Jensen Beach FL 34957 Residential Market Report February 2018

Jensen Beach FL 34957 Residential Market Report February 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for February 2018

 For February 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 193 active listings. (Unchanged from last month)

Jensen Beach FL 34957 Residential Market Report February 2018

74 Residential sales are pending and awaiting close or lender approval. (Up by 5 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2018

40 Homes Sold (Increased by 16 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2018

The Jensen Beach FL 34957 Residential Market came back strong for februaryafter a somewhat lackluster beginning to 2018.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 4.8 months ( was 8.0 months in January).  Back into a seller’s market for Jensen Beach residential sales after a brief two months as a balanced and buyer’s market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2017 numbers were: 190 active listings, 96 pending sales, and 27 home sales closed.  Stronger sales volume this February but not quite as robust volume in the pending numbers.
Jensen Beach FL 34957 Residential Market Report February 2018
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

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach FL 34957 Residential Market Report February 2018

Island Crest Oceanfront Condo #909 Just Listed

Island Crest Oceanfront Condo #909 Just Listed

Island Crest Condos on Hutchinson Island

This 2 bedroom, 2 bathroom condo in the Island Crest building of Jensen Beach on Hutchinson Island is priced well below market value as the executive of the estate wants it sold.  This unit comes fully furnished and has beautiful ocean views as well as river views from the front.  This unit has a tankless water heater and the AC was new in 2009.  Island Crest has 2 pools, a spa, common area in the main building, tennis courts, and a detached clubhouse with a fitness room and another lounge which is shared with the Oceana South Building.  This condo is in need of updating.  There is also a drive-through car wash and the grounds are protected by a gated entry.  Please contact your Realtor for information about making an offer on this condo.  One pet less than 30 lbs. is allowed and there is a 90-day minimum rental period.

Click here for more info, price and pictures.

Island Crest Condos on Hutchinson Island Island Crest Condos on Hutchinson Island

About Island Crest Condos on Hutchinson Island

Island Crest Condos on Hutchinson Island in Jensen Beach FL

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12 story complex with 126 residential condos.  Sizes range from 2 bedroom, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Island Crest Condos on Hutchinson Island

Located north of the Jensen Beach Causeway and south of the Waveland public beach, Island Crest has many upscale amenities.  These include 2 pools, Jacuzzi, clubhouse with social areas and 2 kitchens, fitness room, ocean view billiards, bocce court, 2 tennis courts, basketball, grilling area, car wash and private beach access.

Island Crest Condos on Hutchinson Island Island Crest Condos on Hutchinson Island

1 small pet is permitted and rentals are allowed with a minimum of 3 months.  Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks).  Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Click here to see the currently available Island Crest Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Island Crest Oceanfront Condo #909 Just Listed

Palm City FL 34990 Residential Market Report February 2018

Palm City FL 34990 Residential Market Report February 2018

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for February 2018

For February 2018 in the 34990 Zip Code area of Palm City Florida :

 There are currently 415 active listings (Decreased by 1 homes from January)

Palm City FL 34990 Residential Market Report February 2018

144 Residential sales are pending and awaiting close or lender approval. (Up by 31 homes from last month)

Palm City FL 34990 Residential Market Report February 2018

55 Homes Sold in January (Down by 7 homes from January)

Palm City FL 34990 Residential Market Report February 2018

The Palm City FL, zip code 34990 residential real estate market rebounded some from a slow January.  The large increase in pending sales this month should translate into greater closed sales numbers in the coming months.
The monthly absorption rate decreased to 7.5 months from 8.7 months in January.  Remaining in a buyer’s market for the Palm City zip code 34990 area for residential sales, though trending back towards a balanced market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2017 numbers were:  445 active listings, 135 pending sales, and 56 closed sales.  Better pending activity this year and similar closed sales on a reduced number of available Palm City homes for sale.

Palm City FL 34990 Residential Market Report February 2018

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 Palm City Florida Real Estate for Sale:

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

 

Palm City FL 34990 Residential Market Report February 2018

Stuart Florida 34994 Residential Market Report February 2018

Stuart Florida 34994 Residential Market Report February 2018

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

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

There are currently 81 active listings (Down by 5 homes from January)

Stuart Florida 34994 Residential Market Report February 2018

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

Stuart Florida 34994 Residential Market Report February 2018

13 Homes Sold in January (Increased by 2 homes from January)

Stuart Florida 34994 Residential Market Report February 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida has gained inventory for two months in arow unlike most areas in Martin County.  Both sales and pending sales also increased.

The one-month absorption rate for the 34994 zip code for January dipped to 6.2 months from 7.8 months for January.  Returning to a balanced market 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 February 2017 numbers were 68 Active Listings, 25 pending sales, and 10 closed sales.  One of the few areas of Martin County with increased inventory from last year along with better sales volume.

Stuart Florida 34994 Residential Market Report February 2018

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 Stuart Florida Real Estate for Sale

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

 

Stuart, FL Real Estate

Business Opportunity Properties

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Stuart Florida 34994 Residential Real Estate Market Report February 2018

Sugar Hill Jensen Beach March 2018 Market Report

Sugar Hill Jensen Beach March 2018 Market Report

As of March 2018, there is 1 home on the market in Sugar Hill in Jensen Beach, FL.  This home is listed for $465,000 or $163.44 per sq. ft. of living area.

There are 2 Sugar Hill homes under contract and awaiting settlement.  The list prices were $380,000 and $599,900 for an average list price of  $489,950 which works out to $160.47 per sq. ft. of living area.  These homes were on the market for an average of 82 days before going under contract.

There have been 8 homes sold in the past 12 months in Sugar Hill.  Sales prices ranged from $395,000 up to $987,000 for an average sales price of $643,363 which equals $199.99 per sq. ft. of living area and averaged 95% of list price. The average days on market for these homes was 80 days prior to going under contract.

About Sugar Hill in Jensen Beach Florida:

Sugar Hill in Jensen Beach Florida

Sugar Hill in Jensen Beach is an eye-pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded by gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill in Jensen Beach FloridaSugarhill has very reasonable HOA fees of only $500.00 per year.

Sugar Hill in Jensen Beach Florida

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Sugar Hill in Jensen Beach Florida

Here are the currently available homes in Sugar Hill in Jensen Beach

For any questions you may have about March 2018 Market Report for Sugar Hill in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Sugar Hill Jensen Beach March 2018 Market Report

Hutchinson House East Condo Under Contract

Hutchinson House East Condo Under Contract

Hutchinson House East Condo Under Contract

Awesome Ocean views from this Hutchinson House East 2 bedroom 2 bath condo.  This unit is in the very desirable Hutchinson House East condominium located on beautiful Hutchinson Island. This complex has 2 pools, one on the ocean side and one on the river, with attached clubhouses. Boat slips are available for lease or purchase. As a bonus, this condo has excellent potential for seasonal rental income.

Hutchinson House East Condo Under Contract Hutchinson House East Condo Under Contract

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the Hutchinson House Condo complex is an ocean to Intracoastal complex with a variety of styles and views offering wonderful amenities that include ocean access docks, clubhouse, pools, spa/Jacuzzi, tennis and a private beach.

Hutchinson House East Condo Under Contract Hutchinson House East Condo Under Contract

Hutchinson House consists of 121 Condos, with the Ocean Side being Hutchinson House East and the riverside is called Hutchinson House West.  Both sides offer 2 and 3 bedroom condos with 2 or more bathrooms.  Many with spectacular views of the river and the crystal clear blue waters of the Atlantic Ocean.  Rentals are permitted with some restrictions on duration and frequency.  All ages are welcome and for full-time residents, their children will attend the Martin County School system.

Hutchinson House East Condo Under Contract Hutchinson House East Condo Under Contract

The Hutchinson House condos are one of the few condo developments that are pet-friendly and allows for up to 2 large pets.

Currently available condos in Hutchinson House on Hutchinson Island in Stuart, FL

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

Hutchinson House East Condo Under Contract

Moon River Jensen Beach March 2018 Market Report

Moon River Jensen Beach March 2018 Market Report

For March 2018, there is 1 home for sale in Moon River on Hutchinson Island in Jensen Beach FL.  This home is listed for $519,000 or $215.26 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There have been only 1 home sale in the past 12 months in Moon River.  Sales price was $295,000 which equals $205.00 per sq. ft. of living area and this home sold for 99% of list price.  The days on market was 37 days prior to an going under contract.

About Moon River in Jensen Beach Florida:

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River on Hutchinson Island in Jensen Beach
Home sizes range from 3 Bedroom, 3 bathroom two story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River on Hutchinson Island in Jensen Beach
This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River on Hutchinson Island in Jensen BeachMoon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

Moon River on Hutchinson Island in Jensen Beach

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the currently available homes in Moon River in Jensen Beach

 For any questions you may have about March 2018 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Moon River Jensen Beach March 2018 Market Report

Lake Grove March 2018 Market Report

Lake Grove March 2018 Market Report

There are currently 3 homes for sale in Lake Grove of Palm City, FL. List prices range from $519,900 up to $620,000. The average list price equals $574,133 which is $194.24 per sq. ft. of living area.

There are 2 homes currently under contract in Lake Grove.  List prices were $519,900 and $579,900 for an average list price of $549,900 which works out to $184.37 per sq. ft. of living area.  These homes averaged 127 days on the market prior to going under contract.

In the past 12 months, 5 homes have sold in the Lake Grove. Sale prices ranged from $439,990 up to $615,000
with an average sale price of $515,578 or $171.88 per sq. ft. of living area.  These homes averaged 92 days on market prior to accepting these sales offers and sold for an average of 95% of the last listed price.

About Lake Grove in Palm City FL:

Lake Grove in Palm City Florida
Google Earth image

Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.  As of March 2018, the Lake Grove HOA fees are a very reasonable $275 per quarter.

The common areas include two tennis courts, landscaped common areas and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

  

Click here to see the currently available Lake Grove Homes for Sale

If you like the Lake Grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

Lake Grove March 2018 Market Report

St Lucie County Townhouses and Condos January 2018 Market Report

St Lucie County Townhouses and Condos January 2018 Market Report

The St Lucie County Townhouses and Condos January 2018 Market Report began the year with mixed sales results. Close sales were down while pending sales were up.  Closed sales were down by 19.7% from last year (was up by 26.6% in December) while new pending sales were up by 21.2% for January (was up by 1.6% in December).

Prices increased with the median price increasing by 1.6% from last year (was down by 13.3% in December) while the average sales price increased by 17.9% (was up by 16.1% in December).

The inventory of available townhouses and condos increased by 52 units from last month to 568 units, which is 2.7% less than January 2017. The current supply is 5.7 months, which is 6.6% less than the 6.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market, but approaching a balanced one. 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 January 2018 Market Repo

Click here to view or download the full report:
St Lucie County Townhouses and Condos January 2018 Market Report

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.

 

St Lucie County Townhouses and Condos January 2018 Market Report

St Lucie County Single Family Homes January 2018 Market Report

St Lucie County Single Family Homes January 2018 Market Report

St Lucie County Single Family Homes January 2018 Market Report had weaker sales activity compared to last January. Closed sales were down by 3.0% (in December they were up by 3.3%) and new sales under contract (new pending sales) decreased by 2.4% (they were down by 5.3% last month).

Prices, however, continued to rise.  The median and average sales prices up by 11.9% and 8.6% respectively from last January (For December these numbers were up 6.9% and 4.9%).  These price rises are a bit less severe than we’ve experienced in the past few months.

Active listings increased by 168 homes down to 1,748 homes.  This inventory is 5.2% lower than last year.  The current supply of homes is  3.8 months (was 3.4 months for December) compared to 4.1 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes January 2018 Market Report

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.

 

St Lucie County Single Family Homes January 2018 Market Report

Martin County Townhouses and Condos January 2018 Market Report

Martin County Townhouses and Condos January 2018 Market Report

Martin County Townhouses and Condos January 2018 Market Report showed mixed activity for the first month of 2018.  Closed sales for the month were down by 1.2% (was up by 19.7% in December) while new sales under contract (new pending sales) were up by 21.3% from January 2017 (increased by 1.3% in December).

Prices continued their march higher for January as the median sales price increased by 5.2% (was up by 15.4% in December) while the average sales price increased by 14.0 % (was up by 41.9% in December) as compared to January of 2017.  Improved results from last month as well as last year.

The inventory of available townhouses and condos increased by 20 units to 416 properties as compared to last month.  This is 14.2% less than the January 2017 inventory.  Currently, there’s a 4.2 month supply of inventory (compared to 5.2 months for January 2017).  A strong seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos January 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos January 2018 Market Report

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.

Martin County Townhouses and Condos January 2018 Market Report

Wide Waterfront Condo Under Contract

Wide Waterfront Condo Under Contract

Magnificent views from this wide waterfront condo in Inlet Village in Indian River Plantation on Hutchinson Island in Stuart FL.  The new price is $305,000.

Inlet Village Condo in Indian River Plantation

Enjoy the good life from this riverfront condo in Inlet Village on Hutchinson Island in Indian River Plantation.  Gorgeous sweeping river views on the Intracoastal Waterway from your balcony. This is a 2 bedroom, two bathroom condo with an updated kitchen with Corian counter-tops.  Separate laundry room with washer and dryer included. Covered under building parking and a heated pool and barbecue area are some of the amenities.  All ages are welcome and each unit may have up to two large pets. Rentals are also permitted with a one-month minimum.

Inlet Village Condo in Indian River Plantation Inlet Village Condo in Indian River Plantation

Memberships are available for “The Ocean Club” which allows owners and tenants to enjoy privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach, there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have an enjoyable lunch. Within easy walking distance is the Indian River Plantation Marriott Resort where there is dining facilities as well as conference rooms.  There is a full-service marina on site as well.

Inlet Village Condo in Indian River Plantation Inlet Village Condo in Indian River Plantation

Make this your new home or a winter getaway from the cold north.

Inlet Village Condo in Indian River Plantation Inlet Village Condo in Indian River Plantation

About Inlet Village:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with sweeping views of lakes and the Indian River Plantation golf course.

Inlet Village Condo in Indian River Plantation Inlet Village Condo in Indian River Plantation

Inlet Village Condo in Indian River Plantation Inlet Village Condo in Indian River Plantation

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach, there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have an enjoyable lunch.

Inlet Village in Indian River Plantation

Inlet Village is one of the few pet-friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees (as of December 2017) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Inlet Village in Indian River Plantation

Search for Inlet Village Condos for Sale

Additional Indian River Plantation Condos you may wish to consider:
BayviewBeachwalkDunes ClubFairway VillasLakesideOcean HouseOcean TerracePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

 

Wide Waterfront Condo Under Contract

Martin County Single Family Homes January 2018 Market Report

Martin County Single Family Homes January 2018 Market Report

The Martin County Single Family Homes January 2018 Market Report showed mixed results to start the year.  Closed sales were up while pending sales (future closed sale) were off.  Closed sales were up by 11.0% (was down by 7.2% in December).  While new pending sales decreased by 22.0% as compared to January 2017 (Decreased by 23.1% in December).

Prices were mixed with the median sales price down by 2.4% from last year (up by 8.8% in December) while the average price increased by 1.2% (was down by 0.6% last month).

The inventory of available single-family homes increased from last month by 108 homes to 1033 units for December,  this is  8.7% less than last January.  The current supply of homes is 5.0 months, for January of last year, it was a 5.8 months supply.  We’re still 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 January 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes January 2018 Market Report

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.

Martin County Single Family Homes January 2018 Market Report

Florida Townhouses and Condos January 2018 Market Report

Florida Townhouses and Condos January 2018 Market Report

The Florida Townhouses and Condos January 2018 Market Report showed strong activity to begin 2018.  Closed sales were up by 5.9% as compared to last month’s increase of 6.0% and new sales under contract (new pending sales) increased by 8.1% (In December there was a 3.6% increase).

Prices also continue to rise.  Median sales prices were up by 11.7% (was up by 11.1% in December), while the average sales price increased by 17.1% (was up 17.8% in December).

The inventory of active listings decreased by 4.8% from January of last year.  For January 2018 we have 5.9 months of inventory (was 5.6 months in December) and compared to 6.4 months for January 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos January 2018 Market Report

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos January 2018 Market Report

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.

Florida Townhouses and Condos January 2018 Market Report

Florida Single Family Homes January 2018 Market Report

Florida Single Family Homes January 2018 Market Report

The Florida Single Family Homes January 2018 Market Report began 2018 with weaker sales volume. Closed sales were down by 1.3% (were up by 2.6% in December) and new sales under contract (new pending sales) were up by 0.1% (were down by 0.1% in December).

Prices, however, continue to rise when compared to last year.  With the median and average sales prices up by 9.1% and 12.3% respectively, compared to December’s 8.0% and 9.4%.

The inventory of available homes for sale fell by 7.3% from last year.  For January there was a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January of 2017 had a 4.2 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Florida Single Family Homes January 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes January 2018 Market Report

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.

Florida Single Family Homes January 2018 Market Report

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2017 Yearly Review had stronger activity when compared to 2016.  Year to year closed sales was up by 5.4% as compared to 2016 which saw a decrease of 6.6% and new sales under contract (new pending sales) increased by 6.0% (2016 saw a decrease of 11.5%).

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices increased significantly (year to year) by 18.9% and 13.0% respectively (2016 numbers were 5.9% and 2.9%).  Prices continue to rise.

Inventory decreased by 5.7% as compared to 2016’s increase of 8.1%. While the supply of inventory decreased to 5.1 months as compared to 5.7 months for 2016.  An even stronger seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2017 Yearly Review

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.

St Lucie County Townhouse and Condo Sales 2017 Yearly Review

St Lucie County Single Family Home Sales 2017 Yearly Review

St Lucie County Single Family Home Sales 2017 Yearly Review

The St Lucie County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had improved market activity for single family homes throughout the year of 2017.   Year to year closed sales was up by 4.3% (was down by 1.6% in 2016) and new sales under contract (new pending sales) increased by 0.8% (was down by 3.8% in 2016).

St Lucie County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices were up (2016 to 2017) by 13.9% and 10.6% respectively.   Showing strong gains in value, but not quite as much as in the last two years.  These numbers were 16.1% and 15.9% respectively in 2016.

The inventory of available homes for sale decreased by 8.5% from 2016 (When there was a 6.6% increase).  While the months supply of homes dropped to 3.4 months from 3.9 months for 2016.  Still in a strong sellers market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2017 Yearly Review

To view the complete 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.

St Lucie County Single Family Home Sales 2017 Yearly Review

de la Bahia Waterfront Condos March 2018 Market Report

de la Bahia Waterfront Condos March 2018 Market Report

For March 2018 there are 3 condos available for sale in de la Bahia.  These condos range in list price from $113,900 up to $199,000 for an average list price of $142,467 which equals $153.37 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $139,900 or $170.61 per sq. ft. of living area.  This condo was on the market for 19 days prior to going under contract.

In the last 12 months, 23 condos have sold.  Sales prices ranged from $88,000 up to $182,000 for an average sales price of $111,735 which works out to $141.37 per sq. ft. of living area.  These condos sold for an average of 92% of list price and went under contract in an average of 70 days on market.

About the de la Bahia Waterfront Condos:

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

de la Bahia Waterfront Condos

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

de la Bahia Waterfront Condos

This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

de la Bahia Waterfront Condos

The de la Bahia condominium complex is made up of 303 residences, 231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The marina is for the use of residents only, and for those condos that don’t have a deeded dock, there are vacant ones available for use.  Rental charges for the use of docks are not allowed, so there won’t be any charges.

de la Bahia Waterfront Condos

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

de la Bahia Waterfront Condos

The Yacht Club has monthly meetings with a guest speaker, raft-ups, picnics, luncheon cruises, gambling cruises, two socials, and for the last few years has sponsored a 3 to 5 day cruise in January. Membership is open to de la Bahia renters and owners only, boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

Martin County Townhouse and Condo Sales 2017 Yearly Review

Martin County Townhouse and Condo Sales 2017 Yearly Review

For the Martin County Townhouse and Condo Sales 2017 Yearly Review showed considerably better activity when compared to 2016 for this segment of the Martin County real estate market.   Year to year closed sales was up by 6.7% as compared to 2016 which was down by 8.6% and new sales under contract (new pending sales) increased by 1.0% (2016 saw a decrease of 6.2%).

Martin County Townhouse and Condo Sales 2017 Yearly Review

Both median and average sales prices were up (year to year) by 3.3% and 2.4% respectively (2016 numbers were 4.2% and 7.5%). Not as large an increase as in previous years which is much more sustainable.

Inventory decreased by 7.3% as compared to 2016’s decrease of 14.2%. While the supply of inventory dropped to 4.0 months as compared to 4.6 months for 2016.  Remaining in a seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2017 Yearly Review

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.

Martin County Townhouse and Condo Sales 2017 Yearly Review

Martin County Single Family Home Sales 2017 Yearly Review

Martin County Single Family Home Sales 2017 Yearly Review

The Martin County Single Family Home Sales 2017 Yearly Review as reported by Florida Realtors showed better activity when compared to 2016 for the Martin County single family housing market.   Year to year closed sales was up by 2.7% (was down by 4.1% in 2016) and new sales under contract (new pending sales) decreased by 0.3% (was down by 8.1% in 2016).

Martin County Single Family Home Sales 2017 Yearly Review

Both median and average sales prices continued to rise (2016 to 2017) by 8.7% and 9.4% respectively.  These values were 4.3% and 0.0% respectively in 2016.

The inventory of available homes for sale decreased by 7.3% from 2016.  While the months supply of homes decreased to 4.5 months.  Still a seller’s market.  Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2017 Yearly Review

To view the complete 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.

Martin County Single Family Home Sales 2017 Yearly Review