Hammock Creek September 2017 Market Report

Hammock Creek September 2017 Market Report

There are currently 4 homes actively listed in Hammock Creek in Palm City, Florida.  Prices range from $469,900 to 525,000.  The average list price is $497,450 at $194.50 per square foot of living area.

There are 6 homes currently under contract awaiting closing.  The list prices range from $399,900 to $649,000 at an average list price is $497,133 which is equal to $160.88 per square foot of living area.  These homes averaged 111 days from list date to being under contract.

In the past 12 months, 40 homes have sold in Hammock Creek.  Sales prices ranged from $340,000 to $635,000 with an average sales price of $486,263 which works out to $156.86 per square foot of living area.  These homes went under contract in an average of 63 days and sold for an average of 967% of list price.

About Hammock Creek in Palm City FL:

Hammock Creek is a lovely gated upscale neighborhood consisting of three separate sections, The Sanctuary, The Preserve, and The Estates. The community is centered around the Hammock Creek Golf Course, a Jack Nicklaus designed course. Homes in Hammock Creek consist of one and two stories with square footage ranging from 2000 to over 5000 square feet and prices starting in the low 300’s.Most of the homes sit on generous lots with a view of either the lake, preserve, or golf course.

There are wide paver sidewalks ideal for families who enjoy biking, walking, and jogging. Close to fine shopping, nice restaurants, immediate access to I-95 and the turnpike, and A Rated Palm City schools makes Hammock Creek one of Martin County’s premier neighborhoods.

Low HOA fees ranging from approximately $260 to $390 per month depending on which section one resides .

Depending on which section of Hammock Creek you are in HOA fees run from $285 to $485 per quarter.   The ‘A’ rated Martin County schools that children from Hammock Creek attend are the Palm City elementary, Hidden Oaks middle and Martin County high schools.

Here are the currently available homes in Hammock Creek September 2017 Market Report

For any questions you may have about Hammock Creek September 2017 Market Report, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Hammock Creek September 2017 Market Report

Islesworth in Palm City FL September 2017 Market Report

Islesworth in Palm City FL September 2017 Market Report

There are currently 2 homes for sale in Islesworth in Palm City, Florida.  List prices are $399,000 and $414,900 for an average list price of $406,950 which is equal to $159.20 per sq. ft. of living area.

There is 1 home currently under contract in Islesworth. The list price of this home was $429,000 or $134.10 per sq. ft. of living area.  This home was on the market for 106 days before going under contract.

In the past 12 months, 15 homes have sold in Islesworth.  Sales prices ranged from $322,500 to $444,000 with an average sales price of $391,067 which works out to $152.76 per square foot of living area. These homes averaged 59 days on the market prior to going under contract and sold for 97% of the listing price.

About Islesworth in Palm City FL

Islesworth Entrance

The Islesworth subdivision in Palm City is a very attractive neighborhood located in the heart of Palm City, FL in a non-gated community off of Route 714 (Martin Highway).  This was a Pulte community with 113 homes being built from 1996 through 1998.  Most homes are on spacious lots from just under to over ¼ acre sites.

Islesworth Lake 1Many homes enjoy serene water views as there are two smaller lakes in this community.  Both single and two story homes with the vast majority being 4 bedroom homes though there are a number of 5 bedroom homes as well as a few 3 bedroom homes.  The current HOA fees are a very reasonable $463.00 per quarter.  The fees include maintenance and insurance of the common areas, roads, reserve funds and basic cable TV.

Homes in Islesworth 3Islesworth is right next door to Hidden Oaks Middle School and only a short bike ride to Palm City Elementary School.  Children in Islesworth go to Martin County High School which is approximately 5 miles away.

Homes in Islesworth 6Close to grocery and other shopping as well as medical facilities and places of worship, Islesworth offers very easy access to most resident’s needs.  For those needing to commute, both Florida’s Turnpike and I-95 are both only a short distance away.


Islesworth Lake 3

Islesworth Playground

Here are the currently available homes in September 2017 Market Report for Islesworth in Palm City FL

 

For any questions you may have about September 2017 Market Report for Islesworth in Palm City FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

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Islesworth in Palm City FL September 2017 Market Report

Plantation at Sewalls Point September 2017 Market Report

Plantation at Sewalls Point September 2017 Market Report

For September 2017 there are 3 homes available for sale in the Plantation at Sewalls Point.  List prices range from $1,600,000 up to $3,795,000 for an average list price of $2,363,333 which equals $362.31 per sq. ft. of living area.

There are no homes under contract at present in the Plantation at Sewalls Point.

In the past 12 months, there have been 2 sales in the Plantation at Sewalls Point.  Sales prices were $1,100,000 and $1,615,000 for an average sales price of $1,357,500 which works out to $551.59 per sq. ft. of living area.  These homes averaged 144 days on market before going under contract and sold for an average of 97% of the final list price.

About Plantation at Sewalls Point:

Aerial of the Plantation at Sewalls PointThe Plantation at Sewalls Point is an exclusive private community of only 21 home sites.  There are 10 large estate sized waterfront lots with deep water docks and views of the Saint Lucie River some with magnificent waterfront views of the Saint Lucie River.  11 smaller non-waterfront home-sites on 1/2 to 1 acre sites.  All homes were custom built by individual contractors/builders from 1994 to the early 2000’s.  Plantation Home 4

Some of Martin County’s most elegant homes can be found in the Plantation at Sewalls Point. Conveniently located close to Indian Riverside Park, the United States Olympic Sailing Center, Deep Water marinas, restaurants, shopping and all of this within an ‘A’ rated school system.Plantation Home 2

The HOA fees depend on the size of the property and range from around $900 a quarter to $1,400.  The Plantation at Sewalls Point is one of the most prestigious communities in Martin County and the Treasure Coast of FL.

Plantation Home 1

Entrance

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Plantation at Sewalls Point September 2017 Market Report

 

Stuart FL 34994 Condo Market Report August 2017

Stuart FL 34994 Condo Market Report August 2017 

Stuart FL Snapshot for ZIP Code 34994, Condo Sales for August 2017

For August 2017 in the 34994 Zip Code area of Stuart, Florida :

 

There are currently 70 active condo listings (Down by 7 condos from July).

Stuart FL 34994 Condo Market Report August 2017

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

Stuart FL 34994 Condo Market Report August 2017

21 Condos Sold in August (Down by 9 condos from July).

Stuart FL 34994 Condo Market Report August 2017

The Stuart FL 34994 Condo market continues with strong activity throughout the summer months.

The absorption rate for August edged up to 3.3 months compared to last month’s 2.6.  Still in a strong sellers’ market for this condo segment of Stuart’s 34994 zip code area.  Typically a real estate market is considered to be a balanced market with an absorption rate of 6 to 7 months.  Meaning neither the buyers or sellers have an advantage in the real estate market.

Last August the numbers were 89 active listings, 32 pending sales, and 16 closed sales.  Much better activity for this year when compared to August of 2016.

Stuart FL 34994 Condo Market Report August 2017

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Stuart Florida Market Report ZIP Code 34994 – Condo, August 2017

Castle Hill Real Estate Market Report September 2017

Castle Hill Real Estate Market Report September 2017

There is currently 1 home for sale in Castle Hill in Sewalls Point, FL.  This home is listed for $650,000 which is $221.39 per sq. ft. of living area.

There are currently no homes under contract, pending a sale.

In the past 12 months, 3 Castle Hill homes have sold. Sale prices ranged from $860,000 up to $910,000 for an average sales price of $880,000 or $217.41 per sq. ft. of living area.  These homes sold in an average of 130 days on market before going under contract and for 96% of the list price.

About Castle Hill in Sewalls Point FL:

Castle Hill Gate

Castle Hill is an exclusive enclave of 46 homes and lots in prestigious Sewalls Point in Stuart Florida.

This community sits in an unparalleled location only minutes from beaches and equidistant from both the Jensen Beach and Stuart causeways.  Close to marinas and launch facilities as well as shopping, restaurants and schools.

Water views

Residents of Castle Hill enjoy the good life with low HOA fees (currently $285 per quarter) and a quiet family friendly neighborhood for year round Florida living.  Homes range from multi million waterfront properties high on the deep Saint Lucie River to half acre and larger dry home fronts with homes now starting in the high $400,000’s.

It’s an easy ride to either downtown Jensen Beach or downtown Stuart from Castle Hill.  Also, just about equi-distant from the public beaches at Jensen and Stuart Beaches.  Only a minute or two to public boat ramps as well as the Olympic Sailing Center and the Indian Riverside Park.  Really a wonderful location which makes Castle Hill such a desired community to call home.

Castle Hill Home

Castle Hill was established in the early 1990’s and remains one of the prime locations to call home on the Treasure Coast.

Children attend Martin County schools and currently are zoned for the Felix Williams elementary, Stuart middle and the Jensen Beach high schools.  These are some of the finest schools in the State of Florida.

Here are the currently available homes for sale in Castle Hill

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Castle Hill Real Estate Market Report September 2017

Stuart Florida 34994 Residential Real Estate Market Report August 2017

Stuart Florida 34994 Residential Real Estate Market Report August 2017

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for August 2017

For August 2017 in the 34994 Zip Code area of Stuart, Florida :

There are currently 77 active listings (Increased by 2 homes from July)

Stuart Florida 34994 Residential Real Estate Market Report August 2017

26 Residential sales are pending and awaiting close or lender approval (Decreased by 3 homes from last month).

 Stuart Florida 34994 Residential Real Estate Market Report August 2017

16 Homes Sold in July (Increased by 4 homes from July)

Stuart Florida 34994 Residential Real Estate Market Report August 2017

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida had strong activity for August with strong sales activity.

The one month absorption rate for the 34994 zip code for August dropped to 4.8 months from 6.25 months for July.  Bringing the 34994 zip code area of Stuart, FL back into a sellers’ market.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The August 2016 numbers were 64 Active Listings, 25 pending sales, and 13 closed sales.  Better sales and pending activity this year with a little larger inventory.

Stuart Florida 34994 Residential Real Estate Market Report August 2017

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Stuart Florida 34994 Residential Real Estate Market Report August 2017

Willoughby Cay Real Estate Market Report September 2017

Willoughby Cay Real Estate Market Report September 2017

As of September 2017 there are no homes for sale in Willoughby Cay.

One home is currently under contract.  The list price was $244,900 which is $172.95 per sq. ft. of living area.  This home went under contract 2 days after it was listed.

In the past 12 months, 7 homes have sold.  Sales prices ranged from a low of $218,000 up to $261,000 for an average sales price of $242,271 which equals $160.37 per sq. ft. of living area.  These homes averaged 98 days on market before going under contract and sold for an average of 98% of list price.

About Willoughby Cay in Stuart FL:

Willoughby Cay in Stuart FL

Willoughby Cay is a small gated community located on Willoughby Blvd across the street from the prestigious Willoughby Golf Club and consists of 51 buildings of 2 attached villas each (for a total of 102 residences).  These homes were built from 2002 to 2004 by Showcase Designer Homes.

Willoughby Cay in Stuart FL

These homes come in two basic floor plans.  A 2 bedroom, 2 bathroom with two car garage with 1,398 sq. ft. of living area and a 3 bedroom (or 2 bedroom plus den), 2 bathroom with 2 car garage featuring 1,547 sq. ft. of living area.

There is no community pool or other amenities in Willoughby Cay.  A few homes have their own pools located in the back yards.  Membership is available for the Willoughby Golf Club across the street.

Willoughby Cay in Stuart FL

Willoughby Cay is for all ages and is pet-friendly allowing for up to two pets of medium size or smaller.  Rentals are also allowed with some restrictions.  The current HOA fee (as of September 2017) is $220.00 a month and these funds cover Basic Cable TV, Common Areas, Lawn Care, Management Fees, Roof Maintenance and Trash Pickup.

Willoughby Cay in Stuart FL

Children living in Willoughby Cay are zoned for the Pinewood Elementary School, Dr. David L. Anderson Middle School, and Martin County High School.

This community is conveniently located just minutes away from shopping, restaurants, beaches and boat ramps, medical facilities as well as easy access to I-95 and historic downtown Stuart.

This is a very desirable community where homes coming up for sale tend to sell fast.

Click here to see available Willoughby Cay homes for sale

Willoughby Cay Real Estate Market Report September 2017

Sewalls Point Single Family Market Report August 2017

Sewalls Point Single Family Market Report August 2017

Sewalls Point Real Estate Snapshot, Residential Sales for August 2017

 

There are currently 54 active listings (Up by 11 homes from last month)

Sewalls Point Single Family Market Report August 2017

6 home sales are pending and awaiting close or lender approval (Decreased by 2 homes from June)

Sewalls Point Single Family Market Report August 2017

1 Homes sold in June (Decreased by 7 homes sales from June)

Sewalls Point Single Family Market Report August 2017

The single family real estate market in Sewalls Point had very weak closed sales for August and the pending (future0 sales activity is also not very impressive.  The inventory is down from last year as well.

The absorption rate balooned to 54  months, in June it was 3.6 months.  An extreme buyers’ market for Sewalls Point single family homes after two earlier good months for sellers.  A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to August 2016, the inventory was 66 homes on the market, 14 pending sales and there were 6 closed sales.  Considerably better sales activity this year and with reduced inventory.

Sewalls Point Single Family Market Report August 2017

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Sewalls Point Single Family Market Report August 2017

 

Oak Ridge Real Estate Market Report September 2017

Oak Ridge Real Estate Market Report September 2017

There is currently 1 home available for sale in Oak Ridge in Palm City, FL.  The list price is $485,000 which is $160.49 per sq. ft. of living area.

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

17 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $314,000 up to $480,000.  The average sold price was $386,718 which equals $168.18 per sq. ft. of living area.  These homes went under contract in an average of 69 days and sold for 97% of list price.

About Oak Ridge in Palm City FL:

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top rated schools, shopping, I-95 and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree lined streets and cul-de-sacs, homes are located on preserves or water front on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. club house, pool, two lighted tennis courts and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds. The Oak Ridge Home Owners association web site is: http://www.oak-ridge.org. You can view the association rules and regulations and bylaws here as well as links to other Martin County Government sites.

Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

Oak Ridge Real Estate Market Report September 2017

St Lucie County Townhouses and Condos July 2017 Market Detail

St Lucie County Townhouses and Condos July 2017 Market Detail

The St Lucie County Townhouses and Condos Market Detail for July 2017 showed some strong growth as  compared to last July.  Closed sales were up by 26.8% from last year (were down by 19.6% in June) while new pending sales were unchanged for July (was up by 33.3% in June).

Values continue to rise with the median price up by 17.5.% (was up by 4.7% in June) while the average sales price increased by 0.4% (was up by 17.9% in June).  Price rises should moderate some in the coming months.

The inventory of available townhouses and condos decreased by 7 unit from last month to 499 units, which is 1.6% less than July 2016. The current supply is 5.1 months, which is equal to  the 5.1 months of inventory last year.  The St Lucie County townhouses and condos market continues to be a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos July 2017 Market Detail

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St Lucie County Townhouses and Condos July 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Townhouses and Condos July 2017 Market Detail

Martins Crossing Real Estate Market Report September 2017

Martins Crossing Real Estate Market Report September 2017

There are currently 10 homes and townhomes for sale in Martins Crossing.  Prices range from $199,900 to $405,000 for an average list price of $303,130 which equals $143.64 per sq. ft. of living area.

There are 7 homes under contract.  List prices range from $176,500 to $397,000 for an average list price of $284,600 which is $134.56 per sq. ft. of living area.  On average these homes went under contract in 62 days.

In the past twelve months, 48 homes have sold in Martins Crossing.  Sales prices ranged from a low of $149,734 to a high of $401,000 for an average sales price of $263,881 which equates to $127.71 per sq. ft. of living area.  These homes sold at an average of 97% of listed price and were under contract in an average of 47 days.

About Martins Crossing in Stuart FL:

Martins Crossing real estate in Stuart FL

Located in the intimate, yet vibrant, city of Stuart near a variety of fine restaurants, cultural outlets and shopping.  Martins Crossing Real Estate Market Report September 2017, boasts of  596 residences with a stunning variety of single family homes and a section of private town homes. This family friendly community was completed around 2006 with mostly newer homes.

 Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report September 2017 community amenities include lush landscaping and with private preserve views,  The Martins Crossing Clubhouse has a sparkling resort style pool, and over sized deck, tennis courts and a playful tot lot all nearby.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

Martins Crossing Real Estate Market Report September 2017 is conveniently located by Kanner Hwy. and Pomeroy Street for easy access to Historic Downtown Stuart, the beaches and waterways of Martin County, restaurants, shopping and quick access to I-95.  All this in a wonderful ‘A’ rated school system.

Martins Crossing real estate in Stuart FL Martins Crossing real estate in Stuart FL

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Martins Crossing Real Estate Market Report September 2017

St Lucie County Single Family Homes July 2017 Market Detail

St Lucie County Single Family Homes July 2017 Market Detail

St Lucie County Single Family Homes Market Detail for July 2017 showed improved activity as compared to last June as well as last month. Closed sales were up by 8.5% (in June they were unchanged) and new sales under contract (new pending sales) increased by 1.2% (they were down by 10.6% last month).

Prices continued to rise.  The median and average sales prices up by 14.3% and 10.2% respectively from last July (For June these numbers were up 10.7% and 4.5%).  These price increases are making home affordability an issue in St Lucie County.

Active listings increased by 30 homes down to 1,613 homes.  This inventory is 10.1% higher than last year.  The current supply of homes is 3.5 months (was also 3.5 months for June) and 3.3% for last year.  This is 6.1% higher than last year.  The St Lucie County single family home market remains a strong sellers’ market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes July 2017 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes July 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

St Lucie County Single Family Homes July 2017 Market Detail

South Fork Estates Real Estate Market Report for September 2017

South Fork Estates Real Estate Market Report for September 2017

There are currently 2 homes for sale in South Fork Estates in Stuart FL.  The listing prices are $449,000 and $625,000 for an average list price of $537,000 which equates to $210.99 per sq. ft. of living area.

There are no homes under contract at this time in South Fork Estates

In the past 12 months, there have been 6 sales in South Fork Estates.  Sales prices ranged from $318,000 to $499,900.  The average sales price was $397,150 which works out to a per square foot of living area price of $166.12.   These homes were on the market for an average of 111 days before going under contract and sold at 97% of the listing price.

About South Fork Estates in Stuart FL:

Aerial of South Fork Estates in Stuart FL
A unique private community in Stuart, Florida built before land was so expensive that homes had to be placed on top of each other.  All home in South Fork Estates are on 1/2 acre or larger lots, many with serene views of two large lakes located within this community.  Those homes not on the lakes have private preserve views of the Atlantic Ridge.

Home in South Fork Estates in Stuart FL
There are 114 homes in South Fork Estates.  Homes were built from 1992 through as late as 2011.  The majority of the homes are in the 1998 through 2005 years.  Most homes are either 3 or 4 bedrooms with 2 and 3 car garages, ranging in size from around 2,000 sq. ft. of living area to over 3,500.  There are still a few residential lots that are vacant awaiting a home.

Lake in South Fork Estates in Stuart FL

This is a close-knit community with a playground as well as a boat and RV storage area.  Low Homeowners’ association fees of under $50 per month at the time of this writing.

Home in South Fork Estates in Stuart FL

Children living in South Fork Estates attend Crystal Lake Elementary, David L Anderson Middle and South Fork High Schools.

Pool View from South Fork Estates in Stuart FL

Located just off Cove Rd. and Kanner Highways, this community is just minutes from I-95 for commuters.  Shopping and medical facilities are also close by.  And, there are numerous choices for boating access also only a short ride away.

South Fork Estates in Stuart FL - RV and Boat Lot

One of the hidden gems of the Stuart area, South Fork Estates id a great community to call home.

Here are the currently available homes for sale in South Fork Estates

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South Fork Estates Market Report for September 2017

Rustic Hills Palm City FL September 2017 Real Estate Market Report

Rustic Hills Palm City FL September 2017 Real Estate Market Report

There are currently 5 homes available for sale in Rustic Hills.  Listing prices range from $309,999 up to $394,900 for an average list price of $353,760 which equals $176.99 per sq. ft. of living area.

There are 4 homes under contract awaiting finalizing the sale.  List prices ranged from $275,000 up to $349,000 for an average list price $327,100 which is equal to $199.14 per sq. ft. of living area.  This home was on the market for 182 days before going under contract.

In the past 12 months, 9 Rustic Hills homes have sold.  Sales prices ranged from $240,000 up to $469,000 for an average sales price of $351,556 which equates to $186.22 per sq. ft. of living area at a 96% sales to list price ratio.  These homes went under contract in an average of 75 days.

About Rustic Hills in Palm City FL:

Originally a popular fishing camp, Rustic Hills in Palm City, Florida is a quaint waterfront enclave of 178 home sites geared for families who also enjoy boating.All homes have canal frontage with dockage, except for 10 homes/lots, which have deeded spaces for docks.A wonderful entrance through the ‘covered bridge’ allows entry into Rustic Hills.Great families and good neighbors through a series of winding one lane roads that make this neighborhood unique in today’s fast paced life styles.Some homes still have the outward character of the old fishing camp lodges, but most have been completely remodeled or even re-built to today’s standards.

Truly a ‘rustic’ area, but close to shopping, beaches and all modern amenities. Only a short ride by boat to the wide Saint Lucie River and an additional few minutes to the Saint Lucie Inlet and the beautiful Atlantic Ocean.

Currently, children living in Rustic Hills attend Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.  Rustic Hills is an exceptionally friendly family neighborhood where children are seen playing outside at all times and neighbors taking the time to make sure that all is well.

There are a number of exceptional opportunities for the prospective home buyer in Rustic Hills.

Search for currently available homes in Rustic Hills, Palm City, Florida

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Rustic Hills Palm City FL September 2017 Real Estate Market Report

Martin County Townhouses and Condos July 2017 Market Detail

Martin County Townhouses and Condos July 2017 Market Detail

Martin County Townhouses and Condos Market Detail for July 2017 continues to improve when compared to last summer.  Closed sales for the month were up by 11.1% (were down by 17.4% in June) while new sales under contract (new pending sales) were up by 14.4% from July 2016 (decreased by 12.3% in June).

Prices were mixed for July as the median sales price decreased by 4.8% (were down by 0.4% in June) while the average sales price increased by 4.9% (was down by 3.0% in June) as compared to July of 2016.  A little better than last month with both median and average price decreases.

The inventory of available townhouses and condos increased by 24 units to 420 properties as compared to last month.  This is 14.1% greater than the July 2016 inventory.  Currently, there’s a 4.5 month supply of inventory (a 21.6% increase from last year which was 3.7 months).  Still a sellers’ market for townhouses and condos in Martin County. A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Townhouses and Condos July 2017 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos July 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Townhouses and Condos July 2017 Market Detail

Tesoro Club September 2017 Real Estate Market Report

Tesoro Club September 2017 Real Estate Market Report

There are currently 24 homes available to purchase in the Tesoro Club in Port St Lucie FL.  List prices range from $349,000 up to $1,495,000 for an average list price of $702,367 or $187.31 per sq. ft. of living area.

There is one home currently under contract in the Tesoro Club.  List price was $515,000 or $160.14 per sq. ft. of living area.  This home was on the market for 25 days before going under contract.

In the past 12 months there have been 8 sales in the Tesoro Club.  Sales prices ranged from a low of $250,000 up to $1,085,000 for an average sales price of $597,500 which equals $$157.25 per sq. ft. pf living area.  These homes sold at an average of 90% of list price and were on the market for an average 208 days prior to going under contract.

About Tesoro in Port St. Lucie FL:

One of the premier country clubs on Florida’s Treasure Coast, Tesoro lies on 1,400 acres.  The Tesoro Club is home to two par-72 golf courses one is an Arnold Palmer signature course while the other is a Tom Watson signature course.  The Tesoro Club is an official PGA Tour host.

Tesoro real estate in Port St Lucie FL

The centerpiece of the Tesoro club is a 100,000 plus square foot three story clubhouse overlooking a 120 acre lake.  This full service clubhouse is magnificent and offers impeccable services for all the members of the Tesoro Club.

Tesoro real estate in Port St Lucie FL

In addition to the world class golf, the Tesoro Club is also host to its very own swim and racquet club.  The racquet club consists of 10 Har-Tru tennis courts plus one exhibition stadium court and two croquet courts.  There’s a full time ATP Tennis Director offering lessons, clinics and a full service pro shop.  Spacious men’s and women’s locker rooms make this a wonderful facility.  And after that hard match cool off in the pool or soak your sore muscles in the Jacuzzi.

Tesoro real estate in Port St Lucie FL

For those needing more pampering there’s a full service spa and salon on premises.

Tesoro real estate in Port St Lucie FL

And, if you don’t feel like cooking the dining room at the Tesoro club has a menu that is sure to please.

Tesoro real estate in Port St Lucie FL

Homes in Tesoro run the gamut from huge estate homes of 7,000 sq. ft. of living area with 5 and 6 bedrooms and 6 bathrooms on large ½ acre lots, down to more modest 3 bedroom, 2 bathroom homes with around 2,000 square feet of living area along with 2 car garages lying on smaller under one quarter acre lots.

Tesoro real estate in Port St Lucie FL

At this time there are numerous opportunities for new custom homes built to your specifications or a good number of available re-sale homes.  Golf Club membership is not mandatory in certain sections of Tesoro so HOA fees vary considerably from area to area.  For non-membership lots it starts around $580 a month and includes lawn, landscaping, 24 hour monitored security, basic cable TV, management and exterior pest control.

Here are some of the currently available homes in Tesoro

Please call us at 772-323-6996 or email us for the complete and up to date list.

Tesoro Club September 2017 Real Estate Market Report

Martin County Single Family Homes July 2017 Market Detail

Martin County Single Family Homes July 2017 Market Detail

The Martin County Single Family Homes Market Detail for July 2017 showed continued growth as compared to last July.  Closed sales were unchanged (were up by 8.7% in June). New pending sales increased by 22.3% as compared to July of 2016 (Increased by 7.2% in June).

Prices continued to rise with the median sales price up by 10.9% from last year (up by 6.0% in June) while the average price increased by 7.2% (was down by 6.3% last month).

The inventory of available single family homes increased from last month by 40 homes to 1,068 units for July,  this is  10.4% greater than last July.  The current supply of homes is 5.3 months, for July of last year it was a 4.8 months supply. (This is a 10.4% increase from last year).  Still a sellers’ market for Martin County single family home sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Martin County Single Family Homes July 2017 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes July 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Martin County Single Family Homes July 2017 Market Detail

Jensen Beach Club September 2017 Real Estate Market Report

Jensen Beach Club September 2017 Real Estate Market Report

There are no condos for sale in the Jensen Beach Club on Hutchinson Island in the MLS in September 2017.

There are no condos under contract at the present time.

In the past 12 months, 6 condos have sold. Sales prices ranged from $145,000 up to $162,000 for an average sales price of $154,833 which is $142.05 per sq. ft. of living area. These condos sold in an average of 50 days and on average sold for 97% of list price.

About the Jensen Beach Club on Hutchinson Island:

Jensen Beach Club on Hutchinson Island

The Jensen Beach Club is a complex consisting of 9 buildings surrounding a lake on Hutchinson Island on a pristine 21 acres. Lying directly across the street from the Ocean and the public beach at the end of the Jensen Beach Causeway. There are 196 condos which are all 1,090 sq. ft. of living area with 2 bedrooms and 2 bathrooms with private balconies or patios. The Jensen beach Club complex was built between 1986 and 1987 and has a community pool, clubhouse and tennis courts. These are three story buildings with the most desirable condos being end units with lake views.

Jensen Beach Club on Hutchinson Island

The Jensen beach Club will allow up to 25 lb. or smaller pet and rentals are also allowed with some restrictions. The maintenance fee at the time of this post was around $300 per month, which includes the insurance and maintenance for the building exterior as well as the common areas, pest control, management and water and sewer charges.

Jensen Beach Club on Hutchinson Island

There are two designated parking spots for each unit and ample guest parking as well. Jensen Beach Club residents enjoy the convenience of having ocean access just across the street and also being a short drive or bicycle ride to restaurants, shopping and the wonderful amenities of Jensen Beach and Martin County FL. All at a very affordable price.

Jensen Beach Club on Hutchinson Island

Search for available Jensen beach Club Condos here.

Links to all Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler CoveBeachwood VillasButtonwoodDune CondominiumFairwinds CoveGreen Turtle CoveHutchinson HouseIndian River Plantation CondosIslander 12Jensen Beach ClubLittle Ocean ClubLittle Ocean PlaceMaritimesOcean ViewSailfish PointSandpebbleSeasideSuntide

Jensen Beach Club September 2017 Real Estate Market Report

Florida Townhouses and Condos July 2017 Market Detail

Florida Townhouses and Condos July 2017 Market Detail

The Florida Townhouses and Condos Market Detail for July 2017 showed continued growth when compared to last year although at a slightly slower rate.   Closed sales were up by 3.6% as compared to last month’s increase of 4.9% and new sales under contract (new pending sales) increased by 3.6% (In June there was an 6.4% increase).

Prices rose for the month.  Median sales prices were up by 6.8% (was up by 7.2% in June), while the average sales price increased by 9.8% (was up 5.9% in June).  Back to steadily increasing values.

The inventory of active listings decreased by 1.2% from July of last year.  For July 2017 we have 5.6 months of inventory (was 5.8 months in June) and compared to 5.8 months for July 2016.  We remain in a sellers’ market for Florida townhouse and condo sales.  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.

Florida Townhouses and Condos July 2017 Market Detail

Click on the link below or the graphic to see the full market detail report from Florida Realtors: Click here to view or download the full report:
Florida Townhouses and Condos July 2017 Market Detail

To view the latest set of reports from Florida Realtors for the state of Florida, Martin County and Saint Lucie County, please visit GabeSanders.com and select Market Data.

Market information is courtesy of Florida Realtors Research. For additional information and historical archives please visit the Florida Realtors Research page.

Florida Townhouses and Condos July 2017 Market Detail

Bay Tree on Hutchinson Island September 2017 Real Estate Market Report

Bay Tree on Hutchinson Island September 2017 Real Estate Market Report

There is one active listings in Bay Tree on Hutchinson Island in Jensen Beach.  This home has a list price of $435,000 which works out to $196.92 per sq. ft. of living area.

There are 2 homes in Bay Tree currently under contract. List prices were $335,000 and $345,000 for an average of  $340,000 which is $201.23 per sq. ft. of living area.  These two homes averaged 89 days on the market prior to going under contract.

In the past 12 months, 4 homes have sold in Bay Tree.  Sales prices ranged from $310,000 up to $400,000 for an average sales price of $366,250 or $156.49 per sq. ft. of living area.  These homes sold for an average of 90% of list price and were under contract within an average of 204 days on the market.

Bay Tree on Hutchinson Island

Directly across from the beautiful beaches of the Atlantic Ocean, Bay Tree is a wonderful gated community that is made up of 32 homes on Hutchinson Island in Jensen Beach. These newer homes are statuesque and spacious. Bay Tree is in a calm area of Jensen Beach but not too far away from all the excitement of the city or the rest of what the Treasure Coast has to offer. Orlando is only 2 hours away; while West Palm Beach is only 45 minutes away. The beaches have beautiful crystal blue water and soft sand. Enjoy all the advantages of Florida living in this wonderful friendly community!

Bay Tree on Hutchinson Island Bay Tree on Hutchinson Island

Homes in Bay Tree were built from 1992 to 2002 and consist of 2 bedroom, two bathroom homes of just over 1,500 sq. ft. of living area up to a spacious 4 bedroom, 4 bathroom home with just under 4,000 sq. ft. of space under AC.  This community has access to the beach at Waveland Beach Park directly across the street.  And is now also equipped with a good sized day dock where boaters and fisherman can stop to pick up guests and supplies for the day.

Bay Tree on Hutchinson Island Bay Tree on Hutchinson Island

The Bay Tree community is only just over 1.5 miles from the Jensen Beach Causeway and residents have easy and convenient access to downtown Jensen Beach with it’s restaurants and shopping.  And, only 5 miles to the Stuart Causeway for additional options for shopping, entertainment and dining.

Bay Tree on Hutchinson Island Bay Tree on Hutchinson Island

HOA fees are a very reasonable $850 per quarter which include maintenance and insurance of the common areas and community pol and day dock.  This community allows rentals and is a pet friendly community with large dogs permitted.

Bay Tree on Hutchinson Island Bay Tree on Hutchinson Island

For possible off market homes in Bay Tree, please contact the Gabe Sanders BlueWater realty team.

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