Quail Meadow September 2018 Market Report

10.05.18 by

Quail Meadow September 2018 Market Report

There is only 1 townhome currently available for sale in Quail Meadow in the Martin Downs Country Club community of Palm City FL.  This home is listed for $237,000 which equals $143.29 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 9 homes have sold.  Sales prices were from a low of $170,000 up to $205,000.  This is an average sales price of $186,556 which works out to $126.99 per sq. ft. of living area.  These townhomes averaged 52 days on market before going under contract. They sold for an average of 96% of the last list price.

About Quail Meadow in Martin Downs

Located in the beautiful Martin Downs Country Club, Quail Meadow consists of 84 townhome/villas.  These are spread out in 14 buildings with 6 attached units in each building.  Quail Meadow was completed in 1983 and represents its own subdivision within the Martin Downs Country Club.  Many of these homes enjoy beautiful lake and golf course views.

entrance to Quail Meadow in Martin Downs

All of these homes have a 1 car garage and some are single story villas while others are two story style townhouses.   Sizes range from 3 bedroom, 3 bathroom homes with 1,654 sq. ft. of living area down to 2 bedroom, 2 bathroom villas with 1,331 sq. ft.

front view of Quail Meadow in Martin Downs

The HOA fee is $308 per month. This includes a 24 manned security gate and security patrols, management fees, basic cable TV, common areas and exterior maintenance.   This is a pet friendly community allowing up to two medium sized pets per unit.  Rentals are also permitted with some restrictions as to frequency and duration.

Pond in Quail Meadow in Martin Downs

Residents of Quail Meadow have the option of joining the golf club in Martin Downs as well as the Martin Downs sports complex.  Or, they are free to just enjoy the great location which is very close to Florida’s Turnpike and I-95 and shopping, restaurants, professional offices and medical facilities.

Quail Meadow in Martin Downs in Palm City FL

Click here to see if any Quail Meadow homes are available for sale

Quail Meadow September 2018 Market Report

Florida Townhouses and Condos August 2018 Market Report

10.04.18 by

Florida Townhouses and Condos August 2018 Market Report

The Florida Townhouses and Condos August 2018 Market Report remains in a strong market with better activity when compared to last year.  Closed sales were up by 6.6% as compared to last month’s increase of 8.5% and new sales under contract (new pending sales) decreased by 3.8% (In July there was a 1.8% increase).

Prices, also, continued to rise for August though at a slightly slower rate than in past months.  Median sales prices were up by 8.8% (was up by 5.3% in July), while the average sales price increased by 10.1% (was up 1.0% in July).

The inventory of active listings increased by 0.4% from August of last year.  For August 2018 we have 5.3 months of inventory (was also 5.3 months in July) and compared to 5.4 months for August 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 August 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 August 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 August 2018 Market Report

Palm Cove Golf and Yacht Club September 2018 Market Report

10.04.18 by

Palm Cove Golf and Yacht Club September 2018 Market Report

There are currently 11 properties actively listed in Palm Cove Yacht and Golf Club for September 2018 in Palm City, Florida.  List prices range from a low of $350,000 up to $1,950,000.  The average list price is $812,809 which works out to $205.15 per square foot of living area.

There is only 1 home currently under contract in the Palm Cove community of Palm City as of September 2018.  This home was listed for $474,900 or $156.17 per square foot of living area.  This home was on the market for 138 days before going under contract.

In the past 12 months, 10 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $260,000 up to $1,764,000.  This is an average sales price of $594,670 or $187.60 per square foot of living area.  These homes were on the market for an average of 60 days prior to going under contract and sales prices averaged 95% of the list price

About the Palm Cove Yacht and Golf Club:

Palm Cove Golf and Yacht Club in Palm City

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Palm Cove Yacht and Golf Club

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

Palm Cove Yacht and Golf Club

There’s a magnificent club house located riverside by the marina.  Residents enjoy 24-hour security from the manned gated entrance.  The Palm Cove Golf and yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled by remote from the main security gate.

Palm Cove Yacht and Golf Club

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Home owner (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

Palm Cove Yacht and Golf Club

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Palm Cove Golf and Yacht Club in Palm City

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions, you may have about the palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

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

Palm Cove Golf and Yacht Club September 2018 Market Report

Florida Single Family Homes August 2018 Market Report

10.03.18 by

Florida Single Family Homes August 2018 Market Report

The Florida Single Family Homes August 2018 Market Report showed mixed activity when compared to last year but still remains very active. Closed sales were up by 4.2% (were up by 3.8% in July) and new sales under contract (new pending sales) were down by 2.6% (were down by 0.3% in July).

Prices are also continuing to rise, though at a slower pace for August.  The median and average sales prices up by 6.0% and 4.0% respectively, compared to July’s 6.3% and 5.7%.

The inventory of available homes for sale increased by 4.5% 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. (August of 2017 also 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 August 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes August 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 August 2018 Market Report

Westwood Country Estates Palm City September 2018 Market Report

10.03.18 by

Westwood Country Estates Palm City September 2018 Market Report

As of September 2018, there are no homes on the market in Westwood Country Estates in Palm City, FL.

There is one home currently under contract (pending sale).  The list price was $449,900 or $180.68 per sq. ft. of living area.

There have been 3 homes sold in the past 12 months in Westwood Country Estates.  Sales prices ranged from $449,900 up to $700,000 for an average sales price of $569,967 which is $181.75 per sq. ft. of living area.  These sales averaged 98% of list price and went under contract in an average of 56 days on market.

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 September 2018 Market Report

Hobe Sound FL 33455 Condo Market Report August 2018

10.02.18 by

Hobe Sound FL 33455 Condo Market Report August 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2018

For August 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Decreased by 1 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2018

4 Condos are pending and awaiting close. (Down by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2018

4 Condos sold in August. (Up by 1 condo from July)

 Hobe Sound FL 33455 Condo Market Report August 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are moving off the market quite fast.

The absorption rate for Hobe Sound condos was 1.0 months for August as compared to 1.3 months in July).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The August 2017 numbers were: 15 active listings, 4 pending sales, and 6 closed sales.  Much better activity last year on a greatly larger  inventory.

Hobe Sound FL 33455 Condo Market Report August 2018

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

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2018

Renar River Place Condos September 2018 Market Report

10.02.18 by

Renar River Place Condos September 2018 Market Report

For September 2018 there are 4 condos for sale in Renar River Place in downtown Jensen Beach FL.  Lis prices range from $249,900 to $380,000.  This is an average list price of $326,325 or $213.63 per sq. ft. of living area.

There is one condo currently under contract.  The list price was $375,000 or $188.54 per sq. ft. of living area.  This condo was on the market for 143 days prior to going under contract.

In the past 12 months, 2 condos have sold in Renar River Place.  Sales prices were $213,000 and $215,000 for an average sales price of $214,000 which equals $123.42 per sq. ft. of living area.  These condos went under contract in an average of 7 days after being listed and sold for an average of 93% of the last list price.

About Renar River Place in Downtown Jensen Beach:

Renar River Place in Downtown Jensen Beach

One of the few newer condo communities in Martin County.  Renar River Place boasts spacious condos overlooking the Intracoastal Water Way (Indian River) right at the base of the Jensen Beach round about and causeway to Hutchinson Island.  There are also some townhouse style condos associated with this complex along with a limited amount of commercial space, making this the perfect work and live destination.

Renar River Place in Downtown Jensen Beach Renar River Place in Downtown Jensen Beach

Renar River Place is in a great location within an easy walk to all of the quaint shops and restaurants of Jensen Beach.  HOA fees vary by the size of the condo and location, so please call us for the latest cost.  This community is open to all ages and pets are also welcomed.  For those wishing to use this location as an investment, liberal rental rules will allow some excellent returns.

Renar River Place in Downtown Jensen Beach

Search her for Renar River Place Condos for sale

Renar River Place Condos September 2018 Market Report

Hobe Sound FL 33455 Residential Market Report August 2018

10.01.18 by

Hobe Sound FL 33455 Residential Market Report August 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2018

  For August 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 172 active listings. (Down by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2018

81 Residential sales are pending and awaiting close  (Up by 13 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2018

37 Homes Sold in August (Down by 16 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2018

The Hobe Sound Florida Market Report ZIP Code 33455 had a drop in closed sales for the month.  But, also, a rise in pending sales which should result in more sales in the coming months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.6 months (It was 3.6 months in July).  Remaining in a seller’s market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2017 were:  173 active listings, 62 pending sales, and 52 closed sales.  Better sales activity last year and better pending activity for this year.

Hobe Sound FL 33455 Residential Market Report August 2018

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

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report August 2018

Gabe’s October 2018 House Calls Newsletter

10.01.18 by

Gabe’s October 2018 House Calls Newsletter

Click on the image below to view or download Gabe’s October 2018 House Calls Newsletter:

Gabe's October 2018 House Calls Newsletter

Click here to download the full PDF of our October 2018 House Calls Newsletter

You can see all the past issues here:

House Calls Archive

Search here for Stuart Florida Real estate

Gabe’s October 2018 House Calls Newsletter

Sandpebble Condos Hutchinson Island September 2018 Market Report

09.30.18 by

Sandpebble Condos Hutchinson Island September 2018 Market Report

September 2018 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are currently 4 condos for sale in Sandpebble. The list prices range from $319,000 up to $389,000.  This works out to an average list price of $344,250 which is $311.75 per sq. ft. of living area.

There is 1 pending Sandpebble condo currently under contract.  The list price was $450,000 or $313.37 per sq. ft. of living area.  This condo went under contract 21 days after being listed.

In the past 12 months, 16 Sandpebble condos have sold.  Sales prices ranged from $275,000 to $450,000.  This is an average sales price of $344,400 which works equals $278.42 per sq. ft. of living area.  These sales averaged 96% of list price and went under contract after an average of 55 days on market.

About the Sandpebble Condos on Hutchinson Island in Stuart FL:

Sandpebble Condos on Hutchinson Island in Stuart FL


On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best-kept secrets in Martin County.  Located on a pristine 37 acres that reach from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 riverside and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

Sandpebble Condos on Hutchinson Island in Stuart FL


On the spacious grounds, there is plenty of green space for outdoor activities, two hard court tennis courts and a fully equipped clubhouse with kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Hutchinson Island Condos in Sandpebble, Stuart, Florida

 

Construction of the Sandpebble complex began in 1982 and just recently all buildings were completely refurbished with metal roofs, Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration, the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.

Sandpebble Condo on Hutchinson Island

For additional information and availability of Sandpebble Condominiums and other attractive Oceanfront Homes, Condos or Vacant Land, contact Gabe Sanders.

 

Search the MLS for Sandpebble Condos

Sandpebble Condos Hutchinson Island September 2018 Market Report

de la Bahia Waterfront Condos September 2018 Market Report

09.29.18 by

de la Bahia Waterfront Condos September 2018 Market Report

For September 2018 there are 4 condos available for sale in de la Bahia.  These condos range in price from $108,700 up to $139,900.  This is an average list price of $120,850 which equals $176.43 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $129,000 or $157.32 per sq. ft. of living area.  This condo was on the market for 71 days prior to going under contract.

In the last 12 months, 17 condos have sold.  Sales prices ranged from $92,000 up to $170,000.  The average sales price was $122,971 which works out to $145.55 per sq. ft. of living area.  These condos sold for an average of 92% of list price and went under contract in an average of 70 days on market.

About the de la Bahia Waterfront Condos:

de la Bahia Waterfront Condos

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

de la Bahia Waterfront Condos

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

de la Bahia Waterfront Condos

This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

de la Bahia Waterfront Condos

The de la Bahia condominium complex is made up of 303 attractive and desirable residences.  231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock.  Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

de la Bahia Waterfront Condos

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

The Yacht Club has monthly meetings with a guest speaker, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials.  In the past few years the association has sponsored a 3 to 5 day cruise in January. Membership is open to de la Bahia renters and owners only, boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

de la Bahia Waterfront Condos September 2018 Market Report

Jensen Beach FL 34957 Condo Market Report August 2018

09.28.18 by

Jensen Beach FL 34957 Condo Market Report August 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2018

For August 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 82 active listings. (Decreased by 5 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

37 Condo sales are pending and awaiting settlement. (Up by 3 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

27 Condos Sold (Up by 1 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2018

 The Jensen Beach FL 34957 Condo Market Report for August continued remained very active and is one of the strongest markets in the Martin County area.  Both pending and closed sales increased slightly along with another drop in the inventory of available condos for sale.

The one-month absorption rate for the August 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched down to 3.0 months (from 3.3 months in July), 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 August 2017 numbers were: 80 active listings, 41 pending sales, and 26 condos closed.  Very similar market activity when compared to last year.

Jensen Beach FL 34957 Condo Market Report August 2018

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 August 2018

Lake Grove September 2018 Market Report

09.28.18 by

Lake Grove September 2018 Market Report

There is only one home currently for sale in Lake Grove of Palm City, FL.  The list price is $724,900 or $194.87 per sq. ft. of living area.

There are no homes currently under contract in Lake Grove.

In the past 12 months, 5 homes have sold in the Lake Grove. Sale prices ranged from $435,000 up to $565,000.  This is an average sale price of $506,800 whick equals $177.85 per sq. ft. of living area.  These homes averaged 141 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

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 September 2018, the Lake Grove HOA fees are a very reasonable $275 per quarter.

Lake Grove in Palm CityThe 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.)

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 September 2018 Market Report

Jensen Beach FL 34957 Residential Market Report August 2018

09.27.18 by

Jensen Beach FL 34957 Residential Market Report August 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2018

 For August 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 162 active listings. (Down by 6 from last month)

Jensen Beach FL 34957 Residential Market Report August 2018

70 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2018

45 Homes Sold (Decreased by 2 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2018

The Jensen Beach FL 34957 Residential Market remains strong and active. Unlike much of the rest of Martin County, the inventory remains fairly strong.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 remained unchanged at 3.6 months ( was 3.6 months in July).  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 August 2017 numbers were: 143 active listings, 77 pending sales, and 48 home sales closed.  Slightly better sales and pending activity last year.  Interestingly, this is with a higher inventory of available condos for sale this year.
Jensen Beach FL 34957 Residential Market Report August 2018
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

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report August 2018

Moon River Jensen Beach September 2018 Market Report

09.27.18 by

Moon River Jensen Beach September 2018 Market Report

For September 2018, there are no homes for sale in Moon River on Hutchinson Island in Jensen Beach FL.

There are also 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 September 2018 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 September 2018 Market Report

Palm City FL 34990 Condo Market Report August 2018

09.26.18 by

Palm City FL 34990 Condo Market Report August 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2018

For August 2018 in the 34990 Zip Code area of Palm City, Florida :

There are currently 76 active condo listings. (Decreased by 2 condos from July)

   Palm City FL 34990 Condo Market Report August 2018

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

Palm City FL 34990 Condo Market Report August 2018

7 Condos Sold in August. (Up by 6 condos from July)

Palm City FL 34990 Condo Market Report August 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For August sales came back from the dismal July number.  Pending sales remain a little on the weak side.

The current absorption rate for condos in the 34990 zip code area dropped to 10.9 months (was 78 months in August).  Still a buyer’s market for Palm City condominiums, but not nearly as extreme as last month.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The August 2017 numbers were: 73 active listings, 8 pending sales, and 8 closed sales.  Down slightly this year when compared to August 2017.
Palm City FL 34990 Condo Market Report August 2018
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

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report August 2018

Governors Landing September 2018 Market Report

09.26.18 by

Governors Landing September 2018 Market Report

There are currently no homes on the market in Governors Landing for September 2018.

There is one home currently under contract.  It was listed for $469,000 or $183.70 per sq. ft. of living area.  This home was on the market for 10 days prior to going under contract.

In the past 12 months, no Governors Landing homes have sold.

About Governors Landing in Hobe Sound FL

Governors landing in Hobe Sound FL

Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks and west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  Very conveniently located about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors landing in Hobe Sound FL

Governors Landing has both canal homes with ocean access docks as well as lake front homes, many with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Governors landing in Hobe Sound FL

Homes were built between 1988 and 2006 in Governors Landing and as of this writing in September 2015 there are 4 vacant lots which have yet to be built upon.  Existing lot sizes range from just over 1/6th to just under ½ acres. And, homes range from 3 bedroom, 2 bathroom, 2 car garage with around 2,400 sq. ft. of air conditioned living area up to 5 bedroom, 5 bathroom, 3 car garage homes with 5,000 sq. ft. of living area.

Governors Landing of Hobe Sound FL Governors Landing of Hobe Sound FL

The HOA fee (as of August 2018) is $569 per quarter and includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.

Governors Landing of Hobe Sound FL Governors Landing of Hobe Sound FL

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School and South Fork High School.

For those looking for luxury ocean access homes with convenient access to good schools, medical facilities and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

Governors Landing September 2018 Market Report

Palm City FL 34990 Residential Market Report August 2018

09.25.18 by

Palm City FL 34990 Residential Market Report August 2018

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2018

For August 2018 in the 34990 Zip Code area of Palm City Florida :

 There are currently 361 active listings (Increased by 26 homes from July)

Palm City FL 34990 Residential Market Report August 2018

100 Residential sales are pending and awaiting close or lender approval. (Down by 42 homes from last month)

Palm City FL 34990 Residential Market Report August 2018

97 Homes Sold in July (Up by 21 homes from July)

Palm City FL 34990 Residential Market Report August 2018

The Palm City FL, zip code 34990 residential real estate market had mixed results for August.  There was a welcome increase in inventory and closed sales.  Unfortunately, a big decrease in pending sales.
The monthly absorption rate dipped to 3.7 months from 4.4 months in July.  Remaining in a seller’s 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 August 2017 numbers were:  346 active listings, 128 pending sales, and 95 closed sales. Similar closed activity this year when compared to last year.  The pending numbers are down for this year though.

Palm City FL 34990 Residential Market Report August 2018

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:

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

 

Palm City FL 34990 Residential Market Report August 2018

Bay Pointe Palm City September 2018 Market Report

09.25.18 by

Bay Pointe Palm City September 2018 Market Report

There are three homes currently for sale in Bay Pointe in Palm City FL.  These homes are listed for sale from $950,000 up to $2,185,000 for an average list price of $1,520,833 which equals $332.23 per sq. ft. of living space.

There are no homes currently under contract in Bay Pointe.

In the past 12 months, three homes have sold in Bay Pointe in Palm City FL.  These homes had sales prices from $449,000 up to $1,575,000.  This equals an average sales price of $936,333 which equals $267.53 per sq. ft. of living space.  These homes were on the market for an average of 66 days before going under contract and sold for an average of 95% of the list price.

About Bay Pointe in Palm City, Florida:

Bay Pointe Waterfront Homes in Palm City, Florida

Search for Bay Pointe Homes for Sale

Located next to Seagate Harbor and Lighthouse Pointe is the exclusive subdivision of Bay Pointe in Palm City Florida.  This exclusive gated waterfront subdivision boasts 23 homes and lots on the wide waters of the Saint Lucie River.  An additional 11 non-waterfront homes and homesites enjoy the amenities of this private community.  Even the non-waterfront homes have access to docks with a community pier located on the south side of the community.

Bay Pointe Waterfront Homes in Palm City, Florida

The current HOA fees vary from $910 up to $1,350 a month depending on whether the owner chooses to have the HOA do the landscaping for the yard (current as of September 2018).

Bay Pointe waterfront in Palm City FL
Located with a large private preserve area to the south and west and enjoying magnificent wide water views to the east.  Only minutes to the wide Atlantic Ocean by boat and enjoying the amenities and low taxes of Martin County make Bay Pointe a wonderful place to call home.

Bay Pointe waterfront in Palm City FL
Close to parks, beaches, shopping and boasting the ‘A’ rated school system of Martin County.  Current school assignments for Bay Pointe are the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

Bay Pointe waterfront in Palm City FL

The Gabe Sanders real estate team has some excellent buyer and seller rebate programs available for a limited time for those interested in buying or selling in Bay Pointe.  (Available until 12/2018)  Please call for details.

Bay Pointe waterfront in Palm City FL

Search for Bay Pointe Homes for Sale

Bay Pointe Palm City September 2018 Market Report

Stuart FL 34997 Condo Market Report August 2018

09.24.18 by

Stuart FL 34997 Condo Market Report August 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2018

For August 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 36 active condo listings (Down by 8 condos from July).

Stuart FL 34997 Condo Market Report August 2018

25 Condo sales are pending and awaiting close (Up by 4 condos from July).

Stuart FL 34997 Condo Market Report August 2018

12 Condos Sold in August (Decreased by 5 condos from July).

Stuart FL 34997 Condo Market Report August 2018

      The Stuart FL condo market for zip code 34997 is still a very strong market, but the inventory of available condos has now shrunk to unprecedented low levels.  Surprisingly, both pending and closed sales remain quite strong considering the low inventory.

     The absorption rate rose to 3.0 months in August compared to 2.6 months for July.  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 August 2017 numbers were: 44 active listings, 23 pending sales, and 17 closed sales.  Better sales activity last year but with greater inventory.

Stuart FL 34997 Condo Market Report August 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report August 2018