St Lucie County Single Family Homes May 2022 Market Report
The May 2022 St Lucie County Single Family Home market had slightly better activity when compared to last year. This is quite impressive when you consider the results of other surrounding counties. It appears that the inventory may have bottomed out and started to rise. Closed sales were up by 2.3% for the month compared to last year (in April they were down by 4.2%). New sales under contract (new pending sales) decreased by 7.3% (they were down by 11.9% last month).
Prices were also up in May. The median sales price was up by 30.4% (was up by 28.8% in April). The average sales price was up by 31.6% (it was up by 24.5% in April).
The number of available home listings increased by 151 homes to 678. This inventory is 37.9% greater than last year. The current supply of homes is 1.3 months (it was 1.0 months last year). The St Lucie County single-family home market remains 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 2024 3rd Quarter Report
- St. Lucie County Single Family Homes 2024 3rd Quarter Report
- Martin County Townhouses and Condos 2024 3rd Quarter Report
- Martin County Single Family Homes 2024 3rd Quarter Report
- St Lucie County Townhouses and Condos September 2024 Market Report
- St Lucie County Single Family Homes September 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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