St. Lucie County home prices rise despite 11% drop in sales

MAY 23, 2020 | 12:15 P.M. | ST. LUCIE COUNTY–The median sale price of single-family homes is still on the rise in the county. Despite the pandemic, home values rose by 6.3 percent year-over-year to $244,400.

Meanwhile, there was a decrease in closed sales by 11.3 percent, which is understandable as it was necessary to postpone some closings, said Jarrod Lowe, President of Broward, Palm Beaches & St. Lucie Realtors.

“With the reopening of St. Lucie County, I anticipate that our market will start to normalize over the summer months ahead,” Lowe said.

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