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April 2016 Monthly Market Detail Martin County Single Family Homes

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

April 2016 Monthly Market Detail Martin County Single Family Homes

The April 2016 Monthly Market Detail Martin County Single Family Homes showed lower closed sales from last years numbers and a continued decrease in inventory.  Year to year closed sales were down by 4.3% (was up 3.4% in March). New pending sales decreased by 0.3% as compared to April of 2015 (Decreased by 0.8% in March).

And prices continue to rise as the median sales price was up by 6.7% from last year (up by 17.1% in March) while the average price increased by 22.6% (was up by 15.3% last month).  Price increases of this magnitude are probably unsustainable and I don't anticipate them going up like this for much longer.

The inventory of available single family homes decreased from last month by 60 homes to 1,040 units for this month,  this is 1.5% less than last April.  Current supply of homes is 5.1 months, for April of last year it was a 5.3 months supply. (This is a 3.8% decrease from last year).  Still a sellers market for Martin County single family home sales.

April 2016 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report: April 2016 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.

April 2016 Monthly Market Detail Martin County Single Family Homes

Comments (15)

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Gabe Sanders - If anyone is interested in finding out what their Martin County home is worth should give you a call right away.  You're an agent that is up-to-date on current market conditions!

Jun 06, 2016 06:16 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Gabe it is tough to keep sales up when inventory is down.  Hope more properties come on the market.

Jun 06, 2016 08:11 AM
Yolanda Cordova-Gilbert
Richmond, TX

Gabe,

 Good important detail to your Martin County single Family homes! I hope you have a great start to your week!

Jun 06, 2016 08:13 AM
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Neat report... all up to speed now Gabe Sanders !

Jun 06, 2016 10:39 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Gabe...you are one of the top agents in your area and people need to call your for top professionalism

Jun 06, 2016 11:02 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Easy to see that it is a sellers market with your report for single family homes in Martin County Gabe Sanders 

Jun 06, 2016 11:03 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Gabe, as usual you have prepared a great market report for Martin County, Fl.

Jun 06, 2016 11:25 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Gabe Sanders  Another great market report on martin-county-single-family-homes

Jun 06, 2016 11:56 AM
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

another super report to share with buyers and sellers in the local area!

Jun 06, 2016 12:00 PM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, excellent reporting on Martin County Single Family Homes. A very complete set of data for your clients.

Jun 06, 2016 12:08 PM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local real estate market reports.

Jun 06, 2016 09:41 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Gabe Sanders Thank you for taking the time to share this market insight!  It's most informative!

Jun 06, 2016 11:15 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments, always appreciated.

Sep 10, 2016 11:57 PM
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.

Sep 10, 2016 11:57 PM
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

Sep 10, 2016 11:58 PM