Search Results for: florida townhouses and condos market report

Schooner Oaks Real Estate Market Report January 2024

01.02.24 by

Schooner Oaks Real Estate Market Report January 2024

As of January 2024, there are 8 homes for sale in Schooner Oaks in Rocky Point in Stuart, FL. The list prices ranged from $359,000 up to $990,000. This is an average list price of $495,875 or $284.01 per sq. ft. of living area.

There are no Schooner Oaks homes under contract at this time.

In the past 12 months, 4 Schooner Oaks homes have sold. The sales prices ranged from $410,000 up to $1,250,000. This works out to an average sales price of $655,000 which equals $374.03 per sq. ft. of living area. These homes went under contract in an average of 34 days after being listed. And, they sold for an average of 99% of the list price.

Click here to view the previous Schooner Oaks market report!

About Schooner Oaks in Rocky Point:

Schooner Oaks in Rocky Point in Martin County Florida
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The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse-style complex under condo association rules. There are 86 units of varying sizes that were built from 1985 till 1997.

Schooner Oaks in Rocky Point in Martin County Florida
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These townhouses vary from the largest one with 4 bedrooms and 4 bathrooms and 2,140 sq. ft. of living area down to 2 bedrooms, 2 bath condos with around 1,400 sq. ft. of living area. Most units come with an attached single-car garage.

Residents enjoy the use of a clubhouse with billiards, a fitness room, a heated pool, a spa, and tennis courts. There’s a waterfront gazebo with a day dock and fishing pier off the Intracoastal Waterway with views toward the Saint Lucie Inlet of the Atlantic Ocean.

Schooner Oaks in Rocky Point

This is a pet-friendly community allowing for up to two large pets. Rentals are also allowed and there are some vehicle restrictions. The current HOA fees are $570 per month. These fees cover Assessment Fee, Cable, Common Areas, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Insurance-Other, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Maintenance Exterior, Management Fees, Manager, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, and Trash Removal.

Schooner Oaks in Rocky Point

Search here for any available Schooner Oaks Condos for sale

Schooner Oaks home search

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.

Schooner Oaks Real Estate Market Report January 2024

St Lucie County Townhouses and Condos November 2023 Market Report

12.26.23 by

St Lucie County Townhouses and Condos November 2023 Market Report

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

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

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

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

St Lucie County Townhouses and Condos November 2023 Market Report
Click 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 Townhouses and Condos November 2023 Market Report

Martin County Townhouses and Condos November 2023 Market Report

12.23.23 by

Martin County Townhouses and Condos November 2023 Market Report

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

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

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

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

Martin County Townhouses and Condos November 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos November 2023 Market Report

Crestwood Townhomes Real Estate Market Report December 2023

12.18.23 by

Crestwood Townhomes Real Estate Market Report December 2023

There are no townhomes available for purchase in the Crestwood townhome community of Stuart FL in December 2023.

There are also no Crestwood townhomes currently under contract.

In the past 12 months, 3 Crestwood townhome condos have sold. The sales prices ranged from $340,000 to $386,000. This is an average sales price of $366,667 which equals $197.09 per sq. ft. of living area. These homes sold for an average of 96% of the last list price. And, they went under contract in an average of 74 days after being listed.

Click here to view the previous Crestwood market report!

About Crestwood Townhome Condos:

Crestwood Townhomes in Stuart Florida
Google Earth image

The townhome community of Crestwood in Stuart FL consists of 36 townhouses that are deeded under condo rules. There are 9 buildings, each with 4 homes. This complex had the first units completed in 1983 with a couple of the buildings finished in 2003 and 2006.

Crestwood Townhomes in Stuart Florida

All of these townhomes are spacious units with a minimum of 2 bedrooms and 2 and ½ baths of 1.634 sq. ft. and two-car garages up to 3 bedroom (possibly 4 bedroom) 2 and ½ bath units with 2,377 sq. ft. of living area and a 2 car garage.

The condo fees are $440 per month, which includes building insurance and maintenance of the outside, common area maintenance, insurance, pest control, landscaping, and lawn maintenance, reserve funds, and roofs. There is a community pool with a gazebo and barbecue area.

All ages are welcome and 1 medium-sized pet is OK. Rentals are permitted after 1 year of ownership. Children are zoned for Pinewood Elementary School, David L. Anderson Middle School, and South Fork High School.

Crestwood Townhomes in Stuart Florida

This complex is located on the corner of Cove Road and Kanner Highway making for easy access to I-95 for those needing to commute to points south or north. West Palm Beach is only 30 minutes away while both Miami and Orlando are approximately a 2-hour trip.

There’s a Publix shopping center just down the street and the Manatee Pocket can be reached in only minutes for those interested in boating or some great fresh seafood restaurants. Historic downtown Stuart FL is only 15 minutes away and only a few minutes further to the crystal clear blue waters of the Atlantic Ocean beaches.

Come to see why these Crestwood Condo-Townhomes are such an excellent opportunity.

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Click here to see if any Crestwood Condo-Townhomes are available for sale

Crestwood Condo Townhomes for sale

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.

Crestwood Townhomes Real Estate Market Report December 2023

St Lucie County Townhouses and Condos October 2023 Market Report

11.28.23 by

St Lucie County Townhouses and Condos October 2023 Market Report

The St Lucie County Townhouses and Condos market showed stronger sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked. Closed sales were up by an impressive 36.8% from last year (were unchanged in September). New pending sales were up by 8.6% (they were down by 6.3% last month).

Prices were up for October. The median price increased by 12.5% from last year (was up by 14.5% in September) and the average sales price increased by 12.8% (was up by 7.8% % in September).

The available townhouses and condos inventory increased by 58 units from last month to 463 residences. This is a 78.8% greater inventory than we had in October 2022. The current inventory supply is 5.4 months, as compared to 2.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos October 2023 Market Report
Click 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 Townhouses and Condos October 2023 Market Report

Martin County Townhouses and Condos October 2023 Market Report

11.26.23 by

Martin County Townhouses and Condos October 2023 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak. Closed sales for the month were down by 30.9%.  They were down by 15.5% in September.  New sales under contract (new pending sales) were up by 13.3% from last year.  They were down by 10.4% in September.

Prices were mixed for October.  The median sales price decreased by 1.6% (was down by 4.7% last month). And, the average sales price increased by 24.2% (was up by 1.1% in September).

The available townhouses and condos inventory increased by 41 units to 376 properties.  This is a 53.5% greater supply of inventory than we had in October 2022.  Currently, there’s a 4.4-month supply of inventory (compared to 2.6 months for October 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos October 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos October 2023 Market Report

St. Lucie County Townhouses and Condos 2023 3rd Quarter Report

10.30.23 by

St. Lucie County Townhouses and Condos 2023 3rd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 3rd Quarter of 2023.

St. Lucie County Townhouses and Condos 2023 3rd Quarter Report

For the 3rd quarter of 2023, the Saint Lucie Count townhouses and condo real estate market bucked the trend of reduced sales volume with an increase in closed sales. Prices were also up for the quarter. Inventory is continuing to increase and this may have helped with the increase in sales for the quarter.  However, I believe we are a long way from seeing a more vibrant Saint Lucie County real estate market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2023 3rd Quarter Report

Martin County Townhouses and Condos 2023 3rd Quarter Report

10.28.23 by

Martin County Townhouses and Condos 2023 3rd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2023 3rd Quarter Report
Martin County Townhouses and Condos 2023 3rd Quarter Report

For the Martin County townhouses and condos real estate market, a small blip of increased sales volume. Though, new pending sales are down, indicating that this trend will most likely be short-lived.  Prices were mixed when compared to this quarter last year.  Along with the rising interest rates, this is not a good sign for the future. I doubt that we will see any improvement in this market until rates begin to recede.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2023 3rd Quarter Report

Florida Townhouses and Condos 2023 3rd Quarter Report

10.26.23 by

Florida Townhouses and Condos 2023 3rd Quarter Report

Click the image below to view the 2023 3rd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2023 3rd Quarter Report

For the 3rd quarter of 2023, the Florida townhouse and condo real estate market continued the trend of reduced sales volume. Prices appear to have moderated and only rose modestly for this quarter. Inventory is continuing to increase, but it is not bringing in more buyers to date mainly due to the currently high interest rates.  I doubt that we will see any improvement in this market until rates begin to recede.

Click here to view/download the full report

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2023 3rd Quarter Report

St Lucie County Townhouses and Condos September 2023 Market Report

10.24.23 by

St Lucie County Townhouses and Condos September 2023 Market Report

The St Lucie County Townhouses and Condos market showed slightly weaker sales activity when compared to last year. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were unchanged from last year (were up by 38.3% in August). New pending sales were down by 6.3% (they were up by 31.7% last month).

Prices were up for September. The median price increased by 14.5% from last year (was up by 18.2% in August) and the average sales price increased by 7.8% (was up by 13.9% % in August).

The available townhouses and condos inventory increased by 29 units from last month to 405 residences. This is a 68.8% greater inventory than we had in September 2022. The current inventory supply is 4.8 months, as compared to 2.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos September 2023 Market Report
Click 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 Townhouses and Condos September 2023 Market Report

Maritimes Real Estate Market Report October 2023

10.24.23 by

Maritimes Real Estate Market Report October 2023

As of October 2023, there are 2 condos available for sale in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL. The list prices are $1,040,000 and $1,100,000. This is an average list price of $1,070,000 which is $558.80 per sq. ft. of living area.

There are no Maritimes condos currently under contract.

There have been 3 sales in the Maritimes in the past 12 months.  The sales prices ranged from $628,000 up to $700,000. This is an average sales price of $664,333 which equals $429.99 per sq. ft. of living area. These condos sold for an average of 98% of the last list price. And, they were on the market for an average of 45 days before going under contract.

Click here to view the previous Maritimes market report!

About the Maritimes on Hutchinson Island

The Maritimes real estate on Hutchinson Island in Stuart Florida
Google Earth image

The Maritimes is one of the prime ocean-to-river communities on South Hutchinson Island in Stuart, FL.  Many units offer larger than normal residences in both River and Oceanside settings.  The complex consists of 53 units, all of which are oceanfront or on the banks of the Intracoastal Waterway. The units range in size from 1,300 to 2,100 square feet and have 2 or 3 bedrooms. The complex has a number of amenities, including a pool, tennis courts, and kayak/canoe storage.

The riverside (or Maritimes West has a lovely private sandy beach with kayak storage for those not wishing to play in the surf or for those days when it’s a bit windy on the beachside.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

The Maritimes condos were constructed between 1975 and 1988, with the oceanfront units being built first.  Living square footage ranges from just under 1300 sq. ft. 2 Bedroom condos with over 2100 sq. ft. condos and townhouses with 3 Bedrooms plus dens and a garage.

The Maritimes real estate on Hutchinson Island in Stuart Florida
Google Earth image

The Maritimes is a pet-friendly community and allows up to 2 large pets. Rentals are also permitted with a minimum of 2-month duration. The monthly condo fee includes basic cable, fire/liability and exterior building insurance, landscaping, manager, pest control, recreational facility, reserve funds, sewer, trash removal, and water.

The Maritimes on Hutchinson Island in Stuart Florida
Google Earth image

The Maritimes is located in a desirable area of Stuart, close to shopping, dining, and entertainment. The complex is also within walking distance of the beach.

The Maritimes real estate on Hutchinson Island in Stuart Florida

If you are looking for a luxury condominium in a beautiful location, the Maritimes is a great option.

Maritimes Condos on Hutchinson Island

 Search for the Maritimes Condos and Townhomes Condos on Hutchinson Island

Search for Maritime condos on Hutchinson Island 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.

Maritimes Real Estate Market Report October 2023

Martin County Townhouses and Condos September 2023 Market Report

10.22.23 by

Martin County Townhouses and Condos September 2023 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were down by 15.5%.  They were up by 4.4% in August.  New sales under contract (new pending sales) were down by 10.4% from last year.  They were down by 19.2% in August.

Prices were mixed for September.  The median sales price decreased by 4.7% (was down by 4.4% last month). And, the average sales price increased by 1.1% (was up by 4.8% in August).

The available townhouses and condos inventory increased by 44 units to 335 properties.  This is a 54.4% greater supply of inventory than we had in September 2022.  Currently, there’s a 3.8-month supply of inventory (compared to 2.3 months for September 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos September 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos September 2023 Market Report

Sawgrass Villas Real Estate Market Report October 2023

10.18.23 by

Sawgrass Villas Real Estate Market Report October 2023

For October 2023, there is 1 townhome available for sale in the Sawgrass Villas community of Palm City Florida. The list price is $375,000 or $231.48 per sq. ft. of living area.

There are no Sawgrass Villas townhomes that are under contract at this time.

In the past 12 months, 3 Sawgrass Villas homes have sold.  The sales prices ranged from $358,000 up to $425,000. This is an average sales price of $384,333 which works out to $201.25 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price. And, they were on the market for an average of 46 days before going under contract.

Click here for the previous Sawgrass Villas market report!

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City Florida
Google Earth image

Built in 2005, the Sawgrass Villas of Palm City is one of the few newer affordable townhome-style condos in the area.  There are 52 units with two different floor plans.  All are 3 bedrooms, and 2 bathrooms with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones.  With a rare exception, all of these townhouses have a 1 car garage.

Sawgrass Villas real estate in Palm City FL

Sawgrass Villas is in a very desirable location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south. Families will also appreciate the great Palm City school district with high-rated schools.

Sawgrass Villas real estate in Palm City FL

The HOA fees include building maintenance and insurance, landscaping, trash pickup, Cable TV,  and exterior pest control.

Sawgrass Villas in Palm City

Live the easy maintenance and worry-free life in these solid concrete townhomes featuring Hardi-plank siding and metal roofs.

Sawgrass Villas in Palm City

Click here to search for Sawgrass Villas homes for sale

Sawgrass Villas real estate in Palm City FL

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

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

Sawgrass Villas Real Estate Market Report October 2023

The Courtyards at Willoughby Real Estate Market Report October 2023

10.01.23 by

The Courtyards at Willoughby Real Estate Market Report October 2023

There are no townhouses/condos currently for sale in the Courtyards at Willoughby.

There are also no Courtyards of Willoughby condos under contract at this time.

In the past 12 months, only 1 Courtyards of Willoughby condo has sold. The sales price was $307,500 which equals $267.86 per sq. ft. of living space.  This condo sold for 95% of the list price. And, this home was on the market for 73 days before going under contract.

Click here to view previous Courtyards at Willoughby market reports

About the Courtyards at Willoughby:

Courtyards at Willoughby in Stuart Florida
Google Earth image

Courtyards at Willoughby homes for sale:

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining, and entertainment areas that Stuart, Jensen Beach, and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from. These units are spacious and well-appointed, and many feature private balconies or patios. The community is also well-maintained, with lush landscaping and manicured grounds. The models are The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedrooms, 2 bathrooms, two-level homes with 1,532 sq. ft. of living area down to 2 bedrooms, 2 baths, one-level living with 1,125 sq. ft. of living space and some models feature garages.  Up to 1 medium-sized pet is allowed.

Courtyards at Willoughby in Stuart Florida
Google Earth image

This community features a swimming pool, a sundeck and cabana grilling area, and a 24-hour fitness center! The surrounding school district is ‘A-rated.

The Courtyards at Willoughby

Here are some of the things that make the Courtyards of Willoughby a great place to live:

  • Centrally located in Stuart
  • Close to downtown Stuart, the Willoughby Golf Course, and the Port Salerno Waterfront District
  • Swimming pool,
  • Pet-friendly
  • Variety of floor plans to choose from
  • Spacious and well-appointed units
  • Well-maintained community with lush landscaping and manicured grounds
The Courtyards at Willoughby

Search Here for Courtyards at Willoughby Condos for Sale

Search for The Courtyards at Willoughby homes in Stuart Florida

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

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

The Courtyards at Willoughby Real Estate Market Report October 2023

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

St Lucie County Townhouses and Condos August 2023 Market Report

09.26.23 by

St Lucie County Townhouses and Condos August 2023 Market Report

The St Lucie County Townhouses and Condos market showed improved sales activity when compared to last year. This is one of the few market segments with some encouraging sales activity, as we continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 38.3% from last year (were down by 7.1% in July). New pending sales were up by 31.7% (they were up by 20.4% last month).

Prices were up for August. The median price increased by 18.2% from last year (was down by 9.5% in July) and the average sales price increased by 13.9% (was up by 1.2% in July).

The available townhouses and condos inventory increased by 3 units from last month to 376 residences. This is a 64.9% greater inventory than we had in August 2022. The current inventory supply is 4.4 months, as compared to 2.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos August 2023 Market Report
Click 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 Townhouses and Condos August 2023 Market Report

Martin County Townhouses and Condos August 2023 Market Report

09.24.23 by

Martin County Townhouses and Condos August 2023 Market Report

The Martin County Townhouses and Condos real estate market showed slightly improved closed activity when compared to last year. Even as we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 4.4%.  They were up by 30.8% in July.  New sales under contract (new pending sales) were down by 19.2% from last year.  They were up by 2.2% in July.

Prices were mixed for August.  The median sales price decreased by 4.4% (was up by 2.9% last month). And, the average sales price increased by 4.8% (was up by 42.1% in July).

The available townhouses and condos inventory increased by 11 units to 291 properties.  This is a 55.0% greater supply of inventory than we had in August 2022.  Currently, there’s a 3.3-month supply of inventory (compared to 2.1 months for August 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos August 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos August 2023 Market Report

Quail Meadow Real Estate Market Report September 2023

09.17.23 by

Quail Meadow Real Estate Market Report September 2023

There is 1 townhome currently available for sale in Quail Meadow in the Martin Downs Country Club community of Palm City FL. This home is listed for $370,000 or $223.70 per sq. ft. of living area.

There are no Quail Meadow homes currently under contract.

In the past 12 months, there has only been 1 Quail Meadow home sale.  The sales price was $315,000 which works out to $236.66 per sq. ft. of living area.  This townhome was on the market for 162 days before going under contract. It sold for 84% of the list price.

Click here to view the previous Quail Meadow market report!

About Quail Meadow in Martin Downs

Quail Meadow in the Martin Downs Country Club
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Quail Meadow homes for sale:

Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhomes/villas.  These are spread out in 14 buildings with 6 attached units in each building.  Quail Meadow was completed in 1983 and represents its own subdivision within the Martin Downs Country Club.  Many of these homes enjoy beautiful lake and golf course views.

Recent home sales in Quail Meadow:

All of these homes have a 1 car garage and some are single-story villas while others are two-story style townhouses.   Sizes range from 3 bedroom, 3 bathroom homes with 1,654 sq. ft. of living area down to 2 bedroom, 2 bathroom villas with 1,331 sq. ft.

entrance to Quail Meadow in Martin Downs

The HOA fee is $308 per month. This includes a 24-hour manned security gate and security patrols, management fees, basic cable TV, common areas, and exterior maintenance.   This is a pet-friendly community allowing up to two medium-sized pets per unit.  Rentals are also permitted with some restrictions as to frequency and duration.

front view of Quail Meadow in Martin Downs

Residents of Quail Meadow have the option of joining the golf club in Martin Downs as well as the Martin Downs sports complex.  Or, they are free to just enjoy the great location which is very close to Florida’s Turnpike and I-95, and shopping, restaurants, professional offices, and medical facilities.

Click here to see if any Quail Meadow homes are available 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.

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.

Quail Meadow Real Estate Market Report September 2023

St. Lucie County Townhouses and Condos 2023 2nd Quarter Report

09.03.23 by

St. Lucie County Townhouses and Condos 2023 2nd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2nd Quarter of 2023.

St. Lucie County Townhouses and Condos 2023 2nd Quarter Report

For the 2nd quarter of 2023, the Saint Lucie Count townhouses and condo real estate market continued the trend of reduced sales volume. Prices were mixed for the quarter, with the median price rising and the average price going down. Inventory is continuing to increase, but it is not bringing in more buyers to date.  I doubt that we will see any improvement until interest rates start decreasing.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2023 2nd Quarter Report

Martin County Townhouses and Condos 2023 2nd Quarter Report

09.01.23 by

Martin County Townhouses and Condos 2023 2nd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2023 2nd Quarter Report
Martin County Townhouses and Condos 2023 2nd Quarter Report

For the Martin County townhouses and condos real estate market, a continued trend of reduced sales volume.  Prices were sharply higher than last year.  Along with the rising interest rates, this is not a good sign for the future. I doubt that we will see any improvement in this market until rates begin to recede.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2023 2nd Quarter Report

Florida Townhouses and Condos 2023 2nd Quarter Report

08.30.23 by

Florida Townhouses and Condos 2023 2nd Quarter Report

Click the image below to view the 2023 2nd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2023 2nd Quarter Report

For the 2nd quarter of 2023, the Florida townhouse and condo real estate market continued the trend of reduced sales volume. Prices appear to have moderated and mostly unchanged for this quarter. Inventory is continuing to increase, but it is not bringing in more buyers to date mainly due to the currently high interest rates.  I doubt that we will see any improvement in this market until rates begin to recede.

Click here to view/download the full report

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2023 2nd Quarter Report