December 2014 Monthly Market Detail Martin County Townhouses and Condos
December 2014 Monthly Market Detail Martin County Townhouses and Condos ended up the years with strong sales volume though prices were less than for the end of 2013. Year to year closed sales were up by 31.3% (was down by 1.8% in October) as well as new sales under contract (new pending sales) increased by 10.8% from December 2013 (was down by 0.9% in October).
The median sales price was off by 18.2% (was up by 15.8% in October) while the average sales price dropped by 13.6% (was up by 7% in October) as compared to December of 2013. Prices have risen for most of the past two years and this may just be a one month event.
The inventory of available townhouses and condos has increased by 19 units to 509 properties from last month, though this is 20.5% less inventory than was available in December of 2013. For December there was a 4.8 month supply of inventory (a 22.8% decrease from last year). Still a sellers market for townhouses and condos in Martin County for December 2014.
Click here to view or download the full report:
December 2014 Monthly Market Detail Martin 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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