Coral Lakes Real Estate Market Report November 2024

11.12.24 by

Coral Lakes Real Estate Market Report November 2024

For November 2024, no homes are available for sale in Coral Lakes in Stuart FL.

2 Coral Lakes homes are currently under contract. The list prices were $650,000 and $665,000. This is an average list price of $657,500 or $311.93 per sq. ft. of living space.

5 Coral Lakes homes have sold in the past 12 months.  These homes sold for prices ranging from $500,000 up to $700,000.  This equals an average sales price of $628,000 which works out to $308.19 per sq. ft. of living area. These homes were on the market for an average of 78 days before going under contract. And, they sold for an average of 96% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart Florida
Google Earth image

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart Florida
Google Earth image

There are just under 100 homesites in Coral Lakes with the first homes built in 1980 and the most recently completed one in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Other than a storage lot for boats, RVs, and trailers there are no additional amenities in Coral Lakes and the low HOA fee covers maintenance of the common areas, gates, and management.  Many homes have private pools in these spacious single-family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart Florida
Google Earth image

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL

Check here to see which Coral Lakes homes are available for sale.

Search for Coral Lakes real estate in Stuart FL

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

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

Coral Lakes Real Estate Market Report November 2024

Martin County Townhouses and Condos 2024 3rd Quarter Report

11.01.24 by

Martin County Townhouses and Condos 2024 3rd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2024 3rd Quarter Report

For the Martin County townhouses and condos real estate market sales volume was down for the quarter. Prices were mixed for this period while we had continued increasing inventory. Interest rates remain high for the time being but should start going down soon. I expect sales to remain somewhat sluggish for the short term. We are in a slight buyer’s market for now. I suspect that may soon change.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2024 3rd Quarter Report

Florida Townhouses and Condos 2024 3rd Quarter Report

10.30.24 by

Florida Townhouses and Condos 2024 3rd Quarter Report

Click the image below to view the 2024 3rd Quarter Report as reported by Florida Realtors.

For the 3rd quarter of 2024, the Florida townhouse and condo real estate market continued to show weaker sales activity. Prices were mixed and inventory rose for this quarter. Interest rates remain high. So, I expect sales to stay sluggish at least until mortgage rates come down a bit. We have now entered into a buyer’s market for this segment of the Florida real estate market.

Click here to view/download the full report

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2024 3rd Quarter Report

Florida Single Family Homes 2024 3rd Quarter Report

10.29.24 by

Florida Single Family Homes 2024 3rd Quarter Report

Click the image below to view the full details of the 2024 3rd quarter single-family home market report as reported by Florida Realtors.

For the 3rd quarter of 2024, Florida single-family homes continued the trend of reduced sales volume. Prices remained stable while inventory rose for this quarter. Interest rates remain high. So, I expect sales to stay somewhat sluggish. Though we have become a seller’s market once again. I suspect that we will soon be in a buyer’s market.

Click here to view/download the full report

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2024 3rd Quarter Report

Florida Townhouses and Condos September 2024 Market Report

10.24.24 by

Florida Townhouses and Condos September 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 20.7% compared to last month’s decrease of 14.9%.  New sales under contract (new pending sales) decreased by 16.3% (In August, there was a 19.0% decrease).

Prices were mixed for September compared to last year. The median sales price was down by 3.4% for September (down by 4.3% in August). And the average sales price increased by 1.8% (was up by 3.7% in August).

The inventory of active listings increased by 65.3% from September last year.  This results in a 7.4-month supply of inventory as compared to a 4.1-month supply for September 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos September 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos September 2024 Market Report

Florida Townhouses and Condos August 2024 Market Report

09.21.24 by

Florida Townhouses and Condos August 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 14.9% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 19.0% (In July, there was a 10.4% decrease).

Prices were down for August compared to last year. The median sales price was down by 4.3% for August (down by 1.3% in July). And the average sales price increased by 3.7% (was up by 3.0% in July).

The inventory of active listings increased by 74.7% from August last year.  This results in a 7.2-month supply of inventory as compared to a 3.8-month supply for August 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos August 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos August 2024 Market Report

Jensen Beach Club Real Estate Market Report September 2024

09.06.24 by

Jensen Beach Club Real Estate Market Report September 2024

3 condos are for sale in the Jensen Beach Club condo community on Hutchinson Island in Jensen Beach FL for September 2024.  The list prices range from $319,900 up to $434,000. This is an average list price of $360,967 which equals $324.79 per sq. ft. of living area.

No Jensen Beach Club condos are currently under contract.

In the past 12 months, 7 Jensen Beach Club condos have sold. Sales prices ranged from $311,000 up to $455,000.  This equals an average sales price of $392,986 which is $357.22 per sq. ft. of living area. These condos were on the market for an average of 34 days before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Jensen Beach Club market report!

About the Jensen Beach Club on Hutchinson Island:

Jensen Beach Club on Hutchinson Island
Google Earth image

The Jensen Beach Club is a complex consisting of 9 buildings surrounding a lake on Hutchinson Island and lying on a pristine 21 acres. Located directly across the street from the Ocean at the Jensen Beach Public Beach. There are 196 condos which are all 1,090 sq. ft. of living area. They are all 2 bedrooms and 2 bathrooms with private balconies or patios. The Jensen Beach Club complex was built between 1986 and 1987 and has a community pool, clubhouse, and tennis courts. These are three-story buildings with the most desirable condos being the end units with lake views.

The Jensen Beach Club will allow up to a 25 lb. or smaller pet and rentals are also allowed with some restrictions. The maintenance fee includes the insurance and maintenance for the building exterior as well as the common areas, pest control, management, and water, and sewer charges.

There are two designated parking spots for each unit and ample guest parking as well. Jensen Beach Club residents enjoy the convenience of having ocean access just across the street. And, also being a short drive or bicycle ride to restaurants, shopping, and the wonderful amenities of Jensen Beach and Martin County FL. All at a very affordable price.

Jensen Beach Club on Hutchinson Island

Search for available Jensen Beach Club Condos here.

Jensen Beach Club condos for sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House –Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View –Sailfish Point – Sandpebble – Seaside – Suntide

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.

Jensen Beach Club Real Estate Market Report September 2024

Martin County Townhouses and Condos 2024 2nd Quarter Report

08.31.24 by

Martin County Townhouses and Condos 2024 2nd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2024 2nd Quarter Report
Martin County Townhouses and Condos 2024 2nd Quarter Report

For the Martin County townhouses and condos real estate market sales volume was down for the quarter. Prices decreased for this period while we had continued increasing inventory. Interest rates remain high for the time being but should start going down soon. I expect sales to remain somewhat sluggish for the short term. We remain in a balanced market for now. I suspect that we will soon be in a buyer’s market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2024 2nd Quarter Report

Florida Townhouses and Condos 2024 2nd Quarter Report

08.29.24 by

Florida Townhouses and Condos 2024 2nd Quarter Report

Click the image below to view the 2024 2nd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2024 2nd Quarter Report

For the 2nd quarter of 2024, the Florida townhouse and condo real estate market continued to show weaker sales activity. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to stay sluggish at least until mortgage rates come down a bit. We have now entered into a buyer’s market for this segment of the Florida real estate market.

Click here to view/download the full report

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2024 2nd Quarter Report

Florida Single Family Homes 2024 2nd Quarter Report

08.28.24 by

Florida Single Family Homes 2024 2nd Quarter Report

Click the image below to view the full details of the 2024 2nd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2024 2nd Quarter Report

For the 2nd quarter of 2024, Florida single-family homes continued the trend of reduced sales volume. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to stay somewhat sluggish. Though we have become a seller’s market once again. I suspect that we will soon be in a buyer’s market.

Click here to view/download the full report

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2024 2nd Quarter Report

Florida Townhouses and Condos July 2024 Market Report

08.23.24 by

Florida Townhouses and Condos July 2024 Market Report

Florida Townhouses and Condos real estate market report had slightly weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 1.2% compared to last month’s decrease of 20.5%.  New sales under contract (new pending sales) decreased by 10.4% (In June, there was a 7.9% decrease).

Prices were mixed for July compared to last year. The median sales price was down by 1.3% for July (unchanged in June). And the average sales price increased by 3.0% (was up by 2.4% in June).

The inventory of active listings increased by 91.1% from July last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for July 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos July 2024 Market Report
Florida Townhouses and Condos July 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos July 2024 Market Report

Harbour Pointe Real Estate Market Report August 2024

08.20.24 by

Harbour Pointe Real Estate Market Report August 2024

For August 2024, 2 homes are for sale in Harbour Pointe in Palm City FL. The list prices are $673,000 and $680,000. This is an average list price of $676,500 which is $322.51 per square foot of living area.

There are also 2 Harbour Pointe homes currently under contract. The list prices were $635,000 and $674,900. This equals an average list price of $654,950 or $320.29 per square foot of living space.

3 Harbour Pointe homes have sold in the past 12 months. Sales prices ranged from $640,000 up to $775,000.  This is an average sales price of $708,333 which is $283.12 per square foot of living area.  These homes sold for an average of 99% of the list price. And, they averaged 42 days on the market before going under contract.

Click here to view the previous Harbour Pointe market report!

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL
Image courtesy of Google Earth

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.

Harbour Pointe in Palm City FL

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 make it a commuter’s dream!

Harbour Pointe in Palm City Entrance

Currently Available Homes in Harbour Pointe

Harbour Pointe in Palm City FL home search

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 Real Estate Market Report August 2024

 

Florida Townhouses and Condos June 2024 Market Report

07.24.24 by

Florida Townhouses and Condos June 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 20.5% compared to last month’s decrease of 8.6%.  New sales under contract (new pending sales) decreased by 7.9% (In May, there was a 13.8% decrease).

Prices were up for June compared to last year. The median sales price was up by 0.0% for June (also up by 1.5% in May). And the average sales price increased by 2.4% (was up by 3.1% in May).

The inventory of active listings increased by 91.9% from June last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for June 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos June 2024 Market Report
Florida Townhouses and Condos June 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos June 2024 Market Report

Florida Townhouses and Condos May 2024 Market Report

06.22.24 by

Florida Townhouses and Condos May 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 8.6% compared to last month’s increase of 1.9%.  New sales under contract (new pending sales) decreased by 13.8% (In April, there was a 4.3% decrease).

Prices were up for May compared to last year. The median sales price was up by 1.5% for May (also up by 3.1% in April). And the average sales price increased by 3.1% (was up by 8.2% in April).

The inventory of active listings increased by 91.3% from May last year.  This results in a 7.2-month supply of inventory as compared to a 3.6-month supply for May 2023.  We have slipped into a buyer’s market for Florida townhouse and condo sales after a long period of being in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos May 2024 Market Report
Florida Townhouses and Condos May 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos May 2024 Market Report

Martin County Townhouses and Condos 2024 1st Quarter Report

05.31.24 by

Martin County Townhouses and Condos 2024 1st Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2024 1st Quarter Report
Martin County Townhouses and Condos 2024 1st Quarter Report

For the Martin County townhouses and condos real estate market sales numbers increased slightly. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to remain somewhat sluggish, and we have entered into a balanced market. I suspect that we will soon be in a buyer’s market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2024 1st Quarter Report

Florida Townhouses and Condos 2024 1st Quarter Report

05.29.24 by

Florida Townhouses and Condos 2024 1st Quarter Report

Click the image below to view the 2024 1st Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2024 1st Quarter Report

For the 1st quarter of 2024, the Florida townhouse and condo real estate market continued the trend of reduced sales volume. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to remain somewhat sluggish, though we remain in a seller’s market for Florida single-family home sales.

Click here to view/download the full report

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2024 1st Quarter Report

Florida Single Family Homes 2024 1st Quarter Report

05.28.24 by

Florida Single Family Homes 2024 1st Quarter Report

Click the image below to view the full details of the 2024 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2024 1st Quarter Report

For the 1st quarter of 2024, Florida single-family homes continued the trend of reduced sales volume. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to remain somewhat sluggish, and we have entered into a balanced market. I suspect that we will soon be in a buyer’s market.

Click here to view/download the full report

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2024 1st Quarter Report

Florida Townhouses and Condos April 2024 Market Report

05.23.24 by

Florida Townhouses and Condos April 2024 Market Report

Florida Townhouses and Condos real estate market report had slightly stronger sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were up by 1.9% compared to last month’s decrease of 16.6%.  New sales under contract (new pending sales) decreased by 4.3% (In March, there was a 12.6% decrease).

Prices were up for April compared to last year. The median sales price was up by 3.1% for April (also up by 3.1% in March). And the average sales price increased by 8.2% (was up by 1.5% in March).

The inventory of active listings increased by 84.5% from April last year.  This results in a 6.9-month supply of inventory as compared to a 3.5-month supply for April 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos April 2024 Market Report
Florida Townhouses and Condos April 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos April 2024 Market Report

Coral Lakes Real Estate Market Report May 2024

05.21.24 by

Coral Lakes Real Estate Market Report May 2024

For May 2024, there is 1 home available for sale in Coral Lakes in Stuart FL. The list price is $710,000 which is $389.25 per sq. ft. of living space.

There are no Coral Lakes homes currently under contract.

3 Coral Lakes homes have sold in the past 12 months.  These homes sold for prices ranging from $500,000 up to $700,000.  This equals an average sales price of $620,000 which works out to $287.46 per sq. ft. of living area. These homes were on the market for an average of 103 days before going under contract. And, they sold for an average of 95% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes real estate in Stuart Florida
Google Earth image

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart Florida
Google Earth image

There are just under 100 homesites in Coral Lakes with the first homes built in 1980 and the most recently completed one in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Other than a storage lot for boats, RVs, and trailers there are no additional amenities in Coral Lakes and the low HOA fee covers maintenance of the common areas, gates, and management.  Many homes have private pools in these spacious single-family home sites as well as other much-desired amenities.

Coral Lakes real estate in Stuart Florida
Google Earth image

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL

Check here to see which Coral Lakes homes are available for sale.

Search for Coral Lakes real estate in Stuart FL

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

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

Coral Lakes Real Estate Market Report May 2024

Florida Townhouses and Condos March 2024 Market Report

04.19.24 by

Florida Townhouses and Condos March 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 16.6% compared to last month’s decrease of 2.5%.  New sales under contract (new pending sales) decreased by 12.6% (In February, there was a 4.8% decrease).

Prices were up for March compared to last year. The median sales price was up by 3.1% for March (was up by 3.2% in February). And the average sales price increased by 1.5% (was up by 3.4% in February).

The inventory of active listings increased by 77.9% from March last year.  This results in a 6.6-month supply of inventory as compared to 3.4-month for March 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos March 2024 Market Report
Florida Townhouses and Condos March 2024 Market Report
Download/view the full report

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

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

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

Florida Townhouses and Condos March 2024 Market Report