Spinnaker Point Real Estate Market Report February 2024

02.27.24 by

Spinnaker Point Real Estate Market Report February 2024

As of February 2024, there are 2 homes available for sale in Spinnaker Point on Hutchinson Island. The list prices are $1,649,000 and $4,875,000. This is an average list price of $3,262,000 which is $782.84 per sq. ft. of living area.

There are also no homes currently under contract.

In the past 12 months, 1 Spinnaker Point home has sold. The sales price was $2,162,090 or $703.81 per sq. ft. of living space. This home was on the market for 6 days before going under contract. And, it sold for 90% of the last list price.

Click here to view the previous Spinnaker Point market report!

About Spinnaker Point on Hutchinson Island:

Spinnaker Point on Hutchinson Island in Stuart Florida
Google Earth image

Spinnaker Point on Hutchinson Island is easy to miss when driving by on Highway A-1-A in Stuart FL.  But, it is one of the gems for those who want both river and ocean access.  This gated community has 12 homes west of the road and 2 lots that have yet to be built upon on the ocean side.

Spinnaker Point on Hutchinson Island in Stuart Florida
Google Earth image

Four of these homes enjoy being on the Intracoastal Waterway (also known as the Indian River) and have deeded docks with ocean access (no fixed low bridges) through the Saint Lucie Inlet just a little under 5 miles south. The remaining 8 homes have access to the community pier and a few have deeded docks as well.

All the homes are built in the Key West style and were built between 1991 and 2001.  Home sizes range from a 3 bedroom, 2 bathroom home with a 2 car garage up to a 5 bedroom, 6 bathroom home with a 2 and ½ car garage.  There is deeded access to the ocean with a boardwalk leading over the dunes.  All ages and pets are permitted in Spinnaker Point. 

School-age children attend the Felix A Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Located approximately halfway between the Stuart and Jensen Beach causeways, it is easy to enjoy the restaurants, shopping, and amenities both areas offer.

Spinnaker Point on Hutchinson Island in Stuart Florida
Google Earth image

Spinnaker Point homes do not come on the market often, so click on the following link to see if any are currently available:

Homes for Sale in Spinnaker Point on Hutchinson Island

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Stuart FL Real Estate is presented by:
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Spinnaker Point Real Estate Market Report February 2024

Martin County Single Family Homes January 2024 Market Report

02.26.24 by

Martin County Single Family Homes January 2024 Market Report

The Martin County Single Family Homes Market Report showed slower sales activity from last year. We continue to face some economic uncertainties, though mortgage rates appear to have peaked and have started to decline. Closed sales were down by 5.3% from last year (they were down by 2.3% in December). At the same time, new pending sales increased by 9.0% compared to last year (which decreased by 4.9% last month).

Prices were mixed for January as compared to last year.  The median sales price decreased from last year by 0.7% (up by 1.8% in December) while the average sales price increased by 56.2% (up by 5.4% last month).

The inventory of available single-family homes increased by 46 homes to 636. This is a 20.0% greater inventory than last January.  The current supply of homes is 3.9 months.  For January of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Single Family Homes January 2024 Market Report
Click here to download the full 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.

Martin County Single Family Homes January 2024 Market Report

Cabana Point Real Estate Market Report February 2024

02.26.24 by

Cabana Point Real Estate Market Report February 2024

Here is the February 2024 real estate market report for the Cabana Point community in Stuart FL.

There are no homes for sale in the Cabana Point community of Stuart Florida.

There are also no Cabana Point homes currently under contract.

In the past 12 months, there has been 1 Cabana Point sale. The sales price was $420,000 which is $480.55 per sq. ft. of living area. This home was on the market for 90 days before going under contract. And, it sold for 89% of the final list price.

Click here to view the previous Cabana Point market report!

About Cabana Point in Stuart Florida:

A Stuart FL waterfront community.

Cabana Point in Stuart Florida
Google Earth image

Cabana Point is an older Stuart community located between the South Fork of the Saint Lucie River and Kanner Hwy.  This community had its first home built in 1958 and the most recent one was built in 2007.  This small community has 40 homes (all but one are single-family homes) and two remaining vacant lots (neither for sale at the time this is being written).   28 of these home sites are waterfront with access to the ocean or to Lake Okeechobee from a canal or the banks of the Saint Lucie River.  The remaining non-waterfront homes have access through a community boat ramp.

Cabana Point in Stuart Florida
Google Earth image

This is a non-HOA community with no fees. You should be aware that this is an older community with many of the homes back from the age of smaller CBS-style cabana homes. Though, as time passes, many of these homes are being torn down and replaced with spacious 2 story modern waterfront homes that are in high demand. Current home sizes range from the largest one which is a 2 story 3,100 sq. ft. (under air), 9 bedrooms, 6 bathrooms estate down to a 2 bedroom, 2 bath home with just over 1,000 sq. ft. of living area.

Cabana Point in Stuart Florida
Google Earth image

For those looking for future appreciation, this community is an excellent investment potential.

Cabana Point in Stuart FL

Check here to see if any Cabana Point homes are available for sale

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Cabana Point Real Estate Market Report February 2024

Watersong Oceanfront Market Report February 2024

02.25.24 by

Watersong Oceanfront Market Report February 2024

The February 2024 real estate market report for the Watersong Oceanfront community on South Hutchinson Island.

Vacant Lots:

There are 7 vacant lots available to purchase in Watersong. List prices range from $309,000 to $1,150,000, with an average list price of $665,571.

There are 3 Watersong lots currently under contract. The list prices ranged from $355,000 up to $1,200,000. This works out to an average list price of $867,500. These lots were on the market for an average of 161 days before going under contract.

In the past 12 months, there have been 4 Watersong lot sales.  The sales prices ranged from $285,000 up to $801,000.  The average sales price was $431,500.  These lots were on the market for an average of 106 days before going under contract. And, they sold for an average of 94% of the last list price.

Homes:

There are 4 Watersong homes for sale. List prices range from $1,899,998 up to $4,250,000. This is an average list price of $2,986,250 which is $744.75 per sq. ft. of living area. 

There is 1 Watersong home currently under contract. The list price was $3,495,000 or $825.46 per sq. ft. of living space. This home was on the market for 338 days before going under contract.

In the past 12 months, 3 Watersong homes have sold.  The sales prices ranged from $2,950,000 up to $5,000,000. This equals an average sales price of $3,691,667 which works out to $868.34 per sq. ft. of living area.   These homes were on the market for an average of 178 days before going under contract. And, they sold for an average of 98% of the last list price.

View the previous Watersong real estate market report!

About the Watersong Oceanfront Community on Hutchinson Island

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

The Watersong community on Hutchinson Island in Fort Pierce lies approximately six miles north of the Fort Pierce Inlet and 14 miles south of the Jensen Beach Causeway.  This is a gated oceanfront community that has 92 lots in two rows with the front row being direct oceanfront.  There’s an existing community pool.

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

 Currently (August 2018) the $250.00 a month HOA fee covers the common areas, reserve funds, management fees, and landscaping.  There is also a one-time $6,000 capital contribution for beach renourishment and or replacement that is collected by the Property Owners Association.

Existing homes are all two to three stories and range in size from just under 6,000 sq. ft. of living area with 5 bedrooms and 7 bathrooms down to 3,000 sq. ft. homes with 3 bedrooms and 3 bathrooms.

There are some excellent opportunities for those wishing to be on the ocean currently available in Watersong.

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

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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.

Watersong Oceanfront Market Report February 2024

Heritage Ridge Real Estate Market Report February 2024

02.24.24 by

Heritage Ridge Real Estate Market Report February 2024

As of February 2024, there are 24 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $239,000 up to $649,000.  This is an average list price of $329,123 which equals $231.08 per sq. ft. of living area.

There are 12 Heritage Ridge homes currently under contract.  These homes were on the market with list prices from $185,000 up to $775,000.  This works out to an average list price of $373,941 or $231.48 per sq. ft. of living area.  These properties averaged 55 days on the market before going under contract.

In the past 12 months, there have been 86 Heritage Ridge sales.  Sales prices ranged from $80,000 up to $707,000.  This equals an average sales price of $299,246 which works out to $213.08 per sq. ft. of living area.  These homes were on the market for an average of 49 days before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Heritage Ridge market report!

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound Florida
Google Earth image

The Heritage Ridge community of Hobe Sound encompasses several associations and styles of homes.  From mobile and manufactured homes to villas, townhouses, condos, and single-family homes.  The different sections of Heritage Ridge are all anchored by the Heritage Ridge Golf Club.  This is a non-equity course that is open to the public.

Heritage Ridge in Hobe Sound Florida
Google Earth image

The various areas of Heritage Ridge are all controlled by their individual homeowners’ associations and many also pay a fee to the master Heritage Ridge Association.  This wonderful community is located in northern Hobe Sound with quick access to either the beach at Jupiter Island (in Hobe Sound) or to the downtown area of Stuart as well as the amenities in both the Martin County and Jupiter areas of the Treasure Coast.

Some of the sections of Heritage Ridge include Amherst, Brandywine, Bunker Hill, Cambridge, Franklin Wood, Georgetown, Jamestown, Jefferson Corners, Tory Pines, Williamsburg, and Yorktown.

Heritage Ridge in Hobe Sound

HOA fees vary widely in Heritage Ridge depending on the type of home and subdivision within this community.  The HOA fees run from $78.00 a month in the mobile home and single-family home sections up to $350.00 a month for the condo areas and in between for some of the other communities.

Heritage Ridge in Hobe Sound

Click here to search for available homes in Heritage Ridge

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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.

Heritage Ridge Real Estate Market Report February 2024

Florida Townhouses and Condos January 2024 Market Report

02.23.24 by

Florida Townhouses and Condos January 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 1.2% compared to last month’s decrease of 6.2%.  New sales under contract (new pending sales) decreased by 8.5% (In December, there was a 5.5% decrease).

Prices were up for January compared to last year. The median sales price was up by 3.2% for January (was up by 6.5% in December). And the average sales price increased by 3.0% (was up by 10.4% in December).

The inventory of active listings increased by 62.9% from January last year.  This results in a 5.8 months supply of inventory as compared to 3.1 months for January 2023.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos January 2024 Market Report
Florida Townhouses and Condos January 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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 January 2024 Market Report

Holly Creek Real Estate Market Report February 2024

02.23.24 by

Holly Creek Real Estate Market Report February 2024

For February 2024, there are 5 homes for sale in Holly Creek in Jensen Beach FL.  The list prices ranged from $349,000 to $524,000. This is an average list price of $422,380 which equals $245.16 per sq. ft. of living area.

There is 1 Holly Creek home currently under contract. The list price was $299,000 or $ 194.41 per sq. ft. of living space. This home was on the market for 86 days before going under contract.

In the past 12 months, 12 Holly Creek homes and townhomes have sold. Sales prices ranged from $265,000 up to $504,000. This works out to an average sale price of $345,575 which is $231.34 per sq. ft. of living area. These homes averaged 58 days on the market before going under contract. And, they sold for an average of 96% of the listed price.

Click here to view the previous Holly Creek market report!

About Holly Creek in Jensen Beach FL:

Holly Creek in Jensen Beach FL
Google Earth image

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping. And, just a short bike ride from schools, restaurants, parks, and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse with party and banquet facilities available for residents.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek in Jensen Beach FL
Google Earth image

Holly Creek features 2-bedroom townhomes, 3-bedroom villas, and 3-bedroom chalet homes with a single-car garage and additional parking. A limited number of estate homes in the rear of Holly Creek have 2-car garages, larger floor plans, and individual designs.

Holly Creek in Jensen Beach FL

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Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

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.

Holly Creek Real Estate Market Report February 2024

Florida Single Family Homes January 2024 Market Report

02.22.24 by

Florida Single Family Homes January 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 0.6% (were down by 3.8% in December). New sales under contract (new pending sales) were down by 2.9% (were down by 3.3% in December).

Prices increased for January when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was also up by 3.8% in December). And, the average sales price was up by 9.7% (it was up by 7.2% last month).

The inventory of available homes for sale increased by 24.8% from last year.  This represents a 3.8 months supply of inventory (January 2023 had a 2.8 months supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Please click on the image or link below to download the full Florida single-family real estate market report.

Previous Florida real estate market report posts.

Florida Single Family Homes January 2024 Market Report
Download/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 January 2024 Market Report

 

Loblolly Real Estate Market Report February 2024

02.20.24 by

Loblolly Real Estate Market Report February 2024

For February 2024, in the Loblolly golf and marina community of Hobe Sound FL, there are 3 homes for sale. The list prices range from $1,750,000 up to $2,750,000. This is an average list price of $2,263,333 which works out to $541.87 per sq. ft. of living area.

There is 1 Loblolly home under contract at this time. The list price was $1,600,000 or $625.98 per sq. ft. of living area. This home was on the market for 176 days before going under contract.

In the past 12 months, there have been 6 Loblolly Bay home sales. Sales prices ranged from $1,150,000 up to $4,050,000. This works out to an average sales price of $2,651,667 which equals $541.91 per sq. ft. of living area. These homes sold for an average of 94% of the list price. And, they were on the market for an average of 119 days before going under contract.

Click here to view the previous Loblolly market report!

About Loblolly Homes and Condos in Hobe Sound FL:

Loblolly Bay real estate in Hobe Sound FL

Loblolly in Hobe Sound is a private community and club with a deep water ocean access marina and a professionally Dye-designed golf course.   In addition to the golf course and the marina, Loblolly offers lovely amenities for its 275 members, including a state-of-the-art tennis facility, fitness center, two heated pools, playgrounds, basketball, and croquet courts as well as a full-service clubhouse.

Loblolly Bay real estate in Hobe Sound FL
Google Earth Image

Homes in Loblolly range in price from the mid $500,000’s up to multi-million dollar estates.  In addition, condominiums, villas, and cottages are available along with a limited number of vacant lots.

Loblolly HOA fees run from $411.00 per month (as of June 2020) with additional charges for the Golf Course membership and equity.  For the Loblolly condos, there are additional condo fees of $1,335.00 a month.

Loblolly Homes and Condos in Hobe Sound Florida
Google Earth Image

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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.

Loblolly Real Estate Market Report February 2024

Mariner Sands Real Estate Market Report February 2024

02.14.24 by

Mariner Sands Real Estate Market Report February 2024

For February 2024, there are 12 homes for sale in the Mariner Sands community of Stuart FL, and adjacent to Hobe Sound FL. The list prices range from $230,000 up to $1,295,000. This is an average list price of $777,167 or $281.05 per sq. ft. of living area.

There are 4 Mariner Sands homes under contract at this time. The list prices ranged from $240,000 up to $1,800,000. This works out to an average list price of $831,750 which equals $284.64 per sq. ft. of living area. These homes were on the market for an average of 11 days before going under contract.

In the past 12 months, 33 Mariner Sands homes have sold.  Sales prices ranged from $250,000 up to $1,580,000.  This equals an average sales price of $752,742 which is $266.91 per sq. ft. of living area.  These homes averaged 55 days on the market before going under contract. And, they sold for an average of 94% of the list price.

Click here to view the previous Mariner Sands market report!

About the Mariner Sands Golf & Country Club:

Mariner Sands
Image courtesy of Google Earth

One of our premier golf course communities is located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Mariner Sands in Stuart Florida
Google Earth image

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and a pro shop.  Yearly clinics, as well as tournaments, keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

There’s also The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups, and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

More Mariner Sands info:

For pet lovers, Mariner Sands boasts its own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has its own chapel. It has multi-denominational worship services and is host to art classes, a library, and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Mariner Sands in Stuart Florida
Google Earth image

Monthly HOA fees vary greatly depending on the home’s location and type of ownership (condos).  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  There’s a one-time non-refundable capital contribution of $20,000 for anyone purchasing a Mariner Sands residence.

entrance to Mariner Sands Golf Club

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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.

Mariner Sands Real Estate Market Report February 2024

VilaBella Real Estate Market Report February 2024

02.13.24 by

VilaBella Real Estate Market Report February 2024


For February 2024, no townhome condos are for sale in the VilaBella community of Stuart, FL.

There are also no Vilabella homes currently under contract.

In the past 12 months, 16 VilaBella townhomes have sold. Sales prices ranged from $230,000 up to $363,000. This works out to an average sales price of $295,181 which equals $208.22 per sq. ft. of living area.  These homes sold for an average of 90% of the list price. And, they were on the market for an average of 137 days before going under contract.

Click here to view the previous VilaBella market report!

About Vilabella in Stuart FL:

Vilabella in Stuart FL

Vilabella townhomes are very conveniently located off SE Central Parkway with easy access to Kanner Highway as well as US-1.  Very easy access to shopping, restaurants, and downtown Stuart.  Also, it is an excellent location for those wishing to access I-95 and commute to points both North and South.

Vilabella townhomes in Stuart FL
Google Earth image

 Officially known as Vilabella Central Park Condos in Stuart FL this community is made up of 112 attached townhome-style condos that were built in 2006.  These homes range in size from 3 Bedroom, 3 Bath (two-level) units with 1,607 sq. ft. of living area down to 2 Bedroom, 2 Bath townhomes with 1,072 sq. ft. of living area.  All Vilabella townhomes come with a single-car garage.  There is also a community pool for the residents’ enjoyment.

Vilabella townhomes in Stuart FL

2 large pets are permitted.  The HOA fees cover insurance and exterior maintenance as well as common area fees, management, cable TV, pest control, recreational facilities, etc.

Vilabella in Stuart FL

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VilaBella Real Estate Market Report February 2024

Mariner Village Real Estate Market Report February 2024

02.12.24 by

Mariner Village Real Estate Market Report February 2024

For February 2024, the Mariner Village real estate market report shows 4 homes for sale in this south Stuart FL gated community. The list prices range from $500,000 up to $595,500. This is an average list price of $558,600 or $316.99 per sq. ft. of living area.

There is 1 Mariner Village home under contract at this time. The list price was $560,000 which is $309.91 per sq. ft. of living space. This home was on the market for 90 days before going under contract.

In the past 12 months, 23 Mariner Village homes have sold.  Sales prices ranged from a low of $450,000 to a high of $619,900.  This works out to an average sales price of $514,443 which equals $264.02 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price. And, they averaged 57 days on the market before going under contract.

Click here to view the previous Mariner Village market report!

About Mariner Village:

Mariner Village in Stuart Florida
Google Earth image

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2-bedroom, 2-bath homes with around 1,600 sq. ft. of living area up to 5-bedroom, 4-bathroom homes with just under 3,000 sq. ft. of living area.

Mariner Village in Stuart Florida
Google Earth image

Many homes have private preserve views and there are some homes with lake views.  All Mariner Village homes have 2-car garages and some have private in-ground swimming pools.

Community amenities include a heated pool, 2 tennis courts, and 2 basketball courts as well as a nature trail through the preserves.

Low monthly HOA fees include front lawn maintenance, basic Cable TV, trash pickup, and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

Mariner Village in Stuart Florida
Google Earth image

Mariner Village is conveniently located close to shopping, restaurants, beaches, and medical facilities and belongs to Martin County’s ‘A’ rated school system

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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.

Mariner Village Real Estate Market Report February 2024

Indian Pines Real Estate Market Report February 2024

02.11.24 by

Indian Pines Real Estate Market Report February 2024

For February 2024, 4 condos are available for purchase in Indian Pines in Stuart FL. The list prices range from $229,900 up to $325,000. This is an average list price of $261,950 which is $217.18 per square foot of living area.

There is 1 Indian Pines condo currently under contract. The list price was $215,000 or $207.93 per square foot of living space. This condo was on the market for 51 days before going under contract.

In the past 12 months, 13 Indian Pines condos have sold.  Sales prices ranged from a low of $155,000 up to a high of $282,000. This is an average sales price of $226,031 which works out to $211.22 per square foot of living area.  These condos averaged 58 days on the market prior to going under contract. And, they sold for an average of 96% of the list price.

Click here to view the previous Indian Pines market report!

About Indian Pines Condos in Stuart FL:

Indian Pines Condos in Stuart FL
Google Earth image

Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex water views.

Indian Pines Condos in Stuart FL
Google Earth image

Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2-bedroom, 2-bathroom condos, though there are a few 3-bedroom and 1-bedroom units as well.  The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

The condo association fees vary as different buildings have different reserve setups and management and cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup, and reserve funds.

Indian Pines Condos in Stuart FL

All ages are welcome.  Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner.  Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, Dr. David L. Anderson Middle School, and Martin County High School.

Indian Pines Condos in Stuart FL

Indian Pines is very conveniently located close to shopping, restaurants, and medical facilities.  Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

Indian Pines Condos in Stuart FL

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Indian Pines Real Estate Market Report February 2024

Highlands Reserve Real Estate Market Report February 2024

02.10.24 by

Highlands Reserve Real Estate Market Report February 2024

There are currently 2 homes available for sale in Highlands Reserve in Palm City, Florida. The list prices are $579,000 and $885,000. This is an average list price of $732,000 or $267.52 per square foot of living area.

There are also 2 Highlands Reserve homes under contract at this time. The list prices were $580,000 and $1,085,000. This works out to an average list price of $832,500 which is $269.93 per square foot of living area. These homes were on the market for an average of 12 days before going under contract.

In the past 12 months, 13 Highlands Reserve homes have sold. Sales prices ranged from $560,000 up to $1,215,000. This is an average sales price of $763,846 which equals $254.81 per square foot of living area.  These homes averaged 22 days on the market prior to going under contract. And, they sold for an average of 97% of the last list price.

Click here to view the previous Highlands Reserve market report!

About Highlands Reserve in Palm City FL:

Highlands Reserve in Palm City FL
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 Highlands Reserve is one of the newest upscale communities in this section of Martin County. Enter the magnificent gates and surround yourself with the well-appointed amenities of the clubhouse and the natural beauty of this community. Included are paths into winding nature trails that offer dramatic views of surrounding natural preserves and serene lakes.

Highlands Reserve in Palm City FL
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Located only seconds from I-95 and within minutes of shopping, beaches, and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Low HOA fees include landscaping and irrigation as well as the security gate, and use of the full-service clubhouse with a large pool and state-of-the-art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve real estate in Palm City FL
Highlands Reserve clubhouse in Palm City FL

Highlands Reserve is a D.R. Horton community and new construction homes are still available.  There are usually some excellent offers available through Realtors.  Call us today for our new construction special rebate program.

Highlands Reserve real estate in Palm City FL
Highlands Reserve Community Pool

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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.

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Highlands Reserve Real Estate Market Report February 2024

Inlet Village Real Estate Market Report February 2024

02.09.24 by

Inlet Village Real Estate Market Report February 2024

There are 2 condos for sale in the Inlet Village condo community of Indian River Plantation on Hutchinson Island in Stuart FL for February 2024. The list prices are $379,000 and $598,000. This works out to an average list price of $488,500 or $456.75 per sq. ft. of living area.

There are no Inlet Village condos currently under contract.

In the past 12 months, 5 Inlet Village condos have sold.  Sales prices ranged from $320,000 up to $611,750.  This is an average sales price of $465,850 which equals $424.93 per sq. ft. of living area.  These condos sold for an average of 97% of the list price. And, they were on the market for an average of 35 days before going under contract.

Click here to view the previous Inlet Village market report!

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village Condos on Hutchinson Island in Stuart FL
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Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with sweeping views of lakes and the Indian River Plantation golf course.

Inlet Village Condos on Hutchinson Island in Stuart FL
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Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach, there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have an enjoyable lunch.

Inlet Village is one of the few pet-friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees are $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Inlet Village Condos on Hutchinson Island in Stuart FL
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Search for Inlet Village Condos for Sale

Search for Inlet Village condos for sale

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

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.

Inlet Village Real Estate Market Report February 2024

Gull Harbor Real Estate Market Report February 2024

02.08.24 by

Gull Harbor Real Estate Market Report February 2024

In the Gull Harbor community of Palm City FL for February 2024, there are no homes for sale.

There are also no Gull Harbor homes currently under contract.

In the past 12 months, there have been 2 Gull Harbor home sales.  The sales prices were $1,100,000 and $1,475,000. This works out to an average sales price of $1,287,500 which equals $528.12 per sq. ft. of living area.  These homes sold for an average of 89% of the list price. And, they were on the market for an average of 113 days before going under contract.

Click here to view the previous Gull Harbor market report!

About Gull Harbor Real Estate in Palm City FL

Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor in Palm City FL
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The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Children attend Bessey Creek Elementary, Hidden Oak Middle, and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor in Palm City FL
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Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL, or Florida’s Turnpike for commuters and with many choices for shopping, entertainment, and other amenities close by.

Gull Harbor real estate in Palm City FL

Click on this link to search for available Gull Harbor Homes for Sale

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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.

Gull Harbor Real Estate Market Report February 2024

Four Winds on the River Real Estate Market Report February 2024

02.07.24 by

Four Winds on the River Real Estate Market Report February 2024

For February 2024, there are 2 condos currently available for sale in Four Winds on the River in Stuart FL. The list prices are $330,000 and $390,000. This is an average list price of $360,000 which is $301.39 per sq. ft. of living area.

There are no Four Winds condos currently under contract and awaiting sale.

In the past 12 months, 3 Four Winds on the River condo have sold.  The sales prices ranged from $360,000 up to $430,000. This is an average sales price of $383,333 or $282.77 per sq. ft. of living area.  These sales averaged 92% of the last list price. And, they were on the market for an average of 33 days before going under contract.

Click here to view the previous Four Winds on the River market report!

About Four Winds on the River in Stuart FL:

Four Winds on the River in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There have been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one-bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River in Stuart FL
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There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with a kitchen and ample common areas for events, get-togethers, or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

The location is exceptional as it is only minutes from the beaches, shopping, medical facilities, and downtown Stuart.

Four Winds on the River in Stuart FL

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Stuart FL Real Estate is presented by:
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Four Winds on the River Real Estate Market Report February 2024

St Lucie County Townhouses and Condos December 2023 Market Report

02.06.24 by

St Lucie County Townhouses and Condos December 2023 Market Report

The St Lucie County Townhouses and Condos market showed slightly weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked and have begun to decrease. Closed sales were down by 3.1% from last year (were down by 1.4% in November). New pending sales were down by 42.9% (they were up by 68.6% last month).

Prices were up for December. The median price increased by 6.7% from last year (was up by 1.6% in November) and the average sales price increased by 10.3% (was up by 15.1% % in November).

The available townhouses and condos inventory increased by 31 units from last month to 556 residences. This is a 91.1% greater inventory than we had in December 2022. The current inventory supply is 6.4 months, as compared to 3.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues as a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos December 2023 Market Report
Click to download the full 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 December 2023 Market Report

St Lucie County Single Family Homes December 2023 Market Report

02.05.24 by

St Lucie County Single Family Homes December 2023 Market Report

The December 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were down by 9.6% for the month compared to last year (in November they were down by 0.3%). New sales under contract (new pending sales) decreased by 24.8% (they were down by 7.7% last month).

Prices were slightly higher for December when compared to last year.  The median sales price was up by 2.1% (was up by 2.8% in November).  The average sales price was up by 6.1% (it was up by 7.1% in November).

The number of available homes for sale increased by 41 homes to 1,719 units.  This inventory is 1.6% greater than last year.  The current supply of homes is 3.6 months (it was 3.1 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes December 2023 Market Report
Click here to download the full 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 December 2023 Market Report

North River Shores Real Estate Market Report February 2024

02.05.24 by

North River Shores Real Estate Market Report February 2024

There are currently 6 active listings in the North River Shores neighborhood of Stuart Florida in February 2024. The list prices range from $214,900 up to $1,890,000. This is an average list price of $1,166,983 which equals $476.95 per square foot of living area.

There are no North River Shores homes under contract at this time.

In the past 12 months, 11 North River Shores homes have sold. Sales prices ranged from a low of $619,000 up to $2,200,000. This works out to an average sales price of $1,134,364 or $461.64 per square foot of living area. These homes sold for an average of 94% of the list price. And, they averaged 76 days on the market before going under contract.

Click here to view the previous North River Shores market report!

About North River Shores in Stuart FL:

North River Shores in Stuart Florida
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The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.

North River Shores in Stuart Florida
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Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles-wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

 This community is blessed with easy access to shopping, beaches, houses of worship, schools, and access to both downtown Stuart and Jensen Beach. Yet, it maintains a quiet and peaceful neighborhood character.   This is a beautiful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores in Stuart Florida
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Search here for available homes in North River Shores

North River Shores home search

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.

courtesy of:
the Gabe Sanders real estate team

North River Shores Real Estate Market Report February 2024