Search Results for: St Lucie County Townhouses and Condos Market Report

Martin County Townhouse and Condo Sales 2019 Yearly Review

02.18.20 by

Martin County Townhouse and Condo Sales 2019 Yearly Review

The Martin County Townhouse and Condo Sales for 2019 showed reduced sales activity when compared to 2018.   Year to year closed sales were down by 9.6% as compared to 2018 which were up by 1.5% and new sales under contract (new pending sales) decreased by 8.2% (2018 saw a decrease of 2.7%).

Martin County Townhouse and Condo Sales 2019 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 6.7% and 8.5% respectively (2018 numbers were 6.4% and 6.4%).  A little bit stronger than the increases of last year.

Inventory decreased by 8.8% as compared to the 2018’s decrease of 11.4%. And the supply of inventory rose to 4.2 months as compared to 3.5 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 2019 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.

Recent market reports:

Martin County Townhouse and Condo Sales 2018 Yearly Review

Florida Townhouse and Condo Sales 2019 Yearly Review

02.14.20 by

Florida Townhouse and Condo Sales 2019 Yearly Review

The Florida Townhouse and Condo Sales for 2019 had weaker sales results from last year.   Year to year closed sales were down by 0.8% as compared to 2018 which saw a increase of 4.9% and new sales under contract (new pending sales) increased by 0.2% (2018 saw a increase of 2.2%).

Florida Townhouse and Condo Sales 2019 Yearly Review
Click the image to view the full report

Both median and average sales prices were up (year to year) by 3.8% and 2.7% respectively (2018 numbers were 7.2% and 7.7%).  A slower (and more sustainable) rate of increase than last year.

Inventory decreased by 9.7% as compared to 2018’s increase of 8.0%. While the supply of inventory dropped to 5.2 months as compared to 5.7 months for 2017.  Remaining in a seller’s market for Florida townhouses and condos.

 Click here to view or download the full report: 
Townhouses and Condos Sales in Florida for 2019

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 2019 Yearly Review

St Lucie County Townhouses and Condos December 2019 Market Report

01.30.20 by

St Lucie County Townhouses and Condos December 2019 Market Report

The St Lucie County Townhouses and Condos market for December 2019 had a very strong end of the year.  Closed sales were up by 35.9% from last year (were up by 12.6% in November). New pending sales were up by 21.5% for December (they were down by 1.1% in November).

Prices were mixed for December.  The median price decreased by 10.2% from last year (was up by 3.3% in November) while the average sales price increased by 1.3% (was up by 2.7 % in November).

The inventory of available townhouses and condos increased by 1 unit from last month to 581 units, which is 5.1% greater than December 2018. The current inventory is 5.9 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues to be close to 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 2019 Market Report

 

Click to download the full report

View previous St. Lucie County market reports 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.

St Lucie County Townhouses and Condos December 2019 Market Report

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Miles Grant Condos January 2020 Market Report

01.30.20 by

Miles Grant Condos January 2020 Market Report

For January 2020 there are 5 condos available to purchase in the Miles Grant community of Stuart, FL in Rocky Point.  These condos had list prices ranging from $105,000 up to $170,000.  This equals an average list price of $138,960 which works out to $121.86 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $138,000 or $116.36 per sq. ft. of living area.  This condo was on the market for 81 days before going under contract.

In the past 12 months, 26 Miles Grant condos have sold.  Sales prices ranged from $71,000 up to $184,000.  This works out to an average sales price of $125,017 which equals $109.64 per sq. ft. of living area.  These homes averaged 43 days on the market before going under contract and sold for an average of 97% of list price.

About Miles Grant Homes and Condos in Stuart FL

Miles Grant in Stuart FL

All Miles Grant homes and condos for sale:

The Miles Grant community lies on the southern edge of the Rocky Point area of Stuart FL just north of Cove Road and very close to the Saint Lucie inlet and the Intracoastal Waterway.  This community is home to the Miles Grant Country Club.  The Miles Grant Golf Course is a par 64 course with some of the best conditions for golfers available in the local area.  There’s also 7 tennis courts and an active tennis club.  A full-service clubhouse with dining facilities and social membership.  More information about the Miles Grant Country Club can be found on their web site at www.MilesGrant.net.

Miles Grant in Stuart FL

Associated with the Country Club are the condos, townhouses, and homes making up the Miles Grant community.  These include the two phases of the Miles Grant Condominiums Phase 1 and Phase 2, Hanson’s Landing condos, River Pines townhouses, Fairway Villas of Miles Grant, Pine Breeze Golf Villas, Lakeside Villas of Miles Grant, Country Club Apartments, and Country Club Cove.

Miles Grant in Stuart FL

Most of these homes and condos were built between the years of 1973 and 1979. 

Miles Grant in Stuart FL

Social membership in the Miles Grant Country Club is mandatory with the exception of Hansons Landing, River Pines, and Country Club Cove condos where it is optional.  This membership costs $1480.00 a year with food and drinks minimum of $350 per person.

Search here for all Miles Grant Condos

Search here for all Miles Grant Homes

Hanson’s Landing Condo Search

River Pines Townhouses Search

Country Club Cove

View past Miles Grant condo market reports here

Miles Grant Condos January 2020 Market Report

Martin County Townhouses and Condos December 2019 Market Report

01.28.20 by

Martin County Townhouses and Condos December 2019 Market Report

The Martin County Townhouses and Condos December Market Report had slightly better sales activity when compared to last year.  Closed sales for the month were up by 6.0%.  And, they were down by 7.5% in November.  New sales under contract (new pending sales) were unchanged from December 2018.  They increased by 16.1% in November.

Prices, though, continued to rise for December.  The median sales price increased by 9.7% (was up by 12.5% in November). While the average sales price increased by 10.8% (was up by 3.9% in November).

The inventory of available townhouses and condos increased by 9 units to 382 properties.  This is an 8.8% larger inventory then we had in December 2018.  Currently, there’s a 4.2 months supply of inventory (compared to 3.5 months for December 2018).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, 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 2019 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

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 2019 Market Report

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Florida Townhouses and Condos December 2019 Market Report

01.24.20 by

Florida Townhouses and Condos December 2019 Market Report

For December 2019, Florida Townhouses and Condos ended 2019 with very strong sales activity.  Closed sales were up by 17.7% as compared to last month’s decrease of 6.3%.  New sales under contract (new pending sales) increased by 8.3% (In November there was an 8.6% increase).

Prices were also up for December.  The median sales price was up by 8.1% (was up by 5.4% in November), while the average sales price increased by 11.5& (was up 1.9% in November).

The inventory of active listings decreased by 9.7% from December of last year.  This results in 5.2 months of inventory as compared to 5.8 months for December 2018.  Remaining 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 December 2019 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.

Florida Townhouses and Condos December 2019 Market Report

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Schooner Oaks January 2020 Real Estate Market Report

01.23.20 by

Schooner Oaks January 2020 Real Estate Market Report

As of January 2020, there is only 1 home for sale in Schooner Oaks in Stuart, FL. This townhome is available to buy at a list price of $259,900 or $140.03 per sq. ft. of living area.

There are no homes currently under contract at this time.

In the past 12 months, 8 Schooner Oaks homes have sold. The sales prices ranged from $235,000 up to $295,000. This works out to an average sales price of $259,738 which equals $153.45 per sq. ft. of living area. These homes went under contract in an average of 70 days and sold for 95% of list price.

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

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 2020 Real Estate Market Report

Tradewinds on Hutchinson Island January 2020 Market Report

01.12.20 by

Tradewinds on Hutchinson Island January 2020 Market Report

As of January 2020, there were no townhomes for sale in Tradewinds on Hutchinson Island in Jensen Beach FL.

There are also no townhouses currently under contract.

In the past 12 months, 2 homes have sold.  The sales prices were $388,000 and $390,000 for an average sales price of  $389,000 which equals $203.03 per sq. ft. of living area.  These townhomes averaged 68 days on the market before going under contract. The sales prices averaged 98% of list price.

About Tradewinds in Jensen Beach:

Tradewinds on Hutchinson Island in Jensen Beach

Located west of A-1-A  (Ocean Drive) on Hutchinson Island in Jensen Beach (Saint Lucie County) and just approximately 3 miles north of the Jensen Beach Causeway is this unique townhome community by the name of Tradewinds.

Tradewinds on Hutchinson Island in Jensen Beach

There are a total of 14 townhomes in Tradewinds.  Two large Spanish Med-style units on the north end were completed in 2009 while the other 10 are in a Key West style and were completed between 2012 and 2014.

The older units are quite large with over 3,500 sq. ft. of living space on two and three levels and numerous bedrooms and bathrooms and garages.  The newer units are all 3 bedroom, 2 and ½ bathroom homes with approximately 2,300 sq. ft. of living area with reserved parking.  There is one end unit that has a detached garage.

Tradewinds on Hutchinson Island in Jensen Beach

All ages are welcome and up to two large pets are OK.  Rentals are also permitted with some restrictions.

Tradewinds on Hutchinson Island in Jensen Beach

These townhomes are deeded as condos. The monthly fees include maintenance and insurance for all structures and common areas.  There is a community pool as well as a community pier with deeded docks on the Indian River (Intracoastal Waterway).  Residents of these townhomes have the ability to go fishing on the Intracoastal from their boat or right from the dock, or simply just walk across the street to enjoy the crystal clear waters of the Atlantic Ocean.

Because of the limited number of residences in the Tradewinds, these don’t come on the market very often. So, please contact me for a listing alert for any new townhomes that come on the market in the Tradewinds.

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.

Tradewinds on Hutchinson Island January 2020 Market Report

St Lucie County Townhouses and Condos November 2019 Market Report

12.30.19 by

St Lucie County Townhouses and Condos November 2019 Market Report

The St Lucie County Townhouses and Condos market for November 2019 showed mixed activity as compared to last year.  Closed sales were up by 12.6% from last year (were down by 17.5% in October). New pending sales were down by 1.1% for November (they were up by 13.9% in October).

Prices were up for November, though at a reduced rate.  The median price increased by 3.3% from last year (was up by 0.2% in October) while the average sales price increased by 2.7% (was down by 6.6% in October).

The inventory of available townhouses and condos increased by 5 units from last month to 581 units, which is 6.2% greater than November 2018. The current inventory is 6.0 months, as compared to 5.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues to be in 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 2019 Market Report

 

Click to download the full report

Click here to view past St. Lucie County townhouses and condos market reports

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.

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St Lucie County Townhouses and Condos November 2019 Market Report

Martin County Townhouses and Condos November 2019 Market Report

12.26.19 by

Martin County Townhouses and Condos November 2019 Market Report

The Martin County Townhouses and Condos November Market Report had decreased sales activity when compared to last year.  Closed sales for the month were down by 7.5%.  They were up by 9.8% in October.  While new sales under contract (new pending sales) were down by 16.1% from November 2018.  They increased by 18.5% in October.

Prices, however, continued to rise for November.  The median sales price increased by 12.5% (was up by 16.8% in October) while the average sales price increased by 3.9% (was up by 29.0% in October).

The inventory of available townhouses and condos increased by 3 units to 373 properties.  This is a 5.7% larger inventory then we had in November 2018.  Currently, there’s a 4.1 months supply of inventory (compared to 3.5 months for November 2018).  Remaining in a 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 2019 Market Report
Click here to download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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 Posts:

Martin County Townhouses and Condos November 2019 Market Report

Florida Townhouses and Condos November 2019 Market Report

12.23.19 by

Florida Townhouses and Condos November 2019 Market Report

For November 2019, Florida Townhouses and Condos had mixed sales results when compared to last November.  Closed sales were down by 6.3% as compared to last month’s decrease of 0.5%.  New sales under contract (new pending sales) increased by 8.6% (In October there was a 4.2% increase).

Prices, though, were up for November.  The median sales price was up by 5.4% (was up by 5.8% in October), while the average sales price increased by 1.9% (was up 2.9% in October).

The inventory of active listings decreased by 7.1% from November of last year.  We now have 5.5 months of inventory as compared to 5.7 months for November 2018.  Remaining 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 November 2019 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 Posts:

Florida Townhouses and Condos November 2019 Market Report

St Lucie County Townhouses and Condos October 2019 Market Report

12.16.19 by

St Lucie County Townhouses and Condos October 2019 Market Report

The St Lucie County Townhouses and Condos market for October 2019 showed mixed activity as compared to last year.  Closed sales were down by 17.5% from last year (were up by 1.3% in September). New pending sales were up by 13.9% for October (they were down by 11.3% in September).

Prices were mixed for October.  The median price increased by 0.2% from last year (was down by 3.3% in September) while the average sales price decreased by 6.6% (was down by 17.8% in September).

The inventory of available townhouses and condos increased by 28 units from last month to 576 units, which is 6.7% greater than October 2018. The current inventory is 6.0 months, as compared to 5.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market has transitioned into 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 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos market reports

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 2019 Market Report

Crestwood Townhome Condos December 2019 Market Report

12.16.19 by

Crestwood Townhome Condos December 2019 Market Report

There is 1 townhome available for purchase in the Crestwood subdivision in December 2019. The list price is $275,000 or $115.69 per sq. ft. of living area.

There is also 1 townhome under contract. It was listed for $215,000 which is $126.47 per sq. ft. of living area. This condo-townhome was only on the market for 3 days before going under contract.

In the past 12 months, 3 Crestwood townhome-condos have sold. The sales prices ranged from $195,000 up to $270,000. This works out to an average sales price of $243,333 which equals $118.03 per sq. ft. of living area. They sold for an average of 97% of list price and went under contract in an average of 13 days of being listed.

About Crestwood Townhome Condos:

Crestwood Townhomes in Stuart FL

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.

Crestwood Townhomes in Stuart FL

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 gazebo and barbecue area.

Crestwood Townhomes in Stuart FL

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.

Crestwood Townhomes in Stuart FL

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.

Crestwood Townhomes in Stuart FL

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

Click here to view the Crestwood Townhome Condos 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 2019 Market Report

Martin County Townhouses and Condos October 2019 Market Report

12.12.19 by

Martin County Townhouses and Condos October 2019 Market Report

The Martin County Townhouses and Condos October Market Report had better sales activity when compared to last year.  Closed sales for the month were up by 9.8%.  They were down by 17.8% in September.  While new sales under contract (new pending sales) were up by 18.5% from October 2018.  They increased by 17.5% in September.

Prices were up significantly for October.  The median sales price increased by 16.8% (was down by 11.7% in September) while the average sales price increased by 29.0% (was down by 19.1% in September).

The inventory of available townhouses and condos increased by 35 units to 370 properties.  This is a 6.6% larger inventory then we had in October 2018.  Currently, there’s a 4.1 months supply of inventory (compared to 3.4 months for October 2018).  Remaining in a 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 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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 2019 Market Report

Florida Townhouses and Condos October 2019 Market Report

12.10.19 by

Florida Townhouses and Condos October 2019 Market Report

For October 2019, Florida Townhouses and Condos had mixed sales results when compared to last October.  Closed sales were down by 0.5% as compared to last month’s increase of 6.1%.  New sales under contract (new pending sales) increased by 4.2% (In September there was a 0.4% decrease).

Prices, though, were up for October.  The median sales price was up by 5.8% (was also up by 5.8% in September), while the average sales price increased by 2.9% (was up 1.3% in September).

The inventory of active listings decreased by 3.7% from October of last year.  We now have 5.4 months of inventory as compared to 5.5 months for October 2018.  Remaining 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 2019 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.

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.

Florida Townhouses and Condos October 2019 Market Report

St. Lucie County Townhouses and Condos 2019 3’rd Quarter Report

11.19.19 by

St. Lucie County Townhouses and Condos 2019 3’rd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 3’rd Quarter 2019.

St. Lucie County Townhouses and Condos 2019 3'rd Quarter Report

The Saint Lucie Count townhouses and condo real estate market had weaker sales activity for the third quarter of 2019 when compared to the same period last year.  Prices were also lower when compared to last year.   The inventory was up, but only slightly. This segment of the Saint Lucie County real estate is currently just about in a balanced market. (A balanced market is one considered to have an absorption rate of 6 to 7 months.)

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

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2019 3’rd Quarter Report

St Lucie County Townhouses and Condos September 2019 Market Report

11.11.19 by

St Lucie County Townhouses and Condos September 2019 Market Report

The St Lucie County Townhouses and Condos market for September 2019 showed mixed activity as compared to last year.  Closed sales were up by 1.3% from last year (were down by 29.9% in August). New pending sales were down by 11.3% for September (they were down by 14.4% in August).

Prices were lower for September.  The median price decreased by 3.3% from last year (was up by 4.9% in August) while the average sales price decreased by 17.8% (was down by 23.3% in August).

The inventory of available townhouses and condos increased by 17 units from last month to 548 units, which is 8.3% greater than September 2018. The current inventory is 5.6 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s 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 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos market reports

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 2019 Market Report

Martin County Townhouses and Condos September 2019 Market Report

11.06.19 by

Martin County Townhouses and Condos September 2019 Market Report

The Martin County Townhouses and Condos September Market Report had mixed sales activity when compared to last year.  Closed sales for the month were down by 17.8%.  They were up by 1.2% in August.  While new sales under contract (new pending sales) were up by 17.5% from September 2018.  They decreased by 19.6% in August.

Prices were up significantly for September.  The median sales price increased by 16.8% (was down by 11.7% in August) while the average sales price increased by 29.0% (was down by 19.1% in August).

The inventory of available townhouses and condos decreased by 25 units to 335 properties.  This is a 3.2% smaller inventory then we had for in September 2018.  Currently, there’s a 3.7 month supply of inventory (compared to 3.0 months for September 2018).  Remaining in a 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 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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 2019 Market Report

Florida Townhouses and Condos September 2019 Market Report

11.01.19 by

Florida Townhouses and Condos September 2019 Market Report

For September 2019, Florida Townhouses and Condos had mixed sales results when compared to last September.  Closed sales were up by 6.1% as compared to last month’s decrease of 2.9%.  New sales under contract (new pending sales) decreased by 0.4% (In August there was a 1.4% decrease).

Prices, though, were up for September.  The median sales price was up by 5.8% (was up by 2.7% in August), while the average sales price increased by 1.3% (was up 3.1% in August).

The inventory of active listings decreased by 0.6% from September of last year.  We now have 5.3 months of inventory which is the same as the 5.3 months for September 2018.  Remaining 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 2019 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.

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.

Florida Townhouses and Condos September 2019 Market Report

St Lucie County Townhouses and Condos August 2019 Market Report

10.09.19 by

St Lucie County Townhouses and Condos August 2019 Market Report

The St Lucie County Townhouses and Condos market for August 2019 has now had four consecutive months of activity that is weaker than last year..  Closed sales were down by 29.9% from last year (were down by 6.8% in July). New pending sales were down by 14.4% for August (they were down by 11.3% in July).

Prices were mixed for August.  The median price increased by 4.9% from last year (was down by 10.1% in July) while the average sales price decreased by 23.3% (was up by 4.8% in July).

The inventory of available townhouses and condos decreased by 21 units from last month to 531 units, which is 7.7% greater than August 2018. The current inventory is 5.5 months, as compared to 4.7 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s 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 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos market reports

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 2019 Market Report