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
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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
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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 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
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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
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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
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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
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos April 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

Martin County Single Family Homes March 2023 Market Report

04.23.23 by

Martin County Single Family Homes March 2023 Market Report

The Martin County Single Family Homes Market Report 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 were up by 12.5% from last year (they were down by 27.1% in February). At the same time, new pending sales increased by 14.4% compared to last year (which increased by 3.6% last month).

Prices were up for March.  The median sales price increased from last year by 6.1% (up by 3.3% in February) while the average sales price increased by 26.0% (down by 10.3% last month).

The inventory of available single-family homes decreased by 26 units from last month to 489. This is a 119.3% greater inventory than last March.  The current supply of homes is 3.1 months.  For March of last year, it was 1.0 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 March 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 March 2023 Market Report

Fairwinds Cove Real Estate Market Report April 2023

04.18.23 by

Fairwinds Cove Real Estate Market Report April 2023

There are 3 condos currently available for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. The list prices range from $329,000 up to $415,000. This is an average list price of $364,633 which works out to $321.36 per square foot of living area.

There are also 3 Fairwinds Cove condos currently under contract. They were listed from $369,900 up to $399,900. This equals an average list price of $386,267 or $339.92 per square foot of living area.  These condos were on the market for an average of 92 days before going under contract.

In the past 12 months, 8 Fairwinds Cove condos have sold.  Sales prices ranged from $337,000 up to $460,000.  This works out to an average sales price of $394,500 which equals $338.44 per square foot of living area.  These condos sold for an average of 96% of the list price. And, they were on the market for an average of 58 days before going under contract.

Click here for the previous Fairwinds Cove market report!

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Fairwinds Cove condos for sale:

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four-story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with a full kitchen, meeting room, fitness room, billiards and more.

Recent Fairwinds Cove sales:

Fairwinds Cove is a non-age-restricted community that allows one small pet.  There is a strong sense of community with many long-time seasonal and full-time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida

Search for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach FL

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

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

Fairwinds Cove Real Estate Market Report April 2023

Tres Belle Real Estate Market Report March 2023

03.31.23 by

Tres Belle Real Estate Market Report March 2023

For March 2023, there are no homes available for sale in the Tres Belle community of Stuart FL.

There are 2 Tres Belle homes currently under contract.  The list prices were $899,000 and $1,175,000. This is an average list price of $1,037,000 or $367.86 per sq. ft. of living area.  These homes were on the market for an average of 66 days prior to going under contract.

7 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $875,000 up to $1,250,000.  This equals an average sales price of $1,123,586 which works out to $365.73 per sq. ft. of living area.  These homes went under contract in an average of 25 days after being listed. And, they sold for an average of 101% of the list price.

Click here to view the previous Tres Belle market report!

About Tres Belle in Stuart FL:

Tres Belle real estate in Stuart Florida
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Tres Belle Homes for Sale:

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
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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.

Recently sold Tres Belle homes:

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
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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 March 2023

Palm Cove Real Estate Market Report March 2023

03.30.23 by

Palm Cove Real Estate Market Report March 2023

There is 1 home listed in the Palm Cove Yacht and Golf Club for March 2023 in Palm City, Florida. The list price is $599,900 which is $218.15 per square foot of living area.

There are no Palm Cove homes currently under contract.

In the past 12 months, 20 Palm Cove homes have sold. The sales prices ranged from $388,000 up to $1,425,000.  This is an average sales price of $858,075 or $289.80 per square foot of living area.  These homes were on the market for an average of 30 days prior to going under contract. And, the sales prices averaged 98% 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
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Palm Cove homes for sale:

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

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

Recent Palm Cove home sales:

More information about Palm Cove:

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

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 March 2023

Martin County Townhouses and Condos February 2023 Market Report

03.24.23 by

Martin County Townhouses and Condos February 2023 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year though there are some signs of a slow turnaround. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were down by 28.4%.  They were down by 43.8% in November.  New sales under contract (new pending sales) were down by 7.2% from last year.  They were down by 7.5% in January.

Price activity was mixed for February.  The median sales price increased by 10.3% (was up by 26.0% last month). While the average sales price decreased by 5.5% (was up by 8.2% in January).

The available townhouses and condos inventory increased by 8 units to 308 properties.  This is a 187.9% greater supply of inventory than we had in February 2022.  Currently, there’s a 3.6 months supply of inventory (compared to 0.9 months for February 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 February 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 February 2023 Market Report

Martin County Single Family Homes February 2023 Market Report

03.23.23 by

Martin County Single Family Homes February 2023 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year though there are some signs of a slow turnaround. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 27.1% from last year (they were down by 20.4% in January). At the same time, new pending sales increased by 3.6% compared to last year (which decreased by 15.6% last month).

Prices were mixed for February.  The median sales price increased from last year by 3.3% (up by 9.7% in January) while the average sales price decreased by 10.3% (down by 36.7% last month).

The inventory of available single-family homes decreased by 15 units from last month to 515. This is a 189.3% greater inventory than last February.  The current supply of homes is 3.3 months.  For February of last year, it was 0.8 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 February 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 February 2023 Market Report

Westwood Country Estates Real Estate Market Report March 2023

03.20.23 by

Westwood Country Estates Real Estate Market Report March 2023

As of March 2023, there are no homes available to purchase in Westwood Country Estates in Palm City, FL.

There are also no Westwood Country Estates homes currently under contract (pending sale).

There have been 5 Westwood Country Estates home sales in the past 12.  Sales prices ranged from $710,000 up to $1,240,000. This works out to an average sales price of $956,000 which is equal to $302.76 per sq. ft. of living area.  These sales averaged 96% of the list price. And, went under contract in an average of 22 days after going on the market.

View the previous Westwood Country Estates market report!

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida
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Westwood Country Estates homes for sale:

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

Westwood Country Estates in Palm City Florida

There are only 77 homes in Westwood Country Estates in Palm City Florida. 

Recent Westwood Country Estates sales:

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

Westwood Country Estates in Palm City Florida

Westwood Country Estates Homes for Sale

Recent market reports:

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

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

Westwood Country Estates Real Estate Market Report March 2023

Cobblestone Real Estate Market Report March 2023

03.18.23 by

Cobblestone Real Estate Market Report March 2023

For March 2023, there are 10 homes for sale in the Cobblestone gated community of Palm City, FL.  List prices range from $945,000 up to $1,895,000. The average list price equals $1,218,400 which is $356.10 per sq. ft. of living area.

There are 3 homes currently under contract and awaiting sale. The list prices ranged from $850,000 up to $1,229,000. This equals an average list price of $1,092,967 or $288.46 per sq. ft. of living area.   These homes were on the market for an average of 44 days before going under contract.

In the past 12 months, 8 Cobblestone Country Club homes have sold.  Sale prices ranged from $340,000 up to $1,900,000. This is an average sale price of $991,938 which equals $314.05 per sq. ft. of living area. These homes sold for an average of 103% of the list price and went under contract in an average of 15 days after being listed.

View past Cobblestone Market Reports

About Cobblestone in Palm City:

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

Recently sold Cobblestone homes:

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

Cobblestone real estate in Palm City Florida
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Search for Cobblestone Country Club Homes for Sale

Cobblestone homes for sale in Palm City Florida

Recent market reports:

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

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

Cobblestone Real Estate Market Report March 2023

Martins Crossing Real Estate Market Report March 2023

03.05.23 by

Martins Crossing Real Estate Market Report March 2023

For March 2023 there are 4 homes available for sale in Martins Crossing in Stuart FL.  The list prices range from $399,315 up to $649,900. This is an average list price of $561,029 which equals $217.76 per sq. ft. of living area.

There are also 4 Martins Crossing homes currently under contract.  The list prices ranged from $325,000 to $649,000.  This equals an average list price of $475,225 which is $240.33 per sq. ft. of living area.  These homes went under contract in an average of 48 days.

In the past twelve months, 29 Martins Crossing homes have sold.  Sales prices ranged from a low of $285,000 to a high of $699,900.  This equals an average sales price of $416,238 which works out to $210.75 per sq. ft. of living area.  These homes sold at an average of 99% of the list price and went under contract in an average of 21 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
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Martins Crossing homes for sale:

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

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

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

Recently sold Martins Crossings homes:

Martins Crossing in Stuart FL

Search for Martins Crossing Homes for Sale

Recent market reports:

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

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

Martins Crossing Real Estate Market Report March 2023