December 2015 Monthly Market Detail Martin County Single Family Homes

01.29.16 by

December 2015 Monthly Market Detail Martin County Single Family Homes

The December 2015 Monthly Market Detail Martin County Single Family Homes ended the year with weaker sales volume than last year, while prices continue to rise.  Year to year closed sales were down by 9.6% (was up 6.5% in November). New pending sales decreased by 10.6% as compared to December of 2014 (Increased by 4.9% in November).

Prices continue their upward march.  The median sales price was up by 5.3% from last year (up by 13.0% in November) while the average price increased by 18.4% (was up by 30.6% last month).  A little slower rate of appreciation as compared to last month, but still very strong growth in values.

The inventory of available single family homes increased from last month by 12 homes to 1141 units this month, and this inventory is 11.2% less than last December.  Current supply of homes is 4.9 months, for November of this year it was a 4.8 months supply. (This is a 21.0% decrease from last year).  Continuing as a strong sellers market.  The reduced inventory is the current cause of the slower sales volume.  Hopefully, with the increase in values there will be some increasing inventory in the months ahead.

December 2015 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
December 2015 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.

December 2015 Monthly Market Detail Martin County Single Family Homes

Lake Tuscany January 2016 Market Report

01.26.16 by

Lake Tuscany January 2016 Market Report

As of January 2016, there are 2  homes available for sale with listing prices from $419,900 to $429,000 for an average list price of $424,450 which is a price per square foot of living area of $146.67.

There are no homes currently under contract and awaiting settlement in Lake Tuscany.

In the past 12 months, 6 homes have sold in Lake Tuscany ranging in sales price from $335,000 to $460,000 for an average sales price of $381,416 which equals $126.35 per sq. ft. of living area.  These homes took an average of 86 days on market to go under contract and sold at 97% 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 real estate Stuart FL Lake Tuscany real estate Stuart FL

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.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

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.

 Lake Tuscany real estate Stuart FL

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

For any questions you may have about January 2016 Lake Tuscany Real Estate Update in Stuart FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Lake Tuscany January 2016 Market Report

 

January 2016 Market Report for Osprey Cove in Hobe Sound

01.25.16 by

January 2016 Market Report for Osprey Cove in Hobe Sound

There are currently 5 homes for sale in Osprey Cove in Hobe Sound, FL.  Listing prices range from $525,000 to $1,050,000 for an average list price of $731,600 or a price per square foot of living area of $232.49.

There are 2 homes under contract which have not closed to date.  List prices are $539,000 to $599,999 for an average list price of $569,499 or $231.34 per sq. ft. of living area.  These homes were on the market for an average of 88 days before accepting these offers.

In the past 12 months, 10 homes have sold in Osprey Cove with sales prices ranging from $485,000 to $793,000 for an average sale price of $609,300 or $213.63 per sq. ft. of living area. These sales averaged 50 days on the market and sales prices averaged 96% of list price.

Osprey Cove in Hobe Sound

Clubhouse

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.

Osprey Cove in Hobe SoundFor 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.

Osprey Cove in Hobe Sound

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.

Osprey Cove in Hobe Sound

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

January 2016 Market Report for Osprey Cove in Hobe Sound

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

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January 2016 Market Report for Osprey Cove in Hobe Sound

December 2015 Monthly Market Detail Florida Townhouses and Condos

01.24.16 by

December 2015 Monthly Market Detail Florida Townhouses and Condos

The December 2015 Monthly Market Detail Florida Townhouses and Condos showed weaker activity as compared to last year to end 2015. Closed sales were down by 1.2% as compared to last months increase of 5.7% and new sales under contract (new pending sales) decreased by 5.2% (In November there was a 7.2% decrease).

The median sales price was up again by 5% (up by 7.1% in November), while the average sales price declines by 2% (was up 8.2% in November).  After some very strong price increases for the past two years, this rate of increase seems to be moderating for this month.

The inventory decreased by 1.8% from December of last year.  For December 2015 we have 5.4 months of inventory (was 5.5 months in November) also was 5.9 from last December.  A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

December 2015 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:
December 2015 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.

December 2015 Monthly Market Detail Florida Townhouses and Condos

Portofino Condos at Jensen Beach January 2016 Market Update

01.24.16 by

Portofino Condos at Jensen Beach January 2016 Market Update

As of January 2016 there are two condos available for sale in Portofino.  These two are listed for $84,900 and $150,000 for an average list price of $117,450 which equals $124.09 per sq. ft. of living area.

There are no condos pending at this time.

In the past 12 months, 7 Portofino condos have sold, ranging in sales price from $61,500 to $135,000 for an average sales price of $92,364 which equals a price per sq. ft. of $90.63.  The average days on market was 13 and the average list to sales price ratio was 95%.

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 January 2016 Market Update

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 January 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.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

 

Portofino Condos at Jensen Beach January 2016 Market Update

Portofino Condos at Jensen Beach January 2016 Market UpdateThe 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.

Portofino Condos at Jensen Beach January 2016 Market Update

Portofino at Jensen Beach

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.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

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 January 2016 Market Update

December 2015 Monthly Market Detail Florida Single Family Homes

01.23.16 by

December 2015 Monthly Market Detail Florida Single Family Homes

The December 2015 Monthly Market Detail Florida Single Family Homes improved only marginally from last December, but somewhat beter than last month.  Closed sales were up by 2.9% (was up by 1.9% in November) and new sales under contract (new pending sales) were down by 1.4% (was down by 2.8% in November).

Both median and average sales prices continue to rise ( December 2014 to December 2015) by 11.6% and 7.7% respectively, compared to November’s 13.6% and 9.6%.  Slightly slower rate of increase than for last mont.

The inventory of available homes for sale fell by 6.6% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For December there was only a 4.3 months supply of inventory, this is a sellers market with the advantage for sellers. (December of 2014 had a 5.2 month supply)

December 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

December 2015 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.

December 2015 Monthly Market Detail Florida Single Family Homes

Hobe Sound FL 33455 Condo Market Report December 2015

01.22.16 by

Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2015

For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

1 Condos are pending and awaiting close. (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

1 Condos sold in November (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2015

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  With only 4 actively listed condos, there’s just not that many options out there for buyers.  Amazingly, there were no changes from last month at all.

The current absorption rate is 4 months (Unchanged from last month).  This absorption rate should be taken with a liberal grain of salt, as small changes in activity make for very large changes on percentages that may 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 December 2014 numbers were: 13 active listings, 6 pending sales and 5 closed sales.  Much better activity last year with considerably more inventory to work with.

Hobe Sound FL 33455 Condo Market Report December 2015

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Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound FL 33455 Residential Market Report December 2015

01.21.16 by

Hobe Sound FL 33455 Residential Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2015

  For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 187 active listings. (Up by 21 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2015

61 Residential sales are pending and awaiting close  (Down by 14 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2015

40 Homes Sold in December (Up by 12 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2015

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded from a slower November with an increase in closed sales and inventory as well.  Unfortunately, pending sales were off for December.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.7 months (5.9 months in November).  Back into a sellers market for December after one month of a balanced 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 December 2014 were:  231 active listings, 67 pending sales and 33 closed sales. Showing better closed activity for this year even with the reduced inventory.

Hobe Sound FL 33455 Residential Market Report December 2015

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Hobe Sound FL 33455 Residential Market Report December 2015

Great New Price for this Rocky Point Home with Boating Access

01.21.16 by

Great New Price for this Rocky Point Home with Boating Access

4575 SE Manatee Terrace in Rocky Point, Stuart, FL can now be yours for only $260,000.

Adorable 2 bedroom, possible 3 bedroom home located in desirable ROCKY POINT. Property has a water view of the Manatee Pocket from the back yard. Located on an oversize lot with plenty of room to expand, put in a pool or full size garage. CBS construction with terrazzo floors throughout and open floor plan. Kitchen has breakfast bar and Corian counter tops. Screened in back porch and covered front porch. Large carport with equipment closet. Located at the end of the street just 1 house in from the water. Comes with a deeded boat ramp with water access just across the street. Boat slip rentals within walking distance. Hang your hammock under the large mango tree and enjoy Florida living.

  Rocky Point in Stuart FL real estate Rocky Point in Stuart FL 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 in Stuart FL real estate Rocky Point in Stuart FL 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 in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

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Great New Price for this Rocky Point Home with Boating Access

Jensen Beach FL 34957 Residential Market Report December 2015

01.19.16 by

Jensen Beach FL 34957 Residential Market Report December 2015

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2015

 For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

 There are currently 121 active listings. (Down by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report December 2015

68 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2015

28 Homes Sold (Increased by 10 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2015

The Jensen Beach FL 34957 Residential Market had a very nice jump in closed sales for December while both pending sales and invenotry were basically unchanged.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.3 months (was 6.8 months in November).  Slid right back into a sellers market after a one month stint in a balanced market.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2014 numbers were: 140 active listings, 56 pending sales and 33 home sales closed.   A little greater closed activity last year, but better pending sales this year and all with a reduced inventory from last year.
Jensen Beach FL 34957 Residential Market Report December 2015

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Jensen Beach FL 34957 Residential Market Report December 2015

Palm City FL 34990 Residential Market Report December 2015

01.17.16 by

Palm City FL 34990 Residential Market Report December 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2015

For December 2015 in the 34990 Zip Code area of Palm City Florida :

 

There are currently 375 active listings (Decreased by 14 homes from November)

Palm City FL 34990 Residential Market Report December 2015

 114 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from last month)

Palm City FL 34990 Residential Market Report December 2015

60 Homes Sold in November (Increased by 13 sold homes from November)

Palm City FL 34990 Residential Market Report December 2015

After a fairly weak November, the Palm City FL 34990 came back strong for December.  Unfortunately the inventory decreased this month after some much needed increases in the past few months. Pending sales were off a little while we had a nice jump in closed sales.
 The current absorption rate increased to to 6.3 months from 8.3 months in November.  Back into a balanced 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 December 2014 numbers were:  431 active listings, 116 pending sales and 76 closed sales.  Better closed activity last year, though pending sales are just as strong this year even with the reduced inventory.

Palm City FL 34990 Residential Market Report December 2015

 Search here for Palm City Florida Real Estate for Sale

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Palm City FL 34990 Residential Market Report December 2015

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

01.11.16 by

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2015

For December, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 59 active listings (Decreased by 2 homes from November)

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

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

 Stuart Florida Market Report ZIP Code 34994 Residential December 2015

12 Homes Sold in November (No change from November)

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed little changes from the previous month.  Sales were unchanged while both pending sales and active inventory both dropped slightly.

The one month absorption rate for the 34994 zip code for December decreased to 4.9 months from last months 5.1 months.  Still a sellers market for the 34994 zip code area of Stuart, FL.

The December 2014 numbers were 89 Active Listings, 24 pending sales and 12 closed sales.   Considerably less inventory for 2015 as compared to last year.  Though sales are still equal to 2014.

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

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Stuart Florida Market Report ZIP Code 34994 Residential December 2015

Spacious 4BR Port St Lucie Leased

01.11.16 by

Spacious 4BR Port St Lucie Leased


Sorry, but this home has been leased.  Call us for more that may be coming soon.
Overview
Maps
Photos
Description
$1,700
Spacious 4 Bedroom 2 bathroom home built in 2005 with solid CBS construction, tiled throughout.  Featuring a formal living and dining, large family room, kitchen with breakfast bar and eat-in kitchen area.  Split plan.  Large lanai opens to back yard that provides plenty of room for BBQ and playing. Conveniently located, close to restaurants and shops.
Main Features
4 Bedrooms
2 Bathrooms
Interior: 2,254 sqft
Lot: 0.23 acre(s)
Year Built: 2005
MLS #: RX-10191281
Location
901 SW Worcester Ln.
Port St Lucie, FL 34953
USA
Gabe Sanders Gabe Sanders
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Spacious 4BR Port St Lucie Leased

Downtown Stuart Condo New Price

01.04.16 by

Downtown Stuart Condo New Price

Downtown Stuart Condo New Price in Downtown Stuart FL

Unit B-3 in the Royal Oak Towers of Stuart FL is now offered for $123,500 through the Gabe Sanders BlueWater realty team.

Downtown Stuart Condo New Price in Downtown Stuart FL Downtown Stuart Condo New Price in Downtown Stuart FL

A light and bright 2 bedroom, 2 bathroom condo in the beautiful downtown Stuart area. Open living room/dining room combo with pass through to kitchen. With new hurricane impact windows throughout the building.  Your screened patio overlooks the fountain in the courtyard. And lots of windows to give you great natural light. High ceilings. There is 1 covered parking space with easy access to elevator (Pickups and motorcycles allowed). Close to downtown Stuart, restaurants, shops and Lyric Theater and a short walk to the Hospital. Beaches, boating and fishing are also only minutes away. All ages are welcome and 1 large pet is allowed.  This is a very well maintained unit.

Downtown Stuart Condo New Price in Downtown Stuart FL Downtown Stuart Condo New Price in Downtown Stuart FL

Downtown Stuart Condo New Price in Downtown Stuart FL Downtown Stuart Condo New Price in Downtown Stuart FL

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More information about Stuart Florida Real Estate can be found on the Gabe Sanders BlueWater Realty team’s web site.

Downtown Stuart Condo New Price

 

 

Great Price for this Stuart Home with Boating Access

01.03.16 by

Great Price for this Stuart Home with Boating Access

4575 SE Manatee Terrace in Rocky Point, Stuart, FL has been reduced to $270,000.  Across the street from an ocean access boat ramp and plenty of room to store your boat and trailer on this lot.

Adorable 2 bedroom, possible 3 bedroom home located in desirable ROCKY POINT. Property has a water view of the Manatee Pocket from the back yard. Located on an oversize lot with plenty of room to expand, put in a pool or full size garage. CBS construction with terrazzo floors throughout and open floor plan. Kitchen has breakfast bar and Corian counter tops. Screened in back porch and covered front porch. Large carport with equipment closet. Located at the end of the street just 1 house in from the water. Comes with a deeded boat ramp with water access just across the street. Boat slip rentals within walking distance. Hang your hammock under the large mango tree and enjoy Florida living.

  Rocky Point in Stuart FL real estate Rocky Point in Stuart FL 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 in Stuart FL real estate Rocky Point in Stuart FL 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 in Stuart FL real estate Rocky Point in Stuart FL real estate

Rocky Point in Stuart FL real estate Rocky Point in Stuart FL real estate

Search for all Rocky Point Homes for Sale

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View all of our Listings

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Great Price for this Stuart Home with Boating Access

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

12.29.15 by

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The November 2015 Monthly Market Detail St Lucie County Townhouses and Condos came back strong from a weak October.  Closed sales were up 26.1% from last year (was down 5.4% in October) while new sales under contract (new pending sales) increased by 39.0% (was up by 1.8% in October).

The median sales price increased by 12.4% (down 6.1% in October) while the average sales price was u[p by 3.2% (was unchanged in October).  After an off October, prices have once again resumed their climb.

The inventory of available townhouses and condos increased by 6 units from last month to 562 units, which is still down from last November by 16.7%. Current supply of inventory remained unchanged from last month’s 5.3 months. This is 19.3% lower than last year. The St Lucie County townhouse and condo market continues as a sellers’ market, though approaching a balanced one. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail St Lucie County Townhouses and Condos

November 2015 Monthly Market Detail St Lucie County Single Family Homes

12.28.15 by

November 2015 Monthly Market Detail St Lucie County Single Family Homes

November 2015 Monthly Market Detail St Lucie County Single Family Homes had a weak month for closed sales as compared to last year.  Closed sales were off by 13.3% (in October they were up by 0.4%) and new sales under contract (new pending sales) decreased by 21.0% (they were down by 26.8% last month).

Inexplicably, the median and average sales prices continue their relentless march higher with increases of 10.8% and 17.2% respectively from last November (For October these numbers were 14.1% and 16.1%).

Active listings increased in November (from last month) by 75 homes to 1,750, though this is still lower than last year’s inventory, but only by 2.5%.  The current supply of inventory is 3.7 months (a 0.3% decrease from last year). The Saint Lucie County single family home market remains in a strong sellers market.  Hopefully, we will once again see increasing volume of sales as the inventory rises.

November 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail St Lucie County Single Family Homes

November 2015 Monthly Market Detail Martin County Townhouses and Condos

12.27.15 by

November 2015 Monthly Market Detail Martin County Townhouses and Condos

November 2015 Monthly Market Detail Martin County Townhouses and Condos  is showing weaker closed activity year to year for the second month in a row.  Closed sales were down by 18.7% (was down by 5.7% in October) and new sales under contract (new pending sales) were down by 5.7% from November 2014 (decreased by 12.9% in October).

Even though the sales volume is off, prices continue to rise and very strong rates.  The median sales price was up by 18.4% (was up by 4.0% in October) while the average sales price increased by 38.2% (was down by 2.2% in October) as compared to November of 2014.

The inventory of available townhouses and condos has increased by 25 units to 398 properties from last month.  It’s good to see some increased inventory, though this is still 20.3% below the November 2014 inventory.  Currently, there’s a 3.7 month supply of inventory (a 20.3% decrease from last year).  Still in a strong sellers market for townhouses and condos for Martin County.  We are heading into the slower season for condo sales and I expect to see a little more weakening for our market until after the holidays.

November 2015 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail Martin County Townhouses and Condos

November 2015 Monthly Market Detail Martin County Single Family Homes

12.26.15 by

November 2015 Monthly Market Detail Martin County Single Family Homes

The November 2015 Monthly Market Detail Martin County Single Family Homes continues to show improvement both annually and monthly.  Year to year closed sales were up by 6.5% (was up 13.4% in October). New pending sales increased by 4.9% as compared to November of 2014 (decreased by 19% in October).

Prices continue their upward march.  The median sales price was up by 13.0% from last year (up by 15.6% in October) while the average price increased by 30.6% (was up by 12.3% last month).  This very strong price trend is a bit troubling as it seems to be at much to high of a pace to be sustainable for the long run.  I expect some moderation of these increases in the near future.

The inventory of available single family homes decreased from last month by 33 homes to 1129 units this month, and this is inventory is 10.4% less than last November.  Current supply of homes is 4.8 months, for October of this year it was a 4.9 months supply. (This is a 21.5% decrease from last year). The Martin County single family real estate market remains in a sellers market.  I was hoping for another month of increasing inventory, but this hasn’t happened.  Possibly for December and/or January we’ll have some additional homes for sale.

November 2015 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
November 2015 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.

November 2015 Monthly Market Detail Martin County Single Family Homes

Merry Christmas

12.25.15 by

Merry Christmas