Hobe Sound FL 33455 Condo Market Report February 2019

04.03.19 by

Hobe Sound FL 33455 Condo Market Report February 2019

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

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

There are currently only 2 active condo listings. (Up by 1 condo from January)

Hobe Sound FL 33455 Condo Market Report February 2019

2 Condos are pending and awaiting close. (Down by 1 condo from January)

Hobe Sound FL 33455 Condo Market Report February 2019

1 Condos sold in February. (Down by 3 condos from January)

Hobe Sound FL 33455 Condo Market Report February 2019

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  The inventory of available condos has once again reached very small levels and this will impact future condo market activity in Hobe Sound.  Yet, even with such little inventory, these condos are selling well.

The absorption rate for Hobe Sound condos was 2 months for February as compared to 0.3 months in January).  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 February 2018 numbers were: 10 active listings, 4 pending sales, and 1 closed sale.  Considerably better activity last year, along with a greater number of condos available for sale.

Hobe Sound FL 33455 Condo Market Report February 2019

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Hobe Sound FL 33455 Condo Market Report February 2019

Hobe Sound FL 33455 Residential Market Report February 2019

04.02.19 by

Hobe Sound FL 33455 Residential Market Report February 2019

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

  For February 2019 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 256 active listings. (Up by 10 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2019

66 Residential sales are pending and awaiting close  (Up by 3 homes from January)

Hobe Sound FL 33455 Residential Market Report February 2019

39 Homes Sold in February (Up by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report February 2019

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice increase in closed sales after a weak January.  Though the inventory is increasing and sales appear not to be keeping pace with them at this time.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.6 months (It was 9.5 months in January).  Returning into a balanced market for Hobe Sound residential real estate after one month as a buyer’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 February 2018 were:  207 active listings, 80 pending sales, and 41 closed sales.  Slightly better sales activity last year, but also with a reduced number of homes for sale as compared to now.  With, that considered much better activity last year.

Hobe Sound FL 33455 Residential Market Report February 2019

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Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound FL 33455 Residential Market Report February 2019

Jensen Beach FL 34957 Residential Market Report February 2019

03.27.19 by

Jensen Beach FL 34957 Residential Market Report February 2019

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

 For February 2019 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 251 active listings. (Up by 30 home from last month)

Jensen Beach FL 34957 Residential Market Report February 2019

55 Residential sales are pending and awaiting close or lender approval. (Increased by 1 home from January)

Jensen Beach FL 34957 Residential Market Report February 2019

29 Homes Sold (Decreased by 3 homes from January)

Jensen Beach FL 34957 Residential Market Report February 2019

The Jensen Beach FL 34957 Residential Market has shown increasing inventory and increasing sales, though the pace of sales is not keeping up with the increasing number of homes for sale.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 8.7 months ( was 8.5 months in January).  Remaining in a buyer’s market for Jensen Beach homes.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The February 2018 numbers were: 193 active listings, 74 pending sales, and 40 home sales closed.  Much better sales activity last year.  Inventory has grown appreciably and sales are not keeping up.
Jensen Beach FL 34957 Residential Market Report February 2019
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Jensen Beach FL 34957 Residential Market Report February 2019

The Pines and Windemere Real estate Market Update March 2019

03.25.19 by

The Pines and Windemere Real estate Market Update March 2019

There are currently 14 homes for sale in the Pines and Windemere in Jensen Beach FL.  Prices range from a low of $298,000 up to $465,000.  This is an average list price of $389,007 which is equal to $192.40 per sq. ft. of living area.

Four homes are under contract awaiting settlement.  List prices range from a low of $289,000 up to $424,900.  This works out to an average list price of $348,450 or $169.20 per sq. ft. of living area.  These homes averaged 73 days on the market before going under contract.

In the past 12 months, 35 homes have sold in the Pines and Windemere.  Sales prices ranged from a low of $274,000 up to a high of $500,000. This equals an average sales price of $361,380 which equates to $176.41 per sq. ft. of living area.  These homes were on the market for an average of 73 days before going under contract and sold for 96% of list price.

About the Pines and Windemere in Jensen Beach FL:

the Pines and Windemere

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 The Pines and Windemere Real estate Market Update March 2019 is so desirable.

The Pines and Windemere in Jensen Beach FL

Some residents have stated “sending our children to Felix A. Williams is like having a private school in our own backyard.”  And as far as Jensen Beach High School: “Our Kids can walk to the new High School”.

In addition to the best schools, The Pines is located just a little over 2 miles from the beautiful unspoiled beaches of Hutchinson Island, a fantastic public golf course (Eagle Marsh) 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.”

The Pines and Windemere in Jensen Beach FL

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.”

the Pines and Windemere

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

Neither the Pines or Windemere offers the amenities of a community pool or clubhouse which keeps the HOA fees quite low at $55.00 and $60.00 a month respectively.

 The Pines and Windemere in Jensen Beach FL

When these developments were planned the original intent was to combine the two for ease of access.  However, the County decided to nix these plans as they felt that out of area residents would use Windemere Drive as a shortcut between US-1 and Jensen Beach and making a lot of congestion in this community.

For any questions you may have about The Pines and Windemere Real estate Market Update March 2019, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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The Pines and Windemere Real estate Market Update March 2019

Palm City FL 34990 Residential Market Report February 2019

03.21.19 by

Palm City FL 34990 Residential Market Report February 2019

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

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

 There are currently 402 active listings (Up by 11 homes from January)

Palm City FL 34990 Residential Market Report February 2019

147 Residential sales are pending (Up by 26 homes from last month)

Palm City FL 34990 Residential Market Report February 2019

52 Homes Sold in September (Ip by 5 homes from January)

Palm City FL 34990 Residential Market Report February 2019

The Palm City FL, zip code 34990 residential real estate market showed strong results for February with solid increases in both pending and closed sales.
The monthly absorption rate decreased to 7.7 months from 8.3 months in January.  Remaining in a buyer’s market for the Palm City zip code 34990 area for residential sales but drifting towards 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 February 2018 numbers were:  415 active listings, 144 pending sales, and 55 closed sales.  Very similar activity and inventory as last year.

Palm City FL 34990 Residential Market Report February 2019

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 Search here for Palm City Florida Real Estate for Sale:

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Palm City FL 34990 Residential Market Report February 2019

Banyan House Condos Stuart FL March 2019 Market Report

03.21.19 by

Banyan House Condos Stuart FL March 2019 Market Report

There is currently 1 condo for sale in the Banyan House condos in Stuart FL.  This condo is listed for $189,900 which is $138.61 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, only 2 condos have sold in the Banyan House.  The sales prices were $121,000 and $184,900.  This is an average sale price of $152,950 or $111.64 per sq. ft. of living area.  These condos averaged 29 days on the market before going under contract and they sold for an average of 100% of list price.

About the Banyan House Condos in Stuart FL:

Banyan House Condos in Stuart FL

Located on Saint Lucie Blvd in Stuart, FL, these condos are close to the Martin County Community Golf Club as well as the beaches and downtown Stuart.  This complex was completed in 1980 and consists of 64 2 bedroom, 2 bathroom condos on either the first or second floor of these 4 identical 2 story buildings.

Banyan House Condos in Stuart FL

The Banyan House complex residents enjoy a heated pool and 2 tennis courts and a clubhouse as their amenities.  All ages are welcome and up to 1 medium sized pet is also allowed.   Rentals are also allowed with some restrictions.  For 2018, the association fees are $427 per month.  These fees include basic cable TV, landscape service, building insurance and maintenance, water and sewer, trash pickup, reserves and management services.

Banyan House Condos in Stuart FL

Children living in Banyan House currently attend the JD Parker elementary school, Stuart middle school and the Jensen Beach high school.

Banyan House Condos in Stuart FL

These Banyan House condos are much sought after because of their excellent location as well as being such a well-run and well-managed community.  Condos tend to sell very quickly when they come on the market.  Those interested in a Banyan House condo should contact us and be set up on a new listing notifier for this Stuart community.

Search here for any current listings in the Banyan House Condo Complex.

Banyan House Condos Stuart FL March 2019 Market Report

Stuart Florida 34994 Residential Market Report February 2019

03.19.19 by

Stuart Florida 34994 Residential Market Report February 2019

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

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

There are currently 93 active listings (Up by 2 homes from January)

Stuart Florida 34994 Residential Market Report February 2019

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

Stuart Florida 34994 Residential Market Report February 2019

14 Homes Sold in May (Increased by 6 homes from January)

Stuart Florida 34994 Residential Market Report February 2019

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had increases in sales and pending sales as well as the number of homes available to purchase.

The one-month absorption rate for the 34994 zip code for January jumped up to 6.6 months from 11.8 months for January.  Transitioning into a balanced market t for the 34994 zip code area of Stuart, FL after one month as a buyer’s market.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The February 2018 numbers were 81 Active Listings, 41 pending sales, and 13 closed sales.  Very similar activity when compared to last year but with a larger inventory of homes for sale this year.

Stuart Florida 34994 Residential Market Report February 2019

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Stuart, FL Real Estate

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Stuart Florida 34994 Residential Real Estate Market Report February 2019

St Lucie County Townhouses and Condos January 2019 Market Report

03.16.19 by

St Lucie County Townhouses and Condos January 2019 Market Report

The St Lucie County Townhouses and Condos January 2019 Market Report had an unexpectedly large jump in closed sales while new pending sales were off.  Closed sales were up by 45.6% from last year (was down by 22.0% in December) while new pending sales were down by 12.7% for January (they were unchanged in December).

Prices were mixed for the month.  The median price increased by 19.4% from last year (was down by 22.4% in December) while the average sales price decreased by 4.0% (was down by 6.9% in December).

The inventory of available townhouses and condos increased by 43 units from last month to 597 units, which is 5.1% greater than January 2018. The current inventory is 5.7 months, which is the same as the 5.7 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced 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 January 2019 Market Report

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

St Lucie County Single Family Homes January 2019 Market Report

03.15.19 by

St Lucie County Single Family Homes January 2019 Market Report

St Lucie County Single Family Homes January 2019 Market Report had weaker sales activity when compared to last year. Closed sales were down by 11.8% (in December they were down by 17.2%) and new sales under contract (new pending sales) decreased by 4.6% (they were down by 7.2% last month).

Prices. though, continued to rise, though at a more sustainable pace.  The median sales price was up by 5.4% (was up by 5.5% in December).  The average sales price was up by 5.0% (it was down by 6.6% in December).

The number of available home listings increased by 259 homes to 2,174 homes.  This inventory is 24.4% higher than last year.  The current supply of homes is 4.8 months (it was 3.8 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes January 2019 Market Report

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

Sugar Hill Jensen Beach March 2019 Market Report

03.15.19 by

Sugar Hill Jensen Beach March 2019 Market Report

As of March 2019, there are 5 homes on the market in Sugar Hill in Jensen Beach, FL.  These homes are listed from $499,900 up to $1,295,888.  This is an average list price of $718,738 which equals 207.08 per sq. ft. of living area.

There is 1 Sugar Hill home under contract and awaiting settlement.  The list price was $475,000 or $189.85 per sq. ft. of living area.  This home was only on the market for 2 days before going under contract.

There have been 4 homes sold in the past 12 months in Sugar Hill.  Sales prices ranged from $389,000 up to $630,000.  This works out to an average sales price of $488,625 which is $182.08 per sq. ft. of living area.  Sales averaged 97% of list price and averaged 57 days on market prior to going under contract.

About Sugar Hill in Jensen Beach Florida:

Sugar Hill in Jensen Beach Florida

Sugar Hill in Jensen Beach is an eye-pleasing high elevation neighborhood filled with upscale homes in Jensen Beach. All homes have very spacious yards that are surrounded by gorgeous Florida foliage. Most homes are timeless architectural works of beauty! Houses range from 2 to 5 bedrooms and 2 to 5 bathrooms, so whatever size you are looking for, Sugarhill is sure to have it. The neighborhood is located just minutes from all that Jensen Beach has to offer, like the beautiful stretches of beach on Hutchinson Island, the fantastic shopping at the Treasure Coast Square Mall, many restaurants you are sure to love, and our ‘A’ rated schools for all grade levels!

Sugar Hill in Jensen Beach FloridaSugarhill has very reasonable HOA fees of only $500.00 per year.

Sugar Hill in Jensen Beach Florida

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Sugar Hill in Jensen Beach Florida

Here are the currently available homes in Sugar Hill in Jensen Beach

For any questions you may have about March 2019 Market Report for Sugar Hill in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

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Sugar Hill Jensen Beach March 2019 Market Report

Martin County Townhouses and Condos January 2019 Market Report

03.14.19 by

Martin County Townhouses and Condos January 2019 Market Report

Martin County Townhouses and Condos January 2019 Market Report had another month of weaker sales activity when compared to last year.  Closed sales for the month were down by 10.0% (were down by 8.8% in December) while new sales under contract (new pending sales) were down by 16.0% from January 2018 (decreased by 13.0% in December).

Prices were up sharply for January.  The median sales price increased by 17.6% (was up by 9.3% in December) while the average sales price increased by 18.4% (was down by 5.7% in December) as compared to January of 2018.

The inventory of available townhouses and condos decreased by 53 units to 404 properties as compared to last month.  This is 2.9% less inventory then the January 2018 data.  Currently, there’s a 4.1 month supply of inventory (compared to 4.2 months for January 2018).  Remaining in a strong 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.

https://www.gabesanders.com/site_data/gabesanders/editor_assets/Market_Data/Martin_County_Townhouses_and_Condos_2019-01_Detail.pdf

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

Martin County Single Family Homes January 2019 Market Report

03.13.19 by

Martin County Single Family Homes January 2019 Market Report

The Martin County Single Family Homes January 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 18.4% (were down by 9.4% in December).  While new pending sales increased by 7.3% as compared to January 2018 (Decreased by 21.8% in December).

However, prices continued their upward march for January.  The median sales price was up by 10.8% from last year (up by 13.8% in December) while the average sales price also increased by 49.3% (was up by 13.8% last month).

The inventory of available single-family homes increased from last month by 154 homes to 1130 units for January,  this is 9.4% greater than last January.  The current supply of homes is 5.7 months, for January of last year, it was 5.0 months supply.  We’re still in a seller’s market for Martin County single-family home sales, though very close to a balanced market.  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 January 2019 Market Report

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

Florida Townhouses and Condos January 2019 Market Report

03.12.19 by

Florida Townhouses and Condos January 2019 Market Report

The Florida Townhouses and Condos Market Report for January 2019 had weaker sales activity when compared to last January.  Closed sales were down by 10.9% as compared to last month’s decrease of 11.4% and new sales under contract (new pending sales) decreased by 10.3% (In December there was a 12.6% decrease).

Prices, however, continue to rise for January though at a much more reasonable pace than most of last year.  Median sales prices were up by 2.8% (was up by 2.8% in December), while the average sales price increased by 1.3% (was up 0.8% in December).

The inventory of active listings increased by 10.1% from January of last year.  We now have 6.3 months of inventory as compared to 5.9 months for January 2018.  Now in a balanced 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 January 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 January 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 January 2019 Market Report

Westwood Country Estates Palm City March 2019 Market Report

03.12.19 by

Westwood Country Estates Palm City March 2019 Market Report

As of March 2019, there is one home available to purchase in Westwood Country Estates in Palm City, FL.  The list price is $685,000 or $186.04 per sq. ft. of living area.

There are no homes currently under contract (pending sale).

There has been only 1 home sold in the past 12 months in Westwood Country Estates.  The sales price was $440,000 which is equal to $184.72 per sq. ft. of living area.  This sales was for 98% of list price and went under contract after being on the market for 56 days.

About Westwood Country Estates in Palm City Florida:

Westwood Country Estates in Palm City Florida

Westwood Country Estates is a wide open, gorgeous community that features statuesque homes that are beautifully placed on oversized lots of 1/2 acre or more, that will give you and your family plenty of room to grow!  Wonderfully landscaped throughout, Westwood Country Estates will make you feel proud to come home to.  Every home is unique and there is sure to be one you will fall in love with!

Westwood Country Estates

There are only 77 homes in Westwood Country Estates in Palm City Florida.  Homeowner association fees are a very reasonable $375 per year.

Westwood Country Estates in Palm City Florida

Palm City is a great place to raise a family with its “A” rated schools and proximity to I-95 and Florida’s Turnpike which opens you to all the opportunities of both Martin County and it’s neighbors, just a short drive North or South!  Martin County has lots of recreational areas and opportunities to enjoy many opportunities outdoors with your family!

Westwood Country Estates in Palm City Florida

Westwood Country Estates Homes for Sale

Westwood Country Estates Palm City March 2019 Market Report

Florida Single Family Homes January 2019 Market Report

03.11.19 by

Florida Single Family Homes January 2019 Market Report

The Florida Single Family Homes Market Report for January 2019 had weaker sales activity when compared to last year.  The closed sales were down by 6.2% (were down by 9.9% in December) and new sales under contract (new pending sales) were down by 2.4% (was down by 9.0% in December).

Prices, though, continue to rise for January, though at a slower rate.  The median and average sales prices up by 4.1% and 1.8% respectively, compared to December’s 4.2% and 3.3%.

The inventory of available homes for sale increased by 13.8% from last year.  This is now a 4.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (January of 2017 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.

Florida Single Family Homes January 2019 Market Report

Click here to view or download the full report:

Florida Single Family Homes January 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.

January 2019 Florida Single Family Homes Market Report

Moon River Jensen Beach March 2019 Market Report

03.11.19 by

Moon River Jensen Beach March 2019 Market Report

For March 2019, there is one home for sale in Moon River on Hutchinson Island in Jensen Beach FL.  This home is listed for $489,000 or $202.82 per sq. ft. of living area.

There are no Moon River homes currently pending (under contract).

There has been only 1 home sale in the past 12 months in Moon River.  The sales price was $297,000 which equals $217.74 per sq. ft. of living area and this home sold for 101% of list price.  This home was on the market for only 11 days before going under contract.

About Moon River in Jensen Beach Florida:

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River on Hutchinson Island in Jensen Beach
Home sizes range from 3 Bedroom, 3 bathroom two story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River on Hutchinson Island in Jensen Beach
This is a pet-friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River on Hutchinson Island in Jensen BeachMoon River is an excellent choice for both full-time residents and for those wishing to have their winter oasis away from the cold north.

Moon River on Hutchinson Island in Jensen Beach

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School, and Jensen Beach High School

Here are the currently available homes in Moon River in Jensen Beach

 For any questions you may have about March 2019 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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Moon River Jensen Beach March 2019 Market Report

Lake Grove March 2019 Market Report

03.10.19 by

Lake Grove March 2019 Market Report

There is only one home currently for sale in Lake Grove of Palm City, FL.  The list price is $674,900 or $181.42 per sq. ft. of living area.

There are no homes currently under contract in Lake Grove.

In the past 12 months, 3 homes have sold in Lake Grove. Sale prices ranged from $505,000 up to $565,000.  This is an average sale price of $538,333 which equals $180.96 per sq. ft. of living area.  These homes averaged 168 days on the market prior to accepting their offers and sold for an average of 96% of the list price.

About Lake Grove in Palm City FL:

Lake Grove in Palm City Florida

Located south on Mapp Road in Palm City is the community of Lake Grove which is comprised of 64 homes built around a square shaped lake.  Lake Grove lies in a lovely private location will all home sites on at least ½ acre of land.Lake Grove in Palm CityHomes range in sizes from over 4,500 sq. ft. of living space with 5 bedrooms, 4 baths and a three car garage down to just over 2,000 sq. ft. homes with 3 bedrooms and two bathrooms and 2 car garages.  As of March 2019, the Lake Grove HOA fees are a very reasonable $275 per quarter.

Lake Grove in Palm City FloridaThe common areas include two tennis courts, landscaped common areas and a fishing dock on the lake.  There’s also a dedicated trailer/RV/boat parking lot for residents.

Lake Grove in Palm City

Lake Grove children attend ‘A’ rated Martin County Schools and are currently zoned for the Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.  (To search for homes within Martin County school districts visit my school search pages here.)

Lake Grove in Palm City Florida

Click here to see the currently available Lake Grove Homes for Sale

Search for Martin County Real Estate

If you like the Lake Grove community, you may also have an interest in its sister community: Orchid Bay.

Click here for the current Orchid Bay Homes for Sale

Lake Grove March 2019 Market Report

St Lucie County Townhouse and Condo Sales 2018 Yearly Review

03.04.19 by

St Lucie County Townhouse and Condo Sales 2018 Yearly Review

For the St Lucie County Townhouse and Condo Sales 2018 Yearly Review had mixed sales activity when compared to 2017.  Year to year closed sales were up by 1.1% as compared to 2017 which saw an increase of 5.4% and new sales under contract (new pending sales) decreased by 1.7% (2017 saw an increase of 6.0%).

St Lucie County Townhouse and Condo Sales 2018 Yearly Review

Both median and average sales prices increased (year to year) by 4.0% and 6.3% respectively (2017 numbers were 18.9% and 13.0%).  Prices continue to rise though at a slower rate than in the past few years.

Inventory increased by 7.4% as compared to 2017’s increase of 5.7%. While the supply of inventory increased to 5.4 months as compared to 5.1 months for 2017.  Still a seller’s market for Saint Lucie County townhouses and condos but approaching a balanced one.

 To view the full report click on the graphic above or the link below:
St Lucie County Townhouse and Condo Sales 2018 Yearly Review

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 Townhouse and Condo Sales 2018 Yearly Review

St Lucie County Single Family Home Sales 2018 Yearly Review

03.03.19 by

St Lucie County Single Family Home Sales 2018 Yearly Review

The St Lucie County Single Family Home Sales 2018 Yearly Review as reported by Florida Realtors indicates that Saint Lucie County had weaker market activity for single family homes throughout the year of 2018 when compared to last year.   Year to year closed sales were down by 0.6% (were up by 4.3% in 2017) and new sales under contract (new pending sales) decreased by 1.5% (were up by 0.8% in 2017).

St Lucie County Single Family Home Sales 2018 Yearly Review

Both median and average sales prices were up (2017 to 2018) by 7.3% and 7.1% respectively.   Showing strong gains in value, but not quite as much as in the last few years.  These numbers were 13.9% and 10.6% respectively in 2017.

The inventory of available homes for sale decreased by 20.8% from 2017 (When there was an 8.5% increase).  While the supply of homes increased to 4.2 months from 3.4 months for 2017.  Still in a strong seller’s market for Saint Lucie County.

To view the full report click on the graphic above or the link below:
St Lucie County Single Family Home Sales 2018 Yearly Review

To view the complete 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 Home Sales 2018 Yearly Review

de la Bahia Waterfront Condos March 2019 Market Report

03.03.19 by

de la Bahia Waterfront Condos March 2019 Market Report

For March 2019 there are 10 condos available for sale in de la Bahia.  These condos range in price from $106,500 up to $199,900.  This is an average list price of $152,040 which equals $178.00 per sq. ft. of living area.

There is 1 condo currently under contract.  The list price was $119,900 or $175.04 per sq. ft. of living area.  This condo was on the market for 11 days prior to going under contract.

In the last 12 months, 16 condos have sold.  Sales prices ranged from $95,000 up to $201,300.  The average sales price was $131,331 which works out to $152.14 per sq. ft. of living area.  These condos sold for an average of 93% of list price and went under contract in an average of 70 days on market.

About the de la Bahia Waterfront Condos:

de la Bahia Waterfront Condos

The de la Bahia condo complex is located on Kanner Hwy just west of Monterey Road in Stuart which is in Martin County, Florida. This waterfront 55+ boating community lies on the shore of the south fork of the Saint Lucie River which also becomes the Okeechobee Waterway as it goes west.

de la Bahia Waterfront Condos

The condos consist of 1 bedroom 1 and 1/2 bath, 2 bedroom 1 and 1/2 bath and 2 bedroom 2 bath condos.  Condo fees run from $223 to $340 per month depending on the size of the condo.  These fees include Cable, Common Areas, Grounds / Plants, Insurance-Bldg, Lawn Care, Maintenance Exterior, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

de la Bahia Waterfront Condos

This prime location is approximately 40 minutes North of West Palm Beach, and 100 miles north of Miami. Very conveniently located near many restaurants, stores, and medical facilities.

de la Bahia Waterfront Condos

The de la Bahia condominium complex is made up of 303 attractive and desirable residences.  231 docks, a pool, a clubhouse, shuffleboard courts, and a yacht club for the residents. The very desirable marina is for the use of residents only and most condos have a deeded dock.  Rental charges for the use of docks are not allowed, so there won’t be any additional charges for those wishing to use another owner’s dock.

de la Bahia Waterfront Condos

There’s a very active winter season, which normally includes two dinner dances a month, golf and bowling leagues, bingo, euchre, bridge, exercise class, knitting & stitching. The pool is heated and is a great place to meet people, swim, sunbathe, or even join in playing a board game of your choice. And the library has a good selection of books to read if you prefer to enjoy a quiet peaceful afternoon.

The Yacht Club has monthly meetings with a guest speaker, raft-ups, picnics, luncheon cruises, gambling cruises, and two socials.  In the past few years the association has sponsored a 3 to 5 day cruise in January. Membership is open to de la Bahia renters and owners only, boat ownership is not required and dues are very reasonable.

Click here to see the available condos for sale in de la Bahia

de la Bahia Waterfront Condos March 2019 Market Report