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

The Estuary Real Estate Market Report April 2023

04.21.23 by

The Estuary Real Estate Market Report April 2023

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

Homes

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

There are also no Estuary homes currently under contract.

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

Condos

There are no condos currently for sale in the Estuary.

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

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

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

Estuary homes and condos for sale:

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

Recent Estuary sales:


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

The Estuary real estate in Stuart FL

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

The Estuary real estate in Stuart FL

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

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

The Estuary real estate search in Stuart FL

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

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

The Estuary Real Estate Market Report April 2023

St Lucie County Single Family Homes February 2023 Market Report

03.25.23 by

St Lucie County Single Family Homes February 2023 Market Report

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

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

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes February 2023 Market Report

Martin County Single Family Homes February 2023 Market Report

03.23.23 by

Martin County Single Family Homes February 2023 Market Report

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

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

The inventory of available single-family homes decreased by 15 units from last month to 515. This is a 189.3% greater inventory than last February.  The current supply of homes is 3.3 months.  For February of last year, it was 0.8 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

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

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

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

Martin County Single Family Homes February 2023 Market Report

Florida Single Family Homes February 2023 Market Report

03.21.23 by

Florida Single Family Homes February 2023 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Price increases seem to have moderated, which may indicate future increased activity. Closed sales were down by 21.3% (were down by 32.5% in January). New sales under contract (new pending sales) were down by 11.6% (were down by 19.4% in January).

Prices rose for February, though at a reduced rate.  The (year-to-year) median sales price rose by 3.5% (it was up by 4.0% in January). And, the average sales price was down by 1.8% (it was up by 5.2% last month).

The inventory of available homes for sale increased by 131.4% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (February 2021 had a 0.9 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes February 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 February 2023 Market Report

 

Martins Crossing Real Estate Market Report March 2023

03.05.23 by

Martins Crossing Real Estate Market Report March 2023

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

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

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

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
Google Earth image

Martins Crossing homes for sale:

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

Martins Crossing in Stuart Florida
Google Earth image

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
Google Earth image

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

Recently sold Martins Crossings homes:

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Real Estate Market Report March 2023

St Lucie County Single Family Homes January 2023 Market Report

02.25.23 by

St Lucie County Single Family Homes January 2023 Market Report

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

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

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes January 2023 Market Report

Martin County Single Family Homes January 2023 Market Report

02.23.23 by

Martin County Single Family Homes January 2023 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Closed sales were down by 20.4% from last year (they were down by 37.6% in December). At the same time, new pending sales decreased by 15.6% compared to last year (which decreased by 31.8% last month).

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

The inventory of available single-family homes increased by 31 units from last month to 530. This is a 248.7% greater inventory than last January.  The current supply of homes is 3.3 months.  For January of last year, it was 0.7 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

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

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

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

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

Martin County Single Family Homes January 2023 Market Report

Florida Single Family Homes January 2023 Market Report

02.21.23 by

Florida Single Family Homes January 2023 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated, which may indicate future increased activity. Closed sales were down by 32.5% (were down by 36.1% in December). New sales under contract (new pending sales) were down by 19.4% (were down by 31.5% in December).

Prices were up for January.  The (year-to-year) median sales price rose by 4.0% (it was up by 5.6% in December). And, the average sales price was down by 5.2% (it was up by 4.0% last month).

The inventory of available homes for sale increased by 134.2% from last year.  This represents a 2.8 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (January 2021 had a 1.0 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes January 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 January 2023 Market Report

 

Mariner Cay Real Estate Market Report February 2023

02.13.23 by

Mariner Cay Real Estate Market Report February 2023

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

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

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

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

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

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

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

Click here to view the previous Mariner Cay market report!

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida
Google Earth image

Mariner cay homes and condos for sale:

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

Recent Mariner Cay sales:

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

Mariner Cay in Stuart Florida

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

The Mariner Cay Marina offers the following benefits:
  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to the marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.
Mariner Cay in Stuart Florida
Google Earth image

With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the property’s benefits. Mariner Cay real estate offers amenities like:  

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

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

Search Mariner Cay Real Estate

Recent market reports:

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

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

Mariner Cay Real Estate Market Report February 2023

St Lucie County Single Family Homes December 2022 Market Report

02.05.23 by

St Lucie County Single Family Homes December 2022 Market Report

The December 2022 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased sales activity. Closed sales were down by 39.1% for the month compared to last year (in November they were down by 33.8%). New sales under contract (new pending sales) decreased by 25.6% (they were down by 44.1% last month).

Year-to-year prices were also up in December but at a slower pace.  The median sales price was up by 14.0% (was up by 16.1% in November).  The average sales price was up by 2.7% (it was up by 12.6% in November).

The number of available home listings decreased by 132 homes to 1,692 units.  This inventory is 170.7% greater than last year.  The current supply of homes is 3.1 months (it was 1.0 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2022 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes December 2022 Market Report

Martin County Single Family Homes December 2022 Market Report

02.03.23 by

Martin County Single Family Homes December 2022 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Prices have dropped for the last two months which may be an indication for future increased sales activity. Closed sales were down by 37.6% from last year (they were down by 45.4% in November). At the same time, new pending sales decreased by 31.8% compared to last year (which decreased by 36.7% last month).

Year-to-year prices were down for the month of December.  The median sales price decreased from last year by 3.4% (down by 4.0% in November) while the average sales price decreased by 18.8% (down by 7.0% last month).

The inventory of available single-family homes decreased by 21 units from last month to 499. This is a 185.1% greater inventory than last December.  The current supply of homes is 3.1 months.  For December of last year, it was 0.8 months of supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

Martin County Single Family Homes December 2022 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes December 2022 Market Report

Florida Single Family Homes December 2022 Market Report

02.01.23 by

Florida Single Family Homes December 2022 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased activity. Closed sales were down by 36.1% (were down by 38.2% in November). New sales under contract (new pending sales) were down by 31.5% (were down by 36.8% in November).

Prices were mixed for December.  The (year-to-year) median sales price rose by 5.6% (it was up by 9.6% in November). And, the average sales price was down by 4.0% (it was up by 5.5% last month).

The inventory of available homes for sale increased by 116.8% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (December 2021 had a 1.0 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes December 2022 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes December 2022 Market Report

 

St. Lucie County Single Family Homes 2022 4th Quarter Report

01.30.23 by

St. Lucie County Single Family Homes 2022 4th 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 2022 4th Quarter Report

For the 4th quarter of 2022, the St Lucie County single-family home real estate market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

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 2022 4th Quarter Report

St Lucie County Single Family Home Sales 2022 Yearly Review

01.24.23 by

St Lucie County Single Family Home Sales 2022 Yearly Review

The St Lucie County Single Family Home Sales for 2022 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. Year-to-year closed sales were down by 10.0% (were up by 14.6% in 2021) and new sales under contract (new pending sales) decreased by 18.0% (were up by 8.9% in 2021).

St Lucie County Single Family Home Sales 2022 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2022 by 23.6% and 20.5% respectively.   These numbers were 23.0% and 26.3% respectively in 2021.

The inventory of available homes for sale increased by 170.7% from 2021 (When there was a 32.9% decrease).  While the monthly supply of homes increased to 3.1 months from 1.0 months in 2021.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2022 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

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 2022 Yearly Review

Martin County Single Family Home Sales 2022 Yearly Review

01.22.23 by

Martin County Single Family Home Sales 2022 Yearly Review

The Martin County Single Family Home Sales for 2022 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. Year-to-year closed sales were down by 30.1% (were up by 5.4% in 2021) and new sales under contract (new pending sales) decreased by 30.3% (was down by 1.9% in 2021).

Martin County Single Family Home Sales 2022 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2021 to 2022) by 17.8% and 7.2% respectively.  This rate while positive is not as high as last year which was 19.9% and 35.9% respectively in 2021.

The inventory of available homes for sale rose by 185.1% from 2021.  While the monthly supply of homes increased to 3.1 months. Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor the buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2022 Yearly Review

Click here to view previous Martin County yearly reviews!

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 2022 Yearly Review

Florida Single Family Home Sales 2022 Yearly Review

01.20.23 by

Florida Single Family Home Sales 2022 Yearly Review

The Florida Single Family Home Sales for 2022 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. Year-to-year closed sales were down by 18.0% (up by 12.9% in 2021) and new sales under contract (new pending sales) decreased by 21.1% (up by 5.7% in 2021).

Florida Single Family Home Sales 2022 Yearly Review
Click here for the full report

Both median and average sales prices were up (2021 to 2022) by 15.7% and 11.3% respectively.   These numbers were 20.0% and 25.8% respectively for 2021.

The inventory of available homes for sale increased by 116.8% from 2021.  While the month’s supply of homes increased to 2.7 months.  Indicating that Florida single-family home market is still in a seller’s market.

Click here to view or download the full report:
2022 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 2022 Yearly Review

St Lucie County Single Family Homes November 2022 Market Report

12.27.22 by

St Lucie County Single Family Homes November 2022 Market Report

The November 2022 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 33.8% for the month compared to last year (in October they were down by 24.6%). New sales under contract (new pending sales) decreased by 44.1% (they were down by 35.1% last month).

Year-to-year prices were also up in November at stubbornly high rates.  The median sales price was up by 16.1% (was up by 13.3% in October).  The average sales price was up by 12.6% (it was up by 6.8% in October).

The number of available home listings increased by 80 homes to 1,824 units.  This inventory is 159.1% greater than last year.  The current supply of homes is 3.2 months (it was 1.2 months last year).  The St Lucie County single-family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes November 2022 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes November 2022 Market Report

Martin County Single Family Homes November 2022 Market Report

12.23.22 by

Martin County Single Family Homes November 2022 Market Report

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

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

The inventory of available single-family homes decreased by 1 unit from last month to 520. This is a 125.1% greater inventory than last November.  The current supply of homes is 3.1 months.  For November of last year, it was 1.0 months of supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes November 2022 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes November 2022 Market Report

Florida Single Family Homes November 2022 Market Report

12.21.22 by

Florida Single Family Homes November 2022 Market Report

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

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

The inventory of available homes for sale increased by 105.2% from last year.  This represents a 2.8 months supply of inventory. Florida remains in a seller’s market with a major advantage for sellers. (November 2021 had a 1.2 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes November 2022 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes November 2022 Market Report

 

St. Lucie County Single Family Homes 2022 3rd Quarter Report

12.02.22 by

St. Lucie County Single Family Homes 2022 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 2022 3rd Quarter Report

Sales volume declined and prices increased in the 3rd quarter of 2022 when compared to the same period last year.  The good news is that inventory is beginning to increase. The bad news is that it’s not enough yet and there are also higher prices and interest rates. This is causing a market that is in transition, though I think it will take some time and may be painful for both buyers and sellers of residential real estate before we see significant improvement.

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