Martins Crossing Market Report March 2022

03.28.22 by

Martins Crossing Market Report March 2022

There is only 1 home available for sale in Martins Crossing in Stuart FL.  The list price is $345,000 which equals $184.69 per sq. ft. of living area.

There are 5 homes currently under contract.  List prices ranged from a low of $329,900 up to $450,000.  This equals an average list price of $418,980 which is $207.59 per sq. ft. of living area.  These homes went under contract in an average of 6 days.

In the past twelve months, 49 Martins Crossing homes have sold.  Sales prices ranged from a low of $217,500 to a high of $535,000.  This equals an average sales price of $347,077 which works out to $184.03 per sq. ft. of living area.  These homes sold at an average of 100% of the list price and went under contract in an average of 19 days.

Click here to view previous Martins Crossing market reports.

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 Market Report March 2022

The Meadows Palm City March 2022 Market Report

03.27.22 by

The Meadows Palm City March 2022 Market Report

There are currently 3 homes for sale in the Meadows in Palm City FL.  The list prices are $475,000 up to $539,000.  This is an average list price of $504,633 which equals $290.22 per sq. ft. of living area.

There are 3 homes currently under contract in the Meadows.  These homes had list prices ranging from $350,000 up to $568,000.  This is an average list price of $479,333 which is $262.29 per sq. ft. of living area.  These homes averaged only 4 days on the market before going under contract.

In the past 12 months, there have been 58 sales in the Meadows.  Sales prices ranged from a low of $180,000 up to $555,000.  This is an average sales price of $361,231 or $225.71 per sq. ft. of living area.  These homes went under contract in an average of 22 days and sold for an average of 100% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

The Meadows in Palm City Florida
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The Meadows homes for sale:

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

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

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

Recent sales in the Meadows:

Meadows History:

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

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

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

Entrance to the Meadows

Search for the Meadows Homes for Sale

Recent market reports:

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

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

The Meadows Palm City March 2022 Market Report

Tesoro March 2022 Real Estate Market Report

03.26.22 by

Tesoro March 2022 Real Estate Market Report

There is currently only 1 home available to purchase in the Tesoro in Port St Lucie FL.  The list price is $1,250,000 or $319.53 per sq. ft. of living area.

2 Tesoro homes are currently under contract. The list prices were $749,900 and $899,000. This is an average list price of $824,450 which is $255.57 per sq. ft. of living area. These homes were on the market for an average of 63 days before going under contract.

In the past 12 months, there have been 17 Tesoro sales.  Sales prices ranged from a low of $535,000 up to $1,350,000.  This works out to an average sales price of $869,424 which equals $221.29 per sq. ft. of living area.  These homes sold at an average of 96% of the list price and were on the market for an average of 154 days prior to going under contract.

Click here to view previous Tesoro market reports.

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 March 2022 Real Estate Market Report

Hammock Creek March 2022 Market Report

03.25.22 by

Hammock Creek March 2022 Market Report

There are currently no homes actively listed in Hammock Creek in Palm City, Florida.

There are 5 homes currently under contract awaiting closing.  The list prices ranged from a low of $795,000 up to $950,000.  This is an average list price is $866,800 which equals $286.14 per square foot of living area.  These homes averaged 9 days on the market before going under contract.

In the past 12 months, 38 Hammock Creek homes have sold.  Sales prices ranged from $430,000 up to $1,107,500. This is an average sales price of $674,175 which works out to $233.21 per square foot of living area.  These homes went under contract in an average of 21 days and sold for an average of 100% of the list price.

Click here to view previous Hammock Creek market reports.

About Hammock Creek in Palm City FL:

Hammock Creek in Palm City FL

Hammock Creek homes for sale:

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

Recent Hammock Creek home sales:

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

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

Children who live in Hammock Creek attend the Palm City Elementary, Hidden Oaks Middle, and Martin County High Schools, which are all highly desirable.

Hammock Creek in Palm City, Florida
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Search here for all Hammock Creek homes for sale in Palm City FL!

Recent market reports:

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

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

Hammock Creek March 2022 Market Report

Banyan House Stuart FL March 2022 Market Report

03.24.22 by

Banyan House Stuart FL March 2022 Market Report

For March 2022, there are 4 condos for sale in the Banyan House condo community of Stuart FL. List prices ranged from $239,900 up to $279,000. This is an average list price of $266,725 which is $194.69 per sq. ft. of living area. 

There are no condos currently under contract. 

In the past 12 months, 8 Banyan House condos have sold.  Sales prices ranged from $170,000 up to $309,000. This is an average sales price of $244,500 which works out to $178.47 per sq. ft. of living area.  These condos averaged 13 days on the market before going under contract and sold for an average of 98% of the list price.

Click here to view previous Banyan House market reports.

About the Banyan House Condos in Stuart FL:

Banyan House in Stuart Florida
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Banyan House condos for sale:

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

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

Recent sales in Banyan House:

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

Banyan House Condos in Stuart FL

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

Banyan House Condos in Stuart FL

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

Recent market reports:

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

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

Banyan House Stuart FL March 2022 Market Report

St Lucie County Townhouses and Condos February 2022 Market Report

03.23.22 by

St Lucie County Townhouses and Condos February 2022 Market Report

The St Lucie County Townhouses and Condos market had slightly weaker sales activity when compared to last February. Until the unprecedented low inventory levels ease, I don’t expect much-improved sales activity. People can’t buy what doesn’t exist! Closed sales were down by 3.0% from last year (were up by 1.0% in January). New pending sales were down by 25.1% for February(they were down by 4.8% last month).

Prices continued to rise in February. The median price increased by 11.8% from last year (was down by 7.2% in January) and the average sales price increased by 24.4% (was up by 21.7% in January).

The inventory of available townhouses and condos increased by 5 units from last month to 141 residences. This is 50.0% less inventory than we had in February 2021. The current inventory supply is 1.1 months, as compared to 2.5 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 February 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 February 2022 Market Report

Islesworth in Palm City FL March 2022 Market Report

03.23.22 by

Islesworth in Palm City FL March 2022 Market Report

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

There are 2 homes currently under contract. List prices were $600,000 and $775,000. This is an average list price of $687,500 which is $248.67 per square foot of living area. These homes were on the market for an average of 2 days before going under contract.

In the past 12 months, 6 Islesworth homes have sold.  Sales prices ranged from $540,000 up to $680,000.  This is an average sales price of $633,500 which works out to $219.69 per square foot of living area. These homes averaged 32 days on the market prior to going under contract and sold for 100% of the list price.

Click here to view previous Islesworth market reports.

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 in Palm City FL March 2022 Market Report

St Lucie County Single Family Homes February 2022 Market Report

03.22.22 by

St Lucie County Single Family Homes February 2022 Market Report

The February 2022 St Lucie County Single Family Home market had improved sales activity when compared to last year. This is pretty impressive when you consider the extremely low inventory of available homes available for purchase as well as the results of other surrounding counties. Closed sales were up by 22.0% for the month compared to last year (in January they were up by 15.6%). New sales under contract (new pending sales) decreased by 5.9% (they were up by 3.8% last month).

Prices were up in February.  The median sales price was up by 27.3% (was up by 30.0% in January).  The average sales price was up by 24.0% (it was up by 29.7% in January).

The number of available home listings increased by 16 homes to 595.  This inventory is 32.6% less than last year.  The current supply of homes is only 1.0 months (it was 1.7 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 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 February 2022 Market Report

Castle Hill Real Estate Market Report March 2022

03.22.22 by

Castle Hill Real Estate Market Report March 2022

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

There are also no homes currently under contract.

In the past 12 months, 5 Castle Hill homes have sold.  Sales prices ranged from $1,260,000 up to $3,725,000.  This equals an average sales price of $2,336,000 which is $518.27 per sq. ft. of living area.  These homes were on the market for an average of 29 days prior to going under contract and sold for an average of 97% 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:

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

Castle Hill in Sewalls Point Florida

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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 March 2022

Martin County Townhouses and Condos February 2022 Market Report

03.21.22 by

Martin County Townhouses and Condos February 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last February. This is quite surprising considering the extremely low inventory of available homes. Closed sales for the month were down by 10.7%.  They were up by 23.6% in January.  New sales under contract (new pending sales) were down by 25.0% from last year.  They were down by 28.7% in January.

Prices continued to rise for February.  The median sales price increased by 28.3% (was up by 18.5% last month). While the average sales price increased by 40.9% (was up by 27.4% in January).

The inventory of available townhouses and condos increased by 14 units to 107 properties.  This is a 57.5% smaller supply of inventory than we had in February 2021.  Currently, there’s a 0.9 months supply of inventory (compared to 2.5 months for February 2022).  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 January 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 February 2022 Market Report

Vista Pines March 2022 Market Report

03.21.22 by

Vista Pines March 2022 Market Report

For March 2022, there are no condos available for sale in Vista Pines in Stuart FL.

There are 7 condos currently under contract and awaiting settlement.  The list prices ranged from $107,500 up to $176,000.  This is an average list price of $140,171 which is $148.48 per sq. ft. of living area.   This condo was on the market for 4 days before going under contract.

In the past 12 months, there have been 23 Vista Pines condo sales.  Sales prices ranged from $77,000 up to $166,988.  This works out to an average sales price of $106,016 which equals $122.57 per sq. ft. of living area.  These sales averaged 99% of the list price and averaged 24 days on the market prior to going under contract.

Click here to view previous Vista Pines market reports.

About Vista Pines in Stuart FL:

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

Recent Vista Pines sales:

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

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

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

Search for currently available condos in Vista Pines

Recent market reports:

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

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

Martin County Single Family Homes February 2022 Market Report

03.20.22 by

Martin County Single Family Homes February 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last February. We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were down by 19.8% from last year (were down by 18.4% in January).  While new pending sales decreased by 35.5% as compared to last year (decreased by 31.9% last month).

Prices were up for February.  The median sales price increased from last year by 24.4% (it was up by 16.3% in January) while the average sales price increased by 40.8% (up by 42.1% last month).

The inventory of available single-family homes increased by 26 homes from last month to 178 homes. This is 49.1% less inventory than last February.  The current supply of homes is 0.8 months.  For February of last year, it was a 1.5 months 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 February 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 February 2022 Market Report

Emerald Lakes Stuart FL March 2022 Market Report

03.20.22 by

Emerald Lakes Stuart FL March 2022 Market Report

For March 2022, there is only 1 townhome for sale in Emerald Lakes in Stuart FL.  The list price is $275,000 which equals $213.51 per sq. ft. of living area.

There are 3 homes currently under contract. List prices ranged from $275,000 up to $399,000. This is an average list price of $319,667 which is $210.05 per sq. ft. of living area. These homes and townhomes averaged 6 days on the market before going under contract.

In the past 12 months, there have been 33 Emerald Lakes sales.  Sales prices ranged from $205,000 up to $344,000.  This works out to an average sales price of $247,295 or $179.52 per sq. ft. of living space.  These sales averaged 99% of the list price and were on the market for an average of 14 days before going under contract.

Click here to view previous Emerald Lakes market reports.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart Florida
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Emerald Lakes homes for sale:

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

Emerald Lakes in Stuart Florida

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

Recent Emerald Lakes sales:

 

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

 

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

Emerald Lakes Town Homes and Villas in Stuart FL

Currently Available Homes and Town Homes in Emerald Lakes

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

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

Emerald Lakes Stuart FL March 2022 Market Report

Florida Townhouses and Condos February 2022 Market Report

03.19.22 by

Florida Townhouses and Condos February 2022 Market Report

Florida Townhouses and Condos showed slightly slower sales activity when compared to last year. We need to be aware that we remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  This will most likely continue in the near future until inventory levels begin to rise. Closed sales were down by 3.6% as compared to last month’s increase of 6.7%.  New sales under contract (new pending sales) decreased by 17.1% (In January, a 7.3% decrease).

Prices continued to rise in February.  The median sales price was up by 24.3% (was up by 23.9% in January). While the average sales price increased by 19.0% (was up 19.6% in January).

The inventory of active listings decreased by 55.7% from February of last year.  This results in 1.2 months supply of inventory as compared to 3.4 months for February 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 February 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 February 2022 Market Report

Southwood Real Estate March 2022 Market Report

03.19.22 by

Southwood Real Estate March 2022 Market Report

For March 2022, there are no homes for sale in the Southwood community of Stuart, FL.

There are also no homes currently under contract.

In the past 12 months, 5 Southwood homes have sold.  The sales prices ranged from $455,000 up to $602,500.  This is an average sales price of $513,125 which works out to $253.08 per sq. ft. of living area.  These homes went under contract in an average of 13 days.  And, these homes sold for an average of 102% of the last list price.

Click here to view previous Southwood market reports.

About Southwood in Stuart, FL:

Southwood in Stuart FL
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Southwood homes for sale:

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

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

Recent Southwood home sales:

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

Entrance to Southwood of Stuart FL

The Southwood Community

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

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

Click here to see if any Southwood Homes are currently available

Recent market reports:

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

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

Southwood Real Estate March 2022 Market Report

Florida Single Family Homes February 2022 Market Report

03.18.22 by

Florida Single Family Homes February 2022 Market Report

The Florida Single Family Home market activity had slightly lower sales volume compared to last February.  We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  I don’t really see any quick turnaround until the inventory starts to increase. Closed sales were down by 1.2% (were up by 1.4% in January). New sales under contract (new pending sales) were down by 12.6% (were down by 9.4% in January).

Prices continue to rise.  The median sales price rose by 21.1% (it was up by 23.0% in January). And, the average sales price was up by 16.9% (it was up by 16.7% last month).

The inventory of available homes for sale decreased by 24.1% from last year.  This represents only a 0.9 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (February 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 February 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 February 2022 Market Report

 

Bayview Condos Indian River Plantation March 2022 Market Report

03.18.22 by

Bayview Condos Indian River Plantation March 2022 Market Report

For March 2022, there are no condos available for sale in the Bayview condos in Indian River Plantation on Hutchinson Island in Stuart FL.

There are 2 condos currently under contract and awaiting settlement.  The list prices were $594,900 and $1,300,000. This works out to an average list price of $947,450 or $525.28 per sq. ft. of living area.  These condos were on the market for an average of only 4 days before going under contract.

In the past 12 months, 4 Bayview condos have sold. The sales prices ranged from $615,000 up to $1,175,000.  The average sales price was $790,000 which equals $425.48 per sq. ft. of living area.  Sales prices averaged 98% of the list price. And, these condos were on the market for an average of 27 days before going under contract.

Click here for previous Bayview Condo market reports.

About the Bayview Condos on Hutchinson Island:

Bayview condos in Indian River Plantation on Hutchinson Island in Stuart FL
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Bayview Condos for Sale:

Bayview in Indian River Plantation is one of the newer condominium complexes on Hutchinson Island in Stuart Florida.  Bayview is a gated sub-complex of the Indian River Plantation Marriott Resort and consists of 4 semi-circular buildings totaling 129 3 bedroom, 3 bathroom and 2 bedroom, 2 bathroom condos.  Living space ranges from 2,105 sq. ft. to 1,204 sq. ft.

Bayview condos in Indian River Plantation on Hutchinson Island in Stuart FL
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Most units have sweeping views of the Intracoastal Waterway also known as the Indian River.   Great location only minutes away from the Saint Lucie Inlet.  For boaters, there’s a full-service Marina located on the grounds of the Indian River Plantation with slips available for lease.

Bayview condos in Indian River Plantation on Hutchinson Island in Stuart FL
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Bayview has a private heated pool and spa overlooking a lake as well as lovely manicured grounds for picnics or just a stroll by the water.  There’s also covered parking for all residents.

Bayview Condos in Indian River Plantation

Unit owners have the option of joining the Marriott Beach Club which allows access to an 18 hole golf course, another community pool and fitness center, professional tennis club and courts as well as access to a private beach resort on the shores of the Atlantic Ocean.

Search here for all available Bayview Condos for sale!

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

Recent market reports:

Bayview Condos Indian River Plantation March 2022 Market Report

Oak Ridge Real Estate Market Report March 2022

03.17.22 by

Oak Ridge Real Estate Market Report March 2022

For March 2022, there are no homes available for sale in Oak Ridge in Palm City, FL.

There are 2 homes currently under contract and awaiting settlement.  List prices were $525,000 and $799,000. This is an average list price of $662,000 or $314.80 per sq. ft. of living area.  These homes were on the market for an average of 24 days before going under contract.

13 Oak Ridge homes have sold in the past 12 months.  Sale prices ranged from $450,000 up to $680,000.  The average sales price was $555,838 which equals $244.08 per sq. ft. of living area.  These homes went under contract in an average of 34 days and sold for an average of 100 % of the list price.

Click here for previous Oak Ridge market reports.

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 March 2022

Sugar Hill Jensen Beach March 2022 Market Report

03.16.22 by

Sugar Hill Jensen Beach March 2022 Market Report

As of March 2022, there are no homes on the market in Sugar Hill in Jensen Beach, FL.

There are also no Sugar Hill homes under contract and awaiting settlement.

There have been 6 Sugar Hill homes sold in the past 12 months.  Sales prices ranged from $625,000 up to $1,350,000.  This works out to an average sales price of $843,667 which is $253.24 per sq. ft. of living area.  Sales averaged 98% of the list price and averaged 52 days on market prior to going under contract.

Click here to view previous Sugar Hill market reports.

About Sugar Hill in Jensen Beach Florida:

Sugar Hill in Jensen Beach Florida
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Sugar Hill homes for sale:

Sugar Hill in Jensen Beach is an eye-pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded by gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill in Jensen Beach Florida
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Sugar Hill has very reasonable HOA fees.

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Recent Sugar Hill sales:

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.

Sugar Hill Jensen Beach March 2022 Market Report

Cobblestone Country Club March 2022 Market Report

03.15.22 by

Cobblestone Country Club March 2022 Market Report

For March 2022, there are 3 homes for sale in the Cobblestone Country Club of Palm City, FL.  List prices range from $875,000 up to $1,550,000. The average list price equals $1,301,667 which is $356.40 per sq. ft. of living area.

There are 3 homes currently under contract and awaiting sale. The list prices ranged from $855,000 up to $1,599,000. This equals an average list price of $1,109,667 or $321.23 per sq. ft. of living area.   These homes were on the market for an average of 9 days before going under contract.

In the past 12 months, 21 Cobblestone Country Club homes have sold.  Sale prices ranged from $497,000 up to $1,550,000. This is an average sale price of $799,438 which equals $236.96 per sq. ft. of living area. These homes sold for an average of 98% of the list price and went under contract in an average of 42 days after being listed.

View past Cobblestone Market Reports

About Cobblestone in Palm City:

Cobblestone in Palm City Florida
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Cobblestone in Palm City Florida
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Located just west of the center of Palm City, Cobblestone Country Club is a peaceful neighborhood of 512 acres with only 238 residences providing generous amounts of space around each home. This upscale community is adjacent to exit 110 on I-95 with easy access to all that Palm Beach County to the South and Orlando to the North, has to offer while enjoying the laid-back low growth lifestyle, lower taxes and superior school systems that Martin County offers. Residents enjoy coming home to picturesque views of lakes, preserves and the 18-hole private Fox Golf Course in the Cobblestone Country Club. Homes in Cobblestone consist of new custom-built homes and a selection of quality newer resales.

Recently sold Cobblestone homes:

There are 232 homes and homesites in Cobblestone.  All homes are on a half-acre or larger lots and homes range from over 5,000 sq. ft. estate homes down to a small 1,377 sq. ft. 2 Bedroom, 2 Bath home.  Though the larger homes predominate in this upscale gated golf course community.  Homes were built from 1990 to 2011 and there are many vacant lots still available for sale on occasion.  HOA fees are a very reasonable $125 per month.

Cobblestone in Palm City Florida
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Search for Cobblestone Country Club 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.

Cobblestone Country Club March 2022 Market Report