The Pines and Windemere Real Estate Market Report September 2022

The Pines and Windemere Real Estate Market Report September 2022

For September 2022, there are 4 homes available for sale in the Pines and Windemere communities in Jensen Beach FL. The list prices range from a low of $519,900 to a high of $799,000.  This is an average list price of $603,475 which equals $325.38 per sq. ft. of living area.

There are also 4 Pines and Windemere homes currently under contract and awaiting settlement.  List prices ranged from a low of $572,000 to a high of $725,000.  This works out to an average list price of $635,475 or $292.53 per sq. ft. of living area.  These homes averaged 6 days on the market before going under contract.

In the past 12 months, 22 Pines and Windemere homes have sold.  Sales prices ranged from a low of $385,000 up to a high of $850,000. This equals an average sales price of $567,168 which equals $265.28 per sq. ft. of living area.  These homes were on the market for an average of 14 days before going under contract. And, they sold for an average of 101% 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

The Pines and Windemere homes for sale:

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 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”.

Recent sales in the Pines and Windemere:

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, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

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.  D.R. Horton has recently completed building brand new homes in both the Pines and Windemere subdivisions at some very affordable prices.

Neither the Pines or 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 and making 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 September 2022

Martin County Single Family Homes July 2022 Market Report

Martin County Single Family Homes July 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last July. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 46.9% from last year (were down by 32.7% in June).  While new pending sales decreased by 25.5% as compared to last year (decreased by 30.6% last month).

Prices were up for the month of July.  The median sales price increased from last year by 18.8% (it was up by 20.4% in June) while the average sales price increased by 19.5% (it was up by 2.4% last month).

The inventory of available single-family homes increased by 64 homes from last month to 493. This is 61.6% larger inventory than last July.  The current supply of homes is 2.6 months.  For July of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 2022 Market 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 July 2022 Market Report

Florida Single Family Homes July 2022 Market Report

Florida Single Family Homes July 2022 Market Report

The Florida Single Family Home market activity had lower sales volume compared to last July.  While we continue to have historically low inventory, we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. (Don’t ask me how long!) Closed sales were down by 22.9% (were down by 17.2% in June). New sales under contract (new pending sales) were down by 19.2% (were down by 20.9% in June).

Prices are still going up.  The median sales price rose by 16.1% (it was up by 19.7% in June). And, the average sales price was up by 12.0% (it was up by 13.9% last month).

The inventory of available homes for sale increased by 67.5% from last year.  This represents a 2.2 months supply of inventory. Florida remains in a seller’s market with a major advantage for sellers. (July 2021 had a 1.2 months supply)  A balanced market favoring neither buyers nor 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 July 2022 Market Report

Click here to 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 July 2022 Market Report

 

Martin County Single Family Homes June 2022 Market Report

Martin County Single Family Homes June 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last June. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. (Don’t ask me how long!)  Closed sales were down by 32.7% from last year (were down by 20.9% in May).  While new pending sales decreased by 30.6% as compared to last year (decreased by 27.2% last month).

Prices were up for the month of June.  The median sales price increased from last year by 20.4% (it was up by 24.4% in May) while the average sales price increased by 2.4% (it was down by 0.6% last month).

The inventory of available single-family homes increased by 88 homes from last month to 429. This is 41.1% larger inventory than last June.  The current supply of homes is 2.2 months.  For June of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes June 2022 Market 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 June 2022 Market Report

Florida Single Family Homes June 2022 Market Report

Florida Single Family Homes June 2022 Market Report

The Florida Single Family Home market activity had lower sales volume compared to last June.  While we continue to have historically low inventory, we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. (Don’t ask me how long!) Closed sales were down by 17.2% (were down by 6.9% in May). New sales under contract (new pending sales) were down by 20.9% (were down by 13.1% in May).

Prices are still going up.  The median sales price rose by 19.7% (it was up by 21.8% in May). And, the average sales price was up by 13.9% (it was up by 15.6% last month).

The inventory of available homes for sale increased by 61.8% from last year.  This represents only a 1.9 months supply of inventory. Florida remains in a seller’s market with a major advantage for sellers. (June 2021 had a 1.1 months supply)  A balanced market favoring neither buyers nor 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 June 2022 Market Report

Click here to 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 June 2022 Market Report

 

Martin County Single Family Homes May 2022 Market Report

Martin County Single Family Homes May 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last May. We remain in a market with low inventory (though that is in the process of changing) and rising borrowing costs that are significantly affecting the real estate market.  Closed sales were down by 20.9% from last year (were down by 32.2% in April).  While new pending sales decreased by 27.2% as compared to last year (decreased by 31.9% last month).

Prices were mixed for the month of May.  The median sales price increased from last year by 24.4% (it was up by 26.5% in April) while the average sales price decreased by 0.6% (it was down by 7.3% last month).

The inventory of available single-family homes increased by 73 homes from last month to 341 homes. This is a 23.6% larger inventory than last May.  The current supply of homes is 1.7 months.  For May of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2022 Market 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 May 2022 Market Report

Florida Single Family Homes May 2022 Market Report

Florida Single Family Homes May 2022 Market Report

The Florida Single Family Home market activity had lower sales volume compared to last May.  We remain in a market with low inventory (though that is beginning to change) as well as rising interest rates that are significantly affecting the real estate market.  Inventory rose slightly this month, so maybe we are in the very beginnings of a turn-around in the market. Closed sales were down by 6.9% (were down by 15.3% in April). New sales under contract (new pending sales) were down by 13.1% (were down by 13.9% in April).

Prices are still going up.  The median sales price rose by 21.8% (it was up by 21.8% in April). And, the average sales price was up by 15.6% (it was up by 12.8% last month).

The inventory of available homes for sale increased by 31.5% from last year.  This represents only a 1.4 months supply of inventory. Florida remains in a seller’s market with a major advantage for sellers. (May 2021 had a 1.1 months supply)  A balanced market favoring neither buyers nor 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 2022 Market Report

Click here to 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 May 2022 Market Report

 

Locks Landing Stuart Market Report June 2022

Locks Landing Stuart Market Report June 2022

As of June 2022, there is 1 Locks Landing home for sale in Stuart Florida. The list price is $730,000 or $314.11 per sq. ft. of living area.

There is also 1 home currently under contract. The list price was $695,000 which equals $291.04 per sq. ft. of living area. This home was on the market for 24 days before going under contract.

In the past 12 months, 8 Locks Landing homes have been sold in Martin County.  Sales prices ranged from $430,000 up to $890,000.  This is an average sales price of $620,688 which is $264.60 per sq. ft. of living area. These sales averaged 102% of the list price. And, they went under contract in an average of 15 days after being listed.

Click here to view recent Locks Landing market reports!

About Locks Landing in Stuart FL:

Locks Landing in Stuart Florida
Google Earth image
Locks Landing homes for sale:

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 Florida
Google Earth image

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.

Recent Locks Landing sales:

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

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.

Locks Landing Stuart Market Report June 2022

The Retreat in Hobe Sound Market Report June 2022

The Retreat in Hobe Sound Market Report June 2022

For June 2022, there is only 1 home available for purchase in the Retreat of Hobe Sound. The list price is $460,000 which equals $301.44 per square foot of living area.

There are 2 homes currently under contract. The list prices were $425,000 and $445,000.  This is an average price of $435,000 which is $285.06 per square foot of living area. These homes averaged 8 days on the market before going under contract.

In the past 12 months, 19 Retreat homes have sold.  Sales prices ranged from a low of $343,100 to a high of $615,000.  This is an average sales price of $445,400 or $258.52 per sq. ft. of living area. These sales averaged 100% of the list price. And, averaged 10 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 Florida
Google Earth image

Homes for sale in the Retreat:

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 Florida
Google Earth image

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.

Recently sold in the Retreat:


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 the display of artwork.

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

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

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 Retreat in Hobe Sound Market Report June 2022

Martin County Single Family Homes April 2022 Market Report

Martin County Single Family Homes April 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last April. We remain in a market with unprecedented low inventory and rising borrowing costs that are significantly affecting the real estate market.  Closed sales were down by 32.2% from last year (were down by 32.7% in March).  While new pending sales decreased by 31.9% as compared to last year (decreased by 27.6% last month).

Prices were mixed for the month of April.  The median sales price increased from last year by 26.5% (it was up by 13.5% in March) while the average sales price decreased by 7.3% (it was down by 9.4% last month).

The inventory of available single-family homes increased by 45 homes from last month to 268 homes. This is still 6.0% less inventory than last April.  The current supply of homes is 1.3 months.  For April of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes April 2022 Market 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 2022 Market Report

River Forest Market Report May 2022

River Forest Market Report May 2022

As of May 2022, there is 1 home available for sale in River Forest in Stuart FL. The list price is $459,000 or $282.46 per sq. ft. of living area.

There is also 1 home currently under contract and awaiting settlement.  The list price was $350,000 which equals $280.00 per sq. ft. of living area. This home was on the market for 5 days before going under contract.

In the past 12 months, 13 homes have been sold in River Forest.  Sales prices ranged from $335,000 up to $465,000 for an average sales price of $400,454 which equals $222.15 per sq. ft. of living area.  These homes averaged 11 days on the market before going under contract. Sales prices averaged 101% of the list price.

Click here to view the previous River Forest market reports

About River Forest in Stuart FL:

River Forest in Martin County Florida
Google Earth image

River Forest homes for sale:

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!

Recent River Forest sales:

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
Google Earth image

River Forest Home Owners Association

Search for All River Forest Homes for Sale

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 Market Report May 2022

Florida Single Family Homes April 2022 Market Report

Florida Single Family Homes April 2022 Market Report

The Florida Single Family Home market activity had lower sales volume compared to last April.  We remain in a market with unprecedented low inventory as well as rising interest rates that are significantly affecting the real estate market.  Inventory rose slightly this month, so maybe we are in the very beginnings of a turn-around in the market. Closed sales were down by 15.3% (were down by 6.2% in March). New sales under contract (new pending sales) were down by 13.9% (were down by 12.4% in March).

Prices are continuing their rise.  The median sales price rose by 21.8% (it was up by 21.1% in March). And, the average sales price was up by 12.8% (it was up by 16.9% last month).

The inventory of available homes for sale increased by 6.9% from last year.  This represents only a 1.1 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (April 2021 also had a 1.1 months supply)  A balanced market favoring neither buyers nor 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 April 2022 Market Report

Click here to 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 2022 Market Report

 

Ocean Bay Villas May 2022 Market Report

Ocean Bay Villas May 2022 Market Report

For May 2022, there are no Ocean Bay Villas available for sale in this Hutchinson Island FL community. 

There are 2 townhomes currently under contract. The list prices were $597,900 and $626,000. This is an average list price of $611,950 which is $269.66 per sq. ft. of living area.  These homes went under contract an average of 21 days after being listed.

There have been 7 Ocean Bay Villas sales in the past 12 months.  Sales prices ranged from $440,000 up to $639,000. This equals an average sales price of $542,771 which works out to $222.19 per sq. ft. of living area.  These homes sold for an average of 98% of the list price and averaged 37 days on market before going under contract.

Click here to view the previous Ocean Bay Villas market reports

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 for sale:

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 Florida

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.

Recent Ocean Bay Villas sales:

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 Florida

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

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 May 2022 Market Report

Martin County Single Family Homes March 2022 Market Report

Martin County Single Family Homes March 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last March. We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were down by 32.7% from last year (were down by 19.8% in February).  While new pending sales decreased by 27.6% as compared to last year (decreased by 35.5% last month).

Prices were mixed for the month of March.  The median sales price increased from last year by 13.5% (it was up by 24.4% in February) while the average sales price decreased by 9.4% (up by 40.8% last month).

The inventory of available single-family homes increased by 45 homes from last month to 223 homes. This is 34.4% less inventory than last March.  The current supply of homes is 1.0 months.  For March of last year, it was a 1.5 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2022 Market 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 2022 Market Report

Florida Single Family Homes March 2022 Market Report

Florida Single Family Homes March 2022 Market Report

The Florida Single Family Home market activity had lower sales volume compared to last March.  We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  I don’t really see any quick turnaround until the inventory starts to increase. Closed sales were down by 6.2% (were down by 1.2% in February). New sales under contract (new pending sales) were down by 12.4% (were down by 12.6% in February).

Prices are continuing their rise.  The median sales price rose by 21.1% (it was up by 23.0% in February). And, the average sales price was up by 16.9% (it was up by 16.7% last month).

The inventory of available homes for sale decreased by 10.2% from last year.  This represents only a 1.0 months supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (March 2021 had a 1.2 months supply)  A balanced market favoring neither buyers nor 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 2022 Market Report

Click here to 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 2022 Market Report

 

Martin County Single Family Homes February 2022 Market Report

Martin County Single Family Homes February 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last February. We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were down by 19.8% from last year (were down by 18.4% in January).  While new pending sales decreased by 35.5% as compared to last year (decreased by 31.9% last month).

Prices were up for February.  The median sales price increased from last year by 24.4% (it was up by 16.3% in January) while the average sales price increased by 40.8% (up by 42.1% last month).

The inventory of available single-family homes increased by 26 homes from last month to 178 homes. This is 49.1% less inventory than last February.  The current supply of homes is 0.8 months.  For February of last year, it was a 1.5 months supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2022 Market 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 2022 Market Report

Florida Single Family Homes February 2022 Market Report

Florida Single Family Homes February 2022 Market Report

The Florida Single Family Home market activity had slightly lower sales volume compared to last February.  We remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  I don’t really see any quick turnaround until the inventory starts to increase. Closed sales were down by 1.2% (were up by 1.4% in January). New sales under contract (new pending sales) were down by 12.6% (were down by 9.4% in January).

Prices continue to rise.  The median sales price rose by 21.1% (it was up by 23.0% in January). And, the average sales price was up by 16.9% (it was up by 16.7% last month).

The inventory of available homes for sale decreased by 24.1% from last year.  This represents only a 0.9 month supply of inventory. Florida remains in an extreme seller’s market with a major advantage for sellers. (February 2021 had a 1.3 months supply)  A balanced market favoring neither buyers nor 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 February 2022 Market Report

Click here to 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 2022 Market Report

 

Sugar Hill Jensen Beach March 2022 Market Report

Sugar Hill Jensen Beach March 2022 Market Report

As of March 2022, 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.

There have been 6 Sugar Hill homes sold in the past 12 months.  Sales prices ranged from $625,000 up to $1,350,000.  This works out to an average sales price of $843,667 which is $253.24 per sq. ft. of living area.  Sales averaged 98% of the list price and averaged 52 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
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 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 Jensen Beach March 2022 Market Report

Moon River Jensen Beach March 2022 Market Report

Moon River Jensen Beach March 2022 Market Report

As of early March 2022, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

There are also no homes currently pending (under contract).

There have been 2 homes sold in the past 12 months in Moon River.  The sales prices were $379,000 and $500,000. This is an average sales price of $437,500 which equals $206.43 per sq. ft. of living area. These homes sold for an average of 100% of the list price and were on the market for an average of 3 days before going under contract.

Click here to view recent Moon River market reports!

About Moon River in Jensen Beach Florida:

Moon River in Jensen Beach Florida
Google Earth image

Moon River homes for sale:

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 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 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. 

Recent sales in Moon River:

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 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.

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 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

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

Moon River Jensen Beach March 2022 Market Report

The Pines and Windemere Real Estate Market Update March 2022

The Pines and Windemere Real Estate Market Update March 2022

For March 2022, there are no homes available for sale in the Pines and Windemere communities in Jensen Beach FL.

4 homes are currently under contract and awaiting settlement.  List prices ranged from a low of $400,000 to a high of $799,000.  This works out to an average list price of $596,975 or $262.66 per sq. ft. of living area.  These homes averaged only 5 days on the market before going under contract.

In the past 12 months, 36 homes have been sold in the Pines and Windemere.  Sales prices ranged from a low of $385,000 up to a high of $690,000. This equals an average sales price of $507,286 which equals $235.40 per sq. ft. of living area.  These homes were on the market for an average of 12 days before going under contract and sold for an average of 100% of list price.

Click here to view previous Pines and Windemere market reports.

About the Pines and Windemere in Jensen Beach FL:

The Pines and Windemere

The Pines and Windemere homes for sale:

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 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”.

Recent sales in the Pines and Windemere:

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, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

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.  D.R. Horton has recently completed building brand new homes in both the Pines and Windemere subdivisions at some very affordable prices.

Neither the Pines or 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 and making 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 Update March 2022