June 2016 Monthly Market Detail Martin County Single Family Homes

07.29.16 by

June 2016 Monthly Market Detail Martin County Single Family Homes

The June 2016 Monthly Market Detail Martin County Single Family Homes showed a marked decrease from lasy years activity, yet still a strong and active market.  Closed sales were down by 10.0% (was down by 2.8% in May). New pending sales decreased by 17.5% as compared to June of 2015 (Decreased by 14.7% in May).

Prices, however, continued their rise as the median sales price was up by 15.9% from last year (up by 15.8% in May) while the average price increased by 9.2% (was down by 3% last month).  I expect that prices will moderate to a much smaller rate of increase in the coming year.

The inventory of available single family homes decreased from last month by 66 homes to 988 units for this month,  this is 8.8% greater than last June.  Current supply of homes is 4.9 months, for June of last year it was a 4.4 months supply. (This is a 11.4% increase from last year).  Still a sellers market for Martin County single family home sales.

June 2016 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
June 2016 Monthly Market Detail Martin County Single Family Homes

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.

June 2016 Monthly Market Detail Martin County Single Family Homes

June 2016 Monthly Market Detail Florida Townhouses and Condos

07.28.16 by

June 2016 Monthly Market Detail Florida Townhouses and Condos

The June 2016 Monthly Market Detail Florida Townhouses and Condos showed weaker activity when compared to 1 year ago.  Prices may have climbed a bit to fast for this segment of the Florida real estate market.  Closed sales were down by 2.6% as compared to last months increase of 0.1% and new sales under contract (new pending sales) decreased by 7.6% (In May there was a 4.6% decrease).  Inventory of available condos and townhouses continues to rise as well which should put pressure on prices to either decline or at least moderate.

Though the June prices continued to rise with the median sales price up by 8.6% (was up by 4.4% in May), while the average sales price increased by 3.1% (was down 1.3% in May).  If prices continue to stay somewhat stable or even decrease slightly, I expect the volume of sales to increase.

The inventory increased by 7.9% from June of last year.  For June 2016 we have 6.0 months of inventory (was 6.1 months in May) and compared to 5.5 for June 2015.  We are currently in a balanced market for Florida townhouse and condo sales.

May 2016 Monthly Market Detail Florida Townhouses and Condos

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:
June 2016 Monthly Market Detail Florida Townhouses and Condos

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.

June 2016 Monthly Market Detail Florida Townhouses and Condos

July 2016 Market Report for Osprey Cove in Hobe Sound

07.26.16 by

July 2016 Market Report for Osprey Cove in Hobe Sound

There are currently 2 homes for sale in Osprey Cove in Hobe Sound, FL.  Listing prices are $639,000 and $729,000 for an average list price of $684,000 or a price per square foot of living area of $217.31.  As of July 21, 2016 these homes have been on the market for an average of 67 days.

There is one home under contract which has not closed to date.  The list price is $529,000 or $236.48 per sq. ft. of living area.  This home was on the market for 134 days before going under contract.

In the past 12 months, 9 homes have sold in Osprey Cove with sales prices ranging from $440,000 to $793,000 for an average sale price of $616,611 or $211.48 per sq. ft. of living area. These sales averaged 67 days on the market and sales prices averaged 95% of list price.

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida.  It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway.  There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006.   Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area.  There’s also a community pool and tennis court available to all residents.

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County.  All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school.  There are also a number of excellent private schools located nearby, including the Pine School.

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

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July 2016 Market Report for Osprey Cove in Hobe Sound

June 2016 Monthly Market Detail Florida Single Family Homes

07.25.16 by

June 2016 Monthly Market Detail Florida Single Family Homes

The June 2016 Monthly Market Detail Florida Single Family Homes continues to be a strong market but activity is easing a bit from previous months.  Closed sales were up by 0.4% (was up by 4.5% in May) and new sales under contract (new pending sales) were down by 7.7% (was down by 2.7% in May).

Both median and average sales prices continue to rise ( June 2015 to June 2016) by 10.8% and 6.8% respectively, compared to May’s 10.5% and 4.2%.  These strong price gains will end up having an impact on future activity as many homes are now becoming much too pricey for the average buyer.

The inventory of available homes for sale fell by 2.8% from last year.  Higher demand areas of Florida have seen decreasing inventory for more than three years now.  For June there was only a 4.3 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (June of 2015 had a 4.6 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

June 2016 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

June 2016 Monthly Market Detail Florida Single Family Homes

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.

June 2016 Monthly Market Detail Florida Single Family Homes

July 2016 Lake Tuscany Stuart FL Market Report

07.25.16 by

July 2016 Lake Tuscany Stuart FL Market Report

As of July 2016, there are 4  homes available for sale in Lake Tuscany with listing prices from $479,315 to $579,900 for an average list price of $519,405 which is a price per square foot of living area of $138.55.  As of July 14, 2016 these homes will have averaged 79 days on market.

There are 4 homes under contract.  List prices were from $405,000 up to $485,000 for an average list price of $445,975 which works out to $139.60 per sq. ft. of living area.  These homes averaged 33 days on the market before going under contract.

In the past 12 months, 8 homes have sold in Lake Tuscany ranging in sales price from $362,000 to $469,000 for an average sales price of $414,500 which equals $153.54 per sq. ft. of living area.  These homes took an average of 34 days on market to go under contract and sold at 98% of list price.

Lake Tuscany real estate Stuart FL

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high quality homes built by local builder Mercedes Homes.

 Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about July 2016 Lake Tuscany Stuart FL Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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July 2016 Lake Tuscany Stuart FL Market Report

 

Hobe Sound FL 33455 Condo Market Report June 2016

07.23.16 by

Hobe Sound FL 33455 Condo Market Report June 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2016

For June 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Down by 1 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2016

6 Condos are pending and awaiting close. (Down by 1 condos from May)

Hobe Sound FL 33455 Condo Market Report June 2016

3 Condos sold in June. (Up by 3 from last month)

Hobe Sound FL 33455 Condo Market Report June 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory levels are at all time lows and it is quite remarkable that there is as much activity as there is in this small segment of the Martin County real estate market.

For June, 2016 the absorption rate is 1.3 months which is what it was back in April (with no sales reported in May, there was no absorption rate for that month).  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 June 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 June 2015 numbers were: 9 active listings, 2 pending sales and 6 closed sales.  Better closed activity for last year, but this was with over twice as many active condos for sale.  Inventory, or lack of, is playing a major obstacle in the Hobe Sound condo market.

Hobe Sound FL 33455 Condo Market Report June 2016

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Hobe Sound FL 33455 Condo Market Report June 2016

Hobe Sound FL 33455 Residential Market Report June 2016

07.22.16 by

Hobe Sound FL 33455 Residential Market Report June 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for June 2016

  For June 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 193 active listings. (Down by 20 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2016

100 Residential sales are pending and awaiting close  (Up by 10 homes from May)

Hobe Sound FL 33455 Residential Market Report June 2016

54 Homes Sold in June (Up by 2 homes from last month)

Hobe Sound FL 33455 Residential Market Report June 2016

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County continues perform strongly even as the inventory declined for this month, though still greater than last year.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 inched up to 3.6 months (4.1 months in May).  Continuing in the trend for all of Martin County as a sellers market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for June 2015 were:  150 active listings, 119 pending sales and 61 closed sales.  Interestingly for Hobe Sound the inventory is up from last year while volume of sales and pending sales is still lower.  Though, this is still an active market, just not as super heated as last year.

Hobe Sound FL 33455 Residential Market Report June 2016

Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound FL 33455 Residential Market Report June 2016

Portofino Condos at Jensen Beach July 2016 Market Update

07.22.16 by

Portofino Condos at Jensen Beach July 2016 Market Update

As of July 2016 there are no condos available for sale in Portofino.

There is one condo that is under contract and has not sold to date.  This 2 Bedroom, 2 bathroom condo was listed for $129,000 ($121.13 per sq. ft. of living area) and was on the market for 20 days before going under contract.

In the past 12 months, 8 condos have sold, ranging in sales price from $77,500 to $135,000 for an average sales price of $109,050 which equals a price per sq. ft. of $104.92.  The average days on market was 27 days and the average list to sales price ratio was an incredible 96%

Portofino condos remain in high demand and sales prices continue to rise.  Many of the units continue to be controlled by the former developer who has not released them for sale and continues to run a rental program.

Portofino Condos at Jensen Beach are one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach July 2016 Market Update features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

The Condo Owners Association fees range from $190 to $315 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

 

Jensen Beach Florida Real Estate

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Portofino Condos at Jensen Beach July 2016 Market Update

Jensen Beach FL 34957 Residential Market Report June 2016

07.20.16 by

Jensen Beach FL 34957 Residential Market Report June 2016

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for June 2016

 For June 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 99 active listings. (Down by 17 homes from last month)

Jensen Beach FL 34957 Residential Market Report June 2016

70 Residential sales are pending and awaiting close or lender approval. (Increased by 3 homes from May)

Jensen Beach FL 34957 Residential Market Report June 2016

37 Homes Sold (No change in home sales from May)

Jensen Beach FL 34957 Residential Market Report June 2016

The Jensen Beach FL 34957 Residential Market continues to perform well.  After an increase in inventory for last month, we’re back to slim pickings again for the number of available homes for sale.  Both pending and closed activity remains very active.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months ( was 3.1 months in March).  A very extreme sellers market for Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The June 2015 numbers were: 119 active listings, 90 pending sales and 46 home sales closed.   Considerably better numbers from last year along with a greater inventory of available Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report June 2016

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Jensen Beach FL 34957 Residential Market Report June 2016

Palm City FL 34990 Residential Market Report June 2016

07.18.16 by

Palm City FL 34990 Residential Market Report June 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for June 2016

For June 2016 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 362 active listings (Decreased by 15 homes from May)

Palm City FL 34990 Residential Market Report June 2016

 168 Residential sales are pending and awaiting close or lender approval. (Up by 6 homes from last month)

Palm City FL 34990 Residential Market Report June 2016

76 Homes Sold in May (Down by 8 homes from May)

Palm City FL 34990 Residential Market Report June 2016

The Palm City FL, zip code 34990 residential real estate market activity continues to be quite active.  After a slight increase in inventory for last month, it’s back down again for June and sales have slowed somewhat while still being an active market, just not as hot as in previous months.
The monthly absorption rate increased to to 4.8 months from 4.5 months in May.  Still in a strong sellers 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 June 2015 numbers were:  358 active listings, 163 pending sales and 128 closed sales.  Much better closed volume from last year with other metrics very similar.

Palm City FL 34990 Residential Market Report June 2016

 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 June 2016

How to Finance A New Home Before Selling Your Present Home

07.18.16 by

How to Finance A New Home Before Selling Your Present Home

financing

Obtaining financing while owning a home can be tricky; however, there are some options to consider before simply giving up and potentially losing a chance at your new dream home. Stuart, FL (and other area) buyers have several options for balancing the sale and purchase of a home and understanding how those options might help you seal the deal.

Open a Home Equity Line

Tapping the equity in a currently owned home can be a fast and inexpensive way to gather the funds needed for a new purchase.

HELOC (Home Equity Line of Credit) benefits can include:

  • Interest only payments for the amount borrowed.
  • Competitive HELOC rates with good credit.
  • Nominal fee (sometimes free) to open the line.
  • Typically no penalty for closing a line early when the property is sold.

Buyers will need to qualify for a new mortgage with the total debt of the existing mortgages and proposed mortgage payment.

Borrowing from a 401K

Borrowing a down payment from a 401k can be a great way to obtain financing; however, while it’s acceptable to make mention of a 401k loan, its best to suggest speaking with a financial expert and HR representative about the advantages and disadvantages of self-financed down payments.

Apply for a Bridge Loan

Bridge loans bridge the gap between the current home and the purchase of a new home. The loan allows home buyers to tap equity for use as a down payment.

Some bridge loan facts:

  • The cost for a bridge financing is more expensive than a line of credit.
  • Applicants must qualify for both mortgages.
  • Payments may not be required for several months; however, interest will continue to accrue.

Lending guidelines will vary from lender to lender and it’s best to point your clients in the direction of a knowledgeable mortgage professional who can determine the most appropriate financial option.  If you’re looking for options here in Martin County, give me a call and I can recommend some potential folks that can help you.

 

Central Stuart Pool Home New price

07.15.16 by

Central Stuart Pool Home with a New price

 Charming Old Florida Homestead

Overview
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Description
$560,000
Unique Old Florida charm. Enter the home with wood floors and Miami Dade wood ceilings, with wood burning fireplace, exposed beams and vaulted ceilings. Open floor plan with views of the pool from living and family room. Hurricane impact sliders opens up the family room to enjoy the Florida outdoors. The 80 inch smart TV on an adjustable arm allows you to entertain and watch the TV on the patio conveys with the house. Main house has two bedrooms two baths with a third bedroom and half bath with separate entrance. There is a detached apartment with full kitchen and double walk-in closet. Hurricane safe room located on the property. Lush tropical landscaping with some fruit trees. four car detached carport and two storage sheds. Florida living at its best!
Main Features
4 Bedrooms
3 Bathrooms
1 Half Bathroom
3 Units
Interior: 2,148 sqft
Lot: 0.53 acre(s)
Year Built: 1950
MLS #: 386089
Location
221 SE Martin Avenue
Stuart, FL 34996
USA
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Stuart Florida Market Report ZIP Code 34994 Residential June 2016

07.12.16 by

Stuart Florida Market Report ZIP Code 34994 Residential June 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for June 2016

For June, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 70 active listings (Up by 8 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2016

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

 Stuart Florida Market Report ZIP Code 34994 Residential June 2016

17 Homes Sold in May (Down by 1 homes from May)

Stuart Florida Market Report ZIP Code 34994 Residential June 2016

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had excellent activity for June with very strong future activity (pending sales) and also a nice increase in closed sales.  Though, the reduced inventory is a potential problem.

The one month absorption rate for the 34994 zip code for June increased to 4.1 months from 3.4 months for May.  Still in a sellers’ market for the 34994 zip code area of Stuart, FL.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The June 2014 numbers were 64 Active Listings, 38 pending sales and 14 closed sales.   Slightly better volume of activity for this year when compared to June of 2015.

Stuart Florida Market Report ZIP Code 34994 Residential June 2016

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential June 2016

Palm City Open House: Sunday July 10

07.09.16 by

Palm City Open House: Sunday July 10

2951 SW Pond Way, Palm City, FL

OPEN HOUSE
July 10, Sunday 1:00 PM – 3:00 PM
Palm Isles real estate in Palm City
  • Description
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$ Click for current price
3 BEDROOMS | 2 (2 full ) BATHROOMS | 1585 SQUARE FEET

3/2/2 home located in the popular gated community of Palm Pointe. Enter into vaulted ceilings, open floor plan with separate dining room. Kitchen has stainless steel appliances, eat-in kitchen area, pantry and breakfast bar that opens to the family room. Sliding glass doors open up to screen patio. Large master with walk in closet. Split floor plan with inside laundry area. Community pool and tennis courts. Martin County “A” rated schools. Close to I-95, FL turnpike, shopping, restaurants, parks and beaches. Florida living at its best.

Presented By:

Gabe Sanders

BlueWater Realty Services LLC
772-323-6996
Licensed In: FL
License #: 3090099

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Rocky Point July 2016 Market Report

07.07.16 by

Rocky Point July 2016 Market Report

Here is your Rocky Point July 2016 market Report in Stuart Florida:

There are currently 44 active listings in Rocky Point.  List prices range from a low of $39,500 up to $1,950,000 which results in an average list price of $386,461 or $182.12 per square foot of living area.  As of July 8, 2016 these properties were averaging 115 days on the market.

26 homes and condos are under contract (pending sales) and awaiting closing.    Listing prices ranged from $154,900 to $2,490,000 for an average list price of $414,050 which is $158.73 per square foot of living area.  These properties averaged 106 days on the market before accepting a contract.

In the past 12 months, 192 properties have sold in Rocky Point with sales prices ranging from $57,000 to $2,300,000 for an average sales price of $335,619 which equals $168.71 per square foot of living area.  The average days on market was 113 with a 96% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point real estate

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

 Rocky Point real estate

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

 Rocky Point real estate

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

Rocky Point real estate

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

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

Rocky Point real estate

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Find the Perfect Home for Sale Today

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

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Rocky Point July 2016 Market Report

Another Conquistador Condo Sold (4-308)

07.03.16 by

Another Conquistador Condo Sold (4-308)

One more Conquistador condo is now occupied by new owners through the efforts of the Gabe Sanders Stuart FL Real Estate Team.  Building 4, Suite 308 has been sold for the price of $118,000.  I know that these folks from Missouri will be very happy in their new home.

Conquistador Condo in Stuart FL

Exceptionally well maintained condo in a vibrant 55+ community with multiple pools, active clubhouse and a 2 acre waterfront plaza on the banks of the Saint Lucie River with a fishing pier and day dock.  For golfers, the 36 hole Martin County municipal golf course is right next door.

Conquistador Condo in Stuart FL Conquistador Condo in Stuart FL

An updated 2 BR, 2 BA home with granite counters and resilient flooring.  Third floor (top floor) in an elevator building with lovely courtyard and pool views. Washer and dryer in the unit.  Wood flooring and updated appliances. Close to historical downtown Stuart, restaurants, shopping, boating and our beaches.

Conquistador Condo in Stuart FL

About Conquistador Condos and Homes:

Conquistador is the prime senior location in Stuart Florida.  Conquistador Condo Building 4 Suite 308 Under Contact are located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single family homes (the estates section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main club house pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Condos in Conquistador

 For any questions you may have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Another Conquistador Condo Sold (4-308)

June 2016 Market Report Locks Landing in Stuart Florida

07.02.16 by

June 2016 Market Report Locks Landing in Stuart Florida

As of June 2016, there were 7 homes on the market in Locks Landing in Stuart Florida.  Listing prices range from $349,000 to $454,000 for an average price of $405,129 which equates to a per square foot of $181.37.

There are 2 homes currently under contract.  List prices were $375,000 and  $499,000, or an average list price of $437,000 which equals $191.52 per sq. ft. of living area.  These homes averaged 1 day on the market before going under contract.

In the past 12 months, 21 homes have sold in Locks Landing with sales prices ranging from $350,000 to $505,000 for an average sales price of $409,924 or $170.37 per sq. ft. of living area. These sales averaged at 96% of listing price and on average went under contract within 79 days of being listed.

Locks Landing in Stuart FL

Locks Landing in Stuart Florida is a planned unit community of 243 homes on the south eastern shore of the Saint Lucie Waterway, just upstream of the Locks on the Okeechobee Water Way at Phipps Park in Stuart, Florida.

Locks Landing in Stuart FL

Locks Landing homes range in sizes from just under 2,000 square feet of living area to some spacious 3,000 square feet plus homes on spacious preserve lots.   Many homes enjoy lake views and a few homes offer views of the Saint Lucie Waterway.  This wonderful family neighborhood boasts a number of docks with available water and electrics..  Easy access through the lock to the main Saint Lucie river and out to the crystal clear waters of the Atlantic Ocean or sail west into Lake Okeechobee for a fabulous day of fresh water fishing.  For those without their own boat dock, there’s a convenient boat ramp to allow all to enjoy the fabulous boating available to all residents of Martin County.

Locks Landing in Stuart FL Locks Landing in Stuart FL

Locks landing is only moments to I-95 for those needing to commute either north or south on the Interstate.  The equestrian farms of Martin County are only a short drive to the west; while to the east is shopping, restaurants, beaches and all the amenities that Martin County has to offer.  This family friendly community also boasts an ‘A’ rated school system with local children attending Crystal Lake Elementary School, David L Anderson Middle School and South Fork High School

Locks Landing in Stuart FL Locks Landing in Stuart FL

To view the current homes available for sale in Locks Landing please select the following link:
Locks Landing Homes for Sale

 

For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

June 2016 Market Report Locks Landing in Stuart Florida

 

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

06.30.16 by

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

The May 2016 Monthly Market Detail St Lucie County Townhouses and Condos had a surprisingly strong may after a number of not so stellar months earlier.  Closed sales were up 19.0% from last year (was up 2.9% in April) while new pending sales increased by 13.6% (was down by 8.5% in April).

Prices were mixed with the median sales price increasing by 3.6% (was up by 10.0% in April) while the average sales price decreased by 2.9% (increased 4.7% in April).  St Lucie County townhouses and condos are showing a very sustainable slow increase in prices for the past few months.

The inventory of available townhouses and condos decreased by 37 units from last month to 605 units, which is 4.1% greater than May 2015. The current supply of inventory dropped to 6.0 months, which is 5.3% greater than last year.  The St Lucie County townhouses and condos market remains a balanced market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

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

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.

May 2016 Monthly Market Detail St Lucie County Townhouses and Condos

May 2016 Monthly Market Detail St Lucie County Single Family Homes

06.29.16 by

May 2016 Monthly Market Detail St Lucie County Single Family Homes

May 2016 Monthly Market Detail St Lucie County Single Family Homes is bucking the trend from the rest of Florida amd it’s neighbor to the south with strong increases in activity as compared to last year.  Closed sales were up by 11.2% (in April they were down by 3.0%) and new sales under contract (new pending sales) increased by 7.7% (they were up by 7.6% last month).

And along with increased sales prices are also continuing to go higher for May.  Both the median and average sales prices up by 15.6% and 15.2% respectively from last May (For April these numbers were 12.9% and 15.5%).

Active listings fell by 91 homes to 1,628 homes.  This inventory is 6.3% greater than last year.  The current supply of homes is at 3.6 months (an 9.1% increase from last year). The St Lucie County single family home market remains in a hot sellers market.

May 2016 Monthly Market Detail St Lucie County Single Family Homes

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

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.

May 2016 Monthly Market Detail St Lucie County Single Family Homes

May 2016 Monthly Market Detail Martin County Townhouses and Condos

06.28.16 by

May 2016 Monthly Market Detail Martin County Townhouses and Condos

May 2016 Monthly Market Detail Martin County Townhouses and Condos had less volume of closed and pending sales from last year, but is still a very active market.  Closed sales were down by 5.1% (was up by 3.9% in April) and new sales under contract (new pending sales) were down by 5.4% from May 2014 (decreased by 8.4% in April).

Slightly mixed signals with prices as the median sales price dropped by .0.4% (was up by 19.1% in April) while the average sales price increased by 6.7% (was up by 28.9% in April) as compared to May of 2015.  After many months of double digit price gains, this moderation will be welcome news to buyers.

The inventory of available townhouses and condos increased by 7 units to 417 properties as compared to last month.  The second month of increases. This is 1.7% above the May 2015 inventory.  Currently, there’s a 4.2 month supply of inventory (a 7.7% increase from last year).  Still in a sellers market for townhouses and condos for Martin County.

May 2016 Monthly Market Detail Martin County Townhouses and Condos

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

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.

May 2016 Monthly Market Detail Martin County Townhouses and Condos