St Lucie County Townhouses and Condos June 2024 Market Report

07.30.24 by

St Lucie County Townhouses and Condos June 2024 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year. Even as we face headwinds with economic uncertainties and higher mortgage rates. Closed sales were down by 29.4% from last year (they were down by 8.1% in May). New pending sales were down by 19.8% (they were down by 28.4% last month).

Prices were higher in June. The median price increased by 18.5% from last year (was down by 2.3% in May) and the average sales price increased by 5.1% (was down by 7.3% in May).

The available townhouses and condos inventory decreased by 22 units from last month to 672 residences. This is a 70.1% greater inventory than we had in June 2023. The current inventory supply is 7.9 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos June 2024 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos June 2024 Market Report

Miles Grant Country Club Real Estate Market Report July 2024

07.30.24 by

Miles Grant Country Club Real Estate Market Report July 2024

For July 2024, there are 14 properties available to purchase in the Miles Grant community of Stuart, FL in Rocky Point. The list prices range from $185,000 up to $559,000. This is an average list price of $316,843 which is $249.62 per sq. ft. of living area.

There are 3 Miles Grant homes and condos currently under contract.  These properties had list prices ranging from $209,000 up to $595,000.  This is an average list price of $332,686 or $265.59 per sq. ft. of living area.  These homes and condos were on the market for an average of 64 days before going under contract.

In the past 12 months, 42 Miles Grant properties have sold.  Sales prices ranged from $145,000 up to $570,000.  This works out to an average sales price of $303,912 which equals $241.27 per sq. ft. of living area.  These homes and condos averaged 61 days on the market before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Miles Grant market report

About Miles Grant Homes and Condos in Stuart FL

Miles Grant Condos in Rocky Point in Stuart Florida
Google Earth image
Miles Grant Condos in Rocky Point in Stuart Florida
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Associated with the Country Club are the condos, townhouses, and homes making up the Miles Grant community.  These include the two phases of the Miles Grant Condominiums Phase 1 and Phase 2, Hanson’s Landing condos, River Pines townhouses, Fairway Villas of Miles Grant, Pine Breeze Golf Villas, Lakeside Villas of Miles Grant, Country Club Apartments, and Country Club Cove.

Most of these homes and condos were built between the years 1973 and 1979. 

Social membership in the Miles Grant Country Club is mandatory except for Hansons Landing, River Pines, and Country Club Cove condos where it is optional.  This membership costs $1480.00 a year with food and drinks a minimum of $350 per person.

Miles Grant Country Club in Rocky Point in Stuart Florida
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Search here for all Miles Grant Condos

Search here for all Miles Grant Homes

Hanson’s Landing Condo Search

River Pines Townhouses Search

Country Club Cove

Miles Grant in Stuart FL

Recent market reports:

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

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

Miles Grant Country Club Real Estate Market Report July 2024

St Lucie County Single Family Homes June 2024 Market Report

07.29.24 by

St Lucie County Single Family Homes June 2024 Market Report

The June 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties and high mortgage rates. Closed sales were down by 12.9% for the month compared to the previous year (in May they were up by 1.6%). New sales under contract (new pending sales) decreased by 5.5% (they were down by 4.1% last month).

Prices were higher for June when compared to last year.  The median sales price was up by 4.7% (was up by 2.6% in May).  The average sales price was up by 1.2% (it was up by 10.2% in May).

The number of available homes for sale increased by 91 homes to 2,153.  This inventory is 89.7% greater than last year.  The current supply of homes is 4.7 months (it was 2.3 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

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

St Lucie County Single Family Homes June 2024 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes June 2024 Market Report

Hobe Sound Golf Club Real Estate Market Report July 2024

07.29.24 by

Hobe Sound Golf Club Real Estate Market Report July 2024

For July 2024, no homes are available for purchase in the Hobe Sound Golf Club.

There are also no Hobe Sound Golf Club homes currently under contract.

In the past 12 months, 2 Hobe Sound Golf Club homes have sold.  The sales prices were $799,000 and $1,110,000.  This works out to an average sales price of $935,000 which equals $351.54 per sq. ft. of living area.  These homes went under contract in an average of 18 days. And, they sold for an average of 98% of the list price.

Click here to view the previous Hobe Sound Golf Club market report

About the Hobe Sound Golf Club:

The Hobe Sound Golf Club in Hobe Sound Florida
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The Hobe Sound Golf Club in Hobe Sound Florida
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The first homes were built in 1988 and now come in sizes from 5-bedroom, 5-bathroom homes with over 5,000 sq. ft. of living area down to a few 2-bedroom, 2-bathroom homes with just around 2,000 sq. ft. of living area.

This is a member-owned golf club and amenities include a full-service clubhouse with a dining room and pro shop.  There’s also an Olympic-sized community swimming pool.  24-hour manned security is also part of this upscale homeowners association.

The Hobe Sound Golf Club in Hobe Sound Florida
Google Earth image

The golf course is a Joe Lee signature course and more information can be had by viewing the Hobe Sound Golf Club website here.

Hobe Sound Golf Club
Search links:

You can see the currently available Hobe Sound Golf Club homes for sale here.

Hobe Sound Golf Club 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.

Hobe Sound Golf Club Real Estate Market Report July 2024

Copperleaf Real Estate Market Report July 2024

07.28.24 by

Copperleaf Real Estate Market Report July 2024

For July 2024, 8 homes are listed for sale in the Copperleaf community of Palm City, Florida. The list prices range from $814,000 up to $2,500,000. This is an average list price of $1,310,706 which equals $393.61 per square foot of living area.

There are no Copperleaf homes currently under contract.

In the past 12 months, 18 Copperleaf homes have sold. Sales prices ranged from $745,000 up to $1,700,000. This equals an average sales price of $1,210,793 or $356.59 per square foot of living area.  Sale prices averaged 95% of the list price. And, these homes were on the market for an average of 89 days before going under contract.

Click here to view the previous Copperleaf market report!

About Copperleaf in Palm City FL:

Copperleaf in Palm City Florida
Google Earth image

Copperleaf in Palm City FL was first developed by Centex Homes with the first homes constructed and sold in 2007. New construction continues to the present now under the name of Pulte Homes. As of this writing, there are 123 homes in Copperleaf. However, construction continues with room for considerably more homes.

Copperleaf in Palm City Florida
Google Earth image

Home sizes range from estate size homes on over ½ an acre with more than 6,000 sq. ft. of living area down to smaller 3 bedroom, 2 bath homes with 2 car (or more) garages of 1,705 sq. ft. Copperleaf is conveniently located close to both Florida’s Turnpike and I-95 yet just minutes to shopping, restaurants and the well-respected schools that Martin County has to offer. Only a few more minutes and you can be on the beach or launch your boat at one of the many boat ramps in the area.

Copperleaf offers a gated community with a manned gate by the beautiful entrance. There’s a clubhouse with exercise facilities, two tennis courts, a community pool, and a playground for the little ones. As of this writing, the Home Owner’s Association fees are $233 per month. These fees cover Basic Cable TV, Manager, Recreational Facilities, Reserve Fund, Security, and Trash pickup.

Copperleaf in Palm City Florida

There are excellent new construction opportunities as well as re-sales available in Copperleaf of Palm City FL. Call us for details.

Copperleaf real estate in Palm City FL

Currently, these homes are available for sale in Copperleaf Palm City

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.

Copperleaf Real Estate Market Report July 2024

Edgewater Villas Real Estate Market Report July 2024

07.27.24 by

Edgewater Villas Real Estate Market Report July 2024

For July 2024, no condos are available for sale in the Edgewater Villas in the downtown area of Stuart Florida.

There are also no Edgewater Villas condos under contract at this time.

In the past 12 months, 4 Edgewater Villas condos have sold. The sales prices ranged from $600,000 up to $729,000. This equals an average sales price of $656,000 which is $420.25 per sq. ft. of living area. These condos sold for an average of 95% of the list price. And, they went under contract in an average of 88 days after being listed.

Click here to view the previous Edgewater Villas market report

About the Edgewater Villas Condominiums:

Edgewater Villas condos in Stuart Florida
Google Earth image

Just west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater Villas Condominiums. This complex consists of two waterfront buildings of four stories on over 2 acres that were built in 1976. These luxury condos come in both 2 or 3-bedroom sizes.  The 2-bedroom units are 1,561 sq. ft. and the 3-bedroom units are 1,684 sq. ft. of air-conditioned living area.  There are only four condos per floor in these buildings.

Edgewater Villas condos in Stuart Florida
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This community offers deep water docks that are just west of the Roosevelt Bridge. There is a large heated pool as well as a clubhouse with a kitchen, a billiard room as well as a common area member’s room. These condos are located next to the City of Stuart docks and mooring fields.

The condo fees include basic cable TV, landscape/lawn, manager, recreation facilities, roof repair, trash and water, and sewer fees. Up to two large pets are permitted for each unit and rentals are allowed with some restrictions.

These Edgewater Villas Condos are very conveniently located and residents can easily walk to downtown Stuart as well as shops, restaurants, and supermarkets on US-1 (Federal Hwy).

Edgewater Villas condos in Stuart Florida
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All ages are welcome in the Edgewater Villas. And, children living here currently attend the JD Parker Elementary School, Stuart Middle School, and Jensen Beach High School.

Edgewater Villas real estate in Stuart FL

Click here to see if any Edgewater Villas Condos are for sale!

Edgewater Villas search

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.

Edgewater Villas Real Estate Market Report July 2024

Martin County Townhouses and Condos June 2024 Market Report

07.26.24 by

Martin County Townhouses and Condos June 2024 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 23.9%.  They were up by 21.1% in May.  New sales under contract (new pending sales) were down 13.1% from last year.  They were down by 18.4% in May.

Prices were down for June.  The median sales price decreased by 5.5% (was down by 1.7% last month). And, the average sales price decreased by 10.2% (was down by 11.6% in May).

The available townhouses and condos inventory decreased by 30 units to 531 properties.  This is an 85.0% greater supply of inventory than we had in June 2023.  Currently, there’s a 6.2-month supply of inventory (compared to 3.3 months for June 2023).  We remain in a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos June 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos June 2024 Market Report

Circle Bay Real Estate Market Report July 2024

07.26.24 by

Circle Bay Real Estate Market Report July 2024

As of July 2024, 8 condos are for sale in the Circle Bay Yacht Club of Stuart FL. The list prices range from $295,000 up to $435,000. This is an average list price of $352,250 which equals $353.06 per sq. ft. of living area.

2 Circle Bay condos are currently under contract. The list prices ranged from $254,900 up to $499,000. This works out to an average list price of $376,950 which is $320.14 per sq. ft. of living space. These condos were on the market for an average of 63 days before going under contract.

In the past 12 months, 17 Circle Bay Waterfront condos have sold. Sales prices ranged from a low of $250,000 up to $525,000. This equals an average sales price of $361,229 which is $319.30 per sq. ft. of living area. These condos sold for an average of 96% of the last listed price. And, they were on the market for an average of 103 days before going under contract.

Click here to view the previous Circle Bay market report

About the Circle Bay Yacht Club Condos in Stuart FL:

Circle Bay Waterfront Condos in Stuart Florida
Google Earth image

The Circle Bay Yacht Club is an active waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access. Docks are not deeded but rather rented at reasonable monthly rates.

Circle Bay Waterfront Condos in Stuart Florida
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There are 295 condos in 14 buildings constructed from 1974 to 1982. Some buildings have elevators. Unit sizes vary from a low of 1 bedroom, 1 & ½ bathroom condos of 751 sq. ft. of living area up to 2 bedroom, 2 bathroom ones with 1,294 sq. ft. Additionally, covered carports are provided as well as ample guest parking.

Circle Bay Waterfront Condos in Stuart Florida
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Heated pools, grills, etc. are some of the numerous amenities available for Circle Bay Yacht Club residents. The clubhouse also boasts a hobby shop with tools available for use by the residents. Rentals are permitted with restrictions. Sorry, no pets are allowed in Circle Bay.  In summary, the condo fees include Basic Cable, Fire-Liability Insurance, Grounds-Plants, Exterior Maintenance, Manager, Pest Control, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water.

Circle Bay Waterfront Condos in Stuart Florida
Circle Bay Waterfront Condos in Stuart Florida

Circle Bay Waterfront Condos for Sale in Stuart Florida

Circle Bay Waterfront Condos for Sale in Stuart Florida

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.

Circle Bay Real Estate Market Report July 2024

Martin County Single Family Homes June 2024 Market Report

07.25.24 by

Martin County Single Family Homes June 2024 Market Report

The Martin County Single Family Homes Market Report showed mixed sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were down by 6.2% from last year (they were down by 0.5% in May). At the same time, new pending sales increased by 8.3% compared to last year (which decreased by 1.6% last month).

Prices were higher for June when compared to last year.  The median sales price increased from last year by 4.4% (down by 9.2% in May) while the average sales price increased by 22.6% (up by 6.1% last month).

The inventory of available single-family homes decreased by 5 homes to 727. This is a 55.7% greater inventory than last June.  The current supply of homes is 4.5 months.  For June of last year, it was 2.9 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 June 2024 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes June 2024 Market Report

Monarch Country Club Real Estate Market Report July 2024

07.25.24 by

Monarch Country Club Real Estate Market Report July 2024

For July 2024, 14 homes are for sale in the Monarch Country Club in Palm City FL. The list prices range from $429,000 up to $1,600,000. This is an average list price of $785,850 which works out to $340.54 per sq. ft. of living space.

Currently, there are 3 Monarch homes under contract. The list prices ranged from $299,900 up to $789,000. This works out to an average list price of $587,667 or $301.53 per sq. ft. of living area. These homes were on the market for an average of 8 days before going under contract.

In the past 12 months, 33 Monarch Country Club homes have sold. Sales prices ranged from a low of $410,000 up to $1,350,000. This equals an average sales price of $683,636 which equals $309.35 per sq. ft. of living space. These homes sold on average for 95% of the list price. And, they were on the market for an average of 54 days before going under contract.

Click here to view the previous Monarch market report

About the Monarch Country Club

Monarch Country Club in Palm City Florida
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One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

Monarch Country Club in Palm City Florida

Homes in the Monarch Country Club range in size from estate-sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms, and a 2 car garage. For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are several social memberships also available including tennis and community pool memberships.

Monarch Country Club in Palm City Florida
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All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities, and the many boat ramps and waterways in Martin County.

About the Golf Club:

The championship course at Monarch boasts a 6,867-yard par 72 with a slope of 133 and a rating of 73.6. Shorter options exist for all levels of play. This is an Arnold Palmer-designed course that opened in 1987 and is currently managed as a ClubCorp facility.

Monarch Country Club in Palm City Florida
Google Earth image

There’s a beautiful clubhouse with a pro shop, fine dining room, snack bar, and outside bar that is open to club members and residents of Monarch Country Club. The two-story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club. This fine facility is also available for business, social conferences, and weddings. Adjacent to the clubhouse is a professional-caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, and tournaments are all accommodated by the friendly staff.

entrance to the Monarch Country Club
Search for Monarch Country Club Homes:

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club Homes for Sale in Palm City FL

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

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

Monarch Country Club Real Estate Market Report July 2024

Florida Townhouses and Condos June 2024 Market Report

07.24.24 by

Florida Townhouses and Condos June 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 20.5% compared to last month’s decrease of 8.6%.  New sales under contract (new pending sales) decreased by 7.9% (In May, there was a 13.8% decrease).

Prices were up for June compared to last year. The median sales price was up by 0.0% for June (also up by 1.5% in May). And the average sales price increased by 2.4% (was up by 3.1% in May).

The inventory of active listings increased by 91.9% from June last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for June 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  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 June 2024 Market Report
Florida Townhouses and Condos June 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos June 2024 Market Report

Mystic Cove Real Estate Market Report July 2024

07.24.24 by

Mystic Cove Real Estate Market Report July 2024

As of July 2024, no homes are available to purchase in the Mystic Cove community of Hobe Sound FL.

Also, no Mystic Cove homes are currently under contract (pending).

In the past 12 months, only 1 Mystic Cove home has sold. The sales price was $1,360,000 or $536.91 per sq. ft. of living area. This home was on the market for 100 days before going under contract. And, it sold for 94% of the last list price.

Click here to view the previous Mystic Cove market report!

About Mystic Cove in Hobe Sound:

Mystic Cove in Hobe Sound
Image courtesy of Google Earth

Mystic Cove in Hobe Sound is a gated community of only 35 lots. As of this writing, there are still 2 vacant lots that have yet to be built upon. This is a waterfront community on the Intracoastal Waterways and just on the east side of Gomez Ave about a half-mile north of Bridge Road (which accesses Jupiter Island and the shores of the crystal clear waters of the Atlantic Ocean.

Mystic Cove in Hobe Sound
Google Earth Image

Mystic Cove has 16 deeded docks available exclusively to owners within the community.  These docks are accessible via a boardwalk through the mango preserve area. These docks may have lifts with electricity and water available. Access to the Ocean is either through the Saint Lucie Inlet in Stuart or the Jupiter Inlet in Jupiter.

The homes in Mystic Cove were built from 1989 to 2008 and range in size from just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to over 3,500 sq. ft. and 4 bedrooms and 4 bathrooms. All of these lots are over one-quarter of an acre with the largest lots just over one-third of an acre.

Mystic Cove in Hobe Sound
Google Earth Image

Children in Mystic Cove are zoned to attend the Hobe Sound Elementary School, Murray Middle School, and South Fork High School.

Mystic Cove

Click on this link to see available homes for sale in Mystic Cove

Homes for sale in Mystic Cove in Hobe Sound

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.

Mystic Cove Real Estate Market Report July 2024

Florida Single Family Homes June 2024 Market Report

07.23.24 by

Florida Single Family Homes June 2024 Market Report

The Florida Single Family Home real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were down by 11.1% (were down by 0.5% in May). New sales under contract (new pending sales) were down by 2.3% (were down by 1.8% in May).

Prices increased for June when compared to last year.  The (year-to-year) median sales price was up by 1.7% (it was up by 1.6% in May). And, the average sales price was up by 4.7% (it was up by 5.0% last month).

The inventory of available homes for sale increased by 60.1% from last year.  This represents a 4.6-month supply of inventory (June 2023 had a 2.8-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered 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 June 2024 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes June 2024 Market Report

 

Egret Pond Real Estate Market Report July 2024

07.23.24 by

Egret Pond Real Estate Market Report July 2024

As of July 2024, 1 home is on the market in the Egret Pond community of the Martin Downs Country Club of Palm City FL. The list price is $359,000 or $228.95 per square foot of living area.

There are no Egret Pond homes currently under contract.

In the past 12 months, 4 Egret Pond homes have been sold in this Martin Downs community. Sales prices ranged from $335,000 to $420,000.  This works out to an average sales price of $367,500 which equals $235.66 per square foot of living area. These homes were on the market for an average of 21 days before going under contract. And, they sold for an average of 96% of the list price.

Click here to view the previous Egret Pond market report

About Egret Pond in Martin Downs:

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

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

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

Egret Pond in Martin Downs
Egret Pond in Martin Downs

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

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

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

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

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

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

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

Egret Pond Real Estate Market Report July 2024

Schooner Oaks Real Estate Market Report July 2024

07.22.24 by

Schooner Oaks Real Estate Market Report July 2024

As of July 2024, 2 homes are for sale in Schooner Oaks in Rocky Point in Stuart, FL. The list prices are $460,000 and $479,000. This equals an average list price of $469,500 or $291.41 per sq. ft. of living area.

There are 3 Schooner Oaks homes under contract at this time. The list prices ranged from $299,000 up to $348,000. This is an average list price of $315,667 which is $199.06 per sq. ft. of living space. These homes average 231 days on the market before going under contract.

In the past 12 months, 7 Schooner Oaks homes have sold. The sales prices ranged from $310,000 up to $1,250,000. This works out to an average sales price of $519,286 which equals $308.53 per sq. ft. of living area. These homes went under contract in an average of 86 days after being listed. And, they sold for an average of 97% of the list price.

Click here to view the previous Schooner Oaks market report!

About Schooner Oaks in Rocky Point:

Schooner Oaks in Rocky Point in Martin County Florida
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The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse-style complex under condo association rules. There are 86 units of varying sizes that were built from 1985 till 1997.

Schooner Oaks in Rocky Point in Martin County Florida
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These townhouses vary from the largest one with 4 bedrooms and 4 bathrooms and 2,140 sq. ft. of living area down to 2 bedrooms, 2 bath condos with around 1,400 sq. ft. of living area. Most units come with an attached single-car garage.

Residents enjoy the use of a clubhouse with billiards, a fitness room, a heated pool, a spa, and tennis courts. There’s a waterfront gazebo with a day dock and fishing pier off the Intracoastal Waterway with views toward the Saint Lucie Inlet of the Atlantic Ocean.

Schooner Oaks in Rocky Point

This is a pet-friendly community allowing for up to two large pets. Rentals are also allowed and there are some vehicle restrictions. The current HOA fees are $570 per month. These fees cover Assessment Fee, Cable, Common Areas, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Insurance-Other, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Maintenance Exterior, Management Fees, Manager, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, and Trash Removal.

Schooner Oaks in Rocky Point

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Schooner Oaks home search

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.

Schooner Oaks Real Estate Market Report July 2024

Canoe Creek Real Estate Market Report July 2024

07.21.24 by

Canoe Creek Real Estate Market Report July 2024

For July 2024, 2 homes are for sale in Canoe Creek in Palm City. The list prices are $699,000 and $859,000. This is an average list price of $779,000 or $318.49 per sq. ft. of living space.

There are no Canoe Creek homes currently under contract.

In the past 12 months, only 1 Canoe Creek home has sold. The sales price was $1,000,000 which equals $255.23 per sq. ft. of living area. This home went under contract 49 days after going on the market. And, it sold for 91% of the last list price.

Click here to view the previous Canoe Creek market report

About Canoe Creek Real Estate in Palm City:

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

Canoe Creek in Palm City Florida

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

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

Canoe Creek in Palm City FL

Search for Canoe Creek Homes for Sale

Canoe Creek Homes for Sale in Palm City FL

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

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

Canoe Creek Real Estate Market Report July 2024

Summerfield Real Estate Market Report July 2024

07.20.24 by

Summerfield Real Estate Market Report July 2024

As of July 2024, 13 homes are on the market in the Summerfield community in Martin County Florida. The list prices range from $450,000 up to $835,000. This is an average list price of $597,292 or $292.62 per square foot of living area.

There are 3 Summerfield homes under contract at this time. The list prices ranged from $589,900 up to $829,900. This equals an average list price of $706,600 which is $303.79 per square foot of living space. These homes were on the market for an average of 75 days before going under contract.

In the past 12 months, 28 Summerfield homes have sold. Sales prices ranged from $405,000 up to $880,000. This works out to an average sales price of $613,596 which equals $295.45 per square foot of living area. These homes averaged 45 days on the market before going under contract. And, the sales prices averaged 98% of the last list price.

Click here to view the previous Summerfield market report

About Summerfield the Home of the Champions Golf Club:

Summerfield in Stuart Florida
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Summerfield is located on over 275 acres. It is the host of a little over 500 single-family homes adjoining the Champions Golf Course. Selected as one of the top 10 Golf Courses in the nation by Golf Magazine in 1995.  It is also the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty. This Tom Fazio-designed course is open to the public with very reasonable membership fees. Please visit the Champions Course website for more information at http://www.thechampionsgolfclub.com/

Summerfield in Stuart Florida
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The residential section is known as Summerfield  It is a secured gated community with homes ranging in size from smaller 2-bedroom coach homes of around 1500 square feet up to 5-bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities.  It also has a fitness center and a professional 6-court Tennis club. All of these amenities are available at a very reasonable HOA fee of $130.00 a month, along with the convenience of an on-site manager to handle any issues that may arise.

Summerfield in Stuart Florida
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Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, and medical facilities with downtown Stuart only minutes away and only 30 minutes to the Palm Beaches. Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

Summerfield homes for sale in Stuart FL

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

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

Summerfield Real Estate Market Report July 2024

Rio Vista Real Estate Market Report July 2024

07.19.24 by

Rio Vista Real Estate Market Report July 2024

As of July 2024, 2 Rio Vista homes are for sale in Sewalls Point. The list prices are $1,100,000 and $1,295,000. This equals an average list price of $1,197,500 or $489.91 per square foot of living space.

There are no Rio Vista homes under contract at this time.

In the past 12 months, 2 Rio Vista homes have sold. The sales prices were $885,000 and $1,051,000. This is an average sales price of $968,000 which equals $490.37 per square foot of living area. These homes were on the market for an average of 43 days before going under contract. And, they sold for 100% of the list price.

Click here to view recent Rio Vista market reports!

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point Florida

Homes in Rio Vista were built from 1975 to some newer construction with one just being finished in 2015. Home sizes range from a low of around 1,500 sq. ft. with either 2 or 3 bedrooms and 2 baths all the way to a 15,000 sq. ft. mansion with 8 bedrooms and 15 bathrooms.

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

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

Rio Vista homes for sale in Sewalls Point

View all Sewalls Point homes for Sale

 

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

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

Rio Vista Real Estate Market Report July 2024

Pine Ridge Real Estate Market Report July 2024

07.18.24 by

Pine Ridge Real Estate Market Report July 2024

There are 5 condos for sale in the Pine Ridge community at Martin Downs in Palm City FL for July 2024. The list prices range from $249,800 up to $300,000. This is an average list price of $272,940 or $197.96 per sq. ft. of living space.

There is only 1 condo currently under contract in Pine Ridge. The list price was $389,000 which works out to $302.49 per sq. ft. of living area. This condo was on the market for 46 days before going under contract.

In the past 12 months, 10 Pine Ridge condos have sold. Sales prices ranged from a low of $182,500 up to a high of $292,000.  This works out to an average sales price of $223,500 which equals $201.77 per sq. ft. of living area. These condos sold for an average of 95% of the list price. And, they were on the market for an average of 75 days before going under contract.

Click here to view the previous Pine Ridge market report

About the Pine Ridge Condos at Martin Downs:

Pine Ridge condos in Martin Downs in Palm City Florida
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Pine Ridge condos in Martin Downs in Palm City Florida
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Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas. There are numerous floor plans ranging from 3 bedroom, 2 bath units down to 1 bedroom, 1 bath condos. As a bonus, some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted. No trucks or motorcycles are allowed.

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

In conclusion, this is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City. Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.

Pine Ridge Condos in Palm City

Click this link to search for available Pine Ridge Condos for Sale

Pine Ridge Condos for Sale in Palm City FL

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

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

Pine Ridge Real Estate Market Report July 2024

Mariner Village Gardens Real Estate Market Report July 2024

07.17.24 by

Mariner Village Gardens Real Estate Market Report July 2024

For July 2024, there are 2 Mariner Village Gardens townhomes for sale. The list prices are $285,000 and $289,000. This is an average list price of $287,000 which is $193.83 per sq. ft. of living area.

There are no Mariner Village Gardens townhomes currently under contract.

In the past 12 months, 1 Mariner Village Gardens home has sold. The sales price was $275,000 or $179.74 per sq. ft. of living space. This home was on the market for 73 days before it went under contract. And, it sold for 95% of the last list price.

View the previous Mariner Village real estate market report

About Mariner Village Gardens:

Mariner Village Gardens in Martin County Florida
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Mariner Village Gardens is a newer townhouse community that was built between 2006 and 2008 just west of US-1 (Federal Highway) in the southern part of unincorporated Martin County with a Stuart zip code.  These townhomes are all 3 bedrooms 2 and ½ bathroom homes with a 1-car garage.  Slight differences in floor plans result in interior square footage from a low of 1,435 sq. ft. up to 1,530.

Mariner Village Gardens in Martin County Florida
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There is an ample amount of green space between the front and back of these buildings along with a spacious community pool.  The location makes it convenient to either historic downtown Stuart as well as to the bustling town of Jupiter FL.  Also, only 10 to 15 minutes away from the crystal clear beaches of the Atlantic Ocean at Jupiter Island Beach.

This community is open to all ages and these townhomes are set up as a condo community so the current condo fees of $262.00 per month (as of June 2020) also include the exterior maintenance as well as property insurance for the structure and lawn, landscaping, basic cable TV and the pool service.

Mariner Village Gardens in Martin County Florida
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Children in Mariner Village Gardens currently attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.  This pet-friendly community will allow up to 2 large pets per unit.

Mariner Village Gardens in Martin County Florida

All prospective buyers should be aware that after the initial opening, many units in Mariner Village Gardens had defective drywall issues.  Most if not all of these units have had professional drywall remediation and should be perfectly fine for occupancy, but an inspection and review of the remediation documents would be highly recommended.

Mariner Village Gardens in Stuart FL

Click here to see if any Mariner Village Gardens townhouses are available for sale

Mariner Village Gardens townhouses 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 Village Gardens Real Estate Market Report July 2024