St Lucie County Single Family Homes July 2019 Market Report

09.11.19 by

St Lucie County Single Family Homes July 2019 Market Report

For July 2019 in the St Lucie County Single Family Home Market had improved sales activity when compared to last year. Closed sales were up by 7.7% (in June they were up by 13.6%) and new sales under contract (new pending sales) increased by 11.5% (they were up by 5.4% last month).

Prices were also up for the month.  The median sales price was up by 5.0% (was up by 4.6% in June).  The average sales price was up by 7.2% (it was down by 4.7% in June).

The number of available home listings decreased by 37 homes to 1,790 homes.  This inventory is still 14.0% higher than last year.  The current supply of homes is 3.8 months (it was 3.5 months last year).  The St Lucie County single-family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes July 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes July 2019 Market Report

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 July 2019 Market Report

Martin County Single Family Homes July 2019 Market Report

09.09.19 by

Martin County Single Family Homes July 2019 Market Report

The Martin County Single Family Homes July 2019 Market Report showed weaker closed sales activity when compared to last July.  new pending sales did rise, which may predict a greater number of closed sales in the coming months.  Closed sales were down by 9.2% (were down by 7.1% in June).  While new pending sales increased by 7.5% as compared to July 2018 (they decreased by 2.4% in June).

Prices, though, were up for July.  The median sales price was up by 3.2% from last year (up by 4.9% in June) while the average sales price increased by 8.1% (was down by 3.9% last month).

The inventory of available single-family homes decreased from last month by 39 homes to 962 units for July,  this is a 4.9% greater inventory than last July.  The current supply of homes is 4.9 months.  For July of last year, it was a 4.6 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 one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes July 2019 Market Report

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 July 2019 Market Report

Florida Single Family Homes July 2019 Market Report

09.05.19 by

Florida Single Family Homes July 2019 Market Report

The Florida Single Family Homes Market Report for July 2019 showed improved activity from the same period last year.  The closed sales numbers were up by 10.4% (were down by 1.9% in June) and new sales under contract (new pending sales) were up by 7.4% (were up by 4.9% in June).

Prices were also up for July.  The median sales price rose by 5.1% (it was up by 3.8% in June) and the average sales price was up by 6.3% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 0.2% from last year.  This is a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July 2018 also had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes July 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes July 2019 Market Report

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 2019 Florida Single Family Homes Market Report

St Lucie County Single Family Homes June 2019 Market Report

08.07.19 by

St Lucie County Single Family Homes June 2019 Market Report

For June 2019 in the St Lucie County Single Family Home Market sales activity when compared to last year. Closed sales were up by 13.6% (in May they were up by 1.8%) and new sales under contract (new pending sales) increased by 5.4% (they were up by 5.7% last month).

Prices were also up for the month.  The median sales price was up by 4.6% (was up by 4.9% in May).  The average sales price was up by 4.7% (it was down by 0.7% in May).

The number of available home listings decreased by 115 homes to 1,827 homes.  This inventory is still 20.7% higher than last year.  The current supply of homes is 4.0 months (it was 3.3 months last year).  The St Lucie County single-family home market remains 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 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes June 2019 Market Report

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 2019 Market Report

Martin County Single Family Homes June 2019 Market Report

08.05.19 by

Martin County Single Family Homes June 2019 Market Report

The Martin County Single Family Homes June 2019 Market Report showed weaker sales activity when compared to last June.  Closed sales were down by 7.1% (were up by 1.1% in May).  While new pending sales decreased by 2.4% as compared to June 2018 (they increased by 1.8% in May).

Prices were mixed for June.  The median sales price was up by 4.9% from last year (up by 3.8% in May) while the average sales price decreased by 3.9% (was down by 0.2% last month).

The inventory of available single-family homes decreased from last month by 70 homes to 1001 units for June,  this is an 11.6% greater inventory than last June.  The current supply of homes is 5.1 months.  For June of last year, it was a 4.5 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 one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes June 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes June 2019 Market Report

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 2019 Market Report

Florida Single Family Homes June 2019 Market Report

08.01.19 by

Florida Single Family Homes June 2019 Market Report

The Florida Single Family Homes Market Report for May 2019 had a slightly lower closed sales volume than last year but pending sales improved which could mean better closed volume for the near future.  The closed sales numbers were down by 1.9% (were up by 9.6% in May) and new sales under contract (new pending sales) were up by 4.9% (were up by 5.0% in May).

Prices were mixed for June.  The median sales price rose by 3.8% (it was up by 4.3% in May) and the average sales price was down by 0.3% (it was up by 2.6% last month).

The inventory of available homes for sale increased by 2.0% from last year.  This is a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June 2018 also had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes June 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2019 Market Report

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 2019 Florida Single Family Homes Market Report

St Lucie County Single Family Homes May 2019 Market Report

07.11.19 by

St Lucie County Single Family Homes May 2019 Market Report

St Lucie County Single Family Homes May 2019 Market Report had improved sales activity when compared to last year. Closed sales were up by 1.8% (in April they were up by 2.1%) and new sales under contract (new pending sales) increased by 5.7% (they were up by 10.5% last month).

Prices were also up for the month.  The median sales price was up by 4.9% (was up by 5.1% in April).  The average sales price was up by 0.7% (it was down by 3.9% in April).

The number of available home listings decreased by 25 homes to 1,942 homes.  This inventory is still 22.1% higher than last year.  The current supply of homes is 4.3 months (it was 3.5 months last year).  The St Lucie County single family home market remains in a quite strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes May 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes May 2019 Market Report

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 2019 Market Report

Martin County Single Family Homes May 2019 Market Report

07.09.19 by

Martin County Single Family Homes May 2019 Market Report

The Martin County Single Family Homes May 2019 Market Report showed improved sales activity when compared to last May but not quite as robust as last month.  Closed sales were up by 1.1% (were up by 13.7% in April).  While new pending sales increased by 1.8% as compared to May 2018 (they increased by 3.0% in April).

Prices were mixed for May.  The median sales price was up by 3.8% from last year (down by 1.4% in April) while the average sales price decreased by 0.2% (was down by 14.5% last month).

The inventory of available single-family homes decreased from last month by 33 homes to 1071 units for May,  this is a 12.3% greater inventory than last May.  The current supply of homes is 5.4 months.  For May of last year, it was a 4.7 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 one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes May 2019 Market Report

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 2019 Market Report

Florida Single Family Homes May 2019 Market Report

07.05.19 by

Florida Single Family Homes May 2019 Market Report

The Florida Single Family Homes Market Report for April 2019 showed continued improvement for sales volume when compared to last year.  The closed sales numbers were up by 9.6% (were up by 6.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were up by 4.4% in April).

Prices were also up for May.  The median sales price rose by 4.3% (it was up by 2.6% in April) and the average sales price rose by 2.6% (it was down by 0.2% last month).

The inventory of available homes for sale increased by 4.0% from last year.  This is a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (May 2018 also had a 4.0 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes May 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes May 2019 Market Report

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 2019 Florida Single Family Homes Market Report

St Lucie County Single Family Homes April 2019 Market Report

06.13.19 by

St Lucie County Single Family Homes April 2019 Market Report

St Lucie County Single Family Homes April 2019 Market Report had improved sales activity when compared to last year and last month. Closed sales were up by 2.1% (in March they were up by 1.6%) and new sales under contract (new pending sales) increased by 10.5% (they were down by 9.7% last month).

Prices were also up for the month.  The median sales price was up by 5.1% (was up by 4.3% in March).  The average sales price was up by 3.9% (it was down by 1.4% in March).

The number of available home listings decreased by 37 homes to 1,967 homes.  This inventory is still 21.0% higher than last year.  The current supply of homes is 4.3 months (it was 3.5 months last year).  The St Lucie County single family home market remains in a quite strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes April 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes April 2019 Market Report

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 April 2019 Market Report

Martin County Single Family Homes April 2019 Market Report

06.11.19 by

Martin County Single Family Homes April 2019 Market Report

The Martin County Single Family Homes April 2019 Market Report had quite a strong April after a few weaker months to start the year.  Closed sales were up by 13.7% (were down by 13.4% in March).  While new pending sales increased by 3.0% as compared to April 2018 (Decreased by 2.3% in March).

Prices were lower for April.  The median sales price was down by 1.4% from last year (up by 0.9% in March) while the average sales price decreased by 14.5% (was up by 0.4% last month).

The inventory of available single-family homes decreased from last month by 2 homes to 1104 units for April,  this is 5.6% less inventory than last April.  The current supply of homes is 5.6 months.  For April of last year, it was a 4.9 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes April 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes April 2019 Market Report

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 April 2019 Market Report

Florida Single Family Homes April 2019 Market Report

06.07.19 by

Florida Single Family Homes April 2019 Market Report

The Florida Single Family Homes Market Report for March 2019 showed continued improvement for sales volume when compared to last year.  The closed sales were up by 6.2% (were unchanged in March) and new sales under contract (new pending sales) were up by 4.4% (were up by 2.6% in March).

Prices were mixed for April.  The median sales price rose by 2.6% (it was up by 2.0% in March) and the average sales prices dropped by 0.2% (it was down by 1.4% last month).

The inventory of available homes for sale increased by 6.6% from last year.  This is a 4.1 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (April 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes April 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes April 2019 Market Report

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 2019 Florida Single Family Homes Market Report

St Lucie County Single Family Homes March 2019 Market Report

05.09.19 by

St Lucie County Single Family Homes March 2019 Market Report

St Lucie County Single Family Homes March 2019 Market Report had mixed sales activity when compared to last year. Closed sales were up by 1.6% (in February they were down by 7.8%) and new sales under contract (new pending sales) decreased by 9.7% (they were down by 4.6% last month).

Prices were also mixed for the month.  The median sales price was up by 4.3% (was up by 9.6% in February).  The average sales price was down by 1.4% (it was up by 6.4% in February).

The number of available home listings decreased by 67 homes to 2,104 homes.  This inventory is 27.6% higher than last year.  The current supply of homes is 4.6 months (it was 3.6 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes March 2019 Market Report

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 March 2019 Market Report

Martin County Single Family Homes March 2019 Market Report

05.07.19 by

Martin County Single Family Homes March 2019 Market Report

The Martin County Single Family Homes March 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 13.4% (were down by 0.6% in February).  While new pending sales decreased by 2.3% as compared to March 2018 (Decreased by 6.0% in February).

Prices were mixed for March.  The median sales price was up by 0.9% from last year (down by 7.9% in February) while the average sales price decreased by 0.4% (was up by 2.0% last month).

The inventory of available single-family homes decreased from last month by 72 homes to 1106 units for March,  this is 6.1% greater than last March.  The current supply of homes is 5.7 months, for March of last year, it was 5.1 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes March 2019 Market Report

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 March 2019 Market Report

Florida Single Family Homes March 2019 Market Report

05.02.19 by

Florida Single Family Homes March 2019 Market Report

The Florida Single Family Homes Market Report for February 2019 showed little change in sales volume when compared to last year.  The closed sales were unchanged (were up by 1.9% in February) and new sales under contract (new pending sales) were up by 2.6% (were unchanged in February).

Prices were mixed for March.  The median sales price rose by 2.0% (it was up by 1.3% in February) and the average sales prices dropped by 1.4% (it was down by 0.4% last month).

The inventory of available homes for sale increased by 9.6% from last year.  This is a 4.2 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (March 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes March 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes March 2019 Market Report

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 2019 Florida Single Family Homes Market Report

St Lucie County Single Family Homes February 2019 Market Report

04.10.19 by

St Lucie County Single Family Homes February 2019 Market Report

St Lucie County Single Family Homes February 2019 Market Report had weaker sales activity when compared to last year. Closed sales were down by 7.8% (in January they were down by 11.8%) and new sales under contract (new pending sales) decreased by 4.6% (they were also down by 4.6% last month).

Prices. though, continued to rise, though at a more sustainable pace.  The median sales price was up by 9.6% (was up by 5.4% in January).  The average sales price was up by 6.4% (it was up by 5.0% in January).

The number of available home listings decreased by 3 homes to 2,171 homes.  This inventory is 22.8% higher than last year.  The current supply of homes is 4.8 months (it was 3.8 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes February 2019 Market Report

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 February 2019 Market Report

Martin County Single Family Homes February 2019 Market Report

04.08.19 by

Martin County Single Family Homes February 2019 Market Report

The Martin County Single Family Homes February 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 0.6% (were down by 18.4% in January).  While new pending sales decreased by 6.0% as compared to February 2018 (Increased by 7.3% in January).

Prices were mixed for February.  The median sales price was down by 7.9% from last year (up by 10.8% in January) while the average sales price increased by 2.0% (was up by 49.3% last month).

The inventory of available single-family homes increased from last month by 48 homes to 1178 units for February,  this is 13.4% greater than last February.  The current supply of homes is 5.9 months, for February of last year, it was 5.1 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes February 2019 Market Report

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 February 2019 Market Report

Florida Single Family Homes February 2019 Market Report

04.04.19 by

Florida Single Family Homes February 2019 Market Report

The Florida Single Family Homes Market Report for January 2019 produced slightly stronger sales activity when compared to last year.  The closed sales were up by 1.9% (were down by 6.2% in January) and new sales under contract (new pending sales) were unchanged  (were down by 2.4% in January).

Prices were mixed for February.  The median sales price rose by 1.3% (it was up by 4.1% in January) and the average sales prices dropped by 0.4% (it was up by 4.1% last month).

The inventory of available homes for sale increased by 11.8% from last year.  This is a 4.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

February 2019 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes February 2019 Market Report

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.

February 2019 Florida Single Family Homes Market Report

St Lucie County Single Family Homes January 2019 Market Report

03.15.19 by

St Lucie County Single Family Homes January 2019 Market Report

St Lucie County Single Family Homes January 2019 Market Report had weaker sales activity when compared to last year. Closed sales were down by 11.8% (in December they were down by 17.2%) and new sales under contract (new pending sales) decreased by 4.6% (they were down by 7.2% last month).

Prices. though, continued to rise, though at a more sustainable pace.  The median sales price was up by 5.4% (was up by 5.5% in December).  The average sales price was up by 5.0% (it was down by 6.6% in December).

The number of available home listings increased by 259 homes to 2,174 homes.  This inventory is 24.4% higher than last year.  The current supply of homes is 4.8 months (it was 3.8 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes January 2019 Market Report

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 January 2019 Market Report

Martin County Single Family Homes January 2019 Market Report

03.13.19 by

Martin County Single Family Homes January 2019 Market Report

The Martin County Single Family Homes January 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 18.4% (were down by 9.4% in December).  While new pending sales increased by 7.3% as compared to January 2018 (Decreased by 21.8% in December).

However, prices continued their upward march for January.  The median sales price was up by 10.8% from last year (up by 13.8% in December) while the average sales price also increased by 49.3% (was up by 13.8% last month).

The inventory of available single-family homes increased from last month by 154 homes to 1130 units for January,  this is 9.4% greater than last January.  The current supply of homes is 5.7 months, for January of last year, it was 5.0 months supply.  We’re still in a seller’s market for Martin County single-family home sales, though very close to a balanced market.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes January 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes January 2019 Market Report

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 January 2019 Market Report