Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

05.25.13 by

Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for April 2013

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

 

There are currently 227 active listings. ( A decrease of 22 homes from March)

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106 Residential sales are pending and awaiting close  (An increase of 6 homes from March)

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51 Homes Sold in April (Up 6 homes from last month)

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Strong sales activity for a second month for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  Inventory levels dropped significantly for the month after a slight rise last month.  Pending sales were up.  With such low numbers of available homes on the market, activity might slow in the coming summer months.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 4.5 months.  Continuing from last month into a now stronger seller’s market.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2012 were:  315 active listings, 96 pending sales and 45 closed sales.   Considering the reduced inventory as compared to 2012, the market activity continues to grown and improve for the Hobe Sound residential real estate market.

 

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Hobe Sound Florida Market Report ZIP Code 33455 – Residential, April 2013

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, April 2013

05.23.13 by

Jensen Beach Florida Market Report ZIP Code 34957 – Residential, April 2013

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for April 2013

 For April 2013in the 34957 Zip Code area of Jensen Beach, Florida :

 

 There are currently 116 active listings. (A decrease of 3 homes from last month)

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84 Residential sales are pending and awaiting close or lender approval. (Down 2 homes from March)

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32 Homes Sold (Up by 7 homes from March)

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The Jensen Beach residential real estate market, zip code 34957 for April had another strong month for closed sales.   Pending sales took a slight drop and the inventory also declined by only 3 homes.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.6 months, now a strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The April 2012 numbers were: 135 active listings, 78 pending sales and 33 home sales closed.  With inventory levels almost 50% lower, the Jensen beach market activity as a percentage of available properties is much higher, while absolute numbers are similar.

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Jensen Beach Florida Market Report ZIP Code 34957 – Residential, April 2013

One Bedroom Portofino Condo Under Contract

05.21.13 by

One Bedroom Portofino Condo Under Contract

This well appointed bank owned one bedroom Portofino Condo under contract.  3734 NW Mediterranean Lane, Suite 207 is under agreement and will close soon for the very happy new buyer. 

One Bedroom Portofino Condo Under Contract
Portofino Condos at Jensen Beach is a gorgeous gated condo community that’s just great for families or singles. Portofino offers fantastic amenities such as a resort-style pool and hot tub, a state-of-the-art fitness center, and an indoor air-conditioned racquetball court along with outdoor tennis court. A business center is also available that delivers the conveniences of a home office, with computers, a copier, and a fax machine to keep you connected. A children’s playground is also available. This community is only 10 minutes from the beaches, and it is just minutes to both Jensen Beach Elementary School and Jensen Beach High School. Jensen Beach students also attend Stuart Middle School which is only about 15 minutes away.

One Bedroom Portofino Condo Under Contract

With a total of 384 units, there are 116 one-bedroom, 196 two-bedroom and 72 three-bedroom units within Portofino that are spacious and include balconies! Portofino provides luxury living for its residents, set in a peaceful Florida preserve atmosphere, many with lake views. Living in Portofino Condos at Jensen Beach you will feel like you are on vacation year round!


One Bedroom Portofino Condo Under Contract

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One Bedroom Portofino Condo Under Contract

Palm City Florida Market Report ZIP Code 34990 – Residential, April 2013

05.21.13 by

Palm City Florida Market Report ZIP Code 34990 – Residential, April 2013

 

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for April 2013

 

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


There are currently 382 active listings (A decrease of 16 homes from March)

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186 Residential sales are pending and awaiting close or lender approval. (An increase of 6 homes from last month)

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76 Homes Sold in April (Increased by 8 homes from March)

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For the Palm City, zip code 34990, area of Martin County Florida the residential market activity showed strong results for April.  Closed sales increased again and remained quite strong.  Pending sales also increased and show good potential for future closed sales.  The inventory continues to decline and this may be a troubling statistic in the future as fewer homes are available for sale.
 

The current absorption rate stands at 5 months.   The Palm City residential real estate market has slipped into a sellers market.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The April 2012 numbers were:  462 active listings, 228 pending sales and 49 closed sales.  Our closed sales for this year remain considerably better than last year.  This is especially noteworthy with the reduced amount of available homes for sale.  Pending sales are lower this year and the inventory may very well be one of the factors for this lower number.

 

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Palm City Florida Market Report ZIP Code 34990 – Residential, April 2013

Sandpebble Riverside Condo Under Contract

05.19.13 by

Sandpebble Riverside Condo Under Contract

4490 NE Sandpebble Trce. Suite 8-301 is now under contract on the river side of the Sandpebble Condos on Hutchinson Island in Stuart, FL.

 View from Sandpebble Riverside Condo

Gorgeous views from this 3rd floor end unit condo in Sandpebble, overlooking the pool, docks, plus, with mile wide river views.  An immaculate 2 BR, 2 BA condo that has been well maintained.  Upgrades include corian counter-tops in kitchen, large dual sink, stove and microwave. Plantation shutters in the dining area, carpets that are 3 years new.  Both bathrooms updated, new vanities, new shower stall with designer details. Custom built storage in living area.  Accordion shutters for easy access and security.   This is a turn key unit, being sold unfurnished, with some items being negotiable.

Living area of Sandpebble Riverside Condo

Kitchen of Sandpebble Riverside Condo


On the beautiful and unspoiled portion of South Hutchinson Island lies one of the best kept secrets in Martin County.  Located on a pristine 37 acres that reaches from the Atlantic Ocean to the Indian River (Intracoastal Waterway).

Sandpebble Condos consist of 3 Ocean Front Buildings and 7 River Front buildings.  A total of 5 heated pools (3 river side and 2 ocean side), along with deep water docks for 66 vessels.    Docks are available to residents only on a first come first served basis and are available for lease at a very reasonable $1.50 per foot per month.

Hutchinson Island Condos in Sandpebble, Stuart, Florida


On the spacious grounds there is plenty of green space for outdoor activities, two hard court tennis courts and a fully equipped club house with kitchen and on-site management.  Both Oceanside and riverside sections are gated for secured entry only.  Residents have the use of both the river and Oceanside sections regardless of the location of their own units.

Hutchinson Island Condos in Sandpebble, Stuart, Florida

 

Construction of the Sandpebble complex began in 1982 and just recently all buildings were completely refurbished with metal roofs, Hardi-Plank replacement for exterior wood surfaces, complete concrete (re-bar) restoration, the installation of a bulkhead protecting and enhancing the river-side property and structures, updated landscaping and the painting of all the buildings.

For additional information and availability of Sandpebble Condominiums and other attractive Oceanfront Homes, Condos or Vacant Land, contact Gabe Sanders.

 

Search the MLS for Sandpebble Condos

Sandpebble Riverside Condo Under Contract

Portofino Condos at Jensen Beach May 2013 Market Update

05.18.13 by

Portofino Condos at Jensen Beach May 2013 Market Update

As of May 16, 2013 there are only two condos available for sale in Portofino.  A 1 BR listed for $69,900 and a 3 BR offered for $120,000.  The average cost per square foot is $91.20.

There are 7 condos pending, list prices were $57,900 to $80,000 at an average price per square foot of $73.02.

In the past 12 months, 11 condos have sold, ranging in sales price from $46,000 to $81,000 for an average price per sq. ft. of $62.91.

Portofino condos remain in high demand and sales prices have started to rise.

Portofino Condos at Jensen Beach May 2013 Market UpdatePortofino Condos at Jensen Beach May 2013 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 May 2013 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 May 2013 Market Update

Portofino Condos at Jensen Beach May 2013 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 May 2013 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 May 2013 Market Update

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.

 

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Portofino Condos at Jensen Beach May 2013 Market Update

Stuart Florida Market Report ZIP Code 34994 – Residential April 2013

05.15.13 by

Stuart Florida Market Report ZIP Code 34994 – Residential April 2013

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for April 2013

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

 

There are currently 65 active listings (Down 2 from March).

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34 Residential sales are pending and awaiting close or lender approval (No change from March).

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9 Homes Sold in March (Up 4 homes from March)

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The 34994 ZIP code area of the Stuart, Florida real estate market showed a marked increase in closed sales for April.  At the same time, pending activity remained strong (unchanged from last month) and the inventory decreased by two homes.  We should continue to have strong closed sales in the coming months, but if inventory doesn’t increase, we will be looking at a challenging market as there just aren’t enough homes available for sale.

The one month absorption rate for the 34994 zip code for April dropped to 7.2 months. which signifies a slight buyers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The April 2012 numbers were 79 Active Listings, 40 pending sales and 5 closed sales.  Considering the lower inventory this year as compared to last, market activity remains strong for the 34994 zip code area of Stuart for residential home market.

 

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Stuart Florida Market Report ZIP Code 34994 – Residential April 2013

Custom Newer Stuart FL Waterfront Estate Price Reduced

05.13.13 by

Custom Newer Stuart FL Waterfront Estate Price Reduced

Custom Newer Stuart FL Waterfront Estate

6800 SW Gaines Ave is a Custom Newer Stuart FL Waterfront Estate Price Reduced offered by the Gabe Sanders real estate team.  This 2002 home has the latest updates and all the bells and whistles you could possibly want.

Custom Newer Stuart FL Waterfront Estate

For those desiring the ultimate in privacy yet having close access to all the amenities Martin County has to offer, this is your future. Located on 4 plus acres of deep waterfront (320′) on the South Fork of the Saint Lucie River.

 Custom Newer Stuart FL Waterfront Estate

Custom designed and built to the highest standards. Currently configured with 4 Br, 2 Offices, Theater Room, Work rooms, 4 & 1/2 Baths and attached 5 car gar. Impact Glass throughout, with a great room concept featuring 42′ Pecky cypress ceilings. Commercial grade kitchen with multiple cooking surfaces, both gas and electric, numerous ovens, commercial refrigerators, dishwashers, etc (see attached feature list). Master wing features dual offices and his and her bathrooms. Detached 1 Br. 1 Ba. updated guest home.

 Custom Newer Stuart FL Waterfront Estate

 

 

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Custom Newer Stuart FL Waterfront Estate Price Reduced

March 2013 Monthly Market Detail Martin County Townhouses and Condos

05.12.13 by

March 2013 Monthly Market Detail Martin County Townhouses and Condos

Some very positive results reported by Florida Realtors for the March 2013 Monthly Market Detail Martin County Townhouses and Condos.   Year to year closed sales were up by an impressive 38.7% and new sales under contract (new pending sales) increased by over 41%

The median and average sales prices also increased by 12.8% and 23.6% respectively from March of 2012.

The inventory of available townhouses and condos have decreased to 687 units which id down by 20.6% from last March.  Current supply of inventory is only 7.5 months (a 30.6% decrease from last year).  For the Martin County townhouse and condo market, these results are very similar to our single family home market as both segments rapidly approach a balanced market that favors neither the buyer nor seller.

Here’s the summary chart from the Florida Realtors report:Martin County Townhouses and Condos

Click here to view or download the full report:
March 2013 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 2013 Monthly Market Detail Martin County Townhouses and Condos

March 2013 Monthly Market Detail Martin County Single Family Homes

05.11.13 by

March 2013 Monthly Market Detail Martin County Single Family Homes

Some very positive results reported by Florida Realtors for the March 2013 Monthly Market Detail Martin County Single Family Homes.   Year to year closed sales were up by 22.7% and new sales under contract (new pending sales) increased by 37.4%

Both the median and average sales prices have risen year over year by 19.4% and 23% respectively.

The inventory of available townhouses and condos have decreased to 1274 units which id down by 27.3% from last March.  Current supply of inventory is only 7.7 months (a 38.1% decrease from last year).   If this trend continues (and we see no reason to doubt it) we will soon be in a balanced market for the single family real estate market in Martin County.  There’s no reason not to expect a sellers market should the inventory continue to decrease.Martin County Single Family Homes

Here’s the summary chart from the Florida Realtors report:

 

Click here to view or download the full report:
March 2013 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 2013 Monthly Market Detail Martin County Single Family Homes

March 2013 Monthly Market Detail St. Lucie County Townhouses and Condos

05.10.13 by

March 2013 Monthly Market Detail St. Lucie County Townhouses and Condos

Some very positive results reported by Florida Realtors for the March 2013 Monthly Market Detail St. Lucie County Townhouses and Condos.   Year to year closed sales were up by 19.3% and new sales under contract (new pending sales) increased by 39%

Prices have remained under considerable pressure and have not improved as well as the single family market with the median price off by 10.2% from last year while the average price gained a modest 5.7%.

The inventory of available townhouses and condos have decreased to 967 units which id down by 22% from last March.  Current supply of inventory is only 9.6 months (a 38.9% decrease from last year).   While these results are not quite as strong as in the single family market, they still show strong gains from previous years.  It is just a matter of time before prices start rising a bit more dramatically.  This current environment is an excellent opportunity for buyers looking into the Saint Lucie County real estate market for townhouses and condos.St. Lucie County Townhouses and Condos

Here’s the summary chart from the Florida Realtors report:

 

Click here to view or download the full report:
March 2013 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.

March 2013 Monthly Market Detail St. Lucie County Townhouses and Condos

March 2013 Monthly Market Detail St. Lucie County Single Family Homes

05.08.13 by

March 2013 Monthly Market Detail St. Lucie County Single Family Homes

Some very positive results reported by Florida Realtors for the March 2013 Monthly Market Detail St. Lucie County Single Family Homes.   Year to year closed sales were up by 11.8% and new sales under contract (new pending sales) increased by over 69%!!

Both median and average sales prices were up (march 2012 to March 2013) by 18% and 15% respectively. 

One item of concern is the active inventory which has decreased by almost half (47%).  Current supply of inventory is only 4.2 months (a 56% decrease from last year).  For March 2013 it was a strong sellers market in the St. Lucie County area.  The reduced inventory will eventually result in lower sales volume as there just isn’t enough homes available for sale.  This will also result in strong upward pressure on prices and at some point renewed activity in new construction.  If prices rise to a level where currently underwater home owners can see a profit or even a break even price, I will expect a gradual increase in inventory.

Here’s the summary chart from the Florida Realtors report:St. Lucie Single Family Homes

 

Click here to view or download the full report:
March 2013 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.

March 2013 Monthly Market Detail St. Lucie County Single Family Homes

Pelican Pointe Waterfront Lot on Hutchinson Island Reduced

05.07.13 by

Pelican Pointe Waterfront Lot on Hutchinson Island Reduced

 This Pelican Pointe Waterfront Lot on Hutchinson Island is now available for $375,000!   Dock, Central Water and Sewer in place.  Soil testing completed.

Waterfront Lot in Pelican Pointe WestHutchinson Island waterfront .45 acre lot in Pelican Pointe West. A small private gated subdivision just on the north side of Herman’s Bay. This lot is located on a cul-de-sac with city water and sewer available. A deep water common dock is adjacent to this location for easy access to your future boat. Deeded beach access is included. Perfect location for your future Hutchinson Island dream home with both river and ocean access!

Waterfront Lot in Pelican Pointe West

There are only 8 building lots in Pelican Pointe West. At this writing, two homes have been completed and are in use. Currently under construction are two multi-million dollar homes on the ocean side in Diamond Sands. Coming soon is a high end condo community just south of Diamond Sands called Marisol. Please call for details on any or all of these projects.

Waterfront Lot in Pelican Pointe West

Waterfront Lot in Pelican Pointe West

Waterfront Lot in Pelican Pointe West

Waterfront Lot in Pelican Pointe West

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Pelican Pointe Waterfront Lot on Hutchinson Island Reduced

Golf Lodges of Ocean Village Sold

05.06.13 by

Golf Lodges of Ocean Village Sold

406 Southstar Drive has sold.  This Golf Lodges of Ocean Village just sold on May 1, 2013 for $215,000.  Thank you to all the agents that have shown this fine home in the Golf Lodges of ocean Village.

 Enjoy resort style living in the Golf Lodges of Ocean Village. An award winning ocean front community on South Hutchinson Island in Fort Pierce. Numerous pools, golf, tennis, fitness room, shuffleboard and daily activities will keep you as busy as you w ant or just relax on the pristine beach in your private lounge chair.

This updated 3 BR and 2 Bath second floor condo comes with a garage as well as ample storage. A spacious screened balcony overlooks the executive golf course. Tiled living area. Accordion hurricane shutters. Newer stainless steel appliances (with warranties). All ages are welcome and the golf lodges are pet friendly. Furnishings are negotiable for anyone wishing to move in and enjoy this Florida lifestyle immediately.

 Search for all Saint Lucie County Condos on Hutchinson Island

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Golf Lodges of Ocean Village Sold

Waterfront Lot in Beau Rivage

05.03.13 by

Waterfront Lot in Beau Rivage Under Contract

Ocean access deep waterfront lot in Beau Rivage under contract.
122 Saint Lucie Lane in Beau Rivage

Waterfront Lot with Ocean Access

100 feet of waterfront on this .36 acre lot in Beau Rivage. Soon to be officially in Stuart, Martin County. High and dry lot with room for that dream waterfront home you’ve been wanting all your life! Only 4 lots away from the North Fork of the wide Saint Lucie River. Cement Seawall in place, a perfect protected location for larger ocean going vessels. Very private location with easy access to Martin County’s ‘A’ rated schools, shopping, restaurants and the beaches. There aren’t very many waterfront lots like this left.

Waterfront Lot with Ocean Access

Beau Rivage is scheduled to be incorporated into Martin County in July of 2013.  At this time it will be officially a part of Martin County and there will be no uncertainty as to the schools that local children will attend as well as the availability of fire and medical services provided by the county. 

Waterfront Lot with Ocean Access

More Information and Pictures for this Waterfront Lot in Beau Rivage

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Waterfront Lot in Beau Rivage Under Contract

Sandpebble Oceanfront Condo Sold

05.02.13 by

Sandpebble Oceanfront Condo Sold


This Sandpebble Oceanfront Condo Sold, located at  2491 NE Ocean Blvd – Suite 401 in Sandpebble on Hutchinson Island in Stuart, FL.  Thanks to all the agents that have shown this great unit.

Sandpebble Ocean Front Condo on Hutchinson Island

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble at 2491 NE Ocean Blvd. Suite 401

More Pictures and Information

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble

Enjoy sweeping Ocean to River views in this top floor North East corner unit that has been totally and extensively renovated for the most discerning buyer. . Imported Italian porcelain tile, granite counter tops, custom walnut wood work throughout, crown moldings, Jacuzzi tub and much more. This spacious unit offers a large open plan and is not your cookie cutter island condo. Enjoy two separate balconies, under building parking, extra storage locker. This is a gated community that spans from the Ocean to the River with docks available for lease (check availability), 5 pools, hot tubs, tennis courts and a fully equipped club house with kitchen available for private functions. Private ocean access. Elevator in building. 1 small pet is allowed.

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble

Spacious Ocean Front Condo on Hutchinson Island in Sandpebble

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Sandpebble Oceanfront Condo Sold

March 2013 Monthly Market Detail Florida Townhouses and Condos

04.30.13 by

March 2013 Monthly Market Detail Florida Townhouses and Condos

Some very positive results reported by Florida Realtors for the March 2013 Monthly Market Detail Florida Townhouses and Condos for the entire state of Florida.  All indices have moved in a positive direction though not as robustly as for the single family report for March 2013.  Year to year closed sales were up by 1% and new sales under contract (new pending sales) increased by over 10%.

Both median and average sales prices were up (March 2012 to March 2013) by 16% and 13% respectively.

One item of concern is the active inventory which has decreased by almost 22%.  The reduced inventory will eventually result in lower sales volume as there just isn’t enough homes available for sale.  This will also result in strong upward pressure on prices and at some point renewed activity in new construction.  If prices rise to a level where currently underwater homeowners can see a profit or even a break-even price, I will expect a gradual increase in inventory.

Here’s the summary chart from the Florida Realtors report:Florida Townhouses and Condos

 

Click here to view or download the full report:
March 2013 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 2013 Monthly Market Detail Florida Townhouses and Condos

April 2013 Market Report for Osprey Cove in Hobe Sound

04.29.13 by

April 2013 Market Report for Osprey Cove in Hobe Sound

There are currently 6 homes for sale in Osprey Cove in Stuart, FL.  Listing prices range from $499,000 to $694,900 for an average price per square foot of living area of $211.86.

There are no homes currently under contract in Osprey Cove.

In the past 12 months, 3 homes have sold with sales prices ranging from $205,000 to $369,000 at an average of $165.94 per sq. ft. of living area.

April 2013 Market Report for Osprey Cove in Hobe Sound

 

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.

April 2013 Market Report for Osprey Cove in Hobe Sound

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.

April 2013 Market Report for Osprey Cove in Hobe Sound

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

April 2013 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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April 2013 Market Report for Osprey Cove in Hobe Sound

March 2013 Monthly Market Detail Florida Single Family Homes

04.29.13 by

March 2013 Monthly Market Detail Florida Single Family Homes

Some very positive results reported by Florida Realtors for the March 2013 Monthly Market Detail Florida Single Family Homes for the entire state of Florida.  All indices have moved in a positive direction.  Year to year closed sales were up by 9% and new sales under contract (new pending sales) increased by over 23%.

Both median and average sales prices were up (march 2012 to March 2013) by 15% and 14% respectively. 

One item of concern is the active inventory which has decreased by 26%.  The reduced inventory will eventually result in lower sales volume as there just isn’t enough homes available for sale.  This will also result in strong upward pressure on prices and at some point renewed activity in new construction.  If prices rise to a level where currently underwater home owners can see a profit or even a break even price, I will expect a gradual increase in inventory.

Here’s the summary chart from the Florida Realtors report:

Florida Single Family Market Detail

Click here to view or download the full report:
March 2013 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 2013 Monthly Market Detail Florida Single Family Homes

Danforth Home Under Contract

04.24.13 by

Danforth Home Under Contract

This well maintained Danforth Home under contract in Palm City, FL by the Gabe Sanders real estate team.

Danforth Homes for Sale in Palm City FL

Prepare to be amazed.  Elegance and charm to spare.  Open and light yet private, this pool home is an entertainment paradise, with miles of kitchen counter space with huge windows overlooking pool and deck,wood burning fireplace in family room, enormous living room/dining room space, cabana bath from pool.  6×9 butler’s pantry can double as computer office space, master suite at 22×14 has space for study area.  Home has welcoming entry facing huge sliding window wall overlooking pool with waterfall. 10 ft. island in kitchen with pass through window.  Lots of upgrades included in 2010 were 2 complete AC units, hot water tank, garage door, pool heater, new in 2011 were pool motor, microwave, speaker on porch, new in 2009 was sec. system, central vac & spa motor in 2012.

Danforth in Palm City Florida is wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel.  Well located in palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools.  Both of these schools are top rated in the Martin County school system as well as in the State of Florida.

Danforth Homes for Sale in Palm City FL

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.

Danforth Homes for Sale in Palm City FL

Danforth features low HOA fees.  Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001.  This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes.  Here is the Danforth Home Owners Association web site.

Danforth Homes for Sale in Palm City FL

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Danforth Home Under Contract