Sablewood Real Estate Market Report May 2023

Sablewood Real Estate Market Report May 2023

As of May 2023, there are no homes for sale in the Sablewood community of Hobe Sound FL.

There are also no Sablewood homes currently under contract.

In the past 2 years, there have been 5 Sablewood home sales. Sales prices ranged from $590,000 up to $819,000. This is an average sales price of $686,800 which equals $271.91 per sq. ft. of living area. These homes were on the market for an average of 35 days before going under contract. And, they sold for an average of 98% of the list price.

About the Sablewood Community of Hobe Sound

Sablewood real estate in Hobe Sound FL

Sablewood homes for sale:

Sablewood is a gated community of 38 upscale homes located in Hobe Sound, Florida on the west side of Gomez Avenue. The community was developed in the late 1980s and early 1990s and features single-family homes with attached garages, beautifully landscaped yards, and palm tree-lined streets. Sablewood homes were built beginning in 1989 and the last one recorded was finished in 2016. 

Sablewood property owners have the use of a community tennis court as well as some great open space that is part of the association property.  Sablewood is a pet-friendly community and rentals are also permitted with some restrictions.

Sablewood real estate in Hobe Sound FL

Homes range in size from just over 3,500 sq. ft. of living area with up to 6 bedrooms and 5 bathrooms down to 3 bedroom, 2 bathroom homes of just under 2,000 sq. ft. of living area.  These homes are on generous lot sizes from over one-quarter of an acre to just over half an acre.

Recent Sablewood home sales:

The Sablewood community is located in a very private and quiet area of Hobe Sound, yet it is still close to shopping, beaches, boat ramps, and marinas. The community is also located just a short drive from the Jupiter Lighthouse and the Jupiter Inlet Colony.

If you are looking for a beautiful, quiet, and private community to call home, Sablewood is definitely worth considering.

Check the links on this page to see if any Sablewood homes are available for sale.

Search here for Sablewood homes in Hobe Sound

Sablewood Real Estate Market Report May 2023

Gabe’s May 2023 House Calls Real Estate Newsletter

Gabe’s May 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 May 2023 House Calls real estate newsletter.

Gabe's May 2023 House Calls Real Estate Newsletter

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 May 2023 House Calls Real Estate Newsletter

Beau Rivage Real Estate Market Report April 2023

Beau Rivage Real Estate Market Report April 2023

For April 2023, there is 1 home available for sale in Beau Rivage in Stuart Florida. The list price is $1,575,000 or $514.20 per sq. ft. of living area.

There is also 1 Beau Rivage home currently under contract. The list price was $379,000 which is $272.27 per sq. ft. of living area. This home was on the market for 36 days before going under contract.

In the past 12 months, 7 Beau Rivage homes have sold.  Sales prices ranged from $215,000 up to $2,275,000.  The average sales price was $669,343 which equaled $312.12 per sq. ft. of living area.  These homes averaged 23 days on market before going under contract. And, they sold for an average of 98% of the last list price.

Click here to view the previous Beau Rivage market report!

About Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates real estate in Stuart Florida
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Beau Rivage Estates homes for sale:

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms.

Beau Rivage Estates real estate in Stuart Florida

Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary school, and Felix A. Williams are all fantastic schools that are close by!

Recent Beau Rivage sales:

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Beau Rivage Estates real estate in Stuart Florida
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Search for Beau Rivage Homes for Sale

Search for Beau Rivage homes in Stuart Florida

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.

Beau Rivage Real Estate Market Report April 2023

The Courtyards at Willoughby Real Estate Market Report April 2023

The Courtyards at Willoughby Real Estate Market Report April 2023

There are 2 townhouse/condos currently for sale in the Courtyards at Willoughby. The list prices are $325,000 and $359,000. This is an average list price of $342,000 which is $263.25 per sq. ft. of living space.

There are no Courtyards of Willoughby condos under contract at this time.

In the past 12 months, 6 Courtyards of Willoughby condos have sold. Sales prices ranged from $300,000 up to $325,000.  This is an average sales price of $312,167 which equals $272.83 per sq. ft. of living space.  These condos sold for an average of 96% of the list price. And, these homes averaged 49 days on market before going under contract.

Click here to view previous Courtyards at Willoughby market reports

About the Courtyards at Willoughby:

Courtyards at Willoughby in Stuart Florida
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Courtyards at Willoughby homes for sale:

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach, and Palm City have to offer.

Recent sales in the Courtyard of Willoughby

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from. These units are spacious and well-appointed, and many feature private balconies or patios. The community is also well-maintained, with lush landscaping and manicured grounds. The models are: The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedrooms, 2 bathrooms, two-level homes with 1,532 sq. ft. of living area down to 2 bedrooms, 2 baths, one-level living with 1,125 sq. ft. of living space and some models feature garages.  Up to 1 medium-sized pet is allowed.

Courtyards at Willoughby in Stuart Florida
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This community features a swimming pool, a sundeck and cabana grilling area, and a 24-hour fitness center! The surrounding school district is ‘A-rated.

The Courtyards at Willoughby

Here are some of the things that make the Courtyards of Willoughby a great place to live:

  • Centrally located in Stuart
  • Close to downtown Stuart, the Willoughby Golf Course, and the Port Salerno Waterfront District
  • Swimming pool,
  • Pet-friendly
  • Variety of floor plans to choose from
  • Spacious and well-appointed units
  • Well-maintained community with lush landscaping and manicured grounds
The Courtyards at Willoughby

Search Here for Courtyards at Willoughby Condos for Sale

Search for The Courtyards at Willoughby homes in Stuart 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 Courtyards at Willoughby Real Estate Market Report April 2023

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

Sewalls Landing Real Estate Market Report April 2023

Sewalls Landing Real Estate Market Report April 2023

For April 2023, there is 1 home for sale in Sewalls Landing, The list price is $899,900 which is $328.55 per sq. ft. of living area.

There is also 1 Sewalls Landing home currently under contract. The list price was $1,199,900 or $358.82 per sq. ft. of living area. This home was on the market for 18 days before going under contract.

In the past 12 months, there have been 2 Sewalls Landing home sales. The sales prices were $840,000 and $930,000. This is an average sales price of $885,000 which equals $299.02 per sq. ft. of living area. These homes were on the market for an average of 25 days before going under contract. And, they sold for 88% of the list price.

Click here to view the previous Sewalls Landing market report!

About Sewalls Landing:

Sewalls Landing real estate in Jensen Beach Florida
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Sewalls Landing homes for sale:

Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park, and much, much more. 

Sewalls Landing real estate in Jensen Beach Florida
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This gated community consists of 51 home-sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generously sized lots from just under a ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3 car garages.  Sewalls Landing residents enjoy low HOA fees.

Recent Sewalls Landing home sales:

Children attend Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought-after community in Martin County, FL.

Sewalls Landing real estate in Jensen Beach Florida

Search for Sewalls Landing 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.

Sewalls Landing Real Estate Market Report April 2023

Maritimes Real Estate Market Report April 2023

Maritimes Real Estate Market Report April 2023

As of April 2023, there is 1 condo available for sale in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL. The list price is $1,000,000 which is $555.56 per sq. ft. of living area.

There are no Maritimes condos currently under contract.

There has been only 1 sale in the Maritimes in the past 12 months.  The sales price was $628,000 which equals $406.47 per sq. ft. of living area. This condo sold for 100% of the list price. And, it was on the market for 77 days before going under contract.

Click here to view the previous Maritimes market report!

About the Maritimes on Hutchinson Island

The Maritimes real estate on Hutchinson Island in Stuart Florida
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Maritimes condos for sale:

The Maritimes is one of the prime ocean-to-river communities on South Hutchinson Island in Stuart, FL.  Many units offer larger than normal residences in both River and Oceanside settings.  The complex consists of 53 units, all of which are oceanfront or Intracoastal Waterway front. The units range in size from 1,300 to 2,100 square feet and have 2 or 3 bedrooms. The complex has a number of amenities, including a pool, tennis courts, and kayak/canoe storage.

The riverside (or Maritimes West has a lovely private sandy beach with kayak storage for those not wishing to play in the surf or for those days when it’s a bit windy on the beachside.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

Recent Maritimes sales:

The Maritimes condos were constructed between 1975 and 1988, with the oceanfront units being built first.  Living square footage range from just under 1300 sq. ft. 2 Bedroom condos with over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.

The Maritimes real estate on Hutchinson Island in Stuart Florida
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The Maritimes is a pet-friendly community and allows up to 2 large pets. Rentals are also permitted with a minimum of 2 month duration. The monthly condo fee includes basic cable, fire/liability and exterior building insurance, landscaping, manager, pest control, recreational facility, reserve funds, sewer, trash removal, and water.

The Maritimes on Hutchinson Island in Stuart Florida
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The Maritimes is located in a desirable area of Stuart, close to shopping, dining, and entertainment. The complex is also within walking distance of the beach.

The Maritimes real estate on Hutchinson Island in Stuart Florida

If you are looking for a luxury condominium in a beautiful location, the Maritimes is a great option.

Maritimes Condos on Hutchinson Island

 Search for the Maritimes Condos and Townhomes Condos on Hutchinson Island

Search for Maritime condos on Hutchinson Island 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.

Maritimes Real Estate Market Report April 2023

St Lucie County Townhouses and Condos March 2023 Market Report

St Lucie County Townhouses and Condos March 2023 Market Report

The St Lucie County Townhouses and Condos market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 18.7% from last year (were down by 45.9% in February). New pending sales were unchanged at 0.0% (they were down by 31.4% last month).

Prices were mixed for March. Hopefully, price increases will continue to moderate which should lead to an increase in sales. The median price increased by 1.7% from last year (was up by 12.3% in February) and the average sales price decreased by 9.0% (was down by 0.6% in February).

The available townhouses and condos inventory decreased by 2 units from last month to 397 residences. This is 194.1% greater inventory than we had in March 2022. The current inventory supply is 4.5 months, as compared to 1.0 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 March 2023 Market 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 March 2023 Market Report

Hideaway Isles Real Estate Market Report April 2023

Hideaway Isles Real Estate Market Report April 2023

As of April 2023, there are no homes available for sale in the Hideaway Isles community of Palm City FL.

There are 2 Hideaway Isles homes currently under contract. The list prices were $475,000 and $1,150,000. This works out to an average list price of $812,500 which is $340.96 per sq. ft. of living area.  These homes were on the market for an average of 9 days before going under contract.

In the past 12 months, 9 Hideaway Isles homes have sold.  Sales prices ranged from $465,000 up to $1,925,000.  This equals an average sales price of $1,055,889 which works out to $396.51 per sq. ft. of living area.  These homes sold for an average of 97% of the list price. And, they went under contract in an average of 47 days after being listed.

Click here to view the previous Hideaway Isles market report!

About Hideaway Isles in Palm City FL:

Hideaway Isles real estate in Palm City FL
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Hideaway Isles homes for sale:

Hideaway Isles is a community of a variety of homes where you will surely find something to suit your needs!  Homes range in size from modest two to over five-bedroom homes with plenty of room around the homes for a great opportunity to make your backyard a fantastic weekend getaway. There is a variety of homes in Hideaway Isles that have newer and older designs and ages. However, many homes have completed updates to the inside and outsides that today’s home buyers find so appealing.  Most Hideaway isles homes are waterfront with deep water docks that can easily access the blue waters of the Atlantic Ocean, only minutes away.

Recent Hideaway home sales:

There are no HOA fees in Hideaway Isles and the only property restrictions are those imposed by Martin County.

Hideaway Isles real estate in Palm City FL

Hideaway Isles is located in Palm City. A great place to raise a family because of the “A” rated school system of Martin County. It’s close to I-95 and Florida’s Turnpike which makes it convenient for commuting either north or south.

Hideaway Isles real estate in Palm City FL

Search here for any available Hideaway Homes for sale in Palm City FL

Search for Hideaway Isles real estate in Palm City FL

For more Stuart Florida area real estate information contact me, Gabe Sanders, or search for properties on your own at GabeSanders.com

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

Hideaway Isles Real Estate Market Report April 2023

St Lucie County Single Family Homes March 2023 Market Report

St Lucie County Single Family Homes March 2023 Market Report

The March 2023 St Lucie County Single Family Home market continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 23.9% for the month compared to last year (in February they were down by 22.8%). New sales under contract (new pending sales) decreased by 15.1% (they were down by 9.2% last month).

Prices rose for March, though at a moderate rate.  The median sales price was up by 1.4% (was up by 5.7% in February).  The average sales price was up by 2.6% (it was up by 4.9% in February).

The number of available home listings decreased by 170 homes to 1,429 units.  This inventory is 140.6% greater than last year.  The current supply of homes is 2.8 months (it was 0.9 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 March 2023 Market 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 March 2023 Market Report

Martin County Townhouses and Condos March 2023 Market Report

Martin County Townhouses and Condos March 2023 Market Report

The Martin County Townhouses and Condos had stronger closed activity for the first time in months. But, we are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales for the month were up by 16.5%.  They were down by 28.4% in February.  New sales under contract (new pending sales) were up by 5.1% from last year.  They were down by 7.2% in February.

Price activity was mixed for March.  The median sales price increased by 1.5% (was up by 10.3% last month). While the average sales price decreased by 2.6% (was down by 5.5% in February).

The available townhouses and condos inventory decreased by 19 units to 289 properties.  This is a 147.0% greater supply of inventory than we had in March 2022.  Currently, there’s a 3.3 months supply of inventory (compared to 1.0 months for March 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 March 2023 Market 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 March 2023 Market Report

Fox Run Real Estate Market Report April 2023

Fox Run Real Estate Market Report April 2023

For April of 2023, there are no homes available for sale in Fox Run in Palm City.

There is 1 home currently under contract. The list price was $475,000 or $266.11 per sq. ft. of living area. This home was on the market for 20 days before going under contract.

In the past 12 months, only 1 Fox Run home has sold.  The sales price was $407,000 which works out to $228.01 per sq. ft. of living area.  This home sold for 91% of the list price. And was on the market for 172 days before going under contract.

Click here to view previous Fox Run market reports!

About Fox Run in Palm City Florida:

Fox Run real estate in Palm City Florida
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Fox Run is a waterfront community on the Hidden River. It is located just north of Murphy Road between Matheson Avenue and High Meadows Avenue.  There are only 57 homes in this community. Construction of these homes was from 1979 through 2005.  11 homes are on the banks of the Hidden River with deep water ocean access docks.  The remaining homes have exclusive access to a boat ramp as well as a large lot to store trailers and RVs.

Fox Run real estate in Palm City Florida
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Homes are of a wide variety of sizes and shapes. They range from 4 bedroom, 3 bathroom homes of over 3,000 sq. ft. to just over 1,200 sq. ft. homes with 2 bedrooms and 2 bathrooms.

Other than the boat ramp and the storage/parking lot there are no other amenities keeping the HOA fees quite low.

Recent sales in Fox Run:

Close to shopping, and restaurants and with easy access to Florida’s Turnpike for those commuting either north or south, this quiet residential area is the perfect spot for families or couples looking for a great neighborhood with access to boating and fishing.

Fox Run real estate in Palm City Florida
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Currently, children living in Fox Run are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Fox Run real estate in Palm City FL

Search for Fox Run real estate here!

Fox Run real estate search 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.

Fox Run Real Estate Market Report April 2023

Martin County Single Family Homes March 2023 Market Report

Martin County Single Family Homes March 2023 Market Report

The Martin County Single Family Homes Market Report had stronger closed activity for the first time in months. But, we are still encountering headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were up by 12.5% from last year (they were down by 27.1% in February). At the same time, new pending sales increased by 14.4% compared to last year (which increased by 3.6% last month).

Prices were up for March.  The median sales price increased from last year by 6.1% (up by 3.3% in February) while the average sales price increased by 26.0% (down by 10.3% last month).

The inventory of available single-family homes decreased by 26 units from last month to 489. This is a 119.3% greater inventory than last March.  The current supply of homes is 3.1 months.  For March of last year, it was 1.0 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 March 2023 Market 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 March 2023 Market Report

The Charter Club Real Estate Market Report April 2023

The Charter Club Real Estate Market Report April 2023

For April 2023, there is 1 home for sale in the Charter Club at Martin Downs in Palm City FL. The list price is $429,000 which is $287.53 per sq. ft. of living area.

There are 3 Charter Club homes under contract. List prices ranged from $384,000 up to $475,000. This is an average list price of $418,000 or $264.45 per sq. ft. of living area. This home was on the market for 29 days before going under contract.

In the past 12 months, 10 Charter Club homes have sold.  Sales prices ranged from $340,000 up to $465,000. This equals an average sales price of $398,800 which equals $265.29 per sq. ft. of living area.  These homes went under contract in an average of 12 days. And, sold for an average of 99% of the list price.

Click here to view the previous Charter Club market report!

About the Charter Club at Martin Downs:

The Charter Club real estate at Martin Downs in Palm City Florida
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Charter Club homes for sale:

The Charter Club is a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses, and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

The Charter Club real estate at Martin Downs in Palm City Florida
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Home sizes range from 3 bedrooms, 3 bathrooms, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedrooms, 2 bathrooms homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two-car, though a few of the smaller homes only have one car garages.

Recent Charter Club sales:

There are a community pool and hot tub for residents as well as tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium-sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

The Charter Club real estate at Martin Downs in Palm City Florida
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The HOA fee covers the common areas, landscaping and lawn service, basic cable tv, pest control, and trash service.

A wonderful and safe community neighborhood that’s close to A-rated schools.  The Charter Club at Martin Downs is a great place to call home.

Search here for Charter Club Homes for Sale

Charter Club real estate search 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.

The Charter Club Real Estate Market Report April 2023

Florida Townhouses and Condos March 2023 Market Report

Florida Townhouses and Condos March 2023 Market Report

Florida Townhouses and Condos market report continue to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 23.5% compared to last month’s decrease of 30.2%.  New sales under contract (new pending sales) decreased by 19.3% (In February, there was a 24.2% decrease).

Year-to-year prices were higher. However, these price increases have moderated which may indicate future increased activity. The median sales price was up by 3.9% (was up by 8.6% in February). And the average sales price increased by 1.1% (was up 2.9% in February).

The inventory of active listings increased by 107.6% from March last year.  This results in 3.4 months supply of inventory as compared to 1.2 months for March 2021.  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 March 2023 Market Report

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

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

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

Florida Townhouses and Condos March 2023 Market Report

Suntide Condos Real Estate Market Report April 2023

Suntide Condos Real Estate Market Report April 2023

For April 2023, there are 2 condos on the market in Suntide on Hutchinson Island in Stuart FL. The list prices are $399,900 and $405,000. This is an average list price of $402,450 which works out to $296.42 per sq. ft. of living area.

There are no Suntide condos currently under contract.

There have been 3 Suntide condos sold in the past 12 months.  Sales prices ranged from $420,000 up to $465,000 for an average sales price of $437,000 which equals $308.19 per sq. ft. of living area.  These sales averaged 97% of the list price. And, they were on the market for an average of 39 days prior to going under contract.

Click here to see the previous Suntide market report!

About the Suntide Condominiums of Hutchinson Island in Stuart Florida:

Suntide condo real estate on Hutchinson Island in Stuart Florida
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Suntide condos for sale:

The Suntide Condominium is located on Hutchinson Island in uncrowded and unspoiled Martin County. It is one of the premier oceanfront condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard-to-find under-building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Recent Suntide condo sales:

Suntide condo real estate on Hutchinson Island in Stuart Florida
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Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these features an office, sitting room that can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best-run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation getaway.

Search for Suntide Condos on Hutchinson Island

Suntide condo real estate search on Hutchinson Island

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach 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

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.

Suntide Condos Real Estate Market Report April 2023

Florida Single Family Homes March 2023 Market Report

Florida Single Family Homes March 2023 Market Report

The Florida Single Family Home continues to show weaker sales activity when compared to last year. The inventory numbers are growing, but we are facing headwinds with increasing mortgage rates and other economic uncertainties. Closed sales were down by 15.0% (were down by 21.3% in February). New sales under contract (new pending sales) were down by 12.0% (were down by 11.6% in February).

Prices were mixed for March.  The (year-to-year) median sales price rose by 2.1% (it was up by 3.5% in February). And, the average sales price was down by 2.1% (it was down by 1.8% last month).

The inventory of available homes for sale increased by 115.8% from last year.  This represents a 2.7 months supply of inventory. Florida remains in a seller’s market with the advantage to sellers. (March 2021 had a 1.0 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 March 2023 Market 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 March 2023 Market Report

 

The Estuary Real Estate Market Report April 2023

The Estuary Real Estate Market Report April 2023

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2023 real estate market report for this gated community:

Homes

There are no homes currently available for sale in the Estuary.

There are also no Estuary homes currently under contract.

In the past 12 months, 7 Estuary homes have sold.  Sales prices ranged from $440,000 up to $785,000.  This equals an average sales price of $533,571 which works out to $275.08 per sq. ft. of living area. These homes sold for an average of 96% of the list price. And, went under contract in an average of 67 days.

Condos

There are no condos currently for sale in the Estuary.

There is 1 Estuary condo currently under contract. The list price was $254,900 which is $237.34 per sq. ft. of living area. This condo was on the market for 46 days before going under contract.

In the past 12 months, 6 Estuary condos have sold.  Sales prices ranged from $300,000 up to $420,000.  This equals an average sales price of $368,817 which works out to $311.14 per sq. ft. of living area.  These condos averaged 54 days on the market before going under contract. And, sold for an average of 94% of the list price.

Click here to view the previous Estuary market report!

About the Estuary:

The Estuary real estate in Stuart FL

Estuary homes and condos for sale:

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.

Recent Estuary sales:


The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

The Estuary real estate in Stuart FL

Different sections of the Estuary include well-appointed 2 and 3 bedroom condos with pool and lake views.  A select number of condos have mile-wide river views of the Saint Lucie River.  An inland section of varying styles, sizes and shapes of homes built from the early 1980s and also called River Shores Plantation. 

The Estuary real estate in Stuart FL

In 2002, a section of the Estuary was added with villas and smaller single-family homes on Tillia Trail with their own community pool.  Larger single-family homes were also added at this time along Estuary Court, Plumbago Trail and the western section of NW 21’st Terrace.  This section also boasts a community dock suitable for good-sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

The Estuary in Stuart FL

 Search here for the Estuary of Stuart Homes and Condos

The Estuary real estate search in Stuart 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.

The Estuary Real Estate Market Report April 2023

Joes Point Real Estate Market Report April 2023

Joes Point Real Estate Market Report April 2023

As of April 2023, there are no homes for sale in Joes Point on Hutchinson Island.

There is 1 Joes Point home currently under contract. The list price was $3,195,000 or $777.94 per sq. ft. of living area. This home was on the market for 1 day prior to going under contract.

In the past 12 months, 2 Joes Point homes have sold. Sales prices were $1,825,000 and $3,250,000. This is an average sales price of $2,537,500 which equals $630.07 per sq. ft. of living area. These homes averaged 19 days on market before going under contract. And, they sold for an average of 93% of the list price.

Click here to view the previous Joes Point market report!

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson Island
Google Earth image
Joes Point homes for sale:

One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula that juts to the northwest into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boater’s paradise.  Abundant fishing is just off the dock or just go a few minutes further for some deep-sea fishing and adventure.

Recent sales in Joes Point:

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of October 2019 were under $300 per month and include central water and sewer service.

Joes Point real estate on Hutchinson Island
Google Earth image

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA-owned beach area.

Joes Point on Hutchinson Island

Search here for any available Joes Point Homes for Sale

Search for Joes Point real estate on Hutchinson Island

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.

Joes Point Real Estate Market Report April 2023

Hidden River Real Estate Market Report April 2023

Hidden River Real Estate Market Report April 2023

There are no active listings in Hidden River in Palm City for April 2023. 

There are also no Hidden River homes under contract at this time.

In the past 12 months, 5 Hidden River homes have sold.  The sales prices ranged from $525,000 up to $1,750,000. This is an average sales price of $1,177,000 which is $498.65 per sq. ft. of living area.  These sales prices averaged 98% of the list price. And, they went under contract in an average of 20 days after being listed.

Click here to view previous Hidden River market reports!

About the Hidden River Area of Palm City FL:

Hidden River real estate in Palm City Florida
Google Earth image

Hidden River homes for sale:

This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good-sized boats.

Hidden River real estate in Palm City Florida
Google Earth image

This is a non-deed-restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Recent Hidden River home sales:

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River in Palm City Florida
Google Earth image

Children attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Here are some of the benefits of living in Hidden River:

  • Quiet and peaceful community
  • Close to I-95
  • Close to shopping and dining options
  • No HOA fees
  • Open to all ages and pets
  • Plenty of opportunities for fishing, boating, and swimming in the nearby rivers and canals

If you are interested in learning more about Hidden River, please contact the Gabe Sanders real estate team.

Search here for any Hidden River homes for sale

Hidden River real estate 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 River Real Estate Market Report April 2023

Fairwinds Cove Real Estate Market Report April 2023

Fairwinds Cove Real Estate Market Report April 2023

There are 3 condos currently available for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. The list prices range from $329,000 up to $415,000. This is an average list price of $364,633 which works out to $321.36 per square foot of living area.

There are also 3 Fairwinds Cove condos currently under contract. They were listed from $369,900 up to $399,900. This equals an average list price of $386,267 or $339.92 per square foot of living area.  These condos were on the market for an average of 92 days before going under contract.

In the past 12 months, 8 Fairwinds Cove condos have sold.  Sales prices ranged from $337,000 up to $460,000.  This works out to an average sales price of $394,500 which equals $338.44 per square foot 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 58 days before going under contract.

Click here for the previous Fairwinds Cove market report!

About Fairwinds Cove in Jensen Beach FL:

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

Fairwinds Cove condos for sale:

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four-story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida
Google Earth image

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with a full kitchen, meeting room, fitness room, billiards and more.

Recent Fairwinds Cove sales:

Fairwinds Cove is a non-age-restricted community that allows one small pet.  There is a strong sense of community with many long-time seasonal and full-time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove real estate on Hutchinson Island in Jensen Beach Florida

Search for Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove real estate on Hutchinson Island 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.

Fairwinds Cove Real Estate Market Report April 2023