Stuart FL 34997 Condo Market Report August 2017

09.21.17 by Gabe Sanders

Stuart FL 34997 Condo Market Report August 2017

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

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

There are currently 44 active condo listings (Decreased by 17 condos from July).

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

Stuart FL 34997 Condo Market Report August 2017

17 Condos Sold in August (Decreased by 8 condos from July).

Stuart FL 34997 Condo Market Report August 2017

The Stuart FL condo market for zip code 34997 continues to show very strong activity but also shows a troubling decrease in available condos for sale.

The absorption rate inched down to 2.6 months in August compared to 2.4 months for July. Still in a very strong sellers’ market for the 34997 zip code of Stuart FL. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The August 2016 numbers were: 65 active listings, 28 pending sales, and 12 closed sales. Better closed sales this year but a decrease in inventory and pending sales.

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

Stuart FL 34997 Residential Market Report August 2017

09.20.17 by Gabe Sanders

Stuart FL 34997 Residential Market Report August 2017

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

There are currently 291 active listings (Decreased by 1 homes from July).

141 Residential sales are pending and awaiting close or lender approval (Decreased by 39 homes from July).

86 Homes Sold in August (Increased by 2 homes from July)

The Stuart Florida Residential Market for ZIP Code 34997 continues with very active closed sales activity, but also had a large drop in pending sales for August.

The absorption rate inched down to 3.4 months (was 3.5 months for July). Continuing as a strong sellers’ market for the 34997 zip code area of Stuart for August 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 August, were: 297 active listings, 146 pending listings and 78 closed sales. Very similar activity when compared to last year.

Stuart FL 34997 Residential Market Report August 2017

Search here for 34997 Zip Code of Stuart FL real estate for sale

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Stuart FL 34997 Residential Market Report August 2017

Kiching Cove Waterfront Acreage Reduced

09.20.17 by Gabe Sanders

Kiching Cove Waterfront Acreage Reduced

1033 SE Mitchell Ave in the Sandpiper-Club Med area of Port St. Lucie has a new price of $920,000.

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.

View more pictures and information here

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Kiching Cove Waterfront Acreage Reduced

Stuart FL 34996 Condo Market Report August 2017

09.19.17 by Gabe Sanders

Stuart FL 34996 Condo Market Report August 2017

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

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

There are currently 107 active condo listings (Decreased by 15 condos from last month).

39 Condo sales are pending and awaiting close or lender approval (Decreased by 4 condos from July).

28 Condos Sold in August (Up by 7 condos from July)

The Stuart FL 34996 Condo Market of Stuart showed surprisingly stronger activity for August of 2017.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.8 months from July’s 5.8 months. A stronger sellers’ market for this segment of Martin County condos. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for August 2016 were: 120 active listings, 33 pending sales and 16 closed sales. Stronger activity for this year when compared to August of 2016.

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Stuart FL 34996 Condo Market Report August 2017

Southwood Real Estate Market Report September 2017

09.19.17 by Gabe Sanders

Southwood Real Estate Market Report September 2017

For September 2017 there is only 1 home for sale in the Southwood community of Stuart, FL. This home is priced for $449,900 which equals $203.02 per sq. ft. of living area.

There are 3 homes under contract. These homes were listed with prices from $350,000 up to $419,000 for an average list price of $380,333 or $193.78 per sq. ft. of living area. These homes averaged 23 days on the market before going under contract.

In the past 12 months, 9 homes have sold in the Southwood subdivision of Stuart. The sales prices ranged from $312,500 up to $425,000 for an average sales price of $359,833 which works out to $167.57 per sq. ft. of living area. These homes went under contract in an average of 90 days and sold for 97% of the last list price.

About Southwood in Stuart, FL:

Southwood is a small community of 115 home sites located just south east of Salerno Rd on Kanner Highway in Stuart FL. This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95. It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd and also just minutes to Martin Memorial South Hospital. Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.

Children in Southwood attend Pinewood Elementary, David L. Anderson Middle and Martin County High Schools. All great schools. Click on the above links for more information about each school.

One enters the Southwood subdivision through a long private drive. Currently this community is not gated, yet offers the utmost in privacy and safety. The homes were built from 1990 to 2001 and are all individual styles from various builders. This is not a cookie cutter community. Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area of to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.

There are a number of ponds and creeks throughout Southwood and this community is mostly surrounded by either preserve lands or acreage. There is no community pool or clubhouse so the HOA fees are a very reasonable $285 a quarter as of this writing and include trash and basic cable TV. Though there are some magnificent nature trails through thepreserve areas.

Southwood is a gem of a neighborhood and is little known to many Martin County residents. There is very low turnover in this community so, if you’re interested let us know and we can put you on a listing alert notification for this community.

Click here to see if any Southwood Homes are currently available

Southwood September 2017 Market Report

Stuart FL 34996 Residential Market Report August 2017

09.18.17 by Gabe Sanders

Stuart FL 34996 Residential Market Report August 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2017

For August 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 145 active listings (Down by 2 homes from July).

14 Residential sales are pending and awaiting close or lender approval (Down by 29 homes from July).

12 Homes Sold in August (Decreased by 24 homes from July).

The 34996 zip code area of the Stuart Florida residential real estate showed greatly reduced activity for August.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August jumped to 12.1 months as compared to July’s 4.1 months. Into a strong buyers’ market for the 34996 zip code area of Stuart FL. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for August of 2016 were: 144 active listings, 32 pending sales, and 12 closed sales. Better volume of sales and pending sales this year.

Stuart FL 34996 Residential Market Report August 2017

Search here for real estate in the 34996 Zip Code of Stuart FL

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Stuart FL 34996 Residential Market Report August 2017

Hammock Creek September 2017 Market Report

09.18.17 by Gabe Sanders

Hammock Creek September 2017 Market Report

There are currently 4 homes actively listed in Hammock Creek in Palm City, Florida. Prices range from $469,900 to 525,000. The average list price is $497,450 at $194.50 per square foot of living area.

There are 6 homes currently under contract awaiting closing. The list prices range from $399,900 to $649,000 at an average list price is $497,133 which is equal to $160.88 per square foot of living area. These homes averaged 111 days from list date to being under contract.

In the past 12 months, 40 homes have sold in Hammock Creek. Sales prices ranged from $340,000 to $635,000 with an average sales price of $486,263 which works out to $156.86 per square foot of living area. These homes went under contract in an average of 63 days and sold for an average of 967% 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 makes 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 September 2017 Market Report

For any questions you may have about Hammock Creek September 2017 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 September 2017 Market Report

Islesworth in Palm City FL September 2017 Market Report

09.17.17 by Gabe Sanders

Islesworth in Palm City FL September 2017 Market Report

There are currently 2 homes for sale in Islesworth in Palm City, Florida. List prices are $399,000 and $414,900 for an average list price of $406,950 which is equal to $159.20 per sq. ft. of living area.

There is 1 home currently under contract in Islesworth. The list price of this home was $429,000 or $134.10 per sq. ft. of living area. This home was on the market for 106 days before going under contract.

In the past 12 months, 15 homes have sold in Islesworth. Sales prices ranged from $322,500 to $444,000 with an average sales price of $391,067 which works out to $152.76 per square foot of living area. These homes averaged 59 days on the market prior to going under contract and sold for 97% of the listing price.

About Islesworth in Palm City FL

The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off of Route 714 (Martin Highway). This was a Pulte community with 113 homes being built from 1996 through 1998. Most homes are on spacious lots from just under to over ¼ acre sites.

Many homes enjoy serene water views as there are two smaller lakes in this community. Both single and two story homes with the vast majority being 4 bedroom homes though there are a number of 5 bedroom homes as well as a few 3 bedroom homes. The current HOA fees are a very reasonable $463.00 per quarter. The fees include maintenance and insurance of the common areas, roads, reserve funds and basic cable TV.

Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School. Children in Islesworth go to Martin County High School which is approximately 5 miles away.

Close to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most resident’s needs. For those needing to commute, both Florida’s Turnpike and I-95 are both only a short distance away.

Here are the currently available homes in September 2017 Market Report for Islesworth in Palm City FL

For any questions you may have about September 2017 Market Report for Islesworth in Palm City FL, 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

Islesworth in Palm City FL September 2017 Market Report

Plantation at Sewalls Point September 2017 Market Report

09.16.17 by Gabe Sanders

Plantation at Sewalls Point September 2017 Market Report

For September 2017 there are 3 homes available for sale in the Plantation at Sewalls Point. List prices range from $1,600,000 up to $3,795,000 for an average list price of $2,363,333 which equals $362.31 per sq. ft. of living area.

There are no homes under contract at present in the Plantation at Sewalls Point.

In the past 12 months, there have been 2 sales in the Plantation at Sewalls Point. Sales prices were $1,100,000 and $1,615,000 for an average sales price of $1,357,500 which works out to $551.59 per sq. ft. of living area. These homes averaged 144 days on market before going under contract and sold for an average of 97% of the final list price.

About Plantation at Sewalls Point:

The Plantation at Sewalls Point is an exclusive private community of only 21 home sites. There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River. 11 smaller non-waterfront home-sites on 1/2 to 1 acre sites. All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400. The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Search here for homes for sale in the Plantation at Sewalls Point, Florida

Plantation at Sewalls Point September 2017 Market Report

Stuart FL 34994 Condo Market Report August 2017

09.15.17 by Gabe Sanders

Stuart FL 34994 Condo Market Report August 2017

Stuart FL Snapshot for ZIP Code 34994, Condo Sales for August 2017

For August 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 70 active condo listings (Down by 7 condos from July).

30 Condo sales are pending and awaiting close or lender approval. (Decreased by 11 condos from last month)

21 Condos Sold in August (Down by 9 condos from July).

The Stuart FL 34994 Condo market continues with strong activity throughout the summer months.

The absorption rate for August edged up to 3.3 months compared to last month’s 2.6. Still in a strong sellers’ market for this condo segment of Stuart’s 34994 zip code area. Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months. Meaning neither the buyers or sellers have an advantage in the real estate market.

Last August the numbers were 89 active listings, 32 pending sales, and 16 closed sales. Much better activity for this year when compared to August of 2016.

Stuart, FL Real Estate

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

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Stuart Florida Market Report ZIP Code 34994 – Condo, August 2017

Castle Hill Real Estate Market Report September 2017

09.15.17 by Gabe Sanders

Castle Hill Real Estate Market Report September 2017

There is currently 1 home for sale in Castle Hill in Sewalls Point, FL. This home is listed for $650,000 which is $221.39 per sq. ft. of living area.

There are currently no homes under contract, pending a sale.

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 Gate

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.

Water views

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 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 equi-distant 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 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 September 2017

Stuart Florida 34994 Residential Real Estate Market Report August 2017

09.14.17 by Gabe Sanders

Stuart Florida 34994 Residential Real Estate Market Report August 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2017

For August 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 77 active listings (Increased by 2 homes from July)

26 Residential sales are pending and awaiting close or lender approval (Decreased by 3 homes from last month).

16 Homes Sold in July (Increased by 4 homes from July)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had strong activity for August with strong sales activity.

The one month absorption rate for the 34994 zip code for August dropped to 4.8 months from 6.25 months for July. Bringing the 34994 zip code area of Stuart, FL back into a sellers’ market. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The August 2016 numbers were 64 Active Listings, 25 pending sales, and 13 closed sales. Better sales and pending activity this year with a little larger inventory.

Search here for Stuart Florida Real Estate for Sale

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