February 2014 Monthly Market Detail Martin County Townhouses and Condos

04.02.14 by

February 2014 Monthly Market Detail Martin County Townhouses and Condos

February 2014 Monthly Market Detail Martin County Townhouses and Condos report showed some disappointing results as to volume of activity, though prices continued to soar.  Year to year closed sales were down by 1% (was up by 4.3% in January) while new sales under contract (new pending sales) decreased by 27% (was down 20.9% in January).

The median sales price increased by 17.6% (was up by 15.2% in January) while the average sales price increased by 20.6% (was up 15.2% in January) as compared to February of 2013.  These large price increases are most likely responsible for the drop in volume as many buyers are simply being priced out of the market.

 The inventory of available townhouses and condos has decreased by 3 to 635 units from last month which is 15% less inventory than was available in February of 2013.  With values going up as much as they have, I would have expected higher inventory levels.  The current supply of inventory is 6.4 months (a 24.4% decrease from last year).

 Click here to view or download the full report:  February 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.

February 2014 Monthly Market Detail Martin County Townhouses and Condos

February 2014 Monthly Market Detail Martin County Single Family Homes

04.01.14 by

February 2014 Monthly Market Detail Martin County Single Family Homes

The February 2014 Monthly Market Detail Martin County Single Family Homes continues with mostly positive news, though at a considerably reduced rate of appreciation and volume.  New pending sales were off by 30.4% as compared to February of 2013 (decreased by 18.8% in January).  The reduced number of pending sales are an possible indication of slower closed volume in the coming months. Year to year closed sales were up by 10.8% (was up 29.9% in January).

The median sales price was up by 5.7% from last year (up by 24.7% in January) while the average price dropped by 18.3% (was down by 8.5% last month).  The slowing rate of appreciation will help future sales as the fairly dramatic increases of last year simply priced to many buyers out of the market.

The inventory of available single family homes increased from January 2014 to 1,368 units this month, and this is a 10.3% increase from last February.  Current supply of inventory is only 7 months (a 9.6% decrease from last year).  If this trend continues we’ll be back into a buyers market in Martin County for single family homes next month.  Though indications of activity for March seem to be fairly positive.

Monthly Market Detail - February 2014 Martin County Single Family Homes

Click here to view or download the full report:  February 2014 Monthly Market Detail Martin County Single Family Homes

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.

February 2014 Monthly Market Detail Martin County Single Family Homes

Spacious 3 BR Townhome on Hutchinson Island Price Reduced

04.01.14 by

Spacious 3 BR Townhome on Hutchinson Island Price Reduced

the Maritimes townhome on Hutchinson Island

3 Bedroom, 2 1/2 Bath townhome with a garage in the Maritimes on Hutchinson Island has been reduced to $385,000

the Maritimes townhome on Hutchinson Island

Enjoy your very own spacious Hutchinson Island townhome with beautiful views of the Indian River in a rare three bedroom, two and ½ bathroom home with a one car garage.  This spacious home has a generous open plan with room to roam.  Large master suite with private balcony overlooking one of the two heated community pools and Intracoastal Waterway. 

the Maritimes townhome on Hutchinson Island

Tiled throughout with impact glass windows, updated kitchen and washer and dryer in unit.  The Maritimes is a pet friendly ocean to river community allowing for up to two large dogs.  There are ocean access docks that may be available for purchase or lease.  Beach access as well as tennis also included.  A wonderfully tranquil setting that’s close to both downtown Stuart and Jensen Beach.

the Maritimes townhome on Hutchinson Island

the Maritimes townhome on Hutchinson Island

the Maritimes townhome on Hutchinson Island

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Spacious 3 BR Townhome on Hutchinson Island Price Reduced

February 2014 Monthly Market Detail Florida Townhouses and Condos

03.31.14 by

February 2014 Monthly Market Detail Florida Townhouses and Condos

For the February 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida activity slowed considerably as compared to last year.  Hopefully, this is just a one month issue.   Year to year closed sales were down by 6.8% as compared to last months increase of 9.3% and new sales under contract (new pending sales) decreased by 14.5% (January’s decrease was 6%). 

Both median and average sales prices were up (year to year) by 15.2% and 13.9% respectively (in January it was 17% and 21%).  I suspect that these very strong price gains are what is now slowing the sales activity as many buyers are simply being priced out of the market.

Inventory rose for the fourth month in a row, by 3.7%.  The rising inventory should produce some pressure to moderate the price increases.  This should help regain the momentum of sales.

Monthly Market Detail - February 2014 Florida Townhouses and Condos

Click on the link below or the graphic to see the full market detail report from Florida Realtors:  Click here to view or download the full report:  February 2014 Monthly Market Detail Florida 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.

February 2014 Monthly Market Detail Florida Townhouses and Condos

February 2014 Monthly Market Detail Florida Single Family Homes

03.30.14 by

February 2014 Monthly Market Detail Florida Single Family Homes

The February 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed some moderating activity for the state.    Year to year closed sales were up, but only by 1.5% (was up by 10.2% in January) and new sales under contract (new pending sales) decreased by 5.5% (was up by 0.7% in January).

Both median and average sales prices were up ( February 2013 to February 2014) by 10% and 11% respectively, compared to January’s 12.1% and 19.9%.   While still very positive numbers, the rate of appreciation appears to be slowing.

The inventory of available homes for sale increased by 13% from last year.  This is now the fifth month of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  I suspect that the reduced rate of increasing values and home sales are a direct result of the increasing inventory.  Currently, there are just not enough buyers to absorb this increase fully.

Florida Single Family Feb 2014

Click here to view or download the full report:
February 2014 Monthly Market Detail Florida Single Family Homes

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.

February 2014 Monthly Market Detail Florida Single Family Homes

Four Winds on the River Condo Pending

03.29.14 by

Four Winds on the River Condo Pending

Four Winds on the River Condo in Stuart FL

Another waterfront condo has gone under contract thanks to the BlueWater realty team.  Unit 301 in Four Winds on the River in Stuart FL.

Four Winds on the River Condo in Stuart FL

A beautifully updated 3rd floor condo in one of the premier locations in Stuart.  Features include: tile, crown molding, updated kitchen with white raised panel cabinets, replaced A/C system (2007) and PGT impact sliders (2010) in main sun-room.  Community amenities include: two guest suites, a riverfront clubhouse, pool, tennis, gated entrance, secured lobby and community docks that will accommodate up to a 50 foot boat.  

Four Winds on the River Condo in Stuart FL

Four Winds on the River is a unique boutique condo community with only 39 residences. 38 two bedroom units ranging in size from 1955 sq. ft. of living area to 1,350 sq. ft.  And a one bedroom condo with 1,045 sq. ft. of living area.  Built in 1981, and has seen numerous updates and upgrades through the years.

Four Winds on the River Condo in Stuart FL

Four Winds on the River shares their clubhouse, tennis courts and heated pool with the adjacent Snug Harbor West.  An upscale community of single family Key West style homes.

Four Winds on the River Condo in Stuart FL

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

03.29.14 by

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2014

 

For January 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 23 active condo listings. (Up by 1 condo from January)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

3 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condo from January)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

3 Condos sold in January (Increased by 2 condos from January)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  February 2014 market activity saw an increase in closed sales along with a decrease in pending sales.  Inventory rose by 1 condo.

The current absorption rate with only one sale is 7.6 months (Last month it was 22 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.

The February 2013 numbers were:  18 active listings, 9 pending sales and 4 closed sales.   Unfortunately, for the past few months, the Hobe Sound condo market has been under-performing as compared to last year.

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014
 

 

 

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code February 2014

 

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

03.28.14 by

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2014

 For February 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 289 active listings. (Up by 2 homes from January)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

98 Residential sales are pending and awaiting close  (Increased by 21 homes from January)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014
 

26 Homes Sold in February (Down by 17 homes from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for February had a disappointing decrease in closed sales, though all other indications are positive for the future.  Especially a good increase in pending sales.  The inventory remained basically unchanged.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 11.1 months (6.8 months in January).  Slipping back into a buyers market (though I believe this is just temporary).  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2013 were:  244 active listings, 109 pending sales and 28 closed sales.  Interestingly with a sizable increase in inventory for 2014, numbers are very similar to last year.  This is an indication of a somewhat weaker market activity for this year.

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014 

 

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code February 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code February 2014

03.26.14 by

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code February 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2014

 For February 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 144 active listings. (Decreased by 5 homes from last month)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code February 2014

 

82 Residential sales are pending and awaiting close or lender approval. (Up by 12 homes from January)Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code February 2014



 26 Homes Sold (Decreased by 7 homes from January)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code February 2014

The February 2014 Jensen Beach residential real estate market, zip code 34957 showed good gains in activity for both pending and closed sales.   Inventory took a slight drop, but this is more a result of active listings going under contract rather than a real decrease.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 5.5  months (7.5 months in January).  Once again, back into a sellers market in Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The February 2012 numbers were: 103 active listings, 87 pending sales and 17 home sales closed.   Compared to 2013, the Jensen beach single family market is performing better.
Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code February 2014 
 
 

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code February 2014

Stuart FL Home for Sale on Ridge Lane – Price Reduced

03.26.14 by

Stuart FL Home for Sale on Ridge Lane

PRICE REDUCED!
322 SW Ridge Lane, Stuart, FL
Whispering Pines Stuart FL Home for Sale
Bedrooms: 3
Bathrooms: 2 full		 Living Area Approx: 1824
List Price: $Get Current Price
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A very well maintained 3 bedroom 2 bathroom home with a large den. The kitchen has been updated with Corian counter-tops and oak cabinets. Both bathrooms have been updated with new vanities and tile. Quiet street, close to Publix, beaches, downtown shopping & restaurants. There is a front patio with a picket fence and a large back patio for outdoor grill and entertaining. A lot of house for the money.

 
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Stuart FL Home for Sale on Ridge Lane

Ocean Front Land in Fort Pierce – Price Reduced

03.25.14 by

Ocean Front Land in Fort Pierce – Price Reduced

Ocean Front Land for Sale in Fort Pierce

Ocean front living at it’s best. Build your dream home and step out to your own ocean front paradise. Great location, only minutes to the revitalized downtown Fort Pierce, where you can enjoy fine dining, entertainment and many deep water ocean access marinas.  Also only a few minutes to prestigious Vero Beach or Jensen Beach, with great shopping and beautiful beaches.  Motivated seller is ready to look at offers.

Ocean Front Land for Sale in Fort Pierce
This lot is suitable for a large home or possibly a multifamily structure for those wishing to have a long term investment opportunity.  One of the very few buildable ocean front lots left on South Beach in Fort Pierce. 

Ocean Front Land for Sale in Fort Pierce
Easy access to restaurants, shopping and the vibrant downtown area of Fort Pierce, FL 

Ocean Front Land for Sale in Fort Pierce

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Ocean Front Land in Fort Pierce – Price Reduced

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code February 2014

03.24.14 by

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code February 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2014

 

For January 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 472active listings (An increase of 25 homes from January)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code February 2014

 131 Residential sales are pending and awaiting close or lender approval. (Increased by 14 homes from last month)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code February 2014

 

49 Homes Sold in January (Decreased by 12 homes from January)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code February 2014

After an exceptionally strong 2013 the Palm City home market (zip code 34990) has now a second fairly weak market activity compared to the past year.  Closed sales were off for the second month in a row.  Pending sales did increase, but is not keeping up with the strong growth in inventory.  The added inventory along with the decrease in sales will be exerting some price pressures on this market if sales don’t pick up.
 
The current absorption rate increased to 9.6 months from 7.2 months in October, putting the Palm City residential real estate market into a buyers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The January 2012 numbers were:  408 active listings, 201 pending sales and 34 closed sales.  Unfortunately, the Palm City market is not showing good signs.  Closed sales are up, but future activity looks uncertain with the considerable decrease in future sales.Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code February 2014

 

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code February 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

03.18.14 by

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2014

For January, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 77 active listings (Increased by 10 homes from January)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

 

34 Residential sales are pending and awaiting close or lender approval (Unchanged from January).

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

 

9 Homes Sold in January (Decreased by 1 homes from January)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

The 34994 ZIP code area of the Stuart, Florida had a second month of decreases in closed sales, although down by only 1 home for this month.  Pending sales were unchanged.  While, the inventory took another sizable increase.  As home values rise, latent demand from sellers seems to be materializing in more active listings.  There has to be enough demand to offset this increase in inventory, and in the short term, it appears that this hasn’t yet happened. 

The one month absorption rate for the 34994 zip code for February increased to 8.6 months from last months 6.7 months.  Back to a buyers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The January 2012 numbers were 76 Active Listings, 23 pending sales and 10 closed sales.   Very similar numbers to 2013, with the exception of higher pending numbers this year, which may equate to better sales in the near future.

 Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code February 2014

 

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Stuart Florida Market Report ZIP Code 34994 Residential February 2014

Oceanfront Condo Price Reduced

03.17.14 by

Oceanfront Condo Price Reduced

The new price for this oceanfront condo is now $197,000!  Best price for a Stuart Condo on Hutchinson Island on the water.

Suntide Ocean Front Condo on Hutchinson Island in Stuart Florida

Great opportunity for this Suntide Condo on Hutchinson Island in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide Ocean Front Condo on Hutchinson Island in Stuart Florida
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.
Suntide Ocean Front Condo on Hutchinson Island in Stuart Florida
Suntide Ocean Front Condo on Hutchinson Island in Stuart Florida

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Hobe Sound Homes for Sale Under Contract

03.16.14 by

Hobe Sound Homes for Sale Under Contract

Hobe Sound Homes for Sale

Great location in ‘Old Hobe Sound’ in Olympia Plats.  This home located at 9483 SE Saturn Street is now under contract through the efforts of the Gabe Sanders BlueWater Realty team. 

Hobe Sound Homes for Sale

CBS Key West Style Pool Home in the highly sought after area of ‘Old Hobe Sound’! This 3/2/2 split plan has a metal roof with a pretty cupola.   Interior features include 10 foot ceilings with 14 foot high vaulted ceiling in main living area! There a re arched doorways, classy 7″ baseboards, 8 foot doors and gorgeous brand new 24″ porcelain tile (neutral shade) in entire house except master (which is carpeted) and fresh paint throughout. In the kitchen: stainless appliances (3 years old) and Corian counters. AC unit is new.  Back yard is fully fenced. Hurricane Shutters Included.

Hobe Sound Homes for Sale

BOATERS: You will love that there’s a Boat Launch area only a 1/2 mile away, as well as a community fishing dock and Park! (membership available to boat ramp).

Hobe Sound Homes for Sale

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Hobe Sound Homes for Sale Under Contract

Open House – Conquistador Condo Sunday March 16

03.15.14 by

Open House – Conquistador Condo Sunday March 16

Please come and join Beverly Bray for an open house in Conquistador Condo Building 12 Unit 305 on Sunday March 16 from 2 to 4 P.M.

Exceptionally well maintained condo in a vibrant 55+ community with multiple pools, active clubhouse and a 2 acre waterfront plaza on the banks of the Saint Lucie River with a fishing pier and day dock.  For golfers, the 36 hole Martin County municipal golf course is right next door.

This is the first time this condo has been on the market. An updated 2 BR, 2 BA home with granite counters and resilient flooring. Newer top of the line AC. This is a pet friendly building with up to one large dog permitted. Third floor (top floor) in an elevator building with peaks of the golf course. Close to downtown Stuart, restaurants, shopping, boating and our beaches.

Conquistador is the prime senior location in Stuart Florida.  Open House – Conquistador Condo Sunday March 16 are located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single family homes (the estates section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main club house pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Homes and Condos in Conquistador

 For any questions you may have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Open House – Conquistador Condo Sunday March 16

Waterfront Indian River Drive Home Rented

03.15.14 by

Waterfront Indian River Drive Home Rented

Very happy tenants have signed on for two years for this waterfront home on the scenic Indian River Drive of Jensen Beach Florida.

Waterfront Home on Indian River Drive

12647 Indian River Drive, a nicely updated Waterfront Indian River Drive Home, Sold on January 24, 2014 by the Gabe Sanders BlueWater  realty team.  Since the new owners will be retiring to this home in a few years, it will soon be available for a yearly lease.  Please call or continue watching this site for details to be published soon.

Waterfront Home on Indian River Drive

Enjoy beautiful views of the Indian River from your home or the observation deck on the water. 3 bedroom/ 2 bath home with tile, stainless steel appliances, granite, pantry, screen porch, plantation shutters, high elevation, over 1/3 acre of land close to downtown Jensen Beach.

 Waterfront Home on Indian River Drive

Waterfront Home on Indian River Drive

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Waterfront Indian River Drive Home Rented

 

4 BR New Home for rent – Reduced

03.12.14 by

 

4 BR New Home for rent – Reduced

An opportunity for a rental in a brand new home with 4 Bedrooms, 3 Bathrooms, 3 Car Garage on a spacious 1/2 acre (+) lot in Jensen Beach.  This home is scheduled for completion on January 31, 2014 and is available for rent on a yearly basis.  Granite counter-tops and stainless appliances.  Fabulous location, close to Jensen Beach High School, the Treasure Coast Mall, Beaches, Boating, Shopping and Medical facilities.  For families looking to rent, this is a very special offering.

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$3,500
Residential Rental
Main Features
4 Bedrooms
3 Bathrooms
Interior: 2,671 sqft
Lot: 0.55 acre(s)
Location
235 NE Abaca Way
Jensen Beach, FL 34957
USA
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St Lucie County Townhouse and Condo Sales 2013 Yearly Review

03.11.14 by

St Lucie County Townhouse and Condo Sales 2013 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2013 Yearly Review indicated strong activity but at a reduced volume as compared to 2012.  Year to year closed sales were up by 7.5% as compared to 2012 which saw an increase of 24.2% and new sales under contract (new pending sales) increased by 30.9% (2012 saw a n increase of 38.6%).

St Lucie County Townhouse and Condo Sales 2013 Yearly Review

Both median and average sales prices were up (year to year) by 26.2% and 16.1% respectively (2012 numbers were 18.5% and 14.7%).  Very significant gains that may explain why the reduced volume of sales for this year as townhouses and condos become less affordable.

Inventory decreased by 11.1% as compared to 2012’s decrease of 24.4%. While the supply of inventory dropped to 8.8 months as compared to 9.6 months for 2012.  Still in a buyer’s market for Saint Lucie County townhouses and condos.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2013 Yearly Review

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 Townhouse and Condo Sales 2013 Yearly Review

St Lucie County Single Family Home Sales 2013 Yearly Review

03.10.14 by

St Lucie County Single Family Home Sales 2013 Yearly Review

The St Lucie County Single Family Home Sales 2013 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had excellent market activity for single family homes throughout the year of 2013.  Unfortunately, not quite as strong as 2012 in terms of volume of sales.  Year to year closed sales were up by 7.5% (was up by 16.% in 2012) and new sales under contract (new pending sales) increased by 30.9% (was up by 44.7% in 2012).

St Lucie County Single Family Home Sales 2013 Yearly Review

Both median and average sales prices were up (2012 to 2013) by 20% and 13.4% respectively.   Showing strong gains in value.  These numbers were 5.3% and 1.8% respectively in 2012.  This large increase in values is why the rate of sales has fallen for 2013 as homes become more expensive and less affordable.

The inventory of available homes for sale increased by 11.9% from 2012 (When there was a 38.1% decrease).  While the months supply of homes increased slightly to 5.2 months from 5 months for 2012.  Still in a strong sellers market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2013 Yearly Review

To view the complete 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 Single Family Home Sales 2013 Yearly Review