Florida Townhouses and Condos 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 Townhouses and Condos January 2019 Market Report

The Florida Townhouses and Condos Market Report for January 2019 had weaker sales activity when compared to last January.  Closed sales were down by 10.9% as compared to last month’s decrease of 11.4% and new sales under contract (new pending sales) decreased by 10.3% (In December there was a 12.6% decrease).

Prices, however, continue to rise for January though at a much more reasonable pace than most of last year.  Median sales prices were up by 2.8% (was up by 2.8% in December), while the average sales price increased by 1.3% (was up 0.8% in December).

The inventory of active listings increased by 10.1% from January of last year.  We now have 6.3 months of inventory as compared to 5.9 months for January 2018.  Now in a balanced 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 January 2019 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 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.

Florida Townhouses and Condos January 2019 Market Report

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Real Estate Market Trends
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Florida
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Florida Real Estate Market Reports
Market Reports
Advice for Sellers
Advice for Buyers
2018 Market Reports
Tags:
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Rainmaker
3,177,917
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Gabe, I would love to just pack up and move with your price points, but I can not get Diane to leave the Golden State:)Endre

Mar 21, 2019 11:19 PM #1
Rainmaker
5,270,710
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Mar 22, 2019 07:23 AM #2
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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