Admiral Condos October 2017 Market Report

10.27.17 by

Admiral Condos October 2017 Market Report

As of October 2017, there are no condos available to purchase in the Admiral on Hutchinson Island in Jensen Beach FL.

There is 1 condo currently under contract.  This condo had a list price of $349,000 or $253.45 per sq. ft. of living area.  This condo went under contract 17 days after it was listed.

In the past 12 months, 7 condos have sold in the Admiral.  Sales prices ranged from $265,000 up to $459,000 for an average sales price of $360,143 which equals $247.10 per sq. ft. of living area.  These condos went under contract in an average of 65 days and sold for an average of 95% of the listed price.

About the Admiral Condominium at Island Dunes

The Admiral Condominiums at Island Dunes on Hutchinson Island in Jensen Beach FL is a high rise building with 104 condos that was built in 1983.  Residents of the Admiral belong to the Island Dunes Country Club which offers a challenging nine hole golf course golf course on the on the banks of the wide Indian River, a championship tennis club , a pro shop, a deep-water marina and fine dining at Pietro’s on the River, the onsite restaurant area which is open to the public.

The Admiral Condominium at Island Dunes

Condos in the Admiral range from 3 bedroom, 3 bathroom units with a spacious 1,922 sq. ft. of living area (under air) down to 2 bedroom, 2 bathroom condos with 1,377 sq. ft.  The current condo association fees are $800 a month for a 2 bedroom condo.  These fees include the many amenities for this building and the Island Dunes Country Club including both Golf and Tennis memberships as well as potential access to deep water ocean access docks.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

All units have wonderful ocean views while many also have sweeping views of the Intracoastal (Indian River) as well as the Island Dunes golf course.  There’s also a private beach access as well as barbecue facilities.

The Admiral Condominium at Island Dunes The Admiral Condominium at Island Dunes

Wonderful amenities are included such as a full first floor common area with kitchen and space for parties, a game room, fitness center and sauna.  The Admiral is a pet free building. Rentals are allowed with restrictions.

The Admiral Condominium at Island Dunes

For those wishing to experience true resort style living on Hutchinson Island in Jensen Beach FL, the Admiral may be the perfect fit.

Click on this link for the currently available Admiral Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
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

Admiral Condos October 2017 Market Report

Lost River Plantation October 2017 Market Report

10.26.17 by

Lost River Plantation October 2017 Market Report

As of October 2017, there are 7 available homes for sale in the Lost River Plantation community of Stuart, FL.  Prices range from $524,900 up to $750,000 for an average price of  $647,814 which equals $222.52 per sq. ft. of living area.

There is 1 home currently under contract in the Lost River Plantation Community.  This home was listed for $565,000 or $244.48 per sq. ft. of living area. This home was listed for 19 days prior to going under contract.

In the past 12 months, there have been 8 sales ranging in sales prices from $535,000 to $819,000 for an average sales price of $669,750 which works out to $225.72 per sq. ft. of living area.  Sales prices averaged 97% of the last list price and these homes were on the market for an average of 123 days prior to accepting these offers.

 About Lost River Plantation in Stuart FL:

Lost River Plantation October 2017 Market Report

Lost River Plantation in Stuart, Florida consists of 111 homes all with private docks and Ocean access via the South Fork of the Saint Lucie River.  All, but just a handful of the homes have waterfront and dockage located in the backyard.  Suitable for deep draft ocean going vessels with some docks able to accommodate over 50’ vessels.  All homes are of newer construction (from 2004 to the present).  There are a limited number of new homes not on the MLS available now or to be built, please call us for details.

Lost River Plantation October 2017 Market ReportLost River Plantation October 2017 Market Report

This is a spectacular waterfront community with very private and protected waterfront areas.  There is a community marina with a clubhouse that offers a fitness center, kitchen and social rooms.  For those wishing to commute to pints north or south, Lost River is very conveniently located near the Interstate for easy access.  Yet, it’s only 10 to 20 minutes’ drive to the pristine beaches and  quaint downtown areas of Stuart, Florida.  Also close to shopping, restaurants as well as medical facilities.  Lost River Plantation is a tremendous opportunity for newer waterfront construction.  A rare gem in this real estate market!

Lost River Plantation October 2017 Market ReportLost River Plantation October 2017 Market Report

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Lost River Plantation October 2017 Market Report

 

Hobe Sound FL 33455 Condo Market Report September 2017

10.26.17 by

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for September 2017

For September 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 17 active condo listings. (Increased by 2 condos from August)

Hobe Sound FL 33455 Condo Market Report September 2017

3 Condos are pending and awaiting close. (Down by 1 condo from August)

Hobe Sound FL 33455 Condo Market Report September 2017

1 Condos sold in September. (Decreased by 5 condos from August)

 Hobe Sound FL 33455 Condo Market Report September 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory is growing, but unfortunately, sales activity was weak for this month.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The absorption rate for Hobe Sound condos was 17 months for September as compared to 5 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 2016 numbers were: 5 active listings, 3 pending sales, and 3 closed sales.  Better overall activity last year when compared to this year.

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report September 2017

Hobe Sound FL 33455 Residential Market Report September 2017

10.25.17 by

Hobe Sound FL 33455 Residential Market Report September 2017

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for September 2017

  For September 2017 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 177 active listings. (Increased by 4 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

57 Residential sales are pending and awaiting close  (Down by 5 homes from July)

Hobe Sound FL 33455 Residential Market Report September 2017

28 Homes Sold in September (Down by 24 homes from last month)

Hobe Sound FL 33455 Residential Market Report September 2017

The Hobe Sound Florida Market Report ZIP Code 33455 showed somewhat weaker activity for September.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 dropped to 6.3 months ( It was 3.3 months in August).  Back into a balanced market after a brief month as a 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 2016 were:  193 active listings, 64 pending sales, and 47 closed sales.  Better activity for 2016 on slightly higher inventory levels.

Hobe Sound FL 33455 Residential Market Report September 2017

Search here for Hobe Sound Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
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Hobe Sound FL 33455 Residential Market Report September 2017

Hummingbird Place October 2017 Market Report

10.25.17 by

Hummingbird Place October 2017 Market Report

There are currently no homes available for sale in Hummingbird Place in Stuart FL.

There are also no homes under contract awaiting settlement at this time.

In the past 12 months, 3 homes have sold in Hummingbird Place.  Sales prices ranged from $385,000 up to $439,000 for an average sales price of $410,963 or $191.33 per sq. ft. of living area.  These homes averaged 46 days on the market before going under contract and sold for 97% of the last listed price.

About Hummingbird Place in Stuart FL:

Hummingbird Place in Stuart FL

Hummingbird Place is a small gated community of 19 homes in North Stuart FL located on Britt Rd and in close proximity to the Treasure Coast Mall and the US-1 shopping area of Jensen Beach FL.  This community was built between 2010 and 2014.  All homes are in the Key West style and offer homes of just under 2,000 sq. ft. of living area with 3 bedrooms and 2 bathrooms up to 2,500 sq. ft. homes with 4 bedrooms and 3 baths.

Hummingbird Place in Stuart FL

Low HOA fees of $200 a month include maintenance and upkeep of the common areas and gate as well as lawn care for each home.   All ages are welcome and pets are allowed.  There are restrictions on commercial vehicles that are not parked inside the garage overnight.

Children living in the Hummingbird subdivision attend Felix A Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Hummingbird Place in Stuart FL

Those looking for quality newer construction in a great area may want to consider Hummingbird Place.

Check here to see if any Hummingbird Place homes are available to purchase.

Hummingbird Place October 2017 Market Report

Jensen Beach FL 34957 Condo Market Report September 2017

10.24.17 by

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for September 2017

For September 2017 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County):

There are currently 82 active listings. (Increased by 2 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2017

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

Jensen Beach FL 34957 Condo Market Report September 2017

25 Condos Sold (Down by 1 condos from August)

Jensen Beach FL 34957 Condo Market Report September 2017

 The Jensen Beach FL 34957 Condo Market Report for September shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.  Activity was off slightly for Jensen beach condos, some of which may have been hurricane related.

The one month absorption rate for the September 2017, Jensen Beach Florida Market Report ZIP Code 34957 inched up to 3.3 months (from 3.1 months in August), still a very 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 September 2016 numbers were: 115 active listings, 37 pending sales and 17 condos closed.  Much stronger activity this year with reduced inventory.  Impressive activity.

Jensen Beach FL 34957 Condo Market Report September 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report September 2017

800 Place October 2017 Market Report

10.24.17 by

800 Place October 2017 Market Report

For October 2017, there are 3 condos for sale in 800 Place in Stuart FL. These condos were listed for prices ranging from $77,900 up to $120,000 for an average list price of $99,267 or $104.55 per sq. ft. of living area.

There are no condos currently under contract and awaiting completion of a sale.

In the past 12 months, 9 800 Place condos have sold.  Sales prices ranged from $72,000 to $112,500 for an average sales price of $85,833 which equals $94.58 per sq. ft. of living area.  These condos went under contract in an average of 67 days and for 98% of the last list price.

About the 800 Place Condos in Stuart FL:

800 Place in Stuart FL

The village of 800 Place in Stuart FL is conveniently located just North of Stuart’s Roosevelt Bridge on Fork Road.  Easy access to historic downtown Stuart as well as all the convenient areas for shopping and restaurants located off US-1 in North Stuart and Jensen Beach.

800 Place in Stuart FL 800 Place in Stuart FL

800 Place has both 2 Bedroom, 2 Bathroom condos and 1 Bedroom 1 & ½ Bath and 1 Bedroom 1 Bath units.  Interior sizes range from 1,068 sq. ft. down to 723 sq. ft.  All ages are welcome and one pet up to 50 lbs. is permitted.  Each unit has 1 reserved parking space and there are numerous guest spaces for additional vehicles.  Pickup trucks are allowed to be parked overnight in this complex, one of the very few that allow these in Martin County.

800 Place in Stuart FL 800 Place in Stuart FL

Children who live in 800 Place are zoned to attend the Felix Williams Elementary School, Stuart Middle School, and the Jensen Beach High School.

Amenities include a clubhouse with a kitchen, meeting facilities, game room and exercise equipment.  A tennis and shuffleboard court and a community pool.  Maintenance fees run from $305 to $400 per month depending on the size of the condo.  These fees include the use of the common area, building insurance, maintenance, cable TV, landscaping, water and sewer, trash pickup and exterior pest control.

800 Place in Stuart FL 800 Place in Stuart FL

For those on a limited budget, the Village of 800 Place may be just the right place.

Currently available 800 Place Condos

800 Place October 2017 Market Report

Jensen Beach FL 34957 Residential Market Report September 2017

10.23.17 by

Jensen Beach FL 34957 Residential Market Report September 2017

 Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for September 2017

 For September 2017 in the 34957 Zip Code area of Jensen Beach, Florida:

 There are currently 142 active listings. (Down by 1 homes from last month)

Jensen Beach FL 34957 Residential Market Report September 2017

55 Residential sales are pending and awaiting close or lender approval. (Down by 22 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2017

29 Homes Sold (Down by 19 homes from August)

Jensen Beach FL 34957 Residential Market Report September 2017

The Jensen Beach FL 34957 Residential Market eased somewhat for September.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.9 months ( was  3.0 months in August).  Remaining as a seller’s market for Jensen Beach residential sales.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The September 2016 numbers were: 179 active listings, 68 pending sales, and 32 home sales closed.  Considerably weaker overall activity this year  with lower inventory levels.
Jensen Beach FL 34957 Residential Market Report September 2017

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Jensen Beach FL 34957 Residential Market Report September 2017

Whitemarsh Reserve October 2017 Market Report

10.23.17 by

Whitemarsh Reserve October 2017 Market Report

For October 2017, there is 1 home available for sale in Whitemarsh Reserve in Stuart FL.  This home is listed for $289,000 or $133.55 per sq. ft. of living area.

There are 2 townhouses that are under contract.  List prices for these pending sales were $231,900 and $244,900 for an average list price of $238,400 which equals $122.73 per sq. ft. of living area.  The average days on market for these homes was 56 days before going under contract.

In the past 12 months, 15 homes have sold in Whitemarsh Preserve.    Sales prices ranged from $187,500 to $275,000 for an average sales price of $236,733 which is $120.93 per sq. ft. of living area.  These homes averaged 41 days on market prior to going under contract and sold for an average of 97% of list price.

About Whitemarsh Reserve:

Whitemarsh Reserve in Stuart FL

This gated community of new town-homes located in Stuart, just off Kanner Highway (SR 76) is a great place for families or singles. Most Whitemarsh Reserve townhomes have private wetlands views and there’s a tranquil nature trail for relaxing walks or exercise. Residents enjoy a resort style pool, basketball court, and a play area for children! This community is like a portrait with its beautiful landscaping.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve townhomes were first built in 2006 and continued through 2012.  The initial townhomes were larger than the last ones that were built.  With the largest ones being 2,299 sq. ft. of living space with 3 bedrooms and 2 bathrooms with 2 car garages and the smallest ones having only 1,000 sq. ft. with 2 bedrooms and 2 bathrooms and a single car garage.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

This is a pet friendly community allowing up to one large dog.  Rentals are also allowed with some restrictions.  The HOA is $154 per month and includes the maintenance of the common areas, basic cable TV, landscaping and lawn service, exterior painting,  trash pickup and the manager.

Whitemarsh Reserve in Stuart FL Whitemarsh Reserve in Stuart FL

Only minutes to I-95 for those wishing to commute either north or south.  Only 30 minutes to West Palm Beach and about 2 hours to Orlando and it’s attractions. The surrounding city of Stuart is a great place to live in with its ‘A’ rated schools, a variety of great restaurants, shopping, gorgeous beaches and recreational activities.

Whitemarsh Reserve in Stuart FL

Search for all Whitemarsh Reserve Real Estate in Stuart FL

Whitemarsh Reserve in Stuart FL

Whitemarsh Reserve October 2017 Market Report

Stuart Florida Real Estate is presented by:
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Indian River Point October 2017 Market Report

10.22.17 by

Indian River Point October 2017 Market Report

For October 2017, there is only one home available for sale in the Indian River Point (a.k.a. Newport Jensen) community of Jensen Beach on Hutchinson Island.  This home is listed for $410,000 which is $259.82 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, only 1 home has sold in this waterfront community.  The sales price was $243,000 or $110.61 per sq. ft. of living area.  This homes took 109 days on market to go under contract and sold for 100% of list price.

About Indian River Point:

Indian River Point in Jensen Beach

Situated on the shores of the wide Intracoastal at the east side of the Jensen Beach Causeway is the private community of Indian River Point (also known by its official designation as Newport Jensen). This non-gated community of 67 homes features community docks with a fishing station, tennis court, community pool and outdoor areas for barbecuing.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Homes were constructed from 1976 to 2001 (with the majority of them built from 1976 to 1983), though some of the homes have been totally remodeled and appear brand new. Sizes range from 2 Bedroom, 2 Bathroom homes of 1,100 sq. ft. up to 4 Bedroom, 3 Bathroom homes of up to 2,370 sq. ft. of living area. Both one and two story homes are in this waterfront community. Some homes have a 1 car garage while others have assigned parking spaces near or in front of the residences.
As of this writing, the homeowners association fees are $335 a month and these include basic cable TV, landscape and lawn maintenance as well as the insurance and care of the common areas and facilities.

Indian River Point in Jensen Beach Indian River Point in Jensen Beach

Indian River Point is a wonderful and tight knit small community that is within walking distance to the beaches and only a short drive to quaint downtown Jensen Beach. Close to restaurants, shopping and in the ‘A’ rated Martin County School District. A wonderful winter getaway or full time Florida home.

Indian River Point in Jensen Beach

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 Indian River Point October 2017 Market Report

The Charter Club at Martin Downs October 2017 Market Report

10.21.17 by

The Charter Club at Martin Downs October 2017 Market Report

There are currently 5 homes for sale in the Charter Club at Martin Downs in Palm City FL.  List prices range from a low of $275,000 up to $305,000 with an average list price of $290,580 or $175.33 per sq. ft. of living area.

There is 1 home under contract that has not yet sold.  This home was listed for  $285,000 which is $154.05 per sq. ft. of living area.  This home went under contract 32 days after being listed.

These past 12 months saw 12 homes sell in the Charter Club.  Sales prices ranged from $196,000 up to $329,900 for an average sales price of $242,750 which equals $137.86 per sq. ft. of living area.  These homes were under contract in an average of 25 days and sold for an average of 95% of list price.

About the Charter Club at Martin Downs:

The Charter Club at Martin Downs

The Charter Club us a gated community of 203 homes on the south side of Martin Downs Blvd.  Developed in 1988 with the last home completed in 1995.  Very well located in the heart of Palm City and just a short distance to shopping, the Turnpike, numerous golf courses and rivers and only about 15 minutes to the beaches of the Atlantic Ocean or 10 minutes to historic downtown Stuart, FL.

The Charter Club at Martin Downs The Charter Club at Martin Downs

Home sizes range from 3 bedroom, 3 bathroom, 2 story homes with over 2,500 sq. ft. of living area down to 2 bedroom, 2 bathroom homes with just over 1,200 sq. ft.  All of the Charter Club homes have garages and most are two car, though a few of the smaller homes only have one car garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

There’s a community pool and hot tub for residents as well as to tennis courts.  There’s also a nice large pond (or small lake) which many homes have nice private water views.  The charter club allows up to 1 medium sized pet per home.  There are also vehicle restrictions for trucks and commercial vehicles that don’t fit into garages.

The Charter Club at Martin Downs The Charter Club at Martin Downs

The HOA fee is currently $235 per month and covers the common areas, landscaping and lawn service, basic cable tv, pest control and trash service.

The Charter Club at Martin Downs The Charter Club at Martin Downs

A wonderful and safe community neighborhood that’s close to ‘A’ rated schools.  The Charter Club at Martin Downs is a great place to call home.

Search here for Charter Club Homes for Sale

The Charter Club at Martin Downs October 2017 Market Report

Palm City FL 34990 Condo Market Report September 2017

10.20.17 by

Palm City FL 34990 Condo Market Report September 2017

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for September 2017

For September 2017 in the 34990 Zip Code area of Palm City, Florida :

There are currently 68 active condo listings. (Decreased by 5 condos from August)

   Palm City FL 34990 Condo Market Report September 2017

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

Palm City FL 34990 Condo Market Report September 2017

3 Condos Sold in September. (Down by 5 condos from July)

Palm City FL 34990 Condo Market Report September 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity dropped for Palm City condos and remains a difficult market for sellers.  (Though a good part of this difficulty comes from two equity golf club communities.)  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month

The current absorption rate for condos in the 34990 zip code area jumped to 22.7 months (was 9.1 months in July).  Still in a buyer’s market for Palm City condominiums, but much less extreme than last month.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The September 2016 numbers were: 71 active listings, 9 pending sales and 4 closed sales.   Slightly better activity last year.
Palm City FL 34990 Condo Market Report September 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report September 2017

The Princess of Hutchinson Island October 2017 Market Report

10.20.17 by

The Princess of Hutchinson Island October 2017 Market Report

As of October 2017, there is only 1 active listing in the Princess of Hutchinson Island.  The list price is $510,000 or  $297.20 per sq. ft. of living area.

There are two condos under contract that have not closed as of this writing.  These condos were listed for $345,000 and $369,900 for an average list price of $357,450 which equals $234.85 per sq. ft. of living area.  These two condos averaged 172 days on the market prior to going under contract.

In the past 12 months, 11 condos have sold in the Princess.  Sales prices ranged from $215,000 up to $385,000 for an average sales price of $309,036 which works out to an average of $220.99 per sq. ft. of living area.  These condos were on the market for an average of 68 days before going under contract and sold for an average of 97% of the last list price.

About the Princess of Hutchinson Island Condos:

The Princess of Hutchinson Island

The Princess of Hutchinson Island is one of the more elegant high rise condominiums on Hutchinson Island in Jensen Beach.  Located just North and East of Nettles Island and just 2 miles North of the Jensen Beach Causeway this 20 story condominium has both 3 bedroom, 2 bathroom condos and 2 bedroom, 2 bathroom condos with varying floor plans from 1,209 sq. ft. to spacious 1,716 sq. ft. units.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The Princess was built in 1984 and has a heated pool, Jacuzzi, common area with a game room, kitchen and bar.  There’s tennis and bocce courts as well as trailer parking and a vehicle wash area.

The Princess of Hutchinson Island The Princess of Hutchinson Island

The maintenance fee (which includes the use of all facilities as well as exterior maintenance and insurance) varies from just under $500 a month to $700 a month depending on the size of the condo.  The Princess of Hutchinson Island is one of the premier locations on the Island and is a much sought after building.

The Princess of Hutchinson Island

Search here for all available Princess of Hutchinson Island 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 – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

The Princess of Hutchinson Island October 2017 Market Report

 

Palm City FL 34990 Residential Market Report September 2017

10.19.17 by

Palm City FL 34990 Residential Market Report September 2017

 Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for September 2017

For September 2017 in the 34990 Zip Code area of Palm City Florida :

 There are currently 335 active listings (Decreased by 11 homes from August)

Palm City FL 34990 Residential Market Report September 2017

108 Residential sales are pending and awaiting close or lender approval. (Down by 20 homes from last month)

Palm City FL 34990 Residential Market Report September 2017

43 Homes Sold in August (Down by 52 home from August)

Palm City FL 34990 Residential Market Report September 2017

The Palm City FL, zip code 34990 residential real estate market remains very active.  For September there was significant reduction in activity.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month
The monthly absorption rate jumped up to 7.8 months from 3.6 months in August.  A shift to a buyer’s market for the Palm City zip code 34990 area for residential sales.  A 6 to 7-month absorption rate is typically considered a balanced market that doesn’t favor either sellers or buyers.

The September 2016 numbers were:  377 active listings, 21 pending sales, and 54 closed sales.  Weaker activity for this year with a fairly big decrease in inventory.

Palm City FL 34990 Residential Market Report September 2017

 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 September 2017

Joes Point October 2017 Real Estate Market Report

10.19.17 by

Joes Point October 2017 Real Estate Market Report

As of October 2017, there is only 1 home for sale in Joes Point on Hutchinson Island.  This home is listed for $1,195,000 or $358.64 per sq. ft. of living area.

There are no homes currently under contract.

In the past 12 months, one home has sold in this waterfront community.  The sales price was $1,015,000 which equals $429.72 per sq. ft. of living area.  This home went under contract in 473 days and sold for 85% of the list price.

About Joes Point on Hutchinson Island:

Joes Point on Hutchinson IslandOne of the most unusual properties on Stuart’s Hutchinson Island is Joes Point.  Located on a private peninsula which juts to the north-west into the mile-wide Indian River (Intracoastal Water Way). Originally developed by Lloyd Dutcher in the early 1980’s this is a premier waterfront subdivision enjoying the many wonderful amenities of Hutchinson Island in Martin County.  Only minutes to the Saint Lucie inlet and the sparkling Atlantic Ocean by boat, with easy access to the Bahamas or through the Okeechobee waterway through the heart of Florida to the Gulf of Mexico by boat.  This is a true boaters paradise.  Abundant fishing is just off the dock or go just a few minutes further for some deep sea fishing and adventure.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Joes Point has 56 home sites (3 are vacant lots at this writing) of which most are waterfront with private docks and sweeping water views of the Intracoastal Waterway (Indian River). There are 8 non-waterfront homes, though they have docks in the community marina which is just a short walk from these homes.  There is also a community RV/Boat storage area as well as a tennis court.  HOA fees as of October 2017 were under $300 per month and include central water and sewer service.

Joes Point on Hutchinson Island Joes Point on Hutchinson Island

Pets are welcome as well as having the ability to rent these homes.  This is a gated community offering a high level of privacy on the shores of the Indian River.  Beach access is across A-1-A in a private and HOA owned beach area.

Search here for any available Joes Point Homes for Sale

Joes Point October 2017 Real Estate Market Report

Stuart FL 34997 Condo Market Report September 2017

10.18.17 by

Stuart FL 34997 Condo Market Report September 2017

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2017

For September 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 49 active condo listings (Increased by 5 condos from August).

Stuart FL 34997 Condo Market Report September 2017

18 Condo sales are pending and awaiting close or lender approval (Decreased by 5 condos from August).

Stuart FL 34997 Condo Market Report September 2017

13 Condos Sold in September (Decreased by 4 condos from August).

Stuart FL 34997 Condo Market Report September 2017

     The Stuart FL condo market for zip code 34997 continues to show strong activity but also now with a troubling decrease in available condos for sale.  This month’s activity may been impacted by Hurricane Irma which shut down real estate for a little over a week last month.
     The absorption rate increased to 3.8 months in September compared to 2.6 months for August.  Still in a very strong sellers’ 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 September 2016 numbers were: 72 active listings, 19 pending sales, and 16 closed sales.  Better closed sales last year but that was with a much greater inventory of available condos.

Stuart FL 34997 Condo Market Report September 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

 

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for September 2017

 

 

Stuart FL 34997 Residential Market Report September 2017

10.17.17 by

Stuart FL 34997 Residential Market Report September 2017

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for September 2017

For September 2017 in the 34997 Zip Code area of Stuart, Florida:

There are currently 274 active listings (Decreased by 17 homes from August).

Stuart FL 34997 Residential Market Report September 2017

130 Residential sales are pending and awaiting close or lender approval (Decreased by 11 homes from August).

Stuart FL 34997 Residential Market Report September 2017

68 Homes Sold in September (Decreased by 18 homes from August)

Stuart FL 34997 Residential Market Report September 2017

      The Stuart Florida Residential Market for ZIP Code 34997 continues with strong activity but a bit weaker than last month.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month.
     The absorption rate inched down to 4.0 months (was 3.4 months for August).  Continuing as a strong seller’s market for the 34997 zip code area of Stuart for September 2017.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for September, were: 309 active listings, 132 pending listings, and 89 closed sales.  Better activity last year, but it was with a bigger selection of homes (inventory)
Stuart FL 34997 Residential Market Report September 2017

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 September 2017

 

Stuart FL 34996 Condo Market Report September 2017

10.16.17 by

Stuart FL 34996 Condo Market Report September 2017

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for September 2017

For September 2017 in the 34996 Zip Code area of Stuart, Florida :

There are currently 112 active condo listings (Increased by 5 condos from last month).

Stuart FL 34996 Condo Market Report September 2017

33 Condo sales are pending and awaiting close or lender approval (Decreased by 6 condos from August).

Stuart FL 34996 Condo Market Report September 2017

21 Condos Sold in September (Down by 7 condos from August) 

Stuart FL 34996 Condo Market Report September 2017

The Stuart FL 34996 Condo Market of Stuart showed somewhat less activity than last month, but still pretty active.  Some of this decreased activity may have been caused by Hurricane Irma which shut down real estate for a little over a week last month.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.3 months from August’s 3.8 months.  Still a seller’s 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 September 2016 were: 132 active listings, 25 pending sales and 21 closed sales.  One of the few areas of martin County with better activity this year when compared to 2016.

Stuart FL 34996 Condo Market Report September 2017

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Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report September 2017

Palm Pointe and Palm Isles October 2017 Market Report

10.16.17 by

Palm Pointe and Palm Isles October 2017 Market Report

There is currently only one active listings in Palm Pointe and Palm Isles community of Palm City FL.  The list price for this home is $309,995 which is equal to $144.59 per sq. ft. of living area.

At this time, there is 1 home under contract which has not yet finalized.  The list price was $260,000 or $142.86 per sq. ft. of living area.  This homes was on the market for 21 days prior to going under contract.

8 homes have sold in the past 12 months.  Sales price ranged from $212,000 to $320,000 with the average sales price of $250,063 which works out to $142.81 per sq. ft. of living area.  These homes were on the market for an average of 45 days prior to going under contract and sold at an average of 96% of list price.

About the Palm Isles and Palm Pointe Community in Palm City:

Palm Pointe and Palm Isles in Palm City

Palm Pointe and Palm Isles are adjoining communities in Palm City just east of High Meadow Rd between Martin Downs Blvd and Martin Hwy. These gated communities are conveniently located close to both Florida’s Turnpike and I-95 making it a great location for those who commute to parts north or south for work, yet want to take advantage of the great school system and amenities that Martin County has to offer. Also within easy reach of shopping, restaurants and medical facilities as well as the many boat ramps and Marinas of Martin County.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

There are a total of 128 homes that were built from 1990 through 1996 for Palm Pointe and 1999 to 2001 for Palm Isles. These two communities share a community pool, tennis courts and a playground.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

Homes range in size from 2 bedroom, 2 bathroom homes of around 1,400 sq. ft. of living space plus a two car garage, up to 4 bedroom, 4 bath homes of around 2,400 sq. ft. plus garage. Many homes in these communities have their own private pools and a lucky few have wonderful lake views.

Palm Pointe and Palm Isles in Palm City Palm Pointe and Palm Isles in Palm City

As of October 2017 HOA fess were just over $200 a month and this community allows large pets and rentals. There are vehicle restrictions for commercial trucks.

Search for Palm Pointe and Palm Isles Homes for Sale

 

Palm Pointe and Palm Isles October 2017 Market Report

The Falls of Jensen Beach October 2017 Market Report

10.15.17 by

The Falls of Jensen Beach October 2017 Market Report

For October 2017 there are 2 homes available for sale in the Falls of Jensen Beach.  Listing prices are $423,500 and $699,000 for an average list price of $561,250 or $158.49 per sq. ft. of living area.

There is one home under contract which has not completed the sales process (closed).  The list price of this home is $624,900 or $157.92 per sq. ft. of living area.  This home was on the market for 194 days prior to going under contract.

In the past 12 months, 10 homes have sold in the Falls of Jensen Beach.  Sales prices ranged from $411,000 up to $639,000 for an average sales price of $491,125 which is equal to $163.15 per sq. ft. of living area.  These homes averaged 87 days on market before going under contract and sold on average for 96% of listed price.

About the Falls in Jensen Beach FL:

The Falls of Jensen Beach real estate

A newer Kolter community located just north and west of the Treasure Coast Mall in Jensen Beach FL.  This is a gated community with spacious lots, many of which have serene preserve or lake views from the back patio and yard.

The Falls of Jensen Beach real estate The Falls of Jensen Beach real estate

The Falls is in a wonderful location close to shopping, restaurants as well as professional services and only a few minutes to the beaches and waterways that Martin County has to offer.  Children living in the falls have the privilege of attending Martin County ‘A’ rated schools.  Currently these are the Jensen beach Elementary school, Stuart Middle school and the Jensen Beach High school.

The Falls of Jensen Beach real estate The Falls of Jensen Beach real estate

Construction in the Falls began in 2006 and all of the 130 lots have now been built, with the latest homes just recently completed in 2016.  As of this writing there are only two new homes available from the builder, but re-sale homes have been coming on the market at a fairly steady rate.

 The Falls of Jensen Beach real estate

Homes sizes in the Falls range from 4 bedroom, 3 bathroom homes of 2,236 sq. ft. of living area up to 5 bedroom, 4 bathroom homes with just under 4,500 sq. ft. under AC.  The majority of the homes in the falls have 3 car garages.  Homes range from single story ranch style designs to two story homes and many have private pools.

The Falls of Jensen Beach real estate

Since this is a newer community, all homes meet the latest building codes for hurricane and wind protection and most homes also feature updated kitchen with granite countertops.

The Falls of Jensen Beach real estate

The HOA fee (as of October 2017) is $232 per month and includes your landscape and lawn service, basic cable TV as well as security and the common areas.  There is no community pool or clubhouse in the Falls.

Here are the currently available homes in the Falls of Jensen Beach

Those interested in new construction in the Falls, please call us for our special builder rebate program (772) 323-6996.