Martin County Single Family Homes January 2017 Market Detail

03.01.17 by

Martin County Single Family Homes January 2017 Market Detail

The Martin County Single Family Homes Market Detail for January 2017 began the year with reduced sales volume from last year yet an increase in pending sales.  Closed sales were down by 24.0% (was up by 14.7% in December). New pending sales increased by 9.4% as compared to January of 2016 (Decreased by 21.6% in December).

Prices, however, increased with the median sales price up by 4.1% from last year (up by 11.6% in December) while the average price increased by 2.7% (was down by 9.3% last month).

The inventory of available single family homes increased from last month by 133 homes to 1,131 units for January,  this is 13.2% greater than last January.  Current supply of homes is 5.8 months, for January of last year it was a 4.8 months supply. (This is a 20.8% increase from last year).  Drifting close to a balanced 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 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes January 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 January 2017 Market Detail

Inlet Village on Hutchinson Island Open House

03.01.17 by

Inlet Village on Hutchinson Island Open House

Hutchinson Island Riverfront Condo
Open House Tuesday March 7, 2017  from 9:30 a.m. to 11:30 a.m.
10 NE Plantation Road – Suite 205 – Stuart, FL 34996
Overview
Maps
Photos
Description
Neighborhood
Open House
$325,000
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.  Residents (and tenants) have the option of joining the Ocean Club which provides golf privileges, fitness center, tennis club and beach club access.  There is a full service marina on site as well. Make this your new home or a winter getaway from the cold north.
Main Features
2 Bedrooms
2 Full Bathrooms
Interior: 1,306 sqft
Year Built: 1982
MLS #: M20003206
Location
10 NE Plantation Road
205
Stuart, FL 34996
USA
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Florida Townhouses and Condos January 2017 Market Detail

02.27.17 by

Florida Townhouses and Condos January 2017 Market Detail

The Florida Townhouses and Condos Market Detail for January 2017 began the year with mostly positive activity when compared to last year and the previous month.   Closed sales were up by 6.2% as compared to last months decrease of 5.2% and new sales under contract (new pending sales) increased by 6.5% (In December there was a 2.1% decrease).

Values continued to increase though at a more moderate pace.  Median sales prices were up by 6.6% (was up by 7.7% in December), while the average sales price increased by 4.0% (was up 4.2% in December).  As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory increased by 6.3% from January of last year.  For January 2017 we have 6.4 months of inventory (was  6.0 months in December) and compared to 5.8 for January 2016.  We remain in a balanced market for Florida townhouse and condo sales but are drifting slowly towards a buyers market in the past year. 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 2017 Market DetailFlorida Townhouses and Condos January 2017 Market Detail

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 January 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 January 2017 Market Detail

Florida Single Family Homes January 2017 Market Detail

02.26.17 by

Florida Single Family Homes January 2017 Market Detail

The Florida Single Family Homes Market Detail for January 2017 showed continued positive sales activity from last year, though at a reduced rate of growth.  Closed sales were up by 5.2% (was up by 0.8% in December) and new sales under contract (new pending sales) were up by 3.8% (was down by 1.1% in December).

Both the median and average sales prices continued to rise from January 2016 to January 2017.  Up by 10.1% and 4.0% respectively, compared to December’s 9.2% and 2.0%.

The inventory of available homes for sale fell by 0.7% from last year.  For January there was a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (January 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.

Florida Single Family Homes January 2017 Market Detail

Click here to view or download the full report:

Florida Single Family Homes January 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 January 2017 Market Detail

Suntide Oceanfront Condo 104 Under Contract

02.25.17 by

Suntide Oceanfront Condo 104 Under Contract

Suite 104 in Suntide is now pending, though backup offers are being accepted.  View more pictures and information about this condo here.

Ocean Access from the Suntide Condo on Hutchinson Island

A spacious condo with just under 1,800 sq. ft. of living area in the Suntide Condominium of Stuart FL. This 2 bedroom, 2 bathroom condo has been well maintained and offers ample storage as well as plenty of flex room if you need more space for additional visitors. The enclosed patio offers great peeks at the Ocean and green space. This first floor condo also has additional storage, under building parking, community pool, sundeck, exercise room, clubhouse with kitchen and party area as well as billiards and a game room. All in a wonderful oceanfront location that is close to the Publix market as well as downtown Stuart.

Pool of Suntide Condo on Hutchinson Island Pool of Suntide Condo on Hutchinson Island

About Suntide Condos on Hutchinson Island

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building  is one of the premier ocean front condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Fitness Room in the Suntide Condo on Hutchinson Island Game room in the Suntide Condo on Hutchinson Island

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room than can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

Tennis Courts of Suntide Condo on Hutchinson Island Shufleboard Courts in Suntide Condo on Hutchinson Island

As of November 2016, condo fees in Suntide varied from $450 to $570 a month depending on the size of the condo. This fee includes Cable, Common Areas, Elevator, Insurance-Bldg, Lawn Care, Manager, Master Antenna/TV, Parking, Pest Control, Reserve Funds, Roof Maintenance, Sewer and Water.

Under Building Parking for the Suntide Condo on Hutchinson Island Pool of Suntide Condo on Hutchinson Island

Sundeck of the Suntide Condo on Hutchinson Island Suntide Condo on Hutchinson Island

Search for Suntide Condos on Hutchinson Island

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Hutchinson Island Real Estate is presented by:
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Hobe Sound FL 33455 Condo Market Report January 2017

02.24.17 by

Hobe Sound FL 33455 Condo Market Report January 2017

 

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

 

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

 

There are currently 13 active condo listings. (Up by 2 condos from December)

Hobe Sound FL 33455 Condo Market Report January 2017

1 Condo is pending and awaiting close. (Down by 1 pending condo from December)

Hobe Sound FL 33455 Condo Market Report January 2017

14 Condos sold in January. (Increased by 10 closed sales from December)

 Hobe Sound FL 33455 Condo Market Report January 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  This was a big month for closed sales, the best for the year in Hobe Sound Condos.  Inventory remains challenged and only 1 pending sale for the month.

The absorption rate for Hobe Sound condos was 0.9 months for January (was 2.75 in December).  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 January 2016 numbers were: 6 active listings, 2 pending sales and 0 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report January 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report January 2017

Hobe Sound FL 33455 Residential Market Report January 2017

02.23.17 by

Hobe Sound FL 33455 Residential Market Report January 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for January 2017

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

There are currently 232 active listings. (Up by 26 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2017

78 Residential sales are pending and awaiting close  (Up by 19 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2017

27 Homes Sold in January (Down by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County showed a drop in closed sales from last month along with an increase in listings.  Pending sales look good, however, for future closed activity.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 8.6 months (5.2 months in December).  Once again, a buyers’ 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 January 2016 were:  212 active listings, 76 pending sales and 35 closed sales.  Slightly weaker activity with a little bit more inventory this year.

Hobe Sound FL 33455 Residential Market Report January 2017

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report January 2017

Jensen Beach FL 34957 Residential Market Report January 2017

02.21.17 by

Jensen Beach FL 34957 Residential Market Report January 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for January 2017

 For January 2017 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 198 active listings. (Up by 15 homes from last month)

Jensen Beach FL 34957 Residential Market Report January 2017

72 Residential sales are pending and awaiting close or lender approval. (Increased by 19 homes from December)

Jensen Beach FL 34957 Residential Market Report January 2017

34 Homes Sold (Up by 1 home sale from December)

Jensen Beach FL 34957 Residential Market Report January 2017

The Jensen Beach FL 34957 Residential Market had an increase in inventory (as did most segments of the Martin County residential market). Pending sales were up and closed sales rose by one home from last month.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.8 months ( was 5.5 months in December).  Still in a sellers’ market for the Jensen Beach residential real estate segment but getting very close to a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The January 2016 numbers were: 137 active listings, 60 pending sales and 30 home sales closed.  Considerably greater inventory this year and only slightly greater closed sales numbers.  The pending sales look strong.
Jensen Beach FL 34957 Residential Market Report January 2017

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Jensen Beach FL 34957 Residential Market Report January 2017

Palm City FL 34990 Residential Market Report January 2017

02.19.17 by

Palm City FL 34990 Residential Market Report January 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for January 2017

 

For January 2017 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 421 active listings (Increased by 5 homes from December)

Palm City FL 34990 Residential Market Report January 2017

125 Residential sales are pending and awaiting close or lender approval. (Up by 32 homes from last month)

Palm City FL 34990 Residential Market Report January 2017

52 Homes Sold in December (Down by 13 homes from December)

Palm City FL 34990 Residential Market Report January 2017

The Palm City FL, zip code 34990 residential real estate market had a small increase in inventory and very strong pending sales numbers which should result in a higher sales volume on the coming months.  Closed sales were off for the month.
The monthly absorption rate increased to 8.1 months from 6.4 months in December.  Back into a buyers’ market for the Palm City zip code 34990 area for residential sales.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The January 2016 numbers were:  400 active listings, 156 pending sales and 49 closed sales.  Just a small increase in sales when compared to last year with fewer pending sales and a greater inventory.

Palm City FL 34990 Residential Market Report January 2017

 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 January 2017

How to Sell a Fixer Upper

02.17.17 by

How to Sell a Fixer Upper

fixer upper

So you plan to sell a home that some might call a fixer upper. In other words, this is a residence that—while attractive, high quality and structurally sound overall—is in need of a little work. And the person who buys this residence will be the one responsible for any repairs, remodels or refurbishments that might be needed in order to optimize the house’s potential; in other words, to morph this particular house into their ultimate dream home.

Just how do you market and sell a home that—or so you admit from the outset—is not exactly perfect? How do you sell a fixer upper? Read on for some ideas:

1. Don’t call it a fixer upper. Sorry to be royal wise acres here; but the fact is that some home buyers automatically reject homes that are labelled as fixer uppers. They may fear that fixer upper is a surefire synonym for Residential Disaster, This Property Condemned or Official Set Location for the Next Amityville Horror flick. Not these synonyms would be anywhere close to true, accurate or applicable, but the fact remains that phrases such as fixer upper might trigger unfairly awful images in the mind of many potential buyers.

2. Don’t call it a challenge, a repair project, or a house with potential, because…well, for pretty much all the same reasons we just mentioned. And we probably don’t need to say that phrases like “money pit” are out of the proverbial question; particularly if potential home buyers have seen the 1996 Tom Hanks and Shelley Long comedy movie that showed us exactly what a “money pit” really is! Hint, it hate pretty!

3. Always point out the home’s positive attributes before you detail those aspects that may need some work or improvement. Accentuate the positive before you delve into the negative; OK, so that doesn’t make for such a catchy song title, but it is sound advice in regards to selling a fixer upper (except, of course, we’re not calling it a fixer upper. Shhh….).

4. Assure all potential buyers that your home is safe, clean and stable; and that it has passed any and all required safety and building inspections with flying colors. Assure those who may be interested in purchasing the residence that they can safely reside in the place “as is”; however, they may need to do a bit of work to morph their safe, decent house into the home of their dreams.

Need help selling a Martin County fixer upper?  Give me a call at (772) 888-2885

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

02.13.17 by

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

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

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

There are currently 74 active listings (Increased by 22 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

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

 Stuart Florida Market Report ZIP Code 34994 Residential January 2017

7 Homes Sold in December (Down by 12 homes from December)

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida began 2017 with a drop inactivity along with a big jump in inventory.

The one month absorption rate for the 34994 zip code for January jumped to 10.6 months from 2.7 months for December.  Into a buyers’ market for the first time in quite some time 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 January 2016 numbers were 59 Active Listings, 14 pending sales and 10 closed sales.  A big jump in inventory along with a drop in closed and pending sales from last January.

Stuart Florida Market Report ZIP Code 34994 Residential January 2017

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential January 2017

Inlet Village February 2017 Market Report

02.13.17 by

Inlet Village February 2017 Market Report

There are 6 condos for sale in Inlet Village in February of 2017.  List prices range from $165,000 to $325,000 for an average list price of $257,800 which is $237.66 per sq. ft. of living area.

There is one condo currently under contract.  This condo was listed for $234,900 or $226.08 per sq. ft. of living area.  This condo went under contract 63 days after being listed.

In the past 12 months, 7 condos have sold in Inlet Village.  Sales prices ranged from $151,000 up to $305,000 for an average sales price of $220,643 which equal $219.80 per sq. ft. of living area.  These condos sold for an average of 91% of list price and were on the market for an average of 64 days,

About Inlet Village Condos on Hutchinson Island in Stuart FL:

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 seeping views of lakes and the Indian River Plantation golf course.

Inlet Village 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 a 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 January 2017) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Search for Inlet Village Condos for Sale

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

The Open House Checklist

02.10.17 by

The Open House Checklist

open-house

Are you open to hosting an open house? An open house is that all important event that basically shows off and sells your home to prospective buyers; and as such, this happening is perhaps the most essential tool in the arsenal of a home seller. A buyer, after all, has to visit and see your home and inspect its elements before they even can think of buying it.
While planning your open house, it may help you to develop a check list of helpful items to have on hand the day of the big event. And these could include:

1. An open house sign. Aside from the for sale sign that your Realtor will post outside your home, it might help to post additional signage that announces and lists the details of your open house event. This is sure to bring in passersby who otherwise may not have known that your house was for sale; one of whom may be the ideal buyer for your residence.

2. Informational sheets. Printed floor plans and information sheets can do much to answer any questions that prospective buyers may have about your home, and may play a vital part in their eventual decision as to whether or not they buy your home. These sheets tell them everything from the number of bedrooms and bathrooms in the residence to their size and square footage; the size and style of the kitchen and living areas in the home to the availability of extras such as rec rooms, storage spaces, fireplaces, swimming pools, etc. Print these sheets up on high quality paper and hand them out to guests as they step through the door.

3. Refreshments. When printing up meeting notices in the newspaper, organizations are encouraged to list the availability of treats and refreshments at their upcoming sessions; a seemingly trivial factoid that has been known to double attendance at just about any type of meeting. It’s a fact; people love free food. So have plenty of it on hand at your open house!

4. Experts. All open houses should be hosted by people who know basically all there is to know about your home. This could be your real estate agent, or it could be you—or, in some cases, you both may wish to be present for the event; ready to greet guests, answer their questions, and basically offer whatever help and advice guests need to make their home buying decisions—and hopefully in your favor!

If you need help with an open house in Stuart Florida give me a call at (772) 888-2885

Four Winds on the River Condo February 2017 Market Report

02.10.17 by

Four Winds on the River Condo February 2017 Market Report

There are no condos currently available for sale in Four Winds on the River in Stuart FL.

One condo is under contract.  It was listed for $249,000 or $184.44 per sq. ft. of living area.  This condo was on the market for 10 days before going under contract.

In the past 12 months, 1 condo has sold in Four Winds.  This condo sold for $180,000 which equals $132.45 per sq. ft. of living area.  Th1 condo sold for 90% of the last listed price and was on the market for 161 days before going pending.

Four Winds on the River Condo in Stuart FL

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

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

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

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

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

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

Search for all Four Winds on the River Condos for Sale


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Central Vintage Stuart Home Under Contract

02.08.17 by

Central Vintage Stuart Home Under Contract

Now under contract, 1508 SE Mango Place in Stuart FL was listed for $350,000 and the buyer was introduced to this home through the efforts of Gabe Sanders.

Stuart Vintage Home on Double Lot

Located in one of the most sought after neighborhoods in the historic Stuart area, this classic Florida home has it all with a wonderful vintage feel. Situated on a double lot, 110′ x 125′. Meticulously maintained inside and out with lush landscaping, mature fruit trees, a butterfly garden and a private back yard with plenty of room for a pool.

Stuart Vintage Home on Double Lot Stuart Vintage Home on Double Lot

Ride the bikes or go for a walk in the tree-lined, park-like neighborhood that you’ll love to call home. Cedar wood ceilings and recently re-finished, beautiful terrazzo floors add to the charm of this well preserved treasure. Conveniently located close to downtown for shopping / dining and the beaches for fun in the sun. Other features include; vintage cabinetry, large screened-in lanai porch, new metal roof in 2011, new carport and paver driveway and patio in 2008, storm shutters, storage area, 8 zone sprinklers, outside shower and a walk-in master shower.

Stuart Vintage Home on Double Lot Stuart Vintage Home on Double Lot

Search here for all central Stuart FL homes for sale

For additional information about Stuart FL real estate visit my website or give me a call at (772) 888 2885

Olympia in Hobe Sound Vacant Lot Under Contract

02.07.17 by

Olympia in Hobe Sound Vacant Lot Under Contract

Hobe Sound Vacant Land

One of the last few remaining lots in the Venus park area of Hobe Sound in Olympia Plats is now under contract.  An adjacent lot is still available for sale for $94,000.

Hobe Sound Vacant Land Hobe Sound Vacant Land

Vacant lot for sale in the Olympia section of the Hobe Sound area of Martin County Florida. This lot is conveniently located close to historic downtown Hobe Sound and only minutes to Jupiter Island Beach on the crystal clear waters of the Atlantic Ocean. Only a few blocks from Zeus Park and the Joseph B Reed park athletic facilities. This excellent location also affords easy access to I-95 via Bridge Road and to both downtown Jupiter and Stuart via Dixie Highway and/or US-1. The adjacent lot is also for sale for those wanting to build a larger home than would be possible with an individual parcel.

Hobe Sound Vacant Land Hobe Sound Vacant Land Hobe Sound Vacant Land

Search here for all vacant land in Hobe Sound FL

For questions or more information about Stuart FL real estate please visit my website or call (772) 888 2885

Harbour Pointe Palm City February 2017 Market Update

02.04.17 by

Harbour Pointe Palm City February 2017 Market Update

There are currently 3 homes for sale in Harbour Pointe.  Listing prices range from $379,000 up to $409,000 for an average list price of $389,300 which equals $182.41 per square foot of living area.

There are two Harbour Pointe homes under contract.  They were last listed for $369,000 and $425,000 for an average list price of $397,000 which is $164.78.  These two homes averaged 73 days on market before going under contract.

7 homes have sold in the past 12 months. Sales prices were from $325,000 to $390,000 .  The average sales price was $357,929 or $163.69 per square foot of living area.  These homes sold for an average of 97% list price and averaged 59 days on the market before going under contract.

Harbour Pointe Palm City FL

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

Search the Martin County MLS

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City February 2017 Market Update

 

St Lucie County Townhouses and Condos December 2016 Market Detail

02.02.17 by

St Lucie County Townhouses and Condos December 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for December 2016 continued with weaker sales activity as compared to last December.  Closed sales were down by 21.0% from last year (was down 12.8% in November) while new pending sales decreased by 32.6% (was down by 7.8% in November).

Values however bucked the trend and increased for December with the median price up by 9.9% (was up by 0.8% in November) while the average sales price increased by 9.2% (was down by 11% in November).  I’ve been expecting prices to moderate for some time as the inventory continues to increase and sales volume does not keep up.

The inventory of available townhouses and condos decreased by 6 units from last month to 547 units, which is 8.1% greater than December 2015. The current supply of units is 5.7 months, which is 16.3% higher than the 4.9 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market though it is getting very close to being balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos December 2016 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 December 2016 Market Detail

St Lucie County Single Family Homes December 2016 Market Detail

02.01.17 by

St Lucie County Single Family Homes December 2016 Market Detail

St Lucie County Single Family Homes Market Detail for December 2016 showed improved sales activity with improved results year to year as well as month to month.  Closed sales were up by 8.9% (in November they were up by 0%) and new sales under contract (new pending sales) increased by 4.8% (they were up by 3.3% last month).

Prices also continued their upward march.  The median and average sales prices up by 13.9% and 12.0% respectively from last December (For November these numbers were up 22.5% and 18.5%).  While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 63 homes to 1,732 homes.  This inventory is 6.6% higher than last year.  The current supply of homes is at 3.9 months (3.6 months for December of 2015)  This is 8.3% greater than last year.  The St Lucie County single family home market remains in a very strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes December 2016 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 December 2016 Market Detail

Martin County Townhouses and Condos December 2016 Market Detail

01.31.17 by

Martin County Townhouses and Condos December 2016 Market Detail

Martin County Townhouses and Condos Market Detail for December 2016 had a sizeable drop in closed sales while future (pending sales) increased.  Closed sales for the month were down by 26.2% (was up by 8.5% in November) while new sales under contract (new pending sales) were up by 11.8% from December 2015 (decreased by 15.8% in November).

Prices were mostly flat or down for December as the median sales price decreased by 4.4% (was up by 1.8% in November) while the average sales price increased by 0.9% (was down by 18.1% in November) as compared to December of 2015.  Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place.  Though this market is till active.

The inventory of available townhouses and condos increased by only 1 unit to 427 properties as compared to last month.  This is 14.2% greater than the December 2015 inventory.  Currently, there’s a 4.6 month supply of inventory (a 24.3% 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.

Martin County Townhouses and Condos December 2016 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos December 2016 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 December 2016 Market Detail