Sewalls Point Single Family Market Report March 2018

04.10.18 by

Sewalls Point Single Family Market Report March 2018

Sewalls Point Real Estate Snapshot, Residential Sales for March 2018

 

There are currently 48 active listings (Down by 2 homes from last month)

Sewalls Point Single Family Market Report March 2018

16 home sales are pending and awaiting close or lender approval (Increased by 5 homes from February)

Sewalls Point Single Family Market Report March 2018

4 Homes sold in June (Increased by 1 homes sales from February)

Sewalls Point Single Family Market Report March 2018

The single-family real estate market in Sewalls Point showed increased activity when compared to last month but still has much room for improvement.  The inventory of available homes is now very low and affecting sales activity.

The absorption rate fell to 12 months, in February was 16.7 months.  Remaining in a buyer’s market for Sewalls Point single-family homes.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to February 2016, the inventory was 66 homes on the market, 21 pending sales and there were 9 closed sales.  Better activity last March when there was a greater number of homes for sale.

Sewalls Point Single Family Market Report March 2018

 Search below for Sewalls Point Florida Real Estate for Sale

 

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Sewalls Point Single Family Market Report March 2018

 

Island Crest Oceanfront Condo #909 Under Contract in 6 Days

04.10.18 by

Island Crest Oceanfront Condo #909 Under Contract in 6 Days

Sorry, you missed it.  This Oceanfront condo went under contract 6 days after being listed with the seller receiving 10 offers on this condo.

Island Crest Condos on Hutchinson Island

This 2 bedroom, 2 bathroom condo in the Island Crest building of Jensen Beach on Hutchinson Island is priced well below market value as the executive of the estate wants it sold.  This unit comes fully furnished and has beautiful ocean views as well as river views from the front.  This unit has a tankless water heater and the AC was new in 2009.  Island Crest has 2 pools, a spa, common area in the main building, tennis courts, and a detached clubhouse with a fitness room and another lounge which is shared with the Oceana South Building.  This condo is in need of updating.  There is also a drive-through car wash and the grounds are protected by a gated entry.  Please contact your Realtor for information about making an offer on this condo.  One pet less than 30 lbs. is allowed and there is a 90-day minimum rental period.

Click here for more info, price and pictures.

Island Crest Condos on Hutchinson Island Island Crest Condos on Hutchinson Island

About Island Crest Condos on Hutchinson Island

Island Crest Condos on Hutchinson Island in Jensen Beach FL

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12 story complex with 126 residential condos.  Sizes range from 2 bedroom, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Island Crest Condos on Hutchinson Island

Located north of the Jensen Beach Causeway and south of the Waveland public beach, Island Crest has many upscale amenities.  These include 2 pools, Jacuzzi, clubhouse with social areas and 2 kitchens, fitness room, ocean view billiards, bocce court, 2 tennis courts, basketball, grilling area, car wash and private beach access.

Island Crest Condos on Hutchinson Island Island Crest Condos on Hutchinson Island

1 small pet is permitted and rentals are allowed with a minimum of 3 months.  Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks).  Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Click here to see the currently available Island Crest Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Island Crest Oceanfront Condo #909 Under Contract in 6 Days

St Lucie County Townhouses and Condos February 2018 Market Report

04.09.18 by

St Lucie County Townhouses and Condos February 2018 Market Report

The St Lucie County Townhouses and Condos February 2018 Market Report reported quite strong closed activity and improved pending numbers as well as compared to last year.  Closed sales were up by 24.3% from last year (was down by 19.7% in January) while new pending sales were up by 10.9% for February (was up by 21.2% in January).

Prices also jumped up with the median price increasing by 13.8% from last year (was up by 1.6% in January) while the average sales price increased by 18.7% (was up by 17.9% in January).

The inventory of available townhouses and condos increased by 12 units from last month to 580 units, which is 4.0% less than February 2017. The current supply is 5.7 months, which is 9.5% less than the 6.3 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market, but approaching a balanced one. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos February 2018 Market Report

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

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

 

St Lucie County Townhouses and Condos February 2018 Market Report

South Fork Estates Real Estate Market Report for March 2018

04.09.18 by

South Fork Estates Real Estate Market Report for March 2018

There are currently 2 homes for sale in South Fork Estates in Stuart FL.  The listing prices are $434,900 and $599,000 for an average list price of $516,950 which equates to $199.59 per sq. ft. of living area.

There are no homes under contract at this time in South Fork Estates

In the past 12 months, there have been 3 sales in South Fork Estates.  Sales prices ranged from $400,000 to $499,900.  The average sales price was $444,967 which works out to a per square foot of living area price of $174.35.   These homes were on the market for an average of 154 days before going under contract and sold at 98% of the listing price.

About South Fork Estates in Stuart FL:

A unique private community in Stuart, Florida built before the land was so expensive that homes had to be placed on top of each other.  All homes in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes were built between 1998 through 2005.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle, and South Fork High Schools.

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

South Fork Estates Market Report for March 2018

Martins Crossing Real Estate Market Report March 2018

04.08.18 by

Martins Crossing Real Estate Market Report March 2018

There are currently 6 homes and townhomes for sale in Martins Crossing.  Prices range from $225,000 to $423,000 for an average list price of $341,217 which equals $141.14 per sq. ft. of living area.

There are 2 homes under contract.  List prices were $249,900 and $289,500 for an average list price of $269,700 which is $169.07 per sq. ft. of living area.  On average these homes went under contract in 58 days.

In the past twelve months, 55 homes have sold in Martins Crossing.  Sales prices ranged from a low of $162,900 to a high of $415,000 for an average sales price of $267,395 which equates to $135.19 per sq. ft. of living area.  These homes sold at an average of 97% of listed price and were under contract in an average of 64 days.

About Martins Crossing in Stuart FL:

Martins Crossing real estate in Stuart FL

Located in the intimate, yet vibrant, City of Stuart near a variety of fine restaurants, cultural outlets, and shopping.  Martins Crossing Real Estate Market Report March 2018, boasts of  596 residences with a stunning variety of single-family homes and a section of private townhomes. This family-friendly community was completed around 2006 with mostly newer homes.

 Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report March 2018 community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and oversized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report March 2018 is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches, and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

Search for Martins Crossing Homes for Sale

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Martins Crossing Real Estate Market Report March 2018

Spinnaker Point Home with Ocean Access Dock

04.07.18 by

Spinnaker Point Home with Ocean Access Dock

Just reduced to $1,549,000, don’t miss this wonderful opportunity to own your own little slice of paradise. A wide river view home with a dock out your back door and private deeded access to the crystal clear waters of the Atlantic Ocean just across the street. This Kelly and Kelly designed custom home is located in the gated community of Spinnaker Point on Hutchinson Island in Stuart FL. A spacious two-story home with the master suite on the first floor. A total of 4 bedrooms plus a den/office and 3 full bathrooms and 2 half baths. A screened and heated pool overlooks the Intracoastal Waterway along with access to your own beach and dock. Located just about halfway between the Stuart and Jensen Beach causeways for exceptional access to both downtowns, shopping and the wonderful amenities that Martin County Florida offers. Spinnaker Point is a small 12 home association which reaches from the ocean to the river. “A” rated Martin County school systems and a pet-friendly community.

About Spinnaker Point on Hutchinson Island:

Spinnaker Point on Hutchinson Island is easy to miss when driving by on Highway A-1-A in Stuart FL.  But, it is one of the gems for those who want both river and ocean access.  This gated community has 12 homes west of the road and 2 lots that have yet to be built upon on the ocean side.

Four of these homes enjoy being on the Intracoastal Waterway (also known as the Indian River) and have deeded docks with ocean access (no fixed low bridges) through the Saint Lucie Inlet just a little under 5 miles south. The remaining 8 homes have access to the community pier and a few have deeded docks as well.

All the homes are built in the Key West style and were built between 1991 and 2001.  Home sizes range from a 3 bedroom, 2 bathroom home with a 2 car garage up to a 5 bedroom, 6 bathroom home with a 2 and ½ car garage.  There is deeded access to the ocean with a boardwalk leading over the dunes.  All ages and pets are permitted in Spinnaker Point.  HOA fee as of February 2018 is $167 per month.

School-age children attend the Felix A Williams elementary school, Stuart middle school, and Jensen Beach high school.

Located approximately half way between the Stuart and Jensen beach causeways making it easy to enjoy the restaurants, shopping, and amenities that both areas have to offer.

Spinnaker Point homes do not come on the market often, so click on the following link to see if any are currently available:

Homes for Sale in Spinnaker Point on Hutchinson Island

Spinnaker Point Home with Ocean Access Dock

The Pines and Windemere Real estate Market Update March 2018

04.07.18 by

The Pines and Windemere Real estate Market Update March 2018

There are currently 14 homes for sale in the Pines and Windemere in Jensen Beach FL.  Prices range from a low of $299,900 up to $459,888 for an average list price of $385,108 which is equal to $185.54 per sq. ft. of living area.

6 homes are under contract awaiting settlement.  Listing prices range from $319,900 up to $420,000 for an average list price of $361,117 or $184.93 per sq. ft. of living area.  These homes averaged 116 days on the market before going under contract.

In the past 12 months 31 homes have sold in the Pines and Windemere.  Sales prices ranged from a low of $234,379 up to a high of $570,000 representing an average sales price of $372,364 which equates to $171.20 per sq. ft. of living area.  These homes were on the market for an average of 88 days before going under contract and sold for 98% of list price.

About the Pines and Windemere in Jensen Beach FL:

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why The Pines and Windemere Real estate Market Update March 2018 is so desirable.

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  And as far as Jensen Beach High School: “Our Kids can walk to the new High School”.

In addition to the best schools, The Pines is located just a little over 2 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course (Eagle Marsh) is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  D.R. Horton has recently completed building brand new homes in both the Pines and Windemere subdivisions at some very affordable prices.

Neither the Pines or Windemere offer the amenities of a community pool or clubhouse which keeps the HOA fees quite low at $55.00 and $60.00 a month respectively.

 When these developments were planned the original intent was to combine the two for ease of access.  However the County decided to nix these plans as they felt that out of area residents would use Windemere Drive as a shortcut between US-1 and Jensen Beach and making a lot of congestion in this community.

For any questions you may have about The Pines and Windemere Real estate Market Update March 2018, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

 Search for the Pines and Windemere Re-Sale Homes
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The Pines and Windemere Real estate Market Update March 2018

St Lucie County Single Family Homes February 2018 Market Report

04.06.18 by

St Lucie County Single Family Homes February 2018 Market Report

St Lucie County Single Family Homes February 2018 Market Report rebounded for February with stronger closed though still weaker pending sales when compared to last year. Closed sales were up by 9.7% (in January they were down by 3.0%) and new sales under contract (new pending sales) decreased by 7.8% (they were down by 2.4% last month).

Prices, however, continued their upward march for the month.  The median and average sales prices up by 6.9% and 7.4% respectively from last February (For January these numbers were up 11.9% and 8.6%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 18 homes down to 1,766 homes.  This inventory is 2.6% lower than last year.  The current supply of homes is  3.8 months (was also 3.8 months for January) compared to 4.1 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes February 2018 Market Report

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

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

 

St Lucie County Single Family Homes February 2018 Market Report

The Meadows Palm City March 2018 Market Report

04.06.18 by

The Meadows Palm City March 2018 Market Report

There are currently 6 homes for sale in the Meadows in Palm City FL.  List prices range from $147,900 up to $320,000 for an average list price of $264,383 which equals $158.36 per sq. ft. of living area.

There are currently 5 homes under contract in the Meadows.  These homes were listed for prices from $249,900 up to $315,000 for an average list price of $269,340 which is $166.04 per sq. ft. of living area.  These homes averaged 44 days on market before going under contract.

In the past 12 months, there have been 38 sales in the Meadows.  Sales prices ranged from a low of $126,800 up to $400,000 with an average sales price of $239,013 or $146.91 per sq. ft. of living area.  These homes went under contract in an average of 21 days and sold for an average of 97% of their final list price.

About The Meadows Homes in Palm City Florida:

The Meadows at Martin Downs is a family friendly gated residential community very well situated in Palm City, Florida. There are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6  distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro, and Ridgewood.

Entrance to the Meadows

The Meadows is a guard gated community with round-the-clock security.  Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basketball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts.  Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

Homes in the Meadows

The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988.  Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

Homes in the Meadows

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four-unit Town Homebuilding (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988.  DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full-time support staff.

HOA fees in the meadows vary by the type of home, so please look at the listing details view when checking available Meadows homes for sale.  The Meadows is not age restricted and currently allows up to 2 large pets.  Rentals are also allowed with some restrictions.

Children currently attend the Bessey Creek Elementary School, the Hidden Oaks Middle School; and the Martin County High School.

Search for the Meadows Homes for Sale

The Meadows Palm City March 2018 Market Report

Martin County Townhouses and Condos February 2018 Market Report

04.05.18 by

Martin County Townhouses and Condos February 2018 Market Report

Martin County Townhouses and Condos February 2018 Market Report showed reduced activity when compared to last year.  Closed sales for the month were down by 2.0% (were down by 1.2% in January) while new sales under contract (new pending sales) were down by 5.8% from February 2017 (increased by 21.3 in January).

Prices, however, continued their rise as the median sales price increased by 4.7% (was up by 5.2% in January) while the average sales price increased by  7.0% (was up by 14.0% in January) as compared to February of 2017.

The inventory of available townhouses and condos increased by 21 units to 437 properties as compared to last month.  This is 7.2% less than the February 2017 inventory.  Currently, there’s a 4.4 month supply of inventory (compared to 5.0 months for February 2017).  Remaining in a strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos February 2018 Market Report

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

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouses and Condos February 2018 Market Report

Tesoro Club March 2018 Real Estate Market Report

04.05.18 by

Tesoro Club March 2018 Real Estate Market Report

There are currently 16 homes available to purchase in the Tesoro Club in Port St Lucie FL.  List prices range from $289,900 up to $1,099,000 for an average list price of $704,963 or $186.51 per sq. ft. of living area.

There are 2 homes currently under contract in the Tesoro Club.  List prices were $489,000 and $1,299,000 for an average list price of $894,000 which works out to $211.77 per sq. ft. of living area.  This home was on the market for 84 days before going under contract.

In the past 12 months there have been 10 sales in the Tesoro Club.  Sales prices ranged from a low of $402,000 up to $1,150,000 for an average sales price of $614,690 which equals $156.32 per sq. ft. pf living area.  These homes sold at an average of 92% of list price and were on the market for an average 180 days prior to going under contract.

About Tesoro in Port St. Lucie FL:

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

The centerpiece of the Tesoro club is a 100,000 plus square foot three story clubhouse overlooking a 120 acre lake.  This full service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

In addition to the world class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full time ATP Tennis Director offering lessons, clinics and a full service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

For those needing more pampering there’s a full service spa and salon on premises.  And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter acre lots.

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available re-sale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Tesoro Club March 2018 Real Estate Market Report

Martin County Single Family Homes February 2018 Market Report

04.04.18 by

Martin County Single Family Homes February 2018 Market Report

The Martin County Single Family Homes February 2018 Market Report had weaker closed sales for the month but an increase in pending sales as compared to last February.  Closed sales were down by 8.6% (was up by 11.0% in January).  While new pending sales decreased by 11.1% as compared to February 2017 (Decreased by 22.0% in January).

Prices were mixed with the median sales price up by 5.7% from last year (down by 2.4% in January) while the average price decreased by 8.5% (was up by 1.2% last month).

The inventory of available single-family homes increased from last month by 3 homes to 1036 units for January,  this is  9.2% less than last February.  The current supply of homes is 5.1 months, for February of last year, it was a 5.8 months supply.  We’re still in a seller’s market for Martin County single-family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2018 Market Report

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

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes February 2018 Market Report

Hammock Creek March 2018 Market Report

04.04.18 by

Hammock Creek March 2018 Market Report

There are currently 7 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $499,900 to $629,900.  The average list price works out to $557,386 which is $170.23 per square foot of living area.

There are 5 homes currently under contract awaiting closing.  The list prices range from $395,000 to $595,000 for an average list price is $472,200 which is equal to $177.80 per square foot of living area.  These homes averaged 51 days from list date to being under contract.

In the past 12 months, 34 homes have sold in Hammock Creek.  Sales prices ranged from $345,000 to $625,000 with an average sales price of $484,103 which works out to $159.25 per square foot of living area.  These homes went under contract in an average of 67 days and sold for an average of 96% of list price.

About Hammock Creek in Palm City FL:

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools make Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides.

Depending on which section of Hammock Creek you are in HOA fees run from $285 to $485 per quarter.   The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City elementary, Hidden Oaks middle and Martin County high schools.

Here are the currently available homes in Hammock Creek March 2018 Market Report

For any questions you may have about Hammock Creek March 2018 Market Report, 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

Hammock Creek March 2018 Market Report

Florida Townhouses and Condos February 2018 Market Report

04.03.18 by

Florida Townhouses and Condos February 2018 Market Report

The Florida Townhouses and Condos February 2018 Market Report continued with stronger activity as compared to the previous year.  Closed sales were up by 6.4% as compared to last month’s increase of 5.9% and new sales under contract (new pending sales) increased by 1.6% (In January there was an 8.1% increase).

Prices also continued their upward march.  Median sales prices were up by 7.2% (was up by 11.7% in January), while the average sales price increased by 11.9% (was up 17.1% in January).

The inventory of active listings decreased by 3.0% from February of last year.  For February 2018 we have 6.0 months of inventory (was 5.9 months in January) and compared to 6.4 months for February 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 February 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 February 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 February 2018 Market Report

Beacon 21 Condo C-11 Under Contract

04.03.18 by

Beacon 21 Condo C-11 Under Contract

Beacon 21 Condo C in Jensen Beach FL

 

Beacon 21 Condo building C Suite number 11.  Discover this 2 bedroom, 2 bath, nearly 1300 sq. ft.  condo with river breezes. Beacon 21 is a boater’s dream with docks available through the community marina along with a pool, tennis courts and a clubhouse, Enjoy your morning coffee in the large light and bright Florida Room. Situated in RIO, the up & coming hub of Jensen Beach! Walk to restaurants, parks and just a short drive to shopping, beaches & downtown Jensen Beach! Beacon21 Condo C is a 55+ community and 1 small pet is permitted.

Beacon 21 Condo C in Jensen Beach FL Beacon 21 Condo C in Jensen Beach FL

Beacon 21 Condo C in Jensen Beach FL Beacon 21 Condo C in Jensen Beach FL

About: Beacon 21 Condos in Jensen Beach

Beacon 21 Condos in Jensen Beach

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 Condos in Jensen Beach

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium-sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 Condos in Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $200 to $450 a month depending on the location and size of the condo.  Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school, and the Jensen beach high school.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

Florida Single Family Homes February 2018 Market Report

04.02.18 by

Florida Single Family Homes February 2018 Market Report

The Florida Single Family Homes February 2018 Market Report showed a modest improvement in closed sales but weaker pending activity as compared to last year. Closed sales were up by 3.3% (were down by1.3% in January) and new sales under contract (new pending sales) were down by 1.0% (were up by 0.1% in January).

Prices though, continue with their upward march.  The median and average sales prices up by 9.6% and 7.4% respectively, compared to January’s 9.1% and 12.3%.

The inventory of available homes for sale fell by 4.6% from last year.  For February there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February of 2017 had a 4.2 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 February 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes February 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 February 2018 Market Report

Castle Hill Real Estate Market Report March 2018

04.02.18 by

Castle Hill Real Estate Market Report March 2018

There are 2 homes currently for sale in Castle Hill in Sewalls Point, FL.  These homes are listed for $832,000 and $1,250,000 for an average list price of $1,041,000 which works out to $269.50 per sq. ft. of living area.

There is 1 home currently under contract.  The list price was $625,000 or $212.87 per sq. ft. of living area.  This home was on the market for 210 days prior to going under contract.

In the past 12 months, 3 Castle Hill homes have sold. Sale prices ranged from $860,000 up to $910,000 for an average sales price of $880,000 or $217.41 per sq. ft. of living area.  These homes sold in an average of 130 days on market before going under contract and for 96% of the list price.

About Castle Hill in Sewalls Point FL:

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants, and schools.

Residents of Castle Hill enjoy the good life with low HOA fees (currently $285 per quarter) and a quiet family friendly neighborhood for year round Florida living.  Homes range from multi-million waterfront properties high on the deep Saint Lucie River to half an acre and larger dry home fronts with homes now starting in the high $400,000’s.

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equidistant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location which makes Castle Hill such a desired community to call home.

Castle Hill was established in the early 1990’s and remains one of the prime locations to call home on the Treasure Coast.

Children attend Martin County schools and currently are zoned for the Felix Williams elementary, Stuart middle and the Jensen Beach high schools.  These are some of the finest schools in the State of Florida.

Here are the currently available homes for sale in Castle Hill

Castle Hill Real Estate Market Report March 2018

Gabe’s April 2018 House Calls Newsletter

04.01.18 by

Gabe’s April 2018 House Calls Newsletter

Click on the image below to view or download my April 2018 HouseCalls Newsletter:

 Gabe's April 2018 House Calls Newsletter

Click here to download the full PDF of our April 2018 HouseCalls Newsletter

You can see all the past issues here:

HouseCalls Archive

Search here for Stuart Florida Real estate

Gabe’s April 2018 HouseCalls Newsletter

Hobe Sound FL 33455 Condo Market Report February 2018

03.31.18 by

Hobe Sound FL 33455 Condo Market Report February 2018

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

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

There are currently 10 active condo listings. (Decreased by 2 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2018

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

Hobe Sound FL 33455 Condo Market Report February 2018

1 Condos sold in February. (Decreased by 3 condos from January)

 Hobe Sound FL 33455 Condo Market Report February 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory, pending sales and closed sales all decreased for February.

The absorption rate for Hobe Sound condos was 10.0 months for February as compared to 3.o months in January). 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 February 2017 numbers were: 13 active listings, 6 pending sales, and 2 closed sales.  Stronger activity last year for Hobe Sound condos.

Hobe Sound FL 33455 Condo Market Report February 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 February 2018

Banyan House Condos Stuart FL March 2018 Market Report

03.31.18 by

Banyan House Condos Stuart FL March 2018 Market Report

There are currently 2 condos for sale in the Banyan House condos in Stuart FL.  These two condos are listed for $200,000 and $214,900 for an average list price of $207,450 which is $154.40 per sq. ft. of living area.

There are also no condos with a pending contract.

In the past 12 months, 4 condos have sold in the Banyan House.  Sales prices were from $145,000 up to $190,000 for an average sales price of $172,750 which equals $126.10 per sq. ft. of living area.  These condos averaged 12 days on market before going under contract and sold for an average of 97% of list price.

About the Banyan House Condos in Stuart FL:

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Banyan House Condos in Stuart FL

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL March 2018 Market Report