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Our Port St Lucie Real Estate Market is exceeding the National Trends. See for yourself! 34987

By
Real Estate Agent with Keller Williams Advantage III Realty in Lake Nona BK3059813

real estate recovery
Riding the Trillion-Dollar Real Estate Recovery Roller Coaster.

 

Our Real Estate Market is absolutely on fire in Port St Lucie once again with most areas now having less than 4 months of available inventory and some areas with just at 2 months.

We have enjoyed rising prices for our sellers all year now starting in about Sept 2011 and the followiing charts will show just how spectacular our recovery truly is progressing.

 

 

Price Trends - Sold vs. Listed

 

 

 

The median list price in October for single family homes in Port Saint Lucie is $215,000. The list prices increased by 7.55%from the previous month.

The price per square foot for listings in this area is $73.

The median sale price in July for single family homes is $142,000. The sale prices dropped by -5.33% from the previous month.

Chart Temporarily Unavailable
 
 
Market Inventory Trends
 

The number of active listings in Port Saint Lucie dropped by 7.3% from the previous month.

The median number of days active properties have been listed is 88.

The number of sales in July dropped by 51.4% from the previous month.

Chart Temporarily Unavailable
 
Additional Statistics for Single Family Homes and Condos in Port Saint Lucie, FL
$197,030
Median Listing Price
85
Median Days on Market
59
Active Listings
37.3%
Distressed Listings
(foreclosures and short sales)


Jan-11Feb-11Mar-11Apr-11May-11Jun-11Jul-11Aug-11Sep-11Oct-11Nov-11Dec-11
# Months Inventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 44.5 8.18 7.15 6.64 3.91
# Active Listings 26 29 34 38 47 62 74 89 90 93 93 86
# Sold Listings 0 0 0 0 0 0 0 2 11 13 14 22
Absorption Rate 0 0 0 0 0 0 0 2 11 13 14 22

 

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Posted by

The Florida Tolbert Team, a division of Kevin B Tolbert Real Estate Network

Kevin B Tolbert PA

Accredited Land Consultant

Keller Williams Advantage III Realty

Keller Williams Land Division

Million Dollar Guild Award Certified Luxury Home Marketing Specialist

Certified International Property Specialist

Certified Distress Property Expert

BOLD Graduate X 16 Listing Specialist

9161 Narcoosee Rd, Suite 107

Orlando, FL 32827

Direct:  772-834-0099

Email:  fltolbertteam@gmail.com

To see all our local listings please goto www.kevinbtolbert.kw.Com.

To see all my blogs, please goto www.kevinbtolbertpa.com

 

Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Well, great graphics and a lot of great information, Kevin.  This is good news for your area! 

Oct 05, 2012 10:41 PM
C. Lloyd McKenzie
Living Albuquerque - Albuquerque, NM
Living Albuquerque

Good Morning Kevin...first,, congratulation on completing your entry into this contest.  Now in most cases I would say that beating the national average is no big deal, but this is a BIG DEAL...Your market is on fire

Oct 06, 2012 03:41 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Ron,

Thanks so much and let's just hope our buyers realize this is the time to buy as prices are now rising steadily.

Oct 06, 2012 12:35 PM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Lloyd,

Now we just need the buying public to understand this and JUMP BACK IN.

Oct 06, 2012 12:36 PM
Linda Calhoun
Calhoun Real Estate - Red River, NM
Selling Red River since 1962!

Good information.  Glad your market is doing so well right now.

Oct 08, 2012 12:57 PM
Evelyn Kennedy
Alain Pinel Realtors - Alameda, CA
Alameda, Real Estate, Alameda, CA

Kevin:

Nice post showing that Port Saint Lucie is indeed recovering from the market slow down.  Nice graphics.

Oct 09, 2012 08:47 AM