Inlet Village August 2017 Condo Real Estate Market Report

08.25.17 by

Inlet Village August 2017 Condo Real Estate Market Report

There are 7 condos for sale in the Inlet Village Condominiums of Indian River Plantation on Hutchinson Island in Stuart FL for August 2017.  List prices range from $210,000 up to $310,000 for an average list price of $257,243 which is $238.52 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 6 condos have sold in Inlet Village.  Sales prices ranged from $150,000 up to $305,000 for an average sales price of $212,583 which equal $215.65 per sq. ft. of living area.  These condos sold for an average of 92% of list price and were on the market for an average of 91 days.

About Inlet Village Condos on Hutchinson Island in Stuart FL:

Inlet Village is located near the South end of Hutchinson Island in Stuart, Florida.  Just 40 minutes North of Palm Beach International Airport. Inlet Village consists of three 4 story buildings.  Two of which overlook the wide Indian River (Intracoastal Waterway) and the other with seeping views of lakes and the Indian River Plantation golf course.

Inlet Village in Indian River Plantation

Within easy walking distance to the Indian River Plantation Marriott Resort where you can enjoy guest privileges such as golf, tennis, water sports, spa, fitness center, hotel dining and the delightful sandy beaches of the Atlantic Ocean! At the beach there is a tiki bar/restaurant where you can enjoy tropical drinks and/or have a enjoyable lunch.

Inlet Village in Indian River Plantation

Inlet Village is one of the few pet friendly condo associations that allow up to two large pets per condo.  Liberal rental rules will also allow rentals as short as one month.  The Condo fees (as of August 2017) were $500 a month and cover the common areas as well as building insurance and outside maintenance as well as water and sewer.

Search for Inlet Village Condos for Sale

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

Jensen Beach FL 34957 Condo Market Report July 2017

08.24.17 by

Jensen Beach FL 34957 Condo Market Report July 2017

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

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



There are currently 93 active listings. (Decreased by 12 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

35 Condo sales are pending and awaiting settlement. (Down by 9 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

32 Condos Sold (Up by 1 condos from June)

Jensen Beach FL 34957 Condo Market Report July 2017

 The Jensen Beach FL 34957 Condo Market Report for July shows a continuing active market though the inventory continues to decline making for fewer available condos available to purchase.

The one month absorption rate for the July 2017, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.9 months (from 3.4 months in June), a 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 July 2016 numbers were: 112 active listings, 46 pending sales and 27 condos closed.  We had a change in reporting data collection methods and are now including all condos in the 34957 zip code which increases the sampling data base, so the comparisons from last year are not valid at present.

Jensen Beach FL 34957 Condo Market Report July 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report July 2017

Whispering Sound Palm City August 2017 Real Estate Market Report

08.24.17 by

Whispering Sound Palm City August 2017 Real Estate Market Report

 There is only one home for sale in Whispering Sound in August 2017 listed for $210,000 which equals $133.16 per sq. ft. of living area.

There is one home under contract. The list price was $217,900 or $149.14 per sq. ft. of living area.

In the past 12 months, 17 homes have sold in this Whispering Sound. Sales prices ranged from $172,000 up to $230,000 for an average sales price of $211,018 which equals $132.55 per sq. ft. of living area.  These sales averages 97% list to sales price ratio and went under contract in an average of 44 days.

About Whispering Sound in Palm City FL:

Whispering Sound Palm City

Whispering Sound is a gated age restricted community (55+) in Palm City FL.  An excellent location just west of the new Veteran’ Memorial Bridge on Martin Highway (State Road 714) making downtown Stuart a short ride as well as easy access to Florida’s Turnpike and I-95.  Lots of shopping, restaurants and medical facilities are also very close to Whispering Sound.

Whispering Sound Homes for Sale in Palm City FL

This attractive community has 228 villas that were built from 1991 to 1998.  These villas all come with either a two car or one car garage.  Sizes range from just under 1,800 sq. ft. of living area to 1.449 sq. ft.  Interiors range from 2 Bedroom and 2 Baths to 3 Bedroom 2 Bath homes.

Whispering Sound Homes for Sale in Palm City FL

Clubhouse of Whispering Sound Homes for Sale in Palm City FL

This active 55+ community boasts of an active club house with heated swimming pool, spa, tennis courts and shuffleboard along with many activities that will keep the most active residents happily occupied throughout the year.

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Whispering Sound Palm City August 2017 Real Estate Market Report

Jensen Beach FL 34957 Residential Market Report July 2017

08.23.17 by

Jensen Beach FL 34957 Residential Market Report July 2017

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

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

 There are currently 165 active listings. (Down by 11 homes from last month)

Jensen Beach FL 34957 Residential Market Report July 2017

79 Residential sales are pending and awaiting close or lender approval. (Up by 21 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2017

27 Homes Sold (Down by 20 homes from June)

Jensen Beach FL 34957 Residential Market Report July 2017

The Jensen Beach FL 34957 Residential Market had a bad month for closed sales, while showing good pending sales numbers which should result in better closed sales in the coming months..
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 jumped to 6.1 months ( was 3.7 months in June).  Now a balanced market for July.   A 6 to 7-month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The July 2016 numbers were: 164 active listings, 66 pending sales, and 56 home sales closed.  Considerably weaker sales for this July when compared to last year.
Jensen Beach FL 34957 Residential Market Report July 2017

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Jensen Beach FL 34957 Residential Market Report July 2017

Harbour Pointe Palm City August 2017 Real Estate Market Report

08.23.17 by

Harbour Pointe Palm City August 2017 Real Estate Market Report

There is only 1 home for sale in Harbour Pointe.  This home is listed for $549,000 or 172.64 per square foot of living area.

There are 5 Harbour Pointe homes under contract.  They were last listed from $395,000 up to $435,000 for an average list price of $411,400 which is $178.51 per square foot of living area.  These homes averaged 18 days on market before going under contract.

12 homes have sold in the past 12 months with sales prices from $340,000 up to  $445,000.  The average sales price was $367,292 which works out to $163.85 per square foot of living area.  These homes sold for an average of 97% list price and averaged 64 days on the market before going under contract.

About Harbour Pointe in Palm City FL:

Harbour Pointe is a gated community of 120 homes in Palm City Florida.  This small and private community features modern homes with open floor plans that have many of the amenities that home buyers have sought after with an ideal location that is the envy of many in Martin County!  Residents enjoy preserve and lake  views in spacious custom designed homes.

Harbour Pointe Palm City FL

This wonderful residential community is close to Palm City Elementary, Hidden Oaks Middle School and Martin County High School, which are among the ‘A’ rated schools of Martin County.  Also close to shopping, restaurants as well as the beaches of Martin County as well as easy access to I-95 and Florida’s Turnpike makes it a commuters dream!

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

For more information about this and other Martin County communities contact:
Gabe Sanders

Palm City Florida Real Estate

Residential Homes, Condos and Land with special emphasis on Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Harbour Pointe Palm City August 2017 Real Estate Market Report

 

Palm City FL 34990 Condo Market Report July 2017

08.22.17 by

Palm City FL 34990 Condo Market Report July 2017

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

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



There are currently 75 active condo listings. (Unchanged from June)

   Palm City FL 34990 Condo Market Report July 2017

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

Palm City FL 34990 Condo Market Report July 2017

2 Condos Sold in July. (Down by 4 condos from June)

Palm City FL 34990 Condo Market Report July 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  Market activity remains pretty slow 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.)

The current absorption rate for condos in the 34990 zip code area jumped to 37.5 months (was 12.5 months in June).  An extreme buyers’ market for Palm City condominiums.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The July 2016 numbers were: 60 active listings, 7 pending sales and 3 closed sales.   Invenory has increased from last year and activity is slightly slower as well.
Palm City FL 34990 Condo Market Report July 2017

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Palm City Florida Real Estate presented by:
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Palm City FL 34990 Condo Market Report July 2017

Mariner Sands August 2017 Market Report

08.22.17 by

Mariner Sands August 2017 Market Report

For late August 2017 there are 38 properties for sale in Mariner Sands.  These 38 properties include a mix of condos and homes.  The list prices range from $144,900 up to $599,000 for an average list price of $341,821 which works out to $139.51 per sq. ft. of living area.

There are 10 homes under contract (pending) which have not completed the sales process to date.  List prices were from $225,000 up to $675,000 for an average of $$403,560 or $159.07 per sq. ft. of living area.  These homes averaged 119 days on market prior to going under contract.

In the past 12 months, 42 homes and condos have sold.  Sales prices ranged from $128,000 up to $600,000 for an average sales price of $372,121 which equals $141.60 per sq. ft. of living area.  These homes averaged 111 days on the market before going under contract and sold on average at 92% of the last listed price.

About the Mariner Sands Golf & Country Club:

One of our premier golf course communities located on 728 pristine acres with magnificent landscaping featuring idyllic lakes and water views as well as natural wooded buffers.   There are 771 residences in Mariner Sands with exclusive use of two championship golf courses.  Designed by famed course architects Tom Fazio and Frank Duane.  In addition to 36 holes of magnificent golf,

Mariner Sands also features a championship Tennis facility with 9 Har-Tru courts and pro shop.  Yearly clinics as well as tournaments keep the Tennis players busy.  Members have access to the adjacent large swimming pool and pool bar.

There’s also a The 2,100 sq. ft. Fitness Center is available for use by all Mariner Sands members.  It contains state-of-the-art equipment for cardiovascular development, strength and toning procedures for all muscle groups and flexibility improvement. Two on-site licensed personal trainers are available to assist members in developing specific individual programs.

For pet lovers, Mariner Sands boasts it’s own ‘doggie park’ for use by all residents.

Mariner Sands is one of the few golf communities in Florida that has it’s own chapel. It has multi-denominational worship services and is host to art classes, a library and various cultural events.  The chapel also facilitates some of the many charitable events and volunteer opportunities for the community.  A Memorial Garden is available for interment to all Mariner Sands residents and their families.

Monthly HOA fees vary greatly depending on the home’s location and for condos.  Golf membership is not mandatory but social membership is and is included in the monthly HOA (Home Owners’ Association) or COA (Condo Owners’ Association) dues.  These social fees are $2080.00 per quarter.  Currently (as of October 2016) there’s a one time non-refundable capitol contribution of $20,000 for anyone purchasing a Mariner Sands residence.

 Search for Mariner Sands Golf Club Homes for Sale

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Mariner Sands August 2017 Market Report

Palm City FL 34990 Residential Market Report July 2017

08.21.17 by

Palm City FL 34990 Residential Market Report July 2017

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

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

 

There are currently 398 active listings (Increased by 12 homes from June)

Palm City FL 34990 Residential Market Report July 2017

165 Residential sales are pending and awaiting close or lender approval. (Down by 6 homes from last month)

Palm City FL 34990 Residential Market Report July 2017

96 Homes Sold in June (No change from June)

Palm City FL 34990 Residential Market Report July 2017

The Palm City FL, zip code 34990 residential real estate market remains very active.  Interestingly, inventory levels are above last year, which is not the current trend in the county.
The monthly absorption rate inched up to 4.1 months from 4.0 months in June.  Still a sellers’ 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 July 2016 numbers were:  383 active listings, 120 pending sales and 83 closed sales.  Stronger activity for this year with a slightly higher inventory of homes for sale.

Palm City FL 34990 Residential Market Report July 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 July 2017

Pipers Landing August 2017 Market Report

08.21.17 by

Pipers Landing August 2017 Market Report

There are currently 25 active listings for sale in Pipers Landing.  List prices for these homes range from $25,000 to $1,200,000 for an average list price of $262,704 which equals $91.14 per sq. ft. of living area.

As of this time there are 2 homes and 1 condo under contract which haven’t closed to date.  List prices for these properties were $249,000 and $399,900 for an average of $324,450 which is $96.65 per sq. ft. of living area.  These 2 homes averaged 157 days on market before going under contract.

In the past 12 months 16 homes have sold in Pipers Landing.  The sales prices ranged from a low of $26,357 up to $750,000.  The average sales price was $215,554 or $65.59 per sq. ft. of living area.  These sold listings averaged 170 days on the market before going under contract and sold at an average of 85% of the list price.

About Pipers Landing in Palm City FL:

A true world class golfing community in Palm City with just 302 homes on 600 acres of pristine Florida natural preserve and lushly landscaped grounds.  This is a waterfront community with deep water ocean access dockage that can accommodate yachts up to 75′.

This is an equity golf course community (membership is mandatory).  Championship Joe lee designed course (6,832 yards) offering five different levels of play for all abilities.  Homes include spacious condos to spacious waterfront estate homes.  All this in beautiful Martin County, Florida, which boasts an abundance of beautiful waterways and quaint historic areas to experience and enjoy.

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Pipers Landing August 2017 Market Report

Lakeside Condos Indian River Plantation August 2017 Market Report

08.20.17 by

Lakeside Condos Indian River Plantation August 2017 Market Report

For August 2017, there are 5 active active listings for sale in Lakeside in Indian River Plantation on Hutchinson Island.  The listing prices for these condos ranged from $190,000 up to $289,000 for an average list price of $241,580 which works out to $246.64 per sq. ft. of living area.

There are no condos under contract and awaiting settlement.

In the past 12 months, 10 Lakeside Condos have sold with sales prices ranging from $113,250 up to $274,000 for an average sales price of $199,115 which is $235.29 per sq. ft. of living area.  These condos sold for an average of 92% of the list price and in an average of 71 days on market (before going under contract).

About the Lakeside Condos in Indian River Plantation:

Lakeside Condos in Indian River Plantation

For those looking to live in a resort setting with the beaches of the Atlantic Ocean close by as well as a full service Marina, golf course, restaurants and fitness facilities without paying the premium price of most resorts, then the Lakeside Condos of Indian River Plantation might just be the place for you.

Lakeside Condos in Indian River Plantation

These Lakeside Condos are condos located just off the golf course and surrounded by the Atlantic Ocean to the east and the Indian River (Intracoastal) to the west.  Situated on a private peninsula in the middle of the Marriott Resort Complex at Indian River Plantation.  There are 74 units built in 1980.  Sizes range from 1 bedroom, 1 bath units of 596 sq. ft. up to 2 bedroom, 3 bath units with 1323 sq. ft. of living area.  This is a pet friendly complex that will allow up to two large pets.  At the time of this writing the condo association fees were $375.00 a month.

Lakeside Condos in Indian River Plantation

The Lakeside Condos at Indian River Plantation are in an excellent location, just a short walk to the beach and there’s a courtesy tram that is available to take residents and guests around the sprawling facilities of the Marriott resort at Indian River Plantation.  Just a short drive to the grocery store, historic downtown Stuart and the many, many amenities that Martin County FL has to offer.

Lakeside Condos in Indian River Plantation

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

Lakeside Condos Indian River Plantation August 2017 Market Report

Windstone Palm City August 2017 Market Report

08.19.17 by

Windstone Palm City August 2017 Market Report

As of August 2017:

There are currently 2 homes for sale in Windstone in Palm City, FL.  These homes are listed for $559,000 and $629,000 for an average list price of $594,000 which equals $199.67 per sq. ft. of living area.

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

In the past 12 months, 7 homes have sold in Windstone.  The sales prices ranged from $475,000 to $600,000.  The average sales price was $535,714 which equals $180.11 per sq. ft. of living area.  These sold listings averaged 92 days on the market before going under contract and sold for 95% of the list price.

About Windstone in Palm City FL:

Formerly known as Rivers End and now re-named to Windstone. Featuring spacious waterfront homes, Windstone Palm City August 2017 Market Report is a safe and peaceful gated community in Palm City that has gorgeous views of Florida nature preserves around nearly every home.

Larger lot sizes of half an acre and more in these newer homes are the rule.  The neighborhood itself is very uncrowded with only 110 existing homes.  Some vacant lots are still available for purchase for those wishing to build their dream home in Windstone Palm City August 2017 Market Report, one of the premier neighborhoods in one of the best cities in Martin County!

Windstone Palm City August 2017 Market Report is within close range to “A” rated school, I-95 and Florida’s Turnpike making this a great place for locals or commuters to call home!

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Windstone Palm City August 2017 Market Report

Stuart FL 34997 Condo Market Report July 2017

08.18.17 by

Stuart FL 34997 Condo Market Report July 2017

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

 

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

There are currently 61 active condo listings (Increased by 11 condos from June).

Stuart FL 34997 Condo Market Report July 2017

32 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from June).

Stuart FL 34997 Condo Market Report July 2017

25 Condos Sold in July (Increased by 18 condos from June).

Stuart FL 34997 Condo Market Report July 2017

     The Stuart FL condo market for zip code 34997 returned to a very strong market activity after a very strange month in June.
     The absorption rate plunged to 2.4 months in July compared to 7.1 months for June.  Back into 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 July 2016 numbers were: 73 active listings, 25 pending sales, and 10 closed sales.  Considerably stronger activity this year on a reduced inventory of condos available for sale.

Stuart FL 34997 Condo Market Report July 2017

Stuart Florida Real Estate presented by:
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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for July 2017

 

 

Kingswood Condo August 2017 Market Report

08.18.17 by

Kingswood Condo August 2017 Market Report

August 2017 Market Report:

There are 12 condos currently for sale in the Kingswood condo community of Stuart FL.  Listing prices are from $89,900 up to $100,000 for an average list price of $96,350 which equals $87.13 per sq. ft. of living area.

There are currently 3 condos under contract with list prices from $68,000 up to $89,900 for an average list price for these pending sales of $78,300 or $79.67 per sq. ft. of living area.  These two condos averaged 38 days on the market before going under contract.

25 condos have sold in the past 12 months.  Ranging in sales price from $55,000 up  to $104,000.  The average sales price was $81,336 which works out to $74.23 per sq. ft. of living area.  These condos sold on average of 81 days on market before going under contract and with sales prices at 94% of list price.

About Kingswood Condos in Stuart FL:

Kingswood Condos in Stuart FL

Kingswood Condos are located in the heart of Stuart and within walking distance of shopping, restaurants and medical facilities is the Kingswood Condominium complex of Stuart FL. Just a short ride out to the beaches or to historic downtown Stuart, this location is just difficult to beat.

Kingswood Condo August 2017 Market Report

Kingswood consists of 444 condominiums that were built from 1970 till 1995. There are various floor plans and sizes ranging from 2 Bedroom, 2 Bathroom condos with 1,236 sq. ft. of living area down to 1 Bedroom, 1 bathroom condos with 691 sq. ft. of living area.

Kingswood Condo in Stuart FL

Most of Kingswood’s buildings are two stories with condos on each floor, though there are three newer 4 story elevator buildings with some units offering views f the Saint Lucie River. There are three community pools in Kingswood.

Kingswood Condo in Stuart FL Kingswood Condo in Stuart FL

HOA fees vary from size and location of the unit and are currently from just over $200 per month up to $360 per month. These fees cover the recreation area, building insurance, water, sewer, trash and pest control as well as basic cable TV.

Search here for all available Kingswood Condos for Sale

Kingswood Condos for Sale

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Stuart Florida Real Estate is presented by:
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Kingswood Condo August 2017 Market Report

Stuart FL 34997 Residential Market Report July 2017

08.17.17 by

Stuart FL 34997 Residential Market Report July 2017

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

There are currently 292 active listings (Increased by 31 homes from June).

Stuart FL 34997 Residential Market Report July 2017

180 Residential sales are pending and awaiting close or lender approval (No change from June).

Stuart FL 34997 Residential Market Report July 2017

84 Homes Sold in July (Decreased by 3 homes from June)

Stuart FL 34997 Residential Market Report July 2017

      The Stuart Florida Residential Market for ZIP Code 34997  had a welcome increase in inventory for July along with strong pending sales numbers and slightly weaker closed sales from last month.
     The absorption rate increased to 3.5 months (was 3.0 months for June).  Continuing as a strong sellers’ market for the 34997 zip code area of Stuart for July 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 July, were: 299 active listings, 159 pending listings and 86 closed sales.  Better closed activity last year, but higher pending sales this year which indicates strong future closed sales activity.
Stuart FL 34997 Residential Market Report July 2017

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

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Stuart FL 34997 Residential Market Report July 2017

The Preserve of Hobe Sound August 2017 Real Estate Market Report

08.17.17 by

The Preserve of Hobe Sound August 2017 Real Estate Market Report

For August 2017, there are 2 homes on the market in the Preserve of Hobe Sound.  These homes are listed for $270,000 and $285,000 for an average list price of $277,500 which is $137.58 per sq. ft. of living area.

There are two homes currently under contract.  These homes were listed for $279,711 and $329,000 for an average list price of $304,356 or $150.90 per sq. ft. of living area.  These homes averaged 17 days on the market before going under contract

In the past 12 months, 23 homes have sold in the Preserve.  Sales prices ranged from $245,000 up to $331,500 for an average sales price of $289,283 which works out to $143.42 per sq. ft. of living area.  These homes averaged 43 days on the market before going under contract and sold for 97% of list price.

About The Preserve of Hobe Sound:

The Preserve of Hobe Sound

The Preserve of Hobe Sound is a DiVosta built community which was completed in 1989 with just over 300 Hampton model homes which feature 2,017 sq. ft. of living area with 3 bedrooms and 2 bathrooms and a two car garage.  The garages come in both front and side entrance varieties.

The Preserve of Hobe Sound The Preserve of Hobe Sound

This community is just west of Federal Highway (Us-1) on Seabranch Avenue and lies adjacent to the Lost Lake Golf Club which has memberships available for those wishing to play golf as well as social memberships for others who enjoy the company of like-minded local residents.

The Preserve of Hobe Sound The Preserve of Hobe Sound

This is a gated community with a very attractive waterfall lake entrance.  Many homes enjoy lovely views of the five lakes on the grounds while a few have views of the Lost Lake Golf Course.  All ages are welcome and up to two large pets are permitted.  The community offers a heated pool, two tennis courts and two bocce ball courts along with a small clubhouse.  Low HOA fees of $184.00 a month (as of August 2017) cover landscaping (front of home) as well as the common areas, basic cable TV, management fees and trash pickup.

Children who reside in the Preserve are zoned to attend the Sea Wind Elementary School, Murray Middle School, and South Fork High School.

The Preserve of Hobe Sound The Preserve of Hobe Sound

This great location is only a 15-minute drive to historic downtown Stuart and about 20 minutes to the Town of Jupiter as well as offering easy access to Jupiter Island Beaches and numerous marinas and boat ramps available at no charge to Martin County Residents.

There are also excellent medical facilities close by as well as restaurants and shopping.  A great choice for those moving to Florida for a new home as well as those looking to get away from the harsh northern winters.

Search here for any available Preserve Homes for Sale

The Preserve of Hobe Sound August 2017 Real Estate Market Report

Stuart FL 34996 Condo Market Report July 2017

08.16.17 by

Stuart FL 34996 Condo Market Report July 2017

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

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

There are currently 122 active condo listings (Decreased by 10 condos from last month).

Stuart FL 34996 Condo Market Report July 2017

43 Condo sales are pending and awaiting close or lender approval (Increased by 3 condos from June).

Stuart FL 34996 Condo Market Report July 2017

21 Condos Sold in July (Down by 5 condos from June) 

Stuart FL 34996 Condo Market Report July 2017

The Stuart FL 34996 Condo Market of Stuart had fewer sales for July when compared to last month but continues with very strong activity through the summer.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 increased to 5.8 months from June’s 5.1 months.  Remaining as a sellers market for this segment of Martin County condos, but mow almost a balanced market.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for July 2016 were: 120 active listings, 33 pending sales and 16 closed sales.  Stronger activity for this year when compared to July of 2016.

Stuart FL 34996 Condo Market Report July 2017

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Stuart FL 34996 Condo Market Report July 2017

Stuart FL 34996 Residential Market Report July 2017

08.15.17 by

Stuart FL 34996 Residential Market Report July 2017

 Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for July 2017

 

For July 2017 in the Stuart Florida Market Report ZIP Code 34996 Florida :

 

There are currently 147 active listings (Up by 9 homes from June).

Stuart FL 34996 Residential Market Report July 2017

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

Stuart FL 34996 Residential Market Report July 2017

36 Homes Sold in July (Decreased by 5 homes from June).

Stuart FL 34996 Residential Market Report July 2017

The 34996 zip code area of the Stuart Florida residential real estate eased a bit from last month.  Yet, it is still a very active market even as we are in the middle of the summer.

The one month absorption rate for the 34996 zip code area of Stuart Florida for July rose to 4.1 months as compared to June’s 3.4 months.  Remaining in a sellers’ 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 July of 2016 were: 151 active listings, 27 pending sales and 24 closed sales.  Better volume of sales and pending sales this year.

Stuart FL 34996 Residential Market Report July 2017

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Stuart FL 34996 Residential Market Report July 2017

Bahia Sound Real Estate Market Report for August 2017

08.15.17 by

Bahia Sound Real Estate Market Report for August 2017

There are 3 homes for sale in Bahia Sound in Hobe Sound for August 2017.  List prices are from $484,900 up to $563,900 for an average of $511,933 which equals $186.24 per sq. ft. of living area.

There are no homes currently under contract.

Only 1 home has sold in the past 12 months.  The sales price was $$484,900 or $201.04 per sq. ft. of living area.  This home was on the market for 254 days prior to going under contract and sold for 97% of list price.

About Bahia Sound in Hobe Sound:

Bahia Sound in Hobe Sound

The gated community of Bahia Sound is located on both the east and west sides of Gomez Avenue in Hobe Sound FL. This community has only 51 home sites. Homes have been built from 1990 to 2015 and as of this writing (July 2017), there are still 6 vacant lots. These homes are on lots of around 1/4 to 1/3 of an acre and range in size from 4 bedrooms, 3 bathroom homes of around 3,400 sq. ft. of living area down to 3 bedrooms, 2 bathroom homes of just over 2,000 sq. ft. Most homes are single story, however, there are a number of 2 story homes. There was no preferred builder so all of these homes are individual and unique.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

There is a boardwalk through the preserve area to a private dock area as well as kayak/canoe storage. There are only a limited number of docks available and those with deeded docks have the ability to sell these docks to other Bahia Sound owners.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

The HOA fees (as of July 2017) are just under $140 a month. These fees cover maintenance and insurance of the common areas and security gates as well as trash pickup. There are no other community amenities in this community.

Bahia Sound in Hobe Sound Bahia Sound in Hobe Sound

Children are currently zoned to attend the Hobe Sound Elementary School, Murray Middle School, and the South Fork High School.

This community is located next to the Jimmy Graham Park and is only 5 miles +/- to Jupiter Inlet or St. Lucie Inlet as well as 10 min to Pecks Lake by boat.  There’s easy access to US-1 and either the City of Stuart or south to the town of Jupiter for entertainment, fine restaurants, movies and first class medical facilities.

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Bahia Sound Real Estate Market Report for August 2017

Stuart FL 34994 Condo Market Report July 2017

08.14.17 by

Stuart FL 34994 Condo Market Report July 2017 

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

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

 

There are currently 77 active condo listings (Down by 13 condos from June).

Stuart FL 34994 Condo Market Report July 2017

41 Condo sales are pending and awaiting close or lender approval. (Increased by 2 condos from last month) 

Stuart FL 34994 Condo Market Report July 2017

30 Condos Sold in July (Up by 9 condos from June).

Stuart FL 34994 Condo Market Report July 2017

The Stuart FL 34994 Condo market showed surprisingly strong activity for a typically slowe summer season.  A very hot market (pun intended).

The absorption rate for July dropped to 2.6 months compared to last month’s 4.3.  An even stronger 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 July the numbers were 74 active listings, 29 pending sales, and 10 closed sales.  Much better activity for this year when compared to July of 2016.

Stuart FL 34994 Condo Market Report July 2017

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

Four Rivers August 2017 Palm City Real Estate Market Report

08.14.17 by

Four Rivers August 2017 Palm City Real Estate Market Report

For August 2017, there are 6 homes for sale in Four Rivers in Palm City FL ranging in price from $689,900 to $1,500,000 for an average list price of $918,650 or $318.55 per sq. ft. of living area.

There are 2 homes currently under contract.  These homes were listed for $1,800,000 and $2,100,000 for an average list price of $1,950,000 which works out to be $271.05 per sq. ft. of living area.  These two homes averaged 692 days on market before going under contract.

4 homes have sold in the past 12 months in Four Rivers, with the sales prices ranging from $643,500 to $975,000 for an average sales price of $782,125 which is $243.93 per sq. ft. of living area.  These homes averaged 115 days on the market before accepting an offer and the sales were on average at 93% of the list price.

About Four Rivers in Palm City FL:

Four Rivers is a unique enclave of spacious homes on the banks of the South Fork of the Saint Lucie River.  Ideal for the serious boaters, all of Four Rivers’ home sites are on deep water canals suitable for larger vessels and with no fixed bridges (under 60’) to the Saint Lucie inlet to gain access to the crystal clear waters of the Atlantic Ocean.

Consisting of 98 home sites, with a minimum ½ acre of land (though most have ¾ acre or more), Four Rivers is a perfect family friendly neighborhood. Very conveniently located close to ‘A’ rated schools, shopping, restaurants and only a few minutes from either downtown Stuart or Florida’s Turnpike for those wishing to commute to our more crowded neighboring counties.

Low HOA fees insure the canals will be maintained to a depth of 6’ at mean low tide to make sure no boats have difficulties navigating to open water.  Four Rivers is a wonderful place to call home.

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Four Rivers August 2017 Palm City Real Estate Market Report