Hobe Sound FL 33455 Condo Market Report December 2017

01.25.18 by

Hobe Sound FL 33455 Condo Market Report December 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2017

For December 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 10 active condo listings. (Decreased by 5 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2017

5 Condos are pending and awaiting close. (Down by 1 condo from November)

Hobe Sound FL 33455 Condo Market Report December 2017

4 Condos sold in December. (Up by 1 condos from November)

 Hobe Sound FL 33455 Condo Market Report December 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Unfortunately, a significant drop in inventory for December.  But, good pending and closed volume.

The absorption rate for Hobe Sound condos was 2.5 months for December as compared to 5 months in November). 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 December 2016 numbers were: 11 active listings, 2 pending sales, and 4 closed sales.  Very similar activity from year to year.

Hobe Sound FL 33455 Condo Market Report December 2017

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Hobe Sound Florida Real Estate presented by:
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Hobe Sound FL 33455 Condo Market Report December 2017

Archipelago of Sewalls Point January 2018 Market Report

01.25.18 by

Archipelago of Sewalls Point January 2018 Market Report

For January 2018 there are 2 homes available for purchase in the Archipelago of Sewalls Point.  The list prices are $999,900 and $1,895,000 for an average list price of $1,447,450 or $395.78 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there also have been no sales in the Archipelago of Sewalls Point.

Aerial of the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non-gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes to spectacular estate lots with magnificent views.

 View of the Archipelago of Sewalls Point

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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January 2018 Archipelago Real Estate of Sewalls Point Market Report

Hobe Sound FL 33455 Residential Market Report December 2017

01.24.18 by

Hobe Sound FL 33455 Residential Market Report December 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2017

  For December 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 189 active listings. (Decreased by 6 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

62 Residential sales are pending and awaiting close  (Up by 10 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2017

24 Homes Sold in December (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2017

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice jump in pending sales, though closed sales were off from last month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 7.9 months ( It was 6.1 months in November).  Back into a seller’s market after one month of a balanced 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 December 2016 were:  206 active listings, 57 pending sales, and 40 closed sales.  Considerably stronger closed sales in December 2016 than last month on greater inventory.

Hobe Sound FL 33455 Residential Market Report December 2017

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Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound FL 33455 Residential Market Report December 2017

Canoe Creek Real Estate Market Report January 2018

01.24.18 by

Canoe Creek Real Estate Market Report January 2018

For January 2018 there are 2 homes for sale in Canoe Creek in Palm City.  These homes are listed for sale with prices of $379,000 and $485,000 which is an average list price of $432,000 or $150.24 per sq. ft. of living area.

There are no homes currently under contract in Canoe Creek in Palm City.

In the past 12 months, 5 homes hasve sold in Canoe Creek.  The sales prices ranged from $345,400 up to $437,500 which averages to $391,158 and equals $155.79 per sq. ft. of living area.  These homes went under contract in an average of 82 days after going on market and sold for an average of 98% of list price.

About Canoe Creek Real Estate in Palm City:

Search for Canoe Creek Homes for Sale

Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre.  Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area.  Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Low HOA fees of $150 per quarter make this an easily affordable community in a subdivision that offers privacy with room to spare between homes with individual mostly custom designed and built homes at an affordable price.

Search for Canoe Creek Homes for Sale

Canoe Creek Real Estate Market Report January 2018

Jensen Beach FL 34957 Condo Market Report December 2017

01.23.18 by

Jensen Beach FL 34957 Condo Market Report December 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2017

For December 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 108 active listings. (Increased by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

26 Condo sales are pending and awaiting settlement. (Up by 2 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

16 Condos Sold (Down by 1 condos from November)

Jensen Beach FL 34957 Condo Market Report December 201

 The Jensen Beach FL 34957 Condo Market Report for December had a weaker December than last month with reduced pending and closed sales along with a needed increase in inventory.

The one month absorption rate for the December 2017, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.8 months (from 6.2 months in November), remaining in a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2016 numbers were: 134 active listings, 26 pending sales and 19 condos closed.  Slightly better activity this December than for December 2016 with a reduced number of condos for sale (inventory).

Jensen Beach FL 34957 Condo Market Report December 201

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report December 2017

Monarch Country Club Real Estate Market Report January 2018

01.23.18 by

Monarch Country Club Real Estate Market Report January 2018

There are currently 15 active listings in the Monarch Country Club in Palm City FL.  List prices range from $239,000 up to $479,000 for an average list price of $394,307 which works out to $181.97 per sq. ft. of living area.

There are 4 homes under contract which have not yet closed to date.  List prices were from $309,000 up to $449,000 for an average of $379,250 or $170.96 per sq. ft. of living area.  These homes were on the market for an average of 45 days before going under contract.

In the past year (12 months back), 32 homes have sold in the Monarch Country Club.  Sales prices ranged from a low of $240,000 up to $585,000 for an average sales price of $369,416 which equals $169.86 per sq. ft. of living area.  These homes sold on average at 96% of the last list price and were on the market for an average of 52 days before going under contract.

About the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

entrance to the Monarch Country Club

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage.  For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

clubhouse of the Monarch Country Club

As of January 2018, the HOA fees (not including golf or social) ranged from just under $400 up to $450 a month depending on the size and the section of Monarch the home is located in. All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

swimming pool of the Monarch Country Club

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

tennis courts in the Monarch Country Club

The championship course at Monarch boasts 6,867 yard par 72 with a slope of 133 and a rating of 73.6.  Shorter options exist for all levels of play.  This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

clubhouse at the Monarch Country Club

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club.  The two story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club.  This fine facility is also available for business, social conferences and weddings.  Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Homes in the Monarch Country Club

Currently there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club Real Estate Market Report January 2018

 

Jensen Beach FL 34957 Residential Market Report December 2017

01.22.18 by

Jensen Beach FL 34957 Residential Market Report December 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2017

 For December 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 167 active listings. (Up by 7 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2017

52 Residential sales are pending and awaiting close or lender approval. (Up by 1 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

24 Homes Sold (Down by 4 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2017

The Jensen Beach FL 34957 Residential Market had slightly less activity for the end of 2017 than there was in November.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7.0 months ( was 5.7 months in November).  Going into a slight buyers market for Jensen Beach residential sales for the first time in a while.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2016 numbers were: 183 active listings, 53 pending sales, and 33 home sales closed.  Not as good a market in Jensen Beach to close out 2017 as it was in 2016.
Jensen Beach FL 34957 Residential Market Report December 2017
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Search here for Jensen Beach Real Estate for Sale

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Jensen Beach FL 34957 Residential Market Report December 2017

Leilani Heights Jensen Beach January 2018 Market Report

01.22.18 by

Leilani Heights Jensen Beach January 2018 Market Report

There is currently only 1 active listing in Leilani Heights as of January 2018.  The list price is $199,000 or $167.51 per sq. ft. of living area.

There are 2 homes currently under contract.  List prices for these homes are $238,888 and $269,900 for an average list price of $254,394 which works out to $152.82 per sq. ft. of living area. These homes averaged 53 days on the market before going under contract.

In the past 12 months, 19 homes have sold in Leilani Heights.  Sales prices ranged from $160,000 up to $265,000 with the average sales price being $221,947 which equates to $146.07 per sq. ft. of living area.  The average days on market prior to an accepted offer was 56 days and these sales averaged at 97% of the list price.

About Leilani Heights in jensenBeach FL:

Located so closely to the many exciting and beautiful places in Jensen Beach, Leilani Heights has been a well known family oriented neighborhood for many years. Leilani Heights is within walking distance from the Five Star Jensen Beach Elementary School that has earned an “A” rating for 5 years in a row! The Lelaini Heights neighborhood is also located less than 10 minutes from Jensen Beach High School, a newer facility filled with fantastic teachers and sports programs. If you are a beach lover then you are in luck! Living in Leilani Heights, you are only a few minutes from having your toes in the sand. Want to enjoy downtown Jensen Beach? Then you are only five minutes away! Treasure Coast Square Mall is also just a short ride away! So if you want to be close to the five star schools, beaches, quality restaurants, the mall, family sports and recreation areas then Leilani Heights is your perfect fit.

Leilani Heights real estate in Jensen Beach Leilani Heights real estate in Jensen Beach

Leilani Heights real estate in Jensen Beach Leilani Heights real estate in Jensen Beach

Search for available Leilani Heights homes for sale

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Leilani Heights Jensen Beach January 2018 Market Report

Leilani Heights Jensen Beach January 2018 Market Report

Crane Creek in Martin Downs January 2018 Housing Market Update

01.21.18 by

Crane Creek in Martin Downs January 2018 Housing Market Update

Crane Creek in Martin Downs

As of January 2018, there are 8 homes actively listed in Crane Creek.  List prices range from $399,900 up to $649,000 for an average list price of $506,573 which equals $158.23 per sq. ft. of living area.

There is one Crane Creek home under contract and awaiting settlement, which was listed for $649,500 or $139.14 per sq. ft. of living area.  This home was on the market for 168 days before going under contract.

In the past 12 months, there have been 16 sales in Crane Creek with sales prices ranging from $285,000 up to $645,000 for an average sales price of $446,872 which works out to $153.05 per sq. ft. of living area. The average days on market was 71 with a 95% list to sales price ratio.

About Crane Creek in Palm City:

The coast of Florida on the eastern side offers many wonderful locations. One of the secret attractions is Crane Creek real estate development. This community is found within Palm City. With all the accommodations the Palm City area has to offer it should not be a surprise that a select neighborhood such as Crane Creek real estate properties is a high commodity.

  • An abundance of parks to soak in the outdoors  from a climate that allows for it year round; fields for football, soccer, baseball, softball, lacrosse, tennis and basketball courts, skate rinks and parks, horseshoes, playgrounds, picnic areas, shelters, boat ramps and much more
  • A wide variety of fishing from saltwater to freshwater, surf to pier to deep water, charter, novice, and expert, tournament or hobby
  • An assortment of arts and culture; musicals, plays, movie theaters, miniature golf, pleasure cruises, restaurants, fine art collections, gift shops, festivals, art shows, museums, theme parks
  • A large range of shopping experiences including leading retailers, specialty shops, charming boutiques, malls

Crane Creek in Martin Downs

Crane Creek real estate is situated within Martin Downs Country Club. A gated golf course community, Crane Creek has the finest features needed to make the community as upscale and appealing as possible. However, none of this is forced upon you because membership in the country club is optional.

  • a spectacular clubhouse
  • 2 championship golf courses
  • 12 tennis courts
  • 2 swimming pools
  • a fully equipped fitness center

Crane Creek in Martin Downs

There is also the opportunity to partake in one of the many other conveniences in place at the country club facility.  There is a driving range, chipping area, putting green, practice bunker and rental clubs. The Crane Creek real estate in Martin Downs is made up of marvelous and varied homes with something for everyone. The properties involve a wide selection of architectural style and choices from condominiums to estate homes. The parcels also have as much variation with maintenance free lots and large acreage lots. Within minutes from two of Florida’s major thoroughfares, Florida’s Turnpike and I-95, the location of Crane Creek real estate removes the hassle from commuting. In addition to all of these amenities, recent business dealings in the Crane Creek real estate area may bring one more amenity. There is talk of an equestrian facility being placed on site within Martin Downs Country Club. In this part of Florida, there is fishing, golf, and horses. An equestrian facility would bring horse shows and an increase in revenue for locally owned businesses. Come take a look at all of the extras and all of the expected in this community. Furthermore, contact us today so we can put our knowledgeable and professional expertise to work for you as you look into becoming part of the Crane Creek real estate undertaking.
Crane Creek in Martin Downs

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Crane Creek Homes for Sale

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Crane Creek in Martin Downs January 2018 Housing Market Update

Portofino Condos at Jensen Beach January 2018 Market Report

01.20.18 by

Portofino Condos at Jensen Beach January 2018 Market Report

As of January 2018, there are 5 condos available for sale in Portofino.  List prices range from $109,500 up to $149,000 which averages to $124,600 or $147.51 per sq. ft. of living area.

There are no condos under contract at this time.

In the past 12 months, 11 condos have sold in Portofino, ranging in sales price from $93,500 up to $164,500 for an average sales price of $121,682 which equals a price per sq. ft. of $126.67.  The average days on market was only 29 and the average list to sales price ratio was 95%.

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach January 2018 Market Report

Portofino of Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

 

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

 

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach January 2018 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino at Jensen Beach

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom, and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino of Jensen Beach you will feel like you are on vacation year round!

Portofino Condos at Jensen Beach January 2018 Market Report

Portofino Condos at Jensen Beach January 2018 Market ReportThe Condo Owners Association fees range from $209 to $330 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

Portofino Condos at Jensen Beach January 2018 Market Report

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

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Portofino Condos at Jensen Beach January 2018 Market Report

Palm City FL 34990 Condo Market Report December 2017

01.19.18 by

Palm City FL 34990 Condo Market Report December 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2017

For December 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 101 active condo listings. (Increased by 16 condos from November)

   Palm City FL 34990 Condo Market Report December 2017

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

Palm City FL 34990 Condo Market Report December 2017

10 Condos Sold in December. (Up by 6 condos from November)

Palm City FL 34990 Condo Market Report December 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For December the market activity increased from last month in all categories for Palm City condos.

The current absorption rate for condos in the 34990 zip code area dropped to 10.1 months (was 21.25 months in July).  Still a buyer’s market for Palm City condominiums but trending in the right direction.  A balanced market is considered to be an absorption rate of around 6 to 7 months. (A good percentage of the difficult buyer’s market is a result of two equity golf club communities which are having some difficulty with the volume of sales.)
The December 2016 numbers were: 86 active listings, 8 pending sales and 4 closed sales.   Better activity for this year with a higher inventory of available condos for sale.
Palm City FL 34990 Condo Market Report December 2017
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Stuart Florida Real Estate presented by:
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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report December 2017

Pinecrest Lakes January 2018 Market Report

01.19.18 by

Pinecrest Lakes January 2018 Market Report

There are 9 homes for sale in the Pinecrest Lakes community of Jensen Beach FL as of January 2018.  Listing prices range from $389,000 to $519,000 for an average list price of $454,089 which equates to an average of $193.85 per sq. ft. of living area.

There is 1 home under contract and awaiting closing. The list prices of this home was $449,000 which is $231.32 per sq. ft. of living area.  This home was on the market for 134 days before going under contract.

In the past 12 months, 26 homes have sold in Pinecrest Lakes with sales prices ranging from $325,000 up to $555,000 or an average sales price of $438,301 which is $171.48 per sq. ft. of living area.  These sales averaged 93 days on market and sold at 96% of list price.

About Pinecrest Lakes in Jensen Beach:

Pinecrest Lakes Homes for Sale

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes Homes for Sale

 

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

 

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

 

Pinecrest Lakes January 2018 Market Report

Palm City FL 34990 Residential Market Report December 2017

01.18.18 by

Palm City FL 34990 Residential Market Report December 2017

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2017

For December 2017 in the 34990 Zip Code area of Palm City Florida :

 There are currently 381 active listings (Increased by 15 homes from November)

Palm City FL 34990 Residential Market Report December 2017

96 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from last month)

Palm City FL 34990 Residential Market Report December 2017

66 Homes Sold in November (Up by 2 home from November)

Palm City FL 34990 Residential Market Report December 2017

The Palm City FL, zip code 34990 residential real estate market had a small increase in closed sales when compared to last month.  Inventory was up while pending sales were down.
The monthly absorption rate inched up to 5.8 months from 5.7 months in November.  Still a seller’s market for the Palm City zip code 34990 area for residential sales but inching closer to 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 December 2016 numbers were:  414 active listings, 92 pending sales, and 65 closed sales.  Very similar activity when compared to last year though with s maller number of available homes for sale in 2017.

Palm City FL 34990 Residential Market Report December 2017

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 December 2017

Lake Tuscany January 2018 Market Report

01.18.18 by

Lake Tuscany January 2018 Market Report

As of January 2018, there are 3  homes available for sale in Lake Tuscany in Stuart FLwith listing prices from $399,500 up to $488,950 for an average list price of $437,813 which is aa average price per square foot of living area of $155.93.

There are no homes currently under contract.

In the past 12 months, 5 homes have sold in Lake Tuscany ranging in sales price from $365,000 up to $468,500 for an average sales price of $414,100 which equals $116.76 per sq. ft. of living area.  These homes took an average of 141 days on market to go under contract and sold at 96% of list price.

About Lake Tuscany:

Lake Tuscany real estate Stuart FL

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

 Lake Tuscany real estate Stuart FL

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL January 2018 , please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lake Tuscany January 2018 Market Report

 

Stuart FL 34997 Condo Market Report December 2017

01.17.18 by

Stuart FL 34997 Condo Market Report December 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2017

For December 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 57 active condo listings (Unchanged from November).

17 Condo sales are pending and awaiting close or lender approval (Unchanged from November).

19 Condos Sold in December (Increased by 9 condos from November).

Stuart FL 34997 Condo Market Report December 2017

      The Stuart FL condo market for zip code 34997 continues with very strong activity even though the inventory is now down which may be reflected in the lower pending sale numbers.

     The absorption rate decreased to 3.0 months in December compared to 4.9 months for November.  More of an extreme 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 December 2016 numbers were: 83 active listings, 29 pending sales, and 11 closed sales.  Better closed volume, but less pensingsales on a reduced inventory for December 2017.

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report December 2017

 

 

Osprey Cove in Hobe Sound January 2018 Market Report

01.17.18 by

Osprey Cove in Hobe Sound January 2018 Market Report

There is currently 5 homes for sale in Osprey Cove in Hobe Sound, FL.  The list prices range from $560,000 up to $1,000,000 for an average list price of $736,800 or $225.13 per sq. ft. of living area.

There are is one home that is under contract and pending.  This home was listed for $644,000 which is $227.16 per sq. ft. of living area. This home was on the market for 28 days prior to going under contract.

In the past 12 months, 8 homes have sold in Osprey Cove with sales prices ranging from $575,000 up to $755,000 for an average sale price of $658,125 or $218.81 per sq. ft. of living area. These sales averaged 135 days on the market and sales prices averaged 97% of list price.

About Osprey Cove in Hobe Sound:

Osprey Cove in Hobe Sound

Clubhouse

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida.  It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway.  There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006.   Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area.  There’s also a community pool and tennis court available to all residents.

Osprey Cove in Hobe SoundFor boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County.  All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

Osprey Cove in Hobe Sound

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school.  There are also a number of excellent private schools located nearby, including the Pine School.

Osprey Cove in Hobe Sound

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

Osprey Cove in Hobe Sound January 2018 Market Report

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

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

Osprey Cove in Hobe Sound January 2018 Market Report

Stuart FL 34997 Residential Market Report December 2017

01.16.18 by

Stuart FL 34997 Residential Market Report December 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2017

For December 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 275 active listings (Decreased by 10 homes from November).

Stuart FL 34997 Residential Market Report December 2017

121 Residential sales are pending and awaiting close or lender approval (Decreased by 17 homes from November).

Stuart FL 34997 Residential Market Report December 2017

81 Homes Sold in December (Increased by 11 homes from November)

Stuart FL 34997 Residential Market Report December 2017

      The Stuart Florida Residential Market for ZIP Code 34997 continues as one of the most active segments of the Martin County Florida real estate market.
     The absorption rate inched down to 3.4 months (was 4.1 months for November).  Becoming a very extreme seller’s market for the 34997 zip code area of Stuart for December 2017.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for December, were: 334 active listings, 120 pending listings, and 69 closed sales.  A much stroger market for sales this year on a smaller number of available homes for sale (inventory).
Stuart FL 34997 Residential Market Report December 2017

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 December 2017

 

Stuart FL 34996 Condo Market Report December 2017

01.15.18 by

Stuart FL 34996 Condo Market Report December 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2017

For December 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 134 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report December 2017

35 Condo sales are pending and awaiting close or lender approval (Also unchanged from November).

Stuart FL 34996 Condo Market Report December 2017

20 Condos Sold in December (Up by 5 condos from November) 

Stuart FL 34996 Condo Market Report December 2017

The Stuart FL 34996 Condo Market of Stuart continues with improved sales volume for the last month of the 2017.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 6.7 months from November’s 8.9 months.  Drifting back into a balanced 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 December 2016 were: 153 active listings, 35 pending sales and 20 closed sales.  Identical sales volume as last year on a reduced number of available condos for sale (inventory).

Stuart FL 34996 Condo Market Report December 2017

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

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report December 2017

New Price for One Acre in Rocky Point

01.15.18 by

New Price for One Acre in Rocky Point

This great parcel is now available for $172,000.  Perfect spot for a dream home or two with no HOA restrictions.

Rocky Point Vacant Land for Sale

An exciting opportunity for those looking to build their dream home close to town yet still with lots of room on this 1 acre lot in Rocky Point.  There is the potential for views of the Miles Grant Golf Course which lies adjacent to the east side of this lot.  There is also an active flowing brook just outside the south boundary of this vacant parcel.  There is no HOA, so only need to comply with County restrictions to build your dream compound that is close to town, restaurants and the many wonderful amenities offered in the Stuart FL area.

Rocky Point Vacant Land for Sale Rocky Point Vacant Land for Sale

This lot is .98 Acres with 100′ frontage and 428′ depth.  For more information call Gabe Sanders at 772-323-6996

Rocky Point Vacant Land for Sale Rocky Point Vacant Land for Sale

Click here to search for all Rocky Point Vacant Land available for sale

Click here to search for all Rocky Point homes available for sale

Stuart Florida real estate from Gabe Sanders – Real Estate of Florida

Tradewinds on Hutchinson Island January 2018 Market Report

01.14.18 by

Tradewinds on Hutchinson Island January 2018 Market Report

As of January 2018 there is 1 townhouse for sale in Tradewinds on Hutchinson Island in Jensen Beach FL.  The list price for this townhouse is $395,000 or $206.16 per sq. ft. of living area.

There are no townhouses currently under contract.

In the past 12 months, 3 homes have sold.  The sales prices ranged from $372,000 up to $380,000 for an average sales price of  $377,000 which equals $196.52 per sq. ft. of living area.  These townhomes averaged 133 days on the market before going under contract. The sales prices averaged 99% of list price.

About Tradewinds in Jensen Beach:

Tradewinds on Hutchinson Island in Jensen Beach

Located west of A-1-A  (Ocean Drive) on Hutchinson Island in Jensen Beach (Saint Lucie County) and just approximately 3 miles north of the Jensen Beach Causeway is this unique townhome community by the name of Tradewinds.

Tradewinds on Hutchinson Island in Jensen Beach Tradewinds on Hutchinson Island in Jensen Beach

There are a total of 14 townhomes in Tradewinds.  Two large Spanish Med style units on the north end were completed in 2009 while the other 10 are in a Key West style and were completed between 2012 and 2014.

The older units are quite large with over 3,500 sq. ft. of living space on two and three levels and numerous bedrooms and bathrooms and garages.  The newer units are all 3 bedroom, 2 and ½ bathroom homes with approximately 2,300 sq. ft. of living area with reserved parking.  There is one end unit that has a detached garage.

Tradewinds on Hutchinson Island in Jensen Beach Tradewinds on Hutchinson Island in Jensen Beach

All ages are welcome and up to two large pets are OK.  Rentals are also permitted with some restrictions.

These townhomes are deeded as condos so the monthly fee of $400 (as of January 2018) includes maintenance and insurance for all structures and common areas.  There is a community pool as well as a community pier with deeded docks on the Indian River (Intracoastal Waterway).  Residents of these townhomes have the ability to go fishing on the Intracoastal from their boat or right from the dock, or simply just walk across the street to enjoy the crystal clear waters of the Atlantic Ocean.

Tradewinds on Hutchinson Island in Jensen Beach Tradewinds on Hutchinson Island in Jensen Beach

Because of the limited number of residences in the Tradewinds, these don’t come on the market very often, so please contact me for a listing alert for any new townhomes that come on the market in the Tradewinds.