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Port St Lucie, FL MARKET REPORT Week Ending Feb 22, 2012 2012 Market Trends
For a personal tour of this wonderful neighborhood here in Port St Lucie, FL, please call Kevin B Tolbert, PA today, and to see current listings, please CLICK HERE. And if you need to sell your home in Port St Lucie, FL, please www.SearchforSouthFloridaHome.Com is the only website you need to remember. We specialize in short sales and preventing foreclosure of your home, and if you qualify we can even get you cash back from your lender for relocation assistance at closing.
This has been our market for the first 2 months of 2012.
The most interesting item is our absorbsion rate was coming down very nicely while the foreclosures were in limbo over the robo signing investigations, however, take note of the number of listings added in January alone since the banks decided to start selling their foreclosures once again.
However, as the number of units has increased, so has the number of sales, thus keeping the absorbsion rate nearly in check.
And 1 HUGE CHANGE is the LIST PRICE to SALEPRICE for February where homes are now selling for an average of 107% over list. This is an GREAT INDICATION that we are rising in demand, in price, and ... more
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