Murano Homes July 2018 Housing Market Report

07.04.18 by

Murano Homes July 2018 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida

There are currently 4 homes available for purchase in the Murano community in Palm City FL with list prices ranging from $299,900 up to $399,000 which is an average list price of $328,475 or $148.91 per sq. ft. of living area.

 

There are no homes under contract at this time in the Murano subdivision of Palm City, FL.

 

In the past year, 8 homes have sold in Murano with sales prices ranging from $295,000 up to $369,900 for an average sales price of $328,013 which equals $135.20 per sq. ft. of living area.  The average days on market before going under contract for these homes was 66 with a list to sales price ratio was 97%.

About the Murano Community in Palm City FL:

Murano Homes in Palm City FLConveniently located off of Martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two story 5 Bedroom 4 bathroom homes of 0ver 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

This is a very family friendly neighborhood close to schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees of approximately $123 per month (as of July 2018).

There may be a few new D. R. Horton homes available for sale, but this community is just about sold out so call us for details.

  • For the D.R. Horton homes, highlights include:
  • Choice of 5 NEW Floorplans
  • GE Appliance Package
  • Various home sites available including lakefront
  • Community Swimming Pool and Cabana
  • Top-Rated Palm City Schools
  • Easy commute via I-95 or Florida Turnpike
  • Close proximity to area recreation including beaches, parks, boating, fishing and all types of water sports
  • Shopping, entertainment, and restaurants are all nearby.

Murano Homes in palm City Florida

  Search here for:

Murano Homes for Sale

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

Murano Homes July 2018 Housing Market Report

 

Florida Single Family Homes May 2018 Market Report

07.03.18 by

Florida Single Family Homes May 2018 Market Report

The Florida Single Family Homes May 2018 Market Report showed good activity when compared to last year and remains a very active market though at a bit of a reduced rate. Closed sales were up by 0.8% (were up by 4.1% in April) and new sales under contract (new pending sales) were down by 0.1% (were down by 0.2% in April).

Prices continue with their upward April for May.  The median and average sales prices up by 6.7% and 6.5% respectively, compared to April’s 8.1% and 10.4%.

The inventory of available homes for sale fell by 0.7% from last year.  For May there was a 4.0 months supply of inventory as Florida remains in a seller’s market with the advantage for sellers. (May of 2017 had a 4.0 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 May 2018 Market Report

Click here to view or download the full report:

Florida Single Family Homes May 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 May 2018 Market Report

Rocky Point July 2018 Market Report

07.03.18 by

Rocky Point July 2018 Market Report

Here is your Rocky Point July 2018 market Report in Stuart Florida:

There are currently 27 active listings in the Rocky Point area of Stuart FL which include both condos and homes.  List prices range from a low of $99,500 up to $699,900 which results in an average list price of $377,241 or $182.88 per square foot of living area.

19 homes and condos are under contract (pending sales) and awaiting closing.    List prices ranged from $75,000 up to $2,750,000 for an average list price of $407,328 which is $178.62 per square foot of living area.  These properties averaged 65 days on the market before accepting a contract.

In the past 12 months, 132 properties have sold in Rocky Point with sales prices ranging from $63,999 up to $1,700,000 for an average sales price of $317,624 which equals $167.20 per square foot of living area.  The average days on market was 74 with a 96% list to sales price ratio.

Rocky Point Homes for Sale in Stuart, Florida

 Rocky Point real estate

 

Rocky Point in Stuart, FL is a wonderful boating oriented community located just off the Saint Lucie Inlet in beautiful Martin County Florida.  Originally a fishing village because of its proximity to the Atlantic Ocean; Rocky Point is now a wonderful family community with a variety of different neighborhoods.  Most of Rocky Point is still oriented towards fisherman and boaters with many of the neighborhoods having access to docks, marinas and/or boat ramps.  Some neighborhoods have deeded dock rights as well as privately owned ramps and launch facilities.  There is also a selection of some luxury waterfront homes with private docks located only a short few minutes cruise to the open Ocean via the Saint Lucie Inlet and within a day’s round trip to the Bahamas.

 Rocky Point real estate

Bordering Rocky Point to the north and west is the Manatee Pocket.  Home of the original Stuart Sailfish fleet (Stuart continues to proudly boast that it’s the ‘Sailfish Capital of the World’).  Now home to a number of Marinas, Charter fleets and the famous Chapman School of Seamanship as well as quite a few excellent restaurants serving the freshest seafood arriving from the Ocean straight to the kitchens daily.

 Rocky Point real estate

All this in wonderful family friendly neighborhoods within Martin County’s ‘A’ rated schools system.

Rocky Point real estate

One of the highlights of the year for Rocky Point is the Port Salerno Seafood Festival.  Held yearly in the winter, this free festival fills the streets of Historic Port Salerno.  In addition to serving up the area’s freshest and tastiest seafood, live music, community booths, arts & crafts, activities for the kids, pirates and more keep the entire family entertained the whole day.

Rocky Point real estate Admission is FREE, though attendees are asked to bring canned goods in exchange for zero admission to benefit a food drive for local food banks.

Rocky Point real estate

 

 

Search the Martin County MLS
Search here for available homes in Rocky Point

 

Find the Perfect Home for Sale Today

Prices are low and the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

courtesy of:
the Gabe Sanders real estate team

Rocky Point January 2018 Market Report

 

Hobe Sound FL 33455 Condo Market Report May 2018

07.02.18 by

Hobe Sound FL 33455 Condo Market Report May 2018

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

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

There are currently 6 active condo listings. (Decreased by 2 condos from April)

Hobe Sound FL 33455 Condo Market Report May 2018

5 Condos are pending and awaiting close. (Unchanged from April)

Hobe Sound FL 33455 Condo Market Report May 2018

1 Condos sold in May. (Decreased by 6 condos from April)

 Hobe Sound FL 33455 Condo Market Report May 2018

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  We saw a further decline in inventory which is not a good sign for future sales volume.

The absorption rate for Hobe Sound condos was 6 months for May as compared to 1.1 months in April).  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 May 2017 numbers were: 16 active listings, 5 pending sales, and 2 closed sales.  Much stronger activity last year with more than double the inventory of available condos for sale.

Hobe Sound FL 33455 Condo Market Report May 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 May 2018

Jensen Park Estates July 2018 Market Report

07.02.18 by

Jensen Park Estates July 2018 Market Report

Currently, there are 6 homes available for sale in the Jensen Park Estates community of Jensen Beach FL.  These homes are listed for prices from $229,000 up to $399,000.  The average list price is $297,631 and this equals $186.93 per sq. ft. of living area.

There are 3 homes under contract and awaiting closing.  These homes were listed at prices ranging from $260,000 up to $315,000 for an average list price of $281,333 which works out to $175.83 per sq. ft. of living area.  These homes were o the market for an average of 57 days prior to going under contract.

In the past 12 months, 16 Jensen Park Estates homes have sold.  Sales prices ranged from a low 0f $220,000 up to $370,000 for an average sales price of $295,281 which equals $170.65 per sq. ft. of living area.  These sales averaged 97% of the last list price and averaged 66 days on market before going under contract.

About Jensen Park Estates in Jensen Beach FL:

Jensen Park Estates real estate

Jensen Park Estates is a non-gated community located just west of Savannah Rd in the heart of Jensen Beach.  There are 381 home sites in this community, most of which have been built upon.  Homes were built from 1980 to the latest one which was completed in 2010.

Jensen Park Estates real estate

There’s a wide range of sizes and shapes of homes ranging from 6 bedroom homes with over 3,100 sq. ft. of living area down to more modest 2 bedroom, 2 bathroom homes with just under 1,100 sq. ft.  There are both frame and concrete block construction as well as homes with and without private pools.

Some homes have large lots of over ½ acre while others are fairly modest lots with just over .12 acres.  Homeowner fees are a very reasonable $150 per year.

Jensen Park Estates real estate

Neighborhood children attend the Jensen Beach Elementary School which is just a little over ½ mile away, Stuart Middle School and the Jensen Beach High School.

Jensen Park Estates real estate

Very close to shopping areas of US-1 as well as close to the Intracoastal (the Indian River) with its boat ramps, public beaches on Hutchinson Island, Indian Riverside Park, and much more.

Jensen Park Estates is an excellent option for both families and retirees looking for affordable homes in the heart of Jensen Beach.

Jensen Park Estates real estate

Search here for available Jensen Beach Estates Homes for Sale

Jensen Park Estates July 2018 Market Report

 

Willoughby Golf Club Stuart June 2018 Market Report

06.30.18 by

Willoughby Golf Club Stuart June 2018 Market Report

There are currently 6 homes on the market in the Willoughby Golf Club, ranging in price from $409,000 to $1,595,000.  The average listing price is $777,150 which equates to a price per sq. ft. of living area of $210.38.

There are 7 homes under contract which have not closed as this post was written.  The list prices of these pending sales range from $275,000 to $699,000 for an average list price of $436,129 which equates to $168.72 per sq. ft. of living area.  These homes averaged 208 days on market prior to going under contract.

In the past 12 months, 17 homes have sold in the Willoughby Golf Club.  Sales prices ranged from $255,000 up to $950,000 for an average sales price of $510,118 which equals $174.32 per sq. ft. of living area.  Sales prices averaged 95% of list prices and these were on the market for an average of 99 days before receiving an accepted offer.

About the Willoughby Golf Club in Stuart FL:

Willoughby Golf Club in Stuart FL

Willoughby Golf Club real estate can be found in the city of Stuart. Stuart is located in Martin County Florida and sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.Willoughby Home 3

Willoughby Golf Club real estate and surrounding area is made up of a 403-acre, private golf community. The golf club memberships entitle the members the enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents of Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Home 2

Willoughby Golf Club real estate home sites are complemented by the numerous activities and events that take place in the town of Stuart along with noteworthy locations.

  • Restored downtown with historical landmarks
  • exclusive shops
  • distinctive restaurants
  • an executive airport
  • highly viewed schools
  • library
  • outstanding professional and medical facilities
  • a regional mall
  • many cultural happenings

Willoughby View 1

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.Willoughby Golf Club Real Estate 1

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles.

Here are the currently available homes for sale in the Willoughby Golf Club

Search for Martin County Real Estate

Willoughby Golf Club Stuart June 2018 Market Report

 

Hobe Sound FL 33455 Residential Market Report May 2018

06.29.18 by

Hobe Sound FL 33455 Residential Market Report May 2018

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

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

There are currently 184 active listings. (Decreased by 1 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2018

92 Residential sales are pending and awaiting close  (Down by 9 homes from April)

Hobe Sound FL 33455 Residential Market Report May 2018

63 Homes Sold in May (Up by 11 homes from last month)

Hobe Sound FL 33455 Residential Market Report May 2018

The Hobe Sound Florida Market Report ZIP Code 33455 continues with very active sales activity.  There was a nice rise in closed sales this month when compared to last month.  Pending sales also remain quite strong.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 2.9 months ( It was 3.6 months in April).  Remaining in an extreme 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 May 2017 were:  176 active listings, 68 pending sales, and 64 closed sales.  Almost identical sales volume when compared to last year.  Pending sales, though, are much better this year.  Interestingly, this is one of the few areas in Martin County with a higher inventory of homes for sale this year when compared to last year.

Hobe Sound FL 33455 Residential Market Report May 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 May 2018

Jensen Beach FL 34957 Condo Market Report May 2018

06.28.18 by

Jensen Beach FL 34957 Condo Market Report May 2018

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

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

There are currently 108 active listings. (Decreased by 10 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

43 Condo sales are pending and awaiting settlement. (Up by 3 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

31 Condos Sold (Down by 11 condos from April)

Jensen Beach FL 34957 Condo Market Report May 2018

 The Jensen Beach FL 34957 Condo Market Report for May continued to show strong sales activity.  Closed sales were off from last month but still strong.  Unfortunately, like in many other Martin County areas, the inventory is decreasing.

The one-month absorption rate for the May 2018, Jensen Beach Florida Market Report ZIP Code 34957 rose to 3.5 months (from 2.4 months in April), still a seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The May 2017 numbers were: 122 active listings, 44 pending sales, and 28 condos closed.  Quite a similar volume of sales and pending sales when compared to last year but on a reduced number of condos available for sale.

Jensen Beach FL 34957 Condo Market Report May 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 May 2018

Dune Walk on Hutchinson Island June 2018 Market Report

06.28.18 by

Dune Walk on Hutchinson Island June 2018 Market Report

There are two condos available for sale in Dune Walk in June 2018 on Hutchinson Island in Jensen Beach Florida.  List prices are $300,000 and $315,000 which is an average of $307,500 or $303.74 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 5 condos have sold in Dune Walk.  Sales prices ranged from $212,000 up to $280,000 for an average sales price of $249,400 which works out to $248.99 per sq. ft. of living area.  These condos averaged 96 days on market before going under contract and sold for an average of 95% of list price.

About the Dune Walk Condos in Jensen Beach FL:

Dune Walk on Hutchinson Island June 2018 Market Report

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.

Dune Walk on Hutchinson Island June 2018 Market Report Dune Walk on Hutchinson Island June 2018 Market Report

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 (June 2018) are under $397.00 a month.

 Dune Walk Condos in Jensen Beach FL Dune Walk Condos in Jensen Beach FL

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 June 2018 Market Report

Jensen Beach FL 34957 Residential Market Report May 2018

06.27.18 by

Jensen Beach FL 34957 Residential Market Report May 2018

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

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

 There are currently 159 active listings. (Down by 10 from last month)

Jensen Beach FL 34957 Residential Market Report May 2018

90 Residential sales are pending and awaiting close or lender approval. (Down by 12 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2018

60 Homes Sold (Increased by 1 homes from April)

Jensen Beach FL 34957 Residential Market Report May 2018

The Jensen Beach FL 34957 Residential Market showed quite strong activity for another month.  The decreasing inventory of available homes for sale is a concern.  It could mean reduced volume of sales in the coming months until this trend reverses itself.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 decreased to 2.7 months ( was 2.9 months in April).  A very strong seller’s market for Jensen Beach residential sales after a month that inched close to a balanced market.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The May 2017 numbers were: 178 active listings, 77 pending sales, and 47 home sales closed.  There was considerably stronger activity this year as compared to last year.  More impressive when the fact of a significantly lower number of homes are available this year.
Jensen Beach FL 34957 Residential Market Report May 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

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

Jensen Beach FL 34957 Residential Market Report May 2018

The Reef in Rocky Point June 2018 Market Report

06.27.18 by

The Reef in Rocky Point June 2018 Market Report

For June 2018 there no homes available to purchase in the Reef in the Rocky Point neighborhood of Stuart FL.

There is 1 home under contract in this community. This home was listed for $495,000 or $224.39 per sq. ft. of living area and was on the market for 2016 days prior to going under contract.

In the past 12 months, 5 homes have sold in the reef.  These homes sold for prices ranging from $475,000 up to $650,000 for an average sales price of $579,465 which equals $197.77 per sq. ft. of living area.  These homes sold for an average of 96% of list price and were on the market for an average of 50 days before going under contract.

About The Reef in Rocky Point:

The Reef in Rocky Point

The Reef is one of the few newer gated communities in the Rocky Point area of Stuart FL.  This is an exclusive subdivision with 52 home sites, 11 of which are larger waterfront estates located just a short boat ride away from the Atlantic Ocean through the Saint Lucie Inlet.

Homes in the Reef were built from 1994 to 2007.  There are still some vacant lots that have yet to be built on including one waterfront parcel.  Home sizes range from 3 bedroom, 2 bathroom homes with just under 2,000 sq. ft. of living area all the way up to 5 bedroom, 4 bath waterfront homes with over 6,000 sq. ft. of living space on over an acre lots.

The Reef in Rocky Point The Reef in Rocky Point

As of June 2018, the HOA fee is a very reasonable $74.00 per month which pays for maintenance of the common areas, management fees, trash pickup and the community tennis court.

The Reef is in the Martin County School District and children attend the Port Salerno Elementary school, Murray Middle School and South Fork High School.

The Reef in Rocky Point The Reef in Rocky Point

Rocky Point was originally a fishing village and many fishermen remain in the area.  It is surrounded by the Intracoastal on the east side and the Manatee Pocket on the North and South sides.  Easy access to many marinas, great seafood restaurants as well as the great lifestyle of Martin County FL.

Click here to search for homes for sale in the Reef of Rocky Point

Click here to search for all Rocky Point homes for sale and condos for sale

The Reef in Rocky Point June 2018 Market Report

Palm City FL 34990 Condo Market Report May 2018

06.26.18 by

Palm City FL 34990 Condo Market Report May 2018

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

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

There are currently 87 active condo listings. (Decreased by 1 condos from April)

   Palm City FL 34990 Condo Market Report May 2018

11 Condo sales are pending and awaiting close or lender approval. (Down by 4 condos from last month)

Palm City FL 34990 Condo Market Report May 2018

9 Condos Sold in May. (Up by 2 condos from April)

Palm City FL 34990 Condo Market Report May 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For May there was an improvement closed sales while pending sales were down by 4 condos.  The Palm City condo market is hampered by two equity golf course communities with slow sales in the current environment.

The current absorption rate for condos in the 34990 zip code area dropped to 9.7 months (was 12.6 months in July).  Still in a buyer’s market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The May 2017 numbers were: 76 active listings, 11 pending sales, and 4 closed sales.  There was better sales activity for this year.  The Palm City condo marketis one of the few areas in Martin County with a larger inventory this year than last.
Palm City FL 34990 Condo Market Report May 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

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report May 2018

Woodmill Pond Townhomes in Stuart FL June 2018 Market Report

06.26.18 by

Woodmill Pond Townhomes in Stuart FL June 2018 Market Report

As of June 2018, there is only 1 home available to purchase in the Woodmill Pond community of Stuart FL.  This home was listed for $259,999 which equals $116.80 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, 7 townhomes have sold in Woodmill Pond.  Sales prices ranged from $219,000 up to $245,000 for an average sales price of $234,714 which works out to $102.93 per sq. ft. of living area.  These homes averaged 50 days on the market before going under contract and sold for an average of 99% of list price.

About Woodmill Pond Townhomes in Stuart FL:

Very conveniently located just off US Highway 1 (Federal Highway) in the southern part of Stuart FL is this townhome development of 50 units, which was built in 2007 and in 2010.  While these are two level townhomes with 2 car garages the complex is deeded as condos, meaning the exterior maintenance, common areas, insurance are all included in the association fees.  With these homes come newer construction and all the latest codes are in compliance with most homes having hurricane impact glass making hurricane shutters, not a requirement. As of this writing (June 2018), these fees were $374 per month.  These fees cover Common Areas, Insurance-Bldg, Lawn Care, Maintenance Exterior, Manager, Recreational Facilities, Reserve Funds, Water, and Sewer.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

All homes in Woodmill Pond are 3 bedrooms with 2 and ½ bathrooms.  The ones built in 2007 have 2,076 sq. ft. of living area (under air conditioned space) while those built in 2010 are larger with 2,299 sq. ft.  There’s a clubhouse and a heated community swimming pool.  Up to two pets are allowed per unit and rentals are also permitted with some restrictions.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

Children living in Woodmill Pond attend Seawind Elementary, Murray Middle, and South Fork High schools.

Woodmill Pond Townhomes in Stuart FL Woodmill Pond Townhomes in Stuart FL

Very close to a number of golf courses as well as just minutes to historic downtown Stuart to the north and the Town of Jupiter to the south.  Also close to shopping, restaurants, beaches, boating facilities and medical services.

Search here for Woodmill Pond townhomes in Stuart FL

Woodmill Pond Townhomes in Stuart FL June 2018 Market Report

Palm City FL 34990 Residential Market Report May 2018

06.25.18 by

Palm City FL 34990 Residential Market Report May 2018

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

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

 There are currently 340 active listings (Decreased by 24 homes from April)

Palm City FL 34990 Residential Market Report May 2018

176 Residential sales are pending and awaiting close or lender approval. (Down by 17 homes from last month)

Palm City FL 34990 Residential Market Report May 2018

106 Homes Sold in April (Up by 42 homes from April)

Palm City FL 34990 Residential Market Report May 2018

The Palm City FL, zip code 34990 residential real estate market continues to lose inventory at a fairly rapid rate.  This will make it difficult to sustain strong sales volume for the near future while this lasts.  For May, we had strong pending as well as closed sales volume.
The monthly absorption rate plunged to 3.2 months from 5.7 months in April.  Still a slight seller’s market for the Palm City zip code 34990 area for residential sales, though trending back 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 May 2017 numbers were:  381 active listings, 174 pending sales, and 129 closed sales.  There was better closed activity last year on greater inventory.  Surprisingly, thereis very strong pending activity this year.

Palm City FL 34990 Residential Market Report May 2018

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:

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

 

Palm City FL 34990 Residential Market Report May 2018

River Watch on Hutchinson Island June 2018 Market Report

06.25.18 by

River Watch on Hutchinson Island June 2018 Market Report

In June 2018, there are three homes for sale in the River Watch community of Hutchinson Island in Jensen Beach FL.  These homes are listed for prices ranging from $539,000 up to $625,000 for an average list price of $594,667 which works out to $386.79 per sq. ft. of living area.

There is 1 home currently under contract.  This home was listed for $289,900 which is also $208.56 per sq. ft. of living area.  This home was on the market for 102 days prior to going under contract.

In the past 12 months, 3 River Watch homes have sold.  Sales prices ranged from $299,000 up to $695,000 for an average sales price of $543,000 which is $242.53 per sq. ft. of living area.  These homes averaged 82 days on market before going under contract and sold for an average of 98% of list price.

About River Watch on Hutchinson Island:

Located only a short distance north of the Jensen Beach Causeway and just across the Saint Lucie County line, there is a wonderful small community by the name of River Watch.  These are single family homes ranging from a modest 2 bedroom and 2 bathroom residence with around 1,400 sq. ft. of living area plus a garage up to a spacious 4 bedroom, 3 bathroom with 3,400 sq. ft. of living area and your very own private dock and access to the Intracoastal Waterway which is also known as the Indian River.  There are 30 homes in this community which is adjacent to the Windmill Village community and shares the Aqua Ra Road which accesses both subdivisions from A-1-A.

River Watch on Hutchinson Island

Most of these homes are waterfront with access to the Intracoastal Waterway, but suitable mostly for shallower draft vessels and the unusual stipulation that they access the river without the use of gas motors, so only human or electric power for that initial stretch of water.

River Watch on Hutchinson Island River Watch on Hutchinson Island

River Watch residents also have easy access to the beautiful beaches on Hutchinson Island by simply walking across the street to their private beach or a short ride to many of the public access beaches available in both Saint Lucie and Martin County beaches.

This is a non-gated community with a very reasonable $220 a month HOA fee which includes your landscaping as well as basic cable TV (as of June 2018).

River Watch on Hutchinson Island River Watch on Hutchinson Island

This excellent location makes it easy to go grocery shopping, boating, spend days on the beach, restaurants and to enjoy all the wonderful amenities offered on the Treasure Coast of Florida.

Click here to see if any homes are available to purchase in River Watch on Hutchinson Island

River Watch on Hutchinson Island June 2018 Market Report

Coral Gardens in Stuart FL June 2018 Market Report

06.24.18 by

Coral Gardens in Stuart FL June 2018 Market Report

As of June 2018, there are 7 homes for sale in Coral Gardens in Stuart FL.  List prices range from $204,500 up to $265,000 for an average list price of $232,786 which is $186.66 per sq. ft. of living area.

There are 4 homes currently under contract.  These homes were listed for prices from $179,800 up to $269,900 for an average list price of $232,425 or $165.37 per sq. ft. of living area.  These homes were on the market for an average of 30 days before going under contract.

In the past 12 months, 34 Coral Gardens homes have sold.  Sales prices ranged from $125,000 up to $300,000 for an average sales price of $199,129 which works out to $155.72 per sq. ft. of living area.  These homes averaged 40 days on market before going under contract and sold for an average of 98% of list price.

About Coral Gardens in Stuart FL:

Coral Gardens in Stuart FL

The Coral Gardens community of Stuart FL is centrally located just west of US 1 (Federal Highway) and south of Pomeroy St.  Easy access to downtown Stuart, shopping, restaurants, medical facilities and the beaches and waterways of Martin County.

Coral Gardens in Stuart FL Coral Gardens in Stuart FL

This is a non-HOA (Homeowners Association) community so there are no additional fees.  Also, the Coral Gardens community is one of the more affordable locations in Stuart and Martin County FL.  Homes range in size from very small 2 bedroom, 1 bathroom homes of under 800 sq. ft. all the way to 4 bedroom homes of 2,500 sq. ft. or slightly higher.  Many homes in Coral gardens also have private backyard swimming pools.

Coral Gardens in Stuart FL Coral Gardens in Stuart FL

Those wishing to find an affordable friendly Stuart community to call home might wish to consider Coral Gardens.  Click and explore on the interactive map below to see what a great location Coral Gardens offers.

Search here for available Coral Gardens homes for sale

Coral Gardens in Stuart FL June 2018 Market Report

Little Ocean Club on Hutchinson Island June 2018 Market Report

06.23.18 by

Little Ocean Club on Hutchinson Island June 2018 Market Report

As of June 2018, there are two condos available for sale in the Little Ocean Club on Hutchinson Island in Stuart FL.  These two condos are listed for $235,000 and $269,000 for an average list price of $252,000 or $238.74 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 3 condos have sold.  The sales prices ranged from $214,000 up to $320,000 ehich is an average sales price of $251,333 and also an average of $208.75 per sq. ft. of living area.  These condos sold for an average of 89% of list price and it took an average of 131 days on market before they went under contract.

About the Little Ocean Club Condos on Hutchinson Island:

Little Ocean Club Condos on Hutchinson Island

The Little Ocean Club Condos of Hutchinson Island in Stuart FL is a small condo community of 25 units that were built in 1969.  This direct Ocean access condo community features 23 two bedroom, 2 bath condos of 1,204 sq. ft. of living area and 2 very special 3 bedroom, 3 bath units with 1,815 sq. ft. under air.

Little Ocean Club Condos on Hutchinson Island Little Ocean Club Condos on Hutchinson Island

The little Ocean Club has direct Ocean access across the Dunes and a heated pool.  Reserved parking as well as overflow parking across A-1-A where a select number of condos can have deeded boat docks on the Intracoastal Waterway (Indian River).

Little Ocean Club Condos on Hutchinson Island Little Ocean Club Condos on Hutchinson Island

1 small pet is permitted in the Little Ocean Club and rentals are also allowed.  The current condo association fees are $653 per month (as of June 2018).  These fees cover A/C Maintenance, Cable, Common Areas, Insurance-Bldg, Lawn Care, Manager, Master Antenna/TV, Pest Control, Reserve Funds, Sewer, Trash Removal, and Water.

Little Ocean Club Condos on Hutchinson Island

Located close to the Stuart Causeway, Publix supermarket, downtown Stuart.

Search here for any Little Ocean Club Condos for Sale

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Beachwood Villas – Buttonwood – Dune Condominium – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Little Ocean Place – Maritimes – Ocean View – Sailfish Point – Sandpebble – Seaside – Suntide

Little Ocean Club on Hutchinson Island June 2018 Market Report

Stuart FL 34997 Condo Market Report May 2018

06.22.18 by

Stuart FL 34997 Condo Market Report May 2018

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

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

There are currently 50 active condo listings (Down by 7 condos from April).

Stuart FL 34997 Condo Market Report May 2018

26 Condo sales are pending and awaiting close or lender approval (Up by 7 condos from April).

Stuart FL 34997 Condo Market Report May 2018

17 Condos Sold in May (Increased by 8 condos from April).

Stuart FL 34997 Condo Market Report May 2018

      The Stuart FL condo market for zip code 34997 showed strong activity for May.  Both pending and closed sales improved from last month, whilewe remain in great need of more condos available to purchase (inventory) in this area of Stuart FL.

     The absorption rate plunged to 2.9 months in May compared to 6.3 months for April.  Back into a strong seller’s 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 May 2017 numbers were: 61 active listings, 22 pending sales, and 37 closed sales.  Better sales activity last year even though pending sales were a bit stronger this year.  This is all with a reduced number of condos available for sale

Stuart FL 34997 Condo Market Report May 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report May 2018

 

 

Parkwood Real Estate in Stuart FL June 2018 Market Report

06.22.18 by

Parkwood Real Estate in Stuart FL June 2018 Market Report

For June 2018, there are 2 homes for sale in the Parkwood real estate community of Stuart, FL.  List prices were $245,000 and $270,000 for an average list price of $257,500 which works out to $179.10 per sq. ft. of living area.

There are also two homes under contract.  The list prices were $229,900 and $279,999 for an average list price of $254,950 which works out to $167.41 per sq. ft. of living area.  These homes averaged 30 days on the market prior to going under contract.

In the past 12 months, 15 homes have been sold.  Sales prices ranged from $175,100 up to $300,000 for an average sale price of $249,007 which works out to $163.20 per sq. ft. of living area.  These homes were on the market for an average of 21 days before going under contract and sales prices averaged 96% of list price.

About Parkwood in Stuart FL:

Parkwood in Stuart FL

The Parkwood community is a non-gated subdivision of 193 homes located south of Cove Road and west of US-1 (Federal Highway) in the southern part of Stuart and north of Hobe Sound in unincorporated Martin County.

This family-friendly community has a community pool and is pet-friendly.  Great location, close to shopping on US-1 as well as easy access to I-95 on Cove Rd. and just minutes to Martin Memorial Hospital South on Salerno Rd.  This location also has easy access to boating in Port Salerno and the beaches either on Jupiter Island or Stuart.

Parkwood in Stuart FL

Homes are modest sizes ranging from 2 bedrooms, 2 bathrooms up to 4 bedrooms and 3 bathrooms with interior living areas ranging from just over 1,150 sq. ft. to 2,200 sq. ft. plus garages.

HOA fees (as of May 2018) are $40 per month and include maintenance and insurance for the community pool and common areas.

Parkwood in Stuart FL Parkwood in Stuart FL

Children living in Parkwood are zoned to attend the Seawind Elementary School, Murray Middle School, and the South Fork High School.

Parkwood in Stuart FL Parkwood in Stuart FL

Parkwood is an affordable community that allows residents to enjoy the wonderful amenities that Martin County and South Florida has to offer.

Parkwood Real Estate in Stuart FL June 2018 Market Report

Stuart FL 34997 Residential Market Report May 2018

06.21.18 by

Stuart FL 34997 Residential Market Report May 2018

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

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

There are currently 259 active listings (Decreased by 17 homes from April).

Stuart FL 34997 Residential Market Report May 2018

156 Residential sales are pending and awaiting close or lender approval (Decreased by 10 homes from April).

Stuart FL 34997 Residential Market Report May 2018

93 Homes Sold in May (Increased by 9 homes from April)

Stuart FL 34997 Residential Market Report May 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active.  There is strong sales and pending activity.  Unfortunately the number of homes available to purchase continues to decline and this will have an impact on future sales volume.
     The absorption rate decreased to 2.8 months (was 3.3 months for April).  Remaing in a very strong seller’s market for the 34997 zip code area of Stuart for May 2018.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7-month absorption rate.
     The 2017 numbers for May, were: 291 active listings, 168 pending listings, and 104 closed sales. There was better activity last year, but this was with a considerably greater number of homes for sale (inventory).
Stuart FL 34997 Residential Market Report May 2018

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

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

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

Stuart FL 34997 Residential Market Report May 2018