St Lucie County Single Family Homes June 2017 Market Detail
St Lucie County Single Family Homes Market Detail for June 2017 showed weaker activity as compared to last June. Closed sales were unchanged (in May they were up by 10.0%) and new sales under contract (new pending sales) decreased by 10.6% (they were up by 9.2% last month).
Prices, however, continued to rise. The median and average sales prices up by 10.7% and 4.5% respectively from last June (For May these numbers were up 16.5% and 16.5%). These price increases are making home affordability an issue in St Lucie County.
Active listings decreased by 8 homes down to 1,583 homes. This inventory is 5.1% higher than last year. The current supply of homes is at 3.5 months (was also 3.5 months for May) 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 June 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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