Sewalls Point Single Family Market Report January 2016

02.10.16 by

Sewalls Point Single Family Market Report January 2016

Sewalls Point Real Estate Snapshot, Residential Sales for January 2016

There are currently 57 active listings (Up by 6 homes since last month)

Sewalls Point Single Family Market Report January 2016

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

Sewalls Point Single Family Market Report January 2016

4 Homes sold in January (Up by 1 sales from December)

Sewalls Point Single Family Market Report January 2016

The single family real estate market in Sewalls Point remains challenging as many of the homes in this community are in the higher end of the price spectrum or some homes are older and in need of updating and the sellers feel the cache of this exclusive community warrants the listing price.

The current absorption rate dropped to 14.25 months, in December it was 17 months. Still a strong buyers market for Sewalls Point.  Though, if the trend for improving sales continue, this may soon come to an end.  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 January of 2014, the inventory was 58 homes on the market, 10 pending sales and there were 3 closed sales.  With very similar inventory, market activity is better for 2016 than for last year in Sewalls Point, but still plenty of room for improvement.

Sewalls Point Single Family Market Report January 2016

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Sewalls Point Single Family Market Report January 2016

 

Foxwood Stuart FL February 2016 Market Update

02.09.16 by

Foxwood Stuart FL February 2016 Market Update

 As of Feb 2016, there is only one home on the market in the Foxwood equestrian community in Stuart, FL.  The list price is $550,000 which is $175.22 per sq. ft. of living area.

There is one home under contract which has not completed the sales process. The listing price is $369,900 or $109.80 per sq. ft. of living area.  This home was on the market for 134 days prior to going under contract.

In the past 12 months there were 4 sales in this western Stuart community.  Sales prices ranged from $415,000 to $525,000 for an average of $477,500 which equals $155.66 per sq. ft. of living area.  These sales averaged a 94% list to sales ratio and an average of 110 days on the market.

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.

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

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

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 2016 Market Update

02.08.16 by

Whispering Sound Palm City February 2016 Market Update

 

There are 2 active listings in Whispering Sound in Feb of 2016 with asking prices of $199,500 and $210,000 for an average of $204,750 which equals $122.26 per sq. ft. of living area.

There are 2 pending sales with list prices of $190,000 and $210,000, for an average list price of $200,000 which equals $135.17 per sq. ft. living area.  These two homes went under contract in an average of 33 days after going on the market.

In the past 12 months, 19 homes have sold in this Whispering Sound. Sales prices ranged from $159,000 to $209,000 or an average sales price of $175,768 which equals $111.58 per sq. ft. of living area.  These 19 sales averages 98% list to sales price ratio and went under contract in an average of 54 days.

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.

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.

As of this writing (Feb 2016) the Home Owners’ Association (HOA) fees are approximately $250 per month, payable quarterly.

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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Jensen Beach Real Estate is presented by:
the Gabe Sanders BlueWater realty team

Whispering Sound Palm City February 2016 Market Update

Harbour Pointe Palm City Feb 2016 Market Update

02.07.16 by

Harbour Pointe Palm City Feb 2016 Market Update

There are currently 2 homes for sale in Harbour Pointe.  Listing prices are $349,900 and $464,900 for an average asking price of $407,400 which equals $158.75 per square foot of living area.

As of this writing there are no homes under contract.

9 homes have sold in the past 12 months. Sales prices were from $244,000  to $450,000.  The average sales price was $330,375 or $136.75 per square foot of living area.  These sales were at an average of 95% list to sales ratio.  These homes averaged 47 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

Currently Available Homes and Town Homes in Harbour Pointe

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

Palm City Florida Real Estate

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

Harbour Pointe Palm City Feb 2016 Market Update

 

Palm Beach County December 2015 Market Report

02.06.16 by

Palm Beach County December 2015 Market Report

Palm Beach County December 2015 Market Report

Market Highlights

“Florida Realtors® reported that our median sale price for single family homes has exceeded the
$300,000 mark again. According to December figures for Palm Beach County, we have reached
$305,000, our highest median price activity since June 2015. Meanwhile, year over year, median days on market has dropped 32. l % from 56 to 38 days with the greatest number of closed sales falling between $200,000 to 600,000. If you are looking to sell your property, find a REAL TOR® with local expertise to attain the highest price within the shortest time frame.”

Palm Beach County December 2015 Market Report

St Lucie County December 2015 Market Report

02.05.16 by

St Lucie County December 2015 Market Report

12-2015-slc-local-market-update-image (1)

“December market reports from Florida Realtors® have released for St. Lucie County. We saw a 19.2% boost in median sale price year over year, thanks to a higher number of closed sales above $150,000. Also, topping the charts was a triple-digit gain in luxury home sales above $600,000. This is a prime example of our dynamic housing market, where you must dig deeper to understand the fluctuation. Whether you are looking to buy or sell property, a consultation with a local REAL TOR® is key for expert guidance on our ever-changing marketplace.”

Give us a call if you have any questions or require information about the current real estate market in St Lucie County.
(772) 323-6996

St Lucie County December 2015 Market Report

Martin County December 2015 Market Report

02.04.16 by

Martin County December 2015 Market Report

 Martin County December 2015 Market Report

“For Martin County, Florida Realtors® reported that the number of closed home sales in December
improved 13.81 % from December, but dropped 9.6% year-over-year. Pricing, however, continued to
appreciate compared to last year with our median sale price for December increasing 5.3% to $300,000, and our average sale price advancing upward by 18.4% to $484,702. Meanwhile, inventory continued to remain low, keeping our monthly supply at 4.9 months and median days on market at 38 days. ‘Tis the season for sellers – prices are up, inventory is down, and higher end homes are selling! If you wish to list your home, be sure to use your local REAL TOR®.”

Give us a call if you have any questions or require information about the current real estate market in Martin County.
(772) 323-6996

Martin County December 2015 Market Report

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

02.02.16 by

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

The December 2015 Monthly Market Detail St Lucie County Townhouses and Condos eased a bit from a quite strong November.  Closed sales were down 2.8% from last year (was up 26.1% in November) while new sales under contract (new pending sales) increased by 5.6% (was up by 39.0% in November).

The median sales price increased by 0.9% (up by 12.4% in November) while the average sales price was down by 9.9% (increased 3.2% in November).  Somewhat mixed signals for the final month of 2015 for prices for St Lucie County townhouses and condos.

The inventory of available townhouses and condos decreased by 19 units from last month to 543 units, which is 20.5% less than December 2014. The current supply of inventory decreased to 5.1 months as compared to last month’s 5.3 months, which is 21.2% lower than last year.  The St Lucie County townhouses and condos market continues as a sellers’ market. Typically a 6 month inventory is considered a balanced market showing no advantage to either buyers or sellers.

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

Click here to view or download the full report:
December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

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.

December 2015 Monthly Market Detail St Lucie County Townhouses and Condos

December 2015 Monthly Market Detail St Lucie County Single Family Homes

01.31.16 by

December 2015 Monthly Market Detail St Lucie County Single Family Homes

December 2015 Monthly Market Detail St Lucie County Single Family Homes showed some improvement from last months slow sales volume.  Closed sales were up by 0.2% (in November they were down by 13.3%) and new sales under contract (new pending sales) decreased by 17.9% (they were down by 21.0% last month).

While the median and average sales prices continue their relentless march higher with increases of 19.2% and 16.4% respectively from last December (For November these numbers were 10.8% and 17.2%). Very strong price increases continue as the demand for quality condos and townhouses remain high.

Active listings increased in December (from last month) by 4 homes to 1,754, now approaching similar levels from last year with this month 0.3% higher than last year..  The current supply of inventory is 3.8 months (a 3.7% increase from last year). The St Lucie County single family home market remains in a strong sellers market, though not quite as strong as last year.

December 2015 Monthly Market Detail St Lucie County Single Family Homes

Click here to view or download the full report:
December 2015 Monthly Market Detail St Lucie County 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.

December 2015 Monthly Market Detail St Lucie County Single Family Homes

Leilani Heights Jensen Beach January 2016 Market Report

01.31.16 by

Leilani Heights Jensen Beach January 2016 Market Report

There are 6 current listings in Leilani Heights as of January 2016.  The list prices are $215,000 and $264,900 for an average list price of $240,783 or $135.04 per sq. ft. of living area.

3 homes are under contract and awaiting settlement in Leilani Heights.  List prices are from $118,500 to $165,000 with the average list price being $144,466 that equals $130.42 per sq. ft. of living area.  These homes were on the market for an average of 29 days before accepting the current offer.

In the past year, there have been 22 homes sold in Leilani Heights.  Sales prices ranged from $106,000 to $235,000 with the average sales price being $180,636 which equates to $123.50 per sq. ft. of living area.  The average days on market prior to n accepted offer was 30 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.

Search for available Leilani Heights homes for sale

December 2015 Monthly Market Detail Martin County Townhouses and Condos

01.30.16 by

December 2015 Monthly Market Detail Martin County Townhouses and Condos

December 2015 Monthly Market Detail Martin County Townhouses and Condos  showed a somewhat slight improvement after two slower months of sales activity.  Closed sales were up by 1.8% (was down by 18.7% in November) and new sales under contract (new pending sales) were down by 23.9% from December 2014 (decreased by 5.7% in November).  The decrease in pending sales is a bit troubling for future months.

Even though the sales volume is off, prices continue to rise and very strong rates.  The median sales price was up by 27.1% (was up by 18.4% in November) while the average sales price increased by 9.2% (was up by 38.2% in November) as compared to December of 2014.

The inventory of available townhouses and condos has increased by 13 units to 411 properties from last month.  The second month of increased inventory, though this is still 19.3% below the December 2014 inventory.  Currently, there’s a 3.8 month supply of inventory (a 19.3% decrease from last year).  Still in a strong sellers market for townhouses and condos for Martin County.  The reduced inventory along with the strong demand continues to impact prices in Martin County.

December 2015 Monthly Market Detail Martin County Townhouses and Condos

Click here to view or download the full report:
December 2015 Monthly Market Detail Martin County Townhouses and Condos

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.

December 2015 Monthly Market Detail Martin County Townhouses and Condos

Crane Creek in Martin Downs January 2016 Housing Market Update

01.30.16 by

Crane Creek in Martin Downs January 2016 Housing Market Update

Crane Creek in Martin Downs

In January of 2016 there are 11 homes actively listed in Crane Creek.  List prices range from $350,000 to $770,000 for an average list price of $489,599 or $143.63 per sq. ft. of living area.

There are currently 7 Crane Creek homes are under contract and awaiting settlement, priced from $299,500 to $619,000 or an average list price of $411,357 which is $141.53 per sq. ft. of living area.  These homes averaged 76 days on market before accepting the current offer.

In the past 12 months there have been 23 sales in Crane Creek with sales prices ranging from $203,029 to $700,000 for an average sales price of $392,570 or $123.23 per sq. ft. of living area. The average days on market was 93 with a 97% list to sales price ratio.

Crane Creek in Martin Downs

The coast of Florida on the eastern side offers many wonderful locations. One of the secret attractions is Crane Creek real estate development. This community is found within Palm City. With all the accommodations the Palm City area has to offer it should not be a surprise that a select neighborhood such as Crane Creek real estate properties is a high commodity.

  • An abundance of parks to soak in the outdoors  from a climate that allows for it year round; fields for football, soccer, baseball, softball, lacrosse, tennis and basketball courts, skate rinks and parks, horseshoes, playgrounds, picnic areas, shelters, boat ramps and many more
  • A wide variety of fishing from saltwater to freshwater, surf to pier to deep water, charter, novice and expert, tournament or hobby
  • An assortment of arts and culture; musicals, plays, movie theaters, miniature golf, pleasure cruises, restaurants, fine art collections, gift shops, festivals, art shows, museums, theme parks
  • A large range of shopping experiences including leading retailers, specialty shops, charming boutiques, malls

Crane Creek in Martin Downs

Crane Creek real estate is situated within Martin Downs Country Club. A gated golf course community, Crane Creek has the finest features needed to make the community as upscale and appealing as possible. However, none of this is forced upon you because membership in the country club is optional.

  • a spectacular clubhouse
  • 2 championship golf courses
  • 12 tennis courts
  • 2 swimming pools
  • a fully equipped fitness center

Crane Creek in Martin Downs

There is also the opportunity to partake in one of the many other conveniences in place at the country club facility.  There are a driving range, chipping area, putting green, practice bunker and rental clubs. The Crane Creek real estate in Martin Downs is made up of marvelous and varied homes with something for everyone. The properties involve a wide selection of architectural style and choices from condominiums to estate homes. The parcels also have as much variation with maintenance free lots and large acreage lots. Within minutes from two of Florida’s major thoroughfares, Florida’s Turnpike and I-95, the location of Crane Creek real estate removes the hassle from commuting. In addition to all of these amenities recent business dealings in the Crane Creek real estate area may bring one more amenity. There is talk of an equestrian facility being placed on site within Martin Downs Country Club. In this part of Florida there is fishing, golf and horses. An equestrian facility would bring horse shows and an increase in revenue for locally owned businesses. Come take a look at all of the extras and all of the expected in this community. Furthermore, contact us today so we can put our knowledgeable and professional expertise to work for you as you look into becoming part of the Crane Creek real estate undertaking.
Crane Creek in Martin Downs

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Crane Creek Homes for Sale

Palm City, Real Estate presented for your consideration by:
the Gabe Sanders real estate team

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Crane Creek in Martin Downs January 2016 Housing Market Update

December 2015 Monthly Market Detail Martin County Single Family Homes

01.29.16 by

December 2015 Monthly Market Detail Martin County Single Family Homes

The December 2015 Monthly Market Detail Martin County Single Family Homes ended the year with weaker sales volume than last year, while prices continue to rise.  Year to year closed sales were down by 9.6% (was up 6.5% in November). New pending sales decreased by 10.6% as compared to December of 2014 (Increased by 4.9% in November).

Prices continue their upward march.  The median sales price was up by 5.3% from last year (up by 13.0% in November) while the average price increased by 18.4% (was up by 30.6% last month).  A little slower rate of appreciation as compared to last month, but still very strong growth in values.

The inventory of available single family homes increased from last month by 12 homes to 1141 units this month, and this inventory is 11.2% less than last December.  Current supply of homes is 4.9 months, for November of this year it was a 4.8 months supply. (This is a 21.0% decrease from last year).  Continuing as a strong sellers market.  The reduced inventory is the current cause of the slower sales volume.  Hopefully, with the increase in values there will be some increasing inventory in the months ahead.

December 2015 Monthly Market Detail Martin County Single Family Homes

Click here to view or download the full report:
December 2015 Monthly Market Detail Martin County 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.

December 2015 Monthly Market Detail Martin County Single Family Homes

January 2016 Pinecrest Lakes Housing Market Report

01.28.16 by

January 2016 Pinecrest Lakes Housing Market Report

There are 12 actively listed homes for sale in the Pinecrest Lakes community as of January 2016.  Listing prices range from $298,000 to $599,900 for an average list price of $475,024 which equates to an average of $173.01 per sq. ft. of living area.
There are 5 homes under contract and awaiting closing. The list prices of these homes range from $309,900 to $639,111 or an average list price of $461,851 which is $161.40 per sq. ft. of living area.  These homes averaged 84 days on the market before an accepted offer.
In the past 12 months, 36 homes have sold in Pinecrest Lakes with sales prices ranging from $197,000 to $449,000 or an average sales price of $361,747 which is $149.77 per sq. ft. of living area.  These sales averaged 140 days on market and sold at 96% of list price.
Pinecrest Lakes Homes for Sale

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes Homes for Sale

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes Homes for Sale

 

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

 

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

 

January 2016 Pinecrest Lakes Housing Market Report

January 2016 Archipelago Real Estate of Sewalls Point Market Update

01.27.16 by

January 2016 Archipelago Real Estate of Sewalls Point Market Update

For January of 2016 there are two active listings on the market in the Archipelago of Sewalls Point.  Listing prices are $1,550,000 and $2,175,000 for an average list price of $1,966,666 or $517.56 per sq. ft.

There is one home currently under contract. It was listed for $979,000 or $289.05 per sq. ft. and was on the market for 3 days prior to this offer being accepted.

In the past 12 months, there have been no homes sold in the Archipelago of Sewalls Point. The last sale was over a year and a half ago on 4/30/2014 which was a $735,000 sale price.

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:

the Gabe Sanders real estate team

January 2016 Archipelago Real Estate of Sewalls Point Market Update

Lake Tuscany January 2016 Market Report

01.26.16 by

Lake Tuscany January 2016 Market Report

As of January 2016, there are 2  homes available for sale with listing prices from $419,900 to $429,000 for an average list price of $424,450 which is a price per square foot of living area of $146.67.

There are no homes currently under contract and awaiting settlement in Lake Tuscany.

In the past 12 months, 6 homes have sold in Lake Tuscany ranging in sales price from $335,000 to $460,000 for an average sales price of $381,416 which equals $126.35 per sq. ft. of living area.  These homes took an average of 86 days on market to go under contract and sold at 97% of list price.

Lake Tuscany real estate Stuart FL

Lake Tuscany in Stuart FL is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Lake Tuscany real estate Stuart FL Lake Tuscany real estate Stuart FL

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

 Lake Tuscany real estate Stuart FL

Search here for currently available Lake Tuscany real estate in Stuart FL

For any questions you may have about January 2016 Lake Tuscany Real Estate Update in Stuart FL, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

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

Lake Tuscany January 2016 Market Report

 

January 2016 Market Report for Osprey Cove in Hobe Sound

01.25.16 by

January 2016 Market Report for Osprey Cove in Hobe Sound

There are currently 5 homes for sale in Osprey Cove in Hobe Sound, FL.  Listing prices range from $525,000 to $1,050,000 for an average list price of $731,600 or a price per square foot of living area of $232.49.

There are 2 homes under contract which have not closed to date.  List prices are $539,000 to $599,999 for an average list price of $569,499 or $231.34 per sq. ft. of living area.  These homes were on the market for an average of 88 days before accepting these offers.

In the past 12 months, 10 homes have sold in Osprey Cove with sales prices ranging from $485,000 to $793,000 for an average sale price of $609,300 or $213.63 per sq. ft. of living area. These sales averaged 50 days on the market and sales prices averaged 96% of list price.

Osprey Cove in Hobe Sound

Clubhouse

Osprey Cove in Hobe Sound, Florida is a waterfront community off of Gomez Avenue in the vibrant Hobe Sound area of Martin County, Florida.  It is also known as the Osprey Cove Yacht Club and boasts 32 deep water boat slips just off the Intracoastal Waterway.  There are only 86 homes in this gated community that broke ground in late 2000 with homes being completed from 2000 through 2006.   Homes range in size from 3 bedroom, 3 bathroom, 2 car garage homes of 2,230 sq. ft. to 5 bedroom, 4 and 1/2 bathroom, 3 car garage pool homes of over 4,000 sq. ft. of living area.  There’s also a community pool and tennis court available to all residents.

Osprey Cove in Hobe SoundFor boaters, the docks are approximately 5 miles from the Saint Lucie Inlet of Martin County and just under 10 miles from the Jupiter Inlet in Palm Beach County.  All Osprey Cove residents enjoy easy access to shopping, restaurants and the pristine beaches of Jupiter Island in Martin County.

Osprey Cove in Hobe Sound

For families, the Martin County School District is one of the highest rated in Florida and children attend the Hobe Sound elementary school, Murray middle school and South Fork high school.  There are also a number of excellent private schools located nearby, including the Pine School.

Osprey Cove in Hobe Sound

You can find additional information at the Osprey Cove in Hobe Sound Homeowner’s Association web page.

January 2016 Market Report for Osprey Cove in Hobe Sound

For any questions you may have about Osprey Cove in Hobe Sound, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Hobe Sound Florida Real Estate

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

January 2016 Market Report for Osprey Cove in Hobe Sound

December 2015 Monthly Market Detail Florida Townhouses and Condos

01.24.16 by

December 2015 Monthly Market Detail Florida Townhouses and Condos

The December 2015 Monthly Market Detail Florida Townhouses and Condos showed weaker activity as compared to last year to end 2015. Closed sales were down by 1.2% as compared to last months increase of 5.7% and new sales under contract (new pending sales) decreased by 5.2% (In November there was a 7.2% decrease).

The median sales price was up again by 5% (up by 7.1% in November), while the average sales price declines by 2% (was up 8.2% in November).  After some very strong price increases for the past two years, this rate of increase seems to be moderating for this month.

The inventory decreased by 1.8% from December of last year.  For December 2015 we have 5.4 months of inventory (was 5.5 months in November) also was 5.9 from last December.  A continued sellers market for now, as a 6 months inventory supply is considered a balanced market.

December 2015 Monthly Market Detail Florida Townhouses and Condos

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:
December 2015 Monthly Market Detail Florida Townhouses and Condos

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.

December 2015 Monthly Market Detail Florida Townhouses and Condos

Portofino Condos at Jensen Beach January 2016 Market Update

01.24.16 by

Portofino Condos at Jensen Beach January 2016 Market Update

As of January 2016 there are two condos available for sale in Portofino.  These two are listed for $84,900 and $150,000 for an average list price of $117,450 which equals $124.09 per sq. ft. of living area.

There are no condos pending at this time.

In the past 12 months, 7 Portofino condos have sold, ranging in sales price from $61,500 to $135,000 for an average sales price of $92,364 which equals a price per sq. ft. of $90.63.  The average days on market was 13 and the average list to sales price ratio was 95%.

Portofino condos remain in high demand and sales prices continue to rise.  Many of the units continue to be controlled by the former developer who has not released them for sale and continues to run a rental program.

Portofino Condos at Jensen Beach January 2016 Market Update

Portofino Condos at Jensen Beach are one of the newest condominium subdivisions in Martin County.  Originally built as an upscale apartment complex around 2000, this development was turned into condominiums and began sales in 2005.  Due to the downturn in the housing market, not all units were sold and some are now being offered for lease.  Portofino Condos at Jensen Beach January 2016 Market Update features 1, 2 and 3 bedroom units with separate garage parking as an added purchase when available.  Unit sizes are 802 sq. ft. for the 1 Bedroom 1 bath, 1074 sq. ft. for the 2 Bedroom 2 bath, and 1252 sq. ft. for the 3 Bedroom 2 bath.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

 

Portofino Condos at Jensen Beach January 2016 Market Update

Portofino Condos at Jensen Beach January 2016 Market UpdateThe Condo Owners Association fees range from $190 to $315 per month depending on unit size and for garage owners, there’s an additional $20 per month charge.  Fees include the extensive grounds and gated entry as well as the amenities, which include a large community pool, heated whirlpool, state of the art fitness center, indoor racquetball court, tennis court, playground and a private clubhouse with a full kitchen.

Portofino Condos at Jensen Beach January 2016 Market Update

Portofino at Jensen Beach

All ages are welcome in Portofino Condos at Jensen Beach.   Children attend Martin County’s highly rated school system, currently at Jensen Beach elementary school, Stuart middle school and Jensen Beach high school.  Portofino Condos is close to the Treasure Coast mall as well as numerous shops and restaurants, medical facilities and only a few minutes to the waterways of Martin County and the beaches of Hutchinson Island.

Portofino Condos at Jensen Beach

Portofino Condos at Jensen Beach

For information about sales or rentals of Portofino Condos in Jensen Beach, please call the Gabe Sanders real estate team at 772-323-6996 or contact us here.

 

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Portofino Condos at Jensen Beach January 2016 Market Update

December 2015 Monthly Market Detail Florida Single Family Homes

01.23.16 by

December 2015 Monthly Market Detail Florida Single Family Homes

The December 2015 Monthly Market Detail Florida Single Family Homes improved only marginally from last December, but somewhat beter than last month.  Closed sales were up by 2.9% (was up by 1.9% in November) and new sales under contract (new pending sales) were down by 1.4% (was down by 2.8% in November).

Both median and average sales prices continue to rise ( December 2014 to December 2015) by 11.6% and 7.7% respectively, compared to November’s 13.6% and 9.6%.  Slightly slower rate of increase than for last mont.

The inventory of available homes for sale fell by 6.6% from last year.  Some high demand areas of Florida have seen decreasing inventory for a number of months now.  For December there was only a 4.3 months supply of inventory, this is a sellers market with the advantage for sellers. (December of 2014 had a 5.2 month supply)

December 2015 Monthly Market Detail Florida Single Family Homes

Click here to view or download the full report:

December 2015 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.

December 2015 Monthly Market Detail Florida Single Family Homes