October 2015 Monthly Market Detail Florida Single Family Homes

The October 2015 Monthly Market Detail Florida Single Family Homes continues to show improved activity from last year though the pace seems to have moderated a bit from recent months. Closed sales were up by only 1.2% (was up by 13.4% in August) and new sales under contract (new pending sales) were down by 2.5% (was up by 1.0% in August).

Both median and average sales prices continue to rise ( October 2014 to October 2015) by 12.4% and 6.5% respectively, compared to August’s 11.1% and 8.6%. Prices are continuing their upward trend and this seems to be the continuing trend for the foreseeable future.

The inventory of available homes for sale fell by 6.6% from last year. Some high demand areas of Florida have seen decreasing inventory for a number of months now. For October there was only a 4.4 months supply of inventory, this is a sellers market with the advantage for sellers. (October of 2014 had a 5.4 month supply)

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October 2015 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.

October 2015 Monthly Market Detail Florida Single Family Homes

Spacious Canoe Creek Pool Home Price Reduced

11.25.15 by Gabe Sanders

Spacious Canoe Creek Pool Home Price Reduced

A spacious Canoe Creek home with private pool on over 1 acre and 4000+ sq. ft. of living area is now available for the reduced price of $499,000 from the Gabe Sanders BlueWater realty team.

This is a large 4BR, 3.5 Bath pool home. 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 and a wet bar. 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 over sized pool.

Canoe Creek in Palm City is a wonderful family community filled with 107 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Click here to see all current Canoe Creek homes for sale in Palm City

Spacious Canoe Creek Pool Home Price Reduced

Palm Beach County Third Quarter 2015 Real Estate Market Report

11.24.15 by Gabe Sanders

Palm Beach County Third 2015 Quarter Real Estate Market Report

“According to third quarter statistics for Palm Beach County homes, median days on market dropped to an astonishing 36 days, a 33.3 percent decline year-over-year. Buyers had to make fast, educated decisions in order to secure their dream homes due to our declining inventory levels. Purchasing a property, especially in our current market conditions, can be a complicated and stressful process. If you are looking to buy or sell, let a local REALTOR® offer you the guidance you need to feel confident in your decision, said Matt Halperin, 2015 President of the Realtors® Association of the Palm Beaches (RAPB).

Palm Beach County Third Quarter 2015 Real Estate Market Report

The Arbors in Hobe Sound November 2015 Market Report

11.24.15 by Gabe Sanders

The Arbors in Hobe Sound November 2015 Market Report

There are 3 available homes for sale in The Arbors as of November 2015. List prices are $450,000 to $598,000 for an average of $535,000 which equals $196.63 per sq. ft. of living area.

There is one homes under contract which has not completed the sales process. The list price is $429,900 or $193.91 per sq. ft. of living area. This home was on the market for 135 days prior to going under contract.

In the past 12 months, 12 homes have sold in the Arbors. Sales prices ranged from $315,000 to $570,000 for an average sales price of $420,416 which equals $173.80 per s. ft. of living area. These sales averaged at 95% of the listed price and were on the market for an average of 121 days prior to entering into an agreement for sale.

In northern Hobe Sound just west of Federal Highway and off of Seabranch Avenue is the exclusive 190 homes of the Arbors. This exclusive gated community of upscale homes all border on lakes or preserve with generous lots and elbow room not found in many modern developments. In addition to the two serene lakes the Arbors also contains generous nature preserves to protect the indigenous hardwoods and pines as well as offering a home to native flora and fauna. Residents of the Arbors enjoy seeing endangered srub jays and gopher tortoises as well as pairs of sandhill cranes. To enjoy the surrounding 100 acres of protected preserve areas, the Arbors has set up a walking trail through much of this land. Great for a morning walk or excellent exercise for those that wish to go for a run or jog.

All this in a location that is just minutes from many championship golf courses, the beautiful beaches of the Atlantic Ocean and the marinas and waterways of Martin County. Close to Martin County’s ‘A’ rated schools, shopping centers, medical facilities and all necessary urban services yet in a quiet peaceful setting. The Arbors is less than an hour away from Palm Beach International Airport and just about equi-distant from Miami and Orlando, both only two hours by car.

The Arbors is a wonderful place to call home.

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Saint Lucie County Third Quarter 2015 Market Report

11.23.15 by Gabe Sanders

Saint Lucie County Third Quarter 2015 Market Report

“St. Lucie County housing indicators continued their upward trend in the 3rd quarter with increases in median sale price for single family homes, as well as townhouses/condos. In addition, the City of Port St. Lucie has once again received national recognition, helping to spur our growth and expansion. Last week, Port St. Lucie was named one of “America’s 50 Best Cities to Live” according to 24/7 Wall St., a website which offers online analysis and commentary for U.S. and global investors. If you are currently in the market looking to buy or sell your home, I suggest speaking with a local REALTOR® from the REALTORS® of St. Lucie County (RSLC), a division of the Realtors® Association of the Palm Beaches (RAPB), for real insight on the home ownership process, said Kathy J. Slusser, Northern Vice President of the Realtors® Association of the Palm Beaches (RAPB).

Saint Lucie County Third Quarter 2015 Market Report

November 2015 Market Report for Legacy Cove in Stuart Florida

11.23.15 by Gabe Sanders

November 2015 Market Report for Legacy Cove in Stuart Florida

There are currently 3 homes for sale in Legacy Cove in Stuart, FL. Listing prices range from $328,900 to $486,900 for an average listing price of $381,600 or a price per square foot of living area of $151.36.

There are no homes currently under contract

In the past 12 months, 10 homes have sold in Legacy Cove with sales prices ranging from $222,884 to $352,000 for an average sales price of $301,238 or $144.28 per sq. ft. of living area. These sales averaged 95% of list price and went under contract in an average of 71 days after going on the market.

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

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

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

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

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

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

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

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

November 2015 Market Report for Legacy Cove in Stuart Florida

Martin County Third Quarter 2015 Market Report

11.22.15 by Gabe Sanders

Martin County Third Quarter 2015 Market Report

“In Martin County, we closed out an incredible 3rd quarter where the median sale price of homes rose 8.2 percent to $304,000, and median days on market dropped to 38 days, down 38.7 percent compared to last year. Meanwhile, inventory continued to dry up, down nearly 25 percent to a supply of 4.5 months, which is great news for those who are contemplating selling. For prospective buyers, be aware that we are still firmly in a Seller’s market; however, new listings are up 5.3 percent year-over-year, and if this trend continues, we will find ourselves in a more balanced market. Whether you are buying or selling, seek the expertise of a local REALTOR® who can help you navigate through the obstacles of our current market and understand fair market value,” said John Slivon, Treasurer of the Realtors® Association of the Palm Beaches (RAPB).

Martin County Third Quarter 2015 Market Report

Miles Grant Condo in Rocky Point Sold

11.22.15 by Gabe Sanders

Miles Grant Condo in Rocky Point Sold

Under contract in just 4 days, this Miles Grant condo in Rocky Point sold for $107,000. The highest price paid for a Miles Grant 2 bedroom Condo this year.

A beautifully renovated and updated 2 bedroom, 2 bathroom condo in the golf and tennis community of Miles Grant in the Rocky Point community of Stuart FL. Just about everything has been redone in this condo with new Corian counters, slate appliances, floors, bathrooms, plumbing, electrical, ceiling fans, etc. Live in a wonderful country club lifestyle with golf and tennis just outside your door. Enjoy dining at the club on those evenings you don’t want to cook. All this within minutes of the waterways, beaches and amenities that Stuart FL has to offer. This is a first floor condo with golf course views. No trucks are allowed and at least one resident owner must be over the age of 55.

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.

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.

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.

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.

Search here for all Miles Grant Condos in Rocky Point

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

Hobe Sound FL 33455 Condo Market Report October 2015

11.21.15 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2015

For October 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Up by 2 condos from September)

0 Condos are pending and awaiting close. (Down by 4 condos from September)

3 Condos sold in September (Increased by 1 condos from September)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. The current inventory doubled from last month, but it’s still only 4 active listings. And, with no pending listings, I’m not expecting any great activity in the coming months until we get some more condos available for sale in Hobe Sound.

The current absorption rate is 1.3 months (Last month it was 1 months). This absorption rate 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 October 2014 numbers were: 19 active listings, 5 pending sales and 1 closed sales. We actually have better closed sales for this year as compared to last year. But with no inventory and no pending sales it doesn’t look very promising for the future.

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Hobe Sound FL 33455 Condo Market Report October 2015

Oceana South Corner Unit Condo Reduced

11.21.15 by Gabe Sanders

Oceana South Corner Unit Condo Reduced

The new price for this totally updated Oceana South condo is $379,000.

Spectacular views, completely updated, southeast exposure, wraparound balcony, corner unit, 8th floor with ocean and river views in Oceana South. Travertine 18″ diagonal tile, updated stainless steel and granite kitchen, breakfast bar. Walk-in closets in both bedrooms, new vanities and light fixtures in both baths, hurricane accordion shutters. Amenities include 2 swimming pools, 1 heated, a jacuzzi spa, gazebo, picnic tables, outdoor grill, exercise room, banquet room, library in clubhouse, and 2 large screen TVs with sitting areas. This is a secure building with a gated entry and secured lobby area. Boardwalk to beach. Florida living at it’s finest. Best gated building with great reserves and management.

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982. This is a direct ocean front building with 126 units in 12 stories. Oceana South has two pools, Jacuzzi, tennis courts, exercise room, billiards, club house, picnic area, car wash and is a gated complex with direct access to your own beach.

Condo sizes vary from corner units with wrap around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies. There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area. One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Condo fees as of the time this information was written (Jan 2015), range from $1,350 to $1,475 per quarter. These fees include building insurance, reserve funds, management and use of all the common areas. 1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum duration limit.

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Hobe Sound FL 33455 Residential Market Report October 2015

11.20.15 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report October 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2015

For October 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 172 active listings. (Up by 10 homes from September)

68 Residential sales are pending and awaiting close (Down by 21 homes from September)

44 Homes Sold in October (Up by 12 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County has finally had a couple of months of increased inventory. This was sorely needed as the pool of available homes for sale was getting to a historically low level. And, activity continues to be very strong in this market, even as we approach our slower off season.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped down to 3.9 months (5.1 months in September). Even a stronger sellers’ market for Hobe Sound, after edging closer to a healthier balanced market last month. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for October 2014 were: 250 active listings, 55 pending sales and 58 closed sales. Better closed activity last year, though our pending numbers are higher for 2015. All of this with a considerably reduced inventory.

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Hobe Sound FL 33455 Residential Market Report October 2015

Clubside Villa in Ballantrae Pending

11.20.15 by Gabe Sanders

Clubside Villa in Ballantrae Pending

This 2nd floor villa in the manned gated community of Ballantrae in the sought after Sandpiper section of Port St. Lucie FL, just steps from Club Med Resort is now under contract. Located at the end of a cul-de-sac, this end unit is very well cared for and shows beautifully. This property has new dishwasher, newer a/c, and has been freshly painted. This home features 2 bedrooms, 2 bathrooms, and a den. The perfect villa for your Florida lifestyle. Listed for $186,900.

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. We’re on the North Fork of the Saint Lucie River with direct access to the South Fork of the river which leads to Lake Okeechobee and the Gulf of Mexico. In addition, the Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river.

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course of masterful design that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

In addition to golf and boating, we offer tennis, swimming, fishing, and a Homeowners Community Clubhouse which is the center of many community activities.

View our slideshow of Ballantrae

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Clubside Villa in Ballantrae Pending

Jensen Beach FL 34957 Condo Market Report October 2015

11.19.15 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2015

For October 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 24 active listings. (Increased by 2 condos from September)

17 Condo sales are pending and awaiting settlement. (Up by 5 condos from September)

4 Condos Sold (Decreased by 2 condos from September)

The Jensen Beach FL 34957 Condo Market Report October 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. It was good to see an increase in inventory, though it is still at historically low levels. Activity remains quite strong.

The one month absorption rate for the October 2015, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6 months (from 3.7 months in September), bringing this segment of the Martin County condo market back into a balanced one. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2014 numbers were: 33 active listings, 14 pending sales and 3 condos closed. Overall a slight improvement this year as compared to 2014.

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Jensen Beach FL 34957 Condo Market Report October 2015

Stuart Townhome in River Pines Pending

11.19.15 by Gabe Sanders

Stuart Townhome in River Pines Pending

Spacious 2 bedroom 2 and 1/2 bathroom River Pines townhome has been placed under contract by the Gabe Sanders BlueWater realty team. 5922 SE Riverboat Drive was listed for $149,000.

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

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

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

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

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Stuart Townhome in River Pines Pending

Jensen Beach FL 34957 Residential Market Report October 2015

11.18.15 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report October 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2015

For October 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 119 active listings. (Down by 14 homes from last month)

48 Residential sales are pending and awaiting close or lender approval. (Down by 13 homes from September)

27 Homes Sold (Decreased by 4 homes from September)

The Jensen Beach FL 34957 Residential Market indicated a little slower pace with the approaching off season. Though, still a sellers market as it has been for over a year. Interestingly, this is one of the only Martin County areas with a decrease in the inventory for October.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.9 months (was 3.8 months in September). Remaining in a strong sellers market for Jensen Beach residential home sales. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The October 2014 numbers were: 125 active listings, 62 pending sales and 22 home sales closed. A bit more closed sales this year as compared to 2014, but pending sales are not quite as strong.

Jensen Beach FL 34957 Residential Market Report October 2015

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Jensen Beach FL 34957 Residential Market Report October 2015

Great New Price for this Cedar Pointe First Floor Condo

11.18.15 by Gabe Sanders

Great New Price for this Cedar Pointe First Floor Condo

This Cedar Pointe 2 bedroom 2 bathroom condo in Village 8 Building 140 Suite 3 has been reduced to $74,000.

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 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.

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.

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.

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

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Great New Price for this Cedar Pointe First Floor Condo

Palm City FL 34990 Condo Market Report October 2015

11.17.15 by Gabe Sanders

Palm City FL 34990 Condo Market Report October 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2015

For October 2015 in the 34990 Zip Code area of Palm City, Florida :

There are currently 54 active condo listings. (Increased by 2 condos from September)

10 Condo sales are pending and awaiting close or lender approval. (Up by 2 pending condos from last month)

3 Condos Sold in October. (No change in sold condos from September)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. A fairly slow market for sales, though pending sales and activity did rise for October.

The current absorption rate for condos in the 34990 zip code area increased to 18 months (was 17.3 months in October). Even greater buyer’s market than last month. A balanced market is considered to be an absorption rate of around 6 to 7 months, so this market continues as a strong buyers market.

The October 2014 numbers were: 58 active listings, 9 pending sales and 3 closed sales. Very similar activity as last year.

Palm City FL 34990 Condo Market Report October 2015

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Palm City FL 34990 Condo Market Report October 2015

New Price for Rocky Point Home with Boating Access

11.17.15 by Gabe Sanders

New Price for Rocky Point Home with Boating Access

4575 SE Manatee Terrace in Rocky Point, Stuart, FL has been reduced to $285,000.

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 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.

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New Price for Rocky Point Home with Boating Access

Palm City FL 34990 Residential Market Report October 2015

11.16.15 by Gabe Sanders

Palm City FL 34990 Residential Market Report October 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2015

For October 2015 in the 34990 Zip Code area of Palm City Florida :

There are currently 377 active listings (Increased by 12 homes from September)

137 Residential sales are pending and awaiting close or lender approval. (Decreased by 18 homes from last month)

58 Homes Sold in September (Decreased by 2 sold homes from September)

After a very strong September, the Palm City FL 34990 residential real estate market continues to show excellent sales activity. Also nice to see an increase in inventory for the second month in a row. The Palm City FL real estate market continues to show excellent resilience even as we approach our typically slower season.

The current absorption rate increased slightly to to 6.5 months from 6 months in September. Still a balanced 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 October 2014 numbers were: 455 active listings, 122 pending sales and 58 closed sales. Same closed activity as last year and higher pending numbers even with reduced inventory.

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Palm City FL 34990 Residential Market Report October 2015

Magnolia Lakes Home Sold

11.16.15 by Gabe Sanders

Magnolia Lakes Home Sold

This Saint Lucie West home in the gated Magnolia Lakes community of Port St Lucie has been sold courtesy of the Gabe Sanders BlueWater realty team. The sales price was $260,000.

This is their opportunity to own a wonderful pool home that is freshly painted and in tip top condition. Eleven foot ceilings with custom double Crown Molding and expansive large tile through-out. Open concept with true split plan. Extra bonus room can be used as an office, den or bedroom. Kitchen with granite snack counter open to huge Family room. Family Room, Living Room and Master Bedroom all open to patio and pool which is great for entertaining. Community offers a clubhouse with exercise room and huge pool, children’s playground, tennis courts, basketball court, park benches and outdoor grilling area, sidewalks and security.

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October 2015 Monthly Market Detail Florida Single Family Homes

October 2015 Monthly Market Detail Florida Single Family Homes

Spacious Canoe Creek Pool Home Price Reduced

Spacious Canoe Creek Pool Home Price Reduced

Palm Beach County Third 2015 Quarter Real Estate Market Report

Palm Beach County Third Quarter 2015 Real Estate Market Report

The Arbors in Hobe Sound November 2015 Market Report

Saint Lucie County Third Quarter 2015 Market Report

Saint Lucie County Third Quarter 2015 Market Report

November 2015 Market Report for Legacy Cove in Stuart Florida

November 2015 Market Report for Legacy Cove in Stuart Florida

Martin County Third Quarter 2015 Market Report

Martin County Third Quarter 2015 Market Report

Miles Grant Condo in Rocky Point Sold

Hobe Sound FL 33455 Condo Market Report October 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2015

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Hobe Sound FL 33455 Condo Market Report October 2015

Oceana South Corner Unit Condo Reduced

Hobe Sound FL 33455 Residential Market Report October 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2015

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Hobe Sound FL 33455 Residential Market Report October 2015

Clubside Villa in Ballantrae Pending

Clubside Villa in Ballantrae Pending

Jensen Beach FL 34957 Condo Market Report October 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2015

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Jensen Beach FL 34957 Condo Market Report October 2015

Stuart Townhome in River Pines Pending

Stuart Townhome in River Pines Pending

Jensen Beach FL 34957 Residential Market Report October 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2015

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Jensen Beach FL 34957 Residential Market Report October 2015

Great New Price for this Cedar Pointe First Floor Condo

Great New Price for this Cedar Pointe First Floor Condo

Palm City FL 34990 Condo Market Report October 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2015

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Palm City FL 34990 Condo Market Report October 2015

New Price for Rocky Point Home with Boating Access

New Price for Rocky Point Home with Boating Access

Palm City FL 34990 Residential Market Report October 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2015

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Palm City FL 34990 Residential Market Report October 2015

Magnolia Lakes Home Sold

Magnolia Lakes Home Sold

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