Sales from 2010 to 2010 decreased 16% while the Avg price decreased 14%. Perhaps the lower prices can account for the lower Days on Market. On the low end it is interesting to see how the List to Sales price (and keep in mind these are the true handyman specials) remained around the 50% mark. This must mean the banks are still trying to value the homes higher or are not paying attention to property condition. With more foreclosures to come into the Port St Lucie Real Estate Market next year, I fear we may continue to see a devaluation of our property. Let’s hope not though. At least lets home the number of homes increases to speed up our housing market recovery.


