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

Martin County Townhouses and Condos October 2017 Market Report

Martin County Townhouses and Condos October 2017 Market Report

Martin County Townhouses and Condos October 2017 Market Report showed very strong activity for the month.  Closed sales for the month were up by 60.8% (were down by 17.8% in September) while new sales under contract (new pending sales) were up by 45.9% from October 2016 (decreased by 30.1% in September).

Prices, also, were up for October as the median sales price increased by 18.6% (was up by 6.1% in September) while the average sales price increased by 33.6% (was up by 18.9% in September) as compared to October of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 18 units to 365 properties as compared to last month.  This is 9.0% less than the October 2016 inventory.  Currently, there’s a 3.8 month supply of inventory (compared to 4.2 months for October 2016).  Still a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

October 2017 Martin County Townhouses and Condos Market Report

Click here to view or download the full report:
Martin 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.

Martin County Townhouses and Condos October 2017 Market 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

Martin County Townhouses and Condos September 2017 Market Report

Martin County Townhouses and Condos September 2017 Market Report

Martin 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 for the month were down by 17.8% (were up by 36.7% in August) while new sales under contract (new pending sales) were down by 30.1% from September 2016 (increased by 22.1% in August).

Prices, however, were up for September as the median sales price increased by 6.1% (was down by 5.1% in August) while the average sales price increased by 18.9% (was up by 10.6% in August) as compared to September of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos decreased by 4 units to 347 properties as compared to last month.  This is 3.6% less than the September 2016 inventory.  Currently, there’s a 3.7 month supply of inventory (unchanged from last year which was also 3.7 months).  Still a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes September 2017 Market Report

Click here to view or download the full report:
Martin 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.

Martin County Townhouses and Condos September 2017 Market Report

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