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|
|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%|
|Inventory (Active Listings)||427||374||14.2%|
|Months Supply of Inventory||4.6||3.7||24.3%|
If you have a condo or townhome to sell, contact Rusty Abbott at 772-538-8468 or firstname.lastname@example.org.