River Pines Townhome Open House Oct 6

10.02.13 by

River Pines Townhome Open House Oct 6

Join us in River on Oct 6 from 1 to 4 PM at 5916 SE Riverboat Drive in Stuart, FL  for an open house.

River Pines Townhomes

Spacious town home with private quiet location in River Pines. Only a short walk or bike ride to the Saint Lucie River with access for kayak launch. Boat ramps also nearby. All ages welcome and 2 small pets permitted. 2 reserved parking spots with additional guest parking. 2 Community pools, tennis courts and racquetball/handball courts.

River Pines Townhomes

A very well run community with excellent financials. Residents have the option of joining the Miles Grant golf club (just across the street). A partial list of updates include: Roof was replaced and updated in 2001, new AC in 2009, All sinks and toilets updated, Updated appliances, Patio is enclosed with argon glass filled roof and 75 mph windows and three glass skylights, Extra storage in patio as well as exterior shed.

River Pines Townhomes

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River Pines Townhome Open House Oct 6

August 2013 Monthly Market Detail Martin County Single Family Homes

10.02.13 by

August 2013 Monthly Market Detail Martin County Single Family Homes

Positive reports for the August 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors, though not quite as robust as last month.   Closed sales were up by 9.1% (was 18.2% in July) and new sales under contract (new pending sales) increased by 35.2% (42.1% in July).

Both the median and average sales prices (year to year) increased this month by percentages of 17% and 29.8% respectively.

The inventory of available single family homes have decreased to 1102 units which is down by 21.1% from last August.  Current supply of inventory is only 6.2 months (a 31.4% 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 seller’s market should the inventory continue to decrease.

Martin County Single Family

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:
August 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.

August 2013 Monthly Market Detail Martin County Single Family Homes

4144 SW Osprey Creek Way For Sale

10.01.13 by

4144 SW Osprey Creek Way For Sale

New on the market, 4144 SW Osprey Creek Way in the Martin Down Country Club is available for purchase.

Rarely on the market. 2 bedroom plus den/office or possible 3 bedroom, 2 bathroom, 1 car garage home in Martin Downs Country Club.  Private rear paver patio that’s perfect for entertaining.  Large kitchen with breakfast area, separate dining, Florida and living rooms.

Martin Downs is a guard gated community that offers memberships for golf, tennis and social.  Two large pools, workout room, Tiki Sports Bar and Main Dining Room. A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.  Live the country club lifestyle at an affordable price.

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4144 SW Osprey Creek Way For Sale

Palm Cove Golf and Yacht Club Estate Home – New Price

09.30.13 by

Palm Cove Golf and Yacht Club Estate Home – New Price

This is a short sale and we have a previous lender approval.  A quick closing is a strong possibility.  Please call Gabe Sanders for details.

Absolutely fantastic 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 has now been reduced to  $550,000

Palm Cove Golf and Yacht Club Custom Home

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

 Palm Cove Golf and Yacht Club Custom Home

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.

Palm Cove Golf and Yacht Club Custom Home

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August 2013 Monthly Market Detail Florida Townhouses and Condos

09.29.13 by

August 2013 Monthly Market Detail Florida Townhouses and Condos

The August 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida continues to show gains though not as robust as they were in the spring of this year.  Year to year closed sales were up by 6.3% as compared to last months increase of 16.8% and new sales under contract (new pending sales) increased by 11.6% (July’s increase was 20.7%).

Both median and average sales prices were up (year to year) by a healthy 25.2% and 18.6% respectively. 

One item of concern is the active inventory which has decreased again, for August by 13.8%.  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.Florida Townhome Condo

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:
August 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.

August 2013 Monthly Market Detail Florida Townhouses and Condos

August 2013 Monthly Market Detail Florida Single Family Homes

09.28.13 by

August 2013 Monthly Market Detail Florida Single Family Homes

More good news for the Florida real estate market as reported by Florida Realtors for the August 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), though not by quite as large percentages as last month.  Year to year closed sales were up by 12.5% (was 20.9% in July) and new sales under contract (new pending sales) increased by 17.2% (was 25.9% in June).

Both median and average sales prices were up (August 2012 to August 2013) by 18.6% and 13.6% respectively.  August results are very positive though slightly less robust than July

The inventory of available homes for sale remains a concern as it continues to decrease, down by 12.3% 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.Florida Single Family Market Detai

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

 

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

August 2013 Monthly Market Detail Florida Single Family Homes

Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

09.27.13 by

 

Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

 
New price is $515,000.  This is the best value for a newer waterfront home with dock for up to a 35′ boat plus possible income from a detached 2 BR, 1 BA guest home.  This home is 3 Bedrooms, 3 bathrooms and a 4 car garage.  Gas cook-top, granite counter tops and stainless appliances.  Two tank less gas hot water heaters. Only minutes from the crystal clear waters of the Atlantic Ocean at the Saint Lucie Inlet.  There’s room for a pool. 
 
Overview
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Open House

 
$515,000
Single Family Home
Main Features
3 Bedrooms
3 Bathrooms
Interior: 2,340 sqft
Lot: 0.55 acre(s)
Location
4032 SE Paul Ter.
Stuart, FL 34997
USA
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Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

 

Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

09.26.13 by

Hobe Sound Florida Market Report ZIP Code 33455 Condo August 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 14 active condo listings. (Down by 2 condos from July)
Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

 

8 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from July)
Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

 

1 Condos sold in July (Decreased by 4 condos from July)Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With an inventory of only 12 active condos it’s not surprising to see decreasing market activity in this segment of the market.  All 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.

The absorption rate for August jumped to 14 moths from last months sellers market of 3.2 months.  Back to a strong buyer 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 August 2012 numbers were:  26 active listings, 7 pending sales and 2 closed sales.   Inventory is less than half of last year, which relates to the slower activity for August of 2013.

 

Please use the charts below as reference only as they rely on all residential types of property in the 33455 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)
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Hobe Sound Florida Market Report ZIP Code 33455 Condo August 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

09.25.13 by

Hobe Sound Florida Market Report ZIP Code 33455  Residential August 2013

 

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

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

 

There are currently 233 active listings. ( Down by 5 homes from July)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

95 Residential sales are pending and awaiting close  (A decrease of 1 home from July)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

 

48 Homes Sold in August (Up by 6 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

Closed sales were up again for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  The inventory levels continue to decrease to record levels not seen since well before the housing crisis began.  Pending sales remain strong as well, decreasing by only one home, which is impressive considering the reduced inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 4.9 months (5.7 months in July).  A strong 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 August 2012 were:  298 active listings, 55 pending sales and 37 closed sales.   Much stronger results 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:Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

 

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

Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

09.24.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2013

 For August 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 122 active listings. (A decrease of 3 homes from last month)
Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

71 Residential sales are pending and awaiting close or lender approval. (Down 1 home from July)
Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

25 Homes Sold (Increased by 1 home from July)Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

The Jensen Beach residential real estate market, zip code 34957  eased a bit in July, and remained fairly static for August, after an exceptionally good Spring and early Summer.  Both pending and closed sales changed by only 1 while the inventory declined by 3 homes.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.8 months (5.1 months in July). We remain in a fairly strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The August 2012 numbers were: 128 active listings, 83 pending sales and 26 home sales closed.  Year to year, the market for Jensen Beach single family homes remains steady and active.
 
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013
 

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Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

09.24.13 by

Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

 

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

 

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

There are currently 30 active listings. ( Decreased by 1 condo from July)
Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

 

17 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from July)
Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

 

12 Condos Sold (An increase of 3 condos from July)
Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013


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 as compared to the past 10 years.   The inventory went down again, though only by 1 unit and pending sales were off by 2, but still very strong as compared to the available inventory.  Closed sales were up by 3 condos.

The one month absorption rate for the August 2013, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 2.5 months (3.4 months in July), signifying a continuing strong sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The August 2012 numbers were: 50 active listings, 27 pending sales and 4 condos closed.   Even with considerably less available condos, 3013 activity continues to outperform 2012.  This is an excellent time to sell a condo in the Jensen Beach area of Martin County.


 

Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

 

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Jensen Beach Florida Market Report ZIP Code 34957 Condo August 2013

Palm City Florida Market Report ZIP Code 34990 Condo August 2013

09.23.13 by

Palm City Florida Market Report ZIP Code 34990 Condo August 2013

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for August 2013

 

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



There are currently 53 active condo listings. (Down by 1 condo from July)
Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

10 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from last month)
Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

0 Condos Sold in August. (Down 6 condos from July)

 

 The 34990 zip code area of Palm City condo market is a fairly small section of this area as most property in Palm City is either single family homes or town homes.  Thus making meaningful market comparisons somewhat difficult as small changes can have a great effect on the percentages and results.  There were no sales in August for condos, while the inventory and pending sales moved only by one condo each.

 
The current absorption rate for condos in the 34990 zip code area is not available with zero sales.  A balanced market is considered to be an absorption rate of around 6 months.
 
The August 2012 numbers were: 63 active listings, 6 pending sales and 4 closed sales.   The higher pending numbers this year should indicate some sales in the near future.

 

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

Search here for Palm City Florida Real Estate for Sale ( Condos)
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Palm City Florida Market Report ZIP Code 34990 Condo August 2013

Palm City Florida Market Report ZIP Code 34990 Residential August 2013

09.23.13 by

Palm City Florida Market Report ZIP Code 34990 Residential August 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2013

 

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


There are currently 352 active listings (A decrease of 8 homes from July)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

141 Residential sales are pending and awaiting close or lender approval. (A decrease of 12 homes from last month)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

77 Homes Sold in August (Increased by 7 homes from July)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 
A little bit of easing for the market activity in the Palm City, zip code 34990, area of Martin County Florida. The inventory continues to decline and pending sales were off for the second month in a row.  The only bright note was the increased number of closed sales. 
 
The current absorption rate dropped to 4.6 months from 5.5 months in July.  An indication of a strong sellers market for now.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  With lower inventory and reduced pending sales, I’m expecting an easing of the absorption rate in the coming months.

The August 2012 numbers were:  400 active listings, 161 pending sales and 68 closed sales.   Other than the pending sales numbers, we’re doing considerably better than last year in the Palm City single family market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

Search here for Palm City Florida Real Estate for Sale

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Palm City Florida Market Report ZIP Code 34990 Residential August 2013

Stuart Florida Market Report ZIP Code 34997 Condo August 2013

09.22.13 by

Stuart Florida Market Report ZIP Code 34997 Condo August 2013

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2013

 

For August 2013 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 81 active condo listings (An increase of 1 condo form July).Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

22 Condo sales are pending and awaiting close or lender approval (Down by 9 condos from July).Palm City Florida Market Report ZIP Code 34990 Condo July 2013

 

 

11 Condos Sold in August (A decrease of 1 condo from July).Palm City Florida Market Report ZIP Code 34990 Condo July 2013

 

 

The activity for the Stuart condo market for the area in ZIP code 34997 remained slow for the summer season.  A marginal increase in inventory, but a significant drop in pending sales and a small drop in closed sales.  The lower pending sales numbers may indicate lower closed sales coming in the near future.

The one month absorption rate rose to 7.3 months.  Back into a slight buyers market after months of a sellers market..   A 6 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller. 

The August 2012 numbers were: 98 active listings, 24 pending sales and 13 closed sales.  Very similar activity to last year.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:Palm City Florida Market Report ZIP Code 34990 Condo July 2013
 
 

 

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for August 2013

 

 

Palm Cove Golf and Yacht Club Open House September 22

09.21.13 by

Palm Cove Golf and Yacht Club Open House September 22

Come and join us in this Palm Cove Golf and Yacht Club custom pool home in this prestigious Palm City, Florida Golf and Yachting community.  The open house will be on Sunday, September 22 from 1 to 4 PM.

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is listed for $555,000.  Ask about our special offer valid during this open house.  Available only during the open house for those that attend.

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 Golf and Yacht Club Open House September 22

River Landing September 2013 Market Update Palm City FL

09.19.13 by

River Landing September 2013 Market Update Palm City FL

As of September 2013, there are 3 active homes for sale in River Landing. List prices vary from $329,000 to $349,000 with an average of $133.75 per square foot of living area.

There is one home under contract and awaiting settlement.  The listing price is $389,900 which equates to $140.20 per sq. ft. of living area.

In the past 12 months, 10 homes have sold in Landing Creek.  Sales prices ranged from $214,900 to $350,000 for an average of $108.52 per sq. ft. and a 95% list to sales ratio.  These sales included one foreclosure (bank ownerd) home and one short sale.

 

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

 

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

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

 

River Landing in palm City Florida Playground

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

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River Landing Homes for Sale in Palm City Florida

 

 

River Landing September 2013 Market Update Palm City FL 

Stuart Florida Market Report ZIP Code 34997 Residential August 2013

09.18.13 by

Stuart Florida Market Report ZIP Code 34997 Residential August 2013

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for August 2013

 

There are currently 347 active listings (Increased by 13 homes from July).
Stuart Florida Market Report ZIP Code 34997 Residential August 2013

167 Residential sales are pending and awaiting close or lender approval (An increase of 1 home from July). Stuart Florida Market Report ZIP Code 34997 Residential August 2013

 

58 Homes Sold in August (Down 4 homes from July)
Stuart Florida Market Report ZIP Code 34997 Residential August 2013

 

The Stuart Florida Market Report ZIP Code 34997 remained steady from last month, though not as active as the spring market.  The inventory rose in this area, unlike most other areas of Martin County.  Sales  steady and pending sales were up marginally. 
 
The current one month absorption rate rose to 6 months which still indicates a balanced market ( up from last months 5.3 month absorption rate).  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.  
 
The 2012 numbers were: 332 active listings, 195 pending listings and 82 closed sales.   For the 34997 area code of Stuart, the 2012 real estate market was actually more active than August of 2013.
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34997 real estate market:
 Stuart Florida Market Report ZIP Code 34997 Residential August 2013
 

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Stuart Florida Market Report ZIP Code 34997 Residential August 2013

Stuart Florida Market Report ZIP Code 34996 Condo August 2013

09.17.13 by

Stuart Florida Market Report ZIP Code 34996 Condo August 2013

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for August 2013

For August 2013 in the 34996 Zip Code area of Stuart, Florida :

There are currently 178 active condo listings (Up 2 from last month).
Stuart Florida Market Report ZIP Code 34996 Condo August 2013

 

22 Condo sales are pending and awaiting close or lender approval (A decrease of 10 condos from July). Stuart Florida Market Report ZIP Code 34996 Condo August 2013

 

13 Condos Sold in August (Down by 3 from July)
Stuart Florida Market Report ZIP Code 34996 Condo August 2013

 

 

The Stuart Florida Market Report ZIP Code 34996 for Condos for August 2013 showed an reduced amount of activity from previous months.   Both pending and closed sales were off from July and the inventory remains fairly steady.  We are entering our slower season for condo sales and I would not be surprised to see reduced activity continue for the next few months.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo rose to 13.7 months from July’s 11.  Continuing as a strong buyers market for August of 2013.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for August 2012 were: 190 active listings, 19 pending sales and 12 closed sales.   Better activity for this year as compared to last, especially when the reduced inventory is considered.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:Stuart Florida Market Report ZIP Code 34996 Condo August 2013

 

Search here for Stuart Florida Real Estate for Sale ( Condos)

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Stuart Florida Market Report ZIP Code 34996 Condo August 2013

Stuart Florida Market Report ZIP Code 34996 Residential August 2013

09.16.13 by

Stuart Florida Market Report ZIP Code 34996 Residential August 2013

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for August 2013

 

For August, 2013 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 125 active listings (Decreased by 1 home from July).
Stuart Florida Market Report ZIP Code 34996 Residential August 2013

 

 

26 Residential sales are pending and awaiting close or lender approval (Decreased by 18 homes from July).Stuart Florida Market Report ZIP Code 34996 Residential August 2013

 

 

25 Homes Sold in August (Increased by 10 homes from July).
Stuart Florida Market Report ZIP Code 34996 Residential August 2013

 

 

In the 34996 zip code area of Stuart Florida real estate market activity for August 2013 there was a nice jump in closed sales from July.  Unfortunately pending sales were off by a large number as well indicating possibly slower market activity for the coming months.  Not an unexpected possibility as we are approaching our ‘off’ season.  Inventory remains low and was basically unchanged from July.

The one month absorption rate for the 34996 zip code area of Stuart Florida for August dipped to 5 months as compared to July’s 8.4 months, indicating a sellers market for now.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for August of 2012 were: 166 active listings, 34 pending sales and 6 closed sales.   Still outperforming last years market, though the reduced pending sales numbers are troubling.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34996 real estate market:Stuart Florida Market Report ZIP Code 34996 Residential August 2013

 

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Stuart Florida Market Report ZIP Code 34996 Residential August 2013

315 NW Bayonet PL – Another Pines Home Sold

09.15.13 by

315 NW Bayonet PL – Another Pines Home Sold

315 NW Bayonet Place has been sold by the Gabe Sanders real estate team.  The sales price was $319,500. 

Front of the the Pines Home in Jensen Beach FL

Two story beauty, lots of upgrades.  4 bedrooms, 2.5 baths CBS home in The Pines.   Screened and heated pool, lots of covered outdoor living space, preserve views.  Many upgrades including; granite counter-tops in kitchen, new vanity and fixtures in half bath, Italian porcelain tile floors in living area, wood floor in family room, wood blinds and much more…  New high efficiency air conditioner (16 SEER) in 2012, 

Pool of the Pines Home in Jensen Beach FL

Kitchen of the Pines Home in Jensen Beach FL

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

the Pines and Windemere

 

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

Jensen Beach High School

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

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

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

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

 

For any questions you may have about 315 NW Bayonet PL – Another Pines Home Sold, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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315 NW Bayonet PL – Another Pines Home Sold