St Lucie County Single Family Homes October 2020 Market Report

St Lucie County Single Family Homes October 2020 Market Report

The October 2020, St Lucie County Single Family Home market continues to do exceed expectations. Closed and pending sales were both up when compared to last year. Closed sales were up by 24.6% for the month (in September they were up by 20.0%). New sales under contract (new pending sales) increased by 11.8% (they were up by 44.1% last month).

Prices were also up for the month.  The median sales price was up by 9.7% (was up by 8.6% in September).  The average sales price was up by 19.7% (it was up by 10.9% in September).

The number of available home listings decreased by 9 homes to 959 homes.  This inventory is 45.2 % less than last year.  The current supply of homes is only 1.8 months (it was 3.7 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 October 2020 Market 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 October 2020 Market Report

River Forest November 2020 Market Report

River Forest November 2020 Market Report

As of November 2020, there are 2 homes for sale in River Forest in Stuart FL. List prices are $289,900 and $335,900. This is an average list price of $312,900 which equates to $156.52 per sq. ft. of living area.

There are also 2 homes currently under contract and awaiting settlement.  The list prices were $249,000 and $275,000. This is an average list price of $262,000 which equals $209.60 per sq. ft. of living area. These homes were on the market for an average of 29 days before going under contract.

In the past 12 months, 25 homes have sold in River Forest.  Sales prices ranged from $239,000 up to $358,000 for an average sales price of $284,612 which equals $172.17 per sq. ft. of living area.  Sales prices averaged 98% of list price and the average time on the market before going under contract was 60 days.

Click here to view the previous River Forest market reports

About River Forest in Stuart FL:

River Forest in Stuart Florida

Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-built family homes. The community features a clubhouse, pool, playground and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River. River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

River Forest in Stuart Florida

River Forest Home Owners Association

River Forest in Stuart Florida
River Forest Boating in Stuart, Florida
River Forest in Stuart Florida

Search for All River Forest Homes 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.

River Forest November 2020 Market Report

Martin County Townhouses and Condos October 2020 Market Report

Martin County Townhouses and Condos October 2020 Market Report

The Martin County Townhouses and Condos market continues to show strong activity. Closed sales for the month were up by 38.9%.  They were up by 37.5% in September.  New sales under contract (new pending sales) were up by 21.9% from last month.  They were up by 82.4% for September.

Prices were also up for October.  The median sales price increased by 10.8% (was up by 24.6% last month). While the average sales price increased by 12.8% (was up by 21.1% in September).

The inventory of available townhouses and condos decreased by 13 units to 286 properties.  This is a 22.7% smaller inventory than we had in October 2019.  Currently, there’s a 3.0 months supply of inventory (compared to 4.1 months for October 2019).  We remain in a 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 October 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 October 2020 Market Report

Stuart West Palm City November 2020 Market Report

Stuart West Palm City November 2020 Market Report

There are currently no homes for sale in Stuart West

There are 5 homes currently under contract.  List prices ranged from $425,000 up to $819,000. This is an average price of $589,800 which is $185.17 per sq. ft. of living area. These homes averaged 90 days on the market before going under contract.

In the past 12 months, 15 homes have sold in Stuart West.  Sale prices ranged from $490,000 up to $915,000.  This works out to an average sale price of $665,540 which equals a per sq. ft. of living area $209.66.  These homes sold for an average of 97% of list price and averaged 91 days on the market before going under contract.

Click here to view the previous Stuart West market reports

About Stuart West in Palm City Farms FL:

Stuart West in Palm City Farms FL

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City Farms FL

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family-friendly equestrian community.

Stuart West in Palm City Farms FL

Community amenities include a playground, community boat ramp to the C-23 canal, a 10-acre equestrian center, a 24-hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity.  All of this in Martin County’s ‘A’ rated school system.  And the school bus service is provided inside the community.

Stuart West in Palm City Farms FL

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Stuart West in Palm City Farms FL

Home construction started in Stuart West in 1984 and continues to this day.  There are approximately 50 vacant lots yet to be built upon.  Though many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.

Stuart West in Palm City Farms FL

More information about Stuart West can be found on their property owners’ website here.

Stuart West Homes for Sale

Vacant Land for Sale in Stuart West

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.

Stuart West Palm City November 2020 Market Report

Martin County Single Family Homes October 2020 Market Report

Martin County Single Family Homes October 2020 Market Report

The Martin County Single Family Homes Market Report continues to show strong activity. Closed sales were up by 34.0% from last month (were up by 27.9% in September).  While new pending sales increased by 36.9% as compared to last month when they increased by 24.0%.

Prices were also up for October.  The median sales price was up from last year by 9.3% (it was up by 4.9% in September) while the average sales price increased by a whopping 28.2% (it was up by 7.4% last month).

The inventory of available single-family homes decreased from last month by 31 homes to 507 homes for October. This is 43.5% less inventory than last October.  The current supply of homes is only 2.4 months.  For October of last year, it was a 4.6 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 October 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 October 2020 Market Report