Martin County, FL Real Estate Market Trend – January 2016 Data

FEBRUARY 24, 2016 – The numbers for January 2016 are now available! The data contained within this post relate to single family homes in Martin County, Florida. Some notable figures include a median sale price of $325,000 and only 1,194 active listings.

Summary Statistics January 2016 January 2015 % Change YOY
Closed Sales 194 183 6.0%
Cash Sales 72 86 -16.0%
New Pending Sales 246 293 -16.0%
New Listings 388 401 -3.2%
Median Sale Price $325,000 $275,000 18.2%
Average Sale Price $418,971 $512,457 -18.2%
Median Days on Market 40 59 -32.2%
Avg. Percent of Original List Price 92.5% 91.4% 1.2%
Pending Inventory 378 407 -7.1%
Inventory (Active Listings) 1,194 1,313 -9.1%
Months Supply of Inventory 5.1 6.2 -18.5%

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, February 23, 2016. Next data release is Monday, March 21, 2016.

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inventory-sales-single-family-martin-county-fl

Closed Sales, Total Inventory, & Median Sale Price – Martin County, Florida – Single Family Homes

 

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