Search Results for: Martin County Single Family Homes Market Report

Martin County Single Family Homes November 2021 Market Report

12.24.21 by

Martin County Single Family Homes November 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last November. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 19.5% from last year (were down by 25.0% in October).  While new pending sales decreased by 28.9% as compared to last year (decreased by 29.2% last month).

Prices, however, continued to rise in November.  The median sales price increased from last year by 28.0% (it was up by 19.2% in October) while the average sales price increased by 10.0% (up by 14.4% last month).

The inventory of available single-family homes decreased by 20 homes from last month to 231 homes. This is 53.6% less inventory than last November.  The current supply of homes is only 1.0 months.  For November of last year, it was a 2.3 months supply.  We remain in an extreme 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 2021 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 2021 Market Report

Florida Single Family Homes November 2021 Market Report

12.22.21 by

Florida Single Family Homes November 2021 Market Report

The Florida Single Family Home market activity was slightly more active in sales volume compared to last November. This is an improvement from October’s results. Closed sales were up by 4.3% (were down by 6.8% in October). New sales under contract (new pending sales) were up by 1.6% (were down by 3.6% in October).

Prices continue to rise.  The median sales price rose by 19.6% (it was up by 17.7% in October). And, the average sales price was up by 17.2% (it was up by 12.9% last month).

The inventory of available homes for sale decreased by 31.1% from last year.  This represents only a 1.2 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (November 2020 had a 2.0 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 November 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes November 2021 Market Report

Sunset Trace Palm City December 2021 Market Report

12.05.21 by

Sunset Trace Palm City December 2021 Market Report

As of December 2021, there are 3 homes for sale in Sunset Trace in Palm City FL.  List prices range from $228,900 up to $285,000. This is an average list price of $247,967 which is $194.34 per sq. ft. of living area.

There are 9 homes under contract and awaiting settlement.  The list prices ranged from $220,000 up to $299,900.  This works out to an average list price of $251,644 which equals $194.37 per sq. ft. of living area.  These homes were on the market for an average of 15 days prior to going under contract.

In the past 12 months, 39 homes have sold in Sunset Trace.  Sales prices ranged from a low of $149,000 up to $312,500.  This equals an average sales price of $213,500 or $162.63 per sq. ft. of living area.  These homes sold for an average of 100% of the list price. And, they were on the market for an average of 14 days before going under contract.

Click here to view recent Sunset Trace market reports!

About Sunset Trace in Palm City FL:

Sunset Trace at Martin Downs in Palm City Florida
Google Earth image

Sunset Trace homes for sale:

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  Only a 15-minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community.   DiVosta quad townhomes feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area.  Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area.  Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single-family homes with 3 Bedrooms, 2 and ½ baths and a one-car garage in 1346 square feet of living area.

Recently sold Sunset Trave homes:

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, an outdoor racquet and/or handball courts and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

Sunset Trace real estate in Palm City FL
Sunset Trace Townhouse

All ages are welcome in Sunset Trace. Children attend Citrus Grove Elementary School, Hidden Oaks Middle School, and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and carefree.

Sunset Trace Townhouse
Sunset Trace in Palm City FL

Search here for Sunset Trace 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.

Sunset Trace Palm City December 2021 Market Report

Heronwood November 2021 Market Report

11.30.21 by

Heronwood November 2021 Market Report

As of November 2021, there is only 1 home for sale in the Heronwood community in the Martin Downs Country Club in Palm City FL.  This home has a list price of $500,000 which equals $274.12 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 19 Heronwood homes have sold.  Sales prices ranged from $305,000 up to $585,000.  This equals an average sales price of $461,905 which works out to $213.14 per sq. ft. of living area.  These homes sold for an average of 100% of the list price.  And, they were on the market for an average of 13 days before going under contract.

Click here to view the previous Heronwood market reports

About Heronwood in Martin Downs:

Heronwood in the Martin Downs Country Club in Palm City Florida
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Heronwood homes for sale:

A subdivision of 150 homes in the Martin Downs Country Club of Palm City, FL. Heronwood consists of single-family homes that were built between 1983 and 1987.  Homes range in size from smaller 2 bedroom, 2 bathroom homes with a den at 1,567 sq. ft. of living area with garages up to spacious 4 bedroom, 3 bathroom homes with over 3,000 sq. ft. of living area.

Homes in Heronwood have access to the golf course and community facilities available in the Martin Downs Country Club and many of these homes feature golf course and/or lake/pond views.  As of June 2019, the HOA fees in Heronwood are a very reasonable $149.00 a month.  Heronwood allows up to two large pets per home and rentals are also allowed with some restrictions.  All ages are welcome in this country club community.

Recent Heronwood sales:

The Martin Downs Country Club offers 24 hour gated security along with patrols for the safety and security of all residents.  Enjoy the full-service professional golf course, dining facility and the Martin Downs sports complex for those wishing the active Florida lifestyle.  (Memberships in these facilities are extra and check for the current fees.)

Close to shopping, Florida’s Turnpike as well as the beaches and waterways that Martin County has to offer and in an ‘A’ rated school district.  The Heronwood community is a wonderful place to call home.

Heronwood in Martin Downs

Here are the currently available Heronwood Homes 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.

Heronwood November 2021 Market Report

St Lucie County Single Family Homes October 2021 Market Report

11.27.21 by

St Lucie County Single Family Homes October 2021 Market Report

The October 2021, St Lucie County Single Family Home market had slower sales activity when compared to last year. This is due to our currently very low inventory and high prices. Closed sales were down by 7.7% for the month compared to last year (in September they were up by 2.3%). New sales under contract (new pending sales) increased by 7.5% (they were up by 3.9% last month).

Prices continued to rise in October.  The median sales price was up by 28.8% (was up by 27.6% in September).  The average sales price was up by 25.4% (it was up by 28.2% in September).

The number of available home listings increased by 22 homes to 749 homes.  This inventory is 21.9% less than last year.  The current supply of homes is only 1.3 months (it was 1.8 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes October 2021 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 October 2021 Market Report

Martin County Single Family Homes October 2021 Market Report

11.24.21 by

Martin County Single Family Homes October 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last October. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 25.0% from last year (were down by 25.0% in September).  While new pending sales decreased by 29.2% as compared to last year (decreased by 21.8% last month).

Prices, however, continued to rise in October.  The median sales price increased from last year by 19.2% (it was up by 12.2% in September) while the average sales price increased by 14.4% (up by 21.9% last month).

The inventory of available single-family homes decreased by 39 homes from last month to 251 homes. This is 50.5% less inventory than last October.  The current supply of homes is only 1.0 months.  For October of last year, it was a 2.4 months supply.  We remain in an extreme 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.

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 October 2021 Market Report

Florida Single Family Homes October 2021 Market Report

11.22.21 by

Florida Single Family Homes October 2021 Market Report

The Florida Single Family Home market activity was weaker than last October. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Though, I do see some indications that the inventory may soon start increasing. Closed sales were down by 6.8% (were down by 1.3% in September). New sales under contract (new pending sales) were down by 3.6% (were down by 6.1% in September).

Prices, however, continued to rise.  The median sales price rose by 17.7% (it was up by 18.3% in September). And, the average sales price was up by 12.9% (it was up by 16.3% last month).

The inventory of available homes for sale decreased by 29.9% from last year.  This represents only a 1.3 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (October 2020 had a 2.1 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 October 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes October 2021 Market Report

Martin County Single Family Homes 2021 3rd Quarter Report

11.12.21 by

Martin County Single Family Homes 2021 3rd Quarter Report

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

Martin County Single Family Homes 2021 3rd Quarter Report

The Martin County single-family home market had weaker sales volume when compared to the 3rd quarter of 2020, last year.   Prices, however, were higher than this period last year with strong gains. Currently, our biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the near future.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2021 3rd Quarter Report

River Marina November 2021 Market Report

11.10.21 by

River Marina November 2021 Market Report

For November 2021, there are 3 homes and/or townhomes available for sale in River Marina in Stuart FL. The list prices range from $310,000 up to $749,000. (2 townhomes and 1 single-family home) This is an average list price of $456,333 or $207.89 per sq. ft. of living area. 

There are 2 properties currently under contract. (1 townhome and 1 single-family home) List prices were $289,000 and $630,000.  This works out to an average list price of $459,500 which equals $233.05 per sq. ft. of living area.  These homes went under contract an average of 4 days after going on the market.

In the past 12 months, 39 properties have been sold in River Marina (9 single-family homes and 30 townhomes).  Sales prices ranged from $220,000 up to $560,000.  The average sales price was $297,008 which works out to $166.26 per sq. ft. of living area.  These homes sold on average for 99% of the list price and were under contract in an average of 34 days on the market.

Click here to view the previous River Marina market reports

About River Marina in Stuart FL:

River Marina in Martin County Florida
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River marina homes and townhomes for sale:

River marina is a newer community consisting of 84 single-family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single-family homes in River Marina are in a gated enclave.

Also available are newer townhomes in a non-gated area. Currently, only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

Recent River marina sales:

New townhomes feature 3 bedrooms, 2 and 1/2 bathrooms and a single car garage with granite countertops and stainless steel appliances.   Priced attractively for today’s market.  For a new buyer discount program, please contact Gabe Sanders for details.

River Marina in Martin County Florida
Google Earth image

Search for homes and townhomes for sale in River Marina

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.

River Marina November 2021 Market Report

Conquistador Homes and Condos Market Report November 2021

11.03.21 by

Conquistador Homes and Condos Market Report November 2021

Homes:  There are no homes currently on the market in Conquistador Estates.

There is 1 home currently under contract. The list price was $559,900 or $223.42 per sq. ft. of living area. . This home was on the market for only 3 days before going under contract.

Additionally, only 1 home has sold in the past 12 months. The sales price was $434,900 which is $222.68 per sq. ft. of living area. This home was on the market for 2 days before going under contract.

Condos: There are currently no condos for sale in Conquistador. 

There are 2 Conquistador condos under contract at this time.  The list prices were $190,000 and $215,000. This is an average list price of $202,500 which equals $182.56 per sq. ft. of living area. These condos averaged 23 days on the market before going under contract.

In the past 12 months, 24 condos have sold in Conquistador.  Sales prices ranged from $160,000 up to $225,000.  The average sales price was $190,308 which equals $175.75 per sq. ft. of living area. These sales averaged 98% of the list price and went under contract in an average of 26 days after being listed.

Click here to view the previous Conquistador market reports

About Conquistador Homes and Condos in Stuart FL:

Conquistador in Stuart Florida
Google Earth image

Conquistador homes and condos for sale:

Conquistador homes and condos are in the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single-family homes (the estate’s section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.

Conquistador in Stuart Florida
Google Earth image

Recent Conquistador sales:

This is a very active senior community with an active clubhouse with a fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year-round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Conquistador Condos and Homes in Stuart FL

Search for available Homes and Condos in Conquistador here

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.

Conquistador Homes and Condos Market Report November 2021

The Estuary October 2021 Market Report

10.30.21 by

The Estuary October 2021 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the October 2021 market report for this gated community:

Homes

There are no homes currently available for sale in the Estuary.

There are also no homes currently under contract.

In the past 12 months, 9 Estuary homes have sold.  Sales prices ranged from $410,000 up to $860,000.  This equals an average sales price of $571,433 which works out to $253.91 per sq. ft. of living area. These homes sold for an average of 97% of the list price. And, went under contract in an average of 108 days.

Condos

There is 1 condo currently for sale in the Estuary. The list price is $239,900 which is $229.13 per sq. ft. of living area.

There are also no condos currently under contract.

In the past 12 months, 2 condos have sold in the Estuary.  Sales prices ranged from $239,000 up to $289,500.  This equals an average sales price of $264,250 which works out to $256.56 per sq. ft. of living area.  These condos averaged 27 days on the market before going under contract. And, sold for an average of 95% of the list price.

Click here to view past Estuary market reports.

About the Estuary:

The Estuary in Stuart FL

Estuary homes and condos for sale:

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.

Recent Estuary sales:


The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

Different sections of the Estuary include well-appointed 2 and 3 bedroom condos with pool and lake views.  A select number of condos have mile-wide river views of the Saint Lucie River.  An inland section of varying styles, sizes and shapes of homes built from the early 1980s and also called River Shores Plantation. 

The Estuary in Stuart FL

In 2002, a section of the Estuary was added with villas and smaller single-family homes on Tillia Trail with their own community pool.  Larger single-family homes were also added at this time along Estuary Court, Plumbago Trail and the western section of NW 21’st Terrace.  This section also boasts a community dock suitable for good-sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

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

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

The Estuary October 2021 Market Report

St Lucie County Single Family Homes September 2021 Market Report

10.28.21 by

St Lucie County Single Family Homes September 2021 Market Report

The September 2021, St Lucie County Single Family Home market had slightly improved sales activity when compared to last year. This is quite impressive as other markets are showing slower sales activity since there is so little inventory and high prices. Closed sales were up by 2.3% for the month compared to last year (in August they were down by 11.7%). New sales under contract (new pending sales) increased by 3.9% (they were up by 7.9% last month).

Prices continued to rise in September.  The median sales price was up by 27.6% (was up by 25.7% in August).  The average sales price was up by 28.2% (it was up by 21.5% in August).

The number of available home listings increased by 3 homes to 727 homes.  This inventory is 24.9% less than last year.  The current supply of homes is only 1.2 months (it was 1.9 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes September 2021 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 September 2021 Market Report

Martin County Single Family Homes September 2021 Market Report

10.26.21 by

Martin County Single Family Homes September 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 25.0% from last year (were down by 8.5% in August).  While new pending sales decreased by 21.8% as compared to last year (decreased by 19.0% last month).

Prices, however, continued to rise in September.  The median sales price increased from last year by 12.2% (it was up by 16.5% in August) while the average sales price increased by 21.9% (up by 29.3% last month).

The inventory of available single-family homes decreased by 12 homes from last month to 290 homes. This is 46.1% less inventory than last September.  The current supply of homes is only 1.2 months.  For September of last year, it was a 2.6 months supply.  We remain in an extreme 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 September 2021 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 September 2021 Market Report

Florida Single Family Homes September 2021 Market Report

10.22.21 by

Florida Single Family Homes September 2021 Market Report

The Florida Single Family Home market activity was weaker than last September. Mostly because of the low inventory of available homes as well as the rapid appreciation of prices. Closed sales were down by 1.3% (were up by 0.2% in August). New sales under contract (new pending sales) were down by 6.1% (were down by 4.7% in August).

Prices, however, continued to rise.  The median sales price rose by 18.3% (it was up by 18.0% in August). And, the average sales price was up by 16.3% (it was up by 19.7% last month).

The inventory of available homes for sale decreased by 29.2% from last year.  This represents only a 1.3 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (September 2020 had a 2.2 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 September 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes September 2021 Market Report

St Lucie County Single Family Homes August 2021 Market Report

09.28.21 by

St Lucie County Single Family Homes August 2021 Market Report

The August 2021, St Lucie County Single Family Home market showed fewer closed when compared to last year. This is most likely a result of the historically low inventory of properties available for sale as well as the recent increase in prices. There appear to be many buyers but not enough available or affordable listings. New pending sales rose slightly which is hopefully a good sign for the future. Closed sales were down by 11.7% for the month compared to last year (in July they were up by 5.0%). New sales under contract (new pending sales) increased by 7.9% (they were down by 19.9% last month).

Prices continued to rise in August.  The median sales price was up by 25.7% (was up by 26.0% in July).  The average sales price was up by 21.5% (it was up by 23.1% in July).

The number of available home listings increased by 65 homes to 724 homes.  This inventory is 23.6% less than last year.  The current supply of homes is only 1.2 months (it was 1.9 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2021 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 August 2021 Market Report

Martin County Single Family Homes August 2021 Market Report

09.24.21 by

Martin County Single Family Homes August 2021 Market Report

The Martin County Single Family Homes Market Report showed fewer closed and new pending sales when compared to last year. This is most likely a result of the historically low inventory of properties available for sale as well as the recent increase in prices. There appear to be many buyers but not enough available or affordable listings. Closed sales were down by 8.5% from last year (were down by 8.6% in July).  While new pending sales decreased by 19.0% as compared to last year (decreased by 18.4% last month).

Prices continued to rise in August.  The median sales price increased from last year by 16.5% (it was up by 16.7% in July) while the average sales price increased by 29.3% (up by 7.1% last month).

The inventory of available single-family homes decreased by 3 homes from last month to 302 homes. This is 46.0% less inventory than last August.  The current supply of homes is only 1.2 months.  For August of last year, it was a 2.8 months supply.  We remain in an extreme 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 August 2021 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 August 2021 Market Report

Florida Single Family Homes August 2021 Market Report

09.22.21 by

Florida Single Family Homes August 2021 Market Report

The Florida Single Family Home market activity was almost unchanged for closed sales when compared to last year. Pending sales were lower. This is a result of the historically low inventory of homes on the market. There are many buyers but not enough available homes. Closed sales were up by 0.2% (were down by 2.1% in July). New sales under contract (new pending sales) were down by 4.7% (were down by 14.1% in July).

Prices, however, continued to rise.  The median sales price rose by 18.0% (it was up by 20.3% in July). And, the average sales price was up by 19.7% (it was up by 22.8% last month).

The inventory of available homes for sale decreased by 32.4% from last year.  This represents only a 1.3 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (August 2020 had a 2.3 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 August 2021 Market Report
Download the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes August 2021 Market Report

The Meadows Palm City September 2021 Market Report

09.21.21 by

The Meadows Palm City September 2021 Market Report

There are currently 3 homes for sale in the Meadows in Palm City FL.  List prices range from $265,000 up to $429,900.  This is an average list price of $339,967 which equals $231.77 per sq. ft. of living area.

There are currently 12 homes under contract in the Meadows.  These homes were listed from $182,500 up to $525,000.  This is an average list price of $362,867 which is $219.10 per sq. ft. of living area.  These homes averaged 37 days on the market before going under contract.

In the past 12 months, there have been 45 sales in the Meadows.  Sales prices ranged from a low of $180,000 up to $395,000.  This is an average sales price of $292,900 or $187.83 per sq. ft. of living area.  These homes went under contract in an average of 42 days and sold for an average of 98% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

The Meadows in Palm City Florida
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The Meadows homes for sale:

The Meadows at Martin Downs is a family-friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6  distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows is a guard-gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon-to-be-constructed villages of The Meadows.

Recent sales in the Meadows:

Meadows History:
Entrance to the Meadows

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town-Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as full-time support staff.

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age-restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Search for the Meadows Homes for Sale

Recent market reports:

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

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

The Meadows Palm City September 2021 Market Report

Martins Crossing Market Report September 2021

09.08.21 by

Martins Crossing Market Report September 2021

There are currently 3 homes for sale in Martins Crossing in Stuart FL.  Prices range from $299,000 up to $395,000.  This is an average list price of $352,067 which equals $200.22 per sq. ft. of living area.

There are 6 homes currently under contract.  List prices ranged from a low of $269,000 up to $450,000.  This equals an average list price of $358,833 which is $202.33 per sq. ft. of living area.  These homes went under contract in an average of 11 days.

In the past twelve months, 68 homes have sold in Martins Crossing.  Sales prices ranged from a low of $205,000 to a high of $575,000.  This equals an average sales price of $326,731 which works out to $163.06 per sq. ft. of living area.  These homes sold at an average of 99% of list price and were under contract in an average of 26 days.

Click here to view previous Martins Crossing market reports.

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
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Martins Crossing homes for sale:

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing Clubhouse and Pool
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Martins Crossing community amenities include lush landscaping and private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, an oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing Townhomes
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Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Recently sold Martins Crossings homes:

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Market Report September 2021

St Lucie County Single Family Homes July 2021 Market Report

08.27.21 by

St Lucie County Single Family Homes July 2021 Market Report

The July 2021, St Lucie County Single Family Home market showed slightly improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 5.0% for the month compared to last year (in June they were up by 25.7%). New sales under contract (new pending sales) decreased by 19.9% (they were down by 36.0% last month).

Prices continued to rise in July.  The median sales price was up by 26.0% (was up by 24.5% in June).  The average sales price was up by 23.1% (it was up by 28.9% in June).

The number of available home listings decreased by 258 homes to 659 homes.  This inventory is 39.1% less than last year.  The current supply of homes is only 1.1 months (it was 2.2 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes July 2021 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 July 2021 Market Report