Martin County Drops to Unprecedented Months Supply of Inventory

WASHINGTON, D.C. – June 24, 2015 – (RealEstateRama) — “May’s inventory of single family homes in Martin County has dropped 35% from last year to an unprecedented 4.8 months. Although the median sale price remained virtually unchanged, the average sale price moved up 13% to $416,314 compared to last year. All great news to hear if you are a Seller, but a Buyer will have fewer opportunities to find those “deals”.  Thus as our market continues to heats up, I would encourage those who are entering the real estate market to seek out the assistance of your local REALTOR®.” ─ John Slivon, Treasurer of the Realtors® Association of the Palm Beaches (RAPB).

Slivon is also a REALTOR® and Certified International Property Specialist (CIPS) with The Real Estate Company, Inc. in Stuart and can be reached at 772-223-0346 or john (at) johnslivon (dot) com for questions.

The Realtors® Association of the Palm Beaches (RAPB) is the 6th largest local association in the country representing over 12,000 REALTOR® members involved in all aspects of residential and commercial real estate throughout Southeast Florida. RAPB members are “The Voices for Local Real Estate,” providing consumers with real insight on the homeownership process with data accuracy and market expertise. Many of their members also engage in one or more divisions offered through RAPB, including the REALTORS® of St. Lucie County (RSLC), REALTORS® Commercial Alliance, the Young Professionals Network, and the award-winning Global Business Alliance. Consumers will find their perfect REALTOR® match from RAPB by visiting www.SouthFloridaPropertyMatch.com.