2018 End of Year St Lucie County
RECENTLY SOLD
SOLD $455,000 638 SE Hidden River Drive
SOLD $319,000 1282 SW Goodman Avenue
SOLD $289,000
SOLD $265,000
5528 NW Scepter Drive
475 SW Friar Street
SOLD $319,000 109 SW Saratoga Avenue
SOLD $252,000 2521 SE Caladium Court
SOLD $250,000
SOLD $245,000
SOLD $285,000
1785 SE Westmoreland Blvd
1039 NW Tuscany Drive
1060 SW Idol Avenue
Call to see how much your home is worth! 772-461-3250 SOLD $262,900 2623 Chestnut Lane
SOLD $260,000 159 NW Willow Grove Avenue
STUART OFFICE 2384 NW Federal Hwy Stuart, FL 34994 772-301-0600 PORT ST LUCIE OFFICE 7202 US-1 Port St. Lucie, FL 34952 772-878-3200
FORT PIERCE OFFICE 411 US-1 Fort Pierce, FL 34950 772-461-3250
www.FLColdwellBanker.com
2018 St Lucie County End of Year Real Estate
MARKET REPORT
Price Point
Year
Homes Sold
Current Listings
Month’s Supply
Average Price
Condos Sold
Current Listings
Month’s Supply
Average Price
Under
2018
3632
801
2.6
$187,631
403
79
2.4
$114,525
$250,000
2017
4116
664
1.9
$180,765
417
90
2.6
$96,848
Change
-11.8%
+20.6%
+36.7%
+4.0%
-3.4%
-12.2%
-9.2%
+18%
$250,001 to
2018
1783
856
5.8
$300,648
6
2
4.0
$352,167
$500,000
2017
1349
634
5.6
$305,263
3
4
16.0
$330,667
Change
+32.2%
+35.0%
+2.2%
-2.0%
+100.0%
-50.0%
-75.0%
+7.0%
$500,001 to
2018
86
84
11.7
$602,484
0
3
0
$1,000,000
2017
75
81
13.0
$628,639
2
2
12.0
$648,667
Change
+14.7%
+3.7%
-9.6%
-4.0%
-100.0%
0.50%
0
$630,000
Over
2018
12
19
19.0
$1,397,750
0
1
0
+3.0%
$1,000,000
2017
6
27
54.0
$1,393,167
0
3
0
0
Change
+100.0%
-29.6%
-64.8%
+0.0%
0.0%
-66.7%
0
0
2018
5513
1760
3.8
$233,279
409
85
2.5
$118,011
2017
5546
1406
3.0
$218,416
422
99
2.8
$101,037
Change
+0.6%
+25.2%
+25.9%
+7.0%
-3.1%
-14.1%
-11.4%
+17%
Total
Steady Sales in St Lucie Results in Moderate Price Gains Home sales on the St Lucie County mainland have been stable throughout 2018. Excluding the luxury market, price increased were moderate. Inventory is still tight below $250,000 so expect further price increases in the 4% to 6% range. However, in the above $250,000 market, one should expect harder negotiations as both buyers and sellers will need to set realistic expectations. With inventory levels at +25.2%, buyers have room to choose. Having a savvy real estate agent at your side will help. If you are considering buying or selling, call 772-461-3250 to speak with an agent right away. Coldwell Banker Paradise is a proud member of the Schmidt Family of Companies, making us part of the 20th largest brokerage in the country. Specializing in luxury and resort markets, we have offices on the East Coast and West Coast of Florida, throughout North America, and in the Virgin Islands.
FLColdwellBanker.com