St Lucie County Single Family Homes October 2021 Market Report
The October 2021, St Lucie County Single Family Home market had slower sales activity when compared to last year. This is due to our currently very low inventory and high prices. Closed sales were down by 7.7% for the month compared to last year (in September they were up by 2.3%). New sales under contract (new pending sales) increased by 7.5% (they were up by 3.9% last month).
Prices continued to rise in October. The median sales price was up by 28.8% (was up by 27.6% in September). The average sales price was up by 25.4% (it was up by 28.2% in September).
The number of available home listings increased by 22 homes to 749 homes. This inventory is 21.9% less than last year. The current supply of homes is only 1.3 months (it was 1.8 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.
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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