Search Results for: Martin County townhouses and condos market report

Florida Townhouse and Condo Sales 2020 Yearly Review

02.20.21 by

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

02.16.21 by

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

See previous Martin County quarterly reports

Recent market reports:

Martin County Townhouses and Condos 2020 4th Quarter Report

Mariner Cay February 2021 Market Report

02.11.21 by

Mariner Cay February 2021 Market Report

There are 2 properties on the market in Mariner Cay in Stuart FL for February 2021.  List prices are $259,900 and $2,159,900. This is an average list price of $1,209,900 or $407.68 per sq. ft. of living area. These listings contain one condo and one detached home.

There are no condos or homes under contract at this time.

In the past 12 months, 9 condos have sold in Mariner Cay and no detached home sales. The condo sales prices ranged from $200,000 up to $327,000.  This equals an average sales price of $246,794 which works out to $163.02 per sq. ft. of living area.  These condos averaged 94 days on the market before going under contract and sold for an average of 96% of the list price.

Click here to view recent Mariner Cay market reports!

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida

Mariner Cay Homes and Condos for Sale:

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Mariner Cay in Stuart Florida

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment, and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing.

Mariner Cay real estate Stuart FL

Martin County is home to a long list of fishing tournaments, boating activities, and other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance from St. Lucie Inlet and the crossroads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60-mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

Mariner Cay real estate Stuart FL
The Mariner Cay Marina offers the following benefits:
  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to the marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.
Mariner Cay real estate Stuart FL

With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like:  

  • a community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more
Mariner Cay real estate Stuart FL

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Search Mariner Cay Real Estate

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.

Mariner Cay February 2021 Market Report

Heritage Ridge Market Report for February 2021

02.04.21 by

Heritage Ridge Market Report for February 2021

As of February 2021, there are 10 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $110,000 up to $279,000.  This is an average list price of $170,140 which equals $128.75 per sq. ft. of living area.

There are 15 homes under contract.  These homes were on the market with list prices from $90,000 up to $369,900.  This works out to an average list price of $183,013 or $135.05 per sq. ft. of living area.  These properties averaged 50 days on the market before going under contract.

In the past 12 months, there have been 69 sales in Heritage Ridge.  Sales prices ranged from $52,000 up to $392,500.  This equals an average sales price of $168,655 which works out to $122.82 per sq. ft. of living area.  These homes were on the market for an average of 69 days before going under contract and sold for an average of 96% of list price.

Click here to view recent Heritage Ridge market reports!

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound Florida
Google Earth image

Heritage Ridge homes for sale:

The Heritage Ridge community of Hobe Sound encompasses a number of associations and styles of homes.  From mobile and manufactured homes to villas, townhouses, condos, and single family homes.  The different sections of Heritage Ridge are all anchored by the Heritage Ridge Golf Club.  This is a non-equity course that is open to the public.

The various areas of Heritage Ridge are all controlled by their individual homeowners’ associations and many also pay a fee to the master Heritage Ridge Association.  This wonderful community is located in northern Hobe Sound with quick access to either the beach at Jupiter Island (in Hobe Sound) or to the downtown area of Stuart as well as the amenities in both the Martin County and Jupiter areas of the Treasure Coast.

Recent Heritage Ridge sales:

Some of the sections of Heritage Ridge include Amherst, Brandywine, Bunker Hill, Cambridge, Franklin Wood, Georgetown, Jamestown, Jefferson Corners, Tory Pines, Williamsburg, and Yorktown.

Heritage Ridge in Hobe Sound

HOA fees vary widely in Heritage Ridge depending on the type of home and subdivision within this community.  The HOA fees run from $78.00 a month in the mobile home and single family home sections up to $350.00 a month for the condo areas and in between for some of the other communities.

Heritage Ridge in Hobe Sound

Click here to search for available homes in Heritage Ridge

Click here to search for available condos in Heritage Ridge

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.

Heritage Ridge Market Report for February 2021

Schooner Oaks January 2021 Real Estate Market Report

01.30.21 by

Schooner Oaks January 2021 Real Estate Market Report

As of January 2021, there is only 1 home for sale in Schooner Oaks in Stuart, FL. The list price is $267,000 or $164.61 per sq. ft. of living area.

There is also 1 condo under contract at this time. The list price was $239,900 which is $171.36 per sq. ft. of living area. This condo was on the market for 17 days before going under contract.

In the past 12 months, 4 Schooner Oaks homes have sold. The sales prices ranged from $190,000 up to $247,500. This works out to an average sales price of $224,375 which equals $143.99 per sq. ft. of living area. These homes went under contract in an average of 71 days and sold for an average of 92% of list price.

Click here to view recent Schooner Oaks market reports!

About Schooner Oaks in Rocky Point:

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.

Schooner Oaks in Rocky Point

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.

Schooner Oaks in Rocky Point

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 January 2021 Real Estate Market Report

St Lucie County Townhouses and Condos December 2020 Market Report

01.29.21 by

St Lucie County Townhouses and Condos December 2020 Market Report

The St Lucie County Townhouses and Condos market for December 2020 continues to show very strong activity. Closed sales were up by 25.5% from last year (were up by 49.0% in November). New pending sales were up by 53.2% for December (they were up by 56.3% last month).

The December prices were also up sharply.  The median price increased by 38.2% from last year (was up by 44.8% in November) while the average sales price increased by 23.1% (was up by 38.7% in November).

The inventory of available townhouses and condos decreased by 43 units from last month to 319 residences. This is 45.2% less inventory than we had in December 2019. The current inventory supply is 2.9 months, as compared to 5.9 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 December 2020 Market Report

 

Click to download the full 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 December 2020 Market Report

Florida Townhouses and Condos December 2020 Market Report

01.25.21 by

Florida Townhouses and Condos December 2020 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 27.7% as compared to last month’s increase of 30.2%.  New sales under contract (new pending sales) increased by 42.6% (In November there was a 22.4% increase).

Prices were also up for December.  The median sales price was up by 13.7% (was up by 16.9% in November). While the average sales price increased by 16.8% (was up 22.0% in November).

The inventory of active listings decreased by 18.3% from December of last year.  This results in 4.2 months of inventory as compared to 5.3 months for December 2019.  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 December 2020 Market Report
Click here to download the full 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 December 2020 Market Report

St Lucie County Townhouses and Condos November 2020 Market Report

12.30.20 by

St Lucie County Townhouses and Condos November 2020 Market Report

The St Lucie County Townhouses and Condos market for November 2020 continues to show excellent activity. Closed sales were up by 49.0% from last year (were up by 102.5% in October). New pending sales were up by 56.3% for November (they were up by 42.6% last month).

The November prices were also up.  The median price increased by 44.8% from last year (was down by 17.5% in October) while the average sales price increased by 38.7% (was up by 35.4% in October).

The inventory of available townhouses and condos was unchanged from last month at 362 units. This is 37.7% less inventory than we had in November 2019. The current inventory supply is 3.3 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 November 2020 Market Report

 

Click to download the full 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 November 2020 Market Report

Florida Townhouses and Condos November 2020 Market Report

12.23.20 by

Florida Townhouses and Condos November 2020 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 30.2% as compared to last month’s increase of 30.3%.  New sales under contract (new pending sales) increased by 22.4% (In October there was a 29.5% increase).

Prices were also up for November.  The median sales price was up by 16.9% (was up by 15.9% in October). While the average sales price increased by 22.0% (was up 15.2% in October).

The inventory of active listings decreased by 14.5% from November of last year.  This results in 4.7 months of inventory as compared to 5.6 months for November 2019.  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 November 2020 Market Report
Click here to download the full 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 November 2020 Market Report

Crestwood Townhome Condos December 2020 Market Report

12.17.20 by

Crestwood Townhome Condos December 2020 Market Report

There is 1 townhome available for purchase in the Crestwood subdivision in December 2020. The list price is $259,900 or $152.88 per sq. ft. of living area.

There is also 1 townhome under contract. It was listed for $279,000 which is $117.37 per sq. ft. of living area. This condo-townhome was only on the market for 97 days before going under contract.

In the past 12 months, 4 Crestwood townhome-condos have sold. The sales prices ranged from $217,000 up to $290,000. This works out to an average sales price of $249,000 which equals $128.13 per sq. ft. of living area. They sold for an average of 96% of list price and went under contract in an average of 47 days of being listed.

Click here to view recent Crestwood market reports!

About Crestwood Townhome Condos:

Crestwood Condo-Townhomes in Stuart Florida
Google Earth image

Crestwood homes for sale:

The townhome community of Crestwood in Stuart FL consists of 36 townhouses that are deeded under condo rules. There are 9 buildings, each with 4 homes. This complex had the first units completed in 1983 with a couple of the buildings finished in 2003 and 2006.

All of these townhomes are spacious units with a minimum of 2 bedrooms and 2 and ½ baths of 1.634 sq. ft. and two-car garages up to 3 bedroom (possible 4 bedroom) 2 and ½ bath units with 2,377 sq. ft. of living area and a 2 car garage.

The condo fees are $440 per month, which includes building insurance and maintenance of the outside, common area maintenance, insurance, pest control, landscaping and lawn maintenance, reserve funds and roofs. There is a community pool with a gazebo and barbecue area.

Recent sales in Crestwood:

All ages are welcome and 1 medium-sized pet is OK. Rentals are permitted after 1 year of ownership. Children are zoned for the Pinewood Elementary School, David L. Anderson Middle School, and the South Fork High School.

This complex is located on the corner of Cove Road and Kanner Highway making for easy access to I-95 for those needing to commute to points south or north. West Palm Beach being only 30 minutes away while both Miami and Orlando are approximately a 2-hour trip.

There’s a Publix shopping center just down the street and the Manatee Pocket can be reached in only minutes for those interested in boating or some great fresh seafood restaurants. Historic downtown Stuart FL is only 15 minutes away and only a few minutes further to the crystal clear blue waters of the Atlantic Ocean beaches.

Come to see why these Crestwood Condo-Townhomes are such an excellent opportunity.

Search Links:

Click here to see if any Crestwood Condo-Townhomes are available 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.

Crestwood Townhome Condos December 2020 Market Report

St Lucie County Townhouses and Condos October 2020 Market Report

11.27.20 by

St Lucie County Townhouses and Condos October 2020 Market Report

The St Lucie County Townhouses and Condos market for October 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 102.5% from last year (were up by 68.4% in September). New pending sales were up by 42.6% for October (they were up by 145.1% last month).

October prices were also up.  The median price increased by 17.5% from last year (was down by 2.4% in September) while the average sales price increased by 35.4% (was up by 12.6% in September).

The inventory of available townhouses and condos decreased by 25 units from last month to 362 units. This is 37.2% less inventory than we had in October 2019. The current inventory supply is 3.5 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 September 2020 Market Report

 

Click to download the full 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 October 2020 Market Report

Florida Townhouses and Condos October 2020 Market Report

11.23.20 by

Florida Townhouses and Condos October 2020 Market Report

Florida Townhouses and Condos market is continuing to recover strongly from the effects of the current pandemic. Closed sales were up by 30.3% as compared to last month’s increase of 25.3%.  New sales under contract (new pending sales) increased by 29.5% (In September there was a 43.0% increase).

Prices were also up for October.  The median sales price was up by 15.9% (was up by 12.7% in September). While the average sales price increased by 15.2% (was up 16.4% in September).

The inventory of active listings decreased by 11.8% from October of last year.  This results in 4.9 months of inventory as compared to 5.5 months for October 2019.  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 October 2020 Market Report
Click here to download the full 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 October 2020 Market Report

Martin County Townhouses and Condos 2020 3rd Quarter Report

11.17.20 by

Martin County Townhouses and Condos 2020 3rd 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 3rd 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

See previous Martin County quarterly reports

Recent market reports:

Martin County Townhouses and Condos 2020 3rd Quarter Report

Sawgrass Villas Palm City October 2020 Market Report

10.31.20 by

Sawgrass Villas Palm City October 2020 Market Report

For October 2020 there is 1 townhome available for sale in the Sawgrass Villas community of Palm City Florida. The list price is $265,000 which is $163.58 per sq. ft. of living area.

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

In the past 12 months, 5 homes have sold in Sawgrass Villas.  Sales prices ranged from $235,500 up to $260,000.  This equals an average sales price of $246,500 which works out to $138.23 per sq. ft. of living area.  These homes sold for an average of 98% of list price and also averaged 25 days on 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 FL

Built in 2005, the Sawgrass Villas of Palm City are 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.

Sawgrass Villas in Palm City

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 October 2020 Market Report

St Lucie County Townhouses and Condos September 2020 Market Report

10.30.20 by

St Lucie County Townhouses and Condos September 2020 Market Report

The St Lucie County Townhouses and Condos market for September 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 68.4% from last year (were up by 44.7% in August). New pending sales were up by 145.1% for September (they were up by 43.2% last month).

September prices were mixed.  The median price decreased by 2.4% from last year (was up by 35.5% in August) while the average sales price increased by 12.6% (was up by 30.7% in August).

The inventory of available townhouses and condos decreased by 15 units from last month to 387 units. This is 29.4% less inventory than we had in September 2019. The current inventory supply is 4.0 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 September 2020 Market Report

 

Click to download the full 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 September 2020 Market Report

Florida Townhouses and Condos September 2020 Market Report

10.26.20 by

Florida Townhouses and Condos September 2020 Market Report

Florida Townhouses and Condos market is recovering strongly from the effects of the current pandemic. Closed sales were up by 25.3% as compared to last month’s increase of 10.3%.  New sales under contract (new pending sales) increased by 43.0% (In August there was a 20.7% increase).

Prices were also up for September.  The median sales price was up by 12.7% (was up by 14.5% in August). While the average sales price increased by 16.4% (was up 14.6% in August).

The inventory of active listings decreased by 7.4% from September of last year.  This results in 5.1 months of inventory as compared to 5.3 months for September 2019.  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 September 2020 Market Report
Click here to download the full 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 September 2020 Market Report

St Lucie County Townhouses and Condos August 2020 Market Report

09.30.20 by

St Lucie County Townhouses and Condos August 2020 Market Report

The St Lucie County Townhouses and Condos market for August 2020 is recovering nicely from the effects of the current pandemic. Closed sales were up by 44.7% from last year (were up by 23.6% in July). New pending sales were up by 43.2% for August (they were up by 46.1% last month).

August prices were also up.  The median price increased by 35.5% from last year (was up by 35.9% in July) while the average sales price increased by 30.7% (was up by 16.4% in July).

The inventory of available townhouses and condos decreased by 66 units from last month to 402 units. This is 24.3% less inventory than we had in August 2019. The current inventory supply is 4.3 months, as compared to 5.5 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 August 2020 Market Report

 

Click to download the full 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 August 2020 Market Report

Florida Townhouses and Condos August 2020 Market Report

09.24.20 by

Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 10.3% as compared to last month’s increase of 6.5%.  New sales under contract (new pending sales) increased by 20.7% (In July there was a 19.3% increase).

Prices also increased for August.  The median sales price was up by 14.5% (was up by 11.7% in July), while the average sales price increased by 14.6% (was up 12.8% in July).

The inventory of active listings decreased by 5.6% from August of last year.  This results in 5.3 months of inventory as compared to 5.4 months for August 2019.  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.

Florida Townhouses and Condos August 2020 Market Report
Click here to download the full 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 August 2020 Market Report

St Lucie County Townhouses and Condos July 2020 Market Report

08.26.20 by

St Lucie County Townhouses and Condos July 2020 Market Report

The St Lucie County Townhouses and Condos market for July 2020 is recovering nicely from the effects of the current pandemic. Closed sales were up by 23.6% from last year (were down by 19.2% in June). New pending sales were up by 46.1% for July (they were up by 26.3% last month).

July’s prices were also up.  The median price increased by 35.9% from last year (was down by 1.7% in June) while the average sales price increased by 16.4% (was down by 4.7% in June).

The inventory of available townhouses and condos decreased by 21 units from last month to 468 units. This is 15.2% less inventory than we had in July 2019. The current inventory supply is 5.2 months, as compared to 5.5 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 July 2020 Market Report

 

Click to download the full 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 July 2020 Market Report

Florida Townhouses and Condos July 2020 Market Report

08.22.20 by

Florida Townhouses and Condos July 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 6.5% as compared to last month’s decrease of 10.9%.  New sales under contract (new pending sales) increased by 19.3% (In June there was a 19.8% increase).

Prices increased for July.  The median sales price was up by 11.7% (was up by 7.7% in June), while the average sales price increased by 12.8% (was up 7.3% in June).

The inventory of active listings decreased by 4.5% from July of last year.  This results in 5.6 months of inventory as compared to 5.5 months for July 2019.  Moving back into 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.

Florida Townhouses and Condos July 2020 Market Report
Click here to download the full 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 July 2020 Market Report