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 neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, West Saint Lucie was a Buyer's Market.

Key Takeaway

West Saint Lucie is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in West Saint Lucie, FL

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

Median Sold Price

$426,952

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,952(+7.3%)

Key Takeaway

Homes in West Saint Lucie have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in West Saint Lucie was $426,952 in October 2024, up 7.3% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$645K
+344.8%
2 $209K$213.7K
+2.3%
3 $405K$422.4K
+4.3%
4 $502.5K$461.4K
-8.2%
5+ $446K$547.5K
+22.8%

Summary: West Saint Lucie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 344.8%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes increased by 22.8%.

Median Sold Price Compared To Nearby Cities

Indiantown
+7.5%
West Saint Lucie
+7.3%
Port Saint Lucie
+3.8%
Fort Pierce
+1.5%

Housing Supply in West Saint Lucie, FL

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
117110-6.0%

Summary: The West Saint Lucie real estate market had 110 homes for sale in October 2024, a 6.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 4037
-7.5%
3 3632
-11.1%
4 3430
-11.8%
5+ 79
+28.6%

Summary: The West Saint Lucie housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2018-10.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in West Saint Lucie in October 2024, down by 10.0% month-over-month. Of the 18 sold homes, 56% were sold under asking, 39% were sold at asking, and 6% 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

Oct 2023Oct 2024CHANGE
108 Days94 Days-12.9%

Summary: Homes in West Saint Lucie had an average of 94 days on market in Oct 2024, down by 12.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Saint Lucie has remained consistent over time.

Summary: During October 2024, 18 homes were sold in West Saint Lucie; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

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