St. Lucie County Single Family Homes 2021 4th Quarter Report

01.31.22 by

St. Lucie County Single Family Homes 2021 4th Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2021 4th Quarter Report

Unlike most other areas in our market, the St. Lucie County single-family home real estate market had an improved sales volume when compared to the 4th quarter of 2020.   These sales results are quite remarkable considering the current unprecedented low inventory. There is very active new home construction in place in Saint Lucie County which is probably why we have these positive results. Prices were also higher this period with very large gains. We are expecting the low inventory to affect future sales volume for the near future.

To view, the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

Egret Pond January 2022 Real Estate Market Report

01.31.22 by

Egret Pond January 2022 Real Estate Market Report

As of January 2022, there are no homes on the market in the Egret Pond community of the Martin Downs Country Club of Palm City FL.

There are also no homes currently under contract in Egret Pond.

In the past 12 months, there have been 5 homes sold in this Martin Downs community. Sales prices ranged from $259,900 up to $325,000.  This works out to an average sales price of $296,180 which equals $175.70 per square foot of living area. Notably, these homes were on the market for an average of 13 days before going under contract. And, they sold for an average of 100% of the list price.

Click here to view recent Egret Pond market reports!

About Egret Pond in Martin Downs:

Egret Pond in the Martin Downs Country Club in Palm City Florida
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Egret Pond homes for sale:

Egret Pond in the Martin Downs Country Club in Palm City Florida
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These are all concrete block construction homes with flat cement tile roofs. The HOA fees include landscaping and lawn maintenance, basic cable TV, a reserve fund for the common areas, exterior painting, and security. The Martin Downs Country Club area is a guard gated community with roving security patrols as needed.

Recent sales in Egret Pond:

All ages are welcomed and pets are also allowed in this popular community. Children are currently zoned to attend the Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

  • Egret Pond in Martin Downs
  • Egret Pond in Martin Downs

Additionally, Egret Pond is very conveniently located close to Florida’s Turnpike for those looking to travel to parts north or south. So, this is a very affordable and excellent choice for those looking for a home within the Palm City area of Martin County.

Egret Pond in Martin Downs

Click here to see the available Egret Pond homes for sale in Palm City FL

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.

Egret Pond January 2022 Real Estate Market Report

Martin County Townhouses and Condos 2021 4th Quarter Report

01.30.22 by

Martin County Townhouses and Condos 2021 4th Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2021 4th Quarter Report

For Martin County townhouses and condos the sales volume declined in the 4th quarter of 2021 when compared to the same period last year. This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2021 4th Quarter Report

Rio Vista in Sewalls Point January 2022 Market Report

01.30.22 by

Rio Vista in Sewalls Point January 2022 Market Report

As of January 2022, there is only 1 Rio Vista home for sale in Sewalls Point. The list price is $645,000 or $391.86 per square foot of living area.

There are 2 Rio Vista homes under contract at this time.  List prices were $1,299,000 and $5,300,000.  This is an average list price of $3,299,500 which is $355.93 per square foot of living area.  These homes averaged 378 days on the market before going under contract.

In the past 12 months, 8 Rio Vista homes have sold. Sales prices ranged from $600,000 up to $825,000. This works out to an average sales price of $681,438 which equals $268.94 per square foot of living area. These homes averaged 27 days on market before going under contract and sold for an average of 97% of the list price.

Click here to view recent Rio Vista market reports!

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point Florida

Homes for sale in Sewalls Point:

Homes in Rio Vista were built from 1975 to some newer construction with one just being finished in 2015. Home sizes range from a low of around 1,500 sq. ft. with either 2 or 3 bedrooms and 2 baths all the way to a 15,000 sq. ft. mansion with 8 bedrooms and 15 bathrooms.

Recent Rio Vista sales:

There are no HOA fees in the Rio Vista neighborhood of Sewalls Point as it is within the town city limits.

Search here to search for any Rio Vista homes for sale in Sewalls Point

View all Sewalls Point homes for Sale

 

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

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

Martin County Single Family Homes 2021 4th Quarter Report

01.29.22 by

Martin County Single Family Homes 2021 4th Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data as reported by Martin County Realtors.

Martin County Single Family Homes 2021 4th Quarter Report

The Martin County single-family home market had weaker sales volume when compared to the 4th quarter of 2020.   This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2021 4th Quarter Report

Pine Ridge Condos in Palm City January 2022 Market Report

01.29.22 by

Pine Ridge Condos in Palm City January 2022 Market Report

There are no condos for sale in Pine Ridge at Martin Downs in Palm City FL for January 2022.

There is only 1 condo currently under contract in Pine Ridge. The list price was $139,000 which is $167.47 per sq. ft. of living area. This condo was on the market for only 3 days before going under contract.

In the past 12 months, 15 condos have sold in Pine Ridge. Sales prices ranged from a low of $134,900 up to a high of $249,000.  This works out to an average sales price of $185,820 which equals $150.62 per sq. ft. of living area. These condos sold for an average of 100% of the list price and were on the market for an average of 11 days before going under contract.

Click here to view recent Pine Ridge market reports!

About the Pine Ridge Condos at Martin Downs:

Pine Ridge condos in Martin Downs in Palm City Florida
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Pine Ridge condos for sale:

Pine Ridge condos in Martin Downs in Palm City Florida
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Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas. There are numerous floor plans ranging from 3 bedroom, 2 bath units down to 1 bedroom, 1 bath condos. As a bonus, some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

Recently sold in Pine Ridge:

There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted. No trucks or motorcycles are allowed.

  • Pine Ridge Condos at Martin Downs
  • Pine Ridge Condos at Martin Downs

In conclusion, this is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City. Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.

Pine Ridge Condos in Palm City

Click this link to search for available Pine Ridge Condos for Sale

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

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

Pine Ridge Condos in Palm City January 2022 Market Report

Florida Townhouses and Condos 2021 4th Quarter Report

01.28.22 by

Florida Townhouses and Condos 2021 4th Quarter Report

Click the image below to view the 2021 4th Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 4th Quarter Report

Sales volume declined in the 4th quarter of 2021 when compared to the same period last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click on the image above or this link.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2021 4th Quarter Report

Martin Downs Country Club January 2022 Market Report

01.28.22 by

Martin Downs Country Club January 2022 Market Report

For January 2022, there is only 1 home for sale in the Martin Downs Country Club in Palm City FL.  The list price is $349,900 which works out to $235.15 per sq. ft. of living area.

There are 7 homes currently under contract. List prices ranged from $349,000 up to $985,000. This works out to an average list price of $511,557 which equals $237.07 per sq. ft. of living area. These homes averaged 40 days on the market before going under contract.

In the past 12 months, 75 properties have been sold in the Martin Downs Country Club. Sales prices ranged from $197,500 up to $1,380,000. This equals an average sales price of $433,821 or $197.38 per sq. ft. of living area. These homes averaged 21 days on the market before going under contract and sold for 99% of the list price.

Click here to view recent Martin Downs market reports!

About the Martin Downs Country Club:

Martin Downs Country Club in Palm City Florida
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Martin Downs Country Club homes for sale:

Osprey Creek in Martin Downs in Palm City Florida
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Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Recent Martin Downs Country Club sales:

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums. Some of the communities within the Martin Downs Country Club include the Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Quail Meadow, Starling Court, and the Clubhouse Court Condos.

HOA fees and pet restrictions vary by community. For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

  • Martin Downs Country Club
  • Martin Downs Country Club

Search here for all Martin Downs Real Estate for Sale

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

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

Martin Downs Country Club January 2022 Market Report

Florida Single Family Homes 2021 4th Quarter Report

01.27.22 by

Florida Single Family Homes 2021 4th Quarter Report

Click the image below to view the full details of the 2021 4th quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 4th Quarter Report

For the 4th quarter of 2021, Florida single-family homes showed reduced sales activity when compared to last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view, the full report click the image above or this link.

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2021 4th Quarter Report

Hidden Bay in Palm City January 2022 Market Report

01.27.22 by

Hidden Bay January 2022 Market Report

As of January 2022, there is 1 home available for sale in Hidden Bay in Palm City FL. The list price is $1,800,000 which is $496.00 per sq. ft. of living area.

Also, there are no homes currently under contract.

In the past 12 months, only 1 home has sold in Hidden Bay. The sales price was $675,000 which is $280.78 per sq. ft. of living area. This home was on the market for 35 days before going under contract. The sales price was 97% of the list price.

Click here to view recent Hidden Bay market reports!

About the Hidden Bay community in Palm City FL:

Hidden Bay in Palm City Florida
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Homes for sale in the Hidden Bay area of Palm City FL:

This is a secluded private community in northern Palm City just off Murphy Road with a number of waterfront homes on Bessey Creek. There are just 30 homes in this community.  This is not gated and has no HOA fees nor any amenities of a homeowners’ association.

Hidden Bay in Palm City Florida
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The first home recorded in Hidden Bay was built in 1978 with the last one completed in 2013. There appears no more vacant lots for sale. There are 11 ocean access waterfront homes as well as 5 non-ocean access waterfront homes with the remaining homes not being waterfront in Hidden Bay.

Recent Hidden Bay sales:

Homes in Hidden Bay range from under 2,000 sq. ft. ranch homes to just under 5,000 sq. ft. two-story estate-style homes with up to 5 bedrooms and 4 bathrooms. Additionally, children are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

In conclusion, Hidden Bay represents one of the lesser know areas in Palm City. A true hidden gem.

  • Hidden Bay in Palm City FL
  • Hidden Bay in Palm City FL

Click here to see if any Hidden Bay Homes are available for sale.

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

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

Hidden Bay January 2022 Market Report

St Lucie County Townhouses and Condos December 2021 Market Report

01.26.22 by

St Lucie County Townhouses and Condos December 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last December. The unprecedented low inventory is the primary factor for these results. Closed sales were down by 20.3% from last year (were down by 20.5% in November). New pending sales were down by 19.8% for December (they were down by 24.3% last month).

Prices continued to rise in December. The median price increased by 5.5% from last year (was down by 4.0% in November) and the average sales price increased by 21.7% (was up by 7.5% in November).

The inventory of available townhouses and condos decreased by 23 units from last month to 146 residences. This is 54.2% less inventory than we had in December 2020. The current inventory supply is 1.1 months, as compared to 2.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. 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 2021 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 2021 Market Report

Oceana Oceanfront and North Condos January 2022 Market Report

01.26.22 by

Oceana Oceanfront and North Condos January 2022 Market Report

For January 2022, there are 3 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. The list prices range from $500,000 up to $525,000. This is an average list price of $514,667 which is $503.10 per sq. ft. of living space.

There are 4 condos currently under contract. The list prices ranged from $339,000 up to $599,000. This equals an average list price of $454,225 or $442.88 per sq. ft. of living space. These condos averaged 31 days on the market before going under contract.

In the past 12 months, 28 condos have sold. Sales prices ranged from $255,000 up to $630,000. This equals an average sales price of $386,925 which works out to $381.80 per sq. ft. of living space. These condos sold for an average of 99% of the list price. And, averaged 24 days on the market before going under contract.

Click here to view recent Oceana condo market reports!

About the Oceana Oceanfront and North Condos:

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
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Oceana North condos for sale:

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana I was built in 1975 and is a 12 story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units. Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area. Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft. The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
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There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle was areas.

Recent Oceana North sales:

Both buildings share a large clubhouse with a fitness and game room, kitchen and bar and a large social area. 1 small pet is allowed as well as rentals with a 3-month minimum lease restriction. There are four tennis courts directly across the street as well as 2 RV/Boat parking areas. Trucks are also allowed.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
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Condo fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal, and Water.

Oceana North and Oceanfront Condos in Jensen Beach
Search Links:

Click on this link to search for available Oceana North Condos in Jensen Beach

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Oceana Oceanfront and North Condos January 2022 Market Report

St Lucie County Single Family Homes December 2021 Market Report

01.25.22 by

St Lucie County Single Family Homes December 2021 Market Report

The December 2021, St Lucie County Single Family Home market had improved sales activity when compared to last year. This is pretty impressive when you consider the extremely low inventory of available homes available for purchase. Closed sales were up by 24.2% for the month compared to last year (in November they were up by 8.0%). New sales under contract (new pending sales) decreased by 0.5% (they were up by 12.1% last month).

Prices were also up in December.  The median sales price was up by 24.3% (was up by 29.1% in November).  The average sales price was up by 31.0% (it was up by 34.2% in November).

The number of available home listings decreased by 79 homes to 625.  This inventory is 32.9% less than last year.  The current supply of homes is only 1.0 months (it was 1.8 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2021 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 2021 Market Report

Murano Homes January 2022 Housing Market Report

01.25.22 by

Murano Homes January 2022 Housing Market Report

Palm City Florida Real Estate

There are currently no homes available for purchase in the Murano community in Palm City FL.

There are also no homes under contract at this time in the Murano subdivision of Palm City, FL.

In the past 12 months, 10 homes have sold in Murano with sales prices ranging from $328,000 up to $575,000.  This works out to an average sales price of $426,790 which equals $183.55 per sq. ft. of living area.  These homes were on the market for an average of 20 days before going under contract.  The sales prices averaged 99% of the list price.

Click here to view recent Murano market reports!

About the Murano Community in Palm City FL:

Murano in Palm City Florida
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Murano homes for sale:

Conveniently located off of Martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two-story 5 Bedroom 4 bathroom homes of over 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

Murano in Palm City Florida
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This is a very family friendly neighborhood close to “A” rated schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees.

Recent sales in Murano:

For those interested in the Murano community of Palm City, please let me know if you’d like to be placed on an automatic listing notifier of available homes in this community.

Murano in Palm City Florida
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Click here to view the current Murano homes for sale

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

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

Murano Homes January 2022 Housing Market Report

Martin County Townhouses and Condos December 2021 Market Report

01.24.22 by

Martin County Townhouses and Condos December 2021 Market Report

The Martin County Townhouses and Condos had slightly weaker sales volume compared to last December. Mostly because of the low inventory of available homes. Closed sales for the month were down by 1.7%.  They were down by 29.6% in November.  New sales under contract (new pending sales) were up by 1.1% from last year.  They were down by 11.9% in November.

Prices also continued to rise for December.  The median sales price increased by 28.0% (was up by 4.3% last month). While the average sales price increased by 14.1% (was up by 38.5% in November).

The inventory of available townhouses and condos decreased by 8 units to 143 properties.  This is a 73.4% smaller supply of inventory than we had in December 2020.  Currently, there’s a 0.7 months supply of inventory (compared to 2.9 months for December 2020).  We remain in a very extreme 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 2021 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 2021 Market Report

The Archipelago of Sewalls Point January 2022 Market Report

01.24.22 by

The Archipelago of Sewalls Point January 2022 Market Report

For January 2022, there is only 1 home available for purchase in the Archipelago of Sewalls Point in Stuart FL.  The list price is $2,350,000 or $770.24 per sq. ft. of living area.

There is also 1 home currently under contract. The list price was $1,800,000 which is $578.41 per sq. ft. of living area. This home was on the market for less than 1 day before going under contract.

In the past 12 months, there have been 5 sales in the Archipelago of Sewalls Point. Sales prices ranged from $1,015,000 up to $4,125,000. This equals an average sales price of $2,089,500 which equals $657.38 per sq. ft. of living area.  These homes were on the market for an average of 40 days before going under contract. And, were sold for an average of 94% of the list price.

Click here to view recent Archipelago market reports!

About the Archipelago of Sewalls Point:

The Archipelago of Sewalls Point in Stuart Florida
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The Archipelago homes for sale:

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes to spectacular estate lots with magnificent views.

The Archipelago of Sewalls Point in Stuart Florida
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Recently sold Archipelago homes:

Search here for homes in the Archipelago

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 Archipelago of Sewalls Point January 2022 Market Report

Martin County Single Family Homes December 2021 Market Report

01.23.22 by

Martin County Single Family Homes December 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last December. Mostly because of the unprecedented lack of inventory of available homes. Closed sales were down by 19.8% from last year (were down by 19.5% in November).  While new pending sales decreased by 11.8% as compared to last year (decreased by 28.9% last month).

Prices were up sharply for December.  The median sales price increased from last year by 42.4% (it was up by 28.0% in November) while the average sales price increased by 54.1% (up by 10.0% last month).

The inventory of available single-family homes decreased by 56 homes from last month to only 175 homes. This is 64.3% less inventory than last December.  The current supply of homes is only 0.8 months.  For December of last year, it was a 2.2 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes December 2021 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 2021 Market Report

Canoe Creek Real Estate Market Report January 2022

01.23.22 by

Canoe Creek Real Estate Market Report January 2022

For January 2022, there is 1 home for sale in Canoe Creek in Palm City. The list price is $625,000 which is $201.61 per sq. ft. of living area.

There are no homes currently under contract in Canoe Creek in Palm City.

In the past 12 months, 5 homes have sold in Canoe Creek. The sales prices ranged from $480,000 up to $660,000. This works out to an average sales price of $554,600 which equals $232.04 per sq. ft. of living area. These homes went under contract in an average of 21 days after going on the market. And, were sold for an average of 95% of the list price.

Click here to view recent Canoe Creek market reports!

About Canoe Creek Real Estate in Palm City:

Canoe Creek in Palm City Florida
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Canoe Creek homes for sale:

Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes. They all have plenty of room for growing families or those looking for a little “elbow room”. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre. Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area. Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

Recently sold in Canoe Creek:

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A-rated schools, recreation, and the exciting and beautiful Downtown Stuart. It is also close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Canoe Creek in Palm City Florida
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Low HOA fees make this an easily affordable community. It is a subdivision that offers privacy with room to spare between homes with individual mostly custom-designed and built homes at an affordable price.

Canoe Creek in Palm City FL

Search for Canoe Creek Homes for Sale

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

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

Canoe Creek Real Estate Market Report January 2022

Florida Townhouses and Condos December 2021 Market Report

01.22.22 by

Florida Townhouses and Condos December 2021 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. This is an improvement from last month’s results. Closed sales were up by 5.4% as compared to last month’s decrease of 5.6%.  New sales under contract (new pending sales) increased by 5.9% (In November, a 0.4% decrease).

Prices continued to rise in December.  The median sales price was up by 19.9% (was up by 17.6% in November). While the average sales price increased by 22.4% (was up 19.6% in November).

The inventory of active listings decreased by 55.8% from December of last year.  This results in 1.5 months supply of inventory as compared to 4.7 months for December 2020.  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 2021 Market Report
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View previous Florida townhouses and condo market reports by clicking this link.

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.

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Florida Townhouses and Condos December 2021 Market Report

Monarch Country Club Real Estate Market Report January 2022

01.22.22 by

Monarch Country Club Real Estate Market Report January 2022

For January 2022, there is currently only 1 active listing in the Monarch Country Club in Palm City FL. The list price is $950,000 which works out to $356.47 per sq. ft. of living area.

Currently, there is also only 1 home under contract. The list price was $385,000 or $236.20 per sq. ft. of living area. This home was on the market for 6 days before going under contract.

In the past 12 months, 44 homes have sold in the Monarch Country Club. Sales prices ranged from a low of $260,000 up to $705,000. This equals an average sales price of $465,575 which equals $222.72 per sq. ft. of living area. These homes sold on average for 97% of the list price and were on the market for an average of 37 days before going under contract.

Click here to view recent Monarch market reports!

About the Monarch Country Club

Monarch Country Club in Palm City Florida
Google Earth image

Monarch Country Club homes for sale:

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

Homes in the Monarch Country Club range in size from estate-sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage. For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

Monarch Country Club in Palm City Florida
Google Earth image

All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

Recent Monarch Country Club sales:

About the Golf Club:

The championship course at Monarch boasts 6,867-yard par 72 with a slope of 133 and a rating of 73.6. Shorter options exist for all levels of play. This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

Monarch Country Club in Palm City Florida
Google Earth image

There’s a beautiful clubhouse with a pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club. The two-story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club. This fine facility is also available for business, social conferences and weddings. Adjacent to the clubhouse is a professional-caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

entrance to the Monarch Country Club
Search for Monarch Country Club Homes:

Here are the currently available Monarch Country Club Homes for Sale

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

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

Monarch Country Club Real Estate Market Report January 2022