Martin County Townhouses and Condos December 2018 Market Report

02.01.19 by

Martin County Townhouses and Condos December 2018 Market Report

Martin County Townhouses and Condos December 2018 Market Report had a second month of weaker sales activity when compared to last year.  Closed sales for the month were down by 8.8% (were down by 21.2% in November) while new sales under contract (new pending sales) were down by 13.0% from December 2017 (increased by 2.4% in November).

Prices were mixed for December.  The median sales price increased by 9.3% (was up by 2.5% in November) while the average sales price decreased by 5.7% (was up by 2.2% in November) as compared to December of 2017.

The inventory of available townhouses and condos decreased by 2 units to 351 properties as compared to last month.  This is 11.4% less inventory then the December 2017 data.  Currently, there’s a 3.5 month supply of inventory (compared to 4.0 months for December 2017).  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.

Martin County Townhouses and Condos December 2018 Market Report

Click here to view or download the full report:
Martin County Townhouses and Condos December 2018 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 December 2018 Market Report

Martin County Single Family Homes December 2018 Market Report

01.31.19 by

Martin County Single Family Homes December 2018 Market Report

The Martin County Single Family Homes December 2018 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 9.4% (were down by 23.0% in November).  While new pending sales decreased by 21.8% as compared to December 2017 (Decreased by 13.1% in November).

However, prices continued their upward march for December.  The median sales price was up by 13.8% from last year (up by 11.3% in November) while the average sales price also increased by 13.8% (was down by 5.6% last month).

The inventory of available single-family homes decreased from last month by 32 homes to 976 units for December,  this is 2.1% greater than last December.  The current supply of homes is 4.7 months, for December of last year, it was also a 4.5 months supply.  We’re still 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 December 2018 Market Report

Click here to view or download the full report:
Martin County Single Family Homes December 2018 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 December 2018 Market Report

Martin Downs Country Club January 2019 Market Report

01.31.19 by

Martin Downs Country Club January 2019 Market Report

For January 2019, there are 21 active listings in the Martin Downs Country Club.  List prices range from $189,900 up to $749,900.  This is an average list price of $403,699 which works out to $153.44 per sq. ft. of living area.

There are 7 homes currently under contract.  List prices range from $259,900 up to $774,740.  This works out to an average list price of $421,077 which equals $167.37 per sq. ft. of living area. These homes averaged 51 days on market before going under contract.

In the past 12 months, 80 properties have sold in the Martin Downs Country Club.  Sales prices ranged from $135,000 up to $675,000.  This equals an average sales price of $295,088 or $141.83 per sq. ft. of living area.  These homes averaged 50 days on market before going under contract and sold for 96% of list price.

Martin Downs Country Club

About the Martin Downs Country Club:

 The Martin Downs Country Club in Palm City is a gated community comprising of a number of different sub-communities all anchored by the two 2 championship 18 hole golf courses.  Very well located just minutes from Florida’s Turnpike and I-95, this community is a dream for the commuter.

Martin Downs Country Club Martin Downs Country Club

Located in Palm City, FL, this is a prime area to reside in, with many recreational areas and boat ramps to enjoy a great day on the water. If you are looking for a gorgeous community that has luxury amenities and is close to everything that Martin County has to offer, your search is sure to end here!

Martin Downs encompasses a wide array of home styles ranging from estate homes to condominiums.  Some of the communities within the Martin Downs Country Club include the Crane Creek Country Club and Crane Creek Racquet Club, Eagle Lake, Egret Pond, Heronwood, Ibis Point, Mallard Creek, Osprey Creek, Quail Meadow, Starling Court and the Clubhouse Court Condos.

HOA fees and pet restrictions vary by community.  For more information on Martin Downs homes and/or condos click on the individual neighborhood links above or feel free to contact us.

Search here for all Martin Downs Real Estate for Sale

Martin Downs Country Club January 2019 Market Report

Florida Townhouses and Condos December 2018 Market Report

01.30.19 by

Florida Townhouses and Condos December 2018 Market Report

The Florida Townhouses and Condos Market Report for December 2018 had weaker sales activity when compared to last December.  Closed sales were down by 11.4% as compared to last month’s increase of 4.9% and new sales under contract (new pending sales) decreased by 12.6% (In November there was a 9.6% decrease).

Prices, however, continue to rise for December though not as much as they were in the earlier months of the year.  Median sales prices were up by 2.8% (was up by 5.1% in November), while the average sales price increased by 0.8% (was up 7.9% in November).

The inventory of active listings increased by 8.0% from December of last year.  We now have 5.7 months of inventory as compared to 5.6 months for December 2017.  We remain in a seller’s market for Florida townhouse and condo sales, though 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.

Florida Townhouses and Condos December 2018 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 December 2018 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 December 2018 Market Report

Oceana Oceanfront and North Condos January 2019 Market Report

01.30.19 by

Oceana Oceanfront and North Condos January 2019 Market Report

For January 2019 there are 2 condos for sale in Oceana (I and II aka Oceana Oceanfront) in Jensen Beach FL on Hutchinson Island.  List prices are $219,000 and $305,000.  This is an average list price of $262,000 which equals $256.11 per sq. ft. of living space.

There are 3 condos currently under contract.  List prices ranged from a low of $289,000 up to a high of $298,000.  This works out to an average list price of $292,300 which equals $285.73 per sq. ft. of living space.  These condos averaged 101 days on the market before going under contract.

In the past 12 months, 26 condos have sold.  Sales prices ranged from $171,000 up to $424,000.  This equals an average sales price of $283,519 which works out to $268.17 per sq. ft. of living space.  These condos sold for an average of 95% of list price and averaged 102 days on the market before going under contract.

About the Oceana Oceanfront and North Condos:

Oceana North and Oceanfront Condos in Jensen Beach

The Oceana North Condos are also known as Oceana Oceanfront and are located at 9900 and 9940 S Ocean Drive in Jensen Beach FL on Hutchinson Island in Saint Lucie County.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Oceana I was built in 1975 and is a 12 story building with 125 condos, while Oceana II was completed in 1980 with 16 stories and 160 units.  Oceana II has two penthouse units with 3 bedrooms and 3 baths with a spacious 2,092 sq. ft. of living area.  Also in building II, there are a few 2 bedroom 3 bath condos with 1,421 sq. ft.  The remaining condos in both Oceana I and II are either 2 bedroom, 2 bath residences with 1,129 or 1,023 sq. ft. and some 1 bedroom, 2 bath condos with 899 sq. ft.

There are two pools and private beach access, along with BBQ grilling areas as well as gated entries and vehicle was areas.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Both buildings share a large clubhouse with fitness and game room, kitchen and bar and a large social area.  1 small pet is allowed as well as rentals with a 3-month minimum lease restriction.  There are four tennis courts directly across the street as well as 2 RV/Boat parking areas.  Trucks are also allowed.

Oceana North and Oceanfront Condos in Jensen Beach Oceana North and Oceanfront Condos in Jensen Beach

Condo fees range from $425 to $590 per month depending on the size and location of the condo.  These fees cover Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Janitor, Laundry Facilities, Lawn Care, Manager, Parking, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Security, Signs, Trash Removal and Water.

Oceana North Condos in Jensen Beach

Click on this link to search for available Oceana North 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 Oceanfront – Oceana South – Ocean Towers – Oceanrise  – Ocean Bay Villas – Princess –  Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Oceana Oceanfront and North Condos January 2019 Market Report

Florida Single Family Homes December 2018 Market Report

01.29.19 by

Florida Single Family Homes December 2018 Market Report

The Florida Single Family Homes Market Report for December 2018 had weaker sales activity when compared to last year.  The closed sales result was down by 9.9% (was up by 3.0% in November) and new sales under contract (new pending sales) was down by 9.0% (was down by 8.0% in November).

Prices, though, continue to rise for December.  The median and average sales prices up by 4.2% and 3.3% respectively, compared to November’s 6.3% and 5.4%.

The inventory of available homes for sale increased by 13.3% from last year.  This is now a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (December of 2017 had a 3.6 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 December 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes December 2018 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.

December 2018 Florida Single Family Homes Market Report

Rio Vista in Sewalls Point January 2019 Market Report

01.29.19 by

Rio Vista in Sewalls Point January 2019 Market Report

As of January 2019, there are 2 Rio Vista homes for sale in Sewalls Point.  List prices are $619,500 and  $1,295,000.  Yhis is an average list price of $957,250 or $371.00 per sq. ft. of living area.

There are no Rio Vista subdivision homes under contract.

In the past 12 months, 5 Rio Vista homes have sold.  Sales prices ranged from $365,000 up to $1,550,000.  This works out to an average sales price of $691,780 which equals $270.80 per square foot of living area.  These homes averaged 140 days on market before going under contract and sold for 96% of list price.

About Rio Vista in Sewalls Point:

Rio Vista in Sewalls Point

The Rio Vista subdivision of South Sewalls Point spans the mid portion of the South Sewalls Point peninsula from the Indian to the Saint Lucie River.  Starting out at a low elevation on the east up to the higher bluffs of the Saint Lucie River with waterfront homes on both sides and non-waterfront homes in between.  Rio Vista includes those 106 homes and lots that are located on Rio Vista Dr, Lantana Lane, S. Sewalls Point Rd and S River Rd.

Rio Vista in Sewalls Point Rio Vista in Sewalls Point

Homes in Rio Vista were built from 1975 to some newer construction with one just being finished in 2015.  Home sizes range from a low of around 1,500 sq. ft. with either 2 or 3 bedrooms and 2 baths all the way to a 15,000 sq. ft. mansion with 8 bedrooms and 15 bathrooms.

Rio Vista in Sewalls Point Rio Vista in Sewalls Point

The Rio Vista subdivision is part of the town of Sewalls Point and there are no specific amenities or fees that are unique to this portion of Sewalls Point.  The Rio Vista portion of Sewalls Point is a very desirable area in Martin County and remains in great demand for its location, amenities and life style possibilities.

There are no HOA fees in the Rio Vista neighborhood of Sewalls Point as it is within the town city limits.

Click here to search for any Rio Vista homes for Sale in Sewalls Point

Click here for all Sewalls Point homes for Sale

Rio Vista in Sewalls Point January 2019 Market Report

Hobe Sound FL 33455 Condo Market Report December 2018

01.28.19 by

Hobe Sound FL 33455 Condo Market Report December 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2018

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

There is currently only 1 active condo listing. (Decreased by 1 condo from November)

Hobe Sound FL 33455 Condo Market Report December 2018

4 Condos are pending and awaiting close. (Down by 4 condos from November)

Hobe Sound FL 33455 Condo Market Report December 2018

5 Condos sold in December. (Up by 2 condo from November)

 Hobe Sound FL 33455 Condo Market Report December 2018

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 moving off the market quite fast.

The absorption rate for Hobe Sound condos was 0.2 months for December as compared to 0.7months in November).  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 December 2017 numbers were: 10 active listings, 5 pending sales, and 4 closed sales.  Similar sales activity when compared to last year but with hardly any inventory of condos for sale.

Hobe Sound FL 33455 Condo Market Report December 2018

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

Hobe Sound FL 33455 Condo Market Report December 2018

Schooner Oaks January 2019 Real Estate Market Report

01.28.19 by

Schooner Oaks January 2019 Real Estate Market Report

For January 2019 there are 3 homes for sale in Schooner Oaks in Stuart, FL.  These condos are listed for sale with prices from $259,900 up to $269,900.  This is an average list price of $264,933 or $136.53 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 6 Schooner Oaks homes have sold.  The sales prices ranged from $200,000 up to $286,000.  This works out to an average sales price of $245,417 which equals $135.92 per sq. ft. of living area. These homes went under contract in an average of 53 days and sold for 93% of list price.

About Schooner Oaks in Rocky Point:

The Schooner Oaks community of Rocky Point in Stuart FL is a townhouse style complex under condo association rules.  There are 86 units of varying sizes that were built from 1985 till 1997.

Schooner Oaks in Rocky Point

These townhouses vary from the largest one with 4 bedrooms and 4 bathrooms and 2,140 sq. ft. of living area down to 2 bedroom, 2 bath condos with around 1,400 sq. ft. of living area.  Most units come with an attached single car garage.

Schooner Oaks in Rocky Point

Residents enjoy the use of a clubhouse with billiards, fitness room, heated pool, spa and tennis courts.  There’s a waterfront gazebo with a day dock and fishing pier off the Intracoastal Waterway with views toward the Saint Lucie Inlet of the Atlantic Ocean.

Schooner Oaks in Rocky Point

 This is a pet friendly community allowing for up to two large pets.   Rentals are also allowed and there are some vehicle restrictions. The current HOA fees are $570 per month.  These fees cover Assessment Fee, Cable, Common Areas, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Insurance-Other, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Maintenance Exterior, Management Fees, Manager, Pest Control, Pool Service, Reserve Funds, Roof Maintenance and Trash Removal.

Schooner Oaks in Rocky Point

Search here for any available Schooner Oaks Condos for sale

Schooner Oaks January 2019 Real Estate Market Report

 

Rocky Point January 2019 Market Report

01.27.19 by

Rocky Point January 2019 Market Report

Here is your Rocky Point January 2019 market Report in Stuart Florida:

There are currently 33 active listings in the Rocky Point area of Stuart FL which include both condos and homes.  List prices range from a low of $124,500 up to $2,650,000.  This is an average list price of $511,836 or $223.92 per square foot of living area.

7 homes and condos are under contract (pending sales) and awaiting closing.    List prices ranged from $120,000 up to $465,000.  This equals an average list price of $291,400 which is $185.92 per square foot of living area.  These properties averaged 36 days on the market before accepting a contract.

In the past 12 months, 130 properties have sold in Rocky Point with sales prices ranging from $63,999 up to $2,500,000.  This works out to an average sales price of $317,473 which equals $167.67 per square foot of living area.  The average days on market was 68 with a 95% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point Real Estate in Stuart Florida

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

 Rocky Point real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capital of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point Real Estate in Stuart Florida

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

Rocky Point Real Estate in Stuart Florida

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Rocky Point real estate

 

 

Search the Martin County MLS
Search here for available homes in Rocky Point

 

Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
the Gabe Sanders real estate team

Rocky Point January 2019 Market Report

 

Hobe Sound FL 33455 Residential Market Report December 2018

01.25.19 by

Hobe Sound FL 33455 Residential Market Report December 2018

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2018

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

There are currently 218 active listings. (Up by 11 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2018

50 Residential sales are pending and awaiting close  (Down by 13 homes from November)

Hobe Sound FL 33455 Residential Market Report December 2018

39 Homes Sold in December (Up by 21 homes from last month)

Hobe Sound FL 33455 Residential Market Report December 2018

The Hobe Sound Florida Market Report ZIP Code 33455 had a rebound in closed sales after a terrible November.  There was a decline in pending sales that may affect closed sales in the months ahead.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 5.6 months (It was 11.5 months in November).  Returning into a slight seller’s 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 December 2017 were:  189 active listings, 62 pending sales, and 24 closed sales.  A larger inventory this year and better closed sales volume.  Unfortunately, a  smaller number of pending sales.

Hobe Sound FL 33455 Residential Market Report December 2018

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

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report December 2018

Jensen Beach FL 34957 Residential Market Report December 2018

01.23.19 by

Jensen Beach FL 34957 Residential Market Report December 2018

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2018

 For December 2018 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 187 active listings. (Down by 1 home from last month)

Jensen Beach FL 34957 Residential Market Report December 2018

44 Residential sales are pending and awaiting close or lender approval. (Unchanged from November)

Jensen Beach FL 34957 Residential Market Report December 2018

35 Homes Sold (Increased by 6 homes from November)

Jensen Beach FL 34957 Residential Market Report December 2018

The Jensen Beach FL 34957 Residential Market had increased sales fro last month and very little other changes.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 5.3 months ( was 6.5 months in November).  Transitioning back into a seller’s market for Jensen Beach residential segment after only one month as a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The December 2017 numbers were: 167 active listings, 52 pending sales, and 24 home sales closed. Better sales activity this year.  But, less pending activity on an increased number of homes for sale in Jensen Beach.
Jensen Beach FL 34957 Residential Market Report December 2018
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

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report December 2018

Palm City FL 34990 Residential Market Report December 2018

01.21.19 by

Palm City FL 34990 Residential Market Report December 2018

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2018

For December 2018 in the 34990 Zip Code area of Palm City Florida :

 There are currently 349 active listings (Down by 7 homes from November)

Palm City FL 34990 Residential Market Report December 2018

94 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from last month)

Palm City FL 34990 Residential Market Report December 2018

57 Homes Sold in September (Down by 9 homes from November)

Palm City FL 34990 Residential Market Report December 2018

The Palm City FL, zip code 34990 residential real estate market showed reduced activity for December from the previous month and has transitioned into a balanced market.
The monthly absorption rate increased to 6.1 months from 5.4 months in November.  Transitioning into a balanced market for the Palm City zip code 34990 area for residential sales for the first time in quite a while of being in a seller’s market.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The December 2017 numbers were:  381 active listings, 96 pending sales, and 66 closed sales. Slighltless volume of sales and pending sales this year but this is on a significantly lower inventory of available homes for sale.

Palm City FL 34990 Residential Market Report December 2018

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 Palm City Florida Real Estate for Sale:

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

 

Palm City FL 34990 Residential Market Report December 2018

Lake Tuscany January 2019 Market Report

01.18.19 by

Lake Tuscany January 2019 Market Report

As of January 2019, there is only 1  home available for sale in Lake Tuscany in Stuart FL.  This home is listed for $449,900 which is an average price per square foot of living area of $125.67.

There is 1 home currently under contract.  This home was listed for $369,900 or $177.50 per sq. ft. of living area and was on the market for 18 days prior to going under contract.

In the past 12 months, 10 homes have sold in Lake Tuscany ranging in sales price from $375,000 up to $543,250.  This works out to an average sales price of $454,425 which equals $153.26 per sq. ft. of living area.  These homes took an average of 94 days on market to go under contract and sold at 97% of list price.

About Lake Tuscany in Stuart Florida:

Lake Tuscany in Stuart Florida

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high-quality homes built by local builder Mercedes Homes.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $108.00 per month.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners website is located at this site.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Lake Tuscany in Stuart Florida

 Lake Tuscany real estate Stuart FL

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about Lake Tuscany Real Estate Update in Stuart FL January 2019, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Lake Tuscany in Stuart Florida

Lake Tuscany January 2019 Market Report

Osprey Cove in Hobe Sound January 2019 Market Report

01.17.19 by

Osprey Cove in Hobe Sound January 2019 Market Report

There are currently 6 homes for sale in Osprey Cove in Hobe Sound, FL.  The list prices range from $599,000 up to $680,000.  This is an average list price of $633,823 or 238.55 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 6 homes have sold in Osprey Cove with sales prices ranging from $530,000 up to $970,000.  This equals an average sale price of $658,000 which works out to $221.88 per sq. ft. of living area. These homes averaged 123 days on the market before going under contract and sales prices averaged 97% of list price.

About Osprey Cove in Hobe Sound:

Osprey Cove in Hobe Sound

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida.  It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway.  There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006.   Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area.  There’s also a community pool and tennis court available to all residents.  The HOA fees in Osprey Cove are a very reasonable $215.00 a month.

Osprey Cove in Hobe Sound

For boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County.  All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

Osprey Cove in Hobe Sound

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school, and South Fork high school.  There are also a number of excellent private schools located nearby, including the Pine School.

Osprey Cove in Hobe Sound

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

Osprey Cove in Hobe Sound

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Osprey Cove in Hobe Sound

Hobe Sound Florida Real Estate

Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Osprey Cove in Hobe Sound January 2019 Market Report

Portofino Condos at Jensen Beach January 2019 Market Report

01.16.19 by

Portofino Condos at Jensen Beach January 2019 Market Report

As of January 2019, there are 5 condos available for sale in Portofino.  List prices range from $135,000 up to $189,900.  This is an average list price of $168,120 or $166.18 per sq. ft. of living area.

There is 1 condo under contract at this time.  The list price was $172500 which equals $160.61 per sq. ft. of living area.  This condo was on the market for 64 days before this offer was accepted.

In the past 12 months, 13 condos have sold in Portofino, ranging in sales price from $107,000 up to $175,000.  This equals an average sales price of $143,973 which which works out to $143.34 per sq. ft. of living area.  The average days on market was 46 and the average list to sales price ratio was 97%.

About the Portofino Condos at Jensen Beach:

Portofino Condos at Jensen Beach January 2019 Market Report

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

 

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

 

Portofino Condos at Jensen Beach is one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach January 2019 Market Report features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino at Jensen Beach

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

Portofino Condos at Jensen Beach January 2019 Market Report

Portofino Condos at Jensen Beach January 2019 Market ReportThe Condo Owners Association fees range from $245.00 to $281.00 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

Portofino Condos at Jensen Beach January 2019 Market Report

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

Jensen Beach Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Portofino Condos at Jensen Beach January 2019 Market Report

Tradewinds on Hutchinson Island January 2019 Market Report

01.15.19 by

Tradewinds on Hutchinson Island January 2019 Market Report

As of January 2019 there were no townhomes for sale in Tradewinds on Hutchinson Island in Jensen Beach FL.

There are also no townhouses currently under contract.

In the past 12 months, 2 homes have sold.  The sales prices were $388,000 and $390,000 for an average sales price of  $389,000 which equals $203.03 per sq. ft. of living area.  These townhomes averaged 68 days on the market before going under contract. The sales prices averaged 98% of list price.

About Tradewinds in Jensen Beach:

Tradewinds on Hutchinson Island in Jensen Beach

Located west of A-1-A  (Ocean Drive) on Hutchinson Island in Jensen Beach (Saint Lucie County) and just approximately 3 miles north of the Jensen Beach Causeway is this unique townhome community by the name of Tradewinds.

Tradewinds on Hutchinson Island in Jensen Beach Tradewinds on Hutchinson Island in Jensen Beach

There are a total of 14 townhomes in Tradewinds.  Two large Spanish Med style units on the north end were completed in 2009 while the other 10 are in a Key West style and were completed between 2012 and 2014.

The older units are quite large with over 3,500 sq. ft. of living space on two and three levels and numerous bedrooms and bathrooms and garages.  The newer units are all 3 bedroom, 2 and ½ bathroom homes with approximately 2,300 sq. ft. of living area with reserved parking.  There is one end unit that has a detached garage.

 The Tradewinds on Hutchinson Island in Jensen Beach

All ages are welcome and up to two large pets are OK.  Rentals are also permitted with some restrictions.

The Tradewinds on Hutchinson Island in Jensen Beach

These townhomes are deeded as condos so the monthly fee of $535.00 includes maintenance and insurance for all structures and common areas.  There is a community pool as well as a community pier with deeded docks on the Indian River (Intracoastal Waterway).  Residents of these townhomes have the ability to go fishing on the Intracoastal from their boat or right from the dock, or simply just walk across the street to enjoy the crystal clear waters of the Atlantic Ocean.

Tradewinds on Hutchinson Island in Jensen Beach Tradewinds on Hutchinson Island in Jensen Beach

Because of the limited number of residences in the Tradewinds, these don’t come on the market very often, so please contact me for a listing alert for any new townhomes that come on the market in the Tradewinds.

Tradewinds on Hutchinson Island January 2019 Market Report

 

Tarpon Bay Yacht Club Condo Sold

01.12.19 by

Tarpon Bay Yacht Club Condo Sold

Tarpon Bay Yacht Club

3100 SE Pruitt Road, Building H-Suite 205 has sold with the buyer introduced to this waterfront condo with wide water views by Gabe Sanders of Real Estate of Florida.  This condo sold for the excellent price of $159,000 for my buyer.

Tarpon Bay Yacht Club Tarpon Bay Yacht Club

Waterfront 2 bedroom, 2 bathroom condo with spectacular views of Kitching Cove in Port Saint Lucie just off of the North Fork of the Saint Lucie River.  Very well maintained and partially updated condo.The Tarpon Bay the dock fees are just $1.50 per foot per month! Docks are available in various sizes up to 50’ are managed by the community and leased on a first come/first serve basis. Dinghy and kayak spots for $60/yr. Elevator building with extra storage closet for your gear.

Tarpon Bay Yacht Club Tarpon Bay Yacht Club

There’s an active clubhouse and community pool and tennis courts for all residents.  This is a 55+ and no pets are permitted.

Tarpon Bay Yacht Club Tarpon Bay Yacht Club

Search for all Condos with Dock Access

Tarpon Bay Yacht Club Condo Sold

Stuart Florida 34994 Residential Market Report December 2018

01.11.19 by

Stuart Florida 34994 Residential Market Report December 2018

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2018

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

There are currently 76 active listings (Unchanged from November)

Stuart Florida 34994 Residential Market Report December 2018

17 Residential sales are pending and awaiting close or lender approval (Decreased by 5 homes from last month).

Stuart Florida 34994 Residential Market Report December 2018

13 Homes Sold in May (Increased by 8 homes from November)

Stuart Florida 34994 Residential Market Report December 2018

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida rebounded with a good number of closed sales even if the pending sales are off a little.  The inventory remains unchanged.

The one-month absorption rate for the 34994 zip code for December dropped down to 5.8 months from 15.2 months for November.  Returning to a seller’s market for the 34994 zip code area of Stuart, FL after one month in 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 December 2017 numbers were 74 Active Listings, 22 pending sales, and 7 closed sales.  Better sales numbers while fewer pending sales on similar inventory numbers when comparing year to year activity.

Stuart Florida 34994 Residential Market Report December 2018

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Stuart Florida 34994 Residential Real Estate Market Report December 2018

Affordable Vacant Lot in Port St. Lucie FL – Sold

01.10.19 by

Affordable Vacant Lot in Port St. Lucie FL – Sold

Overview
Maps
Photos
Description
$28,000

This parcel went under contract 2 days after it was listed. The sales price was $27,000.

A great opportunity for an affordable lot in a great Port St. Lucie location. Only minutes from the Cross Town Parkway and approximately 10 minutes to Tradition or Saint Lucie West and about 45 minutes to Palm Beach International Airport. Water and Sewer are available for this 10,000 sq. ft. lot. Choose the builder of your choice and your affordable dream home can be ready soon.
Main Features
Lot: 0.23 acre(s)
MLS #: M20014397
Location
1261 SW Goodman Ave
Port St. Lucie, FL 34953
USA
Gabe Sanders Gabe Sanders

Real Estate of Florida
(772) 323-6996
Gabe@GabeSanders.com
http://www.GabeSanders.com

       

Listed by: Real Estate of Florida
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