The Lakes At Tradition
Homes for Sale in Port St. Lucie, FL

The Lakes At Tradition is a Port St. Lucie address delivering single-family product at a median price just over $300K, with a market that has cooled considerably from its peak and now favors deliberate, disciplined buyers.

BeachesMLS sales records identify 55 homes in The Lakes At Tradition that have changed hands since 2009, built between 2003 and 2008 (median 2005), with a median living area of about 1,680 sq ft and a typical 2-bedroom, 2-bath layout. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 57 qualified sales in The Lakes At Tradition across 2024–2025 (35 in 2024, 22 in 2025), median $368,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

The Lakes At Tradition is too small for its own price trend, so here is the market around it.

In ZIP 34987, 713 homes are on the market and 27% are under contract — a steady corner of Port St. Lucie.

Across St. Lucie County, 2,770 homes are active and 734 pending (21% under contract).

In ZIP 34987 (Port St. Lucie), 305 homes closed in the last 12 months at a median of $422K ($217/sq ft), with a median 68 days on market. Right now 96 active and 48 pending listings put supply at about 3.8 months — a balanced market. See the live ZIP 34987 housing market and the St. Lucie County market.

ZIP and county figures describe the wider market, not The Lakes At Tradition specifically. Momentum Research analysis of MLS records.

The median DOM of 124 days is the headline: homes are not moving quickly, and that four-month average absorb time reflects both the inventory that has come to market and buyers who are no longer in a hurry. The market heat score of 25 confirms what the days-on-market figure suggests—this is not a bidding-war climate, and urgency is absent.

Pricing at $191 per square foot is middle-of-the-road for Port St. Lucie, and the modest year-over-year pullback of 7 percent means the community is repricing in real time. The longer-term appreciation—156 percent since 2012—reminds us that the base was low, and that the recent softening is coming off an inflated high. Buyers should expect variability; some homes will show well and justify their ask, others will sit until the seller adjusts.

With only six closings in the trailing window, every transaction matters, and outliers can skew perception. The takeaway: underwrite each home individually, and do not assume the median represents what you will pay for a specific property. Condition, layout, and seller motivation will determine whether you land above or below that $306K midpoint.

In a slow-turning market like this, the difference between a fair deal and an overpay comes down to knowing which homes have been sitting, which sellers are motivated, and what comparable sales actually closed for after negotiations. We pull the contract history, track the price changes, and tell you when to walk—because in a community where inventory lingers and the sample size is small, the agent who lets you overpay is doing you no favors. We work the details so you buy with confidence, or don't buy at all.