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St Lucie County Townhouses and Condos December 2021 Market Report

01.26.22 by

St Lucie County Townhouses and Condos December 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last December. The unprecedented low inventory is the primary factor for these results. Closed sales were down by 20.3% from last year (were down by 20.5% in November). New pending sales were down by 19.8% for December (they were down by 24.3% last month).

Prices continued to rise in December. The median price increased by 5.5% from last year (was down by 4.0% in November) and the average sales price increased by 21.7% (was up by 7.5% in November).

The inventory of available townhouses and condos decreased by 23 units from last month to 146 residences. This is 54.2% less inventory than we had in December 2020. The current inventory supply is 1.1 months, as compared to 2.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2021 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos December 2021 Market Report

Martin County Townhouses and Condos December 2021 Market Report

01.24.22 by

Martin County Townhouses and Condos December 2021 Market Report

The Martin County Townhouses and Condos had slightly weaker sales volume compared to last December. Mostly because of the low inventory of available homes. Closed sales for the month were down by 1.7%.  They were down by 29.6% in November.  New sales under contract (new pending sales) were up by 1.1% from last year.  They were down by 11.9% in November.

Prices also continued to rise for December.  The median sales price increased by 28.0% (was up by 4.3% last month). While the average sales price increased by 14.1% (was up by 38.5% in November).

The inventory of available townhouses and condos decreased by 8 units to 143 properties.  This is a 73.4% smaller supply of inventory than we had in December 2020.  Currently, there’s a 0.7 months supply of inventory (compared to 2.9 months for December 2020).  We remain in a very extreme seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos December 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos December 2021 Market Report

St Lucie County Townhouses and Condos November 2021 Market Report

12.29.21 by

St Lucie County Townhouses and Condos November 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last November. The low inventory is the primary factor for these results. Closed sales were down by 20.5% from last year (were down by 38.9% in October). New pending sales were down by 24.3% for November (they were down by 24.4% last month).

Prices were mixed for November. The median price decreased by 4.0% from last year (was up by 29.1% in October) and the average sales price increased by 7.5% (was up by 34.2% in October).

The inventory of available townhouses and condos decreased by 11 units from last month to 169 residences. This is 53.3% less inventory than we had in November 2020. The current inventory supply is 1.2 months, as compared to 3.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos November 2021 Market Report

Martin County Townhouses and Condos November 2021 Market Report

12.27.21 by

Martin County Townhouses and Condos November 2021 Market Report

The Martin County Townhouses and Condos had weaker sales activity than last November. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales for the month were down by 29.6%.  They were down by 18.4% in October.  New sales under contract (new pending sales) were down by 11.9% from last year.  They were down by 12.8% in October.

Prices, however, continued to rise for November.  The median sales price increased by 4.3% (was up by 16.5% last month). While the average sales price increased by 38.5% (was up by 15.3% in October).

The inventory of available townhouses and condos increased by 46 units to 151 properties.  This is a 47.8% smaller supply of inventory than we had in November 2020.  Currently, there’s a 1.3 months supply of inventory (compared to 3.0 months for November 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos November 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos November 2021 Market Report

St Lucie County Townhouses and Condos October 2021 Market Report

11.28.21 by

St Lucie County Townhouses and Condos October 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity than last October. Mostly because of the extremely low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 38.9% from last year (were down by 26.9% in September). New pending sales were down by 24.4% for October (they were down by 35.6% last month).

Prices, once again, rose in October. The median price increased by 29.6% from last year (was up by 20.5% in September) and the average sales price increased by 23.0% (was up by 23.5% in September).

The inventory of available townhouses and condos increased by 5 units from last month to 180 residences. This is 50.3% less inventory than we had in October 2020. The current inventory supply is 1.3 months, as compared to 3.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos October 2021 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos October 2021 Market Report

Martin County Townhouses and Condos October 2021 Market Report

11.26.21 by

Martin County Townhouses and Condos October 2021 Market Report

The Martin County Townhouses and Condos had weaker sales activity than last October. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales for the month were down by 18.4%.  They were down by 2.5% in September.  New sales under contract (new pending sales) were down by 12.8% from last year.  They were down by 17.0% in September.

Prices, however, continued to rise in October.  The median sales price increased by 16.5% (was up by 21.3% last month). While the average sales price increased by 15.3% (was up by 35.3% in September).

The inventory of available townhouses and condos decreased by 12 units to 105 properties.  This is a 63.3% smaller supply of inventory than we had in October 2020.  Currently, there’s a 0.9 months supply of inventory (compared to 3.0 months for October 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos October 2021 Market Report

St Lucie County Townhouses and Condos September 2021 Market Report

10.29.21 by

St Lucie County Townhouses and Condos September 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 26.9% from last year (were down by 16.9% in August). New pending sales were down by 35.6% for September (they were down by 16.2% last month).

Prices, however, rose in September. The median price increased by 20.5% from last year (was up by 11.0% in August) and the average sales price increased by 23.5% (was down by 0.3% in August).

The inventory of available townhouses and condos increased by 1 unit from last month to 175 residences. This is 54.8% less inventory than we had in September 2020. The current inventory supply is 1.2 months, as compared to 4.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2021 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos September 2021 Market Report

Hutchinson House October 2021 Market Report

10.28.21 by

Hutchinson House October 2021 Market Report

For October 2021, there are no condos available for sale in Hutchinson House on Hutchinson Island in Stuart FL. 

There are also no condos currently under contract.

8 condos have sold in the past 12 months in Hutchinson House.  Sales prices ranged from $310,000 up to $521,504. This works out to an average sales price of $389,813 which equals $315.19 per sq. ft. of living area.  These condos sold for an average of 97% of the list price and averaged 21 days on market prior to going under contract.

Click here to view previous Hutchinson House market reports.

About the Hutchinson House Condos in Stuart Florida:

Hutchinson House on Hutchinson Island in Stuart Florida
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Hutchinson House condos for sale:

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the Hutchinson House Condo complex is an ocean to Intracoastal complex with a variety of styles and views offering wonderful amenities that include ocean access docks, clubhouse, pools, spa/Jacuzzi, tennis and a private beach.

Hutchinson House consists of 121 Condos. The Ocean Side is Hutchinson House East and the riverside is called Hutchinson House West.  Both sides offer 2 and 3 bedroom condos with 2 or more bathrooms.  Many with spectacular views of the river and the crystal clear blue waters of the Atlantic Ocean.

Recently sold Hutchinson House condos:

This development is one of the few condo developments that are pet-friendly and allows for up to 2 large pets.  For currently available Hutchinson House condos please call or view the search link below.

Hutchinson House on Hutchinson Island in Stuart Florida
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Search for Hutchinson House Condos for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Hutchinson House October 2021 Market Report

Martin County Townhouses and Condos September 2021 Market Report

10.27.21 by

Martin County Townhouses and Condos September 2021 Market Report

The Martin County Townhouses and Condos had weaker sales activity than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales for the month were down by 2.5%.  They were down by 2.8% in August.  New sales under contract (new pending sales) were down by 17.0% from last year.  They were up by 6.6% in August.

Prices, however, continued to rise in September.  The median sales price increased by 21.3% (was up by 14.0% last month). While the average sales price increased by 35.3% (was up by 31.4% in August).

The inventory of available townhouses and condos decreased by 18 units to 117 properties.  This is a 60.9% smaller supply of inventory than we had in September 2020.  Currently, there’s a 1.0 month supply of inventory (compared to 3.3 months for September 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos September 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos September 2021 Market Report

St Lucie County Townhouses and Condos August 2021 Market Report

09.29.21 by

St Lucie County Townhouses and Condos August 2021 Market Report

The St Lucie County Townhouses and Condos market for August 2021 showed fewer closed and new pending sales when compared to last year. This is most likely a result of the historically low inventory of properties available for sale. There appear to be many buyers but not enough available or affordable listings. Closed sales were down by 16.9% from last year (were up by 5.1% in July). New pending sales were down by 16.2% for August (they were down by 19.5% last month).

Prices were down for August.  This is the first month of decreasing prices in quite some time. The median price decreased by 11.0% from last year (was down by 3.9% in July) and the average sales price decreased by 0.3% (was up by 22.8% in July).

The inventory of available townhouses and condos increased by 36 units from last month to 174 residences. This is 56.7% less inventory than we had in August 2020. The current inventory supply is 1.2 months, as compared to 4.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2021 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos August 2021 Market Report

Martin County Townhouses and Condos August 2021 Market Report

09.27.21 by

Martin County Townhouses and Condos August 2021 Market Report

The Martin County Townhouses and Condos showed less closed sales when compared to last year. New pending sales, however, did show a small improvement. Currently, the inventory is very low and prices are quite high making this a difficult market. Closed sales for the month were down by 2.8%.  They were up by 8.9% in July.  New sales under contract (new pending sales) were up by 6.6% from last year.  They were down by 25.0% in July.

Prices continued to rise in August.  The median sales price increased by 14.0% (was up by 17.8% last month). While the average sales price increased by 31.4% (was up by 26.9% in July).

The inventory of available townhouses and condos increased by 4 units to 135 properties.  This is a 57.5% smaller supply of inventory than we had in August 2020.  Currently, there’s a 1.1 months supply of inventory (compared to 3.6 months for August 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos August 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos August 2021 Market Report

St Lucie County Townhouses and Condos July 2021 Market Report

08.30.21 by

St Lucie County Townhouses and Condos July 2021 Market Report

The St Lucie County Townhouses and Condos market for July 2021 showed fewer closed and new pending sales when compared to last year. This is most likely a result of the historically low inventory of properties available for sale. There appear to be many buyers but not enough available listings. Closed sales were down by 5.1% from last year (were up by 117.9% in June). New pending sales were down by 19.5% for July (they were down by 35.4% last month).

Prices were mixed for July.  The median price decreased by 3.9% from last year (was up by 27.6% in June) while the average sales price increased by 22.8% (was up by 40.3% in June).

The inventory of available townhouses and condos decreased by 80 units from last month to 138 residences. This is 70.3% less inventory than we had in July 2020. The current inventory supply is 0.9 months, as compared to 5.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2021 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos July 2021 Market Report

Martin County Townhouses and Condos July 2021 Market Report

08.26.21 by

Martin County Townhouses and Condos July 2021 Market Report

The Martin County Townhouses and Condos showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales for the month were up by 8.9%.  They were up by 39.6% in June.  New sales under contract (new pending sales) were down by 25.0% from last year.  They were down by 26.2% in June.

Prices continued to rise in July.  The median sales price increased by 17.8% (was up by 18.8% last month). While the average sales price increased by 26.9% (was up by 26.5% in June ).

The inventory of available townhouses and condos decreased by 36 units to 131 properties.  This is a 64.0% smaller supply of inventory than we had in July 2020.  Currently, there’s a 1.1 months supply of inventory (compared to 4.2 months for July 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos July 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos July 2021 Market Report

St Lucie County Townhouses and Condos June 2021 Market Report

07.29.21 by

St Lucie County Townhouses and Condos June 2021 Market Report

The St Lucie County Townhouses and Condos market for June 2021 showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 117.9% from last year (were up by 201.6% in May). New pending sales were down by 35.4% for June (they were up by 17.5% last month).

Prices continued to rise in June.  The median price increased by 27.6% from last year (was up by 9.4% in May) while the average sales price increased by 40.3% (was up by 7.1% in May).

The inventory of available townhouses and condos decreased by 6 units from last month to 218 residences. This is 55.4% less inventory than we had in June 2020. The current inventory supply is 1.5 months, as compared to 5.6 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos June 2021 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos June 2021 Market Report

Martin County Townhouses and Condos June 2021 Market Report

07.27.21 by

Martin County Townhouses and Condos June 2021 Market Report

The Martin County Townhouses and Condos showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales for the month were up by 39.6%.  They were up by 98.6% in May.  New sales under contract (new pending sales) were down by 26.2% from last year.  They were up by 6.1% in May.

Prices continued to rise in June.  The median sales price increased by 18.8% (was up by 31.9% last month). While the average sales price increased by 26.5% (was up by 18.9% in May).

The inventory of available townhouses and condos decreased by 5 units to 167 properties.  This is a 55.7% smaller supply of inventory than we had in June 2020.  Currently, there’s a 1.4 months supply of inventory (compared to 4.4 months for June 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos June 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos June 2021 Market Report

St Lucie County Townhouses and Condos May 2021 Market Report

06.29.21 by

St Lucie County Townhouses and Condos May 2021 Market Report

The St Lucie County Townhouses and Condos market for May 2021 continues to show strong closed sales activity. New pending sales also increased. But, a reduced rate indicating a future decrease in closed sales because of the very low inventory of available properties for sale. Closed sales were up by 201.6% from last year (were up by 156.1% in April). New pending sales were up by 17.5% for May (they were up by 179.6% last month).

The May prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in April) while the average sales price increased by 7.1% (was up by 32.3% in April).

The inventory of available townhouses and condos decreased by 4 units from last month to 226 residences. This is 61.8% less inventory than we had in May 2020. The current inventory supply is 1.6 months, as compared to 6.6 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos May 2021 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos May 2021 Market Report

Martin County Townhouses and Condos May 2021 Market Report

06.25.21 by

Martin County Townhouses and Condos May 2021 Market Report

The Martin County Townhouses and Condos showed strong sales activity when compared to last year. Closed sales for the month were up by 98.6%.  They were up by 87.5% in April.  New sales under contract (new pending sales) were up by 6.1% from last year.  They were up by 125.8% in April.

Prices were also up for May.  The median sales price increased by 31.9% (was up by 16.5% last month). While the average sales price increased by 18.9% (was up by 36.0% in April).

The inventory of available townhouses and condos decreased by 32 units to 172properties.  This is a 59.5% smaller inventory than we had in May 2020.  Currently, there’s a 1.5 months supply of inventory (compared to 4.9 months for May 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos May 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos May 2021 Market Report

St Lucie County Townhouses and Condos April 2021 Market Report

05.28.21 by

St Lucie County Townhouses and Condos April 2021 Market Report

The St Lucie County Townhouses and Condos market for April 2021 continues to show very strong activity when compared to April of 2020. Closed sales were up by 156.1% from last year (were up by 61.9% in March). New pending sales were up by 179.6% for April (they were up by 166.7% last month).

The April prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in March) while the average sales price increased by 7.1% (was up by 32.3% in March).

The inventory of available townhouses and condos decreased by 6 units from last month to 230 residences. This is 61.0% less inventory than we had in April 2020. The current inventory supply is 1.8 months, as compared to 6.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos April 2021 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos April 2021 Market Report

Martin County Townhouses and Condos April 2021 Market Report

05.26.21 by

Martin County Townhouses and Condos April 2021 Market Report

The Martin County Townhouses and Condos market resulted in very strong activity when compared to last year. Closed sales for the month were up by 87.5%.  They were up by 12.6% in March.  New sales under contract (new pending sales) were up by 125.8% from last year.  They were up by 95.5% in March.

Prices were also up for April.  The median sales price increased by 16.5% (was up by 22.0% last month). While the average sales price increased by 36.0% (was up by 18.5% in March).

The inventory of available townhouses and condos decreased by 7 units to 204 properties.  This is a 51.2% smaller inventory than we had in April 2020.  Currently, there’s a 1.9 months supply of inventory (compared to 4.6 months for April 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos April 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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.

Martin County Townhouses and Condos April 2021 Market Report

St Lucie County Townhouses and Condos March 2021 Market Report

04.29.21 by

St Lucie County Townhouses and Condos March 2021 Market Report

The St Lucie County Townhouses and Condos market for March 2021 continues to show strong activity when compared to March of 2020. Closed sales were up by 61.9% from last year (were up by 17.4% in February). New pending sales were up by 166.7% for March (they were up by 61.9% last month).

The March prices were also up.  The median price increased by 32.7% from last year (was up by 32.1% in February) while the average sales price increased by 32.3% (was up by 12.8% in February).

The inventory of available townhouses and condos decreased by 46 units from last month to 236 residences. This is 61.8% less inventory than we had in March 2020. The current inventory supply is 2.0 months, as compared to 6.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos March 2021 Market Report

 

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View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Townhouses and Condos March 2021 Market Report