Martin County Single Family Homes August 2023 Market Report

09.23.23 by

Martin County Single Family Homes August 2023 Market Report

The Martin County Single Family Homes Market Report showed weaker closed activity compared to last year. As we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Even the inventory declined for August. This is the first decline in over a year. Closed sales were down by 12.3% from last year (they were up by 25.0% in July). At the same time, new pending sales decreased by 15.7% compared to last year (which decreased by 6.4% last month).

Prices were down for August as compared to last year.  The median sales price decreased from last year by 12.9% (up by 8.0% in July) while the average sales price decreased by 7.8% (up by 44.0% last month).

The inventory of available single-family homes decreased by 11 homes to 462. This is a 5.7% smaller inventory than last August.  The current supply of homes is 2.9 months.  For August of last year, it was 2.6 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 August 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 August 2023 Market Report

Moon River Real Estate Market Report September 2023

09.23.23 by

Moon River Real Estate Market Report September 2023

As of early September 2023, there is 1 home for sale in Moon River on Hutchinson Island in Jensen Beach FL. The list price is $749,900 which equals $311.03 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There has been 1 Moon River home sale in the past 12 months. The sales price was $450,000 or $306.33 per sq. ft. of living area. This home was on the market for 7 days prior to going under contract. And, it sold for 101% 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
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Moon River homes for sale:

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
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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 actually offering covered parking for up to 4 cars. 

Recent sales in Moon River:

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 September 2023 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 September 2023

Florida Townhouses and Condos August 2023 Market Report

09.22.23 by

Florida Townhouses and Condos August 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.2% compared to last month’s decrease of 9.4%.  New sales under contract (new pending sales) decreased by 11.0% (In July, there was a 4.8% decrease).

Prices were up for August compared to last year. The median sales price was up by 6.2% for August (was up by 4.6% in July). And the average sales price increased by 10.8% (was up by 3.9% in July).

The inventory of active listings increased by 30.6% from August last year.  This results in a 3.8-month supply of inventory as compared to 2.2 months for August 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-month 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 August 2023 Market Report
Florida Townhouses and Condos August 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 August 2023 Market Report

Florida Single Family Homes August 2023 Market Report

09.21.23 by

Florida Single Family Homes August 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year. After numerous months of rising inventory, August showed unchanged numbers. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.9% (were down by 6.4% in July). New sales under contract (new pending sales) were down by 11.7% (were down by 0.8% in July).

Prices increased slightly for August when compared to last year.  The (year-to-year) median sales price was up by 2.0% (it was up by 0.7% in July). And, the average sales price was up by 3.7% (it was up by 2.2% last month).

The inventory of available homes for sale increased by only 0.2% from last year.  This represents a 3.0-month supply of inventory (August 2022 had a 2.4-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 August 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 August 2023 Market Report

 

Bay Pointe Real Estate Market Report September 2023

09.21.23 by

Bay Pointe Real Estate Market Report September 2023

There are no homes for sale in the Bay Pointe community in Palm City FL for September 2023.

There are also no Bay Pointe homes currently under contract.

In the past 12 months, only 1 Bay Pointe home has sold.  The sales price was $3,200,000 which is $702.06 per sq. ft. of living space.  This home was on the market for 12 days before going under contract. And, they sold for 92% 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
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Bay Pointe homes for sale:

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.


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.

Recently sold homes in Bay Pointe:


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
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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 September 2023

The Pines and Windemere Real Estate Market Report September 2023

09.16.23 by

The Pines and Windemere Real Estate Market Report September 2023

For September 2023, there are 4 homes available for sale in the Pines and Windemere communities in Jensen Beach FL. The list prices range from a low of $550,000 to a high of $999,999.  This is an average list price of $731,000 which equals $293.79 per sq. ft. of living area.

There are 5 Pines and Windemere homes currently under contract and awaiting settlement.  The list prices ranged from $525,000 up to $847,000. This works out to an average list price of $676,200 or $305.05 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, 26 Pines and Windemere homes have sold.  Sales prices ranged from a low of $440,000 up to a high of $779,000. This equals an average sales price of $604,835 which equals $285.84 per sq. ft. of living area.  These homes were on the market for an average of 45 days before going under contract. And, they sold for an average of 98% 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

The Pines and Windemere homes for sale:

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”.

Recent sales in the Pines and Windemere:

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 September 2023

Plantation at Sewalls Point September 2023 Market Report

09.13.23 by

Plantation at Sewalls Point September 2023 Market Report

For September 2023, there are no homes available for sale in the Plantation at Sewalls Point.

There are also no homes under contract at the present time.

In the past 12 months, only 1 Plantation at Sewalls Point home has sold. The sales price was $11,750,000 or $894.35 per sq. ft. of living area. This home was on the market for 184 days before going under contract. And, it sold for 98% of the list price.

Click here to view the previous Plantation at Sewalls Point market reports

About Plantation at Sewalls Point:

Plantation at Sewalls Point real estate
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Sewalls Point Homes for Sale:

The Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate-sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  There are 11 smaller non-waterfront home sites on 1/2 to 1-acre sites.  All homes were custom-built by individual contractors/builders from 1994 to the early 2000’s.

Recent sales in the Plantation at Sewalls Point:

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping, and all of this within an ‘A’ rated school system.

Plantation at Sewalls Point real estate

The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Search here for homes for sale in the Plantation at Sewalls Point, Florida

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.

Plantation at Sewalls Point September 2023 Market Report

Willoughby Cay Real Estate Market Report September 2023

09.08.23 by

Willoughby Cay Real Estate Market Report September 2023

As of September 2023, there are no homes for sale in Willoughby Cay in Stuart FL.

There are also no Willoughby Cay homes currently under contract.

In the past 12 months, 3 Willoughby Cay homes have sold.  Sales prices ranged from $335,000 up to $434,500. This works out to an average sales price of $385,500 which equals $255.64 per sq. ft. of living area.  These homes averaged 52 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here to view the previous Willoughby Cay market report!

About Willoughby Cay in Stuart FL:

Willoughby Cay in Stuart FL
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Willoughby Cay homes for sale:

Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attached villas each (for a total of 102 residences).  However, these homes were built from 2002 to 2004 by Showcase Designer Homes.

These homes come in two basic floor plans.  A 2 bedroom, 2 bathroom with a two-car garage with 1,398 sq. ft. of living area and a 3 bedroom (or 2 bedroom plus den), 2 bathroom with 2 car garage featuring 1,547 sq. ft. of living area.

Recent Willoughby Cay sales:

There is no community pool or other amenities in Willoughby Cay.  However, a few homes have their own pools located in the backyards.  Additionally, for those desiring a country club lifestyle, membership is available for the Willoughby Golf Club across the street.

Willoughby Cay is for all ages and is pet-friendly allowing for up to two pets of medium size or smaller.  Additionally, rentals are also allowed with some restrictions.  The current HOA fee (as of September 2019) is $220.00 a month and these funds cover Basic Cable TV, Common Areas, Lawn Care, Management Fees, Roof Maintenance and Trash Pickup.

Willoughby Cay in Stuart FL

Children living in Willoughby Cay are zoned for the Pinewood Elementary School, Dr. David L. Anderson Middle School, and Martin County High School.

This community is conveniently located just minutes away from shopping, restaurants, beaches and boat ramps, medical facilities as well as easy access to I-95 and historic downtown Stuart.

This is a very desirable community where homes coming up for sale tend to sell fast.

Willoughby Cay in Stuart FL

Click here to see available Willoughby Cay homes for sale

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.

Willoughby Cay Real Estate Market Report September 2023

Westwood Country Estates Real Estate Market Report September 2023

09.05.23 by

Westwood Country Estates Real Estate Market Report September 2023

As of September 2023, there are no homes available to purchase in Westwood Country Estates in Palm City, FL.

There are also no Westwood Country Estates homes currently under contract (pending sale).

There have only been 1 Westwood Country Estates home sale in the past 12.  The sales price was $885,000 which is equal to $216.38 per sq. ft. of living area.  This sale was 98% of the last list price. And, went under contract 69 days after going on the market.

View the previous Westwood Country Estates market report!

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida
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Westwood Country Estates homes for sale:

Westwood Country Estates is a wide-open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, which will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates in Palm City Florida

There are only 77 homes in Westwood Country Estates in Palm City Florida. 

Recent Westwood Country Estates sales:

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and its neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates in Palm City Florida

Westwood Country Estates 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.

Westwood Country Estates Real Estate Market Report September 2023

Indian Pines Real Estate Market Report August 2023

08.31.23 by

Indian Pines Real Estate Market Report August 2023

For August 2023, 2 condos are available for purchase in Indian Pines in Stuart FL. The list prices are $209,900 and $279,000. This is an average list price of $244,450 which is $214.51 per square foot of living area.

There are no Indian Pines condos currently under contract.

In the past 12 months, 10 Indian Pines condos have sold.  Sales prices ranged from a low of $155,000 up to a high of $282,000. This is an average sales price of $230,250 which works out to $204.16 per square foot of living area.  These condos averaged 44 days on the market prior to going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Indian Pines market report!

About Indian Pines Condos in Stuart FL:

Indian Pines Condos in Stuart FL
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Indian Pines condos for sale:

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

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

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

Recently sold in Indian Pines:

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

Indian Pines Condos in Stuart FL

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

Indian Pines Condos in Stuart FL

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

Indian Pines Condos in Stuart FL

Check here for any Indian Pines condos that are currently available for sale


View all of our Listings

Recent Market Report Posts:

Stuart FL Real Estate is presented by:
Gabe Sanders, Real Estate of Florida

Indian Pines Real Estate Market Report August 2023

Highlands Reserve Real Estate Market Report August 2023

08.30.23 by

Highlands Reserve Real Estate Market Report August 2023

There are currently 3 homes available for sale in Highlands Reserve in Palm City, Florida. List prices range from $650,000 up to $1,100,000. This is an average list price of $833,000 or $231.56 per square foot of living area.

There is 1 Highlands Reserve home under contract at this time. The list price was $565,000 which is $292.44 per square foot of living area. This home was on the market for 10 days before going under contract.

In the past 12 months, 12 Highlands Reserve homes have sold. Sales prices ranged from $505,000 up to $1,215,000. This is an average sales price of $739,583 which equals $255.89 per square foot of living area.  These homes averaged 27 days on the market prior to going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Highlands Reserve market report!

About Highlands Reserve in Palm City FL:

Highlands Reserve in Palm City FL
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Homes for sale in Highlands Reserve:

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

Highlands Reserve in Palm City FL
Google Earth image

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

Recent Highlands Reserve sales:

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

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

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

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

Search for Highlands Reserve 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.

Recent Market Reports

Highlands Reserve Real Estate Market Report August 2023

VilaBella Real Estate Market Report August 2023

08.29.23 by

VilaBella Real Estate Market Report August 2023


For August 2023, there are no townhome condos for sale in the VilaBella community of Stuart, FL.

There is 1 Vilabella home currently under contract. The list price was $330,000 or $228.69 per sq. ft. of living area. This home was on the market for 130 days before going under contract.

In the past 12 months, 18 VilaBella townhomes have sold. Sales prices ranged from $230,000 up to $363,000. This works out to an average sales price of $297,893 which equals $217.68 per sq. ft. of living area.  These homes sold for an average of 92% of the list price. And, they were on the market for an average of 129 days before going under contract.

Click here to view the previous VilaBella market report!

About Vilabella in Stuart FL:

Vilabella in Stuart FL

Vilabella homes for sale:

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

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

Vilabella townhomes in Stuart FL

Recent Vilabella sales:

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

Vilabella in Stuart FL

Search here for Vilabella Townhomes for Sale

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

Recent Market Report Posts:

VilaBella Real Estate Market Report August 2023

Florida Townhouses and Condos July 2023 Market Report

08.28.23 by

Florida Townhouses and Condos July 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 9.4% compared to last month’s decrease of 11.0%.  New sales under contract (new pending sales) decreased by 4.8% (In June, there was an 3.6% decrease).

Prices were up slightly for July compared to last year. The median sales price was up by 4.6% for July (was unchanged at 0.0% in June). And the average sales price increased by 3.9% (was down 1.9% in June).

The inventory of active listings increased by 71.4% from July last year.  This results in 3.6 months supply of inventory as compared to 2.1 months for July 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-month 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 July 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 July 2023 Market Report

Florida Single Family Homes July 2023 Market Report

08.27.23 by

Florida Single Family Homes July 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year. The inventory numbers are rising (though at a reduced rate from previous months). We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 6.4% (were down by 7.9% in June). New sales under contract (new pending sales) were down by 0.8% (were down by 3.2% in June).

Prices increased slightly for July when compared to last year.  The (year-to-year) median sales price was up by 0.7% (it was unchanged at 0.0% in June). And, the average sales price was up by 2.2% (it was down by 0.9% last month).

The inventory of available homes for sale increased by 27.3% from last year.  This represents a 2.8 months supply of inventory (July 2022 had a 2.2 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 July 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 July 2023 Market Report

 

Duckwood Real Estate Market Report August 2023

08.27.23 by

Duckwood Real Estate Market Report August 2023

For August 2023, there are no homes for sale in the Duckwood community in Stuart FL.

There are 2 homes currently under contract. The list prices were $349,000 and $406,999. This works out to an average list price of $378,000 or $246.97 per sq. ft. of living area. These homes were on the market for an average of 38 days before going under contract.

In the past 12 months, 7 Duckwood homes have sold.  Sales prices ranged from a low of $280,000 up to a high of $411,500.  This is an average sales price of $332,071 which works out to $212.72 per sq. ft. of living area.  These homes were on the market for an average of 86 days before going under contract. And, they sold for an average of 93% of the list price.

Click here to view the previous Duckwood market report!

 About Duckwood in Stuart FL:

Duckwood real estate in Stuart FL

Duckwood homes for sale:

The Duckwood community of Stuart FL is an active senior community in the southern part of unincorporated Stuart, just south of Cove Rd and west of US-1 (Federal Highway) adjacent to the Summerfield community and the Champions Golf Club.

Duckwood has 140 single family homes of various sizes and shapes ranging from just over 2,000 sq. ft. with 3 bedrooms and 2 bathrooms down to under 1,000 sq. ft. of living area with 2 bedrooms and 2 bathrooms.  Homes in Duckwood were built between 1986 and 1990.

Recently sold in Duckwood:

Duckwood is one of Stuart’s most sought-after 55+ communities! This community features a wonderful clubhouse on the lake with a community pool, billiard room, hobby shop, bocce ball & shuffleboard! Set among the tall pines, Duckwood offers the privacy & feel of country living, all within minutes of shopping, I-95 & the beaches! You will feel like you have stepped back in time with Duckwood’s neighborhood feel! This comes with a low HOA fee of $103 a month (as of July 2016).  Pets and rentals are permitted with some restrictions.

Duckwood real estate in Stuart FL

Click here to see if any Duckwood homes are available to purchase

Duckwood homes for sale in Stuart FL

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.

Duckwood Real Estate Market Report August 2023

St Lucie County Townhouses and Condos July 2023 Market Report

08.26.23 by

St Lucie County Townhouses and Condos July 2023 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year though there are some encouraging pending sales numbers as well as a nice increase in sales inventory. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.1% from last year (were down by 8.9% in June). New pending sales were up by 20.4% (they were up by 20.2% last month).

Prices were up for July. The median price decreased by 9.5% from last year (was up by 11.8% in June) and the average sales price increased by 1.2% (was up by 3.7% in June).

The available townhouses and condos inventory decreased by 22 units from last month to 373 residences. This is a 114.3% greater inventory than we had in July 2022. The current inventory supply is 4.5 months, as compared to 2.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. 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 July 2023 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Townhouses and Condos July 2023 Market Report

Islander 12 Real Estate Market Report August 2023

08.26.23 by

Islander 12 Real Estate Market Report August 2023

For August 2021, there are no condos available for sale in the Islander 12 condo community of Hutchinson Island in Stuart FL.

There are also no Islander 12 condos currently under contract.

In the past 12 months, there have been 2 Islander 12 sales.  The sales prices were $500,000 and $587,000. This is an average sales price of $543,500 or $437.50 per sq. ft. of living area.  These condos were on the market for an average of 42 days before going under contract.  And, they sold for an average of 94% of the last list price.

Click here to view recent Islander 12 market reports!

About the Islander 12 Condos on Hutchinson Island:

Islander 12 condos on Hutchinson Island in Stuart FL
Google Earth image

View Hutchinson Island Condos for sale in Martin County FL:

The Islander 12 Condos of Hutchinson Island in Stuart FL is a small condo community of only 12 units built in 1973.  This direct Ocean access condo community features 2 bedrooms, 2 bath condos varying in sizes from 1,360 sq. ft. to 1,108 sq. ft. of living area.

Islander 12 Condos on Hutchinson Island

The Islander 12 has direct Ocean access across the Dunes and a heated pool.  Each unit has under-building parking for 1 car with additional uncovered spaces for guests or additional vehicles.

View recent Islander 12 sales:

This is a pet-friendly building and rentals are also allowed. 

Located close to the Stuart Causeway, Publix supermarket, and downtown Stuart. Those looking for a smaller neighborly condo building that is in a really excellent location, the Islander 12 condo community may be the perfect choice.

Search here for any Islander 12 Condos for Sale in Stuart FL

Islander 12 condos for sale on Hutchinson Island in Stuart FL

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

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.

Islander 12 Real Estate Market Report August 2023

St Lucie County Single Family Homes July 2023 Market Report

08.25.23 by

St Lucie County Single Family Homes July 2023 Market Report

The July 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. The inventory of homes for sale decreased in June and we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 8.4% for the month compared to last year (in June they were down by 9.4%). New sales under contract (new pending sales) decreased by 3.5% (they were down by 3.2% last month).

Prices were mixed and with very little changes for July compared to last year.  The median sales price was down by 1.8% (was down by 2.3% in June).  The average sales price was up by 0.1% (it was up by 0.6% in June).

The number of available homes for sale decreased by 84 homes to 1,219 units.  This inventory is 8.7% larger than last year.  The current supply of homes is 2.5 months (it was 2.3 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Single Family Homes July 2023 Market Report

Martin County Townhouses and Condos July 2023 Market Report

08.24.23 by

Martin County Townhouses and Condos July 2023 Market Report

The Martin County Townhouses and Condos real estate market showed better-closed activity than last year. Even as we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 30.8%.  They were up by 10.1% in June.  New sales under contract (new pending sales) were up by 2.2% from last year.  They were up by 35.6% in June.

Prices, also, continued to increase for July.  The median sales price increased by 2.9% (was up by 5.5% last month). And, the average sales price increased by 42.1% (was up by 8.3% in June).

The available townhouses and condos inventory decreased by 7 units to 280 properties.  This is a 55.0% greater supply of inventory than we had in July 2022.  Currently, there’s a 3.1 months supply of inventory (compared to 2.0 months for July 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 July 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 July 2023 Market Report

Oceana South Real Estate Market Report August 2023

08.24.23 by

Oceana South Real Estate Market Report August 2023

As of August 2023, there is 1 condo for sale in Oceana South on Hutchinson Island in Jensen Beach FL.  This condo is listed for $474,900 which is $464.22 per sq. ft. of living area.

There is also 1 Oceana South condo currently under contract. The list price was $399,900 or $390.91 per sq. ft. of living area. This condo was on the market for 56 days before going under contract.

In the past 12 months, 3 Oceana South condos have sold.  Sales prices ranged from $385,000 up to $468,000.  This works out to an average sales price of $433,667 which equals $441.22 per sq. ft. of living area.  These condos were on the market for an average of 85 days before going under contract. And, sold for an average of 97% of the list price.

Click here to view the previous Oceana South market report!

About the Oceana South Condos on Hutchinson Island in Jensen Beach:

Oceana South Condos on Hutchinson Island in Jensen Beach
Google Earth image

Oceana South condos for sale:

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982.  This is a direct oceanfront building with 126 units in 12 stories.  Oceana South has two pools, Jacuzzi, tennis courts, an exercise room, billiards, a clubhouse, a picnic area, and a car wash, and it is a gated complex with direct access to your own beach.

Recent sales in Oceana South:

Condo sizes vary from corner units with wrap-around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies.  There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area.  One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Condo fees include building insurance, reserve funds, management, and use of all the common areas.  1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum lease duration of three months.

Oceana South Condos in Jensen Beach
Oceana South Condos in Jensen Beach

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

Oceana South condos for sale on Hutchinson Island in Jensen Beach Florida

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 North – Oceana Oceanfront – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Oceana South Real Estate Market Report August 2023