Search Results for: St Lucie County Townhouses and Condos Market Report

Florida Townhouses and Condos January 2018 Market Report

03.12.18 by

Florida Townhouses and Condos January 2018 Market Report

The Florida Townhouses and Condos January 2018 Market Report showed strong activity to begin 2018.  Closed sales were up by 5.9% as compared to last month’s increase of 6.0% and new sales under contract (new pending sales) increased by 8.1% (In December there was a 3.6% increase).

Prices also continue to rise.  Median sales prices were up by 11.7% (was up by 11.1% in December), while the average sales price increased by 17.1% (was up 17.8% in December).

The inventory of active listings decreased by 4.8% from January of last year.  For January 2018 we have 5.9 months of inventory (was 5.6 months in December) and compared to 6.4 months for January 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 January 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 January 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 January 2018 Market Report

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

03.09.18 by

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2017 Yearly Review had stronger activity when compared to 2016.  Year to year closed sales was up by 5.4% as compared to 2016 which saw a decrease of 6.6% and new sales under contract (new pending sales) increased by 6.0% (2016 saw a decrease of 11.5%).

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices increased significantly (year to year) by 18.9% and 13.0% respectively (2016 numbers were 5.9% and 2.9%).  Prices continue to rise.

Inventory decreased by 5.7% as compared to 2016’s increase of 8.1%. While the supply of inventory decreased to 5.1 months as compared to 5.7 months for 2016.  An even stronger seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2017 Yearly Review

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 Townhouse and Condo Sales 2017 Yearly Review

Martin County Townhouse and Condo Sales 2017 Yearly Review

03.07.18 by

Martin County Townhouse and Condo Sales 2017 Yearly Review

For the Martin County Townhouse and Condo Sales 2017 Yearly Review showed considerably better activity when compared to 2016 for this segment of the Martin County real estate market.   Year to year closed sales was up by 6.7% as compared to 2016 which was down by 8.6% and new sales under contract (new pending sales) increased by 1.0% (2016 saw a decrease of 6.2%).

Martin County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices were up (year to year) by 3.3% and 2.4% respectively (2016 numbers were 4.2% and 7.5%). Not as large an increase as in previous years which is much more sustainable.

Inventory decreased by 7.3% as compared to 2016’s decrease of 14.2%. While the supply of inventory dropped to 4.0 months as compared to 4.6 months for 2016.  Remaining in a seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2017 Yearly Review

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 Townhouse and Condo Sales 2017 Yearly Review

Florida Townhouse and Condo Sales 2017 Yearly Review

03.05.18 by

Florida Townhouse and Condo Sales 2017 Yearly Review

The Florida Townhouse and Condo Sales 2017 Yearly Review showed improved results from last year.   Year to year closed sales were up by 2.9% as compared to 2016 which saw a decrease of 4.2% and new sales under contract (new pending sales) decreased by 2.3% (2016 saw a decrease of 7.4%).

Florida Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices were up (year to year) by 7.8% and 6.5% respectively (2016 numbers were 6.7% and 1.1%).

Inventory decreased by 4.0% as compared to 2016’s increase of 7.9%. While the supply of inventory dipped to 5.6 months as compared to 6.0 months for 2016.  A seller’s market for Florida townhouses and condos.

 Click here to view or download the full report:  Florida Townhouse and Condo Sales 2017 Yearly Review

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 Townhouse and Condo Sales 2017 Yearly Review

St. Lucie County Townhouses and Condos 2017 4’th Quarter Report

03.03.18 by

St. Lucie County Townhouses and Condos 2017 4’th Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 4’th Quarter 2017.

St. Lucie County Townhouses and Condos 2017 4'th Quarter Report

Both the sales volume and prices continue their upward march in this section of the market with some impressive gains for the last quarter of 2017.  Active inventory decreased keeping the Saint Lucie County townhouse and condo market in a strong seller’s market.

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2017 4’th Quarter Report

Mariner Cay February 2018 Market Report

02.22.18 by

Mariner Cay February 2018 Market Report

There are 10 properties on the market in Mariner Cay in Stuart FL.  3 homes and 7 condos.  List prices range from $245,000 up to $2,775,000 for an average list price of $725,580 or $265.56 per sq. ft. of living area.

3 homes and 2 condos are under contract.  List prices ranged from $285,000 up to $1,500,000 for an average list price of $856,980 or $330.59 per sq. ft. of living area.  These properties averaged 101 days on the market before going under contract.

In the past 12 months, 7 properties have sold in Mariner Cay: 5 condos and 2 homes sold.  Sales prices ranged from $190,000 up to $1,735,000 for an average sales price of $511,857 which works out to $216.20 per sq. ft. of living area.  These homes and condos averaged 11633 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 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 February 2018 Market Report

St Lucie County Townhouses and Condos December 2017 Market Report

02.02.18 by

St Lucie County Townhouses and Condos December 2017 Market Report

The St Lucie County Townhouses and Condos December 2017 Market Report had some strong sales growth while other metrics were a bit mixed.  Closed sales were up by 26.6% from last year (was up by 30.7% in November) while new pending sales were up by 1.6% for December (was up by 8.4% in November).

Values were split with the median price decreasing by 13.3% from last year (was up by 37.8% in November) while the average sales price increased by 16.1% (was up by 30.7% in November).

The inventory of available townhouses and condos increased by 19 units from last month to 516 units, which is 5.7% less than December 2016. The current supply is 5.1 months, which is 10.5% less than the 5.7 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 December 2017 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos December 2017 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 December 2017 Market Report

Martin County Townhouses and Condos December 2017 Market Report

01.31.18 by

Martin County Townhouses and Condos December 2017 Market Report

Martin County Townhouses and Condos December 2017 Market Report showed continued better activity when compared to last December.  Closed sales for the month were up by 19.7% (was up by 10.4% in November) while new sales under contract (new pending sales) were up by 1.3% from December 2016 (increased by 2.4% in November).

Prices, also, were up for December as the median sales price increased by 15.4% (was up by 7.1% in November) while the average sales price increased by a whopping 41.9% (was up by 10.5% in November) as compared to December of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 8 units to 396 properties as compared to last month.  This is 7.3% less than the December 2016 inventory.  Currently, there’s a 4.0 month supply of inventory (compared to 4.6 months for December 2016).  Still a 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 December 2017 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos December 2017 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 December 2017 Market Report

Florida Townhouses and Condos December 2017 Market Report

01.29.18 by

Florida Townhouses and Condos December 2017 Market Report

The Florida Townhouses and Condos December 2017 Market Report continues to outperform last year’s activity.  Closed sales were up by 6.0% as compared to last month’s increase of 5.8% and new sales under contract (new pending sales) increased by 3.6% (In November there was a 9.3% increase).

Prices continue to go up.  Median sales prices were up by 11.1% (was up by 8.6% in November), while the average sales price increased by 17.8% (was up 0.8% in November).

The inventory of active listings decreased by 4.0% from December of last year.  For December 2017 we have 5.6 months of inventory (was 5.7 months in November) and compared to 6.0 months for December 2016.  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 December 2017 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 December 2017 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 December 2017 Market Report

Florida Single Family Homes December 2017 Market Report

01.26.18 by

Florida Single Family Homes December 2017 Market Report

The Florida Single Family Homes December 2017 Market Report continues to do better than last year but at a reduced rate of increase. Closed sales were up by 2.6% (were up by 1.3% in November) and new sales under contract (new pending sales) were down by 0.1% (were up by 5.5% in November).

Both the median and average sales prices continued to rise when compared to last year.  Up by 8.0% and 9.4% respectively, compared to November’s 9.1% and 8.3%.

The inventory of available homes for sale fell by 7.1% from last year.  For December there was a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December of 2016 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Townhouses and Condos December 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes December 2017 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 Single Family Homes December 2017 Market Report

Tradewinds on Hutchinson Island January 2018 Market Report

01.14.18 by

Tradewinds on Hutchinson Island January 2018 Market Report

As of January 2018 there is 1 townhouse for sale in Tradewinds on Hutchinson Island in Jensen Beach FL.  The list price for this townhouse is $395,000 or $206.16 per sq. ft. of living area.

There are no townhouses currently under contract.

In the past 12 months, 3 homes have sold.  The sales prices ranged from $372,000 up to $380,000 for an average sales price of  $377,000 which equals $196.52 per sq. ft. of living area.  These townhomes averaged 133 days on the market before going under contract. The sales prices averaged 99% of list price.

About Tradewinds in Jensen Beach:

Tradewinds on Hutchinson Island in Jensen Beach

Located west of A-1-A  (Ocean Drive) on Hutchinson Island in Jensen Beach (Saint Lucie County) and just approximately 3 miles north of the Jensen Beach Causeway is this unique townhome community by the name of Tradewinds.

Tradewinds on Hutchinson Island in Jensen Beach Tradewinds on Hutchinson Island in Jensen Beach

There are a total of 14 townhomes in Tradewinds.  Two large Spanish Med style units on the north end were completed in 2009 while the other 10 are in a Key West style and were completed between 2012 and 2014.

The older units are quite large with over 3,500 sq. ft. of living space on two and three levels and numerous bedrooms and bathrooms and garages.  The newer units are all 3 bedroom, 2 and ½ bathroom homes with approximately 2,300 sq. ft. of living area with reserved parking.  There is one end unit that has a detached garage.

Tradewinds on Hutchinson Island in Jensen Beach Tradewinds on Hutchinson Island in Jensen Beach

All ages are welcome and up to two large pets are OK.  Rentals are also permitted with some restrictions.

These townhomes are deeded as condos so the monthly fee of $400 (as of January 2018) includes maintenance and insurance for all structures and common areas.  There is a community pool as well as a community pier with deeded docks on the Indian River (Intracoastal Waterway).  Residents of these townhomes have the ability to go fishing on the Intracoastal from their boat or right from the dock, or simply just walk across the street to enjoy the crystal clear waters of the Atlantic Ocean.

Tradewinds on Hutchinson Island in Jensen Beach Tradewinds on Hutchinson Island in Jensen Beach

Because of the limited number of residences in the Tradewinds, these don’t come on the market very often, so please contact me for a listing alert for any new townhomes that come on the market in the Tradewinds.

 

St Lucie County Townhouses and Condos November 2017 Market Report

01.05.18 by

St Lucie County Townhouses and Condos November 2017 Market Report

The St Lucie County Townhouses and Condos November 2017 Market Report continues with strong gains from last year.  Closed sales were up by 30.7% from last year (was up by 18.1% in October) while new pending sales was down by 8.4% for November (was up by 83.6% in October).

Values rose sharply with the median price increasing by 37.8% from last year (was down by 3.3% in October) while the average sales price increased by 30.7% (was up by 2.7% in October).

The inventory of available townhouses and condos increased by 63 unit from last month to 497 units, which is 10.0% less than November 2016. The current supply is 5.0 months, which is 10.7% 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 November 2017 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos November 2017 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 November 2017 Market Report

Martin County Townhouses and Condos November 2017 Market Report

01.03.18 by

Martin County Townhouses and Condos November 2017 Market Report

Martin County Townhouses and Condos November 2017 Market Report showed strong activity for the month.  Closed sales for the month were up by 10.4% (was up by 60.8% in October) while new sales under contract (new pending sales) were up by 2.4% from November 2016 (increased by 45.9% in October).

Prices, also, were up for November as the median sales price increased by 7.1% (was up by 18.6% in October) while the average sales price increased by 10.5% (was up by 33.6% in October) as compared to November of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 23 units to 388 properties as compared to last month.  This is 8.1% less than the November 2016 inventory.  Currently, there’s a 4.0 month supply of inventory (compared to 4.4 months for November 2016).  Still a 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 November 2017 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos November 2017 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 November 2017 Market Report

Florida Townhouses and Condos November 2017 Market Report

12.29.17 by

Florida Townhouses and Condos November 2017 Market Report

The Florida Townhouses and Condos November 2017 Market Report showed stronger activity as compared to last year.  Closed sales were up by 5.8% as compared to last month’s increase of 2.2% and new sales under contract (new pending sales) increased by 9.3% (In October there was a 12.9% increase).

Prices continue to go up.  Median sales prices were up by 8.6% (was up by 5.2% in October), while the average sales price increased by 0.8% (was up 6.2% in October).

The inventory of active listings decreased by 3.4% from November of last year.  For November 2017 we have 5.7 months of inventory (was 5.6 months in October) and compared to 6.0 months for November 2016.  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 November 2017 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 November 2017 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 November 2017 Market Report

Martin County Townhouses and Condos October 2017 Market Report

12.06.17 by

Martin County Townhouses and Condos October 2017 Market Report

Martin County Townhouses and Condos October 2017 Market Report showed very strong activity for the month.  Closed sales for the month were up by 60.8% (were down by 17.8% in September) while new sales under contract (new pending sales) were up by 45.9% from October 2016 (decreased by 30.1% in September).

Prices, also, were up for October as the median sales price increased by 18.6% (was up by 6.1% in September) while the average sales price increased by 33.6% (was up by 18.9% in September) as compared to October of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 18 units to 365 properties as compared to last month.  This is 9.0% less than the October 2016 inventory.  Currently, there’s a 3.8 month supply of inventory (compared to 4.2 months for October 2016).  Still a 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.

October 2017 Martin County Townhouses and Condos Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos October 2017 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 October 2017 Market Report

Florida Townhouses and Condos October 2017 Market Report

12.04.17 by

Florida Townhouses and Condos October 2017 Market Report

The Florida Townhouses and Condos October 2017 Market Report showed stonger activity as compared to last year.  Closed sales were up by 2.2% as compared to last month’s decrease of 15.9% and new sales under contract (new pending sales) increased by 12.9% (In September there was a 32.7% decrease).

Prices continue to go up.  Median sales prices were up by 5.2% (was up by 8.1% in September), while the average sales price increased by 6.2% (was up 7.9% in September).

The inventory of active listings decreased by 3.4% from October of last year.  For October 2017 we have 5.6 months of inventory (was 5.5 months in September) and compared to 5.9 months for October 2016.  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.

October 2017 Florida Townhouses and Condos 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 2017 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 2017 Market Report

St. Lucie County Townhouses and Condos 2017 3’rd Quarter Report

11.13.17 by

Quarterly Market Report for St. Lucie County Townhouses and Condos

3’rd Quarter 2017

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 3’rd Quarter 2017.

St. Lucie County Townhouses and Condos 2017 3'rd Quarter Report

Sales volume increased slightly for 2017 while prices continued to rise fairly though at a slower rate than in previous quarters.  Active inventory decreased resulting in the Saint Lucie County townhouse and condo market in a strong seller’s market.

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2017 3’rd Quarter Report

St Lucie County Townhouses and Condos September 2017 Market Report

11.03.17 by

St Lucie County Townhouses and Condos September 2017 Market Report

The St Lucie County Townhouses and Condos Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.   Closed sales were down by 14.7% from last year (was down by 7.3% in August) while new pending sales were down by 19.1% for September (was up by 15.8% in August).

Values were mixed with the median price unchanged from last year (was up by 17.2% in August) while the average sales price increased by 6.1% (was up by 7.7% in August).  Continuing a fairly steady rise in values.

The inventory of available townhouses and condos decreased by 7 unit from last month to 434 units, which is 14.4% less than September 2016. The current supply is 4.5 months, which is 11.8% 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. 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 2017 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos September 2017 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 2017 Market Report

Martin County Townhouses and Condos September 2017 Market Report

11.01.17 by

Martin County Townhouses and Condos September 2017 Market Report

Martin County Townhouses and Condos Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.   Closed sales for the month were down by 17.8% (were up by 36.7% in August) while new sales under contract (new pending sales) were down by 30.1% from September 2016 (increased by 22.1% in August).

Prices, however, were up for September as the median sales price increased by 6.1% (was down by 5.1% in August) while the average sales price increased by 18.9% (was up by 10.6% in August) as compared to September of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos decreased by 4 units to 347 properties as compared to last month.  This is 3.6% less than the September 2016 inventory.  Currently, there’s a 3.7 month supply of inventory (unchanged from last year which was also 3.7 months).  Still a 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 Single Family Homes September 2017 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos September 2017 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 2017 Market Report

Florida Townhouses and Condos September 2017 Market Report

10.30.17 by

Florida Townhouses and Condos September 2017 Market Report

The Florida Townhouses and Condos Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.   Closed sales were down by 15.9% as compared to last month’s increase of 2.6% and new sales under contract (new pending sales) decreased by 32.7% (In August there was a 8.1% increase).

Prices continue to go up.  Median sales prices were up by 8.1% (was up by 6.3% in August), while the average sales price increased by 7.9% (was up 5.5% in August).

The inventory of active listings decreased by 3.8% from September of last year.  For September 2017 we have 5.5 months of inventory (was 5.4 months in August) and compared to 5.7 months for September 2016.  We remain in a slight 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.

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 2017 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 2017 Market Report