St Lucie County Townhouses and Condos October 2019 Market Report
The St Lucie County Townhouses and Condos market for October 2019 showed mixed activity as compared to last year. Closed sales were down by 17.5% from last year (were up by 1.3% in September). New pending sales were up by 13.9% for October (they were down by 11.3% in September).
Prices were mixed for October. The median price increased by 0.2% from last year (was down by 3.3% in September) while the average sales price decreased by 6.6% (was down by 17.8% in September).
The inventory of available townhouses and condos increased by 28 units from last month to 576 units, which is 6.7% greater than October 2018. The current inventory is 6.0 months, as compared to 5.1 months of inventory last year. The St Lucie County townhouses and condos real estate market has transitioned into 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
Click here to view past St. Lucie County townhouses and condos market reports
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.
Leave a Reply