St Lucie County Single Family Homes November 2017 Market Report

01.04.18 by

St Lucie County Single Family Homes November 2017 Market Report

St Lucie County Single Family Homes November 2017 Market Report showed good activity as compared to last year. Closed sales were up by 14.6% (in October they were up by 16.7%) and new sales under contract (new pending sales) increased by 1.1% (they were up by 25.9% last month).

Prices continued to rise.  The median and average sales prices up by 14.2% and 10.8% respectively from last November (For October these numbers were up 17.0% and 10.4%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings increased by 58 homes down to 1,623 homes.  This inventory is 9.2% lower than last year.  The current supply of homes is 3.5 months (was 3.4 months for October) 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 November 2017 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes November 2017 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 November 2017 Market Report

Martin County Single Family Homes November 2017 Market Report

01.02.18 by

Martin County Single Family Homes November 2017 Market Report

The Martin County Single Family Homes November 2017 Market Report showed better activity after two months of weaker results.  The weaker activity may have been hurricane related.  Closed sales were up by 11.9% (was down by 5.1% in October).  While new pending sales decreased by 4.7% as compared to November of 2016 (Decreased by 11.7% in October).

Prices were mixed with the median sales price up by 13.1% from last year (up by 10.2% in October) while the average price decreased by 4.3% (was up by 21.8% last month).

The inventory of available single family homes decreased from last month by 13 homes to 986 units for November,  this is  4.1% less than last November.  The current supply of homes is 4.8 months, for November of last year it was also 5.2 months supply.  Still 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 November 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes November 2017 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 November 2017 Market Report

Florida Single Family Homes November 2017 Market Report

12.28.17 by

Florida Single Family Homes November 2017 Market Report

The Florida Single Family Homes November 2017 Market Report showed stronger activity as compared to last year.  Closed sales were up by 1.3% (were up by 2.0% in October) and new sales under contract (new pending sales) were up by 5.5% (were up by 10.1% in October).

Both the median and average sales prices continued to rise when compared to last year.  Up by 9.1% and 8.3% respectively, compared to October’s 7.1% and 6.8%.

The inventory of available homes for sale fell by 6.8% from last year.  For November there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (November of 2016 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 is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes November 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes November 2017 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 November 2017 Market Report

St Lucie County Single Family Homes October 2017 Market Report

12.07.17 by

St Lucie County Single Family Homes October 2017 Market Report

St Lucie County Single Family Homes October 2017 Market Report showed stronger activity as compared to last year. Closed sales were up by 16.7% (in September they were down by 13.6%) and new sales under contract (new pending sales) increased by 25.9% (they were down by 30.2% last month).

Prices continued to rise.  The median and average sales prices up by 17.0% and 10.4% respectively from last October (For September these numbers were up 11.4% and 12.5%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings increased by 3 homes down to 1,565 homes.  This inventory is 6.4% lower than last year.  The current supply of homes is 3.4 months (was 3.5 months for September) compared to 3.8 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.

October 2017 St Lucie County Single Family Homes Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes October 2017 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 October 2017 Market Report

Martin County Single Family Homes October 2017 Market Report

12.05.17 by

Martin County Single Family Homes October 2017 Market Report

The Martin County Single Family Homes October 2017 Market Report showed a second month of weaker activity from last year. This decrease may be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 5.1% (was down by 20.3% in September).  While new pending sales decreased by 11.7% as compared to October of 2016 (Decreased by 40.5% in September).

Prices continued to rise with the median sales price up by 10.2% from last year (up by 12.1% in September) while the average price increased by 21.8% (was up by 3.6% last month).

The inventory of available single family homes increased from last month by 11 homes to 979 units for October,  this is  1.1% less than last October.  The current supply of homes is 4.8 months, for October of last year it was also 5.0 months supply.  Still 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.

October 2017 Martin County Single Family Homes Market Report

Click here to view or download the full report:
Martin County Single Family Homes October 2017 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 October 2017 Market Report

Florida Single Family Homes October 2017 Market Report

12.01.17 by

Florida Single Family Homes October 2017 Market Report

The Florida Single Family Homes October 2017 Market Report showed stronger activity as compared to last year.  Closed sales were up by 2.0% (were down by 20.4% in September) and new sales under contract (new pending sales) were up by 10.1% (were down by 30.2% in September).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.1% and 6.8% respectively, compared to September’s 7.6% and 5.9%.

The inventory of available homes for sale fell by 5.7% from last year.  For October there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October of 2016 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 is once again decreasing which continues to put pressure on rising prices and sales.

October 2017 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes October 2017 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 October 2017 Market Report

St Lucie County Single Family Homes September 2017 Market Report

11.02.17 by

St Lucie County Single Family Homes September 2017 Market Report

St Lucie County Single Family Homes Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September. Closed sales were down by 13.6% (in August they were down by 6.2%) and new sales under contract (new pending sales) decreased by 30.2% (they were up by 13.4% last month).

Prices continued to rise.  The median and average sales prices up by 11.4% and 12.5% respectively from last September (For August these numbers were up 10.8% and 8.6%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings decreased by 27 homes down to 1,565 homes.  This inventory is 5.8% lower than last year.  The current supply of homes is 3.5 months (was also 3.5 months for August) compared to 3.7 months for last year.  This is unchanged from 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 September 2017 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes September 2017 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 September 2017 Market Report

Martin County Single Family Homes September 2017 Market Report

10.31.17 by

Martin County Single Family Homes September 2017 Market Report

The Martin County Single Family Homes Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 20.3% (was up by 30% in August).  While new pending sales decreased by 40.5% as compared to September of 2016 (Decreased by 14.5% in August).

Prices continued to rise with the median sales price up by 12.1% from last year (up by 17.4% in August) while the average price increased by 3.6% (was up by 23.3% last month).

The inventory of available single family homes decreased from last month by 55 homes to 968 units for September,  this is  0.3% less than last September.  The current supply of homes is 4.7 months, for September of last year it was also 4.9 months supply.  Still 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 September 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes September 2017 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 September 2017 Market Report

Florida Single Family Homes September 2017 Market Report

10.27.17 by

Florida Single Family Homes September 2017 Market Report

The Florida Single Family Homes Market Report for September 2017 showed weaker activity from last year.  This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 20.4% (were up by 0.9% in August) and new sales under contract (new pending sales) were down by 30.2% (were up by 2.2% in August).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.6% and 5.9% respectively, compared to August’s 6.7% and 7.7%.

The inventory of available homes for sale fell by 6.1% from last year.  For September there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (September of 2016 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 is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes September 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes September 2017 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 September 2017 Market Report

St Lucie County Single Family Homes August 2017 Market Report

10.06.17 by

St Lucie County Single Family Homes August 2017 Market Report

St Lucie County Single Family Homes Market Report for August 2017 showed moderating activity as compared to last July as well as last month. Closed sales were down by 6.2% (in July they were up by 8.5%) and new sales under contract (new pending sales) increased by 13.4% (they were up by 1.2% last month).

Prices continued to rise.  The median and average sales prices up by 10.8% and 8.6% respectively from last August (For July these numbers were up 14.3% and 10.2%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings decreased by 21 homes down to 1,592 homes.  This inventory is 0.6% lower than last year.  The current supply of homes is 3.5 months (was also 3.5 months for July) and also 3.5 months for last year.  This is unchanged from 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 August 2017 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes August 2017 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 August 2017 Market Report

Martin County Single Family Homes August 2017 Market Report

10.04.17 by

Martin County Single Family Homes August 2017 Market Report

The Martin County Single Family Homes Market Report for August 2017 showed mixed results when compared to last August.  Closed sales were up by an impressive 30% (were unchanged in July).  While new pending sales decreased by 14.5% as compared to August of 2016 (Increased by 22.3% in July).

Prices continued to rise rapidly with the median sales price up by 17.4% from last year (up by 10.9% in July) while the average price increased by 23.3% (was down by 7.2% last month).

The inventory of available single family homes decreased from last month by 45 homes to 1,023 units for August,  this is  4.3% greater than last August.  The current supply of homes is 4.9 months, for August of last year it was also 4.9 months supply. (This is unchanged from last year).  Still 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 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes August 2017 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 2017 Market Report

Florida Single Family Homes August 2017 Market Report

10.02.17 by

Florida Single Family Homes August 2017 Market Report

The Florida Single Family Homes Market Report for August 2017 continues to improve as compared to last August though at a reduced rate from the past few years and months.  Closed sales were up by 0.9% (were up by 2.0% in July) and new sales under contract (new pending sales) were up by 2.2% (were up by 3.3% in July).

Both the median and average sales prices continued to rise when compared to last year.  Up by 6.7% and 7.7% respectively, compared to July’s 7.1% and 5.7%.

The inventory of available homes for sale fell by 4.5% from last year.  For August there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August of 2016 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 is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes August 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes August 2017 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 2017 Market Report

St Lucie County Single Family Homes July 2017 Market Detail

09.11.17 by

St Lucie County Single Family Homes July 2017 Market Detail

St Lucie County Single Family Homes Market Detail for July 2017 showed improved activity as compared to last June as well as last month. Closed sales were up by 8.5% (in June they were unchanged) and new sales under contract (new pending sales) increased by 1.2% (they were down by 10.6% last month).

Prices continued to rise.  The median and average sales prices up by 14.3% and 10.2% respectively from last July (For June these numbers were up 10.7% and 4.5%).  These price increases are making home affordability an issue in St Lucie County.

Active listings increased by 30 homes down to 1,613 homes.  This inventory is 10.1% higher than last year.  The current supply of homes is 3.5 months (was also 3.5 months for June) and 3.3% for last year.  This is 6.1% higher than 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 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes July 2017 Market Detail

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 2017 Market Detail

Martin County Single Family Homes July 2017 Market Detail

09.08.17 by

Martin County Single Family Homes July 2017 Market Detail

The Martin County Single Family Homes Market Detail for July 2017 showed continued growth as compared to last July.  Closed sales were unchanged (were up by 8.7% in June). New pending sales increased by 22.3% as compared to July of 2016 (Increased by 7.2% in June).

Prices continued to rise with the median sales price up by 10.9% from last year (up by 6.0% in June) while the average price increased by 7.2% (was down by 6.3% last month).

The inventory of available single family homes increased from last month by 40 homes to 1,068 units for July,  this is  10.4% greater than last July.  The current supply of homes is 5.3 months, for July of last year it was a 4.8 months supply. (This is a 10.4% increase from last year).  Still a sellers’ 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 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes July 2017 Market Detail

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 2017 Market Detail

Florida Single Family Homes July 2017 Market Detail

09.06.17 by

Florida Single Family Homes July 2017 Market Detail

The Florida Single Family Homes Market Detail for July 2017 continues to improve as compared to last July though at a reduced rate from the past few years and months.  Closed sales were up by 2.0% (were up by 4.3% in June) and new sales under contract (new pending sales) were up by 3.3% (were up by 2.2% in June).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.1% and 5.7% respectively, compared to June’s 8.9% and 7.3%.

The inventory of available homes for sale fell by 2.7% from last year.  For July there was a 3.9 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (July of 2016 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 is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes July 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes July 2017 Market Detail

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 2017 Market Detail

St Lucie County Single Family Homes June 2017 Market Detail

08.02.17 by

St Lucie County Single Family Homes June 2017 Market Detail

St Lucie County Single Family Homes Market Detail for June 2017 showed weaker activity as compared to last June. Closed sales were unchanged (in May they were up by 10.0%) and new sales under contract (new pending sales) decreased by 10.6% (they were up by 9.2% last month).

Prices, however, continued to rise.  The median and average sales prices up by 10.7% and 4.5% respectively from last June (For May these numbers were up 16.5% and 16.5%).  These price increases are making home affordability an issue in St Lucie County.

Active listings decreased by 8 homes down to 1,583 homes.  This inventory is 5.1% higher than last year.  The current supply of homes is at 3.5 months (was also 3.5 months for May)  This is 6.1% higher than 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.

July 2017 St Lucie County Single Family Homes Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes June 2017 Market Detail

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 2017 Market Detail

Martin County Single Family Homes June 2017 Market Detail

07.31.17 by

Martin County Single Family Homes June 2017 Market Detail

The Martin County Single Family Homes Market Detail for June 2017 showed continued growth as compared to last June.  Closed sales were up by 8.7% (were up by 8.3% in May). New pending sales increased by 7.2% as compared to June of 2016 (Increased by 24.2% in May).

Prices had mixed results for June with the median sales price up by 6.0% from last year (up by 8.3% in May) while the average price decreased by 6.3% (was up by 35.4% last month).

The inventory of available single family homes decreased from last month by 8 homes to 1,028 units for June,  this is still 7.3% greater than last June.  The current supply of homes is 5.1 months, for June of last year it was a 4.7 months supply. (This is a 8.5% increase from last year).  Still a sellers’ 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.

June 2017 Martin County Single Family Homes Market Report

Click here to view or download the full report:
Martin County Single Family Homes June 2017 Market Detail

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 2017 Market Detail

Florida Single Family Homes June 2017 Market Detail

07.27.17 by

Florida Single Family Homes June 2017 Market Detail

The Florida Single Family Homes Market Detail for June 2017 continues to improve as compared to last June.  Closed sales were up by 4.3% (were up by 7.6% in May) and new sales under contract (new pending sales) were up by 2.2% (were up by 5.0% in May).

Both the median and average sales prices continued to rise when compared to last year.  Up by 8.9% and 7.3% respectively, compared to May’s 7.7% and 8.3%.

The inventory of available homes for sale fell by 3.1% from last year.  For June there was a 3.9 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (June of 2016 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 is once again decreasing which continues to put pressure on rising prices and sales.

June 2017 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes June 2017 Market Detail

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 2017 Market Detail

St Lucie County Single Family Homes May 2017 Market Detail

06.27.17 by

St Lucie County Single Family Homes May 2017 Market Detail

St Lucie County Single Family Homes Market Detail for May 2017showed continued growth when compared to last May. Closed sales were up by 10.0% (in April they were down by 0.6%) and new sales under contract (new pending sales) increased by 9.2% (they were down by 5.5% last month).

Prices, also, continue to show increases.  The median and average sales prices up by 16.5% and 16.5% respectively from last May (For April these numbers were up 14.3% and 7.0%).  These price increases are making home affordability an issue in St Lucie County.

Active listings decreased by 59 homes down to 1,591 homes.  This inventory is 4.1% lower than last year.  The current supply of homes is at 3.5 months (was 3.7 months for April)  This is 2.8% lower than 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 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes May 2017 Market Detail

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 2017 Market Detail

Martin County Single Family Homes May 2017 Market Detail

06.25.17 by

Martin County Single Family Homes May 2017 Market Detail

The Martin County Single Family Homes Market Detail for May 2017 showed continued growth when compared to last May.  Closed sales were up by 8.3% (was down by 2.3% in April). New pending sales increased by 24.2% as compared to May of 2016 (Decreased by 18.2% in April).

Prices continued to rise with the median sales price up by 8.3% from last year (up by 2.8% in April) while the average price increased by 35.4% (was up by 0.8% last month).

The inventory of available single family homes decreased from last month by 9 homes to 1,036 units for May,  this is still 5.0% greater than last May.  The current supply of homes is 5.1 months, for May of last year it was a 4.8 months supply. (This is a 6.3% increase from last year).  Still a sellers’ 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 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes May 2017 Market Detail

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 2017 Market Detail