St Lucie County Townhouses and Condos January 2018 Market Report
The St Lucie County Townhouses and Condos January 2018 Market Report began the year with mixed sales results. Close sales were down while pending sales were up. Closed sales were down by 19.7% from last year (was up by 26.6% in December) while new pending sales were up by 21.2% for January (was up by 1.6% in December).
Prices increased with the median price increasing by 1.6% from last year (was down by 13.3% in December) while the average sales price increased by 17.9% (was up by 16.1% in December).
The inventory of available townhouses and condos increased by 52 units from last month to 568 units, which is 2.7% less than January 2017. The current supply is 5.7 months, which is 6.6% less than the 6.1 months of inventory last year. The St Lucie County townhouses and condos market continues to be a seller’s market, but approaching a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.
Click here to view or download the full report:
St Lucie County Townhouses and Condos January 2018 Market Report
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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