May 2013 Monthly Market Detail St Lucie County Townhouses and Condos

May 2013 Monthly Market Detail St Lucie County Townhouses and Condos

Excellent activity continues for the May 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors.   Year to year closed sales were up by 12.5% and new sales under contract (new pending sales) increased by 43.4%

The median sales price dipped slightly by 4.1% and the average sales price was off by 1.1% from May of last year. 

The inventory of available townhouses and condos have decreased to 884 units which id down by 26.9% from last May.  Current supply of inventory is now 8.5 months (a 41.4% decrease from last year).   While these results are not quite as strong as in the single family market, they still show strong gains from previous years.  It is just a matter of time before prices start rising a bit more dramatically.  This current environment is an excellent opportunity for buyers looking into the Saint Lucie County real estate market for townhouses and condos.

 

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Click here to view or download the full report:
May 2013 Monthly Market Detail St Lucie County Townhouses and Condos

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.

May 2013 Monthly Market Detail St Lucie County Townhouses and Condos

May 2013 Monthly Market Detail Martin County Townhouses and Condos

May 2013 Monthly Market Detail Martin County Townhouses and Condos

Another set of positive results reported by Florida Realtors for the May 2013 Monthly Market Detail Martin County Townhouses and Condos.   Year to year closed sales were up by 28% and new sales under contract (new pending sales) increased by a very impressive 56.6%

The median sales price decreased by 5.5% while the average sales price rose by 9.74% as compared to May of 2012.

The inventory of available townhouses and condos have decreased to 612 units which is a decrease of 28.4% from last May.  Current supply of inventory is only 6.2 months (a 39.2% decrease from last year).  For the Martin County townhouse and condo market, these results are very similar to our single family home market as both segments rapidly approach a balanced market that favors neither the buyer nor seller.

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Click here to view or download the full report:
May 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

May 2013 Monthly Market Detail Martin County Townhouses and Condos

April 2013 Monthly Market Detail St. Lucie County Townhouses and Condos

April 2013 Monthly Market Detail St. Lucie County Townhouses and Condos

Good activity continues as reported by Florida Realtors for the April 2013 Monthly Market Detail St. Lucie County Townhouses and Condos.   Year to year closed sales were up by 12.4% and new sales under contract (new pending sales) increased by 56%

Both the median and average sales prices have shown gains this month of 18,7% and 6.5% respectively. 

The inventory of available townhouses and condos have decreased to 904 units which id down by 26% from last April.  Current supply of inventory is now 8.8 months (a 40.9% decrease from last year).   While these results are not quite as strong as in the single family market, they still show strong gains from previous years.  It is just a matter of time before prices start rising a bit more dramatically.  This current environment is an excellent opportunity for buyers looking into the Saint Lucie County real estate market for townhouses and condos.

April 2013 Market Detail Saint Lucie County Townhouses and Condos

Here’s the summary chart from the Florida Realtors report:

 

Click here to view or download the full report:
April 2013 Monthly Market Detail St. Lucie County Townhouses and Condos

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.

April 2013 Monthly Market Detail St. Lucie County Townhouses and Condos

April 2013 Monthly Market Detail Martin County Townhouses and Condos

April 2013 Monthly Market Detail Martin County Townhouses and Condos

Another set of positive results reported by Florida Realtors for the April 2013 Monthly Market Detail Martin County Townhouses and Condos.   Year to year closed sales were up by an impressive 39.7% and new sales under contract (new pending sales) increased by  45.8%

The median and average sales prices also increased by 33.9% and 13.4% respectively from April of 2012.

The inventory of available townhouses and condos have decreased to 645 units which id down by 26.3% from last April.  Current supply of inventory is only 6.7 months (a 36.7% decrease from last year).  For the Martin County townhouse and condo market, these results are very similar to our single family home market as both segments rapidly approach a balanced market that favors neither the buyer nor seller.

Here’s the summary chart from the Florida Realtors report:April 2013 Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
April 2013 Monthly Market Detail Martin County Townhouses and Condos

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.

April 2013 Monthly Market Detail Martin County Townhouses and Condos

April 2013 Monthly Market Detail Martin County Single Family Homes

April 2013 Monthly Market Detail Martin County Single Family Homes

Another excellent month as reported by Florida Realtors for the April 2013 Monthly Market Detail Martin County Single Family Homes.   Year to year closed sales were up by 28.9% and new sales under contract (new pending sales) increased by 47.3%

Both the median and average sales prices have risen year over year by 23.5% and 32% respectively.

The inventory of available single family homes have decreased to 1216 units which id down by 29.1% from last April.  Current supply of inventory is only 7.2 months (a 41.5% decrease from last year).   If this trend continues (and we see no reason to doubt it) we will soon be in a balanced market for the single family real estate market in Martin County.  There’s no reason not to expect a sellers market should the inventory continue to decrease.April 2013 Market Detail Martin County Single Family

Here’s the summary chart from the Florida Realtors report:

 

Click here to view or download the full report:
April 2013 Monthly Market Detail Martin County Single Family Homes

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.

April 2013 Monthly Market Detail Martin County Single Family Homes