Martin County Single Family Homes May 2019 Market Report

Martin County Single Family Homes May 2019 Market Report

The Martin County Single Family Homes May 2019 Market Report showed improved sales activity when compared to last May but not quite as robust as last month.  Closed sales were up by 1.1% (were up by 13.7% in April).  While new pending sales increased by 1.8% as compared to May 2018 (they increased by 3.0% in April).

Prices were mixed for May.  The median sales price was up by 3.8% from last year (down by 1.4% in April) while the average sales price decreased by 0.2% (was down by 14.5% last month).

The inventory of available single-family homes decreased from last month by 33 homes to 1071 units for May,  this is a 12.3% greater inventory than last May.  The current supply of homes is 5.4 months.  For May of last year, it was a 4.7 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes May 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes May 2019 Market Report

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 2019 Market Report

Crane Creek in Martin Downs July 2019 Market Report

Crane Creek in Martin Downs July 2019 Market Report

Crane Creek in Martin Downs

As of July 2019, there are 12 homes actively listed in Crane Creek.  List prices range from $395,000 up to $774,999.  This is an average list price of $540,491 which equals $176.71 per sq. ft. of living area.

There is only 1 3 Crane Creek home under contract and awaiting settlement.  This home was listed for $719,000 which is $170.42 per sq. ft. of living area. This home was on the market for 353 days before going under contract.

In the past 12 months, 25 sales have taken place in Crane Creek with sales prices ranging from $300,000 up to $775,000.  This works out to an average sales price of $478,174 or $145.74 per sq. ft. of living area. The average days on the market before going under contract was 83 with a 97% average list to sales price ratio.

About Crane Creek in Palm City:

Crane Creek in Martin Downs in Palm City

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 Martin Downs in Palm City

  • An abundance of parks to soak in the outdoors  from a climate that allows for it year round; fields for football, soccer, baseball, softball, lacrosse, tennis and basketball courts, skate rinks and parks, horseshoes, playgrounds, picnic areas, shelters, boat ramps and much more
  • A wide variety of fishing from saltwater to freshwater, surf to pier to deep water, charter, novice, and expert, tournament or hobby
  • An assortment of arts and culture; musicals, plays, movie theaters, miniature golf, pleasure cruises, restaurants, fine art collections, gift shops, festivals, art shows, museums, theme parks
  • A large range of shopping experiences including leading retailers, specialty shops, charming boutiques, malls

Crane Creek in Martin Downs in Palm City

Crane Creek real estate is situated within Martin Downs Country Club. 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 Martin Downs in Palm City

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 style and choices from condominiums to estate homes. The parcels also have as much variation with 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 from 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 is fishing, golf, and horses. An equestrian facility would bring horse shows and an increase in revenue for locally owned businesses. Come take a look at all of the extras and all of the expected in this community. Contact us today so we can put our knowledgeable and professional expertise to work for you as you look into becoming part of the Crane Creek real estate undertaking.
Crane Creek in Martin Downs in Palm City

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Crane Creek in Martin Downs July 2019 Market Report

Sunset Trace Palm City June 2019 Market Update

Sunset Trace Palm City June 2019 Market Update

As of June 2019, there are 6 homes for sale in Sunset Trace.  These homes have list prices from $152,900 up to $259,900.  This is an average list price of $180,367 or $136.23 per square foot of living area.

There are 4 homes under contract and awaiting settlement.  The list prices ranged from $169,900 up to $209,000.  This works out to an average list price of $184,450 which equals $135.72 per sq. ft. of living area.  These homes were on the market for an average of 35 days prior to going under contract.

In the past 12 months, 48 homes have sold in Sunset Trace.  Sales prices ranged from a low of $135,000 up to $220,000.  This equals an average sales price of $164,755 or $124.69 per sq. ft. of living area.  These homes sold for an average of 97% of list price and went under contract in an average of 38 days of being on the market.

 About Sunset Trace in Palm City FL:

Sunset Trace in Palm City FL

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.  And 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 in Palm City FL

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community.   DiVosta quad townhomes which 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 in Palm City FL

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, 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 real estate in Palm City FL Sunset Trace Townhouse

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary SchoolHidden 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 in Palm City FL

Sunset Trace in Palm City FL

Sunset Trace in Palm City FL

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Sunset Trace Palm City June 2019 Market Update

Martin County Single Family Homes April 2019 Market Report

Martin County Single Family Homes April 2019 Market Report

The Martin County Single Family Homes April 2019 Market Report had quite a strong April after a few weaker months to start the year.  Closed sales were up by 13.7% (were down by 13.4% in March).  While new pending sales increased by 3.0% as compared to April 2018 (Decreased by 2.3% in March).

Prices were lower for April.  The median sales price was down by 1.4% from last year (up by 0.9% in March) while the average sales price decreased by 14.5% (was up by 0.4% last month).

The inventory of available single-family homes decreased from last month by 2 homes to 1104 units for April,  this is 5.6% less inventory than last April.  The current supply of homes is 5.6 months.  For April of last year, it was a 4.9 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes April 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes April 2019 Market Report

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 2019 Market Report

Island Dunes Condos on Hutchinson Island May 2019 Market Report

 Island Dunes Condos on Hutchinson Island May 2019 Market Report

May 2019 Market Report for Island Dunes Condos on Hutchinson Island in Jensen Beach, FL

There are currently 6 active listings on the market in Island Dunes at prices ranging from $499,000 up to $775,000.  This is an average list price of $655,567 which equals $327.39 per square ft. of living area.

There are 8 condos under contract awaiting closing at this time.  List prices ranged from $349,900 up to $715,000. This equals an average list price of $551,088 which works out to $322.34 per square ft. of living area.  These condos were on the market for an average of 110 days prior to going under contract.

In the past 12 months, 25 condos have sold ranging in sales prices from $170,000 up to $715,000.  This works out to an average sales price of $415,100 or $266.51 per square foot of living area.  These sales averaged 95% of the final list price and averaged 132 days on the market before going under contract.

About the Island Dunes Condos on Hutchinson Island:

Island Dunes Country Club Condos in Jensen Beach

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. 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.

Island Dunes Country Club Condos in Jensen Beach

The Island Dunes Country Club offers a challenging nine-hole golf course on the banks of the wide Indian River,  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

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Island Dunes Condos on Hutchinson Island May 2019 Market Report