Martin County Florida - Real Estate Fun Facts

April 14, 2007 - PRLog -- Some interesting information from Laurel Kelly – Property Appraiser for Martin County

Number of:
• Properties – 91,075
• residential condominium units – 14,163
• single family homes – 44,146
• houses less than five years old – 6,310
• houses built before 1940 - 594
• properties with homestead exemption – 43,593
• swimming pools – 16,547
• golf courses – 34
• properties that sold in 2006 – 4,503
• acres used for growing citrus – 57,326
• Low Income Seniors – 2,051
• Highest price paid for a single family home in 2006 - $32,400,000
• Median price for single family home in 2006 - $349,700 (up from
315)
• Highest price paid for a residential condominium in 2006 -
$2,800,000
• Median price for residential condominium in 2005 - $179,000 (was
180)
• Number of million dollar homes
– 943 in 2002
– 1,132 in 2003
– 1,478 in 2004
– 1,905 in 2005
– 2,413 in 2006
– 156% increase in 4 years; 27% increase from 2005 to 2006
• Changes in home features (1975 to 2005) 1975 2005
1. Average Square feet 1,645 2,434
2. % of homes built with one story 65% 44%
3. % of homes built with 2 stories 23% 55%
4. % of homes with 1.5 baths or less 41% 4%

For more information about Martin County Real Estate, please visit
www.GabeSanders.com

Website: www.gabesanders.com