Search Results for: St Lucie County Single Family Homes Market Report

Florida Single Family Home Sales 2023 Yearly Review

01.20.24 by

Florida Single Family Home Sales 2023 Yearly Review

The Florida Single Family Home Sales for 2023 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 10.3% (down by 18.0% in 2022) and new sales under contract (new pending sales) decreased by 7.1% (down by 21.1% in 2022).

Florida Single Family Home Sales 2023 Yearly Review

Click here for the full report

Both median and average sales prices were up (2022 to 2023) by 1.9% and 2.1% respectively.   These numbers were 15.7% and 11.3% respectively for 2022. Prices are not rising as fast as in previous years.

The inventory of available homes for sale increased by 17.8% from 2022.  While the month’s supply of homes increased to 3.6 months.  Indicating that the Florida single-family home market is still in a seller’s market.

Click here to view or download the full report:
2023 Florida Single Family Home Sales Review

View previous Florida Single Family Home Yearly Reviews

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

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

Florida Single Family Home Sales 2023 Yearly Review

St Lucie County Single Family Homes November 2023 Market Report

12.24.23 by

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
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 November 2023 Market Report

Martin County Single Family Homes November 2023 Market Report

12.22.23 by

Martin County Single Family Homes November 2023 Market Report

The Martin County Single Family Homes Market Report showed surprisingly improved activity compared to last year. Even as we continue to face economic uncertainties, though mortgage rates appear to have peaked and have started to decline. The inventory of available homes for sale declined for the second month in a row. Closed sales were up by 24.5% from last year (they were up by 19.4% in October). At the same time, new pending sales increased by 8.8% compared to last year (which increased by 10.7% last month).

Prices were up for November as compared to last year.  The median sales price increased from last year by 12.8% (up by 0.7% in October) while the average sales price increased by 41.8% (down by 21.1% last month).

The inventory of available single-family homes increased by 49 homes to 585. This is a 12.5% greater inventory than last November.  The current supply of homes is 3.6 months.  For November of last year, it was 3.1 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

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

Martin County Single Family Homes November 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 November 2023 Market Report

Florida Single Family Homes November 2023 Market Report

12.20.23 by

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
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes November 2023 Market Report

 

River Watch Real Estate Market Report December 2023

12.07.23 by

River Watch Real Estate Market Report December 2023

For December 2023, there are no homes available for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.

There is 1 River Watch home currently under contract. The list price was $985,000 which is $501.78 per sq. ft. of living area. This home was on the market for 8 days before going under contract.

There has been only 1 River Watch sale in the past 12 months. The sales price was $630,000 which equals $394.98 per sq. ft. of living area. This home was on the market for 27 days before going under contract. And, the sales price was 101% of the last list price.

Click here to view recent River Watch market reports!

About River Watch on Hutchinson Island:

River Watch on Hutchinson Island in Jensen Beach Florida
Google Earth image

River Watch is located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line.  These are single-family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area.  Many homes have private docks and access to the Intracoastal Waterway which is also known as the Indian River.  There are 30 homes in this community off of Aqua Ra Road which accesses both subdivisions from A-1-A.

Most of these homes are waterfront with access to the Intracoastal Waterway.   Suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors.   Thus, only human or electric power for that initial stretch of water.

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island. Simply by walking across the street to their private beach. Or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable HOA fee which includes your landscaping as well as basic cable TV.

An excellent location makes it easy to go grocery shopping, boating, and spend days on the beach, and restaurants.  Enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

River Watch homes for sale on Hutchinson Island

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 Watch Real Estate Market Report December 2023

Heronwood Real Estate Market Report November 2023

11.29.23 by

Heronwood Real Estate Market Report November 2023

As of November 2023, there is only 1 home for sale in the Heronwood community in the Martin Downs Country Club in Palm City FL.  This home has a list price of $675,000 which equals $330.07 per sq. ft. of living area.

There are no Heronwood homes currently under contract.

In the past 12 months, 4 Heronwood homes have sold.  Sales prices ranged from $455,000 up to $510,000.  This equals an average sales price of $480,000 which works out to $250.81 per sq. ft. of living area.  These homes sold for an average of 96% of the list price.  And, they were on the market for an average of 46 days before going under contract.

Click here to view the previous Heronwood market report!

About Heronwood in Martin Downs:

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

A subdivision of 150 homes in the Martin Downs Country Club of Palm City, FL. Heronwood consists of single-family homes that were built between 1983 and 1987.  Homes range in size from smaller 2 bedroom, 2 bathroom homes with a den at 1,567 sq. ft. of living area with garages up to spacious 4 bedroom, 3 bathroom homes with over 3,000 sq. ft. of living area.

Heronwood in Martin Downs Palm City FL

Homes in Heronwood have access to the golf course and community facilities available in the Martin Downs Country Club and many of these homes feature golf course and/or lake/pond views.  As of June 2019, the HOA fees in Heronwood are a very reasonable $149.00 a month.  Heronwood allows up to two large pets per home and rentals are also allowed with some restrictions.  All ages are welcome in this country club community.

The Martin Downs Country Club offers 24-hour gated security along with patrols for the safety and security of all residents.  Enjoy the full-service professional golf course, dining facility, and the Martin Downs sports complex for those wishing for the active Florida lifestyle.  (Memberships in these facilities are extra and check for the current fees.)

Heronwood in Martin Downs Palm City FL

Close to shopping, Florida’s Turnpike, the beaches and waterways that Martin County has to offer, and in an ‘A’ rated school district.  The Heronwood community is a beautiful place to call home.

Heronwood in Martin Downs

Here are the currently available Heronwood Homes for Sale

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

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

Heronwood Real Estate Market Report November 2023

St Lucie County Single Family Homes October 2023 Market Report

11.27.23 by

St Lucie County Single Family Homes October 2023 Market Report

The October 2023 St Lucie County Single Family real estate market showed slightly better sales activity when compared to last year. The inventory of homes for sale decreased in October and we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked. Closed sales were up by 5.6% for the month compared to last year (in September they were down by 5.2%). New sales under contract (new pending sales) decreased by 6.0% (they were down by 1.8% last month).

Prices were up for October when compared to last year.  The median sales price was up by 4.9% (was up by 0.5% in September).  The average sales price was up by 8.5% (it was up by 0.3% in September).

The number of available homes for sale increased by 147 homes to 1,555 units.  This inventory is 10.8% less than last year.  The current supply of homes is 3.3 months (it was 3.0 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 October 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 October 2023 Market Report

Martin County Single Family Homes October 2023 Market Report

11.25.23 by

Martin County Single Family Homes October 2023 Market Report

The Martin County Single Family Homes Market Report showed better-closed activity compared to last year. We continue to face economic uncertainties though mortgage rates appear to have peaked and have started to decline. The inventory of available homes for sale declined for the second month in a row. Closed sales were up by 19.4% from last year (they were down by 10.0% in September). At the same time, new pending sales increased by 10.7% compared to last year (which increased by 24.2% last month).

Prices were mixed for October as compared to last year.  The median sales price increased from last year by 0.7% (up by 4.8% in September) while the average sales price decreased by 21.1% (down by 5.3% last month).

The inventory of available single-family homes increased by 75 homes to 536. This is a 2.9% greater inventory than last October.  The current supply of homes is 3.3 months.  For October of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes October 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 October 2023 Market Report

Florida Single Family Homes October 2023 Market Report

11.22.23 by

Florida Single Family Homes October 2023 Market Report

The Florida Single Family Home real estate market had slightly weaker closed sales activity when compared to last year. We continue to face headwinds with some economic uncertainties, though it appears that mortgage rates may have started to decrease. Closed sales were down by 5.3% (were up by 6.1% in September). New sales under contract (new pending sales) were up by 8.4% (were down by 0.1% in September).

Prices increased slightly for October when compared to last year.  The (year-to-year) median sales price was up by 2.0% (it was up by 1.3% in September). And, the average sales price was up by 5.4% (it was up by 7.5% last month).

The inventory of available homes for sale increased by 3.5% from last year.  This represents a 3.5-month supply of inventory (October 2022 had a 2.7-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 October 2023 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes October 2023 Market Report

 

River Marina Real Estate Market Report November 2023

11.09.23 by

River Marina Real Estate Market Report November 2023

For November 2023, there are 2 homes available for sale in River Marina in Stuart FL. The list prices are $365,000 and $374,900. This is an average list price of $369,950 or $235.77 per sq. ft. of living area.

There are also 2 River Marina properties currently under contract. The list prices were $350,000 and $369,000. This equals an average list price of $359,500 which is $230.56 per sq. ft. of living area. These homes were on the market for an average of 25 days before going under contract.

In the past 12 months, 13 River Marina homes have sold.  Sales prices ranged from $335,000 up to $490,000.  The average sales price was $373,338 which works out to $227.75 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 33 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
Google Earth image

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
Google Earth image

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.

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 November 2023

Conquistador Real Estate Market Report November 2023

11.02.23 by

Conquistador Real Estate Market Report November 2023

Homes:  There is 1 home currently on the market in Conquistador Estates. The list price is $539,000 or $294.21 per sq. ft. of living area.

There are 2 Conquistador homes currently under contract. The list prices were $525,000 and $549,900. This is an average list price of $537,450 which equals $268.87. These homes averaged 90 days on the market before going under contract.

No Conquistador homes have sold in the past 12 months.

Condos: There are currently 8 condos for sale in Conquistador.  The list prices range from $199,050 up to $319,000. This is an average list price of $265,419 or $246.18 per sq. ft. of living area.

There are 2 Conquistador condos under contract at this time. The list prices were $240,000 and $295,000. This is an average list price of $267,500 which works out to $245.64 per sq. ft. of living area. These condos averaged 75 days on the market before going under contract.

In the past 12 months, 14 Conquistador condos have sold.  Sales prices ranged from $175,000 up to $299,000.  The average sales price was $244,671 which equals $237.03 per sq. ft. of living area. These sales averaged 97% of the list price. And, they went under contract in an average of 80 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 which is 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 November 2023

St. Lucie County Single Family Homes 2023 3rd Quarter Report

10.29.23 by

St. Lucie County Single Family Homes 2023 3rd Quarter Report

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

St. Lucie County Single Family Homes 2023 3rd Quarter Report

For the 3rd quarter of 2023, the St Lucie County single-family home real estate market continued the trend of reduced sales volume. Prices, however, rose for the quarter at a slower rate.  But, high loan costs and a low inventory are keeping buyers at bay. I doubt we will see any improvement any time soon until interest rates start to decline.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2023 3rd Quarter Report

The Estuary Real Estate Market Report October 2023

10.28.23 by

The Estuary Real Estate Market Report October 2023

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

Homes

There are 2 homes currently available for sale in the Estuary. The list prices are $550,000 and $725,000. This is an average list price of $637,500 or $301.06 per sq. ft. of living area.

There are also no Estuary homes currently under contract.

In the past 12 months, 5 Estuary homes have sold.  Sales prices ranged from $440,000 up to $1,120,000.  This equals an average sales price of $676,000 which works out to $332.88 per sq. ft. of living area. These homes sold for an average of 93% of the list price. And, went under contract in an average of 74 days.

Condos

There is 1 condo currently for sale in the Estuary. The list price is $298,500 which is $289.81 per sq. ft. of living area.

There are no Estuary condos currently under contract.

In the past 12 months, 6 Estuary condos have sold.  Sales prices ranged from $245,000 up to $495,000.  This equals an average sales price of $359,667 which works out to $314.05 per sq. ft. of living area.  These condos averaged 52 days on the market before going under contract. And, sold for an average of 93% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

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 1980s vintage homes, to newer villas as well as waterfront homes with deep water docks.


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 21st 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 October 2023

St Lucie County Single Family Homes September 2023 Market Report

10.23.23 by

St Lucie County Single Family Homes September 2023 Market Report

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

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

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

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes September 2023 Market Report

Martin County Single Family Homes September 2023 Market Report

10.21.23 by

Martin County Single Family Homes September 2023 Market Report

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

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

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

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

Martin County Single Family Homes September 2023 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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

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

Martin County Single Family Homes September 2023 Market Report

Florida Single Family Homes September 2023 Market Report

10.19.23 by

Florida Single Family Homes September 2023 Market Report

The Florida Single Family Home real estate market continues to show some improved sales activity when compared to last year. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 6.1% (were down by 7.9% in August). New sales under contract (new pending sales) were down by 0.1% (were down by 11.7% in August).

Prices increased slightly for September when compared to last year.  The (year-to-year) median sales price was up by 1.3% (it was up by 2.0% in August). And, the average sales price was up by 7.5% (it was up by 3.7% last month).

The inventory of available homes for sale increased by 4.0% from last year.  This represents a 3.2-month supply of inventory (September 2022 had a 2.5-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 September 2023 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes September 2023 Market Report

 

St Lucie County Single Family Homes August 2023 Market Report

09.25.23 by

St Lucie County Single Family Homes August 2023 Market Report

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

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

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

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes August 2023 Market Report

Martin County Single Family Homes August 2023 Market Report

09.23.23 by

Martin County Single Family Homes August 2023 Market Report

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

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

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

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

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

Click here to view the previous Martin County single-family homes market reports

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

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

Martin County Single Family Homes August 2023 Market Report

Florida Single Family Homes August 2023 Market Report

09.21.23 by

Florida Single Family Homes August 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year. After numerous months of rising inventory, August showed unchanged numbers. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.9% (were down by 6.4% in July). New sales under contract (new pending sales) were down by 11.7% (were down by 0.8% in July).

Prices increased slightly for August when compared to last year.  The (year-to-year) median sales price was up by 2.0% (it was up by 0.7% in July). And, the average sales price was up by 3.7% (it was up by 2.2% last month).

The inventory of available homes for sale increased by only 0.2% from last year.  This represents a 3.0-month supply of inventory (August 2022 had a 2.4-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 August 2023 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes August 2023 Market Report

 

Martins Crossing Real Estate Market Report September 2023

09.06.23 by

Martins Crossing Real Estate Market Report September 2023

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

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

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

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
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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 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 September 2023