Amazing? Not Really! I am evaluating Pending listings for the month of Marche and year to date. As the 7 year cycle starts up again the improvement is proven in the numbers. The fall in the Port St Lucie FL Real Estate Market began spring of 2006. Here we are 7 years later and showing a 200+% improvement over just last year.
Ironically the improvement for homes listed up to 100K shows only a 143.5% improvement. This I must attribute to the rise in value of the homes in Port St Lucie. No - we don't have a million 50k priced homes anymore and we will never "go out of business". This IS Florida and we are on the coast.
Reflecting the activity for the improved values, we see a 225% increase on listings from 100-150k, 276% for 150-200 and 309% for 200-250K values.
Check out the numbers. How is your Market doing?
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