April 2015 Monthly Market Detail St Lucie County Townhouses and Condos
The April 2015 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors rebounded slightly after a fairly difficult March. Closed sales were up by 8.6% (was up by 2.5% in March) while new sales under contract (new pending sales) decreased by 21.5% (was up by 1.2% in March).
The median sales price increased by 19.5% (down 14.8% in March) and the average sales price increased by 0.8% (was down by 7.7% in March). Back to price increases after a setback last month.
The inventory of available townhouses and condos decreased by 50 units from last month to 634 properties, which is also down from last April by 25.9%. Current supply of inventory decreased to 5.9 months, from March’s 6.4 months. This is 30.6% lower than last year. The St Lucie County townhouse and condo market is inching into a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.
Click here to view or download the full report:
April 2015 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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