Search Results for: florida single family market report

Florida Single Family Homes November 2020 Market Report

12.22.20 by

Florida Single Family Homes November 2020 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 22.9% (were up by 26.9% in October). New sales under contract (new pending sales) were up by 16.7% (were up by 20.7% in October).

Prices were also up for November.  The median sales price rose by 14.1% (it was up by 15.6% in October). And, the average sales price was up by 25.9% (it was up by 27.2% last month).

The inventory of available homes for sale decreased by 41.3% from last year.  This represents a 2.0 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (November 2019 had a 3.5 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes November 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes November 2020 Market Report

Florida Single Family Homes October 2020 Market Report

11.20.20 by

Florida Single Family Homes October 2020 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 26.9% (were up by 22.0% in September). New sales under contract (new pending sales) were up by 20.7% (were up by 31.4% in September).

Prices were also up for October.  The median sales price rose by 15.6% (it was up by 13.2% in September). And, the average sales price was up by 27.2% (it was up by 23.0% last month).

The inventory of available homes for sale decreased by 39.4% from last year.  This represents a 2.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (October 2019 had a 3.6 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes October 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes October 2020 Market Report

Florida Single Family Homes September 2020 Market Report

10.23.20 by

Florida Single Family Homes September 2020 Market Report

The Florida Single Family Home markets seem to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 22.0% (were up by 8.8% in August). New sales under contract (new pending sales) were up by 31.4% (were up by 21.5% in August).

Prices were also up for September.  The median sales price rose by 13.2% (it was up by 10.1% in August). The average sales price was up by 23.0% (it was up by 22.3% last month).

The inventory of available homes for sale decreased by 37.4% from last year.  This represents a 2.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (September 2019 had a 3.6 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes September 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes September 2020 Market Report

Florida Single Family Homes August 2020 Market Report

09.23.20 by

Florida Single Family Homes August 2020 Market Report

The Florida Single Family Home markets seem to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 8.8% (were up by 11.3% in July). New sales under contract (new pending sales) were up by 21.5% (were up by 21.7% in July).

Prices were also up for August.  The median sales price rose by 13.2% (it was up by 10.1% in July). The average sales price was up by 22.3% (it was up by 14.9% last month).

The inventory of available homes for sale decreased by 35.5% from last year.  This represents a 2.3 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (August 2019 had a 3.6 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes August 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes August 2020 Market Report

Florida Single Family Homes July 2020 Market Report

08.21.20 by

Florida Single Family Homes July 2020 Market Report

The Florida Single Family Home markets seems to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 11.3% (were up by 1.3% in June). New sales under contract (new pending sales) were up by 21.7% (were up by 23.2% in June).

Prices were also up for July.  The median sales price rose by 10.1% (it was up by 4.4% in June). The average sales price was up by 14.9% (it was up by 8.8% last month).

The inventory of available homes for sale decreased by 31.8% from last year.  This represents a 2.5 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (July 2019 had a 3.8 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes July 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes July 2020 Market Report

Florida Single Family Homes June 2020 Market Report

07.22.20 by

Florida Single Family Homes June 2020 Market Report

The Florida Single Family Home markets eems to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 1.3% (were down by 36.2% in April). New sales under contract (new pending sales) were up by 23.2% (were up by 2.3% in May).

Prices were were also up for June.  The median sales price rose by 4.4% (it was up by 1.5% in May). The average sales price was up by 8.8% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 27.2% from last year.  This represents a 2.8 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (June 2019 had a 3.9 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes June 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes June 2020 Market Report

Florida Single Family Homes May 2020 Market Report

06.23.20 by

Florida Single Family Homes May 2020 Market Report

The Florida Single Family Home market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year, but pending sales saw a slight rise. Closed sales were down by 36.2% (were down by 20.7% in April). New sales under contract (new pending sales) were up by 2.3% (were down by 35.1% in April).

Prices were mixed for April.  The median sales price rose by 1.5% (it was up by 6.0% in April). The average sales price was down by 0.3% (it was up by 3.0% last month).

The inventory of available homes for sale decreased by 18.3% from last year.  This represents a 3.3 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (May 2019 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes May 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes May 2020 Market Report

Florida Single Family Homes April 2020 Market Report

05.21.20 by

Florida Single Family Homes April 2020 Market Report

The Florida Single Family Home market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 20.7% (were up by 6.4% in March). New sales under contract (new pending sales) were down by 35.1% (were down by 22.6% in February).

Prices, however, were up for April.  The median sales price rose by 6.0% (it was up by 7.4% in March). The average sales price was up by 3.0% (it was up by 8.9% last month).

The inventory of available homes for sale decreased by 26.5% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (April 2019 had a 4.1 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Download the full report
Recent Florida 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.

Florida Single Family Homes April 2020 Market Report

Florida Single Family Homes March 2020 Market Report

04.23.20 by

Florida Single Family Homes March 2020 Market Report

The Florida Single Family Home sales had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 6.4% (were up by 9.1% in February). New sales under contract (new pending sales) were down by 22.6% (were up by 12.5% in February).

Prices were up for March.  The median sales price rose by 7.4% (it was up by 8.0% in February). The average sales price was up by 8.9% (it was up by 7.9% last month).

The inventory of available homes for sale decreased by 14.0% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (March 2019 had a 4.2 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes March 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes March 2020 Market Report

Florida Single Family Homes February 2020 Market Report

03.23.20 by

Florida Single Family Homes February 2020 Market Report

The Florida Single Family Home sales continued with strong activity into February.  Closed sales were up by 9.1% (were up by 17.9% in December). New sales under contract (new pending sales) were up by 12.5% (were up by 12.4% in January).

Prices were also up for February .  The median sales price rose by 8.0% (it was up by 5.9% in January). The average sales price was up by 7.9% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 19.1% from last year.  This represents a 3.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2019 had a 4.3 months 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.

Previous Florida real estate market report posts.

Florida Single Family Homes February 2020 Market Report
Download the full report
Recent Florida 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.

Florida Single Family Homes February 2020 Market Report

Florida Single Family Homes January 2020 Market Report

03.02.20 by

Florida Single Family Homes January 2020 Market Report

The Florida Single Family Home sales had a strong start to 2020.  Closed sales were up by 17.9% (were up by 23.8% in December). New sales under contract (new pending sales) were up by 12.4% (were up by 11.9% in December).

Prices were also up for January.  The median sales price rose by 5.9% (it was up by 6.0% in December). The average sales price was up by 6.3% (it was up by 6.9% last month).

The inventory of available homes for sale decreased by 16.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January 2019 had a 4.3 months 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.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes January 2020 Market Report
Click on this image to view or download the full report

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.

Florida Single Family Homes January 2020 Market Report

Florida Single Family Homes December 2019 Market Report

01.23.20 by

Florida Single Family Homes December 2019 Market Report

The Florida Single Family Home sales had a very strong end to 2019.  Closed sales were up by 23.8% (were up by 6.1 % in November). New sales under contract (new pending sales) were up by 11.9% (were up by 14.4 % in November).

Prices were also up for December.  The median sales price rose by 5.9% (it was up by 3.9 % in November). The average sales price was up by 6.9% (it was up by 13.1 % last month).

The inventory of available homes for sale decreased by 11.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December 2018 had a 4.0 months 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.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes December 2019 Market Report

Click here to view the previous Florida 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.

Florida Single Family Homes December 2019 Market Report

Florida Single Family Homes November 2019 Market Report

12.20.19 by

Florida Single Family Homes November 2019 Market Report

The Florida Single Family Home sales continue to have improved activity from the same period last year.  The closed sales were up by 6.1% (were up by 5.2% in October) and new sales under contract (new pending sales) were up by 14.4% (were up by 13.3% in October).

Prices were also up for November.  The median sales price rose by 3.9% (it was up by 3.6% in October) and the average sales price was up by 13.1% (it was up by .5% last month).

The inventory of available homes for sale decreased by 10.5% from last year.  This represents a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (November 2018 had a 4.1 months 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 Single Family Homes November 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes November 2019 Market Report

Click here to view the previous Florida 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.

Florida Single Family Homes October 2019 Market Report

12.09.19 by

Florida Single Family Homes October 2019 Market Report

The Florida Single Family Home sales continue to have improved activity from the same period last year.  The closed sales were up by 5.2% (were up by 11.5% in September) and new sales under contract (new pending sales) were up by 13.3% (were up by 4.5% in September).

Prices were also up for October.  The median sales price rose by 3.6% (it was up by 5.3% in September) and the average sales price was up by 1.5% (it was up by 4.9% last month).

The inventory of available homes for sale decreased by 7.0% from last year.  This represents a 3.7 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October 2018 had a 4.0 months 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 Single Family Homes October 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes October 2019 Market Report

Click here to view the previous Florida 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.

Florida Single Family Homes September 2019 Market Report

10.30.19 by

Florida Single Family Homes September 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year.  The closed sales were up by 11.5% (were up by 3.2% in August) and new sales under contract (new pending sales) were up by 4.5% (were up by 1.3% in August).

Prices were also up for September.  The median sales price rose by 5.3% (it was up by 4.2% in August) and the average sales price was up by 4.9% (it was up by 3.2% last month).

The inventory of available homes for sale decreased by 5.7% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (September 2018 also had a 3.6 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 Single Family Homes September 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes September 2019 Market Report

Click here to view the previous Florida 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.

Florida Single Family Homes August 2019 Market Report

10.02.19 by

Florida Single Family Homes August 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year, though.  The closed sales were up by 3.2% (were down by 10.4% in July) and new sales under contract (new pending sales) were up by 1.3% (were up by 7.4% in July).

Prices were also up for August.  The median sales price rose by 4.2% (it was up by 5.1% in July) and the average sales price was up by 3.2% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 5.1% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August 2018 also had a 4.0 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 Single Family Homes August 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes August 2019 Market Report

Click here to view the previous Florida 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.

Florida Single Family Homes July 2019 Market Report

09.05.19 by

Florida Single Family Homes July 2019 Market Report

The Florida Single Family Homes Market Report for July 2019 showed improved activity from the same period last year.  The closed sales numbers were up by 10.4% (were down by 1.9% in June) and new sales under contract (new pending sales) were up by 7.4% (were up by 4.9% in June).

Prices were also up for July.  The median sales price rose by 5.1% (it was up by 3.8% in June) and the average sales price was up by 6.3% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 0.2% from last year.  This is a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July 2018 also 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 Single Family Homes July 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes July 2019 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.

July 2019 Florida Single Family Homes Market Report

Florida Single Family Homes June 2019 Market Report

08.01.19 by

Florida Single Family Homes June 2019 Market Report

The Florida Single Family Homes Market Report for May 2019 had a slightly lower closed sales volume than last year but pending sales improved which could mean better closed volume for the near future.  The closed sales numbers were down by 1.9% (were up by 9.6% in May) and new sales under contract (new pending sales) were up by 4.9% (were up by 5.0% in May).

Prices were mixed for June.  The median sales price rose by 3.8% (it was up by 4.3% in May) and the average sales price was down by 0.3% (it was up by 2.6% last month).

The inventory of available homes for sale increased by 2.0% from last year.  This is a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June 2018 also 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 Single Family Homes June 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2019 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.

June 2019 Florida Single Family Homes Market Report

Florida Single Family Homes May 2019 Market Report

07.05.19 by

Florida Single Family Homes May 2019 Market Report

The Florida Single Family Homes Market Report for April 2019 showed continued improvement for sales volume when compared to last year.  The closed sales numbers were up by 9.6% (were up by 6.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were up by 4.4% in April).

Prices were also up for May.  The median sales price rose by 4.3% (it was up by 2.6% in April) and the average sales price rose by 2.6% (it was down by 0.2% last month).

The inventory of available homes for sale increased by 4.0% from last year.  This is a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (May 2018 also had a 4.0 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 Single Family Homes May 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes May 2019 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.

May 2019 Florida Single Family Homes Market Report

Florida Single Family Homes April 2019 Market Report

06.07.19 by

Florida Single Family Homes April 2019 Market Report

The Florida Single Family Homes Market Report for March 2019 showed continued improvement for sales volume when compared to last year.  The closed sales were up by 6.2% (were unchanged in March) and new sales under contract (new pending sales) were up by 4.4% (were up by 2.6% in March).

Prices were mixed for April.  The median sales price rose by 2.6% (it was up by 2.0% in March) and the average sales prices dropped by 0.2% (it was down by 1.4% last month).

The inventory of available homes for sale increased by 6.6% from last year.  This is a 4.1 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (April 2017 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 Single Family Homes April 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes April 2019 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.

April 2019 Florida Single Family Homes Market Report