St Lucie County Townhouses and Condos September 2019 Market Report

St Lucie County Townhouses and Condos September 2019 Market Report

The St Lucie County Townhouses and Condos market for September 2019 showed mixed activity as compared to last year.  Closed sales were up by 1.3% from last year (were down by 29.9% in August). New pending sales were down by 11.3% for September (they were down by 14.4% in August).

Prices were lower for September.  The median price decreased by 3.3% from last year (was up by 4.9% in August) while the average sales price decreased by 17.8% (was down by 23.3% in August).

The inventory of available townhouses and condos increased by 17 units from last month to 548 units, which is 8.3% greater than September 2018. The current inventory is 5.6 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos market reports

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

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

St Lucie County Townhouses and Condos September 2019 Market Report

Martin County Townhouses and Condos September 2019 Market Report

Martin County Townhouses and Condos September 2019 Market Report

The Martin County Townhouses and Condos September Market Report had mixed sales activity when compared to last year.  Closed sales for the month were down by 17.8%.  They were up by 1.2% in August.  While new sales under contract (new pending sales) were up by 17.5% from September 2018.  They decreased by 19.6% in August.

Prices were up significantly for September.  The median sales price increased by 16.8% (was down by 11.7% in August) while the average sales price increased by 29.0% (was down by 19.1% in August).

The inventory of available townhouses and condos decreased by 25 units to 335 properties.  This is a 3.2% smaller inventory then we had for in September 2018.  Currently, there’s a 3.7 month supply of inventory (compared to 3.0 months for September 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos September 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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

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

Martin County Townhouses and Condos September 2019 Market Report

St Lucie County Townhouses and Condos August 2019 Market Report

St Lucie County Townhouses and Condos August 2019 Market Report

The St Lucie County Townhouses and Condos market for August 2019 has now had four consecutive months of activity that is weaker than last year..  Closed sales were down by 29.9% from last year (were down by 6.8% in July). New pending sales were down by 14.4% for August (they were down by 11.3% in July).

Prices were mixed for August.  The median price increased by 4.9% from last year (was down by 10.1% in July) while the average sales price decreased by 23.3% (was up by 4.8% in July).

The inventory of available townhouses and condos decreased by 21 units from last month to 531 units, which is 7.7% greater than August 2018. The current inventory is 5.5 months, as compared to 4.7 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos market reports

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

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

St Lucie County Townhouses and Condos August 2019 Market Report

Martin County Townhouses and Condos August 2019 Market Report

Martin County Townhouses and Condos August 2019 Market Report

The Martin County Townhouses and Condos August Market Report had mixed sales activity when compared to last year.  Closed sales for the month were up by 1.2%.  They were down by 4.3% in July.  While new sales under contract (new pending sales) were down by 19.6% from August 2018.  They increased by 14.0% in July.

Prices were down for August.  The median sales price decreased by 11.7% (was up by 3.1% in July) while the average sales price decreased by 19.1% (was down by 10.2% in July).

The inventory of available townhouses and condos increased by 2 units to 360 properties.  This is a 20.4% greater inventory then we had for in August 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.0 months for August 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos August 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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

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

Martin County Townhouses and Condos August 2019 Market Report

St Lucie County Townhouses and Condos July 2019 Market Report

St Lucie County Townhouses and Condos July 2019 Market Report

The St Lucie County Townhouses and Condos market for July 2019 is now in the third month of weaker sales activity.  Closed sales were down by 6.8% from last year (were down by 4.6% in June) while new pending sales were down by 11.3% for July (they were down by 5.8% in June).

Prices were mixed for July.  The median price decreased by 10.1% from last year (was up by 10.4% in June) while the average sales price increased by 4.8% (was up by 4.2% in June).

The inventory of available townhouses and condos increased by 7 units from last month to 552 units, which is 14.0% greater than July 2018. The current inventory is 5.5 months, as compared to 4.7 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos July 2019 Market Report

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

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

St Lucie County Townhouses and Condos July 2019 Market Report