Sailfish (Rigels) Cove December 2018 Market Report

Sailfish (Rigels) Cove December 2018 Market Report

There are no homes currently available for sale in Sailfish (Rigels) Cove.

There are also no homes under contract at this time.

There have been 2 sales in the past 12 months in Sailfish (Rigels) Cove on Hutchinson Island.   Sales prices were $978,440 and $1,100,000.  This is an average sales price of $1,039,220 or $333.65 per sq. ft. of living area.  Sales averaged 85% of list price and were on the market for an average of 255 days prior to going under contract.

Sailfish (Rigels) Cove on Hutchinson Island

Sailfish Cove real estate

Sailfish (Rigels) Cove is located on Hutchinson Island in Jensen Beach FL. It is also known as Rigels Cove as the name was changed to Sailfish Cove just a little over a year ago. Just a little under a mile to the south of the Jensen Beach Causeway on the shores of the Intracoastal Waterway (also known as the Indian River).

Sailfish Cove real estate

Sailfish (Rigels) Cove was first developed in 1993 and only 11 homes make up this small subdivision with all homes having ocean access waterfront docks. Home sizes range from just under 3,000 sq. ft. of living area up to almost 5,000 sq. ft.   HOA fees are approximately $326 a month. These fees include lawn and landscaping, maintenance of the common areas and the gate.

Sailfish Cove real estate

Residents of Sailfish (Rigels) Cove enjoy being in the ‘A’ rated Martin County School System and are just a few minutes from both downtown Jensen Beach as well as historic downtown Stuart FL. Lots of great shopping and amenities close by as well.

Sailfish Cove real estate

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Sailfish (Rigels) Cove December 2018 Market Report

Stuart Florida 34994 Residential Market Report November 2018

Stuart Florida 34994 Residential Market Report November 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2018

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

There are currently 76 active listings (Down by 9 homes from October)

Stuart Florida 34994 Residential Market Report November 2018

22 Residential sales are pending and awaiting close or lender approval (Increased by 4 homes from last month).

Stuart Florida 34994 Residential Market Report November 2018

5 Homes Sold in May (Decreased by 10 homes from October)

Stuart Florida 34994 Residential Market Report November 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had a dip in inventory and a large drop in sales.  Pending sales rose, just slightly.

The one-month absorption rate for the 34994 zip code for November jumped up to 15.2 months from 5.7 months for October.  Transitioning into a buyer’s market for the 34994 zip code area of Stuart, FL.  First time in quite a while for this area to be in a buyer’s market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The November 2017 numbers were 81 Active Listings, 28 pending sales, and 13 closed sales.  There was better all-around activity last year.

Stuart Florida 34994 Residential Market Report November 2018

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Stuart Florida 34994 Residential Real Estate Market Report November 2018

Gabe’s December 2018 Housing Trends eNewsletter

Housingtrends eNewsletter 4

Gabe’s December 2018 Housing Trends eNewsletter

Welcome to our current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view Gabe’s December 2018 Housing Trends eNewsletter.

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, consumer videos, blogs, real estate glossary, mortgage rates and calculators, consumer articles, and REALTOR.com local community reports.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:

http://martincountyflorida.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you December have and to the opportunity to be your REALTOR® in the future.

 Gabe’s December 2018 Housing Trends eNewsletter

Gabe’s December 2018 Housing Trends eNewsletter

Anglers Cove Condo With Ocean Access Dock Sold

Anglers Cove Condo With Ocean Access Dock Sold

Under contract in 23 days and sold 14 days later by Gabe Sanders, Stuart Florida Real Estate.  The sales price was $275,000.

Anglers Cove Condos on Hutchinson Island

Calling all boaters and fisherman!  Enjoy having your own private dock for up to a 30’ boat right outside your back door.  Enjoy the good life in this Hutchinson Island 2 bedroom, 2 bathroom condo with private beach access, a heated pool, clubhouse, additional storage, car wash and on-site manager.   This unit has wonderful water views with peaks at the wide Intracoastal Waterway from the Florida room, living room and dock.  The ocean inlet is only 10 to 15 minutes away depending on the sped of your boat.  This condo is located in the Anglers Cove community which is only minutes from the Stuart Causeway and all the shopping and amenities that Stuart has to offer.  This is a pet friendly community and will accept up to two dogs.  Boat trailer parking on site subject to availability.

About Anglers Cove:

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 10 buildings and 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

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

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

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

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

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

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

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

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida getaway for those cold winters up north!

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

Condo association fees vary depending on unit size but are roughly $525 to $867 per month. (as of July 2018).  The fees include maintenance and insurance for the common areas and Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer and building maintenance and insurance.

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

 

This is a pet friendly complex allowing for up to two large pets per unit and rentals are permitted with some restrictions.

Search here for all Anglers Cove condos for sale

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Anglers Cove Condo With Ocean Access Dock Sold

Sewalls Point Single Family Market Report November 2018

Sewalls Point Single Family Market Report November 2018

Sewalls Point Real Estate Snapshot, Residential Sales for November 2018

 

There are currently 68 active listings (Up by 11 homes from last month)

Sewalls Point Single Family Market Report November 2018

9 home sales are pending and awaiting close or lender approval (Up by 3 homes from October)

Sewalls Point Single Family Market Report November 2018

2 Homes sold in November (Decreased by 5 homes sales from October)

Sewalls Point Single Family Market Report November 2018

The single-family real estate market in Sewalls Point has continued to increase the number of homes for sale  (inventory).  And sales were down for the month, though pending sales improved.

The absorption rate jumped to 34 months, in October it was 8.1 months.  An extreme buyers market for Sewalls Point.  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 November 2017, the inventory was 47 homes on the market, 9 pending sales and there were 10 closed sales.  Much stronger activity on a smaller inventory of available homes last year.

Sewalls Point Single Family Market Report November 2018

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Sewalls Point Single Family Market Report November 2018