February 2016 Monthly Market Detail Martin County Single Family Homes

03.29.16 by

February 2016 Monthly Market Detail Martin County Single Family Homes

The February 2016 Monthly Market Detail Martin County Single Family Homes showing reduced volume of sales activity for February of 2016.  Year to year closed sales were down by 11.8% (was up 6.0% in January). New pending sales decreased by 3.3% as compared to February of 2015 (Decreased by 16% in January).

But prices continue to rise as the median sales price was up by 8.9% from last year (up by 18.2% in January) while the average price increased by 5.1% (was down by 18.2% last month).  As long as the inventory remains tight, prices will continue to rise.

The inventory of available single family homes decreased from last month by 113 homes to 1081 units for this month, and this is 5.0% less than last February.  Current supply of homes is 5.2 months, for February of last year it was a 5.9 months supply. (This is a 11.9% decrease from last year).  Continuing as a sellers market in Martin County.  Still a sellers market for Martin County single family home sales.

February 2016 Monthly Market Detail Martin County Single Family Homes

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

February 2016 Monthly Market Detail Martin County Single Family Homes

Hobe Sound Affordable 4 BR Home Coming Soon

03.29.16 by

Affordable Hobe Sound 4 BR Home Coming Soon
Overview
Maps
Photos
Description
$240,000
Older but solid CBS home in a well established Hobe Sound neighborhood. 3 bedroom, 2 bath home plus garage which has been converted into 4th bedroom.  The 4th bedroom could possibly be a mother-in-law suite with separate entrance. Enter home into a large foyer area that opens to a spacious living room with a wood burning fireplace. Plenty of room in the kitchen for several cooks which is open to a formal dining area. Large fenced back yard with shed. Great family home with lots of room. Full home automatic backup generator included with this sale. Very well located close to shopping, beaches as well as Jupiter and Stuart FL.
Main Features
4 Bedrooms
2 Bathrooms
Interior: 2,152 sqft
Lot: 0.21 acre(s)
Year Built: 1974
Location
6441 SE Clairmont Place
Hobe Sound, FL 33455
USA
Our recent listings

 

Subscribe to our listing feed
See more Hobe Sound, FL real estate for sale

See more Hobe Sound real estate possibilities

February 2016 Monthly Market Detail Florida Townhouses and Condos

03.28.16 by

February 2016 Monthly Market Detail Florida Townhouses and Condos

The February 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 5.4% as compared to last months decrease of 4.8% and new sales under contract (new pending sales) decreased by 10.5% (In January there was a 15.8% decrease).

The median sales price continued to rise, by 5.6% (up by 10.9% in January), while the average sales price decreased by 1.4% (was up 5.3% in January).  Interestingly prices continue to rise despite the weaker volume of sales.

The inventory increased by 6.0% from February of last year.  For February 2016 we have 6.3 months of inventory (was 5.9 months in January) also compared to 6.1 for February 2015.  First time in two years that we are seeing an increase in inventory as well as being out of a sellers market.

February 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:
February 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.

February 2016 Monthly Market Detail Florida Townhouses and Condos

The Evergreen Club March 2016 Market Report

03.28.16 by

The Evergreen Club March 2016 Market Report

There are 8 homes on the market in the Evergreen Club in late March of 2016.  List prices range from $399,00 to $600,000 for an average list price of $450,100 or $162.66 per sq. ft. of living space.

There is one home under contract.  Listed for $385,000 or $199.48 per sq. ft. of living area.  This home went under contract after 7 days on the market.

In the past 12 months, 22 homes have sold in the Evergreen Club.  Sales prices ranged from $272,000 to $640,000 or an average sales price of $411,345 which equals $151.82 per sq. ft. of living area.  These homes sold for an average of 97% of list price with an average of 49 days on market.

About the Evergreen Club Palm City Florida

Evergreen Club Real Estate in Palm City Florida

Search for Evergreen Club Real Estate

Nestled in a secluded corner of Palm City, The Evergreen Club is an elegant gated community that it’s residents love to call home.  The community is close to it all; ‘A’ rated schools, boat ramps, theatres, fantastic local restaurants, shopping, and beautiful beaches!

Evergreen Club Real Estate in Palm City Florida Evergreen Club Real Estate in Palm City Florida

The Evergreen Club is known for its 18-hole championship golf course that does not require an expensive membership to play.  Every home is unique and will be sure to have something special about it that will charm you.  Located on a beautiful 520 acre parcel, each of the 299 homes feature at least one acre of land for a spacious non crowded feeling!  Enjoy all the beautiful Florida sights that The Evergreen Club has to offer, you may find yourself rarely wanting to leave home!  Golf club membership is not mandatory but if you are a member of The Evergreen Club you will enjoy full golf privileges, dining privileges and fun social events. There are no dining minimums, no assessments or large down payments.

Evergreen Club Real Estate in Palm City Florida

Search for Evergreen Club Real Estate

The Evergreen Club

February 2016 Monthly Market Detail Florida Single Family Homes

03.27.16 by

February 2016 Monthly Market Detail Florida Single Family Homes

The February 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year.  Closed sales were up by 0.4% (was up by 2.7% in January) and new sales under contract (new pending sales) were down by 3.6% (was down by 11.3% in January).  The lower number of new pending sales is somewhat concerning for future closed sales.

Both median and average sales prices continue to rise ( February 2015 to February 2016) by 11.1% and 9.2% respectively, compared to January’s 13.7% and 6.3%.  Continuing a trend that has been ongoing for close to three years now.

The inventory of available homes for sale fell by 3.8% from last year.  Higher demand areas of Florida have seen decreasing inventory for over two years.  For February there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (February of 2015 had a 5.2 month supply)

February 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

February 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.

February 2016 Monthly Market Detail Florida Single Family Homes

February 2016 Monthly Market Detail Florida Single Family Homes

03.27.16 by

February 2016 Monthly Market Detail Florida Single Family Homes

The February 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year.  Closed sales were up by 0.4% (was up by 2.7% in January) and new sales under contract (new pending sales) were down by 3.6% (was down by 11.3% in January).  The lower number of new pending sales is somewhat concerning for future closed sales.

Both median and average sales prices continue to rise ( February 2015 to February 2016) by 11.1% and 9.2% respectively, compared to January’s 13.7% and 6.3%.  Continuing a trend that has been ongoing for close to three years now.

The inventory of available homes for sale fell by 3.8% from last year.  Higher demand areas of Florida have seen decreasing inventory for over two years.  For February there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (February of 2015 had a 5.2 month supply)

February 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

February 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.

February 2016 Monthly Market Detail Florida Single Family Homes

Renar River Place Condos March 2016 Market Report

03.27.16 by

Renar River Place Condos March 2016 Market Report

For March 2016 there are 4 condos for sale in Renar River Place.  List prices range from $199,900 to $499,900 for an average of $334,700 which works out to $185.21 per sq. ft. of living area.

There are two condos under contract which have not closed to date.  List prices are $319,900 and $326,900 for an average of $323,400 or $209.73 pr sq. ft. of living area.  These two condos averaged 78 days on market before accepting their contracts.

In the past 12 months, only one condo has sold in Renar River Place.  This condo sold for $315,000 which equates to $204.55 per sq. ft. of living space.  This was 94% of the final listing price and the sellers accepted this offer ater 289 days on market.

About Renar River Place in Downtown Jensen Beach

Renar River Place in Downtown Jensen Beach

One of the few newer condo communities in Martin County.  Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach round about and causeway to Hutchinson Island.  There are also some townhouse style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Renar River Place in Downtown Jensen Beach Renar River Place in Downtown Jensen Beach

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach.  HOA fees vary by the size of the condo and location, so please call us for the latest cost.  This community is open to all ages and pets are also welcomed.  For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

Renar River Place in Downtown Jensen Beach

Search her for Renar River Place Condos for sale

Lake Grove March 2016 Market Report

03.26.16 by

Lake Grove March 2016 Market Report

There are currently 3 homes for sale in Lake Grove of Palm City, FL. List prices range from $488,800 to 749,000. The average list price equals $587,566 which is $190.59 per sq. ft. of living area.

1 home is under contract and awaiting sale. The list price was $510,000 which equals $186.27 per sq. ft. of living area.  This home was on the market for 189 days prior to accepting this offer.

In the past 12 months, 7 homes have sold in the Lake Grove. Sale prices ranged from $367,000 to $640,000 with an average sale price of $506,642 or $160.28 per sq. ft. of living area.  These homes averaged 76 days on market prior to accepting these sales offers and sold for an average of 96% of the last listed price.

 

Located south on Mapp Road in Palm City is the community of Lake grove which is comprised of 64 homes built around a square shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.

Lake Grove in Palm City

Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.  As of March 2016, the Lake Grove HOA fees are a very reasonable $275 per quarter.

Lake Grove in Palm City

The common areas include two tennis courts, landscaped common areas and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove in Palm City

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City

Click here to see the currently available Lake Grove Homes for Sale

Search for Martin County Real Estate

If you like the Lake grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

Lake Grove March 2016 Market Report

Royal Oak Towers Condo in Downtown Stuart Under Contract

03.26.16 by

Royal Oak Towers Condo in Downtown Stuart Under Contract

Royal Oak Towers in Downtown Stuart FL

Fantastic downtown Stuart location in the Royal Oak Towers of Stuart FL, Suite A-2 has now gone under contract during the sneak peek version of this listing.  The list price was $127,000. If you have a condo that is in Martin County that you need to sell quickly and for the best price, give us a call for a no obligation consultation.

Royal Oak Towers Stuart FL Royal Oak Towers Stuart FL

Downtown Stuart Condo, 2 bedroom, 2 bath completely renovated with tile floors, corian counter tops, stainless steel appliances, hurricane impact windows, 1 covered parking, top floor unit with elevator. Lots of natural light with open floor plan. Conveniently located, walk to downtown restaurants, the Lyric and shops. Just minutes from the beach.  All ages are welcome and 1 large pet is permitted.

Royal Oak Towers Stuart FL Royal Oak Towers Stuart FL

Royal Oak Towers Stuart FL Royal Oak Towers Stuart FL

Search for Royal Oak Towers Condos for Sale

Search the Martin County MLS

More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.

Royal Oak Towers Condo in Downtown Stuart Under Contract

 

 

Westwood Country Estates Palm City March 2016 Market Report

03.25.16 by

Westwood Country Estates Palm City March 2016 Market Report

As of March 2016, there is only 1 home on the market in Westwood Country Estates in Palm City, FL.  The list price is $498,000 which equals $163.28 per sq. ft. of living area.

There are no homes currently under contract (pending sales)

There have been 5 homes sold in the past 12 months in Westwood Country estates.  Sales prices ranged from $330,000 to  $440,000 for an average of $165.51 per sq. ft. of living area.  These sales averaged  for 94% of the list price and went under contract in an average of 75 days on market.

Westwood Country Estates Palm City March 2016 Market Report Florida

 Westwood Country Estates in Palm City, FL  is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of ½ acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates Homes for Sale

View Our Featured Listings!

Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team

Westwood Country Estates Palm City March 2016 Market Report

Downtown Stuart Condo – Royal Oak Towers – Leased

03.25.16 by

Downtown Stuart Condo – Royal Oak Towers – Leased

Royal Oak Towers in Stuart FL

No longer available as this Royal Oak Towers condo in Stuart FL has been leased by the Gabe Sanders BlueWater Realty Team in under a week.

Royal Oak Towers in Stuart FL Royal Oak Towers in Stuart FL

Ground floor unit near downtown. Walk to restaurants, the Lyric and shops. 2 bedroom, 2 bath over looking the fountain. Laminate wood floors in living room, tile in bedrooms. Kitchen has Corian counter, breakfast bar and pantry. Hurricane windows recently installed. Lots of natural light. Screened in patio. Back door opens to small grass area and walk way to pool. Unit has 1 covered parking spot. Only minutes to the beach.

Royal Oak Towers in Stuart FL Royal Oak Towers in Stuart FL

Royal Oak Towers in Stuart FL Royal Oak Towers in Stuart FL

Search for Royal Oak Towers Condos for Sale

Search the Martin County MLS

More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.

Condo in Downtown Stuart Just Listed

 

 

Cobblestone Country Club March 2016 Market Report

03.24.16 by

Cobblestone Country Club March 2016 Market Report

For March 2016 there are 8 homes for sale in the Cobblestone Country Club of Palm City, FL.  List prices range from $449,000 to 699,900. The average list price equals $551,600 which is $177.49 per sq. ft. of living area.

3 homes are under contract and awaiting sale.  List prices are from $359,900 to 400,000 for an average of $386,466 which equals $170.06 per sq. ft. of living area.   These homes were on the market for an average of 0nly 20 days before going under contract.

In the past 12 months, 7 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $310,000 to $510,000 for an average sale price of $410,571 which equals $138.80 per sq. ft. of living area. These homes sold for an average of 94% of list price and went under contract in an average 0f 190 days after being listed.

 

Cobblestone Country Club

Cobblestone Country Club March 2016 Market Report

Located just west of the center of Palm City, Cobblestone Country Club is a peaceful neighborhood of 512 acres with only 238 residences providing generous amounts of space around each home. This upscale community is adjacent to exit 110 on I-95 with easy access to all that Palm Beach County to the South and Orlando to the North, has to offer while enjoying the laid back low growth lifestyle, lower taxes and superior school systems that Martin County offers. Residents enjoy coming home to picturesque views of lakes, preserves and the 18-hole private Fox Golf Course in the Cobblestone Country Club. Homes in Cobblestone consist of new custom built homes and a selection of quality newer resales. 

Cobblestone Country Club March 2016 Market Report

Cobblestone Country Club March 2016 Market Report

Cobblestone Country Club Homes for Sale

Search for Martin County Real Estate

Cobblestone Country Club March 2016 Market Report

Historic Stuart Pool Home on Large Lot Reduced

03.24.16 by

Historic Stuart Pool Home on Large Lot Reduced

Stuart FL real estate

New price for this well located home in one of the most desirable areas of Stuart is now $595,000.  Call us for an appointment to see 221 SE Martin Ave. in Stuart FL .

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

Moon River Jensen Beach March 2016 Market Report

03.23.16 by

Moon River Jensen Beach March 2016 Market Report

For March 2016, there are no homes currently available for sale from the MLS (Multiple Listing Service) of Martin County Florida

There are also no Moon River homes currently pending (under contract).

There have been 4 homes sold in the past 12 months in Moon River.  Sales prices ranged from $285,000 to $420,000 for an average sales price of $331,250 which equals $205.91 per sq. ft. of living area and these sales averaged 94% of list price.  The average days on market was 158 days prior to an accepted contract.

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River on Hutchinson Island in Jensen Beach
Home sizes range from 3 Bedroom, 3 bathroom two story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River on Hutchinson Island in Jensen Beach
This is a pet friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River on Hutchinson Island in Jensen BeachMoon River is an excellent choice for both full time residents and for those wishing to have their winter oasis away from the cold north.

Moon River on Hutchinson Island in Jensen Beach

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School

Here are the currently available homes in Moon River in Jensen Beach

 For any questions you may have about March 2016 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Moon River Jensen Beach March 2016 Market Report

Hobe Sound FL 33455 Condo Market Report February 2016

03.22.16 by

Hobe Sound FL 33455 Condo Market Report February 2016

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

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

There are currently 9 active condo listings. (Increased by 3 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2016

5 Condos are pending and awaiting close. (Up by 3 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2016

No Condos sold in February (Same as January)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  February brought the second month of no condo sales, something that hasn’t happened since I’ve been tracking this market.  With a small increase in inventory and pending sales, I expect to see at least one or two closed sales for March.

No possible absorption rate number for this month with zero sales, 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 February 2015 numbers were: 19 active listings, 5 pending sales and 3 closed sales.  Our pending sales are the same as last year, otherwise there was better activity in 2015.

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report February 2016

Hobe Sound FL 33455 Residential Market Report February 2016

03.21.16 by

Hobe Sound FL 33455 Residential Market Report February 2016

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

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

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

Hobe Sound FL 33455 Residential Market Report February 2016

116 Residential sales are pending and awaiting close  (Up by 40 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2016

27 Homes Sold in February (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong pending sales gain as compared to last month (and previous months), while after two months of increasing inventory. this month saw a decline.  Closed sales were off for the month, but with the pending numbers so good, I expect to see increases for the next few months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 7.6 months (6.1 months in January).  Into a buyers’ market for February after last months balanced market. Though with the strong rise in pending sales I expect to go back into a sellers market in the next month or two.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2014 were:  250 active listings, 98 pending sales and 35 closed sales. Much stronger pending sales this year and weaker closed sales along with a much smaller inventory of available homes.

Hobe Sound FL 33455 Residential Market Report February 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 February 2016

Sewalls Point Home with Dock Under Contract

03.21.16 by

Sewalls Point Home with Dock Under Contract

Sewalls Point real estate

This is an amazing opportunity to own a home in South Sewall’s Point and have your boat docked just minutes from the inlet. Dock has water and power and can accommodate up to a 30 ft. boat. This 1/3 acre corner lot has good elevation and does not require flood insurance. Mature oaks surround the pool enclosure and frame with a lushly landscaped and fenced backyard. The home has three bedrooms, two bathrooms and a two car garage. In an awesome location with great bones, but a little updating can make this a spectacular home. Those with some vision and resources will enjoy this Sewall’s Point gem for a long time.

Sewalls Point real estate Sewalls Point real estate

The Town of Sewall’s Point, a unique peninsula located between the St. Lucie and Indian Rivers, has a Commission form of government consisting of five elected Commissioners and a staff that includes a part-time Town Manager, a Town Clerk/Treasurer, a Police Chief and Police Department and a Building Official who heads the Building and Public Works Departments. All Town government operations are located in the Town Hall which also houses a sixty seat Meeting Hall.

Sewalls Point real estate Sewalls Point real estate

The Town is a residential community with a small commercial area. It is bounded on the east by the Indian River, on the south and west by the St. Lucie River and on the north by unincorporated areas of Martin County. The peninsula is 3.5 miles long and an average third of a mile in width. Of the 780 acres comprising the Town, 766 acres or 98.20% are designated for single family use. The southernmost point of the peninsula lies approximately two miles west of the Atlantic Ocean via the St. Lucie Inlet. Hutchinson Island is to the east across the Indian River and the City of Stuart is to the west across the St. Lucie River.

Sewalls Point real estate Sewalls Point real estate

Sewalls Point real estate Sewalls Point real estate

Search here for all Sewalls Point homes for sale

Sewalls Point Home with Dock Under Contract

Jensen Beach FL 34957 Condo Market Report February 2016

03.20.16 by

Jensen Beach FL 34957 Condo Market Report February 2016

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

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



There are currently 26 active listings. (Decreased by 13 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

18 Condo sales are pending and awaiting settlement. (Decreased by 1 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

11 Condos Sold (Increased by 5 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

 The Jensen Beach FL 34957 Condo Market Report February 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  A very unexpected and dramatic drop of active condos for sale (inventory), while both pending sales and closed sales increased from the previous month.  The future months may be problematic unless the inventory increases.

The one month absorption rate for the February 2016, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.4  months (from 6.5 months in January), bringing this segment of the Martin County condo market back into an extreme sellers market again, after one month as a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2015 numbers were: 40 active listings, 14 pending sales and 9 condos closed.  Better activity this year when compared to last year even though we only have a little more than half the inventory from last year.

Jensen Beach FL 34957 Condo Market Report February 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2016

Jensen Beach FL 34957 Residential Market Report February 2016

03.19.16 by

Jensen Beach FL 34957 Residential Market Report February 2016

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

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

 There are currently 128 active listings. (Down by 9 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2016

66 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2016

20 Homes Sold (Decreased by 10 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2016

The Jensen Beach FL 34957 Residential Market lost some of the rise in inventory from last month but did have a small increase in pending sales along with a larger drop in closed sales.  But, this has just brought the Jensen Beach market back into a balanced one.  Which is still a good market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 6.4 months (was 4.6 months in January).  Transitioning into a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2015 numbers were: 146 active listings, 85 pending sales and 26 home sales closed.   Somewhat better activity last year along with reduced availability of homes this year.
Jensen Beach FL 34957 Residential Market Report February 2016

Search here for Jensen Beach Real Estate for Sale

Rental Properties

Residential Properties

All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL

Vacant Land Properties

Condominium Properties

Commercial Properties

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

Jensen Beach FL 34957 Residential Market Report February 2016

Palm City FL 34990 Condo Market Report February 2016

03.18.16 by

Palm City FL 34990 Condo Market Report February 2016

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

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



There are currently 65 active condo listings. (Increased by 1 condos from January)

   Palm City FL 34990 Condo Market Report February 2016

15 Condo sales are pending and awaiting close or lender approval. (Up by 6 condos from last month)

Palm City FL 34990 Condo Market Report February 2016

6 Condos Sold in February. (Up by 4 condos from January)

Palm City FL 34990 Condo Market Report February 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For this month, we had some nice increases in both pending and closed sales while the inventory stayed almost constant.

The current absorption rate for condos in the 34990 zip code area dropped to 10.8 months (was 34 months in February).   Still a buyers market for Palm City condos, but trending towards a balanced one.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The February 2015 numbers were: 54 active listings, 13 pending sales and 4 closed sales.   Slightly better activity this year when compared to February of 2015, but we also have a greater inventory of available condos for sale.  Very unusual for today’s market.
Palm City FL 34990 Condo Market Report February 2016

Search for Palm City Condos by Price:

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report February 2016