St Lucie County Single Family Homes July 2017 Market Detail
St Lucie County Single Family Homes Market Detail for July 2017 showed improved activity as compared to last June as well as last month. Closed sales were up by 8.5% (in June they were unchanged) and new sales under contract (new pending sales) increased by 1.2% (they were down by 10.6% last month).
Prices continued to rise. The median and average sales prices up by 14.3% and 10.2% respectively from last July (For June these numbers were up 10.7% and 4.5%). These price increases are making home affordability an issue in St Lucie County.
Active listings increased by 30 homes down to 1,613 homes. This inventory is 10.1% higher than last year. The current supply of homes is 3.5 months (was also 3.5 months for June) and 3.3% for last year. This is 6.1% higher than 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 July 2017 Market Detail
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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