St Lucie County Single Family Homes May 2017 Market Detail
St Lucie County Single Family Homes Market Detail for May 2017showed continued growth when compared to last May. Closed sales were up by 10.0% (in April they were down by 0.6%) and new sales under contract (new pending sales) increased by 9.2% (they were down by 5.5% last month).
Prices, also, continue to show increases. The median and average sales prices up by 16.5% and 16.5% respectively from last May (For April these numbers were up 14.3% and 7.0%). These price increases are making home affordability an issue in St Lucie County.
Active listings decreased by 59 homes down to 1,591 homes. This inventory is 4.1% lower than last year. The current supply of homes is at 3.5 months (was 3.7 months for April) This is 2.8% lower than last year. The St Lucie County single family home market remains a strong sellers’ market. A balanced market is one with a 6 to 7 month supply of inventory.
Click here to view or download the full report:
St Lucie County Single Family Homes May 2017 Market Detail
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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