Palm City FL 34990 Condo Market Report January 2017

02.20.17 by

Palm City FL 34990 Condo Market Report January 2017

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

 

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



There are currently 91 active condo listings. (Increased by 5 condos from December)

   Palm City FL 34990 Condo Market Report January 2017

8 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

Palm City FL 34990 Condo Market Report January 2017

5 Condos Sold in January. (Up by 1 condos from December)

Palm City FL 34990 Condo Market Report January 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  The inventory continues to rise while closed and pending sales are basically holding steady.

The current absorption rate for condos in the 34990 zip code area decreased to 18.5 months (was 21.5 months in January). Still an extreme buyers’ market for Palm City condominiums but trending in the right direction.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The January 2016 numbers were: 64 active listings, 9 pending sales and 2 closed sales.   Better closed sales numbers this year, but this is with a considerable increase in inventory.
Palm City FL 34990 Condo Market Report January 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 January 2017

VilaBella Town-Home Condos in Stuart FL February 2017 Update

02.20.17 by
VilaBella Town-Home Condos in Stuart FL February 2017 Update
 
In February of 2017 there is only 1 townhome for sale in VilaBella.  This home is listed for $178,888 which is $121.36 per sq. ft. of living area.
There are two pending sales currently in Vilabella. List prices were $174,900 and $183,000 for an average of $178,950 which equals $122.68 per sq. ft. of living area.  These two townhomes averaged 11 days on market prior to going under contract.
In the past 12 months, 4 homes have sold with sales prices ranging from $142,340 up to $182,500 with an average sales price of $165,460 which equals $110.21 per sq. ft. of living area.  These sales averaged 62 days on market before going under contract and sold at 94% of list price.
VilaBella Central Parkway Condos in Stuart, Florida

Entrance to VilaBella Town-Home Condos


These new condominiums located in Stuart are just minutes from it all! Located on Central Parkway connecting the two main roads of Kanner Highway and US-1, VilaBella allows residents easy access to all Stuart has to offer but also keeps residents in a peaceful secluded haven. Modern and pet friendly condominiums feature stainless steel appliances with granite counter tops in the kitchen and in the bathrooms. All units have one car garages and terraces with beautiful views of this well landscaped gated community. Hurricane shutters are included with all units. Residents can enjoy a spacious club house with picnic areas and a community swimming pool. VilaBella is close to great schools, downtown Stuart and the gorgeous Stuart beaches!

VilaBella Town Home Condos in Stuart, Florida

VilaBella Town Home Condos

VilaBella Town Home Condos in Stuart, Florida

Community Pool in VilaBella Town Home Condos


Search Here for VilaBella Town Home Condos for Sale

VilaBella Town-Home Condos in Stuart FL February 2017 Update

 

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

Palm City FL 34990 Residential Market Report January 2017

02.19.17 by

Palm City FL 34990 Residential Market Report January 2017

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

 

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

 

There are currently 421 active listings (Increased by 5 homes from December)

Palm City FL 34990 Residential Market Report January 2017

125 Residential sales are pending and awaiting close or lender approval. (Up by 32 homes from last month)

Palm City FL 34990 Residential Market Report January 2017

52 Homes Sold in December (Down by 13 homes from December)

Palm City FL 34990 Residential Market Report January 2017

The Palm City FL, zip code 34990 residential real estate market had a small increase in inventory and very strong pending sales numbers which should result in a higher sales volume on the coming months.  Closed sales were off for the month.
The monthly absorption rate increased to 8.1 months from 6.4 months in December.  Back into a buyers’ 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 January 2016 numbers were:  400 active listings, 156 pending sales and 49 closed sales.  Just a small increase in sales when compared to last year with fewer pending sales and a greater inventory.

Palm City FL 34990 Residential Market Report January 2017

 Search here for Palm City Florida Real Estate for Sale

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

 

Palm City FL 34990 Residential Market Report January 2017

The Yacht and Country Club of Stuart February 2017 Market Report

02.19.17 by

The Yacht and Country Club of Stuart February 2017 Market Report

February 2017 Market Update:

There are 17 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $244,850 to $1,795,000 for an average list price of $692,844 which works out to $189.70 per sq. ft. of living area.

There are currently 6 homes under contract ranging in list price from $449,000 up to $799,000.  The average list price of these pending sales is $559,333 or $187.70 per sq. ft. of living area.  These homes averaged 195 days on market before going under contract.

23 homes have sold in the past 12 months.  Ranging in sales price from $183,000 to $1,400,000.  The average sales price was $508,516 which comes out to $155.15 1 per sq. ft. of living area.  These homes went under contract in an average of 158 days with sales prices averaging for 93% of list price.

 
The Yacht and Country Club of Stuart, Florida Golf Course

One of the first gated golf communities in Martin County, the , Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast.  This fine gate guarded community boasts water front homes that are only minutes from the Saint Lucie inlet and the Atlantic Ocean.  Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The Yacht and Country Club of Stuart, Florida Clubhouse

The ‘Stuart’ golf course at the Yacht  & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71 . The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.

The Yacht and Country Club of Stuart, Florida Canal

The clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a a resident massage therapist.  Tennis is provided by ix lighted Har-tru tennis courts and also residents are provided with two lighted croquet lawns.

The Yacht and Country Club of Stuart, Florida Homes

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.

The Yacht and Country Club of Stuart, Florida Homes

Truly a wonderful place to call home.

 

Search here for available homes in the Yacht and Country Club of Stuart, Florida
Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart February 2017 Market Report

Stuart FL 34997 Condo Market Report January 2017

02.18.17 by

Stuart FL 34997 Condo Market Report January 2017

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

 

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

There are currently 80 active condo listings (Decreased by 3 condos from December).

Stuart FL 34997 Condo Market Report January 2017

34 Condo sales are pending and awaiting close or lender approval (Up by 5 condos from December).

Stuart FL 34997 Condo Market Report January 2017

15 Condos Sold in January (Increased by 4 condos from December).

Stuart FL 34997 Condo Market Report January 2017

     The Stuart FL condo market for zip code 34997 showed a strong start to the beginning of 2017 with increases in both pending and closed sales.
     The absorption rate dropped to 5.3 months in January from 7.5 months for December.  Back into a 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 January 2016 numbers were: 79 active listings, 29 pending sales and 8 closed sales.  Considerably improved activity for this year as compared to 2016.

Stuart FL 34997 Condo Market Report January 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

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

 

 

Mariner Sands February 2017 Market Report

02.18.17 by

Mariner Sands February 2017 Market Report

For late February 2017 there are 65 properties for sale in Mariner Sands.  These 65 properties include a mix of condos and homes.  The list prices range from $150,000 up to $899,000 for an average list price of $415,265 which works out to $155.59 per sq. ft. of living area.

There are 9 homes under contract (pending) which have not completed the sales process to date.  List prices were from $172,000 up to $645,000 for an average of $374,644 or $154.64 per sq. ft. of living area.  These homes averaged 149 days on market prior to going under contract.

In the past 12 months, 32 homes and condos have sold.  Sales prices ranged from $128,000 up to $772,000 for an average sales price of $368,211 which equals $143.91 per sq. ft. of living area.  These homes averaged 107 days on the market before going under contract and sold on average at 92% of the last listed price.

About Mariner Sands

Clubhouse of Mariner Sands Golf Club in Stuart Florida

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Chapel in Mariner Sands Golf Club in Stuart Florida

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics as well as tournaments keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

Golf Course of Mariner Sands Golf Club in Stuart Florida

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

Golf Views of Mariner Sands Golf Club in Stuart Florida

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has it’s own chapel. It has multi-denominational worship services and is host to art classes, a library and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Golf in Mariner Sands Golf Club in Stuart Florida

Monthly HOA fees vary greatly depending on the home’s location and for condos.  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  Currently (as of October 2016) there’s a one time non-refundable capitol contribution of $20,000 for anyone purchasing a Mariner Sands residence.

 Search for Mariner Sands Golf Club Homes for Sale

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Mariner Sands February 2017 Market Report

Stuart FL 34997 Residential Market Report January 2017

02.17.17 by

Stuart FL 34997 Residential Market Report January 2017

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

 

There are currently 354 active listings (Increased by 20 homes from December).

Stuart FL 34997 Residential Market Report January 2017

169 Residential sales are pending and awaiting close or lender approval (Up by 49 homes from December).

Stuart FL 34997 Residential Market Report January 2017

61 Homes Sold in January (Decreased by 8 homes from December)

Stuart FL 34997 Residential Market Report January 2017

      The Stuart Florida Residential Market for ZIP Code 34997 started the year with a big jump in inventory and a lower number of closed sales.  Pending sales, however, look very strong.
     The absorption rate decreased to 5.8 months (was 4.8 months for December).  Just about back to a balanced market, only a slight sellers’ one for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for January, were: 299 active listings, 156 pending listings, and 88 closed sales.  Higher inventory this year and lower volume of closed sales.  Though, pending sales look strong.
Stuart FL 34997 Residential Market Report January 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 January 2017

 

How to Sell a Fixer Upper

02.17.17 by

How to Sell a Fixer Upper

fixer upper

So you plan to sell a home that some might call a fixer upper. In other words, this is a residence that—while attractive, high quality and structurally sound overall—is in need of a little work. And the person who buys this residence will be the one responsible for any repairs, remodels or refurbishments that might be needed in order to optimize the house’s potential; in other words, to morph this particular house into their ultimate dream home.

Just how do you market and sell a home that—or so you admit from the outset—is not exactly perfect? How do you sell a fixer upper? Read on for some ideas:

1. Don’t call it a fixer upper. Sorry to be royal wise acres here; but the fact is that some home buyers automatically reject homes that are labelled as fixer uppers. They may fear that fixer upper is a surefire synonym for Residential Disaster, This Property Condemned or Official Set Location for the Next Amityville Horror flick. Not these synonyms would be anywhere close to true, accurate or applicable, but the fact remains that phrases such as fixer upper might trigger unfairly awful images in the mind of many potential buyers.

2. Don’t call it a challenge, a repair project, or a house with potential, because…well, for pretty much all the same reasons we just mentioned. And we probably don’t need to say that phrases like “money pit” are out of the proverbial question; particularly if potential home buyers have seen the 1996 Tom Hanks and Shelley Long comedy movie that showed us exactly what a “money pit” really is! Hint, it hate pretty!

3. Always point out the home’s positive attributes before you detail those aspects that may need some work or improvement. Accentuate the positive before you delve into the negative; OK, so that doesn’t make for such a catchy song title, but it is sound advice in regards to selling a fixer upper (except, of course, we’re not calling it a fixer upper. Shhh….).

4. Assure all potential buyers that your home is safe, clean and stable; and that it has passed any and all required safety and building inspections with flying colors. Assure those who may be interested in purchasing the residence that they can safely reside in the place “as is”; however, they may need to do a bit of work to morph their safe, decent house into the home of their dreams.

Need help selling a Martin County fixer upper?  Give me a call at (772) 888-2885

Stuart FL 34996 Condo Market Report January 2017

02.16.17 by

Stuart FL 34996 Condo Market Report January 2017

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

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

There are currently 170 active condo listings (Up by 17 condos from last month).

Stuart FL 34996 Condo Market Report January 2017

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

Stuart FL 34996 Condo Market Report January 2017

22 Condos Sold in January (Up by 2 condos from December) 

Stuart FL 34996 Condo Market Report January 2017

The Stuart FL 34996 Condo Market of Stuart had small gains from last month with sales up slightly.  A fairly large jump in inventory along with a decrease in pending sales is a little troubling.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 remained basically unchanged at 7.7 months from December’s 7.65 months.  Remaining in a buyers 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 January 2016 were: 123 active listings, 37 pending sales and 11 closed sales.  Somewhat better closed activity for this year when compared with last year, but with a much larger number of condos available for sale.

Stuart FL 34996 Condo Market Report January 2017

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report January 2017

South Sewalls Point Vacant Lot – New Price

02.16.17 by

South Sewalls Point Vacant Lot – New Price

 Sewalls Point real estate

Reduced to $195,000 this is one of the last remaining close to the Indian River lots in Sewalls Point.  Very conveniently located on the corner of South Sewalls Point Rd and Herons Nest in the Rio Vista section of Sewalls Point is one of the few remaining buildable parcels of land with potential Intracoastal Views of the wide Indian River.  This is an excellent opportunity for a dream home in a much sought after location for a great price.

Sewalls Point real estate Sewalls Point real estate

Vacant buildable lot in Sewalls Point that has been cleared and is ready for your dream home.  There is a good potential for a home with water views built in this location.  Lot is just over 1/3 of an acre and will most likely require a home to be built on pilings (flood zone).  Great location with excellent schools, close to beaches, downtown Stuart, shopping and restaurants.  There aren’t very many of these opportunities left in Sewalls Point.

Sewalls Point real estate

MLS-Search-small-e12889727557434

Search here for all Sewalls Point vacant lots for sale.

About Sewalls Point

Sewall’s Point is a charming peninsula town located on the eastern side of Martin County, Florida. Once more of a vacation town, Sewall’s Point now is home to many younger families and full-time residents. Surrounded by water on its north, south and west, this unique community is famous for its waterfront homes and is often called a boaters’ paradise.

Sewalls Point: Ideal for Water Lovers

Sewall’s Point real estate offers wide water views of the Saint Lucie River, the Indian River, and the Intracoastal Waterway.

The tree-lined streets feature beautiful estate homes, many of which are waterfront with docks.

Look Forward to a High Quality of Life in Sewalls Point, Florida

With a population of about 2,000 residents, Sewall’s Point boasts a high quality of life with small-town character, while offering the amenities of a large town, such as shopping malls, restaurants, big-name chains, three nearby medical centers and more.

  • Enjoy nearby beautiful beaches and an abundance of aquatic activities.
  • Go fishing in one of the many bodies of water surrounding Sewall’s Point.
  • Be a part of the excellent school system in Martin County.
  • Travel only a few minutes by boat to Manatee Pocket a harbor with marinas, waterfront restaurants, and tackle stores.
  • Shop or just browse at the Shoppes of Harbour Bay Plaza featuring specialty shops.
  • Take classes at one of the seven institutions of higher educations within an hour’s drive.
  • Bring your children to the Children’s Museum of the Treasure Coast, offering 12,000 square feet of interactive exhibits.
  • Experience Indian River Park’s famous Interactive Fountain, hiking trails, and pier.
  • Attend one of the many local events held at Indian Riverside Park throughout the year such as Pet Fest and Concerts in the Park held once a month on a Sunday from January through May.

Sewalls Point is a Uniquely Charming Place to Live!

The unique charm of Sewall’s Point real estate is reflected in the variety ofhomes in Sewall’s Point. Properties to meet the needs and tastes of everyone are found in the Sewall’s Point real estate market. Whether you are looking for an upscale, multi-million-dollar estate or a more modest home, there is something special for everyone in the Sewall’s Point real estate market.

Home-Buying on the Sewalls Point Housing Market

Whatever your style, need, taste or desire in a home, we can meet your Sewall’s Point real estate needs. When you purchase or sell a home within the Sewall’s Point real estate market, we are able to provide you with the expertise you need and the service you want.

South Sewalls Point Vacant Lot – New Price

Stuart FL 34996 Residential Market Report January 2017

02.15.17 by

Stuart FL 34996 Residential Market Report January 2017

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

 

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

 

There are currently 180 active listings (Up by 11 homes from December).

Stuart FL 34996 Residential Market Report January 2017

43 Residential sales are pending and awaiting close or lender approval (Up by 12 homes from December).

Stuart FL 34996 Residential Market Report January 2017

10 Homes Sold in January (Decreased by 7 homes from December).

Stuart FL 34996 Residential Market Report January 2017

The 34996 zip code area of the Stuart Florida residential real estate market slowed for the beginning of 2017 with an increase in inventory and a decrease in closed sales.  Pending sales remain strong so we should see improved numbers in the next few months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January jumped to 18.0 months as compared to December’s 9.9 months.  Once again a strong buyers’ market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January of 2016 were: 160 active listings, 42 pending sales and 10 closed sales.  Very similar closed and pending sales, though there’s greater inventory for this year.

Stuart FL 34996 Residential Market Report January 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 January 2017

Mariner Village February 2017 Market Report

02.15.17 by

Mariner Village February 2017 Market Report

For February 2017, there are 7 homes for sale in the Mariner Village gated community of Stuart FL.  These homes range in asking prices from $269,900 to $338,500 with an average list price of $292,900 which equals $157.99 per sq. ft. of living area.

There are currently 5 homes with pending sales that have not closed to date.  These homes were listed from $264,900 up to $324,900 for an average list price of $297,540 or $153.85 per sq. ft. of living area.  These homes averaged 69 days on market before going under contract.

In the past 12 months, 21 homes have sold in Mariner Village.  Sales prices ranged from a low of $$165,000 up to a high of $350,000 for an average sales price of $283,995 which works out to $145.26 per sq. ft. of living area.  These homes sold for an average of 97% of the last list price and were actively on the market for an average of 73 days.

About Mariner Village

Mariner Village sign

Mariner Village is a gated community in the very southern section of Stuart FL, adjacent to the Hobe Sound area of Martin County.  This community consists of 330 homes that were built between 1992 and 2000.  Home sizes range from 2 bedroom, 2 bath homes with around 1,600 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 3,000 sq. ft. of living area.

entrance to Mariner Village

Many homes have private preserve views and there are a number of homes with lake views.  All Mariner Village homes have 2 car garages and some have private in-ground swimming pools.

Community Pool in Mariner Village

Community amenities include a heated pool, 2 tennis courts and 2 basketball courts as well as a nature trail through the preserves.

tennis courts in Mariner Village

The HOA fees (as of February 2017) are $570 per quarter and include front lawn maintenance, basic Cable TV, trash pickup and maintenance of all the common areas. 2 large pets are permitted as well as rentals with some restrictions.

lake in Mariner Village

Mariner village is conveniently located close to shopping, restaurants, beaches, medical facilities and belong to Martin County’s ‘A’ rated school system

Stuart FL 34994 Condo Market Report January 2017

02.14.17 by

Stuart FL 34994 Condo Market Report January 2017

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

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

 

There are currently 91 active condo listings (Up by 5 condos from December).

Stuart FL 34994 Condo Market Report January 2017

40 Condo sales are pending and awaiting close or lender approval. (Increased by 4 condos from last month) 

Stuart FL 34994 Condo Market Report January 2017

18 Condos Sold in January (Up by 5 condos from December).

Stuart FL 34994 Condo Market Report January 2017

The Stuart FL 34994 Condo market had a very strong start for the 2017 year with an increase in both closed and pending sales.

The absorption rate for January dropped to 5.1 months compared to last month’s 6.6.  Moving back into a buyers’ 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 January the numbers were 102 active listings, 28 pending sales, and 15 closed sales.   Considerably better activity for the beginning of 2017 as compared to last January with less inventory.

Stuart FL 34994 Condo Market Report January 2017

Stuart, FL Real Estate

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

Highlands Reserve February 2017 Market Update

02.14.17 by

Highlands Reserve February 2017 Market Update

There are currently 13 homes actively listed in Highlands Reserve for February of 2017 in Palm City, Florida.  Prices range from $364,900 up to $949,900.  The average list price is $540,583 which equals $164.81 per square foot of living area.

There is only 1 home under contract awaiting closing.  This home was listed for $599,990 or $138.09 per sq. ft. of living area.  This home went under contract 7 days after it was listed.

In the past 12 months, 34 homes have sold in Highlands Reserve with an average sales price of $482,227 at $156.88 per square foot of living area.  Actual sales prices ranged from $284,000 to $775,000.  These homes averaged 105 days on market and sold at 96% of listed price.Highlands Reserve real estate in Palm City FL

 Highlands Reserve is one of the newest upscale communities in this section of Martin County. Enter the magnificent gates and surround yourself with the well appointed amenities of the clubhouse and natural beauty of this community. Included are paths into winding nature trails will offer dramatic views of surrounding natural preserves and serene lakes.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Located only seconds from I-95 and within minutes of shopping, beaches and the laid back easy lifestyle of Martin County. Perfect for the family with an ‘A’ rated school system. Only 30 minutes to West Palm Beach and 2 hours to Orlando.

Highlands Reserve real estate in Palm City FL Highlands Reserve real estate in Palm City FL

Low HOA fees of $315.00 per month include landscaping and irrigation as well as the security gate, use of the full service clubhouse with large pool and state of the art fitness center.  Lounge and kitchen for private parties and occasions.

Highlands Reserve real estate in Palm City FL

Highlands Reserve is a D. R. Horton community and new construction homes are still available.  There are usually some excellent offers available through Realtors.  Call us today for our new construction special rebate program.

Highlands Reserve real estate in Palm City FL

Give us a call for the full line of exceptional new homes available in Highland Reserve in Palm City, FL.

Search for Highlands Reserve Homes for Sale

the Gabe Sanders real estate team

Stuart Florida Real Estate

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

Highlands Reserve February 2017 Market Update

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

02.13.17 by

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

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

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

There are currently 74 active listings (Increased by 22 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

22 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential January 2017

7 Homes Sold in December (Down by 12 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida began 2017 with a drop inactivity along with a big jump in inventory.

The one month absorption rate for the 34994 zip code for January jumped to 10.6 months from 2.7 months for December.  Into a buyers’ market for the first time in quite some time for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The January 2016 numbers were 59 Active Listings, 14 pending sales and 10 closed sales.  A big jump in inventory along with a drop in closed and pending sales from last January.

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

Search here for Stuart Florida Real Estate for Sale

 

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

 

Stuart, FL Real Estate

Business Opportunity Properties

Commercial Properties

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Residential Income Properties

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

Inlet Village February 2017 Market Report

02.13.17 by

Inlet Village February 2017 Market Report

There are 6 condos for sale in Inlet Village in February of 2017.  List prices range from $165,000 to $325,000 for an average list price of $257,800 which is $237.66 per sq. ft. of living area.

There is one condo currently under contract.  This condo was listed for $234,900 or $226.08 per sq. ft. of living area.  This condo went under contract 63 days after being listed.

In the past 12 months, 7 condos have sold in Inlet Village.  Sales prices ranged from $151,000 up to $305,000 for an average sales price of $220,643 which equal $219.80 per sq. ft. of living area.  These condos sold for an average of 91% of list price and were on the market for an average of 64 days,

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with seeping views of lakes and the Indian River Plantation golf course.

Inlet Village in Indian River Plantation

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have a enjoyable lunch.

Inlet Village in Indian River Plantation

Inlet Village is one of the few pet friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees (as of January 2017) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Search for Inlet Village Condos for Sale

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

Sewalls Point Single Family Market Report January 2017

02.12.17 by

Sewalls Point Single Family Market Report January 2017

Sewalls Point Real Estate Snapshot, Residential Sales for January 2017

There are currently 67 active listings (Up by 5 homes since last month)

Sewalls Point Single Family Market Report January 2017

11 home sales are pending and awaiting close or lender approval (Increased by 1 home from December)

Sewalls Point Single Family Market Report January 2017

4 Homes sold in December (Decreased by 7 homes sales from December)

Sewalls Point Single Family Market Report January 2017

The single family real estate market in Sewalls Point retreated dramatically after a strong December.  Inventory rose while closed sales were way off.

The current absorption rate shot up to 16.8 months, in December it was 5.6 months.  Quite the see-saw ride for the Sewalls Point real estate market going back into a buyers’ market.  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 January 2016, the inventory was 57 homes on the market, 15 pending sales and there were 4 closed sales.  Identical number of closed sales while less pending and greater inventory for this year when compared with last January.

Sewalls Point Single Family Market Report January 2017

 Search below for Sewalls Point Florida Real Estate for Sale

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Sewalls Point Single Family Market Report January 2017

 

Gull Harbor February 2017 Market Report

02.11.17 by

Gull Harbor February 2017 Market Report

There are currently 3 homes for sale in Gull Harbor.  List prices range from $519,000 to $695,315 for an average of $584,738 or $303.08 per sq. ft. of living area.

Currently, there are no homes under contract in this community.

In the past 12 months, there has been one sale in Gull Harbor.  This home sold for $905,000 which equals $244.59 per sq. ft. of living area.  The sales price was 93% of the last list price and it went under contract in 73 days.

About Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

The Open House Checklist

02.10.17 by

The Open House Checklist

open-house

Are you open to hosting an open house? An open house is that all important event that basically shows off and sells your home to prospective buyers; and as such, this happening is perhaps the most essential tool in the arsenal of a home seller. A buyer, after all, has to visit and see your home and inspect its elements before they even can think of buying it.
While planning your open house, it may help you to develop a check list of helpful items to have on hand the day of the big event. And these could include:

1. An open house sign. Aside from the for sale sign that your Realtor will post outside your home, it might help to post additional signage that announces and lists the details of your open house event. This is sure to bring in passersby who otherwise may not have known that your house was for sale; one of whom may be the ideal buyer for your residence.

2. Informational sheets. Printed floor plans and information sheets can do much to answer any questions that prospective buyers may have about your home, and may play a vital part in their eventual decision as to whether or not they buy your home. These sheets tell them everything from the number of bedrooms and bathrooms in the residence to their size and square footage; the size and style of the kitchen and living areas in the home to the availability of extras such as rec rooms, storage spaces, fireplaces, swimming pools, etc. Print these sheets up on high quality paper and hand them out to guests as they step through the door.

3. Refreshments. When printing up meeting notices in the newspaper, organizations are encouraged to list the availability of treats and refreshments at their upcoming sessions; a seemingly trivial factoid that has been known to double attendance at just about any type of meeting. It’s a fact; people love free food. So have plenty of it on hand at your open house!

4. Experts. All open houses should be hosted by people who know basically all there is to know about your home. This could be your real estate agent, or it could be you—or, in some cases, you both may wish to be present for the event; ready to greet guests, answer their questions, and basically offer whatever help and advice guests need to make their home buying decisions—and hopefully in your favor!

If you need help with an open house in Stuart Florida give me a call at (772) 888-2885

Four Winds on the River Condo February 2017 Market Report

02.10.17 by

Four Winds on the River Condo February 2017 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

One condo is under contract.  It was listed for $249,000 or $184.44 per sq. ft. of living area.  This condo was on the market for 10 days before going under contract.

In the past 12 months, 1 condo has sold in Four Winds.  This condo sold for $180,000 which equals $132.45 per sq. ft. of living area.  Th1 condo sold for 90% of the last listed price and was on the market for 161 days before going pending.

Four Winds on the River Condo in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL, Four Winds on the River was built in 1981 and has seen some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered car ports for each condo along with ample guest parking.  This is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate Four Winds on the River real estate

Search for all Four Winds on the River Condos for Sale


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