The Lakes at St Lucie West Just Sold

Just sold by Gabe Sanders in the Lakes at St Lucie West for $230,000. I represented the buyer for the sale of this very well presented pool home in Port St. Lucie.

Spectacular 3 bedrooms, 2bath, 2car garage turnkey ready home situated in the beautiful ”The Lakes” at St. Lucie West. Home features: 10ft ceilings,20×20 ceramic tile, 36’inc cabinets w/crown molding, granite counter tops in kitchen with backslash and bathrooms, sky lights, stainless steel appliances, ceiling fans w/remote control, new washer and dryer, pocket sliding doors, accordion shutters, crown molding door frames, central vacuum system, 8,000 watts backup generator, Alarm system, newly screened pool deck, In ground pool, fenced backyard, new pool motor with pool vacuum, 2009 new roof w/gutters, 2009 A/C, 2012 water heater, 2009 new garage door. Centrally located less than 3 miles from shopping centers, theaters, restaurants, I95 and much more

For more information and for assistance in buying or selling on Florida’s Treasure Coast please visit my web site:

www.GabeSanders.com

September 2016 Monthly Market Detail Martin County Townhouses and Condos

10.29.16 by Gabe Sanders

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Townhouses and Condos had reduced sales volume and prices for September as compared to last year, yet still remains a very active market. Closed sales were down for the month, decreased by 3.2% (was up by 4.8% in August) while new sales under contract (new pending sales) were down by 16.8% from September 2014 (decreased by 8.7% in August).

Prices were mixed for September as the median sales price increased by 6.5% (was down by 9.3% in August) while the average sales price decreased by 4.0% (was down by 8.2% in August) as compared to September of 2015. Typically this split indicates a greater number of sales in the lower priced ranges and slower movement in the higher priced segments.

The inventory of available townhouses and condos decreased by 13 units to 364 properties as compared to last month. This is 11.3% greater than the September 2015 inventory. Currently, there’s a 3.7 month supply of inventory (an 11.3% increase from last year). Still a strong 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:
September 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.

September 2016 Monthly Market Detail Martin County Townhouses and Condos

September 2016 Monthly Market Detail Martin County Single Family Homes

10.28.16 by Gabe Sanders

September 2016 Monthly Market Detail Martin County Single Family Homes

The September 2016 Monthly Market Detail Martin County Single Family Homes continues to show reduced sales volume when compared to last years figures, yet remains a strong market. Closed sales were down by 9.2% (was down by 9.1% in August). New pending sales decreased by 1.6% as compared to September of 2015 (Decreased by 7.8% in August).

For September there were mixed signals about prices with the median sales price rising by 12.4% from last year (up by 0.5% in August) while the average price decreased by 8.1% (was up by 2.2% last month). Typically this is a result of higher prices in the lower valued range of home sales and fewer sales in the luxury market.

The inventory of available single family homes decreased from last month by 14 homes to 985 units for September, this is 8.7% greater than last September. Current supply of homes is 5.0 months, for September of last year it was a 4.3 months supply. (This is a 16.3% increase from last year). Still a sellers market for Martin County single family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
September 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.

September 2016 Monthly Market Detail Martin County Single Family Homes

September 2016 Monthly Market Detail Florida Townhouses and Condos

10.27.16 by Gabe Sanders

September 2016 Monthly Market Detail Florida Townhouses and Condos

The September 2016 Monthly Market Detail Florida Townhouses and Condos had a weaker month for sale activity as compared to last year. Closed sales were down by 3.9% as compared to last months increase of 3.3% and new sales under contract (new pending sales) decreased by 5% (In August there was a 6.1% decrease).

Price changes were mixed this month with the median prices rising while average prices declined.. Median sales prices were up by 6.7% (was also up by 6.7% in August), while the average sales price decreased by 2.9% (was up 3.4% in August). As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate.

The inventory increased by 9.3% from September of last year. For August 2016 we have 5.8 months of inventory (was also 5.8 months in August) and compared to 5.1 for September 2015. We are approaching a balanced market for Florida townhouse and condo sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
September 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.

September 2016 Monthly Market Detail Florida Townhouses and Condos

Beau Rivage October 2016 Market Report

10.27.16 by Gabe Sanders

Beau Rivage October 2016 Market Report

For October 2016, there are 4 homes for sale in Beau Rivage. List prices range from $339,000 up to $859,900 for an average list price of $474,700 or $181.90 per sq. ft. of living area.

There are 2 homes under contract which haven’t completed their sale. List prices for these homes were $189,900 and $224,900 for an average list price of $207,400 which works out to $133.63 per sq. ft. of living area. These homes averaged 34 days on the market before going under contract.

In the past 12 months, 13 homes have sold in Beau Rivage. Sales prices ranged from $185,000 up to $850,000. The average sales price was $370,362 which equaled $163.76 per sq. ft. of living area. These homes averaged 93 days on market before going under contract and sold for an average of 96% of the last list price.

About Beau Rivage Real Estate in Stuart FL

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family and Florida rooms. Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary school and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Search for Beau Rivage Homes for Sale

September 2016 Monthly Market Detail Florida Single Family Homes

10.26.16 by Gabe Sanders

September 2016 Monthly Market Detail Florida Single Family Homes

The September 2016 Monthly Market Detail Florida Single Family Homes showed slightly weaker sales activity from last year. Closed sales were down by 0.5% (was up by 8.2% in August) and new sales under contract (new pending sales) were down by 4.8% (was down by 1.1% in August).

Both the median and average sales prices, though, continue to rise from September 2015 to September 2016. Up by 11.3% and 6.8% respectively, compared to August’s 12.6% and 9.3%. I expect the rate of price increases to moderate of sales continue to slow and if inventory begins to rise.

The inventory of available homes for sale fell by 1.6% from last year. For September there was only a 4.2 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (September of 2015 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.

Click here to view or download the full report:

September 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.

September 2016 Monthly Market Detail Florida Single Family Homes

Hobe Sound FL 33455 Condo Market Report September 2016

10.25.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2016

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

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

There are currently 5 active condo listings. (Up by 1 condos from August)

3 Condos are pending and awaiting close. (Down by 2 pending condos from August)

3 Condos sold in September. (The same number of closed sales from August)

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 September, 2016 the absorption rate is 1.7 month (it was 1.3 months in August). 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 September 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 September 2015 numbers were: 2 active listings, 4 pending sales and 2 closed sales. It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory.

Search Hobe Sound Condominium Properties by Price

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2016

Beacon 21 Jensen Beach October 2016 Market Report

10.25.16 by Gabe Sanders

Beacon 21 Jensen Beach October 2016 Market Report

There are currently 7 condos for sale in Beacon 21 in Jensen Beach FL. These condos have listing prices from $89,000 to $110,000 for an average list price of $103,214 which equals $94.39 per sq. ft. of living area.

3 Condos are currently under contract. These condos had list prices from $74,850 up to $144,500 for an average list price of $106,450 or $93.97 per sq. ft. of living area. These condos averaged 47 days on the market before going under contract.

In the past 12 months 26 condos have sold in Beacon 21. Sales prices ranged from $59,000 up to $130,000 for an average sales price of $86,014 which works out to $77.17 per sq. ft. of living area. These condos averaged 56 days on the market before going under contract and sold for an average of 95% of the last listed price.

About: Beacon 21 Condos in Jensen Beach

Beacon 21 Condos in Jensen Beach

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707). This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 Condos in Jensen Beach

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages. There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well. These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet friendly allowing for one medium sized pet with some areas allowing up to 2. Rentals are also permitted with some restrictions.

Beacon 21 Condos in Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffle board courts for Beacon 21. And, as a bonus there is dockage for smaller boats (up to 21’) with ocean access. These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $200 to $450 a month depending on the location and size of the condo. Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school and the Jensen beach high school.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

Hobe Sound FL 33455 Residential Market Report September 2016

10.24.16 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report September 2016

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

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

There are currently 193 active listings. (Up by 21 homes from August)

64 Residential sales are pending and awaiting close (Down by 25 homes from August)

47 Homes Sold in September (Down by 1 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County returned to just very active from a red hot August. Hobe Sound remains a very strong segment of the Martin County real estate market.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.1 months (2.9 months in August). Still in a strong sellers market for Hobe Sound residential sales. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2015 were: 162 active listings, 89 pending sales and 32 closed sales. Better closed volume for this year while last year showed better pending activity. All, with a somewhat higher inventory this year.

Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound FL 33455 Residential Market Report September 2016

Be Ready to Show and Sell

10.23.16 by Gabe Sanders

Be Ready to Show and Sell

So you’re ready to buy a new home; to start a new and exciting phase of your life in what just may be the house of your dreams.

First, though, you have to sell your current place of residence; and doing so will take just a bit of steady and ongoing effort on your part to show off your current residence to its best effect.

You might begin the selling process by conducting a thorough cleaning and even remodeling of your current residence. And while this is a great idea, you also should work to maintain the beauty and order of your home for the duration of the selling process.

Think of it this way. The moment that you put your house up for sale, you technically begin to share it with any number of potential buyers; people who will be in and out of the home from now until the point that one of them (or so we hope) signs a contractual promise to buy the home. So with that in mind, here are a few ways to keep your home in sellable condition—up to and until it actually sells.

1. Spot clean. If you notice any spots, splotches or stains anywhere in your home, make it a point to clean and clear them right away. Your Realtor, after all, could call or visit at any moment to arrange a showing of your home. Make sure that you—and your home—are ready.

2. Organize. Throughout the course of a standard week, even the neatest houses become gathering places for discarded daily newspapers, books and work/school papers that have been cast aside, and common trash items that range from sandwich bags to candy bar wrappers. Make sure that you collect these items before they hit the ground, disposing those that are no longer needed and organizing and storing those that still have value.

3. Take care of your lawn. First impressions mean a lot; and when potential buyers pull up in front of your home, the first thing that they likely will see is your front lawn. So trim, mow and rake this area on a regular basis, also taking care to keep your driveway and sidewalks clean and in good order.

4. Take care of the basics. Be sure at all times that your carpet is vacuumed, your dishes are done and put away, and that your trash has been collected and taken to the curb. All of these small steps can add up to a big first impression for potential buyers; one that just might lead to the swift and successful sale of your home.

Jensen Beach FL 34957 Residential Market Report September 2016

10.22.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report September 2016

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

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

There are currently 169 active listings. (Up by 2 homes from last month)

78 Residential sales are pending and awaiting close or lender approval. (Increased by 11 homes from August)

32 Homes Sold (Up by 1 home sales from August)

The Jensen Beach FL 34957 Residential Market showed increased activity for September after last month. Both pending and closed sales numbers were higher along with a small increase in inventory.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 edged down to 5.3 months ( was 5.4 months in August). Still a sellers’ market for the Jensen Beach residential real estate segment. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The September 2015 numbers were: 119 active listings, 61 pending sales and 31 home sales closed. Better closed and pending activity this year, but this is with a far greater number of available homes.

Jensen Beach FL 34957 Residential Market Report September 2016