Jensen Beach FL 34957 Condo Market Report March 2019

Jensen Beach FL 34957 Condo Market Report March 2019

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for March 2019

For March 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 104 active listings. (Decreased by 18 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

54 Condo sales are pending and awaiting settlement. (Up by 18 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

22 Condos Sold (Up by 9 condos from February)

Jensen Beach FL 34957 Condo Market Report March 2019

 The Jensen Beach FL 34957 Condo Market Report rebounded strongly from a couple of weak winter months.  Both closed and ending sales saw significant improvements from the past few months.

The one-month absorption rate for the March 2019, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 4.7 months (from 9.4 months in February), back into a seller’s market after a few months absence.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The March 2018 numbers were: 109 active listings, 58 pending sales, and 27 condos closed.  A better volume of closed and pending sales last year for Jensen Beach condos.

Jensen Beach FL 34957 Condo Market Report March 2019

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

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2019

Palm Pointe and Palm Isles April 2019 Market Report

Palm Pointe and Palm Isles April 2019 Market Report

There are currently 3 active listings in Palm Pointe and Palm Isles community of Palm City FL.  List prices for these homes range from $289,888 up to $359,990. This results in an average list price of $334,959 which equals $151.23 per sq. ft. of living area.

At this time, there are no homes under contract.

Six homes have sold in the past 12 months.  Sales price ranged from $250,000 up to $350,000.  This equals an average sales price of $285,167 which works out to $165.15 per sq. ft. of living area.  These homes were on the market for an average of 43 days prior to going under contract and sold at an average of 98% of list price.

About the Palm Isles and Palm Pointe Community in Palm City:

Palm Isles and Palm Pointe in Palm City

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

 Palm Pointe and Palm Isles in Palm City

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.

Palm Isles and Palm Pointe in Palm City

Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

Palm Isles and Palm Pointe in Palm City

As of April 2019, HOA fees were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

Search for Palm Pointe and Palm Isles Homes for Sale

Palm Pointe and Palm Isles April 2019 Market Report

Jensen Beach FL 34957 Residential Market Report March 2019

Jensen Beach FL 34957 Residential Market Report March 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2019

 For March 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 230 active listings. (Down by 21 home from last month)

Jensen Beach FL 34957 Residential Market Report March 2019

92 Residential sales are pending and awaiting close or lender approval. (Increased by 37 home from February)

Jensen Beach FL 34957 Residential Market Report March 2019

40 Homes Sold (Increased by 11 homes from February)

Jensen Beach FL 34957 Residential Market Report March 2019

The Jensen Beach FL 34957 Residential Market rebounded very strongly from weaker winter activity with strong increases in both pending and closed sales.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 5.8 months ( was 8.7 months in February).  Back into a seller’s market for Jensen Beach homes.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The March 2018 numbers were: 186 active listings, 93 pending sales, and 34 home sales closed.  A very similar volume of sales and pending sales to last year, but this is with an increased inventory of Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report March 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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

Jensen Beach FL 34957 Residential Market Report March 2019

Island Village Hutchinson Island April 2019 Market Report

Island Village Hutchinson Island April 2019 Market Report

There are 8 townhomes for sale in the Island Village community of Hutchinson Island.  List prices range from $140,000 up to $179,900.  This is an average list price of $163,450 or $128.70 per sq. ft. of living area.

There is one property under contract in Island Village.  The list price was $189,900 which is $149.53 per sq. ft. of living area.

Only one townhome has sold in the past 12 months.  The sales price was $160,000 which equals $125.98 per sq. ft. of living area.  This home was on the market for 12 days prior to going under contract and sold for 88% of list price.

About Island Village on Hutchinson Island FL:

Island Village on Hutchinson Island FL

Island Village in Jensen Beach on Hutchinson Island is a townhouse community that was developed between 1981 and 1983.  Located on a huge preserve area on the west side of Highway A-1-A  with deeded ocean access just across the street. Island Village was created in two different phases, with phase I offering 28 quad style townhouses that offer 2 bedrooms, 2 and ½ baths and 1,328 sq. ft. of living area.  While phase II consists of 96 units of 1,270 sq. ft. with 2 bedrooms and 1 and ½ baths, in buildings with various sized units.

Island Village Townhouses on Hutchinson Island

As of September 2018, the HOA fees (which include insurance as in condo communities) are $360 per month for phase I (quad style) and $330 per month for phase II (row style).  These fees include Cable, Fire/Liability Insur, Grounds / Plants, Maintenance Exterior, Maintenance Interior, Manager, Recreational Facility, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

This community is pet-friendly and allows up to two small pets per unit.  Rentals are also permitted with a minimum duration restriction.

Island Village Townhouses on Hutchinson Island Island Village Townhouses on Hutchinson Island

Amenities include a heated pool, two tennis courts, and common areas as well as a deeded beach access area.

Island Village Townhouses on Hutchinson Island

Click here for the currently available Island Village Townhouses for sale

palm pointe

Island Village Hutchinson Island April 2019 Market Report

Stuart FL 34996 Condo Market Report March 2019

Stuart FL 34996 Condo Market Report March 2019

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for March 2019

For March 2019 in the 34996 Zip Code area of Stuart, Florida :

There are currently 131 active condo listings (Down by 7 condos from last month).

Stuart FL 34996 Condo Market Report March 2019

50 Condo sales are pending and awaiting close or lender approval (Down by 1 condo from February).

Stuart FL 34996 Condo Market Report March 2019

24 Condos Sold in March (Up by 8 condos from February) 

Stuart FL 34996 Condo Market Report March 2019

The Stuart FL 34996 Condo Market of Stuart had stronger activity than last month bringing this segment back into a seller’s market.  Though still not as strong as it was last year, but quite active none the less.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 5.5 months from February’s 8.6 months. Transitioning back into a seller’s market for this segment of Martin County condos after a number of months in a buyer’s market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2018 were: 139 active listings, 55 pending sales, and 29 closed sales.  Better activity last year for condo sales in the 34996 zip code of Stuart FL.

Stuart FL 34996 Condo Market Report March 2019

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

Search here for condos for sale in the 34996 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report March 2019