River Pines May 2020 Market Report

05.06.20 by

River Pines May 2020 Market Report

For May 2020, there are 6 River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $169,000 up to $199,900.  This is an average list price of $184,450 or $143.21 per sq. ft. of living area.

There are 6 River Pines townhouses currently under contract.  The list prices ranged from $160,000 up to $197,000.  This is an average list price of $179,067 which is $139.03 per sq. ft. of living area.  These homes were on the market for an average of 52 days prior to going under contract.

In the past 12 months, 24 River Pines townhomes have sold. The sales prices ranged from $127,000 up to $193,500.  This works out to an average sales price of $168,438 which equals $130.13 per sq. ft. of living area.  These townhomes were on the market for an average of 43 days prior to going under contract and sold for an average of 98% of the list price.

Click here to view the previous River Pines market reports

About River Pines in Stuart FL:

River Pines townhomes in Stuart FL

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes.   This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines townhomes in Stuart FL

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts, and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines townhomes in Stuart FL

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines townhomes in Stuart FL
River Pines townhomes in Stuart FL

Search for all River Pines Town Homes 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.

River Pines May 2020 Market Report

Ocean Bay Villas May 2020 Market Report

05.05.20 by

Ocean Bay Villas May 2020 Market Report

For May 2020, there are 3 Ocean Bay Villas townhomes available for sale in this Hutchinson Island FL community.  List prices range from $439,900 up to $479,000.  This is an average list price of $462,633 or $180.06 per sq. ft. of living area.

There is 1 townhome currently under contract.  The list price was $449,000 which is $189.13 per sq. ft. of living area.  This property was on the market for 80 days prior to going under contract.

There have been 4 sales in the past 12 months.  Sales prices ranged from $328,000 up to $422,000. This equals an average sales price of $384,250 which works out to $167.53 per sq. ft. of living area.  These homes sold for an average of 96% of list price and averaged 126 days on market before going under contract.

Click here to view the previous Ocean Bay Villas market reports

About the Ocean Bay Villas on Hutchinson Island in Jensen Beach:

Ocean Bay Villas on Hutchinson Island in Jensen Beach

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave with only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three-story luxury townhome-style residences with elevators and modern updated interiors.

  • Ocean Bay Villas on Hutchinson Island in Jensen Beach
  • Ocean Bay Villas on Hutchinson Island in Jensen Beach

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

  • Ocean Bay Villas on Hutchinson Island in Jensen Beach
  • Ocean Bay Villas on Hutchinson Island in Jensen Beach
  • Ocean Bay Villas on Hutchinson Island

All models have two-car garages, 9 and 10-foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool, and spa.  A true resort-style lifestyle that can be yours every day.

Ocean Bay Villas on Hutchinson Island in Jensen Beach

Search for all Available Ocean Bay Villas on Hutchinson Island 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.

Ocean Bay Villas May 2020 Market Report

The Arbors in Hobe Sound May 2020 Market Report

05.04.20 by

The Arbors in Hobe Sound May 2020 Market Report

There are 5 homes available for sale in The Arbors as of May 2020.  List prices range from $499,900 up to $725,000.  This is an average list price of $582,760 or $223.29 per sq. ft. of living area.

There are no homes in the Arbors currently under contract.

In the past 12 months, 14 homes have sold in the Arbors.  Sales prices ranged from $360,000 up to $700,900.  This works out to an average sales price of $524,976 which equals $213.13 per sq. ft. of living area.  These sales averaged 96% of list price. They were on the market for an average of 83 days prior to entering into an agreement for sale.

Click here to view the previous Arbors market reports

About the Arbors in Hobe Sound:

the Arbors in Hobe Sound

In northern Hobe Sound, just off of Seabranch Avenue is the exclusive 190 homes of the Arbors.  This gated community of homes all border on lakes or preserve. Most have generous lot sizes with elbow room not found in many modern developments.  In addition to the two serene lakes, the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines. Offering a great home to native flora and fauna.  Residents of the Arbors enjoy seeing endangered scrub jays and gopher tortoises as well as pairs of sand hill cranes.   To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land.  Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

the Arbors in Hobe Sound

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County.  Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting.  The Arbors is less than an hour away from Palm Beach International Airport and just about equidistant from Miami and Orlando, both only two plus hours by car.

the Arbors in Hobe Sound

The Arbors is a wonderful place to call home.

Search for all Arbors Homes in Hobe Sound Real Estate

Recent market reports:

If you’d like additional Stuart Florida area real estate information, please Gabe Sanders at any time or simply search for properties at GabeSanders.com

And, the latest market reports for Martin County, Saint Lucie County and the State of Florida are always available on this link.

The Arbors in Hobe Sound May 2020 Market Report

Ocean Dunes Condos on Hutchinson Island May 2020 Market Report

05.03.20 by

Ocean Dunes Condos on Hutchinson Island May 2020 Market Report

As of May 2020, there was only 1 condo for sale in Ocean Dunes on Hutchinson Island in Jensen Beach FL.  The list price is $450,000 or $346.69 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, there have been no sales of ocean Dunes condos.

Click here for previous Ocean Dunes market reports!

About Ocean Dunes Condos in Jensen Beach FL:

Ocean Dunes Condos in Jensen Beach FL

Just north of the Jensen Beach Causeway is the very exclusive Ocean Dunes Condo Building.  This 8 story elevator building was built in 1982 and contains only 28 units.  No more than 4 condos per floor with the penthouse having two spacious double sized units of 2,502 sq. ft. under AC each.  The remaining condos are all 2 bedroom, 2 bath with the corner units having 1,298 sq. ft. of living area and the interior ones having 1,228.

Ocean Dunes Condos in Jensen Beach FL

There is ample parking as well as beach access, private pool and a tennis court.  One small pet is allowed as well as rentals are permitted with some restrictions.  The current condo fees are $530 per month as of December 2016.

Ocean Dunes Condos in Jensen Beach FL

There is shopping located across the street and it’s only a short drive to downtown Jensen Beach.

  • Ocean Dunes Condo in Jensen Beach
  • Ocean Dunes Condo in Jensen Beach
  • Ocean Dunes Condo in Jensen Beach

Click here to search for available Ocean Dunes Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Ocean Dunes Condos on Hutchinson Island May 2020 Market Report

Coral Lakes May 2020 Market Report

05.02.20 by

Coral Lakes May 2020 Market Report

For May 2020 there are 3 homes available for sale in Coral Lakes in Stuart FL.  The list prices range from $369,000 up to $494,900. This is an average list price of $414,300 which is equal to $193.84 per sq. ft. of living area.

There are no homes currently under contract in Coral Lakes.

5 homes have sold in the past 12 months in Coral Lakes.  These homes sold for prices ranging from $349,900 up to $465,000.  This equals an average sales price of $425,980 which works out to $202.33 per sq. ft. of living area. These homes were on the market for an average of 60 days before going under contract and sold for 99% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes in Stuart FL

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates, and management (as of March 2019).  Many homes have private pools in these spacious single family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

  • Coral Lakes real estate in Stuart FL
  • Coral Lakes real estate in Stuart FL
  • Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Check here to see which Coral Lakes homes are available 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.

Coral Lakes May 2020 Market Report

Poppleton Creek Condo Market Report for May 2020

05.01.20 by

Poppleton Creek Condo Market Report for May 2020

As of May 2020, there were 2 condos available for sale in the Poppleton Creek community of Stuart, FL. The list prices are $90,000 and $189,000. This is an average list price of $139,500 or $132.62 per sq. ft. of living area.

There are also 2 condos currently under contract. List prices were $95,900 and $155,000. This is an average list price of $125,450 or $121.38 per sq. ft. of living area.  These condos were on the market for 21 days prior to going under contract.

In the past 12 months, there have been 12 condo sales in Poppleton Creek.  Sales prices ranged from $80,000 up to $159,000 for an average sales price of $118,583 which equals $114.10 per sq. ft. of living area.  These condos averaged 69 days on the market before going under contract and sold for an average of 96% of list price.

Click here to view previous Poppleton Creek market reports!

About the Poppleton Creek Condo Community in Stuart FL:

Poppleton Creek condos in Stuart Florida
Google Earth image

Conveniently located just west of US-1 (Federal Highway) on Kanner Highway and close to downtown Stuart is the Poppleton Creek Condo Complex.

 This community consists of two sections.  One is a more traditional type of condo building with units consisting of mostly 2 bedroom condos and a few 1 bedroom units built in 1974 with approximately 875 sq. ft. of living area.  There is also a newer section built-in 1981 with 1,250 sq. ft. condos that are more like townhomes with 2 bedrooms and 2 bathrooms.

The newer section, which was completed between the years of 1984 and 1985 is referred to as the Gardens at Poppleton Creek and consists of a more open plan that are all 1,164 sq. ft. of living area with 2 bedrooms and 2 bathrooms.

Recently sold Poppleton Creek condos:

Some units in both of the newer sections look out at and are along the shores of Poppleton Creek which has ocean access through the Saint Lucie River.  There are docks available in Poppleton Creek that are only suitable for smaller boats as the waters are fairly shallow and one must travel under the Palm City Road bridge which only has limited clearance. There is also a place for kayak storage and launching.

One medium-sized pet is allowed (under 35 lbs.) and rentals are also allowed with restrictions.  There is ample parking but no commercial vehicles are allowed.  Units do have washer and dryer hookups for in-home laundry.

Poppleton Creek Condos in Stuart FL

There are two community pools and unfortunately no sports courts at this time.  All ages are welcome and children currently attend the J.D. Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.

Poppleton Creek Condos in Stuart FL

Click here to see all the currently listed condos in Poppleton Creek (If any)

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.

Poppleton Creek Condo Market Report for May 2020

St Lucie County Townhouses and Condos March 2020 Market Report

04.30.20 by

St Lucie County Townhouses and Condos March 2020 Market Report

The St Lucie County Townhouses and Condos market for March 2020 had weaker closed sales activity for March and new pending sales are off considerably. I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were down by 3.0% from last year (were up by 7.5% in January). New pending sales were down by 30.2% for March (they were down by 9.4% in February).

March prices were mostly lower as well.  The median price decreased by 10.9% from last year (was up by 24.1% in February) while the average sales price increased by .06% (was up by 22.4% in January).

The inventory of available townhouses and condos increased by 2 units from last month to 618 units. This is 0.8% less than we had in March 2019. The current inventory is 6.3 months, as compared to 6.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market is now in 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 March 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 March 2020 Market Report

Canopy Creek April 2020 Market Report

04.30.20 by

Canopy Creek April 2020 Market Report

There are 4 homes currently for sale in Canopy Creek in Palm City.  List prices range from $839,990 up to $947,990.  This is an average list price of $881,495 which equals $232.94 per sq. ft. of living area.

There are no homes currently under contract in Canopy Creek. 

In the past 12 months, 8 Canopy Creek homes have sold.  Sales prices ranged from $687,570 up to $980,000.  This equals an average sales price of $824,058 which works out to $220.11 per sq. ft. of living area.  These homes averaged 119 days on market prior to going under contract and the sales prices averaged 96% of list price.

Click here to view past Canopy Creek Market reports.

About Canopy Creek in Palm City FL:

Canopy Creek in Palm City Florida

Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy.  With just 300 homes on 700 acres of preserves and wetlands, this community affords luxury living without the crowds of urban areas.  Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek in Palm City Florida

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida and one of the finest public school systems in Florida. Canopy Creek is your best choice for new homes in Palm City, Florida.

Canopy Creek in Palm City Florida

New homes range in size from just over 3,000 sq. ft. of living area up to 4,100 sq. ft. Clients of the Gabe Sanders Realty Team may qualify for some special promotional discounts.  Please call us for details.

Canopy Creek in Palm City FL
Canopy Creek in Palm City FL

Search here for all Canopy Creek 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.

Canopy Creek April 2020 Market Report

St Lucie County Single Family Homes March 2020 Market Report

04.29.20 by

St Lucie County Single Family Homes March 2020 Market Report

The February 2020, the St Lucie County Single Family Home Market had stronger closed sales activity for March and is our only local sector without a large drop in pending sales. Closed sales were up by 15.1% for the month (in February they were up by 2.5%). New sales under contract (new pending sales) decreased by 1.5% (they were up by 26.4% last month).

Prices were up for the month.  The median sales price was up by 5.5% (was up by 2.6% in January).  The average sales price was up by 2.9% (it was up by 4.4% in February).

The number of available home listings increased by 11 homes to 1,888 homes.  This inventory is 10.3% less than last year.  The current supply of homes is 3.8 months (it was 4.6 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 March 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 March 2020 Market Report

Joes Point April 2020 Real Estate Market Report

04.29.20 by

Joes Point April 2020 Real Estate Market Report

As of October 2019, there are 6 homes for sale in Joes Point on Hutchinson Island.  These homes are listed from $1,215,000 up to $2,200,000.  This works out to an average list price of $1,660,833 or $492.06 per sq. ft. of living area.

There is 1 Joes Point home currently under contract. The list price was $950,000 which is $285.11 per sq. ft. of living area. This home was on the market for 360 days before going under contract.

In the past 12 months, only 1 home has sold in Joes Point. The sales price was $619,000 which equals $243.99 per sq. ft. of living area. This home was on the market for 6 days before going under contract. It sold for 99% of list price.

Click here to view previous Joes Point market reports.

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson Island

One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula that juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boater’s paradise.  Abundant fishing is just off the dock or go just a few minutes further for some deep-sea fishing and adventure.

Joes Point on Hutchinson Island in Stuart FL

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of October 2019 were under $300 per month and include central water and sewer service.

  • Joes Point on Hutchinson Island
  • Joes Point on Hutchinson Island
  • Joes Point on Hutchinson Island

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA owned beach area.

Joes Point on Hutchinson Island

Search here for any available Joes Point 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.

Joes Point April 2020 Real Estate Market Report

Martin County Townhouses and Condos March 2020 Market Report

04.28.20 by

Martin County Townhouses and Condos March 2020 Market Report

The Martin County Townhouses and Condos report had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector.  Closed sales for the month were up by 16.7%.  They were up by 21.4% in February.  New sales under contract (new pending sales) were down by 33.1% from last month.  They were up by 31.6% for February.

Prices, though, were up sharply for March.  The median sales price increased by 25.6% (was up by 3.2% in February). While the average sales price increased by 32.6% (was up by 9.3% in February).

The inventory of available townhouses and condos increased by 27 units to 438 properties.  This is a 2.9% smaller inventory then we had in March 2019.  Currently, there’s a 4.7 months supply of inventory (compared to 4.7 months for March 2019).  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 March 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 March 2020 Market Report

The Charter Club at Martin Downs April 2020 Market Report

04.28.20 by

The Charter Club at Martin Downs April 2020 Market Report

There are currently 3 homes for sale in the Charter Club at Martin Downs in Palm City FL.  List prices range from $249,500 up to $269,500.  This is an average list price of $260,333 or $172.12 per sq. ft. of living area.

There is 1 Charter Club home under contract..   The list price was $289,900 which is $112.45 per sq. ft. of living area.  This home was on the market for 44 days before going under contract.

In the past 12 months 13 Charter Club homes have sold.  Sales prices ranged from $217,000 up to $275,000. This equals an average sales price of $258,000 which equals $172.86 per sq. ft. of living area.  These homes were under contract in an average of 58 days and sold for an average of 97% of list price.

Click here to view previous Charter Club market reports.

About the Charter Club at Martin Downs:

The Charter Club at Martin Downs

The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses, and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

Charter Club in Palm City Martin Downs

Home sizes range from 3 bedrooms, 3 bathrooms, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedrooms, 2 bathrooms homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two-car, though a few of the smaller homes only have one car garages.

Charter Club in Palm City Martin Downs

There are a community pool and hot tub for residents as well as to tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium-sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

Charter Club in Palm City Martin Downs

The HOA fee is currently $235 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control, and trash service.

Charter Club in Palm City Martin Downs

A wonderful and safe community neighborhood that’s close to ‘A’ rated schools.  The Charter Club at Martin Downs is a great place to call home.

the Charter Club at Martin Downs

Search here for Charter 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

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

The Charter Club at Martin Downs October 2019 Market Report

Martin County Single Family Homes March 2020 Market Report

04.27.20 by

Martin County Single Family Homes March 2020 Market Report

The Martin County Single Family Homes Market Report had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 7.8% from last month (were up by 1.2% in January).  While new pending sales decreased by 31.9% as compared to last month when they increased by 6.4%.

Prices were mostly lower for March.  The median sales price was unchanged from last year (it was up by 13.8% in February) while the average sales price decreased by 7.8% (it was down by 37.1% last month).

The inventory of available single-family homes increased from last month by 46 homes to 969 homes for March. This is 15.6% less inventory than last January.  The current supply of homes is 4.7 months.  For February of last year, it was a 5.7 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 a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 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 March 2020 Market Report

Admiral Condos April 2020 Market Report

04.27.20 by

Admiral Condos April 2020 Market Report

As of April 2020, there are 4 condos for sale in the Admiral on Hutchinson Island in Jensen Beach FL.  List prices ranged from $385,000 up to $499,000. This is an average list price of $445,725 or $304.31 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 6 condos have sold in the Admiral.  The sales prices ranged from $390,000 up to $625,000.  This is an average sales price of $467,483 which equals $299.12 per sq. ft. of living area.  These condos went under contract in an average of 109 days after being listed.  They sold for an average of 95% of the list price.

Click here to view some previous Admiral market reports.

About the Admiral Condominium on Hutchinson Island at Island Dunes:

Admiral Condominium on Hutchinson Island at Island Dunes

The Admiral Condominiums at Island Dunes in Jensen Beach FL is a high rise building with 104 condos that were built in 1983.  Residents of the Admiral belong to the Island Dunes Country Club.  This offers Amenities include a challenging nine-hole golf course on the banks of the Indian River; a championship tennis club; a pro shop; a deep-water marina; and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.

Admiral Condominium on Hutchinson Island at Island Dunes

Condos in the Admiral range from 3 bedrooms, 3 bathrooms units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedrooms, 2 bathrooms condos with 1,377 sq. ft.  Condo fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.

  • Admiral Condominium on Hutchinson Island at Island Dunes
  • The Admiral Condominium at Island Dunes

All units have wonderful ocean views while many also have sweeping views of the Intracoastal (Indian River) as well as the Island Dunes golf course.  There’s also private beach access as well as barbecue facilities.

Admiral Condominium on Hutchinson Island at Island Dunes

Wonderful amenities are included such as a full first-floor common area with kitchen and space for parties, a game room, fitness center, and sauna.  The Admiral is a pet-free building. Rentals are allowed with restrictions.

Admiral Condominium on Hutchinson Island at Island Dunes

For those wishing to experience a true resort-style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.

Search Links:

Click on this link for the currently available Admiral Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Admiral Condos April 2020 Market Report

Montego Cove April 2020 Market Report

04.26.20 by

Montego Cove April 2020 Market Report

There are 5 condos for sale in Montego Cove in Stuart FL for October 2019.  List prices range from $190,900 up to $269,900.  This is an average list price of $225,160 which works out to $141.59 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 17 condos have sold in Montego Cove.  Sales prices ranged from $156,000 up to $252,000.  This equals an average sales price of $194,548 which is $125.42 per sq. ft. of living area.  These condos averaged 106 days on market before accepting the final offer and sold for an average of 95% of the last listed price.

Click here to view previous Montego Cove market reports.

About the Montego Cove Condos in Stuart FL

Montego Cove

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total of 182 units that are mostly 2 bedrooms, 2 bathroom condos, and a few 3 bedroom ones and one 1 bedroom condos.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove

This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard, and a clubhouse. This is a 55 and over age-restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Montego Cove

There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove Condos in Stuart FL

An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities, as well as professional services, are also only a short distance away.

Montego Cove Condos in Stuart FL

The condo fees includes the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos 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.

Montego Cove April 2020 Market Report

Indian River Point April 2020 Market Report

04.25.20 by

Indian River Point April 2020 Market Report

For October 2019, there is just 1 home available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  This home is listed for $420,000 which equals $207.10 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 7 homes have sold in this waterfront community.  The sales prices ranged from $270,000 up to $505,000.  This works out to an average sales price of $325,571 or $196.94 per sq. ft. of living area.  These homes took an average of 132 days on the market before going under contract. Sales prices were an average of 93% of the list price.

Click here to view previous Indian River Point market reports.

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.

  • Indian River Point in Jensen Beach
  • Indian River Point in Jensen Beach

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 in Jensen Beach
  • Indian River Point in Jensen Beach

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

Search for Indian River Point Homes for Sale in Jensen Beach

Recent market reports:

Indian River Point April 2020 Market Report

Florida Townhouses and Condos March 2020 Market Report

04.24.20 by

Florida Townhouses and Condos March 2020 Market Report

Florida Townhouses and Condos had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector.  Closed sales were up by 4.7% as compared to last month’s increase of 10.8%.  New sales under contract (new pending sales) decreased by 35.0% (In February there was an 13.9% increase).

Prices were up for March.  The median sales price was up by 10.8% (was up by 6.7% in February), while the average sales price increased by 7.2% (was up 2.6% in February).

The inventory of active listings decreased by 8.5% from March of last year.  This results in 5.5 months of inventory as compared to 6.3 months for March 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos March 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 March 2020 Market Report

Palm Pointe and Palm Isles April 2020 Market Report

04.24.20 by

Palm Pointe and Palm Isles April 2020 Market Report

There are currently 2 active listings in Palm Pointe and Palm Isles community of Palm City FL.  List prices for these homes are $289,900 and $329,900. This results in an average list price of $309,900 which equals $152.23 per sq. ft. of living area.

There aren’t any homes under contract at this time.

3 homes have sold in the past 12 months.  Sales price ranged from $295,500 up to $305,000.  This equals an average sales price of $300,167 which works out to $168.29 per sq. ft. of living area.  These homes were on the market for an average of 29 days prior to going under contract. And, they sold for an average of 99% of list price.

Click here to view previous Palm Pointe and Palm Isles market reports.

About the Palm Isles and Palm Pointe Community in Palm City:

Palm Isles and Palm Pointe in Palm City

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95. A great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also, within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

Palm Pointe and Palm Isles in Palm City

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts, and a playground.

Palm Isles and Palm Pointe in Palm City

Homes range in size from 2 bedrooms, 2 bathrooms homes of around 1,400 sq. ft. of living space plus a two-car garage, up to 4 bedrooms, 4 bathrooms homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

Palm Isles and Palm Pointe in Palm City

Low HOA fees cover the maintenance and insurance for the common areas and management of the community. Large pets and rentals are allowed. There are vehicle restrictions for commercial trucks.

  • Palm Pointe and Palm Isles in Palm City
  • Palm Pointe and Palm Isles in Palm City
  • Palm Pointe and Palm Isles in Palm City

Search for Palm Pointe and Palm Isles 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.

Palm Pointe and Palm Isles April 2020 Market Report

Florida Single Family Homes March 2020 Market Report

04.23.20 by

Florida Single Family Homes March 2020 Market Report

The Florida Single Family Home sales had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 6.4% (were up by 9.1% in February). New sales under contract (new pending sales) were down by 22.6% (were up by 12.5% in February).

Prices were up for March.  The median sales price rose by 7.4% (it was up by 8.0% in February). The average sales price was up by 8.9% (it was up by 7.9% last month).

The inventory of available homes for sale decreased by 14.0% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (March 2019 had a 4.2 months supply)  A balanced market favoring neither buyers or 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 March 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 March 2020 Market Report

Island Village Hutchinson Island April 2020 Market Report

04.23.20 by

Island Village Hutchinson Island April 2020 Market Report

There are no townhomes for sale in the Island Village community of Hutchinson Island for April 2020.

There is 1 home under contract in Island Village at this time. The list price was $169,000 or $127.26 per sq. ft. of living area. This home was on the market for 7 days before going under contract.

11 townhomes have sold in the past 12 months.  Sales prices ranged from a low of $132,000 up to $190,000.  This works out to an average sales price of $157,864 which equals $124.30 per sq. ft. of living area.  These homes averaged 121 days on the market prior to going under contract and sold for an average of 96% of list price.

Click here to view previous Island Village market reports.

About Island Village on Hutchinson Island FL:

Island Village on Hutchinson Island FL

Island Village in Jensen Beach on Hutchinson Island is a townhouse community that was developed between 1981 and 1983.  Located on a huge preserve area on the west side of Highway A-1-A  with deeded ocean access just across the street. Island Village was created in two different phases, with phase I offering 28 quad style townhouses that offer 2 bedrooms, 2 and ½ baths and 1,328 sq. ft. of living area.  While phase II consists of 96 units of 1,270 sq. ft. with 2 bedrooms and 1 and ½ baths, in buildings with various sized units.

Island Village Townhouses on Hutchinson Island

The HOA fees include Cable, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Maintenance Interior, Manager, Recreational Facility, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water. Please see the individual listing details for the current rates.

  • Island Village Townhouses on Hutchinson Island
  • Island Village Townhouses on Hutchinson Island

This community is pet-friendly and allows up to two small pets per unit.  Rentals are also permitted with a minimum duration restriction.

  • Island Village Townhouses on Hutchinson Island
  • Island Village Townhouses on Hutchinson Island

Amenities include a heated pool, two tennis courts, and common areas as well as a deeded beach access area.

Island Village Townhouses on Hutchinson Island

Click here for the currently available Island Village Townhouses for sale

palm pointe

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.

Island Village Hutchinson Island April 2020 Market Report