Riverbend at IRP November 2017 Market Report

In November of 2017, there is only 1 condo for sale in the Riverbend community of Indian River Plantation. This condo has a list price of $424,000 or $282.67 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 6 condos have sold. Sales prices ranged from $320,000 up to $480,000 for an average sales price of $395,167 which equals $251.29 per sq. ft. These units sold for an average of 96% of list price and averaged 191 days on market prior to going under contract.

About Riverbend in Indian River Plantation

The Riverbend condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of five three story elevator buildings close to the Marriott Resort and full service marina in Indian River Plantation. These units were built between 198 and 1989 with many condos having magnificent wide water views of the Intracoastal Waterway also knows as the Indian River and others with sweeping views of the Indian River Plantation Golf Course and lakes.

There are 86 spacious condos with a mix of three bedroom, three bathroom condos of 1,950 sq. ft. and two bedroom two bath condos ranging in size from 1,366 or 1,735 sq. ft. of living area. This is a pet friendly building with up to two large pets permitted. Riverbend residents enjoy their own community pool for Riverbend resident’s exclusive use. Covered parking is also a plus with either under building parking or private detached garages.

Current condo and management fees are from $1,560 to 1,890 per quarter depending on the size of the condo.

Click here to view available Riverbend Condos for Sale

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

Search Hutchinson Island Homes For Sale

Individual Indian River Plantation Condos you may wish to consider:
Bayview, Beachwalk, Dunes Club, Fairway Villas, Inlet Village, Lakeside, Ocean House, Ocean Terrace, Plantation Club Villas,Plantation House, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House –Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View –Sailfish Point – Sandpebble – Seaside – Suntide

Riverbend at IRP November 2017 Market Report

Stuart FL 34996 Residential Market Report October 2017

11.17.17 by Gabe Sanders

Stuart FL 34996 Residential Market Report October 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2017

For October 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 129 active listings (Unchanged from September).

30 Residential sales are pending and awaiting close or lender approval (Up by 11 homes from September).

5 Homes Sold in October (Decreased by 1 homes from September).

The 34996 zip code area of the Stuart Florida residential real estate rebounded some for October mostly with strong pending sales. Closed sales remain weak. Much of this may be attributed to Hurricane Irma which shut down real estate for a little over a week last month. Some of October’s activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that have continued.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October jumped to 25.8 months as compared to September’s 65 months. Still a strong buyer’s market for the 34996 zip code area of Stuart FL but trending in the right direction. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October of 2016 were: 174 active listings, 25 pending sales, and 15 closed sales. Considerably better closed activity from last year but with a much larger inventory.

Stuart FL 34996 Residential Market Report October 2017

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

Search here for real estate in the 34996 Zip Code of Stuart FL

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Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report October 2017

Island Club Condos November 2017 Market Report

11.17.17 by Gabe Sanders

Island Club Condos November 2017 Market Report

In late November 2017 there were no condos available for sale in the Island Club on Hutchinson Island which is also sometimes called the Hutchinson Island Club.

There are also no condos currently under contract.

In the past 12 months, 8 condos have sold. Sales prices ranged from $232,000 up to $560,000 for an average sales price of $334,625 which is equal to $209.98 per sq. ft. These units sold for an average of 96% of list price and averaged 62 days on market prior to going under contract.

About the Island Club Condos in Jensen Beach FL:

The Island Club Condos of Jensen Beach are also known as the Hutchinson Island Club. This one of a kind condo building was built in 1977 just to the south of the Waveland Public beach on Saint Lucie County to the north of the Jensen Beach Causeway. There are 92 residences in this 11 story building.

The Island Club is unique because it features spectacular ocean views from floor to ceiling windows in all units. All of these condos are also considerably larger than your average oceanfront offering with a number of 2 story 3 bedroom plus den, 3 bathroom condos of 2,524 sq. ft. not including the balconies as well as roomy 2 bedroom, 2 bath condos with 1,452 sq. ft. of living area. Some units have a detached one car garage. Though there is reserved parking and ample guest parking for all.

Amenities in the Island Club are a heated a pool, Jacuzzi, fitness room, kitchen, social area, billiard room, library, bar, BBQ grills, gazebo, sauna and shuffleboard courts. All of this for just over $600 a month condo fees plus some for larger units and those that come with a one car garage.

Sorry, no pets are permitted in the Island Club, but rentals are allowed with some restrictions.

If you’re in the market for unparalleled views from a spacious home on the ocean, the Hutchinson Island Club may be the perfect spot for you.

Click here for currently available Island Club Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – 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

Island Club Condos November 2017 Market Report

Stuart FL 34994 Condo Market Report October 2017

11.16.17 by Gabe Sanders

Stuart FL 34994 Condo Market Report October 2017

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2017

For October 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 92 active condo listings (Up by 19 condos from September).

28 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month)

14 Condos Sold in October (Unchanged from September).

The Stuart FL 34994 Condo market showed an unexpected jump in inventory for October. Sales remained low with an icrease in pending sales. Some of October’s activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that have continued.

The absorption rate for October increased to 6.6 months compared to last month’s 5.2. Now into a balanced market for this condo segment of Stuart’s 34994 zip code area. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months. Meaning neither the buyers or sellers have an advantage in the real estate market.

Last October the numbers were 93 active listings, 30 pending sales, and 14 closed sales. Very similar activity to last October.

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

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Stuart FL 34994 Condo Market Report October 2017

Stuart Florida 34994 Residential Market Report October 2017

11.15.17 by Gabe Sanders

Stuart Florida 34994 Residential Market Report October 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for October 2017

For October 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 76 active listings (Unchanged from September)

27 Residential sales are pending and awaiting close or lender approval (Increased by 6 homes from last month).

12 Homes Sold in September (Increased by 4 homes from September)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded some from the previous month’s slower hurricane impacted activity.

The one month absorption rate for the 34994 zip code for October decreased to 6.3 months from 9.5 months for September. Bringing the 34994 zip code area of Stuart, FL back into a balanced market. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The October 2016 numbers were 56 Active Listings, 32 pending sales, and 16 closed sales. Better sales and pending activity last year even though the inventory was smaller. Some of this year’s activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week in September with ripple effects that continued longer.

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

Search here for Stuart Florida Real Estate for Sale

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