Condominium Market Report for September 2010 in Martin County, Florida
The September Condo market showed some fairly good numbers in terms of volume of sales. Up from the last year as well as the previous month. Inventory has declined some more and the trend appears to be fairly positive. Unfortunately, the median sales price is continuing a downward trend. Much of this downward trend reflects that sales of lower-priced non-waterfront condos are currently the predominant market share. The volume of riverfront and oceanfront condos has picked up slightly but remains very sluggish.
For the higher-priced segment of the market, foreclosures and short sales, while not the greatest number of listings, continue to drag prices down overall!
Data compiled from the Realtor Association of Martin County
Condominium Market Report for September 2010 in Martin County, Florida
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Condominium Market Report for September 2010 in Martin County, Florida –