April 2013 Monthly Market Detail St. Lucie County Townhouses and Condos
Good activity continues as reported by Florida Realtors for the April 2013 Monthly Market Detail St. Lucie County Townhouses and Condos. Year to year closed sales were up by 12.4% and new sales under contract (new pending sales) increased by 56%
Both the median and average sales prices have shown gains this month of 18,7% and 6.5% respectively.
The inventory of available townhouses and condos have decreased to 904 units which id down by 26% from last April. Current supply of inventory is now 8.8 months (a 40.9% decrease from last year). While these results are not quite as strong as in the single family market, they still show strong gains from previous years. It is just a matter of time before prices start rising a bit more dramatically. This current environment is an excellent opportunity for buyers looking into the Saint Lucie County real estate market for townhouses and condos.
Here’s the summary chart from the Florida Realtors report:
Click here to view or download the full report:
April 2013 Monthly Market Detail St. Lucie County Townhouses and Condos
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.
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