St Lucie County Townhouses and Condos November 2021 Market Report

St Lucie County Townhouses and Condos November 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last November. The low inventory is the primary factor for these results. Closed sales were down by 20.5% from last year (were down by 38.9% in October). New pending sales were down by 24.3% for November (they were down by 24.4% last month).

Prices were mixed for November. The median price decreased by 4.0% from last year (was up by 29.1% in October) and the average sales price increased by 7.5% (was up by 34.2% in October).

The inventory of available townhouses and condos decreased by 11 units from last month to 169 residences. This is 53.3% less inventory than we had in November 2020. The current inventory supply is 1.2 months, as compared to 3.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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 Townhouses and Condos November 2021 Market Report

St Lucie County Single Family Homes November 2021 Market Report

St Lucie County Single Family Homes November 2021 Market Report

The November 2021, St Lucie County Single Family Home market had improved sales activity when compared to last year. Closed sales were up by 8.0% for the month compared to last year (in October they were up by 7.7%). New sales under contract (new pending sales) increased by 12.1% (they were up by 7.5% last month).

Prices continued to rise in November.  The median sales price was up by 29.1% (was up by 28.8% in October).  The average sales price was up by 34.2% (it was up by 25.4% in October).

The number of available home listings decreased by 45 homes to 704 homes.  This inventory is 29.2% less than last year.  The current supply of homes is only 1.2 months (it was 1.9 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 Townhouses and Condos November 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 November 2021 Market Report

St Lucie County Townhouses and Condos October 2021 Market Report

St Lucie County Townhouses and Condos October 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity than last October. Mostly because of the extremely low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 38.9% from last year (were down by 26.9% in September). New pending sales were down by 24.4% for October (they were down by 35.6% last month).

Prices, once again, rose in October. The median price increased by 29.6% from last year (was up by 20.5% in September) and the average sales price increased by 23.0% (was up by 23.5% in September).

The inventory of available townhouses and condos increased by 5 units from last month to 180 residences. This is 50.3% less inventory than we had in October 2020. The current inventory supply is 1.3 months, as compared to 3.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 October 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 Townhouses and Condos October 2021 Market Report

St Lucie County Single Family Homes October 2021 Market Report

St Lucie County Single Family Homes October 2021 Market Report

The October 2021, St Lucie County Single Family Home market had slower sales activity when compared to last year. This is due to our currently very low inventory and high prices. Closed sales were down by 7.7% for the month compared to last year (in September they were up by 2.3%). New sales under contract (new pending sales) increased by 7.5% (they were up by 3.9% last month).

Prices continued to rise in October.  The median sales price was up by 28.8% (was up by 27.6% in September).  The average sales price was up by 25.4% (it was up by 28.2% in September).

The number of available home listings increased by 22 homes to 749 homes.  This inventory is 21.9% less than last year.  The current supply of homes is only 1.3 months (it was 1.8 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 October 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 October 2021 Market Report

St. Lucie County Townhouses and Condos 2021 3rd Quarter Report

St. Lucie County Townhouses and Condos 2021 3rd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2nd Quarter 2021.

St. Lucie County Townhouses and Condos 2021 3rd Quarter Report

For the 3rd quarter of 2021, the Saint Lucie Count townhouses and condo real estate market had weaker sales volume when compared to the 3rd quarter of 2020.   Prices were mixed with a higher average sales price and a slightly lower median price. Currently, our biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the near future.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2021 3rd Quarter Report

St. Lucie County Single Family Homes 2021 3rd Quarter Report

St. Lucie County Single Family Homes 2021 3rd Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2021 3rd Quarter Report

The St. Lucie County single family home real estate market had weaker sales volume when compared to the 3rd quarter of 2020.   Prices, however, were higher than this period last year with strong gains. Currently, our biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the near future.

To view, the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Indian River Drive Real Estate November 2021 Market Report

Indian River Drive Real Estate November 2021 Market Report

There are 7 properties available for sale on and around the Indian River Drive area for November 2021.  These properties have list prices from $679,000 up to $1,300,000.  This is an average list price of $912,414 which works out to $529.93 per sq. ft. of living area.

There are 7 homes under contract.  These homes were listed from $124,990 up to $1,300,000.  This is an average list price of $729,827 or $240.98 per sq. ft. of living area.  These homes were on the market for an average of 29 days before going under contract.

In the past 12 months, 54 homes have sold.  Sale prices ranged from a low of $147,000 up to $2,900,000.  This equals an average sales price of $624,013 which works out to $259.49 per sq. ft. of living area.  These homes averaged 76 days on the market before going under contract and sold for an average of 95% of the list price.

Click here to view previous Indian River Drive market reports!

About Indian River Drive:

Indian River Drive
Google Earth image

Indian River Drive homes for sale:

Discover the last vestiges of old Florida charm and the best values for wide waterfront homes and estate-sized land in South Florida today!  Twelve miles of paradise on a two-lane country road along the Treasure Coast between the Island Life Of Jensen Beach and the Historic Town of Ft. Pierce.  Most of the homes on Indian River Drive will have wide views of the Intracoastal (Indian River)  on the east side and the unspoiled beauty of the Savannahs Preserve State Park on the west side.

The blue waters of the Atlantic Ocean are just minutes away.  The famous Hutchinson Island is viewed by all residents along this designated Florida Scenic Route.

Recent Indian River Drive home sales:

The early settlers of the Treasure Coast recognized the Tropical Beauty of this bit of paradise.  Long used as a transportation route for the pineapple plantation owners to ship their product to various ports of call. The Intracoastal has easy access to the Atlantic Ocean and is a safe haven for boaters.  World-class marine life is right at your doorstep and the fishing is some of the best in the world.

The high elevation along the drive adds drama and beauty to most homes along this scenic stretch of a two-lane road.

Search for Indian River Drive Homes for Sale

Search for Indian River Drive Vacant Land for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Indian River Drive Real Estate November 2021 Market Report

St Lucie County Townhouses and Condos September 2021 Market Report

St Lucie County Townhouses and Condos September 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 26.9% from last year (were down by 16.9% in August). New pending sales were down by 35.6% for September (they were down by 16.2% last month).

Prices, however, rose in September. The median price increased by 20.5% from last year (was up by 11.0% in August) and the average sales price increased by 23.5% (was down by 0.3% in August).

The inventory of available townhouses and condos increased by 1 unit from last month to 175 residences. This is 54.8% less inventory than we had in September 2020. The current inventory supply is 1.2 months, as compared to 4.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 September 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 Townhouses and Condos September 2021 Market Report

St Lucie County Single Family Homes September 2021 Market Report

St Lucie County Single Family Homes September 2021 Market Report

The September 2021, St Lucie County Single Family Home market had slightly improved sales activity when compared to last year. This is quite impressive as other markets are showing slower sales activity since there is so little inventory and high prices. Closed sales were up by 2.3% for the month compared to last year (in August they were down by 11.7%). New sales under contract (new pending sales) increased by 3.9% (they were up by 7.9% last month).

Prices continued to rise in September.  The median sales price was up by 27.6% (was up by 25.7% in August).  The average sales price was up by 28.2% (it was up by 21.5% in August).

The number of available home listings increased by 3 homes to 727 homes.  This inventory is 24.9% less than last year.  The current supply of homes is only 1.2 months (it was 1.9 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 September 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 September 2021 Market Report

St Lucie County Townhouses and Condos August 2021 Market Report

St Lucie County Townhouses and Condos August 2021 Market Report

The St Lucie County Townhouses and Condos market for August 2021 showed fewer closed and new pending sales when compared to last year. This is most likely a result of the historically low inventory of properties available for sale. There appear to be many buyers but not enough available or affordable listings. Closed sales were down by 16.9% from last year (were up by 5.1% in July). New pending sales were down by 16.2% for August (they were down by 19.5% last month).

Prices were down for August.  This is the first month of decreasing prices in quite some time. The median price decreased by 11.0% from last year (was down by 3.9% in July) and the average sales price decreased by 0.3% (was up by 22.8% in July).

The inventory of available townhouses and condos increased by 36 units from last month to 174 residences. This is 56.7% less inventory than we had in August 2020. The current inventory supply is 1.2 months, as compared to 4.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 August 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 Townhouses and Condos August 2021 Market Report

St Lucie County Single Family Homes August 2021 Market Report

St Lucie County Single Family Homes August 2021 Market Report

The August 2021, St Lucie County Single Family Home market showed fewer closed when compared to last year. This is most likely a result of the historically low inventory of properties available for sale as well as the recent increase in prices. There appear to be many buyers but not enough available or affordable listings. New pending sales rose slightly which is hopefully a good sign for the future. Closed sales were down by 11.7% for the month compared to last year (in July they were up by 5.0%). New sales under contract (new pending sales) increased by 7.9% (they were down by 19.9% last month).

Prices continued to rise in August.  The median sales price was up by 25.7% (was up by 26.0% in July).  The average sales price was up by 21.5% (it was up by 23.1% in July).

The number of available home listings increased by 65 homes to 724 homes.  This inventory is 23.6% less than last year.  The current supply of homes is only 1.2 months (it was 1.9 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 August 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 August 2021 Market Report

St Lucie County Townhouses and Condos July 2021 Market Report

St Lucie County Townhouses and Condos July 2021 Market Report

The St Lucie County Townhouses and Condos market for July 2021 showed fewer closed and new pending sales when compared to last year. This is most likely a result of the historically low inventory of properties available for sale. There appear to be many buyers but not enough available listings. Closed sales were down by 5.1% from last year (were up by 117.9% in June). New pending sales were down by 19.5% for July (they were down by 35.4% last month).

Prices were mixed for July.  The median price decreased by 3.9% from last year (was up by 27.6% in June) while the average sales price increased by 22.8% (was up by 40.3% in June).

The inventory of available townhouses and condos decreased by 80 units from last month to 138 residences. This is 70.3% less inventory than we had in July 2020. The current inventory supply is 0.9 months, as compared to 5.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 July 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 Townhouses and Condos July 2021 Market Report

St Lucie County Single Family Homes July 2021 Market Report

St Lucie County Single Family Homes July 2021 Market Report

The July 2021, St Lucie County Single Family Home market showed slightly improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 5.0% for the month compared to last year (in June they were up by 25.7%). New sales under contract (new pending sales) decreased by 19.9% (they were down by 36.0% last month).

Prices continued to rise in July.  The median sales price was up by 26.0% (was up by 24.5% in June).  The average sales price was up by 23.1% (it was up by 28.9% in June).

The number of available home listings decreased by 258 homes to 659 homes.  This inventory is 39.1% less than last year.  The current supply of homes is only 1.1 months (it was 2.2 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 July 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 July 2021 Market Report

St. Lucie County Townhouses and Condos 2021 2nd Quarter Report

St. Lucie County Townhouses and Condos 2021 2nd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2nd Quarter 2021.

St. Lucie County Townhouses and Condos 2021 2nd Quarter Report

For the 1st quarter of 2021, the Saint Lucie Count townhouses and condo real estate market continue to show improved activity when compared to last year. Both sales and prices had improved results. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Recent market reports:

St. Lucie County Townhouses and Condos 2021 2nd Quarter Report

St. Lucie County Single Family Homes 2021 2nd Quarter Report

St. Lucie County Single Family Homes 2021 2nd Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2021 2nd Quarter Report

Both prices and sales were up for the 2nd quarter of 2021 when compared to the same period last year.  A very strong seller’s market for the St. Lucie County single-family homes real estate market. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

To view, the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Recent market reports:

St Lucie County Townhouses and Condos June 2021 Market Report

St Lucie County Townhouses and Condos June 2021 Market Report

The St Lucie County Townhouses and Condos market for June 2021 showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 117.9% from last year (were up by 201.6% in May). New pending sales were down by 35.4% for June (they were up by 17.5% last month).

Prices continued to rise in June.  The median price increased by 27.6% from last year (was up by 9.4% in May) while the average sales price increased by 40.3% (was up by 7.1% in May).

The inventory of available townhouses and condos decreased by 6 units from last month to 218 residences. This is 55.4% less inventory than we had in June 2020. The current inventory supply is 1.5 months, as compared to 5.6 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 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 Townhouses and Condos June 2021 Market Report

St Lucie County Single Family Homes June 2021 Market Report

St Lucie County Single Family Homes June 2021 Market Report

The June 2021, St Lucie County Single Family Home market showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 25.7% for the month compared to last year (in May they were up by 65.7%). New sales under contract (new pending sales) decreased by 36.0% (they were down by 26.6% last month).

Prices continued to rise in June.  The median sales price was up by 24.5% (was up by 26.4% in May).  The average sales price was up by 28.9% (it was up by 37.0% in May).

The number of available home listings increased by 36 homes to 917 homes.  This inventory is 29.0% less than last year.  The current supply of homes is only 1.5 months (it was 2.7 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 June 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 June 2021 Market Report

St Lucie County Townhouses and Condos May 2021 Market Report

St Lucie County Townhouses and Condos May 2021 Market Report

The St Lucie County Townhouses and Condos market for May 2021 continues to show strong closed sales activity. New pending sales also increased. But, a reduced rate indicating a future decrease in closed sales because of the very low inventory of available properties for sale. Closed sales were up by 201.6% from last year (were up by 156.1% in April). New pending sales were up by 17.5% for May (they were up by 179.6% last month).

The May prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in April) while the average sales price increased by 7.1% (was up by 32.3% in April).

The inventory of available townhouses and condos decreased by 4 units from last month to 226 residences. This is 61.8% less inventory than we had in May 2020. The current inventory supply is 1.6 months, as compared to 6.6 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 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 Townhouses and Condos May 2021 Market Report

St Lucie County Single Family Homes May 2021 Market Report

St Lucie County Single Family Homes May 2021 Market Report

The May 2021, St Lucie County Single Family Home market had strong sales activity but is indicating weaker future activity as the inventory shrinks with fewer available homes for sale. Closed sales were up by 65.7% for the month compared to last year (in April they were up by 47.3%). New sales under contract (new pending sales) decreased by 26.6% (they were up by 34.6% last month).

Prices continued to rise sharply.  The median sales price was up by 26.4% (was up by 20.7% in April).  The average sales price was up by 37.0% (it was up by 30.2% in April).

The number of available home listings increased by 61 homes to 881 homes.  This inventory is 43.9% less than last year.  The current supply of homes is only 1.5 months (it was 3.3 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 May 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 May 2021 Market Report

St Lucie County Townhouses and Condos April 2021 Market Report

St Lucie County Townhouses and Condos April 2021 Market Report

The St Lucie County Townhouses and Condos market for April 2021 continues to show very strong activity when compared to April of 2020. Closed sales were up by 156.1% from last year (were up by 61.9% in March). New pending sales were up by 179.6% for April (they were up by 166.7% last month).

The April prices were also up.  The median price increased by 9.4% from last year (was up by 32.7% in March) while the average sales price increased by 7.1% (was up by 32.3% in March).

The inventory of available townhouses and condos decreased by 6 units from last month to 230 residences. This is 61.0% less inventory than we had in April 2020. The current inventory supply is 1.8 months, as compared to 6.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. 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 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 Townhouses and Condos April 2021 Market Report