July 2014 Monthly Market Detail St Lucie County Single Family Homes
July 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues with strong market activity and rising prices, with increased volume from last year. Closed sales from last year were up by 17.6% (in June they were up by 16.2%) and new sales under contract (new pending sales) decreased by 4.2% (they were up by 7.7% last month).
Both median and average sales prices were up again (year to year) by 8.5% and 5.8% respectively from last July (For last month these figures were 11.5% and 7.2%). The rate of appreciation has been slowing for the past few months, but still showing some strong growth in values.
The inventory of active listings decreased in July (from last month) by 61 homes to 1,914, which is still greater than last year by 15.7%. Current supply of inventory is only 4.2 months (an 8.9% increase from last year). Still a strong sellers market for the Saint Lucie County single family home market. While inventory levels are higher than last year, they have been decreasing steadily for the last few months.
Click here to view or download the full report: July 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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