Martin County Single Family Homes March 2021 Market Report

Martin County Single Family Homes March 2021 Market Report

The Martin County Single Family Homes Market Report shows improved activity when compared to last March. Closed sales were up by 33.8% from last year(were up by 21.8% in February).  While new pending sales increased by 61.3% as compared to last year (increased by 21.1% last month).

Prices were up significantly for March.  The median sales price was up from last year by 30.4% (it was up by 12.9% in February) while the average sales price increased by 70.8% (it was up by 14.4% last month).

The inventory of available single-family homes decreased from last month by 10 homes to 340 homes for March. This is 64.9% less inventory than last March.  The current supply of homes is only 1.5 months.  For March of last year, it was a 4.7 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2021 Market Report

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

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 2021 Market Report

Florida Single Family Homes March 2021 Market Report

Florida Single Family Homes March 2021 Market Report

The Florida Single Family Home continues to show stronger activity when compared to last year. Closed and new pending sales were both up for the month when compared to last year. Closed sales were up by 23.3% (were up by 15.7% in February). New sales under contract (new pending sales) were up by 48.2% (were up by 10.9% in February).

Prices were also up for March.  The median sales price rose by 18.9% (it was up by 16.6% in February). And, the average sales price was up by 37.6% (it was up by 28.7% last month).

The inventory of available homes for sale decreased by 62.1% from last year.  This represents a 1.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (March 2020 had a 3.4 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes March 2021 Market Report
Recent Florida Market Report Posts:

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes March 2021 Market Report

St Lucie County Single Family Homes February 2021 Market Report

St Lucie County Single Family Homes February 2021 Market Report

The February 2021, St Lucie County Single Family Home market continues to show yearly improvements with strong sales activity. Closed and pending sales were both up when compared to last year. Closed sales were up by 21.6% for the month compared to last year (in January they were up by 21.9%). New sales under contract (new pending sales) increased by 8.6% (they were up by 9.6% last month).

Prices were also up for the month.  The median sales price was up by 17.0% (was up by 17.4% in January).  The average sales price was up by 24.2% (it was up by 16.8% in January).

The number of available home listings decreased by 81 homes to 907 homes.  This inventory is 51.7% less than last year.  The current supply of homes is only 1.7 months (it was 3.8 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2021 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Single Family Homes February 2021 Market Report

Martin County Single Family Homes February 2021 Market Report

Martin County Single Family Homes February 2021 Market Report

The Martin County Single Family Homes Market Report shows improved activity when compared to last February. Closed sales were up by 21.8% from last year(were up by 20.8% in January).  While new pending sales increased by 21.1% as compared to last year (increased by 22.5% last month).

Prices were also up for February.  The median sales price was up from last year by 12.9% (it was up by 10.7% in January) while the average sales price increased by 14.4% (it was up by 45.6% last month).

The inventory of available single-family homes decreased from last month by 134 homes to 350 homes for February. This is 62.1% less inventory than last February.  The current supply of homes is only 1.5 months.  For February of last year, it was a 4.6 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2021 Market Report

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

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 2021 Market Report

Florida Single Family Homes February 2021 Market Report

Florida Single Family Homes February 2021 Market Report

The Florida Single Family Home continues to show better activity when compared to last year. Closed and pending sales were both up for the month when compared to last year. Closed sales were up by 15.7% (were up by 18.0% in January). New sales under contract (new pending sales) were up by 10.9% (were up by 16.9% in January).

Prices were also up for February.  The median sales price rose by 16.6% (it was up by 15.1% in January). And, the average sales price was up by 28.7% (it was up by 25.6% last month).

The inventory of available homes for sale decreased by 56.3% from last year.  This represents a 1.3 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (February 2020 had a 3.3 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Recent Florida Market Report Posts:

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes February 2021 Market Report