St Lucie County Townhouses and Condos June 2019 Market Report
The St Lucie County Townhouses and Condos market for June 2019 continued with the second month of weaker sales activity. Closed sales were down by 4.6% from last year (were down by 17.7% in May) while new pending sales were down by 5.8% for June (they were up by 11.7% in May).
Prices, though, rose for June. The median price increased by 10.4% from last year (was down by 5.4% in May) while the average sales price increased by 4.2% (was down by 0.9% in May).
The inventory of available townhouses and condos decreased by 42 units from last month to 545 units, which is still 4.0% greater than June 2018. The current inventory is 5.4 months, as compared to 5.2 months of inventory last year. The St Lucie County townhouses and condos market slipped back into 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 June 2019 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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