Gabe’s January 2020 House Calls Real Estate Newsletter

Gabe's January 2020 House Calls Real Estate Newsletter
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For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

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Gabe’s January 2020 House Calls Real Estate Newsletter

St Lucie County Townhouses and Condos November 2019 Market Report

St Lucie County Townhouses and Condos November 2019 Market Report

The St Lucie County Townhouses and Condos market for November 2019 showed mixed activity as compared to last year.  Closed sales were up by 12.6% from last year (were down by 17.5% in October). New pending sales were down by 1.1% for November (they were up by 13.9% in October).

Prices were up for November, though at a reduced rate.  The median price increased by 3.3% from last year (was up by 0.2% in October) while the average sales price increased by 2.7% (was down by 6.6% in October).

The inventory of available townhouses and condos increased by 5 units from last month to 581 units, which is 6.2% greater than November 2018. The current inventory is 6.0 months, as compared to 5.3 months of inventory last year.  The St Lucie County townhouses and condos real estate market continues to be in 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 November 2019 Market Report

 

Click here to view past St. Lucie County townhouses and condos market reports

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.

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St Lucie County Townhouses and Condos November 2019 Market Report

Vista del Lago December 2019 Market Report

Vista del Lago December 2019 Market Report

As of December 2019, there are 10 active listings in Vista del Lago in Stuart FL.  The list prices ranged from $59,900 up to $139,000 for an average list price of $92,679 which equals $113.47 per sq. ft. of living area.

There are 4 condos currently under contract which have not closed yet.  List prices ranged from $59,900 up to $107,000.   This is an average list price of $87,675 which works out to $100.47 per sq. ft. of living area.  These condos were on the market for an average of 95 days before going under contract.

28 condos have sold in the past 12 months. Sales prices were from a low of $56,000 to a high of $131,000 with the average sales price being $86,664. This equals $102.10 per sq. ft. of living area. The average days on market was 60 and these condos sold on average at 96% of list price.

 Vista del Lago in Stuart FL

About Vista del Lago Condos in Stuart FL:

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart.  This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach.  Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago in Jensen Beach FL

Vista del Lago condos were first built in 1974 and the last one was completed in 1979.   All the buildings are two stories and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units.  Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1 bedroom units.  Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

Vista del Lago in Jensen Beach FL

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts.  No pets are permitted in Vista del Lago and this is an age restricted (55+) community.  The HOA fees range from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

Vista del Lago in Jensen Beach FL

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Vista del Lago Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Vista del Lago December 2019 Market Report

Martin County Single Family Homes November 2019 Market Report

Martin County Single Family Homes November 2019 Market Report

The Martin County Single Family Homes November 2019 Market Report had a surprisingly strong month of sales activity when compared to last November.  Closed sales were up by 27.0% from last month (were up by 1.5% in October).  While new pending sales increased by 10.7% as compared to November 2018 (they increased by 18.0% in October).

Prices were down for November.  The median sales price was down by 6.6% from last year (was up by 0.9% in October) while the average sales price decreased by 0.7% (was down by 2.6% last month).

The inventory of available single-family homes decreased from last month by 34 homes to 864 units for November,  this is  11.5% less inventory than last November.  The current supply of homes is 4.4 months.  For November of last year, it was a 4.8 months supply.  We remain in a seller’s market for Martin County single-family home sales.  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 November 2019 Market Report

 

Click here to view the previous Martin County single-family homes market reports

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.

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Ballantrae December 2019 Market Report

Ballantrae December 2019 Market Report

For December 2019 there are 19 active listings in the Ballantrae community in the Sandpiper section of Port St Lucie, FL.  List prices range from $209,900 up to $1,750,000.  This is an average list price of $574,616 which equals $206.15 per sq. ft. of living area.

There are 4 homes currently under contract which have not closed to date.  List prices were from $154,900 up to $1,325,000.   These prices average to $585,950 or $226.24 per sq. ft. of living area.  These homes averaged 37 days on market before going under contract.

In the past 12 months, there have been 42 home sales.  Sales prices ranged from a low of $100,000 up to $512,500.  This works out to an average sales price of $313,021 which works out to $150.14 per sq. ft. of living area.  These homes were on the market for an average of 94 days prior to going under contract and sold at an average of 94% list price.

About Ballantrae in Port St. Lucie:

Ballantrae Golf and Waterfront Homes

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. We’re on the North Fork of the Saint Lucie River with direct access to the South Fork of the river which leads to Lake Okeechobee and the Gulf of Mexico. In addition, the Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river.

Ballantrae in Port St. Lucie

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course of masterful design that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

Ballantrae in Port St. Lucie

In addition to golf and boating, we offer tennis, swimming, fishing, and a Homeowners Community Clubhouse which is the center of many community activities.

Ballantrae in Port St. Lucie

Search for Ballantrae Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Ballantrae December 2019 Market Report