Hot Property: How to host a Stuart FL summer open house

07.07.16 by

Hot Property: How to host a Stuart FL summer open house

open-house

Summer, the most beautiful and most anticipated season of the year, has arrived! Surely this radiant, festive season is the perfect time to host a real estate open house in Stuart FL. Right? Right?

Well the fact is that, during the hottest months of the year, some folks actually prefer a ‘closed house’ to an open one. More specifically, they might prefer to stay home in the air conditioning, where it is nice and cool; or go to an indoor activity where they are guaranteed to be both comfortable and entertained, like a movie or a restaurant.

So how exactly do you draw people out into the hot weather elements to come see your ‘hot property’—most literally? Well here are a few suggestions that will render your summertime open house events the ‘hottest’—and, in a weird sort of way, also the coolest—happenings of the season.

1. Crank up the ac. Be certain that the air conditioning is activated and fully operational at your open house event, at all times. Guests will be more likely to linger in and look around a home that is temperate and comfortable at all times.

2. Crank up the fans. In rooms that may be difficult to cool, such as patios and garages, you may wish to activate ceiling fans or facilitate the placement of standalone fans that will serve to cool the area. Again, guests are more likely to spend time in areas that are cool and comfortable.

3. Offer cold drinks. Now we are by no means suggesting that you break out a keg and keep the cold beer flowing all throughout the day; remember that guests may very well be bringing their children to the open house, and will be driving home afterwards! It might be a good idea, though, to offer chilly liquid refreshments such as sparkly and flavored bottled waters, iced teas, punches, etc., to fortify—not to mention cool off—thirsty home buyers.

4. Offer tasty summertime snacks. Guests might really enjoy and appreciate a serving of sumptuous ice cream, a tangy popsicle or ice cream bar, fun sno-cones, etc. Aside from cooling off hot home buyers, the serving of these treats will greatly add to the party atmosphere of your open house.

5. Offer novelty hand fans as souvenirs to guests. And if these festive fans just happen to be inscribed with the address and contact number of your open house, then all the better!

open house

Hot Property: How to host a Stuart FL summer open house

Jensen Park Estates July 2016 Market Update

07.06.16 by

Jensen Park Estates July 2016 Market Update

Currently there are 2 homes available for sale in the Jensen Park Estates community of Jensen Beach FL.  These two homes have a list price of $299,900 and $229,000.  The average list price is $266,950 and this equals $165.61 per sq. ft. of living area.  As of July 6, 2016 these homes have been on the market for an average of 141 days.

There are 4 homes under contract and awaiting closing.  List prices are from $219,900 to $319,900 for an average list price of $260,345 or $128.55 per sq. ft. of living area.

In the past 12 months, 18 Jensen Park Estates homes have sold.  Sales prices ranged from a low 0f $159,000 up to $302,000 for an average sales price of $248,767 which equals $146.25 per sq. ft. of living area.  These sales averaged for 96% of the last list price and averaged 40 days on market before going under contract.

Jensen Park Estates is a non-gated community located just west of Savannah Rd in the heart of Jensen Beach.  There are 381 home sites in this community, most of which have been built upon.  Homes were built from 1980 to the latest one which was completed in 2010.

Jensen Park Estates real estate

There’s a wide range of sizes and shapes of homes ranging from 6 bedroom homes with over 3,100 sq. ft. of living area down to more modest 2 bedroom, 2 bathroom homes with just under 1,100 sq. ft.  There are both frame and concrete block construction as well as homes with and without private pools.

Some homes have large lots of over ½ acre while others are fairly modest lots with just over .12 acres.  Homeowner fees are a very reasonable $150 per year.

Jensen Park Estates real estate

Neighborhood children attend the Jensen beach Elementary School which is just a little over ½ mile away, Stuart Middle School and the Jensen Beach High School.

Jensen Park Estates real estate

Very close to shopping areas of US-1 as well as close to the Intracoastal (the Indian River) with its boat ramps, public beaches on Hutchinson Island, Indian Riverside park, and much more.

Jensen Park Estates is an excellent option for both families and retirees looking for affordable homes in the heart of Jensen Beach.

Jensen Park Estates real estate

Search here for available Jensen Beach Estates Homes for Sale

Price Reduced – Seagate Harbor Waterfront Pool Home

07.06.16 by

Price Reduced – Seagate Harbor Waterfront Pool Home

Great opportunity to update this waterfront pool home with dock in Seagate Harbor at 1583 SW Seagull Way.  The list price has been reduced to $425,000.

Seagate Harbor real estate in Palm City

Located in the desirable waterfront community of Seagate Harbor. Three bedroom, 2 bath home on 80 ft wide canal with access to St Lucie River and ocean access. 50 ft dock has electrical. Water depth is a minimum of 5 ft at low tide according to the owner. Hayden mango trees and banana trees are on property. Home has tile in main living area and carpet in master and 1 guest bedroom. There is a butler pantry off of the kitchen that is 5×5. There is a bonus room off the master that can be used as an office or sitting area that is 5×11. Live and play on the water.

Seagate Harbor real estate in Palm City Seagate Harbor real estate in Palm City

More pictures for 1583 SW Seagull Way here!

About Lighthouse Point and Seagate Harbor

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A Rated schools!

Lighthouse Point and Seagate Harbor real estate in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes with wide views of the Saint Lucie River. A community boat ramp is also available. Everything a boater would want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned fir Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high span 60’ +). The canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which has resulted in the transformation starting to take place in this waterfront neighborhood as homes are being torn down or renovated to larger and more state of the art structures.

Those looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.

Search the Martin County MLSSearch for available homes in Lighthouse Point and Seagate Harbor

Price Reduced – Seagate Harbor Waterfront Pool Home

Another Vista Pines Condo (C-12) Sold

07.05.16 by

Another Vista Pines Condo (C-12) Sold

This attractive and well located Vista Pines condo is now the new home to a happy buyer from up north.  This home was sold for $57,000 through the efforts of the Gabe Sanders Real Estate Team.

Vista Pines in Stuart FL

An immaculate condo in the highly sought after condo community of Vista Pines. Furnished with dining table & chairs, couch, and bedroom set. Glassed porch with pocket sliders. Newly painted and move-in ready with updated baths, newer glass top range, and newer window treatments. Active community with clubhouse & activities. Very conveniently located within walking distance to shopping, restaurants & medical, and only 5 minutes to downtown Stuart and the beaches.

Vista Pines condos in Stuart FL Vista Pines condos in Stuart FL

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

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

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

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

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

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

Search for currently available condos in Vista Pines

Tips to Help Choose a Realtor

07.04.16 by

Realtor

The purchase of a new home ranks among the most pivotal decisions in the life of any individual; but this is not an experience that you have to undertake alone. By hiring a professional real estate agent, you can acquire an invaluable friend and partner in the home buying business.

Of course it is well worth noting that the process of choosing a Realtor can in itself be daunting and intimidating. Whenever you surf the Internet or flip through a phone book, open a newspaper or community magazine, take a peek up at the billboards that line your community roadways, or turn on a local television show, you no doubt will see countless advertisements advertising the services of Realtors and real estate agents. They all look friendly and professional, to be sure; but the question remains, which Realtor is just right for you?

Well while we can’t select your Realtor for you, we can give you some basic guidelines that will help you make an informed and ultimately beneficial choice for you.

1. Check their creds. As with any trained professional, a real estate agent should hold the licenses and certifications that well qualify them to do their job—and do it well.

2. Interview your Realtor. Just as you would interview any professional that you wish to undertake any major job for you—from your plumber to your house cleaner to your interior decorator—you may want to sit down with your prospective Realtor and question them about their credentials and experience, as well as their solid and concrete plan for selling your home.

3. Take your time. Unless you have an urgent and pressing need to sell your home as soon as possible, you probably want to take your time in choosing a Realtor. Search local newspapers or phone books and search the Internet to find a number of qualified candidates for the job; then conduct a thorough interview process that will—with any luck—net you the perfect Realtor for the job.

4. Get to know your Realtor. By both conducting prolonged conversations with and perusing the website of your chosen real estate agent, you can really get to know your Realtor. Read their blogs, have coffee with them, check out interviews they’ve done with newspapers and real estate trade publications. Make a friend of your Realtor!

 

Happy Independence Day

07.04.16 by

Happy 240th Birthday to the USA

 

 

Happy Independence Day

Another Conquistador Condo Sold (4-308)

07.03.16 by

Another Conquistador Condo Sold (4-308)

One more Conquistador condo is now occupied by new owners through the efforts of the Gabe Sanders Stuart FL Real Estate Team.  Building 4, Suite 308 has been sold for the price of $118,000.  I know that these folks from Missouri will be very happy in their new home.

Conquistador Condo in Stuart FL

Exceptionally well maintained condo in a vibrant 55+ community with multiple pools, active clubhouse and a 2 acre waterfront plaza on the banks of the Saint Lucie River with a fishing pier and day dock.  For golfers, the 36 hole Martin County municipal golf course is right next door.

Conquistador Condo in Stuart FL Conquistador Condo in Stuart FL

An updated 2 BR, 2 BA home with granite counters and resilient flooring.  Third floor (top floor) in an elevator building with lovely courtyard and pool views. Washer and dryer in the unit.  Wood flooring and updated appliances. Close to historical downtown Stuart, restaurants, shopping, boating and our beaches.

Conquistador Condo in Stuart FL

About Conquistador Condos and Homes:

Conquistador is the prime senior location in Stuart Florida.  Conquistador Condo Building 4 Suite 308 Under Contact are located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single family homes (the estates section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main club house pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Condos in Conquistador

 For any questions you may have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Another Conquistador Condo Sold (4-308)

June 2016 Market Report Locks Landing in Stuart Florida

07.02.16 by

June 2016 Market Report Locks Landing in Stuart Florida

As of June 2016, there were 7 homes on the market in Locks Landing in Stuart Florida.  Listing prices range from $349,000 to $454,000 for an average price of $405,129 which equates to a per square foot of $181.37.

There are 2 homes currently under contract.  List prices were $375,000 and  $499,000, or an average list price of $437,000 which equals $191.52 per sq. ft. of living area.  These homes averaged 1 day on the market before going under contract.

In the past 12 months, 21 homes have sold in Locks Landing with sales prices ranging from $350,000 to $505,000 for an average sales price of $409,924 or $170.37 per sq. ft. of living area. These sales averaged at 96% of listing price and on average went under contract within 79 days of being listed.

Locks Landing in Stuart FL

Locks Landing in Stuart Florida is a planned unit community of 243 homes on the south eastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing in Stuart FL

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots.   Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway.  This wonderful family neighborhood boasts a number of docks with available water and electrics..  Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of fresh water fishing.  For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks Landing in Stuart FL Locks Landing in Stuart FL

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate.  The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer.  This family friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School and South Fork High School

Locks Landing in Stuart FL Locks Landing in Stuart FL

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

 

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

Stuart Florida Real Estate

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

June 2016 Market Report Locks Landing in Stuart Florida

 

June 2016 Market Report The Retreat in Hobe Sound

07.01.16 by

June 2016 Market Report The Retreat in Hobe Sound

For the June 2016 there are currently 6 homes on the market in the Retreat of Hobe Sound, ranging in price from $292,900 to $395,000 for an average price of $345,433 which equals $185.80 per square foot of living area.

There is only one home under contract and awaiting sale.  This home was listed for $269,900 which is equal to $176.87 per sq. ft. of living area.  This home was on the market for 74 days before going under contract.

In the past 12 months, 24 homes have sold in the Retreat.  Sales prices ranged from a low of $255,000 to a high of $490,000 for an average sales price of $325,579 which is $175.51 per sq. ft. of living area. These sales averaged 98% of list price and these homes were on the market for an average of 39 days before going under contract.

the Retreat in Hobe Sound FL

This is a beautiful DiVosta master planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound.  The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

the Retreat in Hobe Sound FL

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second home owner looks forward to in Florida living.  Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts.  Golf course access in right next door at Lost Lake.

the Retreat in Hobe Sound FL

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

 the Retreat in Hobe Sound FL

Currently some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

the Retreat in Hobe Sound FL

Gabe Sanders

Stuart Florida Real Estate

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

June 2016 Market Report The Retreat in Hobe Sound

 

Gabe’s July 2016 HouseCalls Newsletter

07.01.16 by

Gabe’s July 2016 HouseCalls Newsletter

Click on the image below to view or download our July 2016 HouseCalls Newsletter:

Gabe’s July 2016 HouseCalls Newsletter

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

You can see all the past issues here:

HouseCalls Archive

Gabe’s July 2016 HouseCalls Newsletter

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

06.30.16 by

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The May 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a surprisingly strong may after a number of not so stellar months earlier.  Closed sales were up 19.0% from last year (was up 2.9% in April) while new pending sales increased by 13.6% (was down by 8.5% in April).

Prices were mixed with the median sales price increasing by 3.6% (was up by 10.0% in April) while the average sales price decreased by 2.9% (increased 4.7% in April).  St Lucie County townhouses and condos are showing a very sustainable slow increase in prices for the past few months.

The inventory of available townhouses and condos decreased by 37 units from last month to 605 units, which is 4.1% greater than May 2015. The current supply of inventory dropped to 6.0 months, which is 5.3% greater than last year.  The St Lucie County townhouses and condos market remains a balanced market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
May 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.

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

Jensen Beach Golf and Country Club June 2016 Market Report

06.30.16 by

Jensen Beach Golf and Country Club June 2016 Market Report

There are currently 5 homes and/or villas available for sale in the Jensen Beach Golf and Country Club.  List prices range from $259,900 to $399,000 or an average list price of $336,360 which equals $167.09 per square foot of living area.

5 homes are under contract awaiting the final sale.  List prices range from $238,000 to $369,000 for an average list price of $306,180 that equals $162.23 per square foot of living area.  These homes averaged 83 days on market before going under contract.

In the past 12 months, 45 homes have sold.  The sales prices ranged from $230,000 to $487,905 for an average sales price of $312,819 which works out to a price per square foot of  $167.73 at a 97% sales to list price ratio.  These homes were on the market for an average of 56 days before going under contract.

 The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast.  There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders.   Homes began to be constructed in 2000 and new homes from D.R. Horton and Renar Homes have been recently completed.  Previous builders included WCI Communities and Engle Homes.

 The Jensen beach Golf and Country Club is home to the Eagle Marsh Golf Course.   This is apublic course and all are welcome to play.  Inexpensive membership plans are available along with dining facilities, a snack bar and a pro shop.  More information about the Eagle Marsh Golf Club can be found on their web site.

  Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two story pool homes of just over 2500 square feet with 3 car garages.  In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

All of these amenities come at an incredibly attractive HOA fee of around $225 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach, only across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean.  Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available homes in the Jensen Beach Golf and Country Club

 For any questions you may have about the Jensen Beach Golf and Country Club, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Jensen Beach Golf and Country Club June 2016 Market Report

May 2016 Monthly Market Detail St Lucie County Single Family Homes

06.29.16 by

May 2016 Monthly Market Detail St Lucie County Single Family Homes

May 2016 Monthly Market Detail St Lucie County Single Family Homes is bucking the trend from the rest of Florida amd it’s neighbor to the south with strong increases in activity as compared to last year.  Closed sales were up by 11.2% (in April they were down by 3.0%) and new sales under contract (new pending sales) increased by 7.7% (they were up by 7.6% last month).

And along with increased sales prices are also continuing to go higher for May.  Both the median and average sales prices up by 15.6% and 15.2% respectively from last May (For April these numbers were 12.9% and 15.5%).

Active listings fell by 91 homes to 1,628 homes.  This inventory is 6.3% greater than last year.  The current supply of homes is at 3.6 months (an 9.1% increase from last year). The St Lucie County single family home market remains in a hot sellers market.

May 2016 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
May 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.

May 2016 Monthly Market Detail St Lucie County Single Family Homes

Vista Pines Condo Under Contract for Lease

06.29.16 by

Vista Pines Condo in Stuart FL – Leased in One Day

 

Under Contract

Vista Pines Condo for Lease
Description Photos Maps & Local Schools Print Brochure My Reviews

Vista Pines Condos in Stuart FL


Rentals in Martin County

2600 SE Ocean Blvd., Stuart, FL 34996 Building JJ – Unit 5


Bedrooms: 1 | Bathrooms: 1 full, 1 half | List Price: $ Get Current Price | 814 square feet
Available for annual lease, this is a furnished first floor end unit condo that is totally updated with a new kitchen, including new appliances, tile floors and freshly painted. This spacious unit has 1 large bedroom, 1 and 1/2 bathrooms and a dining area and living room. Ample storage and closet space.  But, the best part is that it’s located just steps away from shopping and restaurants and only a few minutes to medical facilities, professional offices as well as the beaches, waterways and historic downtown area of Stuart. Sorry, no pets and this community is restricted to ages 55 and over.


Get the Lease Price!

Courtesy:
Gabe Sanders
BlueWater Realty Services LLC
Email Me Now
772-323-6996
Licensed In: FL
License #: 3090099


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May 2016 Monthly Market Detail Martin County Townhouses and Condos

06.28.16 by

May 2016 Monthly Market Detail Martin County Townhouses and Condos

May 2016 Monthly Market Detail Martin County Townhouses and Condos had less volume of closed and pending sales from last year, but is still a very active market.  Closed sales were down by 5.1% (was up by 3.9% in April) and new sales under contract (new pending sales) were down by 5.4% from May 2014 (decreased by 8.4% in April).

Slightly mixed signals with prices as the median sales price dropped by .0.4% (was up by 19.1% in April) while the average sales price increased by 6.7% (was up by 28.9% in April) as compared to May of 2015.  After many months of double digit price gains, this moderation will be welcome news to buyers.

The inventory of available townhouses and condos increased by 7 units to 417 properties as compared to last month.  The second month of increases. This is 1.7% above the May 2015 inventory.  Currently, there’s a 4.2 month supply of inventory (a 7.7% increase from last year).  Still in a sellers market for townhouses and condos for Martin County.

May 2016 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
May 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.

May 2016 Monthly Market Detail Martin County Townhouses and Condos

Spacious Palm City Pool Home – Reduced

06.28.16 by

3300 SW Canoe Creek Terrace in Palm City, FL – New Price

Spacious Palm City Pool Home

$ Click for current price
4 BEDROOMS | 4 (3 full, 1 half ) BATHROOMS | 4256 SQUARE FEET

Spacious 4 bedroom, 3 and ½ bath pool home in Canoe Creek in Palm City.  A 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 as well as a wet bar and perfect for large family get togethers.  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 ensuite bath.  Large screened lanai and an oversized pool complete this spacious Palm City home that is ready for a new owner.

May 2016 Monthly Market Detail Martin County Single Family Homes

06.27.16 by

May 2016 Monthly Market Detail Martin County Single Family Homes

The May 2016 Monthly Market Detail Martin County Single Family Homes had reduced closed and pending volume when compared to last year.  Closed sales were down by 2.8% (was down by 4.3% in April). New pending sales decreased by 14.7% as compared to May of 2015 (Decreased by 0.3% in April).

Mixed signals with prices as the median sales price was up by 15.8% from last year (up by 6.7% in April) while the average price decreased by 3% (was up by 22.6% last month).  I expect that prices will moderate to a much smaller rate of increase in the coming year.

The inventory of available single family homes increased from last month by 14 homes to 1,054 units for this month,  this is 6.8% greater than last May.  Current supply of homes is 5.1 months, for May of last year it was a 4.9 months supply. (This is a 4.1% increase from last year).  Still a sellers market for Martin County single family home sales.

May 2016 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
May 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.

May 2016 Monthly Market Detail Martin County Single Family Homes

Central Stuart Pool Home – New Price

06.27.16 by

Central Stuart Pool Home – New Price

Unique Old Florida charm. Enter the home with wood floors and Miami Dade wood ceilings, with wood burning fireplace, exposed beams and vaulted ceilings. Open floor plan with views of the pool from living and family room. Hurricane impact sliders opens up the family room to enjoy the Florida outdoors. The 80 inch smart TV on an adjustable arm allows you to entertain and watch the TV on the patio conveys with the house. Main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. There is a detached apartment with full kitchen and double walk-in closet. Hurricane safe room located on the property. Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!

May 2016 Monthly Market Detail Florida Townhouses and Condos

06.26.16 by

May 2016 Monthly Market Detail Florida Townhouses and Condos

The May 2016 Monthly Market Detail Florida Townhouses and Condos continues to slow it’s pace from the very strong activity of the past three years.  Closed sales were up by 0.1% as compared to last months decrease of 5.3% and new sales under contract (new pending sales) decreased by 4.6% (In April there was a 5.7% decrease).  Even though the inventory has begun to rise from the all time lows of the previous few months, the tremendous rise in prices have made this segment of Florida’s real estate market a bit too pricey for many.

Prices were mixed for may with the median sales price up by 4.4% (was also up by 4.4% in April), while the average sales price decreased by 1.3% (was up 2.9% in April).  If prices continue to stay somewhat stable or even decrease slightly, I expect the volume of sales to increase.

The inventory increased by 7.4% from May of last year.  For May 2016 we have 6.1 months of inventory (was 6.3 months in April) and compared to 5.8 for May 2015.  We are currently in a balanced market for Florida townhouse and condo sales.

May 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:
May 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.

May 2016 Monthly Market Detail Florida Townhouses and Condos

May 2016 Monthly Market Detail Florida Single Family Homes

06.25.16 by

May 2016 Monthly Market Detail Florida Single Family Homes

The May 2016 Monthly Market Detail Florida Single Family Homes remains quite active, but showing some signs of stress as the inventory remains low and the values continue to rise.  Closed sales were up by 4.5% (was down by 0.6% in April) and new sales under contract (new pending sales) were down by 2.7% (was down by 4.2% in April).

Both median and average sales prices continue to rise ( May 2015 to May 2016) by 10.5% and 4.2% respectively, compared to April’s 9.2% and 3.8%.  Sooner or later these strong price gains will have a negative effect on sales and I expect this rise to slowdown in the near future.

The inventory of available homes for sale fell by 2.5% from last year.  Higher demand areas of Florida have seen decreasing inventory for more than three years now.  For May there was only a 4.4 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (May of 2015 had a 4.7 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

May 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

May 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.

May 2016 Monthly Market Detail Florida Single Family Homes