Florida Single Family Homes January 2019 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

Florida Single Family Homes January 2019 Market Report

The Florida Single Family Homes Market Report for January 2019 had weaker sales activity when compared to last year.  The closed sales were down by 6.2% (were down by 9.9% in December) and new sales under contract (new pending sales) were down by 2.4% (was down by 9.0% in December).

Prices, though, continue to rise for January, though at a slower rate.  The median and average sales prices up by 4.1% and 1.8% respectively, compared to December’s 4.2% and 3.3%.

The inventory of available homes for sale increased by 13.8% from last year.  This is now a 4.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January of 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes January 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes January 2019 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.

January 2019 Florida Single Family Homes Market Report

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Florida Real Estate Market Reports
Market Reports
Advice for Sellers
Advice for Buyers
2018 Market Reports
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Rainer
357,197
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

Mar 20, 2019 04:55 PM #1
Rainmaker
3,183,960
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Prices still increasing at a good rate which beats the alternative...and gotta love those Cash Sales....retirement bucks ? 

Mar 21, 2019 05:54 AM #2
Rainmaker
5,257,952
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Gabe, for sharing this report.

I hope you are enjoying a most productive month.

Mar 22, 2019 07:24 AM #3
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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