Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

 

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

 

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



There are currently 129 active listings. (Increased by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

25 Condos Sold (Up by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

 The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 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 March 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

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

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

 There are currently 203 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2017

82 Residential sales are pending and awaiting close or lender approval. (Down by 14 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2017

58 Homes Sold (Up by 31 homes sale from February)

Jensen Beach FL 34957 Residential Market Report March 2017

The Jensen Beach FL 34957 Residential Market showed a very strong month for closed sales.  Pending sales dropped  a little but continue to be strong along with good inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.5 months ( was 7 months in February).  A very strong sellers market for March.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2016 numbers were: 124 active listings, 66 pending sales and 29 home sales closed.  Considerably greater inventory this year with a corresponding increase in both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report March 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 March 2017

Fairwinds Cove Condos in Jensen Beach April 2017 Market Update

Fairwinds Cove Condos in Jensen Beach April 2017 Market Update

Fairwinds Cove Condos in Jensen Beach, FL., Market Update for April 2017:


There are currently no active listings on the market in Fairwinds Cove on Hutchinson Island in Jensen Beach for April 2017.

There are also no condos currently under contract at this time.

In the past 12 months, 7 condos have sold ranging in sales prices from $159,900 to $203,000 with an average sales price of $180,486 which is $157.71 per square foot and a list to sales price ratio of 92%.   These condos averaged 49 days on market before going under contract.

Fairwinds Cove Condos in Jensen Beach

Aerial View of Fairwinds Cove

Fairwinds Cove Condos in Jensen Beach

Entrance to Fairwinds Cove

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).
Fairwinds Cove Condos in Jensen Beach

Pool at Fairwinds Cove

Fairwinds Cove Condos in Jensen Beach

Docks of Fairwinds Cove

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with full kitchen, meeting room, fitness room, billiards and more.  Fairwinds Cove also has deeded docks with great access to fishing, water sports and only a few minutes to the crystal clear waters of the Atlantic Ocean.

Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove

Fairwinds Cove is a non-age restricted community that allows one small pet.  There is a strong sense of community with many long time seasonal and full time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach  as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove Condos in Jensen Beach

Fitness Room of Fairwinds Cove

Pinecrest Lakes Jensen Beach 4 BR Home for Lease

Pinecrest Lakes in Jensen Beach FL 4 BR Home for Lease

A newer (2014) 4 Bedroom plus den, 3 bathroom and 3 car garage is available for lease beginning May 2017 for $3,250 per month.

Pinecrest Lakes Home for Lease

A newer (2014) D. R. Horton Biscayne model 4 Bedroom, 3 bathroom plus den/office and a 3 car garage home is available for an annual lease in the desirable Pinecrest Lakes community of Jensen Beach.  This home features granite counter-tops, stainless steel appliances, solid concrete block construction with many desirable features.  Wonderfully located close to the Jensen Beach High School, Treasure Coast Mall, Restaurants and only two miles to the Intracoastal and then the pristine beaches of the Atlantic Ocean.

Pinecrest Lakes in Jensen Beach Pinecrest Lakes in Jensen Beach

About Pinecrest Lakes Homes in Jensen Beach FL

Pinecrest Lakes in Jensen Beach, Florida was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area.  Consequently this community has a distinctive feel and flavor.  All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots.  None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes in Jensen Beach Pinecrest Lakes in Jensen Beach

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway.  Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water.  Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes in Jensen Beach Pinecrest Lakes in Jensen Beach

Pinecrest Lakes is located in Martin County‘s “A” rated school district.  The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students.  Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes in Jensen Beach Pinecrest Lakes in Jensen Beach

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

Pinecrest Lakes in Jensen Beach

All ages and pets are welcome in Pinecrest Lakes.  HOA fees (as of April 2017) are only $67.00 a month and include maintenance and reserve funds for all of the common areas in this community.

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Vista del Lago Unit 3107 Sold

Vista del Lago Unit 3107 Sold

Vista del Lago Condos

Now under contract, unit 3107 in Vista del Lago has sold for $85,000 and the buyer was introduced to this well maintained condo by Gabe Sanders – Stuart FL Real estate.

Vista del Lago Condos Vista del Lago Condos

55+ active adult community of Vista del Lago located north of Roosevelt Bridge. Convenient location to downtown Stuart, Jensen beach mall and beaches on Hutchinson island. Partially furnished 2 bedroom, 2 bath, 1014 sf, first floor corner unit with full hurricane protection. Glass enclosed porch, entire unit is tiled except for guest bedroom, light and bright. Parking spot is right outside the door! Amenities include: club house, pool, billiards, shuffleboard, barbecue grills, library, large gathering room for parties and well maintained landscaping.

Vista del Lago Condos Vista del Lago Condos

About the Vista del Lago Condominiums:

Vista del Lago

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart.  This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach.  Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago condos were first built in 1974 and the last one was completed in 1979.   All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1 bedroom units.  Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista del Lago and this is an age restricted (55+) community.  The HOA fees as of March 2017 were from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

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