Martin County Single Family Homes August 2018 Market Report

10.05.18 by

Martin County Single Family Homes August 2018 Market Report

The Martin County Single Family Homes August 2018 Market Report had another month of weaker sales when compared to August 2017.  The only positive note was an increase in new pending sales.  (But this is still a very active market.)  Closed sales were down by 15.8% (was down by 1.4% in July).  While new pending sales increased by 8.2% as compared to August 2017 (Decreased by 13.0% in July).

Prices were mixed for August.  The median sales price was down by 1.4% from last year (up by 4.2% in July) while the average sales price increased by 2.2% (was down by 4.5% last month).

The inventory of available single-family homes decreased from last month by 17 homes to 900 units for August,  this is 12.0% less than last August.  The current supply of homes is 4.5 months, for August 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.  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 August 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes August 2018 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 August 2018 Market Report

Florida Single Family Homes August 2018 Market Report

10.03.18 by

Florida Single Family Homes August 2018 Market Report

The Florida Single Family Homes August 2018 Market Report showed mixed activity when compared to last year but still remains very active. Closed sales were up by 4.2% (were up by 3.8% in July) and new sales under contract (new pending sales) were down by 2.6% (were down by 0.3% in July).

Prices are also continuing to rise, though at a slower pace for August.  The median and average sales prices up by 6.0% and 4.0% respectively, compared to July’s 6.3% and 5.7%.

The inventory of available homes for sale increased by 4.5% from last year.  This is now a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August of 2017 also had a 3.8 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 August 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes August 2018 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.

Florida Single Family Homes August 2018 Market Report

St Lucie County Single Family Homes July 2018 Market Report

09.12.18 by

St Lucie County Single Family Homes July 2018 Market Report

St Lucie County Single Family Homes July 2018 Market Report had mixed sales activity when compared to last year, but remains a very strong real estate market.  Closed sales were down by 3.9% (in June they were down by 9.3%) and new sales under contract (new pending sales) increased by 2.5% (they were up by 0.4% last month).

Prices, however, continued to rise.  The median and average sales prices up by 5.1% and 4.1% respectively from last July (For June these numbers were up 12.4% and 8.7%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 64 homes down to 1,570 homes.  This inventory is 2.7% lower than last year.  The current supply of homes is  3.5 months (was 3.3 months for June) and also 3.5 months for 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 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes July 2018 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 2018 Market Report

Martin County Single Family Homes July 2018 Market Report

09.10.18 by

Martin County Single Family Homes July 2018 Market Report

The Martin County Single Family Homes July 2018 Market Report had another month of weaker sales when compared to July 2017.  Closed sales were down by 1.4% (was down by 7.3% in June).  While new pending sales decreased by 13.0% as compared to July 2017 (Decreased by 19.6% in June).

Prices were mixed for July.  The median sales price was up by 4.2% from last year (up by 3.4% in June) while the average sales price decreased by 4.5% (was up by 11.8% last month).

The inventory of available single-family homes decreased from last month by 21 homes to 917 units for July,  this is 14.1% less than last July.  The current supply of homes is 4.6 months, for July of last year, it was a 5.3 months supply.  We’re still 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 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes July 2018 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 2018 Market Report

Florida Single Family Homes July 2018 Market Report

09.06.18 by

Florida Single Family Homes July 2018 Market Report

The Florida Single Family Homes July 2018 Market Report showed stronger activity when compared to last year and remains very active. Closed sales were up by 3.8% (were down by 1.3% in June) and new sales under contract (new pending sales) were down by 0.3% (were down by 3.3% in June).

Prices are also continuing to rise.  The median and average sales prices up by 6.3% and 5.7% respectively, compared to June’s 6.1% and 7.7%.

The inventory of available homes for sale remained unchanged from last year.  For July there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July of 2017 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 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes July 2018 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.

Florida Single Family Homes July 2018 Market Report

St Lucie County Single Family Homes June 2018 Market Report

08.07.18 by

St Lucie County Single Family Homes June 2018 Market Report

St Lucie County Single Family Homes June 2018 Market Report had mostly weaker sales activity when compared to last year, but remains a very strong real estate market.  Closed sales were down by 9.3% (in May they were up by 1.0%) and new sales under contract (new pending sales) increased by 0.4% (they were down by 0.8% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 12.4% and 8.7% respectively from last June (For May these numbers were up 8.8% and 7.8%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 77 homes down to 1,514 homes.  This inventory is 4.4% lower than last year.  The current supply of homes is  3.3 months (was 3.5 months for May) and also 3.5 months for 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 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes June 2018 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 2018 Market Report

Martin County Single Family Homes June 2018 Market Report

08.03.18 by

Martin County Single Family Homes June 2018 Market Report

The Martin County Single Family Homes June 2018 Market Report had a second month of weaker sales when compared to June 2017.  Closed sales were down by 7.3% (was down by 4.0% in May).  While new pending sales decreased by 19.6% as compared to June 2017 (Decreased by 17.6% in May).

Prices, however, were up for June.  The median sales price was up by 3.4% from last year (up by 1.7% in May) while the average sales price increased by 11.8% (was down by 10.1% last month).

The inventory of available single-family homes decreased from last month by 57 homes to 896 units for June,  this is 12.8% less than last June.  The current supply of homes is 4.4 months, for June of last year, it was a 5.1 months supply.  We’re still 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 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes June 2018 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 2018 Market Report

Florida Single Family Homes June 2018 Market Report

07.31.18 by

Florida Single Family Homes June 2018 Market Report

The Florida Single Family Homes June 2018 Market Report showed weaker activity when compared to last year but remains very active. Closed sales were down by 1.3% (were up by 0.8% in May) and new sales under contract (new pending sales) were down by 3.3% (were down by 0.1% in May).

Prices are still going up though.  The median and average sales prices up by 6.1% and 7.7% respectively, compared to May’s 6.7% and 6.5%.

The inventory of available homes for sale fell by 1.1% from last year.  For June there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June of 2017 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 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2018 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.

Florida Single Family Homes June 2018 Market Report

St Lucie County Single Family Homes May 2018 Market Report

07.10.18 by

St Lucie County Single Family Homes May 2018 Market Report

St Lucie County Single Family Homes May 2018 Market Report had mixed results for sales when compared to last year but remains a very strong real estate market. Closed sales were up by 1.0% (in April they were up by 1.2%) and new sales under contract (new pending sales) decreased by 0.8% (they were down by 1.0% last month).

Prices continued their upward trend for the month.  The median and average sales prices up by 8.8% and 7.8% respectively from last May (For April these numbers were up 9.4% and 7.1%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 34 homes down to 1,591 homes.  This inventory is 0.1% lower than last year.  The current supply of homes is  3.5 months (was 3.5 months for April) and also 3.5 months for 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 May 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes May 2018 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 2018 Market Report

Martin County Single Family Homes May 2018 Market Report

07.06.18 by

Martin County Single Family Homes May 2018 Market Report

The Martin County Single Family Homes May 2018 Market Report had weaker sales results compared to May 2017.  Closed sales were down by 4.0% (was down by 1.9% in April).  While new pending sales decreased by 17.6% as compared to May 2017 (Increased by 2.3% in April).

Prices were mixed for May. The median sales price was up by 1.7% from last year (up by 12.5% in April) while the average sales price decreased by 10.1% (was up by 34.9% last month).

The inventory of available single-family homes decreased from last month by 37 homes to 954 units for May,  this is 8.1% less than last May.  The current supply of homes is 4.7 months, for May of last year, it was a 5.2 months supply.  We’re still 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 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes May 2018 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 2018 Market Report

Florida Single Family Homes May 2018 Market Report

07.03.18 by

Florida Single Family Homes May 2018 Market Report

The Florida Single Family Homes May 2018 Market Report showed good activity when compared to last year and remains a very active market though at a bit of a reduced rate. Closed sales were up by 0.8% (were up by 4.1% in April) and new sales under contract (new pending sales) were down by 0.1% (were down by 0.2% in April).

Prices continue with their upward April for May.  The median and average sales prices up by 6.7% and 6.5% respectively, compared to April’s 8.1% and 10.4%.

The inventory of available homes for sale fell by 0.7% from last year.  For May there was a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (May of 2017 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 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes May 2018 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.

Florida Single Family Homes May 2018 Market Report

St Lucie County Single Family Homes April 2018 Market Report

06.12.18 by

St Lucie County Single Family Homes April 2018 Market Report

St Lucie County Single Family Homes April 2018 Market Report had mixed results for sales when compared to last year but remains a very active real estate market. Closed sales were up by 1.2% (in March they were down by 11.1%) and new sales under contract (new pending sales) decreased by 1.0% (they were up by 2.2% last month).

Prices, though, continued their upward trend for the month.  The median and average sales prices up by 9.4% and 7.1% respectively from last April (For March these numbers were up 6.4% and 13.5%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 22 homes down to 1,625 homes.  This inventory is 1.5% lower than last year.  The current supply of homes is  3.5 months (was 3.6 months for March) compared to 3.7 months for 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 April 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes April 2018 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 2018 Market Report

Martin County Single Family Homes April 2018 Market Report

06.08.18 by

Martin County Single Family Homes April 2018 Market Report

The Martin County Single Family Homes April 2018 Market Report showed mixed sales reports as compared to last April.  Closed sales were down by 1.9% (was up by 0.4% in March).  While new pending sales increased by 2.3% as compared to April 2017 (Decreased by 7.4% in March).

Prices, however, continue to go up and pretty dramatically for April. The median sales price up by 12.5% from last year (up by 3.8% in March) while the average price increased by 34.9% (was up by 4.5% last month).

The inventory of available single-family homes increased from last month by 50 homes to 991 units for April,  this is 5.2% less than last April.  The current supply of homes is 4.9 months, for April of last year, it was a 5.2 months supply.  We’re still 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 April 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes April 2018 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 2018 Market Report

Florida Single Family Homes April 2018 Market Report

06.06.18 by

Florida Single Family Homes April 2018 Market Report

The Florida Single Family Homes April 2018 Market Report showed mostly stronger activity when compared to last year and remains a very active market. Closed sales were up by 4.1% (were down by 3.5% in March) and new sales under contract (new pending sales) were down by 0.2% (were down by 2.2% in March).

Prices continue with their upward march for April.  The median and average sales prices up by 8.1% and 10.4% respectively, compared to March’s 8.2% and 8.7%.

The inventory of available homes for sale fell by 3.4% from last year.  For April there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (April of 2017 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 April 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes April 2018 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.

Florida Single Family Homes April 2018 Market Report

St Lucie County Single Family Homes March 2018 Market Report

05.08.18 by

St Lucie County Single Family Homes March 2018 Market Report

St Lucie County Single Family Homes March 2018 Market Report had a decrease in closed sales when compared to last year but remains a very active real estate market. Closed sales were down by 11.1% (in February they were up by 9.7%) and new sales under contract (new pending sales) increased by 2.2% (they were down by 7.8% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 6.4% and 13.5% respectively from last March (For February these numbers were up 6.9% and 7.4%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 119 homes down to 1,647 homes.  This inventory is 5.3% lower than last year.  The current supply of homes is  3.6 months (was 3.8 months for February) compared to 3.9 months for 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 March 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes March 2018 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 2018 Market Report

Martin County Single Family Homes March 2018 Market Report

05.04.18 by

Martin County Single Family Homes March 2018 Market Report

The Martin County Single Family Homes March 2018 Market Report showed mixed sales reports as compared to last March.  Closed sales were up by 0.4% (was down by 8.6% in February).  While new pending sales decreased by 7.4% as compared to March 2017 (Decreased by 11.1% in February).

Prices, however, continue to go up though at a more moderate rate. The median sales price up by 3.8% from last year (up by 5.7% in February) while the average price increased by 4.5% (was up by 8.5% last month).

The inventory of available single-family homes increased from last month by 5 homes to 1041 units for March,  this is 4.8% less than last March.  The current supply of homes is 5.1 months, for March of last year, it was a 5.5 months supply.  We’re still 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 March 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes March 2018 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 2018 Market Report

Florida Single Family Homes March 2018 Market Report

04.30.18 by

Florida Single Family Homes March 2018 Market Report

The Florida Single Family Homes March 2018 Market Report showed somewhat weaker activity when compared to last year, but still remains a very active market. Closed sales were down by 3.5% (were up by 3.3% in February) and new sales under contract (new pending sales) were down by 2.2% (were down by 1.0% in February).

Prices though, continue with their upward march.  The median and average sales prices up by 8.2% and 8.7% respectively, compared to February’s 9.6% and 7.4%.

The inventory of available homes for sale fell by 7.5% from last year.  For March there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (March of 2017 had a 4.1 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 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes March 2018 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.

Florida Single Family Homes March 2018 Market Report

St Lucie County Single Family Homes February 2018 Market Report

04.06.18 by

St Lucie County Single Family Homes February 2018 Market Report

St Lucie County Single Family Homes February 2018 Market Report rebounded for February with stronger closed though still weaker pending sales when compared to last year. Closed sales were up by 9.7% (in January they were down by 3.0%) and new sales under contract (new pending sales) decreased by 7.8% (they were down by 2.4% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 6.9% and 7.4% respectively from last February (For January these numbers were up 11.9% and 8.6%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 18 homes down to 1,766 homes.  This inventory is 2.6% lower than last year.  The current supply of homes is  3.8 months (was also 3.8 months for January) compared to 4.1 months for 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 February 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes February 2018 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 2018 Market Report

Martin County Single Family Homes February 2018 Market Report

04.04.18 by

Martin County Single Family Homes February 2018 Market Report

The Martin County Single Family Homes February 2018 Market Report had weaker closed sales for the month but an increase in pending sales as compared to last February.  Closed sales were down by 8.6% (was up by 11.0% in January).  While new pending sales decreased by 11.1% as compared to February 2017 (Decreased by 22.0% in January).

Prices were mixed with the median sales price up by 5.7% from last year (down by 2.4% in January) while the average price decreased by 8.5% (was up by 1.2% last month).

The inventory of available single-family homes increased from last month by 3 homes to 1036 units for January,  this is  9.2% less than last February.  The current supply of homes is 5.1 months, for February of last year, it was a 5.8 months supply.  We’re still 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 February 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes February 2018 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 2018 Market Report

Florida Single Family Homes February 2018 Market Report

04.02.18 by

Florida Single Family Homes February 2018 Market Report

The Florida Single Family Homes February 2018 Market Report showed a modest improvement in closed sales but weaker pending activity as compared to last year. Closed sales were up by 3.3% (were down by1.3% in January) and new sales under contract (new pending sales) were down by 1.0% (were up by 0.1% in January).

Prices though, continue with their upward march.  The median and average sales prices up by 9.6% and 7.4% respectively, compared to January’s 9.1% and 12.3%.

The inventory of available homes for sale fell by 4.6% from last year.  For February there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February of 2017 had a 4.2 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 February 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes February 2018 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.

Florida Single Family Homes February 2018 Market Report