Search Results for: martin county single family market report

Sewalls Point Single Family Market Report June 2019

07.15.19 by

Sewalls Point Single Family Market Report June 2019

Sewalls Point Real Estate Snapshot, Residential Sales for June 2019

There are currently 58 active listings (Up by 5 homes from last month)

Sewalls Point Single Family Market Report June 2019

12 home sales are pending and awaiting close or lender approval (Up by 2 homes from May)

Sewalls Point Single Family Market Report June 2019

7 Homes sold in May (Decreased by 6 homes from May)

Sewalls Point Single Family Market Report June 2019

The single-family real estate market in Sewalls Point had a nice increase in inventory as well as an increase in pending sales.  Closed sales, unfortunately, were off for this month.

The absorption rate jumped up to 8.3 months, in May it was 4.1 months.  Transitioning back into a buyer’s market for the Sewalls Point single family home market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to June 2018, the inventory was 46 homes on the market, 10 pending sales and there were 6 closed sales.  Slightly greater activity this year when compared to last year but there are more homes available for sale this year.

Sewalls Point Single Family Market Report June 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

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

Sewalls Point Single Family Market Report June 2019

 

St Lucie County Single Family Homes May 2019 Market Report

07.11.19 by

St Lucie County Single Family Homes May 2019 Market Report

St Lucie County Single Family Homes May 2019 Market Report had improved sales activity when compared to last year. Closed sales were up by 1.8% (in April they were up by 2.1%) and new sales under contract (new pending sales) increased by 5.7% (they were up by 10.5% last month).

Prices were also up for the month.  The median sales price was up by 4.9% (was up by 5.1% in April).  The average sales price was up by 0.7% (it was down by 3.9% in April).

The number of available home listings decreased by 25 homes to 1,942 homes.  This inventory is still 22.1% higher than last year.  The current supply of homes is 4.3 months (it was 3.5 months last year).  The St Lucie County single family home market remains in a quite strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes May 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes May 2019 Market Report

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

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

St Lucie County Single Family Homes May 2019 Market Report

Florida Single Family Homes May 2019 Market Report

07.05.19 by

Florida Single Family Homes May 2019 Market Report

The Florida Single Family Homes Market Report for April 2019 showed continued improvement for sales volume when compared to last year.  The closed sales numbers were up by 9.6% (were up by 6.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were up by 4.4% in April).

Prices were also up for May.  The median sales price rose by 4.3% (it was up by 2.6% in April) and the average sales price rose by 2.6% (it was down by 0.2% last month).

The inventory of available homes for sale increased by 4.0% from last year.  This is a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (May 2018 also had a 4.0 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes May 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes May 2019 Market Report

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

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

May 2019 Florida Single Family Homes Market Report

Sunset Trace Palm City June 2019 Market Report

06.28.19 by

Sunset Trace Palm City June 2019 Market Report

As of June 2019, there are 6 homes for sale in Sunset Trace.  These homes have list prices from $152,900 up to $259,900.  This is an average list price of $180,367 or $136.23 per square foot of living area.

There are 4 homes under contract and awaiting settlement.  The list prices ranged from $169,900 up to $209,000.  This works out to an average list price of $184,450 which equals $135.72 per sq. ft. of living area.  These homes were on the market for an average of 35 days prior to going under contract.

In the past 12 months, 48 homes have sold in Sunset Trace.  Sales prices ranged from a low of $135,000 up to $220,000.  This equals an average sales price of $164,755 or $124.69 per sq. ft. of living area.  These homes sold for an average of 97% of list price and went under contract in an average of 38 days of being on the market.

 About Sunset Trace in Palm City FL:

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.  And 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 is a DiVosta community of approximately 500 residences.  There are four types of homes in this community.   DiVosta quad townhomes which 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.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, 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.

All ages are welcome in Sunset Trace and 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.

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City June 2019 Market Report

River Watch on Hutchinson Island June 2019 Market Report

06.25.19 by

River Watch on Hutchinson Island June 2019 Market Report

In June 2019, there are 2 homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.  The list prices of these homes are $489,000 and $550,000.  This is an average list price of $519,500 which works out to $332.35 per sq. ft. of living area.

There aren’t any homes currently under contract.

In the past 12 months, only 1 River Watch home has sold.  The sales price was $285,000 which equals $205.04 per sq. ft. of living area.  This home was on the market for 151 days before going under contract and sold for 98% of list price.

About River Watch on Hutchinson Island:

River Watch on Hutchinson Island

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch.  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 and your very own private dock and access to the Intracoastal Waterway which is also known as the Indian River.  There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

River Watch on Hutchinson Island

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

River Watch on Hutchinson Island River Watch on Hutchinson Island

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply 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 $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2019).

River Watch on Hutchinson Island River Watch on Hutchinson Island

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to 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 on Hutchinson Island June 2019 Market Report

Sewalls Point Single Family Market Report May 2019

06.17.19 by

Sewalls Point Single Family Market Report May 2019

Sewalls Point Real Estate Snapshot, Residential Sales for May 2019

There are currently 53 active listings (Down by 8 homes from last month)

Sewalls Point Single Family Market Report May 2019

10 home sales are pending and awaiting close or lender approval (Down by 7 home from April)

Sewalls Point Single Family Market Report May 2019

13 Homes sold in April (Decreased by 1 home from April)

Sewalls Point Single Family Market Report May 2019

The single-family real estate market in Sewalls Point continues with strong sales activity.  The inventory has now dropped to lower than the desirable number of homes on the market.  This may negatively impact sales numbers in the near future.

The absorption rate dropped to 4.1 months, in April it was 4.4 months.  Remaining in a seller’s market for the Sewalls Point single family home market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to May 2018, the inventory was 51 homes on the market, 12 pending sales and there were 7 closed sales.  Pretty similar results when compared to last year.  Slightly higher closed sales this year while pending sales were a bit better last year.

Sewalls Point Single Family Market Report May 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

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

Sewalls Point Single Family Market Report May 2019

 

St Lucie County Single Family Homes April 2019 Market Report

06.13.19 by

St Lucie County Single Family Homes April 2019 Market Report

St Lucie County Single Family Homes April 2019 Market Report had improved sales activity when compared to last year and last month. Closed sales were up by 2.1% (in March they were up by 1.6%) and new sales under contract (new pending sales) increased by 10.5% (they were down by 9.7% last month).

Prices were also up for the month.  The median sales price was up by 5.1% (was up by 4.3% in March).  The average sales price was up by 3.9% (it was down by 1.4% in March).

The number of available home listings decreased by 37 homes to 1,967 homes.  This inventory is still 21.0% higher than last year.  The current supply of homes is 4.3 months (it was 3.5 months last year).  The St Lucie County single family home market remains in a quite strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes April 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes April 2019 Market Report

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

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

St Lucie County Single Family Homes April 2019 Market Report

Florida Single Family Homes April 2019 Market Report

06.07.19 by

Florida Single Family Homes April 2019 Market Report

The Florida Single Family Homes Market Report for March 2019 showed continued improvement for sales volume when compared to last year.  The closed sales were up by 6.2% (were unchanged in March) and new sales under contract (new pending sales) were up by 4.4% (were up by 2.6% in March).

Prices were mixed for April.  The median sales price rose by 2.6% (it was up by 2.0% in March) and the average sales prices dropped by 0.2% (it was down by 1.4% last month).

The inventory of available homes for sale increased by 6.6% from last year.  This is a 4.1 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (April 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes April 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes April 2019 Market Report

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

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

April 2019 Florida Single Family Homes Market Report

Martin County Single Family Homes 2019 1’st Quarter Report

06.03.19 by

Martin County Single Family Homes 2019 1’st Quarter Report

Click the image below to view the full details of the Martin County single-family homes market report data as reported by Martin County Realtor for the 1’st Quarter 2019.

Martin County Single Family Homes 2019 1'st Quarter Report

The Martin County single family home market showed slower sales volume when compared to the first quarter of 2018, last year.   Prices, on the other hand, continued to rise.  Though, it remains an active market.

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

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2019 1’st Quarter Report

River Marina May 2019 Market Report

05.27.19 by

River Marina May 2019 Market Report

For May 2019, there are 9 homes and townhomes available for sale in River Marina in Stuart FL.  2 of these are single family homes and 7 are townhomes and range in price from $219,900 up to $509,900 for an average price of $271,189 or $149.71 per sq. ft. of living area.

There is only 1 townhome currently under contract.  The list price was $223,000 which equals $138.68 per sq. ft. of living area.  This homes went under contract 26 days after going on the market.

In the past 12 months, 24 homes have sold in River Marina (5 single family homes and 19 townhomes).  Sales prices ranged from $185,000 up to $360,000.  The average sales price was $242,913 which works out to $140.14 per sq. ft. of living area.  These homes sold on average for 97% of the listing price and were under contract in an average of 39 days on the market.

About River Marina in Stuart FL:

River Marina in Stuart FL

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 Stuart FL

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.

River Marina in Stuart FL

New townhomes feature 3 bedrooms, 2 and 1/2 bathrooms and a single car garage with granite counter tops 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 Stuart FL

Search for homes and townhomes for sale in River Marina

Presented by: Gabe Sanders

Residential Homes, Condos and Land

Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

River Marina in Stuart FL

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River Marina May 2019 Market Report

Conquistador Homes and Condos Market Report May 2019

05.18.19 by

Conquistador Homes and Condos Market Report May 2019

Homes:  There is `1 home currently on the market in Conquistador Estates.  The list price is $359,000 which is $225.79 per sq. ft. of living area.

There is one home currently under contract.  The list price was $285,000 which works out to $152.41 per sq. ft. of living area.  This home was on the market for 115 days prior to going under contract.

In the past 12 months, there have been 8 homes sold in Conquistador Estates.  The sales prices ranged from $235,000 up to $395,000.  This is an average sales price of $307,250 which works out to $165.04 per sq. ft. of living area.  These homes were on the market for an average of 49 days prior to going under contract and sold for an average of 95% of the listed price.

Condos: There are currently 4 condos for sale in Conquistador.  Listing prices start at $130,000 and go up to $199,000.  The average list price is $162,725 which equals $145.69 per sq. ft. of living area.

4 Condos are under contract awaiting settlement.  List prices ranged from $99,900 up to $185,900 for an average of $139,575 which works out to $130.89 per sq. ft. of living area.  These condos were on the market for an average of 31 days prior to going under contract.

In the past 12 months, 21 condos have sold in Conquistador.  Sales prices ranged from $90,000 up to $175,000.  The average sales price was $138,900 which equals $128.74 per sq. ft. of living area. These sales averaged a 96% list to sales ratio as well as going under contract in an average of 48 days after being listed.

About Conquistador Homes and Condos in Stuart FL:

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

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

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

Search for available Homes in Conquistador

Search for available Condos in Conquistador

 For any questions you November have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Conquistador Homes and Condos Market Report May 2019

Sewalls Point Single Family Market Report April 2019

05.13.19 by

Sewalls Point Single Family Market Report April 2019

Sewalls Point Real Estate Snapshot, Residential Sales for April 2019

There are currently 61 active listings (Down by 11 homes from last month)

Sewalls Point Single Family Market Report April 2019

17 home sales are pending and awaiting close or lender approval (Up by 1 home from March)

Sewalls Point Single Family Market Report April 2019

14 Homes sold in March (Increased by 7 homes from March)

Sewalls Point Single Family Market Report April 2019

The single-family real estate market in Sewalls Point had a strong month with increases in pending and closed sales.  The inventory has also dropped to be more in line with past historical levels.

The absorption rate dropped to 4.4 months, in March it was 10.3 months.  Dipping into a strong seller’s market for Sewalls Point FL for the first time in quite a while.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to April 2018, the inventory was 50 homes on the market, 12 pending sales and there were 10 closed sales.  Better activity this year for Sewalls point.

Sewalls Point Single Family Market Report April 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
the Gabe Sanders real estate team

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

Sewalls Point Single Family Market Report April 2019

 

Oakbrooke Estates May 2019 Market Report

05.12.19 by

Oakbrooke Estates May 2019 Market Report

As of May 2019, there is 1 home for sale in the Oakbrooke Estates community of Palm City in Martin County Florida.  The list price is $439,900 which is $182.46 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 4 Oakbrooke Estates homes have sold.  Sales prices ranged from $420,000 up to $535,000.  This works out to an average sales price of $481,250 or $148.36 per sq. ft. of living area.  These homes sold for an average of 97% of list price and went under contract in an average of 63 days after being listed.

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City FL

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

Oakbrooke Estates in Palm City FL

Oakbrooke Estates real estate in Palm City FL

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 of $180 cover the common areas, security gate, trash pickup, and basic cable TV.

Oakbrooke Estates real estate in Palm City FL

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

Oakbrooke Estates real estate in Palm City FL

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

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

Oakbrooke Estates May 2019 Market Report

St Lucie County Single Family Homes March 2019 Market Report

05.09.19 by

St Lucie County Single Family Homes March 2019 Market Report

St Lucie County Single Family Homes March 2019 Market Report had mixed sales activity when compared to last year. Closed sales were up by 1.6% (in February they were down by 7.8%) and new sales under contract (new pending sales) decreased by 9.7% (they were down by 4.6% last month).

Prices were also mixed for the month.  The median sales price was up by 4.3% (was up by 9.6% in February).  The average sales price was down by 1.4% (it was up by 6.4% in February).

The number of available home listings decreased by 67 homes to 2,104 homes.  This inventory is 27.6% higher than last year.  The current supply of homes is 4.6 months (it was 3.6 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes March 2019 Market Report

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

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

St Lucie County Single Family Homes March 2019 Market Report

Coral Lakes May 2019 Market Report

05.03.19 by

Coral Lakes May 2019 Market Report

For May 2019 there is only 1 home available for sale in Coral Lakes in Stuart FL.  This home is listed for $599,999 which is equal to $131.29 per sq. ft. of living area.

There is also 1 home currently under contract in Coral Lakes.  This home was listed for $465,000 or $186.82 per sq. ft. of living area and was on the market for 64 days before going under contract.

8 homes have sold in the past 12 months in Coral Lakes.  These homes sold for prices ranging from $335,000 up to $445,000.  This equals an average sales price of $388,000 which works out to $178.41 per sq. ft. of living area. These homes were on the market for an average of 113 days before going under contract and sold for 97% of the list price.

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart FL

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

Coral Lakes in Stuart FL

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

Coral Lakes in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates, and management (as of March 2019).  Many homes have private pools in these spacious single family home sites as well as other much-desired amenities.

Coral Lakes in Stuart FL

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 Coral Lakes real estate in Stuart FL

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

Check here to see which Coral Lakes homes are available for sale.

Coral Lakes May 2019 Market Report

Florida Single Family Homes March 2019 Market Report

05.02.19 by

Florida Single Family Homes March 2019 Market Report

The Florida Single Family Homes Market Report for February 2019 showed little change in sales volume when compared to last year.  The closed sales were unchanged (were up by 1.9% in February) and new sales under contract (new pending sales) were up by 2.6% (were unchanged in February).

Prices were mixed for March.  The median sales price rose by 2.0% (it was up by 1.3% in February) and the average sales prices dropped by 1.4% (it was down by 0.4% last month).

The inventory of available homes for sale increased by 9.6% from last year.  This is a 4.2 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (March 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes March 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes March 2019 Market Report

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

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

March 2019 Florida Single Family Homes Market Report

St Lucie County Single Family Homes February 2019 Market Report

04.10.19 by

St Lucie County Single Family Homes February 2019 Market Report

St Lucie County Single Family Homes February 2019 Market Report had weaker sales activity when compared to last year. Closed sales were down by 7.8% (in January they were down by 11.8%) and new sales under contract (new pending sales) decreased by 4.6% (they were also down by 4.6% last month).

Prices. though, continued to rise, though at a more sustainable pace.  The median sales price was up by 9.6% (was up by 5.4% in January).  The average sales price was up by 6.4% (it was up by 5.0% in January).

The number of available home listings decreased by 3 homes to 2,171 homes.  This inventory is 22.8% higher than last year.  The current supply of homes is 4.8 months (it was 3.8 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes February 2019 Market Report

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

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

St Lucie County Single Family Homes February 2019 Market Report

Florida Single Family Homes February 2019 Market Report

04.04.19 by

Florida Single Family Homes February 2019 Market Report

The Florida Single Family Homes Market Report for January 2019 produced slightly stronger sales activity when compared to last year.  The closed sales were up by 1.9% (were down by 6.2% in January) and new sales under contract (new pending sales) were unchanged  (were down by 2.4% in January).

Prices were mixed for February.  The median sales price rose by 1.3% (it was up by 4.1% in January) and the average sales prices dropped by 0.4% (it was up by 4.1% last month).

The inventory of available homes for sale increased by 11.8% from last year.  This is a 4.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

February 2019 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes February 2019 Market Report

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

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

February 2019 Florida Single Family Homes Market Report

Martins Crossing Real Estate Market Report March 2019

03.26.19 by

Martins Crossing Real Estate Market Report March 2019

There are currently 7 homes for sale in Martins Crossing.  Prices range from $199,900 up to $423,000.  This is an average list price of $281,900 which equals $145.42 per sq. ft. of living area.

There are 5 homes under contract.  List prices were from $204,900 up to $385,000.  This equals an average list price of $295,360 which is $144.92 per sq. ft. of living area.  These homes went under contract in an average of  71 days.

In the past twelve months, 34 homes have sold in Martins Crossing.  Sales prices ranged from a low of $177,000 to a high of $415,000.  This equals an average sales price of $279,592 which equates to $144.68 per sq. ft. of living area.  These homes sold at an average of 97% of list price and were under contract in an average of 34 days.

About Martins Crossing in Stuart FL:

Martins Crossing real estate in Stuart FL

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing Real Estate Market Report March 2019, boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

 Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report March 2019 community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report March 2019 is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

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Martins Crossing Real Estate Market Report March 2019

The Meadows Palm City March 2019 Market Report

03.24.19 by

The Meadows Palm City March 2019 Market Report

There are currently 12 homes for sale in the Meadows in Palm City FL.  List prices range from $175,900 up to $399,900.  This is an average list price of $307,142 which equals $179.81 per sq. ft. of living area.

There are currently 4 homes under contract in the Meadows.  These homes were listed from $179,900 up to $449,900.  This is an average list price of $320,200 which is $172.13 per sq. ft. of living area.  These homes averaged 39 days on the market before going under contract.

In the past 12 months, there have been 29 sales in the Meadows.  Sales prices ranged from a low of $140,000 up to $382,250.  This is an average sales price of $249,153 or $156.51 per sq. ft. of living area.  These homes went under contract in an average of 33 days and sold for an average of 96% of their final list price.

About The Meadows Homes in Palm City Florida:

The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6  distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

The Meadows is a guard gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Homebuilding (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

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The Meadows Palm City March 2019 Market Report