May 2014 Monthly Market Detail Florida Townhouses and Condos

06.26.14 by

May 2014 Monthly Market Detail Florida Townhouses and Condos

For the May 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida, activity has decreased from last years hot pace.  Year to year closed sales were down by 7% as compared to last months decrease of 5.1% and new sales under contract (new pending sales) decreased by 13.4% (April’s decrease was 11%).

Both median and average sales prices were up (year to year) by 13.7% and 12.7% respectively (in April it was 9.8% and 10.6%). Continued strong price gains.  This is a bit surprising since the market does appear to be cooling somewhat, though for may it continues to be active and a balanced market.

Inventory rose for the eighth month in a row, by 11.3% (was up by 9.3 in April).  The rising inventory should eventually produce some pressure to moderate the rising prices.  Hopefully, this will help continue the strong momentum for sales activity.  The current 6 month supply of inventory is a good sign that we are in a balanced market.

Florida Condo Townhouse May 2014

Click on the link below or the graphic to see the full market detail report from Florida Realtors:  Click here to view or download the full report:  May 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.

May 2014 Monthly Market Detail Florida Townhouses and Condos

Emerald Lakes Townhome Stuart FL Under Contract

06.26.14 by

Emerald Lakes Townhome Stuart FL Under Contract

Emerald Lakes Townhome Stuart FLAwesome lake view from this updated townhome in Emerald Lakes.  The roof was re-coated 2013 and a new A/C in 2010. New carpets also.

Emerald Lakes Townhome Stuart FL

The community of Emerald Lakes lies n the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas.  The town homes and villas are governed by two separate home owners association yet share many of the same amenities.

Emerald Lakes Townhome Stuart FLSpread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two club houses.  Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgree’s, Banks, Gold’s Gym, etc.

Emerald Lakes Townhome Stuart FLJust a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas  and beaches  and also within minutes of I-95 for easy access to locations both north and south.  Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north.  A perfect location!

Emerald Lakes Townhome Stuart FL

Residents of Emerald lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Emerald Lakes Townhome Stuart FL

Currently Available Homes and Town Homes in Emerald Lakes

Emerald Lakes Townhome Stuart FL Under Contract

May 2014 Monthly Market Detail Florida Single Family Homes

06.25.14 by

May 2014 Monthly Market Detail Florida Single Family Homes

The May 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed improved results from last year, though at a much reduced pace from 2013.  Year to year closed sales were up, but only by 3.6% (was up by 4.1% in April) and new sales under contract (new pending sales) decreased by 0.6% (was down by 1.1% in April).

Both median and average sales prices continue to rise ( May 2013 to May 2014) by 4.3% and 8.9% respectively, compared to April’s 6.1% and 3.8%.   While still positive numbers, the rate of appreciation appears to be slowing.

The inventory of available homes for sale jumped by 20.4% from last year.  This is now the eighth month 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.  I suspect that the reduced rate of increasing values and home sales are a direct result of the increasing inventory.  Currently, there are just not enough buyers to absorb this increase fully.  Though with only a 5.7 months supply of inventory, this is still a healthy and balanced market. (2013 had a 5 month supply)

Florida Single Family May 2014

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

May 2014 Monthly Market Detail Florida Single Family Homes

Hobe Sound FL 33455 Condo Market Report May 2014

06.24.14 by

Hobe Sound FL 33455 Condo Market Report May 2014

 

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

 

For April 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 20 active condo listings. (Down by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2014

5 Condo sales are pending and awaiting close or lender approval. (Decreased by 1 condo from April)

Hobe Sound FL 33455 Condo Market Report May 2014

3 Condos sold in April (Down by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2014

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market).  Unfortunately closed sales were off as well as pending sales for May.  The inventory is now down to only 20 available condos, so I’m not expecting any great movement here until this number can increase.

The current absorption rate is 6.7 months (Last month it was 4.2 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 may not indicate a true trend in the market.  Yet even with these low numbers, we are in a balanced market for condos in the 33455 zip code area of Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The May 2013 numbers were:  21 active listings, 5 pending sales and 4 closed sales.   Little change in market activity from last years numbers.

Hobe Sound FL 33455 Condo Market Report May 2014

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Hobe Sound FL 33455 Condo Market Report May 2014

 

New Price Island Dunes Penthouse Condo on Hutchinson Island

06.24.14 by

New Price Island Dunes Penthouse Condo on Hutchinson Island

 Now available for an amazing $290,000.  Don’t wait till it’s too late!

Enjoy true luxury Oceanside living from this penthouse suite in the Island Dunes Country Club of Hutchinson Island in Jensen beach, FL.  A spacious 2 Bedroom and 2 Bath apartment on the top floor (14th) in the Island Dunes Oceanside II building.  Panoramic views of the Ocean as well as both pools from your balcony and master bedroom.  While from the kitchen and office or 2nd bedroom view the wide waters of the Intracoastal Waterway and the golf course of your Country Club.  This unit has been meticulously updated with granite countertops in the kitchen as well as the bathrooms.  Stainless steel appliances as well as tile floors laid on the diagonal in the living areas.

Luxury amenities await you with a short elevator ride downstairs.  Complete clubhouse with kitchen in the lobby.  There’s a game room with billiard table, a gym with your very own steam room.  Two pools and spa on the Oceanside for relaxation along with gas barbecue grills for your outdoor cooking.

Just across the street is your very own golf and tennis club.  Along with a restaurant (Pietro’s on the River) and a private marina (check for availability of docks).  There’s also an additional riverside pool.

Make this your luxury oceanfront home or as a getaway from the cold northern winters.  Your condo is secured with 24hr manned gated security guard as well as a secured lobby.  Management is available daily on site.  One pet up to 30lbs. is allowed for owners only.

About the Island Dunes Complex:

Located on the unspoiled Barrier Island of Hutchinson Island in Jensen Beach, Florida in Saint Lucie County is a complex of five separate condominium buildings with a common thread.  All of these units belong to the Island Dunes Country Club.  This unique arrangement offers golf, tennis and a deep water marina, just steps from your condo without having to travel to the mainland.

The five buildings from North to South are the Island Dunes Oceanside I & II, the Admiral, the Regency Island Dunes and the Regency Island Dunes Two.  All of these buildings are Oceanside affording easy access to the crystal clear blue waters of the Atlantic Ocean.  There’s a wide variety of condos available ranging from 1 Bedroom to spectacular 3 Bedroom Penthouse suites.

The Island Dunes Country Club offers a challenging nine hole golf course golf course on the on the banks of the wide Indian River,  championship tennis club , a pro shop, a deep water marina and one of the fine dining in the onsite restaurant area which is open to the public.

 Search for all An Other Island Dunes Condos on Hutchinson Island in Stuart Florida

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New Price Island Dunes Penthouse Condo on Hutchinson Island

Hobe Sound FL 33455 Residential Market Report May 2014

06.23.14 by

Hobe Sound FL 33455 Residential Market Report May 2014

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

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

There are currently 272 active listings. (Down by 26 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2014

84 Residential sales are pending and awaiting close  (Decreased by 4 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2014

47 Homes Sold in May (Up by 5 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for May had excellent market activity across the board.  Unfortunately the inventory continues to declines which could have an effect on the total number of sales in the future as there is less to choose from for buyers.  Closed sales were up for May while pending sales were off slightly.  However both sets of activity remain quite healthy.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 increased slightly to 5.8 months (5.4 months in April).  A slight sellers market for Hobe Sound, which is where we were for most of 2013.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for May 2013 were:  228 active listings, 105 pending sales and 50 closed sales.   Not as robust a sellers market as it was in 2013, but still very good activity.

Hobe Sound FL 33455 Residential Market Report May 2014

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Hobe Sound FL 33455 Residential Market Report May 2014

Yet Another Inlet Village Condo Sold

06.23.14 by

 

Yet Another Inlet Village Condo Sold
Inlet Village in Indian River Plantation

Another beautifully updated Inlet Village Condo in Indian River Plantation on Hutchinson Island in Stuart FL has sold, thanks to the BlueWater Realty team of Stuart FL.  Sold for $146,500, this is a fully remodeled 1BR unit with expansive views over the lakes and golf course of Indian River Plantation. This 1BR/1.5 bath unit has a bright, cheerful feel, with all the best surfaces used in redecoration. It is also a good ‘earner’ with proven rental history. You will be just steps from the beach, and the pool – not to mention the Marriott’s Ocean Club for family golf/tennis/beach fun.

Inlet Village Condo SoldAwesome &  Beachy best describe this rare and completely remodeled and upgraded Inlet Village one bedroom, one and a half bath spacious condo with lots of storage.   Come experience this pristine condo that has not been rented since the 2006 remodel. This unit has been extensively upgraded, effective 2006, to include the entire kitchen, bedrooms, bathrooms, ceilings, and patio. Offered furnished with some sentimental items excluded. This is a rental or year round opportunity. Inlet Village is a pet friendly complex and the Indian River Plantation community offers Golf, Tennis Beaches, and a Marina.

Inlet Village Condo Sold

Amenities include a shuttle tram, access to the beach club, tennis courts, fitness center and executive golf course. There’s also a full service marina with dockage for large boats (check availability). Carefree Florida living at it’s finest!

Inlet Village Condo Sold

Inlet Village in Indian River PlantationInlet Village in Indian River Plantation

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Yet Another Inlet Village Condo Sold



River Landing Pool Home Sold

06.22.14 by

River Landing Pool Home Sold

River Landing Home for Sale 

This River Landing concrete block house with metal roof has sold. Please call us if you have an interest in the sales price.  Lovely tile on the diagonal in all the main living areas. 4 bedrooms, 2.5 baths. Located on a stunning lakefront lot, this home is truly special. Home offers a spacious family room with wood burning fireplace. A very large pool & patio with screen enclosure overlooking the lake is picture perfect. River Landing offers community boat ramp with ocean access.

Entrance to River Landing in Palm City Florida
One of the little known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing the last one was built in 2007.  Both one and two story homes on generous sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air conditioned space.  Low HOA fees of $400 per quarter include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older updated homes, and mostly spacious with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment and fantastic local restaurants!

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River Landing Homes for Sale in Palm City Florida

 

 

River Landing Pool Home Sold

Jensen Beach FL 34957 Condo Market Report May 2014

06.21.14 by

Jensen Beach FL 34957 Condo Market Report May 2014

 

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

 

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



There are currently 31 active listings. (Increased by 2 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2014

9 Condo sales are pending and awaiting close or lender approval. (Unchanged from April)

Jensen Beach FL 34957 Condo Market Report May 2014

5 Condos Sold (Down by 4 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2014

 

 The Jensen Beach FL 34957 Condo Market Report May 2014 remains a small sector as far as condos in Martin County. After dropping down to very low levels, the active inventory has started to rise now for two months in a row.  Unfortunately pending sales remain fairly low as well as a slower volume of closed sales.

The one month absorption rate for the May 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.2 months (3.2 months in April), back into a balanced market after an exceptionally active spring.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The May 2012 numbers were: 44 active listings, 24 pending sales and 7 condos closed.   Even though the Jensen Beach Condo market activity was better last year, this remains a strong segment for Martin County real estate.

Jensen Beach FL 34957 Condo Market Report May 2014

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Jensen Beach FL 34957 Condo Market Report May 2014

Jensen Beach FL 34957 Residential Market Report May 2014

06.20.14 by

Jensen Beach FL 34957 Residential Market Report May 2014

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

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

 There are currently 112 active listings. (Decreased by 23 homes from last month)

Jensen Beach FL 34957 Residential Market Report May 2014

72 Residential sales are pending and awaiting close or lender approval. (Down by 8 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2014

42 Homes Sold (Increased by 2 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2014

Continued strong closed sales numbers for the Jensen Beach FL 34957 Residential Market Report May 2014.  Unfortunately pending sales dropped for the second month in a row, which way be an indication of some future weakness in the number of sales.  The inventory also dropped significantly making fewer homes available for buyers to have access to.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months (3.4 months in April).  An exceptionally strong 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 May 2012 numbers were: 103 active listings, 76 pending sales and 27 home sales closed.   Considerably stronger closed sales this year as compared to 2013.  I don’t believe this level of activity is sustainable in Jensen Beach, as I’m expecting a gradual move back towards a balanced market in the coming months. 
 
(Please disregard the one sale at 908% of list price.  This is a data error that has not been corrected to date.)
Jensen Beach FL 34957 Residential Market Report May 2014
 
 

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Jensen Beach FL 34957 Residential Market Report May 2014

Port St. Lucie Pool Home on a Cul-de-Sac Just Listed

06.19.14 by

 

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Gabe Sanders
BlueWater Realty Services Inc.
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MLS#: 376423
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Licensed In:
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License #:
3090099
Information valid for the date of this posting only. Please contact us for the most current information and status of this property.
1498 Buckingham TER
Port St Lucie, FL
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Beautiful 3 bedroom home for sale in Port St Lucie, FL !
$ Click for current price
3 BEDROOMS
2 BATHROOMS ( 2 full )
1395 Square Feet

Port St. Lucie Pool Home on a Cul-de-Sac Just Listed. 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.  Excellent location. Close to medical facilities, shopping, restaurants as well as the proposed Port St. Lucie Civic Center.
 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.

 

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Palm City FL 34990 Condo Market Report May 2014

06.18.14 by

Palm City FL 34990 Condo Market Report May 2014

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

 

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



There are currently 52 active condo listings. (Down by 1 condo from April)

Palm City FL 34990 Condo Market Report May 2014

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

Palm City FL 34990 Condo Market Report May 2014

4 Condos Sold in May. (Down by 3 condos from April)

Palm City FL 34990 Condo Market Report May 2014

Unfortunately closed sales were off for may 2014 in the Palm City FL 34990 condo real estate market.  Pending sales were up and inventory was down.  The Palm City condo market is quite small and inferences into the more general condo market should not be made.

The current absorption rate for condos in the 34990 zip code area rose to 13  months (was 7.6 months in April).   A buyers market.  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 May 2012 numbers were: 52 active listings, 16 pending sales and 3 closed sales.   Similar numbers to last year, but the decrease in pending sales this year is a note for concern for future activity.
Palm City FL 34990 Condo Market Report May 2014

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Palm City FL 34990 Condo Market Report May 2014

Palm City FL 34990 Residential Market Report May 2014

06.17.14 by

Palm City FL 34990 Residential Market Report May 2014

 

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

 

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


There are currently 436 active listings (Decrease of 10 homes from April)

Palm City FL 34990 Residential Market Report May 2014

 175 Residential sales are pending and awaiting close or lender approval. (Increased by 9 homes from last month)

Palm City FL 34990 Residential Market Report May 2014

72 Homes Sold in April (Decreased by 10 homes from April)

Palm City FL 34990 Residential Market Report May 2014

A solid month for the Palm City FL 34990 residential real estate market.  Not quite as strong as the very active April that we had, but good activity none the less.  Closed sales were off from April, but remained at a strong level and pending sales rose indicating a potential for good future activity.  The inventory declined slightly.
 
The current absorption rate increased to 6.1 months from 5.4 months in April, putting the Palm City residential real estate market back into a balanced market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The May 2012 numbers were:  391 active listings, 167 pending sales and 77 closed sales.  When the increased inventory is figured in, numbers are very similar to last years excellent activity.

Palm City FL 34990 Residential Market Report May 2014

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Palm City FL 34990 Residential Market Report May 2014

June 2014 Market Report for The Soundings

06.17.14 by

June 2014 Market Report for The Soundings Yacht and Tennis Club

For June 2014 there are currently 11 active listings in the Soundings Yacht and Tennis Club in Hobe Sound, FL.  List prices range from $350,000 to $1,500,000 with an average of $274 per square foot of living area.

One home is under contract and awaiting settlement.  The list price is $625,000 which equates to $264 per sq. ft. of living area.

In the past 12 months 8 homes have sold in the Soundings.  Sales prices ranged from a low of $199,000 to a high of $1,450,000 for an average of $186 per sq. ft. of living area.

The Soundings in Hobe Sound FL

Conveniently located only minutes from beautiful Jupiter Island Beach, June 2014 Market Report The Soundings Yacht and Tennis Club, Florida is an active planned community bordering both sides of Gomez Avenue in Hobe Sound.  There are a total of 153 home sites in the Soundings with only 2 vacant lots unbuilt at last count.

The Soundings in Hobe Sound FLOn the East side of Gomez, the Soundings homes are mostly waterfront with deep water docks accessing the Intracoastal waterway.  A small marina with additional docks deeded to a few select homes that do not have waterfront locations.  In addition, there is a boat ramp as well as trailer storage for those wishing to keep their boats in dry storage.  In addition, there’s a large community pool, tennis courts and an active fully equipped club house.The Soundings in Hobe Sound FL

Homes in the Soundings Yacht and Tennis Club range from spacious estate homes with Intracoastal views to smaller cottages that are perfect for the occasional seasonal resident or those not requiring large homes but want easy access to the water.

The Soundings in Hobe Sound FLMore information about the Soundings Yacht and Tennis Club can be found on their community website.

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June 2014 Market Report The Soundings Yacht and Tennis Club

Stuart FL 34997 Condo Market Report May 2014

06.16.14 by

Stuart FL 34997 Condo Market Report May 2014

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

 

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

There are currently 74 active condo listings (Down by 9 condos from April).

Stuart FL 34997 Condo Market Report May 2014

32 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from April).

Stuart FL 34997 Condo Market Report May 2014

28 Condos Sold in May (Increased by 3 condos from April).

Stuart FL 34997 Condo Market Report May 2014

Another month of increased closed sales for the Stuart FL condo market for zip code 34997.  Unfortunately, this is probably not going to continue at this strong of a pace.  The inventory continues to decline along with another monthly drop in pending sales.  A pretty strong indicator of decreasing future activity.

The one month absorption rate is now 2.6  months from last months 3.3.  A very strong sellers market.   A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The May 2012 numbers were: 87 active listings, 30 pending sales and 17 closed sales.   Better activity for this year as compared to last, and this market remains very strong.  Just possibly a little to strong to be sustainable for the long run.

Stuart FL 34997 Condo Market Report May 2014

 

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

 

 

Vacant Lot on Boxwood Circle in Port Saint Lucie

06.16.14 by

 

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Vacant land in Saint Lucie Co.
Vacant Land in Martin Co.
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BlueWater Realty Services Inc.
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MLS#: 376390
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2979 Southwest Boxwood Circle
Port Saint Lucie, FL
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2979 SW Boxwood Circle Port St. Lucie
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Oversized corner vacant lot on Boxwood Circle in Port Saint Lucie in a quiet and uncrowded residential area. Close to the Turnpike as well as easy access to shopping. Ready for a large home in an excellent location.
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Another Conquistador Condo Sold in Stuart FL

06.15.14 by

Another Conquistador Condo Sold in Stuart FL

Conquistador Condo suite 11-306 sold for $100,000 courtesy of the Gabe Sanders BlueWater realty team.

2 BR 2 BA 3rd floor condo. Totally refurbished. New kitchen and bathrooms with Granite countertops in both, and all new appliances. Also new tile and carpet. Freshly painted with light and bright beautiful view to garden area. South exposure. Pet friendly building. Conquistador has a huge clubhouse with heated pool and view to river. Tennis, exercise room, library, card room, workshop, ball room and kitchen. Short walk to municipal golf. Fishing pier on river. Close to beaches, shops, very active 55+ community. Central hot water and cable included in maintenance. Elevator.

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

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

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

Search for available Homes and Condos in Conquistador

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

Stuart Florida Real Estate

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Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Another Conquistador Condo Sold in Stuart FL

Stuart FL 34997 Residential Market Report May 2014

06.14.14 by

Stuart FL 34997 Residential Market Report May 2014

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for May 2014

 

There are currently 413 active listings (Increased by 9 homes from April).

Stuart FL 34997 Residential Market Report May 2014

164 Residential sales are pending and awaiting close or lender approval (A decrease of 26 homes from April).

Stuart FL 34997 Residential Market Report May 2014

107 Homes Sold in May (Increased by 46 homes from April)

Stuart FL 34997 Residential Market Report May 2014

The Stuart Florida Residential Market for ZIP Code 34997 had a very strong May with a large increase in closed sales and another bump in active inventory.  The one potential disturbing number is a large drop in pending sales.  A potential for less sales in the near future.
 
The current one month absorption rate dipped to 3.9 months (was 6.6 months for April).  A strong sellers market for the 34997 zip code area of Stuart, FL.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
 
The 2013 numbers for May, were: 298 active listings, 190 pending listings and 84 closed sales.  This segment of the Stuart residential market has a dramatic increase in inventory when compared to last year.  Hence, activity is also considerably higher.
Stuart FL 34997 Residential Market Report May 2014
 
 
 

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Stuart FL 34997 Residential Market Report May 2014

Stuart FL 34996 Condo Market Report May 2014

06.13.14 by

Stuart FL 34996 Condo Market Report May 2014

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for May 2014

For May 2014 in the 34996 Zip Code area of Stuart, Florida :

There are currently 145 active condo listings (Up by 3 condos from last month).

Stuart FL 34996 Condo Market Report May 2014

 

  35 Condo sales are pending and awaiting close or lender approval (Decreased by 11 condos from April).

Stuart FL 34996 Condo Market Report May 201426 Condos Sold in May (Decreased by 15 condos from April) 

Stuart FL 34996 Condo Market Report May 2014

Not a very positive month for the Stuart FL 34996 Condo Market Report May 2014 as compared to April.   Both pending and closed sales were off from last month.  However, we still have positive activity and this market has returned to a more sustainable rate from the extremely hot numbers from last month.  Inventory was up slightly.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – increased to 5.6 months from April’s 3.5 months .   Still a sellers market representing a strong spring for the 34996 condo market of Stuart, FL.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for May 2012 were: 195 active listings, 33 pending sales and 25 closed sales.  When the considerably lower inventory is factored into the market activity, the 2014 numbers are much better than last year’s.

Stuart FL 34996 Condo Market Report May 2014

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Stuart FL 34996 Condo Market Report May 2014

Stuart FL 34996 Residential Market Report May 2014

06.12.14 by

Stuart FL 34996 Residential Market Report May 2014

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for May 2014

 

For May 2014 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 187 active listings (Increased by 1 home from April).

Stuart FL 34996 Residential Market Report May 2014

 48 Residential sales are pending and awaiting close or lender approval (Decreased by 4 homes from April).

Stuart FL 34996 Residential Market Report May 2014

20 Homes Sold in May (Increased by 9 homes from April).

Stuart FL 34996 Residential Market Report May 2014

A good month for the 34996 zip code area of the Stuart Florida residential real estate market.  Inventory rose slightly and closed sales took a nice jump.  The only negative was a drop in pending sales, indicating a potential reduction in future closed sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for May decreased to 9.4 months as compared to April’s 16.9 months.  Still a buyers market, but much better than the April number.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for May of 2012 were: 161 active listings, 55 pending sales and 19 closed sales.   This segment of the Stuart market continues to lag behind the results from 2013.

Stuart FL 34996 Residential Market Report May 2014

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Stuart FL 34996 Residential Market Report May 2014