Search Results for: martin county single family

Florida Single Family Homes January 2021 Market Report

02.25.21 by

Florida Single Family Homes January 2021 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales were both up for the month when compared to last year. Closed sales were up by 18.0% (were up by 21.0% in December). New sales under contract (new pending sales) were up by 16.9% (were up by 30.7% in December).

Prices were also up for January.  The median sales price rose by 15.1% (it was up by 14.4% in December). And, the average sales price was up by 25.6% (it was up by 29.5% last month).

The inventory of available homes for sale decreased by 51.1% from last year.  This represents a 1.6 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (January 2020 had a 3.4 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes January 2021 Market Report
Download 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 January 2021 Market Report

St Lucie County Single Family Home Sales 2020 Yearly Review

02.23.21 by

St Lucie County Single Family Home Sales 2020 Yearly Review

The St Lucie County Single Family Home Sales for 2020 as reported by Florida Realtors indicates that Saint Lucie County had a stronger market activity for single family home sales throughout the year of 2020 when compared to 2019.  Initially, after the pandemic hit, market activity slowed to a near standstill. This was followed by a very strong sellers’ market for the remainder of the year. Year to year closed sales were up by 8.3% (were up by 6.7% in 2019) and new sales under contract (new pending sales) increased by 17.8% (were up by 6.1% in 2019).

St Lucie County Single Family Home Sales 2020 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2020 by 7.3% and 9.1% respectively.   These numbers were 5.9% and 4.0% respectively in 2019.

The inventory of available homes for sale decreased by 46.4% from 2019 (When there was a 9.3% decrease).  While the monthly supply of homes decreased to 1.8 months from 3.5 months for 2019.  Remaining in an extreme seller’s market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

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

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

Recent market reports:

St Lucie County Single Family Home Sales 2020 Yearly Review

Florida Single Family Home Sales 2020 Yearly Review

02.19.21 by

Florida Single Family Home Sales 2020 Yearly Review

The Florida Single Family Home Sales for 2020 as reported by Florida Realtors shows that this last year continued the positive momentum with an improved rate from the previous year.   Initially, after the pandemic hit, market activity slowed to a near standstill. This was followed by a very strong sellers market for the remainder of the year. Year to year closed sales were up by 5.8% (was up by 5.9% in 2019) and new sales under contract (new pending sales) increased by 9.2% (was up by 5.2% in 2019).

Florida Single Family Home Sales 2020 Yearly Review
Click here for the full report

Both median and average sales prices were up (2019 to 2020) by 9.6% and 15.8% respectively.   These numbers were 3.7% and 2.3% respectively for 2019.

The inventory of available homes for sale decreased by 44.1% from 2019.  While the month’s supply of homes decreased to 1.8 months.  Indicating that Florida single-family homes remain in a strong seller’s market.

Click here to view or download the full report:
2020 Florida Single Family Home Sales Review

View previous Florida Single Family Home Yearly Reviews

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

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

Recent market reports:

Florida Single Family Home Sales 2020 Yearly Review

St Lucie County Single Family Homes December 2020 Market Report

01.28.21 by

St Lucie County Single Family Homes December 2020 Market Report

The December 2020, St Lucie County Single Family Home market continues to show improvements with better sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 1.4% for the month (in November they were up by 23.7%). New sales under contract (new pending sales) increased by 44.1% (they were up by 23.9% last month).

Prices were also up for the month.  The median sales price was up by 14.2% (was up by 7.5% in November).  The average sales price was up by 18.5% (it was up by 9.1% in November).

The number of available home listings decreased by 62 homes to 932 homes.  This inventory is 46.4% less than last year.  The current supply of homes is only 1.8 months (it was 3.5 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2020 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 December 2020 Market Report

Florida Single Family Homes December 2020 Market Report

01.23.21 by

Florida Single Family Homes December 2020 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales were both up for the month when compared to last year. Closed sales were up by 21.0% (were up by 22.9% in November). New sales under contract (new pending sales) were up by 30.7% (were up by 16.7% in November).

Prices were also up for December.  The median sales price rose by 14.4% (it was up by 14.1% in November). And, the average sales price was up by 29.5% (it was up by 25.9% last month).

The inventory of available homes for sale decreased by 44.1% from last year.  This represents a 1.8 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (December 2019 had a 3.3 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes December 2020 Market Report
Download 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 December 2020 Market Report

St Lucie County Single Family Homes November 2020 Market Report

12.29.20 by

St Lucie County Single Family Homes November 2020 Market Report

The November 2020, St Lucie County Single Family Home market continues to show strong activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 23.7% for the month (in October they were up by 24.6%). New sales under contract (new pending sales) increased by 23.9% (they were up by 11.8% last month).

Prices were also up for the month.  The median sales price was up by 7.5% (was up by 9.7% in October).  The average sales price was up by 9.1% (it was up by 19.7% in October).

The number of available home listings increased by 35 homes to 994 homes.  This inventory is 43.6% less than last year.  The current supply of homes is only 1.9 months (it was 3.7 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes November 2020 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 2020 Market Report

Florida Single Family Homes November 2020 Market Report

12.22.20 by

Florida Single Family Homes November 2020 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 22.9% (were up by 26.9% in October). New sales under contract (new pending sales) were up by 16.7% (were up by 20.7% in October).

Prices were also up for November.  The median sales price rose by 14.1% (it was up by 15.6% in October). And, the average sales price was up by 25.9% (it was up by 27.2% last month).

The inventory of available homes for sale decreased by 41.3% from last year.  This represents a 2.0 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (November 2019 had a 3.5 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes November 2020 Market Report
Download 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 2020 Market Report

St Lucie County Single Family Homes October 2020 Market Report

11.26.20 by

St Lucie County Single Family Homes October 2020 Market Report

The October 2020, St Lucie County Single Family Home market continues to do exceed expectations. Closed and pending sales were both up when compared to last year. Closed sales were up by 24.6% for the month (in September they were up by 20.0%). New sales under contract (new pending sales) increased by 11.8% (they were up by 44.1% last month).

Prices were also up for the month.  The median sales price was up by 9.7% (was up by 8.6% in September).  The average sales price was up by 19.7% (it was up by 10.9% in September).

The number of available home listings decreased by 9 homes to 959 homes.  This inventory is 45.2 % less than last year.  The current supply of homes is only 1.8 months (it was 3.7 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes October 2020 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 2020 Market Report

Florida Single Family Homes October 2020 Market Report

11.20.20 by

Florida Single Family Homes October 2020 Market Report

The Florida Single Family Home continues to show strong activity. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 26.9% (were up by 22.0% in September). New sales under contract (new pending sales) were up by 20.7% (were up by 31.4% in September).

Prices were also up for October.  The median sales price rose by 15.6% (it was up by 13.2% in September). And, the average sales price was up by 27.2% (it was up by 23.0% last month).

The inventory of available homes for sale decreased by 39.4% from last year.  This represents a 2.1 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (October 2019 had a 3.6 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes October 2020 Market Report
Download 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 2020 Market Report

St Lucie County Single Family Homes September 2020 Market Report

10.29.20 by

St Lucie County Single Family Homes September 2020 Market Report

The September 2020, St Lucie County Single Family Home market continues to do well. The effects of the current pandemic seem to have no impact on the local real estate market. Closed and pending sales were both up when compared to last year. Closed sales were up by 20.0% for the month (in August they were up by 25.1%). New sales under contract (new pending sales) increased by 44.1% (they were up by 18.6% last month).

Prices were also up for the month.  The median sales price was up by 8.6% (was up by 7.6% in August).  The average sales price was up by 10.9% (it was up by 14.0% in August).

The number of available home listings increased by 20 homes to 968 homes.  This inventory is 42.4% less than last year.  The current supply of homes is only 1.9months (it was 3.6 months 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 September 2020 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 2020 Market Report

Florida Single Family Homes September 2020 Market Report

10.23.20 by

Florida Single Family Homes September 2020 Market Report

The Florida Single Family Home markets seem to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 22.0% (were up by 8.8% in August). New sales under contract (new pending sales) were up by 31.4% (were up by 21.5% in August).

Prices were also up for September.  The median sales price rose by 13.2% (it was up by 10.1% in August). The average sales price was up by 23.0% (it was up by 22.3% last month).

The inventory of available homes for sale decreased by 37.4% from last year.  This represents a 2.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (September 2019 had a 3.6 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes September 2020 Market Report
Download 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 2020 Market Report

St Lucie County Single Family Homes August 2020 Market Report

09.29.20 by

St Lucie County Single Family Homes August 2020 Market Report

The August 2020, St Lucie County Single Family Home market seems to have recovered from the effects of the current pandemic. Closed and pending sales were both up when compared to last year. Closed sales were up by 25.1% for the month (in July they were up by 20.5%). New sales under contract (new pending sales) increased by 18.6% (they were up by 30.6% last month).

Prices were also up for the month.  The median sales price was up by 7.6% (was up by 8.2% in July).  The average sales price was up by 14.0% (it was up by 10.9% in July).

The number of available home listings decreased by 146 homes to 948 homes.  This inventory is 45.3% less than last year.  The current supply of homes is only 1.9months (it was 3.7 months 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 August 2020 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 2020 Market Report

Martins Crossing Market Report September 2020

09.24.20 by

Martins Crossing Market Report September 2020

There are currently 6 homes for sale in Martins Crossing in Stuart FL.  Prices range from $239,000 up to $469,000.  This is an average list price of $347,850 which equals $164.98 per sq. ft. of living area.

There are 13 homes currently under contract.  List prices ranged from a low of $215,000 up to $405,000.  This equals an average list price of $292,077 which is $150.82 per sq. ft. of living area.  These homes went under contract in an average of 42 days.

In the past twelve months, 35 homes have sold in Martins Crossing.  Sales prices ranged from a low of $198,000 to a high of $487,500.  This equals an average sales price of $292,713 which works out to $154.65 per sq. ft. of living area.  These homes sold at an average of 97% of list price and were under contract in an average of 41 days.

Click here to view previous Martins Crossing market reports.

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart FL

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts of  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 FL

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

Martins Crossing in Stuart FL

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 Market Report September 2020

Florida Single Family Homes August 2020 Market Report

09.23.20 by

Florida Single Family Homes August 2020 Market Report

The Florida Single Family Home markets seem to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 8.8% (were up by 11.3% in July). New sales under contract (new pending sales) were up by 21.5% (were up by 21.7% in July).

Prices were also up for August.  The median sales price rose by 13.2% (it was up by 10.1% in July). The average sales price was up by 22.3% (it was up by 14.9% last month).

The inventory of available homes for sale decreased by 35.5% from last year.  This represents a 2.3 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (August 2019 had a 3.6 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes August 2020 Market Report
Download 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 August 2020 Market Report

St Lucie County Single Family Homes July 2020 Market Report

08.25.20 by

St Lucie County Single Family Homes July 2020 Market Report

The July 2020, the St Lucie County Single Family Home market seems to have recovered from the effects of the current pandemic. Closed and pending sales were both up when compared to last year. Closed sales were up by 20.5% for the month (in June they were up by 6.1%). New sales under contract (new pending sales) increased by 30.6% (they were up by 39.9% last month).

Prices were also up for the month.  The median sales price was up by 8.2% (was up by 4.2% in June).  The average sales price was up by 10.9% (it was up by 3.3% in June).

The number of available home listings decreased by 176 homes to 1,094 homes.  This inventory is 38.9% less than last year.  The current supply of homes is 2.2 months (it was 3.8 months 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 July 2020 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 July 2020 Market Report

Florida Single Family Homes July 2020 Market Report

08.21.20 by

Florida Single Family Homes July 2020 Market Report

The Florida Single Family Home markets seems to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 11.3% (were up by 1.3% in June). New sales under contract (new pending sales) were up by 21.7% (were up by 23.2% in June).

Prices were also up for July.  The median sales price rose by 10.1% (it was up by 4.4% in June). The average sales price was up by 14.9% (it was up by 8.8% last month).

The inventory of available homes for sale decreased by 31.8% from last year.  This represents a 2.5 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (July 2019 had a 3.8 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes July 2020 Market Report
Download 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 July 2020 Market Report

St Lucie County Single Family Homes June 2020 Market Report

07.28.20 by

St Lucie County Single Family Homes June 2020 Market Report

The February 2020, the St Lucie County Single Family Home market seems to have recoverred from the effects of the current pandemic. Closed and pending sales were both up when compared to last year. Closed sales were up by 6.1% for the month (in May they were down by 35.0%). New sales under contract (new pending sales) increased by 39.9% (they were up by 11.5% last month).

Prices were also up for the month.  The median sales price was up by 4.2% (was up by 1.1% in May).  The average sales price was up by 3.3% (it was down by 0.1% in May).

The number of available home listings decreased by 281 homes to 1,270 homes.  This inventory is 29.4% less than last year.  The current supply of homes is 2.7 months (it was 4.0 months 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 June 2020 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 June 2020 Market Report

Florida Single Family Homes June 2020 Market Report

07.22.20 by

Florida Single Family Homes June 2020 Market Report

The Florida Single Family Home markets eems to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 1.3% (were down by 36.2% in April). New sales under contract (new pending sales) were up by 23.2% (were up by 2.3% in May).

Prices were were also up for June.  The median sales price rose by 4.4% (it was up by 1.5% in May). The average sales price was up by 8.8% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 27.2% from last year.  This represents a 2.8 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (June 2019 had a 3.9 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes June 2020 Market Report
Download 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 June 2020 Market Report

St Lucie County Single Family Homes May 2020 Market Report

06.29.20 by

St Lucie County Single Family Homes May 2020 Market Report

The February 2020, the St Lucie County Single Family Home market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year. Though, the bright note is that new pending sales rose for the month. Closed sales were down by 35.0% for the month (in April they were down by 11.3%). New sales under contract (new pending sales) increased by 11.5% (they were down by 34.7% last month).

Prices were mixed for the month.  The median sales price was up by 1.1% (was up by 6.3% in March).  The average sales price was down by 0.1% (it was up by 2.4% in March).

The number of available home listings decreased by 204 homes to 1,571 homes.  This inventory is 19.1% less than last year.  The current supply of homes is 3.3 months (it was 4.3 months 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 May 2020 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 2020 Market Report

Florida Single Family Homes May 2020 Market Report

06.23.20 by

Florida Single Family Homes May 2020 Market Report

The Florida Single Family Home market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year, but pending sales saw a slight rise. Closed sales were down by 36.2% (were down by 20.7% in April). New sales under contract (new pending sales) were up by 2.3% (were down by 35.1% in April).

Prices were mixed for April.  The median sales price rose by 1.5% (it was up by 6.0% in April). The average sales price was down by 0.3% (it was up by 3.0% last month).

The inventory of available homes for sale decreased by 18.3% from last year.  This represents a 3.3 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (May 2019 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes May 2020 Market Report
Download 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 2020 Market Report