Florida Townhouses and Condos February 2021 Market Report

03.24.21 by

Florida Townhouses and Condos February 2021 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity when compared to last year. Closed sales were up by 28.7% as compared to last month’s increase of 24.6%.  New sales under contract (new pending sales) increased by 35.4% (In January there was a 32.0% increase).

Prices were also up for February.  The median sales price was up by 16.6% (was up by 15.0% in January). While the average sales price increased by 30.4% (was up 18.1% in January).

The inventory of active listings decreased by 34.4% from February of last year.  This results in 3.4 months of inventory as compared to 5.4 months for February 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos February 2021 Market Report

Florida Townhouses and Condos January 2021 Market Report

02.26.21 by

Florida Townhouses and Condos January 2021 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 24.6% as compared to last month’s increase of 27.7%.  New sales under contract (new pending sales) increased by 32.0% (In December there was a 42.6% increase).

Prices were also up for January.  The median sales price was up by 15.0% (was up by 13.7% in December). While the average sales price increased by 18.1% (was up 16.8% in December).

The inventory of active listings decreased by 26.3% from January of last year.  This results in 3.9 months of inventory as compared to 5.3 months for January 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos January 2021 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos January 2021 Market Report

Florida Townhouses and Condos December 2020 Market Report

01.25.21 by

Florida Townhouses and Condos December 2020 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 27.7% as compared to last month’s increase of 30.2%.  New sales under contract (new pending sales) increased by 42.6% (In November there was a 22.4% increase).

Prices were also up for December.  The median sales price was up by 13.7% (was up by 16.9% in November). While the average sales price increased by 16.8% (was up 22.0% in November).

The inventory of active listings decreased by 18.3% from December of last year.  This results in 4.2 months of inventory as compared to 5.3 months for December 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos December 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos December 2020 Market Report

Florida Townhouses and Condos November 2020 Market Report

12.23.20 by

Florida Townhouses and Condos November 2020 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 30.2% as compared to last month’s increase of 30.3%.  New sales under contract (new pending sales) increased by 22.4% (In October there was a 29.5% increase).

Prices were also up for November.  The median sales price was up by 16.9% (was up by 15.9% in October). While the average sales price increased by 22.0% (was up 15.2% in October).

The inventory of active listings decreased by 14.5% from November of last year.  This results in 4.7 months of inventory as compared to 5.6 months for November 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos November 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos November 2020 Market Report

Florida Townhouses and Condos October 2020 Market Report

11.23.20 by

Florida Townhouses and Condos October 2020 Market Report

Florida Townhouses and Condos market is continuing to recover strongly from the effects of the current pandemic. Closed sales were up by 30.3% as compared to last month’s increase of 25.3%.  New sales under contract (new pending sales) increased by 29.5% (In September there was a 43.0% increase).

Prices were also up for October.  The median sales price was up by 15.9% (was up by 12.7% in September). While the average sales price increased by 15.2% (was up 16.4% in September).

The inventory of active listings decreased by 11.8% from October of last year.  This results in 4.9 months of inventory as compared to 5.5 months for October 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos October 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos October 2020 Market Report

Florida Townhouses and Condos September 2020 Market Report

10.26.20 by

Florida Townhouses and Condos September 2020 Market Report

Florida Townhouses and Condos market is recovering strongly from the effects of the current pandemic. Closed sales were up by 25.3% as compared to last month’s increase of 10.3%.  New sales under contract (new pending sales) increased by 43.0% (In August there was a 20.7% increase).

Prices were also up for September.  The median sales price was up by 12.7% (was up by 14.5% in August). While the average sales price increased by 16.4% (was up 14.6% in August).

The inventory of active listings decreased by 7.4% from September of last year.  This results in 5.1 months of inventory as compared to 5.3 months for September 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos September 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos September 2020 Market Report

Florida Townhouses and Condos August 2020 Market Report

09.24.20 by

Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 10.3% as compared to last month’s increase of 6.5%.  New sales under contract (new pending sales) increased by 20.7% (In July there was a 19.3% increase).

Prices also increased for August.  The median sales price was up by 14.5% (was up by 11.7% in July), while the average sales price increased by 14.6% (was up 12.8% in July).

The inventory of active listings decreased by 5.6% from August of last year.  This results in 5.3 months of inventory as compared to 5.4 months for August 2019.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos July 2020 Market Report

08.22.20 by

Florida Townhouses and Condos July 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 6.5% as compared to last month’s decrease of 10.9%.  New sales under contract (new pending sales) increased by 19.3% (In June there was a 19.8% increase).

Prices increased for July.  The median sales price was up by 11.7% (was up by 7.7% in June), while the average sales price increased by 12.8% (was up 7.3% in June).

The inventory of active listings decreased by 4.5% from July of last year.  This results in 5.6 months of inventory as compared to 5.5 months for July 2019.  Moving back into a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos July 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos July 2020 Market Report

Florida Townhouses and Condos June 2020 Market Report

07.23.20 by

Florida Townhouses and Condos June 2020 Market Report

Florida Townhouses and Condos market is still showing some effects of the current pandemic, but not as bad as last month. Closed sales were down by 10.9% as compared to last month’s decrease of 50.3%.  New sales under contract (new pending sales) increased by 19.8% (In May there was an 16.8% decrease).

Prices, however, increased for May.  The median sales price was up by 7.7% (was up by 3.3% in May), while the average sales price increased by 7.3% (was up 1.0% in May).

The inventory of active listings decreased by 5.9% from June of last year.  This results in 5.7 months of inventory as compared to 5.7 months for June 2019.  Moving back into a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos June 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos June 2020 Market Report

Woodmill Pond Townhomes in Stuart FL June 2020 Market Report

06.25.20 by

Woodmill Pond Townhomes in Stuart FL June 2020 Market Report

For June 2020, there is 1 home available to purchase in the Woodmill Pond community of Stuart FL. The list price is $268,000 which equals $129.09 per sq. ft. of living area

There are no homes currently under contract.

In the past 12 months, 2 townhomes have sold in Woodmill Pond.  Sales prices were $265,000 and $269,900.  This equals an average sales price of $267,450 which is $113.53 per sq. ft. of living area.  These homes averaged 33 days on the market before going under contract and sold for an average of 98% of list price.

Click here to view recent Woodmill Pond market reports!

About Woodmill Pond Townhomes in Stuart FL:

Woodmill Pond Townhomes in Stuart FL

Very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL is this townhome development of 50 units, which was built in 2007 and in 2010.  While these are two level townhomes with 2 car garages the complex is deeded as condos, meaning the exterior maintenance, common areas, insurance are all included in the association fees.  With these homes come newer construction and all the latest codes are in compliance with most homes having hurricane impact glass making hurricane shutters, not a requirement. As of this writing (June 2019), these fees were $374 per month.  These fees cover Common Areas, Insurance-Bldg, Lawn Care, Maintenance Exterior, Manager, Recreational Facilities, Reserve Funds, Water, and Sewer.

Woodmill Pond Townhomes in Stuart FL

All homes in Woodmill Pond are 3 bedrooms with 2 and ½ bathrooms.  The ones built in 2007 have 2,076 sq. ft. of living area (under air conditioned space) while those built in 2010 are larger with 2,299 sq. ft.  There’s a clubhouse and a heated community swimming pool.  Up to two pets are allowed per unit and rentals are also permitted with some restrictions.

Children living in Woodmill Pond attend Seawind Elementary, Murray Middle, and South Fork High schools.

  • Woodmill Pond Townhomes in Stuart FL
  • Woodmill Pond Townhomes in Stuart FL

Very close to a number of golf courses as well as just minutes to historic downtown Stuart to the north and the Town of Jupiter to the south.  Also close to shopping, restaurants, beaches, boating facilities and medical services.

Search here for Woodmill Pond townhomes in Stuart FL

Recent market reports:

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.

Woodmill Pond Townhomes in Stuart FL June 2020 Market Report

Florida Townhouses and Condos May 2020 Market Report

06.24.20 by

Florida Townhouses and Condos May 2020 Market Report

Florida Townhouses and Condos market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year.  Closed sales were down by 50.3% as compared to last month’s decrease of 36.5%.  New sales under contract (new pending sales) decreased by 16.8% (In April there was an 56.6% decrease).

Prices, however, increased for April.  The median sales price was up by 3.3% (was up by 7.7% in April), while the average sales price increased by 1.0% (was up 0.7% in April).

The inventory of active listings decreased by 4.3% from April of last year.  This results in 6.0 months of inventory as compared to 5.9 months for March 2019.  Moving into a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos May 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos May 2020 Market Report

Florida Townhouses and Condos April 2020 Market Report

05.22.20 by

Florida Townhouses and Condos April 2020 Market Report

Florida Townhouses and Condos market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year.  Closed sales were down by 36.5% as compared to last month’s increase of 4.7%.  New sales under contract (new pending sales) decreased by 56.6% (In February there was an 35.0% decrease).

Prices, however, increased for April.  The median sales price was up by 7.7% (was up by 10.8% in March), while the average sales price increased by 0.7% (was up 7.2% in March).

The inventory of active listings decreased by 6.9% from April of last year.  This results in 5.7 months of inventory as compared to 6.1 months for March 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos April 2020 Market Report

Florida Townhouses and Condos March 2020 Market Report

04.24.20 by

Florida Townhouses and Condos March 2020 Market Report

Florida Townhouses and Condos had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector.  Closed sales were up by 4.7% as compared to last month’s increase of 10.8%.  New sales under contract (new pending sales) decreased by 35.0% (In February there was an 13.9% increase).

Prices were up for March.  The median sales price was up by 10.8% (was up by 6.7% in February), while the average sales price increased by 7.2% (was up 2.6% in February).

The inventory of active listings decreased by 8.5% from March of last year.  This results in 5.5 months of inventory as compared to 6.3 months for March 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos March 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos March 2020 Market Report

Florida Townhouses and Condos February 2020 Market Report

03.24.20 by

Florida Townhouses and Condos February 2020 Market Report

For February 2020, Florida Townhouses and Condos continued the new year with strong sales activity.  Closed sales were up by 10.8% as compared to last month’s increase of 14.5%.  New sales under contract (new pending sales) increased by 13.9% (In January there was an 14.3% increase).

Prices were also up for February.  The median sales price was up by 6.7% (was up by 8.1% in January), while the average sales price increased by 2.6% (was up 7.5% in January).

The inventory of active listings decreased by 13.1% from February of last year.  This results in 5.4 months of inventory as compared to 6.4 months for February 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos February 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos February 2020 Market Report

Florida Townhouses and Condos January 2020 Market Report

03.03.20 by

Florida Townhouses and Condos January 2020 Market Report

For January 2020, Florida Townhouses and Condos began 2020 with strong sales activity.  Closed sales were up by 14.5% as compared to last month’s increase of 17.7%.  New sales under contract (new pending sales) increased by 14.3% (In December there was an 8.3% increase).

Prices were also up for January.  The median sales price was up by 8.1% (was up by 9.6% in December), while the average sales price increased by 7.5% (was up 11.5% in December).

The inventory of active listings decreased by 11.7% from January of last year.  This results in 5.5 months of inventory as compared to 6.3 months for January 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos January 2020 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent market reports:

Florida Townhouses and Condos January 2020 Market Report

Florida Townhouses and Condos December 2019 Market Report

01.24.20 by

Florida Townhouses and Condos December 2019 Market Report

For December 2019, Florida Townhouses and Condos ended 2019 with very strong sales activity.  Closed sales were up by 17.7% as compared to last month’s decrease of 6.3%.  New sales under contract (new pending sales) increased by 8.3% (In November there was an 8.6% increase).

Prices were also up for December.  The median sales price was up by 8.1% (was up by 5.4% in November), while the average sales price increased by 11.5& (was up 1.9% in November).

The inventory of active listings decreased by 9.7% from December of last year.  This results in 5.2 months of inventory as compared to 5.8 months for December 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2019 Market Report
Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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 Townhouses and Condos December 2019 Market Report

Recent Posts:

Florida Townhouses and Condos November 2019 Market Report

12.23.19 by

Florida Townhouses and Condos November 2019 Market Report

For November 2019, Florida Townhouses and Condos had mixed sales results when compared to last November.  Closed sales were down by 6.3% as compared to last month’s decrease of 0.5%.  New sales under contract (new pending sales) increased by 8.6% (In October there was a 4.2% increase).

Prices, though, were up for November.  The median sales price was up by 5.4% (was up by 5.8% in October), while the average sales price increased by 1.9% (was up 2.9% in October).

The inventory of active listings decreased by 7.1% from November of last year.  We now have 5.5 months of inventory as compared to 5.7 months for November 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2019 Market Report

Click here to download the full report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Posts:

Florida Townhouses and Condos November 2019 Market Report

Florida Townhouses and Condos October 2019 Market Report

12.10.19 by

Florida Townhouses and Condos October 2019 Market Report

For October 2019, Florida Townhouses and Condos had mixed sales results when compared to last October.  Closed sales were down by 0.5% as compared to last month’s increase of 6.1%.  New sales under contract (new pending sales) increased by 4.2% (In September there was a 0.4% decrease).

Prices, though, were up for October.  The median sales price was up by 5.8% (was also up by 5.8% in September), while the average sales price increased by 2.9% (was up 1.3% in September).

The inventory of active listings decreased by 3.7% from October of last year.  We now have 5.4 months of inventory as compared to 5.5 months for October 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors:

Click here to view or download the full report.

View previous Florida townhouses and condo market reports by clicking this link.

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 Townhouses and Condos October 2019 Market Report

Florida Townhouses and Condos September 2019 Market Report

11.01.19 by

Florida Townhouses and Condos September 2019 Market Report

For September 2019, Florida Townhouses and Condos had mixed sales results when compared to last September.  Closed sales were up by 6.1% as compared to last month’s decrease of 2.9%.  New sales under contract (new pending sales) decreased by 0.4% (In August there was a 1.4% decrease).

Prices, though, were up for September.  The median sales price was up by 5.8% (was up by 2.7% in August), while the average sales price increased by 1.3% (was up 3.1% in August).

The inventory of active listings decreased by 0.6% from September of last year.  We now have 5.3 months of inventory which is the same as the 5.3 months for September 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos September 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors:

Click here to view or download the full report.

View previous Florida townhouses and condo market reports by clicking this link.

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 Townhouses and Condos September 2019 Market Report

Florida Townhouses and Condos August 2019 Market Report

10.03.19 by

Florida Townhouses and Condos August 2019 Market Report

The August Florida Townhouses and Condos Market Report had a slightly less active month for sales when compared to last August.  Closed sales were down by 2.9% as compared to last month’s increase of 4.3% and new sales under contract (new pending sales) decreased by 1.4% (In July there was a 3.3% increase).

Prices, though, were up for August.  The median sales price was up by 2.7% (was up by 4.4% in July), while the average sales price increased by 3.1% (was up 4.1% in July).

The inventory of active listings increased by 0.5% from August of last year.  We now have 5.4 months of inventory as compared to 5.3 months for August 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos August 2019 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.