June 2017 Market Update for Ballantrae

June 2017 Market Update for Ballantrae

For June 2017 there are 17 active listings in the Ballantrae community in the Sandpiper section of Port St Lucie, FL.  List prices range from $199,900 up to $1,675,000 for an average list price of $499,112 which equals $184.43 per sq. ft. of living area.

There are 3 homes under contract which have not closed to date.  List prices were from $194,900 to $389,900 which averages to $263,267 or $127.55 per sq. ft. of living area.  These homes averaged 149 days on market before going under contract.

In the past 12 months, there have been 35 home sales.  Sales prices ranged from a low of $185,000 up to $1,200,000 for an average sales price of $378,097 or $145.89 per sq. ft. of living area.  Listings stayed on the market for an average of 87 days and sold at a 94% list to sales price ratio.

About Ballantrae in Port St. Lucie:

Ballantrae in Port St. Lucie

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. We’re on the North Fork of the Saint Lucie River with direct access to the South Fork of the river which leads to Lake Okeechobee and the Gulf of Mexico. In addition, the Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river.

Ballantrae in Port St. Lucie

Ballantrae in Port St. Lucie

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course of masterful design that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

Ballantrae in Port St. Lucie Ballantrae in Port St. Lucie

In addition to golf and boating, we offer tennis, swimming, fishing, and a Homeowners Community Clubhouse which is the center of many community activities.

View our slideshow of Ballantrae

Search for Ballantrae Homes for Sale

New Victoria Parc Home in Tradition Sold

New Victoria Parc Home in Tradition Sold

Victoria Parc Home in Tradition

A Victoria Parc home in Tradition built for the buyer represented by Gabe Sanders, Stuart FL Real Estate, by D. R. Horton and should be ready in the early spring.  This is an Alpine model and was customized expressly for this for the mew owner.  Featuring  3 bedrooms, 2 bathrooms and office with a 2 car attached garage of approximately 1,550 sq. ft. of living area overlooking a pond in the backyard.

Victoria Parc Home in Tradition

Victoria Parc is a wonderful community that is part of the Tradition Master-Planned community, located in the heart of one of America’s fastest growing regions, Port St. Lucie, in St. Lucie County – within Florida’s Treasure Coast.

Victoria Parc at Tradition Home Under Contract

Downtown Tradition is just a bike ride or afternoon stroll away when you live in Victoria Parc. Not far from shops and restaurants, Victoria Parc at Tradition in Port St. Lucie offers a selection of single family residences. Tradition offers friendly neighborhoods, dog Parcs, schools, churches, walking paths, community lakes, community center, centralized shopping and dining and a sense of community. Visit the master community website at www.traditionfl.com for more community information.

Victoria Parc Home in Tradition

For more information about Victoria Parc and the Tradition area of Port St. Lucie please call Gabe Sanders at 772-232-5966

Tesoro Golf Club Home Sold

Tesoro Golf Club Home Sold

146 SE Rio Angelica in the Tesoro Golf Club community of Port St. Lucie has been sold.  The buyer of this estate home was represented by Gabe Sanders, Stuart FL Real Estate.

Tesoro Club in Port St. Lucie

A custom designed and built Tesoro Golf Club home in immaculate condition. Dramatic private water and golf views are yours from this 2011 built executive’s homes with 26 ft. high ceilings in the foyer and living room. The Living room has a natural gas fireplace and has 2 stories of windows that let in the bright Florida sunshine. Custom ceiling detailing is found in the dining room, master suite, office and main guest bedroom. The home has fiber optic wiring for cable and high speed Internet. The solid wood cabinets found in the kitchen with granite counter tops are a chef’s delight, especially since the cooktop and water heaters in this home are fueled by natural gas. This home does not require a mandatory Tesoro Golf Club membership, though it is available for those with an interest.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

About the Tesoro Club in Port St. Lucie:

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson Signature course.  The Tesoro Club is an official PGA Tour host.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

The centerpiece of the Tesoro Club is a 100,000 plus square foot three story clubhouse overlooking a 120-acre lake.  This full-service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

In addition to the world-class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full-time ATP Tennis Director offering lessons, clinics, and a full-service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro Club in Port St. Lucie

For those needing more pampering, there’s a full-service spa and salon on premises.

Tesoro Club in Port St. Lucie

And, if you don’t feel like cooking the dining room at the Tesoro Club has a menu that is sure to please.

Tesoro Club in Port St. Lucie

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one-quarter acre lots.

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available resale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

St Lucie County Townhouses and Condos April 2017 Market Detail

St Lucie County Townhouses and Condos April 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for April 2017 showed weaker sales activity when compared to last April.  Closed sales were down by 11.2% from last year (were up by 16.1% in March) while new pending sales decreased by 10.0% (was down by 11.2% in March).

Values, however, continue to rise at surprising rates with the median price up by 35.0% (was up by 28.0% in March) while the average sales price increased by 19.6% (was up by 13.3% in March).  I’ve been expecting prices to moderate for some time so these increases continue to be quite unexpected.

The inventory of available townhouses and condos decreased by 1 unit from last month to 568 units, which is 11.4% less than April 2016. The current supply is 6.0 months, which is 7.7% lower than the 6.5 months of inventory last year.  The St Lucie County townhouses and condos market remains in a balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos April 2017 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos April 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Townhouses and Condos April 2017 Market Detail

St Lucie County Single Family Homes April 2017 Market Detail

St Lucie County Single Family Homes April 2017 Market Detail

St Lucie County Single Family Homes Market Detail for April 2017showed weaker sales activity when compared to last April. Closed sales were down by 0.6% (in March they were up by 11.6%) and new sales under contract (new pending sales) decreased by 5.5% (they were up by 4.4% last month).

Prices, however, continue to show increases.  The median and average sales prices up by 14.3% and 7.0% respectively from last April (For March these numbers were up 15.7% and 14.9%).  I expect the rate of price increases to moderate some in the future, possibly even dip slightly.

Active listings decreased by 90 homes down to 1,650 homes.  This inventory is 3.4% lower than last year.  The current supply of homes is at 3.7 months (was 3.9 months for March)  This is 5.1% lower than last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes April 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes April 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Single Family Homes April 2017 Market Detail