St. Lucie County 1st Quarter Market Report

Page 1

2019 1st Quarter St Lucie County

PARADISE MEMBER SCHMIDT FAMILY OF COMPANIES

MARKET REPORT

Price Point

Year

Homes Sold

Average Price

Condos Sold

Under

2019

729

847

$250,000

2018

815

667

3.5

$192,089

86

105

3.7

$113,419

2.5

$182,014

89

90

3.0

$116,672

Change

-10.6%

+27.0%

+42.0%

+6.0%

-3.4%

+16.7%

+20.7%

+3.0%

$250,001 to

2019

346

846

7.3

$304,932

0

3

--

--

$500,000

2018

323

702

6.5

$317,092

1

4

12

$352,000

Change

+7.1%

+20.5%

+12.5%

-4.0%

-100.0%

-25.0%

--

--

$500,001 to

2019

19

94

14.8

$617,718

1

3

9

--

$1,000,000

2018

19

92

14.5

$594,205

0

2

--

--

Change

0.0%

+2.2%

+2.2%

+4.0%

+100.0%

+50.0%

--

--

Over

2019

0

39

0

--

0

1

--

$1,000,000

2018

2

26

39.0

$1,360,000

0

3

--

--

Change

-100.0%

+50.0%

--

--

--

-66.7%

--

--

2019

1094

1826

5.0

$235,170

87

112

3.9

$118,724

2018

1159

1487

3.8

$228,448

90

99

3.3

$118,986

Change

-5.6%

+22.6%

+30.1%

+3.0%

-3.3%

+13.7%

+17.0%

0.0%

Total

Current Month’s Listings Supply

Current Month’s Average Price Listings Supply


What’s Happening in the Local Housing Market? As one of the larger markets on the Treasure and Space Coasts, the St Lucie County housing market is a good barometer for what is happening across most segments of the housing market. With inventory levels stabilizing, prices Linda Nelson have evened out and we are slowly 772-971-7147 moving towards a market that favors buyers. With plenty of homes to choose from, buyers can afford to look for the right package of price, location and features. Sales slowed slightly, with the affordable mid-range homes moving most quickly. Condos saw a little slow down in sales, with inventory gaining. In this kind of market, pricing your home or condo is key to a fast sale. Working with a professional real estate agent can make all the difference. Coldwell Banker Paradise is a proud member of the Schmidt Family of Companies, making us part of the largest Coldwell Banker franchise 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. If you are considering buying or selling, call us in Paradise to find out the value of your current home, call me today: 772-971-7147.

PARADISE MEMBER SCHMIDT FAMILY OF COMPANIES


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