St Lucie County Townhouses and Condos June 2019 Market Report

St Lucie County Townhouses and Condos June 2019 Market Report

The St Lucie County Townhouses and Condos market for June 2019 continued with the second month of weaker sales activity.  Closed sales were down by 4.6% from last year (were down by 17.7% in May) while new pending sales were down by 5.8% for June (they were up by 11.7% in May).

Prices, though, rose for June.  The median price increased by 10.4% from last year (was down by 5.4% in May) while the average sales price increased by 4.2% (was down by 0.9% in May).

The inventory of available townhouses and condos decreased by 42 units from last month to 545 units, which is still 4.0% greater than June 2018. The current inventory is 5.4 months, as compared to 5.2 months of inventory last year.  The St Lucie County townhouses and condos market slipped back into a slight seller’s market. 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 June 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos June 2019 Market Report

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 June 2019 Market Report

Martin County Single Family Homes June 2019 Market Report

Martin County Single Family Homes June 2019 Market Report

The Martin County Single Family Homes June 2019 Market Report showed weaker sales activity when compared to last June.  Closed sales were down by 7.1% (were up by 1.1% in May).  While new pending sales decreased by 2.4% as compared to June 2018 (they increased by 1.8% in May).

Prices were mixed for June.  The median sales price was up by 4.9% from last year (up by 3.8% in May) while the average sales price decreased by 3.9% (was down by 0.2% last month).

The inventory of available single-family homes decreased from last month by 70 homes to 1001 units for June,  this is an 11.6% greater inventory than last June.  The current supply of homes is 5.1 months.  For June of last year, it was a 4.5 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes June 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes June 2019 Market Report

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.

Martin County Single Family Homes June 2019 Market Report

Florida Townhouses and Condos June 2019 Market Report

Florida Townhouses and Condos June 2019 Market Report

The Florida Townhouses and Condos Market Report for June 2019 had weaker sales activity when compared to last June.  Closed sales were down by 9.4% as compared to last month’s increase of 1.6% and new sales under contract (new pending sales) decreased by 1.5% (In May there was a 0.5% increase).

Prices were mixed for the month of June.  The median sales price was up by 2.6% (was up by 3.7% in May), while the average sales price decreased by 4.0% (was down 1.2% in May).

The inventory of active listings increased by 4.6% from June of last year.  We now have 5.7 months of inventory as compared to 5.5 months for June 2018.  Remaining in a slight seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos June 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos June 2019 Market Report

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 Townhouses and Condos June 2019 Market Report

Florida Single Family Homes June 2019 Market Report

Florida Single Family Homes June 2019 Market Report

The Florida Single Family Homes Market Report for May 2019 had a slightly lower closed sales volume than last year but pending sales improved which could mean better closed volume for the near future.  The closed sales numbers were down by 1.9% (were up by 9.6% in May) and new sales under contract (new pending sales) were up by 4.9% (were up by 5.0% in May).

Prices were mixed for June.  The median sales price rose by 3.8% (it was up by 4.3% in May) and the average sales price was down by 0.3% (it was up by 2.6% last month).

The inventory of available homes for sale increased by 2.0% from last year.  This is a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June 2018 also had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes June 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2019 Market Report

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.

June 2019 Florida Single Family Homes Market Report

Gabe’s August 2019 House Calls Real Estate Newsletter

Gabe’s August 2019 House Calls Real Estate Newsletter

Click on the image below to view or download Gabe’s August 2019 House Calls Real Estate Newsletter:

Gabe's August 2019 House Calls Real Estate Newsletter

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Gabe’s August 2019 House Calls Real Estate Newsletter