Search Results for: Martin County townhouses and condos market report

Martin County Townhouses and Condos February 2020 Market Report

Martin County Townhouses and Condos February 2020 Market Report

The Martin County Townhouses and Condos showed very strong sales activity after a relatively weak start for the year.  Closed sales for the month were up by 21.4%.  And, they were down by 11.0% in January.  New sales under contract (new pending sales) were up by 31.6% from last month.  They were down by 3.6% for January.

Prices also continued to rise for February, though at reduced rates.  The median sales price increased by 3.2% (was up by 2.4% in January). While the average sales price increased by 9.3% (was up by 1.0% in January).

The inventory of available townhouses and condos decreased by 10 units to 411 properties.  This is a 9.7% smaller inventory then we had in February 2019.  Currently, there’s a 4.5 months supply of inventory (compared to 4.7 months for February 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, 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 February 2020 Market Report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouses and Condos February 2020 Market Report

Martin County Townhouses and Condos January 2020 Market Report

Martin County Townhouses and Condos January 2020 Market Report

The Martin County Townhouses and Condos began 2020 with weaker sales activity when compared to last January.  Closed sales for the month were down by 11.0%.  And, they were up by 6.0% in December.  New sales under contract (new pending sales) were down by 3.6% from January 2019.  They were unchanged for December.

Prices, though, continued to rise for January though at reduced rates.  The median sales price increased by 2.4% (was up by 9.7% in December). While the average sales price increased by 1.0% (was up by 10.8% in December).

The inventory of available townhouses and condos increased by 39 units to 421 properties.  This is a 4.2% larger inventory then we had in January 2019.  Currently, there’s a 4.7 months supply of inventory (compared to 4.1 months for January 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, 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 January 2020 Market Report

Search for previous Martin County townhouses and condos market reports

Recent Market Report Posts:

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouses and Condos January 2020 Market Report

Martin County Townhouses and Condos December 2019 Market Report

Martin County Townhouses and Condos December 2019 Market Report

The Martin County Townhouses and Condos December Market Report had slightly better sales activity when compared to last year.  Closed sales for the month were up by 6.0%.  And, they were down by 7.5% in November.  New sales under contract (new pending sales) were unchanged from December 2018.  They increased by 16.1% in November.

Prices, though, continued to rise for December.  The median sales price increased by 9.7% (was up by 12.5% in November). While the average sales price increased by 10.8% (was up by 3.9% in November).

The inventory of available townhouses and condos increased by 9 units to 382 properties.  This is an 8.8% larger inventory then we had in December 2018.  Currently, there’s a 4.2 months supply of inventory (compared to 3.5 months for December 2018).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, 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 2019 Market Report

Search for previous Martin County townhouses and condos market reports

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 2019 Market Report

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Martin County Townhouses and Condos October 2019 Market Report

Martin County Townhouses and Condos October 2019 Market Report

The Martin County Townhouses and Condos October Market Report had better sales activity when compared to last year.  Closed sales for the month were up by 9.8%.  They were down by 17.8% in September.  While new sales under contract (new pending sales) were up by 18.5% from October 2018.  They increased by 17.5% in September.

Prices were up significantly for October.  The median sales price increased by 16.8% (was down by 11.7% in September) while the average sales price increased by 29.0% (was down by 19.1% in September).

The inventory of available townhouses and condos increased by 35 units to 370 properties.  This is a 6.6% larger inventory then we had in October 2018.  Currently, there’s a 4.1 months supply of inventory (compared to 3.4 months for October 2018).  Remaining in 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 October 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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 2019 Market Report

Martin County Townhouses and Condos 2019 3’rd Quarter Report

Martin County Townhouses and Condos 2019 3’rd Quarter Report

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Florida Realtors for the 3’rd Quarter 2019.

Martin County Townhouses and Condos 2019 3'rd Quarter Report

The Martin County townhouse and condo market had weaker sales activity when compared to last year in the third quarter of 2018.  Prices were also off slightly from last year.  The inventory of available properties has improved from last year.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com