Florida Townhouses and Condos 2017 1’st Quarter Report

Quarterly Market Report for Florida Townhouses and Condos

1’st Quarter 2017

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 1’st Quarter 2017.

Florida Townhouses and Condos 2017 1'st Quarter Report

Continued strong growth for the quarter as compared to one year ago with prices continuing their rise, though at a bit of a more moderate pace.  The inventory remained unchanged and we are still in a balanced market.

View the entire set of data at GabeSanders.com

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

Florida Single Family Homes 2017 1’st Quarter Report

Quarterly Market Report for Florida Single Family Homes

1’st Quarter 2017

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 1’st Quarter 2017.

Florida Single Family Homes 2017 1'st Quarter Report

Positive results in sales volume for the 1’st Quarter 2017 and the prices continue to rise. Still a strong sellers’ market for Florida single family homes.

View the entire set of data at GabeSanders.com

River Landing May 2017 Market Report Palm City FL

River Landing May 2017 Market Report Palm City FL

As of May 2017, there are no homes currently on the market in River Landing.

2 Homes are under contract and awaiting settlement.  These two homes were listed for$350,000 and $389,000 for an average list price of $369,500 which is $165.76 per sq. ft. of living area,

In the past 12 months, 2 homes have sold in River Landing.  Sales prices were $370,000 and $415,000 for an average of  $392,500 which equals $103.75 per sq. ft. of living area. These homes sold for an average of 97% of the last list price and took an average of 72 days on market until going under contract. 

Entrance to River Landing in Palm City Florida
One of the little-known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing, the last one was built in 2007.  Both one and two story homes on generous sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air conditioned space.  Low HOA fees of $142 per month include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts, and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older Reportd homes, and mostly spacious with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment and fantastic local restaurants!

Search here for:

River Landing Homes for Sale in Palm City Florida

River Landing May 2017 Market Report Palm City FL

Hobe Sound FL 33455 Condo Market Report April 2017

Hobe Sound FL 33455 Condo Market Report April 2017

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for April 2017

 

For April 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 15 active condo listings. (Decreased by 1 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2017

6 Condos are pending and awaiting close. (Up by 2 pending condos from March)

Hobe Sound FL 33455 Condo Market Report April 2017

4 Condos sold in April. (Unchanged from March)

 Hobe Sound FL 33455 Condo Market Report April 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales and pending sales are doing well and the inventory is returning to more normal levels from last year’s extremely low numbers.

The absorption rate for Hobe Sound condos decreased to 3.8 months for April (was 4.0 in March).  A sellers’ market for Hobe Sound condos. Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The April 2016 numbers were: 5 active listings, 6 pending sales and 4 closed sales.  Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report April 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report April 2017