Search Results for: sea winds market report

Martin County Townhouses and Condos January 2023 Market Report

02.24.23 by

Martin County Townhouses and Condos January 2023 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Closed sales for the month were down by 43.8%.  They were down by 38.9% in November.  New sales under contract (new pending sales) were down by 7.5% from last year.  They were down by 26.1% in December.

Year-to-year prices were stubbornly higher once again.  The median sales price increased by 26.0% (was down by 1.8% last month). While the average sales price increased by 8.2% (was up by 0.8% in December).

The available townhouses and condos inventory increased by 9 units to 300 properties.  This is a 222.6% greater supply of inventory than we had in January 2022.  Currently, there’s a 3.4 months supply of inventory (compared to 0.8 months for January 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.

Martin County Townhouses and Condos January 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 January 2023 Market Report

Martin County Single Family Homes January 2023 Market Report

02.23.23 by

Martin County Single Family Homes January 2023 Market Report

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

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

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

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

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

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

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

Martin County Single Family Homes January 2023 Market Report

Florida Townhouses and Condos January 2023 Market Report

02.22.23 by

Florida Townhouses and Condos January 2023 Market Report

Florida Townhouses and Condos market report continue 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 a little, which may indicate future increased activity. Closed sales were down by 40.7% compared to last month’s decrease of 40.0%.  New sales under contract (new pending sales) decreased by 31.4% (In December, there was a 39.9% decrease).

Year-to-year prices were higher.  The median sales price was up by 8.8% (was up by 8.8% in December). While the average sales price increased by 10.7% (was up 1.5% in December).

The inventory of active listings increased by 90.0% from January last year.  This results in 3.1 months supply of inventory as compared to 1.2 months for January 2021.  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 month supply of inventory.

Florida Townhouses and Condos January 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 January 2023 Market Report

Four Winds on the River Real Estate Market Report February 2023

02.22.23 by

Four Winds on the River Real Estate Market Report February 2023

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

There are also no Four Winds condos currently under contract and awaiting sale.

In the past 12 months, only 1 Four Winds on the River condo has sold.  The sales price was $400,000 or $296.30 per sq. ft. of living area.  This sale was for 100% of the last list price. And, it was on the market for 78 days before going under contract.

Click here to view the previous Four Winds on the River market report!

About Four Winds on the River in Stuart FL:

Four Winds on the River in Stuart FL

Four Winds on the River Condos:

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There have been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one-bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River in Stuart FL
Google Earth image

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Recent Four Winds on the River condo sales:

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities, and downtown Stuart.

Four Winds on the River in Stuart FL

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Four Winds on the River Real Estate Market Report February 2023

Florida Single Family Homes January 2023 Market Report

02.21.23 by

Florida Single Family Homes January 2023 Market Report

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

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

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

Previous Florida real estate market report posts.

Florida Single Family Homes January 2023 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes January 2023 Market Report

 

Windstone Real Estate Market Report February 2023

02.10.23 by

Windstone Real Estate Market Report February 2023

As of February 2023, there is 1 home for sale in the Windstone community of Palm City, FL.  The list price is $965,000 or $297.56 per sq. ft. of living area.

There is also 1 Windstone home under contract at this time. The list price was $990,000 or $319.35 per sq. ft. of living area. This home was on the market for 40 days before going under contract.

In the past 12 months, 6 Windstone homes have sold.  Sales prices ranged from $950,000 up to $1,475,000. This is an average sales price of $1,251,667 which equals $365.63 per sq. ft. of living area.  These homes averaged 18 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here to view the previous Windstone market report!

About Windstone in Palm City FL:

Windstone real estate in Palm City FL
Google Earth Image

Windstone homes for sale:

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone August 2019 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL
Google Earth Image

Recently sold in Windstone:

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone August 2019 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone August 2019 Market Report is within close range to “A” rated school, I-95 and Florida’s Turnpike making this a great place for locals or commuters to call home!

Windstone February 2020 Market Report

Search the MLS for Windstone Homes for Sale

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View Our Featured Listings!

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.

Windstone Real Estate Market Report February 2023

St Lucie County Townhouses and Condos December 2022 Market Report

02.06.23 by

St Lucie County Townhouses and Condos December 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 and stubbornly high prices. Closed sales were down by 38.7% from last year (were down by 39.7% in November). New pending sales were down by 20.6% (they were down by 50.5% last month).

Year-to-year prices were up for December. The median price increased by 20.0% from last year (was up by 23.1% in November) and the average sales price increased by 18.0% (was up by 32.5% in November).

The available townhouses and condos inventory decreased by 15 units from last month to 291 residences. This is 99.3% greater inventory than we had in December 2021. The current inventory supply is 3.0 months, as compared to 1.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 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 December 2022 Market Report

St Lucie County Single Family Homes December 2022 Market Report

02.05.23 by

St Lucie County Single Family Homes December 2022 Market Report

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

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

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes December 2022 Market Report

Martin County Townhouses and Condos December 2022 Market Report

02.04.23 by

Martin County Townhouses and Condos December 2022 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates. Price increases seem to have moderated which may be an indication for future increased sales activity. Closed sales for the month were down by 38.9%.  They were down by 26.3% in November.  New sales under contract (new pending sales) were down by 26.1% from last year.  They were down by 37.5% in November.

Year-to-year prices were mixed.  The median sales price decreased by 1.8% (was up by 42.5% last month). While the average sales price increased by 0.8% (was up by 13.1% in November).

The available townhouses and condos inventory increased by 5 units to 291 properties.  This is a 282.9% greater supply of inventory than we had in December 2021.  Currently, there’s a 3.2 months supply of inventory (compared to 0.7 months for December 2021).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos December 2022 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 2022 Market Report

Martin County Single Family Homes December 2022 Market Report

02.03.23 by

Martin County Single Family Homes December 2022 Market Report

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

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

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

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

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

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

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

Martin County Single Family Homes December 2022 Market Report

Florida 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

Florida Single Family Homes December 2022 Market Report

02.01.23 by

Florida Single Family Homes December 2022 Market Report

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

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

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

Previous Florida real estate market report posts.

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

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

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

Florida Single Family Homes December 2022 Market Report

 

Oceana Oceanfront and North Condos January 2023 Market Report

01.07.23 by

Oceana Oceanfront and North Condos January 2023 Market Report

For January 2023, there are 2 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. The list prices are $479,900 and $569,000. This is an average list price of $524,450 which is $512.66 per sq. ft. of living space.

There are also 2 Oceana Oceanside condos currently under contract. The list prices were $385,000 and $499,000. This equals an average list price of $442,000 or $458.02 per sq. ft. of living space. These condos averaged 93 days on the market before going under contract.

In the past 12 months, 17 Oceana North/Oceanside condos have sold. Sales prices ranged from $380,000 up to $545,000. This equals an average sales price of $482,971 which works out to $472.66 per sq. ft. of living space. These condos sold for an average of 99% of the list price. And, they averaged 29 days on the market before going under contract.

Click here to view the previous Oceana North condo market report!

About the Oceana Oceanfront and North Condos:

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Oceana North condos for sale:

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana I was built in 1975 and is a 12 story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units. Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area. Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft. The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle was areas.

Recent Oceana North sales:

Both buildings share a large clubhouse with a fitness and game room, kitchen and bar and a large social area. 1 small pet is allowed as well as rentals with a 3-month minimum lease restriction. There are four tennis courts directly across the street as well as 2 RV/Boat parking areas. Trucks are also allowed.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Condo fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal, and Water.

Oceana North and Oceanfront Condos in Jensen Beach
Search Links:

Click on this link to search for available Oceana North Condos in Jensen Beach

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 Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Oceana Oceanfront and North Condos January 2023 Market Report

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

St Lucie County Single Family Homes November 2022 Market Report

12.27.22 by

St Lucie County Single Family Homes November 2022 Market Report

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

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

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes November 2022 Market Report

Martin County Townhouses and Condos November 2022 Market Report

12.26.22 by

Martin County Townhouses and Condos November 2022 Market Report

The Martin 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 for the month were down by 26.3%.  They were down by 4.9% in October.  New sales under contract (new pending sales) were down by 37.5% from last year.  They were down by 41.2% in October.

Year-to-year prices continue to go up at stubbornly high rates.  The median sales price increased by 42.5% (was up by 45.2% last month). While the average sales price increased by 13.1% (was up by 25.1% in October).

The inventory of available townhouses and condos increased by 41 units to 286 properties.  This is an 89.4% greater supply of inventory than we had in November 2021.  Currently, there’s a 3.0 months supply of inventory (compared to 1.3 months for November 2021).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos November 2022 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos November 2022 Market Report

Beachwood Villas Real Estate Market Report December 2022

12.26.22 by

Beachwood Villas Real Estate Market Report December 2022

For December 2022, there are no active listings in the Beachwood Villas of Hutchinson Island. 

And, no Beachwood Villas pending sales as of this time.

In the past 12 months, there have been only 2 Beachwood Villas sales. Sales prices were $545,000 and $639,000. This works out to an average sales price of $592,000 or $491.40 per sq. ft. of living area. These condos sold for an average of 95% of the list price. And, they averaged 64 days on market prior to going under contract.

Click here to view the previous Beachwood Villas market report!

About Beachwood Villas on Hutchinson Island in Stuart FL:

Beachwood Villas on Hutchinson Island in Stuart Florida
Google Earth image

Beachwood Villas condos for sale:

Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two-bedroom, two-bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Beachwood Villas on Hutchinson Island in Stuart Florida

Many units have direct oceanfront views and all of the condos have under-building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

Recent Beachwood Villas sales:

At the time of this writing management and condo fees are approximately $560 per month. Beachwood Villas is a pet-friendly community with two large dogs permitted for owners.

Beachwood Villas on Hutchinson Island in Stuart Florida

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

Beachwood Villas on Hutchinson Island in Stuart FL

Search here for all available Beachwood Villas for Sale

Additional Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider: 
Angler Cove – Buttonwood – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Maritimes – Ocean View – Sailfish Point – Sandpebble – Suntide

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.

Beachwood Villas Real Estate Market Report December 2022

Martin County Single Family Homes November 2022 Market Report

12.23.22 by

Martin County Single Family Homes November 2022 Market Report

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

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

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

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

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

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

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

Martin County Single Family Homes November 2022 Market Report

Florida 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

Florida Single Family Homes November 2022 Market Report

12.21.22 by

Florida Single Family Homes November 2022 Market Report

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

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

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

Previous Florida real estate market report posts.

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

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

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

Florida Single Family Homes November 2022 Market Report