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

Martin County Townhouses and Condos December 2017 Market Report

Martin County Townhouses and Condos December 2017 Market Report

Martin County Townhouses and Condos December 2017 Market Report showed continued better activity when compared to last December.  Closed sales for the month were up by 19.7% (was up by 10.4% in November) while new sales under contract (new pending sales) were up by 1.3% from December 2016 (increased by 2.4% in November).

Prices, also, were up for December as the median sales price increased by 15.4% (was up by 7.1% in November) while the average sales price increased by a whopping 41.9% (was up by 10.5% in November) as compared to December of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 8 units to 396 properties as compared to last month.  This is 7.3% less than the December 2016 inventory.  Currently, there’s a 4.0 month supply of inventory (compared to 4.6 months for December 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.

Martin County Townhouses and Condos December 2017 Market Report

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

Martin County Townhouses and Condos 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

Martin County Townhouses and Condos November 2017 Market Report

Martin County Townhouses and Condos November 2017 Market Report

Martin County Townhouses and Condos November 2017 Market Report showed strong activity for the month.  Closed sales for the month were up by 10.4% (was up by 60.8% in October) while new sales under contract (new pending sales) were up by 2.4% from November 2016 (increased by 45.9% in October).

Prices, also, were up for November as the median sales price increased by 7.1% (was up by 18.6% in October) while the average sales price increased by 10.5% (was up by 33.6% in October) as compared to November of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 23 units to 388 properties as compared to last month.  This is 8.1% less than the November 2016 inventory.  Currently, there’s a 4.0 month supply of inventory (compared to 4.4 months for November 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.

Martin County Townhouses and Condos November 2017 Market Report

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

Martin County Townhouses and Condos 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