St Lucie County Single Family Homes December 2024 Market Report

St Lucie County Single Family Homes December 2024 Market Report

The December 2024 St Lucie County Single Family real estate market showed slightly stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were up by 5.2% for the month compared to the previous year (in November they were down by 16.9%). New sales under contract (new pending sales) were up 8.1% to 348 (remained steady last month).

Prices remained steady in December when compared to last year.  The median sales price was unchanged at $399,900 1.1% (it was down by 1.1% in November).  The average sales price was up slightly by 2.4% (it was down by 5.9% in November). It will be interesting to see full year analysis soon.

The number of available homes for sale increased to 2,293.  This inventory is 33.4% greater than last year. The current supply of homes is 5.1 months (it was 3.6 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

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 December 2024 Market Report

About Nicole Bertke

Leave a Reply