Search Results for: Martin County Single Family Homes Market Report

Florida Single Family Homes April 2020 Market Report

05.21.20 by

Florida Single Family Homes April 2020 Market Report

The Florida Single Family Home market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 20.7% (were up by 6.4% in March). New sales under contract (new pending sales) were down by 35.1% (were down by 22.6% in February).

Prices, however, were up for April.  The median sales price rose by 6.0% (it was up by 7.4% in March). The average sales price was up by 3.0% (it was up by 8.9% last month).

The inventory of available homes for sale decreased by 26.5% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (April 2019 had a 4.1 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

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 April 2020 Market Report

Conquistador Homes and Condos Market Report May 2020

05.18.20 by

Conquistador Homes and Condos Market Report May 2020

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

There are also no Conquistador single family homes currently under contract. 

In the past 12 months, there have been 5 homes sold in Conquistador Estates.  The sales prices ranged from $270,000 up to $390,000.  This is an average sales price of $323,000 which works out to $182.34 per sq. ft. of living area.  These homes were on the market for an average of 71 days prior to going under contract and sold for an average of 95% of list price.

Condos: There is only 1 condo currently for sale in Conquistador.  The list price is $139,900 which equals $134.00 per sq. ft. of living area.

There are also no Conquistador condos under contract at this time. 

In the past 12 months, 13 condos have sold in Conquistador.  Sales prices ranged from $127,000 up to $220,000.  The average sales price was $156,538 which equals $136.51 per sq. ft. of living area. These sales averaged a 96% list to sales ratio as well as going under contract in an average of 56 days after being listed.

Click here to view the previous Conquistador market reports

About Conquistador Homes and Condos in Stuart FL:

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.

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

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.

Conquistador Homes and Condos Market Report May 2020

Martin County Single Family Homes 2020 1st Quarter Report

05.14.20 by

Martin County Single Family Homes 2020 1st 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 2020 1st Quarter Report

The Martin County single-family home market continues to show improved sales volume when compared to the 1st quarter of 2019 last year.   Prices were also higher than this period last year with some very impressive gains.

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

Recent market reports:

Martin County Single Family Homes 2020 1st Quarter Report

Oakbrooke Estates May 2020 Market Report

05.11.20 by

Oakbrooke Estates May 2020 Market Report

For May 2020, there are no homes for sale in the Oakbrooke Estates community of Palm City in Martin County.

There are also no homes currently under contract.

In the past 12 months, 3 Oakbrooke Estates homes have sold.  Sales prices ranged from $424,900 up to $460,000.  This works out to an average sales price of $437,967 or $155.06 per sq. ft. of living area.  These homes sold for an average of 97% of list price and went under contract in an average of 60 days after being listed.

Click here to view previous Oakbrooke Estates market reports!

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City FL

Also known as Oakbrooke Estates Gardens.  Located on the north side of Martin Hwy (State Road 714) and just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike.  This community was built between 2003 and 2005 and consists of 70 single family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft. and all these homes come with 3 car garages.

Oakbrooke Estates in Palm City FL
Oakbrooke Estates real estate in Palm City FL

Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs.  There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security.  The low HOA fees of $180 cover the common areas, security gate, trash pickup, and basic cable TV.

Oakbrooke Estates real estate in Palm City FL

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle and Martin County High Schools.

Oakbrooke Estates real estate in Palm City FL

A wonderful family-friendly community of newer palm City Homes.

Check here to see if any Oakbrooke estates homes are available 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.

Oakbrooke Estates May 2020 Market Report

Coral Lakes May 2020 Market Report

05.02.20 by

Coral Lakes May 2020 Market Report

For May 2020 there are 3 homes available for sale in Coral Lakes in Stuart FL.  The list prices range from $369,000 up to $494,900. This is an average list price of $414,300 which is equal to $193.84 per sq. ft. of living area.

There are no homes currently under contract in Coral Lakes.

5 homes have sold in the past 12 months in Coral Lakes.  These homes sold for prices ranging from $349,900 up to $465,000.  This equals an average sales price of $425,980 which works out to $202.33 per sq. ft. of living area. These homes were on the market for an average of 60 days before going under contract and sold for 99% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes in Stuart FL

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates, and management (as of March 2019).  Many homes have private pools in these spacious single family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

  • Coral Lakes real estate in Stuart FL
  • Coral Lakes real estate in Stuart FL
  • Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Check here to see which Coral Lakes homes are available 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.

Coral Lakes May 2020 Market Report

St Lucie County Single Family Homes March 2020 Market Report

04.29.20 by

St Lucie County Single Family Homes March 2020 Market Report

The February 2020, the St Lucie County Single Family Home Market had stronger closed sales activity for March and is our only local sector without a large drop in pending sales. Closed sales were up by 15.1% for the month (in February they were up by 2.5%). New sales under contract (new pending sales) decreased by 1.5% (they were up by 26.4% last month).

Prices were up for the month.  The median sales price was up by 5.5% (was up by 2.6% in January).  The average sales price was up by 2.9% (it was up by 4.4% in February).

The number of available home listings increased by 11 homes to 1,888 homes.  This inventory is 10.3% less than last year.  The current supply of homes is 3.8 months (it was 4.6 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2020 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 March 2020 Market Report

Martin County Single Family Homes March 2020 Market Report

04.27.20 by

Martin County Single Family Homes March 2020 Market Report

The Martin County Single Family Homes Market Report had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 7.8% from last month (were up by 1.2% in January).  While new pending sales decreased by 31.9% as compared to last month when they increased by 6.4%.

Prices were mostly lower for March.  The median sales price was unchanged from last year (it was up by 13.8% in February) while the average sales price decreased by 7.8% (it was down by 37.1% last month).

The inventory of available single-family homes increased from last month by 46 homes to 969 homes for March. This is 15.6% less inventory than last January.  The current supply of homes is 4.7 months.  For February of last year, it was a 5.7 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

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

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

Recent market reports:

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

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

Martin County Single Family Homes March 2020 Market Report

Florida Single Family Homes March 2020 Market Report

04.23.20 by

Florida Single Family Homes March 2020 Market Report

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

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

The inventory of available homes for sale decreased by 14.0% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (March 2019 had a 4.2 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes March 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes March 2020 Market Report

The Estuary April 2020 Market Report

04.11.20 by

The Estuary April 2020 Market Report

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

Homes

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

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

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

Condos

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

There are no condos currently under contract.

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

Click here to view past Estuary market reports.

About the Estuary:

The Estuary of Stuart FL

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.
The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

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

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

The Estuary Homes and Condos in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

Recent market reports:

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

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

The Estuary April 2020 Market Report

Martins Crossing Market Report March 2020

03.28.20 by

Martins Crossing Market Report March 2020

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

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

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

Click here to view previous Martins Crossing market reports.

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart FL

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

Martins Crossing in Stuart FL

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

Martins Crossing in Stuart FL

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

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Market Report March 2020

St Lucie County Single Family Homes February 2020 Market Report

03.27.20 by

St Lucie County Single Family Homes February 2020 Market Report

The February 2020, the St Lucie County Single Family Home Market showed continued strong sales activity for February. Closed sales were up by 2.5% for the month (in January they were up by 22.2%). New sales under contract (new pending sales) increased by 26.4% (they were up by 23.7% last month).

Prices were also up for the month.  The median sales price was up by 2.6% (was up by 4.2% in January).  The average sales price was up by 4.4% (it was up by 4.8% in January).

The number of available home listings decreased by 52 homes to 1,877 homes.  This inventory is 13.5% less than last year.  The current supply of homes is 3.8 months (it was 4.8 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2020 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 February 2020 Market Report

The Meadows Palm City March 2020 Market Report

03.27.20 by

The Meadows Palm City March 2020 Market Report

There are currently 10 homes for sale in the Meadows in Palm City FL.  List prices range from $259,900 up to $399,850.  This is an average list price of $318,565 which equals $186.17 per sq. ft. of living area.

There are currently 7 homes under contract in the Meadows.  These homes were listed from $181,500 up to $384,900.  This is an average list price of $294,886 which is $169.42 per sq. ft. of living area.  These homes averaged 38 days on the market before going under contract.

In the past 12 months, there have been 57 sales in the Meadows.  Sales prices ranged from a low of $150,000 up to $437,500.  This is an average sales price of $256,010 or $157.89 per sq. ft. of living area.  These homes went under contract in an average of 45 days and sold for an average of 96% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

 

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.

Entrance to the Meadows

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.

 

Meadows History:

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 a 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 March 2020 Market Report

Martin County Single Family Homes February 2020 Market Report

03.25.20 by

Martin County Single Family Homes February 2020 Market Report

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

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

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

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

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

Recent market reports:

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

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

Martin County Single Family Homes February 2020 Market Report

Florida Single Family Homes February 2020 Market Report

03.23.20 by

Florida Single Family Homes February 2020 Market Report

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

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

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

Previous Florida real estate market report posts.

Florida Single Family Homes February 2020 Market Report
Download the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes February 2020 Market Report

Emerald Lakes Stuart FL March 2020 Market Report

03.19.20 by

Emerald Lakes Stuart FL March 2020 Market Report

For March 2019 there are 9 homes and townhomes for sale in Emerald Lakes in Stuart FL.  Listing prices range from $165,000 up to $289,900.  This is an average list price of $198,967 which equates to $147.28 per sq. ft. of living area.

There are 6 homes currently under contract. List prices ranged from $149,900 up to $287,000. This is an average list price of $212,133 which is $145.59 per sq. ft. of living area. These homes and townhomes averaged 25 days on the market before going under contract.

In the past 12 months, there have been 28 sales in Emerald Lakes.  Sales prices ranged from $159,900 up to $289,900.  This works out to an average sales price of $195,338 or $139.88 per sq. ft. of living space.  These sales averaged 98% of list price and were on the market for an average of 28 days before going under contract.

Click here to view previous Emerald Lakes market reports.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart FL

The community of Emerald Lakes lies n the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas.  The townhomes and villas are governed by two separate homeowners association yet share many of the same amenities.

Emerald Lakes Town Homes and Villas in Stuart FL

Spread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two clubhouses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreens, Banks, Gold’s Gym, etc.

Emerald Lakes Town Homes and Villas in Stuart FL

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas and beaches and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north.  A perfect location!

Emerald Lakes Town Homes and Villas in Stuart FL

Residents of Emerald lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Currently Available Homes and Town Homes in Emerald Lakes

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.

Emerald Lakes Stuart FL March 2020 Market Report

St Lucie County Single Family Homes January 2020 Market Report

03.09.20 by

St Lucie County Single Family Homes January 2020 Market Report

The January 2020, the St Lucie County Single Family Home Market showed strong sales activity for the start of 2020. Closed sales were up by 22.2% for the month (in December they were up by 35.5%). New sales under contract (new pending sales) increased by 23.7% (they were up by 15.6% last month).

Prices were also up for the month.  The median sales price was up by 4.2% (was up by 6.5% in December).  The average sales price was up by 4.8% (it was up by 5.8% in December).

The number of available home listings increased by 168 homes to 1,929 homes.  This inventory is 11.3% less than last year.  The current supply of homes is 3.9 months (it was 4.8 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2020 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent market reports:

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

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

St Lucie County Single Family Homes January 2020 Market Report

Martin County Single Family Homes January 2020 Market Report

03.04.20 by

Martin County Single Family Homes January 2020 Market Report

The Martin County Single Family Homes Market Report had a another strong month of sales activity when compared to last year.  Closed sales were up by 25.2% from last month (were up by 18.3% in December).  While new pending sales increased by 23.4% as compared to December 2019 when they increased by 7.0%.

Prices were mixed for January.  The median sales price was up by 12.9% from last year (it was down by 4.3% in December) while the average sales price decreased by 24.2% (it was down by 0.8% last month).

The inventory of available single-family homes increased from last month by 24 homes to 926 units for December. This is 18.1% less inventory than last December.  The current supply of homes is 4.6 months.  For January of last year, it was a 5.7 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

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

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

Recent market reports:

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

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

Martin County Single Family Homes January 2020 Market Report

Florida Single Family Homes January 2020 Market Report

03.02.20 by

Florida Single Family Homes January 2020 Market Report

The Florida Single Family Home sales had a strong start to 2020.  Closed sales were up by 17.9% (were up by 23.8% in December). New sales under contract (new pending sales) were up by 12.4% (were up by 11.9% in December).

Prices were also up for January.  The median sales price rose by 5.9% (it was up by 6.0% in December). The average sales price was up by 6.3% (it was up by 6.9% last month).

The inventory of available homes for sale decreased by 16.4% from last year.  This represents a 3.4 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January 2019 had a 4.3 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Currently, Florida has a shortage of inventory of homes for sale. Affordable homes are the most scarce in the state at this time and builders are not in a position to alleviate this shortage. At least, any time soon.

Florida Single Family Homes January 2020 Market Report
Click on this image to view or download the full report

Recent market reports:

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

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

Florida Single Family Homes January 2020 Market Report

Heritage Ridge Market Report for February 2020

02.27.20 by

Heritage Ridge Market Report for February 2020

As of February 2020, there are 22 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $100,000 up to $299,900.  This is an average list price of $183,600 which equals $135.89 per sq. ft. of living area.

There are 6 homes under contract.  These were listed with prices from $125,000 up to $165,000.  This works out to an average list price of $150,800 or $125.75 per sq. ft. of living area.  These properties averaged 34 days on the market before going under contract.

In the past 12 months, there have been 60 sales in Heritage Ridge.  Sales prices ranged from $62,000 up to $370,000.  This equals an average sales price of $170,378 which works out to $120.21 per sq. ft. of living area.  These homes were on the market for an average of 51 days before going under contract and sold for an average of 95% of list price.

About Heritage Ridge in Hobe Sound:

Heritage Ridge

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

Heritage Ridge

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.

Heritage Ridge in Hobe Sound

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

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.

Heritage Ridge Market Report for February 2020

Martin County Single Family Homes 2019 4th Quarter Report

02.25.20 by

Martin County Single Family Homes 2019 4th Quarter Report

Click the image below to view the full details of the Martin County single-family homes market report data as reported by Martin County Realtors.

Martin County Single Family Homes 2019 4th Quarter Report

The Martin County single-family home market continues to show improved sales volume when compared to the 4th quarter of 2018, last year.   Prices were also higher than this period last year with some very impressive gains.

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

Recent market reports:

Martin County Single Family Homes 2019 4th Quarter Report