Orchid Bay Palm City FL April 2018 Market Report

04.26.18 by

Orchid Bay Palm City FL April 2018 Market Report

There are currently 4 homes listed for sale in Orchid Bay.  List prices ranged from $467,000 up to $599,000 for an average list price of $541,225 which is $226.65 per sq. ft. of living area.

Only 1 home is currently under contract and awaiting sale.  The list price was $530,000 or $202.60 per sq. ft. of living area. This home was on the market for 130 before going under contract.

In the past 12 months, 6 homes have sold in Orchid Bay.  Sales prices ranged from $375,000 up to $585,000 for an average sold price $473,343 which works out to $164.42 per sq. ft. of living area.  These 6 homes averaged 90 days on the market before the sellers accepted an offer and sold for an average of 96% of the listed price.

About Orchid Bay:

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road.  This gated community of 153 home-sites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites.  This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice.  Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000.  From as many as 8 bedrooms down to 3 bedroom homes.  Both one and two story residences. Homes were built from 1992 through 2007.  Amenities include tennis courts, a picnic and playground area as well as a public gazebo.  Numerous lakes and ponds are on this property with many homes enjoying serene water views.  Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing (April 2018) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools:  Palm City Elementary, Hidden Oaks Middle and Martin County High.

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, 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

Orchid Bay Palm City FL April 2018 Market Report

Hobe Sound FL 33455 Residential Market Report March 2018

04.25.18 by

Hobe Sound FL 33455 Residential Market Report March 2018

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

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

There are currently 194 active listings. (Decreased by 23 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2018

105 Residential sales are pending and awaiting close  (Up by 25 homes from February)

Hobe Sound FL 33455 Residential Market Report March 2018

45 Homes Sold in March (Up by 4 homes from last month)

Hobe Sound FL 33455 Residential Market Report March 2018

The Hobe Sound Florida Market Report ZIP Code 33455 remains a strong and active real estate market with both pending and closed sales increased when compared to last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.3 months ( It was 5.0 months in February).  Continuing as 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 March 2017 were:  200 active listings, 102 pending sales, and 42 closed sales.  Better activity this year when compared to last March.

Hobe Sound FL 33455 Residential Market Report March 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 March 2018

Village of Stuart Condos April 2018 Market Report

04.25.18 by

Village of Stuart Condos April 2018 Market Report

For April 2018 there are 3 condos for sale in the Village of Stuart.  The list price is $148,500 or $123.75 per sq. ft. of living area.

There are 2 condos currently under contract.  These condos were listed for $119,900 and $119,999 which is an average list price of $119,950 or $99.96 per sq. ft. of living area.  These condos went under contract in an average of 94 days after being listed.

In the past 12 months, 5 condos have sold.  Sales prices ranged from a low of $105,000 up to $158,000 for an average sales price of $123,800 which equals $99.40 per sq. ft. of living area.  These condos sold for an average of 94% of the listed price and were on the market for an average of 50 days before going under contract.

About the Village of Stuart Condos:

     Village of Stuart Condos

This condo community located off Indian Street and Aster Lane in Stuart FL was built in 1982 and 1983 and features 144 condos in 18 two story buildings.  All of these condos are 2 bedroom, 2 bathroom units with 1,200 sq. ft. of living area and all buildings have 4 units upstairs and another four on the first floor.

Village of Stuart Condos

Amenities include a community pool and tennis court. And, as of April 2018 the condo fee is $265 per month.  This fee includes exterior maintenance and insurance as well as the management fees and maintenance of all common areas as well as trash pickup and water and sewer.  The Village of Stuart is pet friendly and allows up to two medium sized pets per unit and also allows rentals with restrictions on duration and frequency.

Village of Stuart Condos Village of Stuart Condos

All ages are welcome in this community.  Children currently attend J. D. Parker Elementary School, Dr. David L. Anderson Middle School and Martin County High School.

Village of Stuart Condos Village of Stuart Condos

This community is located just west of US-1 (Federal Hwy.). Which gives easy and quick access to shopping, restaurants and the beaches and also only a few minutes away to I-95 for those commuting from either north or south.

Click here for any available condos for sale in the Village of Stuart

Village of Stuart Condos April 2018 Market Report

Jensen Beach FL 34957 Condo Market Report March 2018

04.24.18 by

Jensen Beach FL 34957 Condo Market Report March 2018

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

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

There are currently 109 active listings. (Decreased by 3 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2018

58 Condo sales are pending and awaiting settlement. (Up by 12 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2018

27 Condos Sold (Down by 3 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2018

 The Jensen Beach FL 34957 Condo Market Report for March had a slightly lower closed sale volume while pending sales increased.  This market is in need of some additional inventory.

The one month absorption rate for the March 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 4.0 months (from 3.7 months in February), remaining in a seller’s market after a short two months outside of this.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2017 numbers were: 129 active listings, 54 pending sales and 25 condos closed.  Considerably better sales and pending sales this year with a significantly lower inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report March 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 March 2018

Osprey Creek April 2018 Market Report

04.24.18 by

Osprey Creek April 2018 Market Report

For April 2018 there are 4 homes listed in the Osprey Creek community of Martin Downs Country Club in Palm City FL.  List prices range from $225,000 up to $260,000 for an average list price of $237,225 which equals $147.00 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 2 homes have sold.  The sales prices were $170,000 and $210,000 which equals an average sale price of $190,000 or $118.93 per sq. ft. of living area.  These two homes were on the market for an average of 12 days before going under contract and sold for an average of 97% of list price.

About Osprey Creek in Martin Downs Country Club

Osprey Creek in Martin Downs Country Club

The Osprey Creek section of Martin Downs Country Club has 41 homes located on the Martin Downs Country Club Golf Course. Homes consist of both 2 and 3 bedroom single family homes ranging in size from 1,714 to 1,542 square feet of living area. All of the homes include a single car garage. As of January, 2018 the HOA fees were $240 per month. These fees include security, landscaping and lawn maintenance, exterior pest control, trash pickup and basic cable TV service.

Osprey Creek in Martin Downs Country Club Osprey Creek in Martin Downs Country Club

Martin Downs is a guard gated community that offers memberships for golf, tennis and social. Two large pools, workout room, Tiki Sports Bar and Main Dining Room. A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.

Search for Osprey Creek Homes For Sale

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Osprey Creek April 2018 Market Report

Jensen Beach FL 34957 Residential Market Report March 2018

04.23.18 by

Jensen Beach FL 34957 Residential Market Report March 2018

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

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

 There are currently 186 active listings. (Down by 7 from last month)

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

93 Residential sales are pending and awaiting close or lender approval. (Up by 19 homes from February)

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

34 Homes Sold (Decreased by 6 homes from February)

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

The Jensen Beach FL 34957 Residential Market continues to lose some inventory while pending sales took a significant jump withsomewhat slower closed sales volume.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.5 months ( was4.8 months in February).  Remaining as a seller’s market for Jensen Beach residential sales though inching closer 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 March 2017 numbers were: 203 active listings, 82 pending sales, and 58 home sales closed.  Better closed sales last year and better pending sales this year with a lowe inventory of available homes for sale.
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 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

Residential Properties

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Rental Properties

Commercial Properties

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

Beachwood Villas Oceanfront Condo Sold

04.23.18 by

Beachwood Villas Oceanfront Condo Sold

2355 NE Ocean Blvd  Unit: 5-B in Beachwood Villas on Hutchinson Island in Stuart, FL has been sold with the buyer assisted by Gabe Sanders, Stuart FL Real Estate.  This is a totally updated and turnkey condo that did not even make it on the market.  The sales price was $449,500.

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

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

At the time of this writing management and condo fees are approximately $530 per month. Beachwood Villas is a pet-friendly community with two large dogs permitted for owners.

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

Search here for all available Beachwood Villas for Sale

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

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

Beachwood Villas Oceanfront Condo Sold

Sawgrass Villas Palm City April 2018 Market Report

04.22.18 by

Sawgrass Villas Palm City April 2018 Market Report

For April 2018 there is 1 townhome available for sale in the Sawgrass Villas community of Palm City Florida.  This property is listed for sale at a price of $245,000 which equals $117.85 per sq. ft. of living area.

There are no townhomes that are under contract at this time.

In the past 12 months 6 homes have sold in Sawgrass Villas.  Sales prices ranged from $190,000 up to $230,000 for an average sales price of $212,917 which works out to $121.94 per sq. ft. of living area.  These homes sold for 96% of list price and also averaged 36 days on market before going under contract.

About the Sawgrass Villas in Palm City:

Sawgrass Villas in Palm City

Built in 2005, the Sawgrass Villas of palm City are one of the few newer affordable townhome style condos in the area.  There are 52 units with two different floor plans.  All are 3 bedroom, 2 bathroom with either 2.079 sq. ft. of living area for the larger floor plan or 1,621 sq. ft. for the smaller ones.  With a rare exception all of these townhouses have a 1 car garage.

Sawgrass Villas in Palm City

Great location within walking distance to shopping and some restaurants and an easy drive to historic downtown Stuart and the beaches of Martin County or to Florida’s Turnpike for those needing to get to points north or south.

Sawgrass Villas in Palm City Sawgrass Villas in Palm City

The HOA fees (March 2018) are a very reasonable $365 per month as this includes building maintenance and insurance, landscaping, trash pickup, Cable TV,  and exterior pest control.

Sawgrass Villas in Palm City

Live the easy maintenance and worry free life in these solid concrete townhomes featuring hardi-plank siding and metal roofs.

Click here to search for Sawgrass Villas homes for sale

 

Lost River Plantation April 2018 Market Report

04.21.18 by

Lost River Plantation April 2018 Market Report

As of April 2018, there are 6 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $499,315 up to $750,000 for an average price of  $575,536 which equals $205.74 per sq. ft. of living area.

There is 1 home currently under contract in the Lost River Plantation Community.  This home was listed for $785,000 or $265.83 per sq. ft. of living area. This home was listed for 6 days prior to going under contract.

In the past 12 months, there have been 8 sales ranging in sales prices from $555,000 to $819,000 for an average sales price of $678,313 which works out to $224.60 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 103 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

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

Lost River Plantation April 2018 Market Report

Palm City FL 34990 Condo Market Report March 2018

04.20.18 by

Palm City FL 34990 Condo Market Report March 2018

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

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

There are currently 96 active condo listings. (Decreased by 7 condos from February)

   Palm City FL 34990 Condo Market Report March 2018

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

Palm City FL 34990 Condo Market Report March 2018

9 Condos Sold in March. (Up by 5 condos from February)

Palm City FL 34990 Condo Market Report March 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For March there was improvement for both closed and pending sales.  The Palm City condo market is hampered by two equity golf course communities with slow sales in the current environment.

The current absorption rate for condos in the 34990 zip code area dipped to 10.7 months (was 25.8 months in July).  Still in a buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The March 2017 numbers were: 95 active listings, 10 pending sales, and 4 closed sales.  Slightly better activity last year even on a reduced number of condos available for sale (inventory).
Palm City FL 34990 Condo Market Report March 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 March 2018

Fairwinds Cove Condos in Jensen Beach April 2018 Market Update

04.20.18 by

Fairwinds Cove Condos in Jensen Beach April 2018 Market Update

There are currently 2 condos for sale in Fairwinds Cove on Hutchinson Island in Jensen Beach Florida. These condos were listed for $255,000 and $295,000 for an average list price of $275,000 or $249.55 per square foot of living area.

There are also no condos currently under contract at this time.

In the past 12 months, only 1 Fairwinds Cove condo has sold.  The sales price was of $255,000 which equals $1231.40 per square foot of living area.  This condo solf for 98% of list price and was on the market for 5 days before going under contract.

About Fairwinds Cove in Jensen Beach FL:

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove.  A waterfront condo complex of 10 four story buildings with only 4 suites per floor.  Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with full kitchen, meeting room, fitness room, billiards and more.  Fairwinds Cove also has deeded docks with great access to fishing, water sports and only a few minutes to the crystal clear waters of the Atlantic Ocean.

Fairwinds Cove is a non-age restricted community that allows one small pet.  There is a strong sense of community with many long time seasonal and full time residents.  Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach  as well as the many amenities offered in Martin County, Florida.

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Jensen Beach Real Estate is presented by:
the Gabe Sanders real estate team

Fairwinds Cove Condos in Jensen Beach April 2018 Market Update

Palm City FL 34990 Residential Market Report March 2018

04.19.18 by

Palm City FL 34990 Residential Market Report March 2018

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

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

 There are currently 391 active listings (Decreased by 24 homes from February)

Palm City FL 34990 Residential Market Report March 2018

171 Residential sales are pending and awaiting close or lender approval. (Up by 27 homes from last month)

Palm City FL 34990 Residential Market Report March 2018

81 Homes Sold in February (Up by 26 homes from February)

Palm City FL 34990 Residential Market Report March 2018

The Palm City FL, zip code 34990 residential real estate market eboundedbig time for March with increased pending and closed sales.
The monthly absorption rate dropped to 4.8 months from 7.5 months in February.  Returning to a seller’s market for the Palm City zip code 34990 area for residential sales, though trending back towards a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The March 2017 numbers were:  449 active listings, 165 pending sales, and 81 closed sales.  Very similar activity when compared to last March but with a smaller number of available homes for sale.

Palm City FL 34990 Residential Market Report March 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 March 2018

Hidden River in Palm City FL April 2018 Market Report

04.19.18 by

Hidden River in Palm City FL April 2018 Market Report

There are no active listing in Hidden River in Palm City for early April 2018.

There are also no homes under contract at this time in the Hidden River community

In the past 12 months, only 31 homes has sold in Hidden River.  The sales prices ranged from $545,000 up to $1,022,500 for an average sales price of $751,583.  This works out to $281.04 per sq. ft. of living area.  These sales prices averaged 98% of the list price and went under contract in an average of 38 days of being listed.

About Hidden River in Palm City FL

Hidden River in Palm City FL April 2018 Market Report

This is a waterfront community in Palm City FL located on either Bessey Creek or Hidden River with ocean access through the North Fork of the Saint Lucie River.  Most homes in this community have excellent water depth and homes can handle some fairly good sized boats.

Hidden River in Palm City FL April 2018 Market Report

This is a non-deed restricted community with no HOA fees.  The earliest homes were built beginning in 1970 and the last one was completed in 2015.   Homes range from modest 2 bedroom, 2 bathroom cottages with just under 1,400 sq. ft. of living area on about a quarter of an acre up to 4 bedroom, 3 bathroom homes with close to 4,000 square ft of living area on one half acre lots.

Hidden River in Palm City FL April 2018 Market Report

Very private location, yet only minutes to Florida’s Turnpike as well as numerous shopping and restaurant choices in Palm City.

Hidden River in Palm City FL April 2018 Market Report

Children attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search here for any Hidden River homes for sale

Hidden River in Palm City FL April 2018 Market Report

 

 

Stuart FL 34997 Condo Market Report March 2018

04.18.18 by

Stuart FL 34997 Condo Market Report March 2018

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

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

There are currently 56 active condo listings (Up by 2 condos from February).

Stuart FL 34997 Condo Market Report March 2018

23 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from February).

Stuart FL 34997 Condo Market Report March 2018

22 Condos Sold in March (Increased by 5 condos from February).

Stuart FL 34997 Condo Market Report March 2018

      The Stuart FL condo market for zip code 34997 has a very low inventory of available condos for sale yet is showing strong activity with what is available.

     The absorption rate dropped to 2.4 months in March compared to 3.2 months for February.  Back into a strong sellers’ 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 March 2017 numbers were: 75 active listings, 44 pending sales, and 18 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale..

Stuart FL 34997 Condo Market Report March 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report March 2018

 

 

The Estuary April 2018 Market Report

04.18.18 by

The Estuary April 2018 Market Report

The Estuary of Stuart FL contains both homes and condos.  Here is the April 2018 market report for this gated community:

Homes

There are 8 homes for sale in the Estuary.  List prices range from $292,400 up to $895,000 for an average list price of $494,663 which equals $217.23 per sq. ft. of living area.

There is 1 home currently under contract.  It was listed for $355,000 or $191.27 per sq. ft. of living area and was on the market for 154 days before going under contract

In the past 12 months, 14 homes have sold in the Estuary.  Sales prices ranged from $207,000 up to $729,000 for an average sales price of $313,771 which works out to $175.57 per sq. ft. of living area. These homes sold for an average of 97% of list price and went under contract in an average of 70 days.

Condos

There is 1 condo currently available for purchase in the Estuary.  This condo is listed for $150,000 or $139.66 per sq. ft. of living area.

There are 2 condos currently under contract.  List prices were $159,900 and $180,000 which is an average list price of $169,950 or $160.16.  These condos averaged 9 days on the market prior to going under contract.

In the past 12 months, 4 condos have sold in the Estuary.  Sales prices were from $147,000 up to $181,100 for an average sales price of $159,025 which works out to $137.27 per sq. ft. of living area.  These four condos averaged 32 days on market and sold for an average of 102% of the last list price.

About the Estuary

The Estuary of Stuart FL

The Estuary of Stuart Florida, located in North Stuart, Florida and often mistaken for being a part of Jensen Beach Florida is a gated community with a variety of homes ranging from condos, to 1980’s vintage homes, to newer villas as well as waterfront homes with deep water docks.
The Estuary of Stuart Florida is very conveniently located on the banks of the North Fork of the Saint Lucie River, just minutes from the Treasure Coast Mall and the shopping and dining areas of the US-1 corridor in Jensen Beach.

Different sections of the Estuary include well appointed 2 and 3 bedroom condos with pool and lake views.  A select number of condos have mile wide river views of the Saint Lucie River.  An inland section of varying styles, sizes and shapes of homes built from the early 1980’s and also called River Shores Plantation.  In 2002, a section of the Estuary was added with villas and smaller single family homes on Tillia Trail with their own community pool.  Larger single family homes were also added at this time along Estuary Court, Plumbago Trail and the western section of NW 21’st Terrace.  This section also boasts a community dock suitable for good sized vessels with ocean access just a few minutes away at the Saint Lucie Inlet.   Homes on Plumbago Trail also enjoy spectacular wide water views.  The Estuary is truly a wonderful place to call home.

 Search here for the Estuary of Stuart Homes

Search The Estuary Condos For Sale

The Estuary April 2018 Market Report

Stuart FL 34997 Residential Market Report March 2018

04.17.18 by

Stuart FL 34997 Residential Market Report March 2018

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

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

There are currently 297 active listings (Decreased by 10 homes from February).

Stuart FL 34997 Residential Market Report March 2018

164 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from February).

Stuart FL 34997 Residential Market Report March 2018

92 Homes Sold in March (Increased by 27 homes from February)

Stuart FL 34997 Residential Market Report March 2018

      The Stuart Florida Residential Market for ZIP Code 34997 continues to show very strong sale activity.
     The absorption rate decreased to 3.2 months (was 4.7 months for February).  Into an even stronger seller’s market for the 34997 zip code area of Stuart for March 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 March, were: 332 active listings, 189 pending listings, and 94 closed sales.  Slightly greater activity last year but with a greater inventory of available homes for sale.
Stuart FL 34997 Residential Market Report March 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 March 2018

Creekside April 2018 Market Report Palm City Florida

04.17.18 by

Creekside April 2018 Market Report Palm City Florida

For April 2018 there is one home listed for sale in the Creekside community of Palm City.  This home is listed for $454,900 or $148.76 per sq. ft. of living area.

There are no homes currently under contract in the Creekside subdivision of Palm City.

In the past 12 months, 1 home has sold in Creekside.  The sales price was $365,000 which equates to $119.36 per sq. ft. of living area.  This home was on the market for 18 days before going under contract and sold for 97% of the list price.

About Creekside in Palm City

Creekside real estate in Palm City

A small gated community in Palm City FL with only 18 homes.  This is a Kolter built community that was constructed from 2013 to 2014.

Homes in Creekside are all 4 Bedrooms or greater with 3 or more bathrooms and most are 2 stories with 2 car garages.  Sizes of the homes range from just over 2,000 sq. ft. of living area up to over 3,000.  Some of the homes have private pools. There are no community amenities in Creekside which helps keep the HOA fees a very reasonable $120 per month.

 Home 2

Creekside is off of Sunset Trail in Palm City which makes it a quiet and private secluded location, yet still just minutes away from excellent shopping, restaurants as well as access to the numerous water ways, beaches and golf courses the Martin County and the Treasure Coast of Florida have to offer.

 Creekside real estate in Palm City

A very desirable community for children as this is an ‘A’ rated school district currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.

Here are the currently available homes for sale in Creekside

Creekside April 2018 Market Report Palm City Florida

Stuart FL 34996 Condo Market Report March 2018

04.16.18 by

Stuart FL 34996 Condo Market Report March 2018

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

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

There are currently 139 active condo listings (Down by 2 condos from last month).

Stuart FL 34996 Condo Market Report March 2018

55 Condo sales are pending and awaiting close or lender approval (Unchanged from February).

Stuart FL 34996 Condo Market Report March 2018

29 Condos Sold in March (Unchanged from February) 

Stuart FL 34996 Condo Market Report March 2018

The Stuart FL 34996 Condo Market of Stuart showed almost no change in activity from last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 inched down to 4.8 months from February’s 4.9 months.  Remaining in a 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 March 2017 were: 148 active listings, 58 pending sales and 36 closed sales.  Better activity last year on a slightly higher inventory.

Stuart FL 34996 Condo Market Report March 2018

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report March 2018

Suntide Condos on Hutchinson Island April 2018 Market Report

04.16.18 by

Suntide Condos on Hutchinson Island April 2018 Market Report

For April 2018, there are 2 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices are $339,000 and $385,000 which is an average list price of $362,000 that equals $302.57 per sq. ft. of living area.

There are no condos under contract at this time.

There have been 6 condos sold in the past 12 months in Suntide.  The sales prices ranged from $190,000 up to $312,500 for an average sales price of $260,417 which equals $208.67 per sq. ft. of living area.  These sales averaged at 96% of the last list price and also were on the market for an average of 111 days before accepting an offer that led to the sale.

About the Suntide Condominiums of Hutchinson Island in Stuart Florida:

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building  is one of the premier ocean front condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room than can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

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Hutchinson Island Real Estate is presented by:
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Suntide Condos on Hutchinson Island April 2018 Market Report

Fox Run Palm City Market Report April 2018

04.15.18 by

Fox Run Palm City Market Report April 2017

For April of 2017 there are 3 homes for sale in Fox Run in Palm City.  Listing prices ranged from $415,000 up to $595,000 for an average list price of $509,967 which works out to $245.99 per sq. ft. of living area.

Also, no homes under contract.

In the past 12 months, 2 homes have sold in Fox Run.  Sales prices were $240,000 and $530,000 for an average sales price of $385,000 which equals to $204.90 per sq. ft. of living area.  These homes sold for an average of 97% of their last listed price and averaged 19 days on market before going under contract.

About Fox Run in Palm City Florida:

  Fox Run real estate in Palm City FL

Fox Run is a waterfront community on the Hidden Rive and just north of Murphy Road between Matheson Avenue and High Meadows Avenue.  Only 57 homes in this community and they were built from 1979 through 2005.  11 homes are on the banks of the Hidden River with deep water ocean access docks.  The remaining homes have exclusive access to a boat ramp as well as a large lot to store trailers and RV’s.

Fox Run real estate in Palm City FL

Homes are of a wide variety of sizes and shapes ranging from 4 bedroom, 3 bathroom homes of over 3,000 square feet of living area to just over 1,200 sq. ft. homes with 2 bedrooms and 2 bathrooms.

Fox Run real estate in Palm City FL

Other than the boat ramp and the storage/parking lot there are no other amenities in Fox Run keeping the HOA fees to a very reasonable $350 a year.

Fox Run real estate in Palm City FL

Close to shopping, restaurants and with easy access to Florida’s Turnpike for those commuting either north or south, this quiet residential area is the perfect spot for families or couples looking for a great neighborhood with access to boating and fishing.

Fox Run real estate in Palm City FL

Currently, children living in Fox Run are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

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Fox Run Palm City Market Report April 2017