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Florida Single Family Homes 2018 1’st Quarter Report

Florida Single Family Homes 2018 1’st Quarter Report

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 1’st Quarter 2018.

Florida Single Family Homes 2018 1'st Quarter Report

The first quarter for 2018 showed weaker sales activity from last year for the Florida single family home market but a continuing increase in sales prices.  Still a very active market.

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

Florida Single Family Homes 2018 1’st Quarter Report

Conquistador Homes and Condos Market Report May 2018

Conquistador Homes and Condos Market Report May 2018

Homes:  There are 2 homes currently on the market in Conquistador Estates.  These homes are listed for $296,500 and $349,888 which averages to $332,092 or $200.75 per sq. ft. of living area.

There is one home currently under contract.  The list price was $279,000 which works out to $105.08 per sq. ft. of living area.  This home was on the market for 119 days prior to going under contract.

In the past 12 months, there have been 7 sales in Conquistador Estates.  Sales prices ranged from $201,000 up to $360,000 for an average sales price of $268,214 which equals $155.72 per sq. ft. of living area.  These homes were on the market for an average of 48 days prior to going under contract and sold for 93% of the listed price.

Condos:  There are currently 2 condos for sale in Conquistador.  Listing prices are $134,888 and $155,000.  The average list price is $144,944 which equals $131.99 per sq. ft. of living area.

4 Condos are under contract awaiting settlement.  List prices ranged from $95,000 up to $138,000 for an average of $114,700 which works out to $113.61 per sq. ft. of living area.  These condos were on the market for an average of 51 days prior to going under contract.

In the past 12 months, 26 condos have sold in Conquistador.  Sales prices ranged from $100,000 up to $220,000.  The average sales price was $140,584 which equals $125.06 per sq. ft. of living area. These sales averaged a 95% list to sales ratio as well as going under contract in an average of 105 days after being listed.

About Conquistador Homes and Condos in Stuart FL:

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 beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, 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 as well as barbecue areas or the main clubhouse pool.

This is a very active senior community with an active clubhouse with 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 that this jewel of the Treasure Coast has to offer.

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 For any questions you May have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Conquistador Homes and Condos Market Report May 2018

Oakbrooke Estates May 2018 Market Report

Oakbrooke Estates May 2018 Market Report

As of may 2018, there were no homes for sale in the Oakbrooke Estates community of Palm City in Martin County Florida.

There is one home under contract.  This home was listed for $550,000 which works out to $149.05 per sq. ft. of living area.  This home was on the market for 53 days prior to going under contract.

In the past 12 months, 5 Oakbrooke Estates homes have sold.  Sales prices ranged from $475,000 up to $515,000 which is an average sales price of $485,000 or $134.12 per sq. ft. of living area.  These homes sold for 97% of the last list price and went under contract in an average of 119 days after being listed.

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City FL

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 in Palm City FL

Oakbrooke Estates real estate in Palm City FL

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 of $180 cover the common areas, security gate, trash pickup and basic cable TV.

Oakbrooke Estates real estate in Palm City FL

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

Oakbrooke Estates real estate in Palm City FL

A wonderful family friendly community of newer palm City Homes.

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

 

Sewalls Point Single Family Market Report April 2018

Sewalls Point Single Family Market Report April 2018

Sewalls Point Real Estate Snapshot, Residential Sales for April 2018

 

There are currently 50 active listings (Up by 2 homes from last month)

Sewalls Point Single Family Market Report April 2018

12 home sales are pending and awaiting close or lender approval (Decreased by 4 homes from March)

Sewalls Point Single Family Market Report April 2018

10 Homes sold in June (Increased by 6 homes sales from March)

Sewalls Point Single Family Market Report April 2018

The single-family real estate market in Sewalls Point had excellent sales activity for April.  Unfortunately, pending sales were off, so I’m not sure how long this good activity will last.

The absorption rate plunged to 5 months, in March was 12 months.  Transitioning into a seller’s market in Sewalls Point for the first time in quite a while.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to March 2016, the inventory was 65 homes on the market, 18 pending sales and there were 7 closed sales.  Sales activity was better this year, but pending sales are not looking so good.

Sewalls Point Single Family Market Report April 2018

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Sewalls Point Single Family Market Report April 2018

 

St Lucie County Single Family Homes March 2018 Market Report

St Lucie County Single Family Homes March 2018 Market Report

St Lucie County Single Family Homes March 2018 Market Report had a decrease in closed sales when compared to last year but remains a very active real estate market. Closed sales were down by 11.1% (in February they were up by 9.7%) and new sales under contract (new pending sales) increased by 2.2% (they were down by 7.8% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 6.4% and 13.5% respectively from last March (For February these numbers were up 6.9% and 7.4%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings decreased by 119 homes down to 1,647 homes.  This inventory is 5.3% lower than last year.  The current supply of homes is  3.6 months (was 3.8 months for February) compared to 3.9 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes March 2018 Market Report

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 2018 Market Report

Martin County Single Family Homes March 2018 Market Report

Martin County Single Family Homes March 2018 Market Report

The Martin County Single Family Homes March 2018 Market Report showed mixed sales reports as compared to last March.  Closed sales were up by 0.4% (was down by 8.6% in February).  While new pending sales decreased by 7.4% as compared to March 2017 (Decreased by 11.1% in February).

Prices, however, continue to go up though at a more moderate rate. The median sales price up by 3.8% from last year (up by 5.7% in February) while the average price increased by 4.5% (was up by 8.5% last month).

The inventory of available single-family homes increased from last month by 5 homes to 1041 units for March,  this is 4.8% less than last March.  The current supply of homes is 5.1 months, for March of last year, it was a 5.5 months supply.  We’re still in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes March 2018 Market Report

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 2018 Market Report

Coral Lakes May 2018 Market Report

Coral Lakes May 2018 Market Report

For may 2018 there are 5 homes available for sale in Coral Lakes in Stuart FL.  These homes are listed from $364,500 up to $750,000 for an average list price of $504,280 which is equal to $194.20 per sq. ft. of living area.

There is one home currently under contract in Coral Lakes.  This home was listed for $385,000 or $205.88 per sq. ft. of living area and was on the market for 48 days before going under contract.

6 homes have sold in the past 12 months in Coral Lakes.  These homes sold for $272,000 up to $449,900 for an average sales price of $370,273 which works out to $179.49 per sq. ft. of living area. These homes were on the market for an average of 75 days before going under contract and sold for 95% of the list price.

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart FL

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.

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was 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.

Coral Lakes real estate in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates, and management (as of March 2018).  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 FL

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.

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

Coral Lakes May 2018 Market Report

The Estuary April 2018 Market Report

The Estuary April 2018 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2018 market report for this gated community:

Homes

There are 8 homes for sale in the Estuary.  List prices range from $292,400 up to $895,000 for an average list price of $494,663 which equals $217.23 per sq. ft. of living area.

There is 1 home currently under contract.  It was listed for $355,000 or $191.27 per sq. ft. of living area and was on the market for 154 days before going under contract

In the past 12 months, 14 homes have sold in the Estuary.  Sales prices ranged from $207,000 up to $729,000 for an average sales price of $313,771 which works out to $175.57 per sq. ft. of living area. These homes sold for an average of 97% of list price and went under contract in an average of 70 days.

Condos

There is 1 condo currently available for purchase in the Estuary.  This condo is listed for $150,000 or $139.66 per sq. ft. of living area.

There are 2 condos currently under contract.  List prices were $159,900 and $180,000 which is an average list price of $169,950 or $160.16.  These condos averaged 9 days on the market prior to going under contract.

In the past 12 months, 4 condos have sold in the Estuary.  Sales prices were from $147,000 up to $181,100 for an average sales price of $159,025 which works out to $137.27 per sq. ft. of living area.  These four condos averaged 32 days on market and sold for an average of 102% of the last list price.

About the Estuary

The Estuary of 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 1980’s 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.

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 1980’s and also called River Shores Plantation.  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.

 Search here for the Estuary of Stuart Homes

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The Estuary April 2018 Market Report

Sewalls Point Single Family Market Report March 2018

Sewalls Point Single Family Market Report March 2018

Sewalls Point Real Estate Snapshot, Residential Sales for March 2018

 

There are currently 48 active listings (Down by 2 homes from last month)

Sewalls Point Single Family Market Report March 2018

16 home sales are pending and awaiting close or lender approval (Increased by 5 homes from February)

Sewalls Point Single Family Market Report March 2018

4 Homes sold in June (Increased by 1 homes sales from February)

Sewalls Point Single Family Market Report March 2018

The single-family real estate market in Sewalls Point showed increased activity when compared to last month but still has much room for improvement.  The inventory of available homes is now very low and affecting sales activity.

The absorption rate fell to 12 months, in February was 16.7 months.  Remaining in a buyer’s market for Sewalls Point single-family homes.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to February 2016, the inventory was 66 homes on the market, 21 pending sales and there were 9 closed sales.  Better activity last March when there was a greater number of homes for sale.

Sewalls Point Single Family Market Report March 2018

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Sewalls Point Single Family Market Report March 2018

 

Martins Crossing Real Estate Market Report March 2018

Martins Crossing Real Estate Market Report March 2018

There are currently 6 homes and townhomes for sale in Martins Crossing.  Prices range from $225,000 to $423,000 for an average list price of $341,217 which equals $141.14 per sq. ft. of living area.

There are 2 homes under contract.  List prices were $249,900 and $289,500 for an average list price of $269,700 which is $169.07 per sq. ft. of living area.  On average these homes went under contract in 58 days.

In the past twelve months, 55 homes have sold in Martins Crossing.  Sales prices ranged from a low of $162,900 to a high of $415,000 for an average sales price of $267,395 which equates to $135.19 per sq. ft. of living area.  These homes sold at an average of 97% of listed price and were under contract in an average of 64 days.

About Martins Crossing in Stuart FL:

Martins Crossing real estate in Stuart FL

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing Real Estate Market Report March 2018, 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 real estate in Stuart FL

Martins Crossing Real Estate Market Report March 2018 community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report March 2018 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.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

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Stuart Florida Estate is presented by:

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Martins Crossing Real Estate Market Report March 2018

St Lucie County Single Family Homes February 2018 Market Report

St Lucie County Single Family Homes February 2018 Market Report

St Lucie County Single Family Homes February 2018 Market Report rebounded for February with stronger closed though still weaker pending sales when compared to last year. Closed sales were up by 9.7% (in January they were down by 3.0%) and new sales under contract (new pending sales) decreased by 7.8% (they were down by 2.4% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 6.9% and 7.4% respectively from last February (For January these numbers were up 11.9% and 8.6%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 18 homes down to 1,766 homes.  This inventory is 2.6% lower than last year.  The current supply of homes is  3.8 months (was also 3.8 months for January) compared to 4.1 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes February 2018 Market Report

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 2018 Market Report

The Meadows Palm City March 2018 Market Report

The Meadows Palm City March 2018 Market Report

There are currently 6 homes for sale in the Meadows in Palm City FL.  List prices range from $147,900 up to $320,000 for an average list price of $264,383 which equals $158.36 per sq. ft. of living area.

There are currently 5 homes under contract in the Meadows.  These homes were listed for prices from $249,900 up to $315,000 for an average list price of $269,340 which is $166.04 per sq. ft. of living area.  These homes averaged 44 days on market before going under contract.

In the past 12 months, there have been 38 sales in the Meadows.  Sales prices ranged from a low of $126,800 up to $400,000 with an average sales price of $239,013 or $146.91 per sq. ft. of living area.  These homes went under contract in an average of 21 days and sold for an average of 97% of their final list price.

About The Meadows Homes in Palm City Florida:

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.

Entrance to the Meadows

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.

Homes in the Meadows

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.

Homes in the Meadows

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 Homebuilding (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 a full-time support staff.

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.

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The Meadows Palm City March 2018 Market Report

Martin County Single Family Homes February 2018 Market Report

Martin County Single Family Homes February 2018 Market Report

The Martin County Single Family Homes February 2018 Market Report had weaker closed sales for the month but an increase in pending sales as compared to last February.  Closed sales were down by 8.6% (was up by 11.0% in January).  While new pending sales decreased by 11.1% as compared to February 2017 (Decreased by 22.0% in January).

Prices were mixed with the median sales price up by 5.7% from last year (down by 2.4% in January) while the average price decreased by 8.5% (was up by 1.2% last month).

The inventory of available single-family homes increased from last month by 3 homes to 1036 units for January,  this is  9.2% less than last February.  The current supply of homes is 5.1 months, for February of last year, it was a 5.8 months supply.  We’re still in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes February 2018 Market Report

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 2018 Market Report

Emerald Lakes Stuart FL March 2018 Market Report

Emerald Lakes Stuart FL March 2018 Market Report

For March 2018 there are 6 homes for sale in Emerald Lakes in Stuart FL.  Listing prices range from $148,000 up to $269,998 for an average list price of $199,233 which equates to $144.42 per sq. ft.

There are currently 5 homes under contract.  List prices are from $145,000 up to $230,000 for an average of $172,560 which equals $130.47 per sq. ft. of living area.  These homes averaged 12 days on the market before going under contract.

In the past 12 months, there have been 41 sales in Emerald Lakes.  Sales prices ranged from $118,000 up to $285,000 for an average of $181,617 or $123.56 per sq. ft. of living space.  These sales prices averaged 96% of list price and were on the market for an average of 42 days before going under contract.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart FL

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 association yet share many of the same amenities.

Emerald Lakes Town Homes and Villas in Stuart FLEmerald Lakes Town Homes and Villas 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.

Emerald Lakes Town Homes and Villas in Stuart FL Emerald Lakes Town Homes and Villas in Stuart FL

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 Town Homes and Villas in Stuart FL

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

Currently Available Homes and Town Homes in Emerald Lakes

Emerald Lakes Stuart FL March 2018 Market Report

 

Sewalls Point Single Family Market Report February 2018

Sewalls Point Single Family Market Report February 2018

Sewalls Point Real Estate Snapshot, Residential Sales for February 2018

 

There are currently 50 active listings (No change in active listings from last month)

Sewalls Point Single Family Market Report February 2018

11 home sales are pending and awaiting close or lender approval (Increased by 1 homes from January)

Sewalls Point Single Family Market Report February 2018

3 Homes sold in June (Decreased by 3 homes sales from January)

Sewalls Point Single Family Market Report February 2018

The single-family real estate market in Sewalls Point had weaker sales results as compared to both last month and last year.  The inventory of available homes continues to be an issue being at very low levels.

The absorption rate jumped to 16.7 months, in January was 8.3 months.  Going back towards a stronger buyer’s market for Sewalls Point single-family homes.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to January 2016, the inventory was 67 homes on the market, 15 pending sales and there were 5 closed sales.  Better activity last February tough there is a lower number of available homes for sale this year.

Sewalls Point Single Family Market Report February 2018

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Sewalls Point Single Family Market Report February 2018

 

St Lucie County Single Family Homes January 2018 Market Report

St Lucie County Single Family Homes January 2018 Market Report

St Lucie County Single Family Homes January 2018 Market Report had weaker sales activity compared to last January. Closed sales were down by 3.0% (in December they were up by 3.3%) and new sales under contract (new pending sales) decreased by 2.4% (they were down by 5.3% last month).

Prices, however, continued to rise.  The median and average sales prices up by 11.9% and 8.6% respectively from last January (For December these numbers were up 6.9% and 4.9%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 168 homes down to 1,748 homes.  This inventory is 5.2% lower than last year.  The current supply of homes is  3.8 months (was 3.4 months for December) compared to 4.1 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes January 2018 Market Report

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 2018 Market Report

Martin County Single Family Homes January 2018 Market Report

Martin County Single Family Homes January 2018 Market Report

The Martin County Single Family Homes January 2018 Market Report showed mixed results to start the year.  Closed sales were up while pending sales (future closed sale) were off.  Closed sales were up by 11.0% (was down by 7.2% in December).  While new pending sales decreased by 22.0% as compared to January 2017 (Decreased by 23.1% in December).

Prices were mixed with the median sales price down by 2.4% from last year (up by 8.8% in December) while the average price increased by 1.2% (was down by 0.6% last month).

The inventory of available single-family homes increased from last month by 108 homes to 1033 units for December,  this is  8.7% less than last January.  The current supply of homes is 5.0 months, for January of last year, it was a 5.8 months supply.  We’re still in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes January 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes January 2018 Market Report

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 2018 Market Report

St Lucie County Single Family Home Sales 2017 Yearly Review

St Lucie County Single Family Home Sales 2017 Yearly Review

The St Lucie County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had improved market activity for single family homes throughout the year of 2017.   Year to year closed sales was up by 4.3% (was down by 1.6% in 2016) and new sales under contract (new pending sales) increased by 0.8% (was down by 3.8% in 2016).

St Lucie County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices were up (2016 to 2017) by 13.9% and 10.6% respectively.   Showing strong gains in value, but not quite as much as in the last two years.  These numbers were 16.1% and 15.9% respectively in 2016.

The inventory of available homes for sale decreased by 8.5% from 2016 (When there was a 6.6% increase).  While the months supply of homes dropped to 3.4 months from 3.9 months for 2016.  Still in a strong sellers market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2017 Yearly Review

To view the complete 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 Home Sales 2017 Yearly Review

Martin County Single Family Home Sales 2017 Yearly Review

Martin County Single Family Home Sales 2017 Yearly Review

The Martin County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors showed better activity when compared to 2016 for the Martin County single family housing market.   Year to year closed sales was up by 2.7% (was down by 4.1% in 2016) and new sales under contract (new pending sales) decreased by 0.3% (was down by 8.1% in 2016).

Martin County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices continued to rise (2016 to 2017) by 8.7% and 9.4% respectively.  These values were 4.3% and 0.0% respectively in 2016.

The inventory of available homes for sale decreased by 7.3% from 2016.  While the months supply of homes decreased to 4.5 months.  Still a seller’s market.  Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2017 Yearly Review

To view the complete 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 Home Sales 2017 Yearly Review

Florida Single Family Home Sales 2017 Yearly Review

Florida Single Family Home Sales 2017 Yearly Review

The Florida Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors shows that this last year continued the positive momentum with slightly greater rate than last year.   Year to year closed sales were up by 1.2% (was up by 0.9% in 2016) and new sales under contract (new pending sales) increased by 0.1% (was down by 4.1% in 2016).

Florida Single Family Home Sales 2017 Yearly Review

Both median and average sales prices were up (2016 to 2017) by 8.0% and 7.8% respectively.   Showing continued gains in value.  These numbers were 12.2% and 6.2% respectively in 2016.

The inventory of available homes for sale decreased by 7.1% from 2016.  While the months supply of homes decreased to 3.6 months.  Indicating that Florida single-family homes are still in a seller’s market.

Click here to view or download the full report:
Florida Single Family Home Sales 2017 Yearly Review

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 2017 Yearly Review