Martin County, Florida Real Estate Trend

January 24th, 2017 – Take a look at the real estate market trend for single family homes in Martin County, Florida! Martin County includes Stuart, Palm City, Jensen Beach, Hobe Sound, Indiantown, Sewall’s Point, and parts of Jupiter and Hutchinson Island. The table below shows data for the month of December 2016 and compares the Year-Over-Year change with December 2015.

Download the full report here (.pdf)

Summary Statistics December 2016 December 2015 % Change YOY
Closed Sales 195 170 14.7%
Paid in Cash 78 62 25.8%
Median Sale Price $312,500 $279,950 11.6%
Average Sale Price $446,396 $492,039 -9.3%
Dollar Volume $87.0 mil $83.6 mil 4.1%
Median % of Original List Price Received 94.4% 95.3% -0.9%
Median Time to Contract 50 Days 42 Days 19.0%
Median Time to Sale 82 Days 87 Days -5.7%
New Pending Sales 134 171 -21.6%
New Listings 177 190 -6.8%
Pending Inventory 226 322 -29.8%
Inventory (Active Listings) 998 929 7.4%
Months Supply of Inventory 5.0 4.5 11.1%
December 2016 real estate charts

December 2016 – Single Family Homes – Martin County, Florida

If you would like to discuss the current real estate market on the Treasure Coast, call me anytime at 772-538-8468 or email abbott.rusty@gmail.com.

Leave a Reply

Your email address will not be published. Required fields are marked *