Indian Pines February 2020 Market Report

Indian Pines February 2020 Market Report

For February 2020, there is one condo available for purchase in Indian Pines in Stuart FL. The list price is $145,000 or $140.23 per square foot of living area.

There are 2 condos currently under contract. List prices were $139,500 and $164,900. This equals an average list price of $152,200 which is $120.93 per square foot of living area. These condos averaged 74 days on the market before going under contract.

In the past 12 months, 8 condos have sold in Indian Pines.  Sales prices ranged from a low of $105,000 up to a high of $143,000. This is an average sales price of $133,938 which works out to $123.24 per square foot of living area.  These condos averaged 46 days on the market prior to going under contract and sold for an average of 95% of list price.

About Indian Pines Condos in Stuart FL:

Indian Pines Condos in Stuart FL
Indian Pines Condos in Stuart FL

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

Indian Pines Condos in Stuart FL

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

Indian Pines Condos in Stuart FL

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

Indian Pines Condos in Stuart FL

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

Indian Pines Condos in Stuart FL

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

Indian Pines Condos in Stuart FL

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

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Indian Pines February 2020 Market Report

Florida Townhouse and Condo Sales 2019 Yearly Review

Florida Townhouse and Condo Sales 2019 Yearly Review

The Florida Townhouse and Condo Sales for 2019 had weaker sales results from last year.   Year to year closed sales were down by 0.8% as compared to 2018 which saw a increase of 4.9% and new sales under contract (new pending sales) increased by 0.2% (2018 saw a increase of 2.2%).

Florida Townhouse and Condo Sales 2019 Yearly Review
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Both median and average sales prices were up (year to year) by 3.8% and 2.7% respectively (2018 numbers were 7.2% and 7.7%).  A slower (and more sustainable) rate of increase than last year.

Inventory decreased by 9.7% as compared to 2018’s increase of 8.0%. While the supply of inventory dropped to 5.2 months as compared to 5.7 months for 2017.  Remaining in a seller’s market for Florida townhouses and condos.

 Click here to view or download the full report: 
Townhouses and Condos Sales in Florida for 2019

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 market reports:

Florida Townhouse and Condo Sales 2019 Yearly Review

Highlands Reserve February 2020 Market Report

Highlands Reserve February 2020 Market Report

There are currently 8 homes for sale in Highlands Reserve in Palm City, Florida.  Prices range from $489,900 up to $1,399,999.  The average list price is $789,600 which equals $220.73 per square foot of living area.

There are no homes under contract at this time.

In the past 12 months, 23 homes have sold in Highlands Reserve. Sales prices ranged from $340,000 up to $1,186,330. This is an average sales price of $558,732 which equals $171.20 per square foot of living area.  These homes averaged 82 days on market prior to going under contract and sold for an average of 96% of list price.

About Highlands Reserve in Palm City FL:

Highlands Reserve in Palm City FL

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

Highlands Reserve clubhouse in Palm City FL
Highlands Reserve clubhouse in Palm City FL

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

Highlands Reserve in Palm City FL
Highlands Reserve in Palm City FL

Low HOA fees of $338.00 per month include landscaping and irrigation as well as the security gate, use of the full-service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve in Palm City FL
Highlands Reserve in Palm City FL

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

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

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

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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 Market Reports

Highlands Reserve February 2020 Market Report

Florida Single Family Home Sales 2019 Yearly Review

Florida Single Family Home Sales 2019 Yearly Review

The Florida Single Family Home Sales for 2019 as reported by Florida Realtors shows that this last year continued the positive momentum with a improved rate from the previous year.   Year to year closed sales were up by 5.9% (was up by 2.2% in 2018) and new sales under contract (new pending sales) increased by 5.2% (was up by 0.3% in 2018).

Florida Single Family Home Sales 2019 Yearly Review
Click here for the full report

Both median and average sales prices were up (2018 to 2019) by 3.7% and 2.3% respectively.   Showing continued gains in value though at a lower rate than last year.  These numbers were 7.2% and 6.9% respectively in 2017.

The inventory of available homes for sale decreased by 11.4% from 2018.  While the month’s supply of homes decreased to 3.4 months.  Indicating that Florida single-family homes remain in a strong seller’s market.

Click here to view or download the full report:
2018 Florida Single Family Home Sales Review

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 market reports:

Florida Single Family Home Sales 2019 Yearly Review

Inlet Village February 2020 Real Estate Market Report

Inlet Village February 2020 Real Estate Market Report

There are 2 condos for sale in the Inlet Village Condominiums of Indian River Plantation on Hutchinson Island in Stuart FL for February 2020. These condos have list prices of $296,700 and $415,000. This equals an average list price of $355,850 or $301.66 per sq. ft. of living area.

There aren’t any Inlet Village condos currently under contract. 

In the past 12 months, 10 condos have sold in Inlet Village.  Sales prices ranged from $194,900 up to $432,500.  This is an average sales price of $298,140 which equals $279.80 per sq. ft. of living area.  These condos sold for 97% of list price and were on the market for an average of 35 days prior to going under contract.

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with sweeping views of lakes and the Indian River Plantation golf course.

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach, there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have an enjoyable lunch.

Inlet Village Condo in Indian River Plantation

Inlet Village is one of the few pet-friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees are $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Inlet Village Condos in Indian River Plantation

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Additional Indian River Plantation Condos you may wish to consider:
BayviewBeachwalkDunes ClubFairway VillasLakesideOcean HouseOcean TerracePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

Recent Market Reports

Inlet Village February 2020 Real Estate Market Report

Spinnaker Point February 2020 Market Report

Spinnaker Point February 2020 Market Report

As of early February 2020, there is only 1 home available for sale in Spinnaker Point on Hutchinson Island.  The list price is $1,550,000 which equals $504.56 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, only 1 Spinnaker Point home has sold.  This home sold for $730,000 or$276.41 per sq. ft. of living area.  It was on the market for 181 days before going under contract and sold for 91% of list price.

About Spinaker Point on Hutchinson Island:

Spinnaker Point on Hutchinson Island

Homes for sale on Hutchinson Island:

Spinnaker Point on Hutchinson Island is easy to miss when driving buy on Highway A-1-A in Stuart FL.  But, it is one of the gems for those who want both river and ocean access.  This gated community has 12 homes west of the road and 2 lots that have yet to be built upon on the ocean side.

Spinnaker Point on Hutchinson Island

Four of these homes enjoy being on the Intracoastal Waterway (also known as the Indian River) and have deeded docks with ocean access (no fixed low bridges) through the Saint Lucie Inlet just a little under 5 miles south. The remaining 8 homes have access to the community pier and a few have deeded docks as well.

Spinnaker Point on Hutchinson Island

All the homes are built in the Key West style and were built between 1991 and 2001.  Home sizes range from a 3 bedroom, 2 bathroom home with a 2 car garage up to a 5 bedroom, 6 bathroom home with a 2 and ½ car garage.  There is deeded access to the ocean with a boardwalk leading over the dunes.  All ages and pets are permitted in Spinnaker Point.  The HOA fee is $250.00 per month.

Spinnaker Point on Hutchinson Island

School-age children attend the Felix A Williams elementary school, Stuart middle school, and Jensen Beach high school.

Spinnaker Point on Hutchinson Island

Located approximately half way between the Stuart and Jensen beach causeways making it easy to enjoy the restaurants, shopping, and amenities that both areas have to offer.

Spinnaker Point on Hutchinson Island

Spinnaker Point homes do not come on the market often, so click on the following link to see if any are currently available:

Homes for Sale in Spinnaker Point on Hutchinson Island

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Spinnaker Point February 2020 Market Report

Gull Harbor February 2020 Market Report

Gull Harbor February 2020 Market Report

The Gull Harbor February 2020 Market Report shows 1 home currently for sale in this Palm City FL community.  The list price is $1,212,500 or $577.93 per sq. ft. of living area.

There are 2 homes currently under contract.  The list prices were $295,000 and $1,295,000. This is an average list price of $795,000 which is $287.17 per sq. ft. of living area.  These homes averaged 64 days on the market prior to going under contract.

In the past 12 months, there have been 4 sales in Gull Harbor.  Sales prices ranged from $730,000 up to $1,310,000.  This works out to an average sales price of $1,067,000 which equals $356.84 per sq. ft. of living area.  These homes sold for 96% of list price and were on the market for an average of 72 days before going under contract.

About Gull Harbor Real Estate in Palm City FL

Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

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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.

Four Winds on the River February 2020 Real Estate Market Report

Four Winds on the River February 2020 Real Estate Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

There are also no condos under contract and awaiting sale.

In the past 12 months, only 1 condo has sold in Four Winds.  This condo sold for $180,000 or $133.33 per sq. ft. of living area.  It sold for 90% of the list price and was on the market for 281 days before going under contract.

About Four Winds on the River in Stuart FL:

Four Winds on the River in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There has been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one-bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities, and downtown Stuart.

Four Winds on the River real estate

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Four Winds on the River February 2020 Real Estate Market Report

North River Shores February 2020 Market Report

North River Shores February 2020 Market Report

The North River Shores February 2020 Market Report for Stuart Florida:

There are currently 5 active listings in North River Shores.  List prices range from $339,888 up to $935,000.  This is an average list price of $503,758 which equals $227.47 per square foot of living area.

There are 3 homes under contract at this time. List prices were from $165,000 up to $$549,888. This equals an average list price of $371,596 or $200.42 per square foot of living area. These homes averaged 70 days on the market before going under contract.

In the past 12 months, 19 North River Shores homes have sold. Sales prices ranged from a low of $155,000 up to $1,151,000. This works out to an average sales price of $544,331 or $232.60 per square foot of living area. These homes sold for an average 97% of list price and averaged 73 days on the market before going under contract.

About North River Shores in Stuart FL:

North River Shores in Stuart FL

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.

Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

North River Shores in Stuart FL

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

North River Shores in Stuart FL

 This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores
North River Shores

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North River Shores February 2020 Market Report

Hunters Creek Palm City February 2020 Market Report

Hunters Creek Palm City February 2020 Market Report

The Hunters Creek Palm City February 2020 Market Report has no homes currently on the market.  For those interested in Hunters Creek upcoming listings please contact the Gabe Sanders Stuart FL real estate team.

There is 1 home currently under contract (pending sale). The list price was $399,900 which is $197.58 per sq. ft. of living area. This home was on the market for 72 days before going under contract.

There have been 4 homes sold in the past 12 months in Hunters Creek.  Sales prices ranged from $323,000 up to $450,000.  This equals an average sales price of $373,250 which equals $168.91 per sq. ft. of living area.  These homes sold for 95% of the list price and were under contract on an average of 64 days after being listed.

About Hunters Creek in Palm City FL:

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

Hunters Creek in Palm City FL

HOA fees are very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FL

Hunters Creek is very conveniently located near the Palm Cove Golf Club.  There is quick access to Florida’s Turnpike and I-95.  Also, just a few minutes away from the Palm City Bridge with access to downtown StuartJensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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Hunters Creek Palm City February 2020 Market Report

Whispering Sound Palm City February 2020 Real Estate Market Report

Whispering Sound Palm City February 2020 Real Estate Market Report

 As of early February 2020, there are no homes available for sale in Whispering Sound in Palm City, FL

There are 2 Whispering Sound homes currently under contract.  List prices were $219,000 and $259,900.  This is an average list price of $239,450 or $153.38 per sq. ft. of living area.  These homes averaged 85 days on the market before going under contract.

In the past 12 months, 17 homes have sold in Whispering Sound. Sales prices ranged from a low of $163,000 to a high of $257,000.  This works out to an average sales price of $225,691 which equals $140.69 per sq. ft. of living area.  These sales average 96% list price and went under contract in an average of 45 days.

About Whispering Sound in Palm City FL:

Whispering Sound in Palm City FL

Whispering Sound is a gated age-restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

Whispering Sound in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two-car or one car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

Whispering Sound in Palm City FL

This active 55+ community boasts of an active clubhouse with a heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

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Palm City Real Estate is presented by:
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Whispering Sound Palm City February 2020 Real Estate Market Report

Harbour Pointe February 2020 Market Report

Harbour Pointe February 2020 Market Report

For February 2020 there is 1 home for sale in Harbour Pointe in Palm City FL. This home was listed for $379,900 which equals $180.65.

There are no homes in Harbour Pointe currently under contract.

8 Harbour Pointe homes have sold in the past 12 months with sales prices ranging from $285,777 up to $415,000.  This is an average sales price of $369,097 which is $157.78 per square foot of living area.  These homes sold for an average of 95% list price and averaged 97 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake views in spacious custom-designed homes.

Harbour Pointe in Palm City

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe in Palm City Entrance
Harbour Pointe Palm City FL

Currently Available Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe February 2020 Market Report

 

Hobe Sound Golf Club January 2020 Market Report

Hobe Sound Golf Club January 2020 Market Report

For January 2020, there are 2 homes available to purchase in the Hobe Sound Golf Club.  List prices are $650,000 and $850,000.  This is an average list price of $750,000 which is $257.62 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 Hobe Sound Golf Club homes have sold.  Sales prices ranged from $455,000 up to $660,000.  This works out to an average sales price of $555,000 which equals $210.14 per sq. ft. of living area.  These homes went under contract in an average of 191 days and sold for 91% of list price.

About the Hobe Sound Golf Club:

Hobe Sound Golf Club

View Hobe Sound Golf Club homes for sale here:

Located just west of US-1 (Federal Highway) on Bridge Rd in Hobe Sound FL is the gated community and golf club knows as the Hobe Sound Golf Club.  With only 96 homes on over 240 acres, this secure community is one of the most desirable for those wishing to live in a golf course community.

Hobe Sound Golf Club

The first homes were built in 1988 and now come in sizes from 5 bedrooms, 5 bathroom homes with over 5,000 sq. ft. of living area down to a few 2 bedrooms, 2 bathroom homes with just around 2,000 sq. ft. of living area.

Hobe Sound Golf Club

This is a member-owned golf club and amenities include a full-service clubhouse with 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. As of June 2019, the HOA fees ranged from $230.00 to $300.00 per month depending on the location and size of the home.   There is also a one time $3,300.00 Capital contribution when purchasing a home.  All homeowners within HSGC must hold at minimum a Social Membership. The 2019 annual dues are $1,000 plus tax. The annual food & beverage minimum is $800.

Hobe Sound Golf Club

The Hobe Sound Golf Club is only 30 minutes away from the West Palm Beach International airport yet far removed from the congestion of big city life.

Hobe Sound Golf Club

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

Search links:

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

View previous Hobe Sound market reports here

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 January 2020 Market Report

St Lucie County Townhouses and Condos December 2019 Market Report

St Lucie County Townhouses and Condos December 2019 Market Report

The St Lucie County Townhouses and Condos market for December 2019 had a very strong end of the year.  Closed sales were up by 35.9% from last year (were up by 12.6% in November). New pending sales were up by 21.5% for December (they were down by 1.1% in November).

Prices were mixed for December.  The median price decreased by 10.2% from last year (was up by 3.3% in November) while the average sales price increased by 1.3% (was up by 2.7 % in November).

The inventory of available townhouses and condos increased by 1 unit from last month to 581 units, which is 5.1% greater than December 2018. The current inventory is 5.9 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues to be close to a balanced market. 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 December 2019 Market Report

 

View previous St. Lucie County market reports here.

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 December 2019 Market Report

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Miles Grant Condos January 2020 Market Report

Miles Grant Condos January 2020 Market Report

For January 2020 there are 5 condos available to purchase in the Miles Grant community of Stuart, FL in Rocky Point.  These condos had list prices ranging from $105,000 up to $170,000.  This equals an average list price of $138,960 which works out to $121.86 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $138,000 or $116.36 per sq. ft. of living area.  This condo was on the market for 81 days before going under contract.

In the past 12 months, 26 Miles Grant condos have sold.  Sales prices ranged from $71,000 up to $184,000.  This works out to an average sales price of $125,017 which equals $109.64 per sq. ft. of living area.  These homes averaged 43 days on the market before going under contract and sold for an average of 97% of list price.

About Miles Grant Homes and Condos in Stuart FL

Miles Grant in Stuart FL

All Miles Grant homes and condos for sale:

The Miles Grant community lies on the southern edge of the Rocky Point area of Stuart FL just north of Cove Road and very close to the Saint Lucie inlet and the Intracoastal Waterway.  This community is home to the Miles Grant Country Club.  The Miles Grant Golf Course is a par 64 course with some of the best conditions for golfers available in the local area.  There’s also 7 tennis courts and an active tennis club.  A full-service clubhouse with dining facilities and social membership.  More information about the Miles Grant Country Club can be found on their web site at www.MilesGrant.net.

Miles Grant in Stuart FL

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.

Miles Grant in Stuart FL

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

Miles Grant in Stuart FL

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

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Search here for all Miles Grant Homes

Hanson’s Landing Condo Search

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Country Club Cove

View past Miles Grant condo market reports here

Miles Grant Condos January 2020 Market Report

St Lucie County Single Family Homes December 2019 Market Report

St Lucie County Single Family Homes December 2019 Market Report

The December 2019, the St Lucie County Single Family Home Market showed strong sales activity for the end of 2019. Closed sales were up by 35.5% for the month (in November they were unchanged). New sales under contract (new pending sales) increased by 15.6% (they were up by 22.3% last month).

Prices were also up for the month.  The median sales price was up by 6.5% (was up by 9.8% in November).  The average sales price was up by 5.8% (it was up by 10.8% in November).

The number of available home listings decreased by 23 homes to 1,761 homes.  This inventory is 9.3% less than last year.  The current supply of homes is 3.5 months (it was 4.2 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 December 2019 Market Report

View previous St. Lucie County market reports here.

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 December 2019 Market Report

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Egret Pond January 2020 Real Estate Market Report

Egret Pond July 2019 Real Estate Market Report

As of January 2020, there are 2 homes on the market in Egret Pond community of the Martin Downs Country Club of Palm City FL.  These homes are listed for $215,000 and $259,000.  This is an average list price of $237,000 which equals $158.85 per square foot of living area.

There is 1 home currently under contract in Egret Pond. The list price was $234,900 or $162.90 per square foot of living area. This home was on the market for 37 days before going under contract.

In the past 12 months, there have been 7 home sales in Egret Pond. Sales prices ranged from $177,000 up to $240,000.  This works out to an average sales price of $215,571 which equals $135.92 per square foot of living area. These homes were on the market for an average of 39 days before going under contract and sold for 94% of list price.

About Egret Pond in Martin Downs:

Egret Pond in Martin Downs in Palm City FL

The Egret Pond community is a section of the Martin Downs Country Club of Palm City.   It contains 86 homes that were built in 1984 and 1985. These homes range in size from 2 bedrooms, 2 bathrooms and 1 car garage homes with just over 1,300 sq. ft. of living area up to 3 bedrooms, 2 bathrooms and 1 car garage with a little over 1,700 sq. ft. of livable space under AC.

These are all concrete block construction homes with flat cement tile roofs. The HOA fees are $240 per month which includes landscaping and lawn maintenance, basic cable TV, a reserve fund for the common areas, exterior painting and security. Martin Downs is a guard gated community with roving security patrols as needed.

All ages and pets are welcome in Egret Pond. Children are currently zoned to attend the Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

Egret Pond in Martin Downs

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

Egret Pond in Martin Downs in Palm City FL

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

View previous Egret Pond market reports in Martin Downs

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 July 2019 Real Estate Market Report

Martin County Townhouses and Condos December 2019 Market Report

Martin County Townhouses and Condos December 2019 Market Report

The Martin County Townhouses and Condos December Market Report had slightly better sales activity when compared to last year.  Closed sales for the month were up by 6.0%.  And, they were down by 7.5% in November.  New sales under contract (new pending sales) were unchanged from December 2018.  They increased by 16.1% in November.

Prices, though, continued to rise for December.  The median sales price increased by 9.7% (was up by 12.5% in November). While the average sales price increased by 10.8% (was up by 3.9% in November).

The inventory of available townhouses and condos increased by 9 units to 382 properties.  This is an 8.8% larger inventory then we had in December 2018.  Currently, there’s a 4.2 months supply of inventory (compared to 3.5 months for December 2018).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos December 2019 Market Report

Search for previous Martin County townhouses and condos 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 Townhouses and Condos December 2019 Market Report

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Rio Vista in Sewalls Point January 2020 Market Report

Rio Vista in Sewalls Point January 2019 Market Report

As of January 2020, there are no Rio Vista homes for sale in Sewalls Point.

There are also no Rio Vista homes under contract.

In the past 12 months, 4 Rio Vista homes have sold. Sales prices ranged from $400,000 up to $1,050,000. This works out to an average sales price of $673,750 which equals $280.15 per square foot of living area. These homes averaged 159 days on market before going under contract and sold for 94% of list price.

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point

Homes for sale in Sewalls Point:

The Rio Vista subdivision of South Sewalls Point spans the mid-portion of the South Sewalls Point peninsula from the Indian to the Saint Lucie River. Starting out at a low elevation on the east up to the higher bluffs of the Saint Lucie River with waterfront homes on both sides and non-waterfront homes in between. Rio Vista includes those 106 homes and lots that are located on Rio Vista Dr, Lantana Lane, S. Sewalls Point Rd, and S River Rd.

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.

The Rio Vista subdivision is a subdivision in the town of Sewalls Point. There are no specific amenities or fees that are unique to this portion of Sewalls Point. The Rio Vista portion of Sewalls Point is a very desirable area in Martin County and remains in great demand for its location, amenities and lifestyle possibilities.

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

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

Click this link to view previous Rio Vista market reports

View all Sewalls Point homes for Sale

Recent market Reports:

Rio Vista in Sewalls Point January 2019 Market Report

Martin County Single Family Homes December 2019 Market Report

Martin County Single Family Homes December 2019 Market Report

The Martin County Single Family Homes December 2019 Market Report had a second consecutive strong month of sales activity when compared to last year.  Closed sales were up by 18.3% from last month (were up by 27.0% in November).  While new pending sales decreased by 7.0% as compared to December 2018 (they increased by 10.7% in November).

Prices were down for December (2’nd month in a row.)  The median sales price was down by 4.3% from last year (it was down by 6.6% in November) while the average sales price decreased by 0.8% (it was down by 0.7% last month).

The inventory of available single-family homes increased from last month by 38 homes to 902 units for December, this is 4.8% less inventory than last December.  The current supply of homes is 4.5 months.  For December of last year, it was a 4.7 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes December 2019 Market 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.

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