2016 St Lucie County Mid-Year Real Estate
MA RK ET R EPO RT 7202 S US 1 Port St Lucie, FL 34952
772-878-3200
411 N US 1 Fort Pierce, FL 34950
221 S Ocean Drive Fort Pierce, FL 34949
772-461-3250
772-461-1324
St Lucie County
Mid-Year Comparison 2016 to 2015 Tightening Inventory Leading to Slight Dip in Sales, Prices Slowly Rising Healthy price increases across the spectrum are being
2,637
driven by inventory that is continuing to tighten. The healthiest growth market in sales and inventory is at the mid-level of the market, with homes prices $250k to $500k,
-0.9% Homes Sold
with new home construction driving increases in both sales and prices. Investment properties continue to be attractive but are becoming increasingly harder to locate. Working with a savvy realtor is how to best navigate this tight market.
Average Price +14.4% Price Point Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
Year
$189K
SINGLE FAMILY HOMES Condos Sold
Current Listings
Month’s Supply
Average Price
2016
2172
682
1.9
$161,774
2015
2359
780
2.5
$141,459
Change
-7.9%
-12.6%
-24.6%
+14.4%
2016
440
398
5.4
$304,951
2015
269
400
10.4
$312,006
Change
+63.6%
-0.5%
-47.8%
-2.3%
2016
25
57
13.7
$620,400
2015
30
82
24.3
$653,544
Change
-16.7%
-30.5%
-43.7
-5.1%
2016
0
16
0.0
$0
2015
4
27
46.5
$1,235,625
Change
-100.0%
-40.7%
NA
-100.0%
2016
2637
1153
2.6
$189,999
2015
2662
1289
3.6
$166,108
Change
-0.9%
-10.6%
-27.1%
+14.4%
Your Housing Forecast! Increased Sales and Decreased Inventory will Continue to Drive Prices Up
FOR SELLERS:
Bright and HOT!! Your home could be the one that buyers are waiting for! Let’s work together while the market is Extra HOT!
Inventory is tightening for St Lucie County condos with a -30.7% decrease in month’s supply. Overall sales
FOR BUYERS & INVESTORS:
increased slightly with a 1.9% increase.
Partly stormy at times because inventory is decreasing. It takes an experienced and savvy realtor to navigate! Let us be your GUIDE!
Overall average price increased a healthy 21.7% and is likely to continue to as inventory tightens. This market is
CALL US TO SEE HOW MUCH YOUR HOUSE IS WORTH IN THIS TIGHT MARKET!
good news for both sellers and buyers as it continues to stay competitive.
772-461-3250/878-3200
Price Point Under $250,000
$250,001 to $500,000
$500,001 to $1,000,000
Over $1,000,000
Total
CONDOS
Year
Condos Sold
2016
213
2015
Current Listings
Month’s Supply
Average Price
78
2.2
$87,990
208
119
3.4
$71,018
Change
+2.4%
-34.5%
-35.4%
+23.9%
2016
1
3
0.0
$450,000
2015
2
0
0.0
$347,750
Change
-50.0%
NA
NA
+29.4%
2016
0
3
0
$0
2015
0
1
0
$0
Change
0%
+100%
0%
0%
2016
0
0
0
$0
2015
0
4
0
$0
Change
0%
+100%
0%
0%
2016
214
84
2.4
$89,682
2015
210
124
3.4
$73,721
Change
+1.9%
-32.3%
-30.7%
+21.7%
R E C E N T LY S O L D S T L U C I E P R O P E R T I E S :
$583,000
8005 S Indian River Drive
$350,000
158 SW Hawthorne Circle
$269,000
4000 SW Forge Lane
E X C L U S I V E LY P R E S E N T I N G :
$265,000
5262 Slash Pine Trail
$160,000
4573 SW Rachel Street
$255,000
1206 S 10th Street
A B O U T C O L DW E L L B A N K E R PA R A D I S E : Voted BEST Indian River County brokerage by the readers of Treasure Coast Newspapers,Coldwell Banker Paradise is the oldest and largest, full service real estate company on the Space and Treasure Coast. Originally established by Ed and Marguerite Schlitt over 63 years ago in Vero Beach, the company is now owned by sister and brother team Linda Schlitt Gonzalez and Steven Schlitt. We are proud to boast that we have over 270 savvy real estate agents and 48 full time staff, including an exceptional fully staffed marketing department.We represent luxury, residential and commercial properties, along with having a property management division in each of our ten offices.
C O L D W E L L
B A N K E R
P A R A D I S E
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