Florida Townhouses and Condos January 2020 Market Report

03.03.20 by

Florida Townhouses and Condos January 2020 Market Report

For January 2020, Florida Townhouses and Condos began 2020 with strong sales activity.  Closed sales were up by 14.5% as compared to last month’s increase of 17.7%.  New sales under contract (new pending sales) increased by 14.3% (In December there was an 8.3% increase).

Prices were also up for January.  The median sales price was up by 8.1% (was up by 9.6% in December), while the average sales price increased by 7.5% (was up 11.5% in December).

The inventory of active listings decreased by 11.7% from January of last year.  This results in 5.5 months of inventory as compared to 6.3 months for January 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos January 2020 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 market reports:

Florida Townhouses and Condos January 2020 Market Report

Florida Single Family Homes January 2020 Market Report

03.02.20 by

Florida Single Family Homes January 2020 Market Report

The Florida Single Family Home sales had a strong start to 2020.  Closed sales were up by 17.9% (were up by 23.8% in December). New sales under contract (new pending sales) were up by 12.4% (were up by 11.9% in December).

Prices were also up for January.  The median sales price rose by 5.9% (it was up by 6.0% in December). The average sales price was up by 6.3% (it was up by 6.9% last month).

The inventory of available homes for sale decreased by 16.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January 2019 had a 4.3 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes January 2020 Market Report
Click on this image to view or download the full report

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.

Florida Single Family Homes January 2020 Market Report

Florida Townhouses and Condos 2019 4th Quarter Report

02.24.20 by

Florida Townhouses and Condos 2019 4th Quarter Report

Click the image below to view the Florida Townhouses and Condos 2019 4th Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2019 4th Quarter Report

Both sales volume, as well as prices, showed increases in the 4th quarter of 2019 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 previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Recent market reports:

Florida Townhouses and Condos 2019 4th Quarter Report

Florida Single Family Homes 2019 4th Quarter Report

02.21.20 by

Florida Single Family Homes 2019 4th Quarter Report

Click the image below to view the full details of the 2019 3’rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2019 4th Quarter Report

For the 4th quarter of 2019 for Florida single-family homes continues to show improved activity when compared to last year.  Both sales and prices had improved results.

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 Townhouse and Condo Sales 2019 Yearly Review

02.14.20 by

Florida Townhouse and Condo Sales 2019 Yearly Review

The Florida Townhouse and Condo Sales for 2019 had weaker sales results from last year.   Year to year closed sales were down by 0.8% as compared to 2018 which saw a increase of 4.9% and new sales under contract (new pending sales) increased by 0.2% (2018 saw a increase of 2.2%).

Florida Townhouse and Condo Sales 2019 Yearly Review
Click the image to view the full report

Both median and average sales prices were up (year to year) by 3.8% and 2.7% respectively (2018 numbers were 7.2% and 7.7%).  A slower (and more sustainable) rate of increase than last year.

Inventory decreased by 9.7% as compared to 2018’s increase of 8.0%. While the supply of inventory dropped to 5.2 months as compared to 5.7 months for 2017.  Remaining in a seller’s market for Florida townhouses and condos.

 Click here to view or download the full report: 
Townhouses and Condos Sales in Florida for 2019

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 market reports:

Florida Townhouse and Condo Sales 2019 Yearly Review

Florida Single Family Home Sales 2019 Yearly Review

02.13.20 by

Florida Single Family Home Sales 2019 Yearly Review

The Florida Single Family Home Sales for 2019 as reported by Florida Realtors shows that this last year continued the positive momentum with a improved rate from the previous year.   Year to year closed sales were up by 5.9% (was up by 2.2% in 2018) and new sales under contract (new pending sales) increased by 5.2% (was up by 0.3% in 2018).

Florida Single Family Home Sales 2019 Yearly Review
Click here for the full report

Both median and average sales prices were up (2018 to 2019) by 3.7% and 2.3% respectively.   Showing continued gains in value though at a lower rate than last year.  These numbers were 7.2% and 6.9% respectively in 2017.

The inventory of available homes for sale decreased by 11.4% from 2018.  While the month’s supply of homes decreased to 3.4 months.  Indicating that Florida single-family homes remain in a strong seller’s market.

Click here to view or download the full report:
2018 Florida Single Family Home Sales Review

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 market reports:

Florida Single Family Home Sales 2019 Yearly Review

Florida Townhouses and Condos December 2019 Market Report

01.24.20 by

Florida Townhouses and Condos December 2019 Market Report

For December 2019, Florida Townhouses and Condos ended 2019 with very strong sales activity.  Closed sales were up by 17.7% as compared to last month’s decrease of 6.3%.  New sales under contract (new pending sales) increased by 8.3% (In November there was an 8.6% increase).

Prices were also up for December.  The median sales price was up by 8.1% (was up by 5.4% in November), while the average sales price increased by 11.5& (was up 1.9% in November).

The inventory of active listings decreased by 9.7% from December of last year.  This results in 5.2 months of inventory as compared to 5.8 months for December 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2019 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.

Florida Townhouses and Condos December 2019 Market Report

Recent Posts:

Florida Single Family Homes December 2019 Market Report

01.23.20 by

Florida Single Family Homes December 2019 Market Report

The Florida Single Family Home sales had a very strong end to 2019.  Closed sales were up by 23.8% (were up by 6.1 % in November). New sales under contract (new pending sales) were up by 11.9% (were up by 14.4 % in November).

Prices were also up for December.  The median sales price rose by 5.9% (it was up by 3.9 % in November). The average sales price was up by 6.9% (it was up by 13.1 % last month).

The inventory of available homes for sale decreased by 11.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December 2018 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes December 2019 Market Report

Click here to view the previous Florida 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.

Florida Single Family Homes December 2019 Market Report

Florida Townhouses and Condos November 2019 Market Report

12.23.19 by

Florida Townhouses and Condos November 2019 Market Report

For November 2019, Florida Townhouses and Condos had mixed sales results when compared to last November.  Closed sales were down by 6.3% as compared to last month’s decrease of 0.5%.  New sales under contract (new pending sales) increased by 8.6% (In October there was a 4.2% increase).

Prices, though, were up for November.  The median sales price was up by 5.4% (was up by 5.8% in October), while the average sales price increased by 1.9% (was up 2.9% in October).

The inventory of active listings decreased by 7.1% from November of last year.  We now have 5.5 months of inventory as compared to 5.7 months for November 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2019 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 Posts:

Florida Townhouses and Condos November 2019 Market Report

Florida Single Family Homes November 2019 Market Report

12.20.19 by

Florida Single Family Homes November 2019 Market Report

The Florida Single Family Home sales continue to have improved activity from the same period last year.  The closed sales were up by 6.1% (were up by 5.2% in October) and new sales under contract (new pending sales) were up by 14.4% (were up by 13.3% in October).

Prices were also up for November.  The median sales price rose by 3.9% (it was up by 3.6% in October) and the average sales price was up by 13.1% (it was up by .5% last month).

The inventory of available homes for sale decreased by 10.5% from last year.  This represents a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (November 2018 had a 4.1 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes November 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes November 2019 Market Report

Click here to view the previous Florida 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.

Florida Townhouses and Condos October 2019 Market Report

12.10.19 by

Florida Townhouses and Condos October 2019 Market Report

For October 2019, Florida Townhouses and Condos had mixed sales results when compared to last October.  Closed sales were down by 0.5% as compared to last month’s increase of 6.1%.  New sales under contract (new pending sales) increased by 4.2% (In September there was a 0.4% decrease).

Prices, though, were up for October.  The median sales price was up by 5.8% (was also up by 5.8% in September), while the average sales price increased by 2.9% (was up 1.3% in September).

The inventory of active listings decreased by 3.7% from October of last year.  We now have 5.4 months of inventory as compared to 5.5 months for October 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors:

Click here to view or 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.

Florida Townhouses and Condos October 2019 Market Report

Florida Single Family Homes October 2019 Market Report

12.09.19 by

Florida Single Family Homes October 2019 Market Report

The Florida Single Family Home sales continue to have improved activity from the same period last year.  The closed sales were up by 5.2% (were up by 11.5% in September) and new sales under contract (new pending sales) were up by 13.3% (were up by 4.5% in September).

Prices were also up for October.  The median sales price rose by 3.6% (it was up by 5.3% in September) and the average sales price was up by 1.5% (it was up by 4.9% last month).

The inventory of available homes for sale decreased by 7.0% from last year.  This represents a 3.7 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October 2018 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes October 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes October 2019 Market Report

Click here to view the previous Florida 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.

Florida Townhouses and Condos 2019 3’rd Quarter Report

11.13.19 by

Florida Townhouses and Condos 2019 3’rd Quarter Report

Click the image below to view the full details of the Florida Townhouses and Condos 2019 3’rd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2019 3'rd Quarter Report

Both sales volume, as well as prices, showed increases in the third quarter of 2019 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

Florida Townhouses and Condos 2019 3’rd Quarter Report

Florida Single Family Homes 2019 3’rd Quarter Report

11.12.19 by

Florida Single Family Homes 2019 3’rd Quarter Report

Click the image below to view the full details of the 2019 3’rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2019 3'rd Quarter Report

For the third quarter of 2019 for Florida single-family homes continues to show improved activity when compared to last year.  Both sales and prices had improved results.

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 single-family homes quarterly market reports

Florida Townhouses and Condos September 2019 Market Report

11.01.19 by

Florida Townhouses and Condos September 2019 Market Report

For September 2019, Florida Townhouses and Condos had mixed sales results when compared to last September.  Closed sales were up by 6.1% as compared to last month’s decrease of 2.9%.  New sales under contract (new pending sales) decreased by 0.4% (In August there was a 1.4% decrease).

Prices, though, were up for September.  The median sales price was up by 5.8% (was up by 2.7% in August), while the average sales price increased by 1.3% (was up 3.1% in August).

The inventory of active listings decreased by 0.6% from September of last year.  We now have 5.3 months of inventory which is the same as the 5.3 months for September 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos September 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors:

Click here to view or 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.

Florida Townhouses and Condos September 2019 Market Report

Florida Single Family Homes September 2019 Market Report

10.30.19 by

Florida Single Family Homes September 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year.  The closed sales were up by 11.5% (were up by 3.2% in August) and new sales under contract (new pending sales) were up by 4.5% (were up by 1.3% in August).

Prices were also up for September.  The median sales price rose by 5.3% (it was up by 4.2% in August) and the average sales price was up by 4.9% (it was up by 3.2% last month).

The inventory of available homes for sale decreased by 5.7% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (September 2018 also had a 3.6 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes September 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes September 2019 Market Report

Click here to view the previous Florida 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.