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

Martin County Townhouses and Condos April 2021 Market Report

Martin County Townhouses and Condos April 2021 Market Report

The Martin County Townhouses and Condos market resulted in very strong activity when compared to last year. Closed sales for the month were up by 87.5%.  They were up by 12.6% in March.  New sales under contract (new pending sales) were up by 125.8% from last year.  They were up by 95.5% in March.

Prices were also up for April.  The median sales price increased by 16.5% (was up by 22.0% last month). While the average sales price increased by 36.0% (was up by 18.5% in March).

The inventory of available townhouses and condos decreased by 7 units to 204 properties.  This is a 51.2% smaller inventory than we had in April 2020.  Currently, there’s a 1.9 months supply of inventory (compared to 4.6 months for April 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos April 2021 Market Report

Search for previous Martin County townhouses and condos market reports

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.

Martin County Townhouses and Condos April 2021 Market Report

St Lucie County Townhouses and Condos March 2021 Market Report

St Lucie County Townhouses and Condos March 2021 Market Report

The St Lucie County Townhouses and Condos market for March 2021 continues to show strong activity when compared to March of 2020. Closed sales were up by 61.9% from last year (were up by 17.4% in February). New pending sales were up by 166.7% for March (they were up by 61.9% last month).

The March prices were also up.  The median price increased by 32.7% from last year (was up by 32.1% in February) while the average sales price increased by 32.3% (was up by 12.8% in February).

The inventory of available townhouses and condos decreased by 46 units from last month to 236 residences. This is 61.8% less inventory than we had in March 2020. The current inventory supply is 2.0 months, as compared to 6.3 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 March 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 March 2021 Market Report

Martin County Townhouses and Condos March 2021 Market Report

Martin County Townhouses and Condos March 2021 Market Report

The Martin County Townhouses and Condos market continues to show strong activity when compared to last year. Closed sales for the month were up by 12.6%.  They were up by 21.2% in February.  New sales under contract (new pending sales) were up by 95.5% from last year.  They were up by 14.7% in February.

Prices were also up for March.  The median sales price increased by 22.0% (was up by 30.3% last month). While the average sales price increased by 18.5% (was up by 16.0% in February).

The inventory of available townhouses and condos decreased by 57 units to 211 properties.  This is a 51.8% smaller inventory than we had in March 2020.  Currently, there’s a 2.0 months supply of inventory (compared to 4.7 months for March 2020).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos March 2021 Market Report

Search for previous Martin County townhouses and condos market reports

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.

Martin County Townhouses and Condos March 2021 Market Report

Sawgrass Villas Palm City April 2021 Market Report

Sawgrass Villas Palm City April 2021 Market Report

For April 2021, there is 1 townhome available for sale in the Sawgrass Villas community of Palm City Florida. The list price is $269,500 which is $166.36 per sq. ft. of living area.

There are no townhomes that are under contract at this time.

In the past 12 months, 4 homes have sold in Sawgrass Villas.  Sales prices ranged from $252,000 up to $282,000.  This equals an average sales price of $262,750 which works out to $135.17 per sq. ft. of living area.  These homes sold for an average of 97% of list price and also averaged 38 days on the market before going under contract.

Click here for previous Sawgrass Villas market reports!

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City FL

Built in 2005, the Sawgrass Villas of Palm City are one of the few newer affordable townhome style condos in the area.  There are 52 units with two different floor plans.  All are 3 bedroom, 2 bathroom with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones.  With a rare exception, all of these townhouses have a 1 car garage.

Sawgrass Villas in Palm City

Great location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south.

Sawgrass Villas in Palm City

The HOA fees include building maintenance and insurance, landscaping, trash pickup, Cable TV,  and exterior pest control.

Sawgrass Villas in Palm City

Live the easy maintenance and worry-free life in these solid concrete townhomes featuring Hardi-plank siding and metal roofs.

Click here to search for Sawgrass Villas homes for sale

Recent Market Report Posts:

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

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

Sawgrass Villas Palm City April 2021 Market Report