Egret Pond January 2020 Real Estate Market Report

Egret Pond July 2019 Real Estate Market Report

As of January 2020, there are 2 homes on the market in Egret Pond community of the Martin Downs Country Club of Palm City FL.  These homes are listed for $215,000 and $259,000.  This is an average list price of $237,000 which equals $158.85 per square foot of living area.

There is 1 home currently under contract in Egret Pond. The list price was $234,900 or $162.90 per square foot of living area. This home was on the market for 37 days before going under contract.

In the past 12 months, there have been 7 home sales in Egret Pond. Sales prices ranged from $177,000 up to $240,000.  This works out to an average sales price of $215,571 which equals $135.92 per square foot of living area. These homes were on the market for an average of 39 days before going under contract and sold for 94% of list price.

About Egret Pond in Martin Downs:

Egret Pond in Martin Downs in Palm City FL

The Egret Pond community is a section of the Martin Downs Country Club of Palm City.   It contains 86 homes that were built in 1984 and 1985. These homes range in size from 2 bedrooms, 2 bathrooms and 1 car garage homes with just over 1,300 sq. ft. of living area up to 3 bedrooms, 2 bathrooms and 1 car garage with a little over 1,700 sq. ft. of livable space under AC.

These are all concrete block construction homes with flat cement tile roofs. The HOA fees are $240 per month which includes landscaping and lawn maintenance, basic cable TV, a reserve fund for the common areas, exterior painting and security. Martin Downs is a guard gated community with roving security patrols as needed.

All ages and pets are welcome in Egret Pond. Children are currently zoned to attend the Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

Egret Pond in Martin Downs

Also, very conveniently located close to Florida’s Turnpike for those looking to travel to parts north or south. Egret Pond 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 in Palm City FL

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

View previous Egret Pond market reports in Martin Downs

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 July 2019 Real Estate Market Report

Martin County Townhouses and Condos December 2019 Market Report

Martin County Townhouses and Condos December 2019 Market Report

The Martin County Townhouses and Condos December Market Report had slightly better sales activity when compared to last year.  Closed sales for the month were up by 6.0%.  And, they were down by 7.5% in November.  New sales under contract (new pending sales) were unchanged from December 2018.  They increased by 16.1% in November.

Prices, though, continued to rise for December.  The median sales price increased by 9.7% (was up by 12.5% in November). While the average sales price increased by 10.8% (was up by 3.9% in November).

The inventory of available townhouses and condos increased by 9 units to 382 properties.  This is an 8.8% larger inventory then we had in December 2018.  Currently, there’s a 4.2 months supply of inventory (compared to 3.5 months for December 2018).  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 December 2019 Market Report

Search for previous Martin County townhouses and condos 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 Townhouses and Condos December 2019 Market Report

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Rio Vista in Sewalls Point January 2020 Market Report

Rio Vista in Sewalls Point January 2019 Market Report

As of January 2020, there are no Rio Vista homes for sale in Sewalls Point.

There are also no Rio Vista homes under contract.

In the past 12 months, 4 Rio Vista homes have sold. Sales prices ranged from $400,000 up to $1,050,000. This works out to an average sales price of $673,750 which equals $280.15 per square foot of living area. These homes averaged 159 days on market before going under contract and sold for 94% of list price.

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point

Homes for sale in Sewalls Point:

The Rio Vista subdivision of South Sewalls Point spans the mid-portion of the South Sewalls Point peninsula from the Indian to the Saint Lucie River. Starting out at a low elevation on the east up to the higher bluffs of the Saint Lucie River with waterfront homes on both sides and non-waterfront homes in between. Rio Vista includes those 106 homes and lots that are located on Rio Vista Dr, Lantana Lane, S. Sewalls Point Rd, and S River Rd.

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.

The Rio Vista subdivision is a subdivision in the town of Sewalls Point. There are no specific amenities or fees that are unique to this portion of Sewalls Point. The Rio Vista portion of Sewalls Point is a very desirable area in Martin County and remains in great demand for its location, amenities and lifestyle possibilities.

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

Click this link to view previous Rio Vista market reports

View all Sewalls Point homes for Sale

Recent market Reports:

Rio Vista in Sewalls Point January 2019 Market Report

Martin County Single Family Homes December 2019 Market Report

Martin County Single Family Homes December 2019 Market Report

The Martin County Single Family Homes December 2019 Market Report had a second consecutive strong month of sales activity when compared to last year.  Closed sales were up by 18.3% from last month (were up by 27.0% in November).  While new pending sales decreased by 7.0% as compared to December 2018 (they increased by 10.7% in November).

Prices were down for December (2’nd month in a row.)  The median sales price was down by 4.3% from last year (it was down by 6.6% in November) while the average sales price decreased by 0.8% (it was down by 0.7% last month).

The inventory of available single-family homes increased from last month by 38 homes to 902 units for December, this is 4.8% less inventory than last December.  The current supply of homes is 4.5 months.  For December 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 December 2019 Market 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.

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Pine Ridge Condos in Palm City January 2020 Market Report

Pine Ridge Condos in Palm City January 2020 Market Report

There are 5 condos for sale in Pine Ridge at Martin Downs in Palm City FL in January 2020.  List prices range from $143,900 up to $162,500. This is an average list price of $151,040 or $128.83 per sq. ft. of living area.

There aren’t any condos currently under contract in Pine Ridge.

In the past 12 months, 15 condos have sold in Pine Ridge. Sales prices ranged from a low of $110,000 up to a high of $165,000.  This works out to average sales price of $139,293 which equals $113.56 per sq. ft. of living area. So, these condos sold for an average of 96% of list price and were on the market for an average of 29 days before going under contract.

About the Pine Ridge Condos at Martin Downs:

Pine Ridge Condos in Palm City

The Pine Ridge Condo community in Martin Downs is a wonderful gated complex in Palm City FL. Entrance is through the gates at Matheson Ave on the south side of Martin Downs Blvd, just south of the Monarch Golf Club. This is a great location close to Florida’s Turnpike as well as shopping and just a short ride to downtown Stuart and the waterways as well as golf courses that Martin County offers.

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.

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.

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

View previous Pine Ridge condo market reports by clicking this link

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 2020 Market Report