Martin County Townhouses and Condos June 2024 Market Report

07.26.24 by

Martin County Townhouses and Condos June 2024 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 23.9%.  They were up by 21.1% in May.  New sales under contract (new pending sales) were down 13.1% from last year.  They were down by 18.4% in May.

Prices were down for June.  The median sales price decreased by 5.5% (was down by 1.7% last month). And, the average sales price decreased by 10.2% (was down by 11.6% in May).

The available townhouses and condos inventory decreased by 30 units to 531 properties.  This is an 85.0% greater supply of inventory than we had in June 2023.  Currently, there’s a 6.2-month supply of inventory (compared to 3.3 months for June 2023).  We remain in a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos June 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos June 2024 Market Report

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

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 Townhouses and Condos May 2024 Market Report

06.24.24 by

Martin County Townhouses and Condos May 2024 Market Report

The Martin County Townhouses and Condos real estate market showed stronger sales activity when compared to last year. Even as we continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were up by 21.1%.  They were down by 4.2% in April.  New sales under contract (new pending sales) were down 18.4% from last year.  They were up by 20.4% in April.

Prices were down for May.  The median sales price decreased by 1.7% (was down by 0.8% last month). And, the average sales price decreased by 11.6% (was down by 14.6% in April).

The available townhouses and condos inventory increased by 7 units to 561 properties.  This is an 88.3% greater supply of inventory than we had in May 2023.  Currently, there’s a 6.4-month supply of inventory (compared to 3.5 months for May 2023).  We’ve re-entered a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos May 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos May 2024 Market Report

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

Locks Landing Real Estate Market Report June 2024

06.19.24 by

Locks Landing Real Estate Market Report June 2024

As of June 2024, no Locks Landing homes are for sale in Stuart Florida.

Also, no Locks Landing homes are currently under contract.

In the past 12 months, 11 Locks Landing homes have been sold in Martin County.  Sales prices ranged from $690,000 up to $925,000.  This is an average sales price of $784,909 which is $334.64 per sq. ft. of living area. These sales averaged 98% of the list price. And, they went under contract in an average of 37 days after being listed.

Click here to view the previous Locks Landing market report!

About Locks Landing in Stuart FL:

Locks Landing in Stuart Florida
Google Earth image

Locks Landing in Stuart Florida is a gated planned unit community of 243 homes on the southeastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Waterway at Phipps Park in Stuart, Florida.

Locks Landing in Stuart Florida
Google Earth image

Homes range in size from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots.   Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway.  This wonderful family neighborhood boasts several docks with available water and electricity.  Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of freshwater fishing.  For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate.  The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches, and all the amenities that Martin County has to offer.  This family-friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School, and South Fork High School

Locks Landing in Stuart FL

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing 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.

Locks Landing Real Estate Market Report June 2024

Snug Harbor Real Estate Market Report June 2024

06.15.24 by

Snug Harbor Real Estate Market Report June 2024

As of June 2024, there are 2 Snug Harbor homes for sale in Stuart, FL. The list prices are $3,950,000 and $8,900,000. This is an average list price of $6,425,000 which equals $987.36 per sq. ft. of living space.

There are also no homes currently under contract.

No Snug Harbor homes have sold in the past 12 months.

Click here to view the previous Snug Harbor market report!

About Snug Harbor:

Snug Harbor in Stuart Florida
Google Earth image

Snug Harbor remains one of the most desirable locations in Stuart, FL. Located on the wide Saint Lucie River just east of the city of Stuart Florida is this unique subdivision.

Snug Harbor in Stuart Florida
Google Earth image

Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944.  They then formed the Snug Harbor Corporation, which controlled the ownership of the lots.

In 1975 the deeds were distributed and/or sold to the current owners. A condominium form of ownership was established under the name of the Snug Harbor Yacht Club. Snug Harbor contained both waterfront and non-waterfront homes and estates.  All are very conveniently located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants, and recreational areas.

Snug Harbor in Stuart Florida
Google Earth image

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a clubhouse, deep water marina, boat ramp, trailer parking, and tennis courts. There is an active association with social activities year-round that makes this community a very attractive place to call home.

Please contact Gabe Sanders (772-888-2885), a Snug Harbor resident, if you would like any information about this wonderful community.

Search here for:

Snug Harbor 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.

Snug Harbor Real Estate Market Report June 2024

Plantation House Real Estate Market Report June 2024

06.14.24 by

Plantation House Real Estate Market Report June 2024

For June 2024, there are 2 condos for sale in the Plantation House of Hutchinson Island.  These condos have list prices of $799,000 and $985,000. This is an average list price of $892,000 or $714.17 per sq. ft. of living area.

There is 1 Plantation House condo in pending status at this time. The list price was $995,000 which is $796.64 per sq. ft. of living space. This condo was on the market for 42 days before going under contract.

In the past 12 months, there have been 3 Plantation House sales. The sales prices ranged from $640,000 to $950,000. This is an average sales price of $818,333 which equals $655.19 per sq. ft. of living area. These condos were on the market for an average of 39 days before going under contract. And, the sales prices averaged 95% of the last list price.

Click here to view the previous Plantation House market report!

About the Plantation House on Hutchinson Island in Indian River Plantation:

Plantation House condos in Indian River Plantation on Hutchinson Island in Stuart Florida
Google Earth image

On the shores of the Atlantic Ocean, the Plantation House Condos are in the Indian River Plantation community.  Located on South Hutchinson Island and anchored by the Marriott Resort in Stuart FL.

Plantation House condos in Indian River Plantation on Hutchinson Island in Stuart Florida
Google Earth image

The Plantation House was built in 1979 and has 39 2-bedroom, 2-bathroom condos.   They range in size from 1249 sq. ft. of living area up to 1393 sq. ft.  All units have Ocean Views.   There’s an Oceanside pool as well as under-building parking and some free-standing garages that come with the Plantation House condos.

Indian River Plantation amenities include a golf course, full-service marina, tennis courts, tiki bar, and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Plantation House condos in Indian River Plantation on Hutchinson Island in Stuart Florida

Click here to view available Plantation House condos for Sale

Plantation House condos for sale in Indian River Plantation on Hutchinson Island

Other Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

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.

Plantation House Real Estate Market Report June 2024

Bay Colony of Stuart Market Report June 2024

06.02.24 by

Bay Colony of Stuart Market Report June 2024

As of June 2024, no homes were available for sale in the Bay Colony of Stuart.

There are also no Bay Colony of Stuart homes currently under contract.

One Bay Colony home has sold in the past 12 months. The sales price was $1,690,000 which is $476.19 per sq. ft. of living area. This home was on the market for only 19 days before going under contract. And, it sold for 100% of the list price.

Click here to view recent Bay Colony market reports!

About the Bay Colony of Stuart:

Bay Colony in Stuart Florida
Google Earth image

The Bay Colony of Stuart is an exclusive gated community lying on the shores of the North Fork of the Saint Lucie River.  There are 34 homesites in Bay Colony and as of February 2019, only two vacant lots remain.

Bay Colony of Stuart
Google Earth image

Many homes in Bay Colony are waterfront and enjoy gorgeous mile-long wide-open views of the river.  Homes come in sizes from 3-bedroom, 2-bathroom homes of just over 2,000 sq. ft. of living area up to a 5-bedroom, 5-bathroom home with over 5,000 sq. ft. of living space and almost 6,300 sq. ft. under roof.  Homes have been built from 1979 to the newest, completed in 2005.

This community enjoys low HOA fees which go towards maintaining the common areas, management fees, trash pickup, and gate.

Excellent location that’s close to the Treasure Coast Mall and the shopping areas of US-1 in Jensen Beach. And, only a few minutes to the beaches of the Atlantic Ocean.

Bay Colony of Stuart
Google Earth image

This community is in the Martin County School system. Children attend the Felix Williams Elementary, Stuart Middle, and Jensen Beach High Schools.

Bay Colony of Stuart

 Search here for:

Bay Colony 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.

Bay Colony of Stuart Market Report June 2024

Martin County Single Family Homes 2024 1st Quarter Report

05.30.24 by

Martin County Single Family Homes 2024 1st Quarter Report

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

Martin County Single Family Homes 2024 1st Quarter Report
Martin County Single Family Homes 2024 1st Quarter Report

The Martin County single-family home real estate market showed slightly weaker sales activity when compared to last year. Prices and inventory both rose for this quarter. Interest rates remain high. So, I expect sales to remain somewhat sluggish, though we remain in a seller’s market for Martin County single-family home sales.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2024 1st Quarter Report

Martin County Townhouses and Condos April 2024 Market Report

05.25.24 by

Martin County Townhouses and Condos April 2024 Market Report

The Martin County Townhouses and Condos real estate market showed slightly weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 4.2%.  They were down by 3.5% in March.  New sales under contract (new pending sales) were up 20.4% from last year.  They were down by 17.9% in March.

Prices were down for April.  The median sales price decreased by 0.8% (was up by 18.0% last month). And, the average sales price decreased by 14.6% (was up by 18.5% in March).

The available townhouses and condos inventory increased by 34 units to 554 properties.  This is a 71.0% greater supply of inventory than we had in April 2023.  Currently, there’s a 6.4-month supply of inventory (compared to 3.7 months for April 2023).  We’ve re-entered a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos April 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos April 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

Stuart West Real Estate Market Report May 2024

05.20.24 by

Stuart West Real Estate Market Report May 2024

For May 2024, there are 2 homes for sale in the Stuart West community in Palm City Farms Florida. The list prices are $1,025,000 and $2,225,000 This is an average list price of $1,625,000 or $363.31 per sq. ft. of living area.

There is 1 Stuart West home currently under contract. The list price was $2,500,000 which is $602.12 per sq. ft. of living space. This home was on the market for 32 days before going under contract.

In the past 12 months, 13 Stuart West homes have sold.  Sale prices ranged from $900,000 up to $3,000,000.  This works out to an average sale price of $1,484,808 which is $370.01 per sq. ft. of living area.  These homes sold for an average of 91% of the list price. And, they averaged 125 days on the market before going under contract.

Click here to view the previous Stuart West market report!

About Stuart West in Palm City Farms FL:

Stuart West in Palm City Florida
Google Earth image

Stuart West is an upscale gated equestrian community located adjacent to Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City Florida
Google Earth image

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family-friendly equestrian community.

Community amenities include a playground, a community boat ramp to the C-23 canal, a 10-acre equestrian center, a 24-hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity.  All of this is in Martin County’s ‘A’ rated school system.  And, the school bus service is provided inside the community.

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle, and South Fork High Schools.

Stuart West in Palm City Florida
Google Earth image

Home construction started in Stuart West in 1984 and continues to this day.  There are approximately 50 vacant lots yet to be built upon.  Though, many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.

Stuart West in Palm City Farms FL

More information about Stuart West can be found on their property owners’ website here.

Stuart West Homes for Sale

Search for Stuart West Homes for sale in Palm City FL

Vacant Land for Sale in Stuart West

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.

Stuart West Real Estate Market Report May 2024

Legacy Cove Real Estate Market Report May 2024

05.07.24 by

Legacy Cove Real Estate Market Report May 2024

For May 2024, there are 2 homes listed for sale in Legacy Cove in Stuart, FL. The list prices are $799,000 and $997,000. This is an average list price of $898,000 which equals $312.95 per sq. ft. of living area.

Currently, there are 6 Legacy Cove homes under contract. The list prices ranged from $529,000 up to $849,000. This equals an average list price of $693,167 or $303.26 per sq. ft. of living space. These homes averaged 45 days on the market before going under contract.

In the past 12 months, 8 Legacy Cove homes have sold. The sales prices ranged from $495,000 up to $804,000. This is an average sales price of $649,875 which works out to $292.40 per sq. ft. of living area.  These sales averaged 99% of the list price. And, they went under contract in an average of 22 days after going on the market.

Click here to view the previous Legacy Cove market report!

About Legacy Cove in Stuart FL:

Legacy Cove real estate in Stuart Florida
Google Earth image

This gated community of lakeside homes has 229 residences located just off Cove Road in Stuart, Florida.  Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005.  The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007.  Some homes are yet to be completed in Cove Lakes.

Legacy Cove real estate in Stuart Florida
Google Earth image

There’s a wide variety of homes in Legacy Cove, ranging from the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to  4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two-story homes with almost 4,000 square feet of living area.  And many sizes in between.

Legacy Cove boasts a community pool and clubhouse with a fitness center as well as two hard-surfaced tennis courts.  Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling.  Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove real estate in Stuart Florida
Google Earth image

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood Elementary School, Dr. David L Anderson Middle School, and Martin County High School.

Legacy Cove in Stuart FL
Clubhouse
Legacy Cove in Stuart FL
Tot Lot

Residents of Legacy Cove in Stuart FL enjoy a relaxing lifestyle with easy access to restaurants, shopping, and the many waterways, beaches, and public parks that Martin County has to offer.

Search here for Legacy Cove 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.

Legacy Cove Real Estate Market Report May 2024

Ocean House Real Estate Market Report May 2024

05.05.24 by

Ocean House Real Estate Market Report May 2024

May 2024 Market Report for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently, there are no condos on the market in Ocean House. The list price is $1,099,888 which is $820.81 per square foot of living area. 

No Ocean House condos are currently under contract and in pending status.

In the past 12 months, there have been 3 Ocean House condo sales.  Sales prices ranged from $850,000 up to $975,000.  This is an average sales price of $911,000 which equals $679.85 per square foot of living area.  These condos sold for an average of 93% of the list price. And, they went under contract in an average of 75 days after being listed.

Click here to view the previous Ocean House market report!

About Ocean House Condos in Indian River Plantation:

Ocean House condos in Indian River Plantation on Hutchinson Island
Google Earth image

Ocean House condos for sale:

One of the newest buildings in the Indian River Plantation, Ocean House, is also the most magnificent.  It consists of 79 Luxury Condo units of either 2 or 3 spacious bedrooms with amenities galore.  All suites have ocean views, even the first-floor units, which are the equivalent of being on the third floor as there are two parking levels for residents to enjoy covered parking.

Ocean House condo real estate in Indian River Plantation on Hutchinson Island in Stuart FL
Google Earth image

Ocean House has a newly renovated clubhouse area featuring an updated kitchen with granite countertops and stainless steel appliances.  Two flat-screen televisions and free Wi-Fi for those who need connectivity.

Ocean House condo real estate in Indian River Plantation on Hutchinson Island in Stuart FL

A heated pool and lanai area that’s perfect for lounging close to the beach, or walking down your private access to enjoy the crystal blue waters of your private Atlantic ocean beach.

Barbecue area with a Tiki Hut for those nights that you want to eat out under the stars.

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.

Ocean House condo real estate in Indian River Plantation on Hutchinson Island in Stuart FL
Google Earth image

The Hutchinson Island Marriott Beach Resort and Marina stretch across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings, and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio, and Player Designs.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep-sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Ocean House at Indian River Plantation

Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas, and supervised activities for both children and teens.

Search for all Ocean House Condos for sale

Search for Ocean House condos in Indian River Plantation on Hutchinson Island in Stuart FL.

Search for all Indian River Plantation Condos for sale

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

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

Ocean House Real Estate Market Report May 2024

Martin County Townhouses and Condos March 2024 Market Report

04.23.24 by

Martin County Townhouses and Condos March 2024 Market Report

The Martin County Townhouses and Condos real estate market showed weaker sales activity when compared to last year. We continue to encounter headwinds of economic uncertainties and high mortgage rates. Closed sales for the month were down by 3.5%.  They were up by 2.4% in February.  New sales under contract (new pending sales) were down 17.9% from last year.  They were unchanged in February.

Prices were up for March.  The median sales price increased by 18.0% (was down by 6.8% last month). And, the average sales price increased by 18.5% (was down by 0.5% in February).

The available townhouses and condos inventory decreased by 28 units to 520 properties.  This is a 79.9% greater supply of inventory than we had in March 2023.  Currently, there’s a 6.0 months supply of inventory (compared to 3.3 months for March 2023).  We’ve re-entered a balanced market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos March 2024 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos March 2024 Market Report

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

Sewalls Landing Real Estate Market Report April 2024

04.03.24 by

Sewalls Landing Real Estate Market Report April 2024

For April 2024, there is 1 home for sale in Sewalls Landing, The list price is $1,300,000 which is $402.23 per sq. ft. of living area.

There are no Sewalls Landing homes currently under contract.

In the past 12 months, there have been 5 Sewalls Landing home sales. The sales prices ranged from $740,000 up to $1,250,000. This is an average sales price of $967,400 which equals $356.92 per sq. ft. of living area. These homes were on the market for an average of 30 days before going under contract. And, they sold for 93% of the list price.

Click here to view the previous Sewalls Landing market report!

About Sewalls Landing:

Sewalls Landing real estate in Jensen Beach Florida
Google Earth image

Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls Landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park, and much, much more. 

Sewalls Landing real estate in Jensen Beach Florida
Google Earth image

This gated community consists of 51 home sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generously sized lots from just under a ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3-car garages.  Sewalls Landing residents enjoy low HOA fees.

Children attend Felix Williams Elementary, Stuart Middle, and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought-after community in Martin County, FL.

Sewalls Landing real estate in Jensen Beach Florida

Search for Sewalls Landing 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.

Sewalls Landing Real Estate Market Report April 2024

South Fork Estates Real Estate Market Report March 2024

03.27.24 by

South Fork Estates Real Estate Market Report March 2024

There are no homes for sale in the South Fork Estates in Stuart FL for March 2024.

There are 2 South Fork Estates homes under contract at this time. The list prices were $899,900 and $975,000. This equals an average list price of $937,450 or $336.37 per square foot of living area. These homes were on the market for an average of 17 days before going under contract.

In the past 12 months, there have been 2 South Fork Estates home sales.  Sales prices were $699,000 and $925,000.  This works out to an average sales price of $812,000 which is $363.63 per square foot of living area.   These homes averaged 48 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here for the previous South Fork Estates market report!

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart Florida
Google Earth image

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

South Fork Estates in Stuart Florida
Google Earth image

There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3-car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

South Fork Estates in Stuart Florida
Google Earth image

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates is a great community to call home.

Search for homes for sale in South Fork Estates

Search for South Fork Estates homes for sale

Recent market reports:

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

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

South Fork Estates Real Estate Market Report March 2024