More great news for St. Lucie County and the real estate market.
In the US, existing-home sales increased in June to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high.
“St. Lucie County home prices continued to increase due to soaring buyer demand, days on market dropped dramatically to 35 days, and closed sales between $250,000-$299,000 saw an 85% increase, according to year-over-year statistics for June. These numbers will influence both buyers and sellers to take advantage of our dynamic real estate market indicators. Bloomberg Business online also recently named the city of Port St. Lucie as one of the leading cities in the nation to see economic growth in 2016. If you are in the market to buy or sell your home, I suggest speaking with a local REALTOR® for real insight on the homeownership process,” said Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).
Click here for complete PDF report for St. Lucie County.