Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 10.3% as compared to last month’s increase of 6.5%.  New sales under contract (new pending sales) increased by 20.7% (In July there was a 19.3% increase).

Prices also increased for August.  The median sales price was up by 14.5% (was up by 11.7% in July), while the average sales price increased by 14.6% (was up 12.8% in July).

The inventory of active listings decreased by 5.6% from August of last year.  This results in 5.3 months of inventory as compared to 5.4 months for August 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2020 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos July 2020 Market Report

Florida Townhouses and Condos July 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 6.5% as compared to last month’s decrease of 10.9%.  New sales under contract (new pending sales) increased by 19.3% (In June there was a 19.8% increase).

Prices increased for July.  The median sales price was up by 11.7% (was up by 7.7% in June), while the average sales price increased by 12.8% (was up 7.3% in June).

The inventory of active listings decreased by 4.5% from July of last year.  This results in 5.6 months of inventory as compared to 5.5 months for July 2019.  Moving back into a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos July 2020 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos July 2020 Market Report

VilaBella Town-Home Condos August 2020 Market Report

VilaBella Town-Home Condos August 2020 Market Report


For August 2020, there are 3 town-home condos for sale in the VilaBella community of Stuart, FL. List prices range from $184,900 up to $189,900. This is an average list price of $186,600 which is $163.22 per sq. ft. of living area.

There is 1 home currently under contract in Vilabella. The list price was $209,900 or $130.62 per sq. ft. of living area. This townhome was on the market for 48 days before going under contract.

In the past 12 months, 8 VilaBella townhomes have sold. Sales prices ranged from $150,000 up to $188,000. This works out to an average sales price of $171,688 which works out to $133.36per sq. ft. of living area.  These homes sold for 97% of list price and were on the market for an average of 30 days before going under contract.

Click here to view recent VilaBella market reports!

About Vilabella in Stuart FL:

Vilabella in Stuart FL

Vilabella townhomes are very conveniently located off SE Central Parkway with easy access to Kanner Highway as well as US-1.  Very easy access to shopping, restaurants and downtown Stuart.  Also, an excellent location for those wishing to access I-95 and commute to points both North and South.

Vilabella in Stuart FL

 Officially known as Vilabella Central Park Condos in Stuart FL this community is made up of 112 attached townhome style condos that were built in 2006.  These homes range in size from 3 Bedroom, 3 Bath (two-level) units with 1,607 sq. ft. of living area down to 2 Bedroom, 2 Bath townhomes with 1,072 sq. ft. of living area.  All Vilabella townhomes come with a single car garage.  There is also a community pool for the residents’ enjoyment.

Vilabella in Stuart FL

2 large pets are permitted.  The HOA fees vary from $295.00 to $316.00 a month depending on the size and location of the unit.  Since these units are deeded as condos, these fees cover insurance and exterior maintenance as well as common area fees, management, cable TV, pest control, recreational facilities, etc.

Vilabella in Stuart FL

Search here for Vilabella Townhomes for Sale

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Recent Market Report Posts:

VilaBella Town-Home Condos August 2020 Market Report

Florida Townhouses and Condos June 2020 Market Report

Florida Townhouses and Condos June 2020 Market Report

Florida Townhouses and Condos market is still showing some effects of the current pandemic, but not as bad as last month. Closed sales were down by 10.9% as compared to last month’s decrease of 50.3%.  New sales under contract (new pending sales) increased by 19.8% (In May there was an 16.8% decrease).

Prices, however, increased for May.  The median sales price was up by 7.7% (was up by 3.3% in May), while the average sales price increased by 7.3% (was up 1.0% in May).

The inventory of active listings decreased by 5.9% from June of last year.  This results in 5.7 months of inventory as compared to 5.7 months for June 2019.  Moving back into a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos June 2020 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos June 2020 Market Report

Florida Townhouses and Condos May 2020 Market Report

Florida Townhouses and Condos May 2020 Market Report

Florida Townhouses and Condos market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year.  Closed sales were down by 50.3% as compared to last month’s decrease of 36.5%.  New sales under contract (new pending sales) decreased by 16.8% (In April there was an 56.6% decrease).

Prices, however, increased for April.  The median sales price was up by 3.3% (was up by 7.7% in April), while the average sales price increased by 1.0% (was up 0.7% in April).

The inventory of active listings decreased by 4.3% from April of last year.  This results in 6.0 months of inventory as compared to 5.9 months for March 2019.  Moving into a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos May 2020 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos May 2020 Market Report