St Lucie County Single Family Homes April 2020 Market Report

St Lucie County Single Family Homes April 2020 Market Report

The February 2020, the St Lucie County Single Family Home market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 11.3% for the month (in March they were up by 15.1%). New sales under contract (new pending sales) decreased by 34.7% (they were down by 1.5% last month).

Prices, however, were up for the month.  The median sales price was up by 6.3% (was up by 5.5% in March).  The average sales price was up by 2.4% (it was up by 2.9% in March).

The number of available home listings decreased by 113 homes to 1,775 homes.  This inventory is 9.8% less than last year.  The current supply of homes is 3.6 months (it was 4.3 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Single Family Homes April 2020 Market Report

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