Island Dunes Oceanside Condo Unit 305 Sold

Unit 305 in fabulous Island Dunes Oceanside (8880 S Ocean Drive, Jensen beach, FL 34957) is now Sold!

Breathtaking ocean views surround you! Must see this bright, spacious 3 bedroom condo, furnished or unfurnished. Ready to move in and enjoy. Quarterly fees includes Golf Club Membership and more. The ocean beach is an elevator ride to lobby and out! A true gem! Spacious, bright home in paradise. Split bedrooms, 2 baths, 3rd bedroom or den, open balconies from bedrooms and living room. Water, water everywhere!

Kitchen of Island Dunes Oceanside Condo Unit 305

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.

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Hammock Creek August 2013 Market Update

08.08.13 by Gabe Sanders

Hammock Creek August 2013 Market Update

There are currently 10 homes actively listed in Hammock Creek in Palm City, Florida. Prices range from $639,900 to $385,000. The average list price is $529,020 at $147.77 per square foot of living area. There are no short sales or foreclosures in these listings.

There are 7 homes currently under contract awaiting closing. Of these pending homes, there is one short sale and no bank owned foreclosures. The list prices range from $575,000 to $319,900 at an average list price is $475,000 at $114.24 per square foot of living area.

In the past 12 months, 35 homes have sold in Hammock Creek. Sales prices ranged from $570,000 to $265,000 to with an average sales price of $363,368 at $130.05 per square foot of living area. There were three short sales and one bank owned foreclosure included in these sales

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools makes Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides .

Here are the currently available homes in Hammock Creek August 2013 Market Update

For any questions you may have about Hammock Creek August 2013 Market Update, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Hammock Creek August 2013 Market Update

August 2013 Market Update for The Pines and Windemere in Jensen Beach

08.07.13 by Gabe Sanders

August 2013 Market Update for The Pines and Windemere in Jensen Beach

There are currently 15 homes for sale in the Pines and Windemere in Jensen Beach, FL ranging in price from $200,000 to $649,000 (Average asking price of $145.57 per square foot of living area) One bank owned foreclosure and a number of new construction homes from D. R. Horton.

13 homes are currently under contract with listing prices ranging from $170,000 to $389,900 at an average of $133.14 per square foot of living area. 5 of these pending sales are short sales.

29 homes have sold in the past 12 months in the Pines and Windemere with the sales prices ranging from $165,000 and $408,001 (The average sales price was $277,839 at $122.98 per square foot) There were no bank owned foreclosures and 5 short sales in these closed sales.

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 August 2013 Market Update for The Pines and Windemere in Jensen Beach is so desirable.

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”

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 August 2013 Market Update for The Pines and Windemere in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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August 2013 Market Update for The Pines and Windemere in Jensen Beach

Martin County Florida Condo Market Report for June 2013

08.06.13 by Gabe Sanders

Martin County Florida Condo Market Report for June 2013

Commentary:

The Martin County Florida Condo Market for June 2013 was strong, though it retreated considerably from the excellent April numbers. 85 condos sold in June (compared to 128 in April). Better numbers, year to year, but not excellent. The inventory of available condos dropped again (fifth month in a row) to only 544 condos. This low number is beginning to effect prices and at long last it appears that condo prices are starting to rise. The median sales price was down compared to April, but this is a reflection of the larger number of lower priced condos that sold this month, rather than decreasing value. Summer is upon us and typically the condo market slows down during the summer months.

The one month absorption rate increased to 6.4 months from last months 4.46 months, while the three-month average is now at 5.71 months. Basically a balanced market for the time being. Generally an absorption rate of 6 or 7 months is considered a balanced market.

The low inventory rates and rising interest rates are troubling and could possibly have a negative effect on the condo market recovery.

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

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Condo Market Report for June 2013

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Martin County Florida Residential Market Report for June 2013

08.05.13 by Gabe Sanders

Martin County Florida Residential Market Report for June 2013

Commentary:

The Martin County Florida Residential Market for June 2013 continues to outpace recent years with continued strong sales activity. For June, we had a slight rise in inventory (to 1,015 units) which is a positive sign as we need inventory for this market to continue to improve. Closed sales increased from May and were also considerably better than last June’s numbers. All signs of a good healthy recovery.

Both median and average sales prices rose in June and are much improved over last year’s prices as indicated in the graphs below. The one month absorption rate for June 2013 decreased slightly to 4.72 months (from 4.74 months in May), and the three-month average stands at 4.66 months. A 6 month absorption rate is considered to be a balanced market, so we are officially in a a sellers market in Martin County. As late summer and fall approaches, we typically can expect a small decline in activity.

It appears that there is some improvement in the economy that is leading to a more positive outlook in consumer confidence. While there is still much room for improvement, we are currently trending in the right direction.

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

Data compiled from the Realtor Association of Martin County

See the full set of charts at Treasure Coast FL Homes

Martin County Florida Residential Market Report for June 2013

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Lighthouse Point and Seagate Harbor 2013 Market Update

08.05.13 by Gabe Sanders

Lighthouse Point and Seagate Harbor August 2013 Market Update

There are currently 15 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL. From a low price of $379,900 to a high of $1,125,000 with an average asking price of $565.160 at $256.72 per square foot of living area. There is one bank owned foreclosure and no short sales in the active listings.

There are 5 homes under contract. The listing prices on these pending homes range from a low of $250,000 to a high of $626,000, for an average list price of $347,200 at $199.55 per square foot of living area. 3 of these 5 pending sales are short sales. No foreclosures.

17 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months. Sale prices were from $219,900 to $1,250,000 with an average sales price of $383,652 or $194.82 per square foot of living area. 2 of these sales were bank owned foreclosures and 2 were short sales.

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A Rated schools!

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes with wide views of the Saint Lucie River. A community boat ramp is also available. Everything a boater would want!

Search for available homes in Lighthouse Point and Seagate Harbor

Lighthouse Point and Seagate Harbor August 2013 Market Update

Four Rivers August 2013 Market Update

08.04.13 by Gabe Sanders

Four Rivers August 2013 Market Update

There are currently 6 homes for sale in Four Rivers in Palm City FL ranging in price from $697,300 to $1,325,000 (Average asking price of $254.22 per square foot of living area) None of these listings are short sales or foreclosures.

One home is currently pending (under Contract) at a listing price of $620,000 ($253.68 per square foot)

6 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $650,000 and $810,000 (The average sales price was $730,166 at $194.71 per square foot) None of these sales were short sales or foreclosures.

Four Rivers August 2013 Market Update is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River. Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.

Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water. Four Rivers is a wonderful place to call home.

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Four Rivers August 2013 Market Update

Holly Creek August 2013 Market Update

08.03.13 by Gabe Sanders

Holly Creek August 2013 Market Update

There are no active listings in Holly Creek as of August 1, 2013.

There is 1, 2 Bedroom 2 and 1/2 Bath town home under contract that was listed for $129,900 (or $100.31 per sq. ft. of living area).

In the past 12 months, 13 homes and townhomes have sold in Holly Creek. Sales prices ranged from $72,500 to $190,000 for an average sale price of $119,269 or $83.02 per sq. ft. of living area. There were no foreclosures and only one sale was a short sale.

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.This home features lots of room with 2 BR, 2.5 Bath and 1 car garage with additional parking. Both bedrooms feature individual baths. New AC and the refrigerator has a water filter system. Private lanai and lushly landscaped grounds. This is a perfect starter home or a wonderful Florida vacation home during the cold northern winters. This home is in move in condition and ready for immediate occupancy. This home can qualify for the first time home buyers tax credit.

A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.

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Holly Creek August 2013 Market Update

The Yacht and Country Club of Stuart August 2013 Market Report

08.01.13 by Gabe Sanders

The Yacht and Country Club of Stuart August 2013 Market Report

August 2013 Market Update:

There are 14 homes currently for sale in the Yacht and Country Club of Stuart. Listing prices are from $295,000 to $1,200,000. Of these homes, two are short sales. (Average of $181.18 per square foot of living area)

There are currently 8 homes under contract ranging in listing price from $127,000 to $432,600. Three of these homes are short sales and one is a bank owned foreclosure. (Average of $106.84 per square foot of living area)

38 homes have sold in the past 12 months. Ranging in sales price from $109,900 to $739,900. 3 of these homes were short sales and 4 were bank owned foreclosures. (the average sales price was $275,233 or $110.84 per sq. ft. of living area).

The Yacht and Country Club of Stuart, Florida Golf Course

One of the first gated golf communities in Martin County, the , Florida remains among the preeminent communities on Florida’s Treasure Coast for both the golf and yachting enthusiast. This fine gate guarded community boasts water front homes that are only minutes from the Saint Lucie inlet and the Atlantic Ocean. Easy access for day trips to the Bahamas and back and a true fisherman’s paradise.

The ‘Stuart’ golf course at the Yacht & Country Club of Stuart, Florida features a professional 18 hole course with 6,466 yards of golf from the longest tees for a par of 71 . The course rating is 71.2 and it has a slope rating of 125 on Bermuda grass. Driving range and putting greens are also provided at this club.

The clubhouse at the Yacht and Country Club of Stuart offers a professionally appointed fitness center with a a resident massage therapist. Tennis is provided by ix lighted Har-tru tennis courts and also residents are provided with two lighted croquet lawns.

There is a heated swimming pool open daily and water aerobics is offered on a weekly basis. The Yacht and Country Club of Stuart has a formal Dining Room that has earned itself a reputation as one of Stuart’s finest dining establishments. Also offered is the “Grill Room” for those who would like to enjoy a more casual dining experience.

Truly a wonderful place to call home.

Search here for available homes in the Yacht and Country Club of Stuart, Florida

The Yacht and Country Club of Stuart August 2013 Market Report

June 2013 Monthly Market Detail St Lucie County Townhouses and Condos

07.31.13 by Gabe Sanders

June 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The June 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed a little weakness. Year to year closed sales were off by17% after last months rise of 12.5% while new sales under contract (new pending sales) increased by 9.4% (was 43.4% in May

Prices, however, rose year to year with the median sales price up by 11.8% and the average sales price up by 4.6%.

The inventory of available townhouses and condos have decreased to 775 units which is a decrease of 30.8% from last June. Current supply of inventory is now 7.6 months (a 41.8% 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:
June 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.

June 2013 Monthly Market Detail St Lucie County Townhouses and Condos

June 2013 Monthly Market Detail St Lucie County Single Family Homes

07.31.13 by Gabe Sanders

June 2013 Monthly Market Detail St Lucie County Single Family Homes

Continuing a mostly positive trend for the June 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors. The only negative detail was the year to year closed sales, which were down by 0.4% and while new sales under contract (new pending sales) increased by 42.6%!!

Both median and average sales prices were up (June 2012 to June 2013) by 23.3% and 16.6% respectively.

One item of concern is the active inventory which continues to decrease significantly, presently only 1,664 homes, a decrease of 43.8% from last year. Current supply of inventory is only 3.9 months (a 52.7% decrease from last year). For June 2013 it was a strong sellers market in the St Lucie County area. 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 expect to see a gradual increase 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:
June 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.

June 2013 Monthly Market Detail St Lucie County Single Family Homes

June 2013 Monthly Market Detail Martin County Townhouses and Condos

07.30.13 by Gabe Sanders

June 2013 Monthly Market Detail Martin County Townhouses and Condos

While there were positive results in pricing year to year for the June 2013 Monthly Market Detail Martin County Townhouses and Condos, sales numbers were off for the month. Year to year closed sales were down by 12.8% ( up by 28% in May) while new sales under contract (new pending sales) increased by 38.3% (was 56.6% in May).

The median sales price increased by 14.6% (was off 5.5% in May) while the average sales price rose by 25.3% (was up 9.74% in May) as compared to June of 2012.

The inventory of available townhouses and condos have decreased to 547 units which is a decrease of 33.5% from last June. Current supply of inventory is only 5.6 months (a 33.5% decrease from last year). For the Martin County townhouse and condo market we are now in a slight 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:
June 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.

June 2013 Monthly Market Detail Martin County Townhouses and Condos

June 2013 Monthly Market Detail Martin County Single Family Homes

07.29.13 by Gabe Sanders

June 2013 Monthly Market Detail Martin County Single Family Homes

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

Both the median and average sales prices increased this month (after decreases in May)by percentages of 13.8% and 31% respectively.

The inventory of available single family homes have decreased to only 1102 units which is down by 28.3% from last June. Current supply of inventory is only 6.3 months (a 39.5% decrease from last year). We are now at a balance 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:
June 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.

June 2013 Monthly Market Detail Martin County Single Family Homes

June 2013 Monthly Market Detail Florida Townhouses and Condos

07.28.13 by Gabe Sanders

June 2013 Monthly Market Detail Florida Townhouses and Condos

The positive trend from the spring has slowed for the June 2013 Monthly Market Detail Florida Townhouses and Condos for the entire state of Florida. Year to year closed sales were off by 2.5% as compared to last months increase of 18.7% and while new sales under contract (new pending sales) increased by 14.2% (May’s increase was 30.8%).

Both median and average sales prices were up (June 2012 to June 2013) by 18.2% and 13.9% respectively (higher than May’s).

One item of concern is the active inventory which has decreased by 20%. 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:
June 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.

June 2013 Monthly Market Detail Florida Townhouses and Condos

5695 SE Matousek St Open House July 28

07.27.13 by Gabe Sanders

5695 SE Matousek St Open House July 28

Come join Sheila Everhart on Sunday, July 28 from 1 to 4 PM at 5695 SE Matousek St. in Rocky Point, Stuart, FL for an open house. Get a first hand 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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5695 SE Matousek St Open House July 28

June 2013 Monthly Market Detail Florida Single Family Homes

07.27.13 by Gabe Sanders

June 2013 Monthly Market Detail Florida Single Family Homes

Another positive month of results reported by Florida Realtors for the June 2013 Monthly Market Detail Florida Single Family Homes for the entire state of Florida. All indices have moved in a positive direction though at a more modest pace than for the past few months. Year to year closed sales were up by 8.6% (was 18.7% in May) and new sales under contract (new pending sales) increased by 23.1% (was 30.8% in May).

Both median and average sales prices were up (June 2012 to June 2013) by 15.1% and 14.2% respectively.

The inventory of available homes for sale remains a concern as it continues to decrease, down by 22% 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:
June 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.

June 2013 Monthly Market Detail Florida Single Family Homes

Danforth in Palm City July 2013 Market Report

07.26.13 by Gabe Sanders

Danforth in Palm City July 2013 Market Report

As of July, 2013:
There are currently 8 active home listings for sale in Danforth. Prices range from $299,500 to $450,000. The average price is $368,412 which represents $149.62 per square ft. of living area. None of these homes are foreclosures or short sales.

4 homes are currently under contract. No bank owned or short sales in this group. Listing prices range from $269,000 to $325,000. The average price is $303,000 at a sq. ft. of living area cost of $142.74.

In the past 12 months 28 homes have sold in Danforth, indicating a very active market. The sales prices ranged from $192,000 to $450,000. 6 of these homes were bank owned and 4 were foreclosures. The average sales price was $284,675 at $113.24 per sq. ft.

Danforth in Palm City Florida is wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel. Well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools. Both of these schools are top rated in the Martin County school system as well as in the State of Florida.

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities. Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.

Danforth features low HOA fees of $304.00 per quarter (as of Sept. 2012). Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001. This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes. Here is the Danforth Home Owners Association web site.

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Danforth in Palm City July 2013 Market Report

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

07.25.13 by Gabe Sanders

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

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

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

There are currently 19 active condo listings. (Down by 2 condos from May)

[singlepic id=3744 w=500 h=500 float=center]

10 Condo sales are pending and awaiting close or lender approval. (Up by 5 condos from May)

[singlepic id=3745 w=500 h=500 float=center]

0 Condos sold in June (Down 4 condos from May)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. There were no sales for condos in June, whoever pending sales doubled to 10 units. Inventory is only 19 units making meaningful interpretation of this market fairly meaningless with such low numbers in this segment of the Martin County condo market.

With 0 sales, the absorption rate for June is nonexistent. Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The June 2012 numbers were: 30 active listings, 8 pending sales and 6 closed sales. Pending sales remain stronger than in 2012, and the inventory is off by 30%. Should see these pending condos translate into sales in the coming months.

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

[singlepic id=3747 w=700 h=700 float=center]

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, June 2013

Palm Cove Golf and Yacht Club July 2013 Market Update

07.24.13 by Gabe Sanders

Palm Cove Golf and Yacht Club July 2013 Market Update

There are currently 23 homes actively listed in Palm Cove Yacht and Golf Cub for July 2013 in Palm City, Florida. List prices range from a low of $243,000 to the highest which is a waterfront home for $2,375,000. The average list price is $625,965 at $176.66 per square foot of living area.

There is only one town home under contract awaiting closing. The list price is $239,00 which equates to $157.96 per square foot of living area.

In the past 12 months, 27 homes have sold in Palm Cove Yacht and Golf Cub with an average sales price of $436,493 at $147.25 per square foot of living area. The lowest sales price was $185,000 while the highest was $1,250,000.

The Palm Cove Golf and Yacht Club in Palm City Florida includes 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multimillion dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory. In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

There’s a magnificent club house located riverside by the marina. Residents enjoy 24 hour security from the manned gated entrance. The Palm Cove Golf and yacht Club is separated into two main sections. Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to palm Cove and is controlled by remote from the main security gate.

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’. Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages. Home owner (HOA) fees vary from section to section. The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping. For a complete list of fees, please give us a call.

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County. Children attend an ‘A’ rated Martin County school system to the following schools: Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions you may have about the palm Cove Yacht and Golf Club in Palm City Florida, 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

Palm Cove Golf and Yacht Club July 2013 Market Update

Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

07.24.13 by Gabe Sanders

Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

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

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

There are currently 31 active listings. ( A decrease of 13 condos from May)

[singlepic id=3748 w=500 h=500 float=center]

24 Condo sales are pending and awaiting close or lender approval. (Unchanged from May)

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7 Condos Sold (Unchanged from May)

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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. No changes for the June numbers for both pending and closed sales while the inventory dropped by close to 25% to only 31 active units. If this low level continues, sales numbers are almost a certainty to drop lower.

The one month absorption rate for the June 2013, Jensen Beach Florida Market Report ZIP Code 34957 is now down to 4.4 months, signifying a shift to a sellers market. A balanced market is considered to be a 6 month absorption rate favoring neither the buyer or seller.

The June 2012 numbers were: 58 active listings, 21 pending sales and 6 condos closed. When the reduced inventory is factored into this activity, this years numbers are much more active.

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

[singlepic id=3751 w=700 h=700 float=center]

Search here for Jensen Beach Real Estate for Sale

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

772-763-8506

Island Dunes Oceanside Condo Unit 305 Sold

Unit 305 in fabulous Island Dunes Oceanside (8880 S Ocean Drive, Jensen beach, FL 34957) is now Sold!

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Hammock Creek August 2013 Market Update

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August 2013 Market Update for The Pines and Windemere in Jensen Beach

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June 2013 Monthly Market Detail St Lucie County Townhouses and Condos

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June 2013 Monthly Market Detail St Lucie County Single Family Homes

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June 2013 Monthly Market Detail Martin County Townhouses and Condos

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June 2013 Monthly Market Detail Martin County Single Family Homes

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June 2013 Monthly Market Detail Florida Townhouses and Condos

5695 SE Matousek St Open House July 28

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

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

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

Palm Cove Golf and Yacht Club July 2013 Market Update

Palm Cove Golf and Yacht Club July 2013 Market Update

Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

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

Jensen Beach Florida Market Report ZIP Code 34957 Condo June 2013

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