St Lucie County Townhouses and Condos April 2018 Market Report

St Lucie County Townhouses and Condos April 2018 Market Report

The St Lucie County Townhouses and Condos April 2018 Market Report reported quite strong sales activity when compared to last year.  Closed sales were up by 2.4% from last year (was up by 9.3% in March) while new pending sales were up by 14.5% for April (was up by 12.8% in March).

Prices, however, were down from the same period last year.  The median price decreased by 1.7% from last year (was up by 11.0% in March) while the average sales price decreased by 2.9% (was up by 18.2% in March).  This is the first month in quite some time with decreasing prices.

The inventory of available townhouses and condos decreased by 27 units from last month to 548 units, which is 3.5% less than April 2017. The current supply is 5.3 months, which is 11.7% less than the 6.0 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a 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 April 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos April 2018 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 April 2018 Market Report

Martin County Townhouses and Condos April 2018 Market Report

Martin County Townhouses and Condos April 2018 Market Report

Martin County Townhouses and Condos April 2018 Market Report showed mixed sales activity when compared to last year.  Closed sales for the month were down by 3.8% (were up by 6.8% in March) while new sales under contract (new pending sales) were up by 25.2% from April 2017 (decreased by 16.1 in March).

Prices continue to rise as the median sales price increased by 17.8% (was up by 3.3% in March) while the average sales price increased by 12.0% (was up by 14.0% in March) as compared to April of 2017.

The inventory of available townhouses and condos decreased by 15 units to 430 properties as compared to last month.  This is 0.5% lower inventory then the April 2017 data.  Currently, there’s a 4.4 month supply of inventory (compared to 4.6 months for April 2017).  Remaining in a strong 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 April 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos April 2018 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.

Martin County Townhouses and Condos April 2018 Market Report

St Lucie County Townhouses and Condos March 2018 Market Report

St Lucie County Townhouses and Condos March 2018 Market Report

The St Lucie County Townhouses and Condos March 2018 Market Report reported quite strong closed activity though weaker pending numbers as well as compared to last year.  Closed sales were up by 9.3% from last year (was up by 24.3% in February) while new pending sales were down by 12.8% for March (was up by 10.9% in February).

Prices continued to rise with the median price increasing by 11.0% from last year (was up by 13.8% in February) while the average sales price increased by 18.2% (was up by 18.7% in February).

The inventory of available townhouses and condos decreased by 5 units from last month to 575 units, which is 1.1% less than March 2017. The current supply is 5.6 months, which is 5.1% less than the 5.9 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a 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 March 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos March 2018 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 March 2018 Market Report

Martin County Townhouses and Condos March 2018 Market Report

Martin County Townhouses and Condos March 2018 Market Report

Martin County Townhouses and Condos March 2018 Market Report showed mixed sales activity when compared to last year.  Closed sales for the month were up by 6.8% (were down by 2.0% in February) while new sales under contract (new pending sales) were down by 16.1% from March 2017 (decreased by 5.8 in February).

Prices, however, continued their rise as the median sales price increased by 3.3% (was up by 4.7% in February) while the average sales price increased by 14.0% (was up by 7.0% in February) as compared to March of 2017.

The inventory of available townhouses and condos increased by 8 units to 445 properties as compared to last month.  This is he same as the March 2017 inventory.  Currently, there’s a 4.5 month supply of inventory (compared to 4.7 months for March 2017).  Remaining in a strong 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 March 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos March 2018 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.

Martin County Townhouses and Condos March 2018 Market Report

Sawgrass Villas Palm City April 2018 Market Report

Sawgrass Villas Palm City April 2018 Market Report

For April 2018 there is 1 townhome available for sale in the Sawgrass Villas community of Palm City Florida.  This property is listed for sale at a price of $245,000 which equals $117.85 per sq. ft. of living area.

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

In the past 12 months 6 homes have sold in Sawgrass Villas.  Sales prices ranged from $190,000 up to $230,000 for an average sales price of $212,917 which works out to $121.94 per sq. ft. of living area.  These homes sold for 96% of list price and also averaged 36 days on market before going under contract.

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City

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 Sawgrass Villas in Palm City

The HOA fees (March 2018) are a very reasonable $365 per month as this includes 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