Search Results for: st lucie county market report

St Lucie County Townhouses and Condos May 2021 Market Report

06.29.21 by

St Lucie County Townhouses and Condos May 2021 Market Report

The St Lucie County Townhouses and Condos market for May 2021 continues to show strong closed sales activity. New pending sales also increased. But, a reduced rate indicating a future decrease in closed sales because of the very low inventory of available properties for sale. Closed sales were up by 201.6% from last year (were up by 156.1% in April). New pending sales were up by 17.5% for May (they were up by 179.6% last month).

The May prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in April) while the average sales price increased by 7.1% (was up by 32.3% in April).

The inventory of available townhouses and condos decreased by 4 units from last month to 226 residences. This is 61.8% less inventory than we had in May 2020. The current inventory supply is 1.6 months, as compared to 6.6 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos May 2021 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 2021 Market Report

St Lucie County Single Family Homes May 2021 Market Report

06.28.21 by

St Lucie County Single Family Homes May 2021 Market Report

The May 2021, St Lucie County Single Family Home market had strong sales activity but is indicating weaker future activity as the inventory shrinks with fewer available homes for sale. Closed sales were up by 65.7% for the month compared to last year (in April they were up by 47.3%). New sales under contract (new pending sales) decreased by 26.6% (they were up by 34.6% last month).

Prices continued to rise sharply.  The median sales price was up by 26.4% (was up by 20.7% in April).  The average sales price was up by 37.0% (it was up by 30.2% in April).

The number of available home listings increased by 61 homes to 881 homes.  This inventory is 43.9% less than last year.  The current supply of homes is only 1.5 months (it was 3.3 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 May 2021 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 2021 Market Report

St Lucie County Townhouses and Condos April 2021 Market Report

05.28.21 by

St Lucie County Townhouses and Condos April 2021 Market Report

The St Lucie County Townhouses and Condos market for April 2021 continues to show very strong activity when compared to April of 2020. Closed sales were up by 156.1% from last year (were up by 61.9% in March). New pending sales were up by 179.6% for April (they were up by 166.7% last month).

The April prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in March) while the average sales price increased by 7.1% (was up by 32.3% in March).

The inventory of available townhouses and condos decreased by 6 units from last month to 230 residences. This is 61.0% less inventory than we had in April 2020. The current inventory supply is 1.8 months, as compared to 6.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos April 2021 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 2021 Market Report

St Lucie County Single Family Homes April 2021 Market Report

05.27.21 by

St Lucie County Single Family Homes April 2021 Market Report

The April 2021, St Lucie County Single Family Home market continues to show impressive yearly improvements with very strong sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 47.3% for the month compared to last year (in March they were up by 7.7%). New sales under contract (new pending sales) increased by 34.6% (they were up by 37.1% last month).

Prices were also up for the month.  The median sales price was up by 20.7% (was up by 15.8% in March).  The average sales price was up by 30.2% (it was up by 18.4% in March).

The number of available home listings increased by 85 homes to 820 homes.  This inventory is 53.8 % less than last year.  The current supply of homes is only 1.4 months (it was 3.6 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 April 2021 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 2021 Market Report

St Lucie County Townhouses and Condos March 2021 Market Report

04.29.21 by

St Lucie County Townhouses and Condos March 2021 Market Report

The St Lucie County Townhouses and Condos market for March 2021 continues to show strong activity when compared to March of 2020. Closed sales were up by 61.9% from last year (were up by 17.4% in February). New pending sales were up by 166.7% for March (they were up by 61.9% last month).

The March prices were also up.  The median price increased by 32.7% from last year (was up by 32.1% in February) while the average sales price increased by 32.3% (was up by 12.8% in February).

The inventory of available townhouses and condos decreased by 46 units from last month to 236 residences. This is 61.8% less inventory than we had in March 2020. The current inventory supply is 2.0 months, as compared to 6.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos March 2021 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 2021 Market Report

St Lucie County Single Family Homes March 2021 Market Report

04.28.21 by

St Lucie County Single Family Homes March 2021 Market Report

The March 2021, St Lucie County Single Family Home market continues to show yearly improvements with strong sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 7.7% for the month compared to last year (in February they were up by 21.6%). New sales under contract (new pending sales) increased by 37.1% (they were up by 8.6% last month).

Prices were also up for the month.  The median sales price was up by 15.8% (was up by 17.0% in February).  The average sales price was up by 18.4% (it was up by 24.2% in February).

The number of available home listings decreased by 142 homes to 765 homes.  This inventory is 59.5% less than last year.  The current supply of homes is only 1.4 months (it was 3.8 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 March 2021 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 2021 Market Report

St Lucie County Townhouses and Condos February 2021 Market Report

03.30.21 by

St Lucie County Townhouses and Condos February 2021 Market Report

The St Lucie County Townhouses and Condos market for February 2021 continues to show strong activity when compared to February of 2020. Closed sales were up by 17.4% from last year (were up by 41.2% in January). New pending sales were up by 72.6% for February (they were up by 18.9% last month).

The February prices were also up.  The median price increased by 32.1% from last year (was up by 31.8% in January) while the average sales price increased by 12.8% (was up by 3.6% in January).

The inventory of available townhouses and condos decreased by 62 units from last month to 282 residences. This is 54.2 % less inventory than we had in February 2020. The current inventory supply is 2.5 months, as compared to 6.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos February 2021 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 2021 Market Report

St Lucie County Single Family Homes February 2021 Market Report

03.29.21 by

St Lucie County Single Family Homes February 2021 Market Report

The February 2021, St Lucie County Single Family Home market continues to show yearly improvements with strong sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 21.6% for the month compared to last year (in January they were up by 21.9%). New sales under contract (new pending sales) increased by 8.6% (they were up by 9.6% last month).

Prices were also up for the month.  The median sales price was up by 17.0% (was up by 17.4% in January).  The average sales price was up by 24.2% (it was up by 16.8% in January).

The number of available home listings decreased by 81 homes to 907 homes.  This inventory is 51.7% less than last year.  The current supply of homes is only 1.7 months (it was 3.8 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 February 2021 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 2021 Market Report

St Lucie County Townhouses and Condos January 2021 Market Report

03.02.21 by

St Lucie County Townhouses and Condos January 2021 Market Report

The St Lucie County Townhouses and Condos market for January 2021 continues to show very strong activity. Closed sales were up by 41.2% from last year (were up by 25.5% in December). New pending sales were up by 18.9% for January (they were up by 53.2% last month).

The January prices were also up.  The median price increased by 31.8% from last year (was up by 38.2% in December) while the average sales price increased by 3.6% (was up by 23.1% in December).

The inventory of available townhouses and condos increased by 25 units from last month to 344 residences. This is 41.3% less inventory than we had in January 2020. The current inventory supply is 3.0 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos January 2021 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 2021 Market Report

St Lucie County Single Family Homes January 2021 Market Report

03.01.21 by

St Lucie County Single Family Homes January 2021 Market Report

The January 2021, St Lucie County Single Family Home market continues to show yearly improvements with strong sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 21.9% for the month compared to last year (in December they were up by 1.4%). New sales under contract (new pending sales) increased by 9.6% (they were up by 44.1% last month).

Prices were also up for the month.  The median sales price was up by 17.4% (was up by 14.2% in December).  The average sales price was up by 16.8% (it was up by 18.5% in December).

The number of available home listings increased by 56 homes to 988 homes.  This inventory is 48.8% less than last year.  The current supply of homes is only 1.8 months (it was 3.9 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 January 2021 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 2021 Market Report

St Lucie County Townhouses and Condos December 2020 Market Report

01.29.21 by

St Lucie County Townhouses and Condos December 2020 Market Report

The St Lucie County Townhouses and Condos market for December 2020 continues to show very strong activity. Closed sales were up by 25.5% from last year (were up by 49.0% in November). New pending sales were up by 53.2% for December (they were up by 56.3% last month).

The December prices were also up sharply.  The median price increased by 38.2% from last year (was up by 44.8% in November) while the average sales price increased by 23.1% (was up by 38.7% in November).

The inventory of available townhouses and condos decreased by 43 units from last month to 319 residences. This is 45.2% less inventory than we had in December 2019. The current inventory supply is 2.9 months, as compared to 5.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2020 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 December 2020 Market Report

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

St Lucie County Townhouses and Condos November 2020 Market Report

12.30.20 by

St Lucie County Townhouses and Condos November 2020 Market Report

The St Lucie County Townhouses and Condos market for November 2020 continues to show excellent activity. Closed sales were up by 49.0% from last year (were up by 102.5% in October). New pending sales were up by 56.3% for November (they were up by 42.6% last month).

The November prices were also up.  The median price increased by 44.8% from last year (was down by 17.5% in October) while the average sales price increased by 38.7% (was up by 35.4% in October).

The inventory of available townhouses and condos was unchanged from last month at 362 units. This is 37.7% less inventory than we had in November 2019. The current inventory supply is 3.3 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos November 2020 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos November 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

St Lucie County Townhouses and Condos October 2020 Market Report

11.27.20 by

St Lucie County Townhouses and Condos October 2020 Market Report

The St Lucie County Townhouses and Condos market for October 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 102.5% from last year (were up by 68.4% in September). New pending sales were up by 42.6% for October (they were up by 145.1% last month).

October prices were also up.  The median price increased by 17.5% from last year (was down by 2.4% in September) while the average sales price increased by 35.4% (was up by 12.6% in September).

The inventory of available townhouses and condos decreased by 25 units from last month to 362 units. This is 37.2% less inventory than we had in October 2019. The current inventory supply is 3.5 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2020 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos October 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

St Lucie County Townhouses and Condos September 2020 Market Report

10.30.20 by

St Lucie County Townhouses and Condos September 2020 Market Report

The St Lucie County Townhouses and Condos market for September 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 68.4% from last year (were up by 44.7% in August). New pending sales were up by 145.1% for September (they were up by 43.2% last month).

September prices were mixed.  The median price decreased by 2.4% from last year (was up by 35.5% in August) while the average sales price increased by 12.6% (was up by 30.7% in August).

The inventory of available townhouses and condos decreased by 15 units from last month to 387 units. This is 29.4% less inventory than we had in September 2019. The current inventory supply is 4.0 months, as compared to 5.6 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2020 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos September 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

St Lucie County Townhouses and Condos August 2020 Market Report

09.30.20 by

St Lucie County Townhouses and Condos August 2020 Market Report

The St Lucie County Townhouses and Condos market for August 2020 is recovering nicely from the effects of the current pandemic. Closed sales were up by 44.7% from last year (were up by 23.6% in July). New pending sales were up by 43.2% for August (they were up by 46.1% last month).

August prices were also up.  The median price increased by 35.5% from last year (was up by 35.9% in July) while the average sales price increased by 30.7% (was up by 16.4% in July).

The inventory of available townhouses and condos decreased by 66 units from last month to 402 units. This is 24.3% less inventory than we had in August 2019. The current inventory supply is 4.3 months, as compared to 5.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2020 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos August 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