Search Results for: st lucie county market report

Hidden River Real Estate Market Report April 2024

04.12.24 by

Hidden River Real Estate Market Report April 2024

There is 1 active listing in Hidden River in Palm City for April 2024.  This home is listed for $1,175,000 which is $570.94 per sq. ft. of living space.

There are also no Hidden River homes under contract at this time.

In the past 12 months, 2 Hidden River homes have sold.  The sales prices were $1,020,000 and $1,305,000. This is an average sales price of $1,162,500 which is $512.63 per sq. ft. of living area.  These sales prices averaged 93% of the list price. And, they went under contract in an average of 130 days after being listed.

Click here to view previous Hidden River market reports!

About the Hidden River Area of Palm City FL:

Hidden River real estate in Palm City Florida
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This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good-sized boats.

Hidden River real estate in Palm City Florida
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This is a non-deed-restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River in Palm City Florida
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Children attend Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High Schools.

Here are some of the benefits of living in Hidden River:

  • Quiet and peaceful community
  • Close to I-95
  • Close to shopping and dining options
  • No HOA fees
  • Open to all ages and pets
  • Plenty of opportunities for fishing, boating, and swimming in the nearby rivers and canals

If you are interested in learning more about Hidden River, please contact the Gabe Sanders real estate team.

Search here for any Hidden River homes for sale

Hidden River real estate in Palm City FL

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

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

Hidden River Real Estate Market Report April 2024

Joes Point Real Estate Market Report April 2024

04.11.24 by

Joes Point Real Estate Market Report April 2024

As of April 2024, there are 2 homes for sale in Joes Point on Hutchinson Island. The list prices are $1,850,000 and $1,950,000. This is an average list price of $1,900,000 which is $625.42 per sq. ft. of living area.

There are no Joes Point homes currently under contract.

In the past 12 months, 3 Joes Point homes have sold. Sales prices ranged from $2,100,000 up to $3,150,000. This is an average sales price of $2,626,667 which equals $662.59 per sq. ft. of living area. These homes averaged 93 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Joes Point market report!

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson Island
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One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula that juts to the northwest into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boater’s paradise.  Abundant fishing is just off the dock or just go a few minutes further for some deep-sea fishing and adventure.

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of October 2019 were under $300 per month and include central water and sewer service.

Joes Point real estate on Hutchinson Island
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Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA-owned beach area.

Joes Point on Hutchinson Island

Search here for any available Joes Point Homes for Sale

Search for Joes Point real estate on Hutchinson Island

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.

Joes Point Real Estate Market Report April 2024

Montego Cove Real Estate Market Report April 2024

04.10.24 by

Montego Cove Real Estate Market Report April 2024

There are 3 condos for sale in Montego Cove in Stuart FL for April 2024. The list prices range from $315,000 up to $349,900. This is an average list price of $333,300 or $221.31 per sq. ft. of living space.

There is only 1 Montego Cove condo under contract at this time. The list price was $400,000 which is $237.67 per sq. ft. of living area. This condo was on the market for 3 days before going under contract.

In the past 12 months, 12 Montego Cove condos have sold.  Sales prices ranged from $260,000 up to $399,900.  This equals an average sales price of $331,062 which is $215.32 per sq. ft. of living area.  These condos averaged 27 days on the market before accepting the final offer. And, they sold for an average of 98% of the list price.

Click here to view the previous Montego Cove market report!

About the Montego Cove Condos in Stuart FL

Montego Cove in Stuart Florida
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Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total of 182 units that are mostly 2 bedrooms, 2-bathroom condos, and a few 3-bedroom condos, and one-bedroom condos.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2-bedroom condos and 1,722 sq. ft. for the 3-bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove Real Estate
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This community offers ample green spaces along with 2 tennis courts, 2 pools, a shuffleboard, and a clubhouse. This is a 55 and over age-restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove Real Estate
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An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities, as well as professional services, are also only a short distance away.

Montego Cove Condos in Stuart FL

The condo fees include the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos 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.

Montego Cove Real Estate Market Report April 2024

The Estuary Real Estate Market Report April 2024

04.10.24 by

The Estuary Real Estate Market Report April 2024

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

Homes

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

There are also no Estuary homes currently under contract.

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

Condos

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

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

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

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

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


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

The Estuary real estate in Stuart FL

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

The Estuary real estate in Stuart FL

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

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

The Estuary real estate search in Stuart FL

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

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

The Estuary Real Estate Market Report April 2024

Hideaway Isles Real Estate Market Report April 2024

04.05.24 by

Hideaway Isles Real Estate Market Report April 2024

As of April 2024, there are no homes available for sale in the Hideaway Isles community of Palm City FL.

There is 1 Hideaway Isles home currently under contract. The list price was $2,500,000 which is $560.79 per sq. ft. of living space.  This home was on the market for 2 days before going under contract.

In the past 12 months, 8 Hideaway Isles homes have sold.  Sales prices ranged from $410,000 up to $1,600,000.  This equals an average sales price of $832,500 which works out to $382.53 per sq. ft. of living area.  These homes sold for an average of 94% of the list price. And, they went under contract in an average of 69 days after being listed.

Click here to view the previous Hideaway Isles market report!

About Hideaway Isles in Palm City FL:

Hideaway Isles real estate in Palm City FL
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Hideaway Isles is a community of a variety of homes where you will surely find something to suit your needs!  Homes range in size from modest two to over five-bedroom homes with plenty of room around the homes for a great opportunity to make your backyard a fantastic weekend getaway. There is a variety of homes in Hideaway Isles that have newer and older designs and ages. However, many homes have completed updates to the inside and outsides that today’s home buyers find so appealing.  Most Hideaway Isles homes are waterfront with deep water docks that can easily access the blue waters of the Atlantic Ocean, only minutes away.

There are no HOA fees in Hideaway Isles and the only property restrictions are those imposed by Martin County.

Hideaway Isles real estate in Palm City FL

Hideaway Isles is located in Palm City. A great place to raise a family because of the “A” rated school system of Martin County. It’s close to I-95 and Florida’s Turnpike which makes it convenient for commuting either north or south.

Hideaway Isles real estate in Palm City FL

Search here for any available Hideaway Homes for sale in Palm City FL

Search for Hideaway Isles real estate in Palm City FL

For more Stuart Florida area real estate information contact me, Gabe Sanders, or search for properties on your own at GabeSanders.com

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

Hideaway Isles Real Estate Market Report April 2024

Beau Rivage Real Estate Market Report April 2024

04.01.24 by

Beau Rivage Real Estate Market Report April 2024

For April 2024, there are 7 homes available for sale in Beau Rivage in Stuart Florida. The list prices range from $399,900 to $2,999,999. This equals an average list price of $1,308,928 or $523.91 per sq. ft. of living area.

There are 3 Beau Rivage homes currently under contract. The list prices ranged from $550,000 up to $2,500,000. This was an average list price of $1,481,667 which is $596.78 per sq. ft. of living space. These homes were on the market for an average of 76 days before going under contract.

In the past 12 months, 12 Beau Rivage homes have sold.  Sales prices ranged from $265,000 up to $1,575,000.  The average sales price was $661,883 which equaled $335.19 per sq. ft. of living area.  These homes averaged 43 days on the market before going under contract. And, they sold for an average of 98% of the last list price.

Click here to view the previous Beau Rivage market report!

About Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates real estate in Stuart Florida
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Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms.

Beau Rivage Estates real estate in Stuart Florida

Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary School, and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Beau Rivage Estates real estate in Stuart Florida
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Search for Beau Rivage Homes for Sale

Search for Beau Rivage homes in Stuart Florida

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.

Beau Rivage Real Estate Market Report April 2024

Rustic Hills Real Estate Market Report March 2024

03.31.24 by

Rustic Hills Real Estate Market Report March 2024

For March 2024, there are 6 homes available for sale in Rustic Hills in Palm City FL.  List prices ranged from $737,000 up to $1,599,555.  This is an average list price is $1,003,492 or $495.68 per sq. ft. of living area.

There are no Rustic Hills homes under contract at this time.

In the past 12 months, 10 Rustic Hills homes have sold.  Sales prices ranged from $540,000 up to $970,000. This average sales price of $706,500 equates to $379.44 per sq. ft. of living space.  Sales prices averaged 95% of the last list price. And, these homes averaged 82 days on the market before going under contract.

Click here to view the previous Rustic Hills market report!

About Rustic Hills in Palm City FL:

Rustic Hills Palm City Boating Community
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Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 homesites geared for families who also enjoy boating. All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks. A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills. Great families and good neighbors through a series of winding one-lane roads that make this neighborhood unique in today’s fast-paced lifestyles. Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even rebuilt to today’s standards.

Rustic Hills Palm City Boating Community
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Recent Rustic Hills home sales:

Truly a ‘rustic’ area, but close to shopping, beaches, and all modern amenities. It is only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Rustic Hills covered bridge

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.  Rustic Hills is an amicable family neighborhood where children are seen playing outside at all times and neighbors take the time to make sure that all is well.

There are some exceptional opportunities for prospective homebuyers in Rustic Hills.

Search for currently available homes in Rustic Hills, Palm City, Florida

Rustic Hills homes for sale in Palm City FL

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.

Rustic Hills Real Estate Market Report March 2024

Lighthouse Point and Seagate Harbor Market Report March 2024

03.29.24 by

Lighthouse Point and Seagate Harbor Market Report March 2024

For March 2024, there are 13 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  List prices range from $729,000 up to $2,550,000.  This is an average list price of $1,389,462 which equals $637.90 per square foot of living area.

There are no Lighthouse Point and Seagate Harbor homes currently under contract.

16 Lighthouse Point and Seagate Harbor homes have been sold in the past 12 months.  Sales prices ranged from $605,000 up to $2,750,000.  This works out to an average sales price of $1,286,119 which equals $595.43 per square foot of living area.  These homes were on the market for an average of 89 days before going under contract. And, they sold for an average of 94% of the list price.

Click here for the previous Lighthouse Point and Seagate Harbor market report!

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL

A true boater’s and sailor’s delight in an affordable waterfront niche community with deep water dockage! With, families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A-Rated schools!

Lighthouse Point and Seagate Harbor in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deepwater canals. Additionally, some select homes come with wide views of the Saint Lucie River. There is a community boat ramp also available providing everything a boater would ever want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get-togethers throughout the year. Additionally, these two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high spans 60’ +). Furthermore, these canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in a major transformation. Currently, many larger and newer homes are replacing the smaller homes of the previous era.

So, those of you looking for an affordable waterfront in the Martin County area may want to act sooner rather than later as current prices have been rising rapidly.

Search for available homes in Lighthouse Point and Seagate Harbor

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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.

Lighthouse Point and Seagate Harbor Market Report March 2024

South Fork Estates Real Estate Market Report March 2024

03.27.24 by

South Fork Estates Real Estate Market Report March 2024

There are no homes for sale in the South Fork Estates in Stuart FL for March 2024.

There are 2 South Fork Estates homes under contract at this time. The list prices were $899,900 and $975,000. This equals an average list price of $937,450 or $336.37 per square foot of living area. These homes were on the market for an average of 17 days before going under contract.

In the past 12 months, there have been 2 South Fork Estates home sales.  Sales prices were $699,000 and $925,000.  This works out to an average sales price of $812,000 which is $363.63 per square foot of living area.   These homes averaged 48 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here for the previous South Fork Estates market report!

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart Florida
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A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart Florida
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There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3-car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart Florida
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Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates is a great community to call home.

Search for homes for sale in South Fork Estates

Search for South Fork Estates homes for sale

Recent market reports:

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

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

South Fork Estates Real Estate Market Report March 2024

Martin County Townhouses and Condos February 2024 Market Report

03.26.24 by

Martin County Townhouses and Condos February 2024 Market Report

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

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

The available townhouses and condos inventory increased by 40 units to 548 properties.  This is a 77.9% greater supply of inventory than we had in February 2023.  Currently, there’s a 6.3 months supply of inventory (compared to 3.6 months for February 2023).  We’ve re-entered a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos February 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos February 2024 Market Report

Martins Crossing Real Estate Market Report March 2024

03.26.24 by

Martins Crossing Real Estate Market Report March 2024

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

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

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

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

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

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

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

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Real Estate Market Report March 2024

Martin County Single Family Homes February 2024 Market Report

03.25.24 by

Martin County Single Family Homes February 2024 Market Report

The Martin County Single Family Homes Market Report showed strong sales activity when compared to last year. Even as we face some economic uncertainties, mortgage rates appear to have peaked and started to decline. Closed sales were up by 34.7% from last year (they were down by 5.3% in January). At the same time, new pending sales increased by 2.5% compared to last year (which increased by 9.0% last month).

Prices were higher for February as compared to last year.  The median sales price increased from last year by 20.4% (down by 0.7% in January) while the average sales price increased by 5.9% (up by 56.2% last month).

The inventory of available single-family homes increased by 41 homes to 677. This is a 31.5% greater inventory than last February.  The current supply of homes is 4.1 months.  For February of last year, it was 3.3 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.

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

Martin County Single Family Homes February 2024 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 2024 Market Report

Florida Townhouses and Condos February 2024 Market Report

03.22.24 by

Florida Townhouses and Condos February 2024 Market Report

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

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

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

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

Florida Townhouses and Condos February 2024 Market Report
Florida Townhouses and Condos February 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

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

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

Florida Townhouses and Condos February 2024 Market Report

Banyan House Real Estate Market Report March 2024

03.22.24 by

Banyan House Real Estate Market Report March 2024

For March 2024, there are 6 condos for sale in the Banyan House condo community of Stuart FL.  The list prices range from $325,000 to $359,900. This works out to an average list price of $338,633 which equals $247.18 per sq. ft. of living area. 

There is 1 Banyan House condo currently under contract. The list price was $339,000 or $247.45 per sq. ft. of living space.

In the past 12 months, 7 Banyan House condos have sold.  Sales prices ranged from $249,000 up to $390,000. This is an average sales price of $277,857 which works out to $202.81 per sq. ft. of living area.  These condos averaged 17 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Banyan House market report!

About the Banyan House Condos in Stuart FL:

Banyan House condos in Stuart Florida
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Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House condos in Stuart Florida
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The Banyan House complex residents enjoy a heated pool, 2 tennis courts, and a clubhouse as their amenities.  All ages are welcome and up to 1 medium-sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves, and management services.

Children living in Banyan House currently attend the JD Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.

Banyan House Condos in Stuart FL

This community is much sought after because of its excellent location as well as being well-run and well-managed.  Condos tend to sell very quickly when they come on the market. 

Banyan House Condos in Stuart FL

Search here for any current listings in the Banyan House Condo Complex.

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.

Banyan House Real Estate Market Report March 2024

Florida Single Family Homes February 2024 Market Report

03.21.24 by

Florida Single Family Homes February 2024 Market Report

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

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

The inventory of available homes for sale increased by 36.5% from last year.  This represents a 3.9 months supply of inventory (February 2023 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

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

Previous Florida real estate market report posts.

Florida Single Family Homes February 2024 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes February 2024 Market Report

 

Oak Ridge Real Estate Market Report March 2024

03.15.24 by

Oak Ridge Real Estate Market Report March 2024

For March 2024, there are 4 homes available for sale in Oak Ridge in Palm City, FL. The list prices range from $569,000 up to $699,000. This is an average list price of $613,225 which is $300.99 per sq. ft. of living area.

There is only 1 Oak Ridge home currently under contract and awaiting settlement. The list price was $750,000 or $314.07 per sq. ft. of living space. This home was on the market for 6 days before going under contract.

10 Oak Ridge homes have sold in the past 12 months.  Sale prices ranged from $512,400 up to $802,000.  The average sales price was $642,040 which equals $297.08 per sq. ft. of living area.  These homes went under contract in an average of 32 days after being listed. And, they sold for an average of 98% of the list price.

Click here for the previous Oak Ridge market report!

About Oak Ridge in Palm City FL:

Oak Ridge in Palm City FL
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Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95, and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts, and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager, and Reserve Funds.

Oak Ridge real estate in Palm City FL
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Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Oak Ridge real estate in Palm City FL
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Other nearby amenities include lots of great shopping and easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

Currently available homes for sale in Oak Ridge and the Estates of Oak Ridge

Oak Ridge in Palm City FL home search

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.

Oak Ridge Real Estate Market Report September 2022

Bay Pointe Real Estate Market Report March 2024

03.12.24 by

Bay Pointe Real Estate Market Report March 2024

There is 1 home for sale in the Bay Pointe community in Palm City FL for March 2024. The list price is $2,549,000 which equates to $589.23 per sq. ft. of living area.

There are also no Bay Pointe homes currently under contract.

In the past 12 months, 2 Bay Pointe homes have sold.  The sales prices were $850,000 and $3,200,000. This works out to an average sales price of $2,025,000 which is $509.91 per sq. ft. of living space.  These homes were on the market for an average of 27 days before going under contract. And, they sold for 93% of the list price.

Click here to view the previous Bay Pointe market report!

About Bay Pointe in Palm City, Florida:

Bay Pointe in Palm City Florida
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Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida.  This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River.  An additional 11 non-waterfront homes and homesites enjoy the amenities of this private community.  Even the non-waterfront homes have access to docks with a community pier located on the south side of the community.


It is located with a large private preserve area to the south and west and enjoys magnificent wide water views to the east.  Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home.


Close to parks, beaches, shopping, and boasting the ‘A’ rated school system of Martin County.  Current school assignments for Bay Pointe are the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Bay Pointe in Palm City Florida
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Search for Bay Pointe Homes for Sale

Recent market reports:

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

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

Bay Pointe Real Estate Market Report March 2024

Moon River Real Estate Market Report March 2024

03.11.24 by

Moon River Real Estate Market Report March 2024

As of March 2024, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

There is 1 Moon River home currently pending (under contract). The list price was $759,900 which equals $315.18 per sq. ft. of living space. This home was on the market for 28 days before going under contract.

There have been 2 Moon River home sales in the past 12 months. The sales prices were $450,000 and $699,900. This is an average sales price of $572,450 which is $296.61 per sq. ft. of living area. These homes were on the market for an average of 37 days prior to going under contract. And, they sold for an average of 94% of the last list price.

Click here to view recent Moon River market reports!

About Moon River in Jensen Beach Florida:

Moon River real estate in Jensen Beach Florida
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Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River real estate in Jensen Beach Florida
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Home sizes range from 3-bedroom, 3-bathroom two-story homes with over 2.700 sq. ft. of living area down to 2-bedroom, 2-bathroom, 1-story homes with just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few offering covered parking for up to 4 cars. 

This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 

Moon River real estate in Jensen Beach Florida

Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants, and the remaining wonderful amenities that Martin County has to offer.

Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

Moon River in Jensen Beach on Hutchinson Island
Moon River in Jensen Beach on Hutchinson Island

The current Martin County Schools for Moon River are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the current listings in Moon River in Jensen Beach

 For any questions you may have about the March 2024 Market Report for Moon River in Jensen Beach, please call or email Gabe Sanders at 772-888-2885 or Contact Him Here

Jensen Beach Florida Real Estate

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

Moon River Real Estate Market Report March 2024

Sandpebble Real Estate Market Report March 2024

03.09.24 by

Sandpebble Real Estate Market Report March 2024

Here’s your March 2024 market report for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are currently 9 condos available for sale in Sandpebble. The list prices range from $450,000 up to $768,080. This is an average list price of $595,442 which is $492.47 per sq. ft. of living area. 

There are 3 Sandpebble condos currently under contract. The list prices ranged from $559,000 to $749,000. This works out to an average list price of $644,333 or $494.90 per sq. ft. of living space. 

In the past 12 months, 8 Sandpebble condos have sold.  Sales prices ranged from $390,000 up to $790,000.  This is an average sales price of $561,875 which works out to $472.34 per sq. ft. of living area.  These sales averaged 97% of the list price. And, they went under contract in an average of 52 days after being listed.

View the previous Sandpebble condo market report here!

About the Sandpebble Condos on Hutchinson Island in Stuart FL:

Sandpebble Condos on Hutchinson Island
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On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County.  Located on pristine 37 acres that reach from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 riverside and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first-come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

Sandpebble Condos on Hutchinson Island
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On the spacious grounds, there is plenty of green space for outdoor activities, two hard court tennis courts, and a fully-equipped clubhouse with a kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their units.

Sandpebble Condos on Hutchinson Island

Construction of the Sandpebble complex began in 1982.  Recently all buildings were completely refurbished with metal roofs.  Other renovations included Hardi-Plank replacement for exterior wood surfaces and complete concrete (re-bar) restoration.  Also completed was the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping, and the painting of all the buildings.

Sandpebble Condo on Hutchinson Island

Current Sandpebble Condos for Sale

The Gabe Sanders real estate team

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

Sandpebble Real Estate Market Report March 2024

The River Club Real Estate Market Report March 2024

03.07.24 by

The River Club Real Estate Market Report March 2024

As of March 2024, there are 2 condos for sale in the River Club in Jensen Beach FL.  The list prices are $289,900 and $319,000. This is an average list price of $304,450 or $265.96 per sq. ft. of living area.

There is only 1 River Club condo currently under contract. The list price was $299,900 which is $245.82 per sq. ft. of living area. This condo was on the market for 5 days before going under contract.

In the past 12 months, 9 River Club condos have sold. Sales prices ranged from $263,000 up to $390,000.  This is an average sales price of $299,000 which works out to $260.76 per sq. ft. of living area.  These condos sold for an average of 96% of the last list price. And, they went under contract in an average of 88 days after being listed.

Click here to view the previous River Club market report!

About The River Club of Martin County:

The River Club of Jensen Beach
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The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980.  There are 15 buildings with 188 total condos all of which are 2 bedrooms and 2 bathrooms.  These are all two-story buildings.  There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas.  Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River.  This attractive community has a 50-slip marina that is run by a separate dock association.  To own a slip in the River Club, one must be a condo owner.  Tenants and owners do have the opportunity to rent slips should they be available for lease.

Owners enjoy excellent amenities including a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including Wi-Fi) included in the condo fees.  The condo fees as of May 2019 are $326 a month.

All ages are welcome in the River Club but no pets are allowed.  And, rentals are allowed with some restrictions as to duration and length of unit ownership.  Additionally, no commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

Community Pool of the River Club

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.  We don’t think you will be disappointed.

fountain of the the River Club

Search here for any River Club condos for sale

Recent market reports:

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

For the latest market reports for Martin County, Saint Lucie County, and the State of Florida you can select this link.

The River Club Real Estate Market Report March 2024