Search Results for: market report

St. Lucie County Townhouses and Condos 2016 4’th Quarter Report

03.16.17 by

Quarterly Market Report for St. Lucie County Townhouses and Condos

4’th Quarter 2016

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 4’th quarter of 2016.

St Lucie County Townhouse and Condo Quarterly Market Report

Sales and pending sale volume was down this quarter as compared to the 4’th quarter of 2015 while prices continued to rise though at a reduced rate.  Active inventory increased making the Saint Lucie County townhouse and condo market close to a balanced market.

View the entire set of data at GabeSanders.com

St. Lucie County Single Family Homes 2016 3’rd Quarter Report

03.15.17 by

Quarterly Market Report for St. Lucie County Single Family Homes

3’rd Quarter 2016

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 3’rd quarter of 2016.

St Lucie County Single Family Quarterly Market Report

Lower sales volume of closed and pending sales for this quarter as compared to 2015 while prices continue to go up dramatically.  Still a strong 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 2016 4’th Quarter Report

03.14.17 by

Quarterly Market Report for Martin County Townhouses and Condos

4’th Quarter 2016

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 4’th quarter of 2016.

Martin County Townhouse and Condo Quarterly Market Report

Both closed and pending sales were lower this year as compared to the 4’th quarter of 2015.  And median and average sales prices also were lower while sales volume remained strong but eased to 4.6 months supply of inventory.  It still a sellers market for Martin County townhouses and condos.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2016 4’th Quarter Report

03.13.17 by

Quarterly Market Report for Martin County Single Family Homes

4’th Quarter 2016

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 4’th quarter of 2016.

Martin County Single Family Quarterly Market Report

Closed and new pending sales were mixed for the 4’th quarter when compared to last year and price increases also moderated while 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 2016 4’th Quarter Report

03.12.17 by

Quarterly Market Report for Florida Townhouses and Condos

4’th Quarter 2016

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 4’th quarter of 2016.

Florida Townhouse and Condo Quarterly Market Report

Closed and pending sales were down for the quarter as compared to one year ago while prices continue to rise, though at a much more moderate pace.  The inventory increased and we are now in a balanced market.

View the entire set of data at GabeSanders.com

Florida Single Family Homes 2016 4’th Quarter Report

03.11.17 by

Quarterly Market Report for Florida Single Family Homes

4’th Quarter 2016

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 4’th quarter of 2016.

Florida Single Family Quarterly Market Report

Somewhat mixed results in sales volume for the 4’th quarter, while prices continue to rise and 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 January 2017 Market Detail

03.04.17 by

St Lucie County Townhouses and Condos January 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for January 2017 began the new year with weaker sales activity as compared to last January.  Closed sales were down by 12.3% from last year (was down 21.0% in December) while new pending sales increased by 2.0% (was down by 32.6% in December).

Values were mixed for January with the median price up by 11.1% (was up by 9.9% in December) while the average sales price decreased by 1.4% (was up by 9.2% in December).  I’ve been expecting prices to moderate for some time as the inventory continues to increase and sales volume does not keep up.

The inventory of available townhouses and condos increased by 37 units from last month to 584 units, which is 2.2% less than January 2016. The current supply is 6.1 months, which is 5.2% higher than the 5.8 months of inventory last year.  The St Lucie County townhouses and condos has moved into a balanced market for the first time in a few years. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos January 2017 Market Detail

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

St Lucie County Single Family Homes January 2017 Market Detail

03.03.17 by

St Lucie County Single Family Homes January 2017 Market Detail

St Lucie County Single Family Homes Market Detail for January 2017 showed improved sales activity with improved results year to year.  Closed sales were up by 8.1% (in December they were up by 8.9%) and new sales under contract (new pending sales) also increased by 8.1% (they were up by 4.8% last month).

Prices also continued their upward march.  The median and average sales prices up by 8.9% and 16.1% respectively from last January (For December these numbers were up 13.9% and 12.0%).  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 112 homes to 1,844 homes.  This inventory is 2.7% higher than last year.  The current supply of homes is at 4.1 months (4.0 months for January of 2016)  This is 2.5% greater than 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 January 2017 Market Detail

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

Martin County Townhouses and Condos January 2017 Market Detail

03.02.17 by

Martin County Townhouses and Condos January 2017 Market Detail

Martin County Townhouses and Condos Market Detail for January 2017 began the year with strong closed activity and weaker future activity with reduced pending sales.  Closed sales for the month were up by 28.6% (was down by 26.2% in December) while new sales under contract (new pending sales) were down by 15.6% from January 2016 (increased by 11.8% in December).

Prices were down for January as the median sales price decreased by 15.6% (was down by 4.4% in December) while the average sales price decreased by 17.2% (was up by 0.9% in December) as compared to January 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 increased by 58 units to 485 properties as compared to last month.  This is 15.5% greater than the January 2016 inventory.  Currently, there’s a 5.2 month supply of inventory (a 23.8% increase from last year which was 4.2 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 January 2017 Market Detail

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

Martin County Single Family Homes January 2017 Market Detail

03.01.17 by

Martin County Single Family Homes January 2017 Market Detail

The Martin County Single Family Homes Market Detail for January 2017 began the year with reduced sales volume from last year yet an increase in pending sales.  Closed sales were down by 24.0% (was up by 14.7% in December). New pending sales increased by 9.4% as compared to January of 2016 (Decreased by 21.6% in December).

Prices, however, increased with the median sales price up by 4.1% from last year (up by 11.6% in December) while the average price increased by 2.7% (was down by 9.3% last month).

The inventory of available single family homes increased from last month by 133 homes to 1,131 units for January,  this is 13.2% greater than last January.  Current supply of homes is 5.8 months, for January of last year it was a 4.8 months supply. (This is a 20.8% increase from last year).  Drifting close 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 January 2017 Market Detail

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

Florida Townhouses and Condos January 2017 Market Detail

02.27.17 by

Florida Townhouses and Condos January 2017 Market Detail

The Florida Townhouses and Condos Market Detail for January 2017 began the year with mostly positive activity when compared to last year and the previous month.   Closed sales were up by 6.2% as compared to last months decrease of 5.2% and new sales under contract (new pending sales) increased by 6.5% (In December there was a 2.1% decrease).

Values continued to increase though at a more moderate pace.  Median sales prices were up by 6.6% (was up by 7.7% in December), while the average sales price increased by 4.0% (was up 4.2% in December).  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 6.3% from January of last year.  For January 2017 we have 6.4 months of inventory (was  6.0 months in December) and compared to 5.8 for January 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 January 2017 Market DetailFlorida Townhouses and Condos January 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 January 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 January 2017 Market Detail

Florida Single Family Homes January 2017 Market Detail

02.26.17 by

Florida Single Family Homes January 2017 Market Detail

The Florida Single Family Homes Market Detail for January 2017 showed continued positive sales activity from last year, though at a reduced rate of growth.  Closed sales were up by 5.2% (was up by 0.8% in December) and new sales under contract (new pending sales) were up by 3.8% (was down by 1.1% in December).

Both the median and average sales prices continued to rise from January 2016 to January 2017.  Up by 10.1% and 4.0% respectively, compared to December’s 9.2% and 2.0%.

The inventory of available homes for sale fell by 0.7% from last year.  For January there was a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (January 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 January 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes January 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 January 2017 Market Detail

St Lucie County Townhouses and Condos December 2016 Market Detail

02.02.17 by

St Lucie County Townhouses and Condos December 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for December 2016 continued with weaker sales activity as compared to last December.  Closed sales were down by 21.0% from last year (was down 12.8% in November) while new pending sales decreased by 32.6% (was down by 7.8% in November).

Values however bucked the trend and increased for December with the median price up by 9.9% (was up by 0.8% in November) while the average sales price increased by 9.2% (was down by 11% in November).  I’ve been expecting prices to moderate for some time as the inventory continues to increase and sales volume does not keep up.

The inventory of available townhouses and condos decreased by 6 units from last month to 547 units, which is 8.1% greater than December 2015. The current supply of units is 5.7 months, which is 16.3% higher than the 4.9 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market though it is getting very close to being balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos December 2016 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 December 2016 Market Detail

St Lucie County Single Family Homes December 2016 Market Detail

02.01.17 by

St Lucie County Single Family Homes December 2016 Market Detail

St Lucie County Single Family Homes Market Detail for December 2016 showed improved sales activity with improved results year to year as well as month to month.  Closed sales were up by 8.9% (in November they were up by 0%) and new sales under contract (new pending sales) increased by 4.8% (they were up by 3.3% last month).

Prices also continued their upward march.  The median and average sales prices up by 13.9% and 12.0% respectively from last December (For November these numbers were up 22.5% and 18.5%).  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 63 homes to 1,732 homes.  This inventory is 6.6% higher than last year.  The current supply of homes is at 3.9 months (3.6 months for December of 2015)  This is 8.3% greater than last year.  The St Lucie County single family home market remains in a very strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes December 2016 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 December 2016 Market Detail

Martin County Townhouses and Condos December 2016 Market Detail

01.31.17 by

Martin County Townhouses and Condos December 2016 Market Detail

Martin County Townhouses and Condos Market Detail for December 2016 had a sizeable drop in closed sales while future (pending sales) increased.  Closed sales for the month were down by 26.2% (was up by 8.5% in November) while new sales under contract (new pending sales) were up by 11.8% from December 2015 (decreased by 15.8% in November).

Prices were mostly flat or down for December as the median sales price decreased by 4.4% (was up by 1.8% in November) while the average sales price increased by 0.9% (was down by 18.1% in November) as compared to December of 2015.  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 increased by only 1 unit to 427 properties as compared to last month.  This is 14.2% greater than the December 2015 inventory.  Currently, there’s a 4.6 month supply of inventory (a 24.3% increase from last year which was 3.7 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 December 2016 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos December 2016 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 December 2016 Market Detail

Martin County Single Family Homes December 2016 Market Detail

01.30.17 by

Martin County Single Family Homes December 2016 Market Detail

The Martin County Single Family Homes Market Detail for December 2016 showed mixed results for sales volume with an increase in closed sales but a decrease in pending sales.  Closed sales were up by 14.7% (was up by 0.6% in November). New pending sales decreased by 21.6% as compared to December of 2015 (Decreased by 4.1% in November).

And, there also was mixed signals for prices with the median sales price increasing by 11.6% from last year (down by 0.7% in November) while the average price decreased by 9.3% (was up by 17.2% last month).

The inventory of available single family homes decreased from last month by 39 homes to 998 units for December,  this is 7.4% greater than last December.  Current supply of homes is 5.0 months, for December of last year it was a 4.5 months supply. (This is a 11.1% 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 December 2016 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes December 2016 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 December 2016 Market Detail

Florida Townhouses and Condos December 2016 Market Detail

01.29.17 by

Florida Townhouses and Condos December 2016 Market Detail

The Florida Townhouses and Condos Market Detail for December 2016 showed weaker activity for the last month of this year when compared to last year and the previous month.   Closed sales were down by 5.2% as compared to last months increase of 4.1% and new sales under contract (new pending sales) decreased by 2.1% (In November there was a 2.3% increase).

Values, however, continued to increase though at a more moderate pace.  Median sales prices were up by 7.7% (was up by 8% in November), while the average sales price increased by 4.2% (was up 4.5% in November).  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 13.2% from December of last year.  For December 2016 we have 6.0 months of inventory (was  6.1 months in November) and compared to 5.3 for December 2015.  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 December 2016 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 December 2016 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 December 2016 Market Detail

Florida Single Family Homes December 2016 Market Detail

01.28.17 by

Florida Single Family Homes December 2016 Market Detail

The Florida Single Family Homes Market Detail for December 2016 showed continued strong sales activity from last year, though at a slower rate of growth.  Closed sales were up by 0.8% (was up by 12.8% in November) and new sales under contract (new pending sales) were down by 1.1% (was up by 8.3% in November).

Both the median and average sales prices continued to rise from December 2015 to December 2016.  Up by 9.2% and 2.0% respectively, compared to November’s 10% and 6.2%.

The inventory of available homes for sale fell by 2.9% from last year.  For December there was only a 3.9 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (December of 2015 had a 4.1 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 December 2016 Market Detail

Click here to view or download the full report:

Florida Single Family Homes December 2016 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 December 2016 Market Detail

St Lucie County Townhouses and Condos November 2016 Market Detail

01.03.17 by

St Lucie County Townhouses and Condos November 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for November 2016 had weaker sales activity as compared to last November.  Closed sales were down by 12.8% from last year (was down 16.2% in October) while new pending sales decreased by 7.8% (was down by 33.3% in October).

Price changes were mixed for November with the median price up by 0.8% (was up by 11.9% in October) while the average sales price decreased by 11% (was up by 13.4% in October).  I’ve been expecting prices to moderate for some time as the inventory continues to increase and sales volume does not keep up.

The inventory of available townhouses and condos increased by 23 units from last month to 553 units, which is 4.3% greater than November 2015. The current supply of units is 5.7 months, which is 11.8% higher than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market though it is getting closed to being balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos November 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos November 2016 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 November 2016 Market Detail

St Lucie County Single Family Homes November 2016 Market Detail

01.02.17 by

St Lucie County Single Family Homes November 2016 Market Detail

St Lucie County Single Family Homes Market Detail for November 2016 showed improved sales activity from last year though at a reduced rate.  Closed sales were up by 0% (in October they were down by 24.5%) and new sales under contract (new pending sales) increased by 3.3% (they were down by 8.9% last month).

Prices, however, continue their upward march at strong rates.  The median and average sales prices up by 22.5% and 18.5% respectively from last November (For October these numbers were up 12.0% and 13.4%).  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 increased by 110 homes to 1,795 homes.  This inventory is 9.3% higher than last year.  The current supply of homes is at 4.1 months (3.6 months for November of 2015)  This is 13.9% greater than last year.  The St Lucie County single family home market remains in a very strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes November 2016 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes November 2016 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 November 2016 Market Detail