St Lucie County Townhouses and Condos July 2019 Market Report
The St Lucie County Townhouses and Condos market for July 2019 is now in the third month of weaker sales activity. Closed sales were down by 6.8% from last year (were down by 4.6% in June). While new pending sales were down by 11.3% for July (they were down by 5.8% in June).
Prices were mixed for July. The median price decreased by 10.1% from last year (was up by 10.4% in June). The average sales price increased by 4.8% (was up by 4.2% in June).
The inventory of available townhouses and condos increased by 7 units from last month to 552 units, which is 14.0% greater than July 2018. The current inventory is 5.5 months, as compared to 4.7 months of inventory last year. The St Lucie County townhouses and condos market remains as a slight seller’s market. 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 Market Report
View previous St Lucie County Townhouses and condos market reports here!
The latest 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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