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

St Lucie County Single Family Homes January 2018 Market Report

03.15.18 by

St Lucie County Single Family Homes January 2018 Market Report

St Lucie County Single Family Homes January 2018 Market Report had weaker sales activity compared to last January. Closed sales were down by 3.0% (in December they were up by 3.3%) and new sales under contract (new pending sales) decreased by 2.4% (they were down by 5.3% last month).

Prices, however, continued to rise.  The median and average sales prices up by 11.9% and 8.6% respectively from last January (For December these numbers were up 6.9% and 4.9%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 168 homes down to 1,748 homes.  This inventory is 5.2% lower than last year.  The current supply of homes is  3.8 months (was 3.4 months for December) 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 January 2018 Market Report

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

Martin County Single Family Homes January 2018 Market Report

03.13.18 by

Martin County Single Family Homes January 2018 Market Report

The Martin County Single Family Homes January 2018 Market Report showed mixed results to start the year.  Closed sales were up while pending sales (future closed sale) were off.  Closed sales were up by 11.0% (was down by 7.2% in December).  While new pending sales decreased by 22.0% as compared to January 2017 (Decreased by 23.1% in December).

Prices were mixed with the median sales price down by 2.4% from last year (up by 8.8% in December) while the average price increased by 1.2% (was down by 0.6% last month).

The inventory of available single-family homes increased from last month by 108 homes to 1033 units for December,  this is  8.7% less than last January.  The current supply of homes is 5.0 months, for January 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 January 2018 Market Report

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

Florida Single Family Homes January 2018 Market Report

03.10.18 by

Florida Single Family Homes January 2018 Market Report

The Florida Single Family Homes January 2018 Market Report began 2018 with weaker sales volume. Closed sales were down by 1.3% (were up by 2.6% in December) and new sales under contract (new pending sales) were up by 0.1% (were down by 0.1% in December).

Prices, however, continue to rise when compared to last year.  With the median and average sales prices up by 9.1% and 12.3% respectively, compared to December’s 8.0% and 9.4%.

The inventory of available homes for sale fell by 7.3% from last year.  For January there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January 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 January 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes January 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 January 2018 Market Report

St Lucie County Single Family Homes December 2017 Market Report

02.01.18 by

St Lucie County Single Family Homes December 2017 Market Report

St Lucie County Single Family Homes December 2017 Market Report showed some slightly improved sales activity compared to last December. Closed sales were up by 3.3% (in November they were up by 14.6%) and new sales under contract (new pending sales) decreased by 5.3% (they were up by 1.1% last month).

Prices continued to rise.  The median and average sales prices up by 6.9% and 4.9% respectively from last December (For November these numbers were up 14.2% and 10.8%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 38 homes down to 1,585 homes.  This inventory is 8.5% lower than last year.  The current supply of homes is 3.4 months (was 3.5 months for November) 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 December 2017 Market Report

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

Martin County Single Family Homes December 2017 Market Report

01.30.18 by

Martin County Single Family Homes December 2017 Market Report

The Martin County Single Family Homes December 2017 Market Report had weaker closed sales for December but a very strong number of new pending sales.  Closed sales were down by 7.2% (was up by 11.9% in November).  While new pending sales increased by 23.1% as compared to December of 2016 (Decreased by 4.7% in November).

Prices were mixed with the median sales price up by 8.8% from last year (up by 13.1% in November) while the average price decreased by 0.6% (was down by 4.3% last month).

The inventory of available single family homes decreased from last month by 61 homes to 925 units for December,  this is  7.1% less than last December.  The current supply of homes is 4.5 months, for December of last year it was also 5.0 months supply.  A strong 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 December 2017 Market Report

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

Florida Single Family Homes December 2017 Market Report

01.26.18 by

Florida Single Family Homes December 2017 Market Report

The Florida Single Family Homes December 2017 Market Report continues to do better than last year but at a reduced rate of increase. Closed sales were up by 2.6% (were up by 1.3% in November) and new sales under contract (new pending sales) were down by 0.1% (were up by 5.5% in November).

Both the median and average sales prices continued to rise when compared to last year.  Up by 8.0% and 9.4% respectively, compared to November’s 9.1% and 8.3%.

The inventory of available homes for sale fell by 7.1% from last year.  For December there was a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December of 2016 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 Townhouses and Condos December 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes December 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 December 2017 Market Report

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