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
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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
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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
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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
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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 Clubhouse and Pool
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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 Townhomes
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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 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
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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.

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
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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
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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.

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
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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!

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
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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
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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
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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
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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

Foxwood Real Estate Market Report August 2022

08.24.22 by

Foxwood Real Estate Market Report August 2022

For August 2022, there are 2 homes listed for sale in the Foxwood community in Stuart FL. The list prices are both $950,000 which averages $336.63 per sq. ft. of living area.

There is 1 Foxwood home currently under contract. The list price was $899,000 which is $266.84 per sq. ft. of living area. This home was on the market for 30 days before going under contract.

In the past 12 months, 4 homes have sold in this much sought-after Stuart community.  Sales prices ranged from $775,000 up to $989,000.  This works out to an average sales price of $853,500 which equals $273.89 per sq. ft. of living area.  These sales took an average of 28 days on the market before going under contract. And, they sold for an average of 99% of the list price.

Click here to view the previous Foxwood market report!

About Foxwood Equestrian Community in Stuart FL:

Foxwood
Foxwood homes for sale:

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

Foxwood Equestrian Community in Martin County Florida

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

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

Recently sold in Foxwood:

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

Foxwood Equestrian Community in Martin County Florida

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

Currently Available Homes in Foxwood

Images courtesy of Google Earth

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

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

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

Stuart Florida Real Estate

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

Foxwood Real Estate Market Report August 2022

Martin County Single Family Homes July 2022 Market Report

08.23.22 by

Martin County Single Family Homes July 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than 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 were down by 46.9% from last year (were down by 32.7% in June).  While new pending sales decreased by 25.5% as compared to last year (decreased by 30.6% last month).

Prices were up for the month of July.  The median sales price increased from last year by 18.8% (it was up by 20.4% in June) while the average sales price increased by 19.5% (it was up by 2.4% last month).

The inventory of available single-family homes increased by 64 homes from last month to 493. This is 61.6% larger inventory than last July.  The current supply of homes is 2.6 months.  For July 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 July 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 July 2022 Market Report

Pipers Landing Real Estate Market Report August 2022

08.18.22 by

Pipers Landing Real Estate Market Report August 2022

There are 5 active listings for sale in Pipers Landing in Palm City FL in August 2022.  The list prices range from $625,000 up to $2,180,000. This is an average list price of $1,351,000 which equals $380.33 per sq. ft. of living area.

As of this time, there are no Pipers Landing homes or condos under contract in this golf and boating community.

In the past 12 months, 21 Pipers Landing homes and condos have sold.  The sales prices ranged from a low of $59,000 up to $1,750,000.  This works out to an average sales price of $457,780 which is $140.25 per sq. ft. of living area.  These homes averaged 72 days on the market before going under contract. And, they sold for an average of 93% of the list price. These sales include 5 condos and 16 detached single-family homes.

Click here to view the previous Pipers Landing market report!

About Pipers Landing in Palm City FL:

Pipers Landing in Palm City FL
Image courtesy of Google Earth

Pipers Landing homes and condos for sale:

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

Pipers Landing Golf and Yacht Club in Palm City Florida
Google Earth image

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

Recently sold in Pipers Landing:

Search for Pipers Landing Homes and Condos in Palm City Florida

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

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

Pipers Landing Real Estate Market Report August 2022

The Stuart Yacht and Country Club Real Estate Market Report August 2022

08.05.22 by

The Stuart Yacht and Country Club Real Estate Market Report August 2022

There are 4 homes currently for sale in the Yacht and Country Club of Stuart.  List prices range from $749,000 up to $1,169,000. This is an average list price of $937,000 which works out to $416.97 per sq. ft. of living area.

There are currently 4 Yacht and Country Club homes under contract. The list prices ranged from $850,000 up to $1,650,000.  The average list price of these pending sales is $1,096,000 or $423.01 per sq. ft. of living area.  These homes averaged 14 days on the market before going under contract.

35 Yacht and Country Club homes have sold in the past 12 months.  Sales prices ranged from $270,000 up to $2,650,000.  The average sales price was $707,631 which equals $293.74 per sq. ft. of living area.  These homes went under contract in an average of 23 days. And, the sales prices averaged 998 of the list price.

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

About the Stuart Yacht and Country Club:

The Yacht and Country Club of Stuart
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Yacht and Country Club homes for sale:

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

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

Recent sales in the Stuart Yacht and Country Club:

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

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

The Yacht and Country Club of Stuart



Truly a wonderful place to call home.

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

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

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

The Stuart Yacht and Country Club Real Estate Market Report August 2022

Martin County Single Family Homes 2022 2nd Quarter Report

08.01.22 by

Martin County Single Family Homes 2022 2nd Quarter Report

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

Martin County Single Family Homes 2022 2nd Quarter Report

The Martin County single-family home market had weaker sales volume and higher prices when compared to the 2nd quarter of 2021. The good news is that inventory is beginning to increase. The bad news is that it’s not enough yet and there are also higher prices and interest rates. This is causing a market that is in transition, though I think it will take some time and may be painful for both buyers and sellers of residential real estate before we see significant improvement.

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

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2022 2nd Quarter Report

Martin County Townhouses and Condos June 2022 Market Report

07.25.22 by

Martin County Townhouses and Condos June 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last June. 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. (Don’t ask me how long!) Closed sales for the month were down by 26.1%.  They were down by 19.9% in May.  New sales under contract (new pending sales) were down by 35.4% from last year.  They were down by 27.6% in May.

Prices continue to go up.  The median sales price increased by 48.4% (was up by 27.4% last month). While the average sales price increased by 40.7% (was up by 34.6% in May).

The inventory of available townhouses and condos increased by 49 units to 187 properties.  This is a 46.1% greater supply of inventory than we had in June 2021.  Currently, there’s a 1.8 months supply of inventory (compared to 1.1 months for June 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 June 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 June 2022 Market Report

Martin County Single Family Homes June 2022 Market Report

07.22.22 by

Martin County Single Family Homes June 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last June. 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. (Don’t ask me how long!)  Closed sales were down by 32.7% from last year (were down by 20.9% in May).  While new pending sales decreased by 30.6% as compared to last year (decreased by 27.2% last month).

Prices were up for the month of June.  The median sales price increased from last year by 20.4% (it was up by 24.4% in May) while the average sales price increased by 2.4% (it was down by 0.6% last month).

The inventory of available single-family homes increased by 88 homes from last month to 429. This is 41.1% larger inventory than last June.  The current supply of homes is 2.2 months.  For June 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 June 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 June 2022 Market Report

Sunset Trace Palm City Market Report June 2022

06.27.22 by

Sunset Trace Palm City Market Report June 2022

As of June 2022, there is only 1 Sunset Trace home for sale in Palm City FL.  The list price is $279,900 which is $203.71 per sq. ft. of living area.

There are 2 homes currently under contract.  The list prices were $265,000 and $279,900.  This works out to an average list price of $272,450 which equals $209.06 per sq. ft. of living area.  These homes were on the market for an average of 9 days prior to going under contract.

In the past 12 months, 52 homes have sold in Sunset Trace.  Sales prices ranged from a low of $201,000 up to $329,000.  This equals an average sales price of $257,318 or $197.09 per sq. ft. of living area.  These homes sold for an average of 100% of the list price. And, they were on the market for an average of 14 days before going under contract.

Click here to view recent Sunset Trace market reports!

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 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 Palm City Market Report June 2022

Martin County Townhouses and Condos May 2022 Market Report

06.24.22 by

Martin County Townhouses and Condos May 2022 Market Report

The Martin County Townhouses and Condos had weaker sales volume when compared to last May. Due mostly because we continue to be in a market with low inventory (which may be changing) and increasing borrowing costs. Closed sales for the month were down by 19.9%.  They were down by 24.8% in April.  New sales under contract (new pending sales) were down by 27.6% from last year.  They were down by 26.3% in April.

Prices continue to go up.  The median sales price increased by 27.4% (was up by 22.9% last month). While the average sales price increased by 34.6% (was up by 0.1% in April).

The inventory of available townhouses and condos increased by 21 units to 138 properties.  This is a 6.2% greater supply of inventory than we had in May 2021.  Currently, there’s a 1.3 months supply of inventory (compared to 1.1 months for May 2022).  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 May 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 May 2022 Market Report

Martin County Single Family Homes May 2022 Market Report

06.23.22 by

Martin County Single Family Homes May 2022 Market Report

The Martin County Single Family Homes Market Report showed considerably weaker activity than last May. We remain in a market with low inventory (though that is in the process of changing) and rising borrowing costs that are significantly affecting the real estate market.  Closed sales were down by 20.9% from last year (were down by 32.2% in April).  While new pending sales decreased by 27.2% as compared to last year (decreased by 31.9% last month).

Prices were mixed for the month of May.  The median sales price increased from last year by 24.4% (it was up by 26.5% in April) while the average sales price decreased by 0.6% (it was down by 7.3% last month).

The inventory of available single-family homes increased by 73 homes from last month to 341 homes. This is a 23.6% larger inventory than last May.  The current supply of homes is 1.7 months.  For May 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 May 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 May 2022 Market Report