Page 39 - IPRE Luxury Report

SEWALLS POINT
SMALL TOWN | INTRACOASTAL | NATURE
Sewall’s Point is a charming peninsula town located on the eastern side of Martin County, Florida. Once a vacation town, it now is home to many younger families and full-time residents. Surrounded by water on its north, south and west, this unique community is famous for its waterfront homes and is often called a boaters’ paradise. Shaded by ancient oaks and surrounded on three sides by the St. Lucie River and the Indian River Lagoon, Sewall’s Point is known for its natural beauty. The town is a designated bird sanctuary and has been a nationally recognized “Tree City” for over two decades. Many unique shops and outstanding dining can be found in beautiful Sewall’s Point.
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
8
$2,106,375
$2,000,000
3,889
$549
85
1
$3,500,000
$16,851,000
2023 Q2
7
$2,289,286
$2,450,000
2,919
$877
88
0
$2,575,000
$16,025,000
2023 Q3
13
$1,939,269
$1,840,000
3,019
$637
85
0
$2,825,000
$25,210,500
2023 Q3
1
$2,450,000
$2,450,000
3,010
$814
31
0
$2,450,000
$2,450,000
% CHANGE (YEAR)
▲62.5%
▼7.9%
▼8.0%
▼22.4%
▲16.2%
▲0.5%
▼100.0%
▼19.3%
▲49.6%
% CHANGE (YEAR)
▼75.0%
▲30.9%
▲43.7%
▼21.4%
▲68.9%
▲42.5%
▼100.0%
▼12.5%
▼67.3%
% CHANGE (QUARTER)
▲85.7%
▼15.3%
▼24.9%
▲3.4%
▼27.3%
▼3.2%
-
▲9.7%
▲57.3%
% CHANGE (QUARTER)
▲0.0%
▲6.5%
▲6.5%
▲56.1%
▼31.8%
▼16.2%
-
▲6.5%
▲6.5%
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
4
$1,871,500
$1,705,000
3,828
$482
22
1
$2,800,000
$7,486,000
2023 Q2
1
$2,300,000
$2,300,000
1,928
$1,193
37
0
$2,300,000
$2,300,000
TOP RESIDENTIAL SALE $2.8M
32 N SEWALLS POINT RD, SEWALLS POINT, FL 34996
ILLUSTRATED PROPERTIES | IPRE.COM