Sewalls Landing Real Estate Market Report April 2024

04.03.24 by

Sewalls Landing Real Estate Market Report April 2024

For April 2024, there is 1 home for sale in Sewalls Landing, The list price is $1,300,000 which is $402.23 per sq. ft. of living area.

There are no Sewalls Landing homes currently under contract.

In the past 12 months, there have been 5 Sewalls Landing home sales. The sales prices ranged from $740,000 up to $1,250,000. This is an average sales price of $967,400 which equals $356.92 per sq. ft. of living area. These homes were on the market for an average of 30 days before going under contract. And, they sold for 93% of the list price.

Click here to view the previous Sewalls Landing market report!

About Sewalls Landing:

Sewalls Landing real estate in Jensen Beach Florida
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Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls Landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park, and much, much more. 

Sewalls Landing real estate in Jensen Beach Florida
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This gated community consists of 51 home sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generously sized lots from just under a ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3-car garages.  Sewalls Landing residents enjoy low HOA fees.

Children attend Felix Williams Elementary, Stuart Middle, and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought-after community in Martin County, FL.

Sewalls Landing real estate in Jensen Beach Florida

Search for Sewalls Landing Homes for Sale

 

 

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Sewalls Landing Real Estate Market Report April 2024

The Courtyards at Willoughby Real Estate Market Report April 2024

04.02.24 by

The Courtyards at Willoughby Real Estate Market Report April 2024

There are 3 townhouses/condos currently for sale in the Courtyards at Willoughby. The list prices range from $264,999 up to $338,000. This is an average sales price of $310,966 which works out to $229.16 per sq. ft. of living area. 

There are also no Courtyards of Willoughby condos under contract at this time.

In the past 12 months, only 1 Courtyards of Willoughby condo has sold. The sales price was $307,500 which equals $267.86 per sq. ft. of living space.  This condo sold for 95% of the list price. And, this home was on the market for 73 days before going under contract.

Click here to view previous Courtyards at Willoughby market reports

About the Courtyards at Willoughby:

Courtyards at Willoughby in Stuart Florida
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The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining, and entertainment areas that Stuart, Jensen Beach, and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from. These units are spacious and well-appointed, and many feature private balconies or patios. The community is also well-maintained, with lush landscaping and manicured grounds. The models are The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedrooms, 2 bathrooms, two-level homes with 1,532 sq. ft. of living area down to 2 bedrooms, 2 baths, one-level living with 1,125 sq. ft. of living space and some models feature garages.  Up to 1 medium-sized pet is allowed.

Courtyards at Willoughby in Stuart Florida
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This community features a swimming pool, a sundeck and cabana grilling area, and a 24-hour fitness center! The surrounding school district is ‘A-rated.

The Courtyards at Willoughby

Here are some of the things that make the Courtyards of Willoughby a great place to live:

  • Centrally located in Stuart
  • Close to downtown Stuart, the Willoughby Golf Course, and the Port Salerno Waterfront District
  • Swimming pool,
  • Pet-friendly
  • Variety of floor plans to choose from
  • Spacious and well-appointed units
  • Well-maintained community with lush landscaping and manicured grounds
The Courtyards at Willoughby

Search Here for Courtyards at Willoughby Condos for Sale

Search for The Courtyards at Willoughby homes in Stuart Florida

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

The Courtyards at Willoughby Real Estate Market Report April 2024

Stuart Florida Real Estate presented by
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Beau Rivage Real Estate Market Report April 2024

04.01.24 by

Beau Rivage Real Estate Market Report April 2024

For April 2024, there are 7 homes available for sale in Beau Rivage in Stuart Florida. The list prices range from $399,900 to $2,999,999. This equals an average list price of $1,308,928 or $523.91 per sq. ft. of living area.

There are 3 Beau Rivage homes currently under contract. The list prices ranged from $550,000 up to $2,500,000. This was an average list price of $1,481,667 which is $596.78 per sq. ft. of living space. These homes were on the market for an average of 76 days before going under contract.

In the past 12 months, 12 Beau Rivage homes have sold.  Sales prices ranged from $265,000 up to $1,575,000.  The average sales price was $661,883 which equaled $335.19 per sq. ft. of living area.  These homes averaged 43 days on the market before going under contract. And, they sold for an average of 98% of the last list price.

Click here to view the previous Beau Rivage market report!

About Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates real estate in Stuart Florida
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Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms.

Beau Rivage Estates real estate in Stuart Florida

Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary School, and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Beau Rivage Estates real estate in Stuart Florida
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Search for Beau Rivage Homes for Sale

Search for Beau Rivage homes in Stuart Florida

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County, and the State of Florida please click on this link.

Beau Rivage Real Estate Market Report April 2024

Rustic Hills Real Estate Market Report March 2024

03.31.24 by

Rustic Hills Real Estate Market Report March 2024

For March 2024, there are 6 homes available for sale in Rustic Hills in Palm City FL.  List prices ranged from $737,000 up to $1,599,555.  This is an average list price is $1,003,492 or $495.68 per sq. ft. of living area.

There are no Rustic Hills homes under contract at this time.

In the past 12 months, 10 Rustic Hills homes have sold.  Sales prices ranged from $540,000 up to $970,000. This average sales price of $706,500 equates to $379.44 per sq. ft. of living space.  Sales prices averaged 95% of the last list price. And, these homes averaged 82 days on the market before going under contract.

Click here to view the previous Rustic Hills market report!

About Rustic Hills in Palm City FL:

Rustic Hills Palm City Boating Community
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Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 homesites geared for families who also enjoy boating. All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks. A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills. Great families and good neighbors through a series of winding one-lane roads that make this neighborhood unique in today’s fast-paced lifestyles. Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even rebuilt to today’s standards.

Rustic Hills Palm City Boating Community
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Recent Rustic Hills home sales:

Truly a ‘rustic’ area, but close to shopping, beaches, and all modern amenities. It is only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Rustic Hills covered bridge

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.  Rustic Hills is an amicable family neighborhood where children are seen playing outside at all times and neighbors take the time to make sure that all is well.

There are some exceptional opportunities for prospective homebuyers in Rustic Hills.

Search for currently available homes in Rustic Hills, Palm City, Florida

Rustic Hills homes for sale in Palm City FL

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Rustic Hills Real Estate Market Report March 2024

Jensen Beach Club Real Estate Market Report March 2024

03.30.24 by

Jensen Beach Club Real Estate Market Report March 2024

There are 4 condos for sale in the Jensen Beach Club on Hutchinson Island in Jensen Beach FL for March 2024.  The list prices range from $325,000 up to $425,000. This is an average list price of $364,500 which equals $334.41 per sq. ft. of living area.

There is 1 Jensen Beach Club condo currently under contract.  The list price was $415,000 or $380.73 per sq. ft. of living area. These condos were on the market for an average of 5 days before going under contract.

In the past 12 months, 4 Jensen Beach Club condos have sold. Sales prices ranged from $335,000 up to $455,000.  This equals an average sales price of $409,975 which is $370.32 per sq. ft. of living area. These condos were on the market for an average of 45 days before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Jensen Beach Club market report!

About the Jensen Beach Club on Hutchinson Island:

Jensen Beach Club on Hutchinson Island
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The Jensen Beach Club is a complex consisting of 9 buildings surrounding a lake on Hutchinson Island and lying on a pristine 21 acres. Located directly across the street from the Ocean at the Jensen Beach Public Beach. There are 196 condos which are all 1,090 sq. ft. of living area. They are all 2 bedrooms and 2 bathrooms with private balconies or patios. The Jensen Beach Club complex was built between 1986 and 1987 and has a community pool, clubhouse, and tennis courts. These are three-story buildings with the most desirable condos being the end units with lake views.

The Jensen Beach Club will allow up to a 25 lb. or smaller pet and rentals are also allowed with some restrictions. The maintenance fee includes the insurance and maintenance for the building exterior as well as the common areas, pest control, management, and water, and sewer charges.

There are two designated parking spots for each unit and ample guest parking as well. Jensen Beach Club residents enjoy the convenience of having ocean access just across the street. And, also being a short drive or bicycle ride to restaurants, shopping, and the wonderful amenities of Jensen Beach and Martin County FL. All at a very affordable price.

Jensen Beach Club on Hutchinson Island

Search for available Jensen Beach Club Condos here.

Jensen Beach Club condos for sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House –Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View –Sailfish Point – Sandpebble – Seaside – Suntide

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Jensen Beach Club Real Estate Market Report March 2024

Lighthouse Point and Seagate Harbor Market Report March 2024

03.29.24 by

Lighthouse Point and Seagate Harbor Market Report March 2024

For March 2024, there are 13 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  List prices range from $729,000 up to $2,550,000.  This is an average list price of $1,389,462 which equals $637.90 per square foot of living area.

There are no Lighthouse Point and Seagate Harbor homes currently under contract.

16 Lighthouse Point and Seagate Harbor homes have been sold in the past 12 months.  Sales prices ranged from $605,000 up to $2,750,000.  This works out to an average sales price of $1,286,119 which equals $595.43 per square foot of living area.  These homes were on the market for an average of 89 days before going under contract. And, they sold for an average of 94% of the list price.

Click here for the previous Lighthouse Point and Seagate Harbor market report!

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL

A true boater’s and sailor’s delight in an affordable waterfront niche community with deep water dockage! With, families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A-Rated schools!

Lighthouse Point and Seagate Harbor in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deepwater canals. Additionally, some select homes come with wide views of the Saint Lucie River. There is a community boat ramp also available providing everything a boater would ever want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get-togethers throughout the year. Additionally, these two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high spans 60’ +). Furthermore, these canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in a major transformation. Currently, many larger and newer homes are replacing the smaller homes of the previous era.

So, those of you looking for an affordable waterfront in the Martin County area may want to act sooner rather than later as current prices have been rising rapidly.

Search for available homes in Lighthouse Point and Seagate Harbor

Search for Lighthouse Point and Seagate Harbor homes for sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Lighthouse Point and Seagate Harbor Market Report March 2024

Governors Landing Real Estate Market Report March 2024

03.28.24 by

Governors Landing Real Estate Market Report March 2024

There is 1 home on the market in Governors Landing in Hobe Sound FL for March 2024. The list price is $1,137,500 which is $506.91 per sq. ft. of living area.

There are no Governors Landing homes currently under contract.

In the past 12 months, there have been 2 Governors Landing home sales. The sales prices were $870,000 and $1,325,000. This equals an average sales price of $1,097,500 or $400.40 per sq. ft. of living area. These homes were on the market for an average of 148 days before going under contract. And, they sold for 97% of the last list price.

Click here to view the previous Governors Landing market report!

About Governors Landing in Hobe Sound FL

Governors Landing in Hobe Sound Florida
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Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks.   And, on the west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  This is a very convenient location about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors Landing in Hobe Sound Florida

Governors Landing has both canal homes with ocean access docks as well as lakefront homes. Many of the non-canal homes come with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Homes were built between 1988 and 2006 in Governors Landing.  Existing lot sizes range from just over 1/6th to just under ½ acres. The home sizes range from 3 bedrooms, 2 bathrooms, 2 car garage with around 2,400 sq. ft. of air-conditioned living area up to 5 bedrooms, 5 bathrooms, 3 car garage homes with 5,000 sq. ft. of living area.

Governors Landing in Hobe Sound Florida
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Low HOA fees include the maintenance and upkeep of the security gate, common areas as well as community docks and ramps as well as basic cable TV service.

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School, and South Fork High School.

For those looking for luxury ocean-access homes with convenient access to good schools, medical facilities, and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Governors Landing Real Estate Market Report March 2024

St Lucie County Single Family Homes February 2024 Market Report

03.27.24 by

St Lucie County Single Family Homes February 2024 Market Report

The February 2024 St Lucie County Single Family real estate market showed slightly improved sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were up by 1.4% for the month compared to last year (in January they were down by 20.7%). New sales under contract (new pending sales) decreased by 3.6% (they were down by 14.7% last month).

Prices were higher for February when compared to last year.  The median sales price was up by 5.4% (was up by 5.9% in January).  The average sales price was up by 11.1% (it was up by 9.4% in January).

The number of available homes for sale increased by 56 homes to 1,949 units.  This inventory is 21.9% greater than last year.  The current supply of homes is 4.2 months (it was 3.0 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 months supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes February 2024 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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.

St Lucie County Single Family Homes February 2024 Market Report

South Fork Estates Real Estate Market Report March 2024

03.27.24 by

South Fork Estates Real Estate Market Report March 2024

There are no homes for sale in the South Fork Estates in Stuart FL for March 2024.

There are 2 South Fork Estates homes under contract at this time. The list prices were $899,900 and $975,000. This equals an average list price of $937,450 or $336.37 per square foot of living area. These homes were on the market for an average of 17 days before going under contract.

In the past 12 months, there have been 2 South Fork Estates home sales.  Sales prices were $699,000 and $925,000.  This works out to an average sales price of $812,000 which is $363.63 per square foot of living area.   These homes averaged 48 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here for the previous South Fork Estates market report!

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart Florida
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A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart Florida
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There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3-car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart Florida
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Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates is a great community to call home.

Search for homes for sale in South Fork Estates

Search for South Fork Estates homes for sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County, and the State of Florida please click on this link.

South Fork Estates Real Estate Market Report March 2024

Martin County Townhouses and Condos February 2024 Market Report

03.26.24 by

Martin County Townhouses and Condos February 2024 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 2.4%.  They were up by 22.0% in January.  New sales under contract (new pending sales) were unchanged from last year.  They were down by 12.2% in January.

Prices were down for February.  The median sales price decreased by 6.8% (was down by 11.1% last month). And, the average sales price decreased by 0.5% (was down by 11.0% in January).

The available townhouses and condos inventory increased by 40 units to 548 properties.  This is a 77.9% greater supply of inventory than we had in February 2023.  Currently, there’s a 6.3 months supply of inventory (compared to 3.6 months for February 2023).  We’ve re-entered a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Townhouses and Condos February 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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 Townhouses and Condos February 2024 Market Report

Martins Crossing Real Estate Market Report March 2024

03.26.24 by

Martins Crossing Real Estate Market Report March 2024

For March 2024 there are 3 homes available for sale in Martins Crossing in Stuart FL.  The list prices range from $455,000 up to $650,000. This is an average list price of $533,333 which equals $252.50 per sq. ft. of living area.

There are 5 Martins Crossing homes currently under contract.  The list prices ranged from $490,000 to $649,000.  This equals an average list price of $548,778 which is $256.30 per sq. ft. of living area.  These homes went under contract in an average of 32 days.

In the past twelve months, 26 Martins Crossing homes have sold.  Sales prices ranged from a low of $287,500 to a high of $625,000.  This equals an average sales price of $428,827 which works out to $228.06 per sq. ft. of living area.  These homes sold at an average of 99% of the last list price. And, they went under contract in an average of 21 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
Google Earth image

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts 596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing in Stuart Florida
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Martins Crossing community amenities include lush landscaping and private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, an oversized deck, tennis courts, and a playful tot lot all nearby.

Martins Crossing in Stuart Florida
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Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping, and quick access to I-95.  All this in a wonderful ‘A-rated school system.

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Martins Crossing Real Estate Market Report March 2024

Martin County Single Family Homes February 2024 Market Report

03.25.24 by

Martin County Single Family Homes February 2024 Market Report

The Martin County Single Family Homes Market Report showed strong sales activity when compared to last year. Even as we face some economic uncertainties, mortgage rates appear to have peaked and started to decline. Closed sales were up by 34.7% from last year (they were down by 5.3% in January). At the same time, new pending sales increased by 2.5% compared to last year (which increased by 9.0% last month).

Prices were higher for February as compared to last year.  The median sales price increased from last year by 20.4% (down by 0.7% in January) while the average sales price increased by 5.9% (up by 56.2% last month).

The inventory of available single-family homes increased by 41 homes to 677. This is a 31.5% greater inventory than last February.  The current supply of homes is 4.1 months.  For February of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Single Family Homes February 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 February 2024 Market Report

The Meadows Real Estate Market Report March 2024

03.25.24 by

The Meadows Real Estate Market Report March 2024

There are currently 10 homes for sale in the Meadows in Palm City FL.  The list prices range from $328,000 up to $549,000.  This is an average list price of $427,490 which equals $275.67 per sq. ft. of living area.

There are 12 Meadows homes currently under contract.  These homes had list prices ranging from $289,900 up to $599,900.  This is an average list price of $441,975 which is $273.87 per sq. ft. of living space.  These homes averaged 41 days on the market before going under contract.

In the past 12 months, there have been 51 Meadows home sales.  Sales prices ranged from a low of $274,900 up to $610,000.  This is an average sales price of $404,052 or $262.90 per sq. ft. of living area.  These homes went under contract in an average of 55 days. And, they sold for an average of 97% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

The Meadows in Palm City Florida
Google Earth image

The Meadows at Martin Downs is a family-friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4-unit townhouses, and 4-unit patio homes. The Meadows community is divided into 6 distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows in Palm City Florida
Google Earth image

The Meadows is a guard-gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, a children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit, and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200-square-foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon-to-be-constructed villages of The Meadows.

Meadows History:

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a single-family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town-Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as full-time support staff.

The Meadows in Palm City Florida
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HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age-restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Entrance to the Meadows

Search for the Meadows Homes for Sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

The Meadows Real Estate Market Report March 2024

Tesoro Real Estate Market Report March 2024

03.24.24 by

Tesoro Real Estate Market Report March 2024

For March 2024 there are 19 homes available to purchase in the Tesoro in Port St Lucie FL.  The list prices range from $499,000 up to $2,750,000. This is an average list price of $1,352,849 or $360.04 per sq. ft. of living area.

There are 8 Tesoro homes currently under contract. The list prices ranged from $483,000 up to $1,399,000. This equals an average list price of $864,706 which is $283.49 per sq. ft. of living space. These homes were on the market for an average of 67 days before going under contract.

In the past 12 months, there have been 19 Tesoro home sales.  Sales prices ranged from a low of $510,000 up to $2,000,000.  This works out to an average sales price of $1,053,684 which equals $292.62 per sq. ft. of living area.  These homes sold at an average of 93% of the list price. And, they were on the market for an average of 117 days prior to going under contract.

Click here to view the previous Tesoro market report!

About Tesoro in Port St. Lucie FL:

Tesoro homes in Port St Lucie Florida
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Tesoro, one of the premier country clubs on Florida’s Treasure Coast, lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

Tesoro in Port St Lucie FL
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The centerpiece of the Tesoro club is a 100,000-plus square foot three-story clubhouse overlooking a 120-acre lake.  This full-service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

In addition to the world-class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  A full-time ATP Tennis Director offers lessons, clinics, and a full-service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro in Port St Lucie FL
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For those needing more pampering, there’s a full-service spa and salon on-premises.  And, if you don’t feel like cooking the dining room at the Tesoro Club has a menu that is sure to please.

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedrooms, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter-acre lots.

Additional Tesoro Information: 

Currently, there are numerous opportunities for new custom homes built to your specifications or a good number of available resale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots, it starts around $580 a month and includes lawn, landscaping, 24-hour monitored security, basic cable TV, management, and exterior pest control.

Tesoro Clubhouse

Tesoro Update:  As of early summer 2019 the owner of the Tesoro Golf Club has shut down the golf course and the clubhouse.  Talks are ongoing as of this writing as to whether the club and clubhouse will be sold and re-opened under new ownership

Here are some of the currently available homes in Tesoro

Search for homes in Tesoro

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Tesoro Real Estate Market Report March 2024

Hammock Creek Real Estate Market Report March 2024

03.23.24 by

Hammock Creek Real Estate Market Report March 2024

For March 2024, there are 9 homes actively listed in the various Hammock Creek communities in Palm City, Florida. The list prices range from $710,000 up to $1,395,000. This equals an average list price of $971,100 or $330.55 per square foot of living area.

There are 5 Hammock Creek homes currently under contract and awaiting closing.  The list prices ranged from $710,000 up to $1,395,000.  This is an average list price of $940,600 which equals $294.86 per square foot of living space.  These homes averaged 75 days on the market before going under contract.

In the past 12 months, 16 Hammock Creek homes have sold.  Sales prices ranged from $585,000 up to $995,000. This is an average sales price of $830,313 which works out to $287.46 per square foot of living area.  These homes went under contract in an average of 66 days. And, they sold for an average of 96% of the list price.

Click here to view the previous Hammock Creek market report!

About Hammock Creek in Palm City FL:

Hammock Creek in Palm City FL

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus-designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2,000 to over 5,000 square feet and prices starting in the low $300Ks. Moreover, most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. An excellent location that is close to fine shopping, and nice restaurants. Additionally, there is immediate access to I-95 and the turnpike, and A-rated Palm City schools make Hammock Creek one of Martin County’s premier neighborhoods.

Hammock Creek in Palm City, Florida
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The HOA fees vary depending on which section of Hammock Creek the home is in.

Children who live in Hammock Creek attend Palm City Elementary, Hidden Oaks Middle, and Martin County High Schools, which are all highly desirable.

Hammock Creek in Palm City, Florida
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Search here for all Hammock Creek homes for sale in Palm City FL!

Search for Hammock Creek homes

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Hammock Creek Real Estate Market Report March 2024

Florida Townhouses and Condos February 2024 Market Report

03.22.24 by

Florida Townhouses and Condos February 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 2.5% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 4.8% (In January, there was a 8.5% decrease).

Prices were up for February compared to last year. The median sales price was up by 3.2% for February (was also up by 3.2% in January). And the average sales price increased by 3.4% (was up by 3.0% in January).

The inventory of active listings increased by 73.3% from February last year.  This results in a 6.3 months supply of inventory as compared to 3.2 months for February 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a really long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos February 2024 Market Report
Florida Townhouses and Condos February 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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 Townhouses and Condos February 2024 Market Report

Banyan House Real Estate Market Report March 2024

03.22.24 by

Banyan House Real Estate Market Report March 2024

For March 2024, there are 6 condos for sale in the Banyan House condo community of Stuart FL.  The list prices range from $325,000 to $359,900. This works out to an average list price of $338,633 which equals $247.18 per sq. ft. of living area. 

There is 1 Banyan House condo currently under contract. The list price was $339,000 or $247.45 per sq. ft. of living space.

In the past 12 months, 7 Banyan House condos have sold.  Sales prices ranged from $249,000 up to $390,000. This is an average sales price of $277,857 which works out to $202.81 per sq. ft. of living area.  These condos averaged 17 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Banyan House market report!

About the Banyan House Condos in Stuart FL:

Banyan House condos in Stuart Florida
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Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House condos in Stuart Florida
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The Banyan House complex residents enjoy a heated pool, 2 tennis courts, and a clubhouse as their amenities.  All ages are welcome and up to 1 medium-sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves, and management services.

Children living in Banyan House currently attend the JD Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.

Banyan House Condos in Stuart FL

This community is much sought after because of its excellent location as well as being well-run and well-managed.  Condos tend to sell very quickly when they come on the market. 

Banyan House Condos in Stuart FL

Search here for any current listings in the Banyan House Condo Complex.

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Banyan House Real Estate Market Report March 2024

Florida Single Family Homes February 2024 Market Report

03.21.24 by

Florida Single Family Homes February 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 2.2% (were up by 0.6% in January). New sales under contract (new pending sales) were down by 0.3% (were down by 2.9% in January).

Prices increased for February when compared to last year.  The (year-to-year) median sales price was up by 5.1% (it was up by 3.8% in January). And, the average sales price was up by 5.7% (it was up by 9.7% last month).

The inventory of available homes for sale increased by 36.5% from last year.  This represents a 3.9 months supply of inventory (February 2023 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Please click on the image or link below to download the full Florida single-family real estate market report.

Previous Florida real estate market report posts.

Florida Single Family Homes February 2024 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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 February 2024 Market Report

 

Islesworth Real Estate Market Report March 2024

03.21.24 by

Islesworth Real Estate Market Report March 2024

For March 2024, there are 2 homes for sale in Islesworth in Palm City, Florida. The list prices are $589,500 and $925,000. This is an average list price of $757,250 which equals $268.83 per square foot of living space.

There are also no Islesworth homes currently under contract.

In the past 12 months, only 1 Islesworth home has sold.  The sales price was $575,000 which works out to $247.63 per square foot of living area. This home was on the market for 38 days before going under contract. And, it sold for 92% of the last list price.

Click here to view the previous Islesworth market report!

About Islesworth in Palm City FL

Islesworth real estate in Palm City Florida
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The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off Route 714 (Martin Highway).  This was a Pulte community with 113 homes being built from 1996 through 1998.  Most homes are on spacious lots from just under to over ¼ acre sites.

Many homes enjoy serene water views as there are two smaller lakes in this community.  Both single and two-story homes with the vast majority being 4-bedroom homes though there are a number of 5-bedroom homes as well as a few 3-bedroom homes.  The current HOA fees are a very reasonable $463.00 per quarter.  The fees include maintenance and insurance of the common areas, roads, reserve funds, and basic cable TV.

Islesworth real estate in Palm City Florida
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Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School.  Children in Islesworth go to Martin County High School which is approximately 5 miles away.

Close to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most residents’ needs.  For those needing to commute, both Florida’s Turnpike and I-95 are only a short distance away.

Islesworth in Palm City FL
Islesworth in Palm City FL
Islesworth in Palm City FL

View all Islesworth homes for sale

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Islesworth Real Estate Market Report March 2024

Castle Hill Real Estate Market Report March 2024

03.20.24 by

Castle Hill Real Estate Market Report March 2024

For March 2024, there is one home available for sale in Castle Hill in Sewalls Point, FL. The list price is $1,550,000 which is $423.50 per sq. ft. of living area.

There are no Castle Hill homes currently under contract.

In the past 12 months, no Castle Hill homes have sold. 

Click here to view previous Castle Hill market reports.

About Castle Hill in Sewalls Point FL:

Castle Hill real estate in Sewalls Point

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants, and schools.

Castle Hill real estate in Sewalls Point

Residents of Castle Hill enjoy the good life with low HOA fees and a quiet family-friendly neighborhood for year-round Florida living.

Castle Hill was established in the early 1990s and remains one of the prime locations to call home on the Treasure Coast.

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equidistant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location that makes Castle Hill such a desired community to call home.

Castle Hill real estate in Sewalls Point

Children attend Martin County schools and currently are zoned for the Felix Williams Elementary, Stuart Middle, and Jensen Beach High Schools.  These are some of the finest schools in the State of Florida.

Sewalls Point Florida is its own township with town commissioners and a manager. It has a police force and engineering and zoning departments. Residents can take advantage of the small-town feel where issues can be quickly addressed with that personal touch.

Here are the currently available homes for sale in Castle Hill

Recent market reports:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

Please click on this link for the latest market reports for Martin County, Saint Lucie County, and the State of Florida.

Castle Hill Real Estate Market Report March 2024