Empress Condos on Hutchinson Island November 2018 Market Report

11.12.18 by

Empress Condos on Hutchinson Island November 2018 Market Report

For November 2018, there are 2 condos currently available for sale in the Empress Condos of Hutchinson Island.  The list prices are $369,900 and $375,000.  This is an average list price of $372,450 or $286.72 per sq. ft. of living area.

There are no Empress Condos currently under contract.

In the past 12 months, 4 Empress condos have sold.  Sales prices ranged from $320,000 up to $440,000.  This is an average sales price of $366,250 which works out to $281.95 per sq. ft. of living area.  These condos sold for 95% of list price on average and when under contract in an average of 53 days.

About the Empress on Hutchinson Island in Jensen Beach:

Empress Condos on Hutchinson Island

The Empress of Jensen Beach on Hutchinson Island is an upscale 15 story oceanfront condo building with 115 residences that was completed in 1988.  Located just a couple of miles north of the Jensen Beach Causeway, the Empress is just a short drive to downtown Jensen as well as various shops and restaurants available on Hutchinson Island.

The Empress Condos of Hutchinson Island The Empress Condos of Hutchinson Island

There are various sizes and configurations of condos in the Empress ranging from a  2 very spacious 4 bedroom, 3 bathroom units of 2,804 sq. ft. of living area, along with 3 bedroom, 2 bath units of 1,505 sq. ft. with the remainder 2 bedroom, 2 bathroom condos of either 1,500 or 1,299 sq. ft. of living area.

The Empress Condos of Hutchinson Island The Empress Condos of Hutchinson Island

There is ample assigned and guest parking plus an additional 40 covered detached garages which can be bought and sold between Empress residents.  Other community amenities include pool, Jacuzzi, sun deck, card room, clubhouse with kitchen, ping pong, billiards, exercise room, sauna, tennis courts, golf practice net, car wash area and dune walk to the beach.

The Empress Condos of Hutchinson Island The Empress Condos of Hutchinson Island

1 small pet under 20 lbs. is allowed and rentals are also allowed with some restrictions.  As of this writing condo fees ranged from $550 to $600 per month depending on the size of the unit.  Garage owners have some additional fees.

The Empress Condos of Hutchinson Island

Looking for a carefree oceanfront lifestyle on Hutchinson Island in Jensen Beach?  The Empress Condos might just be the right choice.

Click here for currently available Empress Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you November wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – 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

Empress Condos on Hutchinson Island November 2018 Market Report

River Marina November 2018 Market Report

11.11.18 by

River Marina November 2018 Market Report

For November 2018, there are 9 homes available for sale in River Marina in Stuart FL.  4 of these are single family homes and 5 are townhomes and range in price from $205,000 up to $479,990 for an average price of $300,061 or $146.29 per sq. ft. of living area.

There are 4 homes under contract (all are townhomes).  List prices were from $196,000 up to $239,900 for an average of $222,075 which equals $137.48 per sq. ft. of living area.  These homes went under contract in an average of 16 days after going on the market.

In the past 12 months, 23 homes have sold in River Marina (7 single family homes and 16 townhomes).  Sales prices ranged from $185,000 up to $369,500.  The average sales price was $250,326 which works out to $139.68 per sq. ft. of living area.  These homes sold on average for 97% of listing price and were under contract in an average of 71 days on market.

About River Marina in Stuart FL:

River Marina real estate in Stuart FL

River marina is a newer community consisting of 84 single family homes built from 2006 to 2008 ranging in size from 3 BR, 1600 sq. ft. homes to 5 BR homes with 3,380 sq. ft of living area. 14 of these homes are waterfront with Ocean access through the South Fork of the Saint Lucie River. The single-family homes in River marina are in a gated enclave.

River Marina real estate in Stuart FL

Also available are newer townhomes in a non-gated area. Currently, only about 47 townhomes have been built with plans for a total of approximately 220 units. Both 2 and 3 Bedroom townhomes are available with 1627 sq. ft. of living area and a 1 car garage. There’s a community pool and easy access to recreational areas.

River Marina real estate in Stuart FL

As of early 2016, construction has resumed for River Marina townhomes by Lennar Homes.  These new townhomes feature 3 bedrooms, 2 and 1/2 bathrooms and a single car garage with granite counter tops and stainless steel appliances.   Priced attractively in the very low $200’s.  For a new buyer discount program, please contact Gabe Sanders for details.

River Marina in Stuart FL

HOA fees for the townhomes are only $110 per month while the single-family homes have a $126 a month fee.  

River Marina real estate in Stuart FL

Search for homes and townhomes for sale in River Marina

River Marina November 2018 Market Report

Springtree Stuart FL November 2018 Market Report

11.10.18 by

Springtree Stuart FL November 2018 Market Report

For November 2018 there are two homes available to purchase in Springtree.  The list prices for these homes are $275,000 and $327,500 for an average list price of $301,250 which also equals $159.47 per sq. ft. of living area.

There is 1 home under contract in Springtree.  The last list price was $329,900 or $181.66 per sq. ft. of living area. This home was on the market for 48 days prior to going under contract.

5 Springtree homes have sold in the past 12 months.  Sales prices ranged from $242,000 up to $325,000 for an average sales price of $278,200 which equals $164.37 per sq. ft. of living area.  Sales prices averaged 97% of list price and these homes took an average of 32 days to go under contract.

About the Springtree Community in Stuart FL:

Springtree Entrance - Stuart Florida real Estate

Springtree is a beautiful small development just west of US 1 in Stuart, Florida. Conveniently located between Indian Street and Salerno Road, Springtree is close to shopping, restaurants, beaches and easy access to I-95 for commuters. This community is a wonderful family neighborhood and in the Martin County ‘A’ rated school district, with Pinewood Elementary, Stuart Middle and Martin County High.

Springtree - Stuart Florida Homes for Sale

Engle Homes completed this community between the years of 2000 and 2003. This is a gated community with a lighted lake and fountain as the centerpiece of the community.  Low HOA fees of approximately $120. month make this an affordable community.   Many homes boast wonderful private lakeside views. Springtree also has a number of preserve areas as well as a playground to keep the tots occupied.

Springtree - Homes for Sale in Stuart Florida

Search here for any available Springtree Homes for Sale

For any questions you may have about Springtree Stuart FL November 2018 Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate
Residential Homes, Condos, and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Springtree Stuart FL November 2018 Market Report

Florida Single Family Homes 2018 3’rd Quarter Report

11.09.18 by

Florida Single Family Homes 2018 3’rd 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 3’rd Quarter 2018.

Florida Single Family Homes 2018 3'rd Quarter Report

The third quarter for 2018 showed continued positive activity when compared to last year 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 3’rd Quarter Report

St Lucie County Townhouses and Condos September 2018 Market Report

11.08.18 by

St Lucie County Townhouses and Condos September 2018 Market Report

The St Lucie County Townhouses and Condos September 2018 Market Report had mixed sales activity when compared to last year but remains an active market.  Closed sales were down by 3.7% from last year (was up by 32.7% in August) while new pending sales were up by 5.3% for September (was down by 5.1% in August).

Prices took an unexpected large jump for the month.  The median price increased by 31.6% from last year (was down by 11.0% in August) while the average sales price increased by 38.6% (was up by 19.6% in August).

The inventory of available townhouses and condos increased by 13 units from last month to 506 units, which is 16.6% greater than September 2017. The current supply is 4.8 months, which is 6.7% more than the 4.5 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 September 2018 Market Report

Click here to view or download the full report:
St Lucie County Townhouses and Condos September 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 September 2018 Market Report

Stuart West Palm City November 2018 Market Report

11.08.18 by

Stuart West Palm City November 2018 Market Report

There are currently 4 homes for sale in Stuart West.  List prices range from $558,000 up to $849,900. This is an average price of $725,475 which is $189.67 per sq. ft. of living area.

There is 1 home currently under contract. This home was listed for $719,000 or $256.24 per sq. ft. of living area. And, was on the market for 40 days prior to going under contract.

In the past 12 months, 10 homes have sold in Stuart West.  Sale prices ranged from $464,900 up to $800,000.  This works out to an average sale price of $640,390 which equals a per sq. ft. of living area $196.89.  These homes sold for an average of 94% of list price and averaged 83 days on the market.

About Stuart West in Palm City FL:

 Stuart West in Palm City FL

Stuart West is an upscale gated equestrian community located adjacent to the Stuart West and the Fox Club in western Palm City.  Just off the I-95 exit, Stuart West is an easy commute for those who work either south or north of Martin County, yet want to enjoy the superior amenities that Palm City has to offer.

Stuart West in Palm City FL

Stuart West resides on over 1,000 acres of pristine land with 249 home sites ranging from 2 to over 10 acres.  There are over 11 miles of waterways located throughout the community which makes for an idyllic setting for this family-friendly equestrian community.

Stuart West in Palm City FL

Community amenities include a playground, community boat ramp to the C-23 canal, a 10-acre equestrian center, 24 hour manned security gate (shared with Cobblestone) and security patrols, and an underground cable and routing system for the best high-end internet connectivity.  All of this in Martin County’s ‘A’ rated school system.  And school bus service is provided inside the community.

Stuart West in Palm City FL

Currently, Stuart West’s children attend Citrus Grove Elementary, Hidden Oaks Middle and South Fork High Schools.

Home construction started in Stuart West in 1984 and continues to this day with approximately 52 vacant lots yet to be built upon.  Though many of these lots are being kept as pastures by the adjacent homeowners.   Home sizes range from 3 Bedroom, 2 Bath homes of around 2,000 sq. ft. of living area all the way to 7 Bedroom, 5 Bathroom estates with over 5,500 sq. ft. under air.  The HOA fee is a very reasonable $121 per month which covers security and all the amenities this wonderful community has to offer.

Stuart West in Palm City FL

More information about Stuart West can be found on their property owners’ website here.

Stuart West Homes for Sale

Search for Martin County Real Estate

Vacant Land for Sale in Stuart West

Stuart West Palm City November 2018 Market Report

St Lucie County Single Family Homes September 2018 Market Report

11.07.18 by

St Lucie County Single Family Homes September 2018 Market Report

St Lucie County Single Family Homes September 2018 Market Report continued to show strong sales activity when compared to last year.  Closed sales were up by 10.1% (in August they were up by 14.1%) and new sales under contract (new pending sales) increased by 33.1% (they were down by 5.8% last month).

Prices also continued to rise.  The median and average sales prices up by 12.2% and 5.5% respectively from last September (For August these numbers were up 9.8% and 8.7%).

Active listings increased by 101 homes up to 1,734 homes.  This inventory is 10.8% higher than last year.  The current supply of homes is  3.7 months (was 3.6 months for August) and 3.5 months for last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes September 2018 Market Report

Click here to view or download the full report:
St Lucie County Single Family Homes September 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 September 2018 Market Report

River Forest November 2018 Market Report

11.07.18 by

River Forest November 2018 Market Report

As of November 2018, there are 4 homes for sale in River Forest.  List prices range from $285,000 up to $329,900. This is an average list price of $307,450 which equates to $167.51 per sq. ft. of living area.

There are 3 homes currently under contract awaiting settlement.  The list prices of these homes ranged from $265,000 up to $289,900. This is an average list price of $279,933 which equates to $179.44 per sq. ft. of living area. These homes averaged only 3 days on the market before going under contract.

In the past 12 months, 11 homes have sold in River Forest.  Sales prices ranged from $260,000 up to $350,000 for an average sales price of $289,708 which equals $163.98 per sq. ft. of living area.  Sales averaged 97% of list price and the average time on the market before going under contract was 50 days.

About River Forest in Stuart FL:

River Forest in Stuart Florida

Located in a peaceful corner of western Stuart, River Forest is a beautiful community filled with modern, well-built family homes. The community features a clubhouse, pool, playground and fitness center! Have a boat? You can enjoy the boat ramp that is located within the community and easy access to the St. Lucie River. River Forest is close to ‘A’ rated schools. Only minutes away from i-95 commuters will have no problem getting where they need to go on time. If you want a home that is away from all the hustle and bustle of the city but still want to be close to everything Stuart has to offer, River Forest is a great pick for you!

River Forest in Stuart Florida

River Forest Home Owners Association

River Forest Boating in Stuart, Florida

River Forest Boating in Stuart, Florida

River Forest Community Pool in Stuart, Florida

Search for All River Forest Homes for Sale

River Forest November 2018 Market Report

Martin County Townhouses and Condos September 2018 Market Report

11.06.18 by

Martin County Townhouses and Condos September 2018 Market Report

Martin County Townhouses and Condos September 2018 Market Report showed weaker sales activity when compared to September of 2017.  Closed sales for the month were down by 24.1% (was down by 7.0% in August) while new sales under contract (new pending sales) were down by 7.8% from September 2017 (decreased by 16.5 in August).

Prices, however, continue to rise significantly.  The median sales price increased by 13.3% (was up by 27.5% in August) while the average sales price increased by 24.0% (was up by 34.8% in August) as compared to September of 2017.

The inventory of available townhouses and condos decreased by 20 units to 299 properties as compared to last month.  This is 14.8% less inventory then the September 2017 data.  Currently, there’s a 3.0 month supply of inventory (compared to 3.7 months for September 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 September 2018 Market Report

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

Conquistador Homes and Condos Market Report November 2018

11.06.18 by

Conquistador Homes and Condos Market Report November 2018

Homes:  There are no homes currently on the market in Conquistador Estates.

There is one home currently under contract.  The list price was $319,999 which works out to $224.56 per sq. ft. of living area.  This home was on the market for 79 days prior to going under contract.

In the past 12 months, there have been 8 homes sold in Conquistador Estates.  The sales prices ranged from $235,000 up to $360,000.  This is an average sales price of $278,188 which works out to $158.63 per sq. ft. of living area.  These homes were on the market for an average of 57 days prior to going under contract and sold for an average of 94% of the listed price.

Condos:  There are currently 2 condos for sale in Conquistador.  Listing prices are $119,900 and $139,000.  The average list price is $129,450 which equals $117.86 per sq. ft. of living area.

3 Condos are under contract awaiting settlement.  List prices ranged from $99,900 up to $169,900 for an average of $139,933 which works out to $124.62 per sq. ft. of living area.  These condos were on the market for an average of 46 days prior to going under contract.

In the past 12 months, 21 condos have sold in Conquistador.  Sales prices ranged from $90,000 up to $187,500.  The average sales price was $129,529 which equals $120.48 per sq. ft. of living area. These sales averaged a 94% list to sales ratio as well as going under contract in an average of 44 days after being listed.

About Conquistador Homes and Condos in Stuart FL:

Conquistador homes and condos are in the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single family homes (the estate’s section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main clubhouse pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Homes in Conquistador

Search for available Condos in Conquistador

 For any questions you November have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Conquistador Homes and Condos Market Report November 2018

Martin County Single Family Homes September 2018 Market Report

11.05.18 by

Martin County Single Family Homes September 2018 Market Report

The Martin County Single Family Homes September 2018 Market Report reported a very strong month for sales volume when compared to last year as well as the past few months.  Closed sales were up by 32.2% (was down by 15.8% in August).  While new pending sales increased by 54.3% as compared to September 2017 (Increased by 15.8% in August).

Prices, however, were down for September.  The median sales price was down by 6.5% from last year (down by 1.4% in August) while the average sales price decreased by 1.9% (was up by 2.2% last month).

The inventory of available single-family homes decreased from last month by 26 homes to 874 units for September,  this is 9.7% less than last September of 2017.  The current supply of homes is 4.3 months, for September of last year, it was a 4.7 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 September 2018 Market Report

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

River Landing November 2018 Market Report Palm City FL

11.04.18 by

River Landing November 2018 Market Report Palm City FL

As of November 2018, there are two homes on the market in River Landing. List prices are $449,900 and $469,900. This makes for an average asking price of $459,900 which equals $166.11 per sq. ft. of living area.

There is 1 home currently under contract and awaiting settlement.  The list price was 418,000 or $160.89 per sq. ft. of living area.  This home was on the market for 134 days prior to going under contract.

In the past 12 months, 3 homes have sold in River Landing.  Sales prices ranged from $410,000 up to $560,000.  The average sales price equaled $466,633 which works out to $184.76 per sq. ft. of living area. These homes sold for an average of 98% of the last list price and took an average of 56 days on market until going under contract. 

About River Landing in Palm City FL:

Entrance to River Landing in Palm City Florida
One of the little-known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing, the last one was built in 2007.  Both one and two story homes on generously sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air-conditioned space.  Low HOA fees of $142 per month include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts, and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older homes, and most have yards with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment, and fantastic local restaurants!

River Landing in Palm City FL

Search here for:

River Landing Homes for Sale in Palm City Florida

River Landing November 2018 Market Report Palm City FL

Beau Rivage October 2018 Market Report

11.03.18 by

Beau Rivage October 2018 Market Report

For October 2018, there are 3 homes for sale in Beau Rivage.  List prices range from $349,888 up to $989,000 for an average list price of $572,963 or $252.49 per sq. ft. of living area.

There are no homes currently under contract in Beau Rivage.

In the past 12 months, 8 homes have sold in Beau Rivage.  Sales prices ranged from $165,000 up to $1,150,000.  The average sales price was $376,438 which equaled $197.10 per sq. ft. of living area.  These homes averaged 58 days on market before going under contract and sold for an average of 96% of the last list price.

About Beau Rivage Real Estate in Stuart FL

Beau Rivage in Stuart Florida

Nestled along the St. Lucie River in Stuart, Beau Rivage Estates feature beautiful family homes, many with waterfront and ocean access! Imagine being able to walk out of your back door and have your 20’ weekend escape sitting in the water waiting for you! The neighborhood features homes with spacious yards and gorgeous landscaping. The homes have large bedrooms, family, and Florida rooms. Most homes even have pools! As if Beau Rivage Estates didn’t sound great already, it is also minutes away from Stuart and Jensen Beach’s hot spots such as the Treasure Coast Square Mall, along with many shopping centers, and great chain and local restaurants. ‘A’ rated schools; Jensen Beach High School, Jensen Beach Elementary school, and Felix A. Williams are all fantastic schools that are close by!

Beau Rivage Real Estate in Stuart FL

Beau Rivage Estates is actually in Saint Lucie County, but the local addresses are in Stuart, Florida and Beau Rivage residents attend Martin County schools.

Beau Rivage

Search for Beau Rivage Homes for Sale

 

Beau Rivage October 2018 Market Report

Florida Townhouses and Condos September 2018 Market Report

11.02.18 by

Florida Townhouses and Condos September 2018 Market Report

The Florida Townhouses and Condos September 2018 Market Report continues to proceed with stroger activity when compared to last year.  Closed sales were up by 14.6% as compared to last month’s increase of 6.6% and new sales under contract (new pending sales) increased by 44.1% (In August there was a 3.8% decrease).

Prices, also, continued to rise for September though at a slightly slower rate than in past months.  Median sales prices were up by 5.5% (was up by 8.8% in August), while the average sales price increased by 7.6% (was up 10.1% in August).

The inventory of active listings increased by 2.9% from September of last year.  For September 2018 we have 5.3 months of inventory (was also 5.3 months in August) and compared to 5.4 months for September 2017.  We remain in a seller’s market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos September 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 September 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 September 2018 Market Report

Beacon 21 Jensen Beach October 2018 Market Report

11.02.18 by

Beacon 21 Jensen Beach October 2018 Market Report

There are currently 4 condos for sale in Beacon 21 in Jensen Beach FL.  These condos have listing prices from $118,500 up to $149,000 for an average list price of $135,125 which equals $118.93 per sq. ft. of living area.

2 Condos are currently under contract.  These condos both had list prices $123,000 which is up to $169,900 which is $96.70 per sq. ft. of living area.  These condos averaged 11 days on the market before going under contract.

In the past 12 months, 32 condos have sold in Beacon 21.  Sales prices ranged from $75,000 up to $169,900 for an average sales price of $109,738 which works out to $97.92 per sq. ft. of living area.  These condos averaged 57 days on the market before going under contract and sold for an average of 96% of the last listed price.

About: Beacon 21 Condos in Jensen Beach

Beacon 21 Condos in Jensen Beach

Beacon 21 in Jensen Beach is a low rise condominium development in Jensen Beach FL locate just north of the Saint Lucie River and off of NE Dixie Highway (State Road 707).  This complex contains numerous types of condo buildings that were first built in 1973 and the last phase was completed in 1993.

Beacon 21 Condos in Jensen Beach

There are sections in Beacon 21 that are age restricted to 55 and over while other sections are open to all ages.  There are just over 270 individual condos with most of them being two bedrooms and all but a few having 2 bathrooms as well.  These condos come in sizes ranging from 826 sq. ft. of interior living area up to 1,440.

Most of Beacon 21’s sections are pet-friendly allowing for one medium-sized pet with some areas allowing up to 2.  Rentals are also permitted with some restrictions.

Beacon 21 Condos in Jensen Beach

There are three pools and three tennis courts as well as a clubhouse and shuffleboard courts for Beacon 21.  And, as a bonus, there is dockage for smaller boats (up to 21’) with ocean access.  These docks are available for lease at very reasonable rates when available on a first come first served basis for owners in the Beacon 21 complex.

HOA fees vary from $200 to $450 a month depending on the location and size of the condo.  Children living in Beacon 21 currently attend the Felix A Williams elementary school, Stuart middle school, and the Jensen Beach high school.

Beacon 21 Condos in Jensen Beach

This complex is well located only minutes from the beaches, rivers and shopping areas of Jensen Beach and Stuart FL.

Search for available Beacon 21 condos in Jensen Beach

Florida Single Family Homes September 2018 Market Report

11.01.18 by

Florida Single Family Homes September 2018 Market Report

The Florida Single Family Homes September 2018 Market Report showed continued strong activity when compared to last year. Closed sales were up by 17.0% (were up by 4.2% in August) and new sales under contract (new pending sales) were up by 37.9% (were down by 2.6% in August).

Prices are also continuing to rise, though at a slower pace for September than in months past.  The median and average sales prices up by 4.9% and 5.6% respectively, compared to August’s 6.0% and 4.0%.

The inventory of available homes for sale increased by 6.5% from last year.  This is now a 3.9 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (September 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.

Florida Single Family Homes September 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes September 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 September 2018 Market Report

Hobe Sound FL 33455 Condo Market Report September 2018

10.31.18 by

Hobe Sound FL 33455 Condo Market Report September 2018

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

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

There are currently 7 active condo listings. (Increased by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2018

1 Condo is pending and awaiting close. (Down by 3 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2018

3 Condos sold in September. (Down by 1 condo from August)

 Hobe Sound FL 33455 Condo Market Report September 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 2.3 months for September as compared to 1.0 months in August).  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 September 2017 numbers were: 17 active listings, 3 pending sales, and 1 closed sales.  Much better activity this year on a vastly smaller number of condos for sale.

Hobe Sound FL 33455 Condo Market Report September 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 September 2018

Hobe Sound FL 33455 Residential Market Report September 2018

10.30.18 by

Hobe Sound FL 33455 Residential Market Report September 2018

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

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

There are currently 168 active listings. (Down by 4 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2018

56 Residential sales are pending and awaiting close  (Down by 25 homes from August)

Hobe Sound FL 33455 Residential Market Report September 2018

48 Homes Sold in September (Up by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2018

The Hobe Sound Florida Market Report ZIP Code 33455 had a nice increase in closed sales and a drop in the pending sales.  Inventory remains a bit lower than we would prefer.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dipped to 3.5 months (It was 4.6 months in August).  Remaining in a strong seller’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 September 2017 were:  177 active listings, 57 pending sales, and 28 closed sales.  Considerably better activity this year on a reduced number of homes available for sale.

Hobe Sound FL 33455 Residential Market Report September 2018

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

Search here for Hobe Sound Florida Real Estate for Sale

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

Hobe Sound FL 33455 Residential Market Report September 2018

Jensen Beach FL 34957 Condo Market Report September 2018

10.29.18 by

Jensen Beach FL 34957 Condo Market Report September 2018

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

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

There are currently 87 active listings. (Increased by 5 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2018

27 Condo sales are pending and awaiting settlement. (Down by 10 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2018

27 Condos Sold (Unchanged from August)

Jensen Beach FL 34957 Condo Market Report September 2018

 The Jensen Beach FL 34957 Condo Market Report continues to show strong activity.  There was a troubling drop in pending sale for the month.  This may be an indicator of slower sales in the immediate future.

The one-month absorption rate for the September 2018, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.2 months (from 3.0 months in August), remaining in a strong seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The September 2017 numbers were: 82 active listings, 31 pending sales, and 25 condos closed.  Slightly stronger sales this year but also on a greater inventory of available condos for sale.

Jensen Beach FL 34957 Condo Market Report September 2018

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

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2018

Montego Cove October 2018 Market Report

10.29.18 by

Montego Cove October 2018 Market Report

There are 3 condos for sale in Montego Cove in Stuart FL for October 2018.  List prices range from $169,000 up to $230,000.  This is an average list price of $199,633 which works out to $127.21 per sq. ft. of living area.

Thereis 1 condo under contract awaiting the finalization of the sale.  The list price was $239,900 or $142.54 per sq. ft. of living area. This condo was on the market for 71 days before going under contract.

In the past 12 months, 15 condos have sold in Montego Cove.  Sales prices ranged from $162,000 up to $240,000 for an average sales price of $200,727 which equals $130.88 per sq. ft. of living area.  These condos averaged 37 days on market before accepting the final offer and sold for an average of 97% of the last listed price.

About the Montego Cove Condos in Stuart FL

Montego Cove Condos in Stuart FL

Located just west of US-1 (Federal Highway) off of Cove Rd, this attractive Condo community on over 50 acres with 30 residential buildings for a total 182 units that are mostly 2 bedroom, 2 bathroom condos and a few 3 bedroom ones and one 1 bedroom condo.  Living areas range from 1,506 sq. ft. to 1,683 sq. ft. for the 2 bedroom condos and 1,722 sq. ft. for the 3 bedroom condos.  This complex opened in 1985 and the last section was completed in 1989.

Montego Cove Condos in Stuart FL

This community offers ample green spaces along with 2 tennis courts, 2 pools, shuffleboard and a clubhouse. This is a 55 and over age-restricted community.  There is one covered parking space (carport) for each home and extra uncovered spaces for guests and residents.  One small pet (under 15 lbs.) is permitted.

Montego Cove Condos in Stuart FL

There are abundant green spaces and two small lakes for serene water views for most homes in Montego Cove.  Those without water views have private preserve views.

Montego Cove Condos in Stuart FL

An excellent location close to great restaurants and the fishing center of Stuart in Port Salerno and just a short few minutes to access I-95 and points north or south only a few hours away.  Medical facilities, as well as professional services, are also only a short distance away.

Montego Cove Condos in Stuart FL

As of October 2018, the Condo fee is $410 per month.  This includes the maintenance, insurance, and upkeep of all the common areas and facilities as well as each building, trash pickup, management, cable TV, and pest control.

Click here to see the available Montego Cove condos for sale