May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

06.30.16 by

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The May 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a surprisingly strong may after a number of not so stellar months earlier.  Closed sales were up 19.0% from last year (was up 2.9% in April) while new pending sales increased by 13.6% (was down by 8.5% in April).

Prices were mixed with the median sales price increasing by 3.6% (was up by 10.0% in April) while the average sales price decreased by 2.9% (increased 4.7% in April).  St Lucie County townhouses and condos are showing a very sustainable slow increase in prices for the past few months.

The inventory of available townhouses and condos decreased by 37 units from last month to 605 units, which is 4.1% greater than May 2015. The current supply of inventory dropped to 6.0 months, which is 5.3% greater than last year.  The St Lucie County townhouses and condos market remains a balanced market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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.

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

May 2016 Monthly Market Detail St Lucie County Single Family Homes

06.29.16 by

May 2016 Monthly Market Detail St Lucie County Single Family Homes

May 2016 Monthly Market Detail St Lucie County Single Family Homes is bucking the trend from the rest of Florida amd it’s neighbor to the south with strong increases in activity as compared to last year.  Closed sales were up by 11.2% (in April they were down by 3.0%) and new sales under contract (new pending sales) increased by 7.7% (they were up by 7.6% last month).

And along with increased sales prices are also continuing to go higher for May.  Both the median and average sales prices up by 15.6% and 15.2% respectively from last May (For April these numbers were 12.9% and 15.5%).

Active listings fell by 91 homes to 1,628 homes.  This inventory is 6.3% greater than last year.  The current supply of homes is at 3.6 months (an 9.1% increase from last year). The St Lucie County single family home market remains in a hot sellers market.

May 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
May 2016 Monthly Market Detail St Lucie County Single Family Homes

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.

May 2016 Monthly Market Detail St Lucie County Single Family Homes

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

05.29.16 by

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The April 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a small increase in closed sales volume as compared to last year but a decrease in new pending sales.  Closed sales were up 2.9% from last year (was down 23.1% in March) while new pending sales decreased by 8.5% (was down by 7.5% in March).

The median sales price increased by 10.0% (was up by 9.2% in March) while the average sales price was up by 4.7% (decreased 2.8% in March).  This segment of the St Lucie real estate market has seen some price reductions in previous months.  Now, it’s back on the upward trend.

The inventory of available townhouses and condos decreased by 13 units from last month to 642 units, which is 8.1% greater than April 2015. The current supply of inventory dropped by a tenth of one percent to  6.5 months, which is 14.0% greater than last year.  The St Lucie County townhouses and condos market remains in basically a balanced market and leaning towards going into a buyers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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.

April 2016 Monthly Market Detail St Lucie County Townhouses and Condos

April 2016 Monthly Market Detail St Lucie County Single Family Homes

05.28.16 by

April 2016 Monthly Market Detail St Lucie County Single Family Homes

April 2016 Monthly Market Detail St Lucie County Single Family Homes continues to show a slightly weaker volume in closed sales and increased pending sales activity from last year.  Yet, this is still a very strong market.  Closed sales were down by 3.0% (in March they were up by 0.2%) and new sales under contract (new pending sales) increased by 7.6% (they were down by 4.7% last month).

And the prices continue their upward march.  Both the median and average sales prices up by 12.9% and 15.5% respectively from last April (For March these numbers were 19.4% and 16.2%).

Active listings fell by 103 homes to 1,719 homes.  This inventory is 11.2% greater than last year.  The current supply of homes is at 3.9 months (an 18.2% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as super-heated as last year.

April 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
April 2016 Monthly Market Detail St Lucie County Single Family Homes

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.

April 2016 Monthly Market Detail St Lucie County Single Family Homes

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

04.30.16 by

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The March 2016 Monthly Market Detail St Lucie County Townhouses and Condos shows reduced activity from March of last year.  Closed sales were down 23.1% from last year (was down 22.3% in February) while new sales under contract (new pending sales) decreased by 7.5% (was down by 24.1% in February).

The median sales price increased by 9.2% (was down by 10.4% in February) while the average sales price was down by 2.8% (decreased 7.2% in February).  This is the first month in 2016 with some increase in prices for this segment of the St Lucie County real estate market.

The inventory of available townhouses and condos decreased by 12 units from last month to 655 units, which is 3.1% greater than March 2015. The current supply of inventory remained unchanged from last month at  6.6 months, which is 6.5% greater than last year.  The St Lucie County townhouses and condos market remains in basically a balanced market and leaning towards going into a buyers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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.

March 2016 Monthly Market Detail St Lucie County Townhouses and Condos

March 2016 Monthly Market Detail St Lucie County Single Family Homes

04.29.16 by

March 2016 Monthly Market Detail St Lucie County Single Family Homes

March 2016 Monthly Market Detail St Lucie County Single Family Homes improved its March volume as compared to February but still weaker than last year.  Closed sales were up by 0.2% (in February they were down by 9.2%) and new sales under contract (new pending sales) decreased by 4.7% (they were down by 3.9% last month).

However, prices continue to increase quite dramatically.  Both the median and average sales prices up by 19.4% and 16.2% respectively from last March (For February these numbers were 17.2% and 14.6%).

Active listings fell by 18 to 1,822 homes.  This inventory is 14.5% greater than last year.  The current supply of homes is at  4.1 months (a 20.6% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as superheated as last year.

March 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
March 2016 Monthly Market Detail St Lucie County Single Family Homes

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.

March 2016 Monthly Market Detail St Lucie County Single Family Homes

February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

04.01.16 by

February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The February 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a difficult second month of 2016 with reduced sales volume as well as property prices when compared to last year.  Closed sales were down 22.3% from last year (was down 4.9% in January) while new sales under contract (new pending sales) decreased by 24.1% (was down by 33.3% in January).

The median sales price decreased by 10.4% (up by 3.2% in January) while the average sales price was down by 7.2% (increased 10.0% in January). Not good news for sellers of townhouses and condos in St Lucie County.

The inventory of available townhouses and condos increased by 124 units from last month to 667 units, which is 2.5% greater than February 2015. The current supply of inventory increased to 6.6 months as compared to last month’s 5.9 months, which is still 4.8% more than last year.  The St Lucie County townhouses and condos market is now back into a buyers market for at least this month. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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.

February 2016 Monthly Market Detail St Lucie County Townhouses and Condos

February 2016 Monthly Market Detail St Lucie County Single Family Homes

03.31.16 by

February 2016 Monthly Market Detail St Lucie County Single Family Homes

February 2016 Monthly Market Detail St Lucie County Single Family Homes continued into the second month of 2016 with weaker sales volume while still active and continued rising prices.  Closed sales were down by 9.2% (in January they were down by 8.8%) and new sales under contract (new pending sales) decreased by 3.9% (they were down by 34.4% last month).

Both the median and average sales prices up by 17.2% and 14.6% respectively from last February (For January these numbers were 21.2% and 20.3%).

Active listings fell by 95 homes to 1,840 homes.  This inventory is 5% greater than last year.  The current supply of homes is at  4.1 months (a 13.9% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as strong as last year.

February 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
February 2016 Monthly Market Detail St Lucie County Single Family Homes

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.

February 2016 Monthly Market Detail St Lucie County Single Family Homes

January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

02.28.16 by

January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The January 2016 Monthly Market Detail St Lucie County Townhouses and Condos continues to show strong activity but not quite as robust as compared to January of last year.  Closed sales were up 4.9% from last year (was down 2.8% in December) while new sales under contract (new pending sales) decreased by 33.3% (was up by 5.6% in December).

The median sales price increased by 3.2% (up by 0.9% in December) while the average sales price was up by 10.0% (decreased 9.9% in December).  Somewhat mixed signals for the first month of 2016 for prices for St Lucie County townhouses and condos.

The inventory of available townhouses and condos increased by 90 units from last month to 543 units, which is 8.8% less than January 2015. The current supply of inventory increased to 5.9 months as compared to last month’s 5.1 months, which is still 21.2% lower than last year.  The St Lucie County townhouses and condos market continues as a sellers’ market but just barely. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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.

January 2016 Monthly Market Detail St Lucie County Townhouses and Condos

January 2016 Monthly Market Detail St Lucie County Single Family Homes

02.27.16 by

January 2016 Monthly Market Detail St Lucie County Single Family Homes

January 2016 Monthly Market Detail St Lucie County Single Family Homes had weaker sales volume while still quite active and continued rising values.  Closed sales were down by 8.8% (in December they were up by 0.2%) and new sales under contract (new pending sales) decreased by 34.4% (they were down by 17.9% last month).

Though even with the reduced volume, prices continue to rise with both median and average sales prices up by 21.2% and 20.3% respectively from last January (For December these numbers were 19.2% and 16.4%).

Active listings jumped up in January (from last month) by 181 homes to 1,935, surpassing last years’ inventory for the first time in two years by 5.0%.  The current supply of inventory is 4.2 months (a 3.8% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as strong as last year.

January 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
January 2016 Monthly Market Detail St Lucie County Single Family Homes

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.

January 2016 Monthly Market Detail St Lucie County Single Family Homes

St Lucie County December 2015 Market Report

02.05.16 by

St Lucie County December 2015 Market Report

12-2015-slc-local-market-update-image (1)

“December market reports from Florida Realtors® have released for St. Lucie County. We saw a 19.2% boost in median sale price year over year, thanks to a higher number of closed sales above $150,000. Also, topping the charts was a triple-digit gain in luxury home sales above $600,000. This is a prime example of our dynamic housing market, where you must dig deeper to understand the fluctuation. Whether you are looking to buy or sell property, a consultation with a local REAL TOR® is key for expert guidance on our ever-changing marketplace.”

Give us a call if you have any questions or require information about the current real estate market in St Lucie County.
(772) 323-6996

St Lucie County December 2015 Market Report

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

02.02.16 by

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The December 2015 Monthly Market Detail St Lucie County Townhouses and Condos eased a bit from a quite strong November.  Closed sales were down 2.8% from last year (was up 26.1% in November) while new sales under contract (new pending sales) increased by 5.6% (was up by 39.0% in November).

The median sales price increased by 0.9% (up by 12.4% in November) while the average sales price was down by 9.9% (increased 3.2% in November).  Somewhat mixed signals for the final month of 2015 for prices for St Lucie County townhouses and condos.

The inventory of available townhouses and condos decreased by 19 units from last month to 543 units, which is 20.5% less than December 2014. The current supply of inventory decreased to 5.1 months as compared to last month’s 5.3 months, which is 21.2% lower than last year.  The St Lucie County townhouses and condos market continues as a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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.

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

December 2015 Monthly Market Detail St Lucie County Single Family Homes

01.31.16 by

December 2015 Monthly Market Detail St Lucie County Single Family Homes

December 2015 Monthly Market Detail St Lucie County Single Family Homes showed some improvement from last months slow sales volume.  Closed sales were up by 0.2% (in November they were down by 13.3%) and new sales under contract (new pending sales) decreased by 17.9% (they were down by 21.0% last month).

While the median and average sales prices continue their relentless march higher with increases of 19.2% and 16.4% respectively from last December (For November these numbers were 10.8% and 17.2%). Very strong price increases continue as the demand for quality condos and townhouses remain high.

Active listings increased in December (from last month) by 4 homes to 1,754, now approaching similar levels from last year with this month 0.3% higher than last year..  The current supply of inventory is 3.8 months (a 3.7% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as strong as last year.

December 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
December 2015 Monthly Market Detail St Lucie County Single Family Homes

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.

December 2015 Monthly Market Detail St Lucie County Single Family Homes

St Lucie County November 2015 Market Report

12.31.15 by

St. Lucie County November 2015 Market Report

St. Lucie County November 2015 Market Report

“I am happy to report that St. Lucie County’s real estate market indicators revealed that we ended November on a positive note! Home seller confidence continued to rise as new listings increased by 15%, and buyers continued to offer on average 96% of original list prices. Earlier in this year, Bloomberg Business stated that Port St. Lucie will be one of the leading cities in the nation to see economic growth in 2016, and we appear to be on track to meet those expectations. On behalf of the REALTORS® of St. Lucie County, I would like to extend ‘Happy Holidays and Happy New Year’ to you and your family.  Said Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).

St. Lucie County November 2015 Market Report

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

12.29.15 by

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2015 Monthly Market Detail St Lucie County Townhouses and Condos came back strong from a weak October.  Closed sales were up 26.1% from last year (was down 5.4% in October) while new sales under contract (new pending sales) increased by 39.0% (was up by 1.8% in October).

The median sales price increased by 12.4% (down 6.1% in October) while the average sales price was u[p by 3.2% (was unchanged in October).  After an off October, prices have once again resumed their climb.

The inventory of available townhouses and condos increased by 6 units from last month to 562 units, which is still down from last November by 16.7%. Current supply of inventory remained unchanged from last month’s 5.3 months. This is 19.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, though approaching a balanced one. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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.

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

November 2015 Monthly Market Detail St Lucie County Single Family Homes

12.28.15 by

November 2015 Monthly Market Detail St Lucie County Single Family Homes

November 2015 Monthly Market Detail St Lucie County Single Family Homes had a weak month for closed sales as compared to last year.  Closed sales were off by 13.3% (in October they were up by 0.4%) and new sales under contract (new pending sales) decreased by 21.0% (they were down by 26.8% last month).

Inexplicably, the median and average sales prices continue their relentless march higher with increases of 10.8% and 17.2% respectively from last November (For October these numbers were 14.1% and 16.1%).

Active listings increased in November (from last month) by 75 homes to 1,750, though this is still lower than last year’s inventory, but only by 2.5%.  The current supply of inventory is 3.7 months (a 0.3% decrease from last year). The Saint Lucie County single family home market remains in a strong sellers market.  Hopefully, we will once again see increasing volume of sales as the inventory rises.

November 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
November 2015 Monthly Market Detail St Lucie County Single Family Homes

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.

November 2015 Monthly Market Detail St Lucie County Single Family Homes

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

11.30.15 by

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The October 2015 Monthly Market Detail St Lucie County Townhouses and Condos had a decreased volume of closed sales.  These were down 5.4% from last year (was up 2.1% in September) while new sales under contract (new pending sales) increased by 1.8% (was down by 23.0% in September).

The median sales price decreased by 6.1% (down 5.4% in September) while the average sales price was unchanged (was up by 9.5% in September).  Prices have now stopped increasing and are correcting a bot from their previous values.

The inventory of available townhouses and condos decreased by 6 units from last month to 556 units, which is also down from last October by 16.3%. Current supply of inventory remained unchanged from last month’s 5.3 months. This is 16.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, though approaching a balanced one. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.  This market is one of the only Treasure Coast segments to see a drop in inventory for October.

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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.

October 2015 Monthly Market Detail St Lucie County Townhouses and Condos

October 2015 Monthly Market Detail St Lucie County Single Family Homes

11.29.15 by

October 2015 Monthly Market Detail St Lucie County Single Family Homes

October 2015 Monthly Market Detail St Lucie County Single Family Homes showed basically unchanged closed sales from last year with a troubling reduced number of new pending sales.  Closed sales were up by 0.4% (in September they were down by 4.3%) and new sales under contract (new pending sales) decreased by 26.8% (they were down by 16.2% last month).

The median and average sales prices however continue their relentless march higher with increases of 14.1% and 16.1% respectively from last October (For September these numbers were 15.3% and 15.6%).

The increasing prices are one possible reason for the welcome increase of inventory. Active listings increased in October (from last month) by 77 homes to 1,675, though this is still lower than last year’s inventory by 8.6%.  The current supply of inventory is 3.6 months (a 7.7% decrease from last year). The Saint Lucie County single family home market remains in a strong sellers market.  Hopefully, we will once again see increasing volume of sales as the inventory increases.

October 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
October 2015 Monthly Market Detail St Lucie County Single Family Homes

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.

October 2015 Monthly Market Detail St Lucie County Single Family Homes

St. Lucie County September 2015 Market Report

10.31.15 by

St. Lucie County September 2015 Market Report

St. Lucie County September 2015 Market Update

“Since the beginning of the year, St. Lucie County has consecutively experienced double-digit increases in median sale price of single family homes when compared to the same time period in the previous year, and September reflected an increase of 15.3%. While investors may be shying away from purchasing single family homes, both sellers and end users are still benefiting from the significant boost in our current market indicators. If you are in the market looking to buy or sell your home, I suggest speaking with a local REALTOR® from the REALTORS® of St. Lucie County (RSLC), a division of the Realtors® Association of the Palm Beaches (RAPB), for real insight on the homeownership process. You can find your perfect, local REALTOR® match today at www.SouthFloridaPropertyMatch.com,” said Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).

St. Lucie County September 2015 Market Report

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

10.29.15 by

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The September 2015 Monthly Market Detail St Lucie County Townhouses and Condos continues to gain in some aspects though at a slower pace than the past few months.  Closed sales were up 2.1% from last year (was up 6% in August) while new sales under contract (new pending sales) decreased by 23.0% (was down by 13.3% in August).

The median sales price decreased by 5.4% (up 9.7% in August) while the average sales price increased by 9.5% (was up by 19.6% in August).  Still rising, though at a slightly slower rate of increase.

The inventory of available townhouses and condos increased by 8 units from last month to 562 properties, which is still down from last September by 11.1%. Current supply of inventory increased slightly to 5.3 months, from August’s 5.2 months. This is 12.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.  The shortage of inventory is hurting the sales volume and continues to impart strong upward pressure on prices.

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
September 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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.

September 2015 Monthly Market Detail St Lucie County Townhouses and Condos