St Lucie County Townhouses and Condos December 2024 Market Report
The St Lucie County Townhouses and Condos real estate market had mixed sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were down by 3.0% from last year (they were down by 36.2% in November). New pending sales were up by 54.5% (they were down by 38.4% last month).
Prices were down for December. The median price decreased by 6.6% from last year (was up by 7% in November) and the average sales price decreased by 19.9% (was down by 5.3% in November).
The available townhouses and condos inventory decreased by two units from last month to 764 residences. This is a 37.4% greater inventory than we had in December 2023. The current inventory supply is 9.8 months, as compared to 6.4 months of inventory last year. The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.
Please click on the image or link below to download the full Florida single-family real estate market report.
View previous St. Lucie County market reports here.
Recent County Market Report Posts:
- St Lucie County Townhouses and Condos December 2024 Market Report
- St Lucie County Single Family Homes December 2024 Market Report
- Martin County Single Family Homes December 2024 Market Report
- Martin County Townhouses and Condos December 2024 Market Report
- St Lucie County Townhouses and Condos November 2024 Market Report
- St Lucie County Single Family Homes November 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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