Search Results for: Martin County townhouses and condos market report

Martin County Townhouses and Condos 2021 2nd Quarter Report

Martin County Townhouses and Condos 2021 2nd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Both sales volume, as well as prices, showed increases in the second quarter of 2021 when compared to the same period last year.  We are in a very positive real estate environment. 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 on the image above or this link.

View the entire set of data at GabeSanders.com

Recent market reports:

Martin County Townhouses and Condos 2021 2nd Quarter Report

St Lucie County Townhouses and Condos June 2021 Market Report

St Lucie County Townhouses and Condos June 2021 Market Report

The St Lucie County Townhouses and Condos market for June 2021 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 117.9% from last year (were up by 201.6% in May). New pending sales were down by 35.4% for June (they were up by 17.5% last month).

Prices continued to rise in June.  The median price increased by 27.6% from last year (was up by 9.4% in May) while the average sales price increased by 40.3% (was up by 7.1% in May).

The inventory of available townhouses and condos decreased by 6 units from last month to 218 residences. This is 55.4% less inventory than we had in June 2020. The current inventory supply is 1.5 months, as compared to 5.6 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 2021 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 2021 Market Report

Florida Townhouses and Condos June 2021 Market Report

Florida Townhouses and Condos June 2021 Market Report

Florida Townhouses and Condos 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 79.6% as compared to last month’s increase of 155.2%.  New sales under contract (new pending sales) increased by 7.5% (In May, a 56.7% increase).

Prices continued to rise in June.  The median sales price was up by 22.4% (was up by 24.1% in May). While the average sales price increased by 35.5% (was up 43.7% in May).

The inventory of active listings decreased by 54.0% from June of last year.  This results in 1.8 months supply of inventory as compared to 5.7 months for May 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos June 2021 Market Report

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

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

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

Recent Florida Market Report Posts:

Florida Townhouses and Condos June 2021 Market Report

Schooner Oaks July 2021 Real Estate Market Report

Schooner Oaks July 2021 Real Estate Market Report

As of July 2021, there are no homes for sale in Schooner Oaks in Stuart, FL.

There are also no homes under contract at this time.

In the past 12 months, 6 Schooner Oaks homes have sold. The sales prices ranged from $230,000 up to $800,000. This works out to an average sales price of $333,750 which equals $190.29 per sq. ft. of living area. These homes went under contract in an average of 70 days and sold for an average of 95% of list price.

Click here to view recent Schooner Oaks market reports!

About Schooner Oaks in Rocky Point:

Schooner Oaks in Rocky Point in Martin County Florida
Google Earth image

Schooner Oaks homes for sale:

The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse-style complex under condo association rules. There are 86 units of varying sizes that were built from 1985 till 1997.

These townhouses vary from the largest one with 4 bedrooms and 4 bathrooms and 2,140 sq. ft. of living area down to 2 bedrooms, 2 bath condos with around 1,400 sq. ft. of living area. Most units come with an attached single-car garage.

Recent Schooner Oak sales:

Residents enjoy the use of a clubhouse with billiards, fitness room, heated pool, spa, and tennis courts. There’s a waterfront gazebo with a day dock and fishing pier off the Intracoastal Waterway with views toward the Saint Lucie Inlet of the Atlantic Ocean.

Schooner Oaks in Rocky Point

This is a pet-friendly community allowing for up to two large pets. Rentals are also allowed and there are some vehicle restrictions. The current HOA fees are $570 per month. These fees cover Assessment Fee, Cable, Common Areas, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Insurance-Other, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Maintenance Exterior, Management Fees, Manager, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, and Trash Removal.

Schooner Oaks in Rocky Point

Search here for any available Schooner Oaks Condos for sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Schooner Oaks July 2021 Real Estate Market Report

St Lucie County Townhouses and Condos May 2021 Market Report

St Lucie County Townhouses and Condos May 2021 Market Report

The St Lucie County Townhouses and Condos market for May 2021 continues to show strong closed sales activity. New pending sales also increased. But, a reduced rate indicating a future decrease in closed sales because of the very low inventory of available properties for sale. Closed sales were up by 201.6% from last year (were up by 156.1% in April). New pending sales were up by 17.5% for May (they were up by 179.6% last month).

The May prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in April) while the average sales price increased by 7.1% (was up by 32.3% in April).

The inventory of available townhouses and condos decreased by 4 units from last month to 226 residences. This is 61.8% less inventory than we had in May 2020. The current inventory supply is 1.6 months, as compared to 6.6 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 May 2021 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 May 2021 Market Report

Florida Townhouses and Condos May 2021 Market Report

Florida Townhouses and Condos May 2021 Market Report

Florida Townhouses and Condos market continue impressive real estate activity when compared to last year. Closed sales were up by 155.2% as compared to last month’s increase of 130.9%.  New sales under contract (new pending sales) increased by 56.7% (In April there was a 208.8% increase).

Prices were also up for May.  The median sales price was up by 24.1% (was up by 19.6% in April). While the average sales price increased by 43.7% (was up 39.9% in April).

The inventory of active listings decreased by 54.6% from May of last year.  This results in 2.0 months of inventory as compared to 6.0 months for May 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos May 2021 Market Report

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

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

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

Recent Florida Market Report Posts:

Florida Townhouses and Condos May 2021 Market Report

St Lucie County Townhouses and Condos April 2021 Market Report

St Lucie County Townhouses and Condos April 2021 Market Report

The St Lucie County Townhouses and Condos market for April 2021 continues to show very strong activity when compared to April of 2020. Closed sales were up by 156.1% from last year (were up by 61.9% in March). New pending sales were up by 179.6% for April (they were up by 166.7% last month).

The April prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in March) while the average sales price increased by 7.1% (was up by 32.3% in March).

The inventory of available townhouses and condos decreased by 6 units from last month to 230 residences. This is 61.0% less inventory than we had in April 2020. The current inventory supply is 1.8 months, as compared to 6.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 April 2021 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 April 2021 Market Report

Florida Townhouses and Condos April 2021 Market Report

Florida Townhouses and Condos April 2021 Market Report

Florida Townhouses and Condos market had very impressive real estate activity when compared to last year. Closed sales were up by 130.9% as compared to last month’s increase of 52.6%.  New sales under contract (new pending sales) increased by 208.8% (In March there was a 126.4% increase).

Prices were also up for April.  The median sales price was up by 19.6% (was up by 15.2% in March). While the average sales price increased by 39.9% (was up 23.8% in March).

The inventory of active listings decreased by 50.3% from April of last year.  This results in 2.3 months of inventory as compared to 5.7 months for April 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos April 2021 Market Report

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

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

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

Recent Florida Market Report Posts:

Florida Townhouses and Condos April 2021 Market Report

Martin County Townhouses and Condos 2021 1st Quarter Report

Martin County Townhouses and Condos 2021 1st Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2021 1st Quarter Report

Both sales volume, as well as prices, showed increases in the first quarter of 2021 when compared to the same period last year.  We are in a very positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale.

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

View the entire set of data at GabeSanders.com

Recent market reports:

Martin County Townhouses and Condos 2021 1st Quarter Report

St Lucie County Townhouses and Condos March 2021 Market Report

St Lucie County Townhouses and Condos March 2021 Market Report

The St Lucie County Townhouses and Condos market for March 2021 continues to show strong activity when compared to March of 2020. Closed sales were up by 61.9% from last year (were up by 17.4% in February). New pending sales were up by 166.7% for March (they were up by 61.9% last month).

The March prices were also up.  The median price increased by 32.7% from last year (was up by 32.1% in February) while the average sales price increased by 32.3% (was up by 12.8% in February).

The inventory of available townhouses and condos decreased by 46 units from last month to 236 residences. This is 61.8% less inventory than we had in March 2020. The current inventory supply is 2.0 months, as compared to 6.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 2021 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 2021 Market Report

Florida Townhouses and Condos March 2021 Market Report

Florida Townhouses and Condos March 2021 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity when compared to last year. Closed sales were up by 52.6% as compared to last month’s increase of 28.7%.  New sales under contract (new pending sales) increased by 126.4% (In February there was a 35.4% increase).

Prices were also up for March.  The median sales price was up by 15.2% (was up by 16.6% in February). While the average sales price increased by 23.8% (was up 30.4% in February).

The inventory of active listings decreased by 45.1% from March of last year.  This results in 2.8 months of inventory as compared to 5.5 months for March 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos March 2021 Market Report

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

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

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

Recent Florida Market Report Posts:

Florida Townhouses and Condos March 2021 Market Report

Sawgrass Villas Palm City April 2021 Market Report

Sawgrass Villas Palm City April 2021 Market Report

For April 2021, there is 1 townhome available for sale in the Sawgrass Villas community of Palm City Florida. The list price is $269,500 which is $166.36 per sq. ft. of living area.

There are no townhomes that are under contract at this time.

In the past 12 months, 4 homes have sold in Sawgrass Villas.  Sales prices ranged from $252,000 up to $282,000.  This equals an average sales price of $262,750 which works out to $135.17 per sq. ft. of living area.  These homes sold for an average of 97% of list price and also averaged 38 days on the market before going under contract.

Click here for previous Sawgrass Villas market reports!

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City Florida
Google Earth image

Sawgrass Villas homes for sale:

Built in 2005, the Sawgrass Villas of Palm City is one of the few newer affordable townhome-style condos in the area.  There are 52 units with two different floor plans.  All are 3 bedroom, 2 bathroom with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones.  With a rare exception, all of these townhouses have a 1 car garage.

Recent Sawgrass Villas sales:

Great location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south.

Sawgrass Villas in Palm City

The HOA fees include building maintenance and insurance, landscaping, trash pickup, Cable TV,  and exterior pest control.

Sawgrass Villas in Palm City

Live the easy maintenance and worry-free life in these solid concrete townhomes featuring Hardi-plank siding and metal roofs.

Click here to search for Sawgrass Villas homes for sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Sawgrass Villas Palm City April 2021 Market Report

St Lucie County Townhouses and Condos February 2021 Market Report

St Lucie County Townhouses and Condos February 2021 Market Report

The St Lucie County Townhouses and Condos market for February 2021 continues to show strong activity when compared to February of 2020. Closed sales were up by 17.4% from last year (were up by 41.2% in January). New pending sales were up by 72.6% for February (they were up by 18.9% last month).

The February prices were also up.  The median price increased by 32.1% from last year (was up by 31.8% in January) while the average sales price increased by 12.8% (was up by 3.6% in January).

The inventory of available townhouses and condos decreased by 62 units from last month to 282 residences. This is 54.2 % less inventory than we had in February 2020. The current inventory supply is 2.5 months, as compared to 6.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 2021 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 2021 Market Report

Florida Townhouses and Condos February 2021 Market Report

Florida Townhouses and Condos February 2021 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity when compared to last year. Closed sales were up by 28.7% as compared to last month’s increase of 24.6%.  New sales under contract (new pending sales) increased by 35.4% (In January there was a 32.0% increase).

Prices were also up for February.  The median sales price was up by 16.6% (was up by 15.0% in January). While the average sales price increased by 30.4% (was up 18.1% in January).

The inventory of active listings decreased by 34.4% from February of last year.  This results in 3.4 months of inventory as compared to 5.4 months for February 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

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

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

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

Recent Florida Market Report Posts:

Florida Townhouses and Condos February 2021 Market Report

St Lucie County Townhouses and Condos January 2021 Market Report

St Lucie County Townhouses and Condos January 2021 Market Report

The St Lucie County Townhouses and Condos market for January 2021 continues to show very strong activity. Closed sales were up by 41.2% from last year (were up by 25.5% in December). New pending sales were up by 18.9% for January (they were up by 53.2% last month).

The January prices were also up.  The median price increased by 31.8% from last year (was up by 38.2% in December) while the average sales price increased by 3.6% (was up by 23.1% in December).

The inventory of available townhouses and condos increased by 25 units from last month to 344 residences. This is 41.3% less inventory than we had in January 2020. The current inventory supply is 3.0 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 2021 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 2021 Market Report

Florida Townhouses and Condos January 2021 Market Report

Florida Townhouses and Condos January 2021 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 24.6% as compared to last month’s increase of 27.7%.  New sales under contract (new pending sales) increased by 32.0% (In December there was a 42.6% increase).

Prices were also up for January.  The median sales price was up by 15.0% (was up by 13.7% in December). While the average sales price increased by 18.1% (was up 16.8% in December).

The inventory of active listings decreased by 26.3% from January of last year.  This results in 3.9 months of inventory as compared to 5.3 months for January 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos January 2021 Market Report

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

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

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

Recent Florida Market Report Posts:

Florida Townhouses and Condos January 2021 Market Report

St Lucie County Townhouse and Condo Sales 2020 Yearly Review

St Lucie County Townhouse and Condo Sales 2020 Yearly Review

The St Lucie County Townhouse and Condo Sales for 2020 had 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 11.7% as compared to 2019 which saw a decrease of 9.9% and new sales under contract (new pending sales) increased by 19.3% (2019 saw a decrease of 4.7%).

St Lucie County Townhouse and Condo Sales 2020 Yearly Review
Click the image for the full report

Prices were also up when compared to last year. The median sales price increased by 19.1% as compared to the 2.1% rise last year. The average sales price was up by 17.4% as compared to the 3.2% decrease in 2019.

Inventory decreased by 45.2% as compared to 2019’s increase of 5.1%. While the monthly supply of inventory decreased to 2.9 months as compared to 5.9 months for 2019.  A strong seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales

View previous St Lucie County Yearly Reviews Here!

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

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

Recent market reports:

St Lucie County Townhouse and Condo Sales 2020 Yearly Review

Martin County Townhouse and Condo Sales 2020 Yearly Review

Martin County Townhouse and Condo Sales 2020 Yearly Review

The Martin County Townhouse and Condo Sales for 2020 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% as compared to 2019 which were down by 9.6% and new sales under contract (new pending sales) increased by 15.7% (2019 saw a decrease of 8.2%).

Martin County Townhouse and Condo Sales 2020 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 12.5% and 13.0% respectively (2019 numbers were 6.7% and 8.5%).  Stronger than the increases of the previous year.

Inventory decreased by 25.1% as compared to the 2019’s decrease of 8.8%. And the supply of inventory dropped to 2.9 months as compared to 4.2 months for 2018.  Even a stronger seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2020 Yearly Review

Here are the previous Martin County yearly reviews!

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

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

Recent market reports:

Martin County Townhouse and Condo Sales 2020 Yearly Review

Florida Townhouse and Condo Sales 2020 Yearly Review

Florida Townhouse and Condo Sales 2020 Yearly Review

The Florida Townhouse and Condo Sales for 2020 showed stronger sales results from last year.   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 2.5% as compared to 2019 which saw a decrease of 0.8% and new sales under contract (new pending sales) increased by 6.2% (2019 saw an increase of 0.2%).

Florida Townhouse and Condo Sales 2020 Yearly Review
Click the image to view the full report

Both median and average sales prices were up (year to year) by 12.0% and 10.9% respectively (2019 numbers were 3.8% and 2.7%).  A considerably higher rate of increase than for the previous year.

Inventory decreased by 18.3% as compared to 2019’s decrease of 9.7%. And, the supply of properties dropped to 4.2 months as compared to 5.2 months for 2019.  Remaining in a sellers’ market for Florida townhouses and condos.

 Click here to view or download the full report: 
Townhouses and Condos Sales in Florida for 2020

View previous Florida Townhouses and Condos Yearly Reviews Here!

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

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

Recent market reports:

Florida Townhouse and Condo Sales 2020 Yearly Review

Martin County Townhouses and Condos 2020 4th Quarter Report

Martin County Townhouses and Condos 2020 4th Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2020 4th Quarter Report

The Martin County townhouse and condo market report has overcome the negative effects of the pandemic. Both the sales volume and prices have rebounded strongly and have improved when compared to last year.

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

View the entire set of data at GabeSanders.com

Recent market reports:

Martin County Townhouses and Condos 2020 4th Quarter Report