Florida Single Family Homes May 2021 Market Report

Florida Single Family Homes May 2021 Market Report

The Florida Single Family Home showed improved activity when compared to last year. Closed and new pending sales were both up for the month when compared to last year. Closed sales were up by 57.9% (were up by 55.4% in April). New sales under contract (new pending sales) were up by 0.1% (were up by 60.7% in April).

Prices were also up for May.  The median sales price rose by 27.7% (it was up by 22.4% in April). And, the average sales price was up by 47.3% (it was up by 46.1% last month).

The inventory of available homes for sale decreased by 58.2% from last year.  This represents only a 1.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (May 2020 had a 3.3 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes May 2021 Market Report
Recent Florida 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.

Florida Single Family Homes May 2021 Market Report

Florida Townhouses and Condos April 2021 Market Report

Florida Townhouses and Condos April 2021 Market Report

Florida Townhouses and Condos market had very impressive real estate activity when compared to last year. Closed sales were up by 130.9% as compared to last month’s increase of 52.6%.  New sales under contract (new pending sales) increased by 208.8% (In March there was a 126.4% increase).

Prices were also up for April.  The median sales price was up by 19.6% (was up by 15.2% in March). While the average sales price increased by 39.9% (was up 23.8% in March).

The inventory of active listings decreased by 50.3% from April of last year.  This results in 2.3 months of inventory as compared to 5.7 months for April 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos April 2021 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos April 2021 Market Report

Florida Single Family Homes April 2021 Market Report

Florida Single Family Homes April 2021 Market Report

The Florida Single Family Home continues to show improved activity when compared to last year. Closed and new pending sales were both up for the month when compared to last year. Closed sales were up by 55.4% (were up by 23.3% in March). New sales under contract (new pending sales) were up by 60.7% (were up by 48.2% in March).

Prices were also up for April.  The median sales price rose by 22.4% (it was up by 18.9% in March). And, the average sales price was up by 46.1% (it was up by 37.6% last month).

The inventory of available homes for sale decreased by 61.8% from last year.  This represents only a 1.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (April 2020 had a 3.4 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes April 2021 Market Report
Recent Florida 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.

Florida Single Family Homes April 2021 Market Report

Florida Townhouses and Condos 2021 1st Quarter Report

Florida Townhouses and Condos 2021 1st Quarter Report

Click the image below to view the 2021 1st Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 1st Quarter Report

Both sales volume, as well as prices, showed increases in the 1st quarter of 2021 when compared to the same period last year.  So, we remain in a positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale.

To view the full report, click on the image above or this link.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Recent Market Report Posts:

Florida Townhouses and Condos 2021 1st Quarter Report

Florida Single Family Homes 2021 1st Quarter Report

Florida Single Family Homes 2021 1st Quarter Report

Click the image below to view the full details of the 2021 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 1st Quarter Report

For the 1st quarter of 2021, Florida single-family homes continue to show improved activity when compared to last year.  Both sales and prices had improved results. Currently, the biggest issue is a very low inventory of available homes for sale.

To view, the full report click the image above or this link.

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Recent Market Report Posts:

Florida Single Family Homes 2021 1st Quarter Report