August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The August 2016 Monthly Market Detail St Lucie County Townhouses and Condos picked up a little from last month and remains active.  Closed sales were down 3.8% from last year (was down 22.6% in July) while new pending sales decreased by 2.9% (was down by 2.6% in July).

Prices on the other hand went back to increasing after last month with the median price up by 23.0% (was down by 18.8 in July) while the average sales price increased by 10.8% (decreased 1.7% in July).  These increases were unexpected as I don’t expect prices to rise quite this fast year to year in the future.  Though, I also don’t expect them to decline anytime soon either.

The inventory of available townhouses and condos increased by 17 units from last month to 526 units, which is only 1.7% less than August 2015. The current supply of inventory is 5.3 months, which is just a little more than the 5.2 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.

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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

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.

August 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Gabe’s October 2016 HouseCalls Newsletter

Gabe’s October 2016 HouseCalls Newsletter

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

gabe-sanders-october-2016-housecalls

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

You can see all the past issues here:

HouseCalls Archive

Gabe’s October 2016 HouseCalls Newsletter

August 2016 Monthly Market Detail St Lucie County Single Family Homes

August 2016 Monthly Market Detail St Lucie County Single Family Homes

August 2016 Monthly Market Detail St Lucie County Single Family Homes showed some improvement in closed sales from last month and last year while new pending sales are still down from last year.  Closed sales were up by 8.3% (in July they were down by 9.0%) and new sales under contract (new pending sales) decreased by 15.1% (they were down by 10.0% last month).

Though, prices continue their upward march at very strong rates.  The median and average sales prices up by 18.7% and 20.2% respectively from last August (For July these numbers were 13.0% and 15.2%).  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 137 homes to 1,614 homes.  This inventory is 9.6% higher than last year.  The current supply of homes is at 3.6 months (3.3 months for August of 2015). 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.

August 2016 Monthly Market Detail St Lucie County Single Family Homes

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

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.

August 2016 Monthly Market Detail St Lucie County Single Family Homes

Courtesy pays in real estate; most literally!

Courtesy pays in real estate; most literally!

Town Park home in Tradition

If you’re currently putting your house up for sale in today’s complex market (and, of course, preparing to move in the process), then you may find yourself at various times frustrated, impatient, weary, wary, or even angry. These feelings are natural and are bound to come with any life transition; it is important, however, that you not let them show before the people who are considering buying your home.

When you prepare yourself for the showings and open houses that will help you sell your home, you of course will put your best face on your house; making sure that your home is clean, bright and cheery at all times during the sale. Also be sure that your visitors can say the same about the host of the showing or open house that they’re attending; that the home owner with whom they might do business is as warm and welcoming as the atmosphere of the residence itself.

Home buying

If possible, allow the Realtor representing the buyers to go through your home by themselves.  They will be much more comfortable without you being in the room and listening to their comments.  I know that you’re the best authority about your home, but you are also emotionally attached and as much as you love your home, trying to convince a buyer to fall in love with your home will most likely have the opposite effect.  If you have to stay for the showing try to welcome a guest and potential home buyer through the doors of your home, then treat them more as the former than the latter.

If you absolutely have to be the one showing the home, follow this advice:  Make conversation and—if possible—make friends with your guests before you even dream of making a sale. In other words, make them feel at home in the very home that they might wish to buy.

If possible, offer each guest or family of guests a personal tour of your home; allowing them to see its beauty and assets through your eyes, so that they can know and appreciate fully everything that your home has to offer them. Ask them if they have any questions and answer them to the best of your ability; remembering that no question is dull or unimportant if it might just result in the sale of your home.

Home buying

At the same time, don’t be too forward or pushy in trying to make a home sale. Just remember that, if you welcome a guest into your house under any other conditions, you wouldn’t constantly barrage your guests with constant inquiries of “So what do you think of my house?”, “When do you think you’ll be coming back?”, etc. In a similar fashion, you don’t want to confront the guests at your showings and open houses by demanding an offer on your home.

If a guest indicates in all politeness that they don’t want to buy your house, then respond with equitable politeness that you were very pleased to meet them and welcome them to your home that day. If a guest says that they need time to consider or think about their potential purchase of your home, then give them that time.

Ultimately you will find that courtesy does indeed pay in real estate; and it might just result in a fair, swift and profitable home sale that is very “nice” indeed!

August 2016 Monthly Market Detail Martin County Townhouses and Condos

August 2016 Monthly Market Detail Martin County Townhouses and Condos

August 2016 Monthly Market Detail Martin County Townhouses and Condos had reduced sales volume and prices for August yet still remains a very active market.  Closed sales were up for this month, decreased by 4.8% (was up by 4.7% in July) while new sales under contract (new pending sales) were down by 8.7% from August 2014 (decreased by 15.2% in July).

Prices were also off for August as the median sales price decreased by 9.3% (was up by 8.8% in July) while the average sales price decreased by 8.2% (was up by 4.1% in July) as compared to August of 2015.  I think this is just a temporary situation as I feel prices will continue to rise for the near future.

The inventory of available townhouses and condos increased by 7 units to 377 properties as compared to last month.  This is 16.7% greater than the August 2015 inventory.  Currently, there’s a 3.9 month supply of inventory (an 25.8% increase from last year).  Still a strong 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.

August 2016 Monthly Market Detail Martin County Townhouses and Condos

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

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.

August 2016 Monthly Market Detail Martin County Townhouses and Condos

What’s Not to Love About Martin County Florida?

What’s Not to Love About Martin County Florida?

Martin County - Sailfish fountain

I’ve been in Martin County Florida for over 30 years now which makes it the place that where I’ve lived the longest time by more than triple the time of any place in my life.  It’s the perfect place to be for those with families as we boast a wonderful school system with ‘A’ rated schools that have education and extracurricular programs and top rate graduation rates.

It’s also a wonderful place for growing up for children with safe communities, low crime rates and lots of fun activities available all year long.

Martin County - downtown Stuart

And for those into active lifestyles, we have over 200 miles of waterfront for those wanting to enjoy our rivers or the crystal clear and warm waters of the Atlantic Ocean.  World class fishing is just steps outside your door or a quick ride out to the Inlet.  There’s also waterskiing and sailing.  Those that are a bit more adventurous can enjoy year long windsurfing and kiteboarding available for all levels and we have the spots available for these sports for all wind directions.

Martin County waterfront restaurants and docks

Into golf?  There are over 35 professional golf courses within a 20 mile radius of the Stuart FL area.  Courses are available for all lifestyles from public courses to exclusive private clubs.

And, if you’re retired, you will find these same activities along with world class medical facilities available in all our communities.

Martin County Beches

All this in a County that strictly regulates urban sprawl by limiting unwanted new development and controlling the density of any new projects.  There are no buildings over four stories allowed in the County and most developments are limited to only two stories.  Traffic is hardly ever an issue and when you get to the store, restaurant or vendor of your choice it is rare to not have a parking spot available within steps of the front door.

Plus, it is still an affordable area.  Retiring seniors will find some condos in excellent communities starting from as low as $50,000 while the likes of Tiger Woods and Greg Norman live in the Jupiter Island community of Martin County where you will need considerably more to have your dream estate.

Martin County Waterways

So, come on down and fall in love with Martin County, but don’t tell everyone, we want to stay small and enjoy the quality lifestyle we’ve become accustomed to.

Search here for Martin County Real Estate

August 2016 Monthly Market Detail Martin County Single Family Homes

August 2016 Monthly Market Detail Martin County Single Family Homes

The August 2016 Monthly Market Detail Martin County Single Family Homes continues to show reduced sales volume when compared to last years figures, yet remains a strong market.  Closed sales were down by 9.1% (was down by 9.5% in July). New pending sales decreased by 7.8% as compared to August of 2015 (Decreased by 22.3% in July).

Both median and average sales prices moderated for August.  The median sales price was down by 0.5% from last year (up by 6.1% in July) while the average price increased by 2.2% (was up by 13.8% last month).  As I’ve mentioned in my earlier market reports, this reduction in price increases was expected as the inventory increased.  (Basic laws of supply and demand.)

The inventory of available single family homes increased from last month by 12 homes to 999 units for August,  this is 13.7% greater than last August.  Current supply of homes is 5.0 months, for August of last year it was a 4.2 months supply. (This is a 19.0% increase from last year).  Still a sellers market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

August 2016 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
August 2016 Monthly Market Detail Martin County Single Family Homes

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.

August 2016 Monthly Market Detail Martin County Single Family Homes

The Bells and Whistles of Online Real Estate

The Bells and Whistles of Online Real Estate

Real Estate online

You may wonder why we as Realtors work so hard to establish such an online presence for you, the potential home seller or buyer whose attention and business we wish to garner.

Once upon a time we Realtors plied our trade face to face, either in the comfort of our office and at public events like showings and openings. And we also were known to do a bit of garden variety advertising here and there, promoting ourselves via newspaper and real estate magazine ads, billboards, and/or perhaps the occasional TV or radio ad.

This formula seemed to work just fine for a long time, as real estate has emerged as one of the most successful and profitable industries in this nation. So now, you may wonder, what’s with all the blogs and the websites, the e-mail marketing campaigns and the social media blasts?

Well for one thing, we as seasoned professionals know that it is important to keep up with the times. Every business and business professional must establish an online presence these days; staying connected to clients and potential clients via the World Wide Web. Online advertising is the wave of the present; and, in all likelihood, of the future!

In addition, everyone knows that the easiest way to make and form meaningful connections with people is to connect online. And as real estate agents who truly care about their customers, we want to connect with you on a personal level. Now we don’t expect our home buyers and sellers to ask us over to their houses for dinner—though hey, it would be nice! Yet we would like you to get a good idea of the homes we have to offer, via high definition photos and video and vivid written descriptions. And, just as much, we yearn to develop a personal connection with you, our buyers and sellers.

Through our blogs and Internet columns, our bios and photos, and indeed through the very look and feel of our websites, we want to build a more personalized bond with the people we serve. Now we can tell you all about ourselves, showcase our body of experience (both as individual Realtors and organized offices) and even encourage you to shoot us an e-mail—anytime!

It’s these little high tech bells and whistles that mean a great deal to all of our customers—and, in all our fondest hopes, to you!  For information on how we use the Internet to help our Stuart Florida real estate clients achieve their desired results, give me a call or email me.

August 2016 Monthly Market Detail Florida Townhouses and Condos

August 2016 Monthly Market Detail Florida Townhouses and Condos

The August 2016 Monthly Market Detail Florida Townhouses and Condos continues to show improvement over the previous year and had improved results from the past few months as well.   Closed sales were up by 3.3% as compared to last months decrease of 11.5% and new sales under contract (new pending sales) decreased by 6.1% (In July there was a 11.3% decrease).

Prices continue to go up, though not as fast as previous months.  Median sales prices were up by 6.7% (was up by 6.8% in July), while the average sales price increased only by 3.4% (was up 0.4% in July).  These price rises should continue but generally not at a very high rate.

The inventory increased by 9.3% from August of last year.  For July 2016 we have 5.8 months of inventory (was 5.9 months in July) and compared to 5.2 for August 2015.  We are currently in a very slight sellers market for Florida townhouse and condo sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

August 2016 Monthly Market Detail Florida Townhouses and Condos

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:
August 2016 Monthly Market Detail Florida Townhouses and Condos

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.

August 2016 Monthly Market Detail Florida Townhouses and Condos

Governors Landing September 2016 Market Report

Governors Landing September 2016 Market Report

There’s only one home available to purchase in Governors Landing for September 2016.  This homes is listed for $646,000 which is $249.90 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 homes have sold.  Sales prices ranged from $445,000 up to $558,000 for an average sales price of $518,850 which works out to $180.06 per sq. ft. of living area.  These homes sold for an average of 97% of the list price and were on the market for an average of 81 days before going under contract.

About Governors Landing in Hobe Sound FL

Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks and west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  Very conveniently located about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors Landing of Hobe Sound FL

Governors Landing has both canal homes with ocean access docks as well as lake front homes, many with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Governors Landing of Hobe Sound FL

Homes were built between 1988 and 2006 in Governors Landing and as of this writing in September 2015 there are 4 vacant lots which have yet to be built upon.  Existing lot sizes range from just over 1/6th to just under ½ acres. And, homes range from 3 bedroom, 2 bathroom, 2 car garage with around 2,400 sq. ft. of air conditioned living area up to 5 bedroom, 5 bathroom, 3 car garage homes with 5,000 sq. ft. of living area.

Governors Landing of Hobe Sound FL

The HOA fee (as of August 2016) is $569 per quarter and includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.

Governors Landing of Hobe Sound FL

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School and South Fork High School.

Governors Landing of Hobe Sound FL

For those looking for luxury ocean access homes with convenient access to good schools, medical facilities and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

Governors Landing September 2016 Market Report

August 2016 Monthly Market Detail Florida Single Family Homes

August 2016 Monthly Market Detail Florida Single Family Homes

The August 2016 Monthly Market Detail Florida Single Family Homes rebounded a bit from last month.  Closed sales were up by 8.2% (was down by 8.0% in July) and new sales under contract (new pending sales) were down by 1.1% (was down by 9.6% in July).

Both median and average sales prices continue to rise ( August 2015 to August 2016) by 12.6% and 9.3% respectively, compared to July’s 11.6% and 8.0%.  These price rises continue to be a bit to high to be sustainable for a long period of time.

The inventory of available homes for sale fell by 1.8% from last year.  If prices continue to rise rapidly, I expect the inventory to expand in the future.  For August there was only a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (August of 2015 had a 4.4 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

August 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

August 2016 Monthly Market Detail Florida Single Family Homes

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.

August 2016 Monthly Market Detail Florida Single Family Homes

Two Vacant Lots in Hobe Sound Coming Soon

Two Vacant Lots in Hobe Sound Coming Soon

Hobe Sound Land for Sale

Coming on the market this week are these two vacant lots in Hobe Sound in the Olympia Plats area of old Hobe Sound.  Conveniently located close to Zeus Park as well as the Joseph B Reed Park with it’s numerous athletic facilities.  Just minutes to Jupiter Island Beach as well as an easy ride to I-95 on Bridge Road and point north or south.

Hobe Sound Land for Sale Hobe Sound Land for Sale

These two lots are adjacent to each other and can be purchased individually or together for $99,000 each for those wishing to build a Martin County dream home in a wonderful location.  Each lot has 50′ of frontage with 125′ depth.

Hobe Sound Land for Sale Hobe Sound Land for Sale

These lots need clearing and soil tests before construction can begin.

Two Vacant Lots in Hobe Sound Coming Soon

Hobe Sound FL 33455 Condo Market Report August 2016

Hobe Sound FL 33455 Condo Market Report August 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2016

For August 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Up by 1 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2016

5 Condos are pending and awaiting close. (Down by 1 pending condos from July)

Hobe Sound FL 33455 Condo Market Report August 2016

3 Condos sold in August. (The same number of closed sales from July)

Hobe Sound FL 33455 Condo Market Report August 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For August, 2016 the absorption rate is 1.3 month (it was 1 months in July).  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 August 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 August 2015 numbers were: 2 active listings, 4 pending sales and 3 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Hobe Sound FL 33455 Condo Market Report August 2016

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report August 2016

The River Club September 2016 Market Report

The River Club September 2016 Market Report

As of September 2016 there are two available condos for sale in the River Club.  List prices are $145,000 and $175,000 for an average asking price of $160,000 which is $141.05 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 9 condos have sold in the River Club.  Sales prices ranged from $122,000 up to $315,000 for an average sales price of $168,056 which works out to $152.32 per sq. ft. of living area.  These condos sold for an average of 96% of the last list price and went under contract in an average of 47 days.

Please contact me if you need an explanation of the reasons for the wide disparity in sales prices in the River Club.

About The River Club of Martin County:

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The River Club of Martin County is a waterfront condo community that was built between the years of 1978 and 1980.  There are 15 buildings with 188 total condos all of which are 2 bedroom and 2 bathrooms.  These are all two story buildings.  There are two different floor plans with 1,220 and 1,072 sq. ft., of living areas.  Four of these buildings enjoy beautiful wide waterfront views of the Saint Lucie River.  The River Club has a 50 slip marina that is run by a separate dock association.  In order to own a slip in the River Club one must be a condo owner.  Tenants and owners do have the opportunity to rent slips should they be available for lease.

Entrance to the River Club

Great amenities include a clubhouse with game room and kitchen facilities, a community pool, fitness room, shuffleboard courts, workshop, and cable TV and internet access (including wi-fi) included in the condo fees.  The condo fees as of May 2016 are $326 a month.

Sunset from the River Club

All ages are welcome in the River Club but no pets are allowed.  Rentals are allowed with some restrictions as to duration and length of unit ownership.  No commercial vehicles or motorcycles are allowed, but pickup trucks with covers are permitted.

Community Pool of the River Club

The River Club is a great choice for those looking for an affordable condo community with deep water docks and fishing as well as a full complement of amenities.

fountain of the the River Club

Search here for any River Club condos for sale

The River Club September 2016 Market Report

Hobe Sound FL 33455 Residential Market Report August 2016

Hobe Sound FL 33455 Residential Market Report August 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2016

  For August 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 172 active listings. (Down by 20 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2016

89 Residential sales are pending and awaiting close  (Up by 6 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2016

60 Homes Sold in August (Up by 14 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County outperformed all other Martin County real estate segments with a strong rise in closed sales and also an increase in pending sales with a decline in inventory.  Most of our other areas eased off for August but this wasn’t the case for Hobe Sound.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 2.9 months (4.2 months in July).  Going into an extreme sellers market for Hobe Sound residential sales.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2015 were:  149 active listings, 84 pending sales and 34 closed sales.  Considerably stronger activity for this month as compared to August of 2015.

Hobe Sound FL 33455 Residential Market Report August 2016

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report August 2016

Fall into Fall: Selling past the summer

Fall into Fall: Selling past the summer

Fall Season

Hey, now wait a minute; where did the summer go? Suddenly the sun seems a bit less bright, and the temperatures are not quite as hot. People are coming home from vacation and venturing back into the bounds of reality; exchanging surfboards and swimsuits for keyboards and pantsuits.

So what does all of this mean for you as a real estate agent? Well basically it is time for you to fall into fall; to dive headfirst into a whole new season of selling.

The fall months open up a plethora of sales possibilities for you as a Realtor; and in a multitude of ways. Here are just a few:

1. Selling to snowbirds. As the weather gets cooler, senior citizens who reside in warm weather states like Florida and California tend to ‘migrate’ to the north. These folks, generally referred to as snowbirds, will be looking for a place to stay during their time up north; and whether that place may take the form of a single family home or a condo rental, an apartment or a time share, you as a trained home sales professional can help them find a place to “land and perch.”

2. Selling to students. At the other side of the age scale are college students just returning from what was sure to be a downright riotous summer break; ready once again to resume classes—and, of course, to find a home place that is convenient to their institution of learning. Not every college student has a strong and overwhelming desire to spend their school days in the confines of a cramped dorm; indeed, some may wish to find apartments, cottages, or even small houses to call home while they’re cramming for finals—and you can help!

3. Selling to new ‘lookers.’ As folks switch their brains out of vacation mode and return to the business of serious living, they may find themselves considering the purchase of a new home. You as a trained and skilled real estate professional can lend them a helping hand—along with possibly helping them to find the home of their dreams.

Sure, we all miss the fun and beauty of those ebullient, unforgettable summer months. Yet for you as a Realtor, the balmy, lovely months of autumn can hold a bounty of promise in terms of new and exciting professional opportunities. Don’t be afraid to fall into fall!

If your looking to buy or sell property in or around the Stuart Florida area, give me a call at 772-323-6996 or visit my Stuart Florida real estate site.

 

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for August 2016

For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 112 active listings. (Increased by 4 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

38 Condo sales are pending and awaiting settlement. (Down by 8 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

25 Condos Sold (Down by 2 condos from July)

Jensen Beach FL 34957 Condo Market Report August 2016

 For the Jensen Beach FL 34957 Condo Market Report August 2016 remained on a steady track with activity off by only a slight amount..

The one month absorption rate for the August 2016, Jensen Beach Florida Market Report ZIP Code 34957 inched up slightly to 4.3 months (from 4.1 months in July), keeping Jensen Beach condos in a sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The August 2015 numbers were: 22 active listings, 13 pending sales and 5 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.

Jensen Beach FL 34957 Condo Market Report August 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report August 2016

4 BR Palm City Pool Home on 1 Acre – New Price

4 BR Palm City Pool Home on 1 Acre – New Price

Canoe Creek real estate in Palm City FL

A spacious Canoe Creek home with private pool on over 1 acre and 4000+ sq. ft. of living area is now available for the reduced price of $460,000 from the Gabe Sanders BlueWater realty team.

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

This is a large 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

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

 4 BR Palm City Pool Home on 1 Acre – New Price

Jensen Beach FL 34957 Residential Market Report August 2016

Jensen Beach FL 34957 Residential Market Report August 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2016

 For August 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 167 active listings. (Up by 3 homes from last month)

Jensen Beach FL 34957 Residential Market Report August 2016

67 Residential sales are pending and awaiting close or lender approval. (Increased by 1 homes from July)

Jensen Beach FL 34957 Residential Market Report August 2016

31 Homes Sold (Down by 25 home sales from July)

Jensen Beach FL 34957 Residential Market Report August 2016

The Jensen Beach FL 34957 Residential Market eased off to a more reasonable market activity after a very hot July.  Closed sales had a large drop, while pending sales remain steady.  Still a very healthy market for Jensen Beach.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 5.4 months ( was 2.9 months in July).  Still a sellers’ market for the Jensen Beach residential real estate segment.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The August 2015 numbers were: 117 active listings, 77 pending sales and 30 home sales closed.   Considerable increase in activity for this year while closed sales remained about equal but pending sales were off.
Jensen Beach FL 34957 Residential Market Report August 2016

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report August 2016

Banyan House Condos Stuart FL September 2016 Market Report

Banyan House Condos Stuart FL September 2016 Market Report

There are currently 2 condos for sale in the Banyan House.  List prices are $149,900 and $179,000 for an average of $164,450 which is $115.60 per sq. ft. of living area.

There is 1 condo under contract.  This condo was listed for $118,000 or $86.13 per sq. ft. of living area.  This condo went under contract in 8 days.

In the past 12 months, 2 condos have sold in the Banyan House.  Sales prices were $142,500 and $145,000 for an average sales price of $143,750 which equals $104.93 per sq. ft. of living area.  These condos averaged 50 days on market before going under contract and sold for an average of 91% of list price.

About the Banyan House Condos in Stuart FL:

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2016, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Banyan House Condos in Stuart FL

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL September 2016 Market Report