The Latest Numbers From the South Florida Real Estate Market
For single-family homes in St. Lucie County:
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387 homes sold in February 2018 and 357 sold in February 2019, down 7.8%
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There were 117 paid-in-cash sales in February 2018 and 86 in February 2019, down 26.5%
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The average sale price was $225,294 in February 2018 and $239,820 in February 2019, up 6.4%.
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The dollar volume of homes sold was $87.2 million in February 2018 and $85.6 million in February 2019, down 1.8%.
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There were 672 new listings in February 2018 and 624 in February 2019, down 7.1%.
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There were 1,768 active listings in February 2018 and 2,171 in February 2019, up 22.8%.
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There was 3.8 months’ worth of inventory in February 2018 and 4.8 in February 2019, up 26.3%.
For single-family homes in Martin County:
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169 homes sold in February 2018 and 168 sold in February 2019, down 0.6%.
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There were 69 paid-in-cash sales in February 2018 and 74 in February 2019, up 7.2%.
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The average sale price was $449,989 in February 2018 and $458,903 in February 2019, up 2.0%.
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The dollar volume of homes sold was $76 million in February 2018 and $77.1 million in February 2019, up 1.4%.
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There were 309 new listings in February 2018 and 329 in February 2019, up 6.5%.
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There were 1,039 active listings in February 2018 and 1,178 in February 2019, up 13.4%
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There was 5.1 months’ worth of inventory in February 2018 and 5.9 in February 2019, up 15.7%.
For single-family homes in Palm Beach County:
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1,217 homes sold in February 2018 and 1,098 sold in February 2019, down 9.8%.
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There were 465 paid-in-cash sales in February 2018 and 430 in February 2019, down 7.5%.
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The average sale price was $594,100 in February 2018 and $530,109 in February 2019, down 10.8%.
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The dollar volume of homes sold was $723 million in February 2018 and $582.1 million in February 2019, down 19.5%.
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There were 2,233 new listings in February 2018 and 2,230 in February 2019, down 0.1%.
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There were 7,525 active listings in February 2018 and 8,269 in February 2019, up 9.9%.
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There was 5.2 months’ worth of inventory in February 2018 and 5.8 in February 2019, up 11.5%.
If you have any questions for me in the meantime about any of these numbers or about anything else related to real estate, don’t hesitate to give me a call or send me an email. I look forward to hearing from you soon.
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