Search Results for: st lucie county market report

Montego Cove April 2020 Market Report

04.26.20 by

Montego Cove April 2020 Market Report

There are 5 condos for sale in Montego Cove in Stuart FL for October 2019.  List prices range from $190,900 up to $269,900.  This is an average list price of $225,160 which works out to $141.59 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 17 condos have sold in Montego Cove.  Sales prices ranged from $156,000 up to $252,000.  This equals an average sales price of $194,548 which is $125.42 per sq. ft. of living area.  These condos averaged 106 days on market before accepting the final offer and sold for an average of 95% of the last listed price.

Click here to view previous Montego Cove market reports.

About the Montego Cove Condos in Stuart FL

Montego Cove

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total of 182 units that are mostly 2 bedrooms, 2 bathroom condos, and a few 3 bedroom ones and one 1 bedroom condos.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove

This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard, and a clubhouse. This is a 55 and over age-restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Montego Cove

There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove Condos in Stuart FL

An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities, as well as professional services, are also only a short distance away.

Montego Cove Condos in Stuart FL

The condo fees includes the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos 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.

Montego Cove April 2020 Market Report

Florida Townhouses and Condos March 2020 Market Report

04.24.20 by

Florida Townhouses and Condos March 2020 Market Report

Florida Townhouses and Condos had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector.  Closed sales were up by 4.7% as compared to last month’s increase of 10.8%.  New sales under contract (new pending sales) decreased by 35.0% (In February there was an 13.9% increase).

Prices were up for March.  The median sales price was up by 10.8% (was up by 6.7% in February), while the average sales price increased by 7.2% (was up 2.6% in February).

The inventory of active listings decreased by 8.5% from March of last year.  This results in 5.5 months of inventory as compared to 6.3 months for March 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos March 2020 Market Report
Click here to download the full report

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

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos March 2020 Market Report

Florida Single Family Homes March 2020 Market Report

04.23.20 by

Florida Single Family Homes March 2020 Market Report

The Florida Single Family Home sales had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 6.4% (were up by 9.1% in February). New sales under contract (new pending sales) were down by 22.6% (were up by 12.5% in February).

Prices were up for March.  The median sales price rose by 7.4% (it was up by 8.0% in February). The average sales price was up by 8.9% (it was up by 7.9% last month).

The inventory of available homes for sale decreased by 14.0% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (March 2019 had a 4.2 months supply)  A balanced market favoring neither buyers or 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 March 2020 Market Report
Download 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 March 2020 Market Report

The Princess of Hutchinson Island October 2019 Market Report

04.21.20 by

The Princess of Hutchinson Island April 2020 Market Report

As of April 2020, there are 4 condos available for sale in the Princess of Hutchinson Island.  The list prices range from $315,000 up to $500,000.  This is an average list price of $404,500 or $270.75 per sq. ft. of living area.

There are 2 condos under contract.  The list prices were $299,900 and $334,900. This is an average list price of $317,400 which equals $257.99 per sq. ft. of living area.  These condos were on the market for an average of 88 days prior to going under contract.

In the past 12 months, 12 condos have sold in this oceanfront building.  Sales prices ranged from $290,000 up to $500,000.  This is an average sales price of $350,825 which works out to an average of $240.16 per sq. ft. of living area.  These condos were on the market for an average of 52 days before going under contract and sold for an average of 96% of the last list price.

Click here to view previous Princess of Hutchinson Island market reports.

About the Princess of Hutchinson Island Condos:

the Princess of Hutchinson Island Condos

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos, and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

the Princess of Hutchinson Island Condos

The Princess was built in 1984 and has a heated pool, Jacuzzi, a common area with a game room, kitchen and bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

the Princess of Hutchinson Island Condos

The maintenance fee includes the use of all facilities as well as exterior maintenance and insurance.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

The Princess of Hutchinson Island April 2020 Market Report

Atlantis Condos on Hutchinson Island April 2020 Market Report

04.19.20 by

Atlantis Condos on Hutchinson Island April 2020 Market Report

There are currently 2 condos on the market in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL.  List prices are $278,000 and $339,900. This is an average list price of $308,950 which equates to $273.15 per sq. ft. of living area.

There is 1 condo currently under contract. The list price was $234,800 which is $222.98 per sq. ft. of living area. This condo was on the market for 124 days before going under contract.

In the past 12 months, 13 condos have sold in Atlantis.  Sales prices ranged from a low of $187,000 up to $347,500.  Making for an average sales price of $252,830 or $231.47 per sq. ft. of living area.  These condos sold in an average of 116 days and at an average of 97% of list price.

Click here to view previous Atlantis condo market reports.

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach FL

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedrooms 2 bathrooms condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap-around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen Beach FL

These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen Beach FL

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen Beach

For more info about Hutchinson Island condos, call Gabe Sanders at 772-888-2885

Search for Atlantis Condos on Hutchinson Island for Sale

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Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Atlantis Condos on Hutchinson Island April 2020 Market Report

The Estuary April 2020 Market Report

04.11.20 by

The Estuary April 2020 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the October 2019 market report for this gated community:

Homes

There are 3 homes for sale in the Estuary.  List prices range from $599,000 up to $859,000.  This is an average list price of $767,333 which equals $269.05 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $425,000 or $188.89 per sq. ft. of living area.  This home was on the market for 23 days before going under contract.

In the past 12 months, 4 Estuary homes have sold.  Sales prices ranged from $335,000 up to $380,000.  This equals an average sales price of $353,000 which works out to $168.58 per sq. ft. of living area. These homes sold for an average of 94% of list price and went under contract in an average of 242 days.

Condos

There are 2 condos currently available for purchase in the Estuary.  List prices are $179,000 and $299,000.  This is an average list price of $239,000 or $193.19 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 3 condos have sold in the Estuary.  Sales prices were from $150,000 up to $172,250.  This equals an average sales price of $164,083 which works out to $156.42 per sq. ft. of living area.  These condos averaged 96 days on the market and sold for an average of 95% of list price.

Click here to view past Estuary market reports.

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.

The Estuary Homes and Condos in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

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.

The Estuary April 2020 Market Report

Hidden River in Palm City FL April 2020 Market Report

04.10.20 by

Hidden River in Palm City FL April 2020 Market Report

There are no active listings in Hidden River in Palm City for April 2020. 

There is 1 home under contract at this time in the Hidden River community. The list price was $450,000 or $275.74 per sq. ft. of living area. This home was on the market for 23 days before going under contract.

In the past 12 months, 2 homes have sold in Hidden River.  The sales prices were $753,000 and $950,000. This is an average sales price of $851,500 which is $298.53 per sq. ft. of living area.  These sales prices averaged 96% of list price and went under contract in an average of 60 days after being listed.

Click here to view previous Hidden River market reports!

About the Hidden River Area of Palm City FL:

Hidden River real estate in Palm City FL

This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good sized boats.

Aerial View of the Hidden River area of Palm City FL

This is a non-deed restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Aerial View of the Hidden River area of Palm City FL

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search here for any Hidden River homes for sale

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.

Hidden River in Palm City FL April 2020 Market Report

Hideaway Isles April 2020 Market Report

04.04.20 by

Hideaway Isles April 2020 Market Report

As of April 2020, there is only 1 home available for sale in Hideaway Isles in Palm City FL.  This home is listed for $745,000 or $298.84 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, 3 Hideaway Isles homes have sold.  Sales prices ranged from $365,000 up to $860,000.  This equals an average sales price of $565,000 which works out to $247.59 per sq. ft. of living area.  These homes sold for 95% of list price (on average) and went under contract in an average of 158 days after being listed.

Click here to view previous Hideaway Isles market reports.

About Hideaway Isles in Palm City FL:

Hideaway Isles real estate in Palm City FL

Hideaway Isles is a community of a variety of homes where you will surely find something to suit your needs!  Homes range in size from modest two to over five bedroom homes with plenty of room around the homes for a great opportunity to make your backyard a fantastic weekend getaway. There is a variety of homes in Hideaway Isles that have newer and older designs and ages. However, many homes have completed updates to the inside and outsides that today’s home buyers find so appealing.  Most Hideaway isles homes are waterfront with deep water docks that can easily access the blue waters of the Atlantic Ocean, only minutes away.

Hideaway Isles in Palm City FL

There are no HOA fees in Hideaway Isles and the only property restrictions are those imposed by Martin County.

  • Hideaway Isles in Palm City FL
  • Hideaway Isles real estate in Palm City FL

Hideaway Isles is located in Palm City. A great place to raise a family because of the “A” rated school system of Martin County. It’s close to I-95 and Florida’s Turnpike which makes it convenient for commuting either north or south.

Hideaway Isles real estate in Palm City FL

Search here for any available Hideaway Homes for sale in Palm City FL

Recent market reports:

For more Stuart Florida area real estate information contact me, Gabe Sanders, or search for properties on your own at GabeSanders.com

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

Hideaway Isles April 2020 Market Report

Lighthouse Point and Seagate Harbor Market Report March 2020

03.31.20 by

Lighthouse Point and Seagate Harbor Market Report March 2020

For March 2020, we have 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  Listing prices are from a low of $440,000 to a high of $1,448,000.  This is an average listing price of $841,970 which equals $361.15 per square foot of living area.

There are 4 homes currently under contract.  List prices ranged from $550,000 up to $795,000. This is an average list price of $644,625 or $327.23 per square foot of living area.  And, this home was on the market for 159 days before going under contract.

18 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sales prices ranged from $340,000 up to $930,000.  This works out to an average sales price of $574,804 which equals $277.46 per square foot of living area.  These homes sold after an average of 85 days on the market and for an average of 96% of list price.

Click here for previous Lighthouse Point and Seagate Harbor market reports.

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A-Rated schools!

Lighthouse Point and Seagate Harbor real estate in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes come with wide views of the Saint Lucie River. There is a community boat ramp is also available providing everything a boater would ever want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get-togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high span 60’ +). These canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in a major transformation. Many larger and newer homes are replacing the smaller homes of the previous era.

Lighthouse Point and Seagate Harbor in Palm City FL

Those of you looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.

Search for available homes in Lighthouse Point and Seagate Harbor

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.

Lighthouse Point and Seagate Harbor Market Report March 2020

South Fork Estates Real Estate Market Report for March 2020

03.29.20 by

South Fork Estates Real Estate Market Report for March 2020

There are currently no homes for sale in South Fork Estates in Stuart FL. 

There are 3 homes under contract at this time in South Fork Estates.  The listing prices ranged from $515,000 up to $599,000. This is an average list price of $557,667 which equals $218.07 per sq. ft. of living area. These homes went under contract in an average of 60 days after coming on the market.

In the past 12 months, there have been 7 sales in South Fork Estates.  These homes had sales prices from $363,000 up to $565,400.  This works out to an average sales price of $455,414 which is $208.03 per square foot of living area.   These homes averaged 89 days on the market before going under contract and sold for an average of 97% of list price.

Click here for previous South Fork Estates market reports.

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart FL

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart FL

There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

South Fork Estates in Stuart FL

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

South Fork Estates in Stuart FL

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart FL - RV and Boat Lot

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Search for homes for sale in South Fork Estates

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.

South Fork Estates Real Estate Market Report for March 2020

Martins Crossing Market Report March 2020

03.28.20 by

Martins Crossing Market Report March 2020

There are currently 5 homes for sale in Martins Crossing.  Prices range from $299,000 up to $405,000.  This is an average list price of $339,298 which equals $156.02 per sq. ft. of living area.

There are 7 homes currently under contract.  List prices ranged from a low of $200,000 up to $375,000.  This equals an average list price of $285,500 which is $149.80 per sq. ft. of living area.  These homes went under contract in an average of 27 days.

In the past twelve months, 27 homes have sold in Martins Crossing.  Sales prices ranged from a low of $190,000 to a high of $380,000.  This equals an average sales price of $270,974 which works out to $147.84 per sq. ft. of living area.  These homes sold at an average of 98% of list price and were under contract in an average of 41 days.

Click here to view previous Martins Crossing market reports.

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart FL

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 FL

Martins Crossing 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 in Stuart FL

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.

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 Market Report March 2020

Martin County Townhouses and Condos February 2020 Market Report

03.26.20 by

Martin County Townhouses and Condos February 2020 Market Report

The Martin County Townhouses and Condos showed very strong sales activity after a relatively weak start for the year.  Closed sales for the month were up by 21.4%.  And, they were down by 11.0% in January.  New sales under contract (new pending sales) were up by 31.6% from last month.  They were down by 3.6% for January.

Prices also continued to rise for February, though at reduced rates.  The median sales price increased by 3.2% (was up by 2.4% in January). While the average sales price increased by 9.3% (was up by 1.0% in January).

The inventory of available townhouses and condos decreased by 10 units to 411 properties.  This is a 9.7% smaller inventory then we had in February 2019.  Currently, there’s a 4.5 months supply of inventory (compared to 4.7 months for February 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos February 2020 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 February 2020 Market Report

Martin County Single Family Homes February 2020 Market Report

03.25.20 by

Martin County Single Family Homes February 2020 Market Report

The Martin County Single Family Homes Market Report had stronger sales activity than last year, but not as robust as last month.  Closed sales were up by 1.2% from last month (were up by 25.2% in January).  While new pending sales increased by 6.4% as compared to last month when they increased by 23.4%.

Prices rose sharply for February.  The median sales price was up by 13.8% from last year (it was down by 12.9% in January) while the average sales price increased by 37.1% (it was down by 24.2% last month).

The inventory of available single-family homes decreased from last month by 3 homes to 923 homes for January. This is 21.6% less inventory than last January.  The current supply of homes is 4.6 months.  For February of last year, it was a 5.9 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2020 Market Report
Click here to download the full report

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

Recent 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 2020 Market Report

Florida Townhouses and Condos February 2020 Market Report

03.24.20 by

Florida Townhouses and Condos February 2020 Market Report

For February 2020, Florida Townhouses and Condos continued the new year with strong sales activity.  Closed sales were up by 10.8% as compared to last month’s increase of 14.5%.  New sales under contract (new pending sales) increased by 13.9% (In January there was an 14.3% increase).

Prices were also up for February.  The median sales price was up by 6.7% (was up by 8.1% in January), while the average sales price increased by 2.6% (was up 7.5% in January).

The inventory of active listings decreased by 13.1% from February of last year.  This results in 5.4 months of inventory as compared to 6.4 months for February 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos February 2020 Market Report
Click here to download the full report

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

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos February 2020 Market Report

Banyan House Stuart FL March 2020 Market Report

03.24.20 by

Banyan House Stuart FL March 2020 Market Report

There are currently 2 condos for sale in the Banyan House condos in Stuart FL.  The list prices are $209,000 and $219,000.   This is an average list price of $214,000 which is $156.20 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $147,500 or $107.66 per sq. ft. of living area.  This condo was on the market for 344 days prior to going under contract.

In the past 12 months, 4 Banyan House condo have sold.  Sales prices ranged from $125,000 up to $150,000. This is an average sales price of $141,250 which works out to $103.10 per sq. ft. of living area.  These condos averaged 92 days on the market before going under contract and sold for an average of 95% of list price.

Click here to view previous Banyan House market reports.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

This community is much sought after because of their excellent location as well as being such well-run and well-managed.  Condos tend to sell very quickly when they come on the market. 

Search here for any current listings in the Banyan House Condo Complex.

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.

Banyan House Stuart FL March 2020 Market Report

Florida Single Family Homes February 2020 Market Report

03.23.20 by

Florida Single Family Homes February 2020 Market Report

The Florida Single Family Home sales continued with strong activity into February.  Closed sales were up by 9.1% (were up by 17.9% in December). New sales under contract (new pending sales) were up by 12.5% (were up by 12.4% in January).

Prices were also up for February .  The median sales price rose by 8.0% (it was up by 5.9% in January). The average sales price was up by 7.9% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 19.1% from last year.  This represents a 3.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2019 had a 4.3 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Previous Florida real estate market report posts.

Florida Single Family Homes February 2020 Market Report
Download 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 2020 Market Report

Oak Ridge Real Estate Market Report March 2020

03.17.20 by

Oak Ridge Real Estate Market Report March 2020

For March 2020, there are 2 homes available for sale in Oak Ridge in Palm City, FL.   The list prices are $415,000 up to $515,000. This is an average list price of $465,000 which equals $185.61 per sq. ft. of living area.

There is 1 home under contract and awaiting settlement at this time.  The list price was $389,999 or $205.05 per sq. ft. of living area.  This home was on the market for 138 days before going under contract.

12 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $301,000 up to $775,000.  The average sold price was $438,767 which equals $183.85 per sq. ft. of living area.  These homes went under contract in an average of 92 days and sold for an average of 97% of list price.

Click here for previous Oak Ridge market reports.

About Oak Ridge in Palm City FL:

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95, and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts, and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds.

Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close-by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

Currently available homes for sale in Oak Ridge and the Estates of Oak Ridge

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.

Oak Ridge Real Estate Market Report March 2020

Westwood Country Estates March 2020 Market Report

03.14.20 by

Westwood Country Estates March 2020 Market Report

As of March 2020, there is 1 home available to purchase in Westwood Country Estates in Palm City, FL.  The list price is $628,000 or $152.65 per sq. ft. of living area.

There are no homes currently under contract (pending sale).

There have been 5 homes sold in the past 12 months in Westwood Country Estates.  Sales prices ranged from $480,000 up to $675,000.  This works out to an average sales price of $553,600 which is equal to $187.91 per sq. ft. of living area.  These sales averaged 95% of list price and went under contract in an average of 33 days after going on the market.

View previous Westwood Country Estates market reports here

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida

Westwood Country Estates is a wide-open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Homeowner association fees are a very reasonable $375 per year.

Westwood Country Estates in Palm City Florida

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates in Palm City Florida

Westwood Country Estates 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.

Westwood Country Estates March 2020 Market Report

Moon River Jensen Beach March 2020 Market Report

03.13.20 by

Moon River Jensen Beach March 2020 Market Report

As of early March 2020, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

There are 2 Moon River homes currently pending (under contract). The list prices were both $469,000 which is $194.53 per sq. ft. of living area. These homes averaged 101 days on the market before going under contract.

There have been 2 homes sold in the past 12 months in Moon River.  The sales prices were $350,000 and $368,500. This is an average sales price of $359,250 which equals $178.46 per sq. ft. of living area. These homes sold for an average of 82% of list price and were on the market for an average of 38 days before going under contract.

About Moon River in Jensen Beach Florida:

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River in Jensen Beach on Hutchinson Island

Home sizes range from 3 Bedroom, 3 bathroom two-story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River in Jensen Beach on Hutchinson Island

This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 

Moon River in Jensen Beach on Hutchinson Island

Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River in Jensen Beach on Hutchinson Island

Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

The current Martin County Schools for Moon River are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the current listings in Moon River in Jensen Beach

Recent market reports:

 For any questions you may have about September 2019 Market Report for Moon River in Jensen Beach, please call or email Gabe Sanders at 772-888-2885 or Contact Him Here

Jensen Beach Florida Real Estate

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

Moon River Jensen Beach March 2020 Market Report

Sandpebble Condos Hutchinson Island March 2020 Market Report

03.11.20 by

Sandpebble Condos Hutchinson Island March 2020 Market Report

March 2020 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There is 1 condo currently available for sale in Sandpebble. The list price is $499,000 which equals $347.49 per sq. ft. of living area. 

There are 5 Sandpebble condos currently under contract.  The list prices ranged from $330,000 up to $425,000.  This is an average list price of $390,580 or $307.82 per sq. ft. of living area.  These condos went under contract in an average of 35 days after being listed.

In the past 12 months, 15 Sandpebble condos have sold.  Sales prices ranged from $220,000 up to $640,000.  This is an average sales price of $346,175 which works out to $289.81 per sq. ft. of living area.  These sales averaged 95% of list price and went under contract after an average of 61 days on the market.

View previous Sandpebble condo market reports here.

About the Sandpebble Condos on Hutchinson Island in Stuart FL:

Sandpebble Condos on Hutchinson Island in Stuart FL


On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County.  Located on a pristine 37 acres that reach from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 riverside and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

Sandpebble Condos on Hutchinson Island in Stuart FL


On the spacious grounds, there is plenty of green space for outdoor activities, two hard court tennis courts and a fully-equipped clubhouse with kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Sandpebble Condos on Hutchinson Island

Construction of the Sandpebble complex began in 1982.  Recently all buildings were completely refurbished with metal roofs.  Other renovations included Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration.  Also completed were the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.

Sandpebble Condo on Hutchinson Island

Current Sandpebble Condos for Sale

the Gabe Sanders real estate team

Recent market reports:

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

Sandpebble Condos Hutchinson Island March 2020 Market Report