Search Results for: market report

Martin County Single Family Homes April 2017 Market Detail

05.31.17 by

Martin County Single Family Homes April 2017 Market Detail

The Martin County Single Family Homes Market Detail for April 2017 showed weaker sales activity when compared to last April.  Closed sales were down by 2.3% (was up by 11.3% in March). New pending sales decreased by 18.2% as compared to April of 2016 (Decreased by 3.3% in March).

Prices continued to increase though at a much slower rate with the median sales price up by 2.8% from last year (up by 8.7% in March) while the average price increased by 0.8% (was up by 8.0% last month).

The inventory of available single family homes decreased from last month by 49 homes to 1,045 units for April,  this is still 4.2% greater than last April.  The current supply of homes is 5.2 months, for April of last year it was a 4.9 months supply. (This is a 6.1% increase from last year).  Still a sellers’ 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 April 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes April 2017 Market Detail

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 April 2017 Market Detail

Florida Townhouses and Condos April 2017 Market Detail

05.30.17 by

Florida Townhouses and Condos April 2017 Market Detail

The Florida Townhouses and Condos Market Detail for April 2017 showed weaker activity for April when compared to last year.   Closed sales were down by 4.0% as compared to last month’s increase of 11.4% and new sales under contract (new pending sales) decreased by 5.5% (In March there was a 7.1% increase).

Prices were mixed for the month.  Median sales prices were up by 7.2% (was up by 9.4% in March), while the average sales price decreased by 0.9% (was up 10.7% in March).  Some weakness after many months of increases.

The inventory of active listings decreased by 1.3% from April of last year.  For April 2017 we have 6.1 months of inventory (was 6.3 months in March) and compared to 6.2 months for April 2016.  We remain in a balanced 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 April 2017 Market Detail

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos April 2017 Market Detail

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 April 2017 Market Detail

Florida Single Family Homes April 2017 Market Detail

05.29.17 by

Florida Single Family Homes April 2017 Market Detail

The Florida Single Family Homes Market Detail for April 2017 showed weaker sales activity when compared to last April.  Closed sales were down by 1.2% (were up by 9.3% in March) and new sales under contract (new pending sales) were down by 4.4% (were up by 3.6% in March).

However, both the median and average sales prices continued to rise when compared to last year.  Up by 10.3% and 8.3% respectively, compared to March’s 10.4% and 11.3%.

The inventory of available homes for sale fell by 5.2% from last year.  For April there was a 4.0 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (April of 2016 had a 4.3 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes April 2017 Market Deta

Click here to view or download the full report:

Florida Single Family Homes April 2017 Market Detail

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 Single Family Homes April 2017 Market Detail

St. Lucie County Townhouses and Condos 2017 1’st Quarter Report

05.28.17 by

Quarterly Market Report for St. Lucie County Townhouses and Condos

1’st Quarter 2017

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 1’st Quarter 2017.

St. Lucie County Townhouses and Condos 2017 1'st Quarter Report

Sales and pending sales volume was up slightly this quarter as compared to the 1’st quarter of 2016 while prices continued to rise fairly impressively.  Active inventory decreased making the Saint Lucie County townhouse and condo market in a slight sellers’ market.

View the entire set of data at GabeSanders.com

St. Lucie County Single Family Homes 2017 1’st Quarter Report

05.27.17 by

Quarterly Market Report for St. Lucie County Single Family Homes

1’st Quarter 2017

Click the image below to view the full details of the St. Lucie County single family homes market report data as reported by St. Lucie County Realtor for the 1’st Quarter 2017.

St. Lucie County Single Family Homes 2017 1'st Quarter Report

Continued growth for the first quarter as compared to 2016 and some very impressive price gains as well.  Even a stronger sellers’ market for the St. Lucie County single family homes real estate market.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2017 1’st Quarter Report

05.26.17 by

Quarterly Market Report for Martin County Townhouses and Condos

1’st Quarter 2017

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Martin County Realtor for the 1’st Quarter 2017.

Martin County Townhouses and Condos 2017 1'st Quarter Report

Both closed and pending sales increased for this quarter when compared to the 1’st quarter of 2016.  The median and average sales prices continued eased when compared to last year and inventory increased to a 4.7 months supply.  It still a seller’s market for Martin County townhouses and condos.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2017 1’st Quarter Report

05.25.17 by

Quarterly Market Report for Martin County Single Family Homes

1’st Quarter 2017

Click the image below to view the full details of the Martin County single family homes market report data as reported by Martin County Realtor for the 1’st Quarter 2017.

Martin County Townhouses and Condos 2017 1'st Quarter Report

Closed and new pending sales were up for the 1’st quarter when compared to last year and prices also increased.  Martin County single family homes remained in a sellers’ market though inching closer to a balanced market.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2017 1’st Quarter Report

05.24.17 by

Quarterly Market Report for Florida Townhouses and Condos

1’st Quarter 2017

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 1’st Quarter 2017.

Florida Townhouses and Condos 2017 1'st Quarter Report

Continued strong growth for the quarter as compared to one year ago with prices continuing their rise, though at a bit of a more moderate pace.  The inventory remained unchanged and we are still in a balanced market.

View the entire set of data at GabeSanders.com

Florida Single Family Homes 2017 1’st Quarter Report

05.23.17 by

Quarterly Market Report for Florida Single Family Homes

1’st Quarter 2017

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 1’st Quarter 2017.

Florida Single Family Homes 2017 1'st Quarter Report

Positive results in sales volume for the 1’st Quarter 2017 and the prices continue to rise. Still a strong sellers’ market for Florida single family homes.

View the entire set of data at GabeSanders.com

St Lucie County Townhouses and Condos March 2017 Market Detail

05.02.17 by

St Lucie County Townhouses and Condos March 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for March 2017 showed another month of strong gains.  Closed sales were up by 16.1% from last year (was up 1.4% in February) while new pending sales decreased by 0.6% (was up by 5.8% in February).

Values continue to rise impressively with the median price up by 28.0% (was up by 41.6% in February) while the average sales price increased by 13.3% (was up by 17.5% in February).  I’ve been expecting prices to moderate for some time so these increases are surprising.

The inventory of available townhouses and condos decreased by 36 units from last month to 569 units, which is 13.1% less than March 2016. The current supply is 5.9 months, which is 10.6% lower than the 6.6 months of inventory last year.  The St Lucie County townhouses and condos is slipping back into a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos March 2017 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos March 2017 Market Detail

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

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

St Lucie County Townhouses and Condos March 2017 Market Detail

St Lucie County Single Family Homes March 2017 Market Detail

04.30.17 by

St Lucie County Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes Market Detail for March 2017 showed improved activity for the month.  Closed sales were up by 11.6% (in February they were up by 5.1%) and new sales under contract (new pending sales) increased by 4.4% (they were down by 0.5% last month).

Prices continue to show very strong increases.  The median and average sales prices up by 15.7% and 14.9% respectively from last March (For February these numbers were up 18.2% and 16.6%).  While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 74 homes to 1,740 homes.  This inventory is 8.0% lower than last year.  The current supply of homes is at 3.9 months (was 4.1 months for February)  This is 4.9% lower than last year.  The St Lucie County single family home market remains a strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes March 2017 Market Detail

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 March 2017 Market Detail

Martin County Townhouses and Condos March 2017 Market Detail

04.28.17 by

Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos Market Detail for March 2017 had a bit slower closed sales for the month as compared to last year, while new pending activity looks good.  Closed sales for the month were down by 2.5% (was up by 1.0% in February) while new sales under contract (new pending sales) were up by 8.8% from March 2016 (decreased by 6.8% in February).

Prices were down again for March as the median sales price decreased by 13.0% (was down by 2.2% in February) while the average sales price decreased by 19.6% (was down by 14.4% in February) as compared to March of 2016.  Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place.  Though this market is till active.

The inventory of available townhouses and condos decreased by 26 units to 445 properties as compared to last month.  This is 12.9% greater than the March 2016 inventory.  Currently, there’s a 4.7 month supply of inventory (a 17.5% increase from last year which was 4.0 months).  Still a sellers 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 March 2017 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos March 2017 Market Detail

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 March 2017 Market Detail

Martin County Single Family Homes March 2017 Market Detail

04.27.17 by

Martin County Single Family Homes March 2017 Market Detail

The Martin County Single Family Homes Market Detail for March 2017 continues to show gains from last year though not quite as robust as last month’s gains.  Closed sales were up by 11.3% (was up by 17.8% in February). New pending sales decreased by 3.3% as compared to March of 2016 (Increased by 10.0% in February).

Prices continued to increase with the median sales price up by 8.7% from last year (up by 10.2% in February) while the average price increased by 8.0% (was up by 23.9% last month).

The inventory of available single family homes decreased from last month by 47 homes to 1,094 units for March,  this is 1.5% greater than last March.  Current supply of homes is 5.5 months, for March of last year it was a 5.2 months supply. (This is a 5.8% increase from last year).  Still a sellers 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 March 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes March 2017 Market Detail

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 March 2017 Market Detail

Florida Townhouses and Condos March 2017 Market Detail

04.25.17 by

Florida Townhouses and Condos March 2017 Market Detail

The Florida Townhouses and Condos Market Detail for March 2017 continued with strong sales activity.   Closed sales were up by 11.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) increased by 7.1% (In February there was a 0.5% increase).

Values continued to increase though at a strong pace.  Median sales prices were up by 9.4% (was up by 11.7% in February), while the average sales price increased by 10.7% (was up 8.5% in February).  As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory decreased by 0.1% from March of last year.  For March 2017 we have 6.3 months of inventory (was  6.4 months in February) and compared to 6.2 months for March 2016.  We remain in a balanced market for Florida townhouse and condo sales but are drifting slowly towards a buyers market in the past year. 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 March 2017 Market Detail

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos March 2017 Market Detail

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 March 2017 Market Detail

Florida Single Family Homes March 2017 Market Detail

04.24.17 by

Florida Single Family Homes March 2017 Market Detail

The Florida Single Family Homes Market Detail for March 2017 rebounded with increased activity from last March.  Closed sales were up by 9.3% (were down by 0.5% in February) and new sales under contract (new pending sales) were up by 3.6% (were down by 2.0% in February).

Both the median and average sales prices continued to rise from March 2016 to March 2017.  Up by 10.4% and 11.3% respectively, compared to February’s 12.5% and 9.5%.

The inventory of available homes for sale fell by 4.9% from last year.  For March there was a 4.1 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (March of 2016 had a 4.4 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes March 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes March 2017 Market Detail

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 Single Family Homes March 2017 Market Detail

St Lucie County Townhouses and Condos February 2017 Market Detail

04.04.17 by

St Lucie County Townhouses and Condos February 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for February 2017 showed a stronger month from last year as well as last month.  Closed sales were up by 1.4% from last year (was down 12.3% in January) while new pending sales increased by 5.8% (was up by 2.0% in January).

Values shot higher for February with the median price up by 41.6% (was up by 11.1% in January) while the average sales price increased by 17.5% (was down by 1.4% in January).  I’ve been expecting prices to moderate for some time so this increase was quite a surprise.

The inventory of available townhouses and condos increased by 20 units from last month to 604 units, which is 9.3% less than February 2016. The current supply is 6.3 months, which is 4.5% lower than the 6.6 months of inventory last year.  The St Lucie County townhouses and condos continues as a balanced market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos February 2017 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos February 2017 Market Detail

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

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

St Lucie County Townhouses and Condos February 2017 Market Detail

St Lucie County Single Family Homes February 2017 Market Detail

04.03.17 by

St Lucie County Single Family Homes February 2017 Market Detail

St Lucie County Single Family Homes Market Detail for February 2017 showed improved sales activity for closed sales but weaker new pending sales year to year.  Closed sales were up by 5.1% (in January they were up by 8.1%) and new sales under contract (new pending sales) decreased by 0.5% (they were up by 8.1% last month).

Prices continued to show strong increases.  The median and average sales prices up by 18.2% and 16.6% respectively from last February (For January these numbers were up 8.9% and 16.1%).  While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 30 homes to 1,814 homes.  This inventory is 0.8% lower than last year.  The current supply of homes is at 4.1 months (also was 4.1 months for February of 2016)  This is unchanged from last year.  The St Lucie County single family home market remains in a strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes February 2017 Market Detail

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 February 2017 Market Detail

Martin County Townhouses and Condos February 2017 Market Detail

04.02.17 by

Martin County Townhouses and Condos February 2017 Market Detail

Martin County Townhouses and Condos Market Detail for February 2017 continued with good closed activity and weaker future activity with reduced pending sales.  Closed sales for the month were up by 1.0% (was up by 28.6% in January) while new sales under contract (new pending sales) were down by 6.8% from February 2016 (decreased by 15.6% in January).

Prices were down again for February as the median sales price decreased by 2.2% (was down by 15.6% in January) while the average sales price decreased by 14.4% (was down by 17.2% in January) as compared to February of 2016.  Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place.  Though this market is till active.

The inventory of available townhouses and condos decreased by 14 units to 471 properties as compared to last month.  This is 16.0% greater than the February 2016 inventory.  Currently, there’s a 5.0 month supply of inventory (a 22.0% increase from last year which was 4.1 months).  Still a sellers 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 February 2017 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos February 2017 Market Detail

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 February 2017 Market Detail

Martin County Single Family Homes February 2017 Market Detail

04.01.17 by

Martin County Single Family Homes February 2017 Market Detail

The Martin County Single Family Homes Market Detail for February 2017 regained momentum with a strong month.  Closed sales were up by 17.8% (was down by 24.0% in January). New pending sales decreased by 10.0% as compared to February of 2016 (Increased by 9.4% in January).

Prices continued to increase with the median sales price up by 10.2% from last year (up by 4.1% in January) while the average price increased by 23.9% (was down by 2.7% last month).

The inventory of available single family homes increased from last month by 10 homes to 1,141 units for February,  this is 7.8% greater than last February.  Current supply of homes is 5.8 months, for February of last year it was a 5.1 months supply. (This is a 13.7% increase from last year).  Drifting closer to a balanced 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 February 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes February 2017 Market Detail

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 February 2017 Market Detail

Florida Townhouses and Condos February 2017 Market Detail

03.31.17 by

Florida Townhouses and Condos February 2017 Market Detail

The Florida Townhouses and Condos Market Detail for February 2017 began the year with mostly positive activity when compared to last year.   Closed sales were up by 4.1% as compared to last months increase of 6.2% and new sales under contract (new pending sales) increased by 0.5% (In January there was a 6.5% increase).

Values continued to increase though at a strong pace.  Median sales prices were up by 11.7% (was up by 6.6% in January), while the average sales price increased by 8.5% (was up 4.0% in January).  As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory increased by 1.3% from February of last year.  For February 2017 we have 6.4 months of inventory (was also 6.4 months in January) and compared to 6.2 months for February 2016.  We remain in a balanced market for Florida townhouse and condo sales but are drifting slowly towards a buyers market in the past year. 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 February 2017 Market Detail

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos February 2017 Market Detail

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 February 2017 Market Detail