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Martin County Single Family Market Report

Feburary 2017 Single Family Market Report

 

For the month of February there was an approximate 18% increase in the amount of closed sales from the previous year.  There was an increase in the number of cash sales, which is a great indicator that there are more investors currently in the market.  There is an 46 percent increase in the dollar volume, which is a sum of all sales prices. Dollar volume is a great indicator for the health of the real estate industry. Since the median sale price has increased by 10.2 percent this is a great indicator that the market continues to recover. There are have been a 7.8 percent increase in the number of active listings on the market compared to last year.

 

 

 

 

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