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Jensen Beach FL 34957 Condo Market Report September 2018
10.29.18 by
Jensen Beach FL 34957 Condo Market Report September 2018
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2018
For September 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):
There are currently 87 active listings. (Increased by 5 condos from August)
27 Condo sales are pending and awaiting settlement. (Down by 10 condos from August)
27 Condos Sold (Unchanged from August)
The Jensen Beach FL 34957 Condo Market Report continues to show strong activity. There was a troubling drop in pending sale for the month. This may be an indicator of slower sales in the immediate future.
The one-month absorption rate for the September 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.2 months (from 3.0 months in August), remaining in a 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 September 2017 numbers were: 82 active listings, 31 pending sales, and 25 condos closed. Slightly stronger sales this year but also on a greater inventory of available condos for sale.
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
Jensen Beach FL 34957 Condo Market Report September 2018
Montego Cove October 2018 Market Report
10.29.18 by
Montego Cove October 2018 Market Report
There are 3 condos for sale in Montego Cove in Stuart FL for October 2018. List prices range from $169,000 up to $230,000. This is an average list price of $199,633 which works out to $127.21 per sq. ft. of living area.
Thereis 1 condo under contract awaiting the finalization of the sale. The list price was $239,900 or $142.54 per sq. ft. of living area. This condo was on the market for 71 days before going under contract.
In the past 12 months, 15 condos have sold in Montego Cove. Sales prices ranged from $162,000 up to $240,000 for an average sales price of $200,727 which equals $130.88 per sq. ft. of living area. These condos averaged 37 days on market before accepting the final offer and sold for an average of 97% of the last listed price.
About the Montego Cove Condos in Stuart FL
Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total 182 units that are mostly 2 bedroom, 2 bathroom condos and a few 3 bedroom ones and one 1 bedroom condo. Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos. This complex opened in 1985 and the last section was completed in 1989.
This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard and a clubhouse. This is a 55 and over age-restricted community. There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents. One small pet (under 15 lbs.) is permitted.
There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove. Those without water views have private preserve views.
An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away. Medical facilities, as well as professional services, are also only a short distance away.
As of October 2018, the Condo fee is $410 per month. This includes the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.
Click here to see the available Montego Cove condos for sale
Admiral Condos October 2018 Market Report
10.28.18 by
Admiral Condos October 2018 Market Report
As of October 2018, there is only 1 condo for sale in the Admiral on Hutchinson Island in Jensen Beach FL. This condo had a list price of $499,089 or $362.45 per sq. ft. of living area.
There are no condos currently under contract.
In the past 12 months, 7 condos have sold in the Admiral. Sales prices ranged from $325,000 up to $500,000. This is an average sales price of $402,357 which equals $274.20 per sq. ft. of living area. These condos went under contract in an average of 43 days and sold for an average of 95% of the listed price.
About the Admiral Condominium at Island Dunes
The Admiral Condominiums at Island Dunes on Hutchinson Island in Jensen Beach FL is a high rise building with 104 condos that was built in 1983. Residents of the Admiral belong to the Island Dunes Country Club which offers a challenging nine-hole golf course golf course on the on the banks of the wide Indian River, a championship tennis club , a pro shop, a deep-water marina and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.
Condos in the Admiral range from 3 bedroom, 3 bathroom units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedroom, 2 bathroom condos with 1,377 sq. ft. The current condo association fees are $800 a month for a 2 bedroom condo. These fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.
All units have wonderful ocean views while many also have sweeping views of the Intracoastal (Indian River) as well as the Island Dunes golf course. There’s also a private beach access as well as barbecue facilities.
Wonderful amenities are included such as a full first-floor common area with kitchen and space for parties, a game room, fitness center and sauna. The Admiral is a pet free building. Rentals are allowed with restrictions.
For those wishing to experience a true resort style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.
Click on this link for the currently available Admiral Condos for Sale
Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol
Admiral Condos October 2018 Market Report
Lost River Plantation October 2018 Market Report
10.27.18 by
Lost River Plantation October 2018 Market Report
As of October 2018, there are 6 available homes for sale in the Lost River Plantation community of Stuart, FL. Prices range from $485,315 up to $699,000 for an average price of $567,386 which equals $201.71 per sq. ft. of living area.
There is no homes currently under contract in the Lost River Plantation Community.
In the past 12 months, there have been 6 sales ranging in sales prices from $520,000 up to $723,000 for an average sales price of $616,000 which works out to $221.95 per sq. ft. of living area. Sales prices averaged 96% of the last list price and these homes were on the market for an average of 117 days prior to accepting these offers.
About Lost River Plantation in Stuart FL:
Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River. All, but just a handful of the homes have waterfront and dockage located in the backyard. Suitable for deep-draft ocean-going vessels with some docks able to accommodate over 50’ vessels. All homes are of newer construction (from 2004 to the present). There are a limited number of new homes not on the MLS available now or to be built, please call us for details.
This is a spectacular waterfront community with very private and protected waterfront areas. There is a community marina with a clubhouse that offers a fitness center, kitchen, and social rooms. For those wishing to commute to points north or south, Lost River is very conveniently located near the Interstate for easy access. Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and quaint downtown areas of Stuart, Florida. Also close to shopping, restaurants as well as medical facilities. Lost River Plantation is a tremendous opportunity for newer waterfront construction. A rare gem in this real estate market!
Search for all Lost River Plantation Homes for Sale in Stuart Florida
Stuart Florida Real Estate is presented by:
the Gabe Sanders real estate team
Lost River Plantation October 2018 Market Report
Jensen Beach FL 34957 Residential Market Report September 2018
10.26.18 by
Jensen Beach FL 34957 Residential Market Report September 2018
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2018
For September 2018 in the 34957 Zip Code area of Jensen Beach, Florida:
There are currently 163 active listings. (Up by 1 home from last month)
55 Residential sales are pending and awaiting close or lender approval. (Down by 15 homes from August)
48 Homes Sold (Increased by 3 homes from August)
The Jensen Beach FL 34957 Residential Market ad a sizeable drop in pending sales while closed sales remain strong. There’s also a fairly steady supply of inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dipped to 3.4 months ( was 3.6 months in August). Remaining as a strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2017 numbers were: 142 active listings, 55 pending sales, and 29 home sales closed. Better activity this year but also with a greater inventory of available homes for sale.
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
Click on this link and fill out the form for an accurate personal evaluation
Search here for Jensen Beach Real Estate for Sale
Residential Properties
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- Residential Properties for Sale in Jensen-Beach, Florida Between $0 – $500,000
- Residential Properties for Sale in Jensen-Beach, Florida Between $500,000 – $1,000,000
- Residential Properties for Sale in Jensen-Beach, Florida Between $1,000,000 – $1,500,000
- Residential Properties for Sale in Jensen-Beach, Florida Between $2,000,000 – $2,500,000
Land Properties
Rental Properties
Commercial Properties
Residential Income Properties
Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team
Jensen Beach FL 34957 Residential Market Report September 2018
Hummingbird Place October 2018 Market Report
10.26.18 by
Hummingbird Place October 2018 Market Report
There are currently no homes available for sale in Hummingbird Place in Stuart FL.
There are also no homes under contract awaiting settlement at this time.
In the past 12 months, 3 homes have sold in Hummingbird Place. Sales prices ranged from $360,000 up to $372,000 for an average sales price of $368,000 or $190.50 per sq. ft. of living area. These homes averaged 109 days on the market before going under contract and sold for 98% of the last listed price.
About Hummingbird Place in Stuart FL:
Hummingbird Place is a small gated community of 19 homes in North Stuart FL located on Britt Rd and in close proximity to the Treasure Coast Mall and the US-1 shopping area of Jensen Beach FL. This community was built between 2010 and 2014. All homes are in the Key West style and offer homes of just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to 2,500 sq. ft. homes with 4 bedrooms and 3 baths.
Low HOA fees of $200 a month include maintenance and upkeep of the common areas and gate as well as lawn care for each home. All ages are welcome and pets are allowed. There are restrictions on commercial vehicles that are not parked inside the garage overnight.
Children living in the Hummingbird subdivision attend Felix A Williams Elementary School, Stuart Middle School, and Jensen Beach High School.
Those looking for quality newer construction in a great area may want to consider Hummingbird Place.
Check here to see if any Hummingbird Place homes are available to purchase.
Hummingbird Place October 2018 Market Report
Palm City FL 34990 Condo Market Report September 2018
10.25.18 by
Palm City FL 34990 Condo Market Report September 2018
Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2018
For September 2018 in the 34990 Zip Code area of Palm City, Florida :
There are currently 83 active condo listings. (Increased by 7 condos from August)
5 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)
6 Condos Sold in September. (Down by 1 condo from August)
The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Sales remain difficult in this market as we have a large number f condos in two high fee equity golf club associations where the current market is quite challenging.
The current absorption rate for condos in the 34990 zip code area jumped to 13.8 months (was 10.9 months in September). Still a buyer’s market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2017 numbers were: 68 active listings, 7 pending sales, and 3 closed sales. Down slightly this year when compared to September 2017.
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
Click on this link and fill out the form for an accurate personal evaluation
Stuart Florida Real Estate presented by:
Gabe Sanders
Palm City Florida Real Estate presented by:
Gabe Sanders
Palm City FL 34990 Condo Market Report September 2018
800 Place October 2018 Market Report
10.25.18 by
800 Place October 2018 Market Report
For October 2018, there are no condos for sale in 800 Place in Stuart FL. These condos were listed for prices ranging from $77,900 up to $120,000 for an average list price of $99,267 or $104.55 per sq. ft. of living area.
There is 1 condo currently under contract and awaiting completion of a sale. This condo had a list price of $96,750 or $90.59 per sq. ft. of living area. This condo was on the market for 33 days before going under contract.
In the past 12 months, 15 800 Place condos have sold. Sales prices ranged from $70,000 up to $138,000 for an average sales price of $103,093 which equals $108.73 per sq. ft. of living area. These condos went under contract in an average of 51 days and for 97% of the last list price.
About the 800 Place Condos in Stuart FL:
The village of 800 Place in Stuart FL is conveniently located just North of Stuart’s Roosevelt Bridge on Fork Road. Easy access to historic downtown Stuart as well as all the convenient areas for shopping and restaurants located off US-1 in North Stuart and Jensen Beach.
800 Place has both 2 Bedroom, 2 Bathroom condos and 1 Bedroom 1 & ½ Bath and 1 Bedroom 1 Bath units. Interior sizes range from 1,068 sq. ft. down to 723 sq. ft. All ages are welcome and one pet up to 50 lbs. is permitted. Each unit has 1 reserved parking space and there are numerous guest spaces for additional vehicles. Pickup trucks are allowed to be parked overnight in this complex, one of the very few that allow these in Martin County.
Children who live in 800 Place are zoned to attend the Felix Williams Elementary School, Stuart Middle School, and Jensen Beach High School.
Amenities include a clubhouse with a kitchen, meeting facilities, game room and exercise equipment. A tennis and shuffleboard court and a community pool. Maintenance fees run from $305 to $400 per month depending on the size of the condo. These fees include the use of the common area, building insurance, maintenance, cable TV, landscaping, water and sewer, trash pickup and exterior pest control.
For those on a limited budget, the Village of 800 Place may be just the right place.
Currently available 800 Place Condos
800 Place October 2018 Market Report
Palm City FL 34990 Residential Market Report September 2018
10.24.18 by
Palm City FL 34990 Residential Market Report September 2018
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2018
For September 2018 in the 34990 Zip Code area of Palm City Florida :
There are currently 357 active listings (Decreased by 4 homes from August)
119 Residential sales are pending and awaiting close or lender approval. (Up by 19 homes from last month)
57 Homes Sold in August (Down by 40 homes from August)
The Palm City FL, zip code 34990 residential real estate market had big drop in closed sales and is back into a balanced market for the first time in quite a while. Pending sales were up which will hopefully result in greater closed sales in the coming months.
The monthly absorption rate jumped to 6.3 months from 3.7 months in August. Into a balanced market for the Palm City zip code 34990 area for residential sales. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.
The September 2017 numbers were: 335 active listings, 108 pending sales, and 43 closed sales. Better activity this year but with a highr inventory of available homes for sale.
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 Palm City Florida Real Estate for Sale:
Residential Properties
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- Residential Properties for Sale in Palm-City, Florida Between $0 – $500,000
- Residential Properties for Sale in Palm-City, Florida Between $500,000 – $1,000,000
- Residential Properties for Sale in Palm-City, Florida Between $1,000,000 – $1,500,000
- Residential Properties for Sale in Palm-City, Florida Between $1,500,000 – $2,000,000
- Residential Properties for Sale in Palm-City, Florida Between $2,000,000 – $2,500,000
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- Residential Properties for Sale in Palm-City, Florida Between $5,000,000 – $5,500,000
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Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team
Palm City FL 34990 Residential Market Report September 2018
Whitemarsh Reserve October 2018 Market Report
10.24.18 by
Whitemarsh Reserve October 2018 Market Report
For October 2018, there are 2 homes available for sale in Whitemarsh Reserve in Stuart FL. These homes are listed for $265,000 and $280,000. This is an average list price of $272,500 which equals $125.93 per sq. ft. of living area.
There are 3 townhomes currently under contract. These homes were listed from $239,000 up to $264,000. These work out to an average list price of $254,000 or $134.00 per sq. ft. of living area. These homes went under contract in an average of 67 days after being listed.
In the past 12 months, 15 homes have sold in Whitemarsh Preserve. Sales prices ranged from $192,000 up to $269,900 for an average sales price of $242,147 which is $129.89 per sq. ft. of living area. These homes averaged 61 days on market prior to going under contract and sold for an average of 97% of list price.
About Whitemarsh Reserve:
This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.
Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012. The initial townhomes were larger than the last ones that were built. With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.
This is a pet-friendly community allowing up to one large dog. Rentals are also allowed with some restrictions. The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting, trash pickup and the manager.
Only minutes to I-95 for those wishing to commute either north or south. Only 30 minutes to West Palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, a variety of great restaurants, shopping, gorgeous beaches and recreational activities.
Search for all Whitemarsh Reserve Real Estate in Stuart FL
Whitemarsh Reserve October 2018 Market Report
Stuart Florida Real Estate is presented by:
the Gabe Sanders real estate team
Stuart FL 34997 Condo Market Report September 2018
10.23.18 by
Stuart FL 34997 Condo Market Report September 2018
Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2018
For September 2018 in the 34997 Zip Code area of Stuart, Florida:
There are currently 42 active condo listings (Up by 6 condos from August).
16 Condo sales are pending and awaiting close (Down by 9 condos from August).
16 Condos Sold in September (Increased by 4 condos from August).
The Stuart FL condo market for zip code 34997 remains very active even with such historically low inventory levels. Pending sales were down while closed sales were up for September.
The absorption rate returned to 2.6 months in September compared to 3.0 months for August. Remaining as a strong seller’s market for 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 September 2017 numbers were: 49 active listings, 18 pending sales, and 13 closed sales. Pretty similar market activity as last year.
Stuart Florida Real Estate presented by:
Gabe Sanders
Stuart FL 34997 Condo Market Report September 2018
Indian River Point October 2018 Market Report
10.23.18 by
Indian River Point October 2018 Market Report
For October 2018, there are 3 homes available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island. These homes are listed for prices ranging from $299,000 up to $475,000. This is an average list price of $391,296 which equals $221.58 per sq. ft. of living area.
There are no homes currently under contract.
In the past 12 months, 8 homes have sold in this waterfront community. The sales prices ranged from $238,000 up to $585,000. This works out to an average sales price of $338,488 or $221.37 per sq. ft. of living area. This homes took an average of 107 days on market to go under contract and sold for 96% of list price.
About Indian River Point:
Situated on the shores of the wide Intracoastal at the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.
Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.
As of this writing, the homeowners association fees are $335 a month and these include basic cable TV, landscape and lawn maintenance as well as the insurance and care of the common areas and facilities.
Indian River Point is a wonderful and tight knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full time Florida home.
Search for Indian River Point Homes for Sale in Jensen Beach
Indian River Point October 2018 Market Report
Stuart FL 34997 Residential Market Report September 2018
10.22.18 by
Stuart FL 34997 Residential Market Report September 2018
Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2018
For September 2018 in the 34997 Zip Code area of Stuart, Florida:
There are currently 289 active listings (Increased by 27 homes from August).
123 Residential sales are pending and awaiting close or lender approval (Decreased by 14 homes from August).
86 Homes Sold in September (Decreased by 2 homes from August)
The Stuart Florida Residential Market for ZIP Code 34997 remains a very strong market. For September we saw a decrease in both closed and pending sales as well as an increase in inventory.
The absorption rate edged up to 3.4 months (was 3.0 months for August). Still a strong seller’s market for the 34997 zip code area of Stuart for September 2018. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
The 2017 numbers for September, were: 274 active listings, 130 pending listings, and 68 closed sales. Better sales activity this year with better pending activity last year.
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 34997 Zip Code of Stuart FL real estate for sale
Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
Stuart FL 34997 Residential Market Report September 2018
Palm Pointe and Palm Isles October 2018 Market Report
10.22.18 by
Palm Pointe and Palm Isles October 2018 Market Report
There are currently four active listings in Palm Pointe and Palm Isles community of Palm City FL. List prices for these homes range from $277,500 up to $379,000. This results in an average list price of $323,850 which equals $165.16 per sq. ft. of living area.
At this time, there are two homes under contract. The list prices were $277,500 and $279,999. This is an average list price of $278,750 or $177.69 per sq. ft. of living area. These homes were on the market for an average of 40 days prior to going under contract.
5 homes have sold in the past 12 months. Sales price ranged from $250,000up to $350,000 with the average sales price of $281,500 which works out to $159.28 per sq. ft. of living area. These homes were on the market for an average of 24 days prior to going under contract and sold at an average of 98% of list price.
About the Palm Isles and Palm Pointe Community in Palm City:
Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.
There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.
Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.
As of October 2018, HOA fees were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.
Search for Palm Pointe and Palm Isles Homes for Sale
Palm City Florida Real Estate is presented by:
Palm Pointe and Palm Isles October 2018 Market Report
The Charter Club at Martin Downs October 2018 Market Report
10.21.18 by
The Charter Club at Martin Downs October 2018 Market Report
There are currently 5 homes for sale in the Charter Club at Martin Downs in Palm City FL. List prices range from a low of $239,000 up to $299,900. This is an average list price of $263,560 or $161.91 per sq. ft. of living area.
There is 1 home under contract that has not yet sold. This home was listed for $289,900 which is $151.23 per sq. ft. of living area. This home went under contract 127 days after being listed.
These past 12 months saw 14 homes sell in the Charter Club. Sales prices ranged from $210,000 up to $295,000 for an average sales price of $258,564 which equals $157.85 per sq. ft. of living area. These homes were under contract in an average of 51 days and sold for an average of 95% of list price.
About the Charter Club at Martin Downs:
The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd. Developed in 1988 with the last home completed in 1995. Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.
Home sizes range from 3 bedroom, 3 bathroom, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedroom, 2 bathroom homes with just over 1,200 sq. ft. All of the Charter Club homes have garages and most are two car, though a few of the smaller homes only have one car garages.
There’s a community pool and hot tub for residents as well as to tennis courts. There’s also a nice large pond (or small lake) which many homes have nice private water views. The charter club allows up to 1 medium sized pet per home. There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.
The HOA fee is currently $235 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control and trash service.
A wonderful and safe community neighborhood that’s close to ‘A’ rated schools. The Charter Club at Martin Downs is a great place to call home.
Search here for Charter Club Homes for Sale
The Charter Club at Martin Downs October 2018 Market Report
The Princess of Hutchinson Island October 2018 Market Report
10.20.18 by
The Princess of Hutchinson Island October 2018 Market Report
As of October 2018, there are 7 condos for sale in the Princess of Hutchinson Island. The list prices range from $289,000 up to $429,000. This is an average list price of $356,386 or $245.85 per sq. ft. of living area.
There are two condos under contract that have not closed as of this writing. These condos were listed for $305,000 and $327,000. This is an average list price of $316,000 which equals $253.47 per sq. ft. of living area. These two condos averaged 145 days on the market prior to going under contract.
In the past 12 months, 12 condos have sold in this oceanfront building. Sales prices ranged from $310,000 up to $465,000. This is an average sales price of $368,917 which works out to an average of $244.56 per sq. ft. of living area. These condos were on the market for an average of 90 days before going under contract and sold for an average of 95% of the last list price.
About the Princess of Hutchinson Island Condos:
The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach. Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.
The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar. There are tennis and bocce courts as well as trailer parking and a vehicle wash area.
The maintenance fee (which includes the use of all facilities as well as exterior maintenance and insurance) varies from just under $500 a month to $700 a month depending on the size of the condo. The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.
Search here for all available Princess of Hutchinson Island Condos for Sale
Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol
The Princess of Hutchinson Island October 2018 Market Report
Stuart FL 34996 Condo Market Report September 2018
10.19.18 by
Stuart FL 34996 Condo Market Report September 2018
Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2018
For September 2018 in the 34996 Zip Code area of Stuart, Florida :
There are currently 100 active condo listings (Down by 2 condos from last month).
30 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from August).
22 Condos Sold in September (Up by 6 condos from August)
The Stuart FL 34996 Condo Market of Stuart rebounded from a slow August. Closed sales were up. Unfortunately, pending sales were off.
The current absorption rate for the Stuart Florida condos in ZIP Code 34996 rose to 4.5 months from August’s 6.4 months. Back, once again, into a seller’s market for this segment of Martin County condos. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.
The numbers for September 2017 were: 112 active listings, 33 pending sales, and 21 closed sales. Quiesimilar activity when compared to last year.
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Stuart FL 34996 Condo Market Report September 2018
Joes Point October 2018 Real Estate Market Report
10.19.18 by
Joes Point October 2018 Real Estate Market Report
As of October 2018, there are 2 homes for sale in Joes Point on Hutchinson Island. These homes are listed for $745,000 and $1,800,000. This works out to an average of $1,272,500 or $346.83 per sq. ft. of living area.
There are no homes currently under contract.
In the past 12 months, three Joes Point homes have sold. Sales prices ranged from $850,000 up to $1,200,000. The average sales price was $1,028,333 which works out to $314.40 per sq. ft. of living area. This homes went under contract in an average of 115 days and sold for 97% of the list price.
About Joes Point on Hutchinson Island:
One of the most unusual properties on Stuart’s Hutchinson Island is Joes Point. Located on a private peninsula which juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County. Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat. This is a true boaters paradise. Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.
Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes. There is also a community RV/Boat storage area as well as a tennis court. HOA fees as of October 2018 were under $300 per month and include central water and sewer service.
Pets are welcome as well as having the ability to rent these homes. This is a gated community offering a high level of privacy on the shores of the Indian River. Beach access is across A-1-A in a private and HOA owned beach area.
Search here for any available Joes Point Homes for Sale
Joes Point October 2018 Real Estate Market Report
Stuart FL 34996 Residential Market Report September 2018
10.18.18 by
Stuart FL 34996 Residential Market Report September 2018
Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for September 2018
For September 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :
There are currently 151 active listings (increased by 21 homes from August).
19 Residential sales are pending and awaiting close (Down by 2 homes from August).
13 Homes Sold in September (Up by 3 homes from August).
The 34996 zip code area of the Stuart Florida improved from last months slow activity. The inventory took a surprising rise while pending sales were off slightly and closed sales were up a little.
The one-month absorption rate for the 34996 zip code area of Stuart Florida for September shot up to 11.6 months as compared to August’s 13 months. Remaining in a buyer’s market for the 34996 zip code area of Stuart FL but drifting towards a balanced market. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.
The numbers for September 2017 were: 129 active listings, 19 pending sales, and 6 closed sales. Better activity this year when compared to September 2017.
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 real estate in the 34996 Zip Code of Stuart FL
Stuart Florida Real Estate presented by:
Gabe Sanders – Stuart Florida Real Estate