St Lucie County Single Family Homes June 2020 Market Report

St Lucie County Single Family Homes June 2020 Market Report

The February 2020, the St Lucie County Single Family Home market seems to have recoverred from the effects of the current pandemic. Closed and pending sales were both up when compared to last year. Closed sales were up by 6.1% for the month (in May they were down by 35.0%). New sales under contract (new pending sales) increased by 39.9% (they were up by 11.5% last month).

Prices were also up for the month.  The median sales price was up by 4.2% (was up by 1.1% in May).  The average sales price was up by 3.3% (it was down by 0.1% in May).

The number of available home listings decreased by 281 homes to 1,270 homes.  This inventory is 29.4% less than last year.  The current supply of homes is 2.7 months (it was 4.0 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes June 2020 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 Single Family Homes June 2020 Market Report

Martin County Single Family Homes June 2020 Market Report

Martin County Single Family Homes June 2020 Market Report

The Martin County Single Family Homes Market Report seems to have shaken the negative effects of the current Covid-19 pandemic. Closed sales were up by 3.0% from last month (were down by 50.0% in May).  While new pending sales increased by 57.5% as compared to last month when they increased by 21.8%.

Prices were also up for June.  The median sales price was up from last year by 6.5% (it was down by 3.9% in May) while the average sales price increased by a whopping 45.5% (it was up by 9.4% last month).

The inventory of available single-family homes decreased from last month by 190 homes to 712 homes for June. This is 37.0% less inventory than last June.  The current supply of homes is 3.8 months.  For June of last year, it was a 5.1 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes June 2020 Market Report

Click here to view the previous Martin County single-family homes market reports

Recent Market Report Posts:

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.

Martin County Single Family Homes June 2020 Market Report

Florida Single Family Homes June 2020 Market Report

Florida Single Family Homes June 2020 Market Report

The Florida Single Family Home markets eems to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 1.3% (were down by 36.2% in April). New sales under contract (new pending sales) were up by 23.2% (were up by 2.3% in May).

Prices were were also up for June.  The median sales price rose by 4.4% (it was up by 1.5% in May). The average sales price was up by 8.8% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 27.2% from last year.  This represents a 2.8 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (June 2019 had a 3.9 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes June 2020 Market Report
Recent Florida Market Report Posts:

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.

Florida Single Family Homes June 2020 Market Report

St Lucie County Single Family Homes May 2020 Market Report

St Lucie County Single Family Homes May 2020 Market Report

The February 2020, the St Lucie County Single Family Home market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year. Though, the bright note is that new pending sales rose for the month. Closed sales were down by 35.0% for the month (in April they were down by 11.3%). New sales under contract (new pending sales) increased by 11.5% (they were down by 34.7% last month).

Prices were mixed for the month.  The median sales price was up by 1.1% (was up by 6.3% in March).  The average sales price was down by 0.1% (it was up by 2.4% in March).

The number of available home listings decreased by 204 homes to 1,571 homes.  This inventory is 19.1% less than last year.  The current supply of homes is 3.3 months (it was 4.3 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes May 2020 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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 Single Family Homes May 2020 Market Report

Martin County Single Family Homes May 2020 Market Report

Martin County Single Family Homes May 2020 Market Report

The Martin County Single Family Homes Market Report is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year. Though there is a glimmer of hope as new pending sales rose. Closed sales were down by 50.0% from last month (were down by 25.3% in March).  While new pending sales increased by 21.8% as compared to last month when they decreased by 49.8%.

Prices were mixed for April.  The median sales price was down from last year by 3.9% (it was down by 3.6% in April) while the average sales price increased by 9.4% (it was down by 3.7% last month).

The inventory of available single-family homes decreased from last month by 63 homes to 902 homes for May. This is 15.8% less inventory than last May.  The current supply of homes is 4.8 months.  For April of last year, it was a 5.4 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2020 Market Report

Click here to view the previous Martin County single-family homes market reports

Recent Market Report Posts:

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.

Martin County Single Family Homes May 2020 Market Report