December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

01.31.14 by

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

Unfortunately the December 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed another month of decreasing sales volume as compared to last year.  This is now four months in a row.  This is one of the most under performing sectors in the Treasure Coast and Florida in general for volume.   Year to year closed sales were down by 19.4% (was down by 17.5% in November) while new sales under contract (new pending sales) decreased by 29.1% (was  down by 5.4% in November

Though values were considerably higher this year with the median sales price up by 37.1% (up 40% in November) and the average sales price rose by 38.8% (was up by 31.4% in November).

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The inventory of available townhouses and condos decreased from last month to 841 units which is a decrease of 11.1% from last December.  Current supply of inventory remained unchanged from last month to 8.8 months (still an 8.3% decrease from last year).   Unfortunately the low inventory along with the rapid increase in values is hurting the volume of condo and townhouse sales in St. Lucie County.  Once inventory starts to rise, I expect the volume to pick up as well.

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

December 2013 Monthly Market Detail St Lucie County Townhouses and Condos

December 2013 Monthly Market Detail St Lucie County Single Family Homes

01.30.14 by

December 2013 Monthly Market Detail St Lucie County Single Family Homes

December 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors closed out 2013 with some weaker than expected activity in terms on volume, though most other statistics are quite positive year to year.  Closed sales were  from last year were down by 6.9% (in November they were up by 3.3%) and new sales under contract (new pending sales) decreased by 30% (they were down by 23.9% last month).

Both median and average sales prices were up (year to year) by 19.2% and 12% respectively year to year. 

December 2013 Monthly Market Detail St Lucie County Single Family Homes

 

The inventory of active listings rose in December (from last month) to 2224 homes, also an increase of 11.9% from last year.  Current supply of inventory is only 5.2 months (a 4.1% increase from last year).   Still a strong sellers market for Saint Lucie County single family homes for sale.  Though the pace seems to be slacking a bit.

Please click on the links below to read the full Saint Lucie County single family market detail:

 

Click here to view or download the full report:
December 2013 Monthly Market Detail St Lucie 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.

December 2013 Monthly Market Detail St Lucie County Single Family Homes

December 2013 Monthly Market Detail Martin County Townhouses and Condos

01.29.14 by

December 2013 Monthly Market Detail Martin County Townhouses and Condos

December 2013 Monthly Market Detail Martin County Townhouses and Condos report ended the year with some signs of a slowing momentum, but still very good overall results from previous years.   I’m seeing some quite impressive price gains for the year along with a continued shrinking inventory making sustained activity difficult for this segment of the market.  Year to year closed sales were down by 9% (down by 6.4% in November) while new sales under contract (new pending sales) increased by 8.1% (was down 1% in November).

The median sales price increased by an impressive 45% (was down by 0.2% in November) while the average sales price increased by 10.4% (was down 26.7% in November) as compared to December of 2012.December 2013 Monthly Market Detail Martin County Townhouses and Condos

 

 The inventory of available townhouses and condos has decreased by 1 unit to 623 units from last month, down from December 2012 inventory by 17.5%.  Current supply of inventory is 6.3 months (a 27.9% decrease from last year).  Finishing 2013 in a balanced market.

 

 Click here to view or download the full report:
December 2013 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.

December 2013 Monthly Market Detail Martin County Townhouses and Condos

December 2013 Monthly Market Detail Martin County Single Family Homes

01.28.14 by

December 2013 Monthly Market Detail Martin County Single Family Homes

The December 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors showed a strong finish to the end of 2013. In fact, Martin County residential sales of single family homes has outperformed the state average for the second month in a row in volume.   Closed sales were up by 17.8% (was 33.8% in November) and new sales under contract (new pending sales) increased by 9.5% (decreased by 4% in November).

The median sales price was up by 7.2% from last year while unfortunately the average price took a steep hit at a decline of 24.1%.

December 2013 Monthly Market Detail Martin County Single Family Homes

The inventory of available single family homes decreased from November to 1253 units, but this is a 2.7% increase from last December.  Current supply of inventory is only 6.5 months (a 14% decrease from last year).  We continue to be in a balanced market for residential sales in Martin County.  Very positive results for our market.

Please look at the full Martin County single family market detail by clicking on the links below:

 

Click here to view or download the full report:
December 2013 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.

December 2013 Monthly Market Detail Martin County Single Family Homes

December 2013 Monthly Market Detail Florida Townhouses and Condos

01.27.14 by

December 2013 Monthly Market Detail Florida Townhouses and Condos

For the December 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida a second relatively weak month as compared to the end of 2012.  Though a bit improved from last month’s numbers.  Year to year closed sales were down by 2.5% as compared to last months decrease of 7.1% and new sales under contract (new pending sales) decreased by 8.7% (November’s decrease was 10.2%).December 2013 Monthly Market Detail Florida Townhouses and Condos

 

Both median and average sales prices were up (year to year) by 17% and 4.1% respectively.

Inventory rose for the second month in a row, though only marginally by 1.6%.  If the inventory keeps rising, I expect to see some increases in the sales volume and a leveling off or a moderation to the price increases we’ve experienced this past year.

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:
December 2013 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.

December 2013 Monthly Market Detail Florida Townhouses and Condos

December 2013 Monthly Market Detail Florida Single Family Homes

01.24.14 by

December 2013 Monthly Market Detail Florida Single Family Homes

The December 2013 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors ended the year with mostly positive results as compared to 2012.  Both closed and pending sales were off.   Year to year closed sales were up by 8.6% (was down by 1.2 % in November) and new sales under contract (new pending sales) decreased by 4.2% (was down by 5.9% in October).

December 2013 Monthly Market Detail Florida Single Family Homes

Both median and average sales prices were up (December 2012 to December 2013) by 11.4% and 3% respectively.   Not quite as much of an increase as in previous months this year, but those kinds of increases were unsustainable.

The inventory of available homes for sale increased by 11.9% from last year.  This is now the third month of increased inventory.  I’ve written in the past that I was expecting this increase which is a direct cause of the easing of the price increases as the supply expands.  It does appear that even with the increasing inventory the traffic for the new year is quite high and I expect some strong results for next month.

Please look at the full detail report for the rest of the story:

Click here to view or download the full report:
December 2013 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.

December 2013 Monthly Market Detail Florida Single Family Homes

Whispering Pines Stuart FL Home for Sale Price Reduced

01.23.14 by

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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Equal Housing Opportunity

Kitching Cove Waterfront Pool Home Under Contract

01.22.14 by

Kitching Cove Waterfront Pool Home Under Contract

Kitching Cove Waterfront Pool Home

Gorgeous wide water views with Ocean access and no fixed bridges!  Private dock with lift!  100′ frontage on protected Kitching Cove Lagoon!

 

Kitching Cove Waterfront Pool Home

An intimate private non gated waterfront community of only 15 homes! Close to Club Med, Sandpiper Bay, golf, boating, shopping, & easy access to the turnpike for commuters!

Kitching Cove Waterfront Pool Home

This is a two story 4,500sq. ft. air conditioned space with 4 bedrooms, 4 1/2 baths, two master suites one up & one down.  The upstairs master suite up includes large loft living room, huge master bedroom, huge master bathroom, jetted roman tub, walk-in shower, walk-in closet and a 2’x10′ mini kitchen & laundry.  A screened wrap around balcony with tranquil river views from every room! Elevator! The lower level has foyer, powder room, formal living & dining rooms, family room, huge 16’x15′ kitchen, master suite, office, two guest bedrooms, laundry and a screened and heated pool with spa.

Kitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool HomeKitching Cove Waterfront Pool Home

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Kitching Cove Waterfront Pool Home Under Contract

Martin Downs Country Club Home Sold

01.21.14 by

Martin Downs Country Club Home Sold

Sorry, but you waited to long to make an offer on this Martin Downs Country Club Home for Sale.  4144 SW Osprey Creek Way in the Martin Down Country Club has now sold.  The sales price was $170,000.

Rarely on the market. 2 bedroom plus den/office or possible 3 bedroom, 2 bathroom, 1 car garage home in Martin Downs Country Club.  Private rear paver patio that’s perfect for entertaining.  Large kitchen with breakfast area, separate dining, Florida and living rooms.

Martin Downs is a guard gated community that offers memberships for golf, tennis and social.  Two large pools, workout room, Tiki Sports Bar and Main Dining Room. A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.  Live the country club lifestyle at an affordable price.

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Martin Downs Country Club Home Sold

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

01.18.14 by

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2013

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

 

There are currently 266 active listings. (Down by 11 homes from November)Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

 

75 Residential sales are pending and awaiting close  (Unchanged from November)
Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013
 

43 Homes Sold in December (Up by 6 homes from last month)Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

A strong finish for 2013 from the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Pending sales were unchanged for December while sales increased.  Inventory decreased after a fairly sizable increase from last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 is at 6.2 months (7.5 months in November).  A balanced market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for December 2012 were:  293 active listings, 84 pending sales and 45 closed sales.  Very similar numbers to the end of last year when the reduced inventory s taken into account.

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

 

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code December 2013

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code December 2013

01.16.14 by

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code December 2013

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2013

 For December 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 135 active listings. (Unchanged from last month)Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code December 2013

51 Residential sales are pending and awaiting close or lender approval. (Down by 9 homes from November)
Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code December 2013

27 Homes Sold (Decreased by 5 homes from November)Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code December 2013

 

The December 2013 Jensen Beach residential real estate market, zip code 34957 showed a slower end of year results.  After a rise in closed sales for November, results were off for December.  A bit more troubling was the second month of decreasing pending sales, which is an indicator of future closed sales.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 5  months (4.4 months in November).  Still in a strong seller’s market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The December 2012 numbers were: 113 active listings, 52 pending sales and 26 home sales closed.   One of the few areas of Martin County with higher inventory levels than last year.  Market activity is very similar, but with the lower inventory factored in, our activity was slightly better at the end of 2012.
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code December 2013
 

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code December 2013

 

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code December 2013

01.14.14 by

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code December 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2013

 

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


There are currently 399 active listings (A decrease of 16 homes from November)Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code December 2013

 140 Residential sales are pending and awaiting close or lender approval. (Decreased by 9 homes from last month) Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code December 2013

73 Homes Sold in November (Increased by 21 homes from November)Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code December 2013

 
A very strong finish for the Palm City home market (zip code 34990) for 2013.  Closed sales were up considerably from last month.  Pending sales were off slightly and after two months of rising inventories, the available Palm City homes for sale once again decreased.
 
The current absorption rate dropped to 5.5  months from 8 months in October, putting us back into a seller’s market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The November 2012 numbers were:  398 active listings, 129 pending sales and 45 closed sales.    Our inventory is almost unchanged from last year now and the sales activity is considerably improved.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code December 2013

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Palm City, FL Real Estate

 

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code December 2013

 

Stuart FL Home for Sale in Whispering Pines

01.14.14 by
 
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322 SW Ridge Lane
Stuart, FL
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Stuart FL Home for Sale in Whispering Pines
$ Click for current price
3 BEDROOMS
2 BATHROOMS ( 2 full )
1824 Square Feet

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.

 
 
   

Updated Rocky Point Pool Home for Sale

01.13.14 by
 
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Rocky Point Homes For Sale
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MLS#: 372469
 
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5478 SE Major Way
Stuart, FL
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Updated Rocky Point Pool Home for Sale
$ Click for current price
3 BEDROOMS
3 BATHROOMS ( 3 full )
2196 Square Feet

Beautiful 3 bedroom 3 full bath oversized 2 car garage home on a huge lot in Rocky Point. Home has recently been remodeled. Kitchen has new cabinets, counters and stainless steel appliances. New carpet in large bedrooms. New tile with wood look in other areas of the home. Bathrooms nicely updated.  The 3rd full bath is located in the garage. Pool completely resurfaced. Ready to move into!
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Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

01.12.14 by

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2013

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

 

There are currently 56 active listings (No changes from November)Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

 

32 Residential sales are pending and awaiting close or lender approval (Down 3 homes from November).
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

14 Homes Sold in November (Increased by 1 home from November)
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

The 34994 ZIP code area of the Stuart, Florida had a small increase in closed sales (a good thing) and a second month in a row with a drop in pending sales (not such a good thing).  The inventory of available homes remained unchanged at 56 homes, which is a very low number for this zip code area of Stuart FL. 

The one month absorption rate for the 34994 zip code for December decreased to 4 months from last months 4.3 months.  Continuing as a strong seller’s market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The December 2012 numbers were 75 Active Listings, 27 pending sales and 14 closed sales.   Better market activity for the end of 2013 when compared to December 2012.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:
Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code December 2013

 

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Stuart Florida Market Report ZIP Code 34994 Residential December 2013

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

01.04.14 by

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

 Offered for $199,900

Great opportunity for this Hutchinson Island Oceanfront Condo Stuart FL Just Listed 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 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.

 

Hutchinson Island Oceanfront Condo Stuart FL Just Listed

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Lost Lake Hobe Sound Home Sold

12.31.13 by

Lost Lake Hobe Sound Home Sold

Lost Lake Home in Hobe Sound
7913 SE Double Tree Drive has been sold by the Gabe Sanders BlueWater Realty team.  The sales price was $285,000. 

Lost Lake Home in Hobe Sound

Beautiful Home light and bright with Southern exposure overlooking Lake and Golf Course  Granite Counters Tile and Bamboo laminate wood floors. newer A/C Updated bath vanities accordion hurricane shutters This home shows like a model Beautiful ceiling fans some window treatments move right in this home also has a brand new roof, skylights and gutters. 

Lost Lake Home in Hobe Sound

Minutes to spectacular Jupiter island beach, shopping and restaurants. 2 community pools, spa, tennis, bike, jog all in your gated community. Golf course designed by Fazio is as good as it gets.  Live and play in a place where the people are very caring and friendly.  It is the best kept secret in Martin county.

 About Lost Lake

Lost Lake in Hobe Sound, Florida

18 holes of golf, a great club house, along with statuesque homes filling the beautifully landscaped streets, ideal views of open fields and small lakes in a peaceful neighborhood; Lost Lake could be your dream neighborhood in Hobe Sound.

 Lost Lake Golf Club

Located just west of US-1 in Martin County, Lost Lake sits in a peaceful area close to shopping in Hobe Sound, Stuart and only a few minutes further to Jupiter.  Lost Lake is located very close to the mariner’s destination known as Peck Lake, great for weekends out on the boat!  Just minutes to the beaches as well.  Lost Lake can be the location for your dream home tomorrow!

 Lost Lake Homes in Hobe Sound, Florida

 

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Lost Lake Hobe Sound Home Sold

Stuart FL Home with Dock and Guest Apartment

12.30.13 by

Stuart FL Home with Dock and Guest Apartment

Snug Harbor West Home for Sale

Deeded ocean access dock for 35′ boat included.  Detached guest apartment with kitchen.  All of this can be yours for $579,000.  Motivated seller requests that you make an offer.

Dock of Snug Harbor West Home for Sale
Enjoy living in your Key West / Victorian style home in the gated community of Snug Harbor West. Snug Harbor West is a waterfront community with a dock on the St Lucie River. The community also has tennis, pool and riverfront clubhouse.

Kitchen of Snug Harbor West home for sale

Main house has living room with gas fireplace and bay windows, large kitchen with gas stove, stainless steel appliances, granite, separate dining room, master bedroom has sitting area, large master bath with huge walk-in closet. A sunny, brick patio in the back to enjoy outdoor living. The oversize 2 car garage has an apartment above that can be used by teenagers/returning college graduates/in-laws. Snug Harbor West is located in the heart of Stuart and is close to beaches, restaurants, grocery, library, hospital.

Living Room of Snug Harbor West home for sale
Community Pool of Snug Harbor West
Waterfront of Snug Harbor West

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Stuart FL Home with Dock and Guest Apartment

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

12.30.13 by

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed  the third month in a row of decreases in sales volume from last years numbers.   Year to year closed sales were down by 17.5% (was down by 12.7% in October) while new sales under contract (new pending sales) decreased by 5.4% (was  down by 13.6% in October

Prices continued to rise however, year to year, with the median sales price up by 40% (up 14.3% in October) and the average sales price rose by 31.4% (was up by 26% in October).

November 2013 Saint Lucie County Condo and TownhouseThe inventory of available townhouses and condos increased from last month to 852 units which is a decrease of 7.8% from last November.  Current supply of inventory rose slightly from last month to 8.8 months (still a 7.8% decrease from last year).   This segment of the market continues to be a buyers market and  unless there’s a moderation in the price increases, I see no change in the easing of the volume of closed and pending sales.

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

November 2013 Monthly Market Detail St Lucie County Townhouses and Condos

November 2013 Monthly Market Detail St Lucie County Single Family Homes

12.29.13 by

November 2013 Monthly Market Detail St Lucie County Single Family Homes

The November 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors has moderated in the past couple of months as compared to last years activity.   Closed sales were up 3.3% from last year  (in October they were unchanged)  and new sales under contract (new pending sales) decreased by 23.9% (they were down by 6.9% last month).

Both median and average sales prices were up (year to year) by 13.6% and 18.7% respectively year to year. November 2013 Saint Lucie County Single Family

The inventory of active listings rose in November (from last month) to 2213 homes, still down by 14.1% from last year.  Current supply of inventory is only 5.1 months (a 14.1% decrease from last year).  We’re still in a seller’s market for the St. Lucie County single family market, but some easing appears to be in progress.  With the significant rise in prices as well as increasing mortgage rates, the current trend will continue to level.  I expect to see a balanced market for the near future with slower price increase.

Please click on the links below to read the full Saint Lucie County single family market detail:

 

Click here to view or download the full report:
November 2013 Monthly Market Detail St Lucie 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.

November 2013 Monthly Market Detail St Lucie County Single Family Homes