Florida Trend Staff | 3/27/2012
Inventory is down, but prices are anemic in the Treasure Coast. For the year, single-family home sales fell 6%, but the median price stayed level at $108,200. Condos saw just a slight dip in sales volume and a 6% rise to $85,600 in median sales price. “It’s stabilized,” says Sarah Taylor of RE/MAX Masterpiece Realty in Port St. Lucie. Taylor reports seeing a fair number of out-of-state people in their 50s buying now while prices are low. Buyers plan to rent their new purchases until they’re ready to retire.
Inventory is down, but prices are anemic in the Treasure Coast. For the year, single-family home sales fell 6%, but the median price stayed level at $108,200. Condos saw just a slight dip in sales volume and a 6% rise to $85,600 in median sales price. “It’s stabilized,” says Sarah Taylor of RE/MAX Masterpiece Realty in Port St. Lucie. Taylor reports seeing a fair number of out-of-state people in their 50s buying now while prices are low. Buyers plan to rent their new purchases until they’re ready to retire.
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