Search Results for: st lucie county market report

Martin County Townhouses and Condos March 2023 Market Report

04.24.23 by

Martin County Townhouses and Condos March 2023 Market Report

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

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

The available townhouses and condos inventory decreased by 19 units to 289 properties.  This is a 147.0% greater supply of inventory than we had in March 2022.  Currently, there’s a 3.3 months supply of inventory (compared to 1.0 months for March 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Martin County Townhouses and Condos March 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos March 2023 Market Report

Martin County Single Family Homes March 2023 Market Report

04.23.23 by

Martin County Single Family Homes March 2023 Market Report

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

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

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

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

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

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

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

Martin County Single Family Homes March 2023 Market Report

Florida Townhouses and Condos March 2023 Market Report

04.22.23 by

Florida Townhouses and Condos March 2023 Market Report

Florida Townhouses and Condos market report continue to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 23.5% compared to last month’s decrease of 30.2%.  New sales under contract (new pending sales) decreased by 19.3% (In February, there was a 24.2% decrease).

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

The inventory of active listings increased by 107.6% from March last year.  This results in 3.4 months supply of inventory as compared to 1.2 months for March 2021.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Florida Townhouses and Condos March 2023 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos March 2023 Market Report

Florida Single Family Homes March 2023 Market Report

04.21.23 by

Florida Single Family Homes March 2023 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 15.0% (were down by 21.3% in February). New sales under contract (new pending sales) were down by 12.0% (were down by 11.6% in February).

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

The inventory of available homes for sale increased by 115.8% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (March 2021 had a 1.0 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes March 2023 Market Report
Download/View the full report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes March 2023 Market Report

 

The Estuary Real Estate Market Report April 2023

04.21.23 by

The Estuary Real Estate Market Report April 2023

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2023 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, 7 Estuary homes have sold.  Sales prices ranged from $440,000 up to $785,000.  This equals an average sales price of $533,571 which works out to $275.08 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 67 days.

Condos

There are no condos currently for sale in the Estuary.

There is 1 Estuary condo currently under contract. The list price was $254,900 which is $237.34 per sq. ft. of living area. This condo was on the market for 46 days before going under contract.

In the past 12 months, 6 Estuary condos have sold.  Sales prices ranged from $300,000 up to $420,000.  This equals an average sales price of $368,817 which works out to $311.14 per sq. ft. of living area.  These condos averaged 54 days on the market before going under contract. And, sold for an average of 94% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

Estuary homes and condos for sale:

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 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.

Recent Estuary sales:


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 21’st 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 2023

Joes Point Real Estate Market Report April 2023

04.20.23 by

Joes Point Real Estate Market Report April 2023

As of April 2023, there are no homes for sale in Joes Point on Hutchinson Island.

There is 1 Joes Point home currently under contract. The list price was $3,195,000 or $777.94 per sq. ft. of living area. This home was on the market for 1 day prior to going under contract.

In the past 12 months, 2 Joes Point homes have sold. Sales prices were $1,825,000 and $3,250,000. This is an average sales price of $2,537,500 which equals $630.07 per sq. ft. of living area. These homes averaged 19 days on market before going under contract. And, they sold for an average of 93% 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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Joes Point homes for sale:

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.

Recent sales in Joes Point:

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 2023

Hidden River Real Estate Market Report April 2023

04.19.23 by

Hidden River Real Estate Market Report April 2023

There are no active listings in Hidden River in Palm City for April 2023. 

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

In the past 12 months, 5 Hidden River homes have sold.  The sales prices ranged from $525,000 up to $1,750,000. This is an average sales price of $1,177,000 which is $498.65 per sq. ft. of living area.  These sales prices averaged 98% of the list price. And, they went under contract in an average of 20 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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Hidden River homes for sale:

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.

Recent Hidden River home sales:

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 2023

Beacon 21 Real Estate Market Report April 2023

04.16.23 by

Beacon 21 Real Estate Market Report April 2023

For April 2023, there are 3 condos available for sale in Beacon 21 in Jensen Beach FL.  The list prices range from $159,000 up to $229,000. This is an average list price of $201,000 which equals $158.02 per sq. ft. of living area.

There are 4 Beacon 21 condos currently under contract.  The list prices ranged from $192,000 up to $279,000. This works out to an average list price of $217,500 which is $217.36 per sq. ft. of living area.  These condos were on the market for an average of 80 days before going under contract.

In the past 12 months, 14 condos have sold in Beacon 21.  Sales prices ranged from $150,000 up to $280,000.  This equals an average sales price of $213,421 which works out to $192.95 per sq. ft. of living area.  These condos averaged 32 days on the market before going under contract. And, they sold for an average of 98% of the last listed price.

Click here to view the previous Beacon 21 market report!

About: Beacon 21 Condos in Jensen Beach

Beacon 21 condo real estate in Jensen Beach Florida
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Beacon 21 condos for sale:

Beacon 21 in Jensen Beach is a low-rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 condo real estate in Jensen Beach Florida
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There are sections in Beacon 21 that are age-restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Recent Beacon 21 sales:

Most of Beacon 21’s sections are pet-friendly allowing for one medium-sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 condo real estate in Jensen Beach Florida
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There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first-come-first-served basis for owners in the Beacon 21 complex.

Children living in Beacon 21 currently attend Felix A Williams elementary school, Stuart middle school, and Jensen Beach high school.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

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.

Beacon 21 Real Estate Market Report April 2023

Atlantis Real Estate Market Report April 2023

04.10.23 by

Atlantis Real Estate Market Report April 2023

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

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

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

Click here to view the previous Atlantis condo market report!

About Atlantis Condos:

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

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

Recently sold Atlantis condos:

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

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

Atlantis Condos on Hutchinson Island in Jensen Beach

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

Search for Atlantis Condos on Hutchinson Island for Sale

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

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

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

Atlantis Real Estate Market Report April 2023

The Princess Real Estate Market Report April 2023

04.08.23 by

The Princess Real Estate Market Report April 2023

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

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

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

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

About the Princess of Hutchinson Island Condos:

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

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

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

Recent sales in the Princess:

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

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

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

The Princess condos on Hutchinson Island in Jensen Beach FL

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

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

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

The Princess Real Estate Market Report April 2023

Montego Cove Real Estate Market Report April 2023

04.03.23 by

Montego Cove Real Estate Market Report April 2023

There are 2 condos for sale in Montego Cove in Stuart FL for April 2023. The list prices are $297,000 and $325,000. This is an average list price of $311,000 which is $206.51 per sq. ft. of living area.

There is 1 Montego Cove condo under contract at this time. The list price was $329,000 or $218.46 per sq. ft. of living area. This condo was on the market for 2 days before going under contract.

In the past 12 months, 12 Montego Cove condos have sold.  Sales prices ranged from $225,000 up to $347,000.  This equals an average sales price of $312,617 which is $203.84 per sq. ft. of living area.  These condos averaged 32 days on market before accepting the final offer. And, they sold for an average of 99% 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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Montego Cove condos for sale:

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 ones and one 1 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.

Recent Montego Cove sales:

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 2023

Admiral Real Estate Market Report April 2023

04.02.23 by

Admiral Real Estate Market Report April 2023

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

There are no Admiral condos currently under contract.

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

Click here to view the previous Admiral market report!

About the Admiral Condominium on Hutchinson Island at Island Dunes:

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

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

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

Recent Admiral condo sales:

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

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

Island Dunes

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

Search Links:

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

Search for Admiral condo real estate on Hutchinson Island

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

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

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

Admiral Real Estate Market Report April 2023

Palm Cove Real Estate Market Report March 2023

03.30.23 by

Palm Cove Real Estate Market Report March 2023

There is 1 home listed in the Palm Cove Yacht and Golf Club for March 2023 in Palm City, Florida. The list price is $599,900 which is $218.15 per square foot of living area.

There are no Palm Cove homes currently under contract.

In the past 12 months, 20 Palm Cove homes have sold. The sales prices ranged from $388,000 up to $1,425,000.  This is an average sales price of $858,075 or $289.80 per square foot of living area.  These homes were on the market for an average of 30 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 include 206 residences, ranging from spacious condos with garages to townhomes, 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 by remote from the main security gate.

Recent Palm Cove home sales:

More information about Palm Cove:

In the main section, are the estate homes, town-homes 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.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  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 March 2023

De La Bahia Real Estate Market Report March 2023

03.29.23 by

De La Bahia Real Estate Market Report March 2023

For March 2023, there are 5 condos available for sale in de la Bahia in Stuart FL. The list prices range from $245,000 up to $294,000. This works out to an average list price of $261,360 which equals $330.51 per sq. ft. of living area.

There are 3 de la Bahia condos currently under contract.  The list prices ranged from $179,900 up to $259,900. This is an average list price of $224,933 or $307.55 per sq. ft. of living area.  These condos were on the market for an average of 31 days prior to going under contract.

In the last 12 months, 17 de la Bahia condos have sold.  Sales prices ranged from $190,000 up to $375,000.  The average sales price was $261,663 which works out to $302.69 per sq. ft. of living area.  These condos sold for an average of 96% of the list price. And, they went under contract in an average of 50 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 a guest speaker, 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 March 2023

Renar River Place Real Estate Market Report March 2023

03.26.23 by

Renar River Place Real Estate Market Report March 2023

For March 2023 there is 1 condo for sale in Renar River Place in downtown Jensen Beach FL.  The list price is $480,000 or $276.82 per sq. ft. of living area.

There is also 1 Renar River Place condo currently under contract. The list price was $475,000 which equals $310.05 per sq. ft. of living area. This condo was on the market for 63 days before going under contract.

In the past 12 months, no Renar River Place condos have sold.

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 March 2023

Evergreen Real Estate Market Report March 2023

03.25.23 by

Evergreen Real Estate Market Report March 2023

There are 3 homes on the market in the Evergreen Community in Palm City FL for March 2023. The list prices range from $785,000 up to $950,000. This is an average list price of $861,333 which is $281.19 per sq. ft. of living area.

There is 1 Evergreen home currently under contract. The list price was $769,900 or $337.08 per sq. ft. of living area. This home was on the market for 74 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 $858,200 which equals $302.83 per sq. ft. of living area.  These homes sold for an average of 100% of the list price.  And, these homes averaged 38 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 it’s 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 March 2023

Martin County Townhouses and Condos February 2023 Market Report

03.24.23 by

Martin County Townhouses and Condos February 2023 Market Report

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

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

The available townhouses and condos inventory increased by 8 units to 308 properties.  This is a 187.9% greater supply of inventory than we had in February 2022.  Currently, there’s a 3.6 months supply of inventory (compared to 0.9 months for February 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Martin County Townhouses and Condos February 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos February 2023 Market Report

Martin County Single Family Homes February 2023 Market Report

03.23.23 by

Martin County Single Family Homes February 2023 Market Report

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

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

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

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

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

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

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

Martin County Single Family Homes February 2023 Market Report

Sandpebble Real Estate Market Report March 2023

03.23.23 by

Sandpebble Real Estate Market Report March 2023

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

There are 6 condos currently available for sale in Sandpebble. The list prices range from $429,000 up to $689,000. This is an average list price of $561,833 which is $481.01 per sq. ft. of living area. 

There are no Sandpebble condos currently under contract.

In the past 12 months, 7 Sandpebble condos have sold.  Sales prices ranged from $480,000 up to $749,000.  This is an average sales price of $565,857 which works out to $477.17 per sq. ft. of living area.  These sales averaged 96% of the list price. And, they went under contract in an average of 17 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 March 2023

Florida Townhouses and Condos February 2023 Market Report

03.22.23 by

Florida Townhouses and Condos February 2023 Market Report

Florida Townhouses and Condos market report continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 30.2% compared to last month’s decrease of 40.7%.  New sales under contract (new pending sales) decreased by 24.2% (In January, there was a 31.4% decrease).

Year-to-year prices were higher.  Though these price increases seem to have moderated a little, which may indicate future increased activity. The median sales price was up by 8.6% (was up by 8.8% in January). And the average sales price increased by 2.9% (was up 10.7% in January).

The inventory of active listings increased by 106% from February last year.  This results in 3.2 months supply of inventory as compared to 1.2 months for February 2021.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Florida Townhouses and Condos February 2023 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos February 2023 Market Report