Cobblestone Country Club March 2015 Market Update

03.23.15 by

Cobblestone Country Club March 2015 Market Update

There are currently 7 homes for sale in the Cobblestone Country Club of palm City, FL.  List prices range from $350,000 to 749,900. The average list price equals $575,085 which is $158.50 per sq. ft. of living area.  No distressed sales in these  listings.

2 Homes are under contract and awaiting sale.  List prices were $474,900 and 574,900 for an average of $524,900 which equals $142.20 per sq. ft. of living area.   Both of these are conventional sales.

In the past 12 months, 16 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $320,400 to $515,000 and the average sale price equaled $428,393 or $134.90 per sq. ft. of living area at a list to sales ratio of 93%.  These sales included 3 bank owned foreclosure sales and there were no short sales.

 

Cobblestone Country Club

Cobblestone Country Club March 2015 Market Update

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 2015 Market Update

Cobblestone Country Club March 2015 Market Update

Cobblestone Country Club Homes for Sale

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Cobblestone Country Club March 2015 Market Update

Hobe Sound FL 33455 Condo Market Report February 2015

03.22.15 by

Hobe Sound FL 33455 Condo Market Report February 2015

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2015

 

For February 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 19 active condo listings. (Up by 2 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2015

5 Condo sale is pending and awaiting close. (Up by 2 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2015

3 Condos sold in January (Unchanged from January)

Hobe Sound FL 33455 Condo Market Report February 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory rose for February for the third month in a row.  A welcome sight.   Pending sales also rose while closed sales remained unchanged.

The current absorption rate is 6.3 months (Last month it was 5.7 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that February not indicate 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 2014 numbers were: 23 active listings, 3 pending sales and 3 closed sales.  Similar activity to last year.

Hobe Sound FL 33455 Condo Market Report February 2015

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Hobe Sound FL 33455 Condo Market Report February 2015

 

Moon River Jensen Beach March 2015 Market Update

03.22.15 by

Moon River Jensen Beach March 2015 Market Update

As of March 2015, there are 2 homes on the market in Moon River on the Jensen Beach Causeway of Hutchinson Island FL.  Listing prices are $309,000 and $450,000 for an average list price of $379,500 which equates to $214.88 per sq. ft. of living area. Neither of these listings are distressed properties.

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

There have been 5 homes sold in the past 12 months in Moon River.  Sales prices ranged from $230,000 to $414,900 for an average sales price of $315,180 which equals $190.42 per sq. ft. of living area and averaged 93% of list price. None of these completed sales were distressed properties.

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 2015 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 2015 Market Update

Hobe Sound FL 33455 Residential Market Report February 2015

03.21.15 by

Hobe Sound FL 33455 Residential Market Report February 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for February 2015

  For February 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 250 active listings. (Up by 19 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2015

98 Residential sales are pending and awaiting close  (Up by 31 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2015

35 Homes Sold in February (Up by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed some improvement for February after a somewhat slower start for the year.  The largest jump was in pending sales which should result in some very strong sales activity in the next month or two.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 7.1 months (7 months in January).  Just a little shy of a balanced market for Hobe Sound.  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 2013 were:  289 active listings, 98 pending sales and 26 closed sales.   Considerably better activity with the lower number of active homes available on the market.

Hobe Sound FL 33455 Residential Market Report February 2015

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Hobe Sound FL 33455 Residential Market Report February 2015

Oversized Corner Lot in Port St Lucie

03.21.15 by

 

This 1/3 of an acre lot at 2979 SW Boxwood Circle has been reduced to $15,000.  Great spot for a wonderful home.

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$15,000
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2979 SW Boxwood Circle
Port Saint Lucie, FL 34953
USA
Over-sized corner lot in a quiet and uncrowded residential area of Port Saint Lucie. Close to the Turnpike as well as easy access to shopping. Ready for a large home in an excellent location.
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Jensen Beach FL 34957 Condo Market Report February 2015

03.20.15 by

Jensen Beach FL 34957 Condo Market Report February 2015

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for February 2015

 

For February 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 40 active listings. (Unchanged from January)

Jensen Beach FL 34957 Condo Market Report February 2015

14 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2015

9 Condos Sold (No change from January)

Jensen Beach FL 34957 Condo Market Report February 2015

 The Jensen Beach FL 34957 Condo Market Report February 2015 remains a small sector as far as condos in Martin County.  Market activity for February remained almost identical to January with the exception of a decrease in pending sales, which may negatively effect closed sales in the coming months.

The one month absorption rate for the February 2015, Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 4.4 months (also 4.4 months in January).  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2014 numbers were: 27 active listings, 20 pending sales and 6 condos closed.  Better activity this year, but also increased inventory, though still very low.

Jensen Beach FL 34957 Condo Market Report February 2015

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Jensen Beach FL 34957 Condo Market Report February 2015

Jensen Beach FL 34957 Residential Market Report February 2015

03.19.15 by

Jensen Beach FL 34957 Residential Market Report February 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2015

 For February 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 146 active listings. (Down by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2015

85 Residential sales are pending and awaiting close or lender approval. (Up by 20 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2015

26 Homes Sold (Decreased by 2 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2015

The Jensen Beach FL 34957 Residential Market continues to show good strong activity with a strong increase in pending sales for this month and a slight drop in closed sales.  The available inventory also took a slight decrease.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased slightly to 5.6 months (was 5.5 months in January).  Still in a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2013 numbers were: 144 active listings, 82 pending sales and 26 home sales closed.   Almost identical activity to last year’s February numbers.
Jensen Beach FL 34957 Residential Market Report February 2015

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Jensen Beach FL 34957 Residential Market Report February 2015

Palm City FL 34990 Condo Market Report February 2015

03.18.15 by

Palm City FL 34990 Condo Market Report February 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for February 2015

 

For February 2015 in the 34990 Zip Code area of Palm City, Florida :



There are currently 54 active condo listings. (Down by 5 condos from January)

Palm City FL 34990 Condo Market Report February 2015

13 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from last month)

Palm City FL 34990 Condo Market Report February 2015

4 Condos Sold in February. (Up by 1 condo from January)

Palm City FL 34990 Condo Market Report February 2015

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Sales for Palm City condos were up slightly for February, as were pending sales.  Our active inventory is currently less than last year’s.

The current absorption rate for condos in the 34990 zip code area is 13.5 months (was 19.7 months in August).   An improvement from last month, but still have a ways to go for a balanced market.  A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.
The February 2013 numbers were: 63 active listings, 6 pending sales and 6 closed sales.   Better activity last year, though only slightly and there was greater inventory.
 Palm City FL 34990 Condo Market Report February 2015

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Palm City FL 34990 Condo Market Report February 2015

Palm City FL 34990 Residential Market Report February 2015

03.17.15 by

Palm City FL 34990 Residential Market Report February 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2015

 

For February 2015 in the 34990 Zip Code area of Palm City Florida :


There are currently 450 active listings (Increased by 7 homes from January)

Palm City FL 34990 Residential Market Report February 2015

  164 Residential sales are pending and awaiting close or lender approval. (Increased by 6 homes from last month)

Palm City FL 34990 Residential Market Report February 2015

55 Homes Sold in January (No change in sold homes from January)

Palm City FL 34990 Residential Market Report February 2015

The Palm City FL 34990 residential real estate continued with some fairly sluggish sold numbers while pending sales remain quite strong, so I’m anticipating a return to a more balanced market soon.  The inventory also rose for the second month in a row, giving buyers more choices of homes.
 The current absorption rate jumped to 8.2 months from 8.1 months in January. The second month in a row of a buyer’s market for Palm City residential real estate.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2013 numbers were:  472 active listings, 131 pending sales and 49 closed sales.  Better activity for 2015 than as compared to last year, which started out fairly slow after a very heated 2013.

Palm City FL 34990 Residential Market Report February 2015

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Palm City FL 34990 Residential Market Report February 2015

Kingswood Condo Stuart FL Under Contract

03.17.15 by

Kingswood Condo Stuart FL Under Contract

This central Stuart FL condo in Kingswood is now pending thanks to the Gabe Sanders BlueWater realty team.  Now, on to the closing.

Kingswood Condo Stuart FL Under Contract

A private wooded setting, 2nd floor unit, in rear of complex. Kitchen is open to living/dining area. Patio is glassed in with a/c, lots of natural light. Quiet setting. Large master bedroom with walk in closet. Guest bedroom also has walk in closet. Washer and dryer are located inside unit. Vaulted ceilings for open airy space.  This unit comes with a covered car port.  Fantastic location that is within walking distance to restaurants, shops and medical facilities and only a short bike ride to beaches, downtown Stuart and boat ramps. This is affordable retirement living or a great winter home away from home.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood Condo in Stuart FL

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Kingswood Condo in Stuart FL

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

View additional pictures of this Affordable Stuart Condo in Kingswood.

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Kingswood Condo Stuart FL Under Contract

Fort Pierce Waterfront Estate Price Rduced

03.16.15 by

Fort Pierce Waterfront Estate Price Rduced

Reduced to $1,090,000.  Gorgeous views from this waterfront estate large remodeled home on 2 acres.

Indian River Drive Wide Waterfront Estate

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Prestigious waterfront home on Indian River Drive with wide river views.  Enjoy this 6 Bedroom, 6 Bathroom pool home on almost 2 acres.  Expansive views from the second floor master bedroom suite balcony.  Huge walk in closet could be another bedroom. There are three additional bedrooms in the main home and 2 detached (covered breezeway) 1 bedroom apartments with individual bathrooms. Large den with built in shelves/bookcases. A formal dining room, entertainment/theater room, 2 Fireplaces, Kitchen with granite counters, stainless steel appliances, breakfast bar, built in desk and a large walk in pantry. There’s 140′ of waterfront with sweeping views of the Indian River and Hutchinson Island. Close to the beaches, shopping, entertainment and restaurants.

Indian River Drive Wide Waterfront Estate

This estate was totally renovated from 2008 to 2010.  Currently offered at $1,300,000.  Very easy to see, please call for appointment.

Indian River Drive Wide Waterfront Estate

Twelve miles of paradise on a two lane country road along the Treasure Coast between the Island Life Of Jensen Beach and the Historic Town of Ft. Pierce.  Most of the homes on Indian River Drive will have the wide views of the Intracoastal (Indian River)  on the east side and the unspoiled beauty of the Savannahs Preserve State Park on the west side.

Indian River Drive Wide Waterfront EstateThe blue waters of the Atlantic Ocean are just minutes away.  The famous Hutchinson Island is viewed by all residents along this designated Florida Scenic Route.

Indian River Drive Wide Waterfront Estate

The early settlers of the Treasure Coast recognized the Tropical Beauty of this bit of paradise.  Long used as transportation route for the pineapple plantation owners to ship their product to various ports-o-call. The Intracoastal has easy access to the Atlantic Ocean and is a safe haven for boaters.  World class marine life is right at your doorstep and the fishing is some of the best in the world.

Indian River Drive Wide Waterfront Estate

The high elevation along the drive adds drama and beauty to most homes along this scenic stretch of two lane road.

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Fort Pierce Waterfront Estate Price Rduced

Stuart FL 34997 Condo Market Report February 2015

03.15.15 by

Stuart FL 34997 Condo Market Report February 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2015

 

For February 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 44 active condo listings (Unchanged from January).

Stuart FL 34997 Condo Market Report February 2015

25 Condo sales are pending and awaiting close or lender approval (Increased by 8 condos from January).

Stuart FL 34997 Condo Market Report February 2015

13 Condos Sold in February (Increased by 2 condos from January).

Stuart FL 34997 Condo Market Report February 2015

The Stuart FL condo market for zip code 34997 continues to show very strong activity while inventory levels remain at uncomfortably low levels.  For February 2015, both closed and pending sales saw increase.
The one month absorption rate dropped again to 3.4 months after last months amazing 4 month rate.  Continuing as an extreme seller’s market.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The February 2013 numbers were: 91 active listings, 37 pending sales and 9 closed sales.   We have less than half of last years’ condo inventory for the 34997 zip code area of Stuart FL.  Yest activity is almost as robust as last year.  This is a very strong market for sellers and prices are being driven up by demand while there’s little supply.

Stuart FL 34997 Condo Market Report February 2015

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2015

 

 

Port St Lucie Pool Home Under Contract

03.15.15 by

Port St Lucie Pool Home Under Contract

Port St Lucie Pool Home

For those of you that waited, it may be to late to get a chance for this pool home on a cul-de-sac in a great location in Port St. Lucie.  Now under contract through the marketing efforts of the Gabe Sanders BlueWater realty team.

Port St Lucie Pool Home

Well maintained home with convenient location. Newer windows and both baths remodeled. Kitchen has newer cabinets and pass through window to pool. Tile is set on a diagonal and brick pavers leading up to the front door. The yard is fenced. Cute house on the cul-de-sac that backs up to the preserve for lots of privacy.

Port St Lucie Pool Home

Port St. Lucie has been ranked as one of the cleanest, safest and fastest-growing cities in the United States . With that in mind, traditional neighborhoods are a popular choice in Port St. Lucie real estate. Ideal for growing families, traditional neighborhoods are made up of single-family homes—free-standing structures that share no walls with other homes. Port St. Lucie’s neighborhoods are conveniently located, with a large selection of restaurants, schools, banking, healthcare services, shopping and entertainment opportunities nearby.

Port St Lucie Pool Home

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Port St Lucie Pool Home Under Contract

Stuart FL 34997 Residential Market Report February 2015

03.14.15 by

Stuart FL 34997 Residential Market Report February 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2015

 

There are currently 373 active listings (Increased by 25 homes from January).

Stuart FL 34997 Residential Market Report February 2015

202 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from January).

Stuart FL 34997 Residential Market Report February 2015

72 Homes Sold in February (Decreased by 4 homes from January)

Stuart FL 34997 Residential Market Report February 2015

      The Stuart Florida Residential Market for ZIP Code 34997 continues to outperform most other Stuart FL areas in the single family real estate market.  We had a significant increase in inventory for February, though still under last years level.  Continued strong pending and closed numbers even if slightly off from last month.
     The current one month absorption rate increased to 5.2  months (was 4.6 months for January).  Still a sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2013 numbers for February, were: 424 active listings, 184 pending listings and 63 closed sales.  For the first two months of 2015, activity has been superior to last year.
Stuart FL 34997 Residential Market Report February 2015

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Stuart FL 34997 Residential Market Report February 2015

 

Island Village Townhouse Hutchinson Island Just Listed

03.14.15 by

Island Village Townhouse Hutchinson Island Just ListedIsland Village on Hutchinson Island

An exciting opportunity for those who’ve been waiting for an affordable yet spacious Hutchinson Island home.  Just listed for $149,900 in the Island Village community of Jensen Beach on Hutchinson Island.

Island Village townhouse on Hutchinson Island Island Village on Hutchinson Island

Beautiful townhouse on Hutchinson Island with deeded beach access. Kitchen renovated in 2009, new Amana fridge 2014 with bottom freezer, Corian counter tops, pantry, breakfast bar, tile downstairs, wooded stairs, wood floors on 2nd floor, recently painted, new bi-fold doors, with a rear view of a preserve. New 2 ton a/c unit 2013 and storm shutters. Seller has paid the sewer assessment in full. Furniture is negotiable. Complex is nicely landscaped in tropical foliage, community pool, tennis courts and small club house with a lending library. All this with your own deeded beach access right across the street. Wow, all this on the beach for under $150,000.

 Island Village on Hutchinson Island Island Village on Hutchinson Island

For additional pictures and information click here.

Island Village townhouse on Hutchinson Island Island Village townhouse on Hutchinson Island

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Island Village Townhouse Hutchinson Island Just Listed

Stuart FL 34996 Condo Market Report February 2015

03.13.15 by

Stuart FL 34996 Condo Market Report February 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for February 2015

For February 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 122 active condo listings (Down by 3 condos from last month).

Stuart FL 34996 Condo Market Report February 2015

60 Condo sales are pending and awaiting close or lender approval (Decreased by 2 condos from January).

Stuart FL 34996 Condo Market Report February 2015

25 Condos Sold in February (Increased by 2 condos from January) 

Stuart FL 34996 Condo Market Report February 2015

The Stuart FL 34996 Condo Market continues to show strong results for 2015.  My biggest concern is the continued decrease in inventory from last year.  This is somewhat surprising as prices are going up and I would have thought more condo owners would be listing during our peak season.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 4.9 months from January’s 5.4 months .  Moving to an even stronger sellers’ market for February.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for February 2013 were: 171 active listings, 52 pending sales and 30 closed sales.  When the decreased inventory for this year is factored into the data, the sales activity is better this year by percentage of available condos.

Stuart FL 34996 Condo Market Report February 2015

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Stuart FL 34996 Condo Market Report February 2015

Just Listed Spacious Coral Point Pool Home

03.13.15 by

Just Listed Spacious Coral Point Pool Home

New on the market is this spacious Coral Point Pool Home in Rocky Point.  Listed for $689,000 by the Gabe Sanders BlueWater Realty Team.

Spacious Coral Point Pool Home

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Spacious Coral Point Pool Home

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Spacious Coral Point Pool Home Spacious Coral Point Pool Home Spacious Coral Point Pool Home

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Just Listed Spacious Coral Point Pool Home

Stuart FL 34996 Residential Market Report February 2015

03.12.15 by

Stuart FL 34996 Residential Market Report February 2015

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for February 2015

 

For February 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 158 active listings (Down by 2 homes from January).

Stuart FL 34996 Residential Market Report February 2015

39 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from January).

Stuart FL 34996 Residential Market Report February 2015

12 Homes Sold in February (Increased by 5 homes from January).

Stuart FL 34996 Residential Market Report February 2015

The 34996 zip code area of the Stuart Florida residential real estate market rebounded a bit from a very poor start in January, though there’s still more room for improvement.   Increase closed sales along with a small decrease in pending sales and inventory for February.

The one month absorption rate for the 34996 zip code area of Stuart Florida for February increased to 13.2 months as compared to January’s 22.9 months.  A huge buyers’ market, though I suspect this will be a short time phenomenon.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for February of 2013 were: 152 active listings, 40 pending sales and 6 closed sales.  Very similar activity to Feb. 2014.  No significant differences other than double the number of closed sales.

Stuart FL 34996 Residential Market Report February 2015

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Stuart FL 34996 Residential Market Report February 2015

Garden Villas Townhouse Back on Market at New Price

03.12.15 by

Garden Villas Townhouse Back on Market at New Price

Garden Villas Townhouse Back on Market at New Price

Back on the market, this north Stuart townhouse in Garden villas, and even better, the price has been reduced to $114,900.

Garden Villas Townhouse Back on Market at New Price Garden Villas Townhouse Back on Market at New Price

Conveniently located in North River Shores area. Beautiful townhouse with stainless steel appliances, tile, large private courtyard for Florida outdoor living, fountain in courtyard, large living room with sliders for bright open airy feeling, skylight in stair area, both bedrooms have a balcony. Unit located in the back with a woodsy view. Large walk-in closet in master bedroom. Accordion storm shutters on all windows. Close to mall, restaurants, entertainment and downtown. Minutes from the beach. Low HOA fee in a pet friendly development. Florida living at its best!

Garden Villas Townhouse Back on Market at New Price Garden Villas Townhouse Back on Market at New Price

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Stuart Florida real estate from the Gabe Sanders BlueWater Realty Team.  Our specialty is finding fine homes, condos and vacant land for our preferred customers.

Garden Villas Townhouse Back on Market at New Price

 

Stuart FL 34994 Condo Market Report February 2015

03.11.15 by

Stuart FL 34994 Condo Market Report February 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for February 2015

For February 2015 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 95 active condo listings (Down by 16 condos from January).

Stuart FL 34994 Condo Market Report February 2015

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

Stuart FL 34994 Condo Market Report February 2015

12 Condos Sold in February (Up by 3 condos from January).

Stuart FL 34994 Condo Market Report February 2015

The Stuart FL 34994 Condo market showed some excellent activity for February.   Inventory declined and both pending and closed sales showed improvements.

The one month absorption rate increased to 7.9 months compared to last month’s 12.3.  Still a buyer’s market but getting closer to a balanced one. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last February the numbers were 130 active listings, 40 pending sales, and 17 closed sales.  Considerably less inventory for this year compared to 2014, but activity is still on a pra with last years numbers.

Stuart FL 34994 Condo Market Report February 2015

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Stuart Florida Market Report ZIP Code 34994 – Condo, February 2015