Highlights:
📊 Single-family home prices remained steady, with the median sale price holding at $400,000, unchanged from May 2025.
💰 Cash buyers are becoming more active, with cash purchases of single-family homes increasing 10.2% year-over-year and townhouse/condo cash sales rising 43.2%.
🏡 Inventory tightened across both property types. Single-family home inventory declined 11.4%, while townhouse/condo inventory dropped 19.8% compared to last year.
📉 Months of supply decreased, with single-family homes falling from 5.9 to 5.0 months and townhouses/condos dropping from 12.1 to 8.6 months, signaling a reduction in available inventory.
📈 Townhouse and condo sales surged, with closed sales increasing 30.3% year-over-year, while single-family home sales decreased 5.5%.
⏳ Properties are taking longer to secure contracts. Median days to contract increased to 52 days for single-family homes and 81 days for townhouses/condos.
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📞 Thinking about buying, selling, or renting in Tradition or Riverland? With inventory declining, cash buyers becoming more active, and townhouse/condo sales up more than 30%, understanding the local market is more important than ever. Reach out to Jason Taub at TAUB Real Estate for personalized guidance and a strategy tailored to your goals in today’s evolving Port St. Lucie market.📲
Source: Beaches MLS
