Stuart West Real Estate Market Report November 2022

11.25.22 by

Stuart West Real Estate Market Report November 2022

For November 2022, there are 4 homes for sale in the Stuart West community in Palm City Farms Florida. The list prices range from $725,000 up to $1,425,000. This is an average list price of $1,087,500 or $344.18 per sq. ft. of living area.

There are no Stuart West homes currently under contract.

In the past 12 months, 7 Stuart West homes have sold.  Sale prices ranged from $700,000 up to $1,450,000.  This works out to an average sale price of $1,057,857 which is $357.42 per sq. ft. of living area.  These homes sold for an average of 98% of the list price. And, they averaged 35 days on the market before going under contract.

Click here to view the previous Stuart West market report!

About Stuart West in Palm City Farms FL:

Stuart West in Palm City Florida
Google Earth image
Stuart West 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
Google Earth image

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

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
Google Earth image

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

Stuart West in Palm City Farms FL

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

Stuart West Homes for Sale

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 November 2022

Springtree Real Estate Market Report November 2022

11.24.22 by

Springtree Real Estate Market Report November 2022

For November 2022, there is 1 home available to purchase in Springtree. The list price is $584,900 or $292.60 per sq. ft. of living area.

There are no Springtree homes currently under contract.

6 Springtree homes have sold in the past 12 months.  Sales prices ranged from $453,500 up to $575,000.  This is an average sales price of $503,083 which equals $267.87 per sq. ft. of living area.  Sales prices averaged 100% of the list price and these homes took an average of 15 days to go under contract.

Click here to view the previous Springtree market report!

About the Springtree Community in Stuart FL:

Springtree in Stuart Florida
Google Earth image

Springtree homes for sale:

Springtree is a beautiful small development just west of US 1 in Stuart, Florida. Conveniently located between Indian Street and Salerno Road, Springtree is close to shopping, restaurants, beaches and easy access to I-95 for commuters. This community is a wonderful family neighborhood and in the Martin County ‘A’ rated school district, with Pinewood Elementary, Stuart Middle and Martin County High.

Recent Springtree home sales:

Engle Homes completed this community between the years 2000 and 2003. This is a gated community with a lighted lake and fountain as the centerpiece of the community.  Low HOA fees of approximately $120. month make this an affordable community.   Many homes boast fantastic private lakeside views. Springtree also has a number of preserve areas as well as a playground to keep the tots occupied.

Springtree in Stuart Florida

Search here for any available Springtree Homes for Sale

Springtree in Stuart 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.

Springtree Real Estate Market Report November 2022

Martin County Townhouses and Condos October 2022 Market Report

11.23.22 by

Martin County Townhouses and Condos October 2022 Market Report

The Martin County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales for the month were down by 4.9%.  They were down by 28.8% in September.  New sales under contract (new pending sales) were down by 41.2% from last year.  They were down by 31.3% in September.

Year-to-year prices continue to go up.  The median sales price increased by 45.2% (was up by 26.5% last month). While the average sales price increased by 25.1% (was up by 4.0% in September).

The inventory of available townhouses and condos increased by 28 units to 245 properties.  This is a 133.3% greater supply of inventory than we had in October 2021.  Currently, there’s a 2.6 months supply of inventory (compared to 0.9 months for October 2021).  We remain in a seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos October 2022 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 October 2022 Market Report

Ocean House Real Estate Market Report November 2022

11.23.22 by

Ocean House Real Estate Market Report November 2022

November 2022 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 $1,245,000 which is $929.10 per square foot of living area. 

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

In the past 12 months, there have been 5 Ocean House condo sales.  Sales prices ranged from $695,000 up to $1,250,000.  This is an average sales price of $940,000 which equals $669.90 per square foot of living area.  These condos sold for an average of 104% of the list price. And, they went under contract in an average of 7 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 condos in Indian River Plantation on Hutchinson Island
Google Earth image

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

Ocean House condos in Indian River Plantation on Hutchinson Island

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 condos in Indian River Plantation on Hutchinson Island
Google Earth image

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

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

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

Ocean House at Indian River Plantation

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

Search for all Ocean House Condos for sale

Search for all Indian River Plantation Condos for sale

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 November 2022

Martin County Single Family Homes October 2022 Market Report

11.22.22 by

Martin County Single Family Homes October 2022 Market Report

The Martin County Single Family Homes Market Report continues to show weaker sales activity when compared to last year. The inventory numbers are improving, but we are facing headwinds with increasing mortgage rates as well as stubbornly high prices. Closed sales were down by 36.2% from last year (they were down by 15.3% in September). At the same time, new pending sales decreased by 38.1% as compared to last year (decreased by 38.6% last month).

Year-to-year prices were up for the month of October.  The median sales price increased from last year by 14.8% (up by 21.1% in September) while the average sales price increased by 42.1% (up by 18.2% last month).

The inventory of available single-family homes increased by 35 units from last month to 521. This is a 107.6% larger inventory than last October.  The current supply of homes is 2.9 months.  For October of last year, it was 1.0 months of supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes October 2022 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 October 2022 Market Report

Legacy Cove Real Estate Market Report November 2022

11.16.22 by

Legacy Cove Real Estate Market Report November 2022

For November 2022, there are 4 homes available to purchase in Legacy Cove in Stuart, FL.  The list prices range from $499,900 up to $615,000. This is an average list price of $544,975 or $279.70 per sq. ft. of living area.

Currently, there are no Legacy Cove homes under contract.

In the past 12 months, 7 homes have sold in Legacy Cove. The sales prices ranged from $501,000 up to $697,900. This is an average sales price of $617,843 which works out to $318.38 per sq. ft. of living area.  These sales averaged 101% of the list price. And, they went under contract in an average of 16 days after going on the market.

Click here to view the previous Legacy Cove market report!

About Legacy Cove in Stuart FL:

Legacy Cove in Stuart Florida
Google Earth image
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 in Stuart Florida
Google Earth image

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

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
Google Earth image

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

Legacy Cove in Stuart FL
Clubhouse

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 November 2022

Martin County Townhouses and Condos September 2022 Market Report

10.23.22 by

Martin County Townhouses and Condos September 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last September. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales for the month were down by 28.8%.  They were down by 15.1% in August.  New sales under contract (new pending sales) were down by 31.3% from last year.  They were down by 8.0% in August.

Prices continue to go up.  The median sales price increased by 26.5% (was up by 47.6% last month). While the average sales price increased by 4.0% (was up by 23.1% in August).

The inventory of available townhouses and condos increased by 6 units to 217 properties.  This is an 85.5% greater supply of inventory than we had in September 2021.  Currently, there’s a 2.3 months supply of inventory (compared to 1.0 months for September 2021).  We remain in a very extreme seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos September 2022 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 September 2022 Market Report

Martin County Single Family Homes September 2022 Market Report

10.22.22 by

Martin County Single Family Homes September 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last September. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 15.3% from last year (they were down by 17.6% in August).  While new pending sales decreased by 38.6% as compared to last year (decreased by 6.8% last month).

Prices were up for the month of September.  The median sales price increased from last year by 21.1% (up by 33.3% in August) while the average sales price increased by 18.2% (down by 0.5% last month).

The inventory of available single-family homes decreased by 4 from last month to 486. This is a 67.6% larger inventory than last September.  The current supply of homes is 2.7 months.  For September of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes September 2022 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes August 2022 Market Report

Sewalls Landing Real Estate Market Report October 2022

10.09.22 by

Sewalls Landing Real Estate Market Report October 2022

For October 2022, there is 1 home for sale in Sewalls Landing, The list price is $2,350,000 which is $497.14 per sq. ft. of living area.

There are no Sewalls Landing homes currently under contract.

In the past 12 months, there haven’t been any Sewalls Landing home sales.

Click here to view the previous Sewalls Landing market report!

About Sewalls Landing:

Sewalls Landing in Jensen Beach Florida
Google Earth image

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 in Jensen Beach Florida
Google Earth image

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

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.

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 April 2022 Market Report

Fairwinds Cove Real Estate Market Report October 2022

10.03.22 by

Fairwinds Cove Real Estate Market Report October 2022

There are 3 condos currently available for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. The list prices range from $375,000 up to $449,000. This is an average list price of $407,667 which works out to $359.72 per square foot of living area.

There is 1 condo currently under contract. It was listed for $399,900 or $330.22 per square foot of living area.  This condo was on the market for 17 days before going under contract.

In the past 12 months, 7 Fairwinds Cove condos have sold.  Sales prices ranged from $301,000 up to $460,000.  This works out to an average sales price of $371,143 which equals $320.30 per square foot of living area.  These condos sold for an average of 98% of the list price and were on the market for an average of 24 days before going under contract.

Click here for the previous Fairwinds Cove market report!

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove 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 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.

Search for Fairwinds Cove Condos in Jensen Beach

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 October 2022

Martin County Townhouses and Condos August 2022 Market Report

09.26.22 by

Martin County Townhouses and Condos August 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales for the month were down by 15.1%.  They were down by 29.1% in July.  New sales under contract (new pending sales) were down by 8.0% from last year.  They were down by 6.1% in July.

Prices continue to go up.  The median sales price increased by 47.6% (was up by 35.8% last month). While the average sales price increased by 23.1% (was up by 12.2% in July).

The inventory of available townhouses and condos increased by 13 units to 211 properties.  This is a 56.3% greater supply of inventory than we had in August 2021.  Currently, there’s a 2.1 months supply of inventory (compared to 1.1 months for August 2021).  We remain in a very extreme seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos August 2022 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos August 2022 Market Report

South Fork Estates Real Estate Market Report September 2022

09.26.22 by

South Fork Estates Real Estate Market Report September 2022

There are no homes for sale in the South Fork Estates in Stuart FL for September 2022.

There are also no South Fork Estates homes under contract at this time.

In the past 12 months, there have been 4 South Fork Estates home sales.  Sales prices ranged from $629,000 up to $920,000.  This works out to an average sales price of $770,000 which is $344.39 per square foot of living area.   These homes averaged 20 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here for the previous South Fork Estates market report!

About South Fork Estates in Stuart FL:

South Fork Estates in Stuart Florida
Google Earth image

South Fork Estates homes for sale:

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

South Fork Estates in Martin County Florida
Google Earth image

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

Recently sold in South Fork Estates:

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

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

South Fork Estates in Martin County Florida
Google Earth image

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

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

Search for homes for sale in South Fork Estates

Recent market reports:

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

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

South Fork Estates Real Estate Market Report September 2022

Martins Crossing Real Estate Market Report September 2022

09.25.22 by

Martins Crossing Real Estate Market Report September 2022

For September 2022 there are 2 homes available for sale in Martins Crossing in Stuart FL.  The list prices are $339,900 and $449,000. This is an average list price of $394,450 which equals $232.42 per sq. ft. of living area.

There are also 2 Martins Crossing homes currently under contract.  The list prices are $365,000 and $699,900.  This equals an average list price of $532,450 which is $228.81 per sq. ft. of living area.  These homes went under contract in an average of 27 days.

In the past twelve months, 44 Martins Crossing homes have sold.  Sales prices ranged from a low of $235,000 to a high of $600,000.  This equals an average sales price of $381,406 which works out to $199.64 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 17 days.

Click here to view the previous Martins Crossing market report!

About Martins Crossing in Stuart FL:

Martins Crossing in Stuart Florida
Google Earth image

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 Clubhouse and Pool
Google Earth image

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 Townhomes
Google Earth image

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 September 2022

Martin County Single Family Homes August 2022 Market Report

09.23.22 by

Martin County Single Family Homes August 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last August. While the historically low inventory is slowly improving (though still low), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales were down by 17.6% from last year (were down by 46.9% in July).  While new pending sales decreased by 6.8% as compared to last year (decreased by 25.5% last month).

Prices were mixed for the month of August.  The median sales price increased from last year by 33.3% (it was up by 18.8% in July) while the average sales price decreased by 0.5% (it was up by 19.5% last month).

The inventory of available single-family homes decreased by 3 homes from last month to 490. This is 62.3% larger inventory than last August.  The current supply of homes is 2.6 months.  For August of last year, it was 1.2 months of supply.  We remain in an extreme seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers nor sellers is considered to be a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 2022 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes August 2022 Market Report

Tres Belle Real Estate Market Report September 2022

09.20.22 by

Tres Belle Real Estate Market Report September 2022

For September 2022, there is 1 home available for sale in the Tres Belle community of Stuart FL. The list price is $1,200,000 which equals $392.54 per sq. ft. of living area.

There is also 1 Tres Belle home currently under contract.  The list price was $1,250,000 or $361.17 per sq. ft. of living area.  This home was on the market for 21 days prior to going under contract.

7 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $800,000 up to $1,250,000.  The average sales price was $1,081,443 which comes out to $338.71 per sq. ft. of living area.  These homes went under contract in an average of 9 days after being listed. And, they sold for an average of 106% of the list price.

Click here to view the previous Tres Belle market report!

About Tres Belle in Stuart FL:

Tres Belle in Stuart Florida
Google Earth image
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.

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

Tres Belle in Stuart Florida
Google Earth image

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

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

Tres Belle Stuart Florida real estate

Click for all available Tres Belle homes for sale!

Search here for all Stuart FL real estate

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

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

Tres Belle Real Estate Market Report September 2022

Palm Cove Real Estate Market Report September 2022

09.04.22 by

Palm Cove Real Estate Market Report September 2022

There are 2 homes listed in the Palm Cove Yacht and Golf Club for September 2022 in Palm City, Florida. The list prices are $420,000 and $749,000. This is an average list price of $584,500 which is $231.06 per square foot of living area.

There are 4 homes currently under contract.    List prices ranged from $499,900 up to $1,295,000. This is an average list price of $759,975 which works out to $302.60 per square foot of living area. These homes were on the market for an average of 17 days before going under contract.

In the past 12 months, 9 Palm Cove homes have sold. The sales prices ranged from $345,000 up to $1,425,000.  This is an average sales price of $928,500 or $282.92 per square foot of living area.  These homes were on the market for an average of 17 days prior to going under contract. And, the sales prices averaged 101% 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
Google Earth image

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.

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

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 September 2022

Westwood Country Estates Market Report September 2022

09.02.22 by

Westwood Country Estates Market Report September 2022

As of September 2022, there is 1 home available to purchase in Westwood Country Estates in Palm City, FL. The list price is $999,000 or $244.25 per sq. ft. of living area.

There is also 1 Westwood Country Estates home currently under contract (pending sale). The list price was $1,275,000 which is $343.57 per sq. ft. of living area. This home was on the market for 8 days before going under contract.

There have been 4 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 $888,750 which is equal to $260.26 per sq. ft. of living area.  These sales averaged 98% of the list price. And, went under contract in an average of 13 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
Google Earth image

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!

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 Market Report September 2022

North River Shores Real Estate Market Report August 2022

08.26.22 by

North River Shores Real Estate Market Report August 2022

There are currently 2 active listings in the North River Shores neighborhood of Stuart Florida in August 2022. The list prices are $950,000 and $1,775,000. This is an average list price of $1,362,500 which equals $443.55 per square foot of living area.

There are also 2 North River Shores homes under contract at this time. The list prices were $1,150,000 and $2,387,000. This equals an average list price of $1,768,500 which is $721.57 per square foot of living area. These homes were on the market for an average of 29 days before going under contract.

In the past 12 months, 12 North River Shores homes have sold. Sales prices ranged from a low of $400,000 up to $2,310,000. This works out to an average sales price of $1,030,375 or $418.67 per square foot of living area. These homes sold for an average of 99% of the list price. And, they averaged 25 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 wonderful 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

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 2022

Hunters Creek Real Estate Market Report August 2022

08.25.22 by

Hunters Creek Real Estate Market Report August 2022

For August 2022, the Hunters Creek community in Palm Cit has no homes currently on the market. 

There is 1 Hunters Creek home currently under contract (pending sale). The list price was $574,900 or $229.78 per sq. ft. of living area. This home was on the market for 84 days before going under contract.

There have been 4 Hunters Creek homes sold in the past 12 months.  Sales prices ranged from $549,000 up to $725,000.  This equals an average sales price of $656,000 which equals $287.37 per sq. ft. of living area.  These homes sold for an average of 100% of the list price. And, they were under contract in an average of 4 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.

Hunters Creek homes for sale:

The 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 sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

Hunters Creek in Palm City FL
Google Earth Image

Recently sold in Hunters Creek:

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 2022

Martin County Townhouses and Condos July 2022 Market Report

08.24.22 by

Martin County Townhouses and Condos July 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last July. While we continue to have historically low inventory (though it is increasing), we are also facing rising interest rates and higher prices. I expect inventory to continue to increase which will exert downward pressure on prices and hopefully an increase in sales. Though, this will take some time. Closed sales for the month were down by 29.1%.  They were down by 26.1% in June.  New sales under contract (new pending sales) were down by 6.1% from last year.  They were down by 35.4% in June.

Prices continue to go up.  The median sales price increased by 35.8% (was up by 48.4% last month). While the average sales price increased by 12.2% (was up by 40.7% in June).

The inventory of available townhouses and condos increased by 11 units to 198 properties.  This is a 51.1% greater supply of inventory than we had in July 2021.  Currently, there’s a 2.0 months supply of inventory (compared to 1.1 months for July 2021).  We remain in a very extreme seller’s market for townhouses and condos in Martin County. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos July 2022 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos July 2022 Market Report