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Florida Single Family Homes January 2024 Market Report

Florida Single Family Homes January 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 0.6% (were down by 3.8% in December). New sales under contract (new pending sales) were down by 2.9% (were down by 3.3% in December).

Prices increased for January when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was also up by 3.8% in December). And, the average sales price was up by 9.7% (it was up by 7.2% last month).

The inventory of available homes for sale increased by 24.8% from last year.  This represents a 3.8 months supply of inventory (January 2023 had a 2.8 months supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

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

Previous Florida real estate market report posts.

Florida Single Family Homes January 2024 Market 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 January 2024 Market Report

 

Windstone Real Estate Market Report February 2024

Windstone Real Estate Market Report February 2024

As of February 2024, there are 2 homes for sale in the Windstone community of Palm City, FL.  The list prices are $1,498,000 and $1,555,555. This equals an average list price of $1,526,778 or $319.23 per sq. ft. of living area.

There is 1 Windstone home under contract at this time. The list price was $1,800,000 which is $451.35 per sq. ft. of living space This home was on the market for 10 days before going under contract.

In the past 12 months, 5 Windstone homes have sold.  Sales prices ranged from $865,000 up to $1,725,000. This is an average sales price of $1,148,500 which equals $355.56 per sq. ft. of living area.  These homes averaged 36 days on the market before going under contract. And, they sold for an average of 95% of the list price.

Click here to view the previous Windstone market report!

About Windstone in Palm City FL:

Windstone real estate in Palm City FL
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Formerly known as Rivers End and now re-named Windstone. Featuring spacious waterfront homes, Windstone August 2019 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL
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Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone August 2019 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone August 2019 Market Report is within close range to “A” rated school, I-95, and Florida’s Turnpike making this a great place for locals or commuters to call home!

Windstone February 2020 Market Report

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Windstone Real Estate Market Report February 2024

Four Winds on the River Real Estate Market Report February 2024

Four Winds on the River Real Estate Market Report February 2024

For February 2024, there are 2 condos currently available for sale in Four Winds on the River in Stuart FL. The list prices are $330,000 and $390,000. This is an average list price of $360,000 which is $301.39 per sq. ft. of living area.

There are no Four Winds condos currently under contract and awaiting sale.

In the past 12 months, 3 Four Winds on the River condo have sold.  The sales prices ranged from $360,000 up to $430,000. This is an average sales price of $383,333 or $282.77 per sq. ft. of living area.  These sales averaged 92% of the last list price. And, they were on the market for an average of 33 days before going under contract.

Click here to view the previous Four Winds on the River market report!

About Four Winds on the River in Stuart FL:

Four Winds on the River in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There have been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one-bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River in Stuart FL
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There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with a kitchen and ample common areas for events, get-togethers, or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

The location is exceptional as it is only minutes from the beaches, shopping, medical facilities, and downtown Stuart.

Four Winds on the River in Stuart FL

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Four Winds on the River Real Estate Market Report February 2024

St Lucie County Townhouses and Condos December 2023 Market Report

St Lucie County Townhouses and Condos December 2023 Market Report

The St Lucie County Townhouses and Condos market showed slightly weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked and have begun to decrease. Closed sales were down by 3.1% from last year (were down by 1.4% in November). New pending sales were down by 42.9% (they were up by 68.6% last month).

Prices were up for December. The median price increased by 6.7% from last year (was up by 1.6% in November) and the average sales price increased by 10.3% (was up by 15.1% % in November).

The available townhouses and condos inventory increased by 31 units from last month to 556 residences. This is a 91.1% greater inventory than we had in December 2022. The current inventory supply is 6.4 months, as compared to 3.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues as a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos December 2023 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos December 2023 Market Report

St Lucie County Single Family Homes December 2023 Market Report

St Lucie County Single Family Homes December 2023 Market Report

The December 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were down by 9.6% for the month compared to last year (in November they were down by 0.3%). New sales under contract (new pending sales) decreased by 24.8% (they were down by 7.7% last month).

Prices were slightly higher for December when compared to last year.  The median sales price was up by 2.1% (was up by 2.8% in November).  The average sales price was up by 6.1% (it was up by 7.1% in November).

The number of available homes for sale increased by 41 homes to 1,719 units.  This inventory is 1.6% greater than last year.  The current supply of homes is 3.6 months (it was 3.1 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

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

St Lucie County Single Family Homes December 2023 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes December 2023 Market Report

Martin County Townhouses and Condos December 2023 Market Report

Martin County Townhouses and Condos December 2023 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 17.4%.  They were down by 21.4% in November.  New sales under contract (new pending sales) were up by 7.4% from last year.  They were up by 21.7% in November.

Prices were up for December.  The median sales price increased by 6.7% (was up by 7.3% last month). And, the average sales price increased by 19.8% (was up by 17.3% in November).

The available townhouses and condos inventory increased by 26 units to 449 properties.  This is a 54.3% greater supply of inventory than we had in December 2022.  Currently, there’s a 5.2 month supply of inventory (compared to 3.2 months for December 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos December 2023 Market 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 December 2023 Market Report

Florida Townhouses and Condos December 2023 Market Report

Florida Townhouses and Condos December 2023 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 6.2% compared to last month’s increase of 0.3%.  New sales under contract (new pending sales) decreased by 5.5% (In November, there was a 1.2% decrease).

Prices were up for December compared to last year. The median sales price was up by 6.5% for December (was up by 7.5% in November). And the average sales price increased by 10.4% (was up by 3.9% in November).

The inventory of active listings increased by 52.6% from December last year.  This results in a 5.1 months supply of inventory as compared to 2.8 months for December 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

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

Florida Townhouses and Condos December 2023 Market Report
Florida Townhouses and Condos December 2023 Market Report

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

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

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

Florida Townhouses and Condos December 2023 Market Report

Florida Single Family Homes December 2023 Market Report

Florida Single Family Homes December 2023 Market Report

The Florida Single Family Home real estate market had slightly weaker sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were down by 3.8% (were up by 4.2% in November). New sales under contract (new pending sales) were down by 3.3% (were down by 1.2% in November).

Prices increased for December when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was up by 3.3% in November). And, the average sales price was up by 7.2% (it was up by 5.6% last month).

The inventory of available homes for sale increased by 17.8% from last year.  This represents a 3.6 months supply of inventory (December 2022 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

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

Previous Florida real estate market report posts.

Florida Single Family Homes December 2023 Market 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 December 2023 Market Report

 

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

For January 2024, there are 8 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. The list prices range from $349,300 up to $599,999. This is an average list price of $485,537 which is $480.76 per sq. ft. of living area.

There is 1 Oceana Oceanside condo currently under contract. The list price was $529,000 or $517.11 per sq. ft. of living space. This condo was on the market for 2o days before going under contract.

In the past 12 months, 19 Oceana North/Oceanside condos have sold. Sales prices ranged from $300,000 up to $654,000. This equals an average sales price of $457,763 which works out to $459.73 per sq. ft. of living space. These condos sold for an average of 97% of the last list price. And, they averaged 65 days on the market before going under contract.

Click here to view the previous Oceana North condo market report!

About the Oceana Oceanfront and North Condos:

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
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The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana I was built in 1975 and is a 12-story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units. Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area. Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft. The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
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There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle wash areas.

Both buildings share a large clubhouse with a fitness and game room, kitchen and bar, and a large social area. 1 small pet is allowed as well as rentals with a 3-month minimum lease restriction. There are four tennis courts directly across the street as well as 2 RV/Boat parking areas. Trucks are also allowed.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
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Condo fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal, and Water.

Oceana North and Oceanfront Condos in Jensen Beach
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Oceana Oceanfront Condos on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland ClubIsland CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana OceanfrontOceana SouthOcean TowersOceanriseOcean Bay VillasPrincessRegencySand Dollar ShoresSea WindsVilla 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.

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

Dune Walk Hutchinson Island Market Report December 2023

Dune Walk Hutchinson Island Market Report December 2023

There are 4 condos available for sale in the Dune Walk complex for December 2023 on Hutchinson Island in Jensen Beach Florida. The list prices range from $419,900 up to $515,000. This is an average list price of $468,475 or $451.84 per sq. ft. of living area.

There are no Dune Walk condos currently under contract.

In the past 12 months, 10 Dune Walk condos have sold.  Sales prices ranged from $372,000 up to $545,000.  This works out to an average sales price of $457,600 which equals $452.61 per sq. ft. of living area.  These condos averaged 56 days on the market before going under contract. And, they sold for an average of 95% of the last 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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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
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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.

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

Dune Walk Condos for sale on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla 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 2023

St Lucie County Townhouses and Condos November 2023 Market Report

St Lucie County Townhouses and Condos November 2023 Market Report

The St Lucie County Townhouses and Condos market showed slightly weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked. Closed sales were down by 1.4% from last year (were up by 36.8% in October). New pending sales were up by 68.6% (they were down by 8.6% last month).

Prices were mixed for November. The median price increased by 1.6% from last year (was up by 12.5% in October) and the average sales price decreased by 15.1% (was up by 12.8% % in October).

The available townhouses and condos inventory increased by 63 units from last month to 525 residences. This is a 71.6% greater inventory than we had in November 2022. The current inventory supply is 6.1 months, as compared to 3.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market has entered into a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos November 2023 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos November 2023 Market Report

Ballantrae Real Estate Market Report December 2023

Ballantrae Real Estate Market Report December 2023

For December 2023, there are 8 homes for sale in the Ballantrae community in the Sandpiper area of Port St Lucie, FL.  The list prices range from $450,000 up to $899,000. This works out to an average list price of $619,238 which equals $288.71 per sq. ft. of living area.

There is only 1 Ballantrae home currently under contract which has not closed to date.  The list price was $585,000 or $303.42 per sq. ft. of living area.  This home was on the market for 16 days before going under contract.

In the past 12 months, there have been 32 Ballantrae home sales.  Sales prices ranged from a low of $365,000 up to $1,830,000.  This works out to an average sales price of $634,763 which works out to $266.55 per sq. ft. of living area.  These homes were on the market for an average of 53 days before going under contract and sold for an average of 95% 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
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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
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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
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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

Ballantrae Homes for Sale in Port St. Lucie 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.

Ballantrae Real Estate Market Report December 2023

St Lucie County Single Family Homes November 2023 Market Report

St Lucie County Single Family Homes November 2023 Market Report

The November 2023 St Lucie County Single Family real estate market showed slightly lower sales activity when compared to last year. The inventory of homes for sale decreased in November and we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked. Closed sales were down by 0.3% for the month compared to last year (in October they were up by 5.6%). New sales under contract (new pending sales) decreased by 7.7% (they were down by 6.0% last month).

Prices were up for November when compared to last year.  The median sales price was up by 2.8% (was up by 4.9% in October).  The average sales price was up by 7.1% (it was up by 8.5% in October).

The number of available homes for sale increased by 123 homes to 1,678 units.  This inventory is 8.0% less than last year.  The current supply of homes is 3.5 months (it was 3.2 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

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

St Lucie County Single Family Homes November 2023 Market Report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes November 2023 Market Report

Martin County Townhouses and Condos November 2023 Market Report

Martin County Townhouses and Condos November 2023 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak. Closed sales for the month were down by 21.4%.  They were down by 30.9% in October.  New sales under contract (new pending sales) were up by 21.7% from last year.  They were up by 13.3% in October.

Prices were up for November.  The median sales price increased by 7.3% (was down by 1.6% last month). And, the average sales price increased by 17.3% (was up by 24.2% in October).

The available townhouses and condos inventory increased by 47 units to 423 properties.  This is a 47.9% greater supply of inventory than we had in November 2022.  Currently, there’s a 5.0 month supply of inventory (compared to 3.0 months for November 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos November 2023 Market 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 2023 Market Report

Florida Townhouses and Condos November 2023 Market Report

Florida Townhouses and Condos November 2023 Market Report

Florida Townhouses and Condos real estate market report had marginally improved sales activity when compared to last year. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. Closed sales were up by 0.3% compared to last month’s decrease of 2.9%.  New sales under contract (new pending sales) decreased by 1.2% (In October, there was a 1.4% increase).

Prices were up for November compared to last year. The median sales price was up by 7.5% for November (was up by 3.9% in October). And the average sales price increased by 3.9% (was up by 11.3% in October).

The inventory of active listings increased by 49.8% from November last year.  This results in a 5.0 months supply of inventory as compared to 2.7 months for November 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

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

Florida Townhouses and Condos November 2023 Market Report
Florida Townhouses and Condos November 2023 Market Report

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

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

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

Florida Townhouses and Condos November 2023 Market Report

Claridge by the Sea Market Report December 2023

Claridge by the Sea Market Report December 2023

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 $2,150,00 which equals $700.55 per sq. ft. of living area.

No Claridge By the Sea condos are currently under contract.

There has only been 1 Claridge By the Sea condo sale in the past 12 months.  The sales price was $2,600,000 which is $847.18 per sq. ft. of living area.  This condo sold for 93% of the list price. And, it was on the market for 10 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
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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.  Two detached guest apartments can be reserved for visiting guests by any of the building’s residents.

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

Claridge by the Sea Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla 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 2023

Florida Single Family Homes November 2023 Market Report

Florida Single Family Homes November 2023 Market Report

The Florida Single Family Home real estate market had slightly better closed sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease. Closed sales were up by 4.2% (were down by 5.3% in October). New sales under contract (new pending sales) were down by 1.2% (were up by 8.4% in October).

Prices increased for November when compared to last year.  The (year-to-year) median sales price was up by 3.3% (it was up by 2.0% in October). And, the average sales price was up by 5.6% (it was up by 5.4% last month).

The inventory of available homes for sale increased by 13.9% from last year.  This represents a 3.7 month supply of inventory (November 2022 had a 2.8 month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

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

Previous Florida real estate market report posts.

Florida Single Family Homes November 2023 Market 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 2023 Market Report

 

Miramar Real Estate Market Report December 2023

Miramar Real Estate Market Report December 2023

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

For December 2023, there are 7 Miramar condos on the market on Hutchinson Island. The list prices range from $665,000 up to $862,500. This is an average list price of $807,843 which works out to $507.94 per sq. ft. of living area.

There is 1 Miramar condo currently under contract. The list price was $599,000 which is $519.06 per sq. ft. of living area. This condo was on the market for 7 days before going under contract.

In the past 12 months, 12 Miramar condos have sold. Sales prices ranged from a low of $335,000 up to $785,000. This works out to an average sales price of $637,658 or $452.76 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 57 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
Google Earth image

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 bedrooms 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, 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.

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:
AdmiralAtlantisClaridgeDune WalkEmpressIsland ClubIsland CrestIsland DunesIslandiaMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanriseOcean Bay VillasPrincessRegencySand Dollar ShoresSea WindsVilla 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 2023

Ocean View Condos Market Report December 2023

Ocean View Condos Market Report December 2023

For December 2023, there are 2 condos currently on the market in the Ocean View Condominiums on Hutchinson Island in Stuart FL. The list prices are $575,000 and $640,000. This equals an average list price of $607,500 which is $470.66 per sq. ft. of living area.

There are no Ocean View condos currently under contract.

In the past 12 months, 17 Ocean View condos have sold. Sales prices ranged from $444,000 up to $615,000. This works out to an average sales price of $548,112 or $405.03 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 44 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

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.

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

Ocean View Condos for sale on Hutchinson Island

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:
Angler CoveBeachwood VillasButtonwoodDune CondominiumFairwinds CoveGreen Turtle CoveHutchinson HouseIndian River Plantation CondosIslander 12Jensen Beach ClubLittle Ocean ClubLittle Ocean PlaceMaritimesOcean ViewSailfish PointSandpebbleSeasideSuntide

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 2023

Beachwood Villas Real Estate Market Report December 2023

Beachwood Villas Real Estate Market Report December 2023

For December 2023, 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 has been only 1 Beachwood Villas sale. The sales price was $500,000 or $422.30 per sq. ft. of living area. This condo sold for 87% of the list price. And, it was on the market for 51 days 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
Google Earth image

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
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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

Beachwood Villas condos for sale on Hutchinson Island in Stuart FL

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 2023