Pipers Landing Real Estate Market Report February 2023

02.12.23 by

Pipers Landing Real Estate Market Report February 2023

There are 7 active listings for sale in Pipers Landing in Palm City FL in February 2023.  The list prices range from $345,000 up to $2,375,000. This is an average list price of $1,378,141 which equals $395.03 per sq. ft. of living area.

As of this time, there are 2 Pipers Landing homes under contract in this golf and boating community. The list prices were $610,000 and $899,900. This is an average list price of $754,950 or $251.44 per sq. ft. of living area. These homes were on the market for an average of 28 days before going under contract.

In the past 12 months, 13 Pipers Landing homes and condos have sold.  The sales prices ranged from a low of $135,000 up to $1,700,000.  This works out to an average sales price of $554,107 which is $187.82 per sq. ft. of living area.  These homes averaged 47 days on the market before going under contract. And, they sold for an average of 94% of the list price. These sales include 3 condos and 10 detached single-family homes.

Click here to view the previous Pipers Landing market report!

About Pipers Landing in Palm City FL:

Pipers Landing in Palm City FL
Image courtesy of Google Earth

Pipers Landing homes and condos for sale:

A true world-class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.

Pipers Landing in Palm City FL
Google Earth image

This is an equity golf course community (membership is mandatory).  Championship Joe Lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

Recently sold in Pipers Landing:

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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.

Pipers Landing Real Estate Market Report February 2023

Lakeside Condos Real Estate Market Report February 2023

02.11.23 by

Lakeside Condos Real Estate Market Report February 2023

For February 2023, there are no active listings for sale in the Lakeside Condos community of Indian River Plantation on Hutchinson Island.

There is 1 Lakeside condo currently under contract. The list price was $249,000 which works out to $417.79 per sq. ft. of living area. This condo was on the market for 6 days before going under contract.

In the past 12 months, 6 Lakeside Condos have sold.  Sales prices ranged from $273,000 up to $520,000.  This works out to an average sales price of $415,834 which is $418.08 per sq. ft. of living area.  These condos sold for an average of 101% of the list price. And, they averaged 16 days on market before going under contract.

Click here to view the previous Lakeside market report!

About the Lakeside Condos:

Lakeside Condos in Indian River Plantation
Google Earth image
Lakeside and Tennis Villas condos for sale in Indian River Plantation on Hutchinson Island in Stuart FL:

Perfect location for those looking to live in a resort setting near the beaches of the Atlantic Ocean. Nearby amenities include a full-service Marina, golf course, restaurants, and fitness facilities.

Lakeside Condos in Indian River Plantation on Hutchinson Island Florida
Google Earth image

These Lakeside Condos are condos located just off the golf course. The Atlantic Ocean surrounds it to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built during 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedrooms, 3 bath units with 1323 sq. ft. of living area.  This is a pet-friendly complex that will allow up to two large pets.  At the time of this writing, the condo association fees were $375.00 a month.

Recent Lakeside condo and Tennis Villa sales:

The Lakeside Condos are in an excellent location, just a short walk to the beach. There’s a courtesy tram available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation
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Search here for Lakeside Condos in Indian River Plantation on Hutchinson Island in Stuart FL

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Additional Indian River Plantation Condos you may wish to consider: 
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

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.

Lakeside Condos Real Estate Market Report February 2023

Windstone Real Estate Market Report February 2023

02.10.23 by

Windstone Real Estate Market Report February 2023

As of February 2023, there is 1 home for sale in the Windstone community of Palm City, FL.  The list price is $965,000 or $297.56 per sq. ft. of living area.

There is also 1 Windstone home under contract at this time. The list price was $990,000 or $319.35 per sq. ft. of living area. This home was on the market for 40 days before going under contract.

In the past 12 months, 6 Windstone homes have sold.  Sales prices ranged from $950,000 up to $1,475,000. This is an average sales price of $1,251,667 which equals $365.63 per sq. ft. of living area.  These homes averaged 18 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 Windstone market report!

About Windstone in Palm City FL:

Windstone real estate in Palm City FL
Google Earth Image

Windstone homes for sale:

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone August 2019 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL
Google Earth Image

Recently sold in Windstone:

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone August 2019 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone August 2019 Market Report is within close range to “A” rated school, I-95 and Florida’s Turnpike making this a great place for locals or commuters to call home!

Windstone February 2020 Market Report

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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.

Windstone Real Estate Market Report February 2023

Loblolly Real Estate Market Report February 2023

02.09.23 by

Loblolly Real Estate Market Report February 2023

For February 2023, in the Loblolly golf and marina community of Hobe Sound FL, there are 3 homes for sale. The list prices range from $2,200,000 up to $5,750,000. This is an average list price of $3,716,667 which works out to $618.55 per sq. ft. of living area.

There are no Loblolly homes under contract at this time.

In the past 12 months, there have been 12 Loblolly Bay home sales. Sales prices ranged from $750,000 up to $3,458,619. This works out to an average sales price of $2,103,635 which equals $528.75 per sq. ft. of living area. These homes sold for an average of 94% of the list price. And, they were on the market for an average of 31 days before going under contract.

Click here to view the previous Loblolly market report!

About Loblolly Homes and Condos in Hobe Sound FL:

Loblolly Bay real estate in Hobe Sound FL

Loblolly homes and condos:

Loblolly in Hobe Sound is a private community and club with a deep water ocean access marina and a professionally Dye-designed golf course.   In addition to the golf course and the marina, Loblolly offers lovely amenities for its 275 members, including a state-of-the-art tennis facility, fitness center, two heated pools, playgrounds, basketball, and croquet courts as well as a full-service clubhouse.

Loblolly Bay real estate in Hobe Sound FL
Google Earth Image

Homes in Loblolly range in price from the mid $500,000’s up to multi-million dollar estates.  In addition, condominiums, as well as villas and cottages, are available along with a limited number of vacant lots.

Recently sold in Loblolly:

Loblolly HOA fees run from $411.00 per month (as of June 2020) with additional charges for the Golf Course membership and equity.  For the Loblolly condos, there are additional condo fees of $1,335.00 a month.

Loblolly Homes and Condos in Hobe Sound Florida
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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.

Loblolly Real Estate Market Report February 2023

Danforth Real Estate Market Report February 2023

02.09.23 by

Danforth Real Estate Market Report February 2023

There are no homes for sale in Danforth in Palm City for February 2023.

There are also no Danforth homes currently under contract.

In the past 12 months, 10 Danforth homes have sold.  The sales prices ranged from a low of $539,000 up to $732,500.  The average sales price was $622,250 which works out to $270.11 per sq. ft. of living area.  These homes averaged 20 days on the market before going under contract. And, they sold for 99% of the list price.

Click here to view the previous Danforth market report!

About the Danforth Community in Palm City FL:

Danforth homes in Palm City FL
Google Earth image

Danforth homes for sale:

Danforth in Palm City Florida is a wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family-friendly neighborhood feel.  Well located in Palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools.  Both of these schools are top-rated in the Martin County school system as well as in the State of Florida.

Recent sales in Danforth:

Danforth homes in Palm City FL

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities.  Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.

Danforth in Palm City Florida

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Danforth in Palm City FL Home Search

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Palm City Florida Real Estate

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

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.

Danforth Real Estate Market Report August 2022

Kingswood Real Estate Market Report February 2023

02.08.23 by

Kingswood Real Estate Market Report February 2023

For February 2023, there are 4 condos for sale in the Kingswood condo community of Stuart FL.  The list prices range from $189,000 to $220,000. This is an average list price of $204,700 which equals $181.15 per sq. ft. of living area.

There are currently 4 Kingswood condos under contract. The list prices ranged from $165,500 up to $190,000.  This works out to an average list price of $182,350 or $186.95 per sq. ft. of living area.  These condos averaged 50 days on the market before going under contract.

27 Kingswood condos have sold in the past 12 months.  Sales prices ranged from $117,000 up to $295,000.  The average sales price was $191,389 which works out to $179.94 per sq. ft. of living area.  These condos averaged 32 days on market before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Kingswood market report!

About Kingswood Condos in Stuart FL:

Kingswood Condos in Stuart FL
Google Earth image

Kingswood condos for sale:

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood Condos in Stuart FL
Google Earth image

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Recent condo sales in Kingswood:

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

HOA fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Kingswood Condos in Stuart FL

Search here for all available Kingswood Condos for Sale

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Stuart Florida Real Estate is presented by:
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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.

Kingswood Real Estate Market Report February 2023

Holly Creek Real Estate Market Report February 2023

02.07.23 by

Holly Creek Real Estate Market Report February 2023

For February 2023, there are 5 homes for sale in Holly Creek in Jensen Beach FL.  The list prices ranged from $289,000 to $379,000. This is an average list price of $337,335 which equals $244.51 per sq. ft. of living area.

There is 1 Holly Creek home currently under contract. The list price was $388,900 or $252.86 per sq. ft. of living area. This home was on the market for 77 days before going under contract.

In the past 12 months, 6 Holly Creek homes and townhomes have sold. Sales prices ranged from $238,000 up to $420,000.  This works out to an average sale price of $331,000 which is $232.63 per sq. ft. of living area. These homes averaged 23 days on the market before going under contract. And, they sold for an average of 100% of the listed price.

Click here to view the previous Holly Creek market report!

About Holly Creek in Jensen Beach FL:

Holly Creek in Jensen Beach FL
Google Earth image

Holly Creek homes for sale:

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping. And, just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Recent Holly Creek sales:

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek in Jensen Beach FL
Google Earth image

Holly Creek features 2 bedroom town-homes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans, and individual designs.

Holly Creek in Jensen Beach FL

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the Gabe Sanders real estate team Jensen Beach Florida Real Estate

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

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.

Holly Creek Real Estate Market Report February 2023

St Lucie County Townhouses and Condos December 2022 Market Report

02.06.23 by

St Lucie County Townhouses and Condos December 2022 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates and stubbornly high prices. Closed sales were down by 38.7% from last year (were down by 39.7% in November). New pending sales were down by 20.6% (they were down by 50.5% last month).

Year-to-year prices were up for December. The median price increased by 20.0% from last year (was up by 23.1% in November) and the average sales price increased by 18.0% (was up by 32.5% in November).

The available townhouses and condos inventory decreased by 15 units from last month to 291 residences. This is 99.3% greater inventory than we had in December 2021. The current inventory supply is 3.0 months, as compared to 1.1 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.

St Lucie County Townhouses and Condos December 2022 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 December 2022 Market Report

Heritage Ridge Real Estate Market Report February 2023

02.06.23 by

Heritage Ridge Real Estate Market Report February 2023

As of February 2023, there are 16 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $169,900 up to $720,000.  This is an average list price of $295,137 which equals $217.83 per sq. ft. of living area.

There are 6 Heritage Ridge homes currently under contract.  These homes were on the market with list prices from $219,900 up to $695,000.  This works out to an average list price of $342,400 or $224.93 per sq. ft. of living area.  These properties averaged 64 days on the market before going under contract.

In the past 12 months, there have been 55 sales in Heritage Ridge.  Sales prices ranged from $157,000 up to $795,000.  This equals an average sales price of $298,899 which works out to $212.91 per sq. ft. of living area.  These homes were on the market for an average of 21 days before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Heritage Ridge market report!

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound Florida
Google Earth image

Heritage Ridge homes for sale:

The Heritage Ridge community of Hobe Sound encompasses a number of associations and styles of homes.  From mobile and manufactured homes to villas, townhouses, condos, and single-family homes.  The different sections of Heritage Ridge are all anchored by the Heritage Ridge Golf Club.  This is a non-equity course that is open to the public.

Heritage Ridge in Hobe Sound Florida
Google Earth image

The various areas of Heritage Ridge are all controlled by their individual homeowners’ associations and many also pay a fee to the master Heritage Ridge Association.  This wonderful community is located in northern Hobe Sound with quick access to either the beach at Jupiter Island (in Hobe Sound) or to the downtown area of Stuart as well as the amenities in both the Martin County and Jupiter areas of the Treasure Coast.

Recent Heritage Ridge sales:

Some of the sections of Heritage Ridge include Amherst, Brandywine, Bunker Hill, Cambridge, Franklin Wood, Georgetown, Jamestown, Jefferson Corners, Tory Pines, Williamsburg, and Yorktown.

Heritage Ridge in Hobe Sound

HOA fees vary widely in Heritage Ridge depending on the type of home and subdivision within this community.  The HOA fees run from $78.00 a month in the mobile home and single family home sections up to $350.00 a month for the condo areas and in between for some of the other communities.

Heritage Ridge in Hobe Sound

Click here to search for available homes in Heritage Ridge

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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.

Heritage Ridge Real Estate Market Report February 2023

St Lucie County Single Family Homes December 2022 Market Report

02.05.23 by

St Lucie County Single Family Homes December 2022 Market Report

The December 2022 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased sales activity. Closed sales were down by 39.1% for the month compared to last year (in November they were down by 33.8%). New sales under contract (new pending sales) decreased by 25.6% (they were down by 44.1% last month).

Year-to-year prices were also up in December but at a slower pace.  The median sales price was up by 14.0% (was up by 16.1% in November).  The average sales price was up by 2.7% (it was up by 12.6% in November).

The number of available home listings decreased by 132 homes to 1,692 units.  This inventory is 170.7% greater than last year.  The current supply of homes is 3.1 months (it was 1.0 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2022 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 December 2022 Market Report

Watersong Oceanfront Market Report February 2023

02.05.23 by

The February 2023 real estate market report for the Watersong Oceanfront community on South Hutchinson Island.

Vacant Lots:

There are 8 vacant lots available to purchase in Watersong. List prices range from $365,000 to $1,200,000, with an average list price of $585,625.

There is 1 Watersong lot currently under contract. The list price was $400,000.

In the past 12 months, there have been 8 Watersong lot sales.  The sales prices ranged from $218,000 up to $669,000.  The average sales price was $407,500.  These lots were on the market for an average of 92 days before going under contract. And, they sold for an average of 98% of the last list price.

Homes:

There are 3 homes for sale in Watersong. List prices range from $2,950,000 up to $5,695,000. This is an average list price of $4,213,333 which is $994.02 per sq. ft. of living area. 

There are no Watersong homes currently under contract.

In the past 12 months, 1 Watersong home has sold.  The sales price was $2,700,000 which equals $611.14 per sq. ft. of living area.   This home was on the market for 22 days before going under contract. And, it sold for 92% of the last list price.

View the previous Watersong real estate market report!

About the Watersong Oceanfront Community on Hutchinson Island

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

Watersong homes for sale:

The Watersong community on Hutchinson Island in Fort Pierce lies approximately six miles north of the Fort Pierce Inlet and 14 miles south of the Jensen Beach Causeway.  This is a gated oceanfront community that has 92 lots in two rows with the front row being direct oceanfront.  There’s an existing community pool.

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

 Currently (August 2018) the $250.00 a month HOA fee covers the common areas, reserve funds, management fees, and landscaping.  There is also a one-time $6,000 capital contribution for beach renourishment and or replacement that is collected by the Property Owners Association.

Recent Watersong home sales:

Existing homes are all two to three stories and range in size from just under 6,000 sq. ft. of living area with 5 bedrooms and 7 bathrooms down to 3,000 sq. ft. homes with 3 bedrooms and 3 bathrooms.

There are some excellent opportunities for those wishing to be on the ocean currently available in Watersong.

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

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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.

Watersong Oceanfront Market Report February 2023

Martin County Townhouses and Condos December 2022 Market Report

02.04.23 by

Martin County Townhouses and Condos December 2022 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased sales activity. Closed sales for the month were down by 38.9%.  They were down by 26.3% in November.  New sales under contract (new pending sales) were down by 26.1% from last year.  They were down by 37.5% in November.

Year-to-year prices were mixed.  The median sales price decreased by 1.8% (was up by 42.5% last month). While the average sales price increased by 0.8% (was up by 13.1% in November).

The available townhouses and condos inventory increased by 5 units to 291 properties.  This is a 282.9% greater supply of inventory than we had in December 2021.  Currently, there’s a 3.2 months supply of inventory (compared to 0.7 months for December 2021).  We remain in a seller’s 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.

Martin County Townhouses and Condos December 2022 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 December 2022 Market Report

Cabana Point Real Estate Market Report February 2023

02.04.23 by

Here is the February 2023 real estate market report for the Cabana Point community in Stuart FL.

There is one home for sale in the Cabana Point community of Stuart Florida. The list price is $469,900 which is $537.64 per sq. ft. of living area.

There are no Cabana Point homes currently under contract.

In the past 12 months, there have been no Cabana Point sales.

Click here to view the previous Cabana Point market report!

About Cabana Point in Stuart Florida:

A Stuart FL waterfront community.

Cabana Point in Stuart Florida
Google Earth image

Cabana Point homes for sale:

Cabana Point is an older Stuart community located between the South Fork of the Saint Lucie River and Kanner Hwy.  This community had its first home built in 1958 and the most recent one was built in 2007.  This small community has 40 homes (all but one are single-family homes) and two remaining vacant lots (neither for sale at the time this is being written).   28 of these home sites are waterfront with access to the ocean or to Lake Okeechobee from a canal or the banks of the Saint Lucie River.  The remaining non-waterfront homes have access through a community boat ramp.

Cabana Point in Stuart Florida
Google Earth image

Recently sold homes in Cabana Point:

This is a non-HOA community with no fees. You should be aware that this is an older community with many of the homes back from the age of smaller CBS-style cabana homes. Though, as time passes, many of these homes are being torn down and replaced with spacious 2 story modern waterfront homes that are in high demand. Current home sizes range from the largest one which is a 2 story 3,100 sq. ft. (under air), 9 bedrooms, 6 bathrooms estate down to a 2 bedroom, 2 bath home with just over 1,000 sq. ft. of living area.

Cabana Point in Stuart Florida
Google Earth image

For those looking for future appreciation, this community is an excellent investment potential.

Cabana Point in Stuart FL

Check here to see if any Cabana Point homes are available for sale

Stuart FL Real Estate is presented by:
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Cabana Point Real Estate Market Report February 2023

Martin County Single Family Homes December 2022 Market Report

02.03.23 by

Martin County Single Family Homes December 2022 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Prices have dropped for the last two months which may be an indication for future increased sales activity. Closed sales were down by 37.6% from last year (they were down by 45.4% in November). At the same time, new pending sales decreased by 31.8% compared to last year (which decreased by 36.7% last month).

Year-to-year prices were down for the month of December.  The median sales price decreased from last year by 3.4% (down by 4.0% in November) while the average sales price decreased by 18.8% (down by 7.0% last month).

The inventory of available single-family homes decreased by 21 units from last month to 499. This is a 185.1% greater inventory than last December.  The current supply of homes is 3.1 months.  For December of last year, it was 0.8 months of supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

Martin County Single Family Homes December 2022 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 December 2022 Market Report

The Preserve Real Estate Market Report February 2023

02.03.23 by

The Preserve Real Estate Market Report February 2023

For February 2023, there are 2 homes on the market in the Preserve of Hobe Sound.  The list prices are $539,000 and $550,000. This equals an average list price of $544,500 which is $269.96 per sq. ft. of living area.

There is 1 Preserve home currently under contract. The list price was $499,900 or $247.84 per sq. ft. of living area.  This home was on the market for 74 days before going under contract.

In the past 12 months, 12 homes have sold in the Preserve.  Sales prices ranged from $390,000 up to $600,000.  This works out to an average sales price of $501,625 which equals $248.70 per sq. ft. of living area.  These homes averaged 21 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 Preserve market report!

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound
Google Earth image
The Preserve homes for sale:

The Preserve of Hobe Sound is a DiVosta built community that was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two-car garage.  The garages come in both front and side entrance varieties.

The Preserve of Hobe Sound

This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded local residents.

The Preserve of Hobe Sound

This is a gated community with a very attractive waterfall lake entrance.  Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course.  All ages are welcome and up to two large pets are permitted.  The community offers a heated pool, two tennis courts and two bocce ball courts along with a small clubhouse.  Low HOA cover landscaping (front of home) as well as the common areas, basic cable TV, management fees and trash pickup.

Recent sales in the Preserve:

Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.

This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.

The Preserve of Hobe Sound
Google Earth image

There are also excellent medical facilities close by as well as restaurants and shopping.  A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.

The Preserve of Hobe Sound
The Preserve of Hobe Sound

Search here for any available Preserve Homes for Sale

Search for Preserve Homes in Hobe Sound FL

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 Preserve Real Estate Market Report February 2023

Florida Townhouses and Condos December 2022 Market Report

02.02.23 by

Florida Townhouses and Condos December 2022 Market Report

Florida Townhouses and Condos market report continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased activity. Closed sales were down by 40.0% as compared to last month’s decrease of 38.9%.  New sales under contract (new pending sales) decreased by 39.9% (In November, there was a 42.1% decrease).

Year-to-year prices are still going up but at a lower pace.  The median sales price was up by 8.8% (was up by 12.3% in November). While the average sales price increased by 1.5% (was up 10.1% in November).

The inventory of active listings increased by 65.0% from December of last year.  This results in 2.8 months’ supply of inventory as compared to 1.3 months for December 2021.  Remaining 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.

Florida Townhouses and Condos December 2022 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 December 2022 Market Report

Spinnaker Point Real Estate Market Report February 2023

02.02.23 by

Spinnaker Point Real Estate Market Report February 2023

As of February 2023, there is 1 home available for sale in Spinnaker Point on Hutchinson Island. The list price is $2,399,000 which is $780.92 per sq. ft. of living area.

There are also no homes currently under contract.

In the past 12 months, no Spinnaker Point homes have sold.

Click here to view the previous Spinnaker Point market report!

About Spinnaker Point on Hutchinson Island:

Spinnaker Point on Hutchinson Island in Stuart Florida
Google Earth image

Spinnaker Point homes for sale:

Spinnaker Point on Hutchinson Island is easy to miss when driving by on Highway A-1-A in Stuart FL.  But, it is one of the gems for those who want both river and ocean access.  This gated community has 12 homes west of the road and 2 lots that have yet to be built upon on the ocean side.

Spinnaker Point on Hutchinson Island in Stuart Florida
Google Earth image

Four of these homes enjoy being on the Intracoastal Waterway (also known as the Indian River) and have deeded docks with ocean access (no fixed low bridges) through the Saint Lucie Inlet just a little under 5 miles south. The remaining 8 homes have access to the community pier and a few have deeded docks as well.

All the homes are built in the Key West style and were built between 1991 and 2001.  Home sizes range from a 3 bedroom, 2 bathroom home with a 2 car garage up to a 5 bedroom, 6 bathroom home with a 2 and ½ car garage.  There is deeded access to the ocean with a boardwalk leading over the dunes.  All ages and pets are permitted in Spinnaker Point. 

Recently sold in Spinnaker Point:

School-age children attend the Felix A Williams elementary school, Stuart middle school, and Jensen Beach high school.

Located approximately halfway between the Stuart and Jensen Beach causeways, it is easy to enjoy the restaurants, shopping, and amenities both areas offer.

Spinnaker Point on Hutchinson Island in Stuart Florida
Google Earth image

Spinnaker Point homes do not come on the market often, so click on the following link to see if any are currently available:

Homes for Sale in Spinnaker Point on Hutchinson Island

View all of our Listings

Recent Market Reports:

Stuart FL Real Estate is presented by:
Gabe Sanders, Real Estate of Florida

Spinnaker Point Real Estate Market Report February 2023

Florida Single Family Homes December 2022 Market Report

02.01.23 by

Florida Single Family Homes December 2022 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased activity. Closed sales were down by 36.1% (were down by 38.2% in November). New sales under contract (new pending sales) were down by 31.5% (were down by 36.8% in November).

Prices were mixed for December.  The (year-to-year) median sales price rose by 5.6% (it was up by 9.6% in November). And, the average sales price was down by 4.0% (it was up by 5.5% last month).

The inventory of available homes for sale increased by 116.8% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (December 2021 had a 1.0 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes December 2022 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 December 2022 Market Report

 

Gabe’s February 2023 House Calls Real Estate Newsletter

02.01.23 by

Gabe’s February 2023 House Calls Real Estate Newsletter

Please click on the image below or the download link button to view the full version of Gabe’s February 2023 House Calls real estate newsletter.

Gabe's February 2023 House Calls Real Estate Newsletter
House Calls Newsletter Download

You can see all the past issues here:
House Calls Archive

Click Here to View Previous House Calls Newsletter Posts

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.

Recent House Calls Newsletters:

Gabe’s February 2023 House Calls Real Estate Newsletter

St. Lucie County Townhouses and Condos 2022 4th Quarter Report

01.31.23 by

St. Lucie County Townhouses and Condos 2022 4th Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 4th Quarter of 2022.

St. Lucie County Townhouses and Condos 2022 4th Quarter Report

For the 4th quarter of 2022, the Saint Lucie Count townhouses and condo real estate market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2022 4th Quarter Report