Here is the market data for our favorite market area in Port St Lucie, Tradition, FL and as you can see by this report for June, the NEW listings coming on the market has fallen off, and Rising Prices are still continuing.
You will also notice that DAYS ON MARKET and absorbion rate are rising as number of sales is slowing,
The one statistic that is RISING is the LISTING to SOLD price ratio with most homes sold ending in multiple offers due to the low inventory.
However, with rising interest rates and new foreclosures coming on the market very shortly, prices are almost certainly going to start falling, so for home owners in Port St Lucie and Tradition, if you have been holding off on listing your home to see how it was going to get, NOW is the time to be calling Kevin B Tolbert PA of Keller Williams Realty of Port St Lucie at 772-834-0099 and let us SELL YOUR HOME today as we still have very excited buyers for your TRADITION home, but once the new influx of foreclosures start hitting the market, it will become much more competitive to SELL YOUR HOME.
And you can click MARKET INSIDER REPORT to see all of the homes and land in the Port St Lucie, FL 34987 area.
The following report is going to show a sample of the rising prices and the diminishing inventory in Port St Lucie, FL 34987 and I will be posting a few more tonight for other areas as it is all Great news here in Port St Lucie, FL 34987 .
If you are ready to investment or sell in our wonderful market, call Kevin B Tolbert PA of Keller Williams Realty at 772-834-0099.
CLICK Port St Lucie, FL 34987 to see all BEAUTIFUL HOMES FOR SALE in Port St Lucie, FL 34987 ! If you are ready to sell yours, CALL ME TODAY!
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If you are underwater in your current home, and want to know if you qualify for a short sale, CLICK HERE. And if you want to know why there is only one choice of agent to SELL YOUR SHORT SALE home today, READ THIS: THE ONLY CHOICE to SHORT SALE YOUR HOME in PORT ST LUCIE, FL and that is KEVIN B TOLBERT PA of Keller Williams Realty
If you want to know what your home is worth, CLICK HERE.
| Jun - 2013 | 122 | 24 | 21 | 5.81 |
| May - 2013 | 107 | 40 | 0 | N/A |
| Apr - 2013 | 78 | 28 | 0 | N/A |
| Mar - 2013 | 57 | 18 | 0 | N/A |
| Feb - 2013 | 44 | 12 | 0 | N/A |
| Jan - 2013 | 37 | 9 | 0 | N/A |
| Summary Statistics | ||||||
| Jun-13 | Jun-12 | % Chg | 2013 YTD | 2012 YTD | % Chg | |
| Absorption Rate | 7.07 | 9.46 | -25.26 | 6.48 | 8.7 | -25.52 |
| Average List Price | $219,348 | $183,180 | 19.74 | $199,207 | $173,460 | 14.84 |
| Median List Price | $204,900 | $167,000 | 22.69 | $189,900 | $155,000 | 22.52 |
| Average Sale Price | $192,509 | $142,077 | 35.50 | $172,996 | $133,148 | 29.93 |
| Median Sale Price | $190,000 | $145,000 | 31.03 | $165,000 | $122,500 | 34.69 |
| Average CDOM | 99 | 135 | -26.67 | 100 | 130 | -23.08 |
| Median CDOM | 85 | 82 | 3.66 | 73 | 80 | -8.75 |
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