Search Results for: martin county single family market report

St Lucie County Townhouses and Condos July 2023 Market Report

08.26.23 by

St Lucie County Townhouses and Condos July 2023 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year though there are some encouraging pending sales numbers as well as a nice increase in sales inventory. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.1% from last year (were down by 8.9% in June). New pending sales were up by 20.4% (they were up by 20.2% last month).

Prices were up for July. The median price decreased by 9.5% from last year (was up by 11.8% in June) and the average sales price increased by 1.2% (was up by 3.7% in June).

The available townhouses and condos inventory decreased by 22 units from last month to 373 residences. This is a 114.3% greater inventory than we had in July 2022. The current inventory supply is 4.5 months, as compared to 2.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. 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 July 2023 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 2023 Market Report

St Lucie County Single Family Homes July 2023 Market Report

08.25.23 by

St Lucie County Single Family Homes July 2023 Market Report

The July 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. The inventory of homes for sale decreased in June and we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 8.4% for the month compared to last year (in June they were down by 9.4%). New sales under contract (new pending sales) decreased by 3.5% (they were down by 3.2% last month).

Prices were mixed and with very little changes for July compared to last year.  The median sales price was down by 1.8% (was down by 2.3% in June).  The average sales price was up by 0.1% (it was up by 0.6% in June).

The number of available homes for sale decreased by 84 homes to 1,219 units.  This inventory is 8.7% larger than last year.  The current supply of homes is 2.5 months (it was 2.3 months last year).  The St Lucie County single-family home market remains in 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 July 2023 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes July 2023 Market Report

Martin County Townhouses and Condos July 2023 Market Report

08.24.23 by

Martin County Townhouses and Condos July 2023 Market Report

The Martin County Townhouses and Condos real estate market showed better-closed activity than last year. Even as we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 30.8%.  They were up by 10.1% in June.  New sales under contract (new pending sales) were up by 2.2% from last year.  They were up by 35.6% in June.

Prices, also, continued to increase for July.  The median sales price increased by 2.9% (was up by 5.5% last month). And, the average sales price increased by 42.1% (was up by 8.3% in June).

The available townhouses and condos inventory decreased by 7 units to 280 properties.  This is a 55.0% greater supply of inventory than we had in July 2022.  Currently, there’s a 3.1 months supply of inventory (compared to 2.0 months for July 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. 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.

Martin County Townhouses and Condos July 2023 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 July 2023 Market Report

Mariner Cay Real Estate Market Report August 2023

08.23.23 by

Mariner Cay Real Estate Market Report August 2023

There is 1 home and no condos on the market in Mariner Cay in Stuart FL for August 2023.

The home is listed for $2,400,000 or $951.63 per sq. ft. of living area.

There is 1 Mariner Cay condo and 2 Mariner Cay homes currently under contract.

This condo had a list price of $449,900 which equals $296.96 per sq. ft. of living area.  This condo was on the market for 6 days before going under contract

The two homes were listed for $1,449,900 and $1,499,995. This is an average list price of $1,474,948 which equals $447.30 per sq. ft. of living area. These homes were on the market for an average of 178 days before going under contract

In the past 12 months, 5 Mariner Cay condos and 3 Mariner Cay single-family homes have sold.

The condo sales prices ranged from $360,000 up to $500,000.  This equals an average sales price of $424,300 which works out to $310.28 per sq. ft. of living area.  These condos averaged 52 days on the market before going under contract. And, sold for an average of 97% of the list price.

The single-family homes had sales prices ranging from $658,000 up to $3,450,000. This is an average sales price of $1,819,333 which is $578.70 per sq. ft. of living area.  These homes were on the market for an average of 111 days before going under contract. And, they sold for an average of 92% 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
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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 in Stuart Florida

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.

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 are 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
  • ATMs, banks, and grocery shopping close by
  • At least five restaurants within an easy dinghy ride
  • Boat works, one do-it-yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.
Mariner Cay in Stuart Florida
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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
Mariner Cay real estate Stuart FL

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

Search Mariner Cay Real Estate

Recent market reports:

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

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

Mariner Cay Real Estate Market Report August 2023

St Lucie County Townhouses and Condos June 2023 Market Report

07.25.23 by

St Lucie County Townhouses and Condos June 2023 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year, but also a higher pending sales value. The inventory numbers are still growing, but headwinds remain with increasing mortgage rates and other economic uncertainties. Closed sales were down by 8.9% from last year (were down by 0.8% in May). New pending sales were up by 20.2% (they were down by 6.8% last month).

Prices were mixed for June. The median price decreased by 11.8% from last year (was up by 8.9% in May) and the average sales price increased by 3.7% (was down by 0.2% in May).

The available townhouses and condos inventory increased by 20 units from last month to 395 residences. This is a 96.5% greater inventory than we had in June 2022. The current inventory supply is 4.8 months, as compared to 1.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. 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 June 2023 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 June 2023 Market Report

St Lucie County Single Family Homes June 2023 Market Report

07.24.23 by

St Lucie County Single Family Homes June 2023 Market Report

The June 2023 St Lucie County Single Family real estate market continues to show weaker sales activity when compared to last year. The inventory of homes for sale decreased in June and we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 9.4% for the month compared to last year (in May they were down by 18.3%). New sales under contract (new pending sales) decreased by 3.2% (they were down by 14.2% last month).

Prices were mostly flat or lower for June with little changes from last year.  The median sales price was down by 2.3% (was unchanged at 0.0% in May).  The average sales price was up by 0.6% (it was down by 8.4% in May).

The number of available homes for sale decreased by 36 homes to 1,135 units.  This inventory is 7.6% smaller than last year.  The current supply of homes is 2.3 months (it was 2.0 months last year).  The St Lucie County single-family home market remains in 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 June 2023 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes June 2023 Market Report

Martin County Townhouses and Condos June 2023 Market Report

07.23.23 by

Martin County Townhouses and Condos June 2023 Market Report

The Martin County Townhouses and Condos real estate market had improved sales activity when compared to last year. The inventory numbers are rising, but we are still facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 10.1%.  They were down by 15.9% in May.  New sales under contract (new pending sales) were up by 35.6% from last year.  They were down by 19.0% in May.

Prices, also, continued to increase for June.  The median sales price increased by 5.5% (was up by 5.2% last month). While the average sales price increased by 8.3% (was up by 0.4% in May).

The available townhouses and condos inventory decreased by 12 units to 287 properties.  This is a 53.5% greater supply of inventory than we had in June 2022.  Currently, there’s a 3.3 months supply of inventory (compared to 1.8 months for June 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. 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.

Martin County Townhouses and Condos July 2023 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 June 2023 Market Report

Florida Townhouses and Condos June 2023 Market Report

07.21.23 by

Florida Townhouses and Condos June 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 11.0% compared to last month’s decrease of 14.1%.  New sales under contract (new pending sales) decreased by 3.6% (In May, there was an 11.9% decrease).

Prices were mostly flat or lower for June with little changes from last year. The median sales price was unchanged for June (was up by 0.9% in May). And the average sales price decreased by 1.9% (was down 1.9% in May).

The inventory of active listings increased by 40.5% from June last year.  This results in 3.6 months supply of inventory as compared to 1.9 months for June 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  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.

Florida Townhouses and Condos June 2023 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 June 2023 Market Report

Florida Single Family Homes June 2023 Market Report

07.20.23 by

Florida Single Family Homes June 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are rising (though at a reduced rate from previous months). we continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.9% (were down by 8.5% in May). New sales under contract (new pending sales) were down by 3.2% (were down by 9.1% in May).

Prices were mostly flat or lower for June with little changes from last year.  The (year-to-year) median sales price was unchanged at 0.0% (it was also unchanged at 0.0% in May). And, the average sales price was down by 0.9% (it was down by 0.2% last month).

The inventory of available homes for sale increased by 13.8% from last year.  This represents a 2.8 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (June 2022 had a 1.9 months supply)  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.

Previous Florida real estate market report posts.

Florida Single Family Homes June 2023 Market Report
Download/View the full report
Recent Florida 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.

Florida Single Family Homes June 2023 Market Report

 

The Florida Club Real Estate Market Report July 2023

07.16.23 by

The Florida Club Real Estate Market Report July 2023

As of July 2023, there is only 1 Florida Club home for sale in Stuart FL. The list price is $729,000 or $302.36 per sq. ft. of living area.

There are 5 Florida Club homes under contract and awaiting closing at this time. The list prices ranged from $409,900 up to $799,990. This is an average list price of $595,758 which works out to $290.82 per sq. ft. of living area. These homes were on the market for an average of 67 days before going under contract.

In the past 12 months, 31 Florida Club homes have sold. Sales prices ranged from $380,000 up to $860,000. This is an average sales price of $560,416 which equals $293.21 per square foot of living area. These homes were on the market for an average of 35 days before going under contract. And, sold for an average of 98% of the list price.

Click here to view the previous Florida Club market report!

About the Florida Club:

The Florida Club in Stuart Florida
Google Earth image

Florida Club homes for sale:

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta-built golf club community located off Kanner Highway within minutes of I-95. This non-equity golf club community consists of 433 homes. 113 homes in the estate’s section of the Florida Club featuring larger lots and spacious estate-sized homes. Many with both lake or golf course views and a few with both. The remaining Florida Club homes feature either single-family or attached one-story villas, many also with golf course and/or lake views. Residents of the Florida Club can enjoy daily golf or if they wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership. Additionally, for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

The Florida Club in Stuart Florida
Google Earth image

Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

Recent Florida Club sales:

The Martin County location ensures low property taxes and an A-rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

The Florida Club in Stuart Florida
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The monthly homeowners association fees are $230.00 to $260.00 depending on the section the home is located in. There is also a one-time capital contribution of $600.00 charged for all home buyers. For more information about golf at the Florida Club July 2020 Market Report please visit their website: Florida Club Web Site.

The Florida Club in Stuart

Search links:

Search for all Florida Club Homes for Sale in Stuart Florida

Florida Club Homes for Sale in Stuart Florida

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

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

The Florida Club Real Estate Market Report July 2023

Summerfield Real Estate Market Report July 2023

07.13.23 by

Summerfield Real Estate Market Report July 2023

As of July 2023, there are 2 homes on the market in the Summerfield community in Martin County Florida. The list prices are $459,000 and $565,000. This is an average list price of $512,000 or $310.55 per square foot of living area.

There are 3 homes under contract at this time. The list prices ranged from $440,000 up to $589,900. This is an average list price of $529,633 which is $279.86 per square foot of living area. These homes were on the market for an average of 84 days prior to going under contract.

In the past 12 months, 20 Summerfield homes have sold. Sales prices ranged from $400,000 up to $860,000. This works out to an average sales price of $573,015 which equals $286.17 per square foot of living area. These homes averaged 32 days on the market before going under contract. And, the sales prices averaged 97% of the last list price.

Click here to view the previous Summerfield market report

About Summerfield the Home of the Champions Golf Club:

Summerfield in Stuart Florida
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Summerfield homes for sale:

Summerfield is located on over 275 acres. It is the host of a little over 500 single-family homes adjoining the Champions Golf Course. Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995.  It is also the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty. This Tom Fazio-designed course is open to the public with very reasonable membership fees. Please visit the Champions Course website for more information at http://www.thechampionsgolfclub.com/

Summerfield in Stuart Florida
Google Earth image

The residential section is known as Summerfield  It is a secured gated community with homes ranging in size from smaller 2-bedroom coach homes of around 1500 square feet up to 5-bedroom estate homes boasting over 3,000 square feet of living area.

Recent sales in Summerfield:

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities.  It also has a fitness center and a professional 6-court Tennis club. All of these amenities are available at a very reasonable HOA fee of $130.00 a month, along with the convenience of an on-site manager to handle any issues that may arise.

Summerfield in Stuart Florida
Google Earth image

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, and medical facilities with downtown Stuart only minutes away and only 30 minutes to the Palm Beaches. Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

Summerfield homes for sale 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.

Summerfield Real Estate Market Report July 2023

St Lucie County Single Family Homes May 2023 Market Report

06.26.23 by

St Lucie County Single Family Homes May 2023 Market Report

The May 2023 St Lucie County Single Family real estate market continues to show weaker sales activity when compared to last year. The inventory numbers are growing slowly, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 18.3% for the month compared to last year (in April they were down by 21.8%). New sales under contract (new pending sales) decreased by 14.2% (they were down by 13.7% last month).

Prices were mostly down for May, though only modestly.  The median sales price was unchanged at 0.0% (was also unchanged at 0.0% in April).  The average sales price was down by 8.4% (it was up by 0.5% in April).

The number of available home listings decreased by 124 homes to 1,171 units.  This inventory is 41.3% greater than last year.  The current supply of homes is 2.4 months (it was 1.3 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

St Lucie County Single Family Homes May 2023 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes May 2023 Market Report

Florida Single Family Homes May 2023 Market Report

06.22.23 by

Florida Single Family Homes May 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are rising (though at a reduced rate from previous months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 8.5% (were down by 17.2% in April). New sales under contract (new pending sales) were down by 9.1% (were down by 7.6% in April).

Prices were mostly flat for May with little changes from last year.  The (year-to-year) median sales price was unchanged at 0.0% (it was also unchanged at 0.0% in April). And, the average sales price was down by 0.2% (it was down by 3.6% last month).

The inventory of available homes for sale increased by 46.7% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (May 2022 had a 1.4 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes May 2023 Market Report
Download/View the full report
Recent Florida 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.

Florida Single Family Homes May 2023 Market Report

 

Sunset Trace Real Estate Market Report June 2023

06.06.23 by

Sunset Trace Real Estate Market Report June 2023

As of June 2023, there are 6 Sunset Trace homes for sale in Palm City FL.  The list prices range from $249,900 up to $289,000. This equals an average list price of $330,680 which is $254.06 per sq. ft. of living area.

There are 7 Sunset Trace homes currently under contract.  The list prices ranged from $259,000 up to $380,000.  This works out to an average list price of $303,257 which equals $237.42 per sq. ft. of living area.  These homes were on the market for an average of 60 days prior to going under contract.

In the past 12 months, 39 Sunset Trace homes have sold.  Sales prices ranged from a low of $215,000 up to $372,000.  This equals an average sales price of $293,136 or $223.17 per sq. ft. of living area.  These homes sold for an average of 99% of the list price. And, they were on the market for an average of 23 days before going under contract.

Click here to view the previous Sunset Trace market report!

About Sunset Trace in Palm City FL:

Sunset Trace at Martin Downs in Palm City Florida
Google Earth image
Sunset Trace homes for sale:

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  Only a 15-minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

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

Recently sold Sunset Trave homes:

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

Sunset Trace at Martin Downs in Palm City Florida
Sunset Trace real estate in Palm City FL
Sunset Trace Townhouse

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

Sunset Trace Townhouse
Sunset Trace in Palm City FL

Search here for Sunset Trace homes for sale

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

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

Sunset Trace Real Estate Market Report June 2023

Martin County Townhouses and Condos 2023 1st Quarter Report

05.27.23 by

Martin County Townhouses and Condos 2023 1st 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 2023 1st Quarter Report

For the Martin County townhouses and condos real estate market, a continued trend of reduced sales volume.  Prices were mixed for the quarter and the inventory is continuing to increase, but it is not bringing in more buyers to date.  Compared to the other areas I track; the Martin County single-family real estate market still outperforms most areas locally and nationwide. I doubt we will see any improvement until either interest rates or prices begin to go down—hopefully, both.

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 2023 1st Quarter Report

Martin County Single Family Homes 2023 1st Quarter Report

05.26.23 by

Martin County Single Family Homes 2023 1st 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 2023 1st Quarter Report

The Martin County single-family home real estate market continued the trend of reduced sales volume. Prices were mixed for the quarter and the inventory is continuing to increase, but it is not bringing in more buyers to date.  Compared to the other areas I track, the Martin County single-family real estate market still outperforms most areas locally and nationwide. I doubt we will see any improvement until either interest rates or prices begin to go down—hopefully, both.

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 2023 1st Quarter Report

Oakbrooke Estates May 2023 Market Report

05.24.23 by

Oakbrooke Estates May 2023 Market Report

For May 2023, there are no homes for sale in the Oakbrooke Estates community of Palm City in Martin County.

There are also no Oakbrooke Estates homes currently under contract.

In the past 12 months, 5 Oakbrooke Estates homes have sold.  Sales prices ranged from $750,000 up to $970,000.  This works out to an average sales price of $819,086 or $277.40 per sq. ft. of living area.  These homes sold for an average of 100% of the list price. And, they went under contract in an average of 14 days after being listed.

Click here to view previous Oakbrooke Estates market reports!

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City Florida
Google Earth image

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

Oakbrooke Estates real estate in Palm City Florida
Google Earth image

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

Recent Oakbrooke Estates home sales:

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

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

Oakbrooke Estates real estate in Palm City FL

Check here to see if any Oakbrooke estates homes are available for sale

Search for Oakbrooke Estates homes for sale in Palm City 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.

Oakbrooke Estates May 2023 Market Report

St Lucie County Single Family Homes April 2023 Market Report

05.22.23 by

St Lucie County Single Family Homes April 2023 Market Report

The April 2023 St Lucie County Single Family real estate market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 21.8% for the month compared to last year (in March they were down by 23.9%). New sales under contract (new pending sales) decreased by 13.7% (they were down by 15.1% last month).

Prices rose for April, though at a very slim rate.  The median sales price was unchanged at 0.0% (was up by 1.4% in March).  The average sales price was up by 0.5% (it was up by 2.6% in March).

The number of available home listings decreased by 134 homes to 1,295 units.  This inventory is 91.0% greater than last year.  The current supply of homes is 2.6 months (it was 1.1 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

St Lucie County Single Family Homes April 2023 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes April 2023 Market Report

Florida Single Family Homes April 2023 Market Report

05.18.23 by

Florida Single Family Homes April 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year. The inventory numbers are rising (though at a reduced rate from previous months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 17.2% (were down by 15.0% in March). New sales under contract (new pending sales) were down by 7.6% (were down by 12.0% in March).

Prices were mostly down for April.  The (year-to-year) median sales price was unchanged at 0.0% (it was up by 2.1% in March). And, the average sales price was down by 3.6% (it was down by 2.1% last month).

The inventory of available homes for sale increased by 80.2% from last year.  This represents a 2.6 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (April 2022 had a 1.1 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Previous Florida real estate market report posts.

April 2023 Florida Single Family Homes Market Report
Download/View the full report
Recent Florida 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.

Florida Single Family Homes April 2023 Market Report

 

Conquistador Real Estate Market Report May 2023

05.17.23 by

Conquistador Real Estate Market Report May 2023

Homes:  There is 1 home currently on the market in Conquistador Estates. The list price is $599,900 or $320.12 per sq. ft. of living area.

There are no Conquistador homes currently under contract.

5 Conquistador homes have sold in the past 12 months. The sales prices ranged from $320,000 up to $545,000. This works out to an average sales price of $472,000 which is $256.16 per sq. ft. of living area. These homes averaged 20 days on the market before going under contract. And, they sold for an average of 94% of the list price.

Condos: There are currently 9 condos for sale in Conquistador.  The list prices range from $197,000 up to $299,900. This is an average list price of $245,866 or $238.77 per sq. ft. of living area.

There are 2 Conquistador condos under contract at this time. The list prices were $275,000 and $305,000. This is an average list price of $290,000 which works out to $264.88 per sq. ft. of living area. These condos averaged 37 days on the market before going under contract.

In the past 12 months, 19 Conquistador condos have sold.  Sales prices ranged from $166,000 up to $300,000.  The average sales price was $251,179 which equals $237.00 per sq. ft. of living area. These sales averaged 98% of the list price. And, they went under contract in an average of 49 days after being listed.

Click here to view the previous Conquistador market report!

About Conquistador Homes and Condos in Stuart FL:

Conquistador in Stuart Florida

Conquistador homes and condos for sale:

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

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

Conquistador 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 May 2023