November 2014 Monthly Market Detail Martin County Townhouses and Condos
November 2014 Monthly Market Detail Martin County Townhouses and Condos showed some decreasing volume of sales. Year to year closed sales were down by 1.8% (was up by 14% in October) as well as new sales under contract (new pending sales) decreased by 0.9% from November 2013 (was up by 36.6% in October).
The median sales price was up by 15.8% (was up by 49.8% in October) while the average sales price rose by 7% (was up by 43.5% in October) as compared to November of 2013. Still very strong price gains, though not as much as the exceptional report from last month.
The inventory of available townhouses and condos has increased by 3 units to 490 properties from last month which is 23.6% less inventory than was available in November of 2013. This represents a 4.7 month supply of inventory (a 23.9% decrease from last year). A sellers market for townhouses and condos in Martin County for November 2014.
Click here to view or download the full report: November 2014 Monthly Market Detail Martin County Townhouses and Condos
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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