Stuart FL 34997 Condo Market Report May 2018

06.22.18 by Gabe Sanders

Stuart FL 34997 Condo Market Report May 2018

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

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

There are currently 50 active condo listings (Down by 7 condos from April).

26 Condo sales are pending and awaiting close or lender approval (Up by 7 condos from April).

Stuart FL 34997 Condo Market Report May 2018

17 Condos Sold in May (Increased by 8 condos from April).

Stuart FL 34997 Condo Market Report May 2018

The Stuart FL condo market for zip code 34997 showed strong activity for May. Both pending and closed sales improved from last month, whilewe remain in great need of more condos available to purchase (inventory) in this area of Stuart FL.

The absorption rate plunged to 2.9 months in May compared to 6.3 months for April. Back into 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 May 2017 numbers were: 61 active listings, 22 pending sales, and 37 closed sales. Better sales activity last year even though pending sales were a bit stronger this year. This is all with a reduced number of condos available for sale

Search for All Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34997 Condo Market Report May 2018

Parkwood Real Estate in Stuart FL June 2018 Market Report

06.22.18 by Gabe Sanders

Parkwood Real Estate in Stuart FL June 2018 Market Report

For June 2018, there are 2 homes for sale in the Parkwood real estate community of Stuart, FL. List prices were $245,000 and $270,000 for an average list price of $257,500 which works out to $179.10 per sq. ft. of living area.

There are also two homes under contract. The list prices were $229,900 and $279,999 for an average list price of $254,950 which works out to $167.41 per sq. ft. of living area. These homes averaged 30 days on the market prior to going under contract.

In the past 12 months, 15 homes have been sold. Sales prices ranged from $175,100 up to $300,000 for an average sale price of $249,007 which works out to $163.20 per sq. ft. of living area. These homes were on the market for an average of 21 days before going under contract and sales prices averaged 96% of list price.

About Parkwood in Stuart FL:

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

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

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

HOA fees (as of May 2018) are $40 per month and include maintenance and insurance for the community pool and common areas.

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

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

Parkwood Real Estate in Stuart FL June 2018 Market Report

Stuart FL 34997 Residential Market Report May 2018

06.21.18 by Gabe Sanders

Stuart FL 34997 Residential Market Report May 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for May 2018

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

There are currently 259 active listings (Decreased by 17 homes from April).

156 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from April).

93 Homes Sold in May (Increased by 9 homes from April)

The Stuart Florida Residential Market for ZIP Code 34997 remains very active. There is strong sales and pending activity. Unfortunately the number of homes available to purchase continues to decline and this will have an impact on future sales volume.

The absorption rate decreased to 2.8 months (was 3.3 months for April). Remaing in a very strong seller’s market for the 34997 zip code area of Stuart for May 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 May, were: 291 active listings, 168 pending listings, and 104 closed sales. There was better activity last year, but this was with a considerably greater number of homes for sale (inventory).

Stuart FL 34997 Residential Market Report May 2018

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 May 2018

Locks Landing in Stuart Florida June 2018 Market Report

06.21.18 by Gabe Sanders

Locks Landing in Stuart Florida June 2018 Market Report

As of June 2018, there are 4 homes on the market in Locks Landing in Stuart Florida. These homes are listed from $420,000 up to $529,000 for an average list price of $464,750 which equals to $194.43 per sq. ft. of living area.

There is 1 home currently under contract. The list price was $380,000 or $202.24 per sq. ft. of living area. This home was on the market for 32 days prior to going under contract.

In the past 12 months, 15 homes have sold in Locks Landing with sales prices ranging from $368,000 up to $520,000 for an average sales price of $452,787 or $190.33 per sq. ft. of living area. These sales averaged 96% of list price and on average went under contract within 74 days of being listed.

About Locks Landing in Stuart FL:

Locks Landing in Stuart Florida is a planned unit community of 243 homes on the southeastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots. Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway. This wonderful family neighborhood boasts a number of docks with available water and electrics. Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of freshwater fishing. For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate. The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer. This family-friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School, and South Fork High School

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Locks Landing in Stuart Florida June 2018 Market Report

Stuart FL 34996 Condo Market Report May 2018

06.20.18 by Gabe Sanders

Stuart FL 34996 Condo Market Report May 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2018

For May 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 118 active condo listings (Down by 7 condos from last month).

46 Condo sales are pending and awaiting close or lender approval (Down by 13 condos from April).

40 Condos Sold in May (Up by 1 condos from April)

The Stuart FL 34996 Condo Market of Stuart continues with strong sales and pending activity. Pending numbers were off from last month which is not unexpected as we dip into lower inventory levels. This should effect future sales volume for the coming months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.0 months from April’s 3.2 months. Still in a very strong sellers’ 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 May 2017 were: 137 active listings, 36 pending sales, and 30 closed sales. There is better pending and sales activity this year with a significantly lower inventory of available condos for sale. Very impressive results this month.

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 Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report May 2018

The Retreat in Hobe Sound June 2018 Market Report

06.20.18 by Gabe Sanders

The Retreat in Hobe Sound June 2018 Market Report

For the June 2018 there are currently 5 homes on the market in the Retreat of Hobe Sound, ranging in price from $295,000 up to $489,711 for an average price of $413,722 which equals $204.47 per square foot of living area.

There are 2 homes under contract and awaiting sale. List prices were $307,000 and $459,000 for an average list price of $383,000 which works out to $183.43 per sq. ft. of living area. These homes were on the market for an average of 193 days before going under contract.

In the past 12 months, 25 homes have sold in the Retreat. Sales prices ranged from a low of $247,000 to a high of $493,000 for an average sales price of $347,668 or 184.57 per sq. ft. of living area. These sales averaged 97% of list price and these homes were on the market for an average of 47 days before going under contract.

This is a beautiful DiVosta master-planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound. The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second homeowner looks forward to in Florida living. Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts. Golf course access is right next door at the Lost Lake Golf and Country Club.

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

HOA fees in the Retreat run $250.00 a month (as of June 2018). These fees include Basic Cable, Common Areas, Grounds / Plants, Lawn Care, Management Fees, Manager, Recreational Facilities, Reserve Funds and Trash Pickup.

Currently, some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

Gabe Sanders

Stuart Florida Real Estate

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

The Retreat in Hobe Sound June 2018 Market Report

Stuart FL 34996 Residential Market Report May 2018

06.19.18 by Gabe Sanders

Stuart FL 34996 Residential Market Report May 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2018

For May 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 115 active listings (Decreased by 13 homes from April).

41 Residential sales are pending and awaiting close or lender approval (Down by 5 homes from April).

20 Homes Sold in May (Down by 8 homes from April).

The 34996 zip code area of the Stuart Florida residential real estate market continues to be active but with weaker activity than last month. The inventory of available homes for sale is becoming an issue and may continue to affect the volume of sales in the near future.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for May rose to 5.8 months as compared to April’s 4.6 months. Remaining as a seller’s market for the 34996 zip code area of Stuart FL but on the brink of transitioning into 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 May 2017 were: 148 active listings, 64 pending sales, and 26 closed sales. There was considerably stronger activity last year but with a much greater number of available homes for sale.

Stuart FL 34996 Residential Market Report May 2018

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

Stuart FL 34996 Residential Market Report May 2018

Carriage Hill Condos of Palm Cove June 2018 Market Report

06.19.18 by Gabe Sanders

Carriage Hill Condos of Palm Cove June 2018 Market Report

There are no Carriage Hill condos available to purchase in the Palm Cove Golf and Yacht Club in Palm City, FL in mid June 2018.

There are also no condos currently under contract.

In the past 12 months, 3 condos have been sold. The sales prices ranged from $250,000 up to $269,000 which is an average sales price of $259,667 or $130.45 per sq. ft. of living area. These condos were on the market for an average of 156 days before going under contract and sold for 96% of list price.

About the Carriage Hill Condos of Palm Cove

Carriage Hills condos in Palm Cove

There are only 14 exclusive condos in the Carriage Hill section of the Palm Cove Golf and Yacht Club. There are two buildings. The first was built in 1991 and consists of both 3 bedroom and 2 bedroom units with from 1,700 sq. ft. of living area up to 2,300. The newest building was built in 2004 and is called the Links at Palm Cove with only four units with both 3 bedroom and 2 bedroom condos of 1,600 to 2,200 sq. ft. of living area. All of these condos have covered parking in the form of either attached or detached garages.

Carriage Hills condos in Palm Cove

Conveniently located adjacent to the tennis courts and the golf course with many units having both golf and lake views. Only a short walk to the magnificent full-service clubhouse and pool as well as access to the community docks with deep water dockage for vessels up to 70’.

Carriage Hills condos in Palm Cove

These are the only condos in the Palm Cove Golf and Yacht Club with all other residences either single family homes or townhouses located on Island Creek Trail.

Carriage Hills condos in Palm Cove

Maintenance fees for the Carriage Hill Condos of Palm Cove as of this writing (June 2018) are approximately $700 to $900 a month depending on size and location. Since these homes are condos, these fees include building insurance as well as exterior and roof maintenance as well as all the common areas and clubhouse membership.

You can use this link to search for any available listings in the Carriage Hill Condos of Palm Cove

Search here for all Palm City FL real estate

Carriage Hill Condos of Palm Cove June 2018 Market Report

Stuart FL 34994 Condo Market Report May 2018

06.18.18 by Gabe Sanders

Stuart FL 34994 Condo Market Report May 2018

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for May 2018

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

There are currently 81 active condo listings (Down by 16 condos from April).

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

34 Condos Sold in April (Increased by 6 condos from April).

The Stuart FL 34994 Condo market is now into historic low inventory levels which I have not seen before. Yet the volume of both pending and closed sales rose for May. This activity may not be sustainable if the inventory continues to drop.

The absorption rate for April dropped to 2.4 months compared to last month’s 3.5. Even a stronger seller’s market for this condo segment of Stuart’s 34994 zip code area after one month of a seller’s market. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months. Meaning neither the buyers or sellers have an advantage in the real estate market.

Last May the numbers were 85 active listings, 41 pending sales, and 18 closed sales. Much better volume of closed and pending sales for this year when compared to last..

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

Stuart, FL Real Estate

Business Opportunity Properties

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
- Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

Commercial Properties

Land Properties

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

Residential Income Properties

Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

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

Stuart FL 34994 Condo Market Report May 2018

Jensen Beach Golf and Country Club June 2018 Market Report

06.18.18 by Gabe Sanders

Jensen Beach Golf and Country Club June 2018 Market Report

There are currently 12 homes and/or villas available for sale in the Jensen Beach Golf and Country Club. List prices range from $259,000 up to $459,900 for an average list price of $349,875 which equals $200.12 per square foot of living area.

9 homes are under contract awaiting the final sale. List prices range from $245,900 up to $435,000 for an average list price of $349,911 which works out to $197.20 per square foot of living area. These homes averaged 45 days on market before going under contract.

In the past 12 months, 41 homes have sold. The sales prices ranged from $250,000 up to $440,000 for an average sales price of $331,984 which works out to a price per square foot of $186.28. These homes were on the market for an average of 63 days before going under contract and sold for an average of 97% of list price.

The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast. There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders. Homes began to be constructed in 2000 and new homes from D.R. Horton and Renar Homes have been recently completed. Previous builders included WCI Communities and Engle Homes.

The Jensen Beach Golf and Country Club is home to the Eagle Marsh Golf Course. This is a public course and all are welcome to play. Inexpensive membership plans are available along with dining facilities, a snack bar, and a pro shop. More information about the Eagle Marsh Golf Club can be found on their website.

Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two story pool homes of just over 2500 square feet with 3 car garages. In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

All of these amenities come at an incredibly attractive HOA fee of around $225 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach, only across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean. Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen Beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available homes in the Jensen Beach Golf and Country Club

For any questions you may have about the Jensen Beach Golf and Country Club, please call the Gabe Sanders real estate 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

Jensen Beach Golf and Country Club June 2018 Market Report

Snug Harbor Stuart June 2018 Market Report

06.17.18 by Gabe Sanders

Snug Harbor June 2018 Market Report

As of June 2018, there were no active listings in Snug Harbor in Stuart, FL.

There is one home currently under contract. List price was $1,700,000 for $$1,082.80 per sq. ft. of living area. This home was on the market for 165 days prior to going under contract.

3 homes have sold in Snug Harbor in the past 12 months. Ranging in sales price from a low of $1,210,000 up to $2,150,000. The average sales price was $1,695,000 or $499.46 per sq. ft. of living area. These sales averaged 93% of the last listed price and averaged 122 days on market prior to going under contract.

About Snug Harbor

Snug Harbor remains as one of the most desirable locations in Stuart, FL. Located on the wide Saint Lucie River just east of the city of Stuart Florida is this unique subdivision.

Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a clubhouse, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year-round that make this community a very attractive place to call home.

Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident, if you would like any information about this wonderful community.

Search here for:

Snug Harbor Homes for Sale

Snug Harbor June 2018 Market Report

The Soundings of Hobe Sound June 2018 Market Report

06.16.18 by Gabe Sanders

The Soundings of Hobe Sound June 2018 Market Report

For June 2018 there are 2 active listings in the Soundings Yacht and Tennis Club in Hobe Sound, FL. List prices are $429,900 and $689,000 with an average list price of $559,450 which equals $288.83 per square foot of living area.

There are also two homes under contract which have not sold to date. The list prices are $430,000 and $489,000 with an average list price of $459,500 which equals $191.55 per square foot of living area. These two homes were on the market for an average of 101 days prior to going under contract.

In the past 12 months, 4 homes have sold in the Soundings. Sales prices ranged from a low of $355,000 to a high of $825,000 for an average sales price of $560,875 or $279.71 per sq. ft. of living area. The average days on market was 39 days and sales averaged 97% of listing price.

Conveniently located only minutes from beautiful Jupiter Island Beach, June 2018 Market Report The Soundings Yacht and Tennis Club, Florida is an active planned community bordering both sides of Gomez Avenue in Hobe Sound. There are a total of 153 home sites in the Soundings with only 2 vacant lots unbuilt at last count.

On the East side of Gomez, the Soundings homes are mostly waterfront with deep water docks accessing the Intracoastal waterway. A small marina with additional docks deeded to a few select homes that do not have waterfront locations. In addition, there is a boat ramp as well as trailer storage for those wishing to keep their boats in dry storage. In addition, there’s a large community pool, tennis courts, and an active fully equipped clubhouse.

Homes in the Soundings Yacht and Tennis Club range from spacious estate homes with Intracoastal views to smaller cottages that are perfect for the occasional seasonal resident or those not requiring large homes but want easy access to the water.

More information about the Soundings Yacht and Tennis Club can be found on their community website.

Search for Homes in the Soundings Yacht and Tennis Club

View all of our Listings

Hobe Sound Real Estate is presented by:

the Gabe Sanders real estate team

The Soundings of Hobe Sound June 2018 Market Report

Stuart Florida 34994 Residential Market Report May 2018

06.15.18 by Gabe Sanders

Stuart Florida 34994 Residential Market Report May 2018

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

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

There are currently 67 active listings (Down by 7 homes from April)

35 Residential sales are pending and awaiting close or lender approval (Decreased by 2 homes from last month).

23 Homes Sold in April (Increased by 10 homes from April)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed very strong sales activity for this month. Much better than last month as well as last year.

The one-month absorption rate for the 34994 zip code for April plunged to 2.9 months from 5.7 months for April. Going to a stronger seller’s market for the 34994 zip code area of Stuart, FL. A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The May 2017 numbers were 71 Active Listings, 32 pending sales, and 16 closed sales. Stronger activity for this month when compared to 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 Stuart Florida Real Estate for Sale

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