The Charter Club at Martin Downs October 2017 Market Report

The Charter Club at Martin Downs October 2017 Market Report

There are currently 5 homes for sale in the Charter Club at Martin Downs in Palm City FL.  List prices range from a low of $275,000 up to $305,000 with an average list price of $290,580 or $175.33 per sq. ft. of living area.

There is 1 home under contract that has not yet sold.  This home was listed for  $285,000 which is $154.05 per sq. ft. of living area.  This home went under contract 32 days after being listed.

These past 12 months saw 12 homes sell in the Charter Club.  Sales prices ranged from $196,000 up to $329,900 for an average sales price of $242,750 which equals $137.86 per sq. ft. of living area.  These homes were under contract in an average of 25 days and sold for an average of 95% of list price.

About the Charter Club at Martin Downs:

The Charter Club at Martin Downs

The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

The Charter Club at Martin Downs The Charter Club at Martin Downs

Home sizes range from 3 bedroom, 3 bathroom, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedroom, 2 bathroom homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two car, though a few of the smaller homes only have one car garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

There’s a community pool and hot tub for residents as well as to tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

The HOA fee is currently $235 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control and trash service.

The Charter Club at Martin Downs The Charter Club at Martin Downs

A wonderful and safe community neighborhood that’s close to ‘A’ rated schools.  The Charter Club at Martin Downs is a great place to call home.

Search here for Charter Club Homes for Sale

The Charter Club at Martin Downs October 2017 Market Report

Palm City FL 34990 Condo Market Report September 2017

Palm City FL 34990 Condo Market Report September 2017

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

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

There are currently 68 active condo listings. (Decreased by 5 condos from August)

   Palm City FL 34990 Condo Market Report September 2017

7 Condo sales are pending and awaiting close or lender approval. (Down by 1 condos from last month)

Palm City FL 34990 Condo Market Report September 2017

3 Condos Sold in September. (Down by 5 condos from July)

Palm City FL 34990 Condo Market Report September 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity dropped for Palm City condos and remains a difficult market for sellers.  (Though a good part of this difficulty comes from two equity golf club communities.)  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 condos in the 34990 zip code area jumped to 22.7 months (was 9.1 months in July).  Still in a buyer’s market for Palm City condominiums, but much less extreme than last month.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2016 numbers were: 71 active listings, 9 pending sales and 4 closed sales.   Slightly better activity last year.
Palm City FL 34990 Condo Market Report September 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report September 2017

The Princess of Hutchinson Island October 2017 Market Report

The Princess of Hutchinson Island October 2017 Market Report

As of October 2017, there is only 1 active listing in the Princess of Hutchinson Island.  The list price is $510,000 or  $297.20 per sq. ft. of living area.

There are two condos under contract that have not closed as of this writing.  These condos were listed for $345,000 and $369,900 for an average list price of $357,450 which equals $234.85 per sq. ft. of living area.  These two condos averaged 172 days on the market prior to going under contract.

In the past 12 months, 11 condos have sold in the Princess.  Sales prices ranged from $215,000 up to $385,000 for an average sales price of $309,036 which works out to an average of $220.99 per sq. ft. of living area.  These condos were on the market for an average of 68 days before going under contract and sold for an average of 97% of the last list price.

About the Princess of Hutchinson Island Condos:

The Princess of Hutchinson Island

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar.  There’s tennis and bocce courts as well as trailer parking and a vehicle wash area.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The maintenance fee (which includes the use of all facilities as well as exterior maintenance and insurance) varies from just under $500 a month to $700 a month depending on the size of the condo.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasRegencySand Dollar ShoresSea WindsVilla del Sol

The Princess of Hutchinson Island October 2017 Market Report

 

Palm City FL 34990 Residential Market Report September 2017

Palm City FL 34990 Residential Market Report September 2017

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

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

 There are currently 335 active listings (Decreased by 11 homes from August)

Palm City FL 34990 Residential Market Report September 2017

108 Residential sales are pending and awaiting close or lender approval. (Down by 20 homes from last month)

Palm City FL 34990 Residential Market Report September 2017

43 Homes Sold in August (Down by 52 home from August)

Palm City FL 34990 Residential Market Report September 2017

The Palm City FL, zip code 34990 residential real estate market remains very active.  For September there was significant reduction in activity.  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 monthly absorption rate jumped up to 7.8 months from 3.6 months in August.  A shift to a buyer’s market for the Palm City zip code 34990 area for residential sales.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The September 2016 numbers were:  377 active listings, 21 pending sales, and 54 closed sales.  Weaker activity for this year with a fairly big decrease in inventory.

Palm City FL 34990 Residential Market Report September 2017

 Search here for Palm City Florida Real Estate for Sale:

Palm City Florida Real Estate presented by:
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Palm City FL 34990 Residential Market Report September 2017

Joes Point October 2017 Real Estate Market Report

Joes Point October 2017 Real Estate Market Report

As of October 2017, there is only 1 home for sale in Joes Point on Hutchinson Island.  This home is listed for $1,195,000 or $358.64 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, one home has sold in this waterfront community.  The sales price was $1,015,000 which equals $429.72 per sq. ft. of living area.  This home went under contract in 473 days and sold for 85% of the list price.

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson IslandOne of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula which juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boaters paradise.  Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of October 2017 were under $300 per month and include central water and sewer service.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA owned beach area.

Search here for any available Joes Point Homes for Sale

Joes Point October 2017 Real Estate Market Report

Stuart FL 34997 Condo Market Report September 2017

Stuart FL 34997 Condo Market Report September 2017

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

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

There are currently 49 active condo listings (Increased by 5 condos from August).

Stuart FL 34997 Condo Market Report September 2017

18 Condo sales are pending and awaiting close or lender approval (Decreased by 5 condos from August).

Stuart FL 34997 Condo Market Report September 2017

13 Condos Sold in September (Decreased by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2017

     The Stuart FL condo market for zip code 34997 continues to show strong activity but also now with a troubling decrease in available condos for sale.  This month’s activity may been impacted by Hurricane Irma which shut down real estate for a little over a week last month.
     The absorption rate increased to 3.8 months in September compared to 2.6 months for August.  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 September 2016 numbers were: 72 active listings, 19 pending sales, and 16 closed sales.  Better closed sales last year but that was with a much greater inventory of available condos.

Stuart FL 34997 Condo Market Report September 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

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

 

 

1 Acre Vacant Land Next to Golf Course Reduced

1 Acre Vacant Land Next to Golf Course Reduced

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

1 Acre Vacant Land Next to Golf Course Reduced

Stuart FL 34997 Residential Market Report September 2017

Stuart FL 34997 Residential Market Report September 2017

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

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

There are currently 274 active listings (Decreased by 17 homes from August).

Stuart FL 34997 Residential Market Report September 2017

130 Residential sales are pending and awaiting close or lender approval (Decreased by 11 homes from August).

Stuart FL 34997 Residential Market Report September 2017

68 Homes Sold in September (Decreased by 18 homes from August)

Stuart FL 34997 Residential Market Report September 2017

      The Stuart Florida Residential Market for ZIP Code 34997 continues with strong activity but a bit weaker than last 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 inched down to 4.0 months (was 3.4 months for August).  Continuing as a strong seller’s market for the 34997 zip code area of Stuart for September 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 September, were: 309 active listings, 132 pending listings, and 89 closed sales.  Better activity last year, but it was with a bigger selection of homes (inventory)
Stuart FL 34997 Residential Market Report September 2017

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 September 2017

 

Spacious Palm City Canoe Creek Pool Home Coming Soon

Spacious Palm City Canoe Creek Pool Home Coming Soon

Canoe Creek Real Estate Palm City FL

$ Click for current price
4 BEDROOMS | 4 (3 full, 1 half ) BATHROOMS | 4256 SQUARE FEET

Spacious 4 bedroom, 3 and ½ bath pool home in Canoe Creek in Palm City.  A perfect home for those looking to live in large rooms on an over an acre lot with minimum HOA rules and low fees.  This home features a huge family/great room with exposed wooden beams with a fireplace, as well as a wet bar,  perfect for large family, get togethers.  There’s a large den/office that leads into a spacious master bedroom.  The master bath has dual vanities on granite counters with separate tub and shower as well as a private entrance to the spacious backyard.   The kitchen and master bathroom have been recently upgraded with granite counters and mostly stainless appliances as well as new tile. There are 3 additional bedrooms one of which has an ensuite bath.  Large screened lanai and an oversized pool complete this spacious Palm City home that is ready for a new owner.

Spacious Palm City Canoe Creek Pool Home Coming Soon

Stuart FL 34996 Condo Market Report September 2017

Stuart FL 34996 Condo Market Report September 2017

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

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

There are currently 112 active condo listings (Increased by 5 condos from last month).

Stuart FL 34996 Condo Market Report September 2017

33 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from August).

Stuart FL 34996 Condo Market Report September 2017

21 Condos Sold in September (Down by 7 condos from August) 

Stuart FL 34996 Condo Market Report September 2017

The Stuart FL 34996 Condo Market of Stuart showed somewhat less activity than last month, but still pretty active.  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 Stuart Florida condos in ZIP Code 34996 increased to 5.3 months from August’s 3.8 months.  Still a seller’s 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 September 2016 were: 132 active listings, 25 pending sales and 21 closed sales.  One of the few areas of martin County with better activity this year when compared to 2016.

Stuart FL 34996 Condo Market Report September 2017

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report September 2017

Palm Pointe and Palm Isles October 2017 Market Report

Palm Pointe and Palm Isles October 2017 Market Report

There is currently only one active listings in Palm Pointe and Palm Isles community of Palm City FL.  The list price for this home is $309,995 which is equal to $144.59 per sq. ft. of living area.

At this time, there is 1 home under contract which has not yet finalized.  The list price was $260,000 or $142.86 per sq. ft. of living area.  This homes was on the market for 21 days prior to going under contract.

8 homes have sold in the past 12 months.  Sales price ranged from $212,000 to $320,000 with the average sales price of $250,063 which works out to $142.81 per sq. ft. of living area.  These homes were on the market for an average of 45 days prior to going under contract and sold at an average of 96% of list price.

About the Palm Isles and Palm Pointe Community in Palm City:

Palm Pointe and Palm Isles in Palm City

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

As of October 2017 HOA fess were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

Search for Palm Pointe and Palm Isles Homes for Sale

 

Palm Pointe and Palm Isles October 2017 Market Report

The Falls of Jensen Beach October 2017 Market Report

The Falls of Jensen Beach October 2017 Market Report

For October 2017 there are 2 homes available for sale in the Falls of Jensen Beach.  Listing prices are $423,500 and $699,000 for an average list price of $561,250 or $158.49 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed).  The list price of this home is $624,900 or $157.92 per sq. ft. of living area.  This home was on the market for 194 days prior to going under contract.

In the past 12 months, 10 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $411,000 up to $639,000 for an average sales price of $491,125 which is equal to $163.15 per sq. ft. of living area.  These homes averaged 87 days on market before going under contract and sold on average for 96% of listed price.

About the Falls in Jensen Beach FL:

The Falls of Jensen Beach real estate

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls of Jensen Beach real estate The Falls of Jensen Beach real estate

The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County ‘A’ rated schools.  Currently these are the Jensen beach Elementary school, Stuart Middle school and the Jensen Beach High school.

The Falls of Jensen Beach real estate The Falls of Jensen Beach real estate

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing there are only two new homes available from the builder, but re-sale homes have been coming on the market at a fairly steady rate.

 The Falls of Jensen Beach real estate

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3 car garages.  Homes range from single story ranch style designs to two story homes and many have private pools.

The Falls of Jensen Beach real estate

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature updated kitchen with granite countertops.

The Falls of Jensen Beach real estate

The HOA fee (as of October 2017) is $232 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Here are the currently available homes in the Falls of Jensen Beach

Those interested in new construction in the Falls, please call us for our special builder rebate program (772) 323-6996.

Atlantis Condos on Hutchinson Island October 2017 Market Report

Atlantis Condos on Hutchinson Island October 2017 Market Report

There are currently 4 condos on the market in the three Atlantis condo buildings..  List prices range from $195,000 to $297,000 for an average list price of $234,000 which equates to $209.58 per sq. ft. of living area.

There is 1 Atlantis condo that is under contract which hasn’t sold to date.  The list price was $279,000 or $241.77 per sq. ft. of living area.  This condo went under contract 38 days after being listed.

In the past 12 months, 12 condos have sold in Atlantis.  Sales prices ranged from a low of $163,500 up to $300,000 with an average sales price of $228,638 or $205.24 per sq. ft. of living area.  These condos sold in an average of 148 days and at an average of 95% of list price.

About Atlantis Condos:

Atlantis Condos on Hutchinson Island in Jensen Beach

Atlantis Condos on Hutchinson Island in Jensen Beach FL (Saint Lucie County) consists of three buildings.  Atlantis ‘A’, Atlantis ‘B’ and Atlantis ‘III’.   Buildings A and B were constructed in 1978 and consist of 68 2 bedroom 2 bathroom condos with 1,053 sq. ft. of living space on 7 stories.  End units are slightly bigger with wrap around balconies and 1113 sq. ft. of living space.  Building III was built in 1982, also with the same number of condos but is slightly larger with 1,151 sq. ft. interior units and 1,258 sq. ft. on the ends.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Condo association fees at the time of this post were in the low $300’s per month for Buildings A & B and the low $400’s for Atlantis III.  These three buildings have two pools in between them as well as direct ocean access from the rear of all buildings.  Those on floors 3 to 7 enjoy excellent ocean and beach views, while the lower floors have partially blocked views because of the sand dunes. There is ample outdoor parking for all residents as well as two tennis courts and a vehicle wash area.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

The Atlantis condos are conveniently located just 1 and ½ miles north of the Jensen Beach Causeway and within an easy drive of shopping, restaurants and all the amenities offered on Florida’s Treasure Coast.

Atlantis Condos on Hutchinson Island in Jensen BeachAtlantis Condos on Hutchinson Island in Jensen Beach

Give the Gabe Sanders BlueWater realty team a call or email if you would like more information or wish to see the Atlantis complex in Jensen Beach FL.

Search for Atlantis Condos on Hutchinson Island for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral  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

Stuart FL 34996 Residential Market Report September 2017

Stuart FL 34996 Residential Market Report September 2017

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

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

There are currently 129 active listings (Down by 16 homes from August).

Stuart FL 34996 Residential Market Report September 2017

19 Residential sales are pending and awaiting close or lender approval (Up by 5 homes from August).

Stuart FL 34996 Residential Market Report September 2017

6 Homes Sold in September (Decreased by 6 homes from August).

Stuart FL 34996 Residential Market Report September 2017

The 34996 zip code area of the Stuart Florida residential real estate showed greatly reduced activity for September along with decreased inventory.  Much of this may be attributed to Hurricane Irma which shut down real estate for a little over a week last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for September jumped to 65 months as compared to August’s 12.1 months.  Into an extreme buyer’s 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 September of 2016 were: 161 active listings, 27 pending sales, and 13 closed sales.  Considerably better activity from last year.

Stuart FL 34996 Residential Market Report September 2017

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

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report September 2017

Orchid Bay Palm City FL October 2017 Market Report

Orchid Bay Palm City FL October 2017 Market Report

There are currently 2 homes listed for sale in Orchid Bay.  List prices are $574,900 and $589,500 for an average list price of $582,200 which is $205.63 per sq. ft. of living area.

2 homes are currently under contract and awaiting sale.  The list prices are $379,900 and $489,999 which averages to $434,950 for $169.08 per sq. ft. of living area. These three homes averaged 30 days on the market before going under contract.

In the past 12 months, 6 homes have sold in Orchid Bay.  Sales prices ranged from $380,055 up to $637,500 for an average sold price $499,759 which works out to $168.36 per sq. ft. of living area.  These 6 homes averaged 94 days on the market before the sellers accepted an offer and sold for an average of 97% of the listed price.

About Orchid bay in Palm City:

Orchid Bay Entrance 2About Orchid Bay:

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

Orchid Bay Home 4

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

Orchid Bay Pool with Lake View

HOA fees at the time of this writing (October 2017) are $187.00 per month (payable quarterly).   These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Orchid Bay Playground

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

Orchid Bay Home 1

Search here for all available Orchid Bay Homes for Sale

For any questions you may have about Orchid Bay, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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

Orchid Bay Palm City FL October 2017 Market Report

Stuart FL 34994 Condo Market Report September 2017

Stuart FL 34994 Condo Market Report September 2017 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for September 2017

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

There are currently 73 active condo listings (Up by 3 condos from August).

Stuart FL 34994 Condo Market Report September 2017

22 Condo sales are pending and awaiting close or lender approval. (Decreased by 8 condos from last month) 

Stuart FL 34994 Condo Market Report September 2017

14 Condos Sold in September (Down by 7 condos from August).

Stuart FL 34994 Condo Market Report September 2017

The Stuart FL 34994 Condo market remains strong, though it showed weaker activity this September.  Some of this reduced activity may have been a result of Hurricane Irma which shut down real estate for a little over a week last month.

The absorption rate for September increased to 5.2 months compared to last month’s 3.3.  Still in a seller’s 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 September the numbers were 92 active listings, 28 pending sales, and 11 closed sales.  Better activity last year.

Stuart FL 34994 Condo Market Report September 2017

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

The Courtyards at Willoughby October 2017 Market Report

The Courtyards at Willoughby October 2017 Market Report

There are no condos currently for sale in the Courtyards at Willoughby.

Also, there are no condos currently under contract.

In the past 12 months, 6 condos have sold in the Courtyards of Willoughby with sales prices ranging from $154,250 to $221,500 for an average sales price of $195,896 and this equals $131.69 per sq. ft. of living space.  These condos sold for an average of 97% of list price with an average of 39 days on market before going under contract.

About the Courtyards at Willoughby:

Courtyards of Willoughby in Stuart FLThe charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (October 2017) run from $350 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

The Courtyards at Willoughby in Stuart FL

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24 hour fitness center! The surrounding school district is ‘A’ rated.

The Courtyards at Willoughby in Stuart FL

As of October 2017 there is only one active listing in the Courtyards at Willoughby.  It is a 3 bedroom, 2 bath townhome with a two car garage.  The list price is $195,000.

There are three pending listings.  All are 2 bedroom units that were listed from $109,900 to $129,000 for an average list price of $115,966 which equals $98.78 per sq. ft. of living area. 2 of these homes are short sales.

In the past 12 months, there have been 7 sales in the Courtyards at Willoughby.  Sales prices ranged from $103,100 to $179,900 for an average sold price of $129,750 which was $97.33 per sq. ft. of living area.  There were no foreclosures and one shortsale in this group of sales.

Search Here for Courtyards at Willoughby Condos for Sale

The Courtyards at Willoughby October 2017 Market Report


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Stuart Florida 34994 Residential Market Report September 2017

Stuart Florida 34994 Residential Market Report September 2017

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

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

There are currently 76 active listings (Decreased by 1 homes from August)

Stuart Florida 34994 Residential Market Report September 2017

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

Stuart Florida 34994 Residential Market Report September 2017

8 Homes Sold in August (Decreased by 8 homes from August)

Stuart Florida 34994 Residential Market Report September 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had slightly weaker activity for September.  Some of this might have been hurricane related.

The one month absorption rate for the 34994 zip code for September increased to 9.5 months from 4.8 months for August.  Bringing the 34994 zip code area of Stuart, FL back into a buyer’s market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2016 numbers were 64 Active Listings, 34 pending sales, and 11 closed sales.  Better sales and pending activity last year with a little larger inventory.  Some of this activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week last month.

Stuart Florida 34994 Residential Market Report September 2017

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Stuart Florida 34994 Residential Real Estate Market Report September 2017

Coral Point Real Estate Market Report October 2017

Coral Point Real Estate Market Report October 2017

There are no homes currently on the market in the Coral Point community of Rocky Point in Stuart FL.

There also are no homes currently under contract.

In the past 12 months, 3 homes have sold in Coral Point.  The sales prices ranged from a low of $475,000 up to $1,000,000 for an average sales price of $653,333 which equals $268.15 per sq. ft. of living area.  These homes averaged 8 days on the market prior to going under contract and sold for an average of 93% of list price.

About Coral Point in Rocky Point:

Coral Point is a small community of only 20 homes located in Rocky Point just off the Manatee Pocket in Stuart FL.  This community had its first home built in 1986 and was mostly finished by 1993, though there have been a few homes with some extensive remodeling and could be considered brand new.

Coral Point in Rocky Point Stuart

There are a number of wide waterfront homes in Coral Point with quick access to the Atlantic Ocean as this community lies only a mile or two from the inlet.  For those, not on the water there’s community day dock and fishing pier with excellent fishing for snook or so the residents inform me.

Coral Point in Rocky Point Stuart

This is an ungated community and there is a community tennis court.  As of this writing (October 2017), the HOA fees are under $500 per year.  This fee may vary slightly as the needs for the community maintenance change.

Coral Point in Rocky Point Stuart

Home sizes range from a 3 bedroom, 2 bath home with under 2,000 sq. ft. of living area up to a 4 bedroom, 4 bathroom home with over 5,000 sq. ft. of living area.  This is a beautiful secluded little community for those wishing to enjoy our Florida lifestyle

Coral Point in Rocky Point Stuart

Children of Coral Point will attend the Port Salerno elementary school, Murray middle and the South Fork high school.

Click here to see any currently available Coral Point Homes for Sale

View more Stuart and Martin County communities at GabeSanders.com.

Coral Point Real Estate Market Report October 2017

Sewalls Point Single Family Market Report September 2017

Sewalls Point Single Family Market Report September 2017

Sewalls Point Real Estate Snapshot, Residential Sales for September 2017

 

There are currently 43 active listings (Down by 11 homes from last month)

Sewalls Point Single Family Market Report September 2017

4 home sales are pending and awaiting close or lender approval (Decreased by 2 homes from August)

Sewalls Point Single Family Market Report September 2017

4 Homes sold in June (Increased by 3 homes sales from August)

Sewalls Point Single Family Market Report September 2017

The single family real estate market in Sewalls Point had a large drop of inventory for September.  Sales increased from last month but pending sales were off.  Some of this activity could have been impacted by Hurricane Irma which shut down real estate for a little over a week last month.

The absorption rate dropped to 10.8  months, in August was 54 months.  Still a buyers’ market for Sewalls Point single family homes but not nearly as extreme as the previous month.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to September 2016, the inventory was 69 homes on the market, 10 pending sales and there were 7 closed sales.  Considerably better sales activity last year.

Sewalls Point Single Family Market Report September 2017

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Sewalls Point Single Family Market Report September 2017