Martin County Townhouses and Condos August 2024 Market Report

09.23.24 by

Martin County Townhouses and Condos August 2024 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully help in the near future. Closed sales for the month were down by 29.8%.  They were down by 22.5% in July.  New sales under contract (new pending sales) were down 19.0% from last year.  They were down by 43.2% in July.

Prices were also down for August.  The median sales price decreased by 0.3% (was down by 2.9% last month). And, the average sales price decreased by 10.2% (was down by 13.3% in July).

The available townhouses and condos inventory decreased by 2 units to 539 properties.  This is an 85.2% greater supply of inventory than we had in August 2023.  Currently, there’s a 6.6-month supply of inventory (compared to 3.3 months for August 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 August 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 August 2024 Market Report

Martin County Single Family Homes August 2024 Market Report

09.22.24 by

Martin County Single Family Homes August 2024 Market Report

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

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

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

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

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

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

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

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

Martin County Single Family Homes August 2024 Market Report

Tres Belle Real Estate Market Report September 2024

09.21.24 by

Tres Belle Real Estate Market Report September 2024

For September 2024, 4 homes are available for sale in the Tres Belle community of Stuart FL. The list prices range from $1,069,888 up to $1,699,995. This is an average list price of $1,342,471 which is $384.75 per sq. ft. of living area.

There is 1 Tres Belle home currently under contract.  The list price was $1,070,000 or $418.62 per sq. ft. of living space.  This home was on the market for 74 days before going under contract.

13 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $937,500 up to $1,500,000.  This equals an average sales price of $1,188,615 which works out to $362.93 per sq. ft. of living area.  These homes went under contract in an average of 42 days after being listed. And, they sold for an average of 96% of the list price.

View the Previous Tres Belle Market Report

About Tres Belle in Stuart FL:

Tres Belle real estate in Stuart Florida
Google Earth image

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 real estate in Stuart Florida
Google Earth image

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 real estate in Stuart Florida

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.

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 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 in Stuart Florida
Google Earth image

The reasonable HOA fees include maintenance of the common areas as well as Cable TV.  This is a pet-friendly community.

Tres Belle Stuart Florida real estate

Click for all available Tres Belle homes for sale!

Search here for all Stuart FL real estate

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 Real Estate Market Report September 2024

Palm Cove Real Estate Market Report September 2024

09.02.24 by

Palm Cove Real Estate Market Report September 2024

There are 7 homes listed in the Palm Cove Yacht and Golf Club for September 2024 in Palm City, Florida. The list prices range from $550,000 up to $1,525,000. This is an average list price of $936,785 which is $324.23 per square foot of living area.

There is only 1 Palm Cove home currently under contract. The list price was $584,90 which equals $212.69 per square foot of living space. This home was on the market for 164 days before going under contract.

In the past 12 months, 11 Palm Cove homes have sold. The sales prices ranged from $650,000 up to $1,725,000.  This is an average sales price of $1,050,0488 or $307.66 per square foot of living area.  These homes were on the market for an average of 62 days before going under contract. And, the sales prices averaged 97% of the list price.

View previous Palm Cove market reports here!

About the Palm Cove Yacht and Golf Club:

Palm Cove Golf and Yacht Club real estate in Palm City FL
Google Earth image

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

Palm Cove Golf and Yacht Club real estate in Palm City FL

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.

Palm Cove Golf and Yacht Club real estate in Palm City FL

There’s a magnificent clubhouse located on the 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 remotely from the main security gate.

More information about Palm Cove:

In the main section, are the estate homes, townhomes 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 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.  For a complete list of fees, please give us a call.

Palm Cove Golf and Yacht Club

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.

Carriage Hill Condos of Palm Cove

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

Palm Cove Real Estate Market Report September 2024

Martin County Single Family Homes 2024 2nd Quarter Report

08.30.24 by

Martin County Single Family Homes 2024 2nd 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 2nd Quarter Report
Martin County Single Family Homes 2024 2nd Quarter Report

The Martin County single-family home real estate market continued to show weaker sales activity when compared to last year. Prices were mixed for the quarter while the inventory continued to rise. Interest rates remain high, though they will soon start to come down. I expect sales to remain sluggish for the short term, 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 2nd Quarter Report

North River Shores Real Estate Market Report August 2024

08.26.24 by

North River Shores Real Estate Market Report August 2024

There are currently 5 active listings in the North River Shores neighborhood of Stuart Florida in August 2024. The list prices range from $699,000 up to $6,950,000. This is an average list price of $2,314,800 which equals $550.21 per square foot of living area.

1 North River Shores home is currently under contract. The list price was $899,000 or $500.28 per square foot of living space. This home was on the market for 124 days before going under contract.

In the past 12 months, 12 North River Shores homes have sold. Sales prices ranged from a low of $189,000 up to $1,764,575. This works out to an average sales price of $952,548 which works out to $412.38 per square foot of living area. These homes sold for an average of 92% of the list price. And, they averaged 95 days on the market before going under contract.

Click here to view the previous North River Shores market report!

About North River Shores in Stuart FL:

North River Shores in Stuart Florida
Google Earth Image

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.

North River Shores in Stuart Florida
Google Earth Image

Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.  Some accompanying deed restrictions enhance and protect the aesthetic nature of this beautiful community.

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles-wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

 This community is blessed with easy access to shopping, beaches, houses of worship, schools, and access to both downtown Stuart and Jensen Beach. Yet, it maintains a quiet and peaceful neighborhood character.   This is a beautiful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores in Stuart Florida
Google Earth Image

Search here for available homes in North River Shores

North River Shores home search

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.

courtesy of:
the Gabe Sanders real estate team

North River Shores Real Estate Market Report August 2024

Martin County Townhouses and Condos July 2024 Market Report

08.25.24 by

Martin County Townhouses and Condos July 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 22.5%.  They were down by 23.9% in June.  New sales under contract (new pending sales) were down 43.2% from last year.  They were down by 13.1% in June.

Prices were also down for July.  The median sales price decreased by 2.9% (was down by 5.5% last month). And, the average sales price decreased by 13.3% (was down by 10.2% in June).

The available townhouses and condos inventory increased by 10 units to 541 properties.  This is a 93.2% greater supply of inventory than we had in July 2023.  Currently, there’s a 6.5-month supply of inventory (compared to 3.1 months for July 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 July 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 July 2024 Market Report

Hunters Creek Real Estate Market Report August 2024

08.25.24 by

Hunters Creek Real Estate Market Report August 2024

For August 2024, the Hunters Creek community in Palm City has 3 homes on the market.  The list prices ranged from $725,000 up to $799,000. This is an average list price of $762,667 which is $308.62 per sq. ft. of living space.

1 Hunters Creek home is currently under contract (pending sale). The list price was $725,000 or $302.59 per sq. ft. of living area. This home was on the market for 16 days before going under contract.

There have been 2 Hunters Creek homes sold in the past 12 months.  The sales prices were $690,000 and $825,000.  This equals an average sales price of $757,500 which equals $320.04 per sq. ft. of living area.  These homes sold for an average of 95% of the list price. And, they were under contract in an average of 29 days after being listed.

Click here to view the previous Hunters Creek market report!

About Hunters Creek in Palm City FL:

Hunters Creek in Palm City FL

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in size from over 3,800 sq. ft. of living area to just under 1,700. From 5-bedroom pool homes on over a ½ acre of land down to 3-bedroom homes on just over a quarter of an acre.

Hunters Creek in Palm City FL
Google Earth Image

Low HOA fees cover the common areas and security gate along with basic cable TV.  This is a pet-friendly community and rentals are also allowed with some restrictions.

Hunters Creek in Palm City FL

Hunters Creek is very conveniently located near the Palm Cove Golf Club.  There is quick access to Florida’s Turnpike and I-95.  Also, just a few minutes away from the Palm City Bridge with access to downtown Stuart, Jensen Beach, and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

Aerial images courtesy of Google
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.

the Gabe Sanders real estate team

Hunters Creek Real Estate Market Report August 2024

Martin County Single Family Homes July 2024 Market Report

08.24.24 by

Martin County Single Family Homes July 2024 Market Report

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

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

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

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

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

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

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

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

Martin County Single Family Homes July 2024 Market Report

Foxwood Real Estate Market Report August 2024

08.24.24 by

Foxwood Real Estate Market Report August 2024

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

There are also no Foxwood homes currently under contract.

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

Click here to view the previous Foxwood market report!

About Foxwood Equestrian Community in Stuart FL:

Foxwood Real Estate in Stuart Florida

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

Foxwood Real Estate in Stuart Florida

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

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

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

Foxwood Real Estate in Stuart Florida

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

Currently Available Homes in Foxwood

Foxwood home search

Images courtesy of Google Earth

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

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

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

Stuart Florida Real Estate

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

Foxwood Real Estate Market Report August 2024

Pipers Landing Real Estate Market Report August 2024

08.18.24 by

Pipers Landing Real Estate Market Report August 2024

There are 6 active listings for sale in Pipers Landing in Palm City FL in August 2024.  The list prices range from $448,000 up to $1,200,000. This is an average list price of $463,983 which equals $193.34 per sq. ft. of living area.

Currently, 2 Pipers Landing homes are under contract in this golf and boating community. The list prices were $399,900 and $1,000,000. This is an average list price of $699,950 or $217.57 per sq. ft. of living area. These homes were on the market for an average of 65 days before going under contract.

In the past 12 months, 13 Pipers Landing homes and condos have sold.  The sales prices ranged from a low of $215,000 up to $1,287,500.  This works out to an average sales price of $579,108 which is $192.18 per sq. ft. of living area.  These homes averaged 51 days on the market before going under contract. And, they sold for an average of 94% of the list price.

Click here to view the previous Pipers Landing market report!

About Pipers Landing in Palm City FL:

Pipers Landing in Palm City FL
Image courtesy of Google Earth

A true world-class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.

Pipers Landing in Palm City FL
Google Earth image

This is an equity golf course community (membership is mandatory).  Championship Joe Lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this is in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

Search for Pipers Landing Homes and Condos in Palm City Florida

Pipers Landing Home Search

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.

Pipers Landing Real Estate Market Report August 2024

The Stuart Yacht and Country Club Real Estate Market Report August 2024

08.04.24 by

The Stuart Yacht and Country Club Real Estate Market Report August 2024

10 homes are currently for sale in the Yacht and Country Club of Stuart.  List prices range from $420,000 up to $3,500,000. This is an average list price of $1,003,540 which works out to $358.25 per sq. ft. of living area.

There are currently 2 Yacht and Country Club homes under contract. The list prices were $662,500 and $825,888.  The average list price of these pending sales is $744,194 or $295.31 per sq. ft. of living area.  These homes averaged 95 days on the market before going under contract.

32 Yacht and Country Club homes have sold in the past 12 months.  Sales prices ranged from $420,000 up to $1,330,000.  The average sales price was $692,935 which equals $309.09 per sq. ft. of living area.  These homes went under contract in an average of 72 days after going on the market. And, the sales prices averaged 95% of the list price.

Click here to view the previous Stuart Yacht and Country Club market report!

About the Stuart Yacht and Country Club:

The Yacht and Country Club of Stuart
Google Earth image

One of the first gated golf communities in Martin County, Florida remains among the preeminent communities on Florida’s Treasure Coast for both golf and yachting enthusiasts.  This fine gate-guarded community boasts waterfront homes that are only minutes from the Saint Lucie Inlet and the Atlantic Ocean.  Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The Yacht and Country Club of Stuart
Google Earth image

The ‘Stuart’ golf course at the Yacht  & Country Club of Stuart, Florida features a professional 18-hole course with 6,466 yards of golf from the longest tees for a par of 71. The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. A driving range and putting greens are also provided at this club.

The clubhouse at The Stuart Yacht and Country Club offers a professionally appointed fitness center with a resident massage therapist.  Six lighted Har-Tru tennis courts provide tennis and also residents are provided with two lighted croquet lawns.

The Yacht and Country Club of Stuart
Google Earth image

A heated swimming pool is open daily and water aerobics is offered weekly. The Stuart Yacht and Country Club has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.

The Yacht and Country Club of Stuart



It is truly a wonderful place to call home.

Search here for available homes in The Stuart Yacht and Country Club, Florida

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.

The Stuart Yacht and Country Club Real Estate Market Report August 2024

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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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