Florida Townhouses and Condos February 2022 Market Report

Florida Townhouses and Condos February 2022 Market Report

Florida Townhouses and Condos showed slightly slower sales activity when compared to last year. We need to be aware that we remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  This will most likely continue in the near future until inventory levels begin to rise. Closed sales were down by 3.6% as compared to last month’s increase of 6.7%.  New sales under contract (new pending sales) decreased by 17.1% (In January, a 7.3% decrease).

Prices continued to rise in February.  The median sales price was up by 24.3% (was up by 23.9% in January). While the average sales price increased by 19.0% (was up 19.6% in January).

The inventory of active listings decreased by 55.7% from February of last year.  This results in 1.2 months supply of inventory as compared to 3.4 months for February 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos February 2022 Market Report

Click here to view the full report!

View previous Florida townhouses and condo market reports by clicking this link.

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 February 2022 Market Report

Cabana Point February 2022 Market Report

Cabana Point February 2022 Market Report

There are no homes for sale in the Cabana Point community of Stuart Florida in February 2022.

There are also no homes currently under contract.

In the past 12 months, there have been 5 sales in Cabana Point. Sales prices ranged from $350,000 up to $1,100,000. This works out to an average sales price of $590,960 which is $308.17 per sq. ft. of living area. These homes averaged 59 days on the market before going under contract and sold for an average of 99% of the list price.

Click here to view recent Cabana Point market reports!

About Cabana Point in Stuart Florida:

A Stuart FL waterfront community.

Cabana Point in Stuart Florida
Google Earth image

Cabana Point homes for sale:

Cabana Point is an older Stuart community located between the South Fork of the Saint Lucie River and Kanner Hwy.  This community had its first home built in 1958 and the most recent one was built in 2007.  This small community has 40 homes (all but one are single-family homes) and two remaining vacant lots (neither for sale at the time this is being written).   28 of these home sites are waterfront with access to the ocean or to Lake Okeechobee from a canal or the banks of the Saint Lucie River.  The remaining non-waterfront homes have access through a community boat ramp.

Cabana Point in Stuart Florida
Google Earth image

Recently sold homes in Cabana Point:

This is a non-HOA community with no fees. You should be aware that this is an older community with many of the homes back from the age of smaller CBS-style cabana homes. Though, as time passes, many of these homes are being torn down and replaced with spacious 2 story modern waterfront homes that are in high demand. Current home sizes range from the largest one which is a 2 story 3,100 sq. ft. (under air), 9 bedrooms, 6 bathrooms estate down to a 2 bedroom, 2 bath home with just over 1,000 sq. ft. of living area.

For those looking for future appreciation, this community is an excellent investment potential.

Cabana Point in Stuart FL

Check here to see if any Cabana Point homes are available for sale

Stuart FL Real Estate is presented by:
the Gabe Sanders Realty team

Cabana Point February 2021 Market Report

Florida Townhouses and Condos January 2022 Market Report

Florida Townhouses and Condos January 2022 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. We need to be aware that we remain in a market with unprecedented low inventory that is significantly affecting the real estate market.  Closed sales were up by 6.7% as compared to last month’s increase of 5.4%.  New sales under contract (new pending sales) decreased by 7.3% (In December, a 5.9% increase).

Prices continued to rise in January.  The median sales price was up by 23.9% (was up by 19.9% in December). While the average sales price increased by 19.6% (was up 22.4% in December).

The inventory of active listings decreased by 58.0% from January of last year.  This results in 1.2 months supply of inventory as compared to 3.9 months for January 2021.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos January 2022 Market Report

Click here to view the full report!

View previous Florida townhouses and condo market reports by clicking this link.

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 January 2022 Market Report

Harbour Pointe February 2022 Market Report

Harbour Pointe February 2022 Market Report

For February 2022, there are no homes for sale in Harbour Pointe in Palm City FL.

There are also no homes in Harbour Pointe currently under contract.

14 Harbour Pointe homes have sold in the past 12 months with sales prices ranging from $410,000 up to $660,000.  This is an average sales price of $525,161 which is $234.46 per square foot of living area.  These homes sold for an average of 101% list price and averaged 23 days on the market before going under contract.

Click here to view recent Harbour Pointe market reports!

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL
Image courtesy of Google Earth

Harbour Pointe homes for sale:

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake views in spacious custom-designed homes.

Recent Harbour Pointe sales:

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe in Palm City Entrance

Currently Available Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe February 2022 Market Report

 

Martin County Townhouses and Condos 2021 4th Quarter Report

Martin County Townhouses and Condos 2021 4th Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2021 4th Quarter Report

For Martin County townhouses and condos the sales volume declined in the 4th quarter of 2021 when compared to the same period last year. This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2021 4th Quarter Report

Florida Townhouses and Condos 2021 4th Quarter Report

Florida Townhouses and Condos 2021 4th Quarter Report

Click the image below to view the 2021 4th Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 4th Quarter Report

Sales volume declined in the 4th quarter of 2021 when compared to the same period last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click on the image above or this link.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2021 4th Quarter Report

Florida Single Family Homes 2021 4th Quarter Report

Florida Single Family Homes 2021 4th Quarter Report

Click the image below to view the full details of the 2021 4th quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 4th Quarter Report

For the 4th quarter of 2021, Florida single-family homes showed reduced sales activity when compared to last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view, the full report click the image above or this link.

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2021 4th Quarter Report

Florida Townhouses and Condos December 2021 Market Report

Florida Townhouses and Condos December 2021 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. This is an improvement from last month’s results. Closed sales were up by 5.4% as compared to last month’s decrease of 5.6%.  New sales under contract (new pending sales) increased by 5.9% (In November, a 0.4% decrease).

Prices continued to rise in December.  The median sales price was up by 19.9% (was up by 17.6% in November). While the average sales price increased by 22.4% (was up 19.6% in November).

The inventory of active listings decreased by 55.8% from December of last year.  This results in 1.5 months supply of inventory as compared to 4.7 months for December 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2021 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos December 2021 Market Report

Florida Townhouses and Condos November 2021 Market Report

Florida Townhouses and Condos November 2021 Market Report

Florida Townhouses and Condos showed slightly better sales activity when compared to last year. This is an improvement from last month’s results. Closed sales were up by 5.4% as compared to last month’s decrease of 5.6%.  New sales under contract (new pending sales) increased by 5.9% (In October, a 0.4% decrease).

Prices continued to rise in November.  The median sales price was up by 19.9% (was up by 17.6% in October). While the average sales price increased by 22.4% (was up 19.6% in October).

The inventory of active listings decreased by 55.8% from November of last year.  This results in 1.5 months supply of inventory as compared to 4.7 months for November 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2021 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos November 2021 Market Report

Florida Townhouses and Condos October 2021 Market Report

Florida Townhouses and Condos October 2021 Market Report

Florida Townhouses and Condos showed slower sales activity when compared to last year. Reflecting the low inventory that is currently available. Closed sales were down by 5.6% as compared to last month’s increase of 4.9%.  New sales under contract (new pending sales) decreased by 0.4% (In September, a 3.0% increase).

Prices, though, continued to rise in October.  The median sales price was up by 17.6% (was up by 17.2% in September). While the average sales price increased by 19.6% (was up 18.7% in September).

The inventory of active listings decreased by 54.0% from October of last year.  This results in 1.6 months supply of inventory as compared to 4.9 months for October 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2021 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos October 2021 Market Report

Martin County Townhouses and Condos 2021 3rd Quarter Report

Martin County Townhouses and Condos 2021 3rd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2021 3rd Quarter Report

For Martin County townhouses and condos the sales volume was pretty similar in the 3rd quarter of 2021 when compared to the same period last year.  Prices, however, were up by significant amounts. Currently, our biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the near future.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2021 3rd Quarter Report

Florida Townhouses and Condos 2021 3rd Quarter Report

Florida Townhouses and Condos 2021 3rd Quarter Report

Click the image below to view the 2021 3rd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 3rd Quarter Report

Sales volume showed improvements in the 3rd quarter of 2021 when compared to the same period last year.  Prices also rose, and by big amounts. So, we remain in a positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

To view the full report, click on the image above or this link.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2021 3rd Quarter Report

Florida Single Family Homes 2021 3rd Quarter Report

Florida Single Family Homes 2021 3rd Quarter Report

Click the image below to view the full details of the 2021 3rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 3rd Quarter Report

For the 3rd quarter of 2021, Florida single-family homes showed reduced sales activity when compared to last year.  But, prices, however, continue to go up. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to continue to affect future sales volume for the near future.

To view, the full report click the image above or this link.

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2021 3rd Quarter Report

Florida Townhouses and Condos September 2021 Market Report

Florida Townhouses and Condos September 2021 Market Report

Florida Townhouses and Condos showed some improved closed sales when compared to last year. New pending sales, however, were off slightly, reflecting the low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 4.9% as compared to last month’s increase of 13.1%.  New sales under contract (new pending sales) decreased by 3.0% (In August, a 3.7% increase).

Prices, though, continued to rise in September.  The median sales price was up by 17.2% (was up by 16.1% in August). While the average sales price increased by 18.7% (was up 18.9% in August).

The inventory of active listings decreased by 52.2% from September of last year.  This results in 1.7 months supply of inventory as compared to 5.1 months for August 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos September 2021 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos September 2021 Market Report

Florida Townhouses and Condos August 2021 Market Report

Florida Townhouses and Condos August 2021 Market Report

Florida Townhouses and Condos showed improved closed sales when compared to last year, though at smaller numbers than in the previous months. New pending sales, were up slightly, reflecting the low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 13.1% as compared to last month’s increase of 21.1%.  New sales under contract (new pending sales) increased by 3.7% (In July, a 0.6% increase).

Prices, also, continued to rise in August.  The median sales price was up by 16.1% (was up by 20.5% in July). While the average sales price increased by 18.9% (was up 28.1% in July).

The inventory of active listings decreased by 52.4% from August of last year.  This results in 1.7 months supply of inventory as compared to 5.3 months for July 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos August 2021 Market Report

Jensen Beach Club September 2021 Real Estate Market Report

Jensen Beach Club September 2021 Real Estate Market Report

There are no condos for sale in the Jensen Beach Club on Hutchinson Island in Jensen Beach FL for September 2021. 

There are also no condos currently under contract. 

In the past 12 months, 11 condos have sold in the Jensen Beach Club. Sales prices ranged from $170,000 up to $295,000.  This equals an average sales price of $231,409 which is $212.30 per sq. ft. of living area. These condos were on the market for an average of 27 days before going under contract. They sold for an average of 98% of list price.

About the Jensen Beach Club on Hutchinson Island:

Jensen Beach Club on Hutchinson Island
Google Earth image

Jensen Beach Club condos for sale:

The Jensen Beach Club is a complex consisting of 9 buildings surrounding a lake on Hutchinson Island and lying on a pristine 21 acres. Located directly across the street from the Ocean at the Jensen Beach Public Beach. There are 196 condos which are all 1,090 sq. ft. of living area. They are all 2 bedrooms and 2 bathrooms with private balconies or patios. The Jensen Beach Club complex was built between 1986 and 1987 and has a community pool, clubhouse, and tennis courts. These are three-story buildings with the most desirable condos being the end units with lake views.

Recent Jensen Beach Club sales:

The Jensen Beach Club will allow up to a 25 lb. or smaller pet and rentals are also allowed with some restrictions. The maintenance fee includes the insurance and maintenance for the building exterior as well as the common areas, pest control, management and water, and sewer charges.

There are two designated parking spots for each unit and ample guest parking as well. Jensen Beach Club residents enjoy the convenience of having ocean access just across the street. And, also being a short drive or bicycle ride to restaurants, shopping and the wonderful amenities of Jensen Beach and Martin County FL. All at a very affordable price.

Jensen Beach Club on Hutchinson Island

Search for available Jensen Beach Club Condos here.

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler CoveBeachwood VillasButtonwoodDune CondominiumFairwinds CoveGreen Turtle CoveHutchinson HouseIndian River Plantation CondosIslander 12Jensen Beach ClubLittle Ocean ClubLittle Ocean PlaceMaritimesOcean ViewSailfish PointSandpebbleSeasideSuntide

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.

Jensen Beach Club September 2021 Real Estate Market Report

Florida Townhouses and Condos July 2021 Market Report

Florida Townhouses and Condos July 2021 Market Report

Florida Townhouses and Condos showed improved closed sales when compared to last year, though at smaller numbers than in the previous months. New pending sales, were up slightly, reflecting the low inventory that is currently available. This will most likely result in lower closed sales results in the coming months. Closed sales were up by 21.1% as compared to last month’s increase of 79.6%.  New sales under contract (new pending sales) increased by 0.6% (In June, a 7.5% increase).

Prices continued to rise in July.  The median sales price was up by 20.5% (was up by 22.4% in June). While the average sales price increased by 28.1% (was up 35.5% in June).

The inventory of active listings decreased by 53.7% from July of last year.  This results in 1.8 months supply of inventory as compared to 5.6 months for June 2020.  Remaining in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory. In conclusion, a very strong market.

Florida Townhouses and Condos July 2021 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos July 2021 Market Report

Martin County Townhouses and Condos 2021 2nd Quarter Report

Martin County Townhouses and Condos 2021 2nd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Both sales volume, as well as prices, showed increases in the second quarter of 2021 when compared to the same period last year.  We are in a very positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

Recent market reports:

Martin County Townhouses and Condos 2021 2nd Quarter Report

Harbour Pointe August 2021 Market Report

Harbour Pointe August 2021 Market Report

For August 2021, there are no homes for sale in Harbour Pointe in Palm City FL.

There is 1 home in Harbour Pointe currently under contract. The list price was $550,000 which equals $243.15 per square foot of living area. This home was on the market for 5 days before going under contract.

7 Harbour Pointe homes have sold in the past 12 months with sales prices ranging from $339,000 up to $455,239.  This is an average sales price of $395,534 which is $178.45 per square foot of living area.  These homes sold for an average of 100% list price and averaged 69 days on the market before going under contract.

Click here to view recent Harbour Pointe market reports!

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL
Image courtesy of Google Earth

Harbour Pointe homes for sale:

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake views in spacious custom-designed homes.

Recent Harbour Pointe sales:

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe in Palm City Entrance

Currently Available Homes in Harbour Pointe

Recent market reports:

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe August 2021 Market Report

 

Florida Townhouses and Condos 2021 2nd Quarter Report

Florida Townhouses and Condos 2021 2nd Quarter Report

Click the image below to view the 2021 2nd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 2nd Quarter Report

Both sales volume, as well as prices, showed continued strong improvements in the 2nd quarter of 2021 when compared to the same period last year.  So, we remain in a positive real estate environment. Currently, the biggest issue is a very low inventory of available homes for sale. We are expecting this low inventory to affect future sales volume for the coming quarter.

To view the full report, click on the image above or this link.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Recent market reports:

Florida Townhouses and Condos 2021 2nd Quarter Report