Florida Townhouse and Condo Sales 2019 Yearly Review
The Florida Townhouse and Condo Sales for 2019 had weaker sales results from last year. Year to year closed sales were down by 0.8% as compared to 2018 which saw a increase of 4.9% and new sales under contract (new pending sales) increased by 0.2% (2018 saw a increase of 2.2%).
Both median and average sales prices were up (year to year) by 3.8% and 2.7% respectively (2018 numbers were 7.2% and 7.7%). A slower (and more sustainable) rate of increase than last year.
Inventory decreased by 9.7% as compared to 2018’s increase of 8.0%. While the supply of inventory dropped to 5.2 months as compared to 5.7 months for 2017. Remaining in a seller’s market for Florida townhouses and condos.
Click here to view or download the full report:
Townhouses and Condos Sales in Florida for 2019
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 market reports:
- Florida Townhouses and Condos 2024 3rd Quarter Report
- Florida Single Family Homes 2024 3rd Quarter Report
- Florida Townhouses and Condos September 2024 Market Report
- Florida Single Family Homes September 2024 Market Report
- Florida Townhouses and Condos August 2024 Market Report
- Florida Single Family Homes August 2024 Market Report
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