St Lucie County Townhouses and Condos December 2017 Market Report

St Lucie County Townhouses and Condos December 2017 Market Report

The St Lucie County Townhouses and Condos December 2017 Market Report had some strong sales growth while other metrics were a bit mixed.  Closed sales were up by 26.6% from last year (was up by 30.7% in November) while new pending sales were up by 1.6% for December (was up by 8.4% in November).

Values were split with the median price decreasing by 13.3% from last year (was up by 37.8% in November) while the average sales price increased by 16.1% (was up by 30.7% in November).

The inventory of available townhouses and condos increased by 19 units from last month to 516 units, which is 5.7% less than December 2016. The current supply is 5.1 months, which is 10.5% less than the 5.7 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 December 2017 Market Report

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

St Lucie County Single Family Homes December 2017 Market Report

St Lucie County Single Family Homes December 2017 Market Report

St Lucie County Single Family Homes December 2017 Market Report showed some slightly improved sales activity compared to last December. Closed sales were up by 3.3% (in November they were up by 14.6%) and new sales under contract (new pending sales) decreased by 5.3% (they were up by 1.1% last month).

Prices continued to rise.  The median and average sales prices up by 6.9% and 4.9% respectively from last December (For November these numbers were up 14.2% and 10.8%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 38 homes down to 1,585 homes.  This inventory is 8.5% lower than last year.  The current supply of homes is 3.4 months (was 3.5 months for November) compared to 3.9 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.

St Lucie County Single Family Homes December 2017 Market Report

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

St Lucie County Townhouses and Condos November 2017 Market Report

St Lucie County Townhouses and Condos November 2017 Market Report

The St Lucie County Townhouses and Condos November 2017 Market Report continues with strong gains from last year.  Closed sales were up by 30.7% from last year (was up by 18.1% in October) while new pending sales was down by 8.4% for November (was up by 83.6% in October).

Values rose sharply with the median price increasing by 37.8% from last year (was down by 3.3% in October) while the average sales price increased by 30.7% (was up by 2.7% in October).

The inventory of available townhouses and condos increased by 63 unit from last month to 497 units, which is 10.0% less than November 2016. The current supply is 5.0 months, which is 10.7% less than the 5.6 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 November 2017 Market Report

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

St Lucie County Single Family Homes November 2017 Market Report

St Lucie County Single Family Homes November 2017 Market Report

St Lucie County Single Family Homes November 2017 Market Report showed good activity as compared to last year. Closed sales were up by 14.6% (in October they were up by 16.7%) and new sales under contract (new pending sales) increased by 1.1% (they were up by 25.9% last month).

Prices continued to rise.  The median and average sales prices up by 14.2% and 10.8% respectively from last November (For October these numbers were up 17.0% and 10.4%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings increased by 58 homes down to 1,623 homes.  This inventory is 9.2% lower than last year.  The current supply of homes is 3.5 months (was 3.4 months for October) compared to 4.1 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.

St Lucie County Single Family Homes November 2017 Market Report

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

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