Gabe’s July 2023 House Calls Real Estate Newsletter

07.01.23 by

Gabe’s July 2023 House Calls Real Estate Newsletter

Please click on the image below or the download link button to view the full version of Gabe’s July 2023 House Calls real estate newsletter.

Gabe's July 2023 House Calls Real Estate Newsletter
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You can see all the past issues here:
House Calls Archive

Click Here to View Previous House Calls Newsletter Posts

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 House Calls Newsletters:

Gabe’s July 2023 House Calls Real Estate Newsletter

Hobe Heights Market Report June 2023

06.30.23 by

Hobe Heights Market Report June 2023

As of June 2023, there is only 1 home for sale in the Hobe Heights area of Hobe Sound FL. The list price is $328,000 which is $285.22 per sq. ft. of living area.

There is also 1 home currently under contract. The list price was $460,000 or $342.77 per sq. ft. of living area. This home was on the market for 13 days before going under contract.

In the past 12 months, 6 Hobe Heights homes have sold. Sales prices ranged from $280,000 up to $480,000. This is an average sales price of $380,917 which equals $286.04 per sq. ft. of living area. These homes averaged 26 days on the market before going under contract. And, they sold for an average of 99% of the last list price.

View recent Hobe Sound community market reports!

About Hobe Heights:

Hobe Heights in Hobe Sound Florida
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The Hobe Heights community of Hobe Sound consists of just over 250 homes located east of US-1 and west of A-1-A in Hobe Sound Florida.  This community is very conveniently located just about halfway between downtown Stuart and downtown Jupiter with easy access to boating, restaurants, and shopping.

Hobe Heights in Hobe Sound Florida
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Hobe Heights has mostly affordable homes with the majority under 2,000 sq. ft. and the majority of these homes were built from 1958 up until 1990 with just a few newer than that.  There are no HOA fees or restrictions in this community.

Recent home sales in Hobe Heights:

Children attend Hobe Sound Elementary, Murray Middle, and South Fork High Schools.  For more information about the Hobe Heights community give us a call.

Hobe Heights in Hobe Sound FL

Click here to view all Hobe Heights homes for sale

Hobe Heights homes for sale in Hobe Sound 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.

Hobe Heights Market Report June 2023

Bay Colony of Stuart Market Report June 2023

06.29.23 by

Bay Colony of Stuart Market Report June 2023

As of June 2023, no homes were available for sale in the Bay Colony of Stuart.

There is 1 Bay Colony of Stuart home currently under contract. The list price was $1,690,000 which is $476.19 per sq. ft. of living area. This home was on the market for only 3 days before going under contract.

No Bay Colony home has sold in the past 12 months.

Click here to view recent Bay Colony market reports!

About the Bay Colony of Stuart:

Bay Colony in Stuart Florida
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View some Bay Colony homes for sale:

The Bay Colony of Stuart is an exclusive gated community lying on the shores of the North Fork of the Saint Lucie River.  There are 34 homesites in Bay Colony and as of February 2019, only two vacant lots remain.

Bay Colony of Stuart
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Many homes in Bay Colony are waterfront and enjoy gorgeous mile-long wide-open views of the river.  Homes come in sizes from 3-bedroom, 2-bathroom homes of just over 2,000 sq. ft. of living area up to a 5-bedroom, 5-bathroom home with over 5,000 sq. ft. of living space and almost 6,300 sq. ft. under roof.  Homes have been built from 1979 to the newest, completed in 2005.

This community enjoys low HOA fees which go towards maintaining the common areas, management fees, trash pickup, and gate.

Recently sold Bay Colony homes:

Excellent location that’s close to the Treasure Coast Mall and the shopping areas of US-1 in Jensen Beach. And, only a few minutes to the beaches of the Atlantic Ocean.

Bay Colony of Stuart
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This community is in the Martin County School system. Children attend the Felix Williams Elementary, Stuart Middle, and Jensen Beach High Schools.

Bay Colony of Stuart

 Search here for:

Bay Colony 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.

Bay Colony of Stuart Market Report June 2023

Seascape Rocky Point Market Report June 2023

06.28.23 by

Seascape Rocky Point Market Report June 2023

There are no condos currently available to purchase in the Seascape condo complex in the Rocky Point area of Stuart FL.

There is 1 Seascape condo currently under contract. The list price was $259,000 which is $230.22 per sq. ft. of living area.  This condo was on the market for 21 days before going under contract.

In the past 12 months, 6 Seascape condos have sold.  Sales prices ranged from $213,000 up to $359,000.  This works out to an average sales price of $286,333 which equals $221.01 per sq. ft. of living area.  These condos were on the market for an average of 30 days before going under contract. And, they sold for an average of 99% of the last list price.

Click here to view recent Seascape market reports!

About Seascape Condos in Rocky Point in Stuart FL:

Seascape condos in Rocky Point in Stuart Florida
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Seascape condos for sale:

A complex of 46 condos was built from 1985 to 1988 in a very private and secluded area in the Rocky Point community of Stuart FL.  The condos in Seascape range from 4 bedroom 3 bathroom units down to 2 bedroom 2 bathrooms with living area square footage from 1,990 down to 1,125 and some sizes in between.  Some of these condos are two-level units while others are either first or second-floor one-level condos.

Seascape condos in Rocky Point in Stuart Florida
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There’s a community pool and tennis court along with ample parking and green space.   One large pet is allowed and rentals are also permitted with some restrictions (Only one time per year).  All ages are welcome and sorry, no motorcycles or trucks are permitted.

Recently sold Seascape condos:

The Seascape Condo association fees as of April 2019 were $392 per month.  These fees cover Basic Cable TV, Common Area Maintenance, Exterior Building Insurance, Lawn Care, Exterior Building Maintenance, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Trash Removal, and Management.

Seascape condos in Rocky Point in Stuart Florida
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Located just a short walk from Twin Rivers Park and also close to boat ramps, marinas, restaurants, and shopping.  These Seascape condos are one of the best secrets in Martin County for affordable living.

Seascape Condos in Rocky Point in Stuart FL

Click here to see the currently available Seascape Condos for sale

Seascape Condos for sale in Rocky Point 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.

Seascape Rocky Point Market Report June 2023

St Lucie County Townhouses and Condos May 2023 Market Report

06.27.23 by

St Lucie County Townhouses and Condos May 2023 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year, but only slightly. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 0.8% from last year (were down by 31.5% in April). New pending sales were down by 6.8% (they were down by 16.9% last month).

Prices were mixed for May. The median price increased by 8.9% from last year (was up by 7.0% in April) and the average sales price decreased by 0.2% (was down by 8.2% in April).

The available townhouses and condos inventory decreased by 14 units from last month to 375 residences. This is 130.1% greater inventory than we had in May 2022. The current inventory supply is 4.5 months, as compared to 1.4 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.

St Lucie County Townhouses and Condos May 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 May 2023 Market Report

The Soundings of Hobe Sound Market Report June 2023

06.27.23 by

The Soundings of Hobe Sound Market Report June 2023

For June 2023, there are 4 homes for sale in the Soundings Yacht and Tennis Club in Hobe Sound, FL in Hobe Sound FL. The list prices range from $1,595,000 up to $2,500,000. This is an average list price of $1,871,250 or $794.61 per square foot of living area.

There is 1 Soundings home currently under contract.  The list price was $2,259,000 which is $787.66 per square foot of living area.  This home was on the market for 34 days prior to going under contract.

In the past 12 months, 6 Soundings homes have sold.  Sales prices ranged from a low of $570,000 to a high of $1,225,000 for an average sales price of $809,167 or $366.54 per sq. ft. of living area. These homes were on the market for an average of 26 days prior to going under contract. And, these homes sold for an average of 96% of the list price.

Click here to view recent Soundings market reports!

About the Soundings in Hobe Sound FL:

The Soundings at Hobe Sound Florida
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Conveniently located only minutes from beautiful Jupiter Island Beach, June 2019 Market Report The Soundings Yacht and Tennis Club, Florida is an active planned community bordering both sides of Gomez Avenue in Hobe Sound.  There are a total of 153 homesites in the Soundings with only 2 vacant lots unbuilt at last count.

The Soundings at Hobe Sound Florida
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On the East side of Gomez, the Soundings homes are mostly waterfront with deep water docks accessing the Intracoastal waterway.  A small marina with additional docks are deeded to a few select homes that do not have waterfront locations.  In addition, there is a boat ramp as well as trailer storage for those wishing to keep their boats in dry storage.  In addition, there’s a large community pool, tennis courts, and an active fully equipped clubhouse.

The Soundings at Hobe Sound Florida
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Homes in the Soundings Yacht and Tennis Club range from spacious estate homes with Intracoastal views to smaller cottages that are perfect for the occasional seasonal resident or those not requiring large homes but want easy access to the water.

Recent home sales in the Soundings:

More information about the Soundings Yacht and Tennis Club can be found on their community website.

The Soundings in Hobe Sound FL

Search for Homes in the Soundings Yacht and Tennis Club

The Soundings of Hobe Sound Market Report June 2023

St Lucie County Single Family Homes May 2023 Market Report

06.26.23 by

St Lucie County Single Family Homes May 2023 Market Report

The May 2023 St Lucie County Single Family real estate market continues to show weaker sales activity when compared to last year. The inventory numbers are growing slowly, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 18.3% for the month compared to last year (in April they were down by 21.8%). New sales under contract (new pending sales) decreased by 14.2% (they were down by 13.7% last month).

Prices were mostly down for May, though only modestly.  The median sales price was unchanged at 0.0% (was also unchanged at 0.0% in April).  The average sales price was down by 8.4% (it was up by 0.5% in April).

The number of available home listings decreased by 124 homes to 1,171 units.  This inventory is 41.3% greater than last year.  The current supply of homes is 2.4 months (it was 1.3 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.

St Lucie County Single Family Homes May 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 May 2023 Market Report

Hidden Harbor Stuart Market Report June 2023

06.26.23 by

Hidden Harbor Stuart Market Report June 2023

For June 2023, there are no homes available for sale in the Hidden Harbor community in Stuart FL.

There are 3 Hidden Harbor homes currently under contract. The list prices ranged from $249,000 up to $314,900. This is an average list price of $282,967 or $219.21 per sq. ft. of living area. These homes were on the market for an average of 21 days before going under contract.

In the past 12 months, there has only been 1 Hidden Harbor home sale. The sales price was $299,200 which works out to $230.86 per sq. ft. of living area. This home was on the market for 126 days before going under contract. And, it sold for 100% of the list price.

Click here to view the previous Hidden Harbor market report!

About Hidden Harbor in Stuart FL:

Hidden Harbor in Stuart Florida
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This is a unique waterfront community made up of manufactured homes located on the shores of the Manatee Pocket with Ocean Access docks that are only minutes away from the Saint Lucie Inlet in Stuart FL.  Hidden Harbor is also known as Hidden Harbour, though the County uses Harbor for the subdivision list and Harbour in the legal descriptions.

Hidden Harbor in Stuart Florida
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This development of 200 homes is set up as a condominium association and is restricted to age 55 and over.  Amenities include an active clubhouse, pool, and shuffleboard courts.   With around 70 docks some suitable for vessels over 40’ this is a true boaters’ paradise.  These docks are available for a very reasonable $2.00 per foot per month.  Additional amenities include a storage lot as well as the ability to keep trucks on the premises.  Sorry, but no pets are permitted.

Reasonable HOA fees include the use of all the common facilities, landscaping, water and sewer, basic cable TV, management and reserve funds.

Recently sold Hidden Harbor homes:

Very conveniently located next to the Stuart Yacht and Country Club and also adjacent to the world-famous Chapman School of Seamanship.  Only a short ride to shopping, medical facilities, restaurants and the beaches of either Stuart or Jupiter Island.

Hidden Harbor in Stuart Florida
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Hidden Harbor is a highly sought-after community and homes are often sold very quickly.  For those interested in this community, please contact the Gabe Sanders realty team to be set up on a notification for when homes become available for sale.

Hidden Harbor in Stuart FL

Click this link to see currently available Hidden Harbor homes for sale.

Hidden Harbor homes 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.

Hidden Harbor Stuart Market Report June 2023

Martin County Townhouses and Condos May 2023 Market Report

06.25.23 by

Martin County Townhouses and Condos May 2023 Market Report

The Martin County Townhouses and Condos real estate market had weaker sales activity when compared to last year. The inventory numbers are rising, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were down by 15.9%.  They were down by 4.0% in April.  New sales under contract (new pending sales) were down by 19.0% from last year.  They were down by 26.2% in April.

Prices continued to increase for May.  The median sales price increased by 5.2% (was up by 17.1% last month). While the average sales price increased by 0.4% (was up by 20.9% in April).

The available townhouses and condos inventory decreased by 26 units to 298 properties.  This is a 115.9% greater supply of inventory than we had in May 2022.  Currently, there’s a 3.5 months supply of inventory (compared to 1.3 months for May 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.

Martin County Townhouses and Condos May 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 May 2023 Market Report

Granada Palm City Market Report June 2023

06.25.23 by

Granada Palm City Market Report June 2023

For June 2023, there are no homes available for purchase in the Granada subdivision of Palm City, FL.

There are no Granada homes currently under contract.

5 Granada homes have sold in the past 12 months. The sales prices ranged from $385,000 up to $440,000. This is an average sales price of $417,000 which works out to $303.54 per sq. ft. of living area. These homes were on the market for an average of 33 days before going under contract. And, they sold for an average of 100% of the list price.

Recent Palm City Community market reports!

About Granada in Palm City FL:

Granada in Palm City Florida
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Granada homes for sale:

Granada is a residential neighborhood in Palm City, Florida. It’s a small, established community of 44 homes. Granada is located between two waterfront neighborhoods, Rustic Hills and Hideaway Isles. It’s a well-established community with midsize homes that are competitively priced. The entrance is off of Pine Tree Lane to Vizcaya Circle.  Homes in Granada were built in the mid to late 1980s and consist of both frame and concrete homes. Mainly consisting of modest-sized 3 Bedroom homes in the 1,600 to 2,000 square feet of living area range.

Granada in Palm City Florida
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Reasonable HOA fees include the common areas (including an RV/Boat storage area gated at one end of Vizcaya Circle) and basic cable TV. 

Recent Granada home sales:

All ages, as well as pets, are welcome in Granada.  Excellent location with a safe low traffic street for the children, yet quite close to waterways, shopping, medical facilities, and to both I-95 and Florida’s Turnpike for commuters.  And, in an excellent ‘A’ rated school system

Granada in Palm City FL

Click here to view Granada homes for sale

Granada 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.

Granada Palm City Market Report June 2023

Martin County Single Family Homes May 2023 Market Report

06.24.23 by

Martin County Single Family Homes May 2023 Market Report

The Martin County Single Family Homes Market Report showed slightly slower closed activity than last year. We are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 4.2% from last year (they were up by 3.6% in April). At the same time, new pending sales decreased by 5.1% compared to last year (which increased by 8.4% last month).

Prices were up for May.  The median sales price increased from last year by 8.1% (down by 8.0% in April) while the average sales price increased by 3.1% (up by 14.4% last month).

The inventory of available single-family homes remained unchanged at 463. This is a 35.8% greater inventory than last May.  The current supply of homes is 2.9 months.  For May of last year, it was 1.7 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.

Martin County Single Family Homes May 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 May 2023 Market Report

The Oaks of Hobe Sound Market Report June 2023

06.24.23 by

The Oaks of Hobe Sound Market Report June 2023

For June 2023, there are 5 homes available for sale in the Oaks at Hobe Sound.  List prices range from $555,000 up to $810,000. This is an average list price of $667,800 or $270.15 per sq. ft. of living area.

There are no Oaks homes currently under contract.

In the past 12 months, 14 Oaks homes have sold.  The sales prices ranged from a low of $440,000 up to a high of $830,000.   This equals an average sales price of $643,036 which is $282.00 per sq. ft. of living area.  These homes averaged 45 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 recent Oaks market reports!

About The Oaks at Hobe Sound FL:

The Oaks at Hobe Sound Florida
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Just minutes from the beaches in Hobe Sound, The Oaks is a beautiful gated community where every home has a preserve or pond to look out onto in their backyard. These gorgeous homes are newer having been built between 2006 and 2012 and most have plenty of space for growing families. The community has a play area for children and a public pool. Located in Martin County where schools have only the best reputation with their ‘A’ ratings. The Oaks is close to many recreational areas such as Jonathan Dickinson Park where you and your family can enjoy boating, fishing, and jogging.

The Oaks at Hobe Sound Florida
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There are 220 homes in this community.  Home sizes range from the smallest homes with 3 bedrooms, 2 bathrooms, and a 2 car garage with just under 1,600 sq. ft. of living area up to 4 bedrooms and bathrooms and over 3,300 sq. ft. of living area.  These homes are mostly on smaller lots of under 1/5 of an acre.

Recently sold in the Oaks:

HOA fees include Cable, Lawn Care, Pest Control, Recreational Facilities, Security, and Trash Pickup.

The Oaks at Hobe Sound Florida
Google Earth image


the Oaks in Hobe Sound Real Estate

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.

The Oaks of Hobe Sound Market Report June 2023

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

Admiralty Real Estate Market Report June 2023

06.23.23 by

Admiralty Real Estate Market Report June 2023

As of June 2023, there are no condos on the market in the Admiralty Condos.

There are also no Admiralty condos currently under contract.

In the past 12 months, 3 Admiralty condos have sold.  The sales prices ranged from $800,000 up to $1,199,000.  This is an average sales price of $1,041,333 which works out to $445.41 per sq. ft. of living area.  These condos sold for an average of 95% of the list price. And, they were on the market for an average of 64 days prior to going under contract.

Click here to view the previous Admiralty market report!

About the Admiralty Waterfront Condos in Palm City Florida:

The Admiralty condos in Palm City Florida
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Admiralty condos for sale:

The Admiralty Condos are situated directly by the beautiful Saint Lucie River and are an ocean lover’s haven.  Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the Saint Lucie River with perfect sunrise views.  The varieties of 3 and 4-bedroom floor plans come with amenities such as 2 full-car garages and additional storage space.

The Admiralty condos in Palm City Florida
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With safety and security in mind, the community is gated and the luxurious and spacious condos come equipped with hurricane windows and doors along with a 22-slip protected marina for the resident’s use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.

Recent Admiralty sales:

Condo association fees in the Admiralty vary depending on the unit size and location.  There are five buildings that make up the Admiralty condo complex in Palm City, Florida.  Three of which were built in 1989-1990.  The two newer buildings were completed in 2005.  These condos offer unparalleled luxury and spaciousness for the price.  Equivalent condos on the Ocean with these amenities are either nonexistent or will cost well over $1 million dollars.

The Admiralty condos in Palm City Florida
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The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

Click here to view Admiralty Condos for sale in Palm City FL

Admiralty 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

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

Admiralty Real Estate Market Report June 2023

Florida Single Family Homes May 2023 Market Report

06.22.23 by

Florida Single Family Homes May 2023 Market Report

The Florida Single Family Home real estate market continues to show weaker sales activity when compared to last year, but is improving. The inventory numbers are rising (though at a reduced rate from previous months), but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 8.5% (were down by 17.2% in April). New sales under contract (new pending sales) were down by 9.1% (were down by 7.6% in April).

Prices were mostly flat for May with little changes from last year.  The (year-to-year) median sales price was unchanged at 0.0% (it was also unchanged at 0.0% in April). And, the average sales price was down by 0.2% (it was down by 3.6% last month).

The inventory of available homes for sale increased by 46.7% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (May 2022 had a 1.4 months supply)  A balanced market favoring neither buyers nor sellers is considered to be one with a 6 to 7-month supply of inventory. 

Previous Florida real estate market report posts.

Florida Single Family Homes May 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 May 2023 Market Report

 

Dune Walk Hutchinson Island Market Report June 2023

06.22.23 by

Dune Walk Hutchinson Island Market Report June 2023

There are 2 condos available for sale in the Dune Walk complex for June 2023 on Hutchinson Island in Jensen Beach Florida. The list prices are $379,000 and $389,000. This is an average list price of $384,000 or $390.25 per sq. ft. of living area.

There are 3 Dune Walk condos currently under contract. The list prices ranged from $439,000 up to $539,900. This equals an average list price of $481,300 which is $478.62 per sq. ft. of living area. These condos were on the market for an average of 93 days before going under contract.

In the past 12 months, 10 Dune Walk condos have sold.  Sales prices ranged from $372,000 up to $618,000.  This works out to an average sales price of $502,950 which equals $494.63 per sq. ft. of living area.  These condos averaged 30 days on the market before going under contract. And, they sold for an average of 96% of the last list price.

Click here to view the previous Dune Walk market report!

About the Dune Walk Condos in Jensen Beach FL:

Dune Walk on Hutchinson Island in Jensen Beach Florida
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Dune Walk condos for sale:

The Dune Walk Condos are the two northernmost oceanfront condos on Hutchinson Island in Jensen Beach.   Dune Wals is also known as Sand Dollar North condos. These two buildings were completed in 1983.   They contain 104 two-bedroom, 2-bathroom condos with either 1,044 or 984 sq. ft. of living area under AC.

Dune Walk on Hutchinson Island in Jensen Beach Florida
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The Dune Walk Condo features community amenities of a clubhouse with a full kitchen, exercise room and TV room, pool, and a BBQ grill.  It is gated with a full security system and an on-site manager.

Recent Dune Walk and Sand Dollar Shores sales:

HOA fees cover Common Areas, Common R.E. Tax, Elevator, Fire/Liability Insurance, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Management Fees, Pest Control, Pool Service, Real Estate Tax, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

Dune Walk Condos in Jensen Beach FL

One small pet and rentals with a one-month minimum stay are allowed.  For those looking for a private oceanfront retreat, the Dune Walk condos might be the right fit.

Click here to search for available Dune Walk Condos in Jensen Beach FL

Dune Walk Condos for sale 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 – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – 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

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

Dune Walk Hutchinson Island Market Report June 2023

Fairway Villas Indian River Plantation Market Report June 2023

06.21.23 by

Fairway Villas Indian River Plantation Market Report June 2023

There is 1 condo available for sale in the Fairway Villas condos on Hutchinson Island in Indian River Plantation in June 2023. The list price is $499,000 which equals $519.25 per sq. ft. of living area.

There are no Fairway Villas condos currently under contract.

2 Fairway Villas have sold in the past 12 months.  Sales prices were $380,000 and $575,000. This is an average sales price of $477,500 or $377.40 per sq. ft. of living area.  These villas sold for an average of 96% of the list price. And, were on the market for an average of 55 days before going under contract.

Click here to view the previous Fairway Villas market report!

About Fairway Villas in Indian River Plantation:

Fairway Villas in Indian River Plantation on Hutchinson Island in Stuart Florida
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Fairway Villas condos for sale:

The Fairway Villas of Hutchinson Island in the Indian River Plantation complex of Stuart consists of 10 smaller one and two-story buildings.  They are very close to the Marriott Resort and full-service marina in Indian River Plantation. These villas were built in 1978 with most of the condos having magnificent sweeping views of the Indian River Plantation Golf Course and lakes.

Recently sold Fairway Villas condos:

There are 33 spacious condos with a mix of three-bedroom, three-bathroom condos of 1,150 sq. ft. and two-bedroom two-bath condos with 961 sq. ft. of living area. Some of the Fairway Villas units have a detached one-car garage while others have assigned parking along with a number of additional guest spaces. This is a pet-friendly building with one large pet permitted. Fairway Villas residents enjoy their own community pool for Fairway Villas residents exclusive use.

Fairway Villas in Indian River Plantation on Hutchinson Island in Stuart Florida
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Click here to view available Fairway Villas Condos or Sale

Fairway Villas Condos or Sale in Indian River Plantation on Hutchinson Island

About the Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Fairway Villas in Indian River Plantation on Hutchinson Island in Stuart Florida
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Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.  The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island  It is bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

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

Lakeside Condos in Indian River Plantation on Hutchinson Island Florida
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Golfers of all skill levels will enjoy the challenging fairways and greens in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep-sea fishing, and a full-service 77-slip marina.  Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, and two outdoor spas.  There is also supervised activities for both children and teens.

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Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

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.

Fairway Villas Indian River Plantation Market Report June 2023

Ballantrae Real Estate Market Report June 2023

06.20.23 by

Ballantrae Real Estate Market Report June 2023

For June 2023, there are 3 homes for sale in the Ballantrae community in the Sandpiper area of Port St Lucie, FL.  The list prices range from $374,900 up to $539,000. This works out to an average list price of $466,300 which equals $251.49 per sq. ft. of living area.

There are also 3 Ballantrae homes currently under contract which have not closed to date.  List prices ranged from $384,900 up to $569,000. This is an average list price of $484,300 or $258.80 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, there have been 22 Ballantrae home sales.  Sales prices ranged from a low of $365,000 up to $1,830,000.  This works out to an average sales price of $622,605 which works out to $259.85 per sq. ft. of living area.  These homes were on the market for an average of 55 days prior to going under contract and sold for an average of 94% of the list price.

Click here to view the previous Ballantrae market report!

About Ballantrae in Port St. Lucie:

Ballantrae in Port Saint Lucie Florida
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Ballantrae homes for sale:

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. On the North Fork of the Saint Lucie River with direct access to the river. The Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river. As a bonus, you can also access Lake Okeechobee and on to the Gulf of Mexico.

Ballantrae in Port Saint Lucie Florida
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Recently sold in Ballantrae:

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

Ballantrae in Port Saint Lucie Florida
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In addition to golf and boating, Ballantrae offers tennis, swimming, and fishing. And a Homeowners’ Community Clubhouse which is the center of many community activities.

Search for all Ballantrae Homes for Sale

Ballantrae Homes for Sale in Port St. Lucie 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.

Ballantrae Real Estate Market Report June 2023

Vista del Lago Market Report June 2023

06.19.23 by

Vista del Lago Market Report June 2023

As of June 2023, there are 7 Vista del Lago condos for sale in Stuart FL.  The list prices range from $124,900 up to $274,900. This is an average list price of $194,086 which equals $213.40 per sq. ft. of living area.

There are 4 Vista del Lago condos currently under contract. The list price ranged from $139,000 up to $220,000. This is an average list price of $184,675 which is $220.70 per sq. ft. of living area. These condos were on the market for an average of 38 days before going under contract.

21 Vista del Lago condos have sold in the past 12 months. Sales prices ranged from a low of $101,000 to a high of $275,000. This is an average sales price being $173,176 which equals $196.63 per sq. ft. of living area. These condos averaged 29 days on the market before going under contract. And, the sales prices averaged 97% of the list price.

Click here to view the previous Vista del Lago market report!

About Vista del Lago Condos in Stuart FL:

Vista del Lago condos in Stuart Florida
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Vista del Lago condos for sale:

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart.  This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach.  Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago condos in Stuart Florida
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Vista del Lago condos were first built in 1974 and the last one was completed in 1979.   All the buildings are two stories and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1-bedroom units.  Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

Recently sold in Vista del Lago:

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista del Lago and this is an age-restricted (55+) community.  The HOA fees range from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

Vista del Lago condos in Stuart Florida
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Search here for:

Vista del Lago Condos for Sale

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.

Vista del Lago Market Report June 2023

Plantation House Real Estate Market Report June 2023

06.17.23 by

Plantation House Real Estate Market Report June 2023

For June 2023, there is only 1 condo for sale in the Plantation House of Hutchinson Island.  The list price is $700,000 or $560.45 per sq. ft. of living area.

There are no pending Plantation House sales at this time.

In the past 12 months, there have been 2 Plantation House sales. The sales prices were $660,000 and $835,000. This is an average sales price of $747,500 which equals $557.19 per sq. ft. of living area. These condos were on the market for an average of 184 days before going under contract. And, the sales prices averaged 88% of the last list price.

Click here to view the previous Plantation House market report!

About the Plantation House on Hutchinson Island in Indian River Plantation:

Plantation House condos in Indian River Plantation on Hutchinson Island in Stuart Florida
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Plantation House condos for sale:

On the shores of the Atlantic Ocean, the Plantation House Condos are in the Indian River Plantation community.  Located on South Hutchinson Island and anchored by the Marriott Resort in Stuart FL.

Plantation House condos in Indian River Plantation on Hutchinson Island in Stuart Florida
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The Plantation House was built in 1979 and has 39 2-bedroom, 2-bathroom condos.   They range in size from 1249 sq. ft. of living area up to 1393 sq. ft.  All units have Ocean Views.   There’s an Oceanside pool as well as under-building parking and some free-standing garages that come with the Plantation House condos.

Recent Plantation House sales:

Indian River Plantation amenities include a golf course, full-service marina, tennis courts, tiki bar, and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Plantation House condos in Indian River Plantation on Hutchinson Island in Stuart Florida

Click here to view available Plantation House condos for Sale

Plantation House condos for sale in Indian River Plantation on Hutchinson Island

Other Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

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.

Plantation House Real Estate Market Report June 2023