St Lucie County Townhouses and Condos June 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 June 2018 Market Report

TheSt Lucie County Townhouses and Condos June 2018 Market Report showed weaker sales activity when compared to last year, but remains as an active market.  Closed sales were down by 18.7% from last year (was up by 10.2% in May) while new pending sales were down by 2.4% for June (was down by 14.6% in May).

Prices were also down from the same period last year.  The median price increased by 16.6% from last year (was up by 7.5% in May) while the average sales price decreased by 6.3% (was down by 1.4% in May).  After a long period of increasing prices, if this trend continues, this could be a signal for a change for this segment of the St. Lucie County real estate market.

The inventory of available townhouses and condos decreased by 7 units from last month to 524 units, which is 3.6% less than June 2017. The current supply is 5.2 months, which is 1.9% less than the 5.3 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced 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 June 2018 Market Report

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

 

St Lucie County Townhouses and Condos June 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:
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st lucie county

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Rainmaker
1,218,691
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Gabe, this market report for St Lucie townhouses and condos is packed with good information for buyers!

Aug 16, 2018 04:07 PM #1
Ambassador
3,982,999
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I have been watching the St. Lucie market for years. Glad it looks stronger and hope you are selling many of these condos, Gabe.

Aug 16, 2018 04:14 PM #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 information about your housing market. Thank you for sharing 

Aug 17, 2018 05:22 AM #3
Rainmaker
5,382,082
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will certainly appreciate your local market reports.

Aug 17, 2018 07:58 AM #4
Rainmaker
4,797,311
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 14, 2018 06:42 AM #5
Rainmaker
4,797,311
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 14, 2018 06:42 AM #6
Rainmaker
4,797,311
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!

Sep 14, 2018 06:42 AM #7
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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