Stuart Florida 34994 Residential Market Report February 2019

03.19.19 by

Stuart Florida 34994 Residential Market Report February 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2019

For January 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 93 active listings (Up by 2 homes from January)

Stuart Florida 34994 Residential Market Report February 2019

35 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from last month).

Stuart Florida 34994 Residential Market Report February 2019

14 Homes Sold in May (Increased by 6 homes from January)

Stuart Florida 34994 Residential Market Report February 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had increases in sales and pending sales as well as the number of homes available to purchase.

The one-month absorption rate for the 34994 zip code for January jumped up to 6.6 months from 11.8 months for January.  Transitioning into a balanced market t for the 34994 zip code area of Stuart, FL after one month as a buyer’s market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2018 numbers were 81 Active Listings, 41 pending sales, and 13 closed sales.  Very similar activity when compared to last year but with a larger inventory of homes for sale this year.

Stuart Florida 34994 Residential Market Report February 2019

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Stuart Florida 34994 Residential Real Estate Market Report February 2019

Castle Hill Real Estate Market Report March 2019

03.19.19 by

Castle Hill Real Estate Market Report March 2019

There is only 1 home currently for sale in Castle Hill in Sewalls Point, FL.  This home is listed for $2,950,000 or $524.72 per sq. ft. of living area.

There are no 2 homes currently under contract.  List prices were $1,035,000 and $1,295,000.  This is an average list price of $1,165,000 which equals $242.94 per sq. ft. of living area.  These homes were on the market for an average of 72 days before going under contract.

In the past 12 months,  3 Castle Hill homes have sold.  Sales prices ranged from $600,000 up to $975,000.  This equals an average sales price of $805,000 which is $233.51 per sq. ft. of living area.  These homes were on the market for an average of 182 days prior to going under contract and sold for an average of 93% of list price.

About Castle Hill in Sewalls Point FL:

Castle Hill in Sewalls Point

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants, and schools.

Castle Hill in Sewalls Point Castle Hill in Sewalls Point

Residents of Castle Hill enjoy the good life with low HOA fees (currently $285 per quarter) and a quiet family friendly neighborhood for year round Florida living.  Homes range from multi-million waterfront properties high on the deep Saint Lucie River to half an acre and larger dry home fronts with homes now starting in the high $400,000’s.

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equidistant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location which makes Castle Hill such a desired community to call home.

Castle Hill in Sewalls Point Castle Hill in Sewalls Point

Castle Hill was established in the early 1990’s and remains one of the prime locations to call home on the Treasure Coast.

Children attend Martin County schools and currently are zoned for the Felix Williams elementary, Stuart middle and the Jensen Beach high schools.  These are some of the finest schools in the State of Florida.

Castle Hill in Sewalls Point

Here are the currently available homes for sale in Castle Hill

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Castle Hill Real Estate Market Report March 2019

Sewalls Point Single Family Market Report February 2019

03.18.19 by

Sewalls Point Single Family Market Report February 2019

Sewalls Point Real Estate Snapshot, Residential Sales for February 2019

There are currently 80 active listings (Up by 4 homes from last month)

Sewalls Point Single Family Market Report February 2019

10 home sales are pending and awaiting close or lender approval (Down by 7 homes from January)

Sewalls Point Single Family Market Report February 2019

5 Homes sold in January (Unchanged from January)

Sewalls Point Single Family Market Report February 2019

The single-family real estate market in Sewalls Point is carrying a large inventory of homes with not a lot of activity.  This may be a very good time for buyers looking in the Sewalls Point single family home market.

The absorption rate rose to 16.0 months, in January it was 15.2 months.  Remaining in a strong buyers market for Sewalls Point.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to February 2018, the inventory was 50 homes on the market, 11 pending sales and there were 3 closed sales.  Considerably greater inventory this year with slightly better sales numbers.

Sewalls Point Single Family Market Report February 2019

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Sewalls Point Single Family Market Report February 2019

 

Vista Pines March 2019 Market Report

03.18.19 by

Vista Pines March 2019 Market Report

For March 2019 there are 8 condos available for sale in Vista Pines.  List prices are from $64,888 up to $129,000 for an average list price of $88,924 or $100.18 per sq. ft. of living area.

There are  5 condos currently under contract and awaiting settlement.  List prices are from $74,900 up to $115,000 or an average of $93,580 which equals $99.93 per sq. ft. of living area.   These condos averaged 15 days on the market before going under contract.

In the past 12 months, there have been 29 sales in Vista Pines.  Sales prices ranged from $60,000 up to $120,000.  This works out to an average sales price of $84,462 which equals $91.03 per sq. ft. of living area.  These sales averaged in at 95% of list price and only averaged 51 days on the market prior to going under contract.

About Vista Pines in Stuart FL:

Vista Pines Condos in Stuart FL

The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island.  Also, close to restaurants, grocery stores and medical facilities that are within walking distance for many.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Vista Pines condos were first built in 1970 and the last one was completed in 1973.   All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1 bedroom units.  Buildings are situated to maximize privacy and for serene views of green space.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista Pines and this is an age restricted (55+) community.  The HOA fees as of August 2014 were from the low $200’s for a 1 Bedroom unit to just over $300 per month for 2 Bedroom condos.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

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Vista Pines March 2019 Market Report

Emerald Lakes Stuart FL March 2019 Market Report

03.17.19 by

Emerald Lakes Stuart FL March 2019 Market Report

For March 2019 there are 4 homes for sale in Emerald Lakes in Stuart FL.  Listing prices range from $167,500 up to $235,000.  This is an average list price of $193,099 which equates to $137.42 per sq. ft.

There are no homes currently under contract.

In the past 12 months, there have been 33 sales in Emerald Lakes.  Sales prices ranged from $119,700 up to $268,000.  This works out to an average sales price of $181,000 or $130.25 per sq. ft. of living space.  These sales averaged 97% of list price and were on the market for an average of 49 days before going under contract.

About Emerald Lakes in Stuart FL:

Emerald Lakes in Stuart FL

The community of Emerald Lakes lies n the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas.  The townhomes and villas are governed by two separate homeowners association yet share many of the same amenities.

Emerald Lakes Town Homes and Villas in Stuart FLEmerald Lakes Town Homes and Villas in Stuart FL

Spread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two clubhouses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreens, Banks, Gold’s Gym, etc.

Emerald Lakes Town Homes and Villas in Stuart FL Emerald Lakes Town Homes and Villas in Stuart FL

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas and beaches and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north.  A perfect location!

Emerald Lakes Town Homes and Villas in Stuart FL

Residents of Emerald lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Currently Available Homes and Town Homes in Emerald Lakes

Emerald Lakes Stuart FL March 2019 Market Report

 

St Lucie County Townhouses and Condos January 2019 Market Report

03.16.19 by

St Lucie County Townhouses and Condos January 2019 Market Report

The St Lucie County Townhouses and Condos January 2019 Market Report had an unexpectedly large jump in closed sales while new pending sales were off.  Closed sales were up by 45.6% from last year (was down by 22.0% in December) while new pending sales were down by 12.7% for January (they were unchanged in December).

Prices were mixed for the month.  The median price increased by 19.4% from last year (was down by 22.4% in December) while the average sales price decreased by 4.0% (was down by 6.9% in December).

The inventory of available townhouses and condos increased by 43 units from last month to 597 units, which is 5.1% greater than January 2018. The current inventory is 5.7 months, which is the same as the 5.7 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos January 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos January 2019 Market Report

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.

St Lucie County Townhouses and Condos January 2019 Market Report

Bayview Condos Indian River Plantation March 2019 Market Report

03.16.19 by

Bayview Condos Indian River Plantation March 2019 Market Report

For March 2019, there are 3 condos for sale in Bayview.  These condos are listed from $380,000 up to $650,000.  This is an average list price of $490,000 or $327.56 per sq. ft. of living area.

There is 1 condo under contract and awaiting settlement.  The list price was $435,000 which is also $316.59 per sq. ft. of living area.  This condo was on the market for 12 days before going under contract.

In the past 12 months, 9 condos have sold in Bayview with sales prices ranging from $230,000 up to $680,000.  The average sales price was $420,472 which equals a $285.42 price per sq. ft. of living area.  Sales prices averaged 94% of list price ratio with these condos staying on the market for an average of 69 days prior to accepting the last offer.

About Bayview Condos in Indian River Plantation on Hutchinson Island:

Bayview Condos in Indian River Plantation on Hutchinson Island

Bayview in Indian River Plantation is one of the newer condominium complexes on Hutchinson Island in Stuart Florida.  Bayview is a gated sub-complex of the Indian River Plantation Marriott Resort and consists of 4 semi-circular buildings totaling 129 3 bedroom, 3 bathroom and 2 bedroom, 2 bathroom condos.  Living space ranges from 2,105 sq. ft. to 1,204 sq. ft.

Bayview Condos in Indian River Plantation on Hutchinson Island

Most units have sweeping views of the Intracoastal Waterway also known as the Indian River.   Great location only minutes away from the Saint Lucie Inlet.  For boaters, there’s a full-service Marina located on the grounds of the Indian River Plantation with slips available for lease.

Bayview Condos in Indian River Plantation on Hutchinson Island

Bayview has a private heated pool and spa overlooking a lake as well as lovely manicured grounds for picnics or just a stroll by the water.  There’s also covered parking for all residents.

Bayview Condos in Indian River Plantation

Unit owners have the option of joining the Marriott Beach Club which allows access to an 18 hole golf course, another community pool and fitness center, professional tennis club and courts as well as access to a private beach resort on the shores of the Atlantic Ocean.

Additional Indian River Plantation Condos you may wish to consider: 
Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Bayview Condos Indian River Plantation March 2019 Market Report

St Lucie County Single Family Homes January 2019 Market Report

03.15.19 by

St Lucie County Single Family Homes January 2019 Market Report

St Lucie County Single Family Homes January 2019 Market Report had weaker sales activity when compared to last year. Closed sales were down by 11.8% (in December they were down by 17.2%) and new sales under contract (new pending sales) decreased by 4.6% (they were down by 7.2% last month).

Prices. though, continued to rise, though at a more sustainable pace.  The median sales price was up by 5.4% (was up by 5.5% in December).  The average sales price was up by 5.0% (it was down by 6.6% in December).

The number of available home listings increased by 259 homes to 2,174 homes.  This inventory is 24.4% higher than last year.  The current supply of homes is 4.8 months (it was 3.8 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2019 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes January 2019 Market Report

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.

St Lucie County Single Family Homes January 2019 Market Report

Sugar Hill Jensen Beach March 2019 Market Report

03.15.19 by

Sugar Hill Jensen Beach March 2019 Market Report

As of March 2019, there are 5 homes on the market in Sugar Hill in Jensen Beach, FL.  These homes are listed from $499,900 up to $1,295,888.  This is an average list price of $718,738 which equals 207.08 per sq. ft. of living area.

There is 1 Sugar Hill home under contract and awaiting settlement.  The list price was $475,000 or $189.85 per sq. ft. of living area.  This home was only on the market for 2 days before going under contract.

There have been 4 homes sold in the past 12 months in Sugar Hill.  Sales prices ranged from $389,000 up to $630,000.  This works out to an average sales price of $488,625 which is $182.08 per sq. ft. of living area.  Sales averaged 97% of list price and averaged 57 days on market prior to going under contract.

About Sugar Hill in Jensen Beach Florida:

Sugar Hill in Jensen Beach Florida

Sugar Hill in Jensen Beach is an eye-pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded by gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill in Jensen Beach FloridaSugarhill has very reasonable HOA fees of only $500.00 per year.

Sugar Hill in Jensen Beach Florida

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

Sugar Hill in Jensen Beach Florida

Here are the currently available homes in Sugar Hill in Jensen Beach

For any questions you may have about March 2019 Market Report for Sugar Hill in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Sugar Hill Jensen Beach March 2019 Market Report

Martin County Townhouses and Condos January 2019 Market Report

03.14.19 by

Martin County Townhouses and Condos January 2019 Market Report

Martin County Townhouses and Condos January 2019 Market Report had another month of weaker sales activity when compared to last year.  Closed sales for the month were down by 10.0% (were down by 8.8% in December) while new sales under contract (new pending sales) were down by 16.0% from January 2018 (decreased by 13.0% in December).

Prices were up sharply for January.  The median sales price increased by 17.6% (was up by 9.3% in December) while the average sales price increased by 18.4% (was down by 5.7% in December) as compared to January of 2018.

The inventory of available townhouses and condos decreased by 53 units to 404 properties as compared to last month.  This is 2.9% less inventory then the January 2018 data.  Currently, there’s a 4.1 month supply of inventory (compared to 4.2 months for January 2018).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

https://www.gabesanders.com/site_data/gabesanders/editor_assets/Market_Data/Martin_County_Townhouses_and_Condos_2019-01_Detail.pdf

Click here to view or download the full report:
Martin County Townhouses and Condos January 2019 Market Report

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.

Martin County Townhouses and Condos January 2019 Market Report

Cobblestone Country Club March 2019 Market Report

03.14.19 by

Cobblestone Country Club March 2019 Market Report

For March 2019 there are 8 homes for sale in the Cobblestone Country Club of Palm City, FL.  List prices range from $499,900 up to $799,000. The average list price equals $623,075 which is $183.99 per sq. ft. of living area.

There are 4 homes under contract and awaiting sale.  List prices range from $448,500 up to $848,000 which is an average list price of $583,850 or $197.90 per sq. ft. of living area.   These homes were on the market for an average of 64 days before going under contract.

In the past 12 months, 18 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $373,000 up to $770,000 for an average sale price of $540,994 which equals $176.38 per sq. ft. of living area. These homes sold for an average of 96% of list price and went under contract in an average 0f 112 days after being listed.

About Cobblestone in Palm City:

Cobblestone in Palm City

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

Cobblestone in Palm City

There are 232 homes and home sites in Cobblestone.  All homes are on a half-acre or larger lots and homes range from over 5,000 sq. ft. estate homes down to a small 1,377 sq. ft. 2 Bedroom, 2 Bath home.  Though the larger homes predominate in this upscale gated golf course community.  Homes were built from 1990 to 2011 and there are many vacant lots still available for sale on occasion.  HOA fees are a very reasonable $125 per month.

Cobblestone Country Club in Palm City FL

 Cobblestone in Palm City

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Cobblestone Country Club Homes for Sale

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Cobblestone Country Club March 2019 Market Report

Martin County Single Family Homes January 2019 Market Report

03.13.19 by

Martin County Single Family Homes January 2019 Market Report

The Martin County Single Family Homes January 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 18.4% (were down by 9.4% in December).  While new pending sales increased by 7.3% as compared to January 2018 (Decreased by 21.8% in December).

However, prices continued their upward march for January.  The median sales price was up by 10.8% from last year (up by 13.8% in December) while the average sales price also increased by 49.3% (was up by 13.8% last month).

The inventory of available single-family homes increased from last month by 154 homes to 1130 units for January,  this is 9.4% greater than last January.  The current supply of homes is 5.7 months, for January of last year, it was 5.0 months supply.  We’re still in a seller’s market for Martin County single-family home sales, though very close to a balanced market.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes January 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes January 2019 Market Report

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.

Martin County Single Family Homes January 2019 Market Report

Lost Lake Hobe Sound March 2019 Market Report

03.13.19 by

Lost Lake Hobe Sound March 2019 Market Report

There are currently 6 homes available for sale in Lost Lake in Hobe Sound FL.   List prices range from $399,900 up to $669,000 for an average list price of $540,950 which equals $205.43 per sq. ft. of living area.

There are 2 homes under contract and awaiting settlement.  List prices were $279,900 and $309,900 for an average of $294,900 which works out to $169.72 per sq. ft. of living area.  These homes averaged 28 days on the market before accepting their offers.

In the past 12 months, 44 homes have sold in Lost Lake.  Sales prices ranged from $232,000 up to $567,000 for an average sales price of $346,720 or $183.35 per sq. ft. of living area.  Sales averaged 97% of list price and these homes went under contract in an average of 51 days.

About Lost Lake:

Lost Lake Golf Course Homes in Hobe Sound

18 holes of golf, a great clubhouse, along with statuesque homes filling the beautifully landscaped streets, ideal views of open fields and small lakes in a peaceful neighborhood; Lost Lake could be your dream neighborhood in Hobe Sound.

Lost Lake Golf Course Homes in Hobe Sound

Located just west of US-1 in Martin County, Lost Lake sits in a peaceful area close to shopping in Hobe Sound, Stuart and only a few minutes further to Jupiter.  Lost Lake is located very close to the mariner’s destination known as Peck Lake, great for weekends out on the boat!  Just minutes to the beaches as well.  Lost Lake can be the location of your dream home tomorrow!

Lost Lake Golf Course Homes in Hobe Sound

There are 600 homes in the Lost lake community.  Three gated entries control entrance into this subdivision.  Homes were first built in 1992 and the last ones were completed in 1999.  Home sizes range from 4 Bedroom, 3 Bathroom with over 3,000 sq. ft. of living area down to attached villas with 2 Bedrooms, 2 Bathrooms and 1,399 sq. ft. of living area.  Golf course membership is not mandatory and there are very reasonable HOA fees that vary depending on the location and sub-community.

Lost Lake Golf Course Homes in Hobe Sound

Please call us for more information as well as a tour of the facilities and homes.

Lost Lake Golf Club Homes in Hobe Sound

Search for Lost Lake Homes For Sale

Lost Lake Hobe Sound March 2019 Market Report

Florida Townhouses and Condos January 2019 Market Report

03.12.19 by

Florida Townhouses and Condos January 2019 Market Report

The Florida Townhouses and Condos Market Report for January 2019 had weaker sales activity when compared to last January.  Closed sales were down by 10.9% as compared to last month’s decrease of 11.4% and new sales under contract (new pending sales) decreased by 10.3% (In December there was a 12.6% decrease).

Prices, however, continue to rise for January though at a much more reasonable pace than most of last year.  Median sales prices were up by 2.8% (was up by 2.8% in December), while the average sales price increased by 1.3% (was up 0.8% in December).

The inventory of active listings increased by 10.1% from January of last year.  We now have 6.3 months of inventory as compared to 5.9 months for January 2018.  Now in a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos January 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos January 2019 Market Report

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.

Florida Townhouses and Condos January 2019 Market Report

Westwood Country Estates Palm City March 2019 Market Report

03.12.19 by

Westwood Country Estates Palm City March 2019 Market Report

As of March 2019, there is one home available to purchase in Westwood Country Estates in Palm City, FL.  The list price is $685,000 or $186.04 per sq. ft. of living area.

There are no homes currently under contract (pending sale).

There has been only 1 home sold in the past 12 months in Westwood Country Estates.  The sales price was $440,000 which is equal to $184.72 per sq. ft. of living area.  This sales was for 98% of list price and went under contract after being on the market for 56 days.

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida

Westwood Country Estates is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Homeowner association fees are a very reasonable $375 per year.

Westwood Country Estates in Palm City Florida

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

Westwood Country Estates in Palm City Florida

Westwood Country Estates Homes for Sale

Westwood Country Estates Palm City March 2019 Market Report

Florida Single Family Homes January 2019 Market Report

03.11.19 by

Florida Single Family Homes January 2019 Market Report

The Florida Single Family Homes Market Report for January 2019 had weaker sales activity when compared to last year.  The closed sales were down by 6.2% (were down by 9.9% in December) and new sales under contract (new pending sales) were down by 2.4% (was down by 9.0% in December).

Prices, though, continue to rise for January, though at a slower rate.  The median and average sales prices up by 4.1% and 1.8% respectively, compared to December’s 4.2% and 3.3%.

The inventory of available homes for sale increased by 13.8% from last year.  This is now a 4.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January of 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes January 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes January 2019 Market Report

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.

January 2019 Florida Single Family Homes Market Report

Moon River Jensen Beach March 2019 Market Report

03.11.19 by

Moon River Jensen Beach March 2019 Market Report

For March 2019, there is one home for sale in Moon River on Hutchinson Island in Jensen Beach FL.  This home is listed for $489,000 or $202.82 per sq. ft. of living area.

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

There has been only 1 home sale in the past 12 months in Moon River.  The sales price was $297,000 which equals $217.74 per sq. ft. of living area and this home sold for 101% of list price.  This home was on the market for only 11 days before going under contract.

About Moon River in Jensen Beach Florida:

Moon River on Hutchinson Island in Jensen Beach

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

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

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

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

Moon River on Hutchinson Island in Jensen Beach

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

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

 For any questions you may have about March 2019 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Moon River Jensen Beach March 2019 Market Report

St. Lucie County Townhouses and Condos 2018 4’th Quarter Report

03.10.19 by

St. Lucie County Townhouses and Condos 2018 4’th Quarter Report

Click the image below to view the full details of the St. Lucie County townhouses and condos market report data as reported by St. Lucie County Realtor for the 4’th Quarter 2018.

St. Lucie County Townhouses and Condos 2018 4'th Quarter Report

The Saint Lucie Count townhouses and condo real estate market showed weaker sales activity for the last quarter of 2018 when compared to the same period last year.  Prices were mixed with the median price rising and the average sales price decreasing.  There was a welcome increase in inventory for this quarter.  This segment of the real estate market is inching closer to a balanced market.

To view the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

St. Lucie County Townhouses and Condos 2018 4’th Quarter Report

Lake Grove March 2019 Market Report

03.10.19 by

Lake Grove March 2019 Market Report

There is only one home currently for sale in Lake Grove of Palm City, FL.  The list price is $674,900 or $181.42 per sq. ft. of living area.

There are no homes currently under contract in Lake Grove.

In the past 12 months, 3 homes have sold in Lake Grove. Sale prices ranged from $505,000 up to $565,000.  This is an average sale price of $538,333 which equals $180.96 per sq. ft. of living area.  These homes averaged 168 days on the market prior to accepting their offers and sold for an average of 96% of the list price.

About Lake Grove in Palm City FL:

Lake Grove in Palm City Florida

Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.Lake Grove in Palm CityHomes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.  As of March 2019, the Lake Grove HOA fees are a very reasonable $275 per quarter.

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

Lake Grove in Palm City

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

Lake Grove in Palm City Florida

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

Search for Martin County Real Estate

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

Click here for the current Orchid Bay Homes for Sale

Lake Grove March 2019 Market Report

St. Lucie County Single Family Homes 2018 4’th Quarter Report

03.09.19 by

St. Lucie County Single Family Homes 2018 4’th Quarter Report

Click the image below to view the full details of the St. Lucie County single-family homes market report data as reported by St. Lucie County Realtor for the 4’th Quarter 2018.

St. Lucie County Single Family Homes 2018 4'th Quarter Report

There was weaker sales activity when compared to the 4’th quarter of 2017. Prices, however, continue to rise.  Though, the rate of increases has slowed.  There was a welcome increase in inventory for this quarter.  Still a strong seller’s market for the St. Lucie County single family homes real estate market.

To vie, the full report, click the image above or this link.

View the entire set of data at GabeSanders.com

St. Lucie County Single Family Homes 2018 4’th Quarter Report