September 2014 Monthly Market Detail Martin County Townhouses and Condos
September 2014 Monthly Market Detail Martin County Townhouses and Condos showed another month of strong gains. Compared to the Florida state activity, Martin County is outperforming the average in activity and price Year to year closed sales were up by 22.2% (was up by 11.8% in August) as well as new sales under contract (new pending sales) rose by 44% from September 2013 (was up by 31.3% in August).
The median sales price decreased by 1% (was up by 2.3% in August) while the average sales price decreased by 0.4% (was up by 11.7% in August) as compared to September of 2013. We had some good gains back in August, but for September we are back to steady to decreasing sales values.
The inventory of available townhouses and condos has decreased by 1 unit to 514 properties from last month which is also 10.8% less inventory than was available in September of 2013. This represents a 5 month supply of inventory (a 9.8% decrease from last year). A sellers market for townhouses and condos in Martin County for September 2014.
Click here to view or download the full report: September 2014 Monthly Market Detail Martin County Townhouses and Condos
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.
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