River Forest May 2019 Market Report

River Forest May 2019 Market Report

As of May 2019, there are 2 homes for sale in River Forest.  List prices are $289,000 and $319,000. This is an average list price of $304,000 which equates to $162.16 per sq. ft. of living area.

There are 2 homes currently under contract awaiting settlement.  The list prices of these homes were $290,000 and $299,999. This is an average list price of $295,000 which equals to $189.10 per sq. ft. of living area. These homes averaged 24 days on the market before going under contract.

In the past 12 months, 17 homes have sold in River Forest.  Sales prices ranged from $277,500 up to $350,000 for an average sales price of $300,002 which equals $176.24 per sq. ft. of living area.  Sales averaged 98% of list price and the average time on the market before going under contract was 44 days.

About River Forest in Stuart FL:

River Forest in Stuart Florida

Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-built family homes. The community features a clubhouse, pool, playground and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River. River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

River Forest in Stuart Florida

River Forest Home Owners Association

River Forest Boating in Stuart, Florida

River Forest Boating in Stuart, Florida

River Forest Community Pool in Stuart, Florida

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River Forest May 2019 Market Report

Martin County Single Family Homes March 2019 Market Report

Martin County Single Family Homes March 2019 Market Report

The Martin County Single Family Homes March 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 13.4% (were down by 0.6% in February).  While new pending sales decreased by 2.3% as compared to March 2018 (Decreased by 6.0% in February).

Prices were mixed for March.  The median sales price was up by 0.9% from last year (down by 7.9% in February) while the average sales price decreased by 0.4% (was up by 2.0% last month).

The inventory of available single-family homes decreased from last month by 72 homes to 1106 units for March,  this is 6.1% greater than last March.  The current supply of homes is 5.7 months, for March of last year, it was 5.1 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes March 2019 Market Report

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 March 2019 Market Report

Ocean Bay Villas May 2019 Market Report

Ocean Bay Villas May 2019 Market Report

For May 2019 there are 3 Ocean Bay Villas townhomes available for sale in this Hutchinson Island FL community.  List prices range from $414,000 up to $439,000.  This is an average list price of $426,000 or $184.99 per sq. ft. of living area.

There is 1 townhome currently under contract.  The list price was $458,900 which is $207.46 per sq. ft. of living area.  This property was on the market for 16 days prior to going under contract.

There have been 9 closed sales in the past 12 months.  Sales prices ranged from $348,642 up to $480,000 which averages to $417,316 and is equal to $170.84 per sq. ft. of living area.  These homes sold for an average of 97% of list price and also averaged 123 days on market before going under contract.

About the Ocean Bay Villas on Hutchinson Island in Jensen Beach:

Ocean Bay Villas on Hutchinson Island in Jensen Beach

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave with only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three story luxury townhome style residences with elevators and modern updated interiors.

Ocean Bay Villas on Hutchinson Island in Jensen Beach Ocean Bay Villas on Hutchinson Island in Jensen Beach

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

Ocean Bay Villas on Hutchinson Island in Jensen Beach Ocean Bay Villas on Hutchinson Island in Jensen Beach

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool, and spa.  A true resort style lifestyle that can be yours every day.

Ocean Bay Villas on Hutchinson Island in Jensen Beach

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Ocean Bay Villas May 2019 Market Report

Florida Single Family Homes March 2019 Market Report

Florida Single Family Homes March 2019 Market Report

The Florida Single Family Homes Market Report for February 2019 showed little change in sales volume when compared to last year.  The closed sales were unchanged (were up by 1.9% in February) and new sales under contract (new pending sales) were up by 2.6% (were unchanged in February).

Prices were mixed for March.  The median sales price rose by 2.0% (it was up by 1.3% in February) and the average sales prices dropped by 1.4% (it was down by 0.4% last month).

The inventory of available homes for sale increased by 9.6% from last year.  This is a 4.2 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (March 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes March 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes March 2019 Market Report

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.

March 2019 Florida Single Family Homes Market Report

Martin County Single Family Homes February 2019 Market Report

Martin County Single Family Homes February 2019 Market Report

The Martin County Single Family Homes February 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 0.6% (were down by 18.4% in January).  While new pending sales decreased by 6.0% as compared to February 2018 (Increased by 7.3% in January).

Prices were mixed for February.  The median sales price was down by 7.9% from last year (up by 10.8% in January) while the average sales price increased by 2.0% (was up by 49.3% last month).

The inventory of available single-family homes increased from last month by 48 homes to 1178 units for February,  this is 13.4% greater than last February.  The current supply of homes is 5.9 months, for February of last year, it was 5.1 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes February 2019 Market Report

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 February 2019 Market Report