Search Results for: florida single family 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
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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 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

River Marina Real Estate Market Report November 2024

11.21.24 by

River Marina Real Estate Market Report November 2024

For November 2024, 2 homes are for sale in River Marina in Stuart FL. The list prices are $375,000 and $385,000. This is an average list price of $380,000 or $241.01 per sq. ft. of living area.

21 River Marina homes are currently under contract. The list prices were $445,000 and $739,000. This equals an average list price of $592,000 which is $243.36 per sq. ft. of living space. This home was on the market for 12 days before going under contract.

In the past 12 months, 11 River Marina homes have sold.  Sales prices ranged from $335,000 up to $483,000.  The average sales price was $367,136 which works out to $231.25 per sq. ft. of living area.  These homes sold on average for 97% of the list price. And, they went under contract in an average of 38 days after going 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
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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.

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 homes for sale in Stuart FL

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 2024

Coral Lakes Real Estate Market Report November 2024

11.12.24 by

Coral Lakes Real Estate Market Report November 2024

For November 2024, no homes are available for sale in Coral Lakes in Stuart FL.

2 Coral Lakes homes are currently under contract. The list prices were $650,000 and $665,000. This is an average list price of $657,500 or $311.93 per sq. ft. of living space.

5 Coral Lakes homes have sold in the past 12 months.  These homes sold for prices ranging from $500,000 up to $700,000.  This equals an average sales price of $628,000 which works out to $308.19 per sq. ft. of living area. These homes were on the market for an average of 78 days before going under contract. And, they sold for an average of 96% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart Florida
Google Earth image

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 real estate 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 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.

Other than a storage lot for boats, RVs, 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 real estate 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 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.

Search for Coral Lakes 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.

Coral Lakes Real Estate Market Report November 2024

St. Lucie County Single Family Homes 2024 3rd Quarter Report

11.02.24 by

St. Lucie County Single Family Homes 2024 3rd Quarter Report

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

For the 3rd quarter of 2024, the St Lucie County single-family home real estate market had increased sales volume. Prices also rose for this quarter, though at a much-reduced rate from previous reports. Inventory is continuing to increase but at a slower rate. Interest rates are stubbornly high, but should improve closer to the end of the year. For the time being, though, the Saint Lucie County single-family home market remains in a seller’s market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2024 3rd Quarter Report

Heronwood Real Estate Market Report November 2024

11.02.24 by

Heronwood Real Estate Market Report November 2024

As of November 2024, 2 homes are for sale in the Heronwood community in the Martin Downs Country Club in Palm City FL.  The list prices are $589,000 and $595,000. This is an average list price of $592,000 which equals $273.19 per sq. ft. of living area.

There are no Heronwood homes currently under contract.

In the past 12 months, 8 Heronwood homes have sold.  Sales prices ranged from $479,000 up to $585,000.  This equals an average sales price of $538,000 which works out to $236.66 per sq. ft. of living area.  These homes sold for an average of 96% of the list price.  And, they were on the market for an average of 37 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
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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. 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.

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 2024

Martin County Single Family Homes 2024 3rd Quarter Report

10.31.24 by

Martin County Single Family Homes 2024 3rd Quarter Report

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

Martin County Single Family Homes 2024 3rd Quarter Report

The Martin County single-family home real estate market continued to show weaker sales activity when compared to last year. Prices were down for the quarter while the inventory continued to rise. Interest rates remain high, though they will soon start to come down. I expect sales to remain sluggish for the short term, though we remain in a seller’s market for Martin County single-family home sales.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2024 3rd Quarter Report

Florida Single Family Homes 2024 3rd Quarter Report

10.29.24 by

Florida Single Family Homes 2024 3rd Quarter Report

Click the image below to view the full details of the 2024 3rd quarter single-family home market report as reported by Florida Realtors.

For the 3rd quarter of 2024, Florida single-family homes continued the trend of reduced sales volume. Prices remained stable while inventory rose for this quarter. Interest rates remain high. So, I expect sales to stay somewhat sluggish. Though we have become a seller’s market once again. I suspect that we will soon be in a buyer’s market.

Click here to view/download the full report

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

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2024 3rd Quarter Report

St Lucie County Townhouses and Condos September 2024 Market Report

10.28.24 by

St Lucie County Townhouses and Condos September 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 14.9% from last year (they were down by 29.5% in August). New pending sales were down by 5.4% (they were down by 35.2% last month).

Prices were up for September. The median price increased by 1.4% from last year (was up by 1.6% in August) and the average sales price increased by 18.3% (was up by 9.9% in August).

The available townhouses and condos inventory increased by 6 units from last month to 673 residences. This is a 66.2% greater inventory than we had in September 2023. The current inventory supply is 8.2 months, as compared to 4.8 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.

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos September 2024 Market Report

St Lucie County Single Family Homes September 2024 Market Report

10.27.24 by

St Lucie County Single Family Homes September 2024 Market Report

The September 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 11.4% for the month compared to the previous year (in August they were up by 6.5%). New sales under contract (new pending sales) decreased by 7.3% (down by 3.5% last month).

Prices rose in September when compared to last year.  The median sales price was up by 2.0% (it was up by 2.5% in August).  The average sales price was up by 2.1% (it was up by 2.0% in August).

The number of available homes for sale increased by 51 homes to 2,235.  This inventory is 58.7% greater than last year.  The current supply of homes is 4.9 months (it was 3.0 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.

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes September 2024 Market Report