Gull Harbor February 2018 Market Report

Gull Harbor February 2018 Market Report

There is currently 1 home for sale in Gull Harbor in Palm City FL.  This home is listed for $434,900 or $193.12 per sq. ft. of living area.

Currently, there are no homes under contract in this community.

In the past 12 months, there hve been 2 sales in Gull Harbor.  These homes sold for $530,000 and $679,950 which equals an average sales price of $604,975 and works out to $284.42 per sq. ft. of living area.  These sales prices were 98% of the last list price and these homes averaged 141 days on the market before going under contract.

About Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

Stuart Florida 34994 Residential Market Report January 2018

Stuart Florida 34994 Residential Market Report January 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for January 2018

For January 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 86 active listings (Down by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

38 Residential sales are pending and awaiting close or lender approval (Increased by 17 homes from last month).

Stuart Florida 34994 Residential Market Report January 2018

11 Homes Sold in December (Decreased by 3 homes from December)

Stuart Florida 34994 Residential Market Report January 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues to gain inventory while sales are not keeping up with this increased volume of available homes for sale.  I expect this to abate as we have a strong volume of pending sales.

The one-month absorption rate for the 34994 zip code for December rose to 7.8 months from 6.4 months for December.  Entering into a buyer’s market for the 34994 zip code area of Stuart, FL.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The January 2017 numbers were 74 Active Listings, 22 pending sales, and 7 closed sales.  Considerably stronger activity this January with a greater inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report January 2018

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Stuart Florida 34994 Residential Real Estate Market Report January 2018

Four Winds on the River Condo February 2018 Market Report

Four Winds on the River Condo February 2018 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

One condo is under contract at this time.  It was listed for $235,000 or $172.92 per sq. ft. of living area.

In the past 12 months, 3 condos has sold in Four Winds.  These condos sold for prices ranging from $232,000
up to $249,000 for an average sales price of $237,667 which works out to $175.29 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 8 days before going under contract.

About Four Winds on the River in Stuart FL:

Four Winds on the River Condo in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL, Four Winds on the River was built in 1981 and has seen some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered car ports for each condo along with ample guest parking.  This is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate Four Winds on the River real estate

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Four Winds on the River Condo February 2018 Market Report

Sewalls Point Single Family Market Report January 2018

Sewalls Point Single Family Market Report January 2018

Sewalls Point Real Estate Snapshot, Residential Sales for January 2018

 

There are currently 50 active listings (Up by 4 homes from last month)

Sewalls Point Single Family Market Report Januar

10 home sales are pending and awaiting close or lender approval (Decreased by 3 homes from December)

Sewalls Point Single Family Market Report Januar

6 Homes sold in June (Increased by 3 homes sales from December)

Sewalls Point Single Family Market Report Januar

The single-family real estate market in Sewalls Point rebounded some from a weak December.  The inventory of available homes continues to be an issue being at very low levels.

The absorption rate dropped to 8.3 months, in December was 15.3 months.  Still, a buyer’s market for Sewalls Point single-family homes, though trending in the right direction.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2016, the inventory was 67 homes on the market, 11 pending sales and there were 4 closed sales.  Better activity this year even though there’s less inventory.

Sewalls Point Single Family Market Report Januar

 Search below for Sewalls Point Florida Real Estate for Sale

 

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Sewalls Point Single Family Market Report January 2018

 

Gabe’s February 2018 Housing Trends eNewsletter

Housingtrends eNewsletter 4

Gabe’s February 2018 Housing Trends eNewsletter

Welcome to our current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view Gabe’s February 2018 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.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

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

http://martincountyflorida.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

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 may 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 February 2018 Housing Trends eNewsletter

Gabe’s February 2018 Housing Trends eNewsletter