The Pines and Windemere Real estate Market Update March 2019

The Pines and Windemere Real estate Market Update March 2019

There are currently 14 homes for sale in the Pines and Windemere in Jensen Beach FL.  Prices range from a low of $298,000 up to $465,000.  This is an average list price of $389,007 which is equal to $192.40 per sq. ft. of living area.

Four homes are under contract awaiting settlement.  List prices range from a low of $289,000 up to $424,900.  This works out to an average list price of $348,450 or $169.20 per sq. ft. of living area.  These homes averaged 73 days on the market before going under contract.

In the past 12 months, 35 homes have sold in the Pines and Windemere.  Sales prices ranged from a low of $274,000 up to a high of $500,000. This equals an average sales price of $361,380 which equates to $176.41 per sq. ft. of living area.  These homes were on the market for an average of 73 days before going under contract and sold for 96% of list price.

About the Pines and Windemere in Jensen Beach FL:

the Pines and Windemere

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why The Pines and Windemere Real estate Market Update March 2019 is so desirable.

The Pines and Windemere in Jensen Beach FL

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own backyard.”  And as far as Jensen Beach High School: “Our Kids can walk to the new High School”.

In addition to the best schools, The Pines is located just a little over 2 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course (Eagle Marsh) is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

The Pines and Windemere in Jensen Beach FL

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World-famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

the Pines and Windemere

Adjacent to the Pines is the smaller community of Windemere and the Preserves.  D.R. Horton has recently completed building brand new homes in both the Pines and Windemere subdivisions at some very affordable prices.

Neither the Pines or Windemere offers the amenities of a community pool or clubhouse which keeps the HOA fees quite low at $55.00 and $60.00 a month respectively.

 The Pines and Windemere in Jensen Beach FL

When these developments were planned the original intent was to combine the two for ease of access.  However, the County decided to nix these plans as they felt that out of area residents would use Windemere Drive as a shortcut between US-1 and Jensen Beach and making a lot of congestion in this community.

For any questions you may have about The Pines and Windemere Real estate Market Update March 2019, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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The Pines and Windemere Real estate Market Update March 2019

Palm City FL 34990 Residential Market Report February 2019

Palm City FL 34990 Residential Market Report February 2019

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2019

For February 2019 in the 34990 Zip Code area of Palm City Florida :

 There are currently 402 active listings (Up by 11 homes from January)

Palm City FL 34990 Residential Market Report February 2019

147 Residential sales are pending (Up by 26 homes from last month)

Palm City FL 34990 Residential Market Report February 2019

52 Homes Sold in September (Ip by 5 homes from January)

Palm City FL 34990 Residential Market Report February 2019

The Palm City FL, zip code 34990 residential real estate market showed strong results for February with solid increases in both pending and closed sales.
The monthly absorption rate decreased to 7.7 months from 8.3 months in January.  Remaining in a buyer’s market for the Palm City zip code 34990 area for residential sales but drifting towards a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2018 numbers were:  415 active listings, 144 pending sales, and 55 closed sales.  Very similar activity and inventory as last year.

Palm City FL 34990 Residential Market Report February 2019

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Palm City FL 34990 Residential Market Report February 2019

Banyan House Condos Stuart FL March 2019 Market Report

Banyan House Condos Stuart FL March 2019 Market Report

There is currently 1 condo for sale in the Banyan House condos in Stuart FL.  This condo is listed for $189,900 which is $138.61 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, only 2 condos have sold in the Banyan House.  The sales prices were $121,000 and $184,900.  This is an average sale price of $152,950 or $111.64 per sq. ft. of living area.  These condos averaged 29 days on the market before going under contract and they sold for an average of 100% of list price.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL March 2019 Market Report

Stuart Florida 34994 Residential Market Report February 2019

Stuart Florida 34994 Residential Market Report February 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for February 2019

For January 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 93 active listings (Up by 2 homes from January)

Stuart Florida 34994 Residential Market Report February 2019

35 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from last month).

Stuart Florida 34994 Residential Market Report February 2019

14 Homes Sold in May (Increased by 6 homes from January)

Stuart Florida 34994 Residential Market Report February 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had increases in sales and pending sales as well as the number of homes available to purchase.

The one-month absorption rate for the 34994 zip code for January jumped up to 6.6 months from 11.8 months for January.  Transitioning into a balanced market t for the 34994 zip code area of Stuart, FL after one month as a buyer’s market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2018 numbers were 81 Active Listings, 41 pending sales, and 13 closed sales.  Very similar activity when compared to last year but with a larger inventory of homes for sale this year.

Stuart Florida 34994 Residential Market Report February 2019

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Stuart Florida Real Estate for Sale

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Stuart Florida 34994 Residential Real Estate Market Report February 2019

St Lucie County Townhouses and Condos January 2019 Market Report

St Lucie County Townhouses and Condos January 2019 Market Report

The St Lucie County Townhouses and Condos January 2019 Market Report had an unexpectedly large jump in closed sales while new pending sales were off.  Closed sales were up by 45.6% from last year (was down by 22.0% in December) while new pending sales were down by 12.7% for January (they were unchanged in December).

Prices were mixed for the month.  The median price increased by 19.4% from last year (was down by 22.4% in December) while the average sales price decreased by 4.0% (was down by 6.9% in December).

The inventory of available townhouses and condos increased by 43 units from last month to 597 units, which is 5.1% greater than January 2018. The current inventory is 5.7 months, which is the same as the 5.7 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos January 2019 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos January 2019 Market Report

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County, and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Townhouses and Condos January 2019 Market Report