Search Results for: florida single family market report

St Lucie County Townhouses and Condos January 2024 Market Report

02.29.24 by

St Lucie County Townhouses and Condos January 2024 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked and have begun to decrease. Closed sales were down by 7.1% from last year (were down by 3.1% in December). New pending sales were down by 6.2% (they were down by 42.9% last month).

Prices were up for January. The median price increased by 8.0% from last year (was up by 6.7% in December) and the average sales price increased by 21.8% (was up by 10.3% % in December).

The available townhouses and condos inventory increased by 78 units from last month to 634 residences. This is a 74.2% greater inventory than we had in January 2023. The current inventory supply is 7.4 months, as compared to 3.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its second month of a balanced market, and now approaching a seller’s 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 January 2024 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 January 2024 Market Report

St Lucie County Single Family Homes January 2024 Market Report

02.28.24 by

St Lucie County Single Family Homes January 2024 Market Report

The January 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were down by 20.7% for the month compared to last year (in December they were down by 9.6%). New sales under contract (new pending sales) decreased by 14.7% (they were down by 24.8% last month).

Prices were higher for January when compared to last year.  The median sales price was up by 5.9% (was up by 2.1% in December).  The average sales price was up by 9.4% (it was up by 6.1% in December).

The number of available homes for sale increased by 174 homes to 1,893 units.  This inventory is 10.4% greater than last year.  The current supply of homes is 4.1 months (it was 3.2 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is 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.

St Lucie County Single Family Homes January 2024 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes January 2024 Market Report

Martin County Townhouses and Condos January 2024 Market Report

02.27.24 by

Martin County Townhouses and Condos January 2024 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 22.0%.  They were up by 17.4% in December.  New sales under contract (new pending sales) were down by 12.2% from last year.  They were up by 7.4% in December.

Prices were down for January.  The median sales price decreased by 11.1% (was up by 6.7% last month). And, the average sales price decreased by 11.0% (was up by 19.8% in December).

The available townhouses and condos inventory increased by 59 units to 508 properties.  This is a 69.3% greater supply of inventory than we had in January 2023.  Currently, there’s a 5.9 month supply of inventory (compared to 3.4 months for January 2023).  We remain in a seller’s market for townhouses and condos in Martin County, though just about to enter a 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 January 2024 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 January 2024 Market Report

Martin County Single Family Homes January 2024 Market Report

02.26.24 by

Martin County Single Family Homes January 2024 Market Report

The Martin County Single Family Homes Market Report showed slower sales activity from last year. We continue to face some economic uncertainties, though mortgage rates appear to have peaked and have started to decline. Closed sales were down by 5.3% from last year (they were down by 2.3% in December). At the same time, new pending sales increased by 9.0% compared to last year (which decreased by 4.9% last month).

Prices were mixed for January as compared to last year.  The median sales price decreased from last year by 0.7% (up by 1.8% in December) while the average sales price increased by 56.2% (up by 5.4% last month).

The inventory of available single-family homes increased by 46 homes to 636. This is a 20.0% greater inventory than last January.  The current supply of homes is 3.9 months.  For January of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

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

Martin County Single Family Homes January 2024 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes January 2024 Market Report

Cabana Point Real Estate Market Report February 2024

02.26.24 by

Cabana Point Real Estate Market Report February 2024

Here is the February 2024 real estate market report for the Cabana Point community in Stuart FL.

There are no homes for sale in the Cabana Point community of Stuart Florida.

There are also no Cabana Point homes currently under contract.

In the past 12 months, there has been 1 Cabana Point sale. The sales price was $420,000 which is $480.55 per sq. ft. of living area. This home was on the market for 90 days before going under contract. And, it sold for 89% of the final list price.

Click here to view the previous Cabana Point market report!

About Cabana Point in Stuart Florida:

A Stuart FL waterfront community.

Cabana Point in Stuart Florida
Google Earth image

Cabana Point is an older Stuart community located between the South Fork of the Saint Lucie River and Kanner Hwy.  This community had its first home built in 1958 and the most recent one was built in 2007.  This small community has 40 homes (all but one are single-family homes) and two remaining vacant lots (neither for sale at the time this is being written).   28 of these home sites are waterfront with access to the ocean or to Lake Okeechobee from a canal or the banks of the Saint Lucie River.  The remaining non-waterfront homes have access through a community boat ramp.

Cabana Point in Stuart Florida
Google Earth image

This is a non-HOA community with no fees. You should be aware that this is an older community with many of the homes back from the age of smaller CBS-style cabana homes. Though, as time passes, many of these homes are being torn down and replaced with spacious 2 story modern waterfront homes that are in high demand. Current home sizes range from the largest one which is a 2 story 3,100 sq. ft. (under air), 9 bedrooms, 6 bathrooms estate down to a 2 bedroom, 2 bath home with just over 1,000 sq. ft. of living area.

Cabana Point in Stuart Florida
Google Earth image

For those looking for future appreciation, this community is an excellent investment potential.

Cabana Point in Stuart FL

Check here to see if any Cabana Point homes are available for sale

Stuart FL Real Estate is presented by:
the Gabe Sanders Realty team

Cabana Point Real Estate Market Report February 2024

Heritage Ridge Real Estate Market Report February 2024

02.24.24 by

Heritage Ridge Real Estate Market Report February 2024

As of February 2024, there are 24 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $239,000 up to $649,000.  This is an average list price of $329,123 which equals $231.08 per sq. ft. of living area.

There are 12 Heritage Ridge homes currently under contract.  These homes were on the market with list prices from $185,000 up to $775,000.  This works out to an average list price of $373,941 or $231.48 per sq. ft. of living area.  These properties averaged 55 days on the market before going under contract.

In the past 12 months, there have been 86 Heritage Ridge sales.  Sales prices ranged from $80,000 up to $707,000.  This equals an average sales price of $299,246 which works out to $213.08 per sq. ft. of living area.  These homes were on the market for an average of 49 days before going under contract. And, they sold for an average of 97% 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

The Heritage Ridge community of Hobe Sound encompasses several 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.

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 2024

Florida Townhouses and Condos January 2024 Market Report

02.23.24 by

Florida Townhouses and Condos January 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 1.2% compared to last month’s decrease of 6.2%.  New sales under contract (new pending sales) decreased by 8.5% (In December, there was a 5.5% decrease).

Prices were up for January compared to last year. The median sales price was up by 3.2% for January (was up by 6.5% in December). And the average sales price increased by 3.0% (was up by 10.4% in December).

The inventory of active listings increased by 62.9% from January last year.  This results in a 5.8 months supply of inventory as compared to 3.1 months for January 2023.  We remain 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 months supply of inventory.

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

Florida Townhouses and Condos January 2024 Market Report
Florida Townhouses and Condos January 2024 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 January 2024 Market Report

Mariner Cay Real Estate Market Report February 2024

02.16.24 by

Mariner Cay Real Estate Market Report February 2024

There is 1 home and 6 condos on the market in Mariner Cay in Stuart FL for February 2024.

The condos have list prices that range from $385,000 up to $533,000. This equals an average list price of $447,067 which is $313.83 per sq. ft. of living space.

The home is listed for $2,380,000 or $943.70 per sq. ft. of living area.

No Mariner Cay homes and 3 Mariner Cay condos are currently under contract.

These condos had list prices ranging from $475,000 up to $495,000. This is an average list price of $481,667 which equals $327.31 per sq. ft. of living area.  These condos were on the market for an average of 21 days before going under contract

In the past 12 months, 5 Mariner Cay condos and 3 Mariner Cay single-family homes have sold.

The condo sales prices ranged from $377,000 up to $462,500.  This equals an average sales price of $430,300 which works out to $305.54 per sq. ft. of living space.  These condos averaged 35 days on the market before going under contract. And, sold for an average of 96% of the list price.

The single-family homes had sales prices ranging from $658,000 to $1,400,000. This is an average sales price of $1,136,000 which is $400.91 per sq. ft. of living area.  These homes were on the market for an average of 222 days before going under contract. And, they sold for an average of 92% of the list price.

Click here to view the previous Mariner Cay market report!

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida
Google Earth image

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

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

Mariner Cay in Stuart Florida

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

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

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

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

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

Search Mariner Cay Real Estate

Recent market reports:

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

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

Mariner Cay Real Estate Market Report February 2024

St Lucie County Townhouses and Condos December 2023 Market Report

02.06.24 by

St Lucie County Townhouses and Condos December 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 and have begun to decrease. Closed sales were down by 3.1% from last year (were down by 1.4% in November). New pending sales were down by 42.9% (they were up by 68.6% last month).

Prices were up for December. The median price increased by 6.7% from last year (was up by 1.6% in November) and the average sales price increased by 10.3% (was up by 15.1% % in November).

The available townhouses and condos inventory increased by 31 units from last month to 556 residences. This is a 91.1% greater inventory than we had in December 2022. The current inventory supply is 6.4 months, as compared to 3.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues as 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 December 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 December 2023 Market Report

St Lucie County Single Family Homes December 2023 Market Report

02.05.24 by

St Lucie County Single Family Homes December 2023 Market Report

The December 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were down by 9.6% for the month compared to last year (in November they were down by 0.3%). New sales under contract (new pending sales) decreased by 24.8% (they were down by 7.7% last month).

Prices were slightly higher for December when compared to last year.  The median sales price was up by 2.1% (was up by 2.8% in November).  The average sales price was up by 6.1% (it was up by 7.1% in November).

The number of available homes for sale increased by 41 homes to 1,719 units.  This inventory is 1.6% greater than last year.  The current supply of homes is 3.6 months (it was 3.1 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is 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.

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes December 2023 Market Report

Martin County Townhouses and Condos December 2023 Market Report

02.04.24 by

Martin County Townhouses and Condos December 2023 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 17.4%.  They were down by 21.4% in November.  New sales under contract (new pending sales) were up by 7.4% from last year.  They were up by 21.7% in November.

Prices were up for December.  The median sales price increased by 6.7% (was up by 7.3% last month). And, the average sales price increased by 19.8% (was up by 17.3% in November).

The available townhouses and condos inventory increased by 26 units to 449 properties.  This is a 54.3% greater supply of inventory than we had in December 2022.  Currently, there’s a 5.2 month supply of inventory (compared to 3.2 months for December 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 December 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 December 2023 Market Report

Martin County Single Family Homes December 2023 Market Report

02.03.24 by

Martin County Single Family Homes December 2023 Market Report

The Martin County Single Family Homes Market Report showed slower sales activity from last year. We continue to face some economic uncertainties, though mortgage rates appear to have peaked and have started to decline. Closed sales were down by 2.3% from last year (they were up by 24.5% in November). At the same time, new pending sales decreased by 4.9% compared to last year (which increased by 8.8% last month).

Prices were up for December as compared to last year, however not as fast as in previous months.  The median sales price increased from last year by 1.8% (up by 12.8% in November) while the average sales price increased by 5.4% (up by 41.8% last month).

The inventory of available single-family homes increased by 5 homes to 590. This is an 18.2% greater inventory than last December.  The current supply of homes is 3.6 months.  For December of last year, it was 3.1 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

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

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

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

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

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

Martin County Single Family Homes December 2023 Market Report

Florida Townhouses and Condos December 2023 Market Report

02.02.24 by

Florida Townhouses and Condos December 2023 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 6.2% compared to last month’s increase of 0.3%.  New sales under contract (new pending sales) decreased by 5.5% (In November, there was a 1.2% decrease).

Prices were up for December compared to last year. The median sales price was up by 6.5% for December (was up by 7.5% in November). And the average sales price increased by 10.4% (was up by 3.9% in November).

The inventory of active listings increased by 52.6% from December last year.  This results in a 5.1 months supply of inventory as compared to 2.8 months for December 2022.  We remain 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 months supply of inventory.

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

Florida Townhouses and Condos December 2023 Market Report
Florida Townhouses and Condos December 2023 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 2023 Market Report

St. Lucie County Single Family Homes 2023 4th Quarter Report

01.30.24 by

St. Lucie County Single Family Homes 2023 4th Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2023 4th Quarter Report

For the 4th quarter of 2023, the St Lucie County single-family home real estate market continued the trend of reduced sales volume. Prices rose for this quarter, though at a much-reduced rate from previous reports. Inventory is continuing to increase but at a slower rate. Buyers are starting to re-enter the market as interest rates have started to decrease. I sense a turnaround in the market is imminent to where we enter a historically normal real estate market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2023 4th Quarter Report

Martin County Single Family Homes 2023 4th Quarter Report

01.28.24 by

Martin County Single Family Homes 2023 4th Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data reported by Martin County Realtors.

Martin County Single Family Homes 2023 4th Quarter Report
Martin County Single Family Homes 2023 4th Quarter Report

The Martin County single-family home real estate market showed improved sales activity along with moderating price increases. The inventory continues to grow and buyers seem to be returning to this segment of the Florida real estate market. I sense a turnaround in this market and that we are reentering into a historically normal real estate market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2023 4th Quarter Report

Florida Single Family Homes 2023 4th Quarter Report

01.26.24 by

Florida Single Family Homes 2023 4th Quarter Report

Click the image below to view the full details of the 2023 4th quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2023 4th Quarter Report

For the 4th quarter of 2023, Florida single-family homes continued the trend of reduced sales volume. Prices rose for this quarter, though at a much-reduced rate from previous reports. Inventory is continuing to increase but at a slower rate. Buyers are starting to re-enter the market as interest rates have started to decrease. I sense a turnaround in the market is imminent to where we enter a historically normal real estate market.

Click here to view/download the full report

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

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2023 4th Quarter Report

Murano Real Estate Market Report January 2024

01.25.24 by

Murano Real Estate Market Report January 2024

Palm City Florida Real Estate

There are 2 homes currently available for purchase in the Murano community in Palm City FL. The list prices are $525,000 and $668,000. This is an average list price of $596,500 which is $236.54 per sq. ft. of living space.

There are no Murano homes under contract at this time.

In the past 12 months, 3 Murano homes have sold. The sales prices ranged from $495,000 up to $724,000.  This works out to an average sales price of $603,100 which equals $243.99 per sq. ft. of living area.  These homes were on the market for an average of 101 days before going under contract.  And, they sold for an average of 97% of the list price.

Click here to view the previous Murano market report!

About the Murano Community in Palm City FL:

Murano in Palm City Florida
Google Earth image

Conveniently located off of Martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two-story 5-bedroom, 4-bathroom homes of over 3,200 sq. ft. to single-story 2-bedroom, 2-bath homes of just over 1,700 sq. ft.

Murano Homes in Palm City Florida
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This is a very family-friendly neighborhood close to “A” rated schools, shopping, and Florida’s Turnpike for commuters. There is a community pool and low HOA fees.

The Murano community in Palm City offers newer construction at a relatively affordable price (compared to neighboring newer construction communities). Making it an excellent choice for budget-minded families as well as retirees looking to live in a vibrant Treasure Coast community with excellent amenities only a short drive away.

For those interested in the Murano community of Palm City, please let me know if you’d like to be placed on an automatic listing notifier of available homes in this community.

Murano Homes in Palm City Florida
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Click here to view the current Murano homes for sale

Murano homes for sale 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.

Murano Real Estate Market Report January 2024

St Lucie County Single Family Home Sales 2023 Yearly Review

01.24.24 by

St Lucie County Single Family Home Sales 2023 Yearly Review

The St Lucie County Single Family Home Sales for 2023 as reported by Florida Realtors continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 13.5% (were down by 10.0% in 2022) and new sales under contract (new pending sales) decreased by 9.7% (were down by 18.0% in 2022).

St Lucie County Single Family Home Sales 2023 Yearly Review
St Lucie County Single Family Home Sales 2023 Yearly Review

Both median and average sales prices were up for 2023 by 2.2% and 1.8% respectively.   These numbers were 23.6% and 20.5% respectively in 2022. These prices are not rising as fast as in previous years.

The inventory of available homes for sale increased by 1.6% from 2022 (When there was a 170.7% increase).  While the monthly supply of homes increased to 3.6 months from 3.1 months in 2022.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2023 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

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

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

St Lucie County Single Family Home Sales 2023 Yearly Review

Martin County Single Family Home Sales 2023 Yearly Review

01.22.24 by

Martin County Single Family Home Sales 2023 Yearly Review

The Martin County Single Family Home Sales for 2023 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly and increasing mortgage rates. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were up by 0.1% (were down by 30.1% in 2022) and new sales under contract (new pending sales) increased by 1.3% (was down by 30.3% in 2022).

Martin County Single Family Home Sales 2023 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2022 to 2023) by 3.5% and 2.5% respectively.  This rate while positive is not as high as last year which was 17.8% and 7.2% respectively in 2022.

The inventory of available homes for sale rose by 18.2% from 2022.  While the monthly supply of homes increased to 3.6 months. Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor the buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2023 Yearly Review

Click here to view previous Martin County yearly reviews!

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

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

Martin County Single Family Home Sales 2023 Yearly Review

Florida Single Family Home Sales 2023 Yearly Review

01.20.24 by

Florida Single Family Home Sales 2023 Yearly Review

The Florida Single Family Home Sales for 2023 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 10.3% (down by 18.0% in 2022) and new sales under contract (new pending sales) decreased by 7.1% (down by 21.1% in 2022).

Florida Single Family Home Sales 2023 Yearly Review

Click here for the full report

Both median and average sales prices were up (2022 to 2023) by 1.9% and 2.1% respectively.   These numbers were 15.7% and 11.3% respectively for 2022. Prices are not rising as fast as in previous years.

The inventory of available homes for sale increased by 17.8% from 2022.  While the month’s supply of homes increased to 3.6 months.  Indicating that the Florida single-family home market is still in a seller’s market.

Click here to view or download the full report:
2023 Florida Single Family Home Sales Review

View previous Florida Single Family Home Yearly Reviews

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

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

Florida Single Family Home Sales 2023 Yearly Review