The Princess Real Estate Market Report April 2023

04.08.23 by

The Princess Real Estate Market Report April 2023

As of April 2023, there are 5 condos available for sale in the Princess of Hutchinson Island.  The list prices range from $550,000 up to $839,000. This is an average list price of $693,580 or $460.82 per sq. ft. of living area.

There is 1 Princess condo currently under contract.  The list price was $600,000 which equals $496.28 per sq. ft. of living area.  This condo was on the market for 140 days prior to going under contract.

In the past 12 months, 14 Princess condos have sold. Sales prices ranged from $450,000 up to $700,000.  This is an average sales price of $527,643 which works out to an average of $418.59 per sq. ft. of living area.  These condos were on the market for an average of 49 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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Condos for sale in the Princess:

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, Jacuzzi, a common area with a game room, kitchen and bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

Recent sales in the Princess:

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:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – 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.

The Princess Real Estate Market Report April 2023

Whitemarsh Reserve Real Estate Market Report April 2023

04.07.23 by

Whitemarsh Reserve Real Estate Market Report April 2023

For April 2023, there are 2 homes available for sale in Whitemarsh Reserve in Stuart FL. The list prices are $347,900 and $439,000. This is an average list price of $393,450 or $241.04 per sq. ft. of living area. 

There is 1 Whitemarsh Reserve townhome currently under contract. The list price was $429,000 which equals $192.72 per sq. ft. of living area. This home was on the market for 12 days before going under contract.

In the past 12 months, 9 Whitemarsh Reserve homes have sold.    Sales prices ranged from $350,000 up to $435,000.  This works out to an average sales price of $404,989 which is $209.31 per sq. ft. of living area.  These homes averaged 23 days on market prior to going under contract. And, they sold for an average of 101% of the list price.

Click here to view the previous Whitemarsh Reserve market report!

About Whitemarsh Reserve:

Whitemarsh Reserve real estate in Stuart Florida
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Whitemarsh Reserve homes for sale:

This gated community of new townhomes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort-style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve real estate in Stuart Florida

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  The largest ones are 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones have only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Recent Whitemarsh Reserve sales:

This is a pet-friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup, and the manager.

Whitemarsh Reserve in Stuart FL
Whitemarsh Reserve in Stuart FL
Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West Palm Beach and about 2 hours to Orlando and its attractions. The surrounding city of Stuart is a great place to live in with its ‘A-rated schools, a variety of great restaurants, shopping, gorgeous beaches, and recreational activities.

Whitemarsh Reserve in Stuart FL
Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate 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.

Whitemarsh Reserve Real Estate Market Report April 2023

Island Village Real Estate Market Report April 2023

04.06.23 by

Island Village Real Estate Market Report April 2023

There is 1 townhome for sale in the Island Village community of Hutchinson Island in April 2023. The list price is $315,000 or $248.03 per sq. ft. of living area.

There are no Island Village townhomes currently under contract.

3 Island Village townhomes have sold in the past 12 months.  Sales prices ranged from a low of $285,000 up to $310,000.  This works out to an average sales price of $295,000 which equals $225.46 per sq. ft. of living area.  These homes averaged 38 days on the market prior to 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 homes for sale:

Island Village in Jensen Beach on Hutchinson Island is a townhouse community that was developed between 1981 and 1983.  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 that offer 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.

Recent Island Village sales:

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
Island Village Townhouses on Hutchinson Island
Island Village Townhouses on Hutchinson Island

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 April 2023

Indian River Point Real Estate Market Report April 2023

04.04.23 by

Indian River Point Real Estate Market Report April 2023

For April 2023, there are no homes for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.

There are also no Indian River Point homes currently under contract.

In the past 12 months, 5 Indian River Point homes have sold in this waterfront community.  The sales prices ranged from $435,000 up to $1,020,000.  This works out to an average sales price of $699,200 or $478.86 per sq. ft. of living area.  These homes averaged 12 days on the market before going under contract. And, the sales prices averaged 100% of the list price.

Click here to view the previous Indian River Point market report!

About Indian River Point:

Indian River Point on Hutchinson Island in Jensen Beach Florida
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Indian River Point homes for sale:

Situated on the shores of the wide Intracoastal on the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Indian River Point on Hutchinson Island in Jensen Beach Florida
Indian River Point on Hutchinson Island in Jensen Beach Florida

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two-story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.

Recent Indian River Point sales:

Indian River Point is a wonderful and tight-knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full-time Florida home.

Indian River Point in Jensen Beach

Search for Indian River Point Homes for Sale in Jensen Beach

Indian River Point real estate on Hutchinson Island
Indian River Point in Jensen Beach
Indian River Point in Jensen Beach

Indian River Point Real Estate Market Report April 2023

Montego Cove Real Estate Market Report April 2023

04.03.23 by

Montego Cove Real Estate Market Report April 2023

There are 2 condos for sale in Montego Cove in Stuart FL for April 2023. The list prices are $297,000 and $325,000. This is an average list price of $311,000 which is $206.51 per sq. ft. of living area.

There is 1 Montego Cove condo under contract at this time. The list price was $329,000 or $218.46 per sq. ft. of living area. This condo was on the market for 2 days before going under contract.

In the past 12 months, 12 Montego Cove condos have sold.  Sales prices ranged from $225,000 up to $347,000.  This equals an average sales price of $312,617 which is $203.84 per sq. ft. of living area.  These condos averaged 32 days on market before accepting the final offer. And, they sold for an average of 99% of the list price.

Click here to view the previous Montego Cove market report!

About the Montego Cove Condos in Stuart FL

Montego Cove in Stuart Florida
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Montego Cove condos for sale:

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total of 182 units that are mostly 2 bedrooms, 2 bathroom condos, and a few 3 bedroom ones and one 1 bedroom condos.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove Real Estate
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This community offers ample green spaces along with 2 tennis courts, 2 pools, a shuffleboard, and a clubhouse. This is a 55 and over age-restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Recent Montego Cove sales:

There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove Real Estate
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An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities, as well as professional services, are also only a short distance away.

Montego Cove Condos in Stuart FL

The condo fees include the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos for sale

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.

Montego Cove Real Estate Market Report April 2023

Admiral Real Estate Market Report April 2023

04.02.23 by

Admiral Real Estate Market Report April 2023

For April 2023, there are 4 condos available for sale in the Admiral on Hutchinson Island in Jensen Beach FL. The list prices range from $675,000 up to $795,000. This is an average list price of $729,750 or $519.85 per sq. ft. of living area.

There are no Admiral condos currently under contract.

In the past 12 months, 9 Admiral condos have sold.  Sales prices ranged from $585,000 up to $999,999.  This is an average sales price of $760,655 which equals $490.89 per sq. ft. of living area.  These condos went under contract in an average of 43 days after being listed.  They sold for an average of 98% of the list price.

Click here to view the previous Admiral market report!

About the Admiral Condominium on Hutchinson Island at Island Dunes:

The Admiral on Hutchinson Island in Jensen Beach Florida
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Admiral condos for sale:

The Admiral Condominiums at Island Dunes in Jensen Beach FL is a high-rise building with 104 condos that were built in 1983.  Residents of the Admiral belong to the Island Dunes Country Club.  This offers Amenities that include a challenging nine-hole golf course on the banks of the Indian River; a championship tennis club; a pro shop; a deep-water marina; and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.

Admiral Real Estate Market Report April 2023
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Condos in the Admiral range from 3 bedrooms, 3 bathrooms units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedrooms, 2 bathrooms condos with 1,377 sq. ft.  The condo association fees include the many amenities for this building and the Island Dunes Country Club. This gives owners and their guests’ access to both Golf and Tennis memberships as well as potential access to deep-water ocean access docks. Making for a true resort lifestyle.

Recent Admiral condo sales:

All of the Admiral condos have wonderful ocean views while many also have sweeping views of the Intracoastal (Indian River) as well as the Island Dunes golf course.  And, there’s also private beach access as well as barbecue facilities.

The Admiral on Hutchinson Island in Jensen Beach Florida
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There are wonderful amenities included such as a full first-floor common area with a kitchen and space for parties, a game room, a fitness center, and a sauna.  The Admiral is a pet-free building. Rentals are allowed with restrictions.

Island Dunes

For those wishing to experience truly resort-style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.

Search Links:

Click on this link for the currently available Admiral Condos for Sale

Search for Admiral condo real estate on Hutchinson Island

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

Admiral Real Estate Market Report April 2023

De La Bahia Real Estate Market Report March 2023

03.29.23 by

De La Bahia Real Estate Market Report March 2023

For March 2023, there are 5 condos available for sale in de la Bahia in Stuart FL. The list prices range from $245,000 up to $294,000. This works out to an average list price of $261,360 which equals $330.51 per sq. ft. of living area.

There are 3 de la Bahia condos currently under contract.  The list prices ranged from $179,900 up to $259,900. This is an average list price of $224,933 or $307.55 per sq. ft. of living area.  These condos were on the market for an average of 31 days prior to going under contract.

In the last 12 months, 17 de la Bahia condos have sold.  Sales prices ranged from $190,000 up to $375,000.  The average sales price was $261,663 which works out to $302.69 per sq. ft. of living area.  These condos sold for an average of 96% of the list price. And, they went under contract in an average of 50 days after going on the market.

View the last de la Bahia waterfront condos market report here!

About the de la Bahia Community in Stuart FL:

De la Bahia real estate in Stuart Florida
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De la Bahia condos for sale:

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

Recent De la Bahia condo sales:

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

De la Bahia real estate in Stuart Florida
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This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

De la Bahia real estate in Stuart Florida

The de la Bahia condominium complex is made up of 303 attractive and desirable residences.  231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock.  Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

de la Bahia Waterfront Condos
de la Bahia Waterfront Condos

Additional de la Bahia information:

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

de la Bahia Waterfront Condos

The Yacht Club has monthly meetings with a guest speaker, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials.  In the past few years, the association has sponsored a 3 to 5-day cruise in January. Membership is open to de la Bahia renters and owners only.  Boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

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.

De La Bahia Real Estate Market Report March 2023

Cedar Pointe Real Estate Market Report March 2023

03.28.23 by

Cedar Pointe Real Estate Market Report March 2023

As of March 2023, there are 9 available condos in the Cedar Pointe community in Stuart FL.  List prices range from $154,000 up to $225,000 which averages to $192,278 or $218.52 per sq. ft. of living area.

Currently, 6 Cedar Pointe condos are under contract.  The list prices ranged from $168,000 up to $220,000. This works out to an average list price of $181,125 or $199.03 per sq. ft. of living area.  These condos were on the market for an average of 31 days prior to going under contract.

In the past 12 months, 39 Cedar Pointe condos have sold.  Sales prices ranged from $105,000 up to $225,000. This is an average sales price of $167,275 which equals $188.76 per sq. ft. of living area.  These condos sold for an average of 98% of the list price. And, they averaged 27 days on the market prior to going under contract.

Click here to view the previous Cedar Pointe market report!

About the Cedar Pointe Condominiums in Stuart Florida

Cedar Pointe in Stuart Florida
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Cedar Pointe condos for sale:

An active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart, only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

Cedar Pointe real estate in Stuart Florida
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This 55+ community is the jewel of the Stuart area condominiums because of its location and reasonable condo fees.  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.  There are currently four separate management associations in Cedar Pointe.  Villages 1 through 5, Village 6, Village 7 and Village 8 are each managed separately have their own set of rules and regulations.

Recently sold Cedar Pointe condos:

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building and on each floor.  Many social activities are available to residents as this is an active senior community.

Cedar Pointe real estate in Stuart Florida

Currently a very affordable complex for those looking for a full-time Stuart, Florida home or just a winter getaway.

Cedar Pointe Village 6 Condo

Search for Cedar Pointe Condos 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.

Cedar Pointe Real Estate Market Report March 2023

Four Rivers Real Estate Market Report March 2023

03.27.23 by

Four Rivers Real Estate Market Report March 2023

For March 2023, there is only 1 home available to purchase in the Four Rivers community of Palm City FL. The list price is $3,150,000 or $439.51 per sq. ft. of living area.

There is also 1 Four Rivers home currently under contract. The list price was $2,200,000 which equals $622.17 per sq. ft. of living area. This home was on the market for 76 days before going under contract.

4 Four Rivers homes have sold in the past 12 months.  The sales prices ranged from $1,822,800 up to $2,000,000.  This equals an average sales price of $1,923,200 which is $603.04 per sq. ft. of living area.  These homes averaged 44 days on the market before going under contract. And, the sales prices averaged 101 % of the list price.

Click here to view the previous Four Rivers market report!

About Four Rivers in Palm City FL:

Four Rivers real estate in Palm City FL

Four River homes for sale:

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deepwater canals suitable for larger vessels.   With no fixed bridges (under 60’) to the Saint Lucie Inlet for quick and easy access to the Atlantic Ocean.

Recent Four River home sales:

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family-friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike.  Great location for families and for those wishing to commute to our more crowded neighboring counties.

Four Rivers real estate in Palm City FL
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Canals are maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Low HOA fees are used to fund the occasional dredging to maintain the canal water depth.  Four Rivers is a wonderful place to call home.

Four Rivers in Palm City

Search for all Four Rivers Homes for Sale in Palm City

Four Rivers real estate home search

Search for all Four Rivers Land for Sale in Palm City

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.

Four Rivers Real Estate Market Report March 2023

St Lucie County Townhouses and Condos February 2023 Market Report

03.26.23 by

St Lucie County Townhouses and Condos February 2023 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 45.9% from last year (were down by 42.3% in January). New pending sales were down by 31.4% (they were down by 41.3% last month).

Prices rose for February, though at a moderate rate. Hopefully, price increases will continue to moderate which should lead to an increase in sales. The median price increased by 12.3% from last year (was up by 5.1% in January) and the average sales price decreased by 0.6% (was up by 3.4% in January).

The available townhouses and condos inventory increased by 35 units from last month to 399 residences. This is 183.0% greater inventory than we had in February 2022. The current inventory supply is 4.5 months, as compared to 1.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos February 2023 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 2023 Market Report

Renar River Place Real Estate Market Report March 2023

03.26.23 by

Renar River Place Real Estate Market Report March 2023

For March 2023 there is 1 condo for sale in Renar River Place in downtown Jensen Beach FL.  The list price is $480,000 or $276.82 per sq. ft. of living area.

There is also 1 Renar River Place condo currently under contract. The list price was $475,000 which equals $310.05 per sq. ft. of living area. This condo was on the market for 63 days before going under contract.

In the past 12 months, no Renar River Place condos have sold.

View the previous Renar River Place market report here

About Renar River Place in Downtown Jensen Beach FL:

Renar River Place in Jensen Beach Florida
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Renar River Place condos for sale:

One of the few newer condo communities in Martin County.  Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach roundabout and causeway to Hutchinson Island.  There are also some townhouse-style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Recent Renar River Place sales:

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach.  HOA fees vary by the size of the condo and location, so please call us for the latest cost.  This community is open to all ages and pets are also welcomed.  For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

Renar River Place real estate in Jensen Beach Florida

Search here for Renar River Place Condos for sale

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.

Renar River Place Real Estate Market Report March 2023

St Lucie County Single Family Homes February 2023 Market Report

03.25.23 by

St Lucie County Single Family Homes February 2023 Market Report

The February 2023 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 22.8% for the month compared to last year (in January they were down by 27.0%). New sales under contract (new pending sales) decreased by 9.2% (they were down by 11.9% last month).

Prices rose for February, though at a moderate rate.  The median sales price was up by 5.7% (was up by 4.9% in January).  The average sales price was up by 4.9% (it was up by 4.6% in January).

The number of available home listings decreased by 116 homes to 1,599 units.  This inventory is 161.7% greater than last year.  The current supply of homes is 3.0 months (it was 1.0 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is one with a 6 to 7-month supply of inventory.

St Lucie County Single Family Homes February 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 February 2023 Market Report

Evergreen Real Estate Market Report March 2023

03.25.23 by

Evergreen Real Estate Market Report March 2023

There are 3 homes on the market in the Evergreen Community in Palm City FL for March 2023. The list prices range from $785,000 up to $950,000. This is an average list price of $861,333 which is $281.19 per sq. ft. of living area.

There is 1 Evergreen home currently under contract. The list price was $769,900 or $337.08 per sq. ft. of living area. This home was on the market for 74 days before going under contract.

In the past 12 months, 15 Evergreen homes have sold.  Sales prices ranged from $610,000 up to $1,200,000.  This works out to an average sales price of $858,200 which equals $302.83 per sq. ft. of living area.  These homes sold for an average of 100% of the list price.  And, these homes averaged 38 days on the market before going under contract.

View the previous Evergreen market report here!

About the Evergreen Community Palm City Florida:

Evergreen real estate in Palm City Florida
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Evergreen homes for sale:

Nestled in a secluded corner of Palm City, the Evergreen community is an elegant gated HOA that it’s residents love to call home.  This community is close to it all; ‘A’ rated schools, boat ramps, theatres, fantastic local restaurants, shopping, and beautiful beaches!

Evergreen real estate in Palm City Florida
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The Evergreen community is known for its 18-hole championship golf course, the Crane Watch Club at Evergreen, which does not require an expensive membership to play.  Every home is unique and will be sure to have something special about it that will charm you.  Located on a beautiful 520-acre parcel, each of the 299 homes features at least one acre of land for a spacious uncrowded feeling!  Enjoy all the beautiful Florida sights that the Evergreen community has to offer, you may find yourself rarely wanting to leave home!  Golf club membership is not mandatory but if you are a member of the Crane Watch Club, you will enjoy full golf privileges, dining privileges, and fun social events. There are no dining minimums, no assessments or large down payments.

Recent Evergreen home sales:

Homes on the Northside of the Evergreen community back up to the C-24 canal, a navigable body of water unfortunately without ocean access.  Though, it can be an excellent spot for water skiing or an easy kayak ride.

Evergreen real estate in Palm City Florida

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Martin County, Saint Lucie County and the State of Florida Market Reports

Evergreen Real Estate Market Report March 2023

Martin County Townhouses and Condos February 2023 Market Report

03.24.23 by

Martin County Townhouses and Condos February 2023 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year though there are some signs of a slow turnaround. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were down by 28.4%.  They were down by 43.8% in November.  New sales under contract (new pending sales) were down by 7.2% from last year.  They were down by 7.5% in January.

Price activity was mixed for February.  The median sales price increased by 10.3% (was up by 26.0% last month). While the average sales price decreased by 5.5% (was up by 8.2% in January).

The available townhouses and condos inventory increased by 8 units to 308 properties.  This is a 187.9% greater supply of inventory than we had in February 2022.  Currently, there’s a 3.6 months supply of inventory (compared to 0.9 months for February 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.

Martin County Townhouses and Condos February 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 February 2023 Market Report

Sandpebble Real Estate Market Report March 2023

03.23.23 by

Sandpebble Real Estate Market Report March 2023

Here’s your March 2023 market report for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are 6 condos currently available for sale in Sandpebble. The list prices range from $429,000 up to $689,000. This is an average list price of $561,833 which is $481.01 per sq. ft. of living area. 

There are no Sandpebble condos currently under contract.

In the past 12 months, 7 Sandpebble condos have sold.  Sales prices ranged from $480,000 up to $749,000.  This is an average sales price of $565,857 which works out to $477.17 per sq. ft. of living area.  These sales averaged 96% of the list price. And, they went under contract in an average of 17 days after being listed.

View the previous Sandpebble condo market report here!

About the Sandpebble Condos on Hutchinson Island in Stuart FL:

Sandpebble Condos on Hutchinson Island
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Sandpebble condos for sale:

On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County.  Located on pristine 37 acres that reach from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Recent Sandpebble condo sales:

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 riverside and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first-come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

Sandpebble Condos on Hutchinson Island
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On the spacious grounds, there is plenty of green space for outdoor activities, two hard court tennis courts, and a fully-equipped clubhouse with a kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Sandpebble Condos on Hutchinson Island

Construction of the Sandpebble complex began in 1982.  Recently all buildings were completely refurbished with metal roofs.  Other renovations included Hardi-Plank replacement for exterior wood surfaces and complete concrete (re-bar) restoration.  Also completed was the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping, and the painting of all the buildings.

Sandpebble Condo on Hutchinson Island

Current Sandpebble Condos for Sale

the Gabe Sanders real estate team

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

Sandpebble Real Estate Market Report March 2023

Florida Townhouses and Condos February 2023 Market Report

03.22.23 by

Florida Townhouses and Condos February 2023 Market Report

Florida Townhouses and Condos market report continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 30.2% compared to last month’s decrease of 40.7%.  New sales under contract (new pending sales) decreased by 24.2% (In January, there was a 31.4% decrease).

Year-to-year prices were higher.  Though these price increases seem to have moderated a little, which may indicate future increased activity. The median sales price was up by 8.6% (was up by 8.8% in January). And the average sales price increased by 2.9% (was up 10.7% in January).

The inventory of active listings increased by 106% from February last year.  This results in 3.2 months supply of inventory as compared to 1.2 months for February 2021.  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-month supply of inventory.

Florida Townhouses and Condos February 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 February 2023 Market Report

Lake Grove Real Estate Market Report March 2023

03.22.23 by

Lake Grove Real Estate Market Report March 2023

There is 1 home currently for sale in Lake Grove of Palm City, FL.  The list price is $1,395,000 which is $453.51 per sq. ft. of living area.

There are no Lake Grove homes currently under contract.

In the past 12 months, only 1 Lake Grove home has sold. The sales price was $801,000 which equals $294.38 per sq. ft. of living area.  This home was on the market for 104 days prior to going under contract. And, it sold for 100% of the list price.

Click here to view the previous Lake Grove market report!

About Lake Grove in Palm City FL:

Lake Grove real estate in Palm City Florida
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Lake Grove homes for sale:

Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square-shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land. Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three-car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.

Recently sold Lake Grove homes:

The common areas include two tennis courts, landscaped common areas and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove real estate in Palm City Florida
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Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City

Click here to see the currently available Lake Grove Homes for Sale

If you like the Lake Grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay 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.

Lake Grove Real Estate Market Report March 2023

Florida Single Family Homes February 2023 Market Report

03.21.23 by

Florida Single Family Homes February 2023 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Price increases seem to have moderated, which may indicate future increased activity. Closed sales were down by 21.3% (were down by 32.5% in January). New sales under contract (new pending sales) were down by 11.6% (were down by 19.4% in January).

Prices rose for February, though at a reduced rate.  The (year-to-year) median sales price rose by 3.5% (it was up by 4.0% in January). And, the average sales price was down by 1.8% (it was up by 5.2% last month).

The inventory of available homes for sale increased by 131.4% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (February 2021 had a 0.9 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes February 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 February 2023 Market Report

 

Moon River Real Estate Market Report March 2023

03.21.23 by

Moon River Real Estate Market Report March 2023

As of early March 2023, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

There is 1 Moon River home currently pending (under contract). The list price was $445,000 or $302.93 per sq. ft. of living area. This home was on the market for 7 days prior to going under contract.

There have been no Moon River home sales in the past 12 months.

Click here to view recent Moon River market reports!

About Moon River in Jensen Beach Florida:

Moon River real estate in Jensen Beach Florida
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Moon River homes for sale:

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River real estate in Jensen Beach Florida
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Home sizes range from 3 Bedroom, 3 bathroom two-story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Recent sales in Moon River:

This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 

Moon River real estate in Jensen Beach Florida

Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

Moon River in Jensen Beach on Hutchinson Island
Moon River in Jensen Beach on Hutchinson Island

The current Martin County Schools for Moon River are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the current listings in Moon River in Jensen Beach

 For any questions you may have about September 2019 Market Report for Moon River in Jensen Beach, please call or email Gabe Sanders at 772-888-2885 or Contact Him Here

Jensen Beach Florida Real Estate

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

Moon River Real Estate Market Report March 2023

Westwood Country Estates Real Estate Market Report March 2023

03.20.23 by

Westwood Country Estates Real Estate Market Report March 2023

As of March 2023, there are no homes available to purchase in Westwood Country Estates in Palm City, FL.

There are also no Westwood Country Estates homes currently under contract (pending sale).

There have been 5 Westwood Country Estates home sales in the past 12.  Sales prices ranged from $710,000 up to $1,240,000. This works out to an average sales price of $956,000 which is equal to $302.76 per sq. ft. of living area.  These sales averaged 96% of the list price. And, went under contract in an average of 22 days after going on the market.

View the previous Westwood Country Estates market report!

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida
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Westwood Country Estates homes for sale:

Westwood Country Estates is a wide-open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates in Palm City Florida

There are only 77 homes in Westwood Country Estates in Palm City Florida. 

Recent Westwood Country Estates sales:

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates in Palm City Florida

Westwood Country 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.

Westwood Country Estates Real Estate Market Report March 2023