Palm City FL 34990 Residential Market Report July 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2019

For July 2019 in the 34990 Zip Code area of Palm City Florida :

There are currently 348 active listings (Down by 42 homes from June)

154 Residential sales are pending (Up by 38 homes from last month)

63 Homes Sold in September (Down by 23 homes from June)

The Palm City FL, zip code 34990 residential real estate market had a large improvement in pending sales while closed sales were off. With the increase in pending sales, I expect closed sales to improve in the next month or two. There was also a pretty large (and unexpected) drop in inventory for July.

The monthly absorption rate rose to 5.5 months from 4.5 months in June. Remaining in a seller’s market for the Palm City zip code 34990 area, though approaching a balanced market. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The July 2018 numbers were: 335 active listings, 142 pending sales, and 76 closed sales. There’s a greater number of pending sales this year while closed sales were better last year.

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34990 zip code area of Palm City FL

Search here for vacant land for sale in the 34994 zip code area of Palm City FL

Palm City Florida Real Estate presented by:
the Gabe Sanders real estate team

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Palm City FL 34990 Residential Market Report July 2019

Harbour Pointe August 2019 Market Report

08.21.19 by Gabe Sanders

Harbour Pointe August 2019 Market Report

For August 2019 there are no homes for sale in Harbour Pointe.

There are also no homes in Harbour Pointe currently under contract. This home was listed for $379,900 which equals $180.65. This home was on the market for 141 days prior to going under contract.

11 homes have sold in the past 12 months with sales prices from $285,777 up to $490,000. The average sales price was $391,025 which works out to $158.25 per square foot of living area. These homes sold for an average of 96% list price and averaged 98 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe is a gated community of 120 homes in Palm City Florida. This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County! Residents enjoy preserve and lake views in spacious custom designed homes.

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County. Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Currently Available Homes and Town Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe August 2019 Market Report

Stuart Florida 34994 Residential Market Report July 2019

08.20.19 by Gabe Sanders

Stuart Florida 34994 Residential Market Report July 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2019

For June 2018 in the 34994 Zip Code area of Stuart, Florida :

There are currently 89 active listings (Up by 3 homes from June)

17 Residential sales are pending and awaiting close or lender approval (Decreased by 12 homes from last month).

16 Homes Sold in July (Decreased by 11 homes from June)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed much weaker activity for July as compared to the last few months. Both pending and closed sales were down by considerable numbers.

The one-month absorption rate for the 34994 zip code for July jumped to 5.6 months from 3.2 months for June. Remaining in a seller’s market for the 34994 zip code area of Stuart, FL, but approaching a balanced one. A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The July 2018 numbers were 71 Active Listings, 30 pending sales, and 21 closed sales. Much better activity last year than for July 2019.

Are you interested in the value of your Stuart FL Home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for homes for sale in the 34994 zip code area of Stuart FL

Search here for vacant land for sale in the 34994 zip code area of Stuart FL

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Search here for Stuart Florida Real Estate for Sale

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.

Stuart Florida 34994 Residential Real Estate Market Report July 2019

The Preserve of Hobe Sound August 2019 Market Report

08.15.19 by Gabe Sanders

The Preserve of Hobe Sound August 2019 Market Report

For August 2018, there are 4 homes on the market in the Preserve of Hobe Sound. These homes are listed with prices ranging from $299,900 up to $340,000. This is an average list price of $324,475 which is $160.87 per sq. ft. of living area.

There is 1 home currently under contract. This home was on the market for $369,900 or $183.39 per sq. ft. of living area. This home was on the market for only 4 days before going under contract

In the past 12 months, 15 homes have sold in the Preserve. Sales prices ranged from $260,000 up to $370,000. This works out to an average sales price of $316,887 which equals $157.11 per sq. ft. of living area. These homes averaged 57 days on the market before going under contract and sold for 97% of list price.

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound is a DiVosta built community which was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two car garage. The garages come in both front and side entrance varieties.

This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded local residents.

This is a gated community with a very attractive waterfall lake entrance. Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course. All ages are welcome and up to two large pets are permitted. The community offers a heated pool, two tennis courts and two bocce ball courts along with a small clubhouse. Low HOA cover landscaping (front of home) as well as the common areas, basic cable TV, management fees and trash pickup.

Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.

This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.

There are also excellent medical facilities close by as well as restaurants and shopping. A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.

Search here for any available Preserve Homes for Sale

The Preserve of Hobe Sound August 2019 Market Report

Bahia Sound Hobe Sound August 2019 Market Report

08.14.19 by Gabe Sanders

Bahia Sound Hobe Sound August 2019 Market Report

There are no homes for sale in Bahia Sound in Hobe Sound for August 2019.

There are also no homes currently under contract.

4 Bahia Sound homes have sold in the past 12 months. The sales prices ranged from $400,000 up to $520,000. This is an average sales price of $478,250 which works out to $194.28 per square ft. of living area. These homes were on the market for an average of 62 days prior to going under contract and sold for 97% of list price.

About Bahia Sound in Hobe Sound:

The gated community of Bahia Sound is located on both the east and west sides of Gomez Avenue in Hobe Sound FL. This community has only 51 home sites. Homes have been built from 1990 to 2015 and as of this writing (July 2017), there are still 6 vacant lots. These homes are on lots of around 1/4 to 1/3 of an acre and range in size from 4 bedrooms, 3 bathroom homes of around 3,400 sq. ft. of living area down to 3 bedrooms, 2 bathroom homes of just over 2,000 sq. ft. Most homes are single-story, however, there are a number of 2 story homes. There was no preferred builder so all of these homes are individual and unique.

There is a boardwalk through the preserve area to a private dock area as well as kayak/canoe storage. There are only a limited number of docks available and those with deeded docks have the ability to sell these docks to other Bahia Sound owners.

Children are currently zoned to attend the Hobe Sound Elementary School, Murray Middle School, and the South Fork High School.

This community is located next to the Jimmy Graham Park and is only 5 miles +/- to Jupiter Inlet or St. Lucie Inlet as well as 10 min to Pecks Lake by boat. There’s easy access to US-1 and either the City of Stuart or south to the town of Jupiter for entertainment, fine restaurants, movies, and first-class medical facilities.

Search for Bahia Sound Homes for sale

Search for Hobe Sound Real Estate

Search for Hobe Sound Homes for sale:

Bahia Sound Hobe Sound August 2019 Market Report

Oceanrise Condo Real Estate Market Report for August 2019

08.13.19 by Gabe Sanders

Oceanrise Condo Real Estate Market Report for August 2019

For August 2019 there is 1 condo available for sale in the Oceanrise Condominiums on Hutchinson Island in Jensen Beach FL. The list price is $340,000 or $313.08 per square foot of living area.

There are also no condos currently under contract (pending sales).

In the past 12 months, 5 Oceanrise condos have sold. Sales prices ranged from $230,000 up to $310,000 for an average sales price of $260,090 which works out to $254.74 per sq. ft. of living area. These condos averaged 33 days on market before going under contract and sold for 92% of list price.

About the Oceanrise Condos in Jensen Beach:

Located just north of Waveland Beach in Jensen Beach on Hutchinson Island, Oceanrise is a 7 story building that was opened for sale in 1979. All the residences in Oceanrise are 2 bedrooms, 2 bathrooms with one exception for a corner penthouse double unit which has 2042 sq. ft. of in the unit living area. The other 68 homes have either 1,086 or 1,021 sq. ft. of living area and additional balcony space.

Sorry, no pets are allowed in Oceanrise, but rentals are permitted with a 3-month minimum stay restriction.

Residents can enjoy the heated pool and their own private access to the beach. There are also shuffleboard courts as well as a clubhouse and BBQ grill area.

Click here to search for available Oceanrise Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceanrise Condo Real Estate Market Report for August 2019

Affordable Windjammer Condo with Dock Sold

08.12.19 by Gabe Sanders

Affordable Windjammer Condo with Dock Sold

This first-floor condo with an ocean access dock has sold for $183,000.

Here’s your opportunity to own a beautifully updated first floor 2 bedrooms and two bathrooms condo in the Marlborough Building of the Windjammer Condos in Stuart, FL. This condo comes with a deeded dock suitable for up to a 28-foot boat with both water and electric available for only $75 per year. The condo features an updated kitchen with stainless steel appliances and granite counters and a pantry. The master bedroom features dual sinks in the bath and a walk-in closet. This is a pet-friendly community that allows for up to 1 small pet. There’s a large 4’ X 4’ X 9’ storage bin located just next door to this condo. Windjammer has an active clubhouse along with three pools and an onsite manager. Enjoy living in a great location close to downtown, shopping, restaurants, and the beaches.

About the Windjammer Condos in Stuart FL:

Windjammer is a senior (55+) community of waterfront condos in Stuart, FL on the South Fork of the wide Saint Lucie River with easy ocean access. There are 130 2 bedrooms, 2 bathroom condos with porches. Most condos have excellent water views with the end buildings having beautiful wide river views of the Saint Lucie River.

There are three pools and a clubhouse in Windjammer. Association fees at the time of this post (November 2018) are around $460.00 per month, payable quarterly. These fees include Cable, Common Areas, Common R.E. Tax, Elevator, Grounds / Plants, Insurance-Bldg, Laundry Facilities, Maintenance Exterior, Management Fees, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Trash Removal, Water and Sewer. Those condos with deeded docks have an additional $75 fee per year.

Docks are deeded to the condos and are owned by the unit owners. (Not every condo has an accompanying dock) Dock sizes vary and go up to a 16? beam and 40? length. No rentals are allowed during the first two years of ownership, after which two rentals are allowed per year. One small pet is also allowed for owners, not for rentals.

Very affordable opportunity for those wishing to enjoy the boating lifestyle in fabulous Stuart FL.

Search for Windjammer Waterfront Condos in Stuart, FL

Search for all Stuart FL area homes, condos, and land at GabeSanders.com or call (772) 888-2885

Affordable Windjammer Condo with Dock Sold

St Lucie County Townhouses and Condos June 2019 Market Report

08.08.19 by Gabe Sanders

St Lucie County Townhouses and Condos June 2019 Market Report

The St Lucie County Townhouses and Condos market for June 2019 continued with the second month of weaker sales activity. Closed sales were down by 4.6% from last year (were down by 17.7% in May) while new pending sales were down by 5.8% for June (they were up by 11.7% in May).

Prices, though, rose for June. The median price increased by 10.4% from last year (was down by 5.4% in May) while the average sales price increased by 4.2% (was down by 0.9% in May).

The inventory of available townhouses and condos decreased by 42 units from last month to 545 units, which is still 4.0% greater than June 2018. The current inventory is 5.4 months, as compared to 5.2 months of inventory last year. The St Lucie County townhouses and condos market slipped back into a slight seller’s market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

Click here to view or download the full report:
St Lucie County Townhouses and Condos June 2019 Market Report

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.

St Lucie County Townhouses and Condos June 2019 Market Report

Oceana South Condos August 2019 Market Report

08.08.19 by Gabe Sanders

Oceana South Condos August 2019 Market Report

As of August 2019, there is 1 condo for sale in Oceana South on Hutchinson Island in Jensen Beach FL. This condo is listed for $269,000 which is $262.95 per sq. ft. of living area.

There is 1 condo currently under contract. The list price was $289,900 or $283.38 per sq. ft. of living area. This condo was on the market for only 10 days before going under contract.

In the past 12 months, 3 condos have sold. Sales prices ranged from $207,000 up to $300,000. This works out to an average sales price of $254,667 which equals $240.28 per sq. ft. of living area. These condos were on the market for an average of 79 days before going under contract and sold for 96% of list price.

About the Oceana South Condos on Hutchinson Island in Jensen Beach:

Oceana South Condos in Jensen Beach

View all Oceana Condos for sale on Hutchinson Island in Jensen Beach FL:

The Oceana South Condo building on Hutchinson Island in Jensen Beach FL was completed in 1982. This is a direct oceanfront building with 126 units in 12 stories. Oceana South has two pools, Jacuzzi, tennis courts, exercise room, billiards, clubhouse, picnic area, car wash and is a gated complex with direct access to your own beach.

Oceana South Condos in Jensen Beach

Condo sizes vary from corner units with wrap-around balconies that have 2 bedrooms and 2 bathrooms and feature 1,119 sq. ft. of living area under air, while the interior 2 bedroom, 2 bath condos have 1,023 sq. ft. with smaller balconies. There are also 1 bedroom, 2 bath units with 89 sq. ft. of living area. One lucky owner does have a penthouse double unit with 2,142 sq. ft. with 3 bedrooms and 3 baths.

Oceana South Condos in Jensen Beach

Condo fees as of the time this information was written (July 2019), are $497 per month. These fees include building insurance, reserve funds, management and use of all the common areas. 1 pet under 30 lbs. is permitted (or two pets of 15 lbs. or less) and rentals are allowed with a minimum lease duration of three months.

Oceana South Condos in Jensen Beach

Oceana South is an excellent choice for those wishing to escape the harsh northern winters and enjoy a relaxing beach lifestyle with wonderful friendly neighbors.

Search here for currently available Oceana South Condos in Jensen Beach

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceana South Condos August 2019 Market Report

St Lucie County Single Family Homes June 2019 Market Report

08.07.19 by Gabe Sanders

St Lucie County Single Family Homes June 2019 Market Report

For June 2019 in the St Lucie County Single Family Home Market sales activity when compared to last year. Closed sales were up by 13.6% (in May they were up by 1.8%) and new sales under contract (new pending sales) increased by 5.4% (they were up by 5.7% last month).

Prices were also up for the month. The median sales price was up by 4.6% (was up by 4.9% in May). The average sales price was up by 4.7% (it was down by 0.7% in May).

The number of available home listings decreased by 115 homes to 1,827 homes. This inventory is still 20.7% higher than last year. The current supply of homes is 4.0 months (it was 3.3 months last year). The St Lucie County single-family home market remains a strong sellers’ market. A balanced market is one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
St Lucie County Single Family Homes June 2019 Market Report

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.

St Lucie County Single Family Homes June 2019 Market Report

Martin County Townhouses and Condos June 2019 Market Report

08.06.19 by Gabe Sanders

Martin County Townhouses and Condos June 2019 Market Report

The Martin County Townhouses and Condos June Market Report shows weaker sales activity when compared to last year. Closed sales for the month were down by 17.1%. They were down by 17.3% in May. While new sales under contract (new pending sales) were down by 2.2% from June 2018. They also decreased by 13.1% in May.

Prices, though, continue to rise at surprisingly strong rates. The median sales price increased by 25.1% (was up by 10.2% in May) while the average sales price increased by 32.5% (was up by 5.1% in May).

The inventory of available townhouses and condos decreased by 37 units to 394 properties. This is still a 9.7% greater inventory then we had for in June 2018. Currently, there’s a 4.3 month supply of inventory (compared to 3.5 months for June 2018). Remaining in a seller’s market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Townhouses and Condos June 2019 Market Report

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.

Martin County Townhouses and Condos June 2019 Market Report

Islander 12 Condos Real Estate Market Report August 2019

08.06.19 by Gabe Sanders

Islander 12 Condos Real Estate Market Report August 2019

For August 2019, there are no condos available for sale in the Islander 12 condo community of Hutchinson Island in Stuart FL.

There is one condo currently under contract. The list price was $369,000 which equals $271.32 per sq. ft. of living area. This condo was on the market for 43 days before going under contract.

In the past 24 months, there have been 3 sales in the Islander 12 condo complex. These condos sold for prices ranging from $305,000 up to $310,000 which is an average sales price of $308,000 or $246.60 per sq. ft. of living area. These condos were on the market for an average of 194 days before going under contract. They sold for an average of 92% of list price.

About the Islander 12 Condos on Hutchinson Island:

View Hutchinson Island Condos for sale in Martin County FL:

The Islander 12 Condos of Hutchinson Island in Stuart FL is a small condo community of only 12 units that were built in 1973. This direct Ocean access condo community features 2 bedrooms, 2 bath condos varying in sizes from 1,360 sq. ft. to 1,108 sq. ft. of living area.

The Islander 12 has direct Ocean access across the Dunes and a heated pool. Each unit has under-building parking for 1 car with additional uncovered spaces for guests or additional vehicles.

This is a pet-friendly building and rentals are also allowed. The current Condo association fees are $607 per month (June 2019).

Located close to the Stuart Causeway, Publix supermarket, downtown Stuart.

Search here for any Islander 12 Condos for Sale in Stuart FL

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:

Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

Islander 12 Condos Real Estate Market Report August 2019

Martin County Single Family Homes June 2019 Market Report

08.05.19 by Gabe Sanders

Martin County Single Family Homes June 2019 Market Report

The Martin County Single Family Homes June 2019 Market Report showed weaker sales activity when compared to last June. Closed sales were down by 7.1% (were up by 1.1% in May). While new pending sales decreased by 2.4% as compared to June 2018 (they increased by 1.8% in May).

Prices were mixed for June. The median sales price was up by 4.9% from last year (up by 3.8% in May) while the average sales price decreased by 3.9% (was down by 0.2% last month).

The inventory of available single-family homes decreased from last month by 70 homes to 1001 units for June, this is an 11.6% greater inventory than last June. The current supply of homes is 5.1 months. For June of last year, it was a 4.5 months supply. We remain in a seller’s market for Martin County single-family home sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click here to view or download the full report:
Martin County Single Family Homes June 2019 Market Report

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.

Martin County Single Family Homes June 2019 Market Report

Duckwood Real Estate August 2019 Market Report

08.05.19 by Gabe Sanders

Duckwood Real Estate August 2019 Market Report

For August 2019, there is 1 home for sale in Duckwood in Stuart FL. This home is listed for $239,900 or $137.40 per sq. ft. of living area.

There is also one home currently under contract. This home had a list price of $275,000 which equals $172.96 per sq. ft. of living area. It was on the market for 71 days before going under contract.

In the past 12 months, 3 homes have sold in Duckwood. Sales prices ranged from a low of $239,000 up to a high of $258,000. This is an average sales price of $245,667 which works out to $141.51 per sq. ft. of living area. These homes were on the market for an average of 82 days before going under contract and sold for 97% of list price.

About Duckwood in Stuart FL:

The Duckwood community of Stuart FL is an active senior community in the southern part of unincorporated Stuart, just south of Cove Rd and west of US-1 (Federal Highway) adjacent to the Summerfield community and the Champions Golf Club.

Duckwood has 140 single family homes of various sizes and shapes ranging from just over 2,000 sq. ft. with 3 bedrooms and 2 bathrooms down to under 1,000 sq. ft. of living area with 2 bedrooms and 2 bathrooms. Homes in Duckwood were built between 1986 and 1990.

Duckwood is one of Stuart’s most sought after 55+ communities! This community features a wonderful clubhouse on the lake with community pool, billiard room, hobby shop, bocce ball & shuffleboard! Set among the tall pines, Duckwood offers the privacy & feel of country living, all within minutes of shopping, I-95 & the beaches! You will feel like you have stepped back in time with Duckwood’s neighborhood feel! This comes with a low HOA fee of $103 a month (as of July 2016). Pets and rentals are permitted with some restrictions.

Click here to see if any Duckwood homes are available to purchase

Duckwood Real Estate August 2019 Market Report

Florida Townhouses and Condos June 2019 Market Report

08.02.19 by Gabe Sanders

Florida Townhouses and Condos June 2019 Market Report

The Florida Townhouses and Condos Market Report for June 2019 had weaker sales activity when compared to last June. Closed sales were down by 9.4% as compared to last month’s increase of 1.6% and new sales under contract (new pending sales) decreased by 1.5% (In May there was a 0.5% increase).

Prices were mixed for the month of June. The median sales price was up by 2.6% (was up by 3.7% in May), while the average sales price decreased by 4.0% (was down 1.2% in May).

The inventory of active listings increased by 4.6% from June of last year. We now have 5.7 months of inventory as compared to 5.5 months for June 2018. Remaining in a slight seller’s market for Florida townhouse and condo sales. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Click on the link below or the graphic to see the full market Report report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos June 2019 Market Report

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.

Florida Townhouses and Condos June 2019 Market Report

Newer 4 Bedroom Pinecrest Lakes Home – Open House

08.02.19 by Gabe Sanders

Newer 4 Bedroom Pinecrest Lakes Home – Open House

Join us on August 4th from 1 to 4 PM at 235 NE Abaca Way in Pinecrest Lakes in Jensen beach FL for an open house.

A 2014 D. R. Horton built Biscayne model with 4 bedrooms and 3 bathrooms plus a large den/office which could be a 5^th bedroom and a spacious 3 car garage in the desirable Pinecrest Lakes community of Jensen Beach. This home features granite counter-tops, stainless steel appliances, solid concrete block construction and impact glass windows and sliders along with many other desirable features. Tiled floors in living areas and carpeted bedrooms. Wonderfully located close to the Jensen Beach High School, Treasure Coast Mall, fine restaurants and only two miles to the Intracoastal and then the pristine beaches of the Atlantic Ocean. Check out this wonderful opportunity in one of the best locations on the Treasure Coast of Florida.

About Pinecrest Lakes in Jensen Beach Florida:

Piecrest Lakes in Jensen Beach, Florida was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

View Pinecrest Lakes homes for sale:

Newer 4 Bedroom Pinecrest Lakes Home – Open House

Florida Single Family Homes June 2019 Market Report

08.01.19 by Gabe Sanders

Florida Single Family Homes June 2019 Market Report

The Florida Single Family Homes Market Report for May 2019 had a slightly lower closed sales volume than last year but pending sales improved which could mean better closed volume for the near future. The closed sales numbers were down by 1.9% (were up by 9.6% in May) and new sales under contract (new pending sales) were up by 4.9% (were up by 5.0% in May).

Prices were mixed for June. The median sales price rose by 3.8% (it was up by 4.3% in May) and the average sales price was down by 0.3% (it was up by 2.6% last month).

The inventory of available homes for sale increased by 2.0% from last year. This is a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (June 2018 also had a 3.9 month supply) A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory. Inventory continues to decrease which is putting pressure on rising prices and lower sales volume.

Click here to view or download the full report:

Florida Single Family Homes June 2019 Market Report

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.

June 2019 Florida Single Family Homes Market Report

Hobe Sound FL 33455 Condo Market Report June 2019

07.31.19 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report June 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2019

For June 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 12 active condo listings. (Up by 3 condos from May)

3 Condos are pending and awaiting close. (Unchanged from May)

1 Condo sold in June. (Down by 2 condos from May)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. Even with these small number of available condos for sale, the activity remains strong. This month was slow for closed sales but with an increase in inventory, I expect better results in the coming months.

The absorption rate for Hobe Sound condos was 12 months for June (it was 3.0 months for May). Absorption rates in this segment of the Martin County real estate market should be taken with a liberal grain of salt, as small changes in activity make for very large changes in percentages that do not reflect a true trend in the market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The June 2018 numbers were: 4 active listings, 5 pending sales, and 3 closed sales. A better volume of sales and pending sales last year. TThere is a little greater inventory of condos this year.

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Hobe Sound FL 33455 Condo Market Report June 2019

Savanna Oaks July 2019 Market Report

07.31.19 by Gabe Sanders

Savanna Oaks July 2019 Market Report

For July 2019 there is only one home available for sale in Savanna Oaks in Jensen Beach FL. This home has a list price of $799,999 or $189.75 per sq. ft. of living space.

There are no homes currently under contract.

In the past 12 months, 2 Savanna Oaks homes have sold. Sales prices were $520,000 and $545,000. This equals an average sales price of $532,500 which is $141.32 per sq. ft. of living space. These homes were on the market for an average of 329 days before going under contract. They sold for 98% of list price.

Savanna Oaks in Jensen Beach FL

24 home sites on Savanna Road just north of Jensen Beach Blvd. This is an upscale gated community with fairly high elevation (by Florida standards).

Savannah Oaks in Jensen Beach FL

Home is Savanna Oaks are mostly two stories with 3,000 to over 7,000 sq. ft. of living area and a minimum of 2 car garages.

Savannah Oaks in Jensen Beach FL

The HOA fees are $425.00 a month (as of March 2019) make Savanna Oaks a very desirable new community which is ideal for families. Located only 2 miles from the beaches and only one mile to the Intracoastal as well as 2 miles to the Treasure Coast Mall as well as close proximity to both the elementary and high schools which are both ‘A’ rated.

Savannah Oaks in Jensen Beach FL

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772-763-8506

Palm City FL 34990 Residential Market Report July 2019

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for July 2019

For July 2019 in the 34990 Zip Code area of Palm City Florida :

Palm City FL 34990 Residential Market Report July 2019

Harbour Pointe August 2019 Market Report

About Harbour Pointe in Palm City FL:

Harbour Pointe August 2019 Market Report

Stuart Florida 34994 Residential Market Report July 2019

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for July 2019

For June 2018 in the 34994 Zip Code area of Stuart, Florida :

Stuart Florida 34994 Residential Real Estate Market Report July 2019

The Preserve of Hobe Sound August 2019 Market Report

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound August 2019 Market Report

Bahia Sound Hobe Sound August 2019 Market Report

About Bahia Sound in Hobe Sound:

Bahia Sound Hobe Sound August 2019 Market Report

Oceanrise Condo Real Estate Market Report for August 2019

About the Oceanrise Condos in Jensen Beach:

Oceanrise Condo Real Estate Market Report for August 2019

Affordable Windjammer Condo with Dock Sold

About the Windjammer Condos in Stuart FL:

Affordable Windjammer Condo with Dock Sold

St Lucie County Townhouses and Condos June 2019 Market Report

St Lucie County Townhouses and Condos June 2019 Market Report

Oceana South Condos August 2019 Market Report

About the Oceana South Condos on Hutchinson Island in Jensen Beach:

Oceana South Condos August 2019 Market Report

St Lucie County Single Family Homes June 2019 Market Report

St Lucie County Single Family Homes June 2019 Market Report

Martin County Townhouses and Condos June 2019 Market Report

Martin County Townhouses and Condos June 2019 Market Report

Islander 12 Condos Real Estate Market Report August 2019

About the Islander 12 Condos on Hutchinson Island:

Islander 12 Condos Real Estate Market Report August 2019

Martin County Single Family Homes June 2019 Market Report

Martin County Single Family Homes June 2019 Market Report

Duckwood Real Estate August 2019 Market Report

About Duckwood in Stuart FL:

Duckwood Real Estate August 2019 Market Report

Florida Townhouses and Condos June 2019 Market Report

Florida Townhouses and Condos June 2019 Market Report

Newer 4 Bedroom Pinecrest Lakes Home – Open House

About Pinecrest Lakes in Jensen Beach Florida:

Newer 4 Bedroom Pinecrest Lakes Home – Open House

Florida Single Family Homes June 2019 Market Report

June 2019 Florida Single Family Homes Market Report

Gabe’s August 2019 House Calls Real Estate Newsletter

Gabe’s August 2019 House Calls Real Estate Newsletter

Hobe Sound FL 33455 Condo Market Report June 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for June 2019

For June 2018 in the 33455 Zip Code area of Hobe Sound, Florida :

Hobe Sound FL 33455 Condo Market Report June 2019

Savanna Oaks July 2019 Market Report

Savanna Oaks in Jensen Beach FL

Savanna Oaks July 2019 Market Report

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