Windjammer Waterfront Condos December 2017 Market Report

Windjammer Waterfront Condos December 2017 Market Report

As of December 2017, there are 5 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $178,500 up to $229,900.  The average list price is $215,460 which equates to a price per square foot of living area of $180.91.

Currently, there are 2 condos under contract which has not sold as of this writing.  These condos were listed for $235,000 and $312,500 for an average list price of $273,750 or $229.85 per sq. ft. of living area and went under contract 108 days after it was listed.

In the past 12 months, 9 Windjammer Waterfront Condos have sold.  Sales prices ranged from $130,000 up to $300,000 for an average sales price of  $205,044 which equals $172.16 per sq. ft.  These condos sold for an average of 94% of the last list price and were on the market for an average of 130 days prior to accepting an offer.

Windjammer Waterfront Condos Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access.  There are 130 2 bedroom, 2 bathroom condos with porches.

Windjammer Waterfront Condos
Docks are deeded to the condos and are owned by the unit owners.  (Not every condo has an accompanying dock)  Dock sizes vary and go up to a 16′ beam and 40′ length.  Rentals are allowed with restrictions and 1 small pet is also allowed.
 Windjammer Waterfront Condos Windjammer Waterfront Condos

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Windjammer Waterfront Condos Homes for Sale in Palm City Florida

 

Windjammer Waterfront Condos December 2017 Market Report

Florida Townhouses and Condos October 2017 Market Report

Florida Townhouses and Condos October 2017 Market Report

The Florida Townhouses and Condos October 2017 Market Report showed stonger activity as compared to last year.  Closed sales were up by 2.2% as compared to last month’s decrease of 15.9% and new sales under contract (new pending sales) increased by 12.9% (In September there was a 32.7% decrease).

Prices continue to go up.  Median sales prices were up by 5.2% (was up by 8.1% in September), while the average sales price increased by 6.2% (was up 7.9% in September).

The inventory of active listings decreased by 3.4% from October of last year.  For October 2017 we have 5.6 months of inventory (was 5.5 months in September) and compared to 5.9 months for October 2016.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

October 2017 Florida Townhouses and Condos Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos October 2017 Market Report

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.

Florida Townhouses and Condos October 2017 Market Report

Hobe Sound FL 33455 Condo Market Report October 2017

Hobe Sound FL 33455 Condo Market Report October 2017

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

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

There are currently 13 active condo listings. (Decreased by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2017

8 Condos are pending and awaiting close. (Up by 5 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2017

1 Condos sold in October. (Unchanged from September)

 Hobe Sound FL 33455 Condo Market Report October 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory dropped this month while sales remained slow.  There was a good jump in pending sales which could have a positive impact on future closed sales.

The absorption rate for Hobe Sound condos was 13 months for October as compared to 17 months in September). 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 in 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 October 2016 numbers were: 6 active listings, 1 pending sales, and 1 closed sales.  Slightly higher activity this year as compared to last year.

Hobe Sound FL 33455 Condo Market Report October 2017

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

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2017

Palm City FL 34990 Condo Market Report October 2017

Palm City FL 34990 Condo Market Report October 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2017

For October 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 75 active condo listings. (Increased by 7 condos from September)

   Palm City FL 34990 Condo Market Report October 2017

11 Condo sales are pending and awaiting close or lender approval. (Up by 4 condos from last month)

Palm City FL 34990 Condo Market Report October 2017

2 Condos Sold in October. (Down by 1 condos from July)

Palm City FL 34990 Condo Market Report October 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity dropped for Palm City condos and this segment remains a difficult one for sellers.  (Though a good part of this difficulty comes from two equity golf club communities.)

The current absorption rate for condos in the 34990 zip code area jumped to 37.5 months (was 22.7 months in July).  Now in an extreme buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The October 2016 numbers were: 76 active listings, 9 pending sales and 5 closed sales.   Better activity last year.
Palm City FL 34990 Condo Market Report October 2017
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report October 2017

Stuart FL 34997 Condo Market Report October 2017

Stuart FL 34997 Condo Market Report October 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2017

For October 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 53 active condo listings (Increased by 4 condos from September).

Stuart FL 34997 Condo Market Report October 2017

25 Condo sales are pending and awaiting close or lender approval (Increased by 7 condos from September).

Stuart FL 34997 Condo Market Report October 2017

10 Condos Sold in October (Decreased by 3 condos from September).

Stuart FL 34997 Condo Market Report October 2017

     The Stuart FL condo market for zip code 34997 continues to show strong activity even with a decrease in closed sales for the past two months.  This decrease may be attributed to Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that have continued.
     The absorption rate increased to 5.3 months in October compared to 3.8 months for September.  Still in a seller’s market for the 34997 zip code of Stuart FL.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The October 2016 numbers were: 72 active listings, 27 pending sales, and 6 closed sales.  Better closed sales this year even with a lower inventory of available condos.

Stuart FL 34997 Condo Market Report October 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report October 2017