Search Results for: florida single family market report

Florida Single Family Homes March 2018 Market Report

04.30.18 by

Florida Single Family Homes March 2018 Market Report

The Florida Single Family Homes March 2018 Market Report showed somewhat weaker activity when compared to last year, but still remains a very active market. Closed sales were down by 3.5% (were up by 3.3% in February) and new sales under contract (new pending sales) were down by 2.2% (were down by 1.0% in February).

Prices though, continue with their upward march.  The median and average sales prices up by 8.2% and 8.7% respectively, compared to February’s 9.6% and 7.4%.

The inventory of available homes for sale fell by 7.5% from last year.  For March there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (March of 2017 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes March 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes March 2018 Market Report

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

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

Florida Single Family Homes March 2018 Market Report

Florida Single Family Homes February 2018 Market Report

04.02.18 by

Florida Single Family Homes February 2018 Market Report

The Florida Single Family Homes February 2018 Market Report showed a modest improvement in closed sales but weaker pending activity as compared to last year. Closed sales were up by 3.3% (were down by1.3% in January) and new sales under contract (new pending sales) were down by 1.0% (were up by 0.1% in January).

Prices though, continue with their upward march.  The median and average sales prices up by 9.6% and 7.4% respectively, compared to January’s 9.1% and 12.3%.

The inventory of available homes for sale fell by 4.6% from last year.  For February there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February of 2017 had a 4.2 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes February 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes February 2018 Market Report

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

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

Florida Single Family Homes February 2018 Market Report

Florida Single Family Homes January 2018 Market Report

03.10.18 by

Florida Single Family Homes January 2018 Market Report

The Florida Single Family Homes January 2018 Market Report began 2018 with weaker sales volume. Closed sales were down by 1.3% (were up by 2.6% in December) and new sales under contract (new pending sales) were up by 0.1% (were down by 0.1% in December).

Prices, however, continue to rise when compared to last year.  With the median and average sales prices up by 9.1% and 12.3% respectively, compared to December’s 8.0% and 9.4%.

The inventory of available homes for sale fell by 7.3% from last year.  For January there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January of 2017 had a 4.2 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes January 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes January 2018 Market Report

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

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

Florida Single Family Homes January 2018 Market Report

Florida Single Family Homes December 2017 Market Report

01.26.18 by

Florida Single Family Homes December 2017 Market Report

The Florida Single Family Homes December 2017 Market Report continues to do better than last year but at a reduced rate of increase. Closed sales were up by 2.6% (were up by 1.3% in November) and new sales under contract (new pending sales) were down by 0.1% (were up by 5.5% in November).

Both the median and average sales prices continued to rise when compared to last year.  Up by 8.0% and 9.4% respectively, compared to November’s 9.1% and 8.3%.

The inventory of available homes for sale fell by 7.1% from last year.  For December there was a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December of 2016 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Townhouses and Condos December 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes December 2017 Market Report

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

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

Florida Single Family Homes December 2017 Market Report

Florida Single Family Homes November 2017 Market Report

12.28.17 by

Florida Single Family Homes November 2017 Market Report

The Florida Single Family Homes November 2017 Market Report showed stronger activity as compared to last year.  Closed sales were up by 1.3% (were up by 2.0% in October) and new sales under contract (new pending sales) were up by 5.5% (were up by 10.1% in October).

Both the median and average sales prices continued to rise when compared to last year.  Up by 9.1% and 8.3% respectively, compared to October’s 7.1% and 6.8%.

The inventory of available homes for sale fell by 6.8% from last year.  For November there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (November of 2016 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes November 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes November 2017 Market Report

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

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

Florida Single Family Homes November 2017 Market Report

Florida Single Family Homes October 2017 Market Report

12.01.17 by

Florida Single Family Homes October 2017 Market Report

The Florida Single Family Homes October 2017 Market Report showed stronger activity as compared to last year.  Closed sales were up by 2.0% (were down by 20.4% in September) and new sales under contract (new pending sales) were up by 10.1% (were down by 30.2% in September).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.1% and 6.8% respectively, compared to September’s 7.6% and 5.9%.

The inventory of available homes for sale fell by 5.7% from last year.  For October there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October of 2016 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

October 2017 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes October 2017 Market Report

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

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

Florida Single Family Homes October 2017 Market Report

Florida Single Family Homes September 2017 Market Report

10.27.17 by

Florida Single Family Homes September 2017 Market Report

The Florida Single Family Homes Market Report for September 2017 showed weaker activity from last year.  This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 20.4% (were up by 0.9% in August) and new sales under contract (new pending sales) were down by 30.2% (were up by 2.2% in August).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.6% and 5.9% respectively, compared to August’s 6.7% and 7.7%.

The inventory of available homes for sale fell by 6.1% from last year.  For September there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (September of 2016 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes September 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes September 2017 Market Report

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

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

Florida Single Family Homes September 2017 Market Report

Florida Single Family Homes August 2017 Market Report

10.02.17 by

Florida Single Family Homes August 2017 Market Report

The Florida Single Family Homes Market Report for August 2017 continues to improve as compared to last August though at a reduced rate from the past few years and months.  Closed sales were up by 0.9% (were up by 2.0% in July) and new sales under contract (new pending sales) were up by 2.2% (were up by 3.3% in July).

Both the median and average sales prices continued to rise when compared to last year.  Up by 6.7% and 7.7% respectively, compared to July’s 7.1% and 5.7%.

The inventory of available homes for sale fell by 4.5% from last year.  For August there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August of 2016 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes August 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes August 2017 Market Report

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

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

Florida Single Family Homes August 2017 Market Report

Martin County Townhouses and Condos November 2024 Market Report

12.26.24 by

Martin County Townhouses and Condos November 2024 Market Report

The Martin County Townhouses and Condos real estate market had stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were up by 47.7%.  They were up by 16.4% in October.  New sales under contract (new pending sales) were the same as last year (73).  They were up by 8.8% in October.

Prices dropped in November.  The median sales price decreased by 33.8% (was down by 6.8% last month). And, the average sales price decreased by 29% (was down by 25.5% in October).

The available townhouses and condos inventory increased to 627 properties.  This is a 48.2% greater supply of inventory than we had in November 2023.  Currently, there’s a 7.6-month supply of inventory (compared to 5 months for November 2023).  We remain in a balanced market slightly favoring buyers for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos November 2024 Market Report

Martin County Single Family Homes November 2024 Market Report

12.25.24 by

Martin County Single Family Homes November 2024 Market Report

The Martin County Single Family Homes real estate market had mixed sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down 3.8% from last year (they were up by 16.3% in October). At the same time, new pending sales were up by 29.8% compared to last year (which increased by 7.4% last month).

Prices deteriorated for November when compared to last year.  The median sales price decreased by 7.6% from last year (up by 7.5% in October) and the average sales price decreased by 17.7% (up by 19.6% last month). Full year analysis next month will reveal the actual trend in prices.

The inventory of available single-family homes increased by 33 homes this month to 800. This is a 36.8% greater inventory than last November.  The current supply of homes is 5 months.  For November of last year, it was 3.6 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

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 November 2024 Market Report

River Watch Real Estate Market Report December 2024

12.25.24 by

River Watch Real Estate Market Report December 2024

For December 2024, 1 home is for sale in the River Watch community of Hutchinson Island in Jensen Beach FL. The list price is $575,000 or $398.20 per sq. ft. of living area.

No River Watch homes are currently under contract.

Only 1 River Watch home has sold in the past 12 months. The sales price was $980,000 which equals $499.24 per sq. ft. of living area. This home was on the market for 24 days before going under contract. And, the sales price was 99% of the last list price.

Click here to view recent River Watch market reports!

About River Watch on Hutchinson Island:

River Watch on Hutchinson Island in Jensen Beach Florida
Google Earth image

River Watch is located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line.  These are single-family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area.  Many homes have private docks and access to the Intracoastal Waterway which is also known as the Indian River.  There are 30 homes in this community off of Aqua Ra Road which accesses both subdivisions from A-1-A.

Most of these homes are waterfront with access to the Intracoastal Waterway.   Suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors.   Thus, only human or electric power for that initial stretch of water.

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island. Simply by walking across the street to their private beach. Or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable HOA fee which includes your landscaping as well as basic cable TV.

An excellent location makes it easy to go grocery shopping, boating, and spend days on the beach, and restaurants.  Enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

River Watch homes for sale on Hutchinson Island

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 Watch Real Estate Market Report December 2024

Florida Townhouses and Condos November 2024 Market Report

12.24.24 by

Florida Townhouses and Condos November 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 15.6% compared to last month’s decrease of 19.9%.  New sales under contract (new pending sales) decreased by 4.9% (In October, there was a 18.3% decrease).

Prices were down for November compared to last year. The median sales price was down by 5.8% for November (down by 2.2% in October). And the average sales price decreased by 6.7% (was down by 0.5% in October).

The inventory of active listings increased by 46.1% from November last year.  This results in a 8.2-month supply of inventory as compared to a 5-month supply for November 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Download/view the full report

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

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

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

Florida Townhouses and Condos November 2024 Market Report

East Lake Village Real Estate Market Report December 2024

12.09.24 by

East Lake Village Real Estate Market Report December 2024

For December 2024, 14 homes are for sale in East Lake Village.  List prices range from $278,000 up to $450,000. This is an average list price of $339,050 or $210.89 per sq. ft. of living area.

2 East Lake Village homes are currently under contract.  The list prices were $274,900 and $295,000.  This works out to an average list price of $284,950 which equals $193.15 per sq. ft. of living area.  These homes averaged 26 days on the market before going under contract.

In the past 12 months, 52 East Lake Village homes have sold.  Sales prices ranged from $260,000 up to $384,777. This works out to an average sales price of $319,919 which is $204.51 per sq. ft. of living area.  These homes sold for an average of 98% of the list price. And, they went under contract in an average of 56 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

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.

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

East Lake Village Homes for Sale in Port St. Lucie 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.

East Lake Village Real Estate Market Report December 2024

St Lucie County Townhouses and Condos October 2024 Market Report

11.30.24 by

St Lucie County Townhouses and Condos October 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 17.9% from last year (they were down by 14.9% in September). New pending sales were down by 30.3% (they were down by 5.4% last month).

Prices were down for October. The median price decreased by 25.1% from last year (was up by 1.4% in September) and the average sales price decreased by 24.4% (was up by 18.3% in September).

The available townhouses and condos inventory increased by 38 units from last month to 711 residences. This is a 53.6% greater inventory than we had in October 2023. The current inventory supply is 8.8 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

Click to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos October 2024 Market Report

St Lucie County Single Family Homes October 2024 Market Report

11.29.24 by

St Lucie County Single Family Homes October 2024 Market Report

The October 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 15.8% for the month compared to the previous year (in September they were down by 11.4%). New sales under contract (new pending sales) decreased by 14.1% (down by 7.3% last month).

Prices rose in slightly in October when compared to last year.  The median sales price was up by 2.0% (it was up by 2.0% in September too).  The average sales price was up by 3.2% (it was up by 2.1% in September).

The number of available homes for sale increased to 2,227.  This inventory is 43.2% greater than last year.  The current supply of homes is 4.9 months (it was 3.3 months for last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

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

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 2024 Market Report

Sablewood Real Estate Market Report November 2024

11.29.24 by

Sablewood Real Estate Market Report November 2024

As of November 2024, 2 homes are for sale in the Sablewood community of Hobe Sound FL. The list prices are $899,000 and $980,000. This is an average list price of $939,500 or $336.51 per sq. ft. of living space.

No Sablewood homes are currently under contract.

In the past 12 months years, there have been no Sablewood home sales.

View previous Sablewood market reports.

About the Sablewood Community of Hobe Sound

Sablewood real estate in Hobe Sound FL

Sablewood is a gated community of 38 upscale homes located in Hobe Sound, Florida on the west side of Gomez Avenue. The community was developed in the late 1980s and early 1990s and features single-family homes with attached garages, beautifully landscaped yards, and palm tree-lined streets. Sablewood homes were built beginning in 1989 and the last one recorded was finished in 2016. 

Sablewood property owners have the use of a community tennis court as well as some great open space that is part of the association property.  Sablewood is a pet-friendly community and rentals are also permitted with some restrictions.

Sablewood real estate in Hobe Sound FL

Homes range in size from just over 3,500 sq. ft. of living area with up to 6 bedrooms and 5 bathrooms down to 3 bedroom, 2 bathroom homes of just under 2,000 sq. ft. of living area.  These homes are on generous lot sizes from over one-quarter of an acre to just over half an acre.

The Sablewood community is located in a very private and quiet area of Hobe Sound, yet it is still close to shopping, beaches, boat ramps, and marinas. The community is also located just a short drive from the Jupiter Lighthouse and the Jupiter Inlet Colony.

If you are looking for a beautiful, quiet, and private community to call home, Sablewood is definitely worth considering.

Check the links on this page to see if any Sablewood homes are available for sale.

Search here for Sablewood homes in Hobe Sound

Sablewood Real Estate Market Report November 2024

Martin County Townhouses and Condos October 2024 Market Report

11.28.24 by

Martin County Townhouses and Condos October 2024 Market Report

The Martin County Townhouses and Condos real estate market had stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were up by 16.4%.  They were down by 18.3% in September.  New sales under contract (new pending sales) were up 8.8% from last year.  They were up by 8.7% in September.

Prices dropped in October.  The median sales price decreased by 6.8% (was up by 5.3% last month). And, the average sales price decreased by 25.5% (was up by 19.7% in September).

The available townhouses and condos inventory increased to 590 properties.  This is a 56.9% greater supply of inventory than we had in October 2023.  Currently, there’s a 7.3-month supply of inventory (compared to 4.4 months for October 2023).  We remain in a balanced market slightly favoring buyers for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos October 2024 Market Report

Martin County Single Family Homes October 2024 Market Report

11.27.24 by

Martin County Single Family Homes October 2024 Market Report

The Martin County Single Family Homes real estate market had mixed sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down 16.3% from last year (they were up by 7.6% in September). At the same time, new pending sales were up by 7.4% compared to last year (which decreased by 23.8% last month).

Prices improved for October when compared to last year.  The median sales price increased by 7.5% from last year (up by 3.9% in September) and the average sales price increased by 19.6% (up by 22.1% last month).

The inventory of available single-family homes increased by 231 homes to 767. This is a 43.1% greater inventory than last October.  The current supply of homes is 4.8months.  For October of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

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 September 2024 Market Report

Conquistador Real Estate Market Report November 2024

11.27.24 by

Conquistador Real Estate Market Report November 2024

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

Also, no Conquistador homes are currently under contract.

4 Conquistador homes have sold in the past 12 months. The sales prices ranged from $412,000 up to $549,000. This works out to an average sales price of $486,500 or $276.18 per sq. ft. of living space. These homes averaged 54 days on the market before going under contract. And, they sold for an average of 935% of the last list price.

Condos: 8 condos are for sale in Conquistador.  The list prices range from $259,000 up to $295,000. This is an average list price of $275,625 or $257.66 per sq. ft. of living area.

No Conquistador condos are under contract at this time.

In the past 12 months, 9 Conquistador condos have sold.  Sales prices ranged from $250,000 up to $310,000.  The average sales price was $273,444 which equals $259.06 per sq. ft. of living area. These sales averaged 97% of the list price. And, they went under contract in an average of 73 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 which is 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 individual pool areas, barbecue areas, or the main clubhouse pool.

Conquistador real estate 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 real estate in Stuart Florida
Conquistador Condos and Homes in Stuart FL

Search for available Homes and Condos in Conquistador here

Search for Conquistador homes and condos 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.

Conquistador Real Estate Market Report November 2024

Florida Townhouses and Condos October 2024 Market Report

11.26.24 by

Florida Townhouses and Condos October 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 19.9% compared to last month’s decrease of 20.7%.  New sales under contract (new pending sales) decreased by 18.3% (In September, there was a 16.3% decrease).

Prices were down for October compared to last year. The median sales price was down by 2.2% for October (down by 3.4% in September). And the average sales price decreased by 0.5% (was up by 1.8% in August).

The inventory of active listings increased by 52.2% from October last year.  This results in a 7.7-month supply of inventory as compared to a 4.6-month supply for October 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Download/view the full report

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

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

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

Florida Townhouses and Condos October 2024 Market Report