Martin County Single Family Homes December 2017 Market Report
The Martin County Single Family Homes December 2017 Market Report had weaker closed sales for December but a very strong number of new pending sales. Closed sales were down by 7.2% (was up by 11.9% in November). While new pending sales increased by 23.1% as compared to December of 2016 (Decreased by 4.7% in November).
Prices were mixed with the median sales price up by 8.8% from last year (up by 13.1% in November) while the average price decreased by 0.6% (was down by 4.3% last month).
The inventory of available single family homes decreased from last month by 61 homes to 925 units for December, this is 7.1% less than last December. The current supply of homes is 4.5 months, for December of last year it was also 5.0 months supply. A strong 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.
Click here to view or download the full report:
Martin County Single Family Homes December 2017 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.
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