Search Results for: florida single family market report

Pipers Landing Real Estate Market Report February 2023

02.12.23 by

Pipers Landing Real Estate Market Report February 2023

There are 7 active listings for sale in Pipers Landing in Palm City FL in February 2023.  The list prices range from $345,000 up to $2,375,000. This is an average list price of $1,378,141 which equals $395.03 per sq. ft. of living area.

As of this time, there are 2 Pipers Landing homes under contract in this golf and boating community. The list prices were $610,000 and $899,900. This is an average list price of $754,950 or $251.44 per sq. ft. of living area. These homes were on the market for an average of 28 days before going under contract.

In the past 12 months, 13 Pipers Landing homes and condos have sold.  The sales prices ranged from a low of $135,000 up to $1,700,000.  This works out to an average sales price of $554,107 which is $187.82 per sq. ft. of living area.  These homes averaged 47 days on the market before going under contract. And, they sold for an average of 94% of the list price. These sales include 3 condos and 10 detached single-family homes.

Click here to view the previous Pipers Landing market report!

About Pipers Landing in Palm City FL:

Pipers Landing in Palm City FL
Image courtesy of Google Earth

Pipers Landing homes and condos for sale:

A true world-class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.

Pipers Landing in Palm City FL
Google Earth image

This is an equity golf course community (membership is mandatory).  Championship Joe Lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

Recently sold in Pipers Landing:

Search for Pipers Landing Homes and Condos in Palm City Florida

Pipers Landing Home Search

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.

Pipers Landing Real Estate Market Report February 2023

Heritage Ridge Real Estate Market Report February 2023

02.06.23 by

Heritage Ridge Real Estate Market Report February 2023

As of February 2023, there are 16 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $169,900 up to $720,000.  This is an average list price of $295,137 which equals $217.83 per sq. ft. of living area.

There are 6 Heritage Ridge homes currently under contract.  These homes were on the market with list prices from $219,900 up to $695,000.  This works out to an average list price of $342,400 or $224.93 per sq. ft. of living area.  These properties averaged 64 days on the market before going under contract.

In the past 12 months, there have been 55 sales in Heritage Ridge.  Sales prices ranged from $157,000 up to $795,000.  This equals an average sales price of $298,899 which works out to $212.91 per sq. ft. of living area.  These homes were on the market for an average of 21 days before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Heritage Ridge market report!

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound Florida
Google Earth image

Heritage Ridge homes for sale:

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 in Hobe Sound Florida
Google Earth image

The various areas of Heritage Ridge are all controlled by their individual homeowners’ associations and many also pay a fee to the master Heritage Ridge Association.  This wonderful community is located in northern Hobe Sound with quick access to either the beach at Jupiter Island (in Hobe Sound) or to the downtown area of Stuart as well as the amenities in both the Martin County and Jupiter areas of the Treasure Coast.

Recent Heritage Ridge sales:

Some of the sections of Heritage Ridge include Amherst, Brandywine, Bunker Hill, Cambridge, Franklin Wood, Georgetown, Jamestown, Jefferson Corners, Tory Pines, Williamsburg, and Yorktown.

Heritage Ridge in Hobe Sound

HOA fees vary widely in Heritage Ridge depending on the type of home and subdivision within this community.  The HOA fees run from $78.00 a month in the mobile home and single family home sections up to $350.00 a month for the condo areas and in between for some of the other communities.

Heritage Ridge in Hobe Sound

Click here to search for available homes in Heritage Ridge

Click here to search for available condos in Heritage Ridge

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

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

Heritage Ridge Real Estate Market Report February 2023

St Lucie County Single Family Homes December 2022 Market Report

02.05.23 by

St Lucie County Single Family Homes December 2022 Market Report

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

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

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes December 2022 Market Report

Cabana Point Real Estate Market Report February 2023

02.04.23 by

Here is the February 2023 real estate market report for the Cabana Point community in Stuart FL.

There is one home for sale in the Cabana Point community of Stuart Florida. The list price is $469,900 which is $537.64 per sq. ft. of living area.

There are no Cabana Point homes currently under contract.

In the past 12 months, there have been no Cabana Point sales.

Click here to view the previous Cabana Point market report!

About Cabana Point in Stuart Florida:

A Stuart FL waterfront community.

Cabana Point in Stuart Florida
Google Earth image

Cabana Point homes for sale:

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

Cabana Point in Stuart Florida
Google Earth image

Recently sold homes in Cabana Point:

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

Cabana Point in Stuart Florida
Google Earth image

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

Cabana Point in Stuart FL

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

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

Cabana Point Real Estate Market Report February 2023

Martin County Single Family Homes December 2022 Market Report

02.03.23 by

Martin County Single Family Homes December 2022 Market Report

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

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

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

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

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

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

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

Martin County Single Family Homes December 2022 Market Report

St. Lucie County Single Family Homes 2022 4th Quarter Report

01.30.23 by

St. Lucie County Single Family Homes 2022 4th Quarter Report

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

St. Lucie County Single Family Homes 2022 4th Quarter Report

For the 4th quarter of 2022, the St Lucie County single-family home real estate market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2022 4th Quarter Report

Martin County Single Family Homes 2022 4th Quarter Report

01.28.23 by

Martin County Single Family Homes 2022 4th Quarter Report

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

Martin County Single Family Homes 2022 4th Quarter Report

The Martin County single-family home market continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2022 4th Quarter Report

Florida Single Family Homes 2022 4th Quarter Report

01.26.23 by

Florida Single Family Homes 2022 4th Quarter Report

Click the image below to view the full details of the 2022 4th quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2022 4th Quarter Report

For the 4th quarter of 2022, Florida single-family homes continued the trend of reduced sales volume. Prices, unfortunately still rose, but at a reduced rate from previous reports. Inventory is increasing drifting us closer to a balanced market, though we are not quite there yet (still a seller’s market). Interest rates rose this past quarter but now seem to be flattening out which should be good for the future. If we can get prices under control, 2023 may end up being a decent market.

Click here to view/download the full report

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

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2022 4th Quarter Report

St Lucie County Single Family Home Sales 2022 Yearly Review

01.24.23 by

St Lucie County Single Family Home Sales 2022 Yearly Review

The St Lucie County Single Family Home Sales for 2022 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 10.0% (were up by 14.6% in 2021) and new sales under contract (new pending sales) decreased by 18.0% (were up by 8.9% in 2021).

St Lucie County Single Family Home Sales 2022 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2022 by 23.6% and 20.5% respectively.   These numbers were 23.0% and 26.3% respectively in 2021.

The inventory of available homes for sale increased by 170.7% from 2021 (When there was a 32.9% decrease).  While the monthly supply of homes increased to 3.1 months from 1.0 months in 2021.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2022 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

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

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

St Lucie County Single Family Home Sales 2022 Yearly Review

Martin County Single Family Home Sales 2022 Yearly Review

01.22.23 by

Martin County Single Family Home Sales 2022 Yearly Review

The Martin County Single Family Home Sales for 2022 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 30.1% (were up by 5.4% in 2021) and new sales under contract (new pending sales) decreased by 30.3% (was down by 1.9% in 2021).

Martin County Single Family Home Sales 2022 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2021 to 2022) by 17.8% and 7.2% respectively.  This rate while positive is not as high as last year which was 19.9% and 35.9% respectively in 2021.

The inventory of available homes for sale rose by 185.1% from 2021.  While the monthly supply of homes increased to 3.1 months. Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor the buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2022 Yearly Review

Click here to view previous Martin County yearly reviews!

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

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

Martin County Single Family Home Sales 2022 Yearly Review

Summerfield Real Estate Market Report January 2023

01.22.23 by

Summerfield Real Estate Market Report January 2023

As of January 2023, there are 4 homes on the market in the Summerfield community in Martin County Florida. The list prices ranged from $559,900 up to $759,000. This is an average list price of $677,225 or $324.93 per square foot of living area.

There is 1 home under contract at this time. The list price was $889,500 which is $336.17 per square foot of living area. This home was on the market for 29 days prior to going under contract.

In the past 12 months, 32 Summerfield homes have sold. Sales prices ranged from $345,000 up to $765,000. This works out to an average sales price of $519,560 which equals $261.46 per square foot of living area. These homes averaged 14 days on the market before going under contract. Sales prices averaged 100% of the list price.

Click here to view the previous Summerfield market report

About Summerfield the Home of the Champions Golf Club:

Summerfield in Stuart Florida
Google Earth image

Summerfield homes for sale:

Summerfield is located on over 275 acres. It is the host of a little over 500 single-family homes adjoining the Champions Golf Course. Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995.  It is also the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty. This Tom Fazio-designed course is open to the public with very reasonable membership fees. Please visit the Champions Course website for more information at http://www.thechampionsgolfclub.com/

Summerfield in Stuart Florida
Google Earth image

The residential section is known as Summerfield  It is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Recent sales in Summerfield:

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities.  It also has a fitness center and a professional 6 court Tennis club. All of these amenities are available at a very reasonable HOA fee of $130.00 a month, along with the convenience of an on-site manager to handle any issues that may arise.

Summerfield in Stuart Florida
Google Earth image

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, and medical facilities with downtown Stuart only minutes away and only 30 minutes to the Palm Beaches. Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

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.

Summerfield Real Estate Market Report January 2023

The Florida Club Real Estate Market Report January 2023

01.21.23 by

The Florida Club Real Estate Market Report January 2023

As of January 2023, there are 9 Florida Club homes for sale in Stuart FL. The list prices range from $429,900 up to $859,990. This is an average list price of $587,077 or $302.11 per sq. ft. of living area.

There are no Florida Club homes under contract and awaiting closing at this time.

In the past 12 months, 37 Florida Club homes have sold. Sales prices ranged from $390,000 up to $860,000. This is an average sales price of $531,855 which equals $288.89 per square foot of living area. These homes were on the market for an average of 21 days before going under contract. And, sold for an average of 100% of the list price.

Click here to view the previous Florida Club market report!

About the Florida Club:

The Florida Club in Stuart Florida
Google Earth image

Florida Club homes for sale:

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes. 113 homes in the estate’s section of the Florida Club featuring larger lots and spacious estate-sized homes. Many with both lake or golf course views and a few with both. The remaining Florida Club homes feature either single-family or attached one-story villas, many also with golf course and/or lake views. Residents of the Florida Club can enjoy daily golf or if they wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership. Additionally, for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

The Florida Club in Stuart Florida
Google Earth image

Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

Recent Florida Club sales:

The Martin County location ensures low property taxes and an A-rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

The Florida Club in Stuart Florida
Google Earth image

The monthly homeowners association fees are $230.00 to $260.00 depending on the section the home is located in. There is also a one-time capital contribution of $600.00 charged for all home buyers. For more information about golf at the Florida Club January 2020 Market Report please visit their website: Florida Club Web Site.

The Florida Club in Stuart

Search links:

Search for all Florida Club Homes for Sale in Stuart Florida

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 Florida Club Real Estate Market Report January 2023

Florida Single Family Home Sales 2022 Yearly Review

01.20.23 by

Florida Single Family Home Sales 2022 Yearly Review

The Florida Single Family Home Sales for 2022 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 18.0% (up by 12.9% in 2021) and new sales under contract (new pending sales) decreased by 21.1% (up by 5.7% in 2021).

Florida Single Family Home Sales 2022 Yearly Review
Click here for the full report

Both median and average sales prices were up (2021 to 2022) by 15.7% and 11.3% respectively.   These numbers were 20.0% and 25.8% respectively for 2021.

The inventory of available homes for sale increased by 116.8% from 2021.  While the month’s supply of homes increased to 2.7 months.  Indicating that Florida single-family home market is still in a seller’s market.

Click here to view or download the full report:
2022 Florida Single Family Home Sales Review

View previous Florida Single Family Home Yearly Reviews

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

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

Florida Single Family Home Sales 2022 Yearly Review

Murano Palm City Market Report January 2023

01.08.23 by

Murano Palm City Market Report January 2023

Palm City Florida Real Estate

There is 1 home available for purchase in the Murano community in Palm City FL. The list price is $555,400 or $242.64 per sq. ft. of living area.

There are 2 Murano homes under contract at this time. The list prices were $529,900 and $549,000. This equals an average list price of $539,450 which is $230.95 per sq. ft. of living area. These homes were on the market for an average of 128 days before going under contract.

In the past 12 months, 4 Murano homes have sold. The sales prices ranged from $479,900 up to $699,900.  This works out to an average sales price of $594,675 which equals $261.62 per sq. ft. of living area.  These homes were on the market for an average of 13 days before going under contract.  And, they sold for an average of 97% of the list price.

Click here to view the previous Murano market report!

About the Murano Community in Palm City FL:

Murano in Palm City Florida
Google Earth image

Murano homes for sale:

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

Murano Homes in Palm City Florida
Google Earth image

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

Recent sales in Murano:

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

Murano Homes in Palm City Florida
Google Earth image

Click here to view the current Murano 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.

Murano Homes January 2023 Housing Market Report

St Lucie County Single Family Homes November 2022 Market Report

12.27.22 by

St Lucie County Single Family Homes November 2022 Market Report

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

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

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes November 2022 Market Report

Sunset Trace Real Estate Market Report December 2022

12.27.22 by

Sunset Trace Real Estate Market Report December 2022

As of December 2022, there are 5 Sunset Trace homes for sale in Palm City FL.  The list prices range from $249,000 up to $384,900. This equals an average list price of $330,680 which is $254.06 per sq. ft. of living area.

There are 6 Sunset Trace homes currently under contract.  The list prices ranged from $250,000 up to $375,000.  This works out to an average list price of $294,667 which equals $222.30 per sq. ft. of living area.  These homes were on the market for an average of 23 days prior to going under contract.

In the past 12 months, 55 Sunset Trace homes have sold.  Sales prices ranged from a low of $201,000 up to $355,000.  This equals an average sales price of $280,258 or $213.28 per sq. ft. of living area.  These homes sold for an average of 99% of the list price. And, they were on the market for an average of 17 days before going under contract.

Click here to view the previous Sunset Trace market report!

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 at Martin Downs in Palm City Florida
Google Earth image

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 at Martin Downs in Palm City Florida
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 Real Estate Market Report December 2022

Martin County Single Family Homes November 2022 Market Report

12.23.22 by

Martin County Single Family Homes November 2022 Market Report

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

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

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

Martin County Single Family Homes November 2022 Market Report
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Click here to view the previous Martin County single-family homes market reports

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

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

Martin County Single Family Homes November 2022 Market Report

East Lake Village Real Estate Market Report December 2022

12.10.22 by

East Lake Village Real Estate Market Report December 2022

For December 2022, there are 10 active listings in East Lake Village.  List prices range from $267,000 up to $374,995. This is an average list price of $313,588 or $208.19 per sq. ft. of living area.

There are 3 East Lake Village homes under contract.  List prices ranged from $289,900 up to $373,120.  This works out to an average list price of $339,690 which equals $211.14 per sq. ft. of living area.  These homes averaged 26 days on the market before going under contract.

In the past 12 months, 65 East Lake Village homes have sold.  Sales prices ranged from $226,900 up to $400,000. This works out to an average sales price of $293,184 which is $189.92 per sq. ft. of living area.  These homes sold for an average of 100% of the list price. And, they went under contract in an average of 22 days after going on the market.

Click here to view the previous East Lake Village market report!

About East Lake Village in Port St. Lucie:

East Lake Village in Port Saint Lucie Florida
Google Earth image

East Lake Village homes for sale:

Located East of US-1 and just to the North of Port St. Lucie Blvd., East Lake Village is a newer community of townhomes and single-family homes of many different sizes and floor plans.  All of the homes are 2 stories with the townhomes attached on at least one side to their neighbor.

East Lake Village in Port Saint Lucie Florida
Google Earth image

Sizes of these homes range from 4 bedroom, 3 and ½ bathroom homes with 2 car garages of over 2,300 sq. ft. of living area down to 2 bedroom, 2 and ½ bathroom townhomes with 1 car garage and 1,350 sq. ft. of living area.

Recently sold in East Lake Village:

All ages are welcome in East Lake Village.  Pets are permitted with some restrictions depending on the section of interest.  For single-family homes, 2 large pets are permitted.  HOA fees range from $165 a month up to $195 per month, once again depending on the section where the home is located.

East Lake Village in Port Saint Lucie Florida
Google Earth image

Great location close to medical facilities, restaurants, and shopping and only about 15 to 20 minutes to the crystal clear waters of the Atlantic Ocean in Jensen Beach FL.

East Lake Village 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.

East Lake Village Real Estate Market Report December 2022

St. Lucie County Single Family Homes 2022 3rd Quarter Report

12.02.22 by

St. Lucie County Single Family Homes 2022 3rd Quarter Report

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

St. Lucie County Single Family Homes 2022 3rd Quarter Report

Sales volume declined and prices increased in the 3rd quarter of 2022 when compared to the same period last year.  The good news is that inventory is beginning to increase. The bad news is that it’s not enough yet and there are also higher prices and interest rates. This is causing a market that is in transition, though I think it will take some time and may be painful for both buyers and sellers of residential real estate before we see significant improvement.

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View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

Martin County Single Family Homes 2022 3rd Quarter Report

11.30.22 by

Martin County Single Family Homes 2022 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 2022 3rd Quarter Report

The Martin County single-family home market had weaker sales volume and higher prices when compared to the 3rd quarter of 2021. The good news is that inventory is beginning to increase. The bad news is that it’s not enough yet and there are also higher prices and interest rates. This is causing a market that is in transition, though I think it will take some time and may be painful for both buyers and sellers of residential real estate before we see significant improvement.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2022 3rd Quarter Report