St Lucie County Townhouse and Condo Sales 2016 Yearly Review
For the St Lucie County Townhouse and Condo Sales 2016 Yearly Review had weaker activity when compared to 2015. Year to year closed sales were down by 6.6% as compared to 2015 which saw a decrease of 0.9% and new sales under contract (new pending sales) decreased by 11.5% (2015 saw a decrease of 7.9%).
Interestingly both median and average sales prices were up (year to year) by 5.9% and 2.9% respectively (2015 numbers were 1.8% and 7.0%). Prices continue to rise.
Inventory increased by 8.1% as compared to 2015’s decrease of 20.5%. While the supply of inventory increased to 5.7 months as compared to 4.9 months for 2015. Still in a seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.
To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2016 Yearly 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.
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