Florida Townhouses and Condos September 2024 Market Report

10.24.24 by

Florida Townhouses and Condos September 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 20.7% compared to last month’s decrease of 14.9%.  New sales under contract (new pending sales) decreased by 16.3% (In August, there was a 19.0% decrease).

Prices were mixed for September compared to last year. The median sales price was down by 3.4% for September (down by 4.3% in August). And the average sales price increased by 1.8% (was up by 3.7% in August).

The inventory of active listings increased by 65.3% from September last year.  This results in a 7.4-month supply of inventory as compared to a 4.1-month supply for September 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos September 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos September 2024 Market Report

Florida Townhouses and Condos August 2024 Market Report

09.21.24 by

Florida Townhouses and Condos August 2024 Market Report

Florida Townhouses and Condos real estate market had weaker sales activity when compared to last year. We continue to face headwinds with many economic uncertainties and high mortgage rates, though recent moves from the Fed should hopefully sooner than later. Closed sales were down by 14.9% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 19.0% (In July, there was a 10.4% decrease).

Prices were down for August compared to last year. The median sales price was down by 4.3% for August (down by 1.3% in July). And the average sales price increased by 3.7% (was up by 3.0% in July).

The inventory of active listings increased by 74.7% from August last year.  This results in a 7.2-month supply of inventory as compared to a 3.8-month supply for August 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos August 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos August 2024 Market Report

Florida Townhouses and Condos July 2024 Market Report

08.23.24 by

Florida Townhouses and Condos July 2024 Market Report

Florida Townhouses and Condos real estate market report had slightly weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 1.2% compared to last month’s decrease of 20.5%.  New sales under contract (new pending sales) decreased by 10.4% (In June, there was a 7.9% decrease).

Prices were mixed for July compared to last year. The median sales price was down by 1.3% for July (unchanged in June). And the average sales price increased by 3.0% (was up by 2.4% in June).

The inventory of active listings increased by 91.1% from July last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for July 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos July 2024 Market Report
Florida Townhouses and Condos July 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos July 2024 Market Report

Florida Townhouses and Condos June 2024 Market Report

07.24.24 by

Florida Townhouses and Condos June 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 20.5% compared to last month’s decrease of 8.6%.  New sales under contract (new pending sales) decreased by 7.9% (In May, there was a 13.8% decrease).

Prices were up for June compared to last year. The median sales price was up by 0.0% for June (also up by 1.5% in May). And the average sales price increased by 2.4% (was up by 3.1% in May).

The inventory of active listings increased by 91.9% from June last year.  This results in a 7.4-month supply of inventory as compared to a 3.6-month supply for June 2023.  We remain in a buyer’s market for Florida townhouse and condo sales after a long stretch in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos June 2024 Market Report
Florida Townhouses and Condos June 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos June 2024 Market Report

Woodmill Pond Townhomes Stuart FL Market Report June 2024

06.25.24 by

Woodmill Pond Townhomes Stuart FL Market Report June 2024

For June 2024, 3 townhomes are available to purchase in the Woodmill Pond community of Stuart FL. The list prices range from $399,000 up to $443,500. This is an average list price of $420,800 which is $187.32 per sq. ft. of living space. 

At this time, there are no Woodmill Pond homes under contract.

In the past 12 months, 6 Woodmill Pond townhomes have sold.  The sales prices ranged from $351,000 up to $435,000. This is an average sales price of $401,983 which is $179.76 per sq. ft. of living area.  These homes were on the market for an average of 100 days before going under contract. And, they sold for an average of 98% of the last list price.

Click here to view recent Woodmill Pond market reports!

About Woodmill Pond Townhomes in Stuart FL:

Woodmill Pond in Stuart Florida
Google Earth image

Woodmill Pond is very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL. This is a townhome development of 50 units, which was built in 2007 and in 2010.  All units are two-level townhomes with 2 car garages. The complex is deeded as condos, meaning the exterior maintenance, common areas, and insurance are all included in the association fees. A newer construction community with all the latest codes in compliance with most homes having hurricane impact glass making hurricane shutters unnecessary. The HOA fees cover Common Areas, Insurance-Bldg, Lawn Care, Maintenance Exterior, Manager, Recreational Facilities, Reserve Funds, Water, and Sewer.

Woodmill Pond in Stuart Florida
Google Earth image

All homes in Woodmill Pond have 3 bedrooms with 2 and ½ bathrooms.  The ones built in 2007 have 2,076 sq. ft. of living area (under air-conditioned space) while those built in 2010 are larger with 2,299 sq. ft.  There’s a clubhouse and a heated community swimming pool.  Additionally, up to two pets are allowed per unit, and rentals are also permitted with some restrictions.

Children living in Woodmill Pond attend Seawind Elementary, Murray Middle, and South Fork High Schools.

Very close to a number of golf courses as well as just minutes to historic downtown Stuart to the north and the Town of Jupiter to the south.  Also close to shopping, restaurants, beaches, boating facilities, and medical services.

Woodmill Pond townhomes in Stuart FL

Search here for Woodmill Pond townhomes in Stuart FL

Woodmill Pond townhomes for sale 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.

Woodmill Pond Townhomes Stuart FL Market Report June 2024

Florida Townhouses and Condos May 2024 Market Report

06.22.24 by

Florida Townhouses and Condos May 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 8.6% compared to last month’s increase of 1.9%.  New sales under contract (new pending sales) decreased by 13.8% (In April, there was a 4.3% decrease).

Prices were up for May compared to last year. The median sales price was up by 1.5% for May (also up by 3.1% in April). And the average sales price increased by 3.1% (was up by 8.2% in April).

The inventory of active listings increased by 91.3% from May last year.  This results in a 7.2-month supply of inventory as compared to a 3.6-month supply for May 2023.  We have slipped into a buyer’s market for Florida townhouse and condo sales after a long period of being in a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos May 2024 Market Report
Florida Townhouses and Condos May 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos May 2024 Market Report

Florida Townhouses and Condos April 2024 Market Report

05.23.24 by

Florida Townhouses and Condos April 2024 Market Report

Florida Townhouses and Condos real estate market report had slightly stronger sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were up by 1.9% compared to last month’s decrease of 16.6%.  New sales under contract (new pending sales) decreased by 4.3% (In March, there was a 12.6% decrease).

Prices were up for April compared to last year. The median sales price was up by 3.1% for April (also up by 3.1% in March). And the average sales price increased by 8.2% (was up by 1.5% in March).

The inventory of active listings increased by 84.5% from April last year.  This results in a 6.9-month supply of inventory as compared to a 3.5-month supply for April 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos April 2024 Market Report
Florida Townhouses and Condos April 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos April 2024 Market Report

Florida Townhouses and Condos March 2024 Market Report

04.19.24 by

Florida Townhouses and Condos March 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we face headwinds with economic uncertainties and stubbornly high mortgage rates. I still expect the market to improve with a gradual return to a historically normal real estate market. Closed sales were down by 16.6% compared to last month’s decrease of 2.5%.  New sales under contract (new pending sales) decreased by 12.6% (In February, there was a 4.8% decrease).

Prices were up for March compared to last year. The median sales price was up by 3.1% for March (was up by 3.2% in February). And the average sales price increased by 1.5% (was up by 3.4% in February).

The inventory of active listings increased by 77.9% from March last year.  This results in a 6.6-month supply of inventory as compared to 3.4-month for March 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos March 2024 Market Report
Florida Townhouses and Condos March 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos March 2024 Market Report

Florida Townhouses and Condos February 2024 Market Report

03.22.24 by

Florida Townhouses and Condos February 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 2.5% compared to last month’s decrease of 1.2%.  New sales under contract (new pending sales) decreased by 4.8% (In January, there was a 8.5% decrease).

Prices were up for February compared to last year. The median sales price was up by 3.2% for February (was also up by 3.2% in January). And the average sales price increased by 3.4% (was up by 3.0% in January).

The inventory of active listings increased by 73.3% from February last year.  This results in a 6.3 months supply of inventory as compared to 3.2 months for February 2023.  We have entered into a balanced market for Florida townhouse and condo sales after a really long period of a seller’s market.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

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

Florida Townhouses and Condos February 2024 Market Report
Florida Townhouses and Condos February 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos February 2024 Market Report

Florida Townhouses and Condos January 2024 Market Report

02.23.24 by

Florida Townhouses and Condos January 2024 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 1.2% compared to last month’s decrease of 6.2%.  New sales under contract (new pending sales) decreased by 8.5% (In December, there was a 5.5% decrease).

Prices were up for January compared to last year. The median sales price was up by 3.2% for January (was up by 6.5% in December). And the average sales price increased by 3.0% (was up by 10.4% in December).

The inventory of active listings increased by 62.9% from January last year.  This results in a 5.8 months supply of inventory as compared to 3.1 months for January 2023.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

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

Florida Townhouses and Condos January 2024 Market Report
Florida Townhouses and Condos January 2024 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos January 2024 Market Report

Florida Townhouses and Condos December 2023 Market Report

02.02.24 by

Florida Townhouses and Condos December 2023 Market Report

Florida Townhouses and Condos real estate market report had weaker sales activity when compared to last year. The inventory numbers continue to grow, but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. I expect the market to improve and a gradual return to a historically normal real estate market. Closed sales were down by 6.2% compared to last month’s increase of 0.3%.  New sales under contract (new pending sales) decreased by 5.5% (In November, there was a 1.2% decrease).

Prices were up for December compared to last year. The median sales price was up by 6.5% for December (was up by 7.5% in November). And the average sales price increased by 10.4% (was up by 3.9% in November).

The inventory of active listings increased by 52.6% from December last year.  This results in a 5.1 months supply of inventory as compared to 2.8 months for December 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

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

Florida Townhouses and Condos December 2023 Market Report
Florida Townhouses and Condos December 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos December 2023 Market Report

Florida Townhouses and Condos November 2023 Market Report

12.21.23 by

Florida Townhouses and Condos November 2023 Market Report

Florida Townhouses and Condos real estate market report had marginally improved sales activity when compared to last year. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. Closed sales were up by 0.3% compared to last month’s decrease of 2.9%.  New sales under contract (new pending sales) decreased by 1.2% (In October, there was a 1.4% increase).

Prices were up for November compared to last year. The median sales price was up by 7.5% for November (was up by 3.9% in October). And the average sales price increased by 3.9% (was up by 11.3% in October).

The inventory of active listings increased by 49.8% from November last year.  This results in a 5.0 months supply of inventory as compared to 2.7 months for November 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7 months supply of inventory.

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

Florida Townhouses and Condos November 2023 Market Report
Florida Townhouses and Condos November 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos November 2023 Market Report

Florida Townhouses and Condos October 2023 Market Report

11.24.23 by

Florida Townhouses and Condos October 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with economic uncertainties, though mortgage rates appear to have peaked and starting to decrease. Closed sales were down by 2.9% compared to last month’s decrease of 0.2%.  New sales under contract (new pending sales) increased by 1.4% (In September, there was a 0.6% decrease).

Prices were up for October compared to last year. The median sales price was up by 3.9% for October (was up by 5.8% in September). And the average sales price increased by 8.5% (was up by 4.7% in September).

The inventory of active listings increased by 44.6% from October last year.  This results in a 4.6-month supply of inventory as compared to 2.5 months for October 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos October 2023 Market Report
Florida Townhouses and Condos October 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos October 2023 Market Report

Florida Townhouses and Condos September 2023 Market Report

10.20.23 by

Florida Townhouses and Condos September 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 0.2% compared to last month’s decrease of 7.2%.  New sales under contract (new pending sales) decreased by 0.6% (In August, there was a 11.0% decrease).

Prices were up for September compared to last year. The median sales price was up by 5.8% for September (was up by 6.2% in August). And the average sales price increased by 4.7% (was up by 10.8% in August).

The inventory of active listings increased by 36.4% from September last year.  This results in a 4.1-month supply of inventory as compared to 2.3 months for September 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos September 2023 Market Report
Florida Townhouses and Condos September 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos September 2023 Market Report

Florida Townhouses and Condos August 2023 Market Report

09.22.23 by

Florida Townhouses and Condos August 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing (though not as quickly as in the previous few months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.2% compared to last month’s decrease of 9.4%.  New sales under contract (new pending sales) decreased by 11.0% (In July, there was a 4.8% decrease).

Prices were up for August compared to last year. The median sales price was up by 6.2% for August (was up by 4.6% in July). And the average sales price increased by 10.8% (was up by 3.9% in July).

The inventory of active listings increased by 30.6% from August last year.  This results in a 3.8-month supply of inventory as compared to 2.2 months for August 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos August 2023 Market Report
Florida Townhouses and Condos August 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos August 2023 Market Report

Florida Townhouses and Condos July 2023 Market Report

08.28.23 by

Florida Townhouses and Condos July 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 9.4% compared to last month’s decrease of 11.0%.  New sales under contract (new pending sales) decreased by 4.8% (In June, there was an 3.6% decrease).

Prices were up slightly for July compared to last year. The median sales price was up by 4.6% for July (was unchanged at 0.0% in June). And the average sales price increased by 3.9% (was down 1.9% in June).

The inventory of active listings increased by 71.4% from July last year.  This results in 3.6 months supply of inventory as compared to 2.1 months for July 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos July 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos July 2023 Market Report

Florida Townhouses and Condos June 2023 Market Report

07.21.23 by

Florida Townhouses and Condos June 2023 Market Report

Florida Townhouses and Condos real estate market report continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 11.0% compared to last month’s decrease of 14.1%.  New sales under contract (new pending sales) decreased by 3.6% (In May, there was an 11.9% decrease).

Prices were mostly flat or lower for June with little changes from last year. The median sales price was unchanged for June (was up by 0.9% in May). And the average sales price decreased by 1.9% (was down 1.9% in May).

The inventory of active listings increased by 40.5% from June last year.  This results in 3.6 months supply of inventory as compared to 1.9 months for June 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Florida Townhouses and Condos June 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos June 2023 Market Report

Florida Townhouses and Condos May 2023 Market Report

06.23.23 by

Florida Townhouses and Condos May 2023 Market Report

Florida Townhouses and Condos real estate market report continue to show weaker sales activity when compared to last year, but is improving. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 14.1% compared to last month’s decrease of 26.8%.  New sales under contract (new pending sales) decreased by 11.9% (In April, there was an 18.1% decrease).

Year-to-year prices were mixed. The median sales price was up by 0.9% (was up by 4.8% in April). And the average sales price decreased by 1.9% (was up 1.1% in April).

The inventory of active listings increased by 72.4% from May last year.  This results in 3.6 months supply of inventory as compared to 1.5 months for May 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Florida Townhouses and Condos May 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos May 2023 Market Report

Woodmill Pond Townhomes Stuart FL Market Report June 2023

06.09.23 by

Woodmill Pond Townhomes Stuart FL Market Report June 2023

For June 2023, there are no townhomes available to purchase in the Woodmill Pond community of Stuart FL.

At this time, there is 1 Woodmill Pond home under contract. The list price was $374,900 or $168.42 per sq. ft. of living area. 

In the past 12 months, 3 Woodmill Pond townhomes have sold.  The sales prices ranged from $376,000 up to $432,500. This is an average sales price of $399,500 which is $183.37 per sq. ft. of living area.  These homes were on the market for an average of 32 days before going under contract. And, they sold for an average of 97% of the last list price.

Click here to view recent Woodmill Pond market reports!

About Woodmill Pond Townhomes in Stuart FL:

Woodmill Pond in Stuart Florida
Google Earth image

Woodmill Pond homes for sale:

Woodmill Pond is very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL. This is a townhome development of 50 units, which was built in 2007 and in 2010.  All units are two-level townhomes with 2 car garages. The complex is deeded as condos, meaning the exterior maintenance, common areas, and insurance are all included in the association fees. A newer construction community with all the latest codes in compliance with most homes having hurricane impact glass making hurricane shutters unnecessary. The HOA fees cover Common Areas, Insurance-Bldg, Lawn Care, Maintenance Exterior, Manager, Recreational Facilities, Reserve Funds, Water, and Sewer.

Woodmill Pond in Stuart Florida
Google Earth image

All homes in Woodmill Pond are 3 bedrooms with 2 and ½ bathrooms.  The ones built in 2007 have 2,076 sq. ft. of living area (under air-conditioned space) while those built in 2010 are larger with 2,299 sq. ft.  There’s a clubhouse and a heated community swimming pool.  Additionally, up to two pets are allowed per unit, and rentals are also permitted with some restrictions.

Recently sold in Woodmill Pond:

Children living in Woodmill Pond attend Seawind Elementary, Murray Middle, and South Fork High Schools.

Very close to a number of golf courses as well as just minutes to historic downtown Stuart to the north and the Town of Jupiter to the south.  Also close to shopping, restaurants, beaches, boating facilities, and medical services.

Woodmill Pond townhomes in Stuart FL

Search here for Woodmill Pond townhomes in Stuart FL

Woodmill Pond townhomes for sale 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.

Woodmill Pond Townhomes Stuart FL Market Report June 2023

Florida Townhouses and Condos April 2023 Market Report

05.19.23 by

Florida Townhouses and Condos April 2023 Market Report

Florida Townhouses and Condos real estate market report continue to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 26.8% compared to last month’s decrease of 23.5%.  New sales under contract (new pending sales) decreased by 18.1% (In March, there was a 19.3% decrease).

Year-to-year prices were higher. However, the rate of price increases has moderated which may indicate better future affordability. The median sales price was up by 4.8% (was up by 3.9% in March). And the average sales price increased by 1.1% (was up 1.1% in March).

The inventory of active listings increased by 97.4% from April last year.  This results in 3.5 months supply of inventory as compared to 1.3 months for April 2022.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

Florida Townhouses and Condos April 2023 Market Report
Download/view the full report

View previous Florida townhouses and condo market reports by clicking this link.

To view the latest 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.

Florida Townhouses and Condos April 2023 Market Report