Is West Saint Lucie, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Saint Lucie is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, West Saint Lucie was a Seller's Market.

Key Takeaway

West Saint Lucie is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Saint Lucie, FL

How much do homes in West Saint Lucie, FL cost?

Median Sold Price

$390,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$34,900(-8.2%)

Key Takeaway

Homes in West Saint Lucie have sold for 8.2% less than they did a year ago.

Summary: The median home sold price in West Saint Lucie was $390,000 in March 2024, down 8.2% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $199K$145K
-27.1%
2 $189.9K$215K
+13.2%
3 $491.9K$395K
-19.7%
4 $480K$522.5K
+8.9%
5+ $492.5K$710.5K
+44.3%

Summary: West Saint Lucie housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.1%, 2 bedroom homes increased by 13.2%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 44.3%.

Median Sold Price Compared To Nearby Cities

Indiantown
+23.5%
Fort Pierce
+7.0%
Port Saint Lucie
+1.6%
West Saint Lucie
-8.2%

Housing Supply in West Saint Lucie, FL

How many homes are available in West Saint Lucie, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7885+9.0%

Summary: The West Saint Lucie real estate market had 85 homes for sale in March 2024, a 9.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2927
-6.9%
3 3232
0.0%
4 1320
+53.8%
5+ 46
+50.0%

Summary: The West Saint Lucie housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
770.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Saint Lucie, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in West Saint Lucie in March 2024, the same as the previous month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for West Saint Lucie, FL

How long does it take to sell a home in West Saint Lucie, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
73 Days58 Days-21.0%

Summary: Homes in West Saint Lucie had an average of 58 days on market in Mar 2024, down by 21% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Saint Lucie has remained consistent over time.

Summary: During March 2024, 7 homes were sold in West Saint Lucie; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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