Florida Single Family Homes February 2022 Market Report

03.18.22 by

Florida Single Family Homes February 2022 Market Report

The Florida Single Family Home market activity had slightly lower sales volume compared to last February.  We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  I don’t really see any quick turnaround until the inventory starts to increase. Closed sales were down by 1.2% (were up by 1.4% in January). New sales under contract (new pending sales) were down by 12.6% (were down by 9.4% in January).

Prices continue to rise.  The median sales price rose by 21.1% (it was up by 23.0% in January). And, the average sales price was up by 16.9% (it was up by 16.7% last month).

The inventory of available homes for sale decreased by 24.1% from last year.  This represents only a 0.9 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (February 2021 had a 1.3 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes February 2022 Market Report

Click here to 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 2022 Market Report

 

Sugar Hill Jensen Beach March 2022 Market Report

03.16.22 by

Sugar Hill Jensen Beach March 2022 Market Report

As of March 2022, 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.

There have been 6 Sugar Hill homes sold in the past 12 months.  Sales prices ranged from $625,000 up to $1,350,000.  This works out to an average sales price of $843,667 which is $253.24 per sq. ft. of living area.  Sales averaged 98% of the list price and averaged 52 days on market prior to going under contract.

Click here to view previous Sugar Hill market reports.

About Sugar Hill in Jensen Beach Florida:

Sugar Hill 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 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 Gabe Sanders or search for properties at GabeSanders.com

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

Sugar Hill Jensen Beach March 2022 Market Report

Westwood Country Estates March 2022 Market Report

03.13.22 by

Westwood Country Estates March 2022 Market Report

As of March 2021, there are no homes available to purchase in Westwood Country Estates in Palm City, FL.

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

There has only been 1 home sold in the past 12 months in Westwood Country Estates.  The sales price was $755,000 which is equal to $260.26 per sq. ft. of living area.  This sale was for 95% of the list price. And, went under contract in 18 days after going on the market.

View previous Westwood Country Estates market reports here

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, that 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!

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 it’s 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 March 2022 Market Report

Moon River Jensen Beach March 2022 Market Report

03.12.22 by

Moon River Jensen Beach March 2022 Market Report

As of early March 2022, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

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

There have been 2 homes sold in the past 12 months in Moon River.  The sales prices were $379,000 and $500,000. This is an average sales price of $437,500 which equals $206.43 per sq. ft. of living area. These homes sold for an average of 100% of the list price and were on the market for an average of 3 days before going under contract.

Click here to view recent Moon River market reports!

About Moon River in Jensen Beach Florida:

Moon River in Jensen Beach Florida
Google Earth image

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 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 of 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 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 in Jensen Beach on Hutchinson Island

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

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 September 2019 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 Jensen Beach March 2022 Market Report

Lake Grove March 2022 Market Report

03.11.22 by

Lake Grove March 2022 Market Report

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

There are also no homes currently under contract in Lake Grove.

In the past 12 months, 8 Lake Grove homes have sold. Sale prices ranged from $585,000 up to $842,500.  This is an average sale price of $693,813 which equals $268.73 per sq. ft. of living area.  These homes averaged 15 days on the market prior to going under contract and sold for an average of 97% of the list price.

Click here to view recent Lake Grove market reports!

About Lake Grove in Palm City FL:

Lake Grove in Palm City Florida
Google Earth image

Lake Grove homes for sale:

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 sizes 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.

Recently sold Lake Grove homes:

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 in Palm City Florida
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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 Gabe Sanders or search for properties at GabeSanders.com

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

Lake Grove March 2022 Market Report

The Pines and Windemere Real Estate Market Update March 2022

03.09.22 by

The Pines and Windemere Real Estate Market Update March 2022

For March 2022, there are no homes available for sale in the Pines and Windemere communities in Jensen Beach FL.

4 homes are currently under contract and awaiting settlement.  List prices ranged from a low of $400,000 to a high of $799,000.  This works out to an average list price of $596,975 or $262.66 per sq. ft. of living area.  These homes averaged only 5 days on the market before going under contract.

In the past 12 months, 36 homes have been sold in the Pines and Windemere.  Sales prices ranged from a low of $385,000 up to a high of $690,000. This equals an average sales price of $507,286 which equals $235.40 per sq. ft. of living area.  These homes were on the market for an average of 12 days before going under contract and sold for an average of 100% of list price.

Click here to view previous Pines and Windemere market reports.

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 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, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

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.  D.R. Horton has recently completed building brand new homes in both the Pines and Windemere subdivisions at some very affordable prices.

Neither the Pines or 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 and making 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 Gabe Sanders or search for properties at GabeSanders.com

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

The Pines and Windemere Real Estate Market Update March 2022

de la Bahia Waterfront Condos March 2022 Market Report

03.04.22 by

de la Bahia Waterfront Condos March 2022 Market Report

For March 2022, there are 2 condos available for sale in de la Bahia in Stuart FL. The list prices are $259,900 and $299,900. This works out to an average list price of $279,900 which equals $326.53 per sq. ft. of living area.

There are also 2 condos currently under contract.  The list prices were $315,000 and $349,000. This is an average list price of $332,000 or $302.92 per sq. ft. of living area.  These condos were on the market for an average of 11 days prior to going under contract.

In the last 12 months, 19 de la Bahia condos have sold.  Sales prices ranged from $130,000 up to $315,000.  The average sales price was $189,195 which works out to $221.43 per sq. ft. of living area.  These condos sold for an average of 98% of the list price and went under contract in an average of 16 days on the market.

View previous de la Bahia waterfront condos market reports here

About the de la Bahia Community in Stuart FL:

De la Bahia in Stuart Florida
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De la Bahia condos for sale:

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.

Recent De la Bahia condo sales:

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 in Stuart Florida
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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 Waterfront Condos

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

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 a guest speaker, 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 Gabe Sanders or search for properties at GabeSanders.com

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

de la Bahia Waterfront Condos March 2022 Market Report

Gabe’s March 2022 House Calls Real Estate Newsletter

03.01.22 by

Gabe’s March 2022 House Calls Real Estate Newsletter

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

Gabe's March 2022 House Calls Real Estate Newsletter
House Calls Newsletter Download

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

Click Here to View Previous House Calls Newsletter Posts

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Recent House Calls Newsletters:

Gabe’s February 2022 House Calls Real Estate Newsletter

The Preserve of Hobe Sound February 2022 Market Report

02.28.22 by

The Preserve of Hobe Sound February 2022 Market Report

For February 2022, there is 1 home on the market in the Preserve of Hobe Sound.  The list price is $499,900 which is $247.84 per sq. ft. of living area.

There is also 1 home currently under contract. The list price was $479,000 or $237.48 per sq. ft. of living area.  This home was on the market for 4 days before going under contract.

In the past 12 months, 13 homes have sold in the Preserve.  Sales prices ranged from $329,000 up to $475,000.  This works out to an average sales price of $400,185 which equals $198.41 per sq. ft. of living area.  These homes averaged 13 days on the market before going under contract and sold for an average of 99% of the list price.

Click here to view recent Preserve market reports!

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound
Google Earth image
The Preserve homes for sale:

The Preserve of Hobe Sound is a DiVosta built community that was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two-car garage.  The garages come in both front and side entrance varieties.

This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded local residents.

The Preserve of Hobe Sound

This is a gated community with a very attractive waterfall lake entrance.  Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course.  All ages are welcome and up to two large pets are permitted.  The community offers a heated pool, two tennis courts and two bocce ball courts along with a small clubhouse.  Low HOA cover landscaping (front of home) as well as the common areas, basic cable TV, management fees and trash pickup.

Recent sales in the Preserve:

Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.

This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.

The Preserve of Hobe Sound
Google Earth image

There are also excellent medical facilities close by as well as restaurants and shopping.  A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.

  • The Preserve of Hobe Sound
  • The Preserve of Hobe Sound

Search here for any available Preserve Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

The Preserve of Hobe Sound August 2021 Market Report

Cabana Point February 2022 Market Report

02.27.22 by

Cabana Point February 2022 Market Report

There are no homes for sale in the Cabana Point community of Stuart Florida in February 2022.

There are also no homes currently under contract.

In the past 12 months, there have been 5 sales in Cabana Point. Sales prices ranged from $350,000 up to $1,100,000. This works out to an average sales price of $590,960 which is $308.17 per sq. ft. of living area. These homes averaged 59 days on the market before going under contract and sold for an average of 99% of the list price.

Click here to view recent Cabana Point market reports!

About Cabana Point in Stuart Florida:

A Stuart FL waterfront community.

Cabana Point in Stuart Florida
Google Earth image

Cabana Point homes for sale:

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

Cabana Point in Stuart Florida
Google Earth image

Recently sold homes in Cabana Point:

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

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

Cabana Point in Stuart FL

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

Stuart FL Real Estate is presented by:
the Gabe Sanders Realty team

Cabana Point February 2021 Market Report

St Lucie County Townhouses and Condos January 2022 Market Report

02.26.22 by

St Lucie County Townhouses and Condos January 2022 Market Report

The St Lucie County Townhouses and Condos market had slightly better sales activity when compared to last January. This is impressive considering the unprecedented low inventory in this market. Closed sales were up by 1.0% from last year (were down by 20.3% in December). New pending sales were down by 4.8% for January (they were down by 19.8% last month).

Prices continued to rise in January. The median price increased by 7.2% from last year (was down by 5.5% in December) and the average sales price increased by 21.7% (was up by 21.7 % in December).

The inventory of available townhouses and condos decreased by 10 units from last month to 136 residences. This is 60.5% less inventory than we had in January 2021. The current inventory supply is 1.0 months, as compared to 3.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

Watersong Oceanfront Market Report February 2022

02.26.22 by

Watersong Oceanfront Market Report February 2022

There are 2 vacant lots and no single-family homes available to purchase in the Watersong Oceanfront community on Hutchinson Island.

Vacant Lots:

List prices for the lots range from $650,000 up to $1,100,000 which is an average list price of $875,000.

There are 4 lots currently under contract in Watersong. List prices ranged from $225,000 up to $635,000. This equals an average list price of $335,000.

In the past 12 months, there have been 14 lot sales in Watersong.  The sales prices ranged from $150,000 up to $762,000.  The average sales price was $412,929.  These lots went under contract in an average of 73 days on the market and sold for 93% of the list price.

Homes:

There is 1 home currently under contract. The list price was $2,950,000 or $667.72 per sq. ft. of living area.   This home was on the market for 6 days before going under contract.

In the past 12 months, 4 homes have sold in Watersong.  Sales prices ranged from $595,000 up to $2,195,000. This equals an average sales price of $1,410,000 which works out to $390.65 per sq. ft. of living area.   These homes averaged 125 days on the market before going under contract and sold for an average of 80% of list price.

About the Watersong Oceanfront Community on Hutchinson Island

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

Watersong homes for sale:

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

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

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

Recent Watersong home sales:

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

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

Watersong on Hutchinson Island in Fort Pierce Florida
Google Earth image

Search for Watersong Oceanfront Homes for Sale

Search for Watersong Oceanfront Lots for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Watersong Oceanfront Market Report February 2022

St Lucie County Single Family Homes January 2022 Market Report

02.25.22 by

St Lucie County Single Family Homes January 2022 Market Report

The January 2022, St Lucie County Single Family Home market had improved sales activity when compared to last year. This is pretty impressive when you consider the extremely low inventory of available homes available for purchase. Closed sales were up by 15.6% for the month compared to last year (in December they were up by 24.2%). New sales under contract (new pending sales) increased by 3.8% (they were down by 0.5% last month).

Prices were also up in January.  The median sales price was up by 30.0% (was up by 24.3% in December).  The average sales price was up by 29.7% (it was up by 31.0% in December).

The number of available home listings decreased by 30 homes to 595.  This inventory is 39.8% less than last year.  The current supply of homes is only 1.0 months (it was 1.8 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2022 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 January 2022 Market Report

Heritage Ridge Market Report for February 2022

02.25.22 by

Heritage Ridge Market Report for February 2022

As of February 2022, there are 6 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $135,000 up to $249,900.  This is an average list price of $188,800 which equals $176.01 per sq. ft. of living area.

There are 9 homes currently under contract.  These homes were on the market with list prices from $149,000 up to $308,000.  This works out to an average list price of $237,867 or $211.18 per sq. ft. of living area.  These properties averaged 13 days on the market before going under contract.

In the past 12 months, there have been 185 sales in Heritage Ridge.  Sales prices ranged from $55,100 up to $435,000.  This equals an average sales price of $198,707 which works out to $154.99 per sq. ft. of living area.  These homes were on the market for an average of 27 days before going under contract and sold for an average of 97% of the list price.

Click here to view recent Heritage Ridge market reports!

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound Florida
Google Earth image

Heritage Ridge homes for sale:

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

Heritage Ridge in Hobe Sound Florida
Google Earth image

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

Recent Heritage Ridge sales:

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

Heritage Ridge in Hobe Sound

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

Heritage Ridge in Hobe Sound

Click here to search for available homes in Heritage Ridge

Click here to search for available condos in Heritage Ridge

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Heritage Ridge Market Report for February 2022

Martin County Townhouses and Condos January 2022 Market Report

02.24.22 by

Martin County Townhouses and Condos January 2022 Market Report

The Martin County Townhouses and Condos had stronger sales volume compared to last January. This is quite surprising considering the extremely low inventory of available homes. Closed sales for the month were up by 23.6%.  They were down by 1.7% in December.  New sales under contract (new pending sales) were down by 28.7% from last year.  They were up by 1.1% in December.

Prices continued to rise for January.  The median sales price increased by 18.5% (was up by 28.0% last month). While the average sales price increased by 27.4% (was up by 14.1% in December).

The inventory of available townhouses and condos decreased by 50 units to 93 properties.  This is a 66.3% smaller supply of inventory than we had in January 2021.  Currently, there’s a 0.8 months supply of inventory (compared to 2.7 months for January 2022).  We remain in a very extreme seller’s 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.

Martin County Townhouses and Condos January 2022 Market Report
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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 January 2022 Market Report

Holly Creek February 2022 Market Report

02.24.22 by

Holly Creek February 2022 Market Report

For February 2022, there is 1 home for sale in Holly Creek in Jensen Beach FL at this time.  The list price is $349,000 which equals $272.02 per sq. ft. of living area.

There are 2 homes currently under contract in Holly Creek.  List prices were $238,000 and $420,000. This is an average list price of $329,000 or $209.79 per sq. ft. of living area.  These homes were on the market for an average of 10 days before going under contract.

In the past 12 months, 16 homes and townhomes have sold in Holly Creek. Sales prices ranged from $215,000 up to $435,000.  This works out to an average sale price of $299,356 which is $190.72 per sq. ft. of living area. These homes averaged 49 days on the market before going under contract and sold for an average of 97% of the listed price.

Click here to view recent Holly Creek market reports!

About Holly Creek in Jensen Beach FL:

Holly Creek in Jensen Beach FL
Google Earth image

Holly Creek homes for sale:

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

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

Recent Holly Creek sales:

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

Holly Creek in Jensen Beach FL

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

Holly Creek in Jensen Beach FL
Google Earth image

Search for Holly Creek Homes and Town Homes for Sale

the Gabe Sanders real estate team Jensen Beach Florida Real Estate

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

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Holly Creek February 2022 Market Report

Martin County Single Family Homes January 2022 Market Report

02.23.22 by

Martin County Single Family Homes January 2022 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last January. We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were down by 18.4% from last year (were down by 19.8% in December).  While new pending sales decreased by 31.9% as compared to last year (decreased by 11.8% last month).

Prices were up for January.  The median sales price increased from last year by 16.3% (it was up by 42.4% in December) while the average sales price increased by 42.1% (up by 54.1% last month).

The inventory of available single-family homes decreased by 23 homes from last month to only 152 homes. This is 62.3% less inventory than last January.  The current supply of homes is only 0.7 months.  For January of last year, it was a 1.8 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes January 2022 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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

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

Martin County Single Family Homes January 2022 Market Report

Florida Townhouses and Condos January 2022 Market Report

02.22.22 by

Florida Townhouses and Condos January 2022 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. We need to be aware that we remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were up by 6.7% as compared to last month’s increase of 5.4%.  New sales under contract (new pending sales) decreased by 7.3% (In December, a 5.9% increase).

Prices continued to rise in January.  The median sales price was up by 23.9% (was up by 19.9% in December). While the average sales price increased by 19.6% (was up 22.4% in December).

The inventory of active listings decreased by 58.0% from January of last year.  This results in 1.2 months supply of inventory as compared to 3.9 months for January 2021.  Remaining 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.

Florida Townhouses and Condos January 2022 Market Report

Click here to view the full report!

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

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 Townhouses and Condos January 2022 Market Report

Florida Single Family Homes January 2022 Market Report

02.21.22 by

Florida Single Family Homes January 2022 Market Report

The Florida Single Family Home market activity had slightly better sales volume compared to last January.  We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were up by 1.4% (were down by 1.6% in December). New sales under contract (new pending sales) were down by 9.4% (were up by 4.2% in December).

Prices continue to rise.  The median sales price rose by 23.0% (it was up by 21.0% in December). And, the average sales price was up by 16.7% (it was up by 19.0% last month).

The inventory of available homes for sale decreased by 31.3% from last year.  This represents only a 1.0 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (January 2021 had a 1.6 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes January 2022 Market Report

Click here to view the full report!

Recent Florida Market Report Posts:

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

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

Florida Single Family Homes January 2022 Market Report

 

Mariner Sands February 2022 Market Report

02.16.22 by

Mariner Sands February 2022 Market Report

For February 2022, there are no properties available to purchase in Mariner Sands in Stuart and adjacent to Hobe Sound FL.

There are 3 homes under contract (pending) which have not completed the sales process to date.  The list prices ranged from $925,000 up to $995,000.  This works out to an average list price of $956,633 or $285.43 per sq. ft. of living area.  These homes averaged 29 days on market prior to going under contract.

In the past 12 months, 69 Mariner Sands homes have sold.  Sales prices ranged from $108,000 up to $1,000,000.  This equals an average sales price of $481,583 which is $180.48 per sq. ft. of living area.  These homes averaged 60 days on the market before going under contract and sold for an average of 98% of the list price.

Click here to view recent Mariner Sands market reports!

About the Mariner Sands Golf & Country Club:

Mariner Sands
Image courtesy of Google Earth

Mariner Sands real estate:

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

Mariner Sands in Stuart Florida
Google Earth image

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

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

Recent sales in Mariner Sands:

More Mariner Sands info:

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

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

Mariner Sands in Stuart Florida
Google Earth image

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

entrance to Mariner Sands Golf Club

 Search for Mariner Sands Golf Club Homes for Sale

Search for Mariner Sands Condos for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Mariner Sands February 2022 Market Report