Florida real estate: More home sales, fewer new listings on Treasure Coast in December

In December 2024, the median home sale prices in Florida’s Treasure Coast cities were as follows:

Port St. Lucie: $420,000
Stuart: $550,000
Vero Beach: $450,000
Fort Pierce: $380,000
These figures represent year-over-year increases of 5% in Port St. Lucie, 7% in Stuart, 6% in Vero Beach, and 4% in Fort Pierce. The rising prices are attributed to limited housing inventory and sustained demand from buyers relocating from other states. Local real estate agents note that while higher interest rates have tempered some purchasing activity, the market remains competitive, especially for homes priced below $500,000. Looking ahead, experts anticipate modest price growth in 2025, with the potential for stabilization if inventory levels improve. for more information click here.