Stuart Florida Market Report ZIP Code 34994 – Condo, December 2011

01.15.12 by

Stuart Florida Market Report ZIP Code 34994 – Condo, December 2011

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2011

For December 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 153 active condo listings (Up 7 condos from November).

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

13 Condos Sold in December (Up 3 units from November).

The Stuart condo market for the area in ZIP code 34994 continues to show some weakness but had better results than in November of 2011.  The inventory continued to increase, pending sales remained unchanged and the sales were up by 3 condos.  Compared to December of 2010, when there were 177 active listings, 46 pending sales and 19 closed sales, this segment of the condo market is continuing to struggle, especially as compared to the equivalent single-family market in the area.

How much of this market trend can be attributed to the slower holiday season is not known at this point. In the next few months, the peak season for condos will show what the market can bear for the 2012 Treasure Coast condo sales season.

Search here for Stuart Florida Real Estate for Sale ( Condos)

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Stuart Florida Market Report ZIP Code 34994 – Condo, December 2011

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2011

01.14.12 by

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2011

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2011

For December 2011 in the 34994 Zip Code area of Stuart, Florida :

There are currently 87 active listings (Up 8 from November).

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

7 Homes Sold in December (Down 4 homes from November)

The 34994 ZIP code area of Stuart had a fairly slow month of December. With inventory up by8 homes, pending sales were off by only 1 and closed sales were off by 4 homes. Comparing the activity to December of 2010 when there were 114 active listings with 37 pending sales and 14 closed sales. A significantly lower number of sales were completed this year compared to last year with less available inventory.

With the lower number of homes on the market this year, it will be interesting to see what happens as we get into the height of the season in the next few months.

Search here for Stuart Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Stuart Florida Market Report ZIP Code 34994 – Residential, December 2011

Spacious Home in Willoughby Golf Club

01.13.12 by

Spacious Home in Willoughby Golf Club – Open House

 We invite you to join us for an Open House at 3481 SE Doubleton Drive on January 15, 2012, from 1:00 p.m. to 4:00 p.m.

3481 SE Doubleton Drive

Impeccably maintained, beautiful, and very spacious golf course home featuring 3 BR, 4 BA (plus cabana bath) with 2.5 car garage, with a screened heated pool and spa. Bright open spaces, high ceilings, an included entertainment system, custom built-ins, wet bar, summer kitchen (grill included),  office, electric hurricane shutters, immense storage and much, much more.  Large lanai with ample room for casual or formal outdoor entertainment.  Granite counters, updated appliances and a dual control wine cooler. There’s a one-time $15,000 capital contribution required for all new owners.  Golf membership is not mandatory, and social and tennis membership is included in the HOA fees.  Priced well below replacement cost and ready for immediate occupancy.   Amazing value at $599,000

Search the MLS for Willoughby Golf Club Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Spacious Home in Willoughby Golf Club – Open House

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

Stuart Florida Market Report ZIP Code 34996 – Condo, December 2011

01.12.12 by

Stuart Florida Market Report ZIP Code 34996 – Condo, December 2011

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2011

For December 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 226 active condo listings (Up 1 from last month).

19 Condo sales are pending and awaiting close or lender approval (A decrease of 2 condos from November).

12 Condos Sold in December (A decrease of 2 condos from November)

Surprisingly, the Stuart condo market for the area in ZIP code 34996 had a small decrease (or basically unchanged inventory from last month.  It will be interesting to see if this trend continues as many condo sellers tend to place their units on the market as the season begins to heat up during December and January.   There were slight decreases in both pending and closed sales. 

Compared to the end of last year in December of 2010, the numbers were  259 active listings, 46 pending sales and 20 closed sales.  Unlike many other segments of both our single-family and condo markets here on the Treasure Coast and particularly in Martin County, this segment of the Stuart condo market is not faring nearly as well as last year.

Search here for Stuart Florida Real Estate for Sale ( Condos)

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Florida Market Report ZIP Code 34996 – Condo, December 2011

Stuart Florida Market Report ZIP Code 34996 – Residential, December 2011

01.11.12 by

Stuart Florida Market Report ZIP Code 34996 – Residential, December 2011

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2011

For December 2011 in the 34996 Zip Code area of Stuart, Florida :

There are currently 179 active listings (Up 6 from November).

24 Residential sales are pending and awaiting close or lender approval (Down 4 from November).

10 Homes Sold in December (Down 4 from November).

The 34996 zip code area 0f Stuart Florida had a slow December with all results moving in the wrong direction.  Hopefully, this is a short-term reflection of a  slowdown in activity during the holiday season.

Comparing the numbers to December of 2010, there were  192 active listings, 32 pending sales and 5 closed sales.  The sales rate is higher, but less pending sales and less inventory.  If this trend continues, with less supply and greater demand, I expect prices to become more stabilized as long as there are no large numbers of distressed homes coming on the market which tend to be priced below market value and depreciate the market in general.

Search here for Stuart Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Stuart Florida Market Report ZIP Code 34996 – Residential, December 2011

Hutchinson House Condos on Hutchinson Island in Stuart Florida

01.10.12 by

Hutchinson House Condos on Hutchinson Island in Stuart Florida

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the Hutchinson House Condo complex is an ocean to Intracoastal complex with a variety of styles and views offering wonderful amenities that include ocean access docks, clubhouse, pools, spa/jacuzzi, tennis and a private beach.

Hutchinson House consists of 121 Condos, with the Ocean Side being Hutchinson House East and the riverside being called Hutchinson House West.  Both sides offer 2 and 3 bedroom condos with 2 or more bathrooms.  Many with spectacular views of the river and the crystal clear blue waters of the Atlantic Ocean.

The Hutchinson House condos are one of the few condo developments that is pet friendly and allow for up to 2 large pets.  For currently available Hutchinson House condos please call or view the search link below.

Search for Hutchinson House Condos on Hutchinson Island in Stuart Florida


For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Stuart Florida Market Report ZIP Code 34997 – Condo, December 2011

01.09.12 by

Stuart Florida Market Report ZIP Code 34997 – Condo, December 2011

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2011

For December 2011 in the 34997 Zip Code area of Stuart, Florida :

There are currently 106 active condo listings (A decrease of 13 condos form November).

21 Condo sales are pending and awaiting close or lender approval (Down 3 condos from November).

15 Condos Sold in June (An increase of 10 condos from November).

A strong end of the year for the Stuart condo market for the area in ZIP code 34997.  Inventory decreased and sales tripled from the month before.  Pending sales were off slightly.

Compared to last year’s numbers when there were 177 active listings, 46 pending sales and 6 closed sales, we can see the inventory is considerably less, with fewer pending sales but increased closed sales. With condo prices being low as well as interest rates at historically low levels, it’s definitely a good time to buy and it looks like for this segment of the Stuart Florida condo market, people have been doing just that in December of 2011.

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2011

Stuart Florida Market Report ZIP Code 34997 – Residential, December 2011

01.08.12 by

Stuart Florida Market Report ZIP Code 34997 – Residential, December 2011

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2011

There are currently 522 active listings (a decrease of 5 homes from November).

176 Residential sales are pending and awaiting close or lender approval (A decrease of 22 homes from November).

78 Homes Sold in November (Up 36 homes from November)

A very strong month for December in the 34997 zip code area of Stuart Florida.  Sales almost doubled by the end of the year.  Inventory was down and the only negative report shows pending sales were down.

Compared to December of 2010, the inventory is down by approximately 50 homes or 10%.  Less supply should be a catalyst for greater demand.  Lower supply should also help stabilize prices.  There were 155 pending sales in 2010 compared to the 176 this year (Dec 2011) and there were 47 homes sold in Dec 2010 as compared to the 78 last month.  Very strong results that may very likely continue into 2012 as the economic outlook appears to be more positive.  With renewed optimism, I see a strong market in the future for the Stuart 34997 zip code area.

Search here for Stuart Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Stuart Florida Market Report ZIP Code 34997 – Residential, December 2011

Sewalls Point Market Report – Residential, December 2011

01.07.12 by

Sewalls Point Market Report – Residential, December 2011

Sewalls Point Real Estate Snapshot, Residential Sales for December 2011

There are currently 58 active listings (an increase of 9 homes for sale from November)

8 Residential sales are pending and awaiting close or lender approval (Down 5 from November)

5 Homes sold in December (Up 2 from November)

In December of 2011, we saw a slight increase in sales from November in the Sewalls Point, Florida real estate market.  Most of the sales for December were solidly in the mid-price category for Sewalls Point real estate. Inventory was up by 9 units which is close to a 20% rise while pending sales were off by 5 homes.

Comparing the results to December of 2010, the inventory is down from 67 homes, pending sales were 9 last year and 4 homes sold.  Other than a lower inventory, the numbers are almost identical to a year ago.

Search here for Sewalls Point Florida Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

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

Sewalls Point Market Report – Residential, December 2011

Snug Harbor Home in Stuart – SOLD!

01.05.12 by

Snug Harbor Home in Stuart – SOLD!

There’s a new lucky owner of this Snug Harbor pool home in Stuart, one of Martin County’s premier neighborhoods.

Boating or tennis anyone?  Then this custom home in the exclusive waterfront enclave of Snug Harbor Yacht Club is for you.  Amenities include a deep water marina with boat slips, tennis courts, clubhouse, and a boat ramp only minutes from the ocean. 18′ ceilings with American Cypress grace a formal living room with floor-to-ceiling wood and a brick fireplace.  The open floor plan comes with French doors and arched windows throughout, with a light airy ambiance.  Tropically landscaped pool and patio off the kitchen and a great room with an enclosed sunroom.  Recently remodeled chef’s kitchen with granite, stainless, Thermidor gas cooktop and double ovens, Kitchen Aid fridge, and custom maple cabinets. Two bedrooms and two baths with an office or possible 4th BR with 1/2 bath on 1’st floor.  Escape to the master “Sanctuary” encompassing the 2’nd floor with a remodeled bath that includes a hydro tub & sep shower, walk-in closets and your own private sundeck.

One of the premier neighborhoods in Stuart FL, 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.

In 1975 the deeds were distributed and/or sold to the then owners and a condominium form of ownership was established.  With both waterfront and non-waterfront homes and estates and 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 clubhouse, deep water marina and tennis courts. 

Search for all Snug Harbor Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Stuart Florida Real Estate presented by:

the Gabe Sanders real estate team

Snug Harbor Home in Stuart – SOLD!

Castle Hill Home in Sewalls Point – SOLD!

01.03.12 by

Castle Hill Home in Sewalls Point – SOLD!

There’s a new lucky owner of this Castle Hill pool home in Sewalls Point, one of Martin County’s premier neighborhoods.

Beautiful 2-story CBS home in desirable Castle Hill on Sewall’s Point.  5 possible 6 bedrooms, 3 full baths, 2.5 car garage.  Master bedroom suite on the first floor.  Stunning travertine patio and very private pool.  The backyard is completely fenced-in and in a totally private setting.  Kitchen with center island and gas stove.  Formal living with 2 story vaulted ceiling and cozy gas fireplace.  Terrific floor plan.  Master suite + guest bedroom suite on the first floor.  The second floor has two bedrooms, a full bathroom + a loft/game room that could be converted into a 6th bedroom if necessary.  City water and sewer.  Located in the desirable Jensen Beach High School district, this one will not last long.

Castle Hill is a neighborhood known for its reputation of being high class and gorgeous in the community of Sewalls Point in Stuart. Only minutes from the Jensen Beach and Stuart Causeways, Castle Hill has a wide variety of gorgeous beaches to relax on, entertainment and restaurants to choose from. Residents can enjoy low HOA fees and quiet family-oriented neighborhoods. There are many waterfront homes as well as homes situated on large areas of land. The homes in Castle Hill are pretty much described by the name Castle Hill; they are large-scale and stately!

Search for all Castle Hill Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Sewalls Point Florida Real Estate presented by:

the Gabe Sanders real estate team

Castle Hill Home in Sewalls Point – SOLD!

High Point in Sewalls Point, Florida

12.29.11 by

High Point in Sewalls Point, Florida

Located on the southern tip of Sewalls Point, High Point and High Point Isles is an oasis of beautiful homes on high elevation lots yet just minutes away from the clear blue waters of the Atlantic ocean.
High Point Isles is the eastern section of the High Point peninsula and consists of all waterfront homes in the Intracoastal Waterway and within sight of the Saint Lucie Inlet for access to the Atlantic.  Ringing the south and west circumference of High Point are additional waterfront estates with deep water, high elevation and spectacular views of the Saint Lucie and Indian Rivers.  The interior lots in High Point feature ample room, many have water views and all of this is in the prestigious town of Sewalls Point.
The link below will take you to all currently available High Point homes in Sewalls Point, Florida

Search for High Point Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Sewalls Point  Real Estate is presented by:

the Gabe Sanders real estate team

High Point in Sewalls Point, Florida

Jensen Beach Country Club Pool Home – SOLD!

12.28.11 by

Jensen Beach Country Club Pool Home – SOLD!

There’s a new lucky owner of this Jensen Beach Country Club pool home (Eagle Marsh Golf Course) in one of Martin County’s premier neighborhoods.  Lucky enough to buy it at a very affordable price.

A very special and inviting Jensen Beach Country Club home for sale awaits the right buyer wishing a carefree lifestyle in this upscale, yet affordable non-mandatory golf club community. With one of the best locations in Martin County real estate, this guard gated community is just minutes away from the beaches, marinas and waterways of the Treasure Coast of Florida as well as wonderful shopping at the Treasure Coast Mall and adjacent retail and restaurant facilities. This 2000-built Concrete Block home features a bright open plan with 3 BR, 2 BA and a 2 Car Garage. Very private screened pool and lanai that overlook a lovely backyard on a nature preserve. Spacious master suite with tray ceilings and many extras. Eat-in kitchen with breakfast bar and additional dining nook overlooking the pool and lanai. The Eagle Marsh golf course offers many cost-efficient membership options as well as non-member course options as well.

The Jensen Beach Country Club and it’s associated golf course, Eagle Marsh is located in Martin County north of West Palm Beach between Jupiter and Port St. Lucie along Highway 1 near St Lucie Inlet and the Atlantic seacoast. It is just minutes from both the Florida Turnpike and I-95. This once quiet Oceanside town is fast becoming the area’s center for arts, entertainment and recreation with a wide variety of restaurants and shopping to choose from.

Jensen Beach Country Club is truly an oasis nestled in the heart of Jensen Beach with over half of its total acreage dedicated to nature preserves and a championship Tommy Fazio golf course. The community has two clubhouses one featuring a Golf Pro Shop and restaurant with the second showcasing a community swimming pool, tennis courts and facilities for dancing and private parties.

Eagle Marsh is proud to be part of the community and is proud of the organizations surrounding the Golf Course as a whole. Our membership is comprised of some of the finest people around and our members have proven to be supportive, enthusiastic and fun.

The members of Eagle Marsh Golf Club have worked hard to establish and organize both the Men’s Golf Association and the Women’s Golf Association, where throughout the year, enjoy many events and outings which are elegant, exciting and sometimes competitive. Eagle Marsh Golf Club is proud to be considered home for the associations and looks forward to what the future holds.

Eagle Marsh Golf Club is an 18-hole regulation-length golf course. This medium-length layout features 5 sets of tee boxes for the enjoyment of golfers of all skill levels.

Jensen Beach Country Club Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Jensen Beach Florida Real Estate presented by:

the Gabe Sanders real estate team

Jensen Beach Country Club Pool Home – SOLD!

The Archipelago in Sewalls Point, Florida

12.27.11 by

The Archipelago in Sewalls Point, Florida

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a nongated 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

Search for Archipelago Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Sewalls Point  Real Estate is presented by:

the Gabe Sanders real estate team

The Archipelago in Sewalls Point, Florida

Lakeside Pool Home in Oak Ridge – Just SOLD!

12.26.11 by

Lakeside Pool Home in Oak Ridge – Just SOLD!

Palm City residents, welcome your proud new neighbors as they move into their just purchased Oak Ridge home courtesy of the Gabe Sanders real estate team of Premier Realty Group.

Discover the best value for the money for a 4 bedroom CBS lakefront pool home on a cul-de-sac with spa & towering ceilings located in a gated community with tennis courts, a clubhouse and a community boat ramp with ocean access!  Immediate/Quick closing … enjoy today’s low-interest rates and Palm City’s “A” rated schools!  A top-quality home that was previously owned by respected builder Doug Moline! You will fall in love with the 20ft high ceilings, choice lakefront location, beautiful wood staircase & huge screened porch!  This is Palm City’s best value!

Search for all Oak Ridge Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Lakeside Pool Home in Oak Ridge – Just SOLD!

Martin County Florida Condo Market Report for November 2011

12.25.11 by

Martin County Florida Condo Market Report for November 2011

The Martin County Florida condo market report for November 2011 retreated from the good numbers posted last month.  Sales were down to 35 units (vs. last month’s 53 and for November of 2010 they were 45 condos).  The median sales price was off more than 20% from the same period last year while the listing prices remained stable.  The height of the condo season will be coming shortly and we expect some positive numbers for volume, but we just don’t see any increase in price on the horizon at this point.

The big uncertainty that remains is the economy. We believe that if we have any sustained good news, we will see a pretty good rush on the market which will be a nice change from the present. For the longer term, even though we have the best mortgage rates in history at the moment, inflation is making news and this is not good for rates down the line. The Fed. is working hard to keep rates down, but for how long, we’re just not too sure.

Our outlook for Martin County is fairly positive as for buyers, prices and rates remain very attractive. For sellers, it doesn’t look like we’re going to see any significant improvements soon, so if you need to sell, you may be better off now than possibly in the near future.

Condo Market Report for November 2011 in Martin County, Florida

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, visit our website or call us at (772) 888-2885.
Our market reports are here!

Martin County Florida Residential Market Report for November 2011

12.24.11 by

Martin County Florida Residential Market Report for November 2011

The Martin County Florida residential market report for November 2011 continues to show improved momentum and resiliency.   Sales volume (135 units) was up as compared to both last year (112) and last month (113).  The one-month absorption rate is down to just above 10 months.  This is the best value since the current housing difficulties started.

The average sales price was up from last year, while the median is unchanged. Listing prices on average are down by a small amount as well.   There was a small increase in inventory as many sellers are finally realizing that prices will not be rebounding to the levels they were hoping for and too many uncertainties remain in the economy to wait it out if they want to move on with their lives.

Our outlook for Martin County remains cautiously optimistic as prices and rates remain at historic low levels. For sellers, homes are selling, and if priced and presented optimally, they are going quickly.  Buyers are seeing historically low-interest rates and very affordable quality homes in almost all price ranges.

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

Residential Market Report for November 2011 in Martin County, Florida

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, visit our website or call us at (772) 888-2885.
Our market reports are here!

Summerfield Golf Club Homes in Stuart, Florida

12.23.11 by

Summerfield Golf Club Homes in Stuart, Florida – Home of the Champions Golf Club

Summerfield Golf Club is located on over 275 acres and hosts a little over 500 single-family homes adjoining the Champions Golf Course.  Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty.  This Tom Fazio-designed course is open to the public with very reasonable membership fees.  Visit the Champions Course website for more information at http://www.thechampionsgolfclub.com/

The residential section is known as Summerfield Golf Club and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, a fitness center and a professional 6-court Tennis club.  All of these amenities are available at very reasonable HOA fees, along with the convenience of the on-site manager to handle any issues that may arise.

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, and medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches.  Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

Summerfield Golf Club Homes for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Summerfield Golf Club Homes in Stuart, Florida

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2011

12.22.11 by

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2011

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for November 2011

For November 2011 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 40 active condo listings. (Down 2 from last October)

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

No Condos sold in November (Down from 2 sales in October)

The Hobe Sound condo market (Zip Code 33455) is a very small segment of both Hobe Sound real estate as well as the smallest condo market on the Treasure Coast. Unfortunately no sales last month, but the inventory dropped marginally and pending sales were up to 3 units.  Compared to last year, where there were 41 listings, 9 pending sales and 1 closed sale, the market has not changed much for Hobe Sound.

Hopefully, we’ll see some improvement in sales in the coming months, but as long as the inventory stays this small, we just don’t see any appreciable rise in numbers.  Most of these products are in the lower price ranges and this is where we expect to see activity.

Search here for Hobe Sound Florida Real Estate for Sale ( Condos)

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound Florida Market Report ZIP Code 33455 – Condo, November 2011

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2011

12.21.11 by

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2011

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2011

For November 2011 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :
(Due to technical difficulties the October Market Snapshot data was unavailable)

There are currently 59 active listings. (Down 1 from October)

12 Condo sales are pending and awaiting close or lender approval. (Unchanged from October)

2 Condo Sold (A decrease of 7 condos from October)

Last month’s disappointing results for the Jensen Beach condo market report (ZIP Code 34957) has continued into November.  At least the inventory didn’t increase and there were 2 sales this month as opposed to last month’s 1.   Last year at this time, 3 sales, 24 pending sales and 65 active listings.  In the residential segment (single-family homes) of the market, we’ve seen a marked improvement over the past year.  In the condo market, this hasn’t been the case.

Speculating on the reasons for this could be the current low prices of single-family units.  The difficulty of obtaining financing for condos in this lending environment and the nervousness regarding the economy and future are being felt by the more senior set that tend to go for the condo type of housing.  Condo sales tend to be more active after the holidays and we will hopefully see an increase in activity following the holiday season.

Search here for Jensen Beach Real Estate for Sale

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach Florida Market Report ZIP Code 34957 – Condo, November 2011