Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound FL 33455 Condo Market Report May 2017

 

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

 

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

 

There are currently 16 active condo listings. (Increased by 1 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2017

5 Condos are pending and awaiting close. (Down by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2017

2 Condos sold in May. (Decreased by 2 condos from April)

 Hobe Sound FL 33455 Condo Market Report May 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Closed sales were off for this month, but overall the market activity is still very good.

The absorption rate for Hobe Sound condos decreased to 8 months for May (was 3.8 in April).  Back into a buyers’ 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 May 2016 numbers were: 5 active listings, 7 pending sales and 0 closed sales.  Better activity this year as the inventory has just about tripled.

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

Jensen Beach FL 34957 Condo Market Report May 2017

 

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

 

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



There are currently 122 active listings. (Decreased by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

44 Condo sales are pending and awaiting settlement. (Down by 4 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

28 Condos Sold (Down by 13 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2017

 The Jensen Beach FL 34957 Condo Market Report for Mayshows a continuing active market though we did have declines in all measured parameters for the month of May 2017.

The one month absorption rate for the May 2017, Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.4 months (from 3.3 months in April), still a seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2016 numbers were: 26 active listings, 11 pending sales and 3 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 May 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2017

Carriage Hill Condos June 2017 Market Report

Carriage Hill Condos of Palm Cove June 2017 Market Report

There is one Carriage Hill condo available to purchase in the Palm Cove Golf and Yacht Club in Palm City, FL.  This condo is listed for $265,000 or $135.90 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, only one condo has been sold.  The sales price was $205,000 which is $128.13 per sq. ft. of living area.  This condo was on the market for 359 days before going under contract and sold for 91% of list price.

About the Carriage Hill Condos of Palm Cove

Carriage Hill Condos of Palm Cove

 There are only 14 exclusive condos in the Carriage Hill section of the Palm Cove Golf and Yacht Club.  There are two buildings.  The first was built in 1991 and consists of both 3 bedroom and 2 bedroom units with from 1,700 sq. ft. of living area up to 2,300.  The newest building was built in 2004 and is called the Links at Palm Cove with only four units with both 3 bedroom and 2 bedroom condos of 1,600 to 2,200 sq. ft. of living area.  All of these condos have covered parking in the form of either attached or detached garages.

Carriage Hill Condos of Palm Cove Carriage Hill Condos of Palm Cove

Conveniently located adjacent to the tennis courts and the golf course with many units having both golf and lake views.  Only a short walk to the magnificent full-service clubhouse and pool as well as access to the community docks with deep water dockage for vessels up to 70’.

Carriage Hill Condos of Palm Cove Carriage Hill Condos of Palm Cove

These are the only condos in the Palm Cove Golf and Yacht Club with all other residences either single family homes or townhouses located on Island Creek Trail.

Carriage Hill Condos of Palm Cove Carriage Hill Condos of Palm Cove

Maintenance fees for the Carriage Hill Condos of Palm Cove as of this writing (June 2017) are approximately $700 to $900 a month depending on size and location.  Since these homes are condos, these fees include building insurance as well as exterior and roof maintenance as well as all the common areas and clubhouse membership.

You can use this link to search for any available listings in the Carriage Hill Condos of Palm Cove

Dune Walk on Hutchinson Island June 2017 Market Report

Dune Walk on Hutchinson Island June 2017 Market Report

There were 3 condos available for sale in Dune Walk in June 2017 on Hutchinson Island in Jensen Beach Florida.  List prices are from $220,000 up to $299,000 for an average list price of $256,000 which is $260.16 per sq. ft. of living area.

There is one condo currently under contract.  This condo was listed for $249,900 which equals $231.39 per sq. ft. of living area.  This condo was on the market for 64 days before accepting the current offer.

In the past 12 months, 6 condos have sold in Dune Walk.  Sales prices ranged from $189,000 up to $300,000 for an average sales price of $246,000 which works out to $243.80 per sq. ft. of living area.  These condos averaged 141 days on market before going under contract and sold for an average of 94% of list price.

About the Dune Walk Condos in Jensen Beach FL:

Dune Walk Condos in Jensen Beach FL

The Dune Walk Condos of Jensen Beach on Hutchinson Island are the two northernmost oceanfront condos on Hutchinson Island in Jensen Beach.  These two buildings were completed in 1983 and contain 104 two bedroom, 2 bathroom condos with either 1,044 or 984 sq. ft. of living area under AC.

Dune Walk Condos in Jensen Beach FL Dune Walk Condos in Jensen Beach FL

The Dune Walk Condo feature community amenities of a clubhouse with a full kitchen, exercise room and TV room, pool, BBQ grill, and is a gated with a full security system and on-site manager.   The current condo fees (June 2017) are under $397.00 a month.

 Dune Walk Condos in Jensen Beach FL Dune Walk Condos in Jensen Beach FL

One small pet and rentals with a one-month minimum stay are allowed.  For those looking for a private oceanfront retreat, the Dune Walk condos might be the right fit.

Click here to search for available Dune Walk Condos in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Seascape in Rocky Point June 2017 Market Report

Seascape Condos in Rocky Point June 2017 Market Report

There are two condos available to purchase in June 2017.  List prices are $122,000 and $179,000 for an average list price of $150,500 which equals $97.62 per sq. ft. of living area.

There aren’t any condos currently under contract.

In the past 12 months, 4 Seascape condos have sold.  Sales prices ranged from $90,000 up to $190,000 for an average sales price of  $137,250 which works out to $107.19 per sq. ft. of living area.  These condos were on the market for an average of 39 days before they went under contract and sold for an average of 97% of the list price.

About Seascape Condos in Rocky Point in Stuart FL:

Seascape Condos in Rocky Point in Stuart FL

A complex of 46 condos built from 1985 to 1988 in a very private and secluded area in the Rocky Point community of Stuart FL.  The condos in Seascape range from 4 bedroom 3 bathroom units down to 2 bedroom 2 bathrooms with living area square footage from 1,990 down to 1,125 and some sizes in between.  Some of these condos are two level units while others are either a first or second floor one level condo.

Seascape Condos in Rocky Point in Stuart FL Seascape Condos in Rocky Point in Stuart FL

There’s a community pool and tennis court along with ample parking and green space.   One large pet is allowed and rentals are also permitted with some restrictions (Only one time per year).  All ages are welcome and sorry, no motorcycles or trucks are permitted.

The Condo association fees as of April 2017 were $392 per month.  These fees cover Basic Cable TV, Common Area Maintenance, Exterior Building Insurance, Lawn Care, Exterior Building Maintenance, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Trash Removal, and Management.

Seascape Condos in Rocky Point in Stuart FL Seascape Condos in Rocky Point in Stuart FL

Located just a short walk from Twin Rivers Park and also close to boat ramps, marinas, restaurants, and shopping.  These Seascape condos are one of the best secrets in Martin County for affordable living.

Click here to see the currently available Seascape Condos for sale