St Lucie County Townhouses and Condos June 2020 Market Report

St Lucie County Townhouses and Condos June 2020 Market Report

The St Lucie County Townhouses and Condos market for June 2020 is still showing the effects of the current pandemic. Closed sales remain down when compared to last year but pending sales have risen. So, it appears that there’s some light at the end of the tunnel. Closed sales were down by 19.2% from last year (were down by 41.1% in May). New pending sales were up by 26.3% for April (they were down by 16.9% last month).

June’s prices were also down.  The median price decreased by 1.7% from last year (was down by 10.9% in May) while the average sales price decreased by 4.7% (was down by 0.6% in May).

The inventory of available townhouses and condos decreased by 102 units from last month to 489 units. This is 10.3% less inventory than we had in June 2019. The current inventory supply is 5.6 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate has drifted back into a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos June 2020 Market 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 June 2020 Market Report

St Lucie County Single Family Homes June 2020 Market Report

St Lucie County Single Family Homes June 2020 Market Report

The February 2020, the St Lucie County Single Family Home market seems to have recoverred from the effects of the current pandemic. Closed and pending sales were both up when compared to last year. Closed sales were up by 6.1% for the month (in May they were down by 35.0%). New sales under contract (new pending sales) increased by 39.9% (they were up by 11.5% last month).

Prices were also up for the month.  The median sales price was up by 4.2% (was up by 1.1% in May).  The average sales price was up by 3.3% (it was down by 0.1% in May).

The number of available home listings decreased by 281 homes to 1,270 homes.  This inventory is 29.4% less than last year.  The current supply of homes is 2.7 months (it was 4.0 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes June 2020 Market 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 June 2020 Market Report

Martin County Townhouses and Condos June 2020 Market Report

Martin County Townhouses and Condos June 2020 Market Report

The Martin County Townhouses and Condos market is now showing some recovery from the effects of the current pandemic. Closed sales are down for the month, but not as extreme as last month, when compared to last year.  Though, the good news is that new pending sales have begun to rise. Closed sales for the month were down by 5.9%.  They were down by 38.3% in May.  New sales under contract (new pending sales) were up by 38.6% from last month.  They were up by 7.5% for May.

Prices, though, were down for June.  The median sales price decreased by 6.0% (was up by 3.0% last month). While the average sales price decreased by 9.4% (was up by 25.9% in May).

The inventory of available townhouses and condos decreased by 48 units to 377 properties.  This is a 4.3% smaller inventory then we had in June 2019.  Currently, there’s a 4.4 months supply of inventory (compared to 4.3 months for June 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos June 2020 Market 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 June 2020 Market Report

Martin County Single Family Homes June 2020 Market Report

Martin County Single Family Homes June 2020 Market Report

The Martin County Single Family Homes Market Report seems to have shaken the negative effects of the current Covid-19 pandemic. Closed sales were up by 3.0% from last month (were down by 50.0% in May).  While new pending sales increased by 57.5% as compared to last month when they increased by 21.8%.

Prices were also up for June.  The median sales price was up from last year by 6.5% (it was down by 3.9% in May) while the average sales price increased by a whopping 45.5% (it was up by 9.4% last month).

The inventory of available single-family homes decreased from last month by 190 homes to 712 homes for June. This is 37.0% less inventory than last June.  The current supply of homes is 3.8 months.  For June of last year, it was a 5.1 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes June 2020 Market Report

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

Recent 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 June 2020 Market Report

St Lucie County Townhouses and Condos May 2020 Market Report

St Lucie County Townhouses and Condos May 2020 Market Report

The St Lucie County Townhouses and Condos market for April 2020 is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 41.1% from last year (were down by 43.8% in April). New pending sales were down by 16.9% for April (they were down by 54.6% last month).

April prices were also down.  The median price decreased by 8.4% from last year (was up by 10.9% in March) while the average sales price decreased by 0.6% (was up by 9.6% in March).

The inventory of available townhouses and condos decreased by 27 units from last month to 591 units. This is 4.5% less than we had in April 2019. The current inventory is 6.6 months, as compared to 5.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos May 2020 Market 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 May 2020 Market Report

St Lucie County Single Family Homes May 2020 Market Report

St Lucie County Single Family Homes May 2020 Market Report

The February 2020, the St Lucie County Single Family Home market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year. Though, the bright note is that new pending sales rose for the month. Closed sales were down by 35.0% for the month (in April they were down by 11.3%). New sales under contract (new pending sales) increased by 11.5% (they were down by 34.7% last month).

Prices were mixed for the month.  The median sales price was up by 1.1% (was up by 6.3% in March).  The average sales price was down by 0.1% (it was up by 2.4% in March).

The number of available home listings decreased by 204 homes to 1,571 homes.  This inventory is 19.1% less than last year.  The current supply of homes is 3.3 months (it was 4.3 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes May 2020 Market 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 May 2020 Market Report

Martin County Townhouses and Condos May 2020 Market Report

Martin County Townhouses and Condos May 2020 Market Report

The Martin County Townhouses and Condos market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year.  Though, the good news is that new pending sales have begun to rise. Closed sales for the month were down by 38.3%.  They were down by 26.1% in April.  New sales under contract (new pending sales) were up by 7.5% from last month.  They were down by 38.9% for April.

Prices, though, were up for April.  The median sales price increased by 3.0% (was up by 4.8% last month). While the average sales price increased by 25.9% (was up by 9.5% in April).

The inventory of available townhouses and condos increased by 7 units to 425 properties.  This is a 1.4% smaller inventory then we had in April 2019.  Currently, there’s a 4.9 months supply of inventory (compared to 4.6 months for May 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos May 2020 Market 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 May 2020 Market Report

Martin County Single Family Homes May 2020 Market Report

Martin County Single Family Homes May 2020 Market Report

The Martin County Single Family Homes Market Report is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year. Though there is a glimmer of hope as new pending sales rose. Closed sales were down by 50.0% from last month (were down by 25.3% in March).  While new pending sales increased by 21.8% as compared to last month when they decreased by 49.8%.

Prices were mixed for April.  The median sales price was down from last year by 3.9% (it was down by 3.6% in April) while the average sales price increased by 9.4% (it was down by 3.7% last month).

The inventory of available single-family homes decreased from last month by 63 homes to 902 homes for May. This is 15.8% less inventory than last May.  The current supply of homes is 4.8 months.  For April of last year, it was a 5.4 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2020 Market Report

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

Recent 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 May 2020 Market Report

St Lucie County Townhouses and Condos April 2020 Market Report

St Lucie County Townhouses and Condos April 2020 Market Report

The St Lucie County Townhouses and Condos market for April 2020 is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 43.8% from last year (were down by 3.0% in March). New pending sales were down by 54.6% for April (they were down by 30.2% in March).

March prices, however, rose.  The median price increased by 10.9% from last year (was down by 10.9% in March) while the average sales price increased by 9.66% (was up by 0.6% in March).

The inventory of available townhouses and condos decreased by 19 units from last month to 618 units. This is 4.5% less than we had in April 2019. The current inventory is 6.4 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

 

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 April 2020 Market Report

St Lucie County Single Family Homes April 2020 Market Report

St Lucie County Single Family Homes April 2020 Market Report

The February 2020, the St Lucie County Single Family Home market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 11.3% for the month (in March they were up by 15.1%). New sales under contract (new pending sales) decreased by 34.7% (they were down by 1.5% last month).

Prices, however, were up for the month.  The median sales price was up by 6.3% (was up by 5.5% in March).  The average sales price was up by 2.4% (it was up by 2.9% in March).

The number of available home listings decreased by 113 homes to 1,775 homes.  This inventory is 9.8% less than last year.  The current supply of homes is 3.6 months (it was 4.3 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

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 April 2020 Market Report

Martin County Townhouses and Condos April 2020 Market Report

Martin County Townhouses and Condos April 2020 Market Report

The Martin County Townhouses and Condos market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year.  Closed sales for the month were down by 26.1%.  They were up by 16.7% in March.  New sales under contract (new pending sales) were down by 38.9% from last month.  They were down by 33.1% for February.

Prices, though, were up for April.  The median sales price increased by 4.8% (was up by 25.6% in March). While the average sales price increased by 9.5% (was up by 32.6% in March).

The inventory of available townhouses and condos decreased by 20 units to 418 properties.  This is a 6.3% smaller inventory then we had in April 2019.  Currently, there’s a 4.6 months supply of inventory (compared to 4.7 months for April 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

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 March 2020 Market Report

Martin County Single Family Homes April 2020 Market Report

Martin County Single Family Homes April 2020 Market Report

The Martin County Single Family Homes Market Report is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 25.3% from last month (were up by 7.8% in March).  While new pending sales decreased by 49.8% as compared to last month when they decreased by 31.9%.

Prices were lower for April.  The median sales price was down from last year by 3.6% (it was unchanged in March) while the average sales price decreased by 3.7% (it was down by 7.8% last month).

The inventory of available single-family homes decreased from last month by 5 homes to 965 homes for March. This is 12.6% less inventory than last April.  The current supply of homes is 4.8 months.  For April of last year, it was a 5.6 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

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

Recent 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 April 2020 Market Report

St. Lucie County Townhouses and Condos 2020 1st Quarter Report

St. Lucie County Townhouses and Condos 2020 1st 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 1st Quarter 2020.

St. Lucie County Townhouses and Condos 2020 1st Quarter Report

The Saint Lucie Count townhouses and condo real estate market had weaker sales activity for the first quarter of 2020 when compared to the same period last year.  Prices were mixed when compared to last year.   The inventory was down, but only slightly. This segment of the Saint Lucie County real estate is currently in a balanced market. (A balanced market is one considered to have an absorption rate of 6 to 7 months.)

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Recent market reports:

St. Lucie County Townhouses and Condos 2020 1st Quarter Report

St. Lucie County Single Family Homes 2020 1st Quarter Report

St. Lucie County Single Family Homes 2020 1st 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 2020 1st Quarter Report

Both prices and sales were up for the 1st quarter of 2020 when compared to the same period last year.  Still a strong seller’s market for the St. Lucie County single-family homes real estate market.

To view, the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Recent market reports:

Martin County Townhouses and Condos 2020 1st Quarter Report

Martin County Townhouses and Condos 2020 1st 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 2020 1st Quarter Report

Both sales volume, as well as prices, showed increases in the first quarter of 2020 when compared to the same period last year.  So, we remain in a positive real estate environment.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Recent market reports:

Martin County Townhouses and Condos 2020 1st Quarter Report

Martin County Single Family Homes 2020 1st Quarter Report

Martin County Single Family Homes 2020 1st Quarter Report

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

Martin County Single Family Homes 2020 1st Quarter Report

The Martin County single-family home market continues to show improved sales volume when compared to the 1st quarter of 2019 last year.   Prices were also higher than this period last year with some very impressive gains.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Recent market reports:

Martin County Single Family Homes 2020 1st Quarter Report

St Lucie County Townhouses and Condos March 2020 Market Report

St Lucie County Townhouses and Condos March 2020 Market Report

The St Lucie County Townhouses and Condos market for March 2020 had weaker closed sales activity for March and new pending sales are off considerably. I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were down by 3.0% from last year (were up by 7.5% in January). New pending sales were down by 30.2% for March (they were down by 9.4% in February).

March prices were mostly lower as well.  The median price decreased by 10.9% from last year (was up by 24.1% in February) while the average sales price increased by .06% (was up by 22.4% in January).

The inventory of available townhouses and condos increased by 2 units from last month to 618 units. This is 0.8% less than we had in March 2019. The current inventory is 6.3 months, as compared to 6.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market is now in a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos March 2020 Market 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 March 2020 Market Report

St Lucie County Single Family Homes March 2020 Market Report

St Lucie County Single Family Homes March 2020 Market Report

The February 2020, the St Lucie County Single Family Home Market had stronger closed sales activity for March and is our only local sector without a large drop in pending sales. Closed sales were up by 15.1% for the month (in February they were up by 2.5%). New sales under contract (new pending sales) decreased by 1.5% (they were up by 26.4% last month).

Prices were up for the month.  The median sales price was up by 5.5% (was up by 2.6% in January).  The average sales price was up by 2.9% (it was up by 4.4% in February).

The number of available home listings increased by 11 homes to 1,888 homes.  This inventory is 10.3% less than last year.  The current supply of homes is 3.8 months (it was 4.6 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2020 Market 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 March 2020 Market Report

Martin County Townhouses and Condos March 2020 Market Report

Martin County Townhouses and Condos March 2020 Market Report

The Martin County Townhouses and Condos report had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector.  Closed sales for the month were up by 16.7%.  They were up by 21.4% in February.  New sales under contract (new pending sales) were down by 33.1% from last month.  They were up by 31.6% for February.

Prices, though, were up sharply for March.  The median sales price increased by 25.6% (was up by 3.2% in February). While the average sales price increased by 32.6% (was up by 9.3% in February).

The inventory of available townhouses and condos increased by 27 units to 438 properties.  This is a 2.9% smaller inventory then we had in March 2019.  Currently, there’s a 4.7 months supply of inventory (compared to 4.7 months for March 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos March 2020 Market 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 March 2020 Market Report

Martin County Single Family Homes March 2020 Market Report

Martin County Single Family Homes March 2020 Market Report

The Martin County Single Family Homes Market Report had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 7.8% from last month (were up by 1.2% in January).  While new pending sales decreased by 31.9% as compared to last month when they increased by 6.4%.

Prices were mostly lower for March.  The median sales price was unchanged from last year (it was up by 13.8% in February) while the average sales price decreased by 7.8% (it was down by 37.1% last month).

The inventory of available single-family homes increased from last month by 46 homes to 969 homes for March. This is 15.6% less inventory than last January.  The current supply of homes is 4.7 months.  For February of last year, it was a 5.7 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2020 Market Report

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

Recent 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 March 2020 Market Report