Martin County Single Family Homes April 2024 Market Report

05.24.24 by

Martin County Single Family Homes April 2024 Market Report

The Martin County Single Family Homes Market Report showed slightly weaker sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were down by 2.0% from last year (they were down by 16.4% in March). At the same time, new pending sales decreased by 0.5% compared to last year (which decreased by 5.2% last month).

Prices rose for April when compared to last year.  The median sales price increased from last year by 6.6% (down by 2.4% in March) while the average sales price increased by 2.2% (down by 14.0% last month).

The inventory of available single-family homes decreased by 22 homes to 669. This is a 44.5% greater inventory than last April.  The current supply of homes is 4.1 months.  For April of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered 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.

Martin County Single Family Homes April 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes April 2024 Market Report

Florida Single Family Homes April 2024 Market Report

05.22.24 by

Florida Single Family Homes April 2024 Market Report

The Florida Single Family Home real estate market had slightly stronger sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates. Closed sales were up by 5.8% (were down by 10.4% in March). New sales under contract (new pending sales) were up by 0.8% (were down by 3.0% in March).

Prices increased for April when compared to last year.  The (year-to-year) median sales price was up by 4.9% (it was up by 3.9% in March). And, the average sales price was up by 9.2% (it was up by 10.1% last month).

The inventory of available homes for sale increased by 52.9% from last year.  This represents a 4.2-month supply of inventory (April 2023 had a 2.6-month supply). Florida remains in a seller’s market with the advantage to sellers. 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.

Previous Florida real estate market report posts.

Florida Single Family Homes April 2024 Market Report
Download/View the full 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 April 2024 Market Report

 

River Forest Real Estate Market Report May 2024

05.19.24 by

River Forest Real Estate Market Report May 2024

As of May 2024, there is only 1 home available for sale in River Forest in Stuart FL. The list price is $445,000 or $273.85 per sq. ft. of living area.

There is also 1 River Forrest home currently under contract and awaiting settlement.  The list price was $549,000 which equals $337.85 per sq. ft. of living area. This home was on the market for 17 days before going under contract.

In the past 12 months, 11 River Forest homes have sold.  Sales prices ranged from $390,000 up to $549,000. This equals an average sales price of $456,045 which is $276.63 per sq. ft. of living area.  These homes averaged 23 days on the market before going under contract. And, the sales prices averaged 98% of the list price.

Click here to view the previous River Forest market report!

About River Forest in Stuart FL:

River Forest in Martin County Florida
Google Earth image

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 real estate in Martin County Florida

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!

Low River Forest HOA fees include maintenance and insurance for the common areas, clubhouse, pool, and boat ramp, as well as professional management services.  All ages are welcome in River Forest (unlike the neighboring Saint Lucie Falls community which is a 55 and over community).

River Forest in Martin County Florida

Search for All River Forest Homes for Sale

Search for River Forest homes for sale 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.

River Forest Real Estate Market Report May 2024

Ocean Bay Villas Real Estate Market Report May 2024

05.02.24 by

Ocean Bay Villas Real Estate Market Report May 2024

For May 2024, 5 Ocean Bay Villas are available for sale in this Hutchinson Island FL community.  The list prices range from $665,000 up to $795,000. This is an average list price of $736,000 which is $308.56 per sq. ft. of living area.

There are no Ocean Bay Villas homes currently under contract.

There have been 8 Ocean Bay Villas sales in the past 12 months.  Sales prices ranged from $649,900 up to $795,000. This equals an average sales price of $725,613 which works out to $303.98 per sq. ft. of living area.  These homes sold for an average of 96% of the list price. And, they averaged 69 days on the market before going under contract.

Click here to view the previous Ocean Bay Villas market report!

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

Ocean Bay Villas on Hutchinson Island in Jensen Beach Florida
Google Earth image

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave with only 78 owners located on 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 real estate on Hutchinson Island in Jensen Beach Florida

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

All models have two-car garages and 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 real estate on Hutchinson Island in Jensen Beach Florida

Search for all Available Ocean Bay Villas on Hutchinson Island in Stuart Florida

Search for Ocean Bay Villas real estate on Hutchinson Island in Jensen Beach 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.

Ocean Bay Villas Real Estate Market Report May 2024

Martin County Single Family Homes March 2024 Market Report

04.22.24 by

Martin County Single Family Homes March 2024 Market Report

The Martin County Single Family Homes Market Report showed weaker sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were down by 16.4% from last year (they were up by 34.7% in February). At the same time, new pending sales decreased by 5.2% compared to last year (which increased by 2.5% last month).

Prices were lower for March as compared to last year.  The median sales price decreased from last year by 2.4% (up by 20.4% in February) while the average sales price decreased by 14.0% (up by 5.9% last month).

The inventory of available single-family homes increased by 14 homes to 691. This is a 41.3% greater inventory than last March.  The current supply of homes is 4.2 months.  For March of last year, it was 3.1 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered 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.

Martin County Single Family Homes March 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes March 2024 Market Report

Florida Single Family Homes March 2024 Market Report

04.18.24 by

Florida Single Family Homes March 2024 Market Report

The Florida Single Family Home 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. Closed sales were down by 10.4% (were up by 2.2% in February). New sales under contract (new pending sales) were down by 3.0% (were down by 0.3% in February).

Prices increased for March when compared to last year.  The (year-to-year) median sales price was up by 3.9% (it was up by 5.1% in February). And, the average sales price was up by 10.1% (it was up by 5.7% last month).

The inventory of available homes for sale increased by 40.5% from last year.  This represents a 4.1-month supply of inventory (March 2023 had a 2.7-month supply). Florida remains in a seller’s market with the advantage to sellers. 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.

Previous Florida real estate market report posts.

Florida Single Family Homes March 2024 Market Report
Download/View the full 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 March 2024 Market Report

 

Martin County Single Family Homes February 2024 Market Report

03.25.24 by

Martin County Single Family Homes February 2024 Market Report

The Martin County Single Family Homes Market Report showed strong sales activity when compared to last year. Even as we face some economic uncertainties, mortgage rates appear to have peaked and started to decline. Closed sales were up by 34.7% from last year (they were down by 5.3% in January). At the same time, new pending sales increased by 2.5% compared to last year (which increased by 9.0% last month).

Prices were higher for February as compared to last year.  The median sales price increased from last year by 20.4% (down by 0.7% in January) while the average sales price increased by 5.9% (up by 56.2% last month).

The inventory of available single-family homes increased by 41 homes to 677. This is a 31.5% greater inventory than last February.  The current supply of homes is 4.1 months.  For February of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered 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.

Martin County Single Family Homes February 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes February 2024 Market Report

Florida Single Family Homes February 2024 Market Report

03.21.24 by

Florida Single Family Homes February 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 2.2% (were up by 0.6% in January). New sales under contract (new pending sales) were down by 0.3% (were down by 2.9% in January).

Prices increased for February when compared to last year.  The (year-to-year) median sales price was up by 5.1% (it was up by 3.8% in January). And, the average sales price was up by 5.7% (it was up by 9.7% last month).

The inventory of available homes for sale increased by 36.5% from last year.  This represents a 3.9 months supply of inventory (February 2023 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. 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.

Previous Florida real estate market report posts.

Florida Single Family Homes February 2024 Market Report
Download/View the full 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 February 2024 Market Report

 

Sugar Hill Real Estate Market Report March 2024

03.14.24 by

Sugar Hill Real Estate Market Report March 2024

As of March 2024, there are no homes on the market in Sugar Hill in Jensen Beach, FL.

There are also no Sugar Hill homes under contract and awaiting settlement at this time.

There have been 6 Sugar Hill homes sold in the past 12 months.  Sales prices ranged from $755,000 up to $1,100,000.  This works out to an average sales price of $895,417 which is $312.33 per sq. ft. of living area.  Sales prices averaged 94% of the list price. And, these homes averaged 49 days on the market prior to going under contract.

Click here to view previous Sugar Hill market reports.

About Sugar Hill in Jensen Beach Florida:

Sugar Hill real estate in Jensen Beach Florida
Google Earth image

Sugar Hill homes for sale:

Sugar Hill in Jensen Beach is an eye-pleasing high-elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded by gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill real estate in Jensen Beach Florida
Google Earth image

Sugar Hill has very reasonable HOA fees.

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Recent Sugar Hill sales:

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.

Sugar Hill Real Estate Market Report March 2024

Moon River Real Estate Market Report March 2024

03.11.24 by

Moon River Real Estate Market Report March 2024

As of March 2024, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

There is 1 Moon River home currently pending (under contract). The list price was $759,900 which equals $315.18 per sq. ft. of living space. This home was on the market for 28 days before going under contract.

There have been 2 Moon River home sales in the past 12 months. The sales prices were $450,000 and $699,900. This is an average sales price of $572,450 which is $296.61 per sq. ft. of living area. These homes were on the market for an average of 37 days prior to going under contract. And, they sold for an average of 94% of the last list price.

Click here to view recent Moon River market reports!

About Moon River in Jensen Beach Florida:

Moon River real estate in Jensen Beach Florida
Google Earth image

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River real estate in Jensen Beach Florida
Google Earth image

Home sizes range from 3-bedroom, 3-bathroom two-story homes with over 2.700 sq. ft. of living area down to 2-bedroom, 2-bathroom, 1-story homes with just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few offering covered parking for up to 4 cars. 

This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 

Moon River real estate in Jensen Beach Florida

Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants, and the remaining wonderful amenities that Martin County has to offer.

Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

Moon River in Jensen Beach on Hutchinson Island
Moon River in Jensen Beach on Hutchinson Island

The current Martin County Schools for Moon River are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the current listings in Moon River in Jensen Beach

 For any questions you may have about the March 2024 Market Report for Moon River in Jensen Beach, please call or email Gabe Sanders at 772-888-2885 or Contact Him Here

Jensen Beach Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Moon River Real Estate Market Report March 2024

The Pines and Windemere Real Estate Market Report March 2024

03.08.24 by

The Pines and Windemere Real Estate Market Report March 2024

For March 2024, there are 3 homes available for sale in the Pines and Windemere communities in Jensen Beach FL. The list prices range from a low of $619,000 to a high of $750,000.  This is an average list price of $676,300 which equals $257.94 per sq. ft. of living area.

There are 4 Pines and Windemere homes currently under contract and awaiting settlement.  The list prices ranged from $535,000 up to $749,900. This works out to an average list price of $614,975 or $295.32 per sq. ft. of living area.  These homes were on the market for an average of 40 days before going under contract.

In the past 12 months, 27 Pines and Windemere homes have sold.  Sales prices ranged from a low of $440,000 up to a high of $847,000. This equals an average sales price of $605,428 which equals $285.64 per sq. ft. of living area.  These homes were on the market for an average of 44 days before going under contract. And, they sold for an average of 99% of the list price.

Click here to view the previous Pines and Windemere market report!

About the Pines and Windemere in Jensen Beach FL:

The Pines and Windemere

Located adjacent to the new Jensen Beach High School, and Felix A. Williams Elementary School, among Martin County’s best schools, is only one reason why The Pines and Windemere communities are so desirable.

The Pines and Windemere real estate in Jensen Beach FL

Some residents have stated, “Sending our children to Felix A. Williams is like having a private school in our own backyard.”  And as far as Jensen Beach High School: “Our Kids can walk to the new High School”.

In addition to the best schools, The Pines is located just a little over 2 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course (Eagle Marsh) is right next door, and a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

The Pines and Windemere real estate in Jensen Beach FL

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are within walking distance, and grocery stores are located nearby.

World-famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

The Pines

Adjacent to the Pines is the smaller community of Windemere and the Preserves. 

Neither the Pines nor Windemere offers the amenities of a community pool or clubhouse which keeps the HOA fees quite low at $55.00 and $60.00 a month respectively.

The Pines
Some Extra History:

When these developments were planned the original intent was to combine the two for ease of access.  However, the County decided to nix these plans as they felt that out-of-area residents would use Windemere Drive as a shortcut between US-1 and Jensen Beach, causing a lot of congestion in this community.

 Search here for the Pines and Windemere homes for sale!

Jensen Beach Florida Real Estate

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.

The Pines and Windemere Real Estate Market Report March 2024

Martin County Single Family Homes January 2024 Market Report

02.26.24 by

Martin County Single Family Homes January 2024 Market Report

The Martin County Single Family Homes Market Report showed slower sales activity from last year. We continue to face some economic uncertainties, though mortgage rates appear to have peaked and have started to decline. Closed sales were down by 5.3% from last year (they were down by 2.3% in December). At the same time, new pending sales increased by 9.0% compared to last year (which decreased by 4.9% last month).

Prices were mixed for January as compared to last year.  The median sales price decreased from last year by 0.7% (up by 1.8% in December) while the average sales price increased by 56.2% (up by 5.4% last month).

The inventory of available single-family homes increased by 46 homes to 636. This is a 20.0% greater inventory than last January.  The current supply of homes is 3.9 months.  For January of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered 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.

Martin County Single Family Homes January 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes January 2024 Market Report

Florida Single Family Homes January 2024 Market Report

02.22.24 by

Florida Single Family Homes January 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 0.6% (were down by 3.8% in December). New sales under contract (new pending sales) were down by 2.9% (were down by 3.3% in December).

Prices increased for January when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was also up by 3.8% in December). And, the average sales price was up by 9.7% (it was up by 7.2% last month).

The inventory of available homes for sale increased by 24.8% from last year.  This represents a 3.8 months supply of inventory (January 2023 had a 2.8 months supply). Florida remains in a seller’s market with the advantage to sellers. 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.

Previous Florida real estate market report posts.

Florida Single Family Homes January 2024 Market Report
Download/View the full 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 January 2024 Market Report

 

Martin County Single Family Homes December 2023 Market Report

02.03.24 by

Martin County Single Family Homes December 2023 Market Report

The Martin County Single Family Homes Market Report showed slower sales activity from last year. We continue to face some economic uncertainties, though mortgage rates appear to have peaked and have started to decline. Closed sales were down by 2.3% from last year (they were up by 24.5% in November). At the same time, new pending sales decreased by 4.9% compared to last year (which increased by 8.8% last month).

Prices were up for December as compared to last year, however not as fast as in previous months.  The median sales price increased from last year by 1.8% (up by 12.8% in November) while the average sales price increased by 5.4% (up by 41.8% last month).

The inventory of available single-family homes increased by 5 homes to 590. This is an 18.2% greater inventory than last December.  The current supply of homes is 3.6 months.  For December of last year, it was 3.1 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered 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.

Martin County Single Family Homes December 2023 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes 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 Single Family Homes December 2023 Market Report

Florida Single Family Homes December 2023 Market Report

02.01.24 by

Florida Single Family Homes December 2023 Market Report

The Florida Single Family Home real estate market had slightly weaker sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were down by 3.8% (were up by 4.2% in November). New sales under contract (new pending sales) were down by 3.3% (were down by 1.2% in November).

Prices increased for December when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was up by 3.3% in November). And, the average sales price was up by 7.2% (it was up by 5.6% last month).

The inventory of available homes for sale increased by 17.8% from last year.  This represents a 3.6 months supply of inventory (December 2022 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. 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.

Previous Florida real estate market report posts.

Florida Single Family Homes December 2023 Market Report
Download/View the full 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 December 2023 Market Report

 

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

01.25.24 by

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2023 continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 10.5% as compared to 2022 which saw a decrease of 27.3% and new sales under contract (new pending sales) decreased by 5.3% (2022 saw a decrease of 28.7%).

St Lucie County Townhouses and Condos Sales 2023 Yearly Review
Click the image for the full report

Prices were up when compared to last year, however, these prices are not rising as fast as in previous years. The median sales price increased by 8.9% compared to the 19.1% rise last year. The average sales price was up by 0.8% as compared to the 20.0% increase in 2022.

Inventory increased by 91.1% as compared to 2022’s increase of 99.3%. At the same time, the monthly supply of inventory rose to 6.4 months as compared to 3.0 months for 2022.  Entering into a balanced market for Saint Lucie County townhouses and condos after a long stretch of being in a seller’s market.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2023

View previous St Lucie County Yearly Reviews 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 Sales 2023 Yearly Review

St Lucie County Single Family Home Sales 2023 Yearly Review

01.24.24 by

St Lucie County Single Family Home Sales 2023 Yearly Review

The St Lucie County Single Family Home Sales for 2023 as reported by Florida Realtors continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 13.5% (were down by 10.0% in 2022) and new sales under contract (new pending sales) decreased by 9.7% (were down by 18.0% in 2022).

St Lucie County Single Family Home Sales 2023 Yearly Review
St Lucie County Single Family Home Sales 2023 Yearly Review

Both median and average sales prices were up for 2023 by 2.2% and 1.8% respectively.   These numbers were 23.6% and 20.5% respectively in 2022. These prices are not rising as fast as in previous years.

The inventory of available homes for sale increased by 1.6% from 2022 (When there was a 170.7% increase).  While the monthly supply of homes increased to 3.6 months from 3.1 months in 2022.  Remaining in a seller’s market for Saint Lucie County for the time being.

To view the full report click on the graphic above or the link below:
St Lucie County 2023 Single Family Home Sales

View previous St Lucie County Yearly Reviews Here!

To view the complete 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 Single Family Home Sales 2023 Yearly Review

Martin County Townhouses and Condos Sales 2023 Yearly Review

01.23.24 by

Martin County Townhouses and Condos Sales 2023 Yearly Review

The Martin County Townhouses and Condos Sales for 2023 is now showing the turnaround the real estate market has experienced with prices that rose too rapidly and increasing mortgage rates. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 5.5% as compared to 2022 which were down by 20.8% and new sales under contract (new pending sales) increased by 1.8% (2022 saw a decrease of 25.9%).

Martin County Townhouses and Condos Sales 2023 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 5.4% and 9.9% respectively (2022 numbers were 31.5% and 18.3%).  However, prices are not rising as fast as in previous years.

Inventory increased by 54.3% as compared to 2022’s decrease of 282.9%. And the supply of inventory rose to 5.2 months as compared to 3.7 months for 2022.  Still a seller’s market for Martin County townhouses and condos, but approaching a balanced market.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2023 Yearly Review

Here are the previous Martin County yearly reviews!

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.

Martin County Townhouses and Condos Sales 2023 Yearly Review

Martin County Single Family Home Sales 2023 Yearly Review

01.22.24 by

Martin County Single Family Home Sales 2023 Yearly Review

The Martin County Single Family Home Sales for 2023 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly and increasing mortgage rates. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were up by 0.1% (were down by 30.1% in 2022) and new sales under contract (new pending sales) increased by 1.3% (was down by 30.3% in 2022).

Martin County Single Family Home Sales 2023 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2022 to 2023) by 3.5% and 2.5% respectively.  This rate while positive is not as high as last year which was 17.8% and 7.2% respectively in 2022.

The inventory of available homes for sale rose by 18.2% from 2022.  While the monthly supply of homes increased to 3.6 months. Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor the buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2023 Yearly Review

Click here to view previous Martin County yearly reviews!

To view the complete 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 Home Sales 2023 Yearly Review

Florida Townhouses and Condos Sales 2023 Yearly Review

01.21.24 by

Florida Townhouses and Condos Sales 2023 Yearly Review

The Florida Townhouses and Condos Sales for 2023 continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 16.0% compared to 2022 which saw a decrease of 21.7% and new sales under contract (new pending sales) decreased by 13.2% (2022 saw a decrease of 26.4%).

Florida Townhouses and Condos Sales 2023 Yearly Review
Florida Townhouses and Condos Sales 2023 Yearly Review

Both median and average sales prices were up (year to year) by 5.2% and 3.9% respectively (2022 numbers were 21.6% and 16.3%).  However, prices are not rising as fast as in previous years.

Inventory increased by 52.6% as compared to 2022’s increase of 65.0%. And, the supply of properties rose to 5.1 months as compared to 2.8 months in 2022.  Still a sellers’ market for Florida townhouses and condos, though approaching a balanced market.

 Click here to view or download the full report: 
Townhouses and Condos Sales in Florida for 2023

View previous Florida Townhouses and Condos Yearly Reviews 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.

Florida Townhouses and Condos Sales 2023 Yearly Review