March 2014 Monthly Market Detail St Lucie County Single Family Homes
March 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors showed continued strong market activity in both volume and rising prices. Closed sales from last year were up by 9.9% (in February they were up by 14.1%) and new sales under contract (new pending sales) decreased by 8.8% (they were down by 14.8% last month).
Both median and average sales prices were up again (year to year) by 15.7% and 12.1% respectively from last March (For last month these figures were 10.9% and 13%).
The inventory of active listings decreased in March (from last month) by 93 homes to 2,269, which is an increase of 27.4% from last year. Current supply of inventory is only 5.1 months (a 21.3% increase from last year). Still a strong 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: March 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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