Spinnaker Point February 2019 Market Report

02.11.19 by

Spinnaker Point February 2019 Market Report

There are 2 homes for sale in Spinnaker Point on Hutchinson Island in February 2019.  These homes are listed for $924,900 and $1,695,000.  This equals an average list price of $1,309,950 which equals $450.99 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, only 1 Spinnaker Point home has sold.  This home sold for $1,225,000 or $358.08 per sq. ft. of living area.  It was on the market for 150 days before going under contract and sold for 82% of list price.

About SpinakerPoint on Hutchinson Island:

Spinnaker Point on Hutchinson Island

Spinnaker Point on Hutchinson Island is easy to miss when driving buy on Highway A-1-A in Stuart FL.  But, it is one of the gems for those who want both river and ocean access.  This gated community has 12 homes west of the road and 2 lots that have yet to be built upon on the ocean side.

Spinnaker Point on Hutchinson Island

Four of these homes enjoy being on the Intracoastal Waterway (also known as the Indian River) and have deeded docks with ocean access (no fixed low bridges) through the Saint Lucie Inlet just a little under 5 miles south. The remaining 8 homes have access to the community pier and a few have deeded docks as well.

Spinnaker Point on Hutchinson Island

All the homes are built in the Key West style and were built between 1991 and 2001.  Home sizes range from a 3 bedroom, 2 bathroom home with a 2 car garage up to a 5 bedroom, 6 bathroom home with a 2 and ½ car garage.  There is deeded access to the ocean with a boardwalk leading over the dunes.  All ages and pets are permitted in Spinnaker Point.  The HOA fee is $250.00 per month.

Spinnaker Point on Hutchinson Island

School-age children attend the Felix A Williams elementary school, Stuart middle school, and Jensen Beach high school.

Spinnaker Point on Hutchinson Island Spinnaker Point on Hutchinson Island

Located approximately half way between the Stuart and Jensen beach causeways making it easy to enjoy the restaurants, shopping, and amenities that both areas have to offer.

Spinnaker Point homes do not come on the market often, so click on the following link to see if any are currently available:

Homes for Sale in Spinnaker Point on Hutchinson Island


View all of our Listings

Stuart FL Real Estate is presented by:
Gabe Sanders, Real Estate of Florida

Spinnaker Point February 2019 Market Report

Gull Harbor February 2019 Market Report

02.10.19 by

Gull Harbor February 2019 Market Report

There is 1 home currently for sale in Gull Harbor in Palm City FL.  The list price is $1,398,000 or $474.54 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, there have been 3 sales in Gull Harbor.  Sales prices ranged from $385,000 up to $1,275,000.  This works out to an average sales price of $745,000 which equals $313.18 per sq. ft. of living area.  These sales prices averaged 95% of list price and were on the market for an average of 40 days before going under contract.

About Gull Harbor Real Estate in Palm City FL

Gull Harbor Real Estate in Palm City FL

The Gull Harbor community of Palm City consists of mostly waterfront homes on the shores of the South Fork of the Saint Lucie River as well as an exceptionally wide and deep canal off the river.  This is a non-gated neighborhood with 43 homes and no HOA or deed restrictions.  Of these 43 homes, only 4 do not have access to a dock in their backyards.

Gull Harbor real estate in Palm City FL

The first home built in Gull Harbor was in 1961 and the last was completed in 2014.  There is one residential lot left in Gull Harbor that has not been built upon.  Homes range in size from as small as just over 1,300 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to a 5 bedroom, 3 bathroom home with just under 5,000 sq. ft. of space for living area.

Gull Harbor real estate in Palm City FL

Children attend Bessey Creek Elementary, Hidden Oak Middle and Martin County High Schools.  All of which are considered to be excellent schools in Florida.

Gull Harbor real estate in Palm City FL

Gull Harbor lies just east of Mapp Rd (North of Martin Downs Blvd), see the map below.  Very convenient location with easy access to downtown Stuart, FL or Florida’s Turnpike for commuters and with many choices for shopping, entertainment and other amenities close by.

Click on this link to search for available Gull Harbor Homes for Sale

Four Winds on the River Condo February 2019 Market Report

02.09.19 by

Four Winds on the River Condo February 2019 Market Report

There is 1 condo currently available for sale in Four Winds on the River in Stuart FL.  It is listed for $229,740 or $170.18 per sq. ft. of living area.

There are no condos under contract and awaiting sale.

In the past 12 months, 2 condos have sold in Four Winds.  These condos sold for $23,000 and $346,500.  This works out to an average sales price of $289,750 which works out to $180.24 per sq. ft. of living area.  These condos sold for an average of 99% of the list price and were on the market for an average of only 18 days before going under contract.

About Four Winds on the River in Stuart FL:

Four Winds on the River Condo in Stuart FL

A wonderful small condo community on the shores of the wide Saint Lucie River in Stuart, FL.   The Four Winds on the River condo complex was built in 1981.   There has been some major updates and upgrades in recent years.  Only 39 units with the availability of two guest suites if needed by residents.  All of these condos are 2 BR with the exception of 1 one bedroom unit.  Sizes are very generous from 1,900 to 1,350 sq. ft. of living area.

Four Winds on the River in Stuart FL

Four Winds on the River real estate Four Winds on the River real estate

There are ocean access docks suitable for up to a 50′ vessel available for lease.  A large riverfront clubhouse with kitchen and ample common areas for events, get-togethers or large parties.  Two tennis courts and a heated swimming pool.  Four Winds on the River has covered carports for each condo along with ample guest parking.  Four Winds on the River is a gated community and the common areas are shared with the small and exclusive community of Snug Harbor West.

Four Winds on the River real estate Four Winds on the River real estate

The location is exceptional as it is only minutes to the beaches, shopping, medical facilities and downtown Stuart.

Four Winds on the River real estate Four Winds on the River real estate

Search for all Four Winds on the River Condos for Sale


View all of our Listings

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

Four Winds on the River Condo February 2019 Market Report

Sewalls Point Single Family Market Report January 2019

02.08.19 by

Sewalls Point Single Family Market Report January 2019

Sewalls Point Real Estate Snapshot, Residential Sales for January 2019

There are currently 76 active listings (Up by 7 home from last month)

Sewalls Point Single Family Market Report January 2019

17 home sales are pending and awaiting close or lender approval (Up by 8 homes from December)

Sewalls Point Single Family Market Report January 2019

5 Homes sold in December (Unchanged from December)

Sewalls Point Single Family Market Report January 2019

The single-family real estate market in Sewalls Point had a large increase in inventory and with pending sales.  Hopefully, this will translate to more closed sales in the near future.

The absorption rate rose to 15.2 months, in December it was 13.4 months.  Still a buyers market for Sewalls Point but trending in the right direction.  A 6 to 7-month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to December 2018, the inventory was 50 homes on the market, 10 pending sales and there were 6 closed sales.  Considerably greater inventory this year with fewer sales, but better-pending activity.

Sewalls Point Single Family Market Report January 2019

 Search below for Sewalls Point Florida Real Estate for Sale

Rental Properties

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report January 2019

 

Anglers Cove Condos February 2019 Market Report

02.08.19 by

Anglers Cove Condos February 2019 Market Report

There are currently 4 Anglers Cove condos available for sale.  List prices are from $269,900 up to $399,900 for an average list price of $331,175 which equals $215.98 per sq. ft. of living area.

There are no condos under contract at this time in Anglers Cove.

In the past 12 months, there have been 4 sales.  Sales prices ranged from $245,000 up to $295,000 for an average sales price of $270,000 which works out to $241.93 per sq. ft. of living area.  The list to sales prices averaged at 95%.  These condos averaged 38 days on market before going under contract.

(Please consider that some condos in Anglers Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

About Anglers Cove on Hutchinson Island in Stuart FL:

Anglers Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings and 64 units surrounding a man-made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Angler Cove on Hutchinson Island in Stuart FL

Most first floor units offer dockage just steps outside the living area.  Some second-floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full-time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Angler Cove Condos on Hutchinson Island

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida getaway for those cold winters up north!

Angler Cove on Hutchinson Island in Stuart FL

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

Search for all Anglers Cove Condos for Sale

the Gabe Sanders real estate team

Stuart Florida Real Estate

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

Anglers Cove Condos August 2016 Market Update

North River Shores February 2019 Market Report

02.07.19 by

North River Shores February 2019 Market Report

The North River Shores February 2019 Market Report for Stuart Florida:

There are currently 3 active listings in North River Shores.  List prices range from $619,000 up to $748,700.  The average list price is $672,533 which equals $258.65 per square foot of living area.

1 home is under contract (pending sale).  This home was listed for $1,145,000 or $428.84 price per sq. ft. of living area.  This home was on the market for 154 days before going under contract.

In the past 12 months, 29 homes have sold in North River Shores at an average sales price of $524,991 or at $223.70 per square foot of living area. Sales prices ranged from a low of $280,000 up to $1,175,000 and sales averaged 96% of the list price.  These homes were on the market for an average of 98 days prior to accepting the offers that lead to the sale.

About North River Shores in Stuart FL:

 North River Shores in Stuart FL

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.  There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.

North River Shores in Stuart FL

 This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peaceful neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.  For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders.

North River Shores

North River Shores
Search here for available homes in North River Shores

Find the Perfect Home for Sale Today

courtesy of:
the Gabe Sanders real estate team

Stuart Florida Real Estate

North River Shores February 2019 Market Report

Hunters Creek Palm City February 2019 Market Report

02.06.19 by

Hunters Creek Palm City February 2019 Market Report

Currently, for February 2019, there is only one home on the market in Hunters Creek in Palm City, FL.  This home is listed for $344,900 which is also $183.36 per sq. ft. of living area.

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

There have been 6 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $320,000 up to $460,000 for an average sales price of $402,000 which equals $174.54 per sq. ft. of living area.  These homes sold on average of 96% of the last listed price and were under contract on an average 131 days after being listed.

About Hunters Creek in Palm City FL:

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

Hunters Creek in Palm City FL

HOA fees are very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club.  There is quick access to Florida’s Turnpike and I-95.  Also, just a few minutes away from the Palm City Bridge with access to downtown Stuart, Jensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

View Our Featured Listings!

Palm City Florida Real Estate presented by:

the Gabe Sanders real estate team

Hunters Creek Palm City February 2019 Market Report

St Lucie County Townhouses and Condos December 2018 Market Report

02.05.19 by

St Lucie County Townhouses and Condos December 2018 Market Report

The St Lucie County Townhouses and Condos December 2018 Market Report had weaker activity when compared to last year but remains an active market.  Closed sales were down by 22.0% from last year (was down by 11.2% in November) while new pending sales were unchanged for December (were up by 1.1% in November).

Prices were mixed for the month.  The median price increased by 22.4% from last year (was down by 10.3% in November) while the average sales price decreased by 6.9% (was down by 7.7% in November).

The inventory of available townhouses and condos increased by 7 units from last month to 554 units, which is 7.4% greater than December 2017. The current inventory is 5.4 months, which is 5.9% greater than the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a seller’s market though it appears to be drifting towards a balanced market. Typically a 6 to 7-month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2018 Market Report

Click here to view or download the full report:
St Lucie 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.

 

St Lucie County Townhouses and Condos December 2018 Market Report

Whispering Sound Palm City February 2019 Real Estate Market Report

02.05.19 by

Whispering Sound Palm City February 2019 Real Estate Market Report

 There are 2 homes for sale in Whispering Sound in February 2019.  These homes are listed for $221,000 and $245,000.  This is an average list price of $233,000 or $140.26 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 13 homes have sold in this Whispering Sound. Sales prices ranged from a low price of $197,500 up to a high of $240,000 for an average sales price of $223,954 which equals $139.61 per sq. ft. of living area.  These sales average 96% list to sales price ratio and went under contract in an average of 44 days.

About Whispering Sound in Palm City FL:

Whispering Sound in Palm City FL

Whispering Sound Palm City

Whispering Sound is a gated age restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

Whispering Sound in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two car or one car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

Whispering Sound Homes for Sale in Palm City FL

Clubhouse of Whispering Sound Homes for Sale in Palm City FL

This active 55+ community boasts of an active clubhouse with heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

Search for all Whispering Sound Homes for Sale in Palm City FL


View all of our Listings

 

Palm City Real Estate is presented by:
the Gabe Sanders realty team

Whispering Sound Palm City February 2019 Real Estate Market Report

St Lucie County Single Family Homes December 2018 Market Report

02.04.19 by

St Lucie County Single Family Homes December 2018 Market Report

St Lucie County Single Family Homes December 2018 Market Report had weaker sales activity when compared to last year. Closed sales were down by 17.2% (in November they were up by 4.2%) and new sales under contract (new pending sales) decreased by 7.2% (they was down by 12.6% last month).

Prices. though, continued to rise.  The median sales price was up by 5.5% (was up by 1.4% in November).  The average sales price was up by 6.6% (it was down by 0.8% in November).

The number of available home listings decreased by 41 homes to 1,915 homes.  This inventory is 20.8% higher than last year.  The current supply of homes is 4.2 months (it was 3.4 months last year).  The St Lucie County single family home market remains in a sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2018 Market Report

Click here to view or download the full report:
St Lucie 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.

 

St Lucie County Single Family Homes December 2018 Market Report

Foxwood Stuart FL February 2019 Market Update

02.04.19 by

Foxwood Stuart FL February 2019 Market Update

As of February 2019, there are 2 homes on the market in the Foxwood equestrian community in Stuart, FL.  List prices are $449,000 and $625,000.  This is an average list price of $537,000 or $152.31 per sq. ft. of living area.

There are no homes under contract at this time.

In the past 12 months, there were a total of 6 sales in this sought after Stuart community.  Sales prices ranged from $350,000 up to $600,000 for an average sales price of $472,583 which equals $182.58 per sq. ft. of living area.  These sales averaged a sales price of 94% of the last list price and took an average of 79 days on the market before going under contract.

About Foxwood in Stuart FL:

Foxwood Equestrian in Stuart FL

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood Equestrian in Stuart FL

Association fees are a very reasonable $35 per month.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association website: Foxwood Property Association of Stuart Florida

Foxwood Equestrian in Stuart FL

Construction of homes in Foxwood began in 1978.  Four phases of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood Equestrian in Stuart FL

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

Search the Martin County MLS

For more information about this and other Martin County communities contact:
Gabe Sanders

Stuart Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Foxwood Stuart FL February 2019 Market Update

Harbour Pointe Palm City February 2019 Real Estate Market Report

02.03.19 by

Harbour Pointe Palm City February 2019 Real Estate Market Report

For February 2019 there are 2 homes for sale in Harbour Pointe.  List prices are $354,000 and $489,799 for an average list price of $421,900 or $148.03 per square foot of living area.

There is one Harbour Pointe home currently under contract.  This home was listed for $379,900 which equals $180.65.  This home was on the market for 141 days prior to going under contract.

10 homes have sold in the past 12 months with sales prices from $375,000 up to  $490,000.  The average sales price was $410,850 which works out to $173.64 per square foot of living area.  These homes sold for an average of 97% list price and averaged 67 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe in Palm City FL

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

Search the Martin County MLS

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City February 2019 Real Estate Market Report

 

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