River Forest November 2017 Market Report

11.05.17 by

River Forest November 2017 Market Report

As of November 2017, there are 2 homes for sale in River Forest.  List prices are$250,000 and $339,750 for an average list price of $294,875 which equates to $175.17 per sq. ft. of living area.

There are no homes currently under contract awaiting settlement.

In the past 12 months, 10 homes have sold in River Forest.  Sales prices ranged from $254,500 up to $290,000 for an average sales price of $268,040 which equals $152.03 per sq. ft. of living area.  Sales averaged at 98% of list price and the average time on market before going under contract was only 28 days.

About River Forest in Stuart FL:

River Forest Club House, Stuart, Florida

River Forest Club House, Stuart, Florida

Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-built family homes. The community features a clubhouse, pool, playground and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River. River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

River Forest Community Pool in Stuart, Florida

River Forest Community Pool in Stuart, Florida

River Forest Home Owners Association

River Forest Boating in Stuart, Florida

River Forest Boating in Stuart, Florida

Search for All River Forest Homes for Sale

River Forest November 2017 Market Report

River Landing November 2017 Market Report Palm City FL

11.04.17 by

River Landing November 2017 Market Report Palm City FL

As of November 2017, there are two homes currently on the market in River Landing. List prices are $429,900 and $459,000. This makes for an average asking price of $444,450 which equals $173.33 per sq. ft. of living area.

There are no homes currently under contract and awaiting settlement.

In the past 12 months, 5 homes have sold in River Landing.  Sales prices ranged from $265,000 up to $450,000.  The average sales price equaled $361,100 which works out to $142.37 per sq. ft. of living area. These homes sold for an average of 97% of the last list price and took an average of 57 days on market until going under contract. 

About River Landing in Palm City FL:

Entrance to River Landing in Palm City Florida
One of the little-known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing, the last one was built in 2007.  Both one and two story homes on generous sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air conditioned space.  Low HOA fees of $142 per month include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts, and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older homes, and most have yards with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment, and fantastic local restaurants!

Search here for:

River Landing Homes for Sale in Palm City Florida

River Landing November 2017 Market Report Palm City FL

St Lucie County Townhouses and Condos September 2017 Market Report

11.03.17 by

St Lucie County Townhouses and Condos September 2017 Market Report

The St Lucie County Townhouses and Condos Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.   Closed sales were down by 14.7% from last year (was down by 7.3% in August) while new pending sales were down by 19.1% for September (was up by 15.8% in August).

Values were mixed with the median price unchanged from last year (was up by 17.2% in August) while the average sales price increased by 6.1% (was up by 7.7% in August).  Continuing a fairly steady rise in values.

The inventory of available townhouses and condos decreased by 7 unit from last month to 434 units, which is 14.4% less than September 2016. The current supply is 4.5 months, which is 11.8% less than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market. 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 September 2017 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos September 2017 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 September 2017 Market Report

Conquistador Homes and Condos Market Report November 2017

11.03.17 by

Conquistador Homes and Condos Market Report November 2017

Homes:  There are 2 homes currently on the market in Conquistador Estates.  These homes are listed for $270,000 and $329,900 which averages to $299,950 or $186.14 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, there have been 4 sales in Conquistador Estates.  Sales prices ranged from $201,000 up to $290,000 for an average sales price of $237,750 which equals $$142.41 per sq. ft. of living area.  These homes were on the market for an average of 270 days prior to going under contract and sold for 94% of the listed price.

Condos:  There are currently 6 condos for sale in Conquistador.  Listing prices range from $107,900 up to $158,000.  The average list price is $128,098 which equals $118.33 per sq. ft. of living area.

2 Condos are under contract awaiting settlement.  List prices were $139,900 and $149,900 for an average of $144,900 which works out to $132.14 per sq. ft. of living area.  These condos were on the market for an average of 11 days prior to going under contract.

In the past 12 months, 20 condos have sold in Conquistador.  Sales prices ranged from $92,000 to $180,000.  The average sales price was $129,053 which equals $118.36 per sq. ft. of living area. These sales averaged a 94% list to sales ratio as well as going under contract in an average of 87 days after being listed.

About Conquistador Homes and Condos in Stuart FL:

Conquistador homes and condos are in the the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single family homes (the estates section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main club house pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Homes in Conquistador

Search for available Condos in Conquistador

 For any questions you November have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Conquistador Homes and Condos Market Report November 2017

St Lucie County Single Family Homes September 2017 Market Report

11.02.17 by

St Lucie County Single Family Homes September 2017 Market Report

St Lucie County Single Family Homes Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September. Closed sales were down by 13.6% (in August they were down by 6.2%) and new sales under contract (new pending sales) decreased by 30.2% (they were up by 13.4% last month).

Prices continued to rise.  The median and average sales prices up by 11.4% and 12.5% respectively from last September (For August these numbers were up 10.8% and 8.6%).  The continued rate of price increases is beginning to have a major impact on affordability in St Lucie County.

Active listings decreased by 27 homes down to 1,565 homes.  This inventory is 5.8% lower than last year.  The current supply of homes is 3.5 months (was also 3.5 months for August) compared to 3.7 months for last year.  This is unchanged from 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 September 2017 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes September 2017 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 September 2017 Market Report

Ocean Access Waterfront Land New Price

11.02.17 by

Ocean Access Waterfront Land New Price

1033 SE Mitchell Ave., ocean access waterfront land in the Sandpiper-Club Med area of Port St. Lucie has a new price of $905,000.

A unique opportunity to purchase a 2.6 (+/-) acre waterfront parcel in the Sandpiper area of Port St. Lucie.  This vacant lot has gorgeous wide water views of Kiching Cove off the North Fork of the Saint Lucie River. Over 400 feet of ocean access water frontage and an existing dock (in need of repair) that can handle large yachts and the option to rebuild the old boat house exists.  There are many mature moss-filled oak trees and sable palms on the property as well as the remains of an older CBS home. This large parcel is suitable for a grand estate or there’s a potential to subdivide into numerous parcels. (Check with the City for details.)  Located close to the Club Med resort and only a short distance from shopping, restaurants and medical facilities along the US-1 corridor.  This is truly a breathtaking and one of a kind property that does not come available for purchase very often.

Ocean access waterfront land Ocean access waterfront land

View more pictures and information here

Ocean access waterfront land Ocean access waterfront land

Search here for all waterfront land

Presented by Gabe Sanders
Stuart Florida Real Estate
772-888-2885

Ocean Access Waterfront Land New Price

Martin County Townhouses and Condos September 2017 Market Report

11.01.17 by

Martin County Townhouses and Condos September 2017 Market Report

Martin County Townhouses and Condos Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.   Closed sales for the month were down by 17.8% (were up by 36.7% in August) while new sales under contract (new pending sales) were down by 30.1% from September 2016 (increased by 22.1% in August).

Prices, however, were up for September as the median sales price increased by 6.1% (was down by 5.1% in August) while the average sales price increased by 18.9% (was up by 10.6% in August) as compared to September of 2016.  Improved results from last month as well as last year.

The inventory of available townhouses and condos decreased by 4 units to 347 properties as compared to last month.  This is 3.6% less than the September 2016 inventory.  Currently, there’s a 3.7 month supply of inventory (unchanged from last year which was also 3.7 months).  Still a 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 Single Family Homes September 2017 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos September 2017 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 September 2017 Market Report

Beau Rivage October 2017 Market Report

11.01.17 by

Beau Rivage October 2017 Market Report

For October 2017, there are 3 homes for sale in Beau Rivage.  List prices range from $269,900 up to $449,900 for an average list price of $332,100 or $193.91 per sq. ft. of living area.

There are no homes currently under contract in Beau Rivage.

In the past 12 months, 6 homes have sold in Beau Rivage.  Sales prices ranged from $181,500 up to $1,150,000.  The average sales price was $506,917 which equaled $206.35 per sq. ft. of living area.  These homes averaged 116 days on market before going under contract and sold for an average of 96% of the last list price.

About Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates in Stuart FL

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms. Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary school, and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Search for Beau Rivage Homes for Sale

Martin County Single Family Homes September 2017 Market Report

10.31.17 by

Martin County Single Family Homes September 2017 Market Report

The Martin County Single Family Homes Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 20.3% (was up by 30% in August).  While new pending sales decreased by 40.5% as compared to September of 2016 (Decreased by 14.5% in August).

Prices continued to rise with the median sales price up by 12.1% from last year (up by 17.4% in August) while the average price increased by 3.6% (was up by 23.3% last month).

The inventory of available single family homes decreased from last month by 55 homes to 968 units for September,  this is  0.3% less than last September.  The current supply of homes is 4.7 months, for September of last year it was also 4.9 months supply.  Still 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 September 2017 Market Report

Click here to view or download the full report:
Martin County Single Family Homes September 2017 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 September 2017 Market Report

Beacon 21 Jensen Beach October 2017 Market Report

10.31.17 by

Beacon 21 Jensen Beach October 2017 Market Report

There are currently 6 condos for sale in Beacon 21 in Jensen Beach FL.  These condos have listing prices from $84,900 to $135,000 for an average list price of $101,617 which equals $95.09 per sq. ft. of living area.

7 Condos are currently under contract.  These condos had list prices from $69,900 up to $169,900 for an average list price of $101,357 or $84.76 per sq. ft. of living area.  These condos averaged 83 days on the market before going under contract.

In the past 12 months, 26 condos have sold in Beacon 21.  Sales prices ranged from $82,500 up to $157,500 for an average sales price of $103,405 which works out to $94.66 per sq. ft. of living area.  These condos averaged 67 days on the market before going under contract and sold for an average of 94% of the last listed price.

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 Townhouses and Condos September 2017 Market Report

10.30.17 by

Florida Townhouses and Condos September 2017 Market Report

The Florida Townhouses and Condos Market Report for September 2017 showed weaker activity from last year. This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.   Closed sales were down by 15.9% as compared to last month’s increase of 2.6% and new sales under contract (new pending sales) decreased by 32.7% (In August there was a 8.1% increase).

Prices continue to go up.  Median sales prices were up by 8.1% (was up by 6.3% in August), while the average sales price increased by 7.9% (was up 5.5% in August).

The inventory of active listings decreased by 3.8% from September of last year.  For September 2017 we have 5.5 months of inventory (was 5.4 months in August) and compared to 5.7 months for September 2016.  We remain in a slight 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.

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 September 2017 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 September 2017 Market Report

Montego Cove October 2017 Market Report

10.30.17 by

Montego Cove October 2017 Market Report

There are 4 condos for sale in Montego Cove in Stuart FL for October 2017.  List prices range from $189,500 up to $259,000 for an average list price of $219,239 which works out to $140.19 per sq. ft. of living area.

There are 3 condos under contract awaiting the finalization of the sale.  The list prices ranged from $175,000 up to $219,500 for an average list price of $194,500 which equals $129.15 per sq. ft. of living area. These condos were on the market for an average of 42 days before going under contract.

In the past 12 months, 14 condos have sold in Montego Cove.  Sales prices ranged from $150,000 up to $222,000 for an average sales price of $185,429 which equals $118.93 per sq. ft. of living area.  These condos averaged 67 days on market before accepting the final offer and sold for an average of 94% of the last listed price.

About the Montego Cove Condos in Stuart FL

Montego Cove Condos in Stuart FL

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total 182 units that are mostly 2 bedroom, 2 bathroom condos and a few 3 bedroom ones and one 1 bedroom condo.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove Condos in Stuart FL

This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard and a clubhouse. This is a 55 and over age-restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Montego Cove Condos in Stuart FL

There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove Condos in Stuart FL

An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities, as well as professional services, are also only a short distance away.

Montego Cove Condos in Stuart FL

As of October 2017, the Condo fee is $410 per month.  This includes the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos for sale

Gabe’s November 2017 House Calls Newsletter

10.29.17 by

Gabe’s November 2017 House Calls Newsletter

Click on the image below to view or download my November 2017 HouseCalls Newsletter:

 Gabe's November 2017 House Calls Newsletter

Click here to download the full PDF of our August 2017 HouseCalls Newsletter

You can see all the past issues here:

HouseCalls Archive

Search here for Stuart Florida Real estate

Gabe’s November 2017 HouseCalls Newsletter

Canopy Creek October 2017 Market Report

10.29.17 by

Canopy Creek October 2017 Market Report

There is currently 1 home for sale in Canopy Creek in Palm City.  This is a new construction home from Kolter Homes.  The list price is $842,380 or $202.35 per sq. ft. of living area.

There are two homes currently under contract in Canopy Creek.  List prices were $624,900 and $815,585 for an average list price of $767,875 which works out to $208.11 per sq. ft. of living area.

In the past 12 months, 7 Canopy Creek homes have sold.  Sales prices ranged from $624,900 up to $943,925 for an average sales price of $724,799 which is $210.97 per sq. ft. of living area.  These homes averaged 114 days on market prior to going under contract and the sales prices averaged 100% of the list price.

About Canopy Creek in Palm City FL:

Canopy Creek Clubhouse

Canopy Creek in Palm City is a beautiful community for those seeking new construction homes with plenty of room for privacy.  With just 300 homes on 700 acres of preserves and wetlands this community affords luxury living without the crowds of urban areas.  Each estate home in this Eco-friendly community is on a minimum of a half-acre lot and all offer peaceful views of protected Florida preserves.

Canopy Creek in Palm City FL

Canopy Creek will be a gated private community with easy access to I-95 or the Florida Turnpike. Minutes from the famous Treasure Coast beaches of Florida, the area also offers fabulous shopping and dining in beautiful Stuart, Florida and one of the finest public school systems in Florida. Canopy Creek is your best choice for new homes in Palm City, Florida.

Canopy Creek in Palm City FL

Canopy Creek in Palm City FL

New homes range in size from just over 3,000 sq. ft. of living area to 4,100 sq. ft. with prices starting from the low $600,000’s.  Clients of the BlueWater Realty Team may qualify for some special promotional discounts.  Please call us for details.

Canopy Creek October 2017 Market Report

Island Village Hutchinson Island October 2017 Market Report

10.28.17 by

Island Village Hutchinson Island October 2017 Market Report

There are currently no townhomes for sale in the Island Village community of Hutchinson Island.

At this time, there are also no properties under contract.

10 townhomes have sold in the past 12 months.  Sales price ranged from $127,000 to $180,000 with the average sales price of $145,600 which works out to $112.91 per sq. ft. of living area.  These homes were on the market for an average of 73 days prior to going under contract and sold at an average of 95% of list price.

About Island Village on Hutchinson Island FL:

Island Village Townhouses on Hutchinson Island

Island Village in Jensen Beach on Hutchinson Island is a townhouse community that was developed between 1981 and 1983.  Located on a huge preserve area on the west side of Highway A-1-A  with deeded ocean access just across the street. Island Village was created in two different phases, with phase I offering 28 quad style townhouses that offer 2 bedrooms, 2 and ½ baths and 1,328 sq. ft. of living area.  While phase II consists of 96 units of 1,270 sq. ft. with 2 bedrooms and 1 and ½ baths, in buildings with various sized units.

Island Village Townhouses on Hutchinson Island

As of September 2017, the HOA fees (which include insurance as in condo communities) are $360 per month for phase I (quad style) and $330 per month for phase II (row style).  These fees include Cable, Fire/Liability Insur, Grounds / Plants, Maintenance Exterior, Maintenance Interior, Manager, Recreational Facility, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

This community is pet-friendly and allows up to two small pets per unit.  Rentals are also permitted with a minimum duration restriction.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

Amenities include a heated pool, two tennis courts, and common areas as well as a deeded beach access area.

Click here for the currently available Island Village Townhouses for sale

palm pointe

Island Village Hutchinson Island October 2017 Market Report

Florida Single Family Homes September 2017 Market Report

10.27.17 by

Florida Single Family Homes September 2017 Market Report

The Florida Single Family Homes Market Report for September 2017 showed weaker activity from last year.  This decrease can most likely be attributed to Hurricane Irma which shut things down for a couple of weeks in September.  Closed sales were down by 20.4% (were up by 0.9% in August) and new sales under contract (new pending sales) were down by 30.2% (were up by 2.2% in August).

Both the median and average sales prices continued to rise when compared to last year.  Up by 7.6% and 5.9% respectively, compared to August’s 6.7% and 7.7%.

The inventory of available homes for sale fell by 6.1% from last year.  For September there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (September of 2016 had a 4.1 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 is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes September 2017 Market Report

Click here to view or download the full report:

Florida Single Family Homes September 2017 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 September 2017 Market Report

Admiral Condos October 2017 Market Report

10.27.17 by

Admiral Condos October 2017 Market Report

As of October 2017, there are no condos available to purchase in the Admiral on Hutchinson Island in Jensen Beach FL.

There is 1 condo currently under contract.  This condo had a list price of $349,000 or $253.45 per sq. ft. of living area.  This condo went under contract 17 days after it was listed.

In the past 12 months, 7 condos have sold in the Admiral.  Sales prices ranged from $265,000 up to $459,000 for an average sales price of $360,143 which equals $247.10 per sq. ft. of living area.  These condos went under contract in an average of 65 days and sold for an average of 95% of the listed price.

About the Admiral Condominium at Island Dunes

The Admiral Condominiums at Island Dunes on Hutchinson Island in Jensen Beach FL is a high rise building with 104 condos that was built in 1983.  Residents of the Admiral belong to the Island Dunes Country Club which offers a challenging nine hole golf course golf course on the on the banks of the wide Indian River, a championship tennis club , a pro shop, a deep-water marina and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.

The Admiral Condominium at Island Dunes

Condos in the Admiral range from 3 bedroom, 3 bathroom units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedroom, 2 bathroom condos with 1,377 sq. ft.  The current condo association fees are $800 a month for a 2 bedroom condo.  These fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

All units have wonderful ocean views while many also have sweeping views of the Intracoastal (Indian River) as well as the Island Dunes golf course.  There’s also a private beach access as well as barbecue facilities.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

Wonderful amenities are included such as a full first floor common area with kitchen and space for parties, a game room, fitness center and sauna.  The Admiral is a pet free building. Rentals are allowed with restrictions.

The Admiral Condominium at Island Dunes

For those wishing to experience true resort style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.

Click on this link for the currently available Admiral Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Atlantis – Claridge – Dune Walk – Empress – Island Club –  Island Crest – 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

Admiral Condos October 2017 Market Report

Lost River Plantation October 2017 Market Report

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Lost River Plantation October 2017 Market Report

As of October 2017, there are 7 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $524,900 up to $750,000 for an average price of  $647,814 which equals $222.52 per sq. ft. of living area.

There is 1 home currently under contract in the Lost River Plantation Community.  This home was listed for $565,000 or $244.48 per sq. ft. of living area. This home was listed for 19 days prior to going under contract.

In the past 12 months, there have been 8 sales ranging in sales prices from $535,000 to $819,000 for an average sales price of $669,750 which works out to $225.72 per sq. ft. of living area.  Sales prices averaged 97% of the last list price and these homes were on the market for an average of 123 days prior to accepting these offers.

 About Lost River Plantation in Stuart FL:

Lost River Plantation October 2017 Market Report

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.

Lost River Plantation October 2017 Market ReportLost River Plantation October 2017 Market Report

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 pints 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!

Lost River Plantation October 2017 Market ReportLost River Plantation October 2017 Market Report

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Stuart Florida Real Estate is presented by:
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Lost River Plantation October 2017 Market Report

 

Hobe Sound FL 33455 Condo Market Report September 2017

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Hobe Sound FL 33455 Condo Market Report September 2017

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

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

There are currently 17 active condo listings. (Increased by 2 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2017

3 Condos are pending and awaiting close. (Down by 1 condo from August)

Hobe Sound FL 33455 Condo Market Report September 2017

1 Condos sold in September. (Decreased by 5 condos from August)

 Hobe Sound FL 33455 Condo Market Report September 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is growing, but unfortunately, sales activity was weak for this month.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The absorption rate for Hobe Sound condos was 17 months for September as compared to 5 months in August). 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 September 2016 numbers were: 5 active listings, 3 pending sales, and 3 closed sales.  Better overall activity last year when compared to this year.

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound FL 33455 Residential Market Report September 2017

10.25.17 by

Hobe Sound FL 33455 Residential Market Report September 2017

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

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

There are currently 177 active listings. (Increased by 4 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

57 Residential sales are pending and awaiting close  (Down by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

28 Homes Sold in September (Down by 24 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed somewhat weaker activity for September.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.3 months ( It was 3.3 months in August).  Back into a balanced market after a brief month 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 September 2016 were:  193 active listings, 64 pending sales, and 47 closed sales.  Better activity for 2016 on slightly higher inventory levels.

Hobe Sound FL 33455 Residential Market Report September 2017

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 September 2017