Martin County Single Family Homes January 2020 Market Report
The Martin County Single Family Homes Market Report had a another strong month of sales activity when compared to last year. Closed sales were up by 25.2% from last month (were up by 18.3% in December). While new pending sales increased by 23.4% as compared to December 2019 when they increased by 7.0%.
Prices were mixed for January. The median sales price was up by 12.9% from last year (it was down by 4.3% in December) while the average sales price decreased by 24.2% (it was down by 0.8% last month).
The inventory of available single-family homes increased from last month by 24 homes to 926 units for December. This is 18.1% less inventory than last December. The current supply of homes is 4.6 months. For January of last year, it was a 5.7 months supply. We remain in a seller’s market for Martin County single-family home sales. A balanced market favoring neither buyers or 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
Recent market reports:
- St. Lucie County Townhouses and Condos 2024 3rd Quarter Report
- St. Lucie County Single Family Homes 2024 3rd Quarter Report
- Martin County Townhouses and Condos 2024 3rd Quarter Report
- Martin County Single Family Homes 2024 3rd Quarter Report
- St Lucie County Townhouses and Condos September 2024 Market Report
- St Lucie County Single Family Homes September 2024 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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