Martin County Townhouses and Condos 2023 4th Quarter Report

01.29.24 by

Martin County Townhouses and Condos 2023 4th Quarter Report

Click the image below to view the full details of the Martin County Townhouses and Condos Quarterly Report as reported by Florida Realtors.

Martin County Townhouses and Condos 2023 4th Quarter Report
Martin County Townhouses and Condos 2023 4th Quarter Report

For the Martin County townhouses and condos real estate market there is a continued trend of reduced sales volume. Prices rose for this quarter, though at a much-reduced rate from previous reports. Inventory is continuing to increase but at a slower rate. Buyers are starting to re-enter the market as interest rates have started to decrease. I sense a turnaround in the market is imminent to where we enter a historically normal real estate market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

See previous Martin County quarterly reports

Martin County Townhouses and Condos 2023 4th Quarter Report

Pine Ridge Real Estate Market Report January 2024

01.29.24 by

Pine Ridge Real Estate Market Report January 2024

There are 9 condos for sale in the Pine Ridge community at Martin Downs in Palm City FL for January 2024. The list prices range from $229,000 up to $349,850. This is an average list price of $272,350 or $229.32 per sq. ft. of living space.

There is only 1 condo currently under contract in Pine Ridge. The list price was $249,900 which works out to $170.23 per sq. ft. of living area. This condo was on the market for 6 days before going under contract.

In the past 12 months, 8 Pine Ridge condos have sold. Sales prices ranged from a low of $175,000 up to a high of $299,000.  This works out to an average sales price of $225,125 which equals $213.57 per sq. ft. of living area. These condos sold for an average of 96% of the list price. And, they were on the market for an average of 20 days before going under contract.

Click here to view the previous Pine Ridge market report

About the Pine Ridge Condos at Martin Downs:

Pine Ridge condos in Martin Downs in Palm City Florida
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Pine Ridge condos in Martin Downs in Palm City Florida
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Pine Ridge was built from 1986 through 1995 and consists of both condos as well as villas. There are numerous floor plans ranging from 3 bedroom, 2 bath units down to 1 bedroom, 1 bath condos. As a bonus, some condos come with a detached garage while the rest have assigned parking along with lots of space for guest parking as well.

There are two lakes on the grounds as well as a community swimming pool, tennis courts, and a bocce court. Two small pets are permitted. No trucks or motorcycles are allowed.

Pine Ridge Condos at Martin Downs
Pine Ridge Condos at Martin Downs

In conclusion, this is a wonderful community welcoming all ages and one of the most affordable options for those wishing to live in Palm City. Especially desirable for young families who wish to take advantage of Palm City’s ‘A’ rated schools.

Pine Ridge Condos in Palm City

Click this link to search for available Pine Ridge Condos for Sale

Pine Ridge Condos for Sale in Palm City FL

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.

Pine Ridge Real Estate Market Report January 2024

Martin County Single Family Homes 2023 4th Quarter Report

01.28.24 by

Martin County Single Family Homes 2023 4th Quarter Report

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

Martin County Single Family Homes 2023 4th Quarter Report
Martin County Single Family Homes 2023 4th Quarter Report

The Martin County single-family home real estate market showed improved sales activity along with moderating price increases. The inventory continues to grow and buyers seem to be returning to this segment of the Florida real estate market. I sense a turnaround in this market and that we are reentering into a historically normal real estate market.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

View previous Martin County quarterly reports

Martin County Single Family Homes 2023 4th Quarter Report

Martin Downs Country Club Real Estate Market Report January 2024

01.28.24 by

Martin Downs Country Club Real Estate Market Report January 2024

For January 2024, there are 12 homes for sale in the Martin Downs Country Club in Palm City FL.  The list prices range from $279,000 up to $1,525,000. This is an average list price of $701,075 which works out to $279.40 per sq. ft. of living area.

There are 4 Martin Downs homes currently under contract. List prices ranged from $325,000 up to $749,999. This works out to an average list price of $451,000 which equals $247.81 per sq. ft. of living space. These homes averaged 27 days on the market before going under contract.

In the past 12 months, 43 Martin Downs Country Club homes have sold. Sales prices ranged from $275,000 up to $1,275,000. This equals an average sales price of $476,495 or $243.34 per sq. ft. of living area. These homes averaged 73 days on the market before going under contract. And, they sold for an average of 96% of the list price.

Click here to view the previous Martin Downs market report

About the Martin Downs Country Club:

Martin Downs Country Club in Palm City Florida
Google Earth image
Martin Downs Country Club in Palm City Florida
Google Earth image

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums. The communities within the Martin Downs Country Club include the Clubhouse Court Condos, Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Pheasant Run, Quail Meadow, and Starling Court.

Martin Downs Country Club in Palm City Florida

HOA fees and pet restrictions vary by community. For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Martin Downs Country Club
Martin Downs Country Club
Martin Downs Country Club 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.

Martin Downs Country Club Real Estate Market Report January 2024

Florida Townhouses and Condos 2023 4th Quarter Report

01.27.24 by

Florida Townhouses and Condos 2023 4th Quarter Report

Click the image below to view the 2023 4th Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2023 4th Quarter Report

For the 4th quarter of 2023, the Florida townhouse and condo real estate market continued the trend of reduced sales volume. Prices rose for this quarter, though at a much-reduced rate from previous reports. Inventory is continuing to increase but at a slower rate. Buyers are starting to re-enter the market as interest rates have started to decrease. I sense a turnaround in the market is imminent to where we enter a historically normal real estate market.

Click here to view/download the full report

View previous Florida quarterly reports here.

View the entire set of data at GabeSanders.com

Florida Townhouses and Condos 2023 4th Quarter Report

Hidden Bay Real Estate Market Report January 2024

01.27.24 by

Hidden Bay Real Estate Market Report January 2024

As of January 2024, there are no homes available for sale in the Hidden Bay neighborhood in Palm City FL.

Also, there are no Hidden Bay homes currently under contract.

In the past 12 months, 2 homes have sold in Hidden Bay. The sales prices were $499,900 and $525,000. This is an average sales price of $512,450 which is $256.49 per sq. ft. of living area. These homes were on the market for an average of 25 days before going under contract. And the sales prices averaged 93% of the list price.

Click here to view the last Hidden Bay market report

About the Hidden Bay community in Palm City FL:

Hidden Bay in Palm City Florida
Google Earth image

This is a secluded private community in northern Palm City just off Murphy Road with several waterfront homes on Bessey Creek. There are just 30 homes in this community.  This is not gated and has no HOA fees nor any amenities of a homeowners’ association.

Hidden Bay in Palm City Florida
Google Earth image

The first home recorded in Hidden Bay was built in 1978 with the last one completed in 2013. It appears that no more vacant lots are available in Hidden Bay. There are 11 ocean-access waterfront homes as well as 5 non-ocean access waterfront homes with the remaining homes not being waterfront in Hidden Bay.

Homes in Hidden Bay range from under 2,000 sq. ft. ranch homes to just under 5,000 sq. ft. two-story estate-style homes with up to 5 bedrooms and 4 bathrooms. Additionally, children are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle, and Martin County High Schools.

Hidden Bay in Palm City Florida

In conclusion, Hidden Bay represents one of the lesser-known areas in Palm City. A true hidden gem.

Hidden Bay in Palm City FL
Hidden Bay in Palm City FL

Click here to see if any Hidden Bay Homes are available for sale.

Hidden Bay homes for sale in Palm City 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.

Hidden Bay Real Estate Market Report January 2024

Florida Single Family Homes 2023 4th Quarter Report

01.26.24 by

Florida Single Family Homes 2023 4th Quarter Report

Click the image below to view the full details of the 2023 4th quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2023 4th Quarter Report

For the 4th quarter of 2023, Florida single-family homes continued the trend of reduced sales volume. Prices rose for this quarter, though at a much-reduced rate from previous reports. Inventory is continuing to increase but at a slower rate. Buyers are starting to re-enter the market as interest rates have started to decrease. I sense a turnaround in the market is imminent to where we enter a historically normal real estate market.

Click here to view/download the full report

View the entire set of data at the GabeSanders.com market data page.

Click here to view the previous Florida quarterly market reports

Florida Single Family Homes 2023 4th Quarter Report

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

01.26.24 by

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

For January 2024, there are 8 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island. The list prices range from $349,300 up to $599,999. This is an average list price of $485,537 which is $480.76 per sq. ft. of living area.

There is 1 Oceana Oceanside condo currently under contract. The list price was $529,000 or $517.11 per sq. ft. of living space. This condo was on the market for 2o days before going under contract.

In the past 12 months, 19 Oceana North/Oceanside condos have sold. Sales prices ranged from $300,000 up to $654,000. This equals an average sales price of $457,763 which works out to $459.73 per sq. ft. of living space. These condos sold for an average of 97% of the last list price. And, they averaged 65 days on the market before going under contract.

Click here to view the previous Oceana North condo market report!

About the Oceana Oceanfront and North Condos:

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
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The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana I was built in 1975 and is a 12-story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units. Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area. Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft. The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
Google Earth image

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle wash areas.

Both buildings share a large clubhouse with a fitness and game room, kitchen and bar, and a large social area. 1 small pet is allowed as well as rentals with a 3-month minimum lease restriction. There are four tennis courts directly across the street as well as 2 RV/Boat parking areas. Trucks are also allowed.

Oceana North and Oceana II condos on Hutchinson Island in Jensen Beach Florida
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Condo fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal, and Water.

Oceana North and Oceanfront Condos in Jensen Beach
Search Links:

Click on this link to search for available Oceana North Condos in Jensen Beach

Oceana Oceanfront Condos on Hutchinson Island in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Oceana Oceanfront and North Condos Real Estate Market Report January 2024

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

01.25.24 by

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

The St Lucie County Townhouses and Condos Sales for 2023 continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues such as prices that rose too rapidly and increasing mortgage rates. Though the sales numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 10.5% as compared to 2022 which saw a decrease of 27.3% and new sales under contract (new pending sales) decreased by 5.3% (2022 saw a decrease of 28.7%).

St Lucie County Townhouses and Condos Sales 2023 Yearly Review
Click the image for the full report

Prices were up when compared to last year, however, these prices are not rising as fast as in previous years. The median sales price increased by 8.9% compared to the 19.1% rise last year. The average sales price was up by 0.8% as compared to the 20.0% increase in 2022.

Inventory increased by 91.1% as compared to 2022’s increase of 99.3%. At the same time, the monthly supply of inventory rose to 6.4 months as compared to 3.0 months for 2022.  Entering into a balanced market for Saint Lucie County townhouses and condos after a long stretch of being in a seller’s market.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales for 2023

View previous St Lucie County Yearly Reviews Here!

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.

St Lucie County Townhouses and Condos Sales 2023 Yearly Review

Murano Real Estate Market Report January 2024

01.25.24 by

Murano Real Estate Market Report January 2024

Palm City Florida Real Estate

There are 2 homes currently available for purchase in the Murano community in Palm City FL. The list prices are $525,000 and $668,000. This is an average list price of $596,500 which is $236.54 per sq. ft. of living space.

There are no Murano homes under contract at this time.

In the past 12 months, 3 Murano homes have sold. The sales prices ranged from $495,000 up to $724,000.  This works out to an average sales price of $603,100 which equals $243.99 per sq. ft. of living area.  These homes were on the market for an average of 101 days before going under contract.  And, they sold for an average of 97% of the list price.

Click here to view the previous Murano market report!

About the Murano Community in Palm City FL:

Murano in Palm City Florida
Google Earth image

Conveniently located off of Martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two-story 5-bedroom, 4-bathroom homes of over 3,200 sq. ft. to single-story 2-bedroom, 2-bath homes of just over 1,700 sq. ft.

Murano Homes in Palm City Florida
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This is a very family-friendly neighborhood close to “A” rated schools, shopping, and Florida’s Turnpike for commuters. There is a community pool and low HOA fees.

The Murano community in Palm City offers newer construction at a relatively affordable price (compared to neighboring newer construction communities). Making it an excellent choice for budget-minded families as well as retirees looking to live in a vibrant Treasure Coast community with excellent amenities only a short drive away.

For those interested in the Murano community of Palm City, please let me know if you’d like to be placed on an automatic listing notifier of available homes in this community.

Murano Homes in Palm City Florida
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Click here to view the current Murano homes for sale

Murano homes for sale in Palm City 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.

Murano Real Estate Market Report January 2024

The Archipelago Real Estate Market Report January 2024

01.24.24 by

The Archipelago Real Estate Market Report January 2024

For January 2024, only 1 home is available for purchase in the Archipelago of Sewalls Point in Stuart FL. The list price is $2,589,000 which is $848.57 per sq. ft. of living area.

There are no Archipelago homes currently under contract.

In the past 12 months, there have been 2 Archipelago of Sewalls Point home sales. The sales prices were $2,300,000 and $2,450,000. This equals an average sales price of $2,375,000 which works out to $1,003.45 per sq. ft. of living space. These homes were on the market for an average of 38 days before going under contract. And, they sold for an average of 91% of the last list price.

Click here to view the last Archipelago market report

About the Archipelago of Sewalls Point:

The Archipelago of Sewalls Point in Stuart Florida
Google Earth image

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida. All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals. The Saint Lucie Inlet to the Atlantic is less than two miles away by water. Access is maintained by dredging all Archipelago waterways to 6’. Homes range from modest older frame homes to spectacular estate lots with magnificent views.

The Archipelago of Sewalls Point in Stuart Florida
Google Earth image

Search here for homes in the Archipelago

The Archipelago of Sewalls Point FL 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.

The Archipelago Real Estate Market Report January 2024

Martin County Townhouses and Condos Sales 2023 Yearly Review

01.23.24 by

Martin County Townhouses and Condos Sales 2023 Yearly Review

The Martin County Townhouses and Condos Sales for 2023 is now showing the turnaround the real estate market has experienced with prices that rose too rapidly and increasing mortgage rates. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 5.5% as compared to 2022 which were down by 20.8% and new sales under contract (new pending sales) increased by 1.8% (2022 saw a decrease of 25.9%).

Martin County Townhouses and Condos Sales 2023 Yearly Review
Click on the image to view the full report

Both median and average sales prices were up (year to year) by 5.4% and 9.9% respectively (2022 numbers were 31.5% and 18.3%).  However, prices are not rising as fast as in previous years.

Inventory increased by 54.3% as compared to 2022’s decrease of 282.9%. And the supply of inventory rose to 5.2 months as compared to 3.7 months for 2022.  Still a seller’s market for Martin County townhouses and condos, but approaching a balanced market.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2023 Yearly Review

Here are the previous Martin County yearly reviews!

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.

Martin County Townhouses and Condos Sales 2023 Yearly Review

Canoe Creek Real Estate Market Report January 2024

01.23.24 by

Canoe Creek Real Estate Market Report January 2024

For January 2024, there are no homes for sale in Canoe Creek in Palm City.

There are also no Canoe Creek homes currently under contract.

In the past 12 months, 3 Canoe Creek homes have sold. The sales prices ranged from $540,000 up to $1,000,000. This works out to an average sales price of $741,667 which equals $269.03 per sq. ft. of living area. These homes went under contract in an average of 67 days after going on the market. And, were sold for an average of 94% of the last list price.

Click here to view the previous Canoe Creek market report

About Canoe Creek Real Estate in Palm City:

Canoe Creek in Palm City Florida
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Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes. They all have plenty of room for growing families or those looking for a little “elbow room”. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots up to just over an acre. Home sizes range from over 4,000 sq. ft. of living area with 5 bedroom, 5 bathroom, and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area. Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

Canoe Creek in Palm City Florida

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A-rated schools, recreation, and the exciting and beautiful Downtown Stuart. It is also close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Canoe Creek in Palm City Florida
Google Earth image

Low HOA fees make this an easily affordable community. It is a subdivision that offers privacy with room to spare between homes with individual mostly custom-designed and built homes at an affordable price.

Canoe Creek in Palm City FL

Search for Canoe Creek Homes for Sale

Canoe Creek Homes for Sale in Palm City 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.

Canoe Creek Real Estate Market Report January 2024

Martin County Single Family Home Sales 2023 Yearly Review

01.22.24 by

Martin County Single Family Home Sales 2023 Yearly Review

The Martin County Single Family Home Sales for 2023 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly and increasing mortgage rates. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were up by 0.1% (were down by 30.1% in 2022) and new sales under contract (new pending sales) increased by 1.3% (was down by 30.3% in 2022).

Martin County Single Family Home Sales 2023 Yearly Review
Click on the image for the full report

Both median and average sales prices continued to rise (2022 to 2023) by 3.5% and 2.5% respectively.  This rate while positive is not as high as last year which was 17.8% and 7.2% respectively in 2022.

The inventory of available homes for sale rose by 18.2% from 2022.  While the monthly supply of homes increased to 3.6 months. Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller nor the buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2023 Yearly Review

Click here to view previous Martin County yearly reviews!

To view the complete 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 Home Sales 2023 Yearly Review

Mystic Cove Real Estate Market Report January 2024

01.22.24 by

Mystic Cove Real Estate Market Report January 2024

As of January 2024, there is 1 home available for purchase in the Mystic Cove community of Hobe Sound FL are on the market. The list price is $1,600,000 which equals $631.66 per sq. ft. of living space.

There are no Mystic Cove homes currently under contract (pending).

In the past 12 months, 2 Mystic Cove homes have sold. The sales prices were $870,000 and $969,000. This works out to an average sales price of $919,500 or $384.95 per sq. ft. of living area. These homes were on the market for an average of 31 days before going under contract. And, they sold for an average of 98% of the last list price.

Click here to view the previous Mystic Cove market report!

About Mystic Cove in Hobe Sound:

Mystic Cove in Hobe Sound
Image courtesy of Google Earth

Mystic Cove in Hobe Sound is a gated community of only 35 lots. As of this writing, there are still 2 vacant lots that have yet to be built upon. This is a waterfront community on the Intracoastal Waterways and just on the east side of Gomez Ave about a half-mile north of Bridge Road (which accesses Jupiter Island and the shores of the crystal clear waters of the Atlantic Ocean.

Mystic Cove in Hobe Sound
Google Earth Image

Mystic Cove has 16 deeded docks available exclusively to owners within the community.  These docks are accessible via a boardwalk through the mango preserve area. These docks may have lifts with electricity and water available. Access to the Ocean is either through the Saint Lucie Inlet in Stuart or the Jupiter Inlet in Jupiter.

The homes in Mystic Cove were built from 1989 to 2008 and range in size from just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to over 3,500 sq. ft. and 4 bedrooms and 4 bathrooms. All of these lots are over one-quarter of an acre with the largest lots just over one-third of an acre.

Mystic Cove in Hobe Sound
Google Earth Image

Children in Mystic Cove are zoned to attend the Hobe Sound Elementary School, Murray Middle School, and South Fork High School.

Mystic Cove

Click on this link to see available homes for sale in Mystic Cove

Homes for sale in Mystic Cove in Hobe Sound

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.

Mystic Cove Real Estate Market Report January 2024

Florida Townhouses and Condos Sales 2023 Yearly Review

01.21.24 by

Florida Townhouses and Condos Sales 2023 Yearly Review

The Florida Townhouses and Condos Sales for 2023 continues to show weaker sales activity compared to previous years. The real estate market has experienced numerous issues with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Year-to-year closed sales were down by 16.0% compared to 2022 which saw a decrease of 21.7% and new sales under contract (new pending sales) decreased by 13.2% (2022 saw a decrease of 26.4%).

Florida Townhouses and Condos Sales 2023 Yearly Review
Florida Townhouses and Condos Sales 2023 Yearly Review

Both median and average sales prices were up (year to year) by 5.2% and 3.9% respectively (2022 numbers were 21.6% and 16.3%).  However, prices are not rising as fast as in previous years.

Inventory increased by 52.6% as compared to 2022’s increase of 65.0%. And, the supply of properties rose to 5.1 months as compared to 2.8 months in 2022.  Still a sellers’ market for Florida townhouses and condos, though approaching a balanced market.

 Click here to view or download the full report: 
Townhouses and Condos Sales in Florida for 2023

View previous Florida Townhouses and Condos Yearly Reviews Here!

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.

Florida Townhouses and Condos Sales 2023 Yearly Review

Monarch Country Club Real Estate Market Report January 2024

01.21.24 by

Monarch Country Club Real Estate Market Report January 2024

For January 2024, there are 10 homes for sale in the Monarch Country Club in Palm City FL. The list prices range from $474,900 up to $1,099,000. This is an average list price of $735,430 which works out to $333.45 per sq. ft. of living space.

Currently, there are 4 Monarch homes under contract. The list prices ranged from $499,900 up to $1,399,000. This works out to an average list price of $810,975 or $349.74 per sq. ft. of living area. These homes were on the market for an average of 92 days before going under contract.

In the past 12 months, 28 Monarch Country Club homes have sold. Sales prices ranged from a low of $400,000 up to $1,349,000. This equals an average sales price of $687,375 which equals $304.76 per sq. ft. of living space. These homes sold on average for 95% of the list price. And, they were on the market for an average of 40 days before going under contract.

Click here to view the previous Monarch market report

About the Monarch Country Club

Monarch Country Club in Palm City Florida
Google Earth image

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

Monarch Country Club in Palm City Florida

Homes in the Monarch Country Club range in size from estate-sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms, and a 2 car garage. For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are several social memberships also available including tennis and community pool memberships.

Monarch Country Club in Palm City Florida
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All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities, and the many boat ramps and waterways in Martin County.

About the Golf Club:

The championship course at Monarch boasts a 6,867-yard par 72 with a slope of 133 and a rating of 73.6. Shorter options exist for all levels of play. This is an Arnold Palmer-designed course that opened in 1987 and is currently managed as a ClubCorp facility.

Monarch Country Club in Palm City Florida
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There’s a beautiful clubhouse with a pro shop, fine dining room, snack bar, and outside bar that is open to club members and residents of Monarch Country Club. The two-story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club. This fine facility is also available for business, social conferences, and weddings. Adjacent to the clubhouse is a professional-caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, and tournaments are all accommodated by the friendly staff.

entrance to the Monarch Country Club
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Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club Homes for Sale in Palm City FL

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.

Monarch Country Club Real Estate Market Report January 2024

Florida Single Family Home Sales 2023 Yearly Review

01.20.24 by

Florida Single Family Home Sales 2023 Yearly Review

The Florida Single Family Home Sales for 2023 as reported by Florida Realtors is now showing the turnaround the real estate market has experienced with prices that rose too rapidly, increasing mortgage rates, and worries about an upcoming recession. Though the numbers are improving from the previous year, signaling that a turnaround may be underway. Year-to-year closed sales were down by 10.3% (down by 18.0% in 2022) and new sales under contract (new pending sales) decreased by 7.1% (down by 21.1% in 2022).

Florida Single Family Home Sales 2023 Yearly Review

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Both median and average sales prices were up (2022 to 2023) by 1.9% and 2.1% respectively.   These numbers were 15.7% and 11.3% respectively for 2022. Prices are not rising as fast as in previous years.

The inventory of available homes for sale increased by 17.8% from 2022.  While the month’s supply of homes increased to 3.6 months.  Indicating that the Florida single-family home market is still in a seller’s market.

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2023 Florida Single Family Home Sales Review

View previous Florida Single Family Home Yearly Reviews

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.

Florida Single Family Home Sales 2023 Yearly Review

Leilani Heights Real Estate Market Report January 2024

01.20.24 by

Leilani Heights Real Estate Market Report January 2024

There are 3 homes for sale in Leilani Heights in Jensen Beach FL in January 2024.  The list prices range from $359,000 up to $480,000. This is an average list price of $412,667 or $255.27 per sq. ft. of living area.

There is 1 Leilani Heights home currently under contract. The list price was $459,000 which is $368.38 per sq. ft. of living space. This home was on the market for 42 days before going under contract.

In the past 12 months, 10 Leilani Heights homes have sold.  Sales prices ranged from $345,000 up to $485,000.  This works out to an average sales price of $423,9900 which equals $269.63 per sq. ft. of living area.  These homes were on the market for an average of 84 days before going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Leilani Heights market report

About Leilani Heights in Jensen Beach FL:

Leilani Heights in Jensen Beach Florida
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Located so close to the many exciting and beautiful places in Jensen Beach, Leilani Heights has been a well-known family-oriented neighborhood for many years. Leilani Heights is within walking distance from the Five Star Jensen Beach Elementary School that has earned an “A” rating for 5 years in a row! The Leilani Heights neighborhood is also located less than 10 minutes from Jensen Beach High School, a newer facility filled with fantastic teachers and sports programs.

Leilani Heights in Jensen Beach Florida
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If you are a beach lover then you are in luck! Living in Leilani Heights, you are only a few minutes from having your toes in the sand. Want to enjoy downtown Jensen Beach? Then you are only five minutes away! Treasure Coast Square Mall is also just a short ride away! So if you want to be close to the five-star schools, beaches, quality restaurants, the mall, family sports, and recreation areas then Leilani Heights is your perfect fit.

Leilani Heights in Jensen Beach Florida

Leilani Heights has a very reasonable HOA fee.

Leilani Heights in Jensen Beach Florida

Search for available Leilani Heights homes for sale

Leilani Heights homes for sale in Jensen Beach FL

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

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

Leilani Heights Real Estate Market Report January 2024

Crane Creek Real Estate Market Report January 2024

01.19.24 by

Crane Creek Real Estate Market Report January 2024

As of January 2024, there are 5 homes for sale in the Crane Creek community in Martin Downs in Palm City FL. The list prices range from $945,000 up to $1,525,000. This is an average list price of $1,143,800 which is $316.48 per sq. ft. of living area.

There is only 1 Crane Creek home under contract at this time. The list price was $749,999 which equals $299.04 per sq. ft. of living area. This home was on the market for 12 days before going under contract.

In the past 12 months, there have been 9 Crane Creek home sales. The sales prices ranged from $615,000 up to $1,275,000.  This works out to an average sales price of $795,220 or $260.73 per sq. ft. of living area. These homes averaged 65 days on the market before going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Crane Creek market report

About Crane Creek in Palm City:

Crane Creek in the Martin Downs Country Club in Palm City Florida
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The coast of Florida on the eastern side offers many wonderful locations. One of the secret attractions is the Crane Creek real estate development located in Palm City. With all the accommodations the Palm City area has to offer it should not be a surprise that a select neighborhood such as Crane Creek real estate properties is a high commodity.

Crane Creek in the Martin Downs Country Club in Palm City Florida
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The Crane Creek community of Palm City is located within Martin Downs Country Club. It includes a gated golf course community, Crane Creek has the finest features needed to make the community as upscale and appealing as possible. However, none of this is forced upon you because membership in the country club is optional.

Crane Creek in the Martin Downs Country Club in Palm City Florida
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There is also the opportunity to partake in one of the many other conveniences in place at the country club facility.  There is a driving range, chipping area, putting green, practice bunker, and rental clubs. The Crane Creek real estate in Martin Downs is made up of marvelous and varied homes with something for everyone. The properties involve a wide selection of architectural styles and choices from condominiums to estate homes. The parcels also have as much variation as maintenance-free lots and large acreage lots.

Within minutes from two of Florida’s major thoroughfares, Florida’s Turnpike and I-95, the location of Crane Creek real estate removes the hassle of commuting. In addition to all of these amenities, recent business dealings in the Crane Creek real estate area may bring one more amenity. In this part of Florida, there are fishing, golf, and equestrian facilities.

Crane Creek real estate in Palm City FL

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Crane Creek homes for sale in the Martin Downs Country Club in Palm City FL

View Martin Downs Country Club Communities:
Clubhouse Court Condos, Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Pheasant Run, Quail Meadow, and Starling Court.

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.

Crane Creek Real Estate Market Report January 2024