INVENTORY RISES IN MARTIN COUNTY AS MOVING SEASON APPROACHES
Just in! April 2023 reports have been released from Florida Realtors® detailing recent real estate activity in Martin County. The reports compare year-over-year data. Here are statistics on single-family homes.
Martin County is experiencing a 72.8% increase of inventory year-over-year with 463 active listings. The county’s supply of inventory reached 2.9 months compared to 1.3 months in 2022 – a 123.1% increase.
“Martin County is continuing to see a steady increase of inventory since the beginning of the year,” says Chris Krzemien, president of Broward, Palm Beaches & St. Lucie Realtors®. “With moving season quickly approaching and the State experiencing a high influx of new residents, it’s never been more of an important time to contact a REALTOR® to navigate the current marketplace with consumer’s best interest in mind.”
Median home sale price has decreased since 2022 at 8% with dollar volume increasing to $220.7 million. The majority of active listings are sitting at $1 million or more. Contact a local Realtor® today to work with trusted advisors that both protects and guides consumers during the home buying and selling process.
View Reports: Single Family | Townhomes/Condos
About Broward, Palm Beaches & St. Lucie Realtors®
Broward, Palm Beaches and St. Lucie Realtors® is South Florida’s premier REALTOR association. More than 42,000 members in eight locations are equipped to sell real estate along 130 miles of coastline in South Florida and the Treasure Coast. Broward, Palm Beaches, St. Lucie Realtors® work to enhance its members' ability and opportunity to conduct business professionally, ethically and profitably throughout their career. As the third largest local association in the nation, the association empowers members as leaders and influencers in the industry and community. Broward, Palm Beaches and St. Lucie Realtors® is the local chapter of the National Association of REALTORS® To learn more visit, RWorld.com