Florida Single Family Homes September 2020 Market Report

10.23.20 by

Florida Single Family Homes September 2020 Market Report

The Florida Single Family Home markets seem to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 22.0% (were up by 8.8% in August). New sales under contract (new pending sales) were up by 31.4% (were up by 21.5% in August).

Prices were also up for September.  The median sales price rose by 13.2% (it was up by 10.1% in August). The average sales price was up by 23.0% (it was up by 22.3% last month).

The inventory of available homes for sale decreased by 37.4% from last year.  This represents a 2.2 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (September 2019 had a 3.6 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 September 2020 Market Report
Download 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 September 2020 Market Report

How to Create a Home Office for Your Business

10.13.20 by

How to Create a Home Office for Your Business


Image via Unsplash

Your home is as good a place as any to open a business. In fact, using your home as a headquarters provides a number of benefits not offered by a traditional office space or store. For instance, you save time since there is no commute, you save money on overhead costs, and you have the flexibility necessary to find a better balance between your work and home life.

With that said, running a business out of your home is no easy task. And to experience short-term and long-term success, it’s essential that you have a home and space that meets your business needs. Here are a few practical tips for making a home office that helps you effectively run your business:

Choose the right home.

You won’t be able to create a suitable workspace if you don’t have room in your home for it. Evaluate your current home to see if you can fit a home office and storage. If you can’t, it might be time to consider selling and buying a different home. Yes, buying a new home is a significant investment of time, energy, and money, but if it helps your business succeed in the long term, it will be well worth it.

Research home prices in the area you are considering to get an idea of what you will need to invest. As an example, houses in Stuart sold for an average price of $278K last month. And when you’re ready to start seriously looking for a home in the area, contact Stuart Florida Real Estate.

Aim for privacy.

When setting up your home office, one of the first things to consider is privacy. In order to stay focused and productive on a daily basis, FlexiSpot recommends a proper separation of your work and home life. This is really hard to accomplish when you’re working on a laptop on the couch or at the kitchen counter.

If you have a garage or a basement that can be converted, these can make for ideal home offices, because they provide separation from your main living areas. However, spare bedrooms and any other spaces with a door can do the trick as well.

Set up in the light.

Natural light comes with a ton of physical, mental, and emotional health benefits. But it can also do wonders for boosting concentration and productivity. Choose an area of your home with access to sunlight, even if it’s just one or two windows. And position your desk where the sunlight flows in so that you can reap the benefits throughout the workday.

Opt for high-quality equipment.

When starting a business from the ground up, it can be tempting to purchase cheap equipment. After all, saving money on equipment will allow you to put more money into growing your business, right? But this is not where you want to skimp.

The higher the quality of equipment you invest in now, the higher the likelihood that it will hold up and perform well for many years to come. So, plan to invest in a good laptop, printer, ergonomic chair, desk, and any other essential equipment necessary for your day-to-day operations.

Make it appealing.

Finally, make sure your home office is attractive. Not only will this help you to stay motivated and enjoy the space more, but it will also look more professional to clients and/or customers who visit.

Make simple cosmetic changes like applying a fresh coat of paint to the walls, adding an area rug, and adding artwork and other decor. And consider any amenities that could boost the appeal of your home office, whether that means creating a small coffee station, putting out chairs and end tables with magazines, or making other additions that will help visitors feel more comfortable.

Yes, starting a home-based business can be a great idea. But you must have an adequate space to work if you are going to be successful. If your current home doesn’t meet your business needs, start looking at other ones. And when you begin creating your home office, make sure that it provides separation from your main living areas and offers access to natural light. Lastly, invest in high-quality equipment, and make any necessary changes to the space to make it attractive and comfortable.

Guest blog courtesy of Tina Martin

Beacon 21 Jensen Beach October 2020 Market Report

10.11.20 by

Beacon 21 Jensen Beach October 2020 Market Report

There are currently 2 condos for sale in Beacon 21 in Jensen Beach FL.  These condos have list prices of $118,000 and $130,000.  This is an average list price of $124,000 which equals $97.49 per sq. ft. of living area.

There are also 2 condos currently under contract.  These condos had list prices of $117,000 and $135,000.  This works out to an average list price of $126,000 which is $99.06 per sq. ft. of living area.  These condos averaged 78 days on the market before going under contract.

In the past 12 months, 14 condos have sold in Beacon 21.  Sales prices ranged from $105,000 up to $255,000.  This equals an average sales price of $146,536 which works out to $128.01 per sq. ft. of living area.  These condos averaged 75 days on the market before going under contract and sold for an average of 96% of the last listed price.

Click here to view previous Beacon 21 market reports.

About: Beacon 21 Condos in Jensen Beach

Beacon 21 in Jensen Beach Florida
Google Earth image

Beacon 21 condos for sale:

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

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

Recent Beacon 21 sales:

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

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

Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school, and Jensen Beach high school.

Beacon 21 Condos in Jensen Beach

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

Search for available Beacon 21 condos in Jensen Beach

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.

Beacon 21 Jensen Beach October 2020 Market Report

Beau Rivage October 2020 Market Report

10.10.20 by

Beau Rivage October 2020 Market Report

For October 2020, there is only 1 home for sale in Beau Rivage.  The list price is $2,000,000 or $373.55 per sq. ft. of living area.

There is also 1 home currently under contract in Beau Rivage.  It was listed for $309,900 which is $126.90 per sq. ft. of living area.  This home was on the market for 140 days before going under contract.

In the past 12 months, 5 homes have sold in Beau Rivage.  Sales prices ranged from $235,000 up to $1,100,000.  The average sales price was $654,000 which equaled $269.62 per sq. ft. of living area.  These homes averaged 59 days on market before going under contract and sold for an average of 97% of the last list price.

Click here to view previous Beau Rivage market reports.

About Beau Rivage Real Estate in Stuart FL

Beau Rivage in Stuart Florida

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms. Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary school, and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Real Estate in Stuart FL

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

Beau Rivage

Search for Beau Rivage 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.

Beau Rivage October 2020 Market Report

Suntide Condos on Hutchinson Island October 2020 Market Report

10.05.20 by

Suntide Condos on Hutchinson Island October 2020 Market Report

For October 2020, there are no condos on the market in Suntide on Hutchinson Island in Stuart FL.

There is 1 condo under contract at this time. The list price was $319,000 or $290.53 per sq. ft. of living area. This condo was on the market for 13 days before going under contract.

There have been 3 Suntide condos sold in the past 12 months.  Sales prices ranged from $260,000 up to $315,000 for an average sales price of $293,333 which equals $239.03 per sq. ft. of living area.  These sales averaged 94% of list price and were on the market for an average of 102 days prior to going under contract.

Click here to see past Suntide market reports.

About the Suntide Condominiums of Hutchinson Island in Stuart Florida:

Suntide Oceanfront Condos

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

Suntide Condo on Hutchinson Island

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

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

Search for Suntide Condos on Hutchinson Island

  • Ocean Access from the Suntide Condo on Hutchinson Island
  • Fitness Room in the Suntide Condo on Hutchinson Island
  • Game room in the Suntide Condo on Hutchinson Island

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

Recent market reports:

For more Stuart Florida area real estate information contact 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.

Suntide Condos on Hutchinson Island October 2020 Market Report

The Estuary October 2020 Market Report

10.04.20 by

The Estuary October 2020 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the October 2020 market report for this gated community:

Homes

There is 1 home for sale in the Estuary.  The list price is $750,000 which equals $333.33 per sq. ft. of living area.

There is also 1 home currently under contract.  The list price was $859,000 or $322.21 per sq. ft. of living area.  This home was on the market for 576 days before going under contract.

In the past 12 months, 5 Estuary homes have sold.  Sales prices ranged from $334,000 up to $570,000.  This equals an average sales price of $409,200 which works out to $186.58 per sq. ft. of living area. These homes sold for an average of 97% of list price and went under contract in an average of 107 days.

Condos

There is 1condo currently for sale in the Estuary. The list price was $324,000 or $314.56 per sq. ft. of living area.

There is also 1 condo currently under contract. This condo was listed for $198,888 which is $189.96 per sq. ft. of living area. It was on the market for 34 days before going under contract.

In the past 12 months, 4 condos have sold in the Estuary.  Sales prices were from $150,000 up to $220,000.  This equals an average sales price of $177,500 which works out to $162.45 per sq. ft. of living area.  These condos averaged 110 days on the market and sold for an average of 97% of list price.

Click here to view past Estuary market reports.

About the Estuary:

The Estuary of Stuart FL

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.
The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

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

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

The Estuary Homes and Condos in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

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.

The Estuary October 2020 Market Report

Waterfront Land with Dock in South Sewalls Point Sold

10.02.20 by

Waterfront Land with Dock in South Sewalls Point Sold

Sewalls Point Waterfront Land with Dock

This waterfront land with dock in South Sewalls Point at 36 South Sewalls Point Road was just listed.   The list price is $920,000.

Sewalls Point Waterfront Land with Dock

A stunning waterfront estate-sized lot in the highly desirable South Sewalls Point community with a dock already in place.  This almost 1 acre (.97) lot has 150’ of waterfront and is over 260’ deep.  The width of this lot allows the future owner many additional possibilities for their dream home overlooking the wide waters of the Intracoastal Waterway.  This prestigious location is only a few miles to the wonderful beaches of the Atlantic Ocean in Stuart as well as the quaint historic downtown area of Stuart.  Boaters will enjoy the close proximity to the Saint Lucie Inlet (around 3 miles).  There are numerous mature mossy oaks currently on this parcel and theirs an excellent potential of keeping these trees even after building a home.  This is a wonderful opportunity for that dream waterfront home as well as a potential moneymaker for a builder/investor.

Sewalls Point Waterfront Land with Dock

About Sewalls Point:

Here is what the official site for Sewalls Point has to say about their town:  “Shaded by ancient oaks and surrounded on three sides by the St. Lucie River and the Indian River Lagoon, Sewall’s Point is known for its natural beauty.  Within our borders, you will find excellent shopping, professional offices, and outstanding dining in addition to the beautiful parks, easy access to offshore fishing, and many cultural activities close by. The Town is a designated bird sanctuary and has been a nationally recognized  “Tree City” for over two decades.  Young or old, it is very difficult to find a better place to live, work and play than here!”

Sewalls Point Waterfront Land with Dock

More pictures and information

Search for all Sewalls Point vacant land parcels for sale

Stuart Florida real estate from Gabe Sanders, Real Estate of Florida
Call 772-888-2885 for info or assistance

Click here to view recent Sewalls Point market reports!

Waterfront Land with Dock in South Sewalls Point Sold

Twin Lakes Condo Market Report for October 2020

10.02.20 by

Twin Lakes Condo Market Report for October 2020

There are currently 5 condos available to purchase in the Twin Lakes community in Stuart FL.  List prices range from $121,999 up to $144,900. This is an average list price of $133,160 which equals $121.38 per sq. ft. of living area.

Only 1 condo is currently under contract.  The list price was $149,900 or $153.43 per sq. ft. of living area. This condo was on the market for 75 days before going under contract.

In the past 12 months, 25 condos have sold in Twin Lakes.  Sales prices ranged from $80,000 up to $158,100. This equals an average sales price of $126,948 which works out to $116.97 per sq. ft. of living area.  These condos averaged 54 days on the market before going under contract and sold for an average of 95% of list price.

Click here to view recent Twin Lakes market reports!

About the Twin Lakes Condo Community:

Twin Lakes condos in Stuart Florida
Google Earth image

Twin Lakes condos for sale:

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

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

Recent Twin Lakes sales:

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

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

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

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

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

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

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.

Twin Lakes Condo Market Report for October 2020

Gabe’s October 2020 House Calls Real Estate Newsletter

10.01.20 by

Gabe’s October 2020 House Calls Real Estate Newsletter

Please click on the image below or the download link button to view the full version of Gabe’s October 2020 House Calls real estate newsletter.

Gabe's October 2020 House Calls Real Estate Newsletter
725
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 October 2020 House Calls Real Estate Newsletter

St Lucie County Townhouses and Condos August 2020 Market Report

09.30.20 by

St Lucie County Townhouses and Condos August 2020 Market Report

The St Lucie County Townhouses and Condos market for August 2020 is recovering nicely from the effects of the current pandemic. Closed sales were up by 44.7% from last year (were up by 23.6% in July). New pending sales were up by 43.2% for August (they were up by 46.1% last month).

August prices were also up.  The median price increased by 35.5% from last year (was up by 35.9% in July) while the average sales price increased by 30.7% (was up by 16.4% in July).

The inventory of available townhouses and condos decreased by 66 units from last month to 402 units. This is 24.3% less inventory than we had in August 2019. The current inventory supply is 4.3 months, as compared to 5.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a 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 August 2020 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 August 2020 Market Report

St Lucie County Single Family Homes August 2020 Market Report

09.29.20 by

St Lucie County Single Family Homes August 2020 Market Report

The August 2020, St Lucie County Single Family Home market seems to have recovered from the effects of the current pandemic. Closed and pending sales were both up when compared to last year. Closed sales were up by 25.1% for the month (in July they were up by 20.5%). New sales under contract (new pending sales) increased by 18.6% (they were up by 30.6% last month).

Prices were also up for the month.  The median sales price was up by 7.6% (was up by 8.2% in July).  The average sales price was up by 14.0% (it was up by 10.9% in July).

The number of available home listings decreased by 146 homes to 948 homes.  This inventory is 45.3% less than last year.  The current supply of homes is only 1.9months (it was 3.7 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2020 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 August 2020 Market Report

Martin County Townhouses and Condos August 2020 Market Report

09.28.20 by

Martin County Townhouses and Condos August 2020 Market Report

The Martin County Townhouses and Condos market is now showing strong recovery from the effects of the current pandemic. Closed sales for the month were up by 31.3%.  They were up by 5.2% in July.  New sales under contract (new pending sales) were up by 23.3% from last month.  They were up by 34.7% for July.

Prices were also up for August.  The median sales price increased by 26.6% (was down by 5.6% last month). While the average sales price increased by 24.5% (was up by 7.4% in July).

The inventory of available townhouses and condos decreased by 47 units to 318 properties.  This is an 11.7% smaller inventory then we had in August 2019.  Currently, there’s a 3.6 months supply of inventory (compared to 3.9 months for August 2019).  We remain in a 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 August 2020 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 August 2020 Market Report

Martin County Single Family Homes August 2020 Market Report

09.25.20 by

Martin County Single Family Homes August 2020 Market Report

The Martin County Single Family Homes Market Report seems to have shaken the negative effects of the current Covid-19 pandemic. Closed sales were up by 24.6% from last month (were up by 42.6% in July).  While new pending sales increased by 24.0% as compared to last month when they increased by 32.1%.

Prices were also up for August.  The median sales price was up from last year by 15.2% (it was up by 6.7% in July) while the average sales price increased by a whopping 57.4% (it was up by 24.6% last month).

The inventory of available single-family homes decreased from last month by 120 homes to 559 homes for August. This is 41.0% less inventory than last August.  The current supply of homes is 2.8 months.  For August of last year, it was a 4.9 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 August 2020 Market Report
Click here to download the full report

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

Recent market reports:

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

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

Martin County Single Family Homes August 2020 Market Report

Florida Townhouses and Condos August 2020 Market Report

09.24.20 by

Florida Townhouses and Condos August 2020 Market Report

Florida Townhouses and Condos market is recovering from the effects of the current pandemic. Closed sales were up by 10.3% as compared to last month’s increase of 6.5%.  New sales under contract (new pending sales) increased by 20.7% (In July there was a 19.3% increase).

Prices also increased for August.  The median sales price was up by 14.5% (was up by 11.7% in July), while the average sales price increased by 14.6% (was up 12.8% in July).

The inventory of active listings decreased by 5.6% from August of last year.  This results in 5.3 months of inventory as compared to 5.4 months for August 2019.  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 August 2020 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos August 2020 Market Report

Florida Single Family Homes August 2020 Market Report

09.23.20 by

Florida Single Family Homes August 2020 Market Report

The Florida Single Family Home markets seem to have overcome the effects of the current pandemic. Closed and pending sales are up for the month when compared to last year. Closed sales were up by 8.8% (were up by 11.3% in July). New sales under contract (new pending sales) were up by 21.5% (were up by 21.7% in July).

Prices were also up for August.  The median sales price rose by 13.2% (it was up by 10.1% in July). The average sales price was up by 22.3% (it was up by 14.9% last month).

The inventory of available homes for sale decreased by 35.5% from last year.  This represents a 2.3 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (August 2019 had a 3.6 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 August 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes August 2020 Market Report

Willoughby Cay Real Estate Market Report September 2020

09.22.20 by

Willoughby Cay Real Estate Market Report September 2020

As of September 2020, there is 1 home for sale in Willoughby Cay in Stuart FL. This home is listed for $349,000 or $228.70 per sq. ft. of living area.

There is also 1 home currently under contract. The list price was $324,900 which is $209.75 per sq. ft. of living area. This home was on the market for 8 days before going under contract.

In the past 12 months, 2 Willoughby Cay homes have sold.  Sales prices were $285,000 and $309,900. This works out to an average sales price of $297,450 which equals $200.67 per sq. ft. of living area.  These homes averaged 69 days on the market before going under contract and sold for an average of 98% of list price.

Click here to view recent Willoughby Cay market reports!

About Willoughby Cay in Stuart FL:

Willoughby Cay in Stuart FL
Google Earth image

Willoughby Cay homes for sale:

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

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

Recent Willoughby Cay sales:

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

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

Willoughby Cay in Stuart FL

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

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

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

Willoughby Cay in Stuart FL

Click here to see available Willoughby Cay homes for sale

Recent market reports:

For more Stuart Florida area real estate information contact 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.

Willoughby Cay Real Estate Market Report September 2020

Plantation at Sewalls Point September 2020 Market Report

09.18.20 by

Plantation at Sewalls Point September 2020 Market Report

For September 2020, there is 1 home available for sale in the Plantation at Sewalls Point. The list price is $1,750,000 which is $364.51 per sq. ft. of living area. 

There are no homes under contract at the present time.

Also, there haven’t been any sales this past year in the Plantation at Sewalls Point.

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

About Plantation at Sewalls Point:

The Plantation at Sewalls Point
Google Earth image

Sewalls Point Homes for Sale:

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

Recent sales in the Plantation at Sewalls Point:

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

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

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

Recent market reports:

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

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

Plantation at Sewalls Point September 2020 Market Report

The Pines and Windemere Real Estate Market Update September 2020

09.15.20 by

The Pines and Windemere Real Estate Market Update September 2020

For September 2020, there are only 2 homes for sale in the Pines and Windemere communities in Jensen Beach FL.  Prices are $375,000 and $442,000.  This is an average list price of $408,500 which is equal to $174.84 per sq. ft. of living area.

6 homes are under contract awaiting settlement at this time.  List prices range from a low of $329,000 up to a high of $435,000.  This works out to an average list price of $400,550 or $181.88 per sq. ft. of living area.  These homes averaged 23 days on the market before going under contract.

In the past 12 months, 43 homes have sold in the Pines and Windemere.  Sales prices ranged from a low of $246,250 up to a high of $561,000. This equals an average sales price of $377,860 which equates to $181.19 per sq. ft. of living area.  These homes were on the market for an average of 132 days before going under contract and sold for an average of 97% of list price.

Click here to view previous Pines and Windemere market reports.

About the Pines and Windemere in Jensen Beach FL:

The Pines

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”.

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.”

The Pines and Windemere in Jensen Beach FL

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are 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 and Windemere in Jensen Beach FL
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

Recent market reports:

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

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

The Pines and Windemere Real Estate Market Update September 2020

Banyan House Stuart FL September 2020 Market Report

09.14.20 by

Banyan House Stuart FL September 2020 Market Report

There are currently no condos for sale in the Banyan House condos in Stuart FL.

There is 1 condo currently under contract.  The list price was $248,800 or $181.61 per sq. ft. of living area.  This condo was on the market for 37 days prior to going under contract.

In the past 12 months, 6 Banyan House condos have sold.  Sales prices ranged from $125,000 up to $189,000. This is an average sales price of $148,200 which works out to $108.18 per sq. ft. of living area.  These condos averaged 149 days on the market before going under contract and sold for an average of 93% of list price.

Click here to view previous Banyan House market reports.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

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

Banyan House Condos in Stuart FL

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

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

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

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

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.

Banyan House Stuart FL September 2020 Market Report

Bay Pointe September 2020 Market Report

09.11.20 by

Bay Pointe September 2020 Market Report

There are 2 homes currently for sale according to this Bay Pointe September 2020 market report in Palm City FL.  These homes have list prices of $2,550,000 and $3,500,000.  This is an average list price of $3,025,000 which equals $520.42 per sq. ft. of living space.

There are no homes currently under contract in Bay Pointe.

In the past 12 months, 1 Bay Pointe home has sold.  The sales price was $875,000 which is $229.66 per sq. ft. of living space.  This home was on the market for 101 days before going under contract and sold for 98% of the list price.

Click here to view recent Bay Pointe market reports!

About Bay Pointe in Palm City, Florida:

Bay Pointe in Palm City Florida
Google Earth image

Bay Pointe homes for sale:

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


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

Recently sold homes in Bay Pointe:


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

Bay Pointe in Palm City Florida
Google Earth image

Search for Bay Pointe Homes for Sale

Recent market reports:

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

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

Bay Pointe September 2020 Market Report