Hideaway Isles Real Estate Market Report April 2024

04.05.24 by

Hideaway Isles Real Estate Market Report April 2024

As of April 2024, there are no homes available for sale in the Hideaway Isles community of Palm City FL.

There is 1 Hideaway Isles home currently under contract. The list price was $2,500,000 which is $560.79 per sq. ft. of living space.  This home was on the market for 2 days before going under contract.

In the past 12 months, 8 Hideaway Isles homes have sold.  Sales prices ranged from $410,000 up to $1,600,000.  This equals an average sales price of $832,500 which works out to $382.53 per sq. ft. of living area.  These homes sold for an average of 94% of the list price. And, they went under contract in an average of 69 days after being listed.

Click here to view the previous Hideaway Isles market report!

About Hideaway Isles in Palm City FL:

Hideaway Isles real estate in Palm City FL
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Hideaway Isles is a community of a variety of homes where you will surely find something to suit your needs!  Homes range in size from modest two to over five-bedroom homes with plenty of room around the homes for a great opportunity to make your backyard a fantastic weekend getaway. There is a variety of homes in Hideaway Isles that have newer and older designs and ages. However, many homes have completed updates to the inside and outsides that today’s home buyers find so appealing.  Most Hideaway Isles homes are waterfront with deep water docks that can easily access the blue waters of the Atlantic Ocean, only minutes away.

There are no HOA fees in Hideaway Isles and the only property restrictions are those imposed by Martin County.

Hideaway Isles real estate in Palm City FL

Hideaway Isles is located in Palm City. A great place to raise a family because of the “A” rated school system of Martin County. It’s close to I-95 and Florida’s Turnpike which makes it convenient for commuting either north or south.

Hideaway Isles real estate in Palm City FL

Search here for any available Hideaway Homes for sale in Palm City FL

Search for Hideaway Isles real estate in Palm City FL

For more Stuart Florida area real estate information contact me, Gabe Sanders, or search for properties on your own at GabeSanders.com

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

Hideaway Isles Real Estate Market Report April 2024

Maritimes Real Estate Market Report April 2024

04.04.24 by

Maritimes Real Estate Market Report April 2024

As of April 2024, there are 2 condos available for sale in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL. The list prices are $859,999 and $1,040,000. This is an average list price of $950,000 which is $470.30 per sq. ft. of living space.

There are no Maritimes condos currently under contract.

There have been 3 sales in the Maritimes in the past 12 months.  The sales prices ranged from $665,000 up to $975,000. This is an average sales price of $780,000 which equals $472.58 per sq. ft. of living area. These condos sold for an average of 94% of the last list price. And, they were on the market for an average of 24 days before going under contract.

Click here to view the previous Maritimes market report!

About the Maritimes on Hutchinson Island

The Maritimes real estate on Hutchinson Island in Stuart Florida
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The Maritimes is one of the prime ocean-to-river communities on South Hutchinson Island in Stuart, FL.  Many units offer larger than normal residences in both River and Oceanside settings.  The complex consists of 53 units, all oceanfront or on the banks of the Intracoastal Waterway. The units range in size from 1,300 to 2,100 square feet and have 2 or 3 bedrooms. The complex has several amenities, including a pool, tennis courts, and kayak/canoe storage.

The riverside (or Maritimes West has a lovely private sandy beach with kayak storage for those not wishing to play in the surf or for those days when it’s a bit windy on the beachside.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

The Maritimes condos were constructed between 1975 and 1988, with the oceanfront units being built first.  Living square footage ranges from just under 1300 sq. ft. 2 Bedroom condos with over 2100 sq. ft. condos and townhouses with 3 Bedrooms plus dens and a garage.

The Maritimes real estate on Hutchinson Island in Stuart Florida
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The Maritimes is a pet-friendly community and allows up to 2 large pets. Rentals are also permitted with a minimum of 2-month duration. The monthly condo fee includes basic cable, fire/liability and exterior building insurance, landscaping, manager, pest control, recreational facility, reserve funds, sewer, trash removal, and water.

The Maritimes on Hutchinson Island in Stuart Florida
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The Maritimes is located in a desirable area of Stuart, close to shopping, dining, and entertainment. The complex is also within walking distance of the beach.

The Maritimes real estate on Hutchinson Island in Stuart Florida

The Maritimes is a great option if you are looking for a luxury condominium in a beautiful location.

Maritimes Condos on Hutchinson Island

 Search for the Maritimes Condos and Townhomes Condos on Hutchinson Island

Search for Maritime condos on Hutchinson Island in Stuart FL

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.

Maritimes Real Estate Market Report April 2024

Sewalls Landing Real Estate Market Report April 2024

04.03.24 by

Sewalls Landing Real Estate Market Report April 2024

For April 2024, there is 1 home for sale in Sewalls Landing, The list price is $1,300,000 which is $402.23 per sq. ft. of living area.

There are no Sewalls Landing homes currently under contract.

In the past 12 months, there have been 5 Sewalls Landing home sales. The sales prices ranged from $740,000 up to $1,250,000. This is an average sales price of $967,400 which equals $356.92 per sq. ft. of living area. These homes were on the market for an average of 30 days before going under contract. And, they sold for 93% of the list price.

Click here to view the previous Sewalls Landing market report!

About Sewalls Landing:

Sewalls Landing real estate in Jensen Beach Florida
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Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls Landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park, and much, much more. 

Sewalls Landing real estate in Jensen Beach Florida
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This gated community consists of 51 home sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generously sized lots from just under a ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3-car garages.  Sewalls Landing residents enjoy low HOA fees.

Children attend Felix Williams Elementary, Stuart Middle, and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought-after community in Martin County, FL.

Sewalls Landing real estate in Jensen Beach Florida

Search for Sewalls Landing Homes for Sale

 

 

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

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

Sewalls Landing Real Estate Market Report April 2024

Beau Rivage Real Estate Market Report April 2024

04.01.24 by

Beau Rivage Real Estate Market Report April 2024

For April 2024, there are 7 homes available for sale in Beau Rivage in Stuart Florida. The list prices range from $399,900 to $2,999,999. This equals an average list price of $1,308,928 or $523.91 per sq. ft. of living area.

There are 3 Beau Rivage homes currently under contract. The list prices ranged from $550,000 up to $2,500,000. This was an average list price of $1,481,667 which is $596.78 per sq. ft. of living space. These homes were on the market for an average of 76 days before going under contract.

In the past 12 months, 12 Beau Rivage homes have sold.  Sales prices ranged from $265,000 up to $1,575,000.  The average sales price was $661,883 which equaled $335.19 per sq. ft. of living area.  These homes averaged 43 days on the market before going under contract. And, they sold for an average of 98% of the last list price.

Click here to view the previous Beau Rivage market report!

About Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates real estate in Stuart Florida
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Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms.

Beau Rivage Estates real estate in Stuart Florida

Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary School, and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Beau Rivage Estates real estate in Stuart Florida
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Search for Beau Rivage Homes for Sale

Search for Beau Rivage homes in Stuart Florida

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.

Beau Rivage Real Estate Market Report April 2024

Rustic Hills Real Estate Market Report March 2024

03.31.24 by

Rustic Hills Real Estate Market Report March 2024

For March 2024, there are 6 homes available for sale in Rustic Hills in Palm City FL.  List prices ranged from $737,000 up to $1,599,555.  This is an average list price is $1,003,492 or $495.68 per sq. ft. of living area.

There are no Rustic Hills homes under contract at this time.

In the past 12 months, 10 Rustic Hills homes have sold.  Sales prices ranged from $540,000 up to $970,000. This average sales price of $706,500 equates to $379.44 per sq. ft. of living space.  Sales prices averaged 95% of the last list price. And, these homes averaged 82 days on the market before going under contract.

Click here to view the previous Rustic Hills market report!

About Rustic Hills in Palm City FL:

Rustic Hills Palm City Boating Community
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Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 homesites geared for families who also enjoy boating. All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks. A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills. Great families and good neighbors through a series of winding one-lane roads that make this neighborhood unique in today’s fast-paced lifestyles. Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even rebuilt to today’s standards.

Rustic Hills Palm City Boating Community
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Recent Rustic Hills home sales:

Truly a ‘rustic’ area, but close to shopping, beaches, and all modern amenities. It is only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Rustic Hills covered bridge

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.  Rustic Hills is an amicable family neighborhood where children are seen playing outside at all times and neighbors take the time to make sure that all is well.

There are some exceptional opportunities for prospective homebuyers in Rustic Hills.

Search for currently available homes in Rustic Hills, Palm City, Florida

Rustic Hills homes for sale in Palm City FL

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.

Rustic Hills Real Estate Market Report March 2024

Jensen Beach Club Real Estate Market Report March 2024

03.30.24 by

Jensen Beach Club Real Estate Market Report March 2024

There are 4 condos for sale in the Jensen Beach Club on Hutchinson Island in Jensen Beach FL for March 2024.  The list prices range from $325,000 up to $425,000. This is an average list price of $364,500 which equals $334.41 per sq. ft. of living area.

There is 1 Jensen Beach Club condo currently under contract.  The list price was $415,000 or $380.73 per sq. ft. of living area. These condos were on the market for an average of 5 days before going under contract.

In the past 12 months, 4 Jensen Beach Club condos have sold. Sales prices ranged from $335,000 up to $455,000.  This equals an average sales price of $409,975 which is $370.32 per sq. ft. of living area. These condos were on the market for an average of 45 days before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Jensen Beach Club market report!

About the Jensen Beach Club on Hutchinson Island:

Jensen Beach Club on Hutchinson Island
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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.

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.

Jensen Beach Club condos for sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House –Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View –Sailfish Point – Sandpebble – Seaside – Suntide

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 Real Estate Market Report March 2024

Lighthouse Point and Seagate Harbor Market Report March 2024

03.29.24 by

Lighthouse Point and Seagate Harbor Market Report March 2024

For March 2024, there are 13 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  List prices range from $729,000 up to $2,550,000.  This is an average list price of $1,389,462 which equals $637.90 per square foot of living area.

There are no Lighthouse Point and Seagate Harbor homes currently under contract.

16 Lighthouse Point and Seagate Harbor homes have been sold in the past 12 months.  Sales prices ranged from $605,000 up to $2,750,000.  This works out to an average sales price of $1,286,119 which equals $595.43 per square foot of living area.  These homes were on the market for an average of 89 days before going under contract. And, they sold for an average of 94% of the list price.

Click here for the previous Lighthouse Point and Seagate Harbor market report!

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL

A true boater’s and sailor’s delight in an affordable waterfront niche community with deep water dockage! With, families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A-Rated schools!

Lighthouse Point and Seagate Harbor in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deepwater canals. Additionally, some select homes come with wide views of the Saint Lucie River. There is a community boat ramp also available providing everything a boater would ever want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get-togethers throughout the year. Additionally, these two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high spans 60’ +). Furthermore, these canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in a major transformation. Currently, many larger and newer homes are replacing the smaller homes of the previous era.

So, those of you looking for an affordable waterfront in the Martin County area may want to act sooner rather than later as current prices have been rising rapidly.

Search for available homes in Lighthouse Point and Seagate Harbor

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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.

Lighthouse Point and Seagate Harbor Market Report March 2024

St Lucie County Townhouses and Condos February 2024 Market Report

03.28.24 by

St Lucie County Townhouses and Condos February 2024 Market Report

The St Lucie County Townhouses and Condos market showed stronger sales activity when compared to last year. Even as we face headwinds with economic uncertainties, at least mortgage rates may have peaked and begun to decrease. Closed sales were up by 35.8% from last year (were down by 7.1% in January). New pending sales were up by 26.6% (they were down by 6.2% last month).

Prices were mixed for February. The median price decreased by 3.4% from last year (was up by 8.0% in January) and the average sales price increased by 20.0% (was up by 21.8% in January).

The available townhouses and condos inventory increased by 8 units from last month to 642 residences. This is a 60.9% greater inventory than we had in February 2023. The current inventory supply is 7.3 months, as compared to 4.5 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in its third month of a balanced market, and now approaching a seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Townhouses and Condos February 2024 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 February 2024 Market Report

Governors Landing Real Estate Market Report March 2024

03.28.24 by

Governors Landing Real Estate Market Report March 2024

There is 1 home on the market in Governors Landing in Hobe Sound FL for March 2024. The list price is $1,137,500 which is $506.91 per sq. ft. of living area.

There are no Governors Landing homes currently under contract.

In the past 12 months, there have been 2 Governors Landing home sales. The sales prices were $870,000 and $1,325,000. This equals an average sales price of $1,097,500 or $400.40 per sq. ft. of living area. These homes were on the market for an average of 148 days before going under contract. And, they sold for 97% of the last list price.

Click here to view the previous Governors Landing market report!

About Governors Landing in Hobe Sound FL

Governors Landing in Hobe Sound Florida
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Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks.   And, on the west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  This is a very convenient location about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors Landing in Hobe Sound Florida

Governors Landing has both canal homes with ocean access docks as well as lakefront homes. Many of the non-canal homes come with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Homes were built between 1988 and 2006 in Governors Landing.  Existing lot sizes range from just over 1/6th to just under ½ acres. The home sizes range from 3 bedrooms, 2 bathrooms, 2 car garage with around 2,400 sq. ft. of air-conditioned living area up to 5 bedrooms, 5 bathrooms, 3 car garage homes with 5,000 sq. ft. of living area.

Governors Landing in Hobe Sound Florida
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Low HOA fees include the maintenance and upkeep of the security gate, common areas as well as community docks and ramps as well as basic cable TV service.

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School, and South Fork High School.

For those looking for luxury ocean-access homes with convenient access to good schools, medical facilities, and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

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.

Governors Landing Real Estate Market Report March 2024

St Lucie County Single Family Homes February 2024 Market Report

03.27.24 by

St Lucie County Single Family Homes February 2024 Market Report

The February 2024 St Lucie County Single Family real estate market showed slightly improved sales activity when compared to last year. we continue to face headwinds with economic uncertainties, though mortgage rates appear to have peaked and have started to decrease. Closed sales were up by 1.4% for the month compared to last year (in January they were down by 20.7%). New sales under contract (new pending sales) decreased by 3.6% (they were down by 14.7% last month).

Prices were higher for February when compared to last year.  The median sales price was up by 5.4% (was up by 5.9% in January).  The average sales price was up by 11.1% (it was up by 9.4% in January).

The number of available homes for sale increased by 56 homes to 1,949 units.  This inventory is 21.9% greater than last year.  The current supply of homes is 4.2 months (it was 3.0 months last year).  The St. Lucie County single-family home market remains a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7 months supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

St Lucie County Single Family Homes February 2024 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 February 2024 Market Report

South Fork Estates Real Estate Market Report March 2024

03.27.24 by

South Fork Estates Real Estate Market Report March 2024

There are no homes for sale in the South Fork Estates in Stuart FL for March 2024.

There are 2 South Fork Estates homes under contract at this time. The list prices were $899,900 and $975,000. This equals an average list price of $937,450 or $336.37 per square foot of living area. These homes were on the market for an average of 17 days before going under contract.

In the past 12 months, there have been 2 South Fork Estates home sales.  Sales prices were $699,000 and $925,000.  This works out to an average sales price of $812,000 which is $363.63 per square foot of living area.   These homes averaged 48 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here for the previous South Fork Estates market report!

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart Florida
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A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart Florida
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There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3-car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart Florida
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Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates is a great community to call home.

Search for homes for sale in South Fork Estates

Search for South Fork Estates homes for sale

Recent market reports:

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.

South Fork Estates Real Estate Market Report March 2024

Martin County Townhouses and Condos February 2024 Market Report

03.26.24 by

Martin County Townhouses and Condos February 2024 Market Report

The Martin County Townhouses and Condos real estate market showed improved sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties, though mortgage rates have appeared to peak and started to decline. Closed sales for the month were up by 2.4%.  They were up by 22.0% in January.  New sales under contract (new pending sales) were unchanged from last year.  They were down by 12.2% in January.

Prices were down for February.  The median sales price decreased by 6.8% (was down by 11.1% last month). And, the average sales price decreased by 0.5% (was down by 11.0% in January).

The available townhouses and condos inventory increased by 40 units to 548 properties.  This is a 77.9% greater supply of inventory than we had in February 2023.  Currently, there’s a 6.3 months supply of inventory (compared to 3.6 months for February 2023).  We’ve re-entered a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Martin County Townhouses and Condos February 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

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.

Martin County Townhouses and Condos February 2024 Market Report

Tesoro Real Estate Market Report March 2024

03.24.24 by

Tesoro Real Estate Market Report March 2024

For March 2024 there are 19 homes available to purchase in the Tesoro in Port St Lucie FL.  The list prices range from $499,000 up to $2,750,000. This is an average list price of $1,352,849 or $360.04 per sq. ft. of living area.

There are 8 Tesoro homes currently under contract. The list prices ranged from $483,000 up to $1,399,000. This equals an average list price of $864,706 which is $283.49 per sq. ft. of living space. These homes were on the market for an average of 67 days before going under contract.

In the past 12 months, there have been 19 Tesoro home sales.  Sales prices ranged from a low of $510,000 up to $2,000,000.  This works out to an average sales price of $1,053,684 which equals $292.62 per sq. ft. of living area.  These homes sold at an average of 93% of the list price. And, they were on the market for an average of 117 days prior to going under contract.

Click here to view the previous Tesoro market report!

About Tesoro in Port St. Lucie FL:

Tesoro homes in Port St Lucie Florida
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Tesoro, one of the premier country clubs on Florida’s Treasure Coast, lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

Tesoro in Port St Lucie FL
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The centerpiece of the Tesoro club is a 100,000-plus square foot three-story clubhouse overlooking a 120-acre lake.  This full-service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

In addition to the world-class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  A full-time ATP Tennis Director offers lessons, clinics, and a full-service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro in Port St Lucie FL
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For those needing more pampering, there’s a full-service spa and salon on-premises.  And, if you don’t feel like cooking the dining room at the Tesoro Club has a menu that is sure to please.

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedrooms, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter-acre lots.

Additional Tesoro Information: 

Currently, there are numerous opportunities for new custom homes built to your specifications or a good number of available resale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots, it starts around $580 a month and includes lawn, landscaping, 24-hour monitored security, basic cable TV, management, and exterior pest control.

Tesoro Clubhouse

Tesoro Update:  As of early summer 2019 the owner of the Tesoro Golf Club has shut down the golf course and the clubhouse.  Talks are ongoing as of this writing as to whether the club and clubhouse will be sold and re-opened under new ownership

Here are some of the currently available homes in Tesoro

Search for homes in Tesoro

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.

Tesoro Real Estate Market Report March 2024

Florida Townhouses and Condos February 2024 Market Report

03.22.24 by

Florida Townhouses and Condos February 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 2.5% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 4.8% (In January, there was a 8.5% decrease).

Prices were up for February compared to last year. The median sales price was up by 3.2% for February (was also up by 3.2% in January). And the average sales price increased by 3.4% (was up by 3.0% in January).

The inventory of active listings increased by 73.3% from February last year.  This results in a 6.3 months supply of inventory as compared to 3.2 months for February 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a really long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

Please click on the image or link below to download the full Florida single-family real estate market report.

Florida Townhouses and Condos February 2024 Market Report
Florida Townhouses and Condos February 2024 Market Report
Download/view the full report

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

To view the latest 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 2024 Market Report

Banyan House Real Estate Market Report March 2024

03.22.24 by

Banyan House Real Estate Market Report March 2024

For March 2024, there are 6 condos for sale in the Banyan House condo community of Stuart FL.  The list prices range from $325,000 to $359,900. This works out to an average list price of $338,633 which equals $247.18 per sq. ft. of living area. 

There is 1 Banyan House condo currently under contract. The list price was $339,000 or $247.45 per sq. ft. of living space.

In the past 12 months, 7 Banyan House condos have sold.  Sales prices ranged from $249,000 up to $390,000. This is an average sales price of $277,857 which works out to $202.81 per sq. ft. of living area.  These condos averaged 17 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Banyan House market report!

About the Banyan House Condos in Stuart FL:

Banyan House condos in Stuart Florida
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Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House condos in Stuart Florida
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The Banyan House complex residents enjoy a heated pool, 2 tennis courts, and a clubhouse as their amenities.  All ages are welcome and up to 1 medium-sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves, and management services.

Children living in Banyan House currently attend the JD Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.

Banyan House Condos in Stuart FL

This community is much sought after because of its excellent location as well as being well-run and well-managed.  Condos tend to sell very quickly when they come on the market. 

Banyan House Condos in Stuart FL

Search here for any current listings in the Banyan House Condo Complex.

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.

Banyan House Real Estate Market Report March 2024

Florida Single Family Homes February 2024 Market Report

03.21.24 by

Florida Single Family Homes February 2024 Market Report

The Florida Single Family Home real estate market had slightly better sales activity when compared to last year. Though we continue to face headwinds with some economic uncertainties, it does appear that mortgage rates may have started to decrease and I expect to see a gradual return to a historically normal real estate market. Closed sales were up by 2.2% (were up by 0.6% in January). New sales under contract (new pending sales) were down by 0.3% (were down by 2.9% in January).

Prices increased for February when compared to last year.  The (year-to-year) median sales price was up by 5.1% (it was up by 3.8% in January). And, the average sales price was up by 5.7% (it was up by 9.7% last month).

The inventory of available homes for sale increased by 36.5% from last year.  This represents a 3.9 months supply of inventory (February 2023 had a 2.7 months supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Please click on the image or link below to download the full Florida single-family real estate market report.

Previous Florida real estate market report posts.

Florida Single Family Homes February 2024 Market Report
Download/View the full report
Recent Florida Market Report Posts:

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Homes February 2024 Market Report

 

Vista Pines Real Estate Market Report March 2024

03.19.24 by

Vista Pines Real Estate Market Report March 2024

For March 2024, there are 15 condos available for sale in Vista Pines in Stuart FL. The list prices range from $139,900 to $225,000. This is an average list price of $185,713 which is $190.20 per sq. ft. of living area.

There is only 1 Vista Pines condo currently under contract and awaiting settlement.  The list price was $199,900 which equals $183.56 per sq. ft. of living area.   This condo was on the market for 183 days before going under contract.

In the past 12 months, there have been 23 Vista Pines condo sales.  Sales prices ranged from $83,500 up to $220,000.  This works out to an average sales price of $155,176 which equals $178.78 per sq. ft. of living area.  These sales averaged 97% of the list price. And, these condos averaged 41 days on the market prior to going under contract.

Click here to view previous Vista Pines market reports.

About Vista Pines in Stuart FL:

Vista Pines real estate in Stuart Florida
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The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island.  Also, close to restaurants, grocery stores, and medical facilities that are within walking distance for many.

Vista Pines condos were first built in 1970 and the last one was completed in 1973.   All the buildings are two-story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1-bedroom units.  Buildings are situated to maximize privacy and for serene views of green space.

Vista Pines real estate in Stuart Florida
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There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista Pines and this is an age-restricted (55+) community.  The HOA fees as of August 2014 were from the low $200’s for a 1-bedroom unit to just over $300 per month for 2-bedroom condos.

Vista Pines Condos in Stuart FL
Vista Pines Condos in Stuart FL
Vista Pines Condos in Stuart FL

Search for currently available condos in Vista Pines

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.

Vista Pines Real Estate Market Report March 2024

Emerald Lakes Real Estate Market Report March 2024

03.18.24 by

Emerald Lakes Real Estate Market Report March 2024

For March 2024, there are 7 homes for sale in Emerald Lakes in Stuart FL.  The list prices range from $289,990 and $509,000. This equals an average list price of $374,641 which is $237.94 per sq. ft. of living area.

There are 5 Emerald Lakes homes currently under contract. List prices ranged from $289,999 up to $419,900. This is an average list price of $358,920 which is $255.53 per sq. ft. of living area. These homes and townhomes averaged 89 days on the market before going under contract.

In the past 12 months, there have been 30 Emerald Lakes sales.  Sales prices ranged from $250,000 up to $435,936.  This works out to an average sales price of $334,925 or $236.80 per sq. ft. of living space.  These sales averaged 98% of the list price. And, these homes were on the market for an average of 27 days before going under contract.

Click here to view previous Emerald Lakes market reports.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart Florida
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The community of Emerald Lakes lies in the Port Salerno area of Stuart, Florida, and consists of 400 2 and 3-bedroom townhomes and 130 single-family villas.  The townhomes and villas are governed by two separate homeowners associations yet share many of the same amenities.

Emerald Lakes real estate in Stuart FL

Spread over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools, and two clubhouses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreens, Banks, Gold’s Gym, etc.

 

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas, and beaches, and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only slightly over an hour to the south and Disney World is just over 2 hours to the north.  It’s a perfect location!

Emerald Lakes real estate in Stuart FL

Residents of Emerald Lakes enjoy the good life with low HOA fees and excellent management staff for both Home Owners’ Associations.

Emerald Lakes Town Homes and Villas in Stuart FL

Currently Available Homes and Town Homes in Emerald Lakes

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.

Emerald Lakes Real Estate Market Report March 2024

Southwood Real Estate Market Report March 2024

03.17.24 by

Southwood Real Estate Market Report March 2024

For March 2024, there are no homes available for sale in the Southwood community of Stuart, FL.

There is 1 Southwood home currently under contract. The list price was $710,000 which is $335.22 per sq. ft. of living space. This home was on the market for 112 days before going under contract.

In the past 12 months, 6 Southwood homes have sold.  The sales prices ranged from $610,000 up to $808,500.  This is an average sales price of $677,917 which works out to $351.33 per sq. ft. of living area.  These homes went under contract in an average of 49 days after being listed.  And, these homes sold for an average of 98% of the last list price.

Click here to view the previous Southwood market report!

About Southwood in Stuart, FL:

Southwood real estate in Stuart FL
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Southwood is a small community of 115 home sites located just southeast of Salerno Rd on Kanner Highway in Stuart FL.  This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95.  It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd.  Just minutes from Martin Memorial South Hospital.  Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.

Children in Southwood attend Pinewood Elementary, David L. Anderson Middle, and Martin County High Schools.  All great schools.  Click on the above links for more information about each school.

One enters the Southwood subdivision through a long private drive.  Currently, this community is not gated, yet offers the utmost privacy and safety.  The homes were built from 1990 to 2001 and are all individual styles from various builders.  This is not a cookie-cutter community.  Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area up to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.

Southwood real estate in Stuart FL

The Southwood Community

There are a number of ponds and creeks throughout Southwood.  And, this community is mostly surrounded by either preserve lands or acreage.  There is no community pool or clubhouse so the HOA fees are a very reasonable $98.00 a month as of this writing and include trash and basic cable TV.  Though there are some magnificent nature trails through the preserve areas.

Southwood real estate in Stuart FL

Southwood is a gem of a neighborhood and is little known to many Martin County residents.  There is very low turnover in this community.  If you’re interested let us know and we can put you on a listing alert notification for this community.

Entrance to Southwood of Stuart FL

Click here to see if any Southwood Homes are currently available

Southwood real estate search

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.

Southwood Real Estate Market Report March 2024

Bayview Condos Real Estate Market Report March 2024

03.16.24 by

Bayview Condos Real Estate Market Report March 2024

For March 2024, there are 4 condos available for sale in the Bayview condos in Indian River Plantation on Hutchinson Island in Stuart FL. List prices range from $729,000 to $1,250,000. This is an average list price of $882,000 which works out to $618.60 per sq. ft. of living area.

There are 2 Bayview condos currently under contract and awaiting settlement.  The list prices were $625,000 and $950,000. This works out to an average list price of $787,500 or $493.85 per sq. ft. of living area.  These condos were on the market for an average of 12 days before going under contract.

In the past 12 months, 7 Bayview condos have sold. The sales prices ranged from $535,000 up to $1,275,000.  The average sales price was $732,143 which equals $478.36 per sq. ft. of living area.  Sales prices averaged 97% of the list price. And, these condos were on the market for an average of 81 days before going under contract.

Click here for previous Bayview Condo market reports.

About the Bayview Condos on Hutchinson Island:

Bayview condos in Indian River Plantation on Hutchinson Island in Stuart FL
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Bayview in Indian River Plantation is one of the newer condominium complexes on Hutchinson Island in Stuart Florida.  Bayview is a gated sub-complex of the Indian River Plantation Marriott Resort and consists of 4 semi-circular buildings totaling 129 3-bedroom, 3-bathroom and 2-bedroom, 2-bathroom condos.  Living space ranges from 2,105 sq. ft. to 1,204 sq. ft.

Bayview condos in Indian River Plantation on Hutchinson Island in Stuart FL
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Most units have sweeping views of the Intracoastal Waterway also known as the Indian River.   Great location only minutes away from the Saint Lucie Inlet.  For boaters, there’s a full-service Marina located on the grounds of the Indian River Plantation with slips available for lease.

Bayview condos in Indian River Plantation on Hutchinson Island in Stuart FL
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Bayview has a private heated pool and spa overlooking a lake as well as lovely manicured grounds for picnics or just a stroll by the water.  There’s also covered parking for all residents.

Bayview Condos in Indian River Plantation

Unit owners can join the Marriott Beach Club, which allows access to an 18-hole golf course, another community pool and fitness center, a professional tennis club and courts, and access to a private beach resort on the shores of the Atlantic Ocean.

Search here for all available Bayview Condos for sale!

Bayview Condo search

Additional Indian River Plantation Condos you may wish to consider: 
Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Recent market reports:

Bayview Condos Real Estate Market Report March 2024