St Lucie County Townhouses and Condos Sales 2024 Yearly Review
The St Lucie County Townhouses and Condos Sales for 2024 continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage and insurance rates. Additionally, condos of three stories or more faced milestone studies for safety and often accompanying assessments. Year-to-year closed sales were down by 9.6% as compared to 2023 which saw a decrease of 10.5% and new sales under contract (new pending sales) decreased by 12.3% (2023 saw a decrease of 5.3%).
Prices were up slightly when compared to last year; however, these prices are not rising as fast as in previous years. The median sales price increased by 1.3% compared to the 8.9% rise last year. The average sales price was up by 2.6% as compared to the 19.1% increase in 2023.
Inventory increased by 37.4% as compared to 2023’s increase of 91.1%. At the same time, the monthly supply of inventory rose to 9.8 months as compared to 6.4 months for 2023. Saint Lucie County townhouses and condos entered into a buyer’s market after a long stretch of being in a seller’s market.
To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2024
View previous St Lucie County Yearly Reviews Here!
To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit PineappleGroupFL.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 Townhouses and Condos Sales 2024 Yearly Review
- St Lucie County Single Family Home Sales 2024 Yearly Review
- Martin County Townhouses and Condos Sales 2024 Yearly Review
- Martin County Single Family Home Sales 2024 Yearly Review
- St. Lucie County Townhouses and Condos 2024 4th Quarter Report
- St. Lucie County Single Family Homes 2024 4th Quarter Report
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