Florida Townhouses and Condos January 2024 Market Report

02.23.24 by

Florida Townhouses and Condos January 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 1.2% compared to last month’s decrease of 6.2%.  New sales under contract (new pending sales) decreased by 8.5% (In December, there was a 5.5% decrease).

Prices were up for January compared to last year. The median sales price was up by 3.2% for January (was up by 6.5% in December). And the average sales price increased by 3.0% (was up by 10.4% in December).

The inventory of active listings increased by 62.9% from January last year.  This results in a 5.8 months supply of inventory as compared to 3.1 months for January 2023.  We remain 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 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 January 2024 Market Report
Florida Townhouses and Condos January 2024 Market Report
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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 January 2024 Market Report

Holly Creek Real Estate Market Report February 2024

02.23.24 by

Holly Creek Real Estate Market Report February 2024

For February 2024, there are 5 homes for sale in Holly Creek in Jensen Beach FL.  The list prices ranged from $349,000 to $524,000. This is an average list price of $422,380 which equals $245.16 per sq. ft. of living area.

There is 1 Holly Creek home currently under contract. The list price was $299,000 or $ 194.41 per sq. ft. of living space. This home was on the market for 86 days before going under contract.

In the past 12 months, 12 Holly Creek homes and townhomes have sold. Sales prices ranged from $265,000 up to $504,000. This works out to an average sale price of $345,575 which is $231.34 per sq. ft. of living area. These homes averaged 58 days on the market before going under contract. And, they sold for an average of 96% of the listed price.

Click here to view the previous Holly Creek market report!

About Holly Creek in Jensen Beach FL:

Holly Creek in Jensen Beach FL
Google Earth image

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping. And, just a short bike ride from schools, restaurants, parks, and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse with party and banquet facilities available for residents.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek in Jensen Beach FL
Google Earth image

Holly Creek features 2-bedroom townhomes, 3-bedroom villas, and 3-bedroom chalet homes with a single-car garage and additional parking. A limited number of estate homes in the rear of Holly Creek have 2-car garages, larger floor plans, and individual designs.

Holly Creek in Jensen Beach FL

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Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

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Holly Creek Real Estate Market Report February 2024

Florida Single Family Homes January 2024 Market Report

02.22.24 by

Florida Single Family Homes January 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 0.6% (were down by 3.8% in December). New sales under contract (new pending sales) were down by 2.9% (were down by 3.3% in December).

Prices increased for January when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was also up by 3.8% in December). And, the average sales price was up by 9.7% (it was up by 7.2% last month).

The inventory of available homes for sale increased by 24.8% from last year.  This represents a 3.8 months supply of inventory (January 2023 had a 2.8 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 January 2024 Market Report
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Florida Single Family Homes January 2024 Market Report

 

Loblolly Real Estate Market Report February 2024

02.20.24 by

Loblolly Real Estate Market Report February 2024

For February 2024, in the Loblolly golf and marina community of Hobe Sound FL, there are 3 homes for sale. The list prices range from $1,750,000 up to $2,750,000. This is an average list price of $2,263,333 which works out to $541.87 per sq. ft. of living area.

There is 1 Loblolly home under contract at this time. The list price was $1,600,000 or $625.98 per sq. ft. of living area. This home was on the market for 176 days before going under contract.

In the past 12 months, there have been 6 Loblolly Bay home sales. Sales prices ranged from $1,150,000 up to $4,050,000. This works out to an average sales price of $2,651,667 which equals $541.91 per sq. ft. of living area. These homes sold for an average of 94% of the list price. And, they were on the market for an average of 119 days before going under contract.

Click here to view the previous Loblolly market report!

About Loblolly Homes and Condos in Hobe Sound FL:

Loblolly Bay real estate in Hobe Sound FL

Loblolly in Hobe Sound is a private community and club with a deep water ocean access marina and a professionally Dye-designed golf course.   In addition to the golf course and the marina, Loblolly offers lovely amenities for its 275 members, including a state-of-the-art tennis facility, fitness center, two heated pools, playgrounds, basketball, and croquet courts as well as a full-service clubhouse.

Loblolly Bay real estate in Hobe Sound FL
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Homes in Loblolly range in price from the mid $500,000’s up to multi-million dollar estates.  In addition, condominiums, villas, and cottages are available along with a limited number of vacant lots.

Loblolly HOA fees run from $411.00 per month (as of June 2020) with additional charges for the Golf Course membership and equity.  For the Loblolly condos, there are additional condo fees of $1,335.00 a month.

Loblolly Homes and Condos in Hobe Sound Florida
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Loblolly Real Estate Market Report February 2024

Windstone Real Estate Market Report February 2024

02.19.24 by

Windstone Real Estate Market Report February 2024

As of February 2024, there are 2 homes for sale in the Windstone community of Palm City, FL.  The list prices are $1,498,000 and $1,555,555. This equals an average list price of $1,526,778 or $319.23 per sq. ft. of living area.

There is 1 Windstone home under contract at this time. The list price was $1,800,000 which is $451.35 per sq. ft. of living space This home was on the market for 10 days before going under contract.

In the past 12 months, 5 Windstone homes have sold.  Sales prices ranged from $865,000 up to $1,725,000. This is an average sales price of $1,148,500 which equals $355.56 per sq. ft. of living area.  These homes averaged 36 days on the market before going under contract. And, they sold for an average of 95% of the list price.

Click here to view the previous Windstone market report!

About Windstone in Palm City FL:

Windstone real estate in Palm City FL
Google Earth Image

Formerly known as Rivers End and now re-named Windstone. Featuring spacious waterfront homes, Windstone August 2019 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Windstone real estate in Palm City FL
Google Earth Image

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone August 2019 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone August 2019 Market Report is within close range to “A” rated school, I-95, and Florida’s Turnpike making this a great place for locals or commuters to call home!

Windstone February 2020 Market Report

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Windstone Real Estate Market Report February 2024

Lakeside Condos Real Estate Market Report February 2024

02.18.24 by

Lakeside Condos Real Estate Market Report February 2024

For February 2024, there is 1 condo for sale in the Lakeside Condos community of Indian River Plantation on Hutchinson Island. The list price is $377,000 or $632.55 per sq. ft. of living area.

There are no Lakeside condos currently under contract.

In the past 12 months, 2 Lakeside Condos have sold.  Sales prices were $275,000 and $315,000.  This works out to an average sales price of $295,000 which is $494.97 per sq. ft. of living area.  These condos sold for an average of 96% of the list price. And, they averaged 44 days on the market before going under contract.

Click here to view the previous Lakeside market report!

About the Lakeside Condos:

Lakeside Condos in Indian River Plantation
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Perfect location for those looking to live in a resort setting near the beaches of the Atlantic Ocean. Nearby amenities include a full-service Marina, golf course, restaurants, and fitness facilities.

Lakeside Condos in Indian River Plantation on Hutchinson Island Florida
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These Lakeside Condos are condos located just off the golf course. The Atlantic Ocean surrounds it to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built during 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedrooms, 3 bath units with 1323 sq. ft. of living area.  This is a pet-friendly complex that will allow up to two large pets.  At the time of this writing, the condo association fees were $375.00 a month.

The Lakeside Condos are in an excellent location, just a short walk to the beach. There’s a courtesy tram available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart, and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation
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Search here for Lakeside Condos in Indian River Plantation on Hutchinson Island in Stuart FL

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

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.

Lakeside Condos Real Estate Market Report February 2024

Mariner Cay Real Estate Market Report February 2024

02.16.24 by

Mariner Cay Real Estate Market Report February 2024

There is 1 home and 6 condos on the market in Mariner Cay in Stuart FL for February 2024.

The condos have list prices that range from $385,000 up to $533,000. This equals an average list price of $447,067 which is $313.83 per sq. ft. of living space.

The home is listed for $2,380,000 or $943.70 per sq. ft. of living area.

No Mariner Cay homes and 3 Mariner Cay condos are currently under contract.

These condos had list prices ranging from $475,000 up to $495,000. This is an average list price of $481,667 which equals $327.31 per sq. ft. of living area.  These condos were on the market for an average of 21 days before going under contract

In the past 12 months, 5 Mariner Cay condos and 3 Mariner Cay single-family homes have sold.

The condo sales prices ranged from $377,000 up to $462,500.  This equals an average sales price of $430,300 which works out to $305.54 per sq. ft. of living space.  These condos averaged 35 days on the market before going under contract. And, sold for an average of 96% of the list price.

The single-family homes had sales prices ranging from $658,000 to $1,400,000. This is an average sales price of $1,136,000 which is $400.91 per sq. ft. of living area.  These homes were on the market for an average of 222 days before going under contract. And, they sold for an average of 92% of the list price.

Click here to view the previous Mariner Cay market report!

About Mariner Cay Homes and Condos:

Mariner Cay in Stuart Florida
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Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year-round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment, and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing.

Mariner Cay in Stuart Florida

Martin County is home to a long list of fishing tournaments, boating activities, and other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance from St. Lucie Inlet and the crossroads of the Southeast Florida waterways. The marina allows you to take advantage of the 60-mile span between its location and Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to detail seen throughout the Mariner Cay real estate properties.

The Mariner Cay Marina offers the following benefits:
  • 90% of Mariner Cay slips are available to the public
  • 51 slips that accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly, and daily (transient) slips are available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers, and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to the marina
  • Gated 7/24 security with roving night-time guards
  • ATMs, banks, and grocery shopping close by
  • At least five restaurants within an easy dinghy ride
  • Boat works, one do-it-yourself, available on Manatee pocket
  • Free High-Speed Internet and 24/7 Wi-Fi.
Mariner Cay in Stuart Florida
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With a marina like this, it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the property’s benefits. Mariner Cay real estate offers amenities like:  

  • a community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more
Mariner Cay real estate Stuart FL

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

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Mariner Cay Real Estate Market Report February 2024

Mariner Sands Real Estate Market Report February 2024

02.14.24 by

Mariner Sands Real Estate Market Report February 2024

For February 2024, there are 12 homes for sale in the Mariner Sands community of Stuart FL, and adjacent to Hobe Sound FL. The list prices range from $230,000 up to $1,295,000. This is an average list price of $777,167 or $281.05 per sq. ft. of living area.

There are 4 Mariner Sands homes under contract at this time. The list prices ranged from $240,000 up to $1,800,000. This works out to an average list price of $831,750 which equals $284.64 per sq. ft. of living area. These homes were on the market for an average of 11 days before going under contract.

In the past 12 months, 33 Mariner Sands homes have sold.  Sales prices ranged from $250,000 up to $1,580,000.  This equals an average sales price of $752,742 which is $266.91 per sq. ft. of living area.  These homes averaged 55 days on the market before going under contract. And, they sold for an average of 94% of the list price.

Click here to view the previous Mariner Sands market report!

About the Mariner Sands Golf & Country Club:

Mariner Sands
Image courtesy of Google Earth

One of our premier golf course communities is located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Mariner Sands in Stuart Florida
Google Earth image

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and a pro shop.  Yearly clinics, as well as tournaments, keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

There’s also The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups, and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

More Mariner Sands info:

For pet lovers, Mariner Sands boasts its own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has its own chapel. It has multi-denominational worship services and is host to art classes, a library, and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Mariner Sands in Stuart Florida
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Monthly HOA fees vary greatly depending on the home’s location and type of ownership (condos).  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  There’s a one-time non-refundable capital contribution of $20,000 for anyone purchasing a Mariner Sands residence.

entrance to Mariner Sands Golf Club

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

Mariner Sands Real Estate Market Report February 2024

Mariner Village Real Estate Market Report February 2024

02.12.24 by

Mariner Village Real Estate Market Report February 2024

For February 2024, the Mariner Village real estate market report shows 4 homes for sale in this south Stuart FL gated community. The list prices range from $500,000 up to $595,500. This is an average list price of $558,600 or $316.99 per sq. ft. of living area.

There is 1 Mariner Village home under contract at this time. The list price was $560,000 which is $309.91 per sq. ft. of living space. This home was on the market for 90 days before going under contract.

In the past 12 months, 23 Mariner Village homes have sold.  Sales prices ranged from a low of $450,000 to a high of $619,900.  This works out to an average sales price of $514,443 which equals $264.02 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price. And, they averaged 57 days on the market before going under contract.

Click here to view the previous Mariner Village market report!

About Mariner Village:

Mariner Village in Stuart Florida
Google Earth image

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2-bedroom, 2-bath homes with around 1,600 sq. ft. of living area up to 5-bedroom, 4-bathroom homes with just under 3,000 sq. ft. of living area.

Mariner Village in Stuart Florida
Google Earth image

Many homes have private preserve views and there are some homes with lake views.  All Mariner Village homes have 2-car garages and some have private in-ground swimming pools.

Community amenities include a heated pool, 2 tennis courts, and 2 basketball courts as well as a nature trail through the preserves.

Low monthly HOA fees include front lawn maintenance, basic Cable TV, trash pickup, and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

Mariner Village in Stuart Florida
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Mariner Village is conveniently located close to shopping, restaurants, beaches, and medical facilities and belongs to Martin County’s ‘A’ rated school system

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Mariner Village Real Estate Market Report February 2024

Indian Pines Real Estate Market Report February 2024

02.11.24 by

Indian Pines Real Estate Market Report February 2024

For February 2024, 4 condos are available for purchase in Indian Pines in Stuart FL. The list prices range from $229,900 up to $325,000. This is an average list price of $261,950 which is $217.18 per square foot of living area.

There is 1 Indian Pines condo currently under contract. The list price was $215,000 or $207.93 per square foot of living space. This condo was on the market for 51 days before going under contract.

In the past 12 months, 13 Indian Pines condos have sold.  Sales prices ranged from a low of $155,000 up to a high of $282,000. This is an average sales price of $226,031 which works out to $211.22 per square foot of living area.  These condos averaged 58 days on the market prior to going under contract. And, they sold for an average of 96% of the list price.

Click here to view the previous Indian Pines market report!

About Indian Pines Condos in Stuart FL:

Indian Pines Condos in Stuart FL
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Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex water views.

Indian Pines Condos in Stuart FL
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Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2-bedroom, 2-bathroom condos, though there are a few 3-bedroom and 1-bedroom units as well.  The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

The condo association fees vary as different buildings have different reserve setups and management and cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup, and reserve funds.

Indian Pines Condos in Stuart FL

All ages are welcome.  Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner.  Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, Dr. David L. Anderson Middle School, and Martin County High School.

Indian Pines Condos in Stuart FL

Indian Pines is very conveniently located close to shopping, restaurants, and medical facilities.  Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

Indian Pines Condos in Stuart FL

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Indian Pines Real Estate Market Report February 2024

Inlet Village Real Estate Market Report February 2024

02.09.24 by

Inlet Village Real Estate Market Report February 2024

There are 2 condos for sale in the Inlet Village condo community of Indian River Plantation on Hutchinson Island in Stuart FL for February 2024. The list prices are $379,000 and $598,000. This works out to an average list price of $488,500 or $456.75 per sq. ft. of living area.

There are no Inlet Village condos currently under contract.

In the past 12 months, 5 Inlet Village condos have sold.  Sales prices ranged from $320,000 up to $611,750.  This is an average sales price of $465,850 which equals $424.93 per sq. ft. of living area.  These condos sold for an average of 97% of the list price. And, they were on the market for an average of 35 days before going under contract.

Click here to view the previous Inlet Village market report!

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village Condos on Hutchinson Island in Stuart FL
Google Earth image

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with sweeping views of lakes and the Indian River Plantation golf course.

Inlet Village Condos on Hutchinson Island in Stuart FL
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Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach, there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have an enjoyable lunch.

Inlet Village is one of the few pet-friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees are $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Inlet Village Condos on Hutchinson Island in Stuart FL
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Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

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.

Inlet Village Real Estate Market Report February 2024

Gull Harbor Real Estate Market Report February 2024

02.08.24 by

Gull Harbor Real Estate Market Report February 2024

In the Gull Harbor community of Palm City FL for February 2024, there are no homes for sale.

There are also no Gull Harbor homes currently under contract.

In the past 12 months, there have been 2 Gull Harbor home sales.  The sales prices were $1,100,000 and $1,475,000. This works out to an average sales price of $1,287,500 which equals $528.12 per sq. ft. of living area.  These homes sold for an average of 89% of the list price. And, they were on the market for an average of 113 days before going under contract.

Click here to view the previous Gull Harbor market report!

About Gull Harbor Real Estate in Palm City FL

Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor in Palm City FL
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The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Children attend Bessey Creek Elementary, Hidden Oak Middle, and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor in Palm City FL
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Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL, or Florida’s Turnpike for commuters and with many choices for shopping, entertainment, and other amenities close by.

Gull Harbor real estate in Palm City FL

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

Gull Harbor Real Estate Market Report February 2024

Four Winds on the River Real Estate Market Report February 2024

02.07.24 by

Four Winds on the River Real Estate Market Report February 2024

For February 2024, there are 2 condos currently available for sale in Four Winds on the River in Stuart FL. The list prices are $330,000 and $390,000. This is an average list price of $360,000 which is $301.39 per sq. ft. of living area.

There are no Four Winds condos currently under contract and awaiting sale.

In the past 12 months, 3 Four Winds on the River condo have sold.  The sales prices ranged from $360,000 up to $430,000. This is an average sales price of $383,333 or $282.77 per sq. ft. of living area.  These sales averaged 92% of the last list price. And, they were on the market for an average of 33 days before going under contract.

Click here to view the previous Four Winds on the River market report!

About Four Winds on the River in Stuart FL:

Four Winds on the River in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There have been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one-bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River in Stuart FL
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There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with a kitchen and ample common areas for events, get-togethers, or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

The location is exceptional as it is only minutes from the beaches, shopping, medical facilities, and downtown Stuart.

Four Winds on the River in Stuart FL

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Four Winds on the River Real Estate Market Report February 2024

St Lucie County Townhouses and Condos December 2023 Market Report

02.06.24 by

St Lucie County Townhouses and Condos December 2023 Market Report

The St Lucie County Townhouses and Condos market showed slightly weaker sales activity when compared to last year. We continue to face headwinds with economic uncertainties, though at least mortgage rates may have peaked and have begun to decrease. Closed sales were down by 3.1% from last year (were down by 1.4% in November). New pending sales were down by 42.9% (they were up by 68.6% last month).

Prices were up for December. The median price increased by 6.7% from last year (was up by 1.6% in November) and the average sales price increased by 10.3% (was up by 15.1% % in November).

The available townhouses and condos inventory increased by 31 units from last month to 556 residences. This is a 91.1% greater inventory than we had in December 2022. The current inventory supply is 6.4 months, as compared to 3.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues as a balanced 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 December 2023 Market Report
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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 December 2023 Market Report

Anglers Cove Real Estate Market Report February 2024

02.06.24 by

Anglers Cove Real Estate Market Report February 2024

There are no Anglers Cove condos currently available for sale on Hutchinson Island in Stuart FL.

There are no Anglers Cove condos under contract at this time.

In the past 12 months, there was 1 Anglers Cove condo sale. The sales price was $550,000 or $504.59 per sq. ft. of living area. This condo was on the market for 21 days before going under contract. And, it sold for 100% of the list price.

Click here to view the previous Anglers Cove market report!

About Anglers Cove on Hutchinson Island in Stuart FL:

Anglers Cove Condos on Hutchinson Island

Anglers Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings and 64 units surrounding a man-made cove with deep water dockage for the boating enthusiast.

Units include spacious two-bedroom units as well as several larger three-bedroom townhome-style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Anglers Cove Condos on Hutchinson Island
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Most first-floor units offer dockage just steps outside the living area.  Some second-floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full-time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas, docks, boat and trailer parking, and deeded beach access.

Anglers Cove Condos on Hutchinson Island
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Very well located just minutes to downtown Stuart  Shopping, restaurants, and all other services just a short distance away.  An excellent place to call home or to have a Florida getaway for those cold winters up north!

Anglers Cove Condos on Hutchinson Island

Condo association fees include Basic Cable TV, Landscape/Lawn care, On-Site Manager, Reserve Fund, Trash, Water, and Sewer.

Anglers Cove Condos on Hutchinson Island

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Anglers Cove condos for sale

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

the Gabe Sanders real estate team

Stuart Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Anglers Cove Real Estate Market Report February 2024

St Lucie County Single Family Homes December 2023 Market Report

02.05.24 by

St Lucie County Single Family Homes December 2023 Market Report

The December 2023 St Lucie County Single Family real estate market showed weaker 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 down by 9.6% for the month compared to last year (in November they were down by 0.3%). New sales under contract (new pending sales) decreased by 24.8% (they were down by 7.7% last month).

Prices were slightly higher for December when compared to last year.  The median sales price was up by 2.1% (was up by 2.8% in November).  The average sales price was up by 6.1% (it was up by 7.1% in November).

The number of available homes for sale increased by 41 homes to 1,719 units.  This inventory is 1.6% greater than last year.  The current supply of homes is 3.6 months (it was 3.1 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 month 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 December 2023 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 December 2023 Market Report

Martin County Townhouses and Condos December 2023 Market Report

02.04.24 by

Martin County Townhouses and Condos December 2023 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 17.4%.  They were down by 21.4% in November.  New sales under contract (new pending sales) were up by 7.4% from last year.  They were up by 21.7% in November.

Prices were up for December.  The median sales price increased by 6.7% (was up by 7.3% last month). And, the average sales price increased by 19.8% (was up by 17.3% in November).

The available townhouses and condos inventory increased by 26 units to 449 properties.  This is a 54.3% greater supply of inventory than we had in December 2022.  Currently, there’s a 5.2 month supply of inventory (compared to 3.2 months for December 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. 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 December 2023 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 December 2023 Market Report

Florida Townhouses and Condos December 2023 Market Report

02.02.24 by

Florida Townhouses and Condos December 2023 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 6.2% compared to last month’s increase of 0.3%.  New sales under contract (new pending sales) decreased by 5.5% (In November, there was a 1.2% decrease).

Prices were up for December compared to last year. The median sales price was up by 6.5% for December (was up by 7.5% in November). And the average sales price increased by 10.4% (was up by 3.9% in November).

The inventory of active listings increased by 52.6% from December last year.  This results in a 5.1 months supply of inventory as compared to 2.8 months for December 2022.  We remain 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 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 December 2023 Market Report
Florida Townhouses and Condos December 2023 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 December 2023 Market Report

Florida Single Family Homes December 2023 Market Report

02.01.24 by

Florida Single Family Homes December 2023 Market Report

The Florida Single Family Home real estate market had slightly weaker 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 down by 3.8% (were up by 4.2% in November). New sales under contract (new pending sales) were down by 3.3% (were down by 1.2% in November).

Prices increased for December when compared to last year.  The (year-to-year) median sales price was up by 3.8% (it was up by 3.3% in November). And, the average sales price was up by 7.2% (it was up by 5.6% last month).

The inventory of available homes for sale increased by 17.8% from last year.  This represents a 3.6 months supply of inventory (December 2022 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 December 2023 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 December 2023 Market Report

 

Harbour Pointe Real Estate Market Report February 2024

02.01.24 by

Harbour Pointe Real Estate Market Report February 2024

For February 2024, there is 1 home for sale in Harbour Pointe in Palm City FL. The list price is $895,000 which is $272.53 per square foot of living area.

There are no Harbour Pointe homes currently under contract.

7 Harbour Pointe homes have sold in the past 12 months. Sales prices ranged from $537,000 up to $720,000.  This is an average sales price of $662,429 which is $298.71 per square foot of living area.  These homes sold for an average of 99% of the list price. And, they averaged 35 days on the market before going under contract.

Click here to view the previous Harbour Pointe market report!

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL
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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 FL

Recent Harbour Pointe sales:

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

Harbour Pointe in Palm City Entrance

Currently Available Homes in Harbour Pointe

Harbour Pointe in Palm City FL home search

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 Real Estate Market Report February 2024