Real Estate Trends – Martin County, Florida Townhouses and Condos

JANUARY 25TH, 2017 – The monthly market summary for townhouses and condominiums in Martin County, Florida during the month of December 2016 is published below.

Summary Statistics December 2016 December 2015 % Change YOY
Closed Sales 76 103 -26.2%
Paid in Cash 44 63 -30.2%
Median Sale Price $130,000 $136,000 -4.4%
Average Sale Price $147,988 $146,706 0.9%
Dollar Volume $11.2 mil $15.1 mil -25.6%
Median % of Original List Price Received 94.2% 94.2% 0.0%
Median Time to Contract 33 Days 41 Days -19.5%
Median Time to Sale 74 Days 80 Days -7.5%
New Pending Sales 76 68 11.8%
New Listings 102 87 17.2%
Pending Inventory 115 113 1.8%
Inventory (Active Listings) 427 374 14.2%
Months Supply of Inventory 4.6 3.7 24.3%
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 Tuesday, January 24, 2017. Historical data revised on Monday, January 16, 2017. Next data release is Wednesday, February 22, 2017.
 
Condos & Townhouses - Martin County, Florida - December 2016 Update

Condos & Townhouses – Martin County, Florida – December 2016 Update

If you have a condo or townhome to sell, contact Rusty Abbott at 772-538-8468 or abbott.rusty@gmail.com.

Leave a Reply

Your email address will not be published.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