Rustic Hills Real Estate Market Report September 2024

09.29.24 by

Rustic Hills Real Estate Market Report September 2024

For September 2024, 5 homes are available for sale in the Rustic Hills community of Palm City FL.  List prices ranged from $749,000 up to $1,499,999.  The average list price is $1,164,780 or $456.31 per sq. ft. of living area.

2 Rustic Hills homes are under contract at this time. The list prices were $699,000 and $799,000. This is an average list price of $749,000 which works out to $469.32 per sq. ft. of living space. These homes averaged 50 days on the market before going under contract.

In the past 12 months, 6 Rustic Hills homes have sold.  Sales prices ranged from $630,000 up to $875,000. This average sales price of $730,333 equates to $362.06 per sq. ft. of living space.  Sales prices averaged 94% of the last list price. And, these homes averaged 49 days on the market before going under contract.

Click here to view the previous Rustic Hills market report!

About Rustic Hills in Palm City FL:

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

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

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

Rustic Hills covered bridge

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

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

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

Rustic Hills homes for sale in Palm City FL

Recent market reports:

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

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

Rustic Hills Real Estate Market Report September 2024

South Fork Estates Real Estate Market Report September 2024

09.28.24 by

South Fork Estates Real Estate Market Report September 2024

2 homes are for sale in the South Fork Estates community of Stuart FL in September 2024. The list prices are $1,014,900 and $1,250,000. This is an average list price of $1,132,450 which equals $363.91 per square foot of living space.

There are no South Fork Estates homes under contract at this time.

In the past 12 months, 4 South Fork Estates homes have sold.  Sales prices ranged from $780,000 up to $975,000.  This works out to an average sales price of $891,750 which is $374.97 per square foot of living area.   These homes averaged 11 days on the market before going under contract. And, they sold for an average of 98% of the list price.

Click here for the previous South Fork Estates market report!

About South Fork Estates in Stuart FL:

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

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

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

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

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

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

Search for homes for sale in South Fork Estates

Search for South Fork Estates homes for sale

Recent market reports:

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

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

South Fork Estates Real Estate Market Report September 2024

Westwood Country Estates Real Estate Market Report September 2024

09.27.24 by

Westwood Country Estates Real Estate Market Report September 2024

As of September 2024, no homes are available to purchase in Westwood Country Estates in Palm City, FL.

There are also no Westwood Country Estates homes currently under contract (pending sale).

There have only been 1 Westwood Country Estates home sale in the past 12.  The sales price was $1,400,000 which is equal to $332.07 per sq. ft. of living area.  This sale was 100% of the last list price. And, went under contract 2 days after going on the market.

View the previous Westwood Country Estates market report!

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida
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Westwood Country Estates homes for sale:

Westwood Country Estates is a wide-open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, which will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates in Palm City Florida

There are only 77 homes in Westwood Country Estates in Palm City Florida. 

Recent Westwood Country Estates sales:

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and its neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates in Palm City Florida

Westwood Country Estates Homes for Sale

Recent market reports:

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

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

Westwood Country Estates Real Estate Market Report September 2024

Martins Crossing Real Estate Market Report September 2024

09.26.24 by

Martins Crossing Real Estate Market Report September 2024

For September 2024, 12 homes are available for sale in the Martins Crossing community of Stuart FL.  The list prices range from $329,000 up to $600,000. This is an average list price of $471,950 which equals $245.49 per sq. ft. of living area.

No Martins Crossing homes are currently under contract.

In the past twelve months, 21 Martins Crossing homes have sold.  Sales prices ranged from a low of $285,000 to a high of $625,000.  This equals an average sales price of $463,400 which works out to $245.78 per sq. ft. of living area.  These homes sold at an average of 98% of the last list price. And, they went under contract in an average of 29 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

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

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

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

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Real Estate Market Report September 2024

St Lucie County Townhouses and Condos August 2024 Market Report

09.25.24 by

St Lucie County Townhouses and Condos August 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 29.5% from last year (they were unchanged in July). New pending sales were down by 35.2% (they were down by 31.5% last month).

Prices were up for August. The median price increased by 1.6% from last year (was up by 2.7% in July) and the average sales price increased by 9.9% (was up by 1.1% in July).

The available townhouses and condos inventory increased by 8 units from last month to 667 residences. This is a 77.4% greater inventory than we had in August 2023. The current inventory supply is 8.1 months, as compared to 4.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. 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 2024 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 2024 Market Report

Oak Ridge Real Estate Market Report September 2024

09.25.24 by

Oak Ridge Real Estate Market Report September 2024

For September 2024, 4 homes are available for sale in Oak Ridge in Palm City, FL. The list prices range from $529,900 up to $799,990. This is an average list price of $677,473 which is $314.91 per sq. ft. of living area.

3 Oak Ridge homes are currently under contract and awaiting settlement. The list prices ranged from $545,000 up to $689,900. This works out to an average list price of $611,300 or $298.60 per sq. ft. of living space. These homes were on the market for an average of 70 days before going under contract.

11 Oak Ridge homes have sold in the past 12 months.  Sale prices ranged from $435,000 up to $1,440,000.  The average sales price was $668,991 which equals $299.92 per sq. ft. of living area.  These homes went under contract in an average of 54 days after being listed. And, they sold for an average of 96% of the list price.

Click here for the previous Oak Ridge market report!

About Oak Ridge in Palm City FL:

Oak Ridge in Palm City FL
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Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95, and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts, and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager, and Reserve Funds.

Oak Ridge real estate in Palm City FL
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Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Oak Ridge real estate in Palm City FL
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Other nearby amenities include lots of great shopping and easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

Currently available homes for sale in Oak Ridge and the Estates of Oak Ridge

Oak Ridge in Palm City FL home search

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.

Oak Ridge Real Estate Market Report September 2022

St Lucie County Single Family Homes August 2024 Market Report

09.24.24 by

St Lucie County Single Family Homes August 2024 Market Report

The August 2024 St Lucie County Single Family real estate market showed slightly better sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were up by 6.5% for the month compared to the previous year (in July they were up by 4.2%). New sales under contract (new pending sales) decreased by 3.5% (down by 2.2% last month).

Prices were higher for August when compared to last year.  The median sales price was up by 2.5% (it was up by 1.0% in July).  The average sales price was up by 2.0% (it was up by 0.2% in July).

The number of available homes for sale increased by 117 homes to 2,184.  This inventory is 66.6% greater than last year.  The current supply of homes is 4.7 months (it was 2.7 months for 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 2024 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes August 2024 Market Report

Willoughby Cay Real Estate Market Report September 2024

09.24.24 by

Willoughby Cay Real Estate Market Report September 2024

As of September 2024, 1 home is for sale in the Willoughby Cay community of Stuart FL. The list price is $450,000 which equals $290.51 per sq. ft. of living space.

There are also no Willoughby Cay homes currently under contract.

In the past 12 months, 4 Willoughby Cay homes have sold.  Sales prices ranged from $301,900 up to $430,000. This works out to an average sales price of $373,600 which equals $241.19 per sq. ft. of living area.  These homes averaged 42 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Willoughby Cay market report!

About Willoughby Cay in Stuart FL:

Willoughby Cay in Stuart FL
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Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attached villas each (for a total of 102 residences).  However, these homes were built from 2002 to 2004 by Showcase Designer Homes.

These homes come in two basic floor plans.  A 2 bedroom, 2 bathroom with a two-car garage with 1,398 sq. ft. of living area and a 3 bedroom (or 2 bedroom plus den), 2 bathroom with 2 car garage featuring 1,547 sq. ft. of living area.

There is no community pool or other amenities in Willoughby Cay.  However, a few homes have their own pools located in the backyards.  Additionally, for those desiring a country club lifestyle, membership is available for the Willoughby Golf Club across the street.

Willoughby Cay is for all ages and is pet-friendly allowing for up to two pets of medium size or smaller.  Additionally, rentals are also allowed with some restrictions.  The current HOA fee (as of September 2019) is $220.00 a month and these funds cover Basic Cable TV, Common Areas, Lawn Care, Management Fees, Roof Maintenance, and Trash Pickup.

Willoughby Cay in Stuart FL

Children living in Willoughby Cay are zoned for the Pinewood Elementary School, Dr. David L. Anderson Middle School, and Martin County High School.

This community is conveniently located just minutes away from shopping, restaurants, beaches, and boat ramps, medical facilities as well as easy access to I-95 and historic downtown Stuart.

This is a very desirable community where homes coming up for sale tend to sell fast.

Willoughby Cay in Stuart FL

Click here to see available Willoughby Cay 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.

Willoughby Cay Real Estate Market Report September 2024

Martin County Townhouses and Condos August 2024 Market Report

09.23.24 by

Martin County Townhouses and Condos August 2024 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were down by 29.8%.  They were down by 22.5% in July.  New sales under contract (new pending sales) were down 19.0% from last year.  They were down by 43.2% in July.

Prices were also down for August.  The median sales price decreased by 0.3% (was down by 2.9% last month). And, the average sales price decreased by 10.2% (was down by 13.3% in July).

The available townhouses and condos inventory decreased by 2 units to 539 properties.  This is an 85.2% greater supply of inventory than we had in August 2023.  Currently, there’s a 6.6-month supply of inventory (compared to 3.3 months for August 2023).  We remain in a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

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

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos August 2024 Market Report

Castle Hill Real Estate Market Report September 2024

09.23.24 by

Castle Hill Real Estate Market Report September 2024

For September 2024, 3 homes are available for sale in Castle Hill in Sewalls Point, FL. The list prices range from $1,425,000 up to $1,550,000. This is an average list price of $1,471,333 which equals $426.76 per sq. ft. of living area.

There are no Castle Hill homes currently under contract.

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

Click here to view previous Castle Hill market reports.

About Castle Hill in Sewalls Point FL:

Castle Hill real estate in Sewalls Point

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

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

Castle Hill real estate in Sewalls Point

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

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

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

Castle Hill real estate in Sewalls Point

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

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

Here are the currently available homes for sale in Castle Hill

Recent market reports:

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

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

Castle Hill Real Estate Market Report September 2024

Martin County Single Family Homes August 2024 Market Report

09.22.24 by

Martin County Single Family Homes August 2024 Market Report

The Martin County Single Family Homes real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 6.1% from last year (they were up by 4.1% in July). At the same time, new pending sales increased by 13.7% compared to last year (which increased by 2.5% last month).

Prices were mixed for August when compared to last year.  The median sales price increased from last year by 0.4% (down by 6.6% in July) while the average sales price decreased by 7.9% (down by 31.0% last month).

The inventory of available single-family homes increased by 9 homes to 713. This is a 54.3% greater inventory than last August.  The current supply of homes is 4.4 months.  For August of last year, it was 2.9 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 2024 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes August 2024 Market Report

Islesworth Real Estate Market Report September 2024

09.22.24 by

Islesworth Real Estate Market Report September 2024

For September 2024, only 1 home is for sale in the Islesworth community of Palm City, Florida. The list price is $799,999 which equals $313.97 per square foot of living space.

There are also no Islesworth homes currently under contract.

In the past 12 months, 3 Islesworth homes have sold.  The sales prices ranged from $535,000 up to $844,000. This is an average sales price of $668,000 which works out to $239.16 per square foot of living area. These homes were on the market for an average of 42 days before going under contract. And, they sold for an average of 95% of the last list price.

Click here to view the previous Islesworth market report!

About Islesworth in Palm City FL

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

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

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

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

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

View all Islesworth homes for sale

Recent market reports:

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

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

Islesworth Real Estate Market Report September 2024

Florida Townhouses and Condos August 2024 Market Report

09.21.24 by

Florida Townhouses and Condos August 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 14.9% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 19.0% (In July, there was a 10.4% decrease).

Prices were down for August compared to last year. The median sales price was down by 4.3% for August (down by 1.3% in July). And the average sales price increased by 3.7% (was up by 3.0% in July).

The inventory of active listings increased by 74.7% from August last year.  This results in a 7.2-month supply of inventory as compared to a 3.8-month supply for August 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  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 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos August 2024 Market Report

Tres Belle Real Estate Market Report September 2024

09.21.24 by

Tres Belle Real Estate Market Report September 2024

For September 2024, 4 homes are available for sale in the Tres Belle community of Stuart FL. The list prices range from $1,069,888 up to $1,699,995. This is an average list price of $1,342,471 which is $384.75 per sq. ft. of living area.

There is 1 Tres Belle home currently under contract.  The list price was $1,070,000 or $418.62 per sq. ft. of living space.  This home was on the market for 74 days before going under contract.

13 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $937,500 up to $1,500,000.  This equals an average sales price of $1,188,615 which works out to $362.93 per sq. ft. of living area.  These homes went under contract in an average of 42 days after being listed. And, they sold for an average of 96% of the list price.

View the Previous Tres Belle Market Report

About Tres Belle in Stuart FL:

Tres Belle real estate in Stuart Florida
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The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle real estate in Stuart Florida
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The first homes were completed in 2007 and construction and sales of new homes continue to this date (September 2019).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle real estate in Stuart Florida

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

For boaters, there is an abundance of waterways, and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle is located in the ‘A-rated school district of Martin County with children currently slated for Crystal Lake Elementary, David L. Anderson Middle, and South Fork High Schools.

Tres Belle in Stuart Florida
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The reasonable HOA fees include maintenance of the common areas as well as Cable TV.  This is a pet-friendly community.

Tres Belle Stuart Florida real estate

Click for all available Tres Belle homes for sale!

Search here for all Stuart FL real estate

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.

Tres Belle Real Estate Market Report September 2024

Florida Single Family Homes August 2024 Market Report

09.20.24 by

Florida Single Family Homes August 2024 Market Report

The Florida Single Family Home real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales were down by 1.1% (were up by 5.2% in July). New sales under contract (new pending sales) were down by 4.2% (were down by 0.6% in July).

Prices were also down for August when compared to last year.  The (year-to-year) median sales price was down by 0.8% (up by 0.5% in July). And, the average sales price was down by 1.9% (up by 2.2% last month).

The inventory of available homes for sale increased by 49.5% from last year.  This represents a 4.5-month supply of inventory (August 2023 had a 3.0-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered 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 2024 Market Report
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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 2024 Market Report

 

Southwood Real Estate Market Report September 2024

09.20.24 by

Southwood Real Estate Market Report September 2024

For September 2024, 3 homes are available for sale in the Southwood community of Stuart, FL. The list prices range from $670,000 up to $750,000. This is an average list price of $699,967 or $348.84 per sq. ft. of living area.

There are no Southwood homes currently under contract.

In the past 12 months, only 1 Southwood home has sold.  The sales price was $702,500 which works out to $347.43 per sq. ft. of living area.  This home went under contract 13 days after being listed.  And, this home sold for 98% of the last list price.

Click here to view the previous Southwood market report!

About Southwood in Stuart, FL:

Southwood real estate in Stuart FL
Google Earth image

Southwood is a small community of 115 home sites located just southeast of Salerno Rd on Kanner Highway in Stuart FL.  This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95.  It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd.  Just minutes from Martin Memorial South Hospital.  Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.

Children in Southwood attend Pinewood Elementary, David L. Anderson Middle, and Martin County High Schools.  All great schools.  Click on the above links for more information about each school.

One enters the Southwood subdivision through a long private drive.  Currently, this community is not gated, yet offers the utmost privacy and safety.  The homes were built from 1990 to 2001 and are all individual styles from various builders.  This is not a cookie-cutter community.  Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area up to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.

Southwood real estate in Stuart FL

The Southwood Community

There are a number of ponds and creeks throughout Southwood.  And, this community is mostly surrounded by either preserve lands or acreage.  There is no community pool or clubhouse so the HOA fees are a very reasonable $98.00 a month as of this writing and include trash and basic cable TV.  Though there are some magnificent nature trails through the preserve areas.

Southwood real estate in Stuart FL

Southwood is a gem of a neighborhood and is little known to many Martin County residents.  There is very low turnover in this community.  If you’re interested let us know and we can put you on a listing alert notification for this community.

Entrance to Southwood of Stuart FL

Click here to see if any Southwood Homes are currently available

Southwood real estate search

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.

Southwood Real Estate Market Report September 2024

Plantation at Sewalls Point September 2024 Market Report

09.19.24 by

Plantation at Sewalls Point September 2024 Market Report

For September 2024, no homes are available for sale in the Plantation at Sewalls Point community.

There are also no homes under contract at present.

In the past 12 months, 2 Plantation at Sewalls Point homes have sold. The sales prices were $2,253,160 and $14,500,000. This is an average sales price of $8,376,580 or $729.36 per sq. ft. of living area. These homes were on the market for an average of 17 days before going under contract. And, they sold for an average of 100% of the list price.

Click here to view the previous Plantation at Sewalls Point market reports

About Plantation at Sewalls Point:

Plantation at Sewalls Point real estate
Google Earth image

The Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate-sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  There are 11 smaller non-waterfront home sites on 1/2 to 1-acre sites.  All homes were custom-built by individual contractors/builders from 1994 to the early 2000s.

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping, and all of this within an ‘A’ rated school system.

Plantation at Sewalls Point real estate

The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Search here for homes for sale in the Plantation at Sewalls Point, Florida

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.

Plantation at Sewalls Point September 2024 Market Report

Four Rivers Real Estate Market Report September 2024

09.18.24 by

Four Rivers Real Estate Market Report September 2024

For September 2024, 1 home is available to purchase in the Four Rivers community of Palm City FL. The list price is $2,350,000 or $797.96 per sq. ft. of living area.

No Four Rivers homes are currently under contract.

2 Four Rivers homes have sold in the past 12 months.  The sales prices were $1,750,000 and $1,812,500.  This equals an average sales price of $1,781,250 which is $443.34 per sq. ft. of living area.  These homes averaged 102 days on the market before going under contract. And, the sales prices averaged 99% of the list price.

Click here to view the previous Four Rivers market report!

About Four Rivers in Palm City FL:

Four Rivers real estate in Palm City FL

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for serious boaters, all of Four Rivers’ home sites are on deepwater canals suitable for larger vessels.   With no fixed bridges (under 60’) to the Saint Lucie Inlet for quick and easy access to the Atlantic Ocean.

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family-friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, and restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike.  Great location for families and for those wishing to commute to our more crowded neighboring counties.

Four Rivers real estate in Palm City FL
Google Earth image

Canals are maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Low HOA fees are used to fund the occasional dredging to maintain the canal water depth.  Four Rivers is a wonderful place to call home.

Four Rivers in Palm City

Search for all Four Rivers Homes for Sale in Palm City

Four Rivers real estate home search

Search for all Four Rivers Land for Sale in Palm City

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.

Four Rivers Real Estate Market Report September 2024

Hammock Creek Real Estate Market Report September 2024

09.17.24 by

Hammock Creek Real Estate Market Report September 2024

For September 2024, 5 homes are for sale in Palm City, Florida’s various Hammock Creek communities. The list prices range from $689,000 up to $875,000. This equals an average list price of $795,480 or $294.31 per square foot of living area.

1 Hammock Creek home is currently under contract and awaiting closing.  The list price was $715,000 which equals $240.82 per square foot of living space.  This home was on the market for 73 days before going under contract.

In the past 12 months, 23 Hammock Creek homes have sold.  Sales prices ranged from $650,000 up to $1,200,000. This is an average sales price of $868,522 which works out to $294.81 per square foot of living area.  These homes went under contract in an average of 76 days. And, they sold for an average of 94% of the list price.

Click here to view the previous Hammock Creek market report!

About Hammock Creek in Palm City FL:

Hammock Creek in Palm City FL

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

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

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

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

Hammock Creek in Palm City, Florida
Google Earth image

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

Search for Hammock Creek homes

Recent market reports:

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

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

Hammock Creek Real Estate Market Report September 2024

Galleon Bay September 2024 Market Report

09.16.24 by

Galleon Bay September 2024 Market Report

There are currently no homes for sale in the Galleon Bay community of Hutchinson Island in Stuart FL.  

There are also no homes under contract in Galleon Bay at this time.

In the past 12 months, 1 home has sold.  The sales price was $15,000,000 which equaled $1,543.69 per sq. ft. of living area.  This home was on the market for 92 days before going under contract. And, it sold for 94% of the last list price. 

Click here to view recent Galleon Bay market reports!

About Galleon Bay on Hutchinson Island:

Galleon Bay on Hutchinson Island
Google Earth image

Galleon Bay on Hutchinson Island is an exclusive gated oceanfront community just north of the Stuart Causeway.  Very well located close to shopping as well as easy access to downtown Stuart. There are only 15 possible residences in this exclusive upscale community.

All the homesites in Galleon Bay are spacious and allow for stunning estate homes.  Lot sizes vary from just under 1 acre to over 1 and ¼ acres.  There are still vacant lots in Galleon Bay waiting for a home to be built.

Of the current homes in Galleon Bay, the smallest is over 5,000 sq. ft. of living area with 4 bedrooms and 5 bathrooms and the largest has more than 10,000 sq. ft. with 6 bedrooms and 9 bathrooms.

For those wanting to ultimate in privacy and luxury, yet still, be close to all the wonderful amenities available to Martin County residents on the Treasure Coast of FL, Galleon Bay may be the perfect location for you.

Check here for any possible homes for sale in Galleon Bay

Check here for any possible land for sale in Galleon Bay

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.

Galleon Bay September 2024 Market Report