The Estuary Real Estate Market Report October 2022

10.04.22 by

The Estuary Real Estate Market Report October 2022

The Estuary of Stuart FL contains both homes and condos.  Here is the October 2022 real estate market report for this gated community:

Homes

There is 1 home currently available for sale in the Estuary. The list price is $599,000 which is $336.71 per sq. ft. of living area.

There is also 1 home currently under contract. The list price was $499,000 or $275.08 per sq. ft. of living area. This home was on the market for 89 days before going under contract.

In the past 12 months, 3 Estuary homes have sold.  Sales prices ranged from $475,000 up to $535,000.  This equals an average sales price of $496,667 which works out to $283.86 per sq. ft. of living area. These homes sold for an average of 97% of the list price. And, went under contract in an average of 39 days.

Condos

There are no condos currently for sale in the Estuary.

There is 1 Estuary condo currently under contract. The list price was $310,000 which is $300.97 per sq. ft. of living area. This condo was on the market for 44 days before going under contract.

In the past 12 months, 6 condos have sold in the Estuary.  Sales prices ranged from $239,900 up to $420,000.  This equals an average sales price of $315,633 which works out to $264.56 per sq. ft. of living area.  These condos averaged 27 days on the market before going under contract. And, sold for an average of 100% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary in Stuart FL

Estuary homes and condos for sale:

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.

Recent Estuary sales:


The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

Different sections of the Estuary include well-appointed 2 and 3 bedroom condos with pool and lake views.  A select number of condos have mile-wide river views of the Saint Lucie River.  An inland section of varying styles, sizes and shapes of homes built from the early 1980s and also called River Shores Plantation. 

The Estuary in Stuart FL

In 2002, a section of the Estuary was added with villas and smaller single-family homes on Tillia Trail with their own community pool.  Larger single-family homes were also added at this time along Estuary Court, Plumbago Trail and the western section of NW 21’st Terrace.  This section also boasts a community dock suitable for good-sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

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.

The Estuary Real Estate Market Report October 2022

Fairwinds Cove Real Estate Market Report October 2022

10.03.22 by

Fairwinds Cove Real Estate Market Report October 2022

There are 3 condos currently available for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. The list prices range from $375,000 up to $449,000. This is an average list price of $407,667 which works out to $359.72 per square foot of living area.

There is 1 condo currently under contract. It was listed for $399,900 or $330.22 per square foot of living area.  This condo was on the market for 17 days before going under contract.

In the past 12 months, 7 Fairwinds Cove condos have sold.  Sales prices ranged from $301,000 up to $460,000.  This works out to an average sales price of $371,143 which equals $320.30 per square foot of living area.  These condos sold for an average of 98% of the list price and were on the market for an average of 24 days before going under contract.

Click here for the previous Fairwinds Cove market report!

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove on Hutchinson Island in Jensen Beach Florida
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Fairwinds Cove condos for sale:

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four-story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

Fairwinds Cove on Hutchinson Island in Jensen Beach Florida
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This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with a full kitchen, meeting room, fitness room, billiards and more.

Recent Fairwinds Cove sales:

Fairwinds Cove is a non-age-restricted community that allows one small pet.  There is a strong sense of community with many long-time seasonal and full-time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach as well as the many amenities offered in Martin County, Florida.

Search for Fairwinds Cove Condos in Jensen Beach

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.

Fairwinds Cove Real Estate Market Report October 2022

Twin Lakes Real Estate Market Report October 2022

10.02.22 by

Twin Lakes Real Estate Market Report October 2022

There are 3 condos currently available to purchase in the Twin Lakes community of Stuart FL. The list prices range from $235,000 up to $255,000. This is an average list price of $243,300 which equals $217.95 per sq. ft. of living area.

There are no Twin Lakes condos under contract.

In the past 12 months, 18 Twin Lakes condos have sold.  Sales prices ranged from $139,000 up to $245,000. This equals an average sales price of $202,111 which works out to $185.75 per sq. ft. of living area.  These condos averaged 28 days on the market before going under contract and sold for an average of 100% of the list price.

Click here to view the previous Twin Lakes market report!

About the Twin Lakes Condo Community:

Twin Lakes condos in Stuart Florida
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Twin Lakes condos for sale:

The Twin Lakes Condos of Stuart FL is located at 6531 SE Federal Highway in South Stuart, just north of the edge of Hobe Sound.  There are just over 280 units in Twin Lakes.  These condos were built in 1973 through 1979 with the last phase completed in 1989.  All condos are 2 bedroom two bathroom units in two-story buildings—interior square footage range from 977 up to 1,182.

Twin Lakes condos in Stuart Florida

One portion of this community is a 55 and over section while the other is open to all ages.  Both phases will accept one small pet.  There is a community pool, clubhouse, tennis courts, shuffleboard courts, and a pleasant area for those wishing to hike around the lakes.

Recent Twin Lakes sales:

The current Condo Association fees are $306 a month (as of April 2018) and these fees cover Building Insurance, Cable, Common Areas, Lawn Care, Maintenance Exterior, Manager, Master Antenna/TV, Pest Control, Pool Service, Reserve Funds and Trash Removal.

Twin Lakes Condos in Stuart FL
Twin Lakes Condos in Stuart FL

Children in the all-ages section of twin Lakes attend Port Salerno Elementary School, Murray Middle School, and South Fork High School.

Twin Lakes Condos in Stuart FL
Twin Lakes Condos in Stuart FL

There is ample reserved and guest parking and commercial vehicles, trucks and RV’s are not permitted.  Rentals are OK with some restrictions.

Click here to view the available Twin Lakes condos listed in the Martin County MLS system

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.

Twin Lakes Real Estate Market Report October 2022

Bay Tree Real Estate Market Report September 2022

09.30.22 by

Bay Tree Real Estate Market Report September 2022

For September 2022, there is 1 home for sale in Bay Tree on Hutchinson Island in Jensen Beach.  The list price is $850,000 which equals $359.10 per sq. ft. of living area.

There are no Bay Tree homes that are currently under contract.

In the past 12 months, there have been 3 Bay Tree home sales. Sales prices ranged from $550,000 up to $1,300,000. This equals an average sales price of $809,667 which works out to $355.10 per sq. ft. of living area. These homes averaged 6 days on the market before going under contract. And, they sold for an average of 101% of the list price.

Click here to view the previous Bay Tree market report!

About Bay Tree on Hutchinson Island in Jensen Beach FL:

Bay Tree on Hutchinson Island
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Bay Tree homes for sale:

Bay Tree is located directly across the street from the beautiful beaches of the Atlantic Ocean.   This is a wonderful gated community that is made up of 32 homes on Hutchinson Island in Jensen Beach. Bay Tree is in a serene area of Jensen Beach but is still close to shopping, restaurants, boating and the downtown areas of both Jensen Beach and Stuart.

Recent sales in Bay Tree:

Homes in Bay Tree were built from 1992 to 2002 and consist of 2 bedroom, 2 bathroom homes of just over 1,500 sq. ft. of living area up to a spacious 4 bedroom, 4 bathroom home with just under 4,000 sq. ft. of space under AC.  This community has access to the beach at Waveland Beach Park directly across the street.  And is now also equipped with a good-sized day dock where boaters and fishermen can stop to pick up guests and supplies for the day.

The Bay Tree community is only just over 1.5 miles from the Jensen Beach Causeway and residents have easy and convenient access to downtown Jensen Beach with its restaurants and shopping.  And, is only 5 miles to the Stuart Causeway for additional shopping, entertainment, and dining options.

 This community allows rentals and is a pet-friendly community with large dogs permitted.

For those wishing to explore a little further away, Orlando is only 2 hours away; while West Palm Beach is only a45 minute drive.

Bay Tree on Hutchinson Island

Search Here for Bay Tree 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.

Bay Tree Real Estate Market Report September 2022

Jensen Beach Club Real Estate Market Report September 2022

09.29.22 by

Jensen Beach Club Real Estate Market Report September 2022

There are no condos for sale in the Jensen Beach Club on Hutchinson Island in Jensen Beach FL for September 2022. 

There is 1 Jensen Beach Club condo currently under contract.  The list price was $355,000 or $325.69 per sq. ft. of living area. This condo was on the market for 19 days before going under contract.

In the past 12 months, 8 Jensen Beach Club condos have sold. Sales prices ranged from $300,000 up to $375,000.  This equals an average sales price of $336,188 which is $308.43 per sq. ft. of living area. These condos were on the market for an average of 8 days before going under contract. And, they sold for an average of 99% of the list price.

Click here to view the previous Jensen Beach Club market report!

About the Jensen Beach Club on Hutchinson Island:

Jensen Beach Club on Hutchinson Island
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Jensen Beach Club condos for sale:

The Jensen Beach Club is a complex consisting of 9 buildings surrounding a lake on Hutchinson Island and lying on a pristine 21 acres. Located directly across the street from the Ocean at the Jensen Beach Public Beach. There are 196 condos which are all 1,090 sq. ft. of living area. They are all 2 bedrooms and 2 bathrooms with private balconies or patios. The Jensen Beach Club complex was built between 1986 and 1987 and has a community pool, clubhouse, and tennis courts. These are three-story buildings with the most desirable condos being the end units with lake views.

Recent Jensen Beach Club sales:

The Jensen Beach Club will allow up to a 25 lb. or smaller pet and rentals are also allowed with some restrictions. The maintenance fee includes the insurance and maintenance for the building exterior as well as the common areas, pest control, management and water, and sewer charges.

There are two designated parking spots for each unit and ample guest parking as well. Jensen Beach Club residents enjoy the convenience of having ocean access just across the street. And, also being a short drive or bicycle ride to restaurants, shopping and the wonderful amenities of Jensen Beach and Martin County FL. All at a very affordable price.

Jensen Beach Club on Hutchinson Island

Search for available Jensen Beach Club Condos here.

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House –Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View –Sailfish Point – Sandpebble – Seaside – Suntide

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.

Jensen Beach Club Real Estate Market Report September 2022

St Lucie County Townhouses and Condos August 2022 Market Report

09.28.22 by

St Lucie County Townhouses and Condos August 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 28.3% from last year (were down by 34.1% in July). New pending sales were down by 28.1% for July (they were down by 14.2% last month).

Prices are still rising. The median price increased by 27.9% from last year (was up by 20.4% in July) and the average sales price increased by 22.3% (was up by 11.0% in July).

The inventory of available townhouses and condos decreased by 4 units from last month to 228 residences. This is 31.0% greater inventory than we had in August 2021. The current inventory supply is 2.1 months, as compared to 1.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. 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 August 2022 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 August 2022 Market Report

Tesoro Real Estate Market Report September 2022

09.28.22 by

Tesoro Real Estate Market Report September 2022

For September 2022 there are 9 homes available to purchase in the Tesoro in Port St Lucie FL.  The list prices range from $620,028 up to $1,850,000. This is an average list price of $1,000,137 or $327.27 per sq. ft. of living area.

One Tesoro home is currently under contract. The list price was $599,900 which is $267.10 per sq. ft. of living area. This home was on the market for 8 days before going under contract.

In the past 12 months, there have been 10 Tesoro home sales.  Sales prices ranged from a low of $599,000 up to $1,087,500.  This works out to an average sales price of $871,640 which equals $264.15 per sq. ft. of living area.  These homes sold at an average of 98% of the list price. And, they were on the market for an average of 37 days prior to going under contract.

Click here to view the previous Tesoro market report!

About Tesoro in Port St. Lucie FL:

Tesoro
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Tesoro homes for sale:

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 homes in Port St Lucie Florida
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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.

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 homes in Port St Lucie Florida
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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.

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.

Recently sold in Tesoro:

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 Real Estate Market Report September 2022

St Lucie County Single Family Homes August 2022 Market Report

09.27.22 by

St Lucie County Single Family Homes August 2022 Market Report

The August 2022 St Lucie County Single Family Home market had weaker activity when compared to last year. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 22.4% for the month compared to last year (in July they were up by 18.0%). New sales under contract (new pending sales) decreased by21.6 % (they were down by 8.4% last month).

Prices were also up in August.  The median sales price was up by 22.7% (was up by 26.0% in July).  The average sales price was up by 27.5% (it was up by 23.8% in July).

The number of available home listings increased by 195 homes to 1695.  This inventory is 124.4% greater than last year.  The current supply of homes is 2.7 months (it was 1.2 months last year).  The St Lucie County single-family home market remains an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2022 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 August 2022 Market Report

Rustic Hills Real Estate Market Report September 2022

09.27.22 by

Rustic Hills Real Estate Market Report September 2022

For September 2022, there are 6 homes available for sale in Rustic Hills in Palm City FL.  List prices ranged from $724,900 up to $1,949,000.  This is an average list price is $1,130,300 or $479.56 per sq. ft. of living area.

There are no Rustic Hills homes under contract at this time.

In the past 12 months, 16 Rustic Hills homes have sold.  Sales prices ranged from $539,000 up to $1,685,000 for an average sales price of $872,133 which equates to $354.02 per sq. ft. of living area.  Sales prices averaged 97% of the list price. And, these homes averaged 52 days on the market prior to going under contract.

Click here to view the previous Rustic Hills market report!

About Rustic Hills in Palm City FL:

Rustic Hills Palm City Boating Community
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Rustic Hills homes for sale:

Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 homesites geared for families who also enjoy boating. All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks. A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills. Great families and good neighbors through a series of winding one-lane roads that make this neighborhood unique in today’s fast-paced lifestyles. Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even re-built to today’s standards.

Rustic Hills Palm City Boating Community
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Recent Rustic Hills home sales:

Truly a ‘rustic’ area, but close to shopping, beaches, and all modern amenities. Only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Rustic Hills, Palm City, Florida, Canals

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.  Rustic Hills is an exceptionally friendly family neighborhood where children are seen playing outside at all times and neighbors taking the time to make sure that all is well.

There are a number of exceptional opportunities for prospective homebuyers in Rustic Hills.

Search for currently available homes in Rustic Hills, 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.

Rustic Hills Real Estate Market Report September 2022

Martin County Townhouses and Condos August 2022 Market Report

09.26.22 by

Martin County Townhouses and Condos August 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales for the month were down by 15.1%.  They were down by 29.1% in July.  New sales under contract (new pending sales) were down by 8.0% from last year.  They were down by 6.1% in July.

Prices continue to go up.  The median sales price increased by 47.6% (was up by 35.8% last month). While the average sales price increased by 23.1% (was up by 12.2% in July).

The inventory of available townhouses and condos increased by 13 units to 211 properties.  This is a 56.3% greater supply of inventory than we had in August 2021.  Currently, there’s a 2.1 months supply of inventory (compared to 1.1 months for August 2021).  We remain in a very extreme seller’s 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.

Martin County Townhouses and Condos August 2022 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 August 2022 Market Report

South Fork Estates Real Estate Market Report September 2022

09.26.22 by

South Fork Estates Real Estate Market Report September 2022

There are no homes for sale in the South Fork Estates in Stuart FL for September 2022.

There are also no South Fork Estates homes under contract at this time.

In the past 12 months, there have been 4 South Fork Estates home sales.  Sales prices ranged from $629,000 up to $920,000.  This works out to an average sales price of $770,000 which is $344.39 per square foot of living area.   These homes averaged 20 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here for the previous South Fork Estates market report!

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart Florida
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South Fork Estates homes for sale:

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 Martin County Florida
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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.

Recently sold in South Fork Estates:

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.

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

South Fork Estates in Martin County Florida
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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 is 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 September 2022

Martins Crossing Real Estate Market Report September 2022

09.25.22 by

Martins Crossing Real Estate Market Report September 2022

For September 2022 there are 2 homes available for sale in Martins Crossing in Stuart FL.  The list prices are $339,900 and $449,000. This is an average list price of $394,450 which equals $232.42 per sq. ft. of living area.

There are also 2 Martins Crossing homes currently under contract.  The list prices are $365,000 and $699,900.  This equals an average list price of $532,450 which is $228.81 per sq. ft. of living area.  These homes went under contract in an average of 27 days.

In the past twelve months, 44 Martins Crossing homes have sold.  Sales prices ranged from a low of $235,000 to a high of $600,000.  This equals an average sales price of $381,406 which works out to $199.64 per sq. ft. of living area.  These homes sold at an average of 99% of the list price and went under contract in an average of 17 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
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Martins Crossing homes for sale:

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

Martins Crossing Townhomes
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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.

Recently sold Martins Crossings homes:

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 Real Estate Market Report September 2022

Oak Ridge Real Estate Market Report September 2022

09.24.22 by

Oak Ridge Real Estate Market Report September 2022

For September 2022, there are 2 homes available for sale in Oak Ridge in Palm City, FL. The list prices are $599,000 and $695,000. This is an average list price of $647,000 which is $303.88 per sq. ft. of living area.

There are also 2 Oak Ridge homes currently under contract and awaiting settlement.  List prices were both $769,000. This is an average list price of $769,000 or $313.17 per sq. ft. of living area.  These homes were on the market for an average of 9 days before going under contract.

9 Oak Ridge homes have sold in the past 12 months.  Sale prices ranged from $450,000 up to $605,000.  The average sales price was $524,878 which equals $252.04 per sq. ft. of living area.  These homes went under contract in an average of 31 days after being listed. And, they sold for an average of 99% of the list price.

Click here for the previous Oak Ridge market report!

About Oak Ridge in Palm City FL:

Oak Ridge in Palm City FL
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Homes for sale in Oak Ridge:

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95, and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts, and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

Recent Oak Ridge home sales:

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds.

Oak Ridge in Palm City Florida
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Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Oak Ridge in Palm City Florida
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Other close-by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

Currently available homes for sale in Oak Ridge and the Estates of Oak Ridge

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.

Oak Ridge Real Estate Market Report September 2022

Martin County Single Family Homes August 2022 Market Report

09.23.22 by

Martin County Single Family Homes August 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 17.6% from last year (were down by 46.9% in July).  While new pending sales decreased by 6.8% as compared to last year (decreased by 25.5% last month).

Prices were mixed for the month of August.  The median sales price increased from last year by 33.3% (it was up by 18.8% in July) while the average sales price decreased by 0.5% (it was up by 19.5% last month).

The inventory of available single-family homes decreased by 3 homes from last month to 490. This is 62.3% larger inventory than last August.  The current supply of homes is 2.6 months.  For August of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 2022 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 August 2022 Market Report

Willoughby Cay Real Estate Market Report September 2022

09.23.22 by

Willoughby Cay Real Estate Market Report September 2022

As of September 2022, there are no homes for sale in Willoughby Cay in Stuart FL.

There is 1 home currently under contract. The list price was $430,000 or $303.67 per sq. ft. of living area.  This home was on the market for 5 days after being listed.

In the past 12 months, 4 Willoughby Cay homes have sold.  Sales prices ranged from $350,000 up to $400,000. This works out to an average sales price of $376,250 which equals $242.90 per sq. ft. of living area.  These homes averaged 11 days on the market before going under contract. And, they sold for an average of 104% of the list price.

Click here to view the previous Willoughby Cay market report!

About Willoughby Cay in Stuart FL:

Willoughby Cay in Stuart FL
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Willoughby Cay homes for sale:

Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attached villas each (for a total of 102 residences).  However, these homes were built from 2002 to 2004 by Showcase Designer Homes.

These homes come in two basic floor plans.  A 2 bedroom, 2 bathroom with a two-car garage with 1,398 sq. ft. of living area and a 3 bedroom (or 2 bedroom plus den), 2 bathroom with 2 car garage featuring 1,547 sq. ft. of living area.

Recent Willoughby Cay sales:

There is no community pool or other amenities in Willoughby Cay.  However, a few homes have their own pools located in the backyards.  Additionally, for those desiring a country club lifestyle, membership is available for the Willoughby Golf Club across the street.

Willoughby Cay is for all ages and is pet-friendly allowing for up to two pets of medium size or smaller.  Additionally, rentals are also allowed with some restrictions.  The current HOA fee (as of September 2019) is $220.00 a month and these funds cover Basic Cable TV, Common Areas, Lawn Care, Management Fees, Roof Maintenance and Trash Pickup.

Willoughby Cay in Stuart FL

Children living in Willoughby Cay are zoned for the Pinewood Elementary School, Dr. David L. Anderson Middle School, and Martin County High School.

This community is conveniently located just minutes away from shopping, restaurants, beaches and boat ramps, medical facilities as well as easy access to I-95 and historic downtown Stuart.

This is a very desirable community where homes coming up for sale tend to sell fast.

Willoughby Cay in Stuart FL

Click here to see available Willoughby Cay 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.

Willoughby Cay Real Estate Market Report September 2022

Florida Townhouses and Condos August 2022 Market Report

09.22.22 by

Florida Townhouses and Condos August 2022 Market Report

Florida Townhouses and Condos showed slower sales activity when compared to last year. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 20.3% as compared to last month’s decrease of 30.7%.  New sales under contract (new pending sales) decreased by 20.3% (In July, there was a 24.0% decrease).

Prices are still going up.  The median sales price was up by 20.8% (was up by 20.6% in July). While the average sales price increased by 10.8% (was up 11.6% in July).

The inventory of active listings increased by 12.6% from August of last year.  This results in 2.2 months supply of inventory as compared to 1.7 months for August 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 August 2022 Market Report

Click here to view 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.

Florida Townhouses and Condos August 2022 Market Report

Castle Hill Real Estate Market Report September 2022

09.22.22 by

Castle Hill Real Estate Market Report September 2022

For September 2022, there are no homes available for sale in Castle Hill in Sewalls Point, FL.

There are also no Castle Hill homes currently under contract.

In the past 12 months, 3 Castle Hill homes have sold.  Sales prices ranged from $1,260,000 up to $3,650,000.  This equals an average sales price of $2,068,333 which is $512.11 per sq. ft. of living area.  These homes were on the market for an average of 40 days prior to going under contract. And, they sold for an average of 99% of the list price.

Click here to view previous Castle Hill market reports.

About Castle Hill in Sewalls Point FL:

Castle Hill in Sewalls Point Florida

Castle Hill homes for sale:

Sewalls Point homes for sale:

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.

Residents of Castle Hill enjoy the good life with low HOA fees and a quiet family-friendly neighborhood for year-round Florida living.

Recent Castle Hill home sales:

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.

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 September 2022

Florida Single Family Homes August 2022 Market Report

09.21.22 by

Florida Single Family Homes August 2022 Market Report

The Florida Single Family Home market activity had lower sales volume compared to last August.  While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. (Don’t ask me how long!) Closed sales were down by 15.8% (were down by 22.9% in July). New sales under contract (new pending sales) were down by 18.0% (were down by 19.2% in July).

Prices are still going up.  The median sales price rose by 15.0% (it was up by 16.1% in July). And, the average sales price was up by 11.0% (it was up by 12.0% last month).

The inventory of available homes for sale increased by 70.4% from last year.  This represents a 2.4 months supply of inventory. Florida remains in a seller’s market with a major advantage for sellers. (August 2021 had a 1.3 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 August 2022 Market Report

Click here to 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 August 2022 Market Report

 

Islesworth Real Estate Market Report September 2022

09.21.22 by

Islesworth Real Estate Market Report September 2022

For September 2022, there are no homes for sale in Islesworth in Palm City, Florida.

There are 2 Islesworth homes currently under contract. List prices were $649,900 and $650,000. This is an average list price of $649,950 which is $297.28 per square foot of living area. These homes were on the market for an average of 3 days before going under contract.

In the past 12 months, 7 Islesworth homes have sold.  Sales prices ranged from $540,000 up to $675,000.  This is an average sales price of $633,429 which works out to $240.21 per square foot of living area. These homes averaged 27 days on the market prior to going under contract. And, they sold for 100% of the list price.

Click here to view the previous Islesworth market report!

About Islesworth in Palm City FL

Islesworth in Palm City Florida
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Islesworth homes for sale:

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.

Recent sales in Islesworth:

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 in Palm City FL
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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 residents’ needs.  For those needing to commute, both Florida’s Turnpike and I-95 are 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 Real Estate Market Report September 2022

Tres Belle Real Estate Market Report September 2022

09.20.22 by

Tres Belle Real Estate Market Report September 2022

For September 2022, there is 1 home available for sale in the Tres Belle community of Stuart FL. The list price is $1,200,000 which equals $392.54 per sq. ft. of living area.

There is also 1 Tres Belle home currently under contract.  The list price was $1,250,000 or $361.17 per sq. ft. of living area.  This home was on the market for 21 days prior to going under contract.

7 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $800,000 up to $1,250,000.  The average sales price was $1,081,443 which comes out to $338.71 per sq. ft. of living area.  These homes went under contract in an average of 9 days after being listed. And, they sold for an average of 106% of the list price.

Click here to view the previous Tres Belle market report!

About Tres Belle in Stuart FL:

Tres Belle in Stuart Florida
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Tres Belle Homes for Sale:

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.

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 Florida
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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.

Recently sold Tres Belle homes:

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 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 in Stuart Florida

The reasonable HOA fees include maintenance of the common areas as well as Cable TV.  This is a pet-friendly community.

Tres Belle Stuart Florida real estate

Click for all available Tres Belle homes for sale!

Search here for all Stuart FL real estate

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 Real Estate Market Report September 2022