Foxwood Real Estate Market Report August 2023

08.08.23 by

Foxwood Real Estate Market Report August 2023

For August 2023, there are no homes listed for sale in the Foxwood community in Stuart FL.

There are also no Foxwood homes currently under contract.

In the past 12 months, 3 homes have sold in this much sought-after Stuart community.  Sales prices ranged from $585,000 up to $845,000.  This works out to an average sales price of $756,667 which equals $254.90 per sq. ft. of living area.  These sales took an average of 42 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 homes for sale:

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).

Recently sold in Foxwood:

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 2023

Hunters Creek Real Estate Market Report August 2023

08.07.23 by

Hunters Creek Real Estate Market Report August 2023

For August 2023, the Hunters Creek community in Palm City has no homes currently on the market. 

There are also no Hunters Creek homes currently under contract (pending sales).

There have been 3 Hunters Creek homes sold in the past 12 months.  Sales prices ranged from $525,000 up to $685,000.  This equals an average sales price of $583,333 which equals $260.84 per sq. ft. of living area.  These homes sold for an average of 97% of the list price. And, they were under contract in an average of 65 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 homes for sale:

Hunters Creek in Palm City FL
Google Earth Image

Recently sold in Hunters Creek:

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 2023

North River Shores Real Estate Market Report August 2023

08.06.23 by

North River Shores Real Estate Market Report August 2023

There are currently 4 active listings in the North River Shores neighborhood of Stuart Florida in August 2023. The list prices range from $1,300,000 up to $1,875,000. This is an average list price of $1,659,250 which equals $551.34 per square foot of living area.

There is 1 North River Shores home under contract at this time. The list price was $665,000 which is $274.57 per square foot of living area. This home was on the market for 75 days before going under contract.

In the past 12 months, 12 North River Shores homes have sold. Sales prices ranged from a low of $475,000 up to $2,350,000. This works out to an average sales price of $1,139,083 or $483.24 per square foot of living area. These homes sold for an average of 98% of the list price. And, they averaged 46 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

North River Shores Real Estate:

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.  There are also some accompanying deed restrictions that 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.

Recent North River Shores sales:

 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 2023

Martin County Townhouses and Condos June 2023 Market Report

07.23.23 by

Martin County Townhouses and Condos June 2023 Market Report

The Martin County Townhouses and Condos real estate market had improved sales activity when compared to last year. The inventory numbers are rising, but we are still facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 10.1%.  They were down by 15.9% in May.  New sales under contract (new pending sales) were up by 35.6% from last year.  They were down by 19.0% in May.

Prices, also, continued to increase for June.  The median sales price increased by 5.5% (was up by 5.2% last month). While the average sales price increased by 8.3% (was up by 0.4% in May).

The available townhouses and condos inventory decreased by 12 units to 287 properties.  This is a 53.5% greater supply of inventory than we had in June 2022.  Currently, there’s a 3.3 months supply of inventory (compared to 1.8 months for June 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. 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 2023 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 2023 Market Report

Martin County Single Family Homes June 2023 Market Report

07.22.23 by

Martin County Single Family Homes June 2023 Market Report

The Martin County Single Family Homes Market Report showed slightly better-closed activity than last year. We are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 4.3% from last year (they were down by 4.2% in May). At the same time, new pending sales increased by 5.7% compared to last year (which decreased by 5.1% last month).

Prices were mostly flat or lower for June with little changes from last year.  The median sales price increased from last year by 1.4% (up by 8.1% in May) while the average sales price decreased by 10.1% (up by 3.1% last month).

The inventory of available single-family homes rose by 4 homes to 467. This is an 8.9% greater inventory than last June.  The current supply of homes is 2.9 months.  For June of last year, it was 2.2 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 2023 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 2023 Market Report

Bay Colony of Stuart Market Report June 2023

06.29.23 by

Bay Colony of Stuart Market Report June 2023

As of June 2023, no homes were available for sale in the Bay Colony of Stuart.

There is 1 Bay Colony of Stuart home currently under contract. The list price was $1,690,000 which is $476.19 per sq. ft. of living area. This home was on the market for only 3 days before going under contract.

No Bay Colony home has sold in the past 12 months.

Click here to view recent Bay Colony market reports!

About the Bay Colony of Stuart:

Bay Colony in Stuart Florida
Google Earth image

View some Bay Colony homes for sale:

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

Bay Colony of Stuart
Google Earth image

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

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

Recently sold Bay Colony homes:

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

Bay Colony of Stuart
Google Earth image

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

Bay Colony of Stuart

 Search here for:

Bay Colony Homes for Sale

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

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

Bay Colony of Stuart Market Report June 2023

Martin County Townhouses and Condos May 2023 Market Report

06.25.23 by

Martin County Townhouses and Condos May 2023 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. The inventory numbers are rising, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were down by 15.9%.  They were down by 4.0% in April.  New sales under contract (new pending sales) were down by 19.0% from last year.  They were down by 26.2% in April.

Prices continued to increase for May.  The median sales price increased by 5.2% (was up by 17.1% last month). While the average sales price increased by 0.4% (was up by 20.9% in April).

The available townhouses and condos inventory decreased by 26 units to 298 properties.  This is a 115.9% greater supply of inventory than we had in May 2022.  Currently, there’s a 3.5 months supply of inventory (compared to 1.3 months for May 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Martin County Townhouses and Condos May 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos May 2023 Market Report

Martin County Single Family Homes May 2023 Market Report

06.24.23 by

Martin County Single Family Homes May 2023 Market Report

The Martin County Single Family Homes Market Report showed slightly slower closed activity than last year. We are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 4.2% from last year (they were up by 3.6% in April). At the same time, new pending sales decreased by 5.1% compared to last year (which increased by 8.4% last month).

Prices were up for May.  The median sales price increased from last year by 8.1% (down by 8.0% in April) while the average sales price increased by 3.1% (up by 14.4% last month).

The inventory of available single-family homes remained unchanged at 463. This is a 35.8% greater inventory than last May.  The current supply of homes is 2.9 months.  For May of last year, it was 1.7 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.

Martin County Single Family Homes May 2023 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 2023 Market Report

Plantation House Real Estate Market Report June 2023

06.17.23 by

Plantation House Real Estate Market Report June 2023

For June 2023, there is only 1 condo for sale in the Plantation House of Hutchinson Island.  The list price is $700,000 or $560.45 per sq. ft. of living area.

There are no pending Plantation House sales at this time.

In the past 12 months, there have been 2 Plantation House sales. The sales prices were $660,000 and $835,000. This is an average sales price of $747,500 which equals $557.19 per sq. ft. of living area. These condos were on the market for an average of 184 days before going under contract. And, the sales prices averaged 88% of the last list price.

Click here to view the previous Plantation House market report!

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

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

Plantation House condos for sale:

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

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

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

Recent Plantation House sales:

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 2023

Snug Harbor Stuart Market Report June 2023

06.16.23 by

Snug Harbor Stuart Market Report June 2023

As of June 2023, there are no Snug Harbor homes for sale in Stuart, FL.

There are also no homes currently under contract.

2 Snug Harbor homes have sold in the past 12 months.  The sales were $975,000 and $2,250,000. The average sales price was $1,612,500 or $574.07 per sq. ft. of living area.  These homes sold for an average of 89% of the list price. And, they were on the market for an average of 33 days prior to going under contract.

Click here to view the previous Snug Harbor market report!

About Snug Harbor:

Snug Harbor in Stuart Florida
Google Earth image

Snug Harbor homes for sale:

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.  Then formed the Snug Harbor Corporation, which controlled the ownership of the lots.

Recently sold in Snug Harbor

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 very conveniently located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants, and recreational areas.

Snug Harbor in Stuart Florida
Google Earth image

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a clubhouse, deep water marina, boat ramp, trailer parking, and tennis courts. There is an active association with social activities year-round that make 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 Stuart Market Report June 2023

Locks Landing Real Estate Market Report June 2023

06.13.23 by

Locks Landing Real Estate Market Report June 2023

As of June 2023, there is 1 Locks Landing home for sale in Stuart Florida. The list price is $825,000 which equals $321.89 per sq. ft. of living area.

There is also 1 Locks Landing home currently under contract. The list price was $825,000 or $303.42 per sq. ft. of living area. This home was on the market for 4 days before going under contract.

In the past 12 months, 6 Locks Landing homes have been sold in Martin County.  Sales prices ranged from $640,000 up to $1,050,000.  This is an average sales price of $730,167 which is $318.36 per sq. ft. of living area. These sales averaged 94% of the list price. And, they went under contract in an average of 44 days after being listed.

Click here to view the previous Locks Landing market report!

About Locks Landing in Stuart FL:

Locks Landing in Stuart Florida
Google Earth image
Locks Landing homes for sale:

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 Water Way at Phipps Park in Stuart, Florida.

Locks Landing in Stuart Florida
Google Earth image

Homes range in sizes 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 a number of docks with available water and electrics.  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.

Recent Locks Landing sales:

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 2023

Sunset Trace Real Estate Market Report June 2023

06.06.23 by

Sunset Trace Real Estate Market Report June 2023

As of June 2023, there are 6 Sunset Trace homes for sale in Palm City FL.  The list prices range from $249,900 up to $289,000. This equals an average list price of $330,680 which is $254.06 per sq. ft. of living area.

There are 7 Sunset Trace homes currently under contract.  The list prices ranged from $259,000 up to $380,000.  This works out to an average list price of $303,257 which equals $237.42 per sq. ft. of living area.  These homes were on the market for an average of 60 days prior to going under contract.

In the past 12 months, 39 Sunset Trace homes have sold.  Sales prices ranged from a low of $215,000 up to $372,000.  This equals an average sales price of $293,136 or $223.17 per sq. ft. of living area.  These homes sold for an average of 99% of the list price. And, they were on the market for an average of 23 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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Sunset Trace homes for sale:

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.

Recently sold Sunset Trave homes:

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 2023

Ocean House Real Estate Market Report May 2023

05.27.23 by

Ocean House Real Estate Market Report May 2023

May 2023 Market Report for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently, there is only 1 condo on the market in Ocean House. The list price is $1,099,888 which is $820.81 per square foot of living area. 

There is also 1 Ocean House condo currently under contract and in pending status. The list price was $820.81 or $742.54 per square foot of living area.  This condo was on the market for 87 days before going under contract.

In the past 12 months, there have been 6 Ocean House condo sales.  Sales prices ranged from $850,000 up to $1,250,000.  This is an average sales price of $1,029,167 which equals $726.36 per square foot of living area.  These condos sold for an average of 97% of the list price. And, they went under contract in an average of 24 days after being listed.

Click here to view the previous Ocean House market report!

About Ocean House Condos in Indian River Plantation:

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

Ocean House condos for sale:

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

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

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

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

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

Recent Ocean House sales:

The Marriott Resort at Indian River Plantation Features:

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

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

Ocean House condo real estate in Indian River Plantation on Hutchinson Island in Stuart FL
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The Hutchinson Island Marriott Beach Resort and Marina stretch across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

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

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

Ocean House at Indian River Plantation

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

Search for all Ocean House Condos for sale

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

Search for all Indian River Plantation Condos for sale

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

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

Ocean House Real Estate Market Report May 2023

Martin County Single Family Homes 2023 1st Quarter Report

05.26.23 by

Martin County Single Family Homes 2023 1st Quarter Report

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

Martin County Single Family Homes 2023 1st Quarter Report

The Martin County single-family home real estate market continued the trend of reduced sales volume. Prices were mixed for the quarter and the inventory is continuing to increase, but it is not bringing in more buyers to date.  Compared to the other areas I track, the Martin County single-family real estate market still outperforms most areas locally and nationwide. I doubt we will see any improvement until either interest rates or prices begin to go down—hopefully, both.

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 2023 1st Quarter Report

Legacy Cove Real Estate Market Report May 2023

05.25.23 by

Legacy Cove Real Estate Market Report May 2023

For May 2023, there are no homes available to purchase in Legacy Cove in Stuart, FL.

Currently, there is only 1 Legacy Cove home under contract. The list price was $649,000 or $279.70 per sq. ft. of living area. This home was on the market for 14 days before going under contract.

In the past 12 months, 13 Legacy Cove homes have sold. The sales prices ranged from $465,000 up to $697,900. This is an average sales price of $697,900 which works out to $290.52 per sq. ft. of living area.  These sales averaged 99% of the list price. And, they went under contract in an average of 39 days after going on the market.

Click here to view the previous Legacy Cove market report!

About Legacy Cove in Stuart FL:

Legacy Cove real estate in Stuart Florida
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Legacy Cove homes for sale:

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

Legacy Cove real estate in Stuart Florida
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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.

Recently sold Legacy Cove homes:

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 Florida
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Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school, and Martin County high school.

Legacy Cove in Stuart FL
Clubhouse

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
Tot Lot

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

Search here for Legacy Cove Homes for Sale

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

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

Legacy Cove Real Estate Market Report May 2023

Martin County Townhouses and Condos April 2023 Market Report

05.21.23 by

Martin County Townhouses and Condos April 2023 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. The inventory numbers are rising, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were down by 4.0%.  They were up by 16.5% in March.  New sales under contract (new pending sales) were down by 26.2% from last year.  They were up by 5.1% in March.

Prices continued to increase for April.  The median sales price increased by 17.1% (was up by 1.5% last month). While the average sales price increased by 20.9% (was down by 2.6% in March).

The available townhouses and condos inventory increased by 35 units to 324 properties.  This is a 176.9% greater supply of inventory than we had in April 2022.  Currently, there’s a 3.7 months supply of inventory (compared to 1.1 months for April 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Martin County Townhouses and Condos April 2023 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 April 2023 Market Report

Martin County Single Family Homes April 2023 Market Report

05.20.23 by

Martin County Single Family Homes April 2023 Market Report

The Martin County Single Family Homes Market Report continues to buck the trend with improved sales activity for the second month in a row. But, we are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 3.6% from last year (they were up by 12.5% in March). At the same time, new pending sales increased by 8.4% compared to last year (which increased by 14.4% last month).

Prices were mixed for April.  The median sales price decreased from last year by 8.0% (up by 6.1% in March) while the average sales price increased by 14.4% (up by 26.0% last month).

The inventory of available single-family homes decreased by 26 units from last month to 463. This is a 72.8% greater inventory than last April.  The current supply of homes is 2.9 months.  For April of last year, it was 1.3 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.

Martin County Single Family Homes April 2023 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes April 2023 Market Report

Stuart West Real Estate Market Report May 2023

05.13.23 by

Stuart West Real Estate Market Report May 2023

For May 2023, there are 6 homes for sale in the Stuart West community in Palm City Farms Florida. The list prices range from $1,030,000 up to $2,400,000 This is an average list price of $1,584,833 or $431.94 per sq. ft. of living area.

There are 2 Stuart West homes currently under contract. The list prices were $1,700,000 and $3,000,000. This equals an average list price of $2,350,000 which is $396.70 per sq. ft. of living area. These homes averaged 35 days on the market before going under contract.

In the past 12 months, 7 Stuart West homes have sold.  Sale prices ranged from $630,000 up to $3,100,000.  This works out to an average sale price of $1,330,000 which is $384.80 per sq. ft. of living area.  These homes sold for an average of 94% of the list price. And, they averaged 71 days on the market before going under contract.

Click here to view the previous Stuart West market report!

About Stuart West in Palm City Farms FL:

Stuart West in Palm City Florida
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Stuart West homes for sale:

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

Stuart West in Palm City Florida
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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.

Recent Stuart West home sales:

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

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

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

Stuart West in Palm City Farms FL

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

Stuart West Homes for Sale

Search for Stuart West Homes for sale in Palm City FL

Vacant Land for Sale in Stuart West

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

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

Stuart West Real Estate Market Report May 2023

Sewalls Landing Real Estate Market Report April 2023

04.28.23 by

Sewalls Landing Real Estate Market Report April 2023

For April 2023, there is 1 home for sale in Sewalls Landing, The list price is $899,900 which is $328.55 per sq. ft. of living area.

There is also 1 Sewalls Landing home currently under contract. The list price was $1,199,900 or $358.82 per sq. ft. of living area. This home was on the market for 18 days before going under contract.

In the past 12 months, there have been 2 Sewalls Landing home sales. The sales prices were $840,000 and $930,000. This is an average sales price of $885,000 which equals $299.02 per sq. ft. of living area. These homes were on the market for an average of 25 days before going under contract. And, they sold for 88% of the list price.

Click here to view the previous Sewalls Landing market report!

About Sewalls Landing:

Sewalls Landing real estate in Jensen Beach Florida
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Sewalls Landing 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 in Jensen Beach Florida
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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.

Recent Sewalls Landing home sales:

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

Sewalls Landing real estate in Jensen Beach Florida

Search for Sewalls Landing Homes for Sale

 

 

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

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

Sewalls Landing Real Estate Market Report April 2023

Martin County Townhouses and Condos March 2023 Market Report

04.24.23 by

Martin County Townhouses and Condos March 2023 Market Report

The Martin County Townhouses and Condos had stronger closed activity for the first time in months. But, we are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 16.5%.  They were down by 28.4% in February.  New sales under contract (new pending sales) were up by 5.1% from last year.  They were down by 7.2% in February.

Price activity was mixed for March.  The median sales price increased by 1.5% (was up by 10.3% last month). While the average sales price decreased by 2.6% (was down by 5.5% in February).

The available townhouses and condos inventory decreased by 19 units to 289 properties.  This is a 147.0% greater supply of inventory than we had in March 2022.  Currently, there’s a 3.3 months supply of inventory (compared to 1.0 months for March 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Martin County Townhouses and Condos March 2023 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 2023 Market Report