Martin County Townhouses and Condos June 2020 Market Report

Martin County Townhouses and Condos June 2020 Market Report

The Martin County Townhouses and Condos market is now showing some recovery from the effects of the current pandemic. Closed sales are down for the month, but not as extreme as last month, when compared to last year.  Though, the good news is that new pending sales have begun to rise. Closed sales for the month were down by 5.9%.  They were down by 38.3% in May.  New sales under contract (new pending sales) were up by 38.6% from last month.  They were up by 7.5% for May.

Prices, though, were down for June.  The median sales price decreased by 6.0% (was up by 3.0% last month). While the average sales price decreased by 9.4% (was up by 25.9% in May).

The inventory of available townhouses and condos decreased by 48 units to 377 properties.  This is a 4.3% smaller inventory then we had in June 2019.  Currently, there’s a 4.4 months supply of inventory (compared to 4.3 months for June 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos June 2020 Market 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 June 2020 Market Report

Hobe Sound Golf Club July 2020 Market Report

Hobe Sound Golf Club July 2020 Market Report

For July 2020, there are 2 homes available to purchase in the Hobe Sound Golf Club.  List prices are $450,000 and $850,000.  This is an average list price of $650,000 which is $243.98 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 Hobe Sound Golf Club homes have sold.  Sales prices ranged from $530,000 up to $975,000.  This works out to an average sales price of $685,000 which equals $200.63 per sq. ft. of living area.  These homes went under contract in an average of 165 days and sold for 88% of list price.

Click here to view recent Hobe Sound Golf Club market reports!

About the Hobe Sound Golf Club:

Hobe Sound Golf Club

View Hobe Sound Golf Club homes for sale here:

Located just west of US-1 (Federal Highway) on Bridge Rd in Hobe Sound FL is the gated community and golf club knows as the Hobe Sound Golf Club.  With only 96 homes on over 240 acres, this secure community is one of the most desirable for those wishing to live in a golf course community.

Hobe Sound Golf Club

The first homes were built in 1988 and now come in sizes from 5 bedrooms, 5 bathroom homes with over 5,000 sq. ft. of living area down to a few 2 bedrooms, 2 bathroom homes with just around 2,000 sq. ft. of living area.

Hobe Sound Golf Club

This is a member-owned golf club and amenities include a full-service clubhouse with dining room and pro shop.  There’s also an Olympic sized community swimming pool.  24-hour manned security is also part of this upscale homeowners association. As of June 2019, the HOA fees ranged from $230.00 to $300.00 per month depending on the location and size of the home.   There is also a one time $3,300.00 Capital contribution when purchasing a home.  All homeowners within HSGC must hold at minimum a Social Membership. The 2019 annual dues are $1,000 plus tax. The annual food & beverage minimum is $800.

Hobe Sound Golf Club

The Hobe Sound Golf Club is only 30 minutes away from the West Palm Beach International airport yet far removed from the congestion of big city life.

Hobe Sound Golf Club

The golf course is a Joe Lee signature course and more information can be had by viewing the Hobe Sound Golf Club website here.

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You can see the currently available Hobe Sound Golf Club homes for sale here.

Recent Market Report Posts:

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.

Hobe Sound Golf Club July 2020 Market Report

Copperleaf July 2020 Real Estate Market Report

Copperleaf July 2020 Real Estate Market Report

There are currently 7 homes listed in the Copperleaf community in Palm City, Florida. List prices range from $420,000 up to $759,999. This works out to an average list price of $603,428 which equals $206.83 per square foot of living area.

There are 6 homes under contract awaiting closing. The list prices ranged from $539,900 up to $769,000.  This is an average list price of $639,132 which is $232.28 per square foot of living area. These homes averaged 61 days on the market before going under contract.

In the past 12 months, 36 homes have sold in Copperleaf. Sales prices ranged from $$353,000 up to $1,050,000. This equals an average sales price of $564,372 or $190.35 per square foot of living area.  Sales averaged 97% of list price and averaged 64 days on the market before going under contract.

Click here to view recent Copperleaf market reports!

About Copperleaf in Palm City FL:

Copperleaf in Palm City FL

Copperleaf in Palm City FL was first developed by Centex Homes with the first homes constructed and sold in 2007. New construction continues to the present now under the name of Pulte Homes. As of this writing, there are 123 homes in Copperleaf. Though, construction continues with room for considerably more homes.

Copperleaf in Palm City FL

Home sizes range from estate size homes on over ½ an acre with more than 6,000 sq. ft. of living area down to a smaller 3 bedroom, 2 bath homes with 2 car (or more) garages of 1,705 sq. ft. Copperleaf is conveniently located close to both Florida’s Turnpike and I-95 yet just minutes to shopping, restaurants and the well-respected schools that Martin County has to offer. Only a few more minutes and you can be on the beach or launch your boat at one of the many boat ramps in the area.

Copperleaf in Palm City FL

Copperleaf offers is a gated community with a manned gate by the beautiful entrance. There’s a clubhouse with exercise facilities, two tennis courts, a community pool and a playground for the little ones. As of this writing, the Home Owner’s Association fees are $233 per month. These fees cover Basic Cable TV, Manager, Recreational Facilities, Reserve Fund, Security and Trash pickup.

Copperleaf in Palm City FL

There are excellent new construction opportunities as well as re-sales available in Copperleaf of Palm City FL. Call us for details.

Copperleaf real estate in Palm City FL

Currently, these homes are available for sale in Copperleaf Palm City

Recent Market Report Posts:

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.

Copperleaf July 2020 Real Estate Market Report

Edgewater Villas July 2020 Market Report

Edgewater Villas July 2020 Market Report

For July 2020, there is 1 condo available for sale in the Edgewater Villas of Stuart FL. The list price is $595,000 or $353.33 per sq. ft. of living area.

There are also no condos under contract at this time.

In the past 12 months, 2 Edgewater Villas condos have sold. The sales prices were $410,000 and $530,000. This equals an average sales price of $470,000 which works out to $288.69 per sq. ft. of living area. These condos sold for an average of 96% of list price and went under contract in an average of 35 days after being listed.

Click here to view recent Edgewater Villas market reports!

About the Edgewater Villas Condominiums:

Edgewater Villas Waterfront in Stuart FL

Just west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater Villas Condominiums. This complex consists of two waterfront buildings of four stories on over 2 acres that were built in 1976. These luxury condos come with both 2 or 3 bedroom sizes.  The 2  bedroom units are 1,561 sq. ft. and the 3 bedroom units are 1,684 sq. ft. of air-conditioned living area.  There are only four condos per floor in these buildings.

Edgewater Villas real estate in Stuart FL

This community offers deep water docks that are just west of the Roosevelt Bridge.   Located next to the City of Stuart docks and mooring fields. There is a large heated pool as well as a clubhouse with a kitchen, billiard room as well as a common area member’s room.

Edgewater Villas real estate in Stuart FL

The current condo fees include basic cable TV, landscape/lawn, manager, recreation facilities, roof repair, trash and water, and sewer fees. Up to two large pets are permitted for each unit and rentals are allowed with some restrictions.

Edgewater Villas Waterfront in Stuart FL

These Edgewater Villas Condos are very conveniently located and residents can easily walk to downtown Stuart as well as shops on US-1 (Federal Hwy).

Edgewater Villas Waterfront in Stuart FL

All ages are welcome and children living here currently attend the JD Parker Elementary School, Stuart Middle School, and Jensen Beach High School.

Edgewater Villas real estate in Stuart FL

Click here to see if any Edgewater Villas Condos are for sale!

Recent Market Report Posts:

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.

Edgewater Villas July 2020 Market Report

Martin County Single Family Homes June 2020 Market Report

Martin County Single Family Homes June 2020 Market Report

The Martin County Single Family Homes Market Report seems to have shaken the negative effects of the current Covid-19 pandemic. Closed sales were up by 3.0% from last month (were down by 50.0% in May).  While new pending sales increased by 57.5% as compared to last month when they increased by 21.8%.

Prices were also up for June.  The median sales price was up from last year by 6.5% (it was down by 3.9% in May) while the average sales price increased by a whopping 45.5% (it was up by 9.4% last month).

The inventory of available single-family homes decreased from last month by 190 homes to 712 homes for June. This is 37.0% less inventory than last June.  The current supply of homes is 3.8 months.  For June of last year, it was a 5.1 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 a 6 to 7 month supply of inventory.

Martin County Single Family Homes June 2020 Market Report

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

Recent 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 Single Family Homes June 2020 Market Report