Is Port Saint Lucie, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Port Saint Lucie was a Seller's Market.
Housing Prices in Port Saint Lucie, FL
How much do homes in Port Saint Lucie, FL cost?
Median Sold Price
$396,052
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Port Saint Lucie was $396,052 in April 2024, up 1.7% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $176K | $165K | -6.3% |
2 Bedrooms | $290K | $317.7K | +9.6% |
3 Bedrooms | $374.8K | $382.7K | +2.1% |
4 Bedrooms | $424.9K | $442.5K | +4.1% |
5+ Bedrooms | $529.9K | $512.5K | -3.3% |
Summary: Port Saint Lucie housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
Palm City | $580K | $669.7K | +15.5% |
Jensen Beach | $452.8K | $476K | +5.1% |
Port Saint Lucie | $389.3K | $396K | +1.7% |
West Saint Lucie | $417.5K | $389K | -6.8% |
Housing Supply in Port Saint Lucie, FL
How many homes are available in Port Saint Lucie, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,950 | 2,112 | +8.3% |
Summary: The Port Saint Lucie real estate market had 2,112 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 337 | 383 | +13.6% |
3 Bedrooms | 969 | 1,001 | +3.3% |
4 Bedrooms | 569 | 651 | +14.4% |
5+ Bedrooms | 67 | 68 | +1.5% |
Summary: The Port Saint Lucie housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 1.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
327 | 326 | -0.3% |
Asking Price vs. Sold Price
213 Homes Were Sold
Under Asking
70 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Summary: A total of 326 homes were sold or pending in Port Saint Lucie in April 2024, down by 0.3% month-over-month. Of the 326 sold homes, 65% were sold under asking, 21% were sold at asking, and 13% were sold over asking.
Days on Market for Port Saint Lucie, FL
How long does it take to sell a home in Port Saint Lucie, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 46 Days | -3.6% |
Summary: Homes in Port Saint Lucie had an average of 46 days on market in Apr 2024, down by 3.6% compared to last year.
Breakdown of Home Sale Times
164 Homes Were Sold
Under 30 Days
113 Homes Were Sold
In 30 - 90 Days
49 Homes Were Sold
Over 90 Days
Summary: During April 2024, 326 homes were sold in Port Saint Lucie; 50% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.