Florida Single Family Homes November 2018 Market Report

The Florida Single Family Homes November 2018 Market Report showed some mixed signals when compared to last year. Closed sales was up by 3.0% (was up by 8.5% in October) and new sales under contract (new pending sales) was down by 8.0% (was down by 4.2% in October).

Prices are still continuing to rise for November. The median and average sales prices up by 6.3% and 5.4% respectively, compared to October’s 7.6% and 7.4%.

The inventory of available homes for sale increased by 11.9% from last year. This is now a 4.1 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (November of 2017 had a 3.8 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.

Click here to view or download the full report:

Florida Single Family Homes November 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 Single Family Homes November 2018 Market Report

Dune Walk on Hutchinson Island December 2018 Market Report

01.02.19 by Gabe Sanders

Dune Walk on Hutchinson Island December 2018 Market Report

There are 3 condos available for sale in Dune Walk in December 2018 on Hutchinson Island in Jensen Beach Florida. List prices are from $295,000 up to $399,900. This is an average list price of $336,633 or $328.58 per sq. ft. of living area.

There are 2 condos currently under contract. These condos were listed for $379,000 and $399,000. For an average list price of $389,000 which is $372.61 per sq. ft. of living area. These condos went under contract in an average of 25 days after being listed.

In the past 12 months, 3 condos have sold in Dune Walk. Sales prices ranged from $200,000 up to $317,000. This works out to an average sales price of $264,000 which works out to $268.29 per sq. ft. of living area. These condos averaged 34 days on market before going under contract and sold for an average of 97% of list price.

About the Dune Walk Condos in Jensen Beach FL:

The Dune Walk Condos of Jensen Beach on Hutchinson Island are the two northernmost oceanfront condos on Hutchinson Island in Jensen Beach. These two buildings were completed in 1983 and contain 104 two bedroom, 2 bathroom condos with either 1,044 or 984 sq. ft. of living area under AC.

The Dune Walk Condo feature community amenities of a clubhouse with a full kitchen, exercise room and TV room, pool, BBQ grill, and is a gated with a full security system and on-site manager. The current condo fees are $417.00 a month. These fees cover Common Areas, Common R.E. Tax, Elevator, Fire/Liability Insurance, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Legal/Accounting, Maintenance – Repair, Management Fees, Pest Control, Pool Service, Real Estate Tax, Reserve Funds, Roof Maintenance, Sewer, Trash Removal and Water.

One small pet and rentals with a one-month minimum stay are allowed. For those looking for a private oceanfront retreat, the Dune Walk condos might be the right fit.

Click here to search for available Dune Walk Condos in Jensen Beach FL

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Dune Walk on Hutchinson Island December 2018 Market Report

Hobe Sound FL 33455 Condo Market Report November 2018

01.01.19 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report November 2018

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

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

There are currently 2 active condo listings. (Decreased by 1 condo from October)

8 Condos are pending and awaiting close. (Up by 2 condos from October)

3 Condos sold in November. (Up by 1 condo from October)

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 0.7 months for November as compared to 1.5 months in October). 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 November 2017 numbers were: 15 active listings, 6 pending sales, and 3 closed sales. Similar sales activity when compared to last year but with hardly any inventory of condos for sale.

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

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Hobe Sound FL 33455 Condo Market Report November 2018

Fairway Villas December 2018 Market Report

01.01.19 by Gabe Sanders

Fairway Villas in Indian River Plantation December 2018 Market Report

There is one condo for sale in Fairway Villas on Hutchinson Island in Indian River Plantation for December 2018. The list price is $375,000 which is $326.09 per sq. ft. of living area.

There are no condos currently under contract.

There have been 4 sales in the past 12 months. Sales prices ranged from $270,000 up to $426,500. This equals an average sales price of $371,625 or $234.65 per sq. ft. of living area. These villas sold for an average of 97% of list price and were on the market for an average of 66 days before going under contract.

About Fairway Villas in Indian River Plantation:

Fairway Villas in Indian River Plantation

The Fairway Villas of Hutchinson Island in the Indian River Plantation complex of Stuart consist of 10 smaller one and two story buildings. They are very close to the Marriott Resort and full-service marina in Indian River Plantation. These villas were built in 1978 with most of the condos having magnificent sweeping views of the Indian River Plantation Golf Course and lakes.

Fairway Villas in Indian River Plantation

There are 33 spacious condos with a mix of three bedroom, three bathroom condos of 1,150 sq. ft. and two bedroom two bath condos with 961 sq. ft. of living area. Some of the Fairway Villas units have a detached one car garage while others have assigned parking along with a number of additional guest spaces. This is a pet-friendly building with one large pet permitted. Fairway Villas residents enjoy their own community pool for Fairway Villas resident’s exclusive use.

Fairway Villas in Indian River Plantation

Current condo and management fees are $525 to $575 per month depending on the size of the condo and if the unit has a garage.

Fairway Villas in Indian River Plantation

Click here to view available Fairway Villas Condos or Sale

About the Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings. All styles from Oceanfront to Riverfront and Golf and Tennis villas can be found here. IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.
The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings, and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.
Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Fairway Villas in Indian River Plantation December 2018 Market Report

Hobe Sound FL 33455 Residential Market Report November 2018

12.31.18 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report November 2018

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

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

There are currently 207 active listings. (Up by 13 homes from October)

63 Residential sales are pending and awaiting close (Up by 14 homes from October)

18 Homes Sold in November (Down by 34 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 had a large drop in closed sales for November as compared to last month. Inventory and pending sales rose for the month.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 shot up to 11.5 months (It was 3.7 months in October). Jumping into a strong buyer’s market for Hobe Sound residential real estate. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for November 2017 were: 195 active listings, 52 pending sales, and 32 closed sales. Better sales activity last year.

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

Land Properties

- Land Properties for Sale in Hobe-Sound, Florida Between $0 – $500,000
- Land Properties for Sale in Hobe-Sound, Florida Between $2,500,000 – $3,000,000

Rental Properties

- Rental Properties for Rent in Hobe-Sound, Florida Between $0 – $500,000

Residential Properties

Commercial Properties

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

Hobe Sound FL 33455 Residential Market Report November 2018

The Retreat in Hobe Sound December 2018 Market Report

12.30.18 by Gabe Sanders

The Retreat in Hobe Sound December 2018 Market Report

For the December 2018 there are currently 5 homes on the market in the Retreat of Hobe Sound, ranging in price from $288,900 up to $563,315 for an average price of $398,843 which equals $206.93 per square foot of living area.

There are 4 homes under contract and awaiting sale. List prices were from $292,500 up to $335,000. This equals an average list price of $306,600 which works out to $192.04 per sq. ft. of living area. These homes were on the market for an average of 49 days before going under contract.

In the past 12 months, 26 homes have sold in the Retreat. Sales prices ranged from a low of $249,900 to a high of $493,000. This is an average sales price of $367,915 or 187.03 per sq. ft. of living area. These sales averaged 96% of list price and these homes were on the market for an average of 59 days before going under contract.

This is a beautiful DiVosta master-planned community at the end of Seabranch Ave just west of US-1 in Hobe Sound. The Retreat contains 555 well built CBS homes ranging from 2 BR to 4 BR homes that continue to impress their owners with their functionality and quality DiVosta construction.

Located near Schools, Golf Courses, Shopping, Medical facilities, Beaches, and all the amenities either a family or a second homeowner looks forward to in Florida living. Amenities at the Retreat include a heated community pool, clubhouse, fitness room and tennis courts. Golf course access is right next door at the Lost Lake Golf and Country Club.

The Retreat was a finalist in the Communities of Excellence contest in the communications division. Association volunteers under the direction of the Communications Committee utilize a bimonthly newsletter, website, bulletin boards, community television channel, town hall meetings, resident directory, email blasts, and open board meetings with published minutes to get information to and from the residents. The newsletter is particularly popular. The website provides information of a business nature, with a resident showcase for display of artwork.

HOA fees in the Retreat are approximately $285.00 a month. These fees include Basic Cable, Common Areas, Grounds / Plants, Lawn Care, Management Fees, Manager, Recreational Facilities, Reserve Funds and Trash Pickup.

Currently, some select Retreat Homes are available at very attractive prices.

To view these available Retreat Homes for sale, click here.

Gabe Sanders

Stuart Florida Real Estate

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

The Retreat in Hobe Sound December 2018 Market Report

Vista del Lago December 2018 Market Report

12.29.18 by Gabe Sanders

Vista del Lago December 2018 Market Report

As of December 2018, there are 5 active listings in Vista del Lago in Stuart FL. The list prices ranged from $79,000 up to $129,400 for an average list price of $96,708 which equals $104.27 per sq. ft. of living area.

There are currently 4 condos under contract which have not closed yet. List prices were from $75,000 up to $99,900 for an average list price of $84,950 which works out to $104.92 per sq. ft. of living area. These condos averaged 23 days on market before going under contract.

30 condos have sold in the past 12 months. Sales prices were from a low of $53,250 to a high of $110,000 with the average sales price being $77,987. This equals $91.09 per sq. ft. of living area. The average days on market was 50 and these condos sold on average at 96% of list price.

About Vista del Lago Condos in Stuart FL:

The Vista del Lago condominium complex consists of over 500 condos located north of the Roosevelt Bridge and west of Federal Hwy (US-1) in North Stuart. This attractive complex is very conveniently located near shopping, restaurants and a quick drive to either downtown Stuart or Jensen Beach. Just a few minutes more and you can be on the Ocean in either Stuart or Jensen Beach.

Vista del Lago condos were first built in 1974 and the last one was completed in 1979. All the buildings are two stories and contain both 2 Bedroom, 2 Bath and 1 Bedroom 1 Bath units. Sizes range from 1,014 sq. ft. of living space down to 631 sq. ft. 1 bedroom units. Many of these condos have attractive water views as well as some with golf course views of the Pine Lakes Golf Club.

There’s an active clubhouse with a large swimming pool as well as shuffleboard courts. No pets are permitted in Vista del Lago and this is an age restricted (55+) community. The HOA fees range from the low $200’s for a 1 Bedroom unit to just under $300 per month for 2 Bedroom condos.

Search here for:

Vista del Lago Homes for Sale

Vista del Lago December 2018 Market Report

Jensen Beach FL 34957 Condo Market Report November 2018

12.28.18 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2018

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2018

For November 2018 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 100 active listings. (Increased by 2 condos from October)

24 Condo sales are pending and awaiting settlement. (Up by 2 condos from October)

15 Condos Sold (Down by 2 condos from October)

The Jensen Beach FL 34957 Condo Market Report had an increase in inventory and pending sales along with a decrease in closed sales.

The one-month absorption rate for the November 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 6.7 months (from 5.8 months in October), transitioning into a balanced market for the first time in quite a while. A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The November 2017 numbers were: 106 active listings, 24 pending sales, and 17 condos closed. Very similar activity when compared to last year.

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

Search for Jensen Beach FL Condos Here

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2018

Ballantrae December 2018 Market Report

12.28.18 by Gabe Sanders

Ballantrae December 2018 Market Report

For December 2018 there are 15 active listings in the Ballantrae community in the Sandpiper section of Port St Lucie, FL. List prices range from $214,900 up to $1,195,000. This is an average list price of $433,073 which equals $174.99 per sq. ft. of living area.

There are 5 homes under contract which have not closed to date. List prices were from $299,000 up to $479,900 which averages to $404,260 or $167.45 per sq. ft. of living area. These homes averaged 119 days on market before going under contract.

In the past 12 months, there have been 19 home sales. Sales prices ranged from a low of $198,000 up to $1,350,000 for an average sales price of $370,574 which works out to $151.85 per sq. ft. of living area. Listings stayed on the market for an average of 85 days prior to going under contract and sold at an average of 94% list to sales price ratio.

About Ballantrae in Port St. Lucie:

Ballantrae is a gated community of over four hundred homes located in Port Saint Lucie, Florida. We’re on the North Fork of the Saint Lucie River with direct access to the South Fork of the river which leads to Lake Okeechobee and the Gulf of Mexico. In addition, the Indian River Intracoastal Waterway and access to the Atlantic Ocean via the St. Lucie inlet are both within an easy sail down the river.

There is a newly updated and private Jack Nicklaus Signature golf course, Santa Lucia River Club. This is a par 72 championship course of masterful design that winds through 402 acres of upland preserves, oak hammocks, and stands of mature pines.

In addition to golf and boating, we offer tennis, swimming, fishing, and a Homeowners Community Clubhouse which is the center of many community activities.

View our slideshow of Ballantrae

Search for Ballantrae Homes for Sale

Ballantrae December 2018 Market Report

Jensen Beach FL 34957 Residential Market Report November 2018

12.27.18 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report November 2018

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

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

There are currently 188 active listings. (Up by 7 homes from last month)

44 Residential sales are pending and awaiting close or lender approval. (Down by 3 homes from October)

29 Homes Sold (Decreased by 11 homes from October)

The Jensen Beach FL 34957 Residential Market transitioned into a balanced market on reduced sales activity and an increase in available homes for sale.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 6.5 months ( was 4.5 months in October). Transitioning into a balanced market for Jensen Beach residential segemnt for the first time in quite a while. A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The November 2017 numbers were: 160 active listings, 51 pending sales, and 28 home sales closed. Similar sales activity year to year. Though, for this year, there’s a greater number of available homes for sale.

Jensen Beach FL 34957 Residential Market Report November 2018

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

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

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

Jensen Beach FL 34957 Residential Market Report November 2018

Tennis Villas December 2018 Market Report

12.27.18 by Gabe Sanders

Tennis Villas December 2018 Market Report

As of December 2018, there is only 1 condo for sale in the Tennis Villas of Indian River Plantation on Hutchinson Island in Stuart FL. This condo is listed for $250,000 or $287.03 per sq. ft. of living area.

There are no condos under contract at this time.

5 Tennis Villas condos have sold in the past 12 months. The sales prices ranged from $225,000 up to $262,000. This is an average sales price of $249,200 or $280.98 per sq. ft. of living area. These condos sold for an average of 94% of list price with and were on the market for 142 days prior to going under contract.

About Tennis Villas

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then the Tennis Villas in Indian River Plantation might just be the place for you.

The Tennis Villas are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west. There are 92 units built in 1978 and 1979. They are all two bedroom and two bathroom condos with 871 sq. ft. of living area. The condo association fees are $465.00 per month. This fee covers Basic Cable TV, Common Areas, Elevator, Exterior Electric, Fire/Liability Insur, Grounds / Plants, Insurance-Bldg, Lawn Care, Legal/Accounting, Maintenance Exterior, Pest Control, Pool Service, Recreational Facilities, Reserve Funds, Roof Maintenance, Trash Removal, Water and Sewer. The Tennis Villas are pet-friendly and will allow one pet.

The Tennis Villas are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation. Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

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Tennis Villas Homes for Sale

Tennis Villas December 2018 Market Report

Palm City FL 34990 Condo Market Report November 2018

12.26.18 by Gabe Sanders

Palm City FL 34990 Condo Market Report November 2018

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2018

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

There are currently 89 active condo listings. (Increased by 9 condos from October)

1 Condo sales are pending and awaiting close or lender approval. (Down by 2 condos from last month)

2 Condos Sold in November. (Down by 5 condos from October)

The Palm City FL 34990 condo real estate market remains a fairly small segment of the Martin County condo market. Very slow market activity for November. The sales activity in this market is skewed by two tough condo communities with high equity and association fees that make this market quite challenging.

The current absorption rate for condos in the 34990 zip code area rocketed up to 44.5 months (was 111.4 months in November). An extreme buyer’s market for Palm City condominiums. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The November 2017 numbers were: 85 active listings, 14 pending sales, and 4 closed sales. Better activity last year.

Palm City FL 34990 Condo Market Report November 2018

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

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Stuart Florida Real Estate presented by:
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Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report November 2018

East Lake Village December 2018 Market Report

12.26.18 by Gabe Sanders

East Lake Village December 2018 Market Report

For December 2018 there are 5 active listings in East Lake Village. List prices range from $175,000 up to $219,950. This is an average list price of $188,925 or $109.07 per sq. ft. of living area.

There are 3 homes under contract in East Lake Village which have not closed to date. List prices were from $159,000 up to $185,900 for an average list price of $168,267 which equals $119.69 per sq. ft. of living area. These homes averaged 27 days on the market before going under contract.

In the past year, 43 homes have sold in East Lake Village. Sales prices ranged from $140,000 up to $190,000.
This works out to an average sales price of $161,287 or $109.11 per sq. ft. of living area. These homes sold for an average of 97% of list price and went under contract in an average of 42 days after going in the market.

About East Lake Village in Port St. Lucie:

Located East of US-1 and just to the North of Port St. Lucie Blvd., East Lake Village is a newer community of townhomes and single family homes of many different sizes and floor plans. All of the homes are 2 story with the townhomes attached on at least one side to their neighbor.

Sizes of these homes range from 4 bedroom, 3 and ½ bathroom homes with 2 car garages of over 2,300 sq. ft. of living area down to 2 bedroom, 2 and ½ bathroom townhomes with 1 car garage and 1,350 sq. ft. of living area.

All ages are welcome in East Lake Village. Pets are permitted with some restrictions depending on the section of interest. For the single family homes, 2 large pets are permitted. HOA fees range from $165 a month up to $195 per month, once again depending on the section where the home is located.

Great location close to medical facilities, restaurants and shopping and only about 15 to 20 minutes to the crystal clear waters of the Atlantic Ocean in Jensen Beach FL.

East Lake Village Homes for Sale

For a more complete list of available East Lake Village homes and townhomes please sent us a note or call.

Palm City FL 34990 Residential Market Report November 2018

12.25.18 by Gabe Sanders

Palm City FL 34990 Residential Market Report November 2018

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

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

There are currently 356 active listings (Down by 1 home from September)

99 Residential sales are pending and awaiting close or lender approval. (Down by 7 homes from last month)

66 Homes Sold in September (Up by 7 homes from September)

The Palm City FL, zip code 34990 residential real estate market remains active with greater closed activity this month and a little lower pending activity.

The monthly absorption rate dropped to 5.4 months from 4.9 months in September. Remaining in a sellers market for the Palm City zip code 34990 area for residential sales but drifting towards a balanced market. A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The November 2017 numbers were: 366 active listings, 101 pending sales, and 64 closed sales. Very similar activity as compared to last year.

Are you interested in the value of your Palm City FL home?
Click on this link and fill out the form for an accurate personal evaluation

Search here for Palm City Florida Real Estate for Sale:

Residential Properties

Land Properties

Rental Properties

Rental Properties for Rent in Palm-City, Florida Between $0 – $500,000

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

Palm City FL 34990 Residential Market Report November 2018

Jensen Beach Golf and Country Club December 2018 Market Report

12.25.18 by Gabe Sanders

Jensen Beach Golf and Country Club December 2018 Market Report

There are currently 4 homes and/or villas available for sale in the Jensen Beach Golf and Country Club. List prices range from $349,000 up to $389,000. This is an average list price of $363,000 which equals $216.91 per square foot of living area.

5 homes are under contract awaiting the final sale. List prices were from $340,000 up to $459,900. This works out to an average list price of $390,140 which works out to $197.20 per square foot of living area. These homes averaged 89 days on market before going under contract.

In the past 12 months, 27 homes have sold. The sales prices ranged from $275,000 up to $450,000. This is an average sales price of $341,533 which works out to a price per square foot of $193.10. These homes were on the market for an average of 60 days before going under contract and sold for an average of 97% of list price.

About the Jensen Beach Golf and Country Club:

The Jensen Beach Golf and Country Club in Jensen Beach Florida is one of the most desirable communities on Florida’s Treasure Coast. There are 656 homes and home sites spread out on over 240 acres of wildlife preserve with plenty of privacy and homes from four different builders. Homes began to be constructed in 2000 and new homes from D.R. Horton and Renar Homes have been recently completed. Previous builders included WCI Communities and Engle Homes.

The Jensen Beach Golf and Country Club is home to the Eagle Marsh Golf Course. This is a public course and all are welcome to play. Inexpensive membership plans are available along with dining facilities, a snack bar, and a pro shop. More information about the Eagle Marsh Golf Club can be found on their website.

Homes in the Jensen Beach Golf and Country Club range from smaller 2 BR attached villas of approximately 1300 plus square feet of living area and single car garages to spacious one floor and two-story pool homes of just over 2500 square feet with 3 car garages. In addition to the facilities associated with the Eagle Marsh Golf Club, there are two community pools and an active tennis club with 6 professional courts along with a local pro and active league play.

All of these amenities come at an incredibly attractive HOA fee of around $230 per month and include landscaping, trash pickup as well as basic cable TV service.

The Jensen Beach Golf and Country Club is attractively situated only 2 miles from the Indian River (the Intracoastal Water Way) and quaint downtown Jensen Beach. And, just across the causeway to the public beach of Jensen beach for those wishing to take advantage of the clear waters of the Atlantic Ocean. Less than a mile to the west is the Treasure Coast Mall and the shopping and restaurant corridor of US-1.

For those with children, the ‘A’ rated Jensen Beach High School is within walking distance from the front gate of the Jensen Beach Golf and Country Club.

Here are the currently available homes in the Jensen Beach Golf and Country Club

For any questions you may have about the Jensen Beach Golf and Country Club, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

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

Jensen Beach Golf and Country Club December 2018 Market Report

Stuart FL 34997 Condo Market Report November 2018

12.24.18 by Gabe Sanders

Stuart FL 34997 Condo Market Report November 2018

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2018

For November 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 44 active condo listings (Down by 5 condos from October).

Stuart FL 34997 Condo Market Report November 2018

22 Condo sales are pending and awaiting close (Up by 4 condos from October).

Stuart FL 34997 Condo Market Report November 2018

8 Condos Sold in November (Down by 8 condos from October).

Stuart FL 34997 Condo Market Report November 2018

The Stuart FL condo market for zip code 34997 had lower inventory this month but also weaker closed sales. Though, there was an increase in pending sales.

The absorption rate rose to 5.5 months in November compared to 3.1 months for October. Drifting closer to a balanced market for 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 November 2017 numbers were: 49 active listings, 30 pending sales, and 10 closed sales. Better activity last year.

Search for All Stuart FL Condos Here

Stuart Florida Real Estate presented by:
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Stuart FL 34997 Condo Market Report November 2018

Claridge by the Sea December 2018 Market Report

12.24.18 by Gabe Sanders

Claridge by the Sea December 2018 Market Report

There is currently one condo for sale in Claridge by the Sea. It is listed for $1,265,000 which is $412.19 per sq. ft. of living area.

There are no condos currently under contract which has not sold yet.

There have been 2 condo sales in Claridge By the Sea in the past 12 months. The sales prices were $1,000,000 and $1,100,000. This works out to an average sales price of $1,050,000 or $342.13 per sq. ft. of living area. These condos averaged sales at 90% of list price and days on market were 314 prior to going under contract.

About Claridge by the Sea Luxury Condos in Jensen Beach:

Claridge by the Sea on Hutchinson Island in Jensen Beach is the premier luxury condo building and also the newest in the area. Completed in 2003, this 11 story building features only two spacious homes per floor. Private elevators whisk you directly into your spacious over 3,000 square foot home with 3 bedrooms, 4.5 bathrooms, plus office. Each unit comes with spectacular balconies with gorgeous ocean views. Each home comes with a private 2 car garage.

There’s an open clubhouse area and fitness center on the first floor as well as a heated pool and spa with private beach access. There are two detached guest apartments that can be reserved for visiting guests by any of the building’s residents.

1 medium pet is allowed in Claridge by the Sea and rentals are also allowed with some restrictions. The condo fees at this time are $1,500 per month.

For those with a desire to live in the ultimate luxurious space on Hutchinson Island in Jensen Beach, FL, Claridge by the Sea may just be the right one.

Click on this link to view any available Claridge by the Sea Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Claridge by the Sea December 2018 Market Report

Miramar Condos December 2018 Market Report

12.23.18 by Gabe Sanders

Miramar Condos December 2018 Market Report

This report includes all Miramar Buildings on Hutchinson Island in Jensen Beach Miramar, Miramar II, and Miramar Royale.

There are 4 Miramar condos on the market on Hutchinson Island. List prices range from $295,000 up to $550,000. This is an average list price of $456,000 which works out to $298.55 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 7 Miramar Condos have sold. Sales prices ranged from a low of $320,000 up to $520,000. This works out to an average sales price of $403,571 or $273.03 per sq. ft. of living area. These condos sold for an average of 94% of list price and went under contract 48 days on average from the list date.

About The Miramar Condos in Jensen Beach:

The Miramar Condo building is located north of the Jensen Beach Causeway and consists of one oceanfront 11 story building completed in 1981 and contains 62 condos. All the residences are 2 bedroom and 2 baths with units either having 1,264 or 1,154 sq. ft. of living area. The larger units are the corner condos.

Miramar has cousin condos located just to the north. These are the Miramar Royale and Miramar 2 buildings. Please click here to see these condos.

The Miramar has an oceanfront pool as well as a large first-floor social area with kitchen and bar and a fitness room. Current condo fees are $565 per month for the Miramar building and $665 per month for Miramar II. These fees cover Basic Cable, Common Areas, Elevator, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Pest Control, Pool Service, Recreational Facility, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water. Pets are not allowed in the Miramar, but rentals with some minimum stay restrictions are allowed.

Let us know if you’d like to see some condos in the Miramar.

About The Miramar Royale & Miramar II Condos in Jensen Beach:

The Miramar Royale and Miramar II Condo buildings are located north of the Jensen Beach Causeway and consist of two oceanfront 20 story buildings. The Miramar II was completed in 1984 and the Miramar Royale was finished in 1990 and has the added benefit of 22 covered garages.

All the residences have 2 bathrooms and there are both 3 bedroom and 2 bedroom condos. Interior sizes range from 1,703 down to 1,411 sq. ft. of living area (under A.C.).

Just to the south of Miramar Royale and Miramar II is the original Miramar condo building. Please click here to see these condos.

There is a gated entrance with the following amenities: pool, table tennis, exercise room, sauna, billiards, social room, & grilling area Current condo fees (as of December 2018) range from $630 up to $670 per month, depending on the size and which building the condo is in. Pets are not allowed in the Miramar II but are welcomed in the Miramar Royale (under 30 lbs. only). Both buildings will allow rentals with some minimum stay restrictions.

Here are the currently available Miramar Royale and Miramar II Condos for sale

Here are the currently available Miramar Condos for sale

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 Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Miramar Condos December 2018 Market Report

Resort Villas December 2018 Market Report

12.22.18 by Gabe Sanders

Resort Villas December 2018 Market Report

For December 2018 there are no condos available for sale in Resort Villas in the Indian River Plantation on Hutchinson Island in Stuart FL.

There are 2 condos under contract waiting to close. The list prices were $415,000 and $429,000. This works out to an average list price of $422,000 or $451.16 per sq. ft. of living area. These condos averaged 21 days on the market before going under contract.

In the past 12 months, 4 Resort Villas condos have sold. Sales prices ranged from $250,000 up to $450,000. This is an average sales price of $392,500 which works out to $453.85 per sq. ft. of living area. These condos sold for an average of 94% of list price and went under contract in an average of 132 days after being listed.

About Resort Villas in Indian River Plantation in Stuart Florida:

Resort Villas in Indian River Plantation in Stuart Florida

The Resort Villas of Indian River Plantation consists of two four-story oceanfront elevator buildings that were built in 1977. Each building consists of 40 condos with both 2 bedroom and 2 baths and 1 bedroom 1 bath. Sizes range from 975 sq. ft. for the 2 bedroom condos to 650 sq. ft. for the 1 bedroom. The buildings are called the Spoonbill and the Pelican.

Resort Villas in Indian River Plantation in Stuart Florida

The Resort villas condos are very desirable because of the liberal rental rules allowing weekly rentals, making these condos an excellent investment opportunity, with many unit owners renting these for a few months during the high season to pay expenses and having the remainder of the year for their own use.

Resort Villas in Indian River Plantation in Stuart Florida

The management and condo fees are $455.00 per month. There is limited under building parking for some owners and reserved parking spaces for all. A heated beachside pool is also available for exclusive use of the Resort villas residents. This is a pet-friendly building allowing for up to two large dogs.

Resort Villas in Indian River Plantation in Stuart Florida

And, access to all the wonderful amenities of the Hutchinson Island Marriott resort in Indian River Plantation (details below).

Search here for Resort Villas Condos for sale

The Marriott Resort at Indian River Plantation Features:

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Resort amenities also include three heated pools with sundecks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

Additional Indian River Plantation Condos you may wish to consider:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – River Village – Riverbend – Riverwood – Tennis Villas

Resort Villas December 2018 Market Report

Stuart FL 34997 Residential Market Report November 2018

12.21.18 by Gabe Sanders

Stuart FL 34997 Residential Market Report November 2018

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2018

For November 2018 in the 34997 Zip Code area of Stuart, Florida:

There are currently 322 active listings (Increased by 6 homes from October).

126 Residential sales are pending and awaiting close or lender approval (Up by 3 homes from October).

61 Homes Sold in November (Decreased by 2 homes from October)

The Stuart Florida Residential Market for ZIP Code 34997 showed reduced activity from last month and an increase in inventory.

The absorption rate rose to 5.3 months (was 5.0 months for October). Still a seller’s market for the 34997 zip code area of Stuart for November 2018 but trending towards a balanced market. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.

The 2017 numbers for November, were: 285 active listings, 138 pending listings, and 70 closed sales. Better activity last year on a reduced number of homes for sale.

Stuart FL 34997 Residential Market Report November 2018

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Search here for 34997 Zip Code of Stuart FL real estate for sale

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Claridge by the Sea December 2018 Market Report

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Resort Villas December 2018 Market Report

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