St Lucie County Townhouses and Condos January 2025 Market Report
The St Lucie County Townhouses and Condos real estate market had stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were up by 9.6% from last year (they were down by 3.0% in December). New pending sales were up by 15.1% (they were up by 54.5% last month).
Prices were down for December. The median price decreased by 0.5% from last year (was down by 6.6% in December) and the average sales price decreased by 14.5% (was down by 19.9% in December).
The available townhouses and condos inventory increased by 102 units from last month to 866 residences. This is a 36.6% greater inventory than we had in January 2024. The current inventory supply is 11.0 months, as compared to 7.4 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 January 2025 Market Report
- St Lucie County Single Family Homes January 2025 Market Report
- Martin County Townhouses and Condos January 2025 Market Report
- Martin County Single Family Homes January 2025 Market Report
- St Lucie County Townhouses and Condos Sales 2024 Yearly Review
- St Lucie County Single Family Home Sales 2024 Yearly Review
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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