the Florida Club January 2016 Market Activity

Stuart, Florida

As of January, 2016:

There are currently 10 Florida Club homes for sale. List prices range from $244,900 to $529,900 for an average list price of $399,199 which equals $179.95 per sq. ft. of living area.

There are 4 homes under contract awaiting their sale. The list prices are from $249,900 to $529,900 for an average of $390,450 or $178.06 per sq. ft. of living area. These homes averaged 79 days on market before accepting the current offers.

In the past 12 months, 31 homes have sold in the Florida Club with sales prices ranging from $226,000 to $454,000 for an average sales price of $282,433 which equals $156.83 per square foot of living area. The average days on market was 42 days with a 96% list to sales price ratio.

Conveniently located at the gateway to Stuart, Florida and Martin County, the Florida Club is a DiVosta built golf club community located off Kanner Highway and within minutes of I-95. This non-equity golf club community consists of 433 homes. 113 homes in the estates section of the Florida Club featuring larger lots and spacious estate sized homes. Many with both lake or golf course views and a few with both. The remaining Florida Club homes feature either single family or attached one story villas, many also with golf course and/or lake views. Residents of the Florida Club can enjoy daily golf or if the wish can forgo being a member and just enjoy the benefits of living in a wonderful gated community without the expense of golf club membership. Additionally for those wishing to play only occasional (or just seasonal) golf, the Florida Club is open for non-members.

As of this writing, homes can be purchased in the Florida Club from the mid to high $100’s for villas to the upper $400’s for larger estate homes. Perfect for anyone who wants the convenience of easy access to I-95 with Palm Beach, Fort Lauderdale and Miami, just a quick trip to the south and Orlando to the north. Yet still only minutes to the wonderful Atlantic Beaches of both Stuart or Hobe Sound and Jupiter Island.

The Martin County location ensures low property taxes and ‘A’ rated school system. Enjoy the Florida sunshine and all that this friendly neighborhood has to offer.

For more information about golf at the Florida Club January 2016 Market Activity please visit their website: Florida Club Web Site and watch their welcome video below:

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the Florida Club January 2016 Market Activity

Hobe Sound FL 33455 Condo Market Report December 2015

01.22.16 by Gabe Sanders

Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Condo Sales for December 2015

For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 4 active condo listings. (Unchanged from November)

1 Condos are pending and awaiting close. (Unchanged from November)

1 Condos sold in November (Unchanged from November)

The Hobe Sound condo market (Zip Code 33455) is the smallest segment of the Martin County real estate market. With only 4 actively listed condos, there’s just not that many options out there for buyers. Amazingly, there were no changes from last month at all.

The current absorption rate is 4 months (Unchanged from last month). This absorption rate 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 December 2014 numbers were: 13 active listings, 6 pending sales and 5 closed sales. Much better activity last year with considerably more inventory to work with.

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Hobe Sound FL 33455 Condo Market Report December 2015

Hobe Sound FL 33455 Residential Market Report December 2015

01.21.16 by Gabe Sanders

Hobe Sound FL 33455 Residential Market Report December 2015

Hobe Sound Real Estate Snapshot for ZIP Code 33455, Residential Sales for December 2015

For December 2015 in the 33455 Zip Code area of Hobe Sound, Florida :

There are currently 187 active listings. (Up by 21 homes from November)

61 Residential sales are pending and awaiting close (Down by 14 homes from November)

40 Homes Sold in December (Up by 12 homes from last month)

The Hobe Sound Florida Market Report ZIP Code 33455 section of Martin County rebounded from a slower November with an increase in closed sales and inventory as well. Unfortunately, pending sales were off for December.

The current absorption rate for the Hobe Sound Florida Market Report ZIP Code 33455 rose to 4.7 months (5.9 months in November). Back into a sellers market for December after one month of a balanced market. An absorption rate of 6 to 7 months is considered to be a balanced market favoring neither the buyer or seller.

The numbers for December 2014 were: 231 active listings, 67 pending sales and 33 closed sales. Showing better closed activity for this year even with the reduced inventory.

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Hobe Sound FL 33455 Residential Market Report December 2015

Jensen Beach FL 34957 Condo Market Report December 2015

01.20.16 by Gabe Sanders

Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Condo Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida (Martin County) :

There are currently 37 active listings. (Increased by 1 condos from November)

12 Condo sales are pending and awaiting settlement. (Decreased by 5 condos from November)

7 Condos Sold (Increased by 5 condos from November)

The Jensen Beach FL 34957 Condo Market Report December 2015 remains a small sector as far as condos in Martin County and making meaningful comparisons with such small numbers can be problematic. Pending sales were down for December while there was a nice increase in closed sales.

The one month absorption rate for the December 2015, Jensen Beach Florida Market Report ZIP Code 34957 plunged to 5.3 months (from 18 months in November), bringing this segment of the Martin County condo market back into a sellers market again, after one month as a buyers market. A balanced market is considered to be a 6 to 7 month absorption rate favoring neither the buyer or seller.

The December 2014 numbers were: 44 active listings, 15 pending sales and 5 condos closed. Very similar numbers when compared to last year’s activity.

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Jensen Beach FL 34957 Condo Market Report December 2015

Jensen Beach FL 34957 Residential Market Report December 2015

01.19.16 by Gabe Sanders

Jensen Beach FL 34957 Residential Market Report December 2015

Jensen Beach Real Estate Snapshot for ZIP Code 34957, Residential Sales for December 2015

For December 2015 in the 34957 Zip Code area of Jensen Beach, Florida :

There are currently 121 active listings. (Down by 1 homes from last month)

68 Residential sales are pending and awaiting close or lender approval. (Down by 2 homes from November)

28 Homes Sold (Increased by 10 homes from November)

The Jensen Beach FL 34957 Residential Market had a very nice jump in closed sales for December while both pending sales and invenotry were basically unchanged.

The current absorption rate for the Jensen Beach Florida Market Report ZIP Code 34957 increased to 4.3 months (was 6.8 months in November). Slid right back into a sellers market after a one month stint in a balanced market. A 6 to 7 month absorption rate is considered to be a balanced market favoring neither the seller or buyer.

The December 2014 numbers were: 140 active listings, 56 pending sales and 33 home sales closed. A little greater closed activity last year, but better pending sales this year and all with a reduced inventory from last year.

Jensen Beach FL 34957 Residential Market Report December 2015

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Jensen Beach FL 34957 Residential Market Report December 2015

Summerfield Golf Club Market Report for January 2016

01.19.16 by Gabe Sanders

Summerfield Golf Club Market Report for July 2015 – Home of the Champions Golf Club

As of January 2016, there are 10 homes on the market in Summerfield ranging in listing price from $290,000 to $427,850 for an average list price of $347,647 which equals $170.29 per square foot of living area. Of these 10 homes, three are in the Summerfield Point section which is an area of 13 new homes being built by D. R. Horton.

There are 5 homes under contract (pending) awaiting their closing. Listing prices are from $218,000 to $439,900 for an average list price of $338,260 which equates to $169.02 per square foot of living area. These homes averaged 63 days on the market prior to receiving an accepted offer.

In the past 12 months, 31 homes have sold. Sales prices ranged from $238,000 to $511,900 for an average sales price of $339,264 which equals $160.49 per square foot of living area. The average days on market for these sales was 43 days and the average list to sales price was at 96%.

Summerfield Golf Club is located on over 275 acres and hosts a little over 500 single family homes adjoining the Champions Golf Course. Selected as one of the top 10 Golf Courses he nation by Golf Magazine in 1995, it is the first public golf course awarded the Audubon Signature Sanctuary Statuary because of its natural beauty. This Tom Fazio designed course is open to the public with very reasonable membership fees. Visit the Champions Course web site for more information at http://www.thechampionsgolfclub.com/

The residential section is known as Summerfield Golf Club and is a secured gated community with homes ranging in size from smaller 2 bedroom coach homes of around 1500 square feet up to 5 bedroom estate homes boasting over 3,000 square feet of living area.

Summerfield boasts an exceptionally large community pool and clubhouse with dining and entertainment facilities, fitness center and a professional 6 court Tennis club. All of these amenities available at very reasonable HOA fees, along with the convenience of on-site manager to handle any issues that may arise.

Very conveniently located near US-1 and Cove Rd, residents can enjoy close proximity to shopping, medical facilities with downtown Stuart only minutes away and only 30 minutes to the palm Beaches. Easy access to I-95 where travel to Orlando or Miami is only 2 hours by car.

The following homes are currently available for sale in Summerfield:

Summerfield Golf Club Homes for Sale

Stuart Florida Real Estate

Summerfield Golf Club Market Report for July 2015

Palm City FL 34990 Condo Market Report December 2015

01.18.16 by Gabe Sanders

Palm City FL 34990 Condo Market Report December 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Condo Sales for December 2015

For December 2015 in the 34990 Zip Code area of Palm City, Florida :

There are currently 52 active condo listings. (Decreased by 1 condos from November)

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

4 Condos Sold in December. (Down by 4 condos from November)

The Palm City FL 34990 condo real estate market is a fairly small segment of the Martin County condo market. For December sales were off while the inventory and pending sales were just about unchanged.

The current absorption rate for condos in the 34990 zip code area plunged to 13 months (was 6.6 months in December). Back into a buyers market for Palm City condos. A balanced market is considered to be an absorption rate of around 6 to 7 months.

The December 2014 numbers were: 61 active listings, 6 pending sales and 6 closed sales. Somewhat better activity last year, but only marginal. If the lower inventory is considered there’s a better percentage of activity this year.

Palm City FL 34990 Condo Market Report December 2015

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Palm City FL 34990 Condo Market Report December 2015

Palm City FL 34990 Residential Market Report December 2015

01.17.16 by Gabe Sanders

Palm City FL 34990 Residential Market Report December 2015

Palm City Real Estate Snapshot for ZIP Code 34990, Residential Sales for December 2015

For December 2015 in the 34990 Zip Code area of Palm City Florida :

There are currently 375 active listings (Decreased by 14 homes from November)

114 Residential sales are pending and awaiting close or lender approval. (Decreased by 8 homes from last month)

60 Homes Sold in November (Increased by 13 sold homes from November)

After a fairly weak November, the Palm City FL 34990 came back strong for December. Unfortunately the inventory decreased this month after some much needed increases in the past few months. Pending sales were off a little while we had a nice jump in closed sales.

The current absorption rate increased to to 6.3 months from 8.3 months in November. Back into a balanced 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 December 2014 numbers were: 431 active listings, 116 pending sales and 76 closed sales. Better closed activity last year, though pending sales are just as strong this year even with the reduced inventory.

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Palm City FL 34990 Residential Market Report December 2015

Stuart FL 34997 Condo Market Report December 2015

01.16.16 by Gabe Sanders

Stuart FL 34997 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2015

For December 2015 in the 34997 Zip Code area of Stuart, Florida :

There are currently 63 active condo listings (Up by 5 condos from November).

Stuart FL 34997 Condo Market Report December 2015

19 Condo sales are pending and awaiting close or lender approval (Decreased by 10 condos from November).

Stuart FL 34997 Condo Market Report December 2015

21 Condos Sold in December (Increased by 12 condos from November).

Stuart FL 34997 Condo Market Report December 2015

The Stuart FL condo market for zip code 34997 continues with excellent activity for December. Our inventory rose for the fifth month in a row and we now have surpassed last years active number of condos for sale. Pending sales were off unfortunately, but there was a very strong month of closed sales in December.

The one month absorption rate plunged to 3 months from 6.4 months for November. Back into a strong sellers market after last months balanced market. Continuing a trend prevalent for most of the past year. A 6 to 7 month absorption rate is typically considered to be a balanced market that favors neither the buyer nor the seller.

The December 2014 numbers were: 44 active listings, 15 pending sales and 5 closed sales. Much better closed activity this year as compared to 2014. Encouragingly, the inventory of condos in the 34997 zip code is up from last year.

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Stuart Real Estate Snapshot for ZIP Code 34997, Condo Sales for December 2015

Stuart FL 34997 Residential Market Report December 2015

01.15.16 by Gabe Sanders

Stuart FL 34997 Residential Market Report December 2015

Stuart Florida Real Estate Snapshot for ZIP Code 34997, Residential Sales for December 2015

There are currently 308 active listings (Decreased by 3 homes from November).

163 Residential sales are pending and awaiting close or lender approval (Decreased by 1 homes from November).

62 Homes Sold in December (Decreased by 3 homes from November)

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. For December, there has been very little changes from the previous month.

The current one month absorption rate remained almost the same at 5.0 months (was 4.8 months for November). Continuing as a sellers market for the 34997 segment of the Stuart residential market for all of the year. Typically a balanced market, favoring neither the seller or buyer, is represented by a 6 to 7 month absorption rate.

The 2014 numbers for December, were: 337 active listings, 177 pending listings and 79 closed sales. Better activity across the board from 2014, though the percentages are similar when the reduced inventory is factored into the equation.

Stuart FL 34997 Residential Market Report December 2015

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Stuart FL 34997 Residential Market Report December 2015

Stuart FL 34996 Condo Market Report December 2015

01.14.16 by Gabe Sanders

Stuart FL 34996 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Condo Sales for December 2015

For December 2015 in the 34996 Zip Code area of Stuart, Florida :

There are currently 102 active condo listings (Up by 8 condos last month).

31 Condo sales are pending and awaiting close or lender approval (Decreased by 1 condos from November).

18 Condos Sold in December (Increased by 2 condos from November)

The Stuart FL 34996 Condo Market of Stuart continues to do well. Another increase in inventory that we were in bad need of. And, pending and closed sales continue to do well.

The current absorption rate for the Stuart Florida condos in ZIP Code 34996 decreased to 5.7 months from November’s 5.9 months. A small move towards a sellers market. A balanced market is considered to occur when the absorption rate is from 6 to 7 months.

The numbers for December 2014 were: 142 active listings, 47 pending sales and 21 closed sales. Somewhat slower market activity for 2015 as compared to last year, though in large measure due to the reduced inventory of available condos for sale.

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Stuart FL 34996 Condo Market Report December 2015

Stuart FL 34996 Residential Market Report December 2015

01.13.16 by Gabe Sanders

Stuart FL 34996 Residential Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34996, Residential Sales for December 2015

For December 2015 in the Stuart Florida Market Report ZIP Code 34996 Florida :

There are currently 170 active listings (Up by 23 homes from November).

24 Residential sales are pending and awaiting close or lender approval (Down by 10 homes from November).

12 Homes Sold in December (Increased by 6 homes from November).

The 34996 zip code area of the Stuart Florida residential real estate market is on a bit of a roller coaster as we regained all of the lost inventory from last month. Sales also doubled from November, though there’s still plenty of room for improvement.

The one month absorption rate for the 34996 zip code area of Stuart Florida for December improved dramatically to 14.2 months as compared to November’s 23.8 months. Still a buyers market for this section of Martin County, but much improved from last month. A balanced market, favoring neither buyer or seller is considered to be around a 6 to 7 month absorption rate.

The numbers for December of 2014 were: 176 active listings, 11 pending sales and 24 closed sales. Considerably better sales activity last year, while future sales look better for next year with the better pending numbers.

Stuart FL 34996 Residential Market Report December 2015

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Stuart FL 34996 Residential Market Report December 2015

Updated Oceanfront Penthouse Condo in Indian River Plantation Just Listed

01.13.16 by Gabe Sanders

Updated Oceanfront Penthouse Condo in Indian River Plantation Just Listed

New on the market for $595,000. Suite 409 in the Plantation House of Indian River Plantation on Hutchinson Island in Stuart, FL

Live like you’re on a vacation every day in this totally updated oceanfront penthouse (4^th Floor) condo in Indian River Plantation on Hutchinson Island in Stuart FL. This spacious 2 bedroom, two bathroom condo has had just about everything re-done within the past few years. Enjoy wonderful ocean views, community pool and the amenities available through the Marriott Resort beach club, which includes golf, tennis, fitness center, deep water marina and more. This condo comes with one under building covered parking.

The Plantation House is an elevator building with controlled access through the lobby. Located directly on the ocean with a heated pool, barbecue area and numerous amenities only a short walk away. Some of the updates include hurricane resistant sliding windows, new AC in 2014, newer doors (both interior and exterior), custom closet treatments, totally redone bathrooms with lots of storage, crown molding, newer tile and carpets, custom kitchen cabinets with Corian countertops and tray ceiling. This is a pet friendly building allowing for up to two pets. No age restrictions.

You’ll love the carefree Island life right in Stuart from your luxury Hutchinson Island condo. Yet still just a short ride to downtown Stuart, shopping, restaurants and all the wonderful amenities that Martin County has to offer.

Located on the shores of the Atlantic Ocean, the Plantation House Condos are within the Indian River Plantation are of South Hutchinson Island which is the finest resort community in Martin County/Stuart FL.

The Plantation House was built in 1979 and has 39 2 bedroom, 2 bathroom condos that range in size from 1249 sq. ft. of living area up to 1393 sq. ft. All units have Ocean Views. There’s an Oceanside pool as well as under building parking and some free standing garages that come with the Plantation House condos.

Current condo and management fees are around $567 per month.

Indian River Plantation 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.

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Other 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, Resort Villas, River Village, Riverbend, Riverwood, Tennis Villas

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

Updated Oceanfront Penthouse Condo in Indian River Plantation Just Listed

Stuart FL 34994 Condo Market Report December 2015

01.12.16 by Gabe Sanders

Stuart FL 34994 Condo Market Report December 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Condo Sales for December 2015

For December 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 93 active condo listings (Down by 3 condos from November).

29 Condo sales are pending and awaiting close or lender approval. (Increased by 5 condos from last month)

17 Condos Sold in December (Up by 4 condos from November).

The Stuart FL 34994 Condo made a nice comeback for December. Somewhat surprising as we are not yet into the start of the peak seasonal condo market. But, it’s welcome none the less.

The one month absorption rate dropped to 5.5 months compared to last month’s 7.4. Back into a sellers market. 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 December the numbers were 95 active listings, 29 pending sales, and 10 closed sales. Better activity this year with very similar inventory levels..

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Stuart Florida Market Report ZIP Code 34994 – Condo, December 2015

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

01.11.16 by Gabe Sanders

Stuart Florida Market Report ZIP Code 34994 Residential December 2015

Stuart Real Estate Snapshot for ZIP Code 34994, Residential Sales for December 2015

For December, 2015 in the 34994 Zip Code area of Stuart, Florida :

There are currently 59 active listings (Decreased by 2 homes from November)

19 Residential sales are pending and awaiting close or lender approval (Decreased by 6 homes from last month).

12 Homes Sold in November (No change from November)

The residential real estate market for the 34994 ZIP code area of the Stuart, Florida showed little changes from the previous month. Sales were unchanged while both pending sales and active inventory both dropped slightly.

The one month absorption rate for the 34994 zip code for December decreased to 4.9 months from last months 5.1 months. Still a sellers market for the 34994 zip code area of Stuart, FL.

The December 2014 numbers were 89 Active Listings, 24 pending sales and 12 closed sales. Considerably less inventory for 2015 as compared to last year. Though sales are still equal to 2014.

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Stuart, FL Real Estate

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Stuart Florida Market Report ZIP Code 34994 Residential December 2015

Sewalls Point Single Family Market Report December 2015

01.10.16 by Gabe Sanders

Sewalls Point Single Family Market Report December 2015

Sewalls Point Real Estate Snapshot, Residential Sales for December 2015

There are currently 51 active listings (Down by 11 homes since last month)

13 home sales are pending and awaiting close or lender approval (Increased by 4 homes from November)

3 Homes sold in December (Down by 5 sales from November)

The single family real estate market in Sewalls Point had a poor month for closed sales in December, though other indications of future activity look very positive. The inventory is down to a much more reasonable level from past months and pending sales are also looking very positive.

The current absorption rate climbed to 17 months, in November it was 7.8 months. 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 December of 2014, the inventory was 57 homes on the market, 8 pending sales and there were 18 closed sales. Considerably better closed activity last year for the Sewalls Point single family home market, though pending sales look better this year.

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Sewalls Point Single Family Market Report December 2015

Edgewater Villas Condominiums January 2016 Market Report

01.09.16 by Gabe Sanders

Edgewater Villas Condominiums January 2016 Market Report

For January 2016 there are 3 condos available for sale in the Edgewater Villas of Stuart FL. List prices range from $385,000 to $499,000 which averages to $428,000 or $267.94 per sq. ft. of living area.

There are no units under contract at this time.

In the past 12 months, 1 condo has sold. The sales price was $335,000 or $214.61 per sq. ft. of living area. This condo sold for 95% of the list price and went under contract 23 days after it was listed.