Search Results for: Martin County townhouses and condos market report

Florida Townhouse and Condo Sales 2018 Yearly Review

02.28.19 by

Florida Townhouse and Condo Sales 2018 Yearly Review

The Florida Townhouse and Condo Sales 2018 Yearly Review continued to show improved results from last year.   Year to year closed sales were up by 4.9% as compared to 2017 which saw a decrease of 2.9% and new sales under contract (new pending sales) increased by 2.2% (2017 saw a decrease of 2.3%).

Florida Townhouse and Condo Sales 2018 Yearly Review

Both median and average sales prices were up (year to year) by 7.2% and 7.7% respectively (2017 numbers were 7.8% and 6.5%).  Pretty similar to last year.

Inventory increased by 1.8% as compared to 2017’s decrease of 4.0%. While the supply of inventory inched up to 5.7 months as compared to 5.6 months for 2017.  A seller’s market for Florida townhouses and condos.

 Click here to view or download the full report:  Florida Townhouse and Condo Sales 2018 Yearly Review

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 Townhouse and Condo Sales 2018 Yearly Review

Heritage Ridge Market Report for February 2019

02.26.19 by

Heritage Ridge Market Report for February 2019

As of February 2019, there are 29 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $79,000 up to $289,000.  This is an average list price of $152,855 which equals $119.17 per sq. ft. of living area.

There are 8 homes under contract.  These were listed with prices from $72,000 up to $169,900.  This works out to an average list price of $134,938 or $106.43 per sq. ft. of living area.  The average days on the market before they went under contract was 66.

In the past 12 months, there have been 114 sales in Heritage Ridge.  Sales prices ranged from $45,000 up to $292,500.  This equals an average sales price of $113,654 which works out to $97.50 per sq. ft. of living area.  These homes were on the market for an average of 48 days before going under contract and sold for an average of 95% of list price.

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound

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.

Heritage Ridge in Hobe Sound Heritage Ridge in Hobe Sound

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.

Heritage Ridge in Hobe Sound Heritage Ridge in Hobe Sound

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 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 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

Hobe Sound real estate is presented for your consideration by Gabe Sanders of Real Estate of Florida.

Heritage Ridge Market Report for February 2019

Mariner Cay February 2019 Market Report

02.19.19 by

Mariner Cay February 2019 Market Report

There are 6 properties on the market in Mariner Cay in Stuart FL.  List prices range from $249,000 up to $1,099,000 and include a mix of condos and single family homes.   This is an average list price of $436,667 or $243.46 per sq. ft. of living area.

There are 3 homes or condos are under contract at this time.  The last list prices were from $249,000 up to $2,550,000.  This works out to an average list price of $1,283,000 which is $352.83 per sq. ft. of living area.  These homes and condos were on the market for an average of 222 days before going under contract.

In the past 12 months, 13 properties have sold in Mariner Cay.  These were a mix of condos and homes.  Sales prices ranged from $200,000 up to $1,300,000.  This equals an average sales price of $537,276 which works out to $231.67 per sq. ft. of living area.  These homes and condos averaged 141 days on market before going under contract and sold for an average of 94% of the last listed price.

About the Mariner Cay Community:

Mariner Cay in Stuart Florida

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. 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

For instance, the marina offers:

  • 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.

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       Mariner Cay real estate Stuart FL

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

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.

Mariner Cay real estate Stuart FL

Search Mariner Cay Real Estate

Mariner Cay February 2019 Market Report

St Lucie County Townhouses and Condos December 2018 Market Report

02.05.19 by

St Lucie County Townhouses and Condos December 2018 Market Report

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

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

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

St Lucie County Townhouses and Condos December 2018 Market Report

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

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

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

 

St Lucie County Townhouses and Condos December 2018 Market Report

Martin County Townhouses and Condos December 2018 Market Report

02.01.19 by

Martin County Townhouses and Condos December 2018 Market Report

Martin County Townhouses and Condos December 2018 Market Report had a second month of weaker sales activity when compared to last year.  Closed sales for the month were down by 8.8% (were down by 21.2% in November) while new sales under contract (new pending sales) were down by 13.0% from December 2017 (increased by 2.4% in November).

Prices were mixed for December.  The median sales price increased by 9.3% (was up by 2.5% in November) while the average sales price decreased by 5.7% (was up by 2.2% in November) as compared to December of 2017.

The inventory of available townhouses and condos decreased by 2 units to 351 properties as compared to last month.  This is 11.4% less inventory then the December 2017 data.  Currently, there’s a 3.5 month supply of inventory (compared to 4.0 months for December 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos December 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos December 2018 Market Report

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

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

Martin County Townhouses and Condos December 2018 Market Report

Florida Townhouses and Condos December 2018 Market Report

01.30.19 by

Florida Townhouses and Condos December 2018 Market Report

The Florida Townhouses and Condos Market Report for December 2018 had weaker sales activity when compared to last December.  Closed sales were down by 11.4% as compared to last month’s increase of 4.9% and new sales under contract (new pending sales) decreased by 12.6% (In November there was a 9.6% decrease).

Prices, however, continue to rise for December though not as much as they were in the earlier months of the year.  Median sales prices were up by 2.8% (was up by 5.1% in November), while the average sales price increased by 0.8% (was up 7.9% in November).

The inventory of active listings increased by 8.0% from December of last year.  We now have 5.7 months of inventory as compared to 5.6 months for December 2017.  We remain in a seller’s market for Florida townhouse and condo sales, though close to a balanced market.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos December 2018 Market Report

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

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

Florida Townhouses and Condos December 2018 Market Report

St Lucie County Townhouses and Condos November 2018 Market Report

01.09.19 by

St Lucie County Townhouses and Condos November 2018 Market Report

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

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

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

St Lucie County Townhouses and Condos November 2018 Market Report

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

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

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

 

St Lucie County Townhouses and Condos November 2018 Market Report

Martin County Townhouses and Condos November 2018 Market Report

01.07.19 by

Martin County Townhouses and Condos November 2018 Market Report

Martin County Townhouses and Condos November 2018 Market Report is showing signs of a slowdown with weaker closed sales when compared to last year.  Closed sales for the month were down by 21.2%(were unchanged in October) while new sales under contract (new pending sales) were up by 2.4% from November 2017 (decreased by 25.0% in October).

Prices continue to rise but at a slower rate.  The median sales price increased by 2.5% (was up by 4.4% in October) while the average sales price increased by 2.2% (was up by 4.4% in October) as compared to November of 2017.

The inventory of available townhouses and condos increased by 6 units to 353 properties as compared to last month.  This is 9.0% less inventory then the November 2017 data.  Currently, there’s a 3.5 month supply of inventory (compared to 4.0 months for November 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos November 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos November 2018 Market Report

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

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

Martin County Townhouses and Condos November 2018 Market Report

Florida Townhouses and Condos November 2018 Market Report

01.03.19 by

Florida Townhouses and Condos November 2018 Market Report

The Florida Townhouses and Condos November 2018 Market Report remains active and continues with some mixed signals for this period.  Closed sales were up by 4.9% as compared to last month’s increase of 14.1% and new sales under contract (new pending sales) decreased by 9.6% (In October there was a 0.8% decrease).

Prices continue to rise for November though not as much as they were in the earlier months of the year.  Median sales prices were up by 5.1% (was up by 5.9% in October), while the average sales price increased by 7.9% (was up 8.0% in October).

The inventory of active listings increased by 6.6% from November of last year.  We now have 5.7 months of inventory as compared to 5.7 months for November 2017.  We remain in a seller’s market for Florida townhouse and condo sales, though close to a balanced market.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos November 2018 Market Report

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

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

Florida Townhouses and Condos November 2018 Market Report

St Lucie County Townhouses and Condos October 2018 Market Report

12.13.18 by

St Lucie County Townhouses and Condos October 2018 Market Report

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

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

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

St Lucie County Townhouses and Condos October 2018 Market Report

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

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

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

 

St Lucie County Townhouses and Condos October 2018 Market Report

Martin County Townhouses and Condos October 2018 Market Report

12.11.18 by

Martin County Townhouses and Condos October 2018 Market Report

Martin County Townhouses and Condos October 2018 Market Report rebounded a bit after a bit of a weaker September and somewhat stronger activity when compared to October of 2017.  Closed sales for the month were unchanged (was down by 24.1% in September) while new sales under contract (new pending sales) were down by 25.0% from October 2017 (decreased by 7.8% in September).

Prices, however, continue to rise.  The median sales price increased by 4.4% (was up by 13.3% in September) while the average sales price increased by 4.4% (was up by 24.0% in September) as compared to October of 2017.

The inventory of available townhouses and condos increased by 48 units to 347 properties as compared to last month.  This is 4.9% less inventory then the October 2017 data.  Currently, there’s a 3.4 month supply of inventory (compared to 3.8 months for October 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos October 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos October 2018 Market Report

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

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

Martin County Townhouses and Condos October 2018 Market Report

Martin County Single Family Homes October 2018 Market Report

12.10.18 by

Martin County Single Family Homes October 2018 Market Report

The Martin County Single Family Homes October 2018 Market Report continued with strong closed activity but new pending sales were down.  Closed sales were up by 24.1% (was up by 32.2% in September).  While new pending sales decreased by 14.0% as compared to October 2017 (Increased by 54.3% in September).

Prices also increased for October.  The median sales price was up by 15.9% from last year (down by 6.5% in September) while the average sales price increased by 10.4% (was down by 1.9% last month).

The inventory of available single-family homes increased from last month by 111 homes to 985 units for October,  this is 0.6% more than last October of 2017.  The current supply of homes is 4.8 months, for October of last year, it was also a 4.8 months supply.  We’re still in a seller’s 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 October 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes October 2018 Market Report

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

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

Martin County Single Family Homes October 2018 Market Report

Florida Townhouses and Condos October 2018 Market Report

12.07.18 by

Florida Townhouses and Condos October 2018 Market Report

The Florida Townhouses and Condos October 2018 Market Report remains active and surpassed last year’s activity levels.  Closed sales were up by 14.1% as compared to last month’s increase of 14.6% and new sales under contract (new pending sales) decreased by 0.8% (In September there was a 44.1% increase).

Prices, also, continued to rise for October though not as much as they were in the earlier months of the year.  Median sales prices were up by 5.9% (was up by 5.5% in September), while the average sales price increased by 8.0% (was up 7.6% in September).

The inventory of active listings increased by 5.4% from Octoberof last year.  For October 2018 we have 5.5 months of inventory as compared to 5.6 months for October 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos October 2018 Market Report

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

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

Florida Townhouses and Condos October 2018 Market Report

St Lucie County Townhouses and Condos September 2018 Market Report

11.08.18 by

St Lucie County Townhouses and Condos September 2018 Market Report

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

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

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

St Lucie County Townhouses and Condos September 2018 Market Report

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

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

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

 

St Lucie County Townhouses and Condos September 2018 Market Report

Martin County Townhouses and Condos September 2018 Market Report

11.06.18 by

Martin County Townhouses and Condos September 2018 Market Report

Martin County Townhouses and Condos September 2018 Market Report showed weaker sales activity when compared to September of 2017.  Closed sales for the month were down by 24.1% (was down by 7.0% in August) while new sales under contract (new pending sales) were down by 7.8% from September 2017 (decreased by 16.5 in August).

Prices, however, continue to rise significantly.  The median sales price increased by 13.3% (was up by 27.5% in August) while the average sales price increased by 24.0% (was up by 34.8% in August) as compared to September of 2017.

The inventory of available townhouses and condos decreased by 20 units to 299 properties as compared to last month.  This is 14.8% less inventory then the September 2017 data.  Currently, there’s a 3.0 month supply of inventory (compared to 3.7 months for September 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos September 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos September 2018 Market Report

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

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

Martin County Townhouses and Condos September 2018 Market Report

Florida Townhouses and Condos September 2018 Market Report

11.02.18 by

Florida Townhouses and Condos September 2018 Market Report

The Florida Townhouses and Condos September 2018 Market Report continues to proceed with stroger activity when compared to last year.  Closed sales were up by 14.6% as compared to last month’s increase of 6.6% and new sales under contract (new pending sales) increased by 44.1% (In August there was a 3.8% decrease).

Prices, also, continued to rise for September though at a slightly slower rate than in past months.  Median sales prices were up by 5.5% (was up by 8.8% in August), while the average sales price increased by 7.6% (was up 10.1% in August).

The inventory of active listings increased by 2.9% from September of last year.  For September 2018 we have 5.3 months of inventory (was also 5.3 months in August) and compared to 5.4 months for September 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos September 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos September 2018 Market Report

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

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

Florida Townhouses and Condos September 2018 Market Report

St Lucie County Townhouses and Condos August 2018 Market Report

10.10.18 by

St Lucie County Townhouses and Condos August 2018 Market Report

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

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

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

St Lucie County Townhouses and Condos August 2018 Market Report

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

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

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

 

St Lucie County Townhouses and Condos August 2018 Market Report

Martin County Townhouses and Condos August 2018 Market Report

10.08.18 by

Martin County Townhouses and Condos August 2018 Market Report

Martin County Townhouses and Condos August 2018 Market Report showed weaker sales activity when compared to August of 2017.  Closed sales for the month were down by 24.1% (was down by 7.0% in July) while new sales under contract (new pending sales) were down by 7.8% from August 2017 (decreased by 16.5 in July).

Prices, however, continue to rise significantly.  The median sales price increased by 13.3% (was up by 27.5% in July) while the average sales price increased by 24.0% (was up by 34.8% in July) as compared to August of 2017.

The inventory of available townhouses and condos decreased by 20 units to 299 properties as compared to last month.  This is 14.8% less inventory then the August 2017 data.  Currently, there’s a 3.0 month supply of inventory (compared to 3.7 months for August 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos August 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos August 2018 Market Report

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

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

Martin County Townhouses and Condos August 2018 Market Report

Florida Townhouses and Condos August 2018 Market Report

10.04.18 by

Florida Townhouses and Condos August 2018 Market Report

The Florida Townhouses and Condos August 2018 Market Report remains in a strong market with better activity when compared to last year.  Closed sales were up by 6.6% as compared to last month’s increase of 8.5% and new sales under contract (new pending sales) decreased by 3.8% (In July there was a 1.8% increase).

Prices, also, continued to rise for August though at a slightly slower rate than in past months.  Median sales prices were up by 8.8% (was up by 5.3% in July), while the average sales price increased by 10.1% (was up 1.0% in July).

The inventory of active listings increased by 0.4% from August of last year.  For August 2018 we have 5.3 months of inventory (was also 5.3 months in July) and compared to 5.4 months for August 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos August 2018 Market Report

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

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

Florida Townhouses and Condos August 2018 Market Report

St Lucie County Townhouses and Condos July 2018 Market Report

09.13.18 by

St Lucie County Townhouses and Condos July 2018 Market Report

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

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

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

St Lucie County Townhouses and Condos July 2018 Market Report

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

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

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

 

St Lucie County Townhouses and Condos July 2018 Market Report