Rocky Point Estates January 2020 Market Report

12.02.20 by

Rocky Point Estates January 2020 Market Report

There is currently only 1 home available for sale in the Rocky Point Estates area of Rocky Point in Martin County FL.  The list price is $489,000 or $220.87 per sq. ft. of living area.

There is also 1 home under contract which has not sold to date.  The list price was $599,000 which is $283.22 per sq. ft. of living area. This home was on the market for 5 days before going under contract.

In the past 12 months, 11 homes have sold in Rocky Point Estates.  Sales prices ranged from $300,000 up to $1,054,500.  This is an average sales price of $487,734 which works out to $258.10 per sq. ft. of living area.  These homes sold for an average of 98% of the last list price and took an average of 33 days of being on the market prior to receiving an accepted offer.

Click here to view recent Rocky Point Estates market reports!

About Rocky Point Estates:

Rocky Point Estates

Rocky Point Estates is an HOA community in the eastern middle of Rocky Point.  Homes on Orange St, Nassau Ter. and the north side of Matousek St. had the opportunity to join this HOA when it was developed.  For a very reasonable sum, members have access to a large park with a boat ramp and picnic grounds available for their exclusive use.  In addition, there’s a 29 slip marina suitable for boats up to 30’ in length.  These docks can only be owned (or leased) by members in good standing within the Rocky Point Estates HOA community.  Individuals within Rocky Point Estates have the option to sell or trade docks within the community.

Rocky Point Estates

The boat ramp and the docks are in a highly desirable location. They are only about a mile from the open waters of the Atlantic Ocean through the Saint Lucie Inlet.  Fishermen in this community love the fact that they can be casting their lines in deep water just minutes after leaving the dock or ramp.

Rocky Point Estates

There are just over 170 homes belonging to the association.  Homes were first built in this community in 1959 and the latest home was just completed in 2014. This neighborhood includes homes of all styles and sizes. They range from 5 bedroom, 4 bathroom home on almost a half-acre down to under 1,000 sq. ft., 2 bedroom, 1 bathroom homes on under a quarter of an acre lots.

Rocky Point Estates

Children residing in Rocky Point Estates attend the Martin County School District. The current assignments are to the Port Salerno Elementary, Murray Middle and South Fork High Schools.  Residents are also close to a number of wonderful restaurants and first-class medical facilities.

Rocky Point Estates

Search for available homes in Rocky Point Estates

Recent Market Report Posts:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Rocky Point Estates January 2020 Market Report

Indian River Drive Real Estate November 2020 Market Report

11.28.20 by

Indian River Drive Real Estate November 2020 Market Report

There are 16 properties available for sale on and around the Indian River Drive area for November 2020.  These properties are listed for prices from $365,000 up to $5,500,000.  This is an average list price of $1,211,531 which works out to $308.35 per sq. ft. of living area.

There are 8 homes under contract.  These homes were listed for $145,900 up to $1,249,900.  This is an average list price of $514,974 or $207.29 per sq. ft. of living area.  These homes were on the market for an average of 85 days before going under contract.

In the past 12 months, 39 homes have sold.  Sale prices ranged from a low of $92,000 up to $1,500,000.  This equals an average sales price of $536,961 which works out to $190.64 per sq. ft. of living area.  These homes averaged 197 days on the market before going under contract and sold for an average of 92% of list price.

Click here to view previous Indian River Drive market reports!

About Indian River Drive:

Discover the last vestiges of old Florida charm and the best values for wide waterfront homes and estate sized land in South Florida today!  Twelve miles of paradise on a two-lane country road along the Treasure Coast between the Island Life Of Jensen Beach and the Historic Town of Ft. Pierce.  Most of the homes on Indian River Drive will have the wide views of the Intracoastal (Indian River)  on the east side and the unspoiled beauty of the Savannahs Preserve State Park on the west side.

Indian River Drive Real Estate

The blue waters of the Atlantic Ocean are just minutes away.  The famous Hutchinson Island is viewed by all residents along this designated Florida Scenic Route.

Indian River Drive Real Estate

The early settlers of the Treasure Coast recognized the Tropical Beauty of this bit of paradise.  Long used as a transportation route for the pineapple plantation owners to ship their product to various ports-of-call. The Intracoastal has easy access to the Atlantic Ocean and is a safe haven for boaters.  World-class marine life is right at your doorstep and the fishing is some of the best in the world.

Indian River Drive Real Estate

The high elevation along the drive adds drama and beauty to most homes along this scenic stretch of a two-lane road.

Search for Indian River Drive Homes for Sale

Search for Indian River Drive Vacant Land for Sale

Recent Market Report Posts:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Indian River Drive Real Estate November 2020 Market Report

St Lucie County Townhouses and Condos October 2020 Market Report

11.27.20 by

St Lucie County Townhouses and Condos October 2020 Market Report

The St Lucie County Townhouses and Condos market for October 2020 continues to do well and not show any ill effects from the current pandemic. Closed sales were up by 102.5% from last year (were up by 68.4% in September). New pending sales were up by 42.6% for October (they were up by 145.1% last month).

October prices were also up.  The median price increased by 17.5% from last year (was down by 2.4% in September) while the average sales price increased by 35.4% (was up by 12.6% in September).

The inventory of available townhouses and condos decreased by 25 units from last month to 362 units. This is 37.2% less inventory than we had in October 2019. The current inventory supply is 3.5 months, as compared to 6.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos September 2020 Market Report

 

Click to download the full report

View previous St. Lucie County market reports here.

Recent County 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.

St Lucie County Townhouses and Condos October 2020 Market Report

Villa del Sol November 2020 Market Report

11.27.20 by

Villa del Sol November 2020 Market Report

For November 2020, there is only 1 condo for sale in Villa del Sol on Hutchinson Island in Jensen Beach FL.  The list price is $262,900 which equals $293.09 per sq. ft. of living area.

There are 2 condos under contract in Villa del Sol.  The list prices were $250,000 and $415,000.  This is an average list price of $332,500 or $288.21 per sq. ft. of living area.  These condos were on the market for an average of 10 days prior to going under contract.

In the past 12 months, 6 condos have sold.  The sales prices ranged from $225,000 up to $345,000. This equals an average sales price of $257,133 which works out to $199.56 per sq. ft. of living area.  These condos sold for an average of 96% of list price and went under contract in an average of 21 days after being listed.

Click here to view previous Villa del Sol market reports!

About the Villa Del Sol Condos on Hutchinson Island

Villa del Sol condos on Hutchinson Island in Jensen Beach

The Villa del Sol condominium on Hutchinson Island is the first set of condos north of the Jensen Beach Causeway in Saint Lucie County.  This complex was completed between 1970 and 1974. It includes 73 units of condos. From 1 Bedroom, 1 Bath units of 540 sq. ft. of living area under AC up to 2 Bedroom, 2.5 Baths, 2 story units of 1,394 sq. ft.

Villa del Sol condos on Hutchinson Island in Jensen Beach

This is an oceanfront complex with a community pool, private beach access, and manager on site.  1 large pet is permitted and the rental policy allows rentals of 30 days or greater.  As of this writing, the condo fees are $455 per month.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Great location only a short drive to downtown Jensen Beach as well as within walking distance of shops on Hutchinson Island.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Click here for available Villa del Sol Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds

Recent Market Report Posts:

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Villa del Sol November 2020 Market Report

St Lucie County Single Family Homes October 2020 Market Report

11.26.20 by

St Lucie County Single Family Homes October 2020 Market Report

The October 2020, St Lucie County Single Family Home market continues to do exceed expectations. Closed and pending sales were both up when compared to last year. Closed sales were up by 24.6% for the month (in September they were up by 20.0%). New sales under contract (new pending sales) increased by 11.8% (they were up by 44.1% last month).

Prices were also up for the month.  The median sales price was up by 9.7% (was up by 8.6% in September).  The average sales price was up by 19.7% (it was up by 10.9% in September).

The number of available home listings decreased by 9 homes to 959 homes.  This inventory is 45.2 % less than last year.  The current supply of homes is only 1.8 months (it was 3.7 months last year).  The St Lucie County single-family home market remains in an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes October 2020 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

Recent County 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.

St Lucie County Single Family Homes October 2020 Market Report