Jensen Beach FL 34957 Condo Market Report April 2016

Jensen Beach FL 34957 Condo Market Report April 2016

 

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

 

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



There are currently 32 active listings. (Increased by 7 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

8 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

12 Condos Sold (Increased by 3 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2016

 The Jensen Beach FL 34957 Condo Market Report April 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  The Jensen Beach condo inventory is the real issue with not enough to choose from for those buyers looking in the area, though for April we had a nice little increase which will hopefully continue.  Unfortunately pending sales were off for the month.

The one month absorption rate for the April 2016, Jensen Beach Florida Market Report ZIP Code 34957 was 2.7 months (from 2.8  months in March), continuing as a very extreme sellers market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2015 numbers were: 28 active listings, 16 pending sales and 11 condos closed.  Similar to last years numbers.

Jensen Beach FL 34957 Condo Market Report April 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 April 2016

Harborage Yacht Club May 2016 Market Report

Harborage Yacht Club May 2016 Market Report

For May 2016 there are 19 active listings in the Harborage Yacht Club with list prices ranging from $139,900 up to $310,000 for an average list price of $204,391 which comes out to $172.65 per sq. ft. of living area.  As of May 17, 2016 the average days on market for these condos is 276.

There is only one condo under contract.  The list price was $150,000 or $128.31 per sq. ft. of living area with this condo going under contract 28 days after being listed.

In the past 12 months, 7 condos have sold.  Sales prices were from $127,000 up to $230,000 for an average sales price of $163,714 which equals $136.18 per sq. ft. of living area.  These condos sold on average at 90% of list price and took an average of 389 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida

Harborage Yacht Club in Stuart Florida
Harborage Yacht Club in Stuart Florida

Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.

The Harborage Yacht Club and Marina consists of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006.  Completely sold out at it’s unveiling, many units are currently available at deeply discounted prices.

Harborage Yacht Club in Stuart FloridaHarborage Yacht Club in Stuart FloridaThe marina consists of 150 deep water docks available for rent for both owners and visitors to the beautiful Treasure Coast. Amenities include a state of the art 3 story yacht club, with the exclusive Harbor Grille restaurant, a completely equipped professional fitness center with sauna and spa, infinity edge pool and spa, and much, much more.

Yacht club membership is included for all residents and limited memberships are available for non-residents at this time. Recent changes to the HOA fees have had a negative effect on sales in Harborage with the current fees exceeding $1,000 a month.  This includes a great many amenities and for the price of newer waterfront units it may just be worth it for the right buyer.

Search for available Condos in the Harborage Yacht Club

Jensen Beach FL 34957 Residential Market Report April 2016

Jensen Beach FL 34957 Residential Market Report April 2016

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

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

 There are currently 113 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2016

72 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from March)

2 pending

37 Homes Sold (Increased by 8 homes from March)

3 sold

The Jensen Beach FL 34957 Residential Market had a very strong April with increase in both pending and closed sales.  Unfortunately, the active inventory continues to decline with fewer choices for those buyers in the market for a Jensen Beach home.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.1 months (was 4.3 months in March).  An 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 April 2015 numbers were: 145 active listings, 88 pending sales and 48 home sales closed.   Better activity last year, but also with considerably higher inventory.
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Jensen Beach FL 34957 Residential Market Report April 2016

Sunset Cove Condos May 2016 Market Report

Sunset Cove Condos May 2016 Market Report

For May 2016, there are two condos listed in the Sunset Cove condos of North Stuart on the Saint Lucie River.  These two condos are listed at $234,900 and $269,900 for an average list price of $252,400 which equals $154.66 per sq. ft. of living area.  These two condos have been on the market for an average of 26 days as of May 17.

There is one condo currently under contract that was listed for $249,900 or $159.17 per sq. ft. of living area.  This condo was on the market for 162 days prior to accepting the current offer.

In the past 12 months, 2 Sunset Cove condos have sold.  Sales prices were $209,344 and $315,000 for an average sales price of $262,172 which is $166.99 per sq. ft. of living area.  These sales averaged 98% of the average list price and went under contract in an average of 103 days after being listed.

About the Sunset Cove Condos

Sunset Cove Condos in Stuart FL

Sunset Cove is a beautiful condo complex north of the Roosevelt Bridge in Stuart FL and just south of the North River Shores area of Stuart.  This four story elevator equipped condo building lies on the east side of the north fork of the Saint Lucie River with magnificent wide water views from all 32 condos.

Sunset Cove Condos in Stuart FL

This building was built in 1981 and has deep water dockage with easy ocean access as well as a pool, Jacuzzi and club house.  Residents enjoy reserved covered parking spaces as well as ample guest parking.  Great location with just a short hop across the bridge to enjoy all the amenities of historic downtown Stuart.  Also, easy access to shopping, restaurants and the Treasure Coast Mall.

Sunset Cove Condos in Stuart FL

These are spacious 2 bedroom condos with either 1,570 sq. ft. or 1,690 sq. ft. of living space along with wide open balconies to enjoy (as the name implies) scenic sunsets over the wide river.

Sunset Cove Condos in Stuart FL

Sunset Cove has no age restrictions and also welcomes up to 1 small pet.  Rentals are also permitted with some restrictions.  The current condo association fees are $520 per month (April 2016) and include building maintenance and insurance as well as common areas, exterior pest control, trash pickup, etc.  Those utilizing the docks have an additional charge of $1.75 per linear foot of their boats.

Click here to see if any Sunset Cove condos are available for sale

Sunset Cove Condos May 2016 Market Report

Palm City FL 34990 Condo Market Report April 2016

Palm City FL 34990 Condo Market Report April 2016

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

 

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



There are currently 65 active condo listings. (No change in active condos from March)

   Palm City FL 34990 Condo Market Report April 2016

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

Palm City FL 34990 Condo Market Report April 2016

8 Condos Sold in April. (Up by 4 condos from March)

Palm City FL 34990 Condo Market Report April 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For April of 2015 sales increased nicely while pending sales were off while the inventory remained unchanged, though higher thanlast year.

The current absorption rate for condos in the 34990 zip code area dipped to 8.1 months (was 16.25 months in April).   Still a buyers market for Palm City condos, though these numbers should be taken with a grain of salt because of the low number of available properties.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The April 2015 numbers were: 55 active listings, 11 pending sales and 7 closed sales.   Very similar activity to last year, though interestingly the inventory of available condos has now exceeded last years amount.
Palm City FL 34990 Condo Market Report April 2016

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Palm City FL 34990 Condo Market Report April 2016

Palm City FL 34990 Residential Market Report April 2016

Palm City FL 34990 Residential Market Report April 2016

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

 

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

 

There are currently 375 active listings (Decreased by 24 homes from March)

Palm City FL 34990 Residential Market Report April 2016

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

Palm City FL 34990 Residential Market Report April 2016

84 Homes Sold in March (Increased by 4 sold homes from March)

Palm City FL 34990 Residential Market Report April 2016

The Palm City FL, zip code 34990, residential real estate market continues to be an active market with properly priced homes moving very quickly.  This activity will most likely continue through the summer season.
The monthly absorption rate decreased to to 4.7 months from 5 months in March.  Continuing as a 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 April 2015 numbers were:  381 active listings, 217 pending sales and 73 closed sales.  Better closed volume for this year but pending sales were better last year.

Palm City FL 34990 Residential Market Report April 2016

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Palm City FL 34990 Residential Market Report April 2016

Royal Oak Towers B-1 Leased

Royal Oak Towers B-1 Leased

Royal Oak Towerss in Stuart FL

The rental market in Stuart FL is competitive and this Royal Oak Towerss condo in Stuart FL was leased after 1 day of being made available on the MLS.  Leased for $1,300 a month.

Royal Oak Towerss in Stuart FL Royal Oak Towerss in Stuart FL

Ground floor unit near downtown. Walk to restaurants, the Lyric and shops. 2 bedroom, 2 bath over looking the fountain. Laminate wood floors in living room, tile in bedrooms. Kitchen has Corian counter, breakfast bar and pantry. Hurricane windows recently installed. Lots of natural light. Screened in patio. Back door opens to small grass area and walk way to pool. Unit has 1 covered parking spot. Only minutes to the beach.

Royal Oak Towerss in Stuart FL Royal Oak Towerss in Stuart FL

Royal Oak Towerss in Stuart FL Royal Oak Towerss in Stuart FL

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More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.

Condo in Downtown Stuart Just Listed

 

 

Stuart FL 34997 Condo Market Report April 2016

Stuart FL 34997 Condo Market Report April 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2016

 

For April 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 71 active condo listings (Down by 4 condos from March).

Stuart FL 34997 Condo Market Report April 2016

39 Condo sales are pending and awaiting close or lender approval Up by 1 condos from March).

Stuart FL 34997 Condo Market Report April 2016

16 Condos Sold in April (Decreased by 5 condos from March).

Stuart FL 34997 Condo Market Report April 2016

     The Stuart FL condo market for zip code 34997 for April had fewer sales than the previous month while also continuing a reduction in inventory, while pending sales remained moderate.
     The one month absorption rate jumped to 4.4 months from 3.6 months for March.  Still a sellers market though drifting towards more of a balanced market. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The April 2015 numbers were: 43 active listings, 30 pending sales and 18 closed sales.  One of the few segments of the Martin County real estate market with a higher inventory this year as compared to last.  Consequently we should have better sales volume, but alas, it was stronger last year.

Stuart FL 34997 Condo Market Report April 2016

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for April 2016

 

 

Stuart FL 34997 Residential Market Report April 2016

Stuart FL 34997 Residential Market Report April 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for April 2016

 

There are currently 309 active listings (Increased by 1 homes from March).

Stuart FL 34997 Residential Market Report April 2016

219 Residential sales are pending and awaiting close or lender approval (Increased by 44 homes from March).

Stuart FL 34997 Residential Market Report April 2016

99 Homes Sold in April (Increased by 21 homes from March)

Stuart FL 34997 Residential Market Report April 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the most active segment of the Martin County single family real estate market.  Closed and pending sales had a second month of large improvements from last month as this segment of the Stuart residential real estate market remains very active and at a big advantage for sellers.
     The current one month absorption rate plunged to 3.1 months (was 3.9 months for March).  Even a stronger sellers market for the 34997 segment of the Stuart residential market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2015 numbers for April, were: 315 active listings, 223 pending listings and 98 closed sales.  Very similar activity to last year.
Stuart FL 34997 Residential Market Report April 2016

Search here for 34997 Zip Code of Stuart FL real estate for sale

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Stuart FL 34997 Residential Market Report April 2016

 

Listen to Your Realtor

Listen to Your Realtor

Realtor

In their quest to sell their homes for the best prices and under optimum conditions, people often hire a trained real estate professional to help them in their quest. And they may consider their Realtor as just that; a helper who will sell their home under their conditions, and under their specific dictates.

While your Realtor indeed has been hired to serve and assist you in what can be a challenging and even daunting process, you may want to slightly shift your perception of this trained real estate professional; thinking of he/she more as your informed partner as opposed to your employee.

When you think of it, the two of you together just may form the perfect and ideal home selling partnership. For while you have a great deal of inside information regarding your home and its many assets and amenities, your Realtor will have the knowledge and the experience to determine which of these assets qualify as verified selling points. And furthermore, they will know how to showcase these points to the very best effect.

You already know, of course, that you have a beautiful home. Yet your Realtor is likely to have a great deal of advice about how to sell this residence; and in a great variety of ways.

agent

1. Your Realtor has an endless and very helpful array of marketing tools right at their fingertips. They can photograph, videotape, compose written descriptions of and conduct physical face to face showings of your magnificent residence, and on websites and in newspapers, magazines and other publications that people consult for the specific purpose of shopping for a new home.

2. Your Realtor may have a more realistic view of your home than—well, than you do. Sorry! You may have the perception that your home is an ebullient showplace worthy of the top price on the market. Your real estate professional, on the other hand, can view your house through a substantially more objective lens; comparing its assets and drawbacks to those possessed by other houses currently on the market.

3. Your Realtor knows all of the rules and regulations involved in selling a home. Terms such as interest rates, mortgages, home inspections and closing costs may threaten to boggle your mind; yet with the help of a trained real estate professional, you can indeed navigate the waters of legal and efficiently conducted home sales.

So as you seek to market and sell your home, it is always important to listen to your Realtor!  And, if you are looking for a Realtor who knows the Treasure Coast of Florida, give me a call.

Stuart FL 34996 Condo Market Report April 2016

Stuart FL 34996 Condo Market Report April 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2016

For April 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 126 active condo listings (Up by 12 condos last month).

Stuart FL 34996 Condo Market Report April 2016

48 Condo sales are pending and awaiting close or lender approval (Decreased by 5 condos from March).

Stuart FL 34996 Condo Market Report April 2016

37 Condos Sold in April (Increased by 6 condos from March) 

Stuart FL 34996 Condo Market Report April 2016

The Stuart FL 34996 Condo Market of Stuart showed strong sales volume and a welcome increase in inventory for this April 2016 market report.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to only 3.4 months from March’s 3.9 months.  Even a stronger sellers market for April when compared to earlier months.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2015 were: 110 active listings, 55 pending sales and 23 closed sales.  Impressively, better closed sales for this year.  And, also one of the few segments of our market with greater inventory than was available last year.

Stuart FL 34996 Condo Market Report April 2016

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Stuart Florida Real Estate presented by:
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Stuart FL 34996 Condo Market Report April 2016

May 2016 Market Report for River Pines in Stuart FL

May 2016 Market Report for River Pines in Stuart FL

As of may 2016, there are 6 active listings for River Pines townhomes for sale in Stuart, FL.  Prices range from $129,900 to $149,900 which equals to an average list price of $143,883 or $111.71 per sq. ft. of living area.

There are 6 River Pines town homes under contract awaiting sale.  List prices are from $89,000 to $154,900 for an average list price of $123,250 or $102.47 per sq. ft. of living area.  These properties averaged 89 days on the market prior to going under contract.

In the past 12 months, 23 townhouses have sold in River Pines with sales prices ranging from$95,000 to $147,000 which equals to an average sales price of $120,261 or $93.37 per sq. ft. of living area.  These townhomes have been on the market for an average of 43 days prior to going under contract and sold for 95% of the last list price.

River Pines Townhomes

Located just off the Intracoastal Waterway off of Cove Road in Stuart is the River Pines community. 396 private residences in quad style town-homes.   This community was built in 1981 and 1982 and all homes are 1288 sq. ft. of living area with 2 bedrooms and 2 and ½ baths. There are large private courtyards for each home, some of which the residents have enclosed for added living area.

River Pines in Stuart FL

Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages are welcome and 2 small pets are permitted. Each home has 2 reserved parking spots with additional guest parking. Amenities include 2 Community pools, tennis courts and racquetball/handball courts. There’s also a private preserve adjacent to the Intracoastal available exclusively for residents use.

River Pines in Stuart FL

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street).

River Pines in Stuart FL

As of May, 2014 HOA fees were $160 per month.

River Pines in Stuart FL

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May 2016 Market Report for River Pines in Stuart FL

Stuart FL 34996 Residential Market Report April 2016

Stuart FL 34996 Residential Market Report April 2016

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2016

 

For April 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 151 active listings (Down by 12 homes from March).

Stuart FL 34996 Residential Market Report April 2016

55 Residential sales are pending and awaiting close or lender approval (Up by 4 homes from March).

Stuart FL 34996 Residential Market Report April 2016

25 Homes Sold in April (Increased by 2 homes from March).

Stuart FL 34996 Residential Market Report April 2016

The 34996 zip code area of the Stuart Florida residential real estate market showed some gains in all tracked criteria for April.  Though, the inventory continues to decline.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April decreased to 6 months as compared to March’s 7.1 months.  A balanced market for this section of Martin County.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2015 were: 173 active listings, 29 pending sales and 18 closed sales.  Considerably better volume this year than for April of last year even with a reduced inventory.  Quite impressive.

Stuart FL 34996 Residential Market Report April 2016

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

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Stuart FL 34996 Residential Market Report April 2016

Oakbrooke Estates May 2016 Market Report

Oakbrooke Estates May 2016 Market Report

As of may 2016, there are 3 homes for sale in the Oakbrooke Estates community of Palm City in Martin County Florida.  The list prices for these homes range from $479,900 to $529,900 for an average list price of $492,400 which also equals $140.56 per sq. ft. of living area.

There are 4 homes under contract which haven’t sold to date.  List prices for these 4 homes range from $439,000 up to $489,000 for an average of $466,675 or $144.43 per sq. ft. of living area.  These homes only averaged 14 days on the market prior to going under contract.

In the past 12 months, 6 Oakbrooke Estates homes have sold.  Sales prices were from $400,000 up to $490,000 and averaged $431,000 which equals $137.80 per sq. ft. of living area.  These 6 homes sold for 97% of the last list price and went under contract in an average of 52 days after being listed.

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City FL

Also known as Oakbrooke Estates Gardens.  Located on the north side of Martin Hwy (State Road 714) and just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike.  This community was built between 2003 and 2005 and consists of 70 single family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft. and all these homes come with with 3 car garages.

Oakbrooke Estates real estate in Palm City FL

Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs.  There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security.  The low HOA fees of $180 cover the common areas, security gate, trash pickup and basic cable TV.

Oakbrooke Estates real estate in Palm City FL

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle and Martin County High Schools.

Oakbrooke Estates real estate in Palm City FL

A wonderful family friendly community of newer palm City Homes.

Check here to see if any Oakbrooke estates homes are available for sale

 

Stuart FL 34994 Condo Market Report April 2016

Stuart FL 34994 Condo Market Report April 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2016

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

 

There are currently 97 active condo listings (Up by 1 condos from March).

Stuart FL 34994 Condo Market Report April 2016

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

Stuart FL 34994 Condo Market Report April 2016

19 Condos Sold in April (Up by 4 condos from March).

Stuart FL 34994 Condo Market Report April 2016

The Stuart FL 34994 Condo market showed some small gains in volume for April and continues to show strong real estate market activity.

The one month absorption rate increased to 5.1 months compared to last month’s 6.4.   Back, once again, into a sellers market for condos in Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last April the numbers were 93 active listings, 40 pending sales, and 19 closed sales.   Similar volumes when compared to last year’s April numbers, though pending sales were better last year.

Stuart FL 34994 Condo Market Report April 2016

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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2016

Hobe Sound 4 BR Open House May 15

Hobe Sound 4 BR Open House May 15

OPEN HOUSE, May 15, Sunday 1:00 PM – 3:00 PM
6441 SE Clairmont Place, Hobe Sound, FL
Get Directions Click Here

Hobe Sound FL real estate

Description Photos Maps & Local Schools Walk Score
$ Click for current price
4 BEDROOMS
2 BATHROOMS (2 full)
2152 Square Feet
Older but solid CBS home in a well established Hobe Sound neighborhood. 3 bedroom, 2 bath home plus garage which has been converted into 4th bedroom.  The 4th bedroom could possibly be a mother-in-law suite with separate entrance. Enter home into a large foyer area that opens to a spacious living room with a wood burning fireplace. Plenty of room in the kitchen for several cooks which is open to a formal dining area. Large fenced back yard with shed. Great family home with lots of room. Updated windows, hurricane shutters and a full home automatic backup generator come with this home. Very well located close to shopping, beaches as well as Jupiter and Stuart FL.
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Stuart Florida Market Report ZIP Code 34994 Residential April 2016

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

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

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

There are currently 65 active listings (Up by 2 homes from March)

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

49 Residential sales are pending and awaiting close or lender approval (Increased by 15 homes from last month).

 Stuart Florida Market Report ZIP Code 34994 Residential April 2016

10 Homes Sold in March (Down by 5 homes from March)

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a slow month of April for closed sales while at the same time showing some pretty good increase in pending sales.  This should signal an increase in closed sales for the coming months.

The one month absorption rate for the 34994 zip code for April jumped to 6.5 months from 4.1 months for March.  Back to a balance market for the 34994 zip code area of Stuart, FL (even though I suspect this is only temporary).  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The April 2014 numbers were 68 Active Listings, 33 pending sales and 21 closed sales.   Better closed sales numbers for last year but higher pending sales for this year.

Stuart Florida Market Report ZIP Code 34994 Residential April 2016

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential April 2016

Whispering Sound Villa in Palm City – Just Listed

Whispering Sound Villa in Palm City – Just Listed

3895 SW Whispering Sound Drive is now available for sale for $210,000.

Whispering Sound is Palm City’s sought after 55 and over community. Gated entry into community that is lovely, lushly landscaped and well maintained. Enter into a large living room with vaulted ceiling, sliding glass doors that open onto a screened lanai with a private garden setting.  Large master bedroom with walk-in closet. Walk-in shower with hand rails. Kitchen is bright and cheerful with breakfast bar and built-in desk. There is a separate dining area. Home has a den that could be made into a 3rd bedroom. Laundry room is inside the house. 2 car garage with lots of shelves. Very active community with clubhouse that has a large kitchen for banquets, a card room, exercise room, pool tables, men and women restroom with showers and women’s has a sauna.

Whispering Sound Palm City

Whispering Sound is a gated age restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

Whispering Sound Homes for Sale in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two car or one car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

Whispering Sound Homes for Sale in Palm City FL

As of this writing (May 2016) the Home Owners’ Association (HOA) fees are approximately $250 per month, payable quarterly.

Clubhouse of Whispering Sound Homes for Sale in Palm City FL

This active 55+ community boasts of an active club house with heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

Search for all Whispering Sound Homes for Sale in Palm City FL


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Sewalls Point Single Family Market Report April 2016

Sewalls Point Single Family Market Report April 2016

Sewalls Point Real Estate Snapshot, Residential Sales for April 2016

There are currently 68 active listings (Down by 2 homes since last month)

Sewalls Point Single Family Market Report April 2016

19 home sales are pending and awaiting close or lender approval (Increased by 5 homes from March)

Sewalls Point Single Family Market Report April 2016

3 Homes sold in April (Decreased by 3 home sales from March)

Sewalls Point Single Family Market Report April 2016

The single family real estate market in Sewalls Point showed a nice increase in pending sales for April, but unfortunately closed sales were once again less than expected.  There does seem to be very good showing activity, so I’m expecting sales to pick up as we head into the summer season.

The current absorption rate exploded to 22.7 months, in March it was 11.7 months. A very strong buyers market for Sewalls Point, and those who have dreamed of moving to Sewalls Point should consider taking advantage of this market while they can.  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 April of 2014, the inventory was 79 homes on the market, 11 pending sales and there were 6 closed sales.  The pending inventory is looking much better for this year.

Sewalls Point Single Family Market Report April 2016

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Sewalls Point Single Family Market Report April 2016

 

May 2016 Market Report for Legacy Cove in Stuart Florida

May 2016 Market Report for Legacy Cove in Stuart Florida

There are currently 5 homes for sale in Legacy Cove in Stuart, FL.  Listing prices range from $319,900 to $475,000 for an average listing price of $404,580 or a price per square foot of living area of $161.49.

There are three homes currently under contract awaiting settlement.  The list prices range from $329,000 to $399,000 or $159.21 per sq. ft. of living area.  These homes averaged 24 days on the market prior to going under contract.

In the past 12 months, 7 homes have sold in Legacy Cove with sales prices ranging from $260,000 to $482,000 for an average sales price of $337,357 or $148.27 per sq. ft. of living area.  These sales averaged 95% of list price and went under contract in an average of 55 days after going on the market.

Legacy Cove in Stuart FL

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off of Cove Road in Stuart, Florida.  Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005.  The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007.  Some homes are yet to be completed in Cove lakes.

Legacy Cove in Stuart FL

There’s a wide variety of homes in Legacy Cove, ranging for the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to  4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two story homes with almost 4,000 square feet of living area.  And many sizes in between.

Legacy Cove in Stuart FL

Legacy Cove boasts a community pool and club house with a fitness center as well as two hard surfaced tennis courts.  Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling.  Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove in Stuart FL

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school and Martin County high school.

Legacy Cove in Stuart FL

The HOA fees are very reasonable at $688.00 per quarter.  Management of the community is through Bristol Management of Stuart.

Legacy Cove in Stuart FL

Residents of Legacy Cove in Stuart Florida enjoy a relaxing life style with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

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For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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May 2016 Market Report for Legacy Cove in Stuart Florida