Spacious Stuart Town Home Price Reduced

04.08.13 by

Spacious Stuart Town Home Price Reduced

This spacious Stuart town home price reduced in River Pines at 5916 SE Riverboat Drive in River Pines, Stuart, FL .

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

View more information about this wonderful home!

 

 

 

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Stuart Florida Real Estate presented by:
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Spacious Stuart Town Home Price Reduced

April 2013 Market Report The Retreat in Hobe Sound

04.06.13 by

April 2013 Market Report The Retreat in Hobe Sound

For the April 2013 Market Report The Retreat in Hobe Sound there are currently 7 homes on the market, ranging in price from $189,900 to $369,000 for an average of $148 per square foot of living area.

There are 8 homes under contract and awaiting sales.  Listing prices range from $199,000 to $399,900 with an average of $145 per sq. ft. of living area.

In the past 12 months, 16 homes have sold in the Retreat.  Sales prices ranged from a low of $175,000 to a high of $380,000 at an average of $129 per sq. ft. of living area.

April 2013 Market Report The Retreat in Hobe Sound

This is a beautiful DiVosta master planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound.  The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

 April 2013 Market Report The Retreat in Hobe Sound

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second home owner looks forward to in Florida living.  Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts.  Golf course access in right next door at Lost Lake.

 April 2013 Market Report The Retreat in Hobe Sound

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

 April 2013 Market Report The Retreat in Hobe Sound

Currently some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

April 2013 Market Report The Retreat in Hobe Sound

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April 2013 Market Report The Retreat in Hobe Sound


April 2013 Market Report The Soundings Yacht and Tennis Club

04.05.13 by

April 2013 Market Report The Soundings Yacht and Tennis Club

For April, 2013 there are currently 6 active listings in the Soundings Yacht and Tennis Club in Hobe Sound, FL.  List prices range from $349,000 to $839,000 with an average of $244 per square foot of living area.

Five homes are under contract and awaiting settlement.  List prices range from $219,900 to $1,100,000 with an average of $235 per sq. ft. of living area.

In the past 12 months 13 homes have sold in the Soundings.  Sales prices ranged from a low of $190,000 to a high of $1,500,000 for an average of $218 per sq. ft. of living area.

The Soundings in Hobe Sound FL

Conveniently located only minutes from beautiful Jupiter Island Beach, April 2013 Market Report The Soundings Yacht and Tennis Club, Florida is an active planned community bordering both sides of Gomez Avenue in Hobe Sound.  There are a total of 153 home sites in the Soundings with only 2 vacant lots unbuilt at last count.

The Soundings in Hobe Sound FLOn the East side of Gomez, the Soundings homes are mostly waterfront with deep water docks accessing the Intracoastal waterway.  A small marina with additional docks deeded to a few select homes that do not have waterfront locations.  In addition, there is a boat ramp as well as trailer storage for those wishing to keep their boats in dry storage.  In addition, there’s a large community pool, tennis courts and an active fully equipped club house.The Soundings in Hobe Sound FL

Homes in the Soundings Yacht and Tennis Club range from spacious estate homes with Intracoastal views to smaller cottages that are perfect for the occasional seasonal resident or those not requiring large homes but want easy access to the water.

The Soundings in Hobe Sound FL

More information about the Soundings Yacht and Tennis Club can be found on their community web site.

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April 2013 Market Report The Soundings Yacht and Tennis Club

Hidden River Waterfront Home in Palm City Sold

04.04.13 by

Hidden River Waterfront Home in Palm City Sold

Just sold in Palm City, FL by the Gabe Sanders real estate team, to a very happy family making a move to the warm Florida weather after a cold and snowy Maryland winter.Hidden River Waterfront HomeBOATER’S DREAM – Only minutes to the St. Lucie River, this Hidden River waterfront home in Palm City is a boater’s dream come true.

Hidden River Waterfront Home

Where else in Martin County can you find a custom home on a large, elevated waterfront lot with such a scenic view and privacy.Not only is there a dock to accommodate you 40-plus foot boat, there is also a 3-plus-car garage for cars and a workshop.

Hidden River Waterfront Home

The orientation of the home allows scenic views and natural light through the windows and French doors. Inside, the home has many upgrades including its open floor plan, chef’s kitchen, high volume ceilings, wood-burning fireplace and French doors.

Hidden River Waterfront Home

The screened pool and spa is computer controlled for comfort and cleanliness. This home answers your champagne tastes.

Hidden River Waterfront Home

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Hidden River Waterfront Home in Palm City Sold

Palm Cove Golf and Yacht Club April 7 Open House

04.03.13 by

Palm Cove Golf and Yacht Club April 7 Open House

Come and join us on the Realtor Association of Martin County open house at 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, April 7 from 1 to 4 PM.  Stop by as we are also featuring 2 other Palm Cove estate homes on this day as well.

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is listed for $575,000

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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Palm Cove Golf and Yacht Club April 7 Open House

 

Golf Lodges of Ocean Village Under Contract

04.02.13 by

Golf Lodges of Ocean Village Under Contract

406 Southstar Drive is now available for purchase.  This Golf Lodges of Ocean Village Under Contract  and we have suspended showings pending inspections.  Thank you to all the agents that have shown this fine home in the Golf Lodges of ocean Village.

Enjoy resort style living in the Golf Lodges of Ocean Village. An award winning ocean front community on South Hutchinson Island in Fort Pierce. Numerous pools, golf, tennis, fitness room, shuffleboard and daily activities will keep you as busy as you w ant or just relax on the pristine beach in your private lounge chair.

This updated 3 BR and 2 Bath second floor condo comes with a garage as well as ample storage. A spacious screened balcony overlooks the executive golf course. Tiled living area. Accordion hurricane shutters. Newer stainless steel appliances (with warranties). All ages are welcome and the golf lodges are pet friendly. Furnishings are negotiable for anyone wishing to move in and enjoy this Florida lifestyle immediately.

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Golf Lodges of Ocean Village Under Contract

Martin County Florida Condo Market Report for February 2013

03.31.13 by

Martin County Florida Condo Market Report for February 2013

 

Commentary:

The Martin County Florida Condo Market for February 2013 showed some very positive signs.  After disappointing results from much of the fall season, sales numbers for February were up to 66 units.  This is considerably better than last February of 57 and the weak January numbers of 39.  The inventory continues to decline.  Now down to 604 condos (Down 36 from February of 2012).  This is the second month of decreasing inventory after 3 months of increases.  The median sales price dropped to $88,250 for February of 2013 (Was 85,000 in February of 2012).   While the median list price remained unchanged at $179,000.  These numbers are a little misleading as it appears that prices have stabilized in the condo market.  There have been a relatively greater number of lower priced condos sold which is driving the median sales prices down.

The one month absorption rate dipped to 9.15 months from last months 15.6 months, while the three-month average is now at 11.6 months.  Still a challenging market for condo sellers, but there has been a significant improvement in February.  We still need to see a sustained absorption rate below 9 months for a healthy market and down to 6 or 7 months to be considered a balanced one.

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 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.

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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 February 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:

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Martin County Florida Residential Market Report for February 2013

03.30.13 by

Martin County Florida Residential Market Report for February 2013

Commentary:

The Martin County Florida Residential Market Report for February 2013 showed strong sales activity for the month.  Better number of closed sales than in past years.  All with a much lower inventory as well.  In fact, our inventory levels are getting low enough that I expect to see some slowing of sales activity simply because there’s not enough homes for sale.  If this happens, I expect to see a further rise in prices, which has already began.

Average and median sales prices were both up for February.  The inventory of available homes dropped 90 from January.    The one month absorption rate for February 2013 decreased to 7.87 months, while the three-month average rose to 7.68 months.  A 6 month absorption rate is considered to be a balanced market, so we remain in a slight buyers market in Martin County.

Activity is remaining strong for March.  Positive economic news as well as continued low interest rates continue to drive buyers into the market.  We continue to be in a very attractive market for buyers.  Sellers can also expect to see good value in the sale of their homes as compared to the past few years.

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

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 Residential Market Report for February 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:

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Indian River Drive Waterfront Home Sold

03.29.13 by

Indian River Drive Waterfront Home Sold

This Indian River Drive Waterfront Home sold on March 25, 2013 by the Gabe Sanders real estate team.  The happy new owners are now leaving the snow covered hills of Maine for the warm climate of Florida’s Treasure Coast to a gorgeous new setting overlooking the Indian River lagoon in Fort Pierce, FL.

Indian River Drive Perfection!  A Mid Century Concrete Block classic, offers 138 ft. of water frontage and 438 ft. of depth.

High elevation and a private dock with a boat lift completes this very affordable ocean access Intracoastal residence.
The three bedrooms, local artisan stone wood burning fireplace, along with the full sized game room, connected by double french doors, make this a must see home. The modern kitchen with solid cherry,self closing cabinets, is enhanced by the Arcobaleno Quartzite counter tops. Stainless steel appliances with a pass-thru window to the game room/family room is perfect for entertaining.

All rooms have million-dollar views of the world-renowned Indian River.

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Indian River Drive Waterfront Home Sold

March 2013 Market Report for Lost River Plantation Homes in Stuart, FL

03.28.13 by

March 2013 Market Report for Lost River Plantation Homes in Stuart, FL

As of March 2013, there are 3 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $599,000 to $654,564 for an average price per sq. ft. of $213.78.

There are four homes under contract ranging in price from $550,508 to $659,900 for an average of $216.48 per sq. ft. of living area.  All four are conventional sales and two of these are new homes built by Kolter homes.

In the past 12 months, there have been six sales ranging in sales prices from $405,000 to $600,000 for an average sales price of $184.65 per sq. ft. of living area.

 Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep draft ocean going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen and social rooms.  For those wishing to commute to pints north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and  quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

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March 2013 Market Report for Lost River Plantation Homes in Stuart, FL

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2013

03.27.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2013

 

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

 

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

 

There are currently 18 active condo listings. (Down by 1 condo from January)

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9 Condo sales are pending and awaiting close or lender approval. (Increased by 1 condo from January)

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  4 Condos sold in February (Unchanged from January)

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The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With a significant further decrease in inventory, I don’t see any meaningful market activity coming from this segment in the spring.  For February, good strong closed and pending activity when considering only 18 available condos for sale in this market segment.

The one month absorption rate is down to 4.5 months, signifying a seller’s market.  Generally, a 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.  If you’re a Hobe Sound condo owner and thinking of selling.  This is your strongest market in over 7 years.

The February 2012 numbers were:  32 active listings, 4 pending sales and 1 closed sales.  The Hobe Sound condo market activity for February of 2013 was far superior to the same month last year.



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Hobe Sound Florida Market Report ZIP Code 33455 – Condo, February 2013

 

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, February 2013

03.26.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, February 2013

 

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

 

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

There are currently 244 active listings. ( A decrease of 18 homes from January)

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109 Residential sales are pending and awaiting close or lender approval (An increase of 13 homes from January)

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28 Homes Sold in February (Unchanged from last month)

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After a slower start in January for the Hobe Sound residential real estate market (zip code 33455) of Martin County, February market activity picked up a bit.  Closed sales remained steady and pending sales increased.  For the second month, inventory continues to decline in Hobe Sound.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 8.7 months.  Still a slight buyer’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for February 2012 were:  342 active listings, 102 pending sales and 31 closed sales.   Considering the reduced inventory as compared to 2012, the Hobe Sound real estate market remains very strong and active.

 

Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound, FL Real Estate

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, February 2013

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2013

03.25.13 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2013

 

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

 

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

There are currently 60 active listings. ( A decrease of 6 condos from January)

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31 Condo sales are pending and awaiting close or lender approval. (Up by 4 condos from January)

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9 Condos Sold (Increased by 4 condos from January)

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The Jensen Beach Condo market (zip code 34957) is a fairly small segment of the Martin County condo market.  The small inventory gained for the past three months but decreased in February.   Closed and pending sales both showed improvements for February.   It appears that we are on track to have an active condo market in the Jensen Beach area of Martin County.

The one month absorption rate for the February 2013, Jensen Beach Florida Market Report ZIP Code 34957 is 6.7 months.   Typically, a 6 month absorption rate is considered balanced, favoring neither the buyer or seller.

The February 2012 numbers were: 68 active listings, 21 pending sales and 2 condos closed.  Similar to last year’s activity,  but with some improved sales and pending activity.


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Jensen Beach Florida Market Report ZIP Code 34957 – Condo, February 2013

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, February 2013

03.24.13 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, February 2013

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

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

 

 There are currently 103 active listings. (Down by 19 homes from last month)

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87 Residential sales are pending and awaiting close or lender approval. (Up 21 homes from January)

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17 Homes Sold (Up by 3 homes from January)

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The Jensen Beach residential real estate market, zip code 34957 for February rebounded from a slower January with increased sales and pending sales.   The current inventory is now down to very low levels and unless we have more available homes, I expect numbers to decline once the sizable number of pending sales close.  For the immediate future, there should be excellent sales activity as the pending sales close.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 6.1 months, a balanced market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The February 2012 numbers were: 155 active listings, 91 pending sales and 16 home sales closed.  Considering a 50% reduction in inventory, and better pending and closed numbers, the Jensen Beach real estate market is doing very well.

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Jensen Beach, FL Real Estate

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, February 2013

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2013

03.23.13 by

Palm City Florida Market Report ZIP Code 34990 – Condo, February 2013

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

 

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



There are currently 69 active condo listings. (No change from January)

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7 Condo sales are pending and awaiting close or lender approval. (Down 1 condo from last month)

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4 Condos Sold in February. (Up by 1 condo from January)

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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.  For February, the Palm City condo market activity had no change in inventory and one less pending sale and one greater closed sale.
 
The current absorption rate for condos in the 34990 zip code area is 17.3 months.  A very strong buyers’ market, as a balanced market is considered to be an absorption rate of around 6 months.
 
The February 2012 numbers were: 71 active listings, 1 pending sales and 5 closed sales.   Close comparison to last year, with the exception of the increased pending activity this year.

 

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Palm City Florida Real Estate presented by:
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Palm City Florida Market Report ZIP Code 34990 – Condo, February 2013

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2013

03.21.13 by

Palm City Florida Market Report ZIP Code 34990 – Residential, February 2013

 

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

 

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


There are currently 408 active listings (A decrease of 3 homes from January)

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201 Residential sales are pending and awaiting close or lender approval. (An increase of 25 homes from last month)

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34 Homes Sold in February (Decreased by 5 homes from January)

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For the Palm City, zip code 34990, area of Martin County Florida the residential market activity shows promise for a strong spring.  Sales were off for the second month (slightly) representing the reduced traffic during the holidays.  Pending sales are up again and show good activity potential for the next few months.  The inventory went down just by a small amount, though still significantly lower than in the past few years.

The current absorption rate stands at 12.1 months.  This rate still signifies a buyer’s market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2012 numbers were:  482 active listings, 176 pending sales and 49 closed sales.  Compared to last year, we have some better pending activity, yet fewer closed sales.

 

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Palm City Florida Market Report ZIP Code 34990 – Residential, February 2013

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

03.20.13 by

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

As of March 15, 2013 there are 3 available homes in the Ocean bay Villas community on Hutchinson Island, FL.  List prices are from $300,000 to $550,000.

There are two sales pending.  List prices are $320,000 and $239,000 with the lower priced one being a short sale.

There have been 5 closed sales in the past 12 months.  Sales prices ranged from $225,000 to $399,000.   Two of these sales were short sales, 1 bank owned and 2 conventional sales.

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

Ocean Bay Villas on Hutchinson Island is an exclusive private enclave for only 78 owners located beautiful and unspoiled Hutchinson Island in Saint Lucie County on Florida’s Treasure Coast.  All villas in Ocean Bay feature three story luxury town home style residences with elevators and modern updated interiors.

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

There are three different home plans; The Azalea with 3 Bedrooms, 3 & 1/2 Baths and Den in 2171 sq. ft. of living area. The Beachberry which has 3 Bedrooms, 3 Baths, Den and Office in 2,327 sq. ft. of living area.  And, the Cocoplum with with 3 Bedrooms, 3 & 1/2 Baths and Den in 2,579 sq. ft. of living area

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

All models have two car garages, 9 and 10 foot ceilings. This gated Ocean Side community features an entertainment clubhouse, fitness center, community pool and spa.  A true resort style lifestyle that can be yours everyday.

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March 2013 Market Report for Ocean Bay Villas on Hutchinson Island

Sandpebble Oceanfront Condo Under Contract

03.19.13 by

Sandpebble Oceanfront Condo Under Contract


This Sandpebble Oceanfront Condo Under Contract: 2491 NE Ocean Blvd – Suite 401 in Sandpebble on Hutchinson Island in Stuart, FL.  is now under contract.  Thanks to all the agents that have shown this great unit.

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble at 2491 NE Ocean Blvd. Suite 401

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Enjoy sweeping Ocean to River views in this top floor North East corner unit that has been totally and extensively renovated for the most discerning buyer. . Imported Italian porcelain tile, granite counter tops, custom walnut wood work throughout, crown moldings, Jacuzzi tub and much more. This spacious unit offers a large open plan and is not your cookie cutter island condo. Enjoy two separate balconies, under building parking, extra storage locker. This is a gated community that spans from the Ocean to the River with docks available for lease (check availability), 5 pools, hot tubs, tennis courts and a fully equipped club house with kitchen available for private functions. Private ocean access. Elevator in building. 1 small pet is allowed.

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Sandpebble Oceanfront Condo Under Contract

Stuart Florida Market Report ZIP Code 34997 – Condo, February 2013

03.18.13 by

Stuart Florida Market Report ZIP Code 34997 – Condo, February 2013

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

 

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

 

There are currently 102 active condo listings (A decrease of 4 condos form January).

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36 Condo sales are pending and awaiting close or lender approval (Up 14 from January).

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8 Condos Sold in February (An increase of 5 condos from January).

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After a fairly slow start to 2013 the Stuart condo market for the area in ZIP code 34997 showed a strong February.  Sales increased by 5 units.  Pending sales took a significant rise. While the inventory decreased resulting in less available condos for sale.  This should result in some added activity for this segment of the market in the coming months.

The one month absorption rate decreased to 12.8 months.  This is still a buyers market for the Stuart Florida Market Report ZIP Code 34997.  Typically, a 6 month absorption rate signifies a balanced market that favors neither the buyer nor the seller. 

The February 2012 numbers were: 112 active listings, 34 pending sales and 8 closed sales.  Very similar results year to year for February.

 

 

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

 

 

Stuart Florida Market Report ZIP Code 34997 – Residential, February 2013

03.17.13 by

Stuart Florida Market Report ZIP Code 34997 – Residential, February 2013

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

 

There are currently 332 active listings (A decrease of 29 homes from January).

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243 Residential sales are pending and awaiting close or lender approval (An increase of 53 homes from January).

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47 Homes Sold in February (Down 7 homes from January)

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For February 2013, the Stuart Florida Market Report ZIP Code 34997 the closed sales were off marginally, but an impressive number of pending sales which should result in a stronger sold homes report in the next few months.  With the big increase in pending sales, the active inventory of available homes decreased significantly this month.
 
The current one month absorption rate climbed to 7.7 months which indicates a buyers market for the 34997 Stuart zip code real estate market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2012 numbers were: 471 active listings, 242 pending listings and 60 closed sales.  Even with over 100 fewer available homes on the market this year, pending sales remained as strong as last year.
 
 

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Stuart Florida Market Report ZIP Code 34997 – Residential, February 2013