St Lucie County Monthly Market Report - March March 2025 | Page 8

Monthly Market Detail- March 2025 Single-Family Homes St. Lucie County

Inventory( Active Listings)

The number of property listings active at the end of the month
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.
Month
Inventory
Percent Change
Year-over-Year
YTD( Monthly Avg)
2,708
40.2 %
March 2025
2,797
43.1 %
February 2025
2,747
40.9 %
January 2025
2,580
36.3 %
December 2024
2,293
33.4 %
November 2024
2,311
37.7 %
October 2024
2,227
43.2 %
September 2024
2,235
58.7 %
August 2024
2,184
66.6 %
July 2024
2,067
69.6 %
June 2024
2,153
89.7 %
May 2024
2,062
76.1 %
April 2024
2,053
58.5 %
March 2024
1,954
36.7 %
Inventory
3,000 2,500 2,000 1,500 1,000
500 0
2021 2022 2023 2024
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

Months Supply of Inventory

An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
Economists ' note: MSI is a useful indicator of market conditions. The benchmark for a balanced market( favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers ' market, and anything lower is a sellers ' market. There is no single accepted way of calculating MSI. A common method is to divide current Inventory by the most recent month ' s Closed Sales count, but this count is a usually poor predictor of future Closed Sales due to seasonal cycles. To eliminate seasonal effects, we use the 12-month average of monthly Closed Sales instead.
Month
Months Supply
Percent Change
Year-over-Year
YTD( Monthly Avg)
6.0
42.9 %
March 2025
6.3
50.0 %
February 2025
6.1
45.2 %
January 2025
5.7
39.0 %
December 2024
5.1
41.7 %
November 2024
5.2
48.6 %
October 2024
4.9
48.5 %
September 2024
4.9
63.3 %
August 2024
4.7
74.1 %
July 2024
4.5
80.0 %
June 2024
4.7
104.3 %
May 2024
4.4
83.3 %
April 2024
4.4
69.2 %
March 2024
4.2
50.0 %
Months Supply of Inventory
7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
2021 2022 2023 2024
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.