Martin County Townhouses and Condos November 2020 Market Report

12.28.20 by

Martin County Townhouses and Condos November 2020 Market Report

The Martin County Townhouses and Condos market continues to show strong activity. Closed sales for the month were up by 74.2%.  They were up by 38.9% in October.  New sales under contract (new pending sales) were up by 49.3% from last month.  They were up by 21.9% for October.

Prices were also up for November.  The median sales price increased by 20.5% (was up by 10.8% last month). While the average sales price increased by 6.3% (was up by 12.8% in October).

The inventory of available townhouses and condos increased by 3 units to 289 properties.  This is a 22.5% smaller inventory than we had in November 2019.  Currently, there’s a 3.0 months supply of inventory (compared to 4.1 months for November 2019).  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 November 2020 Market Report
Click here to download the full 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 November 2020 Market Report

St Lucie County Townhouses and Condos October 2020 Market Report

11.27.20 by

St Lucie County Townhouses and Condos October 2020 Market Report

The St Lucie County Townhouses and Condos market for October 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 102.5% from last year (were up by 68.4% in September). New pending sales were up by 42.6% for October (they were up by 145.1% last month).

October prices were also up.  The median price increased by 17.5% from last year (was down by 2.4% in September) while the average sales price increased by 35.4% (was up by 12.6% in September).

The inventory of available townhouses and condos decreased by 25 units from last month to 362 units. This is 37.2% less inventory than we had in October 2019. The current inventory supply is 3.5 months, as compared to 6.0 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 September 2020 Market Report

 

Click to download the full 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 October 2020 Market Report

Martin County Townhouses and Condos October 2020 Market Report

11.25.20 by

Martin County Townhouses and Condos October 2020 Market Report

The Martin County Townhouses and Condos market continues to show strong activity. Closed sales for the month were up by 38.9%.  They were up by 37.5% in September.  New sales under contract (new pending sales) were up by 21.9% from last month.  They were up by 82.4% for September.

Prices were also up for October.  The median sales price increased by 10.8% (was up by 24.6% last month). While the average sales price increased by 12.8% (was up by 21.1% in September).

The inventory of available townhouses and condos decreased by 13 units to 286 properties.  This is a 22.7% smaller inventory than we had in October 2019.  Currently, there’s a 3.0 months supply of inventory (compared to 4.1 months for October 2019).  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 October 2020 Market Report
Click here to download the full 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 October 2020 Market Report

Sawgrass Villas Palm City October 2020 Market Report

10.31.20 by

Sawgrass Villas Palm City October 2020 Market Report

For October 2020 there is 1 townhome available for sale in the Sawgrass Villas community of Palm City Florida. The list price is $265,000 which is $163.58 per sq. ft. of living area.

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

In the past 12 months, 5 homes have sold in Sawgrass Villas.  Sales prices ranged from $235,500 up to $260,000.  This equals an average sales price of $246,500 which works out to $138.23 per sq. ft. of living area.  These homes sold for an average of 98% of list price and also averaged 25 days on 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 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.

Sawgrass Villas Palm City October 2020 Market Report

St Lucie County Townhouses and Condos September 2020 Market Report

10.30.20 by

St Lucie County Townhouses and Condos September 2020 Market Report

The St Lucie County Townhouses and Condos market for September 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 68.4% from last year (were up by 44.7% in August). New pending sales were up by 145.1% for September (they were up by 43.2% last month).

September prices were mixed.  The median price decreased by 2.4% from last year (was up by 35.5% in August) while the average sales price increased by 12.6% (was up by 30.7% in August).

The inventory of available townhouses and condos decreased by 15 units from last month to 387 units. This is 29.4% less inventory than we had in September 2019. The current inventory supply is 4.0 months, as compared to 5.6 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 September 2020 Market Report

 

Click to download the full 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 September 2020 Market Report

Martin County Townhouses and Condos September 2020 Market Report

10.28.20 by

Martin County Townhouses and Condos September 2020 Market Report

The Martin County Townhouses and Condos market continues to show strong activity. The effects of the current pandemic seem to be pretty nonexistent. Closed sales for the month were up by 37.5%.  They were up by 31.3% in August.  New sales under contract (new pending sales) were up by 82.4% from last month.  They were up by 23.3% for August.

Prices were also up for September.  The median sales price increased by 24.6% (was up by 26.6% last month). While the average sales price increased by 21.1% (was up by 24.5% in August).

The inventory of available townhouses and condos decreased by 19 units to 299 properties.  This is a 10.7% smaller inventory than we had in September 2019.  Currently, there’s a 3.3 months supply of inventory (compared to 3.7 months for September 2019).  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 September 2020 Market Report
Click here to download the full 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 September 2020 Market Report

St Lucie County Townhouses and Condos August 2020 Market Report

09.30.20 by

St Lucie County Townhouses and Condos August 2020 Market Report

The St Lucie County Townhouses and Condos market for August 2020 is recovering nicely from the effects of the current pandemic. Closed sales were up by 44.7% from last year (were up by 23.6% in July). New pending sales were up by 43.2% for August (they were up by 46.1% last month).

August prices were also up.  The median price increased by 35.5% from last year (was up by 35.9% in July) while the average sales price increased by 30.7% (was up by 16.4% in July).

The inventory of available townhouses and condos decreased by 66 units from last month to 402 units. This is 24.3% less inventory than we had in August 2019. The current inventory supply is 4.3 months, as compared to 5.5 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 August 2020 Market Report

 

Click to download the full 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 August 2020 Market Report

Martin County Townhouses and Condos August 2020 Market Report

09.28.20 by

Martin County Townhouses and Condos August 2020 Market Report

The Martin County Townhouses and Condos market is now showing strong recovery from the effects of the current pandemic. Closed sales for the month were up by 31.3%.  They were up by 5.2% in July.  New sales under contract (new pending sales) were up by 23.3% from last month.  They were up by 34.7% for July.

Prices were also up for August.  The median sales price increased by 26.6% (was down by 5.6% last month). While the average sales price increased by 24.5% (was up by 7.4% in July).

The inventory of available townhouses and condos decreased by 47 units to 318 properties.  This is an 11.7% smaller inventory then we had in August 2019.  Currently, there’s a 3.6 months supply of inventory (compared to 3.9 months for August 2019).  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 August 2020 Market Report
Click here to download the full 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 August 2020 Market Report

St Lucie County Townhouses and Condos July 2020 Market Report

08.26.20 by

St Lucie County Townhouses and Condos July 2020 Market Report

The St Lucie County Townhouses and Condos market for July 2020 is recovering nicely from the effects of the current pandemic. Closed sales were up by 23.6% from last year (were down by 19.2% in June). New pending sales were up by 46.1% for July (they were up by 26.3% last month).

July’s prices were also up.  The median price increased by 35.9% from last year (was down by 1.7% in June) while the average sales price increased by 16.4% (was down by 4.7% in June).

The inventory of available townhouses and condos decreased by 21 units from last month to 468 units. This is 15.2% less inventory than we had in July 2019. The current inventory supply is 5.2 months, as compared to 5.5 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 July 2020 Market Report

 

Click to download the full 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 July 2020 Market Report

Martin County Townhouses and Condos July 2020 Market Report

08.24.20 by

Martin County Townhouses and Condos July 2020 Market Report

The Martin County Townhouses and Condos market is now showing strong recovery from the effects of the current pandemic. Closed sales for the month were up by 5.2%.  They were down by 5.9% in June.  New sales under contract (new pending sales) were up by 34.7% from last month.  They were up by 38.6% for June.

Prices were also up for July.  The median sales price decreased by 5.6% (was down by 6.0% last month). While the average sales price increased by 7.4% (was down by 9.4% in June).

The inventory of available townhouses and condos decreased by 12 units to 365 properties.  This is a 2.0% greater inventory then we had in July 2019.  Currently, there’s a 4.2 months supply of inventory (compared to 3.9 months for July 2019).  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 July 2020 Market Report
Click here to download the full 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 July 2020 Market Report

St Lucie County Townhouses and Condos June 2020 Market Report

07.29.20 by

St Lucie County Townhouses and Condos June 2020 Market Report

The St Lucie County Townhouses and Condos market for June 2020 is still showing the effects of the current pandemic. Closed sales remain down when compared to last year but pending sales have risen. So, it appears that there’s some light at the end of the tunnel. Closed sales were down by 19.2% from last year (were down by 41.1% in May). New pending sales were up by 26.3% for April (they were down by 16.9% last month).

June’s prices were also down.  The median price decreased by 1.7% from last year (was down by 10.9% in May) while the average sales price decreased by 4.7% (was down by 0.6% in May).

The inventory of available townhouses and condos decreased by 102 units from last month to 489 units. This is 10.3% less inventory than we had in June 2019. The current inventory supply is 5.6 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate has drifted back into 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 June 2020 Market Report

 

Click to download the full 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 June 2020 Market Report

Martin County Townhouses and Condos June 2020 Market Report

07.27.20 by

Martin County Townhouses and Condos June 2020 Market Report

The Martin County Townhouses and Condos market is now showing some recovery from the effects of the current pandemic. Closed sales are down for the month, but not as extreme as last month, when compared to last year.  Though, the good news is that new pending sales have begun to rise. Closed sales for the month were down by 5.9%.  They were down by 38.3% in May.  New sales under contract (new pending sales) were up by 38.6% from last month.  They were up by 7.5% for May.

Prices, though, were down for June.  The median sales price decreased by 6.0% (was up by 3.0% last month). While the average sales price decreased by 9.4% (was up by 25.9% in May).

The inventory of available townhouses and condos decreased by 48 units to 377 properties.  This is a 4.3% smaller inventory then we had in June 2019.  Currently, there’s a 4.4 months supply of inventory (compared to 4.3 months for June 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, 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 June 2020 Market Report
Click here to download the full 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 June 2020 Market Report

St Lucie County Townhouses and Condos May 2020 Market Report

06.30.20 by

St Lucie County Townhouses and Condos May 2020 Market Report

The St Lucie County Townhouses and Condos market for April 2020 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 41.1% from last year (were down by 43.8% in April). New pending sales were down by 16.9% for April (they were down by 54.6% last month).

April prices were also down.  The median price decreased by 8.4% from last year (was up by 10.9% in March) while the average sales price decreased by 0.6% (was up by 9.6% in March).

The inventory of available townhouses and condos decreased by 27 units from last month to 591 units. This is 4.5% less than we had in April 2019. The current inventory is 6.6 months, as compared to 5.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a balanced 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 May 2020 Market Report

 

Click to download the full 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 May 2020 Market Report

Martin County Townhouses and Condos May 2020 Market Report

06.26.20 by

Martin County Townhouses and Condos May 2020 Market Report

The Martin County Townhouses and Condos market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year.  Though, the good news is that new pending sales have begun to rise. Closed sales for the month were down by 38.3%.  They were down by 26.1% in April.  New sales under contract (new pending sales) were up by 7.5% from last month.  They were down by 38.9% for April.

Prices, though, were up for April.  The median sales price increased by 3.0% (was up by 4.8% last month). While the average sales price increased by 25.9% (was up by 9.5% in April).

The inventory of available townhouses and condos increased by 7 units to 425 properties.  This is a 1.4% smaller inventory then we had in April 2019.  Currently, there’s a 4.9 months supply of inventory (compared to 4.6 months for May 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, 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 May 2020 Market Report
Click here to download the full 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 May 2020 Market Report

St Lucie County Townhouses and Condos April 2020 Market Report

05.28.20 by

St Lucie County Townhouses and Condos April 2020 Market Report

The St Lucie County Townhouses and Condos market for April 2020 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 43.8% from last year (were down by 3.0% in March). New pending sales were down by 54.6% for April (they were down by 30.2% in March).

March prices, however, rose.  The median price increased by 10.9% from last year (was down by 10.9% in March) while the average sales price increased by 9.66% (was up by 0.6% in March).

The inventory of available townhouses and condos decreased by 19 units from last month to 618 units. This is 4.5% less than we had in April 2019. The current inventory is 6.4 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

 

Click to download the full 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 2020 Market Report

Martin County Townhouses and Condos April 2020 Market Report

05.26.20 by

Martin County Townhouses and Condos April 2020 Market Report

The Martin County 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 for the month were down by 26.1%.  They were up by 16.7% in March.  New sales under contract (new pending sales) were down by 38.9% from last month.  They were down by 33.1% for February.

Prices, though, were up for April.  The median sales price increased by 4.8% (was up by 25.6% in March). While the average sales price increased by 9.5% (was up by 32.6% in March).

The inventory of available townhouses and condos decreased by 20 units to 418 properties.  This is a 6.3% smaller inventory then we had in April 2019.  Currently, there’s a 4.6 months supply of inventory (compared to 4.7 months for April 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, 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

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 2020 Market Report

St Lucie County Townhouses and Condos March 2020 Market Report

04.30.20 by

St Lucie County Townhouses and Condos March 2020 Market Report

The St Lucie County Townhouses and Condos market for March 2020 had weaker closed sales activity for March and new pending sales are off considerably. I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were down by 3.0% from last year (were up by 7.5% in January). New pending sales were down by 30.2% for March (they were down by 9.4% in February).

March prices were mostly lower as well.  The median price decreased by 10.9% from last year (was up by 24.1% in February) while the average sales price increased by .06% (was up by 22.4% in January).

The inventory of available townhouses and condos increased by 2 units from last month to 618 units. This is 0.8% less than we had in March 2019. The current inventory is 6.3 months, as compared to 6.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market is now in a balanced 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 2020 Market Report

 

Click to download the full 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 2020 Market Report

Martin County Townhouses and Condos March 2020 Market Report

04.28.20 by

Martin County Townhouses and Condos March 2020 Market Report

The Martin County Townhouses and Condos report 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 for the month were up by 16.7%.  They were up by 21.4% in February.  New sales under contract (new pending sales) were down by 33.1% from last month.  They were up by 31.6% for February.

Prices, though, were up sharply for March.  The median sales price increased by 25.6% (was up by 3.2% in February). While the average sales price increased by 32.6% (was up by 9.3% in February).

The inventory of available townhouses and condos increased by 27 units to 438 properties.  This is a 2.9% smaller inventory then we had in March 2019.  Currently, there’s a 4.7 months supply of inventory (compared to 4.7 months for March 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, 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 2020 Market Report
Click here to download the full 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 2020 Market Report

Sawgrass Villas Palm City April 2020 Market Report

04.13.20 by

Sawgrass Villas Palm City April 2020 Market Report

For April 2020 there are no townhomes available for sale in the Sawgrass Villas community of Palm City Florida.

There are also 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 $225,000 up to $245,000.  This equals an average sales price of $238,417 which works out to $141.61 per sq. ft. of living area.  These homes sold for an average of 97% of list price and also averaged 20 days on 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 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.

Sawgrass Villas Palm City April 2020 Market Report

St Lucie County Townhouses and Condos February 2020 Market Report

03.30.20 by

St Lucie County Townhouses and Condos February 2020 Market Report

The St Lucie County Townhouses and Condos market for February 2020 had mixed sales activity for the second month of the year.  Closed sales were up by 7.5% from last year (were down by 18.1% in January). New pending sales were down by 9.4% for February (they were up by 10.9% in January).

However, prices were up sharply for February.  The median price increased by 24.1% from last year (was up by 0.3% in January) while the average sales price increased by 22.4% (was up by 23.8% in January).

The inventory of available townhouses and condos increased by 30 units from last month to 616 units. This is 3.1% less than we had in February 2019. The current inventory is 6.3 months, as compared to 6.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market is now in a balanced 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 February 2020 Market Report

 

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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 February 2020 Market Report