Martin County Single Family Homes 2024 1st Quarter Report

05.30.24 by

Martin County Single Family Homes 2024 1st Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data reported by Martin County Realtors.

Martin County Single Family Homes 2024 1st Quarter Report
Martin County Single Family Homes 2024 1st Quarter Report

The Martin County single-family home real estate market showed slightly weaker sales activity when compared to last year. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to remain somewhat sluggish, though we remain in a seller’s market for Martin County single-family home sales.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2024 1st Quarter Report

Eagle Lake Palm City Market Report May 2024

05.30.24 by

Eagle Lake Palm City Market Report May 2024

For May 2024, there are 3 homes available for sale in the Eagle Lake community of Martin Downs Country Club in Palm City FL. The list prices range from $344,000 up to $415,000. This is an average list price of $369,667 or $241.66 per sq. ft. of living area.

There is 1 Eagle Lake home under contract at this time. The list price was $379,000 which works out to $236.14 per sq. ft. of living space. This home was on the market for 12 days before going under contract.

In the past 12 months, 3 Eagle Lake homes have sold. Sales prices ranged from $313,000 up to $375,000. This is an average sales price of $352,667 which equals $248.54 per sq. ft. of living area. These homes were on the market for an average of 45 days before going under contract. And, the sales prices averaged 98% of the list price.

Click here to view the previous Eagle Lake market report!

About Eagle Lake in the Martin Downs Country Club:

Eagle Lake real estate in Palm City FL
Google Earth image

Eagle Lake is a community of attached single-story villas in the Martin Downs Country Club community of Palm City FL.  Very well located close to Florida’s Turnpike and close to shopping, restaurants, and the beaches and waterways of Martin County.  This all-age community is also in an ‘A’ rated school district with children attending Citrus Grove Elementary, Hidden Oaks Middle, and Martin County High Schools.

Eagle Lake real estate in Palm City FL
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These villas were built in 1984 and include both three and two-bedroom homes with one-car garages.  Living areas range from a high of 1,605 sq. ft. down to 1,177 sq. ft.  These homes feature either serene views of Eagle Lake located in the center of the community or golf course views that surround the outer perimeter.

Reasonable HOA fees include landscaping and lawn care, roof maintenance, common areas, basic cable TV, and trash pickup.  This is a pet-friendly community and up to two small to medium dogs are permitted.  Rentals are also permitted with some restrictions.

Eagle Lake real estate in Palm City FL
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Eagle Lake remains one of the most sought-after communities for either small families or those leaving the harsh cold winters from up north.

Eagle Lake in Martin Downs Palm City FL

Click here to view Eagle Lake homes for sale.

Click here to view Eagle Lake homes for sale

View Martin Downs Country Club Communities:
Clubhouse Court Condos, Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Pheasant Run, Quail Meadow, and Starling Court.

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.

Eagle Lake Palm City Market Report May 2024

Florida Townhouses and Condos 2024 1st Quarter Report

05.29.24 by

Florida Townhouses and Condos 2024 1st Quarter Report

Click the image below to view the 2024 1st Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2024 1st Quarter Report

For the 1st quarter of 2024, the Florida townhouse and condo real estate market continued the trend of reduced sales volume. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to remain somewhat sluggish, though we remain in a seller’s market for Florida single-family home sales.

Click here to view/download the full report

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2024 1st Quarter Report

Ocean Dunes Real Estate Market Report May 2024

05.29.24 by

Ocean Dunes Real Estate Market Report May 2024

As of May 2024, there is 1 condo available for sale in Ocean Dunes on Hutchinson Island in Jensen Beach FL. The list price is $385,000 which equals $296.61 per sq. ft. of living area.

There are 2 Ocean Dunes condos currently under contract. The list prices were $375,000 and $725,000. This is an average list price of $550,000 or $423.73 per sq. ft. of living space. These condos were on the market for an average of 155 days before going under contract.

In the past 12 months, there has been only 1 Ocean Dunes condo sale. The sales price was $610,000 which is $469.95 per sq. ft. of living area. This condo was on the market for 97 days before going under contract. And, it sold for 84% of the last list price.

Click here for previous Ocean Dunes market reports!

About Ocean Dunes Condos in Jensen Beach FL:

Ocean Dunes condo real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

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 baths with the corner units having 1,298 sq. ft. of living area and the interior ones having 1,228.

Ocean Dunes condo real estate on Hutchinson Island in Jensen Beach Florida

There is ample parking as well as beach access, a 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 condo real estate on Hutchinson Island in Jensen Beach Florida
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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

Search for Ocean Dunes condo real estate on Hutchinson Island in Jensen Beach FL

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

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 Real Estate Market Report May 2024

Florida Single Family Homes 2024 1st Quarter Report

05.28.24 by

Florida Single Family Homes 2024 1st Quarter Report

Click the image below to view the full details of the 2024 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2024 1st Quarter Report

For the 1st quarter of 2024, Florida single-family homes continued the trend of reduced sales volume. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to remain somewhat sluggish, and we have entered into a balanced market. I suspect that we will soon be in a buyer’s market.

Click here to view/download the full report

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2024 1st Quarter Report

Hansons Landing Real Estate Market Report May 2024

05.28.24 by

Hansons Landing Real Estate Market Report May 2024

As of May 2024, there are 6 condos available for sale in Hansons Landing in Rocky Point in Stuart FL.  The list prices range from $339,900 up to $494,900. This is an average list price of $390,633 which equals $308.17 per sq. ft. of living area.

There are 3 Hansons Landing condos currently under contract.  The list prices ranged from $389,995 up to $525,000. This works out to an average list price of $462,332 which is $350.88 per sq. ft. of living space.  These condos were on the market for an average of 19 days before going under contract.

In the past 12 months, 11 Hansons Landing condos have sold.  Sales prices ranged from $263,000 up to $500,000.  This works out to an average sales price of $399,545 or $290.97 per sq. ft. of living area.  These condos sold for an average of 97% of the list price. And, they were on the market for an average of 74 days before going under contract.

Click here to view the previous Hansons Landing market report!

 About Hansons Landing in Rocky Point:

Hansons Landing in Rocky Point Stuart Florida
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Hansons Landing condos for sale:

Located on 27 acres along the Intracoastal Waterway at the southeast tip of Rocky Point is Hanson’s Landing Condominiums. This complex is adjacent to the Miles Grant Country Club and residents have the option of becoming social or full golf members of the country club.

Hansons Landing real estate in Rocky Point Stuart Florida

Condos in Hanson’s Landing range from 2 bedroom, 2 bathroom units of 1,135 sq. ft. of living area up to 1,460 sq. ft. 3 bedroom and 2 bathroom units. A number of condos have covered carports for parking while others have reserved off-street spaces along with ample guest parking. The buildings of Hanson’s Landing were built from 1985 to 1996. All condos overlook a lake, canal, or Intracoastal Waterway.

Hansons Landing in Rocky Point Stuart Florida

Amenities include a heated outdoor swimming pool, tennis courts, horseshoe court, and a clubhouse that hosts social and meeting functions

Recent Hansons Landing sales:

There is also a community dock with 18 slips that are individually owned. For those looking to enjoy the river, there are kayak/canoe racks for an owner to store their personal watercraft.

Hansons Landing in Rocky Point Stuart Florida

All ages are welcome here and 1 pet under 25 lbs. is also allowed. For those interested in investing or making these condos pay for themselves, rentals are allowed for a minimum of 3 months at a time, for up to two times a year.

Hansons Landing in Rocky Point Stuart Florida

The HOA fees include lawn service, basic cable TV, trash removal and maintenance of the exterior of the building, and insurance.

Here are the currently available Hanson’s Landing Condos for Sale

Search for Hansons Landing Condos for sale

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 Florida, please click on this link.

Hansons Landing Real Estate Market Report May 2024

St Lucie County Townhouses and Condos April 2024 Market Report

05.27.24 by

St Lucie County Townhouses and Condos April 2024 Market Report

The St Lucie County Townhouses and Condos market showed slightly stronger sales activity when compared to last year. Even as we face headwinds with economic uncertainties and higher mortgage rates. Closed sales were up by 4.0% from last year (they were up by 7.1% in March). New pending sales were up by 17.7% (they were down by 13.8% last month).

Prices were up for April. The median price increased by 4.9% from last year (was down by 6.7% in March) and the average sales price increased by 8.7% (was up by 11.1% in March).

The available townhouses and condos inventory increased by 5 units from last month to 676 residences. This is a 73.8% greater inventory than we had in April 2023. The current inventory supply is 7.6 months, as compared to 4.7 months of inventory last year.  The St Lucie County townhouses and condos real estate market has now entered a seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos April 2024 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 April 2024 Market Report

Snug Harbor West Real Estate Market Report May 2024

05.27.24 by

Snug Harbor West Real Estate Market Report May 2024

For May 2024, there are no homes available to purchase in Snug Harbor West in Stuart FL.

There are also no Snug Harbor West homes currently under contract.

In the past 12 months, there has only been 1 Snug Harbor West home sale. The sales price was $3,825,000 which equals $907.47 per sq. ft. of living area. This home was on the market for 39 days before going under contract. And, it sold for 96% of the last list price.

Click here to view the previous Snug Harbor West market report!

About Snug Harbor West in Stuart FL:

Snug Harbor West real estate in Stuart Florida

Snug Harbor West homes for sale:

Snug Harbor West is a gated community of 17 home sites each with a deeded dock on the shores of the Saint Lucie River. It lies in a very convenient in-town location in Stuart FL yet still in a quiet and peaceful location.

Snug Harbor West real estate in Stuart Florida

These homes were constructed from 2003 to 2013.   They range in size from a 3 bedroom, 2 bathroom home with 2,420 sq. ft. per living area up to 6,795 sq. ft. two-story home which includes guest quarters.  All of these homes are of a Key West style which is a requirement of the Homeowner’s Association.  The HOA fees include the common areas, gated entry, community pool, tennis courts, and waterfront area.

Snug Harbor West real estate in Stuart Florida
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The community pool and tennis courts are shared with the neighboring Four Winds on the River condo community.

Recent Snug Harbor West home sales:

Deeded docks extend into the Saint Lucie River with a finger pier and lifts are permitted.  Docks are suitable for various-sized boats up to a maximum of approximately 35’ depending on the boat and the draft.

Snug Harbor West in Stuart FL
Snug Harbor West in Stuart FL

Children in Snug Harbor West currently attend the J.D. Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.  This excellent location is just about 2 miles from Stuart Beach as well as about the same distance from historic downtown Stuart.  Also, close to shopping, restaurants, medical facilities, and professional offices.

Snug Harbor West in Stuart FL
Snug Harbor West in Stuart FL
Snug Harbor West Home and Land Searches:

Snug Harbor West homes don’t often come on the market but you can click on this link to see if any are currently available for sale.  

Search for Snug Harbor homes for sale

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.

Snug Harbor West Real Estate Market Report May 2024

St Lucie County Single Family Homes April 2024 Market Report

05.26.24 by

St Lucie County Single Family Homes April 2024 Market Report

The April 2024 St Lucie County Single Family real estate market showed slightly stronger sales activity when compared to last year. We continue to face headwinds with economic uncertainties and high mortgage rates. Closed sales were up by 4.6% for the month compared to the previous year (in March they were down by 11.9%). New sales under contract (new pending sales) decreased by 2.2% (they were down by 8.5% last month).

Prices were higher for April when compared to last year.  The median sales price was up by 6.2% (was up by 4.0% in March).  The average sales price was up by 10.3% (it was up by 6.1% in March).

The number of available homes for sale increased by 99 homes to 2,053.  This inventory is 58.5% greater than last year.  The current supply of homes is 4.4 months (it was 2.6 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes April 2024 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 April 2024 Market Report

Nettles Island Jensen Beach Market Report May 2024

05.26.24 by

Nettles Island Jensen Beach Market Report May 2024

For May 2024, there are 45 homes available to purchase in Nettles Island on Hutchinson Island in Jensen Beach FL.  These homes have list prices from $199,000 up to $1,095,000.  This is an average list price of $415,487 which is $507.76 per sq. ft. of living area.

There are 9 homes under contract at this time.  List prices of these homes ranged from $169,000 up to $749,000. This is an average list price of $430,589 which is $569.17 per sq. ft. of living area. These homes were on the market for an average of 60 days before going under contract.

In the past 12 months, 58 Nettles Island homes have sold.  These homes sold for prices ranging from $170,000 up to $985,000.  This works out to an average sales price of $370,298 which equals $440.41 per sq. ft. of living area.  These homes sold for an average of 96% of the list price. And, in an average of 96 days on the market before going under contract.

Click here to view previous Nettles Island market reports!

About Nettles Island on Hutchinson Island Florida:

Outdoor Resorts real estate at Nettles Island on Hutchinson Island in Jensen beach Florida
Google Earth image

Development of nearly 1300 lots with anything from trailer pads to updated concrete block homes on a mostly man-made island that juts out into the Indian River on Hutchinson Island in Saint Lucie County FL.  However, the official address for Nettles Island is in Jensen Beach.

Outdoor Resorts real estate at Nettles Island on Hutchinson Island in Jensen beach Florida
Google Earth image

Originally developed as a vacation resort by Outdoor Resorts of America, Nettle Island is now home to many year-round residents and has access to an extensive beach resort with pools and many recreational activities. 

Living on Nettles Island is like being on a permanent vacation.  Enjoy many planned community activities, your own local snack bar/restaurant, and access to canals, a boat ramp, and boat docks.

Outdoor Resorts at Nettles Island in Jensen Beach FL
Outdoor Resorts at Nettles Island in Jensen Beach FL

Low HOA fees include Cable, Common Areas, Lawn Care, Management Fees, Manager, Pool Service, Recreational Facility, Reserve Funds, Security, Sewer, Trash Removal, and Water.

Outdoor Resorts at Nettles Island in Jensen Beach FL
Outdoor Resorts at Nettles Island in Jensen Beach FL
Outdoor Resorts at Nettles Island in Jensen Beach FL
Outdoor Resorts real estate at Nettles Island on Hutchinson Island in Jensen beach Florida

Search Nettles Island Homes For Sale

Nettles Island homes for sale

Search Nettles Island Lots For Sale

Nettles Island lots for sale

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.

Nettles Island Jensen Beach Market Report May 2024

Martin County Townhouses and Condos April 2024 Market Report

05.25.24 by

Martin County Townhouses and Condos April 2024 Market Report

The Martin County Townhouses and Condos real estate market showed slightly weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 4.2%.  They were down by 3.5% in March.  New sales under contract (new pending sales) were up 20.4% from last year.  They were down by 17.9% in March.

Prices were down for April.  The median sales price decreased by 0.8% (was up by 18.0% last month). And, the average sales price decreased by 14.6% (was up by 18.5% in March).

The available townhouses and condos inventory increased by 34 units to 554 properties.  This is a 71.0% greater supply of inventory than we had in April 2023.  Currently, there’s a 6.4-month supply of inventory (compared to 3.7 months for April 2023).  We’ve re-entered a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Townhouses and Condos April 2024 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 April 2024 Market Report

Islandia Real Estate Market Report May 2024

05.25.24 by

Islandia Real Estate Market Report May 2024

For May 2024, there are 11 condos for sale in Islandia on Hutchinson Island in Jensen Beach FL. List prices ranged from $399,990 up to $810,000. This is an average list price of $594,872 which is $462.04 per sq. ft. of living area.

There is 1 Islandia condo currently under contract. The list price was $660,000 or $427.46 per sq. ft. of living space. This condo was on the market for 135 days before going under contract.

In the past 12 months, 20 Islandia condos have sold.  Sales prices ranged from $425,000 up to $900,000. This is an average sales price of $666,988 which equals $484.24 per sq. ft. of living area.  These units sold for an average of 97% of the list price. And, they averaged 97 days on the market before going under contract.

Click here to view the previous Islandia market report!

About the Islandia Condos of Jensen Beach on Hutchinson Island:

Islandia condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

The Islandia Condos of Jensen Beach on Hutchinson Island consists of two 20-story buildings that were built in 1982. There are 388 total residences in these two buildings which are called Islandia I and II. Very conveniently located to the north of the Jensen Beach Causeway, and is just a short drive away from downtown Jensen Beach, shopping, and restaurants.

Islandia condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Condos in Islandia come in three general varieties.  Large 3 bedroom, 3 bathroom units with 1,929 sq. ft. of living area plus balconies.  3 bedroom, 2 bathroom units with 1,544 sq. ft.  And 2 bedroom, 2 bath condos with either 1,437 or 1,228 sq. ft.  Islandia residents enjoy wonderful amenities that include 2 Oceanside pools, private beach access, BBQ grilling area, Jacuzzi, tennis and bocce courts, and overflow parking with trailer and RV parking spaces. Interior facilities include a large social area with a bar and kitchen, billiards, fitness center, and steam sauna. There is an office with on-site management and 24-hour guard-gated security.

Islandia I does not allow pets, while those in Islandia II are allowed one pet under 30 lbs. Both buildings allow rentals with restrictions. The condo association fees range from $475.00 to $655.00 per month (as of November 2019).

Islandia condos on Hutchinson Island in Jensen Beach Florida

Those looking for a friendly beach community on Hutchinson Island in Jensen Beach should take a look at the Islandia Condo offerings.

Islandia Condos of Jensen Beach on Hutchinson Island

Search for condos:

Click here for currently available Islandia Condos for Sale

Search for Islandia condos on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November want to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – 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

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.

Islandia Real Estate Market Report May 2024

Martin County Single Family Homes April 2024 Market Report

05.24.24 by

Martin County Single Family Homes April 2024 Market Report

The Martin County Single Family Homes Market Report showed slightly weaker sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were down by 2.0% from last year (they were down by 16.4% in March). At the same time, new pending sales decreased by 0.5% compared to last year (which decreased by 5.2% last month).

Prices rose for April when compared to last year.  The median sales price increased from last year by 6.6% (down by 2.4% in March) while the average sales price increased by 2.2% (down by 14.0% last month).

The inventory of available single-family homes decreased by 22 homes to 669. This is a 44.5% greater inventory than last April.  The current supply of homes is 4.1 months.  For April of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Single Family Homes April 2024 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes April 2024 Market Report

River Marina Real Estate Market Report May 2024

05.24.24 by

River Marina Real Estate Market Report May 2024

For May 2024, there are 2 homes available for sale in River Marina in Stuart FL. The list prices are $375,000 and $489,900. This is an average list price of $432,450 or $263.73 per sq. ft. of living area.

There is only 1 River Marina home currently under contract. The list price was $358,000 which is $230.56 per sq. ft. of living space. This home was on the market for 13 days before going under contract.

In the past 12 months, 14 River Marina homes have sold.  Sales prices ranged from $335,000 up to $490,000.  The average sales price was $374,957 which works out to $231.08 per sq. ft. of living area.  These homes sold on average for 97% of the list price. And, they went under contract in an average of 36 days after going on the market.

Click here to view the previous River Marina market report!

About River Marina in Stuart FL:

River Marina in Martin County Florida
Google Earth image

River Marina is a newer community consisting of 84 single-family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single-family homes in River Marina are in a gated enclave.

River Marina in Martin County Florida
Google Earth image

Also available are newer townhomes in a non-gated area. Currently, only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3-bedroom townhomes are available with 1627 sq. ft. of living area and a 1-car garage. There’s a community pool and easy access to recreational areas.

New townhomes feature 3 bedrooms, 2 and 1/2 bathrooms, and a single-car garage with granite countertops and stainless steel appliances.   Priced attractively for today’s market.  For a new buyer discount program, please contact Gabe Sanders for details.

River Marina in Martin County Florida

Search for homes and townhomes for sale in River Marina

River Marina homes for sale in Stuart FL

River Marina real estate in Stuart FL

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 Marina Real Estate Market Report May 2024

Florida Townhouses and Condos April 2024 Market Report

05.23.24 by

Florida Townhouses and Condos April 2024 Market Report

Florida Townhouses and Condos real estate market report had slightly stronger sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were up by 1.9% compared to last month’s decrease of 16.6%.  New sales under contract (new pending sales) decreased by 4.3% (In March, there was a 12.6% decrease).

Prices were up for April compared to last year. The median sales price was up by 3.1% for April (also up by 3.1% in March). And the average sales price increased by 8.2% (was up by 1.5% in March).

The inventory of active listings increased by 84.5% from April last year.  This results in a 6.9-month supply of inventory as compared to a 3.5-month supply for April 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos April 2024 Market Report
Florida Townhouses and Condos April 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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 Townhouses and Condos April 2024 Market Report

Sailfish Point Real Estate Market Report May 2024

05.23.24 by

Sailfish Point Real Estate Market Report May 2024

Sailfish Point Homes:

For May 2024, there are 12 homes available to purchase in Sailfish Point on the southern tip of Hutchinson Island in Stuart FL.  The list prices range from $2,799,000 up to $47,500,000. This is an average list price of $11,144,333 which equals $1,531.29 per sq. ft. of living area.

There are 4 Sailfish Point homes currently under contract. The list prices ranged from $2,980,000 up to $3,895,000. This is an average list price of $3,380,000 or $788.23 per sq. ft. of living space. These homes averaged 39 days on the market before going under contract.

In the past 12 months, 10 Sailfish Point homes have been sold.  Sales prices ranged from $1,675,000 up to $9,500,000. This is an average sales price of $3,987,500 which works out to $801.33 per sq. ft. of living area.  These homes sold for an average of 88% of the list price. And, they averaged 59 days on the market before going under contract.

Sailfish Point Condos: 

There are 15 condos currently available for purchase in Sailfish Point. The list prices range from $1,850,000 up to $5,995,000. This equals an average list price of $3,349,867 which is $1,165.79 per sq. ft. of living area.

There is only 1 Sailfish Point condo currently under contract. The list price was $3,395,000 or $1,277.28 per sq. ft. of living area. This condo went under contract 313 days after being listed.

In the past 12 months, 4 Sailfish Point condos have sold.  Sales prices ranged from $1,300,000 up to $4,250,000.  This equals an average sales price of $2,675,000 which works out to $872.39 per sq. ft. of living area.  These condos sold for an average of 89% of the list price. And, they averaged 233 days on the market before going under contract.

Click here to view the previous Sailfish Point market report!

About Sailfish Point on Hutchinson Island:

Sailfish Point on Hutchinson Island in Stuart Florida
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Sailfish Point is a truly world-class facility for everyone, with special emphasis on golfers and boaters. Almost completely surrounded by tropical waters this wonderful community has earned the reputation of being one of Florida’s most exclusive private residential enclaves in one of the world’s most naturally beautiful settings.

Sailfish Point real estate on Hutchinson Island in Stuart Florida
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Located directly on the Atlantic Ocean adjacent to the St. Lucie Inlet at the Southern tip of Hutchinson Island Sailfish Point is a truly unique community. Situated on 532 acres with only 520 homes there’s ample room for privacy and nature’s beauty.   The lucky residents of Sailfish Point can enjoy five miles of pristine Atlantic shoreline, a Jack Nicklaus “Signature” golf course, an elegant full-service beachfront country club with tennis, a fitness center, as well as a full-service deepwater marina with immediate ocean access.

Sailfish Point on Hutchinson Island in Stuart Florida
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In addition to the private homes, there are a few spectacular waterfront townhomes and a number of spacious ocean and inlet-facing condominiums.

Some Sailfish Point benefits include:
  • 24-hour manned gated entry, security staff is on duty 24/7
  • Jack Nicklaus Signature Golf Course
  • 60,000 square foot oceanfront clubhouse
  • The community pool features swim lanes, a hot tub, and a separate splashing area for the kids.
  • The Tennis Center includes eight Har-Tru® courts (five lighted), and two full-time tennis pros as well as a stocked pro shop.
  • The full-service, private Marina and Yacht Club offers 77 deep water slips and can accommodate vessels up to 125 feet long.  This protected marina is only minutes from the Inlet and just a quick day’s sail to the Bahamas.
  • The Fitness Center offers the very latest in cardiovascular and weight-training machines and free weights. Personal trainers are available to provide a complete fitness evaluation and workout regimen and classes in Pilates, yoga, spinning, dance, jazzercise, and general fitness are offered.
  • The private, luxurious Sailfish Point spa offers specialty massages, body treatments, facials, manicures, pedicures, makeup, nail services, and complete hair care.
Sailfish Point on Hutchinson Island in Stuart Florida
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Search here for all Sailfish Point Real Estate in Stuart Florida

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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.

Sailfish Point Real Estate Market Report May 2024

Florida Single Family Homes April 2024 Market Report

05.22.24 by

Florida Single Family Homes April 2024 Market Report

The Florida Single Family Home real estate market had slightly stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were up by 5.8% (were down by 10.4% in March). New sales under contract (new pending sales) were up by 0.8% (were down by 3.0% in March).

Prices increased for April when compared to last year.  The (year-to-year) median sales price was up by 4.9% (it was up by 3.9% in March). And, the average sales price was up by 9.2% (it was up by 10.1% last month).

The inventory of available homes for sale increased by 52.9% from last year.  This represents a 4.2-month supply of inventory (April 2023 had a 2.6-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Please click on the image or link below to download the full Florida single-family real estate market report.

Previous Florida real estate market report posts.

Florida Single Family Homes April 2024 Market Report
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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 April 2024 Market Report

 

Empress Real Estate Market Report May 2024

05.22.24 by

Empress Real Estate Market Report May 2024

For May 2024, there are 3 condos available for sale in the Empress Condos of Hutchinson Island in Jensen Beach Florida. The list prices range from $429,000 up to $749,900. This is an average list price of $592,933 or $418.13 per sq. ft. of living area.

There are no Empress condos currently under contract.

In the past 12 months, only 1 Empress condo has sold.  The sales price was $545,000 which works out to $419.55 per sq. ft. of living area.  This condo was on the market for 56 days before going under contract. And, it sold for 94% of the last list price.

Click here to view the previous Empress market report!

About the Empress on Hutchinson Island in Jensen Beach:

The Empress condos on Hutchinson Island in Jensen Beach Florida
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The Empress of Jensen Beach on Hutchinson Island is an upscale 15-story oceanfront condo building with 115 residences. It was completed in 1988.  Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress condos on Hutchinson Island in Jensen Beach Florida
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There are various sizes and configurations of condos in the Empress ranging from very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedrooms, 2 bath units of 1,505 sq. ft. with the remainder 2 bedrooms, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

Recent Empress condo sales:

There is ample assigned and guest parking plus an additional 40 covered detached garages that can be bought and sold between Empress residents.  Other community amenities include a pool, Jacuzzi, sun deck, card room, clubhouse with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area, and dune walk to the beach.

The Empress Condos of Hutchinson Island
The Empress Condos of Hutchinson Island
The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  Garage owners have some additional fees.

The Empress condos on Hutchinson Island in Jensen Beach Florida

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach?  Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Search for Empress condos for sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – 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

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.

Empress Real Estate Market Report May 2024

Stuart West Real Estate Market Report May 2024

05.20.24 by

Stuart West Real Estate Market Report May 2024

For May 2024, there are 2 homes for sale in the Stuart West community in Palm City Farms Florida. The list prices are $1,025,000 and $2,225,000 This is an average list price of $1,625,000 or $363.31 per sq. ft. of living area.

There is 1 Stuart West home currently under contract. The list price was $2,500,000 which is $602.12 per sq. ft. of living space. This home was on the market for 32 days before going under contract.

In the past 12 months, 13 Stuart West homes have sold.  Sale prices ranged from $900,000 up to $3,000,000.  This works out to an average sale price of $1,484,808 which is $370.01 per sq. ft. of living area.  These homes sold for an average of 91% of the list price. And, they averaged 125 days on the market before going under contract.

Click here to view the previous Stuart West market report!

About Stuart West in Palm City Farms FL:

Stuart West in Palm City Florida
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Stuart West is an upscale gated equestrian community located adjacent to Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City Florida
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Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family-friendly equestrian community.

Community amenities include a playground, a community boat ramp to the C-23 canal, a 10-acre equestrian center, a 24-hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity.  All of this is in Martin County’s ‘A’ rated school system.  And, the school bus service is provided inside the community.

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle, and South Fork High Schools.

Stuart West in Palm City Florida
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Home construction started in Stuart West in 1984 and continues to this day.  There are approximately 50 vacant lots yet to be built upon.  Though, many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.

Stuart West in Palm City Farms FL

More information about Stuart West can be found on their property owners’ website here.

Stuart West Homes for Sale

Search for Stuart West Homes for sale in Palm City FL

Vacant Land for Sale in Stuart West

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.

Stuart West Real Estate Market Report May 2024

River Forest Real Estate Market Report May 2024

05.19.24 by

River Forest Real Estate Market Report May 2024

As of May 2024, there is only 1 home available for sale in River Forest in Stuart FL. The list price is $445,000 or $273.85 per sq. ft. of living area.

There is also 1 River Forrest home currently under contract and awaiting settlement.  The list price was $549,000 which equals $337.85 per sq. ft. of living area. This home was on the market for 17 days before going under contract.

In the past 12 months, 11 River Forest homes have sold.  Sales prices ranged from $390,000 up to $549,000. This equals an average sales price of $456,045 which is $276.63 per sq. ft. of living area.  These homes averaged 23 days on the market before going under contract. And, the sales prices averaged 98% of the list price.

Click here to view the previous River Forest market report!

About River Forest in Stuart FL:

River Forest in Martin County Florida
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Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-built family homes. The community features a clubhouse, pool, playground, and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River.

River Forest real estate in Martin County Florida

River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

Low River Forest HOA fees include maintenance and insurance for the common areas, clubhouse, pool, and boat ramp, as well as professional management services.  All ages are welcome in River Forest (unlike the neighboring Saint Lucie Falls community which is a 55 and over community).

River Forest in Martin County Florida

Search for All River Forest Homes for Sale

Search for River Forest homes for sale in Stuart FL

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 Forest Real Estate Market Report May 2024