November 2013 Monthly Market Detail Martin County Townhouses and Condos

The November 2013 Monthly Market Detail Martin County Townhouses and Condos continues to showed some weakness of the year to year results.  This is the second month of mixed to poor results and mirrors some of the other counties as well as the state of Florida as a whole.  We are now well into our slower season, however we are comparing to last years results for the same period.   Year to year closed sales were down by 6.4% ( up by 1.1% in October) while new sales under contract (new pending sales) decreased by 1% (was down 36.2% in October).

The median sales price decreased by 0.2% (was up by 1.3% in October) while the average sales price dropped by 26.7% (was up 10.7% in October) as compared to November of 2012.

 The inventory of available townhouses and condos has increased to 624 units from last month, still under November 2012 inventory by 15.8%.  Current supply of inventory is 6.2 months (a 27.5% decrease from last year).  After several months of a seller’s market we are transitioning into a balanced market once again.  A balanced market is a healthy sign if it continues through the year.

 Click here to view or download the full report:
November 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

November 2013 Monthly Market Detail Martin County Townhouses and Condos

October 2013 Monthly Market Detail Martin County Townhouses and Condos

The October 2013 Monthly Market Detail Martin County Townhouses and Condos continues to showed some weakness of the year to year results.  After some surprisingly strong results from last month.  We are now well into our slower season, however we are comparing to last years results for the same period.   Year to year closed sales were up by 1.1% ( up by 36.2% in September) while new sales under contract (new pending sales) decreased by 36.2% (was down 8% in September).

The median sales price increased by 1.3% (was up by 49.5% in September) while the average sales price rose by 10.7% (was up 30.6% in September) as compared to October of 2012.

The inventory of available townhouses and condos has increased slightly to 596 units from last month, while still a decrease of  21.1% from last October.  Current supply of inventory is only 5.9 months (a 33.9% decrease from last year).  For the Martin County townhouse and condo market we have transitioned into numerous months of a seller’s market.  This is exerting significant pressure into rising values for this segment of the real estate market.

 Click here to view or download the full report:
October 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

October 2013 Monthly Market Detail Martin County Townhouses and Condos

September 2013 Monthly Market Detail Martin County Townhouses and Condos

The September 2013 Monthly Market Detail Martin County Townhouses and Condos continues to show positive year to year results.  Though the gains for September were surprisingly strong as compared to August of 2013, though we are entering into our slower season.   Year to year closed sales were up by 36.2% ( up by 1.3% in August) while new sales under contract (new pending sales) decreased by 8% (was up 4.9% in August).

The median sales price increased by 49.5% (was up by 16.3% in August) while the average sales price rose by 30.6% (was up 13.4% in August) as compared to September of 2012.

The inventory of available townhouses and condos has increased slightly to 560 units from last month, while still a decrease of 29.8% from last September.  Current supply of inventory is only 5.6 months (a 41.9% decrease from last year).  For the Martin County townhouse and condo market we have transitioned into numerous months of a seller’s market.  This is exerting significant pressure into rising values for this segment of the real estate market.

 Click here to view or download the full report:
September 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

September 2013 Monthly Market Detail Martin County Townhouses and Condos

August 2013 Monthly Market Detail Martin County Townhouses and Condos

The August 2013 Monthly Market Detail Martin County Townhouses and Condos continues to show positive year to year results.  Though the gains for August are not quite as dynamic as they have been in the earlier months of 2013.   Year to year closed sales were up by 1.3% ( down by 20.8% in July) while new sales under contract (new pending sales) increased by 4.9% (was 65.6% in July).

The median sales price increased by 16.3% (was up by 20.7% in July) while the average sales price rose by 13.4% (was up 10.2% in July) as compared to August of 2012.

The inventory of available townhouses and condos have decreased to 534 units which is a decrease of 34.1% from last August.  Current supply of inventory is only 5.4 months (a 43.5% decrease from last year).  For the Martin County townhouse and condo market we are now in a seller’s market.  This will put significant pressure into possible rising values as long as a seller’s market persists.

Click here to view or download the full report:
August 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

August 2013 Monthly Market Detail Martin County Townhouses and Condos

July 2013 Monthly Market Detail Martin County Townhouses and Condos

The July 2013 Monthly Market Detail Martin County Townhouses and Condos continues to show positive year to year results.  We’ve had a very impressive run so far in 2013 with no signs of abatement.   Year to year closed sales were up by 20.8% ( down by 18% in June) while new sales under contract (new pending sales) increased by 65.6% (was 38.3% in June).

The median sales price increased by 20.7% (was up by 14.6% in June) while the average sales price rose by 10.2% (was up 25.3% in June) as compared to July of 2012.

The inventory of available townhouses and condos have decreased to 545 units which is a decrease of 31.5% from last July.  Current supply of inventory is only 5.5 months (a 41.4% decrease from last year).  For the Martin County townhouse and condo market we are now in a seller’s market.  This will put significant pressure into possible rising values as long as a seller’s market persists.

Click here to view or download the full report:
July 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

July 2013 Monthly Market Detail Martin County Townhouses and Condos

June 2013 Monthly Market Detail Martin County Townhouses and Condos

While there were positive results in pricing year to year for the June 2013 Monthly Market Detail Martin County Townhouses and Condos, sales numbers were off for the month.   Year to year closed sales were down by 12.8% ( up by 28% in May) while new sales under contract (new pending sales) increased by 38.3% (was 56.6% in May).

The median sales price increased by 14.6% (was off 5.5% in May) while the average sales price rose by 25.3% (was up 9.74% in May) as compared to June of 2012.

The inventory of available townhouses and condos have decreased to 547 units which is a decrease of 33.5% from last June.  Current supply of inventory is only 5.6 months (a 33.5% decrease from last year).  For the Martin County townhouse and condo market we are now in a slight seller’s market.  This will put significant pressure into possible rising values as long as a seller’s market persists.

Click here to view or download the full report:
June 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

June 2013 Monthly Market Detail Martin County Townhouses and Condos

May 2013 Monthly Market Detail Martin County Townhouses and Condos

Another set of positive results reported by Florida Realtors for the May 2013 Monthly Market Detail Martin County Townhouses and Condos.   Year to year closed sales were up by 28% and new sales under contract (new pending sales) increased by a very impressive 56.6%

The median sales price decreased by 5.5% while the average sales price rose by 9.74% as compared to May of 2012.

The inventory of available townhouses and condos have decreased to 612 units which is a decrease of 28.4% from last May.  Current supply of inventory is only 6.2 months (a 39.2% decrease from last year).  For the Martin County townhouse and condo market, these results are very similar to our single family home market as both segments rapidly approach a balanced market that favors neither the buyer nor seller.

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Click here to view or download the full report:
May 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

May 2013 Monthly Market Detail Martin County Townhouses and Condos

April 2013 Monthly Market Detail Martin County Townhouses and Condos

Another set of positive results reported by Florida Realtors for the April 2013 Monthly Market Detail Martin County Townhouses and Condos.   Year to year closed sales were up by an impressive 39.7% and new sales under contract (new pending sales) increased by  45.8%

The median and average sales prices also increased by 33.9% and 13.4% respectively from April of 2012.

The inventory of available townhouses and condos have decreased to 645 units which id down by 26.3% from last April.  Current supply of inventory is only 6.7 months (a 36.7% decrease from last year).  For the Martin County townhouse and condo market, these results are very similar to our single family home market as both segments rapidly approach a balanced market that favors neither the buyer nor seller.

Here’s the summary chart from the Florida Realtors report:

Click here to view or download the full report:
April 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

April 2013 Monthly Market Detail Martin County Townhouses and Condos

April 2013 Monthly Market Detail Martin County Single Family Homes

Another excellent month as reported by Florida Realtors for the April 2013 Monthly Market Detail Martin County Single Family Homes.   Year to year closed sales were up by 28.9% and new sales under contract (new pending sales) increased by 47.3%

Both the median and average sales prices have risen year over year by 23.5% and 32% respectively.

The inventory of available single family homes have decreased to 1216 units which id down by 29.1% from last April.  Current supply of inventory is only 7.2 months (a 41.5% decrease from last year).   If this trend continues (and we see no reason to doubt it) we will soon be in a balanced market for the single family real estate market in Martin County.  There’s no reason not to expect a sellers market should the inventory continue to decrease.

Here’s the summary chart from the Florida Realtors report:

Click here to view or download the full report:
April 2013 Monthly Market Detail Martin County Single Family Homes

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.

April 2013 Monthly Market Detail Martin County Single Family Homes

March 2013 Monthly Market Detail Martin County Townhouses and Condos

Some very positive results reported by Florida Realtors for the March 2013 Monthly Market Detail Martin County Townhouses and Condos.   Year to year closed sales were up by an impressive 38.7% and new sales under contract (new pending sales) increased by over 41%

The median and average sales prices also increased by 12.8% and 23.6% respectively from March of 2012.

The inventory of available townhouses and condos have decreased to 687 units which id down by 20.6% from last March.  Current supply of inventory is only 7.5 months (a 30.6% decrease from last year).  For the Martin County townhouse and condo market, these results are very similar to our single family home market as both segments rapidly approach a balanced market that favors neither the buyer nor seller.

Here’s the summary chart from the Florida Realtors report:

Click here to view or download the full report:
March 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

March 2013 Monthly Market Detail Martin County Townhouses and Condos