August 2013 Monthly Market Detail Florida Single Family Homes

August 2013 Monthly Market Detail Florida Single Family Homes

More good news for the Florida real estate market as reported by Florida Realtors for the August 2013 Monthly Market Detail Florida Single Family Homes for the entire state of Florida.  All indices have once again moved in a positive direction with the exception of inventory (active listings), though not by quite as large percentages as last month.  Year to year closed sales were up by 12.5% (was 20.9% in July) and new sales under contract (new pending sales) increased by 17.2% (was 25.9% in June).

Both median and average sales prices were up (August 2012 to August 2013) by 18.6% and 13.6% respectively.  August results are very positive though slightly less robust than July

The inventory of available homes for sale remains a concern as it continues to decrease, down by 12.3% from last year.  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.Florida Single Family Market Detai

Please look at the full detail report for the rest of the story:

 

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

August 2013 Monthly Market Detail Florida Single Family Homes

Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

 

Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

 
New price is $515,000.  This is the best value for a newer waterfront home with dock for up to a 35′ boat plus possible income from a detached 2 BR, 1 BA guest home.  This home is 3 Bedrooms, 3 bathrooms and a 4 car garage.  Gas cook-top, granite counter tops and stainless appliances.  Two tank less gas hot water heaters. Only minutes from the crystal clear waters of the Atlantic Ocean at the Saint Lucie Inlet.  There’s room for a pool. 
 
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$515,000
Single Family Home
Main Features
3 Bedrooms
3 Bathrooms
Interior: 2,340 sqft
Lot: 0.55 acre(s)
Location
4032 SE Paul Ter.
Stuart, FL 34997
USA
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Price Reduced Port Salerno Waterfront Home with Dock and Guest Home

 

Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential August 2013

 

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

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

 

There are currently 233 active listings. ( Down by 5 homes from July)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

95 Residential sales are pending and awaiting close  (A decrease of 1 home from July)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

 

48 Homes Sold in August (Up by 6 homes from last month)
Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

Closed sales were up again for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  The inventory levels continue to decrease to record levels not seen since well before the housing crisis began.  Pending sales remain strong as well, decreasing by only one home, which is impressive considering the reduced inventory.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 4.9 months (5.7 months in July).  A strong sellers market again.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2012 were:  298 active listings, 55 pending sales and 37 closed sales.   Much stronger results year to year for the Hobe Sound residential real estate market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Hobe Sound Florida Market Report ZIP Code 33455 Residential August 2013

 

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, August 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

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

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

 

 There are currently 122 active listings. (A decrease of 3 homes from last month)
Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

71 Residential sales are pending and awaiting close or lender approval. (Down 1 home from July)
Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

25 Homes Sold (Increased by 1 home from July)Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

The Jensen Beach residential real estate market, zip code 34957  eased a bit in July, and remained fairly static for August, after an exceptionally good Spring and early Summer.  Both pending and closed sales changed by only 1 while the inventory declined by 3 homes.
 
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 4.8 months (5.1 months in July). We remain in a fairly strong seller’s market.  A 6 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
 
The August 2012 numbers were: 128 active listings, 83 pending sales and 26 home sales closed.  Year to year, the market for Jensen Beach single family homes remains steady and active.
 
 
 
Please use the charts below as reference only as they rely on all residential types of property in the 34957 real estate market:Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013
 

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Jensen Beach Florida Market Report ZIP Code 34957 Residential August 2013

Palm City Florida Market Report ZIP Code 34990 Residential August 2013

Palm City Florida Market Report ZIP Code 34990 Residential August 2013

 

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

 

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


There are currently 352 active listings (A decrease of 8 homes from July)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

141 Residential sales are pending and awaiting close or lender approval. (A decrease of 12 homes from last month)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

 

77 Homes Sold in August (Increased by 7 homes from July)Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 
A little bit of easing for the market activity in the Palm City, zip code 34990, area of Martin County Florida. The inventory continues to decline and pending sales were off for the second month in a row.  The only bright note was the increased number of closed sales. 
 
The current absorption rate dropped to 4.6 months from 5.5 months in July.  An indication of a strong sellers market for now.  A 6 month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.  With lower inventory and reduced pending sales, I’m expecting an easing of the absorption rate in the coming months.

The August 2012 numbers were:  400 active listings, 161 pending sales and 68 closed sales.   Other than the pending sales numbers, we’re doing considerably better than last year in the Palm City single family market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34990 real estate market:Palm City Florida Market Report ZIP Code 34990 Condo August 2013

 

Search here for Palm City Florida Real Estate for Sale

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Palm City Florida Market Report ZIP Code 34990 Residential August 2013

Palm Cove Golf and Yacht Club Open House September 22

Palm Cove Golf and Yacht Club Open House September 22

Come and join us in this Palm Cove Golf and Yacht Club custom pool home in this prestigious Palm City, Florida Golf and Yachting community.  The open house will be on Sunday, September 22 from 1 to 4 PM.

This Palm Cove Golf and Yacht Club Custom Home at 209 SW Hatteras Court is listed for $555,000.  Ask about our special offer valid during this open house.  Available only during the open house for those that attend.

Spacious Home in Palm Cove with over 3600 sq. ft. of living area.

Live the good life in Palm Cove. Community marina, non-equity golf & river front clubhouse. Outstanding custom home built by McNamara, updated by current owner. Innovative design & attention to detail will captivate you. Large entry hall, formal dining room, wood paneled office/4th bdrm, bath. Open living room w/ wet bar, fireplace, hardwood floors, tray ceiling, recessed lights. French doors to screened pool. covered lanai. Gourmet kitchen w/ stainless appliances, marble counters, pantry, center island. Two guest suites with baths.  Over sized master includes large sitting area, tray ceiling, two walk in closets. Elegant marble master bath, double vanities. New roof, gutters, AC. Come and see this very special Palm Cove Golf and Yacht Club home.

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Palm Cove Golf and Yacht Club Open House September 22

315 NW Bayonet PL – Another Pines Home Sold

315 NW Bayonet PL – Another Pines Home Sold

315 NW Bayonet Place has been sold by the Gabe Sanders real estate team.  The sales price was $319,500. 

Front of the the Pines Home in Jensen Beach FL

Two story beauty, lots of upgrades.  4 bedrooms, 2.5 baths CBS home in The Pines.   Screened and heated pool, lots of covered outdoor living space, preserve views.  Many upgrades including; granite counter-tops in kitchen, new vanity and fixtures in half bath, Italian porcelain tile floors in living area, wood floor in family room, wood blinds and much more…  New high efficiency air conditioner (16 SEER) in 2012, 

Pool of the Pines Home in Jensen Beach FL

Kitchen of the Pines Home in Jensen Beach FL

Located adjacent to the new Jensen Beach High School, and Felix A. Williams elementary school, among Martin County’s best schools, is only one reason why living in the Pines and Windemere are so desirable.

the Pines and Windemere

 

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own back yard.”  “Our Kids can walk to the new High School”

Jensen Beach High School

In addition to the best schools, The Pines is located just 1.5 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course is right next door, a regional park that offers little league and soccer and many family attractions.  “we can play golf without the high cost just next door.”

For others, the best shops of the Treasure Coast Mall with a new 13-plex theater are walking distance and grocery stores are located nearby.

World famous fishing is just a ride away. Stuart is known as the “Sailfish capital of the world.”

Adjacent to the Pines, is the smaller community of Windemere and the Preserves.  Currently, D.R. Horton is in the process of building brand new affordable homes in both the Pines and Windemere subdivisions at some very affordable prices. 

 

For any questions you may have about 315 NW Bayonet PL – Another Pines Home Sold, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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315 NW Bayonet PL – Another Pines Home Sold

5695 SE Matousek St Open House September 15

5695 SE Matousek St Open House September 15

Join us on Sunday, September 15 from 1 to 4 PM at 5695 SE Matousek St. in Rocky Point, Stuart, FL for an open house.  Get a first hand look at this totally remodeled home with easy access to fishing and boating just off the Saint Lucie Inlet.

Marina of Rocky Point Estates

An amazing opportunity in Rocky Point Estates.  This two story Key West style pool homes has seen a total makeover in the past few years.  The second floor is a spacious 2 BR, 1 BA, space with a full country kitchen, living and dining areas and laundry room. There’s a 360 degree covered wrap around porch to enjoy the cool ocean breezes year round.  Floors are Dade County Pine.  The living room has a Vermont Casting wood stove for those rare winter days when a little warmth may be required.  A newer 30 year metal roof (2005). The attic, trusses, decks and staircase are all Cypress (which is no longer available for home construction).  This structure is supported by reinforced poured concrete.

Exterior of Rocky Point Pool Home

The CBS first floor has been recently updated.  Boasting a great room concept with 1 BR and 1 Bath and new kitchen with granite counters and stainless appliances.  Spacious bathroom with Carrera marble.  Perfect for the extended family needing two living spaces or a possible income producing apartment. Only steps away from the Rocky Point Estates marina and boat ramp. As of this writing docks are available for sale or lease. Please call for an extensive list of features and updates for this home.   

Living area of Rocky Point Pool Home

Living area of Rocky Point Pool Home

There’s a gas heated pool and spa on the perfectly manicured grounds.  Two driveways.  Backup generator that will power both levels.  Security system. Attached car port that can easily be enclosed to a garage.

Apartment Kitchen in Rocky Point Pool Home

Rocky Point Estates is a boating community with a marina and boat ramp that is only minutes from the crystal clear waters of the Atlantic.  A mecca for fisherman from the world over.  There’s also a large picnic area with a covered portico as well as fishing piers with cleaning stations.  All only steps from this home.  Docks are available to purchase and lease for only the residents and members of the Rocky Point Estates Homeowners Association.  HOA fees are a minimal $75.00 per year.

Pool of Rocky Point Pool Home

Boat Ramp of Rocky Point Estates

 

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5695 SE Matousek St Open House September 15

Stuart Florida Market Report ZIP Code 34994 Residential August 2013

Stuart Florida Market Report ZIP Code 34994 Residential August 2013

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

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

 

There are currently 59 active listings (Up 4 from July).Stuart Florida Market Report ZIP Code 34994 Residential August 2013

 

33 Residential sales are pending and awaiting close or lender approval (Up 4 homes from July).Stuart Florida Market Report ZIP Code 34994 Residential August 2013

 

 

8 Homes Sold in July (Decreased by 7 homes from July)Stuart Florida Market Report ZIP Code 34994 Residential August 2013

 

The 34994 ZIP code area of the Stuart, Florida had a decrease in closed (sold) sales for the month of August.  On a positive note, the inventory rose slightly (for the second month in a row), though the inventory of available homes is still very low and is one reason for the lower number of closed sales.  Pending sales did go up from July and this is a good sign for future closed sales.

The one month absorption rate for the 34994 zip code for August rose to 7.4 months from last months 3.7 months.  Back into a very slight buyers market.  A 6 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage. 

The August 2012 numbers were 58 Active Listings, 38 pending sales and 14 closed sales.   Unfortunately, for the 34994 zip code area of Stuart, FL the market was fractionally better last year as compared to August of 2013.

 

Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:Stuart Florida Market Report ZIP Code 34994 Residential August 2013

 

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Stuart Florida Market Report ZIP Code 34994 Residential August 2013

The Yacht and Country Club of Stuart Courtyard Villa Sold

The Yacht and Country Club of Stuart Courtyard Villa Sold

Our courtyard villa in the yacht and Country Club of Stuart has sold.  Sales price was $175,000.

Front of Yacht and Country Club Courtyard Villa

Dining area of Yacht and Country Club Courtyard Villa

Have a never ending vacation of a lifetime in this sunny bright courtyard villa.  Lying adjacent to a full 1 acre of vacant (currently un-buildable) land, this 3 BR, 2 BA, 2 Car Garage home is like having a private oasis. This home is offered fully furnished, just bring your toothbrush. As a bonus, your own private golf cart is included. Well maintained with an updated kitchen and ample storage. Located in a guard gated golf course community (with golf membership not mandatory) and conveniently located close to marinas, beaches, shopping and the other amenities that Stuart, Florida has to offer. Community pool, tennis courts and fitness center are also available. Great opportunity for a full time home or the perfect winter getaway at an affordable price.

Living room of Yacht and Country Club Courtyard Villa

Kitchen of Yacht and Country Club Courtyard Villa

 

 

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The Yacht and Country Club of Stuart Courtyard Villa Sold

 

Conquistador Market Update September 2013

Conquistador Market Update September 2013

Homes:  3 Active listings ranging in price from $230,000 to $269,300 at an average of $138.88 per sq. ft. of living area.

No homes are under contract at this time.

In the past 12 months, 5 homes have sold in Conquistador Estates with sales prices ranging from $179,000 to $285,000.  An average sales price of $119.47 per sq. ft. of living area at 92% list to sales ratio.  None of these sales were short sales or foreclosures.

Condos:  There are currently 14 condos for sale in Conquistador.  Listing prices range from $72,900 to $215,000.  The average is $92.50 per sq. ft. of living area.  One of these listings is a short sale.

2 Condos are under contract awaiting settlement.  List prices are $80,000 and $94,500 for an average of 80.04 per sq. ft. of living area.  The lower priced unit is a short sale.

In the past 12 months, 27 condos have sold in Conquistador.  Sales prices ranged from $22,500 to $125,000.  The average price per sq. ft. was $104.27 at an 88% list to sales ratio.  There were 3 foreclosures and no short sales in these sales.

Conquistador is the prime senior location in Stuart Florida.  Conquistador Market Update September 2013 are located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

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

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

Search for available Homes and Condos in Conquistador

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

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Conquistador Market Update September 2013

5695 SE Matousek St Open House September 8

5695 SE Matousek St Open House September 8

Join us on Sunday, September 8 from 1 to 4 PM at 5695 SE Matousek St. in Rocky Point, Stuart, FL for an open house.  Get a first hand look at this totally remodeled home with easy access to fishing and boating just off the Saint Lucie Inlet.

Marina of Rocky Point Estates

An amazing opportunity in Rocky Point Estates.  This two story Key West style pool homes has seen a total makeover in the past few years.  The second floor is a spacious 2 BR, 1 BA, space with a full country kitchen, living and dining areas and laundry room. There’s a 360 degree covered wrap around porch to enjoy the cool ocean breezes year round.  Floors are Dade County Pine.  The living room has a Vermont Casting wood stove for those rare winter days when a little warmth may be required.  A newer 30 year metal roof (2005). The attic, trusses, decks and staircase are all Cypress (which is no longer available for home construction).  This structure is supported by reinforced poured concrete.

Exterior of Rocky Point Pool Home

The CBS first floor has been recently updated.  Boasting a great room concept with 1 BR and 1 Bath and new kitchen with granite counters and stainless appliances.  Spacious bathroom with Carrera marble.  Perfect for the extended family needing two living spaces or a possible income producing apartment. Only steps away from the Rocky Point Estates marina and boat ramp. As of this writing docks are available for sale or lease. Please call for an extensive list of features and updates for this home.   

Living area of Rocky Point Pool Home

Living area of Rocky Point Pool Home

There’s a gas heated pool and spa on the perfectly manicured grounds.  Two driveways.  Backup generator that will power both levels.  Security system. Attached car port that can easily be enclosed to a garage.

Apartment Kitchen in Rocky Point Pool Home

Rocky Point Estates is a boating community with a marina and boat ramp that is only minutes from the crystal clear waters of the Atlantic.  A mecca for fisherman from the world over.  There’s also a large picnic area with a covered portico as well as fishing piers with cleaning stations.  All only steps from this home.  Docks are available to purchase and lease for only the residents and members of the Rocky Point Estates Homeowners Association.  HOA fees are a minimal $75.00 per year.

Pool of Rocky Point Pool Home

Boat Ramp of Rocky Point Estates

 

Search for all Rocky Point Homes for Sale

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5695 SE Matousek St Open House September 8

July 2013 Monthly Market Detail St Lucie County Townhouses and Condos

July 2013 Monthly Market Detail St Lucie County Townhouses and Condos

The July 2013 Monthly Market Detail St Lucie County Townhouses and Condos as reported by Florida Realtors showed a is back on a positive track after showing a little weakness last month.   Year to year closed sales were up by 8.9% (was off by 17% in June) while new sales under contract (new pending sales) increased by 29.9% (was 9.4% in June

Prices continued to rise, year to year, with the median sales price up by an impressive 62.6% (up 11.8% in June) and the average sales price rose by 20% (was up by 11.8% in June).

The inventory of available townhouses and condos rose slightly from last month to 801 units which is a decrease of 25% from last July.  Current supply of inventory is now 7.8 months (a 35.8% 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.

Please see the entire Saint Lucie County townhome and condo market detail by clicking the links below:

 July 2013 Monthly Market Detail St Lucie County Townhouses and Condos

 

 

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

July 2013 Monthly Market Detail St Lucie County Townhouses and Condos

July 2013 Monthly Market Detail St Lucie County Single Family Homes

July 2013 Monthly Market Detail St Lucie County Single Family Homes

The July 2013 Monthly Market Detail St Lucie County Single Family Homes as reported by Florida Realtors continues the positive trend that has been apparent all this year, though at a more moderate rate for July.   Closed sales were up by 4.3% which were down by 0.4% (in June they were down by .4%)  and new sales under contract (new pending sales) increased by 55.6% (they were up by 42.6% last month).

Both median and average sales prices were up (year to year) by 23.2% and 21.7% respectively. 

The inventory of active listings rose from last month, but is still down by 34.2% from last year.  Current supply of inventory is only 4.3 months (a 43.6% decrease from last year) and up slightly from 3.9 months from June.  For July 2013 this remains a strong sellers market in the St Lucie County area.  Lower inventory typically results 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  expect to see continued increases in inventory.

Please click on the links below to read the full Saint Lucie County single family market detail:July 2013 Monthly Market Detail St Lucie County Single Family Homes

 

 

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

July 2013 Monthly Market Detail St Lucie County Single Family Homes

July 2013 Monthly Market Detail Martin County Townhouses and Condos

July 2013 Monthly Market Detail Martin County Townhouses and Condos

The July 2013 Monthly Market Detail Martin County Townhouses and Condos continues to show positive year to year results.  We’ve had a very impressive run so far in 2013 with no signs of abatement.   Year to year closed sales were up by 20.8% ( down by 18% in June) while new sales under contract (new pending sales) increased by 65.6% (was 38.3% in June).

The median sales price increased by 20.7% (was up by 14.6% in June) while the average sales price rose by 10.2% (was up 25.3% in June) as compared to July of 2012.

The inventory of available townhouses and condos have decreased to 545 units which is a decrease of 31.5% from last July.  Current supply of inventory is only 5.5 months (a 41.4% decrease from last year).  For the Martin County townhouse and condo market we are now in a seller’s market.  This will put significant pressure into possible rising values as long as a seller’s market persists.Martin County Townhouses and Condos Market Detail July 2013

 

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

July 2013 Monthly Market Detail Martin County Townhouses and Condos

July 2013 Monthly Market Detail Martin County Single Family Homes

July 2013 Monthly Market Detail Martin County Single Family Homes

Another month of solid gains year to year for the July 2013 Monthly Market Detail Martin County Single Family Homes as reported by Florida Realtors.   Closed sales were up by 18.2% (was 24.4 % in June) and new sales under contract (new pending sales) increased by 42.1% (43.9% in June).

Both the median and average sales prices (year to year) increased this month by percentages of 11.8% and 14% respectively.

The inventory of available single family homes have decreased to only 1102 units which is down by 23.9% from last July.  Current supply of inventory is only 6.3 months (a 35.5% decrease from last year).  We are now in a balanced market for residential sales in Martin County.  There’s no reason not to expect a sellers market should the inventory continue to decrease.

Please look at the full Martin County single family market detail by clicking on the links below:Martin County Single Family Market Detail July 2013

 

 

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

July 2013 Monthly Market Detail Martin County Single Family Homes

July 2013 Monthly Market Detail Florida Townhouses and Condos

July 2013 Monthly Market Detail Florida Townhouses and Condos

The July 2013 Monthly Market Detail Florida Townhouses and Condos for the state of Florida showed excellent activity after a bit of easing in June.   Year to year closed sales were up by 16.8% as compared to last months decrease of 2.5% and new sales under contract (new pending sales) increased by 20.7% (June’s increase was 14.2%).

Both median and average sales prices were up (year to year) by 21.9% and 21.7% respectively (higher than June’s). 

One item of concern is the active inventory which has decreased again, for July by 17.5%.  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.

Click on the link below or the graphic to see the full market detail report from Florida Realtors:Monthly Market Detail July 2013 Townhouses and Condos Florida

 

 

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

July 2013 Monthly Market Detail Florida Townhouses and Condos

July 2013 Monthly Market Detail Florida Single Family Homes

July 2013 Monthly Market Detail Florida Single Family Homes

The positive trend continues for the real estate market as reported by Florida Realtors for the July 2013 Monthly Market Detail Florida Single Family Homes for the entire state of Florida.  All indices have once again moved in a positive direction with the exception of inventory (active listings).  Year to year closed sales were up by 20.9% (was 8.6% in June) and new sales under contract (new pending sales) increased by 25.9% (was 23.1% in June).

Both median and average sales prices were up (July 2012 to July 2013) by 18.7% and 17.5% respectively.  July results are surprisingly better numbers than June of 2013 and momentum has been regained.

The inventory of available homes for sale remains a concern as it continues to decrease, down by 17.2% from last year.  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.

Please look at the full detail report for the rest of the story:Florida Market Detail July 2013 Single Family Homes

 

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

July 2013 Monthly Market Detail Florida Single Family Homes

Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Hobe Sound Florida Market Report ZIP Code 33455  Residential, July 2013

 

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

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

 

There are currently 238 active listings. ( Down by 10 homes from June)

Active Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

96 Residential sales are pending and awaiting close  (A decrease of 11 homes from June)

Pending - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

42 Homes Sold in July (Up by 5 homes from last month)

Sold Listings - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

 

Closed sales were up for the Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County.  After an increase of inventory in June, we’re back to lower numbers for July.  Pending sales were also off slightly.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 5.7 months.  Back to a slight sellers market again.  An absorption rate of 6 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for July 2012 were:  279 active listings, 77 pending sales and 31 closed sales.   Much better activity year to year for the Hobe Sound residential real estate market.

 

 Please use the charts below as reference only as they rely on all residential types of property in the 34994 real estate market:

Market Summary - Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

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Hobe Sound Florida Market Report ZIP Code 33455 Residential, July 2013

Price Reduced Key West Style Rocky Point Home

Price Reduced Key West Style Rocky Point Home

The price of this home located at 5695 SE Matousek St. in Rocky Point, Stuart, FL has been reduced to $369,900.  Come and take a look at this totally remodeled home with easy access to fishing and boating just off the Saint Lucie Inlet.

Exterior of Rocky Point Pool Home

An amazing opportunity in Rocky Point Estates.  This two story Key West style pool homes has seen a total makeover in the past few years.  The second floor is a spacious 2 BR, 1 BA, space with a full country kitchen, living and dining areas and laundry room. There’s a 360 degree covered wrap around porch to enjoy the cool ocean breezes year round.  Floors are Dade County Pine.  The living room has a Vermont Casting wood stove for those rare winter days when a little warmth may be required.  A newer 30 year metal roof (2005). The attic, trusses, decks and staircase are all Cypress (which is no longer available for home construction).  This structure is supported by reinforced poured concrete.

Marina of Rocky Point Estates

The CBS first floor has been recently updated.  Boasting a great room concept with 1 BR and 1 Bath and new kitchen with granite counters and stainless appliances.  Spacious bathroom with Carrera marble.  Perfect for the extended family needing two living spaces or a possible income producing apartment. Only steps away from the Rocky Point Estates marina and boat ramp. As of this writing docks are available for sale or lease. Please call for an extensive list of features and updates for this home.   

Living area of Rocky Point Pool Home

Living area of Rocky Point Pool Home

There’s a gas heated pool and spa on the perfectly manicured grounds.  Two driveways.  Backup generator that will power both levels.  Security system. Attached car port that can easily be enclosed to a garage.

Apartment Kitchen in Rocky Point Pool Home

Rocky Point Estates is a boating community with a marina and boat ramp that is only minutes from the crystal clear waters of the Atlantic.  A mecca for fisherman from the world over.  There’s also a large picnic area with a covered portico as well as fishing piers with cleaning stations.  All only steps from this home.  Docks are available to purchase and lease for only the residents and members of the Rocky Point Estates Homeowners Association.  HOA fees are a minimal $75.00 per year.

Pool of Rocky Point Pool Home

Boat Ramp of Rocky Point Estates

 

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Price Reduced Key West Style Rocky Point Home