2014 St. Lucie County Mid-Year Real Estate
MARKET REPORT
2376 Johnston Road Ft. Pierce Offered at $649,000
FT. PIERCE S. HUTCHINSON OCEAN VILLAGE PORT ST. LUCIE 411 North US 1 772.461.3250
221 S. Ocean Drive 772.461.1324
100 Mainsail Drive 772.489.6100
7202 S. US 1 772.878.3200
N. HUTCHINSON 4007 N. A1A 772.464.7007
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
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
C
SOLD for $695,000 Asking Price $220,900
343 NW Straford Lane
PORT ST. LUCIE
4422 SW Masefield Street
oldwell Banker Paradise is the largest real estate brokerage firm in the area, with 9 offices serving St. Lucie, Indian River and Brevard Counties. We are commited to providing the highest level of real estate services to our clients.
For over 60 years our family-owned and operated company has assembled a highly trained and professional sales organization. We have specialists in residential and commercial sales, leasing services for both, as well as a property management division. Whether you are considering buying, selling, leasing or professional management of your property, give us a call. We are open 7 days a week for your convenience.
FT. PIERCE 772.461.3250
S. HUTCHINSON 772.461.1324
OCEAN VILLAGE 772.489.6100
PORT ST. LUCIE 772.878.3200
N. HUTCHINSON 772.464.7007