Martin County Townhouses and Condos January 2017 Market Detail

Martin County Townhouses and Condos Market Detail for January 2017 began the year with strong closed activity and weaker future activity with reduced pending sales. Closed sales for the month were up by 28.6% (was down by 26.2% in December) while new sales under contract (new pending sales) were down by 15.6% from January 2016 (increased by 11.8% in December).

Prices were down for January as the median sales price decreased by 15.6% (was down by 4.4% in December) while the average sales price decreased by 17.2% (was up by 0.9% in December) as compared to January 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 increased by 58 units to 485 properties as compared to last month. This is 15.5% greater than the January 2016 inventory. Currently, there’s a 5.2 month supply of inventory (a 23.8% increase from last year which was 4.2 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.

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

Martin County Single Family Homes January 2017 Market Detail

03.01.17 by Gabe Sanders

Martin County Single Family Homes January 2017 Market Detail

The Martin County Single Family Homes Market Detail for January 2017 began the year with reduced sales volume from last year yet an increase in pending sales. Closed sales were down by 24.0% (was up by 14.7% in December). New pending sales increased by 9.4% as compared to January of 2016 (Decreased by 21.6% in December).

Prices, however, increased with the median sales price up by 4.1% from last year (up by 11.6% in December) while the average price increased by 2.7% (was down by 9.3% last month).

The inventory of available single family homes increased from last month by 133 homes to 1,131 units for January, this is 13.2% greater than last January. Current supply of homes is 5.8 months, for January of last year it was a 4.8 months supply. (This is a 20.8% increase from last year). Drifting close to a balanced 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.

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

Inlet Village on Hutchinson Island Open House

03.01.17 by Gabe Sanders

Inlet Village on Hutchinson Island Open House

Hutchinson Island Riverfront Condo
Open House Tuesday March 7, 2017 from 9:30 a.m. to 11:30 a.m.
10 NE Plantation Road – Suite 205 – Stuart, FL 34996

Overview
Maps
Photos
Description
Neighborhood
Open House

$325,000

Enjoy the good life from this riverfront condo in Inlet Village on Hutchinson Island in Indian River Plantation. Gorgeous sweeping river views on the Intracoastal Waterway from your balcony. This is a 2 bedroom, two bathroom condo with an updated kitchen with Corian counter-tops. Separate laundry room with washer and dryer included. Covered under building parking and a heated pool and barbecue area are some of the amenities. All ages are welcome and each unit may have up to two large pets. Rentals are also permitted with a one month minimum. Residents (and tenants) have the option of joining the Ocean Club which provides golf privileges, fitness center, tennis club and beach club access. There is a full service marina on site as well. Make this your new home or a winter getaway from the cold north.

Main Features

2 Bedrooms
2 Full Bathrooms
Interior: 1,306 sqft
Year Built: 1982
MLS #: M20003206

Location

10 NE Plantation Road
205
Stuart, FL 34996
USA

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Social Media Sells Houses

02.28.17 by Gabe Sanders

Social Media Sells Houses

Have you checked your Facebook status today? Perhaps sent a Tweet? Or posted a selfie to your Instagram account? Well if you’re like 74 percent of Americans, your answer to at least one of these questions is probably yes.

Social media has become a vital facet and component of our everyday lives. Thanks to the World Wide Web, we now have the power to stay connected to friends and family members that are miles away, as well as to locate long lost friends and classmates with whom we’ve lost touch over the years. We can show off our new babies, our new pets, and our new cars via widely transmitted photos and videos. We can report good news about our work and family lives, and—in tougher times—can ask for advice, help and resources if needed.

That’s all way cool and all, as the kids today would say; but the most important question in our minds, of course, is, “Can one sell a home through social media?”

Well today the answer comes in the form of a loud, resounding yes. People do indeed advertise houses for sale across social media, just as they tout and advertise the cars, books, services, music, products, or anything else that people want to sell to customers and clients throughout the country.

In the good (but technologically underdeveloped) old days, a homeowner or real estate agent trying to sell a home had a limited number of options available. They could advertise their house in the real estate or classified ad section of the local newspaper, list it in a MLS (Multiple Listing Service) book, and post for sale signs outside the home itself. And, of course, they could host open houses that would give prospective buyers the opportunity to tour the residence.

Of course, home sellers do still have the option of marketing their house through these innovative and wonderful means. Yet today, they also have the option of Facebooking and Tweeting out their listing, posting a photo of your home on Instagram, and filming a video tour of the house that can be shown on YouTube, Vimeo, etc.

By using social media to market your home, you can reach millions of people across the country; some of whom may be looking to move to your area from a faraway place, and are in search of a place to live once they get there. You also can reach people already in your community, who can contact you to arrange an immediate showing—and, or so we hope, a sale!

Basically, the information superhighway has transformed our nation into one big neighborhood; a place where we can show—and sell—our houses to the very best effect.

If you want your home sold with the help of social media, give me a call at (772) 323-6996.

Holly Creek February 2017 Market Report

02.28.17 by Gabe Sanders

Holly Creek February 2017 Market Report

There are 2 home for sale in Holly Creek in Jensen Beach FL. These homes are listed for $189,000 and $249,900 which averages to $219,450 or $120.55 per sq. ft. of living area.

There are 4 homes under contract in Holly Creek. These homes were listed from $152,900 up to $300,000 for an average list price of $196,950 which works out to $128.76 per sq. ft. of living area. These homes averaged 50 days on the market before going under contract.

In the past 12 months, 6 homes and townhomes have sold in Holly Creek. Sales prices ranged from $$140,000 to $235,000 for an average sale price of $180,500 which equates to $121.20 per sq. ft. of living area. These homes averaged 64 days on the market before going under contract and sold for an average of 93% of listed price.

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.This home features lots of room with 2 BR, 2.5 Bath and 1 car garage with additional parking. Both bedrooms feature individual baths. New AC and the refrigerator has a water filter system. Private lanai and lushly landscaped grounds. This is a perfect starter home or a wonderful Florida vacation home during the cold northern winters. This home is in move in condition and ready for immediate occupancy. This home can qualify for the first time home buyers tax credit.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.

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Holly Creek February 2017 Market Report

Florida Townhouses and Condos January 2017 Market Detail

02.27.17 by Gabe Sanders

Florida Townhouses and Condos January 2017 Market Detail

The Florida Townhouses and Condos Market Detail for January 2017 began the year with mostly positive activity when compared to last year and the previous month. Closed sales were up by 6.2% as compared to last months decrease of 5.2% and new sales under contract (new pending sales) increased by 6.5% (In December there was a 2.1% decrease).

Values continued to increase though at a more moderate pace. Median sales prices were up by 6.6% (was up by 7.7% in December), while the average sales price increased by 4.0% (was up 4.2% in December). 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 increased by 6.3% from January of last year. For January 2017 we have 6.4 months of inventory (was 6.0 months in December) and compared to 5.8 for January 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.

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 January 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 January 2017 Market Detail

Kingswood Condo February 2017 Market Report

02.27.17 by Gabe Sanders

Kingswood Condo February 2017 Market Report

February 2017 Market Update:

There are 12 condos currently for sale in the Kingswood condo community of Stuart FL. Listing prices are from$68,000 to $199,900 for an average list price of $110,346 which equals $91.69 per sq. ft. of living area.

There are currently 3 condos under contract with list prices from $65,000 up to $129,500 for an average list price for these pending sales of $99,900 or $85.88 per sq. ft. of living area. These two condos averaged 38 days on the market before going under contract.

26 condos have sold in the past 12 months. Ranging in sales price from $52,000 up to $115,000. The average sales price was $81,519 which works out to $74.61 per sq. ft. of living area. These condos sold on average of 78 days on market before going under contract and with sales prices at 94% of list price.

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

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Kingswood Condo February 2017 Market Report

Florida Single Family Homes January 2017 Market Detail

02.26.17 by Gabe Sanders

Florida Single Family Homes January 2017 Market Detail

The Florida Single Family Homes Market Detail for January 2017 showed continued positive sales activity from last year, though at a reduced rate of growth. Closed sales were up by 5.2% (was up by 0.8% in December) and new sales under contract (new pending sales) were up by 3.8% (was down by 1.1% in December).

Both the median and average sales prices continued to rise from January 2016 to January 2017. Up by 10.1% and 4.0% respectively, compared to December’s 9.2% and 2.0%.

The inventory of available homes for sale fell by 0.7% from last year. For January there was a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (January of 2016 had a 4.3 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.

Click here to view or download the full report:

Florida Single Family Homes January 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 January 2017 Market Detail

Danforth in Palm City February 2017 Market Report

02.26.17 by Gabe Sanders

Danforth in Palm City February 2017 Market Report

As of February, 2017:

There are currently 2 active listings for sale in Danforth. The list prices for these Danforth homes are $424,500 and $475,000 for an average list price of $449,750 or $173.54 per sq. ft. of living area.

3 homes are currently under contract. The list prices of these pending sales range from $349,500 up to $450,000 with the average being $388,000 which equates to an average price per sq. ft. of living area of $171.00. These 3 homes averaged 98 day on the market before going under contract.

In the past 12 months 18 homes have sold in Danforth. The sales prices ranged from $$300,000 up to $450,000. The average sales price was $382,981 or $159.40 per sq. ft. of living area. These sold listings averaged 44 days on the market before going under contract and sold at 97% of the list price.

Danforth in Palm City Florida is wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel. Well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools. Both of these schools are top rated in the Martin County school system as well as in the State of Florida.

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities. Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart. Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.

Danforth features low HOA fees of $328.00 per quarter (as of July 2017). Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001. This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes. Here is the Danforth Home Owners Association web site. Danforth just added an remote code controlled entry gate system in 2014.

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Danforth in Palm City February 2017 Market Report

Make Your House a Work of Art

02.25.17 by Gabe Sanders

Make Your Stuart House a Work of Art

Your house is a work of art; or at least it can be, in the hands of the right Realtor.

When you list your home for sale with a Realtor, rest assured that he/she will use a vast variety of marketing tools available in their professional arsenal to display and present your home to the very best effect; up to and including the portrayal of your home as a virtual work of art—and in a variety of interesting and increasingly high tech means:

1. The Realtor will photograph your home. Just about any residential sales listing will come complete with beautiful high definition photographs that showcase both the interior and exterior of your home. These pictures might appear on the Realtor’s website, in newspaper ads, and in the pages of real estate magazines, and will come accompanied by vivid and detailed written descriptions that also serve to define the benefits and selling points of your residence.

2. The Realtor will videotape your home. Many real estate professionals offer professional-style video shoots that capture the beauty and complexity of your residence; footage that will be streamed in the form of virtual home tours; videotaped open houses, so to speak, that will show interested home buyers every nook and cranny of your residence—and in what is literally in the best possible light.

3. The Realtor will draw your home. Even before the modern age of video and graphics, real estate professionals employed the use of detailed pen and paper illustrations in an effort to sell homes. These drawings could take the form of basic but defined illustrations created with a pencil, or a beautiful painted rendering that bears a strong likeness to a work of art. Traditionally real estate renderings have been included in packages along with press releases that advertise the sale of the home, and also have been printed as part and parcel of home for sale advertisements; whether they appear in newspapers, listing books and home magazines. These days one also can find renderings on the Realtor’s website, as a supplement to videos and high definition photographs that also show off the residence to the very best effect.

4. The Realtor will show your home. We all know that video, graphics and just the right lighting are not all that makes your home beautiful. Through open houses and prescheduled showings of your home, you and your Realtor can show potential buyers that your home truly is a work of art.

If you’re ready to list your Stuart (or Treasure Coast) house, give me a call (772-323-6996).

Gabe Sanders

Stuart FL Real Estate

Suntide Oceanfront Condo 104 Under Contract

02.25.17 by Gabe Sanders

Suntide Oceanfront Condo 104 Under Contract

Suite 104 in Suntide is now pending, though backup offers are being accepted. View more pictures and information about this condo here.

A spacious condo with just under 1,800 sq. ft. of living area in the Suntide Condominium of Stuart FL. This 2 bedroom, 2 bathroom condo has been well maintained and offers ample storage as well as plenty of flex room if you need more space for additional visitors. The enclosed patio offers great peeks at the Ocean and green space. This first floor condo also has additional storage, under building parking, community pool, sundeck, exercise room, clubhouse with kitchen and party area as well as billiards and a game room. All in a wonderful oceanfront location that is close to the Publix market as well as downtown Stuart.

About Suntide Condos on Hutchinson Island

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the Suntide Building is one of the premier ocean front condos in Stuart, Florida. Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking. There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes. The largest of these feature an office, sitting room than can possibly double as an extra bedroom. Many units have direct and unspoiled ocean views. One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

As of November 2016, condo fees in Suntide varied from $450 to $570 a month depending on the size of the condo. This fee includes Cable, Common Areas, Elevator, Insurance-Bldg, Lawn Care, Manager, Master Antenna/TV, Parking, Pest Control, Reserve Funds, Roof Maintenance, Sewer and Water.

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Hobe Sound FL 33455 Condo Market Report January 2017

02.24.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report January 2017

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

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

There are currently 13 active condo listings. (Up by 2 condos from December)

1 Condo is pending and awaiting close. (Down by 1 pending condo from December)

14 Condos sold in January. (Increased by 10 closed sales from December)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. This was a big month for closed sales, the best for the year in Hobe Sound Condos. Inventory remains challenged and only 1 pending sale for the month.

The absorption rate for Hobe Sound condos was 0.9 months for January (was 2.75 in December). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The January 2016 numbers were: 6 active listings, 2 pending sales and 0 closed sales. It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

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Hobe Sound FL 33455 Condo Market Report January 2017

Windstone Palm City February 2017 Market Report

02.24.17 by Gabe Sanders

Windstone Palm City February 2017 Market Report

As of February, 2017:

There is currently 1 active listing for sale in Windstone. This home is listed at $630,000 which is $188.45 per sq. ft. of living area.

There are 2 homes under contract and awaiting sale in Windstone. These homes were listed for $549,000 and $639,000 for an average list price of $594,000 or $204.59 per sq. ft. of living area.

In the past 12 months 5 homes have sold in Windstone. The sales prices ranged from $475,000 to $580,000. The average sales price was $519,000 which equals $172.90 per sq. ft. of living area. These sold listings averaged 164 days on the market before going under contract and sold for 96% of the list price.

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City February 2017 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Larger lot sizes of half acre and more in these newer homes are the rule. The neighborhood itself is very un-crowded with only 110 existing homes. Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City February 2017 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone Palm City February 2017 Market Report is within close range to “A” rated school, I-95 and Florida’s turnpike making this a great place for locals or commuters to call home!

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Windstone Palm City February 2017 Market Report

Hobe Sound FL 33455 Residential Market Report January 2017

02.23.17 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report January 2017

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

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

There are currently 232 active listings. (Up by 26 homes from December)

78 Residential sales are pending and awaiting close (Up by 19 homes from December)

27 Homes Sold in January (Down by 13 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed a drop in closed sales from last month along with an increase in listings. Pending sales look good, however, for future closed activity.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 8.6 months (5.2 months in December). Once again, a buyers’ market for Hobe Sound residential real estate. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2016 were: 212 active listings, 76 pending sales and 35 closed sales. Slightly weaker activity with a little bit more inventory this year.

Search here for Hobe Sound Florida Real Estate for Sale

Land Properties

- Land Properties for Sale in Hobe-Sound, Florida Between $0 – $500,000
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Hobe Sound FL 33455 Residential Market Report January 2017

Lakeside Condos Indian River Plantation February 2017 Market Report

02.23.17 by Gabe Sanders

Lakeside Condos Indian River Plantation February 2017 Market Report

For February 2017, there are 6 active active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island. The listing prices for these condos ranged from $149,000 to $289,000 for an average list price of $240,650 which works out to $245.31 per sq. ft. of living area.

There are 3 condos under contract and awaiting settlement. These condos were listed from $149,900 up to $295,000 for an average of $204,933 or $238.10 per sq. ft. of living area, These two condos averaged 96 days on the market before going under contract.

In the past 12 months, 6 condos have sold in Lakeside with sales prices ranging from $142,000 to $255,000 for an average sales price of $204,933 which is $253.96 per sq. ft. of living area. These condos sold for an average of 96% of the list price and in an average of 43 days on market (before going under contract).

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then the Lakeside Condos of Indian River Plantation might just be the place for you.

These Lakeside Condos are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west. Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation. There are 74 units built in 1980. Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedroom, 3 bath units with 1323 sq. ft. of living area. This is a pet friendly complex that will allow up to two large pets. At the time of this writing the condo association fees were $375.00 a month.

The Lakeside Condos at Indian River Plantation are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation. Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Lakeside Condos Indian River Plantation February 2017 Market Report

Jensen Beach FL 34957 Condo Market Report January 2017

02.22.17 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report January 2017

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

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

There are currently 132 active listings. (Decreased by 2 condos from December)

43 Condo sales are pending and awaiting settlement. (Up by 17 condos from December)

16 Condos Sold (Down by 3 condos from December)

The Jensen Beach FL 34957 Condo Market Report for January showed fewer closed sales bu a very strong rise in pending sales which should result in better closed activity for the next few months.

The one month absorption rate for the January 2017, Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.25 months (from 7.1 months in December), a little stronger buyers’ market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The January 2016 numbers were: 39 active listings, 19 pending sales and 6 condos closed. We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

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Jensen Beach FL 34957 Condo Market Report January 2017

Pipers Landing February 2017 Market Report

02.22.17 by Gabe Sanders

Pipers Landing February 2017 Market Report

There are currently 36 active listings for sale in Pipers Landing. List prices for these homes range from $75,000 to $1,399,000 for an average list price of $271,667 which equals $94.28 per sq. ft. of living area.

As of this time there are 2 homes and 1 condo under contract which haven’t closed to date. List prices for these properties ranged from $49,900 to $375,000 for an average of $181,633 which is $68.48 per sq. ft. of living area. These three homes averaged 535 days on market before going under contract.

In the past 12 months 16 homes have sold in Pipers Landing. The sales prices ranged from a low of $25,000 up to $560,000. The average sales price was $194,031 or $58.85 per sq. ft. of living area. These sold listings averaged 127 days on the market before going under contract and sold at an average of 80% of the list price.

A true world class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds. This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.

This is an equity golf course community (membership is mandatory). Championship Joe lee designed course (6,832 yards) offering five different levels of play for all abilities. Homes include spacious condos to spacious waterfront estate homes. All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

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Pipers Landing February 2017 Market Report

Jensen Beach FL 34957 Residential Market Report January 2017

02.21.17 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report January 2017

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

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

There are currently 198 active listings. (Up by 15 homes from last month)

72 Residential sales are pending and awaiting close or lender approval. (Increased by 19 homes from December)

34 Homes Sold (Up by 1 home sale from December)

The Jensen Beach FL 34957 Residential Market had an increase in inventory (as did most segments of the Martin County residential market). Pending sales were up and closed sales rose by one home from last month.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.8 months ( was 5.5 months in December). Still in a sellers’ market for the Jensen Beach residential real estate segment but getting very close to a balanced market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The January 2016 numbers were: 137 active listings, 60 pending sales and 30 home sales closed. Considerably greater inventory this year and only slightly greater closed sales numbers. The pending sales look strong.

Jensen Beach FL 34957 Residential Market Report January 2017

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