March 2014 Monthly Market Detail Martin County Townhouses and Condos

March 2014 Monthly Market Detail Martin County Townhouses and Condos

March 2014 Monthly Market Detail Martin County Townhouses and Condos report showed continued disappointing results as to both last year and the past few months.  Year to year closed sales were down by 29.9% (was down by 1% in February) while new sales under contract (new pending sales) decreased by 9% (was down 27% in February).

The median sales price increased by 7.4% (was up by 17.6% in February) while the average sales price decreased by 11% (was up 20.6% in February) as compared to March of 2013.  As the price increases moderate, I would expect to see some increased volume of closed and pending sales for the future.

 The inventory of available townhouses and condos has decreased by 39 to 596 units from last month which is 13.2% less inventory than was available in March of 2013.  With values going up as much as they have, I would have expected higher inventory levels.  The current supply of inventory is 6.2 months (a 16.5% decrease from last year).   Though down in volume from last year, this is still a balanced market that favors neither the buyer nor the seller.

March 2014 Monthly Market Detail Martin County Townhouses and Condos

 Click here to view or download the full report:  March 2014 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.

March 2014 Monthly Market Detail Martin County Townhouses and Condos

March 2014 Monthly Market Detail Martin County Single Family Homes

March 2014 Monthly Market Detail Martin County Single Family Homes

The March 2014 Monthly Market Detail Martin County Single Family Homes is showing some slower growth and even retracting in some areas (much like many other areas in FL this month).  Year to year closed sales were off by 14.7% (was up 10.8% in February). New pending sales increased by 17.5% as compared to March of 2013 (decreased by 30.4% in February).  An increase in the pending sales indicates a good possibility of better closed activity for the near future

The median sales price was up by 4% from last year (up by 5.7% in February) while the average price dropped by 25.1% (was down by 18.3% last month).  This is a dramatic indication of the continued activity for the lower price ranges and a slower sales volume in the higher end luxury market.

The inventory of available single family homes increased from February 2014 by 61 homes to 1,429 units this month, representing a 12.2% increase from last March.  Current supply of inventory rose to 7.5 months (a 2.9% decrease from last year).  Hovering just outside of a balanced market for now with a slight advantage for buyers.

Click here to view or download the full report:  March 2014 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.

March 2014 Monthly Market Detail Martin County Single Family Homes

Hutchinson Island Stuart Ocean Front Condo Price Reduced

Hutchinson Island, Stuart, Ocean Front Condo Price, Reduced

The new price for this oceanfront condo is now $196,000!

Great opportunity for this Suntide Condo on Hutchinson Island in Stuart.  Fully furnished with an updated kitchen, ocean front condo in Martin County’s prime Hutchinson Island location and building. Spacious 2 bedroom split plan with everything one needs for a full-time home or that special Florida tropical retreat. Suntide includes private beach access, heated pool, tennis courts, shuffleboard, wash area, newly renovated clubhouse with billiards, card table, fully equipped kitchen, bar, library and entertaining area as well as a profession fitness center. Under building secured parking. This well-appointed condo is ready for immediate occupancy.
Suntide is the first condo complexes north of the Stuart Causeway on Hutchinson Island in Martin County.   Constructed originally in 1972, it retains much of the original and unique architecture of the times, yet boasts terrific amenities and at a much more reasonable price than much of the competition.  Please call and ask about Suntide.

Hutchinson Island Stuart Ocean Front Condo Price Reduced

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March 2014 Monthly Market Detail Florida Townhouses and Condos

March 2014 Monthly Market Detail Florida Townhouses and Condos

For the March 2014 Monthly Market Detail Florida Townhouses and Condos for the state of Florida continues to struggle in volume as the prices have soared. It appears that the prices have risen much to fast for consumer demand to keep up.  Year to year closed sales were down by 5.2% as compared to last months decrease of 6.8% and new sales under contract (new pending sales) decreased by 6.2% (February’s decrease was 14.5%).

Both median and average sales prices were up (year to year) by 16.7% and 16.1% respectively (in February it was 15.2% and 13.9%). These strong price appreciations is what I suspect is the cause of the decrease in market activity for condos and townhouses in Florida for March.

Inventory rose for the fifth month in a row, by 7%.  The rising inventory should produce some pressure to moderate the price increases.  This should help regain the momentum of sales.  The 6 month supply of inventory is a good sign that we are in a balanced market.

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:  March 2014 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.

March 2014 Monthly Market Detail Florida Townhouses and Condos

694 NE Wax Myrtle Way in Holly Creek is Pending

694 NE Wax Myrtle Way in Holly Creek is Pending

694 NE Wax Myrtle Way in Holly Creek

Two story townhome with glorious lake views and remodeled Master bath, plantation shutters in Master bedroom, laundry shoot, roll-down shutters, 1 car garage, screened porch, under stairs storage. Hot water heater 2009 & new range.  Under contract and awaiting settlement.

694 NE Wax Myrtle Way in Holly Creek

Holly Creek is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean.

694 NE Wax Myrtle Way in Holly Creek

Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

694 NE Wax Myrtle Way in Holly Creek Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

694 NE Wax Myrtle Way in Holly Creek

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans and individual designs.

 

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Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

 

694 NE Wax Myrtle Way in Holly Creek is Pending

 

March 2014 Monthly Market Detail Florida Single Family Homes

March 2014 Monthly Market Detail Florida Single Family Homes

The March 2014 Monthly Market Detail Florida Single Family Homes as reported by Florida Realtors showed improved results from last month, but still not nearly as robust as last year.    Year to year closed sales were up, but only by 2.8% (was up by 1.5% in February) and new sales under contract (new pending sales) increased by 2.1% (was down by 5.5% in February).

Both median and average sales prices were up ( March 2013 to March 2014) by 7.1% and 6.3% respectively, compared to February’s 10% and 11%.   While still very positive numbers, the rate of appreciation appears to be slowing.

The inventory of available homes for sale increased by 16.8% from last year.  This is now the sixth month of increased inventory.  This increase is a direct result of rising prices as many home sellers have been waiting on the side lines for improved values.  I suspect that the reduced rate of increasing values and home sales are a direct result of the increasing inventory.  Currently, there are just not enough buyers to absorb this increase fully.

Click here to view or download the full report:
March 2014 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.

March 2014 Monthly Market Detail Florida Single Family Homes

Osprey Creek Home in Martin Downs Country Club Under Contract in 7 Days

Osprey Creek Home in Martin Downs Country Club Under Contract in 7 Days

Under Contract in 7 days: 4084 SW SW Osprey Creek Way in the Martin Down Country Club is available for purchase for only $189.000.

Country Club Living Under 200,000.  2 bedroom plus den/office or possible 3rd bedroom, 2 bathroom, 1 car garage home in Martin Downs Country Club in Osprey Creek.  The covered screened patio that’s perfect for entertaining. Large eat-in kitchen, separate dining room, Florida and living rooms. Private setting with golf course views from the screened lanai.

Martin Downs is a guard gated community that offers memberships for golf, tennis and social.  Two large pools, workout room, Tiki Sports Bar and Main Dining Room.  A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.

Palm City: An Oasis of Natural Beauty!

Palm City Florida real estate is also surrounded by natural wonders that only enhance the living experience of this community located on the Atlantic side of Florida.   World renowned freshwater and saltwater fishing.  Jonathan Dickinson State Park, near the southern part of Martin County, offers canoeing, camping, hiking and other activities in its 11,500 acres Locations that give exposure to aquatic and marine life

Search for available homes in the Martin Downs area of Palm City, FL

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Osprey Creek Home in Martin Downs Country Club Under Contract in 7 Days

Affordable Jensen Beach Home Sold

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Gabe Sanders
BlueWater Realty Services Inc.
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MLS#: 374264
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3090099
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1550 NE Media Ave
Jensen Beach, FL
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SOLD!

Affordable Jensen Beach Home Sold

$ 135,000 Sale Price
2 BEDROOMS
2 BATHROOMS ( 2 full )
1204 Square Feet

In the heart of Jensen Beach. Close to the river, beaches, restaurants, and the sailing center. Very desirable area of Jensen Beach. Pergo floors in bedrooms. Large fenced in the back yard with RV and/or boat parking. Updates to home include all new plumbing, new insulation in the attic, new pump for sprinkler system, new kitchen counter, septic tank recently cleaned. Dining room light fixture does not convey. Shelves and cabinets in garage are negotiable.

Olympia Plats Hobe Sound Home Sold

Olympia Plats Hobe Sound Home Sold

Hobe Sound Homes for Sale

Great location in ‘Old Hobe Sound‘ in Olympia Plats.  This home located at 9483 SE Saturn Street sold for $325,000 through the efforts of the Gabe Sanders BlueWater Realty team.

Hobe Sound Homes for Sale

CBS Key West Style Pool Home in the highly sought after area of ‘Old Hobe Sound’! This 3/2/2 split plan has a metal roof with a pretty cupola.   Interior features include 10 foot ceilings with 14 foot high vaulted ceiling in main living area! There a re arched doorways, classy 7″ baseboards, 8 foot doors and gorgeous brand new 24″ porcelain tile (neutral shade) in entire house except master (which is carpeted) and fresh paint throughout. In the kitchen: stainless appliances (3 years old) and Corian counters. AC unit is new.  Back yard is fully fenced. Hurricane Shutters Included.

Hobe Sound Homes for Sale

BOATERS: You will love that there’s a Boat Launch area only a 1/2 mile away, as well as a community fishing dock and Park! (membership available to boat ramp).

Hobe Sound Homes for Sale

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Olympia Plats Hobe Sound Home Sold

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for March 2014

For February 2013 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 22 active condo listings. (Down by 1 condo from February)

7 Condo sales are pending and awaiting close or lender approval. (Increased by 4 condos from February)

3 Condos sold in February (Unchanged from February)

The Hobe Sound condo market (Zip Code 33455) is one of the smallest segments of the Martin County real estate market (along with the Jensen Beach condo market).  March 2014 market activity saw little change in inventory and closed sales, along with a nice jump in pending sales.

The current absorption rate is 7.3 months (Last month it was 7.6 months).  The statistics within this segment should be taken with a grain of salt, as small changes in activity make for very large changes on percentages that may not indicate a true trend in the market.  Yet even with these low numbers, we are close to a balanced market for condos in the 33455 zip code area of Hobe Sound.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The March 2013 numbers were:  22 active listings, 9 pending sales and 2 closed sales.   Very close to last years market activity.

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Hobe Sound Florida Condos for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2014

 For March 2014 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 298 active listings. (Up by 9 homes from February)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

 

108 Residential sales are pending and awaiting close  (Increased by 10 homes from February)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

38 Homes Sold in March (Up by 12 homes from last month)

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County for March had excellent market activity across the board..  Both pending and closed sales were up as well as a mice little increase in inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 7.8 months (11.1 months in February).  Still a buyers market, but getting close to a balanced market again.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2013 were:  249 active listings, 100 pending sales and 45 closed sales. Better numbers this year than last, though when the increased inventory for this year is factored in, very similar in a percentage basis.

Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014
 

 

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Hobe Sound Florida Homes for Sale and Sold Report 33455 ZIP Code March 2014

Osprey Creek Home in Martin Downs Country Club Just Listed

Osprey Creek Home in Martin Downs Country Club Just Listed

Just Listed: 4084 SW SW Osprey Creek Way in the Martin Down Country Club is available for purchase for only $189.000.

Country Club Living Under 200,000.  2 bedroom plus den/office or possible 3rd bedroom, 2 bathroom, 1 car garage home in Martin Downs Country Club in Osprey Creek.  Covered screened patio that’s perfect for entertaining. Large eat-in kitchen, separate dining room, Florida and living rooms. Private setting with golf course views from the screened lanai.

Martin Downs is a guard gated community that offers memberships for golf, tennis and social.  Two large pools, workout room, Tiki Sports Bar and Main Dining Room.  A rated schools, Public Parks, Dining, Entertainment, Boating, Fishing, Horseback Riding and other activities just minutes away.

Palm City: An Oasis of Natural Beauty!

Palm City Florida real estate is also surrounded by natural wonders that only enhance the living experience of this community located on the Atlantic side of Florida.   World renowned freshwater and saltwater fishing.  Jonathan Dickinson State Park, near the southern part of Martin County, offers canoeing, camping, hiking and other activities in its 11,500 acres Locations that give exposure to aquatic and marine life

Search for available homes in the Martin Downs area of Palm City, FL

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Osprey Creek Home in Martin Downs Country Club Just Listed

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for March 2014

 For March 2014 in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 124 active listings. (Decreased by 20 homes from last month)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

 

97 Residential sales are pending and awaiting close or lender approval. (Up by 15 homes from February)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014
 29 Homes Sold (Increased by 3 homes from February)

Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

The March 2014 Jensen Beach residential real estate market, zip code 34957 showed a second strong month in a row with gains in activity for both pending and closed sales.   Inventory decreased for the second month in a row.  Pretty impressive results as some other zip code areas of Martin County are not doing quite as well as Jensen Beach.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.3  months (5.5 months in February).  A strong sellers market now exists in Jensen Beach.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The March 2012 numbers were: 119 active listings, 86 pending sales and 25 home sales closed.   Fairly similar activity to last year, though the pending sales are stronger.  This may lead to continued strong sales in the coming months.
Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014 
 
 

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Jensen Beach Florida Homes for Sale and Sold Report 34957 ZIP Code March 2014

 

Another Inlet Village Condo Sold

 

Another Inlet Village Condo Sold
Inlet Village in Indian River Plantation

Another beautifully updated Inlet Village Condo in Indian River Plantation on Hutchinson Island in Stuart FL has sold, thanks to the BlueWater Realty team of Stuart FL.  Sold for $150,000, this Hutchinson Island Condo in the Inlet Village section of Indian River Plantation is now no longer available.  Inlet Village on Hutchinson Island is an excellent condominium complex with 3 buildings and a dedicated community pool on the shores of the Intracoastal (the Indian River).  Two buildings are waterfront and the third is just off the water with lakeside views of the golf course at Indian River Plantation as well as sweeping vistas of .Inlet Village in Indian River Plantation

Awesome &  Beachy best describe this rare and completely remodeled and upgraded Inlet Village one bedroom, one and a half bath spacious condo with lots of storage.   Come experience this pristine condo that has not been rented since the 2006 remodel. This unit has been extensively upgraded, effective 2006, to include the entire kitchen, bedrooms, bathrooms, ceilings, and patio. Offered furnished with some sentimental items excluded. This is a rental or year round opportunity. Inlet Village is a pet friendly complex and the Indian River Plantation community offers Golf, Tennis Beaches, and a Marina.

Inlet Village in Indian River PlantationInlet Village in Indian River PlantationAmenities include a shuttle tram, access to the beach club, tennis courts, fitness center and executive golf course. There’s also a full service marina with dockage for large boats (check availability). Carefree Florida living at it’s finest!

Inlet Village in Indian River PlantationInlet Village in Indian River Plantation

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Another Inlet Village Condo Sold



Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for March 2014

 

For February 2013 in the 34990 Zip Code area of Palm City Florida :


There are currently 440 active listings (An decrease of 32 homes from February)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

 

 169 Residential sales are pending and awaiting close or lender approval. (Increased by 38 homes from last month)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

 

48 Homes Sold in February (Decreased by 1 home from February)

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

After a slow two months to start the 2014 market, the Palm City home market (zip code 34990) appears to be picking up some steam.  Closed sales were off for the third month in a row, though only by 1 home for March.  Pending sales  had a large jump indicating a good possibility of increasing closed sales for the coming months.  Inventory decreased significantly, after numerous months of increases.
 
The current absorption rate decreased slightly to 9.1 months from 9.6 months in February, keeping the Palm City residential real estate market in a buyers market.  A 6 to 7 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The March 2012 numbers were:  390 active listings, 180 pending sales and 68 closed sales.  Still not as good as last year’s activity. 

Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

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Palm City Florida Homes for Sale and Sold Report 34990 ZIP Code March 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code March 2014

Stuart Florida Homes for Sale and Sold Report 34994 ZIP Code March 2014

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for March 2014

For February 2013 in the 34994 Zip Code area of Stuart, Florida :

There are currently 80 active listings (Increased by 3 homes from February)

35 Residential sales are pending and awaiting close or lender approval (Up by 1 home from February).

10 Homes Sold in February (Increased by 1 home from February)

After two months of decreasing closed sales in the 34994 ZIP code area of the Stuart, Florida, there was finally an increase for March, although it was only by 1 home.  Pending sales also increased by 1 home, while, the inventory also increased slightly.  As home values rise, latent demand from sellers seems to be materializing in more active listings.  There has to be enough demand to offset this increase in inventory.  With 35 pending home sales, it does look like closed sales should increase in the coming months.

The one month absorption rate for the 34994 zip code for March decreased to 8 months from last months 8.6 months. Still a buyers market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2012 numbers were 67 Active Listings, 34 pending sales and 5 closed sales.   Inventory is up for this year as were closed sales compared to March of 2013.  Pending sales are very similar (and as a percentage are not as good when the inventory values are factored in).

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Stuart Florida Market Report ZIP Code 34994 Residential March 2014

Island Dunes Penthouse Condo on Hutchinson Island

Island Dunes Penthouse Condo on Hutchinson Island – Coming Soon

 
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8800 S Ocean Drive
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COMING SOON
   

Oceanfront Penthouse Suite in Island Dunes

$ Click for current price
2 BEDROOMS
2 BATHROOMS ( 2 full )
1228 Square Feet

Enjoy true luxury Oceanside living from this penthouse suite in the Island Dunes Country Club of Hutchinson Island in Jensen beach, FL.  A spacious 2 Bedroom and 2 Bath apartment on the top floor (14th) in the Island Dunes Oceanside II building.  Panoramic views of the Ocean as well as both pools from your balcony and master bedroom.  While from the kitchen and office or 2nd bedroom view the wide waters of the Intracoastal Waterway and the golf course of your Country Club.  This unit has been meticulously updated with granite countertops in the kitchen as well as the bathrooms.  Stainless steel appliances as well as tile floors laid on the diagonal in the living areas.

Luxury amenities await you with a short elevator ride downstairs.  Complete clubhouse with kitchen in the lobby.  There’s a game room with billiard table, a gym with your very own steam room.  Two pools and spa on the Oceanside for relaxation along with gas barbecue grills for your outdoor cooking.

Just across the street is your very own golf and tennis club.  Along with a restaurant (Pietro’s on the River) and a private marina (check for availability of docks).  There’s also an additional riverside pool. 

Make this your luxury oceanfront home or as a getaway from the cold northern winters.  Your condo is secured with 24hr manned gated security guard as well as a secured lobby.  Management is available daily on site.  One pet up to 30lbs. is allowed for owners only. 

 

Please call us to schedule an appointment to view this unique property.

 
   

 

 

 

 

 

 

 

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 Search for all An Other Island Dunes Condos on Hutchinson Island in Stuart Florida


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Island Dunes Penthouse Condo on Hutchinson Island – Coming Soon

Hutchinson Island Maritimes Townhome Open House

Hutchinson Island Maritimes Townhome Open House

the Maritimes townhome on Hutchinson Island

Join us on Sunday, April 6 from 1 to 4 PM at 2060 NE Ocean Blvd. Unit ‘C’ for a Hutchinson Island Maritimes Townhome Open House.  For directions and additional information please call 772-323-6996.

the Maritimes townhome on Hutchinson Island

Enjoy your very own spacious Hutchinson Island townhome with beautiful views of the Indian River in a rare three bedroom, two and ½ bathroom home with a one car garage.  This spacious home has a generous open plan with room to roam.  Large master suite with private balcony overlooking one of the two heated community pools and Intracoastal Waterway. 

the Maritimes townhome on Hutchinson Island

Tiled throughout with impact glass windows, updated kitchen and washer and dryer in unit.  The Maritimes is a pet friendly ocean to river community allowing for up to two large dogs.  There are ocean access docks that may be available for purchase or lease.  Beach access as well as tennis also included.  A wonderfully tranquil setting that’s close to both downtown Stuart and Jensen Beach.

the Maritimes townhome on Hutchinson Island

the Maritimes townhome on Hutchinson Island

the Maritimes townhome on Hutchinson Island

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February 2014 Monthly Market Detail St Lucie County Townhouses and Condos

February 2014 Monthly Market Detail St Lucie County Townhouses and Condos

The February 2014 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors once again showed some disappointing results after a good start to the year in January.  Year to year closed sales were down by 8.2% (was up by 12.3% in January) while new sales under contract (new pending sales) decreased by 28.2% (was  down by 9.1% in January).  This decreased volume is concerning.  Most of it, I suspect, is from the rapid price increases this past year, though with this month, this appears to be easing as well.

The median sales price up by 15% (up 4.3% in January) and the average sales price dropped by 14.4% (was up by an impressive 45.2% in January).

The inventory of available townhouses and condos decreased by 10 units from last month to 901 units which is still down by 8.1% from last February.  Current supply of inventory remained unchanged from last month to 9.4 months (still an 4.6% decrease from last year).   This is a buyers market at present and the lower prices will most likely continue until inventory and closed sales pick up.

Monthly Market Detail - February 2014 St. Lucie County Townhouses and Condos

 Click here to view or download the full report: 
February 2014 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.

February 2014 Monthly Market Detail St Lucie County Townhouses and Condos

February 2014 Monthly Market Detail St Lucie County Single Family Homes

February 2014 Monthly Market Detail St Lucie County Single Family Homes

February 2014 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors closed out 2013 continues to show good closed activity, though there is reduced pending numbers, which could signal a bit more of a slow down.  Closed sales from last year were up by 14,1% (in January they were up by 4.8%) and new sales under contract (new pending sales) decreased by 14.8% (they were down by 12.9% last month).

Both median and average sales prices were up (year to year) by 10.9% and 13% respectively from last February (For last month these figures were 9.5% and 14.1%). 

The inventory of active listings rose in February (from last month) by 115 homes to 2362, which is also an increase of 22.3% from last year.  Current supply of inventory is only 5.4 months (a 22.3% increase from last year).   With the large increases in inventory from last year, price appreciation will slow some, which will help to continue a strong sales volume for the saint Lucie County single family market.

Monthly Market Detail - February 2014 St. Lucie County Single Family Homes

Click here to view or download the full report:  February 2014 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.

February 2014 Monthly Market Detail St Lucie County Single Family Homes