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St Lucie County Townhouses and Condos April 2021 Market Report

St Lucie County Townhouses and Condos April 2021 Market Report

The St Lucie County Townhouses and Condos market for April 2021 continues to show very strong activity when compared to April of 2020. Closed sales were up by 156.1% from last year (were up by 61.9% in March). New pending sales were up by 179.6% for April (they were up by 166.7% last month).

The April prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in March) while the average sales price increased by 7.1% (was up by 32.3% in March).

The inventory of available townhouses and condos decreased by 6 units from last month to 230 residences. This is 61.0% less inventory than we had in April 2020. The current inventory supply is 1.8 months, as compared to 6.4 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 April 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 April 2021 Market Report

St Lucie County Single Family Homes April 2021 Market Report

St Lucie County Single Family Homes April 2021 Market Report

The April 2021, St Lucie County Single Family Home market continues to show impressive yearly improvements with very strong sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 47.3% for the month compared to last year (in March they were up by 7.7%). New sales under contract (new pending sales) increased by 34.6% (they were up by 37.1% last month).

Prices were also up for the month.  The median sales price was up by 20.7% (was up by 15.8% in March).  The average sales price was up by 30.2% (it was up by 18.4% in March).

The number of available home listings increased by 85 homes to 820 homes.  This inventory is 53.8 % less than last year.  The current supply of homes is only 1.4 months (it was 3.6 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 April 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 April 2021 Market Report

St Lucie County Townhouses and Condos March 2021 Market Report

St Lucie County Townhouses and Condos March 2021 Market Report

The St Lucie County Townhouses and Condos market for March 2021 continues to show strong activity when compared to March of 2020. Closed sales were up by 61.9% from last year (were up by 17.4% in February). New pending sales were up by 166.7% for March (they were up by 61.9% last month).

The March prices were also up.  The median price increased by 32.7% from last year (was up by 32.1% in February) while the average sales price increased by 32.3% (was up by 12.8% in February).

The inventory of available townhouses and condos decreased by 46 units from last month to 236 residences. This is 61.8% less inventory than we had in March 2020. The current inventory supply is 2.0 months, as compared to 6.3 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 March 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 March 2021 Market Report

St Lucie County Single Family Homes March 2021 Market Report

St Lucie County Single Family Homes March 2021 Market Report

The March 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 7.7% for the month compared to last year (in February they were up by 21.6%). New sales under contract (new pending sales) increased by 37.1% (they were up by 8.6% last month).

Prices were also up for the month.  The median sales price was up by 15.8% (was up by 17.0% in February).  The average sales price was up by 18.4% (it was up by 24.2% in February).

The number of available home listings decreased by 142 homes to 765 homes.  This inventory is 59.5% less than last year.  The current supply of homes is only 1.4 months (it was 3.8 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 March 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 March 2021 Market Report

St Lucie County Townhouses and Condos February 2021 Market Report

St Lucie County Townhouses and Condos February 2021 Market Report

The St Lucie County Townhouses and Condos market for February 2021 continues to show strong activity when compared to February of 2020. Closed sales were up by 17.4% from last year (were up by 41.2% in January). New pending sales were up by 72.6% for February (they were up by 18.9% last month).

The February prices were also up.  The median price increased by 32.1% from last year (was up by 31.8% in January) while the average sales price increased by 12.8% (was up by 3.6% in January).

The inventory of available townhouses and condos decreased by 62 units from last month to 282 residences. This is 54.2 % less inventory than we had in February 2020. The current inventory supply is 2.5 months, as compared to 6.3 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 February 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 February 2021 Market Report