St Lucie County Townhouses and Condos June 2018 Market Report

St Lucie County Townhouses and Condos June 2018 Market Report

TheSt Lucie County Townhouses and Condos June 2018 Market Report showed weaker sales activity when compared to last year, but remains as an active market.  Closed sales were down by 18.7% from last year (was up by 10.2% in May) while new pending sales were down by 2.4% for June (was down by 14.6% in May).

Prices were also down from the same period last year.  The median price increased by 16.6% from last year (was up by 7.5% in May) while the average sales price decreased by 6.3% (was down by 1.4% in May).  After a long period of increasing prices, if this trend continues, this could be a signal for a change for this segment of the St. Lucie County real estate market.

The inventory of available townhouses and condos decreased by 7 units from last month to 524 units, which is 3.6% less than June 2017. The current supply is 5.2 months, which is 1.9% less than the 5.3 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos June 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos 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 Townhouses and Condos June 2018 Market Report

St Lucie County Single Family Homes June 2018 Market Report

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

St Lucie County Townhouses and Condos May 2018 Market Report

St Lucie County Townhouses and Condos May 2018 Market Report

The St Lucie County Townhouses and Condos May 2018 Market Report reported quite strong closed sales activity but some weakness with pending (or future) sales when compared to last year.  Closed sales were up by 10.2% from last year (was up by 2.4% in April) while new pending sales were down by 14.6% for May (was up by 14.5% in April).

Prices, however, were mixed from the same period last year.  The median price increased by 7.5% from last year (was down by 1.7% in April) while the average sales price decreased by 1.4% (was down by 2.9% in April).  This is the first month in quite some time with decreasing prices.

The inventory of available townhouses and condos decreased by 17 units from last month to 531 units, which is 1.0% less than May 2017. The current supply is 5.1 months, which is 8.9% less than the 5.6 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos May 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos 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 Townhouses and Condos May 2018 Market Report

St Lucie County Single Family Homes May 2018 Market Report

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

St Lucie County Townhouses and Condos April 2018 Market Report

St Lucie County Townhouses and Condos April 2018 Market Report

The St Lucie County Townhouses and Condos April 2018 Market Report reported quite strong sales activity when compared to last year.  Closed sales were up by 2.4% from last year (was up by 9.3% in March) while new pending sales were up by 14.5% for April (was up by 12.8% in March).

Prices, however, were down from the same period last year.  The median price decreased by 1.7% from last year (was up by 11.0% in March) while the average sales price decreased by 2.9% (was up by 18.2% in March).  This is the first month in quite some time with decreasing prices.

The inventory of available townhouses and condos decreased by 27 units from last month to 548 units, which is 3.5% less than April 2017. The current supply is 5.3 months, which is 11.7% less than the 6.0 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos April 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos 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 Townhouses and Condos April 2018 Market Report