St Lucie County Townhouses and Condos Sales 2023 Yearly Review

01.25.24 by

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2023 continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 10.5% as compared to 2022 which saw a decrease of 27.3% and new sales under contract (new pending sales) decreased by 5.3% (2022 saw a decrease of 28.7%).

St Lucie County Townhouses and Condos Sales 2023 Yearly Review
Click the image for the full report

Prices were up when compared to last year, however, these prices are not rising as fast as in previous years. The median sales price increased by 8.9% compared to the 19.1% rise last year. The average sales price was up by 0.8% as compared to the 20.0% increase in 2022.

Inventory increased by 91.1% as compared to 2022’s increase of 99.3%. At the same time, the monthly supply of inventory rose to 6.4 months as compared to 3.0 months for 2022.  Entering into a balanced market for Saint Lucie County townhouses and condos after a long stretch of being in a seller’s market.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2023

View previous St Lucie County Yearly Reviews Here!

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.

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

St Lucie County Single Family Home Sales 2023 Yearly Review

01.24.24 by

St Lucie County Single Family Home Sales 2023 Yearly Review

The St Lucie County Single Family Home Sales for 2023 as reported by Florida Realtors continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 13.5% (were down by 10.0% in 2022) and new sales under contract (new pending sales) decreased by 9.7% (were down by 18.0% in 2022).

St Lucie County Single Family Home Sales 2023 Yearly Review
St Lucie County Single Family Home Sales 2023 Yearly Review

Both median and average sales prices were up for 2023 by 2.2% and 1.8% respectively.   These numbers were 23.6% and 20.5% respectively in 2022. These prices are not rising as fast as in previous years.

The inventory of available homes for sale increased by 1.6% from 2022 (When there was a 170.7% increase).  While the monthly supply of homes increased to 3.6 months from 3.1 months in 2022.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2023 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

To view the complete 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.

St Lucie County Single Family Home Sales 2023 Yearly Review

St Lucie County Townhouses and Condos Sales 2022 Yearly Review

01.25.23 by

St Lucie County Townhouses and Condos Sales 2022 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2022 is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 27.3% as compared to 2021 which saw an increase of 20.5% and new sales under contract (new pending sales) decreased by 28.7% (2021 saw an increase of 14.0%).

St Lucie County Townhouses and Condos Sales 2022 Yearly Review
Click the image for the full report

Prices, though, were up when compared to last year. The median sales price increased by 19.1% compared to the 9.3% rise last year. The average sales price was up by 20.0% as compared to the 16.2% increase in 2021.

Inventory increased by 99.3% as compared to 2021’s decrease of 54.2%. At the same time, the monthly supply of inventory rose to 3.0 months as compared to 1.1 months for 2021.  Remaining a seller’s market for Saint Lucie County townhouses and condos for the time being.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2022

View previous St Lucie County Yearly Reviews Here!

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.

St Lucie County Townhouses and Condos Sales 2022 Yearly Review

St Lucie County Single Family Home Sales 2022 Yearly Review

01.24.23 by

St Lucie County Single Family Home Sales 2022 Yearly Review

The St Lucie County Single Family Home Sales for 2022 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 10.0% (were up by 14.6% in 2021) and new sales under contract (new pending sales) decreased by 18.0% (were up by 8.9% in 2021).

St Lucie County Single Family Home Sales 2022 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2022 by 23.6% and 20.5% respectively.   These numbers were 23.0% and 26.3% respectively in 2021.

The inventory of available homes for sale increased by 170.7% from 2021 (When there was a 32.9% decrease).  While the monthly supply of homes increased to 3.1 months from 1.0 months in 2021.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2022 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

To view the complete 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.

St Lucie County Single Family Home Sales 2022 Yearly Review

St Lucie County Townhouses and Condos Sales 2021 Yearly Review

02.07.22 by

St Lucie County Townhouses and Condos Sales 2021 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2021 had stronger sales activity when compared to 2020.  Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 20.5% as compared to 2020 which saw an increase of 11.7% and new sales under contract (new pending sales) increased by 14.0% (2020 saw an increase of 19.3%).

St Lucie County Townhouse and Condo Sales 2021 Yearly Review
Click the image for the full report

Prices were also up when compared to last year. The median sales price increased by 9.3% as compared to the 19.1% rise last year. The average sales price was up by 16.2% as compared to the 17.4% increase in 2020.

Inventory decreased by 54.2% as compared to 2020’s decrease of 45.2%. While the monthly supply of inventory decreased to 1.1 months as compared to 2.9 months for 2020.  A strong seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales

View previous St Lucie County Yearly Reviews Here!

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.

St Lucie County Townhouses and Condos Sales 2021 Yearly Review

St Lucie County Single Family Home Sales 2021 Yearly Review

02.06.22 by

St Lucie County Single Family Home Sales 2021 Yearly Review

The St Lucie County Single Family Home Sales for 2021 as reported by Florida Realtors indicates that Saint Lucie County had a stronger market activity for single-family home sales throughout the year 2021 when compared to 2020.  Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 14.6% (were up by 8.3% in 2020) and new sales under contract (new pending sales) increased by 8.9% (were up by 17.8% in 2020).

St Lucie County Single Family Home Sales 2021 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2021 by 23.0% and 26.3% respectively.   These numbers were 7.3% and 9.1% respectively in 2020.

The inventory of available homes for sale decreased by 32.9% from 2020 (When there was a 46.4% decrease).  While the monthly supply of homes decreased to 1.0 months from 1.8 months for 2020.  Remaining in an extreme seller’s market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County 2021 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

To view the complete 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.

St Lucie County Single Family Home Sales 2021 Yearly Review

St Lucie County Townhouse and Condo Sales 2020 Yearly Review

02.24.21 by

St Lucie County Townhouse and Condo Sales 2020 Yearly Review

The St Lucie County Townhouse and Condo Sales for 2020 had stronger sales activity when compared to 2019.  Initially, after the pandemic hit, market activity slowed to a near standstill. This was followed by a very strong sellers’ market for the remainder of the year. Year to year closed sales were up by 11.7% as compared to 2019 which saw a decrease of 9.9% and new sales under contract (new pending sales) increased by 19.3% (2019 saw a decrease of 4.7%).

St Lucie County Townhouse and Condo Sales 2020 Yearly Review
Click the image for the full report

Prices were also up when compared to last year. The median sales price increased by 19.1% as compared to the 2.1% rise last year. The average sales price was up by 17.4% as compared to the 3.2% decrease in 2019.

Inventory decreased by 45.2% as compared to 2019’s increase of 5.1%. While the monthly supply of inventory decreased to 2.9 months as compared to 5.9 months for 2019.  A strong seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales

View previous St Lucie County Yearly Reviews Here!

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 market reports:

St Lucie County Townhouse and Condo Sales 2020 Yearly Review

St Lucie County Single Family Home Sales 2020 Yearly Review

02.23.21 by

St Lucie County Single Family Home Sales 2020 Yearly Review

The St Lucie County Single Family Home Sales for 2020 as reported by Florida Realtors indicates that Saint Lucie County had a stronger market activity for single family home sales throughout the year of 2020 when compared to 2019.  Initially, after the pandemic hit, market activity slowed to a near standstill. This was followed by a very strong sellers’ market for the remainder of the year. Year to year closed sales were up by 8.3% (were up by 6.7% in 2019) and new sales under contract (new pending sales) increased by 17.8% (were up by 6.1% in 2019).

St Lucie County Single Family Home Sales 2020 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2020 by 7.3% and 9.1% respectively.   These numbers were 5.9% and 4.0% respectively in 2019.

The inventory of available homes for sale decreased by 46.4% from 2019 (When there was a 9.3% decrease).  While the monthly supply of homes decreased to 1.8 months from 3.5 months for 2019.  Remaining in an extreme seller’s market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

To view the complete 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 market reports:

St Lucie County Single Family Home Sales 2020 Yearly Review

St Lucie County Townhouse and Condo Sales 2019 Yearly Review

02.20.20 by

St Lucie County Townhouse and Condo Sales 2019 Yearly Review

The St Lucie County Townhouse and Condo Sales for 2019 had slower sales activity when compared to 2018.  Year to year closed sales were down by 9.9% as compared to 2018 which saw an increase of 1.1% and new sales under contract (new pending sales) decreased by 4.7% (2018 saw an decrease of 1.7%).

St Lucie County Townhouse and Condo Sales 2019 Yearly Review
Click the image for the full report

Prices were mixed when compared to last year. The median sales price increased by 2.1% as compared to the 4.0% rise last year. The average sales price was down by 3.2% as compared to the 6.3% increase in 2018.

Inventory increased by 5.1% as compared to 2018’s increase of 7.4%. While the monthly supply of inventory increased to 5.9 months as compared to 5.4 months for 2018.  Still a seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales

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 market reports:

St Lucie County Townhouse and Condo Sales 2019 Yearly Review

St Lucie County Single Family Home Sales 2019 Yearly Review

02.19.20 by

St Lucie County Single Family Home Sales 2019 Yearly Review

The St Lucie County Single Family Home Sales for 2019 as reported by Florida Realtors indicates that Saint Lucie County had stronger market activity for single family home sales throughout the year of 2019 when compared to 2018.   Year to year closed sales were up by 6.7% (were down by 0.6% in 2018) and new sales under contract (new pending sales) increased by 6.1% (were down by 1.5% in 2018).

St Lucie County Single Family Home Sales 2019 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2019 by 5.9% and 4.0% respectively.   Showing solid gains in value, but not quite as strong as last year.  These numbers were 7.3% and 7.1% respectively in 2018.

The inventory of available homes for sale decreased by 9.3% from 2018 (When there was an 20.8% decrease).  While the monthly supply of homes decreased to 3.5 months from 4.2 months for 2018.  Remaining in a strong seller’s market in Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales

To view the complete 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 market reports:

St Lucie County Single Family Home Sales 2019 Yearly Review

St Lucie County Townhouse and Condo Sales 2018 Yearly Review

03.04.19 by

St Lucie County Townhouse and Condo Sales 2018 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2018 Yearly Review had mixed sales activity when compared to 2017.  Year to year closed sales were up by 1.1% as compared to 2017 which saw an increase of 5.4% and new sales under contract (new pending sales) decreased by 1.7% (2017 saw an increase of 6.0%).

St Lucie County Townhouse and Condo Sales 2018 Yearly Review

Both median and average sales prices increased (year to year) by 4.0% and 6.3% respectively (2017 numbers were 18.9% and 13.0%).  Prices continue to rise though at a slower rate than in the past few years.

Inventory increased by 7.4% as compared to 2017’s increase of 5.7%. While the supply of inventory increased to 5.4 months as compared to 5.1 months for 2017.  Still a seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2018 Yearly Review

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.

St Lucie County Townhouse and Condo Sales 2018 Yearly Review

St Lucie County Single Family Home Sales 2018 Yearly Review

03.03.19 by

St Lucie County Single Family Home Sales 2018 Yearly Review

The St Lucie County Single Family Home Sales 2018 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had weaker market activity for single family homes throughout the year of 2018 when compared to last year.   Year to year closed sales were down by 0.6% (were up by 4.3% in 2017) and new sales under contract (new pending sales) decreased by 1.5% (were up by 0.8% in 2017).

St Lucie County Single Family Home Sales 2018 Yearly Review

Both median and average sales prices were up (2017 to 2018) by 7.3% and 7.1% respectively.   Showing strong gains in value, but not quite as much as in the last few years.  These numbers were 13.9% and 10.6% respectively in 2017.

The inventory of available homes for sale decreased by 20.8% from 2017 (When there was an 8.5% increase).  While the supply of homes increased to 4.2 months from 3.4 months for 2017.  Still in a strong seller’s market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2018 Yearly Review

To view the complete 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.

St Lucie County Single Family Home Sales 2018 Yearly Review

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

03.09.18 by

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2017 Yearly Review had stronger activity when compared to 2016.  Year to year closed sales was up by 5.4% as compared to 2016 which saw a decrease of 6.6% and new sales under contract (new pending sales) increased by 6.0% (2016 saw a decrease of 11.5%).

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices increased significantly (year to year) by 18.9% and 13.0% respectively (2016 numbers were 5.9% and 2.9%).  Prices continue to rise.

Inventory decreased by 5.7% as compared to 2016’s increase of 8.1%. While the supply of inventory decreased to 5.1 months as compared to 5.7 months for 2016.  An even stronger seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2017 Yearly Review

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.

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

St Lucie County Single Family Home Sales 2017 Yearly Review

03.08.18 by

St Lucie County Single Family Home Sales 2017 Yearly Review

The St Lucie County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had improved market activity for single family homes throughout the year of 2017.   Year to year closed sales was up by 4.3% (was down by 1.6% in 2016) and new sales under contract (new pending sales) increased by 0.8% (was down by 3.8% in 2016).

St Lucie County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices were up (2016 to 2017) by 13.9% and 10.6% respectively.   Showing strong gains in value, but not quite as much as in the last two years.  These numbers were 16.1% and 15.9% respectively in 2016.

The inventory of available homes for sale decreased by 8.5% from 2016 (When there was a 6.6% increase).  While the months supply of homes dropped to 3.4 months from 3.9 months for 2016.  Still in a strong sellers market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2017 Yearly Review

To view the complete 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.

St Lucie County Single Family Home Sales 2017 Yearly Review

St Lucie County Townhouse and Condo Sales 2016 Yearly Review

03.10.17 by

St Lucie County Townhouse and Condo Sales 2016 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2016 Yearly Review had weaker activity when compared to 2015.  Year to year closed sales were down by 6.6% as compared to 2015 which saw a decrease of 0.9% and new sales under contract (new pending sales) decreased by 11.5% (2015 saw a decrease of 7.9%).

Saint Lucie County Townhouse and Condo Yearly Review

Interestingly both median and average sales prices were up (year to year) by 5.9% and 2.9% respectively (2015 numbers were 1.8% and 7.0%).  Prices continue to rise.

Inventory increased by 8.1% as compared to 2015’s decrease of 20.5%. While the supply of inventory increased to 5.7 months as compared to 4.9 months for 2015.  Still in a seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2016 Yearly Review

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.

St Lucie County Townhouse and Condo Sales 2016 Yearly Review

St Lucie County Single Family Home Sales 2016 Yearly Review

03.09.17 by

St Lucie County Single Family Home Sales 2016 Yearly Review

The St Lucie County Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had slower market activity for single family homes throughout the year of 2016.   Year to year closed sales were down by 1.6% (was down by3.2% in 2015) and new sales under contract (new pending sales) decreased by 3.8% (was down by 16.9% in 2015).

Saint Lucie County Single Family Yearly Review

However both median and average sales prices were up (2015 to 2016) by 16.1% and 15.9% respectively.   Showing strong gains in value.  These numbers were 16.9% and 17.2% respectively in 2015. These continued strong increases in values is one reason why the rate of sales has fallen for 2016 as homes become more expensive and less affordable.

The inventory of available homes for sale increased by 6.6% from 2015 (When there was a 0.3% increase).  While the months supply of homes increased slightly to 3.9 months from 3.6 months for 2015.  Still in a strong sellers market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2016 Yearly Review

To view the complete 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.

St Lucie County Single Family Home Sales 2016 Yearly Review

Lakes at Savannahs Condo Pending

05.14.15 by

Lakes at Savannahs Condo Pending

Lakes at Savannahs Condo

Gorgeous and spacious Lakes at Savannahs Condo is now [ending with the buyer from the BlueWater realty team’s internet site.

 Lakes at Savannahs Condo

This beautiful fully updated end unit is full of charm! Brand new A/C and hot water heater put in three months ago! Tile floors/wood laminate throughout the home. The kitchen is decorated with a tile back splash, stainless steel appliances and opens up to a naturally lighted living area. The master bedroom has full walk in closets and opens up to a relaxing lake side porch. Enjoy the community amenities which include a heated community pool, a putting green, tennis courts, private dog park, a large club house for entertaining as well as a gym and a private library perfect for studying or relaxing. Don’t miss out on this!

Lakes at Savannahs Condo Lakes at Savannahs Condo

Lakes at Savannahs Condo Lakes at Savannahs Condo

For a personal condo search in either Saint Lucie or Martin County, call the Gabe Sanders BlueWater Realty Team at 772-323-6996 or visit our web site.

Lakes at Savannahs Condo lake

November 2014 Monthly Market Detail St Lucie County Townhouses and Condos

12.30.14 by

November 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed slower momentum.  Closed sales were down by 22.5% (was up by 9.9% in October) while new sales under contract (new pending sales) decreased by 0.9% (was down by 5.2% in October). 

The median sales price was down by a 3.7% (up 44.3% in October) and the average sales price increased by 8.1% (was up by 13.3% in October).  Quite a turnaround from last months values.

The inventory of available townhouses and condos increased by 11 units from last month to 675 units which is still down by 24.5% from last November.  Current supply of inventory increased to 6.5 months from the 6.3 month supply in October and is 25.3% lower than last year.  The St. Lucie County townhouse and condo market is slowly drifting out of a balanced market.  It is good to see a continued increase in inventory for November after many months of decreases.November 2014 Monthly Market Detail St Lucie County Townhouses and Condos

 

 Click here to view or download the full report:
November 2014 Monthly Market Detail St Lucie 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 2014 Monthly Market Detail St Lucie County Townhouses and Condos

November 2014 Monthly Market Detail St Lucie County Single Family Homes

12.29.14 by

November 2014 Monthly Market Detail St Lucie County Single Family Homes

November 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues to produce strong year to year improvements.  Closed sales from last year were up by 12.7% (in October they were up by 21.4%) and new sales under contract (new pending sales) decreased by 19.9% (they were up by 17.7% last month).

Both median and average sales prices were up again (year to year) by 11.9% and 5.2% respectively from last November (For last month these figures were 12.8% and 8.5%).  A bit slower rate of appreciation than for the past two months, but still very strong gains.

The inventory of active listings decreased in November (from last month) by 36 homes to 1,794, which is now under last year’s inventory by 17.4%.  The current supply of inventory is only 3.4 months (a 26.1% decrease from last year).   A strong sellers market for the Saint Lucie County single family home market.  The reduced inventory will eventually slow down the volume of closed sales while at the same time exerting strong pressure on further price gains.

November 2014 Monthly Market Detail St Lucie County Single Family Homes

 

Click here to view or download the full report:  November 2014 Monthly Market Detail St Lucie 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.

November 2014 Monthly Market Detail St Lucie County Single Family Homes

November 2014 Monthly Market Detail Florida Townhouses and Condos

12.26.14 by

November 2014 Monthly Market Detail Florida Townhouses and Condos

The November 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida is showing a little weakness in year to year volume of sales.  Closed sales were down by 5.4% as compared to last months increase of 7.4% and new sales under contract (new pending sales) decreased by 1% (October’s decrease was 3.3%).

Both median and average sales prices were up (year to year) by 7.7% and 6.2% respectively (in October they were up by 7.7% and 10.3%). These increases in value appear to be moderating a bit after some very large rates in the past few months.

Inventory remained unchanged from last year.  The first month in over a year without an increase (was up by 5.3% in October).  The November 2014 is still a healthy balanced market with a 6 months supply of inventory (was 5.9 months in October) which is up 5.8% from last year.  A 6 months inventory supply is considered a balanced market.

November 2014 Monthly Market Detail Florida Townhouses and Condos

 

Click on the link below or the graphic to see the full market detail report from Florida Realtors:  Click here to view or download the full report:  November 2014 Monthly Market Detail Florida 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 2014 Monthly Market Detail Florida Townhouses and Condos