Martin County Single Family Homes February 2019 Market Report

Martin County Single Family Homes February 2019 Market Report

The Martin County Single Family Homes February 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 0.6% (were down by 18.4% in January).  While new pending sales decreased by 6.0% as compared to February 2018 (Increased by 7.3% in January).

Prices were mixed for February.  The median sales price was down by 7.9% from last year (up by 10.8% in January) while the average sales price increased by 2.0% (was up by 49.3% last month).

The inventory of available single-family homes increased from last month by 48 homes to 1178 units for February,  this is 13.4% greater than last February.  The current supply of homes is 5.9 months, for February of last year, it was 5.1 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes February 2019 Market Report

Click here to view or download the full report:
Martin County Single Family Homes February 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.

Martin County Single Family Homes February 2019 Market Report

Price Reduced Stuart Condo with Ocean Access Dock

Price Reduced Stuart Condo with Ocean Access Dock

Windjammer Waterfront Condos in Stuart FL

Here’s your opportunity to own a beautifully updated first floor 2 bedroom two bathroom condo in the Marlborough Building of the Windjammer Condos in Stuart, FL. This condo comes with a deeded dock suitable for up to a 28-foot boat with both water and electric available for only $75 per year. The condo features an updated kitchen with stainless steel appliances and granite counters and a pantry. The master bedroom features dual sinks in the bath and a walk-in closet. This is a pet-friendly community that allows for up to 1 small pet. There’s a large 4’ X 4’ X 9’ storage bin located just next door to this condo. Windjammer has an active clubhouse along with three pools and an onsite manager. Enjoy living in a great location close to downtown, shopping, restaurants, and the beaches.

Windjammer Condos in Stuart, Florida

Click here for pricing and more photos

Windjammer Condos in Stuart, Florida

About the Windjammer Condos in Stuart FL:

Windjammer Condos in Stuart, Florida Windjammer Condos in Stuart, Florida

Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access. There are 130 2 bedroom, 2 bathroom condos with porches. Most condos have excellent water views with the end buildings having beautiful wide river views of the Saint Lucie River.

Windjammer Condos in Stuart, Florida

There are three pools and a clubhouse in Windjammer. Association fees at the time of this post (November 2018) are around $460.00 per month, payable quarterly. These fees include Cable, Common Areas, Common R.E. Tax, Elevator, Grounds / Plants, Insurance-Bldg, Laundry Facilities, Maintenance Exterior, Management Fees, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Trash Removal, Water and Sewer.  Those condos with deeded docks have an additional $75 fee per year.

Windjammer Condos in Stuart, Florida Windjammer Condos in Stuart, Florida

Docks are deeded to the condos and are owned by the unit owners. (Not every condo has an accompanying dock) Dock sizes vary and go up to a 16? beam and 40? length. No rentals are allowed during the first two years of ownership, after which two rentals are allowed per year.  One small pet is also allowed for owners, not for rentals.

Anglers Cove Condos on Hutchinson Island Anglers Cove Condos on Hutchinson Island

Very affordable opportunity for those wishing to enjoy the boating lifestyle in fabulous Stuart FL.

Search for Windjammer Waterfront Condos in Stuart, FL

Windjammer Waterfront Condos in Stuart FL

Search for all Stuart FL area homes, condos, and land at GabeSanders.com   or call (772) 888-2885

Price Reduced Stuart Condo with Ocean Access Dock

Florida Townhouses and Condos February 2019 Market Report

Florida Townhouses and Condos February 2019 Market Report

The Florida Townhouses and Condos Market Report for February 2019 had weaker sales activity when compared to last February.  Closed sales were down by 5.7% as compared to last month’s decrease of 10.9% and new sales under contract (new pending sales) decreased by 3.1% (In January there was a 10.3% decrease).  These decreases are considerably less severe than last month.

Prices, however, continue to rise for February though at a much more reasonable pace than most of last year.  Median sales prices were up by 4.7% (was up by 2.8% in January), while the average sales price increased by 3.7% (was up 1.3% in January).

The inventory of active listings increased by 8.5% from February of last year.  We now have 6.4 months of inventory as compared to 6.0 months for February 2018.  Remaining in a balanced market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos February 2019 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos February 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.

Florida Townhouses and Condos February 2019 Market Report

Florida Single Family Homes February 2019 Market Report

Florida Single Family Homes February 2019 Market Report

The Florida Single Family Homes Market Report for January 2019 produced slightly stronger sales activity when compared to last year.  The closed sales were up by 1.9% (were down by 6.2% in January) and new sales under contract (new pending sales) were unchanged  (were down by 2.4% in January).

Prices were mixed for February.  The median sales price rose by 1.3% (it was up by 4.1% in January) and the average sales prices dropped by 0.4% (it was up by 4.1% last month).

The inventory of available homes for sale increased by 11.8% from last year.  This is a 4.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 2017 had a 3.9 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

February 2019 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes February 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.

February 2019 Florida Single Family Homes Market Report

Hobe Sound FL 33455 Condo Market Report February 2019

Hobe Sound FL 33455 Condo Market Report February 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for February 2019

For February 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently only 2 active condo listings. (Up by 1 condo from January)

Hobe Sound FL 33455 Condo Market Report February 2019

2 Condos are pending and awaiting close. (Down by 1 condo from January)

Hobe Sound FL 33455 Condo Market Report February 2019

1 Condos sold in February. (Down by 3 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are selling well.

The absorption rate for Hobe Sound condos was 2 months for February as compared to 0.3 months in January).  Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The February 2018 numbers were: 10 active listings, 4 pending sales, and 1 closed sale.  Considerably better activity last year, along with a greater number of condos available for sale.

Hobe Sound FL 33455 Condo Market Report February 2019

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Hobe Sound FL 33455 Condo Market Report February 2019