Gull Harbor February 2019 Market Report

Gull Harbor February 2019 Market Report

There is 1 home currently for sale in Gull Harbor in Palm City FL.  The list price is $1,398,000 or $474.54 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, there have been 3 sales in Gull Harbor.  Sales prices ranged from $385,000 up to $1,275,000.  This works out to an average sales price of $745,000 which equals $313.18 per sq. ft. of living area.  These sales prices averaged 95% of list price and were on the market for an average of 40 days before going under contract.

About Gull Harbor Real Estate in Palm City FL

Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

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Four Winds on the River Condo February 2019 Market Report

Four Winds on the River Condo February 2019 Market Report

There is 1 condo currently available for sale in Four Winds on the River in Stuart FL.  It is listed for $229,740 or $170.18 per sq. ft. of living area.

There are no condos under contract and awaiting sale.

In the past 12 months, 2 condos have sold in Four Winds.  These condos sold for $23,000 and $346,500.  This works out to an average sales price of $289,750 which works out to $180.24 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 18 days before going under contract.

About Four Winds on the River in Stuart FL:

Four Winds on the River Condo in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There has been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River in Stuart FL

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate Four Winds on the River real estate

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Four Winds on the River Condo February 2019 Market Report

Sewalls Point Single Family Market Report January 2019

Sewalls Point Single Family Market Report January 2019

Sewalls Point Real Estate Snapshot, Residential Sales for January 2019

There are currently 76 active listings (Up by 7 home from last month)

Sewalls Point Single Family Market Report January 2019

17 home sales are pending and awaiting close or lender approval (Up by 8 homes from December)

Sewalls Point Single Family Market Report January 2019

5 Homes sold in December (Unchanged from December)

Sewalls Point Single Family Market Report January 2019

The single-family real estate market in Sewalls Point had a large increase in inventory and with pending sales.  Hopefully, this will translate to more closed sales in the near future.

The absorption rate rose to 15.2 months, in December it was 13.4 months.  Still a buyers market for Sewalls Point but trending in the right direction.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2018, the inventory was 50 homes on the market, 10 pending sales and there were 6 closed sales.  Considerably greater inventory this year with fewer sales, but better-pending activity.

Sewalls Point Single Family Market Report January 2019

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Sewalls Point Single Family Market Report January 2019

 

North River Shores February 2019 Market Report

North River Shores February 2019 Market Report

The North River Shores February 2019 Market Report for Stuart Florida:

There are currently 3 active listings in North River Shores.  List prices range from $619,000 up to $748,700.  The average list price is $672,533 which equals $258.65 per square foot of living area.

1 home is under contract (pending sale).  This home was listed for $1,145,000 or $428.84 price per sq. ft. of living area.  This home was on the market for 154 days before going under contract.

In the past 12 months, 29 homes have sold in North River Shores at an average sales price of $524,991 or at $223.70 per square foot of living area. Sales prices ranged from a low of $280,000 up to $1,175,000 and sales averaged 96% of the list price.  These homes were on the market for an average of 98 days prior to accepting the offers that lead to the sale.

About North River Shores in Stuart FL:

 North River Shores in Stuart FL

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.
  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

North River Shores in Stuart FL

 This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores

North River Shores
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North River Shores February 2019 Market Report

Hunters Creek Palm City February 2019 Market Report

Hunters Creek Palm City February 2019 Market Report

Currently, for February 2019, there is only one home on the market in Hunters Creek in Palm City, FL.  This home is listed for $344,900 which is also $183.36 per sq. ft. of living area.

There are no homes currently under contract (pending sales).

There have been 6 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $320,000 up to $460,000 for an average sales price of $402,000 which equals $174.54 per sq. ft. of living area.  These homes sold on average of 96% of the last listed price and were under contract on an average 131 days after being listed.

About Hunters Creek in Palm City FL:

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

Hunters Creek in Palm City FL

HOA fees are very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club.  There is quick access to Florida’s Turnpike and I-95.  Also, just a few minutes away from the Palm City Bridge with access to downtown StuartJensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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Hunters Creek Palm City February 2019 Market Report