Martin County Single Family Homes October 2024 Market Report

11.27.24 by

Martin County Single Family Homes October 2024 Market Report

The Martin County Single Family Homes real estate market had mixed sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down 16.3% from last year (they were up by 7.6% in September). At the same time, new pending sales were up by 7.4% compared to last year (which decreased by 23.8% last month).

Prices improved for October when compared to last year.  The median sales price increased by 7.5% from last year (up by 3.9% in September) and the average sales price increased by 19.6% (up by 22.1% last month).

The inventory of available single-family homes increased by 231 homes to 767. This is a 43.1% greater inventory than last October.  The current supply of homes is 4.8months.  For October of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes September 2024 Market Report

Island Dunes Real Estate Market Report November 2024

11.16.24 by

Island Dunes Real Estate Market Report November 2024

November 2024 Market Report for Island Dunes Condos on Hutchinson Island in Jensen Beach, FL

18 condos are currently on the market in all the Island Dunes condo buildings. The list prices range from $439,000 up to $1,485,000. This is an average list price of $869,378 which is $550.40 per square foot of living area.

2 Island Dunes condos are under contract at this time. The list prices were $675,000 and $725,000. This equals an average list price of $700,000 which equals $465.49 per square foot of living space. These condos were on the market for an average of 88 days before going under contract.

In the past 12 months, 28 Island Dunes condos have sold. The sales prices ranged from $345,000 up to $1,800,000.  This works out to an average sales price of $983,000 or $535.17 per square foot of living area.  These sales averaged 95% of the final list price. And, they averaged 81 days on the market before going under contract.

Click here to view the previous Island Dunes market report!

About the Island Dunes Condos on Hutchinson Island:

Island Dunes condo real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Saint Lucie County is a complex of five separate condominium buildings with a common thread.  All of these units belong to the Island Dunes Country Club.  This unique arrangement offers golf, tennis, and a deep water marina, just steps from your condo without having to travel to the mainland.

Island Dunes condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

The five buildings from North to South are the Island Dunes Oceanside I & II, the Admiral, the Regency Island Dunes, and the Regency Island Dunes Two.  All of these buildings are Oceanside affording easy access to the crystal clear blue waters of the Atlantic Ocean.  There’s a wide variety of condos available ranging from 1 Bedroom to spectacular 3 Bedroom Penthouse suites.

Recently sold Island Dunes condos:

The Island Dunes Country Club offers a challenging nine-hole golf course on the banks of the wide Indian River, a championship tennis club, a pro shop, a deep-water marina, and one of the fine dining in the onsite restaurant area which is open to the public.

Island Dunes condo real estate on Hutchinson Island in Jensen Beach Florida

 Search for all Island Dunes Condos on Hutchinson Island in Stuart Florida

Search for Island Dunes condo real estate on Hutchinson Island in Jensen Beach 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.

Island Dunes Real Estate Market Report November 2024

Martin County Single Family Homes September 2024 Market Report

10.25.24 by

Martin County Single Family Homes September 2024 Market Report

The Martin County Single Family Homes real estate market had a small increase in sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were up by 7.6% from last year (they were down by 6.1% in August). At the same time, new pending sales decreased by 23.8% compared to last year (which increased by 13.7% last month).

Prices were up for September when compared to last year.  The median sales price increased from last year by 3.9% (up by 0.4% in August) while the average sales price increased by 22.1% (down by 7.9% last month).

The inventory of available single-family homes increased by 29 homes to 742. This is a 61.0% greater inventory than last September.  The current supply of homes is 4.6 months.  For September of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes September 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes September 2024 Market Report

Fairwinds Cove Real Estate Market Report October 2024

10.03.24 by

Fairwinds Cove Real Estate Market Report October 2024

2 condos are currently available for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. The list prices are $385,000 and $425,000. This average list price of $405,000 works out to $351.79 per square foot of living area.

There are no Fairwinds Cove condos currently under contract.

In the past 12 months, 3 Fairwinds Cove condos have sold.  Sales prices ranged from $309,000 up to $405,000.  This works out to an average sales price of $359,667 which equals $315.35 per square foot of living area.  These condos sold for an average of 99% of the list price. And, they were on the market for an average of 57 days before going under contract.

Click here for the previous Fairwinds Cove market report!

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four-story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with a full kitchen, meeting room, fitness room, billiards, and more.

Fairwinds Cove is a non-age-restricted community that allows one small pet.  There is a strong sense of community with many long-time seasonal and full-time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida

Search for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach 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.

Fairwinds Cove Real Estate Market Report October 2024

Martin County Single Family Homes August 2024 Market Report

09.22.24 by

Martin County Single Family Homes August 2024 Market Report

The Martin County Single Family Homes real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should help, hopefully sooner than later. Closed sales were down by 6.1% from last year (they were up by 4.1% in July). At the same time, new pending sales increased by 13.7% compared to last year (which increased by 2.5% last month).

Prices were mixed for August when compared to last year.  The median sales price increased from last year by 0.4% (down by 6.6% in July) while the average sales price decreased by 7.9% (down by 31.0% last month).

The inventory of available single-family homes increased by 9 homes to 713. This is a 54.3% greater inventory than last August.  The current supply of homes is 4.4 months.  For August of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes August 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes August 2024 Market Report

Martin County Single Family Homes July 2024 Market Report

08.24.24 by

Martin County Single Family Homes July 2024 Market Report

The Martin County Single Family Homes Market Report showed slightly better sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were up by 4.1% from last year (they were down by 6.2% in June). At the same time, new pending sales increased by 2.5% compared to last year (which increased by 8.3% last month).

Prices were lower for July when compared to last year.  The median sales price decreased from last year by 6.6% (up by 4.4% in June) while the average sales price decreased by 31.0% (up by 22.6% last month).

The inventory of available single-family homes decreased by 23 homes to 704. This is a 48.8% greater inventory than last July.  The current supply of homes is 4.3 months.  For July of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes July 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes July 2024 Market Report

Foxwood Real Estate Market Report August 2024

08.24.24 by

Foxwood Real Estate Market Report August 2024

For August 2024, 4 homes are listed for sale in the Foxwood community in Stuart FL. The list prices range from $925,000 up to $1,964,700. This is an average list price of $1,369,675 or $378.29 per sq. ft. of living space.

There are also no Foxwood homes currently under contract.

In the past 12 months, 2 Foxwood homes have sold in this much sought-after Stuart community.  Sales prices were $975,000 and $1,035,000.  This works out to an average sales price of $1,005,000 which equals $369.55 per sq. ft. of living area.  These sales took an average of 4 days on the market before going under contract. And, they sold for an average of 92% of the list price.

Click here to view the previous Foxwood market report!

About Foxwood Equestrian Community in Stuart FL:

Foxwood Real Estate in Stuart Florida

Foxwood is located just west of I-95 on Pratt and Whitney Road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Equestrian owners can enjoy having horses on their property with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Interestingly, every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place. 

Foxwood Real Estate in Stuart Florida

Association fees are a very reasonable $35 per month.  These fees cover maintenance of the private roads, sanitation, and management fees.  You can find more information about the Foxwood Property Association can be found at this community’s property association website: Foxwood Property Association of Stuart Florida

Construction of homes in Foxwood began in 1978.  Four phases of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

Foxwood Real Estate in Stuart Florida

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants, and other urban areas.

Currently Available Homes in Foxwood

Foxwood home search

Images courtesy of Google Earth

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.

For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood Real Estate Market Report August 2024

Whispering Sound Real Estate Market Report August 2024

08.21.24 by

Whispering Sound Real Estate Market Report August 2024

 As of August 2024, there are 4 homes available for sale in Whispering Sound in Palm City, FL.  The list prices range from $334,900 up to $375,000. This is an average list price of $356,950 which equals $229.57 per sq. ft. of living area.

Only 1 Whispering Sound home is currently under contract.  The list price was $380,000 which is $240.96 per sq. ft. of living space.  This home was on the market for 31 days before going under contract.

In the past 12 months, 15 Whispering Sound homes have sold. Sales prices ranged from a low of $290,000 up to a high of $425,000.  This works out to an average sales price of $379,467 which equals $238.35 per sq. ft. of living area.  These sales prices averaged 96% of the list price. And, they went under contract in an average of 42 days after going on the market.

Click here to view the previous Whispering Sound market report!

About Whispering Sound in Palm City FL:

Whispering Sound in Palm City FL
Image courtesy of Google Earth

Whispering Sound is a gated age-restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’s Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride away along with easy access to Florida’s Turnpike and I-95.  Many shopping, restaurants, and medical facilities are close to Whispering Sound.

Whispering Sound in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two-car or one-car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

This active 55+ community boasts an active clubhouse with a heated swimming pool, spa, tennis courts, and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

Whispering Sound in Palm City FL
Whispering Sound in Palm City FL

Search for all Whispering Sound Homes for Sale in Palm City FL

Recent market reports:

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

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

Palm City Real Estate is presented by:
the Gabe Sanders realty team

Whispering Sound Real Estate Market Report August 2024

Martin County Single Family Homes June 2024 Market Report

07.25.24 by

Martin County Single Family Homes June 2024 Market Report

The Martin County Single Family Homes Market Report showed mixed sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were down by 6.2% from last year (they were down by 0.5% in May). At the same time, new pending sales increased by 8.3% compared to last year (which decreased by 1.6% last month).

Prices were higher for June when compared to last year.  The median sales price increased from last year by 4.4% (down by 9.2% in May) while the average sales price increased by 22.6% (up by 6.1% last month).

The inventory of available single-family homes decreased by 5 homes to 727. This is a 55.7% greater inventory than last June.  The current supply of homes is 4.5 months.  For June of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes June 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes June 2024 Market Report

Crane Creek Real Estate Market Report July 2024

07.08.24 by

Crane Creek Real Estate Market Report July 2024

As of July 2024, there are 10 homes for sale in the Crane Creek community in Martin Downs in Palm City FL. The list prices range from $695,000 up to $1,250,000. This is an average list price of $923,174 which is $287.67 per sq. ft. of living area.

There is only 1 Crane Creek home under contract at this time. The list price was $709,000 which equals $248.34 per sq. ft. of living area. This home was on the market for 23 days before going under contract.

In the past 12 months, there have been 15 Crane Creek home sales. The sales prices ranged from $650,000 up to $1,462,500.  This works out to an average sales price of $945,146 or $302.78 per sq. ft. of living area. These homes averaged 73 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Crane Creek market report

About Crane Creek in Palm City:

Crane Creek in the Martin Downs Country Club in Palm City Florida
Google Earth image

The coast of Florida on the eastern side offers many wonderful locations. One of the secret attractions is the Crane Creek real estate development located in Palm City. With all the accommodations the Palm City area has to offer it should not be a surprise that a select neighborhood such as Crane Creek real estate properties is a high commodity.

Crane Creek in the Martin Downs Country Club in Palm City Florida
Google Earth image

The Crane Creek community of Palm City is located within Martin Downs Country Club. It includes a gated golf course community, Crane Creek has the finest features needed to make the community as upscale and appealing as possible. However, none of this is forced upon you because membership in the country club is optional.

Crane Creek in the Martin Downs Country Club in Palm City Florida
Google Earth image

There is also the opportunity to partake in one of the many other conveniences in place at the country club facility.  There is a driving range, chipping area, putting green, practice bunker, and rental clubs. The Crane Creek real estate in Martin Downs is made up of marvelous and varied homes with something for everyone. The properties involve a wide selection of architectural styles and choices from condominiums to estate homes. The parcels also have as much variation as maintenance-free lots and large acreage lots.

Within minutes from two of Florida’s major thoroughfares, Florida’s Turnpike and I-95, the location of Crane Creek real estate removes the hassle of commuting. In addition to all of these amenities, recent business dealings in the Crane Creek real estate area may bring one more amenity. In this part of Florida, there are fishing, golf, and equestrian facilities.

Crane Creek real estate in Palm City FL

Search Links:

Click here to view Crane Creek homes for sale

Crane Creek homes for sale in the Martin Downs Country Club in Palm City FL

View Martin Downs Country Club Communities:
Clubhouse Court Condos, Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Pheasant Run, Quail Meadow, and Starling Court.

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.

Crane Creek Real Estate Market Report July 2024

Sunset Trace Real Estate Market Report June 2024

06.29.24 by

Sunset Trace Real Estate Market Report June 2024

As of June 2024, 11 Sunset Trace homes are for sale in Palm City FL.  The list prices range from $265,000 up to $359,000. This equals an average list price of $310,971 which is $238.92 per sq. ft. of living area.

There are 2 Sunset Trace homes currently under contract.  The list prices were $299,999 and $327,500.  This works out to an average list price of $313,750 which equals $240.54 per sq. ft. of living area.  These homes were on the market for an average of 53 days before going under contract.

In the past 12 months, 37 Sunset Trace homes have sold.  Sales prices ranged from a low of $215,000 up to $380,000.  This equals an average sales price of $296,986 or $227.18 per sq. ft. of living area.  These homes sold for an average of 98% of the list price. And, they were on the market for an average of 42 days before going under contract.

Click here to view the previous Sunset Trace market report!

About Sunset Trace in Palm City FL:

Sunset Trace at Martin Downs in Palm City Florida
Google Earth image

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants, and medical facilities.  Only a 15-minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace at Martin Downs in Palm City Florida
Google Earth image

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community.   DiVosta quad townhomes feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area.  Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area.  Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single-family homes with 3 Bedrooms, 2 and ½ baths, and a one-car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, an outdoor racquet and/or handball courts, and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

Sunset Trace at Martin Downs in Palm City Florida
Sunset Trace real estate in Palm City FL
Sunset Trace Townhouse

All ages are welcome in Sunset Trace. Children attend Citrus Grove Elementary School, Hidden Oaks Middle School, and Martin County High School.  The HOA fees run $305 per month but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control, and security.  Making life in Sunset Trace easy and carefree.

Sunset Trace Townhouse
Sunset Trace in Palm City FL

Search here for Sunset Trace 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.

Sunset Trace Real Estate Market Report June 2024

Martin County Single Family Homes May 2024 Market Report

06.23.24 by

Martin County Single Family Homes May 2024 Market Report

The Martin County Single Family Homes Market Report showed slightly weaker sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were down by 0.5% from last year (they were down by 2.0% in April). At the same time, new pending sales decreased by 1.6% compared to last year (which decreased by 0.5% last month).

Prices were mixed for May when compared to last year.  The median sales price decreased from last year by 9.2% (up by 6.6% in April) while the average sales price increased by 6.1% (up by 2.2% last month).

The inventory of available single-family homes decreased by 53 homes to 722. This is a 55.9% greater inventory than last May.  The current supply of homes is 4.4 months.  For May of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes May 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes May 2024 Market Report

Martin County Single Family Homes April 2024 Market Report

05.24.24 by

Martin County Single Family Homes April 2024 Market Report

The Martin County Single Family Homes Market Report showed slightly weaker sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were down by 2.0% from last year (they were down by 16.4% in March). At the same time, new pending sales decreased by 0.5% compared to last year (which decreased by 5.2% last month).

Prices rose for April when compared to last year.  The median sales price increased from last year by 6.6% (down by 2.4% in March) while the average sales price increased by 2.2% (down by 14.0% last month).

The inventory of available single-family homes decreased by 22 homes to 669. This is a 44.5% greater inventory than last April.  The current supply of homes is 4.1 months.  For April of last year, it was 2.9 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes April 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes April 2024 Market Report

Island Dunes Real Estate Market Report May 2024

05.04.24 by

Island Dunes Real Estate Market Report May 2024

May 2024 Market Report for Island Dunes Condos on Hutchinson Island in Jensen Beach, FL

There are 21 condos currently on the market in all the Island Dunes condo buildings. The list prices range from $369,900 up to $1,950,000. This is an average list price of $1,021,462 which is $589.99 per square foot of living area.

There is 1 Island Dunes condo under contract at this time. The list price was $749,900 which equals $475.52 per square foot of living space. This condo was on the market for only 1 day before going under contract.

In the past 12 months, 30 Island Dunes condos have sold. The sales prices ranged from $385,000 up to $1,500,0000.  This works out to an average sales price of $924,300 or $518.83 per square foot of living area.  These sales averaged 95% of the final list price. And, they averaged 83 days on the market before going under contract.

Click here to view the previous Island Dunes market report!

About the Island Dunes Condos on Hutchinson Island:

Island Dunes condo real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Saint Lucie County is a complex of five separate condominium buildings with a common thread.  All of these units belong to the Island Dunes Country Club.  This unique arrangement offers golf, tennis, and a deep water marina, just steps from your condo without having to travel to the mainland.

Island Dunes condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

The five buildings from North to South are the Island Dunes Oceanside I & II, the Admiral, the Regency Island Dunes, and the Regency Island Dunes Two.  All of these buildings are Oceanside affording easy access to the crystal clear blue waters of the Atlantic Ocean.  There’s a wide variety of condos available ranging from 1 Bedroom to spectacular 3 Bedroom Penthouse suites.

Recently sold Island Dunes condos:

The Island Dunes Country Club offers a challenging nine-hole golf course on the banks of the wide Indian River, a championship tennis club, a pro shop, a deep-water marina, and one of the fine dining in the onsite restaurant area which is open to the public.

Island Dunes condo real estate on Hutchinson Island in Jensen Beach Florida

 Search for all Island Dunes Condos on Hutchinson Island in Stuart Florida

Search for Island Dunes condo real estate on Hutchinson Island in Jensen Beach 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.

Island Dunes Real Estate Market Report May 2024

Martin County Single Family Homes March 2024 Market Report

04.22.24 by

Martin County Single Family Homes March 2024 Market Report

The Martin County Single Family Homes Market Report showed weaker sales activity when compared to last year. We continue to face economic uncertainties and high mortgage rates. Closed sales were down by 16.4% from last year (they were up by 34.7% in February). At the same time, new pending sales decreased by 5.2% compared to last year (which increased by 2.5% last month).

Prices were lower for March as compared to last year.  The median sales price decreased from last year by 2.4% (up by 20.4% in February) while the average sales price decreased by 14.0% (up by 5.9% last month).

The inventory of available single-family homes increased by 14 homes to 691. This is a 41.3% greater inventory than last March.  The current supply of homes is 4.2 months.  For March of last year, it was 3.1 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes March 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes March 2024 Market Report

Fairwinds Cove Real Estate Market Report April 2024

04.13.24 by

Fairwinds Cove Real Estate Market Report April 2024

There are 7 condos currently available for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. The list prices range from $365,000 up to $469,999. This is an average list price of $410,271 which works out to $367.82 per square foot of living area.

There is 1 Fairwinds Cove condo currently under contract. The list price was $365,000 or $331.22 per square foot of living space. This condo was on the market for 19 days before going under contract.

In the past 12 months, 8 Fairwinds Cove condos have sold.  Sales prices ranged from $309,000 up to $405,000.  This works out to an average sales price of $349,250 which equals $302.17 per square foot of living area.  These condos sold for an average of 93% of the list price. And, they were on the market for an average of 78 days before going under contract.

Click here for the previous Fairwinds Cove market report!

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four-story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with a full kitchen, meeting room, fitness room, billiards, and more.

Fairwinds Cove is a non-age-restricted community that allows one small pet.  There is a strong sense of community with many long-time seasonal and full-time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida

Search for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach 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.

Fairwinds Cove Real Estate Market Report April 2024

Martin County Single Family Homes February 2024 Market Report

03.25.24 by

Martin County Single Family Homes February 2024 Market Report

The Martin County Single Family Homes Market Report showed strong sales activity when compared to last year. Even as we face some economic uncertainties, mortgage rates appear to have peaked and started to decline. Closed sales were up by 34.7% from last year (they were down by 5.3% in January). At the same time, new pending sales increased by 2.5% compared to last year (which increased by 9.0% last month).

Prices were higher for February as compared to last year.  The median sales price increased from last year by 20.4% (down by 0.7% in January) while the average sales price increased by 5.9% (up by 56.2% last month).

The inventory of available single-family homes increased by 41 homes to 677. This is a 31.5% greater inventory than last February.  The current supply of homes is 4.1 months.  For February of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

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

Martin County Single Family Homes February 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes February 2024 Market Report

Martin County Single Family Homes January 2024 Market Report

02.26.24 by

Martin County Single Family Homes January 2024 Market Report

The Martin County Single Family Homes Market Report showed slower sales activity from last year. We continue to face some economic uncertainties, though mortgage rates appear to have peaked and have started to decline. Closed sales were down by 5.3% from last year (they were down by 2.3% in December). At the same time, new pending sales increased by 9.0% compared to last year (which decreased by 4.9% last month).

Prices were mixed for January as compared to last year.  The median sales price decreased from last year by 0.7% (up by 1.8% in December) while the average sales price increased by 56.2% (up by 5.4% last month).

The inventory of available single-family homes increased by 46 homes to 636. This is a 20.0% greater inventory than last January.  The current supply of homes is 3.9 months.  For January of last year, it was 3.3 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

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

Martin County Single Family Homes January 2024 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes January 2024 Market Report

Martin County Single Family Homes December 2023 Market Report

02.03.24 by

Martin County Single Family Homes December 2023 Market Report

The Martin County Single Family Homes Market Report showed slower sales activity from last year. We continue to face some economic uncertainties, though mortgage rates appear to have peaked and have started to decline. Closed sales were down by 2.3% from last year (they were up by 24.5% in November). At the same time, new pending sales decreased by 4.9% compared to last year (which increased by 8.8% last month).

Prices were up for December as compared to last year, however not as fast as in previous months.  The median sales price increased from last year by 1.8% (up by 12.8% in November) while the average sales price increased by 5.4% (up by 41.8% last month).

The inventory of available single-family homes increased by 5 homes to 590. This is an 18.2% greater inventory than last December.  The current supply of homes is 3.6 months.  For December of last year, it was 3.1 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7 month supply of inventory.

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

Martin County Single Family Homes December 2023 Market Report
Click here to download the full report

Click here to view the previous Martin County single-family homes market reports

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 Single Family Homes December 2023 Market Report

Whispering Sound Real Estate Market Report February 2024

02.03.24 by

Whispering Sound Real Estate Market Report February 2024

 As of February 2024, there are 2 homes available for sale in Whispering Sound in Palm City, FL.  The list prices are $390,000 and $415,000. This is an average list price of $402,500 which equals $255.24 per sq. ft. of living area.

There are also 2 Whispering Sound homes currently under contract.  The list prices were $375,000 and $489,000. This equals an average list price of $432,000 which is $249.86 per sq. ft. of living area.  These homes were on the market for an average of 17 days before going under contract.

In the past 12 months, 19 Whispering Sound homes have sold. Sales prices ranged from a low of $275,000 up to a high of $410,000.  This works out to an average sales price of $366,153 which equals $232.42 per sq. ft. of living area.  These sales prices averaged 98% of the list price. And, they went under contract in an average of 34 days after going on the market.

Click here to view the previous Whispering Sound market report!

About Whispering Sound in Palm City FL:

Whispering Sound in Palm City FL
Image courtesy of Google Earth

Whispering Sound is a gated age-restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’s Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants, and medical facilities are also very close to Whispering Sound.

Whispering Sound in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two-car or one-car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

This active 55+ community boasts an active clubhouse with a heated swimming pool, spa, tennis courts, and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

Whispering Sound in Palm City FL
Whispering Sound in Palm City FL

Search for all Whispering Sound Homes for Sale in Palm City FL

Recent market reports:

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

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

Palm City Real Estate is presented by:
the Gabe Sanders realty team

Whispering Sound Real Estate Market Report February 2024