Hobe Sound FL 33455 Condo Market Report March 2017

Hobe Sound FL 33455 Condo Market Report March 2017

 

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

 

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

 

There are currently 16 active condo listings. (Increased by 3 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2017

4 Condo is pending and awaiting close. (Down by 2 pending condos from February)

Hobe Sound FL 33455 Condo Market Report March 2017

4 Condos sold in March. (Increased by 2 closed sales from February)

 Hobe Sound FL 33455 Condo Market Report March 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  There continues to be solid activity, though with such small numbers, trends are difficult to analyze.

The absorption rate for Hobe Sound condos decreased to 4.0 months for March (was 6.5 in February).  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 March 2016 numbers were: 5 active listings, 7 pending sales and 3 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 March 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach FL 34957 Condo Market Report March 2017

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2017

 

For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 129 active listings. (Increased by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

25 Condos Sold (Up by 6 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2017

 The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report March 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Village of Stuart Condos April 2017 Market Report

Village of Stuart Condos April 2017 Market Report

For April 2017 there are 3 condos for sale in the Village of Stuart.  These condos were listed from $135,000 up to $143,315 for an average list price of $138,072 which is $115.06 per sq. ft. of living area.

There is one condo currently under contract.  The list price was $115,000 or $95.83 per sq. ft. of living area.  This condo went under contract 19 days after being listed.

In the past 12 months, 9 condos have been sold.  Sales prices ranged from a low of $75,200 up to $153,000 for an average sales price of $121,122 which equals $95.70 per sq. ft. of living area.  These condos sold for an average of 98% of the listing price and were on the market for an average of 25 days before going under contract.

About the Village of Stuart Condos:

     Village of Stuart Condos

This condo community located off Indian Street and Aster Lane in Stuart FL was built in 1982 and 1983 and features 144 condos in 18 two story buildings.  All of these condos are 2 bedroom, 2 bathroom units with 1,200 sq. ft. of living area and all buildings have 4 units upstairs and another four on the first floor.

Village of Stuart Condos

Amenities include a community pool and tennis court. And, as of April 2017 the condo fee is $265 per month.  This fee includes exterior maintenance and insurance as well as the management fees and maintenance of all common areas as well as trash pickup and water and sewer.  The Village of Stuart is pet friendly and allows up to two medium sized pets per unit and also allows rentals with restrictions on duration and frequency.

Village of Stuart Condos Village of Stuart Condos

All ages are welcome in this community.  Children currently attend J. D. Parker Elementary School, Dr. David L. Anderson Middle School and Martin County High School.

Village of Stuart Condos Village of Stuart Condos

This community is located just west of US-1 (Federal Hwy.) and has easy and quick access to shopping, restaurants and the beaches and also only a few minutes away to I-95 for those commuting from either north or south.

Click here for any available condos for sale in the Village of Stuart

Hutchinson House April 2017 Market Report

 Hutchinson House April 2017 Market Report

Hutchinson House Condos for Sale and Sold ReportAs of April 2017, there are 3 condos on the market in Hutchinson House on Hutchinson Island in Stuart FL.  These condos have listing prices from $349,900 up to $529,000 for an average list price of $409,633 or $318.61 per sq. ft. of living area.

There are no condos currently under contract.

9 condos have sold in the past 12 months in Hutchinson House.  Sales prices ranged from $218,000 to $495,000 for an average of $294,722 or $231.68 per sq. ft. of living area.  These condos sold for 95% of the last list price and averaged 45 days on market prior to going under contract.Hutchinson House Condos for Sale and Sold Report Hutchinson House Condos for Sale and Sold ReportLocated on Hutchinson Island in uncrowded and unspoiled Martin County, the Hutchinson House Condo complex is an ocean to Intracoastal complex with a variety of styles and views offering wonderful amenities that include ocean access docks, club house, pools, spa/jacuzzi, tennis and a private beach.

Hutchinson House Condos for Sale and Sold ReportHutchinson House consists of 121 Condos, with the Ocean Side being Hutchinson House East and the river side is called Hutchinson House West.  Both sides offer 2 and 3 bedroom condos with 2 or more bathrooms.  Many with spectacular views of the river and the crystal clear blue waters of the Atlantic Ocean.

Hutchinson House Condos for Sale and Sold ReportThe Hutchinson House condos are one of the few condo developments that is pet friendly and allows for up to 2 large pets.  For currently available Hutchinson House condos please call or view the search link below.

 

 

 

 

 

 

Maritimes April 2017 Market Report

Maritimes April 2017 Market Report

As of April 2017, there are 2 condos on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL.  The list prices are $$299,900 and $409,990 for an average list price of $354,945 which equals $249.29 per sq. ft. of living area.

There are 3 Maritimes condos currently under contract.  List prices ranged from a low of $280,000 up to a high of $549,000 for an average that equals $404,667 that works out to $252.50.  These condos were on the market for an average of 28 days before going under contract.

There has been only 1 condo sold in the past 12 months in the Maritimes.  The sales price was $600,000 which is  $283.55 per sq. ft. of living area and this condo sold for 97% of the listed price and was on the market for 532 days before going under contract.

About the Maritimes on Hutchinson Island

Maritime Condos and Townhomes on Hutchinson Island

Entrance to the Maritimes

 

Maritime Condos and Townhomes on Hutchinson Island

Beach Access at the Maritimes

The Maritimes is one of the prime ocean to river communities on South Hutchinson Island in Stuart, FL.  Offering larger than normal homes on both the river and Oceanside settings.  The riverside (or Maritimes West has a lovely private sand beach with kayak storage for those not wishing to play in the surf or for those days when the it’s a bit windy on the beach side.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

 

Maritime Condos and Townhomes on Hutchinson Island

Docks of the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Views from the Maritimes

The Maritimes condos were constructed between 1975 and 1988.  With the oceanfront units being built first.  Living square footage range from just under 1300 sq. ft. 2 Bedroom condos to over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.

Maritime Condos and Townhomes on Hutchinson Island

Kayak Storage at the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

River views from the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Tennis Court of the Maritimes


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Hutchinson Island Real Estate is presented by:
the Gabe Sanders real estate team

Maritimes April 2017 Market Report