Palm City Farms December 2016 Market Report

Palm City Farms December 2016 Market Report

There are currently 62 homes on the market in Palm City Farms.  Listing prices range from $59,000 to $5,495,000.  The average list price works out to $746,697 (median $564,950) which is a per square ft. of living area price of $283.19 (median $196.85).

There are currently 7 homes under contract awaiting settlement.  Listing prices ranged from $139,000 to $649,000 for an average of $357,086 which equals $142.78 per sq. ft. of living area.  These homes averaged 148 days on the market prior to going under contract.

In the past 12 months, 97 homes have sold in Palm City Farms with sales prices ranging from $32,295 to $1,010,000 for an average sales price of $327,983 or $139.01 per sq. ft. of living area. These sales averaged for 96% of the last listed price and were under contract in an average of 108 days after being listed.

 


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


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

For additional information about Palm City Farms please contact us.

Search for all Palm City farms, Florida Homes and Land for Sale

Palm City Farms December 2016 Market Report

Admiralty Condos Palm City FL December 2016 Market Report

Admiralty Condos Palm City FL December 2016 Market Report

As of December 2016, there there are 5 condos on the market in the Admiralty Condos.   Prices range from $575,000 to $935,000 with the average list price being $700,600 which equals $269.20 per sq. ft. of living area.

There are no condos currently under contract and awaiting settlement.

In the past 12 months, 4 Admiralty condos have sold.  The sales prices ranged from $380,000 to $720,000 for an average sales price of $564,400 or $246.63 per sq. ft. of living area.  These condos sold for an average of 95% of the most recent listing price and were on the market for an average of 127 days prior to an accepted offer that led to the sale.

 

The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven.  Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the saint Lucie River with perfect sunrise views.  The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.
With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.
Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size.  There are five buildings which make up the Admiralty condo complex in Palm City, Florida.  Three of which were built in 1989-1990.  The two newer buildings were completed in 2005.  These condos offer unparalleled luxury and spaciousness for the price.  Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.
The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

Search here for:

Admiralty Condos Homes for Sale in Palm City Florida

Admiralty Condos Palm City FL December 2016 Market Report

Just Listed in Vista Pines – Affordable Updated Condo

Just Listed in Vista Pines – Affordable Updated Condo

Vista Pines Condos in Stuart FL

Fabulous first floor 1 bedroom and 1 and a half bathroom condo in Vista Pines that has been completely updated with a newer kitchen, AC and hot water heater.  Newer ceramic tile floor and closet treatments.   Available for purchase at $65,000.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Superior location that is within walking distance of restaurants, boutiques, shopping, grocery shopping and, doctors.  And only a short drive (or bike ride) to downtown Stuart or the beaches.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island.  Also, close to restaurants, grocery stores and medical facilities that are within walking distance for many.

 Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Vista Pines condos were first built in 1970 and the last one was completed in 1973.   All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1 bedroom units.  Buildings are situated to maximize privacy and for serene views of green space.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista Pines and this is an age restricted (55+) community.  The HOA fees as of August 2014 were from the low $200’s for a 1 Bedroom unit to just over $300 per month for 2 Bedroom condos.

  Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Search for currently available condos in Vista Pines

Just Listed in Vista Pines – Affordable Updated Condo

The Gift of a New Home

The Gift of a New Home

christmas-wreath

As we all begin the long and involved process of shopping for the Christmas season, we may find ourselves challenged to come up with just the right gift for just the right person on our holiday gift giving list. Should the gifts that you bestow on friends and family this year take the form of electronics, baked goods, handmade tokens of your great and deepest affection, or a new house?

That’s correct, you read it right. If you currently have both the desire and the means to indulge in such a major investment, then the gift of a new home is perhaps the most personal and meaningful gift that you can give anyone on your Christmas list this year, up to and including….

1. Your spouse. If you and your spouse have been looking to relocate, and you know that he/she has a specific type of home in mind, then you might consider purchasing the house just before the holidays—then slipping the front door key inside their Yuletide stocking as it hangs by the fireplace. Or, even better yet, take them for a drive to see some homes that have been brightly decorated for Christmas—including your new place! This is one Christmas that the two of you will never forget!

2. Your children. The gift of a new home just may be the ultimate expression of familial love; and at different times throughout the course of your life, you might find reason or cause to gift your offspring with this life-changing token of your love and devotion. You and your spouse might surprise the kids with the news that you’re about to affect a new and exciting change of scene in your family. Or at a later date, you might buy a home that they themselves will inhabit with their own new and growing family—or perhaps just occupy themselves.

3. Your parents. Often when people reach a certain level of success in life, they may choose to give back to the people who raised and educated them. They may choose even to buy a place for their parents to rest and retire; finding the ultimate was to say “Thank you” for all that Mom and Dad have done for them. And if these precious people in their lives need a little extra care, they might even choose to buy a large house in which the whole family can live. You might as well make it a holiday house!

If you’re looking to give such a wonderful gift in or around Stuart, FL, give me a call.

Spacious Palm City Pool Home New price

Spacious Palm City Pool Home New price

A large pool home on over 1 acre and 4000+ sq. ft. of living area in Canoe Creek is now available for $449,000 from Gabe Sanders of real estate of Florida.

Canoe Creek real estate in Palm City FL Palm City FL real estate

Spacious 4BR, 3.5 Bath pool home.  Perfect home for those looking to live in large rooms on an over an acre lot with minimum HOA rules and low fees. This home features a huge family/great room with exposed wooden beams with a fireplace and a wet bar. There’s a large den/office that leads into a spacious master bedroom.  The master bath has dual vanities on granite counters with separate tub and shower as well as a private entrance to the spacious back yard.  The kitchen has been recently upgraded to granite counters and mostly stainless appliances as well as new tile. There are 3 additional bedrooms one of which has an en suite bath.  Large screened lanai and an over sized pool.

Canoe Creek real estate in Palm City FL

Canoe Creek real estate in Palm City FL Canoe Creek real estate in Palm City FL

Canoe Creek in Palm City is a wonderful family community filled with 107 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Canoe Creek real estate in Palm City FL Canoe Creek real estate in Palm City FL

Canoe Creek real estate in Palm City FL

Click here to see all current Canoe Creek homes for sale in Palm City

 Spacious Palm City Pool Home New price

Plantation House Condos Indian River Plantation December 2016 Market Report

Plantation House Condos Indian River Plantation December 2016 Market Report

There is one condo for sale in the Plantation House of Hutchinson Island.  This condo is listed for $515,000 or $344.71 per sq. ft. of living area.

There are no currently pending sales in the Plantation House.

One condo has sold in the Plantation House in the past 12 months.  The sales price was $345,000 or $276.22 per sq. ft. of living area.  This condo sold for 91% of the last listed price and went under contract 106 days after going on the market.

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

The Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft.  All units have Ocean Views.   There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Current condo and management fees are around $567 per month.

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Plantation House condos for Sale

Other 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, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

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

Plantation House Condos Indian River Plantation December 2016 Market Report

Sunset Trace Palm City December 2016 Market Update

Sunset Trace Palm City December 2016 Market Report

As of December 2016, there is only 1 active townhome for sale in Sunset Trace.  Listed for $140,000 or $113.27 per square foot of living area.

There are 2 homes under contract and awaiting settlement.  The listing prices were $135,000 to $142,000 for an average list price of $138,500 which equals $112.06 per sq. ft. of living area.  These homes were on the market for an average of 4 days prior to going under contract.

In the past 12 months, 14 homes have sold in Sunset Trace.  Sales prices ranged from $96,439 to $140,000 for an average sales price of $120,231 which equals $97.16 per sq. ft. of living area.  These homes sold for an average of 96% of their final list price and went under contract in an average of 25 days of being on the market.

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

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

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

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

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City December 2016 Market Report

Plantation Club Villas Indian River Plantation December 2016 Market Report

Plantation Club Villas Indian River Plantation December 2016 Market Report

There are 2 active listings in the Plantation Club Villas of Hutchinson Island.  List prices are $272,000 and $314,900 for an average list price of $293,450 which is $222.61 per sq. ft. of living area.

There are no currently pending sales in the Plantation Club Villas.

3 condos have sold in the Plantation Club Villas in the past 12 months.  The sales prices were from $269,000 and $308,000 which averages to $284,000 and $212.22 per sq. ft. of living area.  These condos sold for 92% of the last listed price and were on the market for an average of 94 days before receiving an accepted offer.

About the Plantation Club Villas

The Plantation Club Villas condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL lie next to the pro shop for the golf course.  These units were built in 1987 and most have views of lakes, golf course or private preserves.

Plantation Club Villas on Hutchinson IslandThere are 48 two bedroom two bath condos ranging in size from 1,188 sq. ft. of living area up to 1,430 sq. ft.  The Plantation Club Villas is a four story elevator building and has the convenience of under building parking for residents.

Plantation Club Villas on Hutchinson Island

Current condo and management fees are around $367 per month.

Plantation Club Villas on Hutchinson IslandIndian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Plantation Club Villas on Hutchinson Island

Click here to view available Plantation Club Villas for Sale

Search for Martin County Real Estate

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

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

Plantation Club Villas Indian River Plantation December 2016 Market Report

 

 

St Lucie County Single Family Homes October 2016 Market Detail

St Lucie County Single Family Homes October 2016 Market Detail

St Lucie County Single Family Homes Market Detail for October 2016 continues to have reduced sales activity from last year.  Closed sales were down by 24.5% (in September they were down by 6.6%) and new sales under contract (new pending sales) decreased by 8.9% (they were down by 11.5% last month).

Prices, however, continue their upward march at strong rates.  The median and average sales prices up by 12.0% and 13.4% respectively from last October (For September these numbers were up 10.0% and 10.6%).  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 increased by 14 homes to 1,685 homes.  This inventory is 8.2% higher than last year.  The current supply of homes is at 3.8 months (3.4 months for October of 2015)  This is 11.8% greater than last year.  The St Lucie County single family home market remains in a very strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes October 2016 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes October 2016 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 October 2016 Market Detail

Gabe’s December 2016 HouseCalls Newsletter

Gabe’s December 2016 HouseCalls Newsletter

Click on the image below to view or download my December 2016 HouseCalls Newsletter:

gabes-december-2016-housecalls

Click here to download the full PDF of our December 2016 HouseCalls Newsletter

You can see all the past issues here:

HouseCalls Archive

Search here for Stuart Florida Real estate

Gabe’s December 2016 HouseCalls Newsletter

Martin County Townhouses and Condos October 2016 Market Detail

Martin County Townhouses and Condos October 2016 Market Detail

Martin County Townhouses and Condos Market Detail for October 2016 showed a dramatic drop in sales.  Closed sales were down for the month by 46.9% (was down by 3.2% in September) while new sales under contract (new pending sales) were down by 23.7% from October 2015 (decreased by 16.8% in September).

Prices were also down for October as the median sales price decreased by 1.7% (was up by 6.5% in September) while the average sales price decreased by 14.7% (was down by 4.0% in September) as compared to October of 2015.  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 increased by 41 units to 405 properties as compared to last month.  This is 17.7% greater than the October 2015 inventory.  Currently, there’s a 4.3 month supply of inventory (a 30.3% increase from last year).  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.

Martin County Townhouses and Condos October 2016 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos October 2016 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 October 2016 Market Detail

Harborage Yacht Club November 2016 Market Report

Harborage Yacht Club November 2016 Market Report

For November 2016 there are 14 active listings in the Harborage Yacht Club with list prices ranging from $139,900 up to $289,900 for an average list price of $185,972 which comes out to $157.30 per sq. ft. of living area.

There are 3 condos under contract.  The list prices of these pending condos range from $99,900 to $299,900 for an average list price of $229,900 which equals $168.45 per sq. ft. of living area.  These condos were on the market for an average of 183 days before going under contract.

In the past 12 months, 6 condos have sold.  Sales prices were from $130,000 up to $275,000 for an average sales price of $172,083 which equals $143.10 per sq. ft. of living area.  These condos sold on average at 89% of list price and took an average of 121 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida

Harborage Yacht Club in Stuart Florida
Harborage Yacht Club in Stuart Florida

Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.

The Harborage Yacht Club and Marina consists of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006.  Completely sold out at it’s unveiling, many units are currently available at deeply discounted prices.

Harborage Yacht Club in Stuart FloridaHarborage Yacht Club in Stuart FloridaThe marina consists of 150 deep water docks available for rent for both owners and visitors to the beautiful Treasure Coast. Amenities include a state of the art 3 story yacht club, with the exclusive Harbor Grille restaurant, a completely equipped professional fitness center with sauna and spa, infinity edge pool and spa, and much, much more.

Yacht club membership is included for all residents and limited memberships are available for non-residents at this time. Recent changes to the HOA fees have had a negative effect on sales in Harborage with the current fees exceeding $1,000 a month.  This includes a great many amenities and for the price of newer waterfront units it November just be worth it for the right buyer.

Search for available Condos in the Harborage Yacht Club

Martin County Single Family Homes October 2016 Market Detail

Martin County Single Family Homes October 2016 Market Detail

The Martin County Single Family Homes Market Detail for October 2016 continues to show reduced sales volume when compared to last years figures, yet don’t mistake this as a weak market, as it remains quite robust.  Closed sales were down by 10.7% (was down by 9.2% in September). New pending sales decreased by 0.6% as compared to October of 2015 (Decreased by 1.6% in September).

For October there were mixed signals about prices with the median sales price rising by 0.9% from last year (up by 12.4% in September) while the average price decreased by 12.1% (was down by 8.1% last month).   Typically this is a result of higher prices in the lower valued range of home sales and fewer sales in the luxury market.

The inventory of available single family homes increased from last month by 19 homes to 1004 units for October,  this is 3.9% greater than last October.  Current supply of homes is 5.1 months, for October of last year it was a 4.6 months supply. (This is a 10.9% 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.

Martin County Single Family Homes October 2016 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes October 2016 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 October 2016 Market Detail

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

As of November 2016 there are 4 available townhomes in the Ocean Bay Villas community on Hutchinson Island, FL.  List prices are from $349,000 up to $$450,000, for an average list price of $408,438 or $170.72 per sq. ft. of living area.

There is 1 townhome under contract.  This home was listed for $429,000 or $197.60 per sq. ft. of living area and was on the market for 881 days prior to going under contract.

There have been 5 closed sales in the past 12 months.  Sales prices ranged from $367,000 to $445,000 which averages to $396,500 and is equal to $152.91 per sq. ft. of living area.  These homes sold for an average of 95% of list price and  averaged 77 days on market before going under contract.

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave for only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three story luxury town home style residences with elevators and modern updated interiors.

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool and spa.  A true resort style lifestyle that can be yours everyday.

Search for all Available Ocean Bay Villas on Hutchinson Island in Stuart Florida
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Hutchinson Island Florida Real Estate is presented by:
the Gabe Sanders real estate team

November 2016 Market Report for Ocean Bay Villas on Hutchinson Island

Florida Townhouses and Condos October 2016 Market Detail

Florida Townhouses and Condos October 2016 Market Detail

The Florida Townhouses and Condos Market Detail for October 2016 showed continued weakness as compared to last year for sales.   Closed sales were down by 12.3% as compared to last months decrease of 3.9% and new sales under contract (new pending sales) decreased by 14.5% (In September there was a 5% decrease).

Values, however, continued to increase though at a more moderate pace.  Median sales prices were up by 8.1% (was up by 6.7% in September), while the average sales price increased by 0.5% (was down 2.9% in September).  As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate.

The inventory increased by 8.2% from October of last year.  For September 2016 we have 5.9 months of inventory (was  5.8 months in September) and compared to 5.3 for October 2015.  We are approaching a balanced market for Florida townhouse and condo sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos October 2016 Market Detail

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 October 2016 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 October 2016 Market Detail

Angler Cove Condo Under Contract

Angler Cove Condo Under Contract

1456 NE Ocean Blvd. Suite 8-201 listed for $269,900 is now under contract with the buyer being represented by Gabe Sanders – Stuart Florida real estate.

Angler Cove Condo

A Hutchinson Island hidden gem and boaters paradise in Anglers Cove. This condos features poured concrete floors and ceilings, renovated with hard wood floors and tile, new appliances in 2012, new A/c and Water Heater in 2014, Plantation shutters, plus added loft above kitchen with spiral staircase. Included with the sale is boat slip # 8 with a 10,000 LB boat lift, which will accommodate an approximately 23ft boat. Plus there’s deeded beach access directly across the street, Pet Friendly with 2 pets of any size permitted, Pull down attic storage, plus, owners storage room, heated Pool and Clubhouse!

Angler Cove Condo Angler Cove Condo

About Angler Cove Condos:

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 10 buildings amd 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Angler Cove Condos on Hutchinson Island

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida get-away for those cold winters up north!

Condo association fees vary depending on unit size, but are roughly $500 to $575 per month. (as of November 2016).  The fees include maintenance and insurance for the common areas and Basic Cable TV, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer and building maintenance and insurance.

This is a pet friendly complex allowing for up to two large pets per unit and rentals are permitted with some restrictions.

 Angler Cove Condos on Hutchinson Island

Search for all Anglers Cove Condos for Sale

 

the Gabe Sanders real estate team

Stuart Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Angler Cove Condo Under Contract

Should I Stay or Should I Go?

Should I Stay or Should I Go?

open-house

If you are planning an open house, you as a home owner may find yourself humming the chorus of that old classic Clash song, “Should I Stay or Should I Go?”

Why? Well for one, the Clash is totally awesome. For another, you as an individual making a concerted effort to sell your home may be wondering if you should stay on site for the occurrence of your open house event; or if in fact you should hightail it to a restaurant, shopping mall or movie theater for the duration of the event. Well before you answer that question, you first must resolve several others:

1. What is the opinion of your real estate agent? You just knew we’d mention that one, didn’t you? It is important, though, to consult your Realtor about whether or not you should remain with them on site at the home, or whether you should—to use the most technical terminology possible—vamoose.

2. Do you have kids and pets? If so, leave as quickly as possible—and take them with you! Seriously, though; the answer to this question depends entirely on the age and temperament of both your kids and your pets. Do your pets bite? Do your small children bite? Are both properly house trained? If your children and your animals are well behaved and unobtrusive, then it would be probably be fine to remain with them in the home for the duration of your open house. Otherwise, you may wish to leave and take them with you throughout the event.

3. Are you prepared to answer questions about your home? As a home owner, people will naturally approach you with questions about any and all aspects of your residence. Are you willing and prepared to answer them, in all honesty and to the best of your ability?

4. Are you prepared to hear criticisms of your home? If you stay on site for the duration of your open house, then you may overhear some not so nice things about your house. Even the most beautiful, well-kept residence may garner criticism from particular home buyers; some of which they may say behind your back but within your earshot, while other comments might be stated directly to your face. Either way, be prepared for them. And try your darnedest not to deck the guy.

Once you answer all of these questions, then you should be able to determine whether to stay—or whether to go!

 

Florida Single Family Homes October 2016 Market Detail

Florida Single Family Homes October 2016 Market Detail

The Florida Single Family Homes Market Detail for October 2016 showed weaker sales activity from last year.  Closed sales were down by 5.3% (was down by 0.5% in September) and new sales under contract (new pending sales) were down by 7.1% (was down by 4.8% in September).

Both the median and average sales prices, though, continue to rise from October 2015 to October 2016.  Up by 11.7% and 6.4% respectively, compared to September’s 11.3% and 6.8%.  I continue to predict the rate of price increases to moderate in the near future if sales continue to slow and  this should also result in a rise of inventory.

The inventory of available homes for sale fell by 3.2% from last year.  For October there was only a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (October of 2015 had a 4.3 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Single Family Homes October 2016 Market Detail

Click here to view or download the full report:

Florida Single Family Homes October 2016 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 October 2016 Market Detail

Sailfish Point November 2016 Market Report

Sailfish Point November 2016 Market Report

Sailfish Point Homes:  There are 24 homes available to purchase in Sailfish Point.  These homes are available for purchase for prices ranging from $789,000 up to $7,999,900 for an average list price of $3,087,367 which equals $453.15 per sq. ft. of living area.

There are 3 homes currently pending sales.  List prices range from $695,000 up to $1,695,000 for an average list price of $1,346,667 or $388.41 per sq. ft. of living area.  These homes averaged 69 days on the market before going under contract.

In the past 12 months, 20 homes have sold in Sailfish Point.  Sales prices raged from $600,000 up to $9,000,100 for an average sales price of $2,489,140 which works out to $343.08.  These homes sold for an average of 87% of the final list price and also averaged 201 days on market before going under contract.

Sailfish Point Condos:  There are 20 condos available to purchase in Sailfish Point.  These condos are available for purchase for prices ranging from $575,000 up to $2,250,000 for an average list price of $964,070 which equals $362.36 per sq. ft. of living area.

There is one condo currently under contract.  The list price was $725,000 or $262.49 per sq. ft. of living area.  This condo was on the market for 132 days prior to accepting an offer.

In the past 12 months, 9 condos have sold in Sailfish Point.  Sales prices raged from $550,000 up to $1,490,000 for an average sales price of $880,222 which works out to $$309.32 .  These homes sold for an average of 90% of the final list price and also averaged 123 days on market before going under contract.

About Sailfish Point on Hutchinson Island

Sailfish Point is a true world-class facility for everyone, with special emphasis for golfers and boaters. Almost completely surrounded by tropical waters this wonderful community has earned the reputation of being one of Florida’s most exclusive private residential enclaves on one of the world’s most naturally beautiful settings.

Located directly on the Atlantic Ocean adjacent to the St. Lucie Inlet at the Southern tip of Hutchinson Island makes Sailfish Point a truly unique community. Situated on 532-acres with only 520 homes there’s ample room for privacy and nature’s beauty.   The lucky residents of Sailfish Point can enjoy five miles of pristine Atlantic shoreline, a Jack Nicklaus “Signature” golf course, elegant full service beachfront country club with tennis, fitness center and more and a full-service deep water marina with immediate ocean access.

In addition to the private homes, there are a few spectacular waterfront town homes and a number of spacious ocean and inlet facing condominiums.

Some Sailfish Point benefits include:

  • 24-hour manned gated entry, security staff is on duty 24/7
  • Jack Nicklaus Signature Golf Course
  • 60,000 square foot oceanfront clubhouse
  • The community pool features swim lanes, a hot tub and a separate splashing area for the kids.
  • The Tennis Center includes eight Har-Tru® courts (five lighted), and two full-time tennis pros as well as a stocked pro shop.
  • The full-service, private Marina and Yacht Club offers 77 deep water slips and can accommodate vessels up to 125 feet long.  This protected marina is only minutes from the Inlet and just a quick day’s sail to the Bahamas.
  • The Fitness Center offers the very latest in cardiovascular and weight-training machines, and free weights. Personal trainers are available to provide a complete fitness evaluation and workout regimen and classes in Pilates, yoga, spinning, dance, jazzercise and general fitness are offered.
  • The private, luxurious Sailfish Point spa offers specialty massages, body treatments, facials, manicures, pedicures, makeup, nail services and complete hair care.

Search here for all Sailfish Point Real Estate in Stuart Florida

 

Sailfish Point November 2016 Market Report

Hobe Sound FL 33455 Condo Market Report October 2016

Hobe Sound FL 33455 Condo Market Report October 2016

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2016

 

For October 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 6 active condo listings. (Up by 1 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2016

1 Condos are pending and awaiting close. (Down by 2 pending condos from September)

Hobe Sound FL 33455 Condo Market Report October 2016

1 Condos sold in October. (Decreased by 2 closed sales from September)

Hobe Sound FL 33455 Condo Market Report October 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For October, 2016 the absorption rate is 6 month (it was 1.7 months in September).  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 October 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 October 2015 numbers were: 4 active listings, 0 pending sales and 3 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Hobe Sound FL 33455 Condo Market Report October 2016

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2016