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St Lucie County Townhouses and Condos January 2021 Market Report

St Lucie County Townhouses and Condos January 2021 Market Report

The St Lucie County Townhouses and Condos market for January 2021 continues to show very strong activity. Closed sales were up by 41.2% from last year (were up by 25.5% in December). New pending sales were up by 18.9% for January (they were up by 53.2% last month).

The January prices were also up.  The median price increased by 31.8% from last year (was up by 38.2% in December) while the average sales price increased by 3.6% (was up by 23.1% in December).

The inventory of available townhouses and condos increased by 25 units from last month to 344 residences. This is 41.3% less inventory than we had in January 2020. The current inventory supply is 3.0 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 January 2021 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 January 2021 Market Report

St Lucie County Single Family Homes January 2021 Market Report

St Lucie County Single Family Homes January 2021 Market Report

The January 2021, St Lucie County Single Family Home market continues to show yearly improvements with strong sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 21.9% for the month compared to last year (in December they were up by 1.4%). New sales under contract (new pending sales) increased by 9.6% (they were up by 44.1% last month).

Prices were also up for the month.  The median sales price was up by 17.4% (was up by 14.2% in December).  The average sales price was up by 16.8% (it was up by 18.5% in December).

The number of available home listings increased by 56 homes to 988 homes.  This inventory is 48.8% less than last year.  The current supply of homes is only 1.8 months (it was 3.9 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2021 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 January 2021 Market Report

St Lucie County Townhouses and Condos December 2020 Market Report

St Lucie County Townhouses and Condos December 2020 Market Report

The St Lucie County Townhouses and Condos market for December 2020 continues to show very strong activity. Closed sales were up by 25.5% from last year (were up by 49.0% in November). New pending sales were up by 53.2% for December (they were up by 56.3% last month).

The December prices were also up sharply.  The median price increased by 38.2% from last year (was up by 44.8% in November) while the average sales price increased by 23.1% (was up by 38.7% in November).

The inventory of available townhouses and condos decreased by 43 units from last month to 319 residences. This is 45.2% less inventory than we had in December 2019. The current inventory supply is 2.9 months, as compared to 5.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 2020 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 2020 Market Report

St Lucie County Single Family Homes December 2020 Market Report

St Lucie County Single Family Homes December 2020 Market Report

The December 2020, St Lucie County Single Family Home market continues to show improvements with better sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 1.4% for the month (in November they were up by 23.7%). New sales under contract (new pending sales) increased by 44.1% (they were up by 23.9% last month).

Prices were also up for the month.  The median sales price was up by 14.2% (was up by 7.5% in November).  The average sales price was up by 18.5% (it was up by 9.1% in November).

The number of available home listings decreased by 62 homes to 932 homes.  This inventory is 46.4% less than last year.  The current supply of homes is only 1.8 months (it was 3.5 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2020 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 2020 Market Report

St Lucie County Townhouses and Condos November 2020 Market Report

St Lucie County Townhouses and Condos November 2020 Market Report

The St Lucie County Townhouses and Condos market for November 2020 continues to show excellent activity. Closed sales were up by 49.0% from last year (were up by 102.5% in October). New pending sales were up by 56.3% for November (they were up by 42.6% last month).

The November prices were also up.  The median price increased by 44.8% from last year (was down by 17.5% in October) while the average sales price increased by 38.7% (was up by 35.4% in October).

The inventory of available townhouses and condos was unchanged from last month at 362 units. This is 37.7% less inventory than we had in November 2019. The current inventory supply is 3.3 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 2020 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 2020 Market Report