Indian River Point October 2020 Market Report

Indian River Point October 2020 Market Report

For October 2020, there are 2 homes for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  List prices are $399,000 and $429,000. This is an average list price of $414,000 which equals $283.11 per sq. ft. of living area.

There is 1 home currently under contract. The list price was $429,000 which is $226.98 per sq. ft. of living area. This home was on the market for 20 days before going under contract.

In the past 12 months, 2 homes have sold in this waterfront community.  The sales prices were $450,000 and $505,000.  This works out to an average sales price of $477,500 or $250.68 per sq. ft. of living area.  These homes averaged 30 days on the market before going under contract. Sales prices were an average of 96% of the list price.

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About Indian River Point:

Indian River Point

Situated on the shores of the wide Intracoastal on the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two-story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.

Indian River Point is a wonderful and tight-knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full-time Florida home.

Indian River Point in Jensen Beach

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Indian River Point October 2020 Market Report

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