St. Lucie County Mainland 3rd Quarter Market Report

Page 1

PRST STD ECRWSS U.S. POSTAGE

PAID

STUART, FL PERMIT NO. 274

RESIDENTIAL CUSTOMER

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 :

$237,500

$185,000

2215 Abcor Road

2065 Beauregard

$355,000

5224 Southwind Trail

E X C L U S I V E LY P R E S E N T I N G :

$1,850,000

10650 Carlton Road

$279,000

2117 SE Morningside Blvd

$219,900

5550 NW Ligon Circle

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 : With so much of the market changing so quickly, it takes a savvy and experienced agent to help guide you. Each of our Coldwell Banker Paradise agents have intimate knowledge of their local market, making them uniquely positioned to provide you with the best information when buying or selling your home. For your free market assessment, call our Port St Lucie office at 772-878-3200.

2016 St Lucie County Third Quarter Real Estate

M ARK E T RE P O RT 7202 S US 1 Port St Lucie, FL 34952

C O L D W E L L

B A N K E R

P A R A D I S E

W W W. F L C O L D W E L L B A N K E R . C O M

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

Third Quarter Comparison 2016 to 2015 Investors and first time home buyer demand is continuing to drive the lower end of the market, driving prices up by 30%. In stark contrast, inventory at the upper end of the market is high, with well over a years’ worth of inventory currently on the market. For the first time all year, both prices and inventory held steady at the mid-range of the market, for

4037-3.5% Homes Sold

single family homes priced $250k-$500k – showing an increase in inventory and a steady price hold. “After an

Price Point Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Year

Inventory is tightening for St Lucie County condos with a -17.6% decrease in month’s supply. Overall sales

FOR BUYERS & INVESTORS:

increased slightly with a 0.3% increase.

Partly stormy at times because inventory is decreasing. It takes an experienced and savvy realtor to navigate! Let us be your GUIDE!

SINGLE FAMILY HOMES

CALL US TO SEE HOW MUCH YOUR HOUSE IS WORTH IN THIS TIGHT MARKET!

good news for both sellers and buyers

$290K

Average Price +116.1% Homes Sold

Bright and HOT!! Your home could be the one that buyers are waiting for! Let’s work together while the market is Extra HOT!

to as inventory tightens. This market is

for St Lucie County. Demand seems to be driving prices of St Lucie

the board.

FOR SELLERS:

healthy 104% and is likely to continue

are being choosier at this level,” added Brian Lemen, Sales Manager

price increases across

Your Housing Forecast!

Overall average price increased a

aggressive start to the year in this segment, it may be that buyers

County condos up, with

Increased Sales and Decreased Inventory will Continue to Drive Prices Up

Current Listings

Month’s Supply

Average Price

774

2.1

$186,904

2016

3323

2015

3632

760

2.3

$143,584

Change

-8.5%

1.8%

-8.9%

30.2%

2016

679

567

7.5

$301,381

2015

507

436

10.7

$300,933

Change

33.9%

30.0%

-29.8%

0.1%

2016

38

87

20.6

$675,984

2015

39

91

32.4

$612,305

Change

-2.6%

-4.4%

-36.4%

10.4%

2016

2

23

103.5

$1,538,064

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

CONDOS

Year

Condos Sold

2016

309

2015

Current Listings

Month’s Supply

Average Price

83

2.4

$109,201

307

122

3.2

$71,533

Change

0.7%

-32.0%

-24.5%

52.7%

2016

2

3

13.5

$326,300

2015

2

2

9.0

$354,750

Change

0.0%

50.0%

50.0%

8.0%

2016

0

5

0

$920,800

2015

0

3

0

$0

Change

0%

+100%

0%

0%

2016

0

3

0

1,700,000

2015

1

4

0

$0

2015

7

24

72.0

$1,107,933

Change

-71.4%

-4.2%

43.8%

38.8%

Change

0%

+100%

0%

0%

2016

4037

1450

3.2

$290,243

2016

311

94

2.7

$210,070

2015

4185

1311

3.0

$134,280

2015

310

131

3.3

$102,982

Change

-3.5%

10.6%

7.8%

116.1%

Change

0.3%

-28.2%

-17.6%

104.0%

Total


St Lucie County

Third Quarter Comparison 2016 to 2015 Investors and first time home buyer demand is continuing to drive the lower end of the market, driving prices up by 30%. In stark contrast, inventory at the upper end of the market is high, with well over a years’ worth of inventory currently on the market. For the first time all year, both prices and inventory held steady at the mid-range of the market, for

4037-3.5% Homes Sold

single family homes priced $250k-$500k – showing an increase in inventory and a steady price hold. “After an

Price Point Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Year

Inventory is tightening for St Lucie County condos with a -17.6% decrease in month’s supply. Overall sales

FOR BUYERS & INVESTORS:

increased slightly with a 0.3% increase.

Partly stormy at times because inventory is decreasing. It takes an experienced and savvy realtor to navigate! Let us be your GUIDE!

SINGLE FAMILY HOMES

CALL US TO SEE HOW MUCH YOUR HOUSE IS WORTH IN THIS TIGHT MARKET!

good news for both sellers and buyers

$290K

Average Price +116.1% Homes Sold

Bright and HOT!! Your home could be the one that buyers are waiting for! Let’s work together while the market is Extra HOT!

to as inventory tightens. This market is

for St Lucie County. Demand seems to be driving prices of St Lucie

the board.

FOR SELLERS:

healthy 104% and is likely to continue

are being choosier at this level,” added Brian Lemen, Sales Manager

price increases across

Your Housing Forecast!

Overall average price increased a

aggressive start to the year in this segment, it may be that buyers

County condos up, with

Increased Sales and Decreased Inventory will Continue to Drive Prices Up

Current Listings

Month’s Supply

Average Price

774

2.1

$186,904

2016

3323

2015

3632

760

2.3

$143,584

Change

-8.5%

1.8%

-8.9%

30.2%

2016

679

567

7.5

$301,381

2015

507

436

10.7

$300,933

Change

33.9%

30.0%

-29.8%

0.1%

2016

38

87

20.6

$675,984

2015

39

91

32.4

$612,305

Change

-2.6%

-4.4%

-36.4%

10.4%

2016

2

23

103.5

$1,538,064

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

CONDOS

Year

Condos Sold

2016

309

2015

Current Listings

Month’s Supply

Average Price

83

2.4

$109,201

307

122

3.2

$71,533

Change

0.7%

-32.0%

-24.5%

52.7%

2016

2

3

13.5

$326,300

2015

2

2

9.0

$354,750

Change

0.0%

50.0%

50.0%

8.0%

2016

0

5

0

$920,800

2015

0

3

0

$0

Change

0%

+100%

0%

0%

2016

0

3

0

1,700,000

2015

1

4

0

$0

2015

7

24

72.0

$1,107,933

Change

-71.4%

-4.2%

43.8%

38.8%

Change

0%

+100%

0%

0%

2016

4037

1450

3.2

$290,243

2016

311

94

2.7

$210,070

2015

4185

1311

3.0

$134,280

2015

310

131

3.3

$102,982

Change

-3.5%

10.6%

7.8%

116.1%

Change

0.3%

-28.2%

-17.6%

104.0%

Total


PRST STD ECRWSS U.S. POSTAGE

PAID

STUART, FL PERMIT NO. 274

RESIDENTIAL CUSTOMER

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 :

$237,500

$185,000

2215 Abcor Road

2065 Beauregard

$355,000

5224 Southwind Trail

E X C L U S I V E LY P R E S E N T I N G :

$1,850,000

10650 Carlton Road

$279,000

2117 SE Morningside Blvd

$219,900

5550 NW Ligon Circle

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 : With so much of the market changing so quickly, it takes a savvy and experienced agent to help guide you. Each of our Coldwell Banker Paradise agents have intimate knowledge of their local market, making them uniquely positioned to provide you with the best information when buying or selling your home. For your free market assessment, call our Port St Lucie office at 772-878-3200.

2016 St Lucie County Third Quarter Real Estate

M ARK E T RE P O RT 7202 S US 1 Port St Lucie, FL 34952

C O L D W E L L

B A N K E R

P A R A D I S E

W W W. F L C O L D W E L L B A N K E R . C O M

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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.