Miramar Condos December 2016 Market Report

12.25.16 by Gabe Sanders

Miramar Condos December 2016 Market Report

This report includes all Miramar Buildings on Hutchinson Island in Jensen Beach Miramar, Miramar II and Miramar Royale.

There are 11 Miramar condos on the market on Hutchinson Island. List prices range from $209,500 up to $485,000 for an average list price of $359,381 which works out to $250.13 per sq. ft. of living area.

There are no condos currently under contract.

In the past 12 months, 14 Miramar Condos have sold. Sales prices ranged from $210,000 up to $440,000 for an average sales price of $356,020 or $244.66 per sq. ft. of living area. These condos sold for an average of 96% of list price and went under contract 120 days on average from listing date.

About The Miramar Condos in Jensen Beach:

Miramar Condos in Jensen Beach

The Miramar Condo building is located north of the Jensen Beach Causeway and consists of one ocean front 11 story building completed in 1981 and contains 62 condos. All the residences are 2 bedroom and 2 baths with units either having 1,264 or 1,154 sq. ft. of living area. The larger units are the corner condos.

Miramar Condos in Jensen Beach

Miramar has cousin condos located just to the north. These are the Miramar Royale and Miramar 2 buildings. Please click here to see these condos.

Miramar Condos in Jensen Beach

The Miramar has an ocean front pool as well as a large first floor social area with kitchen and bar and a fitness room. Current condo fees (as of December 2016) are $565 per month. And these fees cover Basic Cable, Common Areas, Elevator, Fire/Liability Insurance, Grounds / Plants, Maintenance Exterior, Pest Control, Pool Service, Recreational Facility, Reserve Funds, Roof Maintenance, Security, Sewer, Trash Removal, and Water. Pets are not allowed in the Miramar, but rentals with some minimum stay restrictions are allowed.

Let us know if you’d like to see some condos in the Miramar.

About The Miramar Royale & Miramar II Condos in Jensen Beach:

Miramar Condos in Jensen Beach

The Miramar Royale and Miramar II Condo buildings are located north of the Jensen Beach Causeway and consist of two ocean front 20 story buildings. The Miramar II was completed in 1984 and the Miramar Royale was finished in 1990 and has the added benefit of 22 covered garages.

Miramar Condos in Jensen Beach

All the residences have 2 bathrooms and there are both 3 bedroom and 2 bedroom condos. Interior sizes range from 1,703 down to 1,411 sq. ft. of living area (under A.C.).

Miramar Condos in Jensen Beach

Just to the south of Miramar Royale and Miramar II is the original Miramar condo building. Please click here to see these condos.

There is a gated entrance with the following amenities: pool, table tennis, exercise room, sauna, billiards, social room, & grilling area Current condo fees (as of December 2016) range from $630 up to $670 per month, depending on the size and which building the condo is in. Pets are not allowed in the Miramar II but are welcomed in the Miramar Royale (under 30 lbs. only). Both buildings will allow rentals with some minimum stay restrictions.

Here are the currently available Miramar Royale and Miramar II Condos for sale

Here are the currently available Miramar Condos for sale

Additional Jensen Beach Condos on Hutchinson Island in Saint Lucie County you may wish to consider:
Admiral – Atlantis – Claridge – Dune Walk – Empress – Island Club – Island Crest – Island Dunes – Islandia – Miramar Royale – Ocean Dunes – Oceana North – Oceana Oceanfront – Oceana South – Ocean Towers – Oceanrise – Ocean Bay Villas – Princess – Regency – Sand Dollar Shores – Sea Winds – Villa del Sol

Resort Villas December 2016 Market Report

12.24.16 by Gabe Sanders

Resort Villas December 2016 Market Report

For December 2016 there is only one condo available for sale in Resort Villas. This condos is listed for $440,000 or $488.89 per sq. ft. of living area.

There is one condo under contract waiting to settle. It was listed for $345,000 or $530.77 per sq. ft. of living area and was on the market for 67 days before going under contract.

In the past 12 months, 4 Resort Villas condos have sold. Sales prices ranged from $310,000 up to $405,000 for an average sales price of $358,250 which works out to $464.62 per sq. ft. of living area. These condos sold for a average of 93% of list price and went under contract in an average of 60 days after being listed.

About Resort Villas in Indian River Plantation in Stuart Florida:

The Resort Villas of Indian River Plantation consists of two four story ocean front elevator buildings that were built in 1977. Each building consists of 40 condos with both 2 bedroom and 2 baths and 1 bedroom 1 bath. Sizes range from 975 sq. ft. for the 2 bedroom condos to 650 sq. ft. for the 1 bedroom. The buildings are called the Spoonbill and the Pelican.

Resort Villas in Indian River Plantation in Stuart Florida

The Resort villas condos are very desirable because of the liberal rental rules allowing weekly rentals, making these condos an excellent investment opportunity, with many unit owners renting these for a few months during the high season to pay expenses and having the remainder of the year for their own use.

Resort Villas in Indian River Plantation in Stuart Florida

Currently the management and condo fees run from $410 to $475 per month depending on the building and unit size. There is limited under building parking for some owners and reserved parking spaces for all. A heated beach side pool is also available for exclusive use of the Resort villas residents. This is a pet friendly building allowing for up to two large dogs.

Resort Villas in Indian River Plantation in Stuart Florida

And, access to all the wonderful amenities of the Hutchinson Island Marriott resort in Indian River Plantation (details below).

Search here for Resort Villas 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:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Ocean Terrace – Plantation Club Villas – Plantation House – River Village – Riverbend – Riverwood – Tennis Villas

Jensen Beach FL 34957 Condo Market Report November 2016

12.23.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for November 2016

For November 2016 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 142 active listings. (Increased by 14 condos from October)

28 Condo sales are pending and awaiting settlement. (Down by 2 condos from October)

10 Condos Sold (Down by 12 condos from October)

The Jensen Beach FL 34957 Condo Market Report for November slowed abruptly after a pretty good previous month. Sales were off by a significant amount while the inventory rose as well. Hopefully this market will soon see increased activity as we head into the winter season.

The one month absorption rate for the November 2016, Jensen Beach Florida Market Report ZIP Code 34957 jumped to 14.2 months (from 5.8 months in October), moving the Jensen Beach condo market into a buyers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The November 2015 numbers were: 36 active listings, 17 pending sales and 2 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.

Search for Jensen Beach FL Condos Here

Jensen Beach Florida Real Estate presented by:
Gabe Sanders

Gabe Sanders

Jensen Beach FL 34957 Condo Market Report November 2016

Sailfish Cove December 2016 Market Report

12.23.16 by Gabe Sanders

Sailfish Cove December 2016 Market Report

There is one home available for sale in Sailfish Cove which was formerly known as Rigels Cove until just a few years ago. The listi price for this home is $1,295,000 or $1,472,500 or $394.82 per sq. ft. of living area.

There are no homes under contract at this time.

There have been no sales in the past 12 months in Sailfish Cove on Hutchinson Island.

Sailfish Cove on Hutchinson Island

Sailfish Cove is located on Hutchinson Island in Jensen Beach FL. It is also known as Rigels Cove as the name was changed to Sailfish Cove just a little over a year ago. Just a little under a mile to the south of the Jensen Beach Causeway on the shores of the Intracoastal Waterway (also known as the Indian River).

Sailfish Cove was first developed in 1993 and only 11 homes make up this small subdivision with all homes having ocean access waterfront docks. Home sizes range from just under 3,000 sq. ft. of living area up to almost 5,000 sq. ft. HOA fees are approximately $400 a month as of July 2016. These fees include lawn and landscaping, maintenance of the common areas and the gate.

Sailfish Cove real estate

Residents of Sailfish Cove enjoy being in the ‘A’ rated Martin County School System and are just a few minutes from both downtown Jensen Beach as well as historic downtown Stuart FL. Lots of great shopping and amenities close by as well.

Sailfish Cove real estate

Search here for Sailfish Cove (Rigels Cove) Homes for Sale

Sailfish Cove December 2016 Market Report

Jensen Beach FL 34957 Residential Market Report November 2016

12.22.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report November 2016

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for November 2016

For November 2016 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 187 active listings. (Up by 16 homes from last month)

61 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from October)

38 Homes Sold (Up by 1 home sales from October)

The Jensen Beach FL 34957 Residential Market continues to show strong activity for November. Two months of increasing inventory without an equal increase in pensing and closed sales for Jensen Beach. Though, this market has been one of our strongest and still remains a sellers market.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 rose to 4.9 months ( was 4.6 months in October). Still in a sellers’ market for the Jensen Beach residential real estate segment. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The November 2015 numbers were: 122 active listings, 70 pending sales and 18 home sales closed. Sales continue to be stronger as compared to 2015 but the inventory is up sharply and pending sales are lower.

Jensen Beach FL 34957 Residential Market Report November 2016

Search here for Jensen Beach Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

- Rental Properties for Rent in Jensen-Beach, Florida Between $0 – $500,000

Commercial Properties

- Commercial Properties for Sale in Jensen-Beach, Florida Between $0 – $500,000

Residential Income Properties

Residential Income Properties for Sale in Jensen-Beach, Florida Between $0 – $500,000

Jensen Beach Florida Real Estate presented by:
the Gabe Sanders real estate team

Jensen Beach FL 34957 Residential Market Report November 2016

Palm City FL 34990 Condo Market Report November 2016

12.21.16 by Gabe Sanders

Palm City FL 34990 Condo Market Report November 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for November 2016

For November 2016 in the 34990 Zip Code area of Palm City, Florida :

There are currently 80 active condo listings. (Increased by 4 condos from October)

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

3 Condos Sold in November. (Down by 2 condos from October)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. Inventory has continued to rise while for this month sales were off making for a pretty strong buyers market. The bright note is an improved pending sales volume.

The current absorption rate for condos in the 34990 zip code area jumped up to 40 months (was 15.2 months in November). Currently 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 November 2015 numbers were: 53 active listings, 8 pending sales and 8 closed sales. Only the pending sales activity is improved when comparing last year’s activity.

Palm City FL 34990 Condo Market Report November 2016

Search Palm City FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Palm City Florida Real Estate presented by:
Gabe Sanders

Palm City FL 34990 Condo Market Report November 2016

Ocean Terrace Condos December 2016 Market Report

12.21.16 by Gabe Sanders

Ocean Terrace Condos December 2016 Market Report

There are currently 2 condos for sale in Ocean Terrace. List prices are $259,900 and $300,000 for an average list price of $279,950 which is $233.29.

There is 1 condo currently under contract. The list price was $214,900 or $214.69 per sq. ft. of living area. This condo was on the market for 52 days before going under contract.

2 condos have sold in Ocean Terrace in the past 12 months. These condos sold for $128,000 and $165,409 for an average sales price of $146,705 which equals $146.56. These condos sold for an average of 95% of the last list price and went under contracr in an average of 176 days after being listed.

About the 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

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.

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

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:
Bayview – Beachwalk – Dunes Club – Fairway Villas – Inlet Village – Lakeside – Ocean House – Plantation Club Villas – Plantation House – Resort Villas – River Village – Riverbend – Riverwood – Tennis Villas

Palm City FL 34990 Residential Market Report November 2016

12.20.16 by Gabe Sanders

Palm City FL 34990 Residential Market Report November 2016

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for November 2016

For November 2016 in the 34990 Zip Code area of Palm City Florida :

There are currently 430 active listings (Increased by 30 homes from October)

101 Residential sales are pending and awaiting close or lender approval. (Down by 13 homes from last month)

52 Homes Sold in October (Down by 3 homes from October)

The Palm City FL, zip code 34990 residential real estate market has had two months of increased inventory without an accompanying increase in either pending or closed sales. This may only be a seasonal phenomena and we will wait to see if sales activity picks up as we head into the winter season.

The monthly absorption rate increased to 8.3 months from 7.3 months in October. More into a buyers 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 November 2015 numbers were: 389 active listings, 122 pending sales and 47 closed sales. Better closed sales volume but not as strong with the pending sales. Considerably higher inventory for this year.

Search here for Palm City Florida Real Estate for Sale

Residential Properties

Land Properties

Rental Properties

Rental Properties for Rent in Palm-City, Florida Between $0 – $500,000

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

Palm City FL 34990 Residential Market Report November 2016

Crestwood Townhome Condos December 2016 Market Report

12.20.16 by Gabe Sanders

Crestwood Townhome Condos December 2016 Market Report

There are no townhomes available for purchase in the Crestwood subdivision in December 2016.

There are also no townhomes under contract.

In the past 12 months, 6 homes have sold. Sales prices ranged from $160,000 up to $245,000 for an average sales price of $197,333 which equals $99.19 per sq. ft. of living area. These townhomes sold for an average of 94% of list price and went under contract in an average of 45 days of being listed.

About Crestwood Townhome Condos:

The townhome community of Crestwood in Stuart FL consists of 36 townhouses that are deeded under condo rules. There are 9 buildings, each with 4 homes. This complex had the first units completed in 1983 with a couple of the buildings finished in 2003 and 2006.

All of these townhomes are spacious units with a minimum of 2 bedrooms and 2 and ½ baths of 1.634 sq. ft. and two car garages up to 3 bedroom (possible 4 bedroom) 2 and ½ bath units with 2,377 sq. ft. of living area and a 2 car garage.

The condo fees as of October 2016 are $420 per month, which includes building insurance and maintenance of the outside, common area maintenance, insurance, pest control, landscaping and lawn maintenance, reserve funds and roofs. There is a community pool with gazebo and barbecue area.

All ages are welcome and 1 medium sized pet is OK. Rentals are permitted after 1 year of ownership. Children are zoned for the Pinewood Elementary School, David L. Anderson Middle School and the South Fork High School.

This complex is located on the corner of Cove Road and Kanner Highway making for easy access to I-95 for those needing to commute to points south or north. West palm Beach being only 30 minutes away while both Miami and Orlando are approximately a 2 hour trip.

There’s a Publix shopping center just down the street and the Manatee Pocket can be reached in only minutes for those interested in boating or some great fresh seafood restaurants. Historic downtown Stuart FL is only 15 minutes away and only a few minutes further to the crystal clear blue waters of the Atlantic Ocean beaches.

Come see why these Crestwood Condo Townhomes are such an excellent opportunity.

Click here to see if any Crestwood Condo Townhomes are available for sale

Stuart FL 34997 Condo Market Report November 2016

12.19.16 by Gabe Sanders

Stuart FL 34997 Condo Market Report November 2016

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2016

For November 2016 in the 34997 Zip Code area of Stuart, Florida :

There are currently 73 active condo listings (Increased by 1 condo from October).

Stuart FL 34997 Condo Market Report November 2016

20 Condo sales are pending and awaiting close or lender approval (Down by 7 condos from October).

Stuart FL 34997 Condo Market Report November 2016

8 Condos Sold in November (Increased by 2 condos from October).

Stuart FL 34997 Condo Market Report November 2016

The Stuart FL condo market for zip code 34997 showed a small increase in sales activity while also having reduced pending sales. The inventory remained fairly steady from last month.

The absorption rate dropped to 9.1 months in November from 12 months for October. Continuing as a buyers’ market for the 34997 zip code of Stuart FL, though not as extreme as last month. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The November 2015 numbers were: 58 active listings, 29 pending sales and 9 closed sales. Considerably greater sales activity last year with less available inventory.

Search for All Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for November 2016

River Village December 2016 Market Report

12.19.16 by Gabe Sanders

River Village December 2016 Market Report

There are two River Village Condos available for sale as in December 2016. The list prices for these condos are $259,000 and $299,000 for an average list price of $279,000 which equals $263.43 per sq. ft. of living area.

There is also one condo under contract that has yet to close. The list price was $264,900 which equals $252.53 per sq. ft. of living area. This condo was on the market for 38 days prior to going under contract.

In the past 12 months, 4 condos have sold in River Village. Sales prices ranged from $235,000 up to $300,000 for an average sales price of $276,250 or $278.30 per sq. ft. of living area. These condos sold for an average of 95% of the last listing price and were on the market for an average of 140 days prior to accepting a contract.

River Village in Indian River Plantation

The River Village condos of Hutchinson Island in the Indian River Plantation complex of Stuart consist of four four story elevator buildings close to the Marriott Resort and full service marina in Indian River Plantation. These units were built in 1980 with most units having views of the Intracoastal Waterway also knows as the Indian River.

There are 64 units all are two bedroom two bath condos of with either 1,068 or 970 sq. ft. of living area. This is a pet friendly building. River Village residents enjoy their own community pool for River Village resident’s exclusive use.

Current condo and management fees are around $1,475 per quarter.

River Village December 2016 Market Report

Stuart FL 34997 Residential Market Report November 2016

12.18.16 by Gabe Sanders

Stuart FL 34997 Residential Market Report November 2016

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for November 2016

There are currently 328 active listings (Decreased by 3 homes from October).

138 Residential sales are pending and awaiting close or lender approval (Up by 6 homes from October).

62 Homes Sold in November (Increased by 4 homes from October)

The Stuart Florida Residential Market for ZIP Code 34997 is the largest segment of the Stuart FL residential real estate. Novembers results continued to improve from the previous month and both sales and pending sales are at good sustainable levels.

The absorption rate decreased slightly to 5.3 months (was 5.7 months for October). Sliding back into more of a sellers market. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.

The 2015 numbers for November, were: 311 active listings, 164 pending listings and 65 closed sales. Weaker activity for 2016 as compared to last year, but still an active market.

Stuart FL 34997 Residential Market Report November 2016

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 November 2016

Stuart FL 34996 Condo Market Report November 2016

12.17.16 by Gabe Sanders

Stuart FL 34996 Condo Market Report November 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for November 2016

For November 2016 in the 34996 Zip Code area of Stuart, Florida :

There are currently 153 active condo listings (Up by 16 condos last month).

34 Condo sales are pending and awaiting close or lender approval (Increased by 11 condos from October).

12 Condos Sold in November (Up by 1 condos from October)

The Stuart FL 34996 Condo Market of Stuart showed some gains in sales as well as pending sales but not enough to offset some fairly large gains in inventory.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 jumped to 12.8 months from October’s 12.5 months. Remaining in a buyers 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 November 2015 were: 94 active listings, 32 pending sales and 16 closed sales. Fairly similar closed and pending volume as compared to November of 2015, but the inventory is considerably higher.

Search Stuart FL Condos Here

Stuart Florida Real Estate presented by:
Gabe Sanders

Stuart FL 34996 Condo Market Report November 2016

Stuart FL 34996 Residential Market Report November 2016

12.16.16 by Gabe Sanders

Stuart FL 34996 Residential Market Report November 2016

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for November 2016

For November 2016 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 186 active listings (Up by 12 homes from October).

24 Residential sales are pending and awaiting close or lender approval (Down by 1 homes from October).

9 Homes Sold in November (Decreased by 6 homes from October).

The 34996 zip code area of the Stuart Florida residential real estate market had a jump in inventory while decreasing activity in both pending and closed sales.

The one month absorption rate for the 34996 zip code area of Stuart Florida for November jumped to 20.6 months as compared to October’s 11.6 months. The fourth month in a row as a buyers’ market for the 34996 zip code area of Stuart FL after a long string of being in a sellers market. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for November of 2015 were: 143 active listings, 34 pending sales and 6 closed sales. Inventory is considerably greater this year and pending sales are fewer with a little bit better closed sales volume.

Stuart FL 34996 Residential Market Report November 2016

Search here for real estate in the 34996 Zip Code of Stuart FL

Stuart Florida Real Estate presented by:

Gabe Sanders – Stuart Florida Real Estate

Stuart FL 34996 Residential Market Report November 2016

Stuart FL 34994 Condo Market Report November 2016

12.15.16 by Gabe Sanders

Stuart FL 34994 Condo Market Report November 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for November 2016

For November 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 98 active condo listings (Up by 5 condos from October).

30 Condo sales are pending and awaiting close or lender approval. (Unchanged from last month)

20 Condos Sold in November (Up by 6 condos from October).

The Stuart FL 34994 Condo market showed improved sales as well as a continued strong pending activity for November. A little bit of a surprise that this condo market has done well so late in the season.

The absorption rate for November dropped to 4.9 months compared to last month’s 6.5. Moving back into a 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 November the numbers were 96 active listings, 24 pending sales, and 13 closed sales. Surprisingly a much improved market as compared to last November. Typically the condo market picks up later in the year and the beginning f the following year.

Stuart, FL Real Estate

Business Opportunity Properties

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
- Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

Commercial Properties

Land Properties

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

Residential Income Properties

Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart Florida Market Report ZIP Code 34994 – Condo, November 2016

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

12.14.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for November 2016

For November, 2016 in the 34994 Zip Code area of Stuart, Florida :

There are currently 45 active listings (Decreased by 11 homes from October)

31 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from last month).

14 Homes Sold in October (Down by 2 homes from October)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida continues with very strong activity. Unfortunately the inventory of active home listings is dropping once again to levels that may make this market difficult in the near future.

The one month absorption rate for the 34994 zip code for November declined to 3.2 months from 3.5 months for October. Continuing as a strong sellers’ market for the 34994 zip code area of Stuart, FL. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

The November 2015 numbers were 61 Active Listings, 25 pending sales and 12 closed sales. Considerably stronger activity this year when compared to 2015, but the large drop in inventory is troubling.

Search here for Stuart Florida Real Estate for Sale

Stuart Florida Real Estate presented by:
the Gabe Sanders real estate team

Stuart, FL Real Estate

Business Opportunity Properties

- Business Opportunity Properties for Sale in Stuart, Florida Between $0 – $500,000
- Business Opportunity Properties for Sale in Stuart, Florida Between $500,000 – $1,000,000

Commercial Properties

Land Properties

Rental Properties

- Rental Properties for Rent in Stuart, Florida Between $0 – $500,000

Residential Properties

Residential Income Properties

Residential Income Properties for Sale in Stuart, Florida Between $0 – $500,000

Stuart Florida Market Report ZIP Code 34994 Residential November 2016

Harbour Ridge December 2016 Market Report

12.14.16 by Gabe Sanders

Harbour Ridge December 2016 Market Report

Homes:

There are currently 56 homes available for sale in Harbour Ridge. Listing prices range from $25,000 up to $1,200,000 for an average list price of $350,388 ($269,000 – median) which equates to $126.51 per sq. ft. of living area ($123.20 – median).

There is one home under contract which has not closed to date. List price was $$390,000 or $148.74 per sq. ft. of living area. This home was on the market for 314 days prior to going under contract.

In the past 12 months, 23 homes have sold. Sales prices ranged from $4,500 up to $1,690,000 for an average sales price of $426,152 or $122.96 per sq. ft. These sales averaged 82% of the last list price and were on the market for an average of 232 days prior to going under contract.

Condos:

There are 46 condos for sale in Harbour Ridge. List prices range from $1 up to $595,000 for an average list price of $100,185 or $57.15 per sq. ft. of living area.

There are no condos currently under contract in Harbour Ridge.

7 condos have sold in the past 12 months with sales prices from $10,000 up to $456,818 for an average of $107,545 which equals $51.65 per sq. ft. These condos sold for an average of 74% of the final list price and took an average of 136 days on market before accepting an offer.

Harbour Ridge is a yacht and country club located right next to the St. Lucie River. Technically located in Saint Lucie County, but Harbour Ridge residents have a Palm City zip code and children attend the ‘A’ rated Martin County School district as it’s location is much closer to Martin County.

This magnificent golf and yachting community offers a wide and varied range of recreational activities for residents only such as; two championship golf courses, tennis programs, a gym center, yacht club with a private marina, and a gorgeous dog park! Harbour Ridge includes many varied types of residences from, a low density community that allows each home to have plenty of green space and a minimum of 1.25 acres to wonderful condos overlooking the wide Saint Lucie River. There is a newly built magnificent club house that is sought after for rentals throughout the community.

Search for all Harbour Ridge Homes in Palm City

Search for all Harbour Ridge Condos in Palm City

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

Sewalls Point Single Family Market Report November 2016

12.13.16 by Gabe Sanders

Sewalls Point Single Family Market Report November 2016

Sewalls Point Real Estate Snapshot, Residential Sales for November 2016

There are currently 74 active listings (Down by 5 homes since last month)

11 home sales are pending and awaiting close or lender approval (Increased by 1 home from October)

2 Homes sold in November (Decreased by 4 homes sales from October)

The single family real estate market in Sewalls Point took a second step backward for November 2016 after improving numbers throughout the summer. Pending sales remained steady but a considerable drop in closed sales. At least the inventory declined slightly.

The current absorption rate skyrocketed to 37 months, in October it was 13.2 months. Hopefully we’ll see this number go down as we enter the winter season in the next few months. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to November of 2015, the inventory was 51 homes on the market, 13 pending sales and there were 3 closed sales. November 2015 was a much better month for Sewalls Point real estate than this year.

Search below for Sewalls Point Florida Real Estate for Sale

Rental Properties

- Rental Properties for Rent in Sewalls Point, Florida Between $0 – $100,000

Vacant Land Properties

Residential Properties

Sewalls Point Single Family Market Report November 2016

Beachwood Villas Hutchinson Island December 2016 Market Report

12.13.16 by Gabe Sanders

Beachwood Villas Hutchinson Island December 2016 Market Report

There is currently one active listing in Beachwood Villas of Hutchinson Island. The list price is $289,900 which is $309.39 per sq. ft. of living area.

There are currently two pending sales in Beachwood Villas. The list prices were $279,900 and $349,900 for an average list price of $314,900 which equates to $297.12 per sq. ft. of living area. These two condos went under contract in an average of 4 days after being listed.

Two condos have sold in Beachwood Villas in the past 12 months. The sales prices were $326,500 and $350,000 for an average sales price of $338,250 or $281.29 per sq. ft. of living area. These condos sold for an average of 95% of the final listed price and in an average of 45 days on market until there was an accepted offer.

Beachwood Villas on Hutchinson Island is a condo complex with 80 units that were built in 1975. Conveniently located halfway between the Jensen and Stuart Causeways this oceanfront complex features two bedroom, two bathroom condos ranging in size from 937 ft.² of living area up to 1259 ft.².

Many units have direct oceanfront views and all of the condos have under building parking to keep your car out of the harsh sun. Amenities include direct ocean access and a heated pool and spa.

At the time of this writing management and condo fees are approximately $560 per month. Beachwood Villas is a pet friendly community with two large dogs permitted for owners.

Those living in Beachwood Villas feel like they are in a tropical ocean paradise.

Search here for all available Beachwood Villas for Sale

Additional Martin County Condos on Hutchinson Island in Stuart and Jensen Beach you may wish to consider:
Angler Cove – Buttonwood – Fairwinds Cove – Green Turtle Cove – Hutchinson House – Indian River Plantation Condos – Islander 12 – Jensen Beach Club – Little Ocean Club – Maritimes – Ocean View – Sailfish Point – Sandpebble – Suntide

Stuart Florida Real Estate
Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Beachwood Villas Hutchinson Island December 2016 Market Report

Willoughby Golf Club Stuart December 2016 Market Report

12.12.16 by Gabe Sanders

Willoughby Golf Club Stuart December 2016 Market Report

There are currently 13 homes on the market in the Willoughby Golf Club, ranging in price from $229,850 to $1,349,000. The average listing price is $600,988 which equates to a price per sq. ft. of living area of $177.86.

There are 5 homes under contract which have not closed as this post was written. The list prices of these pending sales range from $449,000 to $995,000 for an average list price of $720,200 which equates to $197.30 per sq. ft. of living area. These homes averaged 114 days on market prior to going under contract.

In the past 12 months, 27 homes have sold in the Willoughby Golf Club. Sales prices ranged from $183,000 to $1,400,000 for an average sales price of $487,660 which equals $153.59 per sq. ft. of living area. Sales prices averaged 93% of list prices and these were on the market for an average of 147 days before receiving an accepted offer.

Willoughby Golf Club real estate can be found in the city of Stuart. Stuart is located in Martin County Florida and sits on the eastern coast of the Atlantic Ocean along what is commonly referred to as the Treasure Coast. Knowing the location of Willoughby Golf Club real estate is the first step in the right direction. You will soon realize though that the right direction becomes filled with so many benefits that it is hard not to wish of owning a piece of Willoughby Golf Club real estate.

Willoughby Golf Club real estate and surrounding area is made up of a 403-acre, private golf community. The golf club memberships entitle the members to enjoyment of a championship and challenging Arthur Hills designed golf course. Of the 403 acres over 200 are devoted to nature preserves, lakes and the golf course itself. This allows the residents in Willoughby Golf Club real estate to enjoy a low inhabitant’s environment and the splendors of the beautiful climate found along Florida’s coast.

Willoughby Golf Club real estate home sites are complimented by the numerous activities and events that take place in the town of Stuart along with noteworthy locations.

Restored downtown with historical landmarks
exclusive shops
distinctive restaurants
an executive airport
highly viewed schools
library
outstanding professional and medical facilities
a regional mall
many cultural happenings

The Atlantic Ocean is accessible via the St. Lucie Inlet and there are protected inland waterways offering boating and fishing excursions. This is no surprise since Stuart properties are located in the “Sailfish Capital of the World”. Stuart also has miles of pristine beaches.

A short drive south will take you to Palm Beach County with its fashionable shopping, assorted well reputable dining, the Raymond F. Kravis Center and Palm Beach International Airport.

The homes of Willoughby Golf Course real estate are divided into different categories. The entire area is made up of nine different neighborhoods, each as fine as the next. You can choose from various floor plans and styles.

Here are the currently available homes for sale in the Willoughby Golf Club

Willoughby Golf Club Stuart December 2016 Market Report