St Lucie County Townhouses and Condos October 2024 Market Report

11.30.24 by

St Lucie County Townhouses and Condos October 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 17.9% from last year (they were down by 14.9% in September). New pending sales were down by 30.3% (they were down by 5.4% last month).

Prices were down for October. The median price decreased by 25.1% from last year (was up by 1.4% in September) and the average sales price decreased by 24.4% (was up by 18.3% in September).

The available townhouses and condos inventory increased by 38 units from last month to 711 residences. This is a 53.6% greater inventory than we had in October 2023. The current inventory supply is 8.8 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 Townhouses and Condos October 2024 Market Report

St Lucie County Single Family Homes October 2024 Market Report

11.29.24 by

St Lucie County Single Family Homes October 2024 Market Report

The October 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 15.8% for the month compared to the previous year (in September they were down by 11.4%). New sales under contract (new pending sales) decreased by 14.1% (down by 7.3% last month).

Prices rose in slightly in October when compared to last year.  The median sales price was up by 2.0% (it was up by 2.0% in September too).  The average sales price was up by 3.2% (it was up by 2.1% in September).

The number of available homes for sale increased to 2,227.  This inventory is 43.2% greater than last year.  The current supply of homes is 4.9 months (it was 3.3 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 Single Family Homes October 2024 Market Report

Martin County Townhouses and Condos October 2024 Market Report

11.28.24 by

Martin County Townhouses and Condos October 2024 Market Report

The Martin County Townhouses and Condos real estate market had stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were up by 16.4%.  They were down by 18.3% in September.  New sales under contract (new pending sales) were up 8.8% from last year.  They were up by 8.7% in September.

Prices dropped in October.  The median sales price decreased by 6.8% (was up by 5.3% last month). And, the average sales price decreased by 25.5% (was up by 19.7% in September).

The available townhouses and condos inventory increased to 590 properties.  This is a 56.9% greater supply of inventory than we had in October 2023.  Currently, there’s a 7.3-month supply of inventory (compared to 4.4 months for October 2023).  We remain in a balanced market slightly favoring buyers for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos October 2024 Market Report

Martin County Single Family Homes October 2024 Market Report

11.27.24 by

Martin County Single Family Homes October 2024 Market Report

The Martin County Single Family Homes real estate market had mixed sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down 16.3% from last year (they were up by 7.6% in September). At the same time, new pending sales were up by 7.4% compared to last year (which decreased by 23.8% last month).

Prices improved for October when compared to last year.  The median sales price increased by 7.5% from last year (up by 3.9% in September) and the average sales price increased by 19.6% (up by 22.1% last month).

The inventory of available single-family homes increased by 231 homes to 767. This is a 43.1% greater inventory than last October.  The current supply of homes is 4.8months.  For October of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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.

Martin County Single Family Homes September 2024 Market Report

St. Lucie County Townhouses and Condos 2024 3rd Quarter Report

11.03.24 by

St. Lucie County Townhouses and Condos 2024 3rd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 3rd Quarter of 2024.

For the 3rd quarter of 2024, the Saint Lucie Count townhouses and condo real estate market showed mixed results. The prices were up for this quarter, but total sales volume was down. The inventory grew for this period. We continue to be in a buyer’s market after a long period of sellers enjoying the advantage.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2024 2nd Quarter Report

St. Lucie County Single Family Homes 2024 3rd Quarter Report

11.02.24 by

St. Lucie County Single Family Homes 2024 3rd Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

For the 3rd quarter of 2024, the St Lucie County single-family home real estate market had increased sales volume. Prices also rose for this quarter, though at a much-reduced rate from previous reports. Inventory is continuing to increase but at a slower rate. Interest rates are stubbornly high, but should improve closer to the end of the year. For the time being, though, the Saint Lucie County single-family home market remains in a seller’s market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2024 3rd Quarter Report

Martin County Townhouses and Condos 2024 3rd Quarter Report

11.01.24 by

Martin County Townhouses and Condos 2024 3rd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2024 3rd Quarter Report

For the Martin County townhouses and condos real estate market sales volume was down for the quarter. Prices were mixed for this period while we had continued increasing inventory. Interest rates remain high for the time being but should start going down soon. I expect sales to remain somewhat sluggish for the short term. We are in a slight buyer’s market for now. I suspect that may soon change.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2024 3rd Quarter Report

Martin County Single Family Homes 2024 3rd Quarter Report

10.31.24 by

Martin County Single Family Homes 2024 3rd Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data reported by Martin County Realtors.

Martin County Single Family Homes 2024 3rd Quarter Report

The Martin County single-family home real estate market continued to show weaker sales activity when compared to last year. Prices were down for the quarter while the inventory continued to rise. Interest rates remain high, though they will soon start to come down. I expect sales to remain sluggish for the short term, though we remain in a seller’s market for Martin County single-family home sales.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2024 3rd Quarter Report

St Lucie County Townhouses and Condos September 2024 Market Report

10.28.24 by

St Lucie County Townhouses and Condos September 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 14.9% from last year (they were down by 29.5% in August). New pending sales were down by 5.4% (they were down by 35.2% last month).

Prices were up for September. The median price increased by 1.4% from last year (was up by 1.6% in August) and the average sales price increased by 18.3% (was up by 9.9% in August).

The available townhouses and condos inventory increased by 6 units from last month to 673 residences. This is a 66.2% greater inventory than we had in September 2023. The current inventory supply is 8.2 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos September 2024 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 Townhouses and Condos September 2024 Market Report

St Lucie County Single Family Homes September 2024 Market Report

10.27.24 by

St Lucie County Single Family Homes September 2024 Market Report

The September 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 11.4% for the month compared to the previous year (in August they were up by 6.5%). New sales under contract (new pending sales) decreased by 7.3% (down by 3.5% last month).

Prices rose in September when compared to last year.  The median sales price was up by 2.0% (it was up by 2.5% in August).  The average sales price was up by 2.1% (it was up by 2.0% in August).

The number of available homes for sale increased by 51 homes to 2,235.  This inventory is 58.7% greater than last year.  The current supply of homes is 4.9 months (it was 3.0 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes September 2024 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 Single Family Homes September 2024 Market Report

Martin County Townhouses and Condos September 2024 Market Report

10.26.24 by

Martin County Townhouses and Condos September 2024 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were down by 18.3%.  They were down by 29.8% in August.  New sales under contract (new pending sales) were up 8.7% from last year.  They were down by 19.0% in August.

Prices rose in September.  The median sales price increased by 5.3% (was down by 0.3% last month). And, the average sales price increased by 19.7% (was down by 10.2% in August).

The available townhouses and condos inventory increased by 13 units to 552 properties.  This is a 64.8% greater supply of inventory than we had in September 2023.  Currently, there’s a 6.9-month supply of inventory (compared to 3.8 months for September 2023).  We remain in a balanced market (Though the trajectory appears to be heading for a buyer’s market) for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Townhouses and Condos September 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos September 2024 Market Report

Martin County Single Family Homes September 2024 Market Report

10.25.24 by

Martin County Single Family Homes September 2024 Market Report

The Martin County Single Family Homes real estate market had a small increase in sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were up by 7.6% from last year (they were down by 6.1% in August). At the same time, new pending sales decreased by 23.8% compared to last year (which increased by 13.7% last month).

Prices were up for September when compared to last year.  The median sales price increased from last year by 3.9% (up by 0.4% in August) while the average sales price increased by 22.1% (down by 7.9% last month).

The inventory of available single-family homes increased by 29 homes to 742. This is a 61.0% greater inventory than last September.  The current supply of homes is 4.6 months.  For September of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Single Family Homes September 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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.

Martin County Single Family Homes September 2024 Market Report

St Lucie County Townhouses and Condos August 2024 Market Report

09.25.24 by

St Lucie County Townhouses and Condos August 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 29.5% from last year (they were unchanged in July). New pending sales were down by 35.2% (they were down by 31.5% last month).

Prices were up for August. The median price increased by 1.6% from last year (was up by 2.7% in July) and the average sales price increased by 9.9% (was up by 1.1% in July).

The available townhouses and condos inventory increased by 8 units from last month to 667 residences. This is a 77.4% greater inventory than we had in August 2023. The current inventory supply is 8.1 months, as compared to 4.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos August 2024 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 Townhouses and Condos August 2024 Market Report

St Lucie County Single Family Homes August 2024 Market Report

09.24.24 by

St Lucie County Single Family Homes August 2024 Market Report

The August 2024 St Lucie County Single Family real estate market showed slightly better sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were up by 6.5% for the month compared to the previous year (in July they were up by 4.2%). New sales under contract (new pending sales) decreased by 3.5% (down by 2.2% last month).

Prices were higher for August when compared to last year.  The median sales price was up by 2.5% (it was up by 1.0% in July).  The average sales price was up by 2.0% (it was up by 0.2% in July).

The number of available homes for sale increased by 117 homes to 2,184.  This inventory is 66.6% greater than last year.  The current supply of homes is 4.7 months (it was 2.7 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes August 2024 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 Single Family Homes August 2024 Market Report

Martin County Townhouses and Condos August 2024 Market Report

09.23.24 by

Martin County Townhouses and Condos August 2024 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were down by 29.8%.  They were down by 22.5% in July.  New sales under contract (new pending sales) were down 19.0% from last year.  They were down by 43.2% in July.

Prices were also down for August.  The median sales price decreased by 0.3% (was down by 2.9% last month). And, the average sales price decreased by 10.2% (was down by 13.3% in July).

The available townhouses and condos inventory decreased by 2 units to 539 properties.  This is an 85.2% greater supply of inventory than we had in August 2023.  Currently, there’s a 6.6-month supply of inventory (compared to 3.3 months for August 2023).  We remain in a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Townhouses and Condos August 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos August 2024 Market Report

Martin County Single Family Homes August 2024 Market Report

09.22.24 by

Martin County Single Family Homes August 2024 Market Report

The Martin County Single Family Homes real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 6.1% from last year (they were up by 4.1% in July). At the same time, new pending sales increased by 13.7% compared to last year (which increased by 2.5% last month).

Prices were mixed for August when compared to last year.  The median sales price increased from last year by 0.4% (down by 6.6% in July) while the average sales price decreased by 7.9% (down by 31.0% last month).

The inventory of available single-family homes increased by 9 homes to 713. This is a 54.3% greater inventory than last August.  The current supply of homes is 4.4 months.  For August of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Single Family Homes August 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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.

Martin County Single Family Homes August 2024 Market Report

St. Lucie County Townhouses and Condos 2024 2nd Quarter Report

09.02.24 by

St. Lucie County Townhouses and Condos 2024 2nd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 4th Quarter of 2023.

St. Lucie County Townhouses and Condos 2024 2nd Quarter Report

For the 2nd quarter of 2024, the Saint Lucie Count townhouses and condo real estate market showed weaker sales. The prices also declined for this quarter. The inventory grew for this period. We continue to be in a buyer’s market after a long period of sellers enjoying the advantage.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2024 2nd Quarter Report

St. Lucie County Single Family Homes 2024 2nd Quarter Report

09.01.24 by

St. Lucie County Single Family Homes 2024 2nd Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2024 2nd Quarter Report

For the 2nd quarter of 2024, the St Lucie County single-family home real estate market continued the trend of reduced sales volume. Prices rose for this quarter, though at a much-reduced rate from previous reports. Inventory is continuing to increase but at a slower rate. Interest rates are still stubbornly high, but should improve closer to the end of the year. For the time being, though, the Saint Lucie County single-family home market remains in a seller’s market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2024 2nd Quarter Report

Martin County Townhouses and Condos 2024 2nd Quarter Report

08.31.24 by

Martin County Townhouses and Condos 2024 2nd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2024 2nd Quarter Report
Martin County Townhouses and Condos 2024 2nd Quarter Report

For the Martin County townhouses and condos real estate market sales volume was down for the quarter. Prices decreased for this period while we had continued increasing inventory. Interest rates remain high for the time being but should start going down soon. I expect sales to remain somewhat sluggish for the short term. We remain in a balanced market for now. I suspect that we will soon be in a buyer’s market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2024 2nd Quarter Report

Martin County Single Family Homes 2024 2nd Quarter Report

08.30.24 by

Martin County Single Family Homes 2024 2nd Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data reported by Martin County Realtors.

Martin County Single Family Homes 2024 2nd Quarter Report
Martin County Single Family Homes 2024 2nd Quarter Report

The Martin County single-family home real estate market continued to show weaker sales activity when compared to last year. Prices were mixed for the quarter while the inventory continued to rise. Interest rates remain high, though they will soon start to come down. I expect sales to remain sluggish for the short term, though we remain in a seller’s market for Martin County single-family home sales.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2024 2nd Quarter Report