St Lucie County Townhouses and Condos October 2017 Market Report

St Lucie County Townhouses and Condos October 2017 Market Report

The St Lucie County Townhouses and Condos October 2017 Market Report rebounded from last month and better than last year.  Closed sales were up by 18.1% from last year (was down by 14.7% in September) while new pending sales were up by 83.6% for October (was down by 19.1% in September).

Values were mixed with the median price decreasing by 3.3% from last year (was unchanged in September) while the average sales price increased by 2.7% (was up by 6.1% in September).  Continuing a fairly steady rise in values.

The inventory of available townhouses and condos increased by 10 unit from last month to 434 units, which is 15.9% less than October 2016. The current supply is 4.6 months, which is 14.8% less than the 5.4 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. Typically a 6 to 7 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

October 2017 St Lucie County Townhouses and Condos Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos October 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

 

St Lucie County Townhouses and Condos October 2017 Market Report

St Lucie County Single Family Homes October 2017 Market Report

St Lucie County Single Family Homes October 2017 Market Report

St Lucie County Single Family Homes October 2017 Market Report showed stronger activity as compared to last year. Closed sales were up by 16.7% (in September they were down by 13.6%) and new sales under contract (new pending sales) increased by 25.9% (they were down by 30.2% last month).

Prices continued to rise.  The median and average sales prices up by 17.0% and 10.4% respectively from last October (For September these numbers were up 11.4% and 12.5%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings increased by 3 homes down to 1,565 homes.  This inventory is 6.4% lower than last year.  The current supply of homes is 3.4 months (was 3.5 months for September) compared to 3.8 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

October 2017 St Lucie County Single Family Homes Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes October 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

 

St Lucie County Single Family Homes October 2017 Market Report

St. Lucie County Townhouses and Condos 2017 3’rd Quarter Report

Quarterly Market Report for St. Lucie County Townhouses and Condos

3’rd Quarter 2017

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 3’rd Quarter 2017.

St. Lucie County Townhouses and Condos 2017 3'rd Quarter Report

Sales volume increased slightly for 2017 while prices continued to rise fairly though at a slower rate than in previous quarters.  Active inventory decreased resulting in the Saint Lucie County townhouse and condo market in a strong seller’s market.

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2017 3’rd Quarter Report

St. Lucie County Single Family Homes 2017 3’rd Quarter Report

Quarterly Market Report for St. Lucie County Single Family Homes

3’rd Quarter 2017

Click the image below to view the full details of the St. Lucie County single family homes market report data as reported by St. Lucie County Realtor for the 3’rd Quarter 2017.

St. Lucie County Single Family Homes 2017 3'rd Quarter Report

Weaker growth for the second quarter as compared to 2016 for sales activity while continuing with some impressive price gains.  Remaining in a stong seller’s market for the St. Lucie County single family homes real estate market.

View the entire set of data at GabeSanders.com

St. Lucie County Single Family Homes 2017 3’rd Quarter Report

St Lucie County Townhouses and Condos September 2017 Market Report

St Lucie County Townhouses and Condos September 2017 Market Report

The St Lucie County Townhouses and Condos Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.   Closed sales were down by 14.7% from last year (was down by 7.3% in August) while new pending sales were down by 19.1% for September (was up by 15.8% in August).

Values were mixed with the median price unchanged from last year (was up by 17.2% in August) while the average sales price increased by 6.1% (was up by 7.7% in August).  Continuing a fairly steady rise in values.

The inventory of available townhouses and condos decreased by 7 unit from last month to 434 units, which is 14.4% less than September 2016. The current supply is 4.5 months, which is 11.8% less than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. Typically a 6 to 7 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2017 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos September 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Townhouses and Condos September 2017 Market Report