ST. LUCIE MEDIAN PRICE HITS $390,000 AS INVENTORY RISES YEAR-OVER-YEAR
Just in! May 2023 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.
St. Lucie County continues to see year-over-year increases in inventory with 1,171 active listings, a 41.3% increase from 2022. The county’s supply of inventory stayed at 2.4 months compared to 1.3 months in 2022 – a 84.6% increase.
“St. Lucie County’s median sale price reached $390,000 in May with inventory rising year-over-year,” says Chris Krzemien, president of Broward, Palm Beaches & St. Lucie Realtors®. “With South Florida experiencing an increase of people moving to the Sunshine State, it’s important to contact a Realtor® who understands that each transaction is a unique consumer experience that needs to be navigated with different levels of support, complexity and expertise.”
St. Lucie County’s median time to contract has increased 240% since 2022. This is typically a sign of longer closing times and/or declining numbers of cash sales. Contact a local Realtor® today to work with trusted advisors that both protects and guides consumers during the home buying and selling process.
View Reports: Single Family | Townhomes/Condos
About Broward, Palm Beaches & St. Lucie Realtors®
Broward, Palm Beaches and St. Lucie Realtors® is South Florida’s premier REALTOR association. More than 42,000 members in eight locations are equipped to sell real estate along 130 miles of coastline in South Florida and the Treasure Coast. Broward, Palm Beaches, St. Lucie Realtors® work to enhance its members' ability and opportunity to conduct business professionally, ethically and profitably throughout their career. As the third largest local association in the nation, the association empowers members as leaders and influencers in the industry and community. Broward, Palm Beaches and St. Lucie Realtors® is the local chapter of the National Association of REALTORS® To learn more visit, RWorld.com