River Landing May 2018 Market Report Palm City FL

05.27.18 by

River Landing May 2018 Market Report Palm City FL

As of May 2018, there are two homes currently on the market in River Landing. List prices are $439,000 and $499,000. This makes for an average asking price of $469,000 which equals $165.53 per sq. ft. of living area.

There are 2 homes currently under contract and awaiting settlement.  List prices were $439,000 and $564,900. This makes for an average asking price of $501,950 which equals $182.02 per sq. ft. of living area.  These homes were on the market for an average of 42 days prior to going under contract.

In the past 12 months, 5 homes have sold in River Landing.  Sales prices ranged from $265,000 up to $450,000.  The average sales price equaled $369,100 which works out to $164.81 per sq. ft. of living area. These homes sold for an average of 97% of the last list price and took an average of 61 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!

Search here for:

River Landing Homes for Sale in Palm City Florida

River Landing May 2018 Market Report Palm City FL

Conquistador Homes and Condos Market Report May 2018

05.26.18 by

Conquistador Homes and Condos Market Report May 2018

Homes:  There are 2 homes currently on the market in Conquistador Estates.  These homes are listed for $296,500 and $349,888 which averages to $332,092 or $200.75 per sq. ft. of living area.

There is one home currently under contract.  The list price was $279,000 which works out to $105.08 per sq. ft. of living area.  This home was on the market for 119 days prior to going under contract.

In the past 12 months, there have been 7 sales in Conquistador Estates.  Sales prices ranged from $201,000 up to $360,000 for an average sales price of $268,214 which equals $155.72 per sq. ft. of living area.  These homes were on the market for an average of 48 days prior to going under contract and sold for 93% of the listed price.

Condos:  There are currently 2 condos for sale in Conquistador.  Listing prices are $134,888 and $155,000.  The average list price is $144,944 which equals $131.99 per sq. ft. of living area.

4 Condos are under contract awaiting settlement.  List prices ranged from $95,000 up to $138,000 for an average of $114,700 which works out to $113.61 per sq. ft. of living area.  These condos were on the market for an average of 51 days prior to going under contract.

In the past 12 months, 26 condos have sold in Conquistador.  Sales prices ranged from $100,000 up to $220,000.  The average sales price was $140,584 which equals $125.06 per sq. ft. of living area. These sales averaged a 95% list to sales ratio as well as going under contract in an average of 105 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 May 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 May 2018

Hobe Sound FL 33455 Residential Market Report April 2018

05.25.18 by

Hobe Sound FL 33455 Residential Market Report April 2018

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

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

There are currently 185 active listings. (Decreased by 9 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2018

101 Residential sales are pending and awaiting close  (Down by 4 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2018

52 Homes Sold in April (Up by 7 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2018

The Hobe Sound Florida Market Report ZIP Code 33455 showed strong activity for April with closed sales increasing from March as well as strong pending sales numbers.  The inventory is getting quite low by historical standards and could use some mprovemtn with more homes for sale.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 3.6 months ( It was 4.3 months in March).  In a pretty 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 April 2017 were:  183 active listings, 94 pending sales, and 54 closed sales.  A very hot market that is similar in sales volume and inventory to last year.

Hobe Sound FL 33455 Residential Market Report April 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 April 2018

Royal Oak Towers May 2018 Market Report

05.25.18 by

Royal Oak Towers May 2018 Market Report

In May of 2018, there are no condos available for sale in the Royal Oaks Towers of Stuart.

There are also no condos currently under contract.

In the past 12 months, two condos have sold.  The sales prices were $138,000 and $140,000 for an average sales price of $139,000 which equals $123.12 per sq. ft. of living area.  These condos were on the market for an average of 14 days prior to going under contract and sold for 93% of the listed price.

About: Royal Oak Towers Condos in Downtown Stuart

Royal Oak Towers in Downtown Stuart FL

One of the best locations in Stuart FL.  This all-ages condominium community is within walking distance of the Martin Memorial Hospital, Martin County Court House and School Headquarters as well as numerous medical and professional offices as well as the charming historic downtown Stuart area.

Royal Oak Towers in Downtown Stuart FL Royal Oak Towers in Downtown Stuart FL

This condominium complex consists of three adjoining buildings with only 18 units in total.  There are only two residences per floor for each building with under-building covered parking available for most owners.  All of the condos are 2 bedrooms and 2 bathrooms with a balcony and 1,129 sq. ft. of living area.  There are common laundry areas for each building, though many unit owners have installed a washer and dryer units in their condos.

Royal Oak Towers in Stuart FL Royal Oak Towers in Downtown Stuart

Amenities include a barbecue area and pool in the back of the complex and a picturesque fountain out front.  There’s also a large sun deck that can be used for year-round tanning or for parties.

The current association fees (April 2018) are $435.00 per month.  These fees include building maintenance, pool, common area charges, trash pickup, painting, roof repair, reserve funds.  All ages are welcome and up to one large pet is allowed.  This is also one of the rare condo associations that allow trucks and motorcycles.

These homes are typically in great demand, so please contact us if you want to be notified when a residence comes up for sale.

Click here to see if any Royal Oak Towers condos are currently available

Royal Oak Towers May 2018 Market Report

Jensen Beach FL 34957 Condo Market Report April 2018

05.24.18 by

Jensen Beach FL 34957 Condo Market Report April 2018

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

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

There are currently 118 active listings. (Increased by 9 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2018

40 Condo sales are pending and awaiting settlement. (Down by 18 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2018

42 Condos Sold (Up by 15 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2018

 The Jensen Beach FL 34957 Condo Market Report for April had a very nice increase in closed sales.  Unfortunately pending sales were down indicating a possibility for a reduced volume of closed sales for the coming months.  Inventory rose from last month which is a good sign and unlike most of the rest of Martin County areas.

The one month absorption rate for the April 2018, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.8 months (from 4.0 months in March), an even stronger seller’s market.   A balanced market is considered to be a 6 to 7-month absorption rate favoring neither the buyer or seller.

The April 2017 numbers were: 135 active listings, 48 pending sales, and 41 condos closed.  Very similar numbers when compared to last year.

Jensen Beach FL 34957 Condo Market Report April 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 April 2018

Ocean Terrace Condos May 2018 Market Report

05.24.18 by

Ocean Terrace Condos May 2018 Market Report

For May 2018 there are two condos available for sale in the Ocean Terrace building in Indian River Plantation on Hutchinson Island in Stuart FL.  These two condos are listed for $229,900 and $650,000 for an average list price of $439,950 or $355.58 per sq. ft. of living area.

There are no Ocean Terrace condos currently under contract.

In the past 12 months, 3 condos have sold in Ocean Terrace. The sales prices ranged from $195,000 up to $495,000 for an average sales price of $323,300 which is $269.42 per sq. ft. of living area.  Sale prices averaged 90% of the last list price and these condos averaged 22 days on market before going under contract.

About the Ocean Terrace Condominiums in Indian River Plantation

Ocean Terrace Condos in Indian River Plantation

The Ocean Terrace condos of Hutchinson Island in the Indian River Plantation complex of Stuart FL is a direct oceanfront building.  These units were built in 1981 with units having either ocean views or sweeping golf course and lake views of the Indian River Plantation Golf Course

Ocean Terrace Condos in Indian River Plantation Ocean Terrace Condos in Indian River Plantation

There are 32 units with both two bedroom two bath condos of 1200 sq. ft. of living area and one bedroom one bath condos of 1001 sq. ft. of living area.  Ocean Terrace is a four-story elevator building and has the convenience of under building parking for residents.  This is a pet-friendly building with one large pet permitted for owners.

 Ocean Terrace Condos in Indian River Plantation

Current condo and management fees are around $700 per month.

Ocean Terrace Condos in Indian River Plantation Ocean Terrace Condos in Indian River Plantation

Indian River Plantation amenities include a golf course, full-service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Click here to view available Ocean Terrace Condos for Sale

About the Indian River Plantation Marriott:

the Indian River Plantation Marriott:

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 – Fairway Villas – Inlet Village – Lakeside – Ocean House – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Ocean Terrace Condos May 2018 Market Report

Jensen Beach FL 34957 Residential Market Report April 2018

05.23.18 by

Jensen Beach FL 34957 Residential Market Report April 2018

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

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

 There are currently 169 active listings. (Down by 17 from last month)

Jensen Beach FL 34957 Residential Market Report April 2018

102 Residential sales are pending and awaiting close or lender approval. (Up by 9 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2018

59 Homes Sold (Increased by 15 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2018

The Jensen Beach FL 34957 Residential Market could use some more homes for sale as the current inventory is just flying off the market with brisk sales.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months ( was 5.5 months in March).  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 April 2017 numbers were: 179 active listings, 98 pending sales, and 49 home sales closed.  Better activity for this year when compared to April 2017.
Jensen Beach FL 34957 Residential Market Report April 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

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

Jensen Beach FL 34957 Residential Market Report April 2018

Dunes Club Condos May 2018 Market Report

05.23.18 by

Dunes Club Condos May 2018 Market Report

For May 2018 there are no condos available to purchase in the Dunes Club on Hutchinson Island.

Also, there are no condos currently under contract in the Dunes Club.

And, in the past twelve months, only one condo has sold.  The sales price was $300,000 or $229.01 per sq. ft. of living area.  This condo sold for 95% of list price and went under contract 5 days after being listed.

About the Dunes Club Condos on Hutchinson Island

The Dunes Club on Hutchinson Island

The Dunes Club Condos of Hutchinson Island just outside of the Indian River Plantation complex of Stuart FL is an oceanfront complex of spacious townhome style condos.  These units were built in 1974. There are 18 residences; all are 2 bedroom and 3 bath condos with 1,310 sq. ft. of living area.

Dunes Club Condos on Hutchinson Island

There is ample parking for all as well as a private swimming pool.  The management fees at the time of this writing are $650 per month.

Dunes Club Condos on Hutchinson Island

Though not actually a part of the Indian River Plantation, residents can join the beach club and enjoy the amenities which include a golf course, full-service marina, tennis courts, tiki bar and shuttle service around the complex and to the Hutchinson Island Marriott resort facilities.

Dunes Club Condos on Hutchinson Island

Click here to view available Dunes Club Condos for Sale

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

Dunes Club Condos May 2018 Market Report

Palm City FL 34990 Condo Market Report April 2018

05.22.18 by

Palm City FL 34990 Condo Market Report April 2018

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

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

There are currently 88 active condo listings. (Decreased by 8 condos from March)

   Palm City FL 34990 Condo Market Report April 2018

15 Condo sales are pending and awaiting close or lender approval. (Up by 3 condos from last month)

Palm City FL 34990 Condo Market Report April 2018

7 Condos Sold in April. (Down by 2 condos from March)

Palm City FL 34990 Condo Market Report April 2018

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For April there was an improvement pending sales while closed sales were down by 2 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 climbed to 12.6 months (was 10.7 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 April 2017 numbers were: 86 active listings, 9 pending sales, and 8 closed sales.  Very similar activity as compared to last year with the exception of considerably better pending activity this year.
Palm City FL 34990 Condo Market Report April 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 April 2018

Harborage Yacht Club May 2018 Market Report

05.22.18 by

Harborage Yacht Club May 2018 Market Report

For May 2018 there are 12 active listings in the Harborage Yacht Club with list prices ranging from $148,500 up to $450,000 for an average list price of $233,567 which comes out to $171.89 per sq. ft. of living area.

There are 3 condos currently under contract.  The list prices were from $155,000 up to $169,000 for an average list price of $161,300 or $135.20 per sq. ft. of living area. These 3 condos were on the market for an average of 766 days before going under contract.

In the past 12 months, 8 condos have sold.  Sales prices were from $101,400 up to $265,000 for an average sales price of $138,425 which equals $111.68 per sq. ft. of living area.  These condos sold on average at 88% of list price and took an average of 208 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida:

Harborage Yacht Club Condos in Stuart

Located just north of the charming historical heart of Martin County, Stuart’s downtown and just across the Roosevelt Bridge is one of Stuart’s newest waterfront communities, the Harborage Yacht Club and Marina. Located on the shores of the wide Saint Lucie River and only minutes to access the Atlantic Ocean via the Saint Lucie Inlet and then either great fishing or travel to points beyond.

Harborage Yacht Club Condos in Stuart Harborage Yacht Club Condos in Stuart

The Harborage Yacht Club and Marina consist of a newer condo development with 2 and 3 bedroom luxury residences called cottages, almost all with sweeping water views. Developed by well renowned Altman Development Corporation and constructed from 2004 to 2006.  Completely sold out at its unveiling, many units are currently available at deeply discounted prices.

Harborage Yacht Club Condos in Stuart Harborage Yacht Club Condos in Stuart

The marina consists of 150 deep water docks available for rent for both owners and visitors to the beautiful Treasure Coast. Amenities include a state of the art 3 story yacht club, with the exclusive Harbor Grille restaurant, a completely equipped professional fitness center with sauna and spa, infinity edge pool and spa, and much, much more.

Harborage Yacht Club Condos in Stuart Harborage Yacht Club Condos in Stuart

Yacht club membership is included for all residents and limited memberships are available for non-residents at this time. Recent changes to the HOA fees have had a negative effect on sales in Harborage with the current fees exceeding $1,000 a month.  This includes a great many amenities and for the price of newer waterfront units that may just be worth it for the right buyer.

Harborage Yacht Club Condos in Stuart Harborage Yacht Club Condos in Stuart

Search for available Condos in the Harborage Yacht Club

 Harborage Yacht Club May 2018 Market Report

Palm City FL 34990 Residential Market Report April 2018

05.21.18 by

Palm City FL 34990 Residential Market Report April 2018

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

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

 There are currently 364 active listings (Decreased by 27 homes from March)

Palm City FL 34990 Residential Market Report April 2018

193 Residential sales are pending and awaiting close or lender approval. (Up by 22 homes from last month)

Palm City FL 34990 Residential Market Report April 2018

64 Homes Sold in March (Down by 17 homes from March)

Palm City FL 34990 Residential Market Report April 2018

The Palm City FL, zip code 34990 residential real estate market is going to have an issue maintaining good momentum if the inventory continues to drop as it has the past few months.  Pending sales remain very strong even as closed sales were off from last month.
The monthly absorption rate rose to 5.7 months from 4.8 months in March.  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 April 2017 numbers were:  403 active listings, 191 pending sales, and 80 closed sales.  Somewhat slower closed sales this year, but this is with a greatly reduced number of homes available for sale (inventory).

Palm City FL 34990 Residential Market Report April 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 April 2018

Villa del Sol May 2018 Market Report

05.21.18 by

Villa del Sol May 2018 Market Report

For may 2018 there are two condos on the MLS in Villa del Sol on Hutchinson Island in Jensen Beach FL.  The list prices are $127,900 and $320,000 for an average list price of $223,950 which equals $233.21 per sq. ft. of living area.

There is one condo under contract in Villa del Sol.  It was listed for $180,000 or $200.67 per sq. ft. of living area.  This condo was on the market for 117 days prior to going under contract.

In the past 12 months, 3 condos have sold with sales prices from $209,000 up to $380,000 for an average sales price of $271,333 which works out to $194.65 per sq. ft. of living area.  These condos sold for an average of 94% of list price and were under contract in an average of 164 days after being listed.

About the Villa Del Sol Condos on Hutchinson Island

Villa del Sol condos on Hutchinson Island in Jensen Beach

The Villa del Sol condominium on Hutchinson Island is the first set of condos north of the Jensen Beach Causeway in Saint Lucie County.  This complex was completed between 1970 and 1974 and includes 73 units of condos as well as townhouse style condos from 1 Bedroom, 1 Bath units of 540 sq. ft. of living area under AC up to 2 Bedroom, 2.5 Baths, 2 story units of 1,394 sq. ft.

Villa del Sol condos on Hutchinson Island in Jensen Beach

This is an oceanfront complex with a community pool, private beach access, and manager on site.  1 large pet is permitted and the rental policy allows rentals of 30 days or greater.  As of this writing, the condo fees are $455 per month.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Great location only a short drive to downtown Jensen Beach as well as within walking distance of shops on Hutchinson Island.

Villa del Sol condos on Hutchinson Island in Jensen Beach

Click here for available Villa del Sol 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 – 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 May 2018 Market Report

Sunset Cove Condos May 2018 Market Report

05.20.18 by

Sunset Cove Condos May 2018 Market Report

For May 2018, there are no condos listed in the Sunset Cove condos of North Stuart on the Saint Lucie River.

There is are no condos currently under contract.

In the past 12 months, 2 Sunset Cove condos have sold.  Sales prices were $281,500 and $302,500 for an average sales price of $292,000 which equals $185.99 per sq. ft. of living area.  These sales averaged 96% of the average list price and were on the market for an average of 21 days before going under contract.

About the Sunset Cove Condos

Sunset Cove Condos in Stuart FL

Sunset Cove is a beautiful condo complex north of the Roosevelt Bridge in Stuart FL and just south of the North River Shores area of Stuart.  This four-story elevator equipped condo building lies on the east side of the north fork of the Saint Lucie River with magnificent wide water views from all 32 condos.

Sunset Cove Condos in Stuart FL

This building was built in 1981 and has deep water dockage with easy ocean access as well as a pool, Jacuzzi and clubhouse.  Residents enjoy reserved covered parking spaces as well as ample guest parking.  Great location with just a short hop across the bridge to enjoy all the amenities of historic downtown Stuart.  Also, easy access to shopping, restaurants and the Treasure Coast Mall.

Sunset Cove Condos in Stuart FL

These are spacious 2 bedroom condos with either 1,570 sq. ft. or 1,690 sq. ft. of living space along with wide open balconies to enjoy (as the name implies) scenic sunsets over the wide river.

Sunset Cove Condos in Stuart FL

Sunset Cove has no age restrictions and also welcomes up to 1 small pet.  Rentals are also permitted with some restrictions.  The current condo association fees are $525 per month (April 2018) and include building maintenance and insurance as well as common areas, exterior pest control, trash pickup, etc.  Those utilizing the docks have an additional charge of $1.75 per linear foot of their boats.

Click here to see if any Sunset Cove condos are available for sale

Sunset Cove Condos May 2018 Market Report

Oakbrooke Estates May 2018 Market Report

05.19.18 by

Oakbrooke Estates May 2018 Market Report

As of may 2018, there were no homes for sale in the Oakbrooke Estates community of Palm City in Martin County Florida.

There is one home under contract.  This home was listed for $550,000 which works out to $149.05 per sq. ft. of living area.  This home was on the market for 53 days prior to going under contract.

In the past 12 months, 5 Oakbrooke Estates homes have sold.  Sales prices ranged from $475,000 up to $515,000 which is an average sales price of $485,000 or $134.12 per sq. ft. of living area.  These homes sold for 97% of the last list price and went under contract in an average of 119 days after being listed.

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City FL

Also known as Oakbrooke Estates Gardens.  Located on the north side of Martin Hwy (State Road 714) and just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike.  This community was built between 2003 and 2005 and consists of 70 single family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft. and all these homes come with 3 car garages.

Oakbrooke Estates in Palm City FL

Oakbrooke Estates real estate in Palm City FL

Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs.  There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security.  The low HOA fees of $180 cover the common areas, security gate, trash pickup and basic cable TV.

Oakbrooke Estates real estate in Palm City FL

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle and Martin County High Schools.

Oakbrooke Estates real estate in Palm City FL

A wonderful family friendly community of newer palm City Homes.

Check here to see if any Oakbrooke estates homes are available for sale

 

Stuart FL 34997 Condo Market Report April 2018

05.18.18 by

Stuart FL 34997 Condo Market Report April 2018

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

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

There are currently 57 active condo listings (Up by 1 condos from March).

Stuart FL 34997 Condo Market Report April 2018

19 Condo sales are pending and awaiting close or lender approval (Down by 4 condos from March).

Stuart FL 34997 Condo Market Report April 2018

9 Condos Sold in April (Decreased by 11 condos from March).

Stuart FL 34997 Condo Market Report April 2018

      The Stuart FL condo market for zip code 34997 showed slower activity for April after a red-hot March.  Pending sales are off by quite a lot as were the closed sales.  In great need of more condos available for sale in this area of Stuart FL.

     The absorption rate jumped to 6.3 months in April compared to 2.4 months for March.  Back into 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 April 2017 numbers were: 70 active listings, 44 pending sales, and 5 closed sales.  Better closed activity this year even with a significantly reduced number of condos for sale.  The pending numbers are not as good.

Stuart FL 34997 Condo Market Report April 2018

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart FL 34997 Condo Market Report April 2018

 

 

Stuart FL 34997 Residential Market Report April 2018

05.17.18 by

Stuart FL 34997 Residential Market Report April 2018

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

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

There are currently 276 active listings (Decreased by 21 homes from March).

Stuart FL 34997 Residential Market Report April 2018

166 Residential sales are pending and awaiting close or lender approval (Increased by 2 homes from March).

Stuart FL 34997 Residential Market Report April 2018

84 Homes Sold in April (Decreased by 8 homes from March)

Stuart FL 34997 Residential Market Report April 2018

      The Stuart Florida Residential Market for ZIP Code 34997 remains very active.  There is strong sales and pending activity.  The decrease in inventory is troubling for the future of the market with the potential for much higher prices potentially pricing many out of this market.
     The absorption rate was almost unchanged at 3.3 months (was 3.2 months for March).  Remaing in a very strong seller’s market for the 34997 zip code area of Stuart for April 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 April, were: 330 active listings, 177 pending listings, and 80 closed sales. There’s considerably less inventory of available homes for sale this year.  The sales activity remains very strong even compared to last year.
Stuart FL 34997 Residential Market Report April 2018

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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 April 2018

 

Legacy Cove Stuart FL May 2018 Market Report

05.17.18 by

Legacy Cove Stuart FL May 2018 Market Report

There is currently 1 home available for sale in Legacy Cove in Stuart, FL.  The list price is $389,000 which is $205.71 per sq. ft. of living area.

There is one home currently under contract awaiting settlement.  The list price was $650,000 or $175.87 per sq. ft. of living area.  This home was on the market for 93 days prior to going under contract.

In the past 12 months, 6 homes have sold in Legacy Cove with sales prices ranging from $342,000 up to $471,000 for an average sales price of $396,167 which works out to $163.35 per sq. ft. of living area.  These sales averaged 97% of list price and went under contract in an average of 31 days after going on the market.

About Legacy Cove in Stuart FL:

Legacy Cove in Stuart FL

Legacy Cove in Stuart Florida is a gated lakeside community of 229 homes off Cove Road in Stuart, Florida.  Legacy Cove consists of two sections. The first section of 142 homes called the Cove Isle development was mostly completed between 2004 and 2005.  The newer section, called the Cove Lakes development consists of 87 home sites with construction that began in 2007.  Some homes are yet to be completed in Cove lakes.

Legacy Cove in Stuart FL

There’s a wide variety of homes in Legacy Cove, ranging from the smallest, a 3 bedroom, 2 bathroom, 2 car garage with a little under 1,600 square feet of living area to  4, possible 5 bedroom, 3 and a 1/2 bathroom, 3 car garage two story homes with almost 4,000 square feet of living area.  And many sizes in between.

Legacy Cove in Stuart FL

Legacy Cove boasts a community pool and clubhouse with a fitness center as well as two hard-surfaced tennis courts.  Many homes in Legacy Cove in Stuart Florida have serene lake views and a comfortable private feeling.  Located just minutes from I-95, this is a great location for those wishing to take advantage of Martin County’s amenities while still having an easy commute to work either north or south.

Legacy Cove in Stuart FL

Legacy Cove is in an ‘A’ Martin County school system with children currently attending Pinewood elementary school, Dr. David L Anderson middle school, and Martin County high school.

Legacy Cove in Stuart FL

The HOA fees are very reasonable at $688.00 per quarter.  Management of the community is through Bristol Management of Stuart.

Legacy Cove in Stuart FL

Residents of Legacy Cove in Stuart FL enjoy a relaxing lifestyle with easy access to restaurants, shopping and the many waterways, beaches and public parks that Martin County has to offer.

Search here for Legacy Cove Homes for Sale

Legacy Cove in Stuart FL

For any questions you May have about Legacy Cove Stuart FL, 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

Legacy Cove Stuart FL May 2018 Market Report

 

Stuart FL 34996 Condo Market Report April 2018

05.16.18 by

Stuart FL 34996 Condo Market Report April 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for April 2018

For April 2018 in the 34996 Zip Code area of Stuart, Florida :

There are currently 125 active condo listings (Down by 14 condos from last month).

Stuart FL 34996 Condo Market Report April 2018

59 Condo sales are pending and awaiting close or lender approval (Up by 4 condos from March).

Stuart FL 34996 Condo Market Report April 2018

39 Condos Sold in April (Up by 10 condos from March) 

Stuart FL 34996 Condo Market Report April 2018

The Stuart FL 34996 Condo Market of Stuart had a very strong April with increases in closed and pending sales.  Unfortunately, the inventory dropped.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.2 months from March’s 4.8 months.  Moving to a stronger sellers’ market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2017 were: 148 active listings, 35 pending sales, and 40 closed sales.  Better activity last year on a slightly higher inventory.

Stuart FL 34996 Condo Market Report April 2018

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

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report April 2018

Indian River Drive Real Estate May 2018 Market Report

05.16.18 by

Indian River Drive Real Estate May 2018 Market Report

There are 25 homes and condos available to purchase off of Indian River Drive for May 2018.  These properties are listed for prices from $95,000 up to $2,600,000 for an average list price of $740,660 which works out to $259.32 per sq. ft. of living area.

There are 7 homes under contract.  These homes were listed for a minimum of $34,900 up to $449,900 which averages to $271,600 or $162.12 per sq. ft. of living area.  These homes were on the market for an average of 153 days before going under contract.

In the past 12 months, 27 homes have sold.  Sale prices ranged from a low of $59,900 up to $850,000 for an average sales price of $395,533 which equals $183.71 per sq. ft. of living area.  These homes averaged 128 days on market before going under contract and sold for an average of 94% of list price.

About Indian River Drive:

Search for Indian River Drive Homes for Sale

Search for Indian River Drive Vacant Land for Sale

Discover the last vestiges of old Florida charm and the best values for wide waterfront homes and estate sized land in South Florida today!  Twelve miles of paradise on a two-lane country road along the Treasure Coast between the Island Life Of Jensen Beach and the Historic Town of Ft. Pierce.  Most of the homes on Indian River Drive will have the wide views of the Intracoastal (Indian River)  on the east side and the unspoiled beauty of the Savannahs Preserve State Park on the west side.

Indian River Drive Real Estate

The blue waters of the Atlantic Ocean are just minutes away.  The famous Hutchinson Island is viewed by all residents along this designated Florida Scenic Route.

Indian River Drive Real EstateIndian River Drive Real Estate

The early settlers of the Treasure Coast recognized the Tropical Beauty of this bit of paradise.  Long used as a transportation route for the pineapple plantation owners to ship their product to various ports-of-call. The Intracoastal has easy access to the Atlantic Ocean and is a safe haven for boaters.  World-class marine life is right at your doorstep and the fishing is some of the best in the world.

The high elevation along the drive adds drama and beauty to most homes along this scenic stretch of two-lane road.

Stuart FL 34996 Residential Market Report April 2018

05.15.18 by

Stuart FL 34996 Residential Market Report April 2018

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for April 2018

For April 2018 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 128 active listings (Decreased by 5 homes from March).

Stuart FL 34996 Residential Market Report April 2018

46 Residential sales are pending and awaiting close or lender approval (Down by 2 homes from March).

Stuart FL 34996 Residential Market Report April 2018

28 Homes Sold in April (Down by 1 homes from March).

Stuart FL 34996 Residential Market Report April 2018

The 34996 zip code area of the Stuart Florida residential real estate market continued the strong activity from March.  The low inventory of available homes for sale may be an issue for the coming months.

The one-month absorption rate for the 34996 zip code area of Stuart Florida for April remained unchanged from March at 4.6 months.  Remaining as a seller’s market for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April 2017 were: 163 active listings, 49 pending sales, and 21 closed sales.  Better closed activity this year and similar pending activity.  All with a considerably smaller inventory of homes for sale.

Stuart FL 34996 Residential Market Report April 2018

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

 Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report April 2018