Search Results for: martin county single family

St Lucie County Townhouses and Condos May 2024 Market Report

06.26.24 by

St Lucie County Townhouses and Condos May 2024 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year. Even as we face headwinds with economic uncertainties and higher mortgage rates. Closed sales were down by 8.1% from last year (they were up by 4.0% in April). New pending sales were down by 28.4% (they were up by 17.7% last month).

Prices were down for May. The median price decreased by 2.3% from last year (was up by 4.9% in April) and the average sales price decreased by 7.3% (was up by 8.7% in April).

The available townhouses and condos inventory increased by 18 units from last month to 694 residences. This is an 85.1% greater inventory than we had in May 2023. The current inventory supply is 7.9 months, as compared to 4.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market has now entered a 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 May 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 May 2024 Market Report

St Lucie County Single Family Homes May 2024 Market Report

06.25.24 by

St Lucie County Single Family Homes May 2024 Market Report

The May 2024 St Lucie County Single Family real estate market showed slightly stronger sales activity when compared to last year. We continue to face headwinds with economic uncertainties and high mortgage rates. Closed sales were up by 1.6% for the month compared to the previous year (in April they were up by 4.6%). New sales under contract (new pending sales) decreased by 4.1% (they were down by 2.2% last month).

Prices were higher for May when compared to last year.  The median sales price was up by 2.6% (was up by 6.2% in April).  The average sales price was up by 10.2% (it was up by 10.3% in April).

The number of available homes for sale increased by 9 homes to 2,062.  This inventory is 76.1% greater than last year.  The current supply of homes is 4.4 months (it was 2.4 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 May 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 May 2024 Market Report

Martin County Townhouses and Condos May 2024 Market Report

06.24.24 by

Martin County Townhouses and Condos May 2024 Market Report

The Martin County Townhouses and Condos real estate market showed stronger sales activity when compared to last year. Even as we continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were up by 21.1%.  They were down by 4.2% in April.  New sales under contract (new pending sales) were down 18.4% from last year.  They were up by 20.4% in April.

Prices were down for May.  The median sales price decreased by 1.7% (was down by 0.8% last month). And, the average sales price decreased by 11.6% (was down by 14.6% in April).

The available townhouses and condos inventory increased by 7 units to 561 properties.  This is an 88.3% greater supply of inventory than we had in May 2023.  Currently, there’s a 6.4-month supply of inventory (compared to 3.5 months for May 2023).  We’ve re-entered 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.

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

Martin County Townhouses and Condos May 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 May 2024 Market Report

Florida Single Family Homes May 2024 Market Report

06.21.24 by

Florida Single Family Homes May 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. Closed sales were down by 0.5% (were up by 5.8% in April). New sales under contract (new pending sales) were down by 1.8% (were up by 0.8% in April).

Prices increased for May when compared to last year.  The (year-to-year) median sales price was up by 1.6% (it was up by 4.9% in April). And, the average sales price was up by 5.0% (it was up by 9.2% last month).

The inventory of available homes for sale increased by 60.5% from last year.  This represents a 4.4-month supply of inventory (May 2023 had a 2.7-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered 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.

Previous Florida real estate market report posts.

Florida Single Family Homes May 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 May 2024 Market Report

 

St Lucie County Townhouses and Condos April 2024 Market Report

05.27.24 by

St Lucie County Townhouses and Condos April 2024 Market Report

The St Lucie County Townhouses and Condos market showed slightly stronger sales activity when compared to last year. Even as we face headwinds with economic uncertainties and higher mortgage rates. Closed sales were up by 4.0% from last year (they were up by 7.1% in March). New pending sales were up by 17.7% (they were down by 13.8% last month).

Prices were up for April. The median price increased by 4.9% from last year (was down by 6.7% in March) and the average sales price increased by 8.7% (was up by 11.1% in March).

The available townhouses and condos inventory increased by 5 units from last month to 676 residences. This is a 73.8% greater inventory than we had in April 2023. The current inventory supply is 7.6 months, as compared to 4.7 months of inventory last year.  The St Lucie County townhouses and condos real estate market has now entered a seller’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 April 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 April 2024 Market Report

St Lucie County Single Family Homes April 2024 Market Report

05.26.24 by

St Lucie County Single Family Homes April 2024 Market Report

The April 2024 St Lucie County Single Family real estate market showed slightly stronger sales activity when compared to last year. We continue to face headwinds with economic uncertainties and high mortgage rates. Closed sales were up by 4.6% for the month compared to the previous year (in March they were down by 11.9%). New sales under contract (new pending sales) decreased by 2.2% (they were down by 8.5% last month).

Prices were higher for April when compared to last year.  The median sales price was up by 6.2% (was up by 4.0% in March).  The average sales price was up by 10.3% (it was up by 6.1% in March).

The number of available homes for sale increased by 99 homes to 2,053.  This inventory is 58.5% greater than last year.  The current supply of homes is 4.4 months (it was 2.6 months 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 April 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 April 2024 Market Report

Martin County Townhouses and Condos April 2024 Market Report

05.25.24 by

Martin County Townhouses and Condos April 2024 Market Report

The Martin County Townhouses and Condos real estate market showed slightly weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 4.2%.  They were down by 3.5% in March.  New sales under contract (new pending sales) were up 20.4% from last year.  They were down by 17.9% in March.

Prices were down for April.  The median sales price decreased by 0.8% (was up by 18.0% last month). And, the average sales price decreased by 14.6% (was up by 18.5% in March).

The available townhouses and condos inventory increased by 34 units to 554 properties.  This is a 71.0% greater supply of inventory than we had in April 2023.  Currently, there’s a 6.4-month supply of inventory (compared to 3.7 months for April 2023).  We’ve re-entered 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.

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

Martin County Townhouses and Condos April 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 April 2024 Market Report

Florida Single Family Homes April 2024 Market Report

05.22.24 by

Florida Single Family Homes April 2024 Market Report

The Florida Single Family Home real estate market had slightly stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were up by 5.8% (were down by 10.4% in March). New sales under contract (new pending sales) were up by 0.8% (were down by 3.0% in March).

Prices increased for April when compared to last year.  The (year-to-year) median sales price was up by 4.9% (it was up by 3.9% in March). And, the average sales price was up by 9.2% (it was up by 10.1% last month).

The inventory of available homes for sale increased by 52.9% from last year.  This represents a 4.2-month supply of inventory (April 2023 had a 2.6-month supply). Florida remains in a seller’s market with the advantage to sellers. 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.

Previous Florida real estate market report posts.

Florida Single Family Homes April 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 April 2024 Market Report

 

St Lucie County Townhouses and Condos March 2024 Market Report

04.25.24 by

St Lucie County Townhouses and Condos March 2024 Market Report

The St Lucie County Townhouses and Condos market showed slightly stronger sales activity when compared to last year. Even as we face headwinds with economic uncertainties and higher mortgage rates. Closed sales were up by 7.1% from last year (were up by 35.8% in February). New pending sales were down by 13.8% (they were up by 26.6% last month).

Prices were up for March. The median price increased by 6.7% from last year (was down by 3.4% in February) and the average sales price increased by 11.1% (was up by 20.0% in February).

The available townhouses and condos inventory increased by 29 units from last month to 671 residences. This is a 69.0% greater inventory than we had in March 2023. The current inventory supply is 7.6 months, as compared to 4.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market has now entered a seller’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 March 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 March 2024 Market Report

St Lucie County Single Family Homes March 2024 Market Report

04.24.24 by

St Lucie County Single Family Homes March 2024 Market Report

The March 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties and high mortgage rates. Closed sales were down by 11.9% for the month compared to the previous year (in February they were up by 1.4%). New sales under contract (new pending sales) decreased by 8.5% (they were down by 3.6% last month).

Prices were higher for March when compared to last year.  The median sales price was up by 4.0% (was up by 5.4% in February).  The average sales price was up by 6.1% (it was up by 11.1% in February).

The number of available homes for sale increased by 5 homes to 1,954 units.  This inventory is 36.7% greater than last year.  The current supply of homes is 4.2 months (it was 2.8 months 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 March 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 March 2024 Market Report

Martin County Townhouses and Condos March 2024 Market Report

04.23.24 by

Martin County Townhouses and Condos March 2024 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 3.5%.  They were up by 2.4% in February.  New sales under contract (new pending sales) were down 17.9% from last year.  They were unchanged in February.

Prices were up for March.  The median sales price increased by 18.0% (was down by 6.8% last month). And, the average sales price increased by 18.5% (was down by 0.5% in February).

The available townhouses and condos inventory decreased by 28 units to 520 properties.  This is a 79.9% greater supply of inventory than we had in March 2023.  Currently, there’s a 6.0 months supply of inventory (compared to 3.3 months for March 2023).  We’ve re-entered 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.

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

Martin County Townhouses and Condos March 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 March 2024 Market Report

Florida Single Family Homes March 2024 Market Report

04.18.24 by

Florida Single Family Homes March 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. Closed sales were down by 10.4% (were up by 2.2% in February). New sales under contract (new pending sales) were down by 3.0% (were down by 0.3% in February).

Prices increased for March when compared to last year.  The (year-to-year) median sales price was up by 3.9% (it was up by 5.1% in February). And, the average sales price was up by 10.1% (it was up by 5.7% last month).

The inventory of available homes for sale increased by 40.5% from last year.  This represents a 4.1-month supply of inventory (March 2023 had a 2.7-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered 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.

Previous Florida real estate market report posts.

Florida Single Family Homes March 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 March 2024 Market Report

 

St Lucie County Townhouses and Condos February 2024 Market Report

03.28.24 by

St Lucie County Townhouses and Condos February 2024 Market Report

The St Lucie County Townhouses and Condos market showed stronger sales activity when compared to last year. Even as we face headwinds with economic uncertainties, at least mortgage rates may have peaked and begun to decrease. Closed sales were up by 35.8% from last year (were down by 7.1% in January). New pending sales were up by 26.6% (they were down by 6.2% last month).

Prices were mixed for February. The median price decreased by 3.4% from last year (was up by 8.0% in January) and the average sales price increased by 20.0% (was up by 21.8% in January).

The available townhouses and condos inventory increased by 8 units from last month to 642 residences. This is a 60.9% greater inventory than we had in February 2023. The current inventory supply is 7.3 months, as compared to 4.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its third month of a balanced market, and now approaching a seller’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 February 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 February 2024 Market Report

St Lucie County Single Family Homes February 2024 Market Report

03.27.24 by

St Lucie County Single Family Homes February 2024 Market Report

The February 2024 St Lucie County Single Family real estate market showed slightly improved sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were up by 1.4% for the month compared to last year (in January they were down by 20.7%). New sales under contract (new pending sales) decreased by 3.6% (they were down by 14.7% last month).

Prices were higher for February when compared to last year.  The median sales price was up by 5.4% (was up by 5.9% in January).  The average sales price was up by 11.1% (it was up by 9.4% in January).

The number of available homes for sale increased by 56 homes to 1,949 units.  This inventory is 21.9% greater than last year.  The current supply of homes is 4.2 months (it was 3.0 months 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 months 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 February 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 February 2024 Market Report

Martin County Townhouses and Condos February 2024 Market Report

03.26.24 by

Martin County Townhouses and Condos February 2024 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 2.4%.  They were up by 22.0% in January.  New sales under contract (new pending sales) were unchanged from last year.  They were down by 12.2% in January.

Prices were down for February.  The median sales price decreased by 6.8% (was down by 11.1% last month). And, the average sales price decreased by 0.5% (was down by 11.0% in January).

The available townhouses and condos inventory increased by 40 units to 548 properties.  This is a 77.9% greater supply of inventory than we had in February 2023.  Currently, there’s a 6.3 months supply of inventory (compared to 3.6 months for February 2023).  We’ve re-entered 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.

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

Martin County Townhouses and Condos February 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 February 2024 Market Report

Martins Crossing Real Estate Market Report March 2024

03.26.24 by

Martins Crossing Real Estate Market Report March 2024

For March 2024 there are 3 homes available for sale in Martins Crossing in Stuart FL.  The list prices range from $455,000 up to $650,000. This is an average list price of $533,333 which equals $252.50 per sq. ft. of living area.

There are 5 Martins Crossing homes currently under contract.  The list prices ranged from $490,000 to $649,000.  This equals an average list price of $548,778 which is $256.30 per sq. ft. of living area.  These homes went under contract in an average of 32 days.

In the past twelve months, 26 Martins Crossing homes have sold.  Sales prices ranged from a low of $287,500 to a high of $625,000.  This equals an average sales price of $428,827 which works out to $228.06 per sq. ft. of living area.  These homes sold at an average of 99% of the last list price. And, they went under contract in an average of 21 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 March 2024

Florida Single Family Homes February 2024 Market Report

03.21.24 by

Florida Single Family Homes February 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 2.2% (were up by 0.6% in January). New sales under contract (new pending sales) were down by 0.3% (were down by 2.9% in January).

Prices increased for February when compared to last year.  The (year-to-year) median sales price was up by 5.1% (it was up by 3.8% in January). And, the average sales price was up by 5.7% (it was up by 9.7% last month).

The inventory of available homes for sale increased by 36.5% from last year.  This represents a 3.9 months supply of inventory (February 2023 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. 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.

Previous Florida real estate market report posts.

Florida Single Family Homes February 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 February 2024 Market Report

 

St Lucie County Townhouses and Condos January 2024 Market Report

02.29.24 by

St Lucie County Townhouses and Condos January 2024 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked and have begun to decrease. Closed sales were down by 7.1% from last year (were down by 3.1% in December). New pending sales were down by 6.2% (they were down by 42.9% last month).

Prices were up for January. The median price increased by 8.0% from last year (was up by 6.7% in December) and the average sales price increased by 21.8% (was up by 10.3% % in December).

The available townhouses and condos inventory increased by 78 units from last month to 634 residences. This is a 74.2% greater inventory than we had in January 2023. The current inventory supply is 7.4 months, as compared to 3.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its second month of a balanced market, and now approaching a seller’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 January 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 January 2024 Market Report

St Lucie County Single Family Homes January 2024 Market Report

02.28.24 by

St Lucie County Single Family Homes January 2024 Market Report

The January 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were down by 20.7% for the month compared to last year (in December they were down by 9.6%). New sales under contract (new pending sales) decreased by 14.7% (they were down by 24.8% last month).

Prices were higher for January when compared to last year.  The median sales price was up by 5.9% (was up by 2.1% in December).  The average sales price was up by 9.4% (it was up by 6.1% in December).

The number of available homes for sale increased by 174 homes to 1,893 units.  This inventory is 10.4% greater than last year.  The current supply of homes is 4.1 months (it was 3.2 months 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 January 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 January 2024 Market Report

Martin County Townhouses and Condos January 2024 Market Report

02.27.24 by

Martin County Townhouses and Condos January 2024 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 22.0%.  They were up by 17.4% in December.  New sales under contract (new pending sales) were down by 12.2% from last year.  They were up by 7.4% in December.

Prices were down for January.  The median sales price decreased by 11.1% (was up by 6.7% last month). And, the average sales price decreased by 11.0% (was up by 19.8% in December).

The available townhouses and condos inventory increased by 59 units to 508 properties.  This is a 69.3% greater supply of inventory than we had in January 2023.  Currently, there’s a 5.9 month supply of inventory (compared to 3.4 months for January 2023).  We remain in a seller’s market for townhouses and condos in Martin County, though just about to enter a balanced market. 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 January 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 January 2024 Market Report