June 2014 Market Update River Marina Stuart

June 2014 Market Update River Marina Stuart

Here’s the latest update for the River Marina Community of Stuart FL:

River Marina Homes and Townhomes in Stuart FL

Currently 5 active listings  3 homes and 2 townhomes) on the market at prices of $419,000 to $168,000 for an average of $132.52 per square ft. of living area.

There are 5 homes under contract awaiting settlement (3 homes and 2 townhomes) with list prices from $279,900 to $128,000 at an average of $110.28 per sq. ft. of living area.

In the past 12 months, 11 homes have sold (10 homes and 1 townhome) with sales prices from $330,000 to $132,000 at an average sale price per square foot of $122.53

River Marina Homes and Townhomes in Stuart FL

River Marina is a newer community consisting of 84 single family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single family homes in River Marina are in a gated enclave.

River Marina Homes and Townhomes in Stuart FL

Also available are newer townhomes in a non-gated area. Currently only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

River Marina Homes and Townhomes in Stuart FL

June 2014 Market Update River Marina Stuart

River Marina Homes and Townhomes for Sale

Stuart, Florida Real Estate presented for your consideration by:
the Gabe Sanders real estate team

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2407 NW Cove View Beau Rivage Stuart Under Contract

2407 NW Cove View Beau Rivage Stuart Under Contract

Beau Rivage Home in Stuart FL

This beautiful completely updated single family home in Beau Rivage Estates Stuart FL is now under contract, courtesy of the BlueWater Realty Team. This home features granite counter tops in kitchen and bathrooms, new paint inside and out and wood and tile flooring.

Beau Rivage Home in Stuart FL

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20′ weekend escape sitting in the water waiting for you! The  neighborhood features homes with spacious yards and gorgeous  landscaping. The homes have large bedrooms, family and Florida  rooms. Most homes even have pools! As if Beau Rivage Estates didn’t  sound great already, it is also minutes away from Stuart and Jensen  Beach’s hot spots such as the Treasure Coast Square Mall, along  with many shopping centers, and great chain and local restaurants.  ‘A’ rated schools; Jensen Beach High School, Jensen Beach  Elementary chool and Felix A. Williams are all fantastic schools  that are close by!

Beau Rivage Home in Stuart FL

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Beau Rivage Estates in Stuart, Florida

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Pinecrest Lakes Home in Jensen Beach Rented

 Pinecrest Lakes Home in Jensen Beach Rented

This rental in a brand new home with 4 Bedrooms, 3 Bathrooms, 3 Car Garage on a spacious 1/2 acre (+) lot in Pinecrest Lakes in Jensen Beach is no longer available.  This home construction was completed on January 31, 2014 and is available for rent on a yearly basis.  Granite counter-tops and stainless appliances.  Fabulous location, close to Jensen Beach High School, the Treasure Coast Mall, Beaches, Boating, Shopping and Medical facilities.  For families looking to rent, this is a very special offering.

Overview
Maps
Photos
Description
Video
Neighborhood
$3,000
Residential Rental
Main Features
4 Bedrooms
3 Bathrooms
Interior: 2,671 sqft
Lot: 0.55 acre(s)
Location
235 NE Abaca Way
Jensen Beach, FL 34957
USA

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 is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway.  Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water.  Community features include tot lots, parks, lakes and tennis courts.

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 is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

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Pinecrest Lakes Homes for Sale in Jensen Beach

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May 2014 Monthly Market Detail St Lucie County Townhouses and Condos

May 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The May 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors rebounded pretty well after a fairly difficult spring season.  Closed sales were up by 24.6% (was down by 5.9% in April) while new sales under contract (new pending sales) decreased by 13.6% (was  down by 4.6% in April).  While a very nice increase in closed sales, the continuing decrease of pending sales is a bit troubling.

The median sales price was up by 1.2% (down 34.1% in April) and the average sales price decreased by 1.3% (was down by 2.3% in April).  Last month was the first decrease in values in over a year.  A nice rebound this month.  It will be interesting to note if this trend continues.

The inventory of available townhouses and condos decreased by 41 units from last month to 815 units which is down by 7.8% from last May.  Current supply of inventory decreased to 7.8 months from the 8.4 month supply in April and is 8.2% lower than last year.  The St. Lucie County townhouse and condo market appears to be strengthening at present.

St Lucie Condo Townhouse May 2014

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

May 2014 Monthly Market Detail St Lucie County Townhouses and Condos

Beachwood Villas Condo on Hutchinson Island Sold

 

Beachwood Villas Condo on Hutchinson Island Sold

Beachwood Villas Condos on Hutchinson Island

This terrific 2 bed/2 bath unit, fully furnished with great stuff, in Beachwood has sold through the advanced use of Internet technology by the Gabe Sanders BlueWater Realty team! Very Bahamian, in theme-good views of the ocean from the expansive screened porch and living room! Great complex, gated, with super pool/spa recreational area! Pets OK (2). This u nit may be rented seasonally. Carport under building and storage unit. A wonderful pied-a-terr for beachcombers and/or happy holiday makers! (If you lived here, you’d think you’re on vacation all year round!) Lovely, ambiance!

Beachwood Villas Condos on Hutchinson Island

Beachwood Villas Condos is on Hutchinson Island in Stuart, FL and consists of 79 units built in 1975,  Covered parking along with a pool and hot tub are the main amenities.  Most units offer direct ocean views along with your own beach access.  Units are all 2 Bedroom and 2 bath and range in size from 1,259 to 937 sq. ft. of living area.  Great location with easy access to either the Stuart or Jensen Beach Causeways.

Beachwood Villas Condos on Hutchinson Island

Beachwood Villas Condos on Hutchinson Island

Beachwood Villas Condos for Sale on Hutchinson Island

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Beachwood Villas Condo on Hutchinson Island Sold



May 2014 Monthly Market Detail St Lucie County Single Family Homes

May 2014 Monthly Market Detail St Lucie County Single Family Homes

May 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors showed strong market activity with continued rising prices, with increased volume from last year.  Closed sales from last year were up by 28.7% (in April they were up by only 0.6%) and new sales under contract (new pending sales) increased by 3.2% (they were down by 4.9% last month).

Both median and average sales prices were up again (year to year) by 8.3% and 9.9% respectively from last May (For last month these figures were 12.2% and 10%). Continued strong price appreciation for St. Lucie single family homes.

The inventory of active listings decreased in May (from last month) by 44 homes to 2,035, which is still greater than last year by 22%.  Current supply of inventory is only 4.6 months (an 18.3% increase from last year).   Still a sellers market for the Saint Lucie County single family home market.  While not as red hot as last year, it is still very positive and could still has room to slow to become a balanced market.

St Lucie Single Family May 2014

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

May 2014 Monthly Market Detail St Lucie County Single Family Homes

Open House Maritimes Townhome Hutchinson Island

Open House Maritimes Townhome Hutchinson Island

the Maritimes townhome on Hutchinson Island

Join us on Sunday, June 29 from 1 to 4 PM at 2060 NE Ocean Blvd. Unit ‘C’ for a Open House Maritimes Townhome Hutchinson Island.  For directions and additional information please call 772-323-6996.

the Maritimes townhome on Hutchinson Island

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.

the Maritimes townhome on Hutchinson Island

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.

the Maritimes townhome on Hutchinson Island

the Maritimes townhome on Hutchinson Island

the Maritimes townhome on Hutchinson Island

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Open House Maritimes Townhome Hutchinson Island

Open House Port St. Lucie Pool Home on a Cul-de-Sac

Open House Port St. Lucie Pool Home on a Cul-de-Sac

Join us for an open house om Sunday, June 29 from 1:00 to 4:00 PM.
Your host will be Beverly Bray of the BlueWater Realty Team.
For directions or information please call Gabe Sanders at 772-323-6996.


Pool Home in Great Location

OverviewMapsPhotosDescription
You Tube
Open House
$199,900
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
Lot: 1,395 sqft
Location
1498 SE Buckingham Ter
Port St. Lucie, FL 34952
USA
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May 2014 Monthly Market Detail Martin County Townhouses and Condos

May 2014 Monthly Market Detail Martin County Townhouses and Condos

May 2014 Monthly Market Detail Martin County Townhouses and Condos continues with reduced activity from last year, though still an active market, currently with a slight sellers advantage.  Year to year closed sales were up by 0.8% (was down by 12.2% in April) while new sales under contract (new pending sales) decreased by 20.8% from May 2013 (was unchanged in April).  The decrease in pending sales may be an indication of some future weakness in this market.

The median sales price decreased by 1.0% (was up by 11.3% in April) while the average sales price decreased by 19.3% (was up 11.3% in April) as compared to May of 2013.  After nearly a year of pretty impressive price rises, values were off for this month.

 The inventory of available townhouses and condos has decreased by 14 to 565 units from last month which is also 7.7% less inventory than was available in May of 2013.  With values having gone up as much as they have, I would have expected higher inventory levels.  The current supply of inventory is 5.7 months (an 8.5% decrease from last year).  While a very strong month, I’m a bit concerned over the decrease in both inventory and pending sales.

Martin Condo Townhouse May 2014

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

May 2014 Monthly Market Detail Martin County Townhouses and Condos

May 2014 Monthly Market Detail Martin County Single Family Homes

May 2014 Monthly Market Detail Martin County Single Family Homes

The May 2014 Monthly Market Detail Martin County Single Family Homes showed excellent activity.  Martin County single family home sales exceeded the average in the state and is showing excellent strength.  Year to year closed sales were up by 18.6% (was up only 0.5% in April). New pending sales decreased by 0.4% as compared to May of 2013 (decreased by 9.1% in April).  I would have liked to see some stronger new pending sale numbers.

The median sales price was up by 8.0% from last year (up by 12.6% in April) while the average price increased by 4.3% (was down by 19.3% last month).  Ideally price increases in the single digits, like this month, are a good healthy sign for the market.

The inventory of available single family homes increased from April 2014 by 22 homes to 1,420 units this month, representing a 21.8% increase from last May.  Current supply of inventory remains unchanged from last month at 7.5 months (a 9.6% increase from last year).  Hovering just outside of a balanced market for now with a slight advantage for buyers.

Martin Single Family May 2014

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

May 2014 Monthly Market Detail Martin County Single Family Homes

Waterfront Home with Dock in Stuart FL Just Listed

Waterfront Home with Dock in Stuart FL Just Listed

Waterfront manufactured home with a large dock and lift. Spacious 2 bedroom and 2 bathroom home with eat in kitchen and a large living room overlooking your dock and private river views.  There are also 2 additional bonus rooms and ample storage.  Carport will accommodate 2+ cars.  Wonderfully quiet and private setting on a cul-de-sac in Tropical Paradise.  River has ocean access with fixed bridges (approx. 6′ clearance). Community RV/Boat storage space included. This home comes fully furnished as shown.

Tropical Paradise in Stuart FL

The Tropical Paradise community of Stuart FL is just south east of Cove Rd and Kanner Hwy.  It is an affordable community of 67 mobile and manufactured homes mostly on the water.  Ocean access can be gained by going under two fixed bridges.  Approximately 6′ clearance is available.

Tropical Paradise in Stuart FL

The Tropical Paradise community has low HOA fees of only $150 per year.  Very conveniently located just minutes to I-95 for easy commutes or day trips to pints south like West palm Beach (30 mins) or Fort lauderdale and Miami (1 hour +/-) as well as up to Orlando (2 hours).  Also close to shopping and less than 15 minutes from the beaches of the crystal clear Atlantic Ocean.

Tropical Paradise in Stuart FL

Tropical Paradise in Stuart FL

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Waterfront Home with Dock in Stuart FL Just Listed

May 2014 Monthly Market Detail Florida Townhouses and Condos

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

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

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

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

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

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 Real Estate

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Hobe Sound FL 33455 Residential Market Report May 2014

Yet Another Inlet Village Condo Sold

 

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

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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Jensen Beach FL 34957 Condo Market Report May 2014

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 Florida Real Estate presented by:
Gabe Sanders

 

Jensen Beach FL 34957 Condo Market Report May 2014