Florida Townhouses and Condos December 2022 Market Report

02.02.23 by

Florida Townhouses and Condos December 2022 Market Report

Florida Townhouses and Condos market report continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased activity. Closed sales were down by 40.0% as compared to last month’s decrease of 38.9%.  New sales under contract (new pending sales) decreased by 39.9% (In November, there was a 42.1% decrease).

Year-to-year prices are still going up but at a lower pace.  The median sales price was up by 8.8% (was up by 12.3% in November). While the average sales price increased by 1.5% (was up 10.1% in November).

The inventory of active listings increased by 65.0% from December of last year.  This results in 2.8 months’ supply of inventory as compared to 1.3 months for December 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2022 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 December 2022 Market Report

Spinnaker Point Real Estate Market Report February 2023

02.02.23 by

Spinnaker Point Real Estate Market Report February 2023

As of February 2023, there is 1 home available for sale in Spinnaker Point on Hutchinson Island. The list price is $2,399,000 which is $780.92 per sq. ft. of living area.

There are also no homes currently under contract.

In the past 12 months, no Spinnaker Point homes have sold.

Click here to view the previous Spinnaker Point market report!

About Spinnaker Point on Hutchinson Island:

Spinnaker Point on Hutchinson Island in Stuart Florida
Google Earth image

Spinnaker Point homes for sale:

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

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

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

Recently sold in Spinnaker Point:

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

Located approximately halfway between the Stuart and Jensen Beach causeways, it is easy to enjoy the restaurants, shopping, and amenities both areas offer.

Spinnaker Point on Hutchinson Island in Stuart Florida
Google Earth image

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

Homes for Sale in Spinnaker Point on Hutchinson Island

View all of our Listings

Recent Market Reports:

Stuart FL Real Estate is presented by:
Gabe Sanders, Real Estate of Florida

Spinnaker Point Real Estate Market Report February 2023

Florida Single Family Homes December 2022 Market Report

02.01.23 by

Florida Single Family Homes December 2022 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased activity. Closed sales were down by 36.1% (were down by 38.2% in November). New sales under contract (new pending sales) were down by 31.5% (were down by 36.8% in November).

Prices were mixed for December.  The (year-to-year) median sales price rose by 5.6% (it was up by 9.6% in November). And, the average sales price was down by 4.0% (it was up by 5.5% last month).

The inventory of available homes for sale increased by 116.8% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (December 2021 had a 1.0 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes December 2022 Market Report
Download/View 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 December 2022 Market Report

 

St. Lucie County Townhouses and Condos 2022 4th Quarter Report

01.31.23 by

St. Lucie County Townhouses and Condos 2022 4th Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 4th Quarter of 2022.

St. Lucie County Townhouses and Condos 2022 4th Quarter Report

For the 4th quarter of 2022, the Saint Lucie Count townhouses and condo real estate market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2022 4th Quarter Report

Savanna Oaks Real Estate Market Report January 2023

01.31.23 by

Savanna Oaks Real Estate Market Report January 2023

For January 2023, there are no homes available for sale in the Savanna Oaks community of Jensen Beach FL. 

There are also no homes currently under contract.

In the past 12 months, only 1 Savanna Oaks home has sold.  The sales price was $875,000 which is $213.88 per sq. ft. of living space. This home was on the market for 244 days before going under contract.  And, it sold for 100% of the list price.

Click here to view the previous Savanna Oaks market report

Savanna Oaks in Jensen Beach FL

Savanna Oaks in Jensen Beach Florida
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Savanna Oaks homes for sale:

24 home sites on Savanna Road just north of Jensen Beach Blvd.   This is an upscale gated community with fairly high elevation (by Florida standards).

Homes in Savanna Oaks are mostly two stories with 3,000 to over 7,000 sq. ft. of living area and a minimum of 2 car garages.

Savanna Oaks in Jensen Beach Florida
Google Earth image

Recently sold in Savanna Oaks:

The HOA fees are $425.00 a month (as of March 2019) make Savanna Oaks a very desirable new community that is ideal for families.  Located only 2 miles from the beaches and only one mile to the Intracoastal as well as 2 miles to the Treasure Coast Mall as well as close proximity to both the elementary and high schools which are both ‘A’ rated.

savanna Oaks in Jensen Beach FL

Click here to search for available Savanna Oaks homes for sale

Savanna Oaks Home Search

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.

Savanna Oaks Real Estate Market Report January 2023

St. Lucie County Single Family Homes 2022 4th Quarter Report

01.30.23 by

St. Lucie County Single Family Homes 2022 4th Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2022 4th Quarter Report

For the 4th quarter of 2022, the St Lucie County single-family home real estate market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2022 4th Quarter Report

Schooner Oaks Real Estate Market Report January 2023

01.30.23 by

Schooner Oaks Real Estate Market Report January 2023

As of January 2023, there is one home for sale in Schooner Oaks in Rocky Point in Stuart, FL. The list price is $499,000 or $303.34 per sq. ft. of living area.

There are no Schooner Oaks homes under contract at this time.

In the past 12 months, 9 Schooner Oaks homes have sold. The sales prices ranged from $275,000 up to $415,000. This works out to an average sales price of $351,309 which equals $230.70 per sq. ft. of living area. These homes went under contract in an average of 18 days. And, they sold for an average of 98% of the list price.

Click here to view the previous Schooner Oaks market report!

About Schooner Oaks in Rocky Point:

Schooner Oaks in Rocky Point in Martin County Florida
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Schooner Oaks homes for sale:

The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse-style complex under condo association rules. There are 86 units of varying sizes that were built from 1985 till 1997.

Schooner Oaks in Rocky Point in Martin County Florida
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These townhouses vary from the largest one with 4 bedrooms and 4 bathrooms and 2,140 sq. ft. of living area down to 2 bedrooms, 2 bath condos with around 1,400 sq. ft. of living area. Most units come with an attached single-car garage.

Recent Schooner Oak sales:

Residents enjoy the use of a clubhouse with billiards, fitness room, heated pool, spa, and tennis courts. There’s a waterfront gazebo with a day dock and fishing pier off the Intracoastal Waterway with views toward the Saint Lucie Inlet of the Atlantic Ocean.

Schooner Oaks in Rocky Point

This is a pet-friendly community allowing for up to two large pets. Rentals are also allowed and there are some vehicle restrictions. The current HOA fees are $570 per month. These fees cover Assessment Fee, Cable, Common Areas, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Insurance-Other, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Maintenance Exterior, Management Fees, Manager, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, and Trash Removal.

Schooner Oaks in Rocky Point

Search here for any available Schooner Oaks Condos for sale

Schooner Oaks home search

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.

Schooner Oaks Real Estate Market Report January 2023

Martin County Townhouses and Condos 2022 4th Quarter Report

01.29.23 by

Martin County Townhouses and Condos 2022 4th Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2022 4th Quarter Report

For Martin County townhouses and condos, the market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2022 4th Quarter Report

High Point Real Estate Market Report January 2023

01.29.23 by

High Point Real Estate Market Report January 2023

As of January 2023, there is only 1 home available for sale on High Point and High Point Isle in Sewalls Point, FL.  The list price is $7,999,999 which is $939.08 per square foot of living area.

There are no High Point homes currently under contract.

In the past 12 months, 6 High Point homes have sold.  Sales prices ranged from $890,000 up to $6,350,000.  This works out to an average sales price of $2,519,333 which equals $563.57 per sq. ft. of living area.  Sales prices averaged 100% of the list price. And, these homes went under contract in an average of 12 days after being listed.

Click here to view the previous High Point market report!

About High Point in Sewalls Point FL:

High Point and High Point Isles in Sewalls Point
Google Earth image

High Point homes for sale:

Sewalls Point homes for sale:

Located on the southern tip of Sewalls Point, High Point and High Point Isles is an oasis of beautiful homes on high elevation lots yet just minutes away from the clear blue waters of the Atlantic ocean.

High Point and High Point Isles in Sewalls Point
Google Earth image

High Point Isles is the eastern section of the High Point peninsula.  It consists of all waterfront homes in the Intracoastal Waterway and within sight of the Saint Lucie Inlet for access to the Atlantic.  Ringing the south and west circumference of High Point are more waterfront estates.  Most have deep water, high elevation and spectacular views of the Saint Lucie and Indian Rivers.

Recently sold in High Point:

The first home in High Point was built in 1963 and homes continue to be built as well as extensively renovated to this day.  There are both deepwater estate-sized lots (of over 2.5 acres) to interior lots of 1/3 of an acre and greater.

High Point and High Point Isles in Sewalls Point
Google Earth image

Home sizes range from 2 bedroom, 2 bathroom cottages of 1,700 sq. ft. to estates of close to 14,000 sq. ft. of living area with 7 bedrooms and 9 bathrooms.

There are no HOA fees in High Point and High Point Isles.  This community is part of the town of Sewalls Point.  Great location close to the beaches, waterways and many excellent amenities offered in Martin County, FL.

High Point in Sewalls Point

Search for High Point Homes for Sale

View all of our Listings

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.

High Point Real Estate Market Report January 2023

Martin County Single Family Homes 2022 4th Quarter Report

01.28.23 by

Martin County Single Family Homes 2022 4th 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 2022 4th Quarter Report

The Martin County single-family home market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

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 2022 4th Quarter Report

Copperleaf Real Estate Market Report January 2023

01.28.23 by

Copperleaf Real Estate Market Report January 2023

For January 2023, there are 7 homes listed in the Copperleaf community of Palm City, Florida. The list prices range from $749,000 up to $1,795,000. This is an average list price of $1,251,429 which equals $394.28 per square foot of living area.

There is 1 Copperleaf home currently under contract. The list price was $1,550,000 which is $501.78 per square foot of living area. This home was on the market for 180 days before going under contract.

In the past 12 months, 13 Copperleaf homes have sold. Sales prices ranged from $584,000 up to $1,865,000. This equals an average sales price of $1,172,660 or $394.30 per square foot of living area.  Sale prices averaged 98% of the list price. And, these homes were on the market for an average of 36 days before going under contract.

Click here to view the previous Copperleaf market report!

About Copperleaf in Palm City FL:

Copperleaf in Palm City Florida
Google Earth image

Copperleaf homes for sale:

Copperleaf in Palm City FL was first developed by Centex Homes with the first homes constructed and sold in 2007. New construction continues to the present now under the name of Pulte Homes. As of this writing, there are 123 homes in Copperleaf. Though, construction continues with room for considerably more homes.

Copperleaf in Palm City Florida
Google Earth image

Home sizes range from estate size homes on over ½ an acre with more than 6,000 sq. ft. of living area down to a smaller 3 bedroom, 2 bath homes with 2 car (or more) garages of 1,705 sq. ft. Copperleaf is conveniently located close to both Florida’s Turnpike and I-95 yet just minutes to shopping, restaurants and the well-respected schools that Martin County has to offer. Only a few more minutes and you can be on the beach or launch your boat at one of the many boat ramps in the area.

Recently sold in Copperleaf:

Copperleaf offers is a gated community with a manned gate by the beautiful entrance. There’s a clubhouse with exercise facilities, two tennis courts, a community pool and a playground for the little ones. As of this writing, the Home Owner’s Association fees are $233 per month. These fees cover Basic Cable TV, Manager, Recreational Facilities, Reserve Fund, Security and Trash pickup.

Copperleaf in Palm City Florida

There are excellent new construction opportunities as well as re-sales available in Copperleaf of Palm City FL. Call us for details.

Copperleaf real estate in Palm City FL

Currently, these homes are available for sale in Copperleaf Palm City

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.

Copperleaf Real Estate Market Report January 2023

Florida Townhouses and Condos 2022 4th Quarter Report

01.27.23 by

Florida Townhouses and Condos 2022 4th Quarter Report

Click the image below to view the 2022 4th Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2022 4th Quarter Report

For the 4th quarter of 2022, the Florida townhouse and condo real estate market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

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 2022 4th Quarter Report

Riverwood Condos Real Estate Market Report January 2023

01.27.23 by

Riverwood Condos Real Estate Market Report January 2023

There is only 1 condo currently for sale in the Riverwood Condos of Indian River Plantation.  The list price is $749,000 or $508.83 per sq. ft. of living area.

There is also 1 Riverwood condo currently under contract.  The list price was $675,000 which is $345.80 per sq. ft. of living area.  This condo was on the market for 45 days before going under contract.

In the past 12 months, 4 condos have sold in Riverwood.  Sales prices ranged from $500,000 up to $825,000.  This is an average sales price of $700,000 which equals $420.02 per sq. ft. of living area. These condos were on the market for an average of 26 days before going under contract. And, they sold for an average of 97% of the list price.

Click here to view recent Riverwood market reports!

About Riverwood Condos in Indian River Plantation:

Riverwood in Indian River Plantation on Hutchinson Island in Stuart Florida
Google Earth image

Riverwood condos for sale:

The Riverwood condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of 12 smaller two-story buildings close to the Marriott Resort and a full-service marina in Indian River Plantation.  These condos were completed in 1981 and 1982 with many condos having magnificent wide water views of the Intracoastal Waterway also known as the Indian River and others with sweeping views of the Indian River Plantation Golf Course and lakes.

Riverwood in Indian River Plantation on Hutchinson Island in Stuart Florida
Google Earth image

There are 60 spacious condos with a mix of three bedroom- three bath, 2 bedroom-2 bath, and 1 bedroom-1 bath units.  Sizes range from a very spacious 2,065 sq. ft. down to the 911 sq. ft. for the 1 bedroom condos.

Recent Riverwood condo sales:

Riverwood residents enjoy their own community pool and tennis court for Riverwood resident’s exclusive use.  There is ample parking with one assigned space per condo and guest spaces as well as a number of detached garages for some units.  This is a pet-friendly community with up to two large pets allowed.  Rentals are also permitted with a one-month minimum.

Riverwood Condos in Indian River Plantation

Click here to view available Riverwood Condos for Sale

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina. This is the most complete resort-style community in Stuart.

Riverwood in Indian River Plantation on Hutchinson Island in Stuart Florida
Google Earth image

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

Riverwood in Indian River Plantation on Hutchinson Island in Stuart Florida

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

Riverwood in Indian River Plantation on Hutchinson Island in Stuart Florida

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, and deep-sea fishing.  There is a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Desirable resort amenities include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas.   Additionally, there are also supervised activities for both children and teens.

Indian River Plantation
Indian River Plantation
Image courtesy of Century 21 Realty
Search Links:

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Tennis Villas

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.

Riverwood Condos Real Estate Market Report January 2023

Florida Single Family Homes 2022 4th Quarter Report

01.26.23 by

Florida Single Family Homes 2022 4th Quarter Report

Click the image below to view the full details of the 2022 4th quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2022 4th Quarter Report

For the 4th quarter of 2022, Florida single-family homes continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent 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 2022 4th Quarter Report

Jensen Park Estates Real Estate Market Report January 2023

01.26.23 by

Jensen Park Estates Real Estate Market Report January 2023

There are 4 homes available for sale in the Jensen Park Estates community of Jensen Beach FL for January 2023.  The list prices range from $439,000 up to $720,000. This is an average list price of $544,500 which is $308.37 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $539,000 or $298.12 per sq. ft. of living area.  This home was on the market for 16 days prior to going under contract.

In the past 12 months, 23 Jensen Park Estates homes have sold.  Sales prices ranged from a low of $372,654 to a high of $610,000.  This is an average sales price of $480,094 which works out to $281.52 per sq. ft. of living area.  These sales averaged 98% of the last list price and averaged 24 days on market before going under contract.

View the previous Jensen Park Estates market report!

About Jensen Park Estates in Jensen Beach FL:

Jensen Park Estates in Jensen Beach Florida
Google Earth image

Jensen Park Estates homes for sale:

Jensen Park Estates is a non-gated community located just west of Savannah Rd in the heart of Jensen Beach.  There are 381 homesites in this community, most of which have been built upon.  Homes were built from 1980 to the latest one which was completed in 2010.

Jensen Park Estates in Jensen Beach Florida
Google Earth image

There’s a wide range of sizes and shapes of homes ranging from 6 bedroom homes with over 3,100 sq. ft. of living area down to more modest 2 bedroom, 2 bathroom homes with just under 1,100 sq. ft.  There are both frame and concrete block construction as well as homes with and without private pools.

Recent Jensen Park Estates sales:

Some homes have large lots of over ½ acre while others are fairly modest lots with just over .12 acres.

Neighborhood children attend the Jensen Beach Elementary School which is just a little over ½ mile away, Stuart Middle School and the Jensen Beach High School.

Jensen Park Estates in Jensen Beach Florida
Google Earth image

Very close to shopping areas of US-1 as well as close to the Intracoastal (the Indian River) with its boat ramps, public beaches on Hutchinson Island, Indian Riverside Park, and much more.

Jensen Park Estates real estate

Jensen Park Estates is an excellent option for both families and retirees looking for affordable homes in the heart of Jensen Beach.

Search here for available Jensen Park Estates 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.

Jensen Park Estates Real Estate Market Report January 2023

St Lucie County Townhouses and Condos Sales 2022 Yearly Review

01.25.23 by

St Lucie County Townhouses and Condos Sales 2022 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2022 is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 27.3% as compared to 2021 which saw an increase of 20.5% and new sales under contract (new pending sales) decreased by 28.7% (2021 saw an increase of 14.0%).

St Lucie County Townhouses and Condos Sales 2022 Yearly Review
Click the image for the full report

Prices, though, were up when compared to last year. The median sales price increased by 19.1% compared to the 9.3% rise last year. The average sales price was up by 20.0% as compared to the 16.2% increase in 2021.

Inventory increased by 99.3% as compared to 2021’s decrease of 54.2%. At the same time, the monthly supply of inventory rose to 3.0 months as compared to 1.1 months for 2021.  Remaining a seller’s market for Saint Lucie County townhouses and condos for the time being.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2022

View previous St Lucie County Yearly Reviews Here!

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

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

St Lucie County Townhouses and Condos Sales 2022 Yearly Review

Circle Bay Real Estate Market Report January 2023

01.25.23 by

Circle Bay Real Estate Market Report January 2023

As of January 2023, there are 3 condos for sale in the Circle Bay Yacht Club of Stuart FL. The list prices range from $249,000 up to $359,900. This is an average list price of $287,967 which equals $305.16 per sq. ft. of living area.

There is only 1 Circle Bay condo currently under contract. The list price was $498,500 which is $498.00 per sq. ft. of living area. This condo was on the market for 145 days before going under contract.

In the past 12 months, 18 Circle Bay Waterfront Condos have sold. Sales prices ranged from a low of $185,000 up to $420,000. This equals an average sales price of $325,372 which is $321.50 per sq. ft. of living area. These condos sold for an average of 97% of the last listed price. And, they were on the market for an average of 32 prior to going under contract.

Click here to view the previous Circle Bay market report

About the Circle Bay Yacht Club Condos in Stuart FL:

Circle Bay in Stuart Florida
Google Earth image

Circle Bay condos for sale:

The Circle Bay Yacht Club is an active waterfront 55+ condo community with docks (for boats up to 36′) that have easy wide river and ocean access. Docks are not deeded but rather rented at reasonable monthly rates.

Circle Bay in Stuart Florida
Google Earth image

There are 295 condos in 14 buildings that were constructed from 1974 to 1982. A number of buildings have elevators. Unit sizes vary from a low of 1 bedroom, 1 & ½ bathroom condos of 751 sq. ft. of living area up to 2 bedroom, 2 bathroom ones with 1,294 sq. ft. Additionally, covered carports are provided as well as ample guest parking.

Circle Bay Waterfront Condos in Stuart Florida
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Recently sold in Circle Bay:

Heated pools, grills, etc. are some of the numerous amenities available for residents of the Circle Bay Yacht Club. The clubhouse also boasts a hobby shop with tools available for use by the residents. Rentals are permitted with restrictions. Sorry, no pets are permitted in Circle Bay.  In summary, the condo fees include Basic Cable, Fire-Liability Insurance, Grounds-Plants, Exterior Maintenance, Manager, Pest Control, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water.

Circle Bay Waterfront Condos in Stuart Florida

Circle Bay Waterfront Condos Homes for Sale in Palm City Florida

Recent market reports:

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

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

Circle Bay Real Estate Market Report January 2023

St Lucie County Single Family Home Sales 2022 Yearly Review

01.24.23 by

St Lucie County Single Family Home Sales 2022 Yearly Review

The St Lucie County Single Family Home Sales for 2022 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 10.0% (were up by 14.6% in 2021) and new sales under contract (new pending sales) decreased by 18.0% (were up by 8.9% in 2021).

St Lucie County Single Family Home Sales 2022 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2022 by 23.6% and 20.5% respectively.   These numbers were 23.0% and 26.3% respectively in 2021.

The inventory of available homes for sale increased by 170.7% from 2021 (When there was a 32.9% decrease).  While the monthly supply of homes increased to 3.1 months from 1.0 months in 2021.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2022 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

To view the complete 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 Home Sales 2022 Yearly Review

Edgewater Villas Real Estate Market Report January 2023

01.24.23 by

Edgewater Villas Real Estate Market Report January 2023

For January 2023 no condos are available for sale in the Edgewater Villas in the downtown area of Stuart Florida.

There are also no Edgewater Villas condos under contract at this time.

In the past 12 months, 2 Edgewater Villas condos have sold. The sales prices were $639,200 and $685,000. This is an average sales price of $662,100 which works out to $408.13 per sq. ft. of living area. These condos sold for an average of 95% of the list price. And, they went under contract in an average of 13 days after being listed.

Click here to view the previous Edgewater Villas market report

About the Edgewater Villas Condominiums:

Edgewater Villas condos in Stuart Florida
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Edgewater Villas condos for sale:

Just west of Historic Downtown Stuart and on the shores of the Saint Lucie River lies the Edgewater Villas Condominiums. This complex consists of two waterfront buildings of four stories on over 2 acres that were built in 1976. These luxury condos come in both 2 or 3 bedroom sizes.  The 2  bedroom units are 1,561 sq. ft. and the 3 bedroom units are 1,684 sq. ft. of air-conditioned living area.  There are only four condos per floor in these buildings.

Edgewater Villas condos in Stuart Florida
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This community offers deep water docks that are just west of the Roosevelt Bridge. There is a large heated pool as well as a clubhouse with a kitchen, a billiard room as well as a common area member’s room. These condos are located next to the City of Stuart docks and mooring fields.

Recently sold Edgewater Villas condos:

The condo fees include basic cable TV, landscape/lawn, manager, recreation facilities, roof repair, trash and water, and sewer fees. Up to two large pets are permitted for each unit and rentals are allowed with some restrictions.

These Edgewater Villas Condos are very conveniently located and residents can easily walk to downtown Stuart as well as shops, restaurants, and supermarkets on US-1 (Federal Hwy).

Edgewater Villas condos in Stuart Florida
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All ages are welcome in the Edgewater Villas. And, children living here currently attend the JD Parker Elementary School, Stuart Middle School, and Jensen Beach High School.

Edgewater Villas real estate in Stuart FL

Click here to see if any Edgewater Villas Condos are for sale!

Edgewater Villas search

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.

Edgewater Villas Real Estate Market Report January 2023

Martin County Townhouses and Condos Sales 2022 Yearly Review

01.23.23 by

Martin County Townhouses and Condos Sales 2022 Yearly Review

The Martin County Townhouses and Condos Sales for 2022 is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 20.8% as compared to 2021 which were up by 14.3% and new sales under contract (new pending sales) decreased by 25.9% (2021 saw an increase of 15.1%).

Martin County Townhouses and Condos Sales 2022 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 31.5% and 18.3% respectively (2021 numbers were 18.3% and 27.1%).  Stronger than the increases of the previous year.

Inventory increased by 282.9% as compared to 2021’s decrease of 73.4%. And the supply of inventory rose to 3.2 months as compared to 0.7 months for 2021.  Still a seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2022 Yearly Review

Here are the previous Martin County yearly reviews!

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.