St Lucie County Townhouses and Condos September 2019 Market Report
The St Lucie County Townhouses and Condos market for September 2019 showed mixed activity as compared to last year. Closed sales were up by 1.3% from last year (were down by 29.9% in August). New pending sales were down by 11.3% for September (they were down by 14.4% in August).
Prices were lower for September. The median price decreased by 3.3% from last year (was up by 4.9% in August) while the average sales price decreased by 17.8% (was down by 23.3% in August).
The inventory of available townhouses and condos increased by 17 units from last month to 548 units, which is 8.3% greater than September 2018. The current inventory is 5.6 months, as compared to 4.8 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.
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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.
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