Martin County Single Family Homes December 2021 Market Report
The Martin County Single Family Homes Market Report showed weaker activity than last December. Mostly because of the unprecedented lack of inventory of available homes. Closed sales were down by 19.8% from last year (were down by 19.5% in November). While new pending sales decreased by 11.8% as compared to last year (decreased by 28.9% last month).
Prices were up sharply for December. The median sales price increased from last year by 42.4% (it was up by 28.0% in November) while the average sales price increased by 54.1% (up by 10.0% last month).
The inventory of available single-family homes decreased by 56 homes from last month to only 175 homes. This is 64.3% less inventory than last December. The current supply of homes is only 0.8 months. For December of last year, it was a 2.2 months supply. We remain in an extreme seller’s market for Martin County single-family home sales. A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.
Click here to view the previous Martin County single-family homes market reports
- St Lucie County Townhouses and Condos August 2024 Market Report
- St Lucie County Single Family Homes August 2024 Market Report
- Martin County Townhouses and Condos August 2024 Market Report
- Martin County Single Family Homes August 2024 Market Report
- St. Lucie County Townhouses and Condos 2024 2nd Quarter Report
- St. Lucie County Single Family Homes 2024 2nd Quarter 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.
campagna
Martin County Single Family Homes December 2021 Market Report