PGA Verano Villa Under Contract

PGA Verano Villa Under Contract

Verano villa in PGA

Now under contract.  10205 SW Ambrose Way in the gated Verano community in PGA of Port Saint Lucie, FL 34986.  This villa was listed for $269,900 and the buyer was introduced to this property by Gabe Sanders of Real Estate of Florida.

Verano villa in PGA Verano villa in PGA

Like new only better! Picture perfect villa overlooking the canal in PGA village Verano! Close to the front gate and a short walk to beautiful Club Talavera which boasts over 40,000 sq. ft. of social and fitness area, pool & spa!

Verano villa in PGA Verano villa in PGA

This Castellano Villa has 2 bedrooms, a den and 2 baths. This is a gently lived in villa which has beautiful porcelain tiles laid on the diagonal, granite counter tops, upgraded espresso cabinets, stainless steel appliance, crown molding throughout plus chair railing, plantation shutters throughout, French doors to the den, closet organizer in the master, leaded light front door, screened patio, hurricane impact glass throughout, 2 car garage plus room for a golf cart. It’s the perfect package!

Verano villa in PGA Verano villa in PGA

For currently available Verano and PGA Village homes, call 772-888-2885

PGA Verano Villa Under Contract

Martin County Townhouse and Condo Sales 2016 Yearly Review

Martin County Townhouse and Condo Sales 2016 Yearly Review

For the Martin County Townhouse and Condo Sales 2016 Yearly Review showed weaker activity when compared to 2015 for this segment of the Martin County real estate market.   Year to year closed sales were down by 8.6% as compared to 2015 which saw no change and new sales under contract (new pending sales) decreased by 6.2% (2015 saw a decrease of 9%).

Martin County Townhouse and Condo Yearly Review

Both median and average sales prices were up (year to year) by 4.2% and 7.5% respectively (2015 numbers were 20.0% and 12.9%). Not as large an increase as in previous years.

Inventory increased by 14.2% as compared to 2015’s decrease of 19.3%. While the supply of inventory rose to 4.6 months as compared to 3.7 months for 2015.  A sellers’ market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin County Townhouse and Condo Sales 2016 Yearly Review

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouse and Condo Sales 2016 Yearly Review

Affordable Yacht and Country Club Villa Just Listed

Affordable Yacht and Country Club Villa Just Listed

The Yacht and Country Club of Stuart

2816 SE Fairway West in the yacht and Country Club of Stuart is available for purchase for $229,000.

The Yacht and Country Club of Stuart The Yacht and Country Club of Stuart

Enjoy the good life in the heart of Stuart in this spacious 2 bedroom villa located in the prestigious Yacht and Country Club of Stuart. Golf membership is not mandatory and this prime location is close to marinas, restaurants, beaches and historic downtown Stuart. This villa features two bedrooms and two bathrooms with a large eat in kitchen and a formal dining room and Florida room as well as a screened patio and back yard. There’s a two car garage as well. This villa is deeded as a condo and is in a small association of the four attached units of this building.

The Yacht and Country Club of Stuart The Yacht and Country Club of Stuart

The Yacht and Country Club of Stuart The Yacht and Country Club of Stuart

About the Yacht and Country Club of Stuart:

The Yacht and Country Club of Stuart


The Yacht and Country Club of Stuart is one of Stuart Florida’s original gated communities.  The first homes were built in the late 1960′s on the 524 available home-sites.  Currently only a couple of vacant lots are available for those desiring new construction in the Yacht and Country Club of Stuart.   There’s a deep water canal that runs through the middle of this community and those on either side have ocean access through the Manatee Pocket to the Atlantic Ocean only a few minutes away via the Saint Lucie inlet.

The Yacht and Country Club of Stuart

Homes in the Yacht and Country Club of Stuart range from 2 Bedroom, 2 Bath town homes with garages to spacious waterfront estates with over 5,000 sq. ft. of living space, private pool, and deep water dock.

The Yacht and Country Club of Stuart

There is a professional golf course on site (membership is not mandatory) that was updated in 2006 by Ed Seay (Arnold Palmer Designs) and Tom Walker (Gary Player Designs).  This course is friendly for beginner golfers yet is still challenging for those with low handicaps.

The Yacht and Country Club of Stuart

There is a community pool, tennis courts and fitness center that is separate from the club and available to all residents for a very reasonable annual fee.  In addition, residents can take advantage of a social membership to the main club house which features fine dining, as well as casual meals, and many social functions throughout the year.  The basic Home owner’s association fee for the Yacht and Country Club of Stuart is presently approximately $2,725 per year.  This fee covers the gated entry and security patrols as well as the management and maintenance of all the garden areas and common grounds.  More information about memberships and the golf club can be found on their we site for the Yacht and Country Club.

The Yacht and Country Club of Stuart

All residents enjoy easy access to Martin County’s pristine beaches, downtown and just a short ride to shopping, restaurants, ‘A’ rated schools and medical facilities.  The Yacht and Country Club is a unique and wonderful community to call home.

Here are the currently available homes in the Yacht and Country Club of Stuart

Martin County Single Family Home Sales 2016 Yearly Review

Martin County Single Family Home Sales 2016 Yearly Review

The Martin County Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors showed weaker activity than 2015 for the Martin County single family housing market.   Year to year closed sales were down by 4.1% (was up by 12.1% in 2015) and new sales under contract (new pending sales) decreased by 8.1% (was up by 4.2% in 2015).

Martin County Single Family Yearly Review

Both median and average sales prices continued to rise (2015 to 2016) by 4.3% and 0.0% respectively.   A much more moderate rate of increase.  These values were 4.4% and 15.2% respectively in 2015.

The inventory of available homes for sale increased by 7.4% from 2015.  While the months supply of homes increased to 5.0 months.  Still a sellers’ market.  Typically a 6 month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin County Single Family Home Sales 2016 Yearly Review

To view the complete set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Home Sales 2016 Yearly Review

Florida Townhouse and Condo Sales 2016 Yearly Review

Florida Townhouse and Condo Sales 2016 Yearly Review

For the Florida Townhouse and Condo Sales 2016 Yearly Review for the state of Florida had a slower year than recent previous years.   Year to year closed sales were down by 4.2% as compared to 2015 which saw an increase of 6.1% and new sales under contract (new pending sales) decreased by 7.4% (2016 saw a n increase of 0.4%).

Florida Townhouse and Condo Yearly Review

Both median and average sales prices were up (year to year) by 6.7% and 1.1% respectively (2015 numbers were 7.1% and 3.7%).

Inventory increased by 7.9% as compared to 2015’s decrease of 1.8%. While the supply of inventory rose to 6.0 months as compared to 5.3 months for 2015.  A balanced market for Florida townhouses and condos.

 Click here to view or download the full report:  Florida Townhouse and Condo Sales 2016 Yearly Review

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouse and Condo Sales 2016 Yearly Review

Florida Single Family Home Sales 2016 Yearly Review

Florida Single Family Home Sales 2016 Yearly Review

The Florida Single Family Home Sales 2016 Yearly Review as reported by Florida Realtors shows that the last year continued the positive momentum for the real estate market although at a reduced rate.   Year to year closed sales were up by 0.9% (was up by 12.4% in 2015) and new sales under contract (new pending sales) decreased by 4.1% (was down by 2.1% in 2015).

Florida Single Family Yealry Review

Both median and average sales prices were up (2015 to 2016) by 12.2% and 6.2% respectively.   Showing strong gains in value.  These numbers were 10.1% and 5.4% respectively in 2015.

The inventory of available homes for sale decreased by 6.5% from 2015.  While the months supply of homes decreased to 4.3 months.  Indicating a seller’s market.

Click here to view or download the full report:
Florida Single Family Home Sales 2016 Yearly Review

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Single Family Home Sales 2016 Yearly Review

de la Bahia Waterfront Condos March 2017 Market Report

de la Bahia Waterfront Condos March 2017 Market Report

For march 2017 there are 15 condos available for sale in de la Bahia.  These condos range in list price from $95,000 up to $189,000 for an average list price of $124,580 which equals $153.88 per sq. ft. of living area.

There are 5 condos currently under contract.  Listing prices ranged from $108,900 up to $119,900 for an average list price of $114,740 or $145.69 per sq. ft. of living area.  These condos averaged 48 days on the market before going under contract.

In the last 12 months, 17 condos have sold.  Sales prices ranged from $84,000 up to $160,000 for an average sales price of $113,218 which works out to $142.45 per sq. ft. of living area.  These condos sold for an average of 93% of list price and went under contract in an average of 263 days on market.

About the de la Bahia Waterfront Condos:

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

de la Bahia Waterfront Condos

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

de la Bahia Waterfront Condos

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

de la Bahia Waterfront Condos

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

de la Bahia Waterfront Condos

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

de la Bahia Waterfront Condos

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

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

St Lucie County Townhouses and Condos January 2017 Market Detail

St Lucie County Townhouses and Condos January 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for January 2017 began the new year with weaker sales activity as compared to last January.  Closed sales were down by 12.3% from last year (was down 21.0% in December) while new pending sales increased by 2.0% (was down by 32.6% in December).

Values were mixed for January with the median price up by 11.1% (was up by 9.9% in December) while the average sales price decreased by 1.4% (was up by 9.2% in December).  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 increased by 37 units from last month to 584 units, which is 2.2% less than January 2016. The current supply is 6.1 months, which is 5.2% higher than the 5.8 months of inventory last year.  The St Lucie County townhouses and condos has moved into a balanced market for the first time in a few years. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos January 2017 Market Detail

Click here to view or download the full report:
St Lucie County 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.

St Lucie County Townhouses and Condos January 2017 Market Detail

12000 SE Plutus Ave Sold

12000 SE Plutus Ave Sold

Vacant Land for Sale in Hobe Sound
Listed and Sold by Gabe Sanders
Overview
Maps
Photos
Description
List Price: $94,000   Sold Price: $93,000
Vacant lot 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.
Main Features
Lot: 6,229 sqft
MLS #: M20001183
Location
12000 SE Plutus Ave.
Hobe Sound, FL 33455
USA
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St Lucie County Single Family Homes January 2017 Market Detail

St Lucie County Single Family Homes January 2017 Market Detail

St Lucie County Single Family Homes Market Detail for January 2017 showed improved sales activity with improved results year to year.  Closed sales were up by 8.1% (in December they were up by 8.9%) and new sales under contract (new pending sales) also increased by 8.1% (they were up by 4.8% last month).

Prices also continued their upward march.  The median and average sales prices up by 8.9% and 16.1% respectively from last January (For December these numbers were up 13.9% and 12.0%).  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 112 homes to 1,844 homes.  This inventory is 2.7% higher than last year.  The current supply of homes is at 4.1 months (4.0 months for January of 2016)  This is 2.5% greater than 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.

St Lucie County Single Family Homes January 2017 Market Detail

Click here to view or download the full report:
St Lucie 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.

St Lucie County Single Family Homes January 2017 Market Detail

Martin County Townhouses and Condos January 2017 Market Detail

Martin County Townhouses and Condos January 2017 Market Detail

Martin County Townhouses and Condos Market Detail for January 2017 began the year with strong closed activity and weaker future activity with reduced pending sales.  Closed sales for the month were up by 28.6% (was down by 26.2% in December) while new sales under contract (new pending sales) were down by 15.6% from January 2016 (increased by 11.8% in December).

Prices were down for January as the median sales price decreased by 15.6% (was down by 4.4% in December) while the average sales price decreased by 17.2% (was up by 0.9% in December) as compared to January 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 increased by 58 units to 485 properties as compared to last month.  This is 15.5% greater than the January 2016 inventory.  Currently, there’s a 5.2 month supply of inventory (a 23.8% 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.

Martin County Townhouses and Condos January 2017 Market Detail

Click here to view or download the full report:
Martin County 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.

Martin County Townhouses and Condos January 2017 Market Detail

Martin County Single Family Homes January 2017 Market Detail

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

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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Stuart FL Real Estate

by Gabe Sanders
Real Estate of Florida
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Florida Townhouses and Condos January 2017 Market Detail

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

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

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:
Gabe Sanders – Stuart Florida Real Estate

Hobe Sound FL 33455 Condo Market Report January 2017

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

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

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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

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 Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report January 2017

Palm City FL 34990 Residential Market Report January 2017

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