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St Lucie County Townhouses and Condos November 2022 Market Report

12.28.22 by

St Lucie County Townhouses and Condos November 2022 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 39.7% from last year (were down by 42.4% in October). New pending sales were down by 50.5% for October (they were down by 43.5% last month).

Year-to-year prices were up for November at stubbornly high rates. The median price increased by 23.1% from last year (was up by 20.2% in October) and the average sales price increased by 32.5% (was down by 5.6% in October).

The available townhouses and condos inventory increased by 47 units from last month to 306 residences. This is 81.1% greater inventory than we had in November 2021. The current inventory supply is 3.1 months, as compared to 1.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos November 2022 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 November 2022 Market Report

Martin County Townhouses and Condos November 2022 Market Report

12.26.22 by

Martin County Townhouses and Condos November 2022 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales for the month were down by 26.3%.  They were down by 4.9% in October.  New sales under contract (new pending sales) were down by 37.5% from last year.  They were down by 41.2% in October.

Year-to-year prices continue to go up at stubbornly high rates.  The median sales price increased by 42.5% (was up by 45.2% last month). While the average sales price increased by 13.1% (was up by 25.1% in October).

The inventory of available townhouses and condos increased by 41 units to 286 properties.  This is an 89.4% greater supply of inventory than we had in November 2021.  Currently, there’s a 3.0 months supply of inventory (compared to 1.3 months for November 2021).  We remain in a seller’s market 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.

Martin County Townhouses and Condos November 2022 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 2022 Market Report

Crestwood Townhomes Real Estate Market Report December 2022

12.15.22 by

Crestwood Townhomes Real Estate Market Report December 2022

There is 1 townhome available for purchase in the Crestwood townhome community of Stuart FL in December 2022. The list price is $389,900 which is $164.03 per sq. ft. of living area.

There are no Crestwood townhomes currently under contract.

In the past 12 months, only 1 Crestwood townhome-condos has sold. The sales price was $390,000 which equals $229.41 per sq. ft. of living area. This home sold for 99% of the list price. And, it went under contract 9 days after being listed.

Click here to view the previous Crestwood market report!

About Crestwood Townhome Condos:

Crestwood Townhomes in Stuart Florida
Google Earth image

Crestwood homes for sale:

The townhome community of Crestwood in Stuart FL consists of 36 townhouses that are deeded under condo rules. There are 9 buildings, each with 4 homes. This complex had the first units completed in 1983 with a couple of the buildings finished in 2003 and 2006.

Crestwood Townhomes in Stuart Florida

All of these townhomes are spacious units with a minimum of 2 bedrooms and 2 and ½ baths of 1.634 sq. ft. and two-car garages up to 3 bedroom (possible 4 bedroom) 2 and ½ bath units with 2,377 sq. ft. of living area and a 2 car garage.

The condo fees are $440 per month, which includes building insurance and maintenance of the outside, common area maintenance, insurance, pest control, landscaping and lawn maintenance, reserve funds and roofs. There is a community pool with a gazebo and barbecue area.

Recent sales in Crestwood:

All ages are welcome and 1 medium-sized pet is OK. Rentals are permitted after 1 year of ownership. Children are zoned for Pinewood Elementary School, David L. Anderson Middle School, and South Fork High School.

Crestwood Townhomes in Stuart Florida

This complex is located on the corner of Cove Road and Kanner Highway making for easy access to I-95 for those needing to commute to points south or north. West Palm Beach is only 30 minutes away while both Miami and Orlando are approximately a 2-hour trip.

There’s a Publix shopping center just down the street and the Manatee Pocket can be reached in only minutes for those interested in boating or some great fresh seafood restaurants. Historic downtown Stuart FL is only 15 minutes away and only a few minutes further to the crystal clear blue waters of the Atlantic Ocean beaches.

Come to see why these Crestwood Condo-Townhomes are such an excellent opportunity.

Search Links:

Click here to see if any Crestwood Condo-Townhomes are available for sale

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.

Crestwood Townhomes Real Estate Market Report December 2022

St. Lucie County Townhouses and Condos 2022 3rd Quarter Report

12.05.22 by

St. Lucie County Townhouses and Condos 2022 3rd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 3rd Quarter of 2022.

St. Lucie County Townhouses and Condos 2022 3rd Quarter Report

For the 3rd quarter of 2022, the Saint Lucie Count townhouses and condo real estate market had weaker sales volume and higher sales prices when compared to the 3rd quarter of 2021.  The good news is that inventory is beginning to increase. The bad news is that it’s not enough yet and there are also higher prices and interest rates. This is causing a market that is in transition, though I think it will take some time and may be painful for both buyers and sellers of residential real estate before we see significant improvement.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

Martin County Townhouses and Condos 2022 3rd Quarter Report

12.01.22 by

Martin County Townhouses and Condos 2022 3rd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2022 3rd Quarter Report

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

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2022 3rd Quarter Report

Florida Townhouses and Condos 2022 3rd Quarter Report

11.29.22 by

Florida Townhouses and Condos 2022 3rd Quarter Report

Click the image below to view the 2022 3rd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2022 3rd Quarter Report

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

Click here to view/download the full report

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2022 3rd Quarter Report

St Lucie County Townhouses and Condos October 2022 Market Report

11.25.22 by

St Lucie County Townhouses and Condos October 2022 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 42.4% from last year (were down by 11.2% in September). New pending sales were down by 43.5% for September (they were down by 29.5% last month).

Year-to-year prices were up for October. The median price increased by 20.2% from last year (was up by 11.3% in September) and the average sales price increased by 5.6% (was down by 2.5% in September).

The available townhouses and condos inventory increased by 19 units from last month to 259 residences. This is 43.9% greater inventory than we had in October 2021. The current inventory supply is 2.5 months, as compared to 1.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos October 2022 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 2022 Market Report

Martin County Townhouses and Condos October 2022 Market Report

11.23.22 by

Martin County Townhouses and Condos October 2022 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales for the month were down by 4.9%.  They were down by 28.8% in September.  New sales under contract (new pending sales) were down by 41.2% from last year.  They were down by 31.3% in September.

Year-to-year prices continue to go up.  The median sales price increased by 45.2% (was up by 26.5% last month). While the average sales price increased by 25.1% (was up by 4.0% in September).

The inventory of available townhouses and condos increased by 28 units to 245 properties.  This is a 133.3% greater supply of inventory than we had in October 2021.  Currently, there’s a 2.6 months supply of inventory (compared to 0.9 months for October 2021).  We remain in a seller’s market 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.

Martin County Townhouses and Condos October 2022 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 2022 Market Report

The Courtyards Real Estate Market Report October 2022

10.31.22 by

The Courtyards Real Estate Market Report October 2022

There are no townhouses/condos currently for sale in the Courtyards at Willoughby.

There are 2 condos under contract at this time. The list prices were $315,000 and $325,000. This is an average list price of $320,000 which is $278.75 per sq. ft. of living space. These homes were on the market for an average of 43 days before going under contract.

In the past 12 months, 8 condos have sold in the Courtyards of Willoughby. Sales prices ranged from $190,000 up to $320,000.  This is an average sales price of $276,113 which equals $233.30 per sq. ft. of living space.  These condos sold for an average of 97% of the list price. And, these homes averaged 14 days on market before going under contract.

Click here to view the previous Courtyards at Willoughby market report!

About the Courtyards at Willoughby:

Courtyards at Willoughby in Stuart Florida
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Courtyards at Willoughby homes for sale:

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach, and Palm City have to offer.

Recent sales in the Courtyard of Willoughby

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedrooms, 2 bathrooms, two-level homes with 1,532 sq. ft. of living area down to 2 bedrooms, 2 baths, one level living with 1,125 sq. ft. of living space and some models feature garages.  Up to 1 medium-sized pet is allowed.

Courtyards at Willoughby in Stuart Florida
Google Earth image
The Courtyards at Willoughby October 2020 Market Report

This community features a swimming pool, a sundeck and cabana grilling area, and a 24-hour fitness center! The surrounding school district is ‘A-rated.

The Courtyards at Willoughby October 2020 Market Report

Search Here for Courtyards at Willoughby Condos 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.

The Courtyards Real Estate Market Report October 2022

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

St Lucie County Townhouses and Condos September 2022 Market Report

10.25.22 by

St Lucie County Townhouses and Condos September 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last September. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 11.2% from last year (were down by 28.3% in August). New pending sales were down by 29.5% for August(they were down by 28.1% last month).

Prices were mixed for September. The median price increased by 11.3% from last year (was up by 27.9% in August) and the average sales price decreased by 2.5% (was up by 22.3% in August).

The available townhouses and condos inventory increased by 12 units from last month to 240 residences. This is 37.1% greater inventory than we had in September 2021. The current inventory supply is 2.2 months, as compared to 1.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2022 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 2022 Market Report

Martin County Townhouses and Condos September 2022 Market Report

10.23.22 by

Martin County Townhouses and Condos September 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last September. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales for the month were down by 28.8%.  They were down by 15.1% in August.  New sales under contract (new pending sales) were down by 31.3% from last year.  They were down by 8.0% in August.

Prices continue to go up.  The median sales price increased by 26.5% (was up by 47.6% last month). While the average sales price increased by 4.0% (was up by 23.1% in August).

The inventory of available townhouses and condos increased by 6 units to 217 properties.  This is an 85.5% greater supply of inventory than we had in September 2021.  Currently, there’s a 2.3 months supply of inventory (compared to 1.0 months for September 2021).  We remain in a very extreme seller’s market 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.

Martin County Townhouses and Condos September 2022 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 September 2022 Market Report

Sawgrass Villas Real Estate Market Report October 2022

10.13.22 by

Sawgrass Villas Real Estate Market Report October 2022

For October 2022, there are no townhomes available for sale in the Sawgrass Villas community of Palm City Florida.

There are also no Sawgrass Villas townhomes that are under contract at this time.

In the past 12 months, only 1 Sawgrass Villas home has sold.  The sales price was $425,000 which works out to $204.62 per sq. ft. of living area.  This home sold for 100% of the list price. And, it was on the market for 8 days before going under contract.

Click here for the previous Sawgrass Villas market report!

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City Florida
Google Earth image

Sawgrass Villas homes for sale:

Built in 2005, the Sawgrass Villas of Palm City is one of the few newer affordable townhome-style condos in the area.  There are 52 units with two different floor plans.  All are 3 bedroom, 2 bathroom with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones.  With a rare exception, all of these townhouses have a 1 car garage.

Recent Sawgrass Villas sales:

Great location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south.

Sawgrass Villas in Palm City

The HOA fees include building maintenance and insurance, landscaping, trash pickup, Cable TV,  and exterior pest control.

Sawgrass Villas in Palm City

Live the easy maintenance and worry-free life in these solid concrete townhomes featuring Hardi-plank siding and metal roofs.

Click here to search for Sawgrass Villas 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.

Sawgrass Villas Real Estate Market Report October 2022

Maritimes Real Estate Market Report October 2022

10.08.22 by

Maritimes Real Estate Market Report October 2022

As of October 2022, there is 1 condo available for sale in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL. The list price is $695,000 which is $449.84 per sq. ft. of living area.

There are no Maritimes condos currently under contract.

There has been only 1 sale in the Maritimes in the past 12 months.  The sales price was $585,000 which equals $378.64 per sq. ft. of living area. This condo sold for 98% of the list price and was on the market for 4 days before going under contract.

Click here to view the previous Maritimes market report!

About the Maritimes on Hutchinson Island

The Maritimes on Hutchinson Island in Stuart Florida
Google Earth image

Maritimes condos for sale:

The Maritimes is one of the prime ocean-to-river communities on South Hutchinson Island in Stuart, FL.  Many units offer larger than normal residences in both River and Oceanside settings.  The riverside (or Maritimes West has a lovely private sandy beach with kayak storage for those not wishing to play in the surf or for those days when it’s a bit windy on the beachside.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

Recent Maritimes sales:

The Maritimes condos were constructed between 1975 and 1988, with the oceanfront units being built first.  Living square footage range from just under 1300 sq. ft. 2 Bedroom condos with over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.

The Maritimes on Hutchinson Island in Stuart Florida
Google Earth image
Maritimes Condos on Hutchinson Island

 Search for the Maritimes Condos and Townhomes Condos 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.

Maritimes Real Estate Market Report October 2022

St Lucie County Townhouses and Condos August 2022 Market Report

09.28.22 by

St Lucie County Townhouses and Condos August 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 28.3% from last year (were down by 34.1% in July). New pending sales were down by 28.1% for July (they were down by 14.2% last month).

Prices are still rising. The median price increased by 27.9% from last year (was up by 20.4% in July) and the average sales price increased by 22.3% (was up by 11.0% in July).

The inventory of available townhouses and condos decreased by 4 units from last month to 228 residences. This is 31.0% greater inventory than we had in August 2021. The current inventory supply is 2.1 months, as compared to 1.2 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos August 2022 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 August 2022 Market Report

Martin County Townhouses and Condos August 2022 Market Report

09.26.22 by

Martin County Townhouses and Condos August 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales for the month were down by 15.1%.  They were down by 29.1% in July.  New sales under contract (new pending sales) were down by 8.0% from last year.  They were down by 6.1% in July.

Prices continue to go up.  The median sales price increased by 47.6% (was up by 35.8% last month). While the average sales price increased by 23.1% (was up by 12.2% in July).

The inventory of available townhouses and condos increased by 13 units to 211 properties.  This is a 56.3% greater supply of inventory than we had in August 2021.  Currently, there’s a 2.1 months supply of inventory (compared to 1.1 months for August 2021).  We remain in a very extreme seller’s market 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.

Martin County Townhouses and Condos August 2022 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 August 2022 Market Report

Quail Meadow Real Estate Market Report September 2022

09.14.22 by

Quail Meadow Real Estate Market Report September 2022

There is 1 townhome currently available for sale in Quail Meadow in the Martin Downs Country Club community of Palm City FL. This home is listed for $398,000 or $299.02 per sq. ft. of living area.

There are no Quail Meadow homes currently under contract.

In the past 12 months, there have been 3 Quail Meadow home sales.  Sales prices ranged from $265,000 up to $365,000.  This is an average sales price of $323,333 which works out to $208.45 per sq. ft. of living area.  These townhomes averaged 50 days on the market before going under contract. They sold for an average of 101% of the list price.

Click here to view the previous Quail Meadow market report!

About Quail Meadow in Martin Downs

Quail Meadow in the Martin Downs Country Club
Google Earth image

Quail Meadow homes for sale:

Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhome/villas.  These are spread out in 14 buildings with 6 attached units in each building.  Quail Meadow was completed in 1983 and represents its own subdivision within the Martin Downs Country Club.  Many of these homes enjoy beautiful lake and golf course views.

Recent homes sales in Quail Meadow:

All of these homes have a 1 car garage and some are single-story villas while others are two-story style townhouses.   Sizes range from 3 bedroom, 3 bathroom homes with 1,654 sq. ft. of living area down to 2 bedroom, 2 bathroom villas with 1,331 sq. ft.

entrance to Quail Meadow in Martin Downs

The HOA fee is $308 per month. This includes a 24 manned security gate and security patrols, management fees, basic cable TV, common areas and exterior maintenance.   This is a pet-friendly community allowing up to two medium-sized pets per unit.  Rentals are also permitted with some restrictions as to frequency and duration.

front view of Quail Meadow in Martin Downs

Residents of Quail Meadow have the option of joining the golf club in Martin Downs as well as the Martin Downs sports complex.  Or, they are free to just enjoy the great location which is very close to Florida’s Turnpike and I-95 and shopping, restaurants, professional offices, and medical facilities.

Click here to see if any Quail Meadow homes are available 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.

Recent market reports:

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

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

Quail Meadow Real Estate Market Report September 2022

St Lucie County Townhouses and Condos July 2022 Market Report

08.26.22 by

St Lucie County Townhouses and Condos July 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last July. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 34.1% from last year (were down by 38.8% in June). New pending sales were down by 14.2% for June (they were down by 36.4% last month).

Prices are still rising. The median price increased by 20.4% from last year (was up by 44.8% in June) and the average sales price increased by 11.0% (was up by 28.9% in June).

The inventory of available townhouses and condos increased by 31 units from last month to 232 residences. This is 68.1% greater inventory than we had in July 2021. The current inventory supply is 2.1 months, as compared to 0.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2022 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 July 2022 Market Report

Martin County Townhouses and Condos July 2022 Market Report

08.24.22 by

Martin County Townhouses and Condos July 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last July. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales for the month were down by 29.1%.  They were down by 26.1% in June.  New sales under contract (new pending sales) were down by 6.1% from last year.  They were down by 35.4% in June.

Prices continue to go up.  The median sales price increased by 35.8% (was up by 48.4% last month). While the average sales price increased by 12.2% (was up by 40.7% in June).

The inventory of available townhouses and condos increased by 11 units to 198 properties.  This is a 51.1% greater supply of inventory than we had in July 2021.  Currently, there’s a 2.0 months supply of inventory (compared to 1.1 months for July 2021).  We remain in a very extreme seller’s market 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.

Martin County Townhouses and Condos July 2022 Market Report
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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 July 2022 Market Report

Mariner Cay Real Estate Market Report August 2022

08.10.22 by

Mariner Cay Real Estate Market Report August 2022

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

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

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

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

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

Click here to view the previous Mariner Cay market report!

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida
Google Earth image

Mariner cay homes and condos for sale:

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

Recent Mariner Cay sales:

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

Mariner Cay real estate Stuart FL

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

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

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

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

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

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

Mariner Cay Real Estate Market Report August 2022

St. Lucie County Townhouses and Condos 2022 2nd Quarter Report

08.04.22 by

St. Lucie County Townhouses and Condos 2022 2nd Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2nd Quarter of 2022.

St. Lucie County Townhouses and Condos 2022 2nd Quarter Report

For the 2nd quarter of 2022, the Saint Lucie Count townhouses and condo real estate market had weaker sales volume and higher sales prices when compared to the 2nd quarter of 2021.  The good news is that inventory is beginning to increase. The bad news is that it’s not enough yet and there are also higher prices and interest rates. This is causing a market that is in transition, though I think it will take some time and may be painful for both buyers and sellers of residential real estate before we see significant improvement.

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

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports