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Frequently Asked Questions:
  "What is the selling price per square foot of a new PSL 4BR home?"
or
"What is the list price per square foot of a Martin County resale 3BR/2BA home?"

First, Port St. Lucie

 
       The graph below was prepared for the sale of some 295 new 4 bedroom homes in Port St. Lucie from January - mid-October 2005.
All homes were built in year 2005 and only non-waterfront, non-pool homes were considered.  Every home had a 2 car garage.

     The graph reveals just what a basic 2005 single family home (not mobile homes)  in this area costs per air-conditioned square foot of living space.
 
     The information does not just represent the cost of materials and labor. It is the contract sale price divided by the A/C Living Area as reported in the MLS. 
 
 

 
       It is also important to remember that a "smaller" home will have a higher SP/ACSF price than a "larger" house.  This is because the fixed cost of garage, lot, HVAC, and appliances when divided by lesser square-footage yield a higher number.  This increases the cost for small homes relative to larger homes.  The trendline on the graph below illustrates this relationship.  Basically what it means is "don't expect a 1600 sf home to have the same sf cost as a 2400 sf home.  It will be higher.  
 

 
 

For information about older re-sale homes or for sale price data on any subdivision contact Phil Dean

 

 

Martin County Prices

 
     
 

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