Spring Real Estate Market Update Port Saint Lucie

The real estate market in Port St. Lucie, Florida is in good shape. There is a 5.1 month supply of inventory, showing a slight increase over the past year. Sellers are able to negotiate and sell their homes at a price close to the listing price. Homes are selling quickly, with a median of 52 days on the market. The median sale price for homes is $420,000, indicating a healthy market. Whether you're buying or selling, now is a great time to make a move. Contact Pauline Crane for more information. Welcome to All Things The Treasure Coast. My name is Pauline Crang. I'm a real estate agent at Keller Williams of Port St. Lucie. I'm excited to bring you a market update for April 2024 in the beautiful city of Port St. Lucie, Florida. Let's dive right into the numbers. Currently, we have a 5.1 month supply of inventory. This means that if no new listings were to come on the market, it would take 5.1 months to sell all the existing inventory. Over the last 12 months, we have seen a slight increase in month supply of inventory with a plus 8.51% change. The list to sole price percentage in Port St. Lucie is currently at 96.8%, indicating that sellers are able to negotiate and sell their homes at a price close to their listing price. This is great news for sellers in our market. The median days on market in Port St. Lucie is 52, showing that homes are selling relatively quickly in our area. Finally, the median sole price for homes in Port St. Lucie is $420,000. This is a strong indicator of the health and stability of our real estate market. Whether you're a buyer or seller, these numbers provide valuable insights into the current state of the real estate market in Port St. Lucie. If you're considering buying or selling a home in the area, now is a great time to make a move. My name is Pauline Crane. I'm a resident, homeowner, and realtor on the Treasure Coast. Thanks for watching my market update. Please give me a call, or like and subscribe. I look forward to hearing from you, and thanks for watching.