St. Lucie County Single Family Homes 2023 2nd Quarter Report

09.02.23 by

St. Lucie County Single Family Homes 2023 2nd Quarter Report

Click the image below to view the full details of the St. Lucie County single-family market report data as reported by St. Lucie County Realtor.

St. Lucie County Single Family Homes 2023 2nd Quarter Report

For the 4th quarter of 2022, the St Lucie County single-family home real estate market continued the trend of reduced sales volume. Prices also declined for the quarter.  But, high loan costs and a low inventory are keeping buyers at bay. I doubt we will see any improvement any time soon until interest rates start to decline.

Click here to view/download the full report

View the entire set of data at GabeSanders.com

Click to see previous St Lucie County quarterly reports

St. Lucie County Single Family Homes 2023 2nd Quarter Report

Martin County Townhouses and Condos 2023 2nd Quarter Report

09.01.23 by

Martin County Townhouses and Condos 2023 2nd 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 2nd Quarter Report
Martin County Townhouses and Condos 2023 2nd Quarter Report

For the Martin County townhouses and condos real estate market, a continued trend of reduced sales volume.  Prices were sharply higher than last year.  Along with the rising interest rates, this is not a good sign for the future. I doubt that we will see any improvement in this market until rates begin to recede.

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 2nd Quarter Report

Bay Tree Real Estate Market Report September 2023

09.01.23 by

Bay Tree Real Estate Market Report September 2023

For September 2023, there are no homes for sale in the Bay Tree gated community on Hutchinson Island in Jensen Beach.

There are no Bay Tree homes that are currently under contract.

In the past 12 months, there have been 2 Bay Tree home sales. Sales prices were $630,000 and $765,000. This equals an average sales price of $697,500 which works out to $352.39 per sq. ft. of living area. These homes averaged 36 days on the market before going under contract. And, they sold for an average of 93% of the list price.

Click here to view the previous Bay Tree market report!

About Bay Tree on Hutchinson Island in Jensen Beach FL:

Bay Tree on Hutchinson Island
Google Earth image

Bay Tree homes for sale:

Bay Tree is located directly across the street from the beautiful beaches of the Atlantic Ocean.   This is a wonderful gated community that is made up of 32 homes on Hutchinson Island in Jensen Beach. Bay Tree is in a serene area of Jensen Beach but is still close to shopping, restaurants, boating, and the downtown areas of both Jensen Beach and Stuart.

Recent sales in Bay Tree:

Homes in Bay Tree were built from 1992 to 2002 and consist of 2 bedroom, 2 bathroom homes of just over 1,500 sq. ft. of living area up to a spacious 4 bedroom, 4 bathroom home with just under 4,000 sq. ft. of space under AC.  This community has access to the beach at Waveland Beach Park directly across the street.  It is now also equipped with a good-sized day dock where boaters and fishermen can stop to pick up guests and supplies for the day.

The Bay Tree community is just over 1.5 miles from the Jensen Beach Causeway and residents have easy and convenient access to downtown Jensen Beach with its restaurants and shopping.  And, is only 5 miles to the Stuart Causeway for additional shopping, entertainment, and dining options.

 This community allows rentals and is a pet-friendly community with large dogs permitted.

For those wishing to explore a little further away, Orlando is only 2 hours away; while West Palm Beach is only a 45-minute drive.

Bay Tree on Hutchinson Island

Search Here for Bay Tree Homes for Sale

Bay Tree homes for sale on Hutchinson Island in Jensen Beach FL

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.

Bay Tree Real Estate Market Report September 2023

Martin County Single Family Homes 2023 2nd Quarter Report

08.31.23 by

Martin County Single Family Homes 2023 2nd 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 2nd Quarter Report

The Martin County single-family home real estate market is bucking the state trend and had a small increase in closed sales as well as an increase in new pending sales. Prices were also slightly higher than last year. Inventory is also up, though the Martin County single-family real estate market remains in a strong seller’s market. I doubt that we will see any improvement in this market until rates begin to recede.

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 2nd Quarter Report

Indian Pines Real Estate Market Report August 2023

08.31.23 by

Indian Pines Real Estate Market Report August 2023

For August 2023, 2 condos are available for purchase in Indian Pines in Stuart FL. The list prices are $209,900 and $279,000. This is an average list price of $244,450 which is $214.51 per square foot of living area.

There are no Indian Pines condos currently under contract.

In the past 12 months, 10 Indian Pines condos have sold.  Sales prices ranged from a low of $155,000 up to a high of $282,000. This is an average sales price of $230,250 which works out to $204.16 per square foot of living area.  These condos averaged 44 days on the market prior to going under contract. And, they sold for an average of 97% of the list price.

Click here to view the previous Indian Pines market report!

About Indian Pines Condos in Stuart FL:

Indian Pines Condos in Stuart FL
Google Earth image

Indian Pines condos for sale:

Centrally located in Stuart off of Indian Street on Aster Lane lies the Indian Pines condominiums.  This complex consists of 20 buildings in two ovals surrounding two lakes.  This unique arrangement gives every condo in this complex water views.

Indian Pines Condos in Stuart FL
Google Earth image

Built from 1981 through 1986, Indian Pines are two-story buildings with mostly 2 bedrooms, 2 bathrooms condos, though there are a few 3-bedroom and 1-bedroom units as well.  The 3 bedroom condos have 1,542 sq. ft. of living area, 2 bedroom units vary from 1,251 down to 1,019 sq. ft., while the 1 bedroom condos have 1,011 sq. ft.

There’s a heated pool, clubhouse, and two tennis courts as well as ample parking with some buildings offering covered carports.

Recently sold in Indian Pines:

The condo association fees vary as different buildings have different reserve setups and management and cover water and sewer, common areas, building insurance and maintenance, basic cable TV, landscaping and lawn service, trash pickup, and reserve funds.

Indian Pines Condos in Stuart FL

All ages are welcome.  Rentals are allowed in Indian Pines with some restrictions. And, this is one of the few condos in the area that allows up to 2 large pets per owner.  Children who live in Indian Pines are zoned to attend J. D. Parker Elementary School, Dr. David L. Anderson Middle School, and Martin County High School.

Indian Pines Condos in Stuart FL

Indian Pines is very conveniently located close to shopping, restaurants, and medical facilities.  Only a few more minutes to either the beaches or boat ramps of Martin County or to I-95 for those needing to take a trip either north or south.

Indian Pines Condos in Stuart FL

Check here for any Indian Pines condos that are currently available for sale


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Indian Pines Real Estate Market Report August 2023

Florida Townhouses and Condos 2023 2nd Quarter Report

08.30.23 by

Florida Townhouses and Condos 2023 2nd Quarter Report

Click the image below to view the 2023 2nd Quarter Report as reported by Florida Realtors.

Florida Townhouses and Condos 2023 2nd Quarter Report

For the 2nd quarter of 2023, the Florida townhouse and condo real estate market continued the trend of reduced sales volume. Prices appear to have moderated and mostly unchanged for this quarter. Inventory is continuing to increase, but it is not bringing in more buyers to date mainly due to the currently high interest rates.  I doubt that we will see any improvement in this market until rates begin to recede.

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 2nd Quarter Report

Highlands Reserve Real Estate Market Report August 2023

08.30.23 by

Highlands Reserve Real Estate Market Report August 2023

There are currently 3 homes available for sale in Highlands Reserve in Palm City, Florida. List prices range from $650,000 up to $1,100,000. This is an average list price of $833,000 or $231.56 per square foot of living area.

There is 1 Highlands Reserve home under contract at this time. The list price was $565,000 which is $292.44 per square foot of living area. This home was on the market for 10 days before going under contract.

In the past 12 months, 12 Highlands Reserve homes have sold. Sales prices ranged from $505,000 up to $1,215,000. This is an average sales price of $739,583 which equals $255.89 per square foot of living area.  These homes averaged 27 days on the market prior to going under contract. And, they sold for an average of 98% of the list price.

Click here to view the previous Highlands Reserve market report!

About Highlands Reserve in Palm City FL:

Highlands Reserve in Palm City FL
Google Earth image

Homes for sale in Highlands Reserve:

 Highlands Reserve is one of the newest upscale communities in this section of Martin County. Enter the magnificent gates and surround yourself with the well-appointed amenities of the clubhouse and the natural beauty of this community. Included are paths into winding nature trails that offer dramatic views of surrounding natural preserves and serene lakes.

Highlands Reserve in Palm City FL
Google Earth image

Located only seconds from I-95 and within minutes of shopping, beaches, and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Recent Highlands Reserve sales:

Low HOA fees include landscaping and irrigation as well as the security gate, and use of the full-service clubhouse with a large pool and state-of-the-art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve real estate in Palm City FL
Highlands Reserve clubhouse in Palm City FL

Highlands Reserve is a D. R. Horton community and new construction homes are still available.  There are usually some excellent offers available through Realtors.  Call us today for our new construction special rebate program.

Highlands Reserve real estate in Palm City FL
Highlands Reserve Community Pool

Search for Highlands Reserve 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.

Recent Market Reports

Highlands Reserve Real Estate Market Report August 2023

Florida Single Family Homes 2023 2nd Quarter Report

08.29.23 by

Florida Single Family Homes 2023 2nd Quarter Report

Click the image below to view the full details of the 2023 1st quarter single-family home market report as reported by Florida Realtors.

Florida Single Family Homes 2023 2nd Quarter Report

For the 2nd quarter of 2023, Florida single-family homes continued the trend of reduced sales volume. Prices appear to have stopped rising and are mostly unchanged for this quarter. Inventory is continuing to increase, but it is not bringing in more buyers to date mainly due to the currently high interest rates.  I doubt that we will see any improvement in this market until rates begin to recede.

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 2nd Quarter Report

VilaBella Real Estate Market Report August 2023

08.29.23 by

VilaBella Real Estate Market Report August 2023


For August 2023, there are no townhome condos for sale in the VilaBella community of Stuart, FL.

There is 1 Vilabella home currently under contract. The list price was $330,000 or $228.69 per sq. ft. of living area. This home was on the market for 130 days before going under contract.

In the past 12 months, 18 VilaBella townhomes have sold. Sales prices ranged from $230,000 up to $363,000. This works out to an average sales price of $297,893 which equals $217.68 per sq. ft. of living area.  These homes sold for an average of 92% of the list price. And, they were on the market for an average of 129 days before going under contract.

Click here to view the previous VilaBella market report!

About Vilabella in Stuart FL:

Vilabella in Stuart FL

Vilabella homes for sale:

Vilabella townhomes are very conveniently located off SE Central Parkway with easy access to Kanner Highway as well as US-1.  Very easy access to shopping, restaurants, and downtown Stuart.  Also, an excellent location for those wishing to access I-95 and commute to points both North and South.

Vilabella townhomes in Stuart FL
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 Officially known as Vilabella Central Park Condos in Stuart FL this community is made up of 112 attached townhome-style condos that were built in 2006.  These homes range in size from 3 Bedroom, 3 Bath (two-level) units with 1,607 sq. ft. of living area down to 2 Bedroom, 2 Bath townhomes with 1,072 sq. ft. of living area.  All Vilabella townhomes come with a single-car garage.  There is also a community pool for the residents’ enjoyment.

Vilabella townhomes in Stuart FL

Recent Vilabella sales:

2 large pets are permitted.  The HOA fees cover insurance and exterior maintenance as well as common area fees, management, cable TV, pest control, recreational facilities, etc.

Vilabella in Stuart FL

Search here for Vilabella Townhomes for Sale

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

Recent Market Report Posts:

VilaBella Real Estate Market Report August 2023

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

The Stuart Yacht and Country Club Real Estate Market Report August 2023

08.28.23 by

The Stuart Yacht and Country Club Real Estate Market Report August 2023

There are 7 homes currently for sale in the Yacht and Country Club of Stuart.  List prices range from $625,000 up to $825,000. This is an average list price of $745,571 which works out to $308.76 per sq. ft. of living area.

There are currently 8 Yacht and Country Club homes under contract. The list prices ranged from $439,000 up to $1,150,000.  The average list price of these pending sales is $696,363 or $307.60 per sq. ft. of living area.  These homes averaged 51 days on the market before going under contract.

27 Yacht and Country Club homes have sold in the past 12 months.  Sales prices ranged from $405,000 up to $1,480,000.  The average sales price was $771,111 which equals $331.28 per sq. ft. of living area.  These homes went under contract in an average of 30 days after going on the market. And, the sales prices averaged 95% 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
Google Earth image

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 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
Google Earth image

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. A 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
Google Earth image

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 2023

Florida Single Family Homes July 2023 Market Report

08.27.23 by

Florida Single Family Homes July 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year. The inventory numbers are rising (though at a reduced rate from previous months). We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 6.4% (were down by 7.9% in June). New sales under contract (new pending sales) were down by 0.8% (were down by 3.2% in June).

Prices increased slightly for July when compared to last year.  The (year-to-year) median sales price was up by 0.7% (it was unchanged at 0.0% in June). And, the average sales price was up by 2.2% (it was down by 0.9% last month).

The inventory of available homes for sale increased by 27.3% from last year.  This represents a 2.8 months supply of inventory (July 2022 had a 2.2 months supply). Florida remains in a seller’s market with the advantage to sellers. 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.

Previous Florida real estate market report posts.

Florida Single Family Homes July 2023 Market Report
Download/View the full report
Recent Florida 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.

Florida Single Family Homes July 2023 Market Report

 

Duckwood Real Estate Market Report August 2023

08.27.23 by

Duckwood Real Estate Market Report August 2023

For August 2023, there are no homes for sale in the Duckwood community in Stuart FL.

There are 2 homes currently under contract. The list prices were $349,000 and $406,999. This works out to an average list price of $378,000 or $246.97 per sq. ft. of living area. These homes were on the market for an average of 38 days before going under contract.

In the past 12 months, 7 Duckwood homes have sold.  Sales prices ranged from a low of $280,000 up to a high of $411,500.  This is an average sales price of $332,071 which works out to $212.72 per sq. ft. of living area.  These homes were on the market for an average of 86 days before going under contract. And, they sold for an average of 93% of the list price.

Click here to view the previous Duckwood market report!

 About Duckwood in Stuart FL:

Duckwood real estate in Stuart FL

Duckwood homes for sale:

The Duckwood community of Stuart FL is an active senior community in the southern part of unincorporated Stuart, just south of Cove Rd and west of US-1 (Federal Highway) adjacent to the Summerfield community and the Champions Golf Club.

Duckwood has 140 single family homes of various sizes and shapes ranging from just over 2,000 sq. ft. with 3 bedrooms and 2 bathrooms down to under 1,000 sq. ft. of living area with 2 bedrooms and 2 bathrooms.  Homes in Duckwood were built between 1986 and 1990.

Recently sold in Duckwood:

Duckwood is one of Stuart’s most sought-after 55+ communities! This community features a wonderful clubhouse on the lake with a community pool, billiard room, hobby shop, bocce ball & shuffleboard! Set among the tall pines, Duckwood offers the privacy & feel of country living, all within minutes of shopping, I-95 & the beaches! You will feel like you have stepped back in time with Duckwood’s neighborhood feel! This comes with a low HOA fee of $103 a month (as of July 2016).  Pets and rentals are permitted with some restrictions.

Duckwood real estate in Stuart FL

Click here to see if any Duckwood homes are available to purchase

Duckwood homes for sale in Stuart FL

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.

Duckwood Real Estate Market Report August 2023

St Lucie County Townhouses and Condos July 2023 Market Report

08.26.23 by

St Lucie County Townhouses and Condos July 2023 Market Report

The St Lucie County Townhouses and Condos market showed weaker sales activity when compared to last year though there are some encouraging pending sales numbers as well as a nice increase in sales inventory. We continue to face headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 7.1% from last year (were down by 8.9% in June). New pending sales were up by 20.4% (they were up by 20.2% last month).

Prices were up for July. The median price decreased by 9.5% from last year (was up by 11.8% in June) and the average sales price increased by 1.2% (was up by 3.7% in June).

The available townhouses and condos inventory decreased by 22 units from last month to 373 residences. This is a 114.3% greater inventory than we had in July 2022. The current inventory supply is 4.5 months, as compared to 2.1 months of inventory last year.  The St Lucie County townhouses and condos real estate market remains in a sellers’ market, though trending towards a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

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

St Lucie County Townhouses and Condos July 2023 Market Report
Click to download the full report

View previous St. Lucie County market reports here.

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.

St Lucie County Townhouses and Condos July 2023 Market Report

Islander 12 Real Estate Market Report August 2023

08.26.23 by

Islander 12 Real Estate Market Report August 2023

For August 2021, there are no condos available for sale in the Islander 12 condo community of Hutchinson Island in Stuart FL.

There are also no Islander 12 condos currently under contract.

In the past 12 months, there have been 2 Islander 12 sales.  The sales prices were $500,000 and $587,000. This is an average sales price of $543,500 or $437.50 per sq. ft. of living area.  These condos were on the market for an average of 42 days before going under contract.  And, they sold for an average of 94% of the last list price.

Click here to view recent Islander 12 market reports!

About the Islander 12 Condos on Hutchinson Island:

Islander 12 condos on Hutchinson Island in Stuart FL
Google Earth image

View Hutchinson Island Condos for sale in Martin County FL:

The Islander 12 Condos of Hutchinson Island in Stuart FL is a small condo community of only 12 units built in 1973.  This direct Ocean access condo community features 2 bedrooms, 2 bath condos varying in sizes from 1,360 sq. ft. to 1,108 sq. ft. of living area.

Islander 12 Condos on Hutchinson Island

The Islander 12 has direct Ocean access across the Dunes and a heated pool.  Each unit has under-building parking for 1 car with additional uncovered spaces for guests or additional vehicles.

View recent Islander 12 sales:

This is a pet-friendly building and rentals are also allowed. 

Located close to the Stuart Causeway, Publix supermarket, and downtown Stuart. Those looking for a smaller neighborly condo building that is in a really excellent location, the Islander 12 condo community may be the perfect choice.

Search here for any Islander 12 Condos for Sale in Stuart FL

Islander 12 condos for sale on Hutchinson Island in Stuart FL

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach that you may wish to consider:

Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

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.

Islander 12 Real Estate Market Report August 2023

St Lucie County Single Family Homes July 2023 Market Report

08.25.23 by

St Lucie County Single Family Homes July 2023 Market Report

The July 2023 St Lucie County Single Family real estate market showed weaker sales activity when compared to last year. The inventory of homes for sale decreased in June and we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 8.4% for the month compared to last year (in June they were down by 9.4%). New sales under contract (new pending sales) decreased by 3.5% (they were down by 3.2% last month).

Prices were mixed and with very little changes for July compared to last year.  The median sales price was down by 1.8% (was down by 2.3% in June).  The average sales price was up by 0.1% (it was up by 0.6% in June).

The number of available homes for sale decreased by 84 homes to 1,219 units.  This inventory is 8.7% larger than last year.  The current supply of homes is 2.5 months (it was 2.3 months last year).  The St Lucie County single-family home market remains in a sellers’ market, though trending towards a balanced one.  A balanced market is 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.

St Lucie County Single Family Homes July 2023 Market Report
Click here to download the full report

View previous St. Lucie County market reports here.

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.

St Lucie County Single Family Homes July 2023 Market Report

Danforth Real Estate Market Report August 2023

08.25.23 by

Danforth Real Estate Market Report August 2023

There are no homes for sale in Danforth in Palm City for August 2023.

There are also 2 Danforth homes currently under contract. The list prices were $799,000 and $819,001. This is an average list price of $809,001 which is $284.73 per sq. ft. of living area.  These homes were on the market for an average of 15 days before going under contract.

In the past 12 months, 8 Danforth homes have sold.  The sales prices ranged from a low of $450,000 up to $815,000.  The average sales price was $672,688 which works out to $276.98 per sq. ft. of living area.  These homes averaged 14 days on the market before going under contract. And, they sold for 99% of the list price.

Click here to view the previous Danforth market report!

About the Danforth Community in Palm City FL:

Danforth homes in Palm City FL
Google Earth image

Danforth homes for sale:

Danforth in Palm City Florida is a wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family-friendly neighborhood feel.  Well located in Palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools.  Both of these schools are top-rated in the Martin County school system as well as in the State of Florida.

Recent sales in Danforth:

Danforth homes in Palm City FL

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities.  Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.

Danforth in Palm City Florida

Search here for Danforth Homes for Sale

Danforth in Palm City FL Home Search

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Palm City Florida Real Estate

Residential Homes, Homes and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

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.

Danforth Real Estate Market Report August 2023

Martin County Townhouses and Condos July 2023 Market Report

08.24.23 by

Martin County Townhouses and Condos July 2023 Market Report

The Martin County Townhouses and Condos real estate market showed better-closed activity than last year. Even as we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 30.8%.  They were up by 10.1% in June.  New sales under contract (new pending sales) were up by 2.2% from last year.  They were up by 35.6% in June.

Prices, also, continued to increase for July.  The median sales price increased by 2.9% (was up by 5.5% last month). And, the average sales price increased by 42.1% (was up by 8.3% in June).

The available townhouses and condos inventory decreased by 7 units to 280 properties.  This is a 55.0% greater supply of inventory than we had in July 2022.  Currently, there’s a 3.1 months supply of inventory (compared to 2.0 months for July 2022).  We remain in a seller’s market for townhouses and condos in Martin County, though trending towards a more balanced market. Typically, a balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory.

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

Martin County Townhouses and Condos July 2023 Market Report
Click here to download the full report

Search for previous Martin County townhouses and condos market reports

Recent County Market Report Posts:

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

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

Martin County Townhouses and Condos July 2023 Market Report

Oceana South Real Estate Market Report August 2023

08.24.23 by

Oceana South Real Estate Market Report August 2023

As of August 2023, there is 1 condo for sale in Oceana South on Hutchinson Island in Jensen Beach FL.  This condo is listed for $474,900 which is $464.22 per sq. ft. of living area.

There is also 1 Oceana South condo currently under contract. The list price was $399,900 or $390.91 per sq. ft. of living area. This condo was on the market for 56 days before going under contract.

In the past 12 months, 3 Oceana South condos have sold.  Sales prices ranged from $385,000 up to $468,000.  This works out to an average sales price of $433,667 which equals $441.22 per sq. ft. of living area.  These condos were on the market for an average of 85 days before going under contract. And, sold for an average of 97% of the list price.

Click here to view the previous Oceana South market report!

About the Oceana South Condos on Hutchinson Island in Jensen Beach:

Oceana South Condos on Hutchinson Island in Jensen Beach
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Oceana South condos for sale:

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982.  This is a direct oceanfront building with 126 units in 12 stories.  Oceana South has two pools, Jacuzzi, tennis courts, an exercise room, billiards, a clubhouse, a picnic area, and a car wash, and it is a gated complex with direct access to your own beach.

Recent sales in Oceana South:

Condo sizes vary from corner units with wrap-around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies.  There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area.  One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Condo fees include building insurance, reserve funds, management, and use of all the common areas.  1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum lease duration of three months.

Oceana South Condos in Jensen Beach
Oceana South Condos in Jensen Beach

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

Oceana South condos for sale on Hutchinson Island in Jensen Beach Florida

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 North – Oceana Oceanfront – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

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.

Oceana South Real Estate Market Report August 2023

Martin County Single Family Homes July 2023 Market Report

08.23.23 by

Martin County Single Family Homes July 2023 Market Report

The Martin County Single Family Homes Market Report showed better-closed activity than last year. Even as we continue to encounter headwinds of increasing mortgage rates and other economic uncertainties. Closed sales were up by 25.0% from last year (they were up by 4.3% in June). At the same time, new pending sales decreased by 6.4% compared to last year (which increased by 5.7% last month).

Prices were up for July compared to last year.  The median sales price increased from last year by 8.0% (up by 1.4% in June) while the average sales price increased by 44.0% (down by 10.1% last month).

The inventory of available single-family homes rose by 6 homes to 473. This is an 11.5% greater inventory than last July.  The current supply of homes is 2.9 months.  For July of last year, it was 2.6 months of supply.  We are still in a seller’s market for Martin County single-family home sales, but trending towards a more balanced market.  A balanced market favoring neither buyers nor sellers is considered a 6 to 7-month supply of inventory.

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

Martin County Single Family Homes July 2023 Market Report
Click here to download the full report

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

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

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

Martin County Single Family Homes July 2023 Market Report