Jensen Beach FL 34957 Residential Market Report March 2017

Jensen Beach FL 34957 Residential Market Report March 2017

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

 For March 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 203 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report March 2017

82 Residential sales are pending and awaiting close or lender approval. (Down by 14 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2017

58 Homes Sold (Up by 31 homes sale from February)

Jensen Beach FL 34957 Residential Market Report March 2017

The Jensen Beach FL 34957 Residential Market showed a very strong month for closed sales.  Pending sales dropped  a little but continue to be strong along with good inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 3.5 months ( was 7 months in February).  A very strong sellers market for March.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2016 numbers were: 124 active listings, 66 pending sales and 29 home sales closed.  Considerably greater inventory this year with a corresponding increase in both closed and pending sales.
Jensen Beach FL 34957 Residential Market Report March 2017

Search here for Jensen Beach Real Estate for Sale

Residential Properties

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report March 2017

Tesoro Golf Club Home Under Contract

Tesoro Golf Club Home Under Contract

146 SE Rio Angelica in the Tesoro Golf Club community of Port St. Lucie is now under contract.  This estate home is listed for $775,000.

Tesoro Club in Port St. Lucie

A custom designed and built Tesoro Golf Club home in immaculate condition. Dramatic private water and golf views are yours from this 2011 built executive’s homes with 26 ft. high ceilings in the foyer and living room. The Living room has a natural gas fireplace and has 2 stories of windows that let in the bright Florida sunshine. Custom ceiling detailing is found in the dining room, master suite, office and main guest bedroom. The home has fiber optic wiring for cable and hi speed internet. The solid wood cabinets found in the kitchen with granite counter tops are a chef’s delight, especially since the cooktop and water heaters in this home are fueled by natural gas. This home does not require a mandatory Tesoro Golf Club membership, though it is available for those with an interest.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

About the Tesoro Club in Port St. Lucie:

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

The centerpiece of the Tesoro club is a 100,000 plus square foot three story clubhouse overlooking a 120 acre lake.  This full service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

Tesoro Club in Port St. Lucie Tesoro Club in Port St. Lucie

In addition to the world class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full time ATP Tennis Director offering lessons, clinics and a full service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro Club in Port St. Lucie

For those needing more pampering there’s a full service spa and salon on premises.

Tesoro Club in Port St. Lucie

And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Tesoro Club in Port St. Lucie

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter acre lots.

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available re-sale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Palm City FL 34990 Condo Market Report March 2017

Palm City FL 34990 Condo Market Report March 2017

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

 

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



There are currently 95 active condo listings. (Increased by 3 condos from February)

   Palm City FL 34990 Condo Market Report March 2017

10 Condo sales are pending and awaiting close or lender approval. (Down by 1 condos from last month)

Palm City FL 34990 Condo Market Report March 2017

4 Condos Sold in March. (Down by 2 condos from February)

Palm City FL 34990 Condo Market Report March 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For March of 2017 activity decreased for both pending and closed sales and there’s quite a lot of room for improvement in this segment of the Martin County condo market.

The current absorption rate for condos in the 34990 zip code area jumped to 23.8 months (was 15.3 months in March). A very strong buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The March 2016 numbers were: 65 active listings, 15 pending sales and 4 closed sales.   Similar activity this year but with a much larger inventory.
Palm City FL 34990 Condo Market Report March 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report March 2017

Central Stuart Home on Mango Place Sold

Central Stuart Home on Mango Place Sold

1508 SE Mango Place in Stuart FL was listed for $350,000 and sold with the assistance of Gabe Sanders – Stuart Florida Real Estate for $330,000 to a long time Stuart resident returning to the area.

Stuart Vintage Home on Double Lot

Located in one of the most sought after neighborhoods in the historic Stuart area, this classic Florida home has it all with a wonderful vintage feel. Situated on a double lot, 110′ x 125′. Meticulously maintained inside and out with lush landscaping, mature fruit trees, a butterfly garden and a private back yard with plenty of room for a pool.

Stuart Vintage Home on Double Lot Stuart Vintage Home on Double Lot

Ride the bikes or go for a walk in the tree-lined, park-like neighborhood that you’ll love to call home. Cedar wood ceilings and recently re-finished, beautiful terrazzo floors add to the charm of this well preserved treasure. Conveniently located close to downtown for shopping / dining and the beaches for fun in the sun. Other features include; vintage cabinetry, large screened-in lanai porch, new metal roof in 2011, new carport and paver driveway and patio in 2008, storm shutters, storage area, 8 zone sprinklers, outside shower and a walk-in master shower.

Stuart Vintage Home on Double Lot Stuart Vintage Home on Double Lot

Search here for all central Stuart FL homes for sale

For additional information about Stuart FL real estate visit my website or give me a call at (772) 888-2885

Palm City FL 34990 Residential Market Report March 2017

Palm City FL 34990 Residential Market Report March 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for March 2017

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

 

There are currently 449 active listings (Increased by 4 homes from February)

Palm City FL 34990 Residential Market Report March 2017

165 Residential sales are pending and awaiting close or lender approval. (Up by 30 homes from last month)

Palm City FL 34990 Residential Market Report March 2017

81 Homes Sold in February (Up by 25 homes from February)

Palm City FL 34990 Residential Market Report March 2017

The Palm City FL, zip code 34990 residential real estate market was very strong for March of 2017 going back into a sellers market and also with a good increase in pending sales for future activity.
The monthly absorption rate dropped to 5.3 months from 7.9 months in February.  Back into a sellers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The March 2016 numbers were:  399 active listings, 179 pending sales and 80 closed sales.  Very similar activity to last March with a slightly lower pending volume and greater inventory.

Palm City FL 34990 Residential Market Report March 2017

 Search here for Palm City Florida Real Estate for Sale:

Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report March 2017

Suntide Oceanfront Condo 104 Sold

Suntide Oceanfront Condo 104 Sold

Suite 104 in Suntide has sold.  This condo was listed for $315,000 and sold for $312,500.  View more pictures and information about this condo here.

A spacious condo with just under 1,800 sq. ft. of living area in the Suntide Condominium of Stuart FL. This 2 bedroom, 2 bathroom condo has been well maintained and offers ample storage as well as plenty of flex room if you need more space for additional visitors. The enclosed patio offers great peeks at the Ocean and green space. This first floor condo also has additional storage, under building parking, community pool, sundeck, exercise room, clubhouse with kitchen and party area as well as billiards and a game room. All in a wonderful oceanfront location that is close to the Publix market as well as downtown Stuart.

Pool of Suntide Condo on Hutchinson Island Pool of Suntide Condo on Hutchinson Island

About Suntide Condos on Hutchinson Island

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building  is one of the premier ocean front condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Fitness Room in the Suntide Condo on Hutchinson Island Game room in the Suntide Condo on Hutchinson Island

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room than can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

Tennis Courts of Suntide Condo on Hutchinson Island Shufleboard Courts in Suntide Condo on Hutchinson Island

As of November 2016, condo fees in Suntide varied from $450 to $570 a month depending on the size of the condo. This fee includes Cable, Common Areas, Elevator, Insurance-Bldg, Lawn Care, Manager, Master Antenna/TV, Parking, Pest Control, Reserve Funds, Roof Maintenance, Sewer and Water.

Under Building Parking for the Suntide Condo on Hutchinson Island Pool of Suntide Condo on Hutchinson Island

Sundeck of the Suntide Condo on Hutchinson Island Suntide Condo on Hutchinson Island

Search for Suntide Condos on Hutchinson Island

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Hutchinson Island Real Estate is presented by:
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Stuart FL 34997 Condo Market Report March 2017

Stuart FL 34997 Condo Market Report March 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2017

For March 2017 in the 34997 Zip Code area of Stuart, Florida :

There are currently 75 active condo listings (Decreased by 5 condos from February).

Stuart FL 34997 Condo Market Report March 2017

44 Condo sales are pending and awaiting close or lender approval (Up by 12 condos from February).

Stuart FL 34997 Condo Market Report March 2017

18 Condos Sold in March (Decreased by 4 condos from February).

Stuart FL 34997 Condo Market Report March 2017

     The Stuart FL condo market for zip code 34997 was the only segment of the Stuart market with a slightly lower volume of closed sales, but this market remains quite active and looks to continue as a strong market for the rest of this spring.
     The absorption rate rose to 4.2 months in March from 3.4 months for February.  Still a sellers’ market for the 34997 zip code of Stuart FL.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The March 2016 numbers were: 75 active listings, 38 pending sales and 21 closed sales.  The only segment of the Stuart market with weaker closed sales than last year, but still strong activity and a good market.

Stuart FL 34997 Condo Market Report March 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for March 2017

Village of Stuart Condos April 2017 Market Report

Village of Stuart Condos April 2017 Market Report

For April 2017 there are 3 condos for sale in the Village of Stuart.  These condos were listed from $135,000 up to $143,315 for an average list price of $138,072 which is $115.06 per sq. ft. of living area.

There is one condo currently under contract.  The list price was $115,000 or $95.83 per sq. ft. of living area.  This condo went under contract 19 days after being listed.

In the past 12 months, 9 condos have been sold.  Sales prices ranged from a low of $75,200 up to $153,000 for an average sales price of $121,122 which equals $95.70 per sq. ft. of living area.  These condos sold for an average of 98% of the listing price and were on the market for an average of 25 days before going under contract.

About the Village of Stuart Condos:

     Village of Stuart Condos

This condo community located off Indian Street and Aster Lane in Stuart FL was built in 1982 and 1983 and features 144 condos in 18 two story buildings.  All of these condos are 2 bedroom, 2 bathroom units with 1,200 sq. ft. of living area and all buildings have 4 units upstairs and another four on the first floor.

Village of Stuart Condos

Amenities include a community pool and tennis court. And, as of April 2017 the condo fee is $265 per month.  This fee includes exterior maintenance and insurance as well as the management fees and maintenance of all common areas as well as trash pickup and water and sewer.  The Village of Stuart is pet friendly and allows up to two medium sized pets per unit and also allows rentals with restrictions on duration and frequency.

Village of Stuart Condos Village of Stuart Condos

All ages are welcome in this community.  Children currently attend J. D. Parker Elementary School, Dr. David L. Anderson Middle School and Martin County High School.

Village of Stuart Condos Village of Stuart Condos

This community is located just west of US-1 (Federal Hwy.) and has easy and quick access to shopping, restaurants and the beaches and also only a few minutes away to I-95 for those commuting from either north or south.

Click here for any available condos for sale in the Village of Stuart

Stuart FL 34997 Residential Market Report March 2017

Stuart FL 34997 Residential Market Report March 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for March 2017

There are currently 332 active listings (Decreased by 11 homes from February).

Stuart FL 34997 Residential Market Report March 2017

189 Residential sales are pending and awaiting close or lender approval (Up by 7 homes from February).

Stuart FL 34997 Residential Market Report March 2017

94 Homes Sold in March (Increased by 20 homes from February)

Stuart FL 34997 Residential Market Report March 2017

      The Stuart Florida Residential Market for ZIP Code 34997 continues with strong activity for the spring of 2017 with increases in both pending and closed sales.
     The absorption rate decreased to 3.5 months (was 4.6 months for February).  A very strong sellers’ market for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for March, were: 308 active listings, 175 pending listings and 78 closed sales.  Continued improved activity when compared to last March.
Stuart FL 34997 Residential Market Report March 2017

Search here for 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report March 2017

Osprey Creek April 2017 Market Report

Osprey Creek April 2017 Market Report

For April 2017 there were no homes listed in the Osprey Creek community of Martin Downs Country Club in Palm City FL.

There are also no homes currently under contract.

In the past 12 months, 2 homes have sold.  The sales prices were $190,000 and $202,500 which equals an average sale price of $196,250 or $122.14 per sq. ft. of living area.  These two homes were on the market for an average of 163 days before going under contract and sold for an average of 90% of list price.

About Osprey Creek in Martin Downs Country Club

Osprey Creek in Martin Downs Country Club

The Osprey Creek section of Martin Downs Country Club has 41 homes located on the Martin Downs Country Club Golf Course. Homes consist of both 2 and 3 bedroom single family homes ranging in size from 1,714 to 1,542 square feet of living area. All of the homes include a single car garage. As of January, 2017 the HOA fees were $240 per month. These fees include security, landscaping and lawn maintenance, exterior pest control, trash pickup and basic cable TV service.

Osprey Creek in Martin Downs Country Club Osprey Creek in Martin Downs Country Club

Martin Downs is a guard gated community that offers memberships for golf, tennis and social. Two large pools, workout room, Tiki Sports Bar and Main Dining Room. A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.

Search for Osprey Creek Homes For Sale

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Stuart FL 34996 Condo Market Report March 2017

Stuart FL 34996 Condo Market Report March 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2017

For March 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 148 active condo listings (Down by 5 condos from last month).

Stuart FL 34996 Condo Market Report March 2017

58 Condo sales are pending and awaiting close or lender approval (Increased by 2 condos from February).

Stuart FL 34996 Condo Market Report March 2017

36 Condos Sold in March (Up by 17 condos from February) 

Stuart FL 34996 Condo Market Report March 2017

The Stuart FL 34996 Condo Market of Stuart showed a continued reduction of available condos for sale (inventory) while sales and pending sales both rose.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.1 months from February’s 8.1 months.  Back into a sellers market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2016 were: 114 active listings, 53 pending sales and 29 closed sales.  Much stronger market this year when compared to last March.

Stuart FL 34996 Condo Market Report March 2017

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report March 2017

Sawgrass Villas Palm City April 2017 Market Report

Sawgrass Villas Palm City April 2017 Market Report

For April 2017 there are no townhomes available for sale in the Sawgrass Villas community of Palm City Florida.

There is one townhome that is under contract.  The list price was $204,900 which is $126.40 per sq. ft. of living area.  This home was on the market for 15 days before going under contract.

In the past 12 months 8 homes have sold.  Sales prices ranged from $197,000 up to $227,500 for an average sales price of $212,063 which works out to $116.21 per sq. ft. of living area.  These homes sold for 96% of list price and averaged 31 days on market before going under contract.

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City

Built in 2005, the Sawgrass Villas of palm City are one of the few newer affordable townhome style condos in the area.  There are 52 units with two different floor plans.  All are 3 bedroom, 2 bathroom with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones.  With a rare exception all of these townhouses have a 1 car garage.

Sawgrass Villas in Palm City

Great location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south.

Sawgrass Villas in Palm City Sawgrass Villas in Palm City

The HOA fees (March 2017) are a very reasonable $365 per month as this includes building maintenance and insurance, landscaping, trash pickup, Cable TV,  and exterior pest control.

Sawgrass Villas in Palm City

Live the easy maintenance and worry free life in these solid concrete townhomes featuring hardi-plank siding and metal roofs.

Click here to search for Sawgrass Villas homes for sale

 

Stuart FL 34996 Residential Market Report March 2017

Stuart FL 34996 Residential Market Report March 2017

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

 

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

 

There are currently 167 active listings (Up by 1 homes from February).

Stuart FL 34996 Residential Market Report March 2017

58 Residential sales are pending and awaiting close or lender approval (Down by 3 homes from February).

Stuart FL 34996 Residential Market Report March 2017

36 Homes Sold in March (Increased by 24 homes from February).

Stuart FL 34996 Residential Market Report March 2017

The 34996 zip code area of the Stuart Florida residential real estate market continued to pick up for March 2017 with a large increase in closed sales and still strong pending sales even if off by a few homes from last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March dipped to 4.6 months as compared to February’s 13.8 months.  Transitioning back into a strong sellers market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for March of 2016 were: 163 active listings, 51 pending sales and 23 closed sales.  Better activity this year as compared to last March.

Stuart FL 34996 Residential Market Report March 2017

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

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report March 2017

Legacy Cove Lakefront Pool Home Under Contract

Legacy Cove Lakefront Pool Home

1256 SE Illusion Isle Way in the Legacy Cove community of Stuart FL is now under contract.  This home was listed for sale for $419,000.

Legacy Cove Lakefront Pool Home

A lovely lakefront, 3 bedroom plus den/office/4th bedroom on cul de sac is a tropical jewel w oversized heated pool & spa, covered porch & southeasterly exposure for balmy breezes on extended fenced patio. Popular Caracus model w open floor plan w formal dining & living rooms. Gourmet kitchen w breakfast bar & morning room opens to a large family room w double sliders to custom pool, spa & patio. Pantry, pullouts, granite, 42 ” cabinets w pullouts, double ovens, 5 burner counter top range, for easy Florida living & entertaining. Light ‘n bright lakefront views, high flat ceilings, columns, diagonal tile t/out & high level laminate. Spacious master suite with a roomy walk in closet, l has French door to patio/pool & spa. Luxury bath suite w Roman tub, separate walk in glass shower, double vanities. 3 way split bedroom plan.

Legacy Cove Lakefront Pool Home Legacy Cove Lakefront Pool Home

Quiet cul d sac street w curbs and sidewalks, and only a short walk to the large community center with pool, library, basketball, tennis & clubhouse for the entire community or book for your private events. Gated community with all newer homes near downtown historic Stuart, ocean beaches, golf, hospitals, & I95, is mid-way to 2 regional Malls. Almost all appliances are new. This is a true “Florida Dream Home”.

Legacy Cove Lakefront Pool Home

Legacy Cove Lakefront Pool Home Legacy Cove Lakefront Pool Home

About Legacy Cove:

Search here for Legacy Cove Homes for Sale

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of Cove Road in Stuart, Florida.  Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005.  The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007.  Some homes are yet to be completed in Cove lakes.

There’s a wide variety of homes in Legacy Cove, ranging for the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to  4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two story homes with almost 4,000 square feet of living area.  And many sizes in between.

Legacy Cove boasts a community pool and club house with a fitness center as well as two hard surfaced tennis courts.  Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling.  Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school and Martin County high school.

The HOA fees are very reasonable at $233.00 per month (as of January 2017).  These fees include Cable, Common R.E. Tax, Lawn Care and Management Fees.  Management of the community is through First Service Residential.

Residents of Legacy Cove in Stuart Florida enjoy a relaxing life style with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

Search here for Legacy Cove Homes for Sale

Stuart FL 34994 Condo Market Report March 2017

Stuart FL 34994 Condo Market Report March 2017

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

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

 

There are currently 88 active condo listings (Down by 13 condos from February).

Stuart FL 34994 Condo Market Report March 2017

38 Condo sales are pending and awaiting close or lender approval. (Increased by 10 condos from last month) 

Stuart FL 34994 Condo Market Report March 2017

21 Condos Sold in March (Down by 2 condos from February).

Stuart FL 34994 Condo Market Report March 2017

The Stuart FL 34994 Condo market continues to get stronger with an increase in closed sales and continued strong pending numbers as well.  Unfortunately the inventory has gone down reducing the number of available condos for this segment of the Stuart condo market.

The absorption rate for March dropped to 4.2 months compared to last month’s 4.9.  Drifting into a stronger sellers’ 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 March the numbers were 96 active listings, 38 pending sales, and 15 closed sales.  Similar number of pending sales with an increase in completed sales and a lower inventory for this March when compared to last year.

Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 – Condo, March 2017

Fairwinds Cove Condos in Jensen Beach April 2017 Market Update

Fairwinds Cove Condos in Jensen Beach April 2017 Market Update

Fairwinds Cove Condos in Jensen Beach, FL., Market Update for April 2017:


There are currently no active listings on the market in Fairwinds Cove on Hutchinson Island in Jensen Beach for April 2017.

There are also no condos currently under contract at this time.

In the past 12 months, 7 condos have sold ranging in sales prices from $159,900 to $203,000 with an average sales price of $180,486 which is $157.71 per square foot and a list to sales price ratio of 92%.   These condos averaged 49 days on market before going under contract.

Fairwinds Cove Condos in Jensen Beach

Aerial View of Fairwinds Cove

Fairwinds Cove Condos in Jensen Beach

Entrance to Fairwinds Cove

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).
Fairwinds Cove Condos in Jensen Beach

Pool at Fairwinds Cove

Fairwinds Cove Condos in Jensen Beach

Docks of Fairwinds Cove

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with full kitchen, meeting room, fitness room, billiards and more.  Fairwinds Cove also has deeded docks with great access to fishing, water sports and only a few minutes to the crystal clear waters of the Atlantic Ocean.

Fairwinds Cove Condos in Jensen Beach

Fairwinds Cove

Fairwinds Cove is a non-age restricted community that allows one small pet.  There is a strong sense of community with many long time seasonal and full time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach  as well as the many amenities offered in Martin County, Florida.

Fairwinds Cove Condos in Jensen Beach

Fitness Room of Fairwinds Cove

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

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

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

There are currently 69 active listings (Decreased by 5 homes from February)

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

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

 Stuart Florida Market Report ZIP Code 34994 Residential March 2017

15 Homes Sold in February (Up by 5 homes from February)

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continued to improve with both pending sales and closed sales increasing for the month of March.

The one month absorption rate for the 34994 zip code for March dropped to 4.6 months from 6.8 months for February.  Transitioning into a strong sellers market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2016 numbers were 62 Active Listings, 33 pending sales and 15 closed sales.  Very similar activity to last year.

Stuart Florida Market Report ZIP Code 34994 Residential March 2017

Search here for Stuart Florida Real Estate for Sale

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

Stuart, FL Real Estate

Business Opportunity Properties

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Stuart Florida Market Report ZIP Code 34994 Residential March 2017

Hidden River in Palm City FL – April 2017 Market Report

Hidden River in Palm City FL – April 2017 Market Report

There are no active listing in Hidden River in Palm City for early April 2017.

There are also no homes under contract at this time in the Hidden River community

In the past 12 months only 1 home has sold in Hidden River.  The sales price was $667,000 or $253.52 per sq. ft. of living area.  This sale was at 97% of the list price and went under contract after 4 days of being on the market.

About Hidden River in Palm City FL

Hidden River real estate in Palm City FL

This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good sized boats.

Hidden River real estate in Palm City FL

This is a non-deed restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Hidden River real estate in Palm City FL

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

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The Estuary – April 2017 Market Report

The Estuary – April 2017 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2017 market report for this gated community:

Homes

There are 2 homes for sale in the Estuary.  List prices are $729,000 and $1,200,000 for an average list price of $964,500 or $387.06 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 homes have sold in the Estuary.  Sales prices ranged from $278,400 up to $625,000 for an average sales price of $432,467 or $201.78 per sq. ft. of living area. These homes sold for an average of 93% of list price and went under contract in an average of 25 days.

Condos

There are 2 condos currently available in the Estuary.  List prices are $156,000 and $169,900 for an average list price of $162,950 which is $135.71 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 13 condos have sold in the Estuary.  Sales prices were from $119,500 to $151,000 for an average sales price of $137,731 which works out to $122.00 per sq. ft. of living area.  These four condos averaged 97 days on market and sold for an average of 92% of the last list price.

About the Estuary

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos, to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.
The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

Different sections of the Estuary include well appointed 2 and 3 bedroom condos with pool and lake views.  A select number of condos have mile wide river views of the Saint Lucie River.  An inland section of varying styles, sizes and shapes of homes built from the early 1980’s and also called River Shores Plantation.  In 2002, a section of the Estuary was added with villas and smaller single family homes on Tillia Trail with their own community pool.  Larger single family homes were also added at this time along Estuary Court, Plumbago Trail and the western section of NW 21’st Terrace.  This section also boasts a community dock suitable for good sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

 Search here for the Estuary of Stuart Homes

Search The Estuary Condos For Sale

The Estuary – April 2017 Market Report

Sewalls Point Single Family Market Report March 2017

Sewalls Point Single Family Market Report March 2017

Sewalls Point Real Estate Snapshot, Residential Sales for March 2017

 

There are currently 66 active listings (Down by 1 home from last month)

Sewalls Point Single Family Market Report March 2017

21 home sales are pending and awaiting close or lender approval (Increased by 6 homes from February)

Sewalls Point Single Family Market Report March 2017

9 Homes sold in February (Increased by 4 homes sales from February)

Sewalls Point Single Family Market Report March 2017

The single family real estate market in Sewalls Point showed one of the best months in quite some time with increases in closed sales as well as homes under contract.

The absorption stayed at 7.3 months, in February it was 16.8 months.  Still a buyers’ market but getting close to a balanced one.  One of the better months in some time for Sewalls Point real estate.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to March 2016, the inventory was 70 homes on the market, 14 pending sales and there were 6 closed sales.  Considerably better activity this year.

Sewalls Point Single Family Market Report March 2017

 Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report March 2017