Search Results for: martin county single family

June 2013 Monthly Market Detail Martin County Single Family Homes

07.29.13 by

June 2013 Monthly Market Detail Martin County Single Family Homes

Another month of solid gains year to year for the June 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors.   Closed sales were up by 24.4% and new sales under contract (new pending sales) increased by 43.9%

Both the median and average sales prices increased this month (after decreases in May)by percentages of 13.8% and 31% respectively.

The inventory of available single family homes have decreased to only 1102 units which is down by 28.3% from last June.  Current supply of inventory is only 6.3 months (a 39.5% decrease from last year).  We are now at a balance market for residential sales in Martin County.  There’s no reason not to expect a sellers market should the inventory continue to decrease.

Please look at the full Martin County single family market detail by clicking on the links below:

June 2013 Market Detail for Martin County Single Family

 

Click here to view or download the full report:
June 2013 Monthly Market Detail Martin County Single Family Homes

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.

June 2013 Monthly Market Detail Martin County Single Family Homes

May 2013 Monthly Market Detail Martin County Single Family Homes

06.28.13 by

May 2013 Monthly Market Detail Martin County Single Family Homes

Solid market activity though not as strong as previous spring reports for the May 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors.   Year to year closed sales were up by 5.5% and new sales under contract (new pending sales) increased by 43.7%

Both the median and average sales prices decreased this month by year to year percentages of 16.3% and 20.2% respectively.

The inventory of available single family homes have decreased to only 1166 units which id down by 29.9% from last May.  Current supply of inventory is only 6.8 months (a 40.2% decrease from last year).   If this trend continues (and we see no reason to doubt it) we will soon be in a balanced market for the single family real estate market in Martin County.  There’s no reason not to expect a sellers market should the inventory continue to decrease.

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Click here to view or download the full report:
May 2013 Monthly Market Detail Martin County Single Family Homes

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.

May 2013 Monthly Market Detail Martin County Single Family Homes

April 2013 Monthly Market Detail Martin County Single Family Homes

05.30.13 by

April 2013 Monthly Market Detail Martin County Single Family Homes

Another excellent month as reported by Florida Realtors for the April 2013 Monthly Market Detail Martin County Single Family Homes.   Year to year closed sales were up by 28.9% and new sales under contract (new pending sales) increased by 47.3%

Both the median and average sales prices have risen year over year by 23.5% and 32% respectively.

The inventory of available single family homes have decreased to 1216 units which id down by 29.1% from last April.  Current supply of inventory is only 7.2 months (a 41.5% decrease from last year).   If this trend continues (and we see no reason to doubt it) we will soon be in a balanced market for the single family real estate market in Martin County.  There’s no reason not to expect a sellers market should the inventory continue to decrease.April 2013 Market Detail Martin County Single Family

Here’s the summary chart from the Florida Realtors report:

 

Click here to view or download the full report:
April 2013 Monthly Market Detail Martin County Single Family Homes

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.

April 2013 Monthly Market Detail Martin County Single Family Homes

March 2013 Monthly Market Detail Martin County Single Family Homes

05.11.13 by

March 2013 Monthly Market Detail Martin County Single Family Homes

Some very positive results reported by Florida Realtors for the March 2013 Monthly Market Detail Martin County Single Family Homes.   Year to year closed sales were up by 22.7% and new sales under contract (new pending sales) increased by 37.4%

Both the median and average sales prices have risen year over year by 19.4% and 23% respectively.

The inventory of available townhouses and condos have decreased to 1274 units which id down by 27.3% from last March.  Current supply of inventory is only 7.7 months (a 38.1% decrease from last year).   If this trend continues (and we see no reason to doubt it) we will soon be in a balanced market for the single family real estate market in Martin County.  There’s no reason not to expect a sellers market should the inventory continue to decrease.Martin County Single Family Homes

Here’s the summary chart from the Florida Realtors report:

 

Click here to view or download the full report:
March 2013 Monthly Market Detail Martin County Single Family Homes

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.

March 2013 Monthly Market Detail Martin County Single Family Homes

St Lucie County Townhouses and Condos November 2024 Market Report

12.28.24 by

St Lucie County Townhouses and Condos November 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 36.2% from last year (they were down by 17.9% in October). New pending sales were down by 38.4% (they were down by 30.3% last month).

Prices were mixed for November. The median price increased by 7% from last year (was down by 25.1% in October) and the average sales price decreased by 5.3% (was down by 24.4% in September).

The available townhouses and condos inventory increased by 55 units from last month to 766 residences. This is a 45.9% greater inventory than we had in November 2023. The current inventory supply is 9.8 months, as compared to 6.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate 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 November 2024 Market Report

St Lucie County Single Family Homes November 2024 Market Report

12.27.24 by

St Lucie County Single Family Homes November 2024 Market Report

The November 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 16.9% for the month compared to the previous year (in October they were down by 15.8%). New sales under contract (new pending sales) were the same as last year – 393 (down by 14.1% last month).

Prices decreased in slightly in November when compared to last year.  The median sales price was down by 1.1% (it was up by 2.0% in October).  The average sales price was down by 5.9% (it was up by 3.2% in October). It will be interesting to see full year analysis next month.

The number of available homes for sale increased to 2,311.  This inventory is 37.7% greater than last year. The current supply of homes is 5.2 months (it was 3.5 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate 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 2024 Market Report

Martin County Townhouses and Condos November 2024 Market Report

12.26.24 by

Martin County Townhouses and Condos November 2024 Market Report

The Martin County Townhouses and Condos real estate market had stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were up by 47.7%.  They were up by 16.4% in October.  New sales under contract (new pending sales) were the same as last year (73).  They were up by 8.8% in October.

Prices dropped in November.  The median sales price decreased by 33.8% (was down by 6.8% last month). And, the average sales price decreased by 29% (was down by 25.5% in October).

The available townhouses and condos inventory increased to 627 properties.  This is a 48.2% greater supply of inventory than we had in November 2023.  Currently, there’s a 7.6-month supply of inventory (compared to 5 months for November 2023).  We remain in a balanced market slightly favoring buyers 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.

Please click on the image or link below to download the full Florida single-family real estate 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 2024 Market Report

Florida Single Family Homes November 2024 Market Report

12.23.24 by

Florida Single Family Homes November 2024 Market Report

The Florida Single Family Home real estate market had slightly weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales were down by 3.5% (were down by 5.6% in October). New sales under contract (new pending sales) were UP by 12% (were down by 7.8% in October), perhaps reflecting consumer optimism.

Prices were mixed for October when compared to last year.  The (year-to-year) median sales price was down by 0.6% (up by 1.2% in October). And, the average sales price was up by 3.4% (up by 2.5% last month).

The inventory of available homes for sale increased by 26.9% from last year.  This represents a 4.8-month supply of inventory (November 2023 had a 3.7-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered one with a 6 to 7-month supply of inventory. 

Please click on the image or link below to download the full Florida single-family real estate market report.

Previous Florida real estate market report posts.

Download/View the full report
Recent Florida 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.

Florida Single Family Homes November 2024 Market Report

 

St Lucie County Townhouses and Condos October 2024 Market Report

11.30.24 by

St Lucie County Townhouses and Condos October 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 17.9% from last year (they were down by 14.9% in September). New pending sales were down by 30.3% (they were down by 5.4% last month).

Prices were down for October. The median price decreased by 25.1% from last year (was up by 1.4% in September) and the average sales price decreased by 24.4% (was up by 18.3% in September).

The available townhouses and condos inventory increased by 38 units from last month to 711 residences. This is a 53.6% greater inventory than we had in October 2023. The current inventory supply is 8.8 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate 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 2024 Market Report

St Lucie County Single Family Homes October 2024 Market Report

11.29.24 by

St Lucie County Single Family Homes October 2024 Market Report

The October 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 15.8% for the month compared to the previous year (in September they were down by 11.4%). New sales under contract (new pending sales) decreased by 14.1% (down by 7.3% last month).

Prices rose in slightly in October when compared to last year.  The median sales price was up by 2.0% (it was up by 2.0% in September too).  The average sales price was up by 3.2% (it was up by 2.1% in September).

The number of available homes for sale increased to 2,227.  This inventory is 43.2% greater than last year.  The current supply of homes is 4.9 months (it was 3.3 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate 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 October 2024 Market Report

Martin County Townhouses and Condos October 2024 Market Report

11.28.24 by

Martin County Townhouses and Condos October 2024 Market Report

The Martin County Townhouses and Condos real estate market had stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were up by 16.4%.  They were down by 18.3% in September.  New sales under contract (new pending sales) were up 8.8% from last year.  They were up by 8.7% in September.

Prices dropped in October.  The median sales price decreased by 6.8% (was up by 5.3% last month). And, the average sales price decreased by 25.5% (was up by 19.7% in September).

The available townhouses and condos inventory increased to 590 properties.  This is a 56.9% greater supply of inventory than we had in October 2023.  Currently, there’s a 7.3-month supply of inventory (compared to 4.4 months for October 2023).  We remain in a balanced market slightly favoring buyers 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.

Please click on the image or link below to download the full Florida single-family real estate 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 October 2024 Market Report

Florida Single Family Homes October 2024 Market Report

11.25.24 by

Florida Single Family Homes October 2024 Market Report

The Florida Single Family Home real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales were down by 5.6% (were down by 12.3% in September). New sales under contract (new pending sales) were down by 7.8% (were down by 1.9% in September).

Prices were mixed for September when compared to last year.  The (year-to-year) median sales price was up by 1.2% (down by 0.2% in September). And, the average sales price was up by 2.5% (down by 0.6% last month).

The inventory of available homes for sale increased by 31% from last year.  This represents a 4.7-month supply of inventory (October 2023 had a 3.5-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered one with a 6 to 7-month supply of inventory. 

Please click on the image or link below to download the full Florida single-family real estate market report.

Previous Florida real estate market report posts.

Download/View the full report
Recent Florida 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.

Florida Single Family Homes October 2024 Market Report

 

St Lucie County Townhouses and Condos September 2024 Market Report

10.28.24 by

St Lucie County Townhouses and Condos September 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 14.9% from last year (they were down by 29.5% in August). New pending sales were down by 5.4% (they were down by 35.2% last month).

Prices were up for September. The median price increased by 1.4% from last year (was up by 1.6% in August) and the average sales price increased by 18.3% (was up by 9.9% in August).

The available townhouses and condos inventory increased by 6 units from last month to 673 residences. This is a 66.2% greater inventory than we had in September 2023. The current inventory supply is 8.2 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos September 2024 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 2024 Market Report

St Lucie County Single Family Homes September 2024 Market Report

10.27.24 by

St Lucie County Single Family Homes September 2024 Market Report

The September 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 11.4% for the month compared to the previous year (in August they were up by 6.5%). New sales under contract (new pending sales) decreased by 7.3% (down by 3.5% last month).

Prices rose in September when compared to last year.  The median sales price was up by 2.0% (it was up by 2.5% in August).  The average sales price was up by 2.1% (it was up by 2.0% in August).

The number of available homes for sale increased by 51 homes to 2,235.  This inventory is 58.7% greater than last year.  The current supply of homes is 4.9 months (it was 3.0 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes September 2024 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 September 2024 Market Report

Martin County Townhouses and Condos September 2024 Market Report

10.26.24 by

Martin County Townhouses and Condos September 2024 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were down by 18.3%.  They were down by 29.8% in August.  New sales under contract (new pending sales) were up 8.7% from last year.  They were down by 19.0% in August.

Prices rose in September.  The median sales price increased by 5.3% (was down by 0.3% last month). And, the average sales price increased by 19.7% (was down by 10.2% in August).

The available townhouses and condos inventory increased by 13 units to 552 properties.  This is a 64.8% greater supply of inventory than we had in September 2023.  Currently, there’s a 6.9-month supply of inventory (compared to 3.8 months for September 2023).  We remain in a balanced market (Though the trajectory appears to be heading for a buyer’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.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Townhouses and Condos September 2024 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 2024 Market Report

Florida Single Family Homes September 2024 Market Report

10.23.24 by

Florida Single Family Homes September 2024 Market Report

The Florida Single Family Home real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales were down by 12.3% (were down by 1.1% in August). New sales under contract (new pending sales) were down by 1.9% (were down by 4.2% in August).

Prices were mixed for September when compared to last year.  The (year-to-year) median sales price was up by 0.2% (down by 0.8% in August). And, the average sales price was down by 0.6% (down by 1.9% last month).

The inventory of available homes for sale increased by 39.6% from last year.  This represents a 4.6-month supply of inventory (September 2023 had a 3.2-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered one with a 6 to 7-month supply of inventory. 

Please click on the image or link below to download the full Florida single-family real estate market report.

Previous Florida real estate market report posts.

Florida Single Family Homes September 2024 Market Report
Download/View the full report
Recent Florida 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.

Florida Single Family Homes September 2024 Market Report

 

Martins Crossing Real Estate Market Report September 2024

09.26.24 by

Martins Crossing Real Estate Market Report September 2024

For September 2024, 12 homes are available for sale in the Martins Crossing community of Stuart FL.  The list prices range from $329,000 up to $600,000. This is an average list price of $471,950 which equals $245.49 per sq. ft. of living area.

No Martins Crossing homes are currently under contract.

In the past twelve months, 21 Martins Crossing homes have sold.  Sales prices ranged from a low of $285,000 to a high of $625,000.  This equals an average sales price of $463,400 which works out to $245.78 per sq. ft. of living area.  These homes sold at an average of 98% of the last list price. And, they went under contract in an average of 29 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
Google Earth image

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts 596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing in Stuart Florida
Google Earth image

Martins Crossing community amenities include lush landscaping and private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, an oversized deck, tennis courts, and a playful tot lot all nearby.

Martins Crossing in Stuart Florida
Google Earth image

Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping, and quick access to I-95.  All this in a wonderful ‘A-rated school system.

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Martins Crossing Real Estate Market Report September 2024

St Lucie County Townhouses and Condos August 2024 Market Report

09.25.24 by

St Lucie County Townhouses and Condos August 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 29.5% from last year (they were unchanged in July). New pending sales were down by 35.2% (they were down by 31.5% last month).

Prices were up for August. The median price increased by 1.6% from last year (was up by 2.7% in July) and the average sales price increased by 9.9% (was up by 1.1% in July).

The available townhouses and condos inventory increased by 8 units from last month to 667 residences. This is a 77.4% greater inventory than we had in August 2023. The current inventory supply is 8.1 months, as compared to 4.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos August 2024 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 2024 Market Report

St Lucie County Single Family Homes August 2024 Market Report

09.24.24 by

St Lucie County Single Family Homes August 2024 Market Report

The August 2024 St Lucie County Single Family real estate market showed slightly better sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were up by 6.5% for the month compared to the previous year (in July they were up by 4.2%). New sales under contract (new pending sales) decreased by 3.5% (down by 2.2% last month).

Prices were higher for August when compared to last year.  The median sales price was up by 2.5% (it was up by 1.0% in July).  The average sales price was up by 2.0% (it was up by 0.2% in July).

The number of available homes for sale increased by 117 homes to 2,184.  This inventory is 66.6% greater than last year.  The current supply of homes is 4.7 months (it was 2.7 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes August 2024 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 August 2024 Market Report

Martin County Townhouses and Condos August 2024 Market Report

09.23.24 by

Martin County Townhouses and Condos August 2024 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were down by 29.8%.  They were down by 22.5% in July.  New sales under contract (new pending sales) were down 19.0% from last year.  They were down by 43.2% in July.

Prices were also down for August.  The median sales price decreased by 0.3% (was down by 2.9% last month). And, the average sales price decreased by 10.2% (was down by 13.3% in July).

The available townhouses and condos inventory decreased by 2 units to 539 properties.  This is an 85.2% greater supply of inventory than we had in August 2023.  Currently, there’s a 6.6-month supply of inventory (compared to 3.3 months for August 2023).  We remain in a balanced 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.

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Martin County Townhouses and Condos August 2024 Market Report
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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 2024 Market Report