Market Report for June 2009 - Port St Lucie, FL

Report for Port St Lucie, Florida -
Market Statistics > June 2009

The summer is upon us. In certain areas, activity slowed down a bit in June as school let out, the last remaining snow birds traveled home, and families prepared for vacations and 4th of July celebrations.

Port St Lucie boasted 472 residential sales*, 427 of which were single family homes. Compare that to June 2008's 344 residential sales (326 of which were single family homes) and we're up by 37% over last year.

Short Sales Sold in June 2009
So how many of those 472 sales were short sales in June? - 98.
Roughly 21% of our residential sales in June 2009 were Short Sales.
How quickly are these short sales closing? - 172 days is the median for June.

Click here for a better breakdown of sales and inventory.

All real estate is localized, meaning that the numbers for Port St Lucie as a whole don't necessarily translate the same into individual neighborhoods. Up in the Torino area new listings may fly off the market within days whereas other areas may not go so quickly.

If you're looking to buy or sell a property within a particular neighborhood or region I can tell you what's going on in your geo-area and what to anticipate. Start a conversation here.

*Residential Sales equates to Single Family Homes, Townhomes, Villas, Condos, Duplexes, and Manufactured Homes.
_____________________________________________________
The accuracy and authenticity of this information is not guaranteed.
Source: Regional MLS, Inc.
This report does not include sales sold "By Owner" or those transfered by other means; the report only contains properties within the Regional MLS.
07/15/2009 - Date that "active" inventory was pulled.
Prepared by Sarah Taylor of Re/Max Masterpiece Realty