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

Locks Landing in Stuart Florida June 2017 Market Report

Locks Landing in Stuart Florida June 2017 Market Report

As of June 2017, there were 5 homes on the market in Locks Landing in Stuart Florida.  Listing prices range from $380,000 up to $489,000 for an average price of $422,100 which equates to a per square foot of $201.22.

There are 3 homes currently under contract.  List prices were from $409,900 up to $495,000 for an average list price of $464,800 which equals $190.15 per sq. ft. of living area.  These homes averaged 39 days on the market before going under contract.

In the past 12 months, 21 homes have sold in Locks Landing with sales prices ranging from $333,000 up to $485,000 for an average sales price of $423,846 or $175.22 per sq. ft. of living area. These sales averaged at 98% of listing price and on average went under contract within 78 days of being listed.

Locks Landing in Stuart FL

Locks Landing in Stuart Florida is a planned unit community of 243 homes on the south eastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing in Stuart FL

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots.   Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway.  This wonderful family neighborhood boasts a number of docks with available water and electrics..  Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of fresh water fishing.  For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks Landing in Stuart FL Locks Landing in Stuart FL

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate.  The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer.  This family friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School and South Fork High School

Locks Landing in Stuart FL Locks Landing in Stuart FL

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

 

For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Locks Landing in Stuart Florida June 2017 Market Report

 

Palm City FL 34990 Condo Market Report May 2017

Palm City FL 34990 Condo Market Report May 2017

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

 

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



There are currently 76 active condo listings. (Decreased by 10 condos from April)

   Palm City FL 34990 Condo Market Report May 2017

11 Condo sales are pending and awaiting close or lender approval. (Up by 2 condos from last month)

Palm City FL 34990 Condo Market Report May 2017

4 Condos Sold in May. (Down by 4 condos from April)

Palm City FL 34990 Condo Market Report May 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity remains pretty slow for Palm City condos and remains a difficult market 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 19 months (was 10.8 months in May).  A strong buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The May 2016 numbers were: 62 active listings, 13 pending sales and 7 closed sales.   Better volume on lower inventory from last year.
Palm City FL 34990 Condo Market Report May 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report May 2017

Snug Harbor June 2017 Market Report

Snug Harbor June 2017 Market Report

As of June 2017, there are 3 active listings in Snug Harbor in Stuart, FL.  The list prices range from a low of $1,350,000 up to $2,650,000 for an average list price of $2,133,333 which equals $460.86 per sq. ft. of living area.

There are currently no homes under contract or pending.

8 homes have sold in Snug Harbor in the past 12 months.  Ranging in sales price from a low of $340,000 up to $1,870,000.  The average sales price was $898,611 or $274.91 per sq. ft. of living area.  These sales averaged at 94% of the last listed price and averaged 67 days on market prior to going under contract.

About Snug Harbor

Snug Harbor remains as one of the most desirable locations in Stuart, FL. Located on the wide Saint Lucie River just east of the city of Stuart Florida is this unique subdivision.

Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.

Snug Harbor in Stuart FL

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a club house, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year round that make this community a very attractive place to call home.

Snug Harbor in Stuart FL

Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident, if you would like any information about this wonderful community.

Snug Harbor in Stuart FL Snug Harbor in Stuart FL

 

Search here for:

Snug Harbor Homes for Sale

Snug Harbor June 2017 Market Report