Florida Single Family Homes 2018 4’th Quarter Report

03.05.19 by

Florida Single Family Homes 2018 4’th Quarter Report

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 4’th Quarter 2018.

Florida Single Family Homes 2018 4'th Quarter Report

The third quarter for 2018 showed mostly positive activity when compared to last year, but at a slower rate of sales for the Florida single family home market.  And, prices continue to rise, though at a more moderate pace.

To view, the full report click the image above or this link.

View the entire set of data at GabeSanders.com market data page.

Florida Single Family Homes 2018 4’th Quarter Report

Cedar Pointe March 2019 Market Report

03.05.19 by

Cedar Pointe March 2019 Market Report

As of March 2019, there are 12 available condos in the Cedar Pointe community in Stuart FL.  List prices range from $57,000 up to $149,900 which averages to $105,568 or $118.35 per sq. ft. of living area.

Currently, 5 condos are under contract.  They were listed for prices from $65,000 up to $117,500 for an average list price of $87,260 or $109.69 per sq. ft. of living area.  These condos were on the market for an average of 82 days prior to going under contract.

In the past 12 months, 31 Cedar Pointe condos have sold.  Sales prices ranged from $42,000 up to $120,000 for an average sales price of $85,479 which equals $91.76 per sq. ft. of living area.  These condos sold for an average of 96% of list price and averaged 67 days on the market prior to going under contract.

About the Cedar Pointe Condominiums in Stuart Florida

Search for Cedar Pointe Condos for Sale

Cedar Pointe Condos in Stuart Florida

An active adult community of 62, 2 story buildings divided into 8 villages with numerous clubhouses and pools as well as recreational areas.  One of the prime locations in the city of Stuart only minutes away from the pristine beaches of the Atlantic Ocean and close to shopping, restaurants and medical facilities.

This 55+ community is the jewel of the Stuart area condominiums because of its location and reasonable condo fees.  Cedar Pointe does not allow dogs.  One indoor cat is permitted in Villages 1 through 5.  There are currently four separate management associations in Cedar Pointe.  Villages 1 through 5, Village 6, Village 7 and Village 8 are each managed separately have their own set of rules and regulations.

Cedar Pointe Condos in Stuart Florida

Condominium units consist of 1 bedroom 1 and 1/2 bathroom units and 2 bedroom, 2 bath units.  Each condo has one assigned parking spot along with numerous guests spots throughout the complex.  Laundry facilities are available in each building and on each floor.  Many social activities are available to residents as this is an active senior community.

Currently a very affordable complex for those looking for a full-time Stuart, Florida home or just a winter getaway.

Cedar Pointe Condos in Stuart Florida

Search for Cedar Pointe Condos for Sale

Cedar Pointe 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

Tres Belle March 2019 Market Report

03.04.19 by

Tres Belle March 2019 Market Report

There are 4 homes currently for sale in the Tres Belle subdivision of Stuart FL.  Listing prices are from $679,900 up to $989,900 for an average list price of $791,150 which works out to $234.03 per sq. ft. of living area.

There are two homes currently under contract.  The list prices were $689,998 and $699,900.  This equals an average list price of $694,949 or $212.16.  These homes were on the market for an average of 156 days prior to going under contract.

10 Tres Belle homes have sold in the past 12 months.  Sales prices ranged from $620,000 up to $925,000.  The average sales price was $714,220 which comes out to $206.46 per sq. ft. of living area.  These homes sold on average of 77 days with sales prices at 98% of list price.

About Tres Belle in Stuart FL:

Tres Belle Stuart Florida real estate

The Tres Belle Estates in Stuart FL is a Kolter Homes development of approximately 167 homes on a minimum of ½ acre lots located just east of Kanner Highway on Cove Road in Stuart FL.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The first homes were completed in 2007 and construction and sales of new homes continue to this date (March 2019).  Homes range in size from a minimum of 3 bedrooms and 2 baths with over 2,500 sq. ft. of living area up to 4 and 5 bedroom, 5 bath homes with close to 4,500 sq. ft. of living area.

 Tres Belle in Stuart FL

Tres Belle is located adjacent to the Atlantic Ridge Preserve State Park which has miles and miles of rugged and scenic trails.  Also, close to shopping on US-1 as well as at the intersection of Cove Rd and Kanner Hwy.  Martin Memorial Hospital South is only a few minutes away.  A consistently highly rated medical facility.  For those looking to commute or just be close to the Interstate, I-95 is only a minute or two away.

 Tres Belle in Stuart FL

For boaters, there is an abundance of waterways and boat ramps and marinas are only a short ride and only a few minutes to your choice of beaches at either Stuart or Jupiter Island.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

Tres Belle is located in the ‘A’ rated school district of Martin County with children currently slated for Crystal Lake elementary, David L. Anderson middle and South Fork high schools.

Tres Belle Stuart Florida real estate Tres Belle Stuart Florida real estate

The HOA fees are $314.00 per month and include maintenance of the common areas as well as Cable TV.  This is a pet-friendly community.

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Search here for all Stuart FL real estate

Tres Belle March 2019 Market Report

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

Martin County Townhouse and Condo Sales 2018 Yearly Review

03.02.19 by

Martin County Townhouse and Condo Sales 2018 Yearly Review

For the Martin County Townhouse and Condo Sales 2018 Yearly Review showed mixed sales activity when compared to 2017 for this segment of the Martin County real estate market.   Year to year closed sales were up by 1.5% as compared to 2017 which were up by 6.7% and new sales under contract (new pending sales) decreased by 2.7% (2017 saw an increase of 1.0%).

Martin County Townhouse and Condo Sales 2018 Yearly Review

Both median and average sales prices were up (year to year) by 6.4% and 6.4% respectively (2017 numbers were 3.3% and 2.4%).  A little bit stronger than the increases of last year.

Inventory decreased by 11.4% as compared to 2017’s decrease of 7.3%. And the supply of inventory dropped to 3.5 months as compared to 4.0 months for 2017.  Even a stronger seller’s market for Martin County townhouses and condos.

 To view the full report click on the graphic above or the link below:
Martin 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.

Martin County Townhouse and Condo Sales 2018 Yearly Review

Palm Cove Golf and Yacht Club March 2019 Market Report

03.02.19 by

Palm Cove Golf and Yacht Club March 2019 Market Report

There are currently 10 properties actively listed in Palm Cove Yacht and Golf Club for March 2019 in Palm City, Florida.  List prices range from a low of $335,000 up to $1,899,900.  The average list price is $783,160 which works out to $203.74 per square foot of living area.

There are 2 homes currently under contract in the Palm Cove community of Palm City as of March 2019.  The list prices were $479,000 and $599,900.  This equals an average list price of $539,450 or $167.44 per square foot of living area.  These homes averaged 249 days on the market before going under contract.

In the past 12 months, 13 homes have sold in Palm Cove Yacht and Golf Cub with sales prices from $260,000 up to $880,000.  This is an average sales price of $528,338 or $174.44 per square foot of living area.  These homes were on the market for an average of 108 days prior to going under contract and sales prices averaged 97% of the list price

About the Palm Cove Yacht and Golf Club:

Palm Cove Golf and Yacht Club in Palm City

The Palm Cove Golf and Yacht Club in Palm City Florida include 206 residences, ranging from spacious condos with garages to townhomes, fairway homes to multi-million dollar waterfront homes on the shores of the north fork of the wide Saint Lucie River.

Palm Cove Yacht and Golf Club

This magnificent community boasts a championship Chi Chi Rodrigues designed golf course. Memberships are available to both residents and non-residents and membership is not mandatory.  In addition to golf, boaters enjoy a 93 slip deep water marina with docks available for over 50’ vessels.

Palm Cove Yacht and Golf Club

There’s a magnificent clubhouse located riverside by the marina.  Residents enjoy 24-hour security from the manned gated entrance.  The Palm Cove Golf and Yacht Club is separated into two main sections.  Fairway homes are on the south side of Mapp Road with the entrance across the main entrance to Palm Cove and is controlled by remote from the main security gate.

Palm Cove Yacht and Golf Club

In the main section, are the estate homes, town-homes at Island creek as well as the condos at ‘the Links’.   Homes range from 1500 sq. ft. town-homes with 2 bedrooms, 2 bathrooms, and 2 car garages all the way up to 6,000 sq. ft. plus waterfront residences with 5 bedrooms, office, 6 and ½ bathrooms and 3 car garages.  Homeowner Association (HOA) fees vary from section to section.  The estate homes run approximately $450 per month, while in the fairways section they are around $550 per month, but include landscaping.  For a complete list of fees, please give us a call.

Palm Cove Yacht and Golf Club

Palm Cove families enjoy a quiet secluded lifestyle yet are close to shopping, restaurants and the beaches of Martin County.  Children attend an ‘A’ rated Martin County school system to the following schools:  Bessey Creek elementary, Hidden Oaks middle and Martin County High.

Palm Cove Golf and Yacht Club in Palm City

Currently, these homes are available for sale in the Palm Cove Golf and Yacht Club

For any questions, you may have about the Palm Cove Yacht and Golf Club in Palm City Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Palm City Florida Real Estate

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

Palm Cove Golf and Yacht Club March 2019 Market Report

Martin County Single Family Home Sales 2018 Yearly Review

03.01.19 by

Martin County Single Family Home Sales 2018 Yearly Review

The Martin County Single Family Home Sales 2018 Yearly Review as reported by Florida Realtors showed weaker sales activity when compared to 2017 for the Martin County single-family housing market.   Year to year closed sales were down by 2.0% (were up by 2.7% in 2017) and new sales under contract (new pending sales) decreased by 7.1% (was down by 0.3% in 2017).

Martin County Single Family Home Sales 2018 Yearly Review

Both median and average sales prices continued to rise (2017 to 2018) by 5.2% and 3.5% respectively.  This rate while positive is not as high as last year which was 8.7% and 9.4% respectively in 2017.

The inventory of available homes for sale increased by 2.2% from 2017.  While the supply of homes increased to 4.7 months.  Still a seller’s market.  Typically a 6-month inventory indicates a balanced market where neither the seller or buyer has an advantage.

To view the full report click on the graphic above or the link below:
Martin 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.

Martin County Single Family Home Sales 2018 Yearly Review

Florida Townhouse and Condo Sales 2018 Yearly Review

02.28.19 by

Florida Townhouse and Condo Sales 2018 Yearly Review

The Florida Townhouse and Condo Sales 2018 Yearly Review continued to show improved results from last year.   Year to year closed sales were up by 4.9% as compared to 2017 which saw a decrease of 2.9% and new sales under contract (new pending sales) increased by 2.2% (2017 saw a decrease of 2.3%).

Florida Townhouse and Condo Sales 2018 Yearly Review

Both median and average sales prices were up (year to year) by 7.2% and 7.7% respectively (2017 numbers were 7.8% and 6.5%).  Pretty similar to last year.

Inventory increased by 1.8% as compared to 2017’s decrease of 4.0%. While the supply of inventory inched up to 5.7 months as compared to 5.6 months for 2017.  A seller’s market for Florida townhouses and condos.

 Click here to view or download the full report:  Florida 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.

Florida Townhouse and Condo Sales 2018 Yearly Review

Cabana Point February 2019 Market Report

02.28.19 by

Cabana Point February 2019 Market Report

There is only 1 home for sale in the Cabana Point community of Stuart Florida in February 2019. The list price is $525,000 or $317.80 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, there have been 4 sales in Cabana Point. Sales prices ranged from $310,000 up to $523,500. This works out to an average sales price of $439,000 which is $224.70 per sq. ft. of living area. These homes averaged 127 days on the market before going under contract and sold for an average of 96% of list price.

About Cabana Point in Stuart Florida, A Stuart FL waterfront community:

Cabana Point in Stuart FL

Cabana Point is an older Stuart community located between the South Fork of the Saint Lucie River and Kanner Hwy.  This community had its first home built in 1958 and the most recent one was built in 2007.  This small community has 40 homes (all but one are single-family homes) and two remaining vacant lots (neither for sale at the time this is being written).   28 of these home sites are waterfront with access to the ocean or to Lake Okeechobee from a canal or the banks of the Saint Lucie River.  The remaining non-waterfront homes have access through a community boat ramp.

Cabana Point in Stuart FL

This is a non-HOA community with no fees.  This is an older community with many of the homes back from the age of smaller CBS style cabana homes.  Though, as time passes, many of these homes are being torn down and replaced with spacious 2 story modern waterfront homes that are in high demand.  Current home sizes range from the largest one which is a 2 story 3,100 sq. ft. (under air), 9 bedrooms, 6 bathrooms estate down to a 2 bedroom, 2 bath home with just over 1,000 sq. ft. of living area.

Cabana Point in Stuart FL

For those looking for future appreciation, this community is an excellent investment potential.

Cabana Point in Stuart FL

Check here to see if any Cabana Point homes are available for sale

Search for cabana Point homes for sale

Stuart FL Real Estate is presented by:
the Gabe Sanders Realty team


Cabana Point February 2019 Market Report


Florida Single Family Home Sales 2018 Yearly Review

02.27.19 by

Florida Single Family Home Sales 2018 Yearly Review

The Florida Single Family Home Sales 2018 Yearly Review as reported by Florida Realtors shows that this last year continued the positive momentum with a slightly greater rate than last year.   Year to year closed sales were up by 2.2% (was up by 1.2% in 2017) and new sales under contract (new pending sales) increased by 0.3% (was up by 0.1% in 2017).

Florida Single Family Home Sales 2018 Yearly Review

Both median and average sales prices were up (2017 to 2018) by 7.2% and 6.9% respectively.   Showing continued gains in value though at a slightly lower rate than last year.  These numbers were 8.0% and 7.8% respectively in 2017.

The inventory of available homes for sale increased by 11.1% from 2017.  While the month’s supply of homes increased to 4.0 months.  Indicating that Florida single-family homes remain in a seller’s market.

Click here to view or download the full report:
Florida Single Family Home 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.

Florida Single Family Home Sales 2018 Yearly Review

Watersong Oceanfront Market Report February 2019

02.27.19 by

Watersong Oceanfront Market Report February 2019

As of February 2019, there are 10 vacant lots and 6 single family homes available to purchase in the Watersong Oceanfront community on Hutchinson Island.

List prices for the lots range from $79,900 up to $399,000 which is an average list price of $280,690.

There are no vacant lots currently under contract.

In the past 12 months, there have been 8 vacant lot sales in Watersong.  The sales prices ranged from $82,900 up to $277,450.  The average sales price was $154,356.  These lots went under contract in an average of 214 days on the market and sold for 82% of list price.

The homes are listed from $749,000 up to $1,999,599.  This is an average list price of $1,433,600 or $418.76 per sq. ft. of living area.

There is one home under contract.  It was listed for $1,750,000 which is $377.48 per sq. ft. of living area.  This home was on the market for 96 days before going under contract.

In the past 12 months, 1 home has sold in Watersong.  The sales price was $1,920,000 which equals $411.13 per sq. ft. of living area.   This home was on the market for 84 days before going under contract and sold for 97% of list price.

About the Watersong Oceanfront Community on Hutchinson Island

Watersong Oceanfront on Hutchinson Island

The Watersong community on Hutchinson Island in Fort Pierce lies approximately six miles north of the Fort Pierce Inlet and 14 miles south of the Jensen Beach Causeway.  This is a gated oceanfront community that has 92 lots in two rows with the front row being direct oceanfront.  There’s an existing community pool.

Watersong Oceanfront on Hutchinson Island

 Currently (August 2018) the $250.00 a month HOA fee covers the common areas, reserve funds, management fees, and landscaping.  There is also a one-time $6,000 capital contribution for beach renourishment and or replacement that is collected by the Property Owners Association.

Watersong Oceanfront on Hutchinson Island

Existing homes are all two to three stories and range in size from just under 6,000 sq. ft. of living area with 5 bedrooms and 7 bathrooms down to 3,000 sq. ft. homes with 3 bedrooms and 3 bathrooms.

Watersong Oceanfront on Hutchinson Island

There are some excellent opportunities for those wishing to be on the ocean currently available in Watersong.

Watersong Oceanfront on Hutchinson Island

Search for Watersong Oceanfront Homes for Sale

Search for Watersong Oceanfront Lots for Sale

Watersong Oceanfront Market Report February 2019

Hobe Sound FL 33455 Condo Market Report January 2019

02.26.19 by

Hobe Sound FL 33455 Condo Market Report January 2019

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

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

There is currently only 1 active condo listing. (Unchanged from December)

Hobe Sound FL 33455 Condo Market Report January 2019

3 Condos are pending and awaiting close. (Down by 1 condo from December)

Hobe Sound FL 33455 Condo Market Report January 2019

4 Condos sold in January. (Down by 1 condo from December)

Hobe Sound FL 33455 Condo Market Report January 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 0.3 months for January as compared to 0.2 months in December).  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 January 2018 numbers were: 12 active listings, 5 pending sales, and 4 closed sales.  Slightly better activity last year, but there was at least a few more condos available for sale.

Hobe Sound FL 33455 Condo Market Report January 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 January 2019

Heritage Ridge Market Report for February 2019

02.26.19 by

Heritage Ridge Market Report for February 2019

As of February 2019, there are 29 active properties for sale in Heritage Ridge in Hobe Sound, FL.  List prices range from $79,000 up to $289,000.  This is an average list price of $152,855 which equals $119.17 per sq. ft. of living area.

There are 8 homes under contract.  These were listed with prices from $72,000 up to $169,900.  This works out to an average list price of $134,938 or $106.43 per sq. ft. of living area.  The average days on the market before they went under contract was 66.

In the past 12 months, there have been 114 sales in Heritage Ridge.  Sales prices ranged from $45,000 up to $292,500.  This equals an average sales price of $113,654 which works out to $97.50 per sq. ft. of living area.  These homes were on the market for an average of 48 days before going under contract and sold for an average of 95% of list price.

About Heritage Ridge in Hobe Sound:

Heritage Ridge in Hobe Sound

The Heritage Ridge community of Hobe Sound encompasses a number of associations and styles of homes.  From mobile and manufactured homes to villas, townhouses, condos, and single family homes.  The different sections of Heritage Ridge are all anchored by the Heritage Ridge Golf Club.  This is a non-equity course that is open to the public.

Heritage Ridge in Hobe Sound Heritage Ridge in Hobe Sound

The various areas of Heritage Ridge are all controlled by their individual homeowners’ associations and many also pay a fee to the master Heritage Ridge Association.  This wonderful community is located in northern Hobe Sound with quick access to either the beach at Jupiter Island (in Hobe Sound) or to the downtown area of Stuart as well as the amenities in both the Martin County and Jupiter areas of the Treasure Coast.

Heritage Ridge in Hobe Sound Heritage Ridge in Hobe Sound

Some of the sections of Heritage Ridge include Amherst, Brandywine, Bunker Hill, Cambridge, Franklin Wood, Georgetown, Jamestown, Jefferson Corners, Tory Pines, Williamsburg, and Yorktown.

Heritage Ridge in Hobe Sound Heritage Ridge in Hobe Sound

HOA fees vary widely in Heritage Ridge depending on the type of home and subdivision within this community.  The HOA fees run from $78.00 a month in the mobile home and single family home sections up to $350.00 a month for the condo areas and in between for some of the other communities.

Heritage Ridge in Hobe Sound Heritage Ridge in Hobe Sound

Click here to search for available homes in Heritage Ridge

Click here to search for available condos in Heritage Ridge

Hobe Sound real estate is presented for your consideration by Gabe Sanders of Real Estate of Florida.

Heritage Ridge Market Report for February 2019

Hobe Sound FL 33455 Residential Market Report January 2019

02.25.19 by

Hobe Sound FL 33455 Residential Market Report January 2019

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

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

There are currently 246 active listings. (Up by 28 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2019

63 Residential sales are pending and awaiting close  (Up by 13 homes from December)

Hobe Sound FL 33455 Residential Market Report January 2019

26 Homes Sold in January (Down by 13 homes from last month)

Hobe Sound FL 33455 Residential Market Report January 2019

The Hobe Sound Florida Market Report ZIP Code 33455 showed a drop in closed sales and an increase in pending sales on greater inventory.  This segment of the Martin County residential real estate could use some improvement.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 9.5 months (It was 5.6 months in December).  Returning into a buyer’s market for Hobe Sound residential real estate after one month as a seller’s market.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for January 2018 were:  193 active listings, 74 pending sales, and 37 closed sales.  Much better activity last year even though there was less inventory of Hobe Sound homes for sale.

Hobe Sound FL 33455 Residential Market Report January 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 January 2019

Holly Creek February 2019 Market Report

02.25.19 by

Holly Creek February 2019 Market Report

There are 4 homes for sale in Holly Creek in Jensen Beach FL at this time.  These homes are listed from $195,000 up to $259,000.  This is an average list price of $220,500 or $157.69 per sq. ft. of living area.

There is no homes currently under contract in Holly Creek.

In the past 12 months, 13 homes and townhomes have sold in Holly Creek. Sales prices ranged from $165,000 up to $250,000.  This works out to an average sale price of $203,723 which is $136.47 per sq. ft. of living area. These homes averaged 78 days on the market before going under contract and sold for an average of 96% of the listed price.

About Holly Creek in Jensen Beach FL:

Holly Creek in Jensen Beach Florida

This is one of the hidden jewels in Martin County and Jensen Beach. Holly Creek is a small and affordable subdivision located off of Jensen Beach Blvd. Just 2 miles from the Indian River (Intracoastal Waterway) and across the Jensen Beach Causeway to access the pristine waters and beaches of the Atlantic Ocean. Only two miles to the Treasure Coast Mall and surrounding areas for shopping, and just a short bike ride from schools, restaurants, parks and downtown Jensen Beach; Holly Creek is one of the best locations on the Treasure Coast Low fees include professional landscaping.

Holly Creek in Jensen Beach Florida

A large heated pool and two professional tennis courts adjoin the spacious clubhouse that has party and banquet facilities available for residents to use.

Holly Creek in Jensen Beach Florida

Numerous small lakes and lush landscaping make Holly Creek a desirable place to call home or a possible vacation retreat from those cold northern winters.

Holly Creek features 2 bedroom townhomes, 3 bedroom villas, 3 bedroom chalet homes all with a single car garage and additional parking. There are also a limited number of estate homes in the rear of Holly Creek which have 2 car garages, larger floor plans, and individual designs.

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Holly Creek February 2019 Market Report

Kingswood Condo February 2019 Market Report

02.24.19 by

Kingswood Condo February 2019 Market Report

February 2019 Market Report:

There are 5 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $90,000 up to $145,000.  This is an average list price of $108,400 which equals $96.61 per sq. ft. of living area.

There are currently 6 condos under contract with list prices ranging from $75,000 up to $155,000.  This works out to an average list price for these pending sales of $119,967 or $109.57 per sq. ft. of living area.  These condos averaged 19 days on the market before going under contract.

30 condos have sold in the past 12 months.  Sales prices ranged from $65,000 up to $147,500.  The average sales price was $106,287 which works out to $95.23 per sq. ft. of living area.  These condos averaged 105 days on market before going under contract and with sales prices at 95% of list price.

About Kingswood Condos in Stuart FL:

Kingswood Condos in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood Condo February 2019 Market Report

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Kingswood Condo in Stuart FL

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

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Kingswood Condos for Sale

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Kingswood Condo February 2019 Market Report

Danforth in Palm City February 2019 Market Report

02.23.19 by

Danforth in Palm City February 2019 Market Report

As of February 2019:

There are currently 8 active listings for sale in Danforth.  The list prices for these Danforth homes are from $409,000 up to $549,000.  This is an average list price of $466,725 or $169.84 per sq. ft. of living area.

Only 1 home is currently under contract.  This home was listed for $375,000 which equals $181.95 per sq. ft. of living area.  This home was on the market for 19 days before going under contract.

In the past 12 months, 10 homes have sold in Danforth.  The sales prices ranged from a low of $365,000 up to $481,000.  The average sales price was $421,200 or $173.64 per sq. ft. of living area.  These homes averaged 115 days on the market before going under contract and sold at 98% of the list price.

About the Danforth Community in Palm City FL:

Danforth in Palm City Florida

Danforth in Palm City Florida is a wonderful family subdivision with 335 homes of all sizes and shapes with a wonderful family friendly neighborhood feel.  Well located in Palm City off SW Martin Highway and within walking distance of both the Palm City Elementary and Hidden Oaks Middle Schools.  Both of these schools are top rated in the Martin County school system as well as in the State of Florida.

Danforth real estate in Palm City

Many homes are lakefront with beautiful views and a wonderful private feeling, yet this community is within a mile of the new Publix and also close to restaurants and medical facilities.  Easy access to downtown Stuart as well via the new Veteran’s Memorial Bridge from Palm City to Stuart.  Also just a couple of minutes to Florida’s Turnpike for those wishing to either commute or to make a short trip to West Palm Beach or other points just North or South.


Danforth features low HOA fees of $119.00 per month (as of February 2019).  Construction in Danforth was first completed in 1990 with most homes dated from then to the late 1990’s and at least one home completed in 2001.  This planned unit development (PUD) was developed by Danforth Development Inc. and various builders took part in the construction of the homes.  Here is the Danforth Home Owners Association website.  Danforth just added a remote code controlled entry gate system in 2014.

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Palm City Florida Real Estate

Residential Homes, homes and Land
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Danforth in Palm City February 2019 Market Report

 

Jensen Beach FL 34957 Condo Market Report January 2019

02.22.19 by

Jensen Beach FL 34957 Condo Market Report January 2019

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

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

There are currently 120 active listings. (Increased by 10 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2019

25 Condo sales are pending and awaiting settlement. (Up by 7 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2019

18 Condos Sold (Up by 6 condos from December)

Jensen Beach FL 34957 Condo Market Report January 2019

 The Jensen Beach FL 34957 Condo Market Report continues with an increased inventory of available condos for sale.  Both closed and pending sales rose incrementally when compared to last month.

The one-month absorption rate for the January 2019, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 6.7 months (from 9.2 months in December), back into a balanced market after one month in a buyer’s market.  A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The January 2018 numbers were: 119 active listings, 47 pending sales, and 15 condos closed.  There was a much stronger number of pending sales last year while inventory and closed sales are very similar.

Jensen Beach FL 34957 Condo Market Report January 2019

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Jensen Beach FL 34957 Condo Market Report January 2019