River Landing May 2019 Market Report Palm City FL

River Landing May 2019 Market Report Palm City FL

As of May 2019, there are two homes on the market in River Landing. List prices are $459,900 and $499,000. This makes for an average asking price of $479,450 which equals $174.16 per sq. ft. of living area.

There is 1 home currently under contract and awaiting settlement.  The list price was 499,500 or $205.13 per sq. ft. of living area.  This home was on the market for 6 days prior to going under contract.

In the past 12 months, 6 homes have sold in River Landing.  Sales prices ranged from $355,000 up to $560,000.  The average sales price equaled $437,083 which works out to $164.75 per sq. ft. of living area. These homes sold for an average of 96% of the last list price and took an average of 89days on market until going under contract. 

About River Landing in Palm City FL:

Entrance to River Landing in Palm City Florida
One of the little-known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing, the last one was built in 2007.  Both one and two story homes on generously sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air-conditioned space.  Low HOA fees of $142 per month include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts, and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older homes, and most have yards with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment, and fantastic local restaurants!

River Landing in Palm City FL

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River Landing Homes for Sale in Palm City Florida

River Landing May 2019 Market Report Palm City FL

Palm City FL 34990 Condo Market Report April 2019

Palm City FL 34990 Condo Market Report April 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for April 2019

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

There are currently 78 active condo listings. (Decreased by 7 condos from March)

Palm City FL 34990 Condo Market Report April 2019 

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

Palm City FL 34990 Condo Market Report April 2019

11 Condos Sold in April. (Unchanged from March)

Palm City FL 34990 Condo Market Report April 2019

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market.  The sales activity in this market is challenging because of two condo communities with high equity and association fees that are currently not in favor with the general public.  Though, those who love golf, there are some incredible bargains in these communities.  April showed a nice rise in activity for these communities.

The current absorption rate for condos in the 34990 zip is 7.1 months (was 7.7 months in March).  Remaining in a buyer’s market for Palm City condos.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The April 2018 numbers were: 88 active listings, 15 pending sales, and 7 closed sales.  Better sales and pending activity this year on lower inventory.
Palm City FL 34990 Condo Market Report April 2019
Are you interested in the value of your Palm City FL Condo?
Click on this link and fill out the form for an accurate personal evaluation

Search here for condos for sale in the 34990 zip code area of Palm City FL

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

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

Palm City FL 34990 Condo Market Report April 2019

Palm City FL 34990 Residential Market Report April 2019

Palm City FL 34990 Residential Market Report April 2019

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

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

 There are currently 389 active listings (Up by 3 homes from March)

Palm City FL 34990 Condo Market Report April 2019

166 Residential sales are pending (Up by 16 homes from last month)

Palm City FL 34990 Condo Market Report April 2019

78 Homes Sold in September (Down by 9 homes from March)

Palm City FL 34990 Condo Market Report April 2019

The Palm City FL, zip code 34990 residential real estate market had fewer closed sales from last month but improved pending activity.  This should be a good indication for future sales.
The monthly absorption rate rose to 5.0 months from 4.4 months in March.  Remaining in a seller’s market for the Palm City zip code 34990 area.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The April 2018 numbers were:  364 active listings, 193 pending sales, and 64 closed sales.  Better closed sales this year but weaker pending sales on a greater number of available Palm City homes for sale.

Palm City FL 34990 Condo Market Report April 2019

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

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

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

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

Palm City FL 34990 Residential Market Report April 2019

Stuart FL 34994 Condo Market Report April 2019

Stuart FL 34994 Condo Market Report April 2019 

Stuart FL Real Estate Snapshot for ZIP Code 34994, Condo Sales for April 2019

For April 2019 in the 34994 Zip Code area of Stuart, Florida :

There are currently 115 active condo listings (Up by 10 condos from March).

Stuart FL 34994 Condo Market Report April 2019 

34 Condo sales are pending and awaiting close or lender approval. (Down by 13 condos from last month) 

Stuart FL 34994 Condo Market Report April 2019 

25 Condos Sold in March (Down by 1 condo from March).

Stuart FL 34994 Condo Market Report April 2019 

The Stuart FL 34994 Condo market continues to show very strong activity for the early Spring market.  There are no signs of a slowdown for this segment.

The absorption rate for April rose to 4.6 months compared to last month’s 4.0 months.  Still a seller’s market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last April the numbers were 97 active listings, 75 pending sales, and 28 closed sales.  Considerably better activity last year when there was also fewer available Stuart condos for sale (inventory).

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

Click here for condos for sale in the 34994 zip code area of Stuart FL

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

Search here for Stuart Florida Real Estate for Sale

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

Stuart FL 34994 Condo Market Report April 2019 

 

Stuart Florida 34994 Residential Market Report April 2019

Stuart Florida 34994 Residential Market Report April 2019

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

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

There are currently 91 active listings (Up by 1 home from March)

Stuart Florida 34994 Residential Market Report April 2019

35 Residential sales are pending and awaiting close or lender approval (Decreased by 3 homes from last month).

Stuart Florida 34994 Residential Market Report April 2019

17 Homes Sold in May (Decreased by 2 homes from March)

Stuart Florida 34994 Residential Market Report April 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed slightly weaker activity than last month but remains quite active..

The one-month absorption rate for the 34994 zip code for March rose to 5.4 months from 4.7 months for March.  Remaining in a seller’s market t for the 34994 zip code area of Stuart, FL   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The April 2018 numbers were 74 Active Listings, 35 pending sales, and 13 closed sales.  Better sales activity this year.  Pending sales are the same as last year.  All with a higher inventory of available homes for sale.

Stuart Florida 34994 Residential Market Report April 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 homes for sale in the 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 zip code area of Stuart FL

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

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

Stuart Florida 34994 Residential Real Estate Market Report April 2019