Search Results for: martin county single family

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 2021 3rd Quarter Report

11.12.21 by

Martin County Single Family Homes 2021 3rd Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data as reported by Martin County Realtors.

Martin County Single Family Homes 2021 3rd Quarter Report

The Martin County single-family home market had weaker sales volume when compared to the 3rd quarter of 2020, last year.   Prices, however, were higher than this period last year with strong gains. Currently, our biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the near future.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2021 3rd Quarter 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 2021 2nd Quarter Report

08.16.21 by

Martin County Single Family Homes 2021 2nd Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data as reported by Martin County Realtors.

Martin County Single Family Homes 2021 2nd Quarter Report

The Martin County single-family home market continues to show improved sales volume when compared to the 2nd quarter of 2020, last year.   Prices were also higher than this period last year with some very impressive gains. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Recent market reports:

Martin County Single Family Homes 2021 2nd Quarter 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 2021 1st Quarter Report

05.14.21 by

Martin County Single Family Homes 2021 1st Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data as reported by Martin County Realtors.

Martin County Single Family Homes 2021 1st Quarter Report

The Martin County single-family home market continues to show improved sales volume when compared to the 1st quarter of 2020, last year.   Prices were also higher than this period last year with some very impressive gains. Currently, the biggest issue is a very low inventory of available homes for sale.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Recent market reports:

Martin County Single Family Homes 2021 1st Quarter 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 Home Sales 2020 Yearly Review

02.21.21 by

Martin County Single Family Home Sales 2020 Yearly Review

The Martin County Single Family Home Sales for 2020 as reported by Florida Realtors showed stronger sales activity when compared to 2019.  Initially, after the pandemic hit, market activity slowed to a near standstill. This was followed by a very strong sellers’ market for the remainder of the year. Year to year closed sales were up by 10.5% (were down by 0.2% in 2019) and new sales under contract (new pending sales) increased by 17.7% (was up by 2.6% in 2019).

Martin County Single Family Home Sales 2020 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2019 to 2020) by 3.4% and 7.8% respectively.  This rate while positive is not as high as last year which was 3.1% and 1.1% respectively in 2019.

The inventory of available homes for sale decreased by 45.7% from 2019.  While the monthly supply of homes decreased to 2.2 months. A very strong seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2020 Yearly Review

Click here to view previous Martin County yearly reviews!

To view the complete 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:

Martin County Single Family Home Sales 2020 Yearly Review

Martin County Single Family Homes 2020 4th Quarter Report

02.15.21 by

Martin County Single Family Homes 2020 4th Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data as reported by Martin County Realtors.

Martin County Single Family Homes 2020 4th Quarter Report

The Martin County single-family home market has overcome the negative effects of the pandemic and is showing robust sales activity for this quarter. Both the sales volume and prices have increased when compared to last year.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Recent market reports:

Martin County Single Family Homes 2020 4th Quarter 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

Martin County Single Family Homes November 2020 Market Report

12.24.20 by

Martin County Single Family Homes November 2020 Market Report

The Martin County Single Family Homes Market Report continues to show strong activity. Closed sales were up by 38.5% from last month (were up by 34.0% in October).  While new pending sales increased by 43.8% as compared to last month when they increased by 36.9%.

Prices were also up for November.  The median sales price was up from last year by 22.6% (it was up by 9.3% in October) while the average sales price increased by 48.4% (it was up by 28.2% last month).

The inventory of available single-family homes decreased from last month by 9 homes to 498 homes for November. This is 42.4% less inventory than last November.  The current supply of homes is only 2.3 months.  For November of last year, it was a 4.4 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 November 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 November 2020 Market Report

Martin County Single Family Homes October 2020 Market Report

11.24.20 by

Martin County Single Family Homes October 2020 Market Report

The Martin County Single Family Homes Market Report continues to show strong activity. Closed sales were up by 34.0% from last month (were up by 27.9% in September).  While new pending sales increased by 36.9% as compared to last month when they increased by 24.0%.

Prices were also up for October.  The median sales price was up from last year by 9.3% (it was up by 4.9% in September) while the average sales price increased by a whopping 28.2% (it was up by 7.4% last month).

The inventory of available single-family homes decreased from last month by 31 homes to 507 homes for October. This is 43.5% less inventory than last October.  The current supply of homes is only 2.4 months.  For October 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 October 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 October 2020 Market Report

Martin County Single Family Homes 2020 3rd Quarter Report

11.16.20 by

Martin County Single Family Homes 2020 3rd Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data as reported by Martin County Realtors.

Martin County Single Family Homes 2020 3rd Quarter Report

The Martin County single-family home market has overcome the negative effects of the pandemic and is showing robust sales activity for this quarter. Both the sales volume and prices have increased when compared to last year.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Recent market reports:

Martin County Single Family Homes 2020 3rd Quarter Report

Martin County Single Family Homes September 2020 Market Report

10.27.20 by

Martin County Single Family Homes September 2020 Market Report

The Martin County Single Family Homes Market Report continues to show strong activity. The current Covid-19 pandemic is not having any effect other than depressing inventory. Closed sales were up by 27.9% from last month (were up by 24.6% in August).  While new pending sales increased by 41.0% as compared to last month when they increased by 24.0%.

Prices were also up for September.  The median sales price was up from last year by 4.9% (it was up by 15.2% in August) while the average sales price increased by a whopping 7.4% (it was up by 57.4% last month).

The inventory of available single-family homes decreased from last month by 21 homes to 538 homes for September. This is 38.2% less inventory than last September.  The current supply of homes is 2.6 months.  For September 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 September 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 September 2020 Market Report