Search Results for: Sea Winds market report

Admiral Real Estate Market Report April 2024

04.16.24 by

Admiral Real Estate Market Report April 2024

For April 2024, there are 2 condos available for sale in the Admiral on Hutchinson Island in Jensen Beach FL. The list prices are $775,000 and $785,000. This is an average list price of $780,000 which works out to $567.68 per sq. ft. of living area.

There are 2 Admiral condos currently under contract. The list prices were $749,900 and $795,000. This is an average list price of $772,450 or $526.43 per sq. ft. of living space.

In the past 12 months, 8 Admiral condos have sold.  Sales prices ranged from $635,000 up to $1,350,000.  This is an average sales price of $837,500 which equals $549.91 per sq. ft. of living area.  These condos went under contract in an average of 84 days after being listed.  They sold for an average of 96% of the list price.

Click here to view the previous Admiral market report!

About the Admiral Condominium on Hutchinson Island at Island Dunes:

The Admiral on Hutchinson Island in Jensen Beach Florida
Google Earth image

The Admiral Condominiums at Island Dunes in Jensen Beach FL is a high-rise building with 104 condos built in 1983.  Residents of the Admiral belong to the Island Dunes Country Club.  This offers Amenities that include a challenging nine-hole golf course on the banks of the Indian River; a championship tennis club; a pro shop; a deep-water marina; and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.

Admiral Real Estate Market Report April 2023
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Condos in the Admiral range from 3-bedroom, 3-bathroom units with a spacious 1,922 sq. ft. of living area (under air) down to 2-bedroom, 2-bathroom condos with 1,377 sq. ft.  The condo association fees include the many amenities for this building and the Island Dunes Country Club. This gives owners and their guests access to both Golf and Tennis memberships as well as potential access to deep-water ocean access docks. Making for a true resort lifestyle.

All of the Admiral condos have lovely ocean views while many also have sweeping views of the Intracoastal (Indian River) and the Island Dunes golf course.  And, there’s also private beach access as well as barbecue facilities.

The Admiral on Hutchinson Island in Jensen Beach Florida
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There are wonderful amenities included such as a full first-floor common area with a kitchen and space for parties, a game room, a fitness center, and a sauna.  The Admiral is a pet-free building. Rentals are allowed with restrictions.

Island Dunes

For those wishing to experience truly resort-style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.

Search Links:

Click on this link for the currently available Admiral Condos for Sale

Search for Admiral condo real estate on Hutchinson Island

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – 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.

Admiral Real Estate Market Report April 2024

Fairwinds Cove Real Estate Market Report April 2024

04.13.24 by

Fairwinds Cove Real Estate Market Report April 2024

There are 7 condos currently available for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. The list prices range from $365,000 up to $469,999. This is an average list price of $410,271 which works out to $367.82 per square foot of living area.

There is 1 Fairwinds Cove condo currently under contract. The list price was $365,000 or $331.22 per square foot of living space. This condo was on the market for 19 days before going under contract.

In the past 12 months, 8 Fairwinds Cove condos have sold.  Sales prices ranged from $309,000 up to $405,000.  This works out to an average sales price of $349,250 which equals $302.17 per square foot of living area.  These condos sold for an average of 93% of the list price. And, they were on the market for an average of 78 days before going under contract.

Click here for the previous Fairwinds Cove market report!

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four-story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
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This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with a full kitchen, meeting room, fitness room, billiards, and more.

Fairwinds Cove is a non-age-restricted community that allows one small pet.  There is a strong sense of community with many long-time seasonal and full-time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida

Search for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach FL

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

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

Fairwinds Cove Real Estate Market Report April 2024

Suntide Condos Real Estate Market Report April 2024

04.09.24 by

Suntide Condos Real Estate Market Report April 2024

For April 2024, there are 3 condos for sale in Suntide on Hutchinson Island in Stuart FL. These condos are listed with prices that range from $589,000 up to $635,000. This is an average list price of $607,467 which is $383.12 per sq. ft. of living space.

There are no Suntide condos currently under contract.

There have been 2 Suntide condos sold in the past 12 months.  The sales prices were $346,500 and $350,000 for an average sales price of $348,250 which equals $256.57 per sq. ft. of living area.  These sales averaged 92% of the list price. And, they were on the market for an average of 244 days before going under contract.

Click here to see the previous Suntide market report!

About the Suntide Condominiums of Hutchinson Island in Stuart Florida:

Suntide condo real estate on Hutchinson Island in Stuart Florida
Google Earth image

The Suntide Condominium is located on Hutchinson Island in uncrowded and unspoiled Martin County. It is one of the premier oceanfront condos in Stuart, Florida.  It boasts truly fine amenities with a protected pool, private beach access, and hard-to-find under-building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen, and reading room.

Suntide condo real estate on Hutchinson Island in Stuart Florida
Google Earth image

Suntide has all two-bedroom, two-bath condos that come in four different configurations and sizes.  The largest of these features an office and a sitting room that can double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best-run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation getaway.

Pool of Suntide Condo on Hutchinson Island
Tennis Courts of Suntide Condo on Hutchinson Island

Search for Suntide Condos on Hutchinson Island

Suntide condo real estate search on Hutchinson Island
Ocean Access from the Suntide Condo on Hutchinson Island
Fitness Room in the Suntide Condo on Hutchinson Island
Game room in the Suntide Condo on Hutchinson Island

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – 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.

Suntide Condos Real Estate Market Report April 2024

Jensen Beach Club Real Estate Market Report March 2024

03.30.24 by

Jensen Beach Club Real Estate Market Report March 2024

There are 4 condos for sale in the Jensen Beach Club on Hutchinson Island in Jensen Beach FL for March 2024.  The list prices range from $325,000 up to $425,000. This is an average list price of $364,500 which equals $334.41 per sq. ft. of living area.

There is 1 Jensen Beach Club condo currently under contract.  The list price was $415,000 or $380.73 per sq. ft. of living area. These condos were on the market for an average of 5 days before going under contract.

In the past 12 months, 4 Jensen Beach Club condos have sold. Sales prices ranged from $335,000 up to $455,000.  This equals an average sales price of $409,975 which is $370.32 per sq. ft. of living area. These condos were on the market for an average of 45 days before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Jensen Beach Club market report!

About the Jensen Beach Club on Hutchinson Island:

Jensen Beach Club on Hutchinson Island
Google Earth image

The Jensen Beach Club is a complex consisting of 9 buildings surrounding a lake on Hutchinson Island and lying on a pristine 21 acres. Located directly across the street from the Ocean at the Jensen Beach Public Beach. There are 196 condos which are all 1,090 sq. ft. of living area. They are all 2 bedrooms and 2 bathrooms with private balconies or patios. The Jensen Beach Club complex was built between 1986 and 1987 and has a community pool, clubhouse, and tennis courts. These are three-story buildings with the most desirable condos being the end units with lake views.

The Jensen Beach Club will allow up to a 25 lb. or smaller pet and rentals are also allowed with some restrictions. The maintenance fee includes the insurance and maintenance for the building exterior as well as the common areas, pest control, management, and water, and sewer charges.

There are two designated parking spots for each unit and ample guest parking as well. Jensen Beach Club residents enjoy the convenience of having ocean access just across the street. And, also being a short drive or bicycle ride to restaurants, shopping, and the wonderful amenities of Jensen Beach and Martin County FL. All at a very affordable price.

Jensen Beach Club on Hutchinson Island

Search for available Jensen Beach Club Condos here.

Jensen Beach Club condos for sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House –Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View –Sailfish Point – Sandpebble – Seaside – Suntide

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.

Jensen Beach Club Real Estate Market Report March 2024

St Lucie County Townhouses and Condos February 2024 Market Report

03.28.24 by

St Lucie County Townhouses and Condos February 2024 Market Report

The St Lucie County Townhouses and Condos market showed stronger sales activity when compared to last year. Even as we face headwinds with economic uncertainties, at least mortgage rates may have peaked and begun to decrease. Closed sales were up by 35.8% from last year (were down by 7.1% in January). New pending sales were up by 26.6% (they were down by 6.2% last month).

Prices were mixed for February. The median price decreased by 3.4% from last year (was up by 8.0% in January) and the average sales price increased by 20.0% (was up by 21.8% in January).

The available townhouses and condos inventory increased by 8 units from last month to 642 residences. This is a 60.9% greater inventory than we had in February 2023. The current inventory supply is 7.3 months, as compared to 4.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its third month of a balanced market, and now approaching a seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos February 2024 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos February 2024 Market Report

St Lucie County Single Family Homes February 2024 Market Report

03.27.24 by

St Lucie County Single Family Homes February 2024 Market Report

The February 2024 St Lucie County Single Family real estate market showed slightly improved sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were up by 1.4% for the month compared to last year (in January they were down by 20.7%). New sales under contract (new pending sales) decreased by 3.6% (they were down by 14.7% last month).

Prices were higher for February when compared to last year.  The median sales price was up by 5.4% (was up by 5.9% in January).  The average sales price was up by 11.1% (it was up by 9.4% in January).

The number of available homes for sale increased by 56 homes to 1,949 units.  This inventory is 21.9% greater than last year.  The current supply of homes is 4.2 months (it was 3.0 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 months supply of inventory.

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes February 2024 Market Report

Martin County Townhouses and Condos February 2024 Market Report

03.26.24 by

Martin County Townhouses and Condos February 2024 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 2.4%.  They were up by 22.0% in January.  New sales under contract (new pending sales) were unchanged from last year.  They were down by 12.2% in January.

Prices were down for February.  The median sales price decreased by 6.8% (was down by 11.1% last month). And, the average sales price decreased by 0.5% (was down by 11.0% in January).

The available townhouses and condos inventory increased by 40 units to 548 properties.  This is a 77.9% greater supply of inventory than we had in February 2023.  Currently, there’s a 6.3 months supply of inventory (compared to 3.6 months for February 2023).  We’ve re-entered a balanced 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.

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

Martin County Townhouses and Condos February 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos February 2024 Market Report

Florida Townhouses and Condos February 2024 Market Report

03.22.24 by

Florida Townhouses and Condos February 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 2.5% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 4.8% (In January, there was a 8.5% decrease).

Prices were up for February compared to last year. The median sales price was up by 3.2% for February (was also up by 3.2% in January). And the average sales price increased by 3.4% (was up by 3.0% in January).

The inventory of active listings increased by 73.3% from February last year.  This results in a 6.3 months supply of inventory as compared to 3.2 months for February 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a really long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

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

Florida Townhouses and Condos February 2024 Market Report
Florida Townhouses and Condos February 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos February 2024 Market Report

Florida Single Family Homes February 2024 Market Report

03.21.24 by

Florida Single Family Homes February 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 2.2% (were up by 0.6% in January). New sales under contract (new pending sales) were down by 0.3% (were down by 2.9% in January).

Prices increased for February when compared to last year.  The (year-to-year) median sales price was up by 5.1% (it was up by 3.8% in January). And, the average sales price was up by 5.7% (it was up by 9.7% last month).

The inventory of available homes for sale increased by 36.5% from last year.  This represents a 3.9 months supply of inventory (February 2023 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

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

Previous Florida real estate market report posts.

Florida Single Family Homes February 2024 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 February 2024 Market Report

 

St Lucie County Townhouses and Condos January 2024 Market Report

02.29.24 by

St Lucie County Townhouses and Condos January 2024 Market Report

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

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

The available townhouses and condos inventory increased by 78 units from last month to 634 residences. This is a 74.2% greater inventory than we had in January 2023. The current inventory supply is 7.4 months, as compared to 3.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its second month of a balanced market, and now approaching a seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos January 2024 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos January 2024 Market Report

Oceanrise Real Estate Market Report February 2024

02.29.24 by

Oceanrise Real Estate Market Report February 2024

For February 2024, there are 2 condos available for sale in the Oceanrise Condominiums on Hutchinson Island in Jensen Beach FL.  The list prices are $455,000 and $489,000. This is an average list price of $472,000 or $462.29 per sq. ft. of living space.

There are no Oceanrise condos currently under contract (pending sale).

In the past 12 months, 2 Oceanrise condos have sold.  The sales prices were $375,000 and $429,000. This equals an average sales price of $402,000 which works out to $393.74 per sq. ft. of living area.  These condos were on the market for an average of 23 days before going under contract. And, they sold for an average of 95% of the last list price.

Click here to view recent Oceanrise market reports!

About the Oceanrise Condos in Jensen Beach:

Oceanrise Condos in Jensen Beach FL
Google Earth image

The Oceanrise Condos are located just north of Waveland Beach in Jensen Beach on Hutchinson Island. It is a 7-story building that was opened for sale in 1979.  All the residences in Oceanrise have 2 bedrooms and 2 bathrooms. There is one exception for a corner penthouse double unit which has 2,042 sq. ft. of living area.  The other 68 homes have either 1,086 or 1,021 sq. ft. of living area and additional balcony space.

Oceanrise Condos on Hutchinson Island in Jensen Beach FL

Sorry, no pets are allowed in Oceanrise, but rentals are permitted with a 3-month minimum stay restriction.

Oceanrise Condos in Jensen Beach
Oceanrise Condos in Jensen Beach

Residents can enjoy the heated pool and their private access to the beach.  There are also shuffleboard courts as well as a clubhouse and BBQ grill area.

Oceanrise Condos in Jensen Beach

Click here to search for available Oceanrise Condos for Sale

Oceanrise condos for sale on Hutchinson Island in Jensen Beach FL

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

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.

Oceanrise Real Estate Market Report February 2024

St Lucie County Single Family Homes January 2024 Market Report

02.28.24 by

St Lucie County Single Family Homes January 2024 Market Report

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

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

The number of available homes for sale increased by 174 homes to 1,893 units.  This inventory is 10.4% greater than last year.  The current supply of homes is 4.1 months (it was 3.2 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes January 2024 Market Report

Martin County Townhouses and Condos January 2024 Market Report

02.27.24 by

Martin County Townhouses and Condos January 2024 Market Report

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

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

The available townhouses and condos inventory increased by 59 units to 508 properties.  This is a 69.3% greater supply of inventory than we had in January 2023.  Currently, there’s a 5.9 month supply of inventory (compared to 3.4 months for January 2023).  We remain in a seller’s market for townhouses and condos in Martin County, though just about to enter a balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos January 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos January 2024 Market Report

Florida Townhouses and Condos January 2024 Market Report

02.23.24 by

Florida Townhouses and Condos January 2024 Market Report

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

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

The inventory of active listings increased by 62.9% from January last year.  This results in a 5.8 months supply of inventory as compared to 3.1 months for January 2023.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

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

Florida Townhouses and Condos January 2024 Market Report
Florida Townhouses and Condos January 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos January 2024 Market Report

Florida Single Family Homes January 2024 Market Report

02.22.24 by

Florida Single Family Homes January 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 0.6% (were down by 3.8% in December). New sales under contract (new pending sales) were down by 2.9% (were down by 3.3% in December).

Prices increased for January when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was also up by 3.8% in December). And, the average sales price was up by 9.7% (it was up by 7.2% last month).

The inventory of available homes for sale increased by 24.8% from last year.  This represents a 3.8 months supply of inventory (January 2023 had a 2.8 months supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

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

Previous Florida real estate market report posts.

Florida Single Family Homes January 2024 Market Report
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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 2024 Market Report

 

Windstone Real Estate Market Report February 2024

02.19.24 by

Windstone Real Estate Market Report February 2024

As of February 2024, there are 2 homes for sale in the Windstone community of Palm City, FL.  The list prices are $1,498,000 and $1,555,555. This equals an average list price of $1,526,778 or $319.23 per sq. ft. of living area.

There is 1 Windstone home under contract at this time. The list price was $1,800,000 which is $451.35 per sq. ft. of living space This home was on the market for 10 days before going under contract.

In the past 12 months, 5 Windstone homes have sold.  Sales prices ranged from $865,000 up to $1,725,000. This is an average sales price of $1,148,500 which equals $355.56 per sq. ft. of living area.  These homes averaged 36 days on the market before going under contract. And, they sold for an average of 95% 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
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Formerly known as Rivers End and now re-named 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
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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

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Windstone Real Estate Market Report February 2024

Four Winds on the River Real Estate Market Report February 2024

02.07.24 by

Four Winds on the River Real Estate Market Report February 2024

For February 2024, there are 2 condos currently available for sale in Four Winds on the River in Stuart FL. The list prices are $330,000 and $390,000. This is an average list price of $360,000 which is $301.39 per sq. ft. of living area.

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

In the past 12 months, 3 Four Winds on the River condo have sold.  The sales prices ranged from $360,000 up to $430,000. This is an average sales price of $383,333 or $282.77 per sq. ft. of living area.  These sales averaged 92% of the last list price. And, they were on the market for an average of 33 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

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
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There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with a 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.

The location is exceptional as it is only minutes from 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 2024

St Lucie County Townhouses and Condos December 2023 Market Report

02.06.24 by

St Lucie County Townhouses and Condos December 2023 Market Report

The St Lucie County Townhouses and Condos market showed slightly weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked and have begun to decrease. Closed sales were down by 3.1% from last year (were down by 1.4% in November). New pending sales were down by 42.9% (they were up by 68.6% last month).

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

The available townhouses and condos inventory increased by 31 units from last month to 556 residences. This is a 91.1% greater inventory than we had in December 2022. The current inventory supply is 6.4 months, as compared to 3.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues as a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos December 2023 Market Report
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View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos December 2023 Market Report

St Lucie County Single Family Homes December 2023 Market Report

02.05.24 by

St Lucie County Single Family Homes December 2023 Market Report

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

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

The number of available homes for sale increased by 41 homes to 1,719 units.  This inventory is 1.6% greater than last year.  The current supply of homes is 3.6 months (it was 3.1 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes December 2023 Market Report

Martin County Townhouses and Condos December 2023 Market Report

02.04.24 by

Martin County Townhouses and Condos December 2023 Market Report

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

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

The available townhouses and condos inventory increased by 26 units to 449 properties.  This is a 54.3% greater supply of inventory than we had in December 2022.  Currently, there’s a 5.2 month supply of inventory (compared to 3.2 months for December 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos December 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos December 2023 Market Report