Hobe Sound FL 33455 Residential Market Report September 2019

10.25.19 by

Hobe Sound FL 33455 Residential Market Report September 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2019

There are currently 178 active listings. (Down by 12 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2019

72 Residential sales are pending and awaiting close  (Up by 5 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2019

40 Homes Sold in September (Down by 7 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2019

The Hobe Sound Florida Market Report ZIP Code 33455 closed sales were off for this month while pending sales were up when compared to August.  This market remains quite active.

The current absorption rate for the Hobe Sound residential market dropped to 4.5 months (It was 4.0 months in August).  Remaining as a seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for September 2018 were: 168 active listings, 56 pending sales, and 48 closed sales.  There was a greater volume of sales last year in this very active segment of the Martin County real estate market.

Hobe Sound FL 33455 Residential Market Report September 2019

Click here to view the previous Hobe Sound condo market reports

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

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

Click here to view previous Hobe Sound FL 33455 Residential Market Reports

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

Hobe Sound FL 33455 Residential Market Report September 2019

Beau Rivage October 2019 Market Report

10.25.19 by

Beau Rivage October 2019 Market Report

For October 2019, there are 3 homes for sale in Beau Rivage.  List prices range from $204,900 up to $919,000 for an average list price of $474,633 or $215.83 per sq. ft. of living area.

There is 1 home currently under contract in Beau Rivage.  It was listed for $219,900 which is $159.58 per sq. ft. of living area.  This home was on the market for 201 days before going under contract.

In the past 12 months, 15 homes have sold in Beau Rivage.  Sales prices ranged from $148,000 up to $770,000.  The average sales price was $367,000 which equaled $207.21 per sq. ft. of living area.  These homes averaged 51 days on market before going under contract and sold for an average of 96% of the last list price.

Click here to view previous Beau Rivage market reports.

About Beau Rivage Real Estate in Stuart FL

Beau Rivage in Stuart Florida

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms. Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary school, and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Beau Rivage

Search for Beau Rivage Homes for Sale

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Beau Rivage October 2019 Market Report

Beacon 21 Jensen Beach October 2019 Market Report

10.24.19 by

Beacon 21 Jensen Beach October 2019 Market Report

There are currently 2 condos for sale in Beacon 21 in Jensen Beach FL.  These condos have list prices of $96,700 and $112,000.  This is an average list price of $104,350 which equals $82.04 per sq. ft. of living area.

3 Condos are currently under contract.  These condos had list prices from $99,999 up to $139,000.  This works out toan average list price of $122,966 which is $96.67 per sq. ft. of living area.  These condos averaged 98 days on the market before going under contract.

In the past 12 months, 21 condos have sold in Beacon 21.  Sales prices ranged from $65,000 up to $156,000.  This equals an average sales price of $115,172 which works out to $101.20 per sq. ft. of living area.  These condos averaged 55 days on the market before going under contract and sold for an average of 94% of the last listed price.

Click here to view previous Beacon 21 market reports.

About: Beacon 21 Condos in Jensen Beach

Beacon 21 Condos in Jensen Beach

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 Condos in Jensen Beach

There are sections in Beacon 21 that are age-restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium-sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 Condos in Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first-come first-served basis for owners in the Beacon 21 complex.

Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school, and the Jensen Beach high school.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

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

Beacon 21 Jensen Beach October 2019 Market Report

Jensen Beach FL 34957 Residential Market Report September 2019

10.21.19 by

Jensen Beach FL 34957 Residential Market Report September 2019

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2019

 There are currently 193 active listings. (Down by 4 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2019

57 Residential sales are pending and awaiting close or lender approval. (Increased by 3 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2019

38 Homes Sold (Down by 5 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2019

The Jensen Beach FL 34957 Residential Market had a slight drop in activity from last month.  Yet, it remains quite active and robust.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.1 months ( was 4.6 months in August).  Remaining in a seller’s market for Jensen Beach homes than last month.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or the buyer.
The September 2018 numbers were: 163 active listings, 55 pending sales, and 48 home sales closed.  There was better activity last year even with a significantly lower inventory of available Jensen Beach homes for sale.
Jensen Beach FL 34957 Residential Market Report September 2019
Are you interested in the value of your Jensen Beach FL Home?
Click on this link and fill out the form for an accurate personal evaluation

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

Click here to view previous Jensen Beach FL 34957 Residential Market Report

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

Jensen Beach FL 34957 Residential Market Report September 2019

Empress Condo on Hutchinson Island Under Contract

10.20.19 by

Empress Condo on Hutchinson Island Under Contract

This spacious 2 bedroom oceanfront condo in one of the best buildings on South Hutchinson Island in Jensen Beach is now under contract.  The list price was $390,000.

This condo is offered fully furnished and is ready for immediate occupancy. One small pet is allowed and rentals are also permitted with some restrictions.

Empress oceanfront Condo in Jensen Beach

The master bathroom has dual sinks and a separate shower and tub along with a large walk-in closet.  There is ample closet space in this condo along with an additional storage locker and a laundry room in the condo.  This Empress condo offers direct access to the beach with unobstructed ocean views.  Other amenities include a beachside pool and spa, exercise room, billiards room, table tennis room, card room with a large flat-screen TV, social room and bar, kitchen with ice-maker and dishwasher, covered patio, barbecue grill, tennis courts, golf practice nets, car wash areas, and a decorated lobby.  The HOA fee includes Wi-Fi and cable.  This is a perfect opportunity for a beachside home or a vacation home and even as an investment property.  The Empress Condo is a luxury building and is also known as “The Jewel of the Isle”.

Empress oceanfront Condo in Jensen Beach

About the Empress on Hutchinson Island in Jensen Beach:

The Empress condos of Hutchinson Island in Jensen Beach FL

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences. It was completed in 1988. Located just a couple of miles north of the Jensen Beach Causeway.  The Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress condos of Hutchinson Island in Jensen Beach FL

There are various sizes and configurations of condos in the Empress. They range from very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedrooms, 2 bath units of 1,505 sq. ft. and the remainder 2 bedrooms, 2 bathrooms condos of either 1,500 or 1,299 sq. ft. of living area.

The Empress condos of Hutchinson Island in Jensen Beach FL

There is ample assigned and guest parking.  There are also additional 40 covered detached garages that can be bought and sold between Empress residents. Other community amenities include pool, Jacuzzi, sun deck, card room, clubhouse with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to the beach.

The Empress Condos of Hutchinson Island The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  Garage owners have some additional fees.

Empress oceanfront Condo in Jensen Beach

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach? The Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

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

Empress Condo on Hutchinson Island Under Contract

Palm City FL 34990 Residential Market Report September 2019

10.15.19 by

Palm City FL 34990 Residential Market Report September 2019

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

 There are currently 317 active listings (Down by 19 homes from August)

Palm City FL 34990 Residential Market Report September 2019

125 Residential sales are pending (Down by 15 homes from last month)

Palm City FL 34990 Residential Market Report September 2019

90 Homes Sold in September (Up by 1 home from August)

Palm City FL 34990 Residential Market Report September 2019

The Palm City FL, zip code 34990 residential real estate market continues to outperform most of the adjacent markets with very strong sales activity.
The monthly absorption rate dropped to 3.5 months from 3.8 months in August.  Remaining in a strong 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 September 2018 numbers were:  357 active listings, 119 pending sales, and 57 closed sales.  Considerably stronger closed and pending sales this year on a significantly smaller inventory of available Palm City homes for sale.

Palm City FL 34990 Residential Market Report September 2019

Click here to view the previous Palm City Florida residential market reports

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

Click here for previous Palm City FL 34990 Residential Market Reports

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 September 2019

Royal Oak Towers Downtown Stuart Under Contract

10.13.19 by

Royal Oak Towers Downtown Stuart Under Contract

Royal Oak Towers in Downtown Stuart

Unit C-6 in the Royal Oak Towers building at 630 SE Ocean Blvd. is under contract.  Listed for $150,000, this condo was on the market for 25 days prior to going under contract.

Royal Oak Towers in Downtown Stuart

This is an updated light and bright end unit 2 bedroom, 2 bathroom condo that’s only steps away from the Cleveland Clinic Stuart Hospital, Downtown Stuart as well as the Martin County Court House.  This condo has stainless steel appliances as well as granite countertops in the kitchen and impact windows.  Living areas are tiled while the two bedrooms have brand new carpets.

There is ample parking along with a covered carport.  A private community pool and barbecue area are located behind the building.  An additional storage closet is located just outside the unit.  This is a third-floor unit in an elevator building with only two condos per floor.  Two small pets are permitted and the condo board will consider larger sizes on an individual basis.  Pickup trucks OK (no commercial trucks).  Rentals are also permitted with restrictions. There are only 18 condos in Royal Oak Towers and they don’t tend to come on the market very often.

About the Royal Oak Towers Condos in Downtown Stuart:

Royal Oak Towers Condos in Downtown Stuart

One of the best locations in Stuart FL.  This all-ages condominium community is within walking distance of the Martin Memorial Hospital, Martin County Court House, and School Headquarters as well as numerous medical and professional offices as well as the charming historic downtown Stuart area.

Royal Oak Towers in Downtown Stuart

This condominium complex consists of three adjoining buildings with only 18 units in total.  There are only two residences per floor for each building with under building covered parking available for most owners.  All of the condos are 2 bedrooms and 2 bathrooms with a balcony and 1,129 sq. ft. of living area.  There are common laundry areas for each building, though many unit owners have installed washer and dryer units in their condos.

Royal Oak Towers in Downtown Stuart

Amenities include a barbecue area and pool in the back of the complex and a picturesque fountain out front.  There’s also a large sun deck that can be used for year round tanning or for parties.

Royal Oak Towers in Downtown Stuart

The current association fees (July 2019) are $475.00 per month.  These fees include building maintenance, pool, common area charges, trash pickup, painting, roof repair, reserve funds.  All ages are welcome and up to one large pet is allowed.  This is also one of the rare condo associations that allow trucks and motorcycles.

These homes are typically in great demand, so please contact us if you want to be notified when a residence comes up for sale.

Click here to see if any Royal Oak Towers condos are currently available

Royal Oak Towers Downtown Stuart Under Contract

Stuart Florida 34994 Residential Market Report September 2019

10.11.19 by

Stuart Florida 34994 Residential Market Report September 2019

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

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

There are currently 92 active listings (Up by 5 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

29 Residential sales are pending and awaiting close or lender approval (Decreased by 9 homes from last month).

Stuart Florida 34994 Residential Market Report September 2019

12 Homes Sold in September (Increased by 8 homes from August)

Stuart Florida 34994 Residential Market Report September 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded from a pretty weak August with much better activity for September.

The one-month absorption rate for the 34994 zip code for September plunged to 7.7 months from 21.8 months for August.  Moving towards a more balanced market for the 34994 zip code area of Stuart, FL.  I anticipate that this is just a temporary one-month situation.   A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The September 2018 numbers were 72 Active Listings, 16 pending sales, and 17 closed sales.  There was less inventory of available homes for sale last year.  Yet, closed sales were greater.  This year, our pending sales look stronger which should result in greater closed sales in the coming months.

Stuart Florida 34994 Residential Market Report September 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

Click here for previous Stuart Florida 34994 Residential Market Reports

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 September 2019

St Lucie County Townhouses and Condos August 2019 Market Report

10.09.19 by

St Lucie County Townhouses and Condos August 2019 Market Report

The St Lucie County Townhouses and Condos market for August 2019 has now had four consecutive months of activity that is weaker than last year..  Closed sales were down by 29.9% from last year (were down by 6.8% in July). New pending sales were down by 14.4% for August (they were down by 11.3% in July).

Prices were mixed for August.  The median price increased by 4.9% from last year (was down by 10.1% in July) while the average sales price decreased by 23.3% (was up by 4.8% in July).

The inventory of available townhouses and condos decreased by 21 units from last month to 531 units, which is 7.7% greater than August 2018. The current inventory is 5.5 months, as compared to 4.7 months of inventory last year.  The St Lucie County townhouses and condos market remains as 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.

St Lucie County Townhouses and Condos August 2019 Market Report

Click here to view or download the full report

Click here to view past St. Lucie County townhouses and condos market reports

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 August 2019 Market Report

Coral Point Real Estate Market Report October 2019

10.09.19 by

Coral Point Real Estate Market Report October 2019

There are no homes currently on the market in the Coral Point community of Rocky Point in Stuart FL.

There also are no homes currently under contract.

In the past 12 months, no homes have sold in Coral Point.  It appears that all of the homeowners are happy in this lovely community.

Click here to view previous Coral Point market reports.

About Coral Point in Rocky Point:

Coral Point is a small community of only 20 homes located in Rocky Point just off the Manatee Pocket in Stuart FL.  This community had its first home built in 1986 and was mostly finished by 1993, though there have been a few homes with some extensive remodeling and could be considered brand new.

Coral Point in Rocky Point Stuart

There are a number of wide waterfront homes in Coral Point with quick access to the Atlantic Ocean as this community lies only a mile or two from the inlet.  For those, not on the water there’s community day dock and fishing pier with excellent fishing for snook or so the residents inform me.

Coral Point in Rocky Point Stuart

This is an ungated community and there is a community tennis court.  As of this writing (October 2019), the HOA fees are under $500 per year.  This fee may vary slightly as the needs for the community maintenance change.

Coral Point in Rocky Point Stuart

Home sizes range from a 3 bedroom, 2 bath home with under 2,000 sq. ft. of living area up to a 4 bedroom, 4 bathroom home with over 5,000 sq. ft. of living area.  This is a beautiful secluded little community for those wishing to enjoy our Florida lifestyle

Coral Point in Rocky Point Stuart

Children of Coral Point will attend the Port Salerno elementary school, Murray middle and the South Fork high school.

Click here to see any currently available Coral Point Homes for Sale

Search here for all Coral Point homes for sale

Coral Point real estate is presented by Gabe Sanders, Stuart FL real estate

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Coral Point Real Estate Market Report October 2019

St Lucie County Single Family Homes August 2019 Market Report

10.08.19 by

St Lucie County Single Family Homes August 2019 Market Report

For August 2019 in the St Lucie County Single Family Home Market had weaker sales activity when compared to last year, while new pending sales activity increased slightly. Closed sales were down by 1.5% (in July they were up by 7.7%) and new sales under contract (new pending sales) increased by 1.7% (they were up by 11.5% last month).

Prices were up for the month.  The median sales price was up by 4.4% (was up by 5.0% in July).  The average sales price was up by 1.8% (it was up by 7.2% in July).

The number of available home listings decreased by 57 homes to 1,733 homes.  This inventory is still 6.1% higher than last year.  The current supply of homes is 3.7 months (it was 3.6 months last year).  The St Lucie County single-family home market remains in a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes August 2019 Market Report

Click here to view or download the full report

Click here to view previous St. Lucie County single family home market reports

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 August 2019 Market Report

The Estates at Stuart Condos October 2019 Real Estate Market Report

10.08.19 by

The Estates at Stuart Condos October 2019 Real Estate Market Report

For October 2019 there is 1 condo available to purchase in the Estates at Stuart.  The list price is $140,000 which is $180.41 per sq. ft. of living area.

There are also no condos currently under contract.

In the past 12 months, 2 condos have sold in the Estates.  Sales prices were $148,000 and $149,000 for an average sales price of $148,500 or $122.84 per sq. ft. of living area.  These condos averaged 9 days on the market prior to going under contract and sold for an average of 83% of list price.

View previous Estates at Stuart market reports here.

About The Estates at Stuart Condos:

Estates at Stuart Condos

The Estates at Stuart is a newer condo community with 123 units that was originally built as an apartment complex and then converted to condos beginning in 2005.  After the slowdown in the real estate market, a large number of these units were taken back by the developer and continue to be in the in-house rental program.  Currently, with only a very limited number of these condos available for private ownership, there is quite the demand for this community. This demand is based to the first class amenities in this gated community

Estates at Stuart

The amenities include a fully-equipped fitness center, children’s playground, a large resort-style pool with covered lanai, sand volleyball court, tennis court, recreation, and billiards lounge and beautiful landscaping. This is a gated community and only minutes from the historic downtown area of Stuart.  Also, only about 10 minutes to I-95 for those needing to commute either north or south.

Estates at Stuart

Also within easy reach of shopping, restaurants and medical facilities all of which makes for a very much sought after community.

Estates at Stuart Condos

Condos in the Estates at Stuart range from 1 bedroom 1 bathroom units up to 3 bedrooms 2 baths. Living area sizes vary from just under 800 sq. ft. to over 1,500 sq. ft.  Some units come with either attached or detached 1 car garages. This is a dog- and cat-friendly community allowing for up to one medium-sized pet.  The condo association fees vary by size of the unit and whether a garage is included or not.

Estates at Stuart

Click here to see if any Estates at Stuart Condos are available for sale

The Estates of Stuart real estate is presented by Gabe Sanders, Stuart FL real estate

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The Estates at Stuart Condos October 2019 Real Estate Market Report

Martin County Townhouses and Condos August 2019 Market Report

10.07.19 by

Martin County Townhouses and Condos August 2019 Market Report

The Martin County Townhouses and Condos August Market Report had mixed sales activity when compared to last year.  Closed sales for the month were up by 1.2%.  They were down by 4.3% in July.  While new sales under contract (new pending sales) were down by 19.6% from August 2018.  They increased by 14.0% in July.

Prices were down for August.  The median sales price decreased by 11.7% (was up by 3.1% in July) while the average sales price decreased by 19.1% (was down by 10.2% in July).

The inventory of available townhouses and condos increased by 2 units to 360 properties.  This is a 20.4% greater inventory then we had for in August 2018.  Currently, there’s a 3.9 month supply of inventory (compared to 3.0 months for August 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.

Martin County Townhouses and Condos August 2019 Market Report

Click here to view or download the full report

Click here to view past Martin County Townhouses and Condos Market Reports

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 August 2019 Market Report

Waterfront Land with Dock in South Sewalls Point Just Listed

10.07.19 by

Waterfront Land with Dock in South Sewalls Point

Sewalls Point Waterfront Land with Dock

This waterfront land with dock in South Sewalls Point at 36 South Sewalls Point Road was just listed.   The list price is $920,000.

Sewalls Point Waterfront Land with Dock

A stunning waterfront estate-sized lot in the highly desirable South Sewalls Point community with a dock already in place.  This almost 1 acre (.97) lot has 150’ of waterfront and is over 260’ deep.  The width of this lot allows the future owner many additional possibilities for their dream home overlooking the wide waters of the Intracoastal Waterway.  This prestigious location is only a few miles to the wonderful beaches of the Atlantic Ocean in Stuart as well as the quaint historic downtown area of Stuart.  Boaters will enjoy the close proximity to the Saint Lucie Inlet (around 3 miles).  There are numerous mature mossy oaks currently on this parcel and theirs an excellent potential of keeping these trees even after building a home.  This is a wonderful opportunity for that dream waterfront home as well as a potential moneymaker for a builder/investor.

Sewalls Point Waterfront Land with Dock

About Sewalls Point:

Here is what the official site for Sewalls Point has to say about their town:  “Shaded by ancient oaks and surrounded on three sides by the St. Lucie River and the Indian River Lagoon, Sewall’s Point is known for its natural beauty.  Within our borders, you will find excellent shopping, professional offices, and outstanding dining in addition to the beautiful parks, easy access to offshore fishing, and many cultural activities close by. The Town is a designated bird sanctuary and has been a nationally recognized  “Tree City” for over two decades.  Young or old, it is very difficult to find a better place to live, work and play than in Sewall’s Point!”

Sewalls Point Waterfront Land with Dock

More pictures and information

Search for all Sewalls Point vacant land parcels for sale

Stuart Florida real estate from Gabe Sanders, Real Estate of Florida
Call 772-888-2885 for info or assistance

Waterfront Land with Dock in South Sewalls Point

Martin County Single Family Homes August 2019 Market Report

10.04.19 by

Martin County Single Family Homes August 2019 Market Report

The Martin County Single Family Homes August 2019 Market Report showed weaker closed sales activity when compared to last August.  Closed sales were down by 4.3% (were down by 9.2% in July).  While new pending sales decreased by 2.9% as compared to August 2018 (they increased by 7.5% in July).

Price changes were mixed for August.  The median sales price was up by 2.5% from last year (up by 3.2% in July) while the average sales price decreased by 12.5% (was up by 8.1% last month).

The inventory of available single-family homes decreased from last month by 15 homes to 947 units for August,  this is a 5.2% greater inventory than last August.  The current supply of homes is 4.9 months.  For August 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.

Martin County Single Family Homes August 2019 Market Report

Click here to view or download the full report

Click here to view the previous Martin County single-family homes market reports

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 August 2019 Market Report

10.03.19 by

Florida Townhouses and Condos August 2019 Market Report

The August Florida Townhouses and Condos Market Report had a slightly less active month for sales when compared to last August.  Closed sales were down by 2.9% as compared to last month’s increase of 4.3% and new sales under contract (new pending sales) decreased by 1.4% (In July there was a 3.3% increase).

Prices, though, were up for August.  The median sales price was up by 2.7% (was up by 4.4% in July), while the average sales price increased by 3.1% (was up 4.1% in July).

The inventory of active listings increased by 0.5% from August of last year.  We now have 5.4 months of inventory as compared to 5.3 months for August 2018.  Remaining in a 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.

Florida Townhouses and Condos August 2019 Market Report

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 August 2019 Market Report

View previous Florida townhouses and condo market reports by clicking this link.

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 Single Family Homes August 2019 Market Report

10.02.19 by

Florida Single Family Homes August 2019 Market Report

The Florida Single Family Home sales showed improved activity from the same period last year, though.  The closed sales were up by 3.2% (were down by 10.4% in July) and new sales under contract (new pending sales) were up by 1.3% (were up by 7.4% in July).

Prices were also up for August.  The median sales price rose by 4.2% (it was up by 5.1% in July) and the average sales price was up by 3.2% (it was up by 6.3% last month).

The inventory of available homes for sale decreased by 5.1% from last year.  This is a 3.6 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (August 2018 also had a 4.0 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.

Florida Single Family Homes August 2019 Market Report

Click here to view or download the full report:
Florida Single Family Homes August 2019 Market Report

Click here to view the previous Florida single-family homes market reports.

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.

Hobe Sound FL 33455 Condo Market Report August 2019

10.01.19 by

Hobe Sound FL 33455 Condo Market Report August 2019

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

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

There are currently 9 active condo listings. (Down by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2019

6 Condos are pending and awaiting close. (Up by 1 condo from July)

Hobe Sound FL 33455 Condo Market Report August 2019

5 Condos sold in August. (Up by 2 condos from July)

Hobe Sound FL 33455 Condo Market Report August 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  It is difficult to track such small numbers though this market remains quite active.

The absorption rate for Hobe Sound condos was 1.8 months for August (it was 3.3 months for July).  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 August 2018 numbers were: 4 active listings, 4 pending sales, and 4 closed sales.  It’s difficult to make meaningful comparisons with last year when there’s such a small sampling of condos in Hobe Sound.   Though, there was some increased activity this year.

Hobe Sound FL 33455 Condo Market Report August 2019

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

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

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

Hobe Sound FL 33455 Condo Market Report August 2019

Gabe’s October 2019 House Calls Real Estate Newsletter

10.01.19 by

Gabe’s October 2019 House Calls Real Estate Newsletter

Click on the image below to view or download Gabe’s October 2019 House Calls Real Estate Newsletter:

Gabe's October 2019 House Calls Real Estate Newsletter

Click here to download the full interactive PDF of our October 2019 House Calls Newsletter

You can see all the past issues here:

House Calls Archive

Previous House Calls Posts

Search here for Stuart Florida Real estate

Gabe’s October 2019 House Calls Real Estate Newsletter

Hobe Sound FL 33455 Residential Market Report August 2019

09.30.19 by

Hobe Sound FL 33455 Residential Market Report August 2019

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for August 2019

There are currently 190 active listings. (Down by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2019

67 Residential sales are pending and awaiting close  (Down by 9 homes from July)

Hobe Sound FL 33455 Residential Market Report August 2019

47 Homes Sold in August (Up by 9 homes from last month)

Hobe Sound FL 33455 Residential Market Report August 2019

The Hobe Sound Florida Market Report ZIP Code 33455 continues to be a strong and active residential real estate market even though the activity has moderated a bit in the past two months.

The current absorption rate for the Hobe Sound residential market dropped to 4.0 months (It was 5.1 months in July).  Remaining as a strong seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for August 2018 were: 172 active listings, 81 pending sales, and 37 closed sales.  A better number of closed sales this year while pending sales were stronger last year on a reduced number of homes for sale.

Hobe Sound FL 33455 Residential Market Report August 2019

Click here to view the previous Hobe Sound condo market reports

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

Stuart 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.

Hobe Sound FL 33455 Residential Market Report August 2019