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Martin County: Number of Luxury Home Sales Surge 366%

“Florida Realtors® reports a remarkable jump in Martin County’s average home price for the month of September to $437,996, up 40% from the previous year.  This surge in pricing can be attributed to the incredible increase in the number of properties that sold for over a million dollars; there were 14 to be exact, which is a 366% increase year-over-year. While our overall pace of sales remained typical for this time of year, our median days on market decreased 43%, leaving us with only a 4.5 months’ supply of inventory.

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