Stuart Florida Market Report ZIP Code 34994 – Residential, November 2012

12.11.12 by

Stuart Florida Market Report ZIP Code 34994 – Residential, November 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2012

For November, 2012 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 71 active listings (Up 4 from October).

[singlepic id=3069 w=600 h=600 float=center]

[singlepic id=3070 w=600 h=600 float=center]

 

35 Residential sales are pending and awaiting close or lender approval (Up 3 from October).

[singlepic id=3071 w=600 h=600 float=center]

 

4 Homes Sold in November (Down 5 homes from October)

[singlepic id=3072 w=600 h=600 float=center]

[singlepic id=3073 w=600 h=600 float=center]

[singlepic id=3074 w=600 h=600 float=center]

[singlepic id=3075 w=600 h=600 float=center]

The 34994 ZIP code area of the Stuart, Florida real estate market activity has cooled slightly after a very strong spring.   Inventory has crept up again for the second month in a row which makes more homes available for buyers.  Pending sales rose slightly while closed sales were off to only 4 homes sold.

The one month absorption rate for this zip code plunged to almost 18 months, which signifies a shift to a strong buyers market, after many months of under 6 month rates (sellers market).  I think this is more an indication of the holiday slow down as opposed to any major shift in the market.

The November 2011 numbers were 79 Active Listings, 32 pending sales and 11 closed sales.

 

Search here for Stuart Florida Real Estate for Sale

 

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

 

Stuart, FL Real Estate

Rental Properties

Condominium Properties

Vacant Land Properties

Commercial Properties

Residential Properties

 

Stuart Florida Market Report ZIP Code 34994 – Residential, November 2012

Hammock Creek December 2012 Market Update

12.11.12 by

Hammock Creek December 2012 Market Update

There are currently 23 homes actively listed in Hammock Creek for December, 2012 in Palm City, Florida.  The average list price is $417,447 at $144.40 per square foot of living area.

There are 5 homes under contract awaiting closing.  One is a short sale.  The average list price is $391,780 at $138.45 per square foot of living area.

In the past 12 months, 39 homes have sold in Hammock Creek with an average sales price of $378,907 at $124.00 per square foot of living area.  Five of these sales were short sales and four were bank owned homes.

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 December 2012 Market Update

For any questions you may have about Hammock Creek December 2012 Market Update, 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

Hammock Creek December 2012 Market Update

Sewalls Point Residential Market Report November 2012

12.10.12 by

Sewalls Point Residential Market Report November 2012

Sewalls Point Real Estate Snapshot, Residential Sales for November 2012

There are currently 41 active listings (a decrease of 6 home for sale from October)

[singlepic id=3090 w=600 h=600 float=center]

[singlepic id=3091 w=600 h=600 float=center]

10 Residential sales are pending and awaiting close or lender approval (a decrease of 7 homes from October)

[singlepic id=3092 w=600 h=600 float=center]

8 Homes sold in October (Up 1 from October)

[singlepic id=3093 w=600 h=600 float=center]

[singlepic id=3094 w=600 h=600 float=center]

[singlepic id=3095 w=600 h=600 float=center]

[singlepic id=3096 w=600 h=600 float=center]

 

Continued strong activity for the Sewalls Point market report for November 2012.  A very good month for sales with 8 closings.  Pending sales were off  (by 7 homes) while the inventory is now down to 41 homes.  This is getting to be pretty slim for Sewalls Point.

The absorption rate now stands at 5.1 months.  This is an indication of a transition into a slight sellers market.  Where a seller has an advantage over the buyer because of the low supply and high demand.  A balanced market is considered to be when the absorption rate is 6 months.

Comparing the results to November of 2011, the inventory was at 49 homes homes on the market last year, pending sales numbered only 13 homes, and there was only 3 sale.

Search here for Sewalls Point Florida Real Estate for Sale

Search for Martin County Real Estate


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

 

Sewalls Point, FL Real Estate

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Market Report – Residential, November 2012

Snug Harbor Stuart FL

12.09.12 by

Snug Harbor Stuart FL

December 2012 Market Update for Snug Harbor Stuart FL:

There are 7 homes currently for sale in Snug Harbor Stuart FL.  Listing prices range from $695,000 to $2,550,000. (3 wide waterfront homes and 4 homes with marina access)

There are currently no homes under contract or pending.

2 homes have sold in the past 12 months.  Ranging in sales price from $360,000 to $967,250.  Neither of these homes were waterfront.

Located on the wide Saint Lucie River just east of the city of Stuart Florida is the unique subdivision of Snug Harbor. While the real estate market on the Treasure Coast has it’s problems, Snug Harbor remains a desirable community as recent sales can show.

Snug Harbor was the vision of a group of 10 Yachtsmen, many former Commodores of the Chicago Yacht Club back in 1943. They bought the land and platted the area in September 1944 as well as forming the Snug Harbor Corporation, which controlled the ownership of the lots.

Snug Harbor

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established under the name of the Snug Harbor Yacht Club. With both waterfront and non-waterfront homes and estates, located just minutes away from the ocean by boat or car and also convenient to downtown Stuart, offices, restaurants and recreational areas.

Snug Harbor is one of the finest communities in Martin County. There are only 72 home sites with a club house, deep water marina, boat ramp, trailer parking and tennis courts. There is an active association with social activities year round that make this community a very attractive place to call home.

Please feel free to contact Gabe Sanders (772-323-6996), a Snug Harbor resident and board member, if you would like any information about this wonderful community.

 

 

Search here for:

Snug Harbor Homes for Sale

Snug Harbor Stuart FL

East Port Saint Lucie Pool Home Just Listed

12.08.12 by

East Port Saint Lucie Pool Home Just Listed

Rarely available: A 4 bedroom, 3 bathroom, screened pool home in East Port Saint Lucie on a large waterfront (non-navigable) lot for the ultimate in privacy, yet close to all amenities.

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

Search here for:

Port Saint Lucie Homes for Sale

Port Saint Lucie, Real Estate presented for your consideration by:
the Gabe Sanders real estate team

View Our Featured Listings!

 


East Port Saint Lucie Pool Home Just Listed

Stuart Florida Christmas Parade 2012

12.07.12 by

Stuart Florida Christmas Parade 2012

For 2012, it’s the 52’nd annual Stuart Florida Christmas parade in downtown Stuart on Friday, December 7 starting at 7 PM.  We’re anticipating nice balmy weather so bring your chairs and maybe a sweater and pick your favorite spot on East Ocean Blvd to watch the much anticipated annual parade.

This year’s theme for the Christmas parade is “Christmas by the Sea”.  Look for the almost 50 floats to be pulled by dolphins and fish instead of the traditional reindeer.

There will be two prizes for the float most adhering to the theme (one for floats over 30 feet and one for under), best use of lights and music (again two awards based on the best float over 30′ and one for under) and the big prize know as the Stuart Main Street’s Choice award.

Along with the floats, will be marching bands, baton twirlers, firetrucks and a slew of local dignitaries.

We expect all age groups to flock to their favorite holiday parade to get into the Christmas spirit.

The spirit and contributions of the organizers and founders of this parade only add to the uniqueness of this long-standing tradition. Planned, supported, and celebrated by the Martin County Community the Christmas Parade in Downtown Stuart this Friday is a local tradition not meant to be missed.

Included pictures are from the 2011 Stuart Christmas Parade

Stuart Florida Christmas Parade 2012

Holly Creek November 2012 Market Update

12.07.12 by

Holly Creek November 2012 Market Update

As of December 1, 2012 there are only two homes for sale in Holly Creek. One town home, and one single family.
There are no homes currently under contract awaiting close.
In the past 12 months, 15 homes and town homes have sold in Holly Creek.
Holly Creek Home Sales

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.

Search for Holly Creek Homes and Town Homes for Sale

the Gabe Sanders real estate team Stuart Florida Real Estate

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

 

Holly Creek November 2012 Market Update

Port Salerno Condo in Stuart Under Contract

12.06.12 by

Port Salerno Condo in Stuart Under Contract

This Port Salerno Condo in Stuart is now Under Contract.

There are only 20 units in the Port Manatee Condo Association.  This Port Salerno Condo with 40′ dock is an end unit on the first floor.  All ages welcome and one small pet is permitted.

Port Manatee Condo in Rocky Point

Looking for a full time home or just a getaway? Are you a boater or fisherman? This is the perfect place for you. Spacious first floor, 2 BR, 2 BA condo in the Manatee Pocket with a deeded 40′ dock (water and electric). Only minutes to the crystal clear waters of the Atlantic Ocean to fish, or to take a quick trip over to the Bahamas. This condo features reasonable fees, spacious grounds with a large community pool overlooking ‘the pocket’, and a free laundry room. Freshly painted and brand new carpets. Light and bright Florida room with water views. One small pet (under 25 lbs.) allowed. Great location, only minutes to the beaches, shopping restaurants and all the amenities that Martin County has to offer. Call for more information.

Port Manatee Condo in Rocky Point

Port Manatee Condo in Rocky Point

 

More Information and Pictures for this Port Salerno Condo with Deeded Dock

Search for all Condos in Rocky Point, Stuart
Search the Martin County MLS

View all of our listings

Rocky Point Florida Real Estate is presented by:
the Gabe Sanders real estate team

Port Salerno Condo in Stuart Under Contract

Emerald Lakes Home in Stuart Under Contract

12.05.12 by

Emerald Lakes Home in Stuart Under Contract

An excellent opportunity in one of Stuart’s premier communities!  4301 SE Scotland Cay Way is now under contract.

the Villas of Emeraldd Lakes

the Villas of Emeraldd Lakes

Move in to this charming 3 Bedroom, 2 Bath with 2 car garage tomorrow. Spacious open plan with eat in kitchen and split bedrooms. Solid CBS construction with barrel tile roof and accordion hurricane shutters throughout. Cul-de-sac location with quiet and private yard. Screened patio. This gated community features community pools, tennis courts and beautiful Emerald lakes. Located close to shopping, restaurants, medical facilities and the marinas of Manatee pocket in Stuart. Easy access to I-95 for commuters as well. Low HOA fees include landscaping. An ideal winter getaway with minimal maintenance required or the perfect full time home to enjoy your carefree Florida lifestyle. All ages are welcome and this is a pet friendly community.

the Villas of Emeraldd Lakes

the Villas of Emeraldd Lakesthe Villas of Emeraldd Lakes

 

 

Search here for all Homes and Town Homes in Emerald Lakes

Search for Homes

View all of our Listings

 

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

Emerald Lakes Home in Stuart Under Contract


Island Dunes Oceanside Condo in Jensen Beach Sold

12.04.12 by

Island Dunes Oceanside Condo in Jensen Beach Sold

Unit 304 in fabulous Island Dunes Oceanside (8800 S Ocean Drive, Jensen beach, FL 34957) has sold!

Looking for an updated condo with direct ocean views?  This condo has a beautifully updated kitchen with granite counters, new appliances, large tile floors throughout, crown molding, knock down textured ceiling and custom window treatments.

This well maintained condo is being sold fully furnished.  Resort style community with an updated formal lobby, social rooms and fully equipped exercise room and billiard rm.  The grand pool area includes 2 lg. Lap pools on the ocean and one on the river.

24hr manned security and includes the Island Dunes golf and tennis c/c membership with no greens fees for owners.  Riverfront restaurant and boat slips avail and sold separately.  Don’t miss this one!

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.

 Search for all Island Dunes Condos on Hutchinson Island in Stuart Florida

 

View all of our listings

Hutchinson Island Florida Real Estate is presented by:
the Gabe Sanders real estate team

Jensen Beach Golf and Country Club November 2012 Update

12.03.12 by

Jensen Beach Golf and Country Club November Update

There are currently 10 homes and villas available for sale in the Jensen Beach Golf and Country Club.
List prices between $184,00 and $339,900

12 homes are under contract awaiting the final sale. ( no short sales or ban owned properties – all conventional sales.)

In the past 12 months, 41 homes have sold.  Only one short sale and two bank owned (foreclosure) homes.
The average price per square foot was  $140.64 with 95% sales to list price

 The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast.  There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders.   Homes began to be constructed in 2000 and new homes continue to be built to order, with a limited number of spec homes available from D.R. Horton and Renar Homes.  Previous builders included WCI Communities and Engle Homes.

The Jensen beach Golf and Country Club is home to the Eagle Marsh Golf Course.   This is apublic course and all are welcome to play.  Inexpensive membership plans are available along with dining facilities, a snack bar and a pro shop.  More information about the Eagle Marsh Golf Club can be found on their web site.

Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two story pool homes of just over 2500 square feet with 3 car garages.  In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

All of these amenities come at an incredibly attractive HOA fee of around $225 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach, only across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean.  Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available re-sale homes in the Jensen Beach Golf and Country Club

For new home sales from either D.R. Horton or Renar Homes please call 772-323-6996 to arrange a private appointment with a new home specialist.

For any questions you may have about the Jensen Beach Golf and Country Club, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Jensen Beach Golf and Country Club November 2012 Update

Harbour Pointe Palm City

12.02.12 by

Harbour Pointe Palm City

November 2012 Market Update:

There are only 3 properties currently for sale in Harbour Pointe Palm City, Florida.  Asking prices from $359,900 to $429,900 with an average asking price of $149.00 per square foot of living area.

As of this writing there are no homes under contract.

12 Homes have sold in Harbour Pointe in the past 12 months. Sales prices were from $195,000 (short sale) to $460,000.  The average sales price was $301,000 at $122.20 per square foot of living area.

Harbour Pointe Palm City FL

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

Harbour Pointe is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL Harbour Pointe Palm City FL

 Currently Available Homes and Town Homes in Harbour Pointe

Search the Martin County MLS

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City

 

Affordable Palm City Home Just Sold

12.02.12 by

Affordable Palm City Home Just Sold

Another successful short sale by the Gabe Sanders real estate team!  Closed in 90 days with a waiver of all deficiencies for the seller.

Granada in Palm City Florida

An affordable Palm City Home Just Listed that features 3 bedrooms in a split plan, 2 bathrooms and a 2 car garage. Solid concrete construction with a newer metal roof. Flexible open floor plan with lots of possibilities. The master suite has a walk in closet. Washer and Dryer included in the inside utility room. Private backyard with a large covered and screened patio. Hurricane shutters. This home in the Granada subdivision of Palm City which boasts low HOA fees as well as a gated RV/Boat storage area for the exclusive use of residents. Conveniently located close to shopping, restaurants and the many waterways that Martin County has to offer. Also in an ‘A’ rated school district.

Granada in Palm City Florida

The Granada subdivision of Palm City Florida is a small established community of 44 homes with the entrance off of Pine Tree Lane to Vizcaya Circle.  Homes in Granada were built in the mid to late 1980’s and consist of both frame and concrete homes.  Mostly consisting of modest sized 3 Bedroom homes in the 1,600 to 2,000 square feet of living area range.

Granada in Palm City Florida

There is the valuable asset of a gated RV/Trailer lot that is available to residents of Granada.  Very low HOA fees of $185.00 per quarter which includes basic cable, trash pickup and maintenance of the common areas and storage lot.Granada in Palm City Florida

Well located in Martin County’s ‘A’ rated school district (Currently assigned to Bessey Creek elementary school, Hidden Oaks middle school and Martin County high school) and close to shopping, restaurants as well as the numerous water ways of Martin County, Florida.

An affordable family neighborhood for those wishing to take advantage of the amenities that Martin County has to offer.

 

Search here for all Palm City Homes under $200,000

Search for Homes

View all of our Listings

 

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

Affordable Palm City Home Just Sold

Stuart Condo in Fabulous Location Just Listed

12.01.12 by

Stuart Condo in Fabulous Location Just Listed

2600 SE Ocean Blvd. Suite KK- 10 has just been placed on the market and is available for immediate occupancy.

Vista Pines in Stuart FL

Spacious 2’nd floor 1 BR 1 and 1/2 Bath condo in Vista Pines. Community features include a 60′ heated pool, shuffleboard, barbecue area, and large clubhouse with billiards, wood working shop, library, dance hall, and exercise facility. Quiet location yet close to front gate. Within walking distance of medical facilities, stores, restaurants, banks and more. Just a short ride to downtown or the beaches; the ‘perfect location’! Make this your full-time home or just come down to escape those cold north ern winters. This is a 55+ community.
It is currently a very attractive time to consider buying a Condo in Vista Pines or the surrounding Martin County communities, as prices have returned to pre 2003 levels and with low-interest rates, these Sunshine State condos are ready for those wishing to move here full time or looking for an affordable winter home.

Vista Pines in Stuart FL

Vista Pines in Stuart FL

Search for all Vista Pines Condos for Sale

Cedar Pointe Condos for Sale

View Our Featured Listings!

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

Stuart Condo in Fabulous Location Just Listed

Martin County Florida Condo Market Report for October 2012

11.30.12 by

Martin County Florida Condo Market Report for October 2012

 

Commentary:

The Martin County Florida Condo Market for October 2012 continues to tread water neither getting worse or better.  Sales for October were up to 50 units from a very weak 39 in September.  Just about identical to October 2011 which had 53 sales.  The inventory rose to 574 condos (up 6 from September) which is about 100 condos less than were available last year.  I would not be surprised to see more inventory growth as we get into the upcoming  fall and winter condo season.  The median sales price did take a hit in October , down to $114,750 down from $159,000 for September, but still above last year’s $92,500.

The one month absorption rate is up to 11.5 months, while the three-month average is at 12.7 months.  Still a very challenging market for condo sellers.  But quite attractive opportunities for buyers.  We 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.

Currently, the condo market is under-performing as compared to our residential market and the condo markets of our southern neighbors.  I do expect this trend to stop as buyers realize the bargains currently available in the Martin County condo market.

[singlepic id=3040 w=800 h=800 float=center]

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.

[singlepic id=3041 w=800 h=800 float=center]

[singlepic id=3042 w=600 h=600 float=center]

[singlepic id=3043 w=600 h=600 float=center]

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 October 2012

the Gabe Sanders real estate team

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

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

Stuart Florida Real Estate


Martin County Florida Residential Market Report for October 2012

11.29.12 by

Martin County Florida Residential Market Report for October 2012

 

Commentary:

The Martin County Florida residential market report for October 2012 showed strong activity. In a month that typically is slow by historical standards, 153 homes closed, 40 homes better than 2011 and 39 homes better than 2010.  All this with an inventory of available homes now down by close to 50% from 2010.

Average and median sales prices were both higher for October.  This months inventory showed a slight increase to 1149 homes (up 14 from September), still down from the 1359 homes that were on the market in October of 2011 (and the 2710 homes in October of 2007). The one month absorption rate for October is 7.5 months, while the three-month average is 7.4 months. A 6 month absorption rate is considered to be a balanced market, so we are once again in a slight buyers market in Martin County.

Showing activity remains strong, though we are in the middle of the holiday season which normally is a slower market.

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

[singlepic id=3044 w=600 h=600 float=center]

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.

[singlepic id=3045 w=600 h=600 float=center]

[singlepic id=3046 w=600 h=600 float=center]

[singlepic id=3047 w=600 h=600 float=center]

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 October 2012

the Gabe Sanders real estate team

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

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

Stuart Florida Real Estate

Open House on 5 Acre Ranch in Palm City

11.28.12 by

Open House on 5 Acre Ranch in Palm City

Come and join us on December 2 at 6710 SW Rattlesnake Run for an open house from 1 to 4 pm.  The ultimate in privacy on 5 acres where you have the freedom to do what you please.  Horses, cows, farm, whatever you care to do!

2002 Built home with metal roof and hardi-plank siding on 5 Acres in an Equestrian or Agricultural area of Palm City, Florida.

Both you and your horses will adore this secluded 5 acre property with a beautiful 2002 built home featuring hardi-plank siding and a metal roof. 3 bedrooms 2 bathrooms plus an office with built in workstations.

A gourmet kitchen offers stainless appliances custom cabinets and a spacious built in rotating island. A 6 burner Kitchen-Aide gas convection oven, Miele dishwasher, GE refrigerator, Large living room with built in entertainment center. Master bedroom has large walk in closets and nicely appointed master bath with indoor/outdoor shower. This property is perfect for any one wanting the ultimate in privacy while having lots of room to roam as well as the opportunity for keeping horses or other agricultural possibilities.

This property is perfect for any one wanting the ultimate in privacy while having lots of room to roam as well as the opportunity for keeping horses or other agricultural possibilities.   The land is nice and dry with no apparent wetlands.  Two ponds are currently on the property.  Easily cleared for those desiring additional pasture lands.

More information about Palm City Farms

Search for All Palm City Farms Homes for Sale

Palm City Florida Real Estate
is presented by:

the Gabe Sanders real estate team

View our Featured Listings!

Open House on 5 Acre Ranch in Palm City

Ocean Front Condo in Sandpebble Open House

11.26.12 by

Ocean Front Condo in Sandpebble Open House

Join us Tuesday November 27 from 9:30 a.m. to 12:00 p.m. for an open house at 2571 NE Ocean Blvd. – Suite 102 in Sandpebble on Hutchinson Island in Stuart, FL.

This Sandpebble Ocean Front Condo on Hutchinson Island at 2571 NE Ocean Blvd. Suite 102 is now offered for $345,000

Spacious second level ocean front condo with sweeping ocean views on Stuart’s Hutchinson Island. Tastefully updated with granite counter tops, upgraded cabinets, stainless refrigerator and microwave and tile throughout. Breakfast bar and dining nook in the kitchen. Elevator in building. Extra storage also included. One small pet is allowed. The Sandpebble condominium complex has 5 swimming pools, ocean to river access, a community marina with slips for rent (check availability), tennis courts and club house. Very conveniently located close to shopping, great schools and a short drive or bike rode to either the Stuart or Jensen Beach Causeways. A great opportunity for either year round living or the perfect Florida vacation home. Rentals allowed.

On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best kept secrets in Martin County.  Located on a pristine 37 acres that reaches from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 river side and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

On the spacious grounds there is plenty of green space for outdoor activities, two hard court tennis courts and a fully equipped club house with kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Search for all Sandpebble Condos for Sale

View Our Featured Listings!

Presented by the Gabe Sanders real estate team

Ocean Front Condo in Sandpebble Open House

Toll Brothers Pool Home in Palm Cove Golf and Yacht Club SOLD

11.26.12 by

Toll Brothers Pool Home in Palm Cove Golf and Yacht Club SOLD

 

 102 Hatteras Court offered at $525,000 as a short sale has been sold for $515,000 with a full waiver of deficiency.

[singlepic id=887 w=600 h=550 mode=watermark float=center]

Located in Palm City Florida’s premier golf and yachting community, Palm Cove Golf and Yacht Club. Enjoy a beautiful life in this expansive 3600 sq. ft. custom built home. Superior designed floor plan. Elegant living room, dining room. Cook’s delight gourmet kitchen, large center island, butlers pantry with wine refrigerator, sink, disposal. Private master suite, two large walk-in closets. Luxurious master bath, double vanities. 3 additional guest bedrooms, 2 baths. Large office. Delightful gas heated free-form pool, summer kitchen with gas grill, refrigerator. Lushly landscaped back yard. Expansive golf course vista. Walk to full service community marina (slips available), clubhouse with exercise center, heated pool and non-equity golf course.

[singlepic id=888 w=600 h=550 mode=watermark float=center]

[singlepic id=889 w=600 h=550 mode=watermark float=center]

[singlepic id=890 w=600 h=550 mode=watermark float=center]

Search for All Palm Cove Golf and Yacht Club Homes for Sale
Free MLS Search

 

Toll Brothers Pool Home in Palm Cove Golf and Yacht Club SOLD

 

View all of our Listings

Palm City Real Estate presented by
the Gabe Sanders real estate team

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble Open House

11.25.12 by

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble Open House


Join us Tuesday November 27 from 9:30 a.m. to 12:00 p.m. for an open house at 2491 NE Ocean Blvd – Suite 401 in Sandpebble on Hutchinson Island in Stuart, FL.

New on the market, this Spacious Ocean Front Condo on Hutchinson Island in Sandpebble at 2491 NE Ocean Blvd. Suite 401

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 mo ldings, Jacuzzi tub and much more. This spacious unit offers a large open plan and is not your cookie cutter island condo. Enjoy two separate balco nies, 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 a vailable for private functions. Private ocean access. Elevator in building. 1 small pet is allowed.

Search for all Sandpebble Condos for Sale

View Our Featured Listings!

Presented by the Gabe Sanders real estate team

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble Open House