Palm City Florida Market Report ZIP Code 34990 – Condo, October 2012

Palm City Florida Market Report ZIP Code 34990 – Condo, October 2012

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for October 2012

For October 2012 in the 34990 Zip Code area of Palm City, Florida :



There are currently 59 active condo listings. (A decrease of 3 condos from September)

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

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No Condos Sold in October. (Down 4 from September)

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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 October, their were no sales closed for condos in Palm City.  The inventory decreased slightly and pending sales increased by 3.
With no sales, the absorption rate is not applicable.
The October 2011 numbers were: 59 active listings, 2 pending sales and 2 closed sales.   Inventory is the same as last year.  Pending sales are much better this year.

 

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Palm City Florida Market Report ZIP Code 34990 – Condo, October 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, October 2012

Stuart Florida Market Report ZIP Code 34997 – Condo, October 2012

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2012

 

For October 2012 in the 34997 Zip Code area of Stuart, Florida :

 

There are currently 99 active condo listings (A decrease of 2 condos form September).

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21 Condo sales are pending and awaiting close or lender approval (Up 2 condos from September).

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6 Condos Sold in October (A decrease of 3 condos from September).

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Reflecting the off season for condos, the Stuart condo market for the area in ZIP code 34997 had a pretty lackluster month for October.  Basically unchanged from September, with only minor variations.  With the holidays coming up, we’re not expecting any major movement in the Stuart condo market.  Possibly an increase in inventory as often condo owners will try to time the market for the winter and spring season when activity tends to be a bit higher.

The one month absorption rate is at 16.5 months, indicating a continued strong buyers market.

The October 2011 numbers were: 120 active listings, 13 pending sales and 10 closed sales.  Other than approximately 20% less available inventory, the numbers are fairly similar to October 2011.

 

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for October 2012

 

 

Stuart Florida Market Report ZIP Code 34997 – Residential, October 2012

Stuart Florida Market Report ZIP Code 34997 – Residential, October 2012

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for October 2012

 

There are currently 360 active listings (a decrease of 5 homes from September).

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189 Residential sales are pending and awaiting close or lender approval (An increase of 11 homes from September).

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51 Homes Sold in September (Up 1 home from September)

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The 34997 zip code area of Stuart Florida continue to show strong numbers.  Inventory declined slightly while pending sales (an indication of future closed  sales) remained strong.  Closed sales were steady.
 
The current one month absorption rate is at 7 months, very close to a balanced market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 month absorption rate.
 
The 2011 numbers were: 519 active listings, 194 pending listings and 47 closed sales.  Considering the amount of inventory being significantly lower this year, it’s fairly impressive that the market has performed this well.
 
 

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34997 – Residential, October 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, October 2012

Stuart Florida Market Report ZIP Code 34996 – Condo, October 2012

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for October 2012

For October 2012 in the 34996 Zip Code area of Stuart, Florida :

 

There are currently 194 active condo listings (Down 4 from last month).

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26 Condo sales are pending and awaiting close or lender approval (a decrease of 2 condos from September).

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17 Condos Sold in October (Up 9 from September)

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The Stuart Florida Market Report ZIP Code 34996 for Condos had some very strong closed sales in October, typically an off month for condo sales.  Future sales (pending listings)  were off minimally while the inventory was also down by a small number.

The current absorption rate for the Stuart Florida Market Report ZIP Code 34996 – Condo is just over 11 months.  Considerably improved from the past few months.

The numbers for October 2011 were: 213 active listings, 24 pending sales and 17 closed sales.  Very similar numbers to the current market with significantly lower inventory.

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Stuart Florida Market Report ZIP Code 34996 – Condo, October 2012

Palm City Farms Open House

Palm City Farms Open House

Are you looking for the ultimate in privacy on 5 acres?  Would you like some horses or other animals with no restrictions?  Then come and join us on November 18 at 6710 SW Rattlesnake Run for an open house from 1 to 4 pm.  Refreshments will be provided.

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.

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Palm City Farms Open House

Stuart Florida Market Report ZIP Code 34996 – Residential, October 2012

Stuart Florida Market Report ZIP Code 34996 – Residential, October 2012

 

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for October 2012

 

 

For October, 2012 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 157 active listings (Increased 4 homes from September).

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33 Residential sales are pending and awaiting close or lender approval (Down 1 from September).

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12 Homes Sold in October (Up 5 from September).

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The 34996 zip code area of Stuart Florida showed an increase in sales for October.  Pending sales were basically unchanged (down 1) from last month while the inventory had a small increase.  Good results when considering that this is still our off season.  The one month absorption rate for the 34996 zip code area of Stuart Florida for October is 12.8 months, which still has plenty of room for improvement.  A balanced market, favoring neither buyer or seller is considered to be around a 6 month absorption rate.

The numbers for October of 2011 were: 161 active listings, 35 pending sales and 5 closed sales.

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Stuart Florida Market Report ZIP Code 34996 – Residential, October 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, October 2012

Stuart Florida Market Report ZIP Code 34994 – Condo, October 2012

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for October 2012

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

 

There are currently 143 active condo listings (Up 1 condo from September).

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45 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

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13 Condos Sold in October (Increased by 1 condo from September).

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Continued strong results for the Stuart Condo market for zip code 34994 even during our off season.  Sales were up by 1 unit while pending sales remained unchanged and the available inventory was up by 1 unit.  The one month absorption rate is at 11 months, which still signifies a buyers market.  And, it appears that the buyers are indeed buying, even during the typically slower condo season.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither a buyers or sellers market.

Last October the numbers were 135 active listings, 31 pending sales, and 21 closed sales.

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Stuart Florida Market Report ZIP Code 34994 – Condo, October 2012

Veterans Day 2012

Veterans Day 2012

Those who live in freedom will always be grateful to those who helped preserve it.
Our veterans will never forget what they’ve done for our country
Neither will we!
*
Let us not take for granted, the very things that most deserve our gratitude
Thank you to all the veterans for all that you gave and continue to give to keep us safe and free
And for those that we mourn, Thank You
We know that our freedom is not free.
******

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

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

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

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

 

There are currently 67 active listings (Up 6 from September).

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32 Residential sales are pending and awaiting close or lender approval (Down 5 from September).

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9 Homes Sold in October (Down 3 homes from September)

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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.  Both pending and closed sales were off slightly.

The one month absorption rate for this zip code is just over 7 months, which signifies a shift to a slight buyers market, after many months of under 6 month rates (sellers market).  Still an excellent time for those wishing to place their homes on the market for sale.  The October 2011 numbers were 77 Active Listings, 36 pending sales and 9 closed sales.

 

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Stuart, FL Real Estate

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

Just Listed in Palm City Farms

Just Listed in Palm City Farms

6710 SW Rattlesnake Run

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

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Just Listed in Palm City Farms

Skyline Drive Area Home Sold in Jensen Beach

Skyline Drive Area Home Sold in Jensen Beach

3333 NE Indian Drive has sold!

Welcome your new neighbors in the Skyline Drive area of Jensen Beach

Location, location, location makes this fully updated, rare to find 4 bedroom, 2 bathroom home with a 2 car garage, fireplace, pool, and a fenced backyard in the Skyline Drive area of Jensen Beach a true treasure.  This home is move-in ready and ideally located.  High elevation yest close to the beach as well as Jensen Beach High School.  Only minutes to downtown, restaurants, and shopping.  This home is a must see!

The Skyline Drive area is among the highest points in south Florida.  Located just north of downtown Jensen Beach and just to the east of the Indian River (also known as the Intracoastal Water Way) and enjoying cool south east breezes of the crystal clear waters of the Atlantic Ocean.

‘A’ rated school system, Easy access to medical facilities,  Numerous parks and ocean access waterways, public beaches, the Treasure Coast Mall and much, much more make the Skyline Drive area of Jensen Beach a desirable Florida location for those wishing to make Florida living their own.

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Skyline Drive Area Home Sold in Jensen Beach

Sewalls Point Residential Market Report October 2012

Sewalls Point Residential Market Report October 2012

Sewalls Point Real Estate Snapshot, Residential Sales for October 2012

There are currently 47 active listings (a decrease of 3 home for sale from September)

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17 Residential sales are pending and awaiting close or lender approval (a decrease of 3 homes from September)

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7 Homes sold in September (Up 4 from September)

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Strong activity for the Sewalls Point market report for October 2012.  A very good month for sales with 7 closings.  Pending sales were off slightly (by 3 homes) while the inventory is now down to 47 homes.  This is quite low for Sewalls Point.

The absorption rate now stands at 6.7 months.  This is an indication of a balanced market favoring neither seller or buyer.

Comparing the results to October of 2011, the inventory was at 43 homes homes on the market last year, pending sales numbered only 14 homes, and there was only 1 sale.

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Sewalls Point Market Report – Residential, October 2012

 

Summerfield Home on Castle Pine Place in Stuart Florida Sold

Summerfield Home on Castle Pine Place in Stuart Florida Sold

Welcome your new neighbors to 2703 SE Castle Pine Place in the Summerfield Golf Club of Stuart Florida

This spacious and inviting home has sold for $280.000

No question – You will think “WOW” when you walk through the entry. Unlike all other homes in neighborhood. On a corner lot, this home is completely private with preserve and lake views.
From the moment you walk through the front door you will see how wel l maintained this home truly is. Wood and tile floors throughout. New AC. A large screened lanai features a spa (included in sale) as well as small waterfall feature.
Additionally, it is sit up for entertaining or a quiet night. Plantation shutters throug hout the home. Cedar Lined closets. You will think you are in a new home! Granite counter tops in the kitchen. Formal living and dining room. Summerfield features amenities galore with tennis courts, clubhouse, gym, pool, security gate, golf available.

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Summerfield Home on Castle Pine Place in Stuart Florida Sold

Home in the Villas of Emerald Lakes Just Listed

Home in the Villas of Emerald Lakes Just Listed

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

the Villas of Emerald Lakes

the Villas of Emerald 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 Emerald Lakes

the Villas of Emerald Lakesthe Villas of Emerald Lakes

 

 

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Home in the Villas of Emerald Lakes Just Listed


2012 Stuart Air Show

2012 Stuart Air Show

The 2012 Stuart Air Show which raises money for the Road to Victory Military Museum begins Friday November 9 with a party featuring an aerial performance by a plane loaded with over 250 LED lights.  Called ‘the Dirty Flight Suit Party’, it begins at 4 pm and offers a twilight preview of the upcoming weekend airshow with an F-18 flyover.  Party attendees get the chance to mingle with the air-show’s pilots and support crews while enjoying food and drink as well as a live performance from the Tom Jackson Band.  Tickets are $60. per person.

The main event will be on the weekend (Nov 10 and 11) from 9 am to 5 pm.  Tickets are $18.00 on line, $20.00 at the door while children under 10 and veterans with military ID get in free.  There are some special upgrade sections with reserve seating and food and beverage service.  Information can be found on the Stuart Air Show website.

The highlights of this year’s schedule include an F-18 performance from the US Navy.
Starjammers, an acrobatic musical plane.
A Jet Powered School Bus.
OTTO the Clown – a helicopter comedy show
Randy bell – Aerobatics n a Russian MIG-17
The AeroShell Acrobatic Team
John R. Mohl – Aerobatics with a restored 1943 bi-plane
World War II battle re-enactment (begins at 11 am – courtesy of the Road to Victory Military Museum of Stuart
Crowding the bridges, parks and even the Saint Lucie River on their boats, many families watch the skies as the planes twist and twirl through the air making it an event that is bigger than just those attending at Witham Field.  A wonderful yearly experience, the Stuart Air show is a big hit for Martin County natives and tourists alike while helping many deserving charities as well.

 2012 Stuart Air Show

Reduced Again Waterfront Land in White City

Reduced Again Waterfront Land in White City

Now exceptionally priced, reduced again, waterfront land in White City, Florida

This 1.27 Acres of Waterfront Land for Sale in White City Florida is now available for $72,000

4846 River Place in White City

1.27 Acres of Waterfront Land for Sale in White City Florida. Located in the private River Place subdivision of White City. 150′ of water frontage awaiting your dream home. This is a private secluded location that is only minutes from downtown Fort Pierce, the beaches as well as shopping and restaurants. Only 6 miles to the I-95 interchange for easy access to West palm (approx 40 minutes) or Orlando (approx 90 minutes).

Live in quiet seclusion with you own dock and still be only minutes from the vibrant downtown area of Fort Pierce.  Enjoy the plays and concerts at the Sunrise theater.  Fish off your own dock, or just a quick drive to the beaches to surf, fish or build some sand castles.  Endless possibilities for a wonderful Florida lifestyle!

More Information and Pictures for this River Place Waterfront Land for Sale

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Reduced Again Waterfront Land in White City

Sandpebble Condo and Beach Club on Hutchinson Island

Sandpebble Condo and Beach Club on Hutchinson Island

November 2012 Market Update for the Sandpebble Condo and Beach Club on Hutchinson Island in Stuart, Florida:

There are 6 active listings (Three river side and three ocean side)
No pending sales at this time.
In the past 12 months 9 condos have sold.  7 river side and 2 on the ocean side.
River side sales were from $125,000 to $240,000 averaging $200,485 or $189 per square foot of living area.
On the ocean side the two sales were for $300,000 and $326,000 averaging $218 per square foot of living area.

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.

Construction of the Sandpebble complex began in 1982 and just recently all buildings were completely refurbished with metal roofs, Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration, the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.

For additional information and availability of Sandpebble Condominiums and other attractive Oceanfront Homes, Condos or Vacant Land, contact Gabe Sanders.

Sandpebble Condo and Beach Club on Hutchinson Island

The Archipelago of Sewalls Point

The Archipelago of Sewalls Point

Currently (November 2012) in the Archipelago there are two  homes on the market.
One home is under contract and awaiting resolution of contingencies.
In the past 12 months, 1 home sold for $599,000 ($250. per sq. ft. of living area)

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes, to spectacular estate lots with magnificent views.

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

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The Archipelago of Sewalls Point

The Yacht and Country Club of Stuart Florida

The Yacht and Country Club of Stuart Florida

November 2012 Market Update:

There are 23 homes currently for sale in the Yacht and Country Club of Stuart.  Listing prices are from $131,000 to $785,000.

There are currently 7 homes under contract (3 of which are short sales) ranging in listing price from $124,900 to $389,900.

35 homes have sold in the past 12 months.  Ranging in sales price from $109,900 to $890,000 (the average sales price was $259,106 or $107 per sq. ft. of living area).


The Yacht and Country Club of Stuart, Florida Golf Course

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

The Yacht and Country Club of Stuart, Florida Clubhouse

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

The Yacht and Country Club of Stuart, Florida Canal

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

The Yacht and Country Club of Stuart, Florida Homes

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

The Yacht and Country Club of Stuart, Florida Homes

Truly a wonderful place to call home.

 

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Yacht and Country Club of Stuart, Florida - Homes for Sale

The Yacht and Country Club of Stuart Florida

25th Jensen Beach Pineapple Festival

25th Jensen Beach Pineapple Festival

The 25’th year of the Jensen Beach Pineapple Festival takes place this weekend from November 2 – 4 in Downtown Jensen Beach.  Starts at 6 pm on Friday Nov 2.  Advanced admission tickets are $10. available at all Seacoast National Bank locations and the Sonic Drive-In.  Regular admission will be $15 with children 12 and under free.  Students from 13 to 18 with ID will enter for $5.

The Pineapple Festival is held in the streets of downtown Jensen Beach.  The festival site includes Ricou Terrace and Pineaple Avenue from Church St. to Jensen Beach Blvd.  Festival organizers recommend that you park at the Jensen Beach Elementary School located at 2525 NE Savannah Rd and take the free shuttle bus to the Festival.

This years festival will include arcade rides, a Bahamian market and arts exhibit, juggling, magic shows, and many more fun activities for the whole family,

 

On the three stages this year will be Bradley Singleton, Dr. Sea Breeze, Laura Tuller Band, the Brilanders, Kickin It Country Dancers, Michael Wright Band, Lucky Dog Band, Josh Gaines, In Motion, Saint Joseph School Jazz Band and more!!

 

This years highlighters will be Chris Cagle on Friday (8 pm), Edie Money on Saturday (8 pm) and Vanilla ice Sunday (7 pm)Come out and join in the fun at this year’s Jensen Beach Pineapple Festival

 

25th Jensen Beach Pineapple Festival