Sailfish (Rigels) Cove December 2018 Market Report

12.18.18 by

Sailfish (Rigels) Cove December 2018 Market Report

There are no homes currently available for sale in Sailfish (Rigels) Cove.

There are also no homes under contract at this time.

There have been 2 sales in the past 12 months in Sailfish (Rigels) Cove on Hutchinson Island.   Sales prices were $978,440 and $1,100,000.  This is an average sales price of $1,039,220 or $333.65 per sq. ft. of living area.  Sales averaged 85% of list price and were on the market for an average of 255 days prior to going under contract.

Sailfish (Rigels) Cove on Hutchinson Island

Sailfish Cove real estate

Sailfish (Rigels) Cove is located on Hutchinson Island in Jensen Beach FL. It is also known as Rigels Cove as the name was changed to Sailfish Cove just a little over a year ago. Just a little under a mile to the south of the Jensen Beach Causeway on the shores of the Intracoastal Waterway (also known as the Indian River).

Sailfish Cove real estate

Sailfish (Rigels) Cove was first developed in 1993 and only 11 homes make up this small subdivision with all homes having ocean access waterfront docks. Home sizes range from just under 3,000 sq. ft. of living area up to almost 5,000 sq. ft.   HOA fees are approximately $326 a month. These fees include lawn and landscaping, maintenance of the common areas and the gate.

Sailfish Cove real estate

Residents of Sailfish (Rigels) Cove enjoy being in the ‘A’ rated Martin County School System and are just a few minutes from both downtown Jensen Beach as well as historic downtown Stuart FL. Lots of great shopping and amenities close by as well.

Sailfish Cove real estate

Search here for Sailfish (Rigels) Cove Homes for Sale

Sailfish (Rigels) Cove December 2018 Market Report

Stuart Florida 34994 Residential Market Report November 2018

12.17.18 by

Stuart Florida 34994 Residential Market Report November 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2018

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

There are currently 76 active listings (Down by 9 homes from October)

Stuart Florida 34994 Residential Market Report November 2018

22 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from last month).

Stuart Florida 34994 Residential Market Report November 2018

5 Homes Sold in May (Decreased by 10 homes from October)

Stuart Florida 34994 Residential Market Report November 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a dip in inventory and a large drop in sales.  Pending sales rose, just slightly.

The one-month absorption rate for the 34994 zip code for November jumped up to 15.2 months from 5.7 months for October.  Transitioning into a buyer’s market for the 34994 zip code area of Stuart, FL.  First time in quite a while for this area to be in 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 November 2017 numbers were 81 Active Listings, 28 pending sales, and 13 closed sales.  There was better all-around activity last year.

Stuart Florida 34994 Residential Market Report November 2018

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Stuart Florida 34994 Residential Real Estate Market Report November 2018

Ocean View Condos December 2018 Market Report

12.17.18 by

Ocean View Condos December 2018 Market Report

There are no condos currently on the market in the Ocean View Condominiums on Hutchinson Island in Stuart FL.

There are also no condos currently under contract in Ocean View.

In the past 12 months, 7 condos have sold in Ocean View.  Sales prices ranged from $250,000 up to $395,000.  This works out to an average sales price of $318,786 or $235.10 per sq. ft.  These condos sold for an average of 95% of list price and were on the market an average of 91 days prior to having an accepted offer.

About the Ocean View Condos on Hutchinson Island:

Aerial view of Ocean View Condo on Hutchinson Island

Ocean View Condo on Hutchinson Island

Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Martin County, the Ocean View Condominium complex consists of five separate condominium buildings. Two of which are on the ocean and the remaining three on the Intracoastal Waterway.  Amenities include heated pools, docks available for sale or lease as well as tennis.  All conveniently located between the Stuart and Jensen beach Causeways in beautiful Martin County, FL

The Ocean View Condominium complex of Hutchinson Island is an Ocean to River community in Stuart FL just about equidistant from both the Stuart and Jensen Beach Causeways (about 2 miles).  Ocean View Condos have five buildings. Two on the Oceanside and 3 on the Riverside.  2 pools, a tennis court and clubhouse with kitchen.

Deeded docks with deep water ocean access on the riverside and covered parking on the Oceanside.
This complex was completed between 1977 through 1979 and has mostly 2 bedroom, 2 bath condos ranging in size from 1,435 sq. ft. to 1,272 sq. ft. of air-conditioned living area.  There are two penthouse units in the Oceanside buildings that are a very large 3 bedroom 2 and ½ bathroom residences of 2,974 sq. ft.  The condo association fees vary from $464.00 to $620.00 a month depending on the size and location of the condo.

Beach of Ocean View Condo on Hutchinson IslandDocks of Ocean View Condo on Hutchinson Island Search for all Ocean View Condos on Hutchinson Island


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

View all of our listings

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

Ocean View Condos December 2018 Market Report

 

Harbour Ridge December 2018 Market Report

12.16.18 by

Harbour Ridge December 2018 Market Report

Homes:

There are currently 50 homes available for sale in Harbour Ridge.  Listi prices range from $39,900 up to $835,000 for an average list price of $296,568 which equates to $121.95 per sq. ft. of living area.

There are 3 homes under contract which have not closed to date.  List prices were from $119,700 up to $975,000 for an average list price of $404,800 or $131.89 per sq. ft. of living area.  These homes averaged 57 days on the market prior to going under contract.

In the past 12 months, 70 homes have sold.  Sales prices ranged from $100 up to $2,200,000 for an average sales price of $349,050 or $116.21 per sq. ft.  These sales averaged 87% of the last list price and were on the market for an average of 149 days prior to going under contract.

Condos:

There are 76 condos for sale in Harbour Ridge. List prices range from $0.00 up to $649,000 for an average list price of $183,591 or $183,591 per sq. ft. of living area.

There are no condos currently under contract in Harbour Ridge.

32 condos have sold in the past 12 months with sales prices from $1,000 up to $545,000.  This equals an average sales price of $128,125 which equals $54.81 per sq. ft.  These condos sold for an average of 68% of the final list price and took an average of 265 days on market before accepting an offer.

Harbour Ridge in Palm City

About Harbour Ridge in Palm City FL:

Harbour Ridge is a yacht and country club located right next to the St. Lucie River.  Technically located in Saint Lucie County, but Harbour Ridge residents have a Palm City zip code and children attend the ‘A’ rated Martin County School district as it’s location is much closer to Martin County.

Harbour Ridge in Palm City Harbour Ridge in Palm City

This magnificent golf and yachting community offers a wide and varied range of recreational activities for residents only such as; two championship golf courses, tennis programs, a gym center, yacht club with a private marina, and a gorgeous dog park! Harbour Ridge includes many varied types of residences from, a low density community that allows each home to have plenty of green space and a minimum of 1.25 acres to wonderful condos overlooking the wide Saint Lucie River.  There is a newly built magnificent club house that is sought after for rentals throughout the community.

Harbour Ridge in Palm City Harbour Ridge in Palm City

This is an equity membership association.  Equity Membership means you are a part owner of the community. There are 695 members…your $68,000 Equity gives you 1/695th ownership. When you sell your property and leave the community, it is refunded to you along with the $600 Property Owners’ Association Equity also due at closing.

Annual Fees include Club (Golf/Tennis/Fitness Center) membership, Property Owners’ Association Fees (for common areas) HOA Fees (for the village where your property is located) and Capital Funds Reserve Fees (a fund set up for maintenance & improvements to avoid assessments.)

Condo Building Insurance is included in Condo HOA Fees along with landscaping, roof maintenance, & painting of the outside of the building every 7-8 years.

EVERYONE, whether in a 2 BR condo without covered parking or a multi-million dollar custom home pays $24,989.56. Add to that the HOA Fee for the village where the property is located.

Search for all Harbour Ridge Homes in Palm City

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Palm City Florida Real Estate is presented by:
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Harbour Ridge December 2018 Market Report

Anglers Cove Condo With Ocean Access Dock Sold

12.15.18 by

Anglers Cove Condo With Ocean Access Dock Sold

Under contract in 23 days and sold 14 days later by Gabe Sanders, Stuart Florida Real Estate.  The sales price was $275,000.

Anglers Cove Condos on Hutchinson Island

Calling all boaters and fisherman!  Enjoy having your own private dock for up to a 30’ boat right outside your back door.  Enjoy the good life in this Hutchinson Island 2 bedroom, 2 bathroom condo with private beach access, a heated pool, clubhouse, additional storage, car wash and on-site manager.   This unit has wonderful water views with peaks at the wide Intracoastal Waterway from the Florida room, living room and dock.  The ocean inlet is only 10 to 15 minutes away depending on the sped of your boat.  This condo is located in the Anglers Cove community which is only minutes from the Stuart Causeway and all the shopping and amenities that Stuart has to offer.  This is a pet friendly community and will accept up to two dogs.  Boat trailer parking on site subject to availability.

About Anglers Cove:

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings and 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Anglers Cove Condos on Hutchinson Island Anglers Cove Condos on Hutchinson Island

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Anglers Cove Condos on Hutchinson Island Anglers Cove Condos on Hutchinson Island

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Anglers Cove Condos on Hutchinson Island Anglers Cove Condos on Hutchinson Island

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Anglers Cove Condos on Hutchinson Island Anglers Cove Condos on Hutchinson Island

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida getaway for those cold winters up north!

Anglers Cove Condos on Hutchinson Island Anglers Cove Condos on Hutchinson Island

Condo association fees vary depending on unit size but are roughly $525 to $867 per month. (as of July 2018).  The fees include maintenance and insurance for the common areas and Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer and building maintenance and insurance.

Anglers Cove Condos on Hutchinson Island Anglers Cove Condos on Hutchinson Island

This is a pet friendly complex allowing for up to two large pets per unit and rentals are permitted with some restrictions.

Search here for all Anglers Cove condos for sale

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Anglers Cove Condo With Ocean Access Dock Sold

Sewalls Point Single Family Market Report November 2018

12.14.18 by

Sewalls Point Single Family Market Report November 2018

Sewalls Point Real Estate Snapshot, Residential Sales for November 2018

 

There are currently 68 active listings (Up by 11 homes from last month)

Sewalls Point Single Family Market Report November 2018

9 home sales are pending and awaiting close or lender approval (Up by 3 homes from October)

Sewalls Point Single Family Market Report November 2018

2 Homes sold in November (Decreased by 5 homes sales from October)

Sewalls Point Single Family Market Report November 2018

The single-family real estate market in Sewalls Point has continued to increase the number of homes for sale  (inventory).  And sales were down for the month, though pending sales improved.

The absorption rate jumped to 34 months, in October it was 8.1 months.  An extreme 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 November 2017, the inventory was 47 homes on the market, 9 pending sales and there were 10 closed sales.  Much stronger activity on a smaller inventory of available homes last year.

Sewalls Point Single Family Market Report November 2018

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Sewalls Point Single Family Market Report November 2018

 

Windjammer Waterfront Condos December 2018 Market Report

12.14.18 by

Windjammer Waterfront Condos December 2018 Market Report

As of December 2018, there are 6 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $189,900 up to $295,000.  The average list price is $227,700 which equates to a price per square foot of living area of $191.18.

There are no condos currently under contract (pending sales).

In the past 12 months, 15 Windjammer Waterfront Condos have sold.  Sales prices ranged from $140,000 up to $315,000.  This is an average sales price of $210,967 which equals $177.13 per sq. ft.  These condos sold for an average of 95% of the last list price and were on the market for an average of 108 days prior to accepting an offer.

Windjammer Waterfront Condos Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access.  There are 130 2 bedroom, 2 bathroom condos with porches.

Windjammer Waterfront Condos
Docks are deeded to the condos and are owned by the unit owners.  (Not every condo has an accompanying dock)  Dock sizes vary and go up to a 16′ beam and 40′ length.  Rentals are allowed with restrictions and 1 small pet is also allowed.
 Windjammer Waterfront Condos Windjammer Waterfront Condos

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Windjammer Waterfront Condos Homes for Sale in Palm City Florida

 

Windjammer Waterfront Condos December 2018 Market Report

St Lucie County Townhouses and Condos October 2018 Market Report

12.13.18 by

St Lucie County Townhouses and Condos October 2018 Market Report

The St Lucie County Townhouses and Condos October 2018 Market Report had weaker activity when compared to last year but remains an active market.  Closed sales were down by 1.0% from last year (was down by 3.7% in September) while new pending sales were down by 24.6% for October (was up by 5.3% in September).

Prices were mixed for the month.  The median price increased by 11.0% from last year (was up by 31.6% in September) while the average sales price decreased by 3.1% (was up by 38.6% in September).

The inventory of available townhouses and condos increased by 36 units from last month to 539 units, which is 21.1% greater than October 2017. The current supply is 5.1 months, which is 13.3% more than the 4.5 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 October 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos October 2018 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 October 2018 Market Report

Willoughby Golf Club Stuart December 2018 Market Report

12.13.18 by

Willoughby Golf Club Stuart December 2018 Market Report

There are currently 11 homes on the market in the Willoughby Golf Club. List prices range from $375,000 up to $1,595,000.  The average listing price is $726,618 which equates to a price per sq. ft. of living area of $217.41.

There is only 1 home under contract.  The list price was $364,900 or $141.82 per sq. ft. of living area.  This is a bank owned foreclosure and was only on the market for 22 days before going under contract.

In the past 12 months, 23 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $340,000 up to $950,000.  This equals an average sales price of $515,370 which equals $171.54 per sq. ft. of living area.  Sales prices averaged 95% of list prices and these were on the market for an average of 123 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 can be found in the city of Stuart. Stuart is located in Martin County Florida and 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 Home 3The Willoughby Golf Club real estate and surrounding area 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 Home 2

Willoughby Golf Club real estate home sites are complemented by the numerous activities and events that take place in the town of Stuart along with 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.

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

Search for Martin County Real Estate

Willoughby Golf Club Stuart December 2018 Market Report

 

St Lucie County Single Family Homes October 2018 Market Report

12.12.18 by

St Lucie County Single Family Homes October 2018 Market Report

St Lucie County Single Family Homes October 2018 Market Report had strong sales activity when compared to last year but new pending sales declined.  Closed sales were up by 7.0% (in September they were up by 10.1%) and new sales under contract (new pending sales) decreased by 7.6% (they were up by 33.1% last month).

Prices continued to rise.  The median and average sales prices up by 4.8% and 8.6% respectively from last October (For September these numbers were up 12.2% and 5.5%).

Active listings increased by 100 homes up to 1,834 homes.  This inventory is 17.0% higher than last year.  The current supply of homes is  3.9 months (was 3.7 months for September) and 3.4 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes October 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes October 2018 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 October 2018 Market Report

Palm City Farms December 2018 Market Report

12.12.18 by

Palm City Farms December 2018 Market Report

There are currently 53 homes on the market in Palm City Farms.  Listing prices range from $139,900 up to $3,950,000.  The average list price works out to $809,878 (median $684,900) which is a per square ft. of living area price of $246.94 (median $212.10).

There are currently 7 homes under contract awaiting settlement.  Listing prices ranged from $223,000 up to $739,880 for an average of $546,097 which equals $195.00 per sq. ft. of living area.  These homes averaged 57 days on the market prior to going under contract.

In the past 12 months, 76 homes have sold in Palm City Farms with sales prices ranging from $81.00 up to $1,800,000 for an average sales price of $625,508 or $210.72 per sq. ft. of living area. These sales averaged for 95% of the last listed price and were under contract in an average of 108 days after being listed.

About Palm City Farms:

 
Homes and Land for Sale in Palm City Farms

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.  Prices are currently more affordable than they have been in the past 5 or 6 years.

Homes and Land in Palm City Farms


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.

Homes and Land for Sale in Palm City, Farms

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 December 2018 Market Report

Martin County Townhouses and Condos October 2018 Market Report

12.11.18 by

Martin County Townhouses and Condos October 2018 Market Report

Martin County Townhouses and Condos October 2018 Market Report rebounded a bit after a bit of a weaker September and somewhat stronger activity when compared to October of 2017.  Closed sales for the month were unchanged (was down by 24.1% in September) while new sales under contract (new pending sales) were down by 25.0% from October 2017 (decreased by 7.8% in September).

Prices, however, continue to rise.  The median sales price increased by 4.4% (was up by 13.3% in September) while the average sales price increased by 4.4% (was up by 24.0% in September) as compared to October of 2017.

The inventory of available townhouses and condos increased by 48 units to 347 properties as compared to last month.  This is 4.9% less inventory then the October 2017 data.  Currently, there’s a 3.4 month supply of inventory (compared to 3.8 months for October 2017).  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.

Martin County Townhouses and Condos October 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos October 2018 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 October 2018 Market Report

Admiralty Condos Palm City FL December 2018 Market Report

12.11.18 by

Admiralty Condos Palm City FL December 2018 Market Report

As of December 2018, there are 4 condos on the market in the Admiralty Condos.   Prices range from $749,900 up to $899,000.  So the average list price equals $831,447 which is $275.96 per sq. ft. of living area.

There are no condos currently under contract and awaiting settlement.

In the past 12 months, 3 Admiralty condos have sold.  The sales prices ranged from $600,000 up to $750,000.  This is an average sales price of $653,667 or $259.47 per sq. ft. of living area.  These condos sold for an average of 92% of the most recent list price and were on the market for an average of 159 days prior to going under contract.

About the Admiralty Waterfront Condos in Palm City Florida:

 the Admiralty in Palm City FL

The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven.  Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the Saint Lucie River with perfect sunrise views.  The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.
the Admiralty in Palm City FL
With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.
the Admiralty in Palm City FL
Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size.  There are five buildings which make up the Admiralty condo complex in Palm City, Florida.  Three of which were built in 1989-1990.  The two newer buildings were completed in 2005.  These condos offer unparalleled luxury and spaciousness for the price.  Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.
the Admiralty in Palm City FL
The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

 

Search here for:

Admiralty Condos Homes for Sale in Palm City Florida

Admiralty Condos Palm City FL December 2018 Market Report

Martin County Single Family Homes October 2018 Market Report

12.10.18 by

Martin County Single Family Homes October 2018 Market Report

The Martin County Single Family Homes October 2018 Market Report continued with strong closed activity but new pending sales were down.  Closed sales were up by 24.1% (was up by 32.2% in September).  While new pending sales decreased by 14.0% as compared to October 2017 (Increased by 54.3% in September).

Prices also increased for October.  The median sales price was up by 15.9% from last year (down by 6.5% in September) while the average sales price increased by 10.4% (was down by 1.9% last month).

The inventory of available single-family homes increased from last month by 111 homes to 985 units for October,  this is 0.6% more than last October of 2017.  The current supply of homes is 4.8 months, for October of last year, it was also a 4.8 months supply.  We’re still in a seller’s market for Martin County single-family home sales.  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 October 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes October 2018 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 October 2018 Market Report

Beachwood Villas Hutchinson Island December 2018 Market Report

12.10.18 by

Beachwood Villas Hutchinson Island December 2018 Market Report

There are currently no active listings in the Beachwood Villas of Hutchinson Island.

There is currently 1 pending sale in Beachwood Villas.  The list price was $455,000 which is $384.29 per sq. ft. of living area.  This condo was on the market for 104 days prior to going under contract.

5 condos have sold in Beachwood Villas in the past 12 months.  The sales prices were from $310,000 up to $437,500.  This works out to an average sales price of $368,000 or $339.31 per sq. ft. of living area.  These condos sold for an average of 96% of the final listed price and in an average of 76 days on the market until there was an accepted offer.

About Beachwood Villas on Hutchinson Island in Stuart FL:

Beachwood Villas on Hutchinson Island in Stuart FL

Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two bedroom, two bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Beachwood Villas on Hutchinson Island

Many units have direct oceanfront views and all of the condos have under building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

Beachwood Villas on Hutchinson Island

At the time of this writing management and condo fees are approximately $560 per month. Beachwood Villas is a pet friendly community with two large dogs permitted for owners.

Beachwood Villas on Hutchinson Island

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

Beachwood Villas on Hutchinson Island

Search here for all available Beachwood Villas for Sale

Search for Martin County Real Estate

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

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Beachwood Villas Hutchinson Island December 2018 Market Report

 

 

 

 

Beachwalk Condos Indian River Plantation December 2018 Market Report

12.09.18 by

Beachwalk Condos Indian River Plantation December 2018 Market Report

There are 2 condos currently for sale in Beachwalk for December 2018.  These condos have list prices of $349,900 and $354,900.  This is an average list price of $352,400 which equals $259.71 per sq. ft. of living area.

One condo is currently under contract in Beachwalk.  This condo was listed for $335,000 or $262.95 per sq. ft. of living area.  It was on the market for 75 days before going under contract.

In the past 12 months, 3 condos have sold in Beachwalk.  The sales prices ranged from $320,000 up to $340,000.  This is an average sales price of $333,333 which is $252.25 per sq. ft. of living area.  These condos sold for an average of 96% of the listed price and also took an average of 98 days on market prior to receiving an acceptable offer.

About the Beachfront Condos in Indian River Plantation:

Beachfront Condos in Indian River Plantation

Beachwalk in Indian River Plantation is a condo complex with 56 2 bedroom, 2 bathroom condos of either 1,253 or 1,274 sq. ft. of living area. The Beachwalk complex was built in 1993 making it one of the newer areas of Indian River Plantation on Hutchinson Island.

Beachwalk in Indian River Plantation
Beachwalk is only steps away from the beach, tennis courts, and golf course that are available through the Marriott at Hutchinson Island resort beach club. Enjoy evening cocktails and a snack at the Tiki Bar by the beach or take the free tram to the Marriott Hotel for a great meal any time of the day.

Beachwalk in Indian River Plantation
All condos in Beachwalk offer a split plan with two master suites each with their own bath. This is a pet friendly community with some buildings allowing up to 2 large pets. Management and Condo fees were around $520 per month at the time of this writing. One assigned parking spot is provided plus extra guest spaces are available for all residents.

Beachfront Condos in Indian River Plantation

Enjoy true resort style luxury living without having to pay luxury prices at the Beachwalk in Indian River Plantation.

Click here to search for available Beachwalk Condos for Sale

Search for Martin County Real Estate

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

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Beachwalk Condos Indian River Plantation December 2018 Market Report

 

Plantation House Condos Indian River Plantation December 2018 Market Report

12.08.18 by

Plantation House Condos Indian River Plantation December 2018 Market Report

There is one condo for sale in the Plantation House of Hutchinson Island.  This condo is listed for $550,000 or $440.35 per sq. ft. of living area.

There are no currently pending sales in the Plantation House.

Only 1 condo has sold in the Plantation House in the past 12 months.  The sales price was $535,000 or $428.34 per sq. ft. of living area.  This condo sold for 99% of the last listed price and went under contract 52 days after going on the market.

About the Plantation House on Hutchinson Island in Indian River Plantation:

Plantation House Condos on Hutchinson Island

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

Plantation House Condos on Hutchinson IslandThe Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft.  All units have Ocean Views.   There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Plantation House Condos on Hutchinson Island

Current condo and management fees are around $567 per month.

Plantation House Condos on Hutchinson Island

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Plantation House condos for Sale

Search for Martin County Real Estate

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

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Plantation House Condos Indian River Plantation December 2018 Market Report

 

 

 

Florida Townhouses and Condos October 2018 Market Report

12.07.18 by

Florida Townhouses and Condos October 2018 Market Report

The Florida Townhouses and Condos October 2018 Market Report remains active and surpassed last year’s activity levels.  Closed sales were up by 14.1% as compared to last month’s increase of 14.6% and new sales under contract (new pending sales) decreased by 0.8% (In September there was a 44.1% increase).

Prices, also, continued to rise for October though not as much as they were in the earlier months of the year.  Median sales prices were up by 5.9% (was up by 5.5% in September), while the average sales price increased by 8.0% (was up 7.6% in September).

The inventory of active listings increased by 5.4% from Octoberof last year.  For October 2018 we have 5.5 months of inventory as compared to 5.6 months for October 2017.  We remain in a seller’s 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 October 2018 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 October 2018 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 October 2018 Market Report

Sunset Trace Palm City December 2018 Market Report

12.07.18 by

Sunset Trace Palm City December 2018 Market Report

As of December 2018, there are 7 homes for sale in Sunset Trace.  These homes have list prices from $160,000 up to $261,900.  This is an average list price of $188,400 or $145.26 per square foot of living area.

There are 5 homes under contract and awaiting settlement.  The list prices ranged from $157,900 up to $179,900.  This works out to an average list price of $169,333 which equals $127.99 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, 43 homes have sold in Sunset Trace.  Sales prices ranged from a low of $125,000 up to $215,000.  This equals an average sales price of $161,577 or $124.27 per sq. ft. of living area.  These homes sold for an average of 97% of their final list price and went under contract in an average of 43 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 December 2018 Market Report

Florida Single Family Homes October 2018 Market Report

12.06.18 by

Florida Single Family Homes October 2018 Market Report

The Florida Single Family Homes October 2018 Market Report showed some mixed signals when compared to last year. Closed sales were up by 8.5% (were up by 17.0% in September) and new sales under contract (new pending sales) were down by 4.2% (were up by 37.9% in September).

Prices though are continuing to rise for October.  The median and average sales prices up by 7.6% and 7.4% respectively, compared to September’s 4.9% and 5.6%.

The inventory of available homes for sale increased by 9.8% from last year.  This is now a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (October of 2017 had a 3.8 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 October 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes October 2018 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 Single Family Homes October 2018 Market Report