Is There Any Rain in this April Market Update? 🌨

💥 St Lucie County Median Price in April is $218750 compared to March Median of $220444 (see chart below). A slight sprinkle? Prices stabilizing? Stay tuned… 

Tight inventory in the lower end under $225000, a lack of clean properties for sale, Interest rate increases, while minor so far, may be pushing some buyers into the condo & townhouse market. 

April & May sales activity turned into a flurry… so keep watching for next months update… 🔥

St. Lucie inventory is at a 3.5 month level a 5 or 6 month level is considered a “normal” market. Townhomes & condos are at a 5.3 month level of inventory.

🏡 Our statistics indicate 437 single family homes for sale in Port St. Lucie under $250000- the lowest since the “bust” started. And 1115 homes for sale in any price range in PSL. This includes some “to be built” built homes listed in MLS.

Questions or comments on your place in this market…

Contact us and Focus On Your Next Move!