St Lucie County Single Family Homes February 2017 Market Detail

St Lucie County Single Family Homes Market Detail for February 2017 showed improved sales activity for closed sales but weaker new pending sales year to year. Closed sales were up by 5.1% (in January they were up by 8.1%) and new sales under contract (new pending sales) decreased by 0.5% (they were up by 8.1% last month).

Prices continued to show strong increases. The median and average sales prices up by 18.2% and 16.6% respectively from last February (For January these numbers were up 8.9% and 16.1%). 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 30 homes to 1,814 homes. This inventory is 0.8% lower than last year. The current supply of homes is at 4.1 months (also was 4.1 months for February of 2016) This is unchanged from last year. The St Lucie County single family home market remains in 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 February 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 February 2017 Market Detail

Martin County Townhouses and Condos February 2017 Market Detail

04.02.17 by Gabe Sanders

Martin County Townhouses and Condos February 2017 Market Detail

Martin County Townhouses and Condos Market Detail for February 2017 continued with good closed activity and weaker future activity with reduced pending sales. Closed sales for the month were up by 1.0% (was up by 28.6% in January) while new sales under contract (new pending sales) were down by 6.8% from February 2016 (decreased by 15.6% in January).

Prices were down again for February as the median sales price decreased by 2.2% (was down by 15.6% in January) while the average sales price decreased by 14.4% (was down by 17.2% in January) as compared to February of 2016. 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 decreased by 14 units to 471 properties as compared to last month. This is 16.0% greater than the February 2016 inventory. Currently, there’s a 5.0 month supply of inventory (a 22.0% increase from last year which was 4.1 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 February 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 February 2017 Market Detail

Stuart Florida Home on Large Lot – Just Listed

04.02.17 by Gabe Sanders

Stuart Florida Home on Large Lot

Located close to I-95 for commuters and in a private scenic location, this home at 8611 SW 17th Ave in the Woodmere Meadows neighborhood (No HOA) of Stuart FL is now available for $315,000.

This is a meticulously maintained 3 bedroom home with 2 bathrooms, 2 car garage on a 1/2 acre lot in a very private and secluded setting backing up to Roebuck Creek. This home features a spacious open concept living area with cathedral ceilings, tiled floors and a modern kitchen. A large breakfast bar overlooks the living space and there’s a custom built in dining nook. The living area has a free standing wood fireplace as well as pocket sliders that open up to the generous deck offering total privacy. Lots of room to park all your toys and there are no HOA fees. Close to I-95 for commuters as well as boat ramps at Phipps Park. Upgrades include hurricane shutters, newer carpets in the bedrooms, screens (up to hurricane code), and interior and exterior lighting.

Search for all Stuart FL Homes for Sale

Contact Gabe Sanders – Stuart FL Real Estate
772-888-2885

Martin County Single Family Homes February 2017 Market Detail

04.01.17 by Gabe Sanders

Martin County Single Family Homes February 2017 Market Detail

The Martin County Single Family Homes Market Detail for February 2017 regained momentum with a strong month. Closed sales were up by 17.8% (was down by 24.0% in January). New pending sales decreased by 10.0% as compared to February of 2016 (Increased by 9.4% in January).

Prices continued to increase with the median sales price up by 10.2% from last year (up by 4.1% in January) while the average price increased by 23.9% (was down by 2.7% last month).

The inventory of available single family homes increased from last month by 10 homes to 1,141 units for February, this is 7.8% greater than last February. Current supply of homes is 5.8 months, for February of last year it was a 5.1 months supply. (This is a 13.7% increase from last year). Drifting closer 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.

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

Florida Townhouses and Condos February 2017 Market Detail

03.31.17 by Gabe Sanders

Florida Townhouses and Condos February 2017 Market Detail

The Florida Townhouses and Condos Market Detail for February 2017 began the year with mostly positive activity when compared to last year. Closed sales were up by 4.1% as compared to last months increase of 6.2% and new sales under contract (new pending sales) increased by 0.5% (In January there was a 6.5% increase).

Values continued to increase though at a strong pace. Median sales prices were up by 11.7% (was up by 6.6% in January), while the average sales price increased by 8.5% (was up 4.0% in January). 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 1.3% from February of last year. For February 2017 we have 6.4 months of inventory (was also 6.4 months in January) and compared to 6.2 months for February 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.

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 February 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 February 2017 Market Detail

Inlet Village Waterfront Condo Indian River Plantation Reduced

03.31.17 by Gabe Sanders

Inlet Village Waterfront Condo Indian River Plantation Reduced

Magnificent views from this wide waterfront condo in Inlet Village in Indian River Plantation on Hutchinson Island in Stuart FL. The new price is $315,000.

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.

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

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

About Inlet Village:

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

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 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

Florida Single Family Homes February 2017 Market Detail

03.30.17 by Gabe Sanders

Florida Single Family Homes February 2017 Market Detail

The Florida Single Family Homes Market Detail for February 2017 showed slightly weaker growth when compared to last year. Closed sales were down by 0.5% (were up by 5.2% in January) and new sales under contract (new pending sales) were down by 2.0% (were up by 3.8% in January).

Both the median and average sales prices continued to rise from February 2016 to February 2017. Up by 12.5% and 9.5% respectively, compared to January’s 10.1% and 4.0%.

The inventory of available homes for sale fell by 4.0% from last year. For February there was a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (February of 2016 had a 4.4 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 February 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 February 2017 Market Detail

Hobe Sound FL 33455 Condo Market Report February 2017

03.29.17 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report February 2017

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

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

There are currently 13 active condo listings. (Unchanged from January)

6 Condo is pending and awaiting close. (Up by 5 pending condos from January)

2 Condos sold in February. (Decreased by 12 closed sales from January)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Sales dropped to a more normal level this month while pending activity rose nicely on unchanged inventory.

The absorption rate for Hobe Sound condos was 6.5 months for February (was 0.9 in January). A balanced market. 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 February 2016 numbers were: 9 active listings, 5 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.

Search for Hobe Sound FL Condos for Sale Here

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report February 2017

Hobe Sound FL 33455 Residential Market Report February 2017

03.28.17 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report February 2017

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

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

There are currently 233 active listings. (Up by 1 homes from January)

76 Residential sales are pending and awaiting close (Down by 2 homes from January)

50 Homes Sold in February (Up by 23 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a big jump in closed sales for the month while maintaining inventory as well as pending sales.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.7 months (8.6 months in January). Back into a sellers’ 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 February 2016 were: 206 active listings, 116 pending sales and 27 closed sales. Considerably stronger activity this year than last for closed sales, but pending sales are somewhat less on greater availability of homes for sale.

Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound FL 33455 Residential Market Report February 2017

Newer Stuart Home with Guest Cottage – Just Listed

03.28.17 by Gabe Sanders

Newer Stuart Home with Guest Cottage

First time on the market. 316 SE Martin Ave. in Stuart FL is now available for sale. Call for price.

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.

Just listed in Stuart FL real estate.

Jensen Beach FL 34957 Residential Market Report February 2017

03.26.17 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report February 2017

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

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

There are currently 190 active listings. (Down by 8 homes from last month)

96 Residential sales are pending and awaiting close or lender approval. (Increased by 24 homes from January)

27 Homes Sold (Down by 7 homes sale from January)

The Jensen Beach FL 34957 Residential Market showed some very strong gains in pending sales. Unfortunately, a decrease in closed sales, but I expect this segment of the Stuart real estate market to be active in the next few months.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 7 months ( was 5.8 months in January). Shifting into a balanced 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 February 2016 numbers were: 128 active listings, 66 pending sales and 20 home sales closed. Considerably greater inventory this year and an accompanying greater volume of closed and pending sales.

Jensen Beach FL 34957 Residential Market Report February 2017

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Jensen Beach FL 34957 Residential Market Report February 2017

Palm City FL 34990 Residential Market Report February 2017

03.24.17 by Gabe Sanders

Palm City FL 34990 Residential Market Report February 2017

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

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

There are currently 445 active listings (Increased by 24 homes from January)

135 Residential sales are pending and awaiting close or lender approval. (Up by 10 homes from last month)

56 Homes Sold in January (Up by 4 homes from January)

The Palm City FL, zip code 34990 residential real estate market continues to have more homes on the market and it appears that both pending and closed sales are also increasing.

The monthly absorption rate decreased to 7.9 months from 8.1 months in January. Still in a buyers’ market for the Palm City zip code 34990 area for residential sales, but with the strong number of pending sales, I expect a balanced market in the next month or so. A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The February 2016 numbers were: 415 active listings, 152 pending sales and 56 closed sales. Similar activity as compared to last year but with greater inventory this year.

Search here for Palm City Florida Real Estate for Sale

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Palm City FL 34990 Residential Market Report February 2017

Sugar Hill Jensen Beach March 2017 Market Report

03.24.17 by Gabe Sanders

Sugar Hill Jensen Beach March 2017 Market Report

As of March 2017, there are 3 homes on the market in Sugar Hill in Jensen Beach, FL. Listing prices range from $499,000 to $699,000 for an average list price of $582,633 which equates to $197.62 per sq. ft. of living area.

There is one Sugar Hill home under contract and awaiting settlement. The list price was $779,000 or $219.75 per sq. ft. of living area. This home was on the market for 3 days before accepting the current offer.

There have been 8 homes sold in the past 12 months in Sugar Hill. Sales prices ranged from $295,000 to $525,000 for an average sales price of $389,747 which equals $144.39 per sq. ft. of living area and averaged 102% of list price. The average days on market for these homes was 96 days prior to going under contract.

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

Sugarhill has very reasonable HOA fees of only $500.00 per year.

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

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

For any questions you may have about March 2017 Market Report for Sugar Hill in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Sugar Hill Jensen Beach March 2017 Market Report

Vista del Lago Unit 3107 Under Contract

03.22.17 by Gabe Sanders

Vista del Lago Unit 3107 Under Contract

Now under contract, unit 3107 in Vista del Lago was listed for $89,000 and the buyer was introduced to this well maintained condo by Gabe Sanders – Stuart FL Real estate.

55+ active adult community of Vista del Lago located north of Roosevelt Bridge. Convenient location to downtown Stuart, Jensen beach mall and beaches on Hutchinson island. Partially furnished 2 bedroom, 2 bath, 1014 sf, first floor corner unit with full hurricane protection. Glass enclosed porch, entire unit is tiled except for guest bedroom, light and bright. Parking spot is right outside the door! Amenities include: club house, pool, billiards, shuffleboard, barbecue grills, library, large gathering room for parties and well maintained landscaping.

About the Vista del Lago Condominiums:

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart. This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach. Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago condos were first built in 1974 and the last one was completed in 1979. All the buildings are two story and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units. Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1 bedroom units. Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts. No pets are permitted in Vista del Lago and this is an age restricted (55+) community. The HOA fees as of March 2017 were from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

Search here for available Vista del lago condos for sale

Coming Soon Immaculate Central Stuart Home

03.20.17 by Gabe Sanders

Immaculate Central Stuart Home – Coming Soon

Overview
Maps
Photos
Description

$650,000

An almost new, 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. Features include a chef’s kitchen with large island, quartz counter-tops, top of the line appliances, ice maker and wine cooler. A formal dining room and open living area with views and access to a covered lanai and gas fueled fire pit. The master bedroom features custom wood inlays in the ceiling and the master bath has dual sinks and a huge walk-in shower. 2^nd bedroom has ensuite bath and spacious walk-in closet. Laundry room and large 2 car garage with storage. 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. Construction is of the highest standards and is rated for 160 M.PH. wind gusts. Full home plans are available.

Main Features

3 Bedrooms
3 Full Bathrooms
1 Half Bathroom
Interior: 2,385 sqft
Lot: 0.28 acre(s)
Year Built: 2014

Location

316 SE Martin Ave.
Stuart, FL 34996
USA

Our recent listings

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Moon River Jensen Beach March 2017 Market Report

03.19.17 by Gabe Sanders

Moon River Jensen Beach March 2017 Market Report

For March 2017, there is 1 home for sale in Moon River on Hutchinson Island in Jensen Beach FL. This home is listed for $299,000 or $207.78 per sq. ft. of living area.

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

There have been 2 homes sold in the past 12 months in Moon River. Sales prices were $295,000 and $$439,900 for an average sales price of $367,450 which equals $190.36 per sq. ft. of living area and these sales averaged 96% of list price. The average days on market was 27 days prior to an accepted contract.

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

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

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

Moon River is an excellent choice for both full time residents and for those wishing to have their winter oasis away from the cold north.

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

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

For any questions you may have about March 2017 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Moon River Jensen Beach March 2017 Market Report

Stuart Florida Market Report ZIP Code 34994 Residential February 2017

03.18.17 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential February 2017

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

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

There are currently 74 active listings (Decreased by 6 homes from January)

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

10 Homes Sold in January (Up by 3 homes from January)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida regained some lost momentum from the previous month.

The one month absorption rate for the 34994 zip code for February dropped to 6.8 months from 10.6 months for January. Moving into a balanced market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2016 numbers were 69 Active Listings, 24 pending sales and 13 closed sales. Slightly weaker activity for this year.

Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential February 2017

Lake Grove March 2017 Market Report

03.18.17 by Gabe Sanders

Lake Grove March 2017 Market Report

There are currently 3 homes for sale in Lake Grove of Palm City, FL. List prices range from $459,900 to $629,900. The average list price equals $537,933 which is $194.25 per sq. ft. of living area.

There are no homes currently under contract in Lake Grove.

In the past 12 months, 3 homes have sold in the Lake Grove. Sale prices ranged from $475,000 to $520,000 with an average sale price of $497,500 or $180.98 per sq. ft. of living area. These homes averaged 80 days on market prior to accepting these sales offers and sold for an average of 97% of the last listed price.

Located south on Mapp Road in Palm City is the community of Lake grove which is comprised of 64 homes built around a square shaped lake. Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.

Homes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages. As of March 2017, the Lake Grove HOA fees are a very reasonable $275 per quarter.

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

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

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

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

Click here for the current Orchid Bay Homes for Sale

Lake Grove March 2017 Market Report

Courtyards of Willoughby Condo Under Contract

03.17.17 by Gabe Sanders

Courtyards of Willoughby Condo Under Contract

1617 SE Pomeroy St. in the Courtyards of Willoughby in Stuart FL has been placed under contract by Gabe Sanders of Stuart Florida real estate. This well appointed condo is listed for $159,900.

Enjoy the perfect location in this spacious Jupiter model at the Courtyards of Willoughby. You will fall in love with this large 2 bedroom/2 bath home with all the upgrades; granite counter-tops, stainless steel appliances and upgraded cabinets. Both bedrooms are good size and each has a walk-in closet. Construction is concrete and windows are impact glass. The Courtyards at Willoughby is close to the beaches, shopping & I-95 and all the amenities that Stuart FL and Martin County have to offer.

About the Courtyards at Willoughby Townhomes in Stuart FL

The charming townhomes in the Courtyards at Willoughby are located close to Historic Downtown Stuart as well as many other shopping, dining and entertainment areas that Stuart, Jensen Beach and Palm City have to offer.

There are only 44 residences in the Courtyards at Willoughby with four different models to choose from, The Juno, The Jupiter, The Hutchinson, and The Jensen depending on your needs. The models go up to 3 bedroom, 2 bathroom two level homes with 1,532 sq. ft. of living area down to 2 bedroom, 2 bath one level living with 1,125 sq. ft. of living space and some models feature garages. Maintenance fees at the time of this writing (June 2016) are approximately from $330 to $360 per month and lower depending on the size of the unit. Up to 1 medium sized pet is allowed.

This community features a swimming pool, with a sundeck and cabana grilling area, and a 24 hour fitness center! The surrounding school district is ‘A’ rated.

Courtyards of Willoughby Condo Under Contract

Spacious Wide River View Condo New Price

03.11.17 by Gabe Sanders

Spacious Wide River View Condo New Price

Fantastic views from this Inlet Village condo in Indian River Plantation on Hutchinson Island in Stuart FL. This condo has just been reduced to $320,000.

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

About Inlet Village:

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St Lucie County Single Family Homes February 2017 Market Detail

St Lucie County Single Family Homes February 2017 Market Detail

Martin County Townhouses and Condos February 2017 Market Detail

Martin County Townhouses and Condos February 2017 Market Detail

Stuart Florida Home on Large Lot

Martin County Single Family Homes February 2017 Market Detail

Martin County Single Family Homes February 2017 Market Detail

Florida Townhouses and Condos February 2017 Market Detail

Florida Townhouses and Condos February 2017 Market Detail

Inlet Village Waterfront Condo Indian River Plantation Reduced

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Florida Single Family Homes February 2017 Market Detail

Florida Single Family Homes February 2017 Market Detail

Hobe Sound FL 33455 Condo Market Report February 2017

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

Hobe Sound FL 33455 Condo Market Report February 2017

Hobe Sound FL 33455 Residential Market Report February 2017

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

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Hobe Sound FL 33455 Residential Market Report February 2017

Newer Stuart Home with Guest Cottage

First time on the market. 316 SE Martin Ave. in Stuart FL is now available for sale. Call for price.

Jensen Beach FL 34957 Residential Market Report February 2017

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

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Jensen Beach FL 34957 Residential Market Report February 2017

Palm City FL 34990 Residential Market Report February 2017

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

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Palm City FL 34990 Residential Market Report February 2017

Sugar Hill Jensen Beach March 2017 Market Report

Sugar Hill Jensen Beach March 2017 Market Report

Vista del Lago Unit 3107 Under Contract

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Immaculate Central Stuart Home – Coming Soon

Moon River Jensen Beach March 2017 Market Report

Moon River Jensen Beach March 2017 Market Report

Stuart Florida Market Report ZIP Code 34994 Residential February 2017

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

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Lake Grove March 2017 Market Report

Lake Grove March 2017 Market Report

Courtyards of Willoughby Condo Under Contract

About the Courtyards at Willoughby Townhomes in Stuart FL

Courtyards of Willoughby Condo Under Contract

Spacious Wide River View Condo New Price

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