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Empress Real Estate Market Report May 2023

05.12.23 by

Empress Real Estate Market Report May 2023

For May 2023, there is 1 condo available for sale in the Empress Condos of Hutchinson Island in Jensen Beach Florida. The list price is $434,999 or $334.87 per sq. ft. of living area.

There is also 1 Empress condo currently under contract. The list price was $575,000 which is $442.65 per sq. ft. of living area. This condo was on the market for 5 days before going under contract.

In the past 12 months, 6 Empress condos have sold.  Sales prices ranged from $410,000 up to $690,000.  This is an average sales price of $568,333 which works out to $419.89 per sq. ft. of living area.  These condos averaged 50 days on the market before going under contract. And, they sold for an average of 96% of the list price.

Click here to view the previous Empress market report!

About the Empress on Hutchinson Island in Jensen Beach:

The Empress condos on Hutchinson Island in Jensen Beach Florida
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Empress condos for sale:

The Empress of Jensen Beach on Hutchinson Island is an upscale 15-story oceanfront condo building with 115 residences. It was completed in 1988.  Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress condos on Hutchinson Island in Jensen Beach Florida
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There are various sizes and configurations of condos in the Empress ranging from very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedrooms, 2 bath units of 1,505 sq. ft. with the remainder 2 bedrooms, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

Recent Empress condo sales:

There is ample assigned and guest parking plus an additional 40 covered detached garages that can be bought and sold between Empress residents.  Other community amenities include a pool, Jacuzzi, sun deck, card room, clubhouse with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area, and dune walk to the beach.

The Empress Condos of Hutchinson Island
The Empress Condos of Hutchinson Island
The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  Garage owners have some additional fees.

The Empress condos on Hutchinson Island in Jensen Beach Florida

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach?  Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Search for Empress condos for sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency –Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Empress Real Estate Market Report May 2023

Islandia Real Estate Market Report May 2023

05.09.23 by

Islandia Real Estate Market Report May 2023

For May 2023, there are 8 condos for sale in Islandia on Hutchinson Island in Jensen Beach FL. List prices ranged from $469,000 up to $879,000. This is an average list price of $689,588 which is $509.82 per sq. ft. of living area.

There are 3 Islandia condos currently under contract. The list prices ranged from $450,000 up to $670,000. This equals an average list price of $594,967 or $416.99 per sq. ft. of living area. These condos averaged 91 days on the market before going under contract.

In the past 12 months, 21 Islandia condos have sold.  Sales prices ranged from $475,000 up to $900,000. This is an average sales price of $627,983 which equals $454.92 per sq. ft. of living area.  These units sold for an average of 98% of the list price. And, they averaged 35 days on the market prior to going under contract.

Click here to view the previous Islandia market report!

About the Islandia Condos of Jensen Beach on Hutchinson Island:

Islandia condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Islandia condos for sale:

The Islandia Condos of Jensen Beach on Hutchinson Island consists of two 20-story buildings that were built in 1982. There are 388 total residences in these two buildings which are called Islandia I and II. Very conveniently located to the north of the Jensen Beach Causeway, and is just a short drive away from downtown Jensen Beach, shopping, and restaurants.

Islandia condos on Hutchinson Island in Jensen Beach Florida
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Condos in Islandia come in three general varieties.  Large 3 bedroom, 3 bathroom units with 1,929 sq. ft. of living area plus balconies.  3 bedroom, 2 bathroom units with 1,544 sq. ft.  And 2 bedroom, 2 bath condos with either 1,437 or 1,228 sq. ft.  Islandia residents enjoy wonderful amenities that include 2 Oceanside pools, private beach access, BBQ grilling area, Jacuzzi, tennis and bocce courts, and overflow parking with trailer and RV parking spaces. Interior facilities include a large social area with a bar and kitchen, billiards, fitness center, and steam sauna. There is an office with on-site management and 24-hour guard-gated security.

Recent Islandia condo sales:

Islandia I does not allow pets, while those in Islandia II are allowed one pet under 30 lbs. Both buildings allow rentals with restrictions. The condo association fees range from $475.00 to $655.00 per month (as of November 2019).

Islandia condos on Hutchinson Island in Jensen Beach Florida

Those looking for a friendly beach community on Hutchinson Island in Jensen Beach should take a look at the Islandia Condo offerings.

Islandia Condos of Jensen Beach on Hutchinson Island

Search for condos:

Click here for currently available Islandia Condos for Sale

Search for Islandia condos on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may want to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency –Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Islandia Real Estate Market Report May 2023

Snug Harbor West Real Estate Market Report May 2023

05.07.23 by

Snug Harbor West Real Estate Market Report May 2023

For May 2023, there are no homes available to purchase in Snug Harbor West in Stuart FL.

There is 1 Snug Harbor West home currently under contract. The list price was $3,995,000 or $947.81 per sq. ft. of living area. This home was on the market for 23 days before going under contract.

In the past 12 months, there has been 1 Snug Harbor West home sale. The sales price was $1,650,000 which equals $498.79 per sq. ft. of living area. This home was on the market for 128 days before going under contract. And, it sold for 92% of the list price.

Click here to view the previous Snug Harbor West market report!

About Snug Harbor West in Stuart FL:

Snug Harbor West real estate in Stuart Florida

Snug Harbor West homes for sale:

Snug Harbor West is a gated community of 17 home sites each with a deeded dock on the shores of the Saint Lucie River. It lies in a very convenient in-town location in Stuart FL yet still in a quiet and peaceful location.

Snug Harbor West real estate in Stuart Florida

These homes were constructed from 2003 to 2013.   They range in sizes from a 3 bedroom, 2 bathroom home with 2,420 sq. ft. per living area up to 6,795 sq. ft. two-story home which includes guest quarters.  All of these homes are of a Key West style which is a requirement of the Homeowner’s Association.  The HOA fees include the common areas, gated entry, community pool, tennis courts, and waterfront area.

Snug Harbor West real estate in Stuart Florida
Google Earth Image

The community pool and tennis courts are shared with the neighboring Four Winds on the River condo community.

Recent Snug Harbor West home sales:

Deeded docks extend into the Saint Lucie River with a finger pier and lifts are permitted.  Docks are suitable for various size boats up to a maximum of approximately 35’ depending on the boat and the draft.

Snug Harbor West in Stuart FL
Snug Harbor West in Stuart FL

Children in Snug Harbor West currently attend the J.D. Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.  This excellent location is just about 2 miles from Stuart Beach as well as about the same distance from historic downtown Stuart.  Also, close to shopping, restaurants, medical facilities, and professional offices.

Snug Harbor West in Stuart FL
Snug Harbor West in Stuart FL
Snug Harbor West Home and Land Searches:

Snug Harbor West homes don’t often come on the market but you can click on this link to see if any are currently available for sale.  

Search for Snug Harbor homes for sale

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

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

Snug Harbor West Real Estate Market Report May 2023

Ocean Dunes Real Estate Market Report May 2023

05.05.23 by

Ocean Dunes Real Estate Market Report May 2023

As of May 2023, there is 1 condo available for sale in Ocean Dunes on Hutchinson Island in Jensen Beach FL. The list price is $749,900 which equals $577.73 per sq. ft. of living area.

There are no Ocean Dunes condos currently under contract.

In the past 12 months, there have been 2 Ocean Dunes condo sales. The sales prices were $500,000 and $1,070,000. This works out to an average sales price of $785,000 or $417.42 per sq. ft. of living area. These condos went under contract in an average of 56 days after being listed. And, they sold for an average of 95% of the list price.

Click here for previous Ocean Dunes market reports!

About Ocean Dunes Condos in Jensen Beach FL:

Ocean Dunes condo real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Ocean Dunes condos for sale:

Just north of the Jensen Beach Causeway is the very exclusive Ocean Dunes Condo Building.  This 8-story elevator building was built in 1982 and contains only 28 units.  No more than 4 condos per floor with the penthouse having two spacious double-sized units of 2,502 sq. ft. under AC each.  The remaining condos are all 2 bedroom, 2 baths with the corner units having 1,298 sq. ft. of living area and the interior ones having 1,228.

Recent Ocean Dunes condo sales:

Ocean Dunes condo real estate on Hutchinson Island in Jensen Beach Florida

There is ample parking as well as beach access, a private pool and a tennis court.  One small pet is allowed as well as rentals are permitted with some restrictions.  The current condo fees are $530 per month as of December 2016.

Ocean Dunes condo real estate on Hutchinson Island in Jensen Beach Florida
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There is shopping located across the street and it’s only a short drive to downtown Jensen Beach.

Ocean Dunes Condo in Jensen Beach
Ocean Dunes Condo in Jensen Beach
Ocean Dunes Condo in Jensen Beach

Click here to search for available Ocean Dunes Condos for Sale

Search for Ocean Dunes condo real estate on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Ocean Dunes Real Estate Market Report May 2023

Green Turtle Cove Jensen Beach Market Report May 2023

05.04.23 by

Green Turtle Cove Jensen Beach Market Report May 2023

No condos are for sale in the Green Turtle Cove condos on Hutchinson Island for May 2023.

There are also no condos currently under contract in Green Turtle Cove in Jensen Beach.

In the past 12 months, 2 Green Turtle condos have sold.  The sales prices were $399,900 and $410,000. This equals an average sales price of $404,950 or $336.34 per sq. ft. of living area.  These condos were on the market for an average of 24 days before going under contract. And, the sales prices averaged 98% of the list price.

View the previous Green Turtle Cove market report here!

About Green Turtle Cove on Hutchinson Island:

Green Turtle Cove Jensen Beach Market Report May 2023
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The Green Turtle Cove Condominium Complex is located just South of the Jensen Beach Causeway on Hutchinson Island in Martin County Florida.  It lies directly across the street from the public beach in Jensen Beach with guarded beaches, a snack bar, and beach volleyball courts.  Also, soon to break ground is a new luxury resort to be built on the grounds of the old Holiday Inn, also across the street.

Green Turtle Cove Jensen Beach Market Report May 2023
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Green Turtle Cove consists of two 40-unit buildings.  The South building was completed in 1973 and the North building shortly after in 1974.  This complex is on the shores of the Indian River (Intracoastal Waterway) and has docks that are available to residents on a first come first served basis for the nominal fee of $25.00 a month.  There’s also a lake on the grounds as well as a swimming pool, vehicle wash area, and BBQ stations.

Each building has secured entry through a lobby and has elevator service to the four stories.  There is reserved parking as well as an ample supply of guest spots.  Each unit is a 2 bedroom and 2 bath with 1,204 sq. ft. of living space under air and a generous balcony with views of either the lake, preserve, river, and some with peaks of the ocean.

No pets are permitted in Green Turtle Cove, though there are liberal rental rules allowing part-time residents to lower their cost of ownership by leasing out their condo for a few months a year.

Green Turtle Cove condos on Hutchinson Island in Jensen Beach Florida
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Currently, Green Turtle Cove is one of the more affordable condos for those wishing both river and ocean access.  (I’m told there is great fishing right from the private docks.)

Green Turtle Cove Condos on Hutchinson Island
More info:

Recently (2017), the Hutchinson Shores Resort and Spa opened across the street (Oceanside). This makes fine dining as well as many amenities available to those who own in Green Turtle Cove.

Search here for Green Turtle Cove Condos for Sale

Search here for Green Turtle Cove Condos for Sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

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.

Green Turtle Cove Jensen Beach Market Report May 2023

St Lucie County Townhouses and Condos March 2023 Market Report

04.26.23 by

St Lucie County Townhouses and Condos March 2023 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 18.7% from last year (were down by 45.9% in February). New pending sales were unchanged at 0.0% (they were down by 31.4% last month).

Prices were mixed for March. Hopefully, price increases will continue to moderate which should lead to an increase in sales. The median price increased by 1.7% from last year (was up by 12.3% in February) and the average sales price decreased by 9.0% (was down by 0.6% in February).

The available townhouses and condos inventory decreased by 2 units from last month to 397 residences. This is 194.1% greater inventory than we had in March 2022. The current inventory supply is 4.5 months, as compared to 1.0 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.

St Lucie County Townhouses and Condos March 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 March 2023 Market Report

St Lucie County Single Family Homes March 2023 Market Report

04.25.23 by

St Lucie County Single Family Homes March 2023 Market Report

The March 2023 St Lucie County Single Family Home 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 23.9% for the month compared to last year (in February they were down by 22.8%). New sales under contract (new pending sales) decreased by 15.1% (they were down by 9.2% last month).

Prices rose for March, though at a moderate rate.  The median sales price was up by 1.4% (was up by 5.7% in February).  The average sales price was up by 2.6% (it was up by 4.9% in February).

The number of available home listings decreased by 170 homes to 1,429 units.  This inventory is 140.6% greater than last year.  The current supply of homes is 2.8 months (it was 0.9 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 March 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 March 2023 Market Report

Martin County Townhouses and Condos March 2023 Market Report

04.24.23 by

Martin County Townhouses and Condos March 2023 Market Report

The Martin County Townhouses and Condos had stronger closed activity for the first time in months. But, we are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 16.5%.  They were down by 28.4% in February.  New sales under contract (new pending sales) were up by 5.1% from last year.  They were down by 7.2% in February.

Price activity was mixed for March.  The median sales price increased by 1.5% (was up by 10.3% last month). While the average sales price decreased by 2.6% (was down by 5.5% in February).

The available townhouses and condos inventory decreased by 19 units to 289 properties.  This is a 147.0% greater supply of inventory than we had in March 2022.  Currently, there’s a 3.3 months supply of inventory (compared to 1.0 months for March 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.

Martin County Townhouses and Condos March 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 March 2023 Market Report

Martin County Single Family Homes March 2023 Market Report

04.23.23 by

Martin County Single Family Homes March 2023 Market Report

The Martin County Single Family Homes Market Report had stronger closed activity for the first time in months. But, we are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 12.5% from last year (they were down by 27.1% in February). At the same time, new pending sales increased by 14.4% compared to last year (which increased by 3.6% last month).

Prices were up for March.  The median sales price increased from last year by 6.1% (up by 3.3% in February) while the average sales price increased by 26.0% (down by 10.3% last month).

The inventory of available single-family homes decreased by 26 units from last month to 489. This is a 119.3% greater inventory than last March.  The current supply of homes is 3.1 months.  For March of last year, it was 1.0 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

Martin County Single Family Homes March 2023 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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

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

Martin County Single Family Homes March 2023 Market Report

Florida Townhouses and Condos March 2023 Market Report

04.22.23 by

Florida Townhouses and Condos March 2023 Market Report

Florida Townhouses and Condos market report continue 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 23.5% compared to last month’s decrease of 30.2%.  New sales under contract (new pending sales) decreased by 19.3% (In February, there was a 24.2% decrease).

Year-to-year prices were higher. However, these price increases have moderated which may indicate future increased activity. The median sales price was up by 3.9% (was up by 8.6% in February). And the average sales price increased by 1.1% (was up 2.9% in February).

The inventory of active listings increased by 107.6% from March last year.  This results in 3.4 months supply of inventory as compared to 1.2 months for March 2021.  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.

Florida Townhouses and Condos March 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 March 2023 Market Report

Suntide Condos Real Estate Market Report April 2023

04.22.23 by

Suntide Condos Real Estate Market Report April 2023

For April 2023, there are 2 condos on the market in Suntide on Hutchinson Island in Stuart FL. The list prices are $399,900 and $405,000. This is an average list price of $402,450 which works out to $296.42 per sq. ft. of living area.

There are no Suntide condos currently under contract.

There have been 3 Suntide condos sold in the past 12 months.  Sales prices ranged from $420,000 up to $465,000 for an average sales price of $437,000 which equals $308.19 per sq. ft. of living area.  These sales averaged 97% of the list price. And, they were on the market for an average of 39 days prior to going under contract.

Click here to see the previous Suntide market report!

About the Suntide Condominiums of Hutchinson Island in Stuart Florida:

Suntide condo real estate on Hutchinson Island in Stuart Florida
Google Earth image

Suntide condos for sale:

The Suntide Condominium is located on Hutchinson Island in uncrowded and unspoiled Martin County. It is one of the premier oceanfront condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard-to-find under-building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Recent Suntide condo sales:

Suntide condo real estate on Hutchinson Island in Stuart Florida
Google Earth image

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these features an office, sitting room that can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best-run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation getaway.

Pool of Suntide Condo on Hutchinson Island
Tennis Courts of Suntide Condo on Hutchinson Island

Search for Suntide Condos on Hutchinson Island

Suntide condo real estate search on Hutchinson Island
Ocean Access from the Suntide Condo on Hutchinson Island
Fitness Room in the Suntide Condo on Hutchinson Island
Game room in the Suntide Condo on Hutchinson Island

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

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.

Suntide Condos Real Estate Market Report April 2023

Florida Single Family Homes March 2023 Market Report

04.21.23 by

Florida Single Family Homes March 2023 Market Report

The Florida Single Family Home 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 15.0% (were down by 21.3% in February). New sales under contract (new pending sales) were down by 12.0% (were down by 11.6% in February).

Prices were mixed for March.  The (year-to-year) median sales price rose by 2.1% (it was up by 3.5% in February). And, the average sales price was down by 2.1% (it was down by 1.8% last month).

The inventory of available homes for sale increased by 115.8% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (March 2021 had a 1.0 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 March 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 March 2023 Market Report

 

Fairwinds Cove Real Estate Market Report April 2023

04.18.23 by

Fairwinds Cove Real Estate Market Report April 2023

There are 3 condos currently available for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. The list prices range from $329,000 up to $415,000. This is an average list price of $364,633 which works out to $321.36 per square foot of living area.

There are also 3 Fairwinds Cove condos currently under contract. They were listed from $369,900 up to $399,900. This equals an average list price of $386,267 or $339.92 per square foot of living area.  These condos were on the market for an average of 92 days before going under contract.

In the past 12 months, 8 Fairwinds Cove condos have sold.  Sales prices ranged from $337,000 up to $460,000.  This works out to an average sales price of $394,500 which equals $338.44 per square foot of living area.  These condos sold for an average of 96% of the list price. And, they were on the market for an average of 58 days before going under contract.

Click here for the previous Fairwinds Cove market report!

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Fairwinds Cove condos for sale:

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four-story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with a full kitchen, meeting room, fitness room, billiards and more.

Recent Fairwinds Cove sales:

Fairwinds Cove is a non-age-restricted community that allows one small pet.  There is a strong sense of community with many long-time seasonal and full-time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida

Search for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach 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.

Fairwinds Cove Real Estate Market Report April 2023

Atlantis Real Estate Market Report April 2023

04.10.23 by

Atlantis Real Estate Market Report April 2023

In April 2023, there is 1 condo on the market in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL. The list price is $499,900 which is $474.74 per sq. ft. of living area.

There is also 1 Atlantis condo currently under contract. The list price was $450,000 which equals $427.35 per sq. ft. of living area. This condo was on the market for 7 days before going under contract.

In the past 12 months, 7 Atlantis condos have sold.  Sales prices ranged from a low of $399,000 up to a high of $577,000.  Making for an average sales price of $483,714 or $433.46 per sq. ft. of living area.  These condos were on the market for an average of 47 days before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Atlantis condo market report!

About Atlantis Condos:

Atlantis Condo real estate on Hutchinson Island in Jensen Beach
Atlantis and Oceanrise Condos on Hutchinson Island in Jensen Beach FL:

These Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consist of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedrooms 2 bathrooms condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap-around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Recently sold Atlantis condos:

These three buildings have two pools in between them. They all offer direct ocean access from the rear of all buildings.  There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condo real estate on Hutchinson Island in Jensen Beach
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The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen Beach

For more info about Hutchinson Island condos, call Gabe Sanders at 772-888-2885

Search for Atlantis Condos on Hutchinson Island for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Atlantis Real Estate Market Report April 2023

The Princess Real Estate Market Report April 2023

04.08.23 by

The Princess Real Estate Market Report April 2023

As of April 2023, there are 5 condos available for sale in the Princess of Hutchinson Island.  The list prices range from $550,000 up to $839,000. This is an average list price of $693,580 or $460.82 per sq. ft. of living area.

There is 1 Princess condo currently under contract.  The list price was $600,000 which equals $496.28 per sq. ft. of living area.  This condo was on the market for 140 days prior to going under contract.

In the past 12 months, 14 Princess condos have sold. Sales prices ranged from $450,000 up to $700,000.  This is an average sales price of $527,643 which works out to an average of $418.59 per sq. ft. of living area.  These condos were on the market for an average of 49 days before going under contract. And, sold for an average of 96% of the last list price.

Click here to view the previous Princess of Hutchinson Island market report!

About the Princess of Hutchinson Island Condos:

The Princess of Hutchinson Island real estate in Jensen Beach Florida
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Condos for sale in the Princess:

The Princess of Hutchinson Island is one of the more elegant high-rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles north of the Jensen Beach Causeway this 20-story condominium has both 3 bedroom, 2 bathroom condos, and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island real estate in Jensen Beach Florida
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The Princess was built in 1984 and has a heated pool, Jacuzzi, a common area with a game room, kitchen and bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

Recent sales in the Princess:

The maintenance fee includes the use of all facilities, exterior maintenance, and insurance.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought-after building.

The Princess of Hutchinson Island real estate in Jensen Beach Florida
The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

The Princess condos on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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 Princess Real Estate Market Report April 2023

Admiral Real Estate Market Report April 2023

04.02.23 by

Admiral Real Estate Market Report April 2023

For April 2023, there are 4 condos available for sale in the Admiral on Hutchinson Island in Jensen Beach FL. The list prices range from $675,000 up to $795,000. This is an average list price of $729,750 or $519.85 per sq. ft. of living area.

There are no Admiral condos currently under contract.

In the past 12 months, 9 Admiral condos have sold.  Sales prices ranged from $585,000 up to $999,999.  This is an average sales price of $760,655 which equals $490.89 per sq. ft. of living area.  These condos went under contract in an average of 43 days after being listed.  They sold for an average of 98% of the list price.

Click here to view the previous Admiral market report!

About the Admiral Condominium on Hutchinson Island at Island Dunes:

The Admiral on Hutchinson Island in Jensen Beach Florida
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Admiral condos for sale:

The Admiral Condominiums at Island Dunes in Jensen Beach FL is a high-rise building with 104 condos that were built in 1983.  Residents of the Admiral belong to the Island Dunes Country Club.  This offers Amenities that include a challenging nine-hole golf course on the banks of the Indian River; a championship tennis club; a pro shop; a deep-water marina; and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.

Admiral Real Estate Market Report April 2023
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Condos in the Admiral range from 3 bedrooms, 3 bathrooms units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedrooms, 2 bathrooms condos with 1,377 sq. ft.  The condo association fees include the many amenities for this building and the Island Dunes Country Club. This gives owners and their guests’ access to both Golf and Tennis memberships as well as potential access to deep-water ocean access docks. Making for a true resort lifestyle.

Recent Admiral condo sales:

All of the Admiral condos have wonderful ocean views while many also have sweeping views of the Intracoastal (Indian River) as well as the Island Dunes golf course.  And, there’s also private beach access as well as barbecue facilities.

The Admiral on Hutchinson Island in Jensen Beach Florida
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There are wonderful amenities included such as a full first-floor common area with a kitchen and space for parties, a game room, a fitness center, and a sauna.  The Admiral is a pet-free building. Rentals are allowed with restrictions.

Island Dunes

For those wishing to experience truly resort-style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.

Search Links:

Click on this link for the currently available Admiral Condos for Sale

Search for Admiral condo real estate on Hutchinson Island

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Admiral Real Estate Market Report April 2023

St Lucie County Townhouses and Condos February 2023 Market Report

03.26.23 by

St Lucie County Townhouses and Condos February 2023 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 45.9% from last year (were down by 42.3% in January). New pending sales were down by 31.4% (they were down by 41.3% last month).

Prices rose for February, though at a moderate rate. Hopefully, price increases will continue to moderate which should lead to an increase in sales. The median price increased by 12.3% from last year (was up by 5.1% in January) and the average sales price decreased by 0.6% (was up by 3.4% in January).

The available townhouses and condos inventory increased by 35 units from last month to 399 residences. This is 183.0% greater inventory than we had in February 2022. The current inventory supply is 4.5 months, as compared to 1.1 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.

St Lucie County Townhouses and Condos February 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 February 2023 Market Report

St Lucie County Single Family Homes February 2023 Market Report

03.25.23 by

St Lucie County Single Family Homes February 2023 Market Report

The February 2023 St Lucie County Single Family Home 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 22.8% for the month compared to last year (in January they were down by 27.0%). New sales under contract (new pending sales) decreased by 9.2% (they were down by 11.9% last month).

Prices rose for February, though at a moderate rate.  The median sales price was up by 5.7% (was up by 4.9% in January).  The average sales price was up by 4.9% (it was up by 4.6% in January).

The number of available home listings decreased by 116 homes to 1,599 units.  This inventory is 161.7% greater than last year.  The current supply of homes is 3.0 months (it was 1.0 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.

St Lucie County Single Family Homes February 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 February 2023 Market Report

Martin County Townhouses and Condos February 2023 Market Report

03.24.23 by

Martin County Townhouses and Condos February 2023 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year though there are some signs of a slow turnaround. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were down by 28.4%.  They were down by 43.8% in November.  New sales under contract (new pending sales) were down by 7.2% from last year.  They were down by 7.5% in January.

Price activity was mixed for February.  The median sales price increased by 10.3% (was up by 26.0% last month). While the average sales price decreased by 5.5% (was up by 8.2% in January).

The available townhouses and condos inventory increased by 8 units to 308 properties.  This is a 187.9% greater supply of inventory than we had in February 2022.  Currently, there’s a 3.6 months supply of inventory (compared to 0.9 months for February 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.

Martin County Townhouses and Condos February 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 February 2023 Market Report

Martin County Single Family Homes February 2023 Market Report

03.23.23 by

Martin County Single Family Homes February 2023 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year though there are some signs of a slow turnaround. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 27.1% from last year (they were down by 20.4% in January). At the same time, new pending sales increased by 3.6% compared to last year (which decreased by 15.6% last month).

Prices were mixed for February.  The median sales price increased from last year by 3.3% (up by 9.7% in January) while the average sales price decreased by 10.3% (down by 36.7% last month).

The inventory of available single-family homes decreased by 15 units from last month to 515. This is a 189.3% greater inventory than last February.  The current supply of homes is 3.3 months.  For February of last year, it was 0.8 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

Martin County Single Family Homes February 2023 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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

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

Martin County Single Family Homes February 2023 Market Report