Search Results for: florida single family market report

Conquistador Real Estate Market Report November 2022

11.29.22 by

Conquistador Real Estate Market Report November 2022

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

Also, there are no Conquistador homes currently under contract.

6 Conquistador homes have sold in the past 12 months. The sales prices ranged from $320,000 up to $575,000. This works out to an average sales price of $489,167 which is $251.71 per sq. ft. of living area. These homes averaged 17 days on the market before going under contract. And, they sold for an average of 95% of the list price.

Condos: There are currently 4 condos for sale in Conquistador.  The list prices range from $249,500 up to $365,000. This is an average list price of $282,325 or $264.92 per sq. ft. of living area.

There are no Conquistador condos under contract at this time.

In the past 12 months, 19 Conquistador condos have sold.  Sales prices ranged from $140,000 up to $300,000.  The average sales price was $239,526 which equals $223.71 per sq. ft. of living area. These sales averaged 98% of the list price. And, they went under contract in an average of 22 days after being listed.

Click here to view the previous Conquistador market report!

About Conquistador Homes and Condos in Stuart FL:

Conquistador in Stuart Florida

Conquistador homes and condos for sale:

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

Conquistador in Stuart Florida

Recent Conquistador sales:

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

Conquistador Condos and Homes in Stuart FL

Search for available Homes and Condos in Conquistador here

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

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

Conquistador Real Estate Market Report November 2022

Florida Single Family Homes 2022 3rd Quarter Report

11.28.22 by

Florida Single Family Homes 2022 3rd Quarter Report

Click the image below to view the full details of the 2022 3rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2022 3rd Quarter Report

For the 3rd quarter of 2022, Florida single-family homes showed reduced sales activity and higher prices when compared to 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.

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 3rd Quarter Report

St Lucie County Single Family Homes October 2022 Market Report

11.24.22 by

St Lucie County Single Family Homes October 2022 Market Report

The October 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 24.6% for the month compared to last year (in September they were down by 18.7%). New sales under contract (new pending sales) decreased by 35.1% (they were down by 32.3% last month).

Year-to-year prices were also up in October.  The median sales price was up by 13.3% (was up by 19.0% in September).  The average sales price was up by 6.8% (it was up by 16.0% in September).

The number of available home listings increased by 63 homes to 1,744 units.  This inventory is 132.8% greater than last year.  The current supply of homes is 3.0 months (it was 1.3 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 October 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 October 2022 Market Report

Martin County Single Family Homes October 2022 Market Report

11.22.22 by

Martin County Single Family Homes October 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. Closed sales were down by 36.2% from last year (they were down by 15.3% in September). At the same time, new pending sales decreased by 38.1% as compared to last year (decreased by 38.6% last month).

Year-to-year prices were up for the month of October.  The median sales price increased from last year by 14.8% (up by 21.1% in September) while the average sales price increased by 42.1% (up by 18.2% last month).

The inventory of available single-family homes increased by 35 units from last month to 521. This is a 107.6% larger inventory than last October.  The current supply of homes is 2.9 months.  For October 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 October 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 October 2022 Market Report

River Marina Real Estate Market Report November 2022

11.22.22 by

River Marina Real Estate Market Report November 2022

For November 2022, there is 1 home available for sale in River Marina in Stuart FL. The list price is $352,500 or $219.22 per sq. ft. of living area.

There are no River Marina properties currently under contract.

In the past 12 months, 15 River Marina homes have sold.  Sales prices ranged from $300,000 up to $700,000.  The average sales price was $362,993 which works out to $207.28 per sq. ft. of living area.  These homes sold on average for 99% of the list price and were under contract in an average of 17 days on the market.

Click here to view the previous River Marina market report!

About River Marina in Stuart FL:

River Marina in Martin County Florida
Google Earth image

River marina homes and townhomes for sale:

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

River Marina in Martin County Florida
Google Earth image

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

Recent River marina sales:

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

River Marina in Martin County Florida

Search for homes and townhomes for sale in River Marina

River Marina real estate in Stuart 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.

River Marina Real Estate Market Report November 2022

Heronwood Real Estate Market Report November 2022

11.02.22 by

Heronwood Real Estate Market Report November 2022

As of November 2022, there is only 1 home for sale in the Heronwood community in the Martin Downs Country Club in Palm City FL.  This home has a list price of $540,000 which equals $251.05 per sq. ft. of living area.

There are no Heronwood homes currently under contract.

In the past 12 months, 10 Heronwood homes have sold.  Sales prices ranged from $390,000 up to $575,000.  This equals an average sales price of $504,635 which works out to $243.77 per sq. ft. of living area.  These homes sold for an average of 98% of the list price.  And, they were on the market for an average of 36 days before going under contract.

Click here to view the previous Heronwood market report!

About Heronwood in Martin Downs:

Heronwood in the Martin Downs Country Club in Palm City Florida
Google Earth image

Heronwood homes for sale:

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

Heronwood in Martin Downs Palm City FL

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

Recent Heronwood sales:

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

Heronwood in Martin Downs Palm City FL

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

Heronwood in Martin Downs

Here are the currently available Heronwood Homes for Sale

View Martin Downs Country Club Communities:
Clubhouse Court Condos, Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Pheasant Run, Quail Meadow, and Starling Court.

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

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

Heronwood Real Estate Market Report November 2022

St Lucie County Single Family Homes September 2022 Market Report

10.24.22 by

St Lucie County Single Family Homes September 2022 Market Report

The September 2022 St Lucie County Single Family Home market had weaker activity when compared to last year. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 18.7% for the month compared to last year (in August they were up by 22.4%). New sales under contract (new pending sales) decreased by 32.3% (they were down by 21.6% last month).

Prices were also up in September.  The median sales price was up by 19.0% (was up by 22.7% in August).  The average sales price was up by 16.0% (it was up by 27.5% in August).

The number of available home listings increased by 14 homes to 1681.  This inventory is 131.2% greater than last year.  The current supply of homes is 2.8 months (it was 1.2 months last year).  The St Lucie County single-family home market remains an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes September 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 September 2022 Market Report

Martin County Single Family Homes September 2022 Market Report

10.22.22 by

Martin County Single Family Homes September 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last September. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 15.3% from last year (they were down by 17.6% in August).  While new pending sales decreased by 38.6% as compared to last year (decreased by 6.8% last month).

Prices were up for the month of September.  The median sales price increased from last year by 21.1% (up by 33.3% in August) while the average sales price increased by 18.2% (down by 0.5% last month).

The inventory of available single-family homes decreased by 4 from last month to 486. This is a 67.6% larger inventory than last September.  The current supply of homes is 2.7 months.  For September of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes September 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 August 2022 Market Report

The Estuary Real Estate Market Report October 2022

10.04.22 by

The Estuary Real Estate Market Report October 2022

The Estuary of Stuart FL contains both homes and condos.  Here is the October 2022 real estate market report for this gated community:

Homes

There is 1 home currently available for sale in the Estuary. The list price is $599,000 which is $336.71 per sq. ft. of living area.

There is also 1 home currently under contract. The list price was $499,000 or $275.08 per sq. ft. of living area. This home was on the market for 89 days before going under contract.

In the past 12 months, 3 Estuary homes have sold.  Sales prices ranged from $475,000 up to $535,000.  This equals an average sales price of $496,667 which works out to $283.86 per sq. ft. of living area. These homes sold for an average of 97% of the list price. And, went under contract in an average of 39 days.

Condos

There are no condos currently for sale in the Estuary.

There is 1 Estuary condo currently under contract. The list price was $310,000 which is $300.97 per sq. ft. of living area. This condo was on the market for 44 days before going under contract.

In the past 12 months, 6 condos have sold in the Estuary.  Sales prices ranged from $239,900 up to $420,000.  This equals an average sales price of $315,633 which works out to $264.56 per sq. ft. of living area.  These condos averaged 27 days on the market before going under contract. And, sold for an average of 100% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary in Stuart FL

Estuary homes and condos for sale:

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

Recent Estuary sales:


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

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

The Estuary in Stuart FL

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

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

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

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

The Estuary Real Estate Market Report October 2022

St Lucie County Single Family Homes August 2022 Market Report

09.27.22 by

St Lucie County Single Family Homes August 2022 Market Report

The August 2022 St Lucie County Single Family Home market had weaker activity when compared to last year. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 22.4% for the month compared to last year (in July they were up by 18.0%). New sales under contract (new pending sales) decreased by21.6 % (they were down by 8.4% last month).

Prices were also up in August.  The median sales price was up by 22.7% (was up by 26.0% in July).  The average sales price was up by 27.5% (it was up by 23.8% in July).

The number of available home listings increased by 195 homes to 1695.  This inventory is 124.4% greater than last year.  The current supply of homes is 2.7 months (it was 1.2 months last year).  The St Lucie County single-family home market remains an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 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 August 2022 Market Report

Martins Crossing Real Estate Market Report September 2022

09.25.22 by

Martins Crossing Real Estate Market Report September 2022

For September 2022 there are 2 homes available for sale in Martins Crossing in Stuart FL.  The list prices are $339,900 and $449,000. This is an average list price of $394,450 which equals $232.42 per sq. ft. of living area.

There are also 2 Martins Crossing homes currently under contract.  The list prices are $365,000 and $699,900.  This equals an average list price of $532,450 which is $228.81 per sq. ft. of living area.  These homes went under contract in an average of 27 days.

In the past twelve months, 44 Martins Crossing homes have sold.  Sales prices ranged from a low of $235,000 to a high of $600,000.  This equals an average sales price of $381,406 which works out to $199.64 per sq. ft. of living area.  These homes sold at an average of 99% of the list price and went under contract in an average of 17 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
Google Earth image

Martins Crossing homes for sale:

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

Martins Crossing Clubhouse and Pool
Google Earth image

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

Martins Crossing Townhomes
Google Earth image

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

Recently sold Martins Crossings homes:

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Real Estate Market Report September 2022

Martin County Single Family Homes August 2022 Market Report

09.23.22 by

Martin County Single Family Homes August 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 17.6% from last year (were down by 46.9% in July).  While new pending sales decreased by 6.8% as compared to last year (decreased by 25.5% last month).

Prices were mixed for the month of August.  The median sales price increased from last year by 33.3% (it was up by 18.8% in July) while the average sales price decreased by 0.5% (it was up by 19.5% last month).

The inventory of available single-family homes decreased by 3 homes from last month to 490. This is 62.3% larger inventory than last August.  The current supply of homes is 2.6 months.  For August of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 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 August 2022 Market Report

The Meadows Real Estate Market Report September 2022

09.13.22 by

The Meadows Real Estate Market Report September 2022

There are currently 11 homes for sale in the Meadows in Palm City FL.  The list prices range from $314,900 up to $659,000.  This is an average list price of $452,427 which equals $270.34 per sq. ft. of living area.

There are 4 Meadows homes currently under contract.  These homes had list prices ranging from $339,500 up to $568,000.  This is an average list price of $432,225 which is $257.03 per sq. ft. of living area.  These homes averaged only 29 days on the market before going under contract.

In the past 12 months, there have been 54 Meadows home sales.  Sales prices ranged from a low of $215,000 up to $620,000.  This is an average sales price of $407,722 or $250.53 per sq. ft. of living area.  These homes went under contract in an average of 17 days. And, they sold for an average of 100% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

The Meadows in Palm City Florida
Google Earth image

The Meadows homes for sale:

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

The Meadows in Palm City Florida
Google Earth image

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

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

Recent sales in the Meadows:

Meadows History:

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

The Meadows in Palm City Florida
Google Earth image

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.

Entrance to the Meadows

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 Real Estate Market Report September 2022

St Lucie County Single Family Homes July 2022 Market Report

08.25.22 by

St Lucie County Single Family Homes July 2022 Market Report

The July 2022 St Lucie County Single Family Home market had weaker activity when compared to last year. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 18.0% for the month compared to last year (in June they were up by 13.6%). New sales under contract (new pending sales) decreased by 8.4% (they were down by 24.9% last month).

Prices were also up in July.  The median sales price was up by 26.0% (was up by 30.8% in June).  The average sales price was up by 23.8% (it was up by 28.8% in June).

The number of available home listings increased by 202 homes to 1430.  This inventory is 117.0% greater than last year.  The current supply of homes is 2.3 months (it was 1.1 months last year).  The St Lucie County single-family home market remains an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes July 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 July 2022 Market Report

Martin County Single Family Homes July 2022 Market Report

08.23.22 by

Martin County Single Family Homes July 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last July. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 46.9% from last year (were down by 32.7% in June).  While new pending sales decreased by 25.5% as compared to last year (decreased by 30.6% last month).

Prices were up for the month of July.  The median sales price increased from last year by 18.8% (it was up by 20.4% in June) while the average sales price increased by 19.5% (it was up by 2.4% last month).

The inventory of available single-family homes increased by 64 homes from last month to 493. This is 61.6% larger inventory than last July.  The current supply of homes is 2.6 months.  For July of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 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 July 2022 Market Report

Pipers Landing Real Estate Market Report August 2022

08.18.22 by

Pipers Landing Real Estate Market Report August 2022

There are 5 active listings for sale in Pipers Landing in Palm City FL in August 2022.  The list prices range from $625,000 up to $2,180,000. This is an average list price of $1,351,000 which equals $380.33 per sq. ft. of living area.

As of this time, there are no Pipers Landing homes or condos under contract in this golf and boating community.

In the past 12 months, 21 Pipers Landing homes and condos have sold.  The sales prices ranged from a low of $59,000 up to $1,750,000.  This works out to an average sales price of $457,780 which is $140.25 per sq. ft. of living area.  These homes averaged 72 days on the market before going under contract. And, they sold for an average of 93% of the list price. These sales include 5 condos and 16 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 Golf and Yacht Club in Palm City Florida
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

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 August 2022

Mariner Cay Real Estate Market Report August 2022

08.10.22 by

Mariner Cay Real Estate Market Report August 2022

There is 1 home and 1 condo on the market in Mariner Cay in Stuart FL for August 2022.

The condo has a list price of $365,000 which is $240.92 per sq. ft. of living area. While the home is listed for $1,799,000 or $454.29 per sq. ft. of living area.

There are no condos and only 1 home under contract at this time. The home had a list price of $3,800,000 which equals $976.86 per sq. ft. of living area.  This home was on the market for 15 days before going under contract

In the past 12 months, 5 condos have sold in Mariner Cay and there were also 5 detached home sales. The condo sales prices ranged from $380,500 up to $506,000.  This equals an average sales price of $438,700 which works out to $318.59 per sq. ft. of living area.  These condos averaged 11 days on the market before going under contract. And, sold for an average of 104% of the list price.

The single-family homes had sales prices ranging from $965,000 up to $2,300,000. This is an average sales price of $1,603,000 which is $605.82 per sq. ft. of living area.  These homes were on the market for an average of 24 days before going under contract. And, they sold for an average of 93% of the list price.

Click here to view the previous Mariner Cay market report!

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida
Google Earth image

Mariner cay homes and condos for sale:

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Recent Mariner Cay sales:

Florida’s subtropical and tropical climate makes many seasonal activities year-round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment, and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing.

Mariner Cay real estate Stuart FL

Martin County is home to a long list of fishing tournaments, boating activities, and other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance from St. Lucie Inlet and the crossroads of the Southeast Florida waterways. The marina allows you to take advantage of the 60-mile span between its location and Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to detail seen throughout the Mariner Cay real estate properties.

Mariner Cay in Stuart Florida
Google Earth image
The Mariner Cay Marina offers the following benefits:
  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to the marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.

With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the property’s benefits. Mariner Cay real estate offers amenities like:  

  • a community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Search Mariner Cay Real Estate

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.

Mariner Cay Real Estate Market Report August 2022

Duckwood Real Estate Market Report August 2022

08.06.22 by

Duckwood Real Estate Market Report August 2022

For August 2022, there is 1 home for sale in the Duckwood community in Stuart FL.  The list price is $575,000 or $320.33 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 15 Duckwood homes have sold.  Sales prices ranged from a low of $255,000 up to a high of $429,000.  This is an average sales price of $356,667 which works out to $235.13 per sq. ft. of living area.  These homes were on the market for an average of 11 days before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Duckwood market report!

 About Duckwood in Stuart FL:

Duckwood real estate in Stuart FL

Duckwood homes for sale:

The Duckwood community of Stuart FL is an active senior community in the southern part of unincorporated Stuart, just south of Cove Rd and west of US-1 (Federal Highway) adjacent to the Summerfield community and the Champions Golf Club.

Duckwood has 140 single family homes of various sizes and shapes ranging from just over 2,000 sq. ft. with 3 bedrooms and 2 bathrooms down to under 1,000 sq. ft. of living area with 2 bedrooms and 2 bathrooms.  Homes in Duckwood were built between 1986 and 1990.

Recently sold in Duckwood:

Duckwood is one of Stuart’s most sought-after 55+ communities! This community features a wonderful clubhouse on the lake with a community pool, billiard room, hobby shop, bocce ball & shuffleboard! Set among the tall pines, Duckwood offers the privacy & feel of country living, all within minutes of shopping, I-95 & the beaches! You will feel like you have stepped back in time with Duckwood’s neighborhood feel! This comes with a low HOA fee of $103 a month (as of July 2016).  Pets and rentals are permitted with some restrictions.

Duckwood real estate in Stuart FL

Click here to see if any Duckwood homes are available to purchase

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.

Duckwood Real Estate Market Report August 2022

St. Lucie County Single Family Homes 2022 2nd Quarter Report

08.03.22 by

St. Lucie County Single Family Homes 2022 2nd 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 2nd Quarter Report

Sales volume declined and prices increased in the 2nd 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.

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

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

Martin County Single Family Homes 2022 2nd Quarter Report

08.01.22 by

Martin County Single Family Homes 2022 2nd 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 2nd Quarter Report

The Martin County single-family home market had weaker sales volume and higher prices when compared to the 2nd 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.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2022 2nd Quarter Report