St Lucie County Townhouses and Condos August 2017 Market Report

St Lucie County Townhouses and Condos August 2017 Market Report

The St Lucie County Townhouses and Condos Market Report for August 2017 showed some weakness in closed sales but good numbers for new pending sales.  Closed sales were down by 7.3% from last year (were up by 26.8% in July) while new pending sales were up by 15.8% for August (was unchanged in July).

Values continue to rise with the median price up by 17.2% (was up by 17.5.% in July) while the average sales price increased by % (was up by 7.7% in July).  Continuing a fairly steady rise in values.

The inventory of available townhouses and condos decreased by 58 unit from last month to 441 units, which is 15.8% less than August 2016. The current supply is 4.5 months, which is 13.5% less than the 5.2 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2017 Market Report

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

St Lucie County Single Family Homes August 2017 Market Report

St Lucie County Single Family Homes August 2017 Market Report

St Lucie County Single Family Homes Market Report for August 2017 showed moderating activity as compared to last July as well as last month. Closed sales were down by 6.2% (in July they were up by 8.5%) and new sales under contract (new pending sales) increased by 13.4% (they were up by 1.2% last month).

Prices continued to rise.  The median and average sales prices up by 10.8% and 8.6% respectively from last August (For July these numbers were up 14.3% and 10.2%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings decreased by 21 homes down to 1,592 homes.  This inventory is 0.6% lower than last year.  The current supply of homes is 3.5 months (was also 3.5 months for July) and also 3.5 months for last year.  This is unchanged from 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.

St Lucie County Single Family Homes August 2017 Market Report

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

St Lucie County Townhouses and Condos July 2017 Market Detail

St Lucie County Townhouses and Condos July 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for July 2017 showed some strong growth as  compared to last July.  Closed sales were up by 26.8% from last year (were down by 19.6% in June) while new pending sales were unchanged for July (was up by 33.3% in June).

Values continue to rise with the median price up by 17.5.% (was up by 4.7% in June) while the average sales price increased by 0.4% (was up by 17.9% in June).  Price rises should moderate some in the coming months.

The inventory of available townhouses and condos decreased by 7 unit from last month to 499 units, which is 1.6% less than July 2016. The current supply is 5.1 months, which is equal to  the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2017 Market Detail

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

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 July 2017 Market Detail

St Lucie County Single Family Homes July 2017 Market Detail

St Lucie County Single Family Homes July 2017 Market Detail

St Lucie County Single Family Homes Market Detail for July 2017 showed improved activity as compared to last June as well as last month. Closed sales were up by 8.5% (in June they were unchanged) and new sales under contract (new pending sales) increased by 1.2% (they were down by 10.6% last month).

Prices continued to rise.  The median and average sales prices up by 14.3% and 10.2% respectively from last July (For June these numbers were up 10.7% and 4.5%).  These price increases are making home affordability an issue in St Lucie County.

Active listings increased by 30 homes down to 1,613 homes.  This inventory is 10.1% higher than last year.  The current supply of homes is 3.5 months (was also 3.5 months for June) and 3.3% for last year.  This is 6.1% higher than 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.

St Lucie County Single Family Homes July 2017 Market Detail

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

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 July 2017 Market Detail

St. Lucie County Townhouses and Condos 2017 2’nd Quarter Report

Quarterly Market Report for St. Lucie County Townhouses and Condos

2’nd 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 2’nd Quarter 2017.

St. Lucie County Townhouses and Condos 2017 2'nd Quarter Report

Sales and pending sales volume were mixed this quarter as compared to the 2’nd quarter of 2016 while prices continued to rise fairly impressively.  Active inventory decreased resulting with the Saint Lucie County townhouse and condo market in a sellers’ market.

View the entire set of data at GabeSanders.com