March 2016 Monthly Market Detail Florida Single Family Homes

The March 2016 Monthly Market Detail Florida Single Family Homes continues to do well, though not as robust as last year. Closed sales were down by 0.6% (was up by 0.4% in February) and new sales under contract (new pending sales) were down by 6.3% (was down by 3.6% in February). The main reason fo the slowdown in sales is the shrinking inventory of available homes, though price increases in the past few years haven’t helped either.

Both median and average sales prices continue to rise ( March 2015 to March 2016) by 10.3% and 4.9% respectively, compared to February’s 11.1% and 9.2%. Continuing a trend that has been ongoing for close to three years now.

The inventory of available homes for sale fell by 2.8% from last year. Higher demand areas of Florida have seen decreasing inventory for more than two years. For March there was only a 4.5 months supply of inventory, Florida remains in a sellers market with the advantage for sellers. (March of 2015 had a 5.0 month supply)

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March 2016 Monthly Market Detail Florida Single Family Homes

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.

March 2016 Monthly Market Detail Florida Single Family Homes

Fox Run Palm City Market Report April 2016

04.24.16 by Gabe Sanders

Fox Run Palm City Market Report April 2016

For late April of 2016 there are no currently active listings in Fox Run in Palm City.

There are 3 homes under contract which have not closed to date. These homes were listed from $399,900 up to $489,000 for an average list price of $442,933 or $211.30 per sq. ft. of living area. These three homes averaged 54 days on market before going under contract.

In the past 12 months, 4 homes have sold in Fox Run. Sales prices ranged from a low of $172,100 up to $439,000 for an average sales price of $334,525 which equals to $184.09 per sq. ft. of living area. These homes sold for an average of 95% of their last listed price and also averaged 103 days on market before going under contract.

About Fox Run in Palm City

Fox Run is a waterfront community on the Hidden Rive and just north of Murphy Road between Matheson Avenue and High Meadows Avenue. Only 57 homes in this community and they were built from 1979 through 2005. 11 homes are on the banks of the Hidden River with deep water ocean access docks. The remaining homes have exclusive access to a boat ramp as well as a large lot to store trailers and RV’s.

Homes are of a wide variety of sizes and shapes ranging from 4 bedroom, 3 bathroom homes of over 3,000 square feet of living area to just over 1,200 sq. ft. homes with 2 bedrooms and 2 bathrooms.

Other than the boat ramp and the storage/parking lot there are no other amenities in Fox Run keeping the HOA fees to a very reasonable $350 a year.

Close to shopping, restaurants and with easy access to Florida’s Turnpike for those commuting either north or south, this quiet residential area is the perfect spot for families or couples looking for a great neighborhood with access to boating and fishing.

Currently, children living in Fox Run are scheduled to attend Bessey Creek Elementary, Hidden Oaks Middle and Martin County High Schools.

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Fox Run Palm City Market Report April 2016

Hobe Sound FL 33455 Condo Market Report March 2016

04.23.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report March 2016

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

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

There are currently 5 active condo listings. (Decreased by 4 condos from February)

7 Condos are pending and awaiting close. (Up by 2 condos from February)

3 Condos sold. (Up by 3 from last month)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. March brought the first sale for condos in Hobe Sound for 2016. Though, with such low inventory, it is hard to make any meaningful comparisons as long as this market remains like this.

There were no sales in Hobe Sound condos for both January and February, but for March the absorption rate is 1.7 months, for December of 2015 it was 4 months. 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 may 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 March 2015 numbers were: 8 active listings, 9 pending sales and 4 closed sales. Better activity last year with the slightly higher inventory.

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Hobe Sound FL 33455 Condo Market Report March 2016

Hobe Sound FL 33455 Residential Market Report March 2016

04.22.16 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report March 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2016

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

There are currently 206 active listings. (Down by 6 homes from February)

116 Residential sales are pending and awaiting close (Up by 9 homes from February)

56 Homes Sold in March (Up by 19 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded very strongly for March with increases in closed and pending sales. With this kind of activity, the available inventory of homes for sale just isn’t enough to meet the buyers demands.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 3.8 months (7.6 months in February). Back to a very strong sellers market after two months of either a balanced or buyers markets. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for March 2015 were: 220 active listings, 122 pending sales and 52 closed sales. Stronger closed sales for 2016, but better pending sales and a slightly greater inventory last March.

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Hobe Sound FL 33455 Residential Market Report March 2016

Jensen Beach FL 34957 Condo Market Report March 2016

04.21.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report March 2016

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

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

There are currently 25 active listings. (Decreased by 1 condos from February)

13 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from February)

9 Condos Sold (Decreased by 2 condos from February)

The Jensen Beach FL 34957 Condo Market Report March 2016 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. The Jensen Beach condo inventory is the real issue with not enough to choose from for those buyers looking in the area. Good listings at fair prices continue to fly off the market.

The one month absorption rate for the March 2016, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 2.8 months (from 2.4 months in February), continuing as a pretty extreme sellers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The March 2015 numbers were: 30 active listings, 21 pending sales and 5 condos closed. Closed sales are better this year than last while pending sales were stronger last year.

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Jensen Beach FL 34957 Condo Market Report March 2016

Stuart Condo in Waterfront Community – New Price

04.21.16 by Gabe Sanders

Pierpoint Condo in Stuart – New Price

Now only $89,000 for this well located and updated Stuart FL condo in the waterfront community of Pierpoint.

This is the perfect winter getaway from those cold northern winters. With the opportunity to have your own boat only steps away to enjoy fishing or the many waterways of the Treasure Coast of Florida. Or, for some a great new permanent residence with no lawns to mow or exterior maintenance to worry about.

Nicely updated 1 bedroom, 1 and ½ bathroom condo in Pierpoint. Serene pond views from the balcony of this surprisingly spacious condo. Kitchen has granite tile counter-tops and upgraded white cabinets. This unit comes fully furnished and in move in condition. Pierpoint is a waterfront community with dockage available for lease at very reasonable rates as well as kayak storage. There are two community pools, clubhouse with full kitchen, fitness room and a library. Fantastic location in the heart of Stuart only minutes to shopping, downtown, medical facilities and the beaches, yet still in a quiet residential area. Pierpoint is an adult community and no pets are allowed. Opportunities like this don’t come often.

About Pierpoint Condominiums

This friendly, active 55+ condominium offers two community pools, grills, shuffleboard, a waterfront clubhouse and dock. Located in the heart of Stuart and on the shores of the wide Saint Lucie River, the Pierpoint Yacht Club Condominiums is the premier adult community in Stuart, Florida. Extremely well maintained complex of 8 buildings, some of which have magnificent water views.

Pierpoint has docks with boat slips for rent as available. Also on this dock is a fishing station and benches for all Pierpoint residents to enjoy and use. Stuart enjoys some of the finest fishing conditions in all of Florida and the east coast.

On the shores of the Saint Lucie River, Pierpoint has a large and active clubhouse with a full kitchen available for members and special occasions. Adjacent to the clubhouse is one of two heated pools, a billiard room, reading library and shuffle board courts. There’s an outdoor lounge for sipping cocktails right on the shores of the wide Saint Lucie River. Lots of green space and ample parking complement this wonderful community.

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Jensen Beach FL 34957 Residential Market Report March 2016

04.20.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report March 2016

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

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

There are currently 124 active listings. (Down by 4 homes from last month)

66 Residential sales are pending and awaiting close or lender approval. (Down by 5 homes from February)

29 Homes Sold (Increased by 9 homes from February)

The Jensen Beach FL 34957 Residential Market had a good strong March with increased closed sales. Unfortunately pending sales were off slightly and the inventory was also down a little.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.3 months (was 6.4 months in February). After one month in a balanced market, we’re back into a sellers market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The March 2015 numbers were: 142 active listings, 85 pending sales and 29 home sales closed. The same number of closed sales for this year when compared to March of 2015 with less inventory and also less homes under contract.

Jensen Beach FL 34957 Residential Market Report March 2016

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Jensen Beach FL 34957 Residential Market Report March 2016

Palm City FL 34990 Condo Market Report March 2016

04.19.16 by Gabe Sanders

Palm City FL 34990 Condo Market Report March 2016

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

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

There are currently 65 active condo listings. (No change in active condos from February)

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

4 Condos Sold in March. (Down by 2 condos from February)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For March of 2015 sales were off while there was a small increase in pending sales. Inventory is actually higher than in the recent past.

The current absorption rate for condos in the 34990 zip code area rose to 16.25 months (was 10.8 months in March). An extreme buyers market for Palm City condos, though these numbers should be taken with a grain of salt because of the low number of available properties. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The March 2015 numbers were: 48 active listings, 15 pending sales and 6 closed sales. Slightly better activity last year when compared to March of 2016, along with the unusual fact of greater inventory this year when compared to 2015.

Palm City FL 34990 Condo Market Report March 2016

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Palm City FL 34990 Condo Market Report March 2016

Palm City FL 34990 Residential Market Report March 2016

04.18.16 by Gabe Sanders

Palm City FL 34990 Residential Market Report March 2016

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

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

There are currently 399 active listings (Decreased by 16 homes from February)

179 Residential sales are pending and awaiting close or lender approval. (Increased by 17 homes from last month)

80 Homes Sold in February (Increased by 24 sold homes from February)

The Palm City FL, zip code 34990, residential real estate market jumped back into a sellers market after two months of somewhat slower closed and pending volume. It looks to be a strong spring and summer market for Palm City in 2016.

The monthly absorption rate decreased to to 5 months from 7.4 months in February. Back into a sellers market after two months of 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 March 2015 numbers were: 435 active listings, 188 pending sales and 68 closed sales. Better closed volume for this year as compared to last year with less inventory.

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Palm City FL 34990 Residential Market Report March 2016

Stuart FL 34997 Condo Market Report March 2016

04.17.16 by Gabe Sanders

Stuart FL 34997 Condo Market Report March 2016

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

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

There are currently 75 active condo listings (Down by 3 condos from February).

Stuart FL 34997 Condo Market Report March 2016

38 Condo sales are pending and awaiting close or lender approval (No change in condos from February).

Stuart FL 34997 Condo Market Report March 2016

21 Condos Sold in March (Increased by 12 condos from February).

Stuart FL 34997 Condo Market Report March 2016

The Stuart FL condo market for zip code 34997 for march showed improved activity in closed sales and maintained a healthy number of pending sales as well. Unfortunately the inventory took a small drop.

The one month absorption rate jumped to 3.6 months from 8.7 months for February. Back into a sellers market after last months weaker buyers market. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The March 2015 numbers were: 43 active listings, 31 pending sales and 15 closed sales. One of the few segments of the Martin County real estate market with a higher inventory this year as compared to last. And, because of this, there’s better activity as well.

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

Stuart FL 34997 Residential Market Report March 2016

04.16.16 by Gabe Sanders

Stuart FL 34997 Residential Market Report March 2016

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

There are currently 308 active listings (Decreased by 13 homes from February).

175 Residential sales are pending and awaiting close or lender approval (Increased by 40 homes from February).

78 Homes Sold in March (Increased by 20 homes from February)

The Stuart Florida Residential Market for ZIP Code 34997 continues as the largest and the strongest segment of the Martin County single family real estate market. Closed and pending sales made huge improvements from last month as this segment of the Stuart residential real estate market remains red hot.

The current one month absorption rate plunged to 3.9 months (was 5.5 months for February). A very strong sellers market for the 34997 segment of the Stuart residential 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 March, were: 351 active listings, 211 pending listings and 87 closed sales. As hot as this market is, it was still outperformed last year, though there was a greater amount of inventory.

Stuart FL 34997 Residential Market Report March 2016

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Stuart FL 34997 Residential Market Report March 2016

Stuart FL 34996 Condo Market Report March 2016

04.15.16 by Gabe Sanders

Stuart FL 34996 Condo Market Report March 2016

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

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

There are currently 114 active condo listings (Down by 4 condos last month).

53 Condo sales are pending and awaiting close or lender approval (Decreased by 5 condos from February).

29 Condos Sold in March (Increased by 11 condos from February)

The Stuart FL 34996 Condo Market of Stuart showed continued strengthening from a weaker first two months of the year. Though the inventory remains stubbornly low and pending sales were off, which will indicate some reduction in closed volume for the future.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 plunged to only 3.9 months from February’s 6.6 months. Back into a strong sellers market for March. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for March 2015 were: 110 active listings, 61 pending sales and 36 closed sales. Still not as strong a market as last March.

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Stuart FL 34996 Condo Market Report March 2016

Stuart FL 34996 Residential Market Report March 2016

04.14.16 by Gabe Sanders

Stuart FL 34996 Residential Market Report March 2016

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

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

There are currently 163 active listings (Up by 9 homes from February).

51 Residential sales are pending and awaiting close or lender approval (Down by 4 homes from February).

23 Homes Sold in March (Increased by 11 homes from February).

The 34996 zip code area of the Stuart Florida residential real estate market had some excellent increases in closed sales as well as a small jump in inventory. Pending sales were off slightly from last month.

The one month absorption rate for the 34996 zip code area of Stuart Florida for March decreased to 7.1 months as compared to February’s 12.8 months. Still a buyers market for this section of Martin County but improving steadily for the past two months. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for March of 2014 were: 166 active listings, 37 pending sales and 21 closed sales. Better activity this year than for March of 2015.

Stuart FL 34996 Residential Market Report March 2016

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Stuart FL 34996 Residential Market Report March 2016

Stuart FL 34994 Condo Market Report March 2016

04.13.16 by Gabe Sanders

Stuart FL 34994 Condo Market Report March 2016

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

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

There are currently 96 active condo listings (Up by 5 condos from February).

38 Condo sales are pending and awaiting close or lender approval. (Increased by 6 condos from last month)

15 Condos Sold in March (Down by 5 condos from February).

The Stuart FL 34994 Condo market increased inventory while not increasing closed sales for march of 2016. Pending sales rose which should be a good indication of increased future closed sales.

The one month absorption rate increased to 6.4 months compared to last month’s 4.6. Currently a balanced market for condos in 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 March the numbers were 95 active listings, 46 pending sales, and 15 closed sales. Similar volume as last year, though pending sales are somewhat less for 2016.

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

Stuart Florida Market Report ZIP Code 34994 Residential March 2016

04.12.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential March 2016

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

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

There are currently 62 active listings (Down by 7 homes from February)

33 Residential sales are pending and awaiting close or lender approval (Increased by 9 homes from last month).

15 Homes Sold in February (Up by 2 homes from February)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed strong increases in both sales and pending activity while unfortunately getting very low, once again, with the available inventory.

The one month absorption rate for the 34994 zip code for March dropped to 4.1 months from 5.3 months for February. A very 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 March 2014 numbers were 76 Active Listings, 45 pending sales and 16 closed sales. Slightly better closed and pending volume from 2015, but it was also with a larger available inventory.

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential March 2016

Sewalls Point Single Family Market Report March 2016

04.11.16 by Gabe Sanders

Sewalls Point Single Family Market Report March 2016

Sewalls Point Real Estate Snapshot, Residential Sales for March 2016

There are currently 70 active listings (Up by 14 homes since last month)

14 home sales are pending and awaiting close or lender approval (Increased by 2 homes from February)

6 Homes sold in March (No change in sales from February)

The single family real estate market in Sewalls Point had a surprising increase in inventory for March while sales remained unchanged, thus pushing the absorption rate higher. Pending sales were up slightly. There does seem to be increasing activity in Sewalls Point, though it does remain a slower moving market as many of the Sewalls Point properties are in the higher end range of the Martin County real estate market.

The current absorption rate rose to 11.7 months, in February it was 9.3 months. Still a great buyers market for Sewalls Point. 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 March of 2014, the inventory was 72 homes on the market, 17 pending sales and there were 3 closed sales. Better closed activity when compared to last year and the inventory is also approaching last years numbers.

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Sewalls Point Single Family Market Report March 2016

Fairwinds Cove Condos in Jensen Beach April 2016 Market Update

04.10.16 by Gabe Sanders

Fairwinds Cove Condos in Jensen Beach April 2016 Market Update

Fairwinds Cove Condos in Jensen Beach, FL., Market Update for April 2016:

There are currently 2 active listings on the market in Fairwinds Cove. The list prices are $178,000 and $195,000 for an average of $186,500 which comes out to $161.97 per square ft. of living area.

There are 2 condos currently under contract at this time. The list prices are $175,000 and $225,000 for an average list price of $200,000 or $181.49 per sq. ft. of living area. These two condos averaged 37 days on market prior to going under contract.

In the past 12 months, 8 condos have sold ranging in sales prices from $135,000 to $250,000 with an average sales price of $186,425 which is $153.94 per square foot and a list to sales price ratio of 93%. These condos averaged 177 days on market before going under contract.

Aerial View of Fairwinds Cove

Entrance to Fairwinds Cove

Located in beautiful Jensen Beach, Florida on the East side of the Jensen Beach Causeway is Fairwinds Cove. A waterfront condo complex of 10 four story buildings with only 4 suites per floor. Many of these condos with wonderful sweeping views of the Indian River (the Intracoastal Waterway that runs through Martin County).

Pool at Fairwinds Cove

Docks of Fairwinds Cove

This condo complex built in multiple phases from 1974 to 1983 boasts two swimming pools, tennis courts, shuffleboard, waterside walking paths, a recently refurbished clubhouse with full kitchen, meeting room, fitness room, billiards and more. Fairwinds Cove also has deeded docks with great access to fishing, water sports and only a few minutes to the crystal clear waters of the Atlantic Ocean.

Fairwinds Cove

Fairwinds Cove is a non-age restricted community that allows one small pet. There is a strong sense of community with many long time seasonal and full time residents. Located within an easy walk to the beach and just a short drive to charming downtown Jensen Beach as well as the many amenities offered in Martin County, Florida.

Fitness Room of Fairwinds Cove

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Fairwinds Cove Condos in Jensen Beach April 2016 Market Update

Pierpoint Condo in Waterfront Community – Reduced

04.10.16 by Gabe Sanders

New Price for this Pierpoint Condo

Just reduced to $90,000. Come take a look at this great condo in one of the best locations in Stuart FL.

About Pierpoint Condominiums

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Pierpoint Condo in Waterfront Community – Reduced

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Suntide Condos on Hutchinson Island April 2016 Market Report

04.09.16 by Gabe Sanders

Suntide Condos on Hutchinson Island April 2016 Market Report

As of April 2016, there are 3 condos on the market in Suntide on Hutchinson Island in Stuart FL. Listing prices range from $272,500 to $285,000 with an average list price of $278,833 which equals $255.42 per sq. ft. of living area.

There are two condos under contract which have not sold to date. The list prices were $339,000 and $355,000 for an average list price of $347,000 or $304.12 per sq. ft. of living area. These two condos averaged 43 days on market before going under contract.

There have been 7 condos sold in the past 12 months in Suntide. The sales prices ranged from $116,000 to $325,000 for an average sales price of $233,642 which equals $189.62 per sq. ft. of living area. These sales averaged at 91% of the last list price and also were on the market for an average of 140 days before accepting an offer that led to the sale.

Pool for Suntide Condos

Sun Deck of Suntide Condos

Located on Hutchinson Island in uncrowded and unspoiled Martin County, the Suntide Building is one of the premier ocean front condos in Stuart, Florida. Boasting truly fine amenities with a protected pool, private beach access and hard to find under building protected parking. There’s a full clubhouse with a fitness center, pool table, card room, library, full kitchen and reading room.

Beach access for Suntide Condos

Suntide has all two bedroom, two bath condos that come in four different configurations and sizes. The largest of these feature an office, sitting room than can possibly double as an extra bedroom. Many units have direct and unspoiled ocean views. One of the best run associations in Stuart, this fine complex is always a desirable destination for those who have made it their permanent residence as well as those who enjoy it as a vacation get away.

Entrance to Suntide Condos

Fitness Room in Suntide Condos

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Suntide Condos on Hutchinson Island April 2016 Market Report

Hideaway Isles April 2016 Market Report

04.07.16 by Gabe Sanders

Hideaway Isles April 2016 Market Report

As of April 2016, there is one active listing in Hideaway Isles in Palm City FL. This home is listed for $325,000 which equals $250.77 per sq. ft. of living area.

There are two homes under contract which have not settled to date. Listing prices are $499,900 and $569,500 for an average list price of $534,700 or $240.49 per sq. ft. of living area. These two homes averaged 110 days on the market prior to going under contract.

In the past 12 months, six Hideaway Isles homes have sold. Sales prices ranged from $249,700 to $525,00 for an average sales price of $$387,700 which works out to $231.30 per sq. ft. of living area. These homes sold for an average of 96% of listing price and went under contract in an average of 33 days after being listed.

About Hideaway Isles in Palm City FL

Hideaway Isles real estate in Palm City FL

Hideaway Isles is a community of a variety of homes where you will surely find something to suit your needs! Homes range in size from modest two to over five bedroom homes with plenty of room around the homes for a great opportunity to make your backyard a fantastic weekend getaway. There is a variety of homes in Hideaway Isles that have newer and older designs and ages. However, many homes have completed updates to the inside and outsides that today’s home buyers find so appealing. Most Hideaway isles homes are waterfront with deep water docks that can easily access the blue waters of the Atlantic Ocean, only minutes away.

Hideaway Isles real estate in Palm City FL

There are no HOA fees in Hideaway Isles and the only property restrictions are those imposed by Martin County.

Hideaway Isles real estate in Palm City FL

Hideaway Isles is located in Palm City which is a great city to raise a family in because of the “A” rated school system of Martin County, its closeness to I-95 and Florida’s Turnpike which will open you to all the opportunities of Palm Beach County!

Search here for any available Hideaway Homes for sale in Palm City FL

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March 2016 Monthly Market Detail Florida Single Family Homes

March 2016 Monthly Market Detail Florida Single Family Homes

Fox Run Palm City Market Report April 2016

About Fox Run in Palm City

Fox Run Palm City Market Report April 2016

Hobe Sound FL 33455 Condo Market Report March 2016

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

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Hobe Sound FL 33455 Condo Market Report March 2016

Hobe Sound FL 33455 Residential Market Report March 2016

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for March 2016

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