Martin County Single Family Homes June 2019 Market Report
The Martin County Single Family Homes June 2019 Market Report showed weaker sales activity when compared to last June. Closed sales were down by 7.1% (were up by 1.1% in May). While new pending sales decreased by 2.4% as compared to June 2018 (they increased by 1.8% in May).
Prices were mixed for June. The median sales price was up by 4.9% from last year (up by 3.8% in May) while the average sales price decreased by 3.9% (was down by 0.2% last month).
The inventory of available single-family homes decreased from last month by 70 homes to 1001 units for June, this is an 11.6% greater inventory than last June. The current supply of homes is 5.1 months. For June of last year, it was a 4.5 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 one with a 6 to 7 month supply of inventory.
Click here to view or download the full report:
Martin County Single Family Homes June 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.
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