St Lucie County Single Family Home Sales 2023 Yearly Review
The St Lucie County Single Family Home Sales for 2023 as reported by Florida Realtors continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 13.5% (were down by 10.0% in 2022) and new sales under contract (new pending sales) decreased by 9.7% (were down by 18.0% in 2022).
Both median and average sales prices were up for 2023 by 2.2% and 1.8% respectively. These numbers were 23.6% and 20.5% respectively in 2022. These prices are not rising as fast as in previous years.
The inventory of available homes for sale increased by 1.6% from 2022 (When there was a 170.7% increase). While the monthly supply of homes increased to 3.6 months from 3.1 months in 2022. Remaining in a seller’s market for Saint Lucie County for the time being.
To view the full report click on the graphic above or the link below:
St Lucie County 2023 Single Family Home Sales
View previous St Lucie County Yearly Reviews Here!
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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