St Lucie County Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes Market Detail for March 2017 showed improved activity for the month. Closed sales were up by 11.6% (in February they were up by 5.1%) and new sales under contract (new pending sales) increased by 4.4% (they were down by 0.5% last month).

Prices continue to show very strong increases. The median and average sales prices up by 15.7% and 14.9% respectively from last March (For February these numbers were up 18.2% and 16.6%). While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 74 homes to 1,740 homes. This inventory is 8.0% lower than last year. The current supply of homes is at 3.9 months (was 4.1 months for February) This is 4.9% lower than last year. The St Lucie County single family home market remains a strong sellers market. A balanced market is one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
St Lucie County Single Family Homes March 2017 Market Detail

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 March 2017 Market Detail

The Princess of Hutchinson Island April 2017 Market Report

04.30.17 by Gabe Sanders

The Princess of Hutchinson Island April 2017 Market Report

As of April 2017, there are 6 active listings in the Princess of Hutchinson Island. List prices range from a low of $292,000 to a high of $375,000 for an average list price of $337,800 and an average cost per sq. ft. of living area of $240.71.

There are no condos under contract that have not closed as of this writing.

In the past 12 months, 16 condos have sold in the Princess. Sales prices ranged from $215,000 up to $470,000 for an average sales price of $310,650 or $218.64 per sq. ft. of living area. These condos were on the market for an average of 83 days before going under contract and sold for an average of 97% of the last list price.

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach. Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar. There’s tennis and bocce courts as well as trailer parking and a vehicle wash area.

The maintenance fees which include use of all facilities as well as exterior maintenance and insurance run from just under $500 a month to $700 a month depending on the size of the condo. The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

Search here for all available Princess of Hutchinson Island 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 Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Joes Point April 2017 Market Report

04.29.17 by Gabe Sanders

Joes Point April 2017 Market Report

As of April 2017 there are two homes for sale in Joes Point. List prices are $1,195,000 and $1,300,000 for an average list price of $1,247,500 which works out to $394.70 per sq. ft. of living area.

There is one home under contract. The list price was $1,195,000 or $505.93 per sq. ft. of living area. This home was on the market for 473 days before going under contract.

In the past 12 months, one home has sold in this waterfront community. The sales price was $$714,000 which equals $232.04 per sq. ft. of living area. This home went under contract in 72 days and sold for 90% of the list price.

One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point. Located on a private peninsula which juts to the north west into the mile wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County. Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee water way through the heart of Florida to the Gulf of Mexico by boat. This is a true boaters paradise. Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes. There is also a community RV/Boat storage area as well as a tennis court. HOA fees as of April 2017 were under $300 per month and include central water and sewer service.

Pets are welcome as well as having the ability to rent these homes. This is a gated community offering a high level of privacy on the shores of the Indian River. Beach access is across A-1-A in a private and HOA owned beach area.

Search here for any available Joes Point Homes for Sale

Twin Lakes Condo Market Report for April 2017

04.29.17 by Gabe Sanders

Twin Lakes Condo Market Report for April 2017

There are currently 8 condos available to purchase in the Twin Lakes community in Stuart FL. List prices range from $80,000 up to $119,900 for an average list price of $101,584 which equals $96.89 per sq. ft. of living area.

6 condos are currently under contract. List prices of these pending sales were from $82,900 up to $129,900 for an average of $113,933 or $107.01 per sq. ft. of living area. These condos averaged 36 days on the market before going under contract.

In the past 12 months 20 condos have sold in Twin Lakes. Sales prices ranged from $72,800 up to $114,500 for an average sales price of $100,372 which works out to $90.59 per sq. ft. of living area. These condos averaged 28 days on the market before going under contract and sold for an average of 95% of list price.

About the Twin Lakes Condo Community:

The Twin Lakes Condos of Stuart FL are located at 6531 SE Federal Highway in South Stuart, just north of the edge of Hobe Sound. There are just over 280 units in Twin Lakes. These condos were first built in 1973 through 1979 with the last phase having been completed in 1989. All condos are 2 bedroom two bathroom units in two story buildings. Interior square footage range from 977 up to 1,182.

One portion of this community is a 55 an over while the other is open to all ages. Both phases will accept one small pet. There is a community pool, clubhouse, tennis courts, shuffleboard courts and a pleasant area for those wishing to hike around the lakes.

The current Condo Association fees are $306 a month (as of April 2017) and these fees cover Building Insurance, Cable, Common Areas, Lawn Care, Maintenance Exterior, Manager, Master Antenna/TV, Pest Control, Pool Service, Reserve Funds and Trash Removal.

Children in the all ages section of twin Lakes attend Port Salerno Elementary School, Murray Middle School and South Fork High School.

There is ample reserved and guest parking and commercial vehicles, trucks and RV’s are not permitted. Rentals are OK with some restrictions.

Click here to view the available Twin Lakes condos listed in the Martin County MLS system

Martin County Townhouses and Condos March 2017 Market Detail

04.28.17 by Gabe Sanders

Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos Market Detail for March 2017 had a bit slower closed sales for the month as compared to last year, while new pending activity looks good. Closed sales for the month were down by 2.5% (was up by 1.0% in February) while new sales under contract (new pending sales) were up by 8.8% from March 2016 (decreased by 6.8% in February).

Prices were down again for March as the median sales price decreased by 13.0% (was down by 2.2% in February) while the average sales price decreased by 19.6% (was down by 14.4% in February) as compared to March of 2016. Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place. Though this market is till active.

The inventory of available townhouses and condos decreased by 26 units to 445 properties as compared to last month. This is 12.9% greater than the March 2016 inventory. Currently, there’s a 4.7 month supply of inventory (a 17.5% increase from last year which was 4.0 months). Still a sellers 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.

Click here to view or download the full report:
Martin County Townhouses and Condos March 2017 Market Detail

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 March 2017 Market Detail

Canopy Creek April 2017 Market Report

04.28.17 by Gabe Sanders

Canopy Creek April 2017 Market Report

There are currently 2 homes for sale in Canopy Creek in Palm City. Both are new construction homes from Kolter Homes. List prices are $674,900 and $824,900 for an average list price of $749,900 or $202.30 per sq. ft. of living area.

There are no homes currently under contract in Canopy Creek.

In the past 12 months, 9 Canopy Creek homes have sold. Sales prices ranged from $624,900 to $921,580 for an average sales price of $731,062 or $213.77 per sq. ft. of living area. These homes averaged 116 days on market prior to going under contract and the sales prices averaged 101% of the list price.

Canopy Creek Clubhouse

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 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.

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.

Martin County Single Family Homes March 2017 Market Detail

04.27.17 by Gabe Sanders

Martin County Single Family Homes March 2017 Market Detail

The Martin County Single Family Homes Market Detail for March 2017 continues to show gains from last year though not quite as robust as last month’s gains. Closed sales were up by 11.3% (was up by 17.8% in February). New pending sales decreased by 3.3% as compared to March of 2016 (Increased by 10.0% in February).

Prices continued to increase with the median sales price up by 8.7% from last year (up by 10.2% in February) while the average price increased by 8.0% (was up by 23.9% last month).

The inventory of available single family homes decreased from last month by 47 homes to 1,094 units for March, this is 1.5% greater than last March. Current supply of homes is 5.5 months, for March of last year it was a 5.2 months supply. (This is a 5.8% increase from last year). Still a sellers 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.

Click here to view or download the full report:
Martin County Single Family Homes March 2017 Market Detail

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 March 2017 Market Detail

PGA Verano Villa Sold

04.27.17 by Gabe Sanders

PGA Verano Villa Sold

Now Sold. 10205 SW Ambrose Way in the gated Verano community in PGA of Port Saint Lucie, FL 34986. This villa was listed for $269,900 and sold for $258,000. The buyer was introduced to this property by Gabe Sanders of Real Estate of Florida.

Like new only better! Picture perfect villa overlooking the canal in PGA village Verano! Close to the front gate and a short walk to beautiful Club Talavera which boasts over 40,000 sq. ft. of social and fitness area, pool & spa!

This Castellano Villa has 2 bedrooms, a den and 2 baths. This is a gently lived in villa which has beautiful porcelain tiles laid on the diagonal, granite counter tops, upgraded espresso cabinets, stainless steel appliance, crown molding throughout plus chair railing, plantation shutters throughout, French doors to the den, closet organizer in the master, leaded light front door, screened patio, hurricane impact glass throughout, 2 car garage plus room for a golf cart. It’s the perfect package!

For currently available Verano and PGA Village homes, call 772-888-2885

PGA Verano Villa Sold

The Courtyards at Willoughby April 2017 Market Report

04.26.17 by Gabe Sanders

The Courtyards at Willoughby April 2017 Market Report

There are 2 homes for sale in the Courtyards at Willoughby for April 2017. These homes are listed for $219,900 and $228,000 for an average of $223,950 which equals 129.72 per sq. ft. of living space.

There are 2 condos currently under contract. List prices were $159,900 and $169,000 for an average list price of $164,450 which is $143.25 per sq. ft. of living space. These condos were on the market for an average of 24 days before going under contract.

In the past 12 months, 3 condos have sold in the Courtyards of Willoughby with sales prices ranging from $144,500 to $215,000 for an average sales price of $183,500 and this equals $117.07 per sq. ft. of living space. These condos sold for an average of 98% of list price with an average of 104 days on market before going under contract.

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 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (April 2017) run from $350 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

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.

As of April 2017 there is only one active listing in the Courtyards at Willoughby. It is a 3 bedroom, 2 bath townhome with a two car garage. The list price is $195,000.

There are three pending listings. All are 2 bedroom units that were listed from $109,900 to $129,000 for an average list price of $115,966 which equals $98.78 per sq. ft. of living area. 2 of these homes are short sales.

In the past 12 months, there have been 7 sales in the Courtyards at Willoughby. Sales prices ranged from $103,100 to $179,900 for an average sold price of $129,750 which was $97.33 per sq. ft. of living area. There were no foreclosures and one shortsale in this group of sales.

Search Here for Courtyards at Willoughby Condos for Sale

The Courtyards at Willoughby April 2017 Market Report

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

Whitemarsh Reserve April 2017 Market Report

04.26.17 by Gabe Sanders

Whitemarsh Reserve April 2017 Market Report

In late April 2017 there are five homes available for sale in Whitemarsh Reserve. List prices range from $189,999 to $277,000 for an average list price of $245,200 or $134.43 per sq. ft. of living area.

There are 6 townhouses that are under contract. List prices for these pending sales are from $224,900 to $255,000 for an average list price of $237,450 which equals $121.89 per sq. ft. of living area. The average days on market for these homes was 37 days before going under contract.

In the past 12 months, 19 homes have sold in Whitemarsh Preserve. Sales prices ranged from $203,000 to $252,500 for an average sales price of $233,842 which is $115.16 per sq. ft. of living area. These homes averaged 49 days on market prior to going under contract and sold for an average of 96% of list price.

About the Whitemarsh Reserve Townhomes in Stuart FL:

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve town homes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012. The initial townhomes were larger than the last ones that were built. With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

This is a pet friendly community allowing up to one large dog. Rentals are also allowed with some restrictions. The HOA fee as of April 2017 was just over $140 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup and the manager.

Only minutes to I-95 for those wishing to commute either north or south. Only 30 minutes to West palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, variety of great restaurants, shopping, gorgeous beaches and recreational activities.

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve April 2017 Market Report

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

Florida Townhouses and Condos March 2017 Market Detail

04.25.17 by Gabe Sanders

Florida Townhouses and Condos March 2017 Market Detail

The Florida Townhouses and Condos Market Detail for March 2017 continued with strong sales activity. Closed sales were up by 11.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) increased by 7.1% (In February there was a 0.5% increase).

Values continued to increase though at a strong pace. Median sales prices were up by 9.4% (was up by 11.7% in February), while the average sales price increased by 10.7% (was up 8.5% in February). As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory decreased by 0.1% from March of last year. For March 2017 we have 6.3 months of inventory (was 6.4 months in February) and compared to 6.2 months for March 2016. We remain in a balanced market for Florida townhouse and condo sales but are drifting slowly towards a buyers market in the past year. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos March 2017 Market Detail

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 March 2017 Market Detail

The Falls of Jensen Beach April 2017 Market Report

04.25.17 by Gabe Sanders

The Falls of Jensen Beach April 2017 Market Report

For April 2017 there are 7 homes available for sale in the Falls of Jensen Beach. Listing prices range from $437,500 up to $699,000 for an average list price of $547,495 or $170.18 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed). The list price of this home is $449,000 or $165.26 per sq. ft. of living area. This home was on the market for 31 days prior to going under contract.

In the past 12 months, 11 homes have sold in the Falls of Jensen Beach. Sales prices ranged from $450,000 up to $639,000 for an average sales price of $507,695 which is equal to $163.84 per sq. ft. of living area. These homes averaged 128 days on market before going under contract and sold on average for 98% of listed price.

About 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 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.

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 re-sale 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.

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

The HOA fee (as of April 2017) is $232 per month and 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.

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

Those interested in new construction in the Falls, please call us for our special builder rebate program (772) 323-6996.

Florida Single Family Homes March 2017 Market Detail

04.24.17 by Gabe Sanders

Florida Single Family Homes March 2017 Market Detail

The Florida Single Family Homes Market Detail for March 2017 rebounded with increased activity from last March. Closed sales were up by 9.3% (were down by 0.5% in February) and new sales under contract (new pending sales) were up by 3.6% (were down by 2.0% in February).

Both the median and average sales prices continued to rise from March 2016 to March 2017. Up by 10.4% and 11.3% respectively, compared to February’s 12.5% and 9.5%.

The inventory of available homes for sale fell by 4.9% from last year. For March there was a 4.1 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (March of 2016 had a 4.4 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 is once again decreasing which continues to put pressure on rising prices and sales.

Click here to view or download the full report:

Florida Single Family Homes March 2017 Market Detail

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 March 2017 Market Detail

Atlantis Condos on Hutchinson Island April 2017 Market Report

04.24.17 by Gabe Sanders

Atlantis Condos on Hutchinson Island April 2017 Market Report

There are currently 7 condos on the market in the three Atlantis condo buildings.. List prices range from $214,000 to $297,000 for an average list price of $250,000 which equates to $227.06 per sq. ft. of living area.

There are 4 Atlantis condos that are under contract that haven’t sold to date. List prices are $182,500 and $299,000 for an average of $227,375 or a per sq. ft. price of $207.14. These 4 condos went under contract in an average of 160 days.

In the past 12 months, 13 condos have sold in Atlantis. Sales prices ranged from $163,500 to $300,000 with an average sales price of $222,069 or $201.26 per sq. ft. of living area. These condos sold in an average of 119 days and at an average of 95% of list price.

About Atlantis Condos:

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 bedroom 2 bathroom 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.

Condo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III. These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings. Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

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.

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

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

Hobe Sound FL 33455 Condo Market Report March 2017

04.23.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

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

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

There are currently 16 active condo listings. (Increased by 3 condos from February)

4 Condo is pending and awaiting close. (Down by 2 pending condos from February)

4 Condos sold in March. (Increased by 2 closed sales from February)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. There continues to be solid activity, though with such small numbers, trends are difficult to analyze.

The absorption rate for Hobe Sound condos decreased to 4.0 months for March (was 6.5 in February). A sellers market for Hobe Sound condos. Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The March 2016 numbers were: 5 active listings, 7 pending sales and 3 closed sales. Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2017

Pierpoint Yacht Club April 2017 Market Report

04.23.17 by Gabe Sanders

Pierpoint Yacht Club April 2017 Market Report

There are 4 active listings in Pierpoint for early April 2017. List prices range from a low of $94,888 up to a high of $178,500 for an average list price of $135,722 which equates to a per sq. ft. price of $111.22.

There are 4 condos currently under contract. These condos were listed from $109,900 up to $199,000 for an average list price of $159,700 or $126.69 per sq. ft. of living space. These condos averaged 78 days on the market before going under contract.

In the past 12 months, 13 condos have sold in Pierpoint. Sale prices ranged from $$87,000 to $229,900 for an average sales price of $134,338 which equals $106.38 per sq. ft. of living space. These condos were under contract in an average of 87 days and sold at an average of 95% of the list price.

About the Pierpoint Condos in Stuart FL:

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. First floor, end unit overlooking a peaceful courtyard and pond with a fountain. Clean, freshly painted, vacant unit just perfect for you!

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. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

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.

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 shuffle board 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.

As of April 2017 the condo fees in Pierpoint were $346.00 per month for a one bedroom condo and $367.00 per month for a two bedroom condo. These fees cover Basic Cable TV, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Manager, Pest Control, Recreational Facility, Roof Maintenance, Trash Removal, Water and Sewer.

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

Pierpoint Yacht Club April 2017 Market Report

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Hobe Sound FL 33455 Residential Market Report March 2017

04.22.17 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2017

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

There are currently 200 active listings. (Down by 33 homes from February)

102 Residential sales are pending and awaiting close (Up by 26 homes from February)

42 Homes Sold in March (Down by 8 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues with strong activity even though the inventory is starting to become an issue with it’s low levels.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 4.8 months (4.7 months in February). Still in a sellers’ 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 March 2016 were: 212 active listings, 105 pending sales and 56 closed sales. Slightly stronger activity last year, but this was with a bit more inventory as well.

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Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report March 2017

Orchid Bay Palm City FL April 2017 Market Report

04.22.17 by Gabe Sanders

Orchid Bay Palm City FL April 2017 Market Report

There are currently 2 homes listed for sale in Orchid Bay. List prices ar $$409,900 and $568,888, for an average list price of $489,394 which is $156.30 per sq. ft. of living area.

2 homes are under contract and awaiting sale. The list prices are $489,999 and $625,000 which average to $557,500 and is $190.60 per sq. ft. of living area. These three homes averaged 99 days on the market before going under contract.

In the past 12 months, 5 homes have sold in Orchid Bay. Sales prices ranged from $436,000 up to $637,500 for an average sold price $508,820 which works out to $171.94 per sq. ft. of living area. These 5 homes averaged 150 days on the market before the sellers accepted an offer and sold for an average of 98% of the listed price.

About Orchid Bay:

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 1990’s 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.

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.

HOA fees at the time of this writing (April 2017) 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.

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

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 Palm City FL April 2017 Market Report

Jensen Beach FL 34957 Condo Market Report March 2017

04.21.17 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

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

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

There are currently 129 active listings. (Increased by 6 condos from February)

54 Condo sales are pending and awaiting settlement. (Down by 5 condos from February)

25 Condos Sold (Up by 6 condos from February)

The Jensen Beach FL 34957 Condo Market Report for March showed a strong increase in sales but unfortunately pending sales were off a bit, indicating a potential for slower closed activity in the near future.

The one month absorption rate for the March 2017, Jensen Beach Florida Market Report ZIP Code 34957 declined to 5.2 months (from 7.7 months in February), back into a sellers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2016 numbers were: 25 active listings, 13 pending sales and 9 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Search for Jensen Beach FL Condos Here

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2017

Newer Stuart Home with Guest Cottage – Open House

04.21.17 by Gabe Sanders

Newer Stuart Home with Guest Cottage

Please join us on Tuesday April 25, 2017 for an open house at 316 SE Martin Ave. in Stuart FL 9:30 A.M to Noon.

Welcome to Casa Bella in the heart of Stuart FL. This is a custom designed 2014 2 bedroom, 2 and ½ bathroom home built to the highest standards on a double lot with a detached cottage featuring a full kitchen and bath. The main home features a chef’s kitchen with quartz counter tops, top of the line appliances with a 6 burner wolf gas range, ice maker, wine cooler and a large island. A beautiful master bedroom with wood inlays in the ceiling, spacious walk-in closet along with two additional smaller closets. The second bedroom also boasts a walk-in closet and has its own ensuite bathroom. A dedicated laundry room with top of the line Maytag washer and dryer included with the home. Spacious two car garage with many built ins and room for additional storage. A large open living area overlooks the covered patio and landscaped back yard with a gas powered fire pit.

The guest cottage was built in the 1960’s but was extensively updated in 2012 and a new roof was installed in 2016. This cottage has a full bath and kitchen along with two spacious closets and a Murphy bed that coveys with the property

There is a dedicated boat parking spot in the backyard and a gate to ensure ease of access for ingress and egress. Many fruit trees and lush landscaping is highlighted in this lovely outdoor space.

This home was constructed to exceed the latest City of Stuart building codes (2010). This home was designed to withstand 160 M.P.H. wind gusts with PGT Winguard hurricane and impact resistant windows. More information and the full home specs are available.

Just listed in Stuart FL real estate.

772-763-8506

St Lucie County Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes March 2017 Market Detail

The Princess of Hutchinson Island April 2017 Market Report

Joes Point April 2017 Market Report

Twin Lakes Condo Market Report for April 2017

About the Twin Lakes Condo Community:

Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos March 2017 Market Detail

Canopy Creek April 2017 Market Report

Martin County Single Family Homes March 2017 Market Detail

Martin County Single Family Homes March 2017 Market Detail

PGA Verano Villa Sold

PGA Verano Villa Sold

The Courtyards at Willoughby April 2017 Market Report

Whitemarsh Reserve April 2017 Market Report

About the Whitemarsh Reserve Townhomes in Stuart FL:

Whitemarsh Reserve April 2017 Market Report

Florida Townhouses and Condos March 2017 Market Detail

Florida Townhouses and Condos March 2017 Market Detail

The Falls of Jensen Beach April 2017 Market Report

About the Falls in Jensen Beach FL:

Florida Single Family Homes March 2017 Market Detail

Florida Single Family Homes March 2017 Market Detail

Atlantis Condos on Hutchinson Island April 2017 Market Report

About Atlantis Condos:

Hobe Sound FL 33455 Condo Market Report March 2017

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

Hobe Sound FL 33455 Condo Market Report March 2017

Pierpoint Yacht Club April 2017 Market Report

About the Pierpoint Condos in Stuart FL:

Pierpoint Yacht Club April 2017 Market Report

Hobe Sound FL 33455 Residential Market Report March 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2017

Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound FL 33455 Residential Market Report March 2017

Orchid Bay Palm City FL April 2017 Market Report

About Orchid Bay:

Orchid Bay Palm City FL April 2017 Market Report

Jensen Beach FL 34957 Condo Market Report March 2017

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

Jensen Beach FL 34957 Condo Market Report March 2017

Newer Stuart Home with Guest Cottage

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