Florida Townhouses and Condos June 2018 Market Report

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

Florida Townhouses and Condos June 2018 Market Report

The Florida Townhouses and Condos June 2018 Market Report remained a strong market with slightly better activity when compared to last year.  Closed sales were up by 1.2% as compared to last month’s increase of 4.1% and new sales under contract (new pending sales) increased by 0.0% (In May there was a 2.2% increase).

Prices, also, continued to rise significantly for June.  Median sales prices were up by 7.5% (was up by 6.0% in May), while the average sales price increased by 9.6% (was up 7.9% in May).

The inventory of active listings decreased by 2.8% from June of last year.  For June 2018 we have 5.5 months of inventory (was 5.7 months in May) and compared to 5.8 months for June 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos June 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos June 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.

Florida Townhouses and Condos June 2018 Market Report

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Florida
Groups:
Market Reports
Advice for Sellers
Advice for Buyers
City and State Community & Marketing Reports
2018 Market Reports
Tags:
market report
florida

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,625,936
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

Appreciate the insight from a local expert. Thank you for sharing!

Aug 09, 2018 08:05 AM #2
Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

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

Aug 09, 2018 12:52 PM #3
Rainmaker
5,422,912
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

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

Aug 09, 2018 02:40 PM #4
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you for stopping by and taking the time to read my post.

Sep 12, 2018 07:33 AM #5
Rainmaker
4,797,386
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 12, 2018 07:33 AM #6
Rainmaker
4,797,386
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.

Sep 12, 2018 07:33 AM #7
Rainmaker
4,797,386
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.

Sep 12, 2018 07:34 AM #8
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
4,797,386

Gabe Sanders

Stuart Florida Real Estate
Ask me about Stuart FL real estate
*
*
*
*
Spam prevention

Additional Information