Palm Pointe and Palm Isles October 2019 Market Report

10.12.19 by

Palm Pointe and Palm Isles October 2019 Market Report

There are currently 3 active listings in Palm Pointe and Palm Isles community of Palm City FL.  List prices for these homes range from $272,000 up to $349,950. This results in an average list price of $310,650 which equals $162.02 per sq. ft. of living area.

There is 1 home under contract.  It was listed for $305,000 which is $167.21 per sq. ft. of living area.  This home was on the market for 7 days prior to going under contract.

6 homes have sold in the past 12 months.  Sales price ranged from $276,500 up to $335,000.  This equals an average sales price of $299,917 which works out to $166.91 per sq. ft. of living area.  These homes were on the market for an average of 43 days prior to going under contract and sold at an average of 99% of list price.

Click here to view previous Palm Pointe and Palm Isles market reports.

About the Palm Isles and Palm Pointe Community in Palm City:

Palm Isles and Palm Pointe in Palm City

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

 Palm Pointe and Palm Isles in Palm City

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts, and a playground.

Palm Isles and Palm Pointe in Palm City

Homes range in size from 2 bedrooms, 2 bathrooms homes of around 1,400 sq. ft. of living space plus a two-car garage, up to 4 bedrooms, 4 bathrooms homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

Palm Isles and Palm Pointe in Palm City

As of October 2019, HOA fees were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

Search for Palm Pointe and Palm Isles Homes for Sale

Palm Pointe and Palm Isles October 2019 Market Report

Stuart Florida 34994 Residential Market Report September 2019

10.11.19 by

Stuart Florida 34994 Residential Market Report September 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for September 2019

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

There are currently 92 active listings (Up by 5 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

29 Residential sales are pending and awaiting close or lender approval (Decreased by 9 homes from last month).

Stuart Florida 34994 Residential Market Report September 2019

12 Homes Sold in September (Increased by 8 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded from a pretty weak August with much better activity for September.

The one-month absorption rate for the 34994 zip code for September plunged to 7.7 months from 21.8 months for August.  Moving towards a more balanced market for the 34994 zip code area of Stuart, FL.  I anticipate that this is just a temporary one-month situation.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2018 numbers were 72 Active Listings, 16 pending sales, and 17 closed sales.  There was less inventory of available homes for sale last year.  Yet, closed sales were greater.  This year, our pending sales look stronger which should result in greater closed sales in the coming months.

Stuart Florida 34994 Residential Market Report September 2019

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Click here for previous Stuart Florida 34994 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart Florida 34994 Residential Real Estate Market Report September 2019

The Falls of Jensen Beach October 2019 Market Report

10.11.19 by

The Falls of Jensen Beach October 2019 Market Report

For October 2019 there is only 1 home available for sale in the Falls of Jensen Beach.  The list price is $515,000 or $170.30 per sq. ft. of living area.

There are no homes under contract currently.

In the past 12 months, 10 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $505,000 up to $640,000.  This is an average sales price of $556,700 which is equal to $177.77 per sq. ft. of living area.  These homes averaged 86 days on the market before going under contract and sold on average for 96% of the listed price.

Click here to view previous market reports from the Falls of Jensen Beach.

About the Falls in Jensen Beach FL:

The Falls in Jensen Beach FL

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls of Jensen Beach real estate

The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County ‘A’ rated schools.  Currently, these are the Jensen Beach Elementary school, Stuart Middle school, and the Jensen Beach High school.

The Falls in Jensen Beach FL

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing, there are only two new homes available from the builder, but resale homes have been coming on the market at a fairly steady rate.

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3 car garages.  Homes range from single story ranch style designs to two-story homes and many have private pools.

The Falls in Jensen Beach FL

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature an updated kitchen with granite countertops.

The Falls of Jensen Beach real estateThe Falls of Jensen Beach real estate

The HOA fee includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Jensen Beach real estate is presented by Gabe Sanders, Stuart FL real estate

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Here are the currently available homes in the Falls of Jensen Beach

The Falls of Jensen Beach October 2019 Market Report

Sewalls Point Single Family Market Report September 2019

10.10.19 by

Sewalls Point Single Family Market Report September 2019

Sewalls Point Real Estate Snapshot, Residential Sales for September 2019

There are currently 40 active listings (Down by 2 homes from last month)

8 home sales are pending and awaiting close or lender approval (Up by 2 homes from August)

Sewalls Point Single Family Market Report September 2019

5 Homes sold in August (Decreased by 5 homes from August)

Sewalls Point Single Family Market Report September 2019

The single-family real estate market in Sewalls Point had a decrese in closed sales for September.  Pending sales were up for the month.  While the available inventory of homes for sale remains fairly steady.

The absorption rate jumped up to 8.0 months, in August it was 4.2 months.  Transitioning back into a buyer’s market for the Sewalls Point single-family home market.  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 September 2018, the inventory was 51 homes on the market, 8 pending sales and there were 8 closed sales.  There was better sales activity last year on a greater inventory of available homes for sale.  Pending sales remain the same.

Sewalls Point Single Family Market Report September 2019

Currently available Sewalls Point homes for sale

Currently available Sewalls Point vacant land for sale

Sewalls Point Florida Real Estate presented by
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Click here to view previous Sewalls Point market reports.

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Sewalls Point Single Family Market Report September 2019

 

Atlantis Condos on Hutchinson Island October 2019 Market Report

10.10.19 by

Atlantis Condos on Hutchinson Island October 2019 Market Report

There are currently 5 condos on the market in the three Atlantis condo buildings on Hutchinson Island in Jensen Beach FL.  List prices range from $250,000 up to $288,888. This is an average list price of $268,590 which equates to $245.70 per sq. ft. of living area.

There aren’t any Atlantis condos currently under contract.

In the past 12 months, 15 condos have sold in Atlantis.  Sales prices ranged from a low of $185,000 up to $347,500.  Making for an average sales price of $255,101 or $229.18 per sq. ft. of living area.  These condos sold in an average of 108 days and at an average of 97% of list price.

Click here to view previous Atlantis condo market reports.

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach FL

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedrooms 2 bathrooms condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap-around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen Beach These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen Beach FL

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen Beach

Give the Gabe Sanders Realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

Hutchinson Island real estate is presented by Gabe Sanders, Stuart FL real estate

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Search for Atlantis Condos on Hutchinson Island for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Atlantis Condos on Hutchinson Island October 2019 Market Report

St Lucie County Single Family Homes August 2019 Market Report

10.08.19 by

St Lucie County Single Family Homes August 2019 Market Report

For August 2019 in the St Lucie County Single Family Home Market had weaker sales activity when compared to last year, while new pending sales activity increased slightly. Closed sales were down by 1.5% (in July they were up by 7.7%) and new sales under contract (new pending sales) increased by 1.7% (they were up by 11.5% last month).

Prices were up for the month.  The median sales price was up by 4.4% (was up by 5.0% in July).  The average sales price was up by 1.8% (it was up by 7.2% in July).

The number of available home listings decreased by 57 homes to 1,733 homes.  This inventory is still 6.1% higher than last year.  The current supply of homes is 3.7 months (it was 3.6 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2019 Market Report

Click here to view or download the full report

Click here to view previous St. Lucie County single family home market reports

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.

St Lucie County Single Family Homes August 2019 Market Report

Martin County Townhouses and Condos August 2019 Market Report

10.07.19 by

Martin County Townhouses and Condos August 2019 Market Report

The Martin County Townhouses and Condos August Market Report had mixed sales activity when compared to last year.  Closed sales for the month were up by 1.2%.  They were down by 4.3% in July.  While new sales under contract (new pending sales) were down by 19.6% from August 2018.  They increased by 14.0% in July.

Prices were down for August.  The median sales price decreased by 11.7% (was up by 3.1% in July) while the average sales price decreased by 19.1% (was down by 10.2% in July).

The inventory of available townhouses and condos increased by 2 units to 360 properties.  This is a 20.4% greater inventory then we had for in August 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.0 months for August 2018).  Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos August 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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.

Martin County Townhouses and Condos August 2019 Market Report

Waterfront Land with Dock in South Sewalls Point Just Listed

10.07.19 by

Waterfront Land with Dock in South Sewalls Point

Sewalls Point Waterfront Land with Dock

This waterfront land with dock in South Sewalls Point at 36 South Sewalls Point Road was just listed.   The list price is $920,000.

Sewalls Point Waterfront Land with Dock

A stunning waterfront estate-sized lot in the highly desirable South Sewalls Point community with a dock already in place.  This almost 1 acre (.97) lot has 150’ of waterfront and is over 260’ deep.  The width of this lot allows the future owner many additional possibilities for their dream home overlooking the wide waters of the Intracoastal Waterway.  This prestigious location is only a few miles to the wonderful beaches of the Atlantic Ocean in Stuart as well as the quaint historic downtown area of Stuart.  Boaters will enjoy the close proximity to the Saint Lucie Inlet (around 3 miles).  There are numerous mature mossy oaks currently on this parcel and theirs an excellent potential of keeping these trees even after building a home.  This is a wonderful opportunity for that dream waterfront home as well as a potential moneymaker for a builder/investor.

Sewalls Point Waterfront Land with Dock

About Sewalls Point:

Here is what the official site for Sewalls Point has to say about their town:  “Shaded by ancient oaks and surrounded on three sides by the St. Lucie River and the Indian River Lagoon, Sewall’s Point is known for its natural beauty.  Within our borders, you will find excellent shopping, professional offices, and outstanding dining in addition to the beautiful parks, easy access to offshore fishing, and many cultural activities close by. The Town is a designated bird sanctuary and has been a nationally recognized  “Tree City” for over two decades.  Young or old, it is very difficult to find a better place to live, work and play than in Sewall’s Point!”

Sewalls Point Waterfront Land with Dock

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Stuart Florida real estate from Gabe Sanders, Real Estate of Florida
Call 772-888-2885 for info or assistance

Waterfront Land with Dock in South Sewalls Point

Canopy Creek October 2019 Market Report

10.06.19 by

Canopy Creek October 2019 Market Report

There are 3 homes currently for sale in Canopy Creek in Palm City.  List prices range from $729,570 up to $954,990.  This is an average list price of $853,187 which equals $232.02 per sq. ft. of living area.

There are 3 homes currently under contract in Canopy Creek.  List prices ranged from $729,000 up to $989,000.   This works out to an average list price of $839,300 or $227.05 per sq. ft. of living area.  These homes were on the market for an average of 113 days prior to going under contract.

In the past 12 months, 6 Canopy Creek homes have sold.  Sales prices ranged from $700,000 up to $905,000.  This equals an average sales price of $808,283 which works out to $215.26 per sq. ft. of living area.  These homes averaged 142 days on market prior to going under contract and the sales prices averaged 97% of list price.

Click here to view past Canopy Creek Market reports.

About Canopy Creek in Palm City FL:

Canopy Creek in Palm City Florida

Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy.  With just 300 homes on 700 acres of preserves and wetlands, this community affords luxury living without the crowds of urban areas.  Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek in Palm City Florida

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida and one of the finest public school systems in Florida. Canopy Creek is your best choice for new homes in Palm City, Florida.

Canopy Creek in Palm City Florida

New homes range in size from just over 3,000 sq. ft. of living area to 4,100 sq. ft. with prices starting from the low $600,000’s.  Clients of the BlueWater Realty Team may qualify for some special promotional discounts.  Please call us for details.Search here for all Canopy Creek homes for sale

Canopy Creek real estate is presented by Gabe Sanders, Stuart FL real estate

or search for all homes here

Canopy Creek October 2019 Market Report

Pierpoint Yacht Club October 2019 Market Report

10.05.19 by

Pierpoint Yacht Club October 2019 Market Report

There are 4 condos for sale in Pierpoint for October 2019.  List prices range from $111,500 up to $149,000.  This is an average list price of $129,625 or $112.63 per sq. ft. of living space.

There are no condos currently under contract in Pierpoint.

In the past 12 months, 8 condos have sold in Pierpoint.  Sale prices ranged from $121,500 up to $315,000 for an average sales price of $165,875 which equals $134.66 per sq. ft. of living space.  These condos went under contract in an average of 31 days after being listed and sold at an average of 98% of list price.

About the Pierpoint Condos in Stuart FL:

Pierpoint Condos for Sale in Stuart FL

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse, and dock.

Pierpoint Condos in Stuart FL

Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. An extremely well-maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint Condos in Stuart FL

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

 Pierpoint Condos for Sale in Stuart FL

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffleboard courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

 Pierpoint Condos for Sale in Stuart FL

Condo fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

Pierpoint Condos in Stuart FL

 Search for all Pierpoint Yacht Club Condos for Sale in Stuart Florida Real Estate

Pierpoint Yacht Club October 2019 Market Report

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Martin County Single Family Homes August 2019 Market Report

10.04.19 by

Martin County Single Family Homes August 2019 Market Report

The Martin County Single Family Homes August 2019 Market Report showed weaker closed sales activity when compared to last August.  Closed sales were down by 4.3% (were down by 9.2% in July).  While new pending sales decreased by 2.9% as compared to August 2018 (they increased by 7.5% in July).

Price changes were mixed for August.  The median sales price was up by 2.5% from last year (up by 3.2% in July) while the average sales price decreased by 12.5% (was up by 8.1% last month).

The inventory of available single-family homes decreased from last month by 15 homes to 947 units for August,  this is a 5.2% greater inventory than last August.  The current supply of homes is 4.9 months.  For August of last year, it was a 4.5 months supply.  We remain in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes August 2019 Market Report

Click here to view or download the full report

Click here to view the previous Martin County single-family homes market reports

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.

Orchid Bay October 2019 Market Report

10.04.19 by

Orchid Bay October 2019 Market Report

There is currently only 1 Orchid Bay home listed for sale. The list price is $540,000 which is $181.33 per sq. ft. of living area.

There is also 1 home currently under contract in Orchid Bay.  The list price was $525,000 or $180.79 per sq. ft. of living area.  This home was on the market for 118 days prior to going under contract.

In the past 12 months, 3 homes have sold in Orchid Bay.  Sales prices ranged from $435,000 up to $583,000.  This is an average sales price of $501,000 which works out to $180.87 per sq. ft. of living area.  These homes averaged 217 days on the market before going under contract and sold for an average of 98% of list price.

Click here to view previous Orchid Bay market reports.

About Orchid Bay in Palm City:

Orchid Bay in Palm City Florida

Orchid bat and Lake Grove Homes for sale:

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1-acre sites.  This planned community was developed by the Tartan land Company in the early 1990s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently, this is not a “cookie cutter” community by any means.

Orchid Bay in Palm City Florida

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two-story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (October 2019) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Orchid Bay Entrance 2

Search here for all available Orchid Bay Homes for Sale

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

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay October 2019 Market Report

Florida Townhouses and Condos August 2019 Market Report

10.03.19 by

Florida Townhouses and Condos August 2019 Market Report

The August Florida Townhouses and Condos Market Report had a slightly less active month for sales when compared to last August.  Closed sales were down by 2.9% as compared to last month’s increase of 4.3% and new sales under contract (new pending sales) decreased by 1.4% (In July there was a 3.3% increase).

Prices, though, were up for August.  The median sales price was up by 2.7% (was up by 4.4% in July), while the average sales price increased by 3.1% (was up 4.1% in July).

The inventory of active listings increased by 0.5% from August of last year.  We now have 5.4 months of inventory as compared to 5.3 months for August 2018.  Remaining 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.

Florida Townhouses and Condos August 2019 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 August 2019 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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.

The Courtyards at Willoughby October 2019 Market Report

10.03.19 by

The Courtyards at Willoughby October 2019 Market Report

There are no condos currently for sale in the Courtyards at Willoughby.

There is one condo under contract.  The list price was $178,000 which equals $158.22 per sq. ft. of living space.  This home was on the market for 14 days before going under contract.

In the past 12 months, 6 condos have sold in the Courtyards of Willoughby. Sales prices ranged from $155,000 up to $222,000.  This is an average sales price of $176,353 and this equals $134.87 per sq. ft. of living space.  These condos sold for an average of 95% of list price with an average of 50 days on market before going under contract.

Click here to view previous Courtyards at Willoughby market reports

About the Courtyards at Willoughby:

The Courtyards at Willoughby October 2019 Market Report

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach, and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedrooms, 2 bathrooms, two-level homes with 1,532 sq. ft. of living area down to 2 bedrooms, 2 baths, one level living with 1,125 sq. ft. of living space and some models feature garages.  Up to 1 medium-sized pet is allowed.

The Courtyards at Willoughby in Stuart FL

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24-hour fitness center! The surrounding school district is ‘A’ rated.

The Courtyards at Willoughby in Stuart FL

Search Here for Courtyards at Willoughby Condos for Sale
Search Here for Courtyards at Willoughby Condos for Sale

The Courtyards at Willoughby October 2019 Market Report

 

Stuart Florida Real Estate presented by
the Gabe Sanders real estate team

Florida Single Family Homes August 2019 Market Report

10.02.19 by

Florida Single Family Homes August 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year, though.  The closed sales were up by 3.2% (were down by 10.4% in July) and new sales under contract (new pending sales) were up by 1.3% (were up by 7.4% in July).

Prices were also up for August.  The median sales price rose by 4.2% (it was up by 5.1% in July) and the average sales price was up by 3.2% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 5.1% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August 2018 also had a 4.0 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes August 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes August 2019 Market Report

Click here to view the previous Florida single-family homes market reports.

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.

Pinecrest Lakes 4 BR Home New Price

10.02.19 by

Pinecrest Lakes 4 BR Home New Price

The new price for this 4 Bedroom, 3 Bathroom plus Den/Office and 3 Car Garage is $450,000
235 NE Abaca Way in Pinecrest Lakes
A newer (2014) D. R. Horton Biscayne model 4 bedrooms, 3 bathrooms plus den/office and a spacious 3 car garage home in the desirable Pinecrest Lakes community of Jensen Beach. This home features granite counter-tops, stainless steel appliances, solid concrete block construction with many desirable features. Tiled floors in living areas and carpeted bedrooms. Wonderfully located close to the Jensen Beach High School, Treasure Coast Mall, Restaurants and only two miles to the Intracoastal and then the pristine beaches of the Atlantic Ocean. This home is ready for immediate occupancy.
Pinecrest Lakes 4BR Home for sale

Family Room

Pinecrest Lakes 4BR Home for sale

Living Room

About Pinecrest Lakes in Jensen Beach:

Pinecrest Lakes in Jensen Beach FL

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late ’70s and early ’80s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently, this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes 4BR Home for sale

Kitchen

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River Parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities, and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes 4BR Home for sale

Main Bedroom

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes 4BR Home for sale

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

Search here for all available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

Courtesy of the Gabe Sanders. Stuart FL Real Estate 

Pinecrest Lakes 4 BR Home New Price

Hobe Sound FL 33455 Condo Market Report August 2019

10.01.19 by

Hobe Sound FL 33455 Condo Market Report August 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2019

For August 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 9 active condo listings. (Down by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2019

6 Condos are pending and awaiting close. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2019

5 Condos sold in August. (Up by 2 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  It is difficult to track such small numbers though this market remains quite active.

The absorption rate for Hobe Sound condos was 1.8 months for August (it was 3.3 months for July).  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 August 2018 numbers were: 4 active listings, 4 pending sales, and 4 closed sales.  It’s difficult to make meaningful comparisons with last year when there’s such a small sampling of condos in Hobe Sound.   Though, there was some increased activity this year.

Hobe Sound FL 33455 Condo Market Report August 2019

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

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Condo Market Report August 2019

Gabe’s October 2019 House Calls Real Estate Newsletter

10.01.19 by

Gabe’s October 2019 House Calls Real Estate Newsletter

Click on the image below to view or download Gabe’s October 2019 House Calls Real Estate Newsletter:

Gabe's October 2019 House Calls Real Estate Newsletter

Click here to download the full interactive PDF of our October 2019 House Calls Newsletter

You can see all the past issues here:

House Calls Archive

Previous House Calls Posts

Search here for Stuart Florida Real estate

Gabe’s October 2019 House Calls Real Estate Newsletter

Hobe Sound FL 33455 Residential Market Report August 2019

09.30.19 by

Hobe Sound FL 33455 Residential Market Report August 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2019

There are currently 190 active listings. (Down by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2019

67 Residential sales are pending and awaiting close  (Down by 9 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2019

47 Homes Sold in August (Up by 9 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2019

The Hobe Sound Florida Market Report ZIP Code 33455 continues to be a strong and active residential real estate market even though the activity has moderated a bit in the past two months.

The current absorption rate for the Hobe Sound residential market dropped to 4.0 months (It was 5.1 months in July).  Remaining as a strong seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2018 were: 172 active listings, 81 pending sales, and 37 closed sales.  A better number of closed sales this year while pending sales were stronger last year on a reduced number of homes for sale.

Hobe Sound FL 33455 Residential Market Report August 2019

Click here to view the previous Hobe Sound condo market reports

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

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Hobe Sound FL 33455 Residential Market Report August 2019

Renar River Place Condos September 2019 Market Report

09.30.19 by

Renar River Place Condos September 2019 Market Report

For September 2019 there is only 1 condo for sale in Renar River Place in downtown Jensen Beach FL.  The list price is $425,000 or $175.62 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 4 condos have sold in Renar River Place.  Sales prices ranged from $280,000 up to $360,000.  This is an average sales price of $316,250 which is $197.60 per sq. ft. of living area.  These condos were on the market for an average of 271 days before going under contract and sold for 97% of list price.

View previous Renar River Place market reports here

About Renar River Place in Downtown Jensen Beach FL:

Renar River Place in Downtown Jensen Beach FL

One of the few newer condo communities in Martin County.  Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach roundabout and causeway to Hutchinson Island.  There are also some townhouse-style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Renar River Place in Downtown Jensen Beach FL

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach.  HOA fees vary by the size of the condo and location, so please call us for the latest cost.  This community is open to all ages and pets are also welcomed.  For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

Renar River Place in Downtown Jensen Beach FL

Search here for Renar River Place Condos for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Renar River Place Condos September 2019 Market Report