Real Estate Trend – Martin County, FL – March 2016 Data

APRIL 20, 2016: The data below relates to single family homes within Martin County, Florida for the month of March, 2016. Notable figures include 212 Closed Sales, $101 million Dollar Volume, and 332 New Listings.

Summary Statistics March 2016 March 2015 % Change YOY
Closed Sales 212 205 3.4%
Paid in Cash 80 108 -25.9%
Median Sale Price $328,000 $280,000 17.1%
Average Sale Price $476,315 $413,088 15.3%
Dollar Volume $101 mil $84.7 mil 19.2%
Median % of Original List Price Received 94.8% 94.4% 0.4%
Median Time to Contract 66 Days 48 Days 37.5%
Median Time to Sale 115 Days 86 Days 33.7%
New Pending Sales 259 261 -0.8%
New Listings 332 256 29.7%
Pending Inventory 433 453 -4.4%
Inventory (Active Listings) 1,100 1,111 -1.0%
Months Supply of Inventory 5.3 5.6 -5.4%

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 Wednesday, April 20, 2016. Historical data revised on Friday, February 26, 2016. Dollar Volume revised on April 15, 2016. Next data release is Friday, May 20, 2016.

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Closed Sales - March 2016 - Single Family Homes - Martin County, FL

Closed Sales – March 2016 – Single Family Homes – Martin County, FL

Median Sale Price - Single Family Homes - Martin County, FL - March 2016

Median Sale Price – Single Family Homes – Martin County, FL – March 2016

Dollar Volume of Single Family Home Sales in Martin County, FL - March, 2016

Dollar Volume of Single Family Home Sales in Martin County, FL – March, 2016

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