St Lucie County Townhouses and Condos January 2021 Market Report

St Lucie County Townhouses and Condos January 2021 Market Report

The St Lucie County Townhouses and Condos market for January 2021 continues to show very strong activity. Closed sales were up by 41.2% from last year (were up by 25.5% in December). New pending sales were up by 18.9% for January (they were up by 53.2% last month).

The January prices were also up.  The median price increased by 31.8% from last year (was up by 38.2% in December) while the average sales price increased by 3.6% (was up by 23.1% in December).

The inventory of available townhouses and condos increased by 25 units from last month to 344 residences. This is 41.3% less inventory than we had in January 2020. The current inventory supply is 3.0 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos January 2021 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos January 2021 Market Report

Martin County Townhouses and Condos January 2021 Market Report

Martin County Townhouses and Condos January 2021 Market Report

The Martin County Townhouses and Condos market continues to show vibrant activity. Closed sales for the month were up by 12.5%.  They were up by 30.7% in December.  New sales under contract (new pending sales) were up by 41.5% from last year.  They were up by 35.8% in December.

Prices were also up for January.  The median sales price increased by 23.4% (was up by 18.1% last month). While the average sales price increased by 40.3% (was up by 18.0% in December).

The inventory of available townhouses and condos decreased by 10 units to 276 properties.  This is a 34.4% smaller inventory than we had in January 2020.  Currently, there’s a 2.7 months supply of inventory (compared to 4.7 months for January 2020).  We remain in a 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 January 2021 Market Report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos January 2021 Market Report

Lakeside Condos Indian River Plantation February 2021 Market Report

Lakeside Condos Indian River Plantation February 2021 Market Report

For February 2021, there are no active listings for sale in the Lakeside Condos in Indian River Plantation on Hutchinson Island.

There are 2 condos currently under contract. The list prices were $255,000 and $275,000. This is an average list price of $265,000 which works out to $293.27 per sq. ft. of living area. These condos averaged 58 days on the market before going under contract.

In the past 12 months, 6 Lakeside Condos have sold.  Sales prices ranged from $166,000 up to $240,000.  This works out to an average sales price of $205,000 which is $249.44 per sq. ft. of living area.  These condos sold for an average of 95% of the list price and averaged 177 days on market before going under contract.

Click here to view recent Lakeside market reports!

About the Lakeside Condos:

Lakeside Condos in Indian River Plantation

Lakeside and Tennis Villas condos for sale in Indian River Plantation on Hutchinson Island in Stuart FL:

Perfect location for those looking to live in a resort setting near the beaches of the Atlantic Ocean. Nearby amenities include a full-service Marina, golf course, restaurants, and fitness facilities.

Aerial view of the Lakeside Condos

These Lakeside Condos are condos located just off the golf course. It is surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built during 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedrooms, 3 bath units with 1323 sq. ft. of living area.  This is a pet-friendly complex that will allow up to two large pets.  At the time of this writing, the condo association fees were $375.00 a month.

Lakeside Condos in Indian River Plantation

The Lakeside Condos are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation

Search here for Lakeside Condos in Indian River Plantation on Hutchinson Island in Stuart FL

Additional Indian River Plantation Condos you may wish to consider: 
Bayview  Beachwalk  Dunes Club  Fairway Villas  Inlet Village  Ocean House  Ocean Terrace  Plantation Club Villas  Plantation House  Resort Villas  River Village  Riverbend  Riverwood  Tennis Villas

Recent Market Report Posts:

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.

Lakeside Condos Indian River Plantation February 2021 Market Report

St Lucie County Townhouses and Condos December 2020 Market Report

St Lucie County Townhouses and Condos December 2020 Market Report

The St Lucie County Townhouses and Condos market for December 2020 continues to show very strong activity. Closed sales were up by 25.5% from last year (were up by 49.0% in November). New pending sales were up by 53.2% for December (they were up by 56.3% last month).

The December prices were also up sharply.  The median price increased by 38.2% from last year (was up by 44.8% in November) while the average sales price increased by 23.1% (was up by 38.7% in November).

The inventory of available townhouses and condos decreased by 43 units from last month to 319 residences. This is 45.2% less inventory than we had in December 2019. The current inventory supply is 2.9 months, as compared to 5.9 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2020 Market Report

 

View previous St. Lucie County market reports here.

Recent County Market Report Posts:

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

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

St Lucie County Townhouses and Condos December 2020 Market Report

Martin County Townhouses and Condos December 2020 Market Report

Martin County Townhouses and Condos December 2020 Market Report

The Martin County Townhouses and Condos market continues to show strong activity. Closed sales for the month were up by 30.7%.  They were up by 74.2% in November.  New sales under contract (new pending sales) were up by 35.8% from last month.  They were up by 49.3% for November.

Prices were also up for December.  The median sales price increased by 18.1% (was up by 20.5% last month). While the average sales price increased by 18.0% (was up by 6.3% in November).

The inventory of available townhouses and condos decreased by 3 units to 286 properties.  This is a 25.1% smaller inventory than we had in December 2019.  Currently, there’s a 2.9 months supply of inventory (compared to 4.2 months for December 2019).  We remain in a 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 2020 Market Report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos December 2020 Market Report