ST. LUCIE COUNTY MEDIAN PRICE HITS $275,000 IN FEBRUARY » Mortgage Masters Group
24750
post-template-default,single,single-post,postid-24750,single-format-standard,bridge-core-1.0.5,qode-page-transition-enabled,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-25.8,qode-theme-bridge,wpb-js-composer js-comp-ver-6.6.0,vc_responsive

ST. LUCIE COUNTY MEDIAN PRICE HITS $275,000 IN FEBRUARY

St Lucie County Medium home price increase, represented by a house sitting on a stack on money

Just in! Newly released market reports from Florida Realtors® detailing recent real estate activity in St. Lucie County. The reports compare year-over-year data for February. Here are statistics on single family homes.

 

“We have a new high in median sale price for St. Lucie County! In February, the median sale price rose 17 percent year-over-year to $275,000. Homeowners should be optimistic as their home values continue to reach new levels. Just like we did in 2020, we’re seeing a steady streak of the median price outperforming the previous year,” said Karen Johnson, President of Broward, Palm Beaches & St. Lucie Realtors®.

Median sale price is our preferred summary statistic for price activity because, unlike average sale price, median sale price is not sensitive to high sale prices for small numbers of homes that may not be characteristic of the market area.

“The current inventory levels are the lowest we’ve seen in the past year with the months’ supply of inventory decreasing 55.3 percent to 1.7 months. What we’re seeing in our market is a vast decline in inventory levels which is leading to more buyer competition in the market. It’s a great time to invest in the real estate market as Florida continues to expand the vaccine eligibility and more Americans seek all that our state has to offer. If you have questions on the current market conditions or the home buying and selling process, contact a local Realtor® today for their expertise,” continues Johnson.

Months’ supply of inventory is a useful indicator of market conditions. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers’ market and anything lower is a sellers’ market.

 

Market Reports: St. Lucie Single FamilyOpens as PDF. | St. Lucie Townhouses/CondosOpens as PDF.



CALL NOW 772-340-4003

Port St Lucie Mortgages, VA Home Loans & Mortgage Refinancing throughout the Treasure Coast and all of Florida

Port Saint Lucie • Fort Pierce • Sebastian • Stuart • Vero Beach • Sewall's Point • Palm City • Jensen Beach • Hobe Sound • Lakewood Park • Port Salerno • Fort Pierce South • White City • North River Shores • & serving all the great state of Florida

Palm Beach Mortgages, VA Home Loans & Mortgage Refinancing throughout Palm Beach County and all of Florida

West Palm Beach • Boca Raton • Boynton Beach • Delray Beach • Wellington • Jupiter • Palm Beach Gardens • Greenacres • Lake Worth • Royal Palm Beach • Riviera Beach • Palm Springs • Belle Glade • North Palm Beach • Lantana • Palm Beach • Lake Park • Pahokee • Tequesta • South Bay • & serving all the great state of Florida

Broward Mortgages, VA Home Loans & Mortgage Refinancing throughout Broward County and all of Florida

Fort Lauderdale • Pembroke Pines • Hollywood • Miramar • Coral Springs • Pompano Beach • Davie • Plantation • Sunrise • Deerfield Beach • Lauderhill • Weston • Tamarac • Margate • Coconut Creek • Oakland Park • North Lauderdale • Hallandale Beach • Lauderdale Lakes • Dania Beach • & serving all the great state of Florida

Miami Mortgages, VA Home Loans & Mortgage Refinancing throughout Miami-Dade County and all of Florida

Miami • Hialeah • Miami Gardens • Miami Beach • Homestead • North Miami • Coral Gables • Doral • North Miami Beach • Cutler Bay • Aventura • Miami Lakes • Palmetto Bay • Hialeah Gardens • Sunny Isles Beach • Pinecrest • Opa-locka • Miami Springs • Sweetwater • Key Biscayne • & serving all the great state of Florida

Florida Mortgages, VA Home Loans & Mortgage Refinancing throughout all the great state of Florida

Jacksonville • Tampa • St. Petersburg • Orlando • Tallahassee • Cape Coral • Gainesville • Clearwater • Lakeland • Deltona • Largo • Melbourne • Fort Myers • Daytona Beach • Kissimmee • North Port • Ocala • Port Orange • Sanford • Pensacola • & serving all the great state of Florida