Martin County Single Family Homes May 2018 Market Report

07.06.18 by

Martin County Single Family Homes May 2018 Market Report

The Martin County Single Family Homes May 2018 Market Report had weaker sales results compared to May 2017.  Closed sales were down by 4.0% (was down by 1.9% in April).  While new pending sales decreased by 17.6% as compared to May 2017 (Increased by 2.3% in April).

Prices were mixed for May. The median sales price was up by 1.7% from last year (up by 12.5% in April) while the average sales price decreased by 10.1% (was up by 34.9% last month).

The inventory of available single-family homes decreased from last month by 37 homes to 954 units for May,  this is 8.1% less than last May.  The current supply of homes is 4.7 months, for May of last year, it was a 5.2 months supply.  We’re still 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 May 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes May 2018 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.

Martin County Single Family Homes May 2018 Market Report

Sunset Trace Palm City June 2018 Market Report

07.06.18 by

Sunset Trace Palm City June 2018 Market Report

As of June 2018, there are 9 homes for sale in Sunset Trace.  These homes have list prices from $145,500 up to $184,900 for an average list price of $169,889 or $132.95 per square foot of living area.

There are 10 homes under contract and awaiting settlement.  The list prices ranged from $144,900 up to $179,900 for an average list price of $159,750 which equals $121.81 per sq. ft. of living area.  These homes were on the market for an average of 30 days prior to going under contract.

In the past 12 months, 41 homes have sold in Sunset Trace.  Sales prices ranged from a low of $125,000 up to $215,000 for an average sales price of $157,222 which equals $120.78 per sq. ft. of living area.  These homes sold for an average of 96% of their final list price and went under contract in an average of 39 days of being on the market.

 About Sunset Trace in Palm City FL:

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  And only a 15-minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community:   DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary School, Hidden Oaks Middle School, and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and carefree.

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City June 2018 Market Report

Florida Townhouses and Condos May 2018 Market Report

07.05.18 by

Florida Townhouses and Condos May 2018 Market Report

The Florida Townhouses and Condos May 2018 Market Report continued with stronger market activity when compared to last year.  Closed sales were up by 4.1% as compared to last month’s increase of 9.2% and new sales under contract (new pending sales) increased by 2.2% (In April there was a 7.4% decrease).

Prices, also, continued their upward April for May.  Median sales prices were up by 6.0% (was up by 10.5% in April), while the average sales price increased by 7.9% (was up 9.6% in April).

The inventory of active listings decreased by 2.0% from May of last year.  For May 2018 we have 5.7 months of inventory (was 5.8 months in April) and compared to 6.0 months for May 2017.  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.

Florida Townhouses and Condos May 2018 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 May 2018 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 May 2018 Market Report

Palm City Farms June 2018 Market Report

07.05.18 by

Palm City Farms June 2018 Market Report

There are currently 48 homes on the market in Palm City Farms.  Listing prices range from $59,900 up to $3,950,000.  The average list price works out to $708,485 (median $550,000) which is a per square ft. of living area price of $251.57 (median $201.89).

There are currently 15 homes under contract awaiting settlement.  Listing prices ranged from $74,900 up to $1,999,888 for an average of $395,979 which equals $224.12 per sq. ft. of living area.  These homes averaged 144 days on the market prior to going under contract.

In the past 12 months, 88 homes have sold in Palm City Farms with sales prices ranging from $87.00 up to $2,300,000 for an average sales price of $370,074 or $166.61 per sq. ft. of living area. These sales averaged for 93% of the last listed price and were under contract in an average of 116 days after being listed.

About Palm City Farms:

 
Homes and Land for Sale in Palm City Farms

If you’re looking for an area of secluded acreage, yet still be close to shopping, entertainment the beach and navigable waterways Palm City Farms may just be the dream setting you are looking for.  Prices are currently more affordable than they have been in the past 5 or 6 years.

Homes and Land in Palm City Farms


Beautiful acreage with 5 acre and larger home sites and vacant land abound in Palm City Farms. This is the perfect location for your equestrian needs as well as many other agricultural uses.  All within minutes of Martin County ‘A’ rated schools, shopping, beaches and easy access to I-95 and Florida’s Turnpike.

Homes and Land for Sale in Palm City, Farms

For additional information about Palm City Farms please contact us.

Search the Martin County MLS
Search for all Palm City farms, Florida Homes and Land for Sale

Palm City Farms June 2018 Market Report

Murano Homes July 2018 Housing Market Report

07.04.18 by

Murano Homes July 2018 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida

There are currently 4 homes available for purchase in the Murano community in Palm City FL with list prices ranging from $299,900 up to $399,000 which is an average list price of $328,475 or $148.91 per sq. ft. of living area.

 

There are no homes under contract at this time in the Murano subdivision of Palm City, FL.

 

In the past year, 8 homes have sold in Murano with sales prices ranging from $295,000 up to $369,900 for an average sales price of $328,013 which equals $135.20 per sq. ft. of living area.  The average days on market before going under contract for these homes was 66 with a list to sales price ratio was 97%.

About the Murano Community in Palm City FL:

Murano Homes in Palm City FLConveniently located off of Martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two story 5 Bedroom 4 bathroom homes of 0ver 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

This is a very family friendly neighborhood close to schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees of approximately $123 per month (as of July 2018).

There may be a few new D. R. Horton homes available for sale, but this community is just about sold out so call us for details.

  • For the D.R. Horton homes, highlights include:
  • Choice of 5 NEW Floorplans
  • GE Appliance Package
  • Various home sites available including lakefront
  • Community Swimming Pool and Cabana
  • Top-Rated Palm City Schools
  • Easy commute via I-95 or Florida Turnpike
  • Close proximity to area recreation including beaches, parks, boating, fishing and all types of water sports
  • Shopping, entertainment, and restaurants are all nearby.

Murano Homes in palm City Florida

  Search here for:

Murano Homes for Sale

Palm City Florida Real Estate is presented by:
the Gabe Sanders real estate team

Murano Homes July 2018 Housing Market Report

 

Florida Single Family Homes May 2018 Market Report

07.03.18 by

Florida Single Family Homes May 2018 Market Report

The Florida Single Family Homes May 2018 Market Report showed good activity when compared to last year and remains a very active market though at a bit of a reduced rate. Closed sales were up by 0.8% (were up by 4.1% in April) and new sales under contract (new pending sales) were down by 0.1% (were down by 0.2% in April).

Prices continue with their upward April for May.  The median and average sales prices up by 6.7% and 6.5% respectively, compared to April’s 8.1% and 10.4%.

The inventory of available homes for sale fell by 0.7% from last year.  For May there was a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (May of 2017 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 May 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes May 2018 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 Single Family Homes May 2018 Market Report

Rocky Point July 2018 Market Report

07.03.18 by

Rocky Point July 2018 Market Report

Here is your Rocky Point July 2018 market Report in Stuart Florida:

There are currently 27 active listings in the Rocky Point area of Stuart FL which include both condos and homes.  List prices range from a low of $99,500 up to $699,900 which results in an average list price of $377,241 or $182.88 per square foot of living area.

19 homes and condos are under contract (pending sales) and awaiting closing.    List prices ranged from $75,000 up to $2,750,000 for an average list price of $407,328 which is $178.62 per square foot of living area.  These properties averaged 65 days on the market before accepting a contract.

In the past 12 months, 132 properties have sold in Rocky Point with sales prices ranging from $63,999 up to $1,700,000 for an average sales price of $317,624 which equals $167.20 per square foot of living area.  The average days on market was 74 with a 96% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point real estate

 

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

 Rocky Point real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capital of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point real estate

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

Rocky Point real estate

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Rocky Point real estate

 

 

Search the Martin County MLS
Search here for available homes in Rocky Point

 

Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
the Gabe Sanders real estate team

Rocky Point January 2018 Market Report

 

Hobe Sound FL 33455 Condo Market Report May 2018

07.02.18 by

Hobe Sound FL 33455 Condo Market Report May 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2018

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

There are currently 6 active condo listings. (Decreased by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2018

5 Condos are pending and awaiting close. (Unchanged from April)

Hobe Sound FL 33455 Condo Market Report May 2018

1 Condos sold in May. (Decreased by 6 condos from April)

 Hobe Sound FL 33455 Condo Market Report May 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We saw a further decline in inventory which is not a good sign for future sales volume.

The absorption rate for Hobe Sound condos was 6 months for May as compared to 1.1 months in April).  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 May 2017 numbers were: 16 active listings, 5 pending sales, and 2 closed sales.  Much stronger activity last year with more than double the inventory of available condos for sale.

Hobe Sound FL 33455 Condo Market Report May 2018

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 May 2018

Jensen Park Estates July 2018 Market Report

07.02.18 by

Jensen Park Estates July 2018 Market Report

Currently, there are 6 homes available for sale in the Jensen Park Estates community of Jensen Beach FL.  These homes are listed for prices from $229,000 up to $399,000.  The average list price is $297,631 and this equals $186.93 per sq. ft. of living area.

There are 3 homes under contract and awaiting closing.  These homes were listed at prices ranging from $260,000 up to $315,000 for an average list price of $281,333 which works out to $175.83 per sq. ft. of living area.  These homes were o the market for an average of 57 days prior to going under contract.

In the past 12 months, 16 Jensen Park Estates homes have sold.  Sales prices ranged from a low 0f $220,000 up to $370,000 for an average sales price of $295,281 which equals $170.65 per sq. ft. of living area.  These sales averaged 97% of the last list price and averaged 66 days on market before going under contract.

About Jensen Park Estates in Jensen Beach FL:

Jensen Park Estates real estate

Jensen Park Estates is a non-gated community located just west of Savannah Rd in the heart of Jensen Beach.  There are 381 home sites in this community, most of which have been built upon.  Homes were built from 1980 to the latest one which was completed in 2010.

Jensen Park Estates real estate

There’s a wide range of sizes and shapes of homes ranging from 6 bedroom homes with over 3,100 sq. ft. of living area down to more modest 2 bedroom, 2 bathroom homes with just under 1,100 sq. ft.  There are both frame and concrete block construction as well as homes with and without private pools.

Some homes have large lots of over ½ acre while others are fairly modest lots with just over .12 acres.  Homeowner fees are a very reasonable $150 per year.

Jensen Park Estates real estate

Neighborhood children attend the Jensen Beach Elementary School which is just a little over ½ mile away, Stuart Middle School and the Jensen Beach High School.

Jensen Park Estates real estate

Very close to shopping areas of US-1 as well as close to the Intracoastal (the Indian River) with its boat ramps, public beaches on Hutchinson Island, Indian Riverside Park, and much more.

Jensen Park Estates is an excellent option for both families and retirees looking for affordable homes in the heart of Jensen Beach.

Jensen Park Estates real estate

Search here for available Jensen Beach Estates Homes for Sale

Jensen Park Estates July 2018 Market Report

 

Moorings of Manatee Condo in Rocky Point Just Listed

07.01.18 by

Moorings of Manatee Condo in Rocky Point Just Listed

Beautifully updated 2nd floor, end unit condo in the boating community of the Moorings of Manatee.  This bright and airy home features an updated kitchen with newer appliances and open floor plan. Views of the community pool along with peek-a-boo views of the Manatee Pocket. There is one assigned parking spot and ample guest parking. Accordion hurricane shutters for all windows, crown moldings and fresh paint throughout this unit.  All ages are welcome and one small pet under 20 lbs. is permitted.  Liberal rental policy with a 30 day minimum rental allowed.  This community offers dockage for small to medium boats available for lease or assignment.  There is a fixed bridge with approximately 9’ vertical clearance.  Kayak and canoe storage and fishing is available right from the community docks. Wonderfully located with great restaurants nearby as well as all the amenities that Stuart has to offer.  Care free Florida living at its finest.

Moorings of Manatee Condo Moorings of Manatee Condo

About Rocky Point Real Estate in Stuart Florida:

Search for Search Rocky Point Homes For Sale

Search for Search Rocky Point Condos For Sale

Nestled along what is commonly referred to as the “Treasure Coast” of Florida in splendid Martin County is a cape that the owners of Rocky Point real estate call home. These Martin County properties that sit on the peninsula offer all the amenities of a waterfront community plus some additional bonuses.  For instance, Martin County was named by Forbes Magazine to be one of the best areas to raise a family in the nation. One of the pieces of Rocky Point real estate is Rocky Point Hammock Park which is designated as one of Florida’s great bird trailing parks. This park also offers Rocky Point residents a great place to hike, picnic or enjoy the splendid weather that comes along with Martin County’s subtropical weather comprising of warm summers and mild winters. The ample water access points amidst Rocky Point real estate lend themselves to water oriented activities.

Moorings of Manatee Condo Moorings of Manatee Condo

  • Marinas, docks, launch ramps are plentiful in and around the area
  • Deeded dock rights accompany some neighborhoods
  • Specific homes have the luxury of private ramps and docks
  • Charter fishing and boat tours are readily available for the magnificent waterways surrounding the area

 Moorings of Manatee Condo

Rocky Point value does not stop at the water. The activities on land in the surrounding area are just as overflowing.

  • Antique Car Parade in Palm City during February
  • Sailfish Power Boat Championship in Stuart during May
  • Sea Turtle Watch in Jensen Beach during  June
  • Dancin’ in the Streets in Stuart during August
  • Jensen Beach Pineapple Festival in November

The list goes on and on. Rocky Point properties are centrally located among a plethora of events, happenings and locations to appeal to the likings in any genre of lifestyle.

Moorings of Manatee Condo

Education is another accommodation that is more than an expectation. The public and private sectors excel in the development of the student bodies from pre-kindergarten up into the collegial arena.

Moorings of Manatee Condo

Rocky Point real estate is comprised of many different choices with a large sector coming from single family homes. Nonetheless, there does exist within Rocky Point real estate condominium and townhouse complexes. Your selection can be made from:

  • Waterfront property
  • Investment houses
  • Large estates
  • Comfortable living quarters

Moorings of Manatee Condo

Whatever your needs and desires are they can be met by investing in the right real estate broker. When it comes to Rocky Point real estate we are your professionals. Call us today for the needed guidance that comes from experts in the field of Martin County homes and properties.

Homes and condos for sale in Rocky Point in Stuart FL

Moorings of Manatee Condo in Rocky Point Just Listed

Gabe’s July 2018 House Calls Newsletter

07.01.18 by

Gabe’s July 2018 House Calls Newsletter

Click on the image below to view or download Gabe’s July 2018 House Calls Newsletter:

 Gabe's July 2018 House Calls Newsletter

Click here to download the full PDF of our July 2018 House Calls Newsletter

You can see all the past issues here:

House Calls Archive

Search here for Stuart Florida Real estate

Gabe’s July 2018 House Calls Newsletter

Willoughby Golf Club Stuart June 2018 Market Report

06.30.18 by

Willoughby Golf Club Stuart June 2018 Market Report

There are currently 6 homes on the market in the Willoughby Golf Club, ranging in price from $409,000 to $1,595,000.  The average listing price is $777,150 which equates to a price per sq. ft. of living area of $210.38.

There are 7 homes under contract which have not closed as this post was written.  The list prices of these pending sales range from $275,000 to $699,000 for an average list price of $436,129 which equates to $168.72 per sq. ft. of living area.  These homes averaged 208 days on market prior to going under contract.

In the past 12 months, 17 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $255,000 up to $950,000 for an average sales price of $510,118 which equals $174.32 per sq. ft. of living area.  Sales prices averaged 95% of list prices and these were on the market for an average of 99 days before receiving an accepted offer.

About the Willoughby Golf Club in Stuart FL:

Willoughby Golf Club in Stuart FL

Willoughby Golf Club real estate can be found in the city of Stuart. Stuart is located in Martin County Florida and sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.Willoughby Home 3

Willoughby Golf Club real estate and surrounding area is made up of a 403-acre, private golf community. The golf club memberships entitle the members the enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents of Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Home 2

Willoughby Golf Club real estate home sites are complemented by the numerous activities and events that take place in the town of Stuart along with noteworthy locations.

  • Restored downtown with historical landmarks
  • exclusive shops
  • distinctive restaurants
  • an executive airport
  • highly viewed schools
  • library
  • outstanding professional and medical facilities
  • a regional mall
  • many cultural happenings

Willoughby View 1

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.Willoughby Golf Club Real Estate 1

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles.

Here are the currently available homes for sale in the Willoughby Golf Club

Search for Martin County Real Estate

Willoughby Golf Club Stuart June 2018 Market Report

 

Hobe Sound FL 33455 Residential Market Report May 2018

06.29.18 by

Hobe Sound FL 33455 Residential Market Report May 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2018

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

There are currently 184 active listings. (Decreased by 1 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2018

92 Residential sales are pending and awaiting close  (Down by 9 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2018

63 Homes Sold in May (Up by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2018

The Hobe Sound Florida Market Report ZIP Code 33455 continues with very active sales activity.  There was a nice rise in closed sales this month when compared to last month.  Pending sales also remain quite strong.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 2.9 months ( It was 3.6 months in April).  Remaining in an extreme seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2017 were:  176 active listings, 68 pending sales, and 64 closed sales.  Almost identical sales volume when compared to last year.  Pending sales, though, are much better this year.  Interestingly, this is one of the few areas in Martin County with a higher inventory of homes for sale this year when compared to last year.

Hobe Sound FL 33455 Residential Market Report May 2018

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

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report May 2018

Affordable Jensen Beach Condo in Beacon 21 Just Listed

06.29.18 by

Affordable Jensen Beach Condo in Beacon 21 Just Listed

A wonderfully located 2 bedroom, 2 bathroom condo in Beacon 21 in Jensen Beach FL.  This is a 55+ community with access to a community marina that offers ocean access slips for lease.  This is also a pet-friendly building with one pet allowed.  The “B” section of Beacon 21 has an open patio for barbecuing as well as an additional storage area and a coin-operated laundry room.   One assigned covered parking spot and additional guest parking is available. There is a clubhouse, community pool, tennis and shuffleboard courts for residents to enjoy an active lifestyle.  Beacon 21 is located within a few minutes’ drive to the Intracoastal Waterway as well as the beaches, shopping and restaurants. This large and open furnished condo is available for immediate occupancy.  Available to purchase for $85,000.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

About the Beacon 21 Condos in Jensen Beach:

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 B-16 Condo for Sale Jensen Beach Beacon 21 B-16 Condo for Sale Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $327.00 to $450.00 a month depending on the location of the condo (As of June 2017).  Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school and the Jensen beach high school.

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

For more information about Jensen Beach FL real estate please visit https://www.gabesanders.com/area/jensen-beach

or call Gabe Sanders:
(772) 888-2885
Real Estate of Florida

Affordable Jensen Beach Condo in Beacon 21 Just Listed

Jensen Beach FL 34957 Condo Market Report May 2018

06.28.18 by

Jensen Beach FL 34957 Condo Market Report May 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for May 2018

For May 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 108 active listings. (Decreased by 10 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

43 Condo sales are pending and awaiting settlement. (Up by 3 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

31 Condos Sold (Down by 11 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

 The Jensen Beach FL 34957 Condo Market Report for May continued to show strong sales activity.  Closed sales were off from last month but still strong.  Unfortunately, like in many other Martin County areas, the inventory is decreasing.

The one-month absorption rate for the May 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.5 months (from 2.4 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 2017 numbers were: 122 active listings, 44 pending sales, and 28 condos closed.  Quite a similar volume of sales and pending sales when compared to last year but on a reduced number of condos available for sale.

Jensen Beach FL 34957 Condo Market Report May 2018

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Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report May 2018

Dune Walk on Hutchinson Island June 2018 Market Report

06.28.18 by

Dune Walk on Hutchinson Island June 2018 Market Report

There are two condos available for sale in Dune Walk in June 2018 on Hutchinson Island in Jensen Beach Florida.  List prices are $300,000 and $315,000 which is an average of $307,500 or $303.74 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 5 condos have sold in Dune Walk.  Sales prices ranged from $212,000 up to $280,000 for an average sales price of $249,400 which works out to $248.99 per sq. ft. of living area.  These condos averaged 96 days on market before going under contract and sold for an average of 95% of list price.

About the Dune Walk Condos in Jensen Beach FL:

Dune Walk on Hutchinson Island June 2018 Market Report

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 on Hutchinson Island June 2018 Market Report Dune Walk on Hutchinson Island June 2018 Market Report

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 2018) 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:
Admiral – Atlantis – Claridge – 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

Dune Walk on Hutchinson Island June 2018 Market Report

Jensen Beach FL 34957 Residential Market Report May 2018

06.27.18 by

Jensen Beach FL 34957 Residential Market Report May 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for May 2018

 For May 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 159 active listings. (Down by 10 from last month)

Jensen Beach FL 34957 Residential Market Report May 2018

90 Residential sales are pending and awaiting close or lender approval. (Down by 12 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2018

60 Homes Sold (Increased by 1 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2018

The Jensen Beach FL 34957 Residential Market showed quite strong activity for another month.  The decreasing inventory of available homes for sale is a concern.  It could mean reduced volume of sales in the coming months until this trend reverses itself.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months ( was 2.9 months in April).  A very strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2017 numbers were: 178 active listings, 77 pending sales, and 47 home sales closed.  There was considerably stronger activity this year as compared to last year.  More impressive when the fact of a significantly lower number of homes are available this year.
Jensen Beach FL 34957 Residential Market Report May 2018
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Click on this link and fill out the form for an accurate personal evaluation

Search here for Jensen Beach Real Estate for Sale

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

Jensen Beach FL 34957 Residential Market Report May 2018

The Reef in Rocky Point June 2018 Market Report

06.27.18 by

The Reef in Rocky Point June 2018 Market Report

For June 2018 there no homes available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL.

There is 1 home under contract in this community. This home was listed for $495,000 or $224.39 per sq. ft. of living area and was on the market for 2016 days prior to going under contract.

In the past 12 months, 5 homes have sold in the reef.  These homes sold for prices ranging from $475,000 up to $650,000 for an average sales price of $579,465 which equals $197.77 per sq. ft. of living area.  These homes sold for an average of 96% of list price and were on the market for an average of 50 days before going under contract.

About The Reef in Rocky Point:

The Reef in Rocky Point

The Reef is one of the few newer gated communities in the Rocky Point area of Stuart FL.  This is an exclusive subdivision with 52 home sites, 11 of which are larger waterfront estates located just a short boat ride away from the Atlantic Ocean through the Saint Lucie Inlet.

Homes in the Reef were built from 1994 to 2007.  There are still some vacant lots that have yet to be built on including one waterfront parcel.  Home sizes range from 3 bedroom, 2 bathroom homes with just under 2,000 sq. ft. of living area all the way up to 5 bedroom, 4 bath waterfront homes with over 6,000 sq. ft. of living space on over an acre lots.

The Reef in Rocky Point The Reef in Rocky Point

As of June 2018, the HOA fee is a very reasonable $74.00 per month which pays for maintenance of the common areas, management fees, trash pickup and the community tennis court.

The Reef is in the Martin County School District and children attend the Port Salerno Elementary school, Murray Middle School and South Fork High School.

The Reef in Rocky Point The Reef in Rocky Point

Rocky Point was originally a fishing village and many fishermen remain in the area.  It is surrounded by the Intracoastal on the east side and the Manatee Pocket on the North and South sides.  Easy access to many marinas, great seafood restaurants as well as the great lifestyle of Martin County FL.

Click here to search for homes for sale in the Reef of Rocky Point

Click here to search for all Rocky Point homes for sale and condos for sale

The Reef in Rocky Point June 2018 Market Report

Palm City FL 34990 Condo Market Report May 2018

06.26.18 by

Palm City FL 34990 Condo Market Report May 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for May 2018

For May 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 87 active condo listings. (Decreased by 1 condos from April)

   Palm City FL 34990 Condo Market Report May 2018

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

Palm City FL 34990 Condo Market Report May 2018

9 Condos Sold in May. (Up by 2 condos from April)

Palm City FL 34990 Condo Market Report May 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For May there was an improvement closed sales while pending sales were down by 4 condos.  The Palm City condo market is hampered by two equity golf course communities with slow sales in the current environment.

The current absorption rate for condos in the 34990 zip code area dropped to 9.7 months (was 12.6 months in July).  Still in a buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The May 2017 numbers were: 76 active listings, 11 pending sales, and 4 closed sales.  There was better sales activity for this year.  The Palm City condo marketis one of the few areas in Martin County with a larger inventory this year than last.
Palm City FL 34990 Condo Market Report May 2018
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 May 2018

Woodmill Pond Townhomes in Stuart FL June 2018 Market Report

06.26.18 by

Woodmill Pond Townhomes in Stuart FL June 2018 Market Report

As of June 2018, there is only 1 home available to purchase in the Woodmill Pond community of Stuart FL.  This home was listed for $259,999 which equals $116.80 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 7 townhomes have sold in Woodmill Pond.  Sales prices ranged from $219,000 up to $245,000 for an average sales price of $234,714 which works out to $102.93 per sq. ft. of living area.  These homes averaged 50 days on the market before going under contract and sold for an average of 99% of list price.

About Woodmill Pond Townhomes in Stuart FL:

Very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL is this townhome development of 50 units, which was built in 2007 and in 2010.  While these are two level townhomes with 2 car garages the complex is deeded as condos, meaning the exterior maintenance, common areas, insurance are all included in the association fees.  With these homes come newer construction and all the latest codes are in compliance with most homes having hurricane impact glass making hurricane shutters, not a requirement. As of this writing (June 2018), these fees were $374 per month.  These fees cover Common Areas, Insurance-Bldg, Lawn Care, Maintenance Exterior, Manager, Recreational Facilities, Reserve Funds, Water, and Sewer.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

All homes in Woodmill Pond are 3 bedrooms with 2 and ½ bathrooms.  The ones built in 2007 have 2,076 sq. ft. of living area (under air conditioned space) while those built in 2010 are larger with 2,299 sq. ft.  There’s a clubhouse and a heated community swimming pool.  Up to two pets are allowed per unit and rentals are also permitted with some restrictions.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

Children living in Woodmill Pond attend Seawind Elementary, Murray Middle, and South Fork High schools.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

Very close to a number of golf courses as well as just minutes to historic downtown Stuart to the north and the Town of Jupiter to the south.  Also close to shopping, restaurants, beaches, boating facilities and medical services.

Search here for Woodmill Pond townhomes in Stuart FL

Woodmill Pond Townhomes in Stuart FL June 2018 Market Report