St Lucie County Single Family Homes May 2021 Market Report

St Lucie County Single Family Homes May 2021 Market Report

The May 2021, St Lucie County Single Family Home market had strong sales activity but is indicating weaker future activity as the inventory shrinks with fewer available homes for sale. Closed sales were up by 65.7% for the month compared to last year (in April they were up by 47.3%). New sales under contract (new pending sales) decreased by 26.6% (they were up by 34.6% last month).

Prices continued to rise sharply.  The median sales price was up by 26.4% (was up by 20.7% in April).  The average sales price was up by 37.0% (it was up by 30.2% in April).

The number of available home listings increased by 61 homes to 881 homes.  This inventory is 43.9% less than last year.  The current supply of homes is only 1.5 months (it was 3.3 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.

St Lucie County Single Family Homes May 2021 Market Report

View previous St. Lucie County market reports here.

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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.

St Lucie County Single Family Homes May 2021 Market Report

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