June 2013 Monthly Market Detail Martin County Single Family Homes
Another month of solid gains year to year for the June 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors. Closed sales were up by 24.4% and new sales under contract (new pending sales) increased by 43.9%
Both the median and average sales prices increased this month (after decreases in May)by percentages of 13.8% and 31% respectively.
The inventory of available single family homes have decreased to only 1102 units which is down by 28.3% from last June. Current supply of inventory is only 6.3 months (a 39.5% decrease from last year). We are now at a balance market for residential sales in Martin County. There’s no reason not to expect a sellers market should the inventory continue to decrease.
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:
June 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.
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