With inventory now lasting on the market longer, and more inventory coming on the market from foreclosures being released, if you have been waiting to see how high prices are going before you list yours, THE TIME IS NOW! A picture is worth a thousand words, so don't take my word for it. Here are the actual statistics as published directly from the Multiple Listing Service of all recent sales, listings, and trends.
This is the newest data source we have just obtained and these reports are phenomenal. You are about to see why NOW IS THE TIME for SELLERS to call Kevin B Tolbert PA of Keller Williams Realty of Port St Lucie today to SELL YOUR HOME without losing another moment.
We are now able to narrow down very specific neighborhoods and in greater detail, show the real estate market for Port St Lucie. Please leave comments on the content and any suggestions.
This first chart shows the inventory levels, the number of new lists, number of sales and absorbion rate for PGA Village at St Lucie West.
| Jul - 2013 | 83 | 24 | 12 | 6.92 |
| Jun - 2013 | 76 | 14 | 8 | 9.50 |
| May - 2013 | 72 | 11 | 17 | 4.24 |
| Apr - 2013 | 68 | 17 | 13 | 5.23 |
| Mar - 2013 | 73 | 15 | 12 | 6.08 |
| Feb - 2013 | 66 | 15 | 12 | 5.50 |
| Jan - 2013 | 60 | 19 | 6 | 10.00 |
This next chart shows the Days on market in comparison to sold prices and as you can see, July was a ROCKING MONTH for PSL with HIGHER SOLD PRICES and lower days on market.
| Jul - 2013 | $4,855,910 | $404,659 | 138 | 138 |
| Jun - 2013 | $2,798,000 | $349,750 | 143 | 143 |
| May - 2013 | $5,159,819 | $303,519 | 205 | 205 |
| Apr - 2013 | $5,169,000 | $397,615 | 131 | 131 |
| Mar - 2013 | $3,802,861 | $316,905 | 169 | 169 |
| Feb - 2013 | $2,806,350 | $233,863 | 152 | 152 |
| Jan - 2013 | $1,836,000 | $306,000 | 351 |
351 |
This next chart shows Average days of Market VS No. of Units Sold:
| Jul - 2013 | 83 | 24 | 12 | 138 | 138 |
| Jun - 2013 | 76 | 14 | 8 | 143 | 143 |
| May - 2013 | 72 | 11 | 17 | 205 | 205 |
| Apr - 2013 | 68 | 17 | 13 | 131 | 131 |
| Mar - 2013 | 73 | 15 | 12 | 169 | 169 |
| Feb - 2013 | 66 | 15 | 12 | 152 | 152 |
| Jan - 2013 | 60 | 19 | 6 | 351 | 351 |
This last chart shows Listed inventory was much increased, while SOLD prices crept up just slightly. The average SOLD price was just at 400K, so if this is the value of your home, these are the homes that are ready to sell NOW.
| Jul - 2013 | $31,605,615 | $9,405,600 | $5,123,850 | $4,855,910 | $380,791 | $391,900 | $426,988 | $404,659 | 95.0 |
| Jun - 2013 | $28,911,245 | $4,863,455 | $2,948,200 | $2,798,000 | $380,411 | $347,390 | $368,525 | $349,750 | 94.8 |
| May - 2013 | $28,696,080 | $4,071,510 | $5,515,299 | $5,159,819 | $398,557 | $370,137 | $324,429 | $303,519 | 93.3 |
| Apr - 2013 | $25,802,912 | $6,756,767 | $5,404,399 | $5,169,000 | $379,455 | $397,457 | $415,723 | $397,615 | 95.9 |
| Mar - 2013 | $26,965,611 | $5,069,613 | $4,023,561 | $3,802,861 | $369,392 | $337,974 | $335,297 | $316,905 | 94.4 |
| Feb - 2013 | $24,745,198 | $6,317,149 | $2,995,200 | $2,806,350 | $374,927 | $421,143 | $249,600 | $233,863 | 93.4 |
| Jan - 2013 | $22,117,210 | $5,643,300 | $1,891,700 | $1,836,000 | $368,620 | $297,016 | $315,283 | $306,000 |
97.2 |
And for SELLERS who have been waiting to see where prices will go before listing their home on the market, INTEREST RATES have risen nearly a point in the last month, and prices have started falling, and inventory is starting to increase.
This all points to prices NOT RISING but in fact FALLING for at least the immediate future, so if you have been waiting, ALL THE SIGNS say NOW is the time to call Kevin B Tolbert PA of Keller Williams Realty of Port St Lucie to SELL YOUR HOME today.
Home inventory in Port St Lucie is now down to less than 4 months in most areas and prices are now stabilizing and even falling in some areas like St Lucie West due to foreclosures finally making an appearance once again.
If you have been waiting for the right time to sell, we have more buyers than we have available homes for sale currently and inventory is starting to rise which should deter a few buyers from the market, thus slowing prices from rising.
Call Kevin B Tolbert PA of Keller Williams Realty of Port St Lucie today where 45% of Port St Lucie's Real Estate business was conducted in the last year.
With over 200 agents all working together to SELL YOUR HOME as one giant team, we are your ONLY choice for all your Real Estate needs.
CLICK HERE if you are ready to SELL YOUR HOME today in PGA Village at St Lucie West, whether it is a SHORT SALE, EQUITY SALE, or you just don't know, call Kevin B Tolbert, PA of Keller Williams of Port St Lucie.
If you are ready to sell your home in PGA Village at St Lucie West, then call your PGA Village at St Lucie West Real Estate Professional.
CLICK PGA Village at St Lucie West to see all BEAUTIFUL HOMES FOR SALE in PGA Village at St Lucie West! If you are ready to sell yours, CALL ME TODAY!
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Congress has extended this for only 1 more year and it ends December 31, 2013, so we have less than a year. If you have even thought about selling, NOW IS THE TIME to call Kevin B Tolbert PA at 772-834-0099, no matter where you are in the US, I can find a local partner Realtor to help with short selling your home.
We are conveniently located in St Lucie West just outside PGA Village & COMING SOON to our BRAND NEW LOCATION at 9700 Reserve Bvd inside the Welcome Center at PGA Village.
Call us today and find out why Keller Williams Realty of Port St Lucie in it's first year in Port St
Lucie has already become the largest Real Estate Firm in Port St Lucie with 45% of the sales for 2012.
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