St. Lucie’s Median Home Price Hits Record High

Market Reports for St. Lucie County
September 2018

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 September. Here are statistics on single family homes.

“Florida Realtors®’ September housing report shows that our St. Lucie County market for single family homes remains strongly in favor of sellers. Historically, September is a slow month for our local market and this past month was no different,” said John Slivon, Immediate Past President of the Realtors® of the Palm Beaches and Greater Fort Lauderdale.

There was a total of 404 closed sales in September, and 25% of those sales were paid in cash.

“The slower activity has given our inventory an opportunity to modestly increase, rising to 3.7 months’ supply, while the median sales price rose to a record high of $230,000. As we head into season, we will see more sales activity. We are hopeful that potential sellers will add to the inventory, thus releasing some pressure on the buyers in this very tight real estate market,” said Slivon.

Our new record high median home price of $230,000 is a 12.2% jump from last September’s $205,000.

Market Reports: St Lucie Single Family Homes | St Lucie Townhouses/Condos

Broward, Palm Beaches & St. Lucie Realtors® is the 3rd largest local Realtor® association in the country, representing 33,000 Realtors®, 35,000 MLS subscribers, and 5 regional boards across South Florida & the Treasure Coast. For more info, visit Rworld.com or contact Communications@rworld.com.