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A $9.7 million Martin County home with 5 bedrooms and 6½ bathrooms was the most expensive sold in October. See photos of other top home sales.
“Condos and townhouses have had a 75% jump in inventory. While prices have remained stable, the inventory is still growing.” The single-family home market should be more stable due to buyer ...
In ascending order, real estate experts and chief economists alike would advise buyers to avoid shopping for homes in these 10 Florida cities. Palatka September 2023 average home value: $198,268
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
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In the 1920s, Florida was in the midst of high real estate activity, where the state saw inflated real estate values and many coming into the state eager for profits. The market for real estate reached a peak in 1925, with the 1926 Miami hurricane and Wall Street Crash of 1929 forcing little development in the state and a land bust. [6]
There were more houses for sale on the Treasure Coast in October than in September, but they cost more, took longer to sell and fewer sold, according to data Florida Realtors released Nov. 21.
The median sale price increased in Martin County but decreased slightly in St. Lucie and Indian River counties in September compared to August: Martin: $600,000, up from $577,500 St. Lucie ...