St Lucie County Single Family Homes March 2020 Market Report
The February 2020, the St Lucie County Single Family Home Market had stronger closed sales activity for March and is our only local sector without a large drop in pending sales. Closed sales were up by 15.1% for the month (in February they were up by 2.5%). New sales under contract (new pending sales) decreased by 1.5% (they were up by 26.4% last month).
Prices were up for the month. The median sales price was up by 5.5% (was up by 2.6% in January). The average sales price was up by 2.9% (it was up by 4.4% in February).
The number of available home listings increased by 11 homes to 1,888 homes. This inventory is 10.3% less than last year. The current supply of homes is 3.8 months (it was 4.6 months last year). The St Lucie County single-family home market remains in a strong 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.
Leave a Reply