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St Lucie County Townhouses and Condos November 2016 Market Detail

St Lucie County Townhouses and Condos November 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for November 2016 had weaker sales activity as compared to last November.  Closed sales were down by 12.8% from last year (was down 16.2% in October) while new pending sales decreased by 7.8% (was down by 33.3% in October).

Price changes were mixed for November with the median price up by 0.8% (was up by 11.9% in October) while the average sales price decreased by 11% (was up by 13.4% in October).  I’ve been expecting prices to moderate for some time as the inventory continues to increase and sales volume does not keep up.

The inventory of available townhouses and condos increased by 23 units from last month to 553 units, which is 4.3% greater than November 2015. The current supply of units is 5.7 months, which is 11.8% higher than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market though it is getting closed to being balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos November 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos November 2016 Market Detail

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 2016 Market Detail

St Lucie County Townhouses and Condos October 2016 Market Detail

St Lucie County Townhouses and Condos October 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for October 2016 resulted in slightly weaker sales activity as compared to last October.  Closed sales were down by 16.2% from last year (was unchanged in September) while new pending sales decreased by 33.3% (was down by 5.1% in September).

Prices continue to increase quite strongly with the median price up by 11.9% (was up by 6.5% in September) while the average sales price increased by 13.4% (was up by 5.9% in September).  I don’t expect these price increases to be quite so strong in future months if sales activity continues to slow.

The inventory of available townhouses and condos increased by 23 units from last month to 530 units, which is 1.5% greater than October 2015. The current supply of units is 5.4 months, which is 5.9% higher than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos October 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos October 2016 Market Detail

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 2016 Market Detail

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The September 2016 Monthly Market Detail St Lucie County Townhouses and Condos picked up a little from last month and remains quite strong.  Closed sales were unchanged from last year (was down 3.8% in August) while new pending sales decreased by 5.1% (was down by 2.9% in August).

Prices continue to increase, though at a more moderate pace than in past months, with the median price up by 6.5% (was up by 23.0% in August) while the average sales price increased by 5.9% (was up by 10.8% in August).  These increases are much more in line with continued moderate gains for year to year in the future.

The inventory of available townhouses and condos decreased by 19 units from last month to 507 units, which is 6.3% less than September 2015. The current supply of units is 5.1 months, which is 3.8% lower than the 5.3 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
September 2016 Monthly Market Detail St Lucie 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.

September 2016 Monthly Market Detail St Lucie County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Townhouses and Condos had reduced sales volume and prices for September as compared to last year, yet still remains a very active market.  Closed sales were down for the month, decreased by 3.2% (was up by 4.8% in August) while new sales under contract (new pending sales) were down by 16.8% from September 2014 (decreased by 8.7% in August).

Prices were mixed for September as the median sales price increased by 6.5% (was down by 9.3% in August) while the average sales price decreased by 4.0% (was down by 8.2% in August) as compared to September of 2015.  Typically this split indicates a greater number of sales in the lower priced ranges and slower movement in the higher priced segments.

The inventory of available townhouses and condos decreased by 13 units to 364 properties as compared to last month.  This is 11.3% greater than the September 2015 inventory.  Currently, there’s a 3.7 month supply of inventory (an 11.3% increase from last year).  Still a strong sellers market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

September 2016 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
September 2016 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.

September 2016 Monthly Market Detail Martin County Townhouses and Condos

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The August 2016 Monthly Market Detail St Lucie County Townhouses and Condos picked up a little from last month and remains active.  Closed sales were down 3.8% from last year (was down 22.6% in July) while new pending sales decreased by 2.9% (was down by 2.6% in July).

Prices on the other hand went back to increasing after last month with the median price up by 23.0% (was down by 18.8 in July) while the average sales price increased by 10.8% (decreased 1.7% in July).  These increases were unexpected as I don’t expect prices to rise quite this fast year to year in the future.  Though, I also don’t expect them to decline anytime soon either.

The inventory of available townhouses and condos increased by 17 units from last month to 526 units, which is only 1.7% less than August 2015. The current supply of inventory is 5.3 months, which is just a little more than the 5.2 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
August 2016 Monthly Market Detail St Lucie 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.

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

July 2016 Monthly Market Detail St Lucie County Townhouses and Condos

July 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The July 2016 Monthly Market Detail St Lucie County Townhouses and Condos had slower closed and pending activity when compared to last year.  Closed sales were down 22.6% from last year (was up 5.7% in June) while new pending sales decreased by 2.6% (was down by 14.8% in June).

Prices also took a hit for July with the median sales price decreasing by 18.8% (was up by 23.6 in June) while the average sales price decreased by 1.7% (decreased 1.4% in June).  I don’t expect prices to decrease very much but, the previous rate of increases were unsustainable.

The inventory of available townhouses and condos decreased by 57 units from last month to 509 units, which is only 7.8% less than July 2015. The current supply of inventory dropped to 5.1 months, which is less than the 5.4 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

July 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
July 2016 Monthly Market Detail St Lucie 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.

July 2016 Monthly Market Detail St Lucie County Townhouses and Condos

June 2016 Monthly Market Detail St Lucie County Townhouses and Condos

June 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The June 2016 Monthly Market Detail St Lucie County Townhouses and Condos showed continued strong closed sales activity.  Closed sales were up 5.7% from last year (was up 19.0% in May) while new pending sales unfortunately decreased  by 14.8% (was up by 13.6% in May).

Prices continued to rise with the median sales price increasing by 23.6% (was up by 3.6% in May) while the average sales price increased by 1.4% (decreased 2.9% in May).  St Lucie County townhouses and condos are showing a very sustainable slow increase in prices for the past few months.

The inventory of available townhouses and condos decreased by 39 units from last month to 566 units, which is only 0.2% greater than June 2015. The current supply of inventory dropped to 5.6 months, which is equal to last year.  The St Lucie County townhouses and condos has once again swung back into a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

June 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
June 2016 Monthly Market Detail St Lucie 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.

June 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Hot Property: How to host a Stuart FL summer open house

Hot Property: How to host a Stuart FL summer open house

open-house

Summer, the most beautiful and most anticipated season of the year, has arrived! Surely this radiant, festive season is the perfect time to host a real estate open house in Stuart FL. Right? Right?

Well the fact is that, during the hottest months of the year, some folks actually prefer a ‘closed house’ to an open one. More specifically, they might prefer to stay home in the air conditioning, where it is nice and cool; or go to an indoor activity where they are guaranteed to be both comfortable and entertained, like a movie or a restaurant.

So how exactly do you draw people out into the hot weather elements to come see your ‘hot property’—most literally? Well here are a few suggestions that will render your summertime open house events the ‘hottest’—and, in a weird sort of way, also the coolest—happenings of the season.

1. Crank up the ac. Be certain that the air conditioning is activated and fully operational at your open house event, at all times. Guests will be more likely to linger in and look around a home that is temperate and comfortable at all times.

2. Crank up the fans. In rooms that may be difficult to cool, such as patios and garages, you may wish to activate ceiling fans or facilitate the placement of standalone fans that will serve to cool the area. Again, guests are more likely to spend time in areas that are cool and comfortable.

3. Offer cold drinks. Now we are by no means suggesting that you break out a keg and keep the cold beer flowing all throughout the day; remember that guests may very well be bringing their children to the open house, and will be driving home afterwards! It might be a good idea, though, to offer chilly liquid refreshments such as sparkly and flavored bottled waters, iced teas, punches, etc., to fortify—not to mention cool off—thirsty home buyers.

4. Offer tasty summertime snacks. Guests might really enjoy and appreciate a serving of sumptuous ice cream, a tangy popsicle or ice cream bar, fun sno-cones, etc. Aside from cooling off hot home buyers, the serving of these treats will greatly add to the party atmosphere of your open house.

5. Offer novelty hand fans as souvenirs to guests. And if these festive fans just happen to be inscribed with the address and contact number of your open house, then all the better!

open house

Hot Property: How to host a Stuart FL summer open house

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The May 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a surprisingly strong may after a number of not so stellar months earlier.  Closed sales were up 19.0% from last year (was up 2.9% in April) while new pending sales increased by 13.6% (was down by 8.5% in April).

Prices were mixed with the median sales price increasing by 3.6% (was up by 10.0% in April) while the average sales price decreased by 2.9% (increased 4.7% in April).  St Lucie County townhouses and condos are showing a very sustainable slow increase in prices for the past few months.

The inventory of available townhouses and condos decreased by 37 units from last month to 605 units, which is 4.1% greater than May 2015. The current supply of inventory dropped to 6.0 months, which is 5.3% greater than last year.  The St Lucie County townhouses and condos market remains a balanced market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
May 2016 Monthly Market Detail St Lucie 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.

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The April 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a small increase in closed sales volume as compared to last year but a decrease in new pending sales.  Closed sales were up 2.9% from last year (was down 23.1% in March) while new pending sales decreased by 8.5% (was down by 7.5% in March).

The median sales price increased by 10.0% (was up by 9.2% in March) while the average sales price was up by 4.7% (decreased 2.8% in March).  This segment of the St Lucie real estate market has seen some price reductions in previous months.  Now, it’s back on the upward trend.

The inventory of available townhouses and condos decreased by 13 units from last month to 642 units, which is 8.1% greater than April 2015. The current supply of inventory dropped by a tenth of one percent to  6.5 months, which is 14.0% greater than last year.  The St Lucie County townhouses and condos market remains in basically a balanced market and leaning towards going into a buyers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
April 2016 Monthly Market Detail St Lucie 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.

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The March 2016 Monthly Market Detail St Lucie County Townhouses and Condos shows reduced activity from March of last year.  Closed sales were down 23.1% from last year (was down 22.3% in February) while new sales under contract (new pending sales) decreased by 7.5% (was down by 24.1% in February).

The median sales price increased by 9.2% (was down by 10.4% in February) while the average sales price was down by 2.8% (decreased 7.2% in February).  This is the first month in 2016 with some increase in prices for this segment of the St Lucie County real estate market.

The inventory of available townhouses and condos decreased by 12 units from last month to 655 units, which is 3.1% greater than March 2015. The current supply of inventory remained unchanged from last month at  6.6 months, which is 6.5% greater than last year.  The St Lucie County townhouses and condos market remains in basically a balanced market and leaning towards going into a buyers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
March 2016 Monthly Market Detail St Lucie 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.

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Hutchinson House April 2016 Market Report

 Hutchinson House April 2016 Market Report

Hutchinson House Condos for Sale and Sold ReportAs of April 2016, there is only one condo on the market in Hutchinson House on Hutchinson Island in Stuart FL.  This condo is listed for $299,900 or $236.33 per sq. ft. of living area.

There are five condos under contract in Hutchinson House which have not yet closed.  Listing prices ranged from $220,500 to $349,900 for an average list price of $271,820 or $191.19 per sq. ft. of living area.  These condos averaged 85 days on market prior to accepting these offers.

Four condos have sold in the past 12 months in Hutchinson House.  Sales prices ranged from $210,000 to $320,100 for an average of $262,525 or $199.40 per sq. ft. of living area.  These condos sold for 92% of the lst list price and averaged 107 days on market prior to going under contract.Hutchinson House Condos for Sale and Sold Report Hutchinson House Condos for Sale and Sold ReportLocated 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, club house, pools, spa/jacuzzi, tennis and a private beach.

Hutchinson House Condos for Sale and Sold ReportHutchinson House consists of 121 Condos, with the Ocean Side being Hutchinson House East and the river side 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.

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

 

 

 

 

 

 

February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The February 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a difficult second month of 2016 with reduced sales volume as well as property prices when compared to last year.  Closed sales were down 22.3% from last year (was down 4.9% in January) while new sales under contract (new pending sales) decreased by 24.1% (was down by 33.3% in January).

The median sales price decreased by 10.4% (up by 3.2% in January) while the average sales price was down by 7.2% (increased 10.0% in January). Not good news for sellers of townhouses and condos in St Lucie County.

The inventory of available townhouses and condos increased by 124 units from last month to 667 units, which is 2.5% greater than February 2015. The current supply of inventory increased to 6.6 months as compared to last month’s 5.9 months, which is still 4.8% more than last year.  The St Lucie County townhouses and condos market is now back into a buyers market for at least this month. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
February 2016 Monthly Market Detail St Lucie 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.

February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

East Lake Village Townhouse Under Contract

East Lake Village Townhouse Under Contract

East Lake Village in Port St Lucie

Beautiful 3 story town-house in East Lake Village in Port St Lucie, FL. There’s one bedroom and bathroom that could be the main bedroom on the first floor. The second floor has the kitchen, living room, dining room and a half bath, and the 3rd floor has two more bedrooms with bathrooms. Pool view looking out of two covered balconies. 2014 ac unit, 8 ft. ceilings. Two car garage. Community pool and children’s play area. A great location for shopping and restaurants.

East Lake Village in Port St Lucie East Lake Village in Port St Lucie

About East Lake Village in Port St. Lucie

Located East of US-1 and just to the North of Port St. Lucie Blvd., East Lake Village is a newer community of townhomes and single family homes of many different sizes and floorplans.  All of the homes are 2 story with the townhomes attached on at least one side to their neighbor.

East Lake Village in Port St Lucie East Lake Village in Port St Lucie

Sizes of these homes range from 4 bedroom, 3 and ½ bathroom homes with 2 car garages of over 2,300 sq. ft. of living area down to 2 bedroom, 2 and ½ bathroom townhomes with 1 car garage and 1,350 sq. ft. of living area.

East Lake Village in Port St Lucie East Lake Village in Port St Lucie

All ages are welcome in East Lake Village.  Pets are permitted with some restrictions depending on the section of interest.  For the single family homes, 2 large pets are permitted.  HOA fees range from $160 a month up to $210 per month, once again depending on the section where the home is located.

East Lake Village in Port St Lucie

Great location close to medical facilities, restaurants and shopping and only about 15 to 20 minutes to the crystal clear waters of the Atlantic Ocean in Jensen Beach FL.

East Lake Village Homes for Sale

For a more complete list of available East Lake Village homes and townhomes please sent us a note or call.

East Lake Village Townhouse Under Contract

January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The January 2016 Monthly Market Detail St Lucie County Townhouses and Condos continues to show strong activity but not quite as robust as compared to January of last year.  Closed sales were up 4.9% from last year (was down 2.8% in December) while new sales under contract (new pending sales) decreased by 33.3% (was up by 5.6% in December).

The median sales price increased by 3.2% (up by 0.9% in December) while the average sales price was up by 10.0% (decreased 9.9% in December).  Somewhat mixed signals for the first month of 2016 for prices for St Lucie County townhouses and condos.

The inventory of available townhouses and condos increased by 90 units from last month to 543 units, which is 8.8% less than January 2015. The current supply of inventory increased to 5.9 months as compared to last month’s 5.1 months, which is still 21.2% lower than last year.  The St Lucie County townhouses and condos market continues as a sellers’ market but just barely. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
January 2016 Monthly Market Detail St Lucie 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.

January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The December 2015 Monthly Market Detail St Lucie County Townhouses and Condos eased a bit from a quite strong November.  Closed sales were down 2.8% from last year (was up 26.1% in November) while new sales under contract (new pending sales) increased by 5.6% (was up by 39.0% in November).

The median sales price increased by 0.9% (up by 12.4% in November) while the average sales price was down by 9.9% (increased 3.2% in November).  Somewhat mixed signals for the final month of 2015 for prices for St Lucie County townhouses and condos.

The inventory of available townhouses and condos decreased by 19 units from last month to 543 units, which is 20.5% less than December 2014. The current supply of inventory decreased to 5.1 months as compared to last month’s 5.3 months, which is 21.2% lower than last year.  The St Lucie County townhouses and condos market continues as a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
December 2015 Monthly Market Detail St Lucie 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.

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2015 Monthly Market Detail St Lucie County Townhouses and Condos came back strong from a weak October.  Closed sales were up 26.1% from last year (was down 5.4% in October) while new sales under contract (new pending sales) increased by 39.0% (was up by 1.8% in October).

The median sales price increased by 12.4% (down 6.1% in October) while the average sales price was u[p by 3.2% (was unchanged in October).  After an off October, prices have once again resumed their climb.

The inventory of available townhouses and condos increased by 6 units from last month to 562 units, which is still down from last November by 16.7%. Current supply of inventory remained unchanged from last month’s 5.3 months. This is 19.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, though approaching a balanced one. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
November 2015 Monthly Market Detail St Lucie 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.

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The October 2015 Monthly Market Detail St Lucie County Townhouses and Condos had a decreased volume of closed sales.  These were down 5.4% from last year (was up 2.1% in September) while new sales under contract (new pending sales) increased by 1.8% (was down by 23.0% in September).

The median sales price decreased by 6.1% (down 5.4% in September) while the average sales price was unchanged (was up by 9.5% in September).  Prices have now stopped increasing and are correcting a bot from their previous values.

The inventory of available townhouses and condos decreased by 6 units from last month to 556 units, which is also down from last October by 16.3%. Current supply of inventory remained unchanged from last month’s 5.3 months. This is 16.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, though approaching a balanced one. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.  This market is one of the only Treasure Coast segments to see a drop in inventory for October.

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
October 2015 Monthly Market Detail St Lucie 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.

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The September 2015 Monthly Market Detail St Lucie County Townhouses and Condos continues to gain in some aspects though at a slower pace than the past few months.  Closed sales were up 2.1% from last year (was up 6% in August) while new sales under contract (new pending sales) decreased by 23.0% (was down by 13.3% in August).

The median sales price decreased by 5.4% (up 9.7% in August) while the average sales price increased by 9.5% (was up by 19.6% in August).  Still rising, though at a slightly slower rate of increase.

The inventory of available townhouses and condos increased by 8 units from last month to 562 properties, which is still down from last September by 11.1%. Current supply of inventory increased slightly to 5.3 months, from August’s 5.2 months. This is 12.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.  The shortage of inventory is hurting the sales volume and continues to impart strong upward pressure on prices.

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
September 2015 Monthly Market Detail St Lucie 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.

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The August 2015 Monthly Market Detail St Lucie County Townhouses and Condos continues to gain in some aspects though at a slower pace than the past few months.  Closed sales were up 6% from last year (was up 12.6% in July) while new sales under contract (new pending sales) decreased by 13.3% (was down by 3.3% in July).

The median sales price decreased by 9.7% (up 16.1% in July) while the average sales price increased by 19.6% (was up by 16.8% in July).

The inventory of available townhouses and condos decreased by 17 units from last month to 554 properties, which is also down from last August by 18.3%. Current supply of inventory decreased to 5.2 months, from July’s 5.4 months. This is 20% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.  The shortage of inventory is hurting the sales volume and continues to impart strong upward pressure on prices.

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
August 2015 Monthly Market Detail St Lucie 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.

August 2015 Monthly Market Detail St Lucie County Townhouses and Condos