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

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2011

12.20.11 by

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2011

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2011

For November 2011 in the 34990 Zip Code area of Palm City, Florida :

There are currently 60 active condo listings. (Up 1 from October)

3 Condo sales are pending and awaiting close or lender approval. (Up 1 from last month)

1 Condo Sold in November. (A decrease of 1 condo from October)

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 townhomes.  With only 60 currently active listings, it is not a very large market.   Last year at this time there were 78 active listings, and the market was more active with 5 pending sales and 6 closed sales as compared to this year’s anemic 3 and 1 respectively.  The condo market overall remains significantly more sluggish as compared to the single-family residential market.

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 tends 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 Palm City Florida Real Estate for Sale ( Condos)

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

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Market Report ZIP Code 34990 – Condo, November 2011

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

12.19.11 by

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

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

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

There are currently 119 active condo listings (A decrease of 1 condo from October).

24 Condo sales are pending and awaiting close or lender approval (Up 11 from October).

5 Condos Sold in June (Down 5 from October).

Bucking the trend for the other Stuart condo area market snapshots, the Stuart condo market for the area in ZIP code 34997 showed a decrease in inventory as well as an increase in pending sales.  Unfortunately closed sales were also off.

Compared to last year, inventory is significantly reduced (179 units to the present 119).  The sales and pendings are basically unchanged.  The majority of sales in this market area remain in the lower price ranges.

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 November 2011

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

12.18.11 by

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

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

For November 2011 in the 34996 Zip Code area of Stuart, Florida :
There are currently 225 active condo listings (Up 12 from last month).

21 Condo sales are pending and awaiting close or lender approval (A decrease of 3 from October).

14 Condos Sold in November (A decrease of 3 condos from October)

The Stuart condo market for the area in ZIP code 34996 had another month of increased inventory for November. Also, the second month of small decreases in closed and pending sales.  Hopefully, this is just a typical seasonal slowdown as we get into the holiday months. The large increase in inventory is troubling for sellers as this may have significant downward pressure on prices for the coming winter season if this trend continues.

There were a couple of higher-priced sales this past month, which helps the average sales price report and brings those numbers up a bit.  The inventory does remain approximately 20% below the 2010 level, but unfortunately, sales, as well as pending sales, were also down.  The 2012 selling season should start to heat up in the January report (two months from now) and hopefully, the trend will be positive.

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, November 2011

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

12.17.11 by

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

Stuart Real Estate Snapshot for ZIP Code 3499, Condo Sales for November 2011

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

There are currently 146 active condo listings (Up 11 from October).

35 Condo sales are pending and awaiting close or lender approval. (Up 4 from last month)

10 Condos Sold in November (Down 11 units from October).

Unlike the residential market in Martin County, Florida, the Stuart condo market for the area in ZIP code 34994 continues to show some weakness.  While inventory is down significantly from last year’s levels (177 units in 2010 to 146 in 2011), sales were off from the previous month as well as last year.  Inventory has also risen for the past two months.  On a positive note, pending sales were up slightly.  The vast majority of sales in this Stuart (34994 zip code market) are selling in the lower spectrum of the price range.

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, November 2011

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

12.16.11 by

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

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

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

There are currently 316 active listings. ( Down 12 from October)

71 Residential sales are pending and awaiting close or lender approval (Up 12 from October)

15 Homes Sold in November (A decrease of 15 homes from last month)

Bucking the trend from the rest of Martin County, the Hobe Sound real estate market (ZIP Code 33455) had a second month of decreasing inventory and increasing pending sales.  Unfortunately closed sales were down by 50% from 30 units (a strong October) to only 15 last month.

Compared to last November, we had 431 active listings, 51 pending sales and 16 closed sales.  Even with a significant decrease in inventory, sales as well as pending sales remain strong.  In addition, recent sales have tended toward more medium and upper-end price ranges which shows many higher-income buyers coming back into the market.

Provided we don’t see a drastic increase in distressed properties (short sales and bank-owned foreclosures), we should be in line for a good performance from the Hobe Sound real estate market in 2012.

Search here for Hobe Sound 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

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

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

12.15.11 by

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

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

For November 2011 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 152 active listings. (An increase of 6 from last month)

80 Residential sales are pending and awaiting close or lender approval. (A decrease of 4 homes from October)

16 Homes Sold (Up 10 from October)

The Jensen Beach real estate market (ZIP Code 34957) showed a small increase in inventory this month, yet is still more than 30 homes less than last November, while still having the same number of sales as last year (an increase from last month.  Also almost 30 more pending sales from last November which is a slight decrease from last month. 

Of the closed sales in the past few months, there are a significantly higher number of homes in the medium to upper price ranges as compared to the past few years, showing a renewed interest in the medium and upper end of the market.  Provided the numbers for distressed homes don’t increase in 2012, we should see continued growth and good activity in the Jensen Beach, Florida real estate market.

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:
the Gabe Sanders real estate team

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

Just Listed – Ocean Front Land on Hutchinson Island

12.15.11 by

 Just Listed – Ocean Front Land on Hutchinson Island

 Vacant land with almost a full acre on the shores of the Atlantic ocean

2431 NE Ocean Blvd in Stuart Florida

Enjoy living in paradise on this .86 Acre Ocean Front Lot located across the street from Spinnaker Point, with access to the Spinnaker Point day dock on the Indian River side of Hutchinson Island. 100′ of Ocean Front property for your dream estate which will feature panoramic Ocean views. Just minutes from the amenities of the public beaches in prestigious South Hutchinson Island in Martin County. Close to shopping and A Rated Schools.

Search for Hutchinson Island Vacant Land Listings

 Just Listed – Ocean Front Land on Hutchinson Island

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

Palm City Florida Market Report ZIP Code 34990 – Residential, November 2011

12.14.11 by

Palm City Florida Market Report ZIP Code 34990 – Residential, November 2011

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2011

For November 2011 in the 34990 Zip Code area of Palm City Florida :

There are currently 468 active listings (Increased 11 homes from October)

144 Residential sales are pending and awaiting close or lender approval. (Increased 6 from last month)

36 Homes Sold in November (A decrease of 5 homes from October)

For the Palm City, zip code 34990, area of Martin County Florida, we had a second month of increasing inventory, although modest in number.  Also an increase in pending sales, but unfortunately a decrease in closed sales.  Comparing the numbers to November of 2010 when there were 608 active listings, 121 pending sales and 40 closed sales, there is significantly less inventory this year, with sales close to equal of last year as well as a higher number of pending sales.  Of the closed sales in the past few months, there are a significantly higher number of homes in the medium to upper price ranges as compared to the past few years, showing a renewed interest in the medium and upper end of the market.

Provided the numbers for distressed homes don’t increase in 2012, we should see continued growth and good activity in the Palm City, Florida real estate market.

Search here for Palm City Florida Real Estate for Sale

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

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

Palm City Florida Market Report ZIP Code 34990 – Residential, November 2011

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

12.13.11 by

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

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

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

There are currently 173 active listings (Up 12 from October).

28 Residential sales are pending and awaiting close or lender approval (Down 7 from October).

14 Homes Sold in November (Up 9 from October).

The 34996 zip code area pf Stuart Florida had a much better November compared to October up to 14 homes from a low of 5 in October.   Inventory also rose by 12 homes and pending sales were off, possibly reflecting a slowdown of activity during the holiday season.  Buyer traffic is remaining strong as many realize that it is an excellent market for home affordability on Florida’s Treasure Coast.

The numbers for November of 2010 were 210 active listings, 29 pending sales and 5 closed sales.  Sales have almost tripled with less inventory available.  An excellent sign for market recovery which we believe is well underway.  Depending on the status of distressed homes (short sales and bank-owned properties), we wouldn’t be surprised to see prices start to inch up in the near future.

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, November 2011

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

12.12.11 by

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

Stuart Real Estate Snapshot for ZIP Code 3499, Residential Sales for November 2011

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

There are currently 79 active listings (Up 2 from October).

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

11 Homes Sold in November (Up 2 from October)

The 34994 ZIP code area of Stuart had a relatively unchanged market from last month.  With inventory up slightly by two homes, pending sales off by 4 and closed sales up by 2.  Comparing the activity to November of 2010 when there were 119 active listings with 32 pending sales and 2 closed sales.   A significantly higher number of sales were completed this year compared to last year even though there were fewer available homes.

With the lower inventory 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, November 2011

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

12.10.11 by

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

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

There are currently 527 active listings (an increase of 8 from October).

198 Residential sales are pending and awaiting close or lender approval (Up 5 from October).

42 Homes Sold in October (Down 5 from October)

Compared to October, the 34997 zip code area of Stuart Florida saw movement in the wrong direction, with inventory up for the second month in a row and both pending sales and closed sales off as well.   Of more interest, compared to November of 2010, inventory is up by about 100 homes, but sales are more than double and pending sales are almost triple last year’s numbers.

So, it appears that we are seeing a seasonal slowing of the market for the holiday season, but numbers are still dramatically higher than last year’s figures.  This is showing great promise for the year ahead.  For those waiting for prices to come back to pre-bubble values, we just don’t believe it will happen any time soon.  Housing is currently at historically affordable levels and those that can afford or qualify are making their moves.  At one point in the future, these low-interest rates are bound to go up making homes less affordable

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, November 2011

Sewalls Point Market Report – Residential, November 2011

12.09.11 by

Sewalls Point Market Report – Residential, November 2011

Sewalls Point Real Estate Snapshot, Residential Sales for November 2011

There are currently 49 active listings (an increase of 6 homes for sale from October)

13 Residential sales are pending and awaiting close or lender approval (Down 1 from October)

3 Homes sold in November (Up 2 from October)

In November of 2011, e saw a slight increase in sales from October in the Sewalls Point, Florida real estate market.  Of note is that two of these sales were in the higher price ranges of just under $900,000 for a nonwaterfront home and above $1,200,000 for an older waterfront home.  Inventory crept up a little from last month while pending sales remain virtually unchanged (down 1).

Interestingly the active and pending numbers are almost identical to last November, but sales are up as has been the trend for most of this year.  If sales continue at the pace of last year, we may very well find a significant decrease in inventory as well as a lack of well-priced homes on Sewalls Point.  In our experience with this market, it will be difficult to convince buyers to pay a large premium for the privilege of living in this desirable neighborhood, so we may see some slowdown if the inventory doesn’t keep pace.

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, November 2011