Search Results for: Martin County Townhouses and Condos Market Report

Heritage Ridge Real Estate Market Report February 2023

02.06.23 by

Heritage Ridge Real Estate Market Report February 2023

As of February 2023, there are 16 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $169,900 up to $720,000.  This is an average list price of $295,137 which equals $217.83 per sq. ft. of living area.

There are 6 Heritage Ridge homes currently under contract.  These homes were on the market with list prices from $219,900 up to $695,000.  This works out to an average list price of $342,400 or $224.93 per sq. ft. of living area.  These properties averaged 64 days on the market before going under contract.

In the past 12 months, there have been 55 sales in Heritage Ridge.  Sales prices ranged from $157,000 up to $795,000.  This equals an average sales price of $298,899 which works out to $212.91 per sq. ft. of living area.  These homes were on the market for an average of 21 days before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Heritage Ridge market report!

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound Florida
Google Earth image

Heritage Ridge homes for sale:

The Heritage Ridge community of Hobe Sound encompasses a number of associations and styles of homes.  From mobile and manufactured homes to villas, townhouses, condos, and single-family homes.  The different sections of Heritage Ridge are all anchored by the Heritage Ridge Golf Club.  This is a non-equity course that is open to the public.

Heritage Ridge in Hobe Sound Florida
Google Earth image

The various areas of Heritage Ridge are all controlled by their individual homeowners’ associations and many also pay a fee to the master Heritage Ridge Association.  This wonderful community is located in northern Hobe Sound with quick access to either the beach at Jupiter Island (in Hobe Sound) or to the downtown area of Stuart as well as the amenities in both the Martin County and Jupiter areas of the Treasure Coast.

Recent Heritage Ridge sales:

Some of the sections of Heritage Ridge include Amherst, Brandywine, Bunker Hill, Cambridge, Franklin Wood, Georgetown, Jamestown, Jefferson Corners, Tory Pines, Williamsburg, and Yorktown.

Heritage Ridge in Hobe Sound

HOA fees vary widely in Heritage Ridge depending on the type of home and subdivision within this community.  The HOA fees run from $78.00 a month in the mobile home and single family home sections up to $350.00 a month for the condo areas and in between for some of the other communities.

Heritage Ridge in Hobe Sound

Click here to search for available homes in Heritage Ridge

Click here to search for available condos in Heritage Ridge

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.

Heritage Ridge Real Estate Market Report February 2023

Florida Townhouses and Condos December 2022 Market Report

02.02.23 by

Florida Townhouses and Condos December 2022 Market Report

Florida Townhouses and Condos 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. Price increases seem to have moderated which may be an indication for future increased activity. Closed sales were down by 40.0% as compared to last month’s decrease of 38.9%.  New sales under contract (new pending sales) decreased by 39.9% (In November, there was a 42.1% decrease).

Year-to-year prices are still going up but at a lower pace.  The median sales price was up by 8.8% (was up by 12.3% in November). While the average sales price increased by 1.5% (was up 10.1% in November).

The inventory of active listings increased by 65.0% from December of last year.  This results in 2.8 months’ supply of inventory as compared to 1.3 months for December 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2022 Market Report
Download/view the full report

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

To view the latest 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 Townhouses and Condos December 2022 Market Report

Schooner Oaks Real Estate Market Report January 2023

01.30.23 by

Schooner Oaks Real Estate Market Report January 2023

As of January 2023, there is one home for sale in Schooner Oaks in Rocky Point in Stuart, FL. The list price is $499,000 or $303.34 per sq. ft. of living area.

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

In the past 12 months, 9 Schooner Oaks homes have sold. The sales prices ranged from $275,000 up to $415,000. This works out to an average sales price of $351,309 which equals $230.70 per sq. ft. of living area. These homes went under contract in an average of 18 days. And, they sold for an average of 98% 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
Google Earth image

Schooner Oaks homes for sale:

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
Google Earth image

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.

Recent Schooner Oak sales:

Residents enjoy the use of a clubhouse with billiards, fitness room, heated pool, 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 2023

Martin County Townhouses and Condos 2022 4th Quarter Report

01.29.23 by

Martin County Townhouses and Condos 2022 4th 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 2022 4th Quarter Report

For Martin County townhouses and condos, the 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

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2022 4th Quarter Report

St Lucie County Townhouses and Condos Sales 2022 Yearly Review

01.25.23 by

St Lucie County Townhouses and Condos Sales 2022 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2022 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 27.3% as compared to 2021 which saw an increase of 20.5% and new sales under contract (new pending sales) decreased by 28.7% (2021 saw an increase of 14.0%).

St Lucie County Townhouses and Condos Sales 2022 Yearly Review
Click the image for the full report

Prices, though, were up when compared to last year. The median sales price increased by 19.1% compared to the 9.3% rise last year. The average sales price was up by 20.0% as compared to the 16.2% increase in 2021.

Inventory increased by 99.3% as compared to 2021’s decrease of 54.2%. At the same time, the monthly supply of inventory rose to 3.0 months as compared to 1.1 months for 2021.  Remaining a seller’s market for Saint Lucie County townhouses and condos for the time being.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2022

View previous St Lucie County Yearly Reviews Here!

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 Sales 2022 Yearly Review

Martin County Townhouses and Condos Sales 2022 Yearly Review

01.23.23 by

Martin County Townhouses and Condos Sales 2022 Yearly Review

The Martin County Townhouses and Condos Sales for 2022 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 20.8% as compared to 2021 which were up by 14.3% and new sales under contract (new pending sales) decreased by 25.9% (2021 saw an increase of 15.1%).

Martin County Townhouses and Condos Sales 2022 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 31.5% and 18.3% respectively (2021 numbers were 18.3% and 27.1%).  Stronger than the increases of the previous year.

Inventory increased by 282.9% as compared to 2021’s decrease of 73.4%. And the supply of inventory rose to 3.2 months as compared to 0.7 months for 2021.  Still a seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2022 Yearly Review

Here are the previous Martin County yearly reviews!

To view the latest 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 Townhouses and Condos Sales 2022 Yearly Review

01.21.23 by

Florida Townhouses and Condos Sales 2022 Yearly Review

The Florida Townhouses and Condos Sales for 2022 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 21.7% compared to 2021 which saw an increase of 34.2% and new sales under contract (new pending sales) decreased by 26.4% (2021 saw an increase of 29.2%).

Florida Townhouses and Condos Sales 2022 Yearly Review
Click the image to view the full report

Both median and average sales prices were up (year to year) by 21.6% and 16.3% respectively (2021 numbers were 17.2% and 26.4%).  A considerably higher rate of increase than the previous year.

Inventory increased by 65.0% as compared to 2021’s decrease of 57.4%. And, the supply of properties rose to 2.8 months as compared to 1.3 months in 2021.  Still a sellers’ market for Florida townhouses and condos.

 Click here to view or download the full report: 
Townhouses and Condos Sales in Florida for 2022

View previous Florida Townhouses and Condos Yearly Reviews Here!

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 Townhouses and Condos Sales 2022 Yearly Review

St Lucie County Townhouses and Condos November 2022 Market Report

12.28.22 by

St Lucie County Townhouses and Condos November 2022 Market Report

The St Lucie County Townhouses and Condos 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 39.7% from last year (were down by 42.4% in October). New pending sales were down by 50.5% for October (they were down by 43.5% last month).

Year-to-year prices were up for November at stubbornly high rates. The median price increased by 23.1% from last year (was up by 20.2% in October) and the average sales price increased by 32.5% (was down by 5.6% in October).

The available townhouses and condos inventory increased by 47 units from last month to 306 residences. This is 81.1% greater inventory than we had in November 2021. The current inventory supply is 3.1 months, as compared to 1.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos November 2022 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 2022 Market Report

Florida Townhouses and Condos November 2022 Market Report

12.22.22 by

Florida Townhouses and Condos November 2022 Market Report

Florida Townhouses and Condos market report continue 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 38.9% as compared to last month’s decrease of 26.9%.  New sales under contract (new pending sales) decreased by 42.1% (In October, there was a 42.5% decrease).

Year-to-year prices are still going up.  The median sales price was up by 12.3% (was up by 19.2% in October). While the average sales price increased by 10.1% (was up 17.6% in October).

The inventory of active listings increased by 47.4% from November of last year.  This results in 2.7 months’ supply of inventory as compared to 1.5 months for November 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2022 Market Report
Download/view 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.

Florida Townhouses and Condos November 2022 Market Report

Crestwood Townhomes Real Estate Market Report December 2022

12.15.22 by

Crestwood Townhomes Real Estate Market Report December 2022

There is 1 townhome available for purchase in the Crestwood townhome community of Stuart FL in December 2022. The list price is $389,900 which is $164.03 per sq. ft. of living area.

There are no Crestwood townhomes currently under contract.

In the past 12 months, only 1 Crestwood townhome-condos has sold. The sales price was $390,000 which equals $229.41 per sq. ft. of living area. This home sold for 99% of the list price. And, it went under contract 9 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

Crestwood homes for sale:

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 (possible 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.

Recent sales in Crestwood:

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.

Search Links:

Click here to see if any Crestwood Condo-Townhomes are available 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 2022

Martin County Townhouses and Condos 2022 3rd Quarter Report

12.01.22 by

Martin County Townhouses and Condos 2022 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 2022 3rd Quarter Report

For Martin County townhouses and condos the sales volume declined while prices rose 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

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2022 3rd Quarter Report

St Lucie County Townhouses and Condos October 2022 Market Report

11.25.22 by

St Lucie County Townhouses and Condos October 2022 Market Report

The St Lucie County Townhouses and Condos 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 42.4% from last year (were down by 11.2% in September). New pending sales were down by 43.5% for September (they were down by 29.5% last month).

Year-to-year prices were up for October. The median price increased by 20.2% from last year (was up by 11.3% in September) and the average sales price increased by 5.6% (was down by 2.5% in September).

The available townhouses and condos inventory increased by 19 units from last month to 259 residences. This is 43.9% greater inventory than we had in October 2021. The current inventory supply is 2.5 months, as compared to 1.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos October 2022 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 2022 Market Report

Florida Townhouses and Condos October 2022 Market Report

11.21.22 by

Florida Townhouses and Condos October 2022 Market Report

Florida Townhouses and Condos 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. Closed sales were down by 26.9% as compared to last month’s decrease of 29.0%.  New sales under contract (new pending sales) decreased by 42.5% (In September, there was a 34.6% decrease).

Year-to-year prices are still going up.  The median sales price was up by 19.2% (was up by 20.5% in September). While the average sales price increased by 17.6% (was up 17.2% in September).

The inventory of active listings increased by 31.0% from October of last year.  This results in 2.5 months’ supply of inventory as compared to 1.6 months for September 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2022 Market Report
Download/view 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.

Florida Townhouses and Condos October 2022 Market Report

St Lucie County Townhouses and Condos September 2022 Market Report

10.25.22 by

St Lucie County Townhouses and Condos September 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last September. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 11.2% from last year (were down by 28.3% in August). New pending sales were down by 29.5% for August(they were down by 28.1% last month).

Prices were mixed for September. The median price increased by 11.3% from last year (was up by 27.9% in August) and the average sales price decreased by 2.5% (was up by 22.3% in August).

The available townhouses and condos inventory increased by 12 units from last month to 240 residences. This is 37.1% greater inventory than we had in September 2021. The current inventory supply is 2.2 months, as compared to 1.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2022 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 2022 Market Report

Florida Townhouses and Condos September 2022 Market Report

10.21.22 by

Florida Townhouses and Condos September 2022 Market Report

Florida Townhouses and Condos showed slower sales activity when compared to last year. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 29.0% as compared to last month’s decrease of 20.3%.  New sales under contract (new pending sales) decreased by 34.6% (In August, there was a 20.3% decrease).

Prices are still going up.  The median sales price was up by 20.5% (was up by 20.8% in August). While the average sales price increased by 17.2% (was up 10.8% in August).

The inventory of active listings increased by 18.0% from September of last year.  This results in 2.3 months supply of inventory as compared to 1.7 months for September 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos September 2022 Market Report
Download/view 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.

Florida Townhouses and Condos August 2022 Market Report

Sawgrass Villas Real Estate Market Report October 2022

10.13.22 by

Sawgrass Villas Real Estate Market Report October 2022

For October 2022, there are no townhomes available for sale in the Sawgrass Villas community of Palm City Florida.

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

In the past 12 months, only 1 Sawgrass Villas home has sold.  The sales price was $425,000 which works out to $204.62 per sq. ft. of living area.  This home sold for 100% of the list price. And, it was on the market for 8 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

Sawgrass Villas homes for sale:

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 bedroom, 2 bathroom 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.

Recent Sawgrass Villas sales:

Great 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.

Sawgrass Villas in Palm City

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.

Click here to search for Sawgrass Villas homes for sale

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 2022

St Lucie County Townhouses and Condos August 2022 Market Report

09.28.22 by

St Lucie County Townhouses and Condos August 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 28.3% from last year (were down by 34.1% in July). New pending sales were down by 28.1% for July (they were down by 14.2% last month).

Prices are still rising. The median price increased by 27.9% from last year (was up by 20.4% in July) and the average sales price increased by 22.3% (was up by 11.0% in July).

The inventory of available townhouses and condos decreased by 4 units from last month to 228 residences. This is 31.0% greater inventory than we had in August 2021. The current inventory supply is 2.1 months, as compared to 1.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2022 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 2022 Market Report

Florida Townhouses and Condos August 2022 Market Report

09.22.22 by

Florida Townhouses and Condos August 2022 Market Report

Florida Townhouses and Condos showed slower sales activity when compared to last year. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 20.3% as compared to last month’s decrease of 30.7%.  New sales under contract (new pending sales) decreased by 20.3% (In July, there was a 24.0% decrease).

Prices are still going up.  The median sales price was up by 20.8% (was up by 20.6% in July). While the average sales price increased by 10.8% (was up 11.6% in July).

The inventory of active listings increased by 12.6% from August of last year.  This results in 2.2 months supply of inventory as compared to 1.7 months for August 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos August 2022 Market Report

Click here to view 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.

Florida Townhouses and Condos August 2022 Market Report

Quail Meadow Real Estate Market Report September 2022

09.14.22 by

Quail Meadow Real Estate Market Report September 2022

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 $398,000 or $299.02 per sq. ft. of living area.

There are no Quail Meadow homes currently under contract.

In the past 12 months, there have been 3 Quail Meadow home sales.  Sales prices ranged from $265,000 up to $365,000.  This is an average sales price of $323,333 which works out to $208.45 per sq. ft. of living area.  These townhomes averaged 50 days on the market before going under contract. They sold for an average of 101% 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
Google Earth image

Quail Meadow homes for sale:

Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhome/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 homes 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 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 2022

St Lucie County Townhouses and Condos July 2022 Market Report

08.26.22 by

St Lucie County Townhouses and Condos July 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last July. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 34.1% from last year (were down by 38.8% in June). New pending sales were down by 14.2% for June (they were down by 36.4% last month).

Prices are still rising. The median price increased by 20.4% from last year (was up by 44.8% in June) and the average sales price increased by 11.0% (was up by 28.9% in June).

The inventory of available townhouses and condos increased by 31 units from last month to 232 residences. This is 68.1% greater inventory than we had in July 2021. The current inventory supply is 2.1 months, as compared to 0.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2022 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 July 2022 Market Report