St Lucie County Townhouses and Condos March 2020 Market Report

04.30.20 by

St Lucie County Townhouses and Condos March 2020 Market Report

The St Lucie County Townhouses and Condos market for March 2020 had weaker closed sales activity for March and new pending sales are off considerably. I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were down by 3.0% from last year (were up by 7.5% in January). New pending sales were down by 30.2% for March (they were down by 9.4% in February).

March prices were mostly lower as well.  The median price decreased by 10.9% from last year (was up by 24.1% in February) while the average sales price increased by .06% (was up by 22.4% in January).

The inventory of available townhouses and condos increased by 2 units from last month to 618 units. This is 0.8% less than we had in March 2019. The current inventory is 6.3 months, as compared to 6.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market is now 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 March 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 March 2020 Market Report

Martin County Townhouses and Condos March 2020 Market Report

04.28.20 by

Martin County Townhouses and Condos March 2020 Market Report

The Martin County Townhouses and Condos report had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector.  Closed sales for the month were up by 16.7%.  They were up by 21.4% in February.  New sales under contract (new pending sales) were down by 33.1% from last month.  They were up by 31.6% for February.

Prices, though, were up sharply for March.  The median sales price increased by 25.6% (was up by 3.2% in February). While the average sales price increased by 32.6% (was up by 9.3% in February).

The inventory of available townhouses and condos increased by 27 units to 438 properties.  This is a 2.9% smaller inventory then we had in March 2019.  Currently, there’s a 4.7 months supply of inventory (compared to 4.7 months for March 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 March 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 March 2020 Market Report

St Lucie County Townhouses and Condos February 2020 Market Report

03.30.20 by

St Lucie County Townhouses and Condos February 2020 Market Report

The St Lucie County Townhouses and Condos market for February 2020 had mixed sales activity for the second month of the year.  Closed sales were up by 7.5% from last year (were down by 18.1% in January). New pending sales were down by 9.4% for February (they were up by 10.9% in January).

However, prices were up sharply for February.  The median price increased by 24.1% from last year (was up by 0.3% in January) while the average sales price increased by 22.4% (was up by 23.8% in January).

The inventory of available townhouses and condos increased by 30 units from last month to 616 units. This is 3.1% less than we had in February 2019. The current inventory is 6.3 months, as compared to 6.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market is now 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 February 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 February 2020 Market Report

Martin County Townhouses and Condos February 2020 Market Report

03.26.20 by

Martin County Townhouses and Condos February 2020 Market Report

The Martin County Townhouses and Condos showed very strong sales activity after a relatively weak start for the year.  Closed sales for the month were up by 21.4%.  And, they were down by 11.0% in January.  New sales under contract (new pending sales) were up by 31.6% from last month.  They were down by 3.6% for January.

Prices also continued to rise for February, though at reduced rates.  The median sales price increased by 3.2% (was up by 2.4% in January). While the average sales price increased by 9.3% (was up by 1.0% in January).

The inventory of available townhouses and condos decreased by 10 units to 411 properties.  This is a 9.7% smaller inventory then we had in February 2019.  Currently, there’s a 4.5 months supply of inventory (compared to 4.7 months for February 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 February 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 February 2020 Market Report

Vista Pines March 2020 Market Report

03.21.20 by

Vista Pines March 2020 Market Report

For March 2020 there are 5 condos available for sale in Vista Pines in Stuart FL.  List prices are from $74,595 up to $114,900. This is an average list price of $94,659 or $96.82 per sq. ft. of living area.

There are 4 condos currently under contract and awaiting settlement.  List prices range from $77,900 up to $110,000. This equals an average list price of $86,675 which is $104.89 per sq. ft. of living area.   These condos averaged 75 days on the market before going under contract.

In the past 12 months, there have been 28 condo sales in Vista Pines.  Sales prices ranged from $45,000 up to $110,000.  This works out to an average sales price of $87,831 which equals $96.17 per sq. ft. of living area.  These sales averaged in at 92% of list price and only averaged 70 days on the market prior to going under contract.

Click here to view previous Vista Pines market reports.

About Vista Pines in Stuart FL:

Vista Pines in Stuart FL

The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island.  Also, close to restaurants, grocery stores and medical facilities that are within walking distance for many.

  • Vista Pines Condos in Stuart FL
  • Vista Pines in Stuart FL

Vista Pines condos were first built in 1970 and the last one was completed in 1973.   All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1 bedroom units.  Buildings are situated to maximize privacy and for serene views of green space.

  • Vista Pines in Stuart FL
  • Vista Pines in Stuart FL

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista Pines and this is an age restricted (55+) community.  The HOA fees as of August 2014 were from the low $200’s for a 1 Bedroom unit to just over $300 per month for 2 Bedroom condos.

  • Vista Pines in Stuart FL
  • Vista Pines in Stuart FL
  • Vista Pines Condos in Stuart FL

Search for currently available condos in Vista Pines

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.

Vista Pines March 2020 Market Report

Bayview Condos Indian River Plantation March 2020 Market Report

03.18.20 by

Bayview Condos Indian River Plantation March 2020 Market Report

For March 2020, there are 4 condos for sale in Bayview.  These condos are listed from $419,000 up to $695,000.  This is an average list price of $491,000 or $$338.16 per sq. ft. of living area.

There is 1 condo under contract and awaiting settlement.  The list price was $392,400 which is $325.91 per sq. ft. of living area.  This condo was on the market for 12 days before going under contract.

In the past 12 months, 7 condos have sold in Bayview with sales prices ranging from $375,000 up to $610,000.  The average sales price was $444,357 which equals a $330.66 price per sq. ft. of living area.  Sales prices averaged 96% of list price ratio with these condos staying on the market for an average of 108 days prior to accepting the last offer.

Click here for previous Bayview Condo market reports.

About the Bayview Condos on Hutchinson Island:

Bayview in Indian River Plantation is one of the newer condominium complexes on Hutchinson Island in Stuart Florida.  Bayview is a gated sub-complex of the Indian River Plantation Marriott Resort and consists of 4 semi-circular buildings totaling 129 3 bedroom, 3 bathroom and 2 bedroom, 2 bathroom condos.  Living space ranges from 2,105 sq. ft. to 1,204 sq. ft.

Most units have sweeping views of the Intracoastal Waterway also known as the Indian River.   Great location only minutes away from the Saint Lucie Inlet.  For boaters, there’s a full-service Marina located on the grounds of the Indian River Plantation with slips available for lease.

Bayview has a private heated pool and spa overlooking a lake as well as lovely manicured grounds for picnics or just a stroll by the water.  There’s also covered parking for all residents.

Unit owners have the option of joining the Marriott Beach Club which allows access to an 18 hole golf course, another community pool and fitness center, professional tennis club and courts as well as access to a private beach resort on the shores of the Atlantic Ocean.

Search here for all available Bayview Condos for sale!

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

Recent market reports:

Bayview Condos Indian River Plantation March 2020 Market Report

St Lucie County Townhouses and Condos January 2020 Market Report

03.06.20 by

St Lucie County Townhouses and Condos January 2020 Market Report

The St Lucie County Townhouses and Condos market for January 2020 had mixed sales activity to start the year.  Closed sales were down by 18.1% from last year (were up by 22.2% in December). New pending sales were up by 10.9% for January (they were up by 21.5% in December).

Prices were up for January.  The median price increased by 0.3% from last year (was down by 10.2% in December) while the average sales price increased by 23.8% (was up by 1.3% in December).

The inventory of available townhouses and condos increased by 5 units from last month to 586 units. This is 1.8% less than we had in January 2019. The current inventory is 6.0 months, as compared to 5.7 months of inventory last year.  The St Lucie County townhouses and condos real estate market is now 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 January 2020 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent 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.

St Lucie County Townhouses and Condos January 2020 Market Report

Martin County Townhouses and Condos January 2020 Market Report

03.05.20 by

Martin County Townhouses and Condos January 2020 Market Report

The Martin County Townhouses and Condos began 2020 with weaker sales activity when compared to last January.  Closed sales for the month were down by 11.0%.  And, they were up by 6.0% in December.  New sales under contract (new pending sales) were down by 3.6% from January 2019.  They were unchanged for December.

Prices, though, continued to rise for January though at reduced rates.  The median sales price increased by 2.4% (was up by 9.7% in December). While the average sales price increased by 1.0% (was up by 10.8% in December).

The inventory of available townhouses and condos increased by 39 units to 421 properties.  This is a 4.2% larger inventory then we had in January 2019.  Currently, there’s a 4.7 months supply of inventory (compared to 4.1 months for January 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 January 2020 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent 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 Townhouses and Condos January 2020 Market Report

Lakeside Condos Indian River Plantation February 2020 Market Report

02.22.20 by

Lakeside Condos Indian River Plantation February 2020 Market Report

For February 2020, there is only 1 active listing for sale in the Lakeside Condos in Indian River Plantation on Hutchinson Island.  The list price is $210,000 which works out to $240.55 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 6 Lakeside Condos have sold.  Sales prices ranged from $162,000 up to $228,000.  This works out to an average sales price of $199,000 which is $257.85 per sq. ft. of living area.  These condos sold for an average of 94% of the list price and averaged 197 days on market before going under contract.

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.

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 February 2020 Market Report

St Lucie County Townhouses and Condos December 2019 Market Report

01.30.20 by

St Lucie County Townhouses and Condos December 2019 Market Report

The St Lucie County Townhouses and Condos market for December 2019 had a very strong end of the year.  Closed sales were up by 35.9% from last year (were up by 12.6% in November). New pending sales were up by 21.5% for December (they were down by 1.1% in November).

Prices were mixed for December.  The median price decreased by 10.2% from last year (was up by 3.3% in November) while the average sales price increased by 1.3% (was up by 2.7 % in November).

The inventory of available townhouses and condos increased by 1 unit from last month to 581 units, which is 5.1% greater than December 2018. The current inventory is 5.9 months, as compared to 5.4 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues to be close to 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 December 2019 Market Report

 

Click to download the full report

View previous St. Lucie County market reports 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 December 2019 Market Report

Recent Posts:

Martin County Townhouses and Condos December 2019 Market Report

01.28.20 by

Martin County Townhouses and Condos December 2019 Market Report

The Martin County Townhouses and Condos December Market Report had slightly better sales activity when compared to last year.  Closed sales for the month were up by 6.0%.  And, they were down by 7.5% in November.  New sales under contract (new pending sales) were unchanged from December 2018.  They increased by 16.1% in November.

Prices, though, continued to rise for December.  The median sales price increased by 9.7% (was up by 12.5% in November). While the average sales price increased by 10.8% (was up by 3.9% in November).

The inventory of available townhouses and condos increased by 9 units to 382 properties.  This is an 8.8% larger inventory then we had in December 2018.  Currently, there’s a 4.2 months supply of inventory (compared to 3.5 months for December 2018).  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 December 2019 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos 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 Townhouses and Condos December 2019 Market Report

Recent Posts:

St Lucie County Townhouses and Condos November 2019 Market Report

12.30.19 by

St Lucie County Townhouses and Condos November 2019 Market Report

The St Lucie County Townhouses and Condos market for November 2019 showed mixed activity as compared to last year.  Closed sales were up by 12.6% from last year (were down by 17.5% in October). New pending sales were down by 1.1% for November (they were up by 13.9% in October).

Prices were up for November, though at a reduced rate.  The median price increased by 3.3% from last year (was up by 0.2% in October) while the average sales price increased by 2.7% (was down by 6.6% in October).

The inventory of available townhouses and condos increased by 5 units from last month to 581 units, which is 6.2% greater than November 2018. The current inventory is 6.0 months, as compared to 5.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues to be 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 November 2019 Market Report

 

Click to download the full report

Click here to view past St. Lucie County townhouses and condos 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.

Recent Posts:

St Lucie County Townhouses and Condos November 2019 Market Report

Martin County Townhouses and Condos November 2019 Market Report

12.26.19 by

Martin County Townhouses and Condos November 2019 Market Report

The Martin County Townhouses and Condos November Market Report had decreased sales activity when compared to last year.  Closed sales for the month were down by 7.5%.  They were up by 9.8% in October.  While new sales under contract (new pending sales) were down by 16.1% from November 2018.  They increased by 18.5% in October.

Prices, however, continued to rise for November.  The median sales price increased by 12.5% (was up by 16.8% in October) while the average sales price increased by 3.9% (was up by 29.0% in October).

The inventory of available townhouses and condos increased by 3 units to 373 properties.  This is a 5.7% larger inventory then we had in November 2018.  Currently, there’s a 4.1 months supply of inventory (compared to 3.5 months for November 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. 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 November 2019 Market Report
Click here to download the full report

Click here to view past Martin County Townhouses and Condos 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.

Recent Posts:

Martin County Townhouses and Condos November 2019 Market Report

St Lucie County Townhouses and Condos October 2019 Market Report

12.16.19 by

St Lucie County Townhouses and Condos October 2019 Market Report

The St Lucie County Townhouses and Condos market for October 2019 showed mixed activity as compared to last year.  Closed sales were down by 17.5% from last year (were up by 1.3% in September). New pending sales were up by 13.9% for October (they were down by 11.3% in September).

Prices were mixed for October.  The median price increased by 0.2% from last year (was down by 3.3% in September) while the average sales price decreased by 6.6% (was down by 17.8% in September).

The inventory of available townhouses and condos increased by 28 units from last month to 576 units, which is 6.7% greater than October 2018. The current inventory is 6.0 months, as compared to 5.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market has transitioned into 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 October 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos 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.

St Lucie County Townhouses and Condos October 2019 Market Report

Martin County Townhouses and Condos October 2019 Market Report

12.12.19 by

Martin County Townhouses and Condos October 2019 Market Report

The Martin County Townhouses and Condos October Market Report had better sales activity when compared to last year.  Closed sales for the month were up by 9.8%.  They were down by 17.8% in September.  While new sales under contract (new pending sales) were up by 18.5% from October 2018.  They increased by 17.5% in September.

Prices were up significantly for October.  The median sales price increased by 16.8% (was down by 11.7% in September) while the average sales price increased by 29.0% (was down by 19.1% in September).

The inventory of available townhouses and condos increased by 35 units to 370 properties.  This is a 6.6% larger inventory then we had in October 2018.  Currently, there’s a 4.1 months supply of inventory (compared to 3.4 months for October 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. 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 October 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos 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 Townhouses and Condos October 2019 Market Report

St Lucie County Townhouses and Condos September 2019 Market Report

11.11.19 by

St Lucie County Townhouses and Condos September 2019 Market Report

The St Lucie County Townhouses and Condos market for September 2019 showed mixed activity as compared to last year.  Closed sales were up by 1.3% from last year (were down by 29.9% in August). New pending sales were down by 11.3% for September (they were down by 14.4% in August).

Prices were lower for September.  The median price decreased by 3.3% from last year (was up by 4.9% in August) while the average sales price decreased by 17.8% (was down by 23.3% in August).

The inventory of available townhouses and condos increased by 17 units from last month to 548 units, which is 8.3% greater than September 2018. The current inventory is 5.6 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s 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 September 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos 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.

St Lucie County Townhouses and Condos September 2019 Market Report

Empress Condos on Hutchinson Island November 2019 Market Report

11.10.19 by

Empress Condos on Hutchinson Island November 2019 Market Report

For November 2019, there are 2 condos available for sale in the Empress Condos of Hutchinson Island.  The list prices are $420,000 and $449,999.  This is an average list price of $435,000 or $302.68 per sq. ft. of living area.

There are 2 Empress Condos currently under contract.  They were listed for $390,000 and $418,000.  This equals an average list price of $404,000 which is $311.01 per sq. ft. of living area.  These condos were on the market for an average of 94 days prior to going under contract.

In the past 12 months, 7 Empress condos have sold.  Sales prices ranged from $340,000 up to $530,000.  This is an average sales price of $382,500 which works out to $277.46 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 39 days.

Click here to view the 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 that 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

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

Empress Condos on Hutchinson Island November 2019 Market Report

Martin County Townhouses and Condos September 2019 Market Report

11.06.19 by

Martin County Townhouses and Condos September 2019 Market Report

The Martin County Townhouses and Condos September Market Report had mixed sales activity when compared to last year.  Closed sales for the month were down by 17.8%.  They were up by 1.2% in August.  While new sales under contract (new pending sales) were up by 17.5% from September 2018.  They decreased by 19.6% in August.

Prices were up significantly for September.  The median sales price increased by 16.8% (was down by 11.7% in August) while the average sales price increased by 29.0% (was down by 19.1% in August).

The inventory of available townhouses and condos decreased by 25 units to 335 properties.  This is a 3.2% smaller inventory then we had for in September 2018.  Currently, there’s a 3.7 month supply of inventory (compared to 3.0 months for September 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. 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 September 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos 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 Townhouses and Condos September 2019 Market Report

St Lucie County Townhouses and Condos August 2019 Market Report

10.09.19 by

St Lucie County Townhouses and Condos August 2019 Market Report

The St Lucie County Townhouses and Condos market for August 2019 has now had four consecutive months of activity that is weaker than last year..  Closed sales were down by 29.9% from last year (were down by 6.8% in July). New pending sales were down by 14.4% for August (they were down by 11.3% in July).

Prices were mixed for August.  The median price increased by 4.9% from last year (was down by 10.1% in July) while the average sales price decreased by 23.3% (was up by 4.8% in July).

The inventory of available townhouses and condos decreased by 21 units from last month to 531 units, which is 7.7% greater than August 2018. The current inventory is 5.5 months, as compared to 4.7 months of inventory last year.  The St Lucie County townhouses and condos market remains as a slight seller’s 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 August 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos 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.

St Lucie County Townhouses and Condos August 2019 Market Report

Martin County Townhouses and Condos August 2019 Market Report

10.07.19 by

Martin County Townhouses and Condos August 2019 Market Report

The Martin County Townhouses and Condos August Market Report had mixed sales activity when compared to last year.  Closed sales for the month were up by 1.2%.  They were down by 4.3% in July.  While new sales under contract (new pending sales) were down by 19.6% from August 2018.  They increased by 14.0% in July.

Prices were down for August.  The median sales price decreased by 11.7% (was up by 3.1% in July) while the average sales price decreased by 19.1% (was down by 10.2% in July).

The inventory of available townhouses and condos increased by 2 units to 360 properties.  This is a 20.4% greater inventory then we had for in August 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.0 months for August 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. 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 August 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos 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 Townhouses and Condos August 2019 Market Report