Is West 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, 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
$389,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Saint Lucie have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in West Saint Lucie was $389,000 in April 2024, down 6.8% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $145K | -27.1% |
| 2 Bedrooms | $190K | $206K | +8.4% |
| 3 Bedrooms | $470K | $392.5K | -16.5% |
| 4 Bedrooms | $485K | $525.2K | +8.3% |
| 5+ Bedrooms | $660K | $710.5K | +7.7% |
Summary: West Saint Lucie housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.1%, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Indiantown | $575K | $712.5K | +23.9% |
| Fort Pierce | $275K | $295K | +7.3% |
| Port Saint Lucie | $389.3K | $396K | +1.7% |
| West Saint Lucie | $417.5K | $389K | -6.8% |
Housing Supply in West Saint Lucie, FL
How many homes are available in West Saint Lucie, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 77 | 91 | +18.2% |
Summary: The West Saint Lucie real estate market had 91 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 25 | 30 | +20.0% |
| 3 Bedrooms | 29 | 33 | +13.8% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The West Saint Lucie housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Saint Lucie, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in West Saint Lucie in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 84 Days | 76 Days | -9.1% |
Summary: Homes in West Saint Lucie had an average of 76 days on market in Apr 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Saint Lucie has remained consistent over time.
Summary: During April 2024, 10 homes were sold in West Saint Lucie; 30% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.