Martin County Townhouses and Condos May 2018 Market Report

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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 Townhouses and Condos May 2018 Market Report

Martin County Townhouses and Condos May 2018 Market Report showed stronger sales activity than we had last year.  Closed sales for the month were up by 13.0% (were down by 3.8% in April) while new sales under contract (new pending sales) were up by 20.8% from May 2017 (increased by 25.2 in April).

Prices continue to rise (though not as fast as last month, but faster than last year) as the median sales price increased by 6.3% (was up by 17.8% in April) while the average sales price increased by 5.1% (was up by 12.0% in April) as compared to May of 2017.

The inventory of available townhouses and condos decreased by 38 units to 392 properties as compared to last month.  This is 6.9% less inventory then the May 2017 data.  Currently, there’s a 3.9 month supply of inventory (compared to 4.5 months for May 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos May 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos May 2018 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.

Martin County Townhouses and Condos May 2018 Market Report

 

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Topic:
Real Estate Market Trends
Location:
Florida Martin County
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
Tags:
market report
martin county real estate

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Rainmaker
4,089,952
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing.

Jul 17, 2018 03:30 AM #1
Ambassador
1,465,751
Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you so much for sharing this.  This is exactly the type of information that buyers and sellers need to make informed decisions.  Very professional!

Jul 17, 2018 05:36 AM #2
Rainmaker
4,699,055
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Martin County home sellers will be in very good hands when they select you as their listing agent.

Jul 17, 2018 06:18 AM #3
Rainmaker
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Joyce Marsh, Daytona Beach Florida
Premier Sotheby’s International Realty - Daytona Beach, FL
Presenting The Finest in Florida Coastal Living...

Your local reports and updates are very helpful for those looking to buy or sell real estate and are always filled with lots of valuable info. Thanks for the update. 

Jul 18, 2018 06:43 AM #4
Rainmaker
4,358,447
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 website for a complete list of current and past market data.

Aug 05, 2018 07:34 AM #5
Rainmaker
4,358,447
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.

Aug 05, 2018 07:34 AM #6
Rainmaker
4,358,447
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. It’s always good to hear from you.

Aug 05, 2018 07:34 AM #7
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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