Florida Townhouses and Condos June 2021 Market Report

07.23.21 by

Florida Townhouses and Condos June 2021 Market Report

Florida Townhouses and Condos showed improved closed sales when compared to last year. Pending sales, however, are down, reflecting the overly 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 79.6% as compared to last month’s increase of 155.2%.  New sales under contract (new pending sales) increased by 7.5% (In May, a 56.7% increase).

Prices continued to rise in June.  The median sales price was up by 22.4% (was up by 24.1% in May). While the average sales price increased by 35.5% (was up 43.7% in May).

The inventory of active listings decreased by 54.0% from June of last year.  This results in 1.8 months supply of inventory as compared to 5.7 months for May 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 June 2021 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos June 2021 Market Report

Florida Townhouses and Condos May 2021 Market Report

06.23.21 by

Florida Townhouses and Condos May 2021 Market Report

Florida Townhouses and Condos market continue impressive real estate activity when compared to last year. Closed sales were up by 155.2% as compared to last month’s increase of 130.9%.  New sales under contract (new pending sales) increased by 56.7% (In April there was a 208.8% increase).

Prices were also up for May.  The median sales price was up by 24.1% (was up by 19.6% in April). While the average sales price increased by 43.7% (was up 39.9% in April).

The inventory of active listings decreased by 54.6% from May of last year.  This results in 2.0 months of inventory as compared to 6.0 months for May 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 May 2021 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos May 2021 Market Report

Coral Lakes May 2021 Market Report

05.31.21 by

Coral Lakes May 2021 Market Report

For May 2021 there is only 1 home available for sale in Coral Lakes in Stuart FL.  The list price is $689,900 o $221.41 per sq. ft. of living area.

There is also 1 home currently under contract in Coral Lakes. The list price was $699,000 which works out to $245.61 per sq. ft. of living area. This home was on the market for 41 days before going under contract.

7 homes have sold in the past 12 months in Coral Lakes.  These homes sold for prices ranging from $345,000 up to $550,000.  This equals an average sales price of $456,700 which works out to $200.26 per sq. ft. of living area. These homes were on the market for an average of 49 days before going under contract and sold for 99% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes in Stuart Florida
Google Earth image

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

There are just under 100 homesites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Recently sold Coral Lakes homes:

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee covers maintenance of the common areas, gates, and management.  Many homes have private pools in these spacious single-family home sites as well as other much-desired amenities.

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

  • Coral Lakes real estate in Stuart FL
  • Coral Lakes real estate in Stuart FL
  • Coral Lakes real estate in Stuart FL

Check here to see which Coral Lakes homes are available 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.

Coral Lakes May 2021 Market Report

Florida Townhouses and Condos April 2021 Market Report

05.24.21 by

Florida Townhouses and Condos April 2021 Market Report

Florida Townhouses and Condos market had very impressive real estate activity when compared to last year. Closed sales were up by 130.9% as compared to last month’s increase of 52.6%.  New sales under contract (new pending sales) increased by 208.8% (In March there was a 126.4% increase).

Prices were also up for April.  The median sales price was up by 19.6% (was up by 15.2% in March). While the average sales price increased by 39.9% (was up 23.8% in March).

The inventory of active listings decreased by 50.3% from April of last year.  This results in 2.3 months of inventory as compared to 5.7 months for April 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 April 2021 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos April 2021 Market Report

Martin County Townhouses and Condos 2021 1st Quarter Report

05.17.21 by

Martin County Townhouses and Condos 2021 1st 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 1st Quarter Report

Both sales volume, as well as prices, showed increases in the first 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.

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

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Recent market reports:

Martin County Townhouses and Condos 2021 1st Quarter Report

Florida Townhouses and Condos 2021 1st Quarter Report

05.13.21 by

Florida Townhouses and Condos 2021 1st Quarter Report

Click the image below to view the 2021 1st Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2021 1st Quarter Report

Both sales volume, as well as prices, showed increases in the 1st 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.

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 1st Quarter Report

Florida Single Family Homes 2021 1st Quarter Report

05.12.21 by

Florida Single Family Homes 2021 1st Quarter Report

Click the image below to view the full details of the 2021 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2021 1st Quarter Report

For the 1st quarter of 2021, Florida single-family homes continue to show improved activity when compared to last year.  Both sales and prices had improved results. Currently, the biggest issue is a very low inventory of available homes for sale.

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

Recent market reports:

Florida Single Family Homes 2021 1st Quarter Report

Florida Townhouses and Condos March 2021 Market Report

04.23.21 by

Florida Townhouses and Condos March 2021 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity when compared to last year. Closed sales were up by 52.6% as compared to last month’s increase of 28.7%.  New sales under contract (new pending sales) increased by 126.4% (In February there was a 35.4% increase).

Prices were also up for March.  The median sales price was up by 15.2% (was up by 16.6% in February). While the average sales price increased by 23.8% (was up 30.4% in February).

The inventory of active listings decreased by 45.1% from March of last year.  This results in 2.8 months of inventory as compared to 5.5 months for March 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 March 2021 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos March 2021 Market Report

Florida Townhouses and Condos February 2021 Market Report

03.24.21 by

Florida Townhouses and Condos February 2021 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity when compared to last year. Closed sales were up by 28.7% as compared to last month’s increase of 24.6%.  New sales under contract (new pending sales) increased by 35.4% (In January there was a 32.0% increase).

Prices were also up for February.  The median sales price was up by 16.6% (was up by 15.0% in January). While the average sales price increased by 30.4% (was up 18.1% in January).

The inventory of active listings decreased by 34.4% from February of last year.  This results in 3.4 months of inventory as compared to 5.4 months for February 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.

Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos February 2021 Market Report

Harbour Pointe February 2021 Market Report

02.27.21 by

Harbour Pointe February 2021 Market Report

For February 2021, there is 1 home for sale in Harbour Pointe in Palm City FL. The list price is $544,900 which equals $222.23 per square foot of living area.

There are 3 homes in Harbour Pointe currently under contract. The list prices ranged from $374,900 up to $679,000. This works out to an average list price of $487,967 or $187.08 per sq. ft. of living space. These homes were on the market for an average of 78 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

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.

Harbour Pointe in Palm City

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
Harbour Pointe Palm City FL

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 February 2021 Market Report

 

Florida Townhouses and Condos January 2021 Market Report

02.26.21 by

Florida Townhouses and Condos January 2021 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 24.6% as compared to last month’s increase of 27.7%.  New sales under contract (new pending sales) increased by 32.0% (In December there was a 42.6% increase).

Prices were also up for January.  The median sales price was up by 15.0% (was up by 13.7% in December). While the average sales price increased by 18.1% (was up 16.8% in December).

The inventory of active listings decreased by 26.3% from January of last year.  This results in 3.9 months of inventory as compared to 5.3 months for January 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 January 2021 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos January 2021 Market Report

Martin County Townhouses and Condos 2020 4th Quarter Report

02.16.21 by

Martin County Townhouses and Condos 2020 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 2020 4th Quarter Report

The Martin County townhouse and condo market report has overcome the negative effects of the pandemic. Both the sales volume and prices have rebounded strongly and have improved when compared to last year.

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

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Recent market reports:

Martin County Townhouses and Condos 2020 4th Quarter Report

Florida Townhouses and Condos 2020 4th Quarter Report

02.14.21 by

Florida Townhouses and Condos 2020 4th Quarter Report

Click the image below to view the Florida Townhouses and Condos 2020 4th Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2020 4th Quarter Report

Click here to download the full report!

The Florida townhouse and condo market is recovering from the effects of the pandemic and the accompanying shutdown of a large segment of the economy. Sales volume is rebounding nicely year to year, and prices are continuing to increase.

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 Single Family Homes 2020 4th Quarter Report

02.13.21 by

Florida Single Family Homes 2020 4th Quarter Report

Click the image below to view the full details of the 2020 4th quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2020 4th Quarter Report

For the 4th quarter of 2020 for Florida single-family is rebounding from the effects of the pandemic and the accompanying shutdown of a large segment of the economy.  Sales volume was rebounding year to year, and prices did increase.

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

Recent market reports:

Florida Single Family Homes 2020 4th Quarter Report

Cabana Point February 2020 Market Report

02.02.21 by

Cabana Point February 2021 Market Report

There is 1 home for sale in the Cabana Point community of Stuart Florida in February 2021. This home has a list price of $379,900 which equals $137.20 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, there have been 3 sales in Cabana Point. Sales prices ranged from $275,000 up to $320,000. This works out to an average sales price of $303,333 which is $173.04 per sq. ft. of living area. These homes averaged 141 days on the market before going under contract and sold for an average of 94% of 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.

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

Recent market reports:

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

Cabana Point February 2021 Market Report

Florida Townhouses and Condos December 2020 Market Report

01.25.21 by

Florida Townhouses and Condos December 2020 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 27.7% as compared to last month’s increase of 30.2%.  New sales under contract (new pending sales) increased by 42.6% (In November there was a 22.4% increase).

Prices were also up for December.  The median sales price was up by 13.7% (was up by 16.9% in November). While the average sales price increased by 16.8% (was up 22.0% in November).

The inventory of active listings decreased by 18.3% from December of last year.  This results in 4.2 months of inventory as compared to 5.3 months for December 2019.  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 December 2020 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos December 2020 Market Report

Florida Townhouses and Condos November 2020 Market Report

12.23.20 by

Florida Townhouses and Condos November 2020 Market Report

Florida Townhouses and Condos market is continuing to show strong real estate activity. Closed sales were up by 30.2% as compared to last month’s increase of 30.3%.  New sales under contract (new pending sales) increased by 22.4% (In October there was a 29.5% increase).

Prices were also up for November.  The median sales price was up by 16.9% (was up by 15.9% in October). While the average sales price increased by 22.0% (was up 15.2% in October).

The inventory of active listings decreased by 14.5% from November of last year.  This results in 4.7 months of inventory as compared to 5.6 months for November 2019.  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 November 2020 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos November 2020 Market Report

Florida Townhouses and Condos October 2020 Market Report

11.23.20 by

Florida Townhouses and Condos October 2020 Market Report

Florida Townhouses and Condos market is continuing to recover strongly from the effects of the current pandemic. Closed sales were up by 30.3% as compared to last month’s increase of 25.3%.  New sales under contract (new pending sales) increased by 29.5% (In September there was a 43.0% increase).

Prices were also up for October.  The median sales price was up by 15.9% (was up by 12.7% in September). While the average sales price increased by 15.2% (was up 16.4% in September).

The inventory of active listings decreased by 11.8% from October of last year.  This results in 4.9 months of inventory as compared to 5.5 months for October 2019.  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 October 2020 Market Report
Click here to download 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.

Recent Florida Market Report Posts:

Florida Townhouses and Condos October 2020 Market Report

Martin County Townhouses and Condos 2020 3rd Quarter Report

11.17.20 by

Martin County Townhouses and Condos 2020 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 2020 3rd Quarter Report

The Martin County townhouse and condo market report has overcome the negative effects of the pandemic. Both the sales volume and prices have rebounded strongly and have improved when compared to last year.

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

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Recent market reports:

Martin County Townhouses and Condos 2020 3rd Quarter Report

Florida Townhouses and Condos 2020 3rd Quarter Report

11.13.20 by

Florida Townhouses and Condos 2020 3rd Quarter Report

Click the image below to view the Florida Townhouses and Condos 2020 3rd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2020 3rd Quarter Report

The Florida townhouse and condo market is recovering from the effects of the pandemic and the accompanying shutdown of a large segment of the economy. Sales volume is rebounding nicely year to year, and prices are continuing to increase.

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: