The Food Truck Invasion Hits Jensen Beach

08.29.16 by

The Food Truck Invasion Hits Jensen Beach

jensen beach food truck invasion

Coming to Indian Riverside Park in Jensen Beach this Monday, August 29th is the food truck invasion.  This will be the inaugural event and is scheduled to repeat every fourth Monday of each month through February of 2017.  Begins at 5 pm and ends at 9:30 pm.  The address of Indian Riverside park is 1707 NE Indian River Drive, 34957.

Plan on some great eats with over 20 food trucks scheduled to be available.  Enjoy your dining experience in the park with picnic tables or bring your own blankets and chairs to dine on the lawn.

The current line up of trucks include (subject to change):

Best French Fries
Buenos Nachos
Buggy Bistro
Cheesezilla
Churrasco Grill
Dough Dough’s Donuts
Georgia Boy & Ethel’s Famous Wings
Good Eats See Food
Ice Cream Express
Jjack’s Grill
Meatheads BBQ
Munchie’s Snack Shack
Outside the Box
Parabas Grill
Smoke King BBQ
Think Greek
Veggie Love
Waffle Wagon

See you on Monday night and Bon Appatit!

The Food Truck Invasion Hits Jensen Beach

Quarterly Market Report for St. Lucie County Single Family Homes

08.28.16 by

Quarterly Market Report for St. Lucie County Single Family Homes

2’nd Quarter 2016

Click the image below to view the full details of the St. Lucie County single family homes market report data as reported by St. Lucie County Realtor for the 2’nd quarter of 2016.

St Lucie County Single Family 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Mariner Cay August 2016 Market Report

08.28.16 by

Mariner Cay August 2016 Market Report

There are 4 properties on the market in Mariner Cay.  3 homes and one condo.  List prices range from $269,000 up to $2,699,999 for an average list price of $1,379,500 or $375.40 per sq. ft. of living area.

Two properties are under contract (pending).  One condo and one home.  List prices are $425,000 and $650,000 for an average list price of $537,500 which equals $190.53 per sq. ft. of living area.  These two properties averaged 293 days on market before accepting their current offer.

In the past 12 months, 10 properties have sold in Mariner Cay.  9 were condos and only one home.  Sales prices ranged from $200,000 up to $720,000 for an average sales price of $317,450 which works out to $176.91 per sq. ft. of living area.  These homes and condos averaged 279 days on market before going under contract and sold for an average of 95% of the last listed price.

About the Mariner Cay Community

Why should you look into Mariner Cay real estate? The real estate market has much to offer in today’s economy. That is why a great deal of time and effort must be put into searching for the best option available. When it comes to options available Mariner Cay waterfront homes have so much to offer. This wonderful community located along what is referred to as the Treasure Coast of Florida in Martin County is appealing for many different reasons.

Florida’s subtropical and tropical climate makes many seasonal activities year round. In addition, many other choices are added to the extensive list of pursuits in recreation, entertainment and outdoor adventures. With all the water the beaches are a must for an inexpensive form of pleasure and relaxation. Hand in hand with the water comes fishing. Martin County is home to a long list of fishing tournaments, boating activitiesand other related hobbies. Mariner Cay real estate provides an access point into this intriguing world of water through the Mariner Cay marina. Situated in the Manatee Pocket in Stuart Florida the marina is a short distance form St. Lucie Inlet and the cross-roads of the Southeast Florida water-ways. The marina allows you to take advantage of the 60 mile span between its location and the Grand Bahamas Island if you are one with an adventurous spirit. The marina exemplifies the attention to details seen throughout the Mariner Cay real estate properties.

For instance, the marina offers:

  • 90% of Mariner Cay slips are available to the public
  • 51 slips that  accommodate boats up to 80 feet and 6 ft. draft
  • Annual, monthly and daily (transient) slips available
  • Approximately 100′ of face dock dedicated to transient boaters
  • Refueling dock with non-ethanol gas and diesel
  • Electricity (30 & 50 amp) and water (good quality) at each slip
  • Sanitary Pump-out
  • Restrooms, showers and washer/dryer facilities
  • Soft drinks and ice
  • Swimming pool adjacent to marina
  • Gated 7/24 security with roving night-time guards
  • ATM, banks, and grocery shopping close by
  • At least five restaurants within easy dinghy ride
  • Boat works, one do it yourself, available on Manatee pocket
  • Free High Speed Internet and 24/7 Wi-Fi.

With a marina like this it is no wonder Mariner Cay real estate has exclusive waterfront estates as well as waterfront townhouses and condos. A beautiful yacht club with dockage comes with the properties benefits. Mariner Cay real estate offers amenities like

  • community pool
  • tennis courts
  • fitness center
  • cabana
  • and so much more

With this great Stuart location, Mariner Cay real estate is close to it all. When you start asking yourself about the differences in waterfront communities give us a call. We will show you the differences and special features that come along with the amazing Mariner Cay real estate offers.

Search Mariner Cay Real Estate

Mariner Cay August 2016 Market Report

Quarterly Market Report for Martin County Townhouses and Condos

08.27.16 by

Quarterly Market Report for Martin County Townhouses and Condos

2’nd Quarter 2016

Click the image below to view the full details of the Martin County townhouses and condos market report data as reported by Martin County Realtor for the 2’nd quarter of 2016.

Martin County Townhouse and Condo 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Pipers Landing August 2016 Market Report

08.27.16 by

Pipers Landing August 2016 Market Report

Pipers Landing in Palm City FL

There are currently 30 active listings for sale in Pipers Landing.  List prices for these homes range from $54,500 to $500,000 for an average list price of $223,580 which equals $83.46 per sq. ft. of living area.

As of this time there are 3 homes under contract which haven’t closed to date.  List prices for these properties ranged from $99,900 to $190,000 for an average of $136,633 which is $57.83 per sq. ft. of living area.  These three homes averaged 557 days on market before going under contract.

In the past 12 months 22 homes have sold in Pipers Landing.  The sales prices ranged from a low of $25,000 up to $560,000.  The average sales price was $210,343 or $65.34 per sq. ft. of living area.  These sold listings averaged 173 days on the market before going under contract and sold at an average of 74% of the list price.

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

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

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Palm City Real Estate is presented by:
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Pipers Landing August 2016 Market Report

Quarterly Market Report for Martin County Single Family Homes

08.26.16 by

Quarterly Market Report for Martin County Single Family Homes

2’nd Quarter 2016

Click the image below to view the full details of the Martin County single family homes market report data as reported by Martin County Realtor for the 2’nd quarter of 2016.

Martin County Single Family 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Lakeside Condos Indian River Plantation August 2016 Market Report

08.26.16 by

Lakeside Condos Indian River Plantation August 2016 Market Report

For August 2016, there are 3 active active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $239,900 to $295,000 for an average list price of $261,300 which works out to $248.13 per sq. ft. of living area.

There are 2 condos under contract and awaiting settlement.  These condos were listed for $169,000 and $230,000 for an average of $199,500 or $273.51 per sq. ft. of living area,  These two condos averaged 38 days on the market before going under contract.

In the past 12 months, 4 condos have sold in Lakeside with sales prices ranging from $159,0000 to $255,000 for an average sales price of $218,000 which is $225.35 per sq. ft. of living area.  These condos sold for an average of 96% of the list price and in an average of 60 days on market (before going under contract).

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

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

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

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

Lakeside Condos Indian River Plantation August 2016 Market Report

Florida Townhouses and Condos 2016 2’nd Quarter Report

08.25.16 by

Quarterly Market Report for Florida Townhouses and Condos

2’nd Quarter 2016

Click the image below to view the full details of the Florida townhouses and condos market report data as reported by Florida Realtor for the 2’nd quarter of 2016.

Florida Townhouse and Condo 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Windstone Palm City August 2016 Market Report

08.25.16 by

Windstone Palm City August 2016 Market Report

Windstone real estate in Palm City FL

As of August, 2016:

There are currently 4 active listings for sale in Windstone.  List prices for these homes range from $485,500 to $1,025,000 for an average list price of $678,850 which equals $222.03 per sq. ft. of living area.

As of this time there are no homes under contract and awaiting sale in Windstone.

In the past 12 months 4 homes have sold in Windstone.  The sales prices ranged from $485,000 to $627,500.  The average sales price was $578,750 or $154.08 per sq. ft. of living area.  These sold listings averaged 181 days on the market before going under contract and sold for 97% of the list price.

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2016 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Larger lot sizes of half acre and more in these newer homes are the rule.  The neighborhood itself is very un-crowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City August 2016 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone Palm City August 2016 Market Report is within close range to “A” rated school, I-95 and Florida’s turnpike making this a great place for locals or commuters to call home!

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Palm City Florida Real Estate presented by:

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Windstone Palm City August 2016 Market Report

Florida Single Family Homes 2016 2’nd Quarter Report

08.24.16 by

Quarterly Market Report for Florida Single Family Homes

2’nd Quarter 2016

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 2’nd quarter of 2016.

Florida Single Family 2nd Quarter Market Report

View the entire set of data at GabeSanders.com

Kingswood Condo August 2016 Market Report

08.24.16 by

Kingswood Condo August 2016 Market Report

August 2016 Market Update:

There are 6 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from$55,000 to $107,900 for an average list price of $82,533 which equals $75.74 per sq. ft. of living area.

There are currently 2 condos under contract with list prices of $89,0000 and $99,900 for an average list price for these pending sales of $94,450 or $89.13 per sq. ft. of living area.  These two condos averaged 49 days on the market before going under contract.

23 condos have sold in the past 12 months.  Ranging in sales price from $47,500 to $103,000.  The average sales price was $73,243 which comes out to $67.92 per sq. ft. of living area.  These condos sold on average of 92 days on market days with sales prices at 92% of list price.

Kingswood Condos in Stuart FL

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

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

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

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

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

Search here for all available Kingswood Condos for Sale

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Stuart Florida Real Estate is presented by:
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Kingswood Condo August 2016 Market Report

Hobe Sound FL 33455 Condo Market Report July 2016

08.23.16 by

Hobe Sound FL 33455 Condo Market Report July 2016

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

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

There are currently 3 active condo listings. (Down by 1 condos from June)

Hobe Sound FL 33455 Condo Market Report July 2016

6 Condos are pending and awaiting close. (Unchanged in pending condos from June)

Hobe Sound FL 33455 Condo Market Report July 2016

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

Hobe Sound FL 33455 Condo Market Report July 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 July, 2016 the absorption rate is 1 month (it was 1.3 months in June).  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 July 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 July 2015 numbers were: 3 active listings, 6 pending sales and 1 closed sales.  Very similar numbers to last year with better closed sales for 2016..

Hobe Sound FL 33455 Condo Market Report July 2016

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Hobe Sound FL 33455 Condo Market Report July 2016

Tres Belle August 2016 Market Report

08.23.16 by

Tres Belle August 2016 Market Report

There are 6 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $599,900 to $898,900 for an average list price of $708,467 which works out to $201.34 per sq. ft. of living area.  A number of these homes are new construction from Kolter Homes.  If interested in new construction, please ask about our new home buyer rebate program.

There is currently 1 home under contract that was listed for $774,900 or $254.57 per sq. ft. of living area.  This home was on the market for 71 days before going under contract.

12 homes have sold in the past 12 months.  Sales prices ranged from $549,900 to $899,900.  The average sales price was $664,517 which comes out to $191.12 per sq. ft. of living area.  These homes sold on average of 118 days with sales prices at 98% of list price.

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle Stuart Florida real estate

The first homes were completed in 2007 and construction and sales of new homes continue to this date (August 2016).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

Tres Belle Stuart Florida real estate

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

pool 1 Tres Belle Stuart Florida real estate

For boaters, there are an abundance of  waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The HOA fees are $588 per quarter and include maintenance of the common areas as well as Cable TV.  This is a pet friendly community.

Search here for all Stuart FL real estate

Tres Belle August 2016 Market Report

Hobe Sound FL 33455 Residential Market Report July 2016

08.22.16 by

Hobe Sound FL 33455 Residential Market Report July 2016

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

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

There are currently 192 active listings. (Down by 1 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2016

83 Residential sales are pending and awaiting close  (Down by 17 homes from June)

Hobe Sound FL 33455 Residential Market Report July 2016

46 Homes Sold in July (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report July 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues perform strongly though signs of reduced activity are showing up as the inventory increases and pending sales decrease.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.2 months (3.6 months in June).  Still a 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 July 2015 were:  163 active listings, 90 pending sales and 55 closed sales.  Better activity last year with less inventory to work with.  A somewhat slower market for Hobe Sound this year compared with last year.

Hobe Sound FL 33455 Residential Market Report July 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 July 2016

Four Rivers August 2016 Market Report

08.22.16 by

Four Rivers August 2016 Market Report

There are currently 8 homes for sale in Four Rivers in Palm City FL ranging in price from $749,900 to $1,800,000 for an average list price of $980,238 or $282.62 per sq. ft. of living area.

 There is one pending sale in Four Rivers.  This home was listed for $850,000 at $190.16 per sq. ft. of living area and was on the market for 62 days before going under contract.

4 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $425,000 to $1,625,000 for an average sales price of $930,625 which is $304.92 per sq. ft. of living area.  These homes averaged 91 days on the market before accepting an offer and the sales were on average at 92% of the list price.

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.

Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Four Rivers is a wonderful place to call home.

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Four Rivers August 2016 Market Report

Jensen Beach FL 34957 Condo Market Report July 2016

08.21.16 by

Jensen Beach FL 34957 Condo Market Report July 2016

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

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



There are currently 112 active listings. (Increased by 90 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

46 Condo sales are pending and awaiting settlement. (Up by 32 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

27 Condos Sold (Up by 24 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2016

 For the Jensen Beach FL 34957 Condo Market Report July 2016 a change in our MLS sampling database includes a greater number of condos located in this zip code that are on Hutchinson Island in Saint Lucie county as well as mainland Jensen Beach.

The one month absorption rate for the July 2016, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.1 months (from 7.3 months in June), bringing Jensen beach condos back into a sellers’ market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The July 2015 numbers were: 25 active listings, 13 pending sales and 3 condos closed.  We had a change in reporting datsa and we 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 July 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Condo Market Report July 2016

Jensen Beach FL 34957 Residential Market Report July 2016

08.20.16 by

Jensen Beach FL 34957 Residential Market Report July 2016

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

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

 There are currently 164 active listings. (Up by 65 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2016

66 Residential sales are pending and awaiting close or lender approval. (Decreased by 4 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2016

56 Homes Sold (Up by 19 home sales from June)

Jensen Beach FL 34957 Residential Market Report July 2016

The Jensen Beach FL 34957 Residential Market continues to perform as an extreme sellers market.  Though it may slow some as pending sales were off for July along with a big jump in inventory.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.9 months ( was 2.7 months in March).  A very extreme sellers market for Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2015 numbers were: 108 active listings, 85 pending sales and 35 home sales closed.   Much better sales activity this year but better pending activity last year.
Jensen Beach FL 34957 Residential Market Report July 2016

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All Residential properties for sale in the 34957 Zip Code area of Jensen Beach FL

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

Palm City FL 34990 Condo Market Report July 2016

08.19.16 by

Palm City FL 34990 Condo Market Report July 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for July 2016

For July 2016 in the 34990 Zip Code area of Palm City, Florida :



There are currently 60 active condo listings. (Decreased by 5 condos from June)

   Palm City FL 34990 Condo Market Report July 2016

7 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month)

Palm City FL 34990 Condo Market Report July 2016

3 Condos Sold in July. (Down by 4 condos from June)

Palm City FL 34990 Condo Market Report July 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Condo sales were off considerably for July.  Not totally unexpected as typically the summer months are the slow time for Palm City condo sales.

The current absorption rate for condos in the 34990 zip code area continued to rise to 20 months (was 16.3 months in July).   Now one of the few areas where it’s a strong buyers market in Martin County.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2015 numbers were: 60 active listings, 7 pending sales and 6 closed sales.   Slightly better sales numbers last year, otherwise everything else is identical for this year.
Palm City FL 34990 Condo Market Report July 2016

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Palm City FL 34990 Condo Market Report July 2016

Palm Cove Golf and Yacht Club August 2016 Market Update

08.19.16 by

Palm Cove Golf and Yacht Club August 2016 Market Update

There are currently 9 homes actively listed in Palm Cove Yacht and Golf Cub for August 2016 in Palm City, Florida.  List prices range from a low of $299,000 up to the highest which is a waterfront home for $2,105,000.  The average list price is $968,409 which works out to $226.03 per square foot of living area.

There are no homes or condos under contract in the Palm Cove community of palm City as of August 2016.

In the past 12 months, 14 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $205,000 up to $1,800,000 for an average sales price of $593,304 or $176.07 per square foot of living area.  These homes were on the market for an average of 150 days prior to going under contract and sales prices averaged at 95% of the list price

Palm Cove Golf and Yacht Club in Palm City

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

Palm Cove Golf and Yacht Club in Palm City

There’s a magnificent club house located riverside by the marina.  Residents enjoy 24 hour security from the manned gated entrance.  The Palm Cove Golf and yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to palm Cove and is controlled by remote from the main security gate.

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Home owner (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

guardgate

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Palm Cove Golf and Yacht Club in Palm City

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

 For any questions, you may have about the palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

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

Palm Cove Golf and Yacht Club August 2016 Market Update

Palm City FL 34990 Residential Market Report July 2016

08.18.16 by

Palm City FL 34990 Residential Market Report July 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2016

For July 2016 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 383 active listings (Increased by 21 homes from June)

Palm City FL 34990 Residential Market Report July 2016

 120 Residential sales are pending and awaiting close or lender approval. (Down by 48 homes from last month)

Palm City FL 34990 Residential Market Report July 2016

83 Homes Sold in June (Up by 7 homes from June)

Palm City FL 34990 Residential Market Report July 2016

The Palm City FL, zip code 34990 residential real estate market activity continues to be very strong.  Troubling for July is the sharp drop of pending sales which may indicate reduced sales volume for the near future.
The monthly absorption rate decreased slightly to to 4.6 months from 4.8 months in June.  Still in a strong sellers 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 July 2015 numbers were:  363 active listings, 162 pending sales and 71 closed sales.  We have just surpassed last year’s inventory numbers and have slightly better closed sale numbers, unfortunately not so strong with the pending sales.

Palm City FL 34990 Residential Market Report July 2016

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Palm City FL 34990 Residential Market Report July 2016