Martin County Single Family Homes April 2019 Market Report

The Martin County Single Family Homes April 2019 Market Report

had quite a strong April after a few weaker months to start the year.  Closed sales were up by 13.7% (were down by 13.4% in March).  While new pending sales increased by 3.0% as compared to April 2018 (Decreased by 2.3% in March).

Prices were lower for April.  The median sales price was down by 1.4% from last year (up by 0.9% in March) while the average sales price decreased by 14.5% (was up by 0.4% last month).

The inventory of available single-family homes decreased from last month by 2 homes to 1104 units for April,  this is 5.6% less inventory than last April.  The current supply of homes is 5.6 months.  For April of last year, it was a 4.9 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes April 2019 Market Report

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 2019 Market Report