St Lucie County Townhouses and Condos November 2017 Market Report
The St Lucie County Townhouses and Condos November 2017 Market Report continues with strong gains from last year. Closed sales were up by 30.7% from last year (was up by 18.1% in October) while new pending sales was down by 8.4% for November (was up by 83.6% in October).
Values rose sharply with the median price increasing by 37.8% from last year (was down by 3.3% in October) while the average sales price increased by 30.7% (was up by 2.7% in October).
The inventory of available townhouses and condos increased by 63 unit from last month to 497 units, which is 10.0% less than November 2016. The current supply is 5.0 months, which is 10.7% less than the 5.6 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.
Click here to view or download the full report:
St Lucie County Townhouses and Condos November 2017 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.
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