Heronwood Real Estate Market Report November 2022

11.02.22 by

Heronwood Real Estate Market Report November 2022

As of November 2022, there is only 1 home for sale in the Heronwood community in the Martin Downs Country Club in Palm City FL.  This home has a list price of $540,000 which equals $251.05 per sq. ft. of living area.

There are no Heronwood homes currently under contract.

In the past 12 months, 10 Heronwood homes have sold.  Sales prices ranged from $390,000 up to $575,000.  This equals an average sales price of $504,635 which works out to $243.77 per sq. ft. of living area.  These homes sold for an average of 98% of the list price.  And, they were on the market for an average of 36 days before going under contract.

Click here to view the previous Heronwood market report!

About Heronwood in Martin Downs:

Heronwood in the Martin Downs Country Club in Palm City Florida
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Heronwood homes for sale:

A subdivision of 150 homes in the Martin Downs Country Club of Palm City, FL. Heronwood consists of single-family homes that were built between 1983 and 1987.  Homes range in size from smaller 2 bedroom, 2 bathroom homes with a den at 1,567 sq. ft. of living area with garages up to spacious 4 bedroom, 3 bathroom homes with over 3,000 sq. ft. of living area.

Heronwood in Martin Downs Palm City FL

Homes in Heronwood have access to the golf course and community facilities available in the Martin Downs Country Club and many of these homes feature golf course and/or lake/pond views.  As of June 2019, the HOA fees in Heronwood are a very reasonable $149.00 a month.  Heronwood allows up to two large pets per home and rentals are also allowed with some restrictions.  All ages are welcome in this country club community.

Recent Heronwood sales:

The Martin Downs Country Club offers 24-hour gated security along with patrols for the safety and security of all residents.  Enjoy the full-service professional golf course, dining facility and the Martin Downs sports complex for those wishing for the active Florida lifestyle.  (Memberships in these facilities are extra and check for the current fees.)

Heronwood in Martin Downs Palm City FL

Close to shopping, Florida’s Turnpike, the beaches and waterways that Martin County has to offer, and in an ‘A’ rated school district.  The Heronwood community is a beautiful place to call home.

Heronwood in Martin Downs

Here are the currently available Heronwood Homes for Sale

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

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

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

Heronwood Real Estate Market Report November 2022

The Courtyards Real Estate Market Report October 2022

10.31.22 by

The Courtyards Real Estate Market Report October 2022

There are no townhouses/condos currently for sale in the Courtyards at Willoughby.

There are 2 condos under contract at this time. The list prices were $315,000 and $325,000. This is an average list price of $320,000 which is $278.75 per sq. ft. of living space. These homes were on the market for an average of 43 days before going under contract.

In the past 12 months, 8 condos have sold in the Courtyards of Willoughby. Sales prices ranged from $190,000 up to $320,000.  This is an average sales price of $276,113 which equals $233.30 per sq. ft. of living space.  These condos sold for an average of 97% of the list price. And, these homes averaged 14 days on market before going under contract.

Click here to view the previous Courtyards at Willoughby market report!

About the Courtyards at Willoughby:

Courtyards at Willoughby in Stuart Florida
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Courtyards at Willoughby homes for sale:

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach, and Palm City have to offer.

Recent sales in the Courtyard of Willoughby

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedrooms, 2 bathrooms, two-level homes with 1,532 sq. ft. of living area down to 2 bedrooms, 2 baths, one level living with 1,125 sq. ft. of living space and some models feature garages.  Up to 1 medium-sized pet is allowed.

Courtyards at Willoughby in Stuart Florida
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The Courtyards at Willoughby October 2020 Market Report

This community features a swimming pool, a sundeck and cabana grilling area, and a 24-hour fitness center! The surrounding school district is ‘A-rated.

The Courtyards at Willoughby October 2020 Market Report

Search Here for Courtyards at Willoughby Condos for Sale

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

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

The Courtyards Real Estate Market Report October 2022

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

Orchid Bay Real Estate Market Report October 2022

10.30.22 by

Orchid Bay Real Estate Market Report October 2022

There are currently no Orchid Bay homes listed for sale in Palm City FL.

There is 1 Orchid Bay home presently under contract.  The list price was $799,000 or $302.65 per sq. ft. of living area. This home was on the market for 5 days before going under contract.

In the past 12 months, 6 Orchid Bay homes have sold.  Sales prices ranged from $818,000 up to $1,400,000.  This is an average sales price of $959,000 which works out to $314.16 per sq. ft. of living area.  These homes averaged 37 days on the market before going under contract and sold for an average of 96% of the list price.

Click here to view the previous Orchid Bay market report!

About Orchid Bay in Palm City:

Orchid Bay in Palm City Florida
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Orchid bay and Lake Grove homes for sale:

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1-acre sites.  This planned community was developed by the Tartan land Company in the early 1990s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently, this is not a “cookie-cutter” community by any means.

Orchid Bay in Palm City Florida

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two-story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Recent Orchid Bay sales:

HOA fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Entrance to Orchid Bay in Palm City FL

Search here for all available Orchid Bay Homes for Sale

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

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

Orchid Bay Real Estate Market Report October 2022

Pierpoint Real Estate Market Report October 2022

10.29.22 by

Pierpoint Real Estate Market Report October 2022

There are 6 condos for sale in Pierpoint in Stuart FL for October 2022. The list prices range from $209,995 up to $299,000. This is an average list price of $248,949 which is $191.50 per sq. ft. of living space.

There is 1 Pierpoint condo currently under contract. The list price was $269,900 or $207.62 per sq. ft. of living space. This condo was on the market for 47 days before going under contract.

In the past 12 months, 9 Pierpoint condos have sold.  Sale prices ranged from $165,000 up to $380,000. This is an average sales price of $254,411 which equals $200.91 per sq. ft. of living space.  These condos went under contract in an average of 27 days after being listed and sold for an average of 99% of the list price.

Click here for the previous Pierpoint market report!

About the Pierpoint Condos in Stuart FL:

Pierpoint Condos in Stuart FL

Pierpoint condos for sale:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse, and deepwater docks with ocean access.

Pierpoint Condos in Stuart FL
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Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. An extremely well-maintained complex of 8 buildings, some of which have magnificent water views.

Recent Pierpoint condo sales:

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

Pierpoint Condos in Stuart FL

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, a reading library and shuffleboard courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

Pierpoint Condos in Stuart FL
Pierpoint Condos in Stuart FL

Condo fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

Pierpoint Condos in Stuart FL

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida 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.

Pierpoint Real Estate Market Report October 2022

Canopy Creek Real Estate Market Report October 2022

10.28.22 by

Canopy Creek Real Estate Market Report October 2022

For October 2022, there are 3 homes available for sale in Canopy Creek in Palm City. The list prices range from $1,435,990 up to $1,595,000. This is an average list price of $1,502,327 or $420.80 per sq. ft. of living area.

There are also 3 Canopy Creek homes currently under contract. The list prices ranged from $1,399,990 up to $1,605,990. This is an average list price of $1,530,657 which is $396.96 per sq. ft. of living area. These homes averaged 20 days on the market before going under contract.

In the past 12 months, 12 Canopy Creek homes have sold.  Sales prices ranged from $915,000 up to $1,525,000.  This equals an average sales price of $1,133,360 which works out to $333.92 per sq. ft. of living area.  These homes averaged 21 days on market prior to going under contract. And, the average sales price was 99% of the last list price.

Click here to view the last Canopy Creek Market report!

About Canopy Creek in Palm City FL:

Canopy Creek in Palm City Florida
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Canopy Creek homes for sale:

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

Recent Canopy Creek home sales:

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

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

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

Search here for all Canopy Creek homes for sale

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

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

Canopy Creek Real Estate Market Report October 2022

The Estates at Stuart Real Estate Market Report October 2022

10.27.22 by

The Estates at Stuart Real Estate Market Report October 2022

For October 2022 there is 1 condo available to purchase in the Estates at Stuart.  The list price is $230,000 which equals $296.39 per sq. ft. of living area.

There are no Estates at Stuart condos currently under contract.

In the past 12 months, 3 Estates at Stuart condos have sold.  Sales prices ranged from $200,000 up to $312,500. This works out to an average sales price of $260,833 or $224.02 per sq. ft. of living area.  These condos averaged 21 days on the market prior to going under contract. And, they sold for an average of 100% of the list price.

View the previous Estates at Stuart market report!

About The Estates at Stuart Condos:

The Estates at Stuart condos
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Estates at Stuart condos for sale:

The Estates at Stuart is a newer condo community with 123 units that was originally built as an apartment complex and then converted to condos beginning in 2005.  After the slowdown in the real estate market, a large number of these units were taken back by the developer and continue to be in the in-house rental program.  Currently, with only a very limited number of these condos available for private ownership, there is quite a demand for this community. This demand is based on the first-class amenities in this gated community

Recently sold Estates at Stuart condos:

The amenities include a fully-equipped fitness center, children’s playground, a large resort-style pool with a covered lanai, sand volleyball court, tennis court, recreation, and billiards lounge and beautiful landscaping. This is a gated community and only minutes from the historic downtown area of Stuart. Importantly for some, it is only about 10 minutes to I-95 for those needing to commute either north or south.

This community is within easy reach of shopping, restaurants and medical facilities all of which make for a very much sought-after community.

Estates at Stuart

Condos in the Estates at Stuart range from 1 bedroom 1 bathroom units up to 3 bedrooms 2 baths. Living area sizes vary from just under 800 sq. ft. to over 1,500 sq. ft.  Additionally, some units come with either attached or detached 1 car garages. This is a dog- and cat-friendly community allowing for up to one medium-sized pet.  The condo association fees vary by the size of the unit and whether a garage is included or not.

The Estates at Stuart in Stuart Florida
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Click here to see if any Estates at Stuart Condos are available for sale

The Estates of Stuart real estate is presented by Gabe Sanders, Stuart FL real estate

or search for all homes here

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

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

The Estates at Stuart Real Estate Market Report October 2022

Coral Point Real Estate Market Report October 2022

10.26.22 by

Coral Point Real Estate Market Report October 2022

There are no homes currently on the market in the Coral Point community of Rocky Point in Stuart FL.

There are also no Coral Point homes currently under contract.

In the past 12 months, 3 Coral Point homes have sold. The sales prices ranged from $573,000 up to $850,000. This equals an average sales price of $757,666 which is $320.61 per sq. ft. of living area. These homes were on the market for an average of 76 days before going under contract. And, they sold for an average of 94% of the list price.

Click here to view the previous Coral Point market report!

About Coral Point in Rocky Point:

Coral Point in Rocky Point in Stuart Florida
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Coral Point homes for sale in Rocky Point

Coral Point is a small community of only 20 homes located in Rocky Point just off the Manatee Pocket in Stuart FL.  This community had its first home built in 1986 and was mostly finished by 1993, though there have been a few homes with some extensive remodeling that could be considered brand new.

There are a number of wide waterfront homes in Coral Point with quick access to the Atlantic Ocean as this community lies only a mile or two from the inlet.  For those, not on the water there’s a community day dock and fishing pier with excellent fishing for snook or so the residents inform me.

Coral Point in Rocky Point in Stuart Florida
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This is an ungated community and there is a community tennis court.  As of this writing (October 2019), the HOA fees are under $500 per year.  This fee may vary slightly as the needs for community maintenance change.

Home sizes range from a 3 bedroom, 2 bath home with under 2,000 sq. ft. of living area up to a 4 bedroom, 4 bathroom home with over 5,000 sq. ft. of living area.  This is a beautiful secluded little community for those wishing to enjoy our Florida lifestyle

Coral Point in Rocky Point in Stuart Florida
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Children of Coral Point will attend the Port Salerno elementary school, Murray middle and the South Fork high school.

Click here to see any currently available Coral Point Homes for Sale

Search here for all Coral Point homes for sale

Coral Point real estate is presented by Gabe Sanders, Stuart FL real estate

or search for all homes here

Coral Point Real Estate Market Report October 2022

St Lucie County Townhouses and Condos September 2022 Market Report

10.25.22 by

St Lucie County Townhouses and Condos September 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last September. 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 11.2% from last year (were down by 28.3% in August). New pending sales were down by 29.5% for August(they were down by 28.1% last month).

Prices were mixed for September. The median price increased by 11.3% from last year (was up by 27.9% in August) and the average sales price decreased by 2.5% (was up by 22.3% in August).

The available townhouses and condos inventory increased by 12 units from last month to 240 residences. This is 37.1% greater inventory than we had in September 2021. The current inventory supply is 2.2 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 September 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 September 2022 Market Report

Atlantis Real Estate Market Report October 2022

10.25.22 by

Atlantis Real Estate Market Report October 2022

In October 2022, there is 1 condo on the market in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL. The list price is $440,000 which is $417.85 per sq. ft. of living area.

There are no Atlantis condos currently under contract.

In the past 12 months, 10 Atlantis condos have sold.  Sales prices ranged from a low of $315,000 up to a high of $577,000.  Making for an average sales price of $444,480 or $400.72 per sq. ft. of living area.  These condos were on the market for an average of 53 days before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Atlantis condo market report!

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach Florida
Atlantis and Oceanrise Condos on Hutchinson Island in Jensen Beach FL:

These Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consist of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedrooms 2 bathrooms condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap-around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Recently sold Atlantis condos:

These three buildings have two pools in between them. They all offer direct ocean access from the rear of all buildings.  There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen Beach
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The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen Beach

For more info about Hutchinson Island condos, call Gabe Sanders at 772-888-2885

Search for Atlantis Condos on Hutchinson Island for Sale

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

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.

Atlantis Real Estate Market Report October 2022

St Lucie County Single Family Homes September 2022 Market Report

10.24.22 by

St Lucie County Single Family Homes September 2022 Market Report

The September 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 18.7% for the month compared to last year (in August they were up by 22.4%). New sales under contract (new pending sales) decreased by 32.3% (they were down by 21.6% last month).

Prices were also up in September.  The median sales price was up by 19.0% (was up by 22.7% in August).  The average sales price was up by 16.0% (it was up by 27.5% in August).

The number of available home listings increased by 14 homes to 1681.  This inventory is 131.2% greater than last year.  The current supply of homes is 2.8 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 September 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 September 2022 Market Report

The Falls Real Estate Market Report October 2022

10.24.22 by

The Falls Real Estate Market Report October 2022

For October 2022, there are 2 homes available for sale in the Falls of Jensen Beach.  The list prices are $875,000 and $949,900. This is an average list price of $912,450 or $324.81 per sq. ft. of living area.

There are no Falls of Jensen Beach homes currently under contract.

In the past 12 months, 7 Falls of Jensen Beach homes have sold.  Sales prices ranged from $630,000 up to $1,145,000.  This is an average sales price of $822,501 which is equal to $266.87 per sq. ft. of living area.  These homes averaged 19 days on the market before going under contract. And, they sold on average for 98% of the list price.

Click here to view the previous market report from the Falls of Jensen Beach!

About the Falls in Jensen Beach FL:

The Falls of Jensen Beach
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The Falls of Jensen Beach homes for sale:

A newer Kolter community is located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls of Jensen Beach in Jensen Beach Florida
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The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County’s A-rated schools.  Currently, these are Jensen Beach Elementary school, Stuart Middle school, and Jensen Beach High school.

Recent sales in the Falls of Jensen Beach:

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing, there are only two new homes available from the builder, but resale homes have been coming on the market at a fairly steady rate.

The Falls of Jensen Beach in Jensen Beach Florida
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Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3 car garages.  Homes range from single-story ranch-style designs to two-story homes and many have private pools.

The Falls of Jensen Beach real estate

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection. Most of these homes also feature an updated kitchen with granite countertops.

The HOA fee includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Here are the currently available homes in the Falls of 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.

The Falls Real Estate Market Report October 2022

Martin County Townhouses and Condos September 2022 Market Report

10.23.22 by

Martin County Townhouses and Condos September 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last September. 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 28.8%.  They were down by 15.1% in August.  New sales under contract (new pending sales) were down by 31.3% from last year.  They were down by 8.0% in August.

Prices continue to go up.  The median sales price increased by 26.5% (was up by 47.6% last month). While the average sales price increased by 4.0% (was up by 23.1% in August).

The inventory of available townhouses and condos increased by 6 units to 217 properties.  This is an 85.5% greater supply of inventory than we had in September 2021.  Currently, there’s a 2.3 months supply of inventory (compared to 1.0 months for September 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 September 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 September 2022 Market Report

Palm Pointe and Palm Isles Real Estate Market Report October 2022

10.23.22 by

Palm Pointe and Palm Isles Real Estate Market Report October 2022

For October 2022, there is only 1 home for sale in the Palm Pointe and Palm Isles community of Palm City FL. The list price is $535,000 or $249.42 per sq. ft. of living area. 

There are no Palm Pointe and Palm Isles homes currently under contract.

7 Palm Pointe and Palm Isles homes have sold in the past 12 months.  Sales prices ranged from $375,000 up to $551,000.  This equals an average sales price of $468,000 which works out to $250.44 per sq. ft. of living area.  These homes were on the market for an average of 26 days prior to going under contract. And, they sold for an average of 101% of the list price.

Click here to view the previous Palm Pointe and Palm Isles market report!

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

Palm Pointe and Palm Isles in Palm City Florida
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Palm Pointe and Palm Isles homes for sale:

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

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

Recent sales in Palm Pointe and Palm Isles:

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

Palm Pointe and Palm Isles in Palm City

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

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

Search for Palm Pointe and Palm Isles Homes for Sale

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

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

Palm Pointe and Palm Isles Real Estate Market Report October 2022

Martin County Single Family Homes September 2022 Market Report

10.22.22 by

Martin County Single Family Homes September 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last September. 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 15.3% from last year (they were down by 17.6% in August).  While new pending sales decreased by 38.6% as compared to last year (decreased by 6.8% last month).

Prices were up for the month of September.  The median sales price increased from last year by 21.1% (up by 33.3% in August) while the average sales price increased by 18.2% (down by 0.5% last month).

The inventory of available single-family homes decreased by 4 from last month to 486. This is a 67.6% larger inventory than last September.  The current supply of homes is 2.7 months.  For September 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 September 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

Island Village Real Estate Market Report October 2022

10.22.22 by

Island Village Real Estate Market Report October 2022

There are no townhomes for sale in the Island Village community of Hutchinson Island in October 2022.

There are also no townhomes under contract.

7 Island Village townhomes have sold in the past 12 months.  Sales prices ranged from a low of $199,000 up to $290,000.  This works out to an average sales price of $245,851 which equals $193.58 per sq. ft. of living area.  These homes averaged 54 days on the market prior to going under contract. And, they sold for an average of 99% of the last list price.

Click here to view the previous Island Village market report!

About Island Village on Hutchinson Island FL:

Island Village on Hutchinson Island in Jensen Beach Florida
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Island Village homes for sale:

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

Recent Island Village sales:

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

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

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

Island Village on Hutchinson Island in Jensen Beach Florida

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

Click here for the currently available Island Village Townhouses for sale

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

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

Island Village Real Estate Market Report October 2022

Florida Townhouses and Condos September 2022 Market Report

10.21.22 by

Florida Townhouses and Condos September 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 29.0% as compared to last month’s decrease of 20.3%.  New sales under contract (new pending sales) decreased by 34.6% (In August, there was a 20.3% decrease).

Prices are still going up.  The median sales price was up by 20.5% (was up by 20.8% in August). While the average sales price increased by 17.2% (was up 10.8% in August).

The inventory of active listings increased by 18.0% from September of last year.  This results in 2.3 months supply of inventory as compared to 1.7 months for September 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 September 2022 Market Report
Download/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

Joes Point Real Estate Market Report October 2022

10.21.22 by

Joes Point Real Estate Market Report October 2022

As of October 2022, there are no homes for sale in Joes Point on Hutchinson Island.

There is 1 Joes Point home currently under contract. The list price was $2,250,000 or $798.16 per sq. ft. of living area. This home was on the market for 169 days prior to going under contract.

In the past 12 months, 5 Joes Point homes have sold. Sales prices ranged from $1,490,000 up to $3,250,000. This is an average sales price of $2,402,000 which equals $600.47 per sq. ft. of living area. These homes averaged 45 days on market before going under contract. And, they sold for an average of 89% of the list price.

Click here to view the previous Joes Point market report!

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson Island
Google Earth image
Joes Point homes for sale:

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

Recent sales in Joes Point:

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

Joes Point on Hutchinson Island in Stuart Florida
Google Earth image

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

Joes Point on Hutchinson Island

Search here for any available Joes Point Homes for Sale

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

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

Joes Point Real Estate Market Report October 2022

Florida Single Family Homes September 2022 Market Report

10.20.22 by

Florida Single Family Homes September 2022 Market Report

The Florida Single Family Home market had a lower sales volume than last September.  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 increase sales. Though, this will take some time. (Don’t ask me how long!) Closed sales were down by 29.0% (were down by 15.8% in August). New sales under contract (new pending sales) were down by 32.0% (were down by 18.0% in August).

Prices are still going up.  The median sales price rose by 13.8% (it was up by 15.0% in August). And, the average sales price was up by 9.6% (it was up by 11.0% last month).

The inventory of available homes for sale increased by 74.9% from last year.  This represents a 2.5 months supply of inventory. Florida remains in a seller’s market with a major advantage for sellers. (September 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 September 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 September 2022 Market Report

 

The Princess Real Estate Market Report October 2022

10.20.22 by

The Princess Real Estate Market Report October 2022

As of October 2022, there are 2 condos available for sale in the Princess of Hutchinson Island.  The list prices are $495,000 and $650,000. This is an average list price of $572,500 or $473.53 per sq. ft. of living area.

There are also 2 Princess condos currently under contract.  The list prices were $535,000 and $625,000. This was an average list price of $580,000 which equals $463.51 per sq. ft. of living area.  These condos were on the market for an average of 78 days prior to going under contract.

In the past 12 months, 12 Princess condos have sold. Sales prices ranged from $431,000 up to $825,000.  This is an average sales price of $556,458 which works out to an average of $410.69 per sq. ft. of living area.  These condos were on the market for an average of 42 days before going under contract. And, sold for an average of 97% of the last list price.

Click here to view the previous Princess of Hutchinson Island market report!

About the Princess of Hutchinson Island Condos:

The Princess of Hutchinson Island in Jensen Beach Florida
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Condos for sale in the Princess:

The Princess of Hutchinson Island is one of the more elegant high-rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles north of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos, and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island in Jensen Beach Florida
Google Earth image

The Princess was built in 1984 and has a heated pool, Jacuzzi, a common area with a game room, kitchen and bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

Recent sales in the Princess:

The maintenance fee includes the use of all facilities as well as exterior maintenance and insurance.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought-after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

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

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

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

The Princess Real Estate Market Report October 2022

The Charter Club Real Estate Market Report October 2022

10.19.22 by

The Charter Club Real Estate Market Report October 2022

For October 2022, there is 1 home for sale in the Charter Club at Martin Downs in Palm City FL. The list price is $399,900 which is $277.71 per sq. ft. of living area.

There is also 1 Charter Club home under contract. The list price was $359,900 or $244.00 per sq. ft. of living area. This home was on the market for 7 days before going under contract.

In the past 12 months 13 Charter Club homes have sold.  Sales prices ranged from $335,000 up to $470,000. This equals an average sales price of $389,385 which equals $247.09 per sq. ft. of living area.  These homes went under contract in an average of 12 days. And, sold for an average of 100% of the list price.

Click here to view the previous Charter Club market report!

About the Charter Club at Martin Downs:

The Charter Club at Martin Downs in Palm City Florida
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Charter Club homes for sale:

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

The Charter Club at Martin Downs in Palm City Florida
Google Earth image

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

Recent Charter Club sales:

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

The Charter Club at Martin Downs in Palm City Florida
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The HOA fee covers the common areas, landscaping and lawn service, basic cable tv, pest control, and trash service.

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

Search here for Charter Club Homes for Sale

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

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

The Charter Club Real Estate Market Report October 2022