Broward, Palm Beaches & St. Lucie Realtors®

View Original

MARTIN COUNTY INVENTORY REMAINS CONSISTENT AT 2.9 MONTHS

Just in! August 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’s months supply of inventory remained the same from July to August at 2.9 months, an 11.5% increase from  August 2022. The median sale price in the county experienced a 12.9% decrease from 2022 at $575,000. Last month we saw median sales prices reach $610,000.

"Realtors® closed nearly the same number transactions in Martin County this month compared to last month. We are seeing the median days to contract continue to increase year over year reaching 25 days as buyers sift through the current inventory,” says Chris Krzemien, president of Broward, Palm Beaches & St. Lucie Realtors®. “Realtors® understand the unique needs of the region and provide a distinct consumer experience that require differing levels of support, complexity and expertise. If you’ve been thinking about contacting a local Realtor®, give them a call today.”

Realtors® work as a collective of professionals who provide essential services including the specific knowledge and expertise to best serve homebuyers and sellers. Learn more on how Realtors® can serve your needs at OnlyARealtor.com.

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