Closed Sales Skyrocket in St. Lucie County, One of the Best Places to Retire

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.

“Closed sales skyrocketed in September! St. Lucie County saw a 24 percent increase to 501 closed sales,” said Jarrod Lowe, Incoming President of the Realtors® of the Palm Beaches and Greater Fort Lauderdale.

Closed sales are one of the simplest – yet most important – indicators for the residential real estate market. Closed sales are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes rather than changes from one month to the next.

“Port St. Lucie was just named the 5th best place to retire in the country by U.S. News & World Report, the global authority in rankings and consumer advice. Retirees are taking notice that our area offers housing affordability, low taxes, and a close proximity to healthcare services. With closed sales and median price increasing year-over-year, it’s a great time to invest in the St. Lucie County market,” continues Lowe.

The median sale price increased 3.5 percent to $238,093. This is the highest median sale price that St. Lucie County has seen.  

Market Reports: St. Lucie Single Family | 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.