Martin County Single Family Homes October 2017 Market Report

Martin County Single Family Homes October 2017 Market Report

The Martin County Single Family Homes October 2017 Market Report showed a second month of weaker activity from last year. This decrease may be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 5.1% (was down by 20.3% in September).  While new pending sales decreased by 11.7% as compared to October of 2016 (Decreased by 40.5% in September).

Prices continued to rise with the median sales price up by 10.2% from last year (up by 12.1% in September) while the average price increased by 21.8% (was up by 3.6% last month).

The inventory of available single family homes increased from last month by 11 homes to 979 units for October,  this is  1.1% less than last October.  The current supply of homes is 4.8 months, for October of last year it was also 5.0 months supply.  Still a seller’s market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

October 2017 Martin County Single Family Homes Market Report

Click here to view or download the full report:
Martin County Single Family Homes October 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes October 2017 Market Report

Florida Single Family Homes October 2017 Market Report

Florida Single Family Homes October 2017 Market Report

The Florida Single Family Homes October 2017 Market Report showed stronger activity as compared to last year.  Closed sales were up by 2.0% (were down by 20.4% in September) and new sales under contract (new pending sales) were up by 10.1% (were down by 30.2% in September).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.1% and 6.8% respectively, compared to September’s 7.6% and 5.9%.

The inventory of available homes for sale fell by 5.7% from last year.  For October there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October of 2016 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

October 2017 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes October 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes October 2017 Market Report

Ocean Bay Villas November 2017 Market Report

Ocean Bay Villas November 2017 Market Report

For November 2017 there are 6 available homes in the Ocean Bay Villas townhouse community on Hutchinson Island FL.  List prices are from $389,000 up to $498,900, for an average list price of $440,467 which works out to $182.47 per sq. ft. of living area.

There is 1 townhouse currently under contract.  The list price was $399,900 or $149.11 per sq. ft. of living area.

There have been 4 closed sales in the past 12 months.  Sales prices ranged from $340,000 up to $460,000 which averages to $403,725 and is equal to $172.39 per sq. ft. of living area.  These homes sold for an average of 97% of list price and also averaged 297 days on market before going under contract.

About the Ocean Bay Villas on Hutchinson Island in Jensen Beach:

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave with only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three story luxury townhome style residences with elevators and modern updated interiors.

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool, and spa.  A true resort style lifestyle that can be yours every day.

Search for all Available Ocean Bay Villas on Hutchinson Island in Stuart Florida
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Ocean Bay Villas November 2017 Market Report

River Forest November 2017 Market Report

River Forest November 2017 Market Report

As of November 2017, there are 2 homes for sale in River Forest.  List prices are$250,000 and $339,750 for an average list price of $294,875 which equates to $175.17 per sq. ft. of living area.

There are no homes currently under contract awaiting settlement.

In the past 12 months, 10 homes have sold in River Forest.  Sales prices ranged from $254,500 up to $290,000 for an average sales price of $268,040 which equals $152.03 per sq. ft. of living area.  Sales averaged at 98% of list price and the average time on market before going under contract was only 28 days.

About River Forest in Stuart FL:

River Forest Club House, Stuart, Florida

River Forest Club House, Stuart, Florida

Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-built family homes. The community features a clubhouse, pool, playground and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River. River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

River Forest Community Pool in Stuart, Florida

River Forest Community Pool in Stuart, Florida

River Forest Home Owners Association

River Forest Boating in Stuart, Florida

River Forest Boating in Stuart, Florida

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River Forest November 2017 Market Report

Martin County Single Family Homes September 2017 Market Report

Martin County Single Family Homes September 2017 Market Report

The Martin County Single Family Homes Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 20.3% (was up by 30% in August).  While new pending sales decreased by 40.5% as compared to September of 2016 (Decreased by 14.5% in August).

Prices continued to rise with the median sales price up by 12.1% from last year (up by 17.4% in August) while the average price increased by 3.6% (was up by 23.3% last month).

The inventory of available single family homes decreased from last month by 55 homes to 968 units for September,  this is  0.3% less than last September.  The current supply of homes is 4.7 months, for September of last year it was also 4.9 months supply.  Still a seller’s market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes September 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes September 2017 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes September 2017 Market Report