Sewalls Point Single Family Market Report October 2019

11.20.19 by

Sewalls Point Single Family Market Report October 2019

Sewalls Point Real Estate Snapshot, Residential Sales for October 2019

There are currently 37 active listings (Down by 3 homes from last month)

Sewalls Point Single Family Market Report October 2019

14 home sales are pending and awaiting close or lender approval (Up by 6 homes from September)

Sewalls Point Single Family Market Report October 2019

2 Homes sold in September (Decreased by 3 homes from September)

Sewalls Point Single Family Market Report October 2019

The single-family real estate market in Sewalls Point had another decrease in closed sales for October.  Pending sales though are looking strong which should result in better-closed sales in the coming months..  The available inventory of homes for sale has now shrunk to pretty small numbers.

The absorption rate jumped up to 18.5 months, in September it was 8.0 months.  A strong buyer’s market for the Sewalls Point single-family home market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer has an advantage.

Comparing the results to October 2018, the inventory was 57 homes on the market, 6 pending sales and there were 7 closed sales.  There was considerable greater sales activity last year on a much larger inventory of available homes for sale.  Pending sales, on the other hand, are stronger this year.

Sewalls Point Single Family Market Report October 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

Click here to view previous Sewalls Point market reports.

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Sewalls Point Single Family Market Report October 2019

 

St. Lucie County Townhouses and Condos 2019 3’rd Quarter Report

11.19.19 by

St. Lucie County Townhouses and Condos 2019 3’rd 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 3’rd Quarter 2019.

St. Lucie County Townhouses and Condos 2019 3'rd Quarter Report

The Saint Lucie Count townhouses and condo real estate market had weaker sales activity for the third quarter of 2019 when compared to the same period last year.  Prices were also lower when compared to last year.   The inventory was up, but only slightly. This segment of the Saint Lucie County real estate is currently just about 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

St. Lucie County Townhouses and Condos 2019 3’rd Quarter Report

St. Lucie County Single Family Homes 2019 3’rd Quarter Report

11.18.19 by

St. Lucie County Single Family Homes 2019 3’rd Quarter Report

Click the image below to view the full details of the St. Lucie County single-family homes market report data as reported by St. Lucie County Realtor for the 3’rd Quarter 2019.

St. Lucie County Single Family Homes 2019 3'rd Quarter Report

Both prices and sales were up for the third quarter of 2019 when compared to the same period last year.  There was a welcome increase in inventory for this quarter as well.  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

St. Lucie County Single Family Homes 2019 3’rd Quarter Report

Martin County Townhouses and Condos 2019 3’rd Quarter Report

11.15.19 by

Martin County Townhouses and Condos 2019 3’rd Quarter Report

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Florida Realtors for the 3’rd Quarter 2019.

Martin County Townhouses and Condos 2019 3'rd Quarter Report

The Martin County townhouse and condo market had weaker sales activity when compared to last year in the third quarter of 2018.  Prices were also off slightly from last year.  The inventory of available properties has improved from last year.

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

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2019 3’rd Quarter Report

11.14.19 by

Martin County Single Family Homes 2019 3’rd Quarter Report

Click the image below to view the full details of the Martin County single-family homes market report data as reported by Martin County Realtors.

Martin County Single Family Homes 2019 3'rd Quarter Report

The Martin County single-family home market continues to show improved sales volume when compared to the third quarter of 2018, 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

Martin County Single Family Homes 2019 3’rd Quarter Report

St Lucie County Townhouses and Condos September 2019 Market Report

11.11.19 by

St Lucie County Townhouses and Condos September 2019 Market Report

The St Lucie County Townhouses and Condos market for September 2019 showed mixed activity as compared to last year.  Closed sales were up by 1.3% from last year (were down by 29.9% in August). New pending sales were down by 11.3% for September (they were down by 14.4% in August).

Prices were lower for September.  The median price decreased by 3.3% from last year (was up by 4.9% in August) while the average sales price decreased by 17.8% (was down by 23.3% in August).

The inventory of available townhouses and condos increased by 17 units from last month to 548 units, which is 8.3% greater than September 2018. The current inventory is 5.6 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s 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 September 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos 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.

St Lucie County Townhouses and Condos September 2019 Market Report

St Lucie County Single Family Homes September 2019 Market Report

11.08.19 by

St Lucie County Single Family Homes September 2019 Market Report

For September 2019, the St Lucie County Single Family Home Market had stronger sales activity when compared to last year. Closed sales were up by 24.0% (in August they were down by 1.5%) and new sales under contract (new pending sales) increased by 17.7% (they were up by 1.7% last month).

Prices were also up for the month.  The median sales price was up by 3.5% (was up by 4.4% in August).  The average sales price was up by 5.1% (it was up by 1.8% in August).

The number of available home listings increased by 52 homes to 1,733 homes.  This inventory is 3.1% smaller than last year.  The current supply of homes is 3.6 months (it was 3.7 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 September 2019 Market Report

Click here to view or download the full report

Click here to view previous St. Lucie County single family home 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.

St Lucie County Single Family Homes September 2019 Market Report

Martin County Townhouses and Condos September 2019 Market Report

11.06.19 by

Martin County Townhouses and Condos September 2019 Market Report

The Martin County Townhouses and Condos September Market Report had mixed sales activity when compared to last year.  Closed sales for the month were down by 17.8%.  They were up by 1.2% in August.  While new sales under contract (new pending sales) were up by 17.5% from September 2018.  They decreased by 19.6% in August.

Prices were up significantly for September.  The median sales price increased by 16.8% (was down by 11.7% in August) while the average sales price increased by 29.0% (was down by 19.1% in August).

The inventory of available townhouses and condos decreased by 25 units to 335 properties.  This is a 3.2% smaller inventory then we had for in September 2018.  Currently, there’s a 3.7 month supply of inventory (compared to 3.0 months for September 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. 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 September 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos 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 Townhouses and Condos September 2019 Market Report

Martin County Single Family Homes September 2019 Market Report

11.04.19 by

Martin County Single Family Homes September 2019 Market Report

The Martin County Single Family Homes September 2019 Market Report showed slightly stronger sales activity when compared to last September.  Closed sales were unchanged from last month (were down by 9.2% in August).  While new pending sales increased by 8.9% as compared to September 2018 (they decreased by 2.9% in August).

Prices were up significantly for September.  The median sales price was up by 18.9% from last year (up by 2.5% in August) while the average sales price increased by 24.9% (was down by 12.5% last month).

The inventory of available single-family homes decreased from last month by 66 homes to 871 units for September,  this is a 0.3% less inventory than last September.  The current supply of homes is 4.5 months.  For September of last year, it was a 4.3 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 one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes September 2019 Market Report

Click here to view or 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.