St Lucie County Monthly Market Report - March March 2025 | Page 20

Monthly Market Detail- March 2025 Townhouses and Condos St. Lucie County
New Listings Inventory

New Listings by Initial Listing Price

The number of properties put onto the market during the month
Economists ' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value— and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
50 45 40 35 30 25 20 15 10 5 0
Economists ' note: There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market( regardless of whether they actually sell). Likewise, it falls when New Listings aren ' t keeping up with the rate at which homes are going off-market.
250 200 150 100 50
Less than $ 50,000
March 2024 March 2025
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
March 2024 March 2025
$ 200,000- $ 249,999

Inventory by Current Listing Price

The number of property listings active at the end of the month
$ 250,000- $ 299,999
Initial Listing Price New Listings
Percent Change Year-over-Year
Less than $ 50,000 0 N / A $ 50,000- $ 99,999 6 N / A $ 100,000- $ 149,999 15 50.0 % $ 150,000- $ 199,999 19 5.6 % $ 200,000- $ 249,999 18 20.0 % $ 250,000- $ 299,999 27 50.0 % $ 300,000- $ 399,999 29-35.6 % $ 400,000- $ 599,999 33-5.7 % $ 600,000- $ 999,999 12-36.8 % $ 1,000,000 or more 6-45.5 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
Current Listing Price
$ 600,000- $ 999,999
Inventory
$ 1,000,000 or more
50 45 40 35 30 25 20 15 10 5 0
Percent Change Year-over-Year
Less than $ 50,000 0 N / A $ 50,000- $ 99,999 18 800.0 % $ 100,000- $ 149,999 61 125.9 % $ 150,000- $ 199,999 82 18.8 % $ 200,000- $ 249,999 87 16.0 % $ 250,000- $ 299,999 89 7.2 % $ 300,000- $ 399,999 182 30.9 % $ 400,000- $ 599,999 206 31.2 % $ 600,000- $ 999,999 121 49.4 % $ 1,000,000 or more 35-7.9 %
250 200 150 100 50
0
Less than $ 50,000
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
$ 200,000- $ 249,999
$ 250,000- $ 299,999
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 1,000,000 or more
0
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.