Stuart FL 34997 Residential Market Report September 2019

10.23.19 by

Stuart FL 34997 Residential Market Report September 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2019

For September 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 255 active listings (Decreased by 19 homes from August).

Stuart FL 34997 Residential Market Report September 2019 

164 Residential sales are pending and awaiting close or lender approval (Up by 25 homes from August). 

Stuart FL 34997 Residential Market Report September 2019 

61 Homes Sold in September (Decreased by 18 homes from August)

Stuart FL 34997 Residential Market Report September 2019

      The Stuart Florida Residential Market for ZIP Code 34997 remains as one of the most active segments of the Martin County residential real estate market.  Closed sales were down from last month while the pending sales volume rose.  As a result, we are expecting strong closed sales numbers for the coming months.
     The absorption rate rose to 4.2 months (was 3.5 months for August).  We remain in a seller’s market for the 34997 zip code area of Stuart for September 2019.  So, a typical balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for September, were: 289 active listings, 123 pending listings, and 86 closed sales.  Better closed sales volume last year, while pending sales are better this year.  While this is with a reduced inventory of available homes for sale.
Stuart FL 34997 Residential Market Report September 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34997 zip code area of Stuart FL

Search here for vacant land for sale in the 34997 zip code area of Stuart FL

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

Click here to view previous Stuart FL 34997 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34997 Residential Market Report September 2019

Montego Cove October 2019 Market Report

10.23.19 by

Montego Cove October 2019 Market Report

There are 4 condos for sale in Montego Cove in Stuart FL for October 2019.  List prices range from $170,000 up to $199,900.  This is an average list price of $187,100 which works out to $124.24 per sq. ft. of living area.

There are 4 condos under contract awaiting the finalization of the sale.  List prices ranged from $172,000 up to $225,000.  This works out to an average list price of $196,725 or $126.70 per sq. ft. of living area. These condos were on the market for an average of 193 days before going under contract.

In the past 12 months, 9 condos have sold in Montego Cove.  Sales prices ranged from $165,000 up to $245,000.  This equals an average sales price of $204,658 which is $130.52 per sq. ft. of living area.  These condos averaged 58 days on market before accepting the final offer and sold for an average of 97% of the last listed price.

Click here to view previous Montego Cove market reports.

About the Montego Cove Condos in Stuart FL

Montego Cove Condos in Stuart FL

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

Montego Cove Condos in Stuart FL

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

Montego Cove

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

Montego Cove

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

Montego Cove

The condo fees includes the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos for sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Montego Cove October 2019 Market Report

Jensen Beach FL 34957 Condo Market Report September 2019

10.22.19 by

Jensen Beach FL 34957 Condo Market Report September 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2019

There are currently 101 active listings. (Decreased by 5 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2019

28 Condo sales are pending and awaiting settlement. (Down 6 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2019

19 Condos Sold (Down by 6 condos from August)

 The Jensen Beach FL 34957 Condo Market Report showed weaker activity this month.  Though, this market remains quite active.

The one-month absorption rate for the September 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.3 months (from 4.2 months in August). Remaining in a seller’s market for Jensen Beach condos.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The September 2018 numbers were: 87 active listings, 27 pending sales, and 27 condos closed.  Better sales volume last year even with less of a condo inventory to work with.

Jensen Beach FL 34957 Condo Market Report September 2019

Click here to view the previous Jensen Beach condo market reports

Are you interested in the value of your Jensen Beach FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Click here to view previous Jensen Beach FL 34957 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Condo Market Report September 2019

Admiral Condos October 2019 Market Report

10.22.19 by

Admiral Condos October 2019 Market Report

As of October 2019, there are 2 condos for sale in the Admiral on Hutchinson Island in Jensen Beach FL.  List prices were $399,900 and $474,500. This is an average list price of $437,200 or $282.98 per sq. ft. of living area.

There is one condo under contract.  It was listed for $439,000 which is $318.81 per sq. ft. of living area.  This condo was on the market for 46 days before going under contract.

In the past 12 months, 4 condos have sold in the Admiral.  The sales prices ranged from $375,000 up to $625,000.  This is an average sales price of $476,225 which equals $313.67 per sq. ft. of living area.  These condos went under contract in an average of 41 days after being listed.  They sold for an average of 98% of the list price.

Click here to view some previous Admiral market reports.

About the Admiral Condominium on Hutchinson Island at Island Dunes:

Admiral Condominium on Hutchinson Island at Island Dunes

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

Admiral Condominium on Hutchinson Island at Island Dunes

Condos in the Admiral range from 3 bedrooms, 3 bathrooms units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedrooms, 2 bathrooms condos with 1,377 sq. ft.  Condo fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.

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

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

Admiral Condominium on Hutchinson Island at Island Dunes

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

Admiral Condominium on Hutchinson Island at Island Dunes

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

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

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Admiral Condos October 2019 Market Report

Jensen Beach FL 34957 Residential Market Report September 2019

10.21.19 by

Jensen Beach FL 34957 Residential Market Report September 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2019

 There are currently 193 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2019

57 Residential sales are pending and awaiting close or lender approval. (Increased by 3 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2019

38 Homes Sold (Down by 5 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2019

The Jensen Beach FL 34957 Residential Market had a slight drop in activity from last month.  Yet, it remains quite active and robust.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.1 months ( was 4.6 months in August).  Remaining in a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or the buyer.
The September 2018 numbers were: 163 active listings, 55 pending sales, and 48 home sales closed.  There was better activity last year even with a significantly lower inventory of available Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report September 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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

Click here to view previous Jensen Beach FL 34957 Residential Market Report

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Jensen Beach FL 34957 Residential Market Report September 2019

Lost River Plantation October 2019 Market Report

10.21.19 by

Lost River Plantation October 2019 Market Report

As of October 2019, there are 3 available homes for sale in the Lost River Plantation community of Stuart, FL.  List prices range from $549,000 up to $750,000.  This is an average list price of  $631,333 which equals $222.84 per sq. ft. of living area.

There is 1 home currently under contract in the Lost River Plantation Community.  This home was listed for $775,000 which is $237.29 per sq. ft. of living area.  It was on the market for 121 days before going under contract.

In the past 12 months, there have been 12 sales ranging in sales prices from $384,890 up to $914,000.  This works out to an average sales price of 571,491 or $197.03 per sq. ft. of living area.  Sales prices averaged 95% of the last list price and these homes were on the market for an average of 111 days prior to accepting their offers.

Click here to view older Lost River Plantation market reports.

 About Lost River Plantation in Stuart FL:

Lost River Plantation

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

Lost River Plantation in Stuart FloridaLost River Plantation in Stuart Florida

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

Lost River Plantation in Stuart Florida

Search for all Lost River Plantation Homes for Sale in Stuart Florida
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Lost River Plantation in Stuart FL

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Stuart Florida Real Estate is presented by:
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Lost River Plantation October 2019 Market Report

Empress Condo on Hutchinson Island Under Contract

10.20.19 by

Empress Condo on Hutchinson Island Under Contract

This spacious 2 bedroom oceanfront condo in one of the best buildings on South Hutchinson Island in Jensen Beach is now under contract.  The list price was $390,000.

This condo is offered fully furnished and is ready for immediate occupancy. One small pet is allowed and rentals are also permitted with some restrictions.

Empress oceanfront Condo in Jensen Beach

The master bathroom has dual sinks and a separate shower and tub along with a large walk-in closet.  There is ample closet space in this condo along with an additional storage locker and a laundry room in the condo.  This Empress condo offers direct access to the beach with unobstructed ocean views.  Other amenities include a beachside pool and spa, exercise room, billiards room, table tennis room, card room with a large flat-screen TV, social room and bar, kitchen with ice-maker and dishwasher, covered patio, barbecue grill, tennis courts, golf practice nets, car wash areas, and a decorated lobby.  The HOA fee includes Wi-Fi and cable.  This is a perfect opportunity for a beachside home or a vacation home and even as an investment property.  The Empress Condo is a luxury building and is also known as “The Jewel of the Isle”.

Empress oceanfront Condo in Jensen Beach

About the Empress on Hutchinson Island in Jensen Beach:

The Empress condos of Hutchinson Island in Jensen Beach FL

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences. It was completed in 1988. Located just a couple of miles north of the Jensen Beach Causeway.  The Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress condos of Hutchinson Island in Jensen Beach FL

There are various sizes and configurations of condos in the Empress. They range from very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedrooms, 2 bath units of 1,505 sq. ft. and the remainder 2 bedrooms, 2 bathrooms condos of either 1,500 or 1,299 sq. ft. of living area.

The Empress condos of Hutchinson Island in Jensen Beach FL

There is ample assigned and guest parking.  There are also additional 40 covered detached garages that can be bought and sold between Empress residents. Other community amenities include pool, Jacuzzi, sun deck, card room, clubhouse with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to the beach.

The Empress Condos of Hutchinson Island The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  Garage owners have some additional fees.

Empress oceanfront Condo in Jensen Beach

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach? The Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency –Sand Dollar Shores – Sea Winds – Villa del Sol

Empress Condo on Hutchinson Island Under Contract

800 Place October 2019 Market Report

10.20.19 by

800 Place October 2019 Market Report

For October 2019, there are no condos for sale in 800 Place in Stuart FL.

There are also no condos currently under contract.

In the past 12 months, 8 800 Place condos have sold.  Sales prices ranged from $81,000 up to $123,900. This equals an average sales price of $103,363 which equals $115.85 per sq. ft. of living area.  These condos went under contract in an average of 18 days and for 95% of the last list price.

Click here to view the previous 800 Place market reports.

About the 800 Place Condos in Stuart FL:

800 Place in Stuart FL

The village of 800 Place in Stuart FL is conveniently located just North of Stuart’s Roosevelt Bridge on Fork Road.  Easy access to historic downtown Stuart as well as all the convenient areas for shopping and restaurants located off US-1 in North Stuart and Jensen Beach.

800 Place in Stuart FL 800 Place in Stuart FL

800 Place has both 2 Bedroom, 2 Bathroom condos and 1 Bedroom 1 & ½ Bath and 1 Bedroom 1 Bath units.  Interior sizes range from 1,068 sq. ft. down to 723 sq. ft.  All ages are welcome and one pet up to 50 lbs. is permitted.  Each unit has 1 reserved parking space and there are numerous guest spaces for additional vehicles.  Pickup trucks are allowed to be parked overnight in this complex, one of the very few that allow these in Martin County.

800 Place in Stuart FL 800 Place in Stuart FL

Children who live in 800 Place are zoned to attend the Felix Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Amenities include a clubhouse with a kitchen, meeting facilities, game room and exercise equipment.  A tennis and shuffleboard court and a community pool.  Maintenance fees run from $305 to $400 per month depending on the size of the condo.  These fees include the use of the common area, building insurance, maintenance, cable TV, landscaping, water and sewer, trash pickup and exterior pest control.

800 Place in Stuart FL 800 Place in Stuart FL

For those on a limited budget, the Village of 800 Place may be just the right place.

Currently available 800 Place Condos

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

800 Place October 2019 Market Report

Whitemarsh Reserve October 2019 Market Report

10.19.19 by

Whitemarsh Reserve October 2019 Market Report

For October 2019, there are no homes available for sale in Whitemarsh Reserve in Stuart FL.

There is 1 townhome currently under contract.  It was listed for $247,500 or $141.19 per sq. ft. of living area.  This home went under contract 36 days after being listed.

In the past 12 months, 15 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $220,000 up to $275,000.  This works out to an average sales price of $259,327 which is $124.23 per sq. ft. of living area.  These homes averaged 61 days on market prior to going under contract and sold for an average of 98% of list price.

Click here to view previous Whitemarsh Reserve market reports.

About Whitemarsh Reserve:

Whitemarsh Reserve

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet-friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup, and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West Palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, a variety of great restaurants, shopping, gorgeous beaches, and recreational activities.

Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve

Whitemarsh Reserve October 2019 Market Report

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

Stuart FL 34996 Condo Market Report September 2019

10.18.19 by

Stuart FL 34996 Condo Market Report September 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2019

There are currently 103 active condo listings (Up by 8 condos from last month).

Stuart FL 34996 Condo Market Report September 2019

19 Condo sales are pending and awaiting close or lender approval (Down by 23 condos from August).

Stuart FL 34996 Condo Market Report September 2019

32 Condos sold in September (Up by 17 condos from August) 

Stuart FL 34996 Condo Market Report September 2019

The Stuart FL 34996 Condo Market of Stuart improved the closed sales activity from a very poor previous month.  But, pending sales took a big dip.  This may impact the volume of closed sales in the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to 3.2 months from August’s 6.3 months. Bringing us back into a seller’s market for this segment of Martin County condos but not as extreme as last month.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for September 2018 were: 100 active listings, 30 pending sales, and 22 closed sales. Much better-closed sales activity this year while pending sales were much better last September.

Stuart FL 34996 Condo Market Report September 2019

Click here to view the previous Stuart FL condo market reports

 

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Click here to view previous Stuart FL 34996 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Condo Market Report September 2019

Indian River Point October 2019 Market Report

10.18.19 by

Indian River Point October 2019 Market Report

For October 2019, there is just 1 home available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  This home is listed for $420,000 which equals $207.10 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 7 homes have sold in this waterfront community.  The sales prices ranged from $270,000 up to $585,000.  This works out to an average sales price of $337,000 or $204.72 per sq. ft. of living area.  These homes took an average of 152 days on the market before going under contract. Sales prices were an average of 93% of the list price.

Click here to view previous Indian River Point market reports.

About Indian River Point:

Indian River Point

Situated on the shores of the wide Intracoastal on the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two-story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Indian River Point is a wonderful and tight-knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full-time Florida home.

Indian River Point in Jensen Beach

Search for Indian River Point Homes for Sale in Jensen Beach

 Indian River Point October 2019 Market Report

Stuart FL 34996 Residential Market Report September 2019

10.17.19 by

Stuart FL 34996 Residential Market Report September 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2019

There are currently 125 active listings (Decreased by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2019 

21 Residential sales are pending and awaiting close (Down by 4 homes from August).

Stuart FL 34996 Residential Market Report September 2019

17 Homes Sold in September (Up by 1 home from August).

Stuart FL 34996 Residential Market Report September 2019

The 34996 zip code area of the Stuart Florida residential real estate didn’t have any significant change from last month.  We had a small drop in inventory.  Also, a small drop in pending sales. While we had a small increase in closed sales.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for September dipped to 7.4 months as compared to 8.1 months for last month.  Remaining in a seller’s market for this segment of the Martin County single-family real estate market.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to a 7-month absorption rate.

The numbers for September 2018 were: 151 active listings, 19 pending sales, and 13 closed sales.  Better market activity this year even though we have a smaller inventory of available condos for sale.

Stuart FL 34996 Residential Market Report September 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34996 zip code area of Stuart FL

Search here for vacant land for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate

Click here for previous Stuart FL 34996 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34996 Residential Market Report September 2019

The Charter Club at Martin Downs October 2019 Market Report

10.17.19 by

The Charter Club at Martin Downs October 2019 Market Report

There are currently 4 homes for sale in the Charter Club at Martin Downs in Palm City FL.  List prices range from $265,000 up to $279,999.  This is an average list price of $270,225 or $176.38 per sq. ft. of living area.

There are 3 homes under contract that have not yet sold.   List prices were a low of $239,900 up to a high of $269,900. For an average list price of $259,900 which is $173.38 per sq. ft. of living area.  These homes averaged 53 days on the market before going under contract.

These past 12 months saw 14 Charter Club homes sold.  Sales prices ranged from $217,000 up to $280,000 for an average sales price of $252,273 which equals $168.27 per sq. ft. of living area.  These homes were under contract in an average of 56 days and sold for an average of 97% of list price.

Click here to view previous Charter Club market reports.

About the Charter Club at Martin Downs:

The Charter Club at Martin Downs

The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses, and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

Charter Club in Palm City Martin Downs

Home sizes range from 3 bedrooms, 3 bathrooms, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedrooms, 2 bathrooms homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two-car, though a few of the smaller homes only have one car garages.

Charter Club in Palm City Martin Downs

There are a community pool and hot tub for residents as well as to tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium-sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

Charter Club in Palm City Martin Downs

The HOA fee is currently $235 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control, and trash service.

Charter Club in Palm City Martin Downs

A wonderful and safe community neighborhood that’s close to ‘A’ rated schools.  The Charter Club at Martin Downs is a great place to call home.

the Charter Club at Martin Downs

Search here for Charter Club Homes for Sale

The Charter Club at Martin Downs October 2019 Market Report

Palm City FL 34990 Condo Market Report September 2019

10.16.19 by

Palm City FL 34990 Condo Market Report September 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2019

There are currently 83 active condo listings. (Increased by 3 condos from August)

Palm City FL 34990 Condo Market Report September 2019 

3 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

Palm City FL 34990 Condo Market Report September 2019

0 Condos Sold in September. (Down by 3 condos from August)

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  September had zero sales.  This is the first time in my memory this has happened in this market.

The current absorption rate for condos in the 34990 zip is uncalcuable with zero sales for the month (was 26.7 months in August). This is an extreme buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2018 numbers were: 83 active listings, 5 pending sales, and 6 closed sales.  There was considerably better activity last year.
Palm City FL 34990 Condo Market Report September 2019

Search here for condos for sale in the 34990 zip code area of Palm City FL

Palm City Florida Real Estate presented by
the Gabe Sanders real estate team

Click here to view previous Palm City FL 34990 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Condo Market Report September 2019

Island Village Hutchinson Island October 2019 Market Report

10.16.19 by

Island Village Hutchinson Island October 2019 Market Report

There are 4 townhomes for sale in the Island Village community of Hutchinson Island.  List prices range from $142,000 up to $1199,900.  This is an average list price of $167,675 or $130.31 per sq. ft. of living area.

There are no homes under contract in Island Village at this time.

8 townhomes have sold in the past 12 months.  Sales prices ranged from a low of $132,000 up to $190,000.  This works out to an average sales price of $161,250 which equals $126.97 per sq. ft. of living area.  These homes averaged 98 days on the market prior to going under contract and sold for 96% of list price.

Click here to view previous Island Village market reports.

About Island Village on Hutchinson Island FL:

Island Village on Hutchinson Island FL

Island Village in Jensen Beach on Hutchinson Island is a townhouse community that was developed between 1981 and 1983.  Located on a huge preserve area on the west side of Highway A-1-A  with deeded ocean access just across the street. Island Village was created in two different phases, with phase I offering 28 quad style townhouses that offer 2 bedrooms, 2 and ½ baths and 1,328 sq. ft. of living area.  While phase II consists of 96 units of 1,270 sq. ft. with 2 bedrooms and 1 and ½ baths, in buildings with various sized units.

Island Village Townhouses on Hutchinson Island

As of September 2018, the HOA fees (which include insurance as in condo communities) are $360 per month for phase I (quad style) and $330 per month for phase II (row style).  These fees include Cable, Fire/Liability Insur, Grounds / Plants, Maintenance Exterior, Maintenance Interior, Manager, Recreational Facility, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

This community is pet-friendly and allows up to two small pets per unit.  Rentals are also permitted with a minimum duration restriction.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

Amenities include a heated pool, two tennis courts, and common areas as well as a deeded beach access area.

Island Village Townhouses on Hutchinson Island

Click here for the currently available Island Village Townhouses for sale

palm pointe

Island Village Hutchinson Island October 2019 Market Report

Palm City FL 34990 Residential Market Report September 2019

10.15.19 by

Palm City FL 34990 Residential Market Report September 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2019

 There are currently 317 active listings (Down by 19 homes from August)

Palm City FL 34990 Residential Market Report September 2019

125 Residential sales are pending (Down by 15 homes from last month)

Palm City FL 34990 Residential Market Report September 2019

90 Homes Sold in September (Up by 1 home from August)

Palm City FL 34990 Residential Market Report September 2019

The Palm City FL, zip code 34990 residential real estate market continues to outperform most of the adjacent markets with very strong sales activity.
The monthly absorption rate dropped to 3.5 months from 3.8 months in August.  Remaining in a strong seller’s market for the Palm City zip code 34990 area, though approaching a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The September 2018 numbers were:  357 active listings, 119 pending sales, and 57 closed sales.  Considerably stronger closed and pending sales this year on a significantly smaller inventory of available Palm City homes for sale.

Palm City FL 34990 Residential Market Report September 2019

Click here to view the previous Palm City Florida residential market reports

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

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

Click here for previous Palm City FL 34990 Residential Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Residential Market Report September 2019

The Princess of Hutchinson Island October 2019 Market Report

10.15.19 by

The Princess of Hutchinson Island October 2019 Market Report

As of October 2019, there are 2 condos for sale in the Princess of Hutchinson Island.  The list prices are $328,000 and $359,900.  This is an average list price of $343,950 or $271.09 per sq. ft. of living area.

There is one condo under contract.  The list price was $424,900 which equals $216.01 per sq. ft. of living area.  This condo was on the market for 247 days prior to going under contract.

In the past 12 months, 17 condos have sold in this oceanfront building.  Sales prices ranged from $270,000 up to $440,000.  This is an average sales price of $329,471 which works out to an average of $235.67 per sq. ft. of living area.  These condos were on the market for an average of 71 days before going under contract and sold for an average of 95% of the last list price.

Click here to view previous Princess of Hutchinson Island market reports.

About the Princess of Hutchinson Island Condos:

the Princess of Hutchinson Island Condos

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos, and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

the Princess of Hutchinson Island Condos

The Princess was built in 1984 and has a heated pool, Jacuzzi, a common area with a game room, kitchen and bar.  There are tennis and bocce courts as well as trailer parking and a vehicle wash area.

the Princess of Hutchinson Island Condos

The maintenance fee includes the use of all facilities as well as exterior maintenance and insurance.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

The Princess of Hutchinson Island

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

The Princess of Hutchinson Island October 2019 Market Report

Stuart FL 34994 Condo Market Report September 2019

10.14.19 by

Stuart FL 34994 Condo Market Report September 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2019

For September 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 103 active condo listings (Up by 2 condos from August).

Stuart FL 34994 Condo Market Report September 2019

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

Stuart FL 34994 Condo Market Report September 2019

19 Condos Sold in August (Down by 5 condos from August).

Stuart FL 34994 Condo Market Report September 2019

The Stuart FL 34994 Condo market showed a decrease in sales for September whithlittle change in inventory as well as pending sales.

The absorption rate for September rose to 5.4 months compared to last month’s 4.2 months.  Remaining in a seller’s market for this condo segment of Stuart’s 34994 zip code area.  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 nor sellers have an advantage in the real estate market.

Last September the numbers were 76 active listings, 47 pending sales, and 20 closed sales. There’s a considerably greater inventory of available condos for sale this year when compared to last year.  This makes this year’s activity weaker than last year.

Stuart FL 34994 Condo Market Report September 2019

Are you interested in the value of your Stuart FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Click here for condos for sale in the 34994 zip code area of Stuart FL

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

Search here for Stuart Florida Real Estate for Sale

Click here for previous Stuart FL 34994 Condo Market Reports

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart FL 34994 Condo Market Report September 2019 

 

Joes Point October 2019 Real Estate Market Report

10.14.19 by

Joes Point October 2019 Real Estate Market Report

As of October 2019, there are 3 homes for sale in Joes Point on Hutchinson Island.  These homes are listed from $1,050,000 up to $2,200,000.  This works out to an average list price of $1,696,333 or $475.75 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, there have been no sales in Joes Point.

Click here to view previous Joes Point market reports.

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson Island

One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula that juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boater’s paradise.  Abundant fishing is just off the dock or go just a few minutes further for some deep-sea fishing and adventure.

Joes Point on Hutchinson Island in Stuart FL

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of October 2019 were under $300 per month and include central water and sewer service.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island in Stuart FL

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA owned beach area.

Joes Point on Hutchinson Island

Search here for any available Joes Point Homes for Sale

Joes Point October 2019 Real Estate Market Report

Royal Oak Towers Downtown Stuart Under Contract

10.13.19 by

Royal Oak Towers Downtown Stuart Under Contract

Royal Oak Towers in Downtown Stuart

Unit C-6 in the Royal Oak Towers building at 630 SE Ocean Blvd. is under contract.  Listed for $150,000, this condo was on the market for 25 days prior to going under contract.

Royal Oak Towers in Downtown Stuart

This is an updated light and bright end unit 2 bedroom, 2 bathroom condo that’s only steps away from the Cleveland Clinic Stuart Hospital, Downtown Stuart as well as the Martin County Court House.  This condo has stainless steel appliances as well as granite countertops in the kitchen and impact windows.  Living areas are tiled while the two bedrooms have brand new carpets.

There is ample parking along with a covered carport.  A private community pool and barbecue area are located behind the building.  An additional storage closet is located just outside the unit.  This is a third-floor unit in an elevator building with only two condos per floor.  Two small pets are permitted and the condo board will consider larger sizes on an individual basis.  Pickup trucks OK (no commercial trucks).  Rentals are also permitted with restrictions. There are only 18 condos in Royal Oak Towers and they don’t tend to come on the market very often.

About the Royal Oak Towers Condos in Downtown Stuart:

Royal Oak Towers Condos in Downtown Stuart

One of the best locations in Stuart FL.  This all-ages condominium community is within walking distance of the Martin Memorial Hospital, Martin County Court House, and School Headquarters as well as numerous medical and professional offices as well as the charming historic downtown Stuart area.

Royal Oak Towers in Downtown Stuart

This condominium complex consists of three adjoining buildings with only 18 units in total.  There are only two residences per floor for each building with under building covered parking available for most owners.  All of the condos are 2 bedrooms and 2 bathrooms with a balcony and 1,129 sq. ft. of living area.  There are common laundry areas for each building, though many unit owners have installed washer and dryer units in their condos.

Royal Oak Towers in Downtown Stuart

Amenities include a barbecue area and pool in the back of the complex and a picturesque fountain out front.  There’s also a large sun deck that can be used for year round tanning or for parties.

Royal Oak Towers in Downtown Stuart

The current association fees (July 2019) are $475.00 per month.  These fees include building maintenance, pool, common area charges, trash pickup, painting, roof repair, reserve funds.  All ages are welcome and up to one large pet is allowed.  This is also one of the rare condo associations that allow trucks and motorcycles.

These homes are typically in great demand, so please contact us if you want to be notified when a residence comes up for sale.

Click here to see if any Royal Oak Towers condos are currently available

Royal Oak Towers Downtown Stuart Under Contract