Treasure Coast Real Estate Blog

Your local news and information source for homes and investment real estate along South Florida's Treasure Coast

Friday, May 22, 2015

How's the Real Estate Market in Stuart Florida?

March Housing Statistics for Martin County Show Improving Market

As many home buyers in greater Stuart, Florida are aware, our market continues to gain traction with limited inventory and moderate price increases. 

As the chart below illustrates, there is about a six month supply of inventory, which has decreased from over seven months a year ago. Likewise, median days on market has shrunk from 64 to just 39.

Homes are selling at an average of 92.8% of their original list price, which is an increase of just 1.1% from march of 2014. What this tells us is that while homes are selling, prices are stabilizing. That's good news for Treasure Coast home buyers.

Monthly Market Summary - March 2015 Single Family Homes in Martin County

This post has been authored by Eric Slifkin, REALTOR® serving South Florida’s Treasure Coast. You can reach me at 888-288-1765, or visit my Web site. As your resource for information on new or resale homes throughout the Treasure Coast, please be sure to contact me about any home you may find on the Web, yard sign or ad and I will research the property, arrange showings and handle all the details. 

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