Florida Townhouses and Condos November 2021 Market Report

12.23.21 by

Florida Townhouses and Condos November 2021 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. This is an improvement from last month’s results. Closed sales were up by 5.4% as compared to last month’s decrease of 5.6%.  New sales under contract (new pending sales) increased by 5.9% (In October, a 0.4% decrease).

Prices continued to rise in November.  The median sales price was up by 19.9% (was up by 17.6% in October). While the average sales price increased by 22.4% (was up 19.6% in October).

The inventory of active listings decreased by 55.8% from November of last year.  This results in 1.5 months supply of inventory as compared to 4.7 months for November 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2021 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Florida Market Report Posts:

Florida Townhouses and Condos November 2021 Market Report

Florida Single Family Homes November 2021 Market Report

12.22.21 by

Florida Single Family Homes November 2021 Market Report

The Florida Single Family Home market activity was slightly more active in sales volume compared to last November. This is an improvement from October’s results. Closed sales were up by 4.3% (were down by 6.8% in October). New sales under contract (new pending sales) were up by 1.6% (were down by 3.6% in October).

Prices continue to rise.  The median sales price rose by 19.6% (it was up by 17.7% in October). And, the average sales price was up by 17.2% (it was up by 12.9% last month).

The inventory of available homes for sale decreased by 31.1% from last year.  This represents only a 1.2 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (November 2020 had a 2.0 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes November 2021 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes November 2021 Market Report

Florida Townhouses and Condos October 2021 Market Report

11.23.21 by

Florida Townhouses and Condos October 2021 Market Report

Florida Townhouses and Condos showed slower sales activity when compared to last year. Reflecting the low inventory that is currently available. Closed sales were down by 5.6% as compared to last month’s increase of 4.9%.  New sales under contract (new pending sales) decreased by 0.4% (In September, a 3.0% increase).

Prices, though, continued to rise in October.  The median sales price was up by 17.6% (was up by 17.2% in September). While the average sales price increased by 19.6% (was up 18.7% in September).

The inventory of active listings decreased by 54.0% from October of last year.  This results in 1.6 months supply of inventory as compared to 4.9 months for October 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2021 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Florida Market Report Posts:

Florida Townhouses and Condos October 2021 Market Report

Florida Single Family Homes October 2021 Market Report

11.22.21 by

Florida Single Family Homes October 2021 Market Report

The Florida Single Family Home market activity was weaker than last October. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Though, I do see some indications that the inventory may soon start increasing. Closed sales were down by 6.8% (were down by 1.3% in September). New sales under contract (new pending sales) were down by 3.6% (were down by 6.1% in September).

Prices, however, continued to rise.  The median sales price rose by 17.7% (it was up by 18.3% in September). And, the average sales price was up by 12.9% (it was up by 16.3% last month).

The inventory of available homes for sale decreased by 29.9% from last year.  This represents only a 1.3 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (October 2020 had a 2.1 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes October 2021 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes October 2021 Market Report

Florida Townhouses and Condos 2021 3rd Quarter Report

11.11.21 by

Florida Townhouses and Condos 2021 3rd Quarter Report

Click the image below to view the 2021 3rd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 3rd Quarter Report

Sales volume showed improvements in the 3rd quarter of 2021 when compared to the same period last year.  Prices also rose, and by big amounts. So, we remain in a positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

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

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2021 3rd Quarter Report

Florida Single Family Homes 2021 3rd Quarter Report

11.10.21 by

Florida Single Family Homes 2021 3rd Quarter Report

Click the image below to view the full details of the 2021 3rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 3rd Quarter Report

For the 3rd quarter of 2021, Florida single-family homes showed reduced sales activity when compared to last year.  But, prices, however, continue to go up. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to continue to affect future sales volume for the near future.

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

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2021 3rd Quarter Report

Florida Townhouses and Condos September 2021 Market Report

10.25.21 by

Florida Townhouses and Condos September 2021 Market Report

Florida Townhouses and Condos showed some improved closed sales when compared to last year. New pending sales, however, were off slightly, reflecting the low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 4.9% as compared to last month’s increase of 13.1%.  New sales under contract (new pending sales) decreased by 3.0% (In August, a 3.7% increase).

Prices, though, continued to rise in September.  The median sales price was up by 17.2% (was up by 16.1% in August). While the average sales price increased by 18.7% (was up 18.9% in August).

The inventory of active listings decreased by 52.2% from September of last year.  This results in 1.7 months supply of inventory as compared to 5.1 months for August 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos September 2021 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Florida Market Report Posts:

Florida Townhouses and Condos September 2021 Market Report

Florida Single Family Homes September 2021 Market Report

10.22.21 by

Florida Single Family Homes September 2021 Market Report

The Florida Single Family Home market activity was weaker than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 1.3% (were up by 0.2% in August). New sales under contract (new pending sales) were down by 6.1% (were down by 4.7% in August).

Prices, however, continued to rise.  The median sales price rose by 18.3% (it was up by 18.0% in August). And, the average sales price was up by 16.3% (it was up by 19.7% last month).

The inventory of available homes for sale decreased by 29.2% from last year.  This represents only a 1.3 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (September 2020 had a 2.2 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes September 2021 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes September 2021 Market Report

Florida Townhouses and Condos August 2021 Market Report

09.23.21 by

Florida Townhouses and Condos August 2021 Market Report

Florida Townhouses and Condos showed improved closed sales when compared to last year, though at smaller numbers than in the previous months. New pending sales, were up slightly, reflecting the low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 13.1% as compared to last month’s increase of 21.1%.  New sales under contract (new pending sales) increased by 3.7% (In July, a 0.6% increase).

Prices, also, continued to rise in August.  The median sales price was up by 16.1% (was up by 20.5% in July). While the average sales price increased by 18.9% (was up 28.1% in July).

The inventory of active listings decreased by 52.4% from August of last year.  This results in 1.7 months supply of inventory as compared to 5.3 months for July 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Florida Market Report Posts:

Florida Townhouses and Condos August 2021 Market Report

Florida Single Family Homes August 2021 Market Report

09.22.21 by

Florida Single Family Homes August 2021 Market Report

The Florida Single Family Home market activity was almost unchanged for closed sales when compared to last year. Pending sales were lower. This is a result of the historically low inventory of homes on the market. There are many buyers but not enough available homes. Closed sales were up by 0.2% (were down by 2.1% in July). New sales under contract (new pending sales) were down by 4.7% (were down by 14.1% in July).

Prices, however, continued to rise.  The median sales price rose by 18.0% (it was up by 20.3% in July). And, the average sales price was up by 19.7% (it was up by 22.8% last month).

The inventory of available homes for sale decreased by 32.4% from last year.  This represents only a 1.3 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (August 2020 had a 2.3 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes August 2021 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes August 2021 Market Report

Florida Townhouses and Condos July 2021 Market Report

08.24.21 by

Florida Townhouses and Condos July 2021 Market Report

Florida Townhouses and Condos showed improved closed sales when compared to last year, though at smaller numbers than in the previous months. New pending sales, were up slightly, reflecting the low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 21.1% as compared to last month’s increase of 79.6%.  New sales under contract (new pending sales) increased by 0.6% (In June, a 7.5% increase).

Prices continued to rise in July.  The median sales price was up by 20.5% (was up by 22.4% in June). While the average sales price increased by 28.1% (was up 35.5% in June).

The inventory of active listings decreased by 53.7% from July of last year.  This results in 1.8 months supply of inventory as compared to 5.6 months for June 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos July 2021 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Florida Market Report Posts:

Florida Townhouses and Condos July 2021 Market Report

Florida Single Family Homes July 2021 Market Report

08.23.21 by

Florida Single Family Homes July 2021 Market Report

The Florida Single Family Home market activity had a decline in closed sales when compared to last year. Pending sales were also lower. This is a result of the historically low inventory of homes on the market. There are many buyers but not enough available homes. Closed sales were down by 2.1% (were up by 23.6% in June). New sales under contract (new pending sales) were down by 14.1% (were down by 13.8% in June).

Prices continued to rise.  The median sales price rose by 20.3% (it was up by 24.5% in June). And, the average sales price was up by 22.8% (it was up by 36.0% last month).

The inventory of available homes for sale decreased by 38.9% from last year.  This represents only a 1.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (July 2020 had a 2.5 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes July 2021 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes July 2021 Market Report

Florida Townhouses and Condos 2021 2nd Quarter Report

08.13.21 by

Florida Townhouses and Condos 2021 2nd Quarter Report

Click the image below to view the 2021 2nd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 2nd Quarter Report

Both sales volume, as well as prices, showed continued strong improvements in the 2nd quarter of 2021 when compared to the same period last year.  So, we remain in a positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

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

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Recent market reports:

Florida Townhouses and Condos 2021 2nd Quarter Report

Florida Single Family Homes 2021 2nd Quarter Report

08.12.21 by

Florida Single Family Homes 2021 2nd Quarter Report

Click the image below to view the full details of the 2021 2nd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 2nd Quarter Report

For the 2nd quarter of 2021, Florida single-family homes continue to show very strong activity when compared to last year.  Both sales and prices had improved results. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

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

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Recent market reports:

Florida Single Family Homes 2021 2nd Quarter Report

Florida Townhouses and Condos June 2021 Market Report

07.23.21 by

Florida Townhouses and Condos June 2021 Market Report

Florida Townhouses and Condos showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 79.6% as compared to last month’s increase of 155.2%.  New sales under contract (new pending sales) increased by 7.5% (In May, a 56.7% increase).

Prices continued to rise in June.  The median sales price was up by 22.4% (was up by 24.1% in May). While the average sales price increased by 35.5% (was up 43.7% in May).

The inventory of active listings decreased by 54.0% from June of last year.  This results in 1.8 months supply of inventory as compared to 5.7 months for May 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos June 2021 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Florida Market Report Posts:

Florida Townhouses and Condos June 2021 Market Report

Florida Single Family Homes June 2021 Market Report

07.22.21 by

Florida Single Family Homes June 2021 Market Report

The Florida Single Family Home showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 23.6% (were up by 57.9% in May). New sales under contract (new pending sales) were down by 13.8% (were up by 0.1% in May).

Prices continued to rise.  The median sales price rose by 24.5% (it was up by 27.7% in May). And, the average sales price was up by 36.0% (it was up by 47.3% last month).

The inventory of available homes for sale decreased by 47.3% from last year.  This represents only a 1.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (June 2020 had a 2.8 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

June 2021 Florida Single Family Homes Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes June 2021 Market Report

Florida Townhouses and Condos May 2021 Market Report

06.23.21 by

Florida Townhouses and Condos May 2021 Market Report

Florida Townhouses and Condos market continue impressive real estate activity when compared to last year. Closed sales were up by 155.2% as compared to last month’s increase of 130.9%.  New sales under contract (new pending sales) increased by 56.7% (In April there was a 208.8% increase).

Prices were also up for May.  The median sales price was up by 24.1% (was up by 19.6% in April). While the average sales price increased by 43.7% (was up 39.9% in April).

The inventory of active listings decreased by 54.6% from May of last year.  This results in 2.0 months of inventory as compared to 6.0 months for May 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos May 2021 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Florida Market Report Posts:

Florida Townhouses and Condos May 2021 Market Report

Florida Single Family Homes May 2021 Market Report

06.22.21 by

Florida Single Family Homes May 2021 Market Report

The Florida Single Family Home showed improved activity when compared to last year. Closed and new pending sales were both up for the month when compared to last year. Closed sales were up by 57.9% (were up by 55.4% in April). New sales under contract (new pending sales) were up by 0.1% (were up by 60.7% in April).

Prices were also up for May.  The median sales price rose by 27.7% (it was up by 22.4% in April). And, the average sales price was up by 47.3% (it was up by 46.1% last month).

The inventory of available homes for sale decreased by 58.2% from last year.  This represents only a 1.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (May 2020 had a 3.3 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes May 2021 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes May 2021 Market Report

Florida Townhouses and Condos April 2021 Market Report

05.24.21 by

Florida Townhouses and Condos April 2021 Market Report

Florida Townhouses and Condos market had very impressive real estate activity when compared to last year. Closed sales were up by 130.9% as compared to last month’s increase of 52.6%.  New sales under contract (new pending sales) increased by 208.8% (In March there was a 126.4% increase).

Prices were also up for April.  The median sales price was up by 19.6% (was up by 15.2% in March). While the average sales price increased by 39.9% (was up 23.8% in March).

The inventory of active listings decreased by 50.3% from April of last year.  This results in 2.3 months of inventory as compared to 5.7 months for April 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos April 2021 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Florida Market Report Posts:

Florida Townhouses and Condos April 2021 Market Report

Florida Single Family Homes April 2021 Market Report

05.21.21 by

Florida Single Family Homes April 2021 Market Report

The Florida Single Family Home continues to show improved activity when compared to last year. Closed and new pending sales were both up for the month when compared to last year. Closed sales were up by 55.4% (were up by 23.3% in March). New sales under contract (new pending sales) were up by 60.7% (were up by 48.2% in March).

Prices were also up for April.  The median sales price rose by 22.4% (it was up by 18.9% in March). And, the average sales price was up by 46.1% (it was up by 37.6% last month).

The inventory of available homes for sale decreased by 61.8% from last year.  This represents only a 1.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (April 2020 had a 3.4 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes April 2021 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes April 2021 Market Report