Martin Downs Country Club July 2017 Market Report

For July 2017, there are 15 active listings in the Martin Downs Country Club. List prices range from $199,900 up to $594,900 for an average list price of $358,887 which works out to $157.71 per sq. ft. of living area.

There are 14 homes currently under contract. List prices were from $215,000 up to $649,000 for an average list price of $334,721 which equals $148.60 per sq. ft. of living area. These homes averaged 49 days on market before going under contract.

In the past 12 months, 69 properties have sold in the Martin Downs Country Club. Sales prices ranged from $123,100 up to $638,000 which is an average sales price of $253,237 or $128.99 per sq. ft. of living area. These homes averaged 61 days on market and sold for 97% of list price.

About the Martin Downs Country Club:

The Martin Downs Country Club in Palm City is a gated community comprising of a number of different sub-communities all anchored by the two 2 championship 18 hole golf courses (one of which is currently not in use). In addition, there is the Martin Downs Sports Resort facility with twelve tennis courts, two pools, spa, and fitness center! Very well located just minutes from Florida’s Turnpike and I-95, this community is a dream for the commuter.

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums. Some of the communities within the Martin Downs Country Club include the Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Quail Meadow, Starling Court and the Clubhouse Court Condos.

HOA fees and pet restrictions vary by community. For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Search here for all Martin Downs Real Estate for Sale

Martin Downs Country Club July 2017 Market Report

Hidden Bay in Palm City FL July 2017 Market Report

07.12.17 by Gabe Sanders

Hidden Bay in Palm City FL July 2017 Market Report

As of July 2017, there is one home for sale in Hidden Bay in Palm City FL. This home is listed for $1,250,000 which is $250.85 per sq. of living area.

There is one home under contract. It was listed for $679,900 which equals $225.96 per sq. of living area. This home was on the market for 210 days before going under contract.

There have been no sales in Hidden bay in the past 12 months.

About Hidden Bay in Palm City FL:

Hidden Bay in Palm City FL

A very private community in northern Palm City just off Murphy Road with a number of waterfront homes on Bessey Creek. There are just 30 homes in this community which is not gated and has no HOA fees nor any amenities of a homeowners’ association.

Hidden Bay in Palm City FL

The first home recorded in Hidden Bay was built in 1978 with the last one completed in 2013. There appears to be one remaining vacant lot which is not currently (March 2016) for sale. There are 11 ocean access waterfront homes as well as 5 non-ocean access waterfront homes with the remaining homes not being waterfront in Hidden Bay.

Hidden Bay in Palm City FL

Homes in Hidden Bay range from under 2,000 sq. ft. ranch homes to just under 5,000 sq. ft. two story estate style homes with up to 5 bedrooms and 4 bathrooms. Children are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Click here to see if any Hidden Bay Homes are available for sale.

Hidden Bay in Palm City FL July 2017 Market Report

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

07.11.17 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2017

For June, 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 72 active listings (Increased by 1 homes from May)

34 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from last month).

16 Homes Sold in May (Up by 3 homes from May)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues into summer with solid market activity.

The one month absorption rate for the 34994 zip code for June increased to 5.5 months from 4.4 months for May. Making a movement closer 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 June 2016 numbers were 70 Active Listings, 33 pending sales and 17 closed sales. Better closed activity last year though the current pending numbers may show better upcoming closed sales for this year.

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

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
- Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

Commercial Properties

Land Properties

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

Residential Income Properties

Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

Stuart Florida Market Report ZIP Code 34994 Residential June 2017

Lakeside Emerald Lakes Townhome Stuart FL Sold

07.09.17 by Gabe Sanders

Lakeside Emerald Lakes Townhome Stuart FL Sold

This townhome was on the market for 42 days before going under contract with a buyer introduced to the property by Gabe Sanders – Stuart FL real estate. The sales price was $150,000 for this home.

Lakeside townhome in Emerald Lakes in Stuart, FL. The views at dusk are wonderful here especially during December to March. This updated home has newer stainless steel kitchen appliances, brand new Trane high-efficiency central HVAC system, fresh paint, renovated bathroom showers, and new vanity in the 1/2 bath and guest bath. This is a must see for affordable, move in ready, lakefront lifestyle. The community boasts 2 large swimming pools, community rooms, tennis courts, and so much more with security.

The community of Emerald Lakes lies in the Port Salerno area of Stuart, Florida and consists of 400 2 and 3 bedroom townhomes and 130 single family villas. The townhomes and villas are governed by two separate homeowners association yet share many of the same amenities.

Spread out over 100 acres of beautiful Florida landscape, with 3 ‘Emerald Lakes’, miles of walking paths, 7 tennis courts, 3 heated pools and two clubhouses. Very conveniently located within walking distance of a Publix Grocery store, Beall’s, Walgreen’s, Banks, Gold’s Gym, etc.

Just a few miles away are numerous Golf Courses, Martin County’s famous waterways, marinas, beaches and also within minutes of I-95 for easy access to locations both north and south. Fort Lauderdale is only a little over an hour to the south and Disney World is just over 2 hours to the north. A perfect location!

Residents of Emerald Lakes enjoy the good life with low HOA fees and an excellent management staff for both Home Owners’ Associations.

Currently Available Homes and Town Homes in Emerald Lakes

Lakeside Emerald Lakes Townhome Stuart FL Sold

Rocky Point July 2017 Market Report

07.06.17 by Gabe Sanders

Rocky Point July 2017 Market Report

Here is your Rocky Point July 2017 market Report in Stuart Florida:

There are currently 36 active listings in Rocky Point. List prices range from a low of $92,000 up to $1,795,000 which results in an average list price of $380,036 or $177.49 per square foot of living area.

17 homes and condos are under contract (pending sales) and awaiting closing. Listing prices ranged from $62,000 up to $795,000 for an average list price of $299,512 which is $178.19 per square foot of living area. These properties averaged 122 days on the market before accepting a contract.

In the past 12 months, 149 properties have sold in Rocky Point with sales prices ranging from $49,000 to $1,594,500 for an average sales price of $264,273 which equals $146.60 per square foot of living area. The average days on market was 65 with a 95% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida. Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods. Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps. Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities. There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

Bordering Rocky Point to the north and west is the Manatee Pocket. Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capitol of the World’). Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival. Held yearly in the winter, this free festival fills the streets of Historic Port Salerno. In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Search here for available homes in Rocky Point

Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking. Don’t miss the opportunity of a lifetime. Search instantly for any size, location, price range to get you the BEST deal around!!!

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the Gabe Sanders real estate team

Rocky Point July 2017 Market Report

Happy Birthday USA

07.04.17 by Gabe Sanders

July 4th 2017

Never more. meaningful. Never more. important. Never more. powerful. Never more. true. Celebrate the Spirit of America. HAPPY FOURTH of JULY

Lakeside Jensen Beach Golf and Country Club Home Under Contract

07.03.17 by Gabe Sanders

Lakeside Jensen Beach Golf and Country Club Home Under Contract

3534 NW Pin Oak Drive in the Jensen Beach Golf and Country Club is now under contract with the buyer represented by Gabe Sanders, Stuart FL real estate.

Jensen Beach Country Club lakeside 3 Bedroom 2 Bath home with a southeast exposure that will maximize the predominant sea breezes fo the area. This well-maintained home has room for a pool if desired, yet, it is only a few steps away from the community pool, clubhouse and tennis courts. There is a living and dining room combination in the front of the home and a spacious family room off of the kitchen with access to the screened patio overlooking the large back yard and lake.

The Jensen Beach Country Club and it’s associated golf course, Eagle Marsh is located in Martin County north of West Palm Beach between Jupiter and Port St. Lucie along Highway 1 near St Lucie Inlet and the Atlantic seacoast. It is just minutes from both the Florida Turnpike and I-95. This once quiet Oceanside town is fast becoming the area’s center for arts, entertainment and recreation with a wide variety of restaurants and shopping to choose from.

Jensen Beach Country Club is truly an oasis nestled in the heart of Jensen Beach with over half of its total acreage dedicated to nature preserves and a championship Tommy Fazio golf course. The community has two clubhouses one featuring a Golf Pro Shop and restaurant with second showcasing a community swimming pool, tennis courts and facilities for dancing and private parties.

Eagle Marsh is proud to be part of the community and is proud of the organizations surrounding the Golf Course as a whole. Our membership is comprised of some of the finest people around and our members have proven to be supportive, enthusiastic and fun.

The members of Eagle Marsh Golf Club have worked hard to establish and organize both the Men’s Golf Association and the Women’s Golf Association, where throughout the year, enjoy many events and outings which are elegant, exciting and some times competitive. Eagle Marsh Golf Club is proud to be considered home for the associations and looks forward to what the future holds.

Eagle Marsh Golf Club is an 18-hole regulation length golf course. This medium-length layout features 5 sets of tee-boxes for the enjoyment of golfers of all skill levels.

Jensen Beach Country Club Homes for Sale

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Jensen Beach Florida Real Estate presented by:

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Lakeside Jensen Beach Golf and Country Club Home Under Contract

Central Stuart Home with Guest Quarters Reduced

07.02.17 by Gabe Sanders

Central Stuart Home with Guest Quarters Reduced

The price for 316 SE Martin Ave. in Stuart FL has been reduced to $625,000.

Welcome to Casa Bella in the heart of Stuart FL. This is a custom designed 2014 2 bedroom, 2 and ½ bathroom home built to the highest standards on a double lot with a detached cottage featuring a full kitchen and bath. The main home features a chef’s kitchen with quartz counter tops, top of the line appliances with a 6 burner wolf gas range, ice maker, wine cooler and a large island. A beautiful master bedroom with wood inlays in the ceiling, spacious walk-in closet along with two additional smaller closets. The second bedroom also boasts a walk-in closet and has its own ensuite bathroom. A dedicated laundry room with top of the line Maytag washer and dryer included with the home. Spacious two car garage with many built ins and room for additional storage. A large open living area overlooks the covered patio and landscaped back yard with a gas powered fire pit.

The guest cottage was built in the 1960’s but was extensively updated in 2012 and a new roof was installed in 2016. This cottage has a full bath and kitchen along with two spacious closets and a Murphy bed that coveys with the property

There is a dedicated boat parking spot in the backyard and a gate to ensure ease of access for ingress and egress. Many fruit trees and lush landscaping is highlighted in this lovely outdoor space.

This home was constructed to exceed the latest City of Stuart building codes (2010). This home was designed to withstand 160 M.P.H. wind gusts with PGT Winguard hurricane and impact resistant windows. More information and the full home specs are available.

More pictures and information here!

Search for all Stuart FL real estate

Central Stuart Home with Guest Quarters Reduced

Call Gabe Sanders at 772-888-2885 with your questions or for additional information.

St Lucie County Townhouses and Condos May 2017 Market Detail

06.28.17 by Gabe Sanders

St Lucie County Townhouses and Condos May 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for May 2017 showed weaker sales activity when compared to last May. Closed sales were down by 7.1% from last year (were down by 11.2% in April) while new pending sales decreased by 0.8% (was down by 10.0% in April).

Values, however, continue to rise at surprising rates with the median price up by 24.8% (was up by 35.0% in April) while the average sales price increased by 23.9% (was up by 19.6% in April). I’ve been expecting prices to moderate for some time so these increases continue to be quite unexpected.

The inventory of available townhouses and condos decreased by 42 unit from last month to 526 units, which is 11.4% less than May 2016. The current supply is 5.6 months, which is 5.1% lower than the 5.9 months of inventory last year. The St Lucie County townhouses and condos market has slipped back into 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 May 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 May 2017 Market Detail

St Lucie County Single Family Homes May 2017 Market Detail

06.27.17 by Gabe Sanders

St Lucie County Single Family Homes May 2017 Market Detail

St Lucie County Single Family Homes Market Detail for May 2017showed continued growth when compared to last May. Closed sales were up by 10.0% (in April they were down by 0.6%) and new sales under contract (new pending sales) increased by 9.2% (they were down by 5.5% last month).

Prices, also, continue to show increases. The median and average sales prices up by 16.5% and 16.5% respectively from last May (For April these numbers were up 14.3% and 7.0%). These price increases are making home affordability an issue in St Lucie County.

Active listings decreased by 59 homes down to 1,591 homes. This inventory is 4.1% lower than last year. The current supply of homes is at 3.5 months (was 3.7 months for April) This is 2.8% lower 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 May 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 May 2017 Market Detail

Oceanrise Condos in Jensen Beach June 2017 Market Report

06.27.17 by Gabe Sanders

Oceanrise Condos in Jensen Beach June 2017 Market Report

For June 2017 there are no condos available to purchase in Oceanrise on Hutchinson Island in Jensen Beach FL.

There is one condo under contract. This condo was listed for $230,000 or $225.27 2 per sq. ft. of lliving area and was on the market for 20 days before going under contract.

In the past 12 months, 6 Oceanrise condos have sold. Sales prices ranged from a low of $175,000 up to a high of $219,000 for an average sales price of $202,250 which equals $198.12 per sq. ft. of lliving area. These condos sold for an average of 96% of list price and were on the market for an average of 84 days before going under contract.

About Oceanrise Condos in Jensen Beach:

Located just north of Waveland Beach in Jensen Beach on Hutchinson Island, Oceanrise is a 7 story building that was opened for sale in 1979. All the residences in Oceanrise are 2 bedroom, 2 bathroom with one exception for a corner penthouse double unit which has 2042 sq. ft. of in the unit living area. The other 68 homes have either 1,086 or 1,021 sq. ft. of living area and additional balcony space.

The current Condo fees as of June 2017 were $450 per month. Sorry, no pets are allowed in Oceanrise, but rentals are permitted with a minimum stay restriction.

Residents can enjoy the heated pool and their own private access to the beach. There are also shuffleboard courts as well as a clubhouse and BBQ grill area.

Click here to search for available Oceanrise Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceanrise Condos in Jensen Beach June 2017 Market Report

Martin County Townhouses and Condos May 2017 Market Detail

06.26.17 by Gabe Sanders

Martin County Townhouses and Condos May 2017 Market Detail

Martin County Townhouses and Condos Market Detail for May 2017showed continued growth in sales activity when compared to last May, though at a slow pace. Closed sales for the month were up by 2.5% (were down by 1.5% in April) while new sales under contract (new pending sales) were up by 1.0% from May 2016 (decreased by 2.6% in April).

Prices rose for May as the median sales price increased by 7.3% (was down by 8.4% in April) while the average sales price increased by 6.4% (was down by 0.2% in April) as compared to May of 2016. This is a reversal of last months activity.

The inventory of available townhouses and condos decreased by 11 units to 421 properties as compared to last month. This is 0.7% greater than the May 2016 inventory. Currently, there’s a 4.5 month supply of inventory (a 7.1% increase from last year which was 4.2 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 May 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 May 2017 Market Detail

The Reef in Rocky Point June 2017 Market Report

06.26.17 by Gabe Sanders

The Reef in Rocky Point June 2017 Market Report

In june 2017 there is only one home available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL. This home is listed for $509,900 or $232.62 per sq. ft. of living area.

There are no homes under contract in this community.

In the past 12 months, only one home has sold in the reef. This home sold for $455,000 which is $230.15 per sq. ft. of living area. This home sold for 93% of the list price and was on the market for 43 days before going under contract.

About The Reef in Rocky Point:

The Reef is one of the few newer gated communities in the Rocky Point area of Stuart FL. This is an exclusive subdivision with 52 home sites, 11 of which are larger waterfront estates located just a short boat ride away from the Atlantic Ocean through the Saint Lucie Inlet.

Homes in the Reef were built from 1994 to 2007. There are still some vacant lots that have yet to be built on including one waterfront parcel. Home sizes range from 3 bedroom, 2 bathroom homes with just under 2,000 sq. ft. of living area all the way up to 5 bedroom, 4 bath waterfront homes with over 6,000 sq. ft. of living space on over an acre lots.

As of June 2017, the HOA fee is a very reasonable $74.00 per month which pays for maintenance of the common areas, management fees, trash pickup and the community tennis court.

The Reef is in the Martin County School District and children attend the Port Salerno Elementary school, Murray Middle School and South Fork High School.

Rocky Point was originally a fishing village and many fishermen remain in the area. It is surrounded by the Intracoastal on the east side and the Manatee Pocket on the North and South sides. Easy access to many marinas, great seafood restaurants as well as the great lifestyle of Martin County FL.

Click here to search for homes for sale in the Reef of Rocky Point

Click here to search for all Rocky Point homes for sale and condos for sale

The Reef in Rocky Point June 2017 Market Report

Martin County Single Family Homes May 2017 Market Detail

06.25.17 by Gabe Sanders

Martin County Single Family Homes May 2017 Market Detail

The Martin County Single Family Homes Market Detail for May 2017 showed continued growth when compared to last May. Closed sales were up by 8.3% (was down by 2.3% in April). New pending sales increased by 24.2% as compared to May of 2016 (Decreased by 18.2% in April).

Prices continued to rise with the median sales price up by 8.3% from last year (up by 2.8% in April) while the average price increased by 35.4% (was up by 0.8% last month).

The inventory of available single family homes decreased from last month by 9 homes to 1,036 units for May, this is still 5.0% greater than last May. The current supply of homes is 5.1 months, for May of last year it was a 4.8 months supply. (This is a 6.3% 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 May 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 May 2017 Market Detail

Woodmill Pond Townhomes in Stuart FL June 2017 Market Report

06.25.17 by Gabe Sanders

Woodmill Pond Townhomes in Stuart FL June 2017 Market Report

As of June 2017, there are two homes available to purchase in the Woodmill Pond community of Stuart FL. These two homes were listed for $230,000 and $234,000 for an averagelist price of $232,000 which equals $102.58 per sq. ft. of living area.

There is one home currently under contract. The list price was $219,000 or $98.38 per sq. ft. of living area. This home was on the market for 21 days before going under contract.

In the past 12 months, 7 townhomes have sold in Woodmill Pond. Sales prices ranged from $210,000 up to $245,000 for an average sales price of $228,986 which works out to $103.52. These homes averaged 90 days on the market before going under contract and sold for an average of 98% of list price.

About Woodmill Pond Townhomes in Stuart FL:

Very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL is this townhome development of 50 units, which was built in 2007 and in 2010. While these are two level townhomes with 2 car garages the complex is deeded as condos, meaning the exterior maintenance, common areas, insurance are all included in the association fees. With these homes come newer construction and all the latest codes are in compliance with most homes having hurricane impact glass making hurricane shutters not a requirement. As of this writing (June 2017), these fees were $374 per month. These fees cover Common Areas, Insurance-Bldg, Lawn Care, Maintenance Exterior, Manager, Recreational Facilities, Reserve Funds, Water, and Sewer.

All homes in Woodmill Pond are 3 bedrooms with 2 and ½ bathrooms. The ones built in 2007 have 2,076 sq. ft. of living area (under air conditioned space) while those built in 2010 are larger with 2,299 sq. ft. There’s a clubhouse and a heated community swimming pool. Up to two pets are allowed per unit and rentals are also permitted with some restrictions.

Children living in Woodmill Pond attend Seawind Elementary, Murray Middle and South Fork High schools.

Very close to a number of golf courses as well as just minutes to historic downtown Stuart to the north and the Town of Jupiter to the south. Also close to shopping, restaurants, beaches, boating facilities and medical services.

Search here for Woodmill Pond townhomes in Stuart FL

Florida Townhouses and Condos May 2017 Market Detail

06.24.17 by Gabe Sanders

Florida Townhouses and Condos May 2017 Market Detail

The Florida Townhouses and Condos Market Detail for May 2017 showed continued growth when compared to last year. Closed sales were up by 8.0% as compared to last month’s decrease of 4.0% and new sales under contract (new pending sales) increased by 8.0% (In April there was a 5.5% decrease).

Prices rose for the month. Median sales prices were up by 8.1% (was up by 7.2% in April), while the average sales price decreased by 8.0% (was down 0.9% in April). Back to steadily increasing values.

The inventory of active listings decreased by 1.5% from May of last year. For May 2017 we have 6.0 months of inventory (was 6.1 months in April) and compared to 6.1 months for May 2016. We remain in a balanced 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 May 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 May 2017 Market Detail

River Watch on Hutchinson Island June 2017 Market Report

06.24.17 by Gabe Sanders

River Watch on Hutchinson Island June 2017 Market Report

In June 2017, there are three homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL. These homes are listed for prices ranging from $625,000 up to $758,888 for an average list price of $676,296 which works out to $374.13 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 River Watch homes have sold. Sales prices ranged from $325,000 up to $685,000 for an average sales price of $463,333 which is $249.29 per sq. ft. of living area. These homes averaged 97 days on market before going under contract and sold for an average of 92% of list price.

About River Watch on Hutchinson Island:

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch. These are single family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area and your very own private dock and access to the Intracoastal waterway which is also known as the Indian River. There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

Most of these homes are waterfront with access to the Intracoastal Waterway, but suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors, so only human or electric power for that initial stretch of water.

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply walking across the street to their private beach or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2017).

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

Florida Single Family Homes May 2017 Market Detail

06.23.17 by Gabe Sanders

Florida Single Family Homes May 2017 Market Detail

The Florida Single Family Homes Market Detail for May 2017 had continued growth when compared to last May. Closed sales were up by 7.6% (were down by 1.2% in April) and new sales under contract (new pending sales) were up by 5.0% (were down by 4.4% in April).

Both the median and average sales prices continued to rise when compared to last year. Up by 7.7% and 8.3% respectively, compared to April’s 10.3% and 8.3%.

The inventory of available homes for sale fell by 4.5% from last year. For May there was a 4.0 months supply of inventory as Florida remains in a sellers’ market with the advantage for sellers. (May of 2016 had a 4.3 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 May 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 Single Family Homes May 2017 Market Detail

Coral Gardens in Stuart FL June 2017 Market Report

06.23.17 by Gabe Sanders

Coral Gardens in Stuart FL June 2017 Market Report

As of June 2017, there are 5 homes for sale in Coral Gardens in Stuart FL. List prices range from $184,900 up to $252,000 for an average list price of $211,528 which is $153.29 per sq. ft. of living area.

There are 3 homes currently under contract. These homes were listed for prices from $179,900 up to $229,900 for an average list price of $203,233 or $135.07 per sq. ft. of living area. These homes were on the market for an average of 30 days before going under contract.

In the past 12 months, 30 Coral Gardens homes have sold. Sales prices ranged from $100,619 up to $239,000 for an average sales price of $176,527 which works out to $138.52 per sq. ft. of living area. These homes averaged 39 days on market before going under contract and sold for an average of 97% of list price.

About Coral Gardens in Stuart FL:

The Coral Gardens community of Stuart FL is centrally located just west of US 1 (Federal Highway) and south of Pomeroy St. Easy access to downtown Stuart, shopping, restaurants, medical facilities and the beaches and waterways of Martin County.

This is a non-HOA (Homeowners Association) community so there are no additional fees. Also, the Coral Gardens community is one of the more affordable locations in Stuart and Martin County FL. Homes range in size from very small 2 bedroom, 1 bathroom homes of under 800 sq. ft. all the way to 4 bedroom homes of 2,500 sq. ft. or slightly higher. Many homes in Coral gardens also have private backyard swimming pools.

Those wishing to find an affordable friendly Stuart community to call home might wish to consider Coral Gardens. Click and explore on the interactive map below to see what a great location Coral Gardens offers.

Search here for available Coral Gardens homes for sale

Coral Gardens in Stuart FL June 2017 Market Report

Hobe Sound FL 33455 Condo Market Report May 2017

06.22.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report May 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for May 2017

For May 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 16 active condo listings. (Increased by 1 condos from April)

5 Condos are pending and awaiting close. (Down by 1 condo from April)

2 Condos sold in May. (Decreased by 2 condos from April)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Closed sales were off for this month, but overall the market activity is still very good.

The absorption rate for Hobe Sound condos decreased to 8 months for May (was 3.8 in April). Back into a buyers’ market for Hobe Sound condos. 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 on 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 May 2016 numbers were: 5 active listings, 7 pending sales and 0 closed sales. Better activity this year as the inventory has just about tripled.

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