St Lucie County Single Family Homes July 2021 Market Report
The July 2021, St Lucie County Single Family Home market showed slightly improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 5.0% for the month compared to last year (in June they were up by 25.7%). New sales under contract (new pending sales) decreased by 19.9% (they were down by 36.0% last month).
Prices continued to rise in July. The median sales price was up by 26.0% (was up by 24.5% in June). The average sales price was up by 23.1% (it was up by 28.9% in June).
The number of available home listings decreased by 258 homes to 659 homes. This inventory is 39.1% less than last year. The current supply of homes is only 1.1 months (it was 2.2 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 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
- Martin County Single Family Homes February 2024 Market Report
- St Lucie County Townhouses and Condos January 2024 Market Report
- St Lucie County Single Family Homes January 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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