St Lucie County Townhouses and Condos March 2021 Market Report
The St Lucie County Townhouses and Condos market for March 2021 continues to show strong activity when compared to March of 2020. Closed sales were up by 61.9% from last year (were up by 17.4% in February). New pending sales were up by 166.7% for March (they were up by 61.9% last month).
The March prices were also up. The median price increased by 32.7% from last year (was up by 32.1% in February) while the average sales price increased by 32.3% (was up by 12.8% in February).
The inventory of available townhouses and condos decreased by 46 units from last month to 236 residences. This is 61.8% less inventory than we had in March 2020. The current inventory supply is 2.0 months, as compared to 6.3 months of inventory last year. The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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.
Recent County Market Report Posts:
- St. Lucie County Townhouses and Condos 2024 3rd Quarter Report
- St. Lucie County Single Family Homes 2024 3rd Quarter Report
- Martin County Townhouses and Condos 2024 3rd Quarter Report
- Martin County Single Family Homes 2024 3rd Quarter Report
- St Lucie County Townhouses and Condos September 2024 Market Report
- St Lucie County Single Family Homes September 2024 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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