St Lucie 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

St Lucie County Townhouses and Condos May 2018 Market Report

The St Lucie County Townhouses and Condos May 2018 Market Report reported quite strong closed sales activity but some weakness with pending (or future) sales when compared to last year.  Closed sales were up by 10.2% from last year (was up by 2.4% in April) while new pending sales were down by 14.6% for May (was up by 14.5% in April).

Prices, however, were mixed from the same period last year.  The median price increased by 7.5% from last year (was down by 1.7% in April) while the average sales price decreased by 1.4% (was down by 2.9% in April).  This is the first month in quite some time with decreasing prices.

The inventory of available townhouses and condos decreased by 17 units from last month to 531 units, which is 1.0% less than May 2017. The current supply is 5.1 months, which is 8.9% 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.

St Lucie County Townhouses and Condos May 2018 Market Report

Click here to view or download the full report:
St Lucie 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.

 

St Lucie County Townhouses and Condos May 2018 Market Report

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Topic:
Real Estate Market Trends
Location:
Florida St Lucie County
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
Tags:
market report
saint lucie county

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Ambassador
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Gabe- thank you for another informative market report for St.Lucie townhouses and condos!!!

Jul 18, 2018 06:33 PM #1
Rainmaker
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Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

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 18, 2018 07:30 PM #2
Rainmaker
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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 19, 2018 03:12 AM #3
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

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

Jul 19, 2018 06:03 AM #4
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for stopping by. Your comments are always appreciated!

Aug 06, 2018 06:47 AM #6
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Please visit this link for additional Saint Lucie County real estate information.

Aug 06, 2018 06:47 AM #7
Rainmaker
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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 06, 2018 06:47 AM #8
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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