River Pines Townhouses November 2017 Market Report

River Pines Townhouses November 2017 Market Report

As of November 2017, there are 6 active listings for River Pines townhouses for sale in Stuart, FL.  Prices range from a low of $147,500 up to $159,750 which equals to an average list price of $153,342 or $115.06 per sq. ft. of living area.

There are 5 River Pines town homes under contract awaiting sale.  List prices are from $138,500 up to $174,900 for an average list price of $151,840 or $113.05 per sq. ft. of living area.  These properties averaged 122 days on the market prior to going under contract.

In the past 12 months, 23 townhouses have sold in River Pines with sales prices ranging from$129,900 to $165,000 which equals to an average sales price of $144,689 or $112.29 per sq. ft. of living area.  These townhomes have been on the market for an average of 66 days prior to going under contract and sold for 98% of the last list price.

About River Pines in Stuart FL:River Pines Townhomes

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes.   This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines in Stuart FL

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines in Stuart FL

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines in Stuart FL

As of November 2017, HOA fees were $167 per month.

River Pines in Stuart FL

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River Pines Townhouses November 2017 Market Report

Gabe’s November 2017 Housing Trends eNewsletter

Housingtrends eNewsletter 4

Gabe’s November 2017 Housing Trends eNewsletter

Here’s the link to my November Housing Trends eNewsletter.  The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

It also includes press releases with charts and videos, key market indicators and real estate sales and price statistics, a video message by a nationally recognized economist, maps, mortgage rates and calculators, consumer articles, plus local neighborhood information and more.

If you are interested in determining the value of your home, click the “Your Home Value” link for a free evaluation report.

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you have and to the opportunity to be your REALTOR® in the future.

This housing trends newsletter is updated monthly and I’ll post a notice here when the latest version is online. (Click on the image below to view the newsletter)

Gabe's November 2017 Housing Trends eNewsletter

November 2017 Housing Trends eNewsletter

Riverbend at IRP November 2017 Market Report

Riverbend at IRP November 2017 Market Report

In November of 2017, there is only 1 condo for sale in the Riverbend community of Indian River Plantation.  This condo has a list price of $424,000 or $282.67 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 6 condos have sold.  Sales prices ranged from $320,000 up to $480,000 for an average sales price of $395,167 which equals $251.29 per sq. ft.  These units sold for an average of 96% of list price and averaged 191 days on market prior to going under contract.

About Riverbend in Indian River Plantation

Riverbend in Indian River Plantation

The Riverbend condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of five three story elevator buildings close to the Marriott Resort and full service marina in Indian River Plantation. These units were built between 198 and 1989 with many condos having magnificent wide water views of the Intracoastal Waterway also knows as the Indian River and others with sweeping views of the Indian River Plantation Golf Course and lakes.

aerial 2 Riverbend in Indian River Plantation

There are 86 spacious condos with a mix of three bedroom, three bathroom condos of 1,950 sq. ft. and two bedroom two bath condos ranging in size from 1,366 or 1,735 sq. ft. of living area. This is a pet friendly building with up to two large pets permitted. Riverbend residents enjoy their own community pool for Riverbend resident’s exclusive use. Covered parking is also a plus with either under building parking or private detached garages.

Riverbend in Indian River Plantation Riverbend in Indian River Plantation

Current condo and management fees are from $1,560 to 1,890 per quarter depending on the size of the condo.

Riverbend in Indian River Plantation Riverbend in Indian River Plantation

Click here to view available Riverbend Condos for Sale

 

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Riverbend in Indian River Plantation Riverbend in Indian River Plantation

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

Riverbend in Indian River Plantation Riverbend in Indian River Plantation

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

views 3 Riverbend in Indian River Plantation

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

Search Hutchinson Island Homes For Sale

Individual Indian River Plantation Condos you may wish to consider: 
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas,Plantation House, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove  Beachwood Villas  Buttonwood  Dune Condominium  Fairwinds Cove  Green Turtle Cove  Hutchinson House Indian River Plantation Condos  Islander 12  Jensen Beach Club  Little Ocean Club  Little Ocean Place  Maritimes  Ocean View Sailfish Point  Sandpebble  Seaside  Suntide

Riverbend at IRP November 2017 Market Report

 

 

 

Stuart FL 34996 Residential Market Report October 2017

Stuart FL 34996 Residential Market Report October 2017

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2017

For October 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 129 active listings (Unchanged from September).

Stuart FL 34996 Residential Market Report October 2017

30 Residential sales are pending and awaiting close or lender approval (Up by 11 homes from September).

Stuart FL 34996 Residential Market Report October 2017

5 Homes Sold in October (Decreased by 1 homes from September).

Stuart FL 34996 Residential Market Report October 2017

The 34996 zip code area of the Stuart Florida residential real estate rebounded some for October mostly with strong pending sales.  Closed sales remain weak.  Much of this may be attributed to Hurricane Irma which shut down real estate for a little over a week last month.  Some of October’s activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that have continued.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October jumped to 25.8 months as compared to September’s 65 months.  Still a strong buyer’s market for the 34996 zip code area of Stuart FL but trending in the right direction.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October of 2016 were: 174 active listings, 25 pending sales, and 15 closed sales.  Considerably better closed activity from last year but with a much larger inventory.

Stuart FL 34996 Residential Market Report October 2017

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report October 2017

Island Club Condos November 2017 Market Report

Island Club Condos November 2017 Market Report

In late November 2017 there were no condos available for sale in the Island Club on Hutchinson Island which is also sometimes called the Hutchinson Island Club.

There are also no condos currently under contract.

In the past 12 months, 8 condos have sold.  Sales prices ranged from $232,000 up to $560,000 for an average sales price of $334,625 which is equal to $209.98 per sq. ft.  These units sold for an average of 96% of list price and averaged 62 days on market prior to going under contract.

About the Island Club Condos in Jensen Beach FL:

Island Club Condos on Hutchinson Island in Jensen Beach

The Island Club Condos of Jensen Beach are also known as the Hutchinson Island Club.  This one of a kind condo building was built in 1977 just to the south of the Waveland Public beach on Saint Lucie County to the north of the Jensen Beach Causeway. There are 92 residences in this 11 story building.

Island Club Condos on Hutchinson Island in Jensen Beach Island Club Condos on Hutchinson Island in Jensen Beach

The Island Club is unique because it features spectacular ocean views from floor to ceiling windows in all units.  All of these condos are also considerably larger than your average oceanfront offering with a number of 2 story 3 bedroom plus den, 3 bathroom condos of 2,524 sq. ft. not including the balconies as well as roomy 2 bedroom, 2 bath condos with 1,452 sq. ft. of living area. Some units have a detached one car garage.  Though there is reserved parking and ample guest parking for all.

Island Club Condos on Hutchinson Island in Jensen Beach Island Club Condos on Hutchinson Island in Jensen Beach

Amenities in the Island Club are a heated a pool, Jacuzzi, fitness room, kitchen, social area, billiard room, library, bar, BBQ grills, gazebo, sauna and shuffleboard courts.  All of this for just over $600 a month condo fees plus some for larger units and those that come with a one car garage.

Island Club Condos on Hutchinson Island in Jensen Beach Island Club Condos on Hutchinson Island in Jensen Beach

Sorry, no pets are permitted in the Island Club, but rentals are allowed with some restrictions.

Island Club Condos on Hutchinson Island in Jensen Beach Island Club Condos on Hutchinson Island in Jensen Beach

If you’re in the market for unparalleled views from a spacious home on the ocean, the Hutchinson Island Club may be the perfect spot for you.

Click here for currently available Island Club Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral  Atlantis  Claridge  Dune Walk  Empress  Island Crest  Island Dunes  Islandia  Miramar  Miramar Royale  Ocean Dunes  Oceana North  Oceana Oceanfront  Oceana South  Ocean Towers  Oceanrise  – Ocean Bay Villas  Princess –  Regency Sand Dollar Shores  Sea Winds  Villa del Sol

Island Club Condos November 2017 Market Report