Lake Grove March 2016 Market Report

Lake Grove March 2016 Market Report

There are currently 3 homes for sale in Lake Grove of Palm City, FL. List prices range from $488,800 to 749,000. The average list price equals $587,566 which is $190.59 per sq. ft. of living area.

1 home is under contract and awaiting sale. The list price was $510,000 which equals $186.27 per sq. ft. of living area.  This home was on the market for 189 days prior to accepting this offer.

In the past 12 months, 7 homes have sold in the Lake Grove. Sale prices ranged from $367,000 to $640,000 with an average sale price of $506,642 or $160.28 per sq. ft. of living area.  These homes averaged 76 days on market prior to accepting these sales offers and sold for an average of 96% of the last listed price.

 

Located south on Mapp Road in Palm City is the community of Lake grove which is comprised of 64 homes built around a square shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.

Lake Grove in Palm City

Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.  As of March 2016, the Lake Grove HOA fees are a very reasonable $275 per quarter.

Lake Grove in Palm City

The common areas include two tennis courts, landscaped common areas and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove in Palm City

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City

Click here to see the currently available Lake Grove Homes for Sale

Search for Martin County Real Estate

If you like the Lake grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

Lake Grove March 2016 Market Report

Royal Oak Towers Condo in Downtown Stuart Under Contract

Royal Oak Towers Condo in Downtown Stuart Under Contract

Royal Oak Towers in Downtown Stuart FL

Fantastic downtown Stuart location in the Royal Oak Towers of Stuart FL, Suite A-2 has now gone under contract during the sneak peek version of this listing.  The list price was $127,000. If you have a condo that is in Martin County that you need to sell quickly and for the best price, give us a call for a no obligation consultation.

Royal Oak Towers Stuart FL Royal Oak Towers Stuart FL

Downtown Stuart Condo, 2 bedroom, 2 bath completely renovated with tile floors, corian counter tops, stainless steel appliances, hurricane impact windows, 1 covered parking, top floor unit with elevator. Lots of natural light with open floor plan. Conveniently located, walk to downtown restaurants, the Lyric and shops. Just minutes from the beach.  All ages are welcome and 1 large pet is permitted.

Royal Oak Towers Stuart FL Royal Oak Towers Stuart FL

Royal Oak Towers Stuart FL Royal Oak Towers Stuart FL

Search for Royal Oak Towers Condos for Sale

Search the Martin County MLS

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

Royal Oak Towers Condo in Downtown Stuart Under Contract

 

 

Westwood Country Estates Palm City March 2016 Market Report

Westwood Country Estates Palm City March 2016 Market Report

As of March 2016, there is only 1 home on the market in Westwood Country Estates in Palm City, FL.  The list price is $498,000 which equals $163.28 per sq. ft. of living area.

There are no homes currently under contract (pending sales)

There have been 5 homes sold in the past 12 months in Westwood Country estates.  Sales prices ranged from $330,000 to  $440,000 for an average of $165.51 per sq. ft. of living area.  These sales averaged  for 94% of the list price and went under contract in an average of 75 days on market.

Westwood Country Estates Palm City March 2016 Market Report Florida

 Westwood Country Estates in Palm City, FL  is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of ½ acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates Homes for Sale

View Our Featured Listings!

Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team

Westwood Country Estates Palm City March 2016 Market Report

Downtown Stuart Condo – Royal Oak Towers – Leased

Downtown Stuart Condo – Royal Oak Towers – Leased

Royal Oak Towers in Stuart FL

No longer available as this Royal Oak Towers condo in Stuart FL has been leased by the Gabe Sanders BlueWater Realty Team in under a week.

Royal Oak Towers in Stuart FL Royal Oak Towers 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 Towers in Stuart FL Royal Oak Towers in Stuart FL

Royal Oak Towers in Stuart FL Royal Oak Towers in Stuart FL

Search for Royal Oak Towers Condos for Sale

Search the Martin County MLS

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

 

 

Cobblestone Country Club March 2016 Market Report

Cobblestone Country Club March 2016 Market Report

For March 2016 there are 8 homes for sale in the Cobblestone Country Club of Palm City, FL.  List prices range from $449,000 to 699,900. The average list price equals $551,600 which is $177.49 per sq. ft. of living area.

3 homes are under contract and awaiting sale.  List prices are from $359,900 to 400,000 for an average of $386,466 which equals $170.06 per sq. ft. of living area.   These homes were on the market for an average of 0nly 20 days before going under contract.

In the past 12 months, 7 homes have sold in the Cobblestone Country Club.  Sale prices ranged from $310,000 to $510,000 for an average sale price of $410,571 which equals $138.80 per sq. ft. of living area. These homes sold for an average of 94% of list price and went under contract in an average 0f 190 days after being listed.

 

Cobblestone Country Club

Cobblestone Country Club March 2016 Market Report

Located just west of the center of Palm City, Cobblestone Country Club is a peaceful neighborhood of 512 acres with only 238 residences providing generous amounts of space around each home. This upscale community is adjacent to exit 110 on I-95 with easy access to all that Palm Beach County to the South and Orlando to the North, has to offer while enjoying the laid back low growth lifestyle, lower taxes and superior school systems that Martin County offers. Residents enjoy coming home to picturesque views of lakes, preserves and the 18-hole private Fox Golf Course in the Cobblestone Country Club. Homes in Cobblestone consist of new custom built homes and a selection of quality newer resales. 

Cobblestone Country Club March 2016 Market Report

Cobblestone Country Club March 2016 Market Report

Cobblestone Country Club Homes for Sale

Search for Martin County Real Estate

Cobblestone Country Club March 2016 Market Report

Historic Stuart Pool Home on Large Lot Reduced

Historic Stuart Pool Home on Large Lot Reduced

Stuart FL real estate

New price for this well located home in one of the most desirable areas of Stuart is now $595,000.  Call us for an appointment to see 221 SE Martin Ave. in Stuart FL .

Historic Stuart real estate Historic Stuart real estate

Unique Old Florida charm. Enter the home with wood floors and Miami Dade County Pine 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.

Historic Stuart real estate Historic Stuart real estate

There are numerous structures that come with this property.  The main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. As well as a totally detached apartment with full kitchen and double walk-in closet and bathroom.

Historic Stuart real estate Historic Stuart real estate

Also, there’s a hurricane safe room located on the property that can double as a bomb shelter.  Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!

Historic Stuart real estate Historic Stuart real estate

Search for all Stuart real estate in Zip Code 34996

and 34994 or 34997

Moon River Jensen Beach March 2016 Market Report

Moon River Jensen Beach March 2016 Market Report

For March 2016, there are no homes currently available for sale from the MLS (Multiple Listing Service) of Martin County Florida

There are also no Moon River homes currently pending (under contract).

There have been 4 homes sold in the past 12 months in Moon River.  Sales prices ranged from $285,000 to $420,000 for an average sales price of $331,250 which equals $205.91 per sq. ft. of living area and these sales averaged 94% of list price.  The average days on market was 158 days prior to an accepted contract.

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River on Hutchinson Island in Jensen Beach
Home sizes range from 3 Bedroom, 3 bathroom two story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River on Hutchinson Island in Jensen Beach
This is a pet friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River on Hutchinson Island in Jensen BeachMoon River is an excellent choice for both full time residents and for those wishing to have their winter oasis away from the cold north.

Moon River on Hutchinson Island in Jensen Beach

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School

Here are the currently available homes in Moon River in Jensen Beach

 For any questions you may have about March 2016 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty 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

Moon River Jensen Beach March 2016 Market Report

Hobe Sound FL 33455 Condo Market Report February 2016

Hobe Sound FL 33455 Condo Market Report February 2016

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

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

There are currently 9 active condo listings. (Increased by 3 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2016

5 Condos are pending and awaiting close. (Up by 3 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2016

No Condos sold in February (Same as January)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  February brought the second month of no condo sales, something that hasn’t happened since I’ve been tracking this market.  With a small increase in inventory and pending sales, I expect to see at least one or two closed sales for March.

No possible absorption rate number for this month with zero sales, for December of 2015 it was 4 months.  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 may 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 February 2015 numbers were: 19 active listings, 5 pending sales and 3 closed sales.  Our pending sales are the same as last year, otherwise there was better activity in 2015.

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report February 2016

Hobe Sound FL 33455 Residential Market Report February 2016

Hobe Sound FL 33455 Residential Market Report February 2016

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

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

There are currently 206 active listings. (Down by 6 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2016

116 Residential sales are pending and awaiting close  (Up by 40 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2016

27 Homes Sold in February (Down by 8 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong pending sales gain as compared to last month (and previous months), while after two months of increasing inventory. this month saw a decline.  Closed sales were off for the month, but with the pending numbers so good, I expect to see increases for the next few months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 7.6 months (6.1 months in January).  Into a buyers’ market for February after last months balanced market. Though with the strong rise in pending sales I expect to go back into a sellers market in the next month or two.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2014 were:  250 active listings, 98 pending sales and 35 closed sales. Much stronger pending sales this year and weaker closed sales along with a much smaller inventory of available homes.

Hobe Sound FL 33455 Residential Market Report February 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 February 2016

Sewalls Point Home with Dock Under Contract

Sewalls Point Home with Dock Under Contract

Sewalls Point real estate

This is an amazing opportunity to own a home in South Sewall’s Point and have your boat docked just minutes from the inlet. Dock has water and power and can accommodate up to a 30 ft. boat. This 1/3 acre corner lot has good elevation and does not require flood insurance. Mature oaks surround the pool enclosure and frame with a lushly landscaped and fenced backyard. The home has three bedrooms, two bathrooms and a two car garage. In an awesome location with great bones, but a little updating can make this a spectacular home. Those with some vision and resources will enjoy this Sewall’s Point gem for a long time.

Sewalls Point real estate Sewalls Point real estate

The Town of Sewall’s Point, a unique peninsula located between the St. Lucie and Indian Rivers, has a Commission form of government consisting of five elected Commissioners and a staff that includes a part-time Town Manager, a Town Clerk/Treasurer, a Police Chief and Police Department and a Building Official who heads the Building and Public Works Departments. All Town government operations are located in the Town Hall which also houses a sixty seat Meeting Hall.

Sewalls Point real estate Sewalls Point real estate

The Town is a residential community with a small commercial area. It is bounded on the east by the Indian River, on the south and west by the St. Lucie River and on the north by unincorporated areas of Martin County. The peninsula is 3.5 miles long and an average third of a mile in width. Of the 780 acres comprising the Town, 766 acres or 98.20% are designated for single family use. The southernmost point of the peninsula lies approximately two miles west of the Atlantic Ocean via the St. Lucie Inlet. Hutchinson Island is to the east across the Indian River and the City of Stuart is to the west across the St. Lucie River.

Sewalls Point real estate Sewalls Point real estate

Sewalls Point real estate Sewalls Point real estate

Search here for all Sewalls Point homes for sale

Sewalls Point Home with Dock Under Contract

Jensen Beach FL 34957 Condo Market Report February 2016

Jensen Beach FL 34957 Condo Market Report February 2016

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

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



There are currently 26 active listings. (Decreased by 13 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

18 Condo sales are pending and awaiting settlement. (Decreased by 1 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

11 Condos Sold (Increased by 5 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2016

 The Jensen Beach FL 34957 Condo Market Report February 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic.  A very unexpected and dramatic drop of active condos for sale (inventory), while both pending sales and closed sales increased from the previous month.  The future months may be problematic unless the inventory increases.

The one month absorption rate for the February 2016, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.4  months (from 6.5 months in January), bringing this segment of the Martin County condo market back into an extreme sellers market again, after one month as a balanced market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The February 2015 numbers were: 40 active listings, 14 pending sales and 9 condos closed.  Better activity this year when compared to last year even though we only have a little more than half the inventory from last year.

Jensen Beach FL 34957 Condo Market Report February 2016

Jensen Beach Condominium Properties by Price

 

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2016

Jensen Beach FL 34957 Residential Market Report February 2016

Jensen Beach FL 34957 Residential Market Report February 2016

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

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

 There are currently 128 active listings. (Down by 9 homes from last month)

Jensen Beach FL 34957 Residential Market Report February 2016

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

Jensen Beach FL 34957 Residential Market Report February 2016

20 Homes Sold (Decreased by 10 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2016

The Jensen Beach FL 34957 Residential Market lost some of the rise in inventory from last month but did have a small increase in pending sales along with a larger drop in closed sales.  But, this has just brought the Jensen Beach market back into a balanced one.  Which is still a good market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 6.4 months (was 4.6 months in January).  Transitioning into a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2015 numbers were: 146 active listings, 85 pending sales and 26 home sales closed.   Somewhat better activity last year along with reduced availability of homes this year.
Jensen Beach FL 34957 Residential Market Report February 2016

Search here for Jensen Beach Real Estate for Sale

Rental Properties

Residential Properties

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

Vacant Land Properties

Condominium Properties

Commercial Properties

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

Jensen Beach FL 34957 Residential Market Report February 2016

Palm City FL 34990 Condo Market Report February 2016

Palm City FL 34990 Condo Market Report February 2016

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

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



There are currently 65 active condo listings. (Increased by 1 condos from January)

   Palm City FL 34990 Condo Market Report February 2016

15 Condo sales are pending and awaiting close or lender approval. (Up by 6 condos from last month)

Palm City FL 34990 Condo Market Report February 2016

6 Condos Sold in February. (Up by 4 condos from January)

Palm City FL 34990 Condo Market Report February 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For this month, we had some nice increases in both pending and closed sales while the inventory stayed almost constant.

The current absorption rate for condos in the 34990 zip code area dropped to 10.8 months (was 34 months in February).   Still a buyers market for Palm City condos, but trending towards a balanced one.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The February 2015 numbers were: 54 active listings, 13 pending sales and 4 closed sales.   Slightly better activity this year when compared to February of 2015, but we also have a greater inventory of available condos for sale.  Very unusual for today’s market.
Palm City FL 34990 Condo Market Report February 2016

Search for Palm City Condos by Price:

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report February 2016

Just Listed – Cedar Pointe Village 6 End Unit

Just Listed – Cedar Pointe Village 6 End Unit

Just listed in Cedar Pointe.  This 2 bedroom 2 bathroom condo in village 6 building 115 Suite 6 to be offered for sale by the Gabe Sanders BlueWater realty team for $65,000.  This is a second floor end unit condo.

Enjoy this 2 bedroom, 2 bathroom 2’nd floor end unit condo in Cedar Pointe. This spacious condo is available for immediate occupancy and features a newly painted living, dining and guest bedrooms. The master bathroom has been completely renovated while the remainder of this condo has great potential and is in need of some updating. Enjoy this wonderful community in one of the best locations in Stuart. Close to shopping, restaurants, beaches, golf and historic downtown Stuart. Cedar Pointe is a 55+ community and no pets are permitted. Rentals are permitted after 0ne year of ownership for a minimum of 3 months one time per year.

Cedar Pointe real estate in Stuart FL Cedar Pointe real estate in Stuart FL

Residents of Cedar Pointe live in one of the best locations in Stuart, Florida. Only 3 miles from Stuart Beach and several other fine beaches. Cedar Pointe Plaza is within walking distance of the Village. The Blake Library, The Fresh Market, Dollar Tree, Publix and many medical facilities are walkable. Several restaurants located right in the Plaza such as The Bagel Break, Alice’s, The Bistro and Florentino’s, & The Peacock. For great pizza and other Italian favorites try Camilla’s. Clothing stores such as Anthony’s and Bealls are local favorites. Several churches are close by. Martin Memorial Hospital is only a short drive.

Cedar Pointe real estate in Stuart FL Cedar Pointe real estate in Stuart FL

The Historic Downtown Stuart offers many opportunities to dine and shop or just have fun. During the “Season” many outdoor activities and events are scheduled; free Art Festivals, Music Fests, and free concerts on the water front and at the Court House Gazebo.

Cedar Pointe real estate in Stuart FL

Several theaters are in the area. Across the street is The Barn, the oldest community theater in the area. The Lyric in Downtown Stuart has a variety of productions. The Sunrise in Ft. Pierce and the Kravitz in Palm Beach offer a fantastic collection of productions, including named stars, opera, musicals and comedy.

Cedar Pointe real estate in Stuart FL Cedar Pointe real estate in Stuart FL

In “Season”, Cedar Pointe Villages have many social events; bingo, a variety of card games, Saturday breakfasts, hot dog/hamburger barbecues. And, occasionally a pot luck dinner. Singers and various musical groups from local schools enjoy performing here.

Cedar Pointe real estate in Stuart FL

Sports fans will not be disappointed. St. Lucie Mets Spring Training camp. Roger Dean Stadium in Jupiter for the Miami Marlins. Stuart is known as the Sailfish Capitol of the World. Bring or buy your fishing gear as you will have many opportunities to use it. The Annual Boat shows in the area. Fishing tournaments. Kayak and boat tours on the St. Lucie River. Is this not one of the many reasons you want to move here? Oh! Did I forget about golf? Great courses both county and private clubs abound.

Search for all Cedar Pointe Condos for Sale

Cedar Pointe Condos for Sale

View Our Featured Listings!

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

Just Listed – Cedar Pointe Village 6 End Unit

Palm City FL 34990 Residential Market Report February 2016

Palm City FL 34990 Residential Market Report February 2016

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

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

 

There are currently 415 active listings (Increased by 15 homes from January)

Palm City FL 34990 Residential Market Report February 2016

 162 Residential sales are pending and awaiting close or lender approval. (Increased by 6 homes from last month)

Palm City FL 34990 Residential Market Report February 2016

56 Homes Sold in January (Increased by 7 sold homes from January)

Palm City FL 34990 Residential Market Report February 2016

The Palm City FL, zip code 34990, residential real estate market continued to show positive results month to month and remains a solid performing market.  With the strong pending sales numbers I expect the Palm City residential market to be back into a balance market soon, if not all the way to a sellers’ market.
The monthly absorption rate decreased to to 7.4 months from 8.2 months in January.  A buyers market for the second month in a row 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 February 2015 numbers were:  450 active listings, 164 pending sales and 55 closed sales.  Very similar activity to February of 2015 with a bit lower inventory this year.

Palm City FL 34990 Residential Market Report February 2016

 Search here for Palm City Florida Real Estate for Sale

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

Palm City FL 34990 Residential Market Report February 2016

Downtown Stuart Condo – Royal Oak Towers – For Rent

Downtown Stuart Condo – Royal Oak Towers – For Rent

Royal Oak Towers in Stuart FL

Rare opportunity for an annual lease close to downtown Stuart in the Royal Oak Towers of Stuart FL.  Just coming on the market for $1,400 a month.  All ages welcome, trucks OK.

Royal Oak Towers in Stuart FL Royal Oak Towers 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 Towers in Stuart FL Royal Oak Towers in Stuart FL

Royal Oak Towers in Stuart FL Royal Oak Towers in Stuart FL

Search for Royal Oak Towers Condos for Sale

Search the Martin County MLS

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 February 2016

Stuart FL 34997 Condo Market Report February 2016

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

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

There are currently 78 active condo listings (Down by 1 condos from January).

Stuart FL 34997 Condo Market Report February 2016

38 Condo sales are pending and awaiting close or lender approval (Increased by 9 condos from January).

Stuart FL 34997 Condo Market Report February 2016

9 Condos Sold in February (Increased by 1 condos from January).

Stuart FL 34997 Condo Market Report February 2016

     The Stuart FL condo market for zip code 34997 started off 2016 with a slow start.  Slightly better numbers for the second month of 2016, but still not nearly as strong as last year.  Plenty of room for improvement!
     The one month absorption rate jumped to 8.7 months from 3 months for January.  Back into a buyers market after last months very strong sellers 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 February 2014 numbers were: 44 active listings, 250 pending sales and 13 closed sales.  Better activity last year even with considerably lower inventory in 2015.  One of the few areas of Martin County with significantly more inventory this year when compared to last year.

Stuart FL 34997 Condo Market Report February 2016

Search for Stuart Condos for Sale by Price:

Stuart Florida Real Estate presented by:
Gabe Sanders

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

Stuart Condo Under Contract – Miles Grant

Stuart Condo Under Contract – Miles Grant

5443 SE Miles Grant Road, Suite D-201 has been placed under contract with a buyer from the Gabe Sanders BlueWater Realty Team.  This wonderful golf course condo was listed for $94,500.  We will report the sales price when the sale is closed.

Entrance to Miles Grant

Beautiful second floor 2 bedroom and 2bathroom end unit condo with gorgeous views of the Miles Grant golf course. This is a bright, airy and spacious condo. Offered totally furnished and turn-key. New air conditioner was installed in 2015.   Recently updated with diagonal tile in kitchen, hallway and bathrooms. Additionally, the master bathroom has been completely renovated.

Miles Grant real estate in Stuart FL Miles Grant real estate in Stuart FL

The Miles Grant fees are only $246 per month and this includes your exterior maintenance and building insurance. Membership in the Miles Grant Country Club is mandatory for a very reasonable $122 per month.

Miles Grant real estate in Stuart FL Miles Grant real estate in Stuart FL

In addition to golf, tennis, Miles Grant residents and members can play croquet, shuffleboard, horseshoes, bocce or go on moonlit kayaking trips. Art lessons and aerobics keep many busy as well. Miles Grant Country Club has something for everyone’s lifestyle.

Tennis Courts Putting Green

The Miles Grant Country Club features a beautiful private 18-hole walkable par-64 golf course, 3 short game practice areas, putting green and driving net. PGA professionals are available to assist in making your efforts toward improving both enjoyable and rewarding. The course has two legitimate par-five’s, five par-four’s, 10 par-three’s and one hole that can play as a par-four or five.

Golf Course of Miles Grant One of two community pools

Miles Grant has 2 hard courts located by the Clubhouse which are available to all Social Members. Additionally, there are 5 Har-Tru courts located near this condo. These courts are for the exclusive use of the Tennis Members. The Miles Grant Tennis Association also holds yearly tournaments and has a tennis social monthly.

 Golf Course Views

Search here for all Miles Grant Condos in Rocky Point

MLS-Search-small-e12889727557434

Additionally you might be interested in Miles Grant homes and/or Hansons Landing Condos.

Stuart FL 34997 Residential Market Report February 2016

Stuart FL 34997 Residential Market Report February 2016

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

There are currently 321 active listings (Increased by 22 homes from January).

Stuart FL 34997 Residential Market Report February 2016

175 Residential sales are pending and awaiting close or lender approval (Increased by 19 homes from January).

Stuart FL 34997 Residential Market Report February 2016

58 Homes Sold in February (Decreased by 30 homes from January)

Stuart FL 34997 Residential Market Report February 2016

      The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market.  After a very hot month of sales last month, closed sales dropped for February, but both available inventory and pending sales rose.  This should be an excellent sign for future activity.
     The current one month absorption rate rose to 5.5 months (was 3.4 months for January).  Still a sellers market for the 34997 segment of the Stuart residential market for the beginning of 2016.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2014 numbers for February, were: 373 active listings, 202 pending listings and 72 closed sales.  Unfortunately the volume of activity was a bot stronger last year, though also with greater inventory.
Stuart FL 34997 Residential Market Report February 2016

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

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

Stuart FL 34997 Residential Market Report February 2016

New Price Updated Conquistador Condo

New Price Updated Conquistador Condo

Reduced to $155,000, in building 11, Suite 305.  Beautifully updated Conquistador Condo.

Conquistador Condo real estate 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 real estate in Stuart FL Conquistador Condo real estate in Stuart FL

Beautiful upgraded condo in Conquistador. Pet friendly building. Kitchen has been extended with breakfast bar, stove top range, stainless steel appliances, wood floors, wood plank ceiling, open floor plan, patio floor has been raised to be even with living room floor for added living space, lots of natural, third floor with building elevator, lobby is locked and secured, clubhouse with large pool and tennis. Conquistador has a day dock and seating on the dock to watch the boats so by.

Conquistador Condo real estate in Stuart FL Conquistador Condo real estate in Stuart FL

Conquistador is the prime senior location in Stuart Florida.  New Price Updated Conquistador Condo 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

New Price Updated Conquistador Condo