Page 35 - IPRE Luxury Report

HUTCHINSON ISLAND
OCEANFRONT | SECLUSION | DINING
Located off the coast of Martin and St. Lucie counties, Hutchinson Island is a barrier island bordered by the Atlantic Ocean on the east and the Indian River on the west. Hutchinson Island is home to the Elliot Museum, the historic House of Refuge, and the Florida Oceanographic Society.
Here you will find miles of beautiful, sandy beaches to enjoy, with free public access on this down-to-earth island that offers cultural events and activities for the whole family. Hotels, vacation rentals, fine restaurants – Hutchinson Island has it all. The island also is a great place to enjoy Florida wildlife at its finest. A true jewel, Hutchinson Island is a wonderful place to fish, play golf or just stare at the enchanting Atlantic.
Single Family Homes
SINGLE FAMILY HOMES
Number of Sales
Average Sales Price
Median Sales Price
Average Square Footage
Price Per Square Foot
Average Days on Market
Sales Sold at Original List Price
Top Sale Price
Total Sale Volume
2022 Q3
11
$3,345,909
$1,500,000
3,662
$846
31
2
$6,000,000
$36,805,000
2023 Q2
7
$2,342,857
$1,375,000
3,083
$688
90
0
$5,000,000
$16,400,000
2023 Q3
5
$1,048,800
$1,052,000
2,612
$403
89
1
$1,090,000
$5,244,000
2023 Q3
4
$1,057,500
$1,070,000
2,267
$470
91
2
$1,090,000
$4,230,000
% CHANGE (YEAR)
▼54.5%
▼68.7%
▼29.9%
▼28.7%
▼52.4%
▲188.8%
▼50.0%
▼81.8%
▼85.8%
% CHANGE (YEAR)
-
-
-
-
-
-
-
-
-
% CHANGE (QUARTER)
▼28.6%
▼55.2%
▼23.5%
▼15.3%
▼41.5%
▼1.3%
-
▼78.2%
▼68.0%
% CHANGE (QUARTER)
▲0.0%
▼8.0%
▼2.7%
▼17.0%
▲11.8%
▲73.7%
-
▼16.2%
▼8.0%
Condos & Townhomes
CONDOS/TOWNHOMES
Number of Sales
Average Sales Price
Median Sales Price
Average Square Footage
Price Per Square Foot
Average Days on Market
Sales Sold at Original List Price
Top Sale Price
Total Sale Volume
2022 Q3
2023 Q2
4
$1,150,000
$1,100,000
2,731
$421
52
0
$1,300,000
$4,600,000
TOP RESIDENTIAL SALE $960K
2402 HARBOUR COVE DR, HUTCHINSON ISLAND, FL 34949
ILLUSTRATED PROPERTIES | IPRE.COM