December 2013 Monthly Market Detail Martin County Single Family Homes
The December 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors showed a strong finish to the end of 2013. In fact, Martin County residential sales of single family homes has outperformed the state average for the second month in a row in volume. Closed sales were up by 17.8% (was 33.8% in November) and new sales under contract (new pending sales) increased by 9.5% (decreased by 4% in November).
The median sales price was up by 7.2% from last year while unfortunately the average price took a steep hit at a decline of 24.1%.
The inventory of available single family homes decreased from November to 1253 units, but this is a 2.7% increase from last December. Current supply of inventory is only 6.5 months (a 14% decrease from last year). We continue to be in a balanced market for residential sales in Martin County. Very positive results for our market.
Please look at the full Martin County single family market detail by clicking on the links below:
Click here to view or download the full report:
December 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.
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