Search Results for: florida single family market report

Martin County Single Family Homes 2023 3rd Quarter Report

10.27.23 by

Martin County Single Family Homes 2023 3rd Quarter Report

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

Martin County Single Family Homes 2023 3rd Quarter Report

The Martin County single-family home real estate market is now showing weakness in the overall single-family home market. Prices were also slightly higher than last year. Inventory dropped for the first time in many months. However, sales remain quite active when compared to a normal market. The Martin County single-family real estate market remains in a strong seller’s market. I doubt that we will see any improvement in this market until rates begin to recede.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2023 3rd Quarter Report

Florida Single Family Homes 2023 3rd Quarter Report

10.25.23 by

Florida Single Family Homes 2023 3rd Quarter Report

Click the image below to view the full details of the 2023 3rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2023 3rd Quarter Report

For the 3rd quarter of 2023, Florida single-family homes continued the trend of reduced sales volume. Prices rose for this quarter, though at a much-reduced rate. Inventory is continuing to increase, but it is not bringing in more buyers to date mainly due to the currently high interest rates.  I doubt that we will see any improvement in this market until rates begin to recede.

Click here to view/download the full report

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

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2023 3rd Quarter Report

St Lucie County Townhouses and Condos September 2023 Market Report

10.24.23 by

St Lucie County Townhouses and Condos September 2023 Market Report

The St Lucie County Townhouses and Condos market showed slightly weaker sales activity when compared to last year. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were unchanged from last year (were up by 38.3% in August). New pending sales were down by 6.3% (they were up by 31.7% last month).

Prices were up for September. The median price increased by 14.5% from last year (was up by 18.2% in August) and the average sales price increased by 7.8% (was up by 13.9% % in August).

The available townhouses and condos inventory increased by 29 units from last month to 405 residences. This is a 68.8% greater inventory than we had in September 2022. The current inventory supply is 4.8 months, as compared to 2.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos September 2023 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 2023 Market Report

St Lucie County Single Family Homes September 2023 Market Report

10.23.23 by

St Lucie County Single Family Homes September 2023 Market Report

The September 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. The inventory of homes for sale decreased in September and we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 5.2% for the month compared to last year (in August they were down by 8.0%). New sales under contract (new pending sales) decreased by 1.8% (they were down by 11.4% last month).

Prices were up slightly for September when compared to last year.  The median sales price was up by 0.5% (was up by 1.3% in August).  The average sales price was up by 0.3% (it was up by 0.2% in August).

The number of available homes for sale increased by 97 homes to 1,408 units.  This inventory is 16.2% less than last year.  The current supply of homes is 3.0 months (it was 2.8 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes September 2023 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 2023 Market Report

Martin County Townhouses and Condos September 2023 Market Report

10.22.23 by

Martin County Townhouses and Condos September 2023 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were down by 15.5%.  They were up by 4.4% in August.  New sales under contract (new pending sales) were down by 10.4% from last year.  They were down by 19.2% in August.

Prices were mixed for September.  The median sales price decreased by 4.7% (was down by 4.4% last month). And, the average sales price increased by 1.1% (was up by 4.8% in August).

The available townhouses and condos inventory increased by 44 units to 335 properties.  This is a 54.4% greater supply of inventory than we had in September 2022.  Currently, there’s a 3.8-month supply of inventory (compared to 2.3 months for September 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Townhouses and Condos September 2023 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 2023 Market Report

Martin County Single Family Homes September 2023 Market Report

10.21.23 by

Martin County Single Family Homes September 2023 Market Report

The Martin County Single Family Homes Market Report showed weaker closed activity compared to last year. As we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. The inventory of available homes for sale declined for the second month in a row. Closed sales were down by 10.0% from last year (they were down by 12.3% in August). At the same time, new pending sales increased by 24.2% compared to last year (which decreased by 15.7% last month).

Prices were mixed for September as compared to last year.  The median sales price increased from last year by 4.8% (down by 12.9% in August) while the average sales price decreased by 5.3% (down by 7.8% last month).

The inventory of available single-family homes decreased by 1 home to 461. This is a 5.1% smaller inventory than last September.  The current supply of homes is 2.9 months.  For September of last year, it was 2.7 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Single Family Homes September 2023 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 September 2023 Market Report

Florida Townhouses and Condos September 2023 Market Report

10.20.23 by

Florida Townhouses and Condos September 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 0.2% compared to last month’s decrease of 7.2%.  New sales under contract (new pending sales) decreased by 0.6% (In August, there was a 11.0% decrease).

Prices were up for September compared to last year. The median sales price was up by 5.8% for September (was up by 6.2% in August). And the average sales price increased by 4.7% (was up by 10.8% in August).

The inventory of active listings increased by 36.4% from September last year.  This results in a 4.1-month supply of inventory as compared to 2.3 months for September 2022.  We remain 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.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos September 2023 Market Report
Florida Townhouses and Condos September 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

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

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

Florida Townhouses and Condos September 2023 Market Report

St Lucie County Townhouses and Condos August 2023 Market Report

09.26.23 by

St Lucie County Townhouses and Condos August 2023 Market Report

The St Lucie County Townhouses and Condos market showed improved sales activity when compared to last year. This is one of the few market segments with some encouraging sales activity, as we continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 38.3% from last year (were down by 7.1% in July). New pending sales were up by 31.7% (they were up by 20.4% last month).

Prices were up for August. The median price increased by 18.2% from last year (was down by 9.5% in July) and the average sales price increased by 13.9% (was up by 1.2% in July).

The available townhouses and condos inventory increased by 3 units from last month to 376 residences. This is a 64.9% greater inventory than we had in August 2022. The current inventory supply is 4.4 months, as compared to 2.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos August 2023 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos August 2023 Market Report

St Lucie County Single Family Homes August 2023 Market Report

09.25.23 by

St Lucie County Single Family Homes August 2023 Market Report

The August 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. The inventory of homes for sale decreased in August and we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 8.0% for the month compared to last year (in July they were down by 8.4%). New sales under contract (new pending sales) decreased by 11.4% (they were down by 3.5% last month).

Prices were up slightly for August when compared to last year.  The median sales price was down by 1.3% (was down by 1.8% in July).  The average sales price was up by 0.2% (it was up by 0.1% in July).

The number of available homes for sale increased by 92 homes to 1,311 units.  This inventory is 13.2% less than last year.  The current supply of homes is 2.7 months (it was 2.7 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes August 2023 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes August 2023 Market Report

Martin County Townhouses and Condos August 2023 Market Report

09.24.23 by

Martin County Townhouses and Condos August 2023 Market Report

The Martin County Townhouses and Condos real estate market showed slightly improved closed activity when compared to last year. Even as we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 4.4%.  They were up by 30.8% in July.  New sales under contract (new pending sales) were down by 19.2% from last year.  They were up by 2.2% in July.

Prices were mixed for August.  The median sales price decreased by 4.4% (was up by 2.9% last month). And, the average sales price increased by 4.8% (was up by 42.1% in July).

The available townhouses and condos inventory increased by 11 units to 291 properties.  This is a 55.0% greater supply of inventory than we had in August 2022.  Currently, there’s a 3.3-month supply of inventory (compared to 2.1 months for August 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Townhouses and Condos August 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos August 2023 Market Report

Martin County Single Family Homes August 2023 Market Report

09.23.23 by

Martin County Single Family Homes August 2023 Market Report

The Martin County Single Family Homes Market Report showed weaker closed activity compared to last year. As we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Even the inventory declined for August. This is the first decline in over a year. Closed sales were down by 12.3% from last year (they were up by 25.0% in July). At the same time, new pending sales decreased by 15.7% compared to last year (which decreased by 6.4% last month).

Prices were down for August as compared to last year.  The median sales price decreased from last year by 12.9% (up by 8.0% in July) while the average sales price decreased by 7.8% (up by 44.0% last month).

The inventory of available single-family homes decreased by 11 homes to 462. This is a 5.7% smaller inventory than last August.  The current supply of homes is 2.9 months.  For August of last year, it was 2.6 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Single Family Homes August 2023 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 2023 Market Report

Florida Townhouses and Condos August 2023 Market Report

09.22.23 by

Florida Townhouses and Condos August 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.2% compared to last month’s decrease of 9.4%.  New sales under contract (new pending sales) decreased by 11.0% (In July, there was a 4.8% decrease).

Prices were up for August compared to last year. The median sales price was up by 6.2% for August (was up by 4.6% in July). And the average sales price increased by 10.8% (was up by 3.9% in July).

The inventory of active listings increased by 30.6% from August last year.  This results in a 3.8-month supply of inventory as compared to 2.2 months for August 2022.  We remain 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.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos August 2023 Market Report
Florida Townhouses and Condos August 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

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

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

Florida Townhouses and Condos August 2023 Market Report

The Meadows Real Estate Market Report September 2023

09.18.23 by

The Meadows Real Estate Market Report September 2023

There are currently 8 homes for sale in the Meadows in Palm City FL.  The list prices range from $394,800 up to $530,000.  This is an average list price of $467,200 which equals $269.03 per sq. ft. of living area.

There are 10 Meadows homes currently under contract.  These homes had list prices ranging from $280,000 up to $509,999.  This is an average list price of $401,289 which is $266.94 per sq. ft. of living area.  These homes averaged only 54 days on the market before going under contract.

In the past 12 months, there have been 47 Meadows home sales.  Sales prices ranged from a low of $274,900 up to $620,000.  This is an average sales price of $397,029 or $250.99 per sq. ft. of living area.  These homes went under contract in an average of 56 days. And, they sold for an average of 97% 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
Google Earth image

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
Google Earth image

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, a 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
Google Earth image

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 Real Estate Market Report September 2023

Martins Crossing Real Estate Market Report September 2023

09.06.23 by

Martins Crossing Real Estate Market Report September 2023

For September 2023 there are 2 homes available for sale in Martins Crossing in Stuart FL.  The list prices are $529,900 and $675,000. This is an average list price of $602,450 which equals $240.88 per sq. ft. of living area.

There are 5 Martins Crossing homes currently under contract.  The list prices ranged from $300,000 to $625,000.  This equals an average list price of $418,160 which is $241.39 per sq. ft. of living area.  These homes went under contract in an average of 6 days.

In the past twelve months, 28 Martins Crossing homes have sold.  Sales prices ranged from a low of $295,000 to a high of $699,900.  This equals an average sales price of $447,707 which works out to $220.54 per sq. ft. of living area.  These homes sold at an average of 98% of the list price and went under contract in an average of 30 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
Google Earth image

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 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 in Stuart Florida
Google Earth image

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 in Stuart Florida
Google Earth image

Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping, and quick access to I-95.  All this in a wonderful ‘A-rated school system.

Recently sold Martins Crossings homes:

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Real Estate Market Report September 2023

St. Lucie County Single Family Homes 2023 2nd Quarter Report

09.02.23 by

St. Lucie County Single Family Homes 2023 2nd 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 2023 2nd Quarter Report

For the 4th quarter of 2022, the St Lucie County single-family home real estate market continued the trend of reduced sales volume. Prices also declined for the quarter.  But, high loan costs and a low inventory are keeping buyers at bay. I doubt we will see any improvement any time soon until interest rates start to decline.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2023 2nd Quarter Report

Martin County Single Family Homes 2023 2nd Quarter Report

08.31.23 by

Martin County Single Family Homes 2023 2nd Quarter Report

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

Martin County Single Family Homes 2023 2nd Quarter Report

The Martin County single-family home real estate market is bucking the state trend and had a small increase in closed sales as well as an increase in new pending sales. Prices were also slightly higher than last year. Inventory is also up, though the Martin County single-family real estate market remains in a strong seller’s market. I doubt that we will see any improvement in this market until rates begin to recede.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2023 2nd Quarter Report

Florida Single Family Homes 2023 2nd Quarter Report

08.29.23 by

Florida Single Family Homes 2023 2nd Quarter Report

Click the image below to view the full details of the 2023 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2023 2nd Quarter Report

For the 2nd quarter of 2023, Florida single-family homes continued the trend of reduced sales volume. Prices appear to have stopped rising and are mostly unchanged for this quarter. Inventory is continuing to increase, but it is not bringing in more buyers to date mainly due to the currently high interest rates.  I doubt that we will see any improvement in this market until rates begin to recede.

Click here to view/download the full report

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

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2023 2nd Quarter Report

Florida Townhouses and Condos July 2023 Market Report

08.28.23 by

Florida Townhouses and Condos July 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 9.4% compared to last month’s decrease of 11.0%.  New sales under contract (new pending sales) decreased by 4.8% (In June, there was an 3.6% decrease).

Prices were up slightly for July compared to last year. The median sales price was up by 4.6% for July (was unchanged at 0.0% in June). And the average sales price increased by 3.9% (was down 1.9% in June).

The inventory of active listings increased by 71.4% from July last year.  This results in 3.6 months supply of inventory as compared to 2.1 months for July 2022.  We remain 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.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos July 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

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

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

Florida Townhouses and Condos July 2023 Market Report

Duckwood Real Estate Market Report August 2023

08.27.23 by

Duckwood Real Estate Market Report August 2023

For August 2023, there are no homes for sale in the Duckwood community in Stuart FL.

There are 2 homes currently under contract. The list prices were $349,000 and $406,999. This works out to an average list price of $378,000 or $246.97 per sq. ft. of living area. These homes were on the market for an average of 38 days before going under contract.

In the past 12 months, 7 Duckwood homes have sold.  Sales prices ranged from a low of $280,000 up to a high of $411,500.  This is an average sales price of $332,071 which works out to $212.72 per sq. ft. of living area.  These homes were on the market for an average of 86 days before going under contract. And, they sold for an average of 93% of the list price.

Click here to view the previous Duckwood market report!

 About Duckwood in Stuart FL:

Duckwood real estate in Stuart FL

Duckwood homes for sale:

The Duckwood community of Stuart FL is an active senior community in the southern part of unincorporated Stuart, just south of Cove Rd and west of US-1 (Federal Highway) adjacent to the Summerfield community and the Champions Golf Club.

Duckwood has 140 single family homes of various sizes and shapes ranging from just over 2,000 sq. ft. with 3 bedrooms and 2 bathrooms down to under 1,000 sq. ft. of living area with 2 bedrooms and 2 bathrooms.  Homes in Duckwood were built between 1986 and 1990.

Recently sold in Duckwood:

Duckwood is one of Stuart’s most sought-after 55+ communities! This community features a wonderful clubhouse on the lake with a community pool, billiard room, hobby shop, bocce ball & shuffleboard! Set among the tall pines, Duckwood offers the privacy & feel of country living, all within minutes of shopping, I-95 & the beaches! You will feel like you have stepped back in time with Duckwood’s neighborhood feel! This comes with a low HOA fee of $103 a month (as of July 2016).  Pets and rentals are permitted with some restrictions.

Duckwood real estate in Stuart FL

Click here to see if any Duckwood homes are available to purchase

Duckwood homes for sale in Stuart FL

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

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Duckwood Real Estate Market Report August 2023

St Lucie County Townhouses and Condos July 2023 Market Report

08.26.23 by

St Lucie County Townhouses and Condos July 2023 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year though there are some encouraging pending sales numbers as well as a nice increase in sales inventory. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.1% from last year (were down by 8.9% in June). New pending sales were up by 20.4% (they were up by 20.2% last month).

Prices were up for July. The median price decreased by 9.5% from last year (was up by 11.8% in June) and the average sales price increased by 1.2% (was up by 3.7% in June).

The available townhouses and condos inventory decreased by 22 units from last month to 373 residences. This is a 114.3% greater inventory than we had in July 2022. The current inventory supply is 4.5 months, as compared to 2.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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St Lucie County Townhouses and Condos July 2023 Market Report
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View previous St. Lucie County market reports here.

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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 July 2023 Market Report