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 March 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
$395,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Port Saint Lucie was $395,000 in March 2024, up 1.6% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $170K | -2.9% |
2 Bedrooms | $290K | $317.8K | +9.6% |
3 Bedrooms | $374K | $380K | +1.6% |
4 Bedrooms | $427.4K | $435.9K | +2.0% |
5+ Bedrooms | $534.9K | $515K | -3.7% |
Summary: Port Saint Lucie housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Cities
Palm City | $580.8K | $670.3K | +15.4% |
Port Saint Lucie | $388.6K | $395K | +1.6% |
Jensen Beach | $479.9K | $470K | -2.1% |
West Saint Lucie | $424.9K | $390K | -8.2% |
Housing Supply in Port Saint Lucie, FL
How many homes are available in Port Saint Lucie, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,822 | 1,970 | +8.1% |
Summary: The Port Saint Lucie real estate market had 1,970 homes for sale in March 2024, a 8.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 8 | +60.0% |
2 Bedrooms | 296 | 340 | +14.9% |
3 Bedrooms | 920 | 990 | +7.6% |
4 Bedrooms | 541 | 563 | +4.1% |
5+ Bedrooms | 60 | 69 | +15.0% |
Summary: The Port Saint Lucie housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
264 | 290 | +9.8% |
Asking Price vs. Sold Price
188 Homes Were Sold
Under Asking
62 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 290 homes were sold or pending in Port Saint Lucie in March 2024, up by 9.8% month-over-month. Of the 290 sold homes, 65% were sold under asking, 21% were sold at asking, and 14% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 52 Days | -2.6% |
Summary: Homes in Port Saint Lucie had an average of 52 days on market in Mar 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
129 Homes Were Sold
Under 30 Days
99 Homes Were Sold
In 30 - 90 Days
62 Homes Were Sold
Over 90 Days
Summary: During March 2024, 290 homes were sold in Port Saint Lucie; 44% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.