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

St Lucie County Townhouses and Condos December 2021 Market Report

01.26.22 by

St Lucie County Townhouses and Condos December 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last December. The unprecedented low inventory is the primary factor for these results. Closed sales were down by 20.3% from last year (were down by 20.5% in November). New pending sales were down by 19.8% for December (they were down by 24.3% last month).

Prices continued to rise in December. The median price increased by 5.5% from last year (was down by 4.0% in November) and the average sales price increased by 21.7% (was up by 7.5% in November).

The inventory of available townhouses and condos decreased by 23 units from last month to 146 residences. This is 54.2% less inventory than we had in December 2020. The current inventory supply is 1.1 months, as compared to 2.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight 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 2021 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 2021 Market Report

Martin County Townhouses and Condos December 2021 Market Report

01.24.22 by

Martin County Townhouses and Condos December 2021 Market Report

The Martin County Townhouses and Condos had slightly weaker sales volume compared to last December. Mostly because of the low inventory of available homes. Closed sales for the month were down by 1.7%.  They were down by 29.6% in November.  New sales under contract (new pending sales) were up by 1.1% from last year.  They were down by 11.9% in November.

Prices also continued to rise for December.  The median sales price increased by 28.0% (was up by 4.3% last month). While the average sales price increased by 14.1% (was up by 38.5% in November).

The inventory of available townhouses and condos decreased by 8 units to 143 properties.  This is a 73.4% smaller supply of inventory than we had in December 2020.  Currently, there’s a 0.7 months supply of inventory (compared to 2.9 months for December 2020).  We remain in a very extreme seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos December 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

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.

Martin County Townhouses and Condos December 2021 Market Report

Florida Townhouses and Condos December 2021 Market Report

01.22.22 by

Florida Townhouses and Condos December 2021 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. This is an improvement from last month’s results. Closed sales were up by 5.4% as compared to last month’s decrease of 5.6%.  New sales under contract (new pending sales) increased by 5.9% (In November, a 0.4% decrease).

Prices continued to rise in December.  The median sales price was up by 19.9% (was up by 17.6% in November). While the average sales price increased by 22.4% (was up 19.6% in November).

The inventory of active listings decreased by 55.8% from December of last year.  This results in 1.5 months supply of inventory as compared to 4.7 months for December 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2021 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 2021 Market Report

Tradewinds on Hutchinson Island January 2022 Market Report

01.15.22 by

Tradewinds on Hutchinson Island January 2022 Market Report

As of January 2022, 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 Tradewinds homes have sold.  The sales prices were $495,000 and $795,000. This is an average sales price of $645,000 which equals $238.44 per sq. ft. of living area.  These townhomes were on the market for an average of 30 days before going under contract. The sales prices were 99% of the list price.

Previous Tradewins market reports.

About Tradewinds in Jensen Beach:

Tradewinds on Hutchinson Island in Jensen Beach Florida
Google Earth image

Tradewinds townhomes for sale:

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.

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.

Tradewinds on Hutchinson Island in Jensen Beach Florida
Google Earth image

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.

Recently sold Tradewinds townhomes:

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

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.

Tradewinds on Hutchinson Island in Jensen Beach

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.

Tradewinds on Hutchinson Island in Jensen Beach

Tradewinds townhomes for sale

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 2022 Market Report

Miles Grant Condos January 2022 Market Report

01.12.22 by

Miles Grant Condos January 2022 Market Report

For January 2022, there are no condos available to purchase in the Miles Grant community of Stuart, FL in Rocky Point.

There are 4 condos currently under contract.  These condos had list prices ranging from $135,000 up to $259,000.  This is an average list price of $189,475 or $162.31 per sq. ft. of living area.  These condos were on the market for an average of 29 days before going under contract.

In the past 12 months, 37 Miles Grant condos have sold.  Sales prices ranged from $95,000 up to $195,000.  This works out to an average sales price of $148,259 which equals $125.42 per sq. ft. of living area.  These homes averaged 40 days on the market before going under contract and sold for an average of 96% of list price.

Click here to view recent Miles Grant condo market reports!

About Miles Grant Homes and Condos in Stuart FL

Miles Grant Country Club in Rocky Point in Stuart Florida
Google Earth image

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 are 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 website at www.MilesGrant.net.

Miles Grant Country Club in Rocky Point in Stuart Florida

Google Earth image

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.

Recent Miles Grant sales:

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

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.

Miles Grant in Stuart FL

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

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.

Miles Grant Condos January 2022 Market Report

Schooner Oaks January 2022 Real Estate Market Report

01.06.22 by

Schooner Oaks January 2022 Real Estate Market Report

As of January 2022, there are no homes for sale in Schooner Oaks in Stuart, FL.

There are also no homes under contract at this time.

In the past 12 months, 3 Schooner Oaks homes have sold. The sales prices ranged from $230,000 up to $800,000. This works out to an average sales price of $452,300 which equals $244.39 per sq. ft. of living area. These homes went under contract in an average of 50 days and sold for an average of 96% of the list price.

Click here to view recent Schooner Oaks market reports!

About Schooner Oaks in Rocky Point:

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

Schooner Oaks homes for sale:

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

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

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

Recent Schooner Oak sales:

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

Schooner Oaks in Rocky Point

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

Schooner Oaks in Rocky Point

Search here for any available Schooner Oaks Condos for sale

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 2022 Real Estate Market Report

St Lucie County Townhouses and Condos November 2021 Market Report

12.29.21 by

St Lucie County Townhouses and Condos November 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last November. The low inventory is the primary factor for these results. Closed sales were down by 20.5% from last year (were down by 38.9% in October). New pending sales were down by 24.3% for November (they were down by 24.4% last month).

Prices were mixed for November. The median price decreased by 4.0% from last year (was up by 29.1% in October) and the average sales price increased by 7.5% (was up by 34.2% in October).

The inventory of available townhouses and condos decreased by 11 units from last month to 169 residences. This is 53.3% less inventory than we had in November 2020. The current inventory supply is 1.2 months, as compared to 3.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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 2021 Market Report

St Lucie County Single Family Homes November 2021 Market Report

12.28.21 by

St Lucie County Single Family Homes November 2021 Market Report

The November 2021, St Lucie County Single Family Home market had improved sales activity when compared to last year. Closed sales were up by 8.0% for the month compared to last year (in October they were up by 7.7%). New sales under contract (new pending sales) increased by 12.1% (they were up by 7.5% last month).

Prices continued to rise in November.  The median sales price was up by 29.1% (was up by 28.8% in October).  The average sales price was up by 34.2% (it was up by 25.4% in October).

The number of available home listings decreased by 45 homes to 704 homes.  This inventory is 29.2% less than last year.  The current supply of homes is only 1.2 months (it was 1.9 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Townhouses and Condos November 2021 Market Report
Click here 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 Single Family Homes November 2021 Market Report

Martin County Townhouses and Condos November 2021 Market Report

12.27.21 by

Martin County Townhouses and Condos November 2021 Market Report

The Martin County Townhouses and Condos had weaker sales activity than last November. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales for the month were down by 29.6%.  They were down by 18.4% in October.  New sales under contract (new pending sales) were down by 11.9% from last year.  They were down by 12.8% in October.

Prices, however, continued to rise for November.  The median sales price increased by 4.3% (was up by 16.5% last month). While the average sales price increased by 38.5% (was up by 15.3% in October).

The inventory of available townhouses and condos increased by 46 units to 151 properties.  This is a 47.8% smaller supply of inventory than we had in November 2020.  Currently, there’s a 1.3 months supply of inventory (compared to 3.0 months for November 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos November 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

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.

Martin County Townhouses and Condos November 2021 Market Report

Florida Townhouses and Condos November 2021 Market Report

12.23.21 by

Florida Townhouses and Condos November 2021 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. This is an improvement from last month’s results. Closed sales were up by 5.4% as compared to last month’s decrease of 5.6%.  New sales under contract (new pending sales) increased by 5.9% (In October, a 0.4% decrease).

Prices continued to rise in November.  The median sales price was up by 19.9% (was up by 17.6% in October). While the average sales price increased by 22.4% (was up 19.6% in October).

The inventory of active listings decreased by 55.8% from November of last year.  This results in 1.5 months supply of inventory as compared to 4.7 months for November 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2021 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 2021 Market Report

Crestwood Townhome Condos December 2021 Market Report

12.17.21 by

Crestwood Townhome Condos December 2021 Market Report

There are no townhomes available for purchase in the Crestwood subdivision in December 2021.

There are also no townhomes currently under contract.

In the past 12 months, 7 Crestwood townhome-condos have sold. The sales prices ranged from $227,500 up to $279,000. This works out to an average sales price of $253,917 which equals $142.63 per sq. ft. of living area. They sold for an average of 98% of the list price and went under contract in an average of 23 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

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 2021 Market Report

St Lucie County Townhouses and Condos October 2021 Market Report

11.28.21 by

St Lucie County Townhouses and Condos October 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity than last October. Mostly because of the extremely low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 38.9% from last year (were down by 26.9% in September). New pending sales were down by 24.4% for October (they were down by 35.6% last month).

Prices, once again, rose in October. The median price increased by 29.6% from last year (was up by 20.5% in September) and the average sales price increased by 23.0% (was up by 23.5% in September).

The inventory of available townhouses and condos increased by 5 units from last month to 180 residences. This is 50.3% less inventory than we had in October 2020. The current inventory supply is 1.3 months, as compared to 3.5 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 October 2021 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 2021 Market Report

Martin County Townhouses and Condos October 2021 Market Report

11.26.21 by

Martin County Townhouses and Condos October 2021 Market Report

The Martin County Townhouses and Condos had weaker sales activity than last October. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales for the month were down by 18.4%.  They were down by 2.5% in September.  New sales under contract (new pending sales) were down by 12.8% from last year.  They were down by 17.0% in September.

Prices, however, continued to rise in October.  The median sales price increased by 16.5% (was up by 21.3% last month). While the average sales price increased by 15.3% (was up by 35.3% in September).

The inventory of available townhouses and condos decreased by 12 units to 105 properties.  This is a 63.3% smaller supply of inventory than we had in October 2020.  Currently, there’s a 0.9 months supply of inventory (compared to 3.0 months for October 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to download the full report

Search for previous Martin County townhouses and condos market reports

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.

Martin County Townhouses and Condos October 2021 Market Report

Florida Townhouses and Condos October 2021 Market Report

11.23.21 by

Florida Townhouses and Condos October 2021 Market Report

Florida Townhouses and Condos showed slower sales activity when compared to last year. Reflecting the low inventory that is currently available. Closed sales were down by 5.6% as compared to last month’s increase of 4.9%.  New sales under contract (new pending sales) decreased by 0.4% (In September, a 3.0% increase).

Prices, though, continued to rise in October.  The median sales price was up by 17.6% (was up by 17.2% in September). While the average sales price increased by 19.6% (was up 18.7% in September).

The inventory of active listings decreased by 54.0% from October of last year.  This results in 1.6 months supply of inventory as compared to 4.9 months for October 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2021 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 2021 Market Report

St. Lucie County Townhouses and Condos 2021 3rd Quarter Report

11.17.21 by

St. Lucie County Townhouses and Condos 2021 3rd 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 2nd Quarter 2021.

St. Lucie County Townhouses and Condos 2021 3rd Quarter Report

For the 3rd quarter of 2021, the Saint Lucie Count townhouses and condo real estate market had weaker sales volume when compared to the 3rd quarter of 2020.   Prices were mixed with a higher average sales price and a slightly lower median price. Currently, our biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the near future.

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

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2021 3rd Quarter Report

St Lucie County Townhouses and Condos September 2021 Market Report

10.29.21 by

St Lucie County Townhouses and Condos September 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 26.9% from last year (were down by 16.9% in August). New pending sales were down by 35.6% for September (they were down by 16.2% last month).

Prices, however, rose in September. The median price increased by 20.5% from last year (was up by 11.0% in August) and the average sales price increased by 23.5% (was down by 0.3% in August).

The inventory of available townhouses and condos increased by 1 unit from last month to 175 residences. This is 54.8% less inventory than we had in September 2020. The current inventory supply is 1.2 months, as compared to 4.0 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 2021 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 2021 Market Report

Martin County Townhouses and Condos September 2021 Market Report

10.27.21 by

Martin County Townhouses and Condos September 2021 Market Report

The Martin County Townhouses and Condos had weaker sales activity than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales for the month were down by 2.5%.  They were down by 2.8% in August.  New sales under contract (new pending sales) were down by 17.0% from last year.  They were up by 6.6% in August.

Prices, however, continued to rise in September.  The median sales price increased by 21.3% (was up by 14.0% last month). While the average sales price increased by 35.3% (was up by 31.4% in August).

The inventory of available townhouses and condos decreased by 18 units to 117 properties.  This is a 60.9% smaller supply of inventory than we had in September 2020.  Currently, there’s a 1.0 month supply of inventory (compared to 3.3 months for September 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos September 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

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.

Martin County Townhouses and Condos September 2021 Market Report

Florida Townhouses and Condos September 2021 Market Report

10.25.21 by

Florida Townhouses and Condos September 2021 Market Report

Florida Townhouses and Condos showed some improved closed sales when compared to last year. New pending sales, however, were off slightly, reflecting the low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 4.9% as compared to last month’s increase of 13.1%.  New sales under contract (new pending sales) decreased by 3.0% (In August, a 3.7% increase).

Prices, though, continued to rise in September.  The median sales price was up by 17.2% (was up by 16.1% in August). While the average sales price increased by 18.7% (was up 18.9% in August).

The inventory of active listings decreased by 52.2% from September of last year.  This results in 1.7 months supply of inventory as compared to 5.1 months for August 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos September 2021 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 2021 Market Report

St Lucie County Townhouses and Condos August 2021 Market Report

09.29.21 by

St Lucie County Townhouses and Condos August 2021 Market Report

The St Lucie County Townhouses and Condos market for August 2021 showed fewer closed and new pending sales when compared to last year. This is most likely a result of the historically low inventory of properties available for sale. There appear to be many buyers but not enough available or affordable listings. Closed sales were down by 16.9% from last year (were up by 5.1% in July). New pending sales were down by 16.2% for August (they were down by 19.5% last month).

Prices were down for August.  This is the first month of decreasing prices in quite some time. The median price decreased by 11.0% from last year (was down by 3.9% in July) and the average sales price decreased by 0.3% (was up by 22.8% in July).

The inventory of available townhouses and condos increased by 36 units from last month to 174 residences. This is 56.7% less inventory than we had in August 2020. The current inventory supply is 1.2 months, as compared to 4.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2021 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 2021 Market Report

Martin County Townhouses and Condos August 2021 Market Report

09.27.21 by

Martin County Townhouses and Condos August 2021 Market Report

The Martin County Townhouses and Condos showed less closed sales when compared to last year. New pending sales, however, did show a small improvement. Currently, the inventory is very low and prices are quite high making this a difficult market. Closed sales for the month were down by 2.8%.  They were up by 8.9% in July.  New sales under contract (new pending sales) were up by 6.6% from last year.  They were down by 25.0% in July.

Prices continued to rise in August.  The median sales price increased by 14.0% (was up by 17.8% last month). While the average sales price increased by 31.4% (was up by 26.9% in July).

The inventory of available townhouses and condos increased by 4 units to 135 properties.  This is a 57.5% smaller supply of inventory than we had in August 2020.  Currently, there’s a 1.1 months supply of inventory (compared to 3.6 months for August 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos August 2021 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

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.

Martin County Townhouses and Condos August 2021 Market Report