Florida Single Family Homes April 2022 Market Report

Florida Single Family Homes April 2022 Market Report

The Florida Single Family Home market activity had lower sales volume compared to last April.  We remain in a market with unprecedented low inventory as well as rising interest rates that are significantly affecting the real estate market.  Inventory rose slightly this month, so maybe we are in the very beginnings of a turn-around in the market. Closed sales were down by 15.3% (were down by 6.2% in March). New sales under contract (new pending sales) were down by 13.9% (were down by 12.4% in March).

Prices are continuing their rise.  The median sales price rose by 21.8% (it was up by 21.1% in March). And, the average sales price was up by 12.8% (it was up by 16.9% last month).

The inventory of available homes for sale increased by 6.9% from last year.  This represents only a 1.1 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (April 2021 also had a 1.1 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes April 2022 Market Report

Click here to view the full report!

Recent Florida Market Report Posts:

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

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

Florida Single Family Homes April 2022 Market Report

 

River Landing Palm City Market Report May 2022

River Landing Palm City Market Report May 2022

As of May 2022, there are no homes on the market in River Landing in Palm City Florida.

There are also no River Landing homes currently under contract.

In the past 12 months, 9 River Landing homes have sold.  Sales prices ranged from $445,000 up to $732,000.  The average sales price equaled $583,222 which works out to $239.68 per sq. ft. of living area. These homes sold for an average of 98% of list price and were on the market for an average of 40 days before going under contract. 

Click here to view the previous River Landing market reports

About River Landing in Palm City FL:

River Landing in Palm City Florida
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River Landing homes for sale:

One of the little-known gems of the Treasure Coast, River Landing is home to 96 custom-built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing, the last one was built in 2007.  Both one and two-story homes on generously sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air-conditioned space.  Low HOA fees include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.

River Landing in Palm City FL

This one-of-a-kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as an RV/Trailer/Boat storage facility, tennis courts, and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

Recent River Landing sales:

Living in River Landing is like being on vacation year-round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are a mix of both older and newer homes. They have yards with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment, and fantastic local restaurants!

Living in River Landing is like being on vacation year-round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are a mix of both older and newer homes. They have yards with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment, and fantastic local restaurants!

River Landing in Palm City FL

River Landing Homes for Sale in Palm City Florida

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.

River Landing Palm City Market Report May 2022

Conquistador Homes and Condos Market Report May 2022

Conquistador Homes and Condos Market Report May 2022

Homes:  There are no homes currently on the market in Conquistador Estates.

Also, there are no homes currently under contract.

3 Conquistador homes have sold in the past 12 months. The sales prices ranged from $434,900 up to $575,000. This works out to an average sales price of $518,300 which is $218.27 per sq. ft. of living area. These homes averaged 5 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Condos: There are currently 2 condos for sale in Conquistador.  The list prices are $169,000 and $274,900. This is an average list price of $221,950 or $236.76 per sq. ft. of living area.

There are 3 Conquistador condos under contract at this time.  The list prices ranged from $230,000 up to $289,000. This is an average list price of $252,667 which equals $241.53 per sq. ft. of living area. These condos averaged 9 days on the market before going under contract.

In the past 12 months, 20 condos have sold in Conquistador.  Sales prices ranged from $140,000 up to $270,000.  The average sales price was $212,845 which equals $195.40 per sq. ft. of living area. These sales averaged 99% of the list price and went under contract in an average of 12 days after being listed.

About Conquistador Homes and Condos in Stuart FL:

Conquistador in Stuart Florida
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Conquistador homes and condos for sale:

Conquistador homes and condos are in the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single-family homes (the estate’s section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.

Conquistador in Stuart Florida
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Recent Conquistador sales:

This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Conquistador Condos and Homes in Stuart FL

Search for available Homes and Condos in Conquistador here

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.

Conquistador Homes and Condos Market Report May 2022

Royal Oak Towers May 2022 Market Report

Royal Oak Towers May 2022 Market Report

For May 2022, there are no condos available for sale in the Royal Oaks Towers of Stuart.

There is 1 Royal Oak Towers condo currently under contract. The list price was $250,000 or $221.43 per sq. ft. of living area.  This condo was on the market for 43 days before going under contract.

In the past 12 months, 1 condo has sold.  The sales price was $175,000 which equals $155.00 per sq. ft. of living area.  This condo was on the market for 5 days prior to going under contract and sold for 100% of the list price.

Click here to view previous Royal Oak Towers market reports!

About: Royal Oak Towers Condos in Downtown Stuart

Royal Oak Towers in Stuart Florida
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Royal Oak Tower condos for sale:

One of the best locations in Stuart FL.  This all-ages condominium community is within walking distance of the Martin Memorial Hospital, Martin County Court House and School Headquarters as well as numerous medical and professional offices as well as the charmingly historic downtown Stuart area.

Royal Oak Towers in Stuart Florida
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This condominium complex consists of three adjoining buildings with only 18 units in total.  There are only two residences per floor for each building with under-building covered parking available for most owners.  All of the condos are 2 bedrooms and 2 bathrooms with a balcony and 1,129 sq. ft. of living area.  There are common laundry areas for each building, though many unit owners have installed a washer and dryer units in their condos.

Recently sold Royal Oak condos:

Amenities include a barbecue area and pool in the back of the complex and a picturesque fountain out front.  There’s also a large sun deck that can be used for year-round tanning or for parties.

COA (Condo Owners Association) fees include building maintenance, pool, common area charges, trash pickup, painting, roof repair, reserve funds.  All ages are welcome and up to one large pet is allowed.  This is also one of the rare condo associations that allow trucks and motorcycles.

Royal Oak Towers in Downtown Stuart FL

These homes are typically in great demand, so please contact us if you want to be notified when a residence comes up for sale.

Click here to see if any Royal Oak Towers condos are currently available

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.

Royal Oak Towers May 2022 Market Report

Ocean Terrace Condos May 2022 Market Report

Ocean Terrace Condos May 2022 Market Report

For May 2022, there aren’t any condos available for sale in the Ocean Terrace building in Indian River Plantation on Hutchinson Island in Stuart FL

There are 2 Ocean Terrace condos currently under contract. The list prices were $689,000 and $950,000. This is an average list price of $819,500 or $682.92 per sq. ft. of living area. These condos averaged 16 days on the market before going under contract.

In the past 12 months, there have been 4 condo sales in Ocean Terrace. Sales prices ranged from $349,000 up to $840,000. This is an average sales price of $596,750 which is $457.43 per sq. ft. of living area. These condos were on the market for an average of only 13 days before going under contract. And, sales prices were an average of 97% of the list price.

Click here to view previous Ocean Terrace market reports

About the Ocean Terrace Condos in Indian River Plantation

Ocean Terrace in Indian River Plantation on Hutchinson Island in Stuart Florida
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Ocean Terrace condos for sale:

The Ocean Terrace condos of Hutchinson Island in the Indian River Plantation is a direct oceanfront building.   They were built in 1981 with units having either ocean views or sweeping golf course and lake views of the Indian River Plantation Golf Course

Ocean Terrace in Indian River Plantation on Hutchinson Island in Stuart Florida
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There are 32 units with both two bedroom two bath condos of 1200 sq. ft. of living area and one bedroom one bath condos of 1001 sq. ft. of living area.   Ocean Terrace is a four-story elevator building and has the convenience of underbuilding parking for residents.  This is a pet-friendly building with one large pet permitted for owners.

Recent Ocean Terrace sales:

Indian River Plantation amenities include a golf course, full-service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Ocean Terrace Condos for Sale

About the Indian River Plantation Marriott:

the Indian River Plantation Marriott:

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island.  It is bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

Ocean Terrace in Indian River Plantation on Hutchinson Island in Stuart Florida
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A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings, and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

Lakeside Condos in Indian River Plantation

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille; and 13 Novagrass tennis courts; miles of unspoiled beaches; water sports; deep-sea fishing; and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas, and supervised activities for both children and teens.

Additional Indian River Plantation Condos you December wish to consider:
BayviewBeachwalkDunes ClubFairway VillasInlet VillageLakesideOcean HousePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

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 Florida, please click on this link.

Ocean Terrace Condos May 2022 Market Report