Martin County Single Family Homes May 2019 Market Report

Martin County Single Family Homes May 2019 Market Report

The Martin County Single Family Homes May 2019 Market Report showed improved sales activity when compared to last May but not quite as robust as last month.  Closed sales were up by 1.1% (were up by 13.7% in April).  While new pending sales increased by 1.8% as compared to May 2018 (they increased by 3.0% in April).

Prices were mixed for May.  The median sales price was up by 3.8% from last year (down by 1.4% in April) while the average sales price decreased by 0.2% (was down by 14.5% last month).

The inventory of available single-family homes decreased from last month by 33 homes to 1071 units for May,  this is a 12.3% greater inventory than last May.  The current supply of homes is 5.4 months.  For May of last year, it was a 4.7 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes May 2019 Market Report

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 May 2019 Market Report

Hidden Bay in Palm City FL July 2019 Market Report

Hidden Bay in Palm City FL July 2019 Market Report

As of July 2019, there is 1 home available for sale in Hidden Bay in Palm City FL.  The list price is $325,000 or $175.39 per sq. ft. of living area.

There are also no homes currently under contract.

In the past 12 months, there have been no sales in Hidden bay homes have sold.

About Hidden Bay in Palm City FL:

Hidden Bay in Palm City FL

A 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 FL Hidden Bay in Palm City FL

The first home recorded in Hidden Bay was built in 1978 with the last one completed in 2013. There appears to be one remaining vacant lot which is not currently (March 2016) 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.

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

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. Children are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

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

Ocean Access waterfront homes in Palm City FL:

Hidden Bay in Palm City FL July 2019 Market Report

Florida Townhouses and Condos May 2019 Market Report

Florida Townhouses and Condos May 2019 Market Report

The Florida Townhouses and Condos Market Report for May 2019 had slightly stronger sales activity when compared to last May.  Closed sales were up by 1.6% as compared to last month’s increase of 3.2% and new sales under contract (new pending sales) increased by 0.5% (In April there was a 0.8% decrease).

Prices were mixed for the month of May.  Median sales price was up by 3.7% (was up by 3.6% in April), while the average sales price decreased by 1.2% (was up 3.1% in April).

The inventory of active listings increased by 4.8% from May of last year.  We now have 5.9 months of inventory as compared to 5.7 months for May 2018.  Drifting back into a slight seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos May 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos May 2019 Market Report

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 Townhouses and Condos May 2019 Market Report

Sand Dollar Oceanfront Condo Sold

Sand Dollar Oceanfront Condo Sold

A wonderfully updated condo that has been sold for $320,000 which will be a great new vacation home for the new owners.

Sand Dollar Shores Condos on Hutchinson Island in Jensen Beach

A completely remodeled oceanfront condo which can be your seaside resort paradise.  Spectacular views from this 4th-floor unit. Improvements include the AC, water heater, washer, and dryer replaced in 2017. New updated electrical panel installed in 2017 with new switches and dimmers. Removal of all popcorn ceilings was done. There is new 12 x 30 tile flooring throughout A beautiful kitchen with top of the line stainless appliances, noiseless dishwasher, and high-end wood cabinets with auto close drawers, granite countertops and under cabinet LED lighting. All new 4-panel wood doors, new door frames, baseboards, elegant crown molding and plantation shutters in the bedrooms. Custom Cherrywood master closet and new ceiling fans in all 3 rooms. Both bedrooms, baths and kitchen furnishings are inclusive with some pieces in living room included.

Living Room of Sand Dollar Shores Condo

About the Sand Dollar Condos in Jensen Beach:

The kitchen of Sand Dollar Shores Condo in Jensen Beach

The Sand Dollar Shores condos in Jensen Beach on Hutchinson Island (also known as Sand Dollar Villas) consist of 5 buildings which were completed in 1980.  Located approximately 5 miles north of the Jensen Beach Causeway these Sand Dollar Shores condos offer some of the best private ocean access with few crowds and unspoiled beaches.

Dining Area of Sand Dollar Shores Condo in Jensen Beach

All condos are 2 bedroom and 2 bathrooms with either 1,113 or 1,053 sq. ft. under roof plus additional balcony space.  Sand Dollar condos offer direct ocean access and have two pools, a clubhouse, fitness room, and tennis courts.

View from the balcony of Sand Dollar Shores Condo on Hutchinson Island

Rentals are allowed with only a one-month minimum stay requirement and 1 large pet is permitted for owners.  HOA fees cover Basic Cable TV, Common Areas, Common R.E. Tax, Elevator, Exterior Electric, Fire/Liability Insurance, Grounds / Plants, Insurance-Bldg., Lawn Care, Legal/Accounting, Maintenance Exterior, Management Fees, Manager, Parking, Pool Service, Reserve Funds, Roof Maintenance, Security, Water, Sewer and Trash Removal.

Bedroom of Sand Dollar Shores Condo in Jensen Beach
Bedroom of Sand Dollar Shores Condo in Jensen Beach

This gated community on the crystal clear blue waters of the Atlantic Ocean may be just the right ticket for your Florida home!

Bathroom of Sand Dollar Shores Condo on Hutchinson Island
The bathroom of Sand Dollar Shores Condo on Hutchinson Island

View all Sand Dollar Shores condos for sale:

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

Presented by: Gabe Sanders

Residential Homes, Condos and Land

Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Sand Dollar Oceanfront Condo Sold

Florida Single Family Homes May 2019 Market Report

Florida Single Family Homes May 2019 Market Report

The Florida Single Family Homes Market Report for April 2019 showed continued improvement for sales volume when compared to last year.  The closed sales numbers were up by 9.6% (were up by 6.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were up by 4.4% in April).

Prices were also up for May.  The median sales price rose by 4.3% (it was up by 2.6% in April) and the average sales price rose by 2.6% (it was down by 0.2% last month).

The inventory of available homes for sale increased by 4.0% from last year.  This is a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (May 2018 also had a 4.0 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes May 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes May 2019 Market Report

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.

May 2019 Florida Single Family Homes Market Report