Stuart Florida Market Report ZIP Code 34994 Residential November 2016

12.14.16 by

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2016

For November, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 45 active listings (Decreased by 11 homes from October)

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

31 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential November 2016

14 Homes Sold in October (Down by 2 homes from October)

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with very strong activity.  Unfortunately the inventory of active home listings is dropping once again to levels that may make this market difficult in the near future.

The one month absorption rate for the 34994 zip code for November declined to 3.2 months from 3.5 months for October.  Continuing as a strong sellers’ market 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 November 2015 numbers were 61 Active Listings, 25 pending sales and 12 closed sales.  Considerably stronger activity this year when compared to 2015, but the large drop in inventory is troubling.

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

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Stuart Florida Market Report ZIP Code 34994 Residential November 2016

Harbour Ridge December 2016 Market Report

12.14.16 by

Harbour Ridge December 2016 Market Report

Homes:

There are currently 56 homes available for sale in Harbour Ridge.  Listing prices range from $25,000 up to $1,200,000 for an average list price of $350,388 ($269,000 – median) which equates to $126.51 per sq. ft. of living area ($123.20 – median).

There is one home under contract which has not closed to date.  List price was $$390,000 or $148.74 per sq. ft. of living area.  This home was on the market for 314 days prior to going under contract.

In the past 12 months, 23 homes have sold.  Sales prices ranged from $4,500 up to $1,690,000 for an average sales price of $426,152 or $122.96 per sq. ft.  These sales averaged 82% of the last list price and were on the market for an average of 232 days prior to going under contract.

Condos:

There are 46 condos for sale in Harbour Ridge. List prices range from $1 up to $595,000 for an average list price of $100,185 or $57.15 per sq. ft. of living area.

There are no condos currently under contract in Harbour Ridge.

7 condos have sold in the past 12 months with sales prices from $10,000 up to $456,818 for an average of $107,545 which equals $51.65 per sq. ft.  These condos sold for an average of 74% of the final list price and took an average of 136 days on market before accepting an offer.

Harbour Ridge in Palm City

 

Harbour Ridge is a yacht and country club located right next to the St. Lucie River.  Technically located in Saint Lucie County, but Harbour Ridge residents have a Palm City zip code and children attend the ‘A’ rated Martin County School district as it’s location is much closer to Martin County.

Harbour Ridge in Palm City Harbour Ridge in Palm City

This magnificent golf and yachting community offers a wide and varied range of recreational activities for residents only such as; two championship golf courses, tennis programs, a gym center, yacht club with a private marina, and a gorgeous dog park! Harbour Ridge includes many varied types of residences from, a low density community that allows each home to have plenty of green space and a minimum of 1.25 acres to wonderful condos overlooking the wide Saint Lucie River.  There is a newly built magnificent club house that is sought after for rentals throughout the community.

Harbour Ridge in Palm City Harbour Ridge in Palm City

Search for all Harbour Ridge Homes in Palm City

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

Sewalls Point Single Family Market Report November 2016

12.13.16 by

Sewalls Point Single Family Market Report November 2016

Sewalls Point Real Estate Snapshot, Residential Sales for November 2016

There are currently 74 active listings (Down by 5 homes since last month)

Sewalls Point Single Family Market Report November 2016

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

Sewalls Point Single Family Market Report November 2016

2 Homes sold in November (Decreased by 4 homes sales from October)

Sewalls Point Single Family Market Report November 2016

The single family real estate market in Sewalls Point took a second step backward for November 2016 after improving numbers throughout the summer.  Pending sales remained steady but a considerable drop in closed sales.  At least the inventory declined slightly.

The current absorption rate skyrocketed to 37 months, in October it was 13.2 months.  Hopefully we’ll see this number go down as we enter the winter season in the next few months.  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 November of 2015, the inventory was 51 homes on the market, 13 pending sales and there were 3 closed sales.  November 2015 was a much better month for Sewalls Point real estate than this year.

Sewalls Point Single Family Market Report November 2016

 Search below for Sewalls Point Florida Real Estate for Sale

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Sewalls Point Single Family Market Report November 2016

 

Beachwood Villas Hutchinson Island December 2016 Market Report

12.13.16 by

Beachwood Villas Hutchinson Island December 2016 Market Report

There is currently one active listing in Beachwood Villas of Hutchinson Island.  The list price is $289,900 which is $309.39 per sq. ft. of living area.

There are currently two pending sales in Beachwood Villas. The list prices were $279,900 and $349,900 for an average list price of $314,900 which equates to $297.12 per sq. ft. of living area.  These two condos went under contract in an average of 4 days after being listed.

Two condos have sold in Beachwood Villas in the past 12 months.  The sales prices were $326,500 and $350,000 for an average sales price of $338,250 or $281.29 per sq. ft. of living area.  These condos sold for an average of 95% of the final listed price and in an average of 45 days on market until there was an accepted offer.

Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two bedroom, two bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Many units have direct oceanfront views and all of the condos have under building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

At the time of this writing management and condo fees are approximately $560 per month. Beachwood Villas is a pet friendly community with two large dogs permitted for owners.

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

Search here for all available Beachwood Villas for Sale

Additional Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider: 
Angler Cove – Buttonwood – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Maritimes – Ocean View – Sailfish Point – Sandpebble – Suntide

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

Beachwood Villas Hutchinson Island December 2016 Market Report

Willoughby Golf Club Stuart December 2016 Market Report

12.12.16 by

Willoughby Golf Club Stuart December 2016 Market Report

There are currently 13 homes on the market in the Willoughby Golf Club, ranging in price from $229,850 to $1,349,000.  The average listing price is $600,988 which equates to a price per sq. ft. of living area of $177.86.

There are 5 homes under contract which have not closed as this post was written.  The list prices of these pending sales range from $449,000 to $995,000 for an average list price of $720,200 which equates to $197.30 per sq. ft. of living area.  These homes averaged 114 days on market prior to going under contract.

In the past 12 months, 27 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $183,000 to $1,400,000 for an average sales price of $487,660 which equals $153.59 per sq. ft. of living area.  Sales prices averaged 93% of list prices and these were on the market for an average of 147 days before receiving an accepted offer.

Willoughby Golf Club real estate can be found in the city of Stuart. Stuart is located in Martin County Florida and sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.

Willoughby Golf Club real estate and surrounding area is made up of a 403-acre, private golf community. The golf club memberships entitle the members to enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents in Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Golf Club real estate home sites are complimented by the numerous activities and events that take place in the town of Stuart along with noteworthy locations.

  • Restored downtown with historical landmarks
  • exclusive shops
  • distinctive restaurants
  • an executive airport
  • highly viewed schools
  • library
  • outstanding professional and medical facilities
  • a regional mall
  • many cultural happenings

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles.

Here are the currently available homes for sale in the Willoughby Golf Club

Willoughby Golf Club Stuart December 2016 Market Report

Beachwalk Condos Indian River Plantation December 2016 Market Report

12.11.16 by

Beachwalk Condos Indian River Plantation December 2016 Market Report

There is only one active listings for sale in Beachwalk in early December 2016.  The list price for this condo is $325,000 which equals $224.14 per sq. ft. of living area.

There is one condo currently under contract in Beachwalk. The list price was $335,000 or $231.03 per sq. ft. of living area.  This condo was on the market for 199 says prior to accepting this offer.

In the past 12 months, 2 condos have sold in Beachwalk.  The sales prices were $325,000 and $330,000 for an average sales price of $327,500 which is $241.35 per sq. ft. of living area.  These condos sold for an average of 92% of the listed price and also took an average of 66 days on market prior to receiving an acceptable offer.Beachwalk in Indian River Plantation is a condo complex with 56 2 bedroom, 2 bathroom condos of either 1,253 or 1,274 sq. ft. of living area. The Beachwalk complex was built in 1993 making it one of the newer areas of Indian River Plantation on Hutchinson Island.

Beachwalk is only steps away from the beach, tennis courts, and golf course that are available through the Marriott at Hutchinson Island resort beach club. Enjoy evening cocktails and a snack at the Tiki Bar by the beach or take the free tram to the Marriott Hotel for a great meal any time of the day.

All condos in Beachwalk offer a split plan with two master suites each with their own bath. This is a pet friendly community with some buildings allowing up to 2 large pets. Management and Condo fees were around $520 per month at the time of this writing. One assigned parking spot is provided plus extra guest spaces are available for all residents.

Enjoy true resort style luxury living without having to pay luxury prices at the Beachwalk in Indian River Plantation.

Click here to search for available Beachwalk Condos for Sale

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

Stuart Florida Real Estate
Residential Homes, Condos and Land
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Beachwalk Condos Indian River Plantation December 2016 Market Report

Windjammer Waterfront Condos December 2016 Market Report

12.10.16 by

Windjammer Waterfront Condos December 2016 Market Report

As of December 2016, there are 7 condos on the market in the Windjammer Yacht Club  of Stuart FL.   Listing prices range from $184,000 to $274,900.  The average list price is $220,100 which equates to a price per square foot of living area of $184.80.

Currently, there is 1 condo under contract which has not sold as of this writing.  This condo were listed for $142,500 or $119.65 per sq. ft. of living area and went under contract 49 days after it was listed.

In the past 12 months, 12 Windjammer Waterfront Condos have sold.  Sales prices ranged from $110,000 to $287,500 for an average sales price of  $183,292 which equals $153.13 per sq. ft.  These condos sold for an average of 94% of the last list price and were on the market for an average of 141 days prior to accepting an offer.

Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access.  There are 130 2 bedroom, 2 bathroom condos with porches.

Docks are deeded to the condos and are owned by the unit owners.  (Not every condo has an accompanying dock)  Dock sizes vary and go up to a 16′ beam and 40′ length.  Rentals are allowed with restrictions and 1 small pet is also allowed.

 Search here for:

Windjammer Waterfront Condos Homes for Sale in Palm City Florida

Windjammer Waterfront Condos December 2016 Market Report

The Dream Home

12.09.16 by

The Dream Home

Dream Home

In today’s revitalized economy, I as a Realtor am often approached by potential buyers who come in search of their dream home. These buyers finally have accumulated the money and resources to buy the home they’ve always wanted; not just a temporary shelter that will get them by until something better comes along.

It is truly a joy and a privilege to be the merchant of dreams; to help my clients find the home they have wanted and envisioned for years. It can however be a challenge if they do not have a clear idea of what they want in a residence. It may be difficult for them to describe and pinpoint the traits and qualities that constitute their dream home; and in that case, I will ask a series of questions that will help them realize the dream:

1. Describe the home of your dreams.  I have them describe in detail the home of their fantasy; the place that they’ve always wanted to come home to, the house that truly would feel like a home. I ask them to specify the look and style of this residence, as well as other traits and characteristics that they consider to be must haves.

2. Who will live here with you?  How many people will live in the house, in order to determine the number of bedrooms and bathrooms that need to be included in the residence as well as its square footage. Beyond the basics, the wants and opinions of these other residents also should be considered before any final purchase is made.

3. Where is your dream home? Do you have a specific location in mind? Or, will you let me do my job to locate the home of their dreams; but I can’t do this until I get a general idea of a preferred location or feel of a community. Do you wish to make their home in the city or the country, or perhaps in the suburbs? Is there a particular community that you enjoy visiting on a regular basis? Do you need a place that is located in close proximity to a particular school or workplace? As the old saying goes, “Location, location, location!”

4. What extras and accents do you want? Does your dream home include a fireplace, a swimming pool, a rec room? Little things mean a lot, especially if they’re fun and luxurious; the stuff of dreams, so to speak.

I can help you find your dream home.  Call me at 772-232-5966!

 

Palm City Farms December 2016 Market Report

12.08.16 by

Palm City Farms December 2016 Market Report

There are currently 62 homes on the market in Palm City Farms.  Listing prices range from $59,000 to $5,495,000.  The average list price works out to $746,697 (median $564,950) which is a per square ft. of living area price of $283.19 (median $196.85).

There are currently 7 homes under contract awaiting settlement.  Listing prices ranged from $139,000 to $649,000 for an average of $357,086 which equals $142.78 per sq. ft. of living area.  These homes averaged 148 days on the market prior to going under contract.

In the past 12 months, 97 homes have sold in Palm City Farms with sales prices ranging from $32,295 to $1,010,000 for an average sales price of $327,983 or $139.01 per sq. ft. of living area. These sales averaged for 96% of the last listed price and were under contract in an average of 108 days after being listed.

 


If you’re looking for an area of secluded acreage, yet still be close to shopping, entertainment the beach and navigable waterways Palm City Farms may just be the dream setting you are looking for.  Prices are currently more affordable than they have been in the past 5 or 6 years.


Beautiful acreage with 5 acre and larger home sites and vacant land abound in Palm City Farms. This is the perfect location for your equestrian needs as well as many other agricultural uses.  All within minutes of Martin County ‘A’ rated schools, shopping, beaches and easy access to I-95 and Florida’s Turnpike.

For additional information about Palm City Farms please contact us.

Search for all Palm City farms, Florida Homes and Land for Sale

Palm City Farms December 2016 Market Report

Admiralty Condos Palm City FL December 2016 Market Report

12.07.16 by

Admiralty Condos Palm City FL December 2016 Market Report

As of December 2016, there there are 5 condos on the market in the Admiralty Condos.   Prices range from $575,000 to $935,000 with the average list price being $700,600 which equals $269.20 per sq. ft. of living area.

There are no condos currently under contract and awaiting settlement.

In the past 12 months, 4 Admiralty condos have sold.  The sales prices ranged from $380,000 to $720,000 for an average sales price of $564,400 or $246.63 per sq. ft. of living area.  These condos sold for an average of 95% of the most recent listing price and were on the market for an average of 127 days prior to an accepted offer that led to the sale.

 

The Admiralty Condos are situated directly by the beautiful Saint Lucie River are an ocean lover’s haven.  Located in desirable Palm City, The Admiralty features large balconies facing the pristine waters of the saint Lucie River with perfect sunrise views.  The varieties of 3 and 4 bedroom floor plans come with amenities such as 2 full car garages and additional storage space.
With safety and security in mind, the community is gated and the luxurious and spacious condo’s come equipped with hurricane windows and doors along with a 22 slip protected marina for the residents use. Enjoy the heated pool, clubhouse, meeting room, and exercise room.
Current Condo association fees in the Admiralty range from the $700 to under $900 dollars per month depending on the unit size.  There are five buildings which make up the Admiralty condo complex in Palm City, Florida.  Three of which were built in 1989-1990.  The two newer buildings were completed in 2005.  These condos offer unparalleled luxury and spaciousness for the price.  Equivalent condos on the Ocean with these amenities are either non-existent or will cost well over $1 million dollars.
The Admiralty is close to fantastic schools such as Martin County High School, Hidden Oaks Middle School, and Bessey Creek Elementary. There are also plenty of restaurants and entertainment areas in and around this wonderful area!

Search here for:

Admiralty Condos Homes for Sale in Palm City Florida

Admiralty Condos Palm City FL December 2016 Market Report

Just Listed in Vista Pines – Affordable Updated Condo

12.06.16 by

Just Listed in Vista Pines – Affordable Updated Condo

Vista Pines Condos in Stuart FL

Fabulous first floor 1 bedroom and 1 and a half bathroom condo in Vista Pines that has been completely updated with a newer kitchen, AC and hot water heater.  Newer ceramic tile floor and closet treatments.   Available for purchase at $65,000.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Superior location that is within walking distance of restaurants, boutiques, shopping, grocery shopping and, doctors.  And only a short drive (or bike ride) to downtown Stuart or the beaches.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

The Vista Pines condominium complex consists of over 517 condos very conveniently located on SE Ocean Blvd. just in between the downtown Stuart area and the beaches of Hutchinson Island.  Also, close to restaurants, grocery stores and medical facilities that are within walking distance for many.

 Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Vista Pines condos were first built in 1970 and the last one was completed in 1973.   All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,089 sq. ft. of living space down to 679 sq. ft. 1 bedroom units.  Buildings are situated to maximize privacy and for serene views of green space.

Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista Pines and this is an age restricted (55+) community.  The HOA fees as of August 2014 were from the low $200’s for a 1 Bedroom unit to just over $300 per month for 2 Bedroom condos.

  Vista Pines Condos in Stuart FL Vista Pines Condos in Stuart FL

Search for currently available condos in Vista Pines

Just Listed in Vista Pines – Affordable Updated Condo

The Gift of a New Home

12.05.16 by

The Gift of a New Home

christmas-wreath

As we all begin the long and involved process of shopping for the Christmas season, we may find ourselves challenged to come up with just the right gift for just the right person on our holiday gift giving list. Should the gifts that you bestow on friends and family this year take the form of electronics, baked goods, handmade tokens of your great and deepest affection, or a new house?

That’s correct, you read it right. If you currently have both the desire and the means to indulge in such a major investment, then the gift of a new home is perhaps the most personal and meaningful gift that you can give anyone on your Christmas list this year, up to and including….

1. Your spouse. If you and your spouse have been looking to relocate, and you know that he/she has a specific type of home in mind, then you might consider purchasing the house just before the holidays—then slipping the front door key inside their Yuletide stocking as it hangs by the fireplace. Or, even better yet, take them for a drive to see some homes that have been brightly decorated for Christmas—including your new place! This is one Christmas that the two of you will never forget!

2. Your children. The gift of a new home just may be the ultimate expression of familial love; and at different times throughout the course of your life, you might find reason or cause to gift your offspring with this life-changing token of your love and devotion. You and your spouse might surprise the kids with the news that you’re about to affect a new and exciting change of scene in your family. Or at a later date, you might buy a home that they themselves will inhabit with their own new and growing family—or perhaps just occupy themselves.

3. Your parents. Often when people reach a certain level of success in life, they may choose to give back to the people who raised and educated them. They may choose even to buy a place for their parents to rest and retire; finding the ultimate was to say “Thank you” for all that Mom and Dad have done for them. And if these precious people in their lives need a little extra care, they might even choose to buy a large house in which the whole family can live. You might as well make it a holiday house!

If you’re looking to give such a wonderful gift in or around Stuart, FL, give me a call.

Spacious Palm City Pool Home New price

12.05.16 by

Spacious Palm City Pool Home New price

A large pool home on over 1 acre and 4000+ sq. ft. of living area in Canoe Creek is now available for $449,000 from Gabe Sanders of real estate of Florida.

Canoe Creek real estate in Palm City FL Palm City FL real estate

Spacious 4BR, 3.5 Bath pool home.  Perfect home for those looking to live in large rooms on an over an acre lot with minimum HOA rules and low fees. This home features a huge family/great room with exposed wooden beams with a fireplace and a wet bar. There’s a large den/office that leads into a spacious master bedroom.  The master bath has dual vanities on granite counters with separate tub and shower as well as a private entrance to the spacious back yard.  The kitchen has been recently upgraded to granite counters and mostly stainless appliances as well as new tile. There are 3 additional bedrooms one of which has an en suite bath.  Large screened lanai and an over sized pool.

Canoe Creek real estate in Palm City FL

Canoe Creek real estate in Palm City FL Canoe Creek real estate in Palm City FL

Canoe Creek in Palm City is a wonderful family community filled with 107 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Canoe Creek real estate in Palm City FL Canoe Creek real estate in Palm City FL

Canoe Creek real estate in Palm City FL

Click here to see all current Canoe Creek homes for sale in Palm City

 Spacious Palm City Pool Home New price

Plantation House Condos Indian River Plantation December 2016 Market Report

12.04.16 by

Plantation House Condos Indian River Plantation December 2016 Market Report

There is one condo for sale in the Plantation House of Hutchinson Island.  This condo is listed for $515,000 or $344.71 per sq. ft. of living area.

There are no currently pending sales in the Plantation House.

One condo has sold in the Plantation House in the past 12 months.  The sales price was $345,000 or $276.22 per sq. ft. of living area.  This condo sold for 91% of the last listed price and went under contract 106 days after going on the market.

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

The Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft.  All units have Ocean Views.   There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Current condo and management fees are around $567 per month.

Indian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Plantation House condos for Sale

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

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

Plantation House Condos Indian River Plantation December 2016 Market Report

Sunset Trace Palm City December 2016 Market Update

12.03.16 by

Sunset Trace Palm City December 2016 Market Report

As of December 2016, there is only 1 active townhome for sale in Sunset Trace.  Listed for $140,000 or $113.27 per square foot of living area.

There are 2 homes under contract and awaiting settlement.  The listing prices were $135,000 to $142,000 for an average list price of $138,500 which equals $112.06 per sq. ft. of living area.  These homes were on the market for an average of 4 days prior to going under contract.

In the past 12 months, 14 homes have sold in Sunset Trace.  Sales prices ranged from $96,439 to $140,000 for an average sales price of $120,231 which equals $97.16 per sq. ft. of living area.  These homes sold for an average of 96% of their final list price and went under contract in an average of 25 days of being on the market.

Just across the street from the Martin Downs Golf Club lies the gated community of Sunset Trace in Palm City, FL.  Conveniently located close to Florida’s Turnpike as well as shopping, restaurants and medical facilities.  And only a 15 minute ride to the pristine waters of the Atlantic Ocean and the numerous waterways and boating facilities available in Martin County, FL.

Sunset Trace is a DiVosta community of approximately 500 residences.  There are four types of homes in this community:   DiVosta quad townhomes which feature 2 Bedrooms and 2 and ½ bathrooms with 1,236 sq. ft. of living area; Stamford models, also four townhomes to a building featuring 2 Bedrooms and 2 and ½ bathrooms with 1,1374 sq. ft. of living area; Wellesley models  have 3 Bedrooms and 2 Bathrooms in 1,295 sq. ft. and finally the Villas in Sunset Trace offer attached single family homes with 3 Bedrooms, 2 and ½ baths and a one car garage in 1346 square feet of living area.

Sunset Trace was developed and built from 1984 to 1988.  It features two community pools, three tennis courts, outdoor racquet and/or handball courts and a full size basketball court.  There’s a playground for the little ones as well.  This is a lushly landscaped community with a number of lakes and ponds on the grounds making for some great water views.

All ages are welcome in Sunset Trace and children attend Citrus Grove Elementary School, Hidden Oaks Middle School and Martin County High School.  The HOA fees run $305 per month, but include exterior and hurricane insurance, basic cable TV, Lawn and Landscaping, pest control and security.  Making life in Sunset Trace easy and care free.

Search here for:

Sunset Trace Villas and Townhomes for Sale

Sunset Trace Palm City December 2016 Market Report

St Lucie County Townhouses and Condos October 2016 Market Detail

12.02.16 by

St Lucie County Townhouses and Condos October 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for October 2016 resulted in slightly weaker sales activity as compared to last October.  Closed sales were down by 16.2% from last year (was unchanged in September) while new pending sales decreased by 33.3% (was down by 5.1% in September).

Prices continue to increase quite strongly with the median price up by 11.9% (was up by 6.5% in September) while the average sales price increased by 13.4% (was up by 5.9% in September).  I don’t expect these price increases to be quite so strong in future months if sales activity continues to slow.

The inventory of available townhouses and condos increased by 23 units from last month to 530 units, which is 1.5% greater than October 2015. The current supply of units is 5.4 months, which is 5.9% higher than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos continues to be in 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 October 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos October 2016 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 October 2016 Market Detail

Plantation Club Villas Indian River Plantation December 2016 Market Report

12.02.16 by

Plantation Club Villas Indian River Plantation December 2016 Market Report

There are 2 active listings in the Plantation Club Villas of Hutchinson Island.  List prices are $272,000 and $314,900 for an average list price of $293,450 which is $222.61 per sq. ft. of living area.

There are no currently pending sales in the Plantation Club Villas.

3 condos have sold in the Plantation Club Villas in the past 12 months.  The sales prices were from $269,000 and $308,000 which averages to $284,000 and $212.22 per sq. ft. of living area.  These condos sold for 92% of the last listed price and were on the market for an average of 94 days before receiving an accepted offer.

About the Plantation Club Villas

The Plantation Club Villas condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL lie next to the pro shop for the golf course.  These units were built in 1987 and most have views of lakes, golf course or private preserves.

Plantation Club Villas on Hutchinson IslandThere are 48 two bedroom two bath condos ranging in size from 1,188 sq. ft. of living area up to 1,430 sq. ft.  The Plantation Club Villas is a four story elevator building and has the convenience of under building parking for residents.

Plantation Club Villas on Hutchinson Island

Current condo and management fees are around $367 per month.

Plantation Club Villas on Hutchinson IslandIndian River Plantation amenities include a golf course, full service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Plantation Club Villas on Hutchinson Island

Click here to view available Plantation Club Villas for Sale

Search for Martin County Real Estate

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

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

Plantation Club Villas Indian River Plantation December 2016 Market Report

 

 

St Lucie County Single Family Homes October 2016 Market Detail

12.01.16 by

St Lucie County Single Family Homes October 2016 Market Detail

St Lucie County Single Family Homes Market Detail for October 2016 continues to have reduced sales activity from last year.  Closed sales were down by 24.5% (in September they were down by 6.6%) and new sales under contract (new pending sales) decreased by 8.9% (they were down by 11.5% last month).

Prices, however, continue their upward march at strong rates.  The median and average sales prices up by 12.0% and 13.4% respectively from last October (For September these numbers were up 10.0% and 10.6%).  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 increased by 14 homes to 1,685 homes.  This inventory is 8.2% higher than last year.  The current supply of homes is at 3.8 months (3.4 months for October of 2015)  This is 11.8% greater than last year.  The St Lucie County single family home market remains in a very strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes October 2016 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes October 2016 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 October 2016 Market Detail

Gabe’s December 2016 HouseCalls Newsletter

12.01.16 by

Gabe’s December 2016 HouseCalls Newsletter

Click on the image below to view or download my December 2016 HouseCalls Newsletter:

gabes-december-2016-housecalls

Click here to download the full PDF of our December 2016 HouseCalls Newsletter

You can see all the past issues here:

HouseCalls Archive

Search here for Stuart Florida Real estate

Gabe’s December 2016 HouseCalls Newsletter

Martin County Townhouses and Condos October 2016 Market Detail

11.30.16 by

Martin County Townhouses and Condos October 2016 Market Detail

Martin County Townhouses and Condos Market Detail for October 2016 showed a dramatic drop in sales.  Closed sales were down for the month by 46.9% (was down by 3.2% in September) while new sales under contract (new pending sales) were down by 23.7% from October 2015 (decreased by 16.8% in September).

Prices were also down for October as the median sales price decreased by 1.7% (was up by 6.5% in September) while the average sales price decreased by 14.7% (was down by 4.0% in September) as compared to October of 2015.  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 41 units to 405 properties as compared to last month.  This is 17.7% greater than the October 2015 inventory.  Currently, there’s a 4.3 month supply of inventory (a 30.3% increase from last year).  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 October 2016 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos October 2016 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 October 2016 Market Detail