January Housing Statistics for Martin County, Florida
Prices are remaining virtually stable with small increments of fluctuation. Because prices are NOT dropping by significant amounts, more homes have been placed on the market by the sellers who have wanted to sell their property for a while and now are willing to accept today's prices.
Sales are indicating a decline, however, there was still the first time home buyer incentive program this time last year that "spurred" on more sales providing a false reading on the market.
Condominium sales traditionally lag residential and since they were slower to respond to sales last year, they are now showing an increase in sales, catching up to where the residential market was last year.
For more information regarding existing home sales for Martin County, visit us at www.lifestylerealtygroup.com or call us today at 772-781-2345.
The Chart Data was released by our local MLS and Realtor Associations.