According to Trendgraphix, Inc. and Florida Regional MLS, Port St Lucie, Florida zip code 34953 real estate market statistics for the month of September, 2010 show a total of 747 residential properties as active listings/currently for sale, down from 761 in August, 2010 and down from 981 in September 2009. There were 125 new listings on the market, down from 148 new listings in August. 92 properties sold in September down from 122 in August, a decrease of 24.6%. In September 75 properties moved in to Pending status down 39.5% from August's number of 124.
There is currently 8.1 months of inventory based on closed sales, up from 6.2 months of inventory in August. Current absorption rate is 12.3% based on closed sales, down from 16% in August.
The average price of Active listings is $122000, virtually unchanged from $123000 in August. The average sale price in September was $102000 which was up from $91000 in August and down only slightly from the average sold price of $106000 in September 2009.
Those properties that sold in September sold for an average of 97% of the list price with an average market time of 137 days on market, up from 109 days in August and 84 days in September 2009.
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