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Florida Townhouses and Condos August 2017 Market Report
Florida Townhouses and Condos August 2017 Market Report
The Florida Townhouses and Condos Market Report for August 2017 showed continued growth when compared to last year with a nice rise in new pending sales. Closed sales were up by 2.6% as compared to last month’s increase of 3.6% and new sales under contract (new pending sales) increased by 8.1% (In July there was a 3.6% increase).
Prices continue to go up. Median sales prices were up by 6.3% (was up by 6.8% in July), while the average sales price increased by 5.5% (was up 9.8% in July).
The inventory of active listings decreased by 3.1% from August of last year. For August 2017 we have 5.4 months of inventory (was 5.6 months in July) and compared to 5.7 months for August 2016. We remain in a slight 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.
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 August 2017 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 August 2017 Market Report
Florida Single Family Homes August 2017 Market Report
Florida Single Family Homes August 2017 Market Report
The Florida Single Family Homes Market Report for August 2017 continues to improve as compared to last August though at a reduced rate from the past few years and months. Closed sales were up by 0.9% (were up by 2.0% in July) and new sales under contract (new pending sales) were up by 2.2% (were up by 3.3% in July).
Both the median and average sales prices continued to rise when compared to last year. Up by 6.7% and 7.7% respectively, compared to July’s 7.1% and 5.7%.
The inventory of available homes for sale fell by 4.5% from last year. For August there was a 3.8 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August of 2016 had a 4.1 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 is once again decreasing which continues to put pressure on rising prices and sales.
Click here to view or download the full report:
Florida Single Family Homes August 2017 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 August 2017 Market Report
Hobe Sound FL 33455 Condo Market Report August 2017
Hobe Sound FL 33455 Condo Market Report August 2017
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for August 2017
For August 2017 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 15 active condo listings. (Decreased by 4 condos from July)
4 Condos are pending and awaiting close. (Up by 1 condo from July)
6 Condos sold in August. (Increased by 6 condos from July)
The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. A nice increase in sales for the month as compared to no sales for July.
The absorption rate for Hobe Sound condos was 5 months for August as compared to no sales in July). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The August 2016 numbers were: 4 active listings, 5 pending sales, and 3 closed sales. Better overall activity this year when compared to last year.
Hobe Sound Florida Real Estate presented by:
Gabe Sanders
Hobe Sound FL 33455 Condo Market Report August 2017
de la Bahia Waterfront Condos September 2017 Market Report
de la Bahia Waterfront Condos September 2017 Market Report
For September 2017 there are 3 condos available for sale in de la Bahia. These condos range in list price from $113,900 up to $129,900 for an average list price of $121,267 which equals $157.50 per sq. ft. of living area.
There are 4 condos currently under contract. Listing prices ranged from $98,000 up to $125,000 for an average list price of $111,950 or $149.02 per sq. ft. of living area. These condos averaged 89 days on the market before going under contract.
In the last 12 months, 19 condos have sold. Sales prices ranged from $88,000 up to $182,000 for an average sales price of $115,811 which works out to $141.72 per sq. ft. of living area. These condos sold for an average of 93% of list price and went under contract in an average of 95 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.
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.
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.
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.
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.
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
Hobe Sound FL 33455 Residential Market Report August 2017
Hobe Sound FL 33455 Residential Market Report August 2017
Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2017
For August 2017 in the 33455 Zip Code area of Hobe Sound, Florida :
There are currently 173 active listings. (Decreased by 35 homes from July)
62 Residential sales are pending and awaiting close (Down by 20 homes from July)
52 Homes Sold in August (Up by 19 homes from last month)
The Hobe Sound Florida Market Report ZIP Code 33455 lost the inventory it gained last month on improved sales volume but also showed a reduced pending sales volume.
The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 3.3 months ( 6.3 months in July). Back into a seller’s market after a brief month as a balanced market for Hobe Sound residential real estate. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.
The numbers for August 2016 were: 172 active listings, 89 pending sales, and 60 closed sales. Better volume of closed sales last year with better pending sales this year and just about the same inventory.
Search here for Hobe Sound Florida Real Estate for Sale
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Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team
Hobe Sound FL 33455 Residential Market Report August 2017
Jensen Beach FL 34957 Residential Market Report August 2017
Jensen Beach FL 34957 Residential Market Report August 2017
Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for August 2017
For August 2017 in the 34957 Zip Code area of Jensen Beach, Florida:
There are currently 143 active listings. (Down by 22 homes from last month)
77 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from July)
48 Homes Sold (Up by 21 homes from July)
Search here for Jensen Beach Real Estate for Sale
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Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team
Jensen Beach FL 34957 Residential Market Report August 2017
Banyan House Condos Stuart FL September 2017 Market Report
Banyan House Condos Stuart FL September 2017 Market Report
There are currently no condos for sale in the Banyan House.
There are also no condos with a pending contract.
In the past 12 months, 6 condos have sold in the Banyan House. Sales prices were from $135,000 up to $190,000 for an average sales price of $165,167 which equals $120.56 per sq. ft. of living area. These condos averaged 33 days on market before going under contract and sold for an average of 96% of list price.
About the Banyan House Condos in Stuart FL:
Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart. This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.
The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities. All ages are welcome and up to 1 medium sized pet is also allowed. Rentals are also allowed with some restrictions. For 2017, the association fees are $427 per month. These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.
Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.
These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community. Condos tend to sell very quickly when they come on the market. Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.
Search here for any current listings in the Banyan House Condo Complex.
Banyan House Condos Stuart FL September 2017 Market Report
Palm City FL 34990 Residential Market Report August 2017
Palm City FL 34990 Residential Market Report August 2017
Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for August 2017
For August 2017 in the 34990 Zip Code area of Palm City Florida :
There are currently 346 active listings (Decreased by 52 homes from June)
128 Residential sales are pending and awaiting close or lender approval. (Down by 37 homes from last month)
95 Homes Sold in June (Down by 1 home from June)
The August 2016 numbers were: 391 active listings, 116 pending sales, and 68 closed sales. Stronger activity for this year with a fairly big decrease in inventory.
Search here for Palm City Florida Real Estate for Sale:
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Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team
Palm City FL 34990 Residential Market Report August 2017
Kiching Cove Waterfront Acreage Reduced
Kiching Cove Waterfront Acreage Reduced
1033 SE Mitchell Ave in the Sandpiper-Club Med area of Port St. Lucie has a new price of $920,000.
A unique opportunity to purchase a 2.6 (+/-) acre waterfront parcel in the Sandpiper area of Port St. Lucie. This vacant lot has gorgeous wide water views of Kiching Cove off the North Fork of the Saint Lucie River. Over 400 feet of ocean access water frontage and an existing dock (in need of repair) that can handle large yachts and the option to rebuild the old boat house exists. There are many mature moss-filled oak trees and sable palms on the property as well as the remains of an older CBS home. This large parcel is suitable for a grand estate or there’s a potential to subdivide into numerous parcels. (Check with the City for details.) Located close to the Club Med resort and only a short distance from shopping, restaurants and medical facilities along the US-1 corridor. This is truly a breathtaking and one of a kind property that does not come available for purchase very often.
View more pictures and information here
Search here for all waterfront land
Presented by Gabe Sanders
Stuart Florida Real Estate
772-888-2885
Kiching Cove Waterfront Acreage Reduced
Stuart Florida 34994 Residential Real Estate Market Report August 2017
Stuart Florida 34994 Residential Real Estate Market Report August 2017
Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2017
For August 2017 in the 34994 Zip Code area of Stuart, Florida :
There are currently 77 active listings (Increased by 2 homes from July)
26 Residential sales are pending and awaiting close or lender approval (Decreased by 3 homes from last month).
16 Homes Sold in July (Increased by 4 homes from July)
The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had strong activity for August with strong sales activity.
The one month absorption rate for the 34994 zip code for August dropped to 4.8 months from 6.25 months for July. Bringing the 34994 zip code area of Stuart, FL back into a sellers’ market. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.
The August 2016 numbers were 64 Active Listings, 25 pending sales, and 13 closed sales. Better sales and pending activity this year with a little larger inventory.
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
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Stuart Florida 34994 Residential Real Estate Market Report August 2017
Willoughby Cay Real Estate Market Report September 2017
Willoughby Cay Real Estate Market Report September 2017
As of September 2017 there are no homes for sale in Willoughby Cay.
One home is currently under contract. The list price was $244,900 which is $172.95 per sq. ft. of living area. This home went under contract 2 days after it was listed.
In the past 12 months, 7 homes have sold. Sales prices ranged from a low of $218,000 up to $261,000 for an average sales price of $242,271 which equals $160.37 per sq. ft. of living area. These homes averaged 98 days on market before going under contract and sold for an average of 98% of list price.
About Willoughby Cay in Stuart FL:
Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attached villas each (for a total of 102 residences). These homes were built from 2002 to 2004 by Showcase Designer Homes.
These homes come in two basic floor plans. A 2 bedroom, 2 bathroom with two car garage with 1,398 sq. ft. of living area and a 3 bedroom (or 2 bedroom plus den), 2 bathroom with 2 car garage featuring 1,547 sq. ft. of living area.
There is no community pool or other amenities in Willoughby Cay. A few homes have their own pools located in the back yards. Membership is available for the Willoughby Golf Club across the street.
Willoughby Cay is for all ages and is pet-friendly allowing for up to two pets of medium size or smaller. Rentals are also allowed with some restrictions. The current HOA fee (as of September 2017) is $220.00 a month and these funds cover Basic Cable TV, Common Areas, Lawn Care, Management Fees, Roof Maintenance and Trash Pickup.
Children living in Willoughby Cay are zoned for the Pinewood Elementary School, Dr. David L. Anderson Middle School, and Martin County High School.
This community is conveniently located just minutes away from shopping, restaurants, beaches and boat ramps, medical facilities as well as easy access to I-95 and historic downtown Stuart.
This is a very desirable community where homes coming up for sale tend to sell fast.
Click here to see available Willoughby Cay homes for sale
Willoughby Cay Real Estate Market Report September 2017
St Lucie County Townhouses and Condos July 2017 Market Detail
St Lucie County Townhouses and Condos July 2017 Market Detail
The St Lucie County Townhouses and Condos Market Detail for July 2017 showed some strong growth as compared to last July. Closed sales were up by 26.8% from last year (were down by 19.6% in June) while new pending sales were unchanged for July (was up by 33.3% in June).
Values continue to rise with the median price up by 17.5.% (was up by 4.7% in June) while the average sales price increased by 0.4% (was up by 17.9% in June). Price rises should moderate some in the coming months.
The inventory of available townhouses and condos decreased by 7 unit from last month to 499 units, which is 1.6% less than July 2016. The current supply is 5.1 months, which is equal to the 5.1 months of inventory last year. The St Lucie County townhouses and condos market continues to be a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.
Click here to view or download the full report:
St Lucie County Townhouses and Condos July 2017 Market Detail
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 July 2017 Market Detail
St Lucie County Single Family Homes July 2017 Market Detail
St Lucie County Single Family Homes July 2017 Market Detail
St Lucie County Single Family Homes Market Detail for July 2017 showed improved activity as compared to last June as well as last month. Closed sales were up by 8.5% (in June they were unchanged) and new sales under contract (new pending sales) increased by 1.2% (they were down by 10.6% last month).
Prices continued to rise. The median and average sales prices up by 14.3% and 10.2% respectively from last July (For June these numbers were up 10.7% and 4.5%). These price increases are making home affordability an issue in St Lucie County.
Active listings increased by 30 homes down to 1,613 homes. This inventory is 10.1% higher than last year. The current supply of homes is 3.5 months (was also 3.5 months for June) and 3.3% for last year. This is 6.1% higher than 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.
Click here to view or download the full report:
St Lucie County Single Family Homes July 2017 Market Detail
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 July 2017 Market Detail
Martin County Townhouses and Condos July 2017 Market Detail
Martin County Townhouses and Condos July 2017 Market Detail
Martin County Townhouses and Condos Market Detail for July 2017 continues to improve when compared to last summer. Closed sales for the month were up by 11.1% (were down by 17.4% in June) while new sales under contract (new pending sales) were up by 14.4% from July 2016 (decreased by 12.3% in June).
Prices were mixed for July as the median sales price decreased by 4.8% (were down by 0.4% in June) while the average sales price increased by 4.9% (was down by 3.0% in June) as compared to July of 2016. A little better than last month with both median and average price decreases.
The inventory of available townhouses and condos increased by 24 units to 420 properties as compared to last month. This is 14.1% greater than the July 2016 inventory. Currently, there’s a 4.5 month supply of inventory (a 21.6% increase from last year which was 3.7 months). Still a sellers’ 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.
Click here to view or download the full report:
Martin County Townhouses and Condos July 2017 Market Detail
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 July 2017 Market Detail
Martin County Single Family Homes July 2017 Market Detail
Martin County Single Family Homes July 2017 Market Detail
The Martin County Single Family Homes Market Detail for July 2017 showed continued growth as compared to last July. Closed sales were unchanged (were up by 8.7% in June). New pending sales increased by 22.3% as compared to July of 2016 (Increased by 7.2% in June).
Prices continued to rise with the median sales price up by 10.9% from last year (up by 6.0% in June) while the average price increased by 7.2% (was down by 6.3% last month).
The inventory of available single family homes increased from last month by 40 homes to 1,068 units for July, this is 10.4% greater than last July. The current supply of homes is 5.3 months, for July of last year it was a 4.8 months supply. (This is a 10.4% increase from last year). Still a sellers’ 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.
Click here to view or download the full report:
Martin County Single Family Homes July 2017 Market Detail
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 July 2017 Market Detail
Florida Townhouses and Condos July 2017 Market Detail
Florida Townhouses and Condos July 2017 Market Detail
The Florida Townhouses and Condos Market Detail for July 2017 showed continued growth when compared to last year although at a slightly slower rate. Closed sales were up by 3.6% as compared to last month’s increase of 4.9% and new sales under contract (new pending sales) increased by 3.6% (In June there was an 6.4% increase).
Prices rose for the month. Median sales prices were up by 6.8% (was up by 7.2% in June), while the average sales price increased by 9.8% (was up 5.9% in June). Back to steadily increasing values.
The inventory of active listings decreased by 1.2% from July of last year. For July 2017 we have 5.6 months of inventory (was 5.8 months in June) and compared to 5.8 months for July 2016. We remain in a sellers’ 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.
Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos July 2017 Market Detail
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 July 2017 Market Detail
Florida Single Family Homes July 2017 Market Detail
Florida Single Family Homes July 2017 Market Detail
The Florida Single Family Homes Market Detail for July 2017 continues to improve as compared to last July though at a reduced rate from the past few years and months. Closed sales were up by 2.0% (were up by 4.3% in June) and new sales under contract (new pending sales) were up by 3.3% (were up by 2.2% in June).
Both the median and average sales prices continued to rise when compared to last year. Up by 7.1% and 5.7% respectively, compared to June’s 8.9% and 7.3%.
The inventory of available homes for sale fell by 2.7% from last year. For July there was a 3.9 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (July of 2016 had a 4.1 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 is once again decreasing which continues to put pressure on rising prices and sales.
Click here to view or download the full report:
Florida Single Family Homes July 2017 Market Detail
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.