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Florida Townhouses and Condos September 2023 Market Report

Florida Townhouses and Condos September 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 0.2% compared to last month’s decrease of 7.2%.  New sales under contract (new pending sales) decreased by 0.6% (In August, there was a 11.0% decrease).

Prices were up for September compared to last year. The median sales price was up by 5.8% for September (was up by 6.2% in August). And the average sales price increased by 4.7% (was up by 10.8% in August).

The inventory of active listings increased by 36.4% from September last year.  This results in a 4.1-month supply of inventory as compared to 2.3 months for September 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos September 2023 Market Report
Florida Townhouses and Condos September 2023 Market 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 September 2023 Market Report

Montego Cove Real Estate Market Report October 2023

Montego Cove Real Estate Market Report October 2023

There are no condos for sale in Montego Cove in Stuart FL for October 2023.

There are 3 Montego Cove condos under contract at this time. The list prices ranged from $310,000 up to $329,000. This is an average list price of $318,000 which is $211.15 per sq. ft. of living area. These condos were on the market for an average of 38 days before going under contract.

In the past 12 months, 13 Montego Cove condos have sold.  Sales prices ranged from $225,000 up to $375,000.  This equals an average sales price of $315,346 which is $203.93 per sq. ft. of living area.  These condos averaged 40 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 October 2023

Florida Single Family Homes September 2023 Market Report

Florida Single Family Homes September 2023 Market Report

The Florida Single Family Home real estate market continues to show some improved sales activity when compared to last year. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 6.1% (were down by 7.9% in August). New sales under contract (new pending sales) were down by 0.1% (were down by 11.7% in August).

Prices increased slightly for September when compared to last year.  The (year-to-year) median sales price was up by 1.3% (it was up by 2.0% in August). And, the average sales price was up by 7.5% (it was up by 3.7% last month).

The inventory of available homes for sale increased by 4.0% from last year.  This represents a 3.2-month supply of inventory (September 2022 had a 2.5-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 September 2023 Market 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 September 2023 Market Report

 

Admiral Real Estate Market Report October 2023

Admiral Real Estate Market Report October 2023

For October 2023, there is only 1 condo available for sale in the Admiral on Hutchinson Island in Jensen Beach FL. The list price is $749,000 which is $543.94 per sq. ft. of living area.

There are no Admiral condos currently under contract.

In the past 12 months, 8 Admiral condos have sold.  Sales prices ranged from $635,000 up to $1,350,000.  This is an average sales price of $800,625 which equals $528.98 per sq. ft. of living area.  These condos went under contract in an average of 73 days after being listed.  They sold for an average of 96% of the list price.

Click here to view the previous Admiral market report!

About the Admiral Condominium on Hutchinson Island at Island Dunes:

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

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

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

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

Island Dunes

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

Search Links:

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

Search for Admiral condo real estate on Hutchinson Island

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

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

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

Admiral Real Estate Market Report October 2023

800 Place Real Estate Market Report October 2023

800 Place Real Estate Market Report October 2023

For October 2023, there are 2 condos available for sale in 800 Place in Stuart FL. The list prices are $198,000 and $255,000. This is an average list price of $226,500 which works out to $252.09 per sq. ft. of living area.

There are no 800 Place condos currently under contract.

In the past 12 months, 10 800 Place condos have sold.  Sales prices ranged from $135,000 up to $255,000. This equals an average sales price of $208,550 which equals $226.15 per sq. ft. of living area.  These condos went under contract in an average of 21 days after being listed. And, they sold for an average of 96% of the list price.

Click here to view the previous 800 Place market report!

About the 800 Place Condos in Stuart FL:

800 Place Condos in Stuart Florida
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The village of 800 Place in Stuart FL is conveniently located just North of Stuart’s Roosevelt Bridge on Fork Road.  Easy access to historic downtown Stuart as well as all the convenient areas for shopping and restaurants located off US-1 in North Stuart and Jensen Beach.

800 Place has both 2 Bedroom, 2 Bathroom condos and 1 Bedroom 1 & ½ Bath and 1 Bedroom 1 Bath units.  Interior sizes range from 1,068 sq. ft. down to 723 sq. ft.  All ages are welcome and one pet up to 50 lbs. is permitted.  Each unit has 1 reserved parking space and there are numerous guest spaces for additional vehicles.  Pickup trucks are allowed to be parked overnight in this complex, one of the very few that allow these in Martin County.

Children who live in 800 Place are zoned to attend Felix Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Amenities include a clubhouse with a kitchen, meeting facilities, game room and exercise equipment.  A tennis and shuffleboard court and a community pool.  Maintenance fees run from $305 to $400 per month depending on the size of the condo.  These fees include the use of the common area, building insurance, maintenance, cable TV, landscaping, water and sewer, trash pickup and exterior pest control.

For those on a limited budget, the Village of 800 Place may be just the right place.

Currently available 800 Place Condos

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.

800 Place Real Estate Market Report October 2023

The Princess Real Estate Market Report October 2023

The Princess Real Estate Market Report October 2023

As of October 2023, there are 2 condos available for sale in the Princess of Hutchinson Island.  The list prices are $575,000 and $775,000. This is an average list price of $675,000 or $402.03 per sq. ft. of living area.

There is 1 Princess condo currently under contract.  The list price was $850,000 which equals $495.34 per sq. ft. of living area.  This condo was on the market for 10 days prior to going under contract.

In the past 12 months, 11 Princess condos have sold. Sales prices ranged from $450,000 up to $828,000.  This is an average sales price of $557,500 which works out to an average of $402.64 per sq. ft. of living area.  These condos were on the market for an average of 81 days before going under contract. And, sold for an average of 97% of the last list price.

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

About the Princess of Hutchinson Island Condos:

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

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

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

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

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

The Princess condos on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasRegencySand Dollar ShoresSea WindsVilla del Sol

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

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

The Princess Real Estate Market Report October 2023

Joes Point Real Estate Market Report October 2023

Joes Point Real Estate Market Report October 2023

As of October 2023, there is 1 home for sale in Joes Point on Hutchinson Island. The list price is $2,325,000 which is $704.55 per sq. ft. of living area.

There are no Joes Point homes currently under contract.

In the past 12 months, 2 Joes Point homes have sold. Sales prices were $1,995,000 and $3,195,000. This is an average sales price of $2,595,000 which equals $742.82 per sq. ft. of living area. These homes averaged 9 days on the market before going under contract. And, they sold for an average of 95% 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 October 2023

Atlantis Real Estate Market Report October 2023

Atlantis Real Estate Market Report October 2023

In October 2023, there is 1 condo on the market in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL. The list price is $425,000 which is $403.61 per sq. ft. of living area.

There are no Atlantis condos currently under contract.

In the past 12 months, 3 Atlantis condos have sold.  Sales prices ranged from a low of $440,000 up to a high of $470,000.  Making for an average sales price of $451,667 or $428.93 per sq. ft. of living area.  These condos were on the market for an average of 57 days before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Atlantis condo market report!

About Atlantis Condos:

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

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

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

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

Atlantis Condos on Hutchinson Island in Jensen Beach

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

Search for Atlantis Condos on Hutchinson Island for Sale

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

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

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

Atlantis Real Estate Market Report October 2023

Renar River Place Real Estate Market Report September 2023

Renar River Place Real Estate Market Report September 2023

For September 2023 there are no condos for sale in Renar River Place in downtown Jensen Beach FL.

There are also no Renar River Place condos currently under contract.

In the past 12 months, 1 Renar River Place condo has sold. The sales price was $380,000 which equals $248.04 per sq. ft. of living area. This condo was on the market for 115 days before going under contract. And, the sales price was 90% of the last list price.

View the previous Renar River Place market report here

About Renar River Place in Downtown Jensen Beach FL:

Renar River Place in Jensen Beach Florida
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Renar River Place condos for sale:

One of the few newer condo communities in Martin County.  Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach roundabout and causeway to Hutchinson Island.  There are also some townhouse-style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Recent Renar River Place sales:

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach.  HOA fees vary by the size of the condo and location, so please call us for the latest cost.  This community is open to all ages and pets are also welcomed.  For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

Renar River Place real estate in Jensen Beach Florida

Search here for Renar River Place 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.

Renar River Place Real Estate Market Report September 2023

Palm Cove Real Estate Market Report September 2023

Palm Cove Real Estate Market Report September 2023

There is 1 home listed in the Palm Cove Yacht and Golf Club for September 2023 in Palm City, Florida. The list price is $819,000 which is $297.82 per square foot of living area.

There are no Palm Cove homes currently under contract.

In the past 12 months, 5 Palm Cove homes have sold. The sales prices ranged from $570,000 up to $1,345,000.  This is an average sales price of $1,047,400 or $346.90 per square foot of living area.  These homes were on the market for an average of 9 days prior to going under contract. And, the sales prices averaged 98% of the list price.

View previous Palm Cove market reports here!

About the Palm Cove Yacht and Golf Club:

Palm Cove Golf and Yacht Club real estate in Palm City FL
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Palm Cove homes for sale:

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, and fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Palm Cove Golf and Yacht Club real estate in Palm City FL

This magnificent community boasts a championship Chi Chi Rodrigues-designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93-slip-deep water marina with docks available for over 50’ vessels.

Palm Cove Golf and Yacht Club real estate in Palm City FL

There’s a magnificent clubhouse located riverside by the marina.  Residents enjoy 24-hour security from the manned gated entrance.  The Palm Cove Golf and Yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled remotely from the main security gate.

Recent Palm Cove home sales:

More information about Palm Cove:

In the main section, are the estate homes, townhomes at Island Creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms, and 3 car garages.  Homeowner Association (HOA) fees vary from section to section.  For a complete list of fees, please give us a call.

Palm Cove Golf and Yacht Club

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants, and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High.

Carriage Hill Condos of Palm Cove

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions, you may have about the Palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

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

Palm Cove Real Estate Market Report September 2023

Evergreen Real Estate Market Report September 2023

Evergreen Real Estate Market Report September 2023

There are 6 homes on the market in the Evergreen Community in Palm City FL for September 2023. The list prices range from $739,000 up to $1,299,000. This is an average list price of $977,833 which is $335.58 per sq. ft. of living area.

There is 1 Evergreen home currently under contract. The list price was $839,000 or $356.41 per sq. ft. of living area. This home was on the market for 15 days before going under contract.

In the past 12 months, 15 Evergreen homes have sold.  Sales prices ranged from $610,000 up to $1,200,000.  This works out to an average sales price of $830,233 which equals $308.16 per sq. ft. of living area.  These homes sold for an average of 98% of the list price.  And, these homes averaged 62 days on the market before going under contract.

View the previous Evergreen market report here!

About the Evergreen Community Palm City Florida:

Evergreen real estate in Palm City Florida
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Evergreen homes for sale:

Nestled in a secluded corner of Palm City, the Evergreen community is an elegant gated HOA that its residents love to call home.  This community is close to it all; ‘A’ rated schools, boat ramps, theatres, fantastic local restaurants, shopping, and beautiful beaches!

Evergreen real estate in Palm City Florida
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The Evergreen community is known for its 18-hole championship golf course, the Crane Watch Club at Evergreen, which does not require an expensive membership to play.  Every home is unique and will be sure to have something special about it that will charm you.  Located on a beautiful 520-acre parcel, each of the 299 homes features at least one acre of land for a spacious uncrowded feeling!  Enjoy all the beautiful Florida sights that the Evergreen community has to offer, you may find yourself rarely wanting to leave home!  Golf club membership is not mandatory but if you are a member of the Crane Watch Club, you will enjoy full golf privileges, dining privileges, and fun social events. There are no dining minimums, no assessments, or large down payments.

Recent Evergreen home sales:

Homes on the Northside of the Evergreen community back up to the C-24 canal, a navigable body of water unfortunately without ocean access.  Though, it can be an excellent spot for water skiing or an easy kayak ride.

Evergreen real estate in Palm City Florida

Search for Evergreen Community Real Estate

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Martin County, Saint Lucie County, and the State of Florida Market Reports

Evergreen Real Estate Market Report September 2023

Sandpebble Real Estate Market Report September 2023

Sandpebble Real Estate Market Report September 2023

Here’s your September 2023 market report for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are currently 3 condos currently available for sale in Sandpebble. The list prices range from $475,000 up to $585,000. This is an average list price of $516,333 which is $469.52 per sq. ft. of living area. 

There are no Sandpebble condos currently under contract.

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 $565,000 which works out to $475.37 per sq. ft. of living area.  These sales averaged 96% of the list price. And, they went under contract in an average of 54 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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Sandpebble condos for sale:

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).

Recent Sandpebble condo sales:

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 own 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 September 2023

De La Bahia Real Estate Market Report September 2023

De La Bahia Real Estate Market Report September 2023

For September 2023, there are 7 condos available for sale in de la Bahia in Stuart FL. The list prices range from $235,000 up to $379,900. This works out to an average list price of $288,443 which equals $343.16 per sq. ft. of living area.

There is only 1 de la Bahia condo currently under contract.  The list price was $279,900 or $341.34 per sq. ft. of living area.  This condo was on the market for 69 days prior to going under contract.

In the last 12 months, 15 de la Bahia condos have sold.  Sales prices ranged from $169,000 up to $310,000.  The average sales price was $228,433 which works out to $286.57 per sq. ft. of living area.  These condos sold for an average of 94% of the list price. And, they went under contract in an average of 70 days after going on the market.

View the last de la Bahia waterfront condos market report here!

About the de la Bahia Community in Stuart FL:

De la Bahia real estate in Stuart Florida
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De la Bahia condos for sale:

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

Recent De la Bahia condo sales:

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath, and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, and Water.

De la Bahia real estate in Stuart Florida
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This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

De la Bahia real estate in Stuart Florida

The de la Bahia condominium complex is made up of 303 attractive and desirable residences.  231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock.  Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

de la Bahia Waterfront Condos
de la Bahia Waterfront Condos

Additional de la Bahia information:

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

de la Bahia Waterfront Condos

The Yacht Club has monthly meetings with guest speakers, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials.  In the past few years, the association has sponsored a 3 to 5-day cruise in January. Membership is open to de la Bahia renters and owners only.  Boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

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.

De La Bahia Real Estate Market Report September 2023

Banyan House Real Estate Market Report September 2023

Banyan House Real Estate Market Report September 2023

For September 2023, there are no condos for sale in the Banyan House condo community of Stuart FL

There are also no Banyan House condos currently under contract.

In the past 12 months, 8 Banyan House condos have sold.  Sales prices ranged from $245,000 up to $325,000. This is an average sales price of $265,625 which works out to $193.89 per sq. ft. of living area.  These condos averaged 39 days on the market before going under contract. And, they sold for an average of 99% 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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Banyan House condos for sale:

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.

Recent sales in Banyan House:

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 September 2023

Martin County Townhouses and Condos August 2023 Market Report

Martin County Townhouses and Condos August 2023 Market Report

The Martin County Townhouses and Condos real estate market showed slightly improved closed activity when compared to last year. Even as we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 4.4%.  They were up by 30.8% in July.  New sales under contract (new pending sales) were down by 19.2% from last year.  They were up by 2.2% in July.

Prices were mixed for August.  The median sales price decreased by 4.4% (was up by 2.9% last month). And, the average sales price increased by 4.8% (was up by 42.1% in July).

The available townhouses and condos inventory increased by 11 units to 291 properties.  This is a 55.0% greater supply of inventory than we had in August 2022.  Currently, there’s a 3.3-month supply of inventory (compared to 2.1 months for August 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos August 2023 Market 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 August 2023 Market Report

Martin County Single Family Homes August 2023 Market Report

Martin County Single Family Homes August 2023 Market Report

The Martin County Single Family Homes Market Report showed weaker closed activity compared to last year. As we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Even the inventory declined for August. This is the first decline in over a year. Closed sales were down by 12.3% from last year (they were up by 25.0% in July). At the same time, new pending sales decreased by 15.7% compared to last year (which decreased by 6.4% last month).

Prices were down for August as compared to last year.  The median sales price decreased from last year by 12.9% (up by 8.0% in July) while the average sales price decreased by 7.8% (up by 44.0% last month).

The inventory of available single-family homes decreased by 11 homes to 462. This is a 5.7% smaller inventory than last August.  The current supply of homes is 2.9 months.  For August of last year, it was 2.6 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 August 2023 Market 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 August 2023 Market Report

Moon River Real Estate Market Report September 2023

Moon River Real Estate Market Report September 2023

As of early September 2023, there is 1 home for sale in Moon River on Hutchinson Island in Jensen Beach FL. The list price is $749,900 which equals $311.03 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There has been 1 Moon River home sale in the past 12 months. The sales price was $450,000 or $306.33 per sq. ft. of living area. This home was on the market for 7 days prior to going under contract. And, it sold for 101% 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 homes for sale:

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 actually offering covered parking for up to 4 cars. 

Recent sales in Moon River:

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 September 2023 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 September 2023

Florida Townhouses and Condos August 2023 Market Report

Florida Townhouses and Condos August 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.2% compared to last month’s decrease of 9.4%.  New sales under contract (new pending sales) decreased by 11.0% (In July, there was a 4.8% decrease).

Prices were up for August compared to last year. The median sales price was up by 6.2% for August (was up by 4.6% in July). And the average sales price increased by 10.8% (was up by 3.9% in July).

The inventory of active listings increased by 30.6% from August last year.  This results in a 3.8-month supply of inventory as compared to 2.2 months for August 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos August 2023 Market Report
Florida Townhouses and Condos August 2023 Market 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 August 2023 Market Report

Florida Single Family Homes August 2023 Market Report

Florida Single Family Homes August 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year. After numerous months of rising inventory, August showed unchanged numbers. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.9% (were down by 6.4% in July). New sales under contract (new pending sales) were down by 11.7% (were down by 0.8% in July).

Prices increased slightly for August when compared to last year.  The (year-to-year) median sales price was up by 2.0% (it was up by 0.7% in July). And, the average sales price was up by 3.7% (it was up by 2.2% last month).

The inventory of available homes for sale increased by only 0.2% from last year.  This represents a 3.0-month supply of inventory (August 2022 had a 2.4-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 August 2023 Market 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 August 2023 Market Report

 

Bay Pointe Real Estate Market Report September 2023

Bay Pointe Real Estate Market Report September 2023

There are no homes for sale in the Bay Pointe community in Palm City FL for September 2023.

There are also no Bay Pointe homes currently under contract.

In the past 12 months, only 1 Bay Pointe home has sold.  The sales price was $3,200,000 which is $702.06 per sq. ft. of living space.  This home was on the market for 12 days before going under contract. And, they sold for 92% 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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Bay Pointe homes for sale:

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.


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.

Recently sold homes in Bay Pointe:


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 September 2023