April 2014 Monthly Market Detail St Lucie County Single Family Homes
April 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors showed strong market activity with continued rising prices, though volume has moderated. Closed sales from last year were up by only 0.6% (in March they were up by 9.9%) and new sales under contract (new pending sales) decreased by 4.9% (they were down by 8.8% last month).
Both median and average sales prices were up again (year to year) by 12.2% and 10% respectively from last April (For last month these figures were 15.7% and 12.1%).
The inventory of active listings decreased in April (from last month) by 90 homes to 2,179, which represents an increase of 29.7% from last year. Current supply of inventory is only 5.0 months (a 28.1% increase from last year). Still a sellers market for the Saint Lucie County single family home market. While not as red hot as last year, it is still very positive and could still slow down some to become a balanced market.
Click here to view or download the full report: April 2014 Monthly Market Detail St Lucie County Single Family Homes
To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.
Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.
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