St Lucie County Townhouses and Condos December 2019 Market Report
The St Lucie County Townhouses and Condos market for December 2019 had a very strong end of the year. Closed sales were up by 35.9% from last year (were up by 12.6% in November). New pending sales were up by 21.5% for December (they were down by 1.1% in November).
Prices were mixed for December. The median price decreased by 10.2% from last year (was up by 3.3% in November) while the average sales price increased by 1.3% (was up by 2.7 % in November).
The inventory of available townhouses and condos increased by 1 unit from last month to 581 units, which is 5.1% greater than December 2018. The current inventory is 5.9 months, as compared to 5.4 months of inventory last year. The St Lucie County townhouses and condos real estate market continues to be close to a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.
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.
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