Martin County Townhouses and Condos 2024 3rd Quarter Report

Martin County Townhouses and Condos 2024 3rd Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2024 3rd Quarter Report

For the Martin County townhouses and condos real estate market sales volume was down for the quarter. Prices were mixed for this period while we had continued increasing inventory. Interest rates remain high for the time being but should start going down soon. I expect sales to remain somewhat sluggish for the short term. We are in a slight buyer’s market for now. I suspect that may soon change.

View the entire set of data at GabeSanders.com

Martin County Townhouses and Condos 2024 3rd Quarter Report

Nettles Island Jensen Beach Market Report November 2024

Nettles Island Jensen Beach Market Report November 2024

For November 2024, 35 homes are available to purchase in Nettles Island on Hutchinson Island in Jensen Beach FL.  These homes have list prices from $179,000 up to $1,047,250.  This is an average list price of $436,673 which is $492.79 per sq. ft. of living area.

There are 7 homes under contract at this time.  List prices of these homes ranged from $189,000 up to $509,000. This is an average list price of $350,186 which is $460.87 per sq. ft. of living area. These homes were on the market for an average of 147 days before going under contract.

In the past 12 months, 57 Nettles Island homes have sold.  These homes sold for prices ranging from $169,000 up to $985,000.  This works out to an average sales price of $370,675 which equals $454.29 per sq. ft. of living area.  These homes sold for an average of 93% of the list price. And, in an average of 115 days on the market before going under contract.

Click here to view previous Nettles Island market reports!

About Nettles Island on Hutchinson Island Florida:

Outdoor Resorts real estate at Nettles Island on Hutchinson Island in Jensen beach Florida
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Development of nearly 1300 lots with anything from trailer pads to updated concrete block homes on a mostly man-made island that juts out into the Indian River on Hutchinson Island in Saint Lucie County FL.  However, the official address for Nettles Island is in Jensen Beach.

Outdoor Resorts real estate at Nettles Island on Hutchinson Island in Jensen beach Florida
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Originally developed as a vacation resort by Outdoor Resorts of America, Nettle Island is now home to many year-round residents and has access to an extensive beach resort with pools and many recreational activities. 

Living on Nettles Island is like being on a permanent vacation.  Enjoy many planned community activities, your own local snack bar/restaurant, and access to canals, a boat ramp, and boat docks.

Low HOA fees include Cable, Common Areas, Lawn Care, Management Fees, Manager, Pool Service, Recreational Facility, Reserve Funds, Security, Sewer, Trash Removal, and Water.

Outdoor Resorts real estate at Nettles Island on Hutchinson Island in Jensen beach Florida

Search Nettles Island Homes For Sale

Nettles Island homes for sale

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Nettles Island lots 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.

Nettles Island Jensen Beach Market Report November 2024

Martin County Single Family Homes 2024 3rd Quarter Report

Martin County Single Family Homes 2024 3rd Quarter Report

Click the image below to view the full details of the Martin County Single Family Homes quarterly data reported by Martin County Realtors.

Martin County Single Family Homes 2024 3rd Quarter Report

The Martin County single-family home real estate market continued to show weaker sales activity when compared to last year. Prices were down for the quarter while the inventory continued to rise. Interest rates remain high, though they will soon start to come down. I expect sales to remain sluggish for the short term, though we remain in a seller’s market for Martin County single-family home sales.

View the entire set of data at GabeSanders.com

Martin County Single Family Homes 2024 3rd Quarter Report

Hidden River Real Estate Market Report October 2024

Hidden River Real Estate Market Report October 2024

There are 2 active listings in the Hidden River community of Palm City for October 2024.  These homes are listed for $1,400,000 and $1,450,000. This is an average list price of $1,425,000 which is $474.26 per sq. ft. of living space.

There are no Hidden River homes under contract at this time.

In the past 12 months, 3 Hidden River homes have sold.  The sales prices ranged from $1,100,000 up to $1,350,000. This is an average sales price of $1,251,667 which is $544.98 per sq. ft. of living area.  These sales prices averaged 93% of the list price. And, they went under contract in an average of 120 days after being listed.

Click here to view previous Hidden River market reports!

About the Hidden River Area of Palm City FL:

Hidden River real estate in Palm City Florida
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This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good-sized boats.

Hidden River real estate in Palm City Florida
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This is a non-deed-restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River in Palm City Florida
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Children attend Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High Schools.

Here are some of the benefits of living in Hidden River:

  • Quiet and peaceful community
  • Close to I-95
  • Close to shopping and dining options
  • No HOA fees
  • Open to all ages and pets
  • Plenty of opportunities for fishing, boating, and swimming in the nearby rivers and canals

If you are interested in learning more about Hidden River, please contact the Gabe Sanders real estate team.

Search here for any Hidden River homes for sale

Hidden River real estate in Palm City 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.

Hidden River Real Estate Market Report October 2024

Florida Townhouses and Condos 2024 3rd Quarter Report

Florida Townhouses and Condos 2024 3rd Quarter Report

Click the image below to view the 2024 3rd Quarter Report as reported by Florida Realtors.

For the 3rd quarter of 2024, the Florida townhouse and condo real estate market continued to show weaker sales activity. Prices were mixed and inventory rose for this quarter. Interest rates remain high. So, I expect sales to stay sluggish at least until mortgage rates come down a bit. We have now entered into a buyer’s market for this segment of the Florida real estate market.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2024 3rd Quarter Report

Florida Single Family Homes 2024 3rd Quarter Report

Florida Single Family Homes 2024 3rd Quarter Report

Click the image below to view the full details of the 2024 3rd quarter single-family home market report as reported by Florida Realtors.

For the 3rd quarter of 2024, Florida single-family homes continued the trend of reduced sales volume. Prices remained stable while inventory rose for this quarter. Interest rates remain high. So, I expect sales to stay somewhat sluggish. Though we have become a seller’s market once again. I suspect that we will soon be in a buyer’s market.

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2024 3rd Quarter Report

St Lucie County Townhouses and Condos September 2024 Market Report

St Lucie County Townhouses and Condos September 2024 Market Report

The St Lucie County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 14.9% from last year (they were down by 29.5% in August). New pending sales were down by 5.4% (they were down by 35.2% last month).

Prices were up for September. The median price increased by 1.4% from last year (was up by 1.6% in August) and the average sales price increased by 18.3% (was up by 9.9% in August).

The available townhouses and condos inventory increased by 6 units from last month to 673 residences. This is a 66.2% greater inventory than we had in September 2023. The current inventory supply is 8.2 months, as compared to 4.8 months of inventory last year.  The St Lucie County townhouses and condos real estate market is in a solid buyer’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 September 2024 Market 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 September 2024 Market Report

Pierpoint Real Estate Market Report October 2024

Pierpoint Real Estate Market Report October 2024

There are 5 condos for sale in Pierpoint in Stuart FL for October 2024. The list prices range from $175,000 up to $264,900. This is an average list price of $215,560 which is $171.41 per sq. ft. of living space.

There are 2 Pierpoint condos currently under contract. The list prices were $189,900 and $359,000. This works out to an average list price of $274,450 or $211.12 per sq. ft. of living area. These condos were on the market for an average of 22 days before going under contract.

In the past 12 months, 7 Pierpoint condos have sold.  Sale prices ranged from $163,000 up to $340,000. This is an average sales price of $237,786 which equals $186.17 per sq. ft. of living space.  These condos went under contract in an average of 65 days after being listed. And, they sold for an average of 94% of the last list price.

Click here for the previous Pierpoint market report!

About the Pierpoint Condos in Stuart FL:

Pierpoint Condo real estate in Stuart FL

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse, and deepwater docks with ocean access.

Pierpoint Condo real estate in Stuart FL
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Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. An extremely well-maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, a reading library, and shuffleboard courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

Condo fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

Pierpoint Condos in Stuart FL

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

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.

Pierpoint Real Estate Market Report October 2024

St Lucie County Single Family Homes September 2024 Market Report

St Lucie County Single Family Homes September 2024 Market Report

The September 2024 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 11.4% for the month compared to the previous year (in August they were up by 6.5%). New sales under contract (new pending sales) decreased by 7.3% (down by 3.5% last month).

Prices rose in September when compared to last year.  The median sales price was up by 2.0% (it was up by 2.5% in August).  The average sales price was up by 2.1% (it was up by 2.0% in August).

The number of available homes for sale increased by 51 homes to 2,235.  This inventory is 58.7% greater than last year.  The current supply of homes is 4.9 months (it was 3.0 months for 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 September 2024 Market 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 September 2024 Market Report

Canopy Creek Real Estate Market Report October 2024

Canopy Creek Real Estate Market Report October 2024

For October 2024, 12 homes are available for sale in Canopy Creek in Palm City. The list prices range from $1,295,000 up to $1,749,990. This is an average list price of $1,520,120 or $409.70 per sq. ft. of living area.

2 Canopy Creek homes are currently under contract. The list prices were $1,499,990 and $1,725,990. This works out to an average list price of $1,612,990 which is $391.81 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, 14 Canopy Creek homes have sold.  Sales prices ranged from $1,225,000 up to $1,716,930.  This equals an average sales price of $1,500,388 which works out to $376.31 per sq. ft. of living area.  These homes averaged 87 days on the market before going under contract. And, the average sales price was 96% of the last list price.

Click here to view the last Canopy Creek Market report!

About Canopy Creek in Palm City FL:

Canopy Creek real estate in Palm City Florida
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Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy.  With just 300 homes on 700 acres of preserves and wetlands, this community affords luxury living without the crowds of urban areas.  Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek real estate in Palm City Florida

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida, and one of the finest public school systems in Florida. Canopy Creek is your best choice for new Palm City, Florida homes.

Canopy Creek real estate in Palm City Florida
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New homes range in size from just over 3,000 sq. ft. of living area up to 4,100 sq. ft. Clients of the Gabe Sanders Realty Team may qualify for some special promotional discounts.  Please call us for details.

Search here for all Canopy Creek 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.

Canopy Creek Real Estate Market Report October 2024

Martin County Townhouses and Condos September 2024 Market Report

Martin County Townhouses and Condos September 2024 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were down by 18.3%.  They were down by 29.8% in August.  New sales under contract (new pending sales) were up 8.7% from last year.  They were down by 19.0% in August.

Prices rose in September.  The median sales price increased by 5.3% (was down by 0.3% last month). And, the average sales price increased by 19.7% (was down by 10.2% in August).

The available townhouses and condos inventory increased by 13 units to 552 properties.  This is a 64.8% greater supply of inventory than we had in September 2023.  Currently, there’s a 6.9-month supply of inventory (compared to 3.8 months for September 2023).  We remain in a balanced market (Though the trajectory appears to be heading for a buyer’s 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 September 2024 Market 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 September 2024 Market Report

The Estates at Stuart Real Estate Market Report October 2024

The Estates at Stuart Real Estate Market Report October 2024

For October 2024, 2 condos are available to purchase in the Estates at Stuart. The list prices are $259,000 and $297,500. This equals an average list price of $278,250 which is $255.28 per sq. ft. of living space. 

There are also no Estates at Stuart condos currently under contract.

In the past 12 months, 4 Estates at Stuart condos have sold.  Sales prices ranged from $203,500 up to $340,000. This works out to an average sales price of $273,375 or $257.19 per sq. ft. of living area.  These condos averaged 51 days on the market before going under contract. And, they sold for an average of 96% of the list price.

View the previous Estates at Stuart market report!

About The Estates at Stuart Condos:

The Estates at Stuart condos
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The Estates at Stuart is a newer condo community with 123 units that was originally built as an apartment complex and then converted to condos beginning in 2005.  After the slowdown in the real estate market, a large number of these units were taken back by the developer and continue to be in the in-house rental program.  Currently, with only a very limited number of these condos available for private ownership, there is quite a demand for this community. This demand is based on the first-class amenities in this gated community

The amenities include a fully-equipped fitness center, children’s playground, a large resort-style pool with a covered lanai, sand volleyball court, tennis court, recreation, and billiards lounge, and beautiful landscaping. This is a gated community and only minutes from the historic downtown area of Stuart. Importantly for some, it is only about 10 minutes to I-95 for those needing to commute either north or south.

This community is within easy reach of shopping, restaurants, and medical facilities all of which make for a very much sought-after community.

Estates at Stuart

Condos in the Estates at Stuart range from 1 bedroom 1 bathroom units up to 3 bedrooms 2 baths. Living area sizes vary from just under 800 sq. ft. to over 1,500 sq. ft.  Additionally, some units come with either attached or detached 1-car garages. This is a dog- and cat-friendly community allowing for up to one medium-sized pet.  The condo association fees vary by the size of the unit and whether a garage is included or not.

The Estates at Stuart in Stuart Florida
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Click here to see if any Estates at Stuart Condos are available for sale

The Estates of Stuart real estate is presented by Gabe Sanders, Stuart FL real estate

or search for all homes here

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.

The Estates at Stuart Real Estate Market Report October 2024

Coral Point Real Estate Market Report October 2024

Coral Point Real Estate Market Report October 2024

No homes are currently on the market in the Coral Point community of Rocky Point in Stuart FL.

There are also no Coral Point homes currently under contract.

In the past 12 months, 2 Coral Point homes have sold. The sales prices were $845,000 and $889,901. This equals an average sales price of $867,451 which is $390.44 per sq. ft. of living area. These homes 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 Coral Point market report!

About Coral Point in Rocky Point:

Coral Point in Rocky Point in Stuart Florida
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Coral Point is a small community of only 20 homes located in Rocky Point just off the Manatee Pocket in Stuart FL.  This community had its first home built in 1986 and was mostly finished by 1993, though there have been a few homes with some extensive remodeling that could be considered brand new.

There are a number of wide waterfront homes in Coral Point with quick access to the Atlantic Ocean as this community lies only a mile or two from the inlet.  For those, not on the water there’s a community day dock and fishing pier with excellent fishing for snook or so the residents inform me.

Coral Point in Rocky Point in Stuart Florida
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This is an ungated community and there is a community tennis court.  As of this writing (October 2019), the HOA fees are under $500 per year.  This fee may vary slightly as the needs for community maintenance change.

Home sizes range from a 3 bedroom, 2 bath home with under 2,000 sq. ft. of living area up to a 4 bedroom, 4 bathroom home with over 5,000 sq. ft. of living area.  This is a beautiful secluded little community for those wishing to enjoy our Florida lifestyle

Coral Point in Rocky Point in Stuart Florida
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Children of Coral Point will attend the Port Salerno Elementary School, Murray Middle, and the South Fork High School.

Click here to see any currently available Coral Point Homes for Sale

Search here for all Coral Point homes for sale

Coral Point Real Estate is presented by Gabe Sanders, Stuart FL real estate

or search for all homes here

Coral Point Real Estate Market Report October 2024

Florida Townhouses and Condos September 2024 Market Report

Florida Townhouses and Condos September 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 20.7% compared to last month’s decrease of 14.9%.  New sales under contract (new pending sales) decreased by 16.3% (In August, there was a 19.0% decrease).

Prices were mixed for September compared to last year. The median sales price was down by 3.4% for September (down by 4.3% in August). And the average sales price increased by 1.8% (was up by 3.7% in August).

The inventory of active listings increased by 65.3% from September last year.  This results in a 7.4-month supply of inventory as compared to a 4.1-month supply for September 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  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.

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 September 2024 Market Report

Atlantis Real Estate Market Report October 2024

Atlantis Real Estate Market Report October 2024

In October 2024, there are 7 condos available for purchase in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL. The list prices range from $378,000 up to $607,000. This is an average list price of $494,129 which is $427.20 per sq. ft. of living area.

No Atlantis condos are currently under contract.

In the past 12 months, 9 Atlantis condos have sold.  Sales prices ranged from a low of $320,000 up to a high of $560,000.  This is an average sales price of $442,211 or $396.33 per sq. ft. of living area.  These condos were on the market for an average of 69 days before going under contract. And, they sold for an average of 96% of the list price.

Click here to view the previous Atlantis condo market report!

About Atlantis Condos:

Atlantis Condo real estate on Hutchinson Island in Jensen Beach

These Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consist of three buildings.  Atlantis ‘A’, Atlantis ‘B’, and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2-bedroom 2-bathroom condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap-around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

These three buildings have two pools in between them. They all offer direct ocean access from the rear of all buildings.  There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condo real estate on Hutchinson Island in Jensen Beach
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The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants, and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen Beach

For more info about Hutchinson Island condos, call Gabe Sanders at 772-888-2885

Search for Atlantis Condos on Hutchinson Island for Sale

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

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.

Atlantis Real Estate Market Report October 2024

Florida Single Family Homes September 2024 Market Report

Florida Single Family Homes September 2024 Market Report

The Florida Single Family Home real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales were down by 12.3% (were down by 1.1% in August). New sales under contract (new pending sales) were down by 1.9% (were down by 4.2% in August).

Prices were mixed for September when compared to last year.  The (year-to-year) median sales price was up by 0.2% (down by 0.8% in August). And, the average sales price was down by 0.6% (down by 1.9% last month).

The inventory of available homes for sale increased by 39.6% from last year.  This represents a 4.6-month supply of inventory (September 2023 had a 3.2-month supply). Florida remains in a seller’s market with the advantage to sellers. A balanced market favoring neither buyers nor sellers is considered 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 September 2024 Market 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 September 2024 Market Report

 

The Falls of Jensen Beach October 2024 Market Report

The Falls of Jensen Beach October 2024 Market Report

For October 2024, there is only 1 home available for sale in the Falls of Jensen Beach.  The list price is $1,179,500 or $298.53 per sq. ft. of living area.

1 Falls of Jensen Beach home is currently under contract. It was listed for $869,000 which is $335.65 per sq. ft. of living space. This home was on the market for 3 days before going under contract.

In the past 12 months, 3 Falls of Jensen Beach homes have sold.  Sales prices ranged from $820,000 up to $1,010,000.  This is an average sales price of $935,000 which equals $296.96 per sq. ft. of living area.  These homes averaged 87 days on the market before going under contract. And, they sold for an average of 96% of the last list price.

Click here to view previous market reports from the Falls of Jensen Beach.

About the Falls in Jensen Beach FL:

The Falls of Jensen Beach
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A newer Kolter community is located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls of Jensen Beach in Jensen Beach Florida
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The Falls is in a wonderful location close to shopping, restaurants as well as professional services, and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County’s A-rated schools.  Currently, these are the Jensen Beach Elementary school, Stuart Middle school, and the Jensen Beach High school.

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing, there are only two new homes available from the builder, but resale homes have been coming on the market at a fairly steady rate.

The Falls of Jensen Beach in Jensen Beach Florida
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Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3-car garages.  Homes range from single-story ranch-style designs to two-story homes and many have private pools.

The Falls of Jensen Beach real estate

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection. Most of these homes also feature an updated kitchen with granite countertops.

The HOA fee includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Here are the currently available homes in the Falls of Jensen Beach

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.

The Falls of Jensen Beach October 2024 Market Report

Island Village Real Estate Market Report October 2024

Island Village Real Estate Market Report October 2024

2 townhomes are for sale in the Island Village community of Hutchinson Island in October 2024. The list prices are $289,500 and $299,000. This is an average list price of $294,250 or $231.69 per sq. ft. of living area.

No Island Village townhomes are currently under contract.

6 Island Village townhomes have sold in the past 12 months.  Sales prices ranged from a low of $260,000 up to $329,000.  This works out to an average sales price of $302,333 which equals $234.31 per sq. ft. of living space.  These homes averaged 78 days on the market before going under contract. And, they sold for an average of 96% of the last list price.

Click here to view the previous Island Village market report!

About Island Village on Hutchinson Island FL:

Island Village real estate on Hutchinson Island in Jensen Beach Florida
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Island Village in Jensen Beach on Hutchinson Island is a townhouse community developed between 1981 and 1983. It is located on a huge preserve area on the west side of Highway A-1-A  with deeded ocean access just across the street. Island Village was created in two different phases, with phase I offering 28 quad-style townhouses with 2 bedrooms, 2 and ½ baths, and 1,328 sq. ft. of living area.  While phase II consists of 96 units of 1,270 sq. ft. with 2 bedrooms and 1 and ½ baths, in buildings with various sized units.

The HOA fees include Cable, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Maintenance Interior, Manager, Recreational Facility, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water. Please see the individual listing details for the current rates.

Island Village real estate on Hutchinson Island in Jensen Beach Florida

This community is pet-friendly and allows up to two small pets per unit.  Rentals are also permitted with a minimum duration restriction.

Island Village on Hutchinson Island in Jensen Beach Florida

Amenities include a heated pool, two tennis courts, and common areas as well as a deeded beach access area.

Click here for the currently available Island Village Townhouses 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.

Island Village Real Estate Market Report October 2024

Joes Point Real Estate Market Report October 2024

Joes Point Real Estate Market Report October 2024

As of October 2024, no homes are listed for sale in the Joes Point community of Hutchinson Island.

1 Joes Point home is currently under contract. The list price was $3,500,000 which is $1,166.67 per sq. ft. of living area.

In the past 12 months, 2 Joes Point homes have sold. The sales prices were $2,100,000 and $2,630,000. This is an average sales price of $2,365,000 which equals $610.40 per sq. ft. of living space. These homes averaged 140 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 Joes Point market report!

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson Island
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One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula that juts to the northwest into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boater’s paradise.  Abundant fishing is just off the dock or just go a few minutes further for some deep-sea fishing and adventure.

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of October 2019 were under $300 per month and include central water and sewer service.

Joes Point real estate on Hutchinson Island
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Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA-owned beach area.

Joes Point on Hutchinson Island

Search here for any available Joes Point Homes for Sale

Search for Joes Point real estate on Hutchinson Island

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.

Joes Point Real Estate Market Report October 2024

The Princess Real Estate Market Report October 2024

The Princess Real Estate Market Report October 2024

As of October 2024, 3 condos are available for sale in the Princess of Hutchinson Island.  The list prices range from $615,000 up to $825,000. This equals an average list price of $713,333 or $512.17 per sq. ft. of living area.

There are no Princess condos currently under contract.

In the past 12 months, 7 Princess condos have sold. Sales prices ranged from $420,000 up to $825,000.  This is an average sales price of $594,286 which works out to $408.30 per sq. ft. of living area.  These condos were on the market for an average of 98 days before going under contract. And, sold for an average of 96% of the last list price.

Click here to view the previous Princess of Hutchinson Island market report!

About the Princess of Hutchinson Island Condos:

The Princess of Hutchinson Island real estate in Jensen Beach Florida
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The Princess of Hutchinson Island is one of the more elegant high-rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles north of the Jensen Beach Causeway this 20-story condominium has both 3-bedroom, 2-bathroom condos and 2-bedroom, 2-bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island real estate in Jensen Beach Florida
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The Princess was built in 1984 and has a heated pool, a Jacuzzi, a common area with a game room, a kitchen, and a bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

The maintenance fee includes the use of all facilities, exterior maintenance, and insurance.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought-after building.

The Princess of Hutchinson Island real estate in Jensen Beach Florida
The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

The Princess condos on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasRegencySand Dollar ShoresSea WindsVilla del Sol

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.

The Princess Real Estate Market Report October 2024