Martin County Single Family Homes November 2016 Market Detail

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Martin County Single Family Homes November 2016 Market Detail

The Martin County Single Family Homes Market Detail for November 2016 continues to show reduced sales volume when compared to last years figures.  But the market remains quite strong by historical standards.  Closed sales were up by 0.6% (was down by 10.7% in October). New pending sales decreased by 4.1% as compared to November of 2015 (Decreased by 0.6% in October).

For November there were mixed signals about prices with the median sales price decreasing by 0.7% from last year (up by 0.9% in October) while the average price increased by 17.2% (was down by 12.1% last month).

The inventory of available single family homes increased from last month by 33 homes to 1037 units for November,  this is 8.8% greater than last November.  Current supply of homes is 5.3 months, for November of last year it was a 4.5 months supply. (This is a 17.8% increase from last year).  Still a sellers market for Martin County single family home sales but inching closer to a balanced market.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes November 2016 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes November 2016 Market Detail

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 Single Family Homes November 2016 Market Detail

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Ambassador
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Gabe. Your real estate market reports are packed full of great information for both buyers and sellers. Anyone looking to buy or sell a home in Martin County, FL would be wise to hire you for your market expertise and professional service. 

Jan 10, 2017 03:06 PM #1
Ambassador
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It is still a strong market and that is good to hear you have a good amount of inventory. It is a good time to buy while rates are still affordable.

Jan 10, 2017 04:40 PM #2
Rainmaker
4,506,082
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families moving to the area will certainly appreciate your local real estate market reports.

Jan 10, 2017 05:13 PM #3
Rainmaker
1,385,298
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Gabe,

 Good Report for Martin SIngle Family Homes November 16, 2016. I hope you are having good 2017!

Jan 10, 2017 05:36 PM #4
Rainmaker
1,475,590
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Gabe - I see the strong market with a little more inventory.  Very helpful information.

Jan 10, 2017 08:05 PM #5
Rainmaker
3,915,660
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope home buyers and sellers in your market area will read this report and call you to be their  agent.

Jan 11, 2017 03:53 AM #6
Rainmaker
4,506,082
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Many Maryland retirees are heading your way to purchase a home in the sun.

Jan 12, 2017 04:50 AM #7
Rainmaker
4,151,552
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Feb 08, 2017 11:56 AM #8
Rainmaker
4,151,552
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Martin County FL real estate.

Feb 08, 2017 11:56 AM #9
Rainmaker
4,151,552
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks. Your comments are always appreciated!

Feb 08, 2017 11:56 AM #10
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Gabe Sanders

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