August 2013 Monthly Market Detail St Lucie County Townhouses and Condos
The August 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed some mixed results for this month. Year to year closed sales were down by 4% (was up by 8.9% in July) while new sales under contract (new pending sales) increased by 4.9% (was 29.9% in July
Prices continued to rise, year to year, with the median sales price up by an impressive 69.4% (up 62.6% in July) and the average sales price rose by 38.2% (was up by 20% in July).
The inventory of available townhouses and condos rose by 3 from last month to 804 units which is a decrease of 19.8% from last August. Current supply of inventory is now 7.9 months (a 28.9% decrease from last year). While not as strong a sector as the single family market, there have been some very impressive price gains in the townhouse and condo market for Saint Lucie County. This is still a buyers market for now, so there are plenty of good opportunities for those shopping for a townhome or condo.
Please see the entire Saint Lucie County townhome and condo market detail by clicking the links below:
Click here to view or download the full report:
August 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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