Angler Cove Condos February 2017 Market Update

02.09.17 by

Angler Cove Condos February 2017 Market Update

There are currently 5 Angler Cove condos available for sale.  The list rices are from $269,900 up to $389,998 which works out to an average price of $308,580 or $242.36 per sq. ft. of living area.

There are no condos under contract at this time in Angler Cove

In the past 12 months there have been 4 sales.  Sales prices ranged from $193,000 to $285,000 for an average sales price of $233,850 or $186.38 per sq. ft. of living area.  The list to sales prices averaged at 90%.  These condos averaged 29 days on market before going under contract.

(Please consider that some condos in Angler Cove have deeded docks and some don’t.  This can add to the wide disparity of both listing and sales prices)

Angler Cove Condos on Hutchinson Island in Stuart Florida is a unique complex with 12 buildings amd 64 units surrounding a man made cove with deep water dockage for the boating enthusiast.

Units include spacious two bedroom units as well as a number of larger three bedroom townhome style homes.  Two buildings on the west side of the complex offer spectacular wide river views of the Intracoastal Waterway (Indian River).

Angler Cove Condos on Hutchinson Island

Most first floor units offer dockage just steps outside the living area.  Some second floor units have docks available throughout additional spaces in the cove as well as larger docks built out into the Indian River.

Amenities include a full time on-site manager and maintenance man.  A clubhouse with a large community pool, barbecue areas and some limited boat parking and deeded beach access.

Very well located just minutes to downtown Stuart  Shopping, restaurants and all other services just a short distance away.  An excellent place to call home or to have a Florida get-away for those cold winters up north!

Condo association fees vary from $450 to $560 per month.  The fees include Basic Cable Tv, Landscape/Lawn care, On Site Manager, Reserve Fund, Trash, Water and Sewer.

 Angler Cove Condos on Hutchinson Island

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Stuart Florida Real Estate

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

Angler Cove Condos February 2017 Market Update

North River Shores February 2017 Market Update

02.08.17 by

North River Shores February 2017 Market Update

The North River Shores February 2017 Market Update for Stuart Florida:

There are currently 12 active listings in North River Shores.  List prices range from $329,900 up to $1,950,000.  The average list price is $766,892 based on $293.04 per square foot of living area.

4 homes are under contract (pending sales). List prices were from $259,900 up to $445,000 for an average of $316,200 which equates to a $163.27 price per sq. ft. of living area.  These homes averaged 127 days on the market before going under contract.

In the past 12 months, 17 homes have sold in North River Shores at an average sales price of $361,318 or at $190.40 per square foot of living area. Sales prices ranged from $215,000 up to $619,500 0 and averaged 93% of the last list price.  These homes were on the market for an average of 53 days prior to accepting the offers that lead to the sale.

North River Shores

The area north of the Roosevelt Bridge to Britt Road and west of US 1 is sometimes loosely referred to as “North River Shores.” However, North River Shores and its companion neighborhoods of Cocoanut Point and North River Forest are distinct subdivisions as recorded in Martin County records.
 
Members of these communities enjoy the benefits of designated park areas as well as the use of the boat ramp at Nosaw Park which accesses the North Fork of the St. Lucie River.There are also some accompanying deed restrictions that enhance and protect the aesthetic nature of this beautiful community.

 North River Shores

The North River Shores communities include both waterfront and non-waterfront homes.  Waterfront homes may have sweeping miles wide views of the North Fork of the Saint Lucie River or protected canal front homes with deep water dockage.  Additionally, North River Shores is a bird and wildlife sanctuary.


North River Shores This community is blessed with easy access to shopping, the beaches, houses of worship, schools and access to both downtown Stuart and Jensen Beach, yet it maintains a quiet and peacefully neighborhood character.   This is a wonderful neighborhood within Martin County’s ‘A’ rated school district.For additional information about North River Shores and/or the surrounding communities, contact Gabe Sanders or of Premier Realty Group.

North River Shores

 
Search here for available homes in North River Shores

 

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Prices are low ant the inventory has been shrinking.  Don’t miss the opportunity of a lifetime.  Search instantly for any size, location, price range to get you the BEST deal around!!!

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Stuart Florida Real Estate

North River Shores February 2017 Market Update

February 2017 Market Update for Hunters Creek in Palm City FL

02.07.17 by

February 2017 Market Update for Hunters Creek in Palm City FL

Currently in February, there are no homes on the market in Hunters Creek in Palm City, FL.

There are 2 homes currently under contract (pending sale).  These homes were last listed for $359,900 and $389,900 for an average list price of $374,900 which equals $169.22 per sq. ft. of living area.  These two homes went under contract in an average of 31 days after being listed.

There have been 4 homes sold in the past 12 months in Hunters Creek.  Sales prices were from $354,900 to $397,500 for an average sale price of $373,100 which works out to $154.82 per sq. ft. of living area.  These homes sold on average of 97% of the last listed price and were under contract on an average 46 days after being listed.

Hunters Creek in Palm City FL is a gated community of 68 homes located off of Mapp Road just north of the Oak Ridge subdivision and across the road from Harbour Pointe.

Hunters Creek in Palm City FL

Homes in Hunters Creek were first completed in 1990 and the last home was built in 2001. There are no more vacant lots left to be built as this community is fully matured and built out. All homes are custom built and range in sizes from over 3,800 sq. ft. of living area to just under 1,700. From 5 bedroom pool homes on over a ½ acre of land down to 3 bedroom homes on just over a quarter of an acre.

HOA fees are a very reasonable at under $100 per month. This covers the common areas and security gate along with basic cable TV.

Hunters Creek in Palm City FLHunters Creek is very conveniently located near the Palm Cove Golf Club as well as quick access to Florida’s Turnpike and I-95. Also, just a few minutes away from the Palm City Bridge with access to downtown Stuart, Jensen Beach and the beaches of the Atlantic Ocean on Hutchinson Island.

Hunters Creek Homes for Sale in Palm City FL

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February 2017 Market Update for Hunters Creek in Palm City FL

February 2017 Events for Martin County

02.06.17 by

February 2017 Events for Martin County

Stuart Sailfish

Lots to do with something for just about every taste in Martin County for February 2017.  Here are the highlights:

Lighthouse Sunset Tour

 Wednesdays in Feb

Time varies by sunset-see website

Take in the spectacular sunset views and witness the Jupiter Light turning on to illuminate the night sky.  Visitors get an inside look at the nuts & bolts of a working lighthouse watch room.  Tour time approximately 75 minutes, $15 Members, $20 Non-Members, RSVP required, Tickets online or 561-747-8380 X101.  Tours are weather permitting, call for tour time.  Children must be at least 48” tall to climb the tower.  www.jupiterlighthouse.org.  Jupiter Inlet Lighthouse and Museum, 500 Captain Armour’s Way, Jupiter, FL 33469

THOROUGHLY MODERN MILLIE

Wednesday, February 8 through Sunday February 12, 2017

Location:The Barn Theatre

Description

The Tony Award winning smash hit musical, “Thoroughly Modern Millie.” with an all star cast, opens at The Barn Theatre January 27th through February 12th.  And because of ticket demand, The Barn has already added five additional shows dates.   With an all star cast, including recording artist Vallerey Valentine, who stars as the sultry night club proprietor Muzzy Van Hossmere, innovative sets, upgraded lighting and projectionist effects, and a new sound board, you’ll enjoy this lavish story of young Millie Dillmount from Salina, Kansas, as she romps her way through the 1922 New York City flapper era with a grand plan to find a job as a secretary to a wealthy man,  then marry him.  But, of course, “Millie” is a romantic comedy and the guy she falls in love with doesn’t have a dime, or so he tells her.  Filled with frisky flappers, dashing leading men, a villainous dragon lady you will love to hate, and that sultry nightclub proprietor, this musical has it all.  And wait till you experience all the incredible songs, over the top vocalists, dancers, and, of course, tappers.  Hold onto your hats!!!

58th Annual Martin County Fair

Friday February 10 through Saturday February 18

Unlimited Ride bands

Opening Night Ride Special $20
Saturdays & Sunday $25Wednesday NO RIDE BANDS SOLD $1 per Ride
$1 Ride Tickets Sold Only

Monday $15
Thursday $20
2nd Friday $10
 
Single Ride Tickets $1
Children under 36 inches ride FREE!

Location Details
Martin County Fairgrounds

2616 S.E. Dixie Highway
Stuart FL 34997 US

More info:  http://www.martincountyfair.com/

Artsfest

Saturday and Sunday, February 11 and 12, 2017 | 10:00am – 5:00pm

Location: Memorial Park

Description
$5 general admision
kids 12 & under, free

30th Anniversary Ticket $30:
Includes general admission, special seating at ArtsFest Chopped, a limited edition poster, and one entry to the 30th Anniversary Arts Raffle (only 30 raffle tickets to be released, prizes to be announced)VIP Ticket $50 (one-day) or $75 (two-day):
Includes general admission, access to the VIP only area, special artist meet & greet opportunities, lunch and more!

Location Details
Memorial Park
300 S.E. Ocean Blvd.
Stuart FL 34994 US

ROCKIN RIVERWALK

Every Sunday in February fro 1:00 p.m. to 4:00 p.m.

Description
Melodime – Alternative Rock Free Concert

Contact: Information
Phone: 772-286-2848

Location Details
Downtown Stuart

Flagler Ave.
Stuart FL 34994 US

27th Annual Downtown Stuart Art Fest

Saturday and Sunday February 25and 26, 2017 | 10:00am – 5:00pm

Phone: 772-286-2848

Location Details
Downtown Stuart
Osceola St.
Stuart Florida

Foxwood Stuart FL February 2017 Market Update

02.06.17 by

Foxwood Stuart FL February 2017 Market Update

 As of Feb 2017, there are no homes on the market in the Foxwood equestrian community in Stuart, FL.

There are 2 homes under contract which have not completed the sales process. The list prices ranged from $$300,000 to $430,000 for an average of $365,000 or $124.45 per sq. ft. of living area.  These two homes were on the market for an average of 204 days prior to going under contract.

In the past 12 months there were 2 sales in this sought after Stuart community.  Sales prices ranged from $360,000 to $370,000 for an average of $365,000 which equals $129.82 per sq. ft. of living area.  These sales averaged a sales price of 95% of the last list price and took an average of 114 days on the market before going under contract.

Foxwood in Stuart Florida

Foxwood is located just west of I-95 on Pratt and Whitney road in Western Stuart Florida.  It consists of 109 home sites that are all 2 acres or larger.  Horses are permitted with a zoning of one horse per acre.   Foxwood was designed with Florida’s natural environment in mind.  Every Foxwood home is custom built with the residents encouraged to keep some natural habitat in place.  Recently, a rare Florida Panther was seen going through Foxwood.

Foxwood Stuart FL

Association fees are a very reasonable $450 per year.  These fees cover maintenance of the private roads, sanitation and management fees.  More information about the Foxwood Property Association can be found at this community’s property association web site: Foxwood Property Association of Stuart Florida

Foxwood Stuart FL

Construction of homes in Foxwood began in 1978.  Four phase of development ended with the last phase commencing in 1990.  Most lots have been developed with just a handful of vacant lots left of which currently none are available for sale (as of this writing).

Foxwood is located less than a mile from the ‘A’ Rated South Fork High School with easy access to Palm Beach County and only 15 minutes to downtown Stuart and the pristine beaches of Martin County.

A perfect place to call home for those who desire some room to roam yet be close to shopping, restaurants and other urban areas.

Currently Available Homes in Foxwood

Search the Martin County MLS

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

Stuart Florida Real Estate

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

Foxwood in Martin County Florida

Whispering Sound Palm City February 2017 Market Update

02.05.17 by

Whispering Sound Palm City February 2017 Market Update

 

There are 3 active listings in Whispering Sound in Feb of 2017 with asking prices from $194,999 up to $229,000 for an average of $209,633 which equals $128.85 per sq. ft. of living area.

Currently there are no Whispering Sound homes under contract.

In the past 12 months, 12 homes have sold in this Whispering Sound. Sales prices ranged from $190,000 up to $225,000 for an average sales price of $205,833 which equals $130.26 per sq. ft. of living area.  These 12 sales averages 97% list to sales price ratio and went under contract in an average of 29 days.

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

As of this writing (Feb 2017) the Home Owners’ Association (HOA) fees are approximately $250 per month, payable quarterly.

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.

Search for all Whispering Sound Homes for Sale in Palm City FL


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Whispering Sound Palm City February 2017 Market Update

Harbour Pointe Palm City February 2017 Market Update

02.04.17 by

Harbour Pointe Palm City February 2017 Market Update

There are currently 3 homes for sale in Harbour Pointe.  Listing prices range from $379,000 up to $409,000 for an average list price of $389,300 which equals $182.41 per square foot of living area.

There are two Harbour Pointe homes under contract.  They were last listed for $369,000 and $425,000 for an average list price of $397,000 which is $164.78.  These two homes averaged 73 days on market before going under contract.

7 homes have sold in the past 12 months. Sales prices were from $325,000 to $390,000 .  The average sales price was $357,929 or $163.69 per square foot of living area.  These homes sold for an average of 97% list price and averaged 59 days on the market before going under contract.

Harbour Pointe 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

Harbour Pointe Palm City FL

Currently Available Homes and Town Homes in Harbour Pointe

Search the Martin County MLS

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 February 2017 Market Update

 

St Lucie County Townhouses and Condos December 2016 Market Detail

02.02.17 by

St Lucie County Townhouses and Condos December 2016 Market Detail

The St Lucie County Townhouses and Condos Market Detail for December 2016 continued with weaker sales activity as compared to last December.  Closed sales were down by 21.0% from last year (was down 12.8% in November) while new pending sales decreased by 32.6% (was down by 7.8% in November).

Values however bucked the trend and increased for December with the median price up by 9.9% (was up by 0.8% in November) while the average sales price increased by 9.2% (was down by 11% in November).  I’ve been expecting prices to moderate for some time as the inventory continues to increase and sales volume does not keep up.

The inventory of available townhouses and condos decreased by 6 units from last month to 547 units, which is 8.1% greater than December 2015. The current supply of units is 5.7 months, which is 16.3% higher than the 4.9 months of inventory last year.  The St Lucie County townhouses and condos continues to be in a sellers market though it is getting very close to being balanced. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

St Lucie County Townhouses and Condos December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Townhouses and Condos December 2016 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 December 2016 Market Detail

Canoe Creek January 2017 Market Report

02.02.17 by

Canoe Creek January 2017 Market Report

For January 2017 there are 2 homes for sale in Canoe Creek in Palm City.  These two homes are listed for $448,000 and $599,000 for an average list price of $523,500 or $131.74 per sq. ft. of living area.

There are no homes currently under contract in Canoe Creek in Palm City.

In the past 12 months, 5 homes have sold in Canoe Creek.  Sales prices ranged from $217,500 up to $450,000 for an average sales price of $335,326 which equals $129.68 per sq. ft. of living area.  These homes went under contract in an average of 37 days and sold for 98% of the last listed price.

About Canoe Creek Real Estate in Palm City:

Search for Canoe Creek Homes for Sale

Canoe Creek in Palm City is a wonderful family community filled with just a little over 100 captivating homes that have plenty of room for your family to grow. Each home has a spacious yard with beautiful manicured Florida foliage that creates a tranquil backdrop. Lot sizes in Canoe Creek begin at 1/2 acre with a few lots of up to just over an acre.  Home sizes range from over 4,000 sq. ft. of living area with 5 bedrooms, 5 bathrooms and 3 car garages down to more modest 3 bedroom, 2 bathroom homes of under 2,000 sq. ft. of living area.  Homes in Canoe Creek had numerous builders and were completed between the years of 1980 and 1995.

The neighborhood is approximately 25 minutes from gorgeous stretches of beaches in Stuart. Canoe Creek is close to great ‘A’ rated schools, recreation, and the exciting and beautiful Downtown Stuart while still close to I-95 and Florida’s Turnpike for those needing to commute or wishing to travel either north or south.

Low HOA fees of $150 per quarter make this an easily affordable community in a subdivision that offers privacy with room to spare between homes with individual mostly custom designed and built homes at an affordable price.

Search for Canoe Creek Homes for Sale

Canoe Creek January 2017 Market Report

St Lucie County Single Family Homes December 2016 Market Detail

02.01.17 by

St Lucie County Single Family Homes December 2016 Market Detail

St Lucie County Single Family Homes Market Detail for December 2016 showed improved sales activity with improved results year to year as well as month to month.  Closed sales were up by 8.9% (in November they were up by 0%) and new sales under contract (new pending sales) increased by 4.8% (they were up by 3.3% last month).

Prices also continued their upward march.  The median and average sales prices up by 13.9% and 12.0% respectively from last December (For November these numbers were up 22.5% and 18.5%).  While these are very good results for sellers, they make me a little nervous as rates of increase this high may result in lower affordability of homes and subsequently less sales in the future.

Active listings decreased by 63 homes to 1,732 homes.  This inventory is 6.6% higher than last year.  The current supply of homes is at 3.9 months (3.6 months for December of 2015)  This is 8.3% greater than last year.  The St Lucie County single family home market remains in a very strong sellers market.  A balanced market is one with a 6 to 7 month supply of inventory.

St Lucie County Single Family Homes December 2016 Market Detail

Click here to view or download the full report:
St Lucie County Single Family Homes December 2016 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 December 2016 Market Detail

Martin County Townhouses and Condos December 2016 Market Detail

01.31.17 by

Martin County Townhouses and Condos December 2016 Market Detail

Martin County Townhouses and Condos Market Detail for December 2016 had a sizeable drop in closed sales while future (pending sales) increased.  Closed sales for the month were down by 26.2% (was up by 8.5% in November) while new sales under contract (new pending sales) were up by 11.8% from December 2015 (decreased by 15.8% in November).

Prices were mostly flat or down for December as the median sales price decreased by 4.4% (was up by 1.8% in November) while the average sales price increased by 0.9% (was down by 18.1% in November) as compared to December of 2015.  Not totally unexpected with the rapid rise of prices for the past three years as there may be a small correction taking place.  Though this market is till active.

The inventory of available townhouses and condos increased by only 1 unit to 427 properties as compared to last month.  This is 14.2% greater than the December 2015 inventory.  Currently, there’s a 4.6 month supply of inventory (a 24.3% 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 December 2016 Market Detail

Click here to view or download the full report:
Martin County Townhouses and Condos December 2016 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 December 2016 Market Detail

Murano Homes January 2017 Housing Market Report

01.31.17 by

Murano Homes January 2017 Housing Market Report

Palm City Florida Real Estate

Murano in Palm City Florida
There are currently 5 homes on the MLS in Murano with prices ranging from $299,900 to $379,900. This equals an average list price of  $337,900 or $133.67 per sq. ft. of living area.
There is 1 home under contract at this time in the Murano subdivision of Palm City, FL. This home was listed for $329,999 or $131.68 per sq. ft. of living area.  An offer was accepted for this home only 6 days after being listed.
In the past year, 12 homes have sold in Murano with sales prices ranging from $259,000 to $315,000 for an average sales price of $288,563 which equals $128.21 per sq. ft. of living area.  The average days on market before going under contract was 63 and the list to sales price ratio was 95%..
Murano Homes in Palm City FLConveniently located off of martin Downs Blvd and Sunset Trail, Murano is a new home community with 110 homes. Originally developed by Home Dynamics with homes built in 2007 and later this community was taken over by D. R. Horton with building resuming in 2011 to the present. Murano homes range from two story 5 Bedroom 4 bathroom homes of 0ver 3,200 sq. ft. to single story 2 Bedroom, 2 bath homes of just over 1,700 sq. ft.

This is a very family friendly neighborhood close to schools, shopping and Florida’s Turnpike for commuters. There is a community pool and low HOA fees of approximately $65 per month (as of this writing).

There may be a few new D. R. Horton homes available for sale, but this community is just about sold out so call us for details.

  • For the D.R. Horton homes, highlights include:
  • Choice of 5 NEW Floor plans
  • GE Appliance Package
  • Various home sites available including lakefront
  • Community Swimming Pool and Cabana
  • Top Rated Palm City Schools
  • Easy commute via I-95 or Florida Turnpike
  • Close proximity to area recreation including beaches, parks, boating, fishing and all types of water sports
  • Shopping, entertainment and restaurants are all nearby.

We are very excited to be able to offer some special promotional packages not available directly from the builder.

 Murano Homes in palm City Florida

  Search here for:

Murano Homes for Sale

Palm City Florida Real Estate is presented by:
the Gabe Sanders real estate team

Murano Homes January 2017 Housing Market Report

 

Martin County Single Family Homes December 2016 Market Detail

01.30.17 by

Martin County Single Family Homes December 2016 Market Detail

The Martin County Single Family Homes Market Detail for December 2016 showed mixed results for sales volume with an increase in closed sales but a decrease in pending sales.  Closed sales were up by 14.7% (was up by 0.6% in November). New pending sales decreased by 21.6% as compared to December of 2015 (Decreased by 4.1% in November).

And, there also was mixed signals for prices with the median sales price increasing by 11.6% from last year (down by 0.7% in November) while the average price decreased by 9.3% (was up by 17.2% last month).

The inventory of available single family homes decreased from last month by 39 homes to 998 units for December,  this is 7.4% greater than last December.  Current supply of homes is 5.0 months, for December of last year it was a 4.5 months supply. (This is a 11.1% 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 December 2016 Market Detail

Click here to view or download the full report:
Martin County Single Family Homes December 2016 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 December 2016 Market Detail

January 2017 Archipelago Real Estate of Sewalls Point Market Report

01.30.17 by

Archipelago of Sewalls Point January 2017 Market Report

For January 2017 there is only 1 active listing in the Archipelago of Sewalls Point.  The list price is $2,175,000 or $569.67 per sq. ft. of living area.

There are no homes are currently under contract.

In the past 12 months, there have been 3 homes sold in the Archipelago of Sewalls Point. These homes sold for $600,000 up to $1,425,000 for an average sales price of $1,001,333 which equals $313.23 per sq. ft. of living area.  These sales averaged 88% of the list price and were on the market for an average of 521 days prior to going under contract.

Aerial of the Archipelago of Sewalls Point

Located in the prestigious town of Sewalls Point, Florida the Archipelago is a non gated neighborhood of all waterfront homes with access to the crystal clear waters of the Atlantic Ocean through the Saint Lucie Inlet in Martin County, Florida.  All the homes in the Archipelago are on either the wide waters of the Indian River or located on deep water canals.  The Saint Lucie Inlet to the Atlantic is less than two miles away by water.  Access is maintained by dredging all Archipelago waterways to 6’.  Homes range from modest older frame homes, to spectacular estate lots with magnificent views.

 View of the Archipelago of Sewalls Point

View of the Archipelago of Sewalls Point

The link below will take you to all currently available Archipelago homes in Sewalls Point, Florida

Search for Archipelago Homes for Sale

 

View all of our Listings

 

Sewalls Point  Real Estate is presented by:

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January 2017 Archipelago Real Estate of Sewalls Point Market Report

Florida Townhouses and Condos December 2016 Market Detail

01.29.17 by

Florida Townhouses and Condos December 2016 Market Detail

The Florida Townhouses and Condos Market Detail for December 2016 showed weaker activity for the last month of this year when compared to last year and the previous month.   Closed sales were down by 5.2% as compared to last months increase of 4.1% and new sales under contract (new pending sales) decreased by 2.1% (In November there was a 2.3% increase).

Values, however, continued to increase though at a more moderate pace.  Median sales prices were up by 7.7% (was up by 8% in November), while the average sales price increased by 4.2% (was up 4.5% in November).  As sales activity decreases and if inventory continues to increase, I expect these prices to continue to moderate, though they are staying pretty resilient at this time.

The inventory increased by 13.2% from December of last year.  For December 2016 we have 6.0 months of inventory (was  6.1 months in November) and compared to 5.3 for December 2015.  We remain in a balanced 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 December 2016 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 December 2016 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 December 2016 Market Detail

Florida Single Family Homes December 2016 Market Detail

01.28.17 by

Florida Single Family Homes December 2016 Market Detail

The Florida Single Family Homes Market Detail for December 2016 showed continued strong sales activity from last year, though at a slower rate of growth.  Closed sales were up by 0.8% (was up by 12.8% in November) and new sales under contract (new pending sales) were down by 1.1% (was up by 8.3% in November).

Both the median and average sales prices continued to rise from December 2015 to December 2016.  Up by 9.2% and 2.0% respectively, compared to November’s 10% and 6.2%.

The inventory of available homes for sale fell by 2.9% from last year.  For December there was only a 3.9 months supply of inventory as Florida remains in a sellers market with the advantage for sellers. (December of 2015 had a 4.1 month supply)  A balanced market favoring neither buyers or sellers is considered to be one with a 6 to 7 month supply of inventory.  Inventory is once again decreasing which continues to put pressure on rising prices and sales.

Florida Single Family Homes December 2016 Market Detail

Click here to view or download the full report:

Florida Single Family Homes December 2016 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 Single Family Homes December 2016 Market Detail

Monarch Country Club January 2017 Market Report

01.28.17 by

Monarch Country Club January 2017 Market Report

There are currently 7 active listings in the Monarch Country Club.  List prices range from $284,500 up to $525,000 for an average list price of $417,600 which works out to $185.92 per sq. ft. of living area.

There are 5 homes under contract which have not yet closed in Monarch.  List prices range from $263,500 to $445,000 for an average of $336,300 or $169.68 per sq. ft. of living area.  These homes were on the market for an average of 68 days before going under contract.

In the past year (12 months back), 40 homes have sold in the Monarch Country Club.  Sales prices ranged from a low of $195,000 up to $590,000 for an average sales price of $380,920 or $164.65 per sq. ft. of living area.  These homes sold on average at 96% of the last list price and were on the market for an average of 45 days before going under contract.

About the Monarch Country Club

One of Palm City’s premier neighborhoods, Monarch Country Club is home to the ‘Monarch’ Golf Course in a wonderful gated community of approximately 500 homes.

entrance to the Monarch Country Club

Homes in the Monarch Country Club range in size from estate sized homes with over 3,800 sq. ft. of living area and up to 5 bedrooms and 4 bathrooms with 3 car garages down to smaller attached villas with a more modest 1,300 sq. ft. of living area and 2 bedrooms, 2 bathrooms and a 2 car garage.  For those living in the Monarch Country Club, membership in the golf club is not mandatory and there are a number of social memberships also available including tennis and community pool memberships.

clubhouse of the Monarch Country Club

As of January 2017, the HOA fees (not including golf or social) ranged from just under $400 up to $450 a month depending on the size and the section of Monarch the home is located in. All ages and pets are welcome in Monarch and children are currently zoned to attend the Bessey Creek Elementary School, Hidden Oaks Middle School and Martin County High School.

swimming pool of the Monarch Country Club

This community is well located in Palm City close to Florida’s Turnpike for commuters and with easy access to shopping, restaurants, medical facilities and the many boat ramps and waterways in Martin County.

tennis courts in the Monarch Country Club

The championship course at Monarch boasts 6,867 yard par 72 with a slope of 133 and a rating of 73.6.  Shorter options exist for all levels of play.  This is an Arnold Palmer designed course that opened in 1987 and is currently managed as a ClubCorp facility.

clubhouse at the Monarch Country Club

There’s a beautiful clubhouse with pro shop, fine dining room, snack bar and outside bar that is open to club members and residents of Monarch Country Club.  The two story structure offers beautiful views of the emerald green fairways of the ‘Monarch’ course at the Monarch Country Club.  This fine facility is also available for business, social conferences and weddings.  Adjacent to the clubhouse is a professional caliber tennis facility with six perfectly maintained, lighted Har-Tru courts. A full-service Pro Shop is available to suit all of your needs. Lessons, groups, tournaments are all accommodated by the friendly staff.

Homes in the Monarch Country Club

Currently there are a number of fine homes available for sale in the Monarch Country Club, ranging from smaller attached villas to larger estate homes with magnificent lake and golf course views.

Here are the currently available Monarch Country Club Homes for Sale

Monarch Country Club January 2017 Market Report

 

Leilani Heights Jensen Beach January 2017 Market Report

01.27.17 by

Leilani Heights Jensen Beach January 2017 Market Report

There are 5 currently active listings in Leilani Heights as of January 2017.  The list prices are $179,900 to $245,000 for an average list price of $219,540 or $178.57 per sq. ft. of living area.

There are no homes under contract at this time.

In the past year, there have been 20 homes sold in Leilani Heights.  Sales prices ranged from $108,000 to $257,000 with the average sales price being $198,450 which equates to $132.96 per sq. ft. of living area.  The average days on market prior to an accepted offer was 62 days and these sales averaged at 97% of the list price.

Located so closely to the many exciting and beautiful places in Jensen Beach, Leilani Heights has been a well known family oriented neighborhood for many years. Leilani Heights is within walking distance from the Five Star Jensen Beach Elementary School that has earned an “A” rating for 5 years in a row! The Lelaini Heights neighborhood is also located less than 10 minutes from Jensen Beach High School, a newer facility filled with fantastic teachers and sports programs. If you are a beach lover then you are in luck! Living in Leilani Heights, you are only a few minutes from having your toes in the sand. Want to enjoy downtown Jensen Beach? Then you are only five minutes away! Treasure Coast Square Mall is also just a short ride away! So if you want to be close to the five star schools, beaches, quality restaurants, the mall, family sports and recreation areas then Leilani Heights is your perfect fit.

Leilani Heights real estate in Jensen Beach Leilani Heights real estate in Jensen Beach

Leilani Heights real estate in Jensen Beach Leilani Heights real estate in Jensen Beach

Search for available Leilani Heights homes for sale

Hobe Sound FL 33455 Condo Market Report December 2016

01.25.17 by

Hobe Sound FL 33455 Condo Market Report December 2016

 

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2016

 

For December 2016 in the 33455 Zip Code area of Hobe Sound, Florida :

 

There are currently 11 active condo listings. (Unchanged from November)

Hobe Sound FL 33455 Condo Market Report December 2016

2 Condos are pending and awaiting close. (Down by 2 pending condos from November)

Hobe Sound FL 33455 Condo Market Report December 2016

4 Condos sold in December. (Increased by 4 closed sales from November)

 Hobe Sound FL 33455 Condo Market Report December 2016

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market.  Inventory remained unchanged while closed sales were up, while pending sales were off.

The absorption rate for Hobe Sound condos was 2.75 months for December  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 December 2015 numbers were: 4 active listings, 1 pending sales and 1 closed sales.  It’s very difficult to make meaningful comparisons with such low numbers of sales and inventory, though there is increased activity for this year when compared with 2015.

Hobe Sound FL 33455 Condo Market Report December 2016

Hobe Sound Florida Real Estate presented by:
Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2016

The 11’th Annual Port Salerno Seafood Festival

01.25.17 by

The 11’th Annual Port Salerno Seafood Festival

 Port Salerno Seafood Festival

The 11’th annual Port Salerno Seafood Festival will be this Saturday, January 28, 2017.  The organizers are planning on a record attendance of over 40,000 of your closest friends and neighbors.  This wonderful event features the absolute freshest local seafood prepared by local Port Salerno fishermen and their families ( as well as a core of dedicated volunteers).  The festival will run from 10:00am to 8:00pm with most food served from 11:00am to 7:00pm.

But there is more than just great food at the festival.  For this year there will be three stages with entertainment throughout the day starting at 10 am.  There will be a “Kids Fun Zone” as well as the annual “Little Miss Mermaid” pageant.

Port Salerno Seafood Festival

Don’t miss this even if you’re near the area on Saturday.  Great food, lots of entertainment and a wonderful way to spend the day with the entire family.

Salerno Seafood

Parking is available at numerous locations and once again there will no charge to ride the Water Taxi or Trolley courtesy of the Port Salerno Commercial Fishing Dock Authority.

For more information and directions visit the Port Salerno Seafood Festival web site here.