May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

As of May 2017 there are 5 available homes in the Ocean Bay Villas community on Hutchinson Island, FL.  List prices are from $399,900 up to $529,000, for an average list price of $445,560 or $188.67 per sq. ft. of living area.

There are no current pending sales.

There have been 5 closed sales in the past 12 months.  Sales prices ranged from $340,000 up to $445,000 which averages to $390,000 and is equal to $156.57 per sq. ft. of living area.  These homes sold for an average of 96% of list price and also averaged 258 days on market before going under contract.

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave for only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three story luxury town home style residences with elevators and modern updated interiors.

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool and spa.  A true resort style lifestyle that can be yours everyday.

Search for all Available Ocean Bay Villas on Hutchinson Island in Stuart Florida
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Hutchinson Island Florida Real Estate is presented by:
the Gabe Sanders real estate team

May 2017 Market Report for Ocean Bay Villas on Hutchinson Island

The Arbors in Hobe Sound May 2017 Market Report

The Arbors in Hobe Sound May 2017 Market Report

There are 3 available homes for sale in The Arbors as of May 2017.  List prices are from $414,000 up to $789,000 for an average of $601,000 which equals $203.30 per sq. ft. of living area.

There is one home under contract which has not completed the sales process.  The list price was $519,000 or $196.15 per sq. ft. of living area..  This home was on the market for 96 days prior to going under contract.

In the past 12 months, 13 homes have sold in the Arbors.  Sales prices ranged from $345,000 up to $584,000 for an average sales price of $468,969 which equals $190.41 per sq. ft. of living area.  These sales averaged at 96% of the listed price and were on the market for an average of 90 days prior to entering into an agreement for sale.

The Arbors in Hobe Sound FL

About the Arbors in Hobe Sound:

In northern Hobe Sound just west of Federal Highway and off of Seabranch Avenue is the exclusive 190 homes of the Arbors.  This exclusive gated community of upscale homes all border on lakes or preserve with generous lots and elbow room not found in many modern developments.  In addition to the two serene lakes the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines as well as offering a home to native flora and fauna.  Residents of the Arbors enjoy seeing endangered srub jays and gopher tortoises as well as pairs of sandhill cranes.   To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land.  Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

The Arbors in Hobe Sound FL  The Arbors in Hobe Sound FL

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County.  Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting.  The Arbors is less than an hour away from Palm Beach International Airport and just about equi-distant from Miami and Orlando, both only two hours by car.

The Arbors in Hobe Sound FL The Arbors in Hobe Sound FL

The Arbors is a wonderful place to call home.

Search for all Arbors Homes in Hobe Sound Real Estate

Ocean Dunes Condos on Hutchinson Island May 2017 Market Report

Ocean Dunes Condos on Hutchinson Island May 2017 Market Report

As of May 2017, there were no condos for sale in Ocean Dunes on Hutchinson Island in Jensen Beach FL.

There is one condo currently under contract.  This oceanfront condo was listed for $469,900 which is $362.02 per sq. ft. of living area.  This condo was on the market for 194 days before going under contract.

In the past 12 months, 3 condos have sold.  Sales prices ranged from $240,000 up to $295,000 for an average sales price of $271,667 or $217.71 per sq. ft. of living area.  These condos were on the market for an average of 22 days before going under contract and sold for an average of 97% of the last list price.

About Ocean Dunes Condos in Jensen Beach FL:

Ocean Dunes Condo in Jensen Beach

Just north of the Jensen Beach Causeway is the very exclusive Ocean Dunes Condo Building.  This 8 story elevator building was built in 1982 and contains only 28 units.  No more than 4 condos per floor with the penthouse having two spacious double sized units of 2,502 sq. ft. under AC each.  The remaining condos are all 2 bedroom, 2 bath with the corner units having 1,298 sq. ft. of living area and the interior ones having 1,228.

Ocean Dunes Condo in Jensen Beach Ocean Dunes Condo in Jensen Beach

There is ample parking as well as beach access, private pool and a tennis court.  One small pet is allowed as well as rentals are permitted with some restrictions.  The current condo fees are $530 per month as of December 2016.

Ocean Dunes Condo in Jensen Beach Ocean Dunes Condo in Jensen Beach

There is shopping located across the street and it’s only a short drive to downtown Jensen Beach.

 Ocean Dunes Condo in Jensen Beach

Click here to search for available Ocean Dunes 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 RoyaleOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

St Lucie County Townhouses and Condos March 2017 Market Detail

St Lucie County Townhouses and Condos March 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for March 2017 showed another month of strong gains.  Closed sales were up by 16.1% from last year (was up 1.4% in February) while new pending sales decreased by 0.6% (was up by 5.8% in February).

Values continue to rise impressively with the median price up by 28.0% (was up by 41.6% in February) while the average sales price increased by 13.3% (was up by 17.5% in February).  I’ve been expecting prices to moderate for some time so these increases are surprising.

The inventory of available townhouses and condos decreased by 36 units from last month to 569 units, which is 13.1% less than March 2016. The current supply is 5.9 months, which is 10.6% lower than the 6.6 months of inventory last year.  The St Lucie County townhouses and condos is slipping back into a sellers market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos March 2017 Market Detail

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

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 March 2017 Market Detail

Coral Lakes – May 2017 Market Report

Coral Lakes – May 2017 Market Report

For may 2017 there are two homes available for sale in Coral Lakes in Stuart FL.  These homes are listed for $305,000 and $390,000 for an average of $347,500 which is equal to $158.32 per sq. ft. of living area.

There is one home currently under contract in Coral Lakes.  This home was listed for $272,000 or $154.90 per sq. ft. of living area and was on the market for 32 days before going under contract.

Only one home has sold in the past 12 months Coral Lakes.  This home sold for $251,000 or $103.51 per sq. ft. of living area. It was on the market for only 6 days before going under contract  and sold for 108% of the list price.

About Coral Lakes:

Coral Lakes real estate in Stuart FL

The gated Stuart FL community of Coral Lakes is off Willoughby Blvd between Pomeroy Street and Salerno Road.  Communities like this are no longer being developed in most centrally located areas as all of the lots are a minimum of a ½ acre and a number are over an acre.

Coral Lakes real estate in Stuart FL

There are just under 100 home sites in Coral Lakes with the first homes built in 1980 and the most recently completed one was in 2005.  Homes come in all sizes and shapes with different builders and range from just over 1,600 sq. ft. 2 bedrooms and 2 bathrooms homes up to over 4,500 sq. ft. homes with 5 bedrooms and 4 bathrooms and multi-car garages.

Coral Lakes real estate in Stuart FL

Other than a storage lot for boats, RV’s and trailers there are no additional amenities in Coral Lakes and the low HOA fee of $450 per year covers maintenance of the common areas, gates and management (as of March 2017).  Many homes have private pools in these spacious single family home sites as well as other much desired amenities.

Coral Lakes real estate in Stuart FL

The location makes it easy for residents of Coral Lakes to commute via I-95 to parts north or south of Martin County and yet still be close to shopping, restaurants, medical facilities, beaches and waterways , and the other great attractions that make Stuart FL so popular among families.

Coral Lakes real estate in Stuart FL

Currently, children attend the Pinewood Elementary, Dr. David L. Andersen Middle and Martin County High Schools.

Check here to see which Coral Lakes homes are available for sale.

 

Gabe’s May 2017 HouseCalls Newsletter

Gabe’s May 2017 HouseCalls Newsletter

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

Gabe's May 2017 Housecalls Newsletter

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

You can see all the past issues here:

HouseCalls Archive

Search here for Stuart Florida Real estate

Gabe’s May 2017 HouseCalls Newsletter

Poppleton Creek Condo Market Report for May 2017

Poppleton Creek Condo Market Report for May 2017

As of May 2017, there are 3 condos available in the Poplleton Creek community of Stuart, FL. List prices range from $129,900 up to $165,000 for an average list price of $147,967 which is $124.18 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, there have been 8 sales.  Sales prices ranged from $34,100 up to $115,000 for an average sales price of $72,106 or $73.14 per sq. ft. of living area.  These condos averaged only 17 days on the market before going under contract and sold for an average of 95% of list price.

About the Poppleton Creek Condo Community in Stuart FL:

Poppleton Creek Condos in Stuart FL

Conveniently located just west of US-1 (Federal Highway) on Kanner Highway and close to downtown Stuart is the Poppleton Creek Condo Complex.

Poppleton Creek Condos in Stuart FL Poppleton Creek Condos in Stuart FL

 This community consists of two sections.  One is a more traditional type of condo building with units consisting of mostly 2 bedroom condos and a few 1 bedroom units built in 1974 with approximately 875 sq. ft. of living area.  There is also a newer section built in 1981 with 1,250 sq. ft. condos that are more like townhomes with 2 bedrooms and 2 bathrooms.

Poppleton Creek Condos in Stuart FL Poppleton Creek Condos in Stuart FL

The newer section, which was completed between the years of 1984 and 1985 is referred to as the Gardens at Poppleton Creek and consist of a more open plan that are all 1,164 sq. ft. of living area with 2 bedrooms and 2 bathrooms.

Poppleton Creek Condos in Stuart FL

Some units in booth the newer sections look out and are along the shores of Poppleton Creek which has ocean access through the Saint Lucie River.  There are docks available in Poppleton Creek that are only suitable for smaller boats as the waters are fairly shallow and one must travel under the Palm City road bridge which only has limited clearance. There is also a place for kayak storage and launching.

Poppleton Creek Condos in Stuart FL

One medium sized pet is allowed (under 35 lbs.) and rentals are also allowed with restrictions.  There is ample parking but no commercial vehicles are allowed.  Units do have washer and dryer hookups for in home laundry.

There are two community pools and unfortunately no sports courts at this time.  All ages are welcome and children currently attend the J.D. Parker Elementary School, Stuart Middle School and the Jensen Beach High School.

Condo association fees as of January 2017 range from $236 to just over $411 per month depending on the section and size of the condo.

Click here to see all the currently listed condos in Poppleton Creek (If any)

St Lucie County Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes March 2017 Market Detail

St Lucie County Single Family Homes Market Detail for March 2017 showed improved activity for the month.  Closed sales were up by 11.6% (in February they were up by 5.1%) and new sales under contract (new pending sales) increased by 4.4% (they were down by 0.5% last month).

Prices continue to show very strong increases.  The median and average sales prices up by 15.7% and 14.9% respectively from last March (For February these numbers were up 18.2% and 16.6%).  While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 74 homes to 1,740 homes.  This inventory is 8.0% lower than last year.  The current supply of homes is at 3.9 months (was 4.1 months for February)  This is 4.9% lower than 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 March 2017 Market Detail

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

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 March 2017 Market Detail

The Princess of Hutchinson Island April 2017 Market Report

The Princess of Hutchinson Island April 2017 Market Report

As of April 2017, there are 6 active listings in the Princess of Hutchinson Island. List prices range from a low of $292,000 to a high of $375,000 for an average list price of $337,800 and an average cost per sq. ft. of living area of $240.71.

There are no condos under contract that have not closed as of this writing.

In the past 12 months, 16 condos have sold in the Princess.  Sales prices ranged from $215,000 up to $470,000 for an average sales price of $310,650 or $218.64 per sq. ft. of living area.  These condos were on the market for an average of 83 days before going under contract and sold for an average of 97% of the last list price.

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 fees which include use of all facilities as well as exterior maintenance and insurance run 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

 

Joes Point April 2017 Market Report

Joes Point April 2017 Market Report

As of April 2017 there are two homes for sale in Joes Point.  List prices are $1,195,000 and $1,300,000 for an average list price of $1,247,500 which works out to $394.70 per sq. ft. of living area.

There is one home under contract.  The list price was $1,195,000 or $505.93 per sq. ft. of living area.  This home was on the market for 473 days before going under contract.

In the past 12 months, one home has sold in this waterfront community.  The sales price was $$714,000 which equals $232.04 per sq. ft. of living area.  This home went under contract in 72 days and sold for 90% of the list price.

Joes Point on Hutchinson Island

One 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 water way 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 April 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

Twin Lakes Condo Market Report for April 2017

Twin Lakes Condo Market Report for April 2017

There are currently 8 condos available to purchase in the Twin Lakes community in Stuart FL.  List prices range from $80,000 up to $119,900 for an average list price of $101,584 which equals $96.89 per sq. ft. of living area.

6 condos are currently under contract.  List prices of these pending sales were from $82,900 up to $129,900 for an average of $113,933 or $107.01 per sq. ft. of living area. These condos averaged 36 days on the market before going under contract.

In the past 12 months 20 condos have sold in Twin Lakes.  Sales prices ranged from $72,800 up to $114,500 for an average sales price of $100,372 which works out to $90.59 per sq. ft. of living area.  These condos averaged 28 days on the market before going under contract and sold for an average of 95% of list price.

About the Twin Lakes Condo Community:

Twin Lakes Condos in Stuart FL

The Twin Lakes Condos of Stuart FL are located at 6531 SE Federal Highway in South Stuart, just north of the edge of Hobe Sound.  There are just over 280 units in Twin Lakes.  These condos were first built in 1973 through 1979 with the last phase having been completed in 1989.  All condos are 2 bedroom two bathroom units in two story buildings.  Interior square footage range from 977 up to 1,182.

Twin Lakes Condos in Stuart FL Twin Lakes Condos in Stuart FL

One portion of this community is a 55 an over while the other is open to all ages.  Both phases will accept one small pet.  There is a community pool, clubhouse, tennis courts, shuffleboard courts and a pleasant area for those wishing to hike around the lakes.

 Twin Lakes Condos in Stuart FL Twin Lakes Condos in Stuart FL

The current Condo Association fees are $306 a month (as of April 2017) and these fees cover Building Insurance, Cable, Common Areas, Lawn Care, Maintenance Exterior, Manager, Master Antenna/TV, Pest Control, Pool Service, Reserve Funds and Trash Removal.

Twin Lakes Condos in Stuart FL Twin Lakes Condos in Stuart FL

Children in the all ages section of twin Lakes attend Port Salerno Elementary School, Murray Middle School and South Fork High School.

Twin Lakes Condos in Stuart FL

There is ample reserved and guest parking and commercial vehicles, trucks and RV’s are not permitted.  Rentals are OK with some restrictions.

Click here to view the available Twin Lakes condos listed in the Martin County MLS system

Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos March 2017 Market Detail

Martin County Townhouses and Condos Market Detail for March 2017 had a bit slower closed sales for the month as compared to last year, while new pending activity looks good.  Closed sales for the month were down by 2.5% (was up by 1.0% in February) while new sales under contract (new pending sales) were up by 8.8% from March 2016 (decreased by 6.8% in February).

Prices were down again for March as the median sales price decreased by 13.0% (was down by 2.2% in February) while the average sales price decreased by 19.6% (was down by 14.4% in February) as compared to March of 2016.  Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place.  Though this market is till active.

The inventory of available townhouses and condos decreased by 26 units to 445 properties as compared to last month.  This is 12.9% greater than the March 2016 inventory.  Currently, there’s a 4.7 month supply of inventory (a 17.5% increase from last year which was 4.0 months).  Still a sellers market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos March 2017 Market Detail

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

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 March 2017 Market Detail

Canopy Creek April 2017 Market Report

Canopy Creek April 2017 Market Report

There are currently 2 homes for sale in Canopy Creek in Palm City.  Both are new construction homes from Kolter Homes.  List prices are $674,900 and $824,900 for an average list price of $749,900 or $202.30 per sq. ft. of living area.

There are no homes currently under contract in Canopy Creek.

In the past 12 months, 9 Canopy Creek homes have sold.  Sales prices ranged from $624,900 to $921,580 for an average sales price of $731,062 or $213.77 per sq. ft. of living area.  These homes averaged 116 days on market prior to going under contract and the sales prices averaged 101% of the list price.

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.

Martin County Single Family Homes March 2017 Market Detail

Martin County Single Family Homes March 2017 Market Detail

The Martin County Single Family Homes Market Detail for March 2017 continues to show gains from last year though not quite as robust as last month’s gains.  Closed sales were up by 11.3% (was up by 17.8% in February). New pending sales decreased by 3.3% as compared to March of 2016 (Increased by 10.0% in February).

Prices continued to increase with the median sales price up by 8.7% from last year (up by 10.2% in February) while the average price increased by 8.0% (was up by 23.9% last month).

The inventory of available single family homes decreased from last month by 47 homes to 1,094 units for March,  this is 1.5% greater than last March.  Current supply of homes is 5.5 months, for March of last year it was a 5.2 months supply. (This is a 5.8% increase from last year).  Still a sellers 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 March 2017 Market Detail

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

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 March 2017 Market Detail

PGA Verano Villa Sold

PGA Verano Villa Sold

Verano villa in PGA

Now Sold.  10205 SW Ambrose Way in the gated Verano community in PGA of Port Saint Lucie, FL 34986.  This villa was listed for $269,900 and sold for $258,000. The buyer was introduced to this property by Gabe Sanders of Real Estate of Florida.

Verano villa in PGA Verano villa in PGA

Like new only better! Picture perfect villa overlooking the canal in PGA village Verano! Close to the front gate and a short walk to beautiful Club Talavera which boasts over 40,000 sq. ft. of social and fitness area, pool & spa!

Verano villa in PGA Verano villa in PGA

This Castellano Villa has 2 bedrooms, a den and 2 baths. This is a gently lived in villa which has beautiful porcelain tiles laid on the diagonal, granite counter tops, upgraded espresso cabinets, stainless steel appliance, crown molding throughout plus chair railing, plantation shutters throughout, French doors to the den, closet organizer in the master, leaded light front door, screened patio, hurricane impact glass throughout, 2 car garage plus room for a golf cart. It’s the perfect package!

Verano villa in PGA Verano villa in PGA

For currently available Verano and PGA Village homes, call 772-888-2885

PGA Verano Villa Sold

The Courtyards at Willoughby April 2017 Market Report

The Courtyards at Willoughby April 2017 Market Report

There are 2 homes for sale in the Courtyards at Willoughby for April 2017.  These homes are listed for $219,900 and $228,000 for an average of $223,950 which equals 129.72 per sq. ft. of living space.

There are 2 condos currently under contract.  List prices were $159,900 and $169,000 for an average list price of $164,450 which is $143.25 per sq. ft. of living space.  These condos were on the market for an average of 24 days before going under contract.

In the past 12 months, 3 condos have sold in the Courtyards of Willoughby with sales prices ranging from $144,500 to $215,000 for an average sales price of $183,500 and this equals $117.07 per sq. ft. of living space.  These condos sold for an average of 98% of list price with an average of 104 days on market before going under contract.

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 (April 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 April 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 April 2017 Market Report


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

Whitemarsh Reserve April 2017 Market Report

Whitemarsh Reserve April 2017 Market Report

In late April 2017 there are five homes available for sale in Whitemarsh Reserve.  List prices range from $189,999 to $277,000 for an average list price of $245,200 or $134.43 per sq. ft. of living area.

There are 6 townhouses that are under contract.  List prices for these pending sales are from $224,900 to $255,000 for an average list price of $237,450 which equals $121.89 per sq. ft. of living area.  The average days on market for these homes was 37 days before going under contract.

In the past 12 months, 19 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $203,000 to $252,500 for an average sales price of $233,842 which is $115.16 per sq. ft. of living area.  These homes averaged 49 days on market prior to going under contract and sold for an average of 96% of list price.

Whitemarsh Reserve in Stuart FL

About the Whitemarsh Reserve Townhomes in Stuart FL:

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve town homes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA fee as of April 2017 was just over $140 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting,  trash pickup and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, variety of great restaurants, shopping, gorgeous beaches and recreational activities.

Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve April 2017 Market Report

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

Florida Townhouses and Condos March 2017 Market Detail

Florida Townhouses and Condos March 2017 Market Detail

The Florida Townhouses and Condos Market Detail for March 2017 continued with strong sales activity.   Closed sales were up by 11.4% as compared to last months increase of 4.1% and new sales under contract (new pending sales) increased by 7.1% (In February there was a 0.5% increase).

Values continued to increase though at a strong pace.  Median sales prices were up by 9.4% (was up by 11.7% in February), while the average sales price increased by 10.7% (was up 8.5% in February).  As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory decreased by 0.1% from March of last year.  For March 2017 we have 6.3 months of inventory (was  6.4 months in February) and compared to 6.2 months for March 2016.  We remain in a balanced market for Florida townhouse and condo sales but are drifting slowly towards a buyers market in the past year. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos March 2017 Market Detail

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos March 2017 Market Detail

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 March 2017 Market Detail

The Falls of Jensen Beach April 2017 Market Report

The Falls of Jensen Beach April 2017 Market Report

For April 2017 there are 7 homes available for sale in the Falls of Jensen Beach.  Listing prices range from $437,500 up to $699,000 for an average list price of $547,495 or $170.18 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 $449,000 or $165.26 per sq. ft. of living area.  This home was on the market for 31 days prior to going under contract.

In the past 12 months, 11 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $450,000 up to $639,000 for an average sales price of $507,695 which is equal to $163.84 per sq. ft. of living area.  These homes averaged 128 days on market before going under contract and sold on average for 98% of listed price.

The Falls of Jensen Beach real estate

About the Falls in Jensen Beach FL:

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 April 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.

Florida Single Family Homes March 2017 Market Detail

Florida Single Family Homes March 2017 Market Detail

The Florida Single Family Homes Market Detail for March 2017 rebounded with increased activity from last March.  Closed sales were up by 9.3% (were down by 0.5% in February) and new sales under contract (new pending sales) were up by 3.6% (were down by 2.0% in February).

Both the median and average sales prices continued to rise from March 2016 to March 2017.  Up by 10.4% and 11.3% respectively, compared to February’s 12.5% and 9.5%.

The inventory of available homes for sale fell by 4.9% from last year.  For March there was a 4.1 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (March of 2016 had a 4.4 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 March 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes March 2017 Market Detail

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 March 2017 Market Detail