Search Results for: st lucie county market report

St Lucie County Townhouses and Condos Sales 2021 Yearly Review

02.07.22 by

St Lucie County Townhouses and Condos Sales 2021 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2021 had stronger sales activity when compared to 2020.  Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 20.5% as compared to 2020 which saw an increase of 11.7% and new sales under contract (new pending sales) increased by 14.0% (2020 saw an increase of 19.3%).

St Lucie County Townhouse and Condo Sales 2021 Yearly Review
Click the image for the full report

Prices were also up when compared to last year. The median sales price increased by 9.3% as compared to the 19.1% rise last year. The average sales price was up by 16.2% as compared to the 17.4% increase in 2020.

Inventory decreased by 54.2% as compared to 2020’s decrease of 45.2%. While the monthly supply of inventory decreased to 1.1 months as compared to 2.9 months for 2020.  A strong seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales

View previous St Lucie County Yearly Reviews Here!

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

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

St Lucie County Townhouses and Condos Sales 2021 Yearly Review

North River Shores February 2022 Market Report

02.07.22 by

North River Shores February 2022 Market Report

The North River Shores February 2022 Market Report for Stuart Florida:

There are currently no active listings in North River Shores.

There is only 1 home under contract at this time. The list price was $350,000 or $337.51 per square foot of living area. This home was on the market for 7 days before going under contract.

In the past 12 months, 26 North River Shores homes have sold. Sales prices ranged from a low of $390,000 up to $3,000,000. This works out to an average sales price of $787,877 or $320.39 per square foot of living area. These homes sold for an average of 97% of the list price and averaged 51 days on the market before going under contract.

Click here to view recent North River Shores market reports!

About North River Shores in Stuart FL:

North River Shores in Stuart Florida
Google Earth Image

North River Shores Real Estate:

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.

North River Shores in Stuart Florida
Google Earth Image

Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

Recent North River Shores sales:

 This community is blessed with easy access to shopping, beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores in Stuart Florida
Google Earth Image

Search here for available homes in North River Shores

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.

courtesy of:
the Gabe Sanders real estate team

North River Shores February 2022 Market Report

St Lucie County Single Family Home Sales 2021 Yearly Review

02.06.22 by

St Lucie County Single Family Home Sales 2021 Yearly Review

The St Lucie County Single Family Home Sales for 2021 as reported by Florida Realtors indicates that Saint Lucie County had a stronger market activity for single-family home sales throughout the year 2021 when compared to 2020.  Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 14.6% (were up by 8.3% in 2020) and new sales under contract (new pending sales) increased by 8.9% (were up by 17.8% in 2020).

St Lucie County Single Family Home Sales 2021 Yearly Review
Click on the image for the full report

Both median and average sales prices were up for 2021 by 23.0% and 26.3% respectively.   These numbers were 7.3% and 9.1% respectively in 2020.

The inventory of available homes for sale decreased by 32.9% from 2020 (When there was a 46.4% decrease).  While the monthly supply of homes decreased to 1.0 months from 1.8 months for 2020.  Remaining in an extreme seller’s market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County 2021 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

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

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

St Lucie County Single Family Home Sales 2021 Yearly Review

Martin County Townhouses and Condos Sales 2021 Yearly Review

02.05.22 by

Martin County Townhouses and Condos Sales 2021 Yearly Review

The Martin County Townhouses and Condos Sales for 2021 showed stronger sales activity when compared to 2020.   Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 14.3% as compared to 2020 which were up by 10.5% and new sales under contract (new pending sales) increased by 15.1% (2020 saw an increase of 15.7%).

Martin County Townhouse and Condo Sales 2021 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 18.3% and 27.1% respectively (2020 numbers were 12.5% and 13.0%).  Stronger than the increases of the previous year.

Inventory decreased by 73.4% as compared to 2020’s decrease of 25.1%. And the supply of inventory dropped to 0.7 months as compared to 2.9 months for 2020.  Even a stronger seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2021 Yearly Review

Here are the previous Martin County yearly reviews!

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 Home Sales 2021 Yearly Review

02.04.22 by

Martin County Single Family Home Sales 2021 Yearly Review

The Martin County Single Family Home Sales for 2021 as reported by Florida Realtors showed slightly stronger sales activity when compared to 2020.  Though most of the improved results were during the first half of the year. During the late summer and fall, the market experienced an unprecedented shortage of homes for sale which has negatively affected sales volume. Year to year closed sales were up by 5.4% (were up by 10.5% in 2020) and new sales under contract (new pending sales) decreased by 1.9% (was up by 17.7% in 2020).

Martin County Single Family Home Sales 2020 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2020 to 2021) by 19.9% and 35.9% respectively.  This rate while positive is not as high as last year which was 3.4% and 7.8% respectively in 2020.

The inventory of available homes for sale decreased by 64.3% from 2020.  While the monthly supply of homes decreased to 0.8 months. A very strong seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2021 Yearly Review

Click here to view previous Martin County yearly reviews!

To view the complete 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 Home Sales 2020 Yearly Review

Foxwood February 2022 Real Estate Market Report

02.04.22 by

Foxwood February 2022 Real Estate Market Report

For February 2022, there are no homes listed for sale in the Foxwood community in Stuart FL.

There is 1 Foxwood home currently under contract. The list price was $989,000 which is $247.25 per sq. ft. of living area. This home was on the market for 9 days before going under contract.

In the past 12 months, 4 homes have sold in this much sought-after Stuart community.  Sales prices ranged from $775,000 up to $900,000.  This works out to an average sales price of $843,750 which equals $277.59 per sq. ft. of living area.  These sales took an average of 28 days on the market before going under contract and sold for 99% of list price.

Click here to view recent Foxwood market reports!

About Foxwood Equestrian Community in Stuart FL:

Foxwood
Foxwood homes for sale:

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Equestrian owners can enjoy having horses on their property with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Interestingly, every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place. 

Foxwood Equestrian Community in Martin County Florida

Association fees are a very reasonable $35 per month.  These fees cover maintenance of the private roads, sanitation and management fees.  You can find more information about the Foxwood Property Association can be found at this community’s property association website: Foxwood Property Association of Stuart Florida

Construction of homes in Foxwood began in 1978.  Four phases of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Recently sold in Foxwood:

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

Foxwood Equestrian Community in Martin County Florida

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

Images courtesy of Google Earth

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.

For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood February 2022 Real Estate Market Report

Harbour Pointe February 2022 Market Report

02.03.22 by

Harbour Pointe February 2022 Market Report

For February 2022, there are no homes for sale in Harbour Pointe in Palm City FL.

There are also no homes in Harbour Pointe currently under contract.

14 Harbour Pointe homes have sold in the past 12 months with sales prices ranging from $410,000 up to $660,000.  This is an average sales price of $525,161 which is $234.46 per square foot of living area.  These homes sold for an average of 101% list price and averaged 23 days on the market before going under contract.

Click here to view recent Harbour Pointe market reports!

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL
Image courtesy of Google Earth

Harbour Pointe homes for sale:

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake views in spacious custom-designed homes.

Recent Harbour Pointe sales:

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe in Palm City Entrance

Currently Available Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe February 2022 Market Report

 

St. Lucie County Townhouses and Condos 2021 4th Quarter Report

02.01.22 by

St. Lucie County Townhouses and Condos 2021 4th Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 2nd Quarter 2021.

St. Lucie County Townhouses and Condos 2021 4th Quarter Report

For the 4th quarter of 2021, the Saint Lucie Count townhouses and condo real estate market had weaker sales volume when compared to the 4th quarter of 2020.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2021 4th Quarter Report

St. Lucie County Single Family Homes 2021 4th Quarter Report

01.31.22 by

St. Lucie County Single Family Homes 2021 4th Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2021 4th Quarter Report

Unlike most other areas in our market, the St. Lucie County single-family home real estate market had an improved sales volume when compared to the 4th quarter of 2020.   These sales results are quite remarkable considering the current unprecedented low inventory. There is very active new home construction in place in Saint Lucie County which is probably why we have these positive results. Prices were also higher this period with very large gains. We are expecting the low inventory to affect future sales volume for the near future.

To view, the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

Egret Pond January 2022 Real Estate Market Report

01.31.22 by

Egret Pond January 2022 Real Estate Market Report

As of January 2022, there are no homes on the market in the Egret Pond community of the Martin Downs Country Club of Palm City FL.

There are also no homes currently under contract in Egret Pond.

In the past 12 months, there have been 5 homes sold in this Martin Downs community. Sales prices ranged from $259,900 up to $325,000.  This works out to an average sales price of $296,180 which equals $175.70 per square foot of living area. Notably, these homes were on the market for an average of 13 days before going under contract. And, they sold for an average of 100% of the list price.

Click here to view recent Egret Pond market reports!

About Egret Pond in Martin Downs:

Egret Pond in the Martin Downs Country Club in Palm City Florida
Google Earth image

Egret Pond homes for sale:

Egret Pond in the Martin Downs Country Club in Palm City Florida
Google Earth image

These are all concrete block construction homes with flat cement tile roofs. The HOA fees include landscaping and lawn maintenance, basic cable TV, a reserve fund for the common areas, exterior painting, and security. The Martin Downs Country Club area is a guard gated community with roving security patrols as needed.

Recent sales in Egret Pond:

All ages are welcomed and pets are also allowed in this popular community. Children are currently zoned to attend the Crystal Lake Elementary, Hidden Oaks Middle, and Martin County High Schools.

  • Egret Pond in Martin Downs
  • Egret Pond in Martin Downs

Additionally, Egret Pond is very conveniently located close to Florida’s Turnpike for those looking to travel to parts north or south. So, this is a very affordable and excellent choice for those looking for a home within the Palm City area of Martin County.

Egret Pond in Martin Downs

Click here to see the available Egret Pond homes for sale in Palm City 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.

Egret Pond January 2022 Real Estate Market Report

Pine Ridge Condos in Palm City January 2022 Market Report

01.29.22 by

Pine Ridge Condos in Palm City January 2022 Market Report

There are no condos for sale in Pine Ridge at Martin Downs in Palm City FL for January 2022.

There is only 1 condo currently under contract in Pine Ridge. The list price was $139,000 which is $167.47 per sq. ft. of living area. This condo was on the market for only 3 days before going under contract.

In the past 12 months, 15 condos have sold in Pine Ridge. Sales prices ranged from a low of $134,900 up to a high of $249,000.  This works out to an average sales price of $185,820 which equals $150.62 per sq. ft. of living area. These condos sold for an average of 100% of the list price and were on the market for an average of 11 days before going under contract.

Click here to view recent Pine Ridge market reports!

About the Pine Ridge Condos at Martin Downs:

Pine Ridge condos in Martin Downs in Palm City Florida
Google Earth image

Pine Ridge condos for sale:

Pine Ridge condos in Martin Downs in Palm City Florida
Google Earth image

Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas. There are numerous floor plans ranging from 3 bedroom, 2 bath units down to 1 bedroom, 1 bath condos. As a bonus, some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

Recently sold in Pine Ridge:

There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted. No trucks or motorcycles are allowed.

  • Pine Ridge Condos at Martin Downs
  • Pine Ridge Condos at Martin Downs

In conclusion, this is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City. Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.

Pine Ridge Condos in Palm City

Click this link to search for available Pine Ridge 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.

Pine Ridge Condos in Palm City January 2022 Market Report

Oceana Oceanfront and North Condos January 2022 Market Report

01.26.22 by

Oceana Oceanfront and North Condos January 2022 Market Report

For January 2022, there are 3 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. The list prices range from $500,000 up to $525,000. This is an average list price of $514,667 which is $503.10 per sq. ft. of living space.

There are 4 condos currently under contract. The list prices ranged from $339,000 up to $599,000. This equals an average list price of $454,225 or $442.88 per sq. ft. of living space. These condos averaged 31 days on the market before going under contract.

In the past 12 months, 28 condos have sold. Sales prices ranged from $255,000 up to $630,000. This equals an average sales price of $386,925 which works out to $381.80 per sq. ft. of living space. These condos sold for an average of 99% of the list price. And, averaged 24 days on the market before going under contract.

Click here to view recent Oceana condo market reports!

About the Oceana Oceanfront and North Condos:

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

Oceana North condos for sale:

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

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

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

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

Recent Oceana North sales:

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

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

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

Oceana North and Oceanfront Condos in Jensen Beach
Search Links:

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

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

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

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

Oceana Oceanfront and North Condos January 2022 Market Report

Martin County Townhouses and Condos December 2021 Market Report

01.24.22 by

Martin County Townhouses and Condos December 2021 Market Report

The Martin County Townhouses and Condos had slightly weaker sales volume compared to last December. Mostly because of the low inventory of available homes. Closed sales for the month were down by 1.7%.  They were down by 29.6% in November.  New sales under contract (new pending sales) were up by 1.1% from last year.  They were down by 11.9% in November.

Prices also continued to rise for December.  The median sales price increased by 28.0% (was up by 4.3% last month). While the average sales price increased by 14.1% (was up by 38.5% in November).

The inventory of available townhouses and condos decreased by 8 units to 143 properties.  This is a 73.4% smaller supply of inventory than we had in December 2020.  Currently, there’s a 0.7 months supply of inventory (compared to 2.9 months for December 2020).  We remain in a very extreme seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos December 2021 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 December 2021 Market Report

The Archipelago of Sewalls Point January 2022 Market Report

01.24.22 by

The Archipelago of Sewalls Point January 2022 Market Report

For January 2022, there is only 1 home available for purchase in the Archipelago of Sewalls Point in Stuart FL.  The list price is $2,350,000 or $770.24 per sq. ft. of living area.

There is also 1 home currently under contract. The list price was $1,800,000 which is $578.41 per sq. ft. of living area. This home was on the market for less than 1 day before going under contract.

In the past 12 months, there have been 5 sales in the Archipelago of Sewalls Point. Sales prices ranged from $1,015,000 up to $4,125,000. This equals an average sales price of $2,089,500 which equals $657.38 per sq. ft. of living area.  These homes were on the market for an average of 40 days before going under contract. And, were sold for an average of 94% of the list price.

Click here to view recent Archipelago market reports!

About the Archipelago of Sewalls Point:

The Archipelago of Sewalls Point in Stuart Florida
Google Earth image

The Archipelago homes for sale:

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes to spectacular estate lots with magnificent views.

The Archipelago of Sewalls Point in Stuart Florida
Google Earth image

Recently sold Archipelago homes:

Search here for homes in the Archipelago

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 Archipelago of Sewalls Point January 2022 Market Report

Martin County Single Family Homes December 2021 Market Report

01.23.22 by

Martin County Single Family Homes December 2021 Market Report

The Martin County Single Family Homes Market Report showed weaker activity than last December. Mostly because of the unprecedented lack of inventory of available homes. Closed sales were down by 19.8% from last year (were down by 19.5% in November).  While new pending sales decreased by 11.8% as compared to last year (decreased by 28.9% last month).

Prices were up sharply for December.  The median sales price increased from last year by 42.4% (it was up by 28.0% in November) while the average sales price increased by 54.1% (up by 10.0% last month).

The inventory of available single-family homes decreased by 56 homes from last month to only 175 homes. This is 64.3% less inventory than last December.  The current supply of homes is only 0.8 months.  For December of last year, it was a 2.2 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes December 2021 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 December 2021 Market Report

Florida Townhouses and Condos December 2021 Market Report

01.22.22 by

Florida Townhouses and Condos December 2021 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. This is an improvement from last month’s results. Closed sales were up by 5.4% as compared to last month’s decrease of 5.6%.  New sales under contract (new pending sales) increased by 5.9% (In November, a 0.4% decrease).

Prices continued to rise in December.  The median sales price was up by 19.9% (was up by 17.6% in November). While the average sales price increased by 22.4% (was up 19.6% in November).

The inventory of active listings decreased by 55.8% from December of last year.  This results in 1.5 months supply of inventory as compared to 4.7 months for December 2020.  Remaining 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 December 2021 Market Report
Click here to download the full report

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

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos December 2021 Market Report

Monarch Country Club Real Estate Market Report January 2022

01.22.22 by

Monarch Country Club Real Estate Market Report January 2022

For January 2022, there is currently only 1 active listing in the Monarch Country Club in Palm City FL. The list price is $950,000 which works out to $356.47 per sq. ft. of living area.

Currently, there is also only 1 home under contract. The list price was $385,000 or $236.20 per sq. ft. of living area. This home was on the market for 6 days before going under contract.

In the past 12 months, 44 homes have sold in the Monarch Country Club. Sales prices ranged from a low of $260,000 up to $705,000. This equals an average sales price of $465,575 which equals $222.72 per sq. ft. of living area. These homes sold on average for 97% of the list price and were on the market for an average of 37 days before going under contract.

Click here to view recent Monarch market reports!

About the Monarch Country Club

Monarch Country Club in Palm City Florida
Google Earth image

Monarch Country Club homes for sale:

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

Homes in the Monarch Country Club range in size from estate-sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage. For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

Monarch Country Club in Palm City Florida
Google Earth image

All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

Recent Monarch Country Club sales:

About the Golf Club:

The championship course at Monarch boasts 6,867-yard par 72 with a slope of 133 and a rating of 73.6. Shorter options exist for all levels of play. This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

Monarch Country Club in Palm City Florida
Google Earth image

There’s a beautiful clubhouse with a pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club. The two-story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club. This fine facility is also available for business, social conferences and weddings. Adjacent to the clubhouse is a professional-caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

entrance to the Monarch Country Club
Search for Monarch Country Club Homes:

Here are the currently available Monarch Country Club Homes for Sale

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

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

Monarch Country Club Real Estate Market Report January 2022

Florida Single Family Homes December 2021 Market Report

01.21.22 by

Florida Single Family Homes December 2021 Market Report

The Florida Single Family Home market activity had weaker sales volume compared to last December.  The unprecedented low volume of inventory is the primary cause.  Closed sales were down by 1.6% (were up by 4.3% in November). New sales under contract (new pending sales) were up by 4.2% (were down by 1.6% in November).

Prices, however, continue to rise.  The median sales price rose by 21.0% (it was up by 19.6% in November). And, the average sales price was up by 19.0% (it was up by 17.2% last month).

The inventory of available homes for sale decreased by 33.7% from last year.  This represents only a 1.0 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (December 2020 had a 1.8 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 December 2021 Market Report
Download 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 December 2021 Market Report

 

Hobe Sound Golf Club January 2022 Market Report

01.19.22 by

Hobe Sound Golf Club January 2022 Market Report

For January 2022, there are no homes available to purchase in the Hobe Sound Golf Club.

There are also no homes currently under contract.

In the past 12 months, 5 Hobe Sound Golf Club homes have sold.  Sales prices ranged from $740,000 up to $1,210,101.  This works out to an average sales price of $924,020 which equals $318.42 per sq. ft. of living area.  These homes went under contract in an average of 34 days and sold for 97% of the list price.

Click here to view recent Hobe Sound Golf Club market reports!

About the Hobe Sound Golf Club:

The Hobe Sound Golf Club in Hobe Sound Florida
Google Earth image

Hobe Sound Golf Club homes for sale:

Located just west of US-1 (Federal Highway) on Bridge Rd in Hobe Sound FL is the gated community and golf club known as the Hobe Sound Golf Club.  With only 96 homes on over 240 acres, this secure community is one of the most desirable for those wishing to live in a golf course community.

The Hobe Sound Golf Club in Hobe Sound Florida

Google Earth image

The first homes were built in 1988 and now come in sizes from 5 bedrooms, 5 bathroom homes with over 5,000 sq. ft. of living area down to a few 2 bedrooms, 2 bathroom homes with just around 2,000 sq. ft. of living area.

This is a member-owned golf club and amenities include a full-service clubhouse with a dining room and pro shop.  There’s also an Olympic-sized community swimming pool.  24-hour manned security is also part of this upscale homeowners association.

Recent Hobe Sound Golf Club sales:

The Hobe Sound Golf Club is only 30 minutes away from the West Palm Beach International airport yet far removed from the congestion of big city life.

The Hobe Sound Golf Club in Hobe Sound Florida

Google Earth image

The golf course is a Joe Lee signature course and more information can be had by viewing the Hobe Sound Golf Club website here.

Hobe Sound Golf Club
Search links:

You can see the currently available Hobe Sound Golf Club homes for sale here.

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.

Hobe Sound Golf Club January 2022 Market Report

Pinecrest Lakes January 2022 Market Report

01.19.22 by

Pinecrest Lakes January 2022 Market Report

There are 2 homes for sale in the Pinecrest Lakes community of Jensen Beach FL in January 2022. The list prices are $575,000 and $649,900. This is an average list price of $612,450 which equals $284.77 per sq. ft. of living area.

There are also 2 homes under contract and awaiting closing. The list prices were $665,000 and $699,000.  This is an average list price of $682,000 which is $309.38 per sq. ft. of living area.  These homes were on the market for an average of 76 days before going under contract.

In the past 12 months, 31 homes have sold in Pinecrest Lakes with sales prices ranging from $425,000 up to $975,000.  This is an average sales price of $617,543 which is $239.83 per sq. ft. of living area.  These sales averaged 36 days on the market before going under contract and sold for 98% of the list price.

Click here to view recent Pinecrest Lakes market reports!

About Pinecrest Lakes in Jensen Beach:

Pinecrest Lakes in Jensen Beach Florida
Google Earth image

Pinecrest Lakes homes for sale:

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late ’70s and early ’80s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently, this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes in Jensen Beach Florida
Google Earth image

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River Parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities, and public water. Community features include tot lots, parks, lakes and tennis courts.

Recent Pinecrest Lakes home sales:

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes in Jensen Beach Florida
Google Earth image

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

All ages and pets are welcome in Pinecrest Lakes.  The HOA fees are quite low.

Pinecrest Lakes in Jensen Beach FL

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

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

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

Pinecrest Lakes January 2022 Market Report