St Lucie County Single Family Homes January 2018 Market Report
St Lucie County Single Family Homes January 2018 Market Report had weaker sales activity compared to last January. Closed sales were down by 3.0% (in December they were up by 3.3%) and new sales under contract (new pending sales) decreased by 2.4% (they were down by 5.3% last month).
Prices, however, continued to rise. The median and average sales prices up by 11.9% and 8.6% respectively from last January (For December these numbers were up 6.9% and 4.9%). These price rises are a bit less severe than we’ve experienced in the past few months.
Active listings increased by 168 homes down to 1,748 homes. This inventory is 5.2% lower than last year. The current supply of homes is 3.8 months (was 3.4 months for December) compared to 4.1 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 January 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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