St Lucie County Townhouses and Condos March 2019 Market Report
The St Lucie County Townhouses and Condos March 2019 Market Report had a weaker month of sales when compared to last year. Closed sales were down by 15.3% from last year (were down by 13.0% in February) while new pending sales were down by 14.7% for March (they were down by 4.1% in February).
Prices were up for the month. The median price increased by 15.3% from last year (was down by 22.8% in February) while the average sales price increased by 10.1% (was down by 12.5% in February).
The inventory of available townhouses and condos decreased by 13 units from last month to 623 units, which is 8.3% greater than March 2018. The current inventory is 6.1 months, as compared to 5.6 months of inventory last year. The St Lucie County townhouses and condos market remains in a balanced 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 March 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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