Palm Cove Estate Home Approved Short Sale

Bank has approved this short sale and we can close quickly. Wonderful opportunity for the buyer with a vision and desire to live in the prestigious Palm Cove Golf and Yacht Club community. This spacious pool home located at 209 SW Hatteras Court is offered for $555,000. Please call for bank approved price.

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

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Palm Cove Estate Home Approved Short Sale

Orchid Bay Palm City FL September 2013 Market Update

09.05.13 by Gabe Sanders

Orchid Bay Palm City FL September 2013 Market Update

There are currently 5 homes available to purchase in Orchid Bay. List prices range from $385,000 to $439,000. The average listing price per sq. ft. of living area is $144.98. One of the available homes is a short sale.

Two homes are under contract and awaiting sales. List prices are $429,900 and $438,500 for an average price of $157.95 per sq. ft. of living area. One of these homes is a short sale.

In the past 12 months, 4 homes have sold in Orchid Bay. Sales prices ranged from $385,000 to $615,000 for an average sold price of $157.89 per sq. ft. of living area. None of these homes were short sales or foreclosures.

One of the most desirable communities in Palm City, Orchid Bay (also known as Captain’s Creek) lies just south of the new Palm City Veteran’s Memorial Bridge off of Mapp Road. This gated community of 153 homesites (including only two vacant lots at this time) enjoys spacious private lots of at least a ½ acre with a few properties residing on over 1 acre sites. This planned community was developed by the Tartan land Company in the early 1990’s and all homes are individually constructed by the lot owner’s builder of choice. Consequently this is not a “cookie cutter” community by any means.

Homes range in size from over 5,000 sq. ft. of living area to just over 2,000. From as many as 8 bedrooms down to 3 bedroom homes. Both one and two story residences. Homes were built from 1992 through 2007. Amenities include tennis courts, a picnic and playground area as well as a public gazebo. Numerous lakes and ponds are on this property with many homes enjoying serene water views. Orchid Bay has its own community propane tank so all residents have the option of hooking in for propane utilities if desired.

HOA fees at the time of this writing are $415 per quarter. These fees include maintenance of the roads, trash pickup, common areas as well as basic cable TV service.

Children of Orchid bay attend wonderful schools: Palm City Elementary, Hidden Oaks Middle and Martin County High.

Search here for available Orchid Bay Homes for Sale

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

Palm City Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Orchid Bay Palm City FL September 2013 Market Update

Rustic Hills Palm City FL September 2013 Market Update

09.04.13 by Gabe Sanders

Rustic Hills Palm City FL September 2013 Market Update

There are currently 4 homes available for sale in Rustic Hills. Listing prices range from $259,900 to $399,900 for an average price per square foot of living area of $159.72. There is one bank owned foreclosure in the listings.

There are no homes under contract awaiting sales at this time.

In the past 12 months, 10 Rustic Hills homes have sold. Sales prices ranged from $150,000 to $530,000 for an average sales price of $130.65 per sq. ft. at a 94% list to sales price ratio. These sales included 5 short sales. (No foreclosures)

Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 home sites geared for families who also enjoy boating.All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks.A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills.Great families and good neighbors through a series of winding one lane roads that make this neighborhood unique in today’s fast paced life styles.Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even re-built to today’s standards.

Truly a ‘rustic’ area, but close to shopping, Palm City’s‘A’ rated schools, beaches and all modern amenities.Only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

There are a number of exceptional opportunities for the prospective home buyer in Rustic Hills.

Search for currently available homes in Rustic Hills, Palm City, Florida

the Gabe Sanders real estate team

Stuart Florida Real Estate

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

Search the Martin County MLS

Call 772-323-6996 or 1-866-899-7977 for information

2884 SW Brighton Way in the Meadows Sold

09.03.13 by Gabe Sanders

2884 SW Brighton Way in the Meadows Sold

2884 SW Brighton Way in the Meadows Sold. Lakefront – Eastern exposure! Desirable & popular “Hampton” model w/over-sized, screened porch. Enjoy the many varieties of birds in this beautiful view. This home has been lovingly maintained with many upgrades & additions. Large tile thru-out, except carpeted bedrooms. Crown moldings, updated kitchen with Quartz counter tops. New showers in baths, glass shelving, Bose speaker system in Family room. 7500 amp generator included. The Meadows offers 24hr. guarded gate, beautiful lake front entry, oak tree-lined streets & extra wide sidewalks.

Very well located, close to shopping, parks and numerous recreation areas. The Meadows belongs to an excellent ‘A’ rated school system. Just a one mile ride to Florida’s Turnpike for an easy trip down to West Palm Beach or up to Orlando.

ABOUT THE MEADOWS:

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

Search for the Meadows Homes for Sale

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2884 SW Brighton Way in the Meadows Sold

South Fork Estates Market Update for September 2013

09.02.13 by Gabe Sanders

South Fork Estates Market Update for September 2013

There is currently only one home for sale in South Fork Estates. The listing price is $348,500 which equates to $154.96 per sq. ft. of living area.

There are currently no homes under contract, pending a sale in South Fork Estates

In the past 12 months, there have been 8 sales in South Fork Estates. Two of these homes were short sales.. Sales prices ranged from $215,000 to $370,000. The average sales price per square foot of living area was $136.01 at a 96% list to sales ratio.

A unique private community in Stuart, Florida built before land was so expensive that homes had to be placed on top of each other. All home in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community. Those homes not on the lakes have private preserve views of the Atlantic Ridge.

There are 114 homes in South Fork Estates. Homes were built from 1992 through as late as 2011. The majority of the homes are in the 1998 through 2005 years. Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500. There are still a few residential lots that are vacant awaiting a home.

This is a close-knit community with a playground as well as a boat and RV storage area. Low Homeowners’ association fees of under $50 per month at the time of this writing.

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle and South Fork High Schools.

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters. Shopping and medical facilities are also close by. And, there are numerous choices for boating access also only a short ride away.

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

South Fork Estates Market Update for September 2013

July 2013 Monthly Market Detail St Lucie County Townhouses and Condos

09.02.13 by Gabe Sanders

July 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The July 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed a is back on a positive track after showing a little weakness last month. Year to year closed sales were up by 8.9% (was off by 17% in June) while new sales under contract (new pending sales) increased by 29.9% (was 9.4% in June

Prices continued to rise, year to year, with the median sales price up by an impressive 62.6% (up 11.8% in June) and the average sales price rose by 20% (was up by 11.8% in June).

The inventory of available townhouses and condos rose slightly from last month to 801 units which is a decrease of 25% from last July. Current supply of inventory is now 7.8 months (a 35.8% decrease from last year). While these results are not quite as strong as in the single family market, they still show strong gains from previous years. It is just a matter of time before prices start rising a bit more dramatically. This current environment is an excellent opportunity for buyers looking into the Saint Lucie County real estate market for townhouses and condos.

Please see the entire Saint Lucie County townhome and condo market detail by clicking the links below:

Click here to view or download the full report:
July 2013 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.

July 2013 Monthly Market Detail St Lucie County Townhouses and Condos

July 2013 Monthly Market Detail St Lucie County Single Family Homes

09.01.13 by Gabe Sanders

July 2013 Monthly Market Detail St Lucie County Single Family Homes

The July 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues the positive trend that has been apparent all this year, though at a more moderate rate for July. Closed sales were up by 4.3% which were down by 0.4% (in June they were down by .4%) and new sales under contract (new pending sales) increased by 55.6% (they were up by 42.6% last month).

Both median and average sales prices were up (year to year) by 23.2% and 21.7% respectively.

The inventory of active listings rose from last month, but is still down by 34.2% from last year. Current supply of inventory is only 4.3 months (a 43.6% decrease from last year) and up slightly from 3.9 months from June. For July 2013 this remains a strong sellers market in the St Lucie County area. Lower inventory typically results in lower sales volume as there just isn’t enough homes available for sale. This will also result in strong upward pressure on prices and at some point renewed activity in new construction. If prices rise to a level where currently underwater home owners can see a profit or even a break even price, I expect to see continued increases in inventory.

Please click on the links below to read the full Saint Lucie County single family market detail:

Click here to view or download the full report:
July 2013 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.

July 2013 Monthly Market Detail St Lucie County Single Family Homes

July 2013 Monthly Market Detail Martin County Townhouses and Condos

08.31.13 by Gabe Sanders

July 2013 Monthly Market Detail Martin County Townhouses and Condos

The July 2013 Monthly Market Detail Martin County Townhouses and Condos continues to show positive year to year results. We’ve had a very impressive run so far in 2013 with no signs of abatement. Year to year closed sales were up by 20.8% ( down by 18% in June) while new sales under contract (new pending sales) increased by 65.6% (was 38.3% in June).

The median sales price increased by 20.7% (was up by 14.6% in June) while the average sales price rose by 10.2% (was up 25.3% in June) as compared to July of 2012.

The inventory of available townhouses and condos have decreased to 545 units which is a decrease of 31.5% from last July. Current supply of inventory is only 5.5 months (a 41.4% decrease from last year). For the Martin County townhouse and condo market we are now in a seller’s market. This will put significant pressure into possible rising values as long as a seller’s market persists.

Click here to view or download the full report:
July 2013 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.

July 2013 Monthly Market Detail Martin County Townhouses and Condos

July 2013 Monthly Market Detail Martin County Single Family Homes

08.30.13 by Gabe Sanders

July 2013 Monthly Market Detail Martin County Single Family Homes

Another month of solid gains year to year for the July 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors. Closed sales were up by 18.2% (was 24.4 % in June) and new sales under contract (new pending sales) increased by 42.1% (43.9% in June).

Both the median and average sales prices (year to year) increased this month by percentages of 11.8% and 14% respectively.

The inventory of available single family homes have decreased to only 1102 units which is down by 23.9% from last July. Current supply of inventory is only 6.3 months (a 35.5% decrease from last year). We are now in a balanced market for residential sales in Martin County. There’s no reason not to expect a sellers market should the inventory continue to decrease.

Please look at the full Martin County single family market detail by clicking on the links below:

Click here to view or download the full report:
July 2013 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.

July 2013 Monthly Market Detail Martin County Single Family Homes

July 2013 Monthly Market Detail Florida Townhouses and Condos

08.29.13 by Gabe Sanders

July 2013 Monthly Market Detail Florida Townhouses and Condos

The July 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida showed excellent activity after a bit of easing in June. Year to year closed sales were up by 16.8% as compared to last months decrease of 2.5% and new sales under contract (new pending sales) increased by 20.7% (June’s increase was 14.2%).

Both median and average sales prices were up (year to year) by 21.9% and 21.7% respectively (higher than June’s).

One item of concern is the active inventory which has decreased again, for July by 17.5%. The reduced inventory will eventually result in lower sales volume as there just isn’t enough homes available for sale. This will also result in strong upward pressure on prices and at some point renewed activity in new construction. If prices rise to a level where currently underwater home owners can see a profit or even a break even price, I will expect a gradual increase in inventory.

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:
July 2013 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.

July 2013 Monthly Market Detail Florida Townhouses and Condos

July 2013 Monthly Market Detail Florida Single Family Homes

08.28.13 by Gabe Sanders

July 2013 Monthly Market Detail Florida Single Family Homes

The positive trend continues for the real estate market as reported by Florida Realtors for the July 2013 Monthly Market Detail Florida Single Family Homes for the entire state of Florida. All indices have once again moved in a positive direction with the exception of inventory (active listings). Year to year closed sales were up by 20.9% (was 8.6% in June) and new sales under contract (new pending sales) increased by 25.9% (was 23.1% in June).

Both median and average sales prices were up (July 2012 to July 2013) by 18.7% and 17.5% respectively. July results are surprisingly better numbers than June of 2013 and momentum has been regained.

The inventory of available homes for sale remains a concern as it continues to decrease, down by 17.2% from last year. The reduced inventory will eventually result in lower sales volume as there just isn’t enough homes available for sale. This will also result in strong upward pressure on prices and at some point renewed activity in new construction. If prices rise to a level where currently underwater home owners can see a profit or even a break even price, I will expect a gradual increase in inventory.

Please look at the full detail report for the rest of the story:

Click here to view or download the full report:
July 2013 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.

July 2013 Monthly Market Detail Florida Single Family Homes

Martin County Florida Condo Market Report for July 2013

08.27.13 by Gabe Sanders

Martin County Florida Condo Market Report for July 2013

Commentary:

The Martin County Florida Condo Market for July 2013 had minimally better sales than last year (2 condos). On a positive note, the inventory rose to 526 units, making for a better selection for buyers. Though these levels are still low. It was back in 2005 when we had steady inventory levels below 600 units. The median sales price took a nice jump from June (up by $34,000) and is $6,000 higher than last year. Much of the median price results are driven by the mix of units selling. We had a good number of higher end waterfront condos sell in July. And, while prices are not declining any more in the overall market, they also are not making any large increases at this time. Prices remain very sensitive to the community and the available competition.

The one month absorption rate increased to 8.92 months from last months 7.36 months, while the three-month average is now at 7.41 months. We’ve slipped back into a slight buyers market. Generally an absorption rate of 6 or 7 months is considered a balanced market.

Higher interest rates remain troubling for the market in general, but is not as strong an issue for our condo market as we have a fairly high percentage of cash buyers. If the economy continues it’s improvement, I expect another good season for the condo market in Martin County for the upcoming year.

Click on the charts for a larger view:

The Definition of Absorption Rate:
Number of months it takes to sell the current inventory at the present rate of sales. Knowing your area’s Absorption Rate, helps to track trends. Understanding the market and where it is headed is part of our job as real estate professionals. Absorption rate is NOT an exact science. Figuring it is based on the premise that one will be looking for a TREND. It is advised to consistently do the numbers each month, to be able to track a trend.

Data compiled from the Realtor Association of Martin County

Martin County Florida Condo Market Report for July 2013

the Gabe Sanders real estate team

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

For more information about Florida’s Treasure Coast Real Estate, visit us at:

Stuart Florida Real Estate

August 2013 Market Update for Oak Ridge in Palm City

08.27.13 by Gabe Sanders

August 2013 Market Update for Oak Ridge in Palm City

There are currently 6 homes available for sale in Oak Ridge in Palm City, FL. The list prices range from $279,000 to $834,000 for an average of $163.52 per sq. ft. of living area. None of these are distressed (short sales or foreclosures) sales.

There are 4 homes under contract and awaiting sale dates. List prices range from $299,000 to $394,000. The average is $163.44 per sq. ft. of living area. One of these pending sales is a short sale.

11 homes have sold in Oak Ridge in the past 12 months. Sale prices ranged from $175,000 to $420,000. The average sold price per square foot of living area was $131.21 at a list to sales ratio of 96%. There was one short sale and one bank owned foreclosure in these sales.

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top rated schools, shopping, I-95 and Florida’s Turnpike, golf courses, cultural activities, parks and beaches. Linked with tree lined streets and cul-de-sacs, homes are located on preserves or water front on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. club house, pool, two lighted tennis courts and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds.

Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

Currently available homes for sale in Oak Ridge and the Estates of Oak Ridge

Martin County Florida Residential Market Report for July 2013

08.26.13 by Gabe Sanders

Martin County Florida Residential Market Report for July 2013

Commentary:

The Martin County Florida Residential Market for July 2013 continues to produce better results as compared to recent years. For July 2013, the inventory dropped below 1,000 homes for the first time since July of 2005. Hopefully, this is only a seasonal reaction to the market as we approach the slower selling season in this area of Florida. Should inventory levels remain this low, sales numbers will decline as buyers will have difficulty finding suitable housing. New home sales are one relief to this inventory issue and we currently have a number of builders and communities with new home offerings.

Both median and average sales prices declined in July from last month, but are still improved year to year. The one month absorption rate for July 2013 increased to 5.3 months (from 4.72 months in June), and the three-month average is 4.91 months. A 6 month absorption rate is considered to be a balanced market, so we continue to be in a sellers market in Martin County. It’s not unusual to see slower activity as we go into fall and the holiday season.

We’ve had a very good run in the market to date this year. There are a few storm clouds on the horizon, though. Mainly higher interest rates and a very uncertain economy. Recent issues with the quality of our rivers as well as rising flood insurance rates are also impacting our higher end sales in the county.

Please feel free to contact us if you have any difficulty interpreting these charts.

Clicking on the chart will produce a larger view.

Data compiled from the Realtor Association of Martin County

Martin County Florida Residential Market Report for July 2013

the Gabe Sanders real estate team

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

For more information about Florida’s Treasure Coast Real Estate, visit us at:

Stuart Florida Real Estate

August 2013 Market Update for Castle Hill Sewalls Point

08.26.13 by Gabe Sanders

August 2013 Market Update for Castle Hill Sewalls Point

There are currently two homes for sale in Castle Hill. The listing prices are $1,325,000 and 2,800,000. This averages to $489.40 per sq. ft. of living area.

There are currently no homes under contract, pending a sale.

In the past 12 months, there have ben six sales in Castle Hill. One of these sales was a bank owned foreclosure. Sales prices ranged from $485,000 to $2,600,000. The average sales price per square foot of living area was $242.77 at a 94% list to sales ratio.

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewall’s Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways. Close to marinas and launch facilities as well as shopping, restaurants and schools.

Residents of Castle Hill enjoy the good life with low HOA fees and a quiet family friendly neighborhood for year round Florida living. Homes range from multi million waterfront properties high on the deep Saint Lucie River to half acre and larger dry home fronts with homes now starting in the high $400,000’s.

Castle Hill was established in the early 1990’s and remains one of the prime locations to call home on the Treasure Coast.

Here are the currently available homes for sale in Castle Hill

August 2013 Market Update for Castle Hill Sewalls Point

August 2013 Market Update for Martins Crossing

08.25.13 by Gabe Sanders

August 2013 Market Update for Martins Crossing

There are currently 7 homes for sale in Martins Crossing. 4 townhomes (priced from $121,500 to $169,000) and 3 single family homes priced from $199,000 to $289,000. The average price per square foot of living area is $102.80. Of these, one townhome is a short sale and two townhomes are bank owned.

There are nine homes under contract. 3 townhomes and 6 single family. Listing prices ranged from $109,000 to $289,000. This equates to an average of $93.78 per square foot of living area.

In the past twelve months, 49 homes have sold in Martins Crossing. 14 townhomes (sales prices ranged from $97,00 to $154,900) while the 35 homes had prices ranging from 130,000 to $270,000. The overall sales price per square foot was $89.46 at an average list to sales ratio of 96%. There were 13 short sales and 9 foreclosures in these sales.

The number of foreclosures and short sales has drastically declined in Martins Crossing and prices have risen significantly in the past 6 months.

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping. August 2013 Market Update for Martins Crossing, boasts of 596 residences with a stunning variety of single family homes and a section of private town homes. This family friendly community was completed around 2006 with mostly newer homes.

August 2013 Market Update for Martins Crossing community amenities include lush landscaping and with private preserve views, The Martins Crossing Clubhouse has a sparkling resort style pool, and over sized deck, tennis courts and a playful tot lot all nearby.

August 2013 Market Update for Martins Crossing is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches and waterways of Martin County, restaurants, shopping and quick access to I-95. All this in a wonderful ‘A’ rated school system.

Search for Martins Crossing Homes for Sale

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Stuart Florida Estate is presented by:

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August 2013 Market Update for Martins Crossing

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

08.23.13 by Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for July 2013

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

There are currently 16 active condo listings. (Down by 3 condos from June)

10 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from June)

5 Condos sold in July (Increased by 5 condos from June)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Sales increased to 5 units from 0 sales in July. Pending sales were off slightly while the inventory is shrinking to very, very small numbers.

The absorption rate for July is 3.2 months. A very strong sellers advantage for those in the Hobe Sound condo market.. Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The July 2012 numbers were: 28 active listings, 7 pending sales and 3 closed sales. Strong activity when compared to last year.

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 Condo, July 2013

Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

08.22.13 by Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for July 2013

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

There are currently 238 active listings. ( Down by 10 homes from June)

96 Residential sales are pending and awaiting close (A decrease of 11 homes from June)

42 Homes Sold in July (Up by 5 homes from last month)

Closed sales were up for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County. After an increase of inventory in June, we’re back to lower numbers for July. Pending sales were also off slightly.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.7 months. Back to a slight sellers market again. An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2012 were: 279 active listings, 77 pending sales and 31 closed sales. Much better activity year to year for the Hobe Sound residential real estate market.

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Price Reduced Key West Style Rocky Point Home

08.21.13 by Gabe Sanders

Price Reduced Key West Style Rocky Point Home

The price of this home located at 5695 SE Matousek St. in Rocky Point, Stuart, FL has been reduced to $369,900. Come and take a look at this totally remodeled home with easy access to fishing and boating just off the Saint Lucie Inlet.

An amazing opportunity in Rocky Point Estates. This two story Key West style pool homes has seen a total makeover in the past few years. The second floor is a spacious 2 BR, 1 BA, space with a full country kitchen, living and dining areas and laundry room. There’s a 360 degree covered wrap around porch to enjoy the cool ocean breezes year round. Floors are Dade County Pine. The living room has a Vermont Casting wood stove for those rare winter days when a little warmth may be required. A newer 30 year metal roof (2005). The attic, trusses, decks and staircase are all Cypress (which is no longer available for home construction). This structure is supported by reinforced poured concrete.

The CBS first floor has been recently updated. Boasting a great room concept with 1 BR and 1 Bath and new kitchen with granite counters and stainless appliances. Spacious bathroom with Carrera marble. Perfect for the extended family needing two living spaces or a possible income producing apartment. Only steps away from the Rocky Point Estates marina and boat ramp. As of this writing docks are available for sale or lease. Please call for an extensive list of features and updates for this home.

Living area of Rocky Point Pool Home

There’s a gas heated pool and spa on the perfectly manicured grounds. Two driveways. Backup generator that will power both levels. Security system. Attached car port that can easily be enclosed to a garage.

Rocky Point Estates is a boating community with a marina and boat ramp that is only minutes from the crystal clear waters of the Atlantic. A mecca for fisherman from the world over. There’s also a large picnic area with a covered portico as well as fishing piers with cleaning stations. All only steps from this home. Docks are available to purchase and lease for only the residents and members of the Rocky Point Estates Homeowners Association. HOA fees are a minimal $75.00 per year.

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Price Reduced Key West Style Rocky Point Home

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

08.21.13 by Gabe Sanders

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2013

For July 2013 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 31 active listings. ( No change from June)

19 Condo sales are pending and awaiting close or lender approval. (Down by 5 condos from June)

9 Condos Sold (An increase of 2 condos from June)

The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market. Current inventory is at an all time low (though unchanged from June). Pending sales were off slightly (not unexpected as the inventory is so low) while sales were up by two units.

The one month absorption rate for the July 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.4 months, signifying a shift to a strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The July 2012 numbers were: 54 active listings, 23 pending sales and 5 condos closed. Even with considerably less available condos, 3013 activity continues to outperform 2012.

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:

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Price Reduced Key West Style Rocky Point Home

Price Reduced Key West Style Rocky Point Home

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for July 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo July 2013

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