Port St Lucie is known as a city which resonates “Old Florida”. The area beaches are considered some of the finest in Florida and remain environmentally friendly with minimal urban condo sprawl. The beauty in Port St Lucie in part is the natural landscape. Unlike so many Florida cities that have been stripped of their natural habitat in the aftermath of the housing developments, the development of the City has not resulted in the removal of the trees, shrubbery, and wildlife. Not only is the City beautiful it is also continually recognized and awarded for outstanding management, budget, and safety. The City of Port St Lucie Office of Management and Budget including the Finance Department was awarded by different associations nationally for excellence for the last 20+ consecutive years. The Florida Department of Law Enforcement has rated Port St. Lucie as having the lowest crime rate in Florida for a city with a population of 100,000 for the past 11 consecutive years. Environmentally friendly, well budgeted, and low crime rate to make the City of Port St Lucie a desirable place to call home. It is no wonder it is one of the most sought-after housing markets in the US for 2015.
Based on Statistics released in the first quarter of 2015 from the National Association of Realtors the following companies have named Port St Lucie as the 2nd hottest housing market in the US.
- Investors Daily Business – Named Port St Lucie 2nd Hottest Housing Market
- Wall Street Journal – Listed the City of Port St Lucie as one of the Top 10 Metro areas
Contact Hamid Hakimi Port St Lucie Realtor for Custom Property List:
Phone: (772) 323-6730
Port St Lucie Market Report
In the aftermath of the real estate crash of 2007 the Port St Lucie home prices dropped to the lowest in the region, while many new construction project halted to become ghost projects. The recovery prove to be slow and difficult but it eventually improved toward 2012 and became noticeable by 2013 and never looked back from that point on. The upward trend has been steady and continuous attracting many out of area buyers to Port St Lucie real estate opportunities, which with today’s higher prices are still lower than the neighboring counties like Martin County and Palm Beach County. The following monthly or quarterly reports published by Florida Association of Realtors, FAR are the best indicators of the the market trend in Port St Lucie real estate.