Spring Market Curb Appeal Boosters

Spring Market Curb Appeal Boosters

Many focus solely on the inside of their homes and forget about curb appeal – you know, the way a home looks from the curb? While it may be challenging for sellers to understand the idea of investing in a home they are leaving, the goal is to sell and get top dollar.

While your client may not be prepared to invest in some of these items, at the very least, be sure the landscaping has been tended to and the siding is clean and intact.

So let’s take a look at the 4 places money can best be spent outside:

Landscaping and Lighting

Spice up the exterior of the home with a freshly manicured lawn, new shrubbery, colorful flowers and top it off with lighting. New shrubs and a crisp lawn won’t show well in the dark so install some outdoor lighting and call attention to the great new place that just happens to be ready to buy.

Don’t forget to shine a light on the house numbers – buyers can’t take note of the address if it can’t been seen.

Siding and Paint

Make sure the siding or paint is clean and not cracking or peeling. At the very least you want the outside of the home to be clean. If your clients aren’t in a position to replace or repaint the exterior of the home you can always use a power washer to spruce up siding or a hose to clean up exterior paint.

New Doors and Windows

If a home is dated, new windows and doors can give the home a cleaner, newer look – in the end more appealing to your potential buyers. If the sellers are on a budget then you might want to consider a new coat of paint; a fresh new look will breathe life back into weathered windows and doors.

Your Roof

A damaged roof is cause for concern and is best addressed immediately. Replacing a roof will be something that will appeal to buyers as it’s a big ticket item they would rather not deal with in just a few short years. Also, with a new roof comes a new asking price – that’s right this will increase the value of the home.

At the end of the day you’ll want potential buyers to want to walk into the home and the only way to do this is to draw them in with an attractive exterior.

Reprinted with permission from Partner Xchange

Coral Lakes – May 2016 Market Report

Coral Lakes – May 2016 Market Report

For may 2016 there is only one home available for sale in Coral Lakes in Stuart FL.  This home is listed for $484,000 which is equal to $170.06 and as of May 1 has been on the market for 106 days.

There are no homes currently under contract in Coral Lakes.

In the past year, 7 homes have sold in Coral Lakes.  Sales prices ranged from $255,000 up to $530,000 for an average sales price of $334,500 or $138.11 per sq. ft. of living area.  These homes went under contract in an average of 88 days after being listed and sold for an average of 95% of the last list price.

About Coral Lakes:

Coral Lakes real estate in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart FL

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes real estate in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates and management.  Many homes have private pools in these spacious single family home sites as well as other much desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways , and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.

 

Mortgage Rates Inching Up

Mortgage Rates Inching Up

Mortgage interest rates jumped 7 basis points this week to 3.66% on average for a 30-year fixed-rate mortgage, according to Freddie Mac. Last week, the 30-year fixed averaged 3.59%.

The Federal Reserve decided during its two-day policy-making committee meeting to maintain the federal funds rate at 1/4 to 1/2 percent citing slower economic activity. Incomes have risen yet household spending has slowed.

Many of the experts, 46%, polled by Bankrate’s Rate Trend Index expect rates to fall in the next two weeks.

Rates are still historically low, yet home prices are soaring.

“Demand is starting to weaken in some areas, particularly in the West, where the median home price has risen an astonishing 38% in the past three years,” said Lawrence Yun, chief economist at the National Association of Realtors.

Nationally, the median price of an existing home was $222,700 in March, up nearly 6% from last March.

Buyers should lock in their rates if they don’t want to risk further increases.

Rates for a 15-year fixed-rate mortgage rose to 2.89% this week from 2.85% last week. A year ago this time, it averaged 2.94%, according to Freddie Mac.

Likewise, the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.86% this week, up from 2.81% last week, and 2.85% a year ago this time.

mortgage rates

Reprinted with permission from Partner Xchange

Central Stuart Pool Home – New Price

Central Stuart Pool Home – New Price

 


Charming Old Florida Homestead
Overview
Maps
Photos
Description
$590,000
Unique Old Florida charm. Enter the home with wood floors and Miami Dade wood ceilings, with wood burning fireplace, exposed beams and vaulted ceilings. Open floor plan with views of the pool from living and family room. Hurricane impact sliders opens up the family room to enjoy the Florida outdoors. The 80 inch smart TV on an adjustable arm allows you to entertain and watch the TV on the patio conveys with the house. Main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. There is a detached apartment with full kitchen and double walk-in closet. Hurricane safe room located on the property. Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!
Main Features
4 Bedrooms
3 Bathrooms
1 Half Bathroom
3 Units
Interior: 2,148 sqft
Lot: 0.53 acre(s)
Year Built: 1950
MLS #: 386089
Location
221 SE Martin Avenue
Stuart, FL 34996
USA
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Central Stuart Pool Home – New Price

 

Gabe’s May 2016 HouseCalls Newsletter

Gabe’s May 2016 HouseCalls Newsletter

Click on the image below to view or download our May 2016 HouseCalls Newsletter:

Gabe's May 2016 Housecalls Newsletter

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

You can see all the past issues here:

HouseCalls Archive

Gabe’s May 2016 HouseCalls Newsletter

Historic Stuart Home – Open House – Sunday May 1

Historic Stuart Home – Open House – Sunday May 1

Historic Stuart real estate

Join us Sunday May 1 from 1 PM to 3 PM at 221 SE Martin Ave. in Stuart FL for an open house.  This spacious home with so much to offer is available for $590,000.

Historic Stuart real estate Historic Stuart real estate

Unique Old Florida charm. Enter the home with wood floors and Miami Dade County Pine wood ceilings, with wood burning fireplace, exposed beams and vaulted ceilings. Open floor plan with views of the pool from living and family room. Hurricane impact sliders opens up the family room to enjoy the Florida outdoors. The 80 inch smart TV on an adjustable arm allows you to entertain and watch the TV on the patio conveys with the house.

Historic Stuart real estate Historic Stuart real estate

There are numerous structures that come with this property. The main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. As well as a totally detached apartment with full kitchen and double walk-in closet and bathroom.

Historic Stuart real estate Historic Stuart real estate

Also, there’s a hurricane safe room located on the property that can double as a bomb shelter. Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!

Historic Stuart real estate Historic Stuart real estate

Search for all Stuart real estate in Zip Code 34996

and 34994 or 34997

March 2016 Monthly Market Detail St Lucie County Single Family Homes

March 2016 Monthly Market Detail St Lucie County Single Family Homes

March 2016 Monthly Market Detail St Lucie County Single Family Homes improved its March volume as compared to February but still weaker than last year.  Closed sales were up by 0.2% (in February they were down by 9.2%) and new sales under contract (new pending sales) decreased by 4.7% (they were down by 3.9% last month).

However, prices continue to increase quite dramatically.  Both the median and average sales prices up by 19.4% and 16.2% respectively from last March (For February these numbers were 17.2% and 14.6%).

Active listings fell by 18 to 1,822 homes.  This inventory is 14.5% greater than last year.  The current supply of homes is at  4.1 months (a 20.6% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as superheated as last year.

March 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
March 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.

March 2016 Monthly Market Detail St Lucie County Single Family Homes

The Top 5 Reasons Every Buyer & Seller Should Hire a Realtor

Hire a Realtor

The number of homeowners attempting to sell by owner has dropped to record low levels. Now more than ever, it seems, homeowners and buyers alike recognize the importance of using a real estate professional. In fact, 87% of buyers last year used a Realtor, according to the National Association of Realtors. Most glaring, only 8% of homeowners were FSBO sales in 2015.

There are many reasons to use a Realtor, but here are The Top 5 Reasons Every Buyer & Seller Should Hire a Realtor:

1.  Agents Know What Buyers Want:  An experienced real estate agent can see what potential buyers will see – and perhaps details you have overlooked.  Agents are in tune with buyer needs, fears, nonnegotiables, and preferences.  Setting the stage for prospective purchasers is an extremely important part of the marketing process, and a good agent will provide you with tips, checklists, and feedback from a would-be buyers perspective.

2.  Agents are Real Estate Marketing Experts.  A real estate professional will provide you with a written marketing plan that outlines all the activities required to get your house sold at the highest possible price, in the least amount of time.  Real estate marketing is not about a yard sign, property flyers in an info box, or open houses. Real estate marketing is all about listing syndication, exposing your home to the greatest audience of buyers and their agents, and providing financing insight specific to your property.  Most important of all, a real estate professional will set the right list price from the start. They know that if you don’t price it right on day one, your chances of selling, and recouping your equity, will diminish with each passing day.

3.  Agents Know How To Handle the Multiple Sell.  Not only do they have to sell your home to a potential buyer, real estate professionals have to sell your home to the other agents in the area, and to the lender via the appraisal process.  An agent will guide you as to how to best position your property and your pricing to ensure the best odds of satisfying the often conflicting pricing opinions of all three.

4.  Agents are Skilled Negotiators.  A professional will be the calming influence you need in the midst of stressful negotiations. They’re also the objective third-party “buffer” in the process.  Experience has taught them that there are many creative ways to bring contract negotiations to a successful close.

5.  Agents Keep the Transaction Together.   There are many moving parts before the closing.  Inspections, financing contingencies, and title searches are such some of the steps that can derail a transaction.  A knowledgeable and experienced agent will take on these contingencies, renegotiate the details, and keep the transaction moving forward to a successful close.

If you’re looking for a top agent on Florida’s Treasure Coast give the Gabe Sanders BlueWater Realty Team a call.

Reprinted with permission from Partner Xchange

March 2016 Monthly Market Detail Martin County Townhouses and Condos

March 2016 Monthly Market Detail Martin County Townhouses and Condos

March 2016 Monthly Market Detail Martin County Townhouses and Condos  showed reduced sales volume primarily because of lower inventory and a continued rise in values.  Closed sales were down by 11.2% (was down by 2.0% in February) and new sales under contract (new pending sales) were down by 5.9% from March 2014 (decreased by 7.5% in February).  Though this is still a very active real estate market.

The median sales price was up by 26.6% (was up by 2.1% in February) while the average sales price increased by 40.3% (was up by 13.3% in February) as compared to March of 2015.  Very strong price gains that are impacting some folks ability to afford condos and townhouses in Martin Count.

The inventory of available townhouses and condos dropped by 13 units to 398 properties as compared to last month.  The second monthlyt drop after three straight months of increased inventory. This is 7.0% below the March 2015 inventory.  Currently, there’s a 4 month supply of inventory (a 2.4% decrease from last year).  Still in a strong sellers market for townhouses and condos for Martin County.

March 2016 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
March 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.

March 2016 Monthly Market Detail Martin County Townhouses and Condos

The Estuary – April 2016 Market Report

The Estuary – April 2016 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2016 market report for this gated community:

Homes

There are currently no homes for sale in the Estuary.

One home is under contract.  The list price was $599,900 which is also $321.66 per sq. ft. of living area.  This home went under contract one day after it was listed.

In the past 12 months, 6 homes have sold in the Estuary.  Sales prices ranged from $150,900 up to $605,000 for an average sales price of $294,316 or $142.60 per sq. ft. of living area. These homes sold for an average of 92% of list price and went under contract in an average of 66 days.

Condos

There are three condos currently available in the Estuary.  List prices range from $139,900 to $155,000 for an average list price of $146,633 which is $126.77 per sq. ft. of living area.

There are four condos under contract which have not sold as of the time this is being written.  List prices ranged from $129,900 to $159,900 for an average of $147,197 which equals $127.34 per sq. ft. of living area.  These condos went under contract in an average of 56 days.

In the past 12 months, 4 condos have sold in the Estuary.  Sales prices were from $98,000 to $169,750 for an average sales price of $129,437 which works out to $112.39 per sq. ft. of living area.  These four condos averaged 102 days on market and sold for an average of 100% 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 2016 Market Report

March 2016 Monthly Market Detail Martin County Single Family Homes

March 2016 Monthly Market Detail Martin County Single Family Homes

The March 2016 Monthly Market Detail Martin County Single Family Homes continues as a sellers market though sales volume is not growing as robustly as last year but improved from February.  Year to year closed sales were up by 3.4% (was down 11.8% in February). New pending sales decreased by 0.8% as compared to March of 2015 (Decreased by 3.3% in February).

And prices continue to rise as the median sales price was up by 17.1% from last year (up by 8.9% in February) while the average price increased by 15.3% (was down by 5.1% last month).  As long as the inventory remains tight, prices will continue to rise.

The inventory of available single family homes increased slightly from last month by 19 homes to 1100 units for this month,  this is 1.0% less than last March.  Current supply of homes is 5.3 months, for March of last year it was a 5.6 months supply. (This is a 5.4% decrease from last year).  Still a sellers market for Martin County single family home sales.

March 2016 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
March 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.

March 2016 Monthly Market Detail Martin County Single Family Homes

Creekside in Palm City – April 2016 Market Report

Creekside in Palm City – April 2016 Market Report

There are currently no homes listed for sale in the Creekside community of Palm City.

There are also no homes under contract at this time.

In the past 12 months, 2 homes have sold in Creekside.  The sales prices were $348,000 and $375,000 for an average sales price of $366,000 which equates to $125.84 per sq. ft. of living area.  These two homes averaged 148 days on market befor going under contract and sold for 98% of the last list price.

About Creekside in Palm City

Creekside real estate in Palm City

A small gated community in Palm City FL with only 18 homes.  This is a Kolter built community that was constructed from 2013 to 2014.

Homes in Creekside are all 4 Bedrooms or greater with 3 or more bathrooms and most are 2 stories with 2 car garages.  Sizes of the homes range from just over 2,000 sq. ft. of living area up to over 3,000.  Some of the homes have private pools. There are no community amenities in Creekside which helps keep the HOA fees a very reasonable $120 per month.

Creekside real estate in Palm City Home 2

Creekside is off of Sunset Trail in Palm City which makes it a quiet and private secluded location, yet still just minutes away from excellent shopping, restaurants as well as access to the numerous water ways, beaches and golf courses the Martin County and the Treasure Coast of Florida have to offer.

Creekside real estate in Palm City Creekside real estate in Palm City

A very desirable community for children as this is an ‘A’ rated school district currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.

Here are the currently available homes for sale in Creekside

Creekside in Palm City – April 2016 Market Report

March 2016 Monthly Market Detail Florida Townhouses and Condos

March 2016 Monthly Market Detail Florida Townhouses and Condos

The March 2016 Monthly Market Detail Florida Townhouses and Condos is now in a balanced market and not the super heated activity as we have experienced for the past two years.  Closed sales were down by 7.1% as compared to last months decrease of 5.4% and new sales under contract (new pending sales) decreased by 10.1% (In February there was a 10.5% decrease).  While on the single family side of the Florida real estate market this decrease in volume can be attributed to inventory, for condos and townhouses it appears to be strictly price related as the inventory has been gaining in the past few months.

The median sales price continued to rise, by 3.3% (up by 5.6% in February), while the average sales price decreased by 3.9% (was down 1.4% in February).  It appears that prices may not continue to rise very rapidly for this segment of the Florida real estate market.

The inventory increased by 6.7% from March of last year.  For March 2016 we have 6.3 months of inventory (was also 6.3 months in February) and compared to 6.0 for March 2015.  First time in two years that we are seeing an increase in inventory as well as being out of a sellers market.

March 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:
March 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.

March 2016 Monthly Market Detail Florida Townhouses and Condos

South Sewalls Point Vacant Land – New Price

South Sewalls Point Vacant Land – New Price


Sewalls Point Vacant Land
Overview
Maps
Photos
Description
$198,000
Vacant buildable lot in Sewalls Point that has been cleared and is ready for your dream home.  There is a good potential for a home with water views built in this location.  Lot is just over 1/3 of an acre and will most likely require a home to be built on pilings (flood zone).  Great location with excellent schools, close to beaches, downtown Stuart, shopping and restaurants.  There aren’t very many of these opportunities left in Sewalls Point.
Main Features
Lot: 0.36 acre(s)
MLS #: 387002
Location
20 Herons Nest
Sewalls Point, FL 34996
USA

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March 2016 Monthly Market Detail Florida Single Family Homes

March 2016 Monthly Market Detail Florida Single Family Homes

The March 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year.  Closed sales were down by 0.6% (was up by 0.4% in February) and new sales under contract (new pending sales) were down by 6.3% (was down by 3.6% in February).  The main reason fo the slowdown in sales is the shrinking inventory of available homes, though price increases in the past few years haven’t helped either.

Both median and average sales prices continue to rise ( March 2015 to March 2016) by 10.3% and 4.9% respectively, compared to February’s 11.1% and 9.2%.  Continuing a trend that has been ongoing for close to three years now.

The inventory of available homes for sale fell by 2.8% from last year.  Higher demand areas of Florida have seen decreasing inventory for more than two years.  For March there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (March of 2015 had a 5.0 month supply)

March 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

March 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.

March 2016 Monthly Market Detail Florida Single Family Homes

Palm City 4 BR Pool Home Under Contract

Palm City 4 BR Pool Home Under Contract

After doing a thorough search for their desired home on the BlueWater Realty Team’s website, these buyers have decided to purchase 1120 SW 31st St. in Palm City FL.  This home is listed for $259,000.

Palm City FL real estate

A rare opportunity to own an affordable four bedroom, two bath, pool home in Palm City! Very nicely updated kitchen and featuring hardy plank siding, a large pool with a spacious fenced backyard. A convenient shed in the backyard is included in this sale to provide great extra storage.  This is an outstanding value in an A-rated school district and also in a convenient location with no HOA so there’s no problem if you want to park your boat or RV!

Palm City FL real estate Palm City FL real estate

Palm City FL real estate Palm City FL real estate

About Palm City Homes:

These are only the starting points when you begin to experience the splendors of owning a piece of Palm City Florida real estate. Of course, the selections of Palm City Florida real estate cover the spectrum and make you realize that this community does have something for everyone. The average market price within the Palm City Florida real estate is well below comparable homes in areas to the south of Martin County Florida essentially meaning your dollar can go farther here whether you are interested in any one of the following options:

Fox Run Palm City Market Report April 2016

Fox Run Palm City Market Report April 2016

For late April of 2016 there are no currently active listings in Fox Run in Palm City.

There are 3 homes under contract which have not closed to date.  These homes were listed from $399,900 up to $489,000 for an average list price of $442,933 or $211.30 per sq. ft. of living area.  These three homes averaged 54 days on market before going under contract.

In the past 12 months, 4 homes have sold in Fox Run.  Sales prices ranged from a low of $172,100 up to $439,000 for an average sales price of $334,525 which equals to $184.09 per sq. ft. of living area.  These homes sold for an average of 95% of their last listed price and also averaged 103 days on market before going under contract.

About Fox Run in Palm City

  Fox Run real estate in Palm City FL

Fox Run is a waterfront community on the Hidden Rive and just north of Murphy Road between Matheson Avenue and High Meadows Avenue.  Only 57 homes in this community and they were built from 1979 through 2005.  11 homes are on the banks of the Hidden River with deep water ocean access docks.  The remaining homes have exclusive access to a boat ramp as well as a large lot to store trailers and RV’s.

Fox Run real estate in Palm City FL

Homes are of a wide variety of sizes and shapes ranging from 4 bedroom, 3 bathroom homes of over 3,000 square feet of living area to just over 1,200 sq. ft. homes with 2 bedrooms and 2 bathrooms.

Fox Run real estate in Palm City FL

Other than the boat ramp and the storage/parking lot there are no other amenities in Fox Run keeping the HOA fees to a very reasonable $350 a year.

Fox Run real estate in Palm City FL

Close to shopping, restaurants and with easy access to Florida’s Turnpike for those commuting either north or south, this quiet residential area is the perfect spot for families or couples looking for a great neighborhood with access to boating and fishing.

Fox Run real estate in Palm City FL

Currently, children living in Fox Run are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search for Fox Run real estate here!

Fox Run Palm City Market Report April 2016

Hobe Sound FL 33455 Condo Market Report March 2016

Hobe Sound FL 33455 Condo Market Report March 2016

 

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

 

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

 

There are currently 5 active condo listings. (Decreased by 4 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2016

7 Condos are pending and awaiting close. (Up by 2 condos from February)

Hobe Sound FL 33455 Condo Market Report March 2016

3 Condos sold. (Up by 3 from last month)

 Hobe Sound FL 33455 Condo Market Report March 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  March brought the first sale for condos in Hobe Sound for 2016.  Though, with such low inventory, it is hard to make any meaningful comparisons as long as this market remains like this.

There were no sales in Hobe Sound condos for both January and February, but for March the absorption rate is 1.7 months, for December of 2015 it was 4 months.  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 may not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The March 2015 numbers were: 8 active listings, 9 pending sales and 4 closed sales.  Better activity last year with the slightly higher inventory.

Hobe Sound FL 33455 Condo Market Report March 2016

Search Hobe Sound Condominium Properties by Price

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Hobe Sound FL 33455 Condo Market Report March 2016

 

East Lake Village Home in Port St Lucie – Sold

East Lake Village Home in Port St Lucie – Sold

Listed for $149,974 and sold for $144,000 with the buyer introduced to this community by the Gabe Sanders BlueWater Realty Team.  For those first time home buyers needing exceptional values, give us a call.

East Lake Village in Port St Lucie

Beautiful 3 story town-house in East Lake Village in Port St Lucie, FL. There’s one bedroom and bathroom that could be the main bedroom on the first floor. The second floor has the kitchen, living room, dining room and a half bath, and the 3rd floor has two more bedrooms with bathrooms. Pool view looking out of two covered balconies. 2014 ac unit, 8 ft. ceilings. Two car garage. Community pool and children’s play area. A great location for shopping and restaurants.

East Lake Village in Port St Lucie East Lake Village in Port St Lucie

About East Lake Village in Port St. Lucie

Located East of US-1 and just to the North of Port St. Lucie Blvd., East Lake Village is a newer community of townhomes and single family homes of many different sizes and floorplans.  All of the homes are 2 story with the townhomes attached on at least one side to their neighbor.

East Lake Village in Port St Lucie East Lake Village in Port St Lucie

Sizes of these homes range from 4 bedroom, 3 and ½ bathroom homes with 2 car garages of over 2,300 sq. ft. of living area down to 2 bedroom, 2 and ½ bathroom townhomes with 1 car garage and 1,350 sq. ft. of living area.

East Lake Village in Port St Lucie East Lake Village in Port St Lucie

All ages are welcome in East Lake Village.  Pets are permitted with some restrictions depending on the section of interest.  For the single family homes, 2 large pets are permitted.  HOA fees range from $160 a month up to $210 per month, once again depending on the section where the home is located.

East Lake Village in Port St Lucie

Great location close to medical facilities, restaurants and shopping and only about 15 to 20 minutes to the crystal clear waters of the Atlantic Ocean in Jensen Beach FL.

East Lake Village Homes for Sale

For a more complete list of available East Lake Village homes and townhomes please sent us a note or call.

East Lake Village Home in Port St Lucie – Sold

Hobe Sound FL 33455 Residential Market Report March 2016

Hobe Sound FL 33455 Residential Market Report March 2016

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

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

There are currently 206 active listings. (Down by 6 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2016

116 Residential sales are pending and awaiting close  (Up by 9 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2016

56 Homes Sold in March (Up by 19 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded very strongly for March with increases in closed and pending sales.  With this kind of activity, the available inventory of homes for sale just isn’t enough to meet the buyers demands.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 3.8 months (7.6 months in February).  Back to a very strong sellers market after two months of either a balanced or buyers markets.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2015 were:  220 active listings, 122 pending sales and 52 closed sales. Stronger closed sales for 2016, but better pending sales and a slightly greater inventory last March.

Hobe Sound FL 33455 Residential Market Report March 2016

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Hobe Sound FL 33455 Residential Market Report March 2016