Martin County Single Family Homes February 2019 Market Report

04.08.19 by

Martin County Single Family Homes February 2019 Market Report

The Martin County Single Family Homes February 2019 Market Report continued with weaker sales activity when compared to last year.  Closed sales were down by 0.6% (were down by 18.4% in January).  While new pending sales decreased by 6.0% as compared to February 2018 (Increased by 7.3% in January).

Prices were mixed for February.  The median sales price was down by 7.9% from last year (up by 10.8% in January) while the average sales price increased by 2.0% (was up by 49.3% last month).

The inventory of available single-family homes increased from last month by 48 homes to 1178 units for February,  this is 13.4% greater than last February.  The current supply of homes is 5.9 months, for February of last year, it was 5.1 months supply.  We’re still in a seller’s market for Martin County single-family home sales, but only barely.  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 February 2019 Market Report

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

Suntide Condos on Hutchinson Island April 2019 Market Report

04.08.19 by

Suntide Condos on Hutchinson Island April 2019 Market Report

For April 2019, there are 2 condos on the market in Suntide on Hutchinson Island in Stuart FL.  Listing prices are $265,000 and $415,000 which is an average list price of $340,000 that equals $230.05 per sq. ft. of living area.

There is 1 condo under contract at this time.  It was listed for $319,399 or $257.17.  This condo was on the market for 84 days before going under contract.

There have been 5 condos sold in the past 12 months in Suntide.  The sales prices ranged from $200,000 up to $308,000 for an average sales price of $248,000 which equals $216.65 per sq. ft. of living area.  These sales averaged 93% of list price and were on the market for an average of 69 days prior to going under contract.

About the Suntide Condominiums of Hutchinson Island in Stuart Florida:

Suntide Oceanfront Condos

Suntide Condos on Hutchinson Island

Pool for Suntide Condos

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the  Suntide Building is one of the premier oceanfront condos in Stuart, Florida.  Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking.  There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.
Suntide Condos on Hutchinson Island

Beach access for Suntide Condos

Suntide Condos on Hutchinson Island

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes.  The largest of these feature an office, sitting room that can possibly double as an extra bedroom.  Many units have direct and unspoiled ocean views.  One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation getaway.

Suntide Condos on Hutchinson Island

Entrance to Suntide Condos

Suntide Condos on Hutchinson Island

Fitness Room in Suntide Condos

Search for Suntide Condos on Hutchinson Island


View all of our Listings

Hutchinson Island Real Estate is presented by:
the Gabe Sanders real estate team

Suntide Condos on Hutchinson Island April 2019 Market Report

Fox Run Palm City Market Report April 2019

04.07.19 by

Fox Run Palm City Market Report April 2019

For April of 2019, there are no homes for sale in Fox Run in Palm City.

Also, there are no homes under contract.

In the past 12 months, 8 homes have sold in Fox Run.  Sales prices were from $260,200 up to $530,000.  This equals an average sales price of $378,525 which works out to $201.04 per sq. ft. of living area.  These homes sold for an average of 97% of their last listed price and averaged 47 days on market before going under contract.

About Fox Run in Palm City Florida:

Fox Run in Palm City FL

Fox Run is a waterfront community on the Hidden River and just north of Murphy Road between Matheson Avenue and High Meadows Avenue.  Only 57 homes in this community and they were built from 1979 through 2005.  11 homes are on the banks of the Hidden River with deep water ocean access docks.  The remaining homes have exclusive access to a boat ramp as well as a large lot to store trailers and RV’s.

Fox Run in Palm City FL

Homes are of a wide variety of sizes and shapes ranging from 4 bedroom, 3 bathroom homes of over 3,000 square feet of living area to just over 1,200 sq. ft. homes with 2 bedrooms and 2 bathrooms.

Fox Run real estate in Palm City FL

Other than the boat ramp and the storage/parking lot there are no other amenities in Fox Run keeping the HOA fees to a very reasonable $350 a year.

Fox Run real estate in Palm City FL

Close to shopping, restaurants and with easy access to Florida’s Turnpike for those commuting either north or south, this quiet residential area is the perfect spot for families or couples looking for a great neighborhood with access to boating and fishing.

Fox Run real estate in Palm City FL

Currently, children living in Fox Run are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Search for Fox Run real estate here!

Fox Run real estate in Palm City FL

Fox Run Palm City Market Report April 2019

Lost River Plantation April 2019 Market Report

04.06.19 by

Lost River Plantation April 2019 Market Report

As of April 2019, there are 4 available homes for sale in the Lost River Plantation community of Stuart, FL.  List prices range from $534,900 up to $959,000.  This is an average list price of  $673,475 which equals $205.80 per sq. ft. of living area.

There are 3 homes currently under contract in the Lost River Plantation Community.  These homes had list prices from $510,000 up to $750,000.  This equals an average list price of $649,000 which is $225.98 per sq. ft. of living area.  These homes were on the market for an average of 60 days before going under contract.

In the past 12 months, there have been 6 sales ranging in sales prices from $470,000 up to $723,000.  This works out to an average sales price of $556,833 or $199.28 per sq. ft. of living area.  Sales prices averaged 94% of the last list price and these homes were on the market for an average of 134 days prior to accepting these offers.

 About Lost River Plantation in Stuart FL:

Lost River Plantation in Stuart Florida

Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep-draft ocean-going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

Lost River Plantation in Stuart FloridaLost River Plantation in Stuart Florida

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen, and social rooms.  For those wishing to commute to points north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

Lost River Plantation in Stuart Florida

Search for all Lost River Plantation Homes for Sale in Stuart Florida
Search the Martin County MLSLost River Plantation in Stuart Florida

View all of our listings

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

Lost River Plantation April 2019 Market Report

Florida Townhouses and Condos February 2019 Market Report

04.05.19 by

Florida Townhouses and Condos February 2019 Market Report

The Florida Townhouses and Condos Market Report for February 2019 had weaker sales activity when compared to last February.  Closed sales were down by 5.7% as compared to last month’s decrease of 10.9% and new sales under contract (new pending sales) decreased by 3.1% (In January there was a 10.3% decrease).  These decreases are considerably less severe than last month.

Prices, however, continue to rise for February though at a much more reasonable pace than most of last year.  Median sales prices were up by 4.7% (was up by 2.8% in January), while the average sales price increased by 3.7% (was up 1.3% in January).

The inventory of active listings increased by 8.5% from February of last year.  We now have 6.4 months of inventory as compared to 6.0 months for February 2018.  Remaining 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 February 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 February 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 February 2019 Market Report

Hutchinson House April 2019 Market Report

04.05.19 by

 Hutchinson House April 2019 Market Report

As of April 2019, there are 7 condos on the market in Hutchinson House on Hutchinson Island in Stuart FL.  These condos have listing prices from $299,000 up to $399,000.  This is an average list price of $340,214 or $277.41 per sq. ft. of living area.

There are no condos currently under contract.

9 condos have sold in the past 12 months in Hutchinson House.  Sales prices ranged from $232,500 up to $400,000 for an average of $329,556 which equals $278.19 per sq. ft. of living area.  These condos sold for an average of 94% of the last list price and averaged 111 days on market prior to going under contract.

About Hutchinson House on Hutchinson Island in Stuart Florida:

Hutchinson House on Hutchinson Island in Stuart Florida Located on Hutchinson Island in uncrowded and unspoiled Martin County, the Hutchinson House Condo complex is an ocean to Intracoastal complex with a variety of styles and views offering wonderful amenities that include ocean access docks, clubhouse, pools, spa/jacuzzi, tennis and a private beach.

Hutchinson House on Hutchinson Island in Stuart Florida
Hutchinson House consists of 121 Condos, with the Ocean Side being Hutchinson House East and the riverside is called Hutchinson House West.  Both sides offer 2 and 3 bedroom condos with 2 or more bathrooms.  Many with spectacular views of the river and the crystal clear blue waters of the Atlantic Ocean.
Hutchinson House on Hutchinson Island in Stuart Florida

The Hutchinson House condos are one of the few condo developments that are pet-friendly and allows for up to 2 large pets.  For currently available Hutchinson House condos please call or view the search link below.

Hutchinson House on Hutchinson Island in Stuart Florida Hutchinson House on Hutchinson Island in Stuart Florida

Search for Hutchinson House Condos for Sale


View all of our Listings

Hutchinson Island Real Estate is presented by:
the Gabe Sanders real estate team

Hutchinson House April 2019 Market Report

Florida Single Family Homes February 2019 Market Report

04.04.19 by

Florida Single Family Homes February 2019 Market Report

The Florida Single Family Homes Market Report for January 2019 produced slightly stronger sales activity when compared to last year.  The closed sales were up by 1.9% (were down by 6.2% in January) and new sales under contract (new pending sales) were unchanged  (were down by 2.4% in January).

Prices were mixed for February.  The median sales price rose by 1.3% (it was up by 4.1% in January) and the average sales prices dropped by 0.4% (it was up by 4.1% last month).

The inventory of available homes for sale increased by 11.8% from last year.  This is a 4.3 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (February 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.

February 2019 Florida Single Family Homes Market Report

Click here to view or download the full report:

Florida Single Family Homes February 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.

February 2019 Florida Single Family Homes Market Report

Hideaway Isles April 2019 Market Report

04.04.19 by

Hideaway Isles April 2019 Market Report

As of April 2019, there were 2 homes for sale in Hideaway Isles in Palm City FL.  These homes are listed for $325,000 and $495,000.  This is an average list price of $410,000 or $255.42 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, 9 Hideaway Isles homes have sold.  Sales prices ranged from $225,000 up to $655,000.  This equals an average sales price of $438,000 which works out to $216.99 per sq. ft. of living area.  These homes sold for an average of 95% of listing price and went under contract in an average of 57 days after being listed.

About Hideaway Isles in Palm City FL:

Hideaway Isles real estate in Palm City FL

Hideaway Isles is a community of a variety of homes where you will surely find something to suit your needs!  Homes range in size from modest two to over five bedroom homes with plenty of room around the homes for a great opportunity to make your backyard a fantastic weekend getaway. There is a variety of homes in Hideaway Isles that have newer and older designs and ages. However, many homes have completed updates to the inside and outsides that today’s home buyers find so appealing.  Most Hideaway isles homes are waterfront with deep water docks that can easily access the blue waters of the Atlantic Ocean, only minutes away.

Hideaway Isles real estate in Palm City FL Hideaway Isles real estate in Palm City FL

There are no HOA fees in Hideaway Isles and the only property restrictions are those imposed by Martin County.

Hideaway Isles in Palm City FL

Hideaway Isles is located in Palm City which is a great city to raise a family in because of the “A” rated school system of Martin County, its closeness to I-95 and Florida’s Turnpike which will open you to all the opportunities of Palm Beach County!

Hideaway Isles in Palm City FL

Search here for any available Hideaway Homes for sale in Palm City FL

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

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 February 2019

Maritimes April 2019 Market Report

04.03.19 by

Maritimes April 2019 Market Report

As of April 2019, there is only 1 condo on the market in the Maritimes Condos and Townhomes on Hutchinson Island in Stuart FL.  The list price is $525,000 or $339.81 per sq. ft. of living area.

There are two Maritimes condos or townhomes currently under contract.  Their list prices were $375,000 and $420,000.  This is an average list price of $397,500 which works out to $236.43 per sq. ft. of living area.  These condos were on the market for an average of 102 days prior to going under contract.

There have been only 2 condos sold in the past 12 months in the Maritimes.  The sales prices were $319,500 and $378,000.  This is an average sales price of $348,750 which equals $227.78 per sq. ft. of living area. These condos sold for an average of 96% of the listed price and were on the market for an average of 404 days before going under contract.

About the Maritimes on Hutchinson Island

Maritime Condos and Townhomes on Hutchinson Island

Entrance to the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Beach Access at the Maritimes

The Maritimes is one of the prime ocean to river communities on South Hutchinson Island in Stuart, FL.  Offering larger than normal homes on both the river and Oceanside settings.  The riverside (or Maritimes West has a lovely private sandy beach with kayak storage for those not wishing to play in the surf or for those days when it’s a bit windy on the beach side.  The Oceanside (Maritimes East) has private beach access as well as a heated pool when you’re finished frolicking in the crystal clear waters of the Atlantic Ocean.

Maritime Condos and Townhomes on Hutchinson Island

Docks of the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Views from the Maritimes

The Maritimes condos were constructed between 1975 and 1988.  With the oceanfront units being built first.  Living square footage range from just under 1300 sq. ft. 2 Bedroom condos with over 2100 sq. ft .condos and townhouses with 3 Bedrooms plus dens and a garage.

Maritime Condos and Townhomes on Hutchinson Island

Kayak Storage at the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

River views from the Maritimes

Maritime Condos and Townhomes on Hutchinson Island

Tennis Court of the Maritimes


View all of our Listings

Hutchinson Island Real Estate is presented by:
the Gabe Sanders real estate team

Maritimes April 2019 Market Report

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

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 February 2019

Sewalls Landing April 2019 Market Report

04.02.19 by

Sewalls Landing April 2019 Market Report

For April 2019, there are 2 homes available for sale in Sewalls Landing, List prices are $735,000 and $750,000 for an average list price of $742,500 or $191.74 per sq. ft. of living area.

There are no homes currently under contract in Sewalls Landing.

In the past 12 months, 3 Sewalls Landing homes have sold.  Sales prices ranged from a low of $640,000 up to $1,150,000 for an average sales price of $813,300 which equals $230.14 per sq. ft. of living area. These sales averaged 94% of list price and the homes averaged going under contract after being on the market for 212 days.

About Sewalls Landing:

Sewalls Landing

Sewalls Landing is located at the northern tip of Sewalls Point, FL in Martin County.  Officially it is in Jensen Beach, but many residents of Sewalls landing consider themselves part of Sewalls Point.   Just across the street from the Dolphin Bar and Grill and within walking distance of marinas, boat ramps, Indian Riverside Park and much, much more.
Sewalls Landing Jensen Beach FL
This gated community consists of 51 home-sites (including 3 lots that are still vacant).  Homes in Sewalls Landing were built from 1992 to 2008 and are situated on generously sized lots from just under a ½ acre to over ¾ of an acre.  Home sizes range from 2,000 to over 5,000 square feet of living areas.  Many homes feature 3 car garages.  Residents enjoy low HOA fees of $110 per month.Sewalls Landing Jensen Beach FL

Children attend Felix Williams Elementary, Stuart Middle and Jensen Beach High Schools.  Easy access to the beaches as it’s just about equidistant from both the Stuart and Jensen Beach Causeways.  Close to shopping and medical facilities as well.  This is a much sought after community in Martin County, FL.

 

View all of our Listings

 

Sewalls Point  Real Estate is presented by:

the Gabe Sanders real estate team

Sewalls Landing April 2019 Market Report

Stuart FL 34997 Condo Market Report February 2019

04.01.19 by

Stuart FL 34997 Condo Market Report February 2019

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for February 2019

For February 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 65 active condo listings (Up by 5 condos from January).

Stuart FL 34997 Condo Market Report February 2019

17 Condo sales are pending and awaiting close (Down by 2 condos from January).

Stuart FL 34997 Condo Market Report February 2019

10 Condos Sold in February (Up by 5 condos from January).

Stuart FL 34997 Condo Market Report February 2019

      The Stuart FL condo market for zip code 34997 rebounded from very weak sales activity last month.  Pending sales were off slightly and the inventory continues to rise.

     The absorption rate rose to 6.5 months in February compared to 12 months for January.  Transitioning into a balanced market after an unusual month as a buyer’s market for condos in the 34997 zip code of Stuart FL.  A 6 to 7-month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The February 2018 numbers were: 54 active listings, 32 pending sales, and 17 closed sales.  There was much stronger activity last year with a smaller number of condos for sale.

Stuart FL 34997 Condo Market Report February 2019

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34997 Condo Market Report February 2019

Southwood Real Estate Market Report March 2019

03.31.19 by

Southwood Real Estate Market Report March 2019

For March 2019 there is only one home for sale in the Southwood community of Stuart, FL.  The list price is $389,000 or $209.93 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 3 homes have sold in the Southwood subdivision of Stuart.  The sales prices ranged from $389,000 up to $445,000.  This is an average sales price of $422,000 which works out to $196.43 per sq. ft. of living area.  These homes went under contract in an average of 29 days.  These homes sold for an average of 99% of the last list price.

About Southwood in Stuart, FL:

Southwood in Stuart Florida

Southwood is a small community of 115 home sites located just southeast of Salerno Rd on Kanner Highway in Stuart FL.  This location makes it easy for anyone wishing to commute either north or south as it’s only a few minutes to I-95.  It is also close to the Publix shopping center at the intersection of Kanner Highway and Salerno Rd.  Just minutes to Martin Memorial South Hospital.  Only about 10 to 15 minutes to downtown Stuart and just slightly longer to the beaches and waterways of Martin County.

Entrance to Southwood of Stuart FL

Children in Southwood attend Pinewood Elementary, David L. Anderson Middle and Martin County High Schools.  All great schools.  Click on the above links for more information about each school.

One enters the Southwood subdivision through a long private drive.  Currently, this community is not gated, yet offers the utmost in privacy and safety.  The homes were built from 1990 to 2001 and are all individual styles from various builders.  This is not a cookie cutter community.  Home sizes range from 3 bedroom, 2 bathroom homes with 2 car garages of just under 1,700 square feet of living area of to 4 bedroom, 3 bathroom homes of just under 3,000 sq. ft.

Southwood in Stuart Florida

There are a number of ponds and creeks throughout Southwood.  And, this community is mostly surrounded by either preserve lands or acreage.  There is no community pool or clubhouse so the HOA fees are a very reasonable $98.00 a month as of this writing and include trash and basic cable TV.  Though there are some magnificent nature trails through the preserve areas.

creek in Southwood of Stuart FL

Southwood is a gem of a neighborhood and is little known to many Martin County residents.  There is very low turnover in this community.  If you’re interested let us know and we can put you on a listing alert notification for this community.

Home in Southwood of Stuart FL

Click here to see if any Southwood Homes are currently available

Southwood Real Estate Market Report March 2019

Oak Ridge Real Estate Market Report March 2019

03.30.19 by

Oak Ridge Real Estate Market Report March 2019

There are currently 7 homes available for sale in Oak Ridge in Palm City, FL.  The list prices range from $339,000 up to $813,990.  The average list price is $451,856 which equals $194.44 per sq. ft. of living area.

There are no homes under contract and awaiting settlement at this time.

10 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $320,000 up to $700,000.  The average sold price was $424,750 which equals $189.34 per sq. ft. of living area.  These homes went under contract in an average of 53 days and sold for 97% of list price.

About Oak Ridge in Palm City FL:

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95 and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds.

Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

Currently available homes for sale in Oak Ridge and the Estates of Oak Ridge

Oak Ridge Real Estate Market Report March 2019

Stuart FL 34997 Residential Market Report February 2019

03.29.19 by

Stuart FL 34997 Residential Market Report February 2019

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for February 2019

For February 2019 in the 34997 Zip Code area of Stuart, Florida:

There are currently 361 active listings (Increased by 13 homes from January).

Stuart FL 34997 Residential Market Report February 2019

166 Residential sales are pending and awaiting close or lender approval (Up by 8 homes from January). Stuart FL 34997 Residential Market Report February 2019

77 Homes Sold in February (Increased by 25 homes from January)

Stuart FL 34997 Residential Market Report February 2019

      The Stuart Florida Residential Market for ZIP Code 34997 regained its momentum of closed sales after a weak January.  Though, pending sales, while strong may not be enough to keep up with the increases in inventory.
     The absorption rate rose to 4.7 months (was 6.7 months for January).  Back into a seller’s market for the 34997 zip code area of Stuart for February 2019 after one month of a balanced market.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2018 numbers for February, were: 307 active listings, 155 pending listings, and 65 closed sales.  A greater number of closed sales this year when compared to last year.  Pending sales were not quite as strong as last year and there is a considerably larger inventory of available homes for sale.
Stuart FL 34997 Residential Market Report February 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 34997 Zip Code of Stuart FL real estate for sale

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

Stuart FL 34997 Residential Market Report February 2019

Lighthouse Point and Seagate Harbor Real Estate Market Report March 2019

03.29.19 by

Lighthouse Point and Seagate Harbor Real Estate Market Report March 2019

There are currently 8 homes on the market in Lighthouse Point and Seagate Harbor in Palm City, FL.  Listing prices are from a low of $598,900 to a high of $1,350,000.  This is an average listing price of $820,988 which equals $351.40 per square foot of living area.

There are 2 homes currently under contract.  The list prices were $459,000 and $849,000.  This equals an average list price of $654,000 or $312.67 per square foot of living area.  These homes were on the market for an average of 50 days before going under contract.

20 homes have sold in Lighthouse Point and Seagate Harbor in the past 12 months.  Sale prices ranged from $385,000 up to $860,000.  This works out to an average sales price of $567,700 which equals $311.93 per square foot of living area.  These homes sold on average in 75 days and at 97% of list price.

About Lighthouse Point and Seagate Harbor in Palm City FL:

Lighthouse Point and Seagate Harbor in Palm City FL

A boater’s and sailor’s Delight in an affordable waterfront niche community with deep water dockage! Nature and families are the focus in this desirable community characterized by beautiful homes, parks, nearby golf, restaurants, shopping, and A Rated schools!

Lighthouse Point and Seagate Harbor real estate in Palm City FL

Almost every home has waterfront dockage available in an intricate network of deep water canals. Some select homes with wide views of the Saint Lucie River. A community boat ramp is also available. Everything a boater would want!

Lighthouse Point and Seagate Harbor in Palm City FL

The homeowner’s association is very reasonable at only $50 and $75 per year, most of which goes towards a number of great community get togethers throughout the year. These two neighboring communities are in the ‘A’ rated Martin County school system with local children currently zoned for Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

Lighthouse Point and Seagate Harbor in Palm City FL

There are no fixed bridges to the open Ocean (Only high span 60’ +). The canals are maintained and dredged to a 6’ depth. In recent years sewer and city water have been brought to these communities which have resulted in the transformation starting to take place in this waterfront neighborhood as homes are being torn down or renovated to larger and more state of the art structures.

Lighthouse Point and Seagate Harbor in Palm City FL

Those looking for affordable waterfront in the Martin County area may want to act sooner than later as current prices have been rising rapidly.

Search the Martin County MLSSearch for available homes in Lighthouse Point and Seagate Harbor

Lighthouse Point and Seagate Harbor September 2016 Market Report

Jensen Beach FL 34957 Condo Market Report February 2019

03.28.19 by

Jensen Beach FL 34957 Condo Market Report February 2019

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

For February 2019 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 122 active listings. (Increased by 2 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2019

36 Condo sales are pending and awaiting settlement. (Up by 11 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2019

13 Condos Sold (Down by 5 condos from January)

Jensen Beach FL 34957 Condo Market Report February 2019

 The Jensen Beach FL 34957 Condo Market Report continues to have an increase of available condos for sale.  Closed sales were down for February but pending sales increased.  Hopefully, this will result in stronger sales volume in the coming months.

The one-month absorption rate for the February 2019, Jensen Beach Florida Market Report ZIP Code 34957 rose to 9.4 months (from 6.7 months in January), back into a buyer’s market after one month in a balanced market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The February 2018 numbers were: 112 active listings, 46 pending sales, and 30 condos closed.  The sales and pending sales volume were stronger last year.  Inventory is up this year as well.

Jensen Beach FL 34957 Condo Market Report February 2019

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

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report February 2019

Governors Landing March 2019 Market Report

03.28.19 by

Governors Landing March 2019 Market Report

There is currently 1 home on the market in Governors Landing for March 2019.  The list price is $500,000 or $233.61 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, only 1 Governors Landing home has sold.  The sales price was $458,000 or $179.05 per sq. ft. of living area.  This home sold for 97% of list price and was on the market for 10 days prior to going under contract.

About Governors Landing in Hobe Sound FL

Governors landing in Hobe Sound FL

Governors Landing is a prestigious gated community in Hobe Sound just south of Jimmy Graham and Peck Lake Parks and west of the Intracoastal Waterway facing Jupiter Island and the Atlantic Ocean to the East.  Very conveniently located about equidistant from the City of Jupiter to the South and the City of Stuart to the North.  Both of which can be reached in under 15 minutes by car.

Governors landing in Hobe Sound FL

Governors Landing has both canal homes with ocean access docks as well as lake front homes, many with docks in the community marina.  There is also a boat ramp available for residents as is a boat storage area.

Governors landing in Hobe Sound FL

Homes were built between 1988 and 2006 in Governors Landing and as of this writing in September 2015 there are 4 vacant lots which have yet to be built upon.  Existing lot sizes range from just over 1/6th to just under ½ acres. And, homes range from 3 bedroom, 2 bathroom, 2 car garage with around 2,400 sq. ft. of air conditioned living area up to 5 bedroom, 5 bathroom, 3 car garage homes with 5,000 sq. ft. of living area.

Governors Landing of Hobe Sound FL Governors Landing of Hobe Sound FL

The HOA fee is $144.00 per month and includes the maintenance and upkeep of the security gate, common areas as well as the community docks and ramps as well as basic cable TV service.

Governors Landing of Hobe Sound FL Governors Landing of Hobe Sound FL

Children in Governors Landing attend these schools: Hobe Sound Elementary School, Murray Middle School and South Fork High School.

For those looking for luxury ocean access homes with convenient access to good schools, medical facilities and shopping, Governors Landing may just be the perfect place to call home.

Search here for Governors Landing homes for sale.

Governors Landing March 2019 Market Report

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
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

Residential Properties

Land Properties

Rental Properties

Commercial Properties

Residential Income Properties

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

Jensen Beach FL 34957 Residential Market Report February 2019