Search Results for: st lucie county market report

St Lucie County Townhouses and Condos March 2019 Market Report

05.10.19 by

St Lucie County Townhouses and Condos March 2019 Market Report

The St Lucie County Townhouses and Condos March 2019 Market Report had a weaker month of sales when compared to last year.  Closed sales were down by 15.3% from last year (were down by 13.0% in February) while new pending sales were down by 14.7% for March (they were down by 4.1% in February).

Prices were up for the month.  The median price increased by 15.3% from last year (was down by 22.8% in February) while the average sales price increased by 10.1% (was down by 12.5% in February).

The inventory of available townhouses and condos decreased by 13 units from last month to 623 units, which is 8.3% greater than March 2018. The current inventory is 6.1 months, as compared to 5.6 months of inventory last year.  The St Lucie County townhouses and condos market remains in a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos March 2019 Market Report

Click here to view or download the full report:
St Lucie County 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.

St Lucie County Townhouses and Condos March 2019 Market Report

St Lucie County Single Family Homes March 2019 Market Report

05.09.19 by

St Lucie County Single Family Homes March 2019 Market Report

St Lucie County Single Family Homes March 2019 Market Report had mixed sales activity when compared to last year. Closed sales were up by 1.6% (in February they were down by 7.8%) and new sales under contract (new pending sales) decreased by 9.7% (they were down by 4.6% last month).

Prices were also mixed for the month.  The median sales price was up by 4.3% (was up by 9.6% in February).  The average sales price was down by 1.4% (it was up by 6.4% in February).

The number of available home listings decreased by 67 homes to 2,104 homes.  This inventory is 27.6% higher than last year.  The current supply of homes is 4.6 months (it was 3.6 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes 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.

St Lucie County Single Family Homes March 2019 Market Report

St Lucie County Townhouses and Condos February 2019 Market Report

04.11.19 by

St Lucie County Townhouses and Condos February 2019 Market Report

The St Lucie County Townhouses and Condos February 2019 Market Report had a weaker month of sales when compared to last year.  Closed sales were down by 13.0% from last year (were up by 45.6% in January) while new pending sales were down by 4.1% for February (they were down by 12.7% in January).

Prices were also down for the month.  The median price decreased by 22.8% from last year (was up by 19.4% in January) while the average sales price decreased by 12.5% (was down by 4.0% in January).

The inventory of available townhouses and condos increased by 39 units from last month to 636 units, which is 9.5% greater than February 2018. The current inventory is 6.1 months, as compared to 5.7 months of inventory last year.  The St Lucie County townhouses and condos market has transitioned into a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos February 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos February 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.

St Lucie County Townhouses and Condos February 2019 Market Report

St Lucie County Single Family Homes February 2019 Market Report

04.10.19 by

St Lucie County Single Family Homes February 2019 Market Report

St Lucie County Single Family Homes February 2019 Market Report had weaker sales activity when compared to last year. Closed sales were down by 7.8% (in January they were down by 11.8%) and new sales under contract (new pending sales) decreased by 4.6% (they were also down by 4.6% last month).

Prices. though, continued to rise, though at a more sustainable pace.  The median sales price was up by 9.6% (was up by 5.4% in January).  The average sales price was up by 6.4% (it was up by 5.0% in January).

The number of available home listings decreased by 3 homes to 2,171 homes.  This inventory is 22.8% higher than last year.  The current supply of homes is 4.8 months (it was 3.8 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes February 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.

St Lucie County Single Family Homes February 2019 Market Report

St Lucie County Townhouses and Condos January 2019 Market Report

03.16.19 by

St Lucie County Townhouses and Condos January 2019 Market Report

The St Lucie County Townhouses and Condos January 2019 Market Report had an unexpectedly large jump in closed sales while new pending sales were off.  Closed sales were up by 45.6% from last year (was down by 22.0% in December) while new pending sales were down by 12.7% for January (they were unchanged in December).

Prices were mixed for the month.  The median price increased by 19.4% from last year (was down by 22.4% in December) while the average sales price decreased by 4.0% (was down by 6.9% in December).

The inventory of available townhouses and condos increased by 43 units from last month to 597 units, which is 5.1% greater than January 2018. The current inventory is 5.7 months, which is the same as the 5.7 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos January 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos January 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.

St Lucie County Townhouses and Condos January 2019 Market Report

St Lucie County Single Family Homes January 2019 Market Report

03.15.19 by

St Lucie County Single Family Homes January 2019 Market Report

St Lucie County Single Family Homes January 2019 Market Report had weaker sales activity when compared to last year. Closed sales were down by 11.8% (in December they were down by 17.2%) and new sales under contract (new pending sales) decreased by 4.6% (they were down by 7.2% last month).

Prices. though, continued to rise, though at a more sustainable pace.  The median sales price was up by 5.4% (was up by 5.5% in December).  The average sales price was up by 5.0% (it was down by 6.6% in December).

The number of available home listings increased by 259 homes to 2,174 homes.  This inventory is 24.4% higher than last year.  The current supply of homes is 4.8 months (it was 3.8 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes January 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.

St Lucie County Single Family Homes January 2019 Market Report

St Lucie County Townhouses and Condos December 2018 Market Report

02.05.19 by

St Lucie County Townhouses and Condos December 2018 Market Report

The St Lucie County Townhouses and Condos December 2018 Market Report had weaker activity when compared to last year but remains an active market.  Closed sales were down by 22.0% from last year (was down by 11.2% in November) while new pending sales were unchanged for December (were up by 1.1% in November).

Prices were mixed for the month.  The median price increased by 22.4% from last year (was down by 10.3% in November) while the average sales price decreased by 6.9% (was down by 7.7% in November).

The inventory of available townhouses and condos increased by 7 units from last month to 554 units, which is 7.4% greater than December 2017. The current inventory is 5.4 months, which is 5.9% greater than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos December 2018 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.

 

St Lucie County Townhouses and Condos December 2018 Market Report

St Lucie County Single Family Homes December 2018 Market Report

02.04.19 by

St Lucie County Single Family Homes December 2018 Market Report

St Lucie County Single Family Homes December 2018 Market Report had weaker sales activity when compared to last year. Closed sales were down by 17.2% (in November they were up by 4.2%) and new sales under contract (new pending sales) decreased by 7.2% (they was down by 12.6% last month).

Prices. though, continued to rise.  The median sales price was up by 5.5% (was up by 1.4% in November).  The average sales price was up by 6.6% (it was down by 0.8% in November).

The number of available home listings decreased by 41 homes to 1,915 homes.  This inventory is 20.8% higher than last year.  The current supply of homes is 4.2 months (it was 3.4 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes December 2018 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.

 

St Lucie County Single Family Homes December 2018 Market Report

St Lucie County Townhouses and Condos November 2018 Market Report

01.09.19 by

St Lucie County Townhouses and Condos November 2018 Market Report

The St Lucie County Townhouses and Condos November 2018 Market Report had weaker activity when compared to last year but is still an active market.  Closed sales were down by 11.2% from last year (was down by 1.0% in October) while new pending sales were up by 1.1% for November (were down by 24.6% in October).

Prices were down for the month.  The median price decreased by 10.3% from last year (was up by 11.0% in October) while the average sales price decreased by 7.7% (was down by 3.1% in October).

The inventory of available townhouses and condos increased by 8 units from last month to 547 units, which is 10.1% greater than November 2017. The current inventory is 5.3 months, which is 10.1% grweater than the 5.0 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos November 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos November 2018 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.

 

St Lucie County Townhouses and Condos November 2018 Market Report

St Lucie County Single Family Homes November 2018 Market Report

01.08.19 by

St Lucie County Single Family Homes November 2018 Market Report

St Lucie County Single Family Homes November 2018 Market Report continues to show some improvemnt when compared to last year, but also some potential weak spots.  Closed sales were up by 4.2% (in October they were up by 7.0%) and new sales under contract (new pending sales) decreased by 12.6% (they was down by 7.6% last month).

Prices were mixed this month.  The median sales price was up by 1.4% (was up by 4.8% in October).  The average sales price was down by 0.8% (it was up by 8.6% in October).

Listings increased by 122 homes up to 1,956 homes on the market.  This inventory is 20.5% higher than last year.  The current supply of homes is 4.2 months (it was 3.5 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes November 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes November 2018 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.

 

St Lucie County Single Family Homes November 2018 Market Report

St Lucie County Townhouses and Condos October 2018 Market Report

12.13.18 by

St Lucie County Townhouses and Condos October 2018 Market Report

The St Lucie County Townhouses and Condos October 2018 Market Report had weaker activity when compared to last year but remains an active market.  Closed sales were down by 1.0% from last year (was down by 3.7% in September) while new pending sales were down by 24.6% for October (was up by 5.3% in September).

Prices were mixed for the month.  The median price increased by 11.0% from last year (was up by 31.6% in September) while the average sales price decreased by 3.1% (was up by 38.6% in September).

The inventory of available townhouses and condos increased by 36 units from last month to 539 units, which is 21.1% greater than October 2017. The current supply is 5.1 months, which is 13.3% more than the 4.5 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos October 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos October 2018 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.

 

St Lucie County Townhouses and Condos October 2018 Market Report

St Lucie County Single Family Homes October 2018 Market Report

12.12.18 by

St Lucie County Single Family Homes October 2018 Market Report

St Lucie County Single Family Homes October 2018 Market Report had strong sales activity when compared to last year but new pending sales declined.  Closed sales were up by 7.0% (in September they were up by 10.1%) and new sales under contract (new pending sales) decreased by 7.6% (they were up by 33.1% last month).

Prices continued to rise.  The median and average sales prices up by 4.8% and 8.6% respectively from last October (For September these numbers were up 12.2% and 5.5%).

Active listings increased by 100 homes up to 1,834 homes.  This inventory is 17.0% higher than last year.  The current supply of homes is  3.9 months (was 3.7 months for September) and 3.4 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes October 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes October 2018 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.

 

St Lucie County Single Family Homes October 2018 Market Report

St Lucie County Townhouses and Condos September 2018 Market Report

11.08.18 by

St Lucie County Townhouses and Condos September 2018 Market Report

The St Lucie County Townhouses and Condos September 2018 Market Report had mixed sales activity when compared to last year but remains an active market.  Closed sales were down by 3.7% from last year (was up by 32.7% in August) while new pending sales were up by 5.3% for September (was down by 5.1% in August).

Prices took an unexpected large jump for the month.  The median price increased by 31.6% from last year (was down by 11.0% in August) while the average sales price increased by 38.6% (was up by 19.6% in August).

The inventory of available townhouses and condos increased by 13 units from last month to 506 units, which is 16.6% greater than September 2017. The current supply is 4.8 months, which is 6.7% more than the 4.5 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos September 2018 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.

 

St Lucie County Townhouses and Condos September 2018 Market Report

St Lucie County Single Family Homes September 2018 Market Report

11.07.18 by

St Lucie County Single Family Homes September 2018 Market Report

St Lucie County Single Family Homes September 2018 Market Report continued to show strong sales activity when compared to last year.  Closed sales were up by 10.1% (in August they were up by 14.1%) and new sales under contract (new pending sales) increased by 33.1% (they were down by 5.8% last month).

Prices also continued to rise.  The median and average sales prices up by 12.2% and 5.5% respectively from last September (For August these numbers were up 9.8% and 8.7%).

Active listings increased by 101 homes up to 1,734 homes.  This inventory is 10.8% higher than last year.  The current supply of homes is  3.7 months (was 3.6 months for August) and 3.5 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes September 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes September 2018 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.

 

St Lucie County Single Family Homes September 2018 Market Report

St Lucie County Townhouses and Condos August 2018 Market Report

10.10.18 by

St Lucie County Townhouses and Condos August 2018 Market Report

The St Lucie County Townhouses and Condos August 2018 Market Report showed better sales activity when compared to last year and remain as a very active market.  Closed sales were up by 32.7% from last year (was down by 13.5% in July) while new pending sales were down by 5.1% for August (was up by 1.8% in July).

Prices were mixed for the month.  The median price decreased by 11.0% from last year (was up by 20.9% in July) while the average sales price increased by 19.6% (was up by 5.3% in July).

The inventory of available townhouses and condos increased by 9 units from last month to 493 units, which is 11.8% greater than August 2017. The current supply is 4.7 months, which is 4.4% more than the 4.5 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos August 2018 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.

 

St Lucie County Townhouses and Condos August 2018 Market Report

St Lucie County Single Family Homes August 2018 Market Report

10.09.18 by

St Lucie County Single Family Homes August 2018 Market Report

St Lucie County Single Family Homes August 2018 Market Report had mixed sales activity when compared to last year, but remains a very strong real estate market.  Closed sales were up by 14.1% (in July they were down by 3.9%) and new sales under contract (new pending sales) decreased by 5.8% (they were up by 2.5% last month).

Prices, however, continued to rise.  The median and average sales prices up by 9.8% and 8.7% respectively from last August (For July these numbers were up 5.1% and 4.1%).

Active listings increased by 63 homes up to 1,633 homes.  This inventory is 2.6% higher than last year.  The current supply of homes is  3.6 months (was 3.5 months for July) and also 3.5 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes August 2018 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.

 

St Lucie County Single Family Homes August 2018 Market Report

St Lucie County Townhouses and Condos July 2018 Market Report

09.13.18 by

St Lucie County Townhouses and Condos July 2018 Market Report

TheSt Lucie County Townhouses and Condos July 2018 Market Report showed better sales activity when compared to last year and remains as an active market.  Closed sales were up by 13.5% from last year (was down by 18.7% in June) while new pending sales were up by 1.8% for July (was down by 2.4% in June).

Prices, though, rose for the month.  The median price increased by 20.9% from last year (was down by 16.6% in June) while the average sales price increased by 5.3% (was down by 6.3% in June).

The inventory of available townhouses and condos decreased by 40 units from last month to 484 units, which is 3.0% less than July 2017. The current supply is 4.7 months, which is 7.8% less than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos July 2018 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.

 

St Lucie County Townhouses and Condos July 2018 Market Report

St Lucie County Single Family Homes July 2018 Market Report

09.12.18 by

St Lucie County Single Family Homes July 2018 Market Report

St Lucie County Single Family Homes July 2018 Market Report had mixed sales activity when compared to last year, but remains a very strong real estate market.  Closed sales were down by 3.9% (in June they were down by 9.3%) and new sales under contract (new pending sales) increased by 2.5% (they were up by 0.4% last month).

Prices, however, continued to rise.  The median and average sales prices up by 5.1% and 4.1% respectively from last July (For June these numbers were up 12.4% and 8.7%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 64 homes down to 1,570 homes.  This inventory is 2.7% lower than last year.  The current supply of homes is  3.5 months (was 3.3 months for June) and also 3.5 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes July 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes July 2018 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.

 

St Lucie County Single Family Homes July 2018 Market Report

St Lucie County Townhouses and Condos June 2018 Market Report

08.08.18 by

St Lucie County Townhouses and Condos June 2018 Market Report

TheSt Lucie County Townhouses and Condos June 2018 Market Report showed weaker sales activity when compared to last year, but remains as an active market.  Closed sales were down by 18.7% from last year (was up by 10.2% in May) while new pending sales were down by 2.4% for June (was down by 14.6% in May).

Prices were also down from the same period last year.  The median price increased by 16.6% from last year (was up by 7.5% in May) while the average sales price decreased by 6.3% (was down by 1.4% in May).  After a long period of increasing prices, if this trend continues, this could be a signal for a change for this segment of the St. Lucie County real estate market.

The inventory of available townhouses and condos decreased by 7 units from last month to 524 units, which is 3.6% less than June 2017. The current supply is 5.2 months, which is 1.9% less than the 5.3 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos June 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos June 2018 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.

 

St Lucie County Townhouses and Condos June 2018 Market Report

St Lucie County Single Family Homes June 2018 Market Report

08.07.18 by

St Lucie County Single Family Homes June 2018 Market Report

St Lucie County Single Family Homes June 2018 Market Report had mostly weaker sales activity when compared to last year, but remains a very strong real estate market.  Closed sales were down by 9.3% (in May they were up by 1.0%) and new sales under contract (new pending sales) increased by 0.4% (they were down by 0.8% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 12.4% and 8.7% respectively from last June (For May these numbers were up 8.8% and 7.8%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 77 homes down to 1,514 homes.  This inventory is 4.4% lower than last year.  The current supply of homes is  3.3 months (was 3.5 months for May) and also 3.5 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes June 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes June 2018 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.

 

St Lucie County Single Family Homes June 2018 Market Report