Lighthouse Point and Seagate Harbor Market Report March 2020

03.31.20 by

Lighthouse Point and Seagate Harbor Market Report March 2020

For March 2020, we have 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  Listing prices are from a low of $440,000 to a high of $1,448,000.  This is an average listing price of $841,970 which equals $361.15 per square foot of living area.

There are 4 homes currently under contract.  List prices ranged from $550,000 up to $795,000. This is an average list price of $644,625 or $327.23 per square foot of living area.  And, this home was on the market for 159 days before going under contract.

18 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sales prices ranged from $340,000 up to $930,000.  This works out to an average sales price of $574,804 which equals $277.46 per square foot of living area.  These homes sold after an average of 85 days on the market and for an average of 96% of list price.

Click here for previous Lighthouse Point and Seagate Harbor market reports.

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A-Rated schools!

Lighthouse Point and Seagate Harbor real estate in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes come with wide views of the Saint Lucie River. There is a community boat ramp is also available providing everything a boater would ever want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get-togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high span 60’ +). These canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in a major transformation. Many larger and newer homes are replacing the smaller homes of the previous era.

Lighthouse Point and Seagate Harbor in Palm City FL

Those of you looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.

Search for available homes in Lighthouse Point and Seagate Harbor

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.

Lighthouse Point and Seagate Harbor Market Report March 2020

St Lucie County Townhouses and Condos February 2020 Market Report

03.30.20 by

St Lucie County Townhouses and Condos February 2020 Market Report

The St Lucie County Townhouses and Condos market for February 2020 had mixed sales activity for the second month of the year.  Closed sales were up by 7.5% from last year (were down by 18.1% in January). New pending sales were down by 9.4% for February (they were up by 10.9% in January).

However, prices were up sharply for February.  The median price increased by 24.1% from last year (was up by 0.3% in January) while the average sales price increased by 22.4% (was up by 23.8% in January).

The inventory of available townhouses and condos increased by 30 units from last month to 616 units. This is 3.1% less than we had in February 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 February 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 February 2020 Market Report

Governors Landing March 2020 Market Report

03.30.20 by

Governors Landing March 2020 Market Report

There are 2 homes on the market in Governors Landing in Hobe Sound FL for March 2020.  These home are listed for $649,000 and $2,000,000. This is an average list price of $1,324,500 or $339.71 per sq. ft. of living area.

There is 1 home currently under contract. The list price was $620,000 which is $224.31 per sq. ft. of living area. This home was on the market for 28 days before going under contract.

In the past 12 months, only 1 Governors Landing home has sold.  The sales price was $400,000 which equals $211.53 per sq. ft. of living area.  This home sold for 87% of list price and was on the market for 129 days prior to going under contract.

Click here to view previous Governors Landing market reports.

About Governors Landing in Hobe Sound FL

Governors landing in Hobe Sound FL

Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks.   And, on the west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  This is a very conveniently location about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors landing in Hobe Sound FL

Governors Landing has both canal homes with ocean access docks as well as lakefront homes. Many of the non-canal homes come with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Governors landing in Hobe Sound FL

Homes were built between 1988 and 2006 in Governors Landing.  Existing lot sizes range from just over 1/6th to just under ½ acres. The home sizes range from 3 bedrooms, 2 bathrooms, 2 car garage with around 2,400 sq. ft. of air-conditioned living area up to 5 bedrooms, 5 bathrooms, 3 car garage homes with 5,000 sq. ft. of living area.

  • Governors Landing of Hobe Sound FL
  • Governors Landing of Hobe Sound FL

Low HOA fees includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.

  • Governors Landing of Hobe Sound FL
  • Governors Landing of Hobe Sound FL

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School, and South Fork High School.

For those looking for luxury ocean access homes with convenient access to good schools, medical facilities, and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing 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.

Governors Landing March 2020 Market Report

South Fork Estates Real Estate Market Report for March 2020

03.29.20 by

South Fork Estates Real Estate Market Report for March 2020

There are currently no homes for sale in South Fork Estates in Stuart FL. 

There are 3 homes under contract at this time in South Fork Estates.  The listing prices ranged from $515,000 up to $599,000. This is an average list price of $557,667 which equals $218.07 per sq. ft. of living area. These homes went under contract in an average of 60 days after coming on the market.

In the past 12 months, there have been 7 sales in South Fork Estates.  These homes had sales prices from $363,000 up to $565,400.  This works out to an average sales price of $455,414 which is $208.03 per square foot of living area.   These homes averaged 89 days on the market before going under contract and sold for an average of 97% of list price.

Click here for previous South Fork Estates market reports.

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart FL

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart FL

There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

South Fork Estates in Stuart FL

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

South Fork Estates in Stuart FL

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart FL - RV and Boat Lot

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Search for homes for sale in South Fork Estates

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.

South Fork Estates Real Estate Market Report for March 2020

Martins Crossing Market Report March 2020

03.28.20 by

Martins Crossing Market Report March 2020

There are currently 5 homes for sale in Martins Crossing.  Prices range from $299,000 up to $405,000.  This is an average list price of $339,298 which equals $156.02 per sq. ft. of living area.

There are 7 homes currently under contract.  List prices ranged from a low of $200,000 up to $375,000.  This equals an average list price of $285,500 which is $149.80 per sq. ft. of living area.  These homes went under contract in an average of 27 days.

In the past twelve months, 27 homes have sold in Martins Crossing.  Sales prices ranged from a low of $190,000 to a high of $380,000.  This equals an average sales price of $270,974 which works out to $147.84 per sq. ft. of living area.  These homes sold at an average of 98% of list price and were under contract in an average of 41 days.

Click here to view previous Martins Crossing market reports.

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart FL

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing in Stuart FL

Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing in Stuart FL

Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Market Report March 2020

St Lucie County Single Family Homes February 2020 Market Report

03.27.20 by

St Lucie County Single Family Homes February 2020 Market Report

The February 2020, the St Lucie County Single Family Home Market showed continued strong sales activity for February. Closed sales were up by 2.5% for the month (in January they were up by 22.2%). New sales under contract (new pending sales) increased by 26.4% (they were up by 23.7% last month).

Prices were also up for the month.  The median sales price was up by 2.6% (was up by 4.2% in January).  The average sales price was up by 4.4% (it was up by 4.8% in January).

The number of available home listings decreased by 52 homes to 1,877 homes.  This inventory is 13.5% less than last year.  The current supply of homes is 3.8 months (it was 4.8 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 February 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 February 2020 Market Report

The Meadows Palm City March 2020 Market Report

03.27.20 by

The Meadows Palm City March 2020 Market Report

There are currently 10 homes for sale in the Meadows in Palm City FL.  List prices range from $259,900 up to $399,850.  This is an average list price of $318,565 which equals $186.17 per sq. ft. of living area.

There are currently 7 homes under contract in the Meadows.  These homes were listed from $181,500 up to $384,900.  This is an average list price of $294,886 which is $169.42 per sq. ft. of living area.  These homes averaged 38 days on the market before going under contract.

In the past 12 months, there have been 57 sales in the Meadows.  Sales prices ranged from a low of $150,000 up to $437,500.  This is an average sales price of $256,010 or $157.89 per sq. ft. of living area.  These homes went under contract in an average of 45 days and sold for an average of 96% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

 

The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6  distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

Entrance to the Meadows

The Meadows is a guard gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

 

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

 

Meadows History:

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.

 

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

 

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Search for the Meadows 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 Meadows Palm City March 2020 Market Report

Martin County Townhouses and Condos February 2020 Market Report

03.26.20 by

Martin County Townhouses and Condos February 2020 Market Report

The Martin County Townhouses and Condos showed very strong sales activity after a relatively weak start for the year.  Closed sales for the month were up by 21.4%.  And, they were down by 11.0% in January.  New sales under contract (new pending sales) were up by 31.6% from last month.  They were down by 3.6% for January.

Prices also continued to rise for February, though at reduced rates.  The median sales price increased by 3.2% (was up by 2.4% in January). While the average sales price increased by 9.3% (was up by 1.0% in January).

The inventory of available townhouses and condos decreased by 10 units to 411 properties.  This is a 9.7% smaller inventory then we had in February 2019.  Currently, there’s a 4.5 months supply of inventory (compared to 4.7 months for February 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 February 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 February 2020 Market Report

Tesoro Club March 2020 Real Estate Market Report

03.26.20 by

Tesoro Club March 2020 Real Estate Market Report

There are currently 14 homes available to purchase in the Tesoro Club in Port St Lucie FL.  List prices range from $480,000 up to $1,650,000.  This is an average list price of $1,009,707 or $216.81 per sq. ft. of living area.

One home is currently under contract in the Tesoro Club. The list price was $775,000 which is $166.60 per sq. ft. of living area. This home was on the market for 21 days before going under contract.

In the past 12 months, there have been 13 sales in the Tesoro Club.  Sales prices ranged from a low of $282,500 up to $770,000.  This works out to an average sales price of $560,535 which equals $156.39 per sq. ft. pf living area.  These homes sold at an average of 92% of list price and were on the market for an average 171 days prior to going under contract.

Click here to view previous Tesoro Club market reports.

About Tesoro in Port St. Lucie FL:

Tesoro real estate in Port St Lucie FL


One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

Tesoro real estate in Port St Lucie FL

The centerpiece of the Tesoro club is a 100,000 plus square foot three-story clubhouse overlooking a 120-acre lake.  This full-service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

Tesoro real estate in Port St Lucie FL

In addition to the world-class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full-time ATP Tennis Director offering lessons, clinics, and a full-service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro real estate in Port St Lucie FL

For those needing more pampering, there’s a full-service spa and salon on-premises.  And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Tesoro real estate in Port St Lucie FL

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedrooms, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter-acre lots.

Tesoro real estate in Port St Lucie FL
Additional Tesoro Information: 

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available resale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots, it starts around $580 a month and includes lawn, landscaping, 24 hours monitored security, basic cable TV, management and exterior pest control.

Tesoro Update:  As of early summer 2019 the owner of the Tesoro Golf Club has shut down the golf course and the clubhouse.  Talks are ongoing as of this writing as to whether the club and clubhouse will be sold and re-opened under new ownership

Here are some of the currently available homes in Tesoro

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.

Tesoro Club March 2020 Real Estate Market Report

Martin County Single Family Homes February 2020 Market Report

03.25.20 by

Martin County Single Family Homes February 2020 Market Report

The Martin County Single Family Homes Market Report had stronger sales activity than last year, but not as robust as last month.  Closed sales were up by 1.2% from last month (were up by 25.2% in January).  While new pending sales increased by 6.4% as compared to last month when they increased by 23.4%.

Prices rose sharply for February.  The median sales price was up by 13.8% from last year (it was down by 12.9% in January) while the average sales price increased by 37.1% (it was down by 24.2% last month).

The inventory of available single-family homes decreased from last month by 3 homes to 923 homes for January. This is 21.6% less inventory than last January.  The current supply of homes is 4.6 months.  For February of last year, it was a 5.9 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 February 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 February 2020 Market Report

Hammock Creek March 2020 Market Report

03.25.20 by

Hammock Creek March 2020 Market Report

There are currently 7 homes actively listed in Hammock Creek in Palm City, Florida.  The list prices range from $392,000 up to $669,000.  This is an average list price of $537,114 which is $186.48 per square foot of living area.

There are 3 homes currently under contract awaiting closing.  The list prices ranged from a low of $489,000 up to $664,900.  This is an average list price is $596,300 and equals $188.82 per square foot of living area.  These homes averaged 37 days on the market before going under contract.

In the past 12 months, 32 homes have sold in Hammock Creek.  Sales prices ranged from $395,000 up to $695,000. This is an average sales price of $524,563 which works out to $170.18 per square foot of living area.  These homes went under contract in an average of 50 days and sold for an average of 97% of list price.

Click here to view previous Hammock Creek market reports.

About Hammock Creek in Palm City FL:

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s. Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A-Rated Palm City schools make Hammock Creek one of Martin County’s premier neighborhoods.

The HOA fees vary depending on which section of Hammock Creek the home is in.

The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City Elementary, Hidden Oaks Middle, and Martin County High Schools.

Search here for all Hammock Creek homes for sale in Palm City 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.

Hammock Creek March 2020 Market Report

Florida Townhouses and Condos February 2020 Market Report

03.24.20 by

Florida Townhouses and Condos February 2020 Market Report

For February 2020, Florida Townhouses and Condos continued the new year with strong sales activity.  Closed sales were up by 10.8% as compared to last month’s increase of 14.5%.  New sales under contract (new pending sales) increased by 13.9% (In January there was an 14.3% increase).

Prices were also up for February.  The median sales price was up by 6.7% (was up by 8.1% in January), while the average sales price increased by 2.6% (was up 7.5% in January).

The inventory of active listings decreased by 13.1% from February of last year.  This results in 5.4 months of inventory as compared to 6.4 months for February 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 February 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 February 2020 Market Report

Banyan House Stuart FL March 2020 Market Report

03.24.20 by

Banyan House Stuart FL March 2020 Market Report

There are currently 2 condos for sale in the Banyan House condos in Stuart FL.  The list prices are $209,000 and $219,000.   This is an average list price of $214,000 which is $156.20 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $147,500 or $107.66 per sq. ft. of living area.  This condo was on the market for 344 days prior to going under contract.

In the past 12 months, 4 Banyan House condo have sold.  Sales prices ranged from $125,000 up to $150,000. This is an average sales price of $141,250 which works out to $103.10 per sq. ft. of living area.  These condos averaged 92 days on the market before going under contract and sold for an average of 95% of list price.

Click here to view previous Banyan House market reports.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

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

Banyan House Condos in Stuart FL

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

Banyan House Condos in Stuart FL

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

Banyan House Condos in Stuart FL

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

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

Recent market reports:

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

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

Banyan House Stuart FL March 2020 Market Report

Florida Single Family Homes February 2020 Market Report

03.23.20 by

Florida Single Family Homes February 2020 Market Report

The Florida Single Family Home sales continued with strong activity into February.  Closed sales were up by 9.1% (were up by 17.9% in December). New sales under contract (new pending sales) were up by 12.5% (were up by 12.4% in January).

Prices were also up for February .  The median sales price rose by 8.0% (it was up by 5.9% in January). The average sales price was up by 7.9% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 19.1% from last year.  This represents a 3.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2019 had a 4.3 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Previous Florida real estate market report posts.

Florida Single Family Homes February 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 February 2020 Market Report

Islesworth in Palm City FL March 2020 Market Report

03.23.20 by

Islesworth in Palm City FL March 2020 Market Report

There are currently no homes for sale in Islesworth in Palm City, Florida.

There is 1 home currently under contract in Islesworth. The list price was $435,000 or $169.46 per square foot of living area. This home was on the market for 23 days before going under contract.

In the past 12 months, 5 homes have sold in Islesworth.  Sales prices ranged from $404,000 up to $478,000.  This is an average sales price of $449,300 which works out to $144.61 per square foot of living area. These homes averaged 36 days on the market prior to going under contract and sold for 98% of the listing price.

Click here to view previous Islesworth market reports.

About Islesworth in Palm City FL

The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off of Route 714 (Martin Highway).  This was a Pulte community with 113 homes being built from 1996 through 1998.  Most homes are on spacious lots from just under to over ¼ acre sites.

Many homes enjoy serene water views as there are two smaller lakes in this community.  Both single and two-story homes with the vast majority being 4 bedroom homes though there are a number of 5 bedroom homes as well as a few 3 bedroom homes.  The current HOA fees are a very reasonable $463.00 per quarter.  The fees include maintenance and insurance of the common areas, roads, reserve funds, and basic cable TV.

Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School.  Children in Islesworth go to Martin County High School which is approximately 5 miles away.

Close to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most resident’s needs.  For those needing to commute, both Florida’s Turnpike and I-95 are both only a short distance away.

Islesworth in Palm City FL
Islesworth in Palm City FL
Islesworth in Palm City FL

View all Islesworth 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.

Islesworth in Palm City FL March 2020 Market Report

Castle Hill Real Estate Market Report March 2020

03.22.20 by

Castle Hill Real Estate Market Report March 2020

There are two homes available for sale in Castle Hill in Sewalls Point, FL.  The list prices are $887,000 and $2,700,000. This is an average list price of $1,793,500 or $350.09 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 4 homes have sold in Castle Hill.  Sales prices ranged from $915,000 up to $2,250,000.  This equals an average sales price of $1,331,250 which is $275.17 per sq. ft. of living area.  These homes were on the market for an average of 178 days prior to going under contract and sold for an average of 90% of list price.

Click here to view previous Castle Hill market reports.

About Castle Hill in Sewalls Point FL:

Castle Hill in Sewalls Point

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants, and schools.

Castle Hill in Sewalls Point FL

Residents of Castle Hill enjoy the good life with low HOA fees (currently $285 per quarter) and a quiet family-friendly neighborhood for year-round Florida living.

Castle Hill in Sewalls Point FL

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equidistant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location which makes Castle Hill such a desired community to call home.

  • Castle Hill in Sewalls Point
  • Castle Hill in Sewalls Point

Castle Hill was established in the early 1990s and remains one of the prime locations to call home on the Treasure Coast.

Children attend Martin County schools and currently are zoned for the Felix Williams Elementary, Stuart Middle, and the Jensen Beach High Schools.  These are some of the finest schools in the State of Florida.

Castle Hill in Sewalls Point

Here are the currently available homes for sale in Castle Hill

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.

Castle Hill Real Estate Market Report March 2020

Vista Pines March 2020 Market Report

03.21.20 by

Vista Pines March 2020 Market Report

For March 2020 there are 5 condos available for sale in Vista Pines in Stuart FL.  List prices are from $74,595 up to $114,900. This is an average list price of $94,659 or $96.82 per sq. ft. of living area.

There are 4 condos currently under contract and awaiting settlement.  List prices range from $77,900 up to $110,000. This equals an average list price of $86,675 which is $104.89 per sq. ft. of living area.   These condos averaged 75 days on the market before going under contract.

In the past 12 months, there have been 28 condo sales in Vista Pines.  Sales prices ranged from $45,000 up to $110,000.  This works out to an average sales price of $87,831 which equals $96.17 per sq. ft. of living area.  These sales averaged in at 92% of list price and only averaged 70 days on the market prior to going under contract.

Click here to view previous Vista Pines market reports.

About Vista Pines in Stuart FL:

Vista Pines in Stuart FL

The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island.  Also, close to restaurants, grocery stores and medical facilities that are within walking distance for many.

  • Vista Pines Condos in Stuart FL
  • Vista Pines in Stuart FL

Vista Pines condos were first built in 1970 and the last one was completed in 1973.   All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1 bedroom units.  Buildings are situated to maximize privacy and for serene views of green space.

  • Vista Pines in Stuart FL
  • Vista Pines in Stuart FL

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista Pines and this is an age restricted (55+) community.  The HOA fees as of August 2014 were from the low $200’s for a 1 Bedroom unit to just over $300 per month for 2 Bedroom condos.

  • Vista Pines in Stuart FL
  • Vista Pines in Stuart FL
  • Vista Pines Condos in Stuart FL

Search for currently available condos in Vista Pines

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.

Vista Pines March 2020 Market Report

Tres Belle March 2020 Market Report

03.20.20 by

Tres Belle March 2020 Market Report

For March 2020, there are 6 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $740,000 up to $829,000 for an average list price of $777,267 which works out to $212.93 per sq. ft. of living area.

There are 2 homes currently under contract.  The list prices were $700,000 and $714,900. This is an average list price of $707,450 or $230.90.  These homes were on the market for an average of 100 days prior to going under contract.

14 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $595,000 up to $930,000.  The average sales price was $729,971 which comes out to $219.12 per sq. ft. of living area.  These homes went under contract in an average of 89 days with sales prices at 97% of list price.

About Tres Belle in Stuart FL:

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle in Stuart FL

The first homes were completed in 2007 and construction and sales of new homes continue to this date (September 2019).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle in Stuart FL

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

Tres Belle in Stuart FL

For boaters, there is an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

  • Tres Belle Stuart Florida real estate
  • Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

  • Tres Belle Stuart Florida real estate
  • Tres Belle Stuart Florida real estate

The HOA fees are $314.00 per month and include maintenance of the common areas as well as Cable TV.  This is a pet-friendly community.

Click for all available Tres Belle homes for sale!

Search here for all Stuart FL real estate

Recent market reports:

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

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

Tres Belle March 2020 Market Report

Emerald Lakes Stuart FL March 2020 Market Report

03.19.20 by

Emerald Lakes Stuart FL March 2020 Market Report

For March 2019 there are 9 homes and townhomes for sale in Emerald Lakes in Stuart FL.  Listing prices range from $165,000 up to $289,900.  This is an average list price of $198,967 which equates to $147.28 per sq. ft. of living area.

There are 6 homes currently under contract. List prices ranged from $149,900 up to $287,000. This is an average list price of $212,133 which is $145.59 per sq. ft. of living area. These homes and townhomes averaged 25 days on the market before going under contract.

In the past 12 months, there have been 28 sales in Emerald Lakes.  Sales prices ranged from $159,900 up to $289,900.  This works out to an average sales price of $195,338 or $139.88 per sq. ft. of living space.  These sales averaged 98% of list price and were on the market for an average of 28 days before going under contract.

Click here to view previous Emerald Lakes market reports.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart FL

The community of Emerald Lakes lies n the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas.  The townhomes and villas are governed by two separate homeowners association yet share many of the same amenities.

Emerald Lakes Town Homes and Villas in Stuart FL

Spread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two clubhouses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreens, Banks, Gold’s Gym, etc.

Emerald Lakes Town Homes and Villas in Stuart FL

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas and beaches and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north.  A perfect location!

Emerald Lakes Town Homes and Villas in Stuart FL

Residents of Emerald lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Currently Available Homes and Town Homes in Emerald Lakes

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.

Emerald Lakes Stuart FL March 2020 Market Report

Southwood Real Estate March 2020 Market Report

03.18.20 by

Southwood Real Estate March 2020 Market Report

For March 2020, there is 1 home for sale in the Southwood community of Stuart, FL.  The list price is $369,500 or $201.58 per sq. ft. of living area.

There is also 1 home currently under contract.  The list price was $430,000 which equals $211.20 per sq. ft. of living area.  This home was on the market for 20 days before going under contract.

In the past 12 months, 10 homes have sold in the Southwood subdivision of Stuart.  The sales prices ranged from $337,500 up to $448,500.  This is an average sales price of $400,150 which works out to $195.93 per sq. ft. of living area.  These homes went under contract in an average of 33 days.  These homes sold for an average of 98% of the last list price.

Click here to view previous Southwood market reports.

About Southwood in Stuart, FL:

Southwood in Stuart Florida

Southwood is a small community of 115 home sites located just southeast of Salerno Rd on Kanner Highway in Stuart FL.  This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95.  It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd.  Just minutes to Martin Memorial South Hospital.  Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.

Entrance to Southwood of Stuart FL

Children in Southwood attend Pinewood Elementary, David L. Anderson Middle and Martin County High Schools.  All great schools.  Click on the above links for more information about each school.

One enters the Southwood subdivision through a long private drive.  Currently, this community is not gated, yet offers the utmost in privacy and safety.  The homes were built from 1990 to 2001 and are all individual styles from various builders.  This is not a cookie cutter community.  Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area of to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.

Southwood in Stuart Florida

The Southwood Community

There are a number of ponds and creeks throughout Southwood.  And, this community is mostly surrounded by either preserve lands or acreage.  There is no community pool or clubhouse so the HOA fees are a very reasonable $98.00 a month as of this writing and include trash and basic cable TV.  Though there are some magnificent nature trails through the preserve areas.

creek in Southwood of Stuart FL

Southwood is a gem of a neighborhood and is little known to many Martin County residents.  There is very low turnover in this community.  If you’re interested let us know and we can put you on a listing alert notification for this community.

Southwood in Stuart FL

Click here to see if any Southwood Homes are currently available

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.

Southwood Real Estate March 2020 Market Report