Search Results for: Martin County townhouses and condos market report

Florida Townhouses and Condos October 2018 Market Report

12.07.18 by

Florida Townhouses and Condos October 2018 Market Report

The Florida Townhouses and Condos October 2018 Market Report remains active and surpassed last year’s activity levels.  Closed sales were up by 14.1% as compared to last month’s increase of 14.6% and new sales under contract (new pending sales) decreased by 0.8% (In September there was a 44.1% increase).

Prices, also, continued to rise for October though not as much as they were in the earlier months of the year.  Median sales prices were up by 5.9% (was up by 5.5% in September), while the average sales price increased by 8.0% (was up 7.6% in September).

The inventory of active listings increased by 5.4% from Octoberof last year.  For October 2018 we have 5.5 months of inventory as compared to 5.6 months for October 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos October 2018 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.

Florida Townhouses and Condos October 2018 Market Report

St Lucie County Townhouses and Condos September 2018 Market Report

11.08.18 by

St Lucie County Townhouses and Condos September 2018 Market Report

The St Lucie County Townhouses and Condos September 2018 Market Report had mixed sales activity when compared to last year but remains an active market.  Closed sales were down by 3.7% from last year (was up by 32.7% in August) while new pending sales were up by 5.3% for September (was down by 5.1% in August).

Prices took an unexpected large jump for the month.  The median price increased by 31.6% from last year (was down by 11.0% in August) while the average sales price increased by 38.6% (was up by 19.6% in August).

The inventory of available townhouses and condos increased by 13 units from last month to 506 units, which is 16.6% greater than September 2017. The current supply is 4.8 months, which is 6.7% more than the 4.5 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. 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 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos September 2018 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.

 

St Lucie County Townhouses and Condos September 2018 Market Report

Martin County Townhouses and Condos September 2018 Market Report

11.06.18 by

Martin County Townhouses and Condos September 2018 Market Report

Martin County Townhouses and Condos September 2018 Market Report showed weaker sales activity when compared to September of 2017.  Closed sales for the month were down by 24.1% (was down by 7.0% in August) while new sales under contract (new pending sales) were down by 7.8% from September 2017 (decreased by 16.5 in August).

Prices, however, continue to rise significantly.  The median sales price increased by 13.3% (was up by 27.5% in August) while the average sales price increased by 24.0% (was up by 34.8% in August) as compared to September of 2017.

The inventory of available townhouses and condos decreased by 20 units to 299 properties as compared to last month.  This is 14.8% less inventory then the September 2017 data.  Currently, there’s a 3.0 month supply of inventory (compared to 3.7 months for September 2017).  Remaining in a strong seller’s 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.

Martin County Townhouses and Condos September 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos September 2018 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.

Martin County Townhouses and Condos September 2018 Market Report

Florida Townhouses and Condos September 2018 Market Report

11.02.18 by

Florida Townhouses and Condos September 2018 Market Report

The Florida Townhouses and Condos September 2018 Market Report continues to proceed with stroger activity when compared to last year.  Closed sales were up by 14.6% as compared to last month’s increase of 6.6% and new sales under contract (new pending sales) increased by 44.1% (In August there was a 3.8% decrease).

Prices, also, continued to rise for September though at a slightly slower rate than in past months.  Median sales prices were up by 5.5% (was up by 8.8% in August), while the average sales price increased by 7.6% (was up 10.1% in August).

The inventory of active listings increased by 2.9% from September of last year.  For September 2018 we have 5.3 months of inventory (was also 5.3 months in August) and compared to 5.4 months for September 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos September 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos September 2018 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.

Florida Townhouses and Condos September 2018 Market Report

St Lucie County Townhouses and Condos August 2018 Market Report

10.10.18 by

St Lucie County Townhouses and Condos August 2018 Market Report

The St Lucie County Townhouses and Condos August 2018 Market Report showed better sales activity when compared to last year and remain as a very active market.  Closed sales were up by 32.7% from last year (was down by 13.5% in July) while new pending sales were down by 5.1% for August (was up by 1.8% in July).

Prices were mixed for the month.  The median price decreased by 11.0% from last year (was up by 20.9% in July) while the average sales price increased by 19.6% (was up by 5.3% in July).

The inventory of available townhouses and condos increased by 9 units from last month to 493 units, which is 11.8% greater than August 2017. The current supply is 4.7 months, which is 4.4% more than the 4.5 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. 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 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos August 2018 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.

 

St Lucie County Townhouses and Condos August 2018 Market Report

Martin County Townhouses and Condos August 2018 Market Report

10.08.18 by

Martin County Townhouses and Condos August 2018 Market Report

Martin County Townhouses and Condos August 2018 Market Report showed weaker sales activity when compared to August of 2017.  Closed sales for the month were down by 24.1% (was down by 7.0% in July) while new sales under contract (new pending sales) were down by 7.8% from August 2017 (decreased by 16.5 in July).

Prices, however, continue to rise significantly.  The median sales price increased by 13.3% (was up by 27.5% in July) while the average sales price increased by 24.0% (was up by 34.8% in July) as compared to August of 2017.

The inventory of available townhouses and condos decreased by 20 units to 299 properties as compared to last month.  This is 14.8% less inventory then the August 2017 data.  Currently, there’s a 3.0 month supply of inventory (compared to 3.7 months for August 2017).  Remaining in a strong seller’s 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.

Martin County Townhouses and Condos August 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos August 2018 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.

Martin County Townhouses and Condos August 2018 Market Report

Florida Townhouses and Condos August 2018 Market Report

10.04.18 by

Florida Townhouses and Condos August 2018 Market Report

The Florida Townhouses and Condos August 2018 Market Report remains in a strong market with better activity when compared to last year.  Closed sales were up by 6.6% as compared to last month’s increase of 8.5% and new sales under contract (new pending sales) decreased by 3.8% (In July there was a 1.8% increase).

Prices, also, continued to rise for August though at a slightly slower rate than in past months.  Median sales prices were up by 8.8% (was up by 5.3% in July), while the average sales price increased by 10.1% (was up 1.0% in July).

The inventory of active listings increased by 0.4% from August of last year.  For August 2018 we have 5.3 months of inventory (was also 5.3 months in July) and compared to 5.4 months for August 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos August 2018 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.

Florida Townhouses and Condos August 2018 Market Report

St Lucie County Townhouses and Condos July 2018 Market Report

09.13.18 by

St Lucie County Townhouses and Condos July 2018 Market Report

TheSt Lucie County Townhouses and Condos July 2018 Market Report showed better sales activity when compared to last year and remains as an active market.  Closed sales were up by 13.5% from last year (was down by 18.7% in June) while new pending sales were up by 1.8% for July (was down by 2.4% in June).

Prices, though, rose for the month.  The median price increased by 20.9% from last year (was down by 16.6% in June) while the average sales price increased by 5.3% (was down by 6.3% in June).

The inventory of available townhouses and condos decreased by 40 units from last month to 484 units, which is 3.0% less than July 2017. The current supply is 4.7 months, which is 7.8% less than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. 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 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos July 2018 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.

 

St Lucie County Townhouses and Condos July 2018 Market Report

Martin County Townhouses and Condos July 2018 Market Report

09.11.18 by

Martin County Townhouses and Condos July 2018 Market Report

Martin County Townhouses and Condos July 2018 Market Report showed weaker sales activity when compared to July of 2017.  Closed sales for the month were down by 7.0% (were up by 29.5% in June) while new sales under contract (new pending sales) were down by 16.5% from July 2017 (decreased by 15.9 in June).

Prices, however, rose significantly.  The median sales price increased by 27.5% (was up by 0.3% in June) while the average sales price increased by 34.8% (was down by 0.9% in June) as compared to July of 2017.

The inventory of available townhouses and condos decreased by 40 units to 319 properties as compared to last month.  This is 24.0% less inventory then the July 2017 data.  Currently, there’s a 3.1 month supply of inventory (compared to 4.5 months for July 2017).  Remaining in a strong seller’s 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.

Martin County Townhouses and Condos July 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos July 2018 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.

Martin County Townhouses and Condos July 2018 Market Report

Florida Townhouses and Condos July 2018 Market Report

09.07.18 by

Florida Townhouses and Condos July 2018 Market Report

The Florida Townhouses and Condos July 2018 Market Report remains in a strong market with better activity when compared to last year.  Closed sales were up by 8.5% as compared to last month’s increase of 1.2% and new sales under contract (new pending sales) increased by 1.8% (In June there was a 0.0% increase).

Prices, also, continued to rise for July though at a slightly slower rate than in past months.  Median sales prices were up by 5.3% (was up by 7.5% in June), while the average sales price increased by 1.0% (was up 9.6% in June).

The inventory of active listings decreased by 2.2% from July of last year.  For July 2018 we have 5.3 months of inventory (was 5.5 months in June) and compared to 5.6 months for July 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos July 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos July 2018 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.

Florida Townhouses and Condos July 2018 Market Report

Mariner Cay August 2018 Market Report

08.11.18 by

Mariner Cay August 2018 Market Report

There are 10 properties on the market in Mariner Cay in Stuart FL.  5 homes and 5 condos.  List prices range from $323,000 up to $2,595,000 for an average list price of $824,889 or $298.44 per sq. ft. of living area.

There are no homes or condos are under contract at this time.

In the past 12 months, 12 properties have sold in Mariner Cay: 7 condos and 5 homes.  Sales prices ranged from $190,000 up to $1,735,000 for an average sales price of $627,966 which works out to $250.34 per sq. ft. of living area.  These homes and condos averaged 123 days on market before going under contract and sold for an average of 94% of the last listed price.

About the Mariner Cay Community:

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment, and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing. Martin County is home to a long list of fishing tournaments, boating activities, and other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance from St. Lucie Inlet and the crossroads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60-mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

For instance, the marina offers:

  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to the marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.

With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Mariner Cay real estate Stuart FL

Search Mariner Cay Real Estate

Mariner Cay August 2018 Market Report

St Lucie County Townhouses and Condos June 2018 Market Report

08.08.18 by

St Lucie County Townhouses and Condos June 2018 Market Report

TheSt Lucie County Townhouses and Condos June 2018 Market Report showed weaker sales activity when compared to last year, but remains as an active market.  Closed sales were down by 18.7% from last year (was up by 10.2% in May) while new pending sales were down by 2.4% for June (was down by 14.6% in May).

Prices were also down from the same period last year.  The median price increased by 16.6% from last year (was up by 7.5% in May) while the average sales price decreased by 6.3% (was down by 1.4% in May).  After a long period of increasing prices, if this trend continues, this could be a signal for a change for this segment of the St. Lucie County real estate market.

The inventory of available townhouses and condos decreased by 7 units from last month to 524 units, which is 3.6% less than June 2017. The current supply is 5.2 months, which is 1.9% less than the 5.3 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. 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 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos June 2018 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.

 

St Lucie County Townhouses and Condos June 2018 Market Report

Martin County Townhouses and Condos June 2018 Market Report

08.06.18 by

Martin County Townhouses and Condos June 2018 Market Report

Martin County Townhouses and Condos June 2018 Market Report showed mixed sales activity when compared to June of 2017.  Closed sales for the month were up by 29.5% (were up by 13.0% in May) while new sales under contract (new pending sales) were down by 15.9% from June 2017 (increased by 20.8 in May).

Prices were mixed for this month with very little gain or loss.  The median sales price increased by 0.3% (was up by 6.3% in May) while the average sales price decreased by 0.9% (was up by 5.1% in May) as compared to June of 2017.

The inventory of available townhouses and condos decreased by 33 units to 359 properties as compared to last month.  This is 9.3% less inventory then the June 2017 data.  Currently, there’s a 3.5 month supply of inventory (compared to 4.3 months for June 2017).  Remaining in a strong seller’s 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.

Martin County Townhouses and Condos June 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos June 2018 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.

Martin County Townhouses and Condos June 2018 Market Report

Florida Townhouses and Condos June 2018 Market Report

08.02.18 by

Florida Townhouses and Condos June 2018 Market Report

The Florida Townhouses and Condos June 2018 Market Report remained a strong market with slightly better activity when compared to last year.  Closed sales were up by 1.2% as compared to last month’s increase of 4.1% and new sales under contract (new pending sales) increased by 0.0% (In May there was a 2.2% increase).

Prices, also, continued to risesignificantly for June.  Median sales prices were up by 7.5% (was up by 6.0% in May), while the average sales price increased by 9.6% (was up 7.9% in May).

The inventory of active listings decreased by 2.8% from June of last year.  For June 2018 we have 5.5 months of inventory (was 5.7 months in May) and compared to 5.8 months for June 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos June 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos June 2018 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.

Florida Townhouses and Condos June 2018 Market Report

St Lucie County Townhouses and Condos May 2018 Market Report

07.11.18 by

St Lucie County Townhouses and Condos May 2018 Market Report

The St Lucie County Townhouses and Condos May 2018 Market Report reported quite strong closed sales activity but some weakness with pending (or future) sales when compared to last year.  Closed sales were up by 10.2% from last year (was up by 2.4% in April) while new pending sales were down by 14.6% for May (was up by 14.5% in April).

Prices, however, were mixed from the same period last year.  The median price increased by 7.5% from last year (was down by 1.7% in April) while the average sales price decreased by 1.4% (was down by 2.9% in April).  This is the first month in quite some time with decreasing prices.

The inventory of available townhouses and condos decreased by 17 units from last month to 531 units, which is 1.0% less than May 2017. The current supply is 5.1 months, which is 8.9% less than the 5.6 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. 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 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos May 2018 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.

 

St Lucie County Townhouses and Condos May 2018 Market Report

Martin County Townhouses and Condos May 2018 Market Report

07.09.18 by

Martin County Townhouses and Condos May 2018 Market Report

Martin County Townhouses and Condos May 2018 Market Report showed stronger sales activity than we had last year.  Closed sales for the month were up by 13.0% (were down by 3.8% in April) while new sales under contract (new pending sales) were up by 20.8% from May 2017 (increased by 25.2 in April).

Prices continue to rise (though not as fast as last month, but faster than last year) as the median sales price increased by 6.3% (was up by 17.8% in April) while the average sales price increased by 5.1% (was up by 12.0% in April) as compared to May of 2017.

The inventory of available townhouses and condos decreased by 38 units to 392 properties as compared to last month.  This is 6.9% less inventory then the May 2017 data.  Currently, there’s a 3.9 month supply of inventory (compared to 4.5 months for May 2017).  Remaining in a strong seller’s 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.

Martin County Townhouses and Condos May 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos May 2018 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.

Martin County Townhouses and Condos May 2018 Market Report

Florida Townhouses and Condos May 2018 Market Report

07.05.18 by

Florida Townhouses and Condos May 2018 Market Report

The Florida Townhouses and Condos May 2018 Market Report continued with stronger market activity when compared to last year.  Closed sales were up by 4.1% as compared to last month’s increase of 9.2% and new sales under contract (new pending sales) increased by 2.2% (In April there was a 7.4% decrease).

Prices, also, continued their upward April for May.  Median sales prices were up by 6.0% (was up by 10.5% in April), while the average sales price increased by 7.9% (was up 9.6% in April).

The inventory of active listings decreased by 2.0% from May of last year.  For May 2018 we have 5.7 months of inventory (was 5.8 months in April) and compared to 6.0 months for May 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos May 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos May 2018 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.

Florida Townhouses and Condos May 2018 Market Report

St Lucie County Townhouses and Condos April 2018 Market Report

06.13.18 by

St Lucie County Townhouses and Condos April 2018 Market Report

The St Lucie County Townhouses and Condos April 2018 Market Report reported quite strong sales activity when compared to last year.  Closed sales were up by 2.4% from last year (was up by 9.3% in March) while new pending sales were up by 14.5% for April (was up by 12.8% in March).

Prices, however, were down from the same period last year.  The median price decreased by 1.7% from last year (was up by 11.0% in March) while the average sales price decreased by 2.9% (was up by 18.2% in March).  This is the first month in quite some time with decreasing prices.

The inventory of available townhouses and condos decreased by 27 units from last month to 548 units, which is 3.5% less than April 2017. The current supply is 5.3 months, which is 11.7% less than the 6.0 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. 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 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos April 2018 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.

 

St Lucie County Townhouses and Condos April 2018 Market Report

Martin County Townhouses and Condos April 2018 Market Report

06.11.18 by

Martin County Townhouses and Condos April 2018 Market Report

Martin County Townhouses and Condos April 2018 Market Report showed mixed sales activity when compared to last year.  Closed sales for the month were down by 3.8% (were up by 6.8% in March) while new sales under contract (new pending sales) were up by 25.2% from April 2017 (decreased by 16.1 in March).

Prices continue to rise as the median sales price increased by 17.8% (was up by 3.3% in March) while the average sales price increased by 12.0% (was up by 14.0% in March) as compared to April of 2017.

The inventory of available townhouses and condos decreased by 15 units to 430 properties as compared to last month.  This is 0.5% lower inventory then the April 2017 data.  Currently, there’s a 4.4 month supply of inventory (compared to 4.6 months for April 2017).  Remaining in a strong seller’s 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.

Martin County Townhouses and Condos April 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos April 2018 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.

Martin County Townhouses and Condos April 2018 Market Report

Florida Townhouses and Condos April 2018 Market Report

06.07.18 by

Florida Townhouses and Condos April 2018 Market Report

The Florida Townhouses and Condos April 2018 Market Report rebounded from last month with stronger market activity when compared to last year.  Closed sales were up by 9.2% as compared to last month’s decrease of 1.8% and new sales under contract (new pending sales) increased by 7.4% (In March there was a 3.7% decrease).

Prices, also, continued their upward march for April.  Median sales prices were up by 10.5% (was up by 7.0% in March), while the average sales price increased by 9.6% (was up 5.1% in March).

The inventory of active listings decreased by 2.5% from April of last year.  For April 2018 we have 5.8 months of inventory (was 5.9 months in March) and compared to 6.1 months for April 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos April 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos April 2018 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.

Florida Townhouses and Condos April 2018 Market Report