Martin County Single Family Homes March 2018 Market Report

05.04.18 by

Martin County Single Family Homes March 2018 Market Report

The Martin County Single Family Homes March 2018 Market Report showed mixed sales reports as compared to last March.  Closed sales were up by 0.4% (was down by 8.6% in February).  While new pending sales decreased by 7.4% as compared to March 2017 (Decreased by 11.1% in February).

Prices, however, continue to go up though at a more moderate rate. The median sales price up by 3.8% from last year (up by 5.7% in February) while the average price increased by 4.5% (was up by 8.5% last month).

The inventory of available single-family homes increased from last month by 5 homes to 1041 units for March,  this is 4.8% less than last March.  The current supply of homes is 5.1 months, for March of last year, it was a 5.5 months supply.  We’re still 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 March 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes March 2018 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 March 2018 Market Report

Fairwinds Cove Condos in Jensen Beach April 2018 Market Update

04.20.18 by

Fairwinds Cove Condos in Jensen Beach April 2018 Market Update

There are currently 2 condos for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. These condos were listed for $255,000 and $295,000 for an average list price of $275,000 or $249.55 per square foot of living area.

There are also no condos currently under contract at this time.

In the past 12 months, only 1 Fairwinds Cove condo has sold.  The sales price was of $255,000 which equals $1231.40 per square foot of living area.  This condo solf for 98% of list price and was on the market for 5 days before going under contract.

About Fairwinds Cove in Jensen Beach FL:

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).

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 full kitchen, meeting room, fitness room, billiards and more.  Fairwinds Cove also has deeded docks with great access to fishing, water sports and only a few minutes to the crystal clear waters of the Atlantic Ocean.

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.

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Fairwinds Cove Condos in Jensen Beach April 2018 Market Update

Martin County Single Family Homes February 2018 Market Report

04.04.18 by

Martin County Single Family Homes February 2018 Market Report

The Martin County Single Family Homes February 2018 Market Report had weaker closed sales for the month but an increase in pending sales as compared to last February.  Closed sales were down by 8.6% (was up by 11.0% in January).  While new pending sales decreased by 11.1% as compared to February 2017 (Decreased by 22.0% in January).

Prices were mixed with the median sales price up by 5.7% from last year (down by 2.4% in January) while the average price decreased by 8.5% (was up by 1.2% last month).

The inventory of available single-family homes increased from last month by 3 homes to 1036 units for January,  this is  9.2% less than last February.  The current supply of homes is 5.1 months, for February of last year, it was a 5.8 months supply.  We’re still 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 February 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes February 2018 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 February 2018 Market Report

Martin County Single Family Homes January 2018 Market Report

03.13.18 by

Martin County Single Family Homes January 2018 Market Report

The Martin County Single Family Homes January 2018 Market Report showed mixed results to start the year.  Closed sales were up while pending sales (future closed sale) were off.  Closed sales were up by 11.0% (was down by 7.2% in December).  While new pending sales decreased by 22.0% as compared to January 2017 (Decreased by 23.1% in December).

Prices were mixed with the median sales price down by 2.4% from last year (up by 8.8% in December) while the average price increased by 1.2% (was down by 0.6% last month).

The inventory of available single-family homes increased from last month by 108 homes to 1033 units for December,  this is  8.7% less than last January.  The current supply of homes is 5.0 months, for January of last year, it was a 5.8 months supply.  We’re still 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 January 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes January 2018 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 January 2018 Market Report

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

03.09.18 by

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2017 Yearly Review had stronger activity when compared to 2016.  Year to year closed sales was up by 5.4% as compared to 2016 which saw a decrease of 6.6% and new sales under contract (new pending sales) increased by 6.0% (2016 saw a decrease of 11.5%).

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices increased significantly (year to year) by 18.9% and 13.0% respectively (2016 numbers were 5.9% and 2.9%).  Prices continue to rise.

Inventory decreased by 5.7% as compared to 2016’s increase of 8.1%. While the supply of inventory decreased to 5.1 months as compared to 5.7 months for 2016.  An even stronger seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2017 Yearly Review

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 Townhouse and Condo Sales 2017 Yearly Review

St Lucie County Single Family Home Sales 2017 Yearly Review

03.08.18 by

St Lucie County Single Family Home Sales 2017 Yearly Review

The St Lucie County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had improved market activity for single family homes throughout the year of 2017.   Year to year closed sales was up by 4.3% (was down by 1.6% in 2016) and new sales under contract (new pending sales) increased by 0.8% (was down by 3.8% in 2016).

St Lucie County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices were up (2016 to 2017) by 13.9% and 10.6% respectively.   Showing strong gains in value, but not quite as much as in the last two years.  These numbers were 16.1% and 15.9% respectively in 2016.

The inventory of available homes for sale decreased by 8.5% from 2016 (When there was a 6.6% increase).  While the months supply of homes dropped to 3.4 months from 3.9 months for 2016.  Still in a strong sellers market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2017 Yearly Review

To view the complete 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 Home Sales 2017 Yearly Review

Martin County Townhouse and Condo Sales 2017 Yearly Review

03.07.18 by

Martin County Townhouse and Condo Sales 2017 Yearly Review

For the Martin County Townhouse and Condo Sales 2017 Yearly Review showed considerably better activity when compared to 2016 for this segment of the Martin County real estate market.   Year to year closed sales was up by 6.7% as compared to 2016 which was down by 8.6% and new sales under contract (new pending sales) increased by 1.0% (2016 saw a decrease of 6.2%).

Martin County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices were up (year to year) by 3.3% and 2.4% respectively (2016 numbers were 4.2% and 7.5%). Not as large an increase as in previous years which is much more sustainable.

Inventory decreased by 7.3% as compared to 2016’s decrease of 14.2%. While the supply of inventory dropped to 4.0 months as compared to 4.6 months for 2016.  Remaining in a seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2017 Yearly Review

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 Townhouse and Condo Sales 2017 Yearly Review

Martin County Single Family Home Sales 2017 Yearly Review

03.06.18 by

Martin County Single Family Home Sales 2017 Yearly Review

The Martin County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors showed better activity when compared to 2016 for the Martin County single family housing market.   Year to year closed sales was up by 2.7% (was down by 4.1% in 2016) and new sales under contract (new pending sales) decreased by 0.3% (was down by 8.1% in 2016).

Martin County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices continued to rise (2016 to 2017) by 8.7% and 9.4% respectively.  These values were 4.3% and 0.0% respectively in 2016.

The inventory of available homes for sale decreased by 7.3% from 2016.  While the months supply of homes decreased to 4.5 months.  Still a seller’s market.  Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2017 Yearly Review

To view the complete 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 Home Sales 2017 Yearly Review

Florida Townhouse and Condo Sales 2017 Yearly Review

03.05.18 by

Florida Townhouse and Condo Sales 2017 Yearly Review

The Florida Townhouse and Condo Sales 2017 Yearly Review showed improved results from last year.   Year to year closed sales were up by 2.9% as compared to 2016 which saw a decrease of 4.2% and new sales under contract (new pending sales) decreased by 2.3% (2016 saw a decrease of 7.4%).

Florida Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices were up (year to year) by 7.8% and 6.5% respectively (2016 numbers were 6.7% and 1.1%).

Inventory decreased by 4.0% as compared to 2016’s increase of 7.9%. While the supply of inventory dipped to 5.6 months as compared to 6.0 months for 2016.  A seller’s market for Florida townhouses and condos.

 Click here to view or download the full report:  Florida Townhouse and Condo Sales 2017 Yearly Review

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouse and Condo Sales 2017 Yearly Review

Florida Single Family Home Sales 2017 Yearly Review

03.04.18 by

Florida Single Family Home Sales 2017 Yearly Review

The Florida Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors shows that this last year continued the positive momentum with slightly greater rate than last year.   Year to year closed sales were up by 1.2% (was up by 0.9% in 2016) and new sales under contract (new pending sales) increased by 0.1% (was down by 4.1% in 2016).

Florida Single Family Home Sales 2017 Yearly Review

Both median and average sales prices were up (2016 to 2017) by 8.0% and 7.8% respectively.   Showing continued gains in value.  These numbers were 12.2% and 6.2% respectively in 2016.

The inventory of available homes for sale decreased by 7.1% from 2016.  While the months supply of homes decreased to 3.6 months.  Indicating that Florida single-family homes are still in a seller’s market.

Click here to view or download the full report:
Florida Single Family Home Sales 2017 Yearly Review

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Home Sales 2017 Yearly Review

Foxwood Stuart FL February 2018 Market Update

02.10.18 by

Foxwood Stuart FL February 2018 Market Update

 As of February 2018, there are 2 homes on the market in the Foxwood equestrian community in Stuart, FL.  List prices are $419,900 and $549,900 for an average list price of $484,900 which works out to $206.86 per sq. ft. of living area.

There is 1 home under contract at this time.  It was listed for $624,900 or $226.91 per sq. ft. of living area.  This home was on the market for 56 days before going under contract.

In the past 12 months there were a total of 7 sales in this sought after Stuart community.  Sales prices ranged from $285,000 to $445,000 for an average of $$372,843 which equals $150.14 per sq. ft. of living area.  These sales averaged a sales price of 97% of the last list price and took an average of 73 days on the market before going under contract.

About Foxwood in Stuart FL:

Foxwood 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.  Horses are permitted with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood Stuart FL

Association fees are a very reasonable $450 per year.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association web site: Foxwood Property Association of Stuart Florida

Foxwood Stuart FL

Construction of homes in Foxwood began in 1978.  Four phase 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.

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

Search the Martin County MLS

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 Stuart FL February 2018 Market Update

Whispering Sound Palm City February 2018 Real Estate Market Report

02.04.18 by

Whispering Sound Palm City February 2018 Real Estate Market Report

 There 2 homes for sale in Whispering Sound in February 2018.  They are on the market with list prices of $234,900 and $239,900 or an average of $237,400 which equals $141.77 per sq. ft. of living area.

There is one home under contract. The list price was $205,000 or $135.76 per sq. ft. of living area.  This home was on the market for 146 days before going under contract.

In the past 12 months, 19 homes have sold in this Whispering Sound. Sales prices ranged from a low price of $172,000 up to a high of $237,000 for an average sales price of $214,379 which equals $134.83 per sq. ft. of living area.  These sales averages 97% list to sales price ratio and went under contract in an average of 36 days.

About Whispering Sound in Palm City FL:

Whispering Sound Palm City

Whispering Sound is a gated age restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ 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 Homes for Sale 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.

Whispering Sound Homes for Sale in Palm City FL

Clubhouse of Whispering Sound Homes for Sale in Palm City FL

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

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Whispering Sound Palm City February 2018 Real Estate Market Report

Martin County Single Family Homes December 2017 Market Report

01.30.18 by

Martin County Single Family Homes December 2017 Market Report

The Martin County Single Family Homes December 2017 Market Report had weaker closed sales for December but a very strong number of new pending sales.  Closed sales were down by 7.2% (was up by 11.9% in November).  While new pending sales increased by 23.1% as compared to December of 2016 (Decreased by 4.7% in November).

Prices were mixed with the median sales price up by 8.8% from last year (up by 13.1% in November) while the average price decreased by 0.6% (was down by 4.3% last month).

The inventory of available single family homes decreased from last month by 61 homes to 925 units for December,  this is  7.1% less than last December.  The current supply of homes is 4.5 months, for December of last year it was also 5.0 months supply.  A strong 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 December 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes December 2017 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 December 2017 Market Report

Crane Creek in Martin Downs January 2018 Housing Market Update

01.21.18 by

Crane Creek in Martin Downs January 2018 Housing Market Update

Crane Creek in Martin Downs

As of January 2018, there are 8 homes actively listed in Crane Creek.  List prices range from $399,900 up to $649,000 for an average list price of $506,573 which equals $158.23 per sq. ft. of living area.

There is one Crane Creek home under contract and awaiting settlement, which was listed for $649,500 or $139.14 per sq. ft. of living area.  This home was on the market for 168 days before going under contract.

In the past 12 months, there have been 16 sales in Crane Creek with sales prices ranging from $285,000 up to $645,000 for an average sales price of $446,872 which works out to $153.05 per sq. ft. of living area. The average days on market was 71 with a 95% list to sales price ratio.

About Crane Creek in Palm City:

The coast of Florida on the eastern side offers many wonderful locations. One of the secret attractions is Crane Creek real estate development. This community is found within 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.

  • 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

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.

  • a spectacular clubhouse
  • 2 championship golf courses
  • 12 tennis courts
  • 2 swimming pools
  • a fully equipped fitness center

Crane Creek in Martin Downs

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. There is talk of an equestrian facility being placed on site within Martin Downs Country Club. 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. Furthermore, 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

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Crane Creek in Martin Downs January 2018 Housing Market Update

Martin County Single Family Homes November 2017 Market Report

01.02.18 by

Martin County Single Family Homes November 2017 Market Report

The Martin County Single Family Homes November 2017 Market Report showed better activity after two months of weaker results.  The weaker activity may have been hurricane related.  Closed sales were up by 11.9% (was down by 5.1% in October).  While new pending sales decreased by 4.7% as compared to November of 2016 (Decreased by 11.7% in October).

Prices were mixed with the median sales price up by 13.1% from last year (up by 10.2% in October) while the average price decreased by 4.3% (was up by 21.8% last month).

The inventory of available single family homes decreased from last month by 13 homes to 986 units for November,  this is  4.1% less than last November.  The current supply of homes is 4.8 months, for November of last year it was also 5.2 months supply.  Still 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 November 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes November 2017 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 November 2017 Market Report

Windjammer Waterfront Condos December 2017 Market Report

12.10.17 by

Windjammer Waterfront Condos December 2017 Market Report

As of December 2017, there are 5 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $178,500 up to $229,900.  The average list price is $215,460 which equates to a price per square foot of living area of $180.91.

Currently, there are 2 condos under contract which has not sold as of this writing.  These condos were listed for $235,000 and $312,500 for an average list price of $273,750 or $229.85 per sq. ft. of living area and went under contract 108 days after it was listed.

In the past 12 months, 9 Windjammer Waterfront Condos have sold.  Sales prices ranged from $130,000 up to $300,000 for an average sales price of  $205,044 which equals $172.16 per sq. ft.  These condos sold for an average of 94% of the last list price and were on the market for an average of 130 days prior to accepting an offer.

Windjammer Waterfront Condos Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access.  There are 130 2 bedroom, 2 bathroom condos with porches.

Windjammer Waterfront Condos
Docks are deeded to the condos and are owned by the unit owners.  (Not every condo has an accompanying dock)  Dock sizes vary and go up to a 16′ beam and 40′ length.  Rentals are allowed with restrictions and 1 small pet is also allowed.
 Windjammer Waterfront Condos Windjammer Waterfront Condos

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Windjammer Waterfront Condos Homes for Sale in Palm City Florida

 

Windjammer Waterfront Condos December 2017 Market Report

Martin County Single Family Homes October 2017 Market Report

12.05.17 by

Martin County Single Family Homes October 2017 Market Report

The Martin County Single Family Homes October 2017 Market Report showed a second month of weaker activity from last year. This decrease may be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 5.1% (was down by 20.3% in September).  While new pending sales decreased by 11.7% as compared to October of 2016 (Decreased by 40.5% in September).

Prices continued to rise with the median sales price up by 10.2% from last year (up by 12.1% in September) while the average price increased by 21.8% (was up by 3.6% last month).

The inventory of available single family homes increased from last month by 11 homes to 979 units for October,  this is  1.1% less than last October.  The current supply of homes is 4.8 months, for October of last year it was also 5.0 months supply.  Still 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.

October 2017 Martin County Single Family Homes Market Report

Click here to view or download the full report:
Martin County Single Family Homes October 2017 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 October 2017 Market Report

Sunset Trace Palm City December 2017 Market Report

12.03.17 by

Sunset Trace Palm City December 2017 Market Report

As of December 2017, there is only one home for sale in Sunset Trace.  The list price is $194,500 or $144.50 per square foot of living area.

There are 2 homes under contract and awaiting settlement.  The list prices were $170,000 and $184,000 for an average list price of $177,000 which equals $133.94 per sq. ft. of living area.  These homes were on the market for an average of 61 days prior to going under contract.

In the past 12 months, 46 homes have sold in Sunset Trace.  Sales prices ranged from a low of $120,000 up to $184,900 for an average sales price of $150,074 which equals $114.16 per sq. ft. of living area.  These homes sold for an average of 97% of their final list price and went under contract in an average of 24 days of being on the market.

 About 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 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 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.

All ages are welcome in Sunset Trace and 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.

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Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City December 2017 Market Report

Martin County Single Family Homes September 2017 Market Report

10.31.17 by

Martin County Single Family Homes September 2017 Market Report

The Martin County Single Family Homes Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 20.3% (was up by 30% in August).  While new pending sales decreased by 40.5% as compared to September of 2016 (Decreased by 14.5% in August).

Prices continued to rise with the median sales price up by 12.1% from last year (up by 17.4% in August) while the average price increased by 3.6% (was up by 23.3% last month).

The inventory of available single family homes decreased from last month by 55 homes to 968 units for September,  this is  0.3% less than last September.  The current supply of homes is 4.7 months, for September of last year it was also 4.9 months supply.  Still 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 September 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes September 2017 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 September 2017 Market Report

Martin County Single Family Homes August 2017 Market Report

10.04.17 by

Martin County Single Family Homes August 2017 Market Report

The Martin County Single Family Homes Market Report for August 2017 showed mixed results when compared to last August.  Closed sales were up by an impressive 30% (were unchanged in July).  While new pending sales decreased by 14.5% as compared to August of 2016 (Increased by 22.3% in July).

Prices continued to rise rapidly with the median sales price up by 17.4% from last year (up by 10.9% in July) while the average price increased by 23.3% (was down by 7.2% last month).

The inventory of available single family homes decreased from last month by 45 homes to 1,023 units for August,  this is  4.3% greater than last August.  The current supply of homes is 4.9 months, for August of last year it was also 4.9 months supply. (This is unchanged from last year).  Still 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 August 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes August 2017 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 August 2017 Market Report