Search Results for: martin county single family

St Lucie County Single Family Homes March 2020 Market Report

04.29.20 by

St Lucie County Single Family Homes March 2020 Market Report

The February 2020, the St Lucie County Single Family Home Market had stronger closed sales activity for March and is our only local sector without a large drop in pending sales. Closed sales were up by 15.1% for the month (in February they were up by 2.5%). New sales under contract (new pending sales) decreased by 1.5% (they were up by 26.4% last month).

Prices were up for the month.  The median sales price was up by 5.5% (was up by 2.6% in January).  The average sales price was up by 2.9% (it was up by 4.4% in February).

The number of available home listings increased by 11 homes to 1,888 homes.  This inventory is 10.3% less than last year.  The current supply of homes is 3.8 months (it was 4.6 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 March 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 March 2020 Market Report

Florida Single Family Homes March 2020 Market Report

04.23.20 by

Florida Single Family Homes March 2020 Market Report

The Florida Single Family Home sales had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 6.4% (were up by 9.1% in February). New sales under contract (new pending sales) were down by 22.6% (were up by 12.5% in February).

Prices were up for March.  The median sales price rose by 7.4% (it was up by 8.0% in February). The average sales price was up by 8.9% (it was up by 7.9% last month).

The inventory of available homes for sale decreased by 14.0% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (March 2019 had a 4.2 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 March 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 March 2020 Market Report

Martins Crossing Market Report March 2020

03.28.20 by

Martins Crossing Market Report March 2020

There are currently 5 homes for sale in Martins Crossing.  Prices range from $299,000 up to $405,000.  This is an average list price of $339,298 which equals $156.02 per sq. ft. of living area.

There are 7 homes currently under contract.  List prices ranged from a low of $200,000 up to $375,000.  This equals an average list price of $285,500 which is $149.80 per sq. ft. of living area.  These homes went under contract in an average of 27 days.

In the past twelve months, 27 homes have sold in Martins Crossing.  Sales prices ranged from a low of $190,000 to a high of $380,000.  This equals an average sales price of $270,974 which works out to $147.84 per sq. ft. of living area.  These homes sold at an average of 98% 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 March 2020

St Lucie County Single Family Homes February 2020 Market Report

03.27.20 by

St Lucie County Single Family Homes February 2020 Market Report

The February 2020, the St Lucie County Single Family Home Market showed continued strong sales activity for February. Closed sales were up by 2.5% for the month (in January they were up by 22.2%). New sales under contract (new pending sales) increased by 26.4% (they were up by 23.7% last month).

Prices were also up for the month.  The median sales price was up by 2.6% (was up by 4.2% in January).  The average sales price was up by 4.4% (it was up by 4.8% in January).

The number of available home listings decreased by 52 homes to 1,877 homes.  This inventory is 13.5% less than last year.  The current supply of homes is 3.8 months (it was 4.8 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 February 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 February 2020 Market Report

Florida Single Family Homes February 2020 Market Report

03.23.20 by

Florida Single Family Homes February 2020 Market Report

The Florida Single Family Home sales continued with strong activity into February.  Closed sales were up by 9.1% (were up by 17.9% in December). New sales under contract (new pending sales) were up by 12.5% (were up by 12.4% in January).

Prices were also up for February .  The median sales price rose by 8.0% (it was up by 5.9% in January). The average sales price was up by 7.9% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 19.1% from last year.  This represents a 3.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2019 had a 4.3 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Previous Florida real estate market report posts.

Florida Single Family Homes February 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 February 2020 Market Report

St Lucie County Single Family Homes January 2020 Market Report

03.09.20 by

St Lucie County Single Family Homes January 2020 Market Report

The January 2020, the St Lucie County Single Family Home Market showed strong sales activity for the start of 2020. Closed sales were up by 22.2% for the month (in December they were up by 35.5%). New sales under contract (new pending sales) increased by 23.7% (they were up by 15.6% last month).

Prices were also up for the month.  The median sales price was up by 4.2% (was up by 6.5% in December).  The average sales price was up by 4.8% (it was up by 5.8% in December).

The number of available home listings increased by 168 homes to 1,929 homes.  This inventory is 11.3% less than last year.  The current supply of homes is 3.9 months (it was 4.8 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 January 2020 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent market reports:

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 2020 Market Report

Florida Single Family Homes January 2020 Market Report

03.02.20 by

Florida Single Family Homes January 2020 Market Report

The Florida Single Family Home sales had a strong start to 2020.  Closed sales were up by 17.9% (were up by 23.8% in December). New sales under contract (new pending sales) were up by 12.4% (were up by 11.9% in December).

Prices were also up for January.  The median sales price rose by 5.9% (it was up by 6.0% in December). The average sales price was up by 6.3% (it was up by 6.9% last month).

The inventory of available homes for sale decreased by 16.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January 2019 had a 4.3 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes January 2020 Market Report
Click on this image to view or download the full report

Recent market reports:

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 2020 Market Report

St Lucie County Single Family Home Sales 2019 Yearly Review

02.19.20 by

St Lucie County Single Family Home Sales 2019 Yearly Review

The St Lucie County Single Family Home Sales for 2019 as reported by Florida Realtors indicates that Saint Lucie County had stronger market activity for single family home sales throughout the year of 2019 when compared to 2018.   Year to year closed sales were up by 6.7% (were down by 0.6% in 2018) and new sales under contract (new pending sales) increased by 6.1% (were down by 1.5% in 2018).

St Lucie County Single Family Home Sales 2019 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2019 by 5.9% and 4.0% respectively.   Showing solid gains in value, but not quite as strong as last year.  These numbers were 7.3% and 7.1% respectively in 2018.

The inventory of available homes for sale decreased by 9.3% from 2018 (When there was an 20.8% decrease).  While the monthly supply of homes decreased to 3.5 months from 4.2 months for 2018.  Remaining in a strong seller’s market in Saint Lucie County.

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

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 2019 Yearly Review

Florida Single Family Home Sales 2019 Yearly Review

02.13.20 by

Florida Single Family Home Sales 2019 Yearly Review

The Florida Single Family Home Sales for 2019 as reported by Florida Realtors shows that this last year continued the positive momentum with a improved rate from the previous year.   Year to year closed sales were up by 5.9% (was up by 2.2% in 2018) and new sales under contract (new pending sales) increased by 5.2% (was up by 0.3% in 2018).

Florida Single Family Home Sales 2019 Yearly Review
Click here for the full report

Both median and average sales prices were up (2018 to 2019) by 3.7% and 2.3% respectively.   Showing continued gains in value though at a lower rate than last year.  These numbers were 7.2% and 6.9% respectively in 2017.

The inventory of available homes for sale decreased by 11.4% from 2018.  While the month’s supply of homes decreased to 3.4 months.  Indicating that Florida single-family homes remain in a strong seller’s market.

Click here to view or download the full report:
2018 Florida Single Family Home Sales Review

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 2019 Yearly Review

St Lucie County Single Family Homes December 2019 Market Report

01.29.20 by

St Lucie County Single Family Homes December 2019 Market Report

The December 2019, the St Lucie County Single Family Home Market showed strong sales activity for the end of 2019. Closed sales were up by 35.5% for the month (in November they were unchanged). New sales under contract (new pending sales) increased by 15.6% (they were up by 22.3% last month).

Prices were also up for the month.  The median sales price was up by 6.5% (was up by 9.8% in November).  The average sales price was up by 5.8% (it was up by 10.8% in November).

The number of available home listings decreased by 23 homes to 1,761 homes.  This inventory is 9.3% less than last year.  The current supply of homes is 3.5 months (it was 4.2 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 December 2019 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

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 2019 Market Report

Recent Posts:

Florida Single Family Homes December 2019 Market Report

01.23.20 by

Florida Single Family Homes December 2019 Market Report

The Florida Single Family Home sales had a very strong end to 2019.  Closed sales were up by 23.8% (were up by 6.1 % in November). New sales under contract (new pending sales) were up by 11.9% (were up by 14.4 % in November).

Prices were also up for December.  The median sales price rose by 5.9% (it was up by 3.9 % in November). The average sales price was up by 6.9% (it was up by 13.1 % last month).

The inventory of available homes for sale decreased by 11.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December 2018 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.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes December 2019 Market Report

Click here to view the previous Florida single-family homes market reports.

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 2019 Market Report

St Lucie County Single Family Homes November 2019 Market Report

12.27.19 by

St Lucie County Single Family Homes November 2019 Market Report

For November 2019, the St Lucie County Single Family Home Market had improved sales activity when compared to last year. Closed sales were unchanged (in October they were up by 15.8%) and new sales under contract (new pending sales) increased by 22.3% (they were up by 15.2% last month).

Prices were also up for the month.  The median sales price was up by 9.8% (was up by 6.4% in October).  The average sales price was up by 10.8% (it was up by 0.3% in October).

The number of available home listings increased by 10 homes to 1,761 homes.  This inventory is 10.0% smaller than last year.  The current supply of homes is 3.7 months (it was 4.2 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 November 2019 Market Report

Click here to download the full report

Click here to view previous St. Lucie County single family home market reports

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 Posts:

St Lucie County Single Family Homes November 2019 Market Report

Florida Single Family Homes November 2019 Market Report

12.20.19 by

Florida Single Family Homes November 2019 Market Report

The Florida Single Family Home sales continue to have improved activity from the same period last year.  The closed sales were up by 6.1% (were up by 5.2% in October) and new sales under contract (new pending sales) were up by 14.4% (were up by 13.3% in October).

Prices were also up for November.  The median sales price rose by 3.9% (it was up by 3.6% in October) and the average sales price was up by 13.1% (it was up by .5% last month).

The inventory of available homes for sale decreased by 10.5% from last year.  This represents a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (November 2018 had a 4.1 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes November 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes November 2019 Market Report

Click here to view the previous Florida single-family homes market reports.

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 2019 Market Report

12.13.19 by

St Lucie County Single Family Homes October 2019 Market Report

For October 2019, the St Lucie County Single Family Home Market had improved sales activity when compared to last year. Closed sales were up by 15.8% (in September they were up by 24.0%) and new sales under contract (new pending sales) increased by 15.2% (they were up by 17.7% last month).

Prices were also up for the month.  The median sales price was up by 6.4% (was up by 3.5% in September).  The average sales price was up by 0.3% (it was up by 5.1% in September).

The number of available home listings increased by 18 homes to 1,751 homes.  This inventory is 4.6% smaller than last year.  The current supply of homes is 3.7 months (it was 3.9 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 October 2019 Market Report

Click here to view or download the full report

Click here to view previous St. Lucie County single family home market reports

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 2019 Market Report

Florida Single Family Homes October 2019 Market Report

12.09.19 by

Florida Single Family Homes October 2019 Market Report

The Florida Single Family Home sales continue to have improved activity from the same period last year.  The closed sales were up by 5.2% (were up by 11.5% in September) and new sales under contract (new pending sales) were up by 13.3% (were up by 4.5% in September).

Prices were also up for October.  The median sales price rose by 3.6% (it was up by 5.3% in September) and the average sales price was up by 1.5% (it was up by 4.9% last month).

The inventory of available homes for sale decreased by 7.0% from last year.  This represents a 3.7 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October 2018 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.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes October 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes October 2019 Market Report

Click here to view the previous Florida single-family homes market reports.

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.

Sewalls Point Single Family Market Report October 2019

11.20.19 by

Sewalls Point Single Family Market Report October 2019

Sewalls Point Real Estate Snapshot, Residential Sales for October 2019

There are currently 37 active listings (Down by 3 homes from last month)

Sewalls Point Single Family Market Report October 2019

14 home sales are pending and awaiting close or lender approval (Up by 6 homes from September)

Sewalls Point Single Family Market Report October 2019

2 Homes sold in September (Decreased by 3 homes from September)

Sewalls Point Single Family Market Report October 2019

The single-family real estate market in Sewalls Point had another decrease in closed sales for October.  Pending sales though are looking strong which should result in better-closed sales in the coming months..  The available inventory of homes for sale has now shrunk to pretty small numbers.

The absorption rate jumped up to 18.5 months, in September it was 8.0 months.  A strong buyer’s market for the Sewalls Point single-family home market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer has an advantage.

Comparing the results to October 2018, the inventory was 57 homes on the market, 6 pending sales and there were 7 closed sales.  There was considerable greater sales activity last year on a much larger inventory of available homes for sale.  Pending sales, on the other hand, are stronger this year.

Sewalls Point Single Family Market Report October 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

Click here to view previous Sewalls Point market reports.

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

Sewalls Point Single Family Market Report October 2019

 

St Lucie County Single Family Homes September 2019 Market Report

11.08.19 by

St Lucie County Single Family Homes September 2019 Market Report

For September 2019, the St Lucie County Single Family Home Market had stronger sales activity when compared to last year. Closed sales were up by 24.0% (in August they were down by 1.5%) and new sales under contract (new pending sales) increased by 17.7% (they were up by 1.7% last month).

Prices were also up for the month.  The median sales price was up by 3.5% (was up by 4.4% in August).  The average sales price was up by 5.1% (it was up by 1.8% in August).

The number of available home listings increased by 52 homes to 1,733 homes.  This inventory is 3.1% smaller than last year.  The current supply of homes is 3.6 months (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 September 2019 Market Report

Click here to view or download the full report

Click here to view previous St. Lucie County single family home market reports

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 2019 Market Report

Florida Single Family Homes September 2019 Market Report

10.30.19 by

Florida Single Family Homes September 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year.  The closed sales were up by 11.5% (were up by 3.2% in August) and new sales under contract (new pending sales) were up by 4.5% (were up by 1.3% in August).

Prices were also up for September.  The median sales price rose by 5.3% (it was up by 4.2% in August) and the average sales price was up by 4.9% (it was up by 3.2% last month).

The inventory of available homes for sale decreased by 5.7% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (September 2018 also had a 3.6 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes September 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes September 2019 Market Report

Click here to view the previous Florida single-family homes market reports.

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.

Sewalls Point Single Family Market Report September 2019

10.10.19 by

Sewalls Point Single Family Market Report September 2019

Sewalls Point Real Estate Snapshot, Residential Sales for September 2019

There are currently 40 active listings (Down by 2 homes from last month)

8 home sales are pending and awaiting close or lender approval (Up by 2 homes from August)

Sewalls Point Single Family Market Report September 2019

5 Homes sold in August (Decreased by 5 homes from August)

Sewalls Point Single Family Market Report September 2019

The single-family real estate market in Sewalls Point had a decrese in closed sales for September.  Pending sales were up for the month.  While the available inventory of homes for sale remains fairly steady.

The absorption rate jumped up to 8.0 months, in August it was 4.2 months.  Transitioning back into a buyer’s market for the Sewalls Point single-family home market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to September 2018, the inventory was 51 homes on the market, 8 pending sales and there were 8 closed sales.  There was better sales activity last year on a greater inventory of available homes for sale.  Pending sales remain the same.

Sewalls Point Single Family Market Report September 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

Click here to view previous Sewalls Point market reports.

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

Sewalls Point Single Family Market Report September 2019

 

St Lucie County Single Family Homes August 2019 Market Report

10.08.19 by

St Lucie County Single Family Homes August 2019 Market Report

For August 2019 in the St Lucie County Single Family Home Market had weaker sales activity when compared to last year, while new pending sales activity increased slightly. Closed sales were down by 1.5% (in July they were up by 7.7%) and new sales under contract (new pending sales) increased by 1.7% (they were up by 11.5% last month).

Prices were up for the month.  The median sales price was up by 4.4% (was up by 5.0% in July).  The average sales price was up by 1.8% (it was up by 7.2% in July).

The number of available home listings decreased by 57 homes to 1,733 homes.  This inventory is still 6.1% higher than last year.  The current supply of homes is 3.7 months (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 August 2019 Market Report

Click here to view or download the full report

Click here to view previous St. Lucie County single family home market reports

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 2019 Market Report