October 2014 Monthly Market Detail Florida Single Family Homes

11.26.14 by

October 2014 Monthly Market Detail Florida Single Family Homes

The October 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed continued improvement for the single family real estate market.  Year to year closed sales were up by 17.8% (was up by 13.5% in September) and new sales under contract (new pending sales) increased by 4.7% (was up by 10.6% in September).

Both median and average sales prices continue to rise ( October 2013 to October 2014) by 4.6% and 6.1% respectively, compared to September’s 5.9% and 4%.   Slow and steady appreciation is a sign of a stable and growing real estate market.

The inventory of available homes for sale rose by 4.2% from last year.  This is now a full thirteen months of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  This increase in inventory makes for greater choices and more price competition among sellers. With only a 5.4 months supply of inventory, this is a healthy market with a slight edge to sellers. (October of 2013 had a 5.5 month supply)

October 2014 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:
October 2014 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.

October 2014 Monthly Market Detail Florida Single Family Homes

Hobe Sound FL 33455 Condo Market Report October 2014

11.25.14 by

Hobe Sound FL 33455 Condo Market Report October 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2014

 

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

 

There are currently 19 active condo listings. (Down by 5 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2014

5 Condo sale is pending and awaiting close. (Up by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2014 

1 Condos sold in September (Decreased from 2 sales in September)

Hobe Sound FL 33455 Condo Market Report October 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is down to only 15 condos for sale in all of Hobe Sound.  Pending sales were up for October after being zero in September.  Though, only 1 closed sale last month.

The current absorption rate is 15 months (Last month it was 9.5 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 October 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 October 2013 numbers were: 15 active listings, 4 pending sales and 1 closed sales. Almost identical to last year’s activity.

Hobe Sound FL 33455 Condo Market Report October 2014

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Hobe Sound FL 33455 Condo Market Report October 2014

 

Pool Home Port Saint Lucie New Price

11.25.14 by

Pool Home Port Saint Lucie New Price

Pool Home Port Saint Lucie New Price

This Port St. Lucie Pool Home on a cul-de-sac with private preserve views has been reduced to an amazing price of $155,000.

Pool Home Port Saint Lucie New Price

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.

Pool Home Port Saint Lucie New Price

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.

Pool Home Port Saint Lucie New Price

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Pool Home Port Saint Lucie New Price

Hobe Sound FL 33455 Residential Market Report October 2014

11.24.14 by

Hobe Sound FL 33455 Residential Market Report October 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2014

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

There are currently 250 active listings. (Down by 1 home from September)

Hobe Sound FL 33455 Residential Market Report October 2014

 

55 Residential sales are pending and awaiting close  (Decreased by 19 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2014

58 Homes Sold in October (Up by 33 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for October showed a very strong recovery in closed sales from a weak September.  Unfortunately, pending sales were off a bit. Inventory pretty much unchanged.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 4.3 months (10 months in September).  Back into a sellers market for Hobe Sound, which is where it’s been for the past 12 months except for last month. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2013 were:  249 active listings, 84 pending sales and 26 closed sales.   Much better sales activity, unfortunately pending sales are weaker this year.

Hobe Sound FL 33455 Residential Market Report October 2014

 

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Hobe Sound FL 33455 Residential Market Report October 2014

The Meadows Palm City Capri Pool Home Sold

11.24.14 by

The Meadows Palm City Capri Pool Home Sold

The Gabe Sanders BlueWater realty team was selected by this buyer to assist them in the purchase of this lovely pool home in the Meadows of Palm City on 1780 SW Waterfall Blvd.  The sales price was negotiated to $225,000.  An exceptional value for the buyer of a pool home in the Meadows.

Popular Lakefront Capri model-DiVosta built villa on over sized lot with a custom pool and spa. This original owner has taken great care of this unit. Newer appliances and very interesting cement (with crushed shells) kitchen counter tops. The Meadows community features a magnificent fountain entry, with oak tree lined streets, extra-wide sidewalks for walking/biking, community pool, tennis, and a tot lot. There’s a 24 hour manned security gate, plus roving security patrols. All this in an excellent Palm City location – close to shopping, dining, several golf courses, schools and easy access to I95 and the Florida Turnpike. This is a winner!

The Meadows at Martin Downs is a family friendly residential community very well situated in Palm City, Florida. Their are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6 distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro and Ridgewood.

 

The Meadows is a guard gated community with round-the-clock security. Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basket ball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts. Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

 The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988. Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

   

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four unit Town Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988. DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full time support staff.

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The Meadows Palm City Capri Pool Home Sold

Jensen Beach FL 34957 Condo Market Report October 2014

11.23.14 by

Jensen Beach FL 34957 Condo Market Report October 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2014

 

For October 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 33 active listings. (Down by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2014

14 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2014

3 Condos Sold (Down by 7 condo from September)

Jensen Beach FL 34957 Condo Market Report October 2014

 The Jensen Beach FL 34957 Condo Market Report October 2014 remains a small sector as far as condos in Martin County.  Unfortunately closed sales were down this month after a very good month in September.  Pending sales increased though, which is a good sign for future activity.

The one month absorption rate for the October 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 11 months (3.4 months in September), now a strong sellers market after a couple of weak summer months.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2013 numbers were: 36 active listings, 13 pending sales and 7 condos closed.   Slightly better activity last year, but with such a small number it’s difficult to draw meaningful comparisons.

Jensen Beach FL 34957 Condo Market Report October 2014

 

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Jensen Beach FL 34957 Condo Market Report October 2014

Jensen Beach FL 34957 Residential Market Report October 2014

11.22.14 by

Jensen Beach FL 34957 Residential Market Report October 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2014

 

 For October 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 125 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2014

 

62 Residential sales are pending and awaiting close or lender approval. (Down by 12 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2014

 

22 Homes Sold (Decreased by 17 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2014

 

The Jensen Beach FL 34957 Residential Market Report finally slowed from its very active summer activity for October.  The inventory rose and both pending and closed sales were off for this month.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.7 months (was 2.9 months in September).  Still 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 October 2013 numbers were: 127 active listings, 75 pending sales and 17 home sales closed.  better closed activity for this year, but not quite as good in the pending sales department.
 Jensen Beach FL 34957 Residential Market Report October 2014
 
 

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Jensen Beach FL 34957 Residential Market Report October 2014

4 BR Lakefront Pool Home Jensen Beach Reduced

11.22.14 by

4 BR Lakefront Pool Home Jensen Beach Reduced

2631 NW Windemere Drive in the Pines of Jensen Beach has now been reduced to $383,900.  Please come and see this exceptionally well located and maintained home.
4 BR Lakefront Pool Home Jensen Beach Reduced

A newer lake front 4 bedroom, 3 bathroom pool home in the highly sough after Pines subdivision of Jensen Beach, FL.  This is an immaculately maintained and updated home with private lake views.  Upgrades include granite counter tops, a double convection oven and a convection microwave, Bosch dishwasher; A new Trane 18 SEER multi stage air conditioning unit; Miami/Dade approved storm shutters. New PGT tinted windows; and much more.  There’s an elegant formal dining room as well as both a living and family room in a desirable open free flowing configuration.  The spacious master suite has a separate tub and shower as well as dual vanities.  The fourth bedroom is separate and can easily be used as an in-law suite.  Backup generator outlet in the lanai.

Lakefront Pool Home in Jensen Beach
Overview
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Description
Video Tour
$383,900
Single Family Home
Main Features
4 Bedrooms
3 Bathrooms
Interior: 2,142 sqft
Lot: 10,237 sqft
Location
2631 NW Windemere Dr.
Jensen Beach, FL 34957
USA
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Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why living in the Pines and Windemere are so desirable.

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  “Our Kids can walk to the new High School”

Jensen Beach High School

In addition to the best schools, The Pines is located just 1.5 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  Currently, D.R. Horton is in the process of building brand new affordable homes in both the Pines and Windemere subdivisions at some very affordable prices. 

 

For any questions you may have about 4 BR Lakefront Pool Home Jensen Beach Reduced, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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4 BR Lakefront Pool Home Jensen Beach Reduced

 

Palm City FL 34990 Condo Market Report October 2014

11.21.14 by

Palm City FL 34990 Condo Market Report October 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2014

 

For October 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 58 active condo listings. (Down by 2 condos from September)

Palm City FL 34990 Condo Market Report October 2014

9 Condo sales are pending and awaiting close or lender approval. (Increased by 5 condos from last month)

Palm City FL 34990 Condo Market Report October 2014

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

Palm City FL 34990 Condo Market Report October 2014 

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  After zero sales in September, there was a nice little rebound for this month with 3 closed sales along with an increase in pending sales.

The current absorption rate for condos in the 34990 zip code area is 19.3 months (was 15 months in August).   A good time to buy if one is interested in the his area.  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 October 2013 numbers were: 59 active listings, 6 pending sales and 4 closed sales.   Very similar activity when compared to last year.
Palm City FL 34990 Condo Market Report October 2014 
 

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Palm City FL 34990 Condo Market Report October 2014

Palm Cove Golf and Yacht Club Pool Home Sold

11.21.14 by

Palm Cove Golf and Yacht Club Pool Home Sold

This Palm Cove Golf and Yacht Club Custom Home on 2484 SW Bridgeview Terrace has been sold by the Gabe Sanders BlueWater realty Team.  The sales price was $584,000.  Plus we managed to secure the new owners am ocean access dock for a 50′ deep water vessel.Palm Cove Golf and Yacht Club Pool Home SoldSpacious Home in Palm Cove with over 3,200 sq. ft. of living area. Palm Cove Golf and Yacht Club Pool Home SoldCustom built Arthur Rutenberg home with designer decorated touches throughout the house is ready for you. From the moment you walk through the beautiful etched glass double door entry you will be impressed by the quality of construction and the perfect blend of colors, window treatments, light fixtures and the view. The entire house flows in perfect harmony. Triple split plan for the floor plan is very versatile. Backyard offers great privacy with lake views. Palm Cove offers golf, tennis, beautiful Clubhouse with Pool & fitness.Palm Cove Golf and Yacht Club Pool Home SoldPalm Cove Golf and Yacht Club Pool Home SoldSearch for All Palm Cove Golf and Yacht Club Homes for SalePalm Cove Golf and Yacht Club Pool Home Sold
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Palm Cove Golf and Yacht Club Pool Home Sold

 

Palm City FL 34990 Residential Market Report October 2014

11.20.14 by

Palm City FL 34990 Residential Market Report October 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2014

 

For September 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 455 active listings (Increased by 22 homes from September)

Palm City FL 34990 Residential Market Report October 2014

 

 122 Residential sales are pending and awaiting close or lender approval. (Increased by 2 homes from last month)

Palm City FL 34990 Residential Market Report October 2014

 

58 Homes Sold in September (Down by 12 homes from September)

Palm City FL 34990 Residential Market Report October 2014

 

The Palm City FL 34990 residential real estate market showed weaker closed sales for October, much like the rest of Martin County.  Inventory took a nice little jump and pending sales remained up, but closed sales were off.
 
 The current absorption rate increased to 7.8 months from 6.2 months in September, moving the Palm City residential real estate market back into a buyers market after a long time of being in a sellers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The October 2013 numbers were:  416 active listings, 144 pending sales and 54 closed sales.  Inventory is up from last year as are closed sales (although only slightly). Unfortunately pending sales are off.

Palm City FL 34990 Residential Market Report October 2014

 

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Palm City FL 34990 Residential Market Report October 2014

Palm City Waterfront Pool Home Pending

11.20.14 by

Palm City Waterfront Pool Home Pending

The Gabe Sanders BlueWater Realty Team has brought the buyer to this Palm City Waterfront Home that is listed for $585,000.

Palm City Waterfront Home Pending

This beautiful home is nestled in a small 7 home waterfront community. Features include genuine wood plank floors, ceramic tile, two stone fireplaces, vaulted and tray ceilings, with pocket sliding doors that give clear unobstructed vistas of the pool, dock and canal. There’s a separate living room with 3 bay windows, a large family room besides the kitchen with a fireplace that opens to the pool and waterfront. The spacious kitchen has granite counters and ample cabinets with a pass thru to the pool area. A real dream kitchen. The floor plan for this home has great flow for wonderful entertainment areas. A true boater’s paradise on a protected canal with over 185ft of seawall and a 42ft dock with electric and water as well as a 9000lb lift. A wonderful home in Palm City FL.

Palm City Waterfront Home Pending

Palm City Waterfront Home Pending

Palm City Waterfront Home Pending

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Palm City Waterfront Pool Home Pending

 

Stuart FL 34997 Condo Market Report October 2014

11.19.14 by

Stuart FL 34997 Condo Market Report October 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2014

 

For October 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 58 active condo listings (Down by 2 condos from September).

Stuart FL 34997 Condo Market Report October 2014

20 Condo sales are pending and awaiting close or lender approval (Decreased by 10 condos from September).

Stuart FL 34997 Condo Market Report October 2014

21 Condos Sold in October (Increased by 12 condos from September).

Stuart FL 34997 Condo Market Report October 2014

The Stuart FL condo market for zip code 34997 continues with strong activity for October of 2014.  Closed sales increased by more than 50% from last month.  Unfortunately, pending sales were off, while the inventory too a small drop.

The one month absorption rate dove to 2.8  months from last months 6.7.  Back into a sellers market after last months balanced 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 October 2013 numbers were: 91 active listings, 17 pending sales and 19 closed sales.  Even with the considerably lower inventory, this segment of the Stuart condo market is markedly outperforming last year’s activity.

Stuart FL 34997 Condo Market Report October 2014

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2014

 

 

New Price Conquistador Condo Stuart FL

11.19.14 by

New Price Conquistador Condo Stuart FL

The new price for Conquistador Condo Building 12 Unit 305 is $92,000.

Exceptionally well maintained condo in a vibrant 55+ community with multiple pools, active clubhouse and a 2 acre waterfront plaza on the banks of the Saint Lucie River with a fishing pier and day dock.  For golfers, the 36 hole Martin County municipal golf course is right next door.

This is the first time this condo has been on the market. An updated 2 BR, 2 BA home with granite counters and resilient flooring. Newer top of the line AC. This is a pet friendly building with up to one large dog permitted. Third floor (top floor) in an elevator building with peaks of the golf course. Close to downtown Stuart, restaurants, shopping, boating and our beaches.

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

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

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

Search for available Condos in Conquistador

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

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New Price Conquistador Condo Stuart FL

Stuart FL 34997 Residential Market Report October 2014

11.18.14 by

Stuart FL 34997 Residential Market Report October 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2014

 

There are currently 368 active listings (Increased by 17 homes from September).

Stuart FL 34997 Residential Market Report October 2014

144 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from September).

Stuart FL 34997 Residential Market Report October 2014

81 Homes Sold in October (Decreased by 6 homes from September)

Stuart FL 34997 Residential Market Report October 2014

      The Stuart Florida Residential Market for ZIP Code 34997 has been one of the hottest areas for Martin County residential sales.  For October of 2014, activity has moderated a bit from the past few very strong months, but is still very active.   Both pending and closed sales were off and the inventory rose.
 
     The current one month absorption rate increased to 4.5  months (was 4 months for September).  A hot 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 October, were: 381 active listings, 171 pending listings and 62 closed sales.  Better closed activity this year, though pending sales are not as strong as last years numbers.  Inventory is also lower.
Stuart FL 34997 Residential Market Report October 2014 
 
 

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Stuart FL 34997 Residential Market Report October 2014

Port St Lucie Pool Home Great New Price

11.18.14 by

Port St Lucie Pool Home Great New Price

 

Port St Lucie Pool Home Great New Price

This Port St. Lucie Pool Home on a cul-de-sac with private preserve views has been reduced to a new price of $150,000.

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 Great New Price

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 Great New Price

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Port St Lucie Pool Home Great New Price

Stuart FL 34996 Condo Market Report October 2014

11.17.14 by

Stuart FL 34996 Condo Market Report October 2014

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2014

For October 2014 in the 34996 Zip Code area of Stuart, Florida :

There are currently 152 active condo listings (Up by 5 condos from last month).

Stuart FL 34996 Condo Market Report October 2014

50 Condo sales are pending and awaiting close or lender approval (Increased by 13 condos from September).

Stuart FL 34996 Condo Market Report October 2014

 

15 Condos Sold in October (Decreased by 13 condos from September) 

Stuart FL 34996 Condo Market Report October 2014

The Stuart FL 34996 Condo Market demonstrated a weaker October 2014.  Closed sales took a big dive, fortunately pending sales were up and interestingly this segment saw a rise in inventory.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 10.1 months from September’s 5.25 months .  Back into a buyers market after last months strong activity.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for October 2013 were: 171 active listings, 32 pending sales and 22 closed sales.  Inventory is still considerably under last years levels and sales are also lower.  The bright note is the increase in pending sales which should result in greater sales numbers in the near future.

Stuart FL 34996 Condo Market Report October 2014

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Stuart FL 34996 Condo Market Report October 2014

River Pines Town Home Stuart FL Sold

11.17.14 by

River Pines Town Home Stuart FL SOLD!

5686 SE Riverboat Drive in River Pines, Stuart, FL has been sold by the Gabe Sanders BlueWater Realty team. Listed price was $128,000 and this home sold for $124,500 with no seller concessions after 26 days on the market.

Spacious town home with private quiet location in River Pines. Only a short walk or bike ride to the Intracoastal with kayak storage and launch, or just fish from the dock. Boat ramps also nearby.

River Pines Town Home Stuart FL Sold

River Pines Town Home Stuart FL Sold

All ages welcome and 2 medium pets permitted. 2 reserved parking spots with additional guest parking. 2 Community pools, tennis courts and racquetball/handball courts. Exceptionally well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street). A partial list of updates include: Granite Counters in the kitchen, Updated cabinets, New dishwasher in 2012, Impact Glass on all windows, Miami/Dade accordion shutters, New AC in 2011, ceramic tile in bathrooms, new carpet in bedrooms and much more.

River Pines Town Home Stuart FL Sold

River Pines Town Home Stuart FL Sold

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes. This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines Town Home Stuart FL Sold

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines Town Home Stuart FL Sold

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines Town Home Stuart FL Sold

As of September 2014 HOA fees were $160 per month.

River Pines Town Home Stuart FL Sold

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River Pines Town Home Stuart FL Sold

Stuart FL 34996 Residential Market Report October 2014

11.16.14 by

Stuart FL 34996 Residential Market Report October 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2014

 

For October 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 156 active listings (Up by 1 home from September).

Stuart FL 34996 Residential Market Report October 2014

32 Residential sales are pending and awaiting close or lender approval (Unchanged from September).

Stuart FL 34996 Residential Market Report October 2014

11 Homes Sold in October (Increased by 4 homes from September).

Stuart FL 34996 Residential Market Report October 2014

The 34996 zip code area of the Stuart Florida residential real estate market remains a bit weak, though with a slight improvement from last month.  Closed sales were up while both inventory and pending sales were steady.

The one month absorption rate for the 34996 zip code area of Stuart Florida for October increased to 14.2 months as compared to September’s 22 months.  A strong buyers market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for October of 2013 were: 129 active listings, 27 pending sales and 13 closed sales.  There’s increased inventory from last year and also a greater number of pending sales, unfortunately fewer closed sales.

Stuart FL 34996 Residential Market Report October 2014

 

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Stuart FL 34996 Residential Market Report October 2014

Sandpebble Condo Amazing Views New Price

11.16.14 by

Sandpebble Condo Amazing Views New Price

4490 NE Sandpebble Trace, Suite 8-301 on Hutchinson Island FL is available for sale now at a reduced price of $250,000.  This Sandpebble condo is located on the Intracoastal side of the Sandpebble Condo complex on South Hutchinson Island in Stuart, FL. 

Gorgeous views from this 3rd floor end unit condo in Sandpebble, overlooking the pool, docks, plus, with mile wide river views.  An immaculate 2 BR, 2 BA condo that has been well maintained.  Upgrades include Corian counter-tops in kitchen, large dual sink, stove and microwave. Plantation shutters in the dining area, carpets that are 3 years new.  Both bathrooms updated, new vanities, new shower stall with designer details. Custom built storage in living area.  Accordion shutters for easy access and security.

On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best kept secrets in Martin County.  Located on a pristine 37 acres that reaches from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 river side and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

On the spacious grounds there is plenty of green space for outdoor activities, two hard court tennis courts and a fully equipped club house with kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Construction of the Sandpebble complex began in 1982 and just recently all buildings were completely refurbished with metal roofs, Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration, the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.

For additional information and availability of Sandpebble Condominiums and other attractive Oceanfront Homes, Condos or Vacant Land, contact Gabe Sanders.

Sandpebble Video Overview

 

Sandpebble Condo Amazing Views New Price