Island Crest Condos on Hutchinson Island May 2017 Market Report

Island Crest Condos on Hutchinson Island May 2017 Market Report

There are 3 condos available to purchase in Island Crest for May 2017.  The list prices of these three Hutchinson Island condos are from $219,900 up to $399,900 for an average list price of $283,267 or $260.63 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 8 Island Crest condos have sold.  Sales prices ranged from $210,000 up to $282,500 for an average sales price of $263,438 which works out to $257.51 per sq. ft. of living area.  These condos averaged 1114 days on market before going under contract and sold for 95% of the final list price.

About Island Crest Condos on Hutchinson Island

Island Crest Condos on Hutchinson Island in Jensen Beach FL

The Island Crest Condominium building in Jensen Beach FL on Hutchinson Island was built in 1981 and is a 12 story complex with 126 residential condos.  Sizes range from 2 bedroom, 2 bath units with either 1,119 or 1,023 sq. ft. of living area (plus balconies) down to 1 bedroom, 1 bath condos of 899 sq. ft.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Located north of the Jensen Beach causeway and south of the Waveland public beach, Island Crest has many upscale amenities.  These include 2 pools, Jacuzzi, clubhouse with social areas and 2 kitchens, fitness room, ocean view billiards, bocce court, 2 tennis courts, basketball, grilling area, car wash and private beach access.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

1 small pet is permitted and rentals are allowed with a minimum of 3 months.  Island Crest is one of the few condos on Hutchinson Island where trucks are permitted (no commercial trucks).  Condo fees are $480 per month (As of October 2016) and include Cable, Common Areas, Elevator, Exterior Electric, Grounds / Plants, Insurance-Bldg, Janitor, Lawn Care, Maintenance Exterior, Management Fees, Pest Control, Pool Service, Reserve Funds, Roof Maintenance, Sewer, Trash Removal, Water.

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Island Crest Condos on Hutchinson Island in Jensen Beach FL Island Crest Condos on Hutchinson Island in Jensen Beach FL

Click here to see the currently available Island Crest Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea WindsVilla del Sol

Florida Single Family Homes 2017 1’st Quarter Report

Quarterly Market Report for Florida Single Family Homes

1’st Quarter 2017

Click the image below to view the full details of the Florida single family home market report data as reported by Florida Realtor for the 1’st Quarter 2017.

Florida Single Family Homes 2017 1'st Quarter Report

Positive results in sales volume for the 1’st Quarter 2017 and the prices continue to rise. Still a strong sellers’ market for Florida single family homes.

View the entire set of data at GabeSanders.com

River Landing May 2017 Market Report Palm City FL

River Landing May 2017 Market Report Palm City FL

As of May 2017, there are no homes currently on the market in River Landing.

2 Homes are under contract and awaiting settlement.  These two homes were listed for$350,000 and $389,000 for an average list price of $369,500 which is $165.76 per sq. ft. of living area,

In the past 12 months, 2 homes have sold in River Landing.  Sales prices were $370,000 and $415,000 for an average of  $392,500 which equals $103.75 per sq. ft. of living area. These homes sold for an average of 97% of the last list price and took an average of 72 days on market until going under contract. 

Entrance to River Landing in Palm City Florida
One of the little-known gems of the Treasure Coast, River Landing is home to 96 custom built homes on the shores of the South Fork of the Saint Lucie River.  There is currently one vacant lot left in River Landing.  Homes in River landing were first built in 1986 and as of this writing, the last one was built in 2007.  Both one and two story homes on generous sized lots of approximately 1/3 of an acre and some with larger lots.  Home sizes range from 3 bedroom homes with under 2,000 sq. ft. of living area up to 5 BR with almost 4,500 sq. ft. of air conditioned space.  Low HOA fees of $142 per month include basic cable TV services, trash pickup, security gate and maintenance and upkeep of the common areas.
River Landing River Access

This one of a kind gated community offers child and pet-friendly quiet streets and has an ocean access boat ramp as well as RV/Trailer/Boat storage facility, tennis courts, and playground.

Homes are surrounded by wetland preserves, lakes and forested areas.

 

River Landing in palm City Florida Playground

Living in River Landing is like being on vacation year round with its quick access to the St. Lucie River for a great day of fishing on your boat. The homes in River Landing are mostly new with some older Reportd homes, and mostly spacious with ample space to give you the privacy you want.  Palm City is a wonderful town to live in because of its closeness to I-95 and Florida’s Turnpike as well as its “A” rated school system, entertainment and fantastic local restaurants!

Search here for:

River Landing Homes for Sale in Palm City Florida

River Landing May 2017 Market Report Palm City FL

Hobe Sound FL 33455 Condo Market Report April 2017

Hobe Sound FL 33455 Condo Market Report April 2017

 

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

 

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

 

There are currently 15 active condo listings. (Decreased by 1 condos from March)

Hobe Sound FL 33455 Condo Market Report April 2017

6 Condos are pending and awaiting close. (Up by 2 pending condos from March)

Hobe Sound FL 33455 Condo Market Report April 2017

4 Condos sold in April. (Unchanged from March)

 Hobe Sound FL 33455 Condo Market Report April 2017

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Sales and pending sales are doing well and the inventory is returning to more normal levels from last year’s extremely low numbers.

The absorption rate for Hobe Sound condos decreased to 3.8 months for April (was 4.0 in March).  A sellers’ market for Hobe Sound condos. 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 on 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 April 2016 numbers were: 5 active listings, 6 pending sales and 4 closed sales.  Activity seems to be improving here but it’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though this segment appears to be returning to more normal volume.

Hobe Sound FL 33455 Condo Market Report April 2017

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report April 2017

Conquistador Market Report May 2017

Conquistador Market Report May 2017

Homes:  There is one home currently on the market in Conquistador Estates.  This home is listed for $257,900 or $179.85 per sq. ft. of living area.

There is also one home currently under contract.  This home had a list price of $315,000 or $162.12 per sq. ft. of living area and it was on the market for 24 days before going under contract.

In the past 12 months, there have been no sales in Conquistador Estates.

Condos:  There are currently 6 condos for sale in Conquistador.  Listing prices range from $120,000 to $189,000.  The average list price is $148,333 which equals $129.93 per sq. ft. of living area.

5 Condos are under contract awaiting settlement.  List prices were from $114,900 and $229,000 for an average of $153,560 which works out to 134.67 per sq. ft. of living area.  These condos were on the market for an average of 230 days prior to going under contract.

In the past 12 months, 22 condos have sold in Conquistador.  Sales prices ranged from $92,000 to $155,000 .  The average sales price was $122,205 which equals a per sq. ft. value of $111.15 and these sales averaged a 94% list to sales ratio as well as going under contract in an average of 120 days.

Conquistador homes and condos are in the the prime senior location in Stuart Florida.  The Conquistador community is located on the shores of the wide Saint Lucie River and only minutes from the beaches of the Atlantic Ocean as well as being right next door to the Martin County Municipal Golf Course with easy access to shopping, restaurants, medical facilities.

Conquistador is a mix of single family homes (the estates section) and 3 story condominiums.  The condominiums have access to their own pool areas as well as barbecue areas or the main club house pool.

This is a very active senior community with an active clubhouse with fitness room, main ballroom, reading library and activities throughout the year.  Conquistador is not just a seasonal residence as many owners enjoy the benefits of year round living in fabulous Martin County with all the amenities that this jewel of the Treasure Coast has to offer.

Search for available Homes in Conquistador

Search for available Condos in Conquistador

 For any questions you may have about Conquistador Homes and Condos in Stuart, Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Conquistador Market Report May 2017

Hobe Sound FL 33455 Residential Market Report April 2017

Hobe Sound FL 33455 Residential Market Report April 2017

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

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

There are currently 183 active listings. (Down by 17 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2017

94 Residential sales are pending and awaiting close  (Down by 8 homes from March)

Hobe Sound FL 33455 Residential Market Report April 2017

54 Homes Sold in April (Up by 16 homes from last month)

Hobe Sound FL 33455 Residential Market Report April 2017

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County had a very strong completed sales month for April.  We are once again approaching a market with inventory levels low enough that it may affect the future sales numbers.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 decreased to 3.4 months (4.8 months in March).  Even a stronger sellers’ market for Hobe Sound residential real estate.  An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for April 2016 were:  217 active listings, 99 pending sales and 54 closed sales. Very similar volume when compared to last year but with reduced inventory.

Hobe Sound FL 33455 Residential Market Report April 2017

Search here for Hobe Sound Florida Real Estate for Sale

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Hobe Sound FL 33455 Residential Market Report April 2017

Royal Oak Towers May 2017 Market Report

Royal Oak Towers May 2017 Market Report

In May of 2017, there are no condos available for sale in the Royal Oaks Towers of Stuart.

There are also no condos currently under contract.

In the past 12 months, two condos have sold.  The sales prices were $127,000 and $129,000 for an average sales price of $128,000 which equals $113.38 per sq. ft. of living area.  These condos were on the market for an average of 193 days prior to going under contract and sold for 99% of the listed price.

About: Royal Oak Towers Condos in Downtown Stuart

Royal Oak Towers in Downtown Stuart FL

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

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

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

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

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

The current association fees (April 2017) are $435.00 per month.  These fees include building maintenance, pool, common area charges, trash pickup, painting, roof repair, reserve funds.  All ages are welcome and up to one large pet is allowed.  This is also one of the rare condo associations that allow trucks and motorcycles.

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

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

Royal Oak Towers May 2017 Market Report

Jensen Beach FL 34957 Condo Market Report April 2017

Jensen Beach FL 34957 Condo Market Report April 2017

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

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



There are currently 135 active listings. (Increased by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

48 Condo sales are pending and awaiting settlement. (Down by 6 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

41 Condos Sold (Up by 16 condos from March)

Jensen Beach FL 34957 Condo Market Report April 2017

 The Jensen Beach FL 34957 Condo Market Report for April continued with a very strong increase in sales activity.  I don’t expect this volume to continue into the early summer.

The one month absorption rate for the April 2017, Jensen Beach Florida Market Report ZIP Code 34957 dropped to 3.3 months (from 5.2 months in March), now a very strong seller’s market.   A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The April 2016 numbers were: 113 active listings, 72 pending sales and 37 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 April 2017

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report April 2017

Ocean Terrace Condos May 2017 Market Report

Ocean Terrace Condos May 2017 Market Report

For May 2017 there is only one condo available for sale in the Ocean Terrace building in Indian River Plantation on Hutchinson Island in Stuart FL.  The list price is $280,000 which is $233.33 per sq. ft. of living area.

There are also no condos currently under contract.

In the past 12 months, 2 condos have sold in Ocean Terrace.  Sales prices were $195,000 and $249,000 for an average sales price of $222,000 or $201.16 per sq. ft. of living area.  Both of these were 1 bedroom condos.  Sale prices averaged 93% of the last list price and these condos averaged 61 days on market before going under contract.

About the Ocean Terrace Condominiums in Indian River Plantation

Ocean Terrace Condos in Indian River Plantation

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

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

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

 Ocean Terrace Condos in Indian River Plantation

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

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

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

Click here to view available Ocean Terrace Condos for Sale

The Marriott Resort at Indian River Plantation Features:

Indian River Plantation consists of numerous condominium associations and buildings.  All styles from Ocean front to River front and Golf and Tennis villas can be found here.  IRP is associated and co-located with the Marriott Resort and Marina.

Tucked away on Hutchinson Island, the Treasure Coast’s 16-mile lush barrier island, is a unique resort that greets guests with the warmth of true Southern hospitality.

The Hutchinson Island Marriott Beach Resort and Marina stretches across 200 acres of plantation landscape on Hutchinson Island, bordered on one side by the Atlantic Ocean and by the shimmering Indian River on the other side.

A newly remodeled lobby with sweeping draperies, plantation-style wood furnishings and tropical tones sets the stage for a magical golf getaway. This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. Plantation East, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

This is the gateway to an array of championship and executive courses, including Nicklaus, Fazio and Player designs.

Golfers of all skill levels will enjoy the challenging fairways and greens found in the area’s 12 courses. The Ocean Club, the resort’s own course, meanders throughout the island and is characterized by water on 17 of 18 holes. This 4,042-yard, par-61 executive course requires careful club selection and precision shot-making to overcome constantly changing ocean breezes.

The Hutchinson Island Marriott offers guests and residents two tiki bars and their Signature Restaurant, the Baha Grille. Thirteen Novagrass tennis courts, miles of unspoiled beaches, water sports, deep sea fishing, and a full-service 77-slip marina anchored on the Indian River round out a perfect vacation of sun and fun.

Resort amenities also include three heated pools with sun decks, game rentals from the Activities Hut, two outdoor spas and supervised activities for both children and teens.

Additional Indian River Plantation Condos you may wish to consider:
BayviewBeachwalkDunes ClubFairway VillasInlet VillageLakesideOcean HousePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

Ocean Terrace Condos May 2017 Market Report

Jensen Beach FL 34957 Residential Market Report April 2017

Jensen Beach FL 34957 Residential Market Report April 2017

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

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

 There are currently 179 active listings. (Down by 24 homes from last month)

Jensen Beach FL 34957 Residential Market Report April 2017

98 Residential sales are pending and awaiting close or lender approval. (Up by 16 homes from March)

Jensen Beach FL 34957 Residential Market Report April 2017

46 Homes Sold (Down by 12 homes sale from March)

Jensen Beach FL 34957 Residential Market Report April 2017

The Jensen Beach FL 34957 Residential Market continues with very strong activity from the past month into April.  One of the strongest segments of the Martin County real estate market.
The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose slightly to 3.9 months ( was 3.5 months in March).  Remaining in a strong seller’s market for April.   A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.
The April 2016 numbers were: 113 active listings, 72 pending sales and 37 home sales closed.  Better activity this year on a larger pool of homes (inventory).
Jensen Beach FL 34957 Residential Market Report April 2017

Search here for Jensen Beach Real Estate for Sale

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Jensen Beach Florida Real Estate presented by:
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Jensen Beach FL 34957 Residential Market Report April 2017

Dunes Club Condos May 2017 Market Report

Dunes Club Condos May 2017 Market Report

For May 2017 there are no condos available to purchase in the Dunes Club on Hutchinson Island.

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

And, in the past twelve months, two condos have sold.  Sales price were $290,000 and $$300,000 for an average sales price of $295,000 or $225.19 per sq. ft. of living area.  These two condos sold for an average of 95% of list price and went under contract in an average of 33 days after being listed.

About the Dunes Club Condos on Hutchinson Island

Dunes Club Condos on Hutchinson Island

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

Dunes Club Condos on Hutchinson Island

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

Dunes Club Condos on Hutchinson Island

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

Dunes Club Condos on Hutchinson Island

Click here to view available Dunes Club Condos for Sale

Additional Indian River Plantation Condos you may wish to consider:
BayviewBeachwalkFairway VillasInlet VillageLakesideOcean HouseOcean TerracePlantation Club VillasPlantation HouseResort VillasRiver VillageRiverbendRiverwoodTennis Villas

Dunes Club Condos May 2017 Market Report

Palm City FL 34990 Condo Market Report April 2017

Palm City FL 34990 Condo Market Report April 2017

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

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



There are currently 86 active condo listings. (Decreased by 9 condos from March)

   Palm City FL 34990 Condo Market Report April 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 April 2017

8 Condos Sold in April. (Up by 4 condos from March)

Palm City FL 34990 Condo Market Report April 2017

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market.  For April of 2017 closed sales increased and pending sales remained close to last month while the inventory decreased.

The current absorption rate for condos in the 34990 zip code area dropped to 10.8 months (was 23.8 months in April). Still a buyers’ market for Palm City condominiums, but trending towards a more balanced market.  A balanced market is considered to be an absorption rate of around 6 to 7 months.
The April 2016 numbers were: 65 active listings, 12 pending sales and 8 closed sales.   Very similar closed activity and less pending activity this year but with a larger inventory.
Palm City FL 34990 Condo Market Report April 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 April 2017

Villa del Sol May 2017 Market Report

Villa del Sol May 2017 Market Report

For may 2017 there are two condos on the MLS in Villa del Sol on Hutchinson Island in Jensen Beach FL.  The list prices are $136,555 and $229,000 for an average list price of $182,778 or $208.58 per sq. ft. of living area.

There is one condo under contract in Villa del Sol.  It was listed for $229,000 or $164.28 per sq. ft. of living area.  This condo was on the market for 239 days prior to going under contract.

In the past 12 months, 5 condos have sold with sales prices from $125,000 up to $290,000 for an average sales price of $218,000 which works out to $$177.14 per sq. ft. of living area.  These condos sold for an average of 95% of list price and were under contract in an average of 171 days after being listed.

About the Villa Del Sol Condos on Hutchinson Island

Villa del Sol condos on Hutchinson Island in Jensen Beach

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

Villa del Sol condos on Hutchinson Island in Jensen Beach

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

Villa del Sol condos on Hutchinson Island in Jensen Beach

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

Villa del Sol condos on Hutchinson Island in Jensen Beach

Click here for available Villa del Sol Condos for Sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
AdmiralAtlantisClaridgeDune WalkEmpressIsland Club –  Island CrestIsland DunesIslandiaMiramarMiramar RoyaleOcean DunesOceana NorthOceana OceanfrontOceana SouthOcean TowersOceanrise  – Ocean Bay VillasPrincess –  RegencySand Dollar ShoresSea Winds

Villa del Sol May 2017 Market Report

Palm City FL 34990 Residential Market Report April 2017

Palm City FL 34990 Residential Market Report April 2017

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

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

 

There are currently 403 active listings (Increased by 46 homes from March)

Palm City FL 34990 Residential Market Report April 2017

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

Palm City FL 34990 Residential Market Report April 2017

80 Homes Sold in March (Down by 1 homes from March)

Palm City FL 34990 Residential Market Report April 2017

The Palm City FL, zip code 34990 residential real estate market continues with strong activity with excellent closed and pending sales volume.
The monthly absorption rate decreased to 5.0 months from 5.3 months in March.  Continuing as 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 April 2016 numbers were:  375 active listings, 175 pending sales and 84 closed sales.  Stronger pending numbers this year with a larger inventory and similar sales activity.

Palm City FL 34990 Residential Market Report April 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 April 2017

Stuart FL 34997 Condo Market Report April 2017

Stuart FL 34997 Condo Market Report April 2017

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

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

There are currently 70 active condo listings (Decreased by 5 condos from March).

Stuart FL 34997 Condo Market Report April 2017

44 Condo sales are pending and awaiting close or lender approval (Unchanged from March).

Stuart FL 34997 Condo Market Report April 2017

5 Condos Sold in April (Decreased by 13 condos from March).

Stuart FL 34997 Condo Market Report April 2017

     The Stuart FL condo market for zip code 34997 showed a large (and unexpectd0 decrease in closed sales for the month.  Pending sales remain strong, so this may just be a one month anomaly.
     The absorption rate jumped to 14 months in April from 4.2 months for March.  A big shift into a buyers’ market for the 34997 zip code of Stuart FL.  A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.
 The April 2016 numbers were: 71 active listings, 39 pending sales and 16 closed sales.  A very unexpected decrease in closed sales when compared to last year.

Stuart FL 34997 Condo Market Report April 2017

Stuart Florida Real Estate presented by:
Gabe Sanders

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

Stuart FL 34997 Residential Market Report April 2017

Stuart FL 34997 Residential Market Report April 2017

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

There are currently 330 active listings (Decreased by 2 homes from March).

Stuart FL 34997 Residential Market Report April 2017

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

Stuart FL 34997 Residential Market Report April 2017

80 Homes Sold in April (Decreased by 14 homes from March)

Stuart FL 34997 Residential Market Report April 2017

      The Stuart Florida Residential Market for ZIP Code 34997 continues with strong activity however the activity slowed from last month as well as last year.
     The absorption rate increased to 4.1 months (was 3.5 months for March).  Still in a sellers’ market for the 34997 zip code area of Stuart.  Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.
     The 2016 numbers for April, were: 309 active listings, 219 pending listings and 99 closed sales.  Better activity last April weh compared to this year.
Stuart FL 34997 Residential Market Report April 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 April 2017

May 2017 Market Report for Legacy Cove in Stuart Florida

May 2017 Market Report for Legacy Cove in Stuart Florida

There are currently 3 homes for sale in Legacy Cove in Stuart, FL.  Listing prices range from $389,900 to $439,000 for an average listing price of $411,297 or a price per square foot of living area of $174.24.

There is one home currently under contract awaiting settlement.  The list price is $404,900 or $157.12 per sq. ft. of living area.  This home was on the market for 23 days prior to going under contract.

In the past 12 months, 16 homes have sold in Legacy Cove with sales prices ranging from $288,000 to $465,000 for an average sales price of $349,590 or $160.62 per sq. ft. of living area.  These sales averaged 97% of list price and went under contract in an average of 55 days after going on the market.

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

Legacy Cove in Stuart FL

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

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For any questions you may have about Locks landing, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

May 2017 Market Report for Legacy Cove in Stuart Florida

 

Stuart FL 34996 Condo Market Report April 2017

Stuart FL 34996 Condo Market Report April 2017

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

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

There are currently 148 active condo listings (Unchanged from last month).

Stuart FL 34996 Condo Market Report April 2017

35 Condo sales are pending and awaiting close or lender approval (Decreased by 23 condos from March).

Stuart FL 34996 Condo Market Report April 2017

40 Condos Sold in April (Up by 4 condos from March) 

Stuart FL 34996 Condo Market Report April 2017

The Stuart FL 34996 Condo Market of Stuart had continued strong sales activity for April but a sizeable drop in pending sales.  This is often an indication of upcoming slower closed activity in the next few months.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 dropped to 3.7 months from March’s 4.1 months.  The second month of a sellers market for this segment of Martin County condos.  A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for April 2016 were: 126 active listings, 48 pending sales and 37 closed sales.  Similar activity when compared to last year, but with a greater availability of condos this year.

Stuart FL 34996 Condo Market Report April 2017

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Stuart FL 34996 Condo Market Report April 2017

Harborage Yacht Club May 2017 Market Report

Harborage Yacht Club May 2017 Market Report

For May 2017 there are 15 active listings in the Harborage Yacht Club with list prices ranging from $135,000 up to $279,900 for an average list price of $177,715 which comes out to $146.49 per sq. ft. of living area.

There is only one condo under contract.  The list price was $199,000 or $168.36 per sq. ft. of living area with this condo going under contract 31 days after being listed.

In the past 12 months, 10 condos have sold.  Sales prices were from $92,000 up to $279,000 for an average sales price of $169,915 which equals $134.83 per sq. ft. of living area.  These condos sold on average at 93% of list price and took an average of 98 days before going under contract.

About the Harborage Yacht Club Condos in Stuart Florida

Harborage Yacht Club in Stuart Florida
Harborage Yacht Club in Stuart Florida

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

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

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

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

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Stuart FL 34996 Residential Market Report April 2017

Stuart FL 34996 Residential Market Report April 2017

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

 

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

 

There are currently 163 active listings (Down by 4 homes from March).

Stuart FL 34996 Residential Market Report April 2017

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

Stuart FL 34996 Residential Market Report April 2017

21 Homes Sold in April (Decreased by 15 homes from March).

Stuart FL 34996 Residential Market Report April 2017

The 34996 zip code area of the Stuart Florida residential real estate market eased a bit from march with declines in both pending and closed sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for April jumped to 7.8 months as compared to March’s 4.6 months.  A buyers market once again for the 34996 zip code area of Stuart FL.  A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for April of 2016 were: 151 active listings, 55 pending sales and 25 closed sales.  Slightly better sales activity last year.

Stuart FL 34996 Residential Market Report April 2017

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Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report April 2017