Search Results for: florida townhouses and condos market report

Florida Townhouses and Condos October 2020 Market Report

11.23.20 by

Florida Townhouses and Condos October 2020 Market Report

Florida Townhouses and Condos market is continuing to recover strongly from the effects of the current pandemic. Closed sales were up by 30.3% as compared to last month’s increase of 25.3%.  New sales under contract (new pending sales) increased by 29.5% (In September there was a 43.0% increase).

Prices were also up for October.  The median sales price was up by 15.9% (was up by 12.7% in September). While the average sales price increased by 15.2% (was up 16.4% in September).

The inventory of active listings decreased by 11.8% from October of last year.  This results in 4.9 months of inventory as compared to 5.5 months for October 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos October 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos October 2020 Market Report

Florida Townhouses and Condos September 2020 Market Report

10.26.20 by

Florida Townhouses and Condos September 2020 Market Report

Florida Townhouses and Condos market is recovering strongly from the effects of the current pandemic. Closed sales were up by 25.3% as compared to last month’s increase of 10.3%.  New sales under contract (new pending sales) increased by 43.0% (In August there was a 20.7% increase).

Prices were also up for September.  The median sales price was up by 12.7% (was up by 14.5% in August). While the average sales price increased by 16.4% (was up 14.6% in August).

The inventory of active listings decreased by 7.4% from September of last year.  This results in 5.1 months of inventory as compared to 5.3 months for September 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos September 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos September 2020 Market Report

Florida Townhouses and Condos August 2020 Market Report

09.24.20 by

Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 10.3% as compared to last month’s increase of 6.5%.  New sales under contract (new pending sales) increased by 20.7% (In July there was a 19.3% increase).

Prices also increased for August.  The median sales price was up by 14.5% (was up by 11.7% in July), while the average sales price increased by 14.6% (was up 12.8% in July).

The inventory of active listings decreased by 5.6% from August of last year.  This results in 5.3 months of inventory as compared to 5.4 months for August 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos July 2020 Market Report

08.22.20 by

Florida Townhouses and Condos July 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 6.5% as compared to last month’s decrease of 10.9%.  New sales under contract (new pending sales) increased by 19.3% (In June there was a 19.8% increase).

Prices increased for July.  The median sales price was up by 11.7% (was up by 7.7% in June), while the average sales price increased by 12.8% (was up 7.3% in June).

The inventory of active listings decreased by 4.5% from July of last year.  This results in 5.6 months of inventory as compared to 5.5 months for July 2019.  Moving back into a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos July 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos July 2020 Market Report

Florida Townhouses and Condos June 2020 Market Report

07.23.20 by

Florida Townhouses and Condos June 2020 Market Report

Florida Townhouses and Condos market is still showing some effects of the current pandemic, but not as bad as last month. Closed sales were down by 10.9% as compared to last month’s decrease of 50.3%.  New sales under contract (new pending sales) increased by 19.8% (In May there was an 16.8% decrease).

Prices, however, increased for May.  The median sales price was up by 7.7% (was up by 3.3% in May), while the average sales price increased by 7.3% (was up 1.0% in May).

The inventory of active listings decreased by 5.9% from June of last year.  This results in 5.7 months of inventory as compared to 5.7 months for June 2019.  Moving back into a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos June 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos June 2020 Market Report

Florida Townhouses and Condos May 2020 Market Report

06.24.20 by

Florida Townhouses and Condos May 2020 Market Report

Florida Townhouses and Condos 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 50.3% as compared to last month’s decrease of 36.5%.  New sales under contract (new pending sales) decreased by 16.8% (In April there was an 56.6% decrease).

Prices, however, increased for April.  The median sales price was up by 3.3% (was up by 7.7% in April), while the average sales price increased by 1.0% (was up 0.7% in April).

The inventory of active listings decreased by 4.3% from April of last year.  This results in 6.0 months of inventory as compared to 5.9 months for March 2019.  Moving into a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos May 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos May 2020 Market Report

Florida Townhouses and Condos April 2020 Market Report

05.22.20 by

Florida Townhouses and Condos April 2020 Market Report

Florida Townhouses and Condos 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 36.5% as compared to last month’s increase of 4.7%.  New sales under contract (new pending sales) decreased by 56.6% (In February there was an 35.0% decrease).

Prices, however, increased for April.  The median sales price was up by 7.7% (was up by 10.8% in March), while the average sales price increased by 0.7% (was up 7.2% in March).

The inventory of active listings decreased by 6.9% from April of last year.  This results in 5.7 months of inventory as compared to 6.1 months for March 2019.  Remaining 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.

Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos April 2020 Market Report

Florida Townhouses and Condos March 2020 Market Report

04.24.20 by

Florida Townhouses and Condos March 2020 Market Report

Florida Townhouses and Condos 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 4.7% as compared to last month’s increase of 10.8%.  New sales under contract (new pending sales) decreased by 35.0% (In February there was an 13.9% increase).

Prices were up for March.  The median sales price was up by 10.8% (was up by 6.7% in February), while the average sales price increased by 7.2% (was up 2.6% in February).

The inventory of active listings decreased by 8.5% from March of last year.  This results in 5.5 months of inventory as compared to 6.3 months for March 2019.  Remaining 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 March 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos March 2020 Market Report

Florida Townhouses and Condos February 2020 Market Report

03.24.20 by

Florida Townhouses and Condos February 2020 Market Report

For February 2020, Florida Townhouses and Condos continued the new year with strong sales activity.  Closed sales were up by 10.8% as compared to last month’s increase of 14.5%.  New sales under contract (new pending sales) increased by 13.9% (In January there was an 14.3% increase).

Prices were also up for February.  The median sales price was up by 6.7% (was up by 8.1% in January), while the average sales price increased by 2.6% (was up 7.5% in January).

The inventory of active listings decreased by 13.1% from February of last year.  This results in 5.4 months of inventory as compared to 6.4 months for February 2019.  Remaining 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 February 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos February 2020 Market Report

Florida Townhouses and Condos January 2020 Market Report

03.03.20 by

Florida Townhouses and Condos January 2020 Market Report

For January 2020, Florida Townhouses and Condos began 2020 with strong sales activity.  Closed sales were up by 14.5% as compared to last month’s increase of 17.7%.  New sales under contract (new pending sales) increased by 14.3% (In December there was an 8.3% increase).

Prices were also up for January.  The median sales price was up by 8.1% (was up by 9.6% in December), while the average sales price increased by 7.5% (was up 11.5% in December).

The inventory of active listings decreased by 11.7% from January of last year.  This results in 5.5 months of inventory as compared to 6.3 months for January 2019.  Remaining 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 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent market reports:

Florida Townhouses and Condos January 2020 Market Report

Florida Townhouses and Condos December 2019 Market Report

01.24.20 by

Florida Townhouses and Condos December 2019 Market Report

For December 2019, Florida Townhouses and Condos ended 2019 with very strong sales activity.  Closed sales were up by 17.7% as compared to last month’s decrease of 6.3%.  New sales under contract (new pending sales) increased by 8.3% (In November there was an 8.6% increase).

Prices were also up for December.  The median sales price was up by 8.1% (was up by 5.4% in November), while the average sales price increased by 11.5& (was up 1.9% in November).

The inventory of active listings decreased by 9.7% from December of last year.  This results in 5.2 months of inventory as compared to 5.8 months for December 2018.  Remaining 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 2019 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 2019 Market Report

Recent Posts:

Florida Townhouses and Condos November 2019 Market Report

12.23.19 by

Florida Townhouses and Condos November 2019 Market Report

For November 2019, Florida Townhouses and Condos had mixed sales results when compared to last November.  Closed sales were down by 6.3% as compared to last month’s decrease of 0.5%.  New sales under contract (new pending sales) increased by 8.6% (In October there was a 4.2% increase).

Prices, though, were up for November.  The median sales price was up by 5.4% (was up by 5.8% in October), while the average sales price increased by 1.9% (was up 2.9% in October).

The inventory of active listings decreased by 7.1% from November of last year.  We now have 5.5 months of inventory as compared to 5.7 months for November 2018.  Remaining 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 2019 Market Report

Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Posts:

Florida Townhouses and Condos November 2019 Market Report

Florida Townhouses and Condos October 2019 Market Report

12.10.19 by

Florida Townhouses and Condos October 2019 Market Report

For October 2019, Florida Townhouses and Condos had mixed sales results when compared to last October.  Closed sales were down by 0.5% as compared to last month’s increase of 6.1%.  New sales under contract (new pending sales) increased by 4.2% (In September there was a 0.4% decrease).

Prices, though, were up for October.  The median sales price was up by 5.8% (was also up by 5.8% in September), while the average sales price increased by 2.9% (was up 1.3% in September).

The inventory of active listings decreased by 3.7% from October of last year.  We now have 5.4 months of inventory as compared to 5.5 months for October 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2019 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.

View previous Florida townhouses and condo market reports by clicking this link.

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 2019 Market Report

Florida Townhouses and Condos September 2019 Market Report

11.01.19 by

Florida Townhouses and Condos September 2019 Market Report

For September 2019, Florida Townhouses and Condos had mixed sales results when compared to last September.  Closed sales were up by 6.1% as compared to last month’s decrease of 2.9%.  New sales under contract (new pending sales) decreased by 0.4% (In August there was a 1.4% decrease).

Prices, though, were up for September.  The median sales price was up by 5.8% (was up by 2.7% in August), while the average sales price increased by 1.3% (was up 3.1% in August).

The inventory of active listings decreased by 0.6% from September of last year.  We now have 5.3 months of inventory which is the same as the 5.3 months for September 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos September 2019 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.

View previous Florida townhouses and condo market reports by clicking this link.

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 2019 Market Report

Florida Townhouses and Condos August 2019 Market Report

10.03.19 by

Florida Townhouses and Condos August 2019 Market Report

The August Florida Townhouses and Condos Market Report had a slightly less active month for sales when compared to last August.  Closed sales were down by 2.9% as compared to last month’s increase of 4.3% and new sales under contract (new pending sales) decreased by 1.4% (In July there was a 3.3% increase).

Prices, though, were up for August.  The median sales price was up by 2.7% (was up by 4.4% in July), while the average sales price increased by 3.1% (was up 4.1% in July).

The inventory of active listings increased by 0.5% from August of last year.  We now have 5.4 months of inventory as compared to 5.3 months for August 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos August 2019 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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

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

Florida Townhouses and Condos July 2019 Market Report

09.06.19 by

Florida Townhouses and Condos July 2019 Market Report

The Florida Townhouses and Condos Market Report for July 2019 had a positive month with improved activity when compared to last July.  Closed sales were up by 4.3% as compared to last month’s decrease of 9.4% and new sales under contract (new pending sales) increased by 3.3% (In June there was a 1.5% decrease).

Prices were also up for the month of July.  The median sales price was up by 4.4% (was up by 2.6% in June), while the average sales price increased by 4.1% (was down 4.0% in June).

The inventory of active listings increased by 3.4% from July of last year.  We now have 5.5 months of inventory as compared to 5.3 months for July 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos July 2019 Market Report

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

Florida Townhouses and Condos July 2019 Market Report

Florida Townhouses and Condos June 2019 Market Report

08.02.19 by

Florida Townhouses and Condos June 2019 Market Report

The Florida Townhouses and Condos Market Report for June 2019 had weaker sales activity when compared to last June.  Closed sales were down by 9.4% as compared to last month’s increase of 1.6% and new sales under contract (new pending sales) decreased by 1.5% (In May there was a 0.5% increase).

Prices were mixed for the month of June.  The median sales price was up by 2.6% (was up by 3.7% in May), while the average sales price decreased by 4.0% (was down 1.2% in May).

The inventory of active listings increased by 4.6% from June of last year.  We now have 5.7 months of inventory as compared to 5.5 months for June 2018.  Remaining 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.

Florida Townhouses and Condos June 2019 Market Report

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

Florida Townhouses and Condos June 2019 Market Report

Florida Townhouses and Condos May 2019 Market Report

07.08.19 by

Florida Townhouses and Condos May 2019 Market Report

The Florida Townhouses and Condos Market Report for May 2019 had slightly stronger sales activity when compared to last May.  Closed sales were up by 1.6% as compared to last month’s increase of 3.2% and new sales under contract (new pending sales) increased by 0.5% (In April there was a 0.8% decrease).

Prices were mixed for the month of May.  Median sales price was up by 3.7% (was up by 3.6% in April), while the average sales price decreased by 1.2% (was up 3.1% in April).

The inventory of active listings increased by 4.8% from May of last year.  We now have 5.9 months of inventory as compared to 5.7 months for May 2018.  Drifting back into 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.

Florida Townhouses and Condos May 2019 Market Report

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

Florida Townhouses and Condos May 2019 Market Report

Florida Townhouses and Condos April 2019 Market Report

06.10.19 by

Florida Townhouses and Condos April 2019 Market Report

The Florida Townhouses and Condos Market Report for April 2019 had stronger sales activity when compared to last April.  Closed sales were up by 3.2% as compared to last month’s decrease of 6.1% and new sales under contract (new pending sales) decreased by 0.8% (In March there was a 3.1% increase).  A little stronger showing than in the past few months.

Prices continue to rise, though at a more moderate pace than in the past few years.  Median sales prices were up by 2.1% (was up by 3.6% in March), while the average sales price increased by 3.1% (was up 6.3% in March).

The inventory of active listings increased by 6.4% from April of last year.  We now have 6.1 months of inventory as compared to 5.8 months for April 2018.  Remaining in a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos April 2019 Market Report

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

Florida Townhouses and Condos April 2019 Market Report

Florida Townhouses and Condos March 2019 Market Report

05.03.19 by

Florida Townhouses and Condos March 2019 Market Report

The Florida Townhouses and Condos Market Report for March 2019 had weaker sales activity when compared to last March.  Closed sales were down by 6.1% as compared to last month’s decrease of 5.7% and new sales under contract (new pending sales) increased by 1.0% (In February there was a 3.1% decrease).  These decreases are considerably less severe than last month.

Prices, however, continue to rise for March though at a much more reasonable pace than most of last year.  Median sales prices were up by 3.6% (was up by 4.7% in February), while the average sales price increased by 6.3% (was up 3.7% in February).

The inventory of active listings increased by 6.6% from March of last year.  We now have 6.3 months of inventory as compared to 6.0 months for March 2018.  Remaining in a balanced 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 March 2019 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 March 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.

Florida Townhouses and Condos March 2019 Market Report