Martin County Single Family Homes May 2020 Market Report

Martin County Single Family Homes May 2020 Market Report

The Martin County Single Family Homes Market Report is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year. Though there is a glimmer of hope as new pending sales rose. Closed sales were down by 50.0% from last month (were down by 25.3% in March).  While new pending sales increased by 21.8% as compared to last month when they decreased by 49.8%.

Prices were mixed for April.  The median sales price was down from last year by 3.9% (it was down by 3.6% in April) while the average sales price increased by 9.4% (it was down by 3.7% last month).

The inventory of available single-family homes decreased from last month by 63 homes to 902 homes for May. This is 15.8% less inventory than last May.  The current supply of homes is 4.8 months.  For April of last year, it was a 5.4 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2020 Market Report

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes May 2020 Market Report

Florida Single Family Homes May 2020 Market Report

Florida Single Family Homes May 2020 Market Report

The Florida Single Family Home market is now showing the effects of the current pandemic. Closed sales are down for the month when compared to last year, but pending sales saw a slight rise. Closed sales were down by 36.2% (were down by 20.7% in April). New sales under contract (new pending sales) were up by 2.3% (were down by 35.1% in April).

Prices were mixed for April.  The median sales price rose by 1.5% (it was up by 6.0% in April). The average sales price was down by 0.3% (it was up by 3.0% last month).

The inventory of available homes for sale decreased by 18.3% from last year.  This represents a 3.3 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (May 2019 had a 4.0 months supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes May 2020 Market Report
Recent Florida Market Report Posts:

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

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

Florida Single Family Homes May 2020 Market Report

Locks Landing in Stuart Florida June 2020 Market Report

Locks Landing in Stuart Florida June 2020 Market Report

As of June 2020, there are 6 homes on the market in Locks Landing in Stuart Florida.  These homes are listed for prices from $450,000 up to $749,000.  This equals an average list price of $538,417 which equals $204.30 per sq. ft. of living area.

There is 1 home currently under contract. It was listed for $425,000 or $228.74 per sq. ft. of living area. This home was on the market for 10 days before going under contract.

In the past 12 months, 5 homes have sold in Locks Landing.  Sales prices ranged from $390,000 up to $545,000.  This is an average sales price of $464,200 which is $190.96 per sq. ft. of living area. These sales averaged 98% of list price and went under contract in an average of 43 days after being listed.

Click here to view recent Locks Landing market reports!

About Locks Landing in Stuart FL:

Locks Landing in Stuart FL

Locks Landing in Stuart Florida is a gated planned unit community of 243 homes on the southeastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing in Stuart FL

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots.   Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway.  This wonderful family neighborhood boasts a number of docks with available water and electrics.  Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of freshwater fishing.  For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate.  The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer.  This family-friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School, and South Fork High School

Locks Landing in Stuart FL

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

Recent Market Report Posts:

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

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

Locks Landing in Stuart Florida June 2020 Market Report

The Retreat in Hobe Sound June 2020 Market Report

The Retreat in Hobe Sound June 2020 Market Report

For June 2020, there are 5 homes available to purchase in the Retreat of Hobe Sound. List prices range from $324,900 up to $444,900.  This is an average price of $381,200 which equals $205.86 per square foot of living area.

There are no homes under contract at this time.

In the past 12 months, 31 homes have sold in the Retreat.  Sales prices ranged from a low of $273,000 to a high of $537,000.  This is an average sales price of $345,997 or $201.94 per sq. ft. of living area. These sales averaged 97% of list price and averaged 49 days on the market before going under contract.

Click here to view recent Retreat market reports!

About the Retreat in Hobe Sound:

The Retreat in Hobe Sound

This is a beautiful DiVosta master-planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound.  The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

The Retreat in Hobe Sound

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second homeowner looks forward to in Florida living.  Amenities at the Retreat include a heated community pool, clubhouse, fitness room, and tennis courts.  Golf course access is right next door at the Lost Lake Golf and Country Club.

The Retreat in Hobe Sound

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

The Retreat in Hobe Sound

HOA fees in the Retreat include Basic Cable, Common Areas, Grounds / Plants, Lawn Care, Management Fees, Manager, Recreational Facilities, Reserve Funds, and Trash Pickup.

The Retreat in Hobe Sound

Currently, some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

Recent Market Report Posts:

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

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

The Retreat in Hobe Sound June 2020 Market Report

Martin County Single Family Homes April 2020 Market Report

Martin County Single Family Homes April 2020 Market Report

The Martin County Single Family Homes Market Report 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 25.3% from last month (were up by 7.8% in March).  While new pending sales decreased by 49.8% as compared to last month when they decreased by 31.9%.

Prices were lower for April.  The median sales price was down from last year by 3.6% (it was unchanged in March) while the average sales price decreased by 3.7% (it was down by 7.8% last month).

The inventory of available single-family homes decreased from last month by 5 homes to 965 homes for March. This is 12.6% less inventory than last April.  The current supply of homes is 4.8 months.  For April of last year, it was a 5.6 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be a 6 to 7 month supply of inventory.

Click here to view the previous Martin County single-family homes market reports

Recent 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 Single Family Homes April 2020 Market Report