Martin County Single Family Home Sales 2017 Yearly Review
The Martin County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors showed better activity when compared to 2016 for the Martin County single family housing market. Year to year closed sales was up by 2.7% (was down by 4.1% in 2016) and new sales under contract (new pending sales) decreased by 0.3% (was down by 8.1% in 2016).
Both median and average sales prices continued to rise (2016 to 2017) by 8.7% and 9.4% respectively. These values were 4.3% and 0.0% respectively in 2016.
The inventory of available homes for sale decreased by 7.3% from 2016. While the months supply of homes decreased to 4.5 months. Still a seller’s market. Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.
To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2017 Yearly Review
To view the complete 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.
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