ST LUCIE COUNTY HOME SALES SPEED UP JUST IN TIME FOR THE HOLIDAYS » Mortgage Masters Group
24340
post-template-default,single,single-post,postid-24340,single-format-standard,bridge-core-1.0.5,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-24.2,qode-theme-bridge,wpb-js-composer js-comp-ver-6.4.2,vc_responsive

ST LUCIE COUNTY HOME SALES SPEED UP JUST IN TIME FOR THE HOLIDAYS

A 1917 map of St Lucie County, Florida.

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 October. Here are statistics on single family homes

 

“The holiday buying season is upon us, and homes are going under contract at a rate we haven’t seen in years! In October, the median time to contract in St. Lucie County was 16 days, a 61 percent decrease from 2019. This decrease is due in part to the historically low levels of inventory. Our supply of inventory has decreased 51.4 percent to 1.8 months,” said Jarrod Lowe, President of Broward, Palm Beaches & St. Lucie Realtors®.

Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. Meanwhile, months’ supply of inventory is an estimate of the number of months it will take to deplete the current inventory given recent sales rates.

“Along with the 2020 trend of low inventory and low interest rates, St. Lucie County saw increases in median sale price and closed sales. Closed Sales rose by 24.6 percent to 638 while the median sale price increased 9.7 percent to $260,000. If you have any questions on buying or selling this holiday season, be sure to contact a local Realtor® for their expertise,” continues Lowe.

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.

 

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



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