Cheryl Brush - 2014 Mid-Year Market Report - St. Lucie County

2014 St. Lucie County Mid-Year Real Estate

MARKET REPORT

2376 Johnston Road Ft. Pierce Offered at $649,000

Cheryl Brush, Realtor, CSS 772.359.7706 Cheryl.Brush1@ColdwellBanker.com www.CBParadise.com/CherylBrush

S. HUTCHINSON

221 S. Ocean Dr. • 772.461.1324

OCEAN VILLAGE

100 Mainsail • 772.489-6100

2014 St. Lucie County Mid-Year Real Estate Report As specialists in our area, we are pleased to present mid-year key market indicators impacting local real estate values this year. We use this information to forecast market trends that are likely to occur throughout the year. Buyers, sellers and homeowners can make informed decisions based on current and comprehensive information specific to our area.

Historically, both the housing market and economy have been cyclical. After years of declining real estate values, stabilization is finally at hand. The indicators reflect mixed results for mid-year 2014 compared to the same time period a year earlier. Sales activity in most categories increased, and inventory levels remained close to stable, or decreased. However changes in the average sales prices varied in different market segments. The overall data suggests that a positive change in our local real estate market is well underway.

We invite your inquiries and welcome the opportunity to be of service to you. Please contact us directly at our Ft. Pierce office 772-461-3250, our South Hutchinson office 772-461-1324, our Ocean Village office 772-489-6100, our Port St. Lucie office 772-878-3200, or our North Hutchinson office 772-464-7007.

If you would like to continue getting our quarterly updates, just let us know. Email us at Schlitt@ColdwellBanker.com. We will make sure that a copy is delivered to you quarterly.

All the best, Linda Schlitt Gonzalez and Steven Schlitt, Owners

ST. LUCIE COUNTY SINGLE FAMILY HOMES MID-YEAR 2014 COMPARISON TO MID-YEAR 2013 Price Point Under $250,000

$250,001 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Year

Homes Sold

Current Listings

Month’s Supply

Average Price

2014

2,706

1,102

2.4

$122,556

2013

2,559

1769

4.1

$111,471

Change

+6%

-38%

-41%

+10%

2014

167

275

9.9

$318,788

2013

95

237

15

$327,949

Change

+76%

+16%

-34%

-3%

2014

14

54

23.1

$685,757

2013

22

47

12.8

$645,466

Change

-36%

+15%

+80%

+6%

2014

2

14

42

$1,057,500

2013

0

7

-

-

Change

-

+100%

-

-

2014

2,889

1,445

3

$137,281

2013

2,677

2,060

4.6

$123,546

Change

+8%

-30%

-36%

+11%

ST. LUCIE COUNTY CONDOS MID-YEAR 2014 COMPARISON TO MID-YEAR 2013 Price Point Under $250,000

$250,000 to $500,000

$500,001 to $1,000,000

Over $1,000,000

Total

Year

Condos Sold

Current Listings

Month’s Supply

Average Price

2014

394

109

1.7

$84,783

2013

332

154

2.8

$78,821

Change

+19%

-29%

-39%

+8%

2014

2

2

6

$417,500

2013

1

0

N/A

$275,000

Change

+100%

-

-

+52%

2014

0

0

N/A

N/A

2013

1

0

N/A

$600,000

Change

0%

0%

N/A

N/A

2014

0

0

0

N/A

2013

0

0

0

N/A

Change

0%

0%

0

N/A

2014

396

111

1.7

$86,464

2013

334

154

2.8

$80,969

Change

+19%

-28%

-39%

+7%

EXCLUSIVELY PRESENTING:

$399,900

$389,500

$289,500

2339 South Rock Road

2671 Conifer Drive

404 NW Canterbury Court

$259,900

$257,500

$239,777

2079 SW Danforth Circle

9250 Laurelwood Court

2950 SE Pine Valley Street

RANCHETTE ON 6.4 ACRES • FORT PIERCE

CBS POOL HOME • PALM CITY

MEADOWOOD • FT. PIERCE

AWESOME VIEWS • FT. PIERCE

POOL HOME • PORT ST. LUCIE

GOLF COURSE VIEWS • PORT ST. LUCIE

WE INVITE YOU TO VIEW OUR ENTIRE COLLECTION AT:

FLColdwellBanker.com

PRSRT SSTD ECRWSS U.S. POSTAGE PAID EDDMRETAIL

A SELECTION OF RECENT SOLDS:

Asking Price $725,000

RENAISSANCE ON THE RIVER • FORT PIERCE

20 Orange Avenue, PH 4

Asking Price $158,900 PORT ST. LUCIE

SOLD for $695,000 Asking Price $220,900 PORT ST. LUCIE

SOLD for $178,900

2500 SE Sapelo Avenue

SOLD for $158,900 Asking Price $199,500 SOLD for $179,900 Asking Price $214,900 SOLD for $184,900 ST. JAMES • PORT ST. LUCIE

1009 SW Juanita Avenue

343 NW Straford Lane

PORT ST. LUCIE

4422 SW Masefield Street

I signed a contract with Cheryl to sell my property in Ocean Village, South Hutchinson Island, Florida. Cheryl was professional, prompt and courteous. She was persistant in finding a buyer for me. When one deal fell thru, she promptly found another prospect who purchased my condo. She was personable and cordial. She kept me informed about the interest prospective buyers had in our property. Our deal closed quickly even though at that time the market was at the lowest.

I wish she was in Alabama to sell my home for me now!

Cheryl Brush, Realtor, CSS 772.359.7706 Cheryl.Brush1@ColdwellBanker.com www.CBParadise.com/CherylBrush

- Martha Rogers

S. HUTCHINSON 772.461.1324

OCEAN VILLAGE 772.489-6100