Hidden River in Palm City FL April 2018 Market Report

Hidden River in Palm City FL April 2018 Market Report

There are no active listing in Hidden River in Palm City for early April 2018.

There are also no homes under contract at this time in the Hidden River community

In the past 12 months, only 31 homes has sold in Hidden River.  The sales prices ranged from $545,000 up to $1,022,500 for an average sales price of $751,583.  This works out to $281.04 per sq. ft. of living area.  These sales prices averaged 98% of the list price and went under contract in an average of 38 days of being listed.

About Hidden River in Palm City FL

Hidden River in Palm City FL April 2018 Market Report

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 in Palm City FL April 2018 Market Report

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.

Hidden River in Palm City FL April 2018 Market Report

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 FL April 2018 Market Report

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

Search here for any Hidden River homes for sale

Hidden River in Palm City FL April 2018 Market Report

 

 

Stuart FL 34997 Condo Market Report March 2018

Stuart FL 34997 Condo Market Report March 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2018

For March 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 56 active condo listings (Up by 2 condos from February).

Stuart FL 34997 Condo Market Report March 2018

23 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from February).

Stuart FL 34997 Condo Market Report March 2018

22 Condos Sold in March (Increased by 5 condos from February).

Stuart FL 34997 Condo Market Report March 2018

      The Stuart FL condo market for zip code 34997 has a very low inventory of available condos for sale yet is showing strong activity with what is available.

     The absorption rate dropped to 2.4 months in March compared to 3.2 months for February.  Back into a strong sellers’ market for the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The March 2017 numbers were: 75 active listings, 44 pending sales, and 18 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale..

Stuart FL 34997 Condo Market Report March 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report March 2018

 

 

The Estuary April 2018 Market Report

The Estuary April 2018 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2018 market report for this gated community:

Homes

There are 8 homes for sale in the Estuary.  List prices range from $292,400 up to $895,000 for an average list price of $494,663 which equals $217.23 per sq. ft. of living area.

There is 1 home currently under contract.  It was listed for $355,000 or $191.27 per sq. ft. of living area and was on the market for 154 days before going under contract

In the past 12 months, 14 homes have sold in the Estuary.  Sales prices ranged from $207,000 up to $729,000 for an average sales price of $313,771 which works out to $175.57 per sq. ft. of living area. These homes sold for an average of 97% of list price and went under contract in an average of 70 days.

Condos

There is 1 condo currently available for purchase in the Estuary.  This condo is listed for $150,000 or $139.66 per sq. ft. of living area.

There are 2 condos currently under contract.  List prices were $159,900 and $180,000 which is an average list price of $169,950 or $160.16.  These condos averaged 9 days on the market prior to going under contract.

In the past 12 months, 4 condos have sold in the Estuary.  Sales prices were from $147,000 up to $181,100 for an average sales price of $159,025 which works out to $137.27 per sq. ft. of living area.  These four condos averaged 32 days on market and sold for an average of 102% of the last list price.

About the Estuary

The Estuary of Stuart FL

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.
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.

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 1980’s and also called River Shores Plantation.  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.

 Search here for the Estuary of Stuart Homes

Search The Estuary Condos For Sale

The Estuary April 2018 Market Report

Stuart FL 34997 Residential Market Report March 2018

Stuart FL 34997 Residential Market Report March 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2018

For March 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 297 active listings (Decreased by 10 homes from February).

Stuart FL 34997 Residential Market Report March 2018

164 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from February).

Stuart FL 34997 Residential Market Report March 2018

92 Homes Sold in March (Increased by 27 homes from February)

Stuart FL 34997 Residential Market Report March 2018

      The Stuart Florida Residential Market for ZIP Code 34997 continues to show very strong sale activity.
     The absorption rate decreased to 3.2 months (was 4.7 months for February).  Into an even stronger seller’s market for the 34997 zip code area of Stuart for March 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for March, were: 332 active listings, 189 pending listings, and 94 closed sales.  Slightly greater activity last year but with a greater inventory of available homes for sale.
Stuart FL 34997 Residential Market Report March 2018

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Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report March 2018

 

Creekside April 2018 Market Report Palm City Florida

Creekside April 2018 Market Report Palm City Florida

For April 2018 there is one home listed for sale in the Creekside community of Palm City.  This home is listed for $454,900 or $148.76 per sq. ft. of living area.

There are no homes currently under contract in the Creekside subdivision of Palm City.

In the past 12 months, 1 home has sold in Creekside.  The sales price was $365,000 which equates to $119.36 per sq. ft. of living area.  This home was on the market for 18 days before going under contract and sold for 97% of the list price.

About Creekside in Palm City

Creekside real estate in Palm City

A small gated community in Palm City FL with only 18 homes.  This is a Kolter built community that was constructed from 2013 to 2014.

Homes in Creekside are all 4 Bedrooms or greater with 3 or more bathrooms and most are 2 stories with 2 car garages.  Sizes of the homes range from just over 2,000 sq. ft. of living area up to over 3,000.  Some of the homes have private pools. There are no community amenities in Creekside which helps keep the HOA fees a very reasonable $120 per month.

Creekside real estate in Palm City Home 2

Creekside is off of Sunset Trail in Palm City which makes it a quiet and private secluded location, yet still just minutes away from excellent shopping, restaurants as well as access to the numerous water ways, beaches and golf courses the Martin County and the Treasure Coast of Florida have to offer.

Creekside real estate in Palm City Creekside real estate in Palm City

A very desirable community for children as this is an ‘A’ rated school district currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.

Here are the currently available homes for sale in Creekside

Creekside April 2018 Market Report Palm City Florida