Martin County Townhouses and Condos April 2020 Market Report

05.26.20 by

Martin County Townhouses and Condos April 2020 Market Report

The Martin County Townhouses and Condos market is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year.  Closed sales for the month were down by 26.1%.  They were up by 16.7% in March.  New sales under contract (new pending sales) were down by 38.9% from last month.  They were down by 33.1% for February.

Prices, though, were up for April.  The median sales price increased by 4.8% (was up by 25.6% in March). While the average sales price increased by 9.5% (was up by 32.6% in March).

The inventory of available townhouses and condos decreased by 20 units to 418 properties.  This is a 6.3% smaller inventory then we had in April 2019.  Currently, there’s a 4.6 months supply of inventory (compared to 4.7 months for April 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

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 2020 Market Report

Martin County Single Family Homes April 2020 Market Report

05.25.20 by

Martin County Single Family Homes April 2020 Market Report

The Martin County Single Family Homes Market Report is now showing the effects of the current pandemic. Both closed and pending sales are down for the month when compared to last year. Closed sales were down by 25.3% from last month (were up by 7.8% in March).  While new pending sales decreased by 49.8% as compared to last month when they decreased by 31.9%.

Prices were lower for April.  The median sales price was down from last year by 3.6% (it was unchanged in March) while the average sales price decreased by 3.7% (it was down by 7.8% last month).

The inventory of available single-family homes decreased from last month by 5 homes to 965 homes for March. This is 12.6% less inventory than last April.  The current supply of homes is 4.8 months.  For April of last year, it was a 5.6 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 a 6 to 7 month supply of inventory.

Click here to download the full report

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

Recent 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 2020 Market Report

Stuart West Palm City May 2020 Market Report

05.22.20 by

Stuart West Palm City May 2020 Market Report

There are currently 5 homes for sale in Stuart West.  List prices range from $515,000 up to $999,000. This is an average price of $763,600 which is $186.85 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $500,000 or $229.89 per sq. ft. of living area.  This home was on the market for 129 days prior to going under contract.

In the past 12 months, 15 homes have sold in Stuart West.  Sale prices ranged from $495,000 up to $915,000.  This works out to an average sale price of $667,440 which equals a per sq. ft. of living area $204.67.  These homes sold for an average of 95% of list price and averaged 115 days on the market before going under contract.

Click here to view the previous Stuart West market reports

About Stuart West in Palm City Farms FL:

Stuart West in Palm City Farms FL

Stuart West is an upscale gated equestrian community located adjacent to the 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 Farms FL

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.

Stuart West in Palm City Farms FL

Community amenities include a playground, 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 in Martin County’s ‘A’ rated school system.  And the school bus service is provided inside the community.

Stuart West in Palm City Farms FL

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

Stuart West in Palm City Farms FL

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

Vacant Land for Sale in Stuart West

Recent market reports:

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

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

Stuart West Palm City May 2020 Market Report

Martin County Single Family Homes 2020 1st Quarter Report

05.14.20 by

Martin County Single Family Homes 2020 1st Quarter Report

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

Martin County Single Family Homes 2020 1st Quarter Report

The Martin County single-family home market continues to show improved sales volume when compared to the 1st quarter of 2019 last year.   Prices were also higher than this period last year with some very impressive gains.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Recent market reports:

Martin County Single Family Homes 2020 1st Quarter Report

Legacy Cove Stuart FL May 2020 Market Report

05.10.20 by

Legacy Cove Stuart FL May 2020 Market Report

There are currently 4 homes available for sale in Legacy Cove in Stuart, FL.  List prices range from $429,900 up to $519,000.  This is an average list price of $473,447 which works out to $171.39 per sq. ft. of living area.

There are 3 Legacy Cove homes currently under contract awaiting settlement.  List prices ranged from $364,900 up to $445,000.  This is an average list price of $391,633 or $172.09 per sq. ft. of living area.  These homes were on the market for an average of 115 days before going under contract.

In the past 12 months, 9 homes have sold in Legacy Cove. The sales prices ranged from $332,500 up to $545,000. This is an average sales price of $444,611 which works out to $187.43 per sq. ft. of living area.  These sales averaged 98% of list price and went under contract in an average of 71 days after going on the market.

Click here to view the previous Legacy Cove market reports

About Legacy Cove in Stuart FL:

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes 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 in Stuart FL

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 in Stuart FL

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 in Stuart FL

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

The HOA fees are very reasonable at $688.00 per quarter.  Management of the community is through Bristol Management of Stuart.

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

Recent market reports:

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

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

Legacy Cove Stuart FL May 2020 Market Report

May 2020 Market Report for Ocean House in Indian River Plantation

05.08.20 by

May 2020 Market Report for Ocean House in Indian River Plantation

May 2020 Market Report for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

There is only 1 condo on the market in Ocean House. The list price is $499,000 or $356.43 per square ft. of living area.

There are two condos currently under contract and in pending status.  List prices were $495,000 and $1,450,000.  This equals an average list price of $972,500 which works out to $658.52 per square ft. of living area.  These condos were on the market for an average of 98 days before going under contract.

In the past 12 months, there have been 7 condo sales in the Ocean House.  Sales prices ranged from $485,000 up to $625,000.  This is an average sales price of $544,286 which equals $398.44 per square foot of living area.  These condos sold for an average of 96% of list price and went under contract in an average of 106 days after being listed.

Click here to view previous Ocean House market reports!

About Ocean House Condos in Indian River Plantation:

One of the newest buildings in Indian River Plantation, Ocean House, is also the most magnificent.  Consisting 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 in actuality the equivalent of being on the third floor as there are two parking levels for residents to enjoy covered parking.

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 that need connectivity.

A heated pool and lanai area that’s perfect for lounging close to the beach, or walk 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.

Indian River Plantation

The Hutchinson Island Marriott Beach Resort and Marina stretches 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.

Fairway Villas in Indian River Plantation

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 all Indian River Plantation Condos for sale

Recent market reports:

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

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

May 2020 Market Report for Ocean House in Indian River Plantation

Martin County Townhouses and Condos March 2020 Market Report

04.28.20 by

Martin County Townhouses and Condos March 2020 Market Report

The Martin County Townhouses and Condos report had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector.  Closed sales for the month were up by 16.7%.  They were up by 21.4% in February.  New sales under contract (new pending sales) were down by 33.1% from last month.  They were up by 31.6% for February.

Prices, though, were up sharply for March.  The median sales price increased by 25.6% (was up by 3.2% in February). While the average sales price increased by 32.6% (was up by 9.3% in February).

The inventory of available townhouses and condos increased by 27 units to 438 properties.  This is a 2.9% smaller inventory then we had in March 2019.  Currently, there’s a 4.7 months supply of inventory (compared to 4.7 months for March 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos March 2020 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 2020 Market Report

Martin County Single Family Homes March 2020 Market Report

04.27.20 by

Martin County Single Family Homes March 2020 Market Report

The Martin County Single Family Homes Market Report had stronger closed sales activity for March, but new pending sales are off considerably and I’m afraid this indicates some challenging months to come in this real estate sector. Closed sales were up by 7.8% from last month (were up by 1.2% in January).  While new pending sales decreased by 31.9% as compared to last month when they increased by 6.4%.

Prices were mostly lower for March.  The median sales price was unchanged from last year (it was up by 13.8% in February) while the average sales price decreased by 7.8% (it was down by 37.1% last month).

The inventory of available single-family homes increased from last month by 46 homes to 969 homes for March. This is 15.6% less inventory than last January.  The current supply of homes is 4.7 months.  For February of last year, it was a 5.7 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 a 6 to 7 month supply of inventory.

Martin County Single Family Homes March 2020 Market Report
Click here to download the full report

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

Recent 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 2020 Market Report

Fairwinds Cove April 2020 Market Report

04.12.20 by

Fairwinds Cove April 2020 Market Report

There are currently 5 condos for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. These condos were listed from $224,900 up to $284,900.  This is an average list price of $251,760 or $215.64 per square foot of living area. 

There is 1 condo currently under contract. The list price was $269,900 which is $244.92 per square foot of living area.  This condo was on the market for 5 days prior to going under contract.

In the past 12 months, 5 Fairwinds Cove condo have sold.  Sales prices ranged from $246,250 up to $530,000.  This works out to an average sales price of $321,350 which equals $230.22 per square foot of living area.  These condos sold for an average of 94% of list price and were on the market for an average of 115 days before going under contract.

Click here for previous Fairwinds Cove market reports.

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove in Jensen Beach

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 in Jensen Beach

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 in Jensen Beach

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 in Jensen Beach

Search for Fairwinds Cove Condos in Jensen Beach

Recent market reports:

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

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

Fairwinds Cove April 2020 Market Report

Sewalls Landing April 2020 Market Report

04.02.20 by

Sewalls Landing April 2020 Market Report

For October 2019, there are no homes for sale in Sewalls Landing,

There is 1 home currently under contract in Sewalls Landing.  The list price was $669,000 or $244.07 per sq. ft. of living area.  This home was on the market for 15 days before going under contract.

In the past 12 months, 2 Sewalls Landing homes have sold.  Sales prices were $660,000 and $675,000 for an average sales price of $667,500 which equals $186.95 per sq. ft. of living area. These sales averaged 96% of list price and the homes averaged 33 days on the market before going under contract.

Click here to view previous Sewalls Landing market reports.

About Sewalls Landing:

Sewalls Landing real estate

View all Sewalls Point homes for sale:

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

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.

Sewalls Landing real estate

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

 

 

Recent market reports:

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

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

Sewalls Landing April 2020 Market Report

South Fork Estates Real Estate Market Report for March 2020

03.29.20 by

South Fork Estates Real Estate Market Report for March 2020

There are currently no homes for sale in South Fork Estates in Stuart FL. 

There are 3 homes under contract at this time in South Fork Estates.  The listing prices ranged from $515,000 up to $599,000. This is an average list price of $557,667 which equals $218.07 per sq. ft. of living area. These homes went under contract in an average of 60 days after coming on the market.

In the past 12 months, there have been 7 sales in South Fork Estates.  These homes had sales prices from $363,000 up to $565,400.  This works out to an average sales price of $455,414 which is $208.03 per square foot of living area.   These homes averaged 89 days on the market before going under contract and sold for an average of 97% of list price.

Click here for previous South Fork Estates market reports.

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart FL

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 FL

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.

South Fork Estates in Stuart FL

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.

South Fork Estates in Stuart FL

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

South Fork Estates in Stuart FL - RV and Boat Lot

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 id a great community to call home.

Search for homes for sale in South Fork Estates

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 for March 2020

Martins Crossing Market Report March 2020

03.28.20 by

Martins Crossing Market Report March 2020

There are currently 5 homes for sale in Martins Crossing.  Prices range from $299,000 up to $405,000.  This is an average list price of $339,298 which equals $156.02 per sq. ft. of living area.

There are 7 homes currently under contract.  List prices ranged from a low of $200,000 up to $375,000.  This equals an average list price of $285,500 which is $149.80 per sq. ft. of living area.  These homes went under contract in an average of 27 days.

In the past twelve months, 27 homes have sold in Martins Crossing.  Sales prices ranged from a low of $190,000 to a high of $380,000.  This equals an average sales price of $270,974 which works out to $147.84 per sq. ft. of living area.  These homes sold at an average of 98% of list price and were under contract in an average of 41 days.

Click here to view previous Martins Crossing market reports.

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart FL

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

Martins Crossing in Stuart FL

Martins Crossing community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort-style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing in Stuart FL

Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing in Stuart FL

Search for Martins Crossing 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.

Martins Crossing Market Report March 2020

Martin County Townhouses and Condos February 2020 Market Report

03.26.20 by

Martin County Townhouses and Condos February 2020 Market Report

The Martin County Townhouses and Condos showed very strong sales activity after a relatively weak start for the year.  Closed sales for the month were up by 21.4%.  And, they were down by 11.0% in January.  New sales under contract (new pending sales) were up by 31.6% from last month.  They were down by 3.6% for January.

Prices also continued to rise for February, though at reduced rates.  The median sales price increased by 3.2% (was up by 2.4% in January). While the average sales price increased by 9.3% (was up by 1.0% in January).

The inventory of available townhouses and condos decreased by 10 units to 411 properties.  This is a 9.7% smaller inventory then we had in February 2019.  Currently, there’s a 4.5 months supply of inventory (compared to 4.7 months for February 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos February 2020 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 February 2020 Market Report

Martin County Single Family Homes February 2020 Market Report

03.25.20 by

Martin County Single Family Homes February 2020 Market Report

The Martin County Single Family Homes Market Report had stronger sales activity than last year, but not as robust as last month.  Closed sales were up by 1.2% from last month (were up by 25.2% in January).  While new pending sales increased by 6.4% as compared to last month when they increased by 23.4%.

Prices rose sharply for February.  The median sales price was up by 13.8% from last year (it was down by 12.9% in January) while the average sales price increased by 37.1% (it was down by 24.2% last month).

The inventory of available single-family homes decreased from last month by 3 homes to 923 homes for January. This is 21.6% less inventory than last January.  The current supply of homes is 4.6 months.  For February of last year, it was a 5.9 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 a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2020 Market Report
Click here to download the full report

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

Recent market reports:

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

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

Martin County Single Family Homes February 2020 Market Report

Tres Belle March 2020 Market Report

03.20.20 by

Tres Belle March 2020 Market Report

For March 2020, there are 6 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $740,000 up to $829,000 for an average list price of $777,267 which works out to $212.93 per sq. ft. of living area.

There are 2 homes currently under contract.  The list prices were $700,000 and $714,900. This is an average list price of $707,450 or $230.90.  These homes were on the market for an average of 100 days prior to going under contract.

14 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $595,000 up to $930,000.  The average sales price was $729,971 which comes out to $219.12 per sq. ft. of living area.  These homes went under contract in an average of 89 days with sales prices at 97% of list price.

About Tres Belle in Stuart FL:

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle in Stuart FL

The first homes were completed in 2007 and construction and sales of new homes continue to this date (September 2019).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle in Stuart FL

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

Tres Belle in Stuart FL

For boaters, there is an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

  • Tres Belle Stuart Florida real estate
  • Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

  • Tres Belle Stuart Florida real estate
  • Tres Belle Stuart Florida real estate

The HOA fees are $314.00 per month and include maintenance of the common areas as well as Cable TV.  This is a pet-friendly community.

Click for all available Tres Belle homes for sale!

Search here for all Stuart FL real estate

Recent market reports:

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

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

Tres Belle March 2020 Market Report

Cobblestone Country Club March 2020 Market Report

03.16.20 by

Cobblestone Country Club March 2020 Market Report

For March 2020 there are 6 homes for sale in the Cobblestone Country Club of Palm City, FL.  List prices range from $549,900 up to $799,000. The average list price equals $690,967 which is $211.03 per sq. ft. of living area.

There is only 1 home currently under contract and awaiting sale. The list price was $699,000 or $206.99 per sq. ft. of living area.   These homes were on the market for an average of 35 days before going under contract.

In the past 12 months, 16 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $415,000 up to $670,000. This is an average sale price of $566,619 which equals $185.48 per sq. ft. of living area. These homes sold for an average of 96% of list price and went under contract in an average of 95 days after being listed.

View past Cobblestone Market Reports

About Cobblestone in Palm City:

Cobblestone in Palm City

Located just west of the center of Palm City, Cobblestone Country Club is a peaceful neighborhood of 512 acres with only 238 residences providing generous amounts of space around each home. This upscale community is adjacent to exit 110 on I-95 with easy access to all that Palm Beach County to the South and Orlando to the North, has to offer while enjoying the laid back low growth lifestyle, lower taxes and superior school systems that Martin County offers. Residents enjoy coming home to picturesque views of lakes, preserves and the 18-hole private Fox Golf Course in the Cobblestone Country Club. Homes in Cobblestone consist of new custom built homes and a selection of quality newer resale’s.

Cobblestone in Palm City

There are 232 homes and home sites in Cobblestone.  All homes are on a half-acre or larger lots and homes range from over 5,000 sq. ft. estate homes down to a small 1,377 sq. ft. 2 Bedroom, 2 Bath home.  Though the larger homes predominate in this upscale gated golf course community.  Homes were built from 1990 to 2011 and there are many vacant lots still available for sale on occasion.  HOA fees are a very reasonable $125 per month.

Cobblestone Country Club in Palm City FL
Cobblestone in Palm City

Search for Cobblestone Country Club Homes for Sale

Recent market reports:

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

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

Cobblestone Country Club March 2020 Market Report

Westwood Country Estates March 2020 Market Report

03.14.20 by

Westwood Country Estates March 2020 Market Report

As of March 2020, there is 1 home available to purchase in Westwood Country Estates in Palm City, FL.  The list price is $628,000 or $152.65 per sq. ft. of living area.

There are no homes currently under contract (pending sale).

There have been 5 homes sold in the past 12 months in Westwood Country Estates.  Sales prices ranged from $480,000 up to $675,000.  This works out to an average sales price of $553,600 which is equal to $187.91 per sq. ft. of living area.  These sales averaged 95% of list price and went under contract in an average of 33 days after going on the market.

View previous Westwood Country Estates market reports here

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida

Westwood Country Estates is a wide-open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Homeowner association fees are a very reasonable $375 per year.

Westwood Country Estates in Palm City Florida

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates in Palm City Florida

Westwood Country 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.

Westwood Country Estates March 2020 Market Report

Martin County Townhouses and Condos January 2020 Market Report

03.05.20 by

Martin County Townhouses and Condos January 2020 Market Report

The Martin County Townhouses and Condos began 2020 with weaker sales activity when compared to last January.  Closed sales for the month were down by 11.0%.  And, they were up by 6.0% in December.  New sales under contract (new pending sales) were down by 3.6% from January 2019.  They were unchanged for December.

Prices, though, continued to rise for January though at reduced rates.  The median sales price increased by 2.4% (was up by 9.7% in December). While the average sales price increased by 1.0% (was up by 10.8% in December).

The inventory of available townhouses and condos increased by 39 units to 421 properties.  This is a 4.2% larger inventory then we had in January 2019.  Currently, there’s a 4.7 months supply of inventory (compared to 4.1 months for January 2019).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos January 2020 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent 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 Townhouses and Condos January 2020 Market Report

Martin County Single Family Homes January 2020 Market Report

03.04.20 by

Martin County Single Family Homes January 2020 Market Report

The Martin County Single Family Homes Market Report had a another strong month of sales activity when compared to last year.  Closed sales were up by 25.2% from last month (were up by 18.3% in December).  While new pending sales increased by 23.4% as compared to December 2019 when they increased by 7.0%.

Prices were mixed for January.  The median sales price was up by 12.9% from last year (it was down by 4.3% in December) while the average sales price decreased by 24.2% (it was down by 0.8% last month).

The inventory of available single-family homes increased from last month by 24 homes to 926 units for December. This is 18.1% less inventory than last December.  The current supply of homes is 4.6 months.  For January of last year, it was a 5.7 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 a 6 to 7 month supply of inventory.

Martin County Single Family Homes January 2020 Market Report
Click here to download the full report

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

Recent market reports:

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

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

Martin County Single Family Homes January 2020 Market Report

Palm Cove Golf and Yacht Club March 2020 Market Report

03.03.20 by

Palm Cove Golf and Yacht Club March 2020 Market Report

There are currently 9 properties actively listed in Palm Cove Yacht and Golf Club for September 2019 in Palm City, Florida.  List prices range from a low of $379,900 up to $1,795,000.  The average list price is $812,478 which works out to $198.80 per square foot of living area.

There are 6 homes currently under contract.  The list prices ranged from $330,000 up to $595,000.  This equals an average list price of $429,983 or $205.95 per square foot of living area.  These homes averaged 35 days on the market before going under contract.

In the past 12 months, 16 homes have sold in Palm Cove with sales prices from $285,000 up to $1,895,000.  This is an average sales price of $634,250 or $190.62 per square foot of living area.  These homes were on the market for an average of 166 days prior to going under contract and sales prices averaged 95% of the list price

View previous Palm Cove market reports here

About the Palm Cove Yacht and Golf Club:

The Palm Cove Golf and Yacht Club in Palm City Florida include 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Carriage Hill Condos of Palm Cove

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

There’s a magnificent clubhouse located riverside by the marina.  Residents enjoy 24-hour security from the manned gated entrance.  The Palm Cove Golf and Yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled by remote from the main security gate.

More information about Palm Cove:

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Homeowner Association (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

Carriage Hill Condos of Palm Cove

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions, you may have about the Palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Recent market reports:

Palm Cove Golf and Yacht Club March 2020 Market Report