Conquistador Market Update November 2016

Conquistador Market Update November 2016

Homes:  There are no homes currently on the market in Conquistador Estates.

There are also no homes currently under contract.

In the past 12 months, 2 homes have sold in Conquistador Estates with sales prices of $270,000 and $390,000, which is an average sales price of $330,000 or $152.12 per sq. ft. of living area.  These sales averaged a sales price of 98% of list price and went under contract in an average of 1 days after hitting the market.

Condos:  There are currently 5 condos for sale in Conquistador.  Listing prices range from $95,000 to $229,000.  The average list price is $150,400 which equals $131.95 per sq. ft. of living area.

2 Condos are under contract awaiting settlement.  List prices were $113,000 and $154,900 for an average of $133,950 which works out to 123.32 per sq. ft. of living area.  These condos were on the market for an average of 39 days prior to going under contract.

In the past 12 months, 21 condos have sold in Conquistador.  Sales prices ranged from $80,000 to $180,000.  The average sales price was $131,214 which equals a per sq. ft. value of $118.96, and these sales averaged a 95% list to sales ratio as well as going under contract in an average of 149 days.

Conquistador homes and condos are in the the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

 Conquistador is a mix of single family homes (the estates section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main club house pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Homes in Conquistador

Search for available Condos in Conquistador

 For any questions you may have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Conquistador Market Update November 2016

Gabe’s November 2016 HouseCalls Newsletter

Gabe’s November 2016 HouseCalls Newsletter

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

Gabe's November 2016 HouseCalls Newsletter

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

You can see all the past issues here:

HouseCalls Archive

Search here for Stuart Florida Real estate

Gabe’s November 2016 HouseCalls Newsletter

Lost River Plantation October 2016 Market Report

Lost River Plantation October 2016 Market Report

As of October 2016, there are 5 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $559,000 up to $750,000 for an average price of  $672,300 which equals $227.24 per sq. ft. of living area.

There are no homes currently under contract in Lost River.

In the past 12 months, there have been 5 sales ranging in sales prices from $490,000 to $792,000 for an average sales price of $661,400 which comes out to $232.00 per sq. ft. of living area.  Sales prices averaged 96% of the last list price and these homes were on the market for an average of 209 days prior to accepting these offers.

 Lost River Plantation October 2016 Market Report

Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep draft ocean going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

Lost River Plantation October 2016 Market ReportLost River Plantation October 2016 Market Report

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen and social rooms.  For those wishing to commute to pints north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and  quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

Lost River Plantation October 2016 Market ReportLost River Plantation October 2016 Market Report

Search for all Lost River Plantation Homes for Sale in Stuart Florida
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Lost River Plantation October 2016 Market Report

 

September 2016 Monthly Market Detail St Lucie County Single Family Homes

September 2016 Monthly Market Detail St Lucie County Single Family Homes

September 2016 Monthly Market Detail St Lucie County Single Family Homes showed reduced sales activity from last September.  Closed sales were down by 6.6% (in August they were up by 8.3%) and new sales under contract (new pending sales) decreased by 11.5% (they were down by 15.1% last month).

Prices, however, continue their upward march at strong rates.  The median and average sales prices up by 10.0% and 10.6% respectively from last September (For August these numbers were 18.7% and 20.2%).  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 57 homes to 1,671 homes.  This inventory is 11.0% higher than last year.  The current supply of homes is at 3.7 months (3.3 months for September of 2015)  This is 12.1% 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.

September 2016 Monthly Market Detail St Lucie County Single Family Homes

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

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.

September 2016 Monthly Market Detail St Lucie County Single Family Homes

The Lakes at St Lucie West Just Sold

The Lakes at St Lucie West Just Sold

Just sold by Gabe Sanders in the Lakes at St Lucie West for $230,000.  I represented the buyer for the sale of this very well presented pool home in Port St. Lucie.

The Lakes at St Lucie West

Spectacular 3 bedrooms, 2bath, 2car garage turnkey ready home situated in the beautiful ”The Lakes” at St. Lucie West. Home features: 10ft ceilings,20×20 ceramic tile, 36’inc cabinets w/crown molding, granite counter tops in kitchen with backslash and bathrooms, sky lights, stainless steel appliances, ceiling fans w/remote control, new washer and dryer, pocket sliding doors, accordion shutters, crown molding door frames, central vacuum system, 8,000 watts backup generator, Alarm system, newly screened pool deck, In ground pool, fenced backyard, new pool motor with pool vacuum, 2009 new roof w/gutters, 2009 A/C, 2012 water heater, 2009 new garage door. Centrally located less than 3 miles from shopping centers, theaters, restaurants, I95 and much more

The Lakes at St Lucie West The Lakes at St Lucie West

The Lakes at St Lucie West The Lakes at St Lucie West

For more information and for assistance in buying or selling on Florida’s Treasure Coast please visit my web site:

www.GabeSanders.com

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Townhouses and Condos had reduced sales volume and prices for September as compared to last year, yet still remains a very active market.  Closed sales were down for the month, decreased by 3.2% (was up by 4.8% in August) while new sales under contract (new pending sales) were down by 16.8% from September 2014 (decreased by 8.7% in August).

Prices were mixed for September as the median sales price increased by 6.5% (was down by 9.3% in August) while the average sales price decreased by 4.0% (was down by 8.2% in August) as compared to September of 2015.  Typically this split indicates a greater number of sales in the lower priced ranges and slower movement in the higher priced segments.

The inventory of available townhouses and condos decreased by 13 units to 364 properties as compared to last month.  This is 11.3% greater than the September 2015 inventory.  Currently, there’s a 3.7 month supply of inventory (an 11.3% increase from last year).  Still a strong 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.

September 2016 Monthly Market Detail Martin County Townhouses and Condos

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

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.

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Single Family Homes

September 2016 Monthly Market Detail Martin County Single Family Homes

The September 2016 Monthly Market Detail Martin County Single Family Homes continues to show reduced sales volume when compared to last years figures, yet remains a strong market.  Closed sales were down by 9.2% (was down by 9.1% in August). New pending sales decreased by 1.6% as compared to September of 2015 (Decreased by 7.8% in August).

For September there were mixed signals about prices with the median sales price rising by 12.4% from last year (up by 0.5% in August) while the average price decreased by 8.1% (was up by 2.2% 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 decreased from last month by 14 homes to 985 units for September,  this is 8.7% greater than last September.  Current supply of homes is 5.0 months, for September of last year it was a 4.3 months supply. (This is a 16.3% 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.

September 2016 Monthly Market Detail Martin County Single Family Homes

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

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.

September 2016 Monthly Market Detail Martin County Single Family Homes

Montego Cove October 2016 Market Report

Montego Cove October 2016 Market Report

There are 5 condos for sale in Montego Cove in October 2016.  List prices range from $159,900 up to $227,000 for an average list price of $195,660 which works out to $123.64 per sq. ft. of living area.

There is only one condo under contract awaiting the finalization of the sale.  The list price is $169,000 or $112.22 per sq. ft. of living area.  This condo was on the market for 131 days before going under contract.

In the past 12 months, 13 condos have sold in Montego Cove.  Sales prices ranged from $145,000 up to $240,000 for an average sales price of $200,269 which equals $121.86 per sq. ft. of living area.  These condos averaged 75 days on market before accepting the final offer and sold for an average of 96% of the last listed price.

About the Montego Cove Condos in Stuart FL

Montego Cove Condos in Stuart FL

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total 182 units  that are mostly 2 bedroom, 2 bathroom condos and a few 3 bedroom ones and one 1 bedroom condo.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove Condos in Stuart FL

This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard and a clubhouse. This is a 55 and over age restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Montego Cove Condos in Stuart FL

There is abundant green space and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove Condos in Stuart FL

An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities as well as professional services are also only a short distance away.

Montego Cove Condos in Stuart FL

As of June 2016 the Condo fee is $410 per month.  This includes the maintenance, insurance and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos for sale

September 2016 Monthly Market Detail Florida Townhouses and Condos

September 2016 Monthly Market Detail Florida Townhouses and Condos

The September 2016 Monthly Market Detail Florida Townhouses and Condos had a weaker month for sale activity as compared to last year.   Closed sales were down by 3.9% as compared to last months increase of 3.3% and new sales under contract (new pending sales) decreased by 5% (In August there was a 6.1% decrease).

Price changes were mixed this month with the median prices rising while average prices declined..  Median sales prices were up by 6.7% (was also up by 6.7% in August), while the average sales price decreased by 2.9% (was up 3.4% in August).  As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate.

The inventory increased by 9.3% from September of last year.  For August 2016 we have 5.8 months of inventory (was also 5.8 months in August) and compared to 5.1 for September 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.

September 2016 Monthly Market Detail Florida Townhouses and Condos

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:
September 2016 Monthly Market Detail Florida Townhouses and Condos

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.

September 2016 Monthly Market Detail Florida Townhouses and Condos

Beau Rivage October 2016 Market Report

Beau Rivage October 2016 Market Report

For October 2016, there are 4 homes for sale in Beau Rivage.  List prices range from $339,000 up to $859,900 for an average list price of $474,700 or $181.90 per sq. ft. of living area.

There are 2 homes under contract which haven’t completed their sale.  List prices for these homes were $189,900 and $224,900 for an average list price of $207,400 which works out to $133.63 per sq. ft. of living area.  These homes averaged 34 days on the market before going under contract.

In the past 12 months, 13 homes have sold in Beau Rivage.  Sales prices ranged from $185,000 up to $850,000.  The average sales price was $370,362 which equaled $163.76 per sq. ft. of living area.  These homes averaged 93 days on market before going under contract and sold for an average of 96% of the last list price.

About Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates in Stuart FL

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family and Florida rooms. Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary school and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Search for Beau Rivage Homes for Sale

September 2016 Monthly Market Detail Florida Single Family Homes

September 2016 Monthly Market Detail Florida Single Family Homes

The September 2016 Monthly Market Detail Florida Single Family Homes showed slightly weaker sales activity from last year.  Closed sales were down by 0.5% (was up by 8.2% in August) and new sales under contract (new pending sales) were down by 4.8% (was down by 1.1% in August).

Both the median and average sales prices, though, continue to rise from September 2015 to September 2016.  Up by 11.3% and 6.8% respectively, compared to August’s 12.6% and 9.3%.  I expect the rate of price increases to moderate of sales continue to slow and if inventory begins to rise.

The inventory of available homes for sale fell by 1.6% from last year.  For September there was only a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (September 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.

September 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

September 2016 Monthly Market Detail Florida Single Family Homes

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.

September 2016 Monthly Market Detail Florida Single Family Homes

Admiral Condos October 2016 Market Report

Admiral Condos October 2016 Market Report

As of October 2016 there are no condos available to purchase in the Admiral on Hutchinson Island in Jensen Beach FL.

There are also no condos under contract at this time.

Int he past 12 months, 2 condos have sold in the Admiral.  Sales prices were $288,645 and $305,000 for an average sales price of $296,823 which equals $198.16 per sq. ft. of living area.  These two condos went under contract in an average of 144 days and sold for an average of 100% of the listed price.

About the Admiral Condominium at Island Dunes

The Admiral Condominiums at Island Dunes on Hutchinson Island in Jensen Beach FL is a high rise building with 104 condos that was built in 1983.  Residents of the Admiral belong to the Island Dunes Country Club which offers a challenging nine hole golf course golf course on the on the banks of the wide Indian River, a championship tennis club , a pro shop, a deep water marina and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.

The Admiral Condominium at Island Dunes

Condos in the Admiral range from 3 bedroom, 3 bathroom units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedroom, 2 bathroom condos with 1,377 sq. ft.  The current condo association fees (March 2016) range from 2,300 to 3,000 a quarter depending on the size of the condo.  These fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

All units have wonderful ocean views while many also have sweeping views of the Intracoastal (Indian River) as well as the Island Dunes golf course.  There’s also a private beach access as well as barbecue facilities.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

Wonderful amenities are included such as a full first floor common area with kitchen and space for parties, a game room, fitness center and sauna.  The Admiral is a pet free building. Rentals are allowed with restrictions.

The Admiral Condominium at Island Dunes

For those wishing to experience true resort style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.

Click on this link for the currently available Admiral Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Hobe Sound FL 33455 Condo Market Report September 2016

Hobe Sound FL 33455 Condo Market Report September 2016

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

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

There are currently 5 active condo listings. (Up by 1 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2016

3 Condos are pending and awaiting close. (Down by 2 pending condos from August)

Hobe Sound FL 33455 Condo Market Report September 2016

3 Condos sold in September. (The same number of closed sales from August)

Hobe Sound FL 33455 Condo Market Report September 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 September, 2016 the absorption rate is 1.7 month (it was 1.3 months in August).  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 September 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 September 2015 numbers were: 2 active listings, 4 pending sales and 2 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 September 2016

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2016

Beacon 21 Jensen Beach October 2016 Market Report

Beacon 21 Jensen Beach October 2016 Market Report

There are currently 7 condos for sale in Beacon 21 in Jensen Beach FL.  These condos have listing prices from $89,000 to $110,000 for an average list price of $103,214 which equals $94.39 per sq. ft. of living area.

3 Condos are currently under contract.  These condos had list prices from $74,850 up to $144,500 for an average list price of $106,450 or $93.97 per sq. ft. of living area.  These condos averaged 47 days on the market before going under contract.

In the past 12 months 26 condos have sold in Beacon 21.  Sales prices ranged from $59,000 up to $130,000 for an average sales price of $86,014 which works out to $77.17 per sq. ft. of living area.  These condos averaged 56 days on the market before going under contract and sold for an average of 95% of the last listed price.

About: Beacon 21 Condos in Jensen Beach

Beacon 21 Condos in Jensen Beach

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

Beacon 21 Condos in Jensen Beach

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

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

Beacon 21 Condos in Jensen Beach

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

HOA fees vary from $200 to $450 a month depending on the location and size of the condo.  Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school and the Jensen beach high school.

Beacon 21 Condos in Jensen Beach

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

Search for available Beacon 21 condos in Jensen Beach

Hobe Sound FL 33455 Residential Market Report September 2016

Hobe Sound FL 33455 Residential Market Report September 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2016

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

There are currently 193 active listings. (Up by 21 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2016

64 Residential sales are pending and awaiting close  (Down by 25 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2016

47 Homes Sold in September (Down by 1 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County returned to just very active from a red hot August.  Hobe Sound remains a very strong segment of the Martin County real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.1 months (2.9 months in August).  Still in a strong sellers market for Hobe Sound residential sales.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2015 were:  162 active listings, 89 pending sales and 32 closed sales.  Better closed volume for this year while last year showed better pending activity.  All, with a somewhat higher inventory this year.

Hobe Sound FL 33455 Residential Market Report September 2016

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report September 2016

Hummingbird Place October 2016 Market Report

Hummingbird Place October 2016 Market Report

There are currently two homes available for sale in Hummingbird Place.  These homes are listed for $399,000 and $419,990 for an average list price of $409,495 or $202.11 per sq. ft. of living area.

There is one home under contract awaiting settlement and was last listed for $399,000 or $208.14 per sq. ft. of living area.  It was on the market for 56 days prior to accepting this offer.

In the past 12 months, 3 homes have sold in Hummingbird Place.  Sales prices ranged from $395,000 up to $425,000 for an average sales price of $405,000 or $186.98 per sq. ft. of living area.  These homes averaged only 20 days on the market before going under contract and sold for 98% of the last listed price.

About: Hummingbird Place in Stuart FL

Hummingbird Place in Stuart FL

Hummingbird Place is a small gated community of 19 homes in North Stuart FL located on Britt Rd and in close proximity to the Treasure Coast Mall and the US-1 shopping area of Jensen Beach FL.  This community was built between 2010 and 2014.  All homes are in the Key West style and offer homes of just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to 2,500 sq. ft. homes with 4 bedrooms and 3 baths.

Hummingbird Place in Stuart FL

Low HOA fees of $200 a month (as of October 2016) include maintenance and upkeep for the common areas and gate as well as lawn care for each home.   All ages are welcome and pets are allowed.  There are restrictions to commercial vehicles that are not parked inside the garage overnight.

Children living in the Hummingbird subdivision attend Felix A Williams Elementary School, Stuart Middle School and Jensen Beach High School.

Hummingbird Place in Stuart FL

Those looking for quality newer construction in a great area may want to consider Hummingbird Place.

Check here to see if any Hummingbird Place homes are available to purchase.

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2016

For September 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 115 active listings. (Increased by 3 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

37 Condo sales are pending and awaiting settlement. (Down by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

17 Condos Sold (Down by 8 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2016

 For the Jensen Beach FL 34957 Condo Market Report September 2016 had another increase in available condos for sale (inventory) along with a decrease in sales activity.  A typical result for this condo market as we are considered to be in the off season for condos.

The one month absorption rate for the September 2016, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.7 months (from 4.3 months in August), moving the Jensen Beach condo market into a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The September 2015 numbers were: 22 active listings, 12 pending sales and 6 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.

Jensen Beach FL 34957 Condo Market Report September 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2016

Be Ready to Show and Sell

Be Ready to Show and Sell

Home selling

So you’re ready to buy a new home; to start a new and exciting phase of your life in what just may be the house of your dreams.

First, though, you have to sell your current place of residence; and doing so will take just a bit of steady and ongoing effort on your part to show off your current residence to its best effect.

You might begin the selling process by conducting a thorough cleaning and even remodeling of your current residence. And while this is a great idea, you also should work to maintain the beauty and order of your home for the duration of the selling process.

Think of it this way. The moment that you put your house up for sale, you technically begin to share it with any number of potential buyers; people who will be in and out of the home from now until the point that one of them (or so we hope) signs a contractual promise to buy the home. So with that in mind, here are a few ways to keep your home in sellable condition—up to and until it actually sells.

1. Spot clean. If you notice any spots, splotches or stains anywhere in your home, make it a point to clean and clear them right away. Your Realtor, after all, could call or visit at any moment to arrange a showing of your home. Make sure that you—and your home—are ready.

2. Organize. Throughout the course of a standard week, even the neatest houses become gathering places for discarded daily newspapers, books and work/school papers that have been cast aside, and common trash items that range from sandwich bags to candy bar wrappers. Make sure that you collect these items before they hit the ground, disposing those that are no longer needed and organizing and storing those that still have value.

3. Take care of your lawn. First impressions mean a lot; and when potential buyers pull up in front of your home, the first thing that they likely will see is your front lawn. So trim, mow and rake this area on a regular basis, also taking care to keep your driveway and sidewalks clean and in good order.

4. Take care of the basics. Be sure at all times that your carpet is vacuumed, your dishes are done and put away, and that your trash has been collected and taken to the curb. All of these small steps can add up to a big first impression for potential buyers; one that just might lead to the swift and successful sale of your home.

Jensen Beach FL 34957 Residential Market Report September 2016

Jensen Beach FL 34957 Residential Market Report September 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2016

 For September 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 169 active listings. (Up by 2 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2016

78 Residential sales are pending and awaiting close or lender approval. (Increased by 11 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2016

32 Homes Sold (Up by 1 home sales from August)

Jensen Beach FL 34957 Residential Market Report September 2016

The Jensen Beach FL 34957 Residential Market showed increased activity for September after last month.  Both pending and closed sales numbers were higher along with a small increase in inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 edged down to 5.3 months ( was 5.4 months in August).  Still a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2015 numbers were: 119 active listings, 61 pending sales and 31 home sales closed.   Better closed and pending activity this year, but this is with a far greater number of available homes.
Jensen Beach FL 34957 Residential Market Report September 2016

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Jensen Beach FL 34957 Residential Market Report September 2016

Palm City FL 34990 Condo Market Report September 2016

Palm City FL 34990 Condo Market Report September 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2016

For September 2016 in the 34990 Zip Code area of Palm City, Florida :



There are currently 71 active condo listings. (Increased by 10 condos from August)

   Palm City FL 34990 Condo Market Report September 2016

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

Palm City FL 34990 Condo Market Report September 2016

4 Condos Sold in September. (Up by 3 condos from August)

Palm City FL 34990 Condo Market Report September 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Inventory has been rising for a few months now and closed sales are not increasing enough to offset this increase.  We should have an increase in sales later this year or in the beginning of next year as we enter the condo season.

The current absorption rate for condos in the 34990 zip code area dropped to 17.8 months (was 61 months in September). Remaining a strong buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2015 numbers were: 52 active listings, 8 pending sales and 3 closed sales.   There’s significantly more inventory this year and only slightly higher closed and pending activity.
Palm City FL 34990 Condo Market Report September 2016

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Palm City FL 34990 Condo Market Report September 2016