Martin County Townhouses and Condos Sales 2021 Yearly Review

Martin County Townhouses and Condos Sales 2021 Yearly Review

The Martin County Townhouses and Condos Sales for 2021 showed stronger sales activity when compared to 2020.   Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 14.3% as compared to 2020 which were up by 10.5% and new sales under contract (new pending sales) increased by 15.1% (2020 saw an increase of 15.7%).

Martin County Townhouse and Condo Sales 2021 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 18.3% and 27.1% respectively (2020 numbers were 12.5% and 13.0%).  Stronger than the increases of the previous year.

Inventory decreased by 73.4% as compared to 2020’s decrease of 25.1%. And the supply of inventory dropped to 0.7 months as compared to 2.9 months for 2020.  Even a stronger seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2021 Yearly Review

Here are the previous Martin County yearly reviews!

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.

Whispering Sound Palm City February 2022 Real Estate Market Report

Whispering Sound Palm City February 2022 Real Estate Market Report

 As of February 2022, there are no homes available for sale in Whispering Sound in Palm City, FL

There is 1 Whispering Sound home currently under contract.  The list price was $335,000 or $202.17 per sq. ft. of living area.  This home was on the market for 31 days before going under contract.

In the past 12 months, 9 homes have sold in Whispering Sound. Sales prices ranged from a low of $270,000 to a high of $335,000.  This works out to an average sales price of $300,222 which equals $189.53 per sq. ft. of living area.  These sales prices averaged 100% of the list price and went under contract in an average of 30 days after going on the market.

Click here to view recent Whispering Sound market reports!

About Whispering Sound in Palm City FL:

Whispering Sound in Palm City FL
Image courtesy of Google Earth

View Whispering Sound homes for sale:

Whispering Sound is a gated age-restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two-car or one-car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

Recent Whispering Sound sales:

This active 55+ community boasts of an active clubhouse with a heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

Search for all Whispering Sound 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.

Palm City Real Estate is presented by:
the Gabe Sanders realty team

Whispering Sound Palm City February 2022 Real Estate Market Report

Martin County Single Family Home Sales 2021 Yearly Review

Martin County Single Family Home Sales 2021 Yearly Review

The Martin County Single Family Home Sales for 2021 as reported by Florida Realtors showed slightly stronger sales activity when compared to 2020.  Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 5.4% (were up by 10.5% in 2020) and new sales under contract (new pending sales) decreased by 1.9% (was up by 17.7% in 2020).

Martin County Single Family Home Sales 2020 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2020 to 2021) by 19.9% and 35.9% respectively.  This rate while positive is not as high as last year which was 3.4% and 7.8% respectively in 2020.

The inventory of available homes for sale decreased by 64.3% from 2020.  While the monthly supply of homes decreased to 0.8 months. A very strong seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2021 Yearly Review

Click here to view previous Martin County yearly reviews!

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

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

Martin County Single Family Home Sales 2020 Yearly Review

Foxwood February 2022 Real Estate Market Report

Foxwood February 2022 Real Estate Market Report

For February 2022, there are no homes listed for sale in the Foxwood community in Stuart FL.

There is 1 Foxwood home currently under contract. The list price was $989,000 which is $247.25 per sq. ft. of living area. This home was on the market for 9 days before going under contract.

In the past 12 months, 4 homes have sold in this much sought-after Stuart community.  Sales prices ranged from $775,000 up to $900,000.  This works out to an average sales price of $843,750 which equals $277.59 per sq. ft. of living area.  These sales took an average of 28 days on the market before going under contract and sold for 99% of list price.

Click here to view recent Foxwood market reports!

About Foxwood Equestrian Community in Stuart FL:

Foxwood
Foxwood homes for sale:

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Equestrian owners can enjoy having horses on their property with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Interestingly, every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place. 

Foxwood Equestrian Community in Martin County Florida

Association fees are a very reasonable $35 per month.  These fees cover maintenance of the private roads, sanitation and management fees.  You can find more information about the Foxwood Property Association can be found at this community’s property association website: Foxwood Property Association of Stuart Florida

Construction of homes in Foxwood began in 1978.  Four phases of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Recently sold in Foxwood:

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

Foxwood Equestrian Community in Martin County Florida

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

Images courtesy of Google Earth

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.

For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood February 2022 Real Estate Market Report

Florida Townhouses and Condos Sales 2021 Yearly Review

Florida Townhouses and Condos Sales 2021 Yearly Review

The Florida Townhouses and Condos Sales for 2021 showed stronger sales results from last year.  Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 34.2% as compared to 2020 which saw an increase of 2.5% and new sales under contract (new pending sales) increased by 29.2% (2020 saw an increase of 6.2%).

Florida Townhouse and Condo Sales 2021 Yearly Review
Click the image to view the full report

Both median and average sales prices were up (year to year) by 17.2% and 26.4% respectively (2020 numbers were 12.0% and 10.9%).  A considerably higher rate of increase than for the previous year.

Inventory decreased by 57.4% as compared to 2020’s decrease of 18.3%. And, the supply of properties dropped to 1.3 months as compared to 4.2 months for 2020.  Remaining in a sellers’ market for Florida townhouses and condos.

 Click here to view or download the full report: 
Townhouses and Condos Sales in Florida for 2021

View previous Florida Townhouses and Condos Yearly Reviews Here!

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

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

Florida Townhouses and Condos Sales 2021 Yearly Review

Harbour Pointe February 2022 Market Report

Harbour Pointe February 2022 Market Report

For February 2022, there are no homes for sale in Harbour Pointe in Palm City FL.

There are also no homes in Harbour Pointe currently under contract.

14 Harbour Pointe homes have sold in the past 12 months with sales prices ranging from $410,000 up to $660,000.  This is an average sales price of $525,161 which is $234.46 per square foot of living area.  These homes sold for an average of 101% list price and averaged 23 days on the market before going under contract.

Click here to view recent Harbour Pointe market reports!

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL
Image courtesy of Google Earth

Harbour Pointe homes for sale:

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake views in spacious custom-designed homes.

Recent Harbour Pointe sales:

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe in Palm City Entrance

Currently Available Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe February 2022 Market Report

 

Florida Single Family Home Sales 2021 Yearly Review

Florida Single Family Home Sales 2021 Yearly Review

The Florida Single Family Home Sales for 2021 as reported by Florida Realtors shows that this last year continued the positive momentum with an improved rate from the previous year. However, most of the improved results were during the year’s first half. In the late summer and fall, the market experienced an unprecedented shortage of homes for sale which negatively affected sales volume. Year-to-year closed sales were up by 12.9% (up by 5.8% in 2020) and new sales under contract (new pending sales) increased by 5.7% (up by 9.2% in 2020).

Both median and average sales prices were up (2020 to 2021) by 20.0% and 25.8% respectively.   These numbers were 9.6% and 15.8% respectively for 2021.

The inventory of available homes for sale decreased by 33.7% from 2020.  While the month’s supply of homes decreased to 1.0 months.  Indicating that Florida single-family homes remain in a strong seller’s market.

Click here to view or download the full report:
2022 Florida Single Family Home Sales Review

View previous Florida Single Family Home Yearly Reviews

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 Home Sales 2021 Yearly Review

Loblolly Hobe Sound February 2022 Market Report

Loblolly Hobe Sound February 2022 Market Report

For February 2022, in the Loblolly golf and marina community in Hobe Sound FL, there are no homes for sale.

There are 2 homes under contract at this time. The list prices were $1,530,000 and $2,200,000. This is an average list price of $1,865,000 or $537.68 per sq. ft. of living area. These homes were on the market for an average of 54 days before going under contract.

In the past 12 months, there have been 21 sales in Loblolly Bay. Sales prices ranged from $740,000 up to $3,400,000. This works out to an average sales price of $1,983,238 which equals $493.28 per sq. ft. of living area. These homes sold for an average of 98% of the list price and were on the market for an average of 55 days before going under contract.

Click here to view recent Loblolly market reports!

About Loblolly Homes and Condos in Hobe Sound FL:

Loblolly Bay in Hobe Sound FL

Loblolly homes and condos:

Loblolly in Hobe Sound is a private community and club that features a deep water ocean access marina along with a professional Dye designed golf course.   In addition to the golf course and the marina, Loblolly offers wonderful amenities for their 275 members, including a state-of-the-art tennis facility, fitness center, two heated pools, playgrounds, basketball and croquet courts as well as a full-service clubhouse.

Loblolly Homes and Condos in Hobe Sound Florida
Google Earth Image

Homes in Loblolly range in price from the mid $500,000’s up to multi-million dollar estates.  In addition, condominiums, as well as villas and cottages, are available along with a limited number of vacant lots.

Recently sold in Loblolly:

Loblolly HOA fees run from $411.00 per month (as of June 2020) with additional charges for the Golf Course membership and equity.  For the Loblolly condos, there are additional condo fees of $1,335.00 a month.

Loblolly Homes and Condos in Hobe Sound Florida
Google Earth Image

Search Loblolly Homes and 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.

Loblolly Hobe Sound February 2022 Market Report

St. Lucie County Townhouses and Condos 2021 4th Quarter Report

St. Lucie County Townhouses and Condos 2021 4th Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2nd Quarter 2021.

St. Lucie County Townhouses and Condos 2021 4th Quarter Report

For the 4th quarter of 2021, the Saint Lucie Count townhouses and condo real estate market had weaker sales volume when compared to the 4th quarter of 2020.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2021 4th Quarter Report

St. Lucie County Single Family Homes 2021 4th Quarter Report

St. Lucie County Single Family Homes 2021 4th Quarter Report

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

St. Lucie County Single Family Homes 2021 4th Quarter Report

Unlike most other areas in our market, the St. Lucie County single-family home real estate market had an improved sales volume when compared to the 4th quarter of 2020.   These sales results are quite remarkable considering the current unprecedented low inventory. There is very active new home construction in place in Saint Lucie County which is probably why we have these positive results. Prices were also higher this period with very large gains. We are expecting the low inventory to affect future sales volume for the near future.

To view, the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Egret Pond January 2022 Real Estate Market Report

Egret Pond January 2022 Real Estate Market Report

As of January 2022, there are no homes on the market in the Egret Pond community of the Martin Downs Country Club of Palm City FL.

There are also no homes currently under contract in Egret Pond.

In the past 12 months, there have been 5 homes sold in this Martin Downs community. Sales prices ranged from $259,900 up to $325,000.  This works out to an average sales price of $296,180 which equals $175.70 per square foot of living area. Notably, these homes were on the market for an average of 13 days before going under contract. And, they sold for an average of 100% of the list price.

Click here to view recent Egret Pond market reports!

About Egret Pond in Martin Downs:

Egret Pond in the Martin Downs Country Club in Palm City Florida
Google Earth image

Egret Pond homes for sale:

Egret Pond in the Martin Downs Country Club in Palm City Florida
Google Earth image

These are all concrete block construction homes with flat cement tile roofs. The HOA fees include landscaping and lawn maintenance, basic cable TV, a reserve fund for the common areas, exterior painting, and security. The Martin Downs Country Club area is a guard gated community with roving security patrols as needed.

Recent sales in Egret Pond:

All ages are welcomed and pets are also allowed in this popular community. Children are currently zoned to attend the Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

Additionally, Egret Pond is very conveniently located close to Florida’s Turnpike for those looking to travel to parts north or south. So, this is a very affordable and excellent choice for those looking for a home within the Palm City area of Martin County.

Egret Pond in Martin Downs

Click here to see the available Egret Pond homes for sale in Palm City FL

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.

Egret Pond January 2022 Real Estate Market Report

Martin County Townhouses and Condos 2021 4th Quarter Report

Martin County Townhouses and Condos 2021 4th Quarter Report

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

Martin County Townhouses and Condos 2021 4th Quarter Report

For Martin County townhouses and condos the sales volume declined in the 4th quarter of 2021 when compared to the same period last year. This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2021 4th Quarter Report

Rio Vista in Sewalls Point January 2022 Market Report

Rio Vista in Sewalls Point January 2022 Market Report

As of January 2022, there is only 1 Rio Vista home for sale in Sewalls Point. The list price is $645,000 or $391.86 per square foot of living area.

There are 2 Rio Vista homes under contract at this time.  List prices were $1,299,000 and $5,300,000.  This is an average list price of $3,299,500 which is $355.93 per square foot of living area.  These homes averaged 378 days on the market before going under contract.

In the past 12 months, 8 Rio Vista homes have sold. Sales prices ranged from $600,000 up to $825,000. This works out to an average sales price of $681,438 which equals $268.94 per square foot of living area. These homes averaged 27 days on market before going under contract and sold for an average of 97% of the list price.

Click here to view recent Rio Vista market reports!

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point Florida

Homes for sale in Sewalls Point:

Homes in Rio Vista were built from 1975 to some newer construction with one just being finished in 2015. Home sizes range from a low of around 1,500 sq. ft. with either 2 or 3 bedrooms and 2 baths all the way to a 15,000 sq. ft. mansion with 8 bedrooms and 15 bathrooms.

Recent Rio Vista sales:

There are no HOA fees in the Rio Vista neighborhood of Sewalls Point as it is within the town city limits.

Search here to search for any Rio Vista homes for sale in Sewalls Point

View all Sewalls 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.

Martin County Single Family Homes 2021 4th Quarter Report

Martin County Single Family Homes 2021 4th Quarter Report

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

Martin County Single Family Homes 2021 4th Quarter Report

The Martin County single-family home market had weaker sales volume when compared to the 4th quarter of 2020.   This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2021 4th Quarter Report

Pine Ridge Condos in Palm City January 2022 Market Report

Pine Ridge Condos in Palm City January 2022 Market Report

There are no condos for sale in Pine Ridge at Martin Downs in Palm City FL for January 2022.

There is only 1 condo currently under contract in Pine Ridge. The list price was $139,000 which is $167.47 per sq. ft. of living area. This condo was on the market for only 3 days before going under contract.

In the past 12 months, 15 condos have sold in Pine Ridge. Sales prices ranged from a low of $134,900 up to a high of $249,000.  This works out to an average sales price of $185,820 which equals $150.62 per sq. ft. of living area. These condos sold for an average of 100% of the list price and were on the market for an average of 11 days before going under contract.

Click here to view recent Pine Ridge market reports!

About the Pine Ridge Condos at Martin Downs:

Pine Ridge condos in Martin Downs in Palm City Florida
Google Earth image

Pine Ridge condos for sale:

Pine Ridge condos in Martin Downs in Palm City Florida
Google Earth image

Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas. There are numerous floor plans ranging from 3 bedroom, 2 bath units down to 1 bedroom, 1 bath condos. As a bonus, some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

Recently sold in Pine Ridge:

There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted. No trucks or motorcycles are allowed.

In conclusion, this is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City. Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.

Pine Ridge Condos in Palm City

Click this link to search for available Pine Ridge Condos for Sale

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

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

Pine Ridge Condos in Palm City January 2022 Market Report

Florida Townhouses and Condos 2021 4th Quarter Report

Florida Townhouses and Condos 2021 4th Quarter Report

Click the image below to view the 2021 4th Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 4th Quarter Report

Sales volume declined in the 4th quarter of 2021 when compared to the same period last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click on the image above or this link.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2021 4th Quarter Report

Martin Downs Country Club January 2022 Market Report

Martin Downs Country Club January 2022 Market Report

For January 2022, there is only 1 home for sale in the Martin Downs Country Club in Palm City FL.  The list price is $349,900 which works out to $235.15 per sq. ft. of living area.

There are 7 homes currently under contract. List prices ranged from $349,000 up to $985,000. This works out to an average list price of $511,557 which equals $237.07 per sq. ft. of living area. These homes averaged 40 days on the market before going under contract.

In the past 12 months, 75 properties have been sold in the Martin Downs Country Club. Sales prices ranged from $197,500 up to $1,380,000. This equals an average sales price of $433,821 or $197.38 per sq. ft. of living area. These homes averaged 21 days on the market before going under contract and sold for 99% of the list price.

Click here to view recent Martin Downs market reports!

About the Martin Downs Country Club:

Martin Downs Country Club in Palm City Florida
Google Earth image

Martin Downs Country Club homes for sale:

Osprey Creek in Martin Downs in Palm City Florida
Google Earth image

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Recent Martin Downs Country Club sales:

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums. Some of the communities within the Martin Downs Country Club include the Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Quail Meadow, Starling Court, and the Clubhouse Court Condos.

HOA fees and pet restrictions vary by community. For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Search here for all Martin Downs Real Estate 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.

Martin Downs Country Club January 2022 Market Report

Florida Single Family Homes 2021 4th Quarter Report

Florida Single Family Homes 2021 4th Quarter Report

Click the image below to view the full details of the 2021 4th quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 4th Quarter Report

For the 4th quarter of 2021, Florida single-family homes showed reduced sales activity when compared to last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view, the full report click the image above or this link.

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

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2021 4th Quarter Report

Hidden Bay in Palm City January 2022 Market Report

Hidden Bay January 2022 Market Report

As of January 2022, there is 1 home available for sale in Hidden Bay in Palm City FL. The list price is $1,800,000 which is $496.00 per sq. ft. of living area.

Also, there are no homes currently under contract.

In the past 12 months, only 1 home has sold in Hidden Bay. The sales price was $675,000 which is $280.78 per sq. ft. of living area. This home was on the market for 35 days before going under contract. The sales price was 97% of the list price.

Click here to view recent Hidden Bay market reports!

About the Hidden Bay community in Palm City FL:

Hidden Bay in Palm City Florida
Google Earth image

Homes for sale in the Hidden Bay area of Palm City FL:

This is a secluded private community in northern Palm City just off Murphy Road with a number of waterfront homes on Bessey Creek. There are just 30 homes in this community.  This is not gated and has no HOA fees nor any amenities of a homeowners’ association.

Hidden Bay in Palm City Florida
Google Earth image

The first home recorded in Hidden Bay was built in 1978 with the last one completed in 2013. There appears no more vacant lots for sale. There are 11 ocean access waterfront homes as well as 5 non-ocean access waterfront homes with the remaining homes not being waterfront in Hidden Bay.

Recent Hidden Bay sales:

Homes in Hidden Bay range from under 2,000 sq. ft. ranch homes to just under 5,000 sq. ft. two-story estate-style homes with up to 5 bedrooms and 4 bathrooms. Additionally, children are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

In conclusion, Hidden Bay represents one of the lesser know areas in Palm City. A true hidden gem.

Click here to see if any Hidden Bay Homes are available 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.

Hidden Bay January 2022 Market Report

St Lucie County Townhouses and Condos December 2021 Market Report

St Lucie County Townhouses and Condos December 2021 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last December. The unprecedented low inventory is the primary factor for these results. Closed sales were down by 20.3% from last year (were down by 20.5% in November). New pending sales were down by 19.8% for December (they were down by 24.3% last month).

Prices continued to rise in December. The median price increased by 5.5% from last year (was down by 4.0% in November) and the average sales price increased by 21.7% (was up by 7.5% in November).

The inventory of available townhouses and condos decreased by 23 units from last month to 146 residences. This is 54.2% less inventory than we had in December 2020. The current inventory supply is 1.1 months, as compared to 2.9 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 December 2021 Market 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 December 2021 Market Report