Residential Market Report for November 2010 in Martin County, Florida

Residential Market Report for November 2010 in Martin County, Florida.

The residential sales report for November showed an increase in the weakness of the real estate market.  Much of this is seasonal, as can be compared to past years’ fluctuations.  Average sales prices have continued their slide, but much of this is due to lower-priced inventory (smaller and older homes) sales and distressed property sales.

Interest rates have started to increase and this may result in at least a short-term increase in home sales, but more negative pressure on prices.

Data compiled from the Realtor Association of Martin County

Residential Market Report for November 2010 in Martin County, Florida

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

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