April 2014 Monthly Market Detail Florida Single Family Homes

April 2014 Monthly Market Detail Florida Single Family Homes

The April 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 4.1% (was up by 2.8% in March) and new sales under contract (new pending sales) decreased by 1.1% (was up by 2.1% in March).

Both median and average sales prices continue to rise ( April 2013 to April 2014) by 6.1% and 3.8% respectively, compared to March’s 7.1% and 6.3%.   While still very positive numbers, the rate of appreciation appears to be slowing.

The inventory of available homes for sale jumped by 18% from last year.  This is now the seventh 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.

April 2014 Monthly Market Detail Florida Single Family Homes

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April 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.

April 2014 Monthly Market Detail Florida Single Family Homes

River Landing Pool Home Under Contract

River Landing Pool Home Under Contract

River Landing Home for Sale 

This River Landing concrete block house with metal roof is now under contract. 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 Pool Home Under Contract

Sandpebble Condo For Sale

Sandpebble Condo For Sale

4490 NE Sandpebble Trace, Suite 8-301 on Hutchinson Island FL is available for Sale .  This Sandpebble condo is located on the river side of the Sandpebble Condo complex on South Hutchinson Island in Stuart, FL.


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4490 NE Sandpebble Trce.
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Sandpebble Condo on Hutchinson Island

$ Click for current price
2 BEDROOMS
2 BATHROOMS ( 2 full )
1233 Square Feet

Stunning views of the mile wide Intracoastal River and docks from this 3rd floor end unit (elevator building) at SandpebbleThis is an immaculate 2 bedroom – 2 bathroom condo on Hutchinson Island in Stuart FL has been very well maintained. Upgrades include Corian countertops in the kitchen, a large dual sink, new stove and microwave in 2004, Plantation shutters in dining area as well as newer carpets (2010). Both bathrooms updated, new vanities, new shower stall with designer details. Custom built in storage in living area. Accordion shutters for easy access and security. Amenities include a security gate, 5 pools (3 riverside, 2 Oceanside), spa, tennis, beach and river access with docks based on availability to lease.  Rentals allowed with a 2 month minimum.  1 small pet is permissible for owners.  Call today for an appointment.

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

 

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

 

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

 

There are currently 21 active condo listings. (Down by 1 condo from March)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

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

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

5 Condos sold in March (Up by 2 condos from March)

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 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).  April 2014 market activity saw a slight decrease in inventory and pending sales and an increase in closed sales.

The current absorption rate is 4.2 months (Last month it was 7.3 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 sellers 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 April 2013 numbers were:  21 active listings, 7 pending sales and 5 closed sales.   Almost identical activity year to year.

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code April 2014

 

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

 

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

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

There are currently 228 active listings. (Down by 70 homes from March)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

88 Residential sales are pending and awaiting close  (Decreased by 20 homes from March)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

42 Homes Sold in April (Up by 4 homes from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for April had excellent market activity across the board.  Please disregard the apparent large inventory decrease for this month as the Realtor Association of Martin County has changed their area definitions, hopefully we will get this sorted out for next month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.4 months (7.8 months in March).  Back into a 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 April 2013 were:  2227 active listings, 106 pending sales and 51 closed sales.  Better overall activity last year.

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code April 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 

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

 

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



There are currently 29 active listings. (Increased by 6 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condo sales are pending and awaiting close or lender approval. (Down by 9 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

9 Condos Sold (Down by 7 condos from March)

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

 The Jensen Beach Condo market (zip code 34957) is now down to only 23 active listings for April. This is a very small number and meaningful comparisons are difficult to achieve with such a small sampling of condos.  April saw the first increase in inventory in four months for the Jensen beach Condo market.   Both pending and closed sales were down for April.

The one month absorption rate for the April 2014, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.2 months (1.4 months in March), still a very strong sellers market.  A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2012 numbers were: 51 active listings, 26 pending sales and 15 condos closed.   2013 had a much more active market.

Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

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Jensen Beach Florida Condos for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

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

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

 There are currently 135 active listings. (Increased by 11 homes from last month)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

80 Residential sales are pending and awaiting close or lender approval. (Down by 17 homes from March)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

40 Homes Sold (Increased by 11 homes from March)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

The April 2014 Jensen Beach residential real estate market, zip code 34957 had excellent closed activity for the month.  Unfortunately pending sales dropped, which way be an indication of some future weakness in the number of sales.  Inventory increased for the first time in three months, which will hopefully spur demand from buyers as there’s a greater selection to choose from.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 3.4 months (4.3 months in March).  Continuing a very 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 April 2012 numbers were: 116 active listings, 84 pending sales and 32 home sales closed.   Better activity, if only slightly, this year as compared to April 2013.
Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014
 
 

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code April 2014

Hutchinson Island Stuart Ocean Front Condo Under Contract

Hutchinson Island Stuart Ocean Front Condo Under Contract

This extremely well priced condo on Hutchinson Island in Stuart FL in one of the best run condo association is now under contract courtesy of the Gabe Sanders BlueWater realty team.

Great opportunity for this Suntide Condo on Hutchinson Island in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.

 

Hutchinson Island Stuart Ocean Front Condo Under Contract

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Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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

 

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



There are currently 53 active condo listings. (Down by 4 condos from March)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

8 Condo sales are pending and awaiting close or lender approval. (Decreased by 3 condos from last month)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

7 Condos Sold in April. (Up by 6 condos from March)

Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

April saw a good improvement for closed sales for the Palm City FL real estate market for zip code 34990.  Unfortunately both pending sales and the inventory declined.  This is a pretty strong indication of slower activity for the future.  Though, this segment of the Martin County condo market is fairly small as most Palm City real estate is residential single family homes, so there is not that much of a correlation to the ‘bigger picture’ from this segment of our market.

The current absorption rate for condos in the 34990 zip code area zoomed to 7.6  months (was 57 months in March).   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 April 2012 numbers were: 58 active listings, 14 pending sales and 7 closed sales.   Slightly better activity for last year.
Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

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Palm City Florida Condos for Sale and Sold Report 34990 ZIP Code April 2014

Stuart FL 4 BR Home on 4 Acres Under Contract

Stuart FL 4 BR Home on 4 Acres Under Contract

This home presented by the Gabe Sanders BlueWater Realty team has gone under contract in 8 days from the listing date.

Stuart FL 4 BR Home on 4 Acres

Fabulous opportunity for a home sitting on 3.95 pristine acres yet still only a few minutes to downtown and the beaches.  This 1935 home needs updating and well suited for either the hobbyist or handyman.  A 4 bedroom, 2 bathroom home with a large eat in kitchen and recently added  hardiboard siding as well as a detached 3 car garage with workshop area is waiting for a new owner.  There’s also a 5 stall barn with a tack room.  Perfect opportunity for someone needing some space for vehicles, animals as well as room for all the toys without any homeowner’s association restrictions.  The land is high and dry and mostly cleared.  Easy access to I-95, Pratt and Whitney and Palm city Farms.  Owner financing is available.

Stuart FL 4 BR Home on 4 Acres

 For the price and more information about this home please click on this link.

Stuart FL 4 BR Home on 4 Acres

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Spacious Hutchinson Island Townhouse – Reduced Price

Spacious Hutchinson Island Townhouse – Reduced Price

 

Spacious Hutchinson Island Townhouse – Reduced Price.  Available for $378,000 for the discriminating buyer that needs both living space and a garage with both Intracoastal and Ocean access.  For directions and additional information please call 772-323-6996.

Enjoy your very own spacious Hutchinson Island townhome with beautiful views of the Indian River in a rare three bedroom, two and ½ bathroom home with a one car garage.  This spacious home has a generous open plan with room to roam.  Large master suite with private balcony overlooking one of the two heated community pools and Intracoastal Waterway.

Tiled throughout with impact glass windows, updated kitchen and washer and dryer in unit.  The Maritimes is a pet friendly ocean to river community allowing for up to two large dogs.  There are ocean access docks that may be available for purchase or lease.  Beach access as well as tennis also included.  A wonderfully tranquil setting that’s close to both downtown Stuart and Jensen Beach.


Spacious Hutchinson Island Townhome

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$378,000
Townhouse
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3 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 2,034 sqft
Location
2060 NE Ocean Blvd.
2060 C
Stuart, FL 34996
USA
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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

 

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

 

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


There are currently 446 active listings (Increase of 6 homes from March)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

 166 Residential sales are pending and awaiting close or lender approval. (Decreased by 3 homes from last month)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

82 Homes Sold in March (Increased by 34 home from March)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

Wow! After two slow months to start the 2014 market, the Palm City home market (zip code 34990) improved in March and then went off the charts nearly doubling the number of closed sales for April.  Pending sales had a small decrease, but this is after a large increase last month.  Inventory increased slightly.
 
The current absorption rate plunged to 5.4 months from 9.1 months in March, putting the Palm City residential real estate market back into 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 April 2012 numbers were:  382 active listings, 186 pending sales and 76 closed sales.  Better closed sales this year, though when the inventory rise is factores in, the activity was better last year..

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code April 2014

Open House: Maritimes Townhouse on Hutchinson Island

Open House: Maritimes Townhouse on Hutchinson Island

OPEN HOUSE, May 18, Sunday 2:00 PM – 4:00 PM
2060 NE Ocean Blvd. Unit C, Stuart, FLORIDA
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$ Click for current price
3 BEDROOMS
3 BATHROOMS (2 full, 1 half)
2034 Square Feet

Enjoy your very own spacious Hutchinson Island townhome with beautiful views of the Indian River in a rare three bedroom, two and ½ bathroom home with a one car garage.  This spacious home has a generous open plan with room to roam.  Large master suite with private balcony overlooking one of the two heated community pools and Intracoastal Waterway.  Tiled throughout with impact glass windows, updated kitchen and washer and dryer in unit.  The Maritimes is a pet friendly ocean to river community allowing for up to two large dogs.  There are ocean access docks that may be available for purchase or lease.  Beach access as well as tennis also included.  A wonderfully tranquil setting that’s close to both downtown Stuart and Jensen Beach.

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Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2014

For April, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 111 active condo listings (Increased by 5 condos from March).

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

56 Condo sales are pending and awaiting close or lender approval. (Up by 1 condo from last month) 

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

23 Condos Sold in April (Up by 10 condos from March).

Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

All movement in the Stuart Condo market in zip code 34994 was positive.  One of the few segments of Martin County with such strong numbers as well as an increase in inventory.

The one month absorption rate dropped to 5  months compared to last month’s 8.5.  Back once again into a sellers market.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last April the numbers were 118 active listings, 43 pending sales, and 28 closed sales.   Another equally strong April for the 34994 condo market of Stuart FL.
Stuart Florida Condos for Sale and Sold Report 34994 ZIP Code April 2014

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Stuart Florida Market Report ZIP Code 34994 – Condo, April 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2014

For March, 2013 in the 34994 Zip Code area of Stuart, Florida :

There are currently 74 active listings (Decreased by 6 homes from March)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

24 Residential sales are pending and awaiting close or lender approval (Down by 11 homes from March).

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

15 Homes Sold in March (Increased by 5 homes from March)

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

Three straight months of increasing closed sales for the 34994 ZIP code area of the Stuart, Florida.  That’s the good news.  Unfortunately both pending sales and inventory numbers declined in April.  This may make the next few months much more challenging.

The one month absorption rate for the 34994 zip code for April decreased to 4.9 months from last months 8 months.  A large shift into a sellers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The March 2012 numbers were 66 Active Listings, 34 pending sales and 9 closed sales.   Other than pending sales, numbers are improved for this year.  The drop in this years pending numbers is troubling and worth watching.

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code April 2014

 

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Stuart Florida Market Report ZIP Code 34994 Residential April 2014

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

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

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

There are currently 142 active condo listings (Down by 8 condos from last month).

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

 

  46 Condo sales are pending and awaiting close or lender approval (Decreased by 9 condos from March).

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

41 Condos Sold in April (Increased by 7 condos from March) 

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

April had excellent closed activity for the Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014.  Unfortunately pending sales were off a bit, though still strong.  Inventory also declined slightly.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 – decreased to 3.5 months from March’s 4.4 .   An extremely strong sellers market representing a very 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 April 2012 were: 191 active listings, 44 pending sales and 32 closed sales.  Unlike the residential activity, it appears that the condo market is well outperforming last year.

Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

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Stuart Florida Condos for Sale and Sold Report 34996 ZIP Code April 2014

Conquistador Condo for Sale: New Price

Conquistador Condo for Sale: New Price

The new price for Conquistador Condo Building 12 Unit 305 is $94,000.

Exceptionally well maintained condo in a vibrant 55+ community with multiple pools, active clubhouse and a 2 acre waterfront plaza on the banks of the Saint Lucie River with a fishing pier and day dock.  For golfers, the 36 hole Martin County municipal golf course is right next door.

This is the first time this condo has been on the market. An updated 2 BR, 2 BA home with granite counters and resilient flooring. Newer top of the line AC. This is a pet friendly building with up to one large dog permitted. Third floor (top floor) in an elevator building with peaks of the golf course. Close to downtown Stuart, restaurants, shopping, boating and our beaches.

Conquistador is the prime senior location in Stuart Florida.  Conquistador Condo for Sale: New Price 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.

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Conquistador Condo for Sale: New Price

Great New Price for this Whispering Pines Home for Sale in Stuart FL

Great New Price for this Whispering Pines Home for Sale in Stuart FL

 

PRICE REDUCED!
322 SW Ridge Lane, Stuart, FL
Whispering Pines Stuart FL Home for Sale
Bedrooms: 3
Bathrooms: 2 full
Living Area Approx: 1824
List Price: $Get Current Price
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A very well maintained 3 bedroom 2 bathroom home with a large den. The kitchen has been updated with Corian counter-tops and oak cabinets. Both bathrooms have been updated with new vanities and tile. Quiet street, close to Publix, beaches, downtown shopping & restaurants. There is a front patio with a picket fence and a large back patio for outdoor grill and entertaining. A lot of house for the money.
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Great New Price for this Whispering Pines Home for Sale in Stuart FL

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

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

 

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

 

There are currently 186 active listings (Increased by 22 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

 52 Residential sales are pending and awaiting close or lender approval (Increased by 5 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

11 Homes Sold in April (Decreased by 4 homes from March).

Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

Other than lower closed volume for the 34996 zip code area of the Stuart Florida residential real estate market continues to improve, with both higher inventory and pending sales.  The pending sales figures should translate to greater closed volume in the coming months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April increased to 16.9 months as compared to March’s 10.8 months.  This is not a pretty picture for sellers, but can indicate some strong advantages to buyers interested in this part of Stuart.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2012 were: 172 active listings, 57 pending sales and 18 closed sales.   Better numbers all around, last year. Though it appears that the 34996 area of Stuart is poised for a god summer.

 Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

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Stuart Florida Homes for Sale and Sold Report 34996 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

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

 

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

There are currently 83 active condo listings (Down by 7 condos from March).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

39 Condo sales are pending and awaiting close or lender approval (Down by 6 condos from March).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

25 Condos Sold in April (Increased by 10 condos from March).

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

An excellent month for closed sales for the Stuart FL condo market for zip code 34997.  Unfortunately, pending sales dropped for April indicating a possible slowdown of closed sales in the months ahead, though it’s still relatively strong.  Inventory also decreased and is once again at a fairly low value.

The one month absorption rate plunged to 3.3 months from last months 9.  A very dramatic 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 April 2012 numbers were: 101 active listings, 29 pending sales and 34 closed sales.   Closed sales were considerably better last year, but the greater number of pending sales might indicate better closed activity coming in the near future.

Stuart Florida Condos for Sale and Sold Report 34997 ZIP Code April 2014

 

Stuart Florida Real Estate presented by:
Gabe Sanders

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