St Lucie County Single Family Home Sales 2016 Yearly Review
The St Lucie County Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had slower market activity for single family homes throughout the year of 2016. Year to year closed sales were down by 1.6% (was down by3.2% in 2015) and new sales under contract (new pending sales) decreased by 3.8% (was down by 16.9% in 2015).
However both median and average sales prices were up (2015 to 2016) by 16.1% and 15.9% respectively. Showing strong gains in value. These numbers were 16.9% and 17.2% respectively in 2015. These continued strong increases in values is one reason why the rate of sales has fallen for 2016 as homes become more expensive and less affordable.
The inventory of available homes for sale increased by 6.6% from 2015 (When there was a 0.3% increase). While the months supply of homes increased slightly to 3.9 months from 3.6 months for 2015. Still in a strong sellers market for Saint Lucie County.
To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2016 Yearly Review
To view the complete 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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