Florida Single Family Homes March 2020 Market Report

Florida Single Family Homes March 2020 Market Report

The Florida Single Family Home sales had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 6.4% (were up by 9.1% in February). New sales under contract (new pending sales) were down by 22.6% (were up by 12.5% in February).

Prices were up for March.  The median sales price rose by 7.4% (it was up by 8.0% in February). The average sales price was up by 8.9% (it was up by 7.9% last month).

The inventory of available homes for sale decreased by 14.0% from last year.  This represents a 3.4 months supply of inventory. Florida remains in a seller’s market with the advantage for sellers. (March 2019 had a 4.2 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 March 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 March 2020 Market Report

Martin County Single Family Homes February 2020 Market Report

Martin County Single Family Homes February 2020 Market Report

The Martin County Single Family Homes Market Report had stronger sales activity than last year, but not as robust as last month.  Closed sales were up by 1.2% from last month (were up by 25.2% in January).  While new pending sales increased by 6.4% as compared to last month when they increased by 23.4%.

Prices rose sharply for February.  The median sales price was up by 13.8% from last year (it was down by 12.9% in January) while the average sales price increased by 37.1% (it was down by 24.2% last month).

The inventory of available single-family homes decreased from last month by 3 homes to 923 homes for January. This is 21.6% less inventory than last January.  The current supply of homes is 4.6 months.  For February of last year, it was a 5.9 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 February 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 February 2020 Market Report

Florida Single Family Homes February 2020 Market Report

Florida Single Family Homes February 2020 Market Report

The Florida Single Family Home sales continued with strong activity into February.  Closed sales were up by 9.1% (were up by 17.9% in December). New sales under contract (new pending sales) were up by 12.5% (were up by 12.4% in January).

Prices were also up for February .  The median sales price rose by 8.0% (it was up by 5.9% in January). The average sales price was up by 7.9% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 19.1% from last year.  This represents a 3.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2019 had a 4.3 months 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.

Previous Florida real estate market report posts.

Florida Single Family Homes February 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 February 2020 Market Report

Sugar Hill Jensen Beach March 2020 Market Report

Sugar Hill Jensen Beach March 2020 Market Report

As of March 2020, there are 4 homes on the market in Sugar Hill in Jensen Beach, FL.  These homes are listed from $395,000 up to $524,777.  This is an average list price of $444,919 which equals $189.92 per sq. ft. of living area.

There is 1 Sugar Hill home under contract and awaiting settlement.  The list price was $410,000 or $188.51 per sq. ft. of living area.  This home was on the market for 259 days before going under contract.

There have been 4 homes sold in the past 12 months in Sugar Hill.  Sales prices ranged from $460,000 up to $620,000.  This works out to an average sales price of $512,500 which is $193.77 per sq. ft. of living area.  Sales averaged 98% of list price and averaged 121 days on market prior to going under contract.

Click here to view previous Sugar Hill market reports.

About Sugar Hill in Jensen Beach Florida:

Sugar Hill in Jensen Beach Florida

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 in Jensen Beach FL

Sugar Hill has very reasonable HOA fees .

Sugar Hill in Jensen Beach Florida

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

Sugar Hill in Jensen Beach FL

Here are the currently available homes in Sugar Hill in Jensen Beach

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.

Sugar Hill Jensen Beach March 2020 Market Report

Moon River Jensen Beach March 2020 Market Report

Moon River Jensen Beach March 2020 Market Report

As of early March 2020, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

There are 2 Moon River homes currently pending (under contract). The list prices were both $469,000 which is $194.53 per sq. ft. of living area. These homes averaged 101 days on the market before going under contract.

There have been 2 homes sold in the past 12 months in Moon River.  The sales prices were $350,000 and $368,500. This is an average sales price of $359,250 which equals $178.46 per sq. ft. of living area. These homes sold for an average of 82% of list price and were on the market for an average of 38 days before going under contract.

About Moon River in Jensen Beach Florida:

Moon River on Hutchinson Island in Jensen Beach

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 in Jensen Beach on Hutchinson Island

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 of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River in Jensen Beach on Hutchinson Island

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 in Jensen Beach on Hutchinson Island

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 in Jensen Beach on Hutchinson Island

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.

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

Recent Market Report Posts:

 For any questions you may have about September 2019 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

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Moon River Jensen Beach March 2020 Market Report