Search Results for: martin county single family market report

Florida Single Family Homes March 2024 Market Report

04.18.24 by

Florida Single Family Homes March 2024 Market Report

The Florida Single Family Home real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were down by 10.4% (were up by 2.2% in February). New sales under contract (new pending sales) were down by 3.0% (were down by 0.3% in February).

Prices increased for March when compared to last year.  The (year-to-year) median sales price was up by 3.9% (it was up by 5.1% in February). And, the average sales price was up by 10.1% (it was up by 5.7% last month).

The inventory of available homes for sale increased by 40.5% from last year.  This represents a 4.1-month supply of inventory (March 2023 had a 2.7-month supply). Florida remains in a seller’s market with the advantage to sellers. 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 March 2024 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 March 2024 Market Report

 

The Estuary Real Estate Market Report April 2024

04.10.24 by

The Estuary Real Estate Market Report April 2024

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2024 real estate market report for this gated community:

Homes

There are no homes currently available for sale in the Estuary.

There are also no Estuary homes currently under contract.

In the past 12 months, 4 Estuary homes have sold.  Sales prices ranged from $515,000 up to $1,120,000.  This equals an average sales price of $677,000 which works out to $324.69 per sq. ft. of living area. These homes sold for an average of 96% of the list price. And, went under contract in an average of 69 days.

Condos

There is 1 condo currently for sale in the Estuary. The list price is $277,900 which is $269.81 per sq. ft. of living area.

There are 2 Estuary condos currently under contract. The list prices were $249,999 and $269,900. This works out to an average list price of $259,950 or $259,950 per sq. ft. of living space. These condos were on the market for an average of 20 days before going under contract.

In the past 12 months, 6 Estuary condos have sold.  Sales prices ranged from $245,000 up to $495,000.  This equals an average sales price of $307,250 which works out to $267.88 per sq. ft. of living area.  These condos averaged 51 days on the market before going under contract. And, sold for an average of 93% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

The Estuary of Stuart Florida, located in North Stuart, Florida, and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980s vintage homes, to newer villas as well as waterfront homes with deep water docks.


The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

The Estuary real estate in Stuart FL

Different sections of the Estuary include well-appointed 2 and 3-bedroom condos with pool and lake views.  A select number of condos have mile-wide river views of the Saint Lucie River.  An inland section of varying styles, sizes, and shapes of homes built from the early 1980s and also called River Shores Plantation. 

The Estuary real estate in Stuart FL

In 2002, a section of the Estuary was added with villas and smaller single-family homes on Tillia Trail with their own community pool.  Larger single-family homes were also added at this time along Estuary Court, Plumbago Trail, and the western section of NW 21st Terrace.  This section also boasts a community dock suitable for good-sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

The Estuary real estate search in Stuart FL

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.

The Estuary Real Estate Market Report April 2024

St Lucie County Townhouses and Condos February 2024 Market Report

03.28.24 by

St Lucie County Townhouses and Condos February 2024 Market Report

The St Lucie County Townhouses and Condos market showed stronger sales activity when compared to last year. Even as we face headwinds with economic uncertainties, at least mortgage rates may have peaked and begun to decrease. Closed sales were up by 35.8% from last year (were down by 7.1% in January). New pending sales were up by 26.6% (they were down by 6.2% last month).

Prices were mixed for February. The median price decreased by 3.4% from last year (was up by 8.0% in January) and the average sales price increased by 20.0% (was up by 21.8% in January).

The available townhouses and condos inventory increased by 8 units from last month to 642 residences. This is a 60.9% greater inventory than we had in February 2023. The current inventory supply is 7.3 months, as compared to 4.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its third month of a balanced market, and now approaching a seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos February 2024 Market Report

St Lucie County Single Family Homes February 2024 Market Report

03.27.24 by

St Lucie County Single Family Homes February 2024 Market Report

The February 2024 St Lucie County Single Family real estate market showed slightly improved sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were up by 1.4% for the month compared to last year (in January they were down by 20.7%). New sales under contract (new pending sales) decreased by 3.6% (they were down by 14.7% last month).

Prices were higher for February when compared to last year.  The median sales price was up by 5.4% (was up by 5.9% in January).  The average sales price was up by 11.1% (it was up by 9.4% in January).

The number of available homes for sale increased by 56 homes to 1,949 units.  This inventory is 21.9% greater than last year.  The current supply of homes is 4.2 months (it was 3.0 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 months 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 February 2024 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes February 2024 Market Report

Martin County Townhouses and Condos February 2024 Market Report

03.26.24 by

Martin County Townhouses and Condos February 2024 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 2.4%.  They were up by 22.0% in January.  New sales under contract (new pending sales) were unchanged from last year.  They were down by 12.2% in January.

Prices were down for February.  The median sales price decreased by 6.8% (was down by 11.1% last month). And, the average sales price decreased by 0.5% (was down by 11.0% in January).

The available townhouses and condos inventory increased by 40 units to 548 properties.  This is a 77.9% greater supply of inventory than we had in February 2023.  Currently, there’s a 6.3 months supply of inventory (compared to 3.6 months for February 2023).  We’ve re-entered a balanced 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.

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

Martin County Townhouses and Condos February 2024 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 February 2024 Market Report

Martins Crossing Real Estate Market Report March 2024

03.26.24 by

Martins Crossing Real Estate Market Report March 2024

For March 2024 there are 3 homes available for sale in Martins Crossing in Stuart FL.  The list prices range from $455,000 up to $650,000. This is an average list price of $533,333 which equals $252.50 per sq. ft. of living area.

There are 5 Martins Crossing homes currently under contract.  The list prices ranged from $490,000 to $649,000.  This equals an average list price of $548,778 which is $256.30 per sq. ft. of living area.  These homes went under contract in an average of 32 days.

In the past twelve months, 26 Martins Crossing homes have sold.  Sales prices ranged from a low of $287,500 to a high of $625,000.  This equals an average sales price of $428,827 which works out to $228.06 per sq. ft. of living area.  These homes sold at an average of 99% of the last list price. And, they went under contract in an average of 21 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
Google Earth image

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts 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 in Stuart Florida
Google Earth image

Martins Crossing community amenities include lush landscaping and private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, an oversized deck, tennis courts, and a playful tot lot all nearby.

Martins Crossing in Stuart Florida
Google Earth image

Martins Crossing 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 in Stuart FL

Search for Martins Crossing Homes for Sale

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.

Martins Crossing Real Estate Market Report March 2024

The Meadows Real Estate Market Report March 2024

03.25.24 by

The Meadows Real Estate Market Report March 2024

There are currently 10 homes for sale in the Meadows in Palm City FL.  The list prices range from $328,000 up to $549,000.  This is an average list price of $427,490 which equals $275.67 per sq. ft. of living area.

There are 12 Meadows homes currently under contract.  These homes had list prices ranging from $289,900 up to $599,900.  This is an average list price of $441,975 which is $273.87 per sq. ft. of living space.  These homes averaged 41 days on the market before going under contract.

In the past 12 months, there have been 51 Meadows home sales.  Sales prices ranged from a low of $274,900 up to $610,000.  This is an average sales price of $404,052 or $262.90 per sq. ft. of living area.  These homes went under contract in an average of 55 days. And, they sold for an average of 97% of their final list price.

Click here to view previous Meadows market reports.

About The Meadows Homes in Palm City Florida:

The Meadows in Palm City Florida
Google Earth image

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 in Palm City Florida
Google Earth image

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, a 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.

Meadows History:

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-Home building (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 full-time support staff.

The Meadows in Palm City Florida
Google Earth image

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.

Entrance to the Meadows

Search for the Meadows Homes for Sale

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.

The Meadows Real Estate Market Report March 2024

Florida Townhouses and Condos February 2024 Market Report

03.22.24 by

Florida Townhouses and Condos February 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 2.5% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 4.8% (In January, there was a 8.5% decrease).

Prices were up for February compared to last year. The median sales price was up by 3.2% for February (was also up by 3.2% in January). And the average sales price increased by 3.4% (was up by 3.0% in January).

The inventory of active listings increased by 73.3% from February last year.  This results in a 6.3 months supply of inventory as compared to 3.2 months for February 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a really long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months 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 February 2024 Market Report
Florida Townhouses and Condos February 2024 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 February 2024 Market Report

Florida Single Family Homes February 2024 Market Report

03.21.24 by

Florida Single Family Homes February 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 2.2% (were up by 0.6% in January). New sales under contract (new pending sales) were down by 0.3% (were down by 2.9% in January).

Prices increased for February when compared to last year.  The (year-to-year) median sales price was up by 5.1% (it was up by 3.8% in January). And, the average sales price was up by 5.7% (it was up by 9.7% last month).

The inventory of available homes for sale increased by 36.5% from last year.  This represents a 3.9 months supply of inventory (February 2023 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. 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 February 2024 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 February 2024 Market Report

 

Emerald Lakes Real Estate Market Report March 2024

03.18.24 by

Emerald Lakes Real Estate Market Report March 2024

For March 2024, there are 7 homes for sale in Emerald Lakes in Stuart FL.  The list prices range from $289,990 and $509,000. This equals an average list price of $374,641 which is $237.94 per sq. ft. of living area.

There are 5 Emerald Lakes homes currently under contract. List prices ranged from $289,999 up to $419,900. This is an average list price of $358,920 which is $255.53 per sq. ft. of living area. These homes and townhomes averaged 89 days on the market before going under contract.

In the past 12 months, there have been 30 Emerald Lakes sales.  Sales prices ranged from $250,000 up to $435,936.  This works out to an average sales price of $334,925 or $236.80 per sq. ft. of living space.  These sales averaged 98% of the list price. And, these homes were on the market for an average of 27 days before going under contract.

Click here to view previous Emerald Lakes market reports.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart Florida
Google Earth image

The community of Emerald Lakes lies in the Port Salerno area of Stuart, Florida, and consists of 400 2 and 3-bedroom townhomes and 130 single-family villas.  The townhomes and villas are governed by two separate homeowners associations yet share many of the same amenities.

Emerald Lakes real estate in Stuart FL

Spread over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools, and two clubhouses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreens, Banks, Gold’s Gym, etc.

 

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas, and beaches, and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only slightly over an hour to the south and Disney World is just over 2 hours to the north.  It’s a perfect location!

Emerald Lakes real estate in Stuart FL

Residents of Emerald Lakes enjoy the good life with low HOA fees and excellent management staff for both Home Owners’ Associations.

Emerald Lakes Town Homes and Villas in Stuart FL

Currently Available Homes and Town Homes in Emerald Lakes

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.

Emerald Lakes Real Estate Market Report March 2024

St Lucie County Townhouses and Condos January 2024 Market Report

02.29.24 by

St Lucie County Townhouses and Condos January 2024 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked and have begun to decrease. Closed sales were down by 7.1% from last year (were down by 3.1% in December). New pending sales were down by 6.2% (they were down by 42.9% last month).

Prices were up for January. The median price increased by 8.0% from last year (was up by 6.7% in December) and the average sales price increased by 21.8% (was up by 10.3% % in December).

The available townhouses and condos inventory increased by 78 units from last month to 634 residences. This is a 74.2% greater inventory than we had in January 2023. The current inventory supply is 7.4 months, as compared to 3.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its second month of a balanced market, and now approaching a seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos January 2024 Market Report

St Lucie County Single Family Homes January 2024 Market Report

02.28.24 by

St Lucie County Single Family Homes January 2024 Market Report

The January 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were down by 20.7% for the month compared to last year (in December they were down by 9.6%). New sales under contract (new pending sales) decreased by 14.7% (they were down by 24.8% last month).

Prices were higher for January when compared to last year.  The median sales price was up by 5.9% (was up by 2.1% in December).  The average sales price was up by 9.4% (it was up by 6.1% in December).

The number of available homes for sale increased by 174 homes to 1,893 units.  This inventory is 10.4% greater than last year.  The current supply of homes is 4.1 months (it was 3.2 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

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

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

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Single Family Homes January 2024 Market Report

Martin County Townhouses and Condos January 2024 Market Report

02.27.24 by

Martin County Townhouses and Condos January 2024 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 22.0%.  They were up by 17.4% in December.  New sales under contract (new pending sales) were down by 12.2% from last year.  They were up by 7.4% in December.

Prices were down for January.  The median sales price decreased by 11.1% (was up by 6.7% last month). And, the average sales price decreased by 11.0% (was up by 19.8% in December).

The available townhouses and condos inventory increased by 59 units to 508 properties.  This is a 69.3% greater supply of inventory than we had in January 2023.  Currently, there’s a 5.9 month supply of inventory (compared to 3.4 months for January 2023).  We remain in a seller’s market for townhouses and condos in Martin County, though just about to enter a 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 January 2024 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 January 2024 Market Report

Heritage Ridge Real Estate Market Report February 2024

02.24.24 by

Heritage Ridge Real Estate Market Report February 2024

As of February 2024, there are 24 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $239,000 up to $649,000.  This is an average list price of $329,123 which equals $231.08 per sq. ft. of living area.

There are 12 Heritage Ridge homes currently under contract.  These homes were on the market with list prices from $185,000 up to $775,000.  This works out to an average list price of $373,941 or $231.48 per sq. ft. of living area.  These properties averaged 55 days on the market before going under contract.

In the past 12 months, there have been 86 Heritage Ridge sales.  Sales prices ranged from $80,000 up to $707,000.  This equals an average sales price of $299,246 which works out to $213.08 per sq. ft. of living area.  These homes were on the market for an average of 49 days before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Heritage Ridge market report!

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound Florida
Google Earth image

The Heritage Ridge community of Hobe Sound encompasses several associations and styles of homes.  From mobile and manufactured homes to villas, townhouses, condos, and single-family homes.  The different sections of Heritage Ridge are all anchored by the Heritage Ridge Golf Club.  This is a non-equity course that is open to the public.

Heritage Ridge in Hobe Sound Florida
Google Earth image

The various areas of Heritage Ridge are all controlled by their individual homeowners’ associations and many also pay a fee to the master Heritage Ridge Association.  This wonderful community is located in northern Hobe Sound with quick access to either the beach at Jupiter Island (in Hobe Sound) or to the downtown area of Stuart as well as the amenities in both the Martin County and Jupiter areas of the Treasure Coast.

Some of the sections of Heritage Ridge include Amherst, Brandywine, Bunker Hill, Cambridge, Franklin Wood, Georgetown, Jamestown, Jefferson Corners, Tory Pines, Williamsburg, and Yorktown.

Heritage Ridge in Hobe Sound

HOA fees vary widely in Heritage Ridge depending on the type of home and subdivision within this community.  The HOA fees run from $78.00 a month in the mobile home and single-family home sections up to $350.00 a month for the condo areas and in between for some of the other communities.

Heritage Ridge in Hobe Sound

Click here to search for available homes in Heritage Ridge

Click here to search for available condos in Heritage Ridge

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.

Heritage Ridge Real Estate Market Report February 2024

Florida Townhouses and Condos January 2024 Market Report

02.23.24 by

Florida Townhouses and Condos January 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 1.2% compared to last month’s decrease of 6.2%.  New sales under contract (new pending sales) decreased by 8.5% (In December, there was a 5.5% decrease).

Prices were up for January compared to last year. The median sales price was up by 3.2% for January (was up by 6.5% in December). And the average sales price increased by 3.0% (was up by 10.4% in December).

The inventory of active listings increased by 62.9% from January last year.  This results in a 5.8 months supply of inventory as compared to 3.1 months for January 2023.  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 months 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 January 2024 Market Report
Florida Townhouses and Condos January 2024 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 January 2024 Market Report

Florida Single Family Homes January 2024 Market Report

02.22.24 by

Florida Single Family Homes January 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 0.6% (were down by 3.8% in December). New sales under contract (new pending sales) were down by 2.9% (were down by 3.3% in December).

Prices increased for January when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was also up by 3.8% in December). And, the average sales price was up by 9.7% (it was up by 7.2% last month).

The inventory of available homes for sale increased by 24.8% from last year.  This represents a 3.8 months supply of inventory (January 2023 had a 2.8 months supply). Florida remains in a seller’s market with the advantage to sellers. 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 January 2024 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 January 2024 Market Report

 

Mariner Cay Real Estate Market Report February 2024

02.16.24 by

Mariner Cay Real Estate Market Report February 2024

There is 1 home and 6 condos on the market in Mariner Cay in Stuart FL for February 2024.

The condos have list prices that range from $385,000 up to $533,000. This equals an average list price of $447,067 which is $313.83 per sq. ft. of living space.

The home is listed for $2,380,000 or $943.70 per sq. ft. of living area.

No Mariner Cay homes and 3 Mariner Cay condos are currently under contract.

These condos had list prices ranging from $475,000 up to $495,000. This is an average list price of $481,667 which equals $327.31 per sq. ft. of living area.  These condos were on the market for an average of 21 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 $377,000 up to $462,500.  This equals an average sales price of $430,300 which works out to $305.54 per sq. ft. of living space.  These condos averaged 35 days on the market before going under contract. And, sold for an average of 96% of the list price.

The single-family homes had sales prices ranging from $658,000 to $1,400,000. This is an average sales price of $1,136,000 which is $400.91 per sq. ft. of living area.  These homes were on the market for an average of 222 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
Google Earth image

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.

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
Google Earth image

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 February 2024

St Lucie County Townhouses and Condos December 2023 Market Report

02.06.24 by

St Lucie County Townhouses and Condos December 2023 Market Report

The St Lucie County Townhouses and Condos market showed slightly weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked and have begun to decrease. Closed sales were down by 3.1% from last year (were down by 1.4% in November). New pending sales were down by 42.9% (they were up by 68.6% last month).

Prices were up for December. The median price increased by 6.7% from last year (was up by 1.6% in November) and the average sales price increased by 10.3% (was up by 15.1% % in November).

The available townhouses and condos inventory increased by 31 units from last month to 556 residences. This is a 91.1% greater inventory than we had in December 2022. The current inventory supply is 6.4 months, as compared to 3.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues as a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos December 2023 Market Report
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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 December 2023 Market Report

St Lucie County Single Family Homes December 2023 Market Report

02.05.24 by

St Lucie County Single Family Homes December 2023 Market Report

The December 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were down by 9.6% for the month compared to last year (in November they were down by 0.3%). New sales under contract (new pending sales) decreased by 24.8% (they were down by 7.7% last month).

Prices were slightly higher for December when compared to last year.  The median sales price was up by 2.1% (was up by 2.8% in November).  The average sales price was up by 6.1% (it was up by 7.1% in November).

The number of available homes for sale increased by 41 homes to 1,719 units.  This inventory is 1.6% greater than last year.  The current supply of homes is 3.6 months (it was 3.1 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 month supply of inventory.

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

St Lucie County Single Family Homes December 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 December 2023 Market Report

Martin County Townhouses and Condos December 2023 Market Report

02.04.24 by

Martin County Townhouses and Condos December 2023 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 17.4%.  They were down by 21.4% in November.  New sales under contract (new pending sales) were up by 7.4% from last year.  They were up by 21.7% in November.

Prices were up for December.  The median sales price increased by 6.7% (was up by 7.3% last month). And, the average sales price increased by 19.8% (was up by 17.3% in November).

The available townhouses and condos inventory increased by 26 units to 449 properties.  This is a 54.3% greater supply of inventory than we had in December 2022.  Currently, there’s a 5.2 month supply of inventory (compared to 3.2 months for December 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 December 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 December 2023 Market Report