October 2014 Monthly Market Detail St Lucie County Townhouses and Condos

12.01.14 by

October 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The October 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed some renewed activity as compared to both the last few months and last year.  Closed sales were up by 9.9% (was up by 12.9% in September) while new sales under contract (new pending sales) decreased by 5.2% (was down by 18.4% in September). 

The median sales price was up by a whopping 44.3% (up 13.1% in September) and the average sales price increased by 13.3% (was up by 9.4% in September).  Like last year, it appears that sales prices are once again on the rise.

The inventory of available townhouses and condos increased by 32 units from last month to 664 units which is down by 23.9% from last October.  Current supply of inventory increased to 6.3 months from the 6.1 month supply in September and is 25.4% lower than last year.  The St. Lucie County townhouse and condo market is in a balanced market.  It was nice to see an increase in inventory for october after many months of decreases.

October 2014 Monthly Market Detail St Lucie County Townhouses and Condos

 

 Click here to view or download the full report:
October 2014 Monthly Market Detail St Lucie County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

October 2014 Monthly Market Detail St Lucie County Townhouses and Condos

October 2014 Monthly Market Detail St Lucie County Single Family Homes

11.30.14 by

October 2014 Monthly Market Detail St Lucie County Single Family Homes

October 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues to show a robust single family home market.  Closed sales from last year were up by 21.4% (in September they were up by 31.8%) and new sales under contract (new pending sales) decreased by 17.7% (they were up by 15.6% last month).

Both median and average sales prices were up again (year to year) by 12.8% and 8.5% respectively from last October (For last month these figures were 17.8% and 16.4%).  The early spring and summer had a more moderate rate of appreciation as compared to last year, but it appears to have gained momentum once again for the past three months.

The inventory of active listings decreased in October (from last month) by 30 homes to 1,832, which is now under last year’s inventory by 11.4%.  The current supply of inventory is only 3.8 months (a 20.1% decrease from last year).   A strong sellers market for the Saint Lucie County single family home market.  Inventory will soon become a problem as it has been decreasing for many months in a row.

October 2014 Monthly Market Detail St Lucie County Single Family Homes

 

Click here to view or download the full report:  October 2014 Monthly Market Detail St Lucie County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

October 2014 Monthly Market Detail St Lucie County Single Family Homes

October 2014 Monthly Market Detail Martin County Townhouses and Condos

11.29.14 by

October 2014 Monthly Market Detail Martin County Townhouses and Condos

October 2014 Monthly Market Detail Martin County Townhouses and Condos showed another month of strong gains.  Compared to the Florida state activity, Martin County is outperforming the average in activity and price  Year to year closed sales were up by 14% (was up by 22.2% in September) as well as new sales under contract (new pending sales) rose by 36.6% from October 2013 (was up by 44% in September). 

The median sales price jumped by 49.8% (was down by 1% in September) while the average sales price rose by 43.5% (was down by 0.4% in September) as compared to October of 2013.  We had some small decreases in September, but for October we are seeing some exceptional value increases.

 The inventory of available townhouses and condos has decreased by 27 units to 487 properties from last month which is also 20.8% less inventory than was available in October of 2013.   This represents a 4.7 month supply of inventory (a 20.5% decrease from last year).  A sellers market for townhouses and condos in Martin County for October 2014.

October 2014 Monthly Market Detail Martin County Townhouses and Condos

 

 Click here to view or download the full report:  October 2014 Monthly Market Detail Martin County Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

October 2014 Monthly Market Detail Martin County Townhouses and Condos

October 2014 Monthly Market Detail Martin County Single Family Homes

11.28.14 by

October 2014 Monthly Market Detail Martin County Single Family Homes

The October 2014 Monthly Market Detail Martin County Single Family Homes showed a continued strong market with activity significantly outpacing the average for the state of Florida.  Year to year closed sales were up by 23.3% (was up 23.3% in September). New pending sales increased by 4.6% as compared to October of 2013 (increased by 14.1% in September). 

The median sales price was up by 2.6% from last year (up by 4% in September) while the average price increased by 26.8% (was down by .5% last month).  Some considerably better appreciation this month compared to September.

The inventory of available single family homes increased from September 2014 by 24 homes to 1,253 units this month, and is a 2.5% increase from last October.  Current supply of inventory increased to 6.1 months from last month’s  6.0 (a 10% decrease from last year).  Currently, Martin County has a balanced market for single family home sales.

October 2014 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:  October 2014 Monthly Market Detail Martin County Single Family Homes

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

October 2014 Monthly Market Detail Martin County Single Family Homes

Pinecrest Lakes Pool Home Sold

11.28.14 by

Pinecrest Lakes Pool Home Sold

 

Pinecrest Lakes Pool Home

330 NE Town Terrace in Pinecrest Lakes of Jensen Beach has sold.  Very happy relocation buyers have just moved into their new home in Jensen Beach after some extensive searches for the perfect home with the assistance of the Gabe Sanders BlueWater realty team!

Pinecrest Lakes Pool Home

Discover the American dream home. This two story home in the Town Terrace community of Jensen Beach, adjacent to Pinecrest Lakes impresses everyone with a gorgeous front porch and swing. The newer kitchen is extremely spacious with pass thru to your screen enclosed patio and oversized pool. Hickory wood floors throughout make this home so inviting. There’s plenty of room for RV and/or boat parking on the side of the home. This Jensen Beach home has new windows and also comes with concrete hardiplank siding on the exterior. Located on a near perfect location at the end of the street on a cul-de-sac. There’s community tennis courts and a park just short walk away. Come fall in love with this true dream home.

Pinecrest Lakes Pool Home

Pinecrest Lakes in Jensen Beach, Florida was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area.  Consequently this community has a distinctive feel and flavor.  All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots.  None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes Pool Home

Pinecrest Lakes is located in Martin County’s “A” rated school district.  The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students.  Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes Pool Home

Pinecrest Lakes Pool Home

Search for all Pinecrest Lakes Homes for Sale

View all of our Listings

Jensen Beach Florida Real Estate is presented by:

the Gabe Sanders BlueWatre realty team

Pinecrest Lakes Pool Home Sold

October 2014 Monthly Market Detail Florida Townhouses and Condos

11.27.14 by

October 2014 Monthly Market Detail Florida Townhouses and Condos

For the October 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida there’s continued growth though at a slower pace than the past year.  Year to year closed sales were up by 7.4% as compared to last months increase of 2.2% and new sales under contract (new pending sales) decreased by 3.3% (September’s decrease was 1.2%).

Both median and average sales prices were up (year to year) by 7.7% and 10.3% respectively (in September they were up by 9.8% and 12%). These fairly large increases can be a mixed blessing as too fast of a rate of appreciation can price many potential buyers out of the market.

Inventory rose for the thirteenth month in a row, by 3.4% (was up by 5.3% in September).  The October 2014 numbers show a continuation of a good strong healthy market for townhouses and condos and is currently a balanced market as there is a 5.9 months supply of inventory (was 5.8 months in September) which is up 6% from last year.  A 6 months inventory supply is considered a balanced market.

October 2014 Monthly Market Detail Florida Townhouses and Condos

 

Click on the link below or the graphic to see the full market detail report from Florida Realtors:  Click here to view or download the full report:  October 2014 Monthly Market Detail Florida Townhouses and Condos

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

October 2014 Monthly Market Detail Florida Townhouses and Condos

Happy Thanksgiving

11.27.14 by

Happy Thanksgiving

 

 

 

 

 

 

 

 

 

 

 

 

 

…..             

October 2014 Monthly Market Detail Florida Single Family Homes

11.26.14 by

October 2014 Monthly Market Detail Florida Single Family Homes

The October 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed continued improvement for the single family real estate market.  Year to year closed sales were up by 17.8% (was up by 13.5% in September) and new sales under contract (new pending sales) increased by 4.7% (was up by 10.6% in September).

Both median and average sales prices continue to rise ( October 2013 to October 2014) by 4.6% and 6.1% respectively, compared to September’s 5.9% and 4%.   Slow and steady appreciation is a sign of a stable and growing real estate market.

The inventory of available homes for sale rose by 4.2% from last year.  This is now a full thirteen months of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  This increase in inventory makes for greater choices and more price competition among sellers. With only a 5.4 months supply of inventory, this is a healthy market with a slight edge to sellers. (October of 2013 had a 5.5 month supply)

October 2014 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:
October 2014 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 2014 Monthly Market Detail Florida Single Family Homes

Hobe Sound FL 33455 Condo Market Report October 2014

11.25.14 by

Hobe Sound FL 33455 Condo Market Report October 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for October 2014

 

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

 

There are currently 19 active condo listings. (Down by 5 condo from September)

Hobe Sound FL 33455 Condo Market Report October 2014

5 Condo sale is pending and awaiting close. (Up by 4 condos from September)

Hobe Sound FL 33455 Condo Market Report October 2014 

1 Condos sold in September (Decreased from 2 sales in September)

Hobe Sound FL 33455 Condo Market Report October 2014

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is down to only 15 condos for sale in all of Hobe Sound.  Pending sales were up for October after being zero in September.  Though, only 1 closed sale last month.

The current absorption rate is 15 months (Last month it was 9.5 months). The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that October not indicate 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 2013 numbers were: 15 active listings, 4 pending sales and 1 closed sales. Almost identical to last year’s activity.

Hobe Sound FL 33455 Condo Market Report October 2014

Search Hobe Sound Condominium Properties by Price

 

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report October 2014

 

Pool Home Port Saint Lucie New Price

11.25.14 by

Pool Home Port Saint Lucie New Price

Pool Home Port Saint Lucie New Price

This Port St. Lucie Pool Home on a cul-de-sac with private preserve views has been reduced to an amazing price of $155,000.

Pool Home Port Saint Lucie New Price

Well maintained home with  convenient location. Newer windows and both baths remodeled. Kitchen has newer cabinets and pass through window to pool. Tile is set on a diagonal and brick pavers leading up to the front door. The yard is fenced. Cute house on the cul-de-sac that backs up to the preserve for lots of privacy.

Pool Home Port Saint Lucie New Price

Port St. Lucie has been ranked as one of the cleanest, safest and fastest-growing cities in the United States . With that in mind, traditional neighborhoods are a popular choice in Port St. Lucie real estate. Ideal for growing families, traditional neighborhoods are made up of single-family homes—free-standing structures that share no walls with other homes. Port St. Lucie’s neighborhoods are conveniently located, with a large selection of restaurants, schools, banking, healthcare services, shopping and entertainment opportunities nearby.

Pool Home Port Saint Lucie New Price

Search for all Port St. Lucie Homes for Sale

Search the Martin County MLS

View all of our Listings

Port St. Lucie Florida Real Estate presented by:
the Gabe Sanders real estate team

Pool Home Port Saint Lucie New Price

Hobe Sound FL 33455 Residential Market Report October 2014

11.24.14 by

Hobe Sound FL 33455 Residential Market Report October 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for October 2014

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

There are currently 250 active listings. (Down by 1 home from September)

Hobe Sound FL 33455 Residential Market Report October 2014

 

55 Residential sales are pending and awaiting close  (Decreased by 19 homes from September)

Hobe Sound FL 33455 Residential Market Report October 2014

58 Homes Sold in October (Up by 33 homes from last month)

Hobe Sound FL 33455 Residential Market Report October 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for October showed a very strong recovery in closed sales from a weak September.  Unfortunately, pending sales were off a bit. Inventory pretty much unchanged.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 4.3 months (10 months in September).  Back into a sellers market for Hobe Sound, which is where it’s been for the past 12 months except for 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 2013 were:  249 active listings, 84 pending sales and 26 closed sales.   Much better sales activity, unfortunately pending sales are weaker this year.

Hobe Sound FL 33455 Residential Market Report October 2014

 

Search here for Hobe Sound Florida Real Estate for Sale

Rental Properties

Residential Properties

Vacant Land Properties

 

Commercial Properties

 

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

 

Hobe Sound FL 33455 Residential Market Report October 2014

The Meadows Palm City Capri Pool Home Sold

11.24.14 by

The Meadows Palm City Capri Pool Home Sold

The Gabe Sanders BlueWater realty team was selected by this buyer to assist them in the purchase of this lovely pool home in the Meadows of Palm City on 1780 SW Waterfall Blvd.  The sales price was negotiated to $225,000.  An exceptional value for the buyer of a pool home in the Meadows.

Popular Lakefront Capri model-DiVosta built villa on over sized lot with a custom pool and spa. This original owner has taken great care of this unit. Newer appliances and very interesting cement (with crushed shells) kitchen counter tops. The Meadows community features a magnificent fountain entry, with oak tree lined streets, extra-wide sidewalks for walking/biking, community pool, tennis, and a tot lot. There’s a 24 hour manned security gate, plus roving security patrols. All this in an excellent Palm City location – close to shopping, dining, several golf courses, schools and easy access to I95 and the Florida Turnpike. This is a winner!

The Meadows at Martin Downs is a family friendly residential community very well situated in Palm City, Florida. Their are 832 homes consisting of single-family homes, duplexes, 4 unit townhouses, and 4 unit patio homes. The Meadows community is divided into 6 distinct villages which are named: Greenwich, Lakemont, Mayflower, Brighton, Foxboro and Ridgewood.

 

The Meadows is a guard gated community with round-the-clock security. Residents of the meadows enjoy a large heated swimming pool, a tot pool, children’s playground adjacent to the pool, basket ball, 3 lighted tennis courts, a horseshoe pit and 2 bocce courts. Near the entrance of the Meadows, between the gatehouse and the fountain, is a 2200 square foot recreation center, known as The Meadows House, which also houses the administrative offices of The Meadows Homeowners Association.

 The Meadows came into existence through the efforts of local developer Peter Cumming who submitted the plans for the community around 1988. Shortly thereafter, Burg and DiVosta (soon to be just DiVosta) began developing the land in the area called Martin Downs for the soon to be constructed villages of The Meadows.

   

Divosta started construction on the site known as The Meadows in 1988 by building two structures from which to sell. One was a Single Family home (Hampton) in what is now known as Greenwich Village, and the other was a four unit Town Home building (Stamford) in what is now known as Lakemont Village. Both types of homes were started in The Meadows at about the same time in 1988. DiVosta completed the Meadows in 1993 and turned the administration and running of the community to The Meadows Homeowners Association which runs the community through elected officers as well as a full time support staff.

Search here for Meadows Homes for Sale

View Our Featured Listings!

Presented by the Gabe Sanders real estate team

The Meadows Palm City Capri Pool Home Sold

Jensen Beach FL 34957 Condo Market Report October 2014

11.23.14 by

Jensen Beach FL 34957 Condo Market Report October 2014

 

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for October 2014

 

For October 2014 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :



There are currently 33 active listings. (Down by 1 condos from September)

Jensen Beach FL 34957 Condo Market Report October 2014

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

Jensen Beach FL 34957 Condo Market Report October 2014

3 Condos Sold (Down by 7 condo from September)

Jensen Beach FL 34957 Condo Market Report October 2014

 The Jensen Beach FL 34957 Condo Market Report October 2014 remains a small sector as far as condos in Martin County.  Unfortunately closed sales were down this month after a very good month in September.  Pending sales increased though, which is a good sign for future activity.

The one month absorption rate for the October 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 11 months (3.4 months in September), now a strong sellers market after a couple of weak summer months.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The October 2013 numbers were: 36 active listings, 13 pending sales and 7 condos closed.   Slightly better activity last year, but with such a small number it’s difficult to draw meaningful comparisons.

Jensen Beach FL 34957 Condo Market Report October 2014

 

Jensen Beach Condominium Properties by Price


Jensen Beach Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach FL 34957 Condo Market Report October 2014

Jensen Beach FL 34957 Residential Market Report October 2014

11.22.14 by

Jensen Beach FL 34957 Residential Market Report October 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for October 2014

 

 For October 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 125 active listings. (Up by 13 homes from last month)

Jensen Beach FL 34957 Residential Market Report October 2014

 

62 Residential sales are pending and awaiting close or lender approval. (Down by 12 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2014

 

22 Homes Sold (Decreased by 17 homes from September)

Jensen Beach FL 34957 Residential Market Report October 2014

 

The Jensen Beach FL 34957 Residential Market Report finally slowed from its very active summer activity for October.  The inventory rose and both pending and closed sales were off for this month.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.7 months (was 2.9 months in September).  Still a sellers market for Jensen Beach home sales.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The October 2013 numbers were: 127 active listings, 75 pending sales and 17 home sales closed.  better closed activity for this year, but not quite as good in the pending sales department.
 Jensen Beach FL 34957 Residential Market Report October 2014
 
 

Search here for Jensen Beach Real Estate for Sale

Rental Properties

Residential Properties

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 October 2014

4 BR Lakefront Pool Home Jensen Beach Reduced

11.22.14 by

4 BR Lakefront Pool Home Jensen Beach Reduced

2631 NW Windemere Drive in the Pines of Jensen Beach has now been reduced to $383,900.  Please come and see this exceptionally well located and maintained home.
4 BR Lakefront Pool Home Jensen Beach Reduced

A newer lake front 4 bedroom, 3 bathroom pool home in the highly sough after Pines subdivision of Jensen Beach, FL.  This is an immaculately maintained and updated home with private lake views.  Upgrades include granite counter tops, a double convection oven and a convection microwave, Bosch dishwasher; A new Trane 18 SEER multi stage air conditioning unit; Miami/Dade approved storm shutters. New PGT tinted windows; and much more.  There’s an elegant formal dining room as well as both a living and family room in a desirable open free flowing configuration.  The spacious master suite has a separate tub and shower as well as dual vanities.  The fourth bedroom is separate and can easily be used as an in-law suite.  Backup generator outlet in the lanai.

Lakefront Pool Home in Jensen Beach
Overview
Maps
Photos
Description
Video Tour
$383,900
Single Family Home
Main Features
4 Bedrooms
3 Bathrooms
Interior: 2,142 sqft
Lot: 10,237 sqft
Location
2631 NW Windemere Dr.
Jensen Beach, FL 34957
USA
Our recent listings

 

Subscribe to our listing feed
See more Jensen Beach, FL real estate for sale

 

 

Vie more pictures and information here.

 

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why living in the Pines and Windemere are so desirable.

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  “Our Kids can walk to the new High School”

Jensen Beach High School

In addition to the best schools, The Pines is located just 1.5 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  Currently, D.R. Horton is in the process of building brand new affordable homes in both the Pines and Windemere subdivisions at some very affordable prices. 

 

For any questions you may have about 4 BR Lakefront Pool Home Jensen Beach Reduced, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

 Search for the Pines and Windemere Re-Sale Homes
Search the Martin County MLS

Jensen Beach Florida Real Estate

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

4 BR Lakefront Pool Home Jensen Beach Reduced

 

Palm City FL 34990 Condo Market Report October 2014

11.21.14 by

Palm City FL 34990 Condo Market Report October 2014

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2014

 

For October 2014 in the 34990 Zip Code area of Palm City, Florida :



There are currently 58 active condo listings. (Down by 2 condos from September)

Palm City FL 34990 Condo Market Report October 2014

9 Condo sales are pending and awaiting close or lender approval. (Increased by 5 condos from last month)

Palm City FL 34990 Condo Market Report October 2014

3 Condos Sold in October. (Up by 3 condos from September)

Palm City FL 34990 Condo Market Report October 2014 

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  After zero sales in September, there was a nice little rebound for this month with 3 closed sales along with an increase in pending sales.

The current absorption rate for condos in the 34990 zip code area is 19.3 months (was 15 months in August).   A good time to buy if one is interested in the his area.  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 2013 numbers were: 59 active listings, 6 pending sales and 4 closed sales.   Very similar activity when compared to last year.
Palm City FL 34990 Condo Market Report October 2014 
 

Search for Palm City Condos by Price:

Palm City Florida Real Estate presented by:
Gabe Sanders

 

Palm City FL 34990 Condo Market Report October 2014

Palm Cove Golf and Yacht Club Pool Home Sold

11.21.14 by

Palm Cove Golf and Yacht Club Pool Home Sold

This Palm Cove Golf and Yacht Club Custom Home on 2484 SW Bridgeview Terrace has been sold by the Gabe Sanders BlueWater realty Team.  The sales price was $584,000.  Plus we managed to secure the new owners am ocean access dock for a 50′ deep water vessel.Palm Cove Golf and Yacht Club Pool Home SoldSpacious Home in Palm Cove with over 3,200 sq. ft. of living area. Palm Cove Golf and Yacht Club Pool Home SoldCustom built Arthur Rutenberg home with designer decorated touches throughout the house is ready for you. From the moment you walk through the beautiful etched glass double door entry you will be impressed by the quality of construction and the perfect blend of colors, window treatments, light fixtures and the view. The entire house flows in perfect harmony. Triple split plan for the floor plan is very versatile. Backyard offers great privacy with lake views. Palm Cove offers golf, tennis, beautiful Clubhouse with Pool & fitness.Palm Cove Golf and Yacht Club Pool Home SoldPalm Cove Golf and Yacht Club Pool Home SoldSearch for All Palm Cove Golf and Yacht Club Homes for SalePalm Cove Golf and Yacht Club Pool Home Sold
Free MLS Search

Palm City Florida Real Estate
is presented by:

the Gabe Sanders real estate team

 

View our Featured Listings!

Palm Cove Golf and Yacht Club Pool Home Sold

 

Palm City FL 34990 Residential Market Report October 2014

11.20.14 by

Palm City FL 34990 Residential Market Report October 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for October 2014

 

For September 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 455 active listings (Increased by 22 homes from September)

Palm City FL 34990 Residential Market Report October 2014

 

 122 Residential sales are pending and awaiting close or lender approval. (Increased by 2 homes from last month)

Palm City FL 34990 Residential Market Report October 2014

 

58 Homes Sold in September (Down by 12 homes from September)

Palm City FL 34990 Residential Market Report October 2014

 

The Palm City FL 34990 residential real estate market showed weaker closed sales for October, much like the rest of Martin County.  Inventory took a nice little jump and pending sales remained up, but closed sales were off.
 
 The current absorption rate increased to 7.8 months from 6.2 months in September, moving the Palm City residential real estate market back into a buyers market after a long time of being in a sellers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The October 2013 numbers were:  416 active listings, 144 pending sales and 54 closed sales.  Inventory is up from last year as are closed sales (although only slightly). Unfortunately pending sales are off.

Palm City FL 34990 Residential Market Report October 2014

 

 Search here for Palm City Florida Real Estate for Sale

Rental Properties

Residential Properties

Vacant Land Properties

Commercial Properties

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

 

Palm City FL 34990 Residential Market Report October 2014

Palm City Waterfront Pool Home Pending

11.20.14 by

Palm City Waterfront Pool Home Pending

The Gabe Sanders BlueWater Realty Team has brought the buyer to this Palm City Waterfront Home that is listed for $585,000.

Palm City Waterfront Home Pending

This beautiful home is nestled in a small 7 home waterfront community. Features include genuine wood plank floors, ceramic tile, two stone fireplaces, vaulted and tray ceilings, with pocket sliding doors that give clear unobstructed vistas of the pool, dock and canal. There’s a separate living room with 3 bay windows, a large family room besides the kitchen with a fireplace that opens to the pool and waterfront. The spacious kitchen has granite counters and ample cabinets with a pass thru to the pool area. A real dream kitchen. The floor plan for this home has great flow for wonderful entertainment areas. A true boater’s paradise on a protected canal with over 185ft of seawall and a 42ft dock with electric and water as well as a 9000lb lift. A wonderful home in Palm City FL.

Palm City Waterfront Home Pending

Palm City Waterfront Home Pending

Palm City Waterfront Home Pending

Search for Waterfront Homes in Palm City, FL

View Our Featured Listings!

Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team

Palm City Waterfront Pool Home Pending

 

Stuart FL 34997 Condo Market Report October 2014

11.19.14 by

Stuart FL 34997 Condo Market Report October 2014

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2014

 

For October 2014 in the 34997 Zip Code area of Stuart, Florida :

There are currently 58 active condo listings (Down by 2 condos from September).

Stuart FL 34997 Condo Market Report October 2014

20 Condo sales are pending and awaiting close or lender approval (Decreased by 10 condos from September).

Stuart FL 34997 Condo Market Report October 2014

21 Condos Sold in October (Increased by 12 condos from September).

Stuart FL 34997 Condo Market Report October 2014

The Stuart FL condo market for zip code 34997 continues with strong activity for October of 2014.  Closed sales increased by more than 50% from last month.  Unfortunately, pending sales were off, while the inventory too a small drop.

The one month absorption rate dove to 2.8  months from last months 6.7.  Back into a sellers market after last months balanced market.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The October 2013 numbers were: 91 active listings, 17 pending sales and 19 closed sales.  Even with the considerably lower inventory, this segment of the Stuart condo market is markedly outperforming last year’s activity.

Stuart FL 34997 Condo Market Report October 2014

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 October 2014