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Martin County Townhouses and Condos November 2022 Market Report

12.26.22 by

Martin County Townhouses and Condos November 2022 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales for the month were down by 26.3%.  They were down by 4.9% in October.  New sales under contract (new pending sales) were down by 37.5% from last year.  They were down by 41.2% in October.

Year-to-year prices continue to go up at stubbornly high rates.  The median sales price increased by 42.5% (was up by 45.2% last month). While the average sales price increased by 13.1% (was up by 25.1% in October).

The inventory of available townhouses and condos increased by 41 units to 286 properties.  This is an 89.4% greater supply of inventory than we had in November 2021.  Currently, there’s a 3.0 months supply of inventory (compared to 1.3 months for November 2021).  We remain in a 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 November 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 November 2022 Market Report

Beachwood Villas Real Estate Market Report December 2022

12.26.22 by

Beachwood Villas Real Estate Market Report December 2022

For December 2022, there are no active listings in the Beachwood Villas of Hutchinson Island. 

And, no Beachwood Villas pending sales as of this time.

In the past 12 months, there have been only 2 Beachwood Villas sales. Sales prices were $545,000 and $639,000. This works out to an average sales price of $592,000 or $491.40 per sq. ft. of living area. These condos sold for an average of 95% of the list price. And, they averaged 64 days on market prior to going under contract.

Click here to view the previous Beachwood Villas market report!

About Beachwood Villas on Hutchinson Island in Stuart FL:

Beachwood Villas on Hutchinson Island in Stuart Florida
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Beachwood Villas condos for sale:

Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two-bedroom, two-bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Beachwood Villas on Hutchinson Island in Stuart Florida

Many units have direct oceanfront views and all of the condos have under-building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

Recent Beachwood Villas sales:

At the time of this writing management and condo fees are approximately $560 per month. Beachwood Villas is a pet-friendly community with two large dogs permitted for owners.

Beachwood Villas on Hutchinson Island in Stuart Florida

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

Beachwood Villas on Hutchinson Island in Stuart FL

Search here for all available Beachwood Villas for Sale

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

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.

Beachwood Villas Real Estate Market Report December 2022

Martin County Single Family Homes November 2022 Market Report

12.23.22 by

Martin County Single Family Homes November 2022 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices (though they did go down this month). Closed sales were down by 45.4% from last year (they were down by 36.2% in October). At the same time, new pending sales decreased by 36.7% compared to last year (which decreased by 38.1% last month).

Year-to-year prices were down for the month of November.  The median sales price decreased from last year by 4.0% (up by 14.8% in October) while the average sales price decreased by 7.0% (up by 42.1% last month).

The inventory of available single-family homes decreased by 1 unit from last month to 520. This is a 125.1% greater inventory than last November.  The current supply of homes is 3.1 months.  For November of last year, it was 1.0 months of supply.  We remain in a 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 November 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 November 2022 Market Report

Florida Townhouses and Condos November 2022 Market Report

12.22.22 by

Florida Townhouses and Condos November 2022 Market Report

Florida Townhouses and Condos market report continue to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 38.9% as compared to last month’s decrease of 26.9%.  New sales under contract (new pending sales) decreased by 42.1% (In October, there was a 42.5% decrease).

Year-to-year prices are still going up.  The median sales price was up by 12.3% (was up by 19.2% in October). While the average sales price increased by 10.1% (was up 17.6% in October).

The inventory of active listings increased by 47.4% from November of last year.  This results in 2.7 months’ supply of inventory as compared to 1.5 months for November 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 November 2022 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos November 2022 Market Report

Florida Single Family Homes November 2022 Market Report

12.21.22 by

Florida Single Family Homes November 2022 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 38.2% (were down by 24.6% in October). New sales under contract (new pending sales) were down by 36.8% (were down by 41.2% in October).

Prices are still going up.  The (year-to-year) median sales price rose by 9.6% (it was up by 12.0% in October). And, the average sales price was up by 5.5% (it was up by 13.2% last month).

The inventory of available homes for sale increased by 105.2% from last year.  This represents a 2.8 months supply of inventory. Florida remains in a seller’s market with a major advantage for sellers. (November 2021 had a 1.2 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 November 2022 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes November 2022 Market Report

 

Ocean View Condos Market Report December 2022

12.18.22 by

Ocean View Condos Market Report December 2022

For December 2022, there are 5 condos currently on the market in the Ocean View Condominiums on Hutchinson Island in Stuart FL. The list prices range from $525,000 up to $649,000. This equals an average list price of $602,580 which is $452.82 per sq. ft. of living area.

There is 1 Ocean View condo currently under contract. The list price was $545,000 which equals $379.79 per sq. ft. of living area. This condo was on the market for 21 days before going under contract.

In the past 12 months, 5 Ocean View condos have sold. Sales prices ranged from $435,000 up to $590,000. This works out to an average sales price of $522,380 or $375.94 per sq. ft. of living area. These condos sold for an average of 96% of the list price. And, they were on the market an average of 68 days prior to having an accepted offer.

Click here to view the previous Ocean View market report!

About the Ocean View Condos on Hutchinson Island:

Ocean View condos on Hutchinson Island in Stuart Florida
Google Earth image

Ocean View condos for sale:

Located on the unspoiled Barrier Island of Hutchinson Island in Stuart Florida in Martin County, the Ocean View Condominium complex consists of five separate condominium buildings. Two of which are on the ocean and the remaining three on the Intracoastal Waterway. Amenities include heated pools, docks available for sale or lease as well as tennis. All conveniently located between the Stuart and Jensen beach Causeways in beautiful Martin County, FL

Ocean View condos on Hutchinson Island in Stuart Florida

The Ocean View Condominium complex of Hutchinson Island is an Ocean to River community in Stuart FL just about equidistant from both the Stuart and Jensen Beach Causeways (about 2 miles). Ocean View Condos have five buildings. Two on the Oceanside and 3 on the Riverside. 2 pools, a tennis court, and a clubhouse with a kitchen.

Recent Ocean View sales:

Deeded docks with deep water ocean access on the riverside and covered parking on the Oceanside. This complex was completed between 1977 through 1979 and has mostly 2 bedroom, 2 bath condos ranging in size from 1,435 sq. ft. to 1,272 sq. ft. of air-conditioned living area. There are two penthouse units in the Oceanside buildings that are very large 3 bedroom 2 and ½ bathroom residences of 2,974 sq. ft. The condo association fees vary from $464.00 to $620.00 a month depending on the size and location of the condo.

Ocean View condos on Hutchinson Island in Stuart Florida
Search links:

Search for all Ocean View Condos on Hutchinson Island

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

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.

Ocean View Condos Market Report December 2022

Miramar Real Estate Market Report December 2022

12.14.22 by

Miramar Real Estate Market Report December 2022

This report includes all Miramar Buildings on Hutchinson Island in Jensen Beach Miramar, Miramar II, and Miramar Royale.

In December 2022, there are 2 Miramar condos on the market on Hutchinson Island. The list prices are $389,000 and $544,900. This is an average list price of $466,950 which works out to $404.64 per sq. ft. of living area.

There is 1 Miramar condo currently under contract. The list price was $729,000 which is $508.37 per sq. ft. of living area. This condo was on the market for 31 days before going under contract.

In the past 12 months, 10 Miramar condos have sold. Sales prices ranged from a low of $429,900 up to $799,000. This works out to an average sales price of $612,090 or $441.14 per sq. ft. of living area. These condos sold for an average of 96% of the list price. And, they went under contract in an average of 40 days after coming on the market.

Click here to view the previous Miramar market report!

About The Miramar Condos in Jensen Beach:

The Miramar condos of Hutchinson Island in Jensen Beach Florida
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Miramar condos for sale:

The Miramar Condo building is located north of the Jensen Beach Causeway and consists of one oceanfront 11-story building completed in 1981 and contains 62 condos. All the residences are 2 bedroom and 2 baths with units either having 1,264 or 1,154 sq. ft. of living area. The larger units are the corner condos.

The Miramar condos of Hutchinson Island in Jensen Beach Florida

Miramar has cousin condos located just to the north. These are the Miramar Royale and Miramar 2 buildings. Please click here to see these condos.

The Miramar has an oceanfront pool as well as a large first-floor social area with a kitchen and bar and fitness room. Current condo fees are $565 per month for the Miramar building and $665 per month for Miramar II. These fees cover Basic Cable, Common Areas, Elevator, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Pest Control, Pool Service, Recreational Facility, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water. Pets are not allowed in Miramar, but rentals with some minimum stay restrictions are allowed.

Let us know if you’d like to see some condos in Miramar.

Recent Miramar sales:

About The Miramar Royale & Miramar II Condos in Jensen Beach:

The Miramar Royale and Miramar II Condo buildings are located north of the Jensen Beach Causeway and consist of two oceanfront 20-story buildings. The Miramar II was completed in 1984 and the Miramar Royale was finished in 1990 and has the added benefit of 22 covered garages.

The Miramar condos of Hutchinson Island in Jensen Beach Florida

All the residences have 2 bathrooms and there are both 3 bedroom and 2 bedroom condos. Interior sizes range from 1,703 down to 1,411 sq. ft. of living area (under A.C.).

Just to the south of Miramar Royale and Miramar II is the original Miramar condo building. Please click here to see these condos.

The Miramar condos of Hutchinson Island in Jensen Beach Florida

There is a gated entrance with the following amenities: pool, table tennis, exercise room, sauna, billiards, social room, & grilling area Current condo fees (as of December 2019) range from $630 up to $670 per month, depending on the size and which building the condo is in. Pets are not allowed in the Miramar II but are welcomed in the Miramar Royale (under 30 lbs. only). Both buildings will allow rentals with some minimum stay restrictions.

Here are the currently available Miramar Royale and Miramar II Condos for sale

Here are the currently available Miramar Condos for sale

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

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

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

Miramar Real Estate Market Report December 2022

Claridge by the Sea Market Report December 2022

12.12.22 by

Claridge by the Sea Market Report December 2022

There are currently 2 luxury oceanfront condos for sale in Claridge by the Sea on Hutchinson Island in Jensen Beach FL. The list prices are both $2,250,00 which equals $733.14 per sq. ft. of living area.  These 2 units are adjacent and make up the entire 6th floor. opening up many opportunities for a unique luxury oceanfront condo.

No Claridge By the Sea condos are currently under contract.

There have been 4 Claridge By the Sea condo sales in the past 12 months.  The sales prices ranged from $1,950,000 up to $2,376,000. This equals an average sales price of $2,079,399 which is $677.55 per sq. ft. of living area.  These condos sold for an average of 97% of the list price. And, they were on the market for an average of 12 days before going under contract.

Click here to view the previous Claridge market report!

About Claridge by the Sea Luxury Condos in Jensen Beach:

Claridge by the Sea on Hutchinson Island in Jensen Beach Florida
Google Earth image

Claridge by the Sea condos for sale:

Claridge by the Sea on Hutchinson Island in Jensen Beach is the premier luxury condo building and also the newest in the area.  Completed in 2003, this 11-story building features only two spacious homes per floor.  Private elevators whisk you directly into your over 3,000 square foot home with 3 bedrooms, 4.5 bathrooms, and an office.  Each unit comes with spectacular balconies with gorgeous ocean views.  Each home comes with a private 2-car garage.

Claridge by the Sea on Hutchinson Island in Jensen Beach Florida

There’s an open clubhouse area and fitness center on the first floor and a heated pool and spa with private beach access.  There are two detached guest apartments that can be reserved for visiting guests by any of the building’s residents.

Recent Claridge by the Sea sales:

1 medium pet is allowed in Claridge by the Sea and rentals are also allowed with some restrictions.  The condo fees at this time are $1,500 per month.

Claridge by the Sea on Hutchinson Island in Jensen Beach Florida

For those with a desire to live in the ultimate luxurious space on Hutchinson Island in Jensen Beach, FL, Claridge by the Sea may just be the right one.

Click on this link to view any available Claridge by the Sea Condos for Sale

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

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

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

Claridge by the Sea Market Report December 2022

Ballantrae Real Estate Market Report December 2022

12.08.22 by

Ballantrae Real Estate Market Report December 2022

For December 2022, there are 5 homes for sale in the Ballantrae community in the Sandpiper area of Port St Lucie, FL.  The list prices range from $409,900 up to $2,250,000. This works out to an average list price of $930,980 which equals $328.33 per sq. ft. of living area.

There are 6 Ballantrae homes currently under contract which have not closed to date.  List prices ranged from $400,000 up to $859,000. This is an average list price of 614,500 or $262.86 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 22 Ballantrae home sales.  Sales prices ranged from a low of $388,900 up to $850,000.  This works out to an average sales price of $624,586 which works out to $261.19 per sq. ft. of living area.  These homes were on the market for an average of 22 days prior to going under contract and sold for an average of 99% of the list price.

Click here to view the previous Ballantrae market report!

About Ballantrae in Port St. Lucie:

Ballantrae in Port Saint Lucie Florida
Google Earth image

Ballantrae homes for sale:

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. On the North Fork of the Saint Lucie River with direct access to the river. The Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river. As a bonus, you can also access Lake Okeechobee and on to the Gulf of Mexico.

Ballantrae in Port Saint Lucie Florida
Google Earth image

Recently sold in Ballantrae:

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

Ballantrae in Port Saint Lucie Florida
Google Earth image

In addition to golf and boating, Ballantrae offers tennis, swimming and fishing. And a Homeowners Community Clubhouse which is the center of many community activities.

Search for all Ballantrae Homes 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.

Ballantrae Real Estate Market Report December 2022

Dune Walk Hutchinson Island Market Report December 2022

12.03.22 by

Dune Walk Hutchinson Island Market Report December 2022

There are 2 condos available for sale in the Dune Walk complex for December 2022 on Hutchinson Island in Jensen Beach Florida. The list prices are $395,000 and $439,900. This is an average list price of $417,450 or $424.24 per sq. ft. of living area.

There is 1 condo currently under contract. The list price was $570,000 which is $545.98 per sq. ft. of living area. This condo was on the market for 18 days before going under contract.

In the past 12 months, 4 condos have sold in Dune Walk.  Sales prices ranged from $462,000 up to $552,500.  This works out to an average sales price of $510,875 which equals $503.08 per sq. ft. of living area.  These condos averaged 20 days on market before going under contract. And, they sold for an average of 99% of the list price.

Click here to view the previous Dune Walk market report!

About the Dune Walk Condos in Jensen Beach FL:

Dune Walk on Hutchinson Island in Jensen Beach Florida
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Dune Walk condos for sale:

The Dune Walk Condos are the two northernmost oceanfront condos on Hutchinson Island in Jensen Beach.   Dune Wals is also known as Sand Dollar North condos. These two buildings were completed in 1983.   They contain 104 two-bedroom, 2-bathroom condos with either 1,044 or 984 sq. ft. of living area under AC.

Dune Walk on Hutchinson Island in Jensen Beach Florida
Google Earth image

The Dune Walk Condo features community amenities of a clubhouse with a full kitchen, exercise room and TV room, pool, and a BBQ grill.  It is gated with a full security system and an on-site manager.

Recent Dune Walk and Sand Dollar Shores sales:

HOA fees cover Common Areas, Common R.E. Tax, Elevator, Fire/Liability Insurance, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Management Fees, Pest Control, Pool Service, Real Estate Tax, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

Dune Walk Condos in Jensen Beach FL

One small pet and rentals with a one-month minimum stay are allowed.  For those looking for a private oceanfront retreat, the Dune Walk condos might be the right fit.

Click here to search for available Dune Walk Condos in Jensen Beach FL

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

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

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

Dune Walk Hutchinson Island Market Report December 2022

Villa del Sol Real Estate Market Report November 2022

11.27.22 by

Villa del Sol Real Estate Market Report November 2022

For November 2021, there are no condos available for sale in Villa del Sol on Hutchinson Island in Jensen Beach FL. 

There are also no Villa del Sol condos currently under contract.

In the past 12 months, 3 Villa del Sol condos have sold.  The sales prices ranged from $367,000 up to $535,000. This equals an average sales price of $437,333 which works out to $362.35 per sq. ft. of living area.  These condos sold for an average of 99% of the list price. And, they went under contract in an average of 13 days after being listed.

Click here to view the previous Villa del Sol market report!

About the Villa Del Sol Condos on Hutchinson Island

Villa del Sol condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Villa del Sol condos for sale:

The Villa del Sol condominium on Hutchinson Island is the first set of condos north of the Jensen Beach Causeway in Saint Lucie County.  This complex was completed between 1970 and 1974. It includes 73 units of condos. From 1 Bedroom, 1 Bath units of 540 sq. ft. of living area under AC up to 2 Bedroom, 2.5 Baths, 2 story units of 1,394 sq. ft.

Villa del Sol condos on Hutchinson Island in Jensen Beach Florida

This is an oceanfront complex with a community pool, private beach access, and a manager on site.  1 large pet is permitted and the rental policy allows rentals of 30 days or greater.  As of this writing, the condo fees are $455 per month.

Recent Villa del Sol sales:

Great location only a short drive to downtown Jensen Beach as well as within walking distance of shops on Hutchinson Island.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Click here for available Villa del Sol Condos for Sale

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

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.

Villa del Sol Real Estate Market Report November 2022

St Lucie County Townhouses and Condos October 2022 Market Report

11.25.22 by

St Lucie County Townhouses and Condos October 2022 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 42.4% from last year (were down by 11.2% in September). New pending sales were down by 43.5% for September (they were down by 29.5% last month).

Year-to-year prices were up for October. The median price increased by 20.2% from last year (was up by 11.3% in September) and the average sales price increased by 5.6% (was down by 2.5% in September).

The available townhouses and condos inventory increased by 19 units from last month to 259 residences. This is 43.9% greater inventory than we had in October 2021. The current inventory supply is 2.5 months, as compared to 1.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a 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 October 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 October 2022 Market Report

St Lucie County Single Family Homes October 2022 Market Report

11.24.22 by

St Lucie County Single Family Homes October 2022 Market Report

The October 2022 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 24.6% for the month compared to last year (in September they were down by 18.7%). New sales under contract (new pending sales) decreased by 35.1% (they were down by 32.3% last month).

Year-to-year prices were also up in October.  The median sales price was up by 13.3% (was up by 19.0% in September).  The average sales price was up by 6.8% (it was up by 16.0% in September).

The number of available home listings increased by 63 homes to 1,744 units.  This inventory is 132.8% greater than last year.  The current supply of homes is 3.0 months (it was 1.3 months last year).  The St Lucie County single-family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes October 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 October 2022 Market Report

Martin County Townhouses and Condos October 2022 Market Report

11.23.22 by

Martin County Townhouses and Condos October 2022 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales for the month were down by 4.9%.  They were down by 28.8% in September.  New sales under contract (new pending sales) were down by 41.2% from last year.  They were down by 31.3% in September.

Year-to-year prices continue to go up.  The median sales price increased by 45.2% (was up by 26.5% last month). While the average sales price increased by 25.1% (was up by 4.0% in September).

The inventory of available townhouses and condos increased by 28 units to 245 properties.  This is a 133.3% greater supply of inventory than we had in October 2021.  Currently, there’s a 2.6 months supply of inventory (compared to 0.9 months for October 2021).  We remain in a 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 October 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 October 2022 Market Report

Martin County Single Family Homes October 2022 Market Report

11.22.22 by

Martin County Single Family Homes October 2022 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 36.2% from last year (they were down by 15.3% in September). At the same time, new pending sales decreased by 38.1% as compared to last year (decreased by 38.6% last month).

Year-to-year prices were up for the month of October.  The median sales price increased from last year by 14.8% (up by 21.1% in September) while the average sales price increased by 42.1% (up by 18.2% last month).

The inventory of available single-family homes increased by 35 units from last month to 521. This is a 107.6% larger inventory than last October.  The current supply of homes is 2.9 months.  For October of last year, it was 1.0 months of supply.  We remain in a 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 October 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 October 2022 Market Report

Florida Townhouses and Condos October 2022 Market Report

11.21.22 by

Florida Townhouses and Condos October 2022 Market Report

Florida Townhouses and Condos market report continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 26.9% as compared to last month’s decrease of 29.0%.  New sales under contract (new pending sales) decreased by 42.5% (In September, there was a 34.6% decrease).

Year-to-year prices are still going up.  The median sales price was up by 19.2% (was up by 20.5% in September). While the average sales price increased by 17.6% (was up 17.2% in September).

The inventory of active listings increased by 31.0% from October of last year.  This results in 2.5 months’ supply of inventory as compared to 1.6 months for September 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2022 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos October 2022 Market Report

Empress Real Estate Market Report November 2022

11.21.22 by

Empress Real Estate Market Report November 2022

For November 2022, there is 1 condo available for sale in the Empress Condos of Hutchinson Island in Jensen Beach Florida. The list price is $449,900 or $346.34 per sq. ft. of living area.

There are 3 Empress condos currently under contract. The list prices ranged from $575,000 up to $699,999. This is an average list price of $624,666 which is $445.11 per sq. ft. of living area. These condos were on the market for an average of 75 days before going under contract.

In the past 12 months, 4 Empress condos have sold.  Sales prices ranged from $470,000 up to $875,000.  This is an average sales price of $616,750 which works out to $441.26 per sq. ft. of living area.  These condos averaged 43 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here to view the previous Empress market report!

About the Empress on Hutchinson Island in Jensen Beach:

The Empress condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Empress condos for sale:

The Empress of Jensen Beach on Hutchinson Island is an upscale 15-story oceanfront condo building with 115 residences. It was completed in 1988.  Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

There are various sizes and configurations of condos in the Empress ranging from very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedrooms, 2 bath units of 1,505 sq. ft. with the remainder 2 bedrooms, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

Recent Empress condo sales:

There is ample assigned and guest parking plus an additional 40 covered detached garages that can be bought and sold between Empress residents.  Other community amenities include a pool, Jacuzzi, sun deck, card room, clubhouse with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area, and dune walk to the beach.

The Empress Condos of Hutchinson Island
The Empress Condos of Hutchinson Island
The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  Garage owners have some additional fees.

The Empress condos on Hutchinson Island in Jensen Beach Florida

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach?  Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

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

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

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

Empress Real Estate Market Report November 2022

Island Crest Real Estate Market Report November 2022

11.20.22 by

Island Crest Real Estate Market Report November 2022

There are 4 condos available to purchase in Island Crest on Hutchinson Island in Jensen Beach for November 2022.  The list prices range from $429,000 up to $599,000. This works out to an average list price of $501,500 or $471.81 per sq. ft. of living area.

There are no Island Crest condos currently under contract.

In the past 12 months, 13 Island Crest condos have sold.  Sales prices ranged from $375,000 up to $530,000.  This makes for an average sales price of $448,885 which works out to $442.68 per sq. ft. of living area.  These condos averaged 28 days on market before going under contract. And, they sold for an average of 96% of the list price.

Click here to view the previous Island Crest market report!

About Island Crest Condos on Hutchinson Island

Island Crest condos on Hutchinson Island in Jensen Beach Florida
Google Earth image
Island Crest condos for sale:

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12-story complex with 126 residential condos.  Sizes range from 2 bedrooms, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Island Crest condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Located north of the Jensen Beach Causeway and south of the Waveland public beach, Island Crest has many upscale amenities.  These include 2 pools, Jacuzzi, a clubhouse with social areas and 2 kitchens, a fitness room, ocean view billiards, a bocce court, 2 tennis courts, a basketball court, a grilling area, a car wash, and private beach access.

Recent Island Crest sales:

1 small pet is permitted and rentals are allowed for a minimum of 3 months.  Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks).  Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Island Crest condos on Hutchinson Island in Jensen Beach Florida

If you ask the locals, they will definitely say this is a great building.

Island Crest Condos on Hutchinson Island in Jensen Beach FL
Island Crest Condos on Hutchinson Island in Jensen Beach FL
Island Crest Condos on Hutchinson Island in Jensen Beach FL
Island Crest Condos on Hutchinson Island in Jensen Beach FL
Island Crest Condos on Hutchinson Island in Jensen Beach FL

Click here to see the currently available Island Crest Condos for Sale

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

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

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

Island Crest Real Estate Market Report November 2022

Sand Dollar Real Estate Market Report November 2022

11.19.22 by

Sand Dollar Real Estate Market Report November 2022

Note: For this report, Sand Dollar, Sand Dollar Shores, Sand Dollar Villas, Sand Dollar North and Dune Walk condos are all combined.

For November 2022, there are 4 condos available for sale in the Sand Dollar condo complex on Hutchinson Island in Jensen Beach, FL.  The list prices range from $395,000 up to $500,000. This is an average list price of $448,725 or $434.15 per sq. ft. of living area.

There is 1 Sand Dollar condo currently under contract. The list price was $570,000 which is $545.98 per sq. ft. of living area.  This condo went under contract 26 days after being listed.

In the past 12 months, 10 Sand Dollar condos have been sold.  Sales prices ranged from a low of $330,000 up to $552,500.  This works out to an average sales price of $490,850 which equals $464.81 per sq. ft. of living area.  These condos averaged 22 days on the market before going under contract. And, they sold for an average of 97% of the list price.

View the previous Sand Dollar market report!

About the Sand Dollar Condos on Hutchinson Island

Sand Dollar condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Sand Dollar condos for sale:

The Sand Dollar Shores condos in Jensen Beach on Hutchinson Island (also known as Sand Dollar Villas) consist of 5 buildings completed in 1980.  Located approximately 5 miles north of the Jensen Beach Causeway these Sand Dollar Shores condos offer some of the best private ocean access with few crowds and unspoiled beaches.

Sand Dollar condos on Hutchinson Island in Jensen Beach Florida

All condos are 2 bedrooms and 2 bathrooms with either 1,113 or 1,053 sq. ft. under roof plus additional balcony space. These Sand Dollar condos offer direct ocean access and have two pools, a clubhouse, a fitness room, and tennis courts.

Recent Sand Dollar sales:

Rentals are allowed with a one-month minimum stay requirement and 1 large pet is permitted for owners.  As of January 2018, the condo fees were $412.00 a month.

Sand Dollar condos on Hutchinson Island in Jensen Beach Florida

Will this gated community on the crystal clear blue waters of the Atlantic Ocean be just the right ticket for your Florida home?  You can call us to discuss this possibility.

Sand Dollar Shores on Hutchinson Island in Jensen Beach

Search here for the available Sand Dollar Shores Condos for Sale

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

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

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

Sand Dollar Real Estate Market Report November 2022

Florida Single Family Homes October 2022 Market Report

11.18.22 by

Florida Single Family Homes October 2022 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 24.6% (were down by 29.0% in September). New sales under contract (new pending sales) were down by 41.2% (were down by 32.0% in September).

Prices are still going up.  The (year-to-year) median sales price rose by 12.0% (it was up by 13.8% in September). And, the average sales price was up by 13.2% (it was up by 9.6% last month).

The inventory of available homes for sale increased by 88.4% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with a major advantage for sellers. (October 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 October 2022 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes October 2022 Market Report