St Lucie County Single Family Homes May 2020 Market Report
The February 2020, the St Lucie County Single Family Home market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year. Though, the bright note is that new pending sales rose for the month. Closed sales were down by 35.0% for the month (in April they were down by 11.3%). New sales under contract (new pending sales) increased by 11.5% (they were down by 34.7% last month).
Prices were mixed for the month. The median sales price was up by 1.1% (was up by 6.3% in March). The average sales price was down by 0.1% (it was up by 2.4% in March).
The number of available home listings decreased by 204 homes to 1,571 homes. This inventory is 19.1% less than last year. The current supply of homes is 3.3 months (it was 4.3 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.
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