Search Results for: martin county single family market report

Martin County Single Family Homes July 2022 Market Report

08.23.22 by

Martin County Single Family Homes July 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last July. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 46.9% from last year (were down by 32.7% in June).  While new pending sales decreased by 25.5% as compared to last year (decreased by 30.6% last month).

Prices were up for the month of July.  The median sales price increased from last year by 18.8% (it was up by 20.4% in June) while the average sales price increased by 19.5% (it was up by 2.4% last month).

The inventory of available single-family homes increased by 64 homes from last month to 493. This is 61.6% larger inventory than last July.  The current supply of homes is 2.6 months.  For July of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 2022 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes July 2022 Market Report

Martin County Single Family Homes June 2022 Market Report

07.22.22 by

Martin County Single Family Homes June 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last June. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. (Don’t ask me how long!)  Closed sales were down by 32.7% from last year (were down by 20.9% in May).  While new pending sales decreased by 30.6% as compared to last year (decreased by 27.2% last month).

Prices were up for the month of June.  The median sales price increased from last year by 20.4% (it was up by 24.4% in May) while the average sales price increased by 2.4% (it was down by 0.6% last month).

The inventory of available single-family homes increased by 88 homes from last month to 429. This is 41.1% larger inventory than last June.  The current supply of homes is 2.2 months.  For June of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes June 2022 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes June 2022 Market Report

Martin County Single Family Homes May 2022 Market Report

06.23.22 by

Martin County Single Family Homes May 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last May. We remain in a market with low inventory (though that is in the process of changing) and rising borrowing costs that are significantly affecting the real estate market.  Closed sales were down by 20.9% from last year (were down by 32.2% in April).  While new pending sales decreased by 27.2% as compared to last year (decreased by 31.9% last month).

Prices were mixed for the month of May.  The median sales price increased from last year by 24.4% (it was up by 26.5% in April) while the average sales price decreased by 0.6% (it was down by 7.3% last month).

The inventory of available single-family homes increased by 73 homes from last month to 341 homes. This is a 23.6% larger inventory than last May.  The current supply of homes is 1.7 months.  For May of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2022 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes May 2022 Market Report

Martin County Single Family Homes April 2022 Market Report

05.21.22 by

Martin County Single Family Homes April 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last April. We remain in a market with unprecedented low inventory and rising borrowing costs that are significantly affecting the real estate market.  Closed sales were down by 32.2% from last year (were down by 32.7% in March).  While new pending sales decreased by 31.9% as compared to last year (decreased by 27.6% last month).

Prices were mixed for the month of April.  The median sales price increased from last year by 26.5% (it was up by 13.5% in March) while the average sales price decreased by 7.3% (it was down by 9.4% last month).

The inventory of available single-family homes increased by 45 homes from last month to 268 homes. This is still 6.0% less inventory than last April.  The current supply of homes is 1.3 months.  For April of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes April 2022 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes April 2022 Market Report

Martin County Single Family Homes March 2022 Market Report

04.22.22 by

Martin County Single Family Homes March 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last March. We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were down by 32.7% from last year (were down by 19.8% in February).  While new pending sales decreased by 27.6% as compared to last year (decreased by 35.5% last month).

Prices were mixed for the month of March.  The median sales price increased from last year by 13.5% (it was up by 24.4% in February) while the average sales price decreased by 9.4% (up by 40.8% last month).

The inventory of available single-family homes increased by 45 homes from last month to 223 homes. This is 34.4% less inventory than last March.  The current supply of homes is 1.0 months.  For March of last year, it was a 1.5 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2022 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes March 2022 Market Report

Martin County Single Family Homes February 2022 Market Report

03.20.22 by

Martin County Single Family Homes February 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last February. We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were down by 19.8% from last year (were down by 18.4% in January).  While new pending sales decreased by 35.5% as compared to last year (decreased by 31.9% last month).

Prices were up for February.  The median sales price increased from last year by 24.4% (it was up by 16.3% in January) while the average sales price increased by 40.8% (up by 42.1% last month).

The inventory of available single-family homes increased by 26 homes from last month to 178 homes. This is 49.1% less inventory than last February.  The current supply of homes is 0.8 months.  For February of last year, it was a 1.5 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2022 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes February 2022 Market Report

Martin County Single Family Homes January 2022 Market Report

02.23.22 by

Martin County Single Family Homes January 2022 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last January. We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were down by 18.4% from last year (were down by 19.8% in December).  While new pending sales decreased by 31.9% as compared to last year (decreased by 11.8% last month).

Prices were up for January.  The median sales price increased from last year by 16.3% (it was up by 42.4% in December) while the average sales price increased by 42.1% (up by 54.1% last month).

The inventory of available single-family homes decreased by 23 homes from last month to only 152 homes. This is 62.3% less inventory than last January.  The current supply of homes is only 0.7 months.  For January of last year, it was a 1.8 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes January 2022 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes January 2022 Market Report

Martin County Single Family Homes December 2021 Market Report

01.23.22 by

Martin County Single Family Homes December 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last December. Mostly because of the unprecedented lack of inventory of available homes. Closed sales were down by 19.8% from last year (were down by 19.5% in November).  While new pending sales decreased by 11.8% as compared to last year (decreased by 28.9% last month).

Prices were up sharply for December.  The median sales price increased from last year by 42.4% (it was up by 28.0% in November) while the average sales price increased by 54.1% (up by 10.0% last month).

The inventory of available single-family homes decreased by 56 homes from last month to only 175 homes. This is 64.3% less inventory than last December.  The current supply of homes is only 0.8 months.  For December of last year, it was a 2.2 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes December 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes December 2021 Market Report

Martin County Single Family Homes November 2021 Market Report

12.24.21 by

Martin County Single Family Homes November 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last November. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 19.5% from last year (were down by 25.0% in October).  While new pending sales decreased by 28.9% as compared to last year (decreased by 29.2% last month).

Prices, however, continued to rise in November.  The median sales price increased from last year by 28.0% (it was up by 19.2% in October) while the average sales price increased by 10.0% (up by 14.4% last month).

The inventory of available single-family homes decreased by 20 homes from last month to 231 homes. This is 53.6% less inventory than last November.  The current supply of homes is only 1.0 months.  For November of last year, it was a 2.3 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes November 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes November 2021 Market Report

Martin County Single Family Homes October 2021 Market Report

11.24.21 by

Martin County Single Family Homes October 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last October. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 25.0% from last year (were down by 25.0% in September).  While new pending sales decreased by 29.2% as compared to last year (decreased by 21.8% last month).

Prices, however, continued to rise in October.  The median sales price increased from last year by 19.2% (it was up by 12.2% in September) while the average sales price increased by 14.4% (up by 21.9% last month).

The inventory of available single-family homes decreased by 39 homes from last month to 251 homes. This is 50.5% less inventory than last October.  The current supply of homes is only 1.0 months.  For October of last year, it was a 2.4 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes October 2021 Market Report

Martin County Single Family Homes September 2021 Market Report

10.26.21 by

Martin County Single Family Homes September 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 25.0% from last year (were down by 8.5% in August).  While new pending sales decreased by 21.8% as compared to last year (decreased by 19.0% last month).

Prices, however, continued to rise in September.  The median sales price increased from last year by 12.2% (it was up by 16.5% in August) while the average sales price increased by 21.9% (up by 29.3% last month).

The inventory of available single-family homes decreased by 12 homes from last month to 290 homes. This is 46.1% less inventory than last September.  The current supply of homes is only 1.2 months.  For September of last year, it was a 2.6 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes September 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes September 2021 Market Report

Martin County Single Family Homes August 2021 Market Report

09.24.21 by

Martin County Single Family Homes August 2021 Market Report

The Martin County Single Family Homes Market Report showed fewer closed and new pending sales when compared to last year. This is most likely a result of the historically low inventory of properties available for sale as well as the recent increase in prices. There appear to be many buyers but not enough available or affordable listings. Closed sales were down by 8.5% from last year (were down by 8.6% in July).  While new pending sales decreased by 19.0% as compared to last year (decreased by 18.4% last month).

Prices continued to rise in August.  The median sales price increased from last year by 16.5% (it was up by 16.7% in July) while the average sales price increased by 29.3% (up by 7.1% last month).

The inventory of available single-family homes decreased by 3 homes from last month to 302 homes. This is 46.0% less inventory than last August.  The current supply of homes is only 1.2 months.  For August of last year, it was a 2.8 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes August 2021 Market Report

Martin County Single Family Homes July 2021 Market Report

08.25.21 by

Martin County Single Family Homes July 2021 Market Report

The Martin County Single Family Homes Market Report showed fewer closed and new pending sales when compared to last year. This is most likely a result of the historically low inventory of properties available for sale. There appear to be many buyers but not enough available listings. Closed sales were down by 8.6% from last year (were up by 105.3% in June).  While new pending sales decreased by 18.4% as compared to last year (decreased by 40.1% last month).

Prices continued to rise in July.  The median sales price increased from last year by 16.7% (it was up by 19.5% in June) while the average sales price increased by 7.1% (up by 10.3% last month).

The inventory of available single-family homes decreased by 60 homes from last month to 305 homes. This is 54.5% less inventory than last July.  The current supply of homes is only 1.2 months.  For July of last year, it was a 3.4 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes July 2021 Market Report

Martin County Single Family Homes June 2021 Market Report

07.26.21 by

Martin County Single Family Homes June 2021 Market Report

The Martin County Single Family Homes Market Report showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 13.2% from last year(were up by 105.3% in May).  While new pending sales decreased by 40.1% as compared to last year (decreased by 20.4% last month).

Prices continued to rise in June.  The median sales price was up from last year by 19.5% (it was up by 28.7% in May) while the average sales price increased by 10.3% (it was up by 84.7% last month).

The inventory of available single-family homes increased by 13 homes from last month to 365 homes. This is 48.7% less inventory than last June.  The current supply of homes is only 1.4 months.  For June of last year, it was a 3.8 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes June 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes June 2021 Market Report

Martin County Single Family Homes May 2021 Market Report

06.24.21 by

Martin County Single Family Homes May 2021 Market Report

The Martin County Single Family Homes Market Report had mixed sales activity when compared to last May. Closed sales were up by 105.3% from last year(were up by 58.9% in April).  While new pending sales decreased by 20.4% as compared to last year (increased by 92.6% last month).

Prices were up significantly for May.  The median sales price was up from last year by 28.7% (it was up by 39.2% in April) while the average sales price increased by 84.7% (it was up by 100.8% last month).

The inventory of available single-family homes increased by 12 homes from last month to 352 homes. This is 61.0% less inventory than last May.  The current supply of homes is only 1.4 months.  For May of last year, it was a 4.8 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes May 2021 Market Report

Martin County Single Family Homes April 2021 Market Report

05.25.21 by

Martin County Single Family Homes April 2021 Market Report

The Martin County Single Family Homes Market Report indicates continued strong activity when compared to last April. Closed sales were up by 58.9% from last year(were up by 33.8% in March).  While new pending sales increased by 92.6% as compared to last year (increased by 61.3% last month).

Prices were up significantly for April.  The median sales price was up from last year by 39.2% (it was up by 30.4% in March) while the average sales price increased by 100.8% (it was up by 70.8% last month).

The inventory of available single-family homes remained unchanged from last month at 340 homes. This is 64.8% less inventory than last April.  The current supply of homes is only 1.4 months.  For April of last year, it was a 4.8 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes April 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes April 2021 Market Report

Martin County Single Family Homes March 2021 Market Report

04.26.21 by

Martin County Single Family Homes March 2021 Market Report

The Martin County Single Family Homes Market Report shows improved activity when compared to last March. Closed sales were up by 33.8% from last year(were up by 21.8% in February).  While new pending sales increased by 61.3% as compared to last year (increased by 21.1% last month).

Prices were up significantly for March.  The median sales price was up from last year by 30.4% (it was up by 12.9% in February) while the average sales price increased by 70.8% (it was up by 14.4% last month).

The inventory of available single-family homes decreased from last month by 10 homes to 340 homes for March. This is 64.9% less inventory than last March.  The current supply of homes is only 1.5 months.  For March of last year, it was a 4.7 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes March 2021 Market Report

Martin County Single Family Homes February 2021 Market Report

03.25.21 by

Martin County Single Family Homes February 2021 Market Report

The Martin County Single Family Homes Market Report shows improved activity when compared to last February. Closed sales were up by 21.8% from last year(were up by 20.8% in January).  While new pending sales increased by 21.1% as compared to last year (increased by 22.5% last month).

Prices were also up for February.  The median sales price was up from last year by 12.9% (it was up by 10.7% in January) while the average sales price increased by 14.4% (it was up by 45.6% last month).

The inventory of available single-family homes decreased from last month by 134 homes to 350 homes for February. This is 62.1% less inventory than last February.  The current supply of homes is only 1.5 months.  For February of last year, it was a 4.6 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes February 2021 Market Report

Martin County Single Family Homes January 2021 Market Report

02.27.21 by

Martin County Single Family Homes January 2021 Market Report

The Martin County Single Family Homes Market Report continues to show better activity than last January. Closed sales were up by 20.8% from last year(were up by 35.1% in December).  While new pending sales increased by 22.5% as compared to last year (increased by 69.2% last month).

Prices were also up for January.  The median sales price was up from last year by 10.7% (it was up by 8.0% in December) while the average sales price increased by 45.6% (it was up by 24.4% last month).

The inventory of available single-family homes decreased from last month by 6 homes to 484 homes for January. This is 56.5% less inventory than last January.  The current supply of homes is only 1.8 months.  For January of last year, it was a 4.6 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes January 2021 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes January 2021 Market Report

Martin County Single Family Homes December 2020 Market Report

01.26.21 by

Martin County Single Family Homes December 2020 Market Report

The Martin County Single Family Homes Market Report continues to show strong activity. Closed sales were up by 35.1% from last month (were up by 38.5% in November).  While new pending sales increased by 69.2% as compared to last month when they increased by 43.8%.

Prices were also up for December.  The median sales price was up from last year by 8.0% (it was up by 22.6% in November) while the average sales price increased by 24.4% (it was up by 48.4% last month).

The inventory of available single-family homes decreased from last month by 8 homes to 490 homes for December. This is 45.7% less inventory than last December.  The current supply of homes is only 2.2 months.  For December of last year, it was a 4.5 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes December 2020 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes December 2020 Market Report