St Lucie County Single Family Homes August 2021 Market Report
The August 2021, St Lucie County Single Family Home market showed fewer closed when compared to last year. This is most likely a result of the historically low inventory of properties available for sale as well as the recent increase in prices. There appear to be many buyers but not enough available or affordable listings. New pending sales rose slightly which is hopefully a good sign for the future. Closed sales were down by 11.7% for the month compared to last year (in July they were up by 5.0%). New sales under contract (new pending sales) increased by 7.9% (they were down by 19.9% last month).
Prices continued to rise in August. The median sales price was up by 25.7% (was up by 26.0% in July). The average sales price was up by 21.5% (it was up by 23.1% in July).
The number of available home listings increased by 65 homes to 724 homes. This inventory is 23.6% less than last year. The current supply of homes is only 1.2 months (it was 1.9 months last year). The St Lucie County single-family home market remains in an extreme 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:
- St Lucie County Single Family Homes March 2024 Market Report
- Martin County Townhouses and Condos March 2024 Market Report
- Martin County Single Family Homes March 2024 Market Report
- St Lucie County Townhouses and Condos February 2024 Market Report
- St Lucie County Single Family Homes February 2024 Market Report
- Martin County Townhouses and Condos February 2024 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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