Martin County Townhouses and Condos December 2020 Market Report

01.27.21 by

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
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 2020 Market Report

St Lucie County Townhouses and Condos November 2020 Market Report

12.30.20 by

St Lucie County Townhouses and Condos November 2020 Market Report

The St Lucie County Townhouses and Condos market for November 2020 continues to show excellent activity. Closed sales were up by 49.0% from last year (were up by 102.5% in October). New pending sales were up by 56.3% for November (they were up by 42.6% last month).

The November prices were also up.  The median price increased by 44.8% from last year (was down by 17.5% in October) while the average sales price increased by 38.7% (was up by 35.4% in October).

The inventory of available townhouses and condos was unchanged from last month at 362 units. This is 37.7% less inventory than we had in November 2019. The current inventory supply is 3.3 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 November 2020 Market Report

 

Click to download the full 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 November 2020 Market Report

Martin County Townhouses and Condos November 2020 Market Report

12.28.20 by

Martin County Townhouses and Condos November 2020 Market Report

The Martin County Townhouses and Condos market continues to show strong activity. Closed sales for the month were up by 74.2%.  They were up by 38.9% in October.  New sales under contract (new pending sales) were up by 49.3% from last month.  They were up by 21.9% for October.

Prices were also up for November.  The median sales price increased by 20.5% (was up by 10.8% last month). While the average sales price increased by 6.3% (was up by 12.8% in October).

The inventory of available townhouses and condos increased by 3 units to 289 properties.  This is a 22.5% smaller inventory than we had in November 2019.  Currently, there’s a 3.0 months supply of inventory (compared to 4.1 months for November 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 November 2020 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 November 2020 Market Report

St Lucie County Townhouses and Condos October 2020 Market Report

11.27.20 by

St Lucie County Townhouses and Condos October 2020 Market Report

The St Lucie County Townhouses and Condos market for October 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 102.5% from last year (were up by 68.4% in September). New pending sales were up by 42.6% for October (they were up by 145.1% last month).

October prices were also up.  The median price increased by 17.5% from last year (was down by 2.4% in September) while the average sales price increased by 35.4% (was up by 12.6% in September).

The inventory of available townhouses and condos decreased by 25 units from last month to 362 units. This is 37.2% less inventory than we had in October 2019. The current inventory supply is 3.5 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 September 2020 Market Report

 

Click to download the full 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 October 2020 Market Report

Martin County Townhouses and Condos October 2020 Market Report

11.25.20 by

Martin County Townhouses and Condos October 2020 Market Report

The Martin County Townhouses and Condos market continues to show strong activity. Closed sales for the month were up by 38.9%.  They were up by 37.5% in September.  New sales under contract (new pending sales) were up by 21.9% from last month.  They were up by 82.4% for September.

Prices were also up for October.  The median sales price increased by 10.8% (was up by 24.6% last month). While the average sales price increased by 12.8% (was up by 21.1% in September).

The inventory of available townhouses and condos decreased by 13 units to 286 properties.  This is a 22.7% smaller inventory than we had in October 2019.  Currently, there’s a 3.0 months supply of inventory (compared to 4.1 months for October 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 October 2020 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 October 2020 Market Report

Empress Condos on Hutchinson Island November 2020 Market Report

11.21.20 by

Empress Condos on Hutchinson Island November 2020 Market Report

For November 2020, there is only 1 condo available for sale in the Empress Condos of Hutchinson Island.  The list price is $299,999 or $184.96 per sq. ft. of living area.

There is also only 1 condo currently under contract. The list price was $489,900 which is $377.14 per sq. ft. of living area. This condo was on the market for 9 days before going under contract.

In the past 12 months, 7 Empress condos have sold.  Sales prices ranged from $360,000 up to $565,000.  This is an average sales price of $444,659 which works out to $316.01 per sq. ft. of living area.  These condos sold for an average of 96% of list price and went under contract in an average of 107 days.

Click here to view previous Empress market reports

About the Empress on Hutchinson Island in Jensen Beach:

The Empress condos of Hutchinson Island in Jensen Beach FL

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences. It was completed in 1988.  Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress condos of Hutchinson Island in Jensen Beach FL

There are various sizes and configurations of condos in the Empress ranging from a  2 very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedrooms, 2 bath units of 1,505 sq. ft. with the remainder 2 bedrooms, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

The Empress condos of Hutchinson Island in Jensen Beach FL

There is ample assigned and guest parking plus an additional 40 covered detached garages that can be bought and sold between Empress residents.  Other community amenities include pool, Jacuzzi, sun deck, card room, clubhouse with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to the beach.

  • The Empress Condos of Hutchinson Island
  • The Empress Condos of Hutchinson Island
  • The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  As of this writing condo fees ranged from $550 to $600 per month depending on the size of the unit.  Garage owners have some additional fees.

The Empress Condos of Hutchinson Island

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach?  Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – 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

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.

Empress Condos on Hutchinson Island November 2020 Market Report

St Lucie County Townhouses and Condos September 2020 Market Report

10.30.20 by

St Lucie County Townhouses and Condos September 2020 Market Report

The St Lucie County Townhouses and Condos market for September 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 68.4% from last year (were up by 44.7% in August). New pending sales were up by 145.1% for September (they were up by 43.2% last month).

September prices were mixed.  The median price decreased by 2.4% from last year (was up by 35.5% in August) while the average sales price increased by 12.6% (was up by 30.7% in August).

The inventory of available townhouses and condos decreased by 15 units from last month to 387 units. This is 29.4% less inventory than we had in September 2019. The current inventory supply is 4.0 months, as compared to 5.6 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 September 2020 Market Report

 

Click to download the full 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 September 2020 Market Report

Martin County Townhouses and Condos September 2020 Market Report

10.28.20 by

Martin County Townhouses and Condos September 2020 Market Report

The Martin County Townhouses and Condos market continues to show strong activity. The effects of the current pandemic seem to be pretty nonexistent. Closed sales for the month were up by 37.5%.  They were up by 31.3% in August.  New sales under contract (new pending sales) were up by 82.4% from last month.  They were up by 23.3% for August.

Prices were also up for September.  The median sales price increased by 24.6% (was up by 26.6% last month). While the average sales price increased by 21.1% (was up by 24.5% in August).

The inventory of available townhouses and condos decreased by 19 units to 299 properties.  This is a 10.7% smaller inventory than we had in September 2019.  Currently, there’s a 3.3 months supply of inventory (compared to 3.7 months for September 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 September 2020 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 September 2020 Market Report

St Lucie County Townhouses and Condos August 2020 Market Report

09.30.20 by

St Lucie County Townhouses and Condos August 2020 Market Report

The St Lucie County Townhouses and Condos market for August 2020 is recovering nicely from the effects of the current pandemic. Closed sales were up by 44.7% from last year (were up by 23.6% in July). New pending sales were up by 43.2% for August (they were up by 46.1% last month).

August prices were also up.  The median price increased by 35.5% from last year (was up by 35.9% in July) while the average sales price increased by 30.7% (was up by 16.4% in July).

The inventory of available townhouses and condos decreased by 66 units from last month to 402 units. This is 24.3% less inventory than we had in August 2019. The current inventory supply is 4.3 months, as compared to 5.5 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 August 2020 Market Report

 

Click to download the full 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 August 2020 Market Report

Martin County Townhouses and Condos August 2020 Market Report

09.28.20 by

Martin County Townhouses and Condos August 2020 Market Report

The Martin County Townhouses and Condos market is now showing strong recovery from the effects of the current pandemic. Closed sales for the month were up by 31.3%.  They were up by 5.2% in July.  New sales under contract (new pending sales) were up by 23.3% from last month.  They were up by 34.7% for July.

Prices were also up for August.  The median sales price increased by 26.6% (was down by 5.6% last month). While the average sales price increased by 24.5% (was up by 7.4% in July).

The inventory of available townhouses and condos decreased by 47 units to 318 properties.  This is an 11.7% smaller inventory then we had in August 2019.  Currently, there’s a 3.6 months supply of inventory (compared to 3.9 months for August 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 August 2020 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 August 2020 Market Report

St Lucie County Townhouses and Condos July 2020 Market Report

08.26.20 by

St Lucie County Townhouses and Condos July 2020 Market Report

The St Lucie County Townhouses and Condos market for July 2020 is recovering nicely from the effects of the current pandemic. Closed sales were up by 23.6% from last year (were down by 19.2% in June). New pending sales were up by 46.1% for July (they were up by 26.3% last month).

July’s prices were also up.  The median price increased by 35.9% from last year (was down by 1.7% in June) while the average sales price increased by 16.4% (was down by 4.7% in June).

The inventory of available townhouses and condos decreased by 21 units from last month to 468 units. This is 15.2% less inventory than we had in July 2019. The current inventory supply is 5.2 months, as compared to 5.5 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 July 2020 Market Report

 

Click to download the full 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 July 2020 Market Report

Martin County Townhouses and Condos July 2020 Market Report

08.24.20 by

Martin County Townhouses and Condos July 2020 Market Report

The Martin County Townhouses and Condos market is now showing strong recovery from the effects of the current pandemic. Closed sales for the month were up by 5.2%.  They were down by 5.9% in June.  New sales under contract (new pending sales) were up by 34.7% from last month.  They were up by 38.6% for June.

Prices were also up for July.  The median sales price decreased by 5.6% (was down by 6.0% last month). While the average sales price increased by 7.4% (was down by 9.4% in June).

The inventory of available townhouses and condos decreased by 12 units to 365 properties.  This is a 2.0% greater inventory then we had in July 2019.  Currently, there’s a 4.2 months supply of inventory (compared to 3.9 months for July 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 July 2020 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 July 2020 Market Report

Lakeside Condos Indian River Plantation August 2020 Market Report

08.16.20 by

Lakeside Condos Indian River Plantation August 2020 Market Report

For August 2020, there are 3 active listings for sale in the Lakeside Condos in Indian River Plantation on Hutchinson Island.  The list prices ranged from $179,900 up to $335,000. This is an average list price of $258,267 which works out to $253.63 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 4 Lakeside Condos have sold.  Sales prices ranged from $175,000 up to $228,000.  This works out to an average sales price of $203,750 which is $256.68 per sq. ft. of living area.  These condos sold for an average of 95% of the list price and averaged 255 days on market before going under contract.

Click here to view recent Lakeside market reports!

About the Lakeside Condos:

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.

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.

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.

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 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.

Lakeside Condos Indian River Plantation August 2020 Market Report

St Lucie County Townhouses and Condos June 2020 Market Report

07.29.20 by

St Lucie County Townhouses and Condos June 2020 Market Report

The St Lucie County Townhouses and Condos market for June 2020 is still showing the effects of the current pandemic. Closed sales remain down when compared to last year but pending sales have risen. So, it appears that there’s some light at the end of the tunnel. Closed sales were down by 19.2% from last year (were down by 41.1% in May). New pending sales were up by 26.3% for April (they were down by 16.9% last month).

June’s prices were also down.  The median price decreased by 1.7% from last year (was down by 10.9% in May) while the average sales price decreased by 4.7% (was down by 0.6% in May).

The inventory of available townhouses and condos decreased by 102 units from last month to 489 units. This is 10.3% less inventory than we had in June 2019. The current inventory supply is 5.6 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate has drifted back into 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 June 2020 Market Report

 

Click to download the full 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 June 2020 Market Report

Martin County Townhouses and Condos June 2020 Market Report

07.27.20 by

Martin County Townhouses and Condos June 2020 Market Report

The Martin County Townhouses and Condos market is now showing some recovery from the effects of the current pandemic. Closed sales are down for the month, but not as extreme as last month, when compared to last year.  Though, the good news is that new pending sales have begun to rise. Closed sales for the month were down by 5.9%.  They were down by 38.3% in May.  New sales under contract (new pending sales) were up by 38.6% from last month.  They were up by 7.5% for May.

Prices, though, were down for June.  The median sales price decreased by 6.0% (was up by 3.0% last month). While the average sales price decreased by 9.4% (was up by 25.9% in May).

The inventory of available townhouses and condos decreased by 48 units to 377 properties.  This is a 4.3% smaller inventory then we had in June 2019.  Currently, there’s a 4.4 months supply of inventory (compared to 4.3 months for June 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos June 2020 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 June 2020 Market Report

St Lucie County Townhouses and Condos May 2020 Market Report

06.30.20 by

St Lucie County Townhouses and Condos May 2020 Market Report

The St Lucie County Townhouses and Condos market for April 2020 is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 41.1% from last year (were down by 43.8% in April). New pending sales were down by 16.9% for April (they were down by 54.6% last month).

April prices were also down.  The median price decreased by 8.4% from last year (was up by 10.9% in March) while the average sales price decreased by 0.6% (was up by 9.6% in March).

The inventory of available townhouses and condos decreased by 27 units from last month to 591 units. This is 4.5% less than we had in April 2019. The current inventory is 6.6 months, as compared to 5.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a balanced market. 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 May 2020 Market Report

 

Click to download the full 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 May 2020 Market Report

Martin County Townhouses and Condos May 2020 Market Report

06.26.20 by

Martin County Townhouses and Condos May 2020 Market Report

The Martin County Townhouses and Condos market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year.  Though, the good news is that new pending sales have begun to rise. Closed sales for the month were down by 38.3%.  They were down by 26.1% in April.  New sales under contract (new pending sales) were up by 7.5% from last month.  They were down by 38.9% for April.

Prices, though, were up for April.  The median sales price increased by 3.0% (was up by 4.8% last month). While the average sales price increased by 25.9% (was up by 9.5% in April).

The inventory of available townhouses and condos increased by 7 units to 425 properties.  This is a 1.4% smaller inventory then we had in April 2019.  Currently, there’s a 4.9 months supply of inventory (compared to 4.6 months for May 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos May 2020 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 May 2020 Market Report

St Lucie County Townhouses and Condos April 2020 Market Report

05.28.20 by

St Lucie County Townhouses and Condos April 2020 Market Report

The St Lucie County Townhouses and Condos market for April 2020 is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 43.8% from last year (were down by 3.0% in March). New pending sales were down by 54.6% for April (they were down by 30.2% in March).

March prices, however, rose.  The median price increased by 10.9% from last year (was down by 10.9% in March) while the average sales price increased by 9.66% (was up by 0.6% in March).

The inventory of available townhouses and condos decreased by 19 units from last month to 618 units. This is 4.5% less than we had in April 2019. The current inventory is 6.4 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

 

Click to download the full 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 April 2020 Market Report

Martin County Townhouses and Condos April 2020 Market Report

05.26.20 by

Martin County Townhouses and Condos April 2020 Market Report

The Martin County Townhouses and Condos market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year.  Closed sales for the month were down by 26.1%.  They were up by 16.7% in March.  New sales under contract (new pending sales) were down by 38.9% from last month.  They were down by 33.1% for February.

Prices, though, were up for April.  The median sales price increased by 4.8% (was up by 25.6% in March). While the average sales price increased by 9.5% (was up by 32.6% in March).

The inventory of available townhouses and condos decreased by 20 units to 418 properties.  This is a 6.3% smaller inventory then we had in April 2019.  Currently, there’s a 4.6 months supply of inventory (compared to 4.7 months for April 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

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 2020 Market Report

Empress Condos on Hutchinson Island May 2020 Market Report

05.23.20 by

Empress Condos on Hutchinson Island May 2020 Market Report

For May 2020, there are 2 condos available for sale in the Empress Condos of Hutchinson Island.  The list prices are $365,000 and $589,000.  This is an average list price of $477,000 or $308.85 per sq. ft. of living area.

There are no Empress Condos currently under contract.

In the past 12 months, 7 Empress condos have sold.  Sales prices ranged from $340,000 up to $470,000.  This is an average sales price of $391,929 which works out to $286.03 per sq. ft. of living area.  These condos sold for an average of 100% of list price and went under contract in an average of 82 days.

Click here to view previous Empress market reports

About the Empress on Hutchinson Island in Jensen Beach:

The Empress condos of Hutchinson Island in Jensen Beach FL

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences. It was completed in 1988.  Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress condos of Hutchinson Island in Jensen Beach FL

There are various sizes and configurations of condos in the Empress ranging from a  2 very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedrooms, 2 bath units of 1,505 sq. ft. with the remainder 2 bedrooms, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

The Empress condos of Hutchinson Island in Jensen Beach FL

There is ample assigned and guest parking plus an additional 40 covered detached garages that can be bought and sold between Empress residents.  Other community amenities include pool, Jacuzzi, sun deck, card room, clubhouse with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to the beach.

  • The Empress Condos of Hutchinson Island
  • The Empress Condos of Hutchinson Island
  • The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  As of this writing condo fees ranged from $550 to $600 per month depending on the size of the unit.  Garage owners have some additional fees.

The Empress Condos of Hutchinson Island

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach?  Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – 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

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.

Empress Condos on Hutchinson Island May 2020 Market Report