ST. LUCIE HOUSING INVENTORY RISES, SUPPLY REACHES 2.8 MONTHS
Just in! September 2022 reports have been released from Florida Realtors® detailing recent real estate activity in St. Lucie County. The reports compare year-over-year data. Here are statistics on single-family homes.
The upward trend continued in September, with the year-over-year monthly supply of inventory reaching 2.8 months. The median home price also rose again, with an increase of 19 percent to $392,590.
“With inventory rising, Realtors® and their buyers have the opportunity to comb through more listings to find that perfect home that’s just right. Even with more competing listings, sellers are still receiving a median of 97.7 percent of their original listing price,” said Carlos A. Melendez, President of Broward, Palm Beaches & St. Lucie Realtors®.
The Broward Palm Beaches & St. Lucie Realtors® also reports that closed sales are down 18.7 percent in September. Contact a local Realtor® today — they are the market experts and will serve as your advocate in the home buying or selling process. Learn more on how Realtors® can serve your needs at OnlyARealtor.com.
Broward, Palm Beaches & St. Lucie Realtors® is the 3rd largest local Realtor® association in the nation, representing over 42,000 Realtors®. Their subsidiary, BeachesMLS, powers over 43,000 MLS subscribers across South Florida & the Treasure Coast. For more info, visit Rworld.com or contact Communications@rworld.com.