Florida Single Family Homes March 2024 Market Report

04.18.24 by

Florida Single Family Homes March 2024 Market Report

The Florida Single Family Home real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were down by 10.4% (were up by 2.2% in February). New sales under contract (new pending sales) were down by 3.0% (were down by 0.3% in February).

Prices increased for March when compared to last year.  The (year-to-year) median sales price was up by 3.9% (it was up by 5.1% in February). And, the average sales price was up by 10.1% (it was up by 5.7% last month).

The inventory of available homes for sale increased by 40.5% from last year.  This represents a 4.1-month supply of inventory (March 2023 had a 2.7-month 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 March 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 March 2024 Market Report

 

Twin Lakes Real Estate Market Report April 2024

04.17.24 by

Twin Lakes Real Estate Market Report April 2024

There are 13 condos currently available for purchase in the Twin Lakes community of Stuart FL. The list prices range from $225,000 up to $287,000. This is an average list price of $247,200 which equals $225.02 per sq. ft. of living area.

There are 4 Twin Lakes condos under contract. They were priced from $215,000 up to $265,000. This works out to an average list price of $241,000 or $221.11 per sq. ft. of living space. The condos averaged 33 days on the market before going under contract.

In the past 12 months, 20 Twin Lakes condos have sold.  Sales prices ranged from $160,000 up to $280,000. This equals an average sales price of $227,745 which works out to $205.86 per sq. ft. of living area.  These condos averaged 27 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Twin Lakes market report!

About the Twin Lakes Condo Community:

Twin Lakes condo real estate in Stuart Florida
Google Earth image

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

Twin Lakes condo real estate in Stuart Florida

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

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

Twin Lakes Condos in Stuart FL
Twin Lakes Condos in Stuart FL

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

Twin Lakes Condos in Stuart FL
Twin Lakes Condos in Stuart FL

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

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

Search for Twin Lakes Condos in Stuart FL

For more Stuart Florida area real estate information contact Nicole Bertke or search for properties at PineappleGroupFL.com

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

Twin Lakes Real Estate Market Report April 2024

Sawgrass Villas Real Estate Market Report April 2024

04.16.24 by

Sawgrass Villas Real Estate Market Report April 2024

For April 2024, there is 1 townhome available for sale in the Sawgrass Villas community of Palm City Florida. The list price is $365,000 or $225.31 per sq. ft. of living area.

There are no Sawgrass Villas townhomes that are under contract at this time.

In the past 12 months, only 2 Sawgrass Villas homes have sold.  The sales prices were $358,000 and $370,000. This is an average sales price of $364,000 which works out to $199.57 per sq. ft. of living area.  These homes sold for an average of 95% of the last list price. And, they were on the market for an average of 65 days before going under contract.

Click here for the previous Sawgrass Villas market report!

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City Florida
Google Earth image

Built in 2005, the Sawgrass Villas of Palm City is one of the few newer affordable townhome-style condos in the area.  There are 52 units with two different floor plans.  All are 3 bedrooms, and 2 bathrooms with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones.  With a rare exception, all of these townhouses have a 1 car garage.

Sawgrass Villas real estate in Palm City FL

Sawgrass Villas is in a very desirable location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south. Families will also appreciate the great Palm City school district with high-rated schools.

Sawgrass Villas real estate in Palm City FL

The HOA fees include building maintenance and insurance, landscaping, trash pickup, Cable TV,  and exterior pest control.

Sawgrass Villas in Palm City

Live the easy maintenance and worry-free life in these solid concrete townhomes featuring Hardi-plank siding and metal roofs.

Sawgrass Villas in Palm City

Click here to search for Sawgrass Villas homes for sale

Sawgrass Villas real estate in Palm City FL

For more Stuart Florida area real estate information contact Nicole Bertke or search for properties at PineappleGroupFL.com

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

Sawgrass Villas Real Estate Market Report April 2024

Beacon 21 Real Estate Market Report April 2024

04.15.24 by

Beacon 21 Real Estate Market Report April 2024

For April 2024, there are 11 condos available for sale in Beacon 21 in Jensen Beach FL.  The list prices range from $160,000 up to $369,628. This is an average list price of $247,766 which equals $209.36 per sq. ft. of living space.

There are no Beacon 21 condos currently under contract.

In the past 12 months, 15 Beacon 21 condos have sold.  Sales prices ranged from $159,000 up to $315,000.  This equals an average sales price of $226,045 which works out to $206.95 per sq. ft. of living area.  These condos averaged 58 days on the market before going under contract. And, they sold for an average of 96% of the last listed price.

Click here to view the previous Beacon 21 market report!

About: Beacon 21 Condos in Jensen Beach

Beacon 21 condo real estate in Jensen Beach Florida
Google Earth image

Beacon 21 in Jensen Beach is a low-rise condominium development in Jensen Beach FL located just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 condo real estate in Jensen Beach Florida
Google Earth image

Some sections in Beacon 21 are age-restricted to 55 and over while others are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium-sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 condo real estate in Jensen Beach Florida
Google Earth image

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first-come-first-served basis for owners in the Beacon 21 complex.

Children living in Beacon 21 currently attend Felix A Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers, and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

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.

Beacon 21 Real Estate Market Report April 2024

The Estuary Real Estate Market Report April 2024

04.10.24 by

The Estuary Real Estate Market Report April 2024

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2024 real estate market report for this gated community:

Homes

There are no homes currently available for sale in the Estuary.

There are also no Estuary homes currently under contract.

In the past 12 months, 4 Estuary homes have sold.  Sales prices ranged from $515,000 up to $1,120,000.  This equals an average sales price of $677,000 which works out to $324.69 per sq. ft. of living area. These homes sold for an average of 96% of the list price. And, went under contract in an average of 69 days.

Condos

There is 1 condo currently for sale in the Estuary. The list price is $277,900 which is $269.81 per sq. ft. of living area.

There are 2 Estuary condos currently under contract. The list prices were $249,999 and $269,900. This works out to an average list price of $259,950 or $259,950 per sq. ft. of living space. These condos were on the market for an average of 20 days before going under contract.

In the past 12 months, 6 Estuary condos have sold.  Sales prices ranged from $245,000 up to $495,000.  This equals an average sales price of $307,250 which works out to $267.88 per sq. ft. of living area.  These condos averaged 51 days on the market before going under contract. And, sold for an average of 93% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

The Estuary of Stuart Florida, located in North Stuart, Florida, and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980s vintage homes, to newer villas as well as waterfront homes with deep water docks.


The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

The Estuary real estate in Stuart FL

Different sections of the Estuary include well-appointed 2 and 3-bedroom condos with pool and lake views.  A select number of condos have mile-wide river views of the Saint Lucie River.  An inland section of varying styles, sizes, and shapes of homes built from the early 1980s and also called River Shores Plantation. 

The Estuary real estate in Stuart FL

In 2002, a section of the Estuary was added with villas and smaller single-family homes on Tillia Trail with their own community pool.  Larger single-family homes were also added at this time along Estuary Court, Plumbago Trail, and the western section of NW 21st Terrace.  This section also boasts a community dock suitable for good-sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

The Estuary real estate search in Stuart 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.

The Estuary Real Estate Market Report April 2024

Suntide Condos Real Estate Market Report April 2024

04.09.24 by

Suntide Condos Real Estate Market Report April 2024

For April 2024, there are 3 condos for sale in Suntide on Hutchinson Island in Stuart FL. These condos are listed with prices that range from $589,000 up to $635,000. This is an average list price of $607,467 which is $383.12 per sq. ft. of living space.

There are no Suntide condos currently under contract.

There have been 2 Suntide condos sold in the past 12 months.  The sales prices were $346,500 and $350,000 for an average sales price of $348,250 which equals $256.57 per sq. ft. of living area.  These sales averaged 92% of the list price. And, they were on the market for an average of 244 days before going under contract.

Click here to see the previous Suntide market report!

About the Suntide Condominiums of Hutchinson Island in Stuart Florida:

Suntide condo real estate on Hutchinson Island in Stuart Florida
Google Earth image

The Suntide Condominium is located on Hutchinson Island in uncrowded and unspoiled Martin County. It is one of the premier oceanfront condos in Stuart, Florida.  It boasts truly fine amenities with a protected pool, private beach access, and hard-to-find under-building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen, and reading room.

Suntide condo real estate on Hutchinson Island in Stuart Florida
Google Earth image

Suntide has all two-bedroom, two-bath condos that come in four different configurations and sizes.  The largest of these features an office and a sitting room that can double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best-run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation getaway.

Pool of Suntide Condo on Hutchinson Island
Tennis Courts of Suntide Condo on Hutchinson Island

Search for Suntide Condos on Hutchinson Island

Suntide condo real estate search on Hutchinson Island
Ocean Access from the Suntide Condo on Hutchinson Island
Fitness Room in the Suntide Condo on Hutchinson Island
Game room in the Suntide Condo on Hutchinson Island

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

For more Stuart Florida area real estate information contact Nicole Bertke or search for properties at PineappleGroupFL.com

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

Suntide Condos Real Estate Market Report April 2024

Beau Rivage Real Estate Market Report April 2024

04.01.24 by

Beau Rivage Real Estate Market Report April 2024

For April 2024, there are 7 homes available for sale in Beau Rivage in Stuart Florida. The list prices range from $399,900 to $2,999,999. This equals an average list price of $1,308,928 or $523.91 per sq. ft. of living area.

There are 3 Beau Rivage homes currently under contract. The list prices ranged from $550,000 up to $2,500,000. This was an average list price of $1,481,667 which is $596.78 per sq. ft. of living space. These homes were on the market for an average of 76 days before going under contract.

In the past 12 months, 12 Beau Rivage homes have sold.  Sales prices ranged from $265,000 up to $1,575,000.  The average sales price was $661,883 which equaled $335.19 per sq. ft. of living area.  These homes averaged 43 days on the market before going under contract. And, they sold for an average of 98% of the last list price.

Click here to view the previous Beau Rivage market report!

About Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates real estate in Stuart Florida
Google Earth image

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms.

Beau Rivage Estates real estate in Stuart Florida

Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary School, and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Beau Rivage Estates real estate in Stuart Florida
Google Earth image

Search for Beau Rivage Homes for Sale

Search for Beau Rivage homes in Stuart Florida

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.

Beau Rivage Real Estate Market Report April 2024

St Lucie County Townhouses and Condos February 2024 Market Report

03.28.24 by

St Lucie County Townhouses and Condos February 2024 Market Report

The St Lucie County Townhouses and Condos market showed stronger sales activity when compared to last year. Even as we face headwinds with economic uncertainties, at least mortgage rates may have peaked and begun to decrease. Closed sales were up by 35.8% from last year (were down by 7.1% in January). New pending sales were up by 26.6% (they were down by 6.2% last month).

Prices were mixed for February. The median price decreased by 3.4% from last year (was up by 8.0% in January) and the average sales price increased by 20.0% (was up by 21.8% in January).

The available townhouses and condos inventory increased by 8 units from last month to 642 residences. This is a 60.9% greater inventory than we had in February 2023. The current inventory supply is 7.3 months, as compared to 4.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its third month of a balanced market, and now approaching a seller’s 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 February 2024 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 February 2024 Market Report

St Lucie County Single Family Homes February 2024 Market Report

03.27.24 by

St Lucie County Single Family Homes February 2024 Market Report

The February 2024 St Lucie County Single Family real estate market showed slightly improved 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 up by 1.4% for the month compared to last year (in January they were down by 20.7%). New sales under contract (new pending sales) decreased by 3.6% (they were down by 14.7% last month).

Prices were higher for February when compared to last year.  The median sales price was up by 5.4% (was up by 5.9% in January).  The average sales price was up by 11.1% (it was up by 9.4% in January).

The number of available homes for sale increased by 56 homes to 1,949 units.  This inventory is 21.9% greater than last year.  The current supply of homes is 4.2 months (it was 3.0 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 months 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 February 2024 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 February 2024 Market Report

Martin County Townhouses and Condos February 2024 Market Report

03.26.24 by

Martin County Townhouses and Condos February 2024 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 2.4%.  They were up by 22.0% in January.  New sales under contract (new pending sales) were unchanged from last year.  They were down by 12.2% in January.

Prices were down for February.  The median sales price decreased by 6.8% (was down by 11.1% last month). And, the average sales price decreased by 0.5% (was down by 11.0% in January).

The available townhouses and condos inventory increased by 40 units to 548 properties.  This is a 77.9% greater supply of inventory than we had in February 2023.  Currently, there’s a 6.3 months supply of inventory (compared to 3.6 months for February 2023).  We’ve re-entered a balanced market for townhouses and condos in Martin County. 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 February 2024 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 February 2024 Market Report

Martin County Single Family Homes February 2024 Market Report

03.25.24 by

Martin County Single Family Homes February 2024 Market Report

The Martin County Single Family Homes Market Report showed strong sales activity when compared to last year. Even as we face some economic uncertainties, mortgage rates appear to have peaked and started to decline. Closed sales were up by 34.7% from last year (they were down by 5.3% in January). At the same time, new pending sales increased by 2.5% compared to last year (which increased by 9.0% last month).

Prices were higher for February as compared to last year.  The median sales price increased from last year by 20.4% (down by 0.7% in January) while the average sales price increased by 5.9% (up by 56.2% last month).

The inventory of available single-family homes increased by 41 homes to 677. This is a 31.5% greater inventory than last February.  The current supply of homes is 4.1 months.  For February 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 February 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 February 2024 Market Report

Florida Townhouses and Condos February 2024 Market Report

03.22.24 by

Florida Townhouses and Condos February 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 2.5% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 4.8% (In January, there was a 8.5% decrease).

Prices were up for February compared to last year. The median sales price was up by 3.2% for February (was also up by 3.2% in January). And the average sales price increased by 3.4% (was up by 3.0% in January).

The inventory of active listings increased by 73.3% from February last year.  This results in a 6.3 months supply of inventory as compared to 3.2 months for February 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a really long period of a seller’s market.  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 February 2024 Market Report
Florida Townhouses and Condos February 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 February 2024 Market Report

Banyan House Real Estate Market Report March 2024

03.22.24 by

Banyan House Real Estate Market Report March 2024

For March 2024, there are 6 condos for sale in the Banyan House condo community of Stuart FL.  The list prices range from $325,000 to $359,900. This works out to an average list price of $338,633 which equals $247.18 per sq. ft. of living area. 

There is 1 Banyan House condo currently under contract. The list price was $339,000 or $247.45 per sq. ft. of living space.

In the past 12 months, 7 Banyan House condos have sold.  Sales prices ranged from $249,000 up to $390,000. This is an average sales price of $277,857 which works out to $202.81 per sq. ft. of living area.  These condos averaged 17 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Banyan House market report!

About the Banyan House Condos in Stuart FL:

Banyan House condos in Stuart Florida
Google Earth image

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House condos in Stuart Florida
Google Earth image

The Banyan House complex residents enjoy a heated pool, 2 tennis courts, and a clubhouse as their amenities.  All ages are welcome and up to 1 medium-sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves, and management services.

Children living in Banyan House currently attend the JD Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.

Banyan House Condos in Stuart FL

This community is much sought after because of its excellent location as well as being well-run and well-managed.  Condos tend to sell very quickly when they come on the market. 

Banyan House Condos in Stuart FL

Search here for any current listings in the Banyan House Condo Complex.

Recent market reports:

For more Stuart Florida area real estate information contact Nicole Bertke or search for properties at PineappleGroupFL.com

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

Banyan House Real Estate Market Report March 2024

Florida Single Family Homes February 2024 Market Report

03.21.24 by

Florida Single Family Homes February 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 2.2% (were up by 0.6% in January). New sales under contract (new pending sales) were down by 0.3% (were down by 2.9% in January).

Prices increased for February when compared to last year.  The (year-to-year) median sales price was up by 5.1% (it was up by 3.8% in January). And, the average sales price was up by 5.7% (it was up by 9.7% last month).

The inventory of available homes for sale increased by 36.5% from last year.  This represents a 3.9 months supply of inventory (February 2023 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 February 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 February 2024 Market Report

 

Sugar Hill Real Estate Market Report March 2024

03.14.24 by

Sugar Hill Real Estate Market Report March 2024

As of March 2024, there are no homes on the market in Sugar Hill in Jensen Beach, FL.

There are also no Sugar Hill homes under contract and awaiting settlement at this time.

There have been 6 Sugar Hill homes sold in the past 12 months.  Sales prices ranged from $755,000 up to $1,100,000.  This works out to an average sales price of $895,417 which is $312.33 per sq. ft. of living area.  Sales prices averaged 94% of the list price. And, these homes averaged 49 days on the market prior to going under contract.

Click here to view previous Sugar Hill market reports.

About Sugar Hill in Jensen Beach Florida:

Sugar Hill real estate in Jensen Beach Florida
Google Earth image

Sugar Hill homes for sale:

Sugar Hill in Jensen Beach is an eye-pleasing high-elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded by gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill real estate in Jensen Beach Florida
Google Earth image

Sugar Hill has very reasonable HOA fees.

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Recent Sugar Hill sales:

Recent market reports:

For more Stuart Florida area real estate information contact Nicole Bertke or search for properties at PineappleGroupFL.com

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

Sugar Hill Real Estate Market Report March 2024

Bay Pointe Real Estate Market Report March 2024

03.12.24 by

Bay Pointe Real Estate Market Report March 2024

There is 1 home for sale in the Bay Pointe community in Palm City FL for March 2024. The list price is $2,549,000 which equates to $589.23 per sq. ft. of living area.

There are also no Bay Pointe homes currently under contract.

In the past 12 months, 2 Bay Pointe homes have sold.  The sales prices were $850,000 and $3,200,000. This works out to an average sales price of $2,025,000 which is $509.91 per sq. ft. of living space.  These homes were on the market for an average of 27 days before going under contract. And, they sold for 93% of the list price.

Click here to view the previous Bay Pointe market report!

About Bay Pointe in Palm City, Florida:

Bay Pointe in Palm City Florida
Google Earth image

Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida.  This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River.  An additional 11 non-waterfront homes and homesites enjoy the amenities of this private community.  Even the non-waterfront homes have access to docks with a community pier located on the south side of the community.


It is located with a large private preserve area to the south and west and enjoys magnificent wide water views to the east.  Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home.


Close to parks, beaches, shopping, and boasting the ‘A’ rated school system of Martin County.  Current school assignments for Bay Pointe are the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Bay Pointe in Palm City Florida
Google Earth image

Search for Bay Pointe Homes for Sale

Recent market reports:

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.

Bay Pointe Real Estate Market Report March 2024

Moon River Real Estate Market Report March 2024

03.11.24 by

Moon River Real Estate Market Report March 2024

As of March 2024, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

There is 1 Moon River home currently pending (under contract). The list price was $759,900 which equals $315.18 per sq. ft. of living space. This home was on the market for 28 days before going under contract.

There have been 2 Moon River home sales in the past 12 months. The sales prices were $450,000 and $699,900. This is an average sales price of $572,450 which is $296.61 per sq. ft. of living area. These homes were on the market for an average of 37 days prior to going under contract. And, they sold for an average of 94% of the last list price.

Click here to view recent Moon River market reports!

About Moon River in Jensen Beach Florida:

Moon River real estate in Jensen Beach Florida
Google Earth image

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River real estate in Jensen Beach Florida
Google Earth image

Home sizes range from 3-bedroom, 3-bathroom two-story homes with over 2.700 sq. ft. of living area down to 2-bedroom, 2-bathroom, 1-story homes with just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few offering covered parking for up to 4 cars. 

This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 

Moon River real estate in Jensen Beach Florida

Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants, and the remaining wonderful amenities that Martin County has to offer.

Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

Moon River in Jensen Beach on Hutchinson Island
Moon River in Jensen Beach on Hutchinson Island

The current Martin County Schools for Moon River are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the current listings in Moon River in Jensen Beach

 For any questions you may have about the March 2024 Market Report for Moon River in Jensen Beach, please call or email Gabe Sanders at 772-888-2885 or Contact Him Here

Jensen Beach Florida Real Estate

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

Moon River Real Estate Market Report March 2024

Lake Grove Real Estate Market Report March 2024

03.10.24 by

Lake Grove Real Estate Market Report March 2024

There are no homes currently for sale in the Lake Grove community of Palm City, FL.

There is 1 Lake Grove home currently under contract. The list price was $869,000 which is $367.29 per sq. ft. of living space. This home was on the market for 119 days before going under contract.

In the past 12 months, 3 Lake Grove homes have sold. The sales prices ranged from $770,000 to $835,000. This works out to an average sales price of $813,333 which equals $321.46 per sq. ft. of living area.  These homes were on the market for an average of 46 days prior to going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Lake Grove market report!

About Lake Grove in Palm City FL:

Lake Grove real estate in Palm City Florida
Google Earth image

Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square-shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land. Homes range in size from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths, and a three-car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms, and 2 car garages.

The common areas include two tennis courts, landscaped common areas, and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove real estate in Palm City Florida
Google Earth image

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City

Click here to see the currently available Lake Grove Homes for Sale

If you like the Lake Grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

For more Stuart Florida area real estate information contact Nicole Bertke or search for properties at PineappleGroupFL.com

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

Lake Grove Real Estate Market Report March 2024

The Pines and Windemere Real Estate Market Report March 2024

03.08.24 by

The Pines and Windemere Real Estate Market Report March 2024

For March 2024, there are 3 homes available for sale in the Pines and Windemere communities in Jensen Beach FL. The list prices range from a low of $619,000 to a high of $750,000.  This is an average list price of $676,300 which equals $257.94 per sq. ft. of living area.

There are 4 Pines and Windemere homes currently under contract and awaiting settlement.  The list prices ranged from $535,000 up to $749,900. This works out to an average list price of $614,975 or $295.32 per sq. ft. of living area.  These homes were on the market for an average of 40 days before going under contract.

In the past 12 months, 27 Pines and Windemere homes have sold.  Sales prices ranged from a low of $440,000 up to a high of $847,000. This equals an average sales price of $605,428 which equals $285.64 per sq. ft. of living area.  These homes were on the market for an average of 44 days before going under contract. And, they sold for an average of 99% of the list price.

Click here to view the previous Pines and Windemere market report!

About the Pines and Windemere in Jensen Beach FL:

The Pines and Windemere

Located adjacent to the new Jensen Beach High School, and Felix A. Williams Elementary School, among Martin County’s best schools, is only one reason why The Pines and Windemere communities are so desirable.

The Pines and Windemere real estate in Jensen Beach FL

Some residents have stated, “Sending our children to Felix A. Williams is like having a private school in our own backyard.”  And as far as Jensen Beach High School: “Our Kids can walk to the new High School”.

In addition to the best schools, The Pines is located just a little over 2 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course (Eagle Marsh) is right next door, and a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

The Pines and Windemere real estate in Jensen Beach FL

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are within walking distance, and grocery stores are located nearby.

World-famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

The Pines

Adjacent to the Pines is the smaller community of Windemere and the Preserves. 

Neither the Pines nor Windemere offers the amenities of a community pool or clubhouse which keeps the HOA fees quite low at $55.00 and $60.00 a month respectively.

The Pines
Some Extra History:

When these developments were planned the original intent was to combine the two for ease of access.  However, the County decided to nix these plans as they felt that out-of-area residents would use Windemere Drive as a shortcut between US-1 and Jensen Beach, causing a lot of congestion in this community.

 Search here for the Pines and Windemere homes for sale!

Jensen Beach Florida Real Estate

For more Stuart Florida area real estate information contact Nicole Bertke or search for properties at PineappleGroupFL.com

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

The Pines and Windemere Real Estate Market Report March 2024

De La Bahia Real Estate Market Report March 2024

03.03.24 by

De La Bahia Real Estate Market Report March 2024

For March 2024, there are 8 condos available for sale in de la Bahia in Stuart FL. The list prices range from $209,000 up to $379,900. This works out to an average list price of $291,625 which equals $327.69 per sq. ft. of living area.

There is only 1 de la Bahia condo currently under contract.  The list price was $255,000 or $310.98 per sq. ft. of living area.  This condo was on the market for 25 days prior to going under contract.

In the last 12 months, 15 de la Bahia condos have sold.  Sales prices ranged from $169,000 up to $322,500.  The average sales price was $243,733 which works out to $301.09 per sq. ft. of living area.  These condos sold for an average of 96% of the list price. And, they went under contract in an average of 65 days after going on the market.

View the last de la Bahia waterfront condos market report here!

About the de la Bahia Community in Stuart FL:

De la Bahia real estate in Stuart Florida
Google Earth image

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath, and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, and Water.

De la Bahia real estate in Stuart Florida
Google Earth image

This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

De la Bahia real estate in Stuart Florida

The de la Bahia condominium complex is made up of 303 attractive and desirable residences.  231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock.  Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

de la Bahia Waterfront Condos
de la Bahia Waterfront Condos

Additional de la Bahia information:

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

de la Bahia Waterfront Condos

The Yacht Club has monthly meetings with guest speakers, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials.  In the past few years, the association has sponsored a 3 to 5-day cruise in January. Membership is open to de la Bahia renters and owners only.  Boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

For more Stuart Florida area real estate information contact Nicole Bertke or search for properties at PineappleGroupFL.com

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

De La Bahia Real Estate Market Report March 2024