Hobe Sound FL 33455 Residential Market Report May 2019

07.02.19 by

Hobe Sound FL 33455 Residential Market Report May 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for May 2019

  For May 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 225 active listings. (Down by 2 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2019

82 Residential sales are pending and awaiting close  (Down by 8 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2019

87 Homes Sold in May (Up by 40 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had a surprisingly stong month for closed sales and continues to be a very active real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 plunged to 2.6 months (It was 4.8 months in April).  Now an extreme seller’s market once again.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2018 were:  184 active listings, 92 pending sales, and 63 closed sales.  Much stronger closed sales volume this year along with a considerable greater number of Hobe Sound homes available for sale (inventory).

Hobe Sound FL 33455 Residential Market Report May 2019

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

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

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

Hobe Sound FL 33455 Residential Market Report May 2019

Jensen Park Estates July 2019 Market Report

07.02.19 by

Jensen Park Estates July 2019 Market Report

Currently, there are 4 homes available for sale in the Jensen Park Estates community of Jensen Beach FL.  These homes are listed for prices from $264,900 up to $319,900.  The average list price is $293,450 and this equals $175.43 per sq. ft. of living area.

There are 3 homes under contract and awaiting closing.  These homes were listed at prices ranging from $249,900 up to $365,000.  This works out to an average list price of $304,967 which equals $187.73 per sq. ft. of living area.  These homes were o the market for an average of 31 days prior to going under contract.

In the past 12 months, 24 Jensen Park Estates homes have sold.  Sales prices ranged from a low 0f $160,000 up to $380,000.  This is an average sales price of $291,385 which equals $171.36 per sq. ft. of living area.  These sales averaged 96% of the last list price and averaged 66 days on market before going under contract.

About Jensen Park Estates in Jensen Beach FL:

Jensen Park Estates is a non-gated community located just west of Savannah Rd in the heart of Jensen Beach.  There are 381 home sites in this community, most of which have been built upon.  Homes were built from 1980 to the latest one which was completed in 2010.

Jensen Park Estates real estate

There’s a wide range of sizes and shapes of homes ranging from 6 bedroom homes with over 3,100 sq. ft. of living area down to a more modest 2 bedroom, 2 bathroom homes with just under 1,100 sq. ft.  There are both frame and concrete block construction as well as homes with and without private pools.

Some homes have large lots of over ½ acre while others are fairly modest lots with just over .12 acres.

Neighborhood children attend the Jensen Beach Elementary School which is just a little over ½ mile away, Stuart Middle School and the Jensen Beach High School.

Jensen Park Estates real estate

Very close to shopping areas of US-1 as well as close to the Intracoastal (the Indian River) with its boat ramps, public beaches on Hutchinson Island, Indian Riverside Park, and much more.

Jensen Park Estates is an excellent option for both families and retirees looking for affordable homes in the heart of Jensen Beach.

Search here for available Jensen Beach Estates Homes 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.

Jensen Park Estates July 2019 Market Report

Jensen Beach FL 34957 Condo Market Report May 2019

07.01.19 by

Jensen Beach FL 34957 Condo Market Report May 2019

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

For May 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 109 active listings. (Increased by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

42 Condo sales are pending and awaiting settlement. (Down by 10 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

30 Condos Sold (Down by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2019

 The Jensen Beach FL 34957 Condo Market Report remains a very active market with consistently strong sales.

The one-month absorption rate for the May 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.6 months (from 3.3 months in April). Remaining as a very strong seller’s market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The May 2018 numbers were: 108 active listings, 43 pending sales, and 31 condos closed.  Almost identical sales volume when compared to last year.  Just slightly lower this year.

Jensen Beach FL 34957 Condo Market Report May 2019

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

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 May 2019

Gabe’s July 2019 House Calls Real Estate Newsletter

07.01.19 by

Gabe’s July 2019 House Calls Real Estate Newsletter

Click on the image below to view or download Gabe’s July 2019 House Calls Real Estate Newsletter:

Gabe's July 2019 House Calls Real Estate Newsletter

Click here to download the full interactive PDF of our July 2019 House Calls Newsletter

You can see all the past issues here:

House Calls Archive

Search here for Stuart Florida Real estate

Gabe’s July 2019 House Calls Real Estate Newsletter

Palm City Farms June 2019 Market Report

06.30.19 by

Palm City Farms June 2019 Market Report

There are currently 48 homes on the market in Palm City Farms.  Listing prices range from $149,500 up to $3,950,000.  The average list price works out to $848,127 (median $754,450) which is a per square ft. of living area price of $232.52 (median $220.18).

There are currently 8 homes under contract awaiting settlement.  Listing prices ranged from $389,000 up to $795,000 for an average of $564,900 which equals $213.12 per sq. ft. of living area.  These homes averaged 93 days on the market prior to going under contract.

In the past 12 months, 59 homes have sold in Palm City Farms with sales prices ranging from $120,000 up to $1,800,000 for an average sales price of $653,936 or $202.03 per sq. ft. of living area. These sales averaged 94% of list price and were under contract in an average of 121 days after being listed.

About Palm City Farms:

Palm City Farms real estate

If you’re looking for an area of secluded acreage, yet still be close to shopping, entertainment the beach and navigable waterways Palm City Farms may just be the dream setting you are looking for.  

Palm City Farms real estate

Beautiful acreage with 5 acre and larger home sites and vacant land abound in Palm City Farms. This is the perfect location for your equestrian needs as well as many other agricultural uses.  All within minutes of Martin County ‘A’ rated schools, shopping, beaches and easy access to I-95 and Florida’s Turnpike.

Palm City Farms real estate

View Palm City Farms real estate:

For additional information about Palm City Farms please contact us.

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Search for all Palm City farms, Florida Homes and Land for Sale

Palm City Farms real estate

Palm City Farms June 2019 Market Report

Pinecrest Lakes Home in Jensen Beach Florida is Under Contract

06.29.19 by

Pinecrest Lakes Home in Jensen Beach Florida is Under Contract

This home has gone under contract in under two weeks.  The list price was $460,000.

235 NE Abaca Way in Pinecrest Lakes

A 2014 D. R. Horton built Biscayne model with 4 bedrooms and 3 bathrooms plus a large den/office which could be a 5th bedroom and a spacious 3 car garage in the desirable Pinecrest Lakes community of Jensen Beach.  This home features granite counter-tops, stainless steel appliances, solid concrete block construction and impact glass windows and sliders along with many other desirable features.  Tiled floors in living areas and carpeted bedrooms.  Wonderfully located close to the Jensen Beach High School, Treasure Coast Mall, fine restaurants and only two miles to the Intracoastal and then the pristine beaches of the Atlantic Ocean.   Check out this wonderful opportunity in one of the best locations on the Treasure Coast of Florida.

Pinecrest Lakes Home for Sale

About Pinecrest Lakes in Jensen Beach Florida:

Pinecrest Lakes in Jensen Beach FL

Pinecrest Lakes in Jensen Beach, Florida was first developed in the late ’70s and early ’80s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area.  Consequently, this community has a distinctive feel and flavor.  All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots.  None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes in Jensen Beach

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River Parkway.  Residents enjoy wide winding streets with sidewalks, street lights, underground utilities, and public water.  Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes in Jensen Beach

Pinecrest Lakes is located in Martin County’s “A” rated school district.  The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students.  Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

235 NE Abaca Way in Pinecrest Lakes

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

View Pinecrest Lakes homes for sale:

Pinecrest Lakes Home in Jensen Beach Florida is Under Contract

Willoughby Golf Club Stuart June 2019 Market Report

06.29.19 by

Willoughby Golf Club Stuart June 2019 Market Report

There are currently 12 homes on the market in the Willoughby Golf Club. List prices range from $350,000 up to $1,595,000.  The is an average listing price of $618,308 which equates to a price per sq. ft. of living area of $196.94.

There is only 1 home under contract.  The list price was $649,900 or $193.14 per sq. ft. of living area.  This home was on the market for 255 days before going under contract.

In the past 12 months, 17 Willoughby Golf Club homes have sold.  Sales prices ranged from $318,966 up to $900,000.  This equals an average sales price of $535,322 which equals $180.55 per sq. ft. of living area.  Sales prices averaged 96% of list prices and these were on the market for an average of 107 days before receiving an accepted offer.

About the Willoughby Golf Club in Stuart FL:

Willoughby Golf Club in Stuart FL

Willoughby Golf Club real estate is located in the city of Stuart, which is in Martin County Florida. It sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.

Willoughby Golf Club in Stuart FL

The Willoughby Golf Club is made up of a 403-acre private golf community. The golf club memberships entitle the members the enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents of Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Golf Club in Stuart FL

Residents have the benefit of numerous activities and events that take place in the town of Stuart along with many noteworthy locations.

  • Restored downtown with historical landmarks
  • exclusive shops
  • distinctive restaurants
  • an executive airport
  • highly viewed schools
  • library
  • outstanding professional and medical facilities
  • a regional mall
  • many cultural happenings

Willoughby View 1

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.Willoughby Golf Club Real Estate 1

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles.

Willoughby Golf Club in Stuart FL

Here are the currently available homes for sale in the Willoughby Golf Club

Search for Martin County Real Estate

Willoughby Golf Club Stuart June 2019 Market Report

 

Jensen Beach FL 34957 Residential Market Report May 2019

06.28.19 by

Jensen Beach FL 34957 Residential Market Report May 2019

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

 For May 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 223 active listings. (Down by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2019

67 Residential sales are pending and awaiting close or lender approval. (Decreased by 14 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2019

58 Homes Sold (Increased by 6 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2019

The Jensen Beach FL 34957 Residential Market continues to be an active market with strong sales volume.  Unfortunately, there was a drop in pending sales this month which may have an effect on closed sales for the near future.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.8 months ( was 5.8 months in April).  An even stronger 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 buyer.
The May 2018 numbers were: 159 active listings, 90 pending sales, and 60 home sales closed.  A second consecutive month of better activity last year even though there is a greater number of homes available for sale in Jensen Beach this year.
Jensen Beach FL 34957 Residential Market Report May 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

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 May 2019

Sunset Trace Palm City June 2019 Market Report

06.28.19 by

Sunset Trace Palm City June 2019 Market Report

As of June 2019, there are 6 homes for sale in Sunset Trace.  These homes have list prices from $152,900 up to $259,900.  This is an average list price of $180,367 or $136.23 per square foot of living area.

There are 4 homes under contract and awaiting settlement.  The list prices ranged from $169,900 up to $209,000.  This works out to an average list price of $184,450 which equals $135.72 per sq. ft. of living area.  These homes were on the market for an average of 35 days prior to going under contract.

In the past 12 months, 48 homes have sold in Sunset Trace.  Sales prices ranged from a low of $135,000 up to $220,000.  This equals an average sales price of $164,755 or $124.69 per sq. ft. of living area.  These homes sold for an average of 97% of list price and went under contract in an average of 38 days of being on the market.

 About Sunset Trace in Palm City FL:

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  And only a 15-minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community.   DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area.  Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area.  Wellesley models have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally, the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full-size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary School, Hidden Oaks Middle School, and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and carefree.

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City June 2019 Market Report

Palm City FL 34990 Condo Market Report May 2019

06.27.19 by

Palm City FL 34990 Condo Market Report May 2019

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

For May 2019 in the 34990 Zip Code area of Palm City, Florida :

There are currently 68 active condo listings. (Decreased by 10 condos from April)

Palm City FL 34990 Condo Market Report May 2019 

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

Palm City FL 34990 Condo Market Report May 2019

8 Condos Sold in May. (Down by 3 condos from April)

Palm City FL 34990 Condo Market Report May 2019

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.  May showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 8.5 months (was 7.1 months in April).  Shifting into a more pronounced buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The May 2018 numbers were: 87 active listings, 11 pending sales, and 9 closed sales.  Very similar activity to last year but with a significantly lower number of available condos for sale.
Palm City FL 34990 Condo Market Report May 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

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

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 May 2019

The Reef in Rocky Point June 2019 Market Report

06.27.19 by

The Reef in Rocky Point June 2019 Market Report

For June 2019 there is 1 home available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL.  This home is listed for $2,100,000 or $459.52 per sq. ft. of living area.

There are no homes currently under contract in the Reef.

In the past 12 months, 3 homes have sold in the reef.  These homes sold for prices ranging from $351,000 up to $530,000. This works out to an average sales price of $455,333 which equals $188.90 per sq. ft. of living area.  These homes sold for an average of 102% of list price and were on the market for an average of 149 days before going under contract.

About The Reef in Rocky Point:

The Reef in Rocky Point in Stuart FL

The Reef is one of the few newer gated communities in the Rocky Point area of Stuart FL.  This is an exclusive subdivision with 52 home sites, 11 of which are larger waterfront estates.  This desirable community is well located just a short boat ride away from the Atlantic Ocean through the Saint Lucie Inlet.

The Reef in Rocky Point

Homes in the Reef were built from 1994 to 2007.  There are still some vacant lots that have yet to be built on including one waterfront parcel.  Home sizes range from 3 bedroom, 2 bathroom homes with just under 2,000 sq. ft. of living area all the way up to 5 bedroom, 4 bath waterfront homes with over 6,000 sq. ft. of living space on over an acre lots.

The Reef in Rocky Point The Reef in Rocky Point

The Reef is in the Martin County School District and children attend the Port Salerno Elementary school, Murray Middle School and South Fork High School.

The Reef in Rocky Point The Reef in Rocky Point

Rocky Point was originally a fishing village and many fishermen remain in the area.  It is surrounded by the Intracoastal on the east side and the Manatee Pocket on the North and South sides.  Easy access to many marinas, great seafood restaurants as well as the great lifestyle of Martin County FL.

Click here to search for homes for sale in the Reef of Rocky Point

Click here to search for all Rocky Point homes for sale and condos for sale

The Reef in Rocky Point June 2019 Market Report

Palm City FL 34990 Residential Market Report May 2019

06.26.19 by

Palm City FL 34990 Residential Market Report May 2019

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

For May 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 400 active listings (Up by 11 homes from April)

Palm City FL 34990 Residential Market Report May 2019

132 Residential sales are pending (Down by 34 homes from last month)

Palm City FL 34990 Residential Market Report May 2019

110 Homes Sold in September (Up by 32 homes from April)

Palm City FL 34990 Residential Market Report May 2019

The Palm City FL, zip code 34990 residential real estate market had a very good month for closed sales.  Unfortunately, pending sales were off for this month and the inventory continues to grow.  Palm City remains a very active market.
The monthly absorption rate rose to 3.6 months from 5.0 months in April.  Dropping to even a more extreme seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2018 numbers were:  340 active listings, 176 pending sales, and 106 closed sales.  All in all, considerably better activity last year with a reduced number of homes available to purchase.

Palm City FL 34990 Residential Market Report May 2019

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

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 May 2019

Woodmill Pond Townhomes in Stuart FL June 2019 Market Report

06.26.19 by

Woodmill Pond Townhomes in Stuart FL June 2019 Market Report

For 2019, there are no homes available to purchase in the Woodmill Pond community of Stuart FL.

There are also no homes currently under contract.

In the past 12 months, 6 townhomes have sold in Woodmill Pond.  Sales prices ranged from $237,000 up to $267,500.  This equals an average sales price of $253,233 which is $114.77 per sq. ft. of living area.  These homes averaged 44 days on the market before going under contract and sold for an average of 98% of list price.

About Woodmill Pond Townhomes in Stuart FL:

Woodmill Pond Townhomes in Stuart FL

Very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL is this townhome development of 50 units, which was built in 2007 and in 2010.  While these are two level townhomes with 2 car garages the complex is deeded as condos, meaning the exterior maintenance, common areas, insurance are all included in the association fees.  With these homes come newer construction and all the latest codes are in compliance with most homes having hurricane impact glass making hurricane shutters, not a requirement. As of this writing (June 2019), these fees were $374 per month.  These fees cover Common Areas, Insurance-Bldg, Lawn Care, Maintenance Exterior, Manager, Recreational Facilities, Reserve Funds, Water, and Sewer.

Woodmill Pond Townhomes in Stuart FL

All homes in Woodmill Pond are 3 bedrooms with 2 and ½ bathrooms.  The ones built in 2007 have 2,076 sq. ft. of living area (under air conditioned space) while those built in 2010 are larger with 2,299 sq. ft.  There’s a clubhouse and a heated community swimming pool.  Up to two pets are allowed per unit and rentals are also permitted with some restrictions.

Children living in Woodmill Pond attend Seawind Elementary, Murray Middle, and South Fork High schools.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

Very close to a number of golf courses as well as just minutes to historic downtown Stuart to the north and the Town of Jupiter to the south.  Also close to shopping, restaurants, beaches, boating facilities and medical services.

Search here for Woodmill Pond townhomes in Stuart FL

Woodmill Pond Townhomes in Stuart FL June 2019 Market Report

Stuart FL 34997 Condo Market Report May 2019

06.25.19 by

Stuart FL 34997 Condo Market Report May 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for May 2019

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

There are currently 52 active condo listings (Down by 6 condos from April).

Stuart FL 34997 Condo Market Report May 2019

33 Condo sales are pending and awaiting close (Up by 3 condos from April).

Stuart FL 34997 Condo Market Report May 2019

19 Condos Sold in May (Up by 1 condo from April).

Stuart FL 34997 Condo Market Report May 2019

      The Stuart FL condo market for zip code 34997 continues to show very strong sales activity compared to the previous months as well as last year.

     The absorption rate dropped to 2.7 months in May compared to 3.2 months for April.  Continuing as an even stronger seller’s market for condos in the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The May 2018 numbers were: 50 active listings, 26 pending sales, and 17 closed sales.  Continuing stronger sales volume year to year in this segment of the Stuart condo real estate market.

Stuart FL 34997 Condo Market Report May 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

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

Stuart FL 34997 Condo Market Report May 2019

River Watch on Hutchinson Island June 2019 Market Report

06.25.19 by

River Watch on Hutchinson Island June 2019 Market Report

In June 2019, there are 2 homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.  The list prices of these homes are $489,000 and $550,000.  This is an average list price of $519,500 which works out to $332.35 per sq. ft. of living area.

There aren’t any homes currently under contract.

In the past 12 months, only 1 River Watch home has sold.  The sales price was $285,000 which equals $205.04 per sq. ft. of living area.  This home was on the market for 151 days before going under contract and sold for 98% of list price.

About River Watch on Hutchinson Island:

River Watch on Hutchinson Island

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch.  These are single family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area and your very own private dock and access to the Intracoastal Waterway which is also known as the Indian River.  There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

River Watch on Hutchinson Island

Most of these homes are waterfront with access to the Intracoastal Waterway, but suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors, so only human or electric power for that initial stretch of water.

River Watch on Hutchinson Island River Watch on Hutchinson Island

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply walking across the street to their private beach or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2019).

River Watch on Hutchinson Island River Watch on Hutchinson Island

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

River Watch on Hutchinson Island June 2019 Market Report

Stuart FL 34997 Residential Market Report May 2019

06.24.19 by

Stuart FL 34997 Residential Market Report May 2019

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

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

There are currently 336 active listings (Increased by 1 home from April).

Stuart FL 34997 Residential Market Report May 2019 

150 Residential sales are pending and awaiting close or lender approval (Down by 24 homes from April). 

Stuart FL 34997 Residential Market Report May 2019 

100 Homes Sold in May (Decreased by 14 homes from April)

Stuart FL 34997 Residential Market Report May 2019

      The Stuart Florida Residential Market for ZIP Code 34997 had a decrease in both pending and closed sales numbers from last month.  But, remains an extremely strong segment of the Stuart Florida residential real estate market.
     The absorption rate rose to 3.4 months (was 2.9 months for April).  Still in an extreme seller’s market for the 34997 zip code area of Stuart for May 2019.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2018 numbers for May, were: 259 active listings, 156 pending listings, and 93 closed sales.  There’s slightly better sales volume this year and slightly lower pending sales.  Though, we have a considerably greater inventory of available homes for sale in this segment of the Stuart residential real estate market.
Stuart FL 34997 Residential Market Report May 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

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 May 2019

Coral Gardens in Stuart FL June 2019 Market Report

06.24.19 by

Coral Gardens in Stuart FL June 2019 Market Report

As of June 2019, there are 8 homes for sale in Coral Gardens in Stuart FL.  List prices range from $216,500 up to $299,999 for an average list price of $249,387 which is $166.67 per sq. ft. of living area.

There are 4 homes currently under contract.  These homes were listed for prices from $174,900 up to $259,900 for an average list price of $233,050 or $192.03 per sq. ft. of living area.  These homes were on the market for an average of 22 days before going under contract.

In the past 12 months, 34 Coral Gardens homes have sold.  Sales prices ranged from $155,000 up to $297,000 for an average sales price of $214,101 which works out to $170.45 per sq. ft. of living area.  These homes averaged 60 days on market before going under contract and sold for an average of 98% of list price.

About Coral Gardens in Stuart FL:

Coral Gardens in Stuart FL

The Coral Gardens community of Stuart FL is centrally located just west of US 1 (Federal Highway) and south of Pomeroy St.  Easy access to downtown Stuart, shopping, restaurants, medical facilities and the beaches and waterways of Martin County.

Coral Gardens in Stuart FL

This is a non-HOA (Homeowners Association) community so there are no additional fees.  Also, the Coral Gardens community is one of the more affordable locations in Stuart and Martin County FL.  Homes range in size from very small 2 bedroom, 1 bathroom homes of under 800 sq. ft. all the way to 4 bedroom homes of 2,500 sq. ft. or slightly higher.  Many homes in Coral gardens also have private backyard swimming pools.

Coral Gardens in Stuart FL

Those wishing to find an affordable friendly Stuart community to call home might wish to consider Coral Gardens.  Click and explore on the interactive map below to see what a great location Coral Gardens offers.

Coral Gardens in Stuart FL Coral Gardens in Stuart FL

Search here for available Coral Gardens homes for sale

Coral Gardens in Stuart FL June 2019 Market Report

Little Ocean Club on Hutchinson Island June 2019 Market Report

06.23.19 by

Little Ocean Club on Hutchinson Island June 2019 Market Report

As of June 2019, there are no condos on the market in the Little Ocean Club on Hutchinson Island in Stuart FL.

There are also no condos currently under contract.

In the past 12 months, only 1 condo has sold.  The sales price was $240,000 which is $199.34 per sq. ft. of living area.  This condo sold for 96% of list price and it was on the market for 131 days before it went under contract.

About the Little Ocean Club Condos on Hutchinson Island:

Little Ocean Club Condos on Hutchinson Island in Stuart FL

The Little Ocean Club Condos of Hutchinson Island in Stuart FL is a small condo community of 25 units that were built in 1969.  This direct Ocean access condo community features 23 two bedroom, 2 bath condos of 1,204 sq. ft. of living area and 2 very special 3 bedroom, 3 bath units with 1,815 sq. ft. under air.

Little Ocean Club Condos on Hutchinson Island in Stuart FL

The little Ocean Club has direct Ocean access across the Dunes and a heated pool.  Reserved parking, as well as overflow parking, is available across the street on A-1-A.  Condo owners in the Little Ocean Club have access to the boat docks in the Anglers Cove community (also across the street).

Little Ocean Club Condos on Hutchinson Island in Stuart FL

1 small pet is permitted in the Little Ocean Club and rentals are also allowed.  Rentals are also allowed with restrictions.

Little Ocean Club Condos on Hutchinson Island Little Ocean Club Condos on Hutchinson Island

Conveniently located close to the Stuart Causeway, Publix supermarket, downtown Stuart.

Search here for any Little Ocean Club Condos for Sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

Little Ocean Club on Hutchinson Island June 2019 Market Report

Parkwood Real Estate in Stuart FL June 2019 Market Report

06.22.19 by

Parkwood Real Estate in Stuart FL June 2019 Market Report

For June 2019, there are 4 homes for sale in the Parkwood real estate community of Stuart, FL.  List prices range from $224,900 up to $329,800.  This is an average list price of $284,650 which works out to $203.81 per sq. ft. of living area.

There are 2 homes under contract. The list prices were $324,900 and $334,000.  This works out to an average list price of $329,450 which is $196.23 per sq. ft. of living area. These homes averaged only 9 days on the market prior to going under contract.

In the past 12 months, 9 homes have sold.  Sales prices ranged from $213,000 up to $324,900.  This equals an average sale price of $258,433 or $172.54 per sq. ft. of living area.  These homes were on the market for an average of 57 days before going under contract and sales prices averaged 97% of list price.

About Parkwood in Stuart FL:

Parkwood in Stuart FL

The Parkwood community is a non-gated subdivision of 193 homes located south of Cove Road and west of US-1 (Federal Highway) in the southern part of Stuart and north of Hobe Sound in unincorporated Martin County.

This family-friendly community has a community pool and is pet-friendly.  Great location, close to shopping on US-1 as well as easy access to I-95 on Cove Rd. and just minutes to Martin Memorial Hospital South on Salerno Rd.  This location also has easy access to boating in Port Salerno and the beaches either on Jupiter Island or Stuart.

Parkwood in Stuart FL

Homes are modest sizes ranging from 2 bedrooms, 2 bathrooms up to 4 bedrooms and 3 bathrooms with interior living areas ranging from just over 1,150 sq. ft. to 2,200 sq. ft. plus garages.

HOA fees (as of May 2019) are $40 per month and include maintenance and insurance for the community pool and common areas.

Parkwood in Stuart FL Parkwood in Stuart FL

Children living in Parkwood are zoned to attend the Seawind Elementary School, Murray Middle School, and the South Fork High School.

Parkwood in Stuart FL Parkwood Homes in Stuart FL

Parkwood is an affordable community that allows residents to enjoy the wonderful amenities that Martin County and South Florida has to offer.

Parkwood Real Estate in Stuart FL June 2019 Market Report

Stuart FL 34996 Condo Market Report May 2019

06.21.19 by

Stuart FL 34996 Condo Market Report May 2019

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

For May 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 129 active condo listings (Up by 5 condos from last month).

Stuart FL 34996 Condo Market Report May 2019

47 Condo sales are pending and awaiting close or lender approval (Down by 11 condos from April).

Stuart FL 34996 Condo Market Report May 2019

31 Condos Sold in May (Down by 14 condos from April) 

Stuart FL 34996 Condo Market Report May 2019

The Stuart FL 34996 Condo Market of Stuart returned to a bit more sustainable activity levels for May after an exceptionally strong April.  This condo market remains very active and healthy.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 4.2 months from April’s 2.8 months. Still a strong 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 May 2018 were: 118 active listings, 46 pending sales, and 40 closed sales.  Better closed sales last year, otherwise pretty similar results.

Stuart FL 34996 Condo Market Report May 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 condos for sale in the 34996 zip code area of Stuart FL

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

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 May 2019