Port St. Lucie MSA Market Report, May 2026

The Port St. Lucie single-family market closed out May in a different position than it held a year ago. Inventory is shrinking, demand is climbing, and the price story has two sides worth understanding. If you’re watching this market for a sale, a referral, or a portfolio decision, here’s what the numbers say.

Inventory Has Turned a Corner

Active inventory sat at 3,073 single-family homes in May, down 15.2% from the 3,623 homes on the market a year earlier. That’s not a small shift. Inventory peaked at 3,802 homes in March 2025 and has been falling most months since. Months supply tells the same story, down to 4.8 months from 6.0 a year ago.Two Numbers, One Honest Story on Price

Median sale price climbed to $438,900 in May, up 3.3% from last year. Average sale price moved the other direction, down 2.6% to $592,703. When the median rises while the average falls, it usually means fewer ultra-high-end sales are pulling the average up, and the middle of the market, where most buyers and sellers actually transact, is gaining strength on its own.

Buyers Are Showing Up

Pending sales reached 1,110 homes under contract in May, up 7.8% from a year ago. New listings grew too, up 2.9% to 864. Closed sales held nearly even at 709, just 1.1% below last May, which in a market tightening this much is a sign of steadiness rather than a slowdown.

What This Means For You

A 4.8-month supply still sits in balanced territory, not a full seller’s market. But a year ago this market was absorbing inventory that had grown nearly 70%. Today it’s working through inventory that’s shrinking. If your pricing strategy or your read on this market is more than a few months old, it’s worth a second look.The Port St. Lucie Inventory Story Just Flipped