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

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 Florida Market Report ZIP Code 34957 – Residential, February 2013

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

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 Market Report ZIP Code 34990 – Condo, February 2013

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

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

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

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

More Pictures and Information

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

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

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

Search for Martin County Homes By High School Districts

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Stuart Florida Market Report ZIP Code 34996 – Condo, February 2013

Stuart Florida Market Report ZIP Code 34996 – Condo, February 2013

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

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

There are currently 199 active condo listings (Down 19 from last month).

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62 Condo sales are pending and awaiting close or lender approval (An increase of 8 condos from January).

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20 Condos Sold in February (Up by 7 from January)

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The Stuart Florida Market Report ZIP Code 34996 for Condos showed some increased activity.  And, after 3 months of increased inventory, it stopped this month and went down by 19.  Pending and sold activity were both up for February.  Quite surprising that the inventory dropped with this strong activity.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is 10 months.  Still indicating a buyers’ market.  A balanced market is considered to occur when the absorption rate is 6 months.

The numbers for February 2012 were: 207 active listings, 43 pending sales and 13 closed sales.  Even with a slightly lower active inventory for 2013, we’re still generating better activity than last year.

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Stuart Florida Market Report ZIP Code 34996 – Condo, February 2013

Stuart Florida Market Report ZIP Code 34996 – Residential, February 2013

Stuart Florida Market Report ZIP Code 34996 – Residential, February 2013

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

 

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

There are currently 179 active listings (Decreased by 1 home from January).

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47 Residential sales are pending and awaiting close or lender approval (Increased by 24 from January).

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5 Homes Sold in February (Down 4 homes from January).

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In the 34996 zip code area of Stuart Florida real estate market activity for February 2013 the most glaring change is more than a 50% jump in pending sales.  Sales were off for the month, reflecting the reduced activity from the holiday season.  Inventory remained unchanged and is now getting quite low if all the pending sales close in the next few months.

The one month absorption rate for the 34996 zip code area of Stuart Florida for February jumped to 36 months, which represents a strong buyer’s market.  This figure should be dropping as the pending sales close in the coming months. A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for February of 2012 were: 183 active listings, 35 pending sales and 8 closed sales.  Very similar numbers from last year to this year.

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Stuart Florida Market Report ZIP Code 34996 – Residential, February 2013

New Price on Spacious Palm Cove Estate Home

New Price on Spacious Palm Cove Estate Home

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is now offered at $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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Stuart Florida Market Report ZIP Code 34994 – Condo, February 2013

Stuart Florida Market Report ZIP Code 34994 – Condo, February 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for February 2013

For February, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 134 active condo listings (A drop of 24 condos from January).

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50 Condo sales are pending and awaiting close or lender approval. (Up 9 condos from last month)

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19 Condos Sold in February (An increase of 4 condos from January).

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Another strong month for the Stuart Condo market for zip code 34994.   Both pending and closed sales increased from January.  Unfortunately the inventory decreased by a fairly large amount.

The one month absorption rate dropped to 7 months, which still signifies a buyers market, although only a slight one.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last February the numbers were 134 active listings, 43 pending sales, and 7 closed sales.  Considerably better numbers for this year with a similar inventory. 

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Stuart Florida Market Report ZIP Code 34994 – Condo, February 2013

Search for Martin County Homes By Middle School Districts

Search for Martin County Homes By Middle School Districts

Listed below are the various Martin County Middle Schools along with a search of homes covering that particular school district.  Please double check with the Martin County School System as to the accuracy of the information provided on this page.

Martin County Middle Schools

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Stuart Florida Market Report ZIP Code 34994 – Residential, February 2013

Stuart Florida Market Report ZIP Code 34994 – Residential, February 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2013

For February, 2013 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 76 active listings (Up 12 from January).

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23 Residential sales are pending and awaiting close or lender approval (Down 8 from January).

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10 Homes Sold in January (Up 5 homes from January)

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The 34994 ZIP code area of the Stuart, Florida real estate market had a nice jump in sales in February, but also a disappointing drop in pending sales.  Inventory rose by 12 homes, but is still quite low which is impacting the sales for this segment of the Stuart, FL real estate market.

The one month absorption rate for the 34994 zip code for February dropped to 7.6 months. which signifies a slight buyers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2012 numbers were 78 Active Listings, 43 pending sales and 7 closed sales.  Our pending sales for this year are almost half of last year’s, while other indicators are fairly close.  Not a good indication for the spring for the 3994 zip code area of Stuart.

 

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Stuart Florida Market Report ZIP Code 34994 – Residential, February 2013

Sewalls Point Residential Market Report February 2013

Sewalls Point Residential Market Report February 2013

Sewalls Point Real Estate Snapshot, Residential Sales for February 2013

 

There are currently 55 active listings (an increase of 6 home for sale from January)

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17 Residential sales are pending and awaiting close or lender approval (an increase of 10 homes from January)

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2 Homes sold in January (Unchanged from January)

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February was the second month in a row of slow sales in the Sewalls Point real estate market in Stuart, FL.  But it appears that this may be the end of this trend as pending sales more than doubled to 17 homes and the inventory came back to approximately normal levels after some historically low numbers.

The absorption rate now stands at 27.5 months.  This is a strong buyers market again.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to February of 2012, the inventory was 66 homes homes on the market, 9 pending sales and there was only 3 closed sales.  Similar sales from last year, but much better pending sales, portending increased sales for the next few months.

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Sewalls Point Market Report – Residential, February 2013

 

Search for Martin County Homes By Elementary School Districts

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Listed below are the various Martin County Elementary Schools along with a search of homes covering that particular school district.  Please double check with the Martin County School System as to the accuracy of the information provided on this page.

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Port Saint Lucie Pool Home Sold

Port Saint Lucie Pool Home Sold

Just sold at 98% of list price in Port saint Lucie.

1622 SE Berkshire Blvd., Port Saint Lucie, FL 34952

East Port Saint Lucie Pool Home

Great open spaces in this 4 Bedroom, 3 Bathroom, heated and screened pool home in East Port saint Lucie. Rare over 1/2 Acre lot on canal (non-navigable) with lots of room for gardens, parking or just to enjoy that private feeling with lots of room between you and your neighbors. A large eat in kitchen is the center piece of this home with a bright family room with skylights and a formal living and dining areas. Master suite has walk in closet and dual vanities with separate tub and shower. This 1999 built home is solid CBS construction and has accordion hurricane shutters. Easy access to Jensen Beach and the beaches via the Green River Parkway and close to the Port Saint Lucie Civic Center as well as restaurants, shopping and medical facilities.

East Port Saint Lucie Pool Home

Additional pictures and info on 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

Download a brochure for 1622 SE Berkshire Blvd.

East Port Saint Lucie Pool Home

East Port Saint Lucie Pool Home

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Port Saint Lucie Pool Home Sold

March 2013 Market Update for Island Dunes Condos on Hutchinson Island

March 2013 Market Update for Island Dunes Condos on Hutchinson Island

March 2013 Market Update for Island Dunes Condos on Hutchinson Island in Jensen Beach, FL

There are currently 42 active listings on the market at prices ranging from $170,000 to$1,595,000 for an average of $227.63 per square ft. of living area.

There are 11 condos under contract awaiting closing listed from $249,000 to 685,000 at an average cost per square ft. of living area of $221.71

In the past 12 months, 23 condos have sold ranging in sales prices from $155,000 to $700,000 with an average price per square foot of $194.34

 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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March 2013 Market Update for Island Dunes Condos on Hutchinson Island

Palm Cove Golf and Yacht Club Town Home Now Available for Rent

Palm Cove Golf and Yacht Club Town Home Now Available for Rent

This Palm Cove Golf and Yacht Club Town Home now available for rent in this prestigious Palm City, Florida Golf and Yachting community.  Annual furnished lease of $2,400 per month or $2,200 per month unfurnished.

Palm Cove Golf and Yacht Club Town Home

Palm Cove Golf and Yacht Club Town Home

A wonderful Palm City town home featuring 3 spacious bedrooms (with two master suites — one up one down — with water views), loft area which can easily be converted into a 4th bedroom, 3 and ½ bathrooms and a 2 car garage. The kitchen, with granite counters, has a breakfast bar and roomy pantry. The second floor master has a balcony with sweeping preserve and river views. A very spacious home with soaring ceilings in the living area. This Palm Cove residence has access to community docks (check availability) a non-equity professional golf course and a full featured club house with community pool. HOA fees include Storm and Property Insurance and security. Conveniently located close to shopping, restaurants and Florida’s Turnpike.

Palm Cove Golf and Yacht Club Town Home

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.

Palm Cove Golf and Yacht Club Town Home

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.

 

 

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Palm Cove Golf and Yacht Club Town Home Now Available for Rent


March 2013 Market Update for Ocean House in Indian River Plantation

March 2013 Market Update for Ocean House in Indian River Plantation

March 2013 Market Update for Ocean House Condos in Indian River Plantation, Hutchinson Island in Stuart, FL

Currently 2 active listings on the market at prices of $514,900 and $574,000 for an average of $357.16 per square ft. of living area.

There is 1 condo under contract awaiting closing listed for $509,000 at a cost per square ft. of living area of $379.85

In the past 12 months, 3 condos have sold ranging in sales prices from $340,000 to $575,000 with an average price per square foot of $317.90

One of the newest buildings in Indian River Plantation, Ocean House, is also the most magnificent.  Consisting of 79 Luxury Condo units of either 2 or 3 spacious bedrooms with amenities galore.  All suites have Ocean views, even the first floor units, which are in actuality the equivalent of being on the third floor as there are two parking levels for residents to enjoy covered parking.

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Ocean House has a newly renovated club house area featuring an updated kitchen with granite counter tops and stainless steel appliances.  Two flat screen televisions and free wi-fi for those that need connectivity.

A heated pool and lanai area that’s perfect for lounging close to the beach, or walk down your private access to enjoy the crystal blue waters of your private Atlantic ocean beach.

Barbecue area with a Tiki Hut for those nights that you want to eat out under the stars.

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Ocean front to River front and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

March 2013 Market Update for Ocean House in Indian River Plantation

Hutchinson Island Condos For Sale

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

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