The Arbors in Hobe Sound May 2022 Market Report

05.05.22 by

The Arbors in Hobe Sound May 2022 Market Report

There are no homes available for sale in The Arbors as of May 2022.

There are also no homes in the Arbors currently under contract.

In the past 12 months, 14 homes have sold in the Arbors.  Sales prices ranged from $435,000 up to $925,000.  This works out to an average sales price of $664,571 which equals $267.09 per sq. ft. of living area.  These sales averaged 98% of the list price. They were on the market for an average of 18 days before going under contract.

Click here to view the previous Arbors market reports

About the Arbors in Hobe Sound:

The Arbors in Hobe Sound Florida
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Homes for sale in the Arbors:

In northern Hobe Sound, just off of Seabranch Avenue is the exclusive 190 homes of the Arbors.  This gated community of homes all border on lakes or preserve. Most have generous lot sizes with elbow room not found in many modern developments.  In addition to the two serene lakes, the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines. Offering a great home to native flora and fauna.  Residents of the Arbors enjoy seeing endangered scrub jays and gopher tortoises as well as pairs of sandhill cranes.   To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land.  Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

Recent sales in the Arbors:

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County.  Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting.  The Arbors is less than an hour away from Palm Beach International Airport and just about equidistant from Miami and Orlando, both only two-plus hours by car.

The Arbors is a wonderful place to call home.

The Arbors in Hobe Sound Florida
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Search for all Arbors Homes in Hobe Sound Real Estate

If you’d like additional Stuart Florida area real estate information, please Gabe Sanders at any time or simply search for properties at GabeSanders.com

And, the latest market reports for Martin County, Saint Lucie County and the State of Florida are always available on this link.

The Arbors in Hobe Sound May 2022 Market Report

Ocean Dunes Condos on Hutchinson Island May 2022 Market Report

05.04.22 by

Ocean Dunes Condos on Hutchinson Island May 2022 Market Report

As of May 2022, there is 1 condo available for sale in Ocean Dunes on Hutchinson Island in Jensen Beach FL. The list price is $699,000 which equals $569.22 per sq. ft. of living area.

There are 2 condos currently under contract. The list prices were $650,000 and $1,190,000. This is an average list price of $920,000 which is $502.47 per sq. ft. of living area. These condos averaged 47 days on the market before going under contract.

In the past 12 months, there have been 4 Ocean Dunes condo sales. Sales prices ranged from $399,000 up to $495,000. This works out to an average sales price of $428,500 or $348.94 per sq. ft. of living area. These condos went under contract in an average of 25 days after being listed. And, they sold for an average of 98% of the list price.

Click here for previous Ocean Dunes market reports!

About Ocean Dunes Condos in Jensen Beach FL:

Ocean Dunes condos on Hutchinson Island in Jensen Beach Florida
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Ocean Dunes condos for sale:

Just north of the Jensen Beach Causeway is the very exclusive Ocean Dunes Condo Building.  This 8 story elevator building was built in 1982 and contains only 28 units.  No more than 4 condos per floor with the penthouse having two spacious double-sized units of 2,502 sq. ft. under AC each.  The remaining condos are all 2 bedroom, 2 bath with the corner units having 1,298 sq. ft. of living area and the interior ones having 1,228.

Recent Ocean Dunes condo sales:

There is ample parking as well as beach access, a private pool and a tennis court.  One small pet is allowed as well as rentals are permitted with some restrictions.  The current condo fees are $530 per month as of December 2016.

Ocean Dunes condos on Hutchinson Island in Jensen Beach Florida
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There is shopping located across the street and it’s only a short drive to downtown Jensen Beach.

Ocean Dunes Condo in Jensen Beach
Ocean Dunes Condo in Jensen Beach
Ocean Dunes Condo in Jensen Beach

Click here to search for available Ocean Dunes Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – 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.

Ocean Dunes Condos on Hutchinson Island May 2022 Market Report

Coral Lakes May 2022 Market Report

05.03.22 by

Coral Lakes May 2022 Market Report

For May 2022, there are no homes available for sale in Coral Lakes in Stuart FL.

There is 1 home currently under contract in Coral Lakes. The list price was $450,000 which works out to $215.93 per sq. ft. of living area. This home was on the market for 24 days before going under contract.

6 Coral Lakes homes have sold in the past 12 months.  These homes sold for prices ranging from $550,000 up to $700,000.  This equals an average sales price of $611,833 which works out to $252.49 per sq. ft. of living area. These homes were on the market for an average of 29 days before going under contract and sold for an average of 98% of the list price.

Click here to view previous Coral Lakes market reports!

About Coral Lakes in Stuart FL:

Coral Lakes in Stuart Florida
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The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes in Stuart Florida
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There are just under 100 homesites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Recently sold Coral Lakes homes:

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee covers maintenance of the common areas, gates, and management.  Many homes have private pools in these spacious single-family home sites as well as other much-desired amenities.

Coral Lakes in Stuart Florida
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The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways, and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle, and Martin County High Schools.

Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL
Coral Lakes real estate in Stuart FL

Check here to see which Coral Lakes homes are available 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.

Coral Lakes May 2022 Market Report

Poppleton Creek Condo Market Report for May 2022

05.02.22 by

Poppleton Creek Condo Market Report for May 2022

As of May 2022, there were no condos available for sale in the Poppleton Creek community of Stuart, FL.

There are 3 condos currently under contract. List prices ranged from $169,900 up to $199,900. This is an average list price of $189,767 or $230.27 per sq. ft. of living area.  These condos were on the market for an average of 11 days prior to going under contract.

In the past 12 months, there have been 10 condo sales in Poppleton Creek.  Sales prices ranged from $60,000 up to $190,000 for an average sales price of $149,500 which equals $172.66 per sq. ft. of living area.  These condos averaged 6 days on the market before going under contract and sold for an average of 101% of the list price.

Click here to view previous Poppleton Creek market reports!

About the Poppleton Creek Condo Community in Stuart FL:

Poppleton Creek condos in Stuart Florida
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Poppleton Creek Condos for Sale

Conveniently located just west of US-1 (Federal Highway) on Kanner Highway and close to downtown Stuart is the Poppleton Creek Condo Complex.

 This community consists of two sections.  One is a more traditional type of condo building with units consisting of mostly 2 bedroom condos and a few 1 bedroom units built in 1974 with approximately 875 sq. ft. of living area.  There is also a newer section built-in 1981 with 1,250 sq. ft. condos that are more like townhomes with 2 bedrooms and 2 bathrooms.

Poppleton Creek condos in Stuart Florida
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The newer section, which was completed between the years of 1984 and 1985 is referred to as the Gardens at Poppleton Creek and consists of a more open plan that are all 1,164 sq. ft. of living area with 2 bedrooms and 2 bathrooms.

Recently sold Poppleton Creek condos:

Some units in both of the newer sections look out at and are along the shores of Poppleton Creek which has ocean access through the Saint Lucie River.  There are docks available in Poppleton Creek that are only suitable for smaller boats as the waters are fairly shallow and one must travel under the Palm City Road bridge which only has limited clearance. There is also a place for kayak storage and launching.

Poppleton Creek condos in Stuart Florida
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One medium-sized pet is allowed (under 35 lbs.) and rentals are also allowed with restrictions.  There is ample parking but no commercial vehicles are allowed.  Units do have washer and dryer hookups for in-home laundry.

Poppleton Creek Condos in Stuart FL

There are two community pools and unfortunately no sports courts at this time.  All ages are welcome and children currently attend the J.D. Parker Elementary School, Stuart Middle School, and the Jensen Beach High School.

Poppleton Creek Condos in Stuart FL

Click here to see all the currently listed condos in Poppleton Creek (If any)

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.

Poppleton Creek Condo Market Report for May 2022

St. Lucie County Townhouses and Condos 2022 1st Quarter Report

05.01.22 by

St. Lucie County Townhouses and Condos 2022 1st Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 1st Quarter of 2022.

St. Lucie County Townhouses and Condos 2022 1st Quarter Report

For the 1st quarter of 2022, the Saint Lucie Count townhouses and condo real estate market had weaker sales volume when compared to the 1st quarter of 2021.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices and higher interest rates. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Click to view previous St Lucie County quarterly reports

St. Lucie County Townhouses and Condos 2022 1st Quarter Report

St. Lucie County Single Family Homes 2022 1st Quarter Report

04.30.22 by

St. Lucie County Single Family Homes 2022 1st Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2022 1st Quarter Report

Unlike most other areas in our market, the St. Lucie County single-family home real estate market had an improved sales volume when compared to the 1st quarter of 2021.   These sales results are quite remarkable considering the current unprecedented low inventory. There is very active new home construction in place in Saint Lucie County which may explain these positive results. Prices were also higher during this period with very large gains. If the construction of new inventory continues in St. Lucie County, these sales numbers may continue to show positive results. One f the few laces in the state (and nationally) to do so.

To view, the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

Admiral Condos April 2022 Market Report

04.30.22 by

Admiral Condos April 2022 Market Report

For April 2022, there are no condos available for sale in the Admiral on Hutchinson Island in Jensen Beach FL.

There is 1 condo currently under contract. The list price was $895,000 which is $549.08 per sq. ft. of living area.  This condo was on the market for 8 days before going under contract.

In the past 12 months, 8 Admiral condos have sold.  Sales prices ranged from $449,000 up to $999,999.  This is an average sales price of $648,550 which equals $422.25 per sq. ft. of living area.  These condos went under contract in an average of 18 days after being listed.  They sold for an average of 100% of the list price.

Click here to view some previous Admiral market reports.

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.

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

Island Dunes

For those wishing to experience a 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

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 Condos April 2022 Market Report

Martin County Townhouses and Condos 2022 1st Quarter Report

04.29.22 by

Martin County Townhouses and Condos 2022 1st 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 2022 1st Quarter Report

For Martin County townhouses and condos the sales volume declined in the 1st quarter of 2022 when compared to the same period last year. This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices and higher interest rates. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume for a while.

To view the full report, click on the image above or this link.

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2022 1st Quarter Report

Montego Cove April 2022 Market Report

04.29.22 by

Montego Cove April 2022 Market Report

There are no condos for sale in Montego Cove in Stuart FL for April 2022.

There is 1 condo under contract at this time. The list price was $289,900 or $192.50 per sq. ft. of living area. This condo was on the market for 6 days before going under contract.

In the past 12 months, 19 condos have sold in Montego Cove.  Sales prices ranged from $230,000 up to $324,000.  This equals an average sales price of $275,789 which is $175.34 per sq. ft. of living area.  These condos averaged 12 days on market before accepting the final offer and sold for an average of 99% of the list price.

Click here to view previous Montego Cove market reports.

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 in Stuart Florida
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This community offers ample green spaces along with 2 tennis courts, 2 pools, 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 in Stuart Florida
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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 April 2022 Market Report

Martin County Single Family Homes 2022 1st Quarter Report

04.28.22 by

Martin County Single Family Homes 2022 1st Quarter Report

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

Martin County Single Family Homes 2022 1st Quarter Report

The Martin County single-family home market had weaker sales volume when compared to the 1st quarter of 2021.   This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices and higher interest rates. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume in the near future.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2022 1st Quarter Report

Indian River Point April 2022 Market Report

04.28.22 by

Indian River Point April 2022 Market Report

For April 2022, there are 2 homes for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island. The list prices are $459,900 and $549,000. This equals an average list price of $504,450 which is $334.13 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 homes have sold in this waterfront community.  The sales prices ranged from $363,850 up to $535,000.  This works out to an average sales price of $474,617 or $318.71 per sq. ft. of living area.  These homes averaged 12 days on the market before going under contract. Sales prices averaged 102% of the list price.

Click here to view previous Indian River Point market reports.

About Indian River Point:

Indian River Point on Hutchinson Island in Jensen Beach Florida
Google Earth image

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
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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 in Jensen Beach
Indian River Point in Jensen Beach

Indian River Point April 2022 Market Report

Florida Townhouses and Condos 2022 1st Quarter Report

04.27.22 by

Florida Townhouses and Condos 2022 1st Quarter Report

Click the image below to view the 2022 1st Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2022 1st Quarter Report

Sales volume declined in the 1st quarter of 2022 when compared to the same period last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices and increasing interest rates. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume in the near future.

To view the full report, click on the image above or this link.

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2022 1st Quarter Report

Florida Single Family Homes 2022 1st Quarter Report

04.26.22 by

Florida Single Family Homes 2022 1st Quarter Report

Click the image below to view the full details of the 2022 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2022 1st Quarter Report

For the 1st quarter of 2022, Florida single-family homes showed reduced sales activity when compared to last year.  This is mostly due to the unprecedented low inventory of available homes and to a lesser extent the rapidly rising prices and increasing interest rates. For the near future, I don’t see the inventory rising by any significant amount. This should continue to depress real estate sales volume in the near future.

To view, the full report click the image above or this link.

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 2022 1st Quarter Report

Island Village Hutchinson Island April 2022 Market Report

04.26.22 by

Island Village Hutchinson Island April 2022 Market Report

There are no townhomes for sale in the Island Village community of Hutchinson Island in April 2022.

There are also no townhomes under contract.

7 Island Village townhomes have sold in the past 12 months.  Sales prices ranged from a low of $188,000 up to $262,000.  This works out to an average sales price of $231,280 which equals $182.11 per sq. ft. of living area.  These homes averaged 46 days on the market prior to going under contract and sold for an average of 100% of the last list price.

Click here to view previous Island Village market reports.

About Island Village on Hutchinson Island FL:

Island Village on Hutchinson Island in Jensen Beach Florida
Google Earth image

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 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 Hutchinson Island April 2022 Market Report

St Lucie County Townhouses and Condos March 2022 Market Report

04.25.22 by

St Lucie County Townhouses and Condos March 2022 Market Report

The St Lucie County Townhouses and Condos market had weaker sales activity when compared to last March. Until the unprecedented low inventory levels ease, I don’t expect much-improved sales activity. People can’t buy what doesn’t exist! Closed sales were down by 11.5% from last year (were down by 3.0% in February). New pending sales were down by 36.6% for March (they were down by 25.1% last month).

Prices continued to rise in March. The median price increased by 11.5% from last year (was up by 11.8% in February) and the average sales price increased by 13.9% (was up by 24.4% in February).

The inventory of available townhouses and condos decreased by 6 units from last month to 135 residences. This is 42.8% less inventory than we had in March 2021. The current inventory supply is 1.0 months, as compared to 2.0 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a tight sellers’ market, mainly because of the decrease in inventory. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos March 2022 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 March 2022 Market Report

Whitemarsh Reserve April 2022 Market Report

04.25.22 by

Whitemarsh Reserve April 2022 Market Report

For April 2022, there are no homes available for sale in Whitemarsh Reserve in Stuart FL.

There are 2 townhomes currently under contract. The list prices were $329,900 and $417,000. This is an average list price of $373,450 or $228.74 per sq. ft. of living area. These homes were on the market for an average of 2 days before going under contract.

In the past 12 months, 8 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $280,000 up to $352,900.  This works out to an average sales price of $313,300 which is $172.12 per sq. ft. of living area.  These homes averaged 11 days on market prior to going under contract and sold for an average of 101% of the list price.

Click here to view previous Whitemarsh Reserve market reports.

About Whitemarsh Reserve:

Whitemarsh Reserve in Stuart Florida
Google Earth image

Whitemarsh Reserve homes for sale:

This gated community of new town-homes 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 in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having 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

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 April 2022 Market Report

St Lucie County Single Family Homes March 2022 Market Report

04.24.22 by

St Lucie County Single Family Homes March 2022 Market Report

The March 2022 St Lucie County Single Family Home market had improved sales activity when compared to last year. This is pretty impressive when you consider the extremely low inventory of available homes available for purchase as well as the results of other surrounding counties. Closed sales were up by 16.2% for the month compared to last year (in February they were up by 22.0%). New sales under contract (new pending sales) decreased by 4.0% (they were down by 5.9% last month).

Prices were also up in March.  The median sales price was up by 31.6% (was up by 27.3% in February).  The average sales price was up by 29.7% (it was up by 24.0% in February).

The number of available home listings decreased by 1 home to 594.  This inventory is 22.4% less than last year.  The current supply of homes is only 0.9 months (it was 1.4 months last year).  The St Lucie County single-family home market remains an extreme sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes March 2022 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 March 2022 Market Report

The Princess of Hutchinson Island April 2022 Market Report

04.24.22 by

The Princess of Hutchinson Island April 2022 Market Report

As of April 2022, there are no condos available for sale in the Princess of Hutchinson Island.  List prices ranged from $480,000 up to $875,000. This is an average list price of $676,667 or $425.12 per sq. ft. of living area.

There are 5 condos currently under contract.  The list prices ranged from $475,000 up to $665,000. This was an average list price of $556,580 which equals $424.66 per sq. ft. of living area.  These condos were on the market for an average of 42 days prior to going under contract.

In the past 12 months, 14 Princess condos have sold. Sales prices ranged from $405,000 up to $825,000.  This is an average sales price of $524,607 which works out to an average of $357.12 per sq. ft. of living area.  These condos were on the market for an average of 22 days before going under contract. And, sold for an average of 98% of the last list price.

Click here to view previous Princess of Hutchinson Island market reports.

About the Princess of Hutchinson Island Condos:

The Princess of Hutchinson Island in Jensen Beach Florida
Google Earth image

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 in Jensen Beach Florida
Google Earth image

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 as well as 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

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

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – 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 of Hutchinson Island April 2022 Market Report

Martin County Townhouses and Condos March 2022 Market Report

04.23.22 by

Martin County Townhouses and Condos March 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last March. This is quite surprising considering the extremely low inventory of available homes. Closed sales for the month were down by 27.6%.  They were down by 10.7% in February.  New sales under contract (new pending sales) were down by 20.7% from last year.  They were down by 25.0% in February.

Prices, however, continued to rise for March.  The median sales price increased by 23.9% (was up by 28.3% last month). While the average sales price increased by 8.5% (was up by 40.9% in February).

The inventory of available townhouses and condos increased by 10 units to 117 properties.  This is a 44.5% smaller supply of inventory than we had in March 2021.  Currently, there’s a 1.0 months supply of inventory (compared to 2.0 months for March 2022).  We remain in a very extreme seller’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.

Martin County Townhouses and Condos March 2022 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 March 2022 Market Report

The Falls of Jensen Beach April 2022 Market Report

04.23.22 by

The Falls of Jensen Beach April 2022 Market Report

For April 2022, there is 1 home available for sale in the Falls of Jensen Beach.  The list price is $799,000 or $274.10 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 6 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $575,000 up to $901,000.  This is an average sales price of $657,751 which is equal to $224.32 per sq. ft. of living area.  These homes averaged 8 days on the market before going under contract and sold on average for 99% of the 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
Google Earth image
The Falls of Jensen Beach homes for sale:

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
Google Earth image

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.

Recent sales in the Falls of Jensen Beach:

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
Google Earth image

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 April 2022 Market Report