Twin Lakes Real Estate Market Report October 2022

Twin Lakes Real Estate Market Report October 2022

There are 3 condos currently available to purchase in the Twin Lakes community of Stuart FL. The list prices range from $235,000 up to $255,000. This is an average list price of $243,300 which equals $217.95 per sq. ft. of living area.

There are no Twin Lakes condos under contract.

In the past 12 months, 18 Twin Lakes condos have sold.  Sales prices ranged from $139,000 up to $245,000. This equals an average sales price of $202,111 which works out to $185.75 per sq. ft. of living area.  These condos averaged 28 days on the market before going under contract and sold for an average of 100% of the list price.

Click here to view the previous Twin Lakes market report!

About the Twin Lakes Condo Community:

Twin Lakes condos in Stuart Florida
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Twin Lakes condos for sale:

The Twin Lakes Condos of Stuart FL is located at 6531 SE Federal Highway in South Stuart, just north of the edge of Hobe Sound.  There are just over 280 units in Twin Lakes.  These condos were built in 1973 through 1979 with the last phase completed in 1989.  All condos are 2 bedroom two bathroom units in two-story buildings—interior square footage range from 977 up to 1,182.

Twin Lakes condos in Stuart Florida

One portion of this community is a 55 and over section while the other is open to all ages.  Both phases will accept one small pet.  There is a community pool, clubhouse, tennis courts, shuffleboard courts, and a pleasant area for those wishing to hike around the lakes.

Recent Twin Lakes sales:

The current Condo Association fees are $306 a month (as of April 2018) and these fees cover Building Insurance, Cable, Common Areas, Lawn Care, Maintenance Exterior, Manager, Master Antenna/TV, Pest Control, Pool Service, Reserve Funds and Trash Removal.

Children in the all-ages section of twin Lakes attend Port Salerno Elementary School, Murray Middle School, and South Fork High School.

There is ample reserved and guest parking and commercial vehicles, trucks and RV’s are not permitted.  Rentals are OK with some restrictions.

Click here to view the available Twin Lakes condos listed in the Martin County MLS system

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.

Twin Lakes Real Estate Market Report October 2022

Gabe’s October 2022 House Calls Real Estate Newsletter

Gabe’s October 2022 House Calls Real Estate Newsletter

Please click on the image below or the download link button to view the full version of our October 2022 House Calls real estate newsletter.

Gabe's October 2022 House Calls Real Estate Newsletter

You can see all the past issues here:
House Calls Archive

Click Here to View Previous House Calls Newsletter Posts

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.

Recent House Calls Newsletters:

Gabe’s October 2022 House Calls Real Estate Newsletter

Bay Tree Real Estate Market Report September 2022

Bay Tree Real Estate Market Report September 2022

For September 2022, there is 1 home for sale in Bay Tree on Hutchinson Island in Jensen Beach.  The list price is $850,000 which equals $359.10 per sq. ft. of living area.

There are no Bay Tree homes that are currently under contract.

In the past 12 months, there have been 3 Bay Tree home sales. Sales prices ranged from $550,000 up to $1,300,000. This equals an average sales price of $809,667 which works out to $355.10 per sq. ft. of living area. These homes averaged 6 days on the market before going under contract. And, they sold for an average of 101% of the list price.

Click here to view the previous Bay Tree market report!

About Bay Tree on Hutchinson Island in Jensen Beach FL:

Bay Tree on Hutchinson Island
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Bay Tree homes for sale:

Bay Tree is located directly across the street from the beautiful beaches of the Atlantic Ocean.   This is a wonderful gated community that is made up of 32 homes on Hutchinson Island in Jensen Beach. Bay Tree is in a serene area of Jensen Beach but is still close to shopping, restaurants, boating and the downtown areas of both Jensen Beach and Stuart.

Recent sales in Bay Tree:

Homes in Bay Tree were built from 1992 to 2002 and consist of 2 bedroom, 2 bathroom homes of just over 1,500 sq. ft. of living area up to a spacious 4 bedroom, 4 bathroom home with just under 4,000 sq. ft. of space under AC.  This community has access to the beach at Waveland Beach Park directly across the street.  And is now also equipped with a good-sized day dock where boaters and fishermen can stop to pick up guests and supplies for the day.

The Bay Tree community is only just over 1.5 miles from the Jensen Beach Causeway and residents have easy and convenient access to downtown Jensen Beach with its restaurants and shopping.  And, is only 5 miles to the Stuart Causeway for additional shopping, entertainment, and dining options.

 This community allows rentals and is a pet-friendly community with large dogs permitted.

For those wishing to explore a little further away, Orlando is only 2 hours away; while West Palm Beach is only a45 minute drive.

Bay Tree on Hutchinson Island

Search Here for Bay Tree Homes for Sale

Recent market reports:

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.

Bay Tree Real Estate Market Report September 2022

St Lucie County Townhouses and Condos August 2022 Market Report

St Lucie County Townhouses and Condos August 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 28.3% from last year (were down by 34.1% in July). New pending sales were down by 28.1% for July (they were down by 14.2% last month).

Prices are still rising. The median price increased by 27.9% from last year (was up by 20.4% in July) and the average sales price increased by 22.3% (was up by 11.0% in July).

The inventory of available townhouses and condos decreased by 4 units from last month to 228 residences. This is 31.0% greater inventory than we had in August 2021. The current inventory supply is 2.1 months, as compared to 1.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2022 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 Townhouses and Condos August 2022 Market Report

Tesoro Real Estate Market Report September 2022

Tesoro Real Estate Market Report September 2022

For September 2022 there are 9 homes available to purchase in the Tesoro in Port St Lucie FL.  The list prices range from $620,028 up to $1,850,000. This is an average list price of $1,000,137 or $327.27 per sq. ft. of living area.

One Tesoro home is currently under contract. The list price was $599,900 which is $267.10 per sq. ft. of living area. This home was on the market for 8 days before going under contract.

In the past 12 months, there have been 10 Tesoro home sales.  Sales prices ranged from a low of $599,000 up to $1,087,500.  This works out to an average sales price of $871,640 which equals $264.15 per sq. ft. of living area.  These homes sold at an average of 98% of the list price. And, they were on the market for an average of 37 days prior to going under contract.

Click here to view the previous Tesoro market report!

About Tesoro in Port St. Lucie FL:

Tesoro
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Tesoro homes for sale:

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 homes in Port St Lucie Florida
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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.

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 homes in Port St Lucie Florida
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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.

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.

Recently sold in Tesoro:

Additional Tesoro Information: 

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

Recent market reports:

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.

Tesoro Real Estate Market Report September 2022