Orchid Bay Real Estate Market Report October 2023

10.02.23 by

Orchid Bay Real Estate Market Report October 2023

There is 1 Orchid Bay home listed for sale in Palm City FL. The list price is $1,499,000 which is $361.29 per sq. ft. of living area.

There is also 1 Orchid Bay home presently under contract.  The list price was $839,900 or $321.80 per sq. ft. of living area. This home was on the market for 19 days before going under contract.

In the past 12 months, 7 Orchid Bay homes have sold.  Sales prices ranged from $654,900 up to $1,500,000.  This is an average sales price of $949,486 which works out to $316.24 per sq. ft. of living area.  These homes averaged 23 days on the market before going under contract and sold for an average of 98% of the list price.

Click here to view the previous Orchid Bay market report!

About Orchid Bay in Palm City:

Orchid Bay real estate in Palm City Florida
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Lake Grove and Orchid Bay Homes for Sale:

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1-acre sites.  This planned community was developed by the Tartan Land Company in the early 1990s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently, this is not a “cookie-cutter” community by any means.

Orchid Bay real estate in Palm City Florida

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3-bedroom homes.  Both one and two-story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees include maintenance of the roads, trash pickup, and common areas as well as basic cable TV service.

Children of Orchid Bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle, and Martin County High.

Entrance to Orchid Bay in Palm City FL

Search here for all available Orchid Bay 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.

Orchid Bay Real Estate Market Report October 2023

The Courtyards at Willoughby Real Estate Market Report October 2023

10.01.23 by

The Courtyards at Willoughby Real Estate Market Report October 2023

There are no townhouses/condos currently for sale in the Courtyards at Willoughby.

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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Courtyards at Willoughby homes for sale:

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 October 2023

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

Renar River Place Real Estate Market Report September 2023

09.30.23 by

Renar River Place Real Estate Market Report September 2023

For September 2023 there are no condos for sale in Renar River Place in downtown Jensen Beach FL.

There are also no Renar River Place condos currently under contract.

In the past 12 months, 1 Renar River Place condo has sold. The sales price was $380,000 which equals $248.04 per sq. ft. of living area. This condo was on the market for 115 days before going under contract. And, the sales price was 90% of the last list price.

View the previous Renar River Place market report here

About Renar River Place in Downtown Jensen Beach FL:

Renar River Place in Jensen Beach Florida
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Renar River Place condos for sale:

One of the few newer condo communities in Martin County.  Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach roundabout and causeway to Hutchinson Island.  There are also some townhouse-style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Recent Renar River Place sales:

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach.  HOA fees vary by the size of the condo and location, so please call us for the latest cost.  This community is open to all ages and pets are also welcomed.  For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

Renar River Place real estate in Jensen Beach Florida

Search here for Renar River Place Condos for sale

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.

Renar River Place Real Estate Market Report September 2023

Palm Cove Real Estate Market Report September 2023

09.29.23 by

Palm Cove Real Estate Market Report September 2023

There is 1 home listed in the Palm Cove Yacht and Golf Club for September 2023 in Palm City, Florida. The list price is $819,000 which is $297.82 per square foot of living area.

There are no Palm Cove homes currently under contract.

In the past 12 months, 5 Palm Cove homes have sold. The sales prices ranged from $570,000 up to $1,345,000.  This is an average sales price of $1,047,400 or $346.90 per square foot of living area.  These homes were on the market for an average of 9 days prior to going under contract. And, the sales prices averaged 98% of the list price.

View previous Palm Cove market reports here!

About the Palm Cove Yacht and Golf Club:

Palm Cove Golf and Yacht Club real estate in Palm City FL
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Palm Cove homes for sale:

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, and fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Palm Cove Golf and Yacht Club real estate in Palm City FL

This magnificent community boasts a championship Chi Chi Rodrigues-designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93-slip-deep water marina with docks available for over 50’ vessels.

Palm Cove Golf and Yacht Club real estate in Palm City FL

There’s a magnificent clubhouse located riverside by the marina.  Residents enjoy 24-hour security from the manned gated entrance.  The Palm Cove Golf and Yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled remotely from the main security gate.

Recent Palm Cove home sales:

More information about Palm Cove:

In the main section, are the estate homes, townhomes at Island Creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms, and 3 car garages.  Homeowner Association (HOA) fees vary from section to section.  For a complete list of fees, please give us a call.

Palm Cove Golf and Yacht Club

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants, and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High.

Carriage Hill Condos of Palm Cove

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions, you may have about the Palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Palm Cove Real Estate Market Report September 2023

Evergreen Real Estate Market Report September 2023

09.28.23 by

Evergreen Real Estate Market Report September 2023

There are 6 homes on the market in the Evergreen Community in Palm City FL for September 2023. The list prices range from $739,000 up to $1,299,000. This is an average list price of $977,833 which is $335.58 per sq. ft. of living area.

There is 1 Evergreen home currently under contract. The list price was $839,000 or $356.41 per sq. ft. of living area. This home was on the market for 15 days before going under contract.

In the past 12 months, 15 Evergreen homes have sold.  Sales prices ranged from $610,000 up to $1,200,000.  This works out to an average sales price of $830,233 which equals $308.16 per sq. ft. of living area.  These homes sold for an average of 98% of the list price.  And, these homes averaged 62 days on the market before going under contract.

View the previous Evergreen market report here!

About the Evergreen Community Palm City Florida:

Evergreen real estate in Palm City Florida
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Evergreen homes for sale:

Nestled in a secluded corner of Palm City, the Evergreen community is an elegant gated HOA that its residents love to call home.  This community is close to it all; ‘A’ rated schools, boat ramps, theatres, fantastic local restaurants, shopping, and beautiful beaches!

Evergreen real estate in Palm City Florida
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The Evergreen community is known for its 18-hole championship golf course, the Crane Watch Club at Evergreen, which does not require an expensive membership to play.  Every home is unique and will be sure to have something special about it that will charm you.  Located on a beautiful 520-acre parcel, each of the 299 homes features at least one acre of land for a spacious uncrowded feeling!  Enjoy all the beautiful Florida sights that the Evergreen community has to offer, you may find yourself rarely wanting to leave home!  Golf club membership is not mandatory but if you are a member of the Crane Watch Club, you will enjoy full golf privileges, dining privileges, and fun social events. There are no dining minimums, no assessments, or large down payments.

Recent Evergreen home sales:

Homes on the Northside of the Evergreen community back up to the C-24 canal, a navigable body of water unfortunately without ocean access.  Though, it can be an excellent spot for water skiing or an easy kayak ride.

Evergreen real estate in Palm City Florida

Search for Evergreen Community Real Estate

presented by
The Gabe Sanders real estate team

Martin County, Saint Lucie County, and the State of Florida Market Reports

Evergreen Real Estate Market Report September 2023

Sandpebble Real Estate Market Report September 2023

09.27.23 by

Sandpebble Real Estate Market Report September 2023

Here’s your September 2023 market report for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are currently 3 condos currently available for sale in Sandpebble. The list prices range from $475,000 up to $585,000. This is an average list price of $516,333 which is $469.52 per sq. ft. of living area. 

There are no Sandpebble condos currently under contract.

In the past 12 months, 8 Sandpebble condos have sold.  Sales prices ranged from $390,000 up to $790,000.  This is an average sales price of $565,000 which works out to $475.37 per sq. ft. of living area.  These sales averaged 96% of the list price. And, they went under contract in an average of 54 days after being listed.

View the previous Sandpebble condo market report here!

About the Sandpebble Condos on Hutchinson Island in Stuart FL:

Sandpebble Condos on Hutchinson Island
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Sandpebble condos for sale:

On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County.  Located on pristine 37 acres that reach from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Recent Sandpebble condo sales:

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 riverside and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first-come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

Sandpebble Condos on Hutchinson Island
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On the spacious grounds, there is plenty of green space for outdoor activities, two hard court tennis courts, and a fully-equipped clubhouse with a kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Sandpebble Condos on Hutchinson Island

Construction of the Sandpebble complex began in 1982.  Recently all buildings were completely refurbished with metal roofs.  Other renovations included Hardi-Plank replacement for exterior wood surfaces and complete concrete (re-bar) restoration.  Also completed was the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping, and the painting of all the buildings.

Sandpebble Condo on Hutchinson Island

Current Sandpebble Condos for Sale

The Gabe Sanders real estate team

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

Sandpebble Real Estate Market Report September 2023

St Lucie County Townhouses and Condos August 2023 Market Report

09.26.23 by

St Lucie County Townhouses and Condos August 2023 Market Report

The St Lucie County Townhouses and Condos market showed improved sales activity when compared to last year. This is one of the few market segments with some encouraging sales activity, as we continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 38.3% from last year (were down by 7.1% in July). New pending sales were up by 31.7% (they were up by 20.4% last month).

Prices were up for August. The median price increased by 18.2% from last year (was down by 9.5% in July) and the average sales price increased by 13.9% (was up by 1.2% in July).

The available townhouses and condos inventory increased by 3 units from last month to 376 residences. This is a 64.9% greater inventory than we had in August 2022. The current inventory supply is 4.4 months, as compared to 2.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos August 2023 Market Report
Click 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 Townhouses and Condos August 2023 Market Report

De La Bahia Real Estate Market Report September 2023

09.26.23 by

De La Bahia Real Estate Market Report September 2023

For September 2023, there are 7 condos available for sale in de la Bahia in Stuart FL. The list prices range from $235,000 up to $379,900. This works out to an average list price of $288,443 which equals $343.16 per sq. ft. of living area.

There is only 1 de la Bahia condo currently under contract.  The list price was $279,900 or $341.34 per sq. ft. of living area.  This condo was on the market for 69 days prior to going under contract.

In the last 12 months, 15 de la Bahia condos have sold.  Sales prices ranged from $169,000 up to $310,000.  The average sales price was $228,433 which works out to $286.57 per sq. ft. of living area.  These condos sold for an average of 94% of the list price. And, they went under contract in an average of 70 days after going on the market.

View the last de la Bahia waterfront condos market report here!

About the de la Bahia Community in Stuart FL:

De la Bahia real estate in Stuart Florida
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De la Bahia condos for sale:

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

Recent De la Bahia condo sales:

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath, and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, and Water.

De la Bahia real estate in Stuart Florida
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This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

De la Bahia real estate in Stuart Florida

The de la Bahia condominium complex is made up of 303 attractive and desirable residences.  231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock.  Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

de la Bahia Waterfront Condos
de la Bahia Waterfront Condos

Additional de la Bahia information:

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

de la Bahia Waterfront Condos

The Yacht Club has monthly meetings with guest speakers, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials.  In the past few years, the association has sponsored a 3 to 5-day cruise in January. Membership is open to de la Bahia renters and owners only.  Boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

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.

De La Bahia Real Estate Market Report September 2023

St Lucie County Single Family Homes August 2023 Market Report

09.25.23 by

St Lucie County Single Family Homes August 2023 Market Report

The August 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. The inventory of homes for sale decreased in August and we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 8.0% for the month compared to last year (in July they were down by 8.4%). New sales under contract (new pending sales) decreased by 11.4% (they were down by 3.5% last month).

Prices were up slightly for August when compared to last year.  The median sales price was down by 1.3% (was down by 1.8% in July).  The average sales price was up by 0.2% (it was up by 0.1% in July).

The number of available homes for sale increased by 92 homes to 1,311 units.  This inventory is 13.2% less than last year.  The current supply of homes is 2.7 months (it was 2.7 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-month 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 August 2023 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 August 2023 Market Report

Banyan House Real Estate Market Report September 2023

09.25.23 by

Banyan House Real Estate Market Report September 2023

For September 2023, there are no condos for sale in the Banyan House condo community of Stuart FL. 

There are also no Banyan House condos currently under contract.

In the past 12 months, 8 Banyan House condos have sold.  Sales prices ranged from $245,000 up to $325,000. This is an average sales price of $265,625 which works out to $193.89 per sq. ft. of living area.  These condos averaged 39 days on the market before going under contract. And, they sold for an average of 99% 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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Banyan House condos for sale:

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.

Recent sales in Banyan House:

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 September 2023

Martin County Townhouses and Condos August 2023 Market Report

09.24.23 by

Martin County Townhouses and Condos August 2023 Market Report

The Martin County Townhouses and Condos real estate market showed slightly improved closed activity when compared to last year. Even as we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 4.4%.  They were up by 30.8% in July.  New sales under contract (new pending sales) were down by 19.2% from last year.  They were up by 2.2% in July.

Prices were mixed for August.  The median sales price decreased by 4.4% (was up by 2.9% last month). And, the average sales price increased by 4.8% (was up by 42.1% in July).

The available townhouses and condos inventory increased by 11 units to 291 properties.  This is a 55.0% greater supply of inventory than we had in August 2022.  Currently, there’s a 3.3-month supply of inventory (compared to 2.1 months for August 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. 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 August 2023 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 August 2023 Market Report

Lake Grove Real Estate Market Report September 2023

09.24.23 by

Lake Grove Real Estate Market Report September 2023

There is 1 home currently for sale in Lake Grove of Palm City, FL.  The list price is $1,395,000 which is $453.51 per sq. ft. of living area.

There are no Lake Grove homes currently under contract.

In the past 12 months, only 1 Lake Grove home has sold. The sales price was $835,000 which equals $297.79 per sq. ft. of living area.  This home was on the market for 19 days prior to going under contract. And, it sold for 95% of the list price.

Click here to view the previous Lake Grove market report!

About Lake Grove in Palm City FL:

Lake Grove real estate in Palm City Florida
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Lake Grove homes for sale:

Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square-shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land. Homes range in size from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths, and a three-car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms, and 2 car garages.

Recently sold Lake Grove homes:

The common areas include two tennis courts, landscaped common areas, and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove real estate in Palm City Florida
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Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City

Click here to see the currently available Lake Grove Homes for Sale

If you like the Lake Grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay 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.

Lake Grove Real Estate Market Report September 2023

Martin County Single Family Homes August 2023 Market Report

09.23.23 by

Martin County Single Family Homes August 2023 Market Report

The Martin County Single Family Homes Market Report showed weaker closed activity compared to last year. As we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Even the inventory declined for August. This is the first decline in over a year. Closed sales were down by 12.3% from last year (they were up by 25.0% in July). At the same time, new pending sales decreased by 15.7% compared to last year (which decreased by 6.4% last month).

Prices were down for August as compared to last year.  The median sales price decreased from last year by 12.9% (up by 8.0% in July) while the average sales price decreased by 7.8% (up by 44.0% last month).

The inventory of available single-family homes decreased by 11 homes to 462. This is a 5.7% smaller inventory than last August.  The current supply of homes is 2.9 months.  For August of last year, it was 2.6 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 August 2023 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 August 2023 Market Report

Moon River Real Estate Market Report September 2023

09.23.23 by

Moon River Real Estate Market Report September 2023

As of early September 2023, there is 1 home for sale in Moon River on Hutchinson Island in Jensen Beach FL. The list price is $749,900 which equals $311.03 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There has been 1 Moon River home sale in the past 12 months. The sales price was $450,000 or $306.33 per sq. ft. of living area. This home was on the market for 7 days prior to going under contract. And, it sold for 101% of the last list price.

Click here to view recent Moon River market reports!

About Moon River in Jensen Beach Florida:

Moon River real estate in Jensen Beach Florida
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Moon River homes for sale:

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River real estate in Jensen Beach Florida
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Home sizes range from 3-bedroom, 3-bathroom two-story homes with over 2.700 sq. ft. of living area down to 2-bedroom, 2-bathroom, 1-story homes with just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Recent sales in Moon River:

This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 

Moon River real estate in Jensen Beach Florida

Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants, and the remaining wonderful amenities that Martin County has to offer.

Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

Moon River in Jensen Beach on Hutchinson Island
Moon River in Jensen Beach on Hutchinson Island

The current Martin County Schools for Moon River are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the current listings in Moon River in Jensen Beach

 For any questions you may have about the September 2023 Market Report for Moon River in Jensen Beach, please call or email Gabe Sanders at 772-888-2885 or Contact Him Here

Jensen Beach Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Moon River Real Estate Market Report September 2023

Florida Townhouses and Condos August 2023 Market Report

09.22.23 by

Florida Townhouses and Condos August 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.2% compared to last month’s decrease of 9.4%.  New sales under contract (new pending sales) decreased by 11.0% (In July, there was a 4.8% decrease).

Prices were up for August compared to last year. The median sales price was up by 6.2% for August (was up by 4.6% in July). And the average sales price increased by 10.8% (was up by 3.9% in July).

The inventory of active listings increased by 30.6% from August last year.  This results in a 3.8-month supply of inventory as compared to 2.2 months for August 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  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.

Florida Townhouses and Condos August 2023 Market Report
Florida Townhouses and Condos August 2023 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 August 2023 Market Report

Governors Landing Real Estate Market Report September 2023

09.22.23 by

Governors Landing Real Estate Market Report September 2023

There are 2 homes on the market in Governors Landing in Hobe Sound FL for September 2023. The list prices are $1,200,000 and $1,550,000 This is an average list price of $1,375,000 which is $545.96 per sq. ft. of living area.

There is 1 Governors Landing home currently under contract. The list price was $899,000 or $335.32 per sq. ft. of living area. This home was on the market for 71 days before going under contract.

In the past 12 months, there have not been any Governors Landing home sales.

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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Homes for sale in Governors Landing:

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.

Recent sales in Governors Landing:

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
Google Earth image

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 September 2023

Florida Single Family Homes August 2023 Market Report

09.21.23 by

Florida Single Family Homes August 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year. After numerous months of rising inventory, August showed unchanged numbers. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.9% (were down by 6.4% in July). New sales under contract (new pending sales) were down by 11.7% (were down by 0.8% in July).

Prices increased slightly for August when compared to last year.  The (year-to-year) median sales price was up by 2.0% (it was up by 0.7% in July). And, the average sales price was up by 3.7% (it was up by 2.2% last month).

The inventory of available homes for sale increased by only 0.2% from last year.  This represents a 3.0-month supply of inventory (August 2022 had a 2.4-month 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 August 2023 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 August 2023 Market Report

 

Bay Pointe Real Estate Market Report September 2023

09.21.23 by

Bay Pointe Real Estate Market Report September 2023

There are no homes for sale in the Bay Pointe community in Palm City FL for September 2023.

There are also no Bay Pointe homes currently under contract.

In the past 12 months, only 1 Bay Pointe home has sold.  The sales price was $3,200,000 which is $702.06 per sq. ft. of living space.  This home was on the market for 12 days before going under contract. And, they sold for 92% of the list price.

Click here to view the previous Bay Pointe market report!

About Bay Pointe in Palm City, Florida:

Bay Pointe in Palm City Florida
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Bay Pointe homes for sale:

Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida.  This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River.  An additional 11 non-waterfront homes and homesites enjoy the amenities of this private community.  Even the non-waterfront homes have access to docks with a community pier located on the south side of the community.


Located with a large private preserve area to the south and west and enjoys magnificent wide water views to the east.  Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home.

Recently sold homes in Bay Pointe:


Close to parks, beaches, shopping, and boasting the ‘A’ rated school system of Martin County.  Current school assignments for Bay Pointe are the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Bay Pointe in Palm City Florida
Google Earth image

Search for Bay Pointe 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.

Bay Pointe Real Estate Market Report September 2023

The River Club Real Estate Market Report September 2023

09.20.23 by

The River Club Real Estate Market Report September 2023

As of September 2023, there are 3 condos for sale in the River Club in Jensen Beach FL.  The list prices range from $299,000 up to $305,000. This is an average list price of $301,333 or $269.81 per sq. ft. of living area.

There is only 1 River Club condo currently under contract. The list price was $315,000 which is $293.84 per sq. ft. of living area. This condo was on the market for 133 days before going under contract.

In the past 12 months, 10 River Club condos have sold. Sales prices ranged from $225,000 up to $390,000.  This is an average sales price of $290,100 which works out to $250.80 per sq. ft. of living area.  These condos sold for an average of 97% of the last list price. And, they went under contract in an average of 69 days after being listed.

Click here to view the previous River Club market report!

About The River Club of Martin County:

The River Club of Jensen Beach
Google Earth image

River Club condos for sale:

The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980.  There are 15 buildings with 188 total condos all of which are 2 bedrooms and 2 bathrooms.  These are all two-story buildings.  There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas.  Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River.  This attractive community has a 50 slip marina that is run by a separate dock association.  In order to own a slip in the River Club, one must be a condo owner.  Tenants and owners do have the opportunity to rent slips should they be available for lease.

Recent River Club condo sales:

Owners enjoy excellent amenities including a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including Wi-Fi) included in the condo fees.  The condo fees as of May 2019 are $326 a month.

All ages are welcome in the River Club but no pets are allowed.  And, rentals are allowed with some restrictions as to duration and length of unit ownership.  Additionally, no commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

Community Pool of the River Club

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.  We don’t think you will be disappointed.

fountain of the the River Club

Search here for any River Club condos 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 you can select this link.

The River Club Real Estate Market Report September 2023

Lighthouse Point and Seagate Harbor Market Report September 2023

09.19.23 by

Lighthouse Point and Seagate Harbor Market Report September 2023

For September 2023, there are 8 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  List prices range from $879,900 up to $2,225,000.  This is an average list price of $1,473,113 which equals $661.74 per square foot of living area.

There is only 1 Lighthouse Point and Seagate Harbor home currently under contract.  The list price was $1,195,000 or $784.64 per square foot of living area.  This home was on the market for 84 days before going under contract.

18 Lighthouse Point and Seagate Harbor homes have been sold in the past 12 months.  Sales prices ranged from $599,900 up to $2,750,000.  This works out to an average sales price of $1,164,606 which equals $594.19 per square foot of living area.  These homes were on the market for an average of 75 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

Lighthouse Point and Seagate Harbor homes for sale:

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.

Recently sold homes in Lighthouse Point and Seagate Harbor:

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 September 2023