Search Results for: Martin County Single Family Homes Market Report

St Lucie County Single Family Homes June 2017 Market Detail

08.02.17 by

St Lucie County Single Family Homes June 2017 Market Detail

St Lucie County Single Family Homes Market Detail for June 2017 showed weaker activity as compared to last June. Closed sales were unchanged (in May they were up by 10.0%) and new sales under contract (new pending sales) decreased by 10.6% (they were up by 9.2% last month).

Prices, however, continued to rise.  The median and average sales prices up by 10.7% and 4.5% respectively from last June (For May these numbers were up 16.5% and 16.5%).  These price increases are making home affordability an issue in St Lucie County.

Active listings decreased by 8 homes down to 1,583 homes.  This inventory is 5.1% higher than last year.  The current supply of homes is at 3.5 months (was also 3.5 months for May)  This is 6.1% higher than 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.

July 2017 St Lucie County Single Family Homes Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes June 2017 Market Detail

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 2017 Market Detail

Florida Single Family Homes June 2017 Market Detail

07.27.17 by

Florida Single Family Homes June 2017 Market Detail

The Florida Single Family Homes Market Detail for June 2017 continues to improve as compared to last June.  Closed sales were up by 4.3% (were up by 7.6% in May) and new sales under contract (new pending sales) were up by 2.2% (were up by 5.0% in May).

Both the median and average sales prices continued to rise when compared to last year.  Up by 8.9% and 7.3% respectively, compared to May’s 7.7% and 8.3%.

The inventory of available homes for sale fell by 3.1% from last year.  For June there was a 3.9 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (June of 2016 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

June 2017 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2017 Market Detail

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

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

Florida Single Family Homes June 2017 Market Detail

The Florida Club July 2017 Market Report

07.19.17 by

The Florida Club July 2017 Market Report

Stuart, Florida

As of July 2017, there are 6 Florida Club homes for sale.  List prices range from $264,900 up to $449,000 for an average list price of $377,869 which works out to $183.55 per sq. ft. of living area.

There are 4 homes under contract awaiting the completion of their sales.  List prices ranged from $364,900 to $524,900 for an average list price of  $433,425 or $183.31 per sq. ft of living area.  These homes averaged 49 days on the market before going under contract.

In the past 12 months, 36 homes have sold in the Florida Club with sales prices ranging from $237,500 to $482,000 for an average sales price of $342,447 which equals $167.11 per square foot of living area.  The average days on market was 99 days with a 97% list to sales price ratio.

About the Florida Club:

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes.  113 homes in the estates section of the Florida Club featuring larger lots and spacious estate sized homes.  Many with both lake or golf course views and a few with both.  The remaining Florida Club homes feature either single family or attached one story villas, many also with golf course and/or lake views.  Residents of the Florida Club can enjoy daily golf or if the wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership.  Additionally for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

For more information about golf at the Florida Club July 2017 Market Report please visit their web site: Florida Club Web Site and watch their welcome video below:

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The Florida Club July 2017 Market Report

Sunset Trace Palm City June 2017 Market Report

06.28.17 by

Sunset Trace Palm City June 2017 Market Report

As of June 2017, there are 4 active townhomes for sale in Sunset Trace.  List prices range from $137,000 up to $165,900 which works out to an average list price of  S149,225 or $116.03 per square foot of living area.

There are also 4 homes under contract and awaiting settlement.  The listing prices range from $145,900 up to $184,900 for an average list price of $162,950 which equals $120.51 per sq. ft. of living area.  These homes were on the market for an average of 48 days prior to going under contract.

In the past 12 months, 24 homes have sold in Sunset Trace.  Sales prices ranged from $96,439 to $151,000 for an average sales price of $135,331 which equals $104.11 per sq. ft. of living area.  These homes sold for an average of 97% of their final list price and went under contract in an average of 14 days of being on the market.

 About Sunset Trace in Palm City FL:

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  And only a 15 minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community:   DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary School, Hidden Oaks Middle School and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and carefree.

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City June 2017 Market Report

St Lucie County Single Family Homes May 2017 Market Detail

06.27.17 by

St Lucie County Single Family Homes May 2017 Market Detail

St Lucie County Single Family Homes Market Detail for May 2017showed continued growth when compared to last May. Closed sales were up by 10.0% (in April they were down by 0.6%) and new sales under contract (new pending sales) increased by 9.2% (they were down by 5.5% last month).

Prices, also, continue to show increases.  The median and average sales prices up by 16.5% and 16.5% respectively from last May (For April these numbers were up 14.3% and 7.0%).  These price increases are making home affordability an issue in St Lucie County.

Active listings decreased by 59 homes down to 1,591 homes.  This inventory is 4.1% lower than last year.  The current supply of homes is at 3.5 months (was 3.7 months for April)  This is 2.8% lower than 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 May 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes May 2017 Market Detail

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 May 2017 Market Detail

Martin County Single Family Homes May 2017 Market Detail

06.25.17 by

Martin County Single Family Homes May 2017 Market Detail

The Martin County Single Family Homes Market Detail for May 2017 showed continued growth when compared to last May.  Closed sales were up by 8.3% (was down by 2.3% in April). New pending sales increased by 24.2% as compared to May of 2016 (Decreased by 18.2% in April).

Prices continued to rise with the median sales price up by 8.3% from last year (up by 2.8% in April) while the average price increased by 35.4% (was up by 0.8% last month).

The inventory of available single family homes decreased from last month by 9 homes to 1,036 units for May,  this is still 5.0% greater than last May.  The current supply of homes is 5.1 months, for May of last year it was a 4.8 months supply. (This is a 6.3% increase from last year).  Still a sellers’ market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes May 2017 Market Detail

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 2017 Market Detail

River Watch on Hutchinson Island June 2017 Market Report

06.24.17 by

River Watch on Hutchinson Island June 2017 Market Report

In June 2017, there are three homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.  These homes are listed for prices ranging from $625,000 up to $758,888 for an average list price of $676,296 which works out to $374.13 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 River Watch homes have sold.  Sales prices ranged from $325,000 up to $685,000 for an average sales price of $463,333 which is $249.29 per sq. ft. of living area.  These homes averaged 97 days on market before going under contract and sold for an average of 92% of list price.

About River Watch on Hutchinson Island:

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch.  These are single family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area and your very own private dock and access to the Intracoastal waterway which is also known as the Indian River.  There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

River Watch on Hutchinson Island

Most of these homes are waterfront with access to the Intracoastal Waterway, but suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors, so only human or electric power for that initial stretch of water.

River Watch on Hutchinson Island River Watch on Hutchinson Island

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply walking across the street to their private beach or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2017).

River Watch on Hutchinson Island River Watch on Hutchinson Island

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

Florida Single Family Homes May 2017 Market Detail

06.23.17 by

Florida Single Family Homes May 2017 Market Detail

The Florida Single Family Homes Market Detail for May 2017 had continued growth when compared to last May.  Closed sales were up by 7.6% (were down by 1.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were down by 4.4% in April).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.7% and 8.3% respectively, compared to April’s 10.3% and 8.3%.

The inventory of available homes for sale fell by 4.5% from last year.  For May there was a 4.0 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (May of 2016 had a 4.3 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes May 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes May 2017 Market Detail

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

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

Florida Single Family Homes May 2017 Market Detail

St Lucie County Single Family Homes April 2017 Market Detail

06.02.17 by

St Lucie County Single Family Homes April 2017 Market Detail

St Lucie County Single Family Homes Market Detail for April 2017showed weaker sales activity when compared to last April. Closed sales were down by 0.6% (in March they were up by 11.6%) and new sales under contract (new pending sales) decreased by 5.5% (they were up by 4.4% last month).

Prices, however, continue to show increases.  The median and average sales prices up by 14.3% and 7.0% respectively from last April (For March these numbers were up 15.7% and 14.9%).  I expect the rate of price increases to moderate some in the future, possibly even dip slightly.

Active listings decreased by 90 homes down to 1,650 homes.  This inventory is 3.4% lower than last year.  The current supply of homes is at 3.7 months (was 3.9 months for March)  This is 5.1% lower than 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 April 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes April 2017 Market Detail

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 April 2017 Market Detail

Martin County Single Family Homes April 2017 Market Detail

05.31.17 by

Martin County Single Family Homes April 2017 Market Detail

The Martin County Single Family Homes Market Detail for April 2017 showed weaker sales activity when compared to last April.  Closed sales were down by 2.3% (was up by 11.3% in March). New pending sales decreased by 18.2% as compared to April of 2016 (Decreased by 3.3% in March).

Prices continued to increase though at a much slower rate with the median sales price up by 2.8% from last year (up by 8.7% in March) while the average price increased by 0.8% (was up by 8.0% last month).

The inventory of available single family homes decreased from last month by 49 homes to 1,045 units for April,  this is still 4.2% greater than last April.  The current supply of homes is 5.2 months, for April of last year it was a 4.9 months supply. (This is a 6.1% increase from last year).  Still a sellers’ market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes April 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes April 2017 Market Detail

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 2017 Market Detail

Florida Single Family Homes April 2017 Market Detail

05.29.17 by

Florida Single Family Homes April 2017 Market Detail

The Florida Single Family Homes Market Detail for April 2017 showed weaker sales activity when compared to last April.  Closed sales were down by 1.2% (were up by 9.3% in March) and new sales under contract (new pending sales) were down by 4.4% (were up by 3.6% in March).

However, both the median and average sales prices continued to rise when compared to last year.  Up by 10.3% and 8.3% respectively, compared to March’s 10.4% and 11.3%.

The inventory of available homes for sale fell by 5.2% from last year.  For April there was a 4.0 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (April of 2016 had a 4.3 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes April 2017 Market Deta

Click here to view or download the full report:

Florida Single Family Homes April 2017 Market Detail

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

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

Florida Single Family Homes April 2017 Market Detail

Conquistador Market Report May 2017

05.22.17 by

Conquistador Market Report May 2017

Homes:  There is one home currently on the market in Conquistador Estates.  This home is listed for $257,900 or $179.85 per sq. ft. of living area.

There is also one home currently under contract.  This home had a list price of $315,000 or $162.12 per sq. ft. of living area and it was on the market for 24 days before going under contract.

In the past 12 months, there have been no sales in Conquistador Estates.

Condos:  There are currently 6 condos for sale in Conquistador.  Listing prices range from $120,000 to $189,000.  The average list price is $148,333 which equals $129.93 per sq. ft. of living area.

5 Condos are under contract awaiting settlement.  List prices were from $114,900 and $229,000 for an average of $153,560 which works out to 134.67 per sq. ft. of living area.  These condos were on the market for an average of 230 days prior to going under contract.

In the past 12 months, 22 condos have sold in Conquistador.  Sales prices ranged from $92,000 to $155,000 .  The average sales price was $122,205 which equals a per sq. ft. value of $111.15 and these sales averaged a 94% list to sales ratio as well as going under contract in an average of 120 days.

Conquistador homes and condos are in the the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single family homes (the estates section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main club house pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Homes in Conquistador

Search for available Condos in Conquistador

 For any questions you may have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Residential Homes, Condos and Land
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Conquistador Market Report May 2017

Oakbrooke Estates May 2017 Market Report

05.11.17 by

Oakbrooke Estates May 2017 Market Report

As of may 2017, there are 4 homes for sale in the Oakbrooke Estates community of Palm City in Martin County Florida.  The list prices for these homes range from $469,000 to $530,000 for an average list price of $503,475 which also equals $155.71 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, 10 Oakbrooke Estates homes have sold.  Sales prices were from $380,000 up to $499,000 and averaged $449,808 which equals $141.61 per sq. ft. of living area.  These 10 homes sold for 97% of the last list price and went under contract in an average of 69 days after being listed.

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City FL

Also known as Oakbrooke Estates Gardens.  Located on the north side of Martin Hwy (State Road 714) and just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike.  This community was built between 2003 and 2005 and consists of 70 single family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft. and all these homes come with with 3 car garages.

Oakbrooke Estates real estate in Palm City FL

Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs.  There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security.  The low HOA fees of $180 cover the common areas, security gate, trash pickup and basic cable TV.

Oakbrooke Estates real estate in Palm City FL

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle and Martin County High Schools.

Oakbrooke Estates real estate in Palm City FL

A wonderful family friendly community of newer palm City Homes.

Check here to see if any Oakbrooke estates homes are available for sale

 

Coral Lakes – May 2017 Market Report

05.02.17 by

Coral Lakes – May 2017 Market Report

For may 2017 there are two homes available for sale in Coral Lakes in Stuart FL.  These homes are listed for $305,000 and $390,000 for an average of $347,500 which is equal to $158.32 per sq. ft. of living area.

There is one home currently under contract in Coral Lakes.  This home was listed for $272,000 or $154.90 per sq. ft. of living area and was on the market for 32 days before going under contract.

Only one home has sold in the past 12 months Coral Lakes.  This home sold for $251,000 or $103.51 per sq. ft. of living area. It was on the market for only 6 days before going under contract  and sold for 108% of the list price.

About Coral Lakes:

Coral Lakes real estate in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart FL

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes real estate in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates and management (as of March 2017).  Many homes have private pools in these spacious single family home sites as well as other much desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways , and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.

 

St Lucie County Single Family Homes March 2017 Market Detail

04.30.17 by

St Lucie County Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes Market Detail for March 2017 showed improved activity for the month.  Closed sales were up by 11.6% (in February they were up by 5.1%) and new sales under contract (new pending sales) increased by 4.4% (they were down by 0.5% last month).

Prices continue to show very strong increases.  The median and average sales prices up by 15.7% and 14.9% respectively from last March (For February these numbers were up 18.2% and 16.6%).  While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 74 homes to 1,740 homes.  This inventory is 8.0% lower than last year.  The current supply of homes is at 3.9 months (was 4.1 months for February)  This is 4.9% lower than 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 March 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes March 2017 Market Detail

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 2017 Market Detail

Martin County Single Family Homes March 2017 Market Detail

04.27.17 by

Martin County Single Family Homes March 2017 Market Detail

The Martin County Single Family Homes Market Detail for March 2017 continues to show gains from last year though not quite as robust as last month’s gains.  Closed sales were up by 11.3% (was up by 17.8% in February). New pending sales decreased by 3.3% as compared to March of 2016 (Increased by 10.0% in February).

Prices continued to increase with the median sales price up by 8.7% from last year (up by 10.2% in February) while the average price increased by 8.0% (was up by 23.9% last month).

The inventory of available single family homes decreased from last month by 47 homes to 1,094 units for March,  this is 1.5% greater than last March.  Current supply of homes is 5.5 months, for March of last year it was a 5.2 months supply. (This is a 5.8% increase from last year).  Still a sellers market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes March 2017 Market Detail

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 2017 Market Detail

Florida Single Family Homes March 2017 Market Detail

04.24.17 by

Florida Single Family Homes March 2017 Market Detail

The Florida Single Family Homes Market Detail for March 2017 rebounded with increased activity from last March.  Closed sales were up by 9.3% (were down by 0.5% in February) and new sales under contract (new pending sales) were up by 3.6% (were down by 2.0% in February).

Both the median and average sales prices continued to rise from March 2016 to March 2017.  Up by 10.4% and 11.3% respectively, compared to February’s 12.5% and 9.5%.

The inventory of available homes for sale fell by 4.9% from last year.  For March there was a 4.1 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (March of 2016 had a 4.4 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes March 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes March 2017 Market Detail

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

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

Florida Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes February 2017 Market Detail

04.03.17 by

St Lucie County Single Family Homes February 2017 Market Detail

St Lucie County Single Family Homes Market Detail for February 2017 showed improved sales activity for closed sales but weaker new pending sales year to year.  Closed sales were up by 5.1% (in January they were up by 8.1%) and new sales under contract (new pending sales) decreased by 0.5% (they were up by 8.1% last month).

Prices continued to show strong increases.  The median and average sales prices up by 18.2% and 16.6% respectively from last February (For January these numbers were up 8.9% and 16.1%).  While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 30 homes to 1,814 homes.  This inventory is 0.8% lower than last year.  The current supply of homes is at 4.1 months (also was 4.1 months for February of 2016)  This is unchanged from last year.  The St Lucie County single family home market remains in a strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes February 2017 Market Detail

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 2017 Market Detail

Martin County Single Family Homes February 2017 Market Detail

04.01.17 by

Martin County Single Family Homes February 2017 Market Detail

The Martin County Single Family Homes Market Detail for February 2017 regained momentum with a strong month.  Closed sales were up by 17.8% (was down by 24.0% in January). New pending sales decreased by 10.0% as compared to February of 2016 (Increased by 9.4% in January).

Prices continued to increase with the median sales price up by 10.2% from last year (up by 4.1% in January) while the average price increased by 23.9% (was down by 2.7% last month).

The inventory of available single family homes increased from last month by 10 homes to 1,141 units for February,  this is 7.8% greater than last February.  Current supply of homes is 5.8 months, for February of last year it was a 5.1 months supply. (This is a 13.7% increase from last year).  Drifting closer to a balanced market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes February 2017 Market Detail

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 2017 Market Detail

Florida Single Family Homes February 2017 Market Detail

03.30.17 by

Florida Single Family Homes February 2017 Market Detail

The Florida Single Family Homes Market Detail for February 2017 showed slightly weaker growth when compared to last year.  Closed sales were down by 0.5% (were up by 5.2% in January) and new sales under contract (new pending sales) were down by 2.0% (were up by 3.8% in January).

Both the median and average sales prices continued to rise from February 2016 to February 2017.  Up by 12.5% and 9.5% respectively, compared to January’s 10.1% and 4.0%.

The inventory of available homes for sale fell by 4.0% from last year.  For February there was a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (February of 2016 had a 4.4 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes February 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes February 2017 Market Detail

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

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

Florida Single Family Homes February 2017 Market Detail