Florida Townhouses and Condos June 2020 Market Report

07.23.20 by

Florida Townhouses and Condos June 2020 Market Report

Florida Townhouses and Condos market is still showing some effects of the current pandemic, but not as bad as last month. Closed sales were down by 10.9% as compared to last month’s decrease of 50.3%.  New sales under contract (new pending sales) increased by 19.8% (In May there was an 16.8% decrease).

Prices, however, increased for May.  The median sales price was up by 7.7% (was up by 3.3% in May), while the average sales price increased by 7.3% (was up 1.0% in May).

The inventory of active listings decreased by 5.9% from June of last year.  This results in 5.7 months of inventory as compared to 5.7 months for June 2019.  Moving back into a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos June 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 June 2020 Market Report

Florida Townhouses and Condos May 2020 Market Report

06.24.20 by

Florida Townhouses and Condos May 2020 Market Report

Florida Townhouses and Condos market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year.  Closed sales were down by 50.3% as compared to last month’s decrease of 36.5%.  New sales under contract (new pending sales) decreased by 16.8% (In April there was an 56.6% decrease).

Prices, however, increased for April.  The median sales price was up by 3.3% (was up by 7.7% in April), while the average sales price increased by 1.0% (was up 0.7% in April).

The inventory of active listings decreased by 4.3% from April of last year.  This results in 6.0 months of inventory as compared to 5.9 months for March 2019.  Moving into a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos May 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 May 2020 Market Report

Florida Townhouses and Condos April 2020 Market Report

05.22.20 by

Florida Townhouses and Condos April 2020 Market Report

Florida Townhouses and Condos market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year.  Closed sales were down by 36.5% as compared to last month’s increase of 4.7%.  New sales under contract (new pending sales) decreased by 56.6% (In February there was an 35.0% decrease).

Prices, however, increased for April.  The median sales price was up by 7.7% (was up by 10.8% in March), while the average sales price increased by 0.7% (was up 7.2% in March).

The inventory of active listings decreased by 6.9% from April of last year.  This results in 5.7 months of inventory as compared to 6.1 months for March 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

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 2020 Market Report

Martin County Townhouses and Condos 2020 1st Quarter Report

05.15.20 by

Martin County Townhouses and Condos 2020 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 2020 1st Quarter Report

Both sales volume, as well as prices, showed increases in the first quarter of 2020 when compared to the same period last year.  So, we remain in a positive real estate environment.

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 1st Quarter Report

Florida Townhouses and Condos 2020 1st Quarter Report

05.13.20 by

Florida Townhouses and Condos 2020 1st Quarter Report

Click the image below to view the Florida Townhouses and Condos 2020 1st Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2020 1st Quarter Report

Both sales volume, as well as prices, showed increases in the 4th quarter of 2019 when compared to the same period last year.  So, we remain in a positive real estate environment.

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 2020 1st Quarter Report

Florida Single Family Homes 2020 1st Quarter Report

05.12.20 by

Florida Single Family Homes 2020 1st Quarter Report

Click the image below to view the full details of the 2019 3’rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2020 1st Quarter Report

For the 1st quarter of 2020 for Florida single-family homes continues to show improved activity when compared to last year.  Both sales and prices had improved results.

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 1st Quarter Report

Florida Townhouses and Condos March 2020 Market Report

04.24.20 by

Florida Townhouses and Condos March 2020 Market Report

Florida Townhouses and Condos had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector.  Closed sales were up by 4.7% as compared to last month’s increase of 10.8%.  New sales under contract (new pending sales) decreased by 35.0% (In February there was an 13.9% increase).

Prices were up for March.  The median sales price was up by 10.8% (was up by 6.7% in February), while the average sales price increased by 7.2% (was up 2.6% in February).

The inventory of active listings decreased by 8.5% from March of last year.  This results in 5.5 months of inventory as compared to 6.3 months for March 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos March 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 March 2020 Market Report

Florida Townhouses and Condos February 2020 Market Report

03.24.20 by

Florida Townhouses and Condos February 2020 Market Report

For February 2020, Florida Townhouses and Condos continued the new year with strong sales activity.  Closed sales were up by 10.8% as compared to last month’s increase of 14.5%.  New sales under contract (new pending sales) increased by 13.9% (In January there was an 14.3% increase).

Prices were also up for February.  The median sales price was up by 6.7% (was up by 8.1% in January), while the average sales price increased by 2.6% (was up 7.5% in January).

The inventory of active listings decreased by 13.1% from February of last year.  This results in 5.4 months of inventory as compared to 6.4 months for February 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos February 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 February 2020 Market Report

Florida Townhouses and Condos January 2020 Market Report

03.03.20 by

Florida Townhouses and Condos January 2020 Market Report

For January 2020, Florida Townhouses and Condos began 2020 with strong sales activity.  Closed sales were up by 14.5% as compared to last month’s increase of 17.7%.  New sales under contract (new pending sales) increased by 14.3% (In December there was an 8.3% increase).

Prices were also up for January.  The median sales price was up by 8.1% (was up by 9.6% in December), while the average sales price increased by 7.5% (was up 11.5% in December).

The inventory of active listings decreased by 11.7% from January of last year.  This results in 5.5 months of inventory as compared to 6.3 months for January 2019.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos January 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 market reports:

Florida Townhouses and Condos January 2020 Market Report

Cabana Point February 2020 Market Report

02.29.20 by

Cabana Point February 2020 Market Report

There are no homes for sale in the Cabana Point community of Stuart Florida in February 2020.

There is one home currently under contract. The list price was $299,800 or $172.30 per sq. ft. of living area. This home was on the market for 132 days prior to going under contract.

In the past 12 months, there have been 3 sales in Cabana Point. Sales prices ranged from $264,000 up to $460,000. This works out to an average sales price of $363,000 which is $266.19 per sq. ft. of living area. These homes averaged 100 days on the market before going under contract and sold for an average of 92% of list price.

About Cabana Point in Stuart Florida:

A Stuart FL waterfront community.

Cabana Point in Stuart FL

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 FL

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.

Cabana Point in Stuart FL

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

Search for cabana Point homes for sale

Recent market reports:

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

Cabana Point February 2020 Market Report

Martin County Townhouses and Condos 2019 4th Quarter Report

02.26.20 by

Martin County Townhouses and Condos 2019 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.

Florida Townhouses and Condos 2019 4th Quarter Report

Both sales volume, as well as prices, showed increases in the third quarter of 2019 when compared to the same period last year.  So, we remain in a positive real estate environment.

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 2019 4th Quarter Report

Florida Townhouses and Condos 2019 4th Quarter Report

02.24.20 by

Florida Townhouses and Condos 2019 4th Quarter Report

Click the image below to view the Florida Townhouses and Condos 2019 4th Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2019 4th Quarter Report

Both sales volume, as well as prices, showed increases in the 4th quarter of 2019 when compared to the same period last year.  So, we remain in a positive real estate environment.

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 2019 4th Quarter Report

Florida Single Family Homes 2019 4th Quarter Report

02.21.20 by

Florida Single Family Homes 2019 4th Quarter Report

Click the image below to view the full details of the 2019 3’rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2019 4th Quarter Report

For the 4th quarter of 2019 for Florida single-family homes continues to show improved activity when compared to last year.  Both sales and prices had improved results.

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:

Harbour Pointe February 2020 Market Report

02.03.20 by

Harbour Pointe February 2020 Market Report

For February 2020 there is 1 home for sale in Harbour Pointe in Palm City FL. This home was listed for $379,900 which equals $180.65.

There are no homes in Harbour Pointe currently under contract.

8 Harbour Pointe homes have sold in the past 12 months with sales prices ranging from $285,777 up to $415,000.  This is an average sales price of $369,097 which is $157.78 per square foot of living area.  These homes sold for an average of 95% list price and averaged 97 days on the market before going under contract.

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

View previous Harbour Pointe 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 2020 Market Report

 

Florida Townhouses and Condos December 2019 Market Report

01.24.20 by

Florida Townhouses and Condos December 2019 Market Report

For December 2019, Florida Townhouses and Condos ended 2019 with very strong sales activity.  Closed sales were up by 17.7% as compared to last month’s decrease of 6.3%.  New sales under contract (new pending sales) increased by 8.3% (In November there was an 8.6% increase).

Prices were also up for December.  The median sales price was up by 8.1% (was up by 5.4% in November), while the average sales price increased by 11.5& (was up 1.9% in November).

The inventory of active listings decreased by 9.7% from December of last year.  This results in 5.2 months of inventory as compared to 5.8 months for December 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos December 2019 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.

Florida Townhouses and Condos December 2019 Market Report

Recent Posts:

Florida Townhouses and Condos November 2019 Market Report

12.23.19 by

Florida Townhouses and Condos November 2019 Market Report

For November 2019, Florida Townhouses and Condos had mixed sales results when compared to last November.  Closed sales were down by 6.3% as compared to last month’s decrease of 0.5%.  New sales under contract (new pending sales) increased by 8.6% (In October there was a 4.2% increase).

Prices, though, were up for November.  The median sales price was up by 5.4% (was up by 5.8% in October), while the average sales price increased by 1.9% (was up 2.9% in October).

The inventory of active listings decreased by 7.1% from November of last year.  We now have 5.5 months of inventory as compared to 5.7 months for November 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos November 2019 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 Posts:

Florida Townhouses and Condos November 2019 Market Report

Florida Townhouses and Condos October 2019 Market Report

12.10.19 by

Florida Townhouses and Condos October 2019 Market Report

For October 2019, Florida Townhouses and Condos had mixed sales results when compared to last October.  Closed sales were down by 0.5% as compared to last month’s increase of 6.1%.  New sales under contract (new pending sales) increased by 4.2% (In September there was a 0.4% decrease).

Prices, though, were up for October.  The median sales price was up by 5.8% (was also up by 5.8% in September), while the average sales price increased by 2.9% (was up 1.3% in September).

The inventory of active listings decreased by 3.7% from October of last year.  We now have 5.4 months of inventory as compared to 5.5 months for October 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors:

Click here to view or 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.

Florida Townhouses and Condos October 2019 Market Report

Florida Townhouses and Condos 2019 3’rd Quarter Report

11.13.19 by

Florida Townhouses and Condos 2019 3’rd Quarter Report

Click the image below to view the full details of the Florida Townhouses and Condos 2019 3’rd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2019 3'rd Quarter Report

Both sales volume, as well as prices, showed increases in the third quarter of 2019 when compared to the same period last year.  So, we remain in a positive real estate environment.

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

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2019 3’rd Quarter Report

Florida Single Family Homes 2019 3’rd Quarter Report

11.12.19 by

Florida Single Family Homes 2019 3’rd Quarter Report

Click the image below to view the full details of the 2019 3’rd quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2019 3'rd Quarter Report

For the third quarter of 2019 for Florida single-family homes continues to show improved activity when compared to last year.  Both sales and prices had improved results.

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 single-family homes quarterly market reports

Florida Townhouses and Condos September 2019 Market Report

11.01.19 by

Florida Townhouses and Condos September 2019 Market Report

For September 2019, Florida Townhouses and Condos had mixed sales results when compared to last September.  Closed sales were up by 6.1% as compared to last month’s decrease of 2.9%.  New sales under contract (new pending sales) decreased by 0.4% (In August there was a 1.4% decrease).

Prices, though, were up for September.  The median sales price was up by 5.8% (was up by 2.7% in August), while the average sales price increased by 1.3% (was up 3.1% in August).

The inventory of active listings decreased by 0.6% from September of last year.  We now have 5.3 months of inventory which is the same as the 5.3 months for September 2018.  Remaining in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos September 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors:

Click here to view or 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.

Florida Townhouses and Condos September 2019 Market Report