St Lucie County Single Family Homes April 2018 Market Report
St Lucie County Single Family Homes April 2018 Market Report had mixed results for sales when compared to last year but remains a very active real estate market. Closed sales were up by 1.2% (in March they were down by 11.1%) and new sales under contract (new pending sales) decreased by 1.0% (they were up by 2.2% last month).
Prices, though, continued their upward trend for the month. The median and average sales prices up by 9.4% and 7.1% respectively from last April (For March these numbers were up 6.4% and 13.5%). These price rises are a bit less severe than we’ve experienced in the past few months.
Active listings decreased by 22 homes down to 1,625 homes. This inventory is 1.5% lower than last year. The current supply of homes is 3.5 months (was 3.6 months for March) compared to 3.7 months for 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 April 2018 Market Report
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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