St Lucie County Monthly Market Report - March March 2025 | Page 12

Monthly Market Detail- March 2025 Townhouses and Condos St. Lucie County
Summary Statistics
March 2025
March 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
94 121-22.3 % 53 70-24.3 %
Median Sale Price $ 315,000
$ 314,874 0.0 %
Average Sale Price Dollar Volume
$ 399,736 $ 374,149 6.8 % $ 37.6 Million $ 45.3 Million-17.0 %
Median Percent of Original List Price Received
93.1 % 95.4 %-2.4 %
Median Time to Contract 66 Days 48 Days 37.5 %
Median Time to Sale
102 Days
87 Days
17.2 %
New Pending Sales New Listings
105 165
110-4.5 %
171-3.5 %
Pending Inventory 145 Inventory( Active Listings) 881 Months Supply of Inventory 11.7
144 0.7 % 671 31.3 % 7.6 53.9 %

Closed Sales

The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
Month
Closed Sales
Percent Change
Year-over-Year
Year-to-Date
207
-15.5%
March 2025
94
-22.3%
February 2025
56
-22.2%
January 2025
57
9.6 %
December 2024
65
-3.0%
November 2024
44
-36.2%
October 2024
64
-17.9%
September 2024
74
-14.9%
August 2024
79
-29.5%
July 2024
79
0.0 %
June 2024
72
-29.4%
May 2024
113
-8.1%
April 2024
104
4.0 %
March 2024
121
7.1 %
250
2021 2022 2023 2024
Closed Sales
200 150 100 50
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, April 24, 2025. Next data release is Thursday, May 22, 2025.