Martin County Single Family Homes November 2017 Market Report

Martin County Single Family Homes November 2017 Market Report

The Martin County Single Family Homes November 2017 Market Report showed better activity after two months of weaker results.  The weaker activity may have been hurricane related.  Closed sales were up by 11.9% (was down by 5.1% in October).  While new pending sales decreased by 4.7% as compared to November of 2016 (Decreased by 11.7% in October).

Prices were mixed with the median sales price up by 13.1% from last year (up by 10.2% in October) while the average price decreased by 4.3% (was up by 21.8% last month).

The inventory of available single family homes decreased from last month by 13 homes to 986 units for November,  this is  4.1% less than last November.  The current supply of homes is 4.8 months, for November of last year it was also 5.2 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 November 2017 Market Report

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

Windjammer Waterfront Condos December 2017 Market Report

Windjammer Waterfront Condos December 2017 Market Report

As of December 2017, there are 5 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $178,500 up to $229,900.  The average list price is $215,460 which equates to a price per square foot of living area of $180.91.

Currently, there are 2 condos under contract which has not sold as of this writing.  These condos were listed for $235,000 and $312,500 for an average list price of $273,750 or $229.85 per sq. ft. of living area and went under contract 108 days after it was listed.

In the past 12 months, 9 Windjammer Waterfront Condos have sold.  Sales prices ranged from $130,000 up to $300,000 for an average sales price of  $205,044 which equals $172.16 per sq. ft.  These condos sold for an average of 94% of the last list price and were on the market for an average of 130 days prior to accepting an offer.

Windjammer Waterfront Condos Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access.  There are 130 2 bedroom, 2 bathroom condos with porches.

Windjammer Waterfront Condos
Docks are deeded to the condos and are owned by the unit owners.  (Not every condo has an accompanying dock)  Dock sizes vary and go up to a 16′ beam and 40′ length.  Rentals are allowed with restrictions and 1 small pet is also allowed.
 Windjammer Waterfront Condos Windjammer Waterfront Condos

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Windjammer Waterfront Condos Homes for Sale in Palm City Florida

 

Windjammer Waterfront Condos December 2017 Market Report

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

Sunset Trace Palm City December 2017 Market Update

Sunset Trace Palm City December 2017 Market Update

As of December 2017, there is only one home for sale in Sunset Trace.  The list price is $194,500 or $144.50 per square foot of living area.

There are 2 homes under contract and awaiting settlement.  The list prices were $170,000 and $184,000 for an average list price of $177,000 which equals $133.94 per sq. ft. of living area.  These homes were on the market for an average of 61 days prior to going under contract.

In the past 12 months, 46 homes have sold in Sunset Trace.  Sales prices ranged from a low of $120,000 up to $184,900 for an average sales price of $150,074 which equals $114.16 per sq. ft. of living area.  These homes sold for an average of 97% of their final list price and went under contract in an average of 24 days of being on the market.

 About Sunset Trace in Palm City FL:

Sunset Trace in Palm City FL

Sunset Trace in Palm City FL

 

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  And only a 15-minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace in Palm City FL

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community:   DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace in Palm City FL

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

Sunset Trace in Palm City FL

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary SchoolHidden Oaks Middle School, and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and carefree.

Sunset Trace in Palm City FL

Sunset Trace in Palm City FL

 

Search here for:

Sunset Trace Villas and Townhomes for Sale

 

 

Sunset Trace Palm City December 2017 Market Update

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