Search Results for: florida single family market report

Florida Single Family Homes 2023 1st Quarter Report

05.24.23 by

Florida Single Family Homes 2023 1st 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 1st Quarter Report

For the 1st quarter of 2023, Florida single-family homes continued the trend of reduced sales volume. Prices are still rising, though at a reduced rate from previous reports. Inventory is continuing to increase, but it is not bringing in more buyers to date.  I doubt that we will see any improvement until either interest rates or prices begin to go down.  Hopefully, both.

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 1st Quarter Report

Oakbrooke Estates May 2023 Market Report

05.24.23 by

Oakbrooke Estates May 2023 Market Report

For May 2023, there are no homes for sale in the Oakbrooke Estates community of Palm City in Martin County.

There are also no Oakbrooke Estates homes currently under contract.

In the past 12 months, 5 Oakbrooke Estates homes have sold.  Sales prices ranged from $750,000 up to $970,000.  This works out to an average sales price of $819,086 or $277.40 per sq. ft. of living area.  These homes sold for an average of 100% of the list price. And, they went under contract in an average of 14 days after being listed.

Click here to view previous Oakbrooke Estates market reports!

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City Florida
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Also known as Oakbrooke Estates Gardens.  Located on the north side of Martin Hwy (State Road 714) and just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike.  This community was built between 2003 and 2005 and consists of 70 single-family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft., and all these homes come with 3 car garages.

Oakbrooke Estates real estate in Palm City Florida
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Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs.  There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security.  The low HOA fees cover the common areas, security gate, trash pickup, and basic cable TV.

Recent Oakbrooke Estates home sales:

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle, and Martin County High Schools.

A wonderful family-friendly community of newer Palm City Homes.

Oakbrooke Estates real estate in Palm City FL

Check here to see if any Oakbrooke estates homes are available for sale

Search for Oakbrooke Estates 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

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

Oakbrooke Estates May 2023 Market Report

St Lucie County Single Family Homes April 2023 Market Report

05.22.23 by

St Lucie County Single Family Homes April 2023 Market Report

The April 2023 St Lucie County Single Family real estate market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 21.8% for the month compared to last year (in March they were down by 23.9%). New sales under contract (new pending sales) decreased by 13.7% (they were down by 15.1% last month).

Prices rose for April, though at a very slim rate.  The median sales price was unchanged at 0.0% (was up by 1.4% in March).  The average sales price was up by 0.5% (it was up by 2.6% in March).

The number of available home listings decreased by 134 homes to 1,295 units.  This inventory is 91.0% greater than last year.  The current supply of homes is 2.6 months (it was 1.1 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

St Lucie County Single Family Homes April 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 April 2023 Market Report

Martin County Single Family Homes April 2023 Market Report

05.20.23 by

Martin County Single Family Homes April 2023 Market Report

The Martin County Single Family Homes Market Report continues to buck the trend with improved sales activity for the second month in a row. But, we are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 3.6% from last year (they were up by 12.5% in March). At the same time, new pending sales increased by 8.4% compared to last year (which increased by 14.4% last month).

Prices were mixed for April.  The median sales price decreased from last year by 8.0% (up by 6.1% in March) while the average sales price increased by 14.4% (up by 26.0% last month).

The inventory of available single-family homes decreased by 26 units from last month to 463. This is a 72.8% greater inventory than last April.  The current supply of homes is 2.9 months.  For April of last year, it was 1.3 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.

Martin County Single Family Homes April 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 April 2023 Market Report

Conquistador Real Estate Market Report May 2023

05.17.23 by

Conquistador Real Estate Market Report May 2023

Homes:  There is 1 home currently on the market in Conquistador Estates. The list price is $599,900 or $320.12 per sq. ft. of living area.

There are no Conquistador homes currently under contract.

5 Conquistador homes have sold in the past 12 months. The sales prices ranged from $320,000 up to $545,000. This works out to an average sales price of $472,000 which is $256.16 per sq. ft. of living area. These homes averaged 20 days on the market before going under contract. And, they sold for an average of 94% of the list price.

Condos: There are currently 9 condos for sale in Conquistador.  The list prices range from $197,000 up to $299,900. This is an average list price of $245,866 or $238.77 per sq. ft. of living area.

There are 2 Conquistador condos under contract at this time. The list prices were $275,000 and $305,000. This is an average list price of $290,000 which works out to $264.88 per sq. ft. of living area. These condos averaged 37 days on the market before going under contract.

In the past 12 months, 19 Conquistador condos have sold.  Sales prices ranged from $166,000 up to $300,000.  The average sales price was $251,179 which equals $237.00 per sq. ft. of living area. These sales averaged 98% of the list price. And, they went under contract in an average of 49 days after being listed.

Click here to view the previous Conquistador market report!

About Conquistador Homes and Condos in Stuart FL:

Conquistador in Stuart Florida

Conquistador homes and condos for sale:

Conquistador homes and condos are in the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the Atlantic Ocean beaches and right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, and medical facilities.

Conquistador is a mix of single-family homes (the estate’s section) and 3 story condominiums.  The condominiums have access to their own pool areas, barbecue areas, or the main clubhouse pool.

Conquistador real estate in Stuart Florida

Recent Conquistador sales:

This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library, and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities this jewel of the Treasure Coast has.

Conquistador real estate in Stuart Florida
Conquistador Condos and Homes in Stuart FL

Search for available Homes and Condos in Conquistador here

Search for Conquistador homes and condos in Stuart FL

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.

Conquistador Real Estate Market Report May 2023

Coral Lakes Real Estate Market Report May 2023

05.12.23 by

Coral Lakes Real Estate Market Report May 2023

For May 2023, there are no homes available for sale in Coral Lakes in Stuart FL.

There are also no Coral Lakes homes currently under contract.

5 Coral Lakes homes have sold in the past 12 months.  These homes sold for prices ranging from $450,000 up to $729,000.  This equals an average sales price of $590,400 which works out to $288.97 per sq. ft. of living area. These homes were on the market for an average of 56 days before going under contract. And, they sold for an average of 99% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart Florida
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The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart Florida
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There are just under 100 homesites in Coral Lakes with the first homes built in 1980 and the most recently completed one in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Recently sold Coral Lakes homes:

Other than a storage lot for boats, RVs, and trailers there are no additional amenities in Coral Lakes and the low HOA fee covers maintenance of the common areas, gates, and management.  Many homes have private pools in these spacious single-family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart Florida
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The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL

Check here to see which Coral Lakes homes are available for sale.

Search for Coral Lakes real estate in Stuart FL

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.

Coral Lakes Real Estate Market Report May 2023

River Marina Real Estate Market Report May 2023

05.10.23 by

River Marina Real Estate Market Report May 2023

For May 2023, there are 3 homes available for sale in River Marina in Stuart FL. The list prices range from $385,000 up to $899,900. This is an average list price of $593,267 or $323.65 per sq. ft. of living area.

There are also 3 River Marina properties currently under contract. The list prices ranged from $350,000 up to $499,995. This equals an average list price of $403,330 which is $226.32 per sq. ft. of living area. These homes were on the market for an average of 31 days before going under contract.

In the past 12 months, 12 River Marina homes have sold.  Sales prices ranged from $325,000 up to $525,000.  The average sales price was $359,575 which works out to $217.97 per sq. ft. of living area.  These homes sold on average for 98% of the list price. And, they went under contract in an average of 17 days after going on the market.

Click here to view the previous River Marina market report!

About River Marina in Stuart FL:

River Marina in Martin County Florida
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River marina homes and townhomes for sale:

River Marina is a newer community consisting of 84 single-family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single-family homes in River Marina are in a gated enclave.

River Marina in Martin County Florida
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Also available are newer townhomes in a non-gated area. Currently, only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1-car garage. There’s a community pool and easy access to recreational areas.

Recent River Marina sales:

New townhomes feature 3 bedrooms, 2 and 1/2 bathrooms, and a single-car garage with granite countertops and stainless steel appliances.   Priced attractively for today’s market.  For a new buyer discount program, please contact Gabe Sanders for details.

River Marina in Martin County Florida

Search for homes and townhomes for sale in River Marina

River Marina homes for sale in Stuart FL

River Marina real estate in Stuart FL

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.

River Marina Real Estate Market Report May 2023

Sablewood Real Estate Market Report May 2023

05.02.23 by

Sablewood Real Estate Market Report May 2023

As of May 2023, there are no homes for sale in the Sablewood community of Hobe Sound FL.

There are also no Sablewood homes currently under contract.

In the past 2 years, there have been 5 Sablewood home sales. Sales prices ranged from $590,000 up to $819,000. This is an average sales price of $686,800 which equals $271.91 per sq. ft. of living area. These homes were on the market for an average of 35 days before going under contract. And, they sold for an average of 98% of the list price.

About the Sablewood Community of Hobe Sound

Sablewood real estate in Hobe Sound FL

Sablewood homes for sale:

Sablewood is a gated community of 38 upscale homes located in Hobe Sound, Florida on the west side of Gomez Avenue. The community was developed in the late 1980s and early 1990s and features single-family homes with attached garages, beautifully landscaped yards, and palm tree-lined streets. Sablewood homes were built beginning in 1989 and the last one recorded was finished in 2016. 

Sablewood property owners have the use of a community tennis court as well as some great open space that is part of the association property.  Sablewood is a pet-friendly community and rentals are also permitted with some restrictions.

Sablewood real estate in Hobe Sound FL

Homes range in size from just over 3,500 sq. ft. of living area with up to 6 bedrooms and 5 bathrooms down to 3 bedroom, 2 bathroom homes of just under 2,000 sq. ft. of living area.  These homes are on generous lot sizes from over one-quarter of an acre to just over half an acre.

Recent Sablewood home sales:

The Sablewood community is located in a very private and quiet area of Hobe Sound, yet it is still close to shopping, beaches, boat ramps, and marinas. The community is also located just a short drive from the Jupiter Lighthouse and the Jupiter Inlet Colony.

If you are looking for a beautiful, quiet, and private community to call home, Sablewood is definitely worth considering.

Check the links on this page to see if any Sablewood homes are available for sale.

Search here for Sablewood homes in Hobe Sound

Sablewood Real Estate Market Report May 2023

St Lucie County Single Family Homes March 2023 Market Report

04.25.23 by

St Lucie County Single Family Homes March 2023 Market Report

The March 2023 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 23.9% for the month compared to last year (in February they were down by 22.8%). New sales under contract (new pending sales) decreased by 15.1% (they were down by 9.2% last month).

Prices rose for March, though at a moderate rate.  The median sales price was up by 1.4% (was up by 5.7% in February).  The average sales price was up by 2.6% (it was up by 4.9% in February).

The number of available home listings decreased by 170 homes to 1,429 units.  This inventory is 140.6% greater than last year.  The current supply of homes is 2.8 months (it was 0.9 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

St Lucie County Single Family Homes March 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 March 2023 Market Report

Martin County Single Family Homes March 2023 Market Report

04.23.23 by

Martin County Single Family Homes March 2023 Market Report

The Martin County Single Family Homes Market Report had stronger closed activity for the first time in months. But, we are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 12.5% from last year (they were down by 27.1% in February). At the same time, new pending sales increased by 14.4% compared to last year (which increased by 3.6% last month).

Prices were up for March.  The median sales price increased from last year by 6.1% (up by 3.3% in February) while the average sales price increased by 26.0% (down by 10.3% last month).

The inventory of available single-family homes decreased by 26 units from last month to 489. This is a 119.3% greater inventory than last March.  The current supply of homes is 3.1 months.  For March of last year, it was 1.0 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.

Martin County Single Family Homes March 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 March 2023 Market Report

The Estuary Real Estate Market Report April 2023

04.21.23 by

The Estuary Real Estate Market Report April 2023

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2023 real estate market report for this gated community:

Homes

There are no homes currently available for sale in the Estuary.

There are also no Estuary homes currently under contract.

In the past 12 months, 7 Estuary homes have sold.  Sales prices ranged from $440,000 up to $785,000.  This equals an average sales price of $533,571 which works out to $275.08 per sq. ft. of living area. These homes sold for an average of 96% of the list price. And, went under contract in an average of 67 days.

Condos

There are no condos currently for sale in the Estuary.

There is 1 Estuary condo currently under contract. The list price was $254,900 which is $237.34 per sq. ft. of living area. This condo was on the market for 46 days before going under contract.

In the past 12 months, 6 Estuary condos have sold.  Sales prices ranged from $300,000 up to $420,000.  This equals an average sales price of $368,817 which works out to $311.14 per sq. ft. of living area.  These condos averaged 54 days on the market before going under contract. And, sold for an average of 94% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

Estuary homes and condos for sale:

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.

Recent Estuary sales:


The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

The Estuary real estate in Stuart FL

Different sections of the Estuary include well-appointed 2 and 3 bedroom condos with pool and lake views.  A select number of condos have mile-wide river views of the Saint Lucie River.  An inland section of varying styles, sizes and shapes of homes built from the early 1980s and also called River Shores Plantation. 

The Estuary real estate in Stuart FL

In 2002, a section of the Estuary was added with villas and smaller single-family homes on Tillia Trail with their own community pool.  Larger single-family homes were also added at this time along Estuary Court, Plumbago Trail and the western section of NW 21’st Terrace.  This section also boasts a community dock suitable for good-sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

The Estuary real estate search in Stuart 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.

The Estuary Real Estate Market Report April 2023

Osprey Creek Real Estate Market Report April 2023

04.14.23 by

Osprey Creek Real Estate Market Report April 2023

For April 2023, there are no homes listed in the Osprey Creek community of Martin Downs Country Club in Palm City FL.

There are also no Osprey Creek homes currently under contract.

In the past 12 months, there have been 3 Osprey Creek home sales.  Sales prices ranged from $310,000 up to $350,000. This is an average sales price of $325,000 or $202.72 per sq. ft. of living area.  These homes were on the market for an average of 28 days before going under contract. And, they sold for an average of 96% of the list price.

Click here to view previous osprey Creek market reports!

About Osprey Creek in Martin Downs Country Club

Osprey Creek in Martin Downs in Palm City Florida
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Osprey Creek homes for sale:

The Osprey Creek section of Martin Downs Country Club has 41 homes located on the Martin Downs Country Club Golf Course. Homes consist of both 2 and 3 bedroom single-family homes ranging in size from 1,714 to 1,542 square feet of living area. All of the homes include a single-car garage. As of January 2019, the HOA fees were $240 per month. These fees include security, landscaping and lawn maintenance, exterior pest control, trash pickup and basic cable TV service.

Osprey Creek real estate in Martin Downs in Palm City Florida
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Recent Osprey Creek sales:

Martin Downs is a guard-gated community that offers memberships for golf, tennis and social. Two large pools, workout room, Tiki Sports Bar and Main Dining Room. A-rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities are just minutes away.

Osprey Creek real estate in Martin Downs in Palm City Florida
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The Osprey Creek community in Martin Downs in Palm City, FL offers a unique blend of tranquility and convenience. Located just minutes from the beaches and popular entertainment of the Treasure Coast, Osprey Creek residents enjoy a variety of nearby amenities. Shopping, dining, and entertainment options are all close by, making Osprey Creek an ideal choice for those looking for a quiet yet connected neighborhood.

Osprey Creek in Martin Downs Country Club

Search for Osprey Creek Homes For Sale

Osprey Creek home search in Palm City FL

Search for Martin Downs Homes For Sale

Martin Downs home search in Palm City FL

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

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

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

Osprey Creek Real Estate Market Report April 2023

St Lucie County Single Family Homes February 2023 Market Report

03.25.23 by

St Lucie County Single Family Homes February 2023 Market Report

The February 2023 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 22.8% for the month compared to last year (in January they were down by 27.0%). New sales under contract (new pending sales) decreased by 9.2% (they were down by 11.9% last month).

Prices rose for February, though at a moderate rate.  The median sales price was up by 5.7% (was up by 4.9% in January).  The average sales price was up by 4.9% (it was up by 4.6% in January).

The number of available home listings decreased by 116 homes to 1,599 units.  This inventory is 161.7% greater than last year.  The current supply of homes is 3.0 months (it was 1.0 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

St Lucie County Single Family Homes February 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 February 2023 Market Report

Martin County Single Family Homes February 2023 Market Report

03.23.23 by

Martin County Single Family Homes February 2023 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year though there are some signs of a slow turnaround. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 27.1% from last year (they were down by 20.4% in January). At the same time, new pending sales increased by 3.6% compared to last year (which decreased by 15.6% last month).

Prices were mixed for February.  The median sales price increased from last year by 3.3% (up by 9.7% in January) while the average sales price decreased by 10.3% (down by 36.7% last month).

The inventory of available single-family homes decreased by 15 units from last month to 515. This is a 189.3% greater inventory than last February.  The current supply of homes is 3.3 months.  For February of last year, it was 0.8 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.

Martin County Single Family Homes February 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 February 2023 Market Report

Emerald Lakes Real Estate Market Report March 2023

03.13.23 by

Emerald Lakes Real Estate Market Report March 2023

For March 2023, there are 2 homes for sale in Emerald Lakes in Stuart FL.  The list prices are $259,900 and $399,900. This equals an average list price of $329,900 which is $228.74 per sq. ft. of living area.

There are 6 Emerald Lakes homes currently under contract. List prices ranged from $268,900 up to $437,500. This is an average list price of $349,050 which is $245.64 per sq. ft. of living area. These homes and townhomes averaged 7 days on the market before going under contract.

In the past 12 months, there have been 23 Emerald Lakes sales.  Sales prices ranged from $230,000 up to $469,900.  This works out to an average sales price of $295,815 or $214.51 per sq. ft. of living space.  These sales averaged 99% of the list price and were on the market for an average of 17 days before going under contract.

Click here to view previous Emerald Lakes market reports.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart Florida
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Emerald Lakes homes for sale:

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

Emerald Lakes real estate in Stuart FL

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

Recent Emerald Lakes sales:

 

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

Emerald Lakes real estate in Stuart FL

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

Emerald Lakes Town Homes and Villas in Stuart FL

Currently Available Homes and Town Homes in Emerald Lakes

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

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

Emerald Lakes Real Estate Market Report March 2023

The Meadows Real Estate Market Report March 2023

03.06.23 by

The Meadows Real Estate Market Report March 2023

There are currently 15 homes for sale in the Meadows in Palm City FL.  The list prices range from $299,000 up to $595,000.  This is an average list price of $390,273 which equals $265.97 per sq. ft. of living area.

There are 7 Meadows homes currently under contract.  These homes had list prices ranging from $300,000 up to $629,000.  This is an average list price of $444,829 which is $244.02 per sq. ft. of living area.  These homes averaged only 74 days on the market before going under contract.

In the past 12 months, there have been 44 Meadows home sales.  Sales prices ranged from a low of $285,000 up to $620,000.  This is an average sales price of $421,666 or $259.06 per sq. ft. of living area.  These homes went under contract in an average of 33 days. And, they sold for an average of 98% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

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

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

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

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

Recent sales in the Meadows:

Meadows History:

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

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

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

Entrance to the Meadows

Search for the Meadows Homes for Sale

Recent market reports:

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

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

The Meadows Real Estate Market Report March 2023

Martins Crossing Real Estate Market Report March 2023

03.05.23 by

Martins Crossing Real Estate Market Report March 2023

For March 2023 there are 4 homes available for sale in Martins Crossing in Stuart FL.  The list prices range from $399,315 up to $649,900. This is an average list price of $561,029 which equals $217.76 per sq. ft. of living area.

There are also 4 Martins Crossing homes currently under contract.  The list prices ranged from $325,000 to $649,000.  This equals an average list price of $475,225 which is $240.33 per sq. ft. of living area.  These homes went under contract in an average of 48 days.

In the past twelve months, 29 Martins Crossing homes have sold.  Sales prices ranged from a low of $285,000 to a high of $699,900.  This equals an average sales price of $416,238 which works out to $210.75 per sq. ft. of living area.  These homes sold at an average of 99% of the list price and went under contract in an average of 21 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
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Martins Crossing homes for sale:

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing in Stuart Florida
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Martins Crossing community amenities include lush landscaping and private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, an oversized deck, tennis courts and a playful tot lot all nearby.

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

Recently sold Martins Crossings homes:

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Real Estate Market Report March 2023

St Lucie County Single Family Homes January 2023 Market Report

02.25.23 by

St Lucie County Single Family Homes January 2023 Market Report

The January 2023 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Closed sales were down by 27.0% for the month compared to last year (in December they were down by 39.1%). New sales under contract (new pending sales) decreased by 11.9% (they were down by 25.6% last month).

Price increases seem to have moderated, which may indicate future increased sales activity.  The median sales price was up by 4.9% (was up by 14.0% in December).  The average sales price was up by 4.6% (it was up by 2.7% in December).

The number of available home listings increased by 23 homes to 1,715 units.  This inventory is 188.2% greater than last year.  The current supply of homes is 3.2 months (it was 1.0 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 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 January 2023 Market Report

Martin County Single Family Homes January 2023 Market Report

02.23.23 by

Martin County Single Family Homes January 2023 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 growing, but we are facing headwinds with increasing mortgage rates. Closed sales were down by 20.4% from last year (they were down by 37.6% in December). At the same time, new pending sales decreased by 15.6% compared to last year (which decreased by 31.8% last month).

Prices were mixed for the month of January with a considerable drop in the average sales price.  The median sales price increased from last year by 9.7% (down by 3.4% in December) while the average sales price decreased by 36.7% (down by 18.8% last month).

The inventory of available single-family homes increased by 31 units from last month to 530. This is a 248.7% greater inventory than last January.  The current supply of homes is 3.3 months.  For January of last year, it was 0.7 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.

Martin County Single Family Homes January 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 January 2023 Market Report

Mariner Cay Real Estate Market Report February 2023

02.13.23 by

Mariner Cay Real Estate Market Report February 2023

There are 2 homes and 1 condo on the market in Mariner Cay in Stuart FL for February 2023.

The homes are listed for $725,000 and $1,699,995. This is an average list price of $1,212,498 or $392.87 per sq. ft. of living area.

The condo has a list price of $475,000 which is $313.53 per sq. ft. of living area.

There are no condos and 1 Mariner Cay home under contract. This home had a list price of $1,450,000 which equals $564.64 per sq. ft. of living area.  This home was on the market for 127 days before going under contract

In the past 12 months, 6 Mariner Cay condos and 5 Mariner Cay single-family homes have sold.

The condo sales prices ranged from $360,000 up to $506,000.  This equals an average sales price of $441,417 which works out to $322.97 per sq. ft. of living area.  These condos averaged 27 days on the market before going under contract. And, sold for an average of 102% of the list price.

The single-family homes had sales prices ranging from $965,000 up to $3,450,000. This is an average sales price of $2,053,000 which is $708.82 per sq. ft. of living area.  These homes were on the market for an average of 25 days before going under contract. And, they sold for an average of 94% of the list price.

Click here to view the previous Mariner Cay market report!

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida
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Mariner cay homes and condos for sale:

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Recent Mariner Cay sales:

Florida’s subtropical and tropical climate makes many seasonal activities year-round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment, and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing.

Mariner Cay in Stuart Florida

Martin County is home to a long list of fishing tournaments, boating activities, and other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance from St. Lucie Inlet and the crossroads of the Southeast Florida waterways. The marina allows you to take advantage of the 60-mile span between its location and Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to detail seen throughout the Mariner Cay real estate properties.

The Mariner Cay Marina offers the following benefits:
  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to the marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.
Mariner Cay in Stuart Florida
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With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the property’s benefits. Mariner Cay real estate offers amenities like:  

  • a community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more
Mariner Cay real estate Stuart FL

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Search Mariner Cay Real Estate

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.

Mariner Cay Real Estate Market Report February 2023