Four Winds on the River Condo February 2016 Market Report

Four Winds on the River Condo February 2016 Market Report

There is only one condo currently available for sale in Four Winds on the River in Stuart FL.  This condo is listed for $229,000 or $168.51 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 4 condos have sold in Four Winds.  Sales prices ranged from $165,000 to $215,000 for an average sales price of $185,000 which equals $136.80 per sq. ft. of living area.  These condos sold for an average of 93% of the last listed price and averaged 115 days on market prior to accepting these offers.

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL, Four Winds on the River was built in 1981 and has seen some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered car ports for each condo along with ample guest parking.  This is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate

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Palm City FL 34990 Condo Market Report January 2016

Palm City FL 34990 Condo Market Report January 2016

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

 

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



There are currently 64 active condo listings. (Increased by 12 condos from December)

   Palm City FL 34990 Condo Market Report January 2016

9 Condo sales are pending and awaiting close or lender approval. (No change in pending condos from last month)

Palm City FL 34990 Condo Market Report January 2016

2 Condos Sold in January. (Down by 2 condos from December)

Palm City FL 34990 Condo Market Report January 2016

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  To begin 2016, this segment of the market had a nice increase in inventory, unfortunately a decrease in closed sales and no increase in pending sales.

The current absorption rate for condos in the 34990 zip code area is an atrocious 34 months (was 13 months in January).   A very serious buyers market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The January 2015 numbers were: 59 active listings, 12 pending sales and 3 closed sales.   Interestingly the inventory for 2016 is now higher than it was for the first month of 2015.  One of the only segments of our market that has this.  Unfortunately, activity is weaker this year as well.
Palm City FL 34990 Condo Market Report January 2016

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Palm City FL 34990 Condo Market Report January 2016

Rocky Point Fishing Cottage Open House

Rocky Point Fishing Cottage Open House

Join us in Rocky Point for an open house on Feb. 23 from 10:00 AM to Noon at 4575 SE Manatee Ter.

Adorable 2 bedroom, possible 3 bedroom home located in desirable ROCKY POINT. Property has a water view of the Manatee Pocket from the back yard. Located on an oversize lot with plenty of room to expand, put in a pool or full size garage. CBS construction with terrazzo floors throughout and open floor plan. Kitchen has breakfast bar and Corian counter tops. Screened in back porch and covered front porch. Large carport with equipment closet. Located at the end of the street just 1 house in from the water. Comes with a deeded boat ramp with water access just across the street. Boat slip rentals within walking distance. Hang your hammock under the large mango tree and enjoy Florida living.

  Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

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Rocky Point Fishing Cottage Open House

Palm City FL 34990 Residential Market Report January 2016

Palm City FL 34990 Residential Market Report January 2016

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

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

 

There are currently 400 active listings (Increased by 25 homes from December)

Palm City FL 34990 Residential Market Report January 2016

 156 Residential sales are pending and awaiting close or lender approval. (Increased by 42 homes from last month)

Palm City FL 34990 Residential Market Report January 2016

49 Homes Sold in December (Decreased by 11 sold homes from December)

Palm City FL 34990 Residential Market Report January 2016

The Palm City FL, zip code 34990, residential real estate market had a strong increase in inventory as well as pending sales to begin the year.  Unfortunately sales were off as compared to last month, but I expect this to be only short term as the increase in the under contract numbers should result in more closed sales for the coming months.
 The current absorption rate increased to to 8.2 months from 6.3 months in December.  Back into a buyers 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 January 2015 numbers were:  443 active listings, 158 pending sales and 55 closed sales.  Slightly higher closed sales last year but it was with less inventory.  Pending sales are just about the same even with the lower number of available Palm City homes for sale.

Palm City FL 34990 Residential Market Report January 2016

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Palm City FL 34990 Residential Market Report January 2016

Affordable Rocky Point Home Open House

Affordable Rocky Point Home Open House

Join us on Tuesday Feb. 23 from 10 AM to Noon for an open house in Rocky Point at this affordable home.

Rocky Point real estate Rocky Point real estate

Enjoy the good life in this 2 Bedroom, 2 Bathroom home in Stuart’s Rocky Point area. Lots of room to store all your toys with plenty of room for an RV and boat. No HOA restrictions to worry about either. This home has an updated kitchen with granite counter tops, washer and dryer as well as a one car garage. Open floor plan that has great space for a casual life style and entertaining. There’s a day dock for residents at the end of the street available for a $50 annual fee. Great location close to boat ramps, marinas and restaurants. All of this can be yours at a very affordable price.

Rocky Point real estate Rocky Point real estate

About Rocky Point

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.
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Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

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Stuart Florida Real Estate

Affordable Rocky Point Home Open House

Stuart FL 34997 Condo Market Report January 2016

Stuart FL 34997 Condo Market Report January 2016

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

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

There are currently 79 active condo listings (Up by 16 condos from December).

Stuart FL 34997 Condo Market Report January 2016

29 Condo sales are pending and awaiting close or lender approval (Increased by 10 condos from December).

Stuart FL 34997 Condo Market Report January 2016

8 Condos Sold in January (Decreased by 13 condos from December).

Stuart FL 34997 Condo Market Report January 2016

     The Stuart FL condo market for zip code 34997 started off 2016 with a slow start.  While both the inventory and pending sales increased (a good sign for future activity), closed sales too a dive for January.
     The one month absorption rate plunged to 3 months from 9.9 months for December.  Back into a buyers market after last months 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 January 2014 numbers were: 44 active listings, 17 pending sales and 11 closed sales.  Unfortunately, with a growing inventory this year as compared to 2015, sales activity did not come even close to last year, though this years pending activity is stronger.

Stuart FL 34997 Condo Market Report January 2016

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

February 2016 Market Update for Hunters Creek in Palm City FL

February 2016 Market Update for Hunters Creek in Palm City FL

Currently in February, there is no homes on the market in Hunters Creek in Palm City, FL.

There is one home currently under contract (pending sale).  This home was listed for $379,900 which is $147.99 per sq. ft. of living area.  It went under contract 6 days after it was listed.

There have been 6 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $220,000 to $365,000 for an average sale price of $320,000 which equals $141.73 per sq. ft. of living area.  These homes sold on average of 94% of the last listed price and were under contract on an average o30 days after being listed.

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

HOA fees are a very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek is very conveniently located near the Palm Cove Golf Club as well as quick access to Florida’s Turnpike and I-95. Also, just a few minutes away from the Palm City Bridge with access to downtown StuartJensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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February 2016 Market Update for Hunters Creek in Palm City FL

Stuart FL 34997 Residential Market Report January 2016

Stuart FL 34997 Residential Market Report January 2016

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

There are currently 299 active listings (Decreased by 9 homes from December).

Stuart FL 34997 Residential Market Report January 2016

156 Residential sales are pending and awaiting close or lender approval (Decreased by 7 homes from December).

Stuart FL 34997 Residential Market Report January 2016

88 Homes Sold in January (Increased by 16 homes from December)

Stuart FL 34997 Residential Market Report January 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.  We have seen an unfortunate continuation of a decrease in inventory which is going to effect future sales unless this trend reverses.
     The current one month absorption rate remained almost the same at 3.4  months (was 5.0 months for December).  Even a stronger 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 January, were: 348 active listings, 198 pending listings and 76 closed sales.  Even with considerably less inventory, closed sale for 2016 were ahead of last years numbers.
Stuart FL 34997 Residential Market Report January 2016

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Stuart FL 34997 Residential Market Report January 2016

First Floor Vista Pines Condo Sold

First Floor Vista Pines Condo Sold

This immaculate condition, conveniently located ground floor condo in desirable Vista Pines has been sold by the Gabe Sanders BlueWater Realty Team.   The sales price was $54,900. With Vista Pines in such high demand, we managed to get this condo under contract hours after the listing first came on the market.

Vista Pines condos in Stuart FL

New A/C in 2012. Remodeled kitchen with stainless appliances. Glassed in porch. Community pool and clubhouse. Walk to shopping, restaurants, and medical, and only 5 minutes to downtown Stuart and the beaches.

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

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

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Stuart FL 34996 Condo Market Report January 2016

Stuart FL 34996 Condo Market Report January 2016

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

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

There are currently 123 active condo listings (Up by 21 condos last month).

Stuart FL 34996 Condo Market Report January 2016

37 Condo sales are pending and awaiting close or lender approval (Increased by 6 condos from December).

Stuart FL 34996 Condo Market Report January 2016

11 Condos Sold in January (Decreased by 7 condos from December) 

Stuart FL 34996 Condo Market Report January 2016

The Stuart FL 34996 Condo Market of Stuart started out 2016 with pretty weak numbers as compared to both last year and last month.  Sales declined for January, while pending sales were up but still no where near as strong as last year’s numbers.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 11.2 months from December’s 5.7 months.  A major jump into a buyers market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for January 2014 were: 125 active listings, 60 pending sales and 23 closed sales.  Much stronger activity last year as compared to 2016.

Stuart FL 34996 Condo Market Report January 2016

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Stuart FL 34996 Condo Market Report January 2016

Another Summerfield Home Under Contract

Another Summerfield Home Under Contract

7044 SE Cricket Court is now under contract, courtesy of the Gabe Sanders BlueWater realty team.  This home was listed for $318,000

Summerfield real estate in Stuart FL

Summerfield real estate in Stuart FL Summerfield real estate in Stuart FL

Summerfield Golf Club is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course.  Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty.  This Tom Fazio designed course is open to the public with very reasonable membership fees.  Visit the Champions Course web site for more information at http://www.thechampionsgolfclub.com/

The residential section is known as Summerfield Golf Club and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club.  All of these amenities available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches.  Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

Summerfield Golf Club Homes for Sale

Stuart Florida Real Estate

Another Summerfield Home Under Contract

Stuart FL 34996 Residential Market Report January 2016

Stuart FL 34996 Residential Market Report January 2016

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

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

There are currently 160 active listings (Down by 10 homes from December).

Stuart FL 34996 Residential Market Report January 2016

42 Residential sales are pending and awaiting close or lender approval (Up by 18 homes from December).

Stuart FL 34996 Residential Market Report January 2016

10 Homes Sold in January (Decreased by 2 homes from December).

Stuart FL 34996 Residential Market Report January 2016

The 34996 zip code area of the Stuart Florida residential real estate market had a drop in sales and inventory for the beginning of the year.  The good news is the big jump in pending sales which should result in better closed sale numbers in the following months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for January increased to 16 months as compared to December’s 14.2 months.  Still a strong buyers market for this section of Martin County, but this number should improve when the strong pending numbers translate into sales.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for January of 2014 were: 160 active listings, 41 pending sales and 7 closed sales.  Similar activity when compared to 2015, though with a slight edge to to this year’s numbers with slightly better activity.

Stuart FL 34996 Residential Market Report January 2016

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Stuart FL 34996 Residential Market Report January 2016

Stuart FL 34994 Condo Market Report January 2016

Stuart FL 34994 Condo Market Report January 2016

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

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

There are currently 102 active condo listings (Up by 9 condos from December).

Stuart FL 34994 Condo Market Report January 2016

28 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condos from last month) 

Stuart FL 34994 Condo Market Report January 2016

15 Condos Sold in January (Down by 2 condos from December).

Stuart FL 34994 Condo Market Report January 2016

The Stuart FL 34994 Condo market started the year with slower sales activity than the end of last year, but still better than this period from last year.  Nice to see a bit of an increase in inventory.  I hope this will continue.

The one month absorption rate increased to 6.8 months compared to last month’s 5.5.   Back into a balanced market.  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 January the numbers were 111 active listings, 35 pending sales, and 9 closed sales.   Better closed activity this year with very similar inventory levels, with less pending sales though.

Stuart FL 34994 Condo Market Report January 2016

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

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

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

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

There are currently 59 active listings (Unchanged from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

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

 Stuart Florida Market Report ZIP Code 34994 Residential January 2016

1o Homes Sold in December (Down by 2 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a weaker month to begin the new year after a very strong finish to 2015.

The one month absorption rate for the 34994 zip code for January jumped to 5.9 months from last months 4.9 months.  Just about a balanced market market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The January 2014 numbers were 85 Active Listings, 37 pending sales and 9 closed sales.   Much more active market back last year, though closed sales just edged out last years numbers.  We could use more active listings in the 34994 zip code of Stuart FL.

Stuart Florida Market Report ZIP Code 34994 Residential January 2016

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential January 2016

1st Floor Cedar Pointe Condo Village 8 Sold

1st Floor Cedar Pointe Condo Village 8 Sold

This Cedar Pointe 2 bedroom 2 bathroom condo in Village 8 Building 140 Suite 3 has been sold by the Gabe Sanders BlueWater realty team.  This condo sold for $59,000 after some seller price concessions for needed repairs.

Cedar Pointe Village 8 Condo
First floor 2 bedroom and 2 bathroom condo in Cedar Pointe. Full width glassed/screened patio in rear leading out to a quiet garden area. Conveniently located next to the Village 8 heated pool and clubhouse and within minutes of beaches, golf, fishing, shopping, historic downtown Stuart, as well as many medical and professional services. This is an excellent opportunity for an affordable permanent home right in the heart of Stuart, or use it as your getaway from those cold northern winters.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Cedar Pointe is an active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

This 55+ community is the jewel of the Stuart area condominiums because of it’s location, reasonable condo fees from the high $200′s to the low $300′s per month depending on size and village (each village sets their own budget).  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building.

Cedar Pointe Village 8 Condo Cedar Pointe Village 8 Condo

Currently a very affordable complex for those looking for a full time Stuart, Florida home or just a winter getaway.

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1st Floor Cedar Pointe Condo Village 8 Sold

Sewalls Point Single Family Market Report January 2016

Sewalls Point Single Family Market Report January 2016

Sewalls Point Real Estate Snapshot, Residential Sales for January 2016

There are currently 57 active listings (Up by 6 homes since last month)

Sewalls Point Single Family Market Report January 2016

15 home sales are pending and awaiting close or lender approval (Increased by 2 homes from December)

Sewalls Point Single Family Market Report January 2016

4 Homes sold in January (Up by 1 sales from December)

Sewalls Point Single Family Market Report January 2016

The single family real estate market in Sewalls Point remains challenging as many of the homes in this community are in the higher end of the price spectrum or some homes are older and in need of updating and the sellers feel the cache of this exclusive community warrants the listing price.

The current absorption rate dropped to 14.25 months, in December it was 17 months. Still a strong buyers market for Sewalls Point.  Though, if the trend for improving sales continue, this may soon come to an end.  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 January of 2014, the inventory was 58 homes on the market, 10 pending sales and there were 3 closed sales.  With very similar inventory, market activity is better for 2016 than for last year in Sewalls Point, but still plenty of room for improvement.

Sewalls Point Single Family Market Report January 2016

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Sewalls Point Single Family Market Report January 2016

 

Affordable Rocky Point Home Reduced

Affordable Rocky Point Home Reduced

Rocky Point home for sale

The new price for 4750 SE Bayshore Terrace is now $233,000.  This home is getting a lot of attention.  Don’t wait too long!

Rocky Point real estate Rocky Point real estate

Enjoy the good life in this 2 Bedroom, 2 Bathroom home in Stuart’s Rocky Point area. Lots of room to store all your toys with plenty of room for an RV and boat. No HOA restrictions to worry about either. This home has an updated kitchen with granite counter tops, washer and dryer as well as a one car garage. Open floor plan that has great space for a casual life style and entertaining. There’s a day dock for residents at the end of the street available for a $50 annual fee. Great location close to boat ramps, marinas, and restaurants. All of this can be yours at a very affordable price.

Rocky Point real estate Rocky Point real estate

About Rocky Point

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Search here for available homes in Rocky Point

Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
the Gabe Sanders real estate team

Stuart Florida Real Estate

Affordable Rocky Point Home Reduced

Foxwood Stuart FL February 2016 Market Update

Foxwood Stuart FL February 2016 Market Update

 As of Feb 2016, there is only one home on the market in the Foxwood equestrian community in Stuart, FL.  The list price is $550,000 which is $175.22 per sq. ft. of living area.

There is one home under contract which has not completed the sales process. The listing price is $369,900 or $109.80 per sq. ft. of living area.  This home was on the market for 134 days prior to going under contract.

In the past 12 months there were 4 sales in this western Stuart community.  Sales prices ranged from $415,000 to $525,000 for an average of $477,500 which equals $155.66 per sq. ft. of living area.  These sales averaged a 94% list to sales ratio and an average of 110 days on the market.

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Association fees are a very reasonable $450 per year.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association web site: Foxwood Property Association of Stuart Florida

Construction of homes in Foxwood began in 1978.  Four phase of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood in Martin County Florida

Rocky Point Fishing Cottage Reduced

Rocky Point Fishing Cottage Reduced

Now reduced to only $250,000!  4575 SE Manatee Terrace in Rocky Point, Stuart, FL is a great opportunity to own a home for any one wanting to be close to the water and have access to boating.

Adorable 2 bedroom, possible 3 bedroom home located in desirable ROCKY POINT. Property has a water view of the Manatee Pocket from the back yard. Located on an oversize lot with plenty of room to expand, put in a pool or full size garage. CBS construction with terrazzo floors throughout and open floor plan. Kitchen has breakfast bar and Corian counter tops. Screened in back porch and covered front porch. Large carport with equipment closet. Located at the end of the street just 1 house in from the water. Comes with a deeded boat ramp with water access just across the street. Boat slip rentals within walking distance. Hang your hammock under the large mango tree and enjoy Florida living.

  Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

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Rocky Point Fishing Cottage Reduced

Whispering Sound Palm City February 2016 Market Update

Whispering Sound Palm City February 2016 Market Update

 

There are 2 active listings in Whispering Sound in Feb of 2016 with asking prices of $199,500 and $210,000 for an average of $204,750 which equals $122.26 per sq. ft. of living area.

There are 2 pending sales with list prices of $190,000 and $210,000, for an average list price of $200,000 which equals $135.17 per sq. ft. living area.  These two homes went under contract in an average of 33 days after going on the market.

In the past 12 months, 19 homes have sold in this Whispering Sound. Sales prices ranged from $159,000 to $209,000 or an average sales price of $175,768 which equals $111.58 per sq. ft. of living area.  These 19 sales averages 98% list to sales price ratio and went under contract in an average of 54 days.

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.

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.

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

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.

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Whispering Sound Palm City February 2016 Market Update