Is West Saint Lucie, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Saint Lucie is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, West Saint Lucie has remained a Buyer's Market.

Key Takeaway

West Saint Lucie is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in West Saint Lucie, FL

How much do homes in West Saint Lucie, FL cost?

Median Sold Price

$416,500

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,500(+5.4%)

Key Takeaway

Homes in West Saint Lucie have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in West Saint Lucie was $416,500 in November 2024, up 5.4% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145K$452K
+211.7%
2 $210K$209K
-0.5%
3 $400K$412.5K
+3.1%
4 $505K$479.5K
-5.0%
5+ $710.5K$575K
-19.1%

Summary: West Saint Lucie housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 211.7%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 19.1%.

Median Sold Price Compared To Nearby Cities

West Saint Lucie
+5.4%
Port Saint Lucie
+3.8%
Indiantown
+3.6%
Fort Pierce
+1.0%

Housing Supply in West Saint Lucie, FL

How many homes are available in West Saint Lucie, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1111110.0%

Summary: The West Saint Lucie real estate market had 111 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 3935
-10.3%
3 3334
+3.0%
4 2930
+3.4%
5+ 99
0.0%

Summary: The West Saint Lucie housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 10.3%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1911-42.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Saint Lucie, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in West Saint Lucie in November 2024, down by 42.1% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.

Days on Market for West Saint Lucie, FL

How long does it take to sell a home in West Saint Lucie, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days104 Days+108.0%

Summary: Homes in West Saint Lucie had an average of 104 days on market in Nov 2024, up by 108% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in West Saint Lucie are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 11 homes were sold in West Saint Lucie; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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