Search Results for: florida single family market report

Florida Single Family Homes 2022 2nd Quarter Report

07.28.22 by

Florida Single Family Homes 2022 2nd Quarter Report

Click the image below to view the full details of the 2022 2nd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2022 2nd Quarter Report

For the 2nd 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.

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

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 2nd Quarter Report

St Lucie County Single Family Homes June 2022 Market Report

07.26.22 by

St Lucie County Single Family Homes June 2022 Market Report

The June 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. (Don’t ask me how long!) Closed sales were down by 13.6% for the month compared to last year (in May they were up by 2.3%). New sales under contract (new pending sales) decreased by 24.9% (they were down by 7.3% last month).

Prices were also up in June.  The median sales price was up by 30.8% (was up by 30.4% in May).  The average sales price was up by 28.8% (it was up by 31.6% in May).

The number of available home listings increased by 546 homes to 1228.  This inventory is 108.5% greater than last year.  The current supply of homes is 2.0 months (it was 1.0 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 June 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 June 2022 Market Report

Martin County Single Family Homes June 2022 Market Report

07.22.22 by

Martin County Single Family Homes June 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last June. 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. (Don’t ask me how long!)  Closed sales were down by 32.7% from last year (were down by 20.9% in May).  While new pending sales decreased by 30.6% as compared to last year (decreased by 27.2% last month).

Prices were up for the month of June.  The median sales price increased from last year by 20.4% (it was up by 24.4% in May) while the average sales price increased by 2.4% (it was down by 0.6% last month).

The inventory of available single-family homes increased by 88 homes from last month to 429. This is 41.1% larger inventory than last June.  The current supply of homes is 2.2 months.  For June 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 June 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 June 2022 Market Report

Summerfield Real Estate Market Report July 2022

07.18.22 by

Summerfield Real Estate Market Report July 2022

As of July 2022, 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
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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
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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
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Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, 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 July 2022

The Florida Club Market Report July 2022

07.15.22 by

The Florida Club Market Report July 2022

As of July 2022, there are 2 Florida Club homes for sale in Stuart FL. The list prices are $499,900 and $529,000. This is an average list price of $514,450 or $336.68 per sq. ft. of living area.

There are 4 homes under contract awaiting closing. The list prices ranged from $415,000 up to $585,000. This equals an average list price of $472,500 which works out to $292.76 per sq. ft. of living area. These homes averaged 13 days on the market before going under contract.

In the past 12 months, 30 homes have sold in the Florida Club. Sales prices ranged from $360,000 up to $860,000 for an average sales price of $517,501 which equals $257.07 per square foot of living area. These homes were on the market for an average of 12 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
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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
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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
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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 Market Report July 2022

Murano Palm City Market Report July 2022

07.04.22 by

Murano Palm City Market Report July 2022

Palm City Florida Real Estate

There is 1 home available for purchase in the Murano community in Palm City FL. The list price is $599,000 or $243.89 per sq. ft. of living area.

There are also no homes under contract at this time in the Murano subdivision of Palm City, FL.

In the past 12 months, 7 Murano homes have sold. The sales prices ranged from $415,000 up to $650,000.  This works out to an average sales price of $529,429 which equals $223.26 per sq. ft. of living area.  These homes were on the market for an average of 16 days before going under contract.  And, they sold for an average of 98% of the list price.

Click here to view recent Murano market reports!

About the Murano Community in Palm City FL:

Murano in Palm City Florida
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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 in Palm City Florida
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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 in Palm City Florida
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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 2022 Housing Market Report

East Lake Village Market Report June 2022

06.30.22 by

East Lake Village Market Report June 2022

For June 2022, there are 4 active listings in East Lake Village.  List prices range from $267,000 up to $389,000. This is an average list price of $315,300 or $230.11 per sq. ft. of living area.

There are 10 homes under contract in East Lake Village which have not closed to date.  List prices were from $255,000 up to $399,000.  This works out to an average list price of $289,282 which equals $197.74 per sq. ft. of living area.  These homes averaged 18 days on the market before going under contract.

In the past 12 months, 65 East Lake Village homes have sold.  Sales prices ranged from $186,500 up to $400,000. This works out to an average sales price of $262,647 which is $170.22 per sq. ft. of living area.  These homes sold for an average of 101% of the list price. And, they went under contract in an average of 14 days after going on the market.

Click here to view recent East Lake Village market reports!

About East Lake Village in Port St. Lucie:

East Lake Village in Port Saint Lucie Florida
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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
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Sizes of these homes range from 4 bedroom, 3 and ½ bathroom homes with 2 car garages of over 2,300 sq. ft. of the 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
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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 Market Report June 2022

St Lucie County Single Family Homes May 2022 Market Report

06.28.22 by

St Lucie County Single Family Homes May 2022 Market Report

The May 2022 St Lucie County Single Family Home market had slightly better activity when compared to last year. This is quite impressive when you consider the results of other surrounding counties. It appears that the inventory may have bottomed out and started to rise. Closed sales were up by 2.3% for the month compared to last year (in April they were down by 4.2%). New sales under contract (new pending sales) decreased by 7.3% (they were down by 11.9% last month).

Prices were also up in May.  The median sales price was up by 30.4% (was up by 28.8% in April).  The average sales price was up by 31.6% (it was up by 24.5% in April).

The number of available home listings increased by 151 homes to 678.  This inventory is 37.9% greater than last year.  The current supply of homes is 1.3 months (it was 1.0 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 May 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 May 2022 Market Report

Sunset Trace Palm City Market Report June 2022

06.27.22 by

Sunset Trace Palm City Market Report June 2022

As of June 2022, there is only 1 Sunset Trace home for sale in Palm City FL.  The list price is $279,900 which is $203.71 per sq. ft. of living area.

There are 2 homes currently under contract.  The list prices were $265,000 and $279,900.  This works out to an average list price of $272,450 which equals $209.06 per sq. ft. of living area.  These homes were on the market for an average of 9 days prior to going under contract.

In the past 12 months, 52 homes have sold in Sunset Trace.  Sales prices ranged from a low of $201,000 up to $329,000.  This equals an average sales price of $257,318 or $197.09 per sq. ft. of living area.  These homes sold for an average of 100% of the list price. And, they were on the market for an average of 14 days before going under contract.

Click here to view recent Sunset Trace market reports!

About Sunset Trace in Palm City FL:

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

Recently sold Sunset Trave homes:

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

Sunset Trace real estate in Palm City FL
Sunset Trace Townhouse

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

Sunset Trace Townhouse
Sunset Trace in Palm City FL

Search here for Sunset Trace homes for sale

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

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

Sunset Trace Palm City Market Report June 2022

Martin County Single Family Homes May 2022 Market Report

06.23.22 by

Martin County Single Family Homes May 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last May. We remain in a market with low inventory (though that is in the process of changing) and rising borrowing costs that are significantly affecting the real estate market.  Closed sales were down by 20.9% from last year (were down by 32.2% in April).  While new pending sales decreased by 27.2% as compared to last year (decreased by 31.9% last month).

Prices were mixed for the month of May.  The median sales price increased from last year by 24.4% (it was up by 26.5% in April) while the average sales price decreased by 0.6% (it was down by 7.3% last month).

The inventory of available single-family homes increased by 73 homes from last month to 341 homes. This is a 23.6% larger inventory than last May.  The current supply of homes is 1.7 months.  For May 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 May 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 May 2022 Market Report

Carriage Hill Condos of Palm Cove Market Report June 2022

06.18.22 by

Carriage Hill Condos of Palm Cove Market Report June 2022

There are no Carriage Hill condos available to purchase in the Palm Cove Golf and Yacht Club in Palm City, FL for June 2022.

There are also no condos currently under contract.

In the past 12 months, only 1 Carriage Hill condo sold. The sales price was $349,900 which is $153.20 per sq. ft. of living area. This condo sold for 99% of the list price. And, was on the market for 107 days before going under contract.

Click here to view recent Carriage Hill market reports!

About the Carriage Hill Condos of Palm Cove:

Carriage Hill condos in the Palm Cove Golf and Yacht Club in Palm City Florida
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View all Palm Cove properties for sale:

 There are only 14 exclusive condos in the Carriage Hill section of the Palm Cove Golf and Yacht Club.  There are two buildings.  The first was built in 1991 and consists of both 3 bedroom and 2 bedroom units with from 1,700 sq. ft. of living area up to 2,300.  The newest building was built in 2004 and is called the Links at Palm Cove with only four units with both 3 bedroom and 2 bedroom condos of 1,600 to 2,200 sq. ft. of living area.  All of these condos have covered parking in the form of either attached or detached garages.

Carriage Hill condos in the Palm Cove Golf and Yacht Club in Palm City Florida
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Conveniently located adjacent to the tennis courts and the golf course with many units having both golf and lake views.  Only a short walk to the magnificent full-service clubhouse and pool as well as access to the community docks. These are ocean-access deep water docks suitable for vessels up to 70’ in length.

Recently sold Carriage Hill condos:

These are the only condos in the Palm Cove Golf and Yacht Club. All other residences are either single-family homes or townhouses, which are located on Island Creek Trail.

Palm Cove Golf and Yacht Club

Maintenance fees for these condos include building insurance as well as exterior and roof maintenance as well as all the common areas and clubhouse membership.

Carriage Hills condos in Palm Cove

You can use this link to search for any available listings in the Carriage Hill Condos of Palm Cove

Search here for all Palm Cove Golf and Yacht Club 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.

Carriage Hill Condos of Palm Cove Market Report June 2022

River Marina Market Report May 2022

05.25.22 by

River Marina Market Report May 2022

For May 2022, there aren’t any homes and/or townhomes available for sale in River Marina in Stuart FL.

There is 1 property currently under contract.  The list price was $318,000 which equals $197.03 per sq. ft. of living area.  This home went under contract 1 day after going on the market.

In the past 12 months, 22 properties have been sold in River Marina (4 single-family homes and 18 townhomes).  Sales prices ranged from $245,000 up to $700,000.  The average sales price was $341,677 which works out to $193.47 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 13 days on the market.

Click here to view the previous River Marina market reports

About River Marina in Stuart FL:

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

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

River Marina in Martin County Florida
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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 real estate in Stuart FL

Search for homes and townhomes for sale in River Marina

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

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

River Marina Market Report May 2022

St Lucie County Single Family Homes April 2022 Market Report

05.23.22 by

St Lucie County Single Family Homes April 2022 Market Report

The April 2022 St Lucie County Single Family Home market had slightly weaker activity when compared to last year. This is still impressive when you consider the results of other surrounding counties as well as the extremely low inventory of available homes available for purchase. Though, the inventory may have bottomed out and started to rise. Closed sales were down by 4.2% for the month compared to last year (in March they were up by 16.2%). New sales under contract (new pending sales) decreased by 11.9% (they were down by 4.0% last month).

Prices were also up in April.  The median sales price was up by 28.8% (was up by 31.6% in March).  The average sales price was up by 24.5% (it was up by 29.7% in March).

The number of available home listings decreased by 84 homes to 678.  This inventory is 16.1% greater than last year.  The current supply of homes is 1.1 months (it was 1.0 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 April 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 April 2022 Market Report

Martin County Single Family Homes April 2022 Market Report

05.21.22 by

Martin County Single Family Homes April 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last April. We remain in a market with unprecedented low inventory and rising borrowing costs that are significantly affecting the real estate market.  Closed sales were down by 32.2% from last year (were down by 32.7% in March).  While new pending sales decreased by 31.9% as compared to last year (decreased by 27.6% last month).

Prices were mixed for the month of April.  The median sales price increased from last year by 26.5% (it was up by 13.5% in March) while the average sales price decreased by 7.3% (it was down by 9.4% last month).

The inventory of available single-family homes increased by 45 homes from last month to 268 homes. This is still 6.0% less inventory than last April.  The current supply of homes is 1.3 months.  For April 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 April 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 April 2022 Market Report

Conquistador Homes and Condos Market Report May 2022

05.18.22 by

Conquistador Homes and Condos Market Report May 2022

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

Also, there are no homes currently under contract.

3 Conquistador homes have sold in the past 12 months. The sales prices ranged from $434,900 up to $575,000. This works out to an average sales price of $518,300 which is $218.27 per sq. ft. of living area. These homes averaged 5 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Condos: There are currently 2 condos for sale in Conquistador.  The list prices are $169,000 and $274,900. This is an average list price of $221,950 or $236.76 per sq. ft. of living area.

There are 3 Conquistador condos under contract at this time.  The list prices ranged from $230,000 up to $289,000. This is an average list price of $252,667 which equals $241.53 per sq. ft. of living area. These condos averaged 9 days on the market before going under contract.

In the past 12 months, 20 condos have sold in Conquistador.  Sales prices ranged from $140,000 up to $270,000.  The average sales price was $212,845 which equals $195.40 per sq. ft. of living area. These sales averaged 99% of the list price and went under contract in an average of 12 days after being listed.

About Conquistador Homes and Condos in Stuart FL:

Conquistador in Stuart Florida
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Conquistador homes and condos for sale:

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

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

Conquistador in Stuart Florida
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Recent Conquistador sales:

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

Conquistador Condos and Homes in Stuart FL

Search for available Homes and Condos in Conquistador here

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

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

Conquistador Homes and Condos Market Report May 2022

Oakbrooke Estates May 2022 Market Report

05.12.22 by

Oakbrooke Estates May 2022 Market Report

For May 2022, there are no homes for sale in the Oakbrooke Estates community of Palm City in Martin County.

There are 3 homes currently under contract. The list prices ranged from $750,000 up to $919,000. This is an average list price of $818,000 which is $261.65 per sq. ft. of living area. These homes averaged 7 days on the market before going under contract.

In the past 12 months, 3 Oakbrooke Estates homes have sold.  Sales prices ranged from $652,500 up to $790,000.  This works out to an average sales price of $725,833 or $198.75 per sq. ft. of living area.  These homes sold for an average of 96% of the list price and went under contract in an average of 23 days after being listed.

Click here to view previous Oakbrooke Estates market reports!

About Oakbrooke Estates:

Oakbrooke Estates in Palm City Florida
Google Earth image

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

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

Recent Oakbrooke Estates home sales:

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

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

Oakbrooke Estates real estate in Palm City FL

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

Oakbrooke Estates May 2022 Market Report

Coral Lakes May 2022 Market Report

05.03.22 by

Coral Lakes May 2022 Market Report

For May 2022, there are no homes available for sale in Coral Lakes in Stuart FL.

There is 1 home currently under contract in Coral Lakes. The list price was $450,000 which works out to $215.93 per sq. ft. of living area. This home was on the market for 24 days before going under contract.

6 Coral Lakes homes have sold in the past 12 months.  These homes sold for prices ranging from $550,000 up to $700,000.  This equals an average sales price of $611,833 which works out to $252.49 per sq. ft. of living area. These homes were on the market for an average of 29 days before going under contract and sold for an average of 98% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

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

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

Recently sold Coral Lakes homes:

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

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

Coral Lakes real estate in Stuart FL

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

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

Check here to see which Coral Lakes homes are available 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.

Coral Lakes May 2022 Market Report

St. Lucie County Single Family Homes 2022 1st Quarter Report

04.30.22 by

St. Lucie County Single Family Homes 2022 1st 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 1st Quarter Report

Unlike most other areas in our market, the St. Lucie County single-family home real estate market had an improved sales volume when compared to the 1st quarter of 2021.   These sales results are quite remarkable considering the current unprecedented low inventory. There is very active new home construction in place in Saint Lucie County which may explain these positive results. Prices were also higher during this period with very large gains. If the construction of new inventory continues in St. Lucie County, these sales numbers may continue to show positive results. One f the few laces in the state (and nationally) to do so.

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 1st Quarter Report

04.28.22 by

Martin County Single Family Homes 2022 1st Quarter Report

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

Martin County Single Family Homes 2022 1st Quarter Report

The Martin County single-family home market had weaker sales volume when compared to the 1st quarter of 2021.   This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices and higher interest rates. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume in the near future.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2022 1st Quarter Report

Florida Single Family Homes 2022 1st Quarter Report

04.26.22 by

Florida Single Family Homes 2022 1st Quarter Report

Click the image below to view the full details of the 2022 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2022 1st Quarter Report

For the 1st quarter of 2022, Florida single-family homes showed reduced sales activity when compared to last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices and increasing interest rates. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume in the near future.

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

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 1st Quarter Report