Search Results for: sea winds market report

Martin County Townhouses and Condos July 2024 Market Report

08.25.24 by

Martin County Townhouses and Condos July 2024 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 22.5%.  They were down by 23.9% in June.  New sales under contract (new pending sales) were down 43.2% from last year.  They were down by 13.1% in June.

Prices were also down for July.  The median sales price decreased by 2.9% (was down by 5.5% last month). And, the average sales price decreased by 13.3% (was down by 10.2% in June).

The available townhouses and condos inventory increased by 10 units to 541 properties.  This is a 93.2% greater supply of inventory than we had in July 2023.  Currently, there’s a 6.5-month supply of inventory (compared to 3.1 months for July 2023).  We remain in 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 July 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 July 2024 Market Report

Florida Townhouses and Condos July 2024 Market Report

08.23.24 by

Florida Townhouses and Condos July 2024 Market Report

Florida Townhouses and Condos real estate market report had slightly weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 1.2% compared to last month’s decrease of 20.5%.  New sales under contract (new pending sales) decreased by 10.4% (In June, there was a 7.9% decrease).

Prices were mixed for July compared to last year. The median sales price was down by 1.3% for July (unchanged in June). And the average sales price increased by 3.0% (was up by 2.4% in June).

The inventory of active listings increased by 91.1% from July last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for July 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos July 2024 Market Report
Florida Townhouses and Condos July 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 July 2024 Market Report

Florida Single Family Homes July 2024 Market Report

08.22.24 by

Florida Single Family Homes July 2024 Market Report

The Florida Single Family Home real estate market had slightly stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were up by 5.2% (were down by 11.1% in June). New sales under contract (new pending sales) were down by 0.6% (were down by 2.3% in June).

Prices increased slightly for July when compared to last year.  The (year-to-year) median sales price was up by 0.5% (it was up by 1.7% in June). And, the average sales price was up by 2.2% (it was up by 4.7% last month).

The inventory of available homes for sale increased by 59.4% from last year.  This represents a 4.6-month supply of inventory (July 2023 had a 2.8-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered 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 July 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 July 2024 Market Report

 

Windstone Real Estate Market Report August 2024

08.15.24 by

Windstone Real Estate Market Report August 2024

As of August 2024, there are 2 homes for sale in the Windstone community of Palm City, FL.  The list prices are $1,150,000 and $1,399,995. This equals an average list price of $1,274,998 or $378.07 per sq. ft. of living area.

There are no Windstone homes under contract at this time.

In the past 12 months, 2 Windstone homes have sold.  Sales prices were $1,250,000 and $1,800,000. This is an average sales price of $1,525,000 which equals $334.34 per sq. ft. of living area.  These homes averaged 92 days on the market before going under contract. And, they sold for an average of 100% of the list price.

Click here to view the previous Windstone market report!

About Windstone in Palm City FL:

Windstone real estate in Palm City FL
Google Earth Image

Formerly known as Rivers End and now re-named Windstone. Featuring spacious waterfront homes, Windstone August 2019 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL
Google Earth Image

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone August 2019 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone August 2019 Market Report is within close range to “A” rated school, I-95, and Florida’s Turnpike making this a great place for locals or commuters to call home!

Windstone February 2020 Market Report

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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.

Windstone Real Estate Market Report August 2024

Oceanrise Real Estate Market Report August 2024

08.10.24 by

Oceanrise Real Estate Market Report August 2024

For August 2024, 4 condos are available for sale in the Oceanrise Condominiums on Hutchinson Island in Jensen Beach FL.  The list prices ranged from $399,900 up to $567,000. This is an average list price of $487,850 or $469.51 per sq. ft. of living space.

There are no Oceanrise condos currently under contract (pending sale).

In the past 12 months, 2 Oceanrise condos have sold.  The sales prices were $429,000 and $450,000. This equals an average sales price of $439,500 which works out to $430.46 per sq. ft. of living space.  These condos were on the market for an average of 17 days before going under contract. And, they sold for an average of 99% of the last list price.

Click here to view recent Oceanrise market reports!

About the Oceanrise Condos in Jensen Beach:

Oceanrise Condos in Jensen Beach FL
Google Earth image

The Oceanrise Condos are located just north of Waveland Beach in Jensen Beach on Hutchinson Island. It is a 7-story building that was opened for sale in 1979.  All the residences in Oceanrise have 2 bedrooms and 2 bathrooms. There is one exception for a corner penthouse double unit which has 2,042 sq. ft. of living area.  The other 68 homes have either 1,086 or 1,021 sq. ft. of living area and additional balcony space.

Oceanrise Condos on Hutchinson Island in Jensen Beach FL

Sorry, no pets are allowed in Oceanrise, but rentals are permitted with a 3-month minimum stay restriction.

Oceanrise Condos in Jensen Beach
Oceanrise Condos in Jensen Beach

Residents can enjoy the heated pool and their private access to the beach.  There are also shuffleboard courts as well as a clubhouse and BBQ grill area.

Oceanrise Condos in Jensen Beach

Click here to search for available Oceanrise Condos for Sale

Oceanrise condos for sale 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 – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Oceanrise Real Estate Market Report August 2024

Oceana South Real Estate Market Report August 2024

08.07.24 by

Oceana South Real Estate Market Report August 2024

As of August 2024, there are 2 condos for sale in Oceana South on Hutchinson Island in Jensen Beach FL.  These condos are listed for $499,000 and $525,000. This is an average list price of $512,000 which is $500.49 per sq. ft. of living area.

There are no Oceana South condos currently under contract.

In the past 12 months, 7 Oceana South condos have sold.  Sales prices ranged from $375,000 up to $530,000.  This works out to an average sales price of $467,929 which equals $457.41 per sq. ft. of living area.  These condos were on the market for an average of 56 days before going under contract. And, sold for an average of 97% of the list price.

Click here to view the previous Oceana South market report!

About the Oceana South Condos on Hutchinson Island in Jensen Beach:

Oceana South Condos on Hutchinson Island in Jensen Beach
Google Earth image

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982.  This is a direct oceanfront building with 126 units in 12 stories.  Oceana South has two pools, a Jacuzzi, tennis courts, an exercise room, billiards, a clubhouse, a picnic area, and a car wash, and it is a gated complex with direct access to your own beach.

Condo sizes vary from corner units with wrap-around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies.  There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area.  One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Condo fees include building insurance, reserve funds, management, and use of all the common areas.  1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum lease duration of three months.

Oceana South Condos in Jensen Beach
Oceana South Condos in Jensen Beach

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

Oceana South condos for sale on Hutchinson Island in Jensen Beach Florida

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 – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Oceana South Real Estate Market Report August 2024

St Lucie County Townhouses and Condos June 2024 Market Report

07.30.24 by

St Lucie County Townhouses and Condos June 2024 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year. Even as we face headwinds with economic uncertainties and higher mortgage rates. Closed sales were down by 29.4% from last year (they were down by 8.1% in May). New pending sales were down by 19.8% (they were down by 28.4% last month).

Prices were higher in June. The median price increased by 18.5% from last year (was down by 2.3% in May) and the average sales price increased by 5.1% (was down by 7.3% in May).

The available townhouses and condos inventory decreased by 22 units from last month to 672 residences. This is a 70.1% greater inventory than we had in June 2023. The current inventory supply is 7.9 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a buyer’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 June 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 June 2024 Market Report

St Lucie County Single Family Homes June 2024 Market Report

07.29.24 by

St Lucie County Single Family Homes June 2024 Market Report

The June 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 and high mortgage rates. Closed sales were down by 12.9% for the month compared to the previous year (in May they were up by 1.6%). New sales under contract (new pending sales) decreased by 5.5% (they were down by 4.1% last month).

Prices were higher for June when compared to last year.  The median sales price was up by 4.7% (was up by 2.6% in May).  The average sales price was up by 1.2% (it was up by 10.2% in May).

The number of available homes for sale increased by 91 homes to 2,153.  This inventory is 89.7% greater than last year.  The current supply of homes is 4.7 months (it was 2.3 months for 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 June 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 June 2024 Market Report

Martin County Townhouses and Condos June 2024 Market Report

07.26.24 by

Martin County Townhouses and Condos June 2024 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 23.9%.  They were up by 21.1% in May.  New sales under contract (new pending sales) were down 13.1% from last year.  They were down by 18.4% in May.

Prices were down for June.  The median sales price decreased by 5.5% (was down by 1.7% last month). And, the average sales price decreased by 10.2% (was down by 11.6% in May).

The available townhouses and condos inventory decreased by 30 units to 531 properties.  This is an 85.0% greater supply of inventory than we had in June 2023.  Currently, there’s a 6.2-month supply of inventory (compared to 3.3 months for June 2023).  We remain in 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 June 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 June 2024 Market Report

Florida Townhouses and Condos June 2024 Market Report

07.24.24 by

Florida Townhouses and Condos June 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 face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 20.5% compared to last month’s decrease of 8.6%.  New sales under contract (new pending sales) decreased by 7.9% (In May, there was a 13.8% decrease).

Prices were up for June compared to last year. The median sales price was up by 0.0% for June (also up by 1.5% in May). And the average sales price increased by 2.4% (was up by 3.1% in May).

The inventory of active listings increased by 91.9% from June last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for June 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos June 2024 Market Report
Florida Townhouses and Condos June 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 June 2024 Market Report

Florida Single Family Homes June 2024 Market Report

07.23.24 by

Florida Single Family Homes June 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 11.1% (were down by 0.5% in May). New sales under contract (new pending sales) were down by 2.3% (were down by 1.8% in May).

Prices increased for June when compared to last year.  The (year-to-year) median sales price was up by 1.7% (it was up by 1.6% in May). And, the average sales price was up by 4.7% (it was up by 5.0% last month).

The inventory of available homes for sale increased by 60.1% from last year.  This represents a 4.6-month supply of inventory (June 2023 had a 2.8-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered one with a 6 to 7-month supply of inventory. 

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

Previous Florida real estate market report posts.

Florida Single Family Homes June 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 June 2024 Market Report

 

Oceana Oceanfront and North Condos Real Estate Market Report July 2024

07.15.24 by

Oceana Oceanfront and North Condos Real Estate Market Report July 2024

For July 2024, there are 7 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. The list prices range from $449,000 up to $575,000. This is an average list price of $493,071 which is $484.15 per sq. ft. of living area.

There are no Oceana Oceanside condos currently under contract.

In the past 12 months, 21 Oceana North/Oceanside condos have sold. Sales prices ranged from $300,000 up to $1,200,000. This equals an average sales price of $498,048 which works out to $466.73 per sq. ft. of living space. These condos sold for an average of 98% of the last list price. And, they averaged 82 days on the market before going under contract.

Click here to view the previous Oceana North condo market report!

About the Oceana Oceanfront and North Condos:

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana I was built in 1975 and is a 12-story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units. Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area. Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft. The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle wash areas.

Both buildings share a large clubhouse with a fitness and game room, kitchen and bar, and a large social area. 1 small pet is allowed as well as rentals with a 3-month minimum lease restriction. There are four tennis courts directly across the street as well as 2 RV/Boat parking areas. Trucks are also allowed.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

Condo fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal, and Water.

Oceana North and Oceanfront Condos in Jensen Beach
Search Links:

Click on this link to search for available Oceana North Condos in Jensen Beach

Oceana Oceanfront 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 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.

Oceana Oceanfront and North Condos Real Estate Market Report July 2024

St Lucie County Townhouses and Condos May 2024 Market Report

06.26.24 by

St Lucie County Townhouses and Condos May 2024 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year. Even as we face headwinds with economic uncertainties and higher mortgage rates. Closed sales were down by 8.1% from last year (they were up by 4.0% in April). New pending sales were down by 28.4% (they were up by 17.7% last month).

Prices were down for May. The median price decreased by 2.3% from last year (was up by 4.9% in April) and the average sales price decreased by 7.3% (was up by 8.7% in April).

The available townhouses and condos inventory increased by 18 units from last month to 694 residences. This is an 85.1% greater inventory than we had in May 2023. The current inventory supply is 7.9 months, as compared to 4.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market has now entered a buyer’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 May 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 May 2024 Market Report

St Lucie County Single Family Homes May 2024 Market Report

06.25.24 by

St Lucie County Single Family Homes May 2024 Market Report

The May 2024 St Lucie County Single Family real estate market showed slightly stronger sales activity when compared to last year. We continue to face headwinds with economic uncertainties and high mortgage rates. Closed sales were up by 1.6% for the month compared to the previous year (in April they were up by 4.6%). New sales under contract (new pending sales) decreased by 4.1% (they were down by 2.2% last month).

Prices were higher for May when compared to last year.  The median sales price was up by 2.6% (was up by 6.2% in April).  The average sales price was up by 10.2% (it was up by 10.3% in April).

The number of available homes for sale increased by 9 homes to 2,062.  This inventory is 76.1% greater than last year.  The current supply of homes is 4.4 months (it was 2.4 months for 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 May 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 May 2024 Market Report

Martin County Townhouses and Condos May 2024 Market Report

06.24.24 by

Martin County Townhouses and Condos May 2024 Market Report

The Martin County Townhouses and Condos real estate market showed stronger sales activity when compared to last year. Even as we continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were up by 21.1%.  They were down by 4.2% in April.  New sales under contract (new pending sales) were down 18.4% from last year.  They were up by 20.4% in April.

Prices were down for May.  The median sales price decreased by 1.7% (was down by 0.8% last month). And, the average sales price decreased by 11.6% (was down by 14.6% in April).

The available townhouses and condos inventory increased by 7 units to 561 properties.  This is an 88.3% greater supply of inventory than we had in May 2023.  Currently, there’s a 6.4-month supply of inventory (compared to 3.5 months for May 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 May 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 May 2024 Market Report

Florida Townhouses and Condos May 2024 Market Report

06.22.24 by

Florida Townhouses and Condos May 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 face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 8.6% compared to last month’s increase of 1.9%.  New sales under contract (new pending sales) decreased by 13.8% (In April, there was a 4.3% decrease).

Prices were up for May compared to last year. The median sales price was up by 1.5% for May (also up by 3.1% in April). And the average sales price increased by 3.1% (was up by 8.2% in April).

The inventory of active listings increased by 91.3% from May last year.  This results in a 7.2-month supply of inventory as compared to a 3.6-month supply for May 2023.  We have slipped into a buyer’s market for Florida townhouse and condo sales after a long period of being in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos May 2024 Market Report
Florida Townhouses and Condos May 2024 Market Report
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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 May 2024 Market Report

Little Ocean Club Hutchinson Island Market Report June 2024

06.22.24 by

Little Ocean Club Hutchinson Island Market Report June 2024

As of June 2024, no condos are on the market in the Little Ocean Club on Hutchinson Island in Stuart FL.

There are also no condos currently under contract.

In the past 12 months, there has been only 1 Little Ocean Club sale. The sales price was $450,000 which is $373.75 per sq. ft. of living area. This condo was on the market for 20 days before going under contract. And, the sales price was 100% of the list price.

Click here to view recent Little Ocean Club market reports!

About the Little Ocean Club Condos on Hutchinson Island:

Little Ocean Place on Hutchinson Island
Google Earth image

The Little Ocean Club Condos of Hutchinson Island in Stuart FL is a small condo community of 25 units built in 1969.  This direct Ocean access condo community features 23 two-bedroom, 2-bath condos with 1,204 sq. ft. of living area and 2 exceptional 3-bedroom, 3-bath units with 1,815 sq. ft. under air.

Little Ocean Club Condos on Hutchinson Island

The little Ocean Club has direct Ocean access across the Dunes and a heated pool.  Reserved parking, as well as overflow parking, is available across the street on A-1-A.  Condo owners in the Little Ocean Club have access to the boat docks in the Anglers Cove community (also across the street).

1 small pet is permitted in the Little Ocean Club and rentals are also allowed.  And, rentals are also allowed with restrictions.

Conveniently located close to the Stuart Causeway, Publix supermarket, and downtown Stuart.

Little Ocean Club Condos on Hutchinson Island
Little Ocean Club Condos on Hutchinson Island

Search here for any Little Ocean Club Condos for Sale

Search for any Little Ocean Club 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.

Little Ocean Club Hutchinson Island Market Report June 2024

Florida Single Family Homes May 2024 Market Report

06.21.24 by

Florida Single Family Homes May 2024 Market Report

The Florida Single Family Home real estate market had slightly 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 0.5% (were up by 5.8% in April). New sales under contract (new pending sales) were down by 1.8% (were up by 0.8% in April).

Prices increased for May when compared to last year.  The (year-to-year) median sales price was up by 1.6% (it was up by 4.9% in April). And, the average sales price was up by 5.0% (it was up by 9.2% last month).

The inventory of available homes for sale increased by 60.5% from last year.  This represents a 4.4-month supply of inventory (May 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 May 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 May 2024 Market Report

 

Beachwood Villas Real Estate Market Report June 2024

06.19.24 by

Beachwood Villas Real Estate Market Report June 2024

For June 2024, there are 4 active listings in the Beachwood Villas of Hutchinson Island.  The list prices range from $549,000 up to $720,000. This equals an average list price of $623,250 which is $558.48 per sq. ft. of living space.

1 Beachwood Villas condo is pending (under contract) at this time. The list price was $699,999 or $591.22 per sq. ft. of living space.

In the past 12 months, no Beachwood Villas have sold.

Click here to view the previous Beachwood Villas market report!

About Beachwood Villas on Hutchinson Island in Stuart FL:

Beachwood Villas on Hutchinson Island in Stuart Florida
Google Earth image

Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two-bedroom, two-bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Beachwood Villas on Hutchinson Island in Stuart Florida

Many units have direct oceanfront views and all of the condos have under-building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

Recent Beachwood Villas sales:

At the time of this writing management and condo fees are approximately $560 per month. Beachwood Villas is a pet-friendly community with two large dogs permitted for owners.

Beachwood Villas on Hutchinson Island in Stuart Florida
Google Earth image

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

Beachwood Villas on Hutchinson Island in Stuart FL

Search here for all available Beachwood Villas for Sale

Beachwood Villas condos for sale on Hutchinson Island in Stuart FL

Additional Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider: 
Angler Cove – Buttonwood – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Maritimes – Ocean View – Sailfish Point – Sandpebble – 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.

Beachwood Villas Real Estate Market Report June 2024

Ballantrae Real Estate Market Report June 2024

06.11.24 by

Ballantrae Real Estate Market Report June 2024

For June 2024, there are 14 homes for sale in the Ballantrae community in the Sandpiper area of Port St Lucie, FL.  The list prices range from $349,900 up to $1,995,000. This works out to an average list price of $757,143 which equals $311.84 per sq. ft. of living area.

There are 3 Ballantrae homes currently under contract which have not closed to date.  The list prices ranged from $699,000 up to $2,585,000. This is an average list price of $1,359,667 or $420.45 per sq. ft. of living space.  These homes were on the market for an average of 45 days before going under contract.

In the past 12 months, there have been 20 Ballantrae home sales.  Sales prices ranged from a low of $374,000 up to $830,000.  This works out to an average sales price of $568,420 which is $263.70 per sq. ft. of living area.  These homes were on the market for an average of 48 days before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Ballantrae market report!

About Ballantrae in Port St. Lucie:

Ballantrae in Port Saint Lucie Florida
Google Earth image

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. On the North Fork of the Saint Lucie River with direct access to the river. The Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river. As a bonus, you can also access Lake Okeechobee and on to the Gulf of Mexico.

Ballantrae in Port Saint Lucie Florida
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There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

Ballantrae in Port Saint Lucie Florida
Google Earth image

In addition to golf and boating, Ballantrae offers tennis, swimming, and fishing. And a Homeowners’ Community Clubhouse which is the center of many community activities.

Search for all Ballantrae Homes for Sale

Ballantrae Homes for Sale in Port St. Lucie 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.

Ballantrae Real Estate Market Report June 2024