Tesoro Club September 2019 Real Estate Market Report

Tesoro Club September 2019 Real Estate Market Report

There are currently 18 homes available to purchase in the Tesoro Club in Port St Lucie FL.  List prices range from $475,000 up to $1,650,000.  This is an average list price of $808,533 or $195.01 per sq. ft. of living area.

There are no homes currently under contract in the Tesoro Club.

In the past 12 months, there have been 13 sales in the Tesoro Club.  Sales prices ranged from a low of $282,500 up to $1,400,000.  This works out to an average sales price of $584,654 which equals $162.32 per sq. ft. pf living area.  These homes sold at an average of 93% of list price and were on the market for an average 146 days prior to going under contract.

About Tesoro in Port St. Lucie FL:

Tesoro real estate in Port St Lucie FL


One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

Tesoro real estate in Port St Lucie FL

The centerpiece of the Tesoro club is a 100,000 plus square foot three-story clubhouse overlooking a 120-acre lake.  This full-service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

Tesoro real estate in Port St Lucie FL

In addition to the world-class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full-time ATP Tennis Director offering lessons, clinics, and a full-service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro real estate in Port St Lucie FL

For those needing more pampering, there’s a full-service spa and salon on-premises.  And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Tesoro real estate in Port St Lucie FL

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedrooms, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter-acre lots.

Tesoro real estate in Port St Lucie FL

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available resale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots, it starts around $580 a month and includes lawn, landscaping, 24 hours monitored security, basic cable TV, management and exterior pest control.

Tesoro Update:  As of early summer 2019 the owner of the Tesoro Golf Club has shut down the golf course and the clubhouse.  Talks are ongoing as of this writing as to whether the club and clubhouse will be sold and re-opened under new ownership

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Tesoro Club September 2019 Real Estate Market Report

Florida Townhouses and Condos July 2019 Market Report

Florida Townhouses and Condos July 2019 Market Report

The Florida Townhouses and Condos Market Report for July 2019 had a positive month with improved activity when compared to last July.  Closed sales were up by 4.3% as compared to last month’s decrease of 9.4% and new sales under contract (new pending sales) increased by 3.3% (In June there was a 1.5% decrease).

Prices were also up for the month of July.  The median sales price was up by 4.4% (was up by 2.6% in June), while the average sales price increased by 4.1% (was down 4.0% in June).

The inventory of active listings increased by 3.4% from July of last year.  We now have 5.5 months of inventory as compared to 5.3 months for July 2018.  Remaining in a 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 July 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 July 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 July 2019 Market Report

Florida Single Family Homes July 2019 Market Report

Florida Single Family Homes July 2019 Market Report

The Florida Single Family Homes Market Report for July 2019 showed improved activity from the same period last year.  The closed sales numbers were up by 10.4% (were down by 1.9% in June) and new sales under contract (new pending sales) were up by 7.4% (were up by 4.9% in June).

Prices were also up for July.  The median sales price rose by 5.1% (it was up by 3.8% in June) and the average sales price was up by 6.3% (it was down by 0.3% last month).

The inventory of available homes for sale decreased by 0.2% from last year.  This is a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (July 2018 also had a 3.9 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 July 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes July 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.

July 2019 Florida Single Family Homes Market Report

Lighthouse Point and Seagate Harbor Market Report September 2019

Lighthouse Point and Seagate Harbor Market Report September 2019

For September 2019, we have 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  Listing prices are from a low of $450,000 to a high of $1,179,000.  This is an average listing price of $715,712 which equals $367.91 per square foot of living area.

There is only 1 home currently under contract.  The list price was $560,000 or $314.61 per square foot of living area.  This home was on the market for 127 days before going under contract.

But, only8 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sales prices ranged from $425,000 up to $780,000.  This works out to an average sales price of $602,363 which equals $298.42 per square foot of living area.  These homes sold at an average of 87 days and at 98% of list price.

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL


A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A-Rated schools!

Lighthouse Point and Seagate Harbor real estate in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deepwater canals. Some select homes come with wide views of the Saint Lucie River. A community boat ramp is also available providing everything a boater would ever want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get-togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high span 60’ +). These canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in a major transformation. Many larger and newer homes are replacing the smaller homes of the previous era.

Lighthouse Point and Seagate Harbor in Palm City FL

Those looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.

Search the Martin County MLSSearch for available homes in Lighthouse Point and Seagate Harbor

Lighthouse Point and Seagate Harbor September 2016 Market Report

Hobe Sound FL 33455 Condo Market Report July 2019

Hobe Sound FL 33455 Condo Market Report July 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2019

For July 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 10 active condo listings. (Down by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

5 Condos are pending and awaiting close. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

3 Condo sold in July. (Up by 2 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Even with these small number of available condos for sale, the activity remains strong.  There is surprisingly strong activity for such a small market segment of Martin County.

The absorption rate for Hobe Sound condos was 3.3 months for July (it was 12 months for June).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The July 2018 numbers were: 5 active listings, 5 pending sales, and 3 closed sales.  Very similar activity when compared to last year for the Hobe Sound July 2019 condo market activity.

Hobe Sound FL 33455 Condo Market Report July 2019

Are you interested in the value of your Hobe Sound FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report July 2019