Island Crest Condos on Hutchinson Island May 2017 Market Report

Island Crest Condos on Hutchinson Island May 2017 Market Report

There are 3 condos available to purchase in Island Crest for May 2017.  The list prices of these three Hutchinson Island condos are from $219,900 up to $399,900 for an average list price of $283,267 or $260.63 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 8 Island Crest condos have sold.  Sales prices ranged from $210,000 up to $282,500 for an average sales price of $263,438 which works out to $257.51 per sq. ft. of living area.  These condos averaged 1114 days on market before going under contract and sold for 95% of the final list price.

About Island Crest Condos on Hutchinson Island

Island Crest Condos on Hutchinson Island in Jensen Beach FL

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12 story complex with 126 residential condos.  Sizes range from 2 bedroom, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Located north of the Jensen Beach causeway and south of the Waveland public beach, Island Crest has many upscale amenities.  These include 2 pools, Jacuzzi, clubhouse with social areas and 2 kitchens, fitness room, ocean view billiards, bocce court, 2 tennis courts, basketball, grilling area, car wash and private beach access.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

1 small pet is permitted and rentals are allowed with a minimum of 3 months.  Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks).  Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Click here to see the currently available Island Crest Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Condo Market Report April 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for April 2017

 

For April 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):



There are currently 135 active listings. (Increased by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

48 Condo sales are pending and awaiting settlement. (Down by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

41 Condos Sold (Up by 16 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

 The Jensen Beach FL 34957 Condo Market Report for April continued with a very strong increase in sales activity.  I don’t expect this volume to continue into the early summer.

The one month absorption rate for the April 2017, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 5.2 months in March), now a very strong seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2016 numbers were: 113 active listings, 72 pending sales and 37 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2017

 For April 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 179 active listings. (Down by 24 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2017

98 Residential sales are pending and awaiting close or lender approval. (Up by 16 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2017

46 Homes Sold (Down by 12 homes sale from March)

Jensen Beach FL 34957 Residential Market Report April 2017

The Jensen Beach FL 34957 Residential Market continues with very strong activity from the past month into April.  One of the strongest segments of the Martin County real estate market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose slightly to 3.9 months ( was 3.5 months in March).  Remaining in a strong seller’s market for April.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2016 numbers were: 113 active listings, 72 pending sales and 37 home sales closed.  Better activity this year on a larger pool of homes (inventory).
Jensen Beach FL 34957 Residential Market Report April 2017

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

Jensen Beach FL 34957 Residential Market Report April 2017

Villa del Sol May 2017 Market Report

Villa del Sol May 2017 Market Report

For may 2017 there are two condos on the MLS in Villa del Sol on Hutchinson Island in Jensen Beach FL.  The list prices are $136,555 and $229,000 for an average list price of $182,778 or $208.58 per sq. ft. of living area.

There is one condo under contract in Villa del Sol.  It was listed for $229,000 or $164.28 per sq. ft. of living area.  This condo was on the market for 239 days prior to going under contract.

In the past 12 months, 5 condos have sold with sales prices from $125,000 up to $290,000 for an average sales price of $218,000 which works out to $$177.14 per sq. ft. of living area.  These condos sold for an average of 95% of list price and were under contract in an average of 171 days after being listed.

About the Villa Del Sol Condos on Hutchinson Island

Villa del Sol condos on Hutchinson Island in Jensen Beach

The Villa del Sol condominium on Hutchinson Island is the first set of condos north of the Jensen Beach Causeway in Saint Lucie County.  This complex was completed between 1970 and 1974 and includes 73 units of condos as well as townhouse style condos from 1 Bedroom, 1 Bath units of 540 sq. ft. of living area under AC up to 2 Bedroom, 2.5 Baths, 2 story units of 1,394 sq. ft.

Villa del Sol condos on Hutchinson Island in Jensen Beach

This is an oceanfront complex with a community pool, private beach access and manager on site.  1 large pet is permitted and the rental policy allows rentals of 30 days or greater.  As of this writing the condo fees are $455 per month.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Great location only a short drive to downtown Jensen Beach as well as within walking distance of shops on Hutchinson Island.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Click here for available Villa del Sol Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea Winds

Villa del Sol May 2017 Market Report

Harborage Yacht Club May 2017 Market Report

Harborage Yacht Club May 2017 Market Report

For May 2017 there are 15 active listings in the Harborage Yacht Club with list prices ranging from $135,000 up to $279,900 for an average list price of $177,715 which comes out to $146.49 per sq. ft. of living area.

There is only one condo under contract.  The list price was $199,000 or $168.36 per sq. ft. of living area with this condo going under contract 31 days after being listed.

In the past 12 months, 10 condos have sold.  Sales prices were from $92,000 up to $279,000 for an average sales price of $169,915 which equals $134.83 per sq. ft. of living area.  These condos sold on average at 93% of list price and took an average of 98 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida

Harborage Yacht Club in Stuart Florida
Harborage Yacht Club in Stuart Florida

Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.

The Harborage Yacht Club and Marina consists of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006.  Completely sold out at it’s unveiling, many units are currently available at deeply discounted prices.

Harborage Yacht Club in Stuart FloridaHarborage Yacht Club in Stuart FloridaThe marina consists of 150 deep water docks available for rent for both owners and visitors to the beautiful Treasure Coast. Amenities include a state of the art 3 story yacht club, with the exclusive Harbor Grille restaurant, a completely equipped professional fitness center with sauna and spa, infinity edge pool and spa, and much, much more.

Yacht club membership is included for all residents and limited memberships are available for non-residents at this time. Recent changes to the HOA fees have had a negative effect on sales in Harborage with the current fees exceeding $1,000 a month.  This includes a great many amenities and for the price of newer waterfront units it may just be worth it for the right buyer.

Search for available Condos in the Harborage Yacht Club