Search Results for: martin county yearly

Martin County Townhouses and Condos Sales 2023 Yearly Review

01.23.24 by

Martin County Townhouses and Condos Sales 2023 Yearly Review

The Martin County Townhouses and Condos Sales for 2023 is now showing the turnaround the real estate market has experienced with prices that rose too rapidly and increasing mortgage rates. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 5.5% as compared to 2022 which were down by 20.8% and new sales under contract (new pending sales) increased by 1.8% (2022 saw a decrease of 25.9%).

Martin County Townhouses and Condos Sales 2023 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 5.4% and 9.9% respectively (2022 numbers were 31.5% and 18.3%).  However, prices are not rising as fast as in previous years.

Inventory increased by 54.3% as compared to 2022’s decrease of 282.9%. And the supply of inventory rose to 5.2 months as compared to 3.7 months for 2022.  Still a seller’s market for Martin County townhouses and condos, but approaching a balanced market.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2023 Yearly Review

Here are the previous Martin County yearly reviews!

To view the latest 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 Sales 2023 Yearly Review

Martin County Single Family Home Sales 2023 Yearly Review

01.22.24 by

Martin County Single Family Home Sales 2023 Yearly Review

The Martin County Single Family Home Sales for 2023 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly and increasing mortgage rates. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were up by 0.1% (were down by 30.1% in 2022) and new sales under contract (new pending sales) increased by 1.3% (was down by 30.3% in 2022).

Martin County Single Family Home Sales 2023 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2022 to 2023) by 3.5% and 2.5% respectively.  This rate while positive is not as high as last year which was 17.8% and 7.2% respectively in 2022.

The inventory of available homes for sale rose by 18.2% from 2022.  While the monthly supply of homes increased to 3.6 months. Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor the buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2023 Yearly Review

Click here to view previous Martin County yearly reviews!

To view the complete 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 Single Family Home Sales 2023 Yearly Review

Martin County Townhouses and Condos Sales 2022 Yearly Review

01.23.23 by

Martin County Townhouses and Condos Sales 2022 Yearly Review

The Martin County Townhouses and Condos Sales for 2022 is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 20.8% as compared to 2021 which were up by 14.3% and new sales under contract (new pending sales) decreased by 25.9% (2021 saw an increase of 15.1%).

Martin County Townhouses and Condos Sales 2022 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 31.5% and 18.3% respectively (2021 numbers were 18.3% and 27.1%).  Stronger than the increases of the previous year.

Inventory increased by 282.9% as compared to 2021’s decrease of 73.4%. And the supply of inventory rose to 3.2 months as compared to 0.7 months for 2021.  Still a seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2022 Yearly Review

Here are the previous Martin County yearly reviews!

To view the latest 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 Single Family Home Sales 2022 Yearly Review

01.22.23 by

Martin County Single Family Home Sales 2022 Yearly Review

The Martin County Single Family Home Sales for 2022 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 30.1% (were up by 5.4% in 2021) and new sales under contract (new pending sales) decreased by 30.3% (was down by 1.9% in 2021).

Martin County Single Family Home Sales 2022 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2021 to 2022) by 17.8% and 7.2% respectively.  This rate while positive is not as high as last year which was 19.9% and 35.9% respectively in 2021.

The inventory of available homes for sale rose by 185.1% from 2021.  While the monthly supply of homes increased to 3.1 months. Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor the buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2022 Yearly Review

Click here to view previous Martin County yearly reviews!

To view the complete 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 Single Family Home Sales 2022 Yearly Review

Martin County Townhouses and Condos Sales 2021 Yearly Review

02.05.22 by

Martin County Townhouses and Condos Sales 2021 Yearly Review

The Martin County Townhouses and Condos Sales for 2021 showed stronger sales activity when compared to 2020.   Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 14.3% as compared to 2020 which were up by 10.5% and new sales under contract (new pending sales) increased by 15.1% (2020 saw an increase of 15.7%).

Martin County Townhouse and Condo Sales 2021 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 18.3% and 27.1% respectively (2020 numbers were 12.5% and 13.0%).  Stronger than the increases of the previous year.

Inventory decreased by 73.4% as compared to 2020’s decrease of 25.1%. And the supply of inventory dropped to 0.7 months as compared to 2.9 months for 2020.  Even a stronger seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2021 Yearly Review

Here are the previous Martin County yearly reviews!

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 Single Family Home Sales 2021 Yearly Review

02.04.22 by

Martin County Single Family Home Sales 2021 Yearly Review

The Martin County Single Family Home Sales for 2021 as reported by Florida Realtors showed slightly stronger sales activity when compared to 2020.  Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 5.4% (were up by 10.5% in 2020) and new sales under contract (new pending sales) decreased by 1.9% (was up by 17.7% in 2020).

Martin County Single Family Home Sales 2020 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2020 to 2021) by 19.9% and 35.9% respectively.  This rate while positive is not as high as last year which was 3.4% and 7.8% respectively in 2020.

The inventory of available homes for sale decreased by 64.3% from 2020.  While the monthly supply of homes decreased to 0.8 months. A very strong seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2021 Yearly Review

Click here to view previous Martin County yearly reviews!

To view the complete 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 Single Family Home Sales 2020 Yearly Review

Martin County Townhouse and Condo Sales 2020 Yearly Review

02.22.21 by

Martin County Townhouse and Condo Sales 2020 Yearly Review

The Martin County Townhouse and Condo Sales for 2020 showed stronger sales activity when compared to 2019.   Initially, after the pandemic hit, market activity slowed to a near standstill. This was followed by a very strong sellers’ market for the remainder of the year. Year to year closed sales were up by 10.5% as compared to 2019 which were down by 9.6% and new sales under contract (new pending sales) increased by 15.7% (2019 saw a decrease of 8.2%).

Martin County Townhouse and Condo Sales 2020 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 12.5% and 13.0% respectively (2019 numbers were 6.7% and 8.5%).  Stronger than the increases of the previous year.

Inventory decreased by 25.1% as compared to the 2019’s decrease of 8.8%. And the supply of inventory dropped to 2.9 months as compared to 4.2 months for 2018.  Even a stronger seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2020 Yearly Review

Here are the previous Martin County yearly reviews!

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.

Recent market reports:

Martin County Townhouse and Condo Sales 2020 Yearly Review

Martin County Single Family Home Sales 2020 Yearly Review

02.21.21 by

Martin County Single Family Home Sales 2020 Yearly Review

The Martin County Single Family Home Sales for 2020 as reported by Florida Realtors showed stronger sales activity when compared to 2019.  Initially, after the pandemic hit, market activity slowed to a near standstill. This was followed by a very strong sellers’ market for the remainder of the year. Year to year closed sales were up by 10.5% (were down by 0.2% in 2019) and new sales under contract (new pending sales) increased by 17.7% (was up by 2.6% in 2019).

Martin County Single Family Home Sales 2020 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2019 to 2020) by 3.4% and 7.8% respectively.  This rate while positive is not as high as last year which was 3.1% and 1.1% respectively in 2019.

The inventory of available homes for sale decreased by 45.7% from 2019.  While the monthly supply of homes decreased to 2.2 months. A very strong seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2020 Yearly Review

Click here to view previous Martin County yearly reviews!

To view the complete 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.

Recent market reports:

Martin County Single Family Home Sales 2020 Yearly Review

Martin County Townhouse and Condo Sales 2019 Yearly Review

02.18.20 by

Martin County Townhouse and Condo Sales 2019 Yearly Review

The Martin County Townhouse and Condo Sales for 2019 showed reduced sales activity when compared to 2018.   Year to year closed sales were down by 9.6% as compared to 2018 which were up by 1.5% and new sales under contract (new pending sales) decreased by 8.2% (2018 saw a decrease of 2.7%).

Martin County Townhouse and Condo Sales 2019 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 6.7% and 8.5% respectively (2018 numbers were 6.4% and 6.4%).  A little bit stronger than the increases of last year.

Inventory decreased by 8.8% as compared to the 2018’s decrease of 11.4%. And the supply of inventory rose to 4.2 months as compared to 3.5 months for 2018.  Even a stronger seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2019 Yearly Review

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.

Recent market reports:

Martin County Townhouse and Condo Sales 2018 Yearly Review

Martin County Single Family Home Sales 2019 Yearly Review

02.17.20 by

Martin County Single Family Home Sales 2019 Yearly Review

The Martin County Single Family Home Sales for 2019 as reported by Florida Realtors showed slightly weaker sales activity when compared to 2018 for the Martin County single-family housing market.   Year to year closed sales were down by 0.2% (were down by 2.0% in 2018) and new sales under contract (new pending sales) increased by 2.6% (was down by 7.1% in 2018).

Martin County Single Family Home Sales 2018 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2018 to 2019) by 3.1% and 1.1% respectively.  This rate while positive is not as high as last year which was 5.2% and 3.5% respectively in 2018.

The inventory of available homes for sale decreased by 4.8% from 2018.  While the monthly supply of homes decreased to 4.5 months.  Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2019 Yearly Review

To view the complete 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.

Recent market reports:

Martin County Single Family Home Sales 2018 Yearly Review

Martin County Townhouse and Condo Sales 2018 Yearly Review

03.02.19 by

Martin County Townhouse and Condo Sales 2018 Yearly Review

For the Martin County Townhouse and Condo Sales 2018 Yearly Review showed mixed sales activity when compared to 2017 for this segment of the Martin County real estate market.   Year to year closed sales were up by 1.5% as compared to 2017 which were up by 6.7% and new sales under contract (new pending sales) decreased by 2.7% (2017 saw an increase of 1.0%).

Martin County Townhouse and Condo Sales 2018 Yearly Review

Both median and average sales prices were up (year to year) by 6.4% and 6.4% respectively (2017 numbers were 3.3% and 2.4%).  A little bit stronger than the increases of last year.

Inventory decreased by 11.4% as compared to 2017’s decrease of 7.3%. And the supply of inventory dropped to 3.5 months as compared to 4.0 months for 2017.  Even a stronger seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2018 Yearly Review

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 Townhouse and Condo Sales 2018 Yearly Review

Martin County Single Family Home Sales 2018 Yearly Review

03.01.19 by

Martin County Single Family Home Sales 2018 Yearly Review

The Martin County Single Family Home Sales 2018 Yearly Review as reported by Florida Realtors showed weaker sales activity when compared to 2017 for the Martin County single-family housing market.   Year to year closed sales were down by 2.0% (were up by 2.7% in 2017) and new sales under contract (new pending sales) decreased by 7.1% (was down by 0.3% in 2017).

Martin County Single Family Home Sales 2018 Yearly Review

Both median and average sales prices continued to rise (2017 to 2018) by 5.2% and 3.5% respectively.  This rate while positive is not as high as last year which was 8.7% and 9.4% respectively in 2017.

The inventory of available homes for sale increased by 2.2% from 2017.  While the supply of homes increased to 4.7 months.  Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2018 Yearly Review

To view the complete 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 Single Family Home Sales 2018 Yearly Review

Martin County Townhouse and Condo Sales 2017 Yearly Review

03.07.18 by

Martin County Townhouse and Condo Sales 2017 Yearly Review

For the Martin County Townhouse and Condo Sales 2017 Yearly Review showed considerably better activity when compared to 2016 for this segment of the Martin County real estate market.   Year to year closed sales was up by 6.7% as compared to 2016 which was down by 8.6% and new sales under contract (new pending sales) increased by 1.0% (2016 saw a decrease of 6.2%).

Martin County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices were up (year to year) by 3.3% and 2.4% respectively (2016 numbers were 4.2% and 7.5%). Not as large an increase as in previous years which is much more sustainable.

Inventory decreased by 7.3% as compared to 2016’s decrease of 14.2%. While the supply of inventory dropped to 4.0 months as compared to 4.6 months for 2016.  Remaining in a seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2017 Yearly Review

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 Townhouse and Condo Sales 2017 Yearly Review

Martin County Single Family Home Sales 2017 Yearly Review

03.06.18 by

Martin County Single Family Home Sales 2017 Yearly Review

The Martin County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors showed better activity when compared to 2016 for the Martin County single family housing market.   Year to year closed sales was up by 2.7% (was down by 4.1% in 2016) and new sales under contract (new pending sales) decreased by 0.3% (was down by 8.1% in 2016).

Martin County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices continued to rise (2016 to 2017) by 8.7% and 9.4% respectively.  These values were 4.3% and 0.0% respectively in 2016.

The inventory of available homes for sale decreased by 7.3% from 2016.  While the months supply of homes decreased to 4.5 months.  Still a seller’s market.  Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2017 Yearly Review

To view the complete 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 Single Family Home Sales 2017 Yearly Review

Martin County Townhouse and Condo Sales 2016 Yearly Review

03.08.17 by

Martin County Townhouse and Condo Sales 2016 Yearly Review

For the Martin County Townhouse and Condo Sales 2016 Yearly Review showed weaker activity when compared to 2015 for this segment of the Martin County real estate market.   Year to year closed sales were down by 8.6% as compared to 2015 which saw no change and new sales under contract (new pending sales) decreased by 6.2% (2015 saw a decrease of 9%).

Martin County Townhouse and Condo Yearly Review

Both median and average sales prices were up (year to year) by 4.2% and 7.5% respectively (2015 numbers were 20.0% and 12.9%). Not as large an increase as in previous years.

Inventory increased by 14.2% as compared to 2015’s decrease of 19.3%. While the supply of inventory rose to 4.6 months as compared to 3.7 months for 2015.  A sellers’ market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2016 Yearly Review

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 Townhouse and Condo Sales 2016 Yearly Review

Martin County Single Family Home Sales 2016 Yearly Review

03.07.17 by

Martin County Single Family Home Sales 2016 Yearly Review

The Martin County Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors showed weaker activity than 2015 for the Martin County single family housing market.   Year to year closed sales were down by 4.1% (was up by 12.1% in 2015) and new sales under contract (new pending sales) decreased by 8.1% (was up by 4.2% in 2015).

Martin County Single Family Yearly Review

Both median and average sales prices continued to rise (2015 to 2016) by 4.3% and 0.0% respectively.   A much more moderate rate of increase.  These values were 4.4% and 15.2% respectively in 2015.

The inventory of available homes for sale increased by 7.4% from 2015.  While the months supply of homes increased to 5.0 months.  Still a sellers’ market.  Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2016 Yearly Review

To view the complete 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 Single Family Home Sales 2016 Yearly Review

Martin County Townhouse and Condo Sales 2013 Yearly Review

03.08.14 by

Martin County Townhouse and Condo Sales 2013 Yearly Review

For the Martin County Townhouse and Condo Sales 2013 Yearly Review showed a continued strengthening of this segment of the Martin County real estate market.   Year to year closed sales were up by 14.5% as compared to 2012 which saw an increase of 5.2% and new sales under contract (new pending sales) increased by 29.2% (2012 saw a n increase of 15%).

Martin County Townhouse and Condo Sales 2013 Yearly Review

 

Both median and average sales prices were up (year to year) by 14.9% and 12.3% respectively (2012 numbers were 3.9% and 5.4%).  Very significant gains, especially when compared to recent years.

Inventory decreased by 17.5% as compared to 2012’s decrease of 17%. While the supply of inventory dropped to 6.3 months as compared to 8.7 months for 2012.  A balanced market for Martin County townhouses and condos.  I’m a bit concerned over the continued decrease in available inventory as this will lead to reduced numbers in the future.  Though, as prices continue to gain, I expect inventories to rise as well.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2013 Yearly Review

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 Townhouse and Condo Sales 2013 Yearly Review

Martin County Single Family Home Sales 2013 Yearly Review

03.07.14 by

Martin County Single Family Home Sales 2013 Yearly Review

The Martin County Single Family Home Sales 2013 Yearly Review as reported by Florida Realtors indicates just how strong the market performed in 2013 for the Martin County single family housing market.   Year to year closed sales were up by 19.5% (was up by 16.8% in 2012) and new sales under contract (new pending sales) increased by 36.7% (was up by 29% in 2012).

Martin County Single Family Home Sales 2013 Yearly Review

 

Both median and average sales prices were up (2012 to 2013) by 12.6% and 5.5% respectively.   Showing strong gains in value.  These numbers were 3.1% and 1.2% respectively in 2012.

The inventory of available homes for sale increased by only 2.7% from 2012.  While the months supply of homes decreased to 6.5.  Indicating a balanced market, where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2013 Yearly Review

To view the complete 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 Single Family Home Sales 2013 Yearly Review

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

01.25.24 by

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2023 continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 10.5% as compared to 2022 which saw a decrease of 27.3% and new sales under contract (new pending sales) decreased by 5.3% (2022 saw a decrease of 28.7%).

St Lucie County Townhouses and Condos Sales 2023 Yearly Review
Click the image for the full report

Prices were up when compared to last year, however, these prices are not rising as fast as in previous years. The median sales price increased by 8.9% compared to the 19.1% rise last year. The average sales price was up by 0.8% as compared to the 20.0% increase in 2022.

Inventory increased by 91.1% as compared to 2022’s increase of 99.3%. At the same time, the monthly supply of inventory rose to 6.4 months as compared to 3.0 months for 2022.  Entering into a balanced market for Saint Lucie County townhouses and condos after a long stretch of being in a seller’s market.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2023

View previous St Lucie County Yearly Reviews Here!

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 Sales 2023 Yearly Review

St Lucie County Single Family Home Sales 2023 Yearly Review

01.24.24 by

St Lucie County Single Family Home Sales 2023 Yearly Review

The St Lucie County Single Family Home Sales for 2023 as reported by Florida Realtors continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 13.5% (were down by 10.0% in 2022) and new sales under contract (new pending sales) decreased by 9.7% (were down by 18.0% in 2022).

St Lucie County Single Family Home Sales 2023 Yearly Review
St Lucie County Single Family Home Sales 2023 Yearly Review

Both median and average sales prices were up for 2023 by 2.2% and 1.8% respectively.   These numbers were 23.6% and 20.5% respectively in 2022. These prices are not rising as fast as in previous years.

The inventory of available homes for sale increased by 1.6% from 2022 (When there was a 170.7% increase).  While the monthly supply of homes increased to 3.6 months from 3.1 months in 2022.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2023 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

To view the complete 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 Home Sales 2023 Yearly Review