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
Google Earth Image

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
Google Earth Image

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
Google Earth Image

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

Martin County Townhouses and Condos December 2023 Market Report

02.04.24 by

Martin County Townhouses and Condos December 2023 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 17.4%.  They were down by 21.4% in November.  New sales under contract (new pending sales) were up by 7.4% from last year.  They were up by 21.7% in November.

Prices were up for December.  The median sales price increased by 6.7% (was up by 7.3% last month). And, the average sales price increased by 19.8% (was up by 17.3% in November).

The available townhouses and condos inventory increased by 26 units to 449 properties.  This is a 54.3% greater supply of inventory than we had in December 2022.  Currently, there’s a 5.2 month supply of inventory (compared to 3.2 months for December 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, 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.

Martin County Townhouses and Condos December 2023 Market Report
Click here to download the full 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 December 2023 Market Report

Hunters Creek Real Estate Market Report February 2024

02.04.24 by

Hunters Creek Real Estate Market Report February 2024

For February 2024, the Hunters Creek community in Palm City has no homes currently on the market. 

There are also no Hunters Creek homes currently under contract (pending sales).

There have been 3 Hunters Creek homes sold in the past 12 months.  Sales prices ranged from $534,900 up to $725,000.  This equals an average sales price of $649,967 which equals $305.04 per sq. ft. of living area.  These homes sold for an average of 98% of the list price. And, they were under contract in an average of 40 days after being listed.

Click here to view the previous Hunters Creek market report!

About Hunters Creek in Palm City FL:

Hunters Creek in Palm City FL

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in size from over 3,800 sq. ft. of living area to just under 1,700. From 5-bedroom pool homes on over a ½ acre of land down to 3-bedroom homes on just over a quarter of an acre.

Hunters Creek in Palm City FL
Google Earth Image

Low HOA fees cover the common areas and security gate along with basic cable TV.  This is a pet-friendly community and rentals are also allowed with some restrictions.

Hunters Creek in Palm City FL

Hunters Creek is very conveniently located near the Palm Cove Golf Club.  There is quick access to Florida’s Turnpike and I-95.  Also, just a few minutes away from the Palm City Bridge with access to downtown Stuart, Jensen Beach, and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

Aerial images courtesy of Google
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.

the Gabe Sanders real estate team

Hunters Creek Real Estate Market Report February 2024

Martin County Single Family Homes December 2023 Market Report

02.03.24 by

Martin County Single Family Homes December 2023 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 2.3% from last year (they were up by 24.5% in November). At the same time, new pending sales decreased by 4.9% compared to last year (which increased by 8.8% last month).

Prices were up for December as compared to last year, however not as fast as in previous months.  The median sales price increased from last year by 1.8% (up by 12.8% in November) while the average sales price increased by 5.4% (up by 41.8% last month).

The inventory of available single-family homes increased by 5 homes to 590. This is an 18.2% greater inventory than last December.  The current supply of homes is 3.6 months.  For December of last year, it was 3.1 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 December 2023 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 December 2023 Market Report

Whispering Sound Real Estate Market Report February 2024

02.03.24 by

Whispering Sound Real Estate Market Report February 2024

 As of February 2024, there are 2 homes available for sale in Whispering Sound in Palm City, FL.  The list prices are $390,000 and $415,000. This is an average list price of $402,500 which equals $255.24 per sq. ft. of living area.

There are also 2 Whispering Sound homes currently under contract.  The list prices were $375,000 and $489,000. This equals an average list price of $432,000 which is $249.86 per sq. ft. of living area.  These homes were on the market for an average of 17 days before going under contract.

In the past 12 months, 19 Whispering Sound homes have sold. Sales prices ranged from a low of $275,000 up to a high of $410,000.  This works out to an average sales price of $366,153 which equals $232.42 per sq. ft. of living area.  These sales prices averaged 98% of the list price. And, they went under contract in an average of 34 days after going on the market.

Click here to view the previous Whispering Sound market report!

About Whispering Sound in Palm City FL:

Whispering Sound in Palm City FL
Image courtesy of Google Earth

Whispering Sound is a gated age-restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’s Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants, and medical facilities are also very close to Whispering Sound.

Whispering Sound in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two-car or one-car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

This active 55+ community boasts an active clubhouse with a heated swimming pool, spa, tennis courts, and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

Whispering Sound in Palm City FL
Whispering Sound in Palm City FL

Search for all Whispering Sound Homes for Sale in Palm City FL

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.

Palm City Real Estate is presented by:
the Gabe Sanders realty team

Whispering Sound Real Estate Market Report February 2024

Florida Townhouses and Condos December 2023 Market Report

02.02.24 by

Florida Townhouses and Condos December 2023 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 6.2% compared to last month’s increase of 0.3%.  New sales under contract (new pending sales) decreased by 5.5% (In November, there was a 1.2% decrease).

Prices were up for December compared to last year. The median sales price was up by 6.5% for December (was up by 7.5% in November). And the average sales price increased by 10.4% (was up by 3.9% in November).

The inventory of active listings increased by 52.6% from December last year.  This results in a 5.1 months supply of inventory as compared to 2.8 months for December 2022.  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 December 2023 Market Report
Florida Townhouses and Condos December 2023 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 December 2023 Market Report

Florida Single Family Homes December 2023 Market Report

02.01.24 by

Florida Single Family Homes December 2023 Market Report

The Florida Single Family Home real estate market had slightly weaker 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 down by 3.8% (were up by 4.2% in November). New sales under contract (new pending sales) were down by 3.3% (were down by 1.2% in November).

Prices increased for December when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was up by 3.3% in November). And, the average sales price was up by 7.2% (it was up by 5.6% last month).

The inventory of available homes for sale increased by 17.8% from last year.  This represents a 3.6 months supply of inventory (December 2022 had a 2.7 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 December 2023 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 December 2023 Market Report

 

Harbour Pointe Real Estate Market Report February 2024

02.01.24 by

Harbour Pointe Real Estate Market Report February 2024

For February 2024, there is 1 home for sale in Harbour Pointe in Palm City FL. The list price is $895,000 which is $272.53 per square foot of living area.

There are no Harbour Pointe homes currently under contract.

7 Harbour Pointe homes have sold in the past 12 months. Sales prices ranged from $537,000 up to $720,000.  This is an average sales price of $662,429 which is $298.71 per square foot of living area.  These homes sold for an average of 99% of the list price. And, they averaged 35 days on the market before going under contract.

Click here to view the previous Harbour Pointe market report!

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL
Image courtesy of Google Earth

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake views in spacious custom-designed homes.

Harbour Pointe in Palm City FL

Recent Harbour Pointe sales:

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A-rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike make it a commuter’s dream!

Harbour Pointe in Palm City Entrance

Currently Available Homes in Harbour Pointe

Harbour Pointe in Palm City FL home search

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Real Estate Market Report February 2024

 

Egret Pond Real Estate Market Report January 2024

01.31.24 by

Egret Pond Real Estate Market Report January 2024

As of January 2024, no homes are on the market in the Egret Pond community of the Martin Downs Country Club of Palm City FL.

There is 1 Egret Pond home currently under contract. This home was listed for $380,000 which is $244.06 per square foot of living space. It was on the market for 15 days before going under contract.

In the past 12 months, 2 Egret Pond homes have been sold in this Martin Downs community. Sales prices were $340,000 and $365,000.  This works out to an average sales price of $352,500 which equals $225.58 per square foot of living area. These homes were on the market for an average of 19 days before going under contract. And, they sold for an average of 94% of the list price.

Click here to view the previous Egret Pond market report

About Egret Pond in Martin Downs:

Egret Pond in the Martin Downs Country Club in Palm City Florida
Google Earth image
Egret Pond in the Martin Downs Country Club in Palm City Florida
Google Earth image

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

All ages are welcome and pets are also allowed in this popular community. Children are currently zoned to attend Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

Egret Pond in Martin Downs
Egret Pond in Martin Downs

Also, Egret Pond is very conveniently located close to Florida’s Turnpike for those who want to travel to parts north or south. So, this is a very affordable and excellent choice for those looking for a home within the Palm City area of Martin County.

Egret Pond in the Martin Downs Country Club in Palm City Florida

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

Egret Pond homes for sale in the Martin Downs Country Club in Palm City FL
Egret Pond in Martin Downs

View Martin Downs Country Club Communities:
Clubhouse Court Condos, Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Pheasant Run, Quail Meadow, and Starling Court.

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 Real Estate Market Report January 2024

Rio Vista Real Estate Market Report January 2024

01.30.24 by

Rio Vista Real Estate Market Report January 2024

As of January 2024, there are no Rio Vista homes for sale in Sewalls Point.

There is 1 Rio Vista home under contract at this time.  The list price was $899,000 or $526.35 per square foot of living space.

In the past 12 months, only 1 Rio Vista home has sold. The sales price was $1,051,000 which equals $462.59 per square foot of living area. This home was on the market for 2 days before going under contract. And, it sold for 100% of the list price.

Click here to view recent Rio Vista market reports!

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point Florida

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.

Rio Vista in Sewalls Point Florida
Google Earth Image

There are no HOA fees in the Rio Vista neighborhood of Sewalls Point as it is within the town’s city limits.

Search here to search for any Rio Vista homes for sale in Sewalls Point

Rio Vista homes for sale in Sewalls Point

View all Sewalls Point homes for Sale

 

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.

Rio Vista Real Estate Market Report January 2024

Pine Ridge Real Estate Market Report January 2024

01.29.24 by

Pine Ridge Real Estate Market Report January 2024

There are 9 condos for sale in the Pine Ridge community at Martin Downs in Palm City FL for January 2024. The list prices range from $229,000 up to $349,850. This is an average list price of $272,350 or $229.32 per sq. ft. of living space.

There is only 1 condo currently under contract in Pine Ridge. The list price was $249,900 which works out to $170.23 per sq. ft. of living area. This condo was on the market for 6 days before going under contract.

In the past 12 months, 8 Pine Ridge condos have sold. Sales prices ranged from a low of $175,000 up to a high of $299,000.  This works out to an average sales price of $225,125 which equals $213.57 per sq. ft. of living area. These condos sold for an average of 96% of the list price. And, they were on the market for an average of 20 days before going under contract.

Click here to view the previous Pine Ridge market report

About the Pine Ridge Condos at Martin Downs:

Pine Ridge condos in Martin Downs in Palm City Florida
Google Earth image
Pine Ridge condos in Martin Downs in Palm City Florida
Google Earth image

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.

Pine Ridge Condos at Martin Downs
Pine Ridge Condos at Martin Downs

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

Pine Ridge Condos for Sale in Palm City FL

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 Real Estate Market Report January 2024

Martin Downs Country Club Real Estate Market Report January 2024

01.28.24 by

Martin Downs Country Club Real Estate Market Report January 2024

For January 2024, there are 12 homes for sale in the Martin Downs Country Club in Palm City FL.  The list prices range from $279,000 up to $1,525,000. This is an average list price of $701,075 which works out to $279.40 per sq. ft. of living area.

There are 4 Martin Downs homes currently under contract. List prices ranged from $325,000 up to $749,999. This works out to an average list price of $451,000 which equals $247.81 per sq. ft. of living space. These homes averaged 27 days on the market before going under contract.

In the past 12 months, 43 Martin Downs Country Club homes have sold. Sales prices ranged from $275,000 up to $1,275,000. This equals an average sales price of $476,495 or $243.34 per sq. ft. of living area. These homes averaged 73 days on the market before going under contract. And, they sold for an average of 96% of the list price.

Click here to view the previous Martin Downs market report

About the Martin Downs Country Club:

Martin Downs Country Club in Palm City Florida
Google Earth image
Martin Downs Country Club in Palm City Florida
Google Earth image

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums. The communities within the Martin Downs Country Club include the Clubhouse Court Condos, Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Pheasant Run, Quail Meadow, and Starling Court.

Martin Downs Country Club in Palm City Florida

HOA fees and pet restrictions vary by community. For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Martin Downs Country Club
Martin Downs Country Club
Martin Downs Country Club homes for sale

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.

Martin Downs Country Club Real Estate Market Report January 2024

Hidden Bay Real Estate Market Report January 2024

01.27.24 by

Hidden Bay Real Estate Market Report January 2024

As of January 2024, there are no homes available for sale in the Hidden Bay neighborhood in Palm City FL.

Also, there are no Hidden Bay homes currently under contract.

In the past 12 months, 2 homes have sold in Hidden Bay. The sales prices were $499,900 and $525,000. This is an average sales price of $512,450 which is $256.49 per sq. ft. of living area. These homes were on the market for an average of 25 days before going under contract. And the sales prices averaged 93% of the list price.

Click here to view the last Hidden Bay market report

About the Hidden Bay community in Palm City FL:

Hidden Bay in Palm City Florida
Google Earth image

This is a secluded private community in northern Palm City just off Murphy Road with several waterfront homes on Bessey Creek. There are just 30 homes in this community.  This is not gated and has no HOA fees nor any amenities of a homeowners’ association.

Hidden Bay in Palm City Florida
Google Earth image

The first home recorded in Hidden Bay was built in 1978 with the last one completed in 2013. It appears that no more vacant lots are available in Hidden Bay. There are 11 ocean-access waterfront homes as well as 5 non-ocean access waterfront homes with the remaining homes not being waterfront in Hidden Bay.

Homes in Hidden Bay range from under 2,000 sq. ft. ranch homes to just under 5,000 sq. ft. two-story estate-style homes with up to 5 bedrooms and 4 bathrooms. Additionally, children are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High Schools.

Hidden Bay in Palm City Florida

In conclusion, Hidden Bay represents one of the lesser-known areas in Palm City. A true hidden gem.

Hidden Bay in Palm City FL
Hidden Bay in Palm City FL

Click here to see if any Hidden Bay Homes are available for sale.

Hidden Bay homes for sale in Palm City FL

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.

Hidden Bay Real Estate Market Report January 2024

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

01.26.24 by

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

For January 2024, there are 8 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. The list prices range from $349,300 up to $599,999. This is an average list price of $485,537 which is $480.76 per sq. ft. of living area.

There is 1 Oceana Oceanside condo currently under contract. The list price was $529,000 or $517.11 per sq. ft. of living space. This condo was on the market for 2o days before going under contract.

In the past 12 months, 19 Oceana North/Oceanside condos have sold. Sales prices ranged from $300,000 up to $654,000. This equals an average sales price of $457,763 which works out to $459.73 per sq. ft. of living space. These condos sold for an average of 97% of the last list price. And, they averaged 65 days on the market before going under contract.

Click here to view the previous Oceana North condo market report!

About the Oceana Oceanfront and North Condos:

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana I was built in 1975 and is a 12-story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units. Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area. Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft. The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle wash areas.

Both buildings share a large clubhouse with a fitness and game room, kitchen and bar, and a large social area. 1 small pet is allowed as well as rentals with a 3-month minimum lease restriction. There are four tennis courts directly across the street as well as 2 RV/Boat parking areas. Trucks are also allowed.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Condo fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal, and Water.

Oceana North and Oceanfront Condos in Jensen Beach
Search Links:

Click on this link to search for available Oceana North Condos in Jensen Beach

Oceana Oceanfront Condos on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

01.25.24 by

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2023 continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 10.5% as compared to 2022 which saw a decrease of 27.3% and new sales under contract (new pending sales) decreased by 5.3% (2022 saw a decrease of 28.7%).

St Lucie County Townhouses and Condos Sales 2023 Yearly Review
Click the image for the full report

Prices were up when compared to last year, however, these prices are not rising as fast as in previous years. The median sales price increased by 8.9% compared to the 19.1% rise last year. The average sales price was up by 0.8% as compared to the 20.0% increase in 2022.

Inventory increased by 91.1% as compared to 2022’s increase of 99.3%. At the same time, the monthly supply of inventory rose to 6.4 months as compared to 3.0 months for 2022.  Entering into a balanced market for Saint Lucie County townhouses and condos after a long stretch of being in a seller’s market.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2023

View previous St Lucie County Yearly Reviews Here!

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 Sales 2023 Yearly Review

Murano Real Estate Market Report January 2024

01.25.24 by

Murano Real Estate Market Report January 2024

Palm City Florida Real Estate

There are 2 homes currently available for purchase in the Murano community in Palm City FL. The list prices are $525,000 and $668,000. This is an average list price of $596,500 which is $236.54 per sq. ft. of living space.

There are no Murano homes under contract at this time.

In the past 12 months, 3 Murano homes have sold. The sales prices ranged from $495,000 up to $724,000.  This works out to an average sales price of $603,100 which equals $243.99 per sq. ft. of living area.  These homes were on the market for an average of 101 days before going under contract.  And, they sold for an average of 97% of the list price.

Click here to view the previous Murano market report!

About the Murano Community in Palm City FL:

Murano in Palm City Florida
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Conveniently located off of Martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two-story 5-bedroom, 4-bathroom homes of over 3,200 sq. ft. to single-story 2-bedroom, 2-bath homes of just over 1,700 sq. ft.

Murano Homes in Palm City Florida
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This is a very family-friendly neighborhood close to “A” rated schools, shopping, and Florida’s Turnpike for commuters. There is a community pool and low HOA fees.

The Murano community in Palm City offers newer construction at a relatively affordable price (compared to neighboring newer construction communities). Making it an excellent choice for budget-minded families as well as retirees looking to live in a vibrant Treasure Coast community with excellent amenities only a short drive away.

For those interested in the Murano community of Palm City, please let me know if you’d like to be placed on an automatic listing notifier of available homes in this community.

Murano Homes in Palm City Florida
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Click here to view the current Murano homes for sale

Murano homes for sale in Palm City FL

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.

Murano Real Estate Market Report January 2024

St Lucie County Single Family Home Sales 2023 Yearly Review

01.24.24 by

St Lucie County Single Family Home Sales 2023 Yearly Review

The St Lucie County Single Family Home Sales for 2023 as reported by Florida Realtors continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 13.5% (were down by 10.0% in 2022) and new sales under contract (new pending sales) decreased by 9.7% (were down by 18.0% in 2022).

St Lucie County Single Family Home Sales 2023 Yearly Review
St Lucie County Single Family Home Sales 2023 Yearly Review

Both median and average sales prices were up for 2023 by 2.2% and 1.8% respectively.   These numbers were 23.6% and 20.5% respectively in 2022. These prices are not rising as fast as in previous years.

The inventory of available homes for sale increased by 1.6% from 2022 (When there was a 170.7% increase).  While the monthly supply of homes increased to 3.6 months from 3.1 months in 2022.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2023 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

To view the complete 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 Home Sales 2023 Yearly Review

The Archipelago Real Estate Market Report January 2024

01.24.24 by

The Archipelago Real Estate Market Report January 2024

For January 2024, only 1 home is available for purchase in the Archipelago of Sewalls Point in Stuart FL. The list price is $2,589,000 which is $848.57 per sq. ft. of living area.

There are no Archipelago homes currently under contract.

In the past 12 months, there have been 2 Archipelago of Sewalls Point home sales. The sales prices were $2,300,000 and $2,450,000. This equals an average sales price of $2,375,000 which works out to $1,003.45 per sq. ft. of living space. These homes were on the market for an average of 38 days before going under contract. And, they sold for an average of 91% of the last list price.

Click here to view the last Archipelago market report

About the Archipelago of Sewalls Point:

The Archipelago of Sewalls Point in Stuart Florida
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Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes to spectacular estate lots with magnificent views.

The Archipelago of Sewalls Point in Stuart Florida
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Search here for homes in the Archipelago

The Archipelago of Sewalls Point FL Homes for Sale

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.

The Archipelago Real Estate Market Report January 2024

Martin County Townhouses and Condos Sales 2023 Yearly Review

01.23.24 by

Martin County Townhouses and Condos Sales 2023 Yearly Review

The Martin County Townhouses and Condos Sales for 2023 is now showing the turnaround the real estate market has experienced with prices that rose too rapidly and increasing mortgage rates. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 5.5% as compared to 2022 which were down by 20.8% and new sales under contract (new pending sales) increased by 1.8% (2022 saw a decrease of 25.9%).

Martin County Townhouses and Condos Sales 2023 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 5.4% and 9.9% respectively (2022 numbers were 31.5% and 18.3%).  However, prices are not rising as fast as in previous years.

Inventory increased by 54.3% as compared to 2022’s decrease of 282.9%. And the supply of inventory rose to 5.2 months as compared to 3.7 months for 2022.  Still a seller’s market for Martin County townhouses and condos, but approaching a balanced market.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2023 Yearly Review

Here are the previous Martin County yearly reviews!

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.

Martin County Townhouses and Condos Sales 2023 Yearly Review

Canoe Creek Real Estate Market Report January 2024

01.23.24 by

Canoe Creek Real Estate Market Report January 2024

For January 2024, there are no homes for sale in Canoe Creek in Palm City.

There are also no Canoe Creek homes currently under contract.

In the past 12 months, 3 Canoe Creek homes have sold. The sales prices ranged from $540,000 up to $1,000,000. This works out to an average sales price of $741,667 which equals $269.03 per sq. ft. of living area. These homes went under contract in an average of 67 days after going on the market. And, were sold for an average of 94% of the last list price.

Click here to view the previous Canoe Creek market report

About Canoe Creek Real Estate in Palm City:

Canoe Creek in Palm City Florida
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Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes. They all have plenty of room for growing families or those looking for a little “elbow room”. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots up to just over an acre. Home sizes range from over 4,000 sq. ft. of living area with 5 bedroom, 5 bathroom, and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area. Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

Canoe Creek in Palm City Florida

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A-rated schools, recreation, and the exciting and beautiful Downtown Stuart. It is also close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Canoe Creek in Palm City Florida
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Low HOA fees make this an easily affordable community. It is a subdivision that offers privacy with room to spare between homes with individual mostly custom-designed and built homes at an affordable price.

Canoe Creek in Palm City FL

Search for Canoe Creek Homes for Sale

Canoe Creek Homes for Sale in Palm City FL

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.

Canoe Creek Real Estate Market Report January 2024