Real Estate Trend – February 2016 Data – Martin County, FL Single Family Homes

MARCH 30th, 2016 – Florida Realtors have released the real estate market data for single family homes in Martin County, Florida, charted below. The median sale price has held relatively steady over the past year at or near $300,000. Inventory of Active Listings remains low at 1,081 and homes are quickly at a median time of 42 days.

Summary Statistics February 2016 February 2015 % Change YOY
Closed Sales 157 178 -11.8%
Paid in Cash 72 82 -12.2%
Median Sale Price $305,000 $280,000 8.9%
Average Sale Price $396,988 $341,216 16.3%
Dollar Volume $62.3 mil $60.4 mil 3.2%
Median % of Original List Price Received 95.0% 94.1% 1.0%
Median Time to Contract 42 Days 69 Days -39.1%
Median Time to Sale 95 Days 115 Days -17.4%
New Pending Sales 235 243 -3.3%
New Listings 313 265 18.1%
Pending Inventory 394 423 -6.9%
Inventory (Active Listings) 1,081 1,138 -5.0%
Months Supply of Inventory 5.2 5.9 -11.9%

Produced by Florida REALTORS® with data provided by Florida’s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Monday, March 21, 2016. Next data release is Wednesday, April 20, 2016.

Download the Full Report (.pdf)

Median Sale Price Chart

Median Sale Price of Single Family Homes in Martin County 2012 – February 2016

Closed by Sales Price Graph

Closed by Sales Price Graph – Martin County Single Family Homes – February 2016

Inventory by Current Listing Price

Inventory by Current List Price – Martin County, FL Single Family Homes – February 2016

Call us anytime to discuss current market trends and find out what your home might sell for in today’s market conditions.

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